3Q18 Key Tech & Market Trends

The NETGEAR Evolution FROM A LARGE INSTALLED BASE WITH LIMITED ENGAGEMENT... Target Customer iti ...TO A LARGE AND ENGAGED CUSTOMER COMMUNITY Acquire Customer $ Hardware Purchase $ Hardware Purchase $ Registration + Recurring Ongoing Engagement Revenue ... Add-on & Replacement Wait for Next Upgrade ΡΑΤΗ ΤΟ →15% OP MARGINS* *Non-GAAP

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