/Equities/XLON/TTM/RNS

20260714_Forward Industries Inc_8.3_BAC

RNS Number : 4716M

Bank of America Merrill Lynch

15 July 2026

FORM 8.3

IRISH TAKEOVER PANEL

OPENING POSITION DISCLOSURE/DEALING DISCLOSURE UNDER RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER

RULES, 2022 BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

1. KEY INFORMATION

(a) Full name of discloser	Bank of America Corporation
(b) Owner or controller of interests and short positions disclosed, if different from 1(a) The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates Use a separate form for each offeror/offeree	Forward Industries Inc.
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree (Note 1)
(e) Date position held/dealing undertaken For an opening position disclosure, state the latest practicable date prior to the disclosure	14/07/2026
(f) In addition to the company in 1(c) above, is the discloser also making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A"	No

2. INTERESTS AND SHORT POSITIONS

If there are interests and short positions to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2 for each additional class of relevant security.

Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

(Note 2)

Class of relevant security (Note 3)	0.01 ordinary shares
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled	1,133,657	1.537%	115,410	0.156%
(2) Cash-settled derivatives	32,817	0.045%	6,573	0.009%
(3) Stock-settled derivatives (including options) and agreements to purchase/ sell	0	0.000%	0	0.000%
Total	1,166,474	1.582%	121,983	0.165%

All interests and all short positions should be disclosed.

Details of options including rights to subscribe for new securities and any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8.

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE (Note 4)

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit (Note 5)
$0.01 ordinary shares	Purchase	20	4.540000 USD
$0.01 ordinary shares	Purchase	27	4.530000 USD
$0.01 ordinary shares	Purchase	72	4.510000 USD
$0.01 ordinary shares	Purchase	38	4.520000 USD
$0.01 ordinary shares	Purchase	18	4.500000 USD
$0.01 ordinary shares	Purchase	1	4.490000 USD
$0.01 ordinary shares	Purchase	46	4.540000 USD
$0.01 ordinary shares	Purchase	24	4.490400 USD
$0.01 ordinary shares	Purchase	9	4.495000 USD
$0.01 ordinary shares	Purchase	6	4.496200 USD
$0.01 ordinary shares	Purchase	186	4.500000 USD
$0.01 ordinary shares	Purchase	10	4.500600 USD
$0.01 ordinary shares	Purchase	13	4.501000 USD
$0.01 ordinary shares	Purchase	4	4.501100 USD
$0.01 ordinary shares	Purchase	14	4.501600 USD
$0.01 ordinary shares	Purchase	1	4.504800 USD
$0.01 ordinary shares	Purchase	1	4.504900 USD
$0.01 ordinary shares	Purchase	8	4.505000 USD
$0.01 ordinary shares	Purchase	30	4.505800 USD
$0.01 ordinary shares	Purchase	17	4.506400 USD
$0.01 ordinary shares	Purchase	7	4.507700 USD
$0.01 ordinary shares	Purchase	10	4.509900 USD
$0.01 ordinary shares	Purchase	102	4.510000 USD
$0.01 ordinary shares	Purchase	10	4.510100 USD
$0.01 ordinary shares	Purchase	1	4.511100 USD
$0.01 ordinary shares	Purchase	1	4.511300 USD
$0.01 ordinary shares	Purchase	20	4.513500 USD
$0.01 ordinary shares	Purchase	7	4.515000 USD
$0.01 ordinary shares	Purchase	1	4.516000 USD
$0.01 ordinary shares	Purchase	6	4.517700 USD
$0.01 ordinary shares	Purchase	20	4.518700 USD
$0.01 ordinary shares	Purchase	91	4.519600 USD
$0.01 ordinary shares	Purchase	100	4.520000 USD
$0.01 ordinary shares	Purchase	9	4.520100 USD
$0.01 ordinary shares	Purchase	15	4.520700 USD
$0.01 ordinary shares	Purchase	100	4.530000 USD
$0.01 ordinary shares	Purchase	23	4.534200 USD
$0.01 ordinary shares	Purchase	21	4.537200 USD
$0.01 ordinary shares	Purchase	6	4.538600 USD
$0.01 ordinary shares	Purchase	20	4.539900 USD
$0.01 ordinary shares	Purchase	300	4.540000 USD
$0.01 ordinary shares	Purchase	1	4.540200 USD
$0.01 ordinary shares	Purchase	1	4.540900 USD
$0.01 ordinary shares	Purchase	2	4.545000 USD
$0.01 ordinary shares	Purchase	4	4.549100 USD
$0.01 ordinary shares	Purchase	13	4.549300 USD
$0.01 ordinary shares	Purchase	37	4.549400 USD
$0.01 ordinary shares	Purchase	15	4.549600 USD
$0.01 ordinary shares	Purchase	773	4.550000 USD
$0.01 ordinary shares	Purchase	7	4.550300 USD
$0.01 ordinary shares	Purchase	1	4.550700 USD
$0.01 ordinary shares	Purchase	1	4.551300 USD
$0.01 ordinary shares	Purchase	10	4.551400 USD
$0.01 ordinary shares	Purchase	7	4.551600 USD
$0.01 ordinary shares	Purchase	123	4.555000 USD
$0.01 ordinary shares	Purchase	27	4.558900 USD
$0.01 ordinary shares	Purchase	15	4.559100 USD
$0.01 ordinary shares	Purchase	300	4.560000 USD
$0.01 ordinary shares	Purchase	6	4.564500 USD
$0.01 ordinary shares	Purchase	6	4.564700 USD
$0.01 ordinary shares	Purchase	5	4.565000 USD
$0.01 ordinary shares	Purchase	9	4.566600 USD
$0.01 ordinary shares	Purchase	8	4.569800 USD
$0.01 ordinary shares	Purchase	200	4.570000 USD
$0.01 ordinary shares	Purchase	6	4.574500 USD
$0.01 ordinary shares	Purchase	35	4.575000 USD
$0.01 ordinary shares	Purchase	11	4.578100 USD
$0.01 ordinary shares	Purchase	20	4.579400 USD
$0.01 ordinary shares	Purchase	100	4.580000 USD
$0.01 ordinary shares	Purchase	2	4.580100 USD
$0.01 ordinary shares	Purchase	10	4.580500 USD
$0.01 ordinary shares	Purchase	40	4.590000 USD
$0.01 ordinary shares	Purchase	23	4.591700 USD

