TABLE OF CONTENTS...TABLE OF CONTENTS TWITTER, INC. 1355 MARKET STREET, SUITE 900 SAN FRANCISCO,...

TABLE OF CONTENTS

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14APROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE

SECURITIES EXCHANGE ACT OF 1934

FiledbytheRegistrant☒ FiledbyaPartyotherthantheRegistrant ☐

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☐ PreliminaryProxyStatement

☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

☒ DefinitiveProxyStatement

☐ DefinitiveAdditionalMaterials

☐ SolicitingMaterialPursuantto§240.14a-11(c)or§240.14a-2

TWITTER, INC. (Name of Registrant as Specified In Its Charter)

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☐ FeecomputedontablebelowperExchangeActRules14a-6(i)(1)and0-11.

(1) Titleofeachclassofsecuritiestowhichtransactionapplies:

(2) Aggregatenumberofsecuritiestowhichtransactionapplies:

(3) PerunitpriceorotherunderlyingvalueoftransactioncomputedpursuanttoExchangeActRule0-11(setforththeamountonwhichthefilingfeeiscalculatedandstatehowitwasdetermined):

(4) Proposedmaximumaggregatevalueoftransaction:

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☐ CheckboxifanypartofthefeeisoffsetasprovidedbyExchangeActRule0-11(a)(2)andidentifythefilingforwhichtheoffsettingfeewaspaidpreviously.Identifythepreviousfilingbyregistrationstatementnumber,ortheFormorScheduleandthedateofitsfiling.

(1) AmountPreviouslyPaid:

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(4) DateFiled:

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TWITTER, INC. 1355 MARKET STREET, SUITE 900

SAN FRANCISCO, CALIFORNIA 94103

NOTICEOFANNUALMEETINGOFSTOCKHOLDERSToBeHeldat10:00a.m.PacificTimeonWednesday,May27,2020

DearStockholdersofTwitter,Inc.:

The 2020 annual meeting of stockholders (the “Annual Meeting”) of Twitter, Inc., a Delaware corporation (“Twitter”), will be held onWednesday, May 27, 2020 at 10:00 a.m. Pacific Time. The Annual Meeting will be a virtual meeting of stockholders, which will beconductedvialiveaudiowebcast.Webelievethatavirtualmeetingprovidesexpandedaccess,improvedcommunicationandcostsavingsforourstockholdersandTwitter.StockholderswillbeabletoattendandlistentotheAnnualMeetinglive,submitquestionsandvotetheirshareselectronicallyattheAnnualMeetingfromvirtuallyanylocationaroundtheworld.InordertoattendandvoteattheAnnualMeeting,pleasefollowtheinstructionsinthesectiontitled“QuestionsandAnswersAbouttheProxyMaterialsandOurAnnualMeeting—WhatdoIneedtodotoattendtheAnnualMeetingvirtually?”onpage5.

WeareholdingtheAnnualMeetingforthefollowingpurposes,asmorefullydescribedintheaccompanyingproxystatement:

1.ToelectthreeClassIdirectorstoserveuntilour2023annualmeetingofstockholdersanduntiltheirsuccessorsaredulyelectedandqualified;

2.Toapprove,onanadvisorybasis,thecompensationofournamedexecutiveofficers(“Say-on-Pay”);

3.To ratify the appointment of PricewaterhouseCoopers LLPas our independent registered public accounting firmfor our fiscal yearendingDecember31,2020;

4.ToconsiderandvoteuponastockholderproposalregardinganEEOpolicyriskreport,ifproperlypresentedattheAnnualMeeting;and

5.TotransactsuchotherbusinessasmayproperlycomebeforetheAnnualMeetingoranyadjournmentsorpostponementsthereof.

Our board of directors has fixed the close of business on April 3, 2020 as the record date (the “Record Date”) for the Annual Meeting.Stockholders of record as of the Record Date are entitled to notice of andto vote at the Annual Meeting. Further information regardingvotingrightsandthematterstobevoteduponispresentedintheaccompanyingproxystatement.

Thisproxystatementandourannualreportcanbeaccesseddirectlyatwww.proxyvote.com.Youwillbeaskedtoenterthe16-digitcontrolnumberlocatedonyourproxycard.

YOUR VOTE IS IMPORTANT. Whether or not you plan to attend the Annual Meeting, we urge you to submit your vote via theInternet, telephone or mail.

WeappreciateyourcontinuedsupportofTwitter.

ByorderoftheBoardofDirectors,

JackDorsey

ChiefExecutiveOfficerandDirector

SanFrancisco,California

April15,2020

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PAGE

QUESTIONSANDANSWERSABOUTTHEPROXYMATERIALSANDOURANNUALMEETING 2

BOARDOFDIRECTORSANDCORPORATEGOVERNANCE 8

ConsiderationsinEvaluatingDirectorNominees 9

NomineesforDirector 11

ContinuingDirectors 13

DirectorIndependence 17

BoardLeadershipStructureandRoleofOurLeadIndependentDirector 18

BoardMeetingsandCommittees 18

CompensationCommitteeInterlocksandInsiderParticipation 21

StockholderRecommendationsandNominationstotheBoardofDirectors 21

CommunicationswiththeBoardofDirectors 21

CorporateGovernanceOverview 22

CorporateGovernanceGuidelinesandCodeofBusinessConductandEthics 24

RiskManagement 24

ManagementSuccessionPlanning 25

DirectorCompensation 26

PROPOSALNO.1ELECTIONOFDIRECTORS 29

Nominees 29

VoteRequired 29

PROPOSALNO.2ADVISORYVOTEONNAMEDEXECUTIVEOFFICERCOMPENSATION 30

VoteRequired 30

PROPOSALNO.3RATIFICATIONOFAPPOINTMENTOFINDEPENDENTREGISTEREDPUBLICACCOUNTINGFIRM 31

FeesPaidtotheIndependentRegisteredPublicAccountingFirm 31

AuditorIndependence 31

AuditCommitteePolicyonPre-ApprovalofAuditandPermissibleNon-AuditServicesofIndependentRegisteredPublicAccountingFirm 31

VoteRequired 31

PROPOSALNO.4STOCKHOLDERPROPOSALREGARDINGANEEOPOLICYRISKREPORT 32

ProposalandSupportingStatementbyStockholderProponent 32

TheCompany’sStatementofOpposition 32

VoteRequired 33

REPORTOFTHEAUDITCOMMITTEE 34

EXECUTIVEOFFICERS 35

TWITTER,INC./2020ProxyStatement i

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PAGE

EXECUTIVECOMPENSATION 36

CompensationDiscussionandAnalysis 36

CompensationCommitteeReport 46

CompensationTables 47

EQUITYCOMPENSATIONPLANINFORMATION 55

SECURITYOWNERSHIPOFCERTAINBENEFICIALOWNERSANDMANAGEMENT 56

RELATEDPERSONTRANSACTIONS 58

PoliciesandProceduresforRelatedPersonTransactions 58

OTHERMATTERS 59

FiscalYear2019AnnualReportandSECFilings 59

SpecialNoteRegardingForward-LookingStatements 59

ii TWITTER,INC./2020ProxyStatement

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PROXYSTATEMENT

FOR2020ANNUALMEETINGOFSTOCKHOLDERS

TWITTER, INC.PROXY STATEMENT

FOR 2020 ANNUAL MEETING OF STOCKHOLDERS To Be Held at 10:00 a.m. Pacific Time on Wednesday, May 27, 2020

Thisproxystatementandtheenclosedformofproxyarefurnishedinconnectionwiththesolicitationofproxiesbyourboardofdirectorsforuseatthe2020annualmeetingofstockholdersofTwitter,Inc.,aDelawarecorporation(“Twitter”),andanypostponements,adjournmentsorcontinuationsthereof(the“AnnualMeeting”).TheAnnualMeetingwillbeheldonWednesday,May27,2020at10:00a.m.PacificTime.

TheAnnualMeetingwillbeavirtualmeetingofstockholders,whichwillbeconductedvialiveaudiowebcast.YouwillbeabletoattendandlistentotheAnnualMeetinglive,submitquestionsandvoteyourshareselectronicallyattheAnnualMeeting.InordertoattendandvoteattheAnnualMeeting,pleasefollowtheinstructionsinthesectiontitled“QuestionsandAnswersAbouttheProxyMaterialsandOurAnnualMeeting—WhatdoIneedtodotoattendtheAnnualMeetingvirtually?”onpage5.

TheNoticeofInternetAvailabilityofProxyMaterials(the“Notice”)containinginstructionsonhowtoaccessthisproxystatementandourannualreportisfirstbeingmailedonoraboutApril15,2020toallstockholdersentitledtovoteattheAnnualMeeting.

TWITTER,INC./2020ProxyStatement 1

Other than the four items of business described in this proxystatement, we are not aware of any other business to be actedupon at the Annual Meeting. You may be asked to consider anyotherbusinessthatproperlycomesbeforetheAnnualMeeting.

Whoisentitledtovote?Holders of our common stock as of the close of business onApril3,2020,thedateourboardofdirectorshassetastherecorddate (the “Record Date”), may vote at the Annual Meeting. As ofthe Record Date, there were 784,629,121 shares of our commonstockoutstanding.Indecidingallmattersatthe

Annual Meeting, each stockholder will be entitled to one vote foreachshareofourcommonstockheldbythemontheRecordDate.We do not have cumulative voting rights for the election ofdirectors.

Stockholders of Record

Ifsharesofourcommonstockareregistereddirectlyinyournamewith our transfer agent, you are considered the stockholder ofrecordwithrespect tothoseshares, andtheNoticewasprovidedto you directly by us. As the stockholder of record, you have theright to grant your voting proxy and indicate your voting choicesdirectlytotheindividualslistedon

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QUESTIONSANDANSWERSABOUTTHEPROXYMATERIALSANDOURANNUALMEETING

The information provided in the “question and answer” format below is for your convenience only and is merely a summary of theinformationcontainedinthisproxystatement.Youshouldreadthisentireproxystatementcarefully.Informationcontainedon,orthatcanbeaccessedthrough,ourwebsiteisnotintendedtobeincorporatedbyreferenceintothisproxystatementandreferencestoourwebsiteaddressinthisproxystatementareinactivetextualreferencesonly.

