Company: CWAN
Filing Date: 2025-02-11
Form Type: S-4
Source: 0001193125-25-023759
Chunk: 27

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-02-11
Form: S-4
Chunk 27
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 “street name” for a beneficial owner of those shares typically have the authority to vote in their discretion on “routine” proposals when they have not received instructions from beneficial owners. However, banks, brokers and other nominees that hold shares in street name for a beneficial owner of those shares are not allowed to exercise voting discretion with respect to the approval of matters that are “non-routine”without specific instructions from the beneficial owner. “Broker non-votes”occur when shares held in street name are present at a stockholder meeting at which at least one item of business is a routine proposal, but the bank, broker or other nominee is not instructed by the beneficial owner of those shares to vote on a particular proposal for which the bank, broker or other nominee does not have discretionary voting power. The Merger Agreement Proposal and the Adjournment Proposal will be considered “non-routine”matters and therefore, it is expected that there will be no broker non-votesat the Special Meeting. Accordingly, if you do not provide your bank, brokerage firm or other nominee instructions on how to vote your shares of Enfusion Common Stock or Enfusion Class B Common Stock at the Special Meeting, your bank, brokerage firm or other nominee generally will not be permitted to vote your shares on any of the proposals at the Special Meeting. Enfusion strongly encourages you to provide voting instructions to your bank, brokerage firm or other nominee so that your vote will be counted on all matters. A broker non-vote,if any, will have the same effect as a vote “AGAINST” the Merger Agreement Proposal and will not have any effect on the Adjournment Proposal (assuming a quorum is present).

| Q: | What is the difference between holding shares as a stockholder of record and in “street name”? |

| A: | If your shares of Enfusion Common Stock or Enfusion Class B Common Stock are registered directly in your                                                                                                                                           
 name with the transfer agent of Enfusion, Computershare Trust Company, N.A., you are considered the stockholder of record with respect to those shares. As the stockholder of record, you have the right to vote or to grant a proxy for your vote 
 directly to Enfusion or to a third party to vote at the Special Meeting.                                                                                                                                                                           |

If your shares are held by a bank, brokerage firm or other nominee, you are considered the beneficial owner of shares held in “street name,” and, for the purposes of this Proxy Statement/Prospectus, a beneficial owner,