Salesforce Files Proxy Supplement

TL;DR

SFDC proxy supplement filed, shareholders get more info for upcoming votes.

AI Summary

Salesforce, Inc. filed a DEFA14A on June 14, 2024, which is a definitive additional material related to their proxy statement. This filing supplements the proxy materials previously distributed to shareholders, likely concerning upcoming shareholder meetings or proposals.

Why It Matters

This filing provides updated or additional information to shareholders regarding matters to be voted on, ensuring they have the most current details before making decisions.

Risk Assessment

Risk Level: low — This is a routine regulatory filing providing supplemental information for proxy materials, not indicating new risks or significant changes.

Key Players & Entities

• Salesforce, Inc. (company) — Registrant
• 415 MISSION STREET 3RD FL (location) — Business and Mail Address
• SAN FRANCISCO (location) — City
• DE (location) — State of Incorporation

FAQ

Key Financial Figures

• $10.2 b — owth(1) Achieved operating cash flow of $10.2 billion, up 44% year-over-year and the hi
• $20 m — ty incentive award at a target value of $20 million, delivered 60% in PRSUs (with the
• $15 million — or our CEO, setting the target value at $15 million (delivered 60% in PRSUs and 40% in stoc
• $35 m — 's aggregate FY24 equity opportunity to $35 million, which is between the 50th and 75
• $5,011 — 2 2021 2020 GAAP income from operations $5,011 $1,030 $548 $455 $297 Plus: Amortizatio
• $1,030 — 2020 GAAP income from operations $5,011 $1,030 $548 $455 $297 Plus: Amortization of pu
• $548 — AP income from operations $5,011 $1,030 $548 $455 $297 Plus: Amortization of purchas
• $455 — come from operations $5,011 $1,030 $548 $455 $297 Plus: Amortization of purchased in
• $297 — from operations $5,011 $1,030 $548 $455 $297 Plus: Amortization of purchased intangi
• $10,632 — 0 0 0 Non-GAAP income from operations1 $10,632 $7,068 $4,951 $3,766 $2,874 Total Reven
• $7,068 — on-GAAP income from operations1 $10,632 $7,068 $4,951 $3,766 $2,874 Total Revenue $34,
• $4,951 — income from operations1 $10,632 $7,068 $4,951 $3,766 $2,874 Total Revenue $34,857 $31
• $3,766 — from operations1 $10,632 $7,068 $4,951 $3,766 $2,874 Total Revenue $34,857 $31,352 $2
• $2,874 — perations1 $10,632 $7,068 $4,951 $3,766 $2,874 Total Revenue $34,857 $31,352 $26,492 $
• $34,857 — ,068 $4,951 $3,766 $2,874 Total Revenue $34,857 $31,352 $26,492 $21,252 $17,098 GAAP op

Filing Documents

• crm_2024proxysupplement.htm (DEFA14A) — 38KB
• a2024supplementalproxyde001.jpg (GRAPHIC) — 84KB
• a2024supplementalproxyde002.jpg (GRAPHIC) — 246KB
• a2024supplementalproxyde003.jpg (GRAPHIC) — 126KB
• a2024supplementalproxyde004.jpg (GRAPHIC) — 187KB
• a2024supplementalproxyde005.jpg (GRAPHIC) — 188KB
• a2024supplementalproxyde006.jpg (GRAPHIC) — 199KB
• a2024supplementalproxyde007.jpg (GRAPHIC) — 130KB
• a2024supplementalproxyde008.jpg (GRAPHIC) — 100KB
• a2024supplementalproxyde009.jpg (GRAPHIC) — 70KB
• a2024supplementalproxyde010.jpg (GRAPHIC) — 207KB
• a2024supplementalproxyde011.jpg (GRAPHIC) — 162KB
• a2024supplementalproxyde012.jpg (GRAPHIC) — 109KB
• 0001108524-24-000012.txt ( ) — 2531KB

From the Filing

CRM_2024 Proxy Supplement UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 Salesforce, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply) No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(l) and 0-11 Salesforce Proxy Statement Supplement 1 June 2024 This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, which may consist of, among other things, trend analyses and statements regarding future events, future financial performance, anticipated growth, industry prospects and our intentions regarding use of future earnings or dividends, are forward-looking. The achievement or success of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, Salesforce's results or outcomes may differ materially and adversely from those expressed or implied by these forward-looking statements. Readers are cautioned not to place undue reliance on such forward-looking statements. The risks and uncertainties referred to above include, but are not limited to, risks associated with: our ability to maintain sufficient security levels and service performance, avoid downtime and prevent, detect and remediate performance degradation and security breaches; our ability to secure sufficient data center capacity; our reliance on third-party infrastructure providers, including hardware, software and platform providers and the organizations responsible for the development and maintenance of the infrastructure of the Internet; uncertainties regarding AI technologies and their integration into our product offerings; our ability to achieve our aspirations, goals and projections related to our environmental, social and governance ("ESG") initiatives; the effect of evolving government regulations, including those related to our industry and providing services on or accessing the Internet, and those addressing ESG matters, data privacy, cybersecurity, cross-border data transfers, government contracting and procurement and import and export controls; current and potential litigation and regulatory investigations involving us or our industry; our ability to successfully expand or introduce new services and product features; our ability to successfully complete, integrate and realize the benefits from acquisitions or other strategic transactions; uncertainties regarding the pace of change and innovation and our ability to compete in the markets in which we participate; our ability to successfully execute our business strategy and our business plans, including efforts to expand internationally and related risks; our ability to predict and meet expectations regarding our operating results and cash flows, including revenue and remaining performance obligation, including as a result of the seasonal nature of our sales cycle and the variability in our results arising from the accounting for term license revenue products and some complex transactions; our ability to predict and limit customer attrition and costs related to those efforts; the demands on our personnel and infrastructure resulting from significant growth in our customer base and operations, including as a result of acquisitions; our real estate and office facilities strategy and related costs and uncertainties; the performance of our strategic investment portfolio, including fluctuations in the fair value of our investments; our ability to protect our intellectual property rights; our ability to maintain and enhance our brands; uncertainties regarding the valuation and potential availability of certain tax assets; the impact of new accounting pronouncements and tax laws; uncertainties affecting our ability to estimate our tax rate, including our tax obligations in connection with potential jurisdictional transfer of intellectual property; uncertainties regarding the effect of geopolitical events, inflationary pressures, market and macroeconomic volatility, financial institution instability, changes in monetary policy, foreign currency exchange rate and interest rate fluctuations, a potential shutdown of the U.S. federal government and climate chang

View Full Filing

View this DEFA14A filing on SEC EDGAR