Company: CWAN
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001628280-25-020660
Chunk: 72

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 72
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 to one vote upon the automatic conversion of the shares of Class D common stock to Class A common stock upon the earlier of Welsh Carson owning less than 5% of the common stock or seven years from the IPO).

We have determined beneficial ownership in accordance with the rules of the SEC. Except as indicated by the footnotes below, we believe, based on the information furnished to us, that each person or entity named in the table below has sole voting and investment power with respect to all shares of common stock that he, she or it beneficially owns, subject to applicable community property laws.

Except as otherwise noted below, the address of each beneficial owner listed in the table below is c/o Clearwater Analytics Holdings, Inc., 777 W. Main Street, Suite 900, Boise, Idaho 83702.

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| Named of Beneficial Owner                           |     | Class A of Common Stock Beneficially 
 Owned(1)                             |            |     | Class D of   
 Common Stock 
 Beneficially 
 Owned(1)(2)  |            |     | Combined Voting 
 Power(3)        |      |   |
| 5% Stockholders                                     |     |                                      |            |     |              |            |     |                 |      |   |
| Entities affiliated with Welsh Carson(4)            |     |                                      |          — |     |              | 18,958,356 |     |                 | 35.0 | % |
| Entities affiliated with Permira(5)                 |     |                                      |          — |     |              |  7,983,533 |     |                 | 14.7 | % |
| The Vanguard Group(6)                               |     |                                      | 18,423,753 |     |              |          — |     |                 |  3.4 | % |
| Wasatch Advisors, Inc.(7)                           |     |                                      | 12,416,206 |     |              |          — |     |                 |  2.3 | % |
| Blackrock Fund Advisors(8)                          |     |                                      | 12,303,342 |     |              |          — |     |                 |  2.3 | % |
| Kayne Anderson Rudnick Investment Management LLC(9) |     |                                      | 11,037,860 |     |              |          — |     |                 |  2.0 | % |
| William Blair