Spire Global (SPIR) Proxy filing summary

Executive summary

• Completed divestiture of maritime business, eliminating all debt and strengthening the balance sheet.

• Achieved technical milestones: six satellite launches, advanced RFGL, AI-driven weather models, and two-way laser satellite communication.

• Secured major contracts with NOAA, EUMETSAT, and Deloitte, and selected for the Missile Defense Agency SHIELD IDIQ contract.

• Leadership changes: new CEO appointed in January 2025, founder transitioned to Executive Chairman; two new directors joined the board.

• Appointed KPMG LLP as new independent auditor for fiscal year 2025 after PwC's resignation.

Voting matters and shareholder proposals

• Election of two Class II directors (William Porteous and Toni Rinow) to serve until 2029.

• Advisory vote on frequency of future say-on-pay votes, with board recommending annual votes.

• Advisory vote to approve executive compensation.

• Ratification of KPMG LLP as independent auditor for 2026.

Board of directors and corporate governance

• Board consists of eight members, six of whom are independent under NYSE standards.

• Classified board structure with staggered three-year terms.

• Lead independent director role held by William Porteous; strong committee system with only independent directors on key committees.

• Board and committees met regularly in 2025, with high attendance.

• Corporate Governance Guidelines and Code of Business Conduct and Ethics in place.