8x8 (EGHT) Proxy filing summary

Executive summary

• Fiscal 2026 saw four consecutive quarters of year-over-year revenue growth, first GAAP-profitable year since 2015, and significant platform innovation, especially in AI-powered solutions.

• Total revenue grew 3% to $735.8M, service revenue up 3% to $715.3M, and GAAP net income reached $1.6M, reversing a prior year loss.

• Usage-based revenue grew over 50% for the year, now 23% of service revenue in Q4, up from 14% a year earlier.

• Completed Fuze customer transition, reduced stock-based compensation by nearly 50%, and repaid $30M in term loan principal.

• Expanded partner ecosystem and completed acquisitions to enhance messaging, automation, and Microsoft Teams capabilities.

Voting matters and shareholder proposals

• Election of eight directors for one-year terms.

• Advisory vote to approve executive compensation for FY 2026.

• Ratification of Grant Thornton LLP as independent auditor for FY 2027.

• Approval of amendment to the 2022 Equity Incentive Plan to add 8,338,000 shares.

Board of directors and corporate governance

• Board consists of eight members, seven of whom are independent; average tenure is six years.

• Separate Chairman and CEO roles; regular board and committee performance assessments.

• Five standing committees: Audit, Compensation, Governance and Nominating, Technology & Cybersecurity, and Strategic Investment.

• Board refreshment and diversity emphasized, with formal guidelines on tenure and leadership rotation.

• Active stockholder engagement program and single-class share structure with no poison pill provisions.