Analyst Coverage

Firm Analyst
Arete Research   Adam Shepard
Bank of America - Merrill Lynch   Kash Rangan
Barclays   Raimo Lenschow
BTIG   Joel P. Fishbein Jr.
Citigroup   Walter Pritchard
Cowen & Co.   Gregg Moskowitz
Credit Agricole (CLSA)   Edward Maguire
Deutsche Bank Securities   Karl Keirstead
Evercore Partners   Kirk Materne
FBN Securities   Shebly Seyrafi
Goldman Sachs   Heather Bellini
Jefferies   John DiFucci
JMP Securities   Greg McDowell
Mizuho   Abhey Lamba
MKM Partners   Kevin Buttigieg
Morgan Stanley   Keith Weiss
Oppenheimer   Ittai Kidron
Pacific-Crest Securities   Rob Owens
Raymond James   Michael Turits
RBC   Matthew Hedberg
Robert W. Baird   Rob Oliver
Sanford Bernstein   Mark Moerdler
Stifel Nicolaus   Brad Reback
UBS   Michael Turrin
Wells Fargo Securities   Philip Winslow
William Blair & Company   Jason Ader

Citrix Systems, Inc. is followed by the, analysts listed above. This list of research analysts was obtained from sources available to the Company, and is subject to change. Please note that any opinions, estimates or forecasts regarding Citrix’s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Citrix or its management. Citrix is providing this list for the convenience of its investors and does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations. Interested persons must obtain copies of analysts' reports on their own; Citrix does not distribute these reports. One or more of these firms may be market-makers in Citrix stock and/or hold other long or short positions in the stock, and may provide compensated services to Citrix. Other research analysts may institute coverage or publish opinions and recommendations from time to time, and Citrix expressly disclaims any obligation to update the information contained herein.

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