Braze (BRZE) Proxy filing summary

Executive summary

• A definitive agreement for Salesforce to acquire the business was announced Oct. 20, 2026; closing is expected in both parties’ FY2028, beginning Feb. 1, 2027, subject to customary conditions.

• Until closing, the parties will remain separate and independent, with business operations, customer service, existing contracts and FY2027 plans continuing as usual.

• After closing, Salesforce’s scale, technology and partner ecosystem are expected to help expand the platform and accelerate AI capabilities; product integration possibilities remain exploratory, with no decisions made yet.

Voting matters and shareholder proposals

• Closing is subject to shareholder approval and required regulatory approvals; a transaction proxy statement is to be filed, with definitive materials to be delivered as required by law.

• The preliminary proxy materials may change; shareholders were urged to review the definitive proxy statement and related filings when available.

Board of directors and corporate governance

• Bill Magnuson is expected to remain CEO after closing, and the business is expected to continue operating under its existing brand.