the surviving company or one or more of its affiliates. Prior to or following the closing of the merger (but after the expiration of the
go-shop
period), however, certain of our executive officers may have discussions, and following the closing of the merger, may enter into agreements with Siris or the surviving company, its
subsidiaries or any of their respective affiliates regarding employment with, or the right to purchase or participate in the equity of, the surviving company or one or more of its affiliates.
FORWARD LOOKING STATEMENTS
This communication contains
forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used herein, words such as address,
anticipate, believe, consider, continue, develop, estimate, expect, further, goal, intend, may, plan,
potential, project, seek, should, target, will, and variations of such words and similar expressions as they relate to EFI, its management or the proposed transaction are often
used to identify such statements as forward-looking statements. Such statements reflect the current views of the Company and its management with respect to future events, including the proposed transaction, and are subject to certain
risks and uncertainties that may cause actual results to differ materially from the results expressed in, or implied by, these forward looking statements. These risks and uncertainties include, but are not limited to, the following: (i) EFI may
be unable to obtain shareholder approval as required for the proposed transaction; (ii) other conditions to the closing of the proposed transaction may not be satisfied, including that a governmental entity may prohibit, delay or refuse to
grant a necessary regulatory approval; (iii) the proposed transaction may involve unexpected costs, liabilities or delays; (iv) the business of EFI may suffer as a result of uncertainty surrounding the proposed transaction;
(v) shareholder litigation in connection with the proposed transaction may affect the timing or occurrence of the proposed transaction or result in significant costs of defense, indemnification and liability; (vi) EFI may be adversely
affected by other economic, business, and/or competitive factors; (vii) the occurrence of any event, change or other circumstances could give rise to the termination of the definitive merger agreement with affiliates of Siris;
(viii) EFIs ability to recognize the anticipated benefits of the proposed transaction; (ix) the risk that the proposed transaction disrupts EFIs current plans and operations or diverts managements or employees
attention from ongoing business operations; (x) the risk of potential difficulties with EFIs ability to retain and hire key personnel and maintain relationships with suppliers and other third parties as a result of the proposed
transaction; and (xi) other risks to consummation of the proposed transaction, including the risk that the proposed transaction will not be consummated within the expected time period or at all. Additional factors that may affect the future
results of EFI and the proposed transaction are set forth in filings that EFI makes with the SEC from time to time, including those listed under Risk Factors in EFIs Annual Report on Form
10-K
for the year ended December 31, 2018 and filed with the SEC on February 27, 2019, as updated or supplemented by subsequent reports that EFI has filed or files with the SEC. You are cautioned not
to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. EFI assumes no obligation to publicly update any forward-looking statement after it is made, whether as a result of new information,
future events or otherwise, except as required by law.
IMPORTANT INFORMATION FOR INVESTORS AND WHERE TO FIND IT
This communication may be deemed to be solicitation material in respect of the proposed acquisition of EFI by affiliates of Siris. In connection with the
proposed transaction, EFI has filed relevant materials with the SEC, including the proxy statement in preliminary and definitive form, in connection with the solicitation of proxies from EFIs shareholders for the proposed transaction. The
definitive proxy statement contains important information about the proposed transaction and related matters. BEFORE MAKING A VOTING DECISION, SHAREHOLDERS OF EFI ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT, AND OTHER RELEVANT DOCUMENTS,
CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT EFI, THE PROPOSED TRANSACTION AND RELATED MATTERS. Shareholders may obtain free copies of the proxy statement and other documents (when
available) that EFI files with the SEC through the website maintained by the SEC at www.sec.gov. Copies of the documents filed with the SEC by EFI will also be available free of charge on EFIs investor relations website at www.efi.com or by
contacting EFIs Investor Relations Department at investor.relations@efi.com.
PARTICIPANTS IN THE SOLICITATION
EFI and certain of its directors, executive officers and employees may be deemed to be participants in the solicitation of proxies from EFIs shareholders
in connection with the proposed transaction. Information regarding the ownership of EFI securities by EFIs directors and executive officers is included in their SEC filings on Forms 3, 4 and 5, and additional information about EFIs
directors and executive officers is also available in EFIs proxy statement for its 2019 annual meeting of shareholders filed with the SEC on April 26, 2019 (as supplemented on June 4, 2019) and is supplemented by other filings made,
and to be made, with the SEC by EFI. Additional information regarding persons who may be deemed participants in the solicitation of proxies from EFIs shareholders in connection with the proposed transaction, including a description of their
respective direct or indirect interests, by security holdings or otherwise, is included in the definitive proxy statement described above. These documents are or will be available free of charge as described above.