Company: PATH
Filing Date: 2025-05-13
Form Type: DEF 14A
Source: 0001734722-25-000021
Chunk: 12

Company: UiPath, Inc.
Filing Date: 2025-05-13
Form: DEF 14A
Chunk 12
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 2024 Annual Meeting, other than Sivaramakichenane Somasegar, who was appointed by our board of directors, effective September 2024. Mr. Somasegar was recommended to our board by Mr. Dines. Based on the recommendation of the nominating and corporate governance committee, our board of directors has nominated each of Daniel Dines, Philippe Botteri, Michael Gordon, Sivaramakichenane Somasegar, Daniel Springer, Karenann Terrell, Rich Wong, and June Yang, each to be elected as a director of the Company to serve on our board of directors until the 2026 Annual Meeting and until such time as their respective successors have been duly elected and qualified or until their earlier death, disability, resignation, retirement, disqualification, or removal from office. Ms. Laela Sturdy previously notified us of her intent not to stand for re-election at the Annual Meeting and will therefore be resigning from our board of directors, effective as of immediately prior to the Annual Meeting. In connection with her resignation, our board of directors has approved a decrease in the authorized number of directors on the board of directors from nine to eight directors, effective as of immediately prior to the Annual Meeting.

Our board of directors has no reason to believe that any of the nominees named in this Proxy Statement would be unable or unwilling to serve as a director if elected. In the event that any of these nominees should become unavailable for election due to any presently unforeseen reason, proxies will be voted for a substitute as designated by our board, or alternatively, our board may leave a vacancy on the board, or reduce the size of our board.

Vacancies on the board of directors may be filled by persons elected by a majority of the remaining directors or, if such vacancy is created prior to the date our Class B common stock is automatically converted to Class A common stock pursuant to the terms of our amended and restated certificate of incorporation, by the holders of a majority of the voting power of the outstanding shares of Class A common stock and Class B common stock, voting together as a single class. A director elected by our board of directors to fill a vacancy, including vacancies created by an increase in the number of directors, shall serve for the remainder of the full term and until the director’s successor is duly elected and qualified.

Our nominating and corporate governance committee seeks to assemble a board that, as a whole, reflects the appropriate balance of professional and industry knowledge, financial expertise, diversity, and high-level management experience necessary