Company: CXDO
Filing Date: 2025-10-20
Form Type: DEF 14A
Source: 0001654954-25-011941
Chunk: 9

Company: Crexendo, Inc.
Filing Date: 2025-10-20
Form: DEF 14A
Chunk 9
---
 consists of 4,647,192 shares held personally, 6,570,373 shares in The Steven G. Mihaylo Trust dated August 19, 1999, as amended, of which Steven G. Mihaylo is the Trustee, 80,000 shares in The Steven Mihaylo and Lois Mihaylo Foundation.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| (4) | Shares owned consists of 53,510 shares held personally and 181,842 shares held by his family’s private equity firm Ropart Asset Management FD II LLC.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |

Delinquent Section 16(a) Reports

Section 16(a) of the Exchange Act requires our directors and executive officers, and persons who own more than ten percent of a registered class of our equity securities, to file with the SEC initial reports of ownership and reports of changes in ownership of our common stock and other equity securities. Officers, directors and greater than ten percent stockholders are required by SEC regulation to furnish us with copies of all Section 16(a) forms they file. Based on a review of reports and representations submitted to us, all reports regarding beneficial ownership of our securities required to be filed under Section 16(a) for the year ended December 31, 2024 were timely filed, except for the following.

| 1. 
 2. | Mr. Jackson’s Form 4 reporting the March 5, 2024 stock option grant was not filed timely due to a delay in obtaining SEC registration codes. The Form 4 was subsequently filed on August 14, 2024. 
 Ms. Kim’s Form 4 reporting the March 5, 2024 stock option grant was not filed timely due to a delay in obtaining SEC registration codes. The Form 4 has not been filed to date.                    |
|:---|:---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3. | Mr. Wang’s August 15, 2024 Form 4 was not filed timely due to administrative error. The Form 4 was subsequently filed on August 20, 2024.                                                          |
| 4. | Mr. Buch’s August 15, 2024 Form 4 was not filed timely due to administrative error. The Form 4 was subsequently filed on August 20, 2024.                                                          |

| 5 |

<div align='center'>———————

PROPOSAL I

ELECTION OF DIRECTORS

———————</div>

At