Company: BL
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001666134-25-000011
Chunk: 42

Company: BLACKLINE, INC.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 42
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### Management Changes
Effective as of April 15, 2024, Mr. Ung joined BlackLine as Chief Technology Officer. Effective as of May 6, 2024, Mr. Duan joined BlackLine as Chief Customer Officer.

### Fiscal Year 2024 Business Highlights
Our mission is to inspire, power, and guide digital finance transformation for the Office of the CFO. Our secure, flexible, and scalable cloud-based platform empowers finance and accounting teams to achieve future-ready financial operations, modernizing processes for mid-size and enterprise organizations across all industries. In fiscal year 2024, we delivered strong results from a financial and operational standpoint, as highlighted by the following:

• Total GAAP Revenue grew to $653.3 million, an increase of 11% from 2023.

• GAAP operating margin of 2.8%, compared to 2.4% in 2023.

• Non-GAAP operating margin of 19.4%, compared to 16.5% in 2023.

• GAAP net income attributable to BlackLine of $161.2 million, or $1.45 per diluted share compared to GAAP net income attributable to BlackLine of $52.8 million, or $0.81 per diluted share in 2023.

• Non-GAAP net income attributable to BlackLine of $162.1 million, or $2.18 per diluted share compared to non-GAAP net income attributable to BlackLine of $145.2 million, or $1.96 per diluted share in 2023.

• Operating cash flow of $190.8 million, compared to $126.6 million from 2023.

• Free cash flow of $164.0 million, compared to $99.0 million from 2023.

Please see Appendix A to this proxy statement for a reconciliation of GAAP and non-GAAP net income and free cash flow.

#### Fiscal Year 2024 Compensation Highlights

#### 2024 Executive Compensation Highlights
| COMPENSATION HIGHLIGHT |     | UNDERLYING PHILOSOPHY/CONSIDERATIONS |

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TABLE OF CONTENTS

| Stockholder Feedback                                          
 Alignment of performance metricswith key strategic objectives 
 Pay-for-performance alignment                                 |     | •The perspective of our stockholders is an important consideration in the design of our compensation programs. In the fall of 2023, we conducted an extensive stockholder engagement program, led by our Compensation Committee chair, and have