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This Prospectus has been prepared and is made available solely for the purpose of the Offer to Infinera’s employees in Sweden to participate in the ESPP. The information in the Prospectus is only provided in contemplation of the Offer and may not be used for any other purpose. Consequently, this Prospectus is not addressed to persons in, and the Prospectus may not be published or distributed in or into, any country or other jurisdiction where such action would require additional prospectuses, registration or measures besides those required by Swedish law, or otherwise would be in conflict with applicable regulations. Any failure to comply with such restrictions may result in a violation of applicable securities regulations.

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Firm Analyst
B Riley Dave Kang
Citigroup Jim Suva
Craig-Hallum Christian Schwab
Goldman Sachs Rod Hall
Jefferies & Company George Notter
JP Morgan Samik Chatterjee
MKM Partners Fahad Najam
Morgan Stanley Meta Marshall
Needham & Company Alex Henderson
Northland Capital Tim Savageaux
Raymond James Simon Leopold
Rosenblatt Securities Ryan Koontz
Stifel John Marchetti
Wolfe Research Jeff Kvaal

Infinera Corporation is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Infinera's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Infinera Corporation or its management. Infinera Corporation does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.