LivePerson Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

NEW YORK, Aug. 10, 2023 /PRNewswire/ — LivePerson, Inc. (Nasdaq: LPSN), a global leader in conversational AI, today announced that its Compensation Committee granted inducement awards under Nasdaq Listing Rule 5635(c)(4) to certain newly hired employees and consultants.

The inducement awards were granted to the new employees and consultants in connection with their employment or consulting agreements. The awards are intended to assist LivePerson in attracting and retaining key personnel and aligning their interests with the interests of LivePerson’s stockholders.

Each award is subject to a four-year vesting schedule with an initial vesting of 25% upon the first anniversary of the grant date. The remaining 75% of the award will vest monthly on a pro-rata basis over the next 36 months. All award grants will be subject to certain vesting conditions including continued employment with LivePerson or performance conditions. The grant date for all of the inducement awards was August 7, 2023.

About LivePerson

LivePerson, Inc. is a global leader in conversational AI, providing the leading platform for brands to connect with consumers naturally and authentically across all digital touchpoints. More than 18,000 brands, including HSBC, Ford, and Verizon, use LivePerson’s AI-powered solutions to provide an engaging and efficient customer experience at scale. For more information about LivePerson (Nasdaq: LPSN), please visit www.liveperson.com.

Contact:

LivePerson, Inc.

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ir@liveperson.com

Media Relations

press@liveperson.com