Desktop Metal, Inc. Adopts Limited Duration Shareholder Rights Plan

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May 30, 2023

The Board of Directors of Desktop Metal, Inc.(NYSE: DM) (“Desktop Metal” or the “Company”) announced that it adopted a limited duration shareholder rights plan on May 26, 2023, which is scheduled to expire on the earlier of (i) July 24, 2024 and (ii) the effective date of the merger announced yesterday contemplated between the Company and Stratasys Ltd. (Nasdaq: SSYS) (“Stratasys”).