#1fastly + Signal Sciences Fastly Signs a Definitive Agreement to Acquire Signal Sciences August 27, 2020#2Legal Disclosure Important Notice This presentation contains forward-looking statements about the expectations, beliefs, plans, intentions and strategies of Fastly relating to Fastly's acquisition of Signal Sciences. Please refer to the Form 8-K filed by Fastly on August 27, 2020 for additional information regarding the transaction. Such forward-looking statements include statements regarding future product offerings; expected benefits to Fastly, Signal Sciences, and their respective customers; expected financial impact of the acquisition on Fastly; and plans regarding Signal Sciences and Signal Sciences' personnel. These statements reflect the current beliefs of Fastly and are based on current information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made. The ability of Fastly to achieve these business objectives involves many risks and uncertainties that could cause actual outcomes and results to differ materially and adversely from those expressed in any forward-looking statements. These risks and uncertainties include the failure to achieve expected synergies and efficiencies of operations between Fastly and Signal Sciences; the ability of Fastly and Signal Sciences to successfully integrate their respective market opportunities, technology, products, personnel and operations; the failure to timely develop and achieve market acceptance of combined products and services; the potential impact on the business of Signal Sciences as a result of the acquisition; the loss of any Signal Sciences customers; the ability to coordinate strategy and resources between Fastly and Signal Sciences; the ability of Fastly and Signal Sciences to retain and motivate key employees of Signal Sciences; general economic conditions; the reasonableness of the market estimates for the combined products and services offered by Fastly and Signal Sciences; as well as those risks and uncertainties included under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations," in our Form 10-Q filed with the Securities and Exchange Commission on August 7, 2020 for the quarter ended June 30, 2020, as well as our other filings with the Securities and Exchange Commission, which are available on the Investor Relations section of our website at www.investors.fastly.com and on the SEC website at www.sec.gov. All statements contained in this presentation other than statements of historical facts, including our business strategy and plans and our objectives for future operations, as well as our financial performance and our long-term target operating model, are forward-looking statements. The words "anticipate," believe," "continue," "estimate," "expect," "intend," "may," "will" and similar expressions are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements are subject to a number of risks and uncertainties. The future events and trends discussed in this presentation may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, achievements or events and circumstances reflected in the forward-looking statements will occur. Except to the extent required by law, we do not undertake to update any of these forward-looking statements after the date of this presentation to conform these statements to actual results or revised expectations. For a complete discussion of factors that could materially affect our financial results and operations, please refer to the reports we file from time to time with the SEC, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2019, and our subsequent quarterly reports on Form 10-Q. Copies of reports we file with the SEC are posted on our website and are available from Fastly without charge. This presentation also contains estimates and other statistical data made by independent parties and by us relating to market size and growth and other data about our industry. This data involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates. Neither we nor any other person makes any representation as to the accuracy or completeness of such data or undertakes any obligation to update such data after the date of this presentation. In addition, projections, assumptions and estimates of our future performance and the future performance of the markets in which we operate are necessarily subject to a high degree of uncertainty and risk. Ⓒ2020 Fastly, Inc. 2#3Transaction Overview Strategic Rationale Transaction Consideration Expected Closing ■ Significantly broadens Fastly's security portfolio ■ Next-generation security solution for developers, by developers ■ Accelerates adoption of Compute@Edge Attractive financial file, with 85%+ gross Ⓒ2020 Fastly, Inc. ■ $575MM* of Fastly Common Stock $200MM in cash - Expected to close in 2020 Subject to regulatory approval and satisfaction of customary closing conditions * Number of shares based on floating exchange ratio subject to a two-way collar; does not include $50M restricted stock unit retention pool for Signal Sciences employees 3#4Fueling The Next Trusted, Digital Experiences fastly + Signal Sciences SA ©2020 Fastly, Inc. Developer-first Ⓒ Programmable Easy to Use Usage-Based Model 4#5Fastly @Edge Vision Fastly Edge Cloud Platform Ⓒ2020 Fastly, Inc. (o-> DELIVER Web Apps & APIS COMPUTE BJ SECURE 5#6Common DNA fastly Signal Sciences ©2020 Fastly, Inc. Shared Vision ■ Speed of innovation ■ Empower developers ■ Modern solutions Shared Mission ■ Single solution API-first Real-time visibility & control Shared Values Customer focus ■ Transparency Trust & integrity 6#7Introducing Secure@Edge A comprehensive, unified solution for web and API protection Edge Access Control Edge Authentication ©2020 Fastly, Inc. TLS Acceleration C.C.C.O Platform TLS 11 44 V DDoS Protection Web Application Firewall Rate Limiting Bot Mitigation Fastly Products Fastly & SigSci Products Signal Sciences Products API Protection ATO Protection 7#8Security Will Accelerate Edge Computing Adoption P Safely and easily integrate new technology at the edge Ⓒ2020 Fastly, Inc. Compute@Edge Accelerates adoption of edge computing BJ 8#9Signal Sciences at a Glance भ 40,000 Apps Protected 60+ Enterprise Customers* 70% New to Fastly Ⓒ2020 Fastly, Inc. nin $28M ARR** 85%+ Gross Margin 80+ Net Promoter Score $ 96%+ Gross Retention*** * Enterprise customers are defined as customers with revenue in excess of $100,000 over the previous 12-month period. ** Annual Recurring Revenue (ARR) is defined as the aggregate value of contracted recurring revenues from subscription agreements at a point in time, excluding all non-recurring revenue, normalized to a twelve-month period *** Gross retention is calculated as the percentage of customers retained from the prior twelve-month period on a logo basis Note: All data as of June 30, 2020 9#10Fastly + Signal Sciences: Financial Highlights Incremental revenue growth with enhanced product capabilities Target new customers and drive expansion, in addition to significant cross-sell and upsell potential Continues gross margin momentum Security software strengthens gross margin expansion Accelerates achievement of long-term operating model Boosts go-to-market efficiency Customer-focused culture with strong, recurring relationships Industry-leading retention and expansion rates High-quality security engineering talent to accelerate edge computing Shared developer-focus philosophy ©2020 Fastly, Inc. 10#11Closing Remarks fastly Signal Sciences ©2020 Fastly, Inc. Significantly Broadens Fastly Security Portfolio Web Application and API protection in a single offering: expands security portfolio by adding ATO, Rate Limiting, Bot Mitigation, and API Security while also enhancing existing WAF and DDoS capabilities Shared Developer-First Approach Signal Science's shared focus on the developer and the security dimension of DevOps aligns with and accelerates our Secure@Edge vision Security at the Edge Will Accelerate Adoption of Edge Computing Solving for security at the edge will create a flywheel effect for uptake of our Compute@Edge solution Common DNA Complementary match of origins, developer focus and company values Attractive Financial Profile Accretive to growth and gross margins 11#12Thank you!