GameStop (GME) investor relations material

Executive summary

• The annual meeting will be held virtually, with five directors up for election and several key proposals on the agenda, including a significant CEO performance award and an amendment to increase authorized shares.

• The CEO, Ryan Cohen, receives no salary, cash bonus, or time-vested stock; his compensation is entirely performance-based, tied to ambitious market capitalization and EBITDA targets.

• The Board seeks approval to increase authorized shares to 2.5 billion, emphasizing flexibility for future strategic actions.

• The company highlights operational improvements, a strengthened balance sheet, and a return to profitability as foundations for future growth.

Voting matters and shareholder proposals

• Proposals include electing five directors, an advisory vote on executive compensation, ratification of KPMG as auditor, approval of the CEO Performance Award, and approval of an amendment to increase authorized shares.

• The Board recommends voting in favor of all proposals.

• Shareholders of record as of the specified date are entitled to vote, with multiple voting methods available.

Board of directors and corporate governance

• The Board consists of five nominees with diverse backgrounds in leadership, finance, retail, and technology.

• Three standing committees: Audit, Compensation, and Nominating & Corporate Governance, all composed of independent directors except for the CEO and one non-independent director due to a commercial relationship.

• The Board has adopted codes of ethics, clawback, equity ownership, insider trading, pledging, and anti-hedging policies.

• Directors receive no compensation except for appreciation in their own stock holdings.