Commvault Systems, Inc. (CVLT) Shareholder/Analyst Call Prepared Remarks Transcript

Commvault Systems, Inc. ( CVLT ) Shareholder/Analyst Call August 6, 2026 10:00 AM EDT Company Participants Michael Melnyk - Head of Investor Relations Presentation Operator Good morning, and welcome to the Commvault Annual Meeting and Shareholders. I am Frans, and I'll be the operator assisting you today. [Operator Instructions] I would now like to hand the call over to Michael Melnyk, Vice President of Investor Relations. Please go ahead. Michael Melnyk Head of Investor Relations Good morning, ladies and gentlemen. I want to welcome all of you to Commvault's Annual Meeting of Stockholders. I'm Michael Melnyk, Vice President of Investor Relations. I'll be presiding over and serving as Secretary of the meeting. With us today are [ Adela Forsyth ] from Computershare, who has been appointed as the election inspector; and [ Matthew MacDonald ] from E&Y. I would also like to welcome members of Commvault's management team and Board of Directors who are present at the meeting. Please note that the Corporate Secretary has delivered an affidavit of mailing, establishing that notice of this meeting was duly given. All stockholders of record at the close of business on June 12, 2026, the record date, are entitled to vote at this annual meeting. As of the record date, there are approximately 41.4 million shares of stock entitled to vote at this meeting. We are informed by Computershare that they are represented in person or by proxy at least 39 million shares of common stock or approximately 94.3% of all of the shares entitled to vote at this meeting. As this constitutes a minority, the meeting is duly convened for purposes of transacting such business as may properly come before it. The matters to be voted on at today's meeting are: the first proposal to elect 7 nominees as directors to serve 1-year