Slide 1: Nordic at a glance
Nordic at a glance Copyright © 2025 Nordic Semiconductor. All rights reserved
Slide 2: Disclaimer
Nordic Semiconductor Disclaimer The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated (“relevant persons”). Any person who is not a relevant person should not act or rely on this presentation or any of its contents.
Slide 3: A globally leading IoT enabler
A globally leading loT enabler Simplifying lives through all things connected = Fabless semiconductor company specialized in low power wireless connectivity and embedded processing for loT Market leader in Bluetooth Low Energy Early adopter of Thread (802.15.4) and support for Zigbee. Active contrib
Slide 4: Dedicated to wireless connectivity
© Nordic Semiconductor Dedicated to wireless connectivity Broad portfolio - scalable solutions - common software platform Strong product and solutions portfolio... ..for short-, medium- and long-range connectivity technologies + </> _ + Ex) Low-power integrated circuits (ICs) Embedded software Advan
Slide 5: Deliver a complete connectivity solution
Deliver a complete connectivity solution Faster time-to-market Broad product Development tools World-class Customer Lifecycle portfolio and software support device services ICs, SoCs, SiPs, PMICs nRF Connect SDK Developer community Consumer Unified software Device Management 3rd party modules Mobile
Slide 6: Our tech solutions are recognized globally
© Nordic Semiconductor Our tech solutions are recognized globally WORLD'S MOST} SUSTAINABLE ° COMPANIES statista% 2028 & 2025 Time magazine and Statista 2024 OFweek loT Awards 2024 EE Awards Asia nRF9151 Named one of the nRF54H20 Three most innovative cellular "Worlds Most Sustainable For the most a
Slide 7: Resilient supply chain
© Nordic Semiconductor Resilient supply chain co = Norwegian company = Wafer production = Test and packaging = R&D in Norway, Finland, outsourced to TSMC and outsourced to ASE, Amkor Sweden, UK, Poland, Global Foundries and Qorvo India and USA * Facilities in Taiwan and * Facilities in Taiwan, = All
Slide 8: 2024: Reorganizing with new business units
© Nordic Semiconductor 2024: Reorganizing with 4 new business units Short-range, Long-range, Wi-Fi & Power Management (PMIC) = Strengthening executive management team and improving accountability and autonomy = Sharpening the focus or products and Short-range Long-range d | t d @yvind Stram @yvind B
Slide 9: Strategy based on distinctive advantages
© Nordic Semiconductor Strategy based on distinctive advantages Ultra-low power and high performance w Leadon at the right price connectivity ’ Ease-of-use, value-add =<) ———_ solutions and strong Clear strategic roadmap developers to generate long-term ————— velop tech support profitable growth and
Slide 10: Nordic is on a long-lasting growth journey
lordic Semiconductor Nordic is on a long-lasting growth journey 800 750 Innovation unlocking 700 market waves 650, 600 550 500 450 400 350 300 250 200 Widespread loT adoption > Emerging loT markets > Revenue, USDm Wearables > PC peripherals > Game controllers > 2000 2001 2002 2003 2004 2005 2006 200
Slide 11: Revenue by end-user market
© Nordic Semiconductor Revenue by end-user market Markets showing recovery = Weak demand in all Short-range revenue by end-user markets, last 12 months (USDm) markets through 2023 800 " Markets stabilized, and started improving mOther during 2024 500 Industrial and Healthcare = Continued improvement
Slide 12: ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪
▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪
Slide 13: Delivering on our customers' needs
© Nordic Semiconductor Delivering on our customers’ needs Customer investment in product development os Security " Nordic is providing 30% solutions to our customers reaching 60% beyond ICs » Investments in 40% Software, Cloud, 20% Edge Al and Security is essential for the 0% next growth wave Prehis
Slide 14: Innovating for growth across our portfolio
Innovating for growth across our portfolio Executing on existing roadmaps and exploring new opportunities Early-stage Scale-up Established Evaluating both organic and inorganic growth opportunities
Slide 15: Four major trends defining our opportunity
