MIND Technology (MIND) Proxy Filing summary

Executive summary

• Special Meeting for preferred stockholders scheduled for August 29, 2024, to vote on an amendment to the Certificate of Designations, Preferences and Rights for preferred stock.

• Letters sent to preferred stockholders emphasize the need to recast votes if proxies were submitted before July 16, 2024.

• Voting options include phone, internet, mail, and QR code for convenience and prompt participation.

• Forward-looking statements caution about risks and uncertainties that may affect future results and strategies.

Voting matters and shareholder proposals

• Proposal seeks approval for an amendment to the Certificate of Designations, Preferences and Rights for preferred stock.

• Only holders of preferred stock as of July 16, 2024, are eligible to vote, and previously cast proxies are invalid.

• Stockholders are strongly encouraged to vote in favor of the Preferred Stock Proposal.

Shareholder rights and capital structure

• Common Stock ($0.01 par value) and Series A Preferred Stock ($1.00 par value) are registered and traded on NASDAQ under symbols MIND and MINDP.

• Amendment to preferred stock rights is the subject of the current proxy solicitation.