Employee Release Statement

We are gratified that three of our employees detained by the Brazilian Authorities earlier this week have been released. No formal charges have been brought against our employees at this time, and we are doing all that we can to support them. Right now, our foremost concern is for our employees and their families as they focus on resuming with their lives. We look forward to Pedro Ripper returning to his role as Country Manager of Cisco Brazil as we continue to give our full attention to the business of working closely with our partners to support our loyal customers in Brazil, while cooperating with appropriate authorities.