Salesforce (CRM) Proxy filing summary

Executive summary

• Achieved record financial results in fiscal 2026, with $41.5B in revenue, 34.1% non-GAAP operating margin, and $14.3B returned to stockholders through share repurchases and dividends.

• Agentforce and Data 360 products drove over 200% ARR growth, with major enterprise adoption and rapid innovation.

• Completed Informatica acquisition, strengthening data integration and governance capabilities.

• Board composition refreshed with two new independent directors, enhancing technical and innovation expertise.

Voting matters and shareholder proposals

• Election of 13 directors, including two new independent nominees.

• Amendments to increase share reserves for the 2013 Equity Incentive Plan (by 34M shares) and 2004 Employee Stock Purchase Plan (by 20M shares).

• Ratification of Ernst & Young LLP as independent auditor for fiscal 2027.

• Advisory vote to approve executive compensation for fiscal 2026.

• Shareholder proposal to adopt cumulative voting for director elections, opposed by the Board.

Board of directors and corporate governance

• Board is 77% independent, with diverse backgrounds and expertise in technology, finance, and global operations.

• Lead Independent Director role transitioned to Arnold Donald in March 2025.

• Board committees (Audit, Compensation, Governance, Cybersecurity & Privacy, Business Transformation) are fully independent and actively oversee key areas.

• Annual board and committee self-evaluations, robust director selection process, and proxy access rights.