PLBY shareholders reject second tranche of Byborg investment; approve name change to Playboy

Playboy, Inc.

Nasdaq Proposal (issuance of 16.96M shares at $1.50 to The Million S.a.r.l.) rejected: 30.5M against vs 17.9M for.
Share increase to 400M authorized shares approved; name change to Playboy, Inc. approved.
Directors Juliana F. Hill and György Gattyán elected; BDO USA ratified as auditor for 2025.
Say on Pay approved; CEO Ben Kohn reaffirms focus on deleveraging and positive cash flow in 2025.
Byborg states continued commitment as largest licensing partner despite failed tranche.

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