Overview of Transaction

• On August 10, 2021, Robinhood (NASDAQ:HOOD) announced it had agreed to acquire Say Technologies for approximately $140 million
• Say is a mission-driven company that has built an innovative communication platform making it easier for investors to exercise their ownership rights
• Say’s proxy processing technology helps broker-dealers give their customers seamless access to their vote, and its Q&A platform lets everyday shareholders participate in events like earnings by asking and upvoting questions
• Robinhood is an online broker that offers commission-free investing in US securities and cryptocurrencies, fractional trading, and cash management
• Robinhood’s mission is to democratize finance and make investing accessible with education and information, fractional shares, IPO access, and more

Significance of Transaction

• As part of Robinhood, Say will be able to further its goal of creating a new ecosystem of ownership and engagement to benefit all investors and companies
• Together the companies will find new ways to expand what it means to be an investor through new products and experiences that democratize shareholder access

FT Partners' Role

• FT Partners served as exclusive financial and strategic advisor to Say Technologies
• This transaction underscores FT Partners' deep Wealth & Capital Markets Tech domain expertise and successful track record of generating favorable outcomes for leading companies globally