Proxy Statement

AST SpaceMobile held its 2022 annual meeting of stockholders on September 15, 2022, to elect ten directors and ratify KPMG LLP as the independent auditor. Founder and CEO Abel Avellan controls approximately 88.3% of voting power through Class C shares and dominates board composition with seven designated seats, while strategic investors including Rakuten, Vodafone, American Tower, and Invesat each hold nomination rights tied to their ownership stakes. The company operates as a controlled company under Nasdaq rules, exempting it from certain corporate governance requirements, and is pursuing commercial partnerships with major telecommunications carriers while advancing its satellite-based mobile service technology.