Director Paul Clement will not stand for re-election at the 2026 Annual Meeting, and the Board anticipates reducing its size from ten to nine directors upon his departure.
Key takeaways
Director Paul Clement informed Coinbase he will not stand for re-election when his term expires at the 2026 Annual Meeting.
The Board anticipates reducing its size from ten directors to nine directors effective after the 2026 Annual Meeting.
The change is scheduled to occur upon the expiration of Mr. Clement's term at the conclusion of the 2026 Annual Meeting.
The Board expressed appreciation for Mr. Clement's service and invaluable contributions to the Board.