{"url_path":"/sec/chkp/10-k/2026/item-4","section_key":"item-4","section_title":"Item 4 INFORMATION ON CHECK POINT","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-03-31","source_url":"https://www.sec.gov/Archives/edgar/data/1015922/0001178913-26-001932-index.html","accession_number":"0001178913-26-001932","cik":"0001015922","ticker":"CHKP","issuer_name":"CHECK POINT SOFTWARE TECHNOLOGIES LTD","edgar_url":"https://www.sec.gov/Archives/edgar/data/1015922/0001178913-26-001932-index.html","primary_entity_key":"0001015922","primary_entity_name":"CHECK POINT SOFTWARE TECHNOLOGIES LTD"},"word_count":5359,"has_tables":true,"body_markdown":"ITEM 4.\n\nINFORMATION ON CHECK POINT\n\nCheck Point History and Development\n\n \n\nFounded over 30 years ago by Gil Shwed, Check Point has continued\nits mission to secure the digital world for everyone, everywhere. From Firewall-1, the first stateful firewall to dynamic security innovations\nand to the emergence of the Check Point Platform powered by Artificial Intelligence (“AI”), Check Point has demonstrated its\nability to defend against and prevent what is coming. Check Point secures organization’s AI transformation with unified security\narchitecture of the Hybrid Mesh Networks, Workspace, Exposure Management and AI Security Platform. Through its Check Point Services product,\nCheck Point provides comprehensive technical services to fulfill the cyber security needs of its global customers.\n\n \n\nBusiness Overview\n\n \n\nThe Check Point Mission – Securing Our\nCustomers’ AI Transformation\n\nWe are constantly doing the hard work of getting our solutions ready to enable a secure AI transformation.\nOur solutions deliver  leading protection across infrastructure, to make sure organizations are protected from AI-driven attacks.\n\nWe continually modify and improve our security platform services by:\n\n•\n\nRegularly updating our security solutions to defend against the full spectrum of evolving threats.\n\n \n\n•\n\nSecuring the entirely new AI-driven attack surfaces. Requiring purpose-built security capabilities.\n\n \n\n•\n\nDeeply integrating AI into our solutions to enable AI-first security teams.\n\n \n\n•\n\nApplying a comprehensive prevention-first approach to protect against the most sophisticated attacks.\n\n \n\n•\n\nExploring and implementing novel AI security through ecosystem collaboration, and design partnership\n\nCheck Point assists organizations in defending against AI-driven attacks, securing the new AI attack surfaces\nthey are creating, and using AI to make security operations faster and simpler. To secure this transformation, organizations need a simpler\nand more unified approach to cybersecurity - one that protects networks, users, exposures, and AI systems as part of a single security\nstrategy.\n\nThis is the approach Check Point has established through the following four security pillars:\n\n1. Hybrid Mesh Network Security\n\nCheck Point provides a unified security and connectivity foundation across all environments - data\ncenters, hybrid cloud, internet and perimeter gateways, and branch locations. \n\n2. Workspace Security\n\nCheck Point protects the workspace with unified, multi-layer security across devices, browsers, email,\nSaaS apps, and remote access, all managed from a single console.\n\nThis enables seamless productivity with uncompromising protection - users stay safe, data stays secure,\nand business moves faster.\n\n3. Exposure Management\n\nCheck Point Exposure Management combines three core elements:\n\nFirst, threat intelligence powered by Check Point’s unique global telemetry.\n\nSecond, smart vulnerability prioritization based on comprehensive internal and external asset discovery,\nwith continuous detection of vulnerabilities and misconfigurations.\n\nThird, safe and actionable remediation, applying changes intelligently across existing security controls\nand reducing operational burden on security teams.\n\n4. AI Security\n\nOur AI Security pillar combined with our prevention-first approach protects the full AI stack - from employee\nAI usage, to enterprise applications and agents, and the models, data, and infrastructure behind them.\n\nTogether, these pillars provide a unified platform to secure our customers’ entire AI journey.\n\n26\n\nOur Strategy: A Platform Built on Four Pillars\n\n \n\n1. Hybrid Mesh Network Security\n\n \n\nIn the AI era, network security challenges are intensifying. Customer networks and applications are borderless\nand everywhere, expanding the attack surface, increasing the blast radius, and exposing gaps across fragmented security controls. \n\nWe secure hybrid mesh environments through a unified, prevention-first foundation that spans data centers, hybrid cloud, branch,\nand Secure Access Service\nEdge (“SASE”), delivering leading security effectiveness as validated by NSS Labs.