Press release

Splunk Appoints Jason Child as Chief Financial Officer

Sponsored by Businesswire

(NASDAQ: SPLK), delivering actions and outcomes from the world
of data, today announced it has appointed Jason Child as senior vice
president and chief financial officer (CFO). Child has more than 25
years of experience leading at high growth companies and scaling global
finance functions. He will succeed Dave Conte, who announced his
retirement in November 2018 after more than eight years as CFO at
Splunk. Conte will help to facilitate a smooth transition and remain a
strategic advisor through the transition. Child will report to Doug
Merritt, President and CEO, Splunk. His start date will be May 6, 2019.

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Jason Child (Photo: Business Wire)

Jason Child (Photo: Business Wire)

“Jason has a well-earned reputation for leading finance at disruptive,
high-growth companies, and I am thrilled he has joined the Splunk team,”
Merritt said. “Jason will help Splunk continue to create global scale
and fuel our ongoing growth and innovation across the business. I would
like to thank Dave for his leadership as CFO for eight years from
pre-IPO to over $2 billion in expected revenue this year.”

Child has served as CFO at Opendoor since 2017. He previously served as
CFO at Jawbone from 2015 to 2016; and CFO at Groupon, Inc. from 2010 to
2015. Child also helped Amazon scale the global finance team in a
variety of leadership roles around the world from 1999 to 2010.

“Bringing data to business decisions and actions has been a cornerstone
of my career, and I’m thrilled to join Splunk and help scale the
business so all organizations can take action with their data,” said
Child. “Splunk is one of the most successful enterprise software
companies in recent history, and the finance team is a big part of that
track record. It is an honor to succeed Dave Conte, and I am excited to
be part of Splunk’s next wave of innovation and success .”

Safe Harbor Statement

This press release contains forward-looking statements that involve
risks and uncertainties, including statements regarding Splunk’s revenue
targets for the company’s fiscal year 2020 and other statements
regarding our market opportunity, product innovation, and expectations
for our business. There are a significant number of factors that could
cause actual results to differ materially from statements made in this
press release, including: risks associated with Splunk’s
growth, particularly outside of the United States; Splunk’s inability to
realize value from its significant investments in its business,
including product and service innovations and through acquisitions;
Splunk’s shift from sales of perpetual licenses in favor of sales of
term licenses and subscription agreements for our cloud services;
Splunk’s transition to a multi-product software and services business;
Splunk’s inability to successfully integrate acquired businesses and
technologies; Splunk’s inability to service its debt obligations or
other adverse effects related to our convertible notes; and general
market, political, economic, business and competitive market conditions.

Additional information on potential factors that could affect
Splunk’s financial results is included in Splunk’s Annual Report on Form
10-K for the fiscal year ended January 31, 2019, which is on file with
the U.S. Securities and Exchange Commission (“SEC”) and Splunk’s other
filings with the SEC. Splunk does not assume any obligation to update
the forward-looking statements provided to reflect events that occur or
circumstances that exist after the date on which they were made, except
as required by applicable law.

About Splunk Inc.

Splunk Inc. (NASDAQ: SPLK) helps organizations ask questions, get
answers, take actions and achieve business outcomes from their data.
Organizations use market-leading Splunk solutions with machine learning
to monitor, investigate and act on all forms of business, IT, security,
and Internet of Things data. Join millions of passionate users and try
Splunk for free

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