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Defining the Future of Cybersecurity August 2016 The New

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Defining the Future of CybersecurityAugust 2016

The New

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FORWARD LOOKING STATEMENTSThis presentation contains statements which may be considered forward-looking within the meaning of the U.S. federal securities laws, including statements regarding our projected financial and business results, the expected benefits to Symantec, its customers, stockholders and investors from completing the acquisition of Blue Coat, Inc. (“Blue Coat”), including without limitation expected growth, cross-sell and upsell opportunities, earnings accretion and cost savings, statements regarding the share repurchase program and cost reduction efforts, statements regarding Symantec’s planned capital return program, and statements regarding leadership changes in connection with the acquisition and investments and the potential benefits to be derived therefrom.

These statements are subject to known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from results expressed or implied in this presentation. Such risk factors include those related to: the potential impact on the businesses of Blue Coat and Symantec due to uncertainties in connection with the acquisition; the retention of employees of Blue Coat and the ability of Symantec to successfully integrate Blue Coat and to achieve expected benefits; general economic conditions; fluctuations and volatility in Symantec’s stock price; the ability of Symantec to successfully execute strategic plans; the ability to maintain customer and partner relationships; fluctuations in tax rates and currency exchange rates; the timing and market acceptance of new product releases and upgrades; and the successful development of new products,and the degree to which these products and businesses gain market acceptance. Actual results may differ materially from thosecontained in the forward-looking statements in this press release. Symantec assumes 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 section of Symantec’s Form 10-K for the year ended April 1, 2016.

Any information regarding pre-release of Symantec offerings, future updates or other planned modifications is subject to ongoingevaluation by Symantec and therefore subject to change. This information is provided without warranty of any kind, express orimplied. Customers who purchase Symantec offerings should make their purchase decision based upon features that are currentlyavailable.

We assume no obligation to update any forward‐looking information contained in this presentation.

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Threat Landscape Is More Challenging Than Ever

Targeted Attacks on the Rise

Large enterprises have a 38% change of being

targeted for spear phishing

Average attackgoes undetected

for170 days

Just 31% of breaches are found

by the victim organization – the rest are found by a

third party, law enforcement, etc.

Data Is The New Perimeter

With 65% of workloads in the cloud (Amazon Web Services,

Salesforce, Box, Office 365), more of your data is at risk

Data is increasingly accessed from

outside the firewall

Consumers Need Reassurance They Are Safe Online

Online customers don’t know if they can

trust e-commerce websites

Don’t have visibility into attacks on brand

Never Have Enough Time or Resources

Organizations don’t know how they are doing or where to

focus – 96% of alerts never reviewed

Hard to hire the right security talent

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182Mweb attacks blocked last

year

Discovered

430 millionnew unique pieces

of malware last year

12,000+Cloud

applications discovered and

protected

Innovation for the Cloud Generation:Protecting Against Advanced Threats – Global Intelligence Network

175MConsumer and

Enterprise endpoints protected

9 global threat response centers with

3000 Researchers and Engineers

2 Billionemails scanned per

day

1 Billionpreviously unseen

web requests scanned daily

Cloud Global

Intelligence Sourced

From:

100Msocial

engineering scams blocked

last year

1Bmalicious emails

stopped last year

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5

Defining the Future of Cyber Security

Executing Strategy Focused on Cloud Generation Security

Return to Sustainable Organic Top-line Growth with Significantly Improved Profitability

$550 million in Cost Efficiencies and Synergies by the End of Fiscal 2018

Continue to Efficiently Allocate Shareholder Capital

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Protecting Consumers, Businesses and Governments

6

THREATPROTECTIONSOLUTIONS

INFORMATIONPROTECTIONSOLUTIONS

SOC / CYBERSECURITYSERVICES

i

WEBSITE SECURITYCONSUMERSECURITY

Enterprise SecurityConsumer Security

• Best-in-industry protection against

viruses, malware, phishing and

ransomware

• Stay ahead of advanced threats

• Secure sensitive information and critical

documents – on premise or in the cloud

• Raise the bar with our integrated services

• Promote customer confidence with superior

encryption and code signing

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Symantec Enterprise Security Product Strategy

7

Symantec Enterprise Security Group Product Portfolio

Adds scale leader at critical Web

(SWG) control point

Provides additional platform to up-sell

combined portfolio of add on services

Endpoint Protection

Datacenter Protection

Secure Email Gateway

ATP (Endpoint & Email)

Content & Malware Analysis

Threat protection

Secure Web Gateway

SSL Visibility

ATP (Network)

Content & Malware Analysis

+

DLP (Cloud & On premise)

Encryption & Key Management

Managed PKI Service

VIP Access Manager

Information protection

Cloud Access Security Broker (CASB)

