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Exhibit 99.1 
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Microsoft linkedin
on today’s call
Satya Nadella Jefff weiner amy hood Brad smith
Forward-Looking Statements
This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the proposed transaction and business combination between Microsoft and LinkedIn, including statements regarding the benefits of the transaction, the anticipated timing of the transaction and the products and markets of each company. These forward-looking statements generally are identified by the words _believe,“ “project,“ “expect,“ “anticipate,“ “estimate,“ “intend,“ “strategy,“ “future,“ “opportunity,“ “plan,“ “may,“ “should,“ “will,“ “would,“ “will be,“ “will continue,“ “will likely result,_ and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this presentation, including but not limited to: (i) the risk that the transaction may not be completed in a timely manner or at all, which may adversely affect LinkedIn s business and the price of the common stock of LinkedIn, (ii) the failure to satisfy the conditions to the consummation of the transaction, including the adoption of the merger agreement by the stockholders of LinkedIn and the receipt of certain governmental and regulatory approvals, (iii) the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement, (iv) the effect of the announcement or pendency of the transaction on LinkedIn s business relationships, operating results and business generally, (v) risks that the proposed transaction disrupts current plans and operations of LinkedIn or Microsoft and potential difficulties in LinkedIn employee retention as a result of the transaction, (vi) risks related to diverting management s attention from LinkedIn s ongoing business operations, (vii) the outcome of any legal proceedings that may be instituted against us or against LinkedIn related to the merger agreement or the transaction, (viii) the ability of Microsoft to successfully integrate LinkedIn s operations, product lines, and technology and (ix) the ability of Microsoft to implement its plans, forecasts, and other expectations with respect to LinkedIn s business after the completion of the proposed merger and realize additional opportunities for growth and innovation. In addition, please refer to the documents that Microsoft and LinkedIn file with the SEC on Forms 10-K, 10-Q and 8-K. These filings identify and address other important risks and uncertainties that could cause events and results to differ materially from those contained in the forward-looking statements set forth in this presentation. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Microsoft and LinkedIn assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.
Additional Information and Where to Find It
Nothing in this presentation shall constitute a solicitation to buy or subscribe for or an offer to sell any securities of LinkedIn or Microsoft or a solicitation of any vote or approval. In connection with the transaction, LinkedIn will file relevant materials with the Securities and Exchange Commission (the _SEC_), including a proxy statement on Schedule 14A. This filing does not constitute a solicitation of any vote or approval. Promptly after filing its definitive proxy statement with the SEC, LinkedIn will mail the definitive proxy statement and a proxy card to each stockholder entitled to vote at the special meeting relating to the transaction. INVESTORS AND STOCKHOLDERSOF LINKEDIN ARE URGED TO READ THESE MATERIALS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE TRANSACTION THAT LINKEDIN WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT LINKEDIN AND THE TRANSACTION. The definitive proxy statement, the preliminary proxy statement and other relevant materials in connection with the transaction (when they become available), and any other documents filed by
LinkedIn with the SEC, may be obtained free of charge at the SEC s website (http://www.sec.gov) or at LinkedIn s website (http://investors.linkedin.com) or by writing to LinkedIn Corporation, Investor Relations, 2029 StierlinCourt, Mountain View, California 94043.
LinkedIn and its directors and executive officers may be deemed _participants_ in the solicitation of proxies from LinkedIn s stockholders with respect to the transaction. Information about LinkedIn s directors and executive officers and their ownership of LinkedIn s common stock is set forth in LinkedIn s proxy statement on Schedule 14A filed with the SEC on April 22, 2016 and will be set forth in the proxy statement and other materials to be filed with SEC in connection with the transaction.
