2021 INVESTOR DAY Transforming for Growth Generating the Fuel
GAGAN SINGH CHIEF PRODUCT OFFICER
Copyright © 2021 NortonLifeLock Inc. All rights reserved. CONNECTIONSCONNECTIONS Consumer behavior is driving TOTO INTERNETINTERNET
Smart TV Smart demand for our products speaker Watch streaming news Text Online shopping messages
Home Security 350 Million Cam 92% Smart scale Connected News on workout smart were victims of a of consumers have speaker cybercrime in the last year some concern about (across 10 countries) data privacy ACTIVITIES Check social media Coffee & post OF THE DAY shop updates wifi Connected Over 2 in 5 84% Thermostat coffeemaker
Navigation victims lost money want to do more to protect Mobile and calls banking in car to cybercrime personal information
Calls from Email on work Refrigerator Tablet smartphone Mobile computer payment $27 Billion+ for lunch
Public Automobile lost to cybercrime in 2019 wifi
Computer
Source: Harris Poll (2019), NortonLifeLock Internet Security Threat Report (March 2020) Copyright © 2021 NortonLifeLock Inc. All rights reserved. 2 Increasing vulnerabilities are driving demand for new products
Malware Phishing Worms Insider threat Security
Data Ransomware breaches Botnets Credential stuffing
Privacy
Encryption DDoS Identity theft Cryptojacking vulnerabilities
Web-based Exploitable Identity attacks vulnerabilities in computer processors
Copyright © 2021 NortonLifeLock Inc. All rights reserved. 3 NortonLifeLock provides comprehensive solutions
Norton 360 Deluxe Norton 360 for Gamers Avira Home Guard Security Norton Family Avira Prime BullGuard Internet Security
Norton Utilities Premium Avira Internet Security
Privacy Norton Secure VPN Avira Phantom VPN Norton Privacy Monitor Assistant BullGuard VPN
SurfEasy VPN
Identity LifeLock Ultimate Plus LifeLock With Norton Defender Preferred LifeLock Dark Web Monitoring BullGuard Identity Protection
LifeLock Identity Advisor
Copyright © 2021 NortonLifeLock Inc. All rights reserved. 4 Award-winning across multiple categories Awards
Security
Top Product Best AV Protection Best Performance Best for Android Editors’ Choice Best Choice Test Winner Norton 360 Norton Security1 Norton Security1 Norton Mobile Norton Security3 Norton 360 Deluxe4 Norton 360 Deluxe4 1000+ Security2 Privacy Patents
Top Product Best Protection Real World Protection Top Award Excellent Best Protection Test Winner Avira Antivirus Pro Avira Prime Avira Antivirus Pro Avira Prime Avira Internet Security Avira Antivirus Pro Avira Internet Security
Identity LifeLock was recognized as a U.S. leader with the JAVELIN Identity Protection Service Provider Award in 2019
1. AV-TEST, Best Protection 2019 and Best Performance 2019 Awards for Norton Security, March 2020. Norton 360 embeds the same award- winning Norton Security device protection. 2. AV-TEST, "Best Android Security 2019 Award" for Norton Mobile Security, March 2020. 3. A trademark of Ziff Davis, LLC. Used under license. Reprinted with permission. © 2020 Ziff Davis, LLC. All Rights Reserved. 4. Norton360 Deluxe was tested. Copyright © 2021 NortonLifeLock Inc. All rights reserved. 5 Security
Copyright © 2021 NortonLifeLock Inc. All rights reserved. Security extends beyond the Endpoint
icon icon
ENDPOINT GATEWAY EDGE
Copyright © 2021 NortonLifeLock Inc. All rights reserved. 7 Award-winning endpoint security
Anti-Malware Protection Browser Protection Download Protection Advanced Exploits Protection Emulation Anti-Phishing System Hardening Web Isolation Behavioral Protection Online Banking Protection Smart Firewall Online Backup Anti-Spam Remediation Intrusion Protection System
Other names may be trademarks of their respective owners. Copyright © 2021 NortonLifeLock Inc. All rights reserved. 8 Copyright © 2021 NortonLifeLock Inc. All rights reserved. Evolving gateway protection
Build on partnership with TP-Link Integrate Norton Edge Enhance capability capability into Gateway with Framework
Copyright © 2021 NortonLifeLock Inc. All rights reserved. 9 Network edge solutions in development
Comprehensive Built directly into the network-based security network backbone
Truly frictionless Protection for all traffic, agnostic of consumer experience device type, platform, and OS
Copyright © 2021 NortonLifeLock Inc. All rights reserved. 10 Identity
Copyright © 2021 NortonLifeLock Inc. All rights reserved. Delivering protection consumers want
PREVENT MONITOR DETECT RESTORE
YOUR
Social Identity Home Money Public Identity Accounts, Health Credit Family Passwords
Copyright © 2021 NortonLifeLock Inc. All rights reserved. 12 And new features to address changing consumer behaviors
Social Media Monitoring Recurring Charge Alerts Password Combination Mobile Phone Monitoring
Copyright © 2021 NortonLifeLock Inc. All rights reserved. 13 $ eCommerce
Copyright © 2021 NortonLifeLock Inc. All rights reserved. $ We’ve also developed an integrated in-house eCommerce platform to optimize business performance
STRATEGIC ADVANTAGES
Faster time Higher Increased More revenue Improved Better to market conversion security per user customer retention rate satisfaction rates
Integrated end-to-end cx Higher billing success rate Data ownership and insights Fast response times Customized experiences Quick resource mobilization Agile testing/optimization Lower cost
