CVLT 3-DAY DEADLINE ALERT: Commvault (CVLT) Investors Alerted to Securities Class Action, Encouraged to Contact HBSS

Hagens Berman is investigating the claims pled in the pending litigation and encourages Commvault investors who suffered substantial losses to submit your losses now. Expanded Alleged Class Period: Jan. 28, 2025 – Jan. 26, 2026 Lead Plaintiff Deadline: July 17, 2026 Visit: www.hbsslaw.com/investor- fraud /cvlt Contact the Firm Now: [email protected] 844-916-0895 View our latest video summary of the allegations: www.youtube.com/watch?v=MUMo4d2ZLkI Expanded Scope of Allegations The new suit, City of Fort Lauderdale Police and Firefighters' Retirement System v. Commvault Systems, Inc., et al., extends the start of the alleged fraud period from April 29, 2025, back to January 28, 2025. This expansion captures a broader range of investor activity and expands the claims brought against the company and its senior executives regarding their business disclosures. Focus of CVLT Securities Class Action Litigation: The litigation alleges that Defendants misrepresented and failed to disclose that: Commvault's competitive positioning was materially weaker than Defendants had represented to investors; Due to the undisclosed increase in competition, Commvault was forced to make significant concessions on price and contract duration for its software licenses; As these concessions became unsustainable, SaaS became a larger portion of the Company's sales mix; The increasing mix of SaaS sales, which carry shorter term durations and lower ASPs, negatively impacted the Company's margin and NNARR; and As a result, Defendants' positive statements about the Company's business, operation...