Page 1

✓ Norton LifeLock ™ NEWS RELEASE CONTACTS Investor Contact Mary Lai Norton LifeLock Inc. IR @ Norton LifeLock.com Media Contact Jenna Torluemke Norton LifeLock Inc. Press @ Norton LifeLock.com Norton LifeLock Delivers Solid Q2 Results in Fiscal 2022 Product Innovation and Consistent Execution Support Strong Profitability NortonLifeLock Shareholders Overwhelmingly Support the Proposed Merger with Avast TEMPE , Ariz . - November 4 , 2021 - NortonLifeLock Inc. ( NASDAQ : NLOK ) , a global leader in consumer Cyber Safety , today released results for its fiscal year 2022 second quarter which ended October 1 , 2021 . Q2 GAAP Financial Results YoY Q2 GAAP revenue was $ 692 million , up 11 % in USD . Q2 GAAP diluted EPS from continuing operations was $ 0.56 , up 100 % . Q2 GAAP operating margin was 41.5 % , up 480 basis points . Q2 operating cash flow was $ 60 million . Q2 Non - GAAP Financial Highlights and Commentary YoY Revenue of $ 695 million , up 11 % in USD Diluted EPS of $ 0.43 , up 19 % ● ● Operating margin was 52 % , up 200 bps Bookings of $ 681 million , up 7 % in USD Direct customer count of 23.3 million , up 2.6 million " We continue to execute on our strategy and deliver solid results , " said Vincent Pilette , CEO of NortonLifeLock . " Our commitment to product innovation and consistent execution are strengthening our foundation for the future . Today , NortonLifeLock shareholders voted overwhelmingly to support our ongoing transformation through the proposed merger with Avast . We are just getting started . " " With double - digit revenue growth and eight consecutive quarters of sequential customer growth , we continue to deliver consistent performance , " said Natalie Derse , CFO of NortonLifeLock . " Our integrated Cyber Safety platform and ability to execute position us for continued momentum as consumers look to Norton LifeLock to help protect and empower their digital lives . " 1