monday.com Ltd. Supplemental Proxy Disclosure and Share Cancellation
On July 17, 2026, monday.com Ltd. issued supplemental disclosure regarding its 2026 Annual General Meeting of Shareholders. This disclosure, attached as Exhibit 99.1, supplements the proxy statement dated July 2, 2026. The supplemental disclosure clarifies that the cancellation of 10,875,000 unissued ordinary shares from the 2021 Share Incentive Plan, approved on July 1, 2026, does not alter the proposals, meeting date, or record date. Proxies already submitted remain valid. The cancellation, part of a review of equity plan needs, reduces the share reserve under the 2021 Plan as it exceeded anticipated needs, reflecting responsible equity management and a commitment to managing shareholder dilution. As of June 30, 2026, prior to the cancellation, the Company had 58,674,928 ordinary shares reserved for future issuance. The cancellation will be reflected as a subsequent event in the Companyβs financial statements.