C3.ai, Inc. (AI)
NYSE: AI · Real-Time Price · USD
8.64
+0.10 (1.17%)
At close: Apr 24, 2026, 4:00 PM EDT
8.63
-0.01 (-0.10%)
After-hours: Apr 24, 2026, 7:57 PM EDT
← View all transcripts

AGM 2024

Oct 2, 2024

Thomas Siebel
Chairman and CEO, C3.ai

Finally, Beth W. Vanderbeck from The Carideo Group is participating on this webcast and will act as the Inspector of Elections for today's meeting. She has signed an oath of office, which will be filed with the minutes of this meeting. I would now like to review the meeting procedures and formalities, review the proposals to be considered by the stockholders, and conduct voting on the proposals properly before this meeting. This meeting is being held in accordance with C3.ai's amended and restated bylaws and Delaware law. A copy of the rules of conduct that govern today's meeting can be found in the Meeting Materials section of the web portal for today's virtual meeting. We ask that you abide by these rules in order to facilitate an orderly meeting.

I have, at this meeting, a complete list of the holders of record of the company's Class A and Class B common stock on August fifth, twenty twenty-four, the record date for this meeting. A list of stockholders of record is available for inspection during this meeting for any reasons germane to this meeting. Please click on the button on the bottom right of your screen to view the list. I also have an affidavit certifying that on or about August twenty-first, twenty twenty-four, a notice of annual meeting of stockholders of the company was deposited in the United States Mail to all stockholders of record at the close of business on August 5th, 2024 . Today, we will address the matters described in the company's proxy statement, dated August 21st, 2024.

We will open the polls, and each proposal to be voted on will be presented in the order set forth in the company's proxy statement. No other matters have been properly brought for consideration at today's meeting. If you have not already voted and wish to vote during today's meeting, you may vote at any time while the polls remain open. If you have already submitted your vote by proxy and you do not wish to change your vote, you do not need to vote now, and your shares will be voted as previously instructed. If you intend to vote and have not already done so, you must submit your vote online for it to be counted. The polls will close immediately following the reading of the proposals. Once voting has passed, the polls will be closed, the votes tabulated, and the preliminary voting results announced.

This will conclude the formal business of the meeting. After the formal business of the meeting has been concluded, we will take appropriate questions from stockholders. Any stockholder entitled to vote at the meeting and logged into the web portal, may ask a question at any time by entering it into the appropriate section of the web portal. Please note that the question must conform with the posted rules of conduct for the meeting to be addressed. I've been informed by Ms. Vanderbeck, that a majority of the voting power of the outstanding shares of the company's capital stock, entitled to vote at today's meeting are present, either virtually or by proxy. As this constitutes a quorum, today's meeting is duly convened and open for business. We will now proceed with the formal business of the meeting.

It is shortly after 10 A.M. Pacific Time, and at the direction of the meeting's chair, the polls are open for stockholders desiring to vote today. As a reminder, if you have already sent in a proxy or voted via the telephone or internet and do not wish to change your vote, no further action is needed. There are three proposals to be considered by the stockholders at this meeting, each of which is more fully described in the company's proxy statement, dated August 21st, 2024. The first proposal is the election of three Class I directors, each to hold office until the 2027 Annual Meeting of Stockholders, and until his successors are duly elected and qualified, or until his death, resignation, or removal. The Class I director nominees are Alan Murray, Thomas Anderson, and K.R. Sridhar.

The board of directors recommends that you vote for the election of each of these Class I director nominees. The second proposal is a non-binding advisory vote on the compensation of the company's named executive officers, as disclosed in the company's proxy statement. The board of directors recommends that you vote on an advisory basis for the approval of the compensation of our named executive officers, as disclosed in the company's proxy statement. The third proposal is for the ratification of the appointment of Deloitte & Touche, LLP, as the company's independent registered public accounting firm for the fiscal year ending April 30th, 2025. The board of directors recommends that you vote for the ratification of the appointment of Deloitte & Touche, LLP. No other proposals have been properly presented for consideration at today's meeting.

At the direction of the meeting's chair, the polls are now closed for voting. No additional ballots, proxy, or votes, and no changes or revocations will be accepted. Based on the preliminary voting results, as reported by the Inspector of Elections, the stockholders have, one, elected each of the Class I director nominees to hold office as Class I directors until the 2027 Annual Meeting of the Stockholders and until his or her successors are duly elected and qualified, or until his or her earlier death, resignation, or removal. Two, approved on an advisory basis the compensation of the company's named executive officers. And three, ratified the appointment of Deloitte & Touche, LLP, as the company's independent registered public accounting firm for the fiscal year ending April 30th, 2025.

We expect to disclose the preliminary voting results, or if available to us, final voting results on a current report on a Form 8-K to be filed with the SEC within four business days after this meeting. If not early reported, we expect to report our final voting results in an amendment to our Form 8-K within four business days after the final results are known to us. This concludes our planned agenda for today. There are no other formal business before us. This annual meeting is adjourned. We will now open the floor to any appropriate questions. Are there any questions? There are no questions. There being no further questions, we will conclude this webcast. We thank you again for your attendance and your continued support of C3.ai.

Operator

This does conclude today's call. You may now disconnect.

Powered by