\n\nWe provide consistent enforcement through a single AI-powered management and security control plane that delivers superior\nproactive prevention, hyperscale-grade security with an optimized user experience. Our security platform services include:\n\n \n\n•\n\nCheck Point Firewall (Data Center, Perimeter, Branch): Our Gateways and firewalls provide\ncomprehensive security beyond any Next Generation Firewall (“NGFW”) and are designed to manage the most complex security policy\nrequirements and prevent the most sophisticated cyber-attacks. Our security gateways are powered by over 60 security services, including\nthe industry’s complete range of security capabilities including firewalling, intrusion prevention, application control, anti-malware,\nanti-phishing, DNS security, as well as sandboxing and file sanitization of email and web documents. All of our security gateways receive\nimmediate threat data from our ThreatCloud AI global threat intelligence system, which leads to increased catch-rate of the most sophisticated\nthreats.\n\n \n\n•\n\nCheck Point Maestro Hyperscale Firewall: This\nsecurity platform delivers on-demand scalability for requirements that range from 30 Gbps to over 1 Terabits-per-second of threat prevention.\nOrganizations of any size can benefit from Maestro’s intelligent load balancing firewall cluster design.\n\n \n\n•\n\nFirewall Software R82.10 (security operating system &\nsoftware): All of our security gateways and firewalls share the same underlying security operating system.  Our latest threat\nprevention and security management release, launched in December 2025 delivers top-rated threat prevention, cloud services, and performance\nacceleration for Check Point firewalls. This  operating system provides security controls and management that are a foundational\nand integral part of today’s security infrastructure. R82.10 delivers over 20 new capabilities for enterprise customers including:\n\n \n\n-\n\nSupporting Safe AI Adoption: R82.10 strengthens oversight of AI-driven activity by detecting\nunauthorized Generative AI (“GenAI”) tools, expanding visibility into AI applications such as ChatGPT, Claude, Gemini, among\nothers, and monitoring model context protocol (“MCP) usage to protect AI-powered workflows.\n\n \n\n-\n\nStrengthening Hybrid Mesh Network Security: Organizations gain more consistent protection\nacross distributed environments with centralized internet access management for SASE and firewalls, simplified gateway-to-SASE connectivity,\nand improved identity and device posture validation to support “Zero Trust” framework at scale.\n\n \n\n-\n\nTaking a Prevention-First Approach to Modern Threats: R82.10, introduces phishing protection\nthat works without HTTPS inspection, adaptive IPS to reduce alert fatigue, and new Threat Prevention Insights to highlight misconfigurations\nand posture gaps before attackers can exploit them.\n\n \n\n-\n\nEliminating Silos with a Unified Security Platform: R82.10 expands our open-garden architecture\nwith more than 250 integrations. These integrations allow organizations to apply endpoint posture signals from their existing providers\ndirectly within Check Point policies, improving identity-based controls and Zero Trust enforcement.\n\n \n\n•\n\nCheck Point Spark Firewall: This family of security gateways and firewalls designed for small\nand medium businesses (“SMBs”) feature advanced threat prevention performance up to 5 Gbps threat prevention. These firewalls\nare easy to deploy and manage, and they integrate communication and security into an “all in one” solution. Spark security\ngateways provide protection focused on SMBs as well as Enterprises branch offices.\n\n \n\n•\n\nAI Powered Security Management: Our AI-powered unified security management control plane –\nimproves security and optimizes operations through an agentic and autonomous platform, and AI-powered Policy management.\n\n27\n\n \n\n2. Workspace Security – Where Humans Meet AI\n\n \n\nWorkspace Security Challenges\n\n \n\nAI is now embedded across the entire modern workspace: spanning browsers, SaaS applications, email, collaboration\ntools, and endpoints. While this proliferation is driving productivity, it is also enabling faster, highly personalized attacks powered\nby AI.\n\n \n\nAt the same time, organizations are relying on disjointed security tools that lack integrated protection\nacross the user environment. Without dedicated workspace security, AI itself becomes the largest insider risk, amplifying the potential\nfor data leakage, misuse, and social engineering.\n\n \n\nModern workspace security must evolve to meet these threats. It needs to protect users as they interact\nwith AI‑driven tools and applications, prevent sensitive data exposure, and block highly targeted, AI‑generated phishing attacks,\nparticularly through email, before they can cause harm.\n\n \n\nThe Check Point offering – Workspace Security\n\n \n\nWe offer services to protect the workspace through the deployment of remote-access enabled, unified, multi-layer\nsecurity across devices, browsers, email, SaaS apps. With a single console to manage all features and built-in 360° threat prevention,\norganizations can achieve seamless productivity with uncompromised protection. Through the deployment of our security platform with workspace-optimized\nfeatures such as browsers security, endpoint security, email security, and SaaS security, users and employees stay safe, data stays secure,\nand business moves faster.