Ken XieCEO & Founder

2© Fortinet Inc. All Rights Reserved.

Organic Innovation Is a Key Competitive Advantage

Consistently Growing Faster Than The Market

CAGR 45%

$3.1B

20202003

$2M

BILLINGS

3© Fortinet Inc. All Rights Reserved.

More Than Half A Million Organizations & Governments Look to Fortinet for Protection

100,000+125,000+

200,000+

300,000+

375,000+

500,000+

2010 2012 2014 2016 2018 2020

4© Fortinet Inc. All Rights Reserved.

Excellent Shareholder Value and Return

2 YEAR 5 YEAR Since IPO

FTNT Rank 1st 1st 1st

FTNT 111% 377% 2276%

CHKP 29% 63% 301%

PANW 89% 102% 746%

5© Fortinet Inc. All Rights Reserved.

Broadest Portfolio of Solutions End-To-End

Users & Devices Security ApplicationsNetworks

6© Fortinet Inc. All Rights Reserved.

We Lead The Industry In InnovationGreater than 2x As Many U.S. Patents(1) Issued As Our Competitors

673

258

206

88

0 100 200 300 400 500 600 700

Fortinet

Palo Alto Networks

SonicWall

Check Point

#1 Pure Play FirewallSecurity Innovator

(1) Number of patents issued as listed by the U.S. Patent and Trademark Office as of December 31, 2020. (2) Fortinet’s patent count is on a consolidated basis, and the patent count of competitors is for the parent company only.

673 U.S. Patents(2)

43 Int’l Patents716 Global Patents

7© Fortinet Inc. All Rights Reserved.

Best Business Model and Credit Rating in the Cyber Security Industry

BBB+ Baa1

“The Baa1 rating reflects Fortinet's very good competitive position in the large and growing Network Security market, strong

growth prospects.”

“Fortinet has demonstrated its technology leadership and innovation in network security through a track record of consistent revenue

growth, market share gains”

Built To Last For The Long-Term

8© Fortinet Inc. All Rights Reserved.

Cybersecurity Platform Across Endpoint, Network and Cloud

Cybersecurity Winning Strategies

Convergence of Networking and Security at New Network Edges

Security-driven Networking

Zero Trust Access

Applications continue to move across different Clouds

More users off Network and more Devices IP Enabled

(IoT/OT)

InfrastructureSecurity

9© Fortinet Inc. All Rights Reserved.

Zero Trust Access (ZTA)

Secure Application Access Anytime and Anywhere

IaaS

Internet

SaaS

DCIoT

Users

WFH

Campus

Access Proxy

Context

Use

r and

Dev

ice

Trus

t

Per A

pplic

atio

n

10© Fortinet Inc. All Rights Reserved.

Security-driven Networking

Fortinet Protects All Network Edges - SASE

5G

Operational Technologies

Endpoints

Mobile

Users

IoT

IaaS

Internet

SaaS

DC

Edge Compute

Campus

Branch

Travel

WFH

11© Fortinet Inc. All Rights Reserved.

“The Edge Will Eat The Cloud” – Gartner*Organizations Moving to Adaptive Cloud Security

MAINFRAMESEDGE

TERMINAL

Early 1980’sMid 2000’sEarly 2010’sEarly 2020’s

CLOUD

SERVERS

IMMERSIVE

MOBILE

PCs

*Data provided by Thomas Bittman, Gartner

12© Fortinet Inc. All Rights Reserved.

Fortinet Security FabricBroadvisibility and protection of the entire digital attack surface to better manage risk

Integratedsolution that reduces management complexity and shares threat intelligence

Automated self-healing networks with AI-driven security for fast and efficient operations

Security-DrivenNetworking

Zero TrustAccess

Adaptive Cloud Security

FORTIOS

FortiGuard Threat Intelligence

OpenEcosystem

Fabric ManagementCenter

NOC SOC

02012021

13© Fortinet Inc. All Rights Reserved.

AND MUCH MORE…

SASECloud Edge Security

ZTNAIntegrated Zero Trust Network Access

SD-WANWAN Edge Security

5GSD-BranchIntegrated Wi-Fi 6

Security OperationsSoC as a Service

EndpointExtended Detection and Response (XDR)

Introducing FortiOS 7.0300+ New Features

Threat IntelligenceVideo Filtering

LTE Edge

14© Fortinet Inc. All Rights Reserved.

2020: $65B, Growing 4YR CAGR of 9.7%One Opportunity - TAM $93B+ by 2024

$48B$14B $14B $18B

User/Device Security Security OpsCloud Security

Network Security

NAC IAM

VPN ZTNA

OTNetwork Firewall5G

Web (SASE)

SD-WAN

Wireless

Switching

IDPS

NPMD (NOC)

SEG

CASB

WAF ADC

CWPP

Endpoint

SIEM

Threat Intel

SOAR

Source: Fortinet estimates based on recent Gartner research

15© Fortinet Inc. All Rights Reserved.

Long-term R&D Investment to Support Organic Growth

SunnyvaleUS

BurnabyCanada Ottawa

Canada

ConcordUS

EdinburghScotland

BangaloreIndia

UberlandiaBrazil

HerzliyaIsrael

New Global HQ expected completion in March 2021

16© Fortinet Inc. All Rights Reserved.

Fortinet Corporate Social Responsibility

Business & Innovation

Governance & Ethics

Environment People & Communities

We are committed to creating sustainable, long-term value for all our stakeholders including our employees, customers, partners, shareholders, and society in general.

FOC

US

AR

EAS

• 2M$ COVID-19 donation matching fund

• 950,000+ free self-paced training courses

• 575K+ NSE certifications

• Fortinet Academy: 380+ academies/8,700+ students • WEF Partnership Against

Cybercrime & Cybersecurity Learning Hub

• Product Energy Efficiency: 3X-16X higher than competition

• 716 Issued Patents

• LEED Gold new corporate HQ

• IBM SkillsBuild Program• Fortinet Foundation • Among Top25 Tech companies with the most gender diverse board

CSR

VIS

ION

CO

NC

RET

E IM

PAC

T

17© Fortinet Inc. All Rights Reserved.

Fortinet Security Fabric into new markets like

SASE, ZTNA, Cloud, 5G

in SD-WAN and Security-Driven Networking

FortiOS and NP7

Key Takeaways for 2021

We will continue to expand our platform On track to be #1 Growth in 2021