Independent Research Firm Names Cloudflare a Web Application Firewalls Leader

Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, has been named by Forrester Research, Inc. as a Leader in The Forrester Wavetm: Web Application Firewalls, Q3 2022 report. Cloudflare's Web Application Firewall (WAF) solutions received the highest possible score in 10 criteria including Innovation, Partner Ecosystem, Community, and more.

"Cloudflare's WAF is trusted by millions of customers around the world to keep their websites and applications secure. That's why we continue to innovate at such a relentless pace, to build the best platform for protecting APIs and application web traffic," said Matthew Prince, co-founder and CEO of Cloudflare. "We're proud to be recognized as a Leader in this space by Forrester and that more and more enterprises choose Cloudflare to fully protect their networks from the most sophisticated attacks."

In The Forrester Wavetm: Web Application Firewalls, Forrester notes, "Cloudflare Web Application Firewall shines in configuration and rule creation," and that "Cloudflare stands out for its active online user community and its associated response time metrics." The report continues, "Reference customers praised the ?custom rule flexibility and richness,' ?excellent dashboard and configuration options.'" In closing, the report notes: "Cloudflare is a top choice for those prioritizing usability and looking for a unified application security platform."

Cloudflare's global network spans more than 275 cities in over 100 countries and processes on average over 36 million HTTP requests per second, giving Cloudflare unprecedented visibility into network patterns and attack vectors. Cloudflare's WAF uses these unprecedented insights to help ensure that hackers and vulnerability scanners can't find or leverage vulnerabilities in web applications and APIs. As a core component of Cloudflare's application security portfolio, customers of all sizes use Cloudflare's powerful API Gateway to quickly discover APIs they weren't aware of and easily secure them in just a few clicks.

Forrester evaluated 12 participating vendors based on 24 criteria across current offering, strategy, and market presence. To learn more, please check out the resources below:

• Forrester Wavetm Blog
• The Forrester Wavetm: Web Application Firewalls, Q3 2022 Report

About Cloudflare

Cloudflare, Inc. (www.cloudflare.com / @cloudflare) is on a mission to help build a better Internet. Cloudflare's suite of products protect and accelerate any Internet application online without adding hardware, installing software, or changing a line of code. Internet properties powered by Cloudflare have all web traffic routed through its intelligent global network, which gets smarter with every request. As a result, they see significant improvement in performance and a decrease in spam and other attacks. Cloudflare was named to Entrepreneur Magazine's Top Company Cultures 2018 list and ranked among the World's Most Innovative Companies by Fast Company in 2019.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expect," "explore," "plan," "anticipate," "could," "intend," "target," "project," "contemplate," "believe," "estimate," "predict," "potential," or "continue," or the negative of these words, or other similar terms or expressions that concern Cloudflare's expectations, strategy, plans, or intentions. However, not all forward-looking statements contain these identifying words. Forward-looking statements expressed or implied in this press release include, but are not limited to, statements regarding Cloudflare's plans and objectives for its web application firewall (WAF) solutions and other products and technology, the benefits to customers from using Cloudflare's global network, WAF, and other products and technology, the expected functionality and performance of Cloudflare's global network, WAF,, and other products and technology, Cloudflare's technological development, future operations, growth, initiatives, or strategies, and comments made by Cloudflare's CEO and others. Actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in Cloudflare's filings with the Securities and Exchange Commission (SEC), including Cloudflare's Quarterly Report on Form 10-Q filed on August 4, 2022, as well as other filings that Cloudflare may make from time to time with the SEC.

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