<div id="readability-page-1"><div>Encourages All Stockholders to Vote on the BLUE Proxy Card Ahead of the Company's Annual MeetingNEW YORK, NY / ACCESS Newswire / June 27, 2025 / Hesham &#34;Sham&#34; Gad, who beneficially owns approximately 28.2% of the outstanding shares of common stock of Paragon Technologies, Inc. (&#34;Paragon&#34; or the &#34;Company&#34;) (OTC PINK:PGNT) and is Paragon's largest stockholder, today issued a statement regarding the incumbent directors' latest, desperate attempt to avoid accountability and mislead stockholders ahead of the Company's upcoming 2025 Annual Meeting:&#34;This morning, less than one business day before the Company's Annual Meeting, I was informed that the incumbent directors wanted to immediately dispense with over $500,000 of the Company's cash to purchase insurance. The urgency and timing of this decision raise serious concerns. Think about this: why would directors - who own little equity and may not be elected at the Annual Meeting on Monday - call an immediate board meeting to cause Paragon to spend this much shareholder money? This latest move appears to follow a troubling pattern. From implementing a poison pill and issuing stock grants, to now spending hundreds of thousands of shareholder dollars on a last-minute policy, the actions of this Board increasingly seem aimed at shielding themselves rather than serving the long-term interests of Paragon and its owners.Our shareholders know better - this is not about them, but simply another effort, to benefit these directors at shareholder expense. It is disappointing, though not surprising, to see the current Board of Paragon once again resort to misinformation and personal attacks to avoid accountability. To be clear, I have never objected to the Company having reasonable D&amp;O insurance policies, and in fact, we have had sufficient coverage for years evidenced by the simple fact that for over a decade Paragon has NEVER had single D&amp;O claim under my leadership. What has changed is not the Company's exposure, but the risks introduced by the behavior of this Board. On the other hand, as a significant stockholder, I care very deeply about protecting the Company from BOTH risk and wasteful spending - two elements this Board has exposed the Company to in spades.The Board in hastily approving this self-serving purchase disregarded the Company's own governing documents, our settlement agreement, and potentially their fiduciary duties. In doing so, they continue to validate why they are so out of touch with Paragon shareholders. As such, it was vital I advised them of their violations and potential liability exposure.This Board has used substantial Company resources first to entrench themselves, then to defend that entrenchment, and now, just days before the Annual Meeting, to attempt to insulate themselves from the consequences of their poor leadership. As we approach the Annual Meeting, this episode highlights exactly why change is needed. We need leadership that focuses on transparency, fiscal responsibility, and long-term value - not self-preservation.We encourage our fellow stockholders to continue voting on the BLUE card for a slate of directors that values transparency, progress and fulfilling its obligation to act in the best interest of stockholders.We thank you for your consideration and support to date. Let's work together to build something stronger - for today and for the future.&#34;PLEASE VOTE YOUR BLUE PROXY CARD TODAY. Further information and resources in connection with Mr. Gad's campaign for change, accountability and a stockholder-first culture at Paragon are available at www.saratogaproxy.com/PGNT.For inquiries, please reach out to the address below: hmgad78@gmail.comSaratoga Proxy Consulting LLC John Ferguson (212) 257-1311/(888) 368-0379 info@saratogaproxy.comSOURCE: Sham GadView the original press release on ACCESS Newswire <img src="https://imageproxy.pbkrs.com/https://app.accessnewswire.com/img.ashx/query-aWQ9MTA0NDAzOQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://app.accessnewswire.com/img.ashx/query-aWQ9MTA0NDAzOQ"/></div></div>

Paragon Technologies, Inc. 的最大股东 Hesham "Sham" Gad 呼吁股东在 2025 年年度会议之前投票支持蓝色代理卡。他批评现任董事最近决定花费超过 50 万美元用于保险，认为这更符合他们自身的利益，而非股东的利益。Gad 强调需要一个关注透明度和财政责任的领导层，指出董事会的行为是自私的，对公司的长期价值造成了损害。他鼓励股东支持一组新的董事候选人，承诺对股东负责并关注股东利益

加德先生被迫再次在 Paragon 28 澄清事实——希望这是最后一次