Zebra Technologies Investor Presentation — November 2018

Document content

Third -Quarter 2018 Results

November 6, 2018Safe Harbor Statement

Statements made in this presentation which are not statements of historical fact are forward -looking statements and are

subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. Actual results may dif fer

from those expressed or implied in the company’s forward -looking statements. Zebra may elect to update forward -looking

statements but expressly disclaims any obligation to do so, even if the company’s estimates change. These forward -looking

statements are based on current expectations, forecasts and assumptions and are subject to the risks and uncertainties

inherent in Zebra’s industry, market conditions, general domestic and international economic conditions, and other factors.

These factors include customer acceptance of Zebra’s hardware and software products and competitors’ product offerings,

and the potential effects of technological changes. The continued uncertainty over future global economic conditions, the

availability of credit, capital markets volatility, may have adverse effects on Zebra, its suppliers and its customers. In ad dition,

a disruption in our ability to obtain products from vendors as a result of supply chain constraints, natural disasters or oth er

circumstances could restrict sales and negatively affect customer relationships. Profits and profitability will be affected b y

Zebra’s ability to control manufacturing and operating costs. Because of its debt, interest rates and financial market

conditions will also have an impact on results. Foreign exchange rates will have an effect on financial results because of th e

large percentage of our international sales. The outcome of litigation in which Zebra may be involved is another factor. The

success of integrating acquisitions could also affect profitability, reported results and the company’s competitive position in it

industry. These and other factors could have an adverse effect on Zebra’s sales, gross profit margins and results of

operations. Descriptions of the risks, uncertainties and other factors that could affect the company’s future operations and

results can be found in Zebra’s filings with the Securities and Exchange Commission. In particular, please refer to Zebra’s

latest filing of its Form 10 -K and Form 10 -Q. This presentation includes certain non -GAAP financial measures and we refer to

the reconciliations to the comparable GAAP financial measures and related information.

ZEBRA TECHNOLOGIES 2Agenda

Anders Gustafsson , CEOQ3 Highlights01