On January 4, 2019, the Board of Directors of SailPoint Technologies Holdings, Inc., upon the recommendation of its Nominating and Corporate Governance Committee, expanded the size of the Board to six members and appointed Heidi Melin to the Board as a Class II Director, with a term expiring at the 2019 annual meeting of stockholders or until her successor is elected and qualified, or, if earlier, until her death, disability, resignation, disqualification, or removal from the Board. Based on information provided by Ms. Melin concerning her background, employment, and affiliations, the Board determined that Ms. Melin meets the independence requirements under the rules of the New York Stock Exchange, including the additional independence requirements of the NYSE and Securities Exchange Commission applicable to members of compensation committees, and that there are no transactions between the Company and Ms. Melin that would require disclosure under Item 404(a) of Regulation S-K. There are no arrangements or understandings between Ms. Melin and any other persons pursuant to which she was appointed as a director of the Company. Ms. Melin has been appointed as a member of the Compensation Committee. Ms. Melin is currently the Chief Marketing Officer of Workfront Inc., a cloud-based company that develops enterprise work management software. From June 2013 to January 2018, Ms. Melin served as the Chief Marketing Officer of Plex Systems, Inc.