Analyst Coverage

Firm Analyst
Arete Research   Adam Shepard
Bank of America - Merrill Lynch   Kash Rangan
Barclays   Raimo Lenschow
Berenberg Capital Markets   Daud Khan
BTIG   Joel P. Fishbein Jr.
Citigroup   Walter Pritchard
Cowen & Co.   Gregg Moskowitz
Credit Agricole (CLSA)   Edward Maguire
Credit Suisse   Phillip Winslow
Deutsche Bank Securities   Karl Keirstead
Evercore Partners   Kirk Materne
FBN Securities   Shebly Seyrafi
Friedman Billings Ramsey   Daniel Ives
Goldman Sachs   Heather Bellini
JMP Securities   Pat Walravens
Jefferies   John DiFucci
Mizuho   Abhey Lamba
MKM Partners   Kevin Buttigieg
Morgan Stanley   Keith Weiss
Needham & Company   Scott Zeller
Oppenheimer   Ittai Kidron
Pacific-Crest Securities   Rob Owens
Piper Jaffray   Katherine R. Egbert
Raymond James   Michael Turits
RBC   Matthew Hedberg
Robert W. Baird   Steve Ashley
Sanford Bernstein   Mark Moerdler
Stephens   Jonathan Ruykhaver
Stifel Nicolaus   Brad Reback
SunTrust Robinson Humphrey   John Rizzuto
Susquehanna International Group   Derrick Wood
UBS   Brent Thill
William Blair & Company   Bhavan Suri

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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