Qorvo, Inc. · NASDAQ:QRVO
Qorvo — Merger or Acquisition (October 2025)
15 slides from Qorvo's merger presentation, Oct 28, 2025
Slide 1: Two Proven Teams | One Stronger Future
Two Proven Teams | One Stronger Future U.S.-Based Leader in High-Performance RF, Analog and Mixed-Signal Solutions
Slide 2: Today's Presenters
Two Proven Teams | One Stronger Future Today’s Presenters Bob Bruggeworth Chief Executive Officer and President, Qorvo Phil Brace Chief Executive Officer and President, Skyworks 2
Slide 3: United in Purpose, Built for What's Next
Two Proven Teams | One Stronger Future > $22B Combined Ent. Value1 $7.7B Revenue $2.6B Broad Markets Revenue2 $2.1B Adj. EBITDA (excl. Synergies)5 $1.5B R&D3 $500M or more Annual Cost Synergies4 Note: Figures reflect LTM as of June 30, 2025. 1. Represents combined enterprise value as of the market c
Slide 4: Strategic and financial benefits of the combination
Two Proven Teams | One Stronger Future Two Proven Teams | One Stronger Future 4 Enhances scale with revenue of $7.7 billion1 and Adjusted EBITDA of $2.1 billion1 Combines complementary product and technology portfolios and world-class engineering capabilities, creating R&D scale to deliver innovativ
Slide 5: Enhanced Scale to Invest and Deliver for Customers
Two Proven Teams | One Stronger Future Enhanced Scale to Invest and Deliver for Customers Stronger Customer Partner | Enhanced Scale | Expanding TAM $4.0B Revenue $3.7B Revenue $7.7B Pro Forma Adj EBITDA1 : $2.1B Note: Figures reflect LTM as of June 30, 2025. 1 5 EBITDA figures are non-GAAP and excl
Slide 6: Stronger Innovation Pipeline to Better Serve Our Customers
Two Proven Teams | One Stronger Future Enhanced R&D scale and shared culture of engineering excellence Stronger Innovation Pipeline to Better Serve Our Customers ~$1.5B R&D Investment ~8,000 Engineers & Technical Experts Skyworks Qorvo Note: Figures reflect LTM as of June 30, 2025. Patents granted a
Slide 7: $5.1 Billion Mobile Business Positioned to Address Rising RF Complexity
Two Proven Teams | One Stronger Future Low-Band PAD ✓ Mid-High Band PAD ✓ Tx DSM ✓ Diversity Receive ✓ UHB PAD ✓ Wi-Fi, GPS ✓ Antenna Tuning ✓ ET & APT PMIC ✓ $5.1 Billion Mobile Business Positioned to Address Rising RF Complexity Combined Broader, complementary and best-in-class RF portfolio Divers
Slide 8: $2.6 Billion Diversified Broad Markets Platform
Two Proven Teams | One Stronger Future $2.6 Billion Diversified Broad Markets Platform Defense & Aerospace AI Data Center Edge IoT Automotive & Industrial • Thousands of customers • Decades of innovation & technology leadership • Attractive growth and gross margin profiles • Longer product life cycl
Slide 9: Edge IoT Significantly Expands TAM and Broadens Technology Capabilities
Two Proven Teams | One Stronger Future Edge IoT Significantly Expands TAM and Broadens Technology Capabilities Defense & Aerospace RF Low Power Clocks & Timing Digital Radio Tier 1 Defense Relationships / GaAs, GaN Foundries High-Power GaN Switches Beamformers Automotive & Industrial Wi-Fi Wireless
Slide 10: Advances U.S. Manufacturing Presence and Improves Utilization
Two Proven Teams | One Stronger Future Advances U.S. Manufacturing Presence and Improves Utilization Advancing U.S.-based production capacity with best-in-class capabilities to better serve our customers Enhances capital efficiency and improves profitability profile Deep Technology expertise in RF a
Slide 11: Highly Profitable Financial Profile
Two Proven Teams | One Stronger Future fgrade Highly Profitable Financial Profile 11 (pro forma, pre-synergies) Long-term Model Note: Figures reflect LTM as of June 30, 2025, and are non-GAAP. 1 24-36 months post-close when the companies are fully integrated. Two Proven Teams | One Stronger Future D
Slide 12: Transaction Summary
Two Proven Teams | One Stronger Future Transaction Summary Transaction Consideration • Per share consideration to Qorvo shareholders comprising: ─ $32.50 in cash; and ─ 0.960 of a share of a Skyworks common share • Pro forma ownership upon closing: approximately 63% Skyworks and 37% Qorvo1 Financial
Slide 13: United in Purpose, Built for What's Next
United in Purpose Built for What’s Next
Slide 14: Important Information About the Proposed Transaction and Where to Find It
Two Proven Teams | One Stronger Future Important Information About the Proposed Transaction and Where to Find It In connection with the Mergers, Skyworks intends to file with the SEC a registration statement on Form S-4 (the “Registration Statement”), which will include a prospectus with respect to
Slide 15: Cautionary Statement Regarding Forward-Looking Statements
Two Proven Teams | One Stronger Future Cautionary Statement Regarding Forward-Looking Statements This document contains “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the Securit