June 13, 2016
World s World s Leading Leading Professional Professional Network Cloud +
Microsoft s and LinkedIn s vision for the opportunity ahead
5
The deal
Microsoft will acquire Linkedin for $196 per share in an all-cash transaction valued at approximately $26.2 billion (inclusive of Linkedln’s net cash)
Linkedln will retain its distinct brand,
culture and independence
Jeff Weiner will remain CEO, report to Satya Nadella
and join the Microsoft Senior Leadership Team
Reid Hoffman (Linkedln’s chairman of the board, cofounder and controlling shareholder) has stated his full support for the transaction, which the Linkedln Board recommended unanimously, and his intention to vote all of his shares in accordance with the Board’s recommendation
The transaction is expected to close this calendar year
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A common mission
Microsoft and Linkedin share a
common mission centered on
empowering people and organizations
Empower
people and organizations
Microsoft Linkedin
Empower every person and Connect the woMd’s
every organization on the professionals to make them
planet to achieve more more productive and successful
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Linkedin
The world’s largest and
most valuable professional network
Growing membership
200+ countries and territories 433M+ members (+19% yr/yr)
105M+ MAU (+9% yr/yr)
Growing engagement
60%+ traffic from mobiie (+49% yr/yr)
45B quarteriy page views (+34% yr/yr)
7M+ active job iistings (+101% yr/yr)
Growing results
$3B total revenue (+35% yr/yr)
-$2.OB Taient Soiutions revenue (+41% yr/yr)
-$0.3B Sponsored Updates revenue (+101% yr/yr)
Note: Membership and engagement data as of Qi FY16. Results data FY15 actuals.
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Opportunity ahead
Realize a,common mission by bringing together
the worlds leading professional cloud and network
Drive increased engagement across Linked In
as well as Office 365 and Dynamics
Accelerate monetization through individual and
organization subscriptions and targeted advertising
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A larger total addressable market
While Linked In and Microsoft are highly complementary, they participate in unique total addressable markets (TAM). In addition to TAM growth, the likelihood of seizing more of the TAM will increase through differentiated experiences.
$315B
NEW TAM, UP 58%
$115B TAM LINKEDIN
$200B TAM
MICROSOFT’S
PRODUCTIVITY & BUSINESS PROCESS SEGMENT
Note: TAM data reflects an internal analysis by Microsoft and Linkedln from third-party sources including DC, Gartner, Dell’Oro and ITU
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The professional world
Microsoft
1..2B÷ Office users
300M+ Windows 10 MAD
70M+ Office 365
commercial MAU
8M+ paid Dynamics seats
5M + Azure Active Directory organizations
Linked in
433M+ members
105M+ MAU
7M+ active job listings
9M+ company pages
50K+ university pages
2M+ paid subscribers
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Connecting the professional world
Today, all the information a professional needs to be successful lives in silos. By connecting the world’s leading professional cloud and the professional network, we can create more connected, intelligent and productive experiences. We also have the opportunity to accelerate the realization of the Economic Graph.
2 Calendar
Collaboration
Expertise
Documents
MICROSOFT GRAPH
Message
Customer
accounts
Meetings
Contacts
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Learning
Recruiting &
hiring managers
Insights
Meetings
N
LINKEDIN
GRAPH
K Jobs
Co-workers
Universities
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Illustrations
How Microsoft and LinkedIn can reinvent ways to make professionals more productive
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A professional’s profile everywhere
Today, there is no one source of truth for an individual profile — the data is scattered across many endpoints often with outdated or incomplete information. In the future, a professional’s profile will be unified and the right data at the right time will surface in an app, whether Outlook, Skype, Office, or elsewhere.
Growth opportunity
Linkedin Membership & MAU Office 365 MAU
Windows
Share Point
Word
Outlook
Excel
PowerPoint Skype
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A new daily habit:
Intelligent Newsfeed
Today, since information lives in silos, professionals miss relevant news and waste time. In the future, the newsfeed will be the place to go for every professional to stay connected with the happenings in their network, industry and profession. Beyond all this, the feed will be constantly informed and tailored to the happenings at work like the meetings coming up and projects underway.
