New Relic, Inc. announced that on June 21, 2023, Caroline Watteeuw Carlisle notified the Company of her decision to not stand for re-election as a member of the Companyâs Board of Directors (the âBoardâ) at the Companyâs 2023 Annual Meeting of Stockholders (the âAnnual Meetingâ). Ms. Watteeuw Carlisleâs decision to not stand for re-election was not the result of any disagreement with the Company or any matter relating to the Companyâs operation, policies (including accounting or financial policies) or practices. Ms. Watteeuw Carlisle will continue to serve as a director and as a member of each committee of the Board of which she is a member until the expiration of her current term at the Annual Meeting.
Upon the expiration of Ms. Watteeuw Carlisleâs term, the authorized number of directors constituting the Board will be ten.