GSAT · Globalstar, Inc.

The 2026 Annual Meeting reflects routine corporate governance actions, but vote metrics reveal nuanced investor sentiment. While all proposals passed, the differential support for the two director nominees—Taylor receiving ~4.7M more 'For' votes than Lynch—suggests varying levels of confidence in individual board candidates. The ratification of Ernst & Young LLP faced minimal opposition (0.5% Against), affirming auditor continuity without controversy. The advisory say-on-pay vote garnered strong majority support (96.4% of votes cast in favor), yet the 3.7M 'Against' votes represent a notable dissent cohort—potentially signaling concerns about executive pay alignment or performance. Broker non-votes affected only the director election and say-on-pay proposals (14.0M shares), consistent with NYSE rules limiting broker discretion on non-routine matters; this underscores that full participation required direct instruction from beneficial owners. No changes to board composition, audit firm, or compensation policy were disclosed beyond the routine approvals.