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Acquisition - Emerald Data Solutions - 2016-12-30Brian Stafford, Diligent Corporation’s CEO, and I are writing to share some important news. After careful consideration, we have recently closed a transaction under which Emerald Data Solutions has been acquired by Diligent. We greatly respect and value our relationship with you and your organization, and rest assured, Diligent’s acquisition of Emerald will not cause any change to your relationship with us and the BoardDocs brand will still remain. In fact, customer dedication is a top priority for both Diligent and Emerald, and it is one of the things that attracted Diligent to us. Diligent expects to scale up the investment in the BoardDocs product. Diligent is a leader in communication and collaboration solutions for boards and leadership teams. Its products and services are used by more than 40% of the Fortune 1000, are trusted by more than 260,000 board members and executives, and have won awards for customer service in the software industry. Diligent does not have a significant customer base among publicly funded governing bodies. This combination brings together Diligent’s corporate expertise and market presence with Emerald’s leading position among schools and governments – both companies who have a shared culture around delivering great service to its clients. Again, your customer experience will not change. You will remain on the BoardDocs platform, and this change will not affect your working relationship with Emerald or the ways in which your needs are supported. You will continue to interface with Emerald and BoardDocs in all of the ways you do today. Going forward, Diligent will invest heavily in the BoardDocs products and look for your advice on how we continue to innovate in the platform, generating more value and a better user experience for you and all BoardDocs subscribers. As your board management partner, we are committed to supporting the complex, dynamic, and critically important work of your organization. We remain 100% focused on ensuring your continued success. Today’s announcement puts us in an even stronger position to deliver on that commitment. If you have questions about this news, please do not hesitate to reach out to David Adkins, Director of Subscriber Services, at dadkins@boarddocs.com. Thank you for your continued support. Best Regards, Brian Stafford Chief Executive Officer Diligent Corporation Ari Ioannides Chief Executive Officer Emerald Data Solutions, Inc.