Analyst Coverage

Firm Analyst
Rob Oliver
Bank of America Merrill Lynch
Koji Ikeda
Matt VanVliet
Kirk Materne
Morningstar, Inc.
Dan Romanoff
Raymond James
Brian Peterson
Stifel Nicolaus & Company, Inc.
Parker Lane

Blackbaud is followed by the analysts listed. Please note that any opinions, estimates or forecasts regarding Blackbaud's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Blackbaud or its management. Blackbaud does not by its reference or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.