\n\n \n\nOur Workspace Security platform includes features such as:\n\n \n\n•\n\nCheck Point Email Security: secures users’ email clients and gives protection for third-party\nproviders such as Microsoft Office 365, Exchange, Google G, among others.\n\n \n\n•\n\nCheck Point Endpoint Security: protects users’ PCs from ransomware, phishing, and malware,\nand minimizes breach impact with autonomous detection and response capability.\n\n \n\n•\n\nCheck Point Mobile Security: protects employees’ mobile devices against malicious apps\nand network or operating systems attacks.\n\n \n\n•\n\nCheck Point Browser Security: provides secure, fast, and private web browsing by inspecting\nall Secure Sockets Layer traffic directly on the endpoint.\n\n \n\n•\n\nCheck Point XDR: provides extended detection,\nprevention, and response capabilities.\n\n \n\nOur strength and leadership in email security sets us apart. We are a recognized leader in the 2025 Gartner®\nMagic Quadrant™ for Email Security Platforms, reflecting both the maturity of our technology and the trust placed in us by the market.\nIn 2025 alone, we added 20,000 new customers, underscoring our continued growth and relevance.\n\n \n\nWe significantly elevate user protection through advanced AI capabilities, including GenAI‑driven\nsecurity awareness training with personalized phishing simulations, as well as AI‑powered mailbox observations that proactively\nprotect against malicious emails while reducing administrative overhead.\n\n \n\nIn addition, we deliver a truly unified user experience, combined with a defense‑in‑depth approach\nto phishing, ensuring comprehensive protection across multiple layers rather than reliance on a single control.\n\n28\n\n \n\n3. AI Security- Securing the AI full stack\n\nAI is reshaping the cyber security threat landscape by introducing new risks as organizations rapidly implement\nAI applications, agents, and adopt the use of GenAI models. These risks include data leakage through the accidental inclusion of sensitive\ninformation in AI prompts or the uploading of sensitive data to GenAI or other tools, as well as AI threats such as jail breaking or\nmodel inversion and uncontrolled autonomy from agents acting beyond their scope.\n\nWe established AI Security as\na foundational pillar of our strategy in order to address these emerging and evolving threats. Our end-to-end AI security stack protects\nemployee usage, enterprise applications and agents, and the models, data, and infrastructure that power them. \n\n \n\n•\n\nCheck Point AI Workforce Security – delivers instant visibility into all sanctioned\nand shadow AI usage, preventing sensitive data exposure, and enabling safe productivity.\n\n \n\n•\n\nCheck Point AI Agent Security – protects enterprise copilots, chatbots, and agentic\nsystems from prompt injections, jailbreaks, and malicious output while applying real-time guardrails across AI interactions.\n\n \n\n•\n\nCheck Point AI Red Teaming – provides continuous red-teaming, model robustness testing,\nand compliance readiness for the AI systems that increasingly drive business operations.\n\n \n\nOur platform is built from the ground up on security‑native AI models and prevention‑first\nintelligence, rather than retrofitted analytics. This foundation enables us to stop threats before they materialize, rather than reacting\nafter the fact.\n\n \n\n4. Threat Exposure Management – Stopping AI-Era Attacks\n\nPowered by the combined strengths of the recently acquired companies Cyberint Technologies Ltd. and Veriti\nSecurity Ltd., coupled with Check Point’s strong visibility, our Threat Exposure Management platform delivers real time situational\nawareness by unifying threat intelligence, dark web insights, attack surface visibility, exploitability context, and automated remediation.\n\nUsing Gartner’s Continuous Threat Exposure Management (“CTEM”) framework, we correlate\nreal‑world attacker behavior with enterprise assets to identify, prioritize, and remediate the exposures that matter most –\nbefore attackers can exploit them.\n\nOur security platforms are designed around three core elements:\n\n•\n\nCheck Point Threat Intelligence - Leveraging Check Point’s extensive global visibility\nand decades of expertise, we map the attacker ecosystem – tracking active campaigns, exploited CVEs, and high‑risk IOCs, while\nlearning from real‑world attacks.\n\n•\n\nCheck Point Vulnerability Detection & Prioritization- Automatically discovering your attack\nsurface, misconfigurations, and CVEs – across Check Point scanners and existing tools – we deliver a single, prioritized list\nof true risks enriched with intelligence and protection context.\n\n•\n\nCheck Point Safe Remediation - Going beyond prioritization, we safely reconfigure existing\nsecurity controls to close exposures and block threats with minimal operational friction.