Encryption & Tokenization

+

Risk Analysis

Threat Intelligence

Managed Security Services

Incident Response

Security Simulation

Analytics and SOC services

Network Visibility & Forensics

Threat Intelligence

+

Fortifies leading position in DLP

Extends protection to information held in cloud applications Positions

Shield to capture cloud growth

Global web/network intelligence

enriches real time threat intel, enables

richer analytics, and provides deeper

integration for secure outcomes

Sy

ma

nte

cB

lue

Co

at

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A Portfolio to Deliver Cloud Generation SecurityPositioned for a Continued Future of Industry Leadership

Endpoint

Security

Data Leakage

PreventionServer

Security

User

Authentication

Email

SecurityATP

Network

Forensics

Web

Security

Cloud

Security

Encrypted Traffic

Management

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Cloud Generation Security

9

Protection from

Advanced Threats

Securing a Mobile

Workforce

Ensuring Safe

Cloud Usage

Cloud Generation Security

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Headquarters

Data Center

Regional

Office

Users

Innovation for the Cloud Generation:Protection from Advanced Threats

PROTECTION FROM ADVANCED THREATS

PROTECT AND MANAGE ENDPOINTS AND DEVICES

• Proactively block known and unknown threats with machine learning.

SECURE DATACENTER ENVIRONMENTS

• Protect servers, data repositories, and ensure compliance across physical,

virtual and cloud-based workloads

PROTECT WEB & EMAIL

• Inbound and outbound web and email security, with protection against

targeted attacks, spear phishing, advanced malware, spam and bulk mail

MANAGING ENCRYPTION RESPONSIBLY

• Leveraging policy to responsibly decrypt and feed security controls for visibility

DISCOVER AND REMEDIATE• Leverage combined intelligence to automatically remediate impacted assets

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11

Headquarters

Data Center

Regional

Office

Users

Mobile/BYOD/IoT Endpoints

SECURING A MOBILE WORKFORCE

FOLLOW AND PROTECT USERS

• Symantec Intelligent Endpoint + Blue

Coat Cloud Gateway protect users

anywhere they go

GAIN CONTROL AND VISIBILITY

• Leverage cloud-based gateway to

perform endpoint protection for non-

traditional devices

Innovation for the Cloud Generation: Securing a Mobile Workforce

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Mobile/BYOD/IoT Endpoints

12

Headquarters

Data Center

Regional

Office

Users

ENSURING SAFE CLOUD USAGE

PROTECT INFORMATION

• Inspect and classify sensitive content

• Protect content before it leaves organizational control

• Encrypt and tokenize content as it interacts with cloud applications and devices

MANAGE CLOUD APPLICATION USAGE

• Consolidate security control and visibility over sanctioned cloud applications

• Gain visibility into shadow IT computing usage

Innovation for the Cloud Generation: Ensuring Safe Cloud Usage

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SSL

Mobile/BYOD/IoT Endpoints

13

Headquarters

Data Center

Regional

Office

Traditional

Security Stack

Expanding Use of Encryption Creates Blind Spots

Traditional Security Stack Has Lost Significant Visibility As Resources Go

Direct-to-Net

Cloud Applications Causing Organizations to Lose Control Over

Their Resources

Rapidly Growing Landscape of Unprotected Devices

Users

Cloud Applications And Services

The Cloud Generation Security ChallengeA Shifting Expanse of Blind Spots

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Go-To-Market Opportunity

14

Symantec + Blue Coat

Fortune 500

Fortune 2000

Beyond Fortune 2000

Scale Cloud Delivery across Symantec customer base Increase wallet share among the top 1000 customers Cross-sell Blue Coat web security beyond Fortune 1000 Highly complimentary Fortune 500 customer relationships

370,000+ customers 15,000+ customers

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The Blue Coat Evolution

Strategic, Operational, Financial

Product Lines:

› Web Gateway

› Performance

Financial Performance:

› Revenue: $487mm

› Non-GAAP Operating Margin: ~20%

(circa FY’11)

Ticker: NASDAQ: BCSI

(Today)

Go To Market: Refocused partner ecosystem and direct sales force (+50%

since FY’12 to ~600 headcount)

Notable Tuck-In Acquisitions: Solera, Norman Shark, Netronome, Perspecsys, Elastica

Financial Performance:

• FY16 Adjusted Net Revenue: $755mm

Security Platform Comprised of:

• Web Gateway

• Cloud Delivered Gateway

• Content Analysis System

• Performance

• Incident Response & Analytics

• Web Application Firewall

• Encrypted Traffic Management

• Advanced Threat Prevention

• CASB

• Cloud Data ProtectionProduct Lines:

