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Mark Pincus
Founder and CEO
Offering Summary

 Offering Size      lOOM shares (all primary)
 Over-Allotment     15% (all secondary)
 Filing Range       $8.So-$10.00
 Expected Pricing   Week of December 12, 2011
 Tlcker /listing    ZNGA / NASDAQ Global Select
 Use of Proceeds    General corporate purposes, capital expenditures, and tax
                    withholding obligations related to the vesting of
                    employee equity- based compensation (ZSUs)
 Underwriters       Morgan Stanley
                    Goldman Sachs
                    SofA Merrill lynch
                    Barclays Capital
                    J.P. Morgan
                    Allen & Company




                                                                            .ji zyng
Investment Opportunity

                 1. Play is a core Internet and mobile activity
Jf zynga =play
                 2. Zynga is the leader in play

                 3. Only scalable platform

                 4. Repeatable and profitable model

                 5. Unmatched investment
Our Vision


             J4lzynga =play

               --· ---
Our Mission




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CityVille:
The Most Popular Social Game in the Western World
The Zynga Platform:
Scalable, Repeatable with Network Effects




                     Network
                      Effects




                                            .ji zynga
Words With Friends: The Most Popular Word Game




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Zynga Platform Delivers Results

                       Created 9 of the 10 biggest
                       social games of all time
~ zynga =play
                       227M MAUs, 54M DAUs


                       28 minutes of play daily
3 Tectonic Shifts in the Global Internet Landscape


Social
18


Apps
188
downloads
                }fzynga·                  PLAY

User Pay
$98
virtual goods
$SOOM Invested in the Future of Play


                         • Platform
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                         • Games

The Future of Play       • Team
Our DNA Combines Social, Web and Game Talent

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John Schappert
Chief Operating Officer
Play               Huge Global Market Opportunity




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A Better Model for Play
1--



                                                    ~tzynga
      Development Cycle
                              Traditional

                                 Years          I       Months

      Revenue Model        Single Purchase      Free-to-Play I Ongoing

      Engagement            Days I Months                Years

      Data and Analytlcs        Limited         Continuous Feedback

      Distribution         Traditional Retail       Networ1< Virality




                                                                        11 zyng~
Undisputed Leader in Play
                                                                                -
     9 of the Top 10 Social Games             Zynga DAUs > 14 Competitors

Rank   Developer   Social Game
                                              '*zynga              NeJU 14
 1     if zynga     FarmVille                                     Competitors

 2      if zynga   CityVille


 4      ifzynga    Cafe world
 5      ifzynga     Words With Friends    .
 6      ifzynga    FrontlerVille
 7      l!lzynga   Empires & Allies
 8      l!lzynga   Texas Hold' em Poker
 9      ifzynga     FtshVille
                                                     s.pt~ber 2011
10      ifzynga    Treasure Isle                     D•ilv Active Users
Best Brands in Social Games

                           Ill Game on Face book since January 2009
                               4 out of 5 Top Games on Face book




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                    2010

                60M                 34M             32M               29M




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lOx DAU Growth in Mobile

     Mobile Dally AcUft U.ers   :   Wob to Mobile

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Zynga Games are Social
Powerful Virtual Goods Business Model

                                       Virtual Goods

                           TTM Revenue                        $969M
                           % of Total Revenue                    95%
                           YoYGrowth                            122%


Play longer                Gift                 Collect and                       · Accelerate
                                                Decorate                            Game Progress

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Drive Bookings
Advertising- Early and Promising

                                Advertising

                  TTM Revenue                 $SSM

                  " of Total Revenue           S%
                  YoY Growth                  162%


Branded           Social               Sponsorships   Mobile
Vi rtua I Goods   Engagement Ads

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Games as a live Service

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Only Zynga ...
Industry Leading Engines and Infrastructure
1--
                             Unmatched Player Experience

                                         •
      leading Engines                        Scalable Infrastructure


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      •   Multi-platform:                    •   Effectively handle
          Flash 11, HTML 5, mobile               peak traffic

      • Quickly serve game data              • Securely store player data

      •   High performance                   • Always available
Data and Analytics Drive Our Games