Four major trends defining our opportunity Consumer Connected health Industrial loT Machine learning Work, Play, Live disruption disruption at the edge Staying connected, at Medical monitoring, Automation, asset Secure real-time data work, at home, and on drug delivery, health tracking, infrastructu
Slide 16: Revenue ambitions
Revenue ambitions Established: Short-range Ambition to grow faster than our market over time, driven by new product launches Expect modest growth with only limited effect of nRF54 in 2025 Growth set to accelerate from 2026 onwards Scale-up: Long-range Establish revenue base of >USD 100 million and b
Slide 17: Nordic acquire Neuton.AI
Nordic acquire Neutron.AI Enable the future of edge AI • Neuton.AI’s patented technology offers accurate, energy-efficient, and fast AI for edge applications • innovative neural network framework, which builds ultra-small models automatically • Enables the future of edge AI to meet the accelerating
Slide 18: Nordic acquire Memfault
Nordic acquire - Memfault Chip-to-cloud platform for lifecycle management of connected products • Memfault, a leading platform provider for software services that empower customers to monitor, update, and improve millions of devices in the field - without field returns • All intellectual property, c
Slide 19: A complete solutions provider – from device to cloud
A complete solutions provider– from device to cloud Expanding the strategic scope in alignment with our long-term ambitions ▪ Executed two strategic acquisitions accelerating Market leaderships across three fundamental pillars Nordic’s transition from a HW company to a Customer complete solution par
Slide 20: Broadening our technology space
© Nordic Semiconductor Broadening our technology space CA) <) Cloud Services Sound investment criteria across technologies, products, services and verticals Sizeable markets Growth above industry average Opportunity for healthy gross-margins Opportunity to grow market share Feasibility from technica
Slide 21: Short-range IoT (Established)
> Short-range lo} (Establisned) Market leader with strong growth
Slide 22: Ambition for Short-range
Ambition for Short-range Healthy market outlook for our main engine Serviceable markets across technologies’ Billion units 5 CAGR 2024-28 a oor a Other protocols oo L Thread [| i ™ 0) 2024 2025 2026 202/ 2028 Bluetooth LE Bluetooth SIC s all Blueto; devices, RFACE and automotive Early-stage | Scale-
Slide 23: IoT - Connect, Compute, Analyze and Act
© Nordic Semiconductor lol - Connect, Compute, Analyze and Act loT starts with connecting things Bridging the physical and digital worlds requires: » Advanced connectivity solutions = Powerful low power compute = Accurate sensing capability Real-world data fl» = Gateways Cloud | computing Sensors Ph
Slide 24: Key connectivity for platform ecosystems
Key connectivity for platform ecosystems = Nordic leverages on leading broad market position and strong key customer relations built over many years = E.g. added support for Google’s ‘Find My Device’ and ‘Apple Find My’ 24
Slide 25: Clear design win leader – still based on nRF52
Clear design win leader – still based on nRF52 32% share of certifications last 12 months, 4x of the runner up end-product Copyright © 2025 Nordic Semiconductor. All rights reserved 25
Slide 26: Successful short-range product strategy
© Nordic Semiconductor Successful short-range oroduct strategy Customer centric broadening of the portfolio 53 52 = Broad portfolio of ultra-low power SoCs d v. “ re High-end » — Multiprotocol products combining Bluetooth LE, Bluetooth mesh, ANT, NFC, Matter, Thread and | Zigbee a = Leading the mark
Slide 27: Nordic raising the bar once again
© Nordic Semiconductor Requirements ordic raising the bar once again NRFS4H Series Revolutionary multiprotocol SoCs For new advanced lIoT products GlobalFoundries® 22FDX = NRFSAL Series Next-level multiprotocol SoCs Logical successor to the nRF52 TSMC 22ULL® SoC Series oy
Slide 28: Unique growth opportunity
© Nordic Semiconductor Unique growth opportunity Driven by the launch of nRF54 Product launches supporting growth through the decade = Ramp-up of the nRF54 54 Series set to drive growth Ramp-up of more product foamiics o e through the decade ¢ wpe 2 = Gradual transition from e . 54 o* current NRF52
