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Sinclair Re-Elects Board, Ratifies and Approves Other Proposals

1. SBGI shareholders elected nine directors during the Annual Stockholders' Meeting. 2. PricewaterhouseCoopers LLP was reappointed as the independent auditor for fiscal year 2025. 3. A non-binding advisory vote on executive compensation was approved. 4. Amendments to expand 'Permitted Transferees' definition for Class B Common Stock were approved. 5. Full vote tabulation will be disclosed in a Form 8-K filing.

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FAQ

Why Neutral?

While governance changes occurred, they rarely impact immediate stock prices significantly, supported by historical practices where such elections show a neutral impact on SBGI's stock performance.

How important is it?

The shareholder meeting reinforces corporate governance but lacks immediate financial implications, reducing the perceived importance.

Why No Impact?

The decisions made in the meeting will not immediately affect financial performance or stock valuation.

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- BALTIMORE--(BUSINESS WIRE)--Sinclair, Inc. (the “Company”) (Nasdaq: SBGI) announced that its stockholders elected the nominated nine Directors at the Company’s Annual Stockholders’ Meeting held yesterday. The elected Directors are Mr. David D. Smith, Executive Chairman, Chairman of the Board of the Company; Mr. Frederick G. Smith, Director and Vice President of the Company; Mr. J. Duncan Smith, Director, Vice President and Secretary of the Company; Mr. Robert E. Smith, Director; Ms. Laurie R. Beyer, Director; Dr. Benjamin S. Carson, Sr., Director; Mr. Howard E. Friedman, Director; Mr. Daniel C. Keith, Director; and Hon. Benson E. Legg, Director. The stockholders also ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025; approved the non-binding advisory vote on executive compensation; and approved the amendment to the Company’s Articles of Amendment and Restatement of the Articles of Incorporation to expand the definition of "Permitted Transferees” of the Company’s Class B Common Stock. A tabulation of the votes on these matters will be included in a Current Report on Form 8-K to be filed with the Securities and Exchange Commission. About Sinclair, Inc. Sinclair, Inc. (Nasdaq: SBGI) is a diversified media company and a leading provider of local news and sports. The Company owns, operates and/or provides services to 185 television stations in 85 markets affiliated with all major broadcast networks; owns Tennis Channel, the premium destination for tennis enthusiasts; multicast networks CHARGE, Comet, ROAR and The Nest; and the nation’s largest streaming aggregator of local news content, NewsON. Sinclair’s AMP Media produces a growing portfolio of digital content and original podcasts. Additional information about Sinclair can be found at www.sbgi.net. Category: Financial More News From Sinclair, Inc.

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