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Rackspace Technology Receives Silver Award from UK Armed Forces Covenant

1. Rackspace Technology received the UK Armed Forces Covenant Silver Award. 2. The recognition highlights exceptional support for veterans and military families. 3. Policies include paid leave for reservists and active veteran recruitment. 4. Visible leadership commitment to the Armed Forces Covenant is emphasized. 5. Rackspace Technology continues to enhance its employee policies and community support.

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Why Bullish?

The award signifies strong corporate social responsibility, reflecting positively on reputation. Historical examples show recognition boosts investor confidence, positively impacting stock prices.

How important is it?

This recognition can improve Rackspace's brand perception, possibly leading to increased sales and partnerships, thereby supporting stock price.

Why Short Term?

Immediate investor interest may rise due to public recognition. Similar past awards have led to short-term gains in stock performance.

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LONDON, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading provider of end-to-end hybrid and AI technology solutions, today announced it has received the UK Armed Forces Covenant’s Defence Employer Recognition Scheme (ERS) Silver Award recognizing employers who have shown exceptional support to the armed forces community including reservists, veterans and military families. Employers recognized have gone beyond the UK Armed Forces Covenant commitments to embed supportive employee policies, promote defence values, and advocate for service personnel in the civilian workforce with policies that include: Paid leave for reservist training and mobilisationActive veteran recruitment and retention policiesFlexible support for military familiesVisible leadership endorsement of the Armed Forces Covenant “Rackspace Technology is proud to support those who serve or have served in the Armed Forces and their families,” said Victoria Driscoll Senior Director, Professional Services Delivery Rackspace Technology. “We are committed to ensuring our employee policies support active reservists, veterans and their families.” About Rackspace Technology     Rackspace Technology is a leading end-to-end hybrid cloud and AI solutions company. We can design, build, and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products, and adopt innovative technologies.      "Disclaimer - This press release contains information that is believed to be accurate as of the date of publication. Rackspace Technology® makes no representations or warranties, express or implied, regarding the completeness or accuracy of the information contained herein. The company reserves the right to update or modify this information without prior notice. References to third-party organizations, awards, or programs are provided for informational purposes only and do not constitute an endorsement by those organizations of Rackspace Technology's products or services. All trademarks, service marks, and company names mentioned are the property of their respective owners." Media Contact: Cheryl Amerine, publicrelations@rackspace.com     A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a965d4e0-d59a-4d26-ab81-73f4f0c8d95a Rackspace Technology Receives Silver Award from UK Armed Forces Covenant Rackspace Technology received the UK Armed Forces Covenant’s Defence Employer Recognition Scheme (ER...

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