Slide 29: Next generation wireless IoT
Short-Range Long-Range Wi-Fi Power Management Next generation wireless IoT Based on 4th generation Nordic 2.4 GHz radio Bringing the market-leading nRF52 Series to the next level ▪ > 2x processing power & energy efficiency ▪ Advanced security ▪ Ultra-low power Revolutionary multiprotocol System-on-C
Slide 30: Short-range product roadmap
Short-Range Long-Range Wi-Fi Power Management Short-range product roadmap Aggressively expanding the product offering Fit for purpose Mainstream High performance ▪ Low voltage ▪ Ultra-low power ▪ Multicore MCU ▪ Ultra-low power ▪ Radio performance ▪ Ample memory ▪ Size constraints ▪ Range of product
Slide 31: nRF54 Series gains market traction
nRF54 Series gains market traction Engagement from key and broad market customers High design activity with both existing and new customers On track with innovative roadmap expanding our addressable market Limited 2025 revenue effect, accelerating growth from 2026 Copyright © 2025 Nordic Semiconduct
Slide 32: Launched three nRF54L variants
Launched three nRF5SAL variants 4x more nRF54L development kits shipped vs. nRF52 launch 54 nRF54L15 Highlight ads ighlights: nRF5S4L10 g's nARFS54L05 » Integrated multi-purpose efficient MCU . nRFSALI15 15 MB 256 KB nRFS4L10 10 MB 192 KB nRF54LO5 0.5 MB 96 KB = Comprehensive set of standard periphe
Slide 33: Highly-integrated wireless SoC
Highly-integrated wireless SoC = TE Asset Easy to handle trackers QFN Multiple ‘= applications > < Gaming controllers Compact 0 @ WLCSP Smart Home SO Identification and “Fing my” tags = Custom remotes Medical devices CGMs, ECGs 33
Slide 34: nRF54H - Focus on key customers and early adopters
© Nordic Semiconductor NRF5S4H - Focus on key customers and early adopters Accelerating time to mass production of end-products = High design activity with key customers - working to provide the software support required to enable design and mass production of end-products = Key customers recognize
Slide 35: Cornerstones of the nRF54 Series
© Nordic Semiconductor Cornerstones of the nRF54 Series Ss ty Higher processing power More security integrated lower power consumption nRF f ensuring its readiness for the next generation of loT =e 22nm >) Smallest and most modern Ath generation Nordic radio process node for connectivity in loT equi
Slide 36: nRF52 Series vs nRF54L Series
© Nordic Semiconductor nRFS2 Series vs nRF5S4L Series Greater performance Lower power consumption Processing performance Processing efficiency (CoreMark) (CoreMark/mA@3V) A step change in performance >2x processing power than nRF52 Series >2x energy efficiency than nRF52 Series ~30% reduced radio po
Slide 37: Max performance at highest efficiency
Max performance at highest efficiency Greater performance Lower power consumption ~2x performance compared to the highest performing low-power MCUs or SoCs on the market >30% more efficient compared to the most energy efficient MCUs or SoCs Nordic proprietary ultra-low power technology and IP in 22n
Slide 38: Targeted applications
© Nordic Semiconductor Targeted applications PC accessories Gaming, VR, AR, and media controllers Smart home and Matter Medical devices Industrial loT Advanced wearables VR, AR, and advanced gaming controllers Smart home and Matter Medical and healthcare LE Audio Industrial 38
Slide 39: Long-range IoT (Scale-Up)
> Long-range lol (Scale-Up) Early mover in next growth waves
Slide 40: Ambition Long-range
Early-stage | Scale-up | Established Ambition Long-range What will it require? Target profitability in 2028. Establishing a revenue base >USD 100 million, through market penetration of asset tracking, metering and industrial loT Successful roadmap execution and product introductions, to access large
Slide 41: Cellular technology landscape
Cellular technology landscape LTE-M and NB-IoT – the cellular IoT standards High NTN Optimized for IoT Lowest Low power massive IoT power consumption networks 2G (GSM, CDMA) 3G (UMTS) Superior coverage Low High LTE, LTE-A Cat 1 bis Power efficiency NR Low Coverage Copyright Copyright © © 2025 2025 N
Slide 42: Future proof technology
