Symantec investor presentation november 2016 final

1. Defining the Future of Cybersecurity
November 2016
The New

2. FORWARD LOOKING STATEMENTS
This presentation contains statements which may be considered forward-looking within the meaning of the U.S. federal securities laws, including statements regarding Symantec’s financial
guidance, the acquisition of LifeLock and the time frame in which this will occur, Symantec’s financing of the acquisition, and the expected benefits to Symantec, LifeLock, and their respective
customers, stockholders and investors from completing the acquisition, including without limitation expected revenue and subscriber growth, improvements to total addressable market and
value proposition, earnings accretion and cost savings, statements regarding cost reduction, integration and synergy efforts, and the potential benefits to be derived therefrom. These
statements are subject to known and unknown risk's, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from results expressed
or implied in this presentation. Such risk factors include those related to: obtaining required regulatory clearances and LifeLock stockholder approval and the satisfaction of other closing
conditions, the potential impact on the businesses of LifeLock and Symantec due to uncertainties regarding the acquisition; the retention of employees of LifeLock and the ability of Symantec to
successfully integrate LifeLock and to achieve expected benefits; general economic conditions; fluctuations and volatility in Symantec’s stock price; the ability of Symantec to successfully execute
strategic plans; maintaining customer and partner relationships; anticipated growth of certain market segments; fluctuations in tax rates and currency exchange rates; the timing and market
acceptance of new product releases and upgrades; and the successful development of new products and integration of acquired businesses, and the degree to which these products and
businesses gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this presentation. Symantec assumes no obligation, and do
not intend, to update these forward-looking statements or reasons why results might differ as a result of future events or developments. Additional information concerning these and other risk
factors is contained in the Risk Factors section of Symantec’s Form 10-K for the year ended April 1, 2016 and Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2016 and
in the Risk Factors section of LifeLock's Form 10-K for the year ended December 31, 2015 and the Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2016. Any
information regarding pre-release of Symantec offerings, future updates or other planned modifications is subject to ongoing evaluation by Symantec and therefore subject to change. This
information is provided without warranty of any kind, express or implied. Customers who purchase Symantec offerings should make their purchase decision based upon features that are
currently available. We assume no obligation to update any forward‐looking information contained in this presentation.
ADDITIONAL INFORMATION ABOUT THE PROPOSED TRANSACTION
In connection with the proposed transaction, LifeLock will file a proxy statement with the SEC. The definitive proxy statement will be mailed to LifeLock stockholders and will contain important
information about the proposed transaction and related matters. LIFELOCK STOCKHOLDERS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR
SUPPLEMENTS THERETO) CAREFULLY WHEN IT BECOMES AVAILABLE BEFORE MAKING ANY VOTING OR INVESTMENT DECISION WITH RESPECT TO THE PROPOSED TRANSACTION BECAUSE IT
WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND THE PARTIES TO THE PROPOSED TRANSACTION. LifeLock stockholders are advised that they may obtain
free copies of the proxy statement filed by LifeLock with the SEC (when this document becomes available) on the SEC’s website at http://www.sec.gov. In addition, free copies of the proxy
statement may be obtained (when this document becomes available) from LifeLock's website at http://investor.LifeLock.com/ or from LifeLock by written request to Investor Relations, 60 East
Rio Salado Parkway, Suite 400 Tempe, Arizona 85281.
Additionally, LifeLock and Symantec will file other relevant materials in connection with the proposed acquisition of LifeLock by Symantec pursuant to the terms of an Agreement and Plan of
Merger by and among, Symantec, L1116 Merger Sub, Inc., a wholly owned subsidiary of Symantec, and LifeLock Symantec, LifeLock and their respective directors, executive officers and other
members of their management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies of LifeLock stockholders in connection with the proposed merger.
Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of certain of Symantec’s executive officers and directors in the solicitation by
reading Symantec’s most recent Annual Report on Form 10-K, which was filed with the SEC on May 20, 2016 and the proxy statement for Symantec’s 2016 annual meeting of stockholders, which
was filed with the SEC on September 9, 2016. These documents are available free of charge at the SEC’s web site at www.sec.gov or by going to Symantec’s Investor Relations Website at
http://investor.symantec.com. Information concerning the interests of LifeLock's participants in the solicitation, which may, in some cases, be different than those of LifeLock's stockholders
generally, will be set forth in the proxy statement relating to the merger when it becomes available.
Copyright © 2016 Symantec Corporation
2

