Gilat Satellite Networks Ltd. held its Annual General Meeting of Shareholders on August 14, 2025. All proposed resolutions were adopted by the required majority. The number of directors on the Board was set at eight. Four members of the Board were re-elected, and one new member was elected. A grant of options to Dana Porter Rubinshtein was approved. The election of Hilla Haddad Chmelnik as an external director for a three-year period was approved, along with a grant of options to her. The Company's Compensation Policy for Executive Officers and Directors was amended. The grant of Performance Stock Units to the Chief Executive Officer, Mr. Adi Sfadia, was approved. The reappointment and compensation of Kost Forer Gabbay & Kasierer as independent registered public accountants for the fiscal year ending December 31, 2025, was ratified and approved.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.