Three directors, Matt Cohler, Adam D'Angelo, and Lorrie Norrington, will resign from the Board of Directors effective at the 2026 Annual Meeting on June 8, 2026. The Board size will be reduced from ten to seven members following these departures. Krista Anderson-Copperman has been appointed as the new Lead Independent Director, effective at the conclusion of the 2026 Annual Meeting. The company stated these changes are part of an orderly board refreshment process with no disagreements regarding operations or accounting policies.