Planet Labs PBC — fact timeline

Planet Labs PBC entered into Equity Distribution Agreement with Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., BofA Securities, Inc., Cantor Fitzgerald & Co., Citizens JMP Securities, LLC, Craig-Hallum Capital Group LLC, Needham & Company, LLC, Northland Securities, Inc., We valued at up to $1,500,000,000 (effective 2026-06-05).

“On June 5, 2026 , Planet Labs PBC, a Delaware public benefit corporation (the “Company”), entered into an Equity Distribution Agreement (the “Equity Distribution Agreement”) with Goldman Sachs & Co. LLC (“Goldman”), Morgan Stanley & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc. (“Citigroup”), Deutsche Bank Securities Inc., BofA Securities, Inc., Cantor Fitzgerald & Co., Citizens JMP Securities, LLC, Craig-Hallum Capital Group LLC, Needham & Company, LLC, Northland Securities, Inc., Wedbush Securities Inc., Clear Street LLC and JonesTrading Institutional Services, LLC (each, a “Sales Agent”, and collectively, the “Sales Agents”)”

Planet Labs PBC reported first fiscal quarter ended April 30, 2026 results: revenue $94.2 million, net income ($138.9) million, EPS ($0.40).

“First quarter revenue increased 42% year-over-year to a record $94.2 million. • Percent of recurring annual contract value (ACV) was 99% as of the end of the first quarter. • First quarter gross margin was 54%, compared to 55% in the first quarter of fiscal year 2026. First quarter non-GAAP gross margin was 56%, compared to 59% in the first quarter of fiscal year 2026. • First quarter net loss was ($138.9) million, compared to ($12.6) million in the first quarter of fiscal year 2026. The first quarter of fiscal year 2027 net loss included an approximate ($106.5) million revaluation loss from the change in fair value of warrant liabilities related to stock price appreciation during the period. Planet announced the redemption of all of its outstanding public warrants during the quarter, resulting in approximately $107.8 million of proceeds from exercises of the public warrants. Additionally, the remaining private placement warrants were exercised on a cashless basis during the quarter. C”

Planet Labs PBC reported its fourth fiscal quarter and full year ended January 31, 2026 results: revenue $86.8 million, net income ($152.5) million, EPS ($0.48).

“sustainable, profitable growth.” Fiscal Fourth Quarter and Full Year 2026 Financial and Key Metric Highlights: • Fourth quarter revenue increased 41% year-over-year to a record $86.8 million. • Full year revenue increased 26% year-over-year to a record $307.7 million. • Percent of recurring annual contract value (ACV) was 98% as of the end of fiscal year 2026. •”

Planet Labs PBC issued convertible note to Barclays Capital Inc. and Goldman Sachs & Co. LLC, as representatives of the several initial purchasers for $400 million in aggregate principal amount.

“Capital Inc. and Goldman Sachs & Co. LLC, as representatives of the several initial purchasers named therein (collectively, the “Initial Purchasers”), to issue and sell $400 million in aggregate principal amount of the Notes. In addition, the Company granted the Initial Purchasers an option to purchase up to an additional $60 million in aggregate principal”

Planet Labs PBC incurred convertible notes of $460 million with U.S. Bank Trust Company, National Association at 0.50% per annum maturing October 15, 2030.

“of the Exchange Act. ☐ Item 1.01 Entry into a Material Definitive Agreement. Convertible Notes and the Indenture On September 12, 2025, Planet Labs PBC (the “Company”) issued $460 million in aggregate principal amount of its 0.50% Convertible Senior Notes due 2030 (the “Notes”) pursuant to an indenture (the “Indenture”), dated September 12, 2025, between the”

J. Heidi Roizen departed as Director at Planet Labs PBC.

“On May 28, 2025, J. Heidi Roizen notified the Company of her decision not to stand for re-election at the 2025 Annual Meeting and will be departing as a director and member of the Company’s compensation committee and audit committee upon the expiration of her term at the 2025 Annual Meeting.”

Niccolo de Masi resigned as Director at Planet Labs PBC.

“On May 28, 2025, Niccolo de Masi notified Planet Labs PBC (the “Company”) of his resignation from the Company’s board of directors (the “Board”) and the Company’s audit committee, effective as of the Company’s 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”).”

John W. Raymond was elected as Class II Director at Planet Labs PBC.

“On January 10, 2025, the stockholders of Planet Labs PBC (the “Company”) acted by written consent (the “Written Consent”) to elect General John W. Raymond to fill an existing vacancy on the Company’s board of directors as a Class II director”

Planet Labs PBC announced a restructuring with charges of approximately $9.5 million to $10.5 million (approximately 180 employees, which represents approximately 17% of the Company’s total number of employees prior to the).

“the long-term growth and profitability of the business. As a result of the headcount reduction, the Company estimates that it will incur non-recurring charges of approximately $9.5 million to $10.5 million in aggregate pre-tax costs in connection with the reduction, consisting of one-time severance and other termination benefit costs. The Company expects that the”

Kevin Weil resigned as President, Product & Business at Planet Labs PBC.

“As previously disclosed in a Current Report on Form 8-K filed by Planet Labs PBC (the “ Company ”) on March 28, 2024, on March 25, 2024, Kevin Weil, the Company’s President, Product & Business, informed the Company of his intention to resign from his role, effective May 6, 2024 (the “ Transition Date ”).”

