3. Forward Looking Statements
3
This presentation contains statements regarding our projected financial and business results, which may be considered forward-
looking within the meaning of the U.S. federal securities laws, including statements regarding our financial guidance and targets (as a
combined company and by business segment); our proposed separation into two publicly traded companies; the projected market
growth rates and margin expansion opportunities for the security business and the information management business; statements
regarding our competitive advantages in security and information management; statements with respect to the proposed timing of
the separation; and statements with respect to proposed capital allocation strategies for both Symantec and Veritas. These
statements are subject to known and unknown risks, uncertainties and other factors that may cause our actual results, levels of
activity, performance or achievements to differ materially from results expressed or implied in this presentation. Such risk factors
include those related to: risks related to the separation of the company into the security business and the information management
business; general economic conditions; maintaining customer and partner relationships; the anticipated growth of certain market
segments, particularly with regard to security and information management; the competitive environment in the industries in which
we operate; changes to operating systems and product strategy by vendors of operating systems; fluctuations in currency exchange
rates; the timing and market acceptance of new product releases and upgrades; the successful development of new products; and
the degree to which these products and businesses gain market acceptance. Actual results may differ materially from those
contained in the forward-looking statements in this presentation. We assume no obligation, and do not intend, to update these
forward-looking statements as a result of future events or developments. Additional information concerning these and other risks
factors is contained in the Risk Factors sections of our Form 10-K for the year ended March 28, 2014 and our Form 10-Q for the
quarter ended January 2, 2015.
Any information regarding pre-release of Symantec offerings, future updates or other planned modifications is subject to ongoing
evaluation by Symantec and therefore subject to change. This information is provided without warranty of any kind, express or
implied. Customers who purchase Symantec offerings should make their purchase decision based upon features that are currently
available.
We assume no obligation to update any forward‐looking information contained in this presentation.
4. Use of GAAP and Non-GAAP Financial Information
4
Our results of operations have undergone significant change due to a series of acquisitions, the impact of stock-based compensation,
impairment charges and other corporate events. To help our readers understand our past financial performance and our future
results, we supplement the financial results that we provide in accordance with generally accepted accounting principles, or GAAP,
with non-GAAP financial measures. The method we use to produce non-GAAP results is not computed according to GAAP and may
differ from the methods used by other companies. Our non-GAAP results are not meant to be considered in isolation or as a
substitute for comparable GAAP measures and should be read only in conjunction with our consolidated financial statements
prepared in accordance with GAAP.
Our management regularly uses our supplemental non-GAAP financial measures internally to understand, manage and evaluate our
business and make operating decisions. These non-GAAP measures are among the primary factors management uses in planning for
and forecasting future periods. Investors are encouraged to review the reconciliation of our non-GAAP financial measures to the
comparable GAAP results, which can be found, along with other financial information, on the investor relations’ page of our website
at www.symantec.com/invest.
Reconciliations for our financial results and guidance can be found on Symantec’s investor relations website.
5. Definition of Terms Used Throughout Presentation
5
• We are reiterating our 4Q and FY15 guidance today based on a FX rate of €/$1.16. The weighted average FX for 4Q15 was €/$1.12
& the end of period FX was €/$1.10 vs €/$1.16 guide.
• Growth rates and operating margin expansion for FY15 are expressed in constant currency and are based on 3 quarters of actuals
and the midpoint of 4Q15 guidance.
• Growth rates and operating margin expansion for FY16 are expressed in constant currency at an exchange rate of €/$1.13 and
excludes the effect of the 14th week in the June 2014 period (i.e., revenue of $113M and operating expense of $51M have been
removed).
• Legal Separation of our information management business is expected on January 2, 2016 (i.e., the first day of 4Q16) with trading
to commence on January 4, 2016.
• Pre-Separation
– Veritas refers to the Information Management segment
– Norton refers to the Consumer Security segment
– Symantec Security refers the Enterprise Security & Consumer Security segments
– Symantec refers to the combined company until separation
• Post-Separation
– Veritas refers to the Information Management business
– Symantec Security refers to the Enterprise Security & Consumer Security businesses
– Symantec is a pro forma combined view of all three businesses
– The information management business will be presented as discontinued operations in Symantec’s financial statements commencing in 4Q16
6. 2015 FAD Agenda
6
Speaker Topic
Michael Brown Unlocking Value through Focus & Growth
John Gannon & Matt Cain Veritas Strategy & Products w/Q&A
10:25 am ET – 10 minute Break
Fran Rosch Consumer Security Strategy w/Q&A
Jeff Scheel, Balaji Yelamanchili & Amit Mital Enterprise Security: Markets, Strategy & Products w/Q&A
12:35 pm ET – 15 minute Break
Thomas Seifert Unlocking Our Growth Opportunity
Michael Brown & Thomas Seifert Final Q&A
Michael Brown Closing Remarks
2:00 pm ET – Reception & Demos
8. Agenda
8
1 Focus Drove FY15 Progress
2 Market Dynamics
3 Veritas and Symantec Security Strategies
4 Leveraging Our Scale to Drive Innovation
5 Accelerate and Unlock Value in FY16-17
9. Focus Drove FY15 Priorities
9
Talent New Product Delivered Strategy & Separation
Growth Margin, Cash Flow & Operational Focus
Optimize our
businesses
based on
lifecycle and
growth
potential
Reduce costs and
improve efficiencies
across company
Return significant
cash to shareholders
Strengthen
leadership team
Prioritize investments for growth
in our enterprise businesses
In review as year began
10. Talent Products Delivered Strategy & Separation
Focus Drove FY15 Progress
10
Growth
Strengthened the
leadership team with
new executives
5
Margin, Cash Flow & Operational Focus
Enterprise security
products delivered
41
Veritas products
delivered
17 Launched Norton
Security subscription
2 clear strategies =>
separation
Increase focus, reduce
complexity and enhance
strategic flexibility
Implied billings
growth in FY151
3%
Deferred revenue growing
again (after 6 quarters)
