Asking for Your *5-Star* Vote in SMID Software

研报英文原文证据摘录

Asking for Your *5-Star* Vote in SMID Software

USA | Software EquityJuneResearch12, 2026

We are asking for a 5-Star vote in SMID Software (VOTE HERE) as the Extel

II voting period comes to an end. We hope our differentiated research, robust

corporate access, timely earnings previews and debriefs, expert calls, and

industry events have supplemented your investment process. Your support of

Samad Samana and the rest of the Jefferies TMT team is greatly appreciated.

Why Vote 5 Stars for Samad Samana?

High-Quality, Evidence-Based Research (notable examples include SHOP Agentic Commerce•

and TWLO Voice AI Deep Dives)

A Willingness to Make Out of Consensus Calls (ex: ADP Underperform, ZM Outperform)•

C-Level Corporate Access with High Profile Companies (ex: NOW, SHOP, TWLO, HUBS, etc.)•

In-Depth Market Models and Bottoms-Up Company-Specific Models with KPI Analysis•

Timely Earnings Callback Debriefs•

Select Highlighted Research:

Sector View: 2026 Coverage Picks and Predictions

JefData: Data-Powered Insights into NOW, SHOP, TWLO, TOST, HUBS

ADP: The Going Stays Tough--Downgrade to Underperform

TWLO: Moving Up the Stack to Capture the Voice AI Premium

SHOP: OAI Checkout Pullback Represents Opportunity for SHOP + Agentic Commerce Primer

GLBE: Stress Testing 2026 GMV: Robust Growth Achievable

TOST: Merchant Survey Says: Toast Still on Top

NOW: Knowledge Partner Breakfast Recap: NOW Building Out a Winning AI Strategy

Voting instructions:

Step 1: Go to the II website - extelinsights.com/voting/surveys

Step 2: Sign-up/login with your details

Step 3: Find the survey – Under 'Voting' click 'My Ballots', Locate 'All America and Canada Survey

2026 Ballot' and click “Vote Now”

Step 4: Look to the left-hand side of the web page, under 'Voting area', click 'Industry Research

Sectors'