Pega Cloud and Subscription License ACV Growth
Safe Harbor Statement
Certain statements in this presentation may be "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Words such as expects,
anticipates, intends, plans, believes, will, could, should, estimates, may, targets, strategies, intends to, projects, forecasts, guidance, likely, and usually or variations of
such words and other similar expressions, identify forward-looking statements, which represent our views only as of the date the statement was made and are based on
current expectations and assumptions.
Factors that could cause the Company's results to differ materially from those expressed in forward-looking statements are contained in the Company's press release
announcing its Q4 2023 results and in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended
December 31, 2023 and other recent filings with the SEC.
Investors are cautioned not to place undue reliance on such forward-looking statements, and there are no assurances that the results included in such statements will
be achieved. Although subsequent events may cause our view to change, except as required by applicable law, we do not undertake and expressly disclaim any
obligation to publicly update or revise these forward-looking statements, whether as the result of new information, future events, or otherwise. Any forward-looking
statements in this presentation represent our views as of February 14, 2024.
Non-GAAP Financial Measures
Our non-GAAP financial measures should only be read in conjunction with our consolidated financial statements prepared in accordance with GAAP. We believe that
these measures help investors understand our core operating results and prospects, which is consistent with how management measures and forecasts our
performance without the effect of often one-time charges and other items outside our normal operations. They are not a substitute for financial measures prepared
under U.S. GAAP. Constant currency measures are calculated by applying the Q4 2022 foreign exchange rates to all periods shown. Reconciliations of GAAP and non-
GAAP measures are in the Company's press release announcing its Q4 2023 results and at the end of this presentation.
Additional Notes
This presentation may contain industry market data, industry forecasts, and other statistical information. Such information was obtained from publicly available
information, industry publications, and other third-party sources, and the Company makes no representations as to the accuracy of such information. The Company has
not independently verified any such information. Certain information in this presentation is based upon management forecasts and reflects prevailing conditions and
management's views as of the date of this presentation, all of which are subject to change.
PEGA
Pegasystems Inc.
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