Company: CTLPP
Filing Date: 2025-07-11
Form Type: PREM14A
Source: 0001140361-25-025663
Chunk: 36

Company: CANTALOUPE, INC.
Filing Date: 2025-07-11
Form: PREM14A
Chunk 36
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, the merger-related compensation will be paid to Cantaloupe’s named executive officers to the extent payable in accordance with the terms of their compensation agreements and arrangements even if the holders of Cantaloupe stock do not approve the Advisory Compensation Proposal. |

| Q: | What constitutes a quorum? |

| A: | The presence at the Special Meeting, virtually or represented by proxy, of shareholders entitled to cast at least a majority of the votes that all shareholders are entitled to cast on a particular matter at the Special Meeting will constitute a quorum at the Special Meeting. As of the record date, there were [  ] shares of common stock and [  ] shares of preferred stock outstanding and entitled to vote at the Special Meeting. |

When a quorum is present to organize a meeting, it is not broken by the subsequent withdrawal of any shareholders. Abstentions are considered as present for the purpose of determining the presence of a quorum. Shares not in attendance and broker non-votes will not be counted towards the required quorum.

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TABLE OF CONTENTS

| Q: | How does the Board recommend that I vote? |

| A: | After considering various reasons to approve and adopt the Merger Agreement, as well as certain countervailing factors, the Board members unanimously (i) determined that the Merger Agreement and the transactions contemplated thereby, including the Merger, are in the best interests of Cantaloupe, (ii) approved, adopted and declared advisable the Merger Agreement and the transactions contemplated thereby, including the Merger, (iii) resolved to recommend the approval and adoption of the Merger Agreement by Cantaloupe shareholders and (iv) directed that the Merger Agreement be submitted to the Cantaloupe shareholders. Certain factors considered by the Board in reaching its decision to approve and adopt the Merger Agreement and the Merger can be found in the section of this proxy statement titled “The Merger—Recommendation of the Board and Reasons for the Merger”. |

The Board recommends that Cantaloupe shareholders vote:

| • | “FOR” the Merger Proposal; |

| • | “FOR” the Advisory Compensation Proposal; and |

| • | “FOR” the Adjournment Proposal. |

| Q: | What is the difference between holding shares as a shareholder of record and a beneficial owner? |

A:

| • | Shareholder of Record.If your shares of common stock or preferred stock are registered directly in your name with our