WhyareyouholdingavirtualAnnualMeeting?OurAnnualMeetingwillbeconductedvialiveaudiowebcastandonlinestockholdertools.Wehaveimplementedthevirtualformatinordertofacilitatestockholderattendanceandparticipationbyenablingstockholderstoparticipatefully,andequally,fromanylocationaroundtheworld, at no cost. However, you will bear any costs associated with your Internet access, such as usage charges fromInternet accessproviders and telephone companies. We believe this is the right choice for a company with a global footprint. A virtual Annual Meetingmakes it possible for more stockholders (regardless of size, resources or physical location) to have direct access to information morequickly,whilesavingthecompanyandourstockholderstimeandmoney,especiallyasphysicalattendanceatmeetingshasdwindled.Wealsobelievethattheonlinetoolswehaveselectedwillincreasestockholdercommunication.OurvirtualmeetingthisyearalsoprotectsthesafetyofeveryoneinlightoftheCOVID-19outbreak,andtakesintoaccountrecentfederal,stateandlocalguidancethathasbeenissued.Weremainverysensitivetoconcernsthatvirtualmeetingsmaydiminishstockholdervoiceorreduceaccountability.Accordingly,wehavedesignedourvirtualformattoenhance,ratherthanconstrain,stockholderaccess,participationandcommunication.Forexample,thevirtualformatallowsstockholderstocommunicatewithusinadvanceof,andduring,theAnnualMeetingsotheycanaskquestionsofourboardofdirectorsormanagement.Wedonotplacerestrictionsonthetypeorformofquestionsthatmaybeasked;however,wereservetherighttoedit profanity or other inappropriate language for publication. Just like we did when we held in-person meetings, during the live Q&AsessionoftheAnnualMeeting,weanswerquestionsastheycomeinandaddressthoseaskedinadvance,astimepermits.Areplayandawrittentranscriptofthemeetingwillbemadepubliclyavailableonourinvestorrelationssite.

WhatmattersamIvotingonandhowdoestheboardofdirectorsrecommendthatIvote?

PROPOSAL

TWITTER BOARD OF DIRECTORS

VOTING RECOMMENDATION

PAGE REFERENCE (FOR MORE

DETAIL)

(ProposalNo.1)TheelectionofthreeClassIdirectorstoserveuntilour2023annualmeetingofstockholdersanduntiltheirsuccessorsaredulyelectedandqualified. FOReachnominee 29

(ProposalNo.2)Theapproval,onanadvisorybasis,ofthecompensationofournamedexecutiveofficers(“Say-on-Pay”). FOR 30

(ProposalNo.3)RatificationoftheappointmentofPricewaterhouseCoopersLLPasourindependentregisteredpublicaccountingfirmforourfiscalyearendingDecember31,2020. FOR 31

(ProposalNo.4)AstockholderproposalregardinganEEOpolicyriskreport,ifproperlypresentedattheAnnualMeeting. AGAINST 32

2 TWITTER,INC./2020ProxyStatement

the proxy card or to vote virtually at the Annual Meeting.Throughout this proxy statement, we refer to these registeredstockholdersas“stockholdersofrecord.”

Street Name Stockholders

If shares of our common stock are held on your behalf in abrokerage account or by a bank or other nominee, you areconsidered to be the beneficial owner of shares that are held in“streetname,”andtheNoticewasforwardedtoyoubyyourbroker,bankorothernominee.Asthebeneficialowner,youhavetherighttodirectyourbroker,bankorothernomineeastohowtovoteyourshares in the manner provided in the voting instructions youreceivefromyourbroker,bankorothernominee.If yourequestaprinted copy of our proxy materials by mail, your broker, bank orothernomineewillprovideavotinginstructionformforyoutouse.Streetnamestockholdersare

also invited to attend the Annual Meeting. However, because astreetnamestockholderisnotthestockholderofrecord,youmaynot vote your shares of our commonstock virtually at the AnnualMeeting unless you follow your broker, bank or other nominee’sprocedures for obtaining a legal proxy. Throughout this proxystatement,werefertostockholderswhoholdtheirsharesthroughabroker,bankorothernomineeas“streetnamestockholders.”

Both stockholders of record and street namestockholders will beable to attend the Annual Meeting via live audio webcast, submittheir questions during the meeting and vote their shareselectronicallyattheAnnualMeeting.Formoreinformationonhowto attend the Annual Meeting, please see the section titled“Questions and Answers About the Proxy Materials and OurAnnual Meeting—What do I need to do to attend the AnnualMeetingvirtually?”onpage5.

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Howmanyvotesareneededforapprovalofeachproposal?

PROPOSALVOTE NEEDED FOR APPROVAL AND EFFECT OF

ABSTENTIONS AND BROKER NON-VOTES

(Proposal No. 1) The election of three Class I directors to serveuntil our 2023 annual meeting of stockholders and until theirsuccessorsaredulyelectedandqualified.

Our amended and restated bylaws (the “Bylaws”) provide formajorityvotingandourCorporateGovernanceGuidelinessetforththe related director resignation policy for our director nominees.Our Bylawsstate that to beelected in an uncontested election, anomineemust receiveamajority of thevotescast withrespect tosuch nominee (i.e., the number of shares voted “For” a nomineemust exceed the number of shares voted “Against” for thatnominee).

Abstentions will have no effect on the outcome of this proposal.Broker non-votes will have no effect on the outcome of thisproposal.

Under our Corporate Governance Guidelines, each nomineesubmits,inadvanceoftheirnomination,anirrevocableresignationthat will become effective if (i) the nominee fails to receive therequiredvoteattheAnnualMeetingand(ii)theboardofdirectorsacceptstheresignation.Thenominatingandcorporategovernancecommitteepromptlyconsiderswhethertoaccepttheresignationofanynomineewhofailstoreceivetherequirednumberofvotesforelection and submits such recommendation for consideration bytheboardof directors. In decidingwhether to accept or reject theresignation, the nominating and corporate governance committeeand the board of directors will consider any factors they deemrelevant.AnynomineewhotendershisorherresignationpursuanttoourCorporateGovernanceGuidelinesmaynotparticipateinthenominatingandcorporategovernancecommitteerecommendationor board of directors action regarding whether to accept theresignationoffer.


Whatisaquorum?Aquorumistheminimumnumberofsharesrequiredtobepresentat the Annual Meeting to properly hold an annual meeting andconduct business under our Bylaws and Delaware law. Thepresence, virtually or by proxy, of a majority of all issued andoutstanding shares of our common stock entitled to vote at theAnnual Meeting will constitute a quorum at the Annual Meeting.Abstentions, against votes and broker non-votes are counted assharespresent andentitled to vote for purposesof determiningaquorum.

HowdoIvote?Ifyouareastockholderofrecord,therearefourwaystovote:

• By Internet at www.proxyvote.com, 24 hours a day, sevendaysaweek,until11:59p.m.EasternTimeonMay26,2020(have your Notice or proxy card in hand when you visit thewebsite);

• Bytoll-freetelephoneat1-800-690-6903(haveyourNoticeorproxycardinhandwhenyoucall);

• By completing and mailing your proxy card (if you receivedprinted proxy materials) to be received prior to the AnnualMeeting;or

• By attending the virtual meeting by visitingwww.virtualshareholdermeeting.com/TWTR2020, where youmay vote and submit questions during the Annual Meeting.PleasehaveyourNoticeorproxycardinhandwhenyouvisitthewebsite.Formoreinformationonhowtoattendandvoteat the Annual Meeting, please see the section titled“QuestionsandAnswersAbout theProxyMaterialsandOurAnnualMeeting—WhatdoI needtodo toattendtheAnnualMeetingvirtually?”onpage5.

If you are a street name stockholder, you will receive votinginstructions from your broker, bank or other nominee. You mustfollowthevotinginstructionsprovidedbyyourbroker,bankorothernomineeinordertodirect yourbroker, bankorother nomineeonhowto vote your shares. As discussedabove, if youare a streetnamestockholder,youmaynotvoteyoursharesliveatthevirtualAnnualMeetingunlessyouobtainalegalproxyfromyourbroker,bankorothernominee.

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PROPOSALVOTE NEEDED FOR APPROVAL AND EFFECT OF

ABSTENTIONS AND BROKER NON-VOTES

(ProposalNo.2)Theapproval, onanadvisorybasis,oftheSay-on-Pay.

The affirmative vote of a majority of the shares of our commonstock present virtually or by proxy at the Annual Meeting andentitledtovotethereon

Abstentions are considered votes present and entitled to vote onthis proposal, and thus, will have the same effect as a vote“Against”theproposal.Brokernon-voteswillhavenoeffectontheoutcomeofthisproposal.

Because this proposal is an advisory vote, the result will not bebinding on our board of directors or our company. Our board ofdirectors and our compensation committee will consider theoutcomeofthevotewhendeterminingcompensationdecisionsforournamedexecutiveofficers.

(Proposal No. 3) Ratification of the appointment ofPricewaterhouseCoopers LLP as our independent registeredpublic accounting firm for our fiscal year ending December 31,2020.

The affirmative vote of a majority of the shares of our commonstock present virtually or by proxy at the Annual Meeting andentitledtovotethereon.


(ProposalNo.4)AstockholderproposalregardinganEEOpolicyriskreport,ifproperlypresentedattheAnnualMeeting.

The affirmative vote of a majority of the shares of our commonstock present virtually or by proxy at the Annual Meeting andentitledtovotethereon.



WhatdoIneedtodotoattendtheAnnualMeetingvirtually?Both stockholders of record and street namestockholders will beable to attend the Annual Meeting via live audio webcast, submittheir questions during the meeting and vote their shareselectronically at the Annual Meeting by visitingwww.virtualshareholdermeeting.com/TWTR2020. To participate intheAnnualMeeting,youwill needthecontrolnumberincludedonyourNoticeorproxycard.

TheAnnualMeetingliveaudiowebcastwillbeginpromptlyat10:00a.m. Pacific Time on Wednesday, May 27, 2020. We encourageyouto access the meeting prior to the start time. Online check-inwill begin at 9:45 a.m. Pacific Time, and you should allow ampletimeforthecheck-inprocedures.

WhatifIhavetechnicaldifficultiesduringthecheck-intimeorduringtheAnnualMeeting?If you encounter any difficulties accessing the virtual meetingduring the check-in or meeting time, please call the technicalsupport number that will be posted on the login page atwww.virtualshareholdermeeting.com/TWTR2020. Please be suretocheckinby9:45a.m.PacificTimeonMay27,2020,thedayofthe Annual Meeting, so we may address any technical difficultiesbeforetheAnnualMeetingliveaudiowebcastbegins.

