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Advisers Holdings LLC, Neuberger Berman Group LLC, NBSH Acquisition LLC, Neuberger Berman Breton Hill ULC, NB Acquisitionco ULC, Neuberger Berman Canada Holdings LLC Benjamin Nahum, Scott Hoina, and Amit Solomon, (collectively the “Neuberger Berman
Participants”) and Ms. Beatriz V. Infante, Dr. Mark Greene, and Mr. Oded Weiss (collectively, with the Neuberger Berman Participants, the “Participants”) filed a definitive proxy statement on Schedule 14A (the “Neuberger Berman Proxy Statement”)
with the Securities and Exchange Commission (“SEC”), along with an accompanying GOLD proxy card, to be used in connection with the Participants’ solicitation of proxies from the stockholders of Verint Systems Inc. (the “Company”) for use at the
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Neuberger Berman Lays Out Case for Change At Verint Systems Download Neuberger Bennan’s Investor Presentation Neuberger Berman is seeking your support to elect three directors to the Board of Verint Ms. Beatriz Infante, Dr. Mark Greene and
Mr. Oded Weiss. If elected, these nominees are committed to working with the other Directors to establish new financial measurements and a capital allocation framework while holding management accountable for performance. Verint’s 12-year Return on
Investment (Acquisitions + R&D + Cap Ex) $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $0 $1,088 $2,095 $1,915 ($1,941) $1.9 of Value Destruction $3,157 Market Cap 12/20/2006 Acquisitions R&D + Capex Return on Investment Market Cap 1/31/2019
$1.1B Starting Market Cap + $4.0B Acquisitions + R&D + CapEX $3.2B Ending Market Cap WHY WE ARE ASKING FOR YOUR VOTE Neuberger Berman was founded in 1939 to do one thing: deliver compelling investment results for our clients over the long term
That remains our singular purpose today driven by a culture rooted in deep fundamental research and facilitated by the -free exchange of ideasthe companies that we invest in. Our Intrinsic Value Strategy has been invested in Verint since 2006 and
owns 1,743,123 shares as of May 13, 2019, approximately 2.7%, of Verints outstanding stock. We firmly believe that Verint has the opportunity to create substantial same for its owners. However, for long-term Investors like us, it has been
particularly frustrating to watch Verint lag behind its peers, year after year, on many levels, including organic sales growth, operating margin and, most importantly, total shareholder return We believe Verint needs to do three things to maximize
value for its shareholders: Commit to transitioning to a modern cloud business model, with identified medium- and long-range financial and performance targets that give shareholders visibility into its growth and revenue quality. and the ability to
hold management accountable; Clearly articulate the Company’s capital allocation priorities and present a compelling case for its current business configuration, so shareholders know how their capital will be used to create value and shy the Board
believes the current conglomerate structure is optimal, and Upgrade the Board, by adding professionals with substantial software, analytics, cloud and corporate governance expertise to give shareholders confidence that the Board is properly
overseeing the Company’s strategy and will hold management accountable for performance. We encourage you to read the materials on this website carefully. to reach out to us wilt any questions you might have, and to check in for updates. Read our
May 13 2019.1etter to Verint Shareholders Thank you for your support! Neuberger Berman
Your Vote is Important! Tell the Verint Board what you think by voting the GOLD proxy card Vote by Phone - Please call the telephone number specified on your
Gold proxy card from a touchtone phone and follow the simple instructions. Vote by Internet - Follow the instructions on your GOLD proxy card to vote online. Vote by Mail - Simply complete, sign. date and return the Gold proxy card in the
postage-paid envelope provided. It you have not received your proxy card, you can call your broker and request that they give you the control number to the Gold proxy card. You can then take that number and go to www.proxyvote.com and place
your vote. Investors with questions about how to vote can contact Neuberger Berman’s proxy solicitor OKAPI PARTNERS 1212 Avenue of the Americas. 24th Floor New York. NY 10036 Call Toll-Free: (855) 305-0857 Email: info@okapipartners.com
Ms. Beatriz Infante Beatriz V. Infante is a software industry veteran and a four-time CEO with a track record of successfully leading multiple international technology businesses to extremely high levels of growth, profitability and
shareholder return. As a Senior Vice President responsible for Oracle’s Open Systems Group and later Oracle’s Next-Generation Products Group, Ms. Infante reported directly to Larry Etson and has led both early stage and Fortune 100 organizations
through $2B in revenues across a variety of technology sectors, including SaaS/Cloud, cybersecurity, enterprise software, big data & analytics, data transformation, communications, mobile and hardware. In 2013, Ms. Infante was named to the
Financial Times Agenda ‘Top 50 Digital Directors’ List.” In addition to her technology expertise and senior management experience, Ms. Infante is a seasoned public company board member; her strong understanding of corporate governance best practice
will make her an invaluable addition to Verint’s Board. Or. Mark Greene Dr. Mark Greene is a senior financial software and analytics executive with 5+ years of global executive experience leading and growing complex global businesses. Over the
course of his career, Dr. Greene managed several large enterprise software business, including as CEO of OpenLink, a high-growth, private equity-backed global software and services business, CEO of Fair Isaac Corporation (FICO),. a pioneer in
credit risk scoring and analytics for the financial services industry, and as a General Manager at IBM, where he was ultimately responsible for IBM’s security business. Dr. Greene has served on numerous public and private company boards. His
experience as a CEO simplifying complex corporate structures and managing effective capital allocation practices at multi-billion dollar publicly-traded software companies make him an invaluable addition to Verint’s Board. Mr. Oded Weiss Oded Weiss
has 25+ years of experience in building value and creating high-performing leadership teams in fast growing global businesses. Mr. Weiss is the former President of and currently a strategic advisor to Temenos, AG, a $12 billion market cap developer
of a cloud-native front office, core banking, payments, fund management and wealth management software products for banks worldwide. Mr. Weiss also served as CEO and a Managing Director and a member of the Board of Directors of IGEFI Group s.a r.l.
(doing business as Mutifonds), an award-winning investment software company providing fund accounting, portfolio accounting and investor servicing and transfer agency on a single platform. Previous to this, Mr. Weiss was a Partner at McKinsey &
Co. and led their technology practice ‘in New York. Mr. Weiss is a seasoned international software CEO. His experience building cloud businesses, implementing metrics that drive business performance and incentivize customers and employees to adopt
higher-margin, faster growing products make him an invaluable addition to Verint’s Board. For additional nominee information please review Neuberger Berman’s proxy statement
OUR NOMINEES Three Highly Qualified, Independent Nominees Click On Each Director Candidate For Biographical Information Beatriz V. Infante Dr. Mark N. Greene Mr. Oded Weiss
OUR PROXY STATEMENT Neuberger Berman Definitive Prow Statement FOR ADDITIONAL INFORMATION OR ASSISTANCE CONTACT NEUBERGER BERMAN’S PROXY SOLICITOR Okapi Partners 1212 Avenue of the Americas 24th York NY ‘0036 Call
Toll-Free: (855) 305-0857 Email into@okapipartners.com
SHAREHOLDER PRESENTATION THE NEED FOR CHANGE AT VERINT SYSTEMS INC. From long-term investor’s perspective May 2019