Reddit Inc.

06/10/2025 | Press release | Distributed by Public on 06/10/2025 14:44

Proxy Results (Form 8-K)

Item 5.07. Submission of Matters to a Vote of Security Holders.
On June 9, 2025, Reddit, Inc. (the "Company") held its 2025 annual meeting of stockholders (the "Annual Meeting"). The Company's stockholders voted on four proposals at the Annual Meeting, each of which is described below as well as more fully in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 28, 2025 (the "Proxy Statement"). Holders of the Company's Class A common stock were entitled to one vote for each share held as of the close of business on April 14, 2025 (the "Record Date"), and holders of the Company's Class B common stock were entitled to ten votes for each share held as of the close of business on the Record Date. The Class A common stock and Class B common stock voted as a single class on all matters at the Annual Meeting.
At the Annual Meeting, the Company's stockholders voted on the following proposals:
1.To elect Steven Huffman, Sarah Farrell, Patricia Fili-Krushel, Porter Gale, David Habiger, Steven O. Newhouse, Robert A. Sauerberg, and Michael Seibel to serve until the Company's 2026 annual meeting of stockholders and until such director's successor has been duly elected and qualified, or until such director's earlier death, resignation, disqualification, or removal.
1.To ratify the appointment of KPMG LLP as the Company's independent registered public accounting firm for the year ending December 31, 2025.
2.To approve, on a non-binding advisory basis, the compensation paid by the Company to its named executive officers as disclosed in the Proxy Statement.
3.To approve, on a non-binding advisory basis, whether future advisory votes on the compensation paid by the Company to its named executive officers should be held every one, two, or three years.
The final voting results for each of these proposals are as follows:
Proposal 1: Election of Directors.
Nominee Votes For Votes Withheld Broker Non-Votes
Steven Huffman 581,602,190 16,066,028 24,560,388
Sarah Farrell 597,271,983 396,235 24,560,388
Patricia Fili-Krushel 592,173,912 5,494,306 24,560,388
Porter Gale 592,717,278 4,950,940 24,560,388
David Habiger 587,754,383 9,913,835 24,560,388
Steven O. Newhouse 536,778,186 60,890,032 24,560,388
Robert A. Sauerberg 538,676,097 58,992,121 24,560,388
Michael Seibel 577,054,846 20,613,372 24,560,388
Each of the eight nominees for director was elected to serve until the Company's 2026 annual meeting of stockholders and until such director's successor has been duly elected and qualified, or until such director's earlier death, resignation, disqualification, or removal.
Proposal 2: Ratification of Appointment of Independent Registered Public Accounting Firm.
Votes For Votes Against Abstentions Broker Non-Votes
621,571,300 437,563 219,743 0
The Company's stockholders ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for the year ending December 31, 2025.
Proposal 3: Advisory Vote on the Compensation of the Company's Named Executive Officers.
Votes For Votes Against Abstentions Broker Non-Votes
595,173,870 2,368,616 125,732 24,560,388
The stockholders approved, on a non-binding advisory basis, the compensation of the Company's named executive officers.
Proposal 4: Advisory Vote on the Frequency of Future Advisory Votes on the Compensation of the Company's Named Executive Officers.
1 Year 2 Year 3 Years Broker Non-Votes
597,013,216 92,175 484,648 24,560,388
The Company's stockholders advised that they were in favor of one year as the frequency of holding future advisory votes on the compensation of the Company's named executive officers. In accordance with the voting results for this proposal, the Company's board of directors has determined that the Company will conduct future advisory votes regarding the compensation of its named executive officers every one year. This policy will remain in effect until the next required stockholder vote on the frequency of advisory votes on the compensation of named executive officers.
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