Life360 (360) Proxy filing summary

Executive summary

• Achieved record revenue of $489.5M in 2025, up 32% YoY, with first full year of positive net income and Adjusted EBITDA more than doubling to $93.2M (19% margin).

• Monthly Active Users reached 95.8M and Paying Circles 2.8M, both all-time highs; Pet GPS launched in five markets and Nativo acquisition closed to build a full-stack ad platform.

• Strategic priorities for 2026: grow audience (targeting 20% MAU growth), scale paid offerings, expand advertising revenue, and drive profitability toward a 35% Adjusted EBITDA margin.

• AI adoption at 95% organization-wide, enabling faster product innovation and operational efficiency.

• Board and management highlight strong balance sheet, global expansion, and a focus on long-term value creation for families and shareholders.

Voting matters and shareholder proposals

• Four Class I directors nominated for election to serve until 2029; board recommends voting FOR all nominees.

• Advisory, non-binding vote on executive compensation (say-on-pay); board recommends FOR.

• Ratification of Deloitte & Touche LLP as independent auditor for fiscal 2026; board recommends FOR.

Board of directors and corporate governance

• Board consists of ten members divided into three classes; six directors are independent per Nasdaq and SEC standards.

• Board leadership includes an independent Lead Director and an Executive Chairman, with clear separation from the CEO role.

• Three standing committees: Audit, Compensation, and Corporate Governance and Nominating, all composed of independent directors.

• Board met 13 times in 2025; most directors attended at least 75% of meetings.