Release of Securities from Escrow

Fremont, California and Sydney, Australia; 20 February 2020 — Pivotal Systems Corporation (“Pivotal” or the “Company”) (ASX: PVS) today advises that in accordance with ASX Listing Rule 3.10A, 18,119,972 Shares representing 18,119,972 Chess Depository Interests (CDIs) and additionally 3,492,125 Unquoted Options will be released from escrow on the day following the release of the Company’s Appendix 4E Full Year report for the 12 month period ended 31 December 2019 in a manner consistent with the ASX Listing Rules.

Pivotal expects to lodge the Company’s 31 December 2019 full year results with ASX on 28 February 2020.

THIS RELEASE DATED 20 FEBRUARY 2020 HAS BEEN AUTHORISED FOR LODGEMENT TO ASX BY THE BOARD OF DIRECTORS OF PIVOTAL SYSTEMS.

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