SEC Form DEFA14A filed by Electronic Arts Inc.
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Preliminary Proxy Statement
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Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
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Definitive Proxy Statement
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Definitive Additional Materials
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Soliciting Material under §240.14a-12
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No fee required.
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Fee paid previously with preliminary materials.
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Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.
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EA is a public company, which means anyone can invest in us, decrease or increase their stake, or make an offer at any time.
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The Board is elected by our stockholders and it is the Board’s fiduciary responsibility to act in stockholders' best interest.
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This includes reviewing any credible offer and accepting it if they believe it in the best interests of our stockholders.
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The Board carefully evaluated this opportunity and concluded it delivers compelling value for stockholders and is in the best interests of all EA stakeholders.
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PIF has been a significant stockholder in EA, and the broader gaming industry, for many years.
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This Consortium understands that EA is uniquely positioned to lead the next era of entertainment.
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The Consortium shares our vision, and its decision to make this historic investment reflects conviction in our strategy.
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As a public company, EA operates within the framework of public market expectations.
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Being a private company allows EA to adopt a longer-term investment horizon, with greater latitude to pursue bold strategies without quarterly public market response.
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This partnership gives us the ability to move faster and unlock new opportunities on a global stage.
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With a longer investment horizon – and the same discipline, focus, and operational excellence that has fueled our success – we’ll have greater creative and operational flexibility
to drive innovation and build the next generation of entertainment experiences.
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We will continue to take bold creative bets and invest in our largest growth opportunities in service of our global communities of fans and players.
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EA is in a strong financial position.
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This partnership gives us the ability to move faster and unlock new opportunities on a global stage.
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We are committed to keeping you informed during this process and will provide regular updates through emails, EA World, and other employee channels.
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We expect the transaction to close in the next six to nine months.
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Andrew will remain CEO, and there are no changes to the executive team as a result of this transaction.
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EA will remain headquartered in Redwood City.
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Our mission, values, and commitment to players and fans around the world remain unchanged.
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We will continue to be guided by our cultural values of creativity, pioneering, passion, determination, learning, and teamwork.
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The Consortium is supportive of and committed to investing in our exceptional employees and our strong culture.
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There will be no immediate changes to your job, team, or daily work, as a result of this transaction.
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Our focus is on driving innovation, and expanding our global reach, all of which require world class teams, who are excited to shape the future of entertainment.
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We expect the transaction to close in the next six to nine months.
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Pay and benefits: Your current pay and benefits will not change as a result of this
announcement. We will adjust our ESPP program in anticipation of closing. Over the coming months, we will be working with the Consortium to review our programs and adjust if necessary, to support this next phase of EA’s future.
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Your vested equity: At the closing of the transaction, you will receive the deal premium
stock price of $210 in cash for each vested EA share that you hold in your eTrade or other brokerage account. These are the shares you received when your restricted stock units (RSUs) vested, through your participation in EA’s ESPP program,
or shares that you may have purchased on your own. This is the same process that will apply to all stockholders.
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Your unvested equity: At the closing, any unvested RSUs will convert to cash awards at
EA’s all-time high of $210, the deal premium stock price. These cash awards will be paid on the same vesting schedules as your current RSUs. This means that you benefit from locking in the deal premium without future volatility.
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FY26 Bonus: The FY26 bonus program will continue as planned, and bonus payments are
expected to be made in June 2026. Bonus awards will continue to be based on business unit funding and individual performance.
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Paying our employees competitively and equitably, while recognizing short-term and long-term performance and contribution, remains a key focus.
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You will receive clear, timely updates as we are able to communicate them.
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We understand that compensation and benefits are important, and we’re committed to being as transparent as possible as more details are confirmed.
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We will continue to create growth pathways for our talented teams as we pursue transformative opportunities to lead the future of entertainment.
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The Consortium is supportive of and committed to investing in our exceptional employees and our strong culture.
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Please do not comment or speak on behalf of EA.
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Please refer any inquiries you receive from external parties, including media and investors, to the EA Corporate team at [email protected].
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If speaking with business partners, please ensure that you coordinate with EA’s Corporate Communications team at [email protected].
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In talking with friends and family, you are free to share your personal perspective. We ask that you do not speak on behalf of the company on social media or with the media or
investors.
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