Amendment to Equity Incentive Plan and Director Election

Grid Dynamics Holdings, Inc. held its 2025 Annual Meeting of Stockholders on December 23, 2025. Key outcomes include the approval of an amendment to the 2020 Equity Incentive Plan, increasing the available shares by 3,500,000 and prohibiting repricing or exchange of equity awards without stockholder approval. The stockholders also elected three Class III Directors: Eric Benhamou, Patrick Nicolet, and Weihang Wang, to serve until the 2028 Annual Meeting. Additionally, the appointment of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified. Advisory approval was given to the compensation of the named executive officers. The total number of shares authorized for issuance under the 2020 Equity Incentive Plan has been increased to 19,800,000.