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**Public Company Information:** **NASDAQ:** **ADSK** SAN RAFAEL, Calif. – (BUSINESS WIRE) – Autodesk, Inc. (NASDAQ: ADSK) has announced that it has reached settlement agreements with Sachem Head Capital Management LP (“Sachem Head”) and Eminence Capital, LP (“Eminence”). As part of these agreements, the company has appointed three new directors to its Board of Directors: Scott Ferguson, Rick Hill, and Jeff Clarke. “We are pleased to welcome Scott, Rick, and Jeff to the board,” said Crawford W. Beveridge, non-executive chairman of Autodesk’s Board of Directors. “They bring a wealth of experience in technology, finance, and corporate governance, which will be invaluable as we continue our strategic transition and focus on delivering long-term value for our shareholders and customers.” Scott Ferguson, managing partner at Sachem Head, will join the Board and serve on the Compensation & Human Resources Committee. Rick Hill, chairman of Tessera Technologies, Inc., will join the Board and serve on the Corporate Governance & Nominating Committee. Jeff Clarke, CEO of Kodak, will also join the Board and serve on the Audit Committee. “I’m excited to be part of Autodesk’s board and see the alignment between the board and shareholders on a clear path forward,” said Ferguson. “I look forward to working closely with the team to help the company reach its full potential.” Ricky Sandler, CEO of Eminence, added, “We’re happy to have reached an agreement with the board and believe the new directors will play a key role in creating value for all shareholders. We remain committed to supporting Autodesk’s transition to the cloud and long-term growth.” The board will now consist of 13 members, but will reduce to 11 following the 2016 annual meeting. The settlement agreements include voting and standstill provisions from both Sachem Head and Eminence. A complete version of the settlement agreements will be filed as an exhibit to a Form 8-K with the SEC. **About Scott Ferguson** Scott Ferguson is Managing Partner and Portfolio Manager at Sachem Head. Before founding the firm, he spent nine years at Pershing Square Capital Management, where he was the first investment professional. He earned his MBA from Harvard Business School and previously worked at American Industrial Partners and McKinsey & Company. He holds a BA in Public Policy from Stanford University and serves on several nonprofit boards. **About Rick Hill** Rick Hill currently chairs the board of Tessera Technologies, Inc., and sits on the boards of Arrow Electronics and Cabot Microelectronics. He led Novellus Systems as CEO until its $3 billion acquisition by Lam Research. With over two decades of leadership experience, he has driven significant revenue growth and operational success. **About Jeff Clarke** Jeff Clarke is CEO of Kodak and has held executive roles at companies like CA, HP, and Compaq. He also served as Chairman of Orbitz Worldwide and Travelport. He holds an MBA from Northeastern University and a BA in Economics from SUNY Geneseo. **About Autodesk** Autodesk empowers creators, engineers, and innovators worldwide to design and build a better future. From architecture to digital art, its software helps solve complex challenges. Learn more at [autodesk.com](https://www.autodesk.com). **Safe Harbor Statement** This press release includes forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could lead to results differing from expectations, including changes in leadership, business model transitions, market conditions, and other factors. For more details, refer to Autodesk’s SEC filings. **Trademarks & Disclaimer** Autodesk is a registered trademark. All other trademarks belong to their respective owners. Autodesk reserves the right to change product details without notice. **© 2016 Autodesk, Inc. All rights reserved.** **Contact:** Autodesk, Inc. Noah Cole, 415-580-3535 noah.cole@autodesk.com

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