• Planet Labs entered an equity distribution agreement for an at-the-market program covering up to USD 1.5 billion of Class A common stock.
• Shares may be sold from time to time via sales agents acting as agent or principal, or through range forward sale agreements with forward purchasers.
• Sales-agent commissions set at up to 2% of the sales price per share; forward hedge selling commissions also up to 2%.
• The company can set sale parameters, including size, timing, daily volume limits, and minimum price thresholds.
• The agreement can be terminated at any time by the company or the relevant sales agent, forward purchaser, or forward seller on written notice.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Planet Labs PBC published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-024109), on June 05, 2026, and is solely responsible for the information contained therein.