CanIchangemyvote?Yes.Ifyouareastockholderofrecord,youcanchangeyourvoteorrevokeyourproxyanytimebeforetheAnnualMeetingby:

• enteringanewvotebyInternetorbytelephone;

• completingandreturningalater-datedproxycard;

• notifying the Secretary of Twitter, Inc., in writing, at Twitter,Inc.,1355MarketStreet,Suite900,SanFrancisco,California94103;or

• attending and voting at the Annual Meeting (althoughattendanceattheAnnualMeetingwillnot,byitself,revokeaproxy).

If you are a street name stockholder, your broker, bank or othernomineecanprovideyouwithinstructionsonhowtochangeyourvote.

Whatistheeffectofgivingaproxy?Proxies are solicited by and on behalf of our board of directors.Jack Dorsey (our Chief Executive Officer), Ned Segal (our ChiefFinancial Officer) and Sean Edgett (our General Counsel) havebeendesignatedasproxyholdersbyourboardofdirectors.Whenproxies are properly dated, executed and returned, the sharesrepresentedbysuchproxieswillbevotedattheAnnual

Meetinginaccordancewiththeinstructionsofthestockholder.Ifnospecificinstructionsaregiven,however,theshareswillbevotedinaccordancewiththerecommendationsofourboardofdirectorsasdescribed above. If any matters not described in this proxystatementareproperlypresentedattheAnnualMeeting,theproxyholders will use their ownjudgment to determine howto vote theshares.If theAnnualMeetingisadjourned,theproxyholderscanvote the shares on the new Annual Meeting date as well, unlessyou have properly revoked your proxy instructions, as describedabove.

WhydidIreceiveaNoticeofInternetAvailabilityofProxyMaterialsinsteadofafullsetofproxymaterials?In accordance with the rules of the Securities and ExchangeCommission (“SEC”), we have elected to furnish our proxymaterials, including this proxy statement and our annual report,primarilyviatheInternet.TheNoticecontaininginstructionsonhowto access our proxy materials is first being mailed on or aboutApril 15, 2020 to all stockholders entitled to vote at the AnnualMeeting.

Stockholders may request to receive all future proxy materials inprinted form by mail or electronically by email by following theinstructionscontainedintheNotice.Weencouragestockholderstotake advantage of the availability of our proxy materials on theInternet tohelpreducetheenvironmental impactandthecostsofourannualmeetingsofstockholders.

HowareproxiessolicitedfortheAnnualMeeting?Our board of directors is soliciting proxies for use at the AnnualMeeting.Allexpensesassociatedwiththissolicitationwillbeborneby us. We will reimburse brokers, banks and other nominees forreasonableexpensesthattheyincurinsendingourproxymaterialsto you if a broker, bank or other nominee holds shares of ourcommon stock on your behalf. In addition, our directors andemployeesmayalsosolicit proxiesinperson,bytelephone,orbyother means of communication. Our directors and employees willnotbepaidanyadditionalcompensationforsolicitingproxies.

HowmaymybrokeragefirmorotherintermediaryvotemysharesifIfailtoprovidetimelydirections?Brokerage firms and other intermediaries holding shares of ourcommon stock in street name for their customers are generallyrequired to vote such shares in the manner directed by theircustomers.Intheabsenceoftimelydirections,yourbroker,bankorothernomineewillhavediscretiontovoteyoursharesonoursole“routine” matter: the proposal to ratify the appointment ofPricewaterhouseCoopersLLPasourindependentregisteredpublicaccountingfirm.Yourbroker,

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bank or other nominee will not have discretion to vote on theelection of directors, the advisory vote on Say-on-Pay or thestockholder proposal, which are “non-routine” matters, absentdirectionfromyou.

WherecanIfindthevotingresultsoftheAnnualMeeting?WewillannouncepreliminaryvotingresultsattheAnnualMeeting.WewillalsodisclosevotingresultsonaCurrentReportonForm8-KthatwewillfilewiththeSECwithinfourbusinessdaysaftertheAnnualMeeting.IffinalvotingresultsarenotavailabletousintimetofileaCurrentReportonForm8-Kwithinfourbusinessdaysafterthe Annual Meeting, we will file a Current Report on Form8-K topublish preliminary results and will provide the final results in anamendment to the Current Report on Form 8-K as soon as theybecomeavailable.

Ishareanaddresswithanotherstockholder,andwereceivedonlyonepapercopyoftheproxymaterials.HowmayIobtainanadditionalcopyoftheproxymaterials?We have adopted an SEC approved procedure called“householding.” Under this procedure, wedeliver a single copyofthe Notice and, if applicable, our proxy materials to multiplestockholders who share the same address unless we havereceived contrary instructions from one or more of suchstockholders. This procedure reduces our printing costs, mailingcosts, andfees.Stockholderswhoparticipateinhouseholdingwillcontinue to be able to access and receive separate proxy cards.Upon written or oral request, we will deliver promptly a separatecopy of the Notice and, if applicable, our proxy materials to anystockholder at a shared address to which we delivered a singlecopyofanyofthesematerials.Toreceiveaseparatecopy,or,ifastockholder is receiving multiple copies, to request that we onlysend a single copy of the Notice and, if applicable, our proxymaterials,suchstockholdermaycontactusasfollows:

Twitter,Inc.

Attention:InvestorRelations

1355MarketStreet,Suite900

SanFrancisco,California94103

Tel:(415)222-9670

Street namestockholders maycontact their broker, bankor othernomineetorequestinformationabouthouseholding.

Whatisthedeadlinetoproposeactionsforconsiderationatnextyear’sannualmeetingofstockholdersortonominateindividualstoserveasdirectors?

Stockholder Proposals

Stockholders may present proper proposals for inclusion in ourproxy statement and for consideration at next year’s annualmeetingofstockholdersbysubmittingtheir proposalsinwritingtoourSecretaryinatimelymanner.Forastockholderproposaltobeconsideredforinclusioninourproxystatementforour2021annualmeeting of stockholders, our Secretary must receive the writtenproposal at our principal executive offices not later thanDecember 16, 2020. In addition, stockholder proposals mustcomplywiththerequirementsofRule14a-8regardingtheinclusionof stockholder proposals in company-sponsored proxy materials.Stockholderproposalsshouldbeaddressedto:

Twitter,Inc.

Attention:Secretary

1355MarketStreet,Suite900

SanFrancisco,California94103

Our Bylaws also establish an advance notice procedure forstockholders who wish to present a proposal before an annualmeeting of stockholders but do not intend for the proposal to beincludedinourproxystatement. OurBylawsprovidethattheonlybusiness that may be conducted at an annual meeting ofstockholdersisbusinessthatis(i)specifiedinourproxymaterialswithrespecttosuchmeeting,(ii)otherwiseproperlybroughtbeforesuch meeting by or at the direction of our board of directors, or(iii) properly brought before such meeting by a stockholder ofrecord entitled to vote at the annual meeting who has deliveredtimely written notice to our Secretary, which notice must containtheinformationspecifiedinourBylaws.Tobetimelyforour2021annual meeting of stockholders, our Secretary must receive thewrittennoticeatourprincipalexecutiveoffices:

• notearlierthanJanuary30,2021;and

• notlaterthanMarch1,2021.

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Intheeventthatweholdour2021annualmeetingofstockholdersmorethan30daysbeforeormorethan60daysaftertheone-yearanniversary of the Annual Meeting, notice of a stockholderproposalthatisnotintendedtobeincludedinourproxystatementmustbereceivednoearlierthanthecloseofbusinessonthe120thdaybefore our 2021annual meetingof stockholders andnolaterthanthecloseofbusinessonthelaterofthefollowingtwodates:

• the 90th day prior to our 2021 annual meeting ofstockholders;or

• the10thdayfollowingthedayonwhichpublicannouncementof the date of 2021 annual meeting of stockholders is firstmade.

If a stockholder who has notified us of his, her or its intention topresent a proposal at an annual meeting does not appear topresenthis,heroritsproposalatsuchannualmeeting,wearenotrequiredtopresenttheproposalforavoteatsuchannualmeeting.

Recommendation or Nomination of Director Candidates

Youmayrecommenddirector candidatesfor considerationbyournominatingandcorporategovernancecommitteeif youhaveheldonepercent(1%)ofthefullydilutedcapitalizationofthecompanyforatleasttwelve(12)monthspriortothedateofthesubmissionof therecommendation. Anysuchrecommendationsmust complywithouramendedand

restated certificate of incorporation, Bylaws and applicable laws,rules and regulations, should include the nominee’s name andqualificationsformembershiponourboardofdirectors,andshouldbe directed to our Secretary at the address set forth above. Foradditional information regarding stockholder recommendations fordirector candidates, seethesection titled “Board of Directors andCorporate Governance—Stockholder Recommendations andNominationstotheBoardofDirectors.”

In addition, our Bylaws permit stockholders to nominate directorsfor election at an annual meeting of stockholders. To nominate adirector, the stockholder must provide the information required byourBylaws.Inaddition,thestockholdermustgivetimelynoticetoour Secretary in accordance with our Bylaws, which, in general,requirethatthenoticebereceivedbyourSecretarywithinthetimeperiods described above under “Stockholder Proposals” forstockholder proposals that are not intended to be included in aproxystatement.

Availability of Bylaws

A copy of our Bylaws is available on our website athttps://investor.twitterinc.com.YoumayalsocontactourSecretaryat the address set forth above for a copy of the relevant Bylawprovisions regarding the requirements for making stockholderproposalsandnominatingdirectorcandidates.

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BOARDOFDIRECTORSANDCORPORATEGOVERNANCE

Ourbusinessaffairs aremanagedunder thedirection of our boardof directors, whichis currently composedof tenmembers. All of ourdirectors, other than Mr. Dorsey, our Chief Executive Officer, and Mr. Kordestani, our Executive Chairman, are independent within themeaning of the listing standards of the NewYork Stock Exchange (the “NYSE”). Our board of directors is divided into three classes ofdirectors,eachservingastaggeredthree-yearterm.Ateachannualmeetingofstockholders,aclassofdirectorsiselectedforathree-yeartermtosucceedtheclasswhosetermisthenexpiring.

Thefollowingtablesetsforththenames,agesasofMarch31,2020,andcertainotherinformationforeachofthemembersofourboardofdirectorswithtermsexpiringattheAnnualMeeting(whoarealsonomineesforelectionasadirectorattheAnnualMeeting)andforeachofthe continuing members of our board of directors. Evan Williams stepped down as a member of our board of directors effectiveFebruary 28, 2019, and Debra Lee stepped down as a member of our board of directors effective August 31, 2019. Full biographicalinformationisbelow.

