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The Vanguard Group's Disclosure on Forward Industries

The Vanguard Group, Inc. has submitted a Form 8.3 disclosure in accordance with the Irish Takeover Panel Act. The disclosure pertains to its interests in Forward Industries Inc. The position opening date for this disclosure is July 7, 2026.

Vanguard declares a 4.80% interest in Forward Industries, facilitated through $0.01 ordinary shares, totaling 3,540,413 shares. Notably, there are no positions in cash-settled or stock-settled derivatives to report.

Purchase activity includes the acquisition of 116 $0.01 ordinary shares at a unit price of $4.30 USD. No derivative transactions, options, or informal dealings such as indemnities are reported. Additionally, no related agreements regarding voting rights or future securities transactions exist.

The form does not include any supplemental information, confirming the absence of further dealings or arrangements.

R. E.

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