Splunk Inc. announced that Richard P. Wallace and David Tunnell have been appointed to the Splunk Board of Directors, effective immediately. The Company also announced that Stephen G. Newberry, a director since 2013, will step down from the Board; the Company previously announced that Sara Baack will also step down. The Board of Directors also announced that it has reorganized the Board's Talent & Compensation Committee.

The Committee now comprises Graham Smith, who recently joined the Committee in April 2022, Kenneth Hao and Rick Wallace. About Richard P. Wallace: Wallace serves as President, CEO and Director of KLA Corporation, a developer of industry-leading equipment and services that enable innovation throughout the electronics industry. Prior to being appointed CEO in 2006, he served in various leadership roles across KLA, including as Chief Operations Officer from July 2005 to December 2005, Executive Vice President of the Customer Group from May 2004 to July 2005, and Executive Vice President of the Wafer Inspection Group from July 2000 to May 2004.

His tenure with KLA spans over 30 years, having started as an applications engineer at KLA Instruments in 1988. Prior to joining KLA, Wallace held positions at Ultratech Stepper and Cypress Semiconductor. He previously served on the board of directors of Proofpoint, a cybersecurity and compliance company, and SEMI (Semiconductor Equipment and Materials International), a prominent global industry association.

Wallace holds a B.S. from the University of Michigan and an M.S. from Santa Clara University. About David Tunnell: Tunnell is a Partner at Hellman & Friedman (H&F) and a member of the H&F Investment Committee. He leads the Firm's San Francisco office and oversees its investing activities in the Software & Tech and Insurance & Insurance Services sectors.

David joined H&F originally in 1994 and has been involved with numerous portfolio companies over 25 years of H&F's investing history. He is currently serving as a director of the operating committee at Genesys Telecommunications Laboratories Inc., a global customer-experience software platform provider, and as a director of the board at UKG (Ultimate Kronos Group), a global provider of human capital management, payroll and workforce management solutions. Prior to H&F, David was employed by Lazard Frères & Co.

in New York. He holds an A.B. from Harvard University and an M.B. A from Harvard Business School.