Microchip Technology Incorporated · NASDAQ:MCHP

Microchip Technology — Merger or Acquisition (May 2015)

10 slides from Microchip Technology's merger presentation, May 8, 2015

  1. Slide 1: Cautionary Statement

    [GRAPHIC OMITTED] [] Cautionary Statement: Statements about the expected timing, financial impact and effects of the proposed transaction, and other statements in this presentation that are not historical facts, are forward -looking statements made pursuant to the safe harbor provisions of the Priva

  2. Slide 2: Micrel Overview

    [GRAPHIC OMITTED] Micrel Overview [] High quality Analog franchise with attractive product portfolio [] Linear and Power Management (52%), LAN solutions (21%), Timing and Communications (25%) and Foundry Services (2%) [] Diversified end markets [] Industrial and Automotive (48%), Communications (36%

  3. Slide 3: Diverse Customer Base Of Industry Leaders

    [GRAPHIC OMITTED] Diverse Customer Base Of Industry Leaders Industrial and Automotive Communications Consumer [GRAPHIC OMITTED] No customer } 10% of revenues 4

  4. Slide 4: Linear and Power Solutions

    [GRAPHIC OMITTED] Linear and Power Solutions [GRAPHIC OMITTED] [GRAPHIC OMITTED] 5

  5. Slide 5: LAN Solutions

    [GRAPHIC OMITTED] LAN Solutions [GRAPHIC OMITTED] 6

  6. Slide 6: Timing and Communication Solutions

    Timing and Communication Solutions [GRAPHIC OMITTED] Clock and Timing Solutions High Speed Communications Products [GRAPHIC OMITTED] Markets Communication s Industrial and Automotive Consumer [GRAPHIC OMITTED] 7

  7. Slide 7: Compelling Strategic Rationale

    [GRAPHIC OMITTED] Compelling Strategic Rationale [] Enhances Microchip's Analog product portfolio through the addition of a rich portfolio of Linear and Power Management products that complement our offerings [] Expands Microchip's portfolio of LAN and connectivity solutions, giving us a richer prod

  8. Slide 8: Transaction Summary

    [GRAPHIC OMITTED] Transaction Summary [] Transaction value of $839M representing $14/share [] $744M net of Micrel's cash and investments [] Micrel shareholders can elect to receive either Microchip shares or cash, but at least 42% of the transaction value must be in shares [] Transaction will initia

  9. Slide 9: Thank You!

    [GRAPHIC OMITTED] Thank You! www.microchip. com

  10. Slide 10: Microchip - Thank You!

    MICROCHIP Thank You!

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