Box, Inc. · NYSE:BOX
Box — Proxy Contest (July 2021)
12 slides from Box's proxy contest presentation, Jul 19, 2021
Slide 1: Disclaimer
Disclaimer The views expressed on this website represent the opinions of Box, Inc. “Box” or the pany’). The company reserves the right to change any of its opinions expressed herein at any time as it deems appropriate and disclaims any obligation to update the information or opinions contained on th
Slide 2: Our Plan to Drive Value: Vote FOR ALL Three of Box's Nominees
Our Planto Drive Value Our Director Nominees —_ Enga with Starboard | What People Are Saying Stockholder Resot How to Vote ‘Reme Co. FY20. 03 =) (oats | [oe The Box Board is singularly focused on enhancing value for all of our stockholders. As Box’s recent financial results demonstrate, our strategy
Slide 3: Box is on Track to Deliver the Vision of The Content Cloud
Our PlantoDriveValue Our Director Nominees Engagement with Starboard © What PeopleAreSaying Stockholder Resources / Howto Vote UuseRS 16,891 —- 317 Seats remaining 230” In the ast 90 days RO PARTY APP DOWNLOADS & UPLOADS Office 365 FILE TYPE PREVIEWS & DOWNLOADS Spreadsheets Box is on Track to Deliv
Slide 4: Our Director Nominees
Our Planto Drive Value OurDirector Nominees — Engagement with Starboard al Business Leaders with Track Records of Success and Value Creation Served as an executive or director at a SaaS / Enterprise Software company Public multi-billion dollar company C-Suite executive experience Global go-to-market
Slide 5: Long History of Constructive Engagement with Starboard
box Our PlantoDrive Value Our Director Nominees Engagement withStarboard © What People Are Saying Stockholder Resources Howto Vote Long History of Constructive Engagement with Starboard @ Edited file in Powerpoint Over the past two years, the Board has consistently engaged in good faith with Starboa
Slide 6: What People Are Saying
Our Planto Drive Value Our Director Nominees William Blair May 28, 2021 “While sales execution has been historically inconsistent, we are seeing clear signs of improvement in recent quarters, which together with improving operating leverage give us increased confidence in Box’s ability to reaccelera
Slide 7: Press Releases & Letters
Our Planto Drive Value Our Director Nominees Engagement with Starboard © What People AreSaying Stockholder Resources Press Releases & Letters July 19, 2021 Box Files Definitive Proxy Materials and Mails Letter to Stockholders July 6, 2021 Box Files Preliminary Proxy Statement and Announces Additiona
Slide 8: Your Vote Is Important: How to Vote
Our Planto Drive Value Our Director Nominees Engagement with Starboard + What People Are Sa Stockholder Resources Howto Vote oe Conieniaty Agreement (Tasos =a understand that may come in cote nformaton during my time aan Carpraton As part ofthe eondon th ‘me Corsten — | ‘ information rea 2 Filland S
Slide 9: Vote the BLUE Proxy Card Today
Our Plan to Drive Value Reconciliation ir Director Nomine agement V GAAP Reconciliations board What People Are Saying Stockholder Re Download PDF Ifyou have questions or need assistance voting your shares, please contact our proxy solicitor: Innisfree M&A Incorporated 1(877) 750-8233 (toll-free from
Slide 10: GAAP to Non-GAAP Reconciliations
GAAP to Non-GAAP Reconciliations
Slide 11: GAAP to Non-GAAP Reconciliation — Operating Margin
GAAP to Non-GAAP Reconciliation — Operating Margin As a % of ($ in thousands) QUFY22 revenue GAAP operating margin ($10,263) (5%) Add: Stock-based compensation 41,790 21% Add: Acquired intangible assets aan 7 amortization Add: Acquisition-related expenses 920 - Add: Fees related to shareholder activ
Slide 12: Box Reports Strong Fiscal First Quarter 2022 Financial Results
Box Reports Strong Fiscal First Quarter 2022 Financial Results Raises Revenue Guidance and N Revenue of $202.4 Million, Up 10% Year-Over-Year REDWOOD CITY, Calif. – May , 2021 – Box, Inc. (NYSE:BOX), today announced financial results for the first quarter of fiscal year 2022, which ended April 30, 2