Expensify, Inc. (“Expensify”), a payments superapplication that helps individuals and businesses around the world simplify the way they manage their money between expenses, corporate cards and bills, announced today hui have filed a registration statement on Form S-1 with the United States Securities and Exchange Commission (the “SEC”) regarding the proposed initial public offering of its Class A common shares. Expensify has requested the ‘listing of its Class A common shares on the Nasdaq Global Market under the symbol “EXFY”. The number of shares to be offered and the price range of the proposed offering have not yet been determined. The proposed offer is subject to market conditions, and there can be no assurance that the proposed offer can be made or when it can be made, or as to the size or actual terms of the proposed offer.

JP Morgan Securities LLC, Citigroup Global Markets Inc. and BofA Securities are acting as joint bookkeepers for the proposed offering. Piper Sandler & Co., JMP Securities LLC and Loop Capital Markets LLC are acting as co-managers of the proposed offering.

The proposed offer will be made only by means of a prospectus. A copy of the preliminary prospectus relating to the proposed offering, when available, may be obtained from: JP Morgan Securities LLC, c / o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at ( 866) 803- 9204, or by email at prospectus-eq—[email protected], Citigroup Global Markets Inc., c / o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by phone at (800 ) 831-9146, or by email at [email protected]; or BofA Securities, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC 28255-0001, Attention: Prospectus Department, or by email at dg.prospectus—[email protected]

A registration statement on Form S-1 relating to the proposed offering of these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor offers to purchase may be accepted, before the entry into force of the registration statement. This press release does not constitute an offer to sell or the solicitation of an offer to buy such securities, and there will be no sale of such securities in any state or jurisdiction in which such an offer, solicitation or sale would be illegal before registration. or qualification under the securities laws of any such state or jurisdiction.

Expensify is a payments super app that helps individuals and businesses around the world simplify the way they manage their money. Over 10 million people use Expensify’s free features, which include corporate cards, expense tracking, next day reimbursement, invoicing, bill payment, and travel reservation in one app. All free. Whether you own a small business, manage a team, or close client accounts, Expensify makes it easy for you so you have more time to focus on what really matters.

KEYWORD: OREGON UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT TECHNOLOGY FINANCE SOFTWARE ACCOUNTING

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PUB: 10/15/2021 17:52 / DISC: 10/15/2021 17:52