Slide 1: Semiconductor Co-Investment Program Announcement
Exhibit 99.2 Semiconductor Co‐Investment Program Announcement David Zinsner Keyvan Esfarjani Executive Vice President and Executive Vice President and Chief Financial Officer Chief Global Operations Officer 1
Slide 2: Forward-Looking Statements
• Forward‐Looking Statements. This presentation contains certain forward‐looking statements related to the proposed transactions between Intel and Brookfield and certain of their affiliates, including statements regarding the benefits and the timing of the transactions, and to our Semiconductor Co‐
Slide 3: Semi Co-Investment Program Strategy
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Slide 4: Brookfield Infrastructure's Partnership Experience
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Slide 5: Details
De Det ta ails ils Equity Equity Partners Contributions Intel 51% Br Brookfield ookfield 49% 49% Cash Distributions Pr Project Bene oject Benefits fits Operator Operations and IP Control Intel 5
Slide 6: Financial Benefits
Financial Financial Bene Benefits fits Construction Production Phase Phase Adj. FCF – SCIP Model Earlier Break‐even Adj. FCF – Traditional Model Financial Financial Acc Acco oun unting ting Note: For illustrative purposes only *Adjusted free cash flow is operating cash flow adjusted for 1) additions
Slide 7: Long-term capital intensity to ~25%
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Slide 8: Sources and Uses of Funding
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Slide 10: intel.
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Slide 11: Financial Accounting
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