Veritas Strategy And Products

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Veritas Strategy and ProductsJohn GannonExecutive Vice President and General Manager, VeritasMatt CainExecutive Vice President and Chief Product Officer, VeritasForward Looking StatementsThis presentation contains statements regarding our projected financial and business results, which may be considered forward‐looking within the meaning of the U.S. federal securities laws, including statements regarding our financial guidance and targets (as acombined company and by business segment); our proposed separation into two publicly traded companies; the projected marketgrowth rates and margin expansion opportunities for the security business and the information management business; statementsregarding our competitive advantages in security and information management; statements with respect to the proposed timing ofthe separation; and statements with respect to proposed capital allocation strategies for both Symantec and Veritas. Thesestatements are subject to known and unknown risks, uncertainties and other factors that may cause our actual results, levels ofactivity, performance or achievements to differ materially from results expressed or implied in this presentation. Such risk factorsinclude those related to: risks related to the separation of the company into the security business and the information managementbusiness; general economic conditions; maintaining customer and partner relationships; the anticipated growth of certain marketsegments, particularly with regard to security and information management; the competitive environment in the industries in whichwe operate; changes to operating systems and product strategy by vendors of operating systems; fluctuations in currency exchangerates; the timing and market acceptance of new product releases and upgrades; the successful development of new products; andthe degree to which these products and businesses gain market acceptance. Actual results may differ materially from thosecontained in the forward‐looking statements in this presentation. We assume no obligation, and do not intend, to update theseforward‐looking statements as a result of future events or developments. Additional information concerning these and other risksfactors is contained in the Risk Factors sections of our Form 10‐K for the year ended March 28, 2014 and our Form 10‐Q for thequarter ended January 2, 2015.Any information regarding pre‐release of Symantec offerings, future updates or other planned modifications is subject to ongoingevaluation by Symantec and therefore subject to change. This information is provided without warranty of any kind, express orimplied. Customers who purchase Symantec offerings should make their purchase decision based upon features that are currentlyavailable.We assume no obligation to update any forward‐looking information contained in this presentation.2VERITAS1

Use of GAAP and Non‐GAAP Financial InformationOur results of operations have undergone significant change due to a series of acquisitions, the impact of stock‐based compensation,impairment charges and other corporate events. To help our readers understand our past financial performance and our futureresults, we supplement the financial results that we provide in accordance with generally accepted accounting principles, or GAAP,with non‐GAAP financial measures. The method we use to produce non‐GAAP results is not computed according to GAAP and maydiffer from the methods used by other companies. Our non‐GAAP results are not meant to be considered in isolation or as asubstitute for comparable GAAP measures and should be read only in conjunction with our consolidated financial statementsprepared in accordance with GAAP.Our management regularly uses our supplemental non‐GAAP financial measures internally to understand, manage and evaluate ourbusiness and make operating decisions. These non‐GAAP measures are among the primary factors management uses in planning forand forecasting future periods. Investors are encouraged to review the reconciliation of our non‐GAAP financial measures to thecomparable GAAP results, which can be found, along with other financial information, on the investor relations’ page of our websiteat www.symantec.com/invest.Reconciliations for our financial results and guidance can be found on Symantec’s investor relations website.3AGENDA1Foundation for Success2Market Dynamics & Opportunity3Product Strategy4VERITAS2

VERITAS FOUNDATION FOR uctLeadershipLoyalCustomersBackup andRecovery 18B CY18 core TAM,growing at a 7% CAGR#1 or #2 in all majorsegmentsGlobal installed baseof 86% of Fortune 500StorageManagementSignificantopportunity inimmediate adjacenciesresulting in 6B inadded TAMFastest‐growingbackup applianceServes the top 10companies in finance,industrials and energyBusiness ContinuityArchiving andeDiscoveryLeader in multipleGartner’s MQ for10 years1. Source: IDC, Gartner and Symantec.5VERITAS STRONG BUSINESS MOMENTUM5%0%(Q1 YoY)(Q3 YoY)REVENUE GROWTH11. Increased featurevelocity & quality2. Higher investment inexpanding marketsAGILE DEVELOPMENT1. Veritas year‐over‐year growth at constant currency.2. Source: IDCVERITAS20%124.0%PBBA MarketCY13 – CY14INTEGRATED APPLIANCES ORGANIZATIONAL PROGRESSGMCPOWW SALESCTOSUPPORTKEY HIRES63

