Adobe Investor Day Presentation Deck

Returning cash to shareholders Stock repurchase program Cash Used For Share Repurchase ($Billions) $5B $4B $3B $2B $1B FY2018 Source: Adobe, December 2021 A Adobe FY2019 Cash Used for Share Repurchase FY20 20 FY20 21 -Average Shares Outstanding 510 470 Average Shares Outstanding (Millions) ● ~$12 billion used for share repurchase since FY 2018 $15B repurchase authority extends through the end of fiscal 2024 $13.1 billion remaining Accelerating pace of repurchases ● Repurchased ~7.2 million shares during FY 2021 at a cost of $3.87 billion © 2021 Adobe. All Rights Reserved. Adobe Confidential.

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