Verint SPAC Presentation Deck

Reconciliation of GAAP to Non-GAAP Customer Engagement Recurring Revenue and Nonrecurring Revenue ($ in millions) Table of Reconciliation from GAAP Recurring Revenue to Non-GAAP Recurring Revenue Customer Engagement Recurring revenue - GAAP As a percentage of GAAP revenue Estimated revenue adjustments Recurring revenue - non-GAAP As a percentage of non-GAAP revenue Table of Reconciliation from GAAP Nonrecurring Revenue to Non-GAAP Nonrecurring Revenue Customer Engagement Nonrecurring revenue - GAAP & Non-GAAP Year Ended January 31, 2018 (1) $ $ 425.6 57.5% 15.0 440.6 58.4% 314.4 April 30, 2018 (1) $ $ $ 107.8 57.8% 2.7 110.5 58.4% Three Months Ended July 31, 2018 (1) October 31, 2018 (1) $ $ 78.7 $ 117.7 $ 58.6% 2.2 119.9 59.1% $ 83.1 $ 116.9 59.2% 4.0 120.9 60.0% $ $ 80.6 $ January 31, 2019 123.1 58.2% 6.3 129.4 59.4% 88.4 Year Ended January 31, 2019 $ Three Months Ended April 30, 2019 $ 465.7 58.5% 15.0 480.7 $ 59.3% 330.6 $ V₁₁ (1) To conform with the presentation described in footnote 2 of our April 30, 2019 Form 10-Q, the classification of Customer Engagement unbundled SaaS revenue for the three months ended April 30, 2018, July 31, 2018, October 31, 2018 and January 31, 2019 and the year ended January 31, 2018 has been updated to reflect recurring revenue which had previously been presented within nonrecurring revenue. 51 123.4 59.6% 8.8 132.2 61.2% 83.7

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