Remitly Global (RELY) Proxy filing summary

Executive summary

• Achieved 29% revenue growth in 2025, reaching $1.6 billion and first full year of GAAP profitability, with 9.3 million quarterly active customers and $74.9 billion in send volume.

• Transitioned CEO role from founder to Sebastian Gunningham in February 2026, with the founder remaining as chairperson.

• Strategic focus on evolving from cross-border payments to a broader financial platform, leveraging AI for operational efficiency and risk management.

• Board and management emphasize customer trust, compliance, and expanding access to financial stability, including new products like global debit cards and lending.

Voting matters and shareholder proposals

• Election of three Class II directors (Bora Chung, Laurent Le Moal, Nigel Morris) for three-year terms.

• Advisory vote to approve executive compensation (Say on Pay).

• Ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm for 2026.

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• Board consists of eleven members divided into three staggered classes, with a majority being independent.

• Board committees: Audit & Risk, Talent & Compensation, Nominating & Corporate Governance, each with independent members and defined charters.

• Board leadership structure includes a non-independent chairperson, a lead independent director, and a CEO, balancing management and oversight.

• Annual board and committee self-assessments and ongoing director education, including onboarding and industry updates.