Intercont (Cayman) Limited - Notice of 2026 Extraordinary General Meeting of Shareholders

Intercont (Cayman) Limited is holding an Extraordinary General Meeting of Shareholders on January 26, 2026. The meeting will address five proposals: 1. To increase the authorized share capital from US$50,000 to US$100,000, divided into 1,000,000,000 Ordinary Shares. 2. To establish two new classes of ordinary shares: Class A and Class B, with Class B shares having weighted voting rights (30 votes per share compared to 1 vote for Class A). 3. To redesignate existing and unissued ordinary shares into Class A and Class B shares, with specific allocations to entities controlled by the CEO, Ms. Muchun Zhu. 4. To authorize a share consolidation of up to 100:1 if the stock price falls below $1.00 to comply with NASDAQ listing rules. 5. To update the Memorandum and Articles of Association to reflect these changes. The Board of Directors unanimously recommends voting FOR all proposals. Shareholders of record as of December 24, 2025, are entitled to vote.