SkyAI Board Retains Seats After Shareholders Withhold Majority Vote

• —Each of the five directors received 18.36–20.67 million withheld votes versus 6.89–9.20 million in favor
• —The 2026 equity incentive plan was rejected with 22.46 million votes against and 5.05 million in favor
• —SkyAI disclosed $5 million in related-party consulting fees against $5.46 million in net staking revenue
• —Shares closed at $1.83 on September 29 but remain down 73.5% over the past year