On May 9, 2025, Mr. Jonathan Coslet notified Nextracker Inc. (the Company) of his decision to not stand for reelection at the Annual Meeting and will be departing as a director immediately following the Annual Meeting. Jonathan Coslet currently serves as a Senior Partner of TPG Global LLC (?TPG Global?), a private investment firm, and has been with TPG Global since 1993. He previously served as TPG Global?s Chief Investment Officer from 2008 to 2020.
During his tenure with TPG Global, Mr. Coslet also served on the boards of directors of several public and private companies, including IQVIA Holdings Inc., a pharmaceutical consulting and contract research organization, from 2003 to 2020, Life Time Group Holdings Inc., a health, fitness and recreational sports company, since 2015, Cushman & Wakefield plc, a leading global real estate services firm from 2018 through 2024, TPG Inc. from 2021 through 2024, and Crunch Fitness since 2021. Mr. Coslet has also previously served on the board of directors of several public and private companies, including Endurance Specialty Holdings Ltd., IASIS Healthcare LLC, J. Crew Group Inc., Neiman Marcus Group, Oxford Health Plans Inc., Petco Health and Wellness Company Inc., and Quintiles. Prior to joining TPG Global, Mr. Coslet worked at Donaldson, Lufkin & Jenrette, and before that Drexel Burnham Lambert.
Mr. Coslet also serves on the Board of Directors of Stanford Lucile Packard Children?s Hospital, where he is Chairman, the Stanford Medicine Board of Fellows and the Stanford Institute for Economic Policy Research Advisory Board. Mr. Coslet received his Bachelor of Science degree in Economics and Finance from the Wharton School of the University of Pennsylvania where he was Valedictorian, and his Master of Business Administration from Harvard Business School, where he was a Baker Scholar.
