Press release

Box Announces Appointment of Peter Leav, former President and CEO of BMC Software, to its Board of Directors

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Box (NYSE:BOX), a leader in cloud content management, today announced
the appointment of Peter Leav to its Board of Directors, effective
immediately following the conclusion of the 2019 Annual Meeting of
Stockholders in June. Most recently, Leav was the President and CEO of
BMC Software and prior to that, served as the President and CEO of

“Peter brings years of deep industry expertise successfully scaling and
leading multi-billion dollar enterprise technology businesses, and will
be a fantastic addition to our Board of Directors,” said Aaron Levie,
co-founder and CEO of Box. “Over the last year, we’ve added extensive
experience to our board with the appointments of Sue
, Kim
, and now, Peter. Their collective expertise leading global
companies, driving strategic vision, and executing with operational
rigor will be invaluable to Box as we continue to scale and grow.”

“Box has a tremendous opportunity to capture a $40 billion market and
pioneer a new category in Cloud Content Management,” said Peter Leav.
“I’m thrilled to bring my experience managing global technology
companies and working with leaders to drive growth and consistently
deliver value for customers to the exceptional team at Box.”

Background on Peter Leav

Leav was most recently the President, Chief Executive Officer, and
Director of BMC Software, Inc. Prior to joining BMC, he was the
President and Chief Executive Officer, and Director of Polycom, a global
collaboration business serving the enterprise market. Previously, he was
also Executive Vice President and President, Industry and Field
Operations of NCR Corporation, a global technology company, and at
Motorola, Inc., Leav was Corporate Vice president and General Manager of
the enterprise business in North America, Latin America and EMEA.

Earlier in his career, Leav held executive sales leadership positions at
Symbol Technologies and Cisco Systems. Leav holds a bachelor’s degree
from Lehigh University.

Board of Directors Update

As Leav joins the Board of Directors, Steven Krausz, a General Partner
of U.S. Venture Partners and a long-standing Box Board member, has
decided to step down as a member of its board, effective immediately
following the conclusion of the 2019 Annual Meeting of Stockholders.
Krausz’s relationship with Box dates back to 2008 when U.S. Venture
Partners led the company’s Series B funding. He has served on the Board
of Directors since 2013. Box and the Board wish to thank Krausz for his
years of service and significant contributions to the company. Box has
an ongoing search for one or more new directors underway.

About Box

Box (NYSE:BOX) is a leading Cloud Content Management platform that
enables organizations to accelerate business processes, power workplace
collaboration and protect their most valuable information, all while
working with a best-of-breed enterprise IT stack. Founded in 2005, Box
works with 70 percent of the Fortune 500, including AstraZeneca, General
Electric, Nationwide, and P&G, to drive business outcomes. Box is
headquartered in Redwood City, CA, with offices across the United
States, Europe and Asia. To learn more about Box, visit