Salesforce, Inc. · NYSE:CRM
Salesforce — Shareholder Meeting (May 2022)
19 slides from Salesforce's shareholder meeting presentation, May 9, 2022
Slide 1: Salesforce Proxy Supplement May 2022
Salesforce Proxy Supplement May 2022
Slide 2: 2022 Proxy Statement Highlights
2022 Proxy Statement Continued stockholder engagement on a year- Highlights round basis, engaging with stockholders representing >50% of shares outstanding. Enhanced ESG disclosure representing our focus on ESG and efforts taken to advance disclosures in line with our core values, which now include
Slide 3: Company Overview
Company Overview The global leader in customer relationship management (CRM) technology Founded in 1999, public listing in 2004 (NYSE: CRM). Fastest growing top five enterprise software company with $26.5B in revenue in FY22 (~25% Y/Y). Durable cash flow, with $6B operating cash flow in FY22 (~25% Y
Slide 4: Salesforce Customer
Salesforce Customer 360 4
Slide 5: FY22 Financial Results
FY22 Financial Results Consistent top-line revenue, cash flow and RPO growth Revenue Operating Cash Flow Remaining Performance Obligation $26.5 B 26% $6.0 B 21% 19% $43.7 B CAGR CAGR CAGR $4.8 B $36.1 B $21.3 B $4.3 B $30.8 B $17.1 B $3.4 B $25.7 B $13.3 B 17.1% 16.8% 17.7% 18.7% 4.0% 2.1% 2.1% 1.7%
Slide 6: Return to Stockholders
Return to Stockholders Salesforce has a track record of delivering significant total stockholder returns Five-Year Cumulative Total Return $400 $350 Nasdaq Computer & Data Processing Index: $365 Salesforce: $294 $300 Nasdaq 100 Index: $292 $250 $200 S&P 500 Index: $198 $150 Dow Jones Industrial Aver
Slide 7: Board of Directors
Board of Directors Experienced board with balanced mix of skills and backgrounds Diverse and Dynamic Experience 12 Public Company Board Marc Benioff Bret Taylor Laura Craig (Co-CEO) (Co-CEO) Alber Conway 7 Entrepreneurship/VC 10 Public or Large Company CEO/Executive 7 International Experience Parker
Slide 8: Compensation Program Framework
Compensation Program Framework Align executive compensation with the interests of our stockholders Objective: Attract and retain the right talent to lead our Company in a dynamic, innovative and competitive environment Philosophy: Tie a significant portion of compensation to the performance of our c
Slide 9: Management Proposal: Amendment and Restatement of 2013 Equity Incentive Plan
Management Proposal: Amendment and Restatement of 2013 Equity Incentive Plan The Board recommends a vote FOR amendment and restatement of the 2013 Equity Incentive Plan to increase the number of shares reserved for issuance by 43.7 million shares. Seeking stockholder approval of 2013 Equity Incen
Slide 10: Management Proposal: Amendment and Restatement of 2004 Employee Stock Purchase Plan
Management Proposal: Amendment and Restatement of 2004 Employee Stock Purchase Plan The Board recommends a vote FOR amendment and restatement of the 2004 Employee Stock Purchase Plan to increase the number of shares reserved for issuance by 24 million shares. üSeeking stockholder approval of 2004 Em
Slide 11: ESG at Salesforce
ESG at Salesforce Corporations can play an essential role in improving our society We believe that Salesforce’s ESG goals align with our long-term growth strategy and financial and operational practices. View the FY22 Stakeholder Salesforce is committed to transparent ESG disclosures. Our Impact Rep
Slide 12: Environment
Environment Driving impactful climate action across our operations and for our stakeholders Climate Action Strategy Global Collaboration Net Zero Cloud • Released our Climate Action Plan and • As of the end of fiscal 2022, 16% of • In fiscal 2022, we rebranded inaugural TCFD report our applicable Sc
Slide 13: Social
Social We believe our core values are fundamental to, and a competitive advantage in, our approach to managing our workforce Equality, Diversity & Inclusion Supporting Employee Wellness Equality is a core value at Salesforce. We aim to create a We prioritize well-being, and we invest in benefits and
Slide 14: Social
Social We believe businesses can be powerful platforms for social change Philanthropy Civic Engagement Safety Cloud • Pioneered the 1-1-1 model of • Salesforce’s Government Affairs integrated corporate and Public Policy team works • In fiscal 2022, we launched philanthropy, dedicating 1% of with pol
Slide 15: Governance
Governance Our core value of trust is the foundation of everything we do Business Ethics & Corporate Governance Trust, Security & Privacy • A majority of our board members are independent of • Salesforce is committed to providing the most secure, Salesforce and its management. compliant enterprise c
Slide 16: Forward-Looking Statements
Forward-Looking Statements “Safe harbor” statement under the Private Securities Litigation Reform Act of 1995. This presentation contains forward-looking statements about the company’s financial and operating results, which may include expected GAAP and non-GAAP financial and other operating and non
Slide 17: Appendix Non-GAAP Financial Measures
Appendix Non-GAAP Financial Measures
Slide 18: Non-GAAP Financial Measures
Non-GAAP Financial Measures This presentation includes information about non-GAAP income from operations (“non-GAAP financial measures”). These non-GAAP financial measures are measurements of financial performance that are not prepared in accordance with U.S. generally accepted accounting principles
Slide 19: Thank You
Thank You