\n\nWhat Sets Us Apart\n\n•\n\nStrong intelligence depth, powered by Check Point’s leading visibility and advanced processing, delivering insights that matter.\n\n•\n\nEnd-to-end actionability, combining smart prioritization with automated, safe remediation – reducing mean time to remediate\nfrom days to hours and preparing organizations for an era of AI driven attacks.\n\n \n\nOverview of Check Point Services:\n\nCheck Point offers its customers with end-to-end customized solutions to fortify defenses,\noptimize threat response, maximize their investment on products with advisory and professional services offering to elevate their cyber\nposture.\n\n \n\n29\n\n \n\n•\n\nManaged Services: Comprehensive support for Check Point and third-party systems, delivered\nwith predefined Service Level Agreements (“SLAs”) for a fixed monthly fee.\n\n \n\n•\n\nManaged Detection and Response (“MDR/MPR”): A fully managed SecOps platform providing\naccess to Check Point analysts, researchers, and incident response resources.\n\n \n\n•\n\nIncident Response Services: Structured services to address and mitigate security incidents\nefficiently.\n\n \n\n•\n\nSecurity Consulting Services Managed Services: Comprehensive support for Check Point and third-party\nsystems, delivered with predefined Service Level Agreements (“SLAs”) for a fixed monthly fee.\n\n \n\n•\n\nSecurity Consulting Services: Expertise in threat exposure management, threat intelligence,\nand risk assessment.\n\n \n\n•\n\nProfessional Services: End-to-end design, deployment, optimization, and operational support\nfor Check Point solutions.\n\n \n\n•\n\nTraining Services: Programs focused on security awareness and executive training to enhance\norganizational security maturity.\n\n \n\n•\n\nFlex Credits: Prepaid service credits offering one year of flexible access to a range of cyber\nsecurity services.\n\nCheck Point Technology Leadership in 2025\n\nDuring 2025 we were endorsed by market analysts for our leadership position in 28\nreports. Below are some of the highlight reviews:\n\n \n\nGartner\n\no\n\nGartner® Magic Quadrant™ Leader for Hybrid Mesh Firewalls becoming the only vendor to be listed as a Leader for the 24th\ntime, 2025\n\no\n\nGartner® Magic Quadrant™ Challenger for Endpoint Protection Platforms, 2025\n\no\n\nGartner® Magic Quadrant™ Leader for Email Security Platforms, 2025\n\n \n\nForrester\n\no\n\nThe Forrester Wave™: Enterprise Email Security, 2025\n\n \n\no\n\nThe Forrester Wave™: Zero Trust Platform Providers, 2025\n\n \n\nFrost & Sullivan\n\no\n\nFrost & Sullivan® Radar Leader for Endpoint Security, 2025\n\no\n\nFrost & Sullivan® Radar Leader for Secure Access Service Edge, 2025\n\no\n\nFrost & Sullivan® Radar Leader for Managed Detection and Response (MDR), 2025\n\n \n\nGigaOm\n\no\n\nGigaOm® Radar Leader for CIEM Solutions V2.0 2025\n\no\n\nGigaOm® Radar Leader for Cloud Workload Security, 2025\n\no\n\nGigaOm® Radar Leader for Enterprise Firewall 2025\n\no\n\nGigaOm® Radar Leader for Extended Detection & Response (EDR) 2025\n\no\n\nGigaOm® Radar Leader for Zero Trust Network Access (ZTNA), 2025\n\no\n\nGigaOm® Radar Leader for Anti-Phishing, 2025\n\nMiercom\n\no\n\nFor the fourth consecutive year, Check Point attained Secure Certification in Miercom Enterprise & Hybrid Mesh Firewall Benchmark\nReport 2025. Miercom lab tests showed 99.9% malware block rate against Zero+1 Day attacks, 99.7% of phishing attacks, and 98% intrusion\nprevention for high & critical threats.\n\n30\n\n \n\nAcquisition and other Corporate Information\n\n \n\nIn February 2026, we acquired 100% of the share capital of Cyclops\nSecurity Ltd. a privately held Israeli company and a leader in Cyber Asset Attack Surface Management (“CAASM”).\n\n \n\nIn February 2026, we acquired 100% of the share capital of Cyata\nSecurity Ltd. a privately held Israeli company specializing in discovering, understanding, and governing autonomous AI agents.\n\n \n\nIn February 2026, we acquired the talent of Rotate Ltd., a privately\nheld Israeli company to drive continued growth and momentum for Workspace solutions within the managed service providers (MSP) sector.\n\n \n\nIn October 2025, we acquired 100% of the share capital of Lakera\nAI AG, a privately held Swiss company, a leading AI-native security platforms for Agentic AI applications.\n\n \n\nIn June 2025, we acquired 100% of the share capital of Veriti\nSecurity Ltd., a privately held Israeli company and a provider of a fully automated, multi-vendor pre-emptive threat exposure and mitigation\nplatform.\n\n \n\nIn February 2025, we entered into a strategic partnership with\nWiz Ltd. to address the growing challenges enterprises face securing hybrid cloud environments. This collaboration is intended to bridge\nthe longstanding gap between cloud network security and Cloud Native Application Protection (“CNAPP”) through a deep technological\nintegration and strategic business alliance, delivering an industry-leading unified, holistic security solution.