On October 24, 2016, Paul Barber resigned from his role as Chairman and a member of the Board of Directors of ServiceNow, Inc. On October 25, 2016, the Board selected Frank Slootman to serve as Chairman of the Board. Based on his service as the Company's President and Chief Executive Officer since May 2011, as well as his management capabilities, strength in direct and clear communications, knowledge of the industry and proven leadership, the Board believes that Mr. Slootman is the director most capable of effectively identifying strategic priorities, leading critical discussion and guiding the formulation of the Company's strategy and business plans. Also on October 25, 2016, the Board expanded the size of the Board from nine (9) to ten (10) members and appointed Jonathan Chadwick and Paul Chamberlain to serve as Class III and Class I directors, respectively. The Board determined that Messrs. Chadwick and Chamberlain will be independent directors within the meaning of the New York Stock Exchange listing standards.