Telesat Announces Results of 2024 Annual General and Special Meeting of Shareholders

OTTAWA, CANADA – June 20, 2024 – Telesat Corporation (NASDAQ and TSX: TSAT) (“Telesat” or the “Company”), one of the world’s largest and most innovative satellite operators, announced the voting results from its annual meeting of shareholders held June 18, 2024 virtually via live audio webcast.

Shareholders of Telesat voted in favour of all items of business, including the appointment of Deloitte LLP Chartered Professional Accountants as auditors of the Company, the amendment to the Company’s Omnibus Plan to increase the number of Class A Common Shares and Class B Variable Voting Shares available for issuance under the Omnibus Plan and the election of each of the director nominees as follows:

Director Nominee

Votes For

Votes Withheld
  1. Michael Boychuk 

46,931,389

3,845,516
  1. Jane Craighead  

43,711,535

7,069,540
  1. Richard Fadden

46,927,929

3,849,006
  1. Daniel S. Goldberg

49,459,604

1,317,331
  1. Henry (Hank) Intven

43,821,781

6,963,294
  1. David Morin

46,254,162

4,552,773
  1. Dr. Mark H. Rachesky 

42,908,885

7,872,690
  1. Guthrie Stewart

43,155,412

7,626,163
  1. Michael B. Targoff

46,166,072

4,610,863
  1. Janet Yeung

45,481,535

5,261,184

Final voting results on all matters voted on at the meeting will be filed on SEDAR+ at https://www.sedarplus.com/ and on EDGAR at https://www.sec.gov/