100 Winchester Circle Los Gatos, CA 95032 Netflix Ecosystem Phone: (408) 540-3700 www.netflix.com

Outside Relationships (a Corporation) Outside Relationships Netflix Securities Regulation Regulators Capital Suppliers Customers and Stock Exchange Customers Suppliers Capital Regulators Debt Structure Equity Structure Listing Rules Public Debt Bond Financing Holders Debt ( $16.31 Billion as of December 31, 2020) | Credit Ratings: S&P (BB+), Moody’s (Ba3) Equity Securities Common Stock Regulators $750 Million Revolving Credit Facility (Matures 2024) 2021 Senior Notes ($500 Million) 2025 Senior Notes ($800 Million) 2027 Senior Notes ($1.588 Billion) Common Stock Repurchase Plan Preferred Stock Common Stock Repurchases Significant Authorized: $5 Billion Authorized: 10,000,000 Authorized: 4,990,000,000 Shareholders Deposit Accounts with Black-Owned Financial Institutions 2022 Senior Notes ($700 Million) 2025 Senior Notes ($500 Million) 2028 Senior Notes ($1.600 Billion) US Securities Balance Available: $5 Billion Issued: None Issued: 442,895,261 Revolving Credit Financing Equity Capital and Exchange Commercial Black Economic Development Initiative Hope Credit Union 2024 Senior Notes ($400 Million) 2026 Senior Notes ($1.00 Billion) 2028 Senior Notes ($1.900 Billion) Expiration: None Record Holders: None Record Holders: 1,977 The Vanguard Commission Banks (Lead Group, Inc. Subjects of Bank: Goldman Communication (7.06%) General Sachs, JPMorgan Equipment and Corporate Functions Product Content Professional The NASDAQ Business Chase Bank, Wells Governance Capital Server Business Development Services Firms Global Select Regulation Fargo, and Board of Directors Communications Content Acquisition Corporate Management & Deutsche Bank) Components Market Richard Barton (A) Reed Hastings (A) Research Committees: Customer Service Client & UI Engineering Ernst & Young (Listing and Suppliers Content Legal Matters Company Internet Rodolphe Belmer (C) Jay Hoag (N&G) Ted Sarandos Audit (A) (Audit Services) Maintenance Equus Corporate Real Estate, Consumer Insights (6.83%) Compensation (C) Rules) (Chassis) Mathias Döpfner (C) Leslie Kilgore (A) Brad Smith (N&G) Nominating & Workplace, Safety & Creative Content Marketing and Publicity Privacy Laws Core Engineering ELA Advertising Governance (N&G) Security Editorial & Publishing T. Rowe Price Timothy Haley (C) Strive Masiyiwa Anne Sweeney (C) Professional (Advertising Supermicro Creative Production Post-Production Associates, Public Company Data Protection Finance Services) (Motherboards) Management Consumer Products Services Inc.(4.39%) Laws Management Team Data Science & Engineering Accounting Financial Planning & Giant Spoon , Chief Vernā Myers Todd Yellin Oversight Board Intel Reed Hastings Spencer Neumann Analysis Design Creative Marketing (Advertising BlackRock Fund (Processors) Communications Officer VP, Inclusion Strategy VP, Product Production Services & () Web Services Founder, Co-CEO Chief Financial Officer Services) Advisors Legal & Public Policy Partnership Technology Creative Marketing (PCAOB) Greg Peters COO, Bryony Gagan Caitlin Smallwood (4.31%) Micron Ted Sarandos Mark Yurechko, VP, Strategy, Production Intellectual Chief Product Officer VP, Business & Legal Affairs VP, Data & Insights Netflix Technology Services Product Management Monument Property (Memory) Chief Content Officer, Planning & Analysis Production Management Advocacy Fidelity Partner Marketing Committee of Ownership General Business Co-CEO Bozoma Saint John Dean Garfield Mark White Strategy & Analysis Security (Lobbying Services) Research & Sponsoring Regulation Chief Marketing Officer VP, Public Policy VP, Engineering Maria Ferreras, VFX & Virtual Production Management People, Talent & Recruiting Studio Technologies Publicity Organizations Consumer David Hyman Jessica Neal Bill Holmes, VP, Strategy Allison Wright Global Head Of Business SmithDehn Company of the Treadway Protection Chief Legal Officer Chief Talent Officer & Partnerships VP, Talent Development Travel & Transportation Encoding & Streaming Animation Regional Marketing (Film-Related (4.27%) Legal Services) Commission's (COSO) SanDisk Institutional Employment & (Solid State Drive) Labor Operations Ownership 31.62% Chelsio Flash Appliances Online Payment (Network Services Controller) Streaming Services DVDDVDs Services

