Clean Energy Technologies board approves 1-for-15 reverse stock split

Clean Energy Technologies (CETY)’ Board of Directors on September 19, 2025, approved a 1-for-15 reverse stock split of the Company’s issued and outstanding shares of common stock, par value $0.001 per share, accompanied by a corresponding decrease in the Company’s authorized shares of common stock, such that, following the consummation of the Reverse Stock Split, the number of authorized shares of common stock will be reduced from 2,000,000,000 to 133,333,333. The reverse stock split is anticipated to be effective as of the open of the market on October 6, 2025. As a result of the Reverse Stock Split, every 15 pre-split shares of Company common stock outstanding will automatically combine into one new share of common stock without any action on the part of the holders, and the number of outstanding common shares will be reduced from approximately 69.7 million shares to approximately 4.65 million shares on a pro forma basis. Fractional shares resulting from the Reverse Stock Split will be rounded up to the nearest whole share on a per shareholder basis. The Reverse Stock Split will not affect the par value of the Company’s common stock.