Exhibit 1: Calculate CAGR (Compound Annual Growth rate) for Netflix. See Items#6, 8 in 10K Report. CAGR formula is below: {[{Ending value/Beginning value} to power 1] -1]* 100 A. CAGR for Net revenues (2020-2022); see page 20, 21 B. CAGR Operating income; Net income (2020-22); page 20-25, 38, 39 C. CAGR for EPS (basic earnings per share; 2020-2022): see page 38 D. CAGR for membership by geographic region; (2020-22; page 20-22

I The increase in technology and development expenses for the year ended December 31, 2022 as compared to the year ended December 31,2021 was primarily due to a $386 million increase in personnel-related costs. General and Administrative General and administrative expenses consist of payroll and related expenses for corporate personnel. General and administrative expenses also include professional fees and other general corporate expenses. General and administrative As a percentage of revenues The increase in general and administrative expenses for the year ended December 31, 2022 as compared to the year ended December 31, 2021 was primarily due to a $224 million increase in personnel-related costs. Interest Expense Interest expense consists primarily of the interest associated with our outstanding debt obligations, including the amortization of debt issuance costs. See Note 6 Debt in the accompanying notes to our consolidated financial statements included in Part II, Item 8, "Financial Statements and Supplementary Data" of this Annual Report on Form 10-K for further detail on our debt obligations. The increase in cost of revenues for the year ended December 31, 2022 as compared to the year ended December 31, 2021 was primarily due to a $1,796 million increase in content amortization relating to our existing and new content, including more exclusive and original programming. Marketing Marketing expenses consist primarily of advertising expenses and certain payments made to our marketing partners, including consumer electronics ("CE") manufacturers, multichannel video programming distributors ("MVPDs"), mobile operators and ISPs. Advertising expenses include promotional activities such as digital and television advertising. Marketing expenses also include payroll and related expenses for personnel that support marketing activities. I The increase in technology and development expenses for the year ended December 31, 2022 as compared to the year ended December 31,2021 was primarily due to a $386 million increase in personnel-related costs. General and Administrative General and administrative expenses consist of payroll and related expenses for corporate personnel. General and administrative expenses also include professional fees and other general corporate expenses. General and administrative As a percentage of revenues The increase in general and administrative expenses for the year ended December 31, 2022 as compared to the year ended December 31, 2021 was primarily due to a $224 million increase in personnel-related costs. Interest Expense Interest expense consists primarily of the interest associated with our outstanding debt obligations, including the amortization of debt issuance costs. See Note 6 Debt in the accompanying notes to our consolidated financial statements included in Part II, Item 8, "Financial Statements and Supplementary Data" of this Annual Report on Form 10-K for further detail on our debt obligations. The increase in cost of revenues for the year ended December 31, 2022 as compared to the year ended December 31, 2021 was primarily due to a $1,796 million increase in content amortization relating to our existing and new content, including more exclusive and original programming. Marketing Marketing expenses consist primarily of advertising expenses and certain payments made to our marketing partners, including consumer electronics ("CE") manufacturers, multichannel video programming distributors ("MVPDs"), mobile operators and ISPs. Advertising expenses include promotional activities such as digital and television advertising. Marketing expenses also include payroll and related expenses for personnel that support marketing activities