Interdigital, Inc. · NASDAQ:IDCC

Interdigital — Investor Presentation (September 2020)

13 slides from Interdigital's investor presentation, Sep 24, 2020

1. Slide 1: InterDigital Q3 2020 Investor Presentation

   © 2020 InterDigital, Inc. All Rights Reserved. InterDigital Q3 2020 Investor Presentation

2. Slide 2: Forward-looking statements

   This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding InterDigital, Inc.’s current beliefs, plans and expectations, as to: (i) future results, pr

3. Slide 3: Why InterDigital, More than Ever

   © 2020 InterDigital, Inc. All Rights Reserved. Why InterDigital, More than Ever 3 One of the Largest Pure Research, Innovation and Licensing Companies in the World Our Strength: Over four decades of pioneeringwireless and visual technologies innovationOur Business Model: Bring core technology to the

4. Slide 4: Unquestioned Research Leadership in Wireless and Visual Technologies

   © 2020 InterDigital, Inc. All Rights Reserved. Unquestioned Research Leadership in Wireless and Visual Technologies 4 Contributing Technology Worldwideon Two Major Fronts ~5,000 contributions to 3GPP & IETF in past 20 years >100 leadership roles in standards, external boards and invited speaking opp

5. Slide 5: In Our Labs Today

   © 2020 InterDigital, Inc. All Rights Reserved. In Our Labs Today 5 \ A world-class R&D lab that drives InterDigital’s technology development and is a respected participant in international standards & industry activities 5G & 6G Cellular StandardsMobile Edge ComputingSpectrum Sharing & Unlicensed Sp

6. Slide 6: Standards – the Path to Horizontal Influence

   © 2020 InterDigital, Inc. All Rights Reserved. 6 Standards – the Path to Horizontal Influence Product innovation improves the selected devices; standards innovation improves all devices in a market We make our “sale” to engineers and research peers, not to companies Your success is a factor of the q

7. Slide 7: An Evolving Portfolio for an Evolving Industry

   10% InterDigital’s share of likely 3G SEPs averages close to 10%, and our 3G SEP portfolio was ranked as either the second or third strongest among all industry participants. © 2020 InterDigital, Inc. All Rights Reserved. An Evolving Portfolio for an Evolving Industry 7 7% –10% InterDigital’s share

8. Slide 8: 5G: The Power of Continuity

   © 2020 InterDigital, Inc. All Rights Reserved. 8 5G: The Power of Continuity The 5G standard comprises a mix of new 5G-specific technologies and 3G/4G technologies that remain necessary for 5G operationOnly 2 releases of the 5G standard have been finalized – we expect as many as 7 moreAs a key contr

9. Slide 9: A Portfolio that Combines Depth and Breadth Across Technologies

   © 2020 InterDigital, Inc. All Rights Reserved. A Portfolio that Combines Depth and Breadth Across Technologies 9 The InterDigital portfolio now brings together >32,000 patent assets that show enormous strength in key wireless and video technologies but also broad diversity across the entire gamut of

10. Slide 10: A History of Long-Term Customers

    A History of Long-Term Customers © 2020 InterDigital, Inc. All Rights Reserved. 10 Shipments Years as InterDigital Licensee 10+ Years >10 others Some companies – among them Samsung, Panasonic, NEC, Kyocera and Sharp – have been customers / under license for 20+ years.Apple and Samsung have been lice

11. Slide 11: Growth Drivers that Build Logically Over Several Years

    © 2020 InterDigital, Inc. All Rights Reserved. Growth Drivers that Build LogicallyOver Several Years 11 Current Revenue Platform of ~$340M A projected $150M contribution to revenue in 3-5 years (with associated revenue sharing) An estimated installed base of >62B devices by 2022, of which >10% will

12. Slide 12: A Capital Allocation Strategy that Balances Future Strength with Returning Value

    © 2020 InterDigital, Inc. All Rights Reserved. 12 Since June 2014, we’ve bought back more than $600 million in sharesWe announced another $100 million increase to our buyback authorization in May 2019Approximately $72 million remains available under the existing buyback authorization A Capital Alloc

13. Slide 13: © 2020 InterDigital, Inc. All Rights Reserved.

    © 2020 InterDigital, Inc. All Rights Reserved.

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