GSE Systems, Inc. on June 14, 2022, GSE Systems, Inc. (the Company) held its annual meeting of stockholders (the Meeting). Kathryn O'Connor Gardner did not receive a majority of the votes cast at the Meeting for her election to the Company's Board of Directors . In accordance with Sections 2.8(b) and 2.8(c) of the Company's by-laws, upon only receiving 42.71% of the total votes cast for and the total votes affirmatively withheld, Ms. Gardner tendered her resignation as a member of the Board (the Tendered Resignation) to the Company's Nominating & Governance Committee (the Committee).