Group 1 - Approval of the reorganization by merger of AB Utenos Trikotažas and AB Utenoswear, with the latter ceasing to exist as a legal entity after the merger [1] - Approval of the Reorganization Terms, prepared on April 30, 2025, and registered on May 22, 2025 [2] - Amendment and approval of the Company's Articles of Association to reflect the changes post-reorganization [3] Group 2 - Granting powers to the General Director to implement the terms of the Reorganization, including representation in legal matters and signing the new Articles of Association [4]

Core Points - Approximately 99% of the shares voted have been in favor of the Reorganization Proposal, but additional shares are needed to secure the necessary approval [1][2] - The Annual Meeting will reconvene on July 24, 2025, to continue discussions regarding the Reorganization and other matters [1][2] - The Board of Directors emphasizes the importance of voting "FOR" the Reorganization to protect the value of stockholders' investments [4][5] Voting Information - Stockholders who have already voted do not need to take further action, and their previous proxy cards remain valid [3] - The new electronic voting deadline is set for 11:59 p.m. Eastern Time on July 23, 2025 [6] - Stockholders can vote online or by telephone using the instructions provided in the previously distributed proxy materials [6] Company Overview - ContextLogic Inc. is focused on developing a new business model and financing potential acquisitions that complement its operations [8]