Participants in the Solicitation
Limelight and its directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of Limelight in
respect of the Transaction. Information about Limelights directors and executive officers is set forth in Limelights Annual Report on Form 10-K, which was filed with the SEC on
February 17, 2022. Other information regarding the participants in the proxy solicitation and a description of their interests will be contained in the Definitive Proxy Statement and other relevant materials to be filed with the SEC in respect
of the Transaction when they become available.
Safe Harbor for Forward-Looking Statements
Certain statements contained in this report may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including statements containing the words anticipates,
believe, estimate, expect, intend, plan, project, seek, target, goal, budget, should, continue,
could, forecast, may, might, potential, strategy, will, would, and similar words. Forward-looking statements are based on Limelights current plans
and expectations and involve risks and uncertainties which are, in many instances, beyond Limelights control, and which could cause actual results to differ materially from those included in or contemplated or implied by the forward-looking
statements. Such risks and uncertainties include, but are not limited to, the following: (i) failing to obtain approval of Limelights stockholder of the Transaction; (ii) delay in closing the Transaction or the possibility of non-consummation of the Transaction; (iii) the occurrence of any event that could give rise to termination of the Purchase Agreement; (iv) the risk that litigation in connection with the
Transaction may affect the timing or occurrence of the Transaction or result in significant costs of defense, indemnification and liability; (v) risks related to the disruption of the Transaction to Limelight and its management; (vi) the
effect of the announcement of the Transaction on the ability of Limelight to retain and hire key personnel and maintain relationships with customers, suppliers, third-party distributors and other third parties; (vii) successfully integrating
Limelight and Edgecasts businesses, and avoiding problems which may result in us not operating as effectively and efficiently as expected following the completion of the Transaction; (viii) the incurrence of significant costs, expenses
and fees for professional services and other Transaction costs associated with the Transaction; (ix) the risk that certain Limelight directors and executive officers may have interests in the Transaction different from the interests of
Limelight stockholders; (x) the effect and timing of changes in laws or in governmental regulations; (xi) the cost and availability of capital and any restrictions imposed by lenders or creditors; (xii) the possibility that the
expected benefits of the Transaction will not be realized within the expected time frame or at all; (xiii) prevailing economic, market and business conditions; (xiv) changes in the industry in which Limelight and Edgecast operate;
(xv) conditions beyond Limelight or Edgecasts control, such as disaster, pandemics, epidemics, acts of war or terrorism, the weather and other natural phenomena, including the economic, operational and other effects of severe weather or
climate events, such as tornadoes, hurricanes, volcanos, ice, sleet, or snowstorms; (xvi) the failure to renew, or the revocation of, any license or other required permits; (xvii) unexpected charges or unexpected liabilities arising from a
change in accounting policies, or the effects of acquisition accounting varying from the Limelight or