Presented at Analyst Day 2011 by Tom Georgens President and CEO

1. Financial Analyst Day – June 30, 2011
NetApp
Strategic Overview
Tom Georgens
President & CEO

2. Building Business Momentum
Revenue $5.1B
 Broad solutions portfolio
$3.9B  Industry-leading partners
$3.5B
$3.3B
 Distribution in 150 countries
$2.8B
$2.1B
 11,000+ employees
 20% 5-year CAGR
 Net assets: $8.5B
 Cash & investments: $5.2B
FY'06 FY'07 FY'08 FY'09 FY'10 FY'11*
*Represents adoption of new revenue recognition standards in FY11

3. Strong Geo Performance
FY11* Revenue Growth
 Americas 31%
– USPS 47%
– Commercial 26%
 EMEA 29%
 APAC 28%
*Represents adoption of new revenue recognition standards in FY11

4. Separating from the Pack
Most Recent 4 Quarters Revenue Growth
NetApp,
45%
Compared EMC, 17%
to 2 years IBM, 1%
ago
HP, 1%
Dell,
-12%
NetApp, 30%
Compared EMC, 18%
to 1 year IBM, 9%
ago HP, 10%
Dell, 0%
Updated 5.18.11: YoY growth numbers of the storage business
NTAP: FY’11 Apr’11; DELL: FQ2'11-Q1'12 ending Apr’11; HPQ: FQ3'10-FQ2'11 ending Apr’11; EMC: FQ2'10-FQ1'11 ending Mar’11; IBM FQ2'10-FQ1'11 ending Mar’11.

5. Growing Market Share
FAS Revenue Market Share
35%
EMC 30.8%
30%
25%
20%
NetApp 16.1%
15%
IBM 11.5%
10%
HP 10%
5% Dell 7.5%
0%
2004 2005 2006 2007 2008 2009 2010 YTD'11
Source: IDC, June 2011; FAS equals the combined NAS and SAN markets

6. NetApp Momentum in Virtual Environments
Forrester Global Virtual Server Environments Surveys
Q: Which vendor(s) supplied the networked storage used for your virtual server environment
2008 2010
“Storage Choices For Virtual Server Environments”, Forrester Research “Storage Choices For Virtual Server Environments, Q1, 2011”, Forrester
Inc., January 15, 2009 Research Inc., March 15, 2011

7. Culture as a Competitive Differentiator
North America EMEA APAC
Canada #2 Switzerland #2 Australia #3
USA #5 United Kingdom #2 Japan #8
France #4 India #10
Netherlands #5
Germany #8

8. Opportunity

9. Growth Companies of Scale
Fortune 1000 + Global 2000 High Tech Companies with $5B+ revenues and 20%+ five year organic CAGR

10. Multiple Growth Opportunities
 Large growing market
 No dominant player
 Significant opportunity in S5000 and MSE
 Many under-penetrated geographies
 Abundant partner opportunities
 Emerging high growth workloads
We can double in our current markets

11. How We Think about Acquisitions
Acquisition Criteria
 Affinity
 Adjacency

12. Framework
for Growth

13. Framework for Growth
 Establishing indisputable innovation leadership in
our chosen markets
 Building the GTM breadth to exploit
the technology advantage
 Building the support, services and processes
scale to support growth
 Developing the best team possible

14. Framework for Growth
 Establishing indisputable innovation leadership in
our chosen markets
 Building the GTM breadth to exploit
the technology advantage
 Building the support, services and processes
scale to support growth
 Developing the best team possible

15. Innovation Fuels Our Growth
FY95 FY00 FY05 FY10
Shared Virtual
Infrastructure
 Unified
Storage Architecture
Efficiency at Scale
 Private &
Business Public Cloud
Applications
 Big Data
Tech
File Computing
Services
Revenue

16. Framework for Growth
 Establishing indisputable innovation leadership in
our chosen markets
 Building the GTM breadth to exploit
the technology advantage
 Building the support, services and processes
scale to support growth
 Developing the best team possible

17. Framework for Growth
 Establishing indisputable innovation leadership in
our chosen markets
 Building the GTM breadth to exploit
the technology advantage
 Building the support, services and processes
scale to support growth
 Developing the best team possible

18. Channel Diversification
Selling How Customers Want to Buy
IT-as-a-Service/Cloud
Global/Federal Systems Integrator
Distributor/VAR
Full Line Supplier/OEM
Direct

19. Innovation Stack
Applications
Management
OS & Virtualization
Server & Networking
Storage

20. Framework for Growth
 Establishing indisputable innovation leadership in
our chosen markets
 Building the GTM breadth to exploit
the technology advantage
 Building the support, services and processes
scale to support growth
 Developing the best team possible

21. Framework for Growth
 Establishing indisputable innovation leadership in
our chosen markets
 Building the GTM breadth to exploit
the technology advantage
 Building the support, services and processes
scale to support growth
 Developing the best team possible

22. Framework for Growth
 Establishing indisputable innovation leadership in
our chosen markets
 Building the GTM breadth to exploit
the technology advantage
 Building the support, services and processes
scale to support growth
 Developing the best team possible

23. FY’12 Priorities
 Expand our market share
 Drive business velocity by innovating everywhere
 Strengthen our culture as a sustainable differentiator