Analyst Coverage

Firm Analyst
Bank of America Merrill Lynch Dan Bartus
Barclays Saket Kalia
Berenberg Capital Markets Josh Tilton
Cowen and Company Nick Yako
Deutsche Bank Gray Powell
Dougherty & Company Catharine Trebnick
Evercore ISI Kenneth Talanian
FBN Securities, Inc. Shebly Seyrafi
First Analysis Howard Smith
Guggenheim Imtiaz Koujalgi
J.P. Morgan Sterling Auty
JMP Erik Suppiger
Mizuho Gregg Moskowitz
Monness Crespi Hardt & Co. Ryan Flanagan
Morgan Stanley Melissa Franchi
Needham Alex Henderson
Oppenheimer Shaul Eyal
Pacific Crest Securities Rob Owens
PiperJaffray Andrew Nowinski
Stifel Gur Talpaz
Summit Srini Nandury
UBS Fatima Boolani
Wedbush Securities Dan Ives
William Blair Jonathan Ho

CyberArk Software Ltd. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding CyberArk Software Ltd.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of CyberArk Software Ltd. or its management. CyberArk Software Ltd. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.