Bakkt (BKKT) AGM 2025 summary

Opening remarks and agenda

• Meeting reconvened after prior adjournment, with Sean Collins presiding and contingency plans for chair succession outlined.

• Management, board members, independent accountants, and inspector of election introduced.

• Agenda included voting on six proposals as described in the proxy statement, followed by a Q&A session and announcement of preliminary voting results.

Board and executive committee updates

• Nominees for Class I directors presented for election to serve three-year terms.

Shareholder proposals

• Six proposals presented: election of directors, amendment to incentive plan, officer exculpation, increase in authorized shares, executive compensation, and frequency of advisory votes on compensation.

• Proposals 3 and 4, both amendments to the Certificate of Incorporation, were independent of each other.