Recrusul board calls shareholder vote on 1-for-4 reverse stock split

• Recrusul directors met Aug. 19, 2026 to set up an extraordinary shareholder meeting focused on a share consolidation.
• The board moved to propose a 4-for-1 reverse split for all common shares and a separate 4-for-1 reverse split for preferred shares.
• Plan keeps stated share capital unchanged despite the reduced share count.
• Directors also advanced amendments to Article 5 and a consolidated bylaws update, subject to shareholder approval, authorizing management to execute.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Recrusul SA published the original content used to generate this news brief on August 20, 2026, and is solely responsible for the information contained therein.