Market Overview

F5 Networks Appoints Michel Combes to Board of Directors

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F5
Networks
(NASDAQ: FFIV)
today announced the appointment of Michel Combes, CEO of Sprint, to its
board of directors. Combes joins F5's board as a proven leader with 30
years of experience in the telecommunications and technology industries.

"The service provider market has long been a core area of F5's business,
and we're gratified to add an individual of Michel's industry stature
and expertise to our board," said François Locoh-Donou, president and
CEO of F5. "Service providers and their customers are intimately
familiar with the power of applications. We anticipate this addition to
the company's leadership team will yield compelling insights as we
evolve our app services offerings to support myriad technology
consumption models and cloud-focused innovations."

Before joining Sprint in 2018, Combes served in a number of senior
leadership roles, including CEO and chief operating officer at Altice,
and chairman and CEO of SFR Group. Additional executive experience
includes positions as CEO of Alcatel-Lucent, CEO of Vodafone Europe,
chairman and CEO of TDF Group, and chief financial officer and senior
executive vice president of France Telecom.

In addition, Combes has served on many industry boards and associations
during his career, including current participation as a member of the
Business Advisory Group for McLaren Technology Group. He is a graduate
of École Polytechnique and Télécom ParisTech, with a focus in
engineering.

About F5

F5 (NASDAQ:
FFIV
) makes apps go faster, smarter, and safer for the world's
largest businesses, service providers, governments, and consumer brands.
F5 delivers cloud and security solutions that enable organizations to
embrace the application infrastructure they choose without sacrificing
speed and control. For more information, go to f5.com.
You can also follow @f5networks on
Twitter or visit us on LinkedIn and Facebook for
more information about F5, its partners, and technologies.

F5 is a trademark or service mark of F5 Networks, Inc., in the U.S. and
other countries. All other product and company names herein may be
trademarks of their respective owners.

This press release may contain forward-looking statements relating to
future events or future financial performance that involve risks and
uncertainties. Such statements can be identified by terminology such as
"may," "will," "should," "expects," "plans," "anticipates," "believes,"
"estimates," "predicts," "potential," or "continue," or the negative of
such terms or comparable terms. These statements are only predictions
and actual results could differ materially from those anticipated in
these statements based upon a number of factors including those
identified in the company's filings with the SEC.

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