NETGEAR reported quarterly results for Q4 2022. Revenue was $249.1 million, down slightly year-over-year. The Connected Home segment achieved $223 million in revenue. NETGEAR maintained a strong balance sheet with $227 million in cash and cash equivalents. While results met expectations, macroeconomic uncertainties could impact future demand and profitability.

1. IN V ESTOR OV ERV IEW
FE B RU A RY 2 0 2 3

2. This presentation contains forward-lookingstatements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. The words
“anticipate,” “expect,”
“believe,” “will,” “may,” “should,” “estimate,” “project,” “outlook,” “forecast” or other similar words are used to identify such forward-looking statements.
However, the absence of these words does not mean that the statements are not forward-looking. The forward-looking statements represent NETGEAR,
Inc.’s expectations or beliefs concerningfuture events based on information available at the time such statements were made and include statements
regarding: NETGEAR’s future operating performanceand financial condition, including expectations regarding continued profitability and cash
generation; expectations regarding continuing market demandfor the Company’s products and the Company’s ability to respond to this demand; the
timing, distribution, sales momentum and market acceptance of recent and anticipated new product introductions that position the Company for
growth and market share gain; and expectations regarding NETGEAR's paid subscriber basegrowth. Thesestatements are basedon management’s
current expectations and are subject to certain risks and uncertainties, includingthe following: uncertainty surroundingthe duration and impact of the
global COVID-19 pandemic; future demand for the Company's products may be lower than anticipated; the Company may be unsuccessful, or
experience delays, in manufacturing and distributing its new and existing products; consumers may choose not to adopt the Company's new product
offerings or adopt competing products; the Company may be unable to continue to grow its number of registered users, its number of registered app
users and/or its paid subscriber base; product performance may be adversely affectedby real world operating conditions; the Company may fail to
manage costs, including the cost of developing new products and manufacturing and distribution of its existing offerings; the Company may fail to
successfully continue to effect operating expense savings; changesin the level of NETGEAR's cash resources and the Company's planned usage of
such resources, including potential repurchases of the Company’s common stock; changes in the Company's stock price and developments in the
business that could increasethe Company's cash needs; fluctuations in foreign exchange rates; and the actions and financial health of the Company's
customers, including the Company’sability to collect receivables as they become due. Further, certain forward-looking statements are based on
assumptions as to future events that may not prove to be accurate. Therefore, actual outcomes and results may differ materially from what is expressed
or forecast in such forward-looking statements. Further information on potential risk factors that could affect NETGEAR and itsbusiness are detailed in
the Company's periodic filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the
section entitled “Part II - Item 1A. Risk Factors” in the Company’s quarterly report on Form 10-Q for the period ended October 2, 2022, filed with the
Securities and ExchangeCommission on November 4, 2022.
All product and company names herein are or may be trademarks of their respective owners.
SAFE HARBORDISCLOSURE

3. Connected Home
Quarterly Revenue of $249.1 Million
39% Share in U.S. Retail WiFi Market1
30% Y/Y Growth in SMB for Record Revenue
22.8 Million Registered Users Worldwide
16.2 Million Registered App Users Worldwide
747,000 Service Subscribers
Q4’22 HIGHLIGHTS
1The NPD Group/Weekly Retail Tracking Service, U.S., Gateways, Range Extenders, Routers; Cellular ready technology:
excludes 3G, 4G, 5G, Dual Band 3G/4G, LTE; Wireless; Network Connectivity: Excluding Powerline, DSL; Based on
dollar sales, October 2, 2022- December 31, 2022 combined.

4. Be the innovative leader in connecting the world to the internet.
OUR MI SSI ON

5. TECHN OLOGIES
WiFi 6 / WiFi 6E
Quad-band Mesh
AV over IP
PoE++ First Responders
Whole Home WiFi
Video Conferencing
Sports& Events
A P P L ICATION S
Streaming
Life revolves
around the
internet
Virtual
experiences
displace physical
experiences
All enabled by
leading edge WiFi
and Ethernet
technologies
5G - mmWave

6. Connected Home
Products & Technology
C O N N E C T E D H O M E

7. The demand for always-on,high-speed,secure WiFi, at home and on-the-
go has led to an expanding segment of premium WiFi.

8. Q U A D - B A N D
HIGHLY DIFFERENTIATED, PREMIUM CONNECTIVITYSOLUTIONS,ONLY FROM NETGEAR

9. MESH ROUTER RANGE EXTENDER CABLE
BEST MESH NETWORK
WIFI 6 L EA DERSHIP IN EV ERY SIN GL E CA TEGORY

10. The best multi-gigabit WiFi. Everywhere.
PREMI U M WI FI

11. ORBI 9 SERIES UN RIV AL L ED P ERFORMAN CE
“Netgear’sOrbi line has been among some of the best mesh Wi-Fi systems of
recent years, and Orbi RBKE963 builds on that pedigree.”
Elite meshkit delivers megaspeeds, maximumcoverage
“The Netgear Orbi RBKE963 is a stellar (albeit quite expensive) three-pieceWi-Fi 6E mesh system
that harnesses the 6GHz band to offer some of the fastest throughput speeds we’veever seen.”
“Of all the mesh routerswe’ve tested, the RBKE963 hadthe best performanceand the
setup process was also a breeze. The Netgear Orbi WiFi 6E (RBKE963) is a future-proof
upgrade that you’ll be able to reliablyuse for years to come.”
“The most premium mesh Wi-Fi system.“
“Probably the fastest WLAN in the world”
“Like a Mercedes Benz for the mesh category.”