\n\n \n\nIn September 2024, we acquired 100% of the share capital of Cyberint\nTechnologies Ltd., a privately held Israeli company that specializes in comprehensive external risk management solutions, including the\ndetection and takedown of impersonating website, phishing and social media accounts, as well as stolen credentials and leaked data associated\nwith organizations.\n\n \n\nIn October 2023, we acquired 100% of the share capital of rmsource\nInc., a privately held US-based company and a provider of managed security, cloud and IT services, to expand Infinity Global Services\nwith new managed security services across networks, cloud and security operations.\n\n \n\nIn September 2023, we acquired 100% of the share capital of Perimeter\n81 Ltd., a privately held Israeli company and a leading provider of Zero Trust Network Access (ZTNA) and Secure Service Edge (SSE) software.\n\n \n\nIn September 2023, we acquired 100% of the share capital of Atmosec\nLtd., a privately held Israeli company that specializes in the rapid discovery and disconnection of malicious SaaS applications, preventing\nrisky third-party SaaS communications, and rectifying SaaS misconfigurations. \n\n \n\nIn February 2022, we acquired 100% of the share capital of Spectral\nCyber Technologies Ltd., a privately held Israeli company and key innovator in developer-first security tools designed by developers for\ndevelopers, to extend our cloud solution.\n\n \n\nIn September 2021, we acquired 100% of the share capital of Avanan,\nInc., a privately-held US-based company providing cloud email security, and the developer of a patented application-programming interface\n(API) solution to stop email threats before arriving to the inbox (inline), for both internal and external emails using AI based engines.\n\n \n\nFurther details regarding the material events in the development\nof our business since the beginning of 2023 are provided in “Item 5 – Operating and Financial Review and Prospects”\nunder the caption “Overview”.\n\n \n\nWe incorporated as a company under the laws of the State of Israel\nin 1993 under the name of “Check Point Software Technologies Ltd.” Our registered office and principal place of business is\nlocated at 5 Shlomo Kaplan Street Tel Aviv 6789159, Israel. The telephone number of our registered office is 972-3-753-4555. Our company’s\nwebsite is www.checkpoint.com. The contents of our website are not incorporated by reference into this Annual Report.\n\n \n\nThis Annual Report is available on our website at www.checkpoint.com.\nIf you would like to receive a printed copy via mail, please contact our Investor Relations department at ir@us.checkpoint.com. The SEC\nalso maintains an Internet site that contains reports, proxy and information statements, and other information regarding issuers that\nfile electronically with the SEC. The address of that website is www.sec.gov.\n\n \n\nOur agent for service of process in the United States is CT Corporation\nSystem, 818 West Seventh Street, Los Angeles, CA 90017 U.S.A.; Tel: 213-627-8252.\n\n31\n\n \n\n \n\nRevenues by Category of Activity\n\n \n\nThe following table presents our revenues for the last three\nfiscal years by category of activity:\n\n \n\n \n\n \n\nYear Ended December 31,\n\n \n\n \n\n \n\n2025\n\n \n \n\n2024\n\n \n \n\n2023\n\n \n\n \n \n\n(in millions)\n\n \n\nCategory of Activity:\n\n \n \n \n \n \n \n\nProducts and licenses\n\n \n\n$\n\n548.2\n\n \n \n\n$\n\n507.9\n\n \n \n\n$\n\n497.4\n\n \n\nSecurity subscriptions\n\n \n\n$\n\n1,219.0\n\n \n \n\n$\n\n1,104.2\n\n \n \n\n$\n\n981.2\n\n \n\nSoftware updates and maintenance\n\n \n\n$\n\n958.2\n\n \n \n\n$\n\n952.9\n\n \n \n\n$\n\n936.1\n\n \n\n \n\n \n \n \n \n \n \n \n \n \n \n \n \n\nTotal revenues\n\n \n\n$\n\n2,725.4\n\n \n \n\n$\n\n2,565.0\n\n \n \n\n$\n\n2,414.7\n\n \n\nFor information regarding our revenue by geographic market, please\nrefer to “Item 5 – Operating and Financial Review and Prospects” under the caption “Overview”.\n\n \n\nSales and Marketing\n\nWe primarily sell our products and services through a two-tier\ndistribution model; distributors that sell to resellers and to service providers and Managed Security Service Providers (“MSSPs”),\nwho sell to end-customers. We support our channel partners with a dedicated team of experienced sales professionals including account\nmanagers, channel managers and sales engineers.\n\n In 2024, we created a demand generation marketing organization\nfocused on the development and conversion of prospect and customer marketing leads to high quality sales leads. In addition to corporate\nand demand generation marketing, Check Point marketing also includes marketing for products, partners, field promotions, digital promotions,\nand solutions-oriented thought leadership. In 2025, we continued to invest in sales and marketing resources.\n\n \n\nAs of December 31, 2025, we had 3,066 employees and subcontractors\nin our sales and marketing organization, with a majority of them dedicated to presales and marketing support located in various jurisdictions.