Arista Networks (ANET) Proxy filing summary

Executive summary

• The annual meeting is scheduled for May 29, 2026, in a virtual format, with a record date of April 2, 2026. Voting can be done online, by phone, mail, or during the meeting.

• 2025 revenue reached $9.006 billion, up 28.6% from 2024, with GAAP net income of $3.5 billion and a gross margin of 64.1%.

• Major product launches included the R4 series for AI and data centers, cognitive campus switches, and the acquisition of VeloCloud SD-WAN.

• Executive team changes included new appointments for President, COO, CTO, and SVP of Cloud and AI Networking.

Voting matters and shareholder proposals

• Three Class III directors (Lewis Chew, Greg Lavender, Mark B. Templeton) are nominated for election until 2029.

• Advisory vote on executive compensation (say-on-pay) and ratification of Ernst & Young LLP as independent auditor are on the agenda.

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• Board consists of nine members, with 7/9 independent and 3/9 women.

• Board committees: Audit, Compensation, Nominating & Corporate Governance, all composed of independent directors.

• Annual board and committee evaluations, robust stock ownership guidelines, and a lead independent director structure are in place.

• Proxy access allows eligible shareholders to nominate directors.