3. 3
Enterprise SecurityConsumer Security
Digital Safety Platform
• Protecting your information, devices
and identity
• Protecting over 50 million consumers
every day
Integrated Cyber Defense Platform
• Stay ahead of advanced threats
• Secure sensitive information and critical
documents – on premise or in the cloud
• Promote customer confidence with
superior encryption and code signing
Protecting Consumers, Businesses and Governments

4. Threat Landscape Is More Challenging Than Ever
4
Targeted Attacks
on the Rise
Data Is
The New Perimeter
Consumers Need
Reassurance They Are
Safe Online
Online customers
don’t know if they can
trust e-commerce
websites
Don’t have visibility
into attacks on brand
Never Have Enough
Time or Resources
Organizations don’t
know how they are
doing or where to
focus – 96% of alerts
never reviewed
Hard to hire the
right security talent
Large enterprises have
a 38% change of
being targeted
for spear phishing
Average attack goes
undetected for
170 days
Just 31% of breaches
are found by the victim
organization – the rest
are found by a third party,
law enforcement, etc.
With 65% of workloads
in the cloud
(Amazon Web Services,
Salesforce, Box,
Office 365), more of
your data is at risk
Data is increasingly
accessed from outside
the firewall

5. 182M
web attacks
blocked last year
Discovered
430 million
new unique pieces
of malware last year
12,000+
Cloud applications
discovered and
protected
Innovation for the Cloud Generation:
Protecting Against Advanced Threats – Global Intelligence Network
175M
Consumer and Enterprise
endpoints protected
9global threat
response centers with
3000 Researchers and
Engineers
2 Billion
emails scanned per day
1 Billion
previously unseen web
requests scanned daily
Cloud Global Intelligence
Sourced From:
100M
social engineering
scams blocked last
year
1B
malicious emails
stopped last year
5

6. 6
Integrated Cyber Defense Platform
• Stay ahead of advanced threats
• Secure sensitive information and critical documents – on premise or in the cloud
• Promote customer confidence with superior encryption and code signing
Enterprise Security

7. Cloud Generation Security
7
Protection from
Advanced Threats
Securing a Mobile
Workforce
Ensuring Safe
Cloud Usage
Cloud Generation Security

8. 8

9. Web
Blue Coat Proxy-based Secure Web Gateway (SWG)
Critical Network Control Point for Security and Compliance
• Appliance (ProxySG)
• Virtual Appliance (vSWG)
• Web Security Service (WSS)
File Extraction & Orchestration
Services (ATP, DLP)
Powerful, Open Policy Platform
- In Cloud, On Prem, Virtual, AWS
Web Access Governance &
Threat Protection
+ Blue Coat Intelligence Services (BCIS)
or Blue Coat Web Filter (BCWF) subscriptions
PROXY
BCIS
Web Security Service
(WSS)
PROXY
9

10. Secure Web Gateway
ProxySG and Advanced Secure Gateway
Proxy
Proxy All Endpoints
• Terminate and decrypt traffic
• Emulate all device types
• Extract content for inspection
• Integrate authentication
Control Web & Cloud Governance
• Discover & control shadow IT risk
• Block web-borne threats
• Enforce access policy & audit usage
of web & cloud
W W W.W E B S I T E . C O M
Prevent Threats & Orchestrate Content
• Pre-filter sandbox with advanced content
inspection
• Send content to DLP, sandbox, analytics, etc..
• Open integration architecture to quickly
add new services
.JAR .EXE
Enhance the User
Experience & Performance
• Video Acceleration and Split Tunneling
• Asymmetric Caching of Content
• Optimized Protocol Support
10

