Company: CXDO
Filing Date: 2025-10-20
Form Type: DEF 14A
Source: 0001654954-25-011941
Chunk: 1

Company: Crexendo, Inc.
Filing Date: 2025-10-20
Form: DEF 14A
Chunk 1
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A Message from Our Chairman and Chief Executive Officer

Dear Fellow Stockholders,

On behalf of the entire Crexendo Board of Directors, I am pleased to invite you to Crexendo’s 2025 Annual Meeting of Stockholders, which will be held on December 2, 2025, at 2:00 p.m. Pacific Time, at the Company’s headquarters located at 1225 W Washington Steet, Suite 213, Tempe, AZ 85288.

As we have done each year, we are furnishing our proxy materials to stockholders primarily over the Internet. This process expedites your receipt of the proxy materials, reduces the cost of the Annual Meeting and conserves natural resources. Stockholders of record as of the close of business on October 6, 2025 will either receive a Proxy Card or a Notice of Internet Availability of Proxy Materials for the Annual Meeting. The notice contains instructions on how to access our Proxy Statement and Annual Report for the fiscal year ended December 31, 2024, and submit your proxy online.

2024 was a transformative year for Crexendo and we continue to make even more strides in 2025. I am profoundly proud and humbled to lead what I know is the best team in the Software as a Service (SaaS) and Unified Communications as a Service (UCaaS) sectors. We take our responsibility to our shareholders, licensees and customers very seriously and I believe our results confirm just that.

We recently surpassed six (6) million users on our award-winning platform. This achievement is not merely a statistic; it is a testament to the dedication of our exceptional team and our industry-leading partners and licensees. We have been recognized in G2's Spring 2025 Reports for outstanding customer service with 18 - 1st place rankings; we are very proud of that as it is based on real end-user feedback. We are also excited that we were the recipient of Frost & Sullivan’s 2024 Competitive Strategy Leadership Award for Excellence in Cloud Communications. This award not only underscores our innovative strategies but also affirms our status as the fastest-growing telecommunications software platform in the industry.

We maintained our streak of achieving GAAP profitability for the 8th consecutive quarter in Q2 2025 as well as non-GAAP net income for the 27th consecutive