• Web Gateway

• Performance

Financial Performance:

• Revenue: $487mm

Note: Financials presented are Non-GAAP 15

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Track Record of Achievement (April 30 FYE, $mm)

16

$275 $320

$368$436

$643$755

FY15 FY16

Product Service & Subscription

Adjusted Operating Income

Adjusted Net Revenue Adjusted EBITDA

Cash Flows3

Note: Financials presented are Non-GAAP unless noted otherwise below1 Includes litigation costs, retention costs, debt fees and debt extinguishment & refinancing costs2 Includes litigation costs, retention costs and debt fees3 Represents GAAP cash flow from operations4 Represents GAAP interest expense

17%growth

$170 $163

$178$202

FY15 FY16

$187 $179

$196$223

FY15 FY16

$8

$103Interest expense4

$95

$135

FY15 FY16

Adjustments1

Adjustments2

$39

$44$9

$66

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Significantly Enhanced Financial Model

17

Return to Growth:

Business Mix:

Profitability: Substantial improvement in

Enterprise Security profitability

62% Enterprise Security with $2.7 billion revenue38% Consumer Security with $1.7 billion revenue

Platform for sustainable

growth

Expect Fiscal 2018 EPS of $1.70 to $1.80

Note: Financials presented are Non-GAAP

FY16 1Q17

Consumer Security

Revenue $1,670 $403

% Y/Y (CC) (9%) (8%)

Operating Margin 55% 56%

Enterprise Security

Revenue $1,930 $481

% Y/Y (CC) (2%) (1%)

Operating Margin (5%) 6%

Total Revenue $3,600 $884

% Y/Y (CC) (5%) (4%)

Non-GAAP Operating Margin 28.5% 28.6%

Historical Symantec

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SSL 101

Symantec Website Security

An SSL Certificate is:

• A server-based product

• Enables encryption of data in transit

• And provides validation of the certificate holder’s identity

Inspires:

• Assurance of safety and security

• Trust and confidence to transact

Creating:

• Site stickiness

• Business uplift

Website Security Market

Symantec

Offerings

SSLCertificates

Domain Validated

Certificates

Organization Validated Certificates

Extended Validated

Certificates

SSL Discovery and

Certificate Lifecycle Automation

Code signing

OEM

Offerings

Web Application Firewall (WAF)

Distributed denial of service (DDOS)

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DifferentiationSymantec is the Leader

90% of Fortune 500 companies are secured by Symantec SSL/TLS

Symantec issues 7 out of every 10 code signing certificates globally

90%

Norton™ Secured Seal is the most recognized trust mark on the Internet

80% of the 500 largest ecommerce sites in North America are secured by Symantec SSL/TLS

96% of the world’s 100 largest financial institutions are secured by Symantec SSL/TLS

80%

7/1096%

Most Comprehensive Offerings and Solutions

Orientation

Fastest Performance in

Industry with Scale

World Class and Secure Service

Availability

Best Root

Ubiquity

Global Support

Symantec Website Security

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Symantec Website Security: ENCRYPTION EVERYWHERE

Focus on our unique scale & operational viability, our breadth of offerings enabling unparalleled partner upsell opportunities, and customized marketing support to drive

partner growth

Shift the internet to encryption by default… move from

today’s meager 3% encryption to 100%

Shifting to upsell modelAccelerate market share expansion for SSL/TLS

certificates

Rapidly Expand Volume

Drive Double Digit Growth

Secure the World’s Traffic

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Norton Growth Drivers

Benefit from

modest PC

security

market growth

Increasing

threat activity

drives

new users

Additional

services –

WiFi protection and

Identity Theft

Protection

Well-positioned

for growth in the

Consumer IoT

market

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Norton Well-Positioned in the Consumer Security Market

Unrivaled Protection

• 63M devices, 4M SMBs, 11M mobile devices protected

• 2.4T attacks blocked, 600M searches protected each year

Leveraging Intelligence of Combined Enterprise &

Consumer Network

• 175M endpoints, 57M attack sensors, 157 countries

Premium Brand

• 99% aided awareness in US

• Best-in-class unaided awareness in all top markets

Technology Leadership

• Most awards for performance and innovation

• 37x PCMag Editors’ Choice winner

$5.1B

Total Market Size

CY15 CY18

CAGR

+2.4%

WW Consumer Security Norton Competitive Advantage

$5.4B

Source: IDC and Company data

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Norton Security - Award Winning Protection

23

Intrusion Prevention Browser Protection

Smart Firewall

Antivirus Engine AutoProtect Malheur

Domain/IP Reputation File Reputation

SONARBehavioral Signatures

Boot to a clean OSPower Eraser

Proactive Exploit Prevention

File

SystemHardening

Network

Reputation

Behavioral

Repair

Layered Security Approach

PC Magazine Editors Choice

#1 of 18 Products(up from #12 in 2014)

