NIP Group (NASDAQ:NIPG) shareholders approved three resolutions at an Extraordinary General Meeting, with each proposal receiving the required majority following a poll vote.
Mario Ho, the company’s co-chief executive officer and chairman of the board, chaired the meeting. He said the meeting notice had been properly distributed to shareholders on or about Sept. 14, 2026, and that shareholders of record as of the close of business on Sept. 17, 2026, Eastern Time, were eligible to vote.
According to Ho, the company had 431,520,600 Class A ordinary shares and 83,081,001 Class B ordinary shares entitled to vote as of the record date. At the meeting, shareholders representing 10,271,017 Class A ordinary shares and all 83,081,001 Class B ordinary shares were represented in person, through authorized representatives or by proxy.
Those represented shares accounted for approximately 79.87% of the company’s outstanding voting power eligible to vote at the meeting, establishing a quorum under NIP Group’s articles of association, Ho said.
Three Proposals Approved
The first two resolutions were presented as special resolutions, while the third was presented as an ordinary resolution. The transcript did not specify the subject matter or terms of the three resolutions.
Each proposal was voted on by poll. Hicham Chahine, a NIP Group director and shareholder, confirmed votes in favor of the resolutions for himself and as authorized representative of DIGLIFE AS. A representative of Seventh Hokage Management Limited also confirmed its vote during the proceedings.
- Resolution One: All 83,081,001 Class B ordinary shares voted in favor. Among Class A ordinary shares, 10,249,717 voted in favor and 21,300 voted against, with no abstentions.
- Resolution Two: All 83,081,001 Class B ordinary shares voted in favor. Among Class A ordinary shares, 10,251,877 voted in favor, 19,080 voted against and 60 abstained.
- Resolution Three: All 83,081,001 Class B ordinary shares voted in favor. Among Class A ordinary shares, 10,261,417 voted in favor and 9,600 voted against, with no abstentions.
Proxy Results and Meeting Attendance
Before the final poll results were announced, the company reported preliminary proxy results showing strong support for each resolution. Resolution One received 28,345,141 votes in favor and 21,300 against. Resolution Two received 28,347,301 votes in favor, 19,080 against and 60 abstentions. Resolution Three received 28,356,841 votes in favor and 9,600 against.
Ho said open proxies in favor of the chair at the time of the meeting would be voted in favor of each applicable resolution.
In addition to Chahine and DIGLIFE AS, Ho identified XiaoT Sun Holdings Limited, Aisha Zhou Holdings Limited, Ray Xi Holdings Limited, Danny Yu Holdings Limited, Oscar Gu Holdings Limited, Starnex World Limited and City Nominees Limited as present through one or more proxies.
After a brief adjournment to aggregate poll slips and proxy cards, Ho declared that all three resolutions had been carried by the necessary majority. He then closed the Extraordinary General Meeting on behalf of the board.
About NIP Group (NASDAQ:NIPG)
NIP Group Inc is a global digital entertainment and esports company operating through the Ninjas in Pyjamas and ESV5 brands. The company manages professional esports teams that compete in major video game titles and works with players, creators and other gaming talent.
In addition to team operations, NIP Group provides esports-related services such as content production, event and tournament activities, brand partnerships, sponsorship programs and merchandise. Its business is designed to connect gaming audiences with advertisers, game publishers and entertainment partners across international markets.
Ninjas in Pyjamas is a longstanding esports organization with roots in competitive Counter-Strike, while ESV5 has a presence in China’s gaming and esports industry.
