EXPLANATORY NOTE

CyberArk Software Ltd. (the "Company") today announced the results of the Company's Annual General Meeting of Shareholders (the "Meeting"), which was held at 4:00 p.m. (Israel time) on June 28, 2023, at the Company's offices at 9 Hapsagot St., Park Ofer B, Petach Tikva, Israel.

At the Meeting, the Company's shareholders voted upon and approved, by the applicable required majority, all proposals that were described in the Company's proxy statement related to the Meeting, which was attached as Exhibit 99.1 to the Company's Report on Form 6-K furnished to the Securities and Exchange Commission on May 24, 2023.

This Report on Form 6-K is hereby incorporated by reference into the Company's Registration Statements on Form S-8 (File Nos. 333-200367, 333-202850, 333-216755, 333-223729, 333-230269, 333-236909, 333-254152, 333-254154, 333-263436, 333-270222 and 333-270223).

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CyberArk Software Ltd. published this content on 29 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 June 2023 10:12:48 UTC.