Western Digital and Dropbox Team to Accelerate Deployment of Leading-Edge Cloud Infrastructure for Today's Online World

Empowering the world's most essential data infrastructures, Western Digital Corp. (NASDAQ: WDC) today announced that Dropbox Inc. (NASDAQ: DBX), a leading global collaboration platform, is one of the first to qualify the Ultrastar^® DC HC650 20TB, host-managed, shingled magnetic recording (SMR) hard disk drives (HDD). With Western Digital SMR HDDs serving as the storage foundation for its custom-built, multi-exabyte storage platforms, Dropbox continues its strategic path, taking advantage of the highest storage densities with the lowest TCO without sacrificing data durability and availability for its 600 million+ online customers.

"We've been working with Western Digital for many years, and throughout several phases of our storage platform development," said Andrew Fong, vice president of engineering, Dropbox. "Online tools and services are more important than ever before, so we need to be able to quickly innovate, expand functionality and scale to help stay competitive. We look forward to deploying these higher capacity 20TB SMR hard drives to further our cost savings and to provide our customers with even more value. Western Digital is an important strategic partner and we look forward to continuously pushing cloud infrastructure boundaries together."

"Dropbox was a pioneer in adopting SMR at scale, and their commitment has definitely paid off, giving them an early mover advantage by enabling rapid development of the highest capacity HDDs in the industry into their cloud infrastructure," said Andrew Dorian, vice president of enterprise hard drives. "We are pleased to continue our long-term partnership with Dropbox to help them scale and capitalize on the growing customer demand for cloud services, online storage and remote collaboration tools."

As the industry's first 20TB HDDs, the Ultrastar DC HC650 delivers unmatched TCO for scale-out enterprise and cloud data centers through increased storage density and improved power efficiency. Featuring the highest capacity in the industry, cloud and enterprise customers recognize the benefits of SMR HDDs and are adopting the technology to contend with the massive growth in data. When considering exabyte-scale needs, and associated capital and operating cost of the data center, the long-term value in terms of lower cost-per-TB, higher density, low power and high reliability can help benefit the bottom line.

Several complementary technology innovations are featured in the Ultrastar DC HC650, including the industry's first energy-assisted magnetic recording (EAMR) implementation, the industry's first triple-stage actuator and the fifth generation of HelioSeal^® technology.

Western Digital SMR HDDs are also an integral part of Zoned Storage, an open-source, standards-based initiative building upon the synergies of SMR HDDs and ZNS SSDs that enables data centers to scale efficiently.

Related Western Digital resources:

• Cloud amid COVID-19
• Three Technologies that Make HDD Magic
• Making Host Managed SMR Work for You ? Dropbox's Successful Journey
• Dropbox Continues to Innovate with Western Digital
• Continuous Innovation for Highest Capacities and Lower TCO Technical Brief

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About Western Digital

Western Digital creates environments for data to thrive. As a leader in data infrastructure, the company is driving the innovation needed to help customers capture, preserve, access and transform an ever-increasing diversity of data. Everywhere data lives, from advanced data centers to mobile sensors to personal devices, our industry-leading solutions deliver the possibilities of data. Western Digital data-centric solutions are comprised of the Western Digital^®, G-Technologytm, SanDisk^® and WD^® brands.

*As used for storage capacity, 1GB = 1 billion bytes and 1TB = one trillion bytes. Actual user capacity may be less due to operating environment.

Western Digital, the Western Digital logo, HelioSeal, and Ultrastar are registered trademarks or trademarks of Western Digital Corporation or its affiliates in the US and/or other countries. All other marks are the property of their respective owners. Product specifications subject to change without notice. Pictures shown may vary from actual products. Not all products are available in all regions of the world.

© 2020 Western Digital Corporation or its affiliates. All rights reserved.

FORWARD LOOKING STATEMENT

This news release contains certain forward-looking statements, including the expected availability, benefits, features, and performance of Western Digital SMR HDDs, and market and industry trends. There are a number of risks and uncertainties that may cause these forward-looking statements to be inaccurate including, among others: changes to specifications from standards organizations, future responses to and effects of the COVID-19 pandemic, volatility in global economic conditions; business conditions and growth in the storage ecosystem; impact of competitive products and pricing; market acceptance and cost of commodity materials and specialized product components; actions by competitors; unexpected advances in competing technologies; our development and introduction of products based on new technologies and expansion into new data storage markets; risks associated with acquisitions, divestitures, mergers and joint ventures; difficulties or delays in manufacturing, and other risks and uncertainties listed in the company's filings with the Securities and Exchange Commission, including the company's most recently filed periodic report, to which your attention is directed. You should not place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to update these forward-looking statements to reflect subsequent events or circumstances.