The company said the Board appointed Helle Thorning-Schmidt and Ralph Hamers as Class II directors on February 12, 2025, with terms expiring at the annual meeting in 2025. Thorning-Schmidt was assigned to the Governance and Sustainability Committee and the Security Committee, and Hamers to the Audit Committee and the Security Committee.

1. 01

   The company said the Board appointed Helle Thorning-Schmidt and Ralph Hamers as Class II directors on February 12, 2025, with terms expiring at the annual meeting in 2025. Thorning-Schmidt was assigned to the Governance and Sustainability Committee and the Security Committee, and Hamers to the Audit Committee and the Security Committee.

2. 02

   In its press release, Palo Alto Networks said the Board will expand from 9 to 11 members effective immediately, with Helle Thorning-Schmidt and Ralph Hamers joining as independent directors.

3. 03

   The company said Thorning-Schmidt served as Prime Minister of Denmark from 2011 to 2015. It said Hamers served as Chief Executive Officer of UBS Group AG from September 2020 to April 2023 and as Chief Executive Officer of ING Group from October 2013 to June 2020.

4. 04

   The company said it expects to grant each of the two new directors an initial restricted stock unit award valued at approximately $1,000,000 on or around March 10, 2025. The awards will vest over 3 years and are subject to continued Board service through each vesting date.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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