LiveRamp (RAMP) Proxy filing summary

Executive summary

• LiveRamp has entered into a definitive agreement to be acquired by Publicis for $38.50 per share in cash, with the transaction expected to close before year-end 2026, pending regulatory and shareholder approvals.

• LiveRamp will operate as an independent business within Publicis post-close, with Scott Howe continuing as CEO.

• The acquisition aims to accelerate global growth, expand technology reach, and leverage AI-driven opportunities for customers.

• Operational neutrality, open access, privacy, and pricing controls will be maintained under an independence charter.

• Employees are assured of expanded growth and development opportunities, with no immediate changes to operations or strategy until closing.

Voting matters and shareholder proposals

• The transaction requires approval by LiveRamp shareholders at a special meeting, with proxy materials to be provided for voting decisions.

• Shareholders will receive $38.50 in cash per share upon close of the transaction.

Board of directors and corporate governance

• LiveRamp’s management team, including CEO Scott Howe, will remain in place post-transaction.

• Information about directors and executive officers, including their interests and shareholdings, will be disclosed in the proxy statement.