Employees share high satisfaction, inspired by the company�s mission, and feel empowered to innovate

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced that it has been recognized as one of the Top 100 Most Loved Workplaces in 2022, following research conducted by Newsweek and Best Practice Institute (BPI), a leadership development and benchmark research company. Cloudflare is ranked #55, described in being Most Loved Because �The only thing worse than a bad idea is no idea: Weekly CEO-led company meetings allow all concerned to provide updates on their work. Workers say they�re empowered to develop the next big thing.�

Over the past two years Cloudflare has grown its global team by 93% and continues to prioritize the recruitment, retention, as well as success of its employees. In 2021 the company received more than 200,000 competitive applications, extending just 1,455 offers while seeing a 92% acceptance rate across the board, alongside continuously low attrition rates.

�I always say that one of the best parts of my job is the people I get to work with. Cloudflare plays a large role with nearly 20 percent of the web using our network, and every single team member helps make this possible,� said Michelle Zatlyn, co-founder, President & COO of Cloudflare. �Cloudflare�s impact on the Internet is fueled by our employees. We�ve been consistently committed to hiring and retaining top talent. Investing in our team is investing in our innovation engine, and I�m proud of our empowered team�s work in helping to build a better Internet.�

The rankings and results were determined after surveying more than 1.4 million employees from businesses with workforces varying in size from 50 to more than 10,000 employees. The top 100 companies were evaluated then ranked based on employee survey responses, analysis of external public ratings, direct interviews and responses from company officials, and additional research on each company as conducted by Newsweek. The five critical areas that were measured to gauge employee sentiment include:

• How positive workers feel about their future at the company
• Career achievement
• How much employer values align with employee values
• Respect at all levels
• Level of collaboration at the firm

Cloudflare additionally conducted an internal survey of its global team that presented results of 94% of surveyed employees stating that they are inspired by Cloudflare�s mission to help build a better Internet and 92% stating that their work is important to the company.

�We want people to have the career of their dreams at Cloudflare. This means being supported and safe in bringing your full self to work in order to do your best work,� said Janet Van Huysse, Chief People Officer of Cloudflare. �Flexibility and experimentation have been at the center of how we�ve approached supporting our team these past couple years, and it�s an honor to be recognized among the top workplaces uplifting their people.�

Most Loved Workplaces recognizes companies that put respect, caring, and appreciation for their employees at the center of their business models, and additionally in doing so, have earned the loyalty and respect of the people who work for them. �The companies on this list represent the best at placing love at the center of their employee�s experience,� said Louis Carter, CEO of Best Practice Institute. �The number of applications this year and analysis of survey data reinforces our original findings that love is the strongest predictor of the strength of a company�s culture, employee engagement, and satisfaction.�

�As a result of the great resignation, more companies recognize the importance of focusing on employee satisfaction to not only attract but retain top talent,� said Nancy Cooper, Global Editor in Chief of Newsweek. �The businesses on this year�s list clearly demonstrated that commitment.�

Today, Cloudflare has more than 3,100 team members globally and is continuing to hire worldwide with hundreds of open positions across the organization ranging from Sales to Engineering. As the company prioritizes the success of its employees, Cloudflare offers every team member a flexible work environment that works best for them, with the choice to be remote or hybrid with Cloudflare office space locations in San Francisco, CA, Austin, TX, Champaign, IL, Miami, FL, New York, NY, San Jose, CA, Seattle, WA, Washington, D.C., Toronto, Brussels, Dubai, Lisbon, London, Munich, Paris, Bangalore, Beijing, Singapore, Sydney, and Tokyo.

To learn more about the Cloudflare team including career opportunities, please check out the resources below:

• Blog Post: Why Cloudflare�s one of the Top 100 Most Loved Workplaces in 2022
• Cloudflare Careers Web Page
• Life at Cloudflare Web Page
• We Are Cloudflare CFTV

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 employees, the growth of its workforce, Cloudflare�s global network, and Cloudflare�s 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 November 3, 2022, as well as other filings that Cloudflare may make from time to time with the SEC.

The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Cloudflare undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. Cloudflare may not actually achieve the plans, intentions, or expectations disclosed in its forward-looking statements, and you should not place undue reliance on Cloudflare�s forward-looking statements.

� 2022 Cloudflare, Inc. All rights reserved. Cloudflare, the Cloudflare logo, and other Cloudflare marks are trademarks and/or registered trademarks of Cloudflare, Inc. in the U.S. and other jurisdictions. All other marks and names referenced herein may be trademarks of their respective owners.

Contacts

Cloudflare, Inc.

Daniella Vallurupalli

Vice President, Head of Global Communications

[email protected]