BlastGard International, Inc. (OTCMKTS:BLGA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

BlastGard International, Inc. (OTCMKTS:BLGA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02

Departure of Director or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangement of Certain Officers

An Annual Meeting of Shareholders was held on June 28, 2017 as
described in Item 5.07 below and in a definitive Proxy Statement
which was filed with the Securities and Exchange Commission. Paul
Sparkes was re-elected to the Board of Directors and continues to
serve as Chairman of the Board. Craig Campbell, Curt Cronin,
Andrew Blott and Bill Buckley were also elected to the Board as
anticipated by the Proxy Statement. No person who was serving as
a Board member immediately prior to the Annual Meeting of
Shareholders resigned or refused to stand for re-election.

On June 29, 2017, the Board of Directors elected Craig Campbell
as Chief Executive Officer, Frances Michaud as Chief Financial
Officer and Greg Sullivan as Chief Commercial Officer. Their
biographical information is set forth in the definitive Proxy
Statement filed with the Securities and Exchange Commission on
May 31, 2017 is incorporated by reference herein. The Proxy
Statement also describes the compensation that is paid to an
affiliate of Mr. Campbell, namely, Resilience Capital, Inc.
Resilience will continue to receive an annual fee of $250,000
payable in equal monthly installments. As for the other executive
officers named above, none of them currently have employment
agreements and are considered employees at will. At the current
time, none of the executive officers are expected to receive cash
compensation of $100,000 or more.

Michael Gordon, former CEO and a director of the Company, is now
serving as Chief Executive Officer of the Companys HighCom
wholly-owned subsidiary. Likewise, Michael Bundy and Chad Aaron
Wright, former Chief Operating Officer and Vice President of the
Company, respectively, are also now serving in identical
positions in the Companys HighCom wholly-owned subsidiary. Each
of these officers will continue to receive their compensation to
their existing employment agreements through August 31, 2017.

Submission of Matters to a Vote of Security
Holders

On June 28, 2017, an Annual Meeting of Stockholders was held of
BlastGard International, Inc. At the Stockholder Meeting a quorum
of 241,795,253 shares of common stock were present in person or
by proxy. At the Annual Meeting, the stockholders approved seven
proposals with the voting tallies set forth below.

PROPOSAL 1: The election of five directors nominated by the Board
of Directors:

FOR WITHHELD
Paul Sparkes 228,182,864 252,436
Craig Campbell 228,172,323 262,977
Curt Cronin 228,185,364 249,936
Andrew Blott 228,176,164 259,136
Bill Buckley 228,176,164 259,136

PROPOSAL 2: To approve an amendment to the Companys Articles
oflncorporation to change the name of the corporation to HighCom
Global Security, Inc.:

241,632,818 162,435

PROPOSAL 3: Consider and vote upon a proposal to grant the Board
of Directors discretionary authority to amend the Companys
Articles oflncorporation (the RS Amendment) to effectuate a
Reverse Stock split of the Companys Common Stock, $.001 par
value, by a ratio of no more than one-for-100 with such ratio to
be determined by the sole discretion of the Board (the Reverse
Split), with a decrease in the number of authorized shares of
Common Stock to l00,000,000 and with such Reverse split and
change in authorized number of common shares to be effective at
such time and date, if at all, as determined by the Board in its
sole discretion (the Reverse Split Proposal). :

241,163,540 502,661

129,052

PROPOSAL 4: To consider and vote upon a proposal
to file an Amendment to the Articles of Incorporation to permit
the Company to hold meetings by action without a meeting in
accordance with Section 7-107-104 (1)(b) of Title 7 of the
Colorado Revised Statutes in order to permit the shareholders
holding shares having not less than the minimum number of votes
that would be necessary to authorize or take such action at a
meeting at which all of the shares entitled to vote thereon were
present and voted consent to such action in writing.:

227,862,816 451,900 120,584

PROPOSAL 5: To consider and vote upon a proposal
to transfer all the BlastGard tangible and intangible assets,
which exclude any HighCom assets, from HighCom Global Security,
Inc. to its wholly-owned Florida subsidiary, BlastGard
Technologies, Inc.:

228,203,914 148,805 82,581

PROPOSAL 6: To consider and vote upon a proposal
for the Companys wholly-owned California subsidiary, Highcom
Security, Inc. to file an amendment to its Articles of
Incorporation in the State of California to change its name to
HighCom Armour Solutions, Inc. :

241,605,338 151,712 38,203

PROPOSAL 7: To consider and vote upon a proposal
to ratify, adopt arid approve a 2017 Employee Benefit and
Consulting Services Compensation Plan covering a maximum of up to
10,000,000 post-split shares of Common Stock:

228,029,703 351,931 53,666


About BlastGard International, Inc. (OTCMKTS:BLGA)

BlastGard International, Inc. designs and markets blast mitigation materials. The Company develops and markets BlastWrap products to protect people and property against explosive forces. The Company’s subsidiary, HighCom Security, Inc. (HighCom), is a provider of security equipment and is engaged in ballistic armor manufacturing. HighCom provides a range of security products and personal protective gear. Its protective gear includes shields, helmets, vests and plates, which provide police and military with the protective gear they need to do their jobs. Its security products include Striker ballistic helmets, Guardian hard armor plates, Ballistic soft armor vests, Bellfire ballistic shields, Civilian Armor System ballistic panels and Stingray ballistic blankets. It caters to local law enforcement agencies, correctional facilities and municipal authorities, as well as corporations.

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