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• The consortium behind the acquisition includes The Public Investment Fund (PIF), Silver Lake, and Affinity Partners.
• Shareholders received $210 per share in cash, with total consideration of approximately $55 billion.
• The company's common stock will be delisted from Nasdaq, with trading halted after the close on August 4, 2026.
• The merger was financed through new credit facilities, senior notes, and equity contributions from the consortium.

1.01 Entry into a Material Definitive Agreement · 1.02 Termination of a Material Definitive Agreement · 2.01 Completion of Acquisition or Disposition of Assets · 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · 3.03 Material Modification to Rights of Security Holders · 5.01 Changes in Control of Registrant · 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · 7.01 Regulation FD Disclosure · 8.01 Other Events · 9.01 Financial Statements and Exhibits

• On July 30, 2026, Electronic Arts announced that all regulatory approvals required for its merger have been obtained.
• The merger is expected to close on or about the close of trading on August 4, 2026.
• The acquiring consortium includes The Public Investment Fund, Silver Lake, and Affinity Partners.
• Completion remains subject to satisfaction or waiver of customary closing conditions.

8.01 Other Events

• FY26 net revenue was $7.531 billion, up 1% year-over-year, with net income of $887 million and diluted EPS of $3.51.
• FY26 net bookings were a record $8.026 billion, up 9% year-over-year, driven by Battlefield 6 launch and live services growth.
• Operating cash flow was $580 million for Q4 and $2.553 billion for FY26, up 6% and 23% year-over-year, respectively.
• EA declared a quarterly cash dividend of $0.19 per share, payable June 17, 2026, to stockholders of record May 27, 2026.

2.02 Results of Operations and Financial Condition · 8.01 Other Events · 9.01 Financial Statements and Exhibits

• The merger agreement was entered into on September 28, 2025 with Oak-Eagle AcquireCo, Inc. and Oak-Eagle MergerCo, Inc., entities formed by a consortium including PIF, Silver Lake, and Affinity.
• The expiration satisfies certain closing conditions, but the merger still requires other regulatory clearances and remains subject to other closing conditions.
• The merger is expected to close during the first quarter of fiscal year ending March 31, 2027, corresponding to April 1, 2026 to June 30, 2026.
• The report was filed under Item 8.01 Other Events to update the status of the merger's regulatory approval process.

8.01 Other Events

• Net revenue was $1.901 billion for the quarter, with net income of $88 million and diluted EPS of $0.35.
• Battlefield 6 was the best-selling shooter title of 2025, setting new franchise engagement records.
• EA SPORTS FC net bookings increased high single digits year-over-year, excluding deluxe edition content timing.
• A cash dividend of $0.19 per share was declared, payable March 18, 2026, to stockholders of record February 25, 2026.

2.02 Results of Operations and Financial Condition · 8.01 Other Events · 9.01 Financial Statements and Exhibits

• On January 6, 2026, Electronic Arts Inc. redeemed all $400,000,000 outstanding aggregate principal amount of its 4.800% Notes due 2026.
• The redemption was funded with cash on hand.
• The Notes were issued under an Indenture dated February 24, 2016, with U.S. Bank Trust Company, National Association as trustee.
• The redemption is reported under Items 1.02, 2.04, and 8.01 of Form 8-K.

1.02 Termination of a Material Definitive Agreement · 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 8.01 Other Events

• The Merger Agreement Proposal was approved with 201,459,396 votes for, 1,915,837 against, and 90,331 abstentions.
• The advisory compensation proposal for named executive officers in connection with the merger was approved with 178,302,365 votes for, 24,908,638 against, and 254,561 abstentions.
• No adjournment proposal was made because sufficient votes were cast to approve the merger agreement.
• As of the record date, 250,106,129 shares of common stock were entitled to vote at the special meeting.

5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits

• Three stockholder lawsuits were filed in December 2025 alleging omissions in the definitive proxy statement, and demand letters were received starting November 17, 2025.
• The company is supplementing the proxy statement with additional financial forecasts, including cash taxes, depreciation, and net working capital changes for fiscal years 2026-2031.
• Goldman Sachs' discounted cash flow analysis used discount rates of 7.5% to 9.5% and perpetuity growth rates of 2% to 3%, resulting in implied present values per share of $157 to $236.
• The company denies the allegations and states the supplemental disclosures are not admissions of liability or materiality.

8.01 Other Events