Secureworks:

A Global Leader in

Cybersecurity

Wendy Thomas, Secureworks President & CEO

Safe Harbor

This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. In some cases, you can identify these statements by such forward-looking words as "anticipate," "believe," "confidence," "could," "estimate," "expect," "intend," "may," "plan," "potential," "outlook," "should," "will" and "would," or similar words or expressions that refer to future events or

outcomes. Forward-looking statements contained in this presentation include, but are not limited to, statements concerning estimates of market size and opportunity, strategic plans or objectives, growth prospects, projections (including the Company's long-term financial model), product roadmap and future initiatives, and the performance and benefits of the Company's products. Such forward-looking statements reflect the Company's current analysis of existing trends and information. These forward-looking statements represent the Company's judgment only as of the date of this presentation. Actual results and events in future periods may differ materially from those expressed or implied by these forward-looking statements because of a number of risks, uncertainties and other factors, including those discussed in the Company's annual report on Form 10-K, as well as in the Company's other filings with the Securities and Exchange Commission. The Company does not undertake to update, and expressly disclaims any obligation to update, any of its forward-looking statements, whether as a result of circumstances or events that arise after the date the statements are made, new information or otherwise.

Product roadmaps do not represent a commitment, obligation or promise to deliver any product, feature or functionality.

Certain information contained in this presentation and statements made orally during this presentation relate to or are based on studies, publications, surveys

and other data obtained from third-party sources. While the Company believes these third-party studies, publications, surveys and other data to be reliable as

• Thisof the dateisof whatthis presentation,a dividerit has not independentlyslideverified,looksand makeslikeno representations. as to the adequacy, fairness, accuracy or completeness of, any information obtained from third-party sources.

Operating Metrics

The Company defines annual recurring revenue (ARR) as the value of its subscription contracts as of a particular date. Because the Company uses recurring revenue as a leading indicator of future annual revenue, it includes operational backlog. Operational backlog is defined as the recurring revenue associated with pending contracts, which are contracts that have been sold but for which the service period has not yet commenced.

Non-GAAP Financial Measures

This presentation presents information about one or more of the following non-GAAP financial measures: the Company's quarterly non-GAAP subscription revenue, non-GAAP subscription cost of revenue, non-GAAP subscription gross profit, non-GAAP subscription gross margin, and the Company's annual non- GAAP revenue, non-GAAP subscription costs of revenue, non-GAAP gross profit, non-GAAP professional services costs of revenue, non-GAAP research and development expenses, non-GAAP sales and marketing expenses, non-GAAP general and administrative expenses, non-GAAP operating income (loss), non- GAAP net income (loss), and adjusted EBITDA, which are non-GAAP financial measures provided as a supplement to the results provided in accordance with accounting principles generally accepted in the United States of America ("GAAP"). Subject to the next paragraph, the Company has provided a reconciliation of

the non-GAAP measures to the most directly comparable GAAP measures in the slides captioned "GAAP to non-GAAP Reconciliations."

• This is what a divider slide looks like.

We do not provide a reconciliation of forward-looking gross margin or adjusted EDITBA to the most directly comparable GAAP financial measures because the

GAAP financial measures are not accessible on a forward-looking basis and reconciling information is not available without unreasonable effort due to the inherent difficulty of forecasting and quantifying certain amounts that are necessary for such a reconciliation. The probable significance of each of these items is high and, based on historical experience, could be material.

(SCWX)

Mission: Secure human progress by outpacing and outmaneuvering the adversary

$517M ~80

LTM Revenue1

Countries

20+ years

175+

Threat actor

Threat groups

intelligence and

monitored

security research

Forrester

IDC

A leader in 2021

A leader in 2021

MDR Wave2

U.S. MDR

MarketScape3

4800 2400

CustomersEmployees

~3000

~98%

Incident Response and

MITRE ATT&CK

Adversarial Testing

Framework

Engagements Annually

coverage

Frost & Sullivan

CRN

Winner 2021 Customer

5-star security

Value Leadership Award

vendor rating

for Taegis XDR4

4

//Secureworks/Confidential - Limited External Distribution

The Costs of Cyber Attacks are Rising

Secureworks has a Solution to the Toughest Challenges

$20B Total Ransomware cost to Business

79% Organizations reported a ransomware attack in the last year $5M Average cost of a breach with a lifecycle over 200 days 3M Gap in available cybersecurity professionals

~$25 Cost of hacking tools on the dark web

Cybersecurity Ventures, June 2022, David Braue

ESG: The Long Road Ahead to Ransomware Preparedness, March 2022

Ponemon Cost of a Data Breach 2021

World Economic Forum, The Global Risks Report 2022

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Disclaimer

SecureWorks Corp. published this content on 26 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 June 2022 14:18:16 UTC.