PROGRESS SOFTWARE CORP /MAPRGS

Progress acquired Domo assets including AI-powered data products and AI agents.

“On September 22, 2026, pursuant to the terms of that certain Asset Purchase Agreement dated as of July 22, 2026 (the “Purchase Agreement”), by and between Progress Software Corporation, a Delaware corporation (“Progress”) and Domo, Inc., a Delaware corporation (the “Seller”), Progress completed the previously announced purchase of substantially all of the assets and employees, excluding the Seller’s net operating loss carryforwards, and assumption of certain liabilities of the Seller used in the operation of its business of providing software platforms, applications, tools and related technologies for business intelligence, data visualization, reporting and dashboarding, data integration and analytics, embedded and distributed analytics, workflow and process automation, AI-powered data products and AI agents, and data governance and data management, in each case delivered on a cloud-based, hosted, on premises or hybrid basis to enterprise, commercial and governmental customers. The transactions contemplated by the Purchase Agreement are collectively referred to as the “Transaction”.”

Domo offers a cloud-native data platform with agentic orchestration, AI, and 1000+ connectors.

“5 © 2026 Progress Software Corporation and/or its subsidiaries or affiliates. All rights reserved. Who is Domo? 1. Domo ARR contribution based upon Progress reporting and definition policies, and excluding seat - based licenses. © 2026 Progress Software Corporation and/or its subsidiaries or affiliates. All rights reserved. Cloud - native, data - readiness platform that unifies enterprise data, analytics, automation, and AI - powered applications in real time Cloud Native Agentic Orchestration & Governance AI Data - Readiness Platform 1,000+ API Connectors 100%+ Consumption Native NRR ~2.4K Customers 86% Consumption Contracts”

Domo platform centers on agentic AI for data workflows, automation, and integration with 1000+ connectors.

“6 © 2026 Progress Software Corporation and/or its subsidiaries or affiliates. All rights reserved. AI Agent Domo Platform ÇÇ Integrates With 1,000+ Pre - Built Connectors Connect data from anywhere in minutes © 2026 Progress Software Corporation and/or its subsidiaries or affiliates. All rights reserved. Powerful Agentic AI At The Center Of Data Workflows For Automation Intelligent business agents that turn insights into action Structured Describe Goals LLM Tools Systems Agents Unstructured Proprietary System Connectors On - Prem Connectors Cloud Connectors File Upload Connectors Federated Connectors Instructions Knowledge 1 AI Agents & Workflow EXTEND Visualizations Dashboards Apps Embedded Analytics Data Science Data Engineering Cloud Sources Native APIs EDW / Data Lake On Premises AUTOMATE INTEGRATE 1 2 2 Domo Everywhere Agent Catalyst Domo Apps Domo BI Magic Transform Domo Integration Key Products”

Progress and Domo together enable governed data, trusted AI, and agentic workflow with RAG.

“7 © 2026 Progress Software Corporation and/or its subsidiaries or affiliates. All rights reserved. . Context + Control: Accelerating the AI - Ready Enterprise Data Direct MarkLogic Semaphore Agentic RAG Domo Integration Magic ETL Agent Catalyst App Catalyst Progress and Domo Are Better Together Governed Data In, Trusted AI Action Out Deeper Insights & Automation Agentic Workflow Enablement”

Progress agrees to acquire Domo's AI and data platform business including AI agents and analytics.

“On July 22, 2026, Progress Software Corporation (“Progress”) entered into an Asset Purchase Agreement (the “Purchase Agreement”) with Domo, Inc., a Delaware corporation (the “Seller”), pursuant to which Progress has agreed to acquire substantially all of the assets and employees, excluding the Seller’s net operating loss carryforwards, and assume certain liabilities of the Seller used in the operation of its business of providing software platforms, applications, tools and related technologies for business intelligence, data visualization, reporting and dashboarding, data integration and analytics, embedded and distributed analytics, workflow and process automation, AI-powered data products and AI agents, and data governance and data management, in each case delivered on a cloud-based, hosted, on premises or hybrid basis to enterprise, commercial and governmental customers (the “AI and Data Platform Business”). The transactions contemplated by the Purchase Agreement are collectively referred to as the “Transaction”.”