         A/B Test for FarmVille Marketplace Layout




                                                       ..
                                                       -
                                   9% Increase in Bookings
                                                             4z n a
Power of the Zynga Network
               Cross Promotion from Zynga Network
                  of ZZ7M MAUs and 54M DAUs

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Multiple Opportunities for Growth


Grow Existing     Launch            Expand         Increase Mobile         More
 Franchises     New Games       Internationally        Offerings         Platforms
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Largest Launch Lineup in Company History




2007 • 2008   200Q     I   •   1H20t1    R.:enl •nd Coming Soon




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Dave Wehner
Chief Financial Officer
Financial Highlights
1--



       a      Attractive business model        )
       a      Robust bookings growth           )
                                               )
       •      Highly profitable


                                               )
       •      Investing for long-term growth


                                               )
       •      Strong balance sheet




                                                   11 zynga
Free-to-Play Business Model

                                                           Key Metrics

                                                   227M    Q3 2011 Average MAUs




                                                    54M    Q3 2011 Average DAUs




                                                   7.7 M   TTM Unique Payers


                      $1.18         TTM Bookings
                    $339M           TTM Adjusted EBITOA
,... IWII.III_....,._.,.••t-... """....-..-u
Robust Bookings Growth

  .
1--
  Bookincs ($M)
      -.... --.   ..   ,.,,_~
                                             9 Month Bookincs
                                          2010 to 2011 V/Y Growth
                                                               43%
                                   llookl,.sGrOW1h

                                   Normo4ltod GrOWih           86%




              S328




             2009           2010     2009        2010         2011

                     Full Yeu            9 Months Ended 9/3()
Longevity of Bookings from Enduring Game Franchises

   AR ViUIE Normalized Bookings Indexed to Peak Quarter

t OOl'

 80%
                                                                Book mas
 60"
 40"
                                                     -           OAUs




              •
 20"

  0%
         Ql   Q2                  QS     Q6     Q7        Q10
New Games Drive Additional Growth
Bookings ($M)
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                                                              5184


                                                          •
                 2009                  2010                   2009     2010      2011
                        Full Year                               9 Months Ended 9/30
Investing in the Platform for Play
               More Games         .
                                  •
                                      More Powerful Infrastructure
              R&D (ex·SBC) (SM)              Capital Elcpenditures ($M)


                                                               $199




               $113
                                                   $62



               2010        2011                   2010         2011
                 TlME-9/)0                          T1M Ended 9/)0

Adj. EBITOA                           % of
                49%         31%                    17%          70%
Mar&in                                OCF


                                                                          .t zynga
Profitable Financial Model


                             Annual   9 M onths
                             2010       2011
         Cost of Revenue      21%       26%

         R&D                  17%       28%

         S&M                  13%       13%

         G&A                  8%        12%

         D&A                  5%         8%

         Adjusted EBITDA      47%       28%

         Capex                7%        22%
TARTUPSP~fRf

www. facebook.com/Startu psphere



Group: Startupsphere

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Zynga IPO road show presentation

