Company: SUNE
Filing Date: 2025-02-28
Form Type: PRE 14A
Source: 0001140361-25-006563
Chunk: 9

Company: SUNation Energy, Inc.
Filing Date: 2025-02-28
Form: PRE 14A
Chunk 9
---
, you may change your vote and revoke your proxy at any time before it is voted at the meeting in any of the following ways:

| • | by sending a written notice of revocation to our Corporate Secretary; |

| • | by submitting another properly signed proxy card at a later date to our Corporate Secretary; or |

| • | by submitting another proxy by telephone or via the Internet at a later date. |

If you are a street name holder, please consult your broker, bank, trustee or nominee for instructions on how to change your vote. You can also change your proxy by voting at the meeting. Why did I receive a full set of the proxy materials, instead of a notice regarding the Internet availability of proxy materials? Although in the past we have mailed just a notice to our shareholders regarding the availability of proxy materials through the Internet, for this Special Meeting, we have elected to use the “full set delivery” option, and so are providing paper copies of proxy materials to all our shareholders, unless otherwise previously requested by the shareholder. Our proxy materials are also available via the Internet at www.proxyvote.com.

5

TABLE OF CONTENTS

PROPOSAL 1 INCREASE IN THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK Introduction Our Certificate of Incorporation, as amended, currently authorizes the issuance of up to 25,000,000 shares of Common Stock and 3,000,000 shares of preferred stock. The Board has approved an amendment to increase the number of authorized shares of Common Stock from 25,000,000 to 1,000,000,000 shares. The proposed form of Certificate of Amendment to the Certificate of Incorporation to effect the increase in our authorized Common Stock is attached as Appendix A to this Proxy Statement. Following the increase in authorized shares as contemplated in the Certificate of Amendment to the Certificate of Incorporation (the “Certificate of Amendment”), 1,000,000,000 shares of Common Stock and 3,000,000 shares of preferred stock will be authorized. There will be no changes to the issued and outstanding shares of Common Stock or preferred stock as a result of this amendment. Reasons for the Increase in Authorized Shares of Common Stock The Board has determined that the increase in our authorized shares of Common Stock is in the best interests of the Company and unanimously recommends approval by the stockholders. The Board believes that the availability of additional authorized shares of Common Stock is required for several reasons including, but not limited to, the additional flexibility to issue Common Stock for a variety of general corporate purposes