Slide 1: 1Q 2026 Presentation
1Q 2026 PRESENTATION RENESAS ELECTRONICS CORPORATION APRIL 24, 2026 © 2026 Renesas Electronics Corporation. All rights reserved.
Slide 2: Non-GAAP Basis Information
NON-GAAP BASIS INFORMATION In this section, Renesas Electronics Group (hereinafter “the Group”) applies Non-GAAP financial measures (hereinafter “Non-GAAP basis”) used for management’s decision making. Non-GAAP figures are calculated by removing or adjusting non-recurring items and other adjustments
Slide 3: Disclaimer
DISCLAIMER ▪ Adoption of IFRS: With the outlook that the Group will continue to expand globally and to provide financial figures that can be compared on a global scale, the Group discloses its consolidated financial statements in accordance with IFRS starting from the annual securities report for FY
Slide 4: 1Q 2026 Financial Snapshot
1Q 2026 FINANCIAL SNAPSHOT NON-GAAP 2025 2026 Results adjusted for the Timing business3 1Q 1Q 1Q 1Q Change from 1Q 4Q (Jan-Mar) (Jan-Mar) Change from (Jan-Mar) (Jan-Mar) FCT1 (B yen) (Jan-Mar) (Oct-Dec) Forecast Actual YoY QoQ Feb. 5 FCT1 Forecast Actual (Adjusted) 375.0 Revenue 308.8 350.9 (±7.5) 3
Slide 5: 1Q 2026 Revenue and Gross / Operating Margin
1Q 2026 REVENUE AND GROSS / OPERATING MARGIN1 RESULTS ADJUSTED FOR THE TIMING BUSINESS1 Industrial / Company Total vs FCT QoQ Automotive Infrastructure / IoT 369.1 B yen 171.6 B yen 195.9 B yen Revenue vs FCT: +1.4% vs FCT: + vs FCT: + QoQ: +7.9% QoQ: +5.4% QoQ: +10.3% Gross 59.1 % ▲ Mix improvement
Slide 6: Quarterly Revenue Trends
QUARTERLY REVENUE TRENDS NON-GAAP (B yen) ■Automotive ■Industrial ■Infrastructure ■IoT □Others Total Revenue1 YoY: +20.6% (+16.0%) QoQ: +6.1% (+3.3%) 372.3 358.8 350.9 345.3 334.2 324.6 308.8 292.6 Automotive1 171.7 YoY: +10.6% (+4.5%) 190.4 163.3 QoQ: +5.2% (+4.2%) 185.5 159.2 161.8 155.3 148.8 Ind
Slide 7: Inventory
INVENTORY In-House Inventory1 (Financial Accounting Basis) Sales Channel Inventory3 (Management Accounting Basis4) (Days) DOI2 WOI5 (Weeks) 160 1Q Results: Increased 1Q Results: Increased 14 140 (Decreased WOI) 12 120 ▪ WIP: Production based 10 ▪ Automotive: Decreased 100 on demand 8 due to increase
Slide 8: Front-End Utilization Rate and Capital Expenditures
FRONT-END UTILIZATION RATE1 AND CAPITAL EXPENDITURES2 Front-end Utilization Rate (Wafter Input Basis) Capital Expenditures Total 6-inch line 8-inch line 12-inch line (B yen) Revenue Ratio3 30% 100% 80% 20% 94.0 60% 10% 40% 36.6 0% 20% 22.2 18.8 17.3 17.8 12.7 8.4 0% -10% 2Q24 3Q 4Q 1Q25 2Q 3Q 4Q 1Q2
Slide 9: 2Q 2026 Forecast
2Q 2026 FORECAST NON-GAAP 2025 2026 Adjusted for the Timing business2 2Q (Apr-Jun) Midpoint 1H 2025 2026 2Q 1H 1Q Forecast (Jan-Jun) 2Q YoY 1Q QoQ (B yen) (Apr-Jun) (Jan-Jun) (Jan-Mar) (Range)1 YoY QoQ Forecast YoY (Apr-Jun) (Adjusted) (Jan-Mar) (Adjusted) 388.0 +19.5% +4.2% 760.3 +20.0% Revenue 324
Slide 10: Appendix
APPENDIX The figures in this section are mainly based on segment disclosure and GAAP (IFRS) stated on a financial reporting basis and are provided as additional information. © 2026 Renesas Electronics Corporation. All rights reserved. Page 10
Slide 11: Business Trends
BUSINESS TRENDS NON-GAAP 2025 2026 1Q 2Q 3Q 4Q Full-Year 1Q (B yen) (Jan-Mar) (Apr-Jun) (Jul-Sep) (Oct-Dec) (Jan-Dec) (Jan-Mar) YoY QoQ Revenue 308.8 324.6 334.2 350.9 1,318.5 372.3 +20.6% +6.1% Gross Margin 56.7% 56.8% 57.6% 59.3% 57.6% 59.2% +2.4pts -0.1pt Operating Expenses1 91.4 92.5 89.3 99.9 3