11. The Cloud Generation Security Challenge
A Shifting Expanse of Blind Spots
11
SSL
Mobile/BYOD/IoT Endpoints
Headquarters
Data Center
Regional
Office
Traditional
Security Stack
Expanding Use of Encryption
Creates Blind Spots
Traditional Security Stack Has Lost
Significant Visibility As Resources
Go Direct-to-Net
Cloud Applications Causing
Organizations to Lose Control
Over Their Resources
Rapidly Growing Landscape
of Unprotected Devices
Users
Cloud Applications
And Services

12. Accelerating Cloud DLP with CASB
12
Apply Fine-Tuned Policies to Cloud
Leverage Workflow Integrations
Gain CASB Functionality
• Shadow IT Analysis
• Granular Visibility and Control
• User Behavior Analytics
Extend DLP to 60+ Cloud Apps
Unmanaged devices
Extended perimeter
Symantec DLP
Management
Console
Managed devices with DLP
Endpoint Agent
Direct to Net access
Policies
Incidents
Corporate
Datacenter
Policies
Incidents
Policies
Incidents
Symantec
Cloud
DLP

13. 13
Machine
Learning
• Pre-execution
detection for
new and
evolving threats
Application
Protection
• Memory Exploit
Mitigation
Emulator
• Anti-evasion
technique to
detect hidden
malware
Intelligent
Threat Cloud
• Real-time cloud
lookup , ~70%
reduction in
definition size
Performance
Enhancements
• Faster real-time
virus detection
Enabling
Integrations
• REST APIs
• Enable Blue Coat
integrations
Enhanced
Automation
• Expanded
LiveUpdate to
deliver security
updates for
Windows clients
Superior Protection High Performance Orchestrated Response
Secure
Vulnerable Apps
Pre-Execution
Detection
Strong
Anti-Evasion
Easy Integrations
Faster and
Light Weight
Automation
70% drop in
daily updates
Symantec Endpoint Protection 14
Introducing Symantec Endpoint Protection 14
Protection against advanced threats without compromising end-user or IT productivity

14. Overview of the Symantec Email Security Solution
Multi-Tenant, Cloud-Based Solution
Solution Overview
• Blocks targeted attacks, spear phishing,
viruses & malware, spam, and bulk mail
• Controls sensitive data and helps meet
compliance & privacy requirements
• Detects new and stealthy targeted &
advanced attacks
• Provides deep visibility into targeted
attacks and accelerates remediation
Inbound/Outbound
Third-party
Advanced Threat Protection
Anti-Spam
Anti-Malware
Data Protection
Image ControlFirewallUsers On-premise
Email Server
Cloud
Email Server
Users
14

15. Managed Cyber Defense
A Comprehensive Integrated Portfolio for Every Stage of the Attack Lifecycle
Track and Analyze Adversary Groups and Key
Trends and Events around the globe for
Actionable Intelligence
DeepSight
Intelligence
Detect and Proactively Hunt for Targeted
Attacks, Advanced Threats and Campaigns
Managed
Security Services
Respond Quickly and Effectively to Credible
Security Threats and Incidents
Incident
Response
Strengthen Cyber Readiness to Build Employee
Resiliency and Prevent Sophisticated Attacks
Cyber Skills
Development
World-Class Security Expertise > Reactive to Proactive > Integrated, End-to-End Security
Before
an Attack
During
an Attack
After an
Attack
Preparing
for an
Attack
15

16. Symantec Website Security
16
Website Security Market
Symantec
Offerings
SSL
Certificates
Domain Validated Certificates
Organization Validated
Certificates
Extended Validated
Certificates
SSL Discovery and
Certificate Lifecycle Automation
Code signing
OEM
Offerings
Web Application Firewall (WAF)
Distributed denial of service (DDOS)
WEBSITE SECURITY
An SSL Certificate is:
• A server-based product
• Enables encryption of data in transit
• And provides validation of the certificate
holder’s identity
Inspires:
• Assurance of safety and security
• Trust and confidence to transact
Creating:
• Site stickiness
• Business uplift
SSL 101

