Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 13, 2022, Peter Levine, a member of the Board of Directors (the
"Board") of DigitalOcean Holdings, Inc. (the "Company"), notified the Company of
his intention not to stand for reelection at the Company's 2022 Annual Meeting
of Stockholders (the "Annual Meeting"). Mr. Levine joined the Board in February
2014 in connection with the Series A investment in the Company by Andreessen
Horowitz ("AH"). Mr. Levine intends to focus on managing his existing venture
investments at AH in the future. Mr. Levine's decision not to stand for
reelection was not due to any disagreement with the Company on any matter
relating to the Company's operations, policies or practices, and he will
continue to serve on the Board through the date of the Annual Meeting.
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