XWELL shareholders approve reverse split, share issuance; reject board classification

XWELL, Inc.

Proposal 6 passed: authorizes reverse stock split at ratio 1:2 to 1:20, at Board's discretion within one year.
Proposal 7 passed: permits issuance of shares >19.99% of outstanding under Exchange Agreement for Series G preferred, warrants, notes.
Proposal 5 failed: board classification into two classes with staggered terms rejected (For: 1,789,561, Against: 721,530).
All five director nominees (Ezra Ernst, Bruce Bernstein, Robert Weinstein, Gaëlle Wizenberg, Michael Lebowitz) reelected with majority support.
Advisory say-on-pay approved with ~78% of votes cast; future frequency set at every three years.

item 5.07

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