Coinbase Global, Inc. — Call Transcript 2026

Good morning, and welcome to the Coinbase Global, Inc. 2026 Annual Meeting of Shareholders. Please note that this event is being held via live webcast. I will now turn the meeting over to Brian Armstrong, Chief Executive Officer and Chairman of the Board of Directors of Coinbase. Thank you. Welcome to our 2026 Annual Meeting of Shareholders. I will act as the chairman of this annual meeting and now call the meeting to order. We're excited to be hosting our annual meeting virtually. A virtual shareholder meeting is aligned with our values as a remote-first company and enables participation from our community. Thanks, Brian. I'm Molly Abraham, Vice President, Legal at Coinbase, and I will act as the Secretary of this meeting and keep the minutes. I'm advised by the Inspector of Elections that over a majority of the voting power of our outstanding shares of Class A and Class B common stock entitled to vote at this meeting is present or represented by proxy here today, and a quorum is therefore present. Polls are now open for voting. Any shareholder who has not voted or wishes to change their vote may do so by clicking on the Vote Here button on the webcast portal and following the instructions. Shareholders who have sent in proxies or previously voted via the internet, by phone, or by mail and who do not wish to change their vote do not need to take further action. These votes will be counted automatically. We expect to close the polls after we present the matters to be voted on and the question and answer session. In addition to Brian and myself, we are also joined on this call today by members of our board of directors, as well as members of our leadership team. I'd also like to introduce representatives of Deloitte & Touche, our independent registered public accounting firm. They will be available during the question and answer session to respond to appropriate questions. Also joining us today is Jim Rade of American Election Services, who has executed the oath of Inspector of Elections and will act as the Inspector of Elections for this meeting and tabulate voting results. After we present the matters to be voted on, we will hold a question and answer session. Shareholders may submit questions through the web portal with a limit of one question per shareholder. We will only answer questions regarding matters to be voted on at this meeting, and we ask that you follow the posted rules of conduct so that the meeting is orderly. This meeting is being recorded, but no one attending via the webcast is permitted to use any recording device. A webcast playback will be available at the same link for this meeting within 24 hours. Let me now turn to the formal business of this meeting. The first proposal is the election of nine continuing directors, each for a one-year term expiring at our 2027 Annual Meeting of Shareholders and until his or her successor has been duly elected and qualified, or until his or her earlier death, resignation, disqualification, or removal. The director nominees are Brian Armstrong, Marc L. Andreessen, Christina Davies, Frederick Ernest Ehrsam III, Kelly A. Kramer, Chris Lehane, Tobias Lütke, Gokul Rajaram, and Fred Wilson. Our board of directors recommends that you vote for all in the election of these nominees. As secretary of the meeting and on behalf of the board of directors, I move for the election of each of the nominated directors, which motion is seconded by proxy. The second proposal is the ratification of the appointment of Deloitte as our independent registered public accounting firm for the year ending December 31, 2026. Our board of directors recommends that you vote for this proposal. As secretary of the meeting and on behalf of the board of directors, I move for approval of this proposal, which motion is seconded by proxy. No other matters have been properly presented by our shareholders to be considered at today's meeting. Please note that we will not address questions that are irrelevant to the matters presented at this meeting. If we do not receive any relevant questions, we will conclude the question and answer session. We will now pause for a moment to assemble the queue of questions. We do not see any questions and will therefore conclude the question and answer session. We will leave the polls open for approximately one more minute to allow anyone who chooses to vote here to cast ballots. The time begins now. Now that everyone has had the opportunity to vote, the polls are closed. Based on the preliminary results tabulated by the Inspector of Elections, we can report that each of the nine director nominees is elected to the board of directors, and the appointment of Deloitte as our independent registered public accounting firm for the year ending December 31, 2026, is ratified. We expect to report final results within four business days on a Form 8-K. I now declare the meeting adjourned. The meeting has now concluded. Thank you for joining, and have a pleasant day.

Speaker 3: Good morning, and welcome to the Coinbase Global, Inc. 2026 Annual Meeting of Shareholders. Please note that this event is being held via live webcast. I will now turn the meeting over to Brian Armstrong, Chief Executive Officer and Chairman of the Board of Directors of Coinbase. Good morning, and welcome to the Coinbase Global, Inc. 2026 Annual Meeting of Shareholders. good morning and welcome to the coinbase global inc 2026 annual meeting of shareholders Please note that this event is being held via live webcast. please note that this event is being held via live webcast I will now turn the meeting over to Brian Armstrong, Chief Executive Officer and Chairman of the Board of Directors of Coinbase. i will now turn the meeting over to brian armstrong chief executive officer and chairman of the board of directors of coinbase

