Allbirds (BIRD) AGM 2026 summary

Opening remarks and agenda

• Meeting commenced at 12:00 P.M. Pacific Time, with board members and executive officers introduced and attendance appreciated.

• The meeting was held virtually, with rules of conduct and procedures for submitting questions outlined.

• Notice of the meeting was mailed to all stockholders of record on May 8, 2026.

Board and executive committee updates

• Board members and executive officers present included the CEO, CFO, and Chief People and Legal Officer.

• Outside legal counsel and a third-party inspector of elections were introduced.

Shareholder proposals

• Four proposals were presented: asset sale, charter amendment, Nasdaq compliance for convertible notes, and potential adjournment.

• Asset sale involved divesting the footwear business and related intellectual property due to sustained losses.

• Charter amendment proposed removing public benefit corporation status due to the asset sale.

• Nasdaq proposal sought approval for issuing shares upon conversion of up to $50 million in convertible notes to fund a new electronics infrastructure business.

• Adjournment proposal allowed for meeting extension if more proxy votes were needed.