Shareholders approve reverse stock split (1:10 to 1:25) and proportional authorized share reduction

Globalstar, Inc.

Holders of ~58% of shares (1,099,945,953 shares) approved charter amendments via written consent.
Reverse split ratio to be set by CEO/CFO between 1-for-10 and 1-for-25, at Board's discretion.
Authorized shares (currently 2.15B) will be reduced proportionally only if reverse split is executed.
Amendments must be implemented no earlier than 20 days after Schedule 14C mailing and by Dec 17, 2025.

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