Company: LDWY
Filing Date: 2025-09-26
Form Type: PRE 14A
Source: 0001104659-25-093874
Chunk: 3

Company: LENDWAY, INC.
Filing Date: 2025-09-26
Form: PRE 14A
Chunk 3
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. If not so revoked, the shares represented by such proxy will be voted in the manner directed by the Stockholder. If no direction is made, signed proxies received from stockholders will be voted in accordance with the Board’s recommendations.

How many shares must be present to hold the meeting?

Under Delaware law and our Bylaws, a majority of the voting power of the shares entitled to vote at the Annual Meeting represent a quorum for the transaction of business. Votes cast by proxy or in person at the Annual Meeting will be tabulated at the Annual Meeting to determine whether or not a quorum is present. To calculate whether a quorum is present, the total number of shares present and entitled to vote at the meeting will be divided by the total number of shares outstanding and authorized to vote under the Company’s Certificate of Incorporation.**

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PRELIMINARY PROXY STATEMENT – SUBJECT TO COMPLETION

How many votes are required to approve the proposals? The following sets forth the votes that are required to approve each of the proposals, and the impact of abstentions and broker non-votes:

|          | ​ |                                                                                                  |   |                                                                                                                                                   |   |                                                                                                                                     |
| Proposal |   |                                                                                                  |   | Vote Required                                                                                                                                     |   | Impact of Abstentions, Broker Non-Votes, if any                                                                                     |
| 1.       | ​ | Election of six directors                                                                        |   | Affirmative vote of the holders of a plurality of the shares present and entitled to vote. Nominees receiving the most FOR votes will be elected. |   | Abstentions and broker non-votes will not count as votes cast on the proposal and will not affect the outcome of the vote.          |
| 2.       | ​ | Approval, on an advisory basis, of the Say on Pay Proposal                                       |   | Majority Vote(a)                                                                                                                                  |   | Abstentions will have the same effect as votes cast AGAINST the proposal. Broker non-votes will not affect the outcome of the vote. |
| 3.       | ​ | Ratification of Independent Registered Public Accounting Firm                                    |   | Majority Vote(a)                                                                                                                                  |   | Abstentions and broker non-votes will have the same effect as votes cast AGAINST the proposal.                                      |
| 4.       | ​ | Approval of an amendment to our Certificate of Incorporation to increase authorized Common Stock | ​ | Affirmative vote of a majority of the voting