Reported November 2, 2026: Churchill Capital XI Shareholders Approve Agility Robotics Merger; Business Combination Expected To Raise $465.1M And Nasdaq Trading Under 'AGLT' To Begin November 5

As previously announced, on June 24, 2026, Churchill Capital Corp XI, a Cayman Islands exempted company ("Churchill"), entered into an Agreement and Plan of Merger and Reorganization (the "Merger Agreement"), by and among Churchill, BLB Merger Sub, Inc., a Delaware corporation and direct, wholly-owned subsidiary of Churchill, and Agility Robotics, Inc., a Delaware corporation ("Agility"). Pursuant to the Merger Agreement, the parties have agreed to consummate certain transactions (collectively, the "Business Combination"), subject to the terms and conditions of the Merger Agreement.

On September 4, 2026, in connection with the Business Combination, Churchill and Agility jointly filed with the U.S. Securities and Exchange Commission (the "SEC") a registration statement on Form S-4 (No. 333-298781) (as amended from time to time, the "Registration Statement") containing a proxy statement/prospectus (such proxy statement/prospectus in definitive form, the "Proxy Statement"), which Registration Statement was declared effective by the SEC on October 13, 2026, and Churchill commenced mailing the Proxy Statement on October 13, 2026.

On November 2, 2026, Churchill held an extraordinary general meeting of its shareholders (the "Shareholder Meeting"), at which holders of 11,226,951 Class A ordinary shares and 13,800,000 Class B ordinary shares (collectively, the "Ordinary Shares") as of September 14, 2026, the record date for the Shareholder Meeting, were present in person, virtually over the internet or by proxy, representing approximately 44.93% of the voting power of the Ordinary Shares as of the record date, and constituting a quorum for the transaction of business at the Shareholder Meeting. The proposals listed below are described in more detail in the Proxy Statement.