13D Filing: Starboard Value LP and Parexel International Corp (PRXL)

I.

Starboard A GP

(a)

Starboard A GP, as the general partner of Starboard A LP, may be deemed the beneficial owner of the 218,264 Shares owned by Starboard November LLC.

Percentage: Approximately Less than
1%

(b)

1. Sole power to vote or direct vote: 218,264 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 218,264 4. Shared power to dispose or direct the disposition: 0

(c)

Starboard A GP has not entered into any transactions in the Shares during the past sixty days. The transactions in the Shares on behalf of Starboard November LLC during the past sixty days are set forth in Schedule B and are incorporated herein by reference.

J.

Starboard Value LP

(a)

As of the close of business on May 10, 2017, 326,654 Shares were held in the Starboard Value LP Accounts. Starboard Value LP, as the investment manager of Starboard V&O Fund, Starboard C LP, Starboard November LLC, and the Starboard Value LP Accounts and the manager of Starboard S LLC, may be deemed the beneficial owner of the (i) 1,986,177 Shares owned by Starboard V&O Fund, (ii) 222,450 Shares owned by Starboard S LLC, (iii) 123,955 Shares owned by Starboard C LP, (iv) 218,264 Shares owned by Starboard November LLC, and (v) 326,654 Shares held in the Starboard Value LP Accounts.

Percentage: Approximately 5.7%

(b)

1. Sole power to vote or direct vote: 2,877,500 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 2,877,500 4. Shared power to dispose or direct the disposition: 0

(c)

The transactions in the Shares by Starboard Value LP through the Starboard Value LP Accounts and on behalf of each of Starboard V&O Fund, Starboard S LLC, Starboard C LP and Starboard November LLC during the past sixty days are set forth in Schedule B and are incorporated herein by reference.

K.

Starboard Value GP

(a)

Starboard Value GP, as the general partner of Starboard Value LP, may be deemed the beneficial owner of the (i) 1,986,177 Shares owned by Starboard V&O Fund, (ii) 222,450 Shares owned by Starboard S LLC, (iii) 123,955 Shares owned by Starboard C LP, (iv) 218,264 Shares owned by Starboard November LLC and (v) 326,654 Shares held in the Starboard Value LP Accounts.

Percentage: Approximately 5.7%

(b)

1. Sole power to vote or direct vote: 2,877,500 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 2,877,500 4. Shared power to dispose or direct the disposition: 0

(c)

Starboard Value GP has not entered into any transactions in the Shares during the past sixty days. The transactions in the Shares on behalf of each of Starboard V&O Fund, Starboard S LLC, Starboard C LP and Starboard November LLC and through the Starboard Value LP Accounts during the past sixty days are set forth in Schedule B and are incorporated herein by reference.