Company: DOMO
Filing Date: 2025-03-11
Form Type: 8-K
Source: 0001505952-25-000007
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Company: DOMO, INC.
Filing Date: 2025-03-11
Form: 8-K
Item: Item 5.02
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 6, 2025 and March 7, 2025, Ryan Wright and David Jolley were elected as directors of Domo, Inc. (the "Company"), effective March 6, 2025 and March 7, 2025, respectively, with an initial term expiring at the Company’s 2025 annual meeting of stockholders, pursuant to an action by written consent of the Company’s stockholders. Also, Mr. Jolley has resigned his position as an employee of Domo effective March 7, 2025.

Mr. Wright will participate in the Company’s outside director compensation policy, as amended and restated, as described in the Company’s definitive proxy statement filed with the Securities and Exchange Commission (the “ SEC”) on April 30, 2024. Mr. Jolley will also participate in the outside director compensation policy, with the exception that he will not receive an initial equity grant. In addition, Mr. Jolley and Mr. Wright will enter into a standard indemnification agreement in the form previously approved by the Company’s board of directors. There are no family relationships between Mr. Jolley and Mr. Wright, on the one hand, and any director or executive officer of the Company, on the other hand, that require disclosure under Item 401(d) of Regulation S-K.

There are no transactions between Mr. Jolley and Mr. Wright or any member of their immediate families, on the one hand, and the Company or any of its subsidiaries, on the other hand, that require disclosure under Item 404(a) of Regulation S-K. There are no arrangements or understandings between Mr. Jolley and Mr. Wright or any other persons pursuant to which Mr. Jolley and Mr. Wright were selected as directors.

The information set forth under Item 5.07 of this Current Report on Form 8-K is incorporated herein by reference.