Company: FWDI
Filing Date: 2025-06-10
Form Type: PRE 14A
Source: 0001683168-25-004370
Chunk: 70

Company: Forward Industries, Inc.
Filing Date: 2025-06-10
Form: PRE 14A
Chunk 70
---
 Follows]</div>

| A-1 |

IN WITNESS WHEREOF, each of the constituent corporations are executing
this Agreement and Plan of Merger as of the ___ day of June, 2025.

FORWARD INDUSTRIES, INC., a New York Corporation

By: _________________

Name: _______________

Title:

FORWARD INDUSTRIES, INC., a Nevada Corporation

By: _________________

Name: _______________

Title:

| A-2 |

Annex B

<div align='center'>ARTICLES OF INCORPORATION

OF

FORWARD INDUSTRIES, INC.</div>

Pursuant to the provisions
of Section 78.035 of the Nevada Revised Statutes, the undersigned corporation adopts the following Articles of Incorporation as of the
date hereof:

<div align='center'>ARTICLE I

NAME</div>

The name of the corporation
is Forward Industries, Inc. (the “Corporation”).

<div align='center'>ARTICLE II

REGISTERED OFFICE</div>

The registered office of
the Corporation shall be [__]. The resident agent of the Corporation shall be [__]. The Corporation may, from time to time, in the manner
provided by law, change the resident agent and the registered office within the State of Nevada. The Corporation may also maintain an
office or offices for the conduct of its business, either within or without the State of Nevada.

<div align='center'>ARTICLE III

CAPITAL STOCK</div>

Section 1. Authorized Shares.The aggregate number of shares which the Corporation shall have authority to issue is 44,000,000 shares, consisting of two classes
to be designated, respectively, “Common Stock” and “Preferred Stock,” with all of such shares having a par value
of $0.01 per share. The total number of shares of Common Stock that the Corporation shall have authority to issue is 40,000,000 shares.
The total number of shares of Preferred Stock that the Corporation shall have authority to issue is 4,000,000 shares. The Preferred Stock
may be issued in one or more series, each series to be appropriately designated by a distinguishing letter or title, prior to the issuance
of any shares thereof. The voting powers, designations, preferences, limitations, restrictions, and relative, participating, optional
and other rights, and the qualifications, limitations, or restrictions thereof, of the Preferred Stock shall hereinafter be prescribed
by resolution of the board