A Message to BOXABL Shareholders: Progress, Plans, and the Path Forward

BOXABL sincerely thanks every shareholder for their ongoing support and belief in the Company’s mission. The journey toward transforming the housing industry is ambitious and complex—marked by meaningful achievements and challenges. Shareholders remain at the heart of this journey, providing the momentum needed to innovate and scale. With great appreciation, BOXABL shares key updates and milestones reached in recent months.

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Empowering Local Impact: Dealer & Installer Program Launch

To better serve customers and streamline the delivery and installation process of its modular homes, BOXABL officially launched its Dealer & Installer Program in July 2024. This initiative enables authorized dealers to assist customers with critical logistics, ranging from permitting and site preparation to shipping coordination and final installation.

“By empowering a network of regional experts, BOXABL ensures customers receive comprehensive, localized support when making one of life’s most important investments—purchasing a home,” said a company spokesperson.

The program also creates opportunities for small businesses and contractors nationwide, expanding BOXABL’s operational footprint while simultaneously improving the end-to-end customer experience.

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Strengthening Market Position: Product Approvals in California and Nevada

A major milestone was achieved recently as BOXABL secured Statewide Modular approvals for the Casita product line in California and Nevada. These approvals serve as both regulatory validation and a springboard for broader adoption of BOXABL’s modular housing solutions in two of the most housing-strained markets in the country.

With these approvals in place, BOXABL is actively working to connect long-time followers and potential customers with authorized dealers, helping to streamline the process of transitioning from interest to ownership. These new regulatory endorsements also affirm the company’s commitment to rigorous quality standards and long-term scalability.

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Strategic Expansion: Entering Phase Two

BOXABL is now entering Phase Two of its strategic growth plan. This phase is focused on product line diversification and technology refinement to address broader market segments and increase customer adoption rates.

Phase Two will include:

• Expansion into multi-family and commercial modular buildings.

• Continued research into sustainable materials and production automation.

• Integration of customer feedback into design and layout enhancements.

“The next stage of growth is about meeting people where they are—whether they need an affordable starter home, disaster relief housing, or scalable multifamily solutions,” said a member of BOXABL’s leadership team.

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Evolution of the Product Line

BOXABL’s product development strategy is rooted in adaptability, efficiency, and modern aesthetics. The current offerings are designed to meet a range of use cases while maintaining affordability and environmental responsibility.

Here’s a closer look at the evolving product portfolio:

• Casita: The flagship studio-style home that catalyzed BOXABL’s reputation. Compact, stylish, and functional, the Casita is currently available for shipping in 16 states, including California, Arizona, and Connecticut. Its rapid deployment capability makes it an ideal solution for urban infill and accessory dwelling units (ADUs).

• Casita 1–2 Bed (California only): This expanded version of the original Casita offers increased flexibility for small families or individuals seeking additional space. Currently undergoing limited rollout in California, this unit is ideal for both urban and suburban installations.

• Baby Box: A highly compact and ultra-efficient unit tailored for minimalistic living or dense urban areas. With production anticipated in late 2025, the Baby Box is expected to meet the growing demand for affordable micro-housing.

• Larger Buildings: Designed for commercial developers and institutions, this offering supports multi-family housing and office use. Orders of 50+ units are being accepted, and research and development is ongoing to ensure scalability and code compliance.

• Sanctuary (in R&D): A forward-looking concept that focuses on serenity, sustainability, and resilience. Ideal for off-grid living, disaster relief, and eco-conscious buyers, Sanctuary represents BOXABL’s vision for humanitarian housing innovation.

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Transparency and Financial Growth: Annual Report Now Available

To maintain transparency with shareholders and stakeholders, BOXABL has released its latest Annual Report (10-K) on the official EDGAR database. This report includes audited financial statements for 2024, an overview of operational progress, and insight into strategic planning for 2025 and beyond.

Shareholders are encouraged to review the full report to gain a deeper understanding of BOXABL’s financial health and long-term roadmap. View the report on EDGAR here.

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Mission-Driven Momentum: Innovating for Housing Affordability

At the core of BOXABL’s mission is the pursuit of housing affordability and accessibility. By leveraging modern manufacturing processes, automation, and scalable modular construction, the Company is working to solve some of the most pressing challenges in the housing market.

Shareholder support has played a vital role in enabling BOXABL to:

• Scale operations and expand its workforce.

• Innovate its factory-built housing solutions.

• Establish new partnerships and dealer networks across the U.S.

• Prepare for international market expansion.

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Next Steps for Shareholders and Supporters

To stay engaged and contribute to BOXABL’s continued success, shareholders and community members can take the following steps:

1. Explore the Annual Report
   Visit the EDGAR website to review BOXABL’s 10-K filing and understand the company’s recent progress and plans.

2. Connect with a Dealer
   Interested in placing an order or recommending BOXABL to others? Reach out to a local authorized dealer for personalized assistance.

3. Share the Vision
   Spread the word about BOXABL’s mission by sharing updates on social media, referring potential customers, or hosting a Casita open house.

4. Stay Informed
   Subscribe to the BOXABL newsletter or follow the company on LinkedIn, YouTube, and X (formerly Twitter) for real-time updates.

5. Ask Questions
   The investor relations team is available to address shareholder inquiries and provide additional resources as needed.