Toby Neugebauer's Upcoming Presentation on Fermi's Maximizing Shareholder Value Strategy

Upcoming Presentation on Fermi's Value Maximization Objectives

Toby Neugebauer, co-founder and the largest shareholder of Fermi Inc., is set to host a significant webinar aimed at outlining a clear 75-day plan designed to maximize value for all shareholders of the company. The presentation is scheduled for Thursday, May 21, 2026, at 4:00 PM CT (5:00 PM ET / 10:00 PM BST). This timely event is open to both shareholders and interested parties, providing an opportunity for them to gain insights into the strategic direction of Fermi.

Neugebauer expressed that the Fermi project, dubbed 'Project Matador', holds immense potential yet the current share price does not reflect the true value that has been cultivated over the past year. He indicated that shareholders should be fully aware of the various pathways available to enhance value, emphasizing that the company's present cost of capital necessitates a dual-path strategy that might involve either a full-market-value sale or a strategic partnership. Neugebauer elaborated, "The most suitable partners would likely possess a lower cost of capital while bringing expertise and experience crucial for constructing a project of this scale, alongside having direct customer ties or interests."

In conjunction with the presentation, Neugebauer plans to unveil a slate of highly qualified independent board director candidates. This proposed new majority, which would include former Fermi CFO Miles Everson and Chief Power Officer Larry Kellerman, aims to ensure that shareholder interests are safeguarded while pursuing all possible value-maximizing opportunities for the company. Neugebauer stated, "It's imperative that the owners of Fermi have a say in its future."

For those interested in attending the webinar, registration can be completed at this link.

Important Information

In related news, Neugebauer alongside his affiliates, intends to file a definitive proxy statement with the SEC regarding a special meeting of shareholders, anticipated to occur around June 30, 2026. Shareholders are strongly encouraged to review the key materials, including the definitive proxy statement and accompanying GREEN proxy card, as they contain essential information. These materials will soon be available on the SEC's official website at www.sec.gov.

As of now, Neugebauer beneficially owns over 139 million shares of the company's common stock, alongside significant holdings from his affiliated entities.

This upcoming presentation by Toby Neugebauer signifies a pivotal moment for Fermi shareholders, aiming to clarify the strategic options available for maximizing their investment. The focus on strong governance and active engagement of stakeholders will be crucial during this period, as the company positions itself for future growth and stability.