\n\n \n\nSupport and Services\n\n \n\nWe operate a worldwide technical services organization which\nprovides a wide range of services including: (i) technical customer support programs and plans; (ii) professional services in\nimplementing, upgrading and optimizing Check Point products, such as design planning and security implementation; and (iii) certification\nand educational training on Check Point products.\n\n \n\nOur technical assistance centers in the United States, Israel,\nCanada, Japan, India, China, and Australia offer support worldwide, 24-hour service, seven days per week. \n\n \n\nAs of December 31, 2025, we had 1,168 employees and subcontractors\nin our technical services organization.\n\nResearch and Product Development\n\n \n\nWe believe that our future success will depend upon our ability\nto enhance our existing products, and to develop, acquire and introduce new products to address the increasingly sophisticated needs of\nour customers.\n\n \n\nAs of December 31, 2025, we had 2,154 employees and subcontractors\ndedicated to research and development activities and quality assurance.\n\n \n\nCompetition\n\n \n\nInformation concerning competition is provided in “Item\n3 – Key Information” under the caption “Risk Factors – Risks Related to Our Business and Our Market – We\nmay not be able to successfully compete, which could adversely affect our business and results of operations”.\n\nEnvironmental, Social and Governance (“ESG”)\n\n \n\nSince our inception, Check Point’s mission has been to make\nthe world a safer place.  As a global cyber security provider, the Company views our long-term success as inherently linked to the\nsuccess of our key stakeholders, and as such, ESG considerations are integrated into our business strategy and operations.\n\n32\n\n \n\nSocial Standards:\n\n \n\n•\n\nCommunity – Check Point supports charitable giving and employee volunteering programs\nacross the regions in which we operate.  Our community engagement and giving policies are governed by the Corporate Responsibility\nPolicy and the Social Investment and Volunteering Statement.\n\n \n\n•\n\nHuman Resources – Human capital is a core asset of our Company. We are committed to\npromoting an engaging, supportive, and inclusive work environment, free from discrimination and harassment, where our employees can grow\nand learn together. Our human resources commitments, programs, and policies are governed and implemented through our Social Engagement\nPolicy, Human Rights and Labor Policy, Training and Employee Development Policy, and Modern Slavery and Forced Labor Statement. In 2025,\nwe continued to invest in the personal and professional development of our workforce, while ensuring that all voices, opinions, and outlooks\nare heard and fairly addressed.\n\n \n\n•\n\nSupply Chain – We uphold high social and human rights standards across our supply chain,\nwith the goal of ensuring that the working conditions are safe and that all business operations are conducted ethically. Key suppliers\nand business partners are asked to comply with the standards of business, labor, environmental, and ethical conduct set out in our Supply\nChain and Business Partner Code of Conduct, which is aligned with the Responsible Business Alliance (“RBA”) Code of Conduct\nguidelines. These standards are further supported by our Supply Chain s Policy.\n\n \n\nEnvironmental\nStandards:\n\n \n\nAs a global company, we seek to promote a responsible relationship\nwith the environment. It is our belief that our impact on the environment is predominately related to our products, services, and operations.\nOur Environmental Policy establishes the framework for compliance with environmental laws and regulations, as well as for identifying,\nassessing, and managing relevant climate change-related risks and opportunities to our business.\n\n \n\nGovernance\nStandards:\n\n \n\nII.\n\nCorporate Governance – Relevant ESG governance considerations are integrated into our\nwider corporate governance structure, alongside our commitment to operating according to standards of responsible business conduct, ethical\nprinciples, and a strong corporate governance structure, ensuring that we maintain full accountability, integrity, and transparency in\nour business practices. Our corporate governance framework is upheld by our Corporate Governance Guidelines, which assist the director\nand committee members in fulfilling their oversight responsibilities.\n\n \n\nIII.\n\nESG Governance – The Nominating, Sustainability, and Corporate Governance Committee\nof the board is responsible for overseeing our ESG program, including oversight of relevant risks, policies, and programs, conducts ongoing\nmanagement of ESG matters.\n\n \n\nIV.\n\nEthics – Check Point maintains a comprehensive ethical compliance framework that is\napplicable to directors, officers, employees, and relevant third parties. Relevant policies and guidelines that guide our company’s\nethics include: the Code of Ethics and Business Conduct, which establishes clear standards of behavior and conduct; Anti-Corruption, Bribery,\nand Money Laundering Policy; Insider Trading Policy; Privacy Policy; Responsible AI Policy; and Whistleblower Procedure. As a global cyber\nsecurity company, information security and data protection are critical to our operations, supported by a global security framework aligned\nwith recognized industry standards and best practices, including for governance of responsible artificial intelligence principles.