On July 1, 2024, Pineapple Energy Inc announced that it convened and then adjourned its 2024 annual meeting of shareholders. A total of 108,546,773 shares of the Company's common stock were eligible to vote at the annual meeting, and 49,447,703 shares of common stock, or approximately 45.6% of the shares of common stock eligible to vote, were represented either virtually or by proxy. Under the Company's bylaws, a quorum requires a majority of the shares of common stock outstanding and eligible to vote at the annual meeting, which is 54,273,387 shares of common stock.

As a result, a quorum was not achieved for the annual meeting. One share of the Company's Series B Preferred Stock was also represented at the annual meeting, but it does not count for purposes of establishing quorum. Additionally, the Company stated that as announced at the annual meeting, the annual meeting was adjourned to Friday, July 19, at 10:00 a.m. Central Time via live webcast at www.virtualshareholdermeeting.com/PEGY2024.