Company: ALGN
Filing Date: 2025-03-27
Form Type: PRE 14A
Source: 0001097149-25-000016
Chunk: 114

Company: ALIGN TECHNOLOGY INC
Filing Date: 2025-03-27
Form: PRE 14A
Chunk 114
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 practice. At the same time, our Board believes that special meetings should only be called to discuss critical, time-sensitive issues that cannot wait until our next annual meeting of stockholders and only in cases where a substantial portion of stockholders agree that a special meeting must be called. A failure to receive the support of 25% of stockholders to convene a special meeting is a strong indicator that the issue is unduly narrow and not deemed critical by our stockholders generally.

In considering both this Proposal 6 and Proposal 7, our Board was aware that p reparing for, and holding, special meetings is time-consuming and expensive, and that holding a special meeting at the request of a small number of stockholders has the potential to injure Align, as special meetings demand significant attention from our Board and senior management and disrupt normal business operations. In addition, with each special meeting, we must pay to prepare, print, and distribute disclosure documents to stockholders, solicit proxies, hold the meeting, and tabulate votes, among other things, regardless of whether the meeting is held in person or virtually .

This Proposal 6 is the product of our Board’s continuing review of our corporate governance practices, our Board’s consideration of the stockholder special meeting proposal outlined in Proposal 7, and our Board’s desire for our stockholders play an active role in the governance of their company. Our Board believes that the 10% ownership threshold to call a special meeting, as provided in Proposal 7, is too low and results in the risk that a single stockholder, or a small group of stockholders, calls a special meeting of stockholders to advance their own special interests at our expense. In contrast, our Board believes that a 25% ownership threshold is consistent with market practice .

Our Board believes that a 25% ownership will contribute to an open and constructive forum for stockholders to express concerns, allow Align to understand the priorities and perspectives of its stockholders, and enable Align to effectively address the issues that matter most to its stockholders, while ensuring that spec ial meetings are held sparingly to address extraordinary matters considered so significant or urgent that they require immediate consideration by all stockholders outside of an annual meeting.

#### Role of Stockholder Engagement
Align has extensive history proactively engaging with stockholders, listening and responding to their questions and seeking out their input as well as ensuring open and robust two-way communications exist between stockholders and our Board. As part of Align’s extensive stockholder outreach program, members of the Board, management and