Highlights the Company's Position as a Leading End-to-End Observability Platform that Should Benefit from AI Adoption

Believes Significant Opportunities Exist to Accelerate Revenue Growth, Drive Improved Profitability, and Return Substantial Capital to Shareholders

Looks Forward to Continuing Constructive Engagement with Management and the Board

Starboard Value LP (together with its affiliates, "Starboard"), one of the largest shareholders of Dynatrace, Inc. ("Dynatrace" or the "Company") (NYSE:DT), today announced that it has delivered a letter to Dynatrace's Chief Executive Officer, Rick McConnell, Chief Financial Officer, Jim Benson, and the Company's Board of Directors.

The full text of Starboard's letter to the Company can be viewed here.

About Starboard Value LP

Starboard Value LP is an investment adviser with a focused and differentiated fundamental approach to investing in publicly traded companies. Starboard invests in deeply undervalued companies and actively engages with management teams and boards of directors to identify and execute on opportunities to unlock value for the benefit of all shareholders.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260427067321/en/

Investor contacts:

Peter Feld, (212) 201-4878

Gavin Molinelli, (212) 201-4828

www.starboardvalue.com

Starboard Delivers Letter to Dynatrace