Alight, Inc. effects 1-for-20 reverse stock split, declassifies board, amends bylaws

Alight, Inc. / Delaware

1-for-20 reverse stock split effective June 30, 2026; Class A authorized shares reduced from 1B to 50M.
Charter amended to declassify Board of Directors, requiring annual election of all directors.
Exculpation amendment eliminates officer personal liability for certain duty-of-care breaches.
Bylaws amended to mandate compliance with universal proxy rule (Rule 14a-19) for stockholder nominees.
Alight units also underwent 1-for-20 reverse unit split to maintain alignment with common stock.

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