Business Momentum Digital Media ARR & Revenue $10 • Momentum continues with expected record net new $8 ARR in FY2019 • Multiple drivers contributing s $6 to accelerated ARR n o lli i performance B $ $4 • Creative Cloud growth $2 continues • Adobe Document Cloud $0 revenue growth FY2016 FY2017 FY2018 FY2019E accelerates after move to ARR subscriptions Source: Adobe; FY2019E reflects FY2019 YTD results and Q4FY19 financial targets; FY2019 ARR is based on November 2018 FX rates held constant through the year; FY2016-FY2018 ARR amounts are based on revalued FX rates exiting each fiscal year © 2019 Adobe. All Rights Reserved.