On August 4, 2021, HubSpot, Inc. announced that, effective September 7, 2021, Brian Halligan will transition from his role as president of the company and will become executive chairman of the company’s board of directors. As Executive Chairman, Mr. Halligan will continue to play a meaningful role in driving the company’s long-term strategy, including partner and product strategy. On the same date, the company announced that Yamini Rangan, currently the company’s chief customer officer, has been appointed by the board of directors to serve as the company’s president, effective September 7, 2021 and upon Mr. Halligan’s transition from his current executive positions at the company. In connection with her appointment president, Ms. Rangan will replace Mr. Halligan as the company’s principal executive officer. The board of directors also approved an increase in the size of the board of directors to ten members and in the size of Class III from three to four, and the appointment of Ms. Rangan as a Class III director, in each case effective September 7, 2021. Ms. Rangan will serve as a Class III director of the Company until the company’s 2023 annual meeting of stockholders.