Supply Chain Management May 3 rd 2018 1

Supply Chain Management May 3 rd 2018 1 | © 2017

Ming Chao Snapshot § Information Systems Management (ISM), BS, UC Santa Cruz, 2004 § Master Business Administration, MBA, Santa Clara University, 2010 § Infinera 2017 – Present § Currently Position – Director, Logistics and Global Trade Compliance § Held various positions in project/program management, auditing, consulting and trade compliance § Seagate, Netapp, Expeditors 2 | © 2017

Company Snapshot § Founded in 2000 § FY 17 revenue: $740 million § GAAP gross margin: 32. 9% § Pioneer in large scale photonic integrated circuits § Vertically integrated with own fab in Sunnyvale 3 | © 2017

About Infinera Hardware Center Beijing R&D Center Bangalore Global HQ Silicon Valley Coherent Design Ottawa R&D, Packaging Allentown, PA Metro Stockholm Optical Architecture Annapolis Junction, MD Innovator Global Leader Only company to design and manufacture large Recognized for technology leadership, -scale photonic integrated circuits (PICs) Provides integrated and disaggregated optical transport systems for terabit communications Over 500 patents filed/granted around technology and process innovation 4 | © 2016 2017 Infinera world-class quality and customer-centric focus accelerating time to revenue Comprehensive support services to a global customer base 2, 350+ employees around the globe focused on customer success

Infinera’s Journey 2000: Infinera founded, promises to do the impossible: PICs 2007: 10 G wave market leader (47%)*, completed IPO 2004: Introduced industry’s first large scale PIC 2000 … 2004 2005 … 2007 2005: Shipped 10 G PIC-based DTN, rapidly reaches $100 M 5 | © 2017 2012: Shipped 500 G PIC-based DTN-X 2008: #1 market share in NA LH* 2008 … 2010 … 2012 2010: Leapfrogs 40 G, invests in 100 G 2016: Introduction of Infinite Capacity Engine in Cloud Xpress 2 and new DTN-X platforms to power Cloud-scale networks Infinera validates 2017: New subsea DTN-X interoperability platforms to power with white box cloud scale networks open line system New optical mobile transport solutions pave 2013 2014 2015 2016 2017 the way to 5 G Infinera Instant Network 2014: 2015: Introduced - the next generation of Introduced Sliceable Photonics software defined capacity for cloud scale Cloud Xpress Infinera acquires networks for DCI Transmode * Dell’Oro DWDM Long Haul Reports

Submarine Cable 6 | © 2017 https: //www. submarinecablemap. com/

US Long-Haul Fiber-Optic Cable Network 7 | © 2017

Submarine Cable 8 | © 2017

Submarine Cable 9 | © 2017

Landing Site 10 | © 2017

Solid Industry Adoption Xceed software suite and Cloud Xpress 2 introduced 160% 140% New Metro portfolio introduced 120% 100% Cloud Xpress for 100 G DCI 80% 60% 40% 129% 55% XT-3300, XT-3600 Meshponders, upgrade XTC-10 and XTC-4, MTC-6 Flex. ILS chassis and 20 -port Flex. ROADM 2 x faster growth than closest competitors DTN-X for 100 G Long-haul INFN CIEN JNPR 20% CSCO ADV 0% -20% Jun '12 11 | © 2017 Dec '12 Jun '13 Dec '13 Jun '14 Dec '14 Jun '15 Dec '15 Jun '16 Dec ‘ 16

Infinera Unified End-to-End Portfolio INFINERA XCEED SOFTWARE SUITE AND DNA LONG-HAUL / SUBSEA METRO ACCESS Mobile Front/Backhaul REGIONAL AGGREGATION CORE XTC-4 Triple Play XTG Series Cable Broadband NID TM-3000 EDU XTC-2 TM-301 TM-102 XTM Series Business Ethernet CX CX 2 Cloud Xpress Family Data Center XTC-2 E DTN-X Family: XTC Series XT-500 XT/S-3300 DTN-X Family: XT /S Series DC INTERCONNECT INFINERA OPEN FLEXIBLE GRID LINE SYSTEM 12 | © 2017 XT/S-3600 XTC-10

Fully Addressing the Optical Transport Market Long-haul 100 G 13 | © 2017 Infinera Position #1 Worldwide Long-haul 100 G Market Share Excluding China (2012 -2016) Data Center Interconnect #1 Worldwide Purpose-Built DCI Market Share (2016) Metro #1 Worldwide Metro 100 G Ports Growth (2015 Over 2016) Sources: Dell’Oro 020 A Long Haul Vendor Table Q 4 -16, assumes 50% of Huawei & ZTE revenue in China; Ovum Market share spreadsheet 4 Q 16 and 2016 Global ON; Dell’Oro 019 A Metro Vendor Table Q 4 -16

Global Customer Base Across Optical Transport Markets Over 600 customers spanning six continents 14 | © 2017 Three of the top four Internet Content Providers Leading North America and Pan-European wholesale operators Six of the top seven global cable operators Tens of thousands of km of submarine cable lit

Technology Leadership Infinera Uniquely Delivers Massive Scale Conventional Approach Industry’s only large-scale photonic integrated circuit Moore’s Law-like for Optical 15 | © 2017 The Infinera Experience

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Sourcing Manufacturing Warehousing Distribution Services United States China Other Asian countries Europe 18 | © 2017 Assembly in United States Warehouse facility in N. Cali or Amsterdam Direct sales force Warranty return, trade in program, service contract

Thank You 19 | © 2017