Filed by Electronic Arts Inc.
pursuant to Rule 14a-12 under the
Securities
Exchange Act of 1934, as amended
Subject Company: Glu Mobile Inc.
Commission File No.: 001-33368
In connection with the
announcement by Electronic Arts Inc. (Electronic Arts or the Company) of its proposed acquisition of Glu Mobile Inc., a Delaware corporation (Glu), Jeff Karp, Senior Vice President of the Company, Global General
Manager Mobile, sent the following email to EA Mobile on February 8, 2021:
To: EA Mobile
Subject: FW: EA ACTION | Electronic Arts To Acquire Glu Mobile
Hi Team,
This is a really exciting day for EA Mobile as we look to significantly expand our business and welcome Glu Mobile to Electronic Arts. Nick and the team at Glu are well
known to many of us and bringing together these two tremendously talented mobile organizations is a significant step in our growth strategy. I am extremely proud of what weve been able to achieve over the last few months together. Never more
so than at the Global Town Hall last week where we were able to update the entire organization on some of our recent wins and share our mobile playbook.
As Andrew
noted below, EA Mobile and Glu share a passion for creating mobile live services that deeply engage large communities over many years. The combined expertise and IP of the two organizations are very complimentary and this acquisition unlocks a lot
of potential for us and for our players.
I know you likely have a lot of questions about what this announcement means for us. We will be sending out an invite for
an AMA tomorrow and I will be happy to answer what questions I can. Its important to keep in mind this announcement is just the first step in a process that will play out over the next few months. There will be a lot of logistical questions
that we just arent able to answer yet.
Given the media attention this acquisition will get, it is important to remember not to comment publicly or to the
media. All inquiries should be referred to Kellyanne Dignan in Corporate Communications.
Thanks,
Jeff
Forward-Looking Statements
This communication may contain statements, other than statements of current or historical fact, that constitute forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995, including statements with respect to the proposed merger of a wholly owned subsidiary of Electronic Arts with and into Glu on the terms and subject to the conditions set forth in the Agreement
and Plan of Merger, dated as of February 8, 2021 to which Electronic Arts and Glu are party (the Merger Agreement), and the benefits and the anticipated timing of the proposed transaction. In some cases, you can identify
forward-looking statements by terminology such as anticipate, believe, expect, intend, estimate, project, forecast, plan, predict,
seek, goal, will, may, likely, should, could, and similar expressions or expressions of the negative of these terms. These forward-looking statements are not
guarantees of future performance and reflect managements current expectations. Electronic Arts actual results could differ materially from those discussed in the forward-looking statements. Some of the factors which could cause
Electronic Arts results to differ materially from its expectations include the following: the impact of the announcement of the merger on Electronic Arts and Glus business and operating results, including the effect of the
announcement of the merger on the ability of Electronic Arts or Glu to retain and hire key personnel and maintain relationships with players, partners and others with whom Electronic Arts or Glu do business; the occurrence of any circumstance or any
other events that could give rise to the termination of the proposed transaction, or the failure to obtain Glus stockholder approval or failure to satisfy any other conditions precedent to consummate the proposed transaction, including the
receipt of all necessary regulatory approvals on a timely basis or at all; Electronic Arts ability to successfully integrate Glus operations and employees; risks that the merger disrupts current ongoing business operations; risks of
litigation and/or regulatory actions related to the merger; the impact of the COVID-19 pandemic; Electronic Arts ability to realize the anticipated benefits of acquisitions; and other factors described
in Part II, Item 1A of Electronic Arts or Glus latest Quarterly Report on Form 10-Q under the heading Risk Factors, as well as in other documents Electronic Arts or Glu have filed with
the Securities and Exchange Commission, including Electronic Arts Annual Report on Form 10-K for the fiscal year ended March 31, 2020 and Glus Annual Report on Form 10-K for the fiscal year ended December 31, 2019. These forward-looking statements are current as of the date hereof. Neither Electronic Arts nor Glu assumes any obligation to revise or update any
forward-looking statement for any reason, except as required by law.