EverCommerce (EVCM) Proxy Filing summary

Executive summary

• Exceeded 2024 financial goals with revenue above guidance and 25.3% adjusted EBITDA margin, expanding by 230 basis points year over year; payments revenue and total payments volume each grew 9% to $12.6 billion.

• Completed divestiture of fitness solutions and announced pursuit of strategic alternatives for Marketing Technology solutions, aiming for a more focused, higher-margin business.

• Priorities for 2025 include completing transformation efforts, focusing on key SaaS verticals, cost savings, and expanding AI use in products and operations.

Voting matters and shareholder proposals

• Shareholders will vote to elect Penny Baldwin-Leonard and Eric Remer as Class I Directors (terms expiring 2028).

• Ratification of Ernst & Young LLP as independent registered public accounting firm for fiscal year ending December 31, 2025.

• No other business is expected, but proxies may vote on other matters as they arise.

Board of directors and corporate governance

• Board consists of seven members divided into three staggered classes; current nominees and continuing directors have significant experience in technology, private equity, and public company management.

• Stockholders agreements with PSG and Silver Lake provide for director nomination rights and certain governance protections.

• Company qualifies as a "controlled company" under Nasdaq rules, relying on certain governance exemptions.

• Board leadership combines CEO and Chairman roles; lead independent director appointed.

• Board committees: Audit, Compensation, and Nominating & Corporate Governance, each with defined charters and responsibilities.