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On June 27, 2023 MongoDB (NASDAQ:) and Mark Porter, the Company’s Chief Technology Officer, determined that Mr. Porter will step down from the Company, effective July 3, 2023.

The Company expects to enter into a separation agreement with Mr. Porter that provides for a general release and waiver of claims against the Company, and pursuant to which Mr. Porter will receive severance benefits, the terms of which will be consistent with Mr. Porter’s Amended and Restated Offer Letter dated December 21, 2021.

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