2022 Document Cloud Total Addressable Market 2022 Document Cloud TAM ~$13B ~$7B ~$6B Acrobat Applications Document Services Platform 2021 Document Cloud TAM • PDF category growth • eSignatures • Expansion of Acrobat verbs • Embedded PDF-as-a-Service • Migration of perpetual users • Document intelligence ~$7.5B to subscriptions services • New mobile products Source: Adobe, November 2019 • Frictionless web experiences © 2019 Adobe. All Rights Reserved.