Aankondiging • Jul 11

Rimini Street, Inc. Enters into A Confidential Settlement Agreement with Oracle Corporation

On July 7, 2025 (the Effective Date), Rimini Street, Inc. and its President, Chief Executive Officer and Chairman of the Board, Seth A. Ravin, entered into a confidential settlement agreement with Oracle Corporation and certain of its affiliates. If all Parties complete their agreed upon responsibilities, the Settlement Agreement will allow for the final resolution and ultimate dismissal of Case Number 2:14-cv-01699-MMD-, which is currently before the United States District Court for the District of Nevada (the “ District Court ”) for further proceedings, following remand from the Ninth Circuit Court of Appeals (the “ Ninth Circuit ”). The Parties entered into the Settlement Agreement to provide a full, final, complete and global settlement of the subject matter of the Rimini II case. Over the past fifteen years, Rimini and Oracle have been parties in two different U.S. Federal court cases, referred to as “ Rimini I ” and “ Rimini II. ” Rimini’s litigation with Oracle has been primarily related to the manner in which Rimini provided certain support services to a subset of Rimini’s clients that are licensees to Oracle’s enterprise software, certain Rimini actions involving Oracle copyright notices, and certain Rimini public statements. The Ninth Circuit held that Rimini offered third-party support in lawful competition with Oracle’s direct maintenance services. Rimini I: In January 2010, Oracle commenced litigation against Rimini in the District Court, Oracle USA, Inc. v. Rimini, No. 2:10-cv-00106 (D. Nev.) (“ Rimini I ”). The litigation has run its course through trial and all appeals. A permanent injunction was entered by the District Court in 2018 (“ Rimini I Injunction ”) and remains in effect, defining the manner in which Rimini can provide support services for certain Oracle product lines (but not prohibiting Rimini support of any Oracle products). Rimini II: In October 2014, Rimini commenced litigation against Oracle in Rimini II, and Oracle brought counterclaims against Rimini and Ravin. Following trial in 2022 and a merits appeal to and ruling by the Ninth Circuit, the Rimini II matter was remanded to the District Court to resolve Oracle’s claims related solely to the manner in which Rimini provided certain support services to a subset of Rimini’s Oracle PeopleSoft clients and – in light of the judgment reversals made in favor of Rimini by the Ninth Circuit – which included vacating the underlying copyright infringement judgment – resolve the disposition of approximately $58.7 million in attorneys’ fees and costs, including post-judgment interest of approximately $0.2 million, paid by Rimini to Oracle in late 2024. On April 24, 2025, the District Court issued a permanent injunction (the “ Rimini II Injunction ”) requiring Rimini to comply with the Digital Millennium Copyright Act and refrain from making four statements – none of which are part of Rimini’s current marketing. On July 31, 2024, Rimini announced during its fiscal second quarter earnings call that it had unilaterally decided to wind down its offering of support and services for Oracle PeopleSoft software, and the Company repeated that decision during subsequent earnings calls held on October 30, 2024 and May 1, 2025. At the time of the Company’s announcement on July 31, 2024, the annual revenue associated with the Company’s provision of services for Oracle’s PeopleSoft products was approximately $30 million. The Settlement Agreement provides, in part, that: No Parties admit any liability or wrongdoing. No later than July 9, 2025, Oracle will remit back to Rimini approximately $37.8 million of the approximately $58.7 million in attorneys’ fees and costs Rimini paid to Oracle in late 2024, which the Company has agreed will satisfy the District Court’s Order on Fees on Remand dated June 2, 2025. The amount to be remitted back to Rimini includes interest. Oracle will be entitled to retain approximately $22.5 million of the fee award that Rimini previously paid to Oracle. Oracle completed the remit to Rimini on July 8, 2025. No later than July 22, 2025, the Parties to the Settlement Agreement will jointly move the District Court for a stay of all pending proceedings in the Rimini II litigation and the vacatur of all currently scheduled hearing dates and deadlines. If the District Court declines to enter the stay, within fourteen (14) calendar days of such denial, Oracle shall file with the District Court a motion to dismiss without prejudice the Rimini II case in its entirety. If, among other obligations, the Company (a) completes its previously announced wind down of its provision of support and services for Oracle’s PeopleSoft software (the “ Wind Down ”) no later than July 31, 2028 (the “ Wind Down Period ”), (b) notifies all existing customers for which it supplies such support and services of the Wind Down, (c) provides required quarterly Wind Down progress reports to Oracle with certain agreed-upon information and (d) signs a declaration, under penalty of perjury, affirming that the Wind Down is complete and issues a public statement as to the same, which statement can be in the form of a filing made with the United States Securities and Exchange Commission (the “ SEC ”), then, within 14 days after the Company certifies to Oracle that the Wind Down has been completed, the Parties will jointly file a stipulation with the District Court to dismiss the Rimini II litigation with prejudice. During the Wind Down Period, the Parties covenant and agree not to make, initiate, join, take action in connection with, or assert any claim, action, litigation or proceeding of any kind, known or unknown, anywhere in the world against each other during the Wind Down Period based on any claim for conduct at issue in the Rimini I or Rimini II cases that accrued either (i) before the end of the Wind Down Period, if related to PeopleSoft products, or (ii) before the Settlement Agreement Effective Date, if related to any other Oracle product or service (such agreement and covenant, the “ Litigation Standstill ”), including any new lawsuits, contempt proceedings, actions to enforce the Rimini I Injunction or the Rimini II Injunction, or for discovery. In the event of a breach by any Party that remains uncured after the cure period and leads to the termination of the Settlement Agreement, Oracle may ask the District Court to lift the Litigation Standstill. The Rimini I Injunction and the Rimini II Injunction shall remain in effect, and the District Court will retain jurisdiction to enforce them. The Settlement Agreement also contains customary representations, warranties and covenants. The above descriptions of the litigation with Oracle and the Settlement Agreement do not purport to be complete. The Company intends to file a redacted copy of the confidential Settlement Agreement as an exhibit to its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025.

