SUBJECT: Exciting News for Pluralsight
Dear Valued Customer,
Pluralsight has embarked on an exciting
new chapter in our evolution. We announced that weve entered into a definitive agreement to be acquired by Vista Equity Partners, a leading global investment firm focused on enterprise software, data and technology-enabled businesses. By
partnering with Vista, we will be positioned to move faster, be more agile, and accelerate our strategic vision. Ultimately, we believe we will be able to deliver deeper, more powerful solutions that help our customers adapt and thrive in the
digital age.
If you are not familiar, Vista is focused exclusively on investing in and partnering with world-class software, data and technology-enabled
businesses and their leadership teams. They have pioneered an investment and operating model for market-leading SaaS companies with substantial untapped opportunity ahead of them.
You should experience minimal, if any, changes as a result of this news. Vista and our executive team are committed to our strategic vision. Vista shares our
belief in the transformative power of technology and technology skills, and has seen the power of our platform first-hand as Skills and Flow customers across many of their portfolio companies. They will serve as valuable strategic advisors.
In terms of next steps, the transaction is expected to close in the first half of 2021. We are operating as usual. Your point of contact will remain the same
and work with you as they always have. Please dont hesitate to reach out with any questions.
We want to sincerely thank you for your continued
support of Pluralsight, and we look forward to building upon our partnership.
Additional Information and Where to Find It
Pluralsight, its directors and certain executive officers are participants in the solicitation of proxies from stockholders in connection with the acquisition
of Pluralsight (the Transaction). Pluralsight plans to file a proxy statement (the Transaction Proxy Statement) with the Securities and Exchange Commission (the SEC) in connection with the solicitation of proxies
in connection with the Transaction.
Aaron Skonnard, Gary Crittenden, Scott Dorsey, Arne Duncan, Ryan Hinkle, Leah Johnson, Timothy Maudlin, Frederick
Onion, Bradley Rencher, Bonita Stewart and Karenann Terrell, all of whom are members of Pluralsights Board of Directors, and James Budge, Pluralsights Chief Financial Officer, are participants in Pluralsights solicitation. Other
than Messrs. Skonnard and Onion, none of such participants owns in excess of one percent of the voting power of Pluralsights common stock. Mr. Skonnard may be deemed to own approximately 53.6 percent of the voting power of
Pluralsights capital stock, and Mr. Onion may be deemed to own approximately 4.2 percent of the voting power of Pluralsights capital stock. Additional information regarding such participants, including their direct or indirect
interests, by security holdings or otherwise, will be included in the Transaction Proxy Statement and other relevant documents to be filed with the SEC in connection with the Transaction. Information relating to the foregoing can also be found in
Pluralsights definitive proxy statement for its 2020 Annual Meeting of Stockholders (the 2020 Proxy Statement), which was filed with the SEC on March 18, 2020. To the extent that holdings of Pluralsights securities have
changed since the amounts printed in the 2020 Proxy Statement, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC.
Promptly after filing the definitive Transaction Proxy Statement with the SEC, Pluralsight will mail the definitive Transaction Proxy Statement and a WHITE
proxy card to each stockholder entitled to vote at the special meeting to consider the Transaction. STOCKHOLDERS ARE URGED TO READ THE TRANSACTION PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS
THAT PLURALSIGHT WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Stockholders may obtain, free of charge, the preliminary and definitive versions of the Transaction Proxy Statement, any amendments
or supplements thereto and any other relevant documents filed by Pluralsight with the SEC in connection with the Transaction at the SECs website (http://www.sec.gov). Copies of Pluralsights definitive Transaction Proxy Statement, any
amendments or supplements thereto and any other relevant documents filed by Pluralsight with the