LiveRamp (RAMP) Proxy filing summary

Executive summary

• LiveRamp has entered into a definitive agreement to be acquired by Publicis for $38.50 per share in cash, with the transaction expected to close before year-end 2026, pending regulatory and shareholder approvals.

• LiveRamp will operate as an independent business within Publicis post-close, maintaining its current leadership and strategic direction.

• The acquisition aims to accelerate global growth, expand technology reach, and leverage AI-driven opportunities for both companies.

• Employees are assured of operational continuity, with no immediate changes to roles, compensation, or benefits until after the transaction closes.

• Forward-looking statements highlight potential risks, including regulatory delays, integration challenges, and market uncertainties.

Voting matters and shareholder proposals

• Shareholders will vote to approve the proposed acquisition by Publicis, with proxy materials to be provided prior to the meeting.

• Investors are urged to review the proxy statement and related SEC filings before making any voting decisions.

Board of directors and corporate governance

• Post-transaction, LiveRamp will retain its CEO and operate independently within Publicis, with an emphasis on maintaining operational neutrality and governance standards.

• Information about directors, executive officers, and their interests will be disclosed in the proxy statement.