Class of relevant security	Purchase/sale	Number of securities	Price per unit (Note 5)
$0.01 ordinary shares	Sale	36	4.330000 USD
$0.01 ordinary shares	Sale	45	4.340000 USD
$0.01 ordinary shares	Sale	46	4.310000 USD
$0.01 ordinary shares	Sale	36	4.390000 USD
$0.01 ordinary shares	Sale	27	4.290000 USD
$0.01 ordinary shares	Sale	36	4.380000 USD
$0.01 ordinary shares	Sale	36	4.400000 USD
$0.01 ordinary shares	Sale	2	4.200000 USD
$0.01 ordinary shares	Sale	56	4.260000 USD
$0.01 ordinary shares	Sale	357	4.540000 USD
$0.01 ordinary shares	Sale	111	4.530000 USD
$0.01 ordinary shares	Sale	108	4.550000 USD
$0.01 ordinary shares	Sale	12	4.515000 USD
$0.01 ordinary shares	Sale	41	4.510000 USD
$0.01 ordinary shares	Sale	240	4.520000 USD
$0.01 ordinary shares	Sale	108	4.560000 USD
$0.01 ordinary shares	Sale	36	4.570000 USD
$0.01 ordinary shares	Sale	36	4.500000 USD
$0.01 ordinary shares	Sale	72	4.490000 USD
$0.01 ordinary shares	Sale	36	4.470000 USD
$0.01 ordinary shares	Sale	2	4.420000 USD
$0.01 ordinary shares	Sale	3	4.526667 USD
$0.01 ordinary shares	Sale	9	4.515556 USD
$0.01 ordinary shares	Sale	9	4.525556 USD
$0.01 ordinary shares	Sale	797	4.540000 USD

(b) Cash-settled derivative transactions

Class of
relevant
security

Product
description
e.g. CFD

Nature of dealing
e.g. opening/ closing a long/ short position, increasing/ reducing a long/ short position

Number of
reference
securities
(Note 6)

Price
per unit
(Note 5)

USD

$0.01 ordinary shares

Swaps - Equity Swaps

Increasing a long position

4.540000 USD

(i) Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates (Note 6)	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit
N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

(ii) Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit (Note 5)
N/A	N/A	N/A	N/A	N/A

(d) Other dealings (including transactions in respect of new securities) (Note 3)

Class of relevant security	Nature of dealing e.g. subscription, conversion, exercise	Details	Price per unit (if applicable) (Note 5)
$0.01 ordinary shares	Borrow from PB	Return of Borrow of 19,531 shares	4.54 USD
$0.01 ordinary shares	Borrow from PB	Return of Borrow of 694 shares	4.11 USD

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer.

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

(b) Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.

Is a Supplemental Form 8 attached?

Date of disclosure	15/07/2026
Contact name	Kamil Dziedzic
Telephone number	+353 86 168 4821

Public disclosures under Rule 8.3 of the Rules must be made to a Regulatory Information Service.

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END

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Date	15 Jul 2026
Time	11:12:17
Category	Miscellaneous
ID	4716M

Date	15 Jul 2026
Time	11:12:17
Category	Miscellaneous
ID	4716M

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20260714_Forward Industries Inc_8.3_BAC