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The reader is cautioned not to rely on these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to: AdobeвЂ™s ability to integrate Frame.ioвЂ™s technology into Adobe Creative Cloud and otherwise realize the anticipated benefits of the transaction the effectiveness of Frame.ioвЂ™s technology potential benefits of the transaction to Adobe and Frame.io customers and any statements of assumptions underlying any of the foregoing. Forward-looking statements involve risks, including general risks associated with AdobeвЂ™s and Frame.ioвЂ™s businesses, uncertainties and other factors that may cause actual results to differ materially from those referred to in the forward-looking statements. Forward-looking statements relate to future events and future performance and reflect AdobeвЂ™s expectations regarding the ability to enhance Creative Cloud by adding Frame.ioвЂ™s cloud-native video collaboration capabilities and other anticipated benefits of the transaction. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements.

This press release includes forward-looking statements within the meaning of applicable securities law. With the close of the transaction, Frame.io co-founder and CEO Emery Wells will continue to lead the Frame.io team, reporting to Scott Belsky as part of the Creative Cloud organization. With the addition of Frame.io, Adobe will continue to collaborate across all stakeholders of creativity beyond AdobeвЂ™s applications that includes third-party applications in the entire creative ecosystem. The acquisition of Frame.io brings Adobe Creative CloudвЂ™s collaboration services to video and will make it easy for teams to collaborate across Adobe Premiere Pro, Adobe Photoshop, Adobe Illustrator and other Adobe Creative Cloud applications.ДЄll Creative Cloud customers will benefit from seamless collaboration on video projects with Frame.io workflow functionality built natively in Adobe Creative Cloud apps like Adobe Premiere Pro, Adobe After Effects and Adobe Photoshop. Now that the acquisition is complete, Adobe together with Frame.io will make the creative process more collaborative, productive and efficient to further unleash creativity for all: вЂњWe are committed to enabling collaboration beyond AdobeвЂ™s applications to the growing number of third-party applications across the creative ecosystem, many of which Frame.io supports.вЂќ вЂњWith the growing importance of video, weвЂ™re proud to add Frame.ioвЂ™s industry-leading, cloud-native workflow capabilities to Creative Cloud,вЂќ said Scott Belsky, chief product officer and executive vice president, Creative Cloud. The addition of Frame.io creates an opportunity for Adobe, in conjunction with the partner ecosystem, to expand beyond video editors to a broader set of customers, teams and enterprises. With over a million users, Frame.io streamlines the video production process by enabling editors and key project stakeholders to seamlessly collaborate using cloud-first workflows. To address these inefficiencies, video tools need to be cloud-first with collaboration at the center, enabling every stakeholder to effectively contribute to the creative process with the appropriate controls, feedback mechanisms, and security. Today, video review and approval processes are disjointed across multiple channels, leading to inefficient, time-intensive workflows. The skyrocketing demand for video means video teams must create an ever-increasing volume of content in close collaboration with dispersed stakeholders.

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The combination of AdobeвЂ™s leading video editing offerings-including Adobe Photoshop, Adobe Premiere Pro and Adobe After Effects-with Frame.ioвЂ™s cloud-based review and approval functionality will radically accelerate the creative process and deliver an end-to-end video platform. Adobe (Nasdaq:ADBE) today announced the completion of its acquisition of Frame.io, a leading cloud-based video collaboration platform.