Company: CWAN
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001628280-25-020660
Chunk: 12

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 12
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 | Director       |     |                       2021 |     |                             2027 |     |                                        |
| Andrew Young        |     | III   |     |  47 |     | Director       |     |                       2021 |     |                             2027 |     |                                        |

As illustrated above, upon the recommendation of the Nominating and Corporate Governance Committee, the full Board has considered and nominated Jacques Aigrain and Lisa Jones to serve as Class I Directors for a three-year term expiring in 2028. In addition, upon the recommendation of the Nominating and Corporate Governance Committee, the full Board has considered and nominated Mukesh Aghi to serve as a Class I Director for a three-year term expiring in 2028. Action will be taken at the Annual Meeting for the election of these three Class I Director nominees.

It was mutually agreed that Kathleen Corbet and Jaswinder Pal Singh will not stand for re-election upon expiration of their terms at the Annual Meeting. We extend our sincere gratitude to Ms. Corbet and Mr. Singh for their outstanding contributions to the Board, including Ms. Corbet’s service as Audit Committee Chair and Special Committee member in connection with the Company’s buyout of its Tax Receivable Agreement and Mr. Singh’s valuable insights regarding the Company’s technology. We wish them continued success in their future endeavors. In order to continue benefitting from Ms. Corbet and Mr. Singh’s valuable insights, we have entered into advisory agreements pursuant to which they will serve as Senior Advisors to the Company. See “Certain Relationships And Related Party Transactions.”

Effective upon the expiration of Ms. Corbet's and Mr Singh's terms at the Annual Meeting, the Board will reduce the size of the Board by one seat such that the full Board will consist of nine directors and one of the Class I director seats will be eliminated. Following such reduction, the Board may increase the size of the Board in accordance with our certificate of incorporation, our bylaws and the Stockholders’ Agreement discussed below.

Unless otherwise instructed, the persons named in the form of proxy card (the “proxyholders”) included with this Proxy Statement intend to vote the proxies held by them “FOR” the election of the director nominees. All of the nominees have indicated that they will be willing and able to serve as directors. If any of these nominees ceases to be a candidate for election by the time of the Annual Meeting (a contingency which the Board does not expect to occur), such proxies may be voted by the