Business Momentum Share Repurchase $3 505 ) s n ) io l ns il 500 o B i l l ($ i e M s ( a$2 495 g ch n ur andi ep t s t e R 490 u r $2.75B O a s h e S ar r$1 $2.05B h o 485 S F e ed g s ra U $1.08B $1.10B e h 480 v s A a C $0 475 FY2016 FY2017 FY2018 FY2019E Cash Used for Share Repurchase Average Shares Outstanding Source: Adobe; FY2019E reflects FY2019 YTD results and committed stock repurchase funding as noted in our Form 10-Q for Q3FY2019 filed in September 2019 © 2019 Adobe. All Rights Reserved.