Palo Alto Networks (PANW) Appoints Helle Thorning-Schmidt and Ralph Hamers to its Board

Palo Alto Networks^® (NASDAQ: PANW), the global cybersecurity leader, today announced the appointment of Helle Thorning-Schmidt, former prime minister of Denmark, and Ralph Hamers, former chief executive officer of UBS Group AG and ING Group, to the company's board of directors.

"It's a pleasure to welcome two visionary leaders, Helle and Ralph, to our Board of Directors, as we further our commitment to expanding the global reach of our business," said Nikesh Arora, chairman and CEO, Palo Alto Networks. "They are innovators and disruptive thinkers with unique insights into the political and business climate in Europe and elsewhere. They will play a key role in shaping our strategic direction and further strengthening our position as the cybersecurity leader."

Helle Thorning-Schmidt joins Palo Alto Networks' Governance and Sustainability Committee and Security Committee. Ms. Thorning-Schmidt became Denmark's first female prime minister when she took office in 2011 and served until 2015. She brings a wealth of experience from her tenure as Chief Executive of Save the Children International and more than a decade as a member of the Danish Parliament and leader of the Social Democratic Party in Denmark. She currently serves as a board member of Edelman, Vestas Wind Systems A/S and Neurons Inc. ApS, is a member of the advisory board of Vista Equity Partners Management, and serves as Co-Chair of The Oversight Board, a content moderation body established by Meta Platforms, Inc.

Ralph Hamers joins Palo Alto Networks' Audit Committee and Security Committee. Mr. Hamers will contribute his expertise from his time as CEO of UBS Group, where he launched the successful One UBS strategy, and ING Group, where he led their digital transformation, including transforming ING into one of the world's first fully branchless, digitally-driven banks. Ralph is an advisor to digital wealth platform Arta Finance and to GRAB Holding, and serves as secretary general of the Institut International d'Études Bancaires.

Effective immediately, Palo Alto Networks' board of directors will expand from nine to eleven members, with Helle Thorning-Schmidt and Ralph Hamers joining as independent directors.

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