Blackbaud Announces Termination of Stockholder Rights Plan

March 18, 2024

https://www.prnewswire.com/news-releases/blackbaud-announces-termination-of-stockholder-rights-plan-302091945.html

CHARLESTON, S.C., March 18, 2024 /PRNewswire/ — Blackbaud (NASDAQ: BLKB) (“Blackbaud” or the “Company”), the leading provider of software for powering social impact, today announced that its Board of Directors (the “Board”) has unanimously voted to terminate the Company’s stockholder rights plan (the “Rights Plan”) effective as of the close of business on March 18, 2024. The Rights Plan was scheduled to expire on October 2, 2024. Stockholders do not have to take any action as a result of this termination.

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