Coupa Software Incorporated announced that at the Effective Time, pursuant to the Merger Agreement, each of Robert Bernshteyn, Michelle Brennan, Kanika Soni, Roger Siboni, Tayloe Stansbury, Scott Thompson and Frank van Veenendaal, each a director of the Company as of immediately prior to the Effective Time, ceased to be a director of the Company and members of any committee of the Company's Board of Directors. At the Effective Time, each of Holden Spaht, Brian Jaffee and Jamie Hutter became a director of the Company.