CLASS AGE POSITIONDIRECTOR

SINCE

CURRENTTERM

EXPIRES

EXPIRATION OF TERM

FOR WHICH NOMINATED INDEPENDENT

AUDIT COMMITTEE

COMP. COMMITTEE

NOMINATING AND

CORPORATE GOVERNANCE

COMMITTEE

Directors with Terms expiring at the Annual Meeting/Nominees

OmidR.Kordestani I 56 ExecutiveChairman

2015 2020 2023

NgoziOkonjo-Iweala I 65 Director 2018 2020 2023 X

BretTaylor I 39 Director 2016 2020 2023 X

Continuing Directors

JesseCohn(1) II 39 Director 2020 2021 — X

JackDorsey III 43 ChiefExecutiveOfficerandDirector

2007 2022 —

EgonDurban(2) III 46 Director 2020 2022 — X

MarthaLaneFox II 46 Director 2016 2021 — X

PatrickPichette III 57 LeadIndependentDirector

2017 2022 — X

DavidRosenblatt II 52 Director 2010 2021 — X

RobertZoellick(3) III 66 Director 2018 2022 — X

Mr.CohnjoinedtheboardofdirectorsonApril7,2020.

Mr.DurbanjoinedtheboardofdirectorsonMarch12,2020.

Mr.ZoellickjoinedtheauditcommitteeeffectiveJanuary1,2020.

Legend: Chair| Member| Auditcommitteefinancialexpert


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BoardofDirectorsExperience

✓ FinanceandAccounting

✓ TechnologyIndustry

✓ DigitalandSocialMedia

✓ OperationofGlobalOrganizations

✓ MergersandAcquisitions

✓ RiskManagement

✓ ComputerScience

✓ Cybersecurity/CyberRisk

✓ Regulatory

✓ DataPrivacy

✓ InformationQuality

✓ MachineLearning

✓ StrategicTransformation

✓ InternationalTax

✓ IntellectualProperty

✓ ExecutiveLeadershipandTalentDevelopment

✓ CustomerPerspective

✓ CompanySeniorLeadership

✓ PublicCompanyBoardMembership

✓ PublicPolicy

✓ BrandMarketing

ConsiderationsinEvaluatingDirectorNomineesOur board of directors follow an annual director nomination process that promotes thoughtful and in-depth review of our board andcommitteecompositionaswellaseachindividualdirectorthroughouttheyear.Eachyear,atthebeginningoftheprocess,thenominatingandcorporategovernancecommitteereviewscurrentboardandcommitteecompositionincontextwiththecompany’sstrategytoconfirmthatthetraits,attributesandqualificationsarealignedwithourlong-termstrategyandcontinuetopromoteeffectiveboardandcommitteeperformance.Theoutcomeoftheannualevaluationsisusedtoinformdirectorsearchprioritiesasapplicable.Eachyear,thenominatingandcorporategovernancecommitteereviewsincumbentdirectornominees,evaluatesanychangesincircumstancesthatmayimpacttheircandidacy, and considers information from the board evaluation process. The nominating and corporate governance committee alsoidentifiespotentialnewdirectornominees,fromtimetotimeusingasearchfirmthatispaidafeeforitsservices,togetherwithreferralsandsuggestions from board members and stockholders. The nominating and corporate governance committee interviews potential directornominees to explore their qualifications, as applicable (including, without limitation, issues of character, ethics, integrity, judgment,professional experience, independence, areaof expertise, strategic vision, length of service, potential conflicts of interest, management,accountingandfinanceexpertise,cybersecurity/cyberriskexpertise,machinelearning,riskmanagement,talentdevelopmentandothercommitments), interest and availability for board service. Our board believes that our board of directors should be a diverse body. OurCorporateGovernanceGuidelinesrequireournominatingandcorporategovernancecommitteetoconsiderabroadrangeofbackgrounds,experiencesanddiversity(inallaspectsofthatword).Ourannualdirectornominationprocessisillustratedbelow.


Nomineesmustalsohavetheabilitytoofferadviceandguidanceto our management basedon past experience in positions with ahigh degree of responsibility and be leaders in the companies orinstitutions with which they are affiliated. Nominees mustunderstand the fiduciary responsibilities that are required ofdirectorsandhavesufficient timeavailableinthejudgment of ournominating and corporate governance committee to perform allboard of director and applicable committee responsibilities.Members of our board of directors are expected to prepare for,attend, and participate in all board of director and applicablecommitteemeetings.

Otherthantheforegoing, therearenostatedminimumcriteriafordirector nominees, although our nominating and corporategovernancecommittee mayalsoconsider suchother factors as itmaydeem,fromtimetotime,areinourandourstockholders’bestinterests. Upon a recommendation from the nominating andcorporate governancecommittee, theboardof directors approvesthenominationofdirector

nominees for election at the annual meeting of stockholders. Aspreviously disclosed, our board of directors is engaged in aprocess of identifying a new independent director, focusing oncandidateswhoreflectthediversityoftheTwitterservice,whoalsopossessdeeptechnologyandAIexpertise.

Theexperiences, qualificationsandskillsofeachofthemembersofourboardofdirectorswithtermsexpiringattheAnnualMeeting(who are also nominees for election as a director at the AnnualMeeting) andfor eachof thecontinuing membersof our boardofdirectorsthattheboardofdirectorsconsideredinthenominationofsuch director are included below the directors’ individualbiographies on the following pages. The board of directorsconcludedthateachnomineeshouldserveasadirectorbasedonthe specific experience and attributes listed below and the directpersonal knowledge of each nominee’s previous service on theboardofdirectors,includingtheinsighteachnomineebringstotheboardofdirectors’functionsanddeliberations.

All directors who join our board are required to participate in a“bootcamp”eventfollowingtheirappointment,typicallybeforetheirfirst board of directors meeting, which is a robust programdesignedtoprovidedirectorswithaccesstoavarietyofinformationand resources on key issues affecting our business. Newlyappointeddirectorsmeetwithmembersofseniormanagementandselectmembersoftheboardofdirectorsinordertounderstandthebusinessandoperationsof

the company, and are given an overview of, among other things,our key priorities and strategies, products, teams, financials, andkeycorporategovernanceandlegalmatters.Ourbootcampeventis designed to bring our newly appointed directors up to speedquicklyonimportantdevelopmentsandissuesinthecontextofourbusinessandhelpthem“hitthegroundrunning”withtheirboardofdirectorandcommitteedutiesandresponsibilities.

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DirectorOrientationandEducation


OMID R. KORDESTANI ExecutiveChairmanofTwitter,Inc.

Directorsince2015

Age56 Committees:None

Omid R. Kordestani hasservedastheExecutiveChairmanofourboard of directors since October 2015. From August 2014 toAugust2015,Mr.KordestaniservedasSeniorVicePresidentandChiefBusinessOfficeratGoogleInc.,aninternetsearchcompany(“Google”).FromMay1999toApril2009,Mr.KordestaniservedasSeniorVicePresidentofGlobalSalesandBusinessDevelopmentat Google. From 1995 to 1999, Mr. Kordestani served as VicePresidentofBusinessDevelopmentatNetscapeCommunicationsCorporation. Prior to joining Netscape CommunicationsCorporation, Mr. Kordestani held positions in businessdevelopment, product management and marketing at The 3DOCompany, Go Corporation and Hewlett-Packard Company.Mr. Kordestani holds a B.S. in Electrical Engineering from SanJoseStateUniversityandanM.B.A.fromStanfordUniversity.

Skills and Expertise:

✓ Global business leadership, operational and organizationalexperience, corporate strategy experience and managementexperience as former Senior Vice President and ChiefBusinessOfficerofGoogle.

✓ First-hand experience in successfully leading and managinglarge, complex global sales, support and serviceorganizationsinthetechnologyindustry.

Other Public Company Board Service:None

NGOZI OKONJO-IWEALA SeniorAdvisortoLazard,Ltd.

Directorsince2018

Age65Committees:AuditCommittee

Ngozi Okonjo-Iweala has served as a member of our board ofdirectors since July 2018. Since September 2015, Dr. Okonjo-Iweala has served as a Senior Advisor to Lazard, Ltd., a globalfinancial advisory and asset management firm. Prior to joiningLazard, Dr. Okonjo-Iweala served as the Minister of Finance ofNigeria from July 2003 until June 2006 and as the Minister ofFinanceandCoordinatingMinisterfortheEconomyofNigeriafromAugust2011until May2015.From1982until2003andthenfromDecember 2007 until August 2011, she held several positions atthe World Bank, most recently as Managing Director fromDecember 2007 until August 2011. Dr. Okonjo-Iweala holds anA.B.fromHarvardUniversityandaPh.D.fromtheMassachusettsInstituteofTechnology.


✓ Over 30 years of experience in international finance anddevelopment.

✓ Finance and accounting experience as a Senior Advisor toLazardLtd.

✓ GovernmentexperienceastheformerMinisterofFinanceofNigeria.

✓ Global business leadership and operational experience as aformerManagingDirectorattheWorldBank.

Other Public Company Board Service: Standard Chartered plc, amultinational banking and financial services company (November2017–Present)

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Nominees for Director


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BRET TAYLOR PresidentandChiefOperatingOfficerof

salesforce.com,inc.

Directorsince2016

Age39Committees:CompensationCommittee

Bret TaylorhasservedasamemberofourboardofdirectorssinceJuly 2016. Since December 2019, Mr. Taylor has served as thePresident and Chief Operating Officer of salesforce.com, inc., acustomer relationship management company (“Salesforce”). Priortoassumingthisrole,Mr.TaylorwasPresidentandChiefProductOfficersinceNovember2017.FromSeptember2012toNovember2017, Mr. Taylor served as the Chief Executive Officer and co-founderofQuip,Inc.,aproductivitysoftwarecompany(acquiredbySalesforce).FromAugust2009toJuly2012,Mr.TaylorservedasChiefTechnologyOfficerofFacebook,Inc.FromOctober2007toAugust 2009, Mr. Taylor served as the Chief Executive Officer ofFriendFeed,Inc.,asocialnetwork.FromJune2007toSeptember2007, Mr. Taylor served as an entrepreneur-in-residence atBenchmark, a venture capital firm, where he co-foundedFriendFeed, Inc. Prior to June 2007,Mr. Taylor servedas GroupProduct Manager at Google, where he co-created Google MapsandtheGoogleMapsAPI.Mr.TaylorholdsaB.S.andaMaster’sDegreeinComputerSciencefromStanfordUniversity.


