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CORRECTING and REPLACING CyberArk Files Registration Statement for Proposed Initial Public Offering

First paragraph, first sentence of release should read: Cyber-Ark Software Ltd., a global leader and pioneer of a new layer of IT security solutions, today announced that it has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of its ordinary shares. (instead of "CyberArk, a global leader...").

The corrected release reads:

CYBERARK FILES REGISTRATION STATEMENT FOR PROPOSED INITIAL PUBLIC OFFERING

Cyber-Ark Software Ltd., a global leader and pioneer of a new layer of IT security solutions, today announced that it has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of its ordinary shares. The number of shares to be offered and the price range for the proposed offering have not yet been determined. CyberArk has applied to list its ordinary shares on the Nasdaq Global Select Market under the ticker symbol “CYBR.”

J.P. Morgan Securities LLC and Deutsche Bank Securities Inc. are acting as joint book-running managers and as representatives of the underwriters in the offering. Barclays Capital Inc. is also a book-runner in the offering. William Blair & Company, L.L.C., Nomura Securities International, Inc. and Oppenheimer & Co. Inc. are acting as co-managers in the offering.

The offering will be made only by means of a prospectus. A preliminary prospectus for the offering, when available, may be obtained from J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by telephone at (866) 803-9204; or Deutsche Bank Securities Inc., Attn: Prospectus Group, 60 Wall Street, New York, NY 10005, by telephone at (800) 503-4611, or by emailing: [email protected]; or Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: 1 (888) 603-5847, or by emailing: [email protected].

A registration statement related to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. The registration statement can be accessed through the SEC’s website at www.sec.gov. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor may there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About CyberArk

CyberArk is a global leader and pioneer of a new layer of IT security solutions that protects organizations from cyber attacks that have made their way inside the network perimeter to strike at the heart of the enterprise. CyberArk’s software solution is focused on protecting privileged accounts, which have become a critical target in the lifecycle of today’s cyber attacks. CyberArk is a global company headquartered in Petach Tikvah, Israel, with U.S. headquarters located in Newton, MA and offices throughout EMEA and Asia-Pacific.

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