GFS|GLOBALFOUNDRIES Inc.

Fixable underperformance 0 of 7

• TSR below peersNo
  —
  3+ of last 5 years
• High CEO pay despite TSRNo
  —
  Median CEO pay ≥ $15M while TSR trails
• Earnings not backed by cashNo
  —
  Cash flow under 80% of net income
• Dilutive SBCNo
  —
  Over 10% of revenue
• Payouts exceed cash flowNo
  —
  Buybacks + dividends over cash flow
• Goodwill-heavyNo
  —
  Over 40% of assets
• Shareholder dissentNo
  —
  Any vote under 80% support

Buyer economics 0 of 4

• Low revenue per employeeNo
  —
  Bottom quartile of its SIC industry
• Quiet on AINo
  —
  Bottom quartile of AI mentions in 10-Ks
• Net cashNo
  —
  More cash than debt, positive EBITDA
• Buyout-sizedNo
  $23.3B market cap
  Market cap $500M–$5B

Catalysts 0 of 2

• Active 13DNo
  0 filings
  Active-intent 13D in 18 months
• Net insider sellingNo
  −$4M net
  Net sales over $10M in 12 months

Financials

No XBRL financials yet.

Deal filings

None.

13D filers

None on file.

Insider trading

Open-market buys, 12 mo

$767 · 1

Open-market sells, 12 mo

$4M · 51

Net

−$4M

Pay vs performance

No pay-versus-performance disclosure yet.