Electronic Arts (EA) Proxy filing summary

Executive summary

• Entered into a Merger Agreement where the company will become a wholly owned subsidiary of a consortium led by the Public Investment Fund, Silver Lake, and Affinity, with the merger subject to shareholder approval and regulatory conditions.

• Supplemental proxy disclosures were made in response to shareholder lawsuits alleging omissions and misrepresentations, though the company denies any wrongdoing.

• Forward-looking statements highlight risks related to regulatory approvals, shareholder votes, litigation, and potential business disruptions from the merger process.

Voting matters and shareholder proposals

• Shareholders are being solicited to vote on the proposed merger, with the proxy statement mailed on November 20, 2025.

• Lawsuits and demand letters from shareholders allege insufficient disclosure in the proxy materials, prompting supplemental disclosures.

Board of directors and corporate governance

• Information on directors and executive officers, including their interests in the merger and security holdings, is disclosed in the proxy statement and related SEC filings.

• Andrew Wilson, a director, previously served as a special advisor to Silver Lake, receiving compensation and maintaining social relationships with its representatives.