Stewards extends $1.6M note maturity to Sept 1, 2026; interest rate rises to 10%

Stewards, Inc.

Extended maturity of $1.6M final installment from May 31, 2026 to Sept 1, 2026.
Interest on $1.6M principal rises from 6% to 10% per annum for June 1-Sept 1, 2026, totaling $40,000.
15% default interest rate waived for extension period; reinstated if not paid by Sept 1, 2026.
Related-party: holder FAVO Holdings is 35% owned by CEO Shaun Quin; Quin recused from board vote.
Also adopted amended bylaws: majority voting, remote meetings, advance notice, exclusive forum.

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