October 26, 2016

Corporate Overview

2

Safe Harbor Disclosure This presentation contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Specifically, forward-looking statements within the meaning of the Safe Harbor include statements concerning: future financial performance; projections on market share and market growth; future market opportunities; NETGEAR's products and technology and their expected performance characteristics, specifications and specific uses; and anticipated new product offerings and features. These statements are based on management's current expectations and are subject to certain risks and uncertainties, including, without limitation, the following: future demand for NETGEAR's products may be lower than anticipated; consumers may choose not to adopt NETGEAR's new product offerings or adopt competing products; the actual price, performance and ease of use of NETGEAR products may not meet the price, performance and ease of use requirements of customers; product performance may be adversely affected by real world operating conditions; new cyber threats may challenge the effectiveness of features in NETGEAR's products; the ability of NETGEAR to market and sell its products and technology, the impact and pricing of competing products, and the introduction of alternative technological solutions; NETGEAR may be unsuccessful or experience delays in manufacturing and distributing its new and existing products; telecommunications service providers may choose to slow their deployment of NETGEAR's products or utilize competing products; NETGEAR may be unable to collect receivables as they become due; and NETGEAR may fail to manage costs. 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 its business 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,” pages 42 through 62, in the Company's quarterly report on Form 10-Q for the fiscal quarter ended July 3, 2016, filed with the Securities and Exchange Commission on August 5, 2016. NETGEAR undertakes no obligation to release publicly any revisions to any forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

All product and company names herein are or may be trademarks of their respective owners.

Mission

Be the innovative leader in connecting the world to the Internet.

3

4

Strategy for Growth

Superior

Worldwide

Distribution

Innovative

Technologies in

New Categories

Brand

Strength

5

Innovative Technologies in New Categories

2013 2014 2015 2015

Set the standard for premium WiFi

The industry’s first tri-band WiFi router

Designed specifically for fast-paced gaming

With patent-pending Active Antennas

The Original Nighthawk Nighthawk X6 Nighthawk X4S Nighthawk X8

Nighthawk - Innovation in Premium WiFi

Nighthawk X10

AD7200 Smart WiFi Router

®

Introducing the

New Ultra High Speed 802.11ad

1.7GHz Quad Core Processor

Plex Media Server Support

Ultimate 4K Streaming & VR Gaming

MSRP $499.99

2015 2015 2016

Delivers Nighthawk performance to cable subscribers

The first WiFi extender in the Nighthawk family

The first wall-plug extender with MU-MIMO

Nighthawk WiFi Cable Modem Nighthawk WiFi Range Extender Nighthawk X4 WiFi Range Extender

Nighthawk - Innovation in Premium WiFi

Every Angle Covered – Arlo Cameras

The World’s First Wire-Free Security Camera

Arlo™

Named 2016 “Best Security Camera Overall” By Tom’s Guide

Arlo Q™

Designed specifically for small businesses

Arlo Q Plus™

All with 7-days of free cloud storage!

Introducing Arlo Pro

All the great Arlo Wire-free features and more!

Simply add Arlo Pro cameras to your existing setup

Introducing Rechargeable Batteries

Wire-free with 2-way audio

100+ decibel siren in hub for full home security

Seamless mesh WiFi

Dedicated extra 5GHz

band for WiFi intelligence

WiFi speeds up to 2x

competing solutions

The World’s First Tri-Band WiFi System

Covers homes up

to 4,000 sq. ft.

Meet Orbi

Industry’s first Gigabit Unmanaged Switches

2000

A History of Innovation in

SMB Switching

World’s first Smart Switch

2003

World’s first Stackable Smart Switch

2005

First full featured Smart Switch

2007

Industry’s first Lightly Managed

Plus Switch

2010

First Smart Switch with 10-Gigabit

2011

First all 10-Gigabit Smart Switch

First all 10-Gigabit

Plus Switch

2013

World’s First Click Switch for Flexible Mounting

2014

First 28-Port 10-Gigabit Smart Switch

Captures #1 Position

in Web-Managed Ethernet Switching

2015

Leadership in 10-Gigabit Switching

Fully Managed

Switches

“Smart” Fully

Web Managed

Switches

“Plus” Lightly

Web Managed

Switches

10GbE for mobility, voice, video and virtualization!

PoE – one wire for power and connectivity!

Unique “Spine & Leaf” Stacking – increased scalability!

Easy mounting – flexible form factors!

