Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard

Upland Software, Inc. received a notification from the Nasdaq Listing Qualifications Department indicating that the closing bid price of its common stock has been below the minimum $1.00 per share requirement for continued listing on The Nasdaq Global Market for 30 consecutive business days. This notice serves as a deficiency, not an immediate delisting, and the company’s stock will continue to trade under the symbol "UPLD". Upland Software has 180 days, until October 5, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 per share for 10 consecutive business days. Failure to do so may result in a second 180-day compliance period, potentially requiring a transfer to The Nasdaq Capital Market and meeting its listing standards. The company intends to monitor its stock price and consider plans to regain compliance, though success is not assured. An appeal to a Nasdaq Hearings Panel is possible if delisting occurs.