Nutanix to declassify board, adopt majority voting, remove supermajority provisions

Nutanix, Inc.

Board will seek stockholder approval to declassify, moving to annual director elections by 2025.
Majority voting in uncontested director elections to be implemented for 2022 Annual Meeting.
Bylaws amended to eliminate supermajority vote requirements; charter amendments subject to stockholder vote.
Company continues efforts to add an additional independent director with software scale experience.
Changes follow elimination of dual-class stock earlier in 2022.

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