Veru shareholders approve reverse stock split at ratio of 1-for-2 to 1-for-20

VERU INC.

Shareholders voted 98,869,209 for, 7,080,957 against, 1,013,920 abstain on reverse split proposal.
Board will determine final reverse split ratio within 1-for-2 to 1-for-20 range.
Adjournment proposal also approved: 100,083,638 for, 6,212,862 against, 667,586 abstain.
A total of 146,583,920 shares were eligible to vote at the July 25, 2025 special meeting.

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