Richtech Robotics authorizes 5x increase in Class B shares to 1B; amends stock plan with evergreen provision

RICHTECH ROBOTICS INC.

Authorized Class B shares increased from 200M to 1B via Articles of Amendment filed Nov 10, 2025.
Adopted amended stock option plan with annual evergreen provision: lesser of 18% of outstanding or Board-determined amount through 2034.
Initial reserve under amended plan: 14,311,215 shares; annual increases start Nov 1, 2025.
Both actions approved by Board and shareholders holding ~68.5% of voting power.

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