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Rimini Street Appoints New CIO to Lead Global IT Strategy Innovation

Rimini Street Appoints Joe Locandro as Executive Vice President and Chief Information Officer to Lead Global IT Strategy Las Vegas, NV – Rimini Street, Inc. (Nasdaq: RMNI), a leading global provider of end-to-end enterprise software support and innovative solutions for Oracle, SAP, and VMware software, announced today the appointment of Joe Locandro as Executive Vice President (EVP) and Chief Information Officer (CIO). In his new role, Locandro will lead Rimini Street's global IT operations, oversee corporate systems strategy, and drive technological innovation, all aimed at supporting the company’s ongoing growth and ensuring customer success. Locandro brings over 25 years of multinational leadership experience across various industries, including energy, aviation, utilities, construction, and entertainment. Prior to joining Rimini Street, he served as CIO at Fletcher Building, a leading construction and infrastructure company and one of New Zealand's largest corporations. Before that, Locandro held executive technology and transformation roles at prominent global companies such as BP, Cathay Pacific, CLP, Emirates, Energy Australia, and Village Roadshow. "I have witnessed firsthand the value and expertise of Rimini Street’s engineering efforts, which is why I am excited to join the team," said Locandro. "Our commitment to helping clients achieve success through strategic and cost-effective means is what sets us apart. I look forward to enhancing our systems, security, and scalability to better serve our stakeholders and empower our global clients with cutting-edge capabilities." "Joe’s leadership will be crucial as we continue to expand our platform to support thousands of clients worldwide," stated Seth Ravin, CEO and Chairman of Rimini Street. "His extensive expertise and practical approach to transformation align perfectly with Rimini Street’s needs." Supporting Flexible, Scalable Innovation "Flexibility is the key to winning," Locandro emphasized. "At Rimini Street, we are dedicated to assisting organizations in growing at their own pace. I am eager to strengthen our systems, security, and scalability to fulfill this commitment across our global operations." Locandro holds a Bachelor’s degree in Economics and Business from the University of Melbourne, an MBA in Marketing from Monash University, and has completed executive studies focusing on strategic technology leadership at Stanford Graduate School of Business. He has served on the board of SITA (Société Internationale de Télécommunications Aéronautiques, or International Air Telecommunications Communications Group) and is a member of the Australian Institute of Company Directors. Locandro will be based in Rimini Street’s Asia-Pacific region and will report directly to Mr. Ravin. This appointment enhances Rimini Street’s capability to develop flexible and agile IT solutions, addressing the evolving needs of its global client base. About Rimini Street, Inc. Rimini Street, Inc., a Russell 2000 Index company (Nasdaq: RMNI), is a global end-to-end enterprise software support and innovation solutions provider. The company offers a comprehensive suite of unified solutions for running, managing, supporting, customizing, configuring, connecting, securing, and optimizing enterprise applications, databases, and technology software. Rimini Street has signed thousands of contracts with Fortune 100, Fortune 500, mid-market, public sector, and government organizations, delivering better business outcomes and saving clients billions of dollars. These savings can be redirected into AI investments and other innovations. For more information, visit https://www.riministreet.com and connect with us on X, Facebook, Instagram, and LinkedIn. Forward-Looking Statements Certain statements in this press release are not historical facts but are forward-looking statements under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may contain words and phrases like “anticipate,” “believe,” “continue,” “could,” “currently,” “estimate,” “expect,” “forecast,” “future,” “intend,” “may,” “might,” “outlook,” “plan,” “target,” “potential,” “predict,” “project,” “seek,” “should,” “will,” and similar terms or expressions. These statements include, but are not limited to, the company’s expectations regarding future events, opportunities, global expansion, and other growth strategies and their anticipated impact on the company. Such statements are based on current assumptions and expectations of management and are not predictions of actual performance nor guarantees of historical facts. These forward-looking statements are subject to multiple risks and uncertainties, including but not limited to: unfavorable developments in pending or new litigation, including pending appeals and claims; costs associated with compliance with court orders; changes in the business environment, economic trends, and currency fluctuations affecting Rimini Street's operations globally; the evolution of the enterprise software management and support landscape and the company’s ability to attract and retain customers and penetrate the market further; intense competition in the software support services industry; customer adoption of the company’s expanded product and service offerings; expectations for new products, partnerships, and alliances; revenue growth potential and the ability to accurately forecast revenue; the impact of staff reductions and related restructuring costs; the company’s ability to protect and retain employees' and customers' confidential information and comply with privacy regulations; maintaining effective internal controls over financial reporting; protecting brand and intellectual property; regulatory changes, particularly in tax laws; tariffs and the company’s ability to navigate them; ESG issues negatively impacting the company's reputation or business; maintaining positive relationships with U.S. and international governments and securing new contracts with government entities; obligations under credit loans and financial and operational covenants; the sufficiency of cash and cash equivalents to meet liquidity needs; the amount and timing of stock repurchases and their impact on shareholder value; uncertainties about the long-term value of Rimini Street equity securities; disruptive events affecting the company or its clients; and risks detailed in Rimini Street’s annual report on Form 10-K for the fiscal year ending February 27, 2025, and subsequent reports filed with the Securities and Exchange Commission. Additionally, these forward-looking statements represent the company's expectations, plans, or forecasts as of the date of this press release. Rimini Street anticipates that subsequent events and developments may cause its assessments to change. However, while the company may choose to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so except as required by law. Readers should not rely on these forward-looking statements representing the company's views after the date of this press release. © 2025 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries. Rimini Street, the Rimini Street logo, and combinations thereof, as well as other marks indicated by TM, are trademarks of Rimini Street, Inc. All other trademarks are the property of their respective owners. Unless specifically stated otherwise, there is no affiliation, endorsement, or sponsorship between Rimini Street and any of the aforementioned parties or companies mentioned herein. Disclaimer: The original version of this press release is the authorized official version. Translations are provided for convenience only and reference should be made to the original English version, which is the only authoritative version and sole legally binding text.

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