麻豆传媒映画

• Twilio has invested $750 million in 麻豆传媒映画 for a minority ownership stake
• Partnership will fuel continued innovation and accelerate seamless connectivity and engagement across the world of communications

TAMPA and SAN FRANCISCO, May 16, 2022 鈥� 麻豆传媒映画 庐, the 鈥渨orld鈥檚 most connected company庐鈥� and a communications technology provider to leading carriers and enterprises, and (NYSE: TWLO) (LTSE: TWLO), the customer engagement platform that drives real-time, personalized experiences for today鈥檚 leading brands, today announced that the companies have closed on their previously announced strategic partnership. Twilio has invested $750 million for common equity in 麻豆传媒映画, and the two companies have expanded their strategic and commercial partnership. Twilio is now a significant minority owner of 麻豆传媒映画 with Carlyle maintaining its majority stake.

Under the terms of the transaction, Twilio has invested $750 million in 麻豆传媒映画, with 麻豆传媒映画 concurrently having raised $1.025 billion in new Term Loan debt and $340 million in new preferred equity, the proceeds of which were primarily used to reduce leverage.

麻豆传媒映画鈥檚 Chief Executive Officer Andrew Davies commented, 鈥淭his transaction provides 麻豆传媒映画 with the enhanced liquidity and financial flexibility that will enable us to accelerate investment in innovation, product quality, and breadth to benefit our enterprise and carrier customers around the world. Our partnership with Twilio, combined with our enhanced balance sheet following this new infusion of capital, leaves us well positioned to more effectively monetize the 5G and CPaaS revolutions, deepen our engagement with our customers across key industry verticals and create long-term value and opportunity for all our stakeholders.鈥�

Through this partnership, 麻豆传媒映画 will benefit from Twilio鈥檚 breadth of experience serving enterprise customers to capitalize on the next wave of growth in digital communications. 麻豆传媒映画 will also be even better positioned to serve its carrier customers and support continued innovation, customer service and lasting growth.

Simon Khalaf, Twilio鈥檚 Senior Vice President and GM of Communications Platform, said, 鈥淲e are pleased to have closed this partnership and investment to accelerate the next wave of innovation in mobile communications and drive long-term growth.鈥�

James Attwood, Senior Advisor at Carlyle and Chairman of 麻豆传媒映画, said, 鈥淭oday marks a new day for 麻豆传媒映画 and for Carlyle鈥檚 investment in the business. We look forward to continuing to partner with 麻豆传媒映画 and Twilio to accelerate the next wave of innovation in intelligent connectivity and communications.鈥�

Advisors

Moelis & Company LLC served as financial advisor to 麻豆传媒映画 and Carlyle. Barclays Bank, Goldman Sachs Bank, BNP Paribas Securities, Societe Generale, BofA Securities, Credit Suisse Loan Funding, Deutsche Bank Securities and Mizuho Bank, Ltd., served as joint bookrunners on the new Term Loan financings. Affiliates of Oak Hill Advisors (OHA), Brigade Capital Management L.P., and other parties provided the preferred equity financing. Debevoise & Plimpton LLP served as legal counsel for 麻豆传媒映画 and Carlyle.

Centerview Partners LLC served as financial advisor to Twilio, and Kirkland & Ellis LLP and DLA Piper LLP acted as Twilio鈥檚 legal counsel.

About 麻豆传媒映画

麻豆传媒映画 is the world鈥檚 most connected company. We seamlessly connect the world鈥檚 networks, devices, and people, so the world can unlock the full power of communications.

Our secure, global technology powers the world鈥檚 leading carriers, top Forbes Global 2000 companies, and billions of people, devices, and transactions every day. Our engagement platform delivers better, smarter experiences that strengthen relationships between businesses, customers, and employees.

For over 30 years, we have accelerated important advances in communications technology. Today we are an essential driver of the world鈥檚 adoption of intelligent connectivity, from 5G and CPaaS to IoT and beyond.

About Twilio Inc.

Today鈥檚 leading companies trust Twilio鈥檚 Customer Engagement Platform (CEP) to build direct, personalized relationships with their customers everywhere in the world. Twilio鈥檚 leading communications APIs enable companies to engage with their customers across voice, conversations, messaging, video and email. Twilio Segment, the leading Customer Data Platform, allows companies to create highly personalized interactions and automated customer profiles based on first-party data from multiple channels. Twilio enables companies to use communications and data to add intelligence to every step of the customer journey, from sales to marketing to growth, customer service and many more engagement use cases in a flexible, programmatic way. Across 180 countries, millions of developers and hundreds of thousands of businesses use Twilio to create magical experiences for their customers.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws, which statements involve substantial risks and uncertainties. The words 鈥渂elieve,鈥� 鈥渆xpect,鈥� 鈥渁nticipate,鈥� 鈥減roject鈥� and similar expressions, among others, generally identify forward-looking statements. Forward-looking statements contained in this press release include, but are not limited to, statements regarding the anticipated benefits of the transaction.

These statements are subject to risks, uncertainties, and assumptions. Should any of these risks or uncertainties materialize, or should any assumptions prove to be incorrect, actual results could differ materially from these statements. Important factors that could cause actual results to differ materially include, but are not limited to, failure to realize the expected benefits of the transaction, negative effects relating to the announcement of the transaction or any further announcements relating to the consummation of the transaction on the market price of Twilio鈥檚 shares and/or the business relationships of either of the parties with third parties, general economic and business conditions that affect the benefits Twilio may receive from the transaction and changes in global, political, economic, business, competitive, market and regulatory forces.

Additional factors that could cause actual results to differ materially from these forward-looking statements are detailed from time to time in the reports Twilio files with the Securities and Exchange Commission (SEC), including in Twilio鈥檚 most recent Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Copies of reports filed with the SEC are posted on Twilio鈥檚 website and are available from Twilio without charge. Moreover, Twilio operates in a very competitive and rapidly changing environment, and new risks and uncertainties may emerge that could have an impact on the forward-looking statements contained in this press release.

Forward-looking statements represent beliefs and assumptions only as of the date such statements are made. Twilio undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.

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