✓ Global business leadership, operational experience, andexperience developing technology as President and ChiefOperating Officer, and former Chief Product Officer, ofSalesforce.

✓ In-depthknowledgeofthetechnologysector.✓ Extensive knowledge of our technologies and product

offerings.✓ Offers us a unique perspective with respect to building and

managingaglobalbrandinrapidly-changingindustries.✓ Outside board experience as a director of a large, complex

globalpubliccompany.

Other Public Company Board Service: AxonEnterprise, Inc.(f/k/aTASER International, Inc.), a protection technologies company(June2014–June2019)


JESSE COHN EquityPartner,SeniorPortfolioManager,

HeadofU.S.EquityActivismandmember

ofManagementCommitteeatElliott

ManagementCorporation

Directorsince2020

Age39Committees:None

Jesse Cohn has served as a member of our board of directorssinceApril2020. Mr. Cohncurrently servesasanEquity Partner,SeniorPortfolioManager, theHeadofU.S.EquityActivismandamember of the Management Committee at Elliott ManagementCorporation, an investment firm, which he joined in 2004.Previously Mr. Cohn was an Analyst in the mergers andacquisitions group at Morgan Stanley, a multinational investmentbank and financial services company. Mr. Cohn has served as adirector of several public companies, as described below, andseveralprivatecompanies,including,amongothers,Athenahealth,Inc., a leading provider of cloud-based software and services forhealthcare providers (since February 2019), Gigamon Inc., aproviderofnetworkvisibilityandanalytics(sinceDecember2017),and Quest Software Inc., a software company (since October2016). Mr. Cohn holds B.S. in Economics from the University ofPennsylvania’s Wharton School of Business, from which hegraduatedsummacumlaude.

Skills and Expertise:✓ In-depthknowledgeofthetechnologysector.✓ Financeandcorporategovernanceexpertise.✓ Outside board experience as a director of several large,

complex global public companies, as well as several privatecompanies.

Other Public Company Board Service: eBay Inc., a global e-commercecompany(March2019–Present);CitrixSystems,Inc.,an enterprise software company (July 2015 – Present); andLogMeIn,Inc.,aproviderofsoftwareasaserviceandcloud-basedremoteconnectivityservicesforcollaboration,ITmanagementandcustomerengagement(January2017–May2018)

JACK DORSEY Co-FounderandChiefExecutiveOfficerof

Twitter,Inc.andSquare,Inc.

Directorsince2007

Age43Committees:None

Jack Dorsey is one of our founders and has served as our ChiefExecutiveOfficer sinceSeptember2015andasamemberofourboard of directors since May 2007. Mr. Dorsey served as ourinterimChiefExecutiveOfficerfromJuly2015toSeptember2015andasourPresidentandChiefExecutiveOfficerfromMay2007toOctober2008.Mr.DorseyservedastheChairpersonofourboardofdirectorsfromOctober2008toSeptember2015.SinceFebruary2009,Mr.DorseyhasservedasCo-FounderandChiefExecutiveOfficerofSquare,Inc.,aproviderofpaymentprocessingservices(“Square”).

Skills and Expertise:✓ Global business leadership, operational experience, and

experience developing technology as co-founder and ChiefExecutiveOfficerofTwitterandSquare.

✓ In-depthknowledgeofthetechnologysectorandexperienceindevelopingtransformativebusinessmodels.

✓ Unmatchedfamiliaritywithandknowledgeofourtechnologiesandproductofferings.

✓ Offers us a unique perspective with respect to building andmanagingaglobalbrandinrapidly-changingindustries.

✓ Outside board experience as a director of large, complexglobalpubliccompanies.

Other Public Company Board Service:TheWaltDisneyCompany,a multinational media and entertainment company (December2013–March2018)andSquare(February2009–Present)

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Continuing Directors


EGON DURBAN Co-CEOofSilverLake

Directorsince2020

Age46Committees: None

Egon Durban has served as a member of our board of directorssinceMarch2020.Mr.DurbanisCo-CEOofSilverLake,aglobalprivateinvestmentfirm.Mr.DurbanjoinedSilverLakein1999asafoundingprincipal. HeisalsoChairmanof theBoardofEndeavorand serves on the boards of directors of City Football Group,Learfield IMG College, UFC, Unity Technologies, Verily LifeSciences LLC, Waymo LLCand several public companies, asdescribed below. Previously, Mr. Durban served on the board ofdirectors and was the Chairman of the operating committee ofSkype, servedonthesupervisory boardandoperatingcommitteeof NXP, and served on the board of directors of MultiPlan.Mr.DurbancurrentlyservesontheBusinessCouncilandBusinessRoundtable. Prior to Silver Lake, Mr. Durban worked in MorganStanley’sinvestmentbankingdivision.Mr.DurbanholdsaB.S.B.A.inFinancefromGeorgetownUniversity.

Skills and Expertise:✓ In-depthknowledgeofthetechnologysector.✓ Financeandaccountingexpertise.✓ Outside board experience as a director of several large,

complex global public companies, as well as several privatecompanies.

Other Public Company Board Service: VMware, Inc., a softwarecompany (September 2016 – Present); SecureWorks Corp., aprovider of information security solutions (December 2015 –Present);MotorolaSolutions,Inc.,atelecommunicationscompany(August 2015 – Present); Dell Technologies, Inc., a provider ofinformation technology products and services (October 2013 −Present), Pivotal Software, Inc., a software company(September2016 − December 2019), Intelsat S.A., a telecommunicationscompany (December 2011 – December 2016); and IntelsatInvestments S.A., a telecommunications company (December2009–December2016)

MARTHA LANE FOX FounderandChairpersonof

LuckyVoiceGroupLtd.

FormerCo-Founderand

ManagingDirectoroflastminute.com

CrossbenchPeerinHouseofLords

Directorsince2016

Age46Committees:Audit Committee and Nominating and CorporateGovernanceCommittee

Martha Lane Fox hasservedasamemberofourboardofdirectorssinceApril2016.SinceAugust2005,Ms.LaneFoxhasservedastheFounderandChairpersonofLuckyVoiceGroupLtd.,aprivatekaraokecompany.FromSeptember2012 toDecember2016,Ms.Lane Fox served as the Chairperson of MakieWorld Ltd., a 3Dprinting and game company. From 1998 to 2003, Ms. Lane Foxwas the Co-Founder and ManagingDirector of lastminute.com, atravelandleisurewebsite,andremainedontheboardofdirectorsuntil 2005.SinceDecember2017,Ms.LaneFoxhasservedasamember of the Joint Committee for National Security Strategy.SinceMay2018,Ms.LaneFoxhasservedasadirectorofChanelS.A.SinceMarch2013,Ms.LaneFoxhasservedasacrossbenchpeerintheUnitedKingdomHouseofLords.

SinceSeptember 2015, Ms. LaneFoxhasservedasthefounderand chair of doteveryone.org.uk, an organization advancing theunderstanding and use of Internet enabled technologies, and inSeptember 2014 was appointed Chancellor of Open University.Ms.LaneFoxhasalsoservedonvariousprivatecompanyboards.Ms.LaneFoxholdsaB.A.inAncientHistoryandModernHistoryfromUniversityofOxford.

Skills and Expertise:✓ Global business leadership, operational experience, and

management experience as former Co-Founder andManagingDirectoroflastminute.com.

✓ Outside board experience as a director of a large, complexglobalpubliccompany,aswellasseveralprivatecompanies.

✓ Valuableexperienceintechnologyandconsumerindustries.✓ Government insights as crossbench peer in the United

KingdomHouseofLords.

Other Public Company Board Service: Marks and Spencer plc, amultinationalretailer(July2007–April2015)

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PATRICK PICHETTE GeneralPartneratInoviaCapital FormerSeniorVicePresidentand

ChiefFinancialOfficerofGoogle

Directorsince2017

Age57Committees: Audit Committee (Chair) and CompensationCommittee

Patrick Pichette hasservedasamemberofourboardofdirectorssinceDecember 2017. SinceApril 2018, Mr. Pichettehasservedasageneral partneratInoviaCapital, aCanadianventurecapitalfirm. From August 2008 until May 2015, Mr. Pichette served asSeniorVicePresidentandChiefFinancialOfficerofGoogle.FromJanuary2001untilJuly2008,Mr.Pichetteservedasanexecutiveofficer of Bell Canada Enterprises Inc., a telecommunicationscompany, including, in his last position, as President, OperationsforBellCanada,andpreviouslyasExecutiveVicePresident,ChiefFinancial Officer, and Executive Vice President of Planning andPerformanceManagement.From1996to2000,Mr.PichettewasaprincipalatMcKinsey&Company,amanagementconsultingfirm.From 1994 to 1996, he served as Vice President and ChiefFinancial Officer of Call-Net Enterprises Inc., a Canadiantelecommunications company. Mr. Pichette holds a M.A. inPhilosophy, Politics, andEconomicsfromOxfordUniversityandaB.A. in Business Administration from Université du Québec àMontréal.

Skills and Expertise:✓ Global business leadership and extensive financial and

management expertise as former Senior Vice President andChiefFinancialOfficerofGoogle.

✓ Financial expertise and significant audit and financialreportingknowledge.

✓ Outside board experience as a director of a large, complexglobalpubliccompany.

Other Public Company Board Service: Lightspeed POS Inc., aprovider of e-commerce and point of sale solutions (September2018–Present);BombardierInc.,amanufacturerofairplanesandtrains(October2013–November2017)

DAVID ROSENBLATT ChiefExecutiveOfficerof1stdibs.com,Inc.

Directorsince2010

Age52Committees:Compensation Committee (Chair) and NominatingandCorporateGovernanceCommittee(Chair)

David Rosenblatt hasservedasamemberofourboardofdirectorssinceDecember2010.SinceNovember2011,Mr.Rosenblatthasserved as Chief Executive Officer of 1stdibs.com, Inc., an onlineluxury marketplace. From October 2008 to May 2009,Mr.RosenblattservedasPresidentofGlobalDisplayAdvertisingatGoogle.Mr.RosenblattjoinedGoogleinMarch2008inconnectionwithGoogle’sacquisitionofDoubleClick, Inc., aproviderofdigitalmarketing technology and services. Mr. Rosenblatt joinedDoubleClick in 1997 as part of its initial management team andserved in several executive positions during his tenure, includingas Chief Executive Officer from July 2005 to March 2008 andPresident from2000to July2005. Mr. Rosenblatt holds a B.A. inEast Asian Studies from Yale University and an M.B.A. fromStanfordUniversity.