Domo seller agrees to 3-year non-compete on activities competing with the acquired AI and data business.

“(b) Non-Compete . In further consideration of the amounts to be paid hereunder in exchange for the Business and the Purchased Assets, including the goodwill of the Business sold in connection therewith, during the period commencing on the Closing Date and ending on the third (3rd) anniversary of the Closing Date (the “ Restricted Period ”), the Seller shall not, and shall cause its controlled Affiliates not to, directly or indirectly, whether for itself or through any other Person, and whether individually, jointly or in any capacity, in each case, unless Buyer provides prior written consent (which consent shall not be unreasonably withheld, delayed or conditioned): (i) engage in any Competitive Activities anywhere in the world (the “ Restricted Area ”); (ii) own any interest in, manage, operate, control, finance, render services to, provide assistance to, consult for, participate in, or otherwise become associated with any Person that engages in, or is actively planning to engage in, Competitive Activities within the Restricted Area; (iii) derive revenue from, or enter into any Contract or arrangement to derive revenue from, any horizontal product line involving ETL, ELT, connectors, dashboards, business intelligence, data visualization, data integration or data connectivity products or services, or any other product or services, that compete with the Business; (iv) provide consulting, implementation, system integration, advisory or other similar professional services to Buy”

Definition of the acquired Domo business includes AI-powered data products, AI agents, and data governance.

““ Business ” means the business of developing, providing, marketing, distributing, licensing, selling, supporting, maintaining, operating, hosting and commercializing software platforms, applications, tools and related technologies for: (i) business intelligence, data visualization, reporting and dashboarding; (ii) data integration, data preparation, data transformation and data connectivity; (iii) data analytics, including descriptive, predictive and prescriptive analytics; (iv) embedded and distributed analytics; (v) workflow and process automation; (vi) AI-powered data products, AI agents and machine-learning services applied to or operating upon business data; and (vii) data governance and data management, in each case whether delivered on a cloud-based, hosted, on-premises or hybrid basis, under subscription, consumption-based or perpetually licensed models, to enterprise, commercial or governmental customers, together with all related services, in each case as conducted, or in active development, by the Seller and its Subsidiaries immediately prior to the Closing.”

Definition of competitive activities includes AI-powered data products and AI agents that compete with the business.

““ Competitive Activities ” means developing, providing, marketing, distributing, licensing, selling, supporting, maintaining, operating, hosting or commercializing any software platform, application, tool, product, service or related technology that competes with or is intended to compete with the Business or any of the Business Products, including, without limitation, any software platform, application, tool, product, service or related technology developed for: (A) business intelligence analytics, data visualization, reporting or dashboarding; (B) data integration, data preparation, data transformation or data connectivity, including ETL, ELT, connectors or similar connectivity products or services; (C) data analytics, including descriptive, predictive or prescriptive analytics; (D) embedded or distributed analytics; (E) workflow or process automation; (F) AI-powered data products, AI agents or machine-learning services applied to or operating upon business data; or (G) data governance or data management. For the avoidance of doubt, Competitive Activities shall not include the development of custom applications for the internal use of third parties utilizing the Domo platform, so long as such activities do not involve the commercialization, licensing, marketing, distribution or offering of any software product, platform, service or technology that competes with the Business or any Business Product.”

Progress offers Agentic RAG-as-a-Service platform for AI agents.

“Progress Agentic RAG: A next-generation Agentic Rag-as-a-Service platform offering fast, flexible, and modular retrieval functionality to artificial intelligence ("AI") agents from a wide variety of unstructured data formats.”

Progress acquired Nuclia, an innovator in agentic RAG AI solutions.

“On June 30, 2025, we completed the acquisition of Nuclia, an innovator in agentic Retrieval-Augmented Generation AI solutions, for a purchase price with an aggregate fair value of $ 21.4 million, which was primarily allocated to purchased technology and goodwill. The purchase consideration consisted of $ 20.3 million of cash paid at closing and contingent consideration with an estimated fair value of $ 1.1 million.”