Marqeta (MQ) Proxy filing summary

Executive summary

• Board recommends stockholders authorize a 1-for-4 reverse stock split and proportional reduction in authorized shares, subject to approval at the 2026 Annual Meeting.

• Reverse split aims to reduce outstanding shares, increase reported net earnings or loss per share, and improve per share performance metrics.

• Marketability, trading costs, and potential administrative savings are cited as additional benefits.

Voting matters and shareholder proposals

• Stockholders are asked to approve the reverse stock split and reduction in authorized shares, with the Board retaining discretion to implement within one year of approval.

Board of directors and corporate governance

• Board of Directors is responsible for determining whether and when to implement the reverse stock split if authorized.