X0306 4 2019-12-17 0 0001517375 Sprout Social, Inc. SPT 0001452907 NEW ENTERPRISE ASSOCIATES 13 LP 1954 GREENSPRING DRIVE SUITE 600 TIMONIUM MD 21093 0 0 1 0 0001460751 NEA 13 GP, Ltd 1954 GREENSPRING DRIVE SUITE 600 TIMONIUM MD 21093 0 0 1 0 0001460752 NEA Partners 13, Limited Partnership 1954 GREENSPRING DRIVE SUITE 600 TIMONIUM MD 21093 0 0 1 0 0001277631 BASKETT FOREST 1954 GREENSPRING DRIVE SUITE 600 TIMONIUM MD 21093 0 0 1 0 0001235112 KERINS PATRICK J 1954 GREENSPRING DRIVE SUITE 600 TIMONIUM MD 21093 0 0 1 0 0001219871 MOTT DAVID M 1954 GREENSPRING DRIVE SUITE 600 TIMONIUM MD 21093 0 0 1 0 0001237289 SANDELL SCOTT D 1954 GREENSPRING DRIVE SUITE 600 TIMONIUM MD 21093 0 0 1 0 Class A Common Stock 2019-12-17 4 C 0 6086620 A 6086620 D Class A Common Stock 2019-12-17 4 C 0 1837275 A 7923895 D Class A Common Stock 2019-12-17 4 C 0 832126 A 8756021 D Class A Common Stock 2019-12-17 4 C 0 268679 A 9024700 D Series B Convertible Preferred Stock 2019-12-17 4 C 0 6086620 D Class A Common Stock 6086620 0 D Series B-1 Convertible Preferred Stock 2019-12-17 4 C 0 1837275 D Class A Common Stock 1837275 0 D Series C Convertible Preferred Stock 2019-12-17 4 C 0 832126 D Class A Common Stock 832126 0 D Series D Convertible Preferred Stock 2019-12-17 4 C 0 268679 D Class A Common Stock 268679 0 D The shares of Series B Convertible Preferred Stock, Series B-1 Convertible Preferred Stock, Series C Convertible Preferred Stock and Series D Convertible Preferred Stock (collectively, "Preferred Stock") automatically converted into shares of the Issuer's common stock on a one-for-one basis, upon the closing of the Issuer's initial public offering. The Preferred Stock had no expiration date. The securities are directly held by New Enterprise Associates 13, L.P. ("NEA 13") and are indirectly held by NEA Partners 13, L.P. ("NEA Partners 13"), the sole general partner of NEA 13, NEA 13 GP, LTD ("NEA 13 LTD"), the sole general partner of NEA Partners 13 and each of the individual directors of NEA 13 LTD (NEA Partners 13, NEA 13 LTD and the individual directors of NEA 13 LTD (collectively, the "Directors") together, the "Indirect Reporting Persons"). The Directors of NEA 13 LTD are Peter J. Barris, Forest Baskett, Patrick J. Kerins, David M. Mott and Scott D. Sandell. The Indirect Reporting Persons disclaim beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the NEA 13 securities in which the Indirect Reporting Persons have no pecuniary interest. /s/ Sasha Keough, attorney-in-fact 2019-12-18