Skills and Expertise:✓ Global business leadership and extensive financial and

management expertise as Chief Executive Officer of1stdibs.com,Inc.

✓ Offers us a unique perspective with respect to building andmanagingaglobalbrandinrapidly-changingindustries.

✓ Outside board experience as a director of a large, complexglobalpubliccompany,aswellasseveralprivatecompanies,which provides us with important perspectives in anevaluationofourpracticesandprocesses.

Other Public Company Board Service: IAC/ InterActiveCorp, amediaandinternetcompany(December2008–Present)

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ROBERT ZOELLICK FormerPresidentoftheWorldBankGroup

Directorsince2018

Age66Committees:Audit Committee and Nominating and CorporateGovernanceCommittee

Robert Zoellick hasservedasamemberofourboardofdirectorssinceJuly2018.FromMay2017toApril2019,Mr.Zoellickservedas the Chairman of the Board of Directors of AllianceBernsteinHolding L.P., a global investment management firm(“AllianceBernstein”). Since August 2013,Mr. Zoellick has servedas a board member of Temasek Holdings (Private) Ltd., aSingaporean corporation principally engaged in the business ofinvestment holding. Since May 2017, he has served as a SeniorCounselor to the Brunswick Group, a global public affairs andcommunicationsfirm.SinceJuly2012,hehasalsobeenaSeniorFellowattheBelferCenterforScienceandInternationalAffairsatHarvardUniversity’sKennedySchoolofGovernment.

FromOctober 2013until September 2016, Mr. Zoellick servedasChairman of the Board of International Advisors at the GoldmanSachs Group. From July 2007 until June 2012, he served asPresidentoftheWorldBankGroup.From2006to2007,heservedas Vice Chairman, International and a managing director ofGoldman Sachs. Mr. Zoellick served as the Deputy Secretary fortheU.S.DepartmentofStatefrom2005until2006andastheU.S.Trade Representative from 2001 to 2005. From 1985 to 1993,Mr. Zoellick held various posts in the U.S. government, includingCounselortotheU.S.SecretaryoftheTreasury, UnderSecretaryofState,andDeputyChiefofStaffattheWhiteHouse.Mr.Zoellickholds a B.A. from Swarthmore College, a J.D. from the HarvardLaw School and an M.P.P. from Harvard University’s KennedySchoolofGovernment.

Skills and Expertise:✓ Finance and accounting experience as Chairman of the

Board of Directors of AllianceBernstein, various positions atGoldmanSachs,andasPresidentoftheWorldBankGroup.

✓ Government and public policy experience from severalpositions in the U.S. Government, as a Senior Fellow atHarvardUniversity’sKennedySchoolofGovernment,andasaSeniorCounselortotheBrunswickGroup.

✓ Global business leadership and operational experience asPresidentoftheWorldBankGroup.

✓ Outside board experience as a director of large, complexglobalpubliccompanies.

Other Public Company Board Service: AllianceBernstein (May2017–April2019)andLaureateEducation,Inc.,anetworkoffor-profithigherinstitutions(December2013–December2017)


DirectorIndependenceOur common stock is listed on the NYSE. Under the listingstandards of the NYSE, independent directors must comprise amajority of a listed company’s board of directors. In addition, thelisting standards of the NYSE require that, subject to specifiedexceptions, each member of a listed company’s audit,compensation, and nominating and corporate governancecommittees be independent. Under the listing standards of theNYSE,adirectorwillonlyqualifyasan“independentdirector”if,intheopinionofthatlistedcompany’sboardofdirectors,thatdirectorhasnomaterialrelationshipwiththelistedcompany(eitherdirectlyorasapartner,stockholderorofficerofanorganizationthathasarelationship with the company) and such director does not havespecifiedrelationshipswiththecompany.

In addition, audit committee members must satisfy the additionalindependencecriteriasetforthinRule10A-3undertheSecuritiesExchangeActof1934,asamended(the“ExchangeAct”),andthelistingstandardsoftheNYSE.Compensationcommitteemembersmust also satisfy the additional independence criteria set forth inRule 10C-1 under the Exchange Act and the listing standards oftheNYSE.

Our board of directors has undertaken a review of theindependence of our directors. Based on information provided byeachdirector concerning his or her background, employment andaffiliations, our board of directors has determined that Ms. LaneFoxandDr. Okonjo-Iweala, andMessrs. Cohn, Durban, Pichette,Rosenblatt, Taylor and Zoellick are “independent” as that term isdefined under the listing standards of the NYSE. As discussedbelow, all members of our audit and compensation committeesalso satisfy the heightened independence standards applicable tothosecommittees.InthecaseofMr.WilliamsandMs.Lee,formermembersofourboardofdirectorswhoservedasdirectorsin2019,Mr.Williams,oneofourco-founders,hadbeenindependentsince2015,andMs.Leewasindependentduringthetimesheservedonour boardof directors. In makingthesedeterminations, our boardofdirectorsconsideredthecurrentandpriorrelationshipsthateachnon-employee director has with our company and all other factsand circumstances our board of directors deemed relevant indetermining their independence, including in assessing themateriality of a director’s relationship with the company,consideringtheissuefromthestandpointoftheorganizationswithwhichthedirectorhasanaffiliation,andthetransactionsinvolvingthemdescribedinthesectiontitled“RelatedPersonTransactions.”

AgreementswithSilverLakeandElliottManagementOn March 9, 2020, we entered into separate agreements(collectively, the “Agreements”) with funds affiliated with SilverLake (collectively, “Silver Lake”) and Elliott ManagementCorporation (collectively, “Elliott”). The Agreements includeprovisions regarding various matters agreed amongst the partiesthereto including, but not limited to, the appointment of directors,procedures for determining replacements for the newly appointeddirectors, voting commitments, “standstills” restricting certainconduct and activities during the periods specified in eachAgreement, non-disparagement, restrictions on comments orinfluence regarding any Twitter policies or rules, or policy or ruleenforcement decisions, and other items that are addressedseparately in each Agreement. A description of the Agreementsandcopiesthereof areincludedinaForm8-Kfiledwith theSEConMarch9,2020.

Pursuant to the Agreements, Egon Durban was appointed to ourboard of directors on March 12, 2020 and Jesse Cohn wasappointedtoourboardofdirectorsonApril7,2020.Aspreviouslydisclosed, our board of directors is also engaged in a process ofidentifyinganewindependentdirector,focusingoncandidateswhoreflect thediversity of theTwitter service, whoalsopossessdeeptechnologyandAIexpertise.

ManagementStructureCommitteeIn March 2020, in connection with the Agreements, our board ofdirectors formed an independent, five-person committee, themanagement structure committee, that will build on the board ofdirectors’ regular evaluation of our leadership structure. Messrs.Cohn, Durban, and Pichette serve as the members of themanagement structure committee, with Mr. Pichette serving asChairperson. Pursuant to the Agreements, two additionalindependent directors will be added to the management structurecommittee.Themanagementstructurecommitteewillalso,amongotherthings,evaluatetheChiefExecutiveOfficersuccessionplanwithour Chief ExecutiveOfficer andmakerecommendationswithrespect to the Company’s staggered board. The managementstructure committee is expected to report on its evaluation to thefull board of directors any considerations or recommendedchanges andwill conclude its work andshare the results publiclybeforetheendoftheyear.

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We have an active and engaged board of directors that iscommitted to fulfilling its fiduciary duty to act in good faith in thebest interests of our company and all of our stockholders. Duringour fiscal year ended December 31, 2019, our board of directorsheld five meetings (including regularly scheduled and specialmeetings) and acted by written/electronic consent six times, andeachdirectorattendedatleast75%oftheaggregateof(i)thetotalnumberofmeetingsofourboardofdirectors

heldduringtheperiodforwhichheorshehasbeenadirectorand(ii) the total number of meetings held by all committees of ourboard of directors on which he or she served during the periodsthatheorsheserved.

Althoughwedonothaveaformalpolicyregardingattendancebymembers of our board of directors at annual meetings ofstockholders, we encourage, but do not require, our directors toattend. Four directors attended our 2019 annual meeting ofstockholders.

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BoardLeadershipStructureandRoleofOurLeadIndependentDirectorWebelievethatthestructureofourboardofdirectorsanditscommitteesprovidesstrongoverallmanagementofourcompany.

Separate Executive Chairman and Chief Executive Officer Roles.WehavemaintainedseparateExecutiveChairmanoftheboard ofdirectors andChief Executive Officer rolessinceOctober 2015. Wetreat thesepositionsasseparate, with thedistinct responsibilitiesofeachroledetailedbelow.

RESPONSIBILITIES OF EXECUTIVE CHAIRMANRESPONSIBILITIES OF

CHIEF EXECUTIVE OFFICER

• Provideguidance,adviceandmentorshiptotheChiefExecutiveOfficerandotherexecutiveofficers.

• Involvementinkeycorporatematters,suchasrecruiting,majortransactions,andbroaderbusiness,customerandgovernmentrelationships.

• Monitorthecontent,qualityandtimelinessofinformationsenttoourboardofdirectors.

• Presideover,setagendaforandchairboardmeetings.

• Coordinatewithchairsofboardofdirectorscommittees.

• Assist the nominating and corporate governance committee

with (i) the board of director’s annual evaluation and self-assessment and (ii) board of directors composition andevolution planning, including review of committeememberships.

• Develop,setanddrivethestrategicdirection,imperativesandprioritiesofourcompany.

• Overseethegeneralmanagementandoperationofourcompany.

• Overseetheattainmentofourstrategic,operationalandfinancialgoalsandstrategicandoperationalplanning.

• Responsiblefortheguidance,developmentandoversightofseniormanagement.

• Chief spokesperson to our employees, people on Twitter,partnersandstockholders.

Lead Independent Director.Eachof thedirectors, other thanMessrs. DorseyandKordestani, areindependent. Theboardof directorsbelievesthattheindependentdirectorsprovideeffectiveoversightofmanagement.Inaddition,ourindependentdirectorshaveappointedMr. Pichette as our Lead Independent Director, a position he has held since December 31, 2018. The responsibilities of our LeadIndependentDirectoraredetailedbelow.

RESPONSIBILITIES OF LEAD INDEPENDENT DIRECTOR

• Presideovermeetingsofourindependentdirectors.

• Approveinformationtobesenttoourboardofdirectorsifrequestedtodosobyourboardofdirectors.

• AdvisetheExecutiveChairmanastothequality,quantity,andtimelinessoftheflowofinformationfrommanagementthatis

necessaryfortheindependentdirectorstoperformtheirdutieseffectivelyandresponsibly.

• Approveproposedmeetingagendasandschedules.

• Callmeetingsofourboardofdirectorsorindependentdirectors.

• ActastheprincipalliaisonbetweentheindependentdirectorsandtheExecutiveChairmanonsensitiveissues.

• Additionaldutiesasourboardofdirectorsmayotherwisedetermineanddelegatetoassisttheboardofdirectorsinthefulfillmentof

itsresponsibilities.

WebelievethisstructureofaseparateExecutiveChairmanofourboardofdirectorsandChiefExecutiveOfficer, combinedwithaLeadIndependent Director, enableseachpersontofocusondifferent aspectsof companyleadershipandreinforcestheindependenceof ourboard of directors as a whole. We believe this structure also results in an effective balancing of responsibilities, experience andindependent perspective that meets the current business strategy andcorporate governance needsandoversight responsibilities of ourboardofdirectors.

BoardMeetingsandCommittees


Our board of directors has established an audit committee, acompensation committee and a nominating and corporategovernance committee. The composition and responsibilities ofeach of the committees of our board of directors is describedbelow. Members will serve on these committees until theirresignation or until as otherwise determined by our board ofdirectors.

AUDIT COMMITTEE

Our audit committee consists of Messrs. Pichette and Zoellick,Ms.LaneFoxandDr.Okonjo-Iweala,withMr.PichetteservingasChairperson. Mr. Zoellick was appointed to the audit committeeeffective January 1, 2020. Each of our audit committee membersmeets the requirements for independence for audit committeemembersunder thelisting standards of the NYSEandSECrulesand regulations, and the financial literacy requirements of thelisting standards of the NYSE. In addition, our board of directorshas determined that Mr. Pichette is an audit committee financialexpert withinthemeaningofItem407(d)ofRegulationS-KundertheSecuritiesActof1933,asamended(“SecuritiesAct”). Amongotherresponsibilities,ourauditcommittee:

• selects a qualified firm to serve as the independent registeredpublicaccountingfirmtoauditourfinancialstatements;

• helps to ensure the independence and performance of theindependentregisteredpublicaccountingfirm;

• discusses the scope and results of the audit with theindependentregisteredpublicaccountingfirm,andreviews,withmanagement andtheindependent registeredpublicaccountingfirm,ourinterimandyear-endoperatingresults;

• establishes and oversees procedures for employees to submitconcerns anonymously about questionable accounting or auditmatters;

• reviewsourpoliciesonriskassessmentandriskmanagement;

• reviewsrelatedpersontransactions;and

• approves or, as required, pre-approves, all audit and allpermissiblenon-auditservices,otherthandeminimisnon-auditservices, tobeperformedbytheindependent registeredpublicaccountingfirm.

Ourauditcommitteeoperatesunderawrittencharterthatsatisfiesthe applicable rules and regulations of the SEC and the listingstandards of the NYSE. A copy of the charter of our auditcommittee is available on our website athttps://investor.twitterinc.com. During fiscal 2019, our auditcommittee held five meetings and acted by written/electronicconsentthreetimes.

COMPENSATION COMMITTEE

Our compensation committee consists of Messrs. Rosenblatt,Pichette and Taylor, with Mr. Rosenblatt serving as Chairperson.Each of our compensation committee members meets therequirements for independence for compensation committeemembersunder thelisting standards of the NYSEandSECrulesandregulations. Eachmember of our compensation committee isalsoanon-employeedirectorunderRule16b-3promulgatedundertheExchangeAct.

Amongotherresponsibilities,ourcompensationcommittee:

• reviews,approvesanddetermines,ormakesrecommendationsto our board of directors regarding, the compensation of ourexecutiveofficers;

• administersourequitycompensationplans;

• reviews and approves and makes recommendations to ourboardofdirectorsregardingincentivecompensationandequitycompensationplans;and

• establishes and reviews general policies relating tocompensationandbenefitsofouremployees.

Ourcompensationcommitteeoperatesunderawrittencharterthatsatisfies the applicable rules and regulations of the SEC and thelisting standards of the NYSE. A copy of the charter of ourcompensation committee is available on our website athttps://investor.twitterinc.com. During fiscal 2019, ourcompensation committee held five meetings and acted bywritten/electronicconsentsixtimes.

NOMINATING AND CORPORATE GOVERNANCE COMMITTEE

Our nominating and corporate governance committee consists ofMessrs. Rosenblatt and Zoellick and Ms. Lane Fox, withMr.RosenblattservingasChairperson.Mr.Zoellickwasappointedto the nominating and corporate governance committee effectiveSeptember 12, 2019 replacing Ms. Lee who resigned therefromeffective August 31, 2019. Each of our nominating and corporategovernance committee members meets the requirements forindependenceunderthelistingstandardsoftheNYSErules.

Among other responsibilities, our nominating and corporategovernancecommittee:

• identifies,evaluatesandselects,ormakesrecommendationstoour board of directors regarding, nominees for election to ourboardofdirectorsanditscommittees;

• conductsperiodicreviewsofthecompany’ssuccessionplanningprocess for the company’s executive management team,reporting its findings and recommendations to the board ofdirectors, and assists the board of directors in evaluatingpotential successors to the company’s executive managementteam;

• evaluates the performance of our board of directors and ofindividualdirectors;

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• considersandmakesrecommendationstoourboardofdirectorsregarding the composition of our board of directors and itscommittees;

• reviewsdevelopmentsincorporategovernancepractices;

• evaluatesourinitiativesinsustainability,corporateresponsibilityandcharitablecontributions;

• evaluates the adequacy of our corporate governance practicesandreporting;and

• developsandmakesrecommendationstoourboardofdirectorsregardingcorporategovernanceguidelinesandmatters.

Our nominating and corporate governance committee operatesunderawrittencharterthatsatisfiestheapplicablelistingstandardsoftheNYSE.Acopyofthecharterofournominatingandcorporategovernance committee is available on our website athttps://investor.twitterinc.com. During fiscal 2019, our nominatingandcorporategovernancecommitteeheldthreemeetings.

MAJORITY VOTING WITH DIRECTOR RESIGNATION POLICY

Our Bylaws provide for majority voting and our CorporateGovernance Guidelines set forth the related director resignationpolicy for our director nominees. Our Bylaws state that to beelected in an uncontested election, a nominee must receive amajority of the votes cast with respect to such nominee (i.e., thenumberofsharesvoted“For”anomineemustexceedthenumberof shares voted “Against” for that nominee). Under our CorporateGovernanceGuidelines,eachnomineesubmits,inadvanceoftheirnomination,anirrevocableresignationthatwillbecomeeffectiveif(i) the nominee fails to receive the required vote at the AnnualMeetingand(ii)theboardofdirectorsacceptstheresignation.Thenominating and corporate governance committee promptlyconsiders whether to accept the resignation of any nominee whofails to receive the required number of votes for election andsubmits such recommendation for consideration by the board ofdirectors. In deciding whether to accept or reject the resignation,the nominating and corporate governance committee and theboardofdirectorswillconsideranyfactorstheydeemrelevant.Anynominee who tenders his or her resignation pursuant to ourCorporate Governance Guidelines may not participate in thenominatingandcorporategovernancecommitteerecommendationor board of directors action regarding whether to accept theresignationoffer.

Throughthispolicy,theboardofdirectorsseekstobeaccountableto all stockholders and respects the rights of stockholders toexpresstheirviewsthroughtheirvotesfornominees.However,theboard of directors also deems it important to preserve sufficientflexibility to make sound evaluations based on the relevantcircumstancesintheeventanomineefailstoreceiveamajorityofthe votes cast with respect to such nominee. For example, theboard of directors may wish to assess whether the suddenresignation of one or more directors would materially impair theeffective

functioningoftheboardofdirectors.Theboardofdirectors’policyisintendedtoallowtheboardofdirectorstoreacttosituationsthatcouldariseif theresignationof multipledirectors wouldprevent akey committee fromachieving a quorumor if a resignation wouldotherwiseimpairthefunctioningofthecommittee. Thepolicyalsowouldallowtheboardofdirectorstoassesswhetheradirectorwastargeted for reasons unrelated to his or her performance as adirector at the company. The policy requires that our nominatingand corporate governance committee and our board of directorsactpromptlytoconsideradirectornominee’sresignation.

Fulldetailsofourmajorityvotingwithdirectorresignationpolicyfornominees are set forth in our Bylaws and our CorporateGovernanceGuidelines,availableathttps://investor.twitterinc.com.

Notwithstandingtheforegoing,ifthenumberofnomineesexceedsthenumberof directorstobeelectedat theendof theapplicablenoticeperiodsetforthinSection2.4ofArticleIIofourBylaws(e.g.,a contested election) the majority voting with director resignationpolicyshall not applyandinsteadnomineesshall beelectedbyapluralityvoteofthesharesofourcommonstockpresentvirtuallyorby proxy at an annual meeting and entitled to vote thereon. Aplurality vote means that the nominees who receive the highestnumber of votes cast “For” are elected as directors. In such anelectionyoumayvote“For”or“Withhold”oneachofthenomineesforelectionasadirector.Abstentionswouldhavenoeffectontheoutcomeof this typeof election. Broker non-votes would havenoeffectontheoutcomeofthistypeofelection.

BOARD AND COMMITTEE PERFORMANCE EVALUATIONS

Ourboardofdirectorsandeachofitscommitteesconductannualself-evaluations to determine whether they are functioningeffectively and whether any changes are necessary to improvetheir performance. The nominating and corporate governancecommitteeisresponsibleforestablishingtheevaluationcriteriaandimplementing the process for the evaluation. Every year weconductinterviewsofeachdirectortoobtainhisorherassessmentof theeffectivenessof theboardof directorsandthecommittees,individual director performance and board of directors’ dynamics.The Executive Chairman and our Chief Legal Officer then reportthe results of these interviews at meetings of the nominating andcorporategovernancecommitteeandourboardofdirectors,wheretheresultsarediscussed.Inaddition,thechairofeachcommitteeguidesanannualcommitteeself-evaluationdiscussionamongthecommitteemembers.Theresultsofthecommitteeself-evaluationsare also reported to our board of directors for review anddiscussion.

