Investment firm Jlens is actively urging shareholders of Cloudflare, Inc. to cast a “withhold” vote for the re-election of two directors at the company’s annual meeting scheduled for June 30, 2026.

This action highlights some investors' potential concerns regarding the current composition of Cloudflare's board of directors and the direction of the company's governance. By casting "withhold" votes, shareholders can express their opposition to the continued tenure of specific board nominees, which is often seen as a way to apply pressure and prompt the company to review and respond to investor demands. As a well-known provider of cybersecurity and content distribution services, the outcome of Cloudflare's board member elections will directly impact the company's future strategic decisions and developmental path. Jlens's initiative is expected to spark increased shareholder attention and discussion on corporate governance issues ahead of the upcoming shareholders' meeting.