Growth opportunity
Linkedln Membership & MAU Office 365 MAU
Ad revenue
Growth opportunity
LinkedIn Membership & MAU
Office 365 MAU
Ad revenue
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A digital assistant that’s predictive
Today Cortana knows about you, your organization and about the world. In the future, Cortana will also know your entire professional network to connect dots on your behalf so you stay one step ahead.
Growth opportunity
Member MAU
Office 365 MAU
Ad revenue
Hi Jen, you are meeting with Sam next. You and Sam both went to the University of Washington and you both know Cindy Smith. Good news, the Huskies won last night s game. Do you want to look at Sam s profile?
Do you want to see your meeting history with Cindy and Sam? Also, ok if I share the presentation for today with Sam?
Growth opportunity
Member MAU Office 365 MAU Ad revenue
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Illustrations
How Microsoft and LinkedIn can reinvent selling, marketing and talent management business processes
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Selling to Social Selling
Today, a sales person only sees doors to open through the lens of their individual contacts. In the future, professionals will move from selling to social selling. Users of Dynamics CRM and all other CRM systems will want to directly connect with Linked In Sales Navigator. This will transform the sales cycle with actionable insights and the ability for each seller to build deeper relationships with prospects and customers — all to accelerate results.
Growth opportunity
LinkedIn MAU
LinkedIn Sales Navigator Revenue Dynamics Revenue
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Organizational insights & transformation
Today, organizations have limited ability to understand their own team’s capability or productivity. In the future, we can give leaders the insight they need to understand their talent (like who they are, where they come from, where they go next) as well as their employees’ effectiveness (like where they spend time and who they collaborate with). This combination will enable organizations to transform.
Growth opportunity
LinkedIn Recruiter Revenue Office 365 Revenue Dynamics Revenue
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Just in time social learning
Today, despite the fact that the useful life of skills and knowledge has shrunk to less than five years, only 38% of employees believe they have the opportunities for learning and growth at their workplace. In the future, Linkedln Learning will tightly integrate into Office, enabling users to have a more seamless experience and access to on- demand courses. Recommending the right course at the right time will enable individuals and companies to be more productive and successful — this will transform learning.
Growth opportunity
Lynda.com (LinkedIn Learning) MAU and Revenue Office 365 MAU
Dynamics Revenue
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Value beyond
these scenarios
Linkedin can utilize Microsoft’s field and distribution
channels to reach new audiences and more customers
Access to Microsoft’s scaled cloud infrastructure
and technology stack
Increased Bing engagement with the
best professional search
Linkedln feed with Windows notifications
Empower developers in new ways with rich APIs
and new training opportunity
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Summary of Approach
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Regulatory approach
We plan to obtain regulatory approval in the
United States, the European Union, Canada
and Brazil before closing the transaction
We are confident about our prospects for obtaining
regulatory approval by the end of this calendar year
We believe the merger is highly complementary and will
benefit consumer and enterprise users who will achieve
more through our joint innovation and new scenarios
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Transaction Overview
Structure
$196 per share, $26.2 billion enterprise value
All cash consideration
Expected to close by the end of this calendar year
Financing
Purchase price to be financed primarily with new debt
Financial Impact
Minimally (~1%) dilutive to non-GAAP EPS in FY17 and FY18 based on expected close date
Accretive to Non-GAAP EPS in FY19 or less than two years post closing
Non-GAAP includes stock based compensation expense consistent with Microsoft’s reporting practice, and excludes
expected impact of purchase accounting adjustments as well as integration and transaction related expenses
$150 million of cost synergies annually by 2018
Capital ReturnProgram
Previously announced share buyback program (~$10B remaining) will be completed on schedule
FinancialReporting
Currently expect to report results for LinkedIn post close in our Productivity and Business Processes segment
New KPIs will be finalized prior to close
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World s World s Leading Leading Professional Professional Network Cloud +
