WORK Slack Technologies Inc

On March 2, 2021, Slack Technologies, Inc. (the “Company”), held a special meeting of stockholders (the “Special Meeting”) to consider certain proposals related to the Agreement and Plan of Merger (as it may be amended from time to time, the “Merger Agreement”), dated December 1, 2020, by and among the Company, salesforce.com, inc. (“Salesforce”), Skyline Strategies I Inc. (“Merger Sub I”) and Skyline Strategies II LLC (“Merger Sub II”) (the “Merger Agreement”). The Merger Agreement provides for the merger of Merger Sub I with and into the Company, with the Company continuing as the surviving corporation (the “Surviving Corporation”) and a direct, wholly owned subsidiary of Salesforce (the “First Merger”), immediately followed by a second merger of the surviving corporation into either Merger Sub II or Salesforce, with either Merger Sub II or Salesforce continuing as the surviving company (the “Second Merger” and together with the “First Merger”, the “Mergers”).

As of January 25, 2021, the record date for the Special Meeting, there were 501,490,143 shares of Slack Class A common stock outstanding, each of which was entitled to one vote for each proposal at the Special Meeting, and 79,094,868 shares of Class B common stock outstanding, each of which was entitled to ten votes for each proposal at the Special Meeting. The Class A common stock and Class B common stock (the “common stock”) voted together as a single class on all matters. Present at the Special Meeting in person or by proxy were holders of 380,816,343 shares of common stock, representing a total of 1,084,374,585 votes, or a majority of the voting power of all issued and outstanding shares of the Company’s common stock as of the record date, and constituting a quorum under the Company’s bylaws. At the Special Meeting, Company stockholders considered two proposals. The final results regarding each proposal are set forth below.

Proposal 1: Approval of the Merger Proposal

The Company’s stockholders approved the proposal to adopt the Merger Agreement and approve the transactions contemplated thereby, including the Mergers (the “Merger Proposal”). The voting results for the Merger Proposal were as follows:

Proposal 2: Advisory Vote regarding Named Executive Officer Compensation Related to the Mergers

The Company’s stockholders approved, on a non-binding advisory basis, certain compensation that may be paid or become payable to the Company’s named executive officers that is based on or otherwise relates to the Mergers (the “Compensation Proposal”). The voting results for the Compensation Proposal were as follows: