SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors It Has Filed a Complaint to Recover Losses Suffered by Purchasers of Varonis Systems, Inc. Common Stock and Sets a Lead Plaintiff Deadline of March 9, 2026

Core Viewpoint - A class action lawsuit has been filed against Varonis Systems, Inc. due to allegations of misleading statements regarding its financial performance and customer retention capabilities, leading to significant stock price decline [1][3][4]. Company Performance - Varonis reported a significant miss in Annual Recurring Revenue (ARR) for Q3 2025 and lowered its full-year guidance, attributing this to weaker-than-expected renewals and conversions in its subscription business [4]. - The company announced the end of life for its self-hosted solution and a 5% reduction in headcount as part of its restructuring efforts [4]. Stock Market Reaction - Following the announcement of disappointing financial results, Varonis' stock price plummeted from $63.00 per share on October 28, 2025, to $32.34 per share on October 29, 2025, marking a decline of approximately 48.67% in just one day [5]. Legal Proceedings - The lawsuit, Artem Molchanov v. Varonis Systems, Inc., has been initiated in the U.S. District Court for the Southern District of New York, targeting investors who purchased Varonis stock between February 4, 2025, and October 28, 2025 [1][3]. - Investors are encouraged to step forward before the March 9, 2026 deadline to seek compensation for losses incurred due to alleged corporate misrepresentations [6].