© 2021 Verint Systems Inc. All Rights Reserved Worldwide. FYE22 First Quarter Conference Call Boundless Customer EngagementTM June 9, 2021 VERINT. Disclaimers Forward Looking Statements This presentation contains "forward-looking statements," including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on ...

Financial Data and Key Metrics Changes - Non-GAAP revenue for Q1 2022 was reported at $202 million, with adjusted EBITDA at $49 million and non-GAAP diluted EPS at $0.44 [30][31] - Non-GAAP cloud revenue increased by 39% year-over-year, with new PLE bookings growing by 28% year-over-year [9][31] - Recurring revenue as a percentage of software revenue increased to 83%, reflecting a 100 basis point year-over-year improvement [32] Business Line Data and Key Metrics Changes - New SaaS ACV growth was reported at 58% year-over-year, indicating strong demand for cloud solutions [32] - More than 50% of new software bookings were from SaaS for the first time, with expectations to approach 60% for the year [48] Market Data and Key Metrics Changes - RPO (Remaining Performance Obligations) was reported at $619 million, up 30% year-over-year, indicating multi-year commitments from cloud customers [32] - The company noted a significant opportunity for cloud penetration, with existing customers being less than 25% penetrated with the cloud platform [49] Company Strategy and Development Direction - The company aims to assist brands in navigating digital transformation through an open cloud platform that connects work, data, and experience across the enterprise [11] - The strategy includes winning new customers and capturing white space within the existing customer base, with a focus on eliminating silos and enhancing customer experience [12][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong start to the year and raised the annual outlook for PLE bookings growth to more than 10% [33] - The company anticipates continued cloud momentum and expects revenue to increase sequentially in Q2, with a forecast of $205 million to $210 million [40] Other Important Information - The company completed several capital market transactions to strengthen its balance sheet, including share repurchases and debt repayments [36][38] - The company has approximately $400 million in cash and net debt of about $50 million following the spin-off of its Cyber Intelligence business [38] Q&A Session Summary Question: What is driving customers to move to the cloud with Verint? - Management indicated that digital transformation and COVID-19 have accelerated the shift to cloud solutions, providing better visibility and efficiency tools for managing the workforce [44] Question: What percentage of the customer base has moved to the cloud? - Management noted that the majority of customers are moving to the cloud, with over 50% of PLE bookings coming from SaaS, and an average penetration of less than 25% among top customers [48] Question: How is market demand trending? - Management reported strong growth in bookings and a shift from perpetual licenses to cloud solutions, with expectations for revenue growth to accelerate [62] Question: What feedback has been received on the new real-time work solutions? - Positive feedback was received from customers and partners, indicating strong interest in AI-driven decision-making tools that enhance workforce productivity [55][56] Question: What are the dynamics affecting bundled and unbundled SaaS? - Management explained that the dynamics are influenced by customer preferences for flexibility in hosting services, with both models expected to work together [79][80]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File No. 001-34807 Verint Systems Inc (Exact Name of Registrant as Specified in its Charter) Delaware 11-3200514 (State or Other Jurisdiction ...

Verint Systems, Inc. (NASDAQ:VRNT) Q4 2021 Earnings Conference Call March 31, 2021 4:30 PM ET Company Participants Matthew Frankel - Manager, IR and Corporate Development Dan Bodner - CEO & Chairman Douglas Robinson - CFO Conference Call Participants Daniel Ives - Wedbush Securities Ryan MacDonald - Needham & Company Brian Essex - Goldman Sachs Group Paul Coster - JPMorgan Chase & Co. Samad Samana - Jefferies Daniel Bergstrom - RBC Capital Markets Operator Ladies and gentlemen, thank you for standing by, an ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File No. 001-34807 Verint Systems Inc (Exact Name of Registrant as Specified in its Charter) Delaware 11-3200514 (State or Other Jurisdiction of Incorporation ...

© 2020 Verint Systems Inc. All Rights Reserved Worldwide. FY21 Third Quarter Conference Call Actionable Intelligence® December 9, 2020 VERINT. Disclaimers Forward Looking Statements This presentation contains "forward-looking statements," including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on mana ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File No. 001-34807 Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be sub ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q Verint Systems Inc (Exact Name of Registrant as Specified in its Charter) Delaware 11-3200514 (I.R.S. Employer Identification No.) (State or Other Jurisdiction of Incorporation or Organization) (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Verint Systems Inc (Exact Name of Registrant as Specified in its Charter) Delaware 11-3200514 (I.R.S. Employer Identification No.) (State or Other Jurisd ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File No. 001-34807 Verint Systems Inc (Exact Name of Registrant as Specified in its Charter) Delaware 11-3200514 (State or Other Jurisdiction of Incorporation ...