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Q1/2016

SECURITY FROM THE INSIDE OUT

DELIVERED BY THE WORLD'S BEST

INTERNAL SEGMENTATION FIREWALL

Security Without Compromise

Fortinet

FoundedBegan GlobalSalesFortiManagerFortiOS 3.0FortiOS 4.0FortiWiFiFortiAPFortiOS 5.0 & SoC21 st

40GbE Port

Security

Appliance

FortiASIC NP6

FortiSandboxFortiGate &

FortiOS 1.0

1 st

FortiASIC

Content Processor

Named WW

UTM Leader

FG-5000

(ATCA)1 st

FortiASIC

Network Processor

1 st

FortiASIC

System-on-a-Chip

IPO

1M Units

Shipped

2M Units

ShippedNew HQInternal

Segmentation

Firewall

Acquired

Meru

Networks1 Tbps Firewall

FortiOS 2.0

1 st

100GbE Port

Security

Appliance

$16M ~$1.2B

20032015

CASH $2M ~$1B

20022015

REVENUE

CAGR 60%

Founded: Nov. 2000

First Product Release: May 2002

Fortinet IPO: Nov. 2009

NASDAQ: FTNT

Headquarters:

Sunnyvale, California

Number of Employees: 4,100+

FY 2015 Revenue: $1.009 B

Q4 2015 Revenue: $297M

Q4 2015 Billings: $381M

$1.16B cash and no debt

Protable

Units Shipped to Date:

2,300,000+

Customers: 265,000+

Patents:

278 patents issued

236 patents pending

$350 $40045% 40%
35%
30%
25%
20% 15% 10% 5% 0 Q3 2013Q4 2013Q1 2014Q2 2014Q3 2014Q4 2014Q3 2015Q4 2015Q1 2015 $300 $250 $200 $150 $100 $50 0

BILLINGS

BILLINGS

BILLINGS

BILLINGS

BILLINGS

BILLINGS

BILLINGS

BILLINGS

BILLINGS

Q2 2015

BILLINGS

BILLINGS ($M)

YoY GROWTH

YoY GROWTH (%)

Fortinet's mission is to deliver the most innovative, highest performing network security platform to secure and simplify your IT infrastructure. We are a leading global provider of network security appliances for carriers, data centers, enterprises and distributed ofces. 2 * FortiGate Billings Data

Operations

2%G&A 6%

Service

& Support

16%Sales &

Marketing

45%
R&D 30%

Americas

41%
EMEA

39%APAC

20%

High-End

Appliances

42%

Large enterprises &

telcos/service providers

Entry-Level

Appliances

32%

SMBs, branch

ofces and retail

Mid-Range

Appliances

26%

Enterprises

Americas

64%EMEA

24%APAC

12%

EMPLOYEES

by Function

EMPLOYEE

COST by Region

REVENUE

by Region

FortiGate

Segmentation

12% 10% 8% 6% 4% 2% 0%

2013 Q32013 Q42014 Q12014 Q2

Source: Infonetics Research “Data Center Security Products" Nov. 2014 25
20 15 10 5 0

20142018

$32.4B $23.5B

Network Security & WLAN Market

Source:

IDC Worldwide IT Security Products Forecast, 2015-2019 IDC Worldwide Enterprise WLAN 2014-2018 Dec2014, 2019 gure calculated fro m report CAGR IDC Worldwide Endpoint Security Forecast, 2015-2019: The Inuence of Sp ecialized Threat Detection 3035

MessagingEnterprise

EndpointWeb SecurityEnterprise

WLAN

Network

Security

ATP Source: IDC Worldwide Security Appliances Tracker, March 2015 (based on annual unit shipments)

2011201220132014

500,000

400,000

300,000

200,000

100,000

Check Point

Palo Alto Networks

Juniper NetworksCisco

Gaining Share in a Growing Market

And now the second-largest Data Center Firewall vendor according to Infonetics.Fortinet is a major player in the fastest growing market segment Fortinet is the largest network security appliance vendor (units) and growing quickly, according to IDC...

Seamless - Complexity is the Enemy of Security

FortiGuard Threat Intelligence & Services

FortiGate

Client

SecurityCloud

SecuritySecure

AccessNetwork

SegmentationApplication

Security

USERS

NETWORKDATA CENTER

Endpoints

FortiGate

FortiManagerFortiAnalyzer

FortiGate VMX

FortiGate for AWS

Security Without Compromise

Requirement - Cybersecurity Platform

Delivered by FortiOS and Single Pane of Glass Management 4 (IPsec)(SSL)

Requirement - Parallel Path Processing

Delivered by FortiASIC

Powerful

- Slow is Broken

Intelligent

- Today"s Security is Borderless

Requirement - Global Threat Intelligence and

Internal Network Segmentation

Delivered by FortiGuard and ISFW

Security Without Compromise

FortiGuard

Labs

FortiGuard

ServicesFortiGuard

Sensors

based on Intel E5 -2640 V2 (8 Core 2Ghz) 5

Next Gen IPS FortiGate 1500D

100%

Average

$600

$500 $400 $300 $200 $100 $0

90%
80%
70%
60%
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