X0306 4 2019-07-22 0 0001412408 Phreesia, Inc. PHR 0001340660 HLM VENTURE PARTNERS II, L.P. 116 HUNTINGTON AVENUE, 9TH FLOOR BOSTON MA 02116 0 0 1 0 0001591541 HLM VENTURE ASSOCIATES II, LLC 116 HUNTINGTON AVENUE, 9TH FLOOR BOSTON MA 02116 0 0 1 0 0001025665 CAHILL EDWARD L 116 HUNTINGTON AVENUE, 9TH FLOOR BOSTON MA 02116 1 0 1 0 0001242813 GRUA PETER J 116 HUNTINGTON AVENUE, 9TH FLOOR BOSTON MA 02116 0 0 1 0 Common Stock 2019-07-22 4 C 0 4323864 A 4323864 I See Footnote Common Stock 2019-07-22 4 C 0 414880 A 4738744 I See Footnote Common Stock 2019-07-22 4 S 0 540229 18.00 D 4198515 I See Footnote Junior Convertible Preferred Stock 2019-07-22 4 C 0 9500911 D Common Stock 4323864 0 I See Footnote Senior A Preferred Stock 2019-07-22 4 C 0 911624 D Common Stock 414880 0 I See Footnote Upon the closing of the Issuer's initial public offering, all shares of Junior Convertible Preferred Stock automatically converted into shares of Common Stock of the Issuer on a one-for-2.1973 basis. The Junior Convertible Preferred Stock had no expiration date. Shares held directly by HLM Venture Partners II, L.P. HLM Venture Associates II, L.L.C. is the general partner of HLM Venture Partners II, L.P. Edward L. Cahill and Peter J. Grua (collectively, the "Managing Members") are the managing members of HLM Venture Associates II, L.L.C. and, as such, may be deemed to have shared voting and dispositive power with respect to the issuer's securities held of record by HLM Venture Partners II, L.P. Each of the entities and the Managing Members disclaim beneficial ownership of the securities reported herein, except to the extent of their respective pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the shares for purposes of Section 16 or for any other purpose. Upon the closing of the Issuer's initial public offering, all shares of Senior A Preferred Stock automatically converted into shares of Common Stock of the Issuer on a one-for-2.1973 basis. The Senior A Preferred Stock had no expiration date. These shares were sold in a firm commitment underwritten public offering pursuant to an underwriting agreement dated as of July 17, 2019 by and among the Issuer, the several underwriters and the selling stockholders identified therein. /s/ Charles Kallenbach by Power of Attorney For HLM Venture Partners II, L.P. 2019-07-24 /s/ Charles Kallenbach by Power of Attorney for HLM Venture Associates II, L.L.C. 2019-07-24 /s/ Charles Kallenbach by Power of Attorney for Edward L. Cahill 2019-07-24 /s/ Charles Kallenbach by Power of Attorney for Peter J. Grua 2019-07-24