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Congratulations! Thank you for sharing our commitment to Cloudflare’s mission to help build a better Internet, and for everything you’ve done to help the company grow. You’ve been a critical part of our success. On behalf of Cloudflare, Inc. (“Cloudflare” or the “Company”), it is my pleasure to provide you with the terms and conditions outlining your new role with Cloudflare. The following sets forth the terms and conditions of our offer to you of a new role in your employment with the Company.

You will be expected to devote your full business time and your best professional efforts to the performance of your duties and responsibilities for the Company and to abide by all Company policies and procedures, as in effect from time to time. You will be expected to perform the duties of your position and such other duties as reasonably may be assigned to you from time to time. Moreover, during your continued employment with the Company, you will be expected to conduct your business activities at all times in accordance with the highest legal, ethical and professional standards. As it relates to Company work you perform inside and outside of a Company office, you agree to: (a) maintain a safe workspace; (b) take reasonable care for the health and safety of yourself and of others who may be affected by your acts or omissions at your workspace; and (c) cooperate with the Company to the extent necessary to fulfill these duties.

Your start date for your new role will be April 1, 2026. No provision of this letter shall be construed to create a promise of employment for any specific period of time. Your continued employment with the Company is also on an “at-will” basis. This means that either you or the Company may terminate your employment at any time for any reason or for no reason, with or without any notice. Although your job duties, title, compensation, and benefits, as well as any Company personnel policies and procedures, may change from time to time, you agree: (A) that the Proprietary Information and Inventions Agreement (“PIIA”) you signed upon hire will continue to apply to you; and (B) the “at will” nature of your employment may only be changed in a written document signed by you and the CEO of the Company.

Beginning at the start of your new role in employment, your base salary will be paid at a rate of $600,000 per year, payable semi-monthly in accordance with the regular payroll practices of the Company (as may be updated by the Company from time to time). Your compensation is subject to any legally required deductions, such as deductions for federal and state taxes, as well as any other deductions which you authorize. The Company reserves the right to review your regular wage rate and to adjust it from time to time at its sole discretion.

Control and Severance Policy in the same manner as the other members of the Company’s Executive Staff. You also are entitled to participate in any employee benefit plans made generally available by the Company from time to time to its employees, subject to plan terms and generally applicable Company policies. The Company currently provides a health insurance benefits plan to its employees under which you may elect coverage. Any benefits and policies, of course, may be adopted, modified, changed, or terminated from time to time at the sole discretion of the Company, and the provision of such benefits to you in no way changes or impacts your status as an at-will employee.

This letter and the PIIA constitute our entire offer regarding the terms and conditions of your continued employment with the Company. It supersedes any prior agreements, promises, representations, or other statements (whether oral or written) regarding the offered terms of employment, including your existing offer letter with the Company signed upon hire. The terms of your employment, and this offer letter, shall be governed by the laws of Washington DC.

If the terms of this letter are acceptable to you, please sign and return the enclosed additional copy of this letter to Matthew Prince. Your signature on the copy of this letter and your submission of the signed copy to the Company will evidence your agreement with the terms and conditions set forth herein, including your understanding that employment with the Company shall be at-will. In accepting this letter, you represent to the Company and give the Company assurance: (A) that you have not relied on any agreements, promises, representations, or other statements, express or implied, with respect to your employment that are not set forth in expressly in this letter; and (B) that you are not under any obligation to any former employer or any person, firm or business that would prevent, limit, restrict or impair in any way the performance by you of your duties as an employee of the Company.

We are excited to offer you this new role with Cloudflare. We are confident that you will make an important contribution to our unique and exciting company. If you are in agreement with the proposed terms of your new role, please sign this letter and return it within 5 days.

On behalf of Cloudflare, Inc. (the “Company”), headquartered in San Francisco, California, I am pleased to let you know that, in connection with the start of your new role as a Service Provider for a member of the Company Group (as defined in the Company’s 2019 Equity Incentive Plan, as amended (the “Plan”)), the Company will promptly recommend to the Board of Directors of the Company (the “Board”) or the Compensation Committee of the Board that you receive a new grant of Restricted Stock Units (“RSUs”) valued at $8,000,000. The actual number of RSUs will be determined based upon the 30-trading day trailing average closing price of the Company’s Class A common stock on the New York Stock Exchange on the date of grant, as determined by the Board or the Compensation Committee. Subject to the approval of the Board or the Compensation Committee and your continued employment with the Company, this grant will vest in sixteen (16) equal quarterly intervals over the four-year period commencing on February 15, 2026. The actual terms of this grant will be as set forth in the Company’s 2019 Equity Incentive Plan (as it may be amended from time to time) and in the individual RSU agreement to be delivered to you if the RSUs are granted.

We also will promptly recommend to the Board or the Compensation Committee of the Board that you receive an additional grant of RSUs valued at $5,000,000. The actual number of RSUs will be determined based upon the 30-trading day trailing average closing price of the Company’s Class A common stock on the New York Stock Exchange on the date of grant, as determined by the Board or the Compensation Committee. Subject to the approval of the Board or the Compensation Committee and your continued employment with the Company, 1/8 of this grant will vest on February 15, 2027 with the remainder vesting in the following seven (7) equal quarterly intervals. The actual terms of this grant will be as set forth in the Company’s 2019 Equity Incentive Plan (as it may be amended from time to time) and in the individual RSU agreement to be delivered to you if the RSUs are granted.

In addition, we will promptly recommend to the Board or the Compensation Committee of the Board that you receive a grant of performance-based stock options to purchase 128,000 shares of the Company’s Class A common stock (the “PSOs”), which will vest based on the Company’s share price reaching certain share price targets and your remaining employed with the Company, in each case subject to the terms and conditions set forth in the PSO grant agreement. The exercise price of the PSOs will be the closing price of the Company’s Class A common stock on the date of grant. The actual terms of this grant will be as set forth in the Company’s 2019 Equity Incentive Plan (as amended from time to time) and in the individual PSO grant agreement to be delivered to you if the PSOs are granted.

To the extent that this letter conflicts with any provision of the Plan, RSU agreement or PSO grant agreement, the Plan, RSU agreement and PSO grant agreement, as applicable, are controlling. So, unless expressly provided otherwise in the RSU or PSO agreements, the award will be governed by the laws and regulations of the United States and/or one or more U.S. states.

This letter constitutes our entire offer regarding the terms and conditions of your equity compensation in connection with your new role with the Company. It supersedes any prior agreements, promises, representations, or other statements (whether oral or written) regarding your equity compensation in connection with your new role with the Company. The terms of this letter shall be governed by the laws of Washington DC.