Business Momentum Operating Cash Flow $5 • Sustained growth in $4 Operating Cash Flow (OCF) s n • OCF growth drives capital io l il $3 B management strategy, $ $4.03 investment in existing $2 $2.91 business, evaluation of $2.20 inorganic opportunities and return of capital to $1 shareholders FY2016 FY2017 FY2018 FY2019E Source: Adobe; FY2019E reflects FY2019 YTD results and Q4FY2019 financial targets © 2019 Adobe. All Rights Reserved.