Foreign Trade & Sanmina Content Delivery DVD Netflix (Chassis) Key Company Data Investment Netflix’s subscription-based streaming service offers online streaming from a collection of movies and television series, including those produced in- Films and TV shows are steamed by Netflix to customers through a complex network in “DVD Netflix” is Netflix’s DVD rental service. DVD house by Netflix. The streaming services are advertisement- and allow consumers to binge-watch content at their own pace. Revenues are which (a) Web Services (AWS) processes customer play requests and stores rentals were a part of Netflix’s initial business model, Through its proprietary Open Connect content delivery HGST encoded of Netflix content for distribution to (b) Netflix’s own and they continue today in limited fashion. DVD rental network, Netflix streams homegrown and licensed TV series, General Data (Hard Drive) primarily derived from monthly fees paid by members each month for content streaming services. of virtual servers in the AWS cloud platform that route encoded files to (c) Netflix open subscriptions are distinct from the streaming services. documentaries and feature films across various genres and Protection Popular TV Series and Movies connect appliances embedded in data centers of internet service providers (ISPs), (d) who Delivery Method languages to customers (via their internet-connected Regulation Mellanox English—Speaking Continents Asia Pacific Latin America ultimately stream the content to Netflix customers via the ISP’s “last mile” networks. (Network Content-Delivery Network devices—TVs, mobile devices, game consoles) in every Controller) The United The United Canada South Korea India Japan Mexico Chile Brazil 1. Order DVD(s) through DVD Netflix’s website region of the world on a subscription basis. Foreign Corrupt States Kingdom Netflix Content Delivery Network (CDN) Amazon Web Services Toshiba Netflix are delivered to customers through Open Before a video gets delivered to a Netflix Share Data Financial Highlights Practices and Orange is the The King: Sacred Games Death Note Roma Mujeres Arriba The Circle (Solid State Drive) The Crown Altered Carbon Connect, the name of Netflix’s content delivery network or subscriber, operations like searching for Anti-Bribery New Black Eternal Brazil 2. DVD(s) arrive 1-3 business days to the customer’s Results of Operations Who Killed CDN. Videos are stored on Open Connect Appliances videos and signing up for the service are Stock Exchange: Monarch Taj Mahal One Piece mailbox. Customers may keep the DVD(s) as long as Laws It’s Always A Series of Sara No Estoy Loca Invisible City housed at internet exchange points or in data centers within handled in the Amazon Web Services NASDAQ Revenues: $24.99B 1989 they want, with no late fees. Stranger Sunny in Unfortunate the networks of internet service providers (ISPs). From (AWS) Cloud. Netflix utilizes data Select Actors & Things Philadelphia Mr. Sunshine Daughter from Streaming ($24.76B or Events Haikyu!! Mi Amigo The Chosen there, content is distributed by operators of cable networks processing, storage capabilities and other 99%) and ($0.24B or Export Controls Directors Bombay Another Ticker Symbol: NFLX Alexis One (e.g., Verizon, AT&T, and ) to Netflix subscribers. services provided by AWS. Elasticity of the 3. Customers return the DVD(s) by placing it back into 0.01%) and Economic Begums Mother 13 Reasons Only Fools and Prison The Garden of Because of the CDN, when a Netflix subscriber presses cloud allows Netflix to add thousands of the prepaid red envelope and in mail Sanctions Will Smith Lost in Space Natalia 3% Share Price: $549.67 US & Canada: ($11.46B), Why Horses Playbook Words La Casa De “play” on a client device or remote control, videos get virtual servers and storage within minutes, (Bright 2) Ghost Stories Valdebenito: El (as of 04/20/21) Latin America (($3.16B), Las Flores streamed to the user more or less instantaneously. making rapid expansion possible. and Asia Pacific ($2.37B) Game Over Especial Pelé 4. Once the post office receives the envelope, Netflix Currency Lana Condor The Social Sweet Home Alice in Fawlty Towers Man House Arrest Selena The Cable Operators/Internet Service Providers ships another from the customer's list. Earnings Per Share: Exchange (To All the Boys I’ve Dilemma Borderland El Nobody’s Cost of Goods Sold: Series Reemplazante Looking Agreements with various cable, satellite and telecommunications operators and other $6.08 (trailing 12 months) Rates Loved Before) internet service providers (ISPs) make Netflix available through television set-top boxes. $15.28B Always Be My Memories of Ginny Weds Club de The Netflix button is available on many remote controls. All Netflix content is stored on Explained Doctor Who Maybe the Alhambra Sunny Terrace House Cuervos Lusers Brotherhood Forward Annual EBITDA: $15.51B Sandra Bullock Acting and Directing Open Connect Appliances that are housed in ISP data centers to reduce the the network Censorship (Bird Box) Services Dividend: None Production Studios and Locations traffic that would otherwise result from distributing content from a single, centralized site. Operating Income: David Slade Corporate Illustration $4.59B Piracy Shepperton Cinespace YCDSMC – WeWork Toho Studio’s Latin American Puerto Varas Office Location Market Capitalization: (Black Mirror: Headquarters Studios in Studios Studio 139 Nesco IT Park soundstages, Headquarters in São Paulo Client 1 Amazon Web $243.4B (as of 4/20/21) Bandersnatch) in Los Gatos, Subscriber’s “Play” Request Income: 2.76B Audio Visual England as Leased in Leased in in Mumbai including Stage in Mexico City Devices Services DVD Service CA Toronto AWS hands over URLs of the part of a deal Paju-si 7 and Stage Rio de Janeiro 2 Resources Financial Condition Media Services Ramin Bahrani closest OCAs to the Client Device (AWS) Customers Leased with Pinewood 10, leased in AWS handles activity related Directive (EU) (The White Tiger) Pinewood Valle de Bravo Property in Los Group New Delhi Tokyo to playback requests (e.g., Film Buffs Employees: 9,400 Total Assets: $39.28B Toronto Samsung Santiago State of Streaming Angeles, CA login authorization, user DVD Netflix (Who value a more Tax Laws Manchester, Studios Studio Leased Tocantins THE AWS history, recommendations, Total Liabilities: Service Leased in Sado Island Acapulco Subscriptions expansive library) Market Capitalization: Entertainment ABQ Studios England in Yeoncheon- Ghaziabad CLOUD billing and customer support). $28.22B Customers Toronto Curitiba $242.06B Media acquired in Winchester, gun Playback Cache DVD Plans Nagoya 3 Application Control Rural Users Total Debt: $16.31B Production Albuquerque, England Martini Film Tijuana Client Devices Standard Plan Premium Plan Individual Faridabad Tocapilla include tablets, Services Services (Broadband speeds Patents: 962 Companies New Mexico Studios Seoul Brasília As soon Belfast, Tokyo laptop and as AWS Determines Collects info not ideal for 521 Applications, 421 Equity: $11.07B Subscribers Leased in required on the Northern Pachuca desktop delivers Open Open One DVD at a time for Two DVDs at a time for streaming) Granted AT&T Inc. Atlanta, GA British Gurugram Goiás computers, the URL video files location of Cash Flow Ireland Yongin-si Kobe Connect Connect upon specific video $7.99 a month (or $9.99 if $11.99 a month (or $14.99 (WarnerMedia) Family Columbia mobile phones, of the Sales of Video Streaming Boulder, Glasgow, cable set top closest Appliances Network receiving a files from Blu-ray) if Blu-ray) Trademarks: 298 From Operations: Walt Disney Co. Subscribers Tepotzotlán Puerto Octay Salvador playback