Copyright © 20212021 NortonLifeLock NortonLifeLock Inc. Inc. All All rights rights reserved. reserved. 15 Norton 360
Copyright © 2021 NortonLifeLock Inc. All rights reserved. It all comes together with Norton 360 2 1 Memberships Industry first 3 Integrated platform
Copyright © 2021. NortonLifeLock Inc. All rights reserved. 17 Innovation
Copyright © 2021 NortonLifeLock Inc. All rights reserved. Continuing to evolve our product lineup
Device Security ID Theft Parental
Credit Score Privacy Secure VPN
PW Manager Cloud Backup PAST
PRESENT
FUTURE
Copyright © 2021 NortonLifeLock NortonLifeLock Inc. Inc. All All rights rights reserved. reserved. 19 TECHNOLOGY Integrating MARKET COVERAGE & INNOVATION technology Complementary Core Geographic Security acquisitions Reach Technologies Freemium Gateway Model + Solutions
Small PC Business Utilities Solutions
BullGuard Gaming Accelerator
Copyright © 2021 NortonLifeLock Inc. All rights reserved. 20 Accelerating pace of new product introductions
Norton 360 Norton 360 with LifeLock LifeLock Dark Web Monitoring 2 LifeLock Acquisition 2 (multiple countries) 8 Norton Core SurfEasy VPN
2015 2016 2017 2018 2019 2020
Norton Security Norton Secure VPN LifeLock Identity Advisor (multiple countries) Norton Antivirus Norton Utilities Premium Norton Secure VPN Multi-Device 2 Norton 360 for Gamers 5 LifeLock Dark Web Monitoring (add’tl countries) LifeLock Privacy Monitor Assistant
Copyright © 2021 NortonLifeLock Inc. All rights reserved. 21 Rapid innovation
Android 3.4.6 12/15 VPN Legacy Product Update iOS 3.4.6 12/7 QUALITY OF SERVICE • Speed (+90% throughput) Jan 6 – Point release – Windows 4.0 additional expansion • Connectivity (+60%) 12/1 • Stability (2x) • App Ratings (3.9 → 4.1) iOS 3.4.4 11/17 Dec 17 – Point release – expanded availability Mac 10/27 Oct 28 – Launch Android 3.4.3 Subscription Offering 9/21 AWS Phase1 Sept 8 – Launch 9/15 Single Use Offering iOS 3.4.3 9/14 Android 3.4.2 July 28 – New Product iOS 3.4.2 8/31 Go-Forward Decision 8/31 June 18 – Beta II
June 4 – Beta I New Product Introduction: LifeLock Privacy Monitor Assistant™ PILOT TO LAUNCH IN UNDER 3 MONTHS
Copyright © 20212021 NortonLifeLock NortonLifeLock Inc. Inc. All All rights rights reserved. reserved. 22 PRODUCT
Industry Innovation Accelerating Simple for Leadership Pace Consumers
Copyright © 20212021 NortonLifeLock NortonLifeLock Inc. Inc. All All rights rights reserved. reserved. 23 Forward-looking statements
This presentation contains statements which may be considered forward-looking within the meaning of the U.S. federal securities laws. In some cases, you can identify these forward-looking statements by the use of terms such as “expect,” “will,” “continue,” or similar expressions, and variations or negatives of these words, but the absence of these words does not mean that a statement is not forward-looking. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including, but not limited to: expectations relating to future Company performance, revenue growth, EPS and customer count; statements related to the acquisition of Avira and NortonLifeLock’s products and services and growth strategies; any other statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. These statements are subject to known and unknown risks, uncertain ties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied in this supplemental information. Such risk factors include, but are not limited to, those related to: the current and future impact of the COVID-19 pandemic on the Company’s business and industry; the effect of the sale of substantially all of the Enterprise Security assets on NortonLifeLock’s retained businesses and products; retention of executive leadership team members; difficulties in improving sales and product development during leadership transitions; difficulties in executing the operating model for the consumer cyber safety business; lower than anticipated returns from the Company's investments in direct customer acquisition; difficulties and delays in reducing run rate expenses and monetizing underutilized assets; general business and economic conditions; matters arising out of our completed Audit Committee investigation and the ongoing U.S. Securities and Exchange Commission investigation; fluctuations and volatility in NortonLifeLock’s stock price; the ability of NortonLifeLock to successfully execute strategic plans; the ability to maintain customer and partner relationships; the ability of NortonLifeLock to achieve its cost and operating efficiency goals; the anticipated growth of certain market segments; NortonLifeLock’s sales and business strategy; fluctuations in tax rates and foreign currency exchange rates; the timing and market acceptance of new product releases and upgrades; and the successful development of new products and the degree to which these products gain market acceptance. Additional information concerning these and other risk factors is contained in the Risk Factors sections of NortonLifeLock’s most recent reports on Form 10-K and Form 10-Q. NortonLifeLock assumes no obligation, and does not intend, to update these forward-looking statements as a result of future events or developments.
Copyright © 2021 NortonLifeLock Inc. All rights reserved. 24