As previously disclosed, on September 28, 2025, Electronic Arts Inc. ("Electronic Arts" or the "Company") entered into an Agreement and Plan of Merger (the "Merger Agreement") by and among the Company, Oak-Eagle AcquireCo, Inc., a Delaware corporation ("Parent"), and Oak-Eagle MergerCo, Inc., a Delaware corporation and wholly owned subsidiary of Parent ("Merger Sub").  The Merger Agreement provides that, subject to the terms and conditions set forth therein, Merger Sub will merge with and into the Company (the "Merger"), with the Company surviving the Merger as a wholly owned subsidiary of Parent.  Parent and Merger Sub are entities formed by an investor consortium comprised of The Public Investment Fund ("PIF"), private investment funds affiliated with Silver Lake Group, L.L.C. ("Silver Lake") and private investment funds affiliated with Affinity Partners ("Affinity," and, together with PIF and Silver Lake, the "Consortium").

As of July 30, 2026, all regulatory approvals required to complete the Merger have been obtained.  Electronic Arts currently expects the Merger to close on or about the close of trading on August 4, 2026.  Completion of the Merger remains subject to the satisfaction or waiver of the remaining customary closing conditions set forth in the Merger Agreement.