Slide 1: Q1-2026 Business Update
Q1-2026 Business Update Kevin Simzer Chief Operating Officer
Slide 2: Our Evolved Business Structure
Our Evolved Business Structure Enterprise Digital Life AI Security Automotive & Operating Technology Security Protection Consulting Robotics Security (OT) Security Business Unit Business Unit Majority Owned Majority Owned Minority Owned 2 | ©2026 Trend Micro Inc.
Slide 3: TrendAI Partners with Anthropic and NVIDIA in AI Security
Launched formally at RSAC in San Francisco on March 23rd and Tokyo on April 15th, 2026 TrendAI™ Partners with Anthropic to Extend Leadership in AI Security Trend Micro's enterprise business accelerates its transformation as AI security category leader TrendAI™ to Secure Enterprise Adoption of Agenti
Slide 4: Trend Micro Introduces TrendLife for Families in the AI Era
Launched formally in Tokyo on April 15th, 2026 Trend Micro Introduces TrendLife™ for Families in the AI Era Empowering families to navigate the possibilities and challenges of AI in their digital lives Focus on Digital Life Protection & now Frank Kuo, CCBO & Head of TrendLife Family AI Safety Jason
Slide 5: Growing the Opportunity, Building the Ecosystem
Growing the Opportunity Building the Ecosystem 7 of the global top 20 Robotic AI Solution w/ NVDIA Omniverse Plugin passenger vehicle brands Trend Micro & WDH Launch Magna AI, A Full-Value -Chain Global 2 of the global top 20 Enterprise AI Transformation Factory commercial vehicle brands Magna AI Po
Slide 6: Q1-2026 Results
Q1-2026 Results Net Sales: Operating Margin: Solid net sales growth and +9% YoY* 21%* strong operating margin Incubation Net Sales: Net Sales: Net Sales: +11% YoY* +5% YoY* -42% YoY* Vision One ARR Digital Life Protection ARR Q1 Investment +50% YoY ** +49% YoY ** 817M JPY Growth fueled by ongoing Gr
Slide 7: Our 2028 Growth Strategy
High Growth Medium Growth 8% 5% Our 2028 CAGR 2025-2028 CAGR 2025-2028 Growth Hyper Growth Exit Strategy TrendAI Legacy SaaS 130%+ CAGR 2025-2028 7 | ©2026 Trend Micro Inc. * Growth from 2025-2028. Post-GAAP at $1USD= 155.95 yen
Slide 8: Annual Recurring Revenue (ARR)
Annual Recurring Revenue (ARR) $1.7B* +3% YoY 5% Incubation CAGR $455K TrendLife $372M $1.4B -1% YoY TrendAI $371M $1.3B +4% YoY $1B Q1 Q1 Q1 Q1 Q1 2022 2023 2024 2025 2026 8 | ©2026 Trend Micro Inc. * ARR at constant currency: 1USD= 155.95 yen. Non-GAAP and reference for internal management
Slide 9: Trend Micro - Road to 2028
Trend Micro - Road to 2028 2023 (1) 2024 2025 Q1’26 2028E (2) 2026 Net Sales Growth % 11% 10% 1% 9% 9% 8-10% Guidance COGS % of Revenue(3) 22% 20% 20% 21% 18-20% S&M % of Revenue(3) 37% 34% 33% 33% 31-33% R&D % of Revenue(3) 17% 18% 17% 17% 15-17% G&A % of Revenue(3) 8% 8% 8% 7% 6-8% 2026 Operating
Slide 10: The Industry-Leading AI Security Platform
ss Gt Al App Security « TrendAl ss Cloud Security S Data Security Vision One IwA Email Security Services The Industry-Leading Al Security Platform a — Endpoint Security R & Identity Network Security Security @ TREND:
Slide 11: Q1-2026 Status
Q1-2026 Status Annual Recurring Revenue (ARR) $1.3B* +4% YoY $1.1B Net Sales: +11%** Q1-2022 Q1-2023 Q1-2024 Q1-2025 Q1-2026 * ARR at constant currency: (1USD= 155.95 yen - company internal exchange rate for FY2026). Excludes ARR from CloudEdge retrospectively due to segment shift to TrendLife. Non-
Slide 12: Q1-2026 Regional Vision One ARR
Q1-2026 Regional Vision One ARR Non-Vision One Country by $ARR YoY% Vision One #1 US +38% $399M #2 Japan +100% $397M $381M $363M #3 Germany +41% $293M #4 Brazil +36% $290M #5 OLAR +31% $243M $249M #6 Italy +57% #7 India +89% #8 Iberia +46% $191M $159M $160M #9 UK & Ireland +67% $128M #10 France +41%
Slide 13: Go-to-Market Motions
Go-to-Market Motions Managed Service Channel Partners Partners & Marketplaces 13 | ©2026 Trend Micro Inc.
