Planet Expects to Nominate Former YouTube CEO, Susan Wojcicki, for Election to the Board of Directors at Next Annual General Meeting

Rhea-AI Summary

Planet Labs PBC (NYSE: PL) is a leading provider of daily data and insights in the stock market.

SAN FRANCISCO--(BUSINESS WIRE)-- Planet Labs PBC (NYSE: PL) (“Planet” or the “Company”), a leading provider of daily data and insights about Earth, today announced Susan Wojcicki is expected to be nominated by Planet’s Board of Directors (the “Board”) for election to the Board at the Company’s 2024 annual general meeting (AGM). With over two decades of leadership experience in the technology industry helping to scale disruptive companies, Planet believes Ms. Wojcicki is uniquely positioned to support the Company’s continued growth and scalability across markets as an independent director.

“I am delighted at the opportunity to have Susan join Planet’s Board of Directors. She has a distinguished career in building some of the world’s most successful technology companies and her expertise in growing and scaling organizations will be tremendously impactful towards achieving Planet’s goals,” said Will Marshall, co-founder and CEO of Planet. “I feel confident that Susan’s support and direction will bring continued growth and momentum for Planet’s business.”

“I have strong conviction in the opportunity ahead for Planet’s solutions as their data proves critical to understanding change across broad areas,” said Susan Wojcicki. “I’m incredibly excited about the opportunity to advise the Company on further scaling the adoption of these solutions globally, and I am drawn to the potential that products like Planet’s new Forest Carbon Diligence product present for the future of sustainability.”

Ms. Wojcicki served as the Chief Executive Officer of Alphabet subsidiary, YouTube, a digital video platform, from 2014-2023 where she oversaw the release of YouTube’s most influential products and grew the platform to over 2 billion users. Prior to leading YouTube, Ms. Wojcicki held various positions in marketing and product development at Google before serving as Senior Vice President of Advertising & Commerce, helping to define the vision and direction of Google's monetization platform. Before Google, Ms. Wojcicki worked at Intel Corporation and served as a management consultant at consulting firms Bain & Company and R.B. Webber & Company. Ms. Wojcicki graduated with honors from Harvard University and received an M.S. in Economics from University of California, Santa Cruz, and an M.B.A. from UCLA.

About Planet Labs PBC

Planet is a leading provider of global, daily satellite imagery and geospatial solutions. Planet is driven by a mission to image the world every day, and make change visible, accessible and actionable. Founded in 2010 by three NASA scientists, Planet designs, builds, and operates the largest Earth observation fleet of imaging satellites. Planet provides mission-critical data, advanced insights, and software solutions to over 950 customers, comprising the world’s leading agriculture, forestry, intelligence, education and finance companies and government agencies, enabling users to simply and effectively derive unique value from satellite imagery. Planet is a public benefit corporation listed on the New York Stock Exchange as PL. To learn more visit www.planet.com and follow us on Twitter.

Forward Looking Statements

Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Planet’s expectations regarding the nomination and election of Ms. Wojcicki to the Company’s board of directors and Planet’s future growth and scalability. Forward-looking statements are based on the Company’s management’s beliefs, as well as assumptions made by, and information currently available to them. Because such statements are based on expectations as to future events and results and are not statements of fact, actual results may differ materially from those projected. Factors which may cause actual results to differ materially from current expectations include, but are not limited to, risks related to Planet’s director nomination and election process. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in the Company's periodic reports, proxy statements, and other disclosure materials filed from time to time with the Securities and Exchange Commission (SEC), which are available online at www.sec.gov, and on the Company's website at www.planet.com. All forward-looking statements reflect the Company’s beliefs and assumptions only as of the date such statements are made. The Company undertakes no obligation to update forward-looking statements to reflect future events or circumstances.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231220251003/en/

Planet Press

Sarah Bates

press@planet.com



Planet Investor Relations

Chris Genualdi

ir@planet.com

Source: Planet

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