AST SpaceMobile has amended its Stockholders' Agreement on June 5, 2024, granting AT&T the right to nominate a representative to serve as either a non-voting observer or a director on the company's board. This amendment fulfills a commitment made during the sale of convertible notes to AT&T, Google, and Vodafone in January 2024.The amended agreement also accommodates the transfer of shares from Invesat LLC to its affiliate, Antares Technologies LLC, by adding Antares as a party. Additionally, it streamlines the process for blocker merger transactions as outlined in the company's Operating Agreement.Corresponding changes were made to the Registration Rights Agreement on June 4, 2024. These amendments reflect AST SpaceMobile's efforts to align its governance structure with recent strategic investments and ownership changes, potentially impacting the company's decision-making processes and investor relations.

AST SpaceMobile has amended its Stockholders' Agreement on June 5, 2024, granting AT&T the right to nominate a representative to serve as either a non-voting observer or a director on the company's board. This amendment fulfills a commitment made during the sale of convertible notes to AT&T, Google, and Vodafone in January 2024.The amended agreement also accommodates the transfer of shares from Invesat LLC to its affiliate, Antares Technologies LLC, by adding Antares as a party. Additionally, it streamlines the process for blocker merger transactions as outlined in the company's Operating Agreement.Corresponding changes were made to the Registration Rights Agreement on June 4, 2024. These amendments reflect AST SpaceMobile's efforts to align its governance structure with recent strategic investments and ownership changes, potentially impacting the company's decision-making processes and investor relations.