17. Symantec Website Security
17
Symantec is the Leader
WEBSITE SECURITY
Differentiation
90% of Fortune 500
companies are
secured by Symantec
SSL/TLS
Symantec issues 7
out of every
10 code signing
certificates globally
90%
Norton™ Secured Seal is
the most recognized trust
mark on the Internet
80% of the 500 largest
ecommerce sites in
North America are
secured by Symantec
SSL/TLS
96% of the world’s 100
largest financial
institutions are
secured by Symantec
SSL/TLS
80%
7/1096%
Most Comprehensive Offerings
and Solutions Orientation
Fastest Performance in
Industry with Scale
World Class and Secure
Service Availability
Best Root
Ubiquity
Global
Support

18. Symantec Website Security: ENCRYPTION EVERYWHERE
18
WEBSITE SECURITY
Focus on our unique scale & operational viability, our breadth of offerings enabling
unparalleled partner upsell opportunities, and customized marketing support
to drive partner growth
Shift the internet to encryption
by default… move from today’s
meager 3% encryption to 100%
Shifting to upsell modelAccelerate market share
expansion for SSL/TLS
certificates
Rapidly Expand
Volume
Drive Double Digit
Growth
Secure the World’s
Traffic

19. 19
Consumer Security
Digital Safety Platform
Protecting your information, devices, identity and over 50 million consumers every day

20. Cybercrime is a Large and Growing Problem
20
689 million people globally
were victims of cybercrime
Every
2 seconds
someone is a victim of identity theft
Identity theft has been a top FTC complaint in the
U.S. for the last 15 years, with complaints up 47% to
a combined 27% of all consumer complaints to the
FTC between ID Theft and Imposter Scams
39% of Americans
experienced cybercrime
in the past year
Total Reported
Identities Exposed
new account fraud
doubled in 2015
Source: Symantec ISTR, Javeline (2016), FTC (2015), ID Theft Center (2015)
429
Million

21. Transforming Symantec’s Consumer Business
21
Consumer Digital
Safety Platform Digital Safety Platform protecting your information, devices and identity
Expands Consumer
Market Opportunity
Combines the leading consumer security and identity protection providers
Together we will serve over 50 million consumers
Financially Attractive
Combination
Combined consumer business expected to grow in low to mid single digits
Expected annual cost synergies of $30 million by the end of FY18, increasing to
$80 million by the end of FY20
Optimal Use
of Capital
$2.3 billion in enterprise value with an expected close during Q4 FY2017
$1.3 billion share repurchase authorization in place

22. Our Journey in Consumer Security
22
Virus Computer Takeovers
Protecting PC, files and online
activity from highly visible threats
Ransomware, Phishing Scams
and Trojans
Protecting online activity and information
across devices including mobile
Identity and fraud protection
Protecting personal information and identity
across the device, network, and cloud
IoT and Connected Home
Protecting homes and family
Digital Safety Platform
Protecting all Consumer Devices
Microsoft, Android, Mac and iOS

23. Protects and Monitors Your Digital Life
Alerts You to Malicious Activity
Restores Your Identity When Compromised
23
• Identity Protection
• Identity Threat Notification
Digital Safety Platform
The First Comprehensive Digital Safety Platform
Protects Your Digital Life
Alerts You to Suspicious Activity
Restores Your Identity
• Multi-Device Security
• Microsoft, Mac,
Android and iOS
• Parental controls
• Consumer IoT
• Private VPN
• Backup
• Credit Reports
• Service Guarantee
Prevents, detects, and remediates malware
across PCs, laptops, and mobile
Secure multi-device VPN
Protects consumer IoT devices
Identity protection from fraudulent activity*
Monitors identity in dark web
Provides identity remediation services
* LifeLock does not monitor all transactions at all businesses. No one can prevent all identity theft

