On this page of StockholderLetter.com we present the latest annual shareholder letter from Confluent, Inc. — ticker symbol CFLT. Reading current and past CFLT letters to shareholders can bring important insights into the investment thesis.

 •  4/23/2025 Letter Continued (Full PDF)
 •  4/18/2023 CFLT Stockholder Letter
 •  4/24/2024 CFLT Stockholder Letter
 •  More "Information Technology Services" Category Stockholder Letters
 •  CFLT Benford's Law Stock Score = 91

CFLT Shareholder/Stockholder Letter Transcript:

Confluent, Inc.
899 W. Evelyn Avenue
Mountain View, California 94041
NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
To Be Held on June 11, 2025 at 9:00 a.m., Pacific Time
Dear Stockholder:
We are pleased to invite you to virtually attend the 2025 Annual Meeting of Stockholders (including any
adjournments, continuations, or postponements, the Annual Meeting) of Confluent, Inc., a Delaware corporation
(Confluent). The Annual Meeting will be held virtually, via live audio webcast at
www.virtualshareholdermeeting.com/CFLT2025 on Wednesday, June 11, 2025 at 9:00 a.m., Pacific Time. You may
attend the meeting by logging on using the control number located in the Notice of Internet Availability of Proxy
Materials you receive. The virtual format of the Annual Meeting allows us to maximize stockholder access, while also
saving time and money for both Confluent and our stockholders. Even with a virtual format, you will be able to vote
and submit questions during the meeting, and we encourage you to attend online and participate.
The Annual Meeting will be held for the following purposes, which are more fully described in the accompanying
materials:
1.
To elect three Class I directors, Jay Kreps, Alyssa Henry, and Greg Schott, as approved by the Board of
Directors, to hold office until the 2028 Annual Meeting of Stockholders and until their successors are duly
elected and qualified, or until their earlier death, resignation, or removal;
2.
To ratify the appointment of PricewaterhouseCoopers LLP (PwC) as our independent registered public
accounting firm for the year ending December 31, 2025;
3.
To conduct a non-binding advisory vote to approve the compensation of our named executive officers; and
4.
To conduct any other business properly brought before the Annual Meeting.
We have elected to provide internet access to our proxy materials, which include the proxy statement for our
Annual Meeting (Proxy Statement) accompanying this notice, in lieu of mailing printed copies. Providing our Annual
Meeting materials via the internet reduces the costs associated with our Annual Meeting and lowers our environmental
impact, all without negatively affecting our stockholders    ability to timely access Annual Meeting materials. A
complete list of record stockholders will be available for examination at our headquarters in Mountain View,
California, by any stockholder for any purpose germane to the Annual Meeting for a period of ten days ending on the
day before the meeting date. If you would like to view the list, please email us at CLO@confluent.io.
On or about April 23, 2025, we expect to mail to our stockholders a Notice of Internet Availability of Proxy
Materials (Notice) containing instructions on how to access the Proxy Statement and our Annual Report on Form 10K for the year ended December 31, 2024 (2024 Annual Report). The Notice provides instructions on how to vote
online or by telephone and how to receive a paper copy of proxy materials by mail. The Proxy Statement and our 2024
Annual Report can be accessed directly at the internet address www.proxyvote.com using the control number located
on the Notice, on your proxy card, or in the instructions that accompanied your proxy materials.

Our Board of Directors has fixed the close of business on April 14, 2025 as the record date for the Annual
Meeting. Only stockholders of record at the close of business on April 14, 2025 are entitled to notice of, and to vote
at, the Annual Meeting.
By Order of the Board of Directors
Jay Kreps
Chief Executive Officer and Chairman
Your vote is important. Whether or not you plan to virtually attend the Annual Meeting, please ensure
that your shares are voted during the Annual Meeting by signing and returning a proxy card or by using our
internet or telephonic voting system. Even if you have voted by proxy, you may still vote online if you attend
the Annual Meeting. Please note, however, that if your shares are held on your behalf by a brokerage firm,
bank, or other nominee and you wish to vote at the Annual Meeting, you must obtain a proxy issued in your
name from that nominee.

Confluent, Inc.
PROXY STATEMENT FOR 2025 ANNUAL MEETING OF STOCKHOLDERS
TABLE OF CONTENTS
Page
GENERAL INFORMATION .........................................................................................................
1
INFORMATION REGARDING THE BOARD OF DIRECTORS AND CORPORATE
GOVERNANCE ......................................................................................................................
8
DIRECTOR COMPENSATION ....................................................................................................
24
PROPOSAL ONE: ELECTION OF DIRECTORS ........................................................................
27
PROPOSAL TWO: RATIFICATION OF INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM ............................................................................................................
28
PROPOSAL THREE: NON-BINDING ADVISORY VOTE TO APPROVE THE
COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS........................................
29
REPORT OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS .........................
30
EXECUTIVE OFFICERS...............................................................................................................
31
EXECUTIVE COMPENSATION ..................................................................................................
32
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT...
58
TRANSACTIONS WITH RELATED PERSONS .........................................................................
62
HOUSEHOLDING OF PROXY MATERIALS.............................................................................
63
OTHER MATTERS........................................................................................................................
63
APPENDIX A .................................................................................................................................
64
-i-



 4/23/2025 Letter Continued (Full PDF)