  • 2. Offering Summary Offering Size lOOM shares (all primary) Over-Allotment 15% (all secondary) Filing Range $8.So-$10.00 Expected Pricing Week of December 12, 2011 Tlcker /listing ZNGA / NASDAQ Global Select Use of Proceeds General corporate purposes, capital expenditures, and tax withholding obligations related to the vesting of employee equity- based compensation (ZSUs) Underwriters Morgan Stanley Goldman Sachs SofA Merrill lynch Barclays Capital J.P. Morgan Allen & Company .ji zyng
  • 3. Investment Opportunity 1. Play is a core Internet and mobile activity Jf zynga =play 2. Zynga is the leader in play 3. Only scalable platform 4. Repeatable and profitable model 5. Unmatched investment
  • 4. Our Vision J4lzynga =play --· ---
  • 5. Our Mission .J f:Ut.; rARMVillE .;! zyngapoker· ~ INOAOS~ ~ [jil•Uitt'(l}9J!!'I Maf1a Wars
  • 6. CityVille: The Most Popular Social Game in the Western World
  • 7. The Zynga Platform: Scalable, Repeatable with Network Effects Network Effects .ji zynga
  • 8. Words With Friends: The Most Popular Word Game - s c 0 c 0 O HO A L'£! ................. _ 0 c N c;:l N p P L A Y 0 ·- ··- v ooa •••~tSrt¥aor.,....,..fiM _ . .._ ....alriiOn. Irs IIOWI,_ - ~.., lor'l:ll-..oty" J .,t zynga
  • 9. Zynga Platform Delivers Results Created 9 of the 10 biggest social games of all time ~ zynga =play 227M MAUs, 54M DAUs 28 minutes of play daily
  • 10. 3 Tectonic Shifts in the Global Internet Landscape Social 18 Apps 188 downloads }fzynga· PLAY User Pay $98 virtual goods
  • 11. $SOOM Invested in the Future of Play • Platform ;fzyn ga· • Games The Future of Play • Team
  • 12. Our DNA Combines Social, Web and Game Talent ---- --- -· - ...,_ ll'lftccwt John SdMppen O.....Wtt"* ~... --- _..., - ···-- -·-- , ~- ~ .... D w• ~ ow:.;&w -· I ~ IllS s: H~i!. IIWt 0 • - 0: •1:111. Sill! --- Mike Ventu -·- Dtvld Ko --- Coi.Nn Mc.erttl') _ Stev. Chltng ...... ~. I ···· 11 zynga
  • 14. Play Huge Global Market Opportunity Sl 8dhon 4 zyng~ ...., """"' UN"""-- .._...,.Ql M l -· ,.,..Jit~.._. . . 11¥ . . . . . . . . . . . . . . . ., s - - - ..... ~......._ loool liiL*"" ............. .___,.,t,.ec:_.,.......,...,., O..aL • ._... ..... ~,_ a MI¥»11,;-.. ..... . . - . - &-»U,.._..._.._..........,. .........o.a.. ....... -.lO:IO
  • 15. A Better Model for Play 1-- ~tzynga Development Cycle Traditional Years I Months Revenue Model Single Purchase Free-to-Play I Ongoing Engagement Days I Months Years Data and Analytlcs Limited Continuous Feedback Distribution Traditional Retail Networ1< Virality 11 zyng~
  • 16. Undisputed Leader in Play - 9 of the Top 10 Social Games Zynga DAUs > 14 Competitors Rank Developer Social Game '*zynga NeJU 14 1 if zynga FarmVille Competitors 2 if zynga CityVille 4 ifzynga Cafe world 5 ifzynga Words With Friends . 6 ifzynga FrontlerVille 7 l!lzynga Empires & Allies 8 l!lzynga Texas Hold' em Poker 9 ifzynga FtshVille s.pt~ber 2011 10 ifzynga Treasure Isle D•ilv Active Users
  • 17. Best Brands in Social Games Ill Game on Face book since January 2009 4 out of 5 Top Games on Face book ARM VillE 2010 60M 34M 32M 29M Wo.-o Maf1aWars 11M 8M 6M .,t zynga
  • 18. lOx DAU Growth in Mobile Mobile Dally AcUft U.ers : Wob to Mobile U .1M : • • ARMViUE I I ~ zyngap oker I Mobile Fir<! VOA~·~ I 991K Oct2010 Oct2011 :~ •• • zvnga
  • 19. Zynga Games are Social
