CRM

• cRPO reached $33.5 billion, up 14% year-over-year and in constant currency.
• GAAP diluted EPS was $4.29, up 119% year-over-year; non-GAAP diluted EPS was $5.90, up 103% year-over-year.
• Full-year FY27 revenue guidance raised to $46.1-$46.4 billion, up 11%-12% year-over-year, reflecting a $200M raise ($300M in constant currency).
• Q3 FY27 revenue guidance initiated at $11.42-$11.5 billion, up 11%-12% year-over-year and in constant currency.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• Srini Tallapragada will step down as President and Chief Engineering and Customer Success Officer, effective August 6, 2026.
• A Transition Agreement sets his employment through August 6, 2027, with early termination for cause, by him with 10 days' notice, or if he accepts other full-time compensated work.
• His cash compensation remains at current salary and bonus through January 31, 2027, then drops to $75,000 per year for the rest of the transition period.
• Previously granted equity awards continue to vest during the transition period, subject to a customary release of claims.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements

• Guy Wanger, 64, was appointed Chief Accounting Officer and principal accounting officer, starting June 15, 2026.
• His initial annual base salary is $700,000, with an annual bonus target of 70% of base salary.
• He will receive a $2 million sign-on cash bonus and restricted stock units valued at $9 million, vesting over four years.
• Wanger has no family relationships with company directors or executive officers and no material interest in transactions requiring disclosure.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements

• Shareholders approved an amendment to the 2013 Equity Incentive Plan, increasing reserved shares by 34 million and extending the plan to March 26, 2036.
• Shareholders approved an amendment to the 2004 Employee Stock Purchase Plan to increase reserved shares for employee purchase.
• The advisory vote on executive compensation passed with 493,864,228 votes for and 117,716,717 against.
• A stockholder proposal for cumulative voting was rejected, with 595,803,890 votes against.

5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 9.01 Financial Statements and Exhibits

• Q1 revenue was $11.1 billion, up 13% Y/Y, including $444 million from Informatica.
• Current remaining performance obligation was $33.6 billion, up 14% Y/Y.
• Full-year FY27 revenue guidance raised to $45.9-$46.2 billion, up 11% Y/Y.
• Entered into a $25 billion accelerated share repurchase with 103 million shares delivered upfront.

2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits

• Salesforce, Inc. announced on March 16, 2026, the prepayment and initial share delivery under its $25 billion accelerated share repurchase (ASR) agreements.
• The initial delivery of approximately 103 million shares represents about 80% of the total shares anticipated to be repurchased, based on the closing price on March 11, 2026.
• The final number of shares will be determined by the volume-weighted average price during the transaction term, less a discount, with final settlement expected in Q3 or Q4 of Salesforce's FY27.
• This ASR is half of the $50 billion share repurchase program authorized by Salesforce's Board of Directors in February 2026.
• The disclosure was made under Item 7.01 (Regulation FD) and the press release is attached as Exhibit 99.1.

7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• The notes bear interest rates ranging from 4.500% to 6.700% per year, with interest accruing from March 13, 2026 and payable semi-annually.
• The notes are unsecured, unsubordinated obligations of Salesforce, ranking equally with its other unsecured and unsubordinated debt.
• Net proceeds from the offering were used to repurchase shares of Salesforce common stock pursuant to accelerated share repurchase agreements.
• The notes were issued under an indenture dated April 11, 2018, as supplemented by a Third Supplemental Indenture dated March 13, 2026, with U.S. Bank Trust Company, National Association as trustee.

1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits

• The company priced a registered public offering of $25 billion aggregate principal amount of senior notes across eight tranches, due 2028 to 2066.
• Net proceeds from the offering, approximately $24.885 billion, will be used to fund the ASR repurchases.
• Salesforce also entered a $6 billion five-year senior unsecured term loan agreement, used to repay existing term loans.
• The ASR final settlement is expected in Q4 2026; the offering is expected to close on March 13, 2026.

1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits