Today, Manhattan Associates Inc. (NASDAQ:MANH) announced that its board of directors approved an increase in the company's common share repurchase authority from $100 million to $500 million, effective immediately.

The company may make repurchases in the open market or otherwise in those quantities, at those prices, and in a manner, and on terms and conditions, as management determines are in the best interests of the company.

The plan does not have a fixed expiration date, does not obligate Manhattan to acquire any particular amount of common stock, and may be modified, suspended, or terminated at any time.

ABOUT MANHATTAN ASSOCIATES

Manhattan Associates is a global technology leader, providing supply chain and omnichannel commerce solutions with unmatched AI capabilities. We design, build and offer best-in-class, AI-powered, cloud-based solutions that drive resilience and efficiency for businesses. We enable enterprises to uniquely unify front-end sales with back-end supply chain execution.

Our commitment to innovation, cloud-native platform and API-first architecture create simpler experiences and faster paths to value for our customers. We empower them to preempt and react to emerging trends and global disruptions with technical expertise and operational confidence, transforming challenges into competitive advantage. For more information, please visit www.manh.com.

This press release contains "forward-looking statements" relating to Manhattan Associates, Inc. Forward-looking statements in this press release may include, without limitation, any statements or expectations regarding the future utilization of the share repurchase authority reported in this press release and its ultimate impact on shareholder return. Forward-looking statements can be identified by words such as "may," "expect," "forecast," "anticipate," "intend," "plan," "believe," "could," "seek," "project," "estimate," and similar expressions. We caution current and prospective investors that forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by forward-looking statements. Among important factors that could cause actual results to differ materially from those indicated by forward-looking statements is the possible non- or under-utilization of the share repurchase authority reported in this press release, the possibility that shares are repurchased at suboptimal prices, and the risk factors set forth in Item 1A of the Company's Annual Report on Form 10-K for the year ended December 31, 2025. Manhattan Associates undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes in future operating results.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260305514640/en/

Michael Bauer

Senior Director,

Investor Relations

Manhattan Associates, Inc.

678-597-7538

mbauer@manh.com

Devika Goel

Senior Manager,

Public Relations

Manhattan Associates, Inc.

678-597-6754

dgoel@manh.com

Manhattan Associates Increases Share Repurchase Program to US$500 Million