VERITAS FOCUS DRIVING RESULTS20%25%90%12pptsincrease in quotacarrying, dedicatedsales force in FY16sales expense torevenue ratio in linewith industryoverall enterprisesupport customersatisfaction1operating marginexpansion fromQ1FY15 to Q3FY152Focused Sales ForceImproved Sales EfficiencyImproving CSATImproving OMBuilding Momentum1. 90% CSAT score is a weighted monthly average for Q3FY15.2. 1Q15‐3Q15 operating margin expansion at constant currency.7VERITAS FOUNDATIONAL 00011100101101011110000 World Wide Data00011111101101010111010144ZBDATA 0101110101110001Organizationsattempt to managedata with moreinfrastructureINFRASTRUCTURE62%of IT BudgetsLIMITED RESOURCESHETEROGENEOUS WITHOUT HW AGENDAThe opportunityis to continue toinvest/innovateinformationINFORMATION FOCUS50%of organizationsFOUNDATIONAL PORTFOLIOHYBRID‐CLOUD FUTURE8VERITAS4

VERITAS NEXT GENERATION OPPORTUNITIESFRAGMENTATION 125B 1.5%44ZBInfrastructure FocusData FragmentationDataFragmentationOf the TotalDecreased VisibilityIncreased ComplexityComplicated SLA ConsistencyAvailability Challenges2015 BIG DATA MarketBEING DATA DRIVENNEW CHALLENGES 50%“Shortage in 2018.” ‐ McKinseytransformativeIntersection synergy00011UNLOCK01010storage mgmt“Hottest job in 2015.” ‐ LinkedInfootprintTARGET‐RICH DATAMETADATA IN:‐ DATA SCIENTIST ‐ease of ckuparchive69%of dataeDiscoveryUNLOCKING THE 1.5%‘DATA’ JOB MARKETAVAILABILITY & INSIGHT9VERITAS THE MARKET OPPORTUNITYCore Technologies TAM – CY 2013 ( B)Core Technologies TAM – CY 2018 ( B)1.81.33.0 12B4.97.3% CAGR2.01.81.61.0 18B1.71.8Backup and Recovery SoftwareCore Storage ManagementeDiscovery SoftwareAvailability and Clustering SoftwareArchiving SoftwareIntegrated AppliancesSource: IDC, Gartner and Symantec.VERITAS7.12.0105

VERITAS THE MARKET OPPORTUNITYNext Gen Technologies TAM – CY 2018 ( B)Core Technologies TAM – CY 2018 ( B)Next Gen Availability & Insight3.0 18B2.07.11.71.8 Copy Data Management Recovery as a Service Software Defined Storage 6BVeritas is NOT opportunity constrained!2.0Backup and Recovery SoftwareCore Storage ManagementeDiscovery SoftwareAvailability and Clustering SoftwareArchiving SoftwareIntegrated AppliancesSource: IDC, Gartner and Symantec.12VERITAS THE MARKET OPPORTUNITYVeritas TAM – CY 2018 ( B)Next Gen Availability & Insight3.02.0 24B1.8VERITASCopy Data ManagementRecovery as a ServiceSoftware Defined StorageWorkload Automation Continued Growth in Core Markets Positioned for Growth in Adjacent Markets6.01.7Source: IDC, Gartner and Symantec.7.1 2.0Backup and Recovery SoftwareCore Storage ManagementeDiscovery SoftwareAvailability and Clustering SoftwareArchiving SoftwareIntegrated Appliances136

VERITAS WHERE INFORMATION MEETS ACTIONINFORMATION AVAILABILITY-INFORMATION INSIGHT-WHAT YOU NEEDWHEN YOU NEED ITWHEREVER IT RESIDESKNOW WHAT YOU HAVELEVERAGE WHAT YOU KNOWMAKE BETTER DECISIONS14VERITAS LEVERAGING THE CORE PORTFOLIOFOUNDATIONAL:1.FOR CUSTOMERS Core functions for enterprise information management strategy2.FOR VERITAS Core IP that feeds up into advanced, differentiated offeringsBACKUP & RECOVERYSTORAGE MANAGEMENTBUSINESS CONTINUITYDISASTER RECOVERYARCHIVINGeDISCOVERYFILE CLASSIFICATIONINFORMATION AVAILABILITYINFORMATION INSIGHTWHERE YOU NEED IT, WHEN YOU NEED IT,WHEREVER IT RESIDESKNOW WHAT YOU HAVE, LEVERAGE WHAT YOUKNOW, MAKE BETTER DECISIONS15VERITAS7

