One of the objectives of Pegasystems is to build a fast-growing, profitable enterprise that rewards our employees, shareholders, and partners. Achievement of this objective requires us to earn the trust of our many stakeholders: employees, customers, partners, suppliers, shareholders, government officials, and the general public.

An enterprise or individual earns trust by daily actions. At Pegasystems, the tone for our actions starts with the environment set by the Board of Directors and the Senior Leadership team. This environment is supported by the many corporate-governance initiatives in place throughout the organization.

We expect our employees, contractors, and partners to be team-oriented, take ownership, act with integrity, and value diversity. We strive to do the right thing, not because we are required to do it, because we want to do it.

We have made our basic corporate-governance documents public because we want our stakeholders to understand how we strive to act in all of our business actions. We strive to comply with both the letter and spirit of applicable laws and regulations. An example of this is our decision not to utilize the exemption available to us from the NASDAQ listing requirements relating to Board of Directors independence.

Please take time to review the various corporate-governance documents we have made available to help you understand some of our corporate-governance efforts in our journey to earn and maintain the trust of our stakeholders.