Nextdoor (NXDR) Proxy filing summary

Executive summary

• The annual meeting will be held virtually on June 9, 2026, with voting on key proposals including director election, auditor ratification, and executive compensation approval.

• 2025 saw revenue growth of 4% to $258M, 21M weekly active users, and expansion to over 350,000 neighborhoods globally.

• The company ended 2025 with $404.8M in cash and no debt, repurchased 10.9M shares, and changed its ticker symbol to NXDR.

• The Nextdoor Foundation deployed over $700,000 to nonprofits and is on track to deploy all remaining funds by Q2 2026.

Voting matters and shareholder proposals

• Shareholders will vote on electing one Class II director (David Sze) for a three-year term, ratifying Ernst & Young LLP as auditor, and approving executive compensation on an advisory basis.

• Board recommends voting FOR all proposals.

• Only Proposal 2 (auditor ratification) is considered a routine matter for broker discretionary voting.

Board of directors and corporate governance

• Board consists of nine members, with eight deemed independent; annual self-evaluations are conducted.

• Elisa Steele serves as lead independent director; Nirav Tolia is CEO, President, and Chairperson.

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

• Board and committees met regularly, with high attendance except for one director.

• Stockholders can communicate directly with the board via the Secretary.