

Throughout this proxy statement, we refer to stockholders who hold their shares through a broker, bank, or other nominee as “street name stockholders.” If you request a printed copy of our proxy materials by mail, your broker, bank, or other nominee will provide a voting instruction form for you to use. However, since a beneficial owner is not the stockholder of record, you may not vote your shares of our common stock live at the Annual Meeting unless you follow your broker’s procedures for obtaining a legal proxy. Beneficial owners are also invited to attend the Annual Meeting.
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As the beneficial owner, you have the right to direct your broker, bank, or other nominee as to how to vote your shares. If shares of our common stock are held on your behalf in a brokerage account or by a bank or other nominee, you are considered to be the beneficial owner of shares that are held in “street name,” and the Notice was forwarded to you by your broker or nominee, who is considered the stockholder of record with respect to those shares. The proxy materials and our 2019 annual report can be accessed by following the instructions in the Notice. The Notice of Internet Availability of Proxy Materials (the “ Notice”) containing instructions on how to access this proxy statement and our annual report is first being mailed on or about April 7, 2020 to all stockholders entitled to vote at the Annual Meeting. You will be able to attend the Annual Meeting virtually by visiting where you will be able to listen to the meeting live, submit questions and vote online. The Annual Meeting will be conducted virtually via live audio webcast.

The Annual Meeting will be held on Thursday, May 21, 2020 at 9:00 am Pacific Time. This proxy statement and the enclosed form of proxy are furnished in connection with the solicitation of proxies by our board of directors for use at the 2020 annual meeting of stockholders of Dropbox, Inc., a Delaware corporation, and any postponements, adjournments or continuations thereof (the “ Annual Meeting”).
