StockWatch
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Computer Software: Prepackaged Software
AGM/EGMMay 18, 2026, 04:17 PM

Snowflake to Hold 2026 Annual Meeting on June 29

AI Summary

Snowflake Inc. announced its 2026 Annual Meeting of Stockholders will be held virtually on June 29, 2026. Key proposals include the election of three Class III directors, a non-binding advisory vote on executive compensation, and the ratification of PricewaterhouseCoopers LLP as the independent auditor. The company also highlighted strong financial performance for fiscal year 2026, with product revenue reaching $4.47 billion, up 29% year-over-year, and remaining performance obligations of $9.77 billion, underscoring its pivotal role in enterprise AI transformation.

Key Highlights

  • Snowflake's 2026 Annual Meeting of Stockholders will be held virtually on June 29, 2026, at 9:00 a.m. Pacific Time.
  • Stockholders will vote on the election of three Class III directors (Teresa Briggs, Mark D. McLaughlin, Sridhar Ramaswamy) for terms until 2029.
  • A non-binding advisory vote on named executive officer compensation (Say-on-Pay) is on the agenda.
  • Stockholders will ratify PricewaterhouseCoopers LLP as the independent auditor for fiscal year ending January 31, 2027.
  • A non-binding stockholder proposal requesting majority vote for director elections will be considered.
  • The record date for stockholders entitled to vote at the Annual Meeting is May 5, 2026.
  • Full year FY26 product revenue reached $4.47 billion, marking a 29% year-over-year increase.
  • Remaining performance obligations (RPO) stood at $9.77 billion at the end of FY26.