Proposed Private Offering Announced by Planet Labs

Intends to Offer $300 Million of Convertible Senior Notes Due 2030

Planet Labs PBC has announced its intention to offer, subject to market conditions and other factors, $300 million aggregate principal amount of Convertible Senior Notes due 2030 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A promulgated under the Securities …