Governance

We are strongly committed to good corporate governance practices – a commitment that is an important part of doing the right thing for our investors, customers, and other stakeholders. We also aim to develop policies and practices that not only help optimize our operations but also increase our stakeholders’ trust and confidence.

Our board of directors has adopted guidelines that set forth the role of board members, director independence standards, board structure and function, director nomination considerations, and other governance policies. Our governance practices are a vital framework within which our board of directors and management can keep our strategic objectives aligned and focused on stockholders and other stakeholders. The board of directors has developed charters for its standing committees – audit, compensation, nominating and corporate governance, and security and privacy – as well as a code of business conduct and ethics that applies to all of our employees, officers, and directors.

Current Composition of the Board and its Standing Committees (as of July 31, 2024)

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Corporate Governance Highlights

Board Composition
Independent Board Chair
Independent Board Committees
Single Voting Class; One Share, One Vote
Majority Voting Standard; Irrevocable Offer to Resign
No Supermajority Voting Requirements
Phase-in Declassification of the Board
Annual Board and Committee Self-Assessments
No Poison Pill
Annual Auditor Ratification
Executive Sessions
Stock Ownership Guidelines
Clawback Policy

Corporate Governance Highlights

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Governance Documents

2023 Proxy Statement

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