Planet Labs PBC engaged KPMG LLP as its auditor.

“Appointment of New Independent Registered Public Accounting Firm On April 3, 2024, the Audit Committee approved the engagement of KPMG LLP (“ KPMG ”) as the Company’s independent registered public accounting firm for the fiscal year ending January 31, 2025, effective immediately.”

Planet Labs PBC dismissed Ernst & Young LLP as its auditor.

“Dismissal of Previous Independent Registered Public Accounting Firm As a result of this process, on April 3, 2024, the Audit Committee dismissed Ernst & Young LLP (“ EY ”), the Company’s current independent registered public accounting firm, effective immediately.”

Ashley Johnson was appointed as President and Chief Financial Officer at Planet Labs PBC.

“In addition, on March 27, 2024, the Board appointed Ashley Johnson, the Company’s current Chief Financial and Operating Officer, as the Company’s President and Chief Financial Officer.”

Kevin Weil resigned as President, Product & Business at Planet Labs PBC.

“On March 25, 2024, Kevin Weil, President, Product & Business of the Company informed the Company of his intention to resign from his role effective May 6, 2024.”

Planet Labs PBC reported third fiscal quarter ended October 31, 2023 results: revenue $55.4 million.

“Planet Reports Financial Results for Third Quarter of Fiscal 2024 Delivers Record Quarterly Revenue of $55.4 Million”

Planet Labs PBC reported second fiscal quarter ended July 31, 2023 results: revenue $53.8 million.

“incorporation language in such filing. --- EX-99.1 (EX-99.1) --- Planet Reports Financial Results for Second Quarter of Fiscal 2024 Delivers Record Quarterly Revenue of $53.8 Million Announced Completion of Acquisition of Sinergise San Francisco, CA – September 7, 2023 – Planet Labs PBC (NYSE: PL) (“Planet” or the “Company”), a leading provider of daily data”

Planet Labs PBC announced a restructuring with charges of approximately $7 million to $8 million in aggregate pre-tax costs (approximately 117 employees).

“long-term strategy and path to profitability. As a result of the headcount reduction, the Company currently estimates that it will incur non-recurring charges of approximately $7 million to $8 million in aggregate pre-tax costs in connection with the reduction, consisting of one-time severance and other termination benefit costs. The Company expects that the”

Planet Labs PBC shareholders approved Non-Binding Advisory Vote on the Frequency of Say-on-Pay Votes at the 2023-07-11 meeting.

“Proposal Four: Non-Binding Advisory Vote on the Frequency of Say-on-Pay Votes The Company’s stockholders recommended, on a non-binding advisory basis, “1 Year” as the frequency with which the Company should hold future non-binding advisory votes on the compensation of the Company’s named executive officers (“say-on-pay votes”). The results of the vote were as follows: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 494,354,457 727,691 324,557 272,236 52,294,721”

Planet Labs PBC shareholders approved Non-Binding Advisory Vote on the Compensation of Named Executive Officers at the 2023-07-11 meeting.

“Proposal Three: Non-Binding Advisory Vote on the Compensation of Named Executive Officers The Company’s stockholders approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers for the fiscal year ended January 31, 2023, as disclosed in the Company’s proxy statement for the Annual Meeting pursuant to the compensation disclosure rules of the Securities and Exchange Commission. The results of the vote were as follows: For Against Abstain Broker Non-Votes 487,466,776 1,129,904 7,082,261 52,294,721”

Planet Labs PBC shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-07-11 meeting.

“Proposal Two: Ratification of Appointment of Independent Registered Public Accounting Firm The Company’s stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending January 31, 2024. The results of the vote were as follows: For Against Abstain Broker Non-Votes 547,178,747 613,861 181,054 —”

Planet Labs PBC shareholders approved Election of Class II Directors at the 2023-07-11 meeting.

“Proposal One: Election of Directors The Company’s stockholders elected Niccolo de Masi and Vijaya Gadde as members of the Company’s board of directors as Class II directors for a three-year term. The results of the vote were as follows: Nominee For Withheld Broker Non-Votes Vijaya Gadde 481,197,334 14,481,607 52,294,721 Niccolo de Masi 472,665,550 23,013,391 52,294,721”

Planet Labs PBC reported first fiscal quarter ended April 30, 2023 results: revenue $52.7 million.

“First quarter revenue increased 31% year-over-year to $52.7 million.”

Planet Labs PBC reported financial results for its fiscal fourth quarter and full year ended January 31, 2023.

“On March 29, 2023, Planet Labs PBC (the “Company”) issued a press release announcing its financial results for its fiscal fourth quarter and full year ended January 31, 2023.”

Planet Labs PBC reported third fiscal quarter ended October 31, 2022 results: revenue $49.7 million. Guidance raised.

“Third quarter revenue increased 57% year-over-year to $49.7 million.”

Planet Labs PBC shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2022-11-09 meeting.

“Proposal Two: Ratification of Appointment of Independent Registered Public Accounting Firm The Company’s stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending January 31, 2023.”

Planet Labs PBC shareholders approved Election of Directors at the 2022-11-09 meeting.

“Proposal One: Election of Directors The Company’s stockholders elected William Marshall, Robert Schingler Jr., and J. Heidi Roizen as members of the Company’s board of directors as Class I directors for a three-year term, and Kristen Robinson as a member of the Company’s board of directors as a Class III director for a two-year term.”