Backblaze, Inc. — Call Transcript 2026

Good day, everyone, and welcome to the Backblaze annual meeting. Now, here is your host, Gleb Budman. Please go ahead. Good day, everyone. I'm Gleb Budman, Founder, CEO, and Chairman of the Board of Directors of Backblaze. It's my pleasure to welcome you to our 2026 annual meeting of stockholders. Before I call the meeting to order, I'd like to note that I'm joined today by other members of our Board of Directors and executive team, and Deloitte & Touche, our independent registered public accounting firm. We also have a representative from L2 Elections, who is serving as our independent inspector of elections today. The meeting is now called to order. Evangeline Cheung, our Head of Legal and Compliance and Corporate Secretary, will walk us through the formal portion of our stockholder meeting and voting proposals. Thank you, Gleb Budman. The formal portion of the annual stockholder meeting is now called to order. The meeting will be conducted in accordance with our annual meeting rules of conduct. Stockholders who are officially logged into the virtual meeting platform can also enter questions via the web portal. I have proof by an affidavit signed by a Backblaze representative that notice of this meeting has been duly given, and that notice of internet availability regarding the meeting was mailed on or about April 15, 2026, to all stockholders of record at the close of business on April 1st, 2026, and that the proxy statement and our annual report for the year ended December 31st, 2025, were made available to stockholders. The affidavit, together with copies of the notice, proxy statement, proxy card, and other proxy materials, will be filed with the meeting minutes. At this time, I would like to welcome Lou Larson from L2 Elections, who will be serving as the independent inspector of the elections. The inspector of elections' function is to review the qualifications of voters, accept qualified votes, and to tally the final votes. The inspector of elections has taken an oath of office to duly execute such duties. We will also file this oath with the meeting minutes. The inspector of elections has examined the proxy received and reports that over 69% of the voting power of the shares of stock issued and outstanding and entitled to vote at the meeting are duly represented at this meeting. This constitutes a quorum for the meeting. It is now 11:03 A.M. Pacific Time on Tuesday, May 26th, 2026. The polls are open for voting. We have a single class of Class A common stock outstanding. Each holder of Class A common stock will have the right to one vote per share of Class A stock. If you have turned in a proxy or voted via telephone or the internet and do not intend to change your vote, your votes will be counted, and it is not necessary to vote at this meeting. If you're a stockholder of record and did not already vote, or if you wish to change your vote, you can vote electronically now by submitting a virtual ballot using the link on the meeting portal. Upon the closing of the polls, no ballots, proxies or votes, nor any changes will be accepted. There are two matters to be considered by stockholders at this meeting. The first proposal is the election of one Class two director. The Class two director will serve for a term of three years until the 2029 annual meeting of stockholders, or until her respective successor has been elected or appointed. Jocelyn Carter-Miller has been nominated by Backblaze board of directors to serve as Class two director. The second proposal is to ratify the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026. These are the only items of formal business of the meeting. It is now 11:04 A.M. Pacific Time, I hereby declare the voting polls are closed. The ballots and proxies will be held by the inspector of elections, who will count the votes and provide a final report on the voting results. Based on preliminary voting results, the Class two director nomination for Jocelyn Carter-Miller and the ratification of Deloitte & Touche as the company's independent registered public accounting firm have all been approved. Final voting results will be made available on Form 8-K, which will be publicly filed with the Securities and Exchange Commission within four business days after the end of today's meeting. This concludes the formal portion of the annual meeting. I will now turn the meeting back to Gleb. Thank you, Evangeline. As there's no further business, our 2026 annual meeting of stockholders is hereby adjourned. Thank you for your time today. That concludes our meeting today. You may now disconnect.

Speaker 3: Good day, everyone, and welcome to the Backblaze annual meeting. Now, here is your host, Gleb Budman. Please go ahead. Good day, everyone, and welcome to the Backblaze annual meeting. good day everyone and welcome to the backblaze annual meeting Now, here is your host, Gleb Budman. now here is your host gleb budman Please go ahead. please go ahead

