On June 11, 2023, Kristy Friedrichs, the Chief Operating Officer of New Relic, Inc. (the “Company”), resigned from her role as the Company's Chief Operating Officer effective December 31, 2023, which follows a period of transition. Executive Chair Transition: Also on June 11, 2023, Lew Cirne, the Company's Founder and Executive Chair, agreed with the Company that he will transition from his role as Executive Chair to the role of Non-Executive Chair of the Board, effective upon the conclusion of the Company's Annual Meeting of Stockholders on August 16, 2023, and thereby end his employment relationship with the Company. Following the transition, Mr. Cirne will be entitled to cash and equity compensation for service on the Board and its committees in accordance with the Company's Non-Employee Director Compensation Policy, as amended.