BlackSky (BKSY) Proxy Filing summary

Executive summary

• Annual meeting scheduled for September 4, 2024, to be held virtually, with voting and Q&A available online.

• Key proposals include election of two directors, ratification of Deloitte & Touche LLP as auditor, and approval of a reverse stock split.

• Board recommends voting in favor of all proposals.

Voting matters and shareholder proposals

• Proposals: elect Brian O'Toole and James Tolonen as Class III directors (terms expiring 2027), ratify Deloitte & Touche LLP as auditor for 2024, and approve a reverse stock split (ratio 1-for-2 to 1-for-25, at board's discretion).

• Board recommends voting FOR all proposals.

• Only stockholders of record as of July 16, 2024, may vote; each share has one vote.

• Shareholder proposals for the 2025 meeting must be received by March 27, 2025, for proxy inclusion.

Board of directors and corporate governance

• Board consists of seven directors, five of whom are independent.

• Board is divided into three classes with staggered three-year terms.

• Board leadership structure separates chairperson and CEO roles.

• Committees: audit, compensation, and nominating/corporate governance, all with independent members.

• Non-employee directors receive annual cash retainers and equity awards; option to receive retainer in stock.