Domo adopts tax benefits preservation plan to protect NOLs; triggers at 4.9% ownership

DOMO, INC.

Board adopted Tax Benefits Preservation Plan; dividend of one preferred stock purchase right per share of Class A and Class B common stock.
Rights become exercisable if a person or group acquires 4.9% or more of outstanding common stock (Acquiring Person).
Upon a Flip-in Event, holders (except Acquiring Person) can buy common stock worth 2x exercise price ($17.50 per right).
Plan expires July 20, 2029, unless redeemed earlier; designed to prevent ownership change under Section 382 of the Internal Revenue Code.
Company may redeem rights at $0.001 per right at any time before tenth day after Stock Acquisition Date.

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