Exhibit 99.1 July 18, 2024 Fellow shareholders, Summary: • We had a strong Q2 with 17% revenue growth and an operating margin of 27% vs. 22% last year. We now expect full year 2024 reported revenue growth of 14% to 15% (up from 13% to 15%) and an operating margin of 26% (vs. 25% previously). • We're working to improve every aspect of Netflix so we can better serve existing and future members. ◦ In Q2 we had a wide variety of hit series like Bridgerton S3, Baby Reindeer, Queen of Tears and The Great Indian K ...