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Statements in this presentation other than historical data and information constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934, as amended, including, but not limited to, statements regarding (i) Q2 2025 renewal rate expectations, (ii) Domain Name Base change expectations, (iii) our full year 2025 financial guidance for Revenue; Operating Income; Interest Expense and Non-Operating Income, net; Capital Expenditures; and Effective Tax Rate. These statements are based on current expectations and assumptions and involve risks and uncertainties that could cause our actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, attempted security breaches, cyber-attacks, and DDoS attacks against our systems and services; the introduction of undetected or unknown defects in our systems or services; vulnerabilities in the global routing system; system interruptions or system failures; damage or interruptions to our data centers, data center systems or resolution systems; risks arising from our operation of root servers and our performance of the Root Zone Maintainer functions; lower economic growth; our abilit y to compete in the highly competitive business environment in which we operate; any loss or modification of our right to operate the .com and .net gTLDs; changes or challenges to the pricing provisions of the .com Registry Agreement; new or existing governmental laws and regulations in the U.S. or other applicable non-U.S. jurisdictions; new laws, regulations, directives or ICANN policies that require us to obtain and maintain personal information of registrants; economic, legal, regulatory, and political risks associated with our international operations; unfavorable changes in, or interpretations of, tax rules and regulations; risks from the adoption of ICANN’s consensus and temporary policies, technical standards and other processes; the weakening of, or changes to, the multi-stakeholder model of internet governance; the outcome of claims, lawsuits, audits or investigations; changes in internet practices and behavior and the adoption of substitute technologies, or the negative impact of wholesale price increases; our ability to expand our services into developing and emerging economies; our ability to maintain strong relationships with registrars and their resellers; the continuity of our dividend program; our ability to attract, retain and motivate highly skilled employees; and our ability to protect and enforce our intellectual property rights. More information about potential factors that could affect our business and financial results is included in our filings with the SEC, including in our Annual Report on Form 10-K for the year ended Dec. 31, 2024, and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Verisign undertakes no obligation to update any of the forward- looking statements after the date of this presentation. Safe Harbor Disclosure 2
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Our Mission Verisign enables the world to connect online with reliability and confidence, anytime, anywhere We remain fully focused on operating secure, stable, and reliable internet infrastructure, upon which the world depends 4 • Verisign’s Board announced a quarterly cash dividend of $0.77 per share payable to holders of record on 8/19/25 and payment to occur on 8/27/25 • In July we marked 28 years of uninterrupted availability of the .com/.net DNS • Our critical internet infrastructure and the expertise of our teams enable us to reliably and accurately provide the critical DNS navigation service that people around the world rely on more than ever for commerce, work, education, healthcare, and much more • We continue to enhance our critical internet infrastructure, services and capabilities Introduction
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100 110 120 130 140 150 160 170 180 Domain Name Base Millions 5 157.9 million .com names and 12.6 million .net names Domain Name Base(1) 170.5 million names end Q2-25, -0.1% Y/Y Net Change +0.66 million names Q/Q Business Highlights: Domain Name Base 1) The domain name base as presented here is the active zone plus the number of domain names that are registered but not configured for use i n the respective Top-Level Domain zone file plus the number of domain names that are in a client or server hold status. The sum of the .com and .net domain names may not match the total domain name base due to rounding.
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Guidance: Full Year 2025 9 1) Our guidance is based on expectations about the outlook of our business in addition to our financial projections for interest income and expense. 2) Financial forecasts and guidance are forward looking statements, and actual results may vary for any number of reasons including those mentioned in our most recent 10-K, 10-Q and 8-K filings with the SEC. Guidance(1)(2) Prior Domain Base Growth +1.2% to +2.0% -0.7% to +0.9% Revenue $1.645B to $1.655B $1.635B to $1.650B Operating Income $1.117B to $1.127B $1.095B to $1.115B Interest expense and non- Operating Income, Net expense $50M to $60M Unchanged Capital Expenditures $25M to $35M $30M to $40M Effective Tax Rate 21% to 24% Unchanged
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Our strategic framework: Protect Grow Manage has been effective and instrumental in creating and upholding value for internet users, customers and stakeholders 10 • Delivered solid, consistent financial results • Generated $950 million in Free Cash Flow in the 4 quarters ending Q2-2025 • Returned a total of $1,026 million to shareholders of which $953 million were share repurchases and $72 million dividends, in the 4 quarters ending Q2-2025 (1) • We will continue to invest in our critical internet infrastructure while meeting the rigorous standards of performance and availability governed by our agreements with ICANN Summary 1) The sum of these amounts does not match the total due to rounding.
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12 Verisign provides quarterly and annual financial statements that are prepared in accordance with generally accepted accounting principles (GAAP). Along with this information, management typically discloses and discusses certain non-GAAP financial measures on investor conference calls and related events. The non-GAAP financial measures included in this presentation are Adjusted EBITDA and Free Cash Flow. Adjusted EBITDA is a non-GAAP financial measure and is calculated in accordance with the terms of the indentures governing Verisign’s 2027 senior notes. Adjusted EBITDA refers to net income before interest expense, taxes, depreciation and amortization, stock-based compensation, and unrealized gain / loss on hedging agreements. Free cash flow is a non-GAAP financial measure defined as cash flow from operating activities, less capital expenditures. Management believes that these non-GAAP financial measures supplement the GAAP financial measures by providing investors with additional information that allows them to have a clearer picture of Verisign’s operations and financial performance and the comparability of Verisign’s operating results from period to period. The presentation of these non-GAAP financial measures is not meant to be considered in isolation nor as a substitute for financial measures prepared in accordance with GAAP. The tables herein include a reconciliation of the non-GAAP financial measures to the comparable financial measures reported in accordance with GAAP for the given periods. Non-GAAP Financial Measures
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13 Reconciliation of Operating Cash Flow to Free Cash Flow: (1) (In Millions) Reconciliation of GAAP Net Income to Non-GAAP Adjusted EBITDA: 1) The sum of the amounts in the columns and rows may not match the total amounts shown due to rounding. Reconciliation of Adjusted EBITDA & Free Cash Flow
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(In Millions) Classification of Stock-Based Compensation 14