Snowflake (SNOW) AGM 2026 summary
Event summary combining transcript, slides, and related documents.
AGM 2026 summary
3 Jul, 2026Opening remarks and agenda
Meeting commenced at 9:00 A.M. Pacific on June 29, 2026, with introductions of board members and executive leadership.
Virtual meeting platform used; formal business and voting procedures outlined.
Board and executive committee updates
Introduction of key executives: CEO, CFO, General Counsel, and Inspector of Election.
Confirmation of quorum with 83.7% of shares represented by proxy.
Shareholder proposals
Four proposals presented: election of Class III directors, advisory vote on executive compensation, ratification of PwC as auditor, and a non-binding proposal for majority voting in director elections.
Shareholder James McRitchie advocated for majority voting, emphasizing accountability and modern governance.
Board recommended against the majority voting proposal, citing previous failed attempts to declassify the board.
Latest events from Snowflake
- Board recommends voting for directors, Say-on-Pay, auditor, and against majority voting proposal.SNOW
Proxy filing - AI-powered platforms and automation drive growth, margin expansion, and a path to profitability.SNOW
Investor Day 2026 - Q1 FY27 product revenue up 34% to $1.33B, strong AI adoption, raised outlook, robust cash flow.SNOW
Q1 2027 - Key votes include director elections, executive pay, auditor ratification, and a majority voting proposal.SNOW
Proxy filing - Strong growth, AI innovation, and governance focus highlight this year's proxy, with key votes ahead.SNOW
Proxy filing - Q3 FY25 revenue rose 28% to $942.1M, with 29% product growth and strong RPO.SNOW
Q3 2025 - Q2 FY25 revenue up 29% to $868.8M, product revenue up 30%, and guidance raised.SNOW
Q2 2025 - Unified platform and AI innovation drive growth in a $342B market by 2028.SNOW
Investor Day 2024 - Q4 product revenue up 28% year-over-year, with strong growth, margins, and AI adoption.SNOW
Q4 2025