Fitbit, Inc. (NYSE:FIT), the leader in the connected health and fitness market, today announced the closing of its initial public offering of Class A common stock and the full exercise of the underwriters’ option to purchase 5,486,250 additional shares. Fitbit sold 22,387,500 shares and the selling stockholders sold 19,673,750 shares, including the shares sold upon exercise of the underwriters’ option to purchase additional shares, for a total of $841.2 million in aggregate gross proceeds to Fitbit and the selling stockholders. The shares began trading on the New York Stock Exchange on June 18, 2015 under the symbol “FIT.”

Morgan Stanley, Deutsche Bank Securities, and BofA Merrill Lynch acted as active joint book-running managers for the offering. Barclays and SunTrust Robinson Humphrey acted as passive joint book-running managers and Piper Jaffray, Raymond James, Stifel, and William Blair acted as co-managers.

The offering was made only by means of a prospectus. A copy of the final prospectus may be obtained from Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attn: Prospectus Department; or from Deutsche Bank Securities Inc., 60 Wall Street, New York, NY 10005, Attn: Prospectus Department, by telephone at (800) 503-4611, or by email at prospectus.cpdg@db.com; or from BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attn: Prospectus Department, or by email at dg.prospectus_requests@baml.com.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on June 17, 2015. 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.

InvestorsThe BlueShirt GroupPeter Salkowskiinvestor@fitbit.comorPressFitbit, Inc.Jen Ralls, 1-213-926-1734pr@fitbit.com

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