Airship AI (AISP) Proxy Filing summary

Executive summary

• The 2024 Annual Meeting will be held virtually on December 13, 2024, allowing shareholders to attend, vote, and ask questions online, with a focus on accessibility and participation.

• Shareholders of record as of November 4, 2024, are eligible to vote on the election of five directors and the ratification of the independent auditor.

• Proxy materials, including the annual report and voting instructions, are available online, and shareholders are encouraged to vote electronically or by mail.

Voting matters and shareholder proposals

• Shareholders will vote on electing five directors to serve until the 2025 annual meeting.

• Ratification of BPM LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024, is on the agenda.

• Other business may be transacted as properly brought before the meeting.

• Shareholder proposals for the 2025 meeting must be received by July 16, 2025, to be considered for inclusion in next year’s proxy materials.

Board of directors and corporate governance

• The board consists of five directors, with three considered independent under Nasdaq rules.

• The company qualifies as a "controlled company" under Nasdaq rules, allowing certain governance exemptions due to majority ownership by founders.

• Board committees include audit, compensation, and nominating/corporate governance, each with defined charters and responsibilities.

• Directors are expected to attend annual meetings, and all attended at least 75% of meetings in the last fiscal year.