Percentage CEO-salaris	n/a
Dienstverband CEO	less than a year
Eigendom CEO	0.005%
Management gemiddelde ambtstermijn	less than a year
Gemiddelde ambtstermijn bestuur	13.1yrs

Naam	Positie	Tenure	Compensatie	Eigendom
Lawrence Ellison	Co-Founder	49.1yrs	US$5.64m	40.21% CHF 130.6b
Jeffrey Henley	Executive Vice Chairman of the Board	31.1yrs	US$9.46m	0.059% CHF 190.7m
Safra Catz	Executive Vice Chair	24.8yrs	US$1.11m	0.039% CHF 126.1m
Maria Smith	Executive VP & Chief Accounting Officer	3.6yrs	US$8.46m	0.0018% CHF 5.9m
Stuart Levey	Executive VP & Chief Legal Officer	3.8yrs	US$14.68m	0.00012% CHF 389.7k
Michael Sicilia	Chief Executive Officer & Director	less than a year	geen gegevens	0.0047% CHF 15.3m
Clayton Magouyrk	Chief Executive Officer & Director	less than a year	geen gegevens	0.0046% CHF 15.1m
Hilary Maxson	Chief Financial Officer	less than a year	geen gegevens	geen gegevens
Mark Hura	President of Global Field Operations	less than a year	geen gegevens	0.0081% CHF 26.4m
Jae Evans	Global Chief Information Officer & Executive VP	4.5yrs	geen gegevens	geen gegevens
Ken Bond	Senior Vice President of Investor Relations	no data	geen gegevens	geen gegevens
Andrew Morawski	Executive VP & GM of Communications	no data	geen gegevens	geen gegevens

Naam	Positie	Tenure	Compensatie	Eigendom
Lawrence Ellison	Co-Founder	49.1yrs	US$5.64m	40.21% CHF 130.6b
Jeffrey Henley	Executive Vice Chairman of the Board	31.1yrs	US$9.46m	0.059% CHF 190.7m
Safra Catz	Executive Vice Chair	24.8yrs	US$1.11m	0.039% CHF 126.1m
Michael Sicilia	Chief Executive Officer & Director	less than a year	geen gegevens	0.0047% CHF 15.3m
Clayton Magouyrk	Chief Executive Officer & Director	less than a year	geen gegevens	0.0046% CHF 15.1m
Bruce Chizen	Lead Independent Director	18yrs	US$453.37k	0.0029% CHF 9.5m
Michael Boskin	Independent Director	32.3yrs	US$468.82k	0.0034% CHF 11.1m
Stephen Rusckowski	Director	less than a year	geen gegevens	0.000020% CHF 65.0k
Jeffrey Berg	Independent Director	29.4yrs	US$453.37k	0.0054% CHF 17.5m
Charles Moorman	Independent Director	8.2yrs	US$438.37k	0.0032% CHF 10.6m
Rona Fairhead	Independent Director	7yrs	US$423.37k	0.0012% CHF 4.0m
Awo Ablo	Independent Director	4.3yrs	US$413.37k	0.00047% CHF 1.5m

Gegevens	Laatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse	2026/07/04 22:46
Aandelenkoers aan het einde van de dag	2026/05/29 00:00
Inkomsten	2026/05/31
Jaarlijkse inkomsten	2026/05/31

Pakket	Gegevens	Tijdframe	Voorbeeld Amerikaanse bron ^*
Financiële gegevens bedrijf	10 jaar	Resultatenrekening Kasstroomoverzicht Balans	SEC-formulier 10-K SEC-formulier 10-Q
Consensus schattingen analisten	+3 jaar	Financiële prognoses Koersdoelen analisten	Onderzoeksrapporten van analisten Blue Matrix
Marktprijzen	30 jaar	Aandelenprijzen Dividenden, splitsingen en acties	ICE Marktgegevens SEC-formulier S-1
Eigendom	10 jaar	Top aandeelhouders Handel met voorkennis	SEC-formulier 4 SEC-formulier 13D
Beheer	10 jaar	Leiderschapsteam Raad van bestuur	SEC-formulier 10-K SEC-formulier DEF 14A
Belangrijkste ontwikkelingen	10 jaar	Bedrijfsaankondigingen	SEC-formulier 8-K

Analist	Instelling
Adam Shepherd	Arete Research Services LLP
Joseph Bonner	Argus Research Company
Robert Oliver	Baird

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Beheer criteriumcontroles 1/4

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