\n\n \n\nOur annual ESG Report, which provides additional information on our ESG strategy, \ninitiatives, and metrics, is available on our website at https://www.checkpoint.com/about-us/esg/.\nThe ESG Report and the contents of the Company’s website are not incorporated by reference into this Annual Report.\n\n \n\n Proprietary Rights\n\n \n\nCheck Point relies on a combination of copyright and trademark\nlaws, trade secrets, confidentiality procedures and contractual provisions to protect its proprietary rights. Check Point relies on trade\nsecrets and copyright laws to protect its software, documentation, and other written materials. Further, Check Point generally enters\ninto confidentiality agreements with employees, consultants, customers and potential customers, and limits access and distribution of\nmaterials and information that the company considers proprietary.\n\n \n\nCheck Point and its subsidiaries have 158 issued patents in the\nU.S. and in other regions and 16 pending patent applications worldwide. Our efforts to protect our patent rights and other proprietary\nrights may not be adequate and our competitors may independently develop technology that is similar. Additional details are provided in\n“Item 3 – Key Information” under the caption “Risk Factors – Risks Related to Our Business and Our Market\n– We may not be able to successfully protect our intellectual property rights”.\n\n33\n\n \n\nEffect of Government Regulation on our Business\n\n \n\nInformation concerning regulation is provided in “Item\n5 – Operating and Financial Review and Prospects” under the caption “Taxes on income” and in “Item 10 –\nAdditional Information” under the caption “Israeli taxation, foreign exchange regulation and investment programs”.\n\n \n\nOrganizational\nStructure\n\n \n\nWe are organized under the laws of the State of Israel. We wholly\nown the subsidiaries listed below, directly or through other subsidiaries, unless otherwise specified in the footnotes below:\n\n \n\nNAME OF SUBSIDIARY\n\n \n\nCOUNTRY OF INCORPORATION\n\nCheck Point Software Technologies, Inc.\n\n \n\nUnited States of America (Delaware)\n\nCheck Point Software (Canada) Technologies Inc.\n\n \n\nCanada\n\nCheck Point Software Technologies (Japan) Ltd.\n\n \n\nJapan\n\nCheck Point Software Technologies (Netherlands) B.V.\n\n \n\nNetherlands\n\nCheck Point Holding (Singapore) PTE Ltd.\n\n \n\nSingapore\n\nCheck Point Holding (Singapore) PTE Ltd. – Rep office Indonesia\n(1)\n\n \n\nSingapore\n\nCheck Point Holding (Singapore) PTE Ltd. –US, NY Branch (2)\n\n \n\nSingapore\n\nIsrael Check Point Software Technologies Ltd. China (3)\n\n \n\nChina\n\nCheck Point Holding AB (4)\n\n \n\nSweden\n\nCheck Point Software Technologies South Africa PTY. Ltd\n\n \n\nSouth Africa\n\nCheck Point Software (Kenya) Limited\n\n \n\nKenya\n\nCheck Point Software Technologies B.V Nigeria Ltd. (5)\n\n \n\nNigeria\n\nCheck Point Serverless Security Ltd. (6)\n\n \n\nIsrael\n\nCheck Point Email Security Ltd. (7)\n\n \n\nIsrael\n\nAvanan, Inc.\n\n \n\nUnited States of America (Delaware)\n\nZone Labs, L.L.C. (8)\n\n \n\nUnited States of America (California)\n\nCheck Point Software Technologies (Sweden) AB. (9)\n\n \n\nSweden\n\nCheck Point Software Technologies (Sweden) AB. – Dubai Branch\n(10)\n\n \n\nSweden\n\nLakera AI AG\n\n \n\nSwitzerland\n\nLakera Inc. (11)\n\n \n\nUnited States of America (Delaware)\n\nVeriti Security Ltd. (6)\n\n \n\nIsrael\n\nVeriti Security Inc. (12)\n\n \n\nUnited States of America (Delaware)\n\nCyata Security Ltd.\n\n \n\nIsrael\n\nCyata Security, Inc. (13)\n\n \n\nUnited States of America (Delaware)\n\nCyclops Security Ltd.\n\n \n\nIsrael\n\nCyclops Security Inc. (14)\n\n \n\nUnited States of America (Delaware)\n\nCyberint Singapore Pte Ltd. (15)\n\n \n\nSingapore\n\nCyberint Inc. (15)\n\n \n\nUnited States (Delaware)\n\n(1)\n\nRepresentative office of Check Point Holding (Singapore) PTE Ltd.\n\n(2)\n\nBranch of Check Point Holding (Singapore) PTE Ltd.\n\n(3)\n\nRepresentative office of Check Point Software Technologies Ltd.\n\n(4)\n\nSubsidiary of Check Point Holding (Singapore) PTE Ltd. (former name: Protect Data\nAB)\n\n(5)\n\nSubsidiary of Check Point Holding (Singapore) PTE Ltd. and Check Point Yazilim Teknolojileri\nPazarlama A.S.\n\n(6)\n\nUnder intercompany merger process into Check Point Software Technologies Ltd.\n\n(7)\n\nSubsidiary of Avanan, Inc.\n\n(8)\n\nSubsidiary of Check Point Software Technologies Inc.\n\n(9)\n\nSubsidiary of Check Point Holding AB\n\n(10)\n\nBranch of Check Point Software Technologies (Sweden) AB.\n\n(11)\n\nSubsidiary of Lakera AI AG\n\n(12)\n\nSubsidiary of Veriti Security Ltd.\n\n(13)\n\nSubsidiary of Cyata Security Ltd.\n\n(14)\n\nSubsidiary of Cyclops Security Ltd.\n\n(15)\n\nUnder intercompany merger or dissolution process.