Fastly Announces Launch of Follow-on Public Offering

SAN FRANCISCO, May 18, 2020 – Fastly, Inc. (“Fastly”), provider of an edge cloud platform, today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed follow-on public offering of 6,000,000 shares of its Class A common stock. In addition, Fastly intends to grant the underwriters a 30-day option to purchase up to 900,000 additional shares of Class A common stock.

Morgan Stanley, Citigroup, BofA Securities and Credit Suisse are acting as joint book-running managers for the proposed offering. William Blair, Raymond James, Baird, Oppenheimer & Co., Stifel, Craig-Hallum Capital Group and D.A. Davidson & Co. are acting as co-managers for the offering.

The proposed offering is being made only by means of a prospectus. Copies of the preliminary prospectus, when available, may be obtained from: Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014; Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by telephone at (800) 831-9146; BofA Securities, Attention: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte, NC 28255-0001 or by email at dg.prospectus_requests@bofa.com; or Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, Eleven Madison Avenue, 3rd floor, New York, NY 10010, or by telephone at (800) 221-1037, or by email at usa.prospectus@credit-suisse.com.