24. LifeLock is the Leading Provider of Identity Protection
24
Compelling Market Opportunity Business Model
• 1 in 4 Americans have been the victims of ID theft3
• 164 million records exposed by data breach in 2015
• Leading market share with 4x brand awareness of nearest competitor4
• 4.4+ million members out of an estimated 78 million member US TAM
• $650MM LTM revenue representing 16% Y/Y Growth1
• Recurring revenue model with 85.5% retention rate1
• 4.4+ million members, 400+ enterprise customers, $12.25 ARPU per month1
• 64 NPS Score2
1 As of 9/30/2016 2 Premium offering; NPS® Benchmarks 2015 3 Based on sample of 4,402 respondents to monthly online consumer survey conducted by MSI International on behalf of LifeLock, Jan-Dec 2015
4 A commissioned survey conducted in Oct-Dec 2015 by MSI International on behalf of LifeLock
+1 trillion data
elements
Data repository
Patented analytics
ID NETWORK
TM
Did you
open a new
credit card?
Yes No
MEMBER
MONITOR ALERT RESTORE
3rd PARTY
DATA
MEMBER DATA
NETWORK EFFECT
Near full visibility to every
adult in the U.S

25. $5
$10 $11 $11 $12
FY17 FY18 FY19 FY20 FY21
$10B Digital Safety Addressable Market
25
Digital Safety Addressable Market ($B)
7% CAGR
Source: Company estimates, Gartner, McKinsey
Endpoint Security
• Over 1 billion consumer desktops, notebooks, tablets, and
smartphones
• Leading provider of Mac protection
Identity Protection
• Alerts and remediates compromised identities
Private VPN
• Protects consumer data from being stolen on public WiFi
• Allows consumer to anonymize behavior and keep location private
Connected Home Security
• Billions of consumer connected IoT devices
Endpoint
Security
TAM

26. Transaction Overview
26
Transaction
Consideration $24/share or $2.3 billion in enterprise value
Approval Process &
Expected Closing
Expected close date during Q4 FY2017
Subject to customary closing conditions and regulatory approvals
Expected Financial
Impact
Reaffirming FY17 financial guidance, FY18 $1.70-$1.80 non-GAAP EPS outlook
Accretive to FY19 non-GAAP EPS
Expected
Financing
Combination of cash on balance sheet and $750 million of new debt
Share repurchase authorization increased to $1.3 billion

27. Consumer Security Expected Financial Profile
27
Reiterating prior fiscal 2017 and fiscal 2018 EPS guidance
Neutral to FY18 Non-GAAP EPS and over [5 cents] accretive to FY19 Non-GAAP EPSAdditional Upside
Opportunities
Cross-sell identity protection into large Norton US customer base
Optimize retention of LifeLock customer base by adding cyber defense value
International expansion of LifeLock offering
Consumer Security
Revenue Growth
Revenue growth accelerating to low to mid single digits
High recurring revenue
Maintains Strong
Margin Profile
$30 million annual cost synergies by end of FY18, increasing to $80 million by
end of FY20
Healthy operating margins of approximately 40%
Meaningful leverage across operations and overhead

28. 28
Symantec is Transforming Digital Safety
Protects Your Digital Life - Alerts You to Suspicious Activity – Restores Your Identity

29. Significantly Enhanced Financial Model
29
Expect Fiscal 2018 EPS of $1.70 to $1.80
FY16 1Q17 2Q17
Consumer Security
Revenue $1,670 $403 $405
% Y/Y (CC) (9%) (8%) (5%)
Operating Margin 55% 56% 55%
Enterprise Security
Non-GAAP Revenue $1,930 $481 $610
% Y/Y (CC) (2%) (1%) 24%
Non-GAAP Operating Margin 5% 6% 12%
Total Revenue $3,600 $884 $1,015
% Y/Y (CC) 5% (4%) 10%
Non-GAAP Operating Margin 28.5% 28.6% 29.2%
Note: Financials presented are Non-GAAP

