On April 19, 2023, the Board of Directors of Verint Systems Inc. upon the recommendation of the Corporate Governance and Nominating Committee of the Company, appointed Ms. Yvette H. Smith to the Board, filling a newly created seat on the Board. She will serve for an initial term ending at the Company's 2023 Annual Meeting of Stockholders. Ms. Smith has over 15 years of experience as an information technology executive at a number of global public companies.

Ms. Smith is currently the Chief Information Officer and Senior Vice President of Customer Success and Business Transformation at F5 Inc., a multi-cloud application services and security company. Ms. Smith has held this position since 2021. Prior to joining F5, Ms. Smith served as the Corporate Vice President, Enterprise Support and Customer Success Programs at Microsoft Corporation, a multinational technology corporation, from 2016 until 2021.

Ms. Smith has served in similar positions at other software and technology companies, including Xerox Corporation and IBM Corporation. The Board has affirmatively determined that Ms. Smith meets the qualifications of an independent director under NASDAQ Rule 5605(a)(2) and the Company's Corporate Governance Guidelines.