Slide 12: Revenue and Gross Profit by Segment
REVENUE AND GROSS PROFIT BY SEGMENT NON-GAAP 2025 2026 1Q 2Q 3Q 4Q Full-Year 1Q (B yen) (Jan-Mar) (Apr-Jun) (Jul-Sep) (Oct-Dec) (Jan-Dec) (Jan-Mar) YoY QoQ Revenue 308.8 324.6 334.2 350.9 1,318.5 372.3 +20.6% +6.1% Automotive 155.3 161.8 159.2 163.3 639.7 171.7 +10.6% +5.2% Industrial, Infrastructur
Slide 13: Operating Profit and EBITDA by Segment
OPERATING PROFIT AND EBITDA1 BY SEGMENT NON-GAAP 2025 2026 1Q 2Q 3Q 4Q Full-Year 1Q (B yen) (Jan-Mar) (Apr-Jun) (Jul-Sep) (Oct-Dec) (Jan-Dec) (Jan-Mar) YoY QoQ Operating Profit 83.8 91.9 103.2 108.0 386.9 125.4 +41.6 +17.4 (Margin) (27.1%) (28.3%) (30.9%) (30.8%) (29.3%) (33.7%) (+6.5pts) (+2.9pts)
Slide 14: Statement of Financial Position
STATEMENT OF FINANCIAL POSITION GAAP (B yen) 2025/3 2025/6 2025/9 2025/12 2026/3 Total Assets 4,195.5 3,872.2 4,012.7 4,177.2 4,227.4 Cash and Cash Equivalents1 177.6 211.1 238.4 295.9 267.6 Inventories 175.6 165.7 174.5 185.9 200.0 Goodwill 2,134.5 2,067.9 2,125.6 2,239.3 2,286.2 Intangible Assets
Slide 15: GAAP / Non-GAAP Reconciliation
GAAP / NON-GAAP RECONCILIATION 2025 2026 1Q (Jan-Mar) Full-Year 1Q (Jan-Mar) Operating Operating Operating (B yen) Gross Profit Profit Net Profit1 EBITDA Gross Profit Profit Net Profit1 EBITDA Gross Profit Profit Net Profit1 EBITDA Non-GAAP 175.2 83.8 73.3 103.5 759.9 386.9 329.3 464.1 220.3 125.4 1
Slide 16: 1Q 2026 Consolidated Operating Profit: Bridge from Non-GAAP to GAAP
1Q 2026 CONSOLIDATED OPERATING PROFIT BRIDGE FROM NON-GAAP TO GAAP (B yen) Former-Intersil 125.4 PPA Effects Former-IDT PPA Effects Former-Dialog PPA Effects Former-Altium PPA Effects Other Stock-Based Compensation Timing Business PPA Effects Adjustment Others 90.6 Recurring Items Non-Recurring Item
Slide 17: 1Q 2026 Financial Snapshot (GAAP)
1Q 2026 FINANCIAL SNAPSHOT GAAP 2025 2026 1Q 4Q 1Q (B yen) (Jan-Mar) (Oct-Dec) (Jan-Mar) YoY QoQ Revenue 308.8 351.5 380.3 +23.2% +8.2% Gross Margin 56.0% 59.0% 58.7% +2.7pts -0.3pt Operating Profit 21.5 67.2 90.6 +69.0 +23.3 (Margin) (7.0%) (19.1%) (23.8%) (+16.8pts) (+4.7pts) Profit Attributable t
Slide 18: Highlights
HIGHLIGHTS R-Car Gen4 GaN Products Radiation Hardened ICs ▪ Renesas R-Car V4H ADAS SoC ▪ Renesas Unveils First Bidirectional ▪ Renesas’ Radiation Hardened ICs Selected for Toyota RAV4 Model 650V-Class GaN Switch For Solar Take Flight on NASA’s Artemis II ▪ R-Car V4H performs core ADAS Power Inverter
Slide 19: Altium Progress to Date
ALTIUM PROGRESS TO DATE General Availability of Renesas 3652 Group ARR1 Progression +8% YoY First open end-to-end electronics development platform unites early concept validation, device exploration, model-based system development and device lifecycle management in one unified cloud environment 3Q24
Slide 20: Renesas at a Glance
RENESAS AT A GLANCE 2025 Highlight1 Growth Trajectory1 Revenue Gross Operating Margin Margin 1,500 (B yen) Revenue Operating Margin FCF Margin2 60% 1,318.5 B yen 29.3% 25.1% 1,000 40% Gross Margin EBIDTA Margin EPS 500 20% 57.6% 35.2% 182.27 yen 0 0% 2020 2021 2022 2023 2024 2025 Revenue Composition
Slide 21: Renesas.com (Forward-Looking Statements)
Renesas.com (FORWARD-LOOKING STATEMENTS) The statements in this presentation with respect to the plans, strategies and forecasts of Renesas Electronics and its consolidated subsidiaries (collectively “we”) are forward-looking statements involving risks and uncertainties. Such forward looking stateme