Director Paul Clement will not stand for re-election; board to shrink to nine

In a Form 8-K signed April 10, 2026, Coinbase disclosed that director Paul Clement told the company on April 7 that he will not stand for re-election when his term ends at the 2026 annual meeting. The board expects to cut its size from ten directors to nine at that point. This is a board-composition change rather than an operating event, so its trading impact is limited.

• Notice from director Paul Clement dated April 7, 2026
• Board expected to shrink from 10 directors to 9 when his term ends at the 2026 annual meeting
• 8-K signed by CFO Alesia Haas on April 10, 2026