EX-99.1 2 ex991-item50204242026.htm EX-99.1 Document Contacts Media Investors Rob Gruening Suzanne DuLong (206) 272-6208 (206) 272-7049 r.gruening@f5.com s.dulong@f5.com F5 Adds Anand Eswaran to its Board of Directors SEATTLE - April 28, 2026 - F5, Inc. (NASDAQ: FFIV), the global leader in delivering and securing every app and API, today announced the appointment of Anand Eswaran to its board of directors. Eswaran’s executive-level experience at innovative software companies makes him a valuable addition to F5’s board. Mr. Eswaran joined F5’s board effective April 24, 2026 and will serve as a member of the board’s Audit and Talent and Compensation Committees. “Anand brings deep technology leadership to the F5 board and a strong track record of driving growth and innovation,” said François Locoh-Donou, F5’s Chairman, President, and CEO. “His expertise in navigating today’s complex, rapidly evolving digital landscape while also helping technology companies scale successfully make him a valuable addition to the F5 team. Anand’s experience will be instrumental as F5 continues delivering the innovations customers need for an AI-d…
Open exhibit ↗Current Report · Items 5.02, 8.01, 9.01 · 8-K
F5, Inc.
FFIVNASDAQEQUITYCurrent
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Other Events
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On April 24, 2026, the Board of Directors (the “Board”) of F5, Inc. (the “Company”) appointed Mr. Anand Eswaran as a director. Mr. Eswaran will serve as a member of the Board’s Audit and Talent and Compensation Committees.…
Disclosure sections
Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On April 24, 2026, the Board of Directors (the “Board”) of F5, Inc. (the “Company”) appointed Mr. Anand Eswaran as a director. Mr. Eswaran will serve as a member of the Board’s Audit and Talent and Compensation Committees.
In connection with his services as a director, Mr. Eswaran will be entitled to the customary compensation arrangements for the Company’s non-employee directors as set forth in the F5, Inc. Non-Employee Director Program (as well as entering into the Company’s standard indemnification agreement for directors and officers): an annual retainer in the amount of $60,000 and an annual payment of $20,000 and $12,500 as a member of the Audit and Talent and Compensation Committees, respectively. Also as set forth in the F5, Inc, Non-Employee Director Program, the Board approved a restricted stock unit grant to Mr. Eswaran, effective May 1, 2026, under the F5, Inc. 2026 Incentive Award Plan, with an annual grant value of $275,000.
Item 8.01Item 8.01 - Other Events
Item 8.01 Other Events
On April 28, 2026, the Company issued a press release announcing the election to the Board of Mr. Eswaran. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.