Pegasystems Inc. (NASDAQ:PEGA), the enterprise AI software company for mission-critical work, today announced that it will pay a previously declared special cash dividend of $7 million on September 16, 2026, to shareholders of record as of August 17, 2026, excluding certain shareholders as described below.

As previously disclosed, Pega entered into a settlement agreement to resolve the consolidated shareholder derivative litigation captioned Dwyer et al. v. Trefler et al., Civ. No. 2484CV01734 (Mass. Super. Ct.) and Larkin et al. v. Trefler et al., No. 1:25-cv-10303-WGY (D. Mass.), under which Pega agreed to adopt certain governance reforms and to pay a special cash dividend of $7 million to shareholders, excluding certain shareholders identified in the agreement. The litigation has been dismissed with prejudice, and the applicable appeal period expired on July 25, 2026.

About Pega

Pega delivers the platform to reimagine, run, and evolve the processes and decisions an enterprise can't afford to get wrong. We combine AI with proven architecture to keep mission-critical operations governed, scalable, and continuously adaptable. Since 1983, the world's largest organizations have trusted Pega to turn transformation ambition into durable results. Learn more at pega.com.

All trademarks are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260731082508/en/

Press Contact:

Ilena Ryan

Director of Public Relations

Ilena.Ryan@pega.com

(617) 866-6722

Investor Contact:

Peter Welburn

VP, Corporate Development & Investor Relations

PegaInvestorRelations@pega.com

(617) 498-8968