F5 Networks, Inc. announced that on January 14, 2020, the company was informed by John McAdam that he would not be standing for re-nomination as a director at the next Annual Meeting of Shareholders (the Annual Meeting). Mr. McAdam conveyed that he believes it is the right time for him to transition off of the Board as part of the Board’s succession efforts and due to his other activities, including board and advisory positions with other organizations. Mr. McAdam’s decision was not the result of any disagreement with the company. Mr. McAdam is expected to continue to serve as a director until the date of the Annual Meeting.