Akamai Technologies (AKAM) Proxy filing summary

Executive summary

• Achieved $4.21 billion in 2025 revenue, with security and compute solutions comprising 70% of total revenue and strong double-digit growth in these segments.

• Security revenue grew 10% to $2.24 billion, compute revenue rose 12% to $708 million, and Cloud Infrastructure Services revenue increased 36%.

• Operating cash flow reached $1.52 billion, and $800 million was used to repurchase 10 million shares, reducing shares outstanding by 18% since 2015.

• Recognized for corporate excellence, sustainability, and workplace culture by multiple organizations.

Voting matters and shareholder proposals

• Election of nine directors for one-year terms.

• Approval of an amendment to the 2013 Stock Incentive Plan to add 8 million shares.

• Approval of the 2026 Employee Stock Purchase Plan (9 million shares reserved).

• Advisory vote on executive compensation (say-on-pay).

• Amendment to Certificate of Incorporation to allow certain shareholders (25% ownership) to call special meetings.

• Ratification of PwC as independent auditor for 2026.

• Shareholder proposal on political spending disclosure, opposed by the Board.

Board of directors and corporate governance

• Board consists of 11 members, with nine nominees for re-election; four women and three ethnically diverse members.

• Board refreshment ongoing, with median tenure of 6.5 years; robust annual evaluation process.

• All standing committees are fully independent; Board Chair and CEO roles are separated.

• Stock ownership guidelines for directors and executives; no poison pill; proxy access and majority voting standards.