Future proof technology LTE-M and NB-IoT supported in 5G LTE-M and NB-IoT supported by 4G and Longevity 5G networks, beyond 2040 Not supported by the 5G standard, expected Cat 1 bis to go EOL by late 2020s in leading markets Low power and high density IoT supporting mMTC millions of devices per squa
Slide 43: Non-Terrestrial Networks - NTN
Non-Terrestrial Networks - NTN Stay connected, no matter where you are Close the gap Interoperability Always online 01 02 03 >75% of the whole earth NB-IoT over NTN based on Dynamically switch between does not have terrestrial 3GPP standards terrestrial cellular networks and cellular coverage NTN Co
Slide 44: Coverage becomes truly global
Coverage becomes truly global ▪ LTE-M and NB-IoT coverage growing ▪ NTN will close the coverage gap and be a great fallback option ▪ More carriers enabling LTE-M Note: Real LTE-M/NB-IoT GSMA data. Visualization of potential NTN coverage Copyright © 2025 Nordic Semiconductor. All rights reserved 44
Slide 45: Fast time-to-market with a complete solution
Lowest power, World-class Fast time-to-market with a complete solution smallest size support Developer community SiP Modules with integrated Globally certified SiP Certified reference designs Design and connectivity ARM Application MCU modules services Online hands-on trainings Mature and globally n
Slide 46: Positioned to win and scale
Positioned to win and scale With loT megatrends in commercial and industrial markets Asset tracking Metering = Lowest Power = Lowest power » Integrated locationing = Country of origin = Smallest size » Performance and security = Synergies with Bluetooth/Wi-Fi » One-stop shop from Nordic Industrial l
Slide 47: Lowers total cost and simplifies supply chain
© Nordic Semiconductor Lowers total cost and simplifies supply chain Others Nordic Fragmented ownership ' Full solution ownership ' NRF9I151 Completely integrated Module X ' Company B ' MRF9I SoC Lower complexity 1 3 ! 6 Lower power =| Module X ie Smaller size Closed FW i z & Total lower cost le ' 5
Slide 48: nRF9151 sets new standards
Short-Range Long-Range Wi-Fi Power Management nRF9151 sets new standards Lowest power cellular IoT solution – industry leading battery lifetime performance Smallest cellular IoT module in the industry Global coverage and connectivity – across telecom operators and cloud lifecycle services Ubiquitous
Slide 49: nRF9151 expanding to satellite communication
Nordic Semiconductor NRF9151 expanding to satellite communication 3GPP-compliant Non-Terrestrial Networks (NTN) connectivity = Support for low earth orbit (LEO) and Geostationary (GEO) satellites = nRF9151 module - only SW change needed = Can operate in both pure terrestrial network (TN) or TN and N
Slide 50: Highly competitive product roadmap
© Nordic Semiconductor Highly competitive product roadmap nNRFQ2 - on our new 22nm technology Lower power and lower cost More integration Higher performance Robust and proven software High NRF9I5T Low High
Slide 51: Opening a larger part of the market
Opening a larger part of the market Driving down costs enables more adaptive pricing strategies Product roadmap to address the full serviceable market Hi Serviceable market (product value play) Hi Non-serviceable low-end market nRF9160 A High Price point Low 51
Slide 52: Ready-to-use
Ready-to-use We built it, you use it ! Minimize risk Ready-to-use cloud services Accelerate time-to-market Seamless cloud services integration Full lifecycle support From deployment to decommissioning Copyright © 2025 Nordic Semiconductor. All rights reserved 52
Slide 53: nRF Cloud services overview
nRF Cloud services overview Description Unlimited FOTA, device registration, General fleet maintenance Configuration and monitoring Device-to-cloud message storage Data bridge Cloud-to-cloud message routing GNSS positioning Assisted and Predictive GNSS CELL positioning Single and Multi-cell LTE loca
Slide 54: Wi-Fi & PMIC (Early-stage)
> WIFI & PMIC (Early-stage) Early mover in next growth waves
Slide 55: Ambition for Wi-Fi
Ambition for Wi-Fi Ability to differentiate will be key Financial targets Establish USD >50 million revenue base and reach profitability by 2028 Key success factors going forward: Increase customer conversion to nRF7000 Launch nRF71 Series to capture the Wi-Fi SoC market for loT - leveraging 22nm, ‘
