Zendesk Announces Stockholder Approval of Merger Agreement

Transaction with Consortium Led by Hellman & Friedman and Permira Expected to Close in the Fourth Quarter of 2022

Zendesk, Inc. (“Zendesk”) announced that its stockholders voted to adopt the Agreement and Plan of Merger (the “merger agreement”) whereby Zendesk will be acquired by a consortium led by Hellman & Friedman and Permira (the “Consortium”) for $77.50 per share in cash.

“We thank our stockholders for their support and are pleased to now shift our focus to the important next steps toward completing the transaction.”

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“Today’s vote by our stockholders validates our belief that this transaction will deliver immediate value to our stockholders and superior solutions to our customers,” said Mikkel Svane, CEO & Founder, Zendesk. “We thank our stockholders for their support and are pleased to now shift our focus to the important next steps toward completing the transaction.”

Subject to customary closing conditions, the proposed transaction is expected to close in the fourth quarter of this year. The final voting results of the Special Meeting will be set forth in a Form 8-K filed with the U.S. Securities and Exchange Commission following certification by Zendesk’s inspector of election.

Zendesk started the customer experience revolution in 2007 by enabling any business around the world to take their customer service online. Today, Zendesk is the champion of great service everywhere for everyone, and powers billions of conversations, connecting more than 100,000 brands with hundreds of millions of customers over telephony, chat, email, messaging, social channels, communities, review sites and help centers. Zendesk products are built with love to be loved. The company was conceived in Copenhagen, Denmark, built and grown in California, taken public in New York City, and today employs more than 6,000 people across the world.

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