Salesforce, Inc. · NYSE:CRM
Salesforce — Salesforce.Com — Shareholder Meeting (May 2021)
19 slides from Salesforce's shareholder meeting presentation, May 14, 2021
Slide 1: Salesforce Proxy Supplement May 2021
Salesforce Proxy Supplement May 2021Salesforce Proxy Supplement May 2021
Slide 2: 2021 Proxy Statement Highlights
Continued stockholder engagement on a year- 2021 Proxy Statement round basis, engaging >50% of shares outstanding. Highlights Enhanced ESG disclosure representing our continued focus on ESG and efforts taken to advance disclosures in line with our core values and align disclosures with SASB and TCFD
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 $21.3B in revenue in FY21 (~24% Y/Y). Durable cash flow, with $4.8B operating cash flow in FY21 (~11%
Slide 4: Salesforce Customer 360
Salesforce Customer 360 Trailblazer Success & Community • #1 CRM • Fast Time to Value • Flexible & Scalable • Work From Anywhere 4Salesforce Customer 360 Trailblazer Success & Community • #1 CRM • Fast Time to Value • Flexible & Scalable • Work From Anywhere 4
Slide 5: FY21 Financial Results
FY21 Financial Results Consistent top-line revenue, cash flow and RPO growth Operating Cash Flow Revenue Remaining Performance Obligation 26% 21% $36.1 B 19% $4,801 M $21,252 M CAGR CAGR CAGR $4,331 M $30.8 B $17,098 M $25.7 B $3,398 M $13,282 M $2,738 M $10,540 M 17.7% 17.1% 16.8% 16.5% 4.3% 4.0% 1
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 Nasdaq Computer: $360 $350 Salesforce: $331 Nasdaq 100: $302 $300 $250 Dow Jones Industrial Average: $195 $200 S&P 500 Index: $191 $150 $100 $50 $0 FY 2016
Slide 7: Board of Directors
Board of Directors Experienced board with balanced mix of skills and backgrounds Diverse and Dynamic Experience 10 Public Company Board Parker Craig Marc Benioff Alan Conway 8 Entrepreneurship/VC (CEO) Harris Hassenfeld 7 Public or Large Company CEO/Executive 7 International Experience Neelie John 6
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: Amend 2013 Equity Incentive Plan
Management Proposal: Amend 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 authorized for issuance by 10 million shares. ü Seeking stockholder approval of 2013 Equity Incentive Plan share pool inc
Slide 10: 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. Salesforce is committed to transparent ESG disclosures. Our annual Stakeholder Impact Report det
Slide 11: COVID-19 Response
COVID-19 Response Empowering our workforce, customers and communities to stay healthy Protecting Our Innovation and Supporting Our Workforce Customer Support Communities • Proactively closed our offices around ● Launched Work.com, which includes ● Took action to help address the the world and provid
Slide 12: Protecting Our Planet
Protecting Our Planet Driving impactful climate action across our operations and for our customers Carbon and Energy Global Collaboration Sustainability Cloud ü Salesforce has achieved net-zero ü Salesforce joined business & U.N. ü In fiscal 2020, we launched Salesforce operations. leaders in settin
Slide 13: Empowering the Community
Empowering the Community We believe businesses can be powerful platforms for social change Civic Engagement Philanthropy Salesforce’s Government Affairs Pioneered the 1-1-1 model of integrated corporate philanthropy, and Public Policy team works with dedicating 1% of Salesforce’s equity, 1% of emplo
Slide 14: Fostering Employee Success
Fostering Employee Success Support our values of trust, customer success, innovation and equality Equality, Diversity and Inclusion Supporting Employee Wellness ● Our diversity makes us stronger. As of Nov. 2, 2020, ● We are committed to supporting our employees and approximately 47% of our U.S. wor
Slide 15: Operating with Integrity and Trust
Operating with Integrity and Trust Support our values of trust, customer success, innovation and equality Business Ethics & Corporate Governance Trust, Security, & Privacy • Salesforce is committed to providing the most secure, • A substantial majority of our board members are independent compliant
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-o
Slide 17: Appendix Non-GAAP Financial Measures
Appendix Non-GAAP Financial MeasuresAppendix 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
& “ Sd x ry i tm Thank You