• Snowflake granted CEO Sridhar Ramaswamy a performance-based PSU award for 1,000,000 shares on July 15, 2026.
• Vesting requires both continued service as CEO and stock-price targets measured over a 90-day average within set performance windows.
• Targets split into five tranches: $324 for 100,000 shares in 2 years; $375 for 150,000 in 3 years; $427-$531 for 750,000 over 5-7 years.
• Service condition dates: Sept. 15, 2029 for tranches 1-2; Sept. 15, 2030 for tranches 3-5.
• Earned shares face a one-year delivery deferral, with earlier delivery on a qualifying change in control; unearned tranches can be forfeited.

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. Snowflake Inc. 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: 0001628280-26-048373), on July 16, 2026, and is solely responsible for the information contained therein.