Section 5—Corporate Governance and Management
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On November 18, 2025, the Board of Directors of Oracle Corporation (“Oracle”) unanimously elected Stephen Rusckowski to serve as a director, effective immediately.
Mr. Rusckowski will be granted restricted stock units for shares of Oracle common stock (the “RSUs”) in accordance with Oracle’s Amended and Restated 1993 Directors’ Stock Plan. The RSUs will represent a pro rata amount of the annual equity award granted to non-employee directors based on the number of complete calendar months remaining in Oracle’s current fiscal year. The RSUs will fully vest on the first anniversary of the date of grant provided Mr. Rusckowski continues to serve as a director on the vest date. Mr. Rusckowski will also receive the standard cash compensation for Oracle’s non-employee directors.
Mr. Rusckowski entered into Oracle’s standard form of indemnification agreement pursuant to which Oracle will indemnify him for certain actions taken in his capacity as a director.
Item 5.07 Submission of Matters to a Vote of Security Holders
On November 18, 2025, Oracle held its 2025 Annual Meeting of Stockholders (the “Annual Meeting”). Below is a brief description of each matter submitted to a vote at the Annual Meeting, as well as the final voting results with respect to each matter. For more information about these proposals, please refer to Oracle’s definitive proxy statement filed with the U.S. Securities and Exchange Commission on September 26, 2025.
Proposal No. 1: Election of Directors
The stockholders elected each of the following persons as a director to hold office until the 2026 Annual Meeting of Stockholders and until his or her successor is elected and qualified, or until his or her earlier resignation or removal.
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Director Nominee | | Votes For | | Votes Withheld | | Broker Non-Votes |
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Awo Ablo | | 1,970,921,678 | | 379,377,888 | | 265,704,606 |
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Jeffrey S. Berg | | 2,167,434,409 | | 182,865,157 | | 265,704,606 |
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Michael J. Boskin | | 2,144,795,282 | | 205,504,284 | | 265,704,606 |
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Safra A. Catz | | 2,287,398,391 | | 62,901,175 | | 265,704,606 |
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Bruce R. Chizen | | 1,789,428,191 | | 560,871,375 | | 265,704,606 |
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George H. Conrades | | 2,168,501,144 | | 181,798,422 | | 265,704,606 |
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Lawrence J. Ellison | | 2,271,537,382 | | 78,762,184 | | 265,704,606 |
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Rona A. Fairhead | | 2,311,910,112 | | 38,389,454 | | 265,704,606 |
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Jeffrey O. Henley | | 2,161,523,700 | | 188,775,866 | | 265,704,606 |
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Clayton M. Magouyrk | | 2,309,110,378 | | 41,189,188 | | 265,704,606 |
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Charles W. Moorman | | 2,297,980,595 | | 52,318,971 | | 265,704,606 |
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Naomi O. Seligman | | 2,175,743,875 | | 174,555,691 | | 265,704,606 |
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Michael D. Sicilia | | 2,309,260,122 | | 41,039,444 | | 265,704,606 |
Proposal No. 2: Advisory Vote to Approve the Compensation of Oracle’s Named Executive Officers
The stockholders cast an advisory vote approving the compensation of Oracle’s named executive officers as follows: 1,922,942,188 shares in favor, 423,773,929 shares against, 3,583,449 shares abstaining and 265,704,606 broker non-votes.
Proposal No. 3: Ratification of Selection of Independent Registered Public Accounting Firm
The stockholders ratified the appointment of Ernst & Young LLP as Oracle’s independent registered public accounting firm for the fiscal year ending May 31, 2026, with 2,549,762,065 shares in favor, 63,419,255 shares against and 2,822,852 shares abstaining.