UiPath Announces Passing of Director and Board Nominee, Reduces Board Size

summarizeSummary

UiPath announced the passing of director Sivaramakichenane Somasegar, a nominee for re-election, leading the board to reduce its size and adjust the upcoming annual meeting's director election.

check_boxKey Events

• Director's Passing Announced

  Sivaramakichenane Somasegar, a director since September 2024 and a nominee for re-election at the June 25, 2026 Annual Meeting, passed away on May 19, 2026.

• Board Size Reduced

  The Board of Directors has reduced its size to eliminate the vacancy created by Mr. Somasegar's death. Only the remaining seven nominees will stand for election at the Annual Meeting.

• Committee Appointment

  June Yang has been appointed to serve on the Nominating and Corporate Governance Committee of the Board.

• Proxy Statement Update

  This filing serves as additional materials for the proxy statement filed on May 12, 2026, informing shareholders that votes cast for Mr. Somasegar will not be counted.

auto_awesomeAnalysis

This filing updates the proxy statement for the upcoming annual meeting, informing shareholders of the passing of director Sivaramakichenane Somasegar, who was also a nominee for re-election. The board has responded by reducing its size to eliminate the vacancy, ensuring the election proceeds with the remaining seven nominees. This event impacts corporate governance and board composition.