Perfect Moment (PMNT) Proxy Filing summary

Executive summary

• Annual meeting scheduled for January 14, 2026, with voting on key proposals including director elections, capital structure changes, and major financing transactions.

• Proposals include a reverse stock split, increase in authorized shares, preferred stock conversion, equity line of credit, and issuance of warrants.

• Board recommends approval of all proposals to maintain NYSE American listing and support future growth.

Voting matters and shareholder proposals

• Shareholders will vote on electing six directors, a reverse stock split (1-for-5 to 1-for-20), increasing authorized shares to 500 million, and conversion of Series AA Preferred Stock at a reduced price.

• Additional proposals include approval of an equity line of credit, issuance of shares and warrants to X3 Higher Moment Fund LLC, ratification of the external auditor, and adjournment authority.

• Board recommends voting FOR all proposals.

• Voting can be done online, by phone, or by mail, with detailed instructions provided.

Board of directors and corporate governance

• Six director nominees, all with significant experience in finance, investment, fashion, and brand management.

• Four directors are independent under NYSE American rules; two are not independent due to family relationships.

• Board committees (Audit, Compensation, Nominating/Governance) are fully independent.

• Board and committee meetings had high attendance; directors are encouraged to attend annual meetings.

• Corporate governance guidelines and code of ethics are in place and available online.