Vanguard's Position in Forward Industries Inc. Revealed

The Vanguard Group, Inc. recently submitted Form 8.3, revealing its stake in Forward Industries Inc. Under the Irish Takeover Panel Act, this disclosure entails Vanguard's position in Forward Industries' securities. As of July 1, 2026, Vanguard holds 3,538,727 ordinary shares, equal to a 4.80% stake in the company. This disclosure complies with Takeover Rules of 2022, mandated for entities possessing 1% or more of relevant securities in a target company.

The disclosed shares are valued at $0.01 each. Apart from this ownership, no cash-settled or stock-settled derivatives, such as options or agreements to purchase or sell, were reported in connection with Forward Industries. Vanguard made a recent purchase of 812 shares at a price of $4.70 per unit, consolidating its position.