Science Applications International (SAIC) AGM 2026 summary

Opening remarks and agenda

• Meeting opened with welcomes from Investor Relations and the Board Chair, expressing gratitude to stockholders and employees for their participation.

• The Chair called the meeting to order, introduced the Board of Directors, and outlined committee assignments.

• Five proposals were presented for shareholder consideration, including director elections, executive compensation, say-on-pay frequency, equity plan amendment, and auditor ratification.

Board and executive committee updates

• Board members and their committee roles were detailed, including chairs and memberships across Audit, Technology, Human Resources and Compensation, and Nominating and Corporate Governance Committees.

• The presence of the independent auditor and Inspector of Elections was acknowledged.

Financial performance review

• Fiscal year 2026 saw a 3% revenue decrease, but EBITDA margin expanded by 20 basis points, maintaining adjusted EBITDA levels.

• Free cash flow reached $577 million, or over $12 per share.

• Net bookings totaled $7.8 billion, with a book-to-bill ratio of 1.1 and a backlog of $23 billion.

• Fiscal 2027 outlook anticipates over 10% growth in free cash flow per share and targets double-digit EBITDA margin for the first time.

• First quarter of fiscal 2027 delivered modest revenue growth, higher margins, and strong cash results.