Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Departure of Directors OnJanuary 21, 2021 ,F5 Networks, Inc. (the "Company") directorA. Gary Ames informed the Board that he would be retiring from the Board and not be standing for re-nomination as a director at the next Annual Meeting of Shareholders (the "Annual Meeting").Mr. Ames conveyed that he believes it is the right time for him to transition off of the Board as part of the Board's succession efforts.Mr. Ames' decision was not the result of any disagreement with the Company.Mr. Ames has served on the Board sinceJuly 2004 , and has served on a number of Board committees.Mr. Ames will continue to serve as a director until the date of the Annual Meeting. The Board expressed its appreciation forMr. Ames' service to the Company. OnJanuary 21, 2021 ,F5 Networks, Inc. (the "Company") directorDeborah L. Bevier informed the Board that she would be retiring from the Board and not be standing for re-nomination as a director at the next Annual Meeting of Shareholders (the "Annual Meeting").Ms. Bevier conveyed that she believes it is the right time for her to transition off of the Board as part of the Board's succession efforts.Ms. Bevier's decision was not the result of any disagreement with the Company.Ms. Bevier has served on the Board sinceJuly 2006 , and has served on a number of Board committees.Ms. Bevier will continue to serve as a director until the date of the Annual Meeting. The Board expressed its appreciation forMs. Bevier's service to the Company.
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