VERITAS NEXT GENERATION SOLUTIONSiiVeritasVelocityInstant self‐service accessto secured instances ofcopy data with zeroimpact on productionBACKUP & RECOVERYSTORAGE MANAGEMENTVeritas ResiliencyPlatformBusiness continuitysoftware solutionproviding applicationrecovery automationBUSINESS ementSimple cloud‐based toolthat provides a single viewof all the informationacross an organizationDISASTER RECOVERYARCHIVINGArchiving, RecordsManagement, andContent ManagementeDISCOVERYFILE CLASSIFICATIONINFORMATION AVAILABILITYINFORMATION INSIGHTWHERE YOU NEED IT, WHEN YOU NEED IT,WHEREVER IT RESIDESKNOW WHAT YOU HAVE, LEVERAGE WHAT YOUKNOW, MAKE BETTER DECISIONS16VERITAS ARCHITECTURAL DIFFERENTIATIONiiVeritasVelocityVeritas ATION ORCHESTRATIONRetentionManagementINFORMATION FABRICSHARED IPBACKUP & RECOVERYSTORAGE MANAGEMENTBUSINESS CONTINUITYDISASTER RECOVERYARCHIVINGeDISCOVERYFILE CLASSIFICATIONINFORMATION AVAILABILITYINFORMATION INSIGHTWHERE YOU NEED IT, WHEN YOU NEED IT,WHEREVER IT RESIDESKNOW WHAT YOU HAVE, LEVERAGE WHAT YOUKNOW, MAKE BETTER DECISIONS17VERITAS8

VERITAS RESILIENCY PLATFORM AND INFORMATION MAP183.0FY17VERITAS PRODUCT ROADMAPBusiness Continuity &Storage ManagementBackup & Recovery,Integrated Appliances Software DefinedStorage flexibility Cloud First designs Simplicity at scaleQ1Next GenerationAvailability Seamless availabilityacross cloudsNetBackup 7.82.0eDiscovery, Archive,& File Classification Insights from morelocationsEnterprise Vault 12Next GenerationInsight1.7 24B 18B7.16.01.8 2.0 Insights fromNetBackup catalogRetention ManagereDiscovery 9NetBackup 52XX (200TB)Veritas Velocity 1.0Q3NetBackup 5330 Appliance(460TB)HP Helion & SymantecContinuity 1.0Veritas Resiliency Platform1.0FY16Q4InfoScale 7.0Q2NetBackup 7.7/2.7Information Map 1.0Data Insight 5.0Veritas Risk Advisor 7.0BE 15Q1Disaster Recovery Advisor6.4Storage Foundation HA6.2NetBackup Self ServiceeDiscovery 8.1NetBackup 5330 Appliance(229TB)Enterprise Vault 11.0.1AvailabilityInsight19VERITAS9

VERITAS PATH TO GROWTHDIRECT CUSTOMER FEEDBACKPORTFOLIO GROWTH DRIVERSOh, you are like my information broker.You know where it all is so I can finallyget the answers I need.”‐ CIOIT Consulting FirmI’ve been in IT for 25 years and I’ve beenbuying infrastructure since the beginning; butI don’t have a clue of how I’m doing.Delivering on what you’re talking about is agame changer for me.”‐ CIOFreight Services Company Higher MaintenanceRenewal Rates License Monitoringand Compliance DiscountManagement Capacity‐basedPricing Model20VERITAS PRODUCT STRATEGY SUMMARYExpand best‐in‐classFoundational portfolioDeliver next generationAvailability solutionsEnable next generationInsight solutions Expand across backup, storagemanagement, business continuity,archiving and eDiscovery. Focused on managing and movingmission‐critical data in a hybridcloud world. Provide visibility, action, andautomated control across anorganization’s informationlandscape. Deliver capabilities via software,integrated appliances or cloud. Deliver through a coordinatedorchestration architecture. Deliver through an intelligentinformation fabric that integratesour portfolio and third‐partyecosystems.Our Competitive Advantage: Heterogeneity & ScaleMake every byte of data actionable by ensuring availabilityand revealing insights21VERITAS10

VERITAS ACCELERATING GROWTH WITH EXPANDING MARGINSFinancial Strength, Scale,and Momentum12ppt operating margin improvement from 1Q15 to 3Q151 86% of the Fortune 500 as a starting pointProduct Leadership andGaining Market Share#1 or #2 in all major market segments2Cross‐Sell Availability &Insight, Focus on EnterpriseNew Offerings Drive GrowthOpportunities in Adjacencies33% increase in total addressable market (TAM)1. 1Q15‐3Q15 operating margin expansion at constant currency.2. IDC, Gartner, and Symantec.22Q&AQ&AJohn GannonExecutive Vice President and General Manager, VeritasMatt CainExecutive Vice President and Chief Product Officer, Veritas23VERITAS11

VERITAS 1 Veritas Strategy and Products John Gannon Executive Vice President and General Manager, Veritas Matt Cain Executive Vice President and Chief Product Officer, Veritas Forward Looking Statements This presentation contains statements regarding our projected financial and business results, which may be considered forward‐

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