Marvell Technology, Inc. · NASDAQ:MRVL
Marvell Technology — Lumentum Holdings — Merger or Acquisition (November 2026)
24 slides from Marvell Technology's merger presentation, Nov 2, 2026
Slide 1: Important Information for Investors and Shareholders
Important Information for Investors and Shareholders cou Jing Forward-Looking Statement ‘This communication contains ‘Yorvard ooking statements win the meaning ofthe federal secures laws, including Sacton27A ofthe US. Secuis Act of 1933, s amended and Secton 21 of te Secuttes Exchange Act of 1804, a
Slide 2: Important Information for Investors and Shareholders
Important Information for Investors and Shareholders dona ormaion bout the Transaction and Vint ind ‘This communiation relates to a proposed tansacton between Marvel Technology ne. (Marve and Lumentum Hosings Ine. "Lumentun’) (he “Transaction In connection wih the Transacton, Marvel intends ote wth
Slide 3: Important Information for Investors and Shareholders
Important Information for Investors and Shareholders tation This communication isnot a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities orn respect of the Transaction and does not constitute an offer to sell or the solctaion of an offer to buy any s
Slide 4: Special All-Employee Meeting
“a Special All-Employee Meeting Marvell Confidential — Internal Audiences Only November 2, 2026
Slide 5: Marvell to combine with Lumentum
Marvell to combine with Lumentum : Creating a category leader in Al connectivity AY ; cag
Slide 6: Powering the next era of AI infrastructure
Powering the next era of Al infrastructure | MARVELL = ZLUMENTUM Connectivity leader Photonics leader —
Slide 7: Combination creates AI connectivity category leader
Combination creates Al connectivity category leader Photonics leader Lumentum sap spee08P ~~ BY reve troy CG) serves ‘connectivity. Extreme FE Powers scale-across, mas) Citcal patorm for pluggabies, ES scale-out and scale-up Co-Design NPO/ CPO and OCS Broad silicon platform ~ Enables next-gen Al ban
Slide 8: Why now?
Why now? Distributed DCs Data center Rack | Multi-rack Package | Tray Up to 1,000km Up to 2km Up to 50m Scale-across Scale-out Scale-up + + + sanawan 1X 10x 100x Multiplier Optical today Optical tomorrow Modular, discrete Highly-integrated, closely coupled
Slide 9: Optical today - ZR, PAM4, NPO
Optical today - ZR, PAM4, NPO beast tasy), —— Electronics Electronics ‘es All critical technologies under one roof components to full modules Significant operational and design efficiencies for customers. Complete Module Solutions with Fully-Optimized Performance
Slide 10: Integration is critical to achieve bandwidth density, latency, and power requirements
EI Integration is critical to achieve bandwidth density, latency, and power requirements SJ Extreme co-design accelerates time-to-market and reduces risk for customers
Slide 11: Covering all networking use-cases
Covering all networking use-cases Network Switching Optical Switching Hyperscale Lower-power scale-out optical spine Expandin cloud Reconfigurable networking connectivity Jz| MARVELL 7 LUMENTUM Electrical domain Optical domain Additive TAMs, Topology Agnostic, Supports All Customer Architectures @-@
Slide 12: Complete AI connectivity platform
Complete Al connectivity platform EE] interconnect PAM and Coherent DSPs TIAs and Drivers CPO / NPO light engines Optical Transceivers / DCI Module ELSFP and High-Power Lasers EML and CW Lasers Narrow-Linewidth Lasers Pump Lasers Switching Network Switch Optical Circuit Switch Wavelength Selective S
Slide 13: Next Steps
Next Steps
Slide 14: Timeline
Timeline First Half of CY 2028 Expected closing December Begin integration planning November 2 Announce combination Hold employee meetings We will keep you informed of our ongoing progress
Slide 15: Our approach to integration
Our approach to integration Combining the best of both teams [By Strategy first, then team, then structure Ey Honor reputation of both companies Deliver on our commitments to customers and other stakeholders
Slide 16: Marvell and Lumentum will continue operating as separate, independent companies
Marvell and Lumentum will continue operating as separate, independent companies until closing
Slide 17: Michael Hurlston, Lumentum CEO
Michael Hurlston Lumentum CEO
Slide 18: Lumentum At a Glance
Lumentum At a Glance A global leader in optical and photonic technologies that power the networks and infrastructure behind Al SCALE AND PRESENCE, $3.01B 16,000+ Global 1450+ 45+ Years Nasdaq FY26 Annual Employees Manufacturing Patents Opiical networking (ure) Revenue worldwide and R&D ———w leadersh
Slide 19: Scale-across components for DCI and transport networks
Scale-across components for DCI and transport networks a — oni Coherent ROSAS ual emiter 980 Hiheaity pump
Slide 20: Subsystems for fiber and wavelength switching
Subsystems for fiber and wavelength switching Woaveingt sleeve Cconernt CM ‘Suenes (WSS)
Slide 21: Modules Business Unit
Modules Business Unit Transceiver modules for high-speed data center networks 800G/1.6T PAM4 OSFP FE EF Modules Coherent-lite Modules 0 \ 400G QSFP-DD Modules 4006 QSFP-0DAOC: Tunable SFP Modules Tunable SFP+ Modules
Slide 22: Components Business Unit
Components Business Unit Laser components for scale-out, scale-up and scale-in networks 4 a = 100G/200G/400G EMLs * ELSFP Modules and 400mW UHP Lasers for CPO High Speeaeitls —_ELSFP Modulos - 6 Continuous Wave 130 Sensing VESELs * 3D Sensing VCSELs and Slow/Wide — VCSELs for Scale-in CW Lasers for
Slide 23: Q&A
Slide 24: Marvell
=| MARVELL
Lumentum Holdings — Merger or Acquisition (November 2026) on 6ix