Exela Technologies Announces Adjournment of Annual Meeting until January 26, 2024

IRVING, Texas, Dec. 29, 2023 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA; XELAP), a business process automation leader, today announced that it adjourned the Annual Meeting of Stockholders held on December 29, 2023 (the "Meeting"). The Meeting will reconvene on Friday, January 26, 2024 at 11:00 AM ET/10:00 a.m. Central Time. Due to lack of required quorum, the Meeting was adjourned, without any business being conducted, to allow additional time for the Company’s stockholders to vote on the proposals set forth in the Company’s definitive proxy statement, as amended, filed with the U.S. Securities and Exchange Commission. The new date will provide additional time for shareholders to have their voices heard. The Meeting will be held online at www.virtualshareholdermeeting.com/XELA2023.

The Company urges all stockholders to exercise their right to vote their shares by proxy TODAY. A proxy card with instructions was mailed to all registered stockholders holding shares as of the close of business on October 9, 2023, the record date for the Meeting. The methods for voting and submitting proxies are described in the previously distributed proxy materials for the Meeting. Stockholders of the Company who previously submitted their proxy or otherwise voted and who do not want to change their vote do not need to take any action. No changes have been made in the proposals to be voted on by stockholders at the Meeting. Proxy information is here: https://www.sec.gov/Archives/edgar/data/1620179/000110465923111798/tm2 ....

The Company asks that all stockholders vote their proxy, no matter how many shares they own. Each stockholder can vote his or her proxy by following the easy instructions on the proxy card.

If you hold shares at Robinhood, look for an alert in your Robinhood app or online. For most other shareholders, look for an email from proxyvote.com.

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