Speaker 1: Thank you. Welcome to our 2026 Annual Meeting of Shareholders. I will act as the chairman of this annual meeting and now call the meeting to order. We're excited to be hosting our annual meeting virtually. A virtual shareholder meeting is aligned with our values as a remote-first company and enables participation from our community. Thank you. thank you Welcome to our 2026 Annual Meeting of Shareholders. welcome to our 2026 annual meeting of shareholders I will act as the chairman of this annual meeting and now call the meeting to order. i will act as the chairman of this annual meeting and now call the meeting to order We're excited to be hosting our annual meeting virtually. we're excited to be hosting our annual meeting virtually A virtual shareholder meeting is aligned with our values as a remote-first company and enables participation from our community. a virtual shareholder meeting is aligned with our values as a remote-first company and enables participation from our community

Speaker 2: Thanks, Brian. I'm Molly Abraham, Vice President, Legal at Coinbase, and I will act as the Secretary of this meeting and keep the minutes. I'm advised by the Inspector of Elections that over a majority of the voting power of our outstanding shares of Class A and Class B common stock entitled to vote at this meeting is present or represented by proxy here today, and a quorum is therefore present. Polls are now open for voting. Any shareholder who has not voted or wishes to change their vote may do so by clicking on the Vote Here button on the webcast portal and following the instructions. Shareholders who have sent in proxies or previously voted via the internet, by phone, or by mail and who do not wish to change their vote do not need to take further action. These votes will be counted automatically. Thanks, Brian. thanks brian I'm Molly Abraham, Vice President, Legal at Coinbase, and I will act as the Secretary of this meeting and keep the minutes. i'm molly abraham vice president legal at coinbase and i will act as the secretary of this meeting and keep the minutes I'm advised by the Inspector of Elections that over a majority of the voting power of our outstanding shares of Class A and Class B common stock entitled to vote at this meeting is present or represented by proxy here today, and a quorum is therefore present. i'm advised by the inspector of elections that over a majority of the voting power of our outstanding shares of class a and class b common stock entitled to vote at this meeting is present or represented by proxy here today and a quorum is therefore present Polls are now open for voting. polls are now open for voting Any shareholder who has not voted or wishes to change their vote may do so by clicking on the Vote Here button on the webcast portal and following the instructions. any shareholder who has not voted or wishes to change their vote may do so by clicking on the vote here button on the webcast portal and following the instructions Shareholders who have sent in proxies or previously voted via the internet, by phone, or by mail and who do not wish to change their vote do not need to take further action. shareholders who have sent in proxies or previously voted via the internet by phone or by mail and who do not wish to change their vote do not need to take further action These votes will be counted automatically. these votes will be counted automatically We expect to close the polls after we present the matters to be voted on and the question and answer session. In addition to Brian and myself, we are also joined on this call today by members of our board of directors, as well as members of our leadership team. I'd also like to introduce representatives of Deloitte & Touche, our independent registered public accounting firm. They will be available during the question and answer session to respond to appropriate questions. Also joining us today is Jim Rade of American Election Services, who has executed the oath of Inspector of Elections and will act as the Inspector of Elections for this meeting and tabulate voting results. After we present the matters to be voted on, we will hold a question and answer session. Shareholders may submit questions through the web portal with a limit of one question per shareholder. We expect to close the polls after we present the matters to be voted on and the question and answer session. we expect to close the polls after we present the matters to be voted on and the question and answer session In addition to Brian and myself, we are also joined on this call today by members of our board of directors, as well as members of our leadership team. in addition to brian and myself we are also joined on this call today by members of our board of directors as well as members of our leadership team I'd also like to introduce representatives of Deloitte & Touche, our independent registered public accounting firm. i'd also like to introduce representatives of deloitte & touche our independent registered public accounting firm They will be available during the question and answer session to respond to appropriate questions. they will be available during the question and answer session to respond to appropriate questions Also joining us today is Jim Rade of American Election Services, who has executed the oath of Inspector of Elections and will act as the Inspector of Elections for this meeting and tabulate voting results. also joining us today is jim rade of american election services who has executed the oath of inspector of elections and will act as the inspector of elections for this meeting and tabulate voting results After we present the matters to be voted on, we will hold a question and answer session. after we present the matters to be voted on we will hold a question and answer session Shareholders may submit questions through the web portal with a limit of one question per shareholder. shareholders may submit questions through the web portal with a limit of one question per shareholder We will only answer questions regarding matters to be voted on at this meeting, and we ask that you follow the posted rules of conduct so that the meeting is orderly. This meeting is being recorded, but no one attending via the webcast is permitted to use any recording device. A webcast playback will be available at the same link for this meeting within 24 hours. Let me now turn to the formal business of this meeting. The first proposal is the election of nine continuing directors, each for a one-year term expiring at our 2027 Annual Meeting of Shareholders and until his or her successor has been duly elected and qualified, or until his or her earlier death, resignation, disqualification, or removal. The director nominees are Brian Armstrong, Marc L. Andreessen, Christina Davies, Frederick Ernest Ehrsam III, Kelly A. Kramer, Chris Lehane, Tobias Lütke, Gokul Rajaram, and Fred Wilson. We will only answer questions regarding matters to be voted on at this meeting, and we ask that