Cisco Systems, Inc. - Special Call - SEHK:4333

SEHK:4333

**- Emily Hunt, Investor Relations Manager of Cisco, introduced Gary Steele, President of Go-to-Market, who leads a unified organization across Cisco's sales, partner, and global marketing teams to accelerate outcomes for customers.

• Gary Steele previously served as CEO of Splunk for 2 years and was the founding CEO of Proofpoint.

• Emily noted that the call may include forward-looking statements, and actual events or results may differ materially from those statements due to risks and uncertainties outlined in Cisco’s filings, including Forms 10-K and 10-Q.

• She encouraged participants to submit questions during the call using the chat function within Webex or by emailing Matthew Hedberg directly.**

**- Gary L. Steele joined Cisco 6 months after the Splunk acquisition and was promoted to President of Go-to-Market 4 months ago.

• He believes the acquisition thesis is proving successful, with Splunk playing a crucial role in Cisco’s digital resilience and security offerings.

• His focus is on unifying Cisco’s story under a "One Cisco" message, simplifying the narrative, and aligning resources to growth opportunities.

• Cisco is seeing customers upgrade their networks for AI, leading to larger deals.

• Integration efforts include combining Splunk with Cisco’s XDR solution and Talos threat intelligence, enhancing Splunk’s capabilities.

• The company is leveraging its global reach to expand Splunk’s presence in international markets.

• Cisco is focusing on integration and software, with a unified product leadership under Jeetu Patel.

• The company is addressing the slower growth in networking due to supply chain issues and customer digestion.

• Cisco is driving the integration of Splunk into its buying programs, offering consistent discount structures.

• The company is introducing new capabilities like Hypershield, which combines networking and security.

• Cisco is well-positioned in the security market, particularly with its XDR and SASE solutions.

• The company is addressing observability with the integration of AppD and Splunk, leveraging Cisco’s network insights.

• Cisco is investing in AI, including unified AI assistance across products and infrastructure support for AI workloads.

• Gary emphasizes the importance of delivering strong software outcomes and growth numbers to drive investor confidence.**