Slide 1: From Atoms to Systems: Investor Presentation
APRIL 2024 Investor Presentation June 2024 From Atoms to Systems Enabling Semiconductor Design and AI Through Software Innovation and Automation
Slide 2: Disclaimer
©2024 Silvaco Group, Inc. 2 Disclaimer This presentation is for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any equity, debt or other financial instruments, of Silvaco Group, Inc. ("Silvaco" or the “Company”
Slide 3: Silvaco At-A-Glance
©2024 Silvaco Group, Inc. 3 Comprehensive differentiated software platform for semiconductor innovation Silvaco At-A-Glance #2(1) Global TCAD revenue 8 of 10(2) Largest flat panel display companies use Silvaco’s TCAD 6 of 10(3) Largest semiconductor companies use Silvaco’s EDA EDA SIP TCAD $54.2m Re
Slide 4: Every semiconductor chip begins with a design; Silvaco is an AI enabler
©2024 Silvaco Group, Inc. 4 Every semiconductor chip begins with a design; Silvaco is an AI enabler Electronic System Design Software is Crucial to the Value Chain Electronic System Design Fab Technology Co-Optimization (FTCOTM) Design Silvaco provides solutions for advanced semiconductor manufactur
Slide 5: Large and Growing Market Opportunity
©2024 Silvaco Group, Inc. 5 Solving complex design challenges across end markets Large and Growing Market Opportunity Serving Numerous Applications Silvaco’s Core Focus Markets Power EV & HEV Automobiles Datacenters Industrial Display Flatscreen TVs Wearables Automotive Display Memory DRAM Products
Slide 6: A broad product portfolio
©2024 Silvaco Group, Inc. 6 A broad product portfolio From Atoms to Systems Platform Systems Foundation IP Interface IP IP Management Circuits Processes Devices Atoms Silvaco TCAD Silvaco EDA Silvaco SIP Fab Technology Co-Optimization (FTCO™) Design Technology Co-Optimization (DTCO) System Design Co
Slide 7: Victory TCAD Platform
©2024 Silvaco Group, Inc. 7 Develop semiconductor processes and devices prior to and during manufacturing Victory TCAD Platform OVERVIEW → Model and simulate the manufacturing process → Model and simulate semiconductor and photonic device behavior → Explore trade-offs in performance, power, size and
Slide 8: Analog/Custom EDA Platform
©2024 Silvaco Group, Inc. 8 Complete analog and custom circuit design, layout, simulation & analysis environment Analog/Custom EDA Platform OVERVIEW → Complete analog/custom design flow, including sign-off at select foundries → Simulation and analysis of analog and custom circuits → Accurate simulat
Slide 9: Broad Semiconductor IP Portfolio and Management
©2024 Silvaco Group, Inc. 9 Silicon-proven, functional SIP blocks used within larger designs Broad Semiconductor IP Portfolio and Management KEY SOLUTIONS → Licensor for NXP IP → AMBA peripherals interface and bus fabric IP → Ultra-low power, low-voltage SRAM compilers → Std. Cell libraries → High-p
Slide 10: Strong Industry Tailwinds Driving Adoption of Silvaco Platform
©2024 Silvaco Group, Inc. 10 Emerging technology applications Strong Industry Tailwinds Driving Adoption of Silvaco Platform µLED and Quantum Dot SiC, GaN for EV and Power Chargers Photodetector Flexible Display Solar Cell → Industry adoption of new semiconductor materials → New display technologies
Slide 11: A New Era of Semiconductor Design Challenges
©2024 Silvaco Group, Inc. 11 Lengthy semiconductor R&D cycles allow Silvaco to build strategic partnership with customers A New Era of Semiconductor Design Challenges Numerous Design Challenges…. Increasingly Complex Requirements Smaller process nodes Increased integration Multi-core architectures S
Slide 12: Digital Twin: simulatable physics based digital counterpart
©2024 Silvaco Group, Inc. 12 A simulatable physics based digital counterpart that mirrors the form, fit and function of the physical world Digital Twin Electron Microscope View Display PanelMicroLED Electron Microscope View WaferMemory Array Digital Twin Real World Electron Microscope View Wafer Fin
Slide 13: Silvaco's AI-Driven Fab Technology Co-Optimization (FTCO)
©2024 Silvaco Group, Inc. 13 Removing cost of trial-and-error using AI-driven models through digital twins Silvaco’s AI-Driven Fab Technology Co-Optimization (FTCO™) UNTIL GOOD MODEL Data Generation Fab Data Mining AI-Driven Fab Modeling Electron Microscope View DoE Setup Digital Twin AI-based Model
Slide 14: Growth Strategy
©2024 Silvaco Group, Inc. 14 Continue to expand presence across key end market Focus on large & growing markets Expand into advanced CMOS, specialized SIP, photonics, and further expansion with AI for Digital Twin Expand market Expand presence through opportunistic M&AStrategic acquisitions Agility
Slide 15: Why Customers Choose Silvaco
©2024 Silvaco Group, Inc. 15 Electronic system design software is a crucial part of the semiconductor value chain Why Customers Choose Silvaco EDA Adoption 7 of 10 Largest flat panel display companies1 TCAD Adoption 8 of 10 Largest flat panel display companies1 EDA Adoption 6 of 10 Largest semicondu
Slide 16: Strong Demand from Diverse Customer Base
©2024 Silvaco Group, Inc. 16 Strong Demand from Diverse Customer Base Over 800 customers including over 200 academic institutions 60 59 2022 2023United States China Japan Korea All Other Countries FY23 Revenue by Geography Net Customer Additions Strategic Account Growth Through Land-and-Expand Strat
Slide 17: History of Successful Acquisitions
©2024 Silvaco Group, Inc. 17 Proven track record of identifying and integrating products and IP History of Successful Acquisitions Silvaco Has Successfully Integrated 10 Acquisitions TCAD EDA SIP Power integrity sign-off 2015 2016 2017 2018 2020 2021 Variation aware design Enter IP market SPICE netl
Slide 18: Robust Business Model
©2024 Silvaco Group, Inc. 18 Highly Recurring, Visible Business Model with Multiple Growth Vectors Robust Business Model Growth with Operational Discipline Software Solutions 73%1 Term-Based licenses (averaging 3 years) and semiconductor IP products Maintenance & Services 27%1 Provides additional co
Slide 19: Financial Summary
©2024 Silvaco Group, Inc. 19 Financial Summary ($ in millions) ($3.5) ($1.9) $1.1 ($1.3) $2.3 $4.4 2021 2022 2023 $42.0 $46.5 $54.2 2021A 2022A 2023A Revenue Strong Sales Growth Momentum Significant Operating Leverage 2021A GAAP Operating Income(Loss) Non-GAAP Operating Income(Loss)1 $47.3 $49.7 $58
Slide 20: Silvaco Investment Highlights
©2024 Silvaco Group, Inc. 20 Enabling customers’ next-generation products Silvaco Investment Highlights TCAD, EDA, and Semiconductor IP, plus Digital Twin technology for fab process Differentiated Capabilities Provide Competitive Advantages Growing customer base with top-tier customers in establishe
Slide 21: Thank you.
©2024 Silvaco Group, Inc. Thank you.
Slide 22: Non-GAAP Operating Income Reconciliation
©2024 Silvaco Group, Inc. 22 Note: We define non-GAAP Operating Income (Loss) to exclude stock-based compensation. Through the period ended December 31, 2023, the Company has not recorded any stock-based compensation expense. Note: We define non-GAAP operating income (loss) as our operating income (