Freshworks Inc. current report, 08 June 2023

Freshworks Inc. 8-K Summary: Annual Meeting Results

Business Context and Reporting Period

This Form 8-K reports the results of the 2023 Annual Meeting of Stockholders held by Freshworks Inc. on June 8, 2023. The meeting was conducted virtually via live webcast.

Key Financial Metrics

The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting outcomes.

Material Changes and Voting Results

Four proposals were submitted to stockholders, all of which were approved or ratified as follows:

  • Proposal 1 (Election of Directors): All three Class II nominees were elected to serve until the 2026 Annual Meeting.
    • Roxanne S. Austin: 1,280,663,317 votes For.
    • Sameer Gandhi: 1,279,049,649 votes For.
    • Dennis M. Woodside: 1,290,062,973 votes For.
  • Proposal 2 (Advisory Vote on Executive Compensation): Stockholders approved the compensation of named executive officers.
    • For: 1,250,967,651 votes.
    • Against: 39,833,262 votes.
  • Proposal 3 (Frequency of Say-on-Pay Vote): Stockholders approved a three-year frequency for future advisory votes on executive compensation.
    • 3 Years: 1,228,223,796 votes.
    • 1 Year: 63,456,997 votes.
  • Proposal 4 (Ratification of Auditors): Stockholders ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2023.
    • For: 1,322,474,385 votes.
    • Against: 20,293 votes.

Guidance, Outlook, and Risks

The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.

Key Facts for Investor Verification

  • Confirmation that the three Class II directors were successfully elected for a term ending in 2026.
  • Verification that Deloitte & Touche LLP is the appointed auditor for the fiscal year ending December 31, 2023.
  • Observation of the significant margin of approval for the "Say-on-Pay" frequency, with over 1.2 billion votes cast for a three-year cycle.
  • Review of the definitive proxy statement filed on April 21, 2023, for detailed executive compensation data referenced in Proposal 2.