Veritas revenue accelerating
from 0% to 5%3
5%
30% 53%
Margin expansion
Norton2Total company2
~$900M
Return to
shareholders
Manage our business
as a portfolio
>$150M
8 Revenue and
efficiency initiatives drove
1. Adjusted for FX and extra week in the June 2014 quarter; growth based on midpoint of FY15 guidance.
2. As of 3Q15.
3. Growth rates at constant currency; year over year growth in 1Q15 and 3Q15.
11. Market Dynamics Driven by Different Trends & Customer Needs
11
Large and Growing Markets Driven by
Evolving Threats
Security
40%
increase in
enterprise
targeted attacks
23%
Increase in
breaches
1M
New threats
created per
day
Complexity
of threats
Overwhelmed with volume of alerts
CISO
CISOs are primary buyers
Need for actionable, intelligent
security solutions
Shorter selling cycles
Large and Growing Markets Driven by
Exponential Information Growth
Information Management
CIO
CIOs are primary buyers
Longer selling cycles
Exponential data growth driven by mobile,
virtualization & hybrid clouds
Complexity in managing information;
increased information fragmentation
Customer focus on reliability & lower TCO
12. Veritas | OUR UNIQUE ASSETS
12
SCALEHETEROGENEITYCUSTOMERS
UNMATCHED
BACKUP
MORE DATA
ABOUT DATA
APPLICATION-
AWARENESS
86% of Fortune
500 choose Veritas
solutions
Unparalleled breadth
of multiple vendors’
platforms and clouds
Largest, most
complex companies
feeding the Fabric
Unique platform of
#1 backup SW and
leading appliance
Rich repository of
detailed metadata
and insight
IT service continuity
beyond just
infrastructure
86%
13. Veritas | PRODUCT STRATEGY
13
• Expand across backup, storage
management, business continuity,
archiving and eDiscovery.
• Deliver capabilities via software,
integrated appliances or cloud.
Make every byte of data actionable by ensuring availability
and revealing insights
Expand best-in-class
Foundational portfolio
Our Competitive Advantage: Heterogeneity & Scale
Enable next-generation
Insight solutions
Deliver next-generation
Availability solutions
• Focused on managing and moving
mission-critical data in a hybrid
cloud world.
• Deliver through a coordinated
orchestration architecture.
• Provide visibility, action, and
automated control across an
organization’s information
landscape.
• Deliver through an intelligent
information fabric that integrates
our portfolio and third-party
ecosystems.
14. Symantec Security | OUR UNIQUE ASSETS
14
42M attack sensors in
157 countries
175M
endpoints
3.7T
rows of telemetry
100 Billion
more/month
500+
threat & response team
9
global threat response centers
30% of world’s enterprise
email traffic scanned/day
1.8 Billion
web requests
63M users & 4M SMBs
6.8M mobile devices protected
15. Symantec Security Strategy Leverages Unique Assets
15
• Consumer
– Norton Security
• Enterprise
– Symantec Threat Protection
– Symantec Information
Protection
We see more, analyze more, and therefore protect
from more cyber threats than any other company in the world
Best-in-Class
Security Products
Our Competitive Advantage: Global Scale & Real-Time Visibility
Cyber Security
Services
Unified Security
Analytics Platform
• Security Big Data Analytics
• Unparalleled scope of telemetry
(Symantec and 3rd Party)
• Unrivalled visibility into real-
time global threats
• Powers Symantec and 3rd party
security analytics applications
• Full-suite of services
– Monitoring services
– Incident response services
– Threat intelligence services
• Supported by 500+ world-class
cyber security experts and
9 global threat centers
16. Drivers to Accelerate Growth & Unlock Value for FY16-17
16
Security
Increase in NEW security offerings in FY16
3 new ATP offerings
2 new Cyber Security services
2 new Security Analytics applications
Norton subscription traction
CISO
40% increase for enterprise security quota
carrying reps;
1,750 dedicated security sales professionals
Shifting & increasing R&D to growth markets
10% CAGR in addressable security market
Information Management
CIO
20% increase for quota carrying reps;
2,100+ dedicated sales professionals
7% CAGR in addressable market
14 foundational products;
3 new offerings
Shifting & increasing R&D to growth markets
Deliver intelligent information fabric layer
17. Unlocking Value through Focus and Growth
17
Focus drove our expanded
operating margin & investments
for growth in FY15
Global scale & real-time visibility
drives enterprise security growth
& mitigates Norton decline
Leverage our scale & unique
assets to drive differentiated
offerings in FY16-17
Differentiated approach
of Availability & Insight
drives growth
