PR Newswire | Jan 3, 2022 02:00PM EST

01/03 13:00 CST

Zendesk Shareholders Poised to Reject Value Destroying Momentive AcquisitionZendesk Board Made Series of Flawed Decisions & Showed Reckless Disregard for Shareholder Capital, Merger Proxy RevealsJANA Partners Demands Zendesk Promptly Terminate Momentive Acquisition & Instead Focus on Creating Shareholder Value NEW YORK, Jan. 3, 2022

NEW YORK, Jan. 3, 2022 /PRNewswire/ -- JANA Partners LLC today announced that it has sent a letter to the Zendesk (NYSE: ZEN) Board of Directors highlighting shareholder opposition, revealing new concerns regarding the proposed acquisition of Momentive (NASDAQ: MNTV-formerly SurveyMonkey), and calling on the Board to immediately terminate the transaction.

The full text of JANA Partners LLC's letter is available for viewing at the following link: www.janapartners.com/zendesk

Contact:IR@janapartners.com

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SOURCE JANA Partners LLC