14

Brand Strength

15

High End WiFi Router Market Share NPD, AC1800-AC3200, US 3Q16

46%

26%

17%

9% 1%

1% 0% 0% 0% NETGEAR

Linksys Group

ASUS

TP-LINK

D-Link

Belkin

Synology

TRENDnet

All Others

Source: The NPD Group / U.S. Weekly Retail Tracking Service, Routers, Multiband Transmission Speed: 1800 Mbps- 5334 Mbps,

Wireless Technology: 802.11ac, July 3, 2016- Oct. 1, 2016, based on dollar share

16

IP Camera Market Share NPD, US 3Q16

27%

13%

10% 9%

6%

6%

6%

1%

5%

3%

14% NETGEAR

Nest / Dropcam

Swann Communications

Samsung

Night Owl Security

Lorex

Amcrest Technologies

Guardzilla

Canary Communications

D-Link

All Others

Source: The NPD Group / U.S. Weekly Retail Tracking Service, July 3, 2016- Oct. 1,

2016, based on dollar share

17

Core Switches Market Share NPD, Retail, US 3Q16

58%

14%

5%

6%

5%

4%

3% 1% 0% 1%

2%

NETGEAR

TP-LINK

Ubiquiti Networks

Cisco Systems

Linksys Group

TRENDnet

D-Link

Zyxel

Buffalo Technology

Hewlett Packard

All Others

Source: The NPD Group / U.S. Weekly Retail Tracking Service, Networking Devices,

Hubs, Switches, July 3, 2016- Oct. 1, 2016, based on dollar share

18

Superior Worldwide

Distribution

Global Brand and Distribution Biggest Competitive Advantage

66% 18% 16%

WORLDWIDE: 28,000 retail outlets 27,000 VARs

Geographic net revenue breakdown for 3Q16

19

20

Financials

21

Quarterly Net Revenue Trend (Net Revenue, $ Millions)

$353 $353

$309

$289

$342 $361

$310 $312

$339

$0

$50

$100

$150

$200

$250

$300

$350

$400

Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

2014 2015 2016

22

Segment Performance (Net Revenue, $ Millions)

$131

$148

$121 $132

$164

$198

$158 $171

$194

$0

$20

$40

$60

$80

$100

$120

$140

$160

$180

$200

$220

Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

$150

$126 $115

$94

$113

$99

$84

$67 $71

$0

$20

$40

$60

$80

$100

$120

$140

$160

Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

$72

$79 $73

$63 $65 $64 $68

$74 $73

$0

$20

$40

$60

$80

$100

Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

Retail

Commercial

Service Provider

2014 2015 2016 2014 2015 2016

2014 2015 2016

23

Regional Net Revenue Performance (Net Revenue, $ Millions)

Americas

APAC

EMEA

2014 2015 2016 2014 2015 2016

2014 2015 2016

$194 $195

$174 $172

$220 $232

$194

$211 $225

$0

$40

$80

$120

$160

$200

$240

Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

$108 $106

$89

$68

$78 $87

$65

$52 $60

$0

$20

$40

$60

$80

$100

$120

$140

Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

$51 $52

$46 $48

$44 $42

$52 $49

$53

$0

$10

$20

$30

$40

$50

$60

Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

24

Operating Margin (Non-GAAP, % of Revenue)

10.6% 10.1%

9.2%

7.1%

10.3% 10.8%

11.9% 11.6% 11.5%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

2014 2015 2016

2014 2015 2016

$0.72

$0.65

$0.46

$0.29

$0.67

$0.83

$0.74 $0.72

$0.76

$0.00

$0.10

$0.20

$0.30

$0.40

$0.50

$0.60

$0.70

$0.80

$0.90

Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3

25

Earnings Per Share Trend (Non-GAAP, $ per Share)

26

Cash Balance (Cash, Cash Equivalents and ST Investments, $ Millions)

$243 $257

$247

$213

$264 $278

$333 $353

$403

$0

$50

$100

$150

$200

$250

$300

$350

$400

$450

3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16

27

Return of Capital

29.0

30.0

31.0

32.0

33.0

34.0

35.0

36.0

37.0

38.0

39.0

$0.00

$20.00

$40.00

$60.00

$80.00

$100.00

$120.00

$140.00

FY'12 FY'13 FY'14 FY'15 YTD Q3'16

Sha

res, M

illion

s $

US

D, M

illio

ns

Share repurchase ($) FCF Common Stock Outstanding