30. Financial Policy
30
3 Expect to pay down debt over the medium term and maintain strong balance sheet
4 Maintain $0.30 annual dividend
1
Board authorization for share repurchase program increased to $1.3 billion; up to
$500 million in additional repurchases before the end of FY17
2
Timeline for prior $550 million in Symantec and Blue Coat net cost reduction
initiatives and synergies remains unchanged

31. Capital Structure and Financing
31
$billion
Cash, cash equivalents,
and ST investments
(9/30)
$5.6
Term Loans & Notes 5.55
Convertible debt 1.75
Net debt $1.7
Amounts in $MM except % Coupon Maturity Principal Balance ($)
Revolver L+150 5/2021 0
Term Loan A-1 L+150 5/2019 1,000
2017 Notes 2.75% 6/2017 600
2020 Notes 4.20% 9/2020 750
2021 Convertible Note (SLP) 2.50% 4/2021 500
2022 Notes 3.95% 6/2022 400
Term Loan A-2 L+150 8/2019 800
Term Loan A-3 L+150 8/2019 200
Term Loan A-5 L+175 8/2021 1,800
2021 Convertible Note (SLP/Bain) 2.00% 8/2021 1,250
Total 7,300
Debt Schedule

32. USE OF NON-GAAP FINANCIAL INFORMATION
Our results of operations have undergone significant change due to the impact of purchase accounting on revenue and cost of revenue on Blue Coat products, certain acquisition and integration
costs, discontinued operations, stock-based compensation, restructuring, transition and separation matters, charges related to the amortization of intangible assets, and certain other income
and expense items that management considers unrelated to the Company’s core operations. To help our readers understand our past financial performance and our future results, we
supplement the financial results that we provide in accordance with generally accepted accounting principles, or GAAP, with non-GAAP financial measures including constant currency
information. The method we use to produce non-GAAP results is not computed according to GAAP and may differ from the methods used by other companies. Non-GAAP financial measures are
supplemental, should not be considered a substitute for financial information presented in accordance with GAAP and should be read only in conjunction with our consolidated financial
statements prepared in accordance with GAAP. Our management team uses these non-GAAP financial measures in assessing Symantec’s operating results, as well as when planning, forecasting
and analyzing future periods. No reconciliation of the forecasted range for non-GAAP guidance is included in this presentation because it would be unreasonably burdensome to forecast the
acquisition and other charges associated with the LifeLock acquisition that may impact the GAAP measure. The impact, which may be significant, of purchase accounting on revenue, non-cash
compensation expense and other non-cash charges, are not yet known and subject to change, and the variability of these charges could have a significant, and unpredictable, impact on
Symantec’s future GAAP financial results.
Copyright © 2016 Symantec Corporation
32

33. Copyright © 2016 Symantec Corporation
33
GAAP RESULTS RECONCILED TO NON-GAAP RESULTS (1)
Fiscal Year Ended April 1, 2016 (2)
(Dollars in millions, unaudited)
Non-GAAP pro forma net revenues
GAAP Adj (3) Non-GAAP
Symantec Enterprise Security net revenues $ 1,930 $ - $ 1,930
Blue Coat net revenues 598 157 755
Total pro forma combined Enterprise Security net revenues 2,528 157 2,685
Consumer Security net revenues 1,670 - 1,670
Total pro forma combined net revenues $ 4,198 $ 157 $ 4,355
Enterprise Security as % of total pro forma combined net revenues 60% 2% 62%
(1)
For more information about the non-GAAP metrics in this presentation, please see the Appendix to the Press Release that can be found on the
investor relations page of our website at: http://www.symantec.com/invest.
(2)
Blue Coat's fiscal year end is within 93 days of Symantec's fiscal year end, therefore Blue Coat's net revenues from its fiscal year ended April 30, 2016
is combined with Symantec net revenues from its fiscal year ended April 1, 2016.
(3)
Adjustment for impact of purchase accounting on net revenues.