Sprout Social, Inc.

10. Subsequent Events

Acquisition of NewsWhip

On July 30, 2025, the Company completed its acquisition of all of the outstanding voting shares of NewsWhip Group Holdings Limited (“NewsWhip”), a company incorporated in Ireland that provides real-time social intelligence. NewsWhip’s proprietary real-time media monitoring and predictive analytics provide insights into emerging trends and narratives, and will allow the Company to enter the public relations and crisis monitoring space.

Consideration for the acquisition of NewsWhip consisted of an upfront cash payment of $55 million, subject to adjustment for cash, indebtedness and working capital, and up to $10 million of contingent consideration payable intwo installments based on NewsWhip’s achievement of financial performance metrics through June 30, 2027. Due to the timing of the acquisition, the Company’s initial purchase price accounting was incomplete at the time these financial statements were issued. As such, the Company cannot disclose the allocation of the acquisition price to acquired assets and liabilities and the related disclosures at this time.

The Company funded the upfront cash payment with cash on hand and $32 million of borrowings under the Facility.