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CompensationCommitteeInterlocksandInsiderParticipationNone of the members of our compensation committee during thelast fiscal year is or has been an officer or employee of ourcompany or had any relationship requiring disclosure under Item404 of Regulation S-K, under the Securities Act. None of ourexecutive officers currently serves, or in the past fiscal year hasserved, as a member of the board of directors or compensationcommittee (or other board committee performing equivalentfunctions) of any entity that has one or more of its executiveofficers serving on our compensation committee. None of ourexecutive officers currently serves, or in the past fiscal year hasserved, as a member of the compensation committee (or otherboardcommitteeperformingequivalentfunctions)ofanyentitythathas one or more of its executive officers serving on our board ofdirectors.

StockholderRecommendationsandNominationstotheBoardofDirectorsOurnominatingandcorporategovernancecommitteewillconsidercandidates for director recommended by stockholders holding atleast one percent (1%) of the fully diluted capitalization of thecompanycontinuously for at least twelve(12) monthsprior to thedate of the submission of the recommendation, so long as suchrecommendations comply with our amended and restatedcertificate of incorporation, Bylawsandapplicable laws, rules andregulations, including those promulgated by the SEC. Ournominating and corporate governance committee will evaluatesuchrecommendationsinaccordancewithitscharter,ourBylaws,our policies and procedures for director nominees, as well as theregular director nomineecriteria describedabove. Thisprocessisdesigned to ensure that our board of directors includes memberswith diverse backgrounds, skills and experience, includingappropriatefinancialandotherexpertiserelevanttoourbusiness.

Eligible stockholders wishing to recommend a candidate fornomination should contact our General Counsel in writing atTwitter, Inc., 1355 Market Street, Suite 900, San Francisco,California94103.Suchrecommendationsmustincludeinformationaboutthecandidate,astatementofsupportbytherecommendingstockholder, evidence of the recommending stockholder’sownership of our common stock and a signed letter from thecandidateconfirmingwillingnesstoserveonourboardofdirectors.Our nominating and corporate governance committee hasdiscretiontodecidewhichindividualstorecommendfornominationasdirectors.

UnderourBylaws,stockholdersmayalsonominatepersonsforourboard of directors. Any nomination must comply with therequirementssetforthinourBylawsandshouldbesentinwritingtoourSecretaryatTwitter,Inc.,1355MarketStreet,

Suite 900, San Francisco, California 94103. To be timely for our2021annual meeting of stockholders, our Secretary must receivethenominationnoearlierthanJanuary30,2021andnolaterthanMarch1,2021.

CommunicationswiththeBoardofDirectorsInterested parties wishing to communicate with our board ofdirectorsorwithanindividualmemberormembersofourboardofdirectors may do so by writing to our board of directors or to theparticular member or members of our board of directors, asapplicable, and mailing the correspondence to our GeneralCounsel at Twitter, Inc., 1355 Market Street, Suite 900, SanFrancisco,California94103.

Eachcommunicationshouldsetforth(i)thenameandaddressofthestockholder, asit appears in our records, andif thesharesofourcommonstockareheldbyanominee,thenameandaddressof the beneficial owner of such shares, and (ii) the number ofsharesofourcommonstockthatareownedofrecordbytherecordholderandbeneficiallybythebeneficialowner.

OurGeneralCounsel,inconsultationwithappropriatemembersofour board of directors as necessary, will review all incomingcommunications and, if appropriate, such communications will beforwardedtotheappropriatememberormembersofourboardofdirectors,orifnoneisspecified,totheExecutiveChairmanofourboardofdirectors.

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CorporateGovernanceOverviewWearecommittedtogoodcorporategovernance,whichpromotesthe long-term interests of our stockholders and strengthens ourboardofdirectorsandmanagementaccountabilityandhelpsbuildpublictrustinTwitter.

We provide a Governance Resources page on our InvestorRelations website (available at: https://investor.twitterinc.com/corporate-governance/governance-resources), which includesinformation regarding our commitment to corporate responsibilityand sustainability. We also publish our Twitter TransparencyReport on a biannual basis (available at:https://transparency.twitter.com), which includes detailedinformationandhighlightstrendsregardingtopicsincludingTwitterRules enforcement, platform manipulation, and legal requests. In2019, we also launched our Twitter Privacy Center (available at:https://privacy.twitter.com)toprovidemoreclarity aroundwhat wearedoingtoprotecttheinformationpeoplesharewithus.

We regularly monitor developments in the area of corporategovernance and review our processes and procedures in light ofsuch developments. As part of those efforts, we review federallaws affecting corporate governance, as well as rules adopted bytheSECandtheNYSEandweconsiderindustrybestpracticesforcorporategovernance.Webelievethatwehaveinplacecorporategovernance procedures and practices that are designed toenhanceourstockholders’interests.

CorporateGovernanceStrengthsHighlightsofourcorporategovernancepracticesincludethefollowing:

✓ 80%ofdirectorsareindependent

✓ SeparateCEOandExecutiveChairman

✓ LeadIndependentDirector

✓ Majorityvotingwithdirectorresignationpolicyforelectionofdirectors

✓ Compensationrecovery(clawback)policyforcash-basedincentiveorperformance-basedequitycompensationintheeventofafinancialrestatement

✓ Thoughtfulboardrefreshmentprocess

✓ 100%independentcommitteemembers

✓ Successionplanningprocess

✓ Strictanti-hedging,anti-shortsaleandanti-pledgingpolicies

✓ RobustCodeofBusinessConductandEthicsandCorporateGovernanceGuidelines

✓ Directorparticipationinorientationandcontinuingeducation

✓ Annualboardofdirectorandcommitteeself-evaluations

✓ Expansivestockholderoutreachprogram

✓ Periodicreviewsofcommitteecharters,CodeofBusinessConductandEthicsandCorporateGovernanceGuidelines

✓ Robustdirectornomineeselectionprocess

✓ Riskoversightbyfullboardandcommittees

✓ AnnualSay-on-Payvote

✓ Performance-basedequityincentives

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We believe that effective corporate governance should includeregular, constructive conversations with our stockholders. Certainmembers of our board and members of our executive teamhaveengagedwithstockholdersdirectlythroughouttheyear.Ourboardhas also directed our management team to seek and encouragefeedback from stockholders about our corporate governancepractices by conducting additional stockholder outreach andengagement throughout the year. During the past fiscal year, ourmanagement team reached out to our top institutional investorscollectively holding approximately 42% of our shares outstandingand met with institutional investors holding approximately 28%ofour shares outstanding to discuss our corporate governance andexecutive compensation programs and to answer questions andelicit feedback. These engagement efforts with our stockholdersallowed us to better understand our stockholders’ priorities andperspectives, and provided us with useful input concerning ourcompensation and corporate governance practices, includinghealth and safety, risk management and human capitalmanagement.

While wedonot expect that wewill be able to address all of ourstockholders’ feedback, we seek to optimize our corporategovernance by continually refining our relevant policies,procedures andpractices to align the needs of the company withevolving regulations and best practices, issues raised by ourstockholders,andotherwiseascircumstanceswarrant.Webelievethat our actions advanced our compensation practices andgovernanceinamannerresponsivetotheinputwereceivedfromourstockholdersandinamannerappropriateforourcompany.Wewillcontinuetoreviewourcompensationandgovernancepracticesand engage in significant dialogue with our stockholders goingforward.

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STOCKHOLDER OUTREACH


CorporateGovernanceGuidelinesandCodeofBusinessConductandEthicsOur board of directors has adopted our Corporate GovernanceGuidelinesthataddressitemssuchas:

• directorqualifications;

• directorindependence;

• directorresponsibilities;

• executivesessionsandleadershiproles;

• conflictsofinterest;

• boardofdirectorscommittees;

• directoraccesstomanagementandadvisors;

• directorcompensation;

• directororientationtrainingandcontinuingeducation;

• leadershipdevelopmentandsuccessionplanning;

• CEOevaluation;

• stockholdercommunicationswiththeboardofdirectors;and

• performance evaluation of the board of directors and itscommittees.

In addition, our board of directors has adopted our Code ofBusiness Conduct and Ethics which applies to all of ouremployees, officers and directors, including our Chief ExecutiveOfficer, Chief Financial Officer, and other executive and seniorfinancialofficers,thataddressesitemssuchas:

• ourcorevalues;

• corporateopportunities;

• fairdealing;

• compliancewithlawsandpolicies;

• confidentiality;

• financialintegrityandresponsibility;

• protectionanduseofassetsandintellectualproperty;

• publiccommunicationsandfinancialreporting;

• reportingviolationsoflawandpolicies;

• accountability;and

• noretaliation.

ThefulltextofourCorporateGovernanceGuidelinesandourCodeof Business Conduct and Ethics is posted on the CorporateGovernance portion of our website athttps://investor.twitterinc.com.WewillpostanyamendmentstoourCorporateGovernanceGuidelines,CodeofBusinessConductandEthics and any waivers of our Code of Business Conduct andEthicsfordirectorsandexecutiveofficersonthesamewebsite.

RiskManagementRisk is inherent with every business, and we face a number ofrisks,includingstrategic,financial, businessandoperational,legaland compliance, and reputational. We have designed andimplemented processes to manage such risks. Management isresponsible for the day-to-day management of risks the companyfaces,whileourboardofdirectors,asawholeandassistedbyitscommittees, has responsibility for the oversight of riskmanagement. In its risk oversight role, our board of directors hasthe responsibility to satisfy itself that the risk managementprocesses designed and implemented by management areappropriateandfunctioningasdesigned.

Ourboardofdirectorsbelievesthatopencommunicationbetweenmanagement and our board of directors is essential for effectiveriskmanagementandoversight.Ourboardofdirectorsmeetswithour Chief Executive Officer and other members of the seniormanagementteamatquarterlymeetingsofourboardofdirectors,where,amongothertopics, theydiscussstrategyandrisksfacingthe company, as well at such other times as they deemedappropriate. Oversight of human capital management is animportantroleofourboardofdirectors. Managementupdatesourboard of directors at least annually on our human capitalmanagement initiatives and progress. We publish a quarterlyInclusion and Diversity Report (available at:https://blog.twitter.com/en_us/topics/company/2020/Inclusion

-and-Diversity-Report-March-2020.html) through which wecommunicate how we foster important conversations on ourservice, create programs that build a culture of inclusion, andpartner with organizations that are focused on building morediverse workplaces across the broader tech industry. In addition,cybersecurity is a critical part of risk management at Twitter.Managementregularlyengageswithourfullboardofdirectorsandouraudit committeeonTwitter’sinformationsecurityprogramanditsr

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