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MDA Space Annual General Meeting 2025 Results

On May 8, 2025, MDA Space (TSX: MDA) hosted its Annual General Meeting (AGM) virtually, where key decisions regarding the company's governance and operational strategies were finalized. A total of 84,928,894 common shares, accounting for approximately 69.22% of all issued shares, were represented during this important meeting, indicating a strong shareholder engagement in MDA's direction.

Election of Directors

A significant highlight of the AGM was the election of directors to the MDA Space Board. The Board had determined that nine directors would be elected, and following the voting process, all nominated candidates received overwhelming support:

• - Alison Alfers: 77,905,275 votes (97.96%) in favor
• - Yaprak Baltacioglu: 79,136,747 votes (99.51%) in favor
• - Darren Farber: 79,518,237 votes (99.99%) in favor
• - Michael Greenley: 79,520,715 votes (99.99%) in favor
• - Brendan Paddick: 79,517,254 votes (99.99%) in favor
• - John Risley: 71,311,095 votes (89.67%) in favor
• - Jill Smith: 78,347,880 votes (98.52%) in favor
• - Karl Smith: 79,519,878 votes (99.99%) in favor
• - Yung Wu: 78,162,106 votes (98.28%) in favor

The continued confidence demonstrated in these leaders illustrates shareholders' commitment to a robust governance framework at MDA Space. These directors will serve until the next annual meeting or until their successors are appointed.

Appointment of Auditor

The AGM also saw the appointment of KPMG LLP as MDA Space's independent auditor, a role they will maintain until the next annual meeting. This decision received broad approval, with 99.97% voting in favor and only 0.03% against. This reflects confidence in KPMG's ability to oversee the financial integrity of MDA Space.

Executive Compensation Advisory Vote

Furthermore, shareholders were asked to cast an advisory vote regarding the company's executive compensation approach, with 93.24% approving the proposed measures. This high percentage of favorable responses indicates that shareholders are largely satisfied with how MDA Space compensates its leadership, suggesting alignment between executive incentives and shareholder interests.

About MDA Space

MDA Space is established as a trusted mission partner in the global space sector, celebrated for its pioneering efforts in robotics, satellite systems, and geointelligence over more than 55 years. The company's involvement in over 450 missions has positioned it as a leader in various arenas including communication satellites and space exploration. MDA Space employs over 3,400 experts across Canada, the US, and the UK, converting audacious visions into tangible missions. Their commitment to innovation and excellence ensures they remain at the forefront of industry advancements.

For further information on MDA Space and its exciting projects, visit mda.space.