you follow the posted rules of conduct so that the meeting is orderly. we will only answer questions regarding matters to be voted on at this meeting and we ask that you follow the posted rules of conduct so that the meeting is orderly This meeting is being recorded, but no one attending via the webcast is permitted to use any recording device. this meeting is being recorded but no one attending via the webcast is permitted to use any recording device A webcast playback will be available at the same link for this meeting within 24 hours. a webcast playback will be available at the same link for this meeting within 24 hours Let me now turn to the formal business of this meeting. let me now turn to the formal business of this meeting The first proposal is the election of nine continuing directors, each for a one-year term expiring at our 2027 Annual Meeting of Shareholders and until his or her successor has been duly elected and qualified, or until his or her earlier death, resignation, disqualification, or removal. the first proposal is the election of nine continuing directors each for a one-year term expiring at our 2027 annual meeting of shareholders and until his or her successor has been duly elected and qualified or until his or her earlier death resignation disqualification or removal The director nominees are Brian Armstrong, Marc L. the director nominees are brian armstrong marc l Andreessen, Christina Davies, Frederick Ernest Ehrsam III, Kelly A. andreessen christina davies frederick ernest ehrsam iii kelly a Kramer, Chris Lehane, Tobias Lütke, Gokul Rajaram, and Fred Wilson. kramer chris lehane tobias lütke gokul rajaram and fred wilson Our board of directors recommends that you vote for all in the election of these nominees. As secretary of the meeting and on behalf of the board of directors, I move for the election of each of the nominated directors, which motion is seconded by proxy. The second proposal is the ratification of the appointment of Deloitte as our independent registered public accounting firm for the year ending December 31, 2026. Our board of directors recommends that you vote for this proposal. As secretary of the meeting and on behalf of the board of directors, I move for approval of this proposal, which motion is seconded by proxy. No other matters have been properly presented by our shareholders to be considered at today's meeting. Our board of directors recommends that you vote for all in the election of these nominees. our board of directors recommends that you vote for all in the election of these nominees As secretary of the meeting and on behalf of the board of directors, I move for the election of each of the nominated directors, which motion is seconded by proxy. as secretary of the meeting and on behalf of the board of directors i move for the election of each of the nominated directors which motion is seconded by proxy The second proposal is the ratification of the appointment of Deloitte as our independent registered public accounting firm for the year ending December 31, 2026. the second proposal is the ratification of the appointment of deloitte as our independent registered public accounting firm for the year ending december 31 2026 Our board of directors recommends that you vote for this proposal. our board of directors recommends that you vote for this proposal As secretary of the meeting and on behalf of the board of directors, I move for approval of this proposal, which motion is seconded by proxy. as secretary of the meeting and on behalf of the board of directors i move for approval of this proposal which motion is seconded by proxy No other matters have been properly presented by our shareholders to be considered at today's meeting. no other matters have been properly presented by our shareholders to be considered at today's meeting Please note that we will not address questions that are irrelevant to the matters presented at this meeting. If we do not receive any relevant questions, we will conclude the question and answer session. We will now pause for a moment to assemble the queue of questions. We do not see any questions and will therefore conclude the question and answer session. We will leave the polls open for approximately one more minute to allow anyone who chooses to vote here to cast ballots. The time begins now. Now that everyone has had the opportunity to vote, the polls are closed. Based on the preliminary results tabulated by the Inspector of Elections, we can report that each of the nine director nominees is elected to the board of directors, and the appointment of Deloitte as our independent registered public accounting firm for the year ending December 31, 2026, is ratified. Please note that we will not address questions that are irrelevant to the matters presented at this meeting. please note that we will not address questions that are irrelevant to the matters presented at this meeting If we do not receive any relevant questions, we will conclude the question and answer session. if we do not receive any relevant questions we will conclude the question and answer session We will now pause for a moment to assemble the queue of questions. we will now pause for a moment to assemble the queue of questions We do not see any questions and will therefore conclude the question and answer session. we do not see any questions and will therefore conclude the question and answer session We will leave the polls open for approximately one more minute to allow anyone who chooses to vote here to cast ballots. we will leave the polls open for approximately one more minute to allow anyone who chooses to vote here to cast ballots The time begins now. the time begins now Now that everyone has had the opportunity to vote, the polls are closed. now that everyone has had the opportunity to vote the polls are closed Based on the preliminary results tabulated by the Inspector of Elections, we can report that each of the nine director nominees is elected to the board of directors, and the appointment of Deloitte as our independent registered public accounting firm for the year ending December 31, 2026, is ratified. based on the preliminary results tabulated by the inspector of elections we can report that each of the nine director nominees is elected to the board of directors and the appointment of deloitte as our independent registered public accounting firm for the year ending december 31 2026 is ratified We expect to report final results within four business days on a Form 8-K. I now declare the meeting adjourned. We expect to report final results within four business days on a Form 8-K. we expect to report final results within four business days on a form 8-k I now declare the meeting adjourned. i now declare the meeting adjourned

Speaker 3: The meeting has now concluded. Thank you for joining, and have a pleasant day. The meeting has now concluded. the meeting has now concluded Thank you for joining, and have a pleasant day. thank you for joining and have a pleasant day