Dropbox, Inc. 2026 Annual Meeting of Stockholders

Dropbox, Inc. held its 2026 Annual Meeting of Stockholders on May 21, 2026. The stockholders voted on four proposals: the election of seven directors, the ratification of Ernst & Young LLP as auditors for fiscal year 2026, the advisory approval of executive compensation, and the approval of an amendment to the articles of incorporation to waive jury trials for internal actions. All nominated directors were elected, and proposals 2, 3, and 4 were approved by the required stockholder vote. The company also filed an amendment and restatement of its articles of incorporation, which includes provisions regarding stock classes, voting rights, board structure, and a limited waiver of jury trials for internal actions. The amended articles of incorporation detail the rights and conversions of Class A, Class B, and Class C common stock, as well as provisions for preferred stock and board of directors. Directors are elected for three-year terms after a certain threshold date, and the board has the power to amend bylaws. Stockholder actions generally require a meeting, except before a specific conversion date. The company has also limited the liability of its directors and officers to the fullest extent permitted by law.