  • 20. Powerful Virtual Goods Business Model Virtual Goods TTM Revenue $969M % of Total Revenue 95% YoYGrowth 122% Play longer Gift Collect and · Accelerate Decorate Game Progress •• c ~,-;~~ If ~ v; -- ~:~hi .. - - ' -- I - ,. _, -- ~· . . -- r ·_ ~ I I t , ..... ,... __ , .,....,l : • zynga
  • 22.
  • 23.
  • 24.
  • 25.
  • 26. Advertising- Early and Promising Advertising TTM Revenue $SSM " of Total Revenue S% YoY Growth 162% Branded Social Sponsorships Mobile Vi rtua I Goods Engagement Ads .....«;o;• - ·- 1' zyng~
  • 27. Games as a live Service URMVill£ ExponSIOtl M..O 2011 llooldncs Co-op Fa rming Acltfll010 Llounch 111M loot "" ~-s.... Charity ,...., • Oct*r200t Rt41f'f fund ~:/1 Expansion Chanty Stptfmber 2011 Mobile MitCh lOU -2010 ~ Quests Promottons ~r20t0 .- zynga
  • 29. Industry Leading Engines and Infrastructure 1-- Unmatched Player Experience • leading Engines Scalable Infrastructure -·· · -· -· -- -· · - • - - - ·- · · · ·- • . . . . -- - - · . • . • . • ·~ ~ • Multi-platform: • Effectively handle Flash 11, HTML 5, mobile peak traffic • Quickly serve game data • Securely store player data • High performance • Always available
  • 30. Data and Analytics Drive Our Games A/B Test for FarmVille Marketplace Layout .. - 9% Increase in Bookings 4z n a
  • 31. Power of the Zynga Network Cross Promotion from Zynga Network of ZZ7M MAUs and 54M DAUs o:::»--11111111111~ r tl I 1 @ " .. ~ - - ... = -f zyngapoker DAUs 7M Cross Promotion ~'ac 411) l df/1':§ 4M largest ebOolc ~K Jun.t6 -, ..... ~K ....... SOOK Juno9 J~lO J~.~ne ll - 3 <Ia ~ f. l's 9alt!e cr0 ss-p ilfter rolt! iiiJflcl) o ~ zynga
  • 32. Multiple Opportunities for Growth Grow Existing Launch Expand Increase Mobile More Franchises New Games Internationally Offerings Platforms . Az~ . . ~ play jogar . g10Ca j?n~t~ ~ face book @.l:ui!iJrlf· oyna spiel en tit Gougle• Jl r fAJ!MViut or"' ICUO jouer L~U ~ zyngapoker II _.,zynga .S zyng~
  • 33. Largest Launch Lineup in Company History 2007 • 2008 200Q I • 1H20t1 R.:enl •nd Coming Soon lu- VIlle V• .__.,.._, Jtzynga: ~ _. zvnga
  • 35. Financial Highlights 1-- a Attractive business model ) a Robust bookings growth ) ) • Highly profitable ) • Investing for long-term growth ) • Strong balance sheet 11 zynga
  • 36. Free-to-Play Business Model Key Metrics 227M Q3 2011 Average MAUs 54M Q3 2011 Average DAUs 7.7 M TTM Unique Payers $1.18 TTM Bookings $339M TTM Adjusted EBITOA ,... IWII.III_....,._.,.••t-... """....-..-u
  • 37. Robust Bookings Growth . 1-- Bookincs ($M) -.... --. .. ,.,,_~ 9 Month Bookincs 2010 to 2011 V/Y Growth 43% llookl,.sGrOW1h Normo4ltod GrOWih 86% S328 2009 2010 2009 2010 2011 Full Yeu 9 Months Ended 9/3()
  • 38. Longevity of Bookings from Enduring Game Franchises AR ViUIE Normalized Bookings Indexed to Peak Quarter t OOl' 80% Book mas 60" 40" - OAUs • 20" 0% Ql Q2 QS Q6 Q7 Q10
  • 39. New Games Drive Additional Growth Bookings ($M) ,......, Glf'Mt; 1010 ... 11 iMind'l .,.... ooh::wt • """'-·>1)111-ot-.... - 5839 5849 SS9S S328 5184 • 2009 2010 2009 2010 2011 Full Year 9 Months Ended 9/30
  • 40.
  • 41. Investing in the Platform for Play More Games . • More Powerful Infrastructure R&D (ex·SBC) (SM) Capital Elcpenditures ($M) $199 $113 $62 2010 2011 2010 2011 TlME-9/)0 T1M Ended 9/)0 Adj. EBITOA % of 49% 31% 17% 70% Mar&in OCF .t zynga
  • 42. Profitable Financial Model Annual 9 M onths 2010 2011 Cost of Revenue 21% 26% R&D 17% 28% S&M 13% 13% G&A 8% 12% D&A 5% 8% Adjusted EBITDA 47% 28% Capex 7% 22%
  • 43.