Slide 1: Investor Event
Exhibit 99.1 INVESTOR EVENT
Slide 2: Disclosures
DISCLOSURES Cautionary Statement Regarding Forward Looking Statements Statements contained in this presentation that are not historical fact may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such
Slide 3: Agenda
AGENDA Topic Speaker Vision Charles Liang, CEO and Chairman of the Board Financial David Weigand, CFO Q&A
Slide 4: Supermicro DNA - Innovations
SUPERMICRO DNA - INNOVATIONS Building Block Silicon Valley Under the Same Optimized Solutions Advantages Roof US/TW/NL Total Solution - New Technologies - Close to Leading - From Marketing, Design - Motherboard, Power - New Features Technology Partners to Production and Supplies, Chassis and - Syste
Slide 5: SMCI vs Industry Growth Rate
SMCI vs INDUSTRY GROWTH RATE 100 80 60 10K Delay Impact Stock Delisted 40 % COVID19 20 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 -20 -40 Supermicro Industry Avg* Target* *Industry Avg based on Gartner & IDC estimates
Slide 6: The Only Fast Growing US-Based HW Company 2000-2016
THE ONLY FAST GROWING US-BASED HW COMPANY 2000-2016 Resume Fast Growth 1. Building Fundamentals (pre-IPO) 5 • 14 Years of Consistent Growth, 90% in USA 1 2 3 4 2. IPO = Aggressive Growth Period $10B • Not Enough Capacity (Demand > Supply) 3. 10K Delay Setback • 10K Delay (Delisted from NASDAQ, 3.5-
Slide 7: New & Leading Products
NEW & LEADING PRODUCTS Greenest 2U2N &.. Resource Saving Coming Soon Ice B2B/B2C Solution/ GPU Solutions SuperBlade Lake Product Lines Automation - New server solutions - Won large deals with - TTM (Twin, GPU, etc) - Command Center- architecture for 2021 five Fortune 100 - The broadest and based USA
Slide 8: Main Growth Drivers
MAIN GROWTH DRIVERS OEM & 5G, Telco & Organic (Enterprise & Large DC Edge/IoT Channel), AI / ML 2021 TAM* $35B $20B $35B $xB WW CAGR* (2020 – 2025) 2% 8% 6% % Supermicro Current Market Share 7% ($2.5B) 2% ($0.4B) 1% ($0.4B) % Target 5-yr CAGR 13% ($4.5B) 35% ($1.8B) 45% ($2.2B) % *IDC and SMCI est.
Slide 9: US HQ & Big Taiwan HQ: Improving Economies of Scale and Cost
US HQ & BIG TAIWAN HQ: IMPROVING ECONOMIES OF SCALE AND COST Historical: USA Centric Operation Now/Post-COVID19: USA + Taiwan Centric Operation • USA heavily impacted by COVID19 and is slowly improving • Taiwan has no impact, especially with much lower costs Long Term: Resume USA Centric Operation w
Slide 10: Customer Focus
CUSTOMER FOCUS $10B+ Total Annual Revenue in 3-6 Years
Slide 11: RSU for CEO
$1 $1SALARY, SALARY,NO NOBONUS, BONUS,NO NORSU RSUFOR CEO FOR – ONLY CEO PERFORMANCE - Only OPTION Performance Option Purpose - Energize our employees to a much more dedicated, passionate company culture and performance like we had from 1993 to 2016. - Strengthen the original aggressive growth legac
Slide 12: We Are Back! – $10B/Y Revenue
WE ARE BACK! – $10B/Y REVENUE Resume • The ONLY USA-based hardware company with 2X – Fast Growth 3X CAGR of the industry from 1993 to 2016 • The 10K delay setback 2017 to 2020 – The 5 disrupted leadership group, too much overhead $10B 1 2 3 4 and slowed business Down (phase 3) • COVID19 - disruption
Slide 13: Increasing Long Term Value
INCREASING LONG TERM VALUE Supermicro Legacy Investments in Supermicro Investment View • 21% CAGR from 2010 – 2018 • San Jose and Taiwan capital • $200M share repurchase plan improvements allow capacity returns value to shareholders • 27 year history of profits for growth • Completion of capacity •
Slide 14: Historical Perspective
HISTORICAL PERSPECTIVE GAAP FY19 FY20 Annual Revenue Growth Rate 4.2% -4.6% Gross Margin 14.2% 15.8% R&D 5.1% 6.6% SG&A 6.2% 6.6% Operating Margin 2.9% 2.6% Tax Rate 16.6% 3.4%
Slide 15: Driving Growth - Operating Leverage & Earnings
DRIVING GROWTH - OPERATING LEVERAGE & EARNINGS Target Model Non-GAAP ** FY19 FY20 3 years Annual Revenue Growth Rate 4.2% -4.6% 17%-23% Gross Margin 14.2% 15.9% 14%-17% R&D 4.8% 5.7% 4%-5% SG&A 4.4% 5.2% 3.5%-5% Operating Margin 5.0% 5.0% 5%-8% Tax Rate 20% 10% 16%-21% **Except Annual Revenue Growth
Slide 16: Summary
SUMMARY 1. Ready to resume growth, ambitious $10B target 2. Further aligning CEO compensation and shareholder interests 3. New 3-year target operating model 4. Driving towards operating leverage and earnings growth
Slide 17: Q&A
Building Block Solutions Green Computing New Taiwan HQ for cost down Resume fast growth: 2X to 3X Q&A Preferred Question Method: Raise Your Hand, Turn on Your Camera Alternate Method: Submit questions via “Q&A” options
Slide 18: Appendix
APPENDIX
Slide 19: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation FY19 FY20 GAAP Gross Margin 14.2% 15.8% One-time employee performance bonuses 0.0% 0.1% Non-GAAP Gross Margin 14.2% 15.9% GAAP R&D 5.1% 6.6% Stock-based compensation -0.3% -0.4% One-time employee performance bonuses 0.0% -0.5% Non-GAAP R&D 4.8% 5.7% GAAP SG&A 6.2% 6.6