Analyst Coverage

Firm Analyst
Arete   Adam Shepherd
Atlantic Equities   Chris Hickey
Bank of America-Merrill Lynch   Kash Rangan
Barclays   Raimo Lenschow
BMO   Joel Fishbein
Citigroup   Walter Pritchard
CLSA   Edward Maguire
Cowen & Co   Gregg Moskowitz
Credit Suisse   Sitikantha Panigrahi
Deutsche Bank   Karl Keirstead
Drexel Hamilton   James Gilman
Evercore   Kirk Materne
Global Equities   Trip Chowdhry
Goldman Sachs   Heather Bellini
JMP Securities   Greg McDowell
Maxim   Brad Sills
Mizuho   Abhey Lamba
Morgan Stanley   Keith Weiss
Needham   Scott Zeller
Northland   Tim Klasell
Oppenheimer   Brian Schwartz
Pacific Crest   Rob Owens
Piper Jaffray   Mark Murphy
Raymond James   Michael Turits
RBC Capital   Matt Hedberg
RW Baird   Steve Ashley
Stephens   Jonathan Ruykhaver
Stifel Nicolaus   Brad Reback
Susquehanna   Derrick Wood
UBS   Brent Thill
Wells Fargo   Jason Maynard
William Blair   Bhavan Suri

Red Hat, Inc. is followed by the analyst(s) listed above. Please note that any opinions, estimates or forecasts regarding Red Hat, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Red Hat, Inc. or its management. Red Hat, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

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