SINGAPORE, Aug.  11, 2026  (GLOBE NEWSWIRE) -- Phaos Technology Holdings (Cayman) Limited, (NYSE:POAS), (&#34;Phaos&#34; or &#34;the Company&#34;) today announced that it has postponed its extraordinary general meeting

POAS

Phaos Technology Holdings (Cayman) Limited announces postponement of Extraordinary General Meeting 2026

Phaos postpones EGM to Aug 31; revised proxies to be issued

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>SINGAPORE, Aug.  11, 2026  (GLOBE NEWSWIRE) -- Phaos Technology Holdings (Cayman) Limited, (NYSE:POAS), (&amp;#34;Phaos&amp;#34; or &amp;#34;the Company&amp;#34;) today announced that it has postponed its extraordinary general meeting</p>
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  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Phaos Technology Holdings postponed its extraordinary general meeting from August 18 to August 31, 2026 to refine proposal wording. Updated proxy materials will be sent to shareholders, the SEC, and posted on the IR site, with the July 8 record date unchanged. No business occurred at the original meeting, so investors should review the revised proxies for voting implications.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>POAS postpones EGM to Aug 31, 2026; virtual meeting; updated proxy materials forthcoming.</li><li>Record date remains July 8, 2026; only record holders may vote.</li><li>Original proxy materials superseded; votes on old proxies will not be counted.</li><li>Updated materials to SEC and IR site; new proxy form issued.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Phaos Technology Holdings (NYSE: POAS) (POAS)</strong>: Postponement of EGM and issuance of revised proxy materials may drive near-term governance-related volatility.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This is a Corporate Developments item centered on governance and proxy voting; such events can create short-term volatility around POAS as voting outcomes gain clarity.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>EGM rescheduled to Aug 31, 2026; potential near-term price volatility.</li><li>Record date unchanged: July 8, 2026; voting impact awaits updated proxies.</li><li>New proxy materials and form to be issued; SEC/IR disclosures forthcoming.</li><li>No business transacted at the original meeting; governance/news risk remains.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Extraordinary General Meeting postponed from Aug 18, 2026 to Aug 31, 2026.</li><li>Record date remains July 8, 2026.</li><li>Meeting will be conducted virtually; link provided in release.</li><li>Updated proxy materials to supersede original proxies; old proxies not counted.</li><li>Phaos Technology Holdings (NYSE: POAS) is the subject of the release.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term volatility around revised proxies; outcome hinges on updated proposals and shareholder reception.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">SINGAPORE, Aug.  11, 2026  (GLOBE NEWSWIRE) -- Phaos Technology Holdings (Cayman) Limited, (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/POAS">POAS</a>), (&#34;Phaos&#34; or &#34;the Company&#34;) today announced that it has postponed its extraordinary general meeting of shareholders (the &#34;Extraordinary General Meeting&#34;), which had been set for August 18, 2026 at 9:30 p.m. Singapore Time (9:30 a.m. Eastern Time). The meeting will now be held on August 31, 2026 at 9:30 p.m. Singapore Time (August 31, 2026 at 9:30 a.m. Eastern Time), and will be conducted virtually at https://edge.media-server.com/mmc/p/4cfk4utm.</p>  <p align="justify">Shareholders had previously received a notice of the Extraordinary General Meeting, a proxy statement and related voting materials (collectively, the &#34;Original Proxy Materials&#34;). The Board of Directors postponed the meeting to allow the Company to refine the wording of certain proposals and to give shareholders adequate time to consider the revised wording before voting. The meeting did not open, and no business was transacted.</p>  <p align="justify">The record date for the rescheduled Extraordinary General Meeting remains July 8, 2026. Only shareholders of record as of the close of business on that date are entitled to vote.</p>  <p align="justify">The Company will send updated meeting materials to all eligible shareholders. These will set out the date, time and venue of the rescheduled meeting, the revised proposal wording and a new form of proxy, and will also be furnished to the U.S. Securities and Exchange Commission (the &#34;SEC&#34;) and posted on the Company&#39;s investor relations website at https://ir.phaostech.com/.</p>  <p align="justify">Shareholders are encouraged to read the updated materials in full once available, as they will contain important information about the proposals to be voted on at the rescheduled meeting.</p>  <p align="justify">The updated meeting materials and new form of proxy supersede the Original Proxy Materials and the original form of proxy. Shareholders should disregard the original form of proxy and vote using the new one provided. Votes previously cast on the original form of proxy will not be counted.</p>  <p align="left">For further information about the rescheduled Extraordinary General Meeting or the updated materials, shareholders may contact the Company at <a href="https://www.globenewswire.com/Tracker?data=FB6QriAj_JH3p2trsqprpBOsKQC-07HDzf7EjrfMyArdWPBnqz17JvlfeeI9zPWV9YLbIlMkD6Zr4x2Db9Irw3IBWQ166mkhSJtYB4_utQQSerTQUdoa8InfH6SB3qxF8HP0efE96kilSMSb_uzXNEqTzSDuCqJeYSOQJhOpIKxWspNMNylByPDbcOc4ebbE" rel="nofollow" target="_blank">https://ir.phaostech.com/resources/information-request/</a>.</p>  <p align="justify"><strong>About Phaos Technology Holdings (Cayman) Limited</strong></p>  <p align="justify">Phaos Technology Holdings (Cayman) Limited is an advanced microscopy technology company. Our commitment to innovation and excellence drives us to deliver state-of-the-art microscopy products and software solutions, powered by artificial intelligence, for diverse sectors including manufacturing, biomedical, and research. Experience the difference with Phaos Technology – where innovation meets sophistication, shaping the future of optical technology. For more information, please visit www.phaostech.com.</p>  <p align="justify"><strong>Forward Looking Statements</strong></p>  <p align="justify">This news release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "expect", "estimate", "plan", "outlook", and "project" and other similar expressions that indicate future events or trends or are not statements of historical matters. These statements are based on our management’s current expectations and beliefs, as well as a number of assumptions concerning future events.</p>  <p align="justify">Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside of our control and all of which could cause actual results to differ materially from the results discussed in the forward-looking statements. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in our reports filed with the United States Securities and Exchange Commission, which are available, free of charge, on the SEC’s website at www.sec.gov.</p>  <p align="justify">For more information please contact:<br></br><strong>Company Contact:</strong><br></br>Phaos Technology Holdings (Cayman) Limited<br></br>(65) 6250 3877<br></br>ir@phaostech.com</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgwNzU1NyM3NzY5NjY3IzIyOTczMzA="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ZDRmZGE3ODgtM2NiYi00OGQyLTgwNGYtZmQzOGJiYzBmMGVlLTEzMDg4ODAtMjAyNi0wOC0xMS1lbg==/tiny/Phaos-Tech.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/f0be845e-2f30-4077-9240-ecb79383ee2a"><img src="https://ml.globenewswire.com/media/f0be845e-2f30-4077-9240-ecb79383ee2a/small/logo-png.png" border="0" width="150" height="20" alt="Primary Logo"></img></a></p>

Phaos Technology Holdings postponed its extraordinary general meeting from August 18 to August 31, 2026 to refine proposal wording. Updated proxy materials will be sent to shareholders, the SEC, and posted on the IR site, with the July 8 record date unchanged. No business occurred at the original meeting, so investors should review the revised proxies for voting implications.

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Phaos Technology Holdings (Cayman) Limited announces postponement of Extraordinary General Meeting 2026

AI summary

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Key facts

Corporate Developments