XCF Global stockholders approve 1.7B authorized shares, DevvStream combination issuance and new board

XCF Global, Inc.

Proposal 1 passed with 286,810,803 votes for, raising authorized Class A Common Stock from 500,000,000 to 1,700,000,000 shares effective October 5, 2026.
Proposal 2 approved potential issuance of 19.99% or more of outstanding shares as consideration in the April 13, 2026 Business Combination Agreement with DevvStream and Southern Energy.
Christopher Cooper, Chad J. Langley, John Wharton, Wray Thorn, Sanford Cockrell, Si-Yeon Kim and Carl Stanton elected to the post-closing board.
Proposal 4 increased shares reserved under the 2025 Equity Incentive Plan from 14,557,181 to 80,000,000, with 280,192,521 votes for and 11,909,931 against.
292,412,906 shares, about 70.4% of the 415,296,896 outstanding as of the September 25, 2026 record date, were represented at the October 5, 2026 special meeting.

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