Picard Medical (PMI) Proxy filing summary

Executive summary

• Annual Meeting scheduled for July 17, 2026, at 3:00 p.m. Mountain Time, to be held virtually.

• Proxy Supplement corrects voting options for the advisory vote on executive compensation frequency and updates Audit Committee membership disclosure.

• Stockholders can vote electronically, by mail, or during the virtual meeting using a control number.

Voting matters and shareholder proposals

• Election of four directors to serve until the 2027 annual meeting.

• Advisory vote on the compensation of named executive officers.

• Advisory vote on the frequency of future say-on-pay votes, with options for 1, 2, or 3 years.

• Proposal to amend the Certificate of Incorporation for a reverse stock split at a ratio of 1-for-15 to 1-for-50.

• Proposal to designate a new Class B common stock with 20 votes per share.

• Ratification of MaloneBailey LLP as the independent registered public accounting firm for 2026.

Board of directors and corporate governance

• Four nominees for director positions: Richard Fang, Sam Van, Joe Xiao, and George Ye.

• Board recommends a vote "FOR" all proposals.