Netflix (NFLX) investor relations material

Opening remarks and agenda

• The meeting was called to order, confirming a quorum and outlining the agenda, including management and shareholder proposals to be considered and voted upon.

Board and executive committee updates

• Leadership team and board members were introduced, including both Co-CEOs, CFO, Chief Legal Officer, Chief Content Officer, and Chief Global Affairs Officer.

• Representatives from Ernst & Young and the Director of ESG were present to address any questions.

Shareholder proposals

• Proposal four advocated for the right to act by written consent, emphasizing shareholder empowerment and majority support requirements.

• Proposal five called for a report on the profitability of ESG investments, criticizing current ESG efforts and linking them to poor financial performance and lack of dividends.

• Proposal six requested a report on politicized brand misalignment, citing risks from controversial content and underperformance relative to the S&P 500.

• Proposal seven sought cumulative voting for director elections, referencing failed acquisitions, board accountability issues, and the need for greater shareholder influence.