Company: CVLT
Filing Date: 2025-06-25
Form Type: DEF 14A
Source: 0001169561-25-000059
Chunk: 2

Company: COMMVAULT SYSTEMS INC
Filing Date: 2025-06-25
Form: DEF 14A
Chunk 2
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            |     |                            |     |         n |     |                                  n |
| Allison Pickens     |     |  40 |     |     2020 |     | Founding Managing Director of Allison Pickens Ventures and The New Normal Fund  |     |          n |     |                          n |     |           |     |                                    |
| Shane Sanders(2)    |     |  62 |     |     2022 |     | Former Senior Vice President of Business Transformation, Verizon Communications |     |          n |     |                          n |     |           |     |                                    |
| Arlen Shenkman      |     |  54 |     |     2020 |     | President and CFO, UKG                                                          |     |            |     |                            |     |         n |     |                                  n |
| Number of Directors |     |     |     |          |     |                                                                                 |     |          3 |     |                          4 |     |         3 |     |                                  4 |

| n |     | Committee Chair |     | n |     | Committee Member |

1. As of January 16, 2025, Mr. Moran resigned from the Audit Committee and joined the Talent Management and Compensation Committee (“TMCC”).

2. As of January 16, 2025, Mr. Sanders resigned from the TMCC.

#### Board Composition

#### 5COMMVAULT SYSTEMS, INC. |2025 PROXY STATEMENT
| PROXY SUMMARY  |FISCAL 2025 FINANCIAL HIGHLIGHTS |

### Fiscal 2025 Financial Highlights
Fiscal 2025 was a breakout year for Commvault, highlighted by notable increases in revenues, total annual recurring revenue (“ARR”)(1), subscription ARR(1), income from operations (“EBIT”)(2), and free cash flow (“FCF”)(3). Our stock price rose by 56% from fiscal 2024, complemented by consistent capital returns through strategic share repurchases. The following amounts are shown in millions, except stock price data:

1. Annualized recurring revenue (“ARR”) is defined as the annualized recurring value of all active contracts at the end of a reporting period. It includes the following contract types: subscription (including term license contracts, software-as-a-service (“SaaS”) and utility software), maintenance contracts related to perpetual licenses, other extended maintenance contracts (enterprise support), and managed services. It excludes any element of the arrangement that is