STRATEGY PEACE OF MIND AS A SERVICE Samu Konttinen, CEO

STRATEGY PEACE OF MIND AS A SERVICE Samu Konttinen, CEO

MEGATRENDS CONTINUE TO SUPPORT OUR STRATEGY REGULATION GEOPOLITICS CLOUDIFICATION CYBER ATTACKS Increasing demand for cyber security products and services DIGITALIZATION NEED FOR DETECTION AND RESPONSE NEED FOR AN INTEGRATED OFFERING NEED FOR OUTSOURCING 2

CORPORATE SECURITY IS DRIVING THE INDUSTRY Market size, USD billion 160 000 140 000 120 000 B2B CAGR 10% MANAGED DETECTION AND RESPONSE 1) Fast growth ENDPOINT PROTECTION & EDR 2) Accelerating VULNERABILITY MANAGEMENT 2) Growth SECURITY CONSULTING 2) Growth 100 000 80 000 60 000 40 000 0.4 BILLION 5.0 BILLION 0.9 BILLION 19.0 BILLION 20 000 0 CONSUMER CAGR 4% 2016 2017 2018 2019 2020 2021 2022 CAGR 2017-22 31.6% CAGR 2016-22 6.0% CAGR 2016-22 7.4% CAGR 2016-22 9.9% Corporate security services Consumer security products Corporate security products Source: Gartner, Forecast: Information Security and Risk Management, Worldwide, 2016-2022, 3Q18 Sources: 1) CAGR 2017-2022https://www.marketsandmarkets.com/PressReleases/managed-detection-and-response.asp (November 2017) 2) CAGR 2016-2022 Gartner, Forecast: Information Security and Risk Management, Worldwide, 2016-2022, 3Q18 (November 2017) 3

CORPORATE SECURITY IS NOW OUR LARGEST BUSINESS F-Secure revenue EUR million 100 90 80 70 60 50 40 30 20 10 0 54 94 96 98 63 B2B CAGR +18% 72 2015 2016 2017 Corporate security became the largest contributor to revenue in Q3 27 24 Q3/2018* Corporate security Consumer security 4 * Including the acquisition of MWR InfoSecurity on 2 July 2018.

INCREASING SHARE OF OUR B2B SOLUTIONS ARE ADDRESSING FAST GROWTH MARKETS Endpoint protection Order Intake, % of total 100% 90% 80% 70% 60% 57% 50% 40% 39% New cyber security solutions 30% 20% 10% 0% 29% 18% 10% 2014 2015 2016 2017 2018 YTD Last 3M 5 * Includes cyber security services, detection and response solutions, vulnerability management solutions and other corporate solutions Endpoint protection (EPP) New cyber security solutions

OUR UNIQUE MIX OF SOLUTIONS PREDICT PREVENT DETECT & RESPOND Cyber security consulting 2016 2018 2018 2016 2018 Vulnerability management Anti-phishing behavioral management Endpoint protection Endpoint detection and response Managed Detection & Response Managed Threat Hunting Radar Phishd Protection Service for Business Rapid Detection & Response (EDR) Countercept (MDR)* 6 * Including RDS

EXAMPLE OF A MIDMARKET CUSTOMER OPPORTUNITIES FOR CROSS-SELL 5-7 x 2,5-4 x 1 x Endpoint protection (EPP) only Integrated suite with EDR (EPP, Vulnerability management, EDR) Integrated suite with MDR 7

WE HAVE UNIQUE VISIBILITY INTO REAL-LIFE ATTACKS IN ALL MARKETS Data from millions of endpoint worldwide World-renowned F-Secure Labs 24/7/365 Incident Response 8

OUR MAN & MACHINE APPROACH OFFERS UNIQUE COMPETITIVE ADVANTAGE Human orchestration ADVANCED THREATS MASS ATTACKS Detection & response technology Prevention technology Human skills and services Technology drives the scale Volume of attacks 9

EMERGING NEW SOLUTIONS ARE DRIVING GROWTH IN THE CONSUMER SECURITY MARKET USD million 9 000 8 000 CAGR +4% 7 000 6 000 5 000 VPN & Privacy Connected Home Security 4 000 3 000 2 000 1 000 0 2016 2017 2018 2019 2020 2021 2022 Multi-device Security Password Management Source: Gartner, Forecast: Information Security and Risk Management, Worldwide, 2016-2022, 3Q18 10

STRENGTHS OF F-SECURE S CONSUMER SECURITY BUSINESS EFFICIENT GO-TO- MARKET GLOBALLY NEW MARKET OPPORTUNITIES CROSS-SELL AND UPSELL OPPORTUNITIES IMPROVING BUSINESS METRICS Global market leader in proving security via around 200 operators A front runner digital home security solutions Complete security & privacy offering addressing consumers needs Strong and sustainable business model (AARPU, activations, renewals) 11

WE ARE ON THE RIGHT TRACK FOCUS AREAS Enterprise-grade cyber security Market leadership in advanced detection and response solutions Increase share of wallet by cross-selling and upselling with the integrated cyber security suite Continued growth and excellence in cyber security consulting Addressing new opportunities in consumer security 12