Adobe Investor Day Presentation Deck

Document Cloud business momentum Revenue mix FY 2018 $0.67B Subscription ~$1.0B Source: Adobe, December 2021 A Adobe Perpetual & Services ~$0.3B FY 2021 Subscription Perpetual & Services $1.75B ~$0.2B ~$2.0B f Subscription revenue has more than doubled in three years, driving segment growth and mix shift toward recurring revenue Subscription revenue growth fueled by ETLA adoption and individual subscription offerings, including mobile and web ● • Continuing migration opportunity for perpetual installed base © 2021 Adobe. All Rights Reserved. Adobe Confidential.

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