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Investor Memo 2024

Rippling Announces Series F Fundraising and Tender Offer

Investor Memo DISCLAIMER This document is being shared with you to assist you in learning about our business, either as an investor or employee. The information contained herein, and any discussion regarding it, including answers to questions by management or employees of People Center, Inc. (d/b/a Rippling and including its subsidiaries, the “Company”), are strictly con昀椀dential and may not be reproduced or redistributed in whole or in part, nor may their contents be disclosed to any other person or entity. By reviewing this document, you agree to keep it and any additional information the Company provides con昀椀dential and to not disclose any of the information to any other parties without the Company’s prior express written permission. In addition, this information may be subject to an existing con昀椀dentiality provision in a non-disclosure agreement, investor rights agreement or other agreement between you and the Company, in which case, the terms of such other agreement shall apply. This document and its contents are not, and should not be construed as, a recommendation, promise or representation by the Company or any of昀椀cer, director, employee, agent or advisor of the Company. This document does not purport to be all-inclusive or to contain all of the information you may desire regarding the Company. This document also includes forward-looking statements, including statements regarding our business operations, strategy and prospects. Such statements may be identi昀椀ed by words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “hope,” “intend,” “may,” “might,” “should,” “would,” “will,” “understand,” and similar words. These forward-looking statements are subject to risks and uncertainties, including that our business may not develop as envisioned and general macro-economic risks. You should not rely on these forward-looking statements, as actual outcomes and results may differ materially from those contemplated as a result of such risks and uncertainties. All statements in this document are based on information available to us as of March 25, 2024, and we disclaim any obligation to update the information provided to re昀氀ect events that occur or circumstances that exist thereafter.

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