The Vanguard Group, Inc. Discloses Position in Forward Industries Inc.

The Vanguard Group, Inc. has disclosed its position concerning Forward Industries Inc., as per Form 8.3 under Rule 8.3 of the Irish Takeover Panel Act. The disclosure reveals that The Vanguard Group holds 3,532,775 ordinary shares, representing 4.79% of Forward Industries Inc.'s total securities. This reflects their notable interest, making them a major stakeholder under Irish takeover regulations.

As of July 16, 2026, the group executed a purchase of 1,355 ordinary shares at a unit price of 4.24 USD. Notably, there are no cash-settled or stock-settled derivative transactions, or other securities dealings reported. Furthermore, The Vanguard Group declared no indemnity or option arrangements related to relevant securities.

This disclosure emphasizes The Vanguard Group's significant presence in Forward Industries' shareholding, in compliance with the Irish Takeover Panel regulations.