Global Ship Lease Announces Result of Reconvened Shareholder Meeting

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Feb 02, 2023

LONDON, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company”) announced that today its 2022 Annual Meeting of Shareholders was reconvened for a second time (the “Meeting”) for the sole purpose of voting on one outstanding proposal - to approve the adoption of an amendment to the Company’s Amended and Restated Articles of Incorporation establishing a quorum for all meetings of shareholders of the Company of one-third (1/3) of the shares, present either in person or by proxy, issued and outstanding and entitled to vote at such meetings (“Proposal Three”). Although Proposal Three was supported by approximately 89% of the Class A common shares voted, it did not achieve the requisite affirmative vote of the holders of at least a majority of the Class A common shares outstanding, and accordingly, Proposal Three was not approved. The Meeting has not been further adjourned.