Pure Storage Prices Initial Public Offering

MOUNTAIN VIEW, CA – October 6, 2015 – Pure Storage (NYSE: PSTG) today announced the pricing of its initial public offering of 25,000,000 shares of its Class A common stock at a price to the public of $17.00 per share. In addition, Pure Storage has granted the underwriters a 30-day option to purchase up to an additional 3,750,000 shares of Class A common stock. The shares are expected to begin trading on the New York Stock Exchange on October 7, 2015 under the symbol "PSTG".

Morgan Stanley and Goldman, Sachs & Co. are acting as lead book-running managers for the proposed offering. Barclays, Allen & Company LLC and BofA Merrill Lynch will act as book-running managers, and Pacific Crest Securities, a division of KeyBanc Capital Markets, Stifel, Raymond James and Evercore ISI will act as co-managers.

The offering is being made only by means of a prospectus. A copy of the final prospectus, when available, may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, Second Floor, New York, New York 10014, or Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, New York 10282, by telephone at 1-866-471-2526, or by email at prospectus-ny@ny.email.gs.com.

A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Contact

Andy Connor – IR contact, Pure Storage
Tel: (650) 243-0481
IR@purestorage.com

Amy Cronk – media contact, Pure Storage
Tel: (650) 468-4724
pr@purestorage.com

John Gallagher – media contact, Brunswick Group
Tel: (415) 316-8060
purestorage@brunswickgroup.com