Filed by Slack Technologies, Inc.
pursuant to Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934
Subject Company: Slack Technologies, Inc.
Commission File No.: 001-38926
This filing relates to the proposed merger of Slack Technologies, Inc., a Delaware Corporation (Slack), with Skyline Strategies I Inc.
(Merger Sub I), a Delaware corporation and a wholly owned subsidiary of salesforce.com, inc., a Delaware corporation (Salesforce), pursuant to the terms of that certain Agreement and Plan of Merger, dated as of
December 1, 2020, by and among Salesforce, Merger Sub I, Skyline Strategies II LLC, a Delaware corporation and a wholly owned subsidiary of Salesforce, and Slack.
Acquisition Q+A Received
Wednesday, December 2, 2020
#help-acquisition
Q: Are there any insider trading regulations/limitations we should be aware of while considering trading CRM stock prior to the close date of the
acquisition?
A: Any trading on material non-public information regarding Salesforce or Slack is prohibited
under securities laws and our Insider Trading Policy. Please exercise caution and discretion in trading in Salesforce stock. We publicly announced the deal yesterday, so the deal info is public and the merger agreement was publicly filed. If you
have questions, please ask Slack legal.
Q: Do we expect another open trading window after this one and before the deal closes, as we normally
would after announcing Q4 earnings in Q1? The FAQ says we expect to file a 10-K and release financial results during Q1, timing TBD but doesnt say anything about whether well open up
trading as usual.
A: Yes, for the general employee population we expect to open the trading window pursuant to normal practice after our Q4
earnings are announced in March.
Q: Is it ok to hire people from Salesforce?
A: Yes. It is business as usual until the deal closes.
Q: How would this affect relatively new hires that havent had grants go through yet?
A: We will continue with our normal RSU grant practices for new hires, no anticipated changes.
#help-recruiting
Q: For those of us who have
candidates at offer stage, can we get some talking points around the benefit of joining Slack now, and what our new sales pitch will be around the upside when stock is converted to CRM stock?
A: I wanted to reach out as the points you both have raised have been coming up for my recruiters and team since essentially last week. We have managed
to get ahead of it already, so I thought it might be helpful to provide some context.
As a rule of thumb, its important everyone hops on
calls and checks in with folks who are ANS and OE. Something simple as we wanted to check in given the news and be here to answer any questions you may have. There is a wealth of information you can weave into your conversations that is high
level. The role is important, Slack will continue to grow and this is a huge opportunity for us and them.
Important points to touch on.
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Upside of joining Slack now is the same benefit as before except now we have just opened up huge sales streams
that were previously hard to penetrate (specifically financial services among others). Slack is now poised to be able achieve its vision for being the OS for all work software with new relationships that have an open door to Salesforce, which might
have been closed to Slack previously.
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