Affirm (AFRM) Proxy filing summary

Executive summary

• 2026 annual meeting set for Dec. 14, 2026, online; record date Oct. 16. Agenda covers three director elections, auditor ratification and advisory say-on-pay.

• FY26 GMV was $50.2B, up 37%; revenue was $4.3B, up 32%; RLTC was $2.1B; operating income was $417M and net income was $1.93B.

Voting matters and shareholder proposals

• Board recommends FOR Max Levchin, James Bray and Ryan Schneider for three-year Class III terms through the 2029 annual meeting. Director elections require a majority of votes cast.

• Board recommends FOR ratification of Deloitte & Touche LLP for FY ending June 30, 2027; approval requires a majority of voting power present and entitled to vote.

• Board recommends FOR the non-binding FY26 say-on-pay resolution; approval requires a majority of voting power present and entitled to vote. Annual say-on-pay votes are planned, with the next vote expected in 2027.

• Proposals for inclusion in the 2027 proxy are due June 25, 2027; other business notices are due Aug. 16–Sept. 15, 2027.

Board of directors and corporate governance

• Board has 10 members, seven independent; it will fall to nine after Brian Hughes and Jeremy Liew leave at the annual meeting. James Bray is a new nominee; committee assignments will follow his election.

• Max Levchin is Chair and CEO; Christa Quarles is Lead Independent Director, leading independent-director sessions and serving as liaison to the Chair.

• The Board held eight meetings in FY26; every director attended at least 75% of Board and committee meetings while serving.

• Investor outreach feedback is periodically shared with the Board and committees; the Board conducts annual self-evaluations and maintains a Code of Ethics covering employees, officers and directors.