BigBear.ai (BBAI) EGM 2025 summary

Opening remarks and agenda

• Meeting reconvened virtually after adjournment on March 31, 2025, due to lack of quorum.

• Rules of conduct for the virtual meeting were outlined to ensure order.

• The meeting was officially called to order at 2:00 P.M. Eastern Time on April 11, 2025.

Specific resolutions to be voted on

• Proposal 1: Approve issuance of common stock upon conversion of 6% convertible senior secured notes due 2029 and for interest payments in stock.

• Proposal 2: Approve adjournment of the meeting if more time is needed to solicit additional proxies for Proposal 1.

Corporate governance

• Inspector of elections appointed and sworn in to ensure impartial vote tabulation.

• Record date for voting set as February 28, 2025, with notice distributed to all eligible stockholders.

• Quorum established with at least 33.33% of voting power present.