Slide 14: Growing Managed Service Provider Traction
Growing Managed Service Provider Traction Trend Vision One for MSPs 290+ 48% 8X Strategic MSPs Have Adopted Average ARR* Now Selling Cyber Risk Exposure Per Partner Vision One Management (CREM) * ARR at constant currency: (1USD= 155.95 yen - company internal exchange rate for FY2026). Excludes ARR f
Slide 15: Growing Enterprise Vision One ARR
Growing Enterprise Vision One ARR Annual Recurring Revenue (ARR) Non-Vision One Perpetual $1.2B* Q1-2026 Platform Highlights Non-Vision One Subscription +6% YoY Vision One 13.6K Vision One Customers with 48% attach $897M $331M -3% YoY $357M $293M -26% YoY 123% Vision One NRR $463M $547M +50% YoY 86%
Slide 16: The Power of the Platform
The Power of the Platform VISION ONE SOLUTION RETENTION ARR CUSTOMERS ADOPTION RATE IMPACT* Top Expansion Solutions 41% 82% 1X • • Cyber Risk Exposure Management AI SOC (SIEM/SOAR) • Endpoint • Cloud 16% 90% 2X • Services • Email 10% 91% 3X Cyber Risk Exposure Management now with 6000 customers (+14
Slide 17: Q1-2026 Platform Wins
Q1-2026 Platform Wins $1.5M $248K $227K $234K Education Transportation Government Environmental Challenges: Challenges: Challenges: Challenges: • Too many siloed tools • Critical legacy infrastructure • Limited budget & talent • Containing security • Lack of visibility concern • SIEM & SOC integrati
Slide 18: Q1-2026 Status (TrendLife)
Q1-2026 Status Annual Recurring Revenue (ARR) $372M* $371M -1% YoY Net Sales: +5%** Q1-2022 Q1-2023 Q1-2024 Q1-2025 Q1-2026 * ARR at constant currency: (1USD= 155.95 Yen ). Includes ARR from CloudEdge retrospectively due to segment shift to TrendLife. Non-GAAP and reference for internal management,
Slide 19: Q1-2026 ARR by Solution
Q1-2026 ARR by Solution Annual Recurring Revenue (ARR) Digital Life Protection Q1-2026 Highlights CloudEdge Traditional $372M* -1 YoY $129 Digital Life Protection* ARR @ +49%, Million* representing 35% of total TrendLife ARR $332M $231M -17% YoY $33.3 Overall TrendLife ARPU +2% YoY** $12M, +7% YoY $
Slide 20: Investing in AI security for physical vehicle and robotics
Investing in AI security for physical $50B Addressable vehicle and robotics Market Sovereign Cloud IaaS Spending by Region Source: Gartner, Feb 2026 MENA 98% Investing building Sub-Saharan Africa 95% Mat ure APAC 93% opportunity in top Japan 87% Regions Europe 83% countries for AI L. America 84% spe
Slide 21: Positioned for Growth
Positioned for Growth Incubation • Broadest AI Security • Focused on Digital Life • Investing in exciting new platform with deep Protection AI market opportunities industry partnerships • Upcoming Family AI with large potential • New GTM investments Security offering will (4,665M JPY in 2026) drivin
Slide 22: Q1-2026 Business Update
Q1-2026 Business Update Kevin Simzer Chief Operating Officer