Company: BL
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001666134-25-000011
Chunk: 24

Company: BLACKLINE, INC.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 24
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TABLE OF CONTENTS

Board for so long as she continues to hold 5% or more of the issued and outstanding common stock (the “Designation Threshold”) as of the Ownership Measurement Date (as defined in the Stockholder Agreement); provided, however, that if Ms. Tucker ceases to be employed by the Company for any reason and she beneficially owns less than the Designation Threshold, she will be required to immediately tender her resignation from our Board effective only upon acceptance by our Board, and our Board may, in its sole discretion, accept or reject such resignation. If our Board rejects the resignation, Ms. Tucker will continue to have the right to be designated for membership on our Board; provided that our Board will have the right, by unanimous vote of the other directors (excluding Ms. Tucker), to require her resignation from our Board if our Board determines such resignation would be in the best interests of the Company, regardless of the number of shares of common stock held by Ms. Tucker. The affiliates of each of the Stockholder Parties who continue to hold shares have agreed to vote their shares in favor of Ms. Tucker.

Agreement with Scalar Gauge

On March 9, 2025, we entered into a cooperation letter agreement (the “Cooperation Agreement”) with Scalar Gauge Fund, LP and certain other parties (collectively, “Scalar Gauge”). The Agreement includes provisions regarding various matters agreed amongst the parties thereto, including but not limited to the appointment of a new director, procedures for determining replacements for the newly appointed director, voting commitments, “standstills” restricting certain conduct and activities during the periods specified in the Cooperation Agreement, non-disparagement, and certain other items that are addressed in the Cooperation Agreement. A description of the Cooperation Agreement and a copy thereof are included in a Form 8-K filed with the SEC on March 9, 2025. Pursuant to the Cooperation Agreement, Scott Davidson was appointed to our Board with a term beginning on March 14, 2025 and pursuant to the Cooperation Agreement, he will be appointed to one of the standing committees of the Board prior to the Annual Meeting.

#### Communications with the Board of Directors
Stockholders may communicate with our non-management directors through our Chief Legal and Administrative Officer at BlackLine, Inc., 21300 Victory Boulevard, 12th Floor, Woodland Hills, California 91367. Our Chief Legal and Administrative Officer will, in consultation with appropriate directors as necessary, review incoming stockholder communications and decide