each OCA Subscriptions Colorado Scotland Nova Scotia Paju-si Noida Yokohama boxes, and OCA to (OCAs) $2.43B (The Mandalorian) associated the Client request continuously Offices and remote controls Device, From Investing Comcast Corp. Television used to play the OCA DVD Rental Competitors Production Studios ’s YouTube Streaming Competitors Blim (Mexico) (NBCUniversal & Watchers Netflix movies begins to AWS Steering Services (Online or Physical Stores) Activities: ($0.51B) DreamWorks and televisions serve the A network of Picks the OCA that will Paid Subscribers: Walt Disney Co.’s Disney + (Malaysia) Video (Mexico) shows. Netflix B efficiently serve the files to the Animation) video file servers Redbox (Physical) Sony Entertainment Capital Expenditures: supports 2,200 (via the distributed in New Client Device. Generates and 209 Million Apple’s Apple TV + (Hong Kong) Film in Latino (Mexico) C Network ($0.49B) Young Adults different Client ISP’s Netflix OCAs New various Encoded gives URLs for OCAs to 3D-BlurayRental Gaumont Film Devices (e.g., cable / countries that Files Playback Application Services Company AT&T’s HBOMax Cablevisión (Argentina) are devices Encoded Countries Served: From Financing: iWant TFC (Philippines) Apple , fiber installed in Files deliver Sent (French Film CINE.AR Play (Argentina) Smart TV, network) content to a Through Amazon Instant Video 190 $1.25B Comcast’s Peacock data centers of Then A Conversion/Encoding Studio) B TV (South Korea) Samsung to the Stored Client Device CDN Licenses to Distribute Paramount + Looke (Brazil) Galaxy phones, ISPs that store Netflix creates ~1,200 files for iTunes Marketplace Client all videos and on Each based on the Every Amazon.com, Original Third Party Movie and X-Box Device user’s Night every video to fit each type of Recent Developments (India) OndaMedia (Chile) stream them OCA Client Device Blockbuster at Home Inc. gaming geographic and TV Programming consoles). (U.S. E-Commerce DAZN (England) iQiyi (China) Retina Latina (South America) location No New Debt. Netflix will no longer borrow, ending its and Tech run of debt. Company) New Director. Strive Masiyiwa, chairman and founder of Econet group, appointed to Netflix’s board of Distribution and Open Connect (U.S.-Canadian Film-Making Equipment Software and Engineering directors. Cloud Services Appliance Agreements (OCAs Installed Entertainment Supplies Services Supplies Company) in Data Centers of Networks of ISPs) New 2021 Seasons. Money Heist - Season 5, Sex Education - Season 3, Elite - Season 4, and Stranger Things - Season 4 Entertainment Sony Deal. Netflix and Sony Pictures Entertainment Inc. (U.S. Entertainment sign pay-one U.S. licensing deal for feature films. Company) Decline in Growth. Although Netflix subscriptions grew Third Party IT Cloud Key Cable The CW National RTL Group SA Film Red Digital DPA The Arri BIRD Internet Amazon Web Services Cox Charter Altice USA, Comcast Cable AT&T TV Liberty Global Inc. Deutsche Altice Europe SFR by 4 million in Q1 2021, the rate of growth fell short of Program and Computing Operators / CBS TV Television Broadcasting (German Equipment Cinema Microphones Group FreeBSD NGINX Routing Daemon (Cloud Services for Computing, Communications, Communications, Inc. Communications, (DIRECTV (Anglo-Dutch- Telekom N.V. (French Mobile investor expectations due to consumer fatigue and stiff Studios Multimedia Engineering Services Storage, Databases, Analytics, Internet Service and AT&T TV Set- American Cable Communications Network Company Suppliers (Camera (Danish Microphone (SkyPanel (Operating System) (Web Server) (Routing Intelligence Inc. (US Cable Inc. (US Cable (US Cable LLC () (German Cable (French Cable market competition. © 2020 (The Unicorn) (Riverdale) (Good Girls) Company) Manufacturer) Manufacturer) LED Fixtures) Services Software Proxy) Supplier Video and Transposing) Providers Provider) Provider) Provider) (US Cable Provider) Top Box) Provider) Provider) Provider) Company) www.onepagethinking.net April 2020