Slide 1: Nova Investor Presentation
Nova Investor Presentation May 2026
Slide 2: Cautionary Statements
Cautionary Use of Non-GAAP Adjusted Financial Measures This presentation provides financial measures that exclude amortization of Factors that may affect our results, performance, circumstances or Statements acquired intangible assets, inventory step-up, stock-based compensation expenses, acquisitio
Slide 3: Nova Snapshot
Nova Snapshot Metrology and Process Control Unique Solutions for Semiconductor Manufacturing Nova Ltd. Nasdaq (NVMI) Novami.com Outperforming WFE by Nova Products Resilient business model $881M $8.62 vs. WFE, 2020-2025 CAGR +31% YoY +29% YoY 2025 Revenue 2025 EPS Differentiated Portfolio Diverse Rev
Slide 4: Quarterly Snapshot: Q1 2026
Quarterly Snapshot: Q1 2026 $235M Revenue $213M +10% Highlights YoY Record revenues from memory devices, driven by demand for advanced DRAM and HBM EPS $2.18 $2.33 +7% Record sales of Nova Metrion, YoY driven by advanced nodes in both memory and logic Q1 2025 Q1 2026 Record sales of Nova AncoScene C
Slide 5: A Market Leap
A Market Leap Nova Benefits from AI Demand in Multiple Segments Semiconductor Industry End Markets Market Segments 13% Revenue, B$ CAGR >$1T 30% Advanced Logic GAA 52% Data Center & Networking 1548 HBM 50% 10% Consumer Silicon Photonics 35% 831 11% Industrial DRAM 21% 471 13% Advanced Packaging 18%
Slide 6: Manufacturing Challenges Rise in Every Segment
Manufacturing Challenges Rise in Every Segment Increasing Complexity Memory AI Processor 2020 vs. 2025 3D NAND DRAM HBM Silicon Photonics Bonding interface Advanced Logic (AI-Enabled) Wordline steps Main CPU X 9 Transistors 227B Storage Local Memory Logic (GPU/CPU) Advanced HBM FinFET Packaging AI D
Slide 7: Market Demand Drives Multiple Technology Inflection Points
Market Demand Drives Multiple Technology Inflection Points Logic Growing Complexity AI needs Better GAA + BPD CFET • Complex, scaled 3D structures Performance • Packaging complexity DRAM Power Efficiency 4F2 DRAM 3D DRAM • New materials and chemistries • New connectivity: Silicon Photonics Density 3
Slide 8: Nova Process Insight: Revealing the Invisible
Nova Process Insight: Revealing the Invisible Measure with precision, manufacture with confidence Logic Optical X-Ray FinFET Chemical Analysis GAA AI-Powered Dimensional Software Suite BPSD Packaging & Other Materials 2.5D Interposer 3D HBM Silicon Photonics Chemical Memory 3D NAND Physical modeling
Slide 9: Metrology Portfolio Targeted at Key Challenges
Metrology Portfolio Targeted at Key Challenges Logic Memory Packaging • TSV & RDL • Nanosheets individual thickness • HAR profiles & CD’s • Panel-level & frame handling • HAR TSVs • Hybrid bonding, Cu recess control • Warpage & thinner dies • MOL structure complexity • Warpage • Topography Dimension
Slide 10: Leveraging Technology Differentiation
Leveraging Technology Differentiation Measuring Critical Applications Across the Industry Dimensional Optical CD Materials Chemical AncoScene® Ancolyzer® DMR® Integrated VeloCD/ Prism WMC VeraFlex® Elipson® Metrion® Front-End Wafer level Direct Metal Stand- (XPS+SRF) (Inline Raman) (Inline SIMS) pac
Slide 11: Holistic AI-Powered Software Solutions
Holistic AI-Powered Software Solutions Intelligent software layer, delivering continuous insights and optimization, increasing Nova systems asset value Modeling Productivity • Physics, AI & advanced algorithms • Predictive and Preventive applied to model the most Maintenance, trouble shooting and ad
Slide 12: Elements of Product Strategy
Elements of Product Strategy Product strategy Organic & Maintain Tech Leadership ;; Materials Leadership of Annual Revenue invested in R&D New Growth Engines ;; Early Access Lab to Fab Technology Path Finding and Incubation ;; Adjacent Process Control Markets © Nova confidential & 12 proprietary inf
Slide 13: Financial Target Model
Financial Target Model Operating Margin Earnings 28%-33% ~10$ M&A $1000M $800M Revenue R&D Investment Tax +$1B 15%-17% 15% $600M $400M Gross Margin SG&A Share Count 57%-60% 12%-14% 32M 2019 2024 Target © Nova confidential & 13 proprietary information Non-GAAP Financials
Slide 14: Global Strength, Ready for Secular Growth
Global Strength, Ready for Secular Growth 4 R&D and Production Centers, 31 sites Europe USA Germany Korea California 5 Sites Japan 4 Sites 8 sites 2 Sites China 2 Sites Israel Taiwan Rehovot 5 Sites Corporate Singapore Legend: sites 1 Site R&D and Production Field site: Sales & Service © Nova confid
Slide 15: Sustainability
Sustainability To become an active influencer in creating a more sustainable and equitable future Integrity & People First Always Scope 1+2 Foundation Transparency Established Governance Social Environment Read the 2025 Sustainability Impact Review © Nova confidential & 15 proprietary information
Slide 16: Key Takeaways
Key Takeaways Positioned for Continuous Growth End market demand and process complexity drive growth Increasing need for advanced metrology and process control solutions Unique, disruptive technology portfolio Strong market position across key segments, Broad portfolio addressing critical applicatio
Slide 17: Thank You
Thank You investors@novami.com