PC, Mac & Mobile Protection Leadership,

Mobile Innovation Award

Ranked #1 in Key Magazine Reviews

Topping Third Party Reviews

AAA rating each quarter

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Capital Structure and Financing

24

$billion Post-Closing

Cash $5.6

Existing debt 2.75

New debt 2.80

Convertible debt 1.75

Net debt $1.7

Amounts in $MM except % Coupon Maturity Principal Balance ($)

Revolver L+150 5/2021 0

Term Loan A-1 L+150 5/2019 1,000

2017 Notes 2.75% 6/2017 600

2020 Notes 4.20% 9/2020 750

2021 Convertible Note (SLP) 2.50% 4/2021 500

2022 Notes 3.95% 6/2022 400

Term Loan A-2 L+150 8/2019 800

Term Loan A-3 L+150 8/2019 200

Term Loan A-5 L+175 8/2021 1,800

2021 Convertible Note (SLP/Bain) 2.00% 8/2021 1,250

Total / Wtd. Avg. 2.53% 7,300

Debt Schedule

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Use of Non-GAAP Financial Information

Our results of operations have undergone significant change due to the impact of litigation accruals, discontinued operations including the gain on the sale of Veritas, stock-based compensation, restructuring, transition and separation matters, charges related to the amortization of intangible assets, and certain other income and expense items that management considers unrelated to the Company’s core operations. The results of operations of Blue Coat have undergone significant change due to the impact of purchase accounting on revenue from prior acquisitions, stock-based compensation, restructuring, transition and integration matters, charges related to the amortization of intangible assets, and certain other income and expense items that management considers unrelated to the Company’s core operations. 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. Non-GAAP financial measures are supplemental, should not be considered a substitute for financial information presented in accordance with GAAP and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. Our management team uses these non-GAAP financial measures in assessing Symantec’s operating results, as well as when planning, forecasting and analyzing future periods. Investors are encouraged to review the reconciliation of our non-GAAP financial measures to the comparable GAAP results, which is attached to our press release and which can be found, along with other financial information, on the investor relations page of our website at: http://www.symantec.com/invest.

25

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26

GAAP RESULTS RECONCILED TO NON-GAAP RESULTS (1)

(Dollars in thousands, unaudited)

Year Ended Year Ended

April 30, 2016 April 30, 2015

Non-GAAP EBITDA

GAAP net loss $ (289,081) $ (15,430)

Plus:

Impact of purchase accounting on net revenue 157,037 11,601

Amortization of intangible assets and purchased technology 165,326 77,006

Acquisition write-up of acquired inventory sold 29,210 -

Depreciation expense 20,438 18,440

Stock-based compensation expense 22,565 2,696

Restructuring and other charges 2,857 1,130

Acquisition fair value adjustments to earn-outs (970) -

Acquisition transaction costs 30,417 1,223

Acquisition integration, transition and other 3,537 5,008

Financial sponsor fees 5,839 3,545

Interest expense, net 103,228 66,396

Income tax provision (benefit) (71,139) 15,104

Adjusted EBITDA $ 179,264 $ 186,719

Adjusted EBITDA % of non-GAAP revenue 24% 29%

(1) For more information about the non-GAAP metrics in this presentation, please see the Appendix to the Press Release that can be found on the investor relations page of our website at: http://www.symantec.com/invest.

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GAAP RESULTS RECONCILED TO NON-GAAP RESULTS (1)

Fiscal Year Ended April 1, 2016 (2)

(Dollars in millions, unaudited)

Non-GAAP pro forma net revenues

GAAP Adj (3) Non-GAAP

Symantec Enterprise Security net revenues $ 1,930 $ - $ 1,930

Blue Coat net revenues 598 157 755

Total pro forma combined Enterprise Security net revenues 2,528 157 2,685

Consumer Security net revenues 1,670 - 1,670

Total pro forma combined net revenues $ 4,198 $ 157 $ 4,355

Enterprise Security as % of total pro forma combined net revenues 60% 2% 62%

(1)For more information about the non-GAAP metrics in this presentation, please see the Appendix to the Press Release that

can be found on the investor relations page of our website at: http://www.symantec.com/invest.

(2) Blue Coat's fiscal year end is within 93 days of Symantec's fiscal year end, therefore Blue Coat's net revenues from its fiscalyear ended April 30, 2016 is combined with Symantec net revenues from its fiscal year ended April 1, 2016.

(3) Adjustment for impact of purchase accounting on net revenues.