Speaker 2: Good day, everyone. I'm Gleb Budman, Founder, CEO, and Chairman of the Board of Directors of Backblaze. It's my pleasure to welcome you to our 2026 annual meeting of stockholders. Before I call the meeting to order, I'd like to note that I'm joined today by other members of our Board of Directors and executive team, and Deloitte & Touche, our independent registered public accounting firm. We also have a representative from L2 Elections, who is serving as our independent inspector of elections today. The meeting is now called to order. Evangeline Cheung, our Head of Legal and Compliance and Corporate Secretary, will walk us through the formal portion of our stockholder meeting and voting proposals. Good day, everyone. good day everyone I'm Gleb Budman, Founder, CEO, and Chairman of the Board of Directors of Backblaze. i'm gleb budman founder ceo and chairman of the board of directors of backblaze It's my pleasure to welcome you to our 2026 annual meeting of stockholders. it's my pleasure to welcome you to our 2026 annual meeting of stockholders Before I call the meeting to order, I'd like to note that I'm joined today by other members of our Board of Directors and executive team, and Deloitte & Touche, our independent registered public accounting firm. before i call the meeting to order i'd like to note that i'm joined today by other members of our board of directors and executive team and deloitte & touche our independent registered public accounting firm We also have a representative from L2 Elections, who is serving as our independent inspector of elections today. we also have a representative from l2 elections who is serving as our independent inspector of elections today The meeting is now called to order. the meeting is now called to order Evangeline Cheung, our Head of Legal and Compliance and Corporate Secretary, will walk us through the formal portion of our stockholder meeting and voting proposals. evangeline cheung our head of legal and compliance and corporate secretary will walk us through the formal portion of our stockholder meeting and voting proposals

