On a corporate action affecting Class A ordinary shares of Zuora, Inc. (ZUO)

On October 17, 2024, Zuora, Inc. entered into a merger agreement under which it will be acquired by Silver Lake. Zuora, Inc. stockholders will receive $10.00 in cash for each share of Zuora, Inc. that they own. Transaction is expected to close in the first quarter of 2025 if it is approved by stockholders on the Special Meeting of Stockholders to be held on February 13, 2025. For more details, please, refer to the company’s website.

ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.