AXIL Brands increases equity plan shares by 15M to 25M total

Axil Brands, Inc.

Amendment to 2022 Equity Incentive Plan: authorized shares increase from 10M to 25M.
Increase of 15M shares was pre-approved by board and shareholders via Schedule 14C filed Dec 4, 2023.
Effective Feb 14, 2024; plan also includes annual evergreen increase up to 4% of outstanding shares.
No other material changes reported; executive and director compensation pool expanded.

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