Angel Studios (ANGX) Proxy filing summary

Executive summary

• The annual meeting will be held virtually on May 21, 2026, with voting available online, by mail, or mobile device.

• Stockholders will vote on electing five directors and ratifying the appointment of Tanner LLP as the independent auditor for 2026.

• Only stockholders of record as of March 23, 2026, are entitled to vote; Class A shares have one vote each, Class B shares have ten votes each.

• Proxy materials are primarily distributed via Internet to reduce costs and environmental impact.

Voting matters and shareholder proposals

• Proposals include electing five directors and ratifying Tanner LLP as auditor for 2026.

• Board recommends voting FOR all director nominees and FOR auditor ratification.

• Majority vote required for approval; abstentions count as votes against.

• Procedures for submitting shareholder proposals and director nominations for the 2027 meeting are detailed, with specific deadlines.

Board of directors and corporate governance

• Board will be reduced from seven to five members after the meeting, with a majority being independent.

• Biographical details provided for all nominees, highlighting diverse expertise in finance, technology, and governance.

• Board committees (Audit, Compensation, Nominating/Governance) are composed entirely of independent directors.

• Corporate governance guidelines and a code of business conduct are in place and available online.

• Proxy access allows groups of up to 20 stockholders holding 3%+ for three years to nominate directors.