Speaker 1: Thank you, Gleb Budman. The formal portion of the annual stockholder meeting is now called to order. The meeting will be conducted in accordance with our annual meeting rules of conduct. Stockholders who are officially logged into the virtual meeting platform can also enter questions via the web portal. I have proof by an affidavit signed by a Backblaze representative that notice of this meeting has been duly given, and that notice of internet availability regarding the meeting was mailed on or about April 15, 2026, to all stockholders of record at the close of business on April 1st, 2026, and that the proxy statement and our annual report for the year ended December 31st, 2025, were made available to stockholders. The affidavit, together with copies of the notice, proxy statement, proxy card, and other proxy materials, will be filed with the meeting minutes. Thank you, Gleb Budman. thank you gleb budman The formal portion of the annual stockholder meeting is now called to order. the formal portion of the annual stockholder meeting is now called to order The meeting will be conducted in accordance with our annual meeting rules of conduct. the meeting will be conducted in accordance with our annual meeting rules of conduct Stockholders who are officially logged into the virtual meeting platform can also enter questions via the web portal. stockholders who are officially logged into the virtual meeting platform can also enter questions via the web portal I have proof by an affidavit signed by a Backblaze representative that notice of this meeting has been duly given, and that notice of internet availability regarding the meeting was mailed on or about April 15, 2026, to all stockholders of record at the close of business on April 1st, 2026, and that the proxy statement and our annual report for the year ended December 31st, 2025, were made available to stockholders. i have proof by an affidavit signed by a backblaze representative that notice of this meeting has been duly given and that notice of internet availability regarding the meeting was mailed on or about april 15 2026 to all stockholders of record at the close of business on april 1st 2026 and that the proxy statement and our annual report for the year ended december 31st 2025 were made available to stockholders The affidavit, together with copies of the notice, proxy statement, proxy card, and other proxy materials, will be filed with the meeting minutes. the affidavit together with copies of the notice proxy statement proxy card and other proxy materials will be filed with the meeting minutes At this time, I would like to welcome Lou Larson from L2 Elections, who will be serving as the independent inspector of the elections. The inspector of elections' function is to review the qualifications of voters, accept qualified votes, and to tally the final votes. The inspector of elections has taken an oath of office to duly execute such duties. We will also file this oath with the meeting minutes. The inspector of elections has examined the proxy received and reports that over 69% of the voting power of the shares of stock issued and outstanding and entitled to vote at the meeting are duly represented at this meeting. This constitutes a quorum for the meeting. It is now 11:03 A.M. Pacific Time on Tuesday, May 26th, 2026. The polls are open for voting. We have a single class of Class A common stock outstanding. At this time, I would like to welcome Lou Larson from L2 Elections, who will be serving as the independent inspector of the elections. at this time i would like to welcome lou larson from l2 elections who will be serving as the independent inspector of the elections The inspector of elections' function is to review the qualifications of voters, accept qualified votes, and to tally the final votes. the inspector of elections' function is to review the qualifications of voters accept qualified votes and to tally the final votes The inspector of elections has taken an oath of office to duly execute such duties. the inspector of elections has taken an oath of office to duly execute such duties We will also file this oath with the meeting minutes. we will also file this oath with the meeting minutes The inspector of elections has examined the proxy received and reports that over 69% of the voting power of the shares of stock issued and outstanding and entitled to vote at the meeting are duly represented at this meeting. the inspector of elections has examined the proxy received and reports that over 69% of the voting power of the shares of stock issued and outstanding and entitled to vote at the meeting are duly represented at this meeting This constitutes a quorum for the meeting. this constitutes a quorum for the meeting It is now 11:03 A.M. it is now 11:03 a.m Pacific Time on Tuesday, May 26th, 2026. pacific time on tuesday may 26th 2026 The polls are open for voting. the polls are open for voting We have a single class of Class A common stock outstanding. we have a single class of class a common stock outstanding Each holder of Class A common stock will have the right to one vote per share of Class A stock. If you have turned in a proxy or voted via telephone or the internet and do not intend to change your vote, your votes will be counted, and it is not necessary to vote at this meeting. If you're a stockholder of record and did not already vote, or if you wish to change your vote, you can vote electronically now by submitting a virtual ballot using the link on the meeting portal. Upon the closing of the polls, no ballots, proxies or votes, nor any changes will be accepted. There are two matters to be considered by stockholders at this meeting. The first proposal is the election of one Class two director. Each holder of Class A common stock will have the right to one vote per share of Class A stock. each holder of class a common stock will have the right to one vote per share of class a stock If you have turned in a proxy or voted via telephone or the internet and do not intend to change your vote, your votes will be counted, and it is not necessary to vote at this meeting. if you have turned in a proxy or voted via telephone or the internet and do not intend to change your vote your votes will be counted and it is not necessary to vote at this meeting If you're a stockholder of record and did not already vote, or if you wish to change your vote, you can vote electronically now by submitting a virtual ballot using the link on the meeting portal. if you're a stockholder of record and did not already vote or if you wish to change your vote you can vote electronically now by submitting a virtual ballot using the link on the meeting portal Upon the closing of the polls, no ballots, proxies or votes, nor any changes will be accepted. upon the closing of the polls no ballots proxies or votes nor any changes will be accepted There are two matters to be considered by stockholders at this meeting. there are two matters to be considered by stockholders at this meeting The first proposal is the election of one Class two director. the first proposal is the election of one class two director The Class two director will serve for a term of three years until the 2029 annual meeting of stockholders, or until her respective successor has been elected or appointed. Jocelyn Carter-Miller has been nominated by Backblaze board of directors to serve as Class two director. The second proposal is to ratify the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026. These are the only items of formal business of the meeting. It is now 11:04 A.M. Pacific Time, I hereby declare the voting polls are closed. The ballots and proxies will be held by the inspector of elections, who will count the votes and provide a final report on the voting results. The Class two director will serve for a term of three years until the 2029 annual meeting of stockholders, or until her respective successor has been elected or appointed. the class two director will serve for a term of three years until the 2029 annual meeting of stockholders or until her respective successor has been elected or appointed Jocelyn Carter-Miller has been nominated by Backblaze board of directors to serve as Class two director. jocelyn carter-miller has been nominated by backblaze board of directors to serve as class two director The second proposal is to ratify the appointment of Deloitte & Touche LLP as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026. the second proposal is to ratify the appointment of deloitte & touche llp as the company's independent registered public accounting firm for the fiscal year ending december 31st 2026 These are the only items of formal business of the meeting. these are the only items of formal business of the meeting It is now 11:04 A.M. it is now 11:04 a.m Pacific Time, I hereby declare the voting polls are closed. pacific time i hereby declare the voting polls are closed The ballots and proxies will be held by the inspector of elections, who will count the votes and provide a final report on the voting results. the ballots and proxies will be held by the inspector of elections who will count the votes and provide a final report on the voting results Based on preliminary voting results, the Class two director nomination for Jocelyn Carter-Miller and the ratification of Deloitte & Touche as the company's independent registered public accounting firm have all been approved. Final voting results will be made available on Form 8-K, which will be publicly filed with the Securities and Exchange Commission within four business days after the end of today's meeting. This concludes the formal portion of the annual meeting. I will now turn the meeting back to Gleb. Based on preliminary voting results, the Class two director nomination for Jocelyn Carter-Miller and the ratification of Deloitte & Touche as the company's independent registered public accounting firm have all been approved. based on preliminary voting results the class two director nomination for jocelyn carter-miller and the ratification of deloitte & touche as the company's independent registered public accounting firm have all been approved Final voting results will be made available on Form 8-K, which will be publicly filed with the Securities and Exchange Commission within four business days after the end of today's meeting. final voting results will be made available on form 8-k which will be publicly filed with the securities and exchange commission within four business days after the end of today's meeting This concludes the formal portion of the annual meeting. this concludes the formal portion of the annual meeting I will now turn the meeting back to Gleb. i will now turn the meeting back to gleb

Speaker 2: Thank you, Evangeline. As there's no further business, our 2026 annual meeting of stockholders is hereby adjourned. Thank you for your time today. Thank you, Evangeline. thank you evangeline As there's no further business, our 2026 annual meeting of stockholders is hereby adjourned. as there's no further business our 2026 annual meeting of stockholders is hereby adjourned Thank you for your time today. thank you for your time today

Speaker 3: That concludes our meeting today. You may now disconnect. That concludes our meeting today. that concludes our meeting today You may now disconnect. you may now disconnect