Salesforce Adopts New Executive Deferred Compensation Plan

Overview & Event Summary

On September 4, 2026, Salesforce, Inc. ($CRM) filed a Current Report on Form 8-K under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers).

On September 2, 2026, the Compensation Committee of the Board of Directors approved the Salesforce, Inc. Executive Deferred Compensation Plan (the "Plan").

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Key Terms of the Plan

• Eligibility & Deferral Limits: Executive officers and other eligible employees may elect to defer up to 75% of base salary and up to 90% of annual performance bonuses.
• Obligation Structure: The company's obligations under the Plan are general unsecured and unfunded obligations.
• Investment Options: Participants may designate notional investment options selected by the Plan administrator.
• Contributions & Matching: There is no employer match or similar mandatory contribution, though the company retains discretion to make contributions.
• Trust Funding: The company may establish a rabbi trust to assist with paying benefits, subject to general creditor claims in insolvency.
• Distributions: Participants may elect lump-sum or installment distributions based on separation from service or specified dates.

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Market & Trading Impact Assessment

• Trading Significance: Low.
• Analysis: The implementation of an unfunded non-qualified deferred compensation plan is a standard corporate compensation management practice. It does not introduce equity dilution, direct cash strain, or material changes to existing executive base/bonus target levels.