The board increased its size from 11 to 12 members and elected Bill Ready as a director, effective September 29, 2025, for a term expiring at the company's 2026 Annual Meeting of Shareholders.

1. 01

   The board increased its size from 11 to 12 members and elected Bill Ready as a director, effective September 29, 2025, for a term expiring at the company's 2026 Annual Meeting of Shareholders.

2. 02

   Visa said the board determined that Ready is an independent director under New York Stock Exchange listing standards, and that he was appointed the same day to the Finance Committee and the Nominating and Corporate Governance Committee.

3. 03

   Visa said there are no arrangements or understandings between Ready and any other person under which he was selected as a director, and no transactions involving Ready that are reportable under Item 404(a) of Regulation S-K. Visa said Ready will receive compensation under its standard arrangements for non-employee directors, and that it will enter into an indemnification agreement with him.

4. 04

   In a press release, Visa said Bill Ready has been chief executive officer of Pinterest since 2022. It said he previously served as president of commerce, payments and next billion users at Google, chief operating officer at PayPal, and chief executive officer of Braintree.

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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