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.
The following is an internal communication that
Slack distributed to employees on January 20, 2021.
:firework::slack-and-salesforce: New Year, new updates! Heres a first
look at what to expect in the months ahead.
While many of us are laser focused on a strong finish to the fiscal year, others are full-steam ahead on
integration planning as we prepare for the closing of our deal with Salesforce. In thread, youll find two main updates:
:one: Answers to some of
your most frequently asked questions, and
:two: An overview of what to expect in the months ahead
:communicate: As always, well continue to keep you informed as more information becomes available. We have a big journey ahead
:slackbot-trailblazer: and are in this together. Stay tuned for more updates in this channel. If you have questions, review the Employee FAQ and continue to post questions in #help-acquisition.
As required by law, please see this important legal notice here.
<post #1 in thread>
:one: Answers to some of
your most frequently asked questions: The source of truth is still our Employee FAQ. But there are a few key items we know are top of mind so wanted to call them out specifically:
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Benefits coverage: Benefit premiums will continue to be covered 100% for Slack employees and their
families through the end of calendar year 2021. Insurance providers may change after closing (specifics TBD).
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ESPP enrollment: Details of the remaining months of the Slack ESPP are in this section of the Employee
FAQ. You will be able to enroll in the Salesforce ESPP in the next available open enrollment period following close.
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Tenure: Salesforce will honor Slack tenure and employees will receive Salesforce benefits and service
rewards commensurate with that tenure, subject to applicable law and tax qualification requirements.
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Friyays: As mentioned in the People Details section of the Employee FAQ, at a minimum, Friyays will
continue through May 2021.
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There is a full analysis underway related to all benefits programs. Once that analysis is complete,
we should have more information to share on all things related to employee benefits and the acquisition.