Globant S.A. Investigation - GLOB

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Globant S.A. (NYSE: GLOB)

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Certification of Plaintiff Pursuant to Federal Securities Laws

I, duly certify and say, as to the claims asserted under the federal securities laws, that:

1.I have reviewed a complaint filed in the action.

2.I did not purchase the security that is the subject of this action at the direction of plaintiff's counsel or in order to participate in this action.

3.I am willing to serve as a representative party on behalf of the class, including providing testimony at deposition and trial, if necessary.

4.My transaction(s) in which are the subject of this litigation during the class period set forth in the complaint are set forth in the chart attached hereto.

5.Within the last 3 years,

6.I will not accept any payment for serving as a representative party on behalf of the class beyond the Plaintiff's pro rata share of any recovery, except as ordered or approved by the court, including any award for reasonable costs and expenses (including lost wages) directly relating to the representation of the class.

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Signed pursuant to California Civil Code Section 1633.1, et seq. - and the Uniform Electronic Transactions Act as adopted by the various states and territories of the United States.

By your signature above, you confirm that have retained Levi & Korsinsky, LLP to represent you and the shareholder class as a lead plaintiff in the pending class action against Globant S.A. This representation will be on a contingency basis, meaning that Levi & Korsinsky will advance all expenses in the litigation and will only seek compensation and/or reimbursement of expenses if the firm obtains a recovery. Regardless of the result, we will never ask you to directly pay for any attorneys’ fees, expenses, or costs. Should we obtain a favorable result, we may ask the court to award us compensation and reimbursement of expenses to be paid by the defendants or as a portion of any class recovery. In exchange for our representation, you agree to cooperate as our client by providing, for example, relevant documents and deposition testimony, if necessary. During the course of this litigation, we may employ and/or work with other law firms, experts, and third-parties to successfully prosecute this action. If you are not appointed as the lead plaintiff or Levi & Korsinsky is not appointed as lead counsel, we will notify you of such decision at which time this representation will end unless otherwise extended by you and the firm. We look forward to working with you towards a successful resolution of this action.

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Globant S.A Investigation Details

Globant S.A. shares fell sharply after the Company reported flat Q2 2026 revenue and cut its full-year outlook. During the Q2 2026 earnings release, the Company reported revenue of approximately $614.4 million, which was essentially flat year over year. Crucially, management reduced its full-year 2026 revenue guidance from expected growth to a slight year-over-year decline. This reduction contrasted with the Company's prior guidance issued on February 26, 2026, which projected fiscal year 2026 revenues of $2,460 million to $2,510 million, representing 0.2% to 2.2% growth. On that same day, Chief Executive Officer Martín Migoya asserted that the Company's outlook was 'not a hope. It is supported by the bookings we have already signed and the pipeline that is converting.' On May 14, 2026, Chief Executive Officer Martín Migoya stated that 'Q1 appears to mark the trough of this cycle' and added, 'We are confident in 2026.' The investigation concerns whether Globant S.A. adequately disclosed weakening discretionary IT demand, client budget pressures, and legacy time-and-materials business weakness ahead of the Q2 2026 earnings release.

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