12. N ETGEA R DIRECT– CURA TED P REMIUM BRA N D EX P ERIEN CE
Exclusive destination to engage with premium customers Rich content, product selectors, concierge service

13. V AL UE ADDED SUBSCRIP TION SERV ICES
S E C U R I T Y P R I V A C Y S U P P O R T

14. P ROTECTS CON N ECTED DEV ICES TRADITIONAL ANTI-VIRUS
O N L Y P R O T E C T S
P E R S O N A L D E V I C E S

15. NIGHTHAWK M6 PRO
INDUSTRY’S FIRST 5G + WiFi 6E
MOBILE HOTSPOT ROUTER
• Secure WiFi and 5G connectivity - at home, at
work or anywhere on-the-go
• World’s first hotspot using Qualcomm SDX62 and
SDX65 chipsets
• With mmWave, M6 Pro delivers the fastest 5G
speeds on global Service Provider Partners' 5G
networks
• Insight Pro enabling remote device management
for Business users
NETGEAR Nighthawk
M6: Blazing-fast
Internet in Your Pocket
The Netgear MR6450
with 5G and WiFi 6E
should be the cream of
the crop in this area.
M6 PRO
M6
Netgear’s M6 Pro Is The
Rolls-Royce Of Mobile
Hotspot Routers

16. A F F L U E N T J E T S E T T E R S M O B I L E W O R K F O R C E S W I R E D L I N E R E P L A C E M E N T
AL WAYS- ON , SECURE, HIGH - SP EED IN TERN ET CON N ECTIV ITY
A N YWHERE A N D EV ERYWHERE
Travelling for business or pleasure
Secure connection for critical business
transactions or personal bank transfer
Instant and secure connectivity for
team members at any location
Reliable 5G internet as primary or
backup connection in rural areas

17. • Old art, new art, NFT crypto-art and
everything in between
• Meural lets you enjoy over $3 Billion of
art in one digital frame
• Share life’s moments, instantly. Take
your favorite photos from phone to
frame.
“Meural digital art frameswill now be able to show off nonfungible
token (NFT) art that is becoming increasinglypopular among
blockchain and cryptocurrencyenthusiasts.”
>3M+ followers
Mumbot
BEST TECH GIFTS
MEURA L P REMIUM DISP L AY FOR N FTS AN D DIGITAL ART
“The opportunityto revisit memories with loved ones or fall
in love with art from around the world makesit a worthwhile
investment.The Meural Canvas II is an experience you
don't have to leave your home to enjoy.”

18. Premium WiFi 6
and 5G devices
World class direct to
consumer experience
Subscription services align
with premium segment
CHP GROWT H ST RAT EGY

19. N E T G E A R B U S I N E S S &
N E T G E A R A V
Products & Technology

20. S W I T C H E S E N G I N E E R E D F O R A V O V E R I P
OU T- OF-T H E - B OX S U P P ORT FOR E V E RY N E T W ORK E D AV S OLU T I ON

21. Robot Assisted Surgical Procedures
Digital Conference Rooms Corporate Recording Studios Digital Classrooms
Live Event Streaming Resort/Casino/Commercial Video Walls Digital Signage at Transportation Hubs
Digital Umpiring Data Visualization for Sporting Events Digital Green Screens for the Movie Industry
P ROAV AP P L ICATION S

22. WiFi 6, secure,mesh capable Simple to set up Easy network management
SMAL L BUSIN ESS & HOME OFFICE SOLUTION S – BOOMIN G DEMAN D

23. P R O W I F I
A C C E S S P O I N T S
L EA DIN G THE SMB WIFI TRA N SITION
B U S I N E S S
E S S E N T I A L S

24. SCREENSHOT
PRO
$22 per year per device
PREMIUM
$9.99 per year per device
I NS I G H T & I NS I G H T P RO - E A SY N E T W ORK M A N A G E M E N T, LOC A L & RE M OT E
BUSINESS VPN
Secure one-step VPN

25. Pro WiFi Access Points Pro AV Switches
SMB GROWT H ST RAT EGY
AV

26. F I N A N C I A L S

27. QUART ERLY NET REVENUE
$318
$309
$290
$251
$211
$223
$250 $249
$0
$50
$100
$150
$200
$250
$300
$350
$400
1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22
(Net Revenue, $ Millions)

28. SEG MENT PERFORMANCE
(Net Revenue, $ Millions)
0.000
50.000
100.000
150.000
200.000
250.000
300.000
1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22
C O N N E C T ED H O M E
Retail Service Provider
0
10
20
30
40
50
60
70
80
90
100
1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22
S M B

29. REGI ONAL PERFORMANCE
(Net Revenue, $ Millions)
0
50
100
150
200
250
A M E R I C A S
0
10
20
30
40
50
60
70
E M E A
0
10
20
30
40
50
60
70
80
A PA C

30. OPERAT I NG MARG I N
(Non-GAAP, % Of Revenue)
13.3%
8.6%
6.7%
2.7%
-4.4%
-1.9%
0.7%
-1.6%
-5%
-3%
-1%
1%
3%
5%
7%
9%
11%
13%
15%
1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22

31. EARNI NGS PER SHARE
(Non-GAAP, $ Per Share)

32. CASH BALANCE
(Cash, Cash Equivalents And Short-Term Investments, $ Millions)
$371
$335
$292
$272
$264
$250
$233 $227
$0
$50
$100
$150
$200
$250
$300
$350
$400
1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22

33. APPENDIX