\n\n34\n\n \n\nCheck Point Software Technologies (Netherlands) B.V. acts as a holding company. It\nwholly owns all or substantially all of the share capital of the principal operating subsidiaries listed below, unless otherwise indicated\nin the footnotes below:\n\nNAME OF SUBSIDIARY\n\n \n\nCOUNTRY OF INCORPORATION\n\nCheck Point Software Technologies S.A.\n\n \n\nArgentina\n\nCheck Point Software Technologies (Australia) PTY Limited\n\n \n\nAustralia\n\nCheck Point Software Technologies (Austria) GmbH\n\n \n\nAustria\n\nCheck Point Software Technologies Belarus LLC (1)\n\n \n\nBelarus\n\nCheck Point Software Technologies (Belgium)\n\n \n\nBelgium\n\nCheck Point Software Technologies (Brazil) LTDA\n\n \n\nBrazil\n\nCheck Point Software Technologies (Hong Kong) Ltd. (Guangzhou office)\n(2)\n\n \n\nChina\n\nHong Kong SAR Check Point Software Technologies (Hong Kong) Ltd.\n(Shanghai office) (2)\n\n \n\nChina\n\nCheck Point Software Technologies (Czech Republic) s.r.o.\n\n \n\nCzech Republic\n\nCheck Point Software Technologies (Denmark) ApS\n\n \n\nDenmark\n\nCheck Point Software Technologies (Finland) Oy\n\n \n\nFinland\n\nCheck Point Software Technologies Eurl\n\n \n\nFrance\n\nCheck Point Software Technologies GmbH\n\n \n\nGermany\n\nCheck Point Software Technologies (Greece) SA\n\n \n\nGreece\n\nCheck Point Software Technologies (Hungary) Ltd.\n\n \n\nHungary\n\nCheck Point Software Technologies (Hong Kong) Limited\n\n \n\nHong Kong\n\nCheck Point Software Technologies India Private Limited\n\n \n\nIndia\n\nCheck Point Software Technologies (Italia) S.r.l\n\n \n\nItaly\n\nCheck Point Software Technologies Mexico S.A. de C.V.\n\n \n\nMexico\n\nCheck Point Software Technologies (Beijing) Co., Ltd.\n\n \n\nChina\n\nCheck Point Software Technologies (New Zealand) Limited\n\n \n\nNew Zealand\n\nCheck Point Software Technologies Norway A.S.\n\n \n\nNorway\n\nCheck Point Software Technologies (Philippines) Inc.\n\n \n\nPhilippines\n\nCheck Point Software Technologies (Poland) Sp.z.o.o.\n\n \n\nPoland\n\nCPST (Portugal), Sociedade Unipessoal Lda.\n\n \n\nPortugal\n\nCheck Point Software Technologies (RMN) SRL\n\n \n\nRomania\n\nCheck Point Software Technologies (Russia) OOO\n\n \n\nRussia\n\nCheck Point Software Technologies (Korea) Ltd.\n\n \n\nSouth Korea\n\nCheck Point Software Technologies (Spain), S.A.\n\n \n\nSpain\n\nCheck Point Software Technologies (Switzerland) AG\n\n \n\nSwitzerland\n\nCheck Point Software Technologies (Taiwan) Ltd.\n\n \n\nTaiwan\n\nCheck Point Yazilim Teknolojileri Pazarlama A.S.\n\n \n\nTurkey\n\nCheck Point Software Technologies (UK) Ltd.\n\n \n\nUnited Kingdom\n\n \n\n(1)\n\nUnder dissolution process\n\n(2)\n\nRepresentative office of Check Point Software Technologies (Hong Kong) Ltd.\n\n35\n\nProperty, Plants and Equipment\n\nAs of December 31, 2025, we own our headquarters located in Tel\nAviv, Israel and we lease offices in various locations throughout the world. The breakdown in the various geographies (excluding external\ndata centers) is as follows:\n\n \n\nLocation\n\n \n\nSpace (square feet)\n\n \n\nIsrael\n\n \n \n\n380,784\n\n*)\n\nAmericas\n\n \n \n\n110,427\n\n \n\nEurope, Middle East and Africa\n\n \n \n\n70,643\n\n \n\nAsia Pacific\n\n \n \n\n81,359\n\n \n\n                                      \n\n*) We acquired ownership of our international\nheadquarters located in Tel Aviv, Israel pursuant to a pre-paid 49 year long-term lease on the land with the City of Tel Aviv –\nJaffa. No additional payments are due under such long-term lease. Our international headquarters building contains approximately 332,000\nsquare feet of office space. In addition, we lease approximately 48,000 square feet of additional space substantially all in Tel Aviv,\nIsrael and around.\n\nIn March 2025, we submitted a tender bid, together with Israel Canada (T.R.) Ltd.,\nan Israeli company publicly traded on the Tel Aviv Stock Exchange (“Israel Canada”), for the long-term prepaid lease of a\nland lot in Tel Aviv, Israel, which is adjacent to our headquarters in Tel Aviv.\n\nThe tender was conducted by the Tel Aviv-Jaffa Municipality and the Israel Electric\nCompany Ltd., and in June 2025 our joint bid with Israel Canada for NIS 818 million (approximately $241 million) plus Israeli VAT, was\napproved as the winning bid. Our portion of the aggregate purchase price payable pursuant to the bid was NIS 500 million, plus Israeli\nVAT (total net payment including unrecoverable taxes was approximately $160 million).\n\nWe intend to develop the commercial portion of the land lot, a piece of land within\nwalking distance from the Company’s current headquarters in Tel Aviv and connected by a park, to address our expansion plans for\nthe coming years. We expect significant investment to be associated with developing and building the commercial portion of the land. We\ncurrently expect the construction of the campus to be completed in 2032.\n\n \n\nPrincipal Capital Expenditures and Divestitures\n\n \n\nFor more information regarding our principal capital expenditures\ncurrently in progress, see “Item 5 – Operating and Financial Review and Prospects” under the caption “Liquidity\nand Capital Resources”."}