Semrush (SEMR) EGM 2026 summary

Opening remarks and agenda

• Meeting called to order by CEO, with board members, management, and legal counsel present.

• Meeting administration roles assigned, including Inspector of Elections and Secretary.

• Agenda and rules of order distributed in advance and available online.

• Virtual format chosen to facilitate attendance and participation.

Specific resolutions to be voted on

• Proposal to adopt the Agreement and Plan of Merger with Adobe and Fenway Merger Sub.

• Advisory vote on compensation for named executive officers related to the merger.

• Proposal to adjourn the meeting if more proxies are needed, though not expected to be necessary.

Discussions on mergers, acquisitions, or other significant changes

• Merger agreement would result in Semrush becoming a wholly owned subsidiary of Adobe.

• Board unanimously recommends approval of the merger.