Slide 56: Wi-Fi technology landscape
Wi-Fi technology landscape Nordic focuses on Wi-Fi 6 IoT High Optimized for IoT Traditional Wi-Fi Lower power consumption Enhanced device density Wi-Fi 6 IoT Low High Power consumption Low Data throughput Copyright Copyright © © 2025 2025 Nordic Nordic Semiconductor. Semiconductor. All All rights ri
Slide 57: Wi-Fi 6 IoT technology
Wi-Fi 6 IoT technology Complement Bluetooth LE and Thread with unique set of features High data throughput Native IP connectivity Reliable network Ready-to-use technology infrastructure Supports IoT Enabling seamless IP- Robust, deterministic, Wi-Fi infrastructure is applications requiring enabled d
Slide 58: Leader in low power dual-band Wi-Fi 6 IoT
Short-Range Long-Range Wi-Fi Power Management Leader in low power dual-band Wi-Fi 6 IoT Low power Enabling battery operated Wi-Fi applications Dual-band 2.4/5 GHz Optimizing throughput and Bluetooth co-existence Proven Matter interoperability optimized for minimal Robust and optimized memory usage L
Slide 59: Wi-Fi 6 product portfolio
Wi-Fi 6 product portfolio Optimized for low power IoT applications nRF7002 nRF7001 nRF7000 Next generation Companion IC Companion IC Companion IC nRF71 Series SoCs Full featured low power Cost-optimized low Low-power Wi-Fi 6 Ultra-low power highly Wi-Fi 6 IoT solution power 2.4 GHz Wi-Fi 6 IoT Locat
Slide 60: Accelerating Wi-Fi market adoption
Accelerating Wi-Fi market adoption Full connectivity solutions increasingly required in the market nRF70O accelerated learning and market penetration through companion devices with Bluetooth/Cellular loT Design-ins already seen with nRF52, nRF53, nNRF9Q1 and now also with nRF54 Next generation nRF71
Slide 61: Ambition for PMIC
NPM1300 QEAABO 2302AC Early-stage | Scale-up Established Ambition for PMIC End-to-end low-power wireless loT Financial targets » Establish USD >50 million revenue base and reach profitability by 2028 Key success factors going forward » Expand addressable market with portfolio expansion » Increase co
Slide 62: The nPM Family
The nPM Family Integrated, flexible and easy-to-use Highly integrated Flexible Easy-to-use Reduced system Configure the PMIC to Seamless hardware and complexity, BOM and match exactly your software integration enabling board space requirements fast time-to-market Copyright © 2025 Nordic Semiconducto
Slide 63: PMIC product portfolio
PMIC product portfolio Advanced battery management in compact packages nPM1100 nPM1300 nPM1304 nPM2100 nPM6001 Ultra-compact Highly integrated Highly integrated High performance Advanced multi-rail for battery charging with advanced and optimized for with ultra-efficient boost with six independently
Slide 64: Application integration
Application integration Enhanced system design nPM130x Host controller Fully-featured Simplified hardware design System Two-wire I/F management Event handling Efficient power distribution Supply voltage Battery Voltage Subsystem management regulators RF Sensors Resilient system operation Analog Memo
Slide 65: Customers expect more — every time
Customers expect more — every time ▪ Accurate fuel gauging ▪ Reset and recovery functions ▪ Long battery life ▪ Fast charging ▪ Unboxing ready-to-use Copyright © 2025 Nordic Semiconductor. All rights reserved
Slide 66: More demands = more complexity = more devices
More demands = more complexity = more devices Typical solutions require more devices…..until now Charger Power Fuel External Hard IC Regulation Gauge Watchdog Reset IC Copyright © 2025 Nordic Semiconductor. All rights reserved
Slide 67: AI and ML on edge devices
a Al and ML on edge devices Why smarter edge devices are needed oe Latency FOF @ Cost Edge computing with Al enables quicker Cloud-based Al increases cost decisions and real-time responsiveness for significantly, edge computing reduces time sensitive applications the need for cloud infrastructure (0
Slide 68: Importance of energy efficient compute
Importance of energy efficient compute Low-power is and will remain core differentiator for Nordic Advancements with TinyML has allowed machine learning inