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Strong Growth in Annual Billings and Profitability <br />Source: Fortinet estimates based on recent <br />analyst research. 2026 opportunity shown. <br />Source: IDC Worldwide Security Appliance Tracker, February 2022 (based on unit shipments of Firewall, UTM, and VPN appliances) <br />Technological Leadership <br />Nearly 3X more patents than comparable Network <br />Security companies <br />A Large and Growing Total Available Market <br />Total Addressable market <br />of $138B in 2022 growing <br />to $199B by 2026 <br />Source: US Patent Office, As of June 30, 2022 <br />The Most Deployed Network Security Solution <br />Over One-Third of All Firewall Shipments <br />BILLINGS GAAP OPERATING MARGIN <br />Q2 2022 <br />REVENUE BY REGION <br />Q2 2022 <br />BILLINGS BY SEGMENT <br />Highly Diversified Across Regions and Segments <br />US Patents925 U.S. Patents <br />354 International Patents <br />(247 Pending Patents) <br />1279 <br />Global Patents <br />0.0% <br />5.0% <br />10.0% <br />15.0% <br />20.0% <br />25.0% <br />30.0% <br />35.0% <br />40.0% <br />2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 <br />FY 2021 Results <br />Revenue: <br />$3.34 B <br />Billings: <br />$4.18 B <br />Q2 2022 Results <br />Revenue: <br />$1.030 B <br />Billings: <br />$1.304 B <br />Op. Margin <br />(GAAP): <br />19.0% <br />EPS (GAAP): <br />$0.21/share <br />Cash + <br />Investments: <br />$1.943 B <br />Market Cap: <br />$44.6 B <br />(As of June 30, 2022) <br />Customers <br />595,000+ <br />Cumulative Units <br />Shipped <br />8.8+ Million <br />Headcount By Region <br />AMERICAS <br />US 3,413 <br />CANADA 2,162 <br />REST OF AMERICAS 784 <br />EMEA <br />FRANCE 468 <br />UK 382 <br />REST OF EMEA 1,939 <br />APAC <br />INDIA 585 <br />JAPAN 513 <br />REST OF APAC 1,262 <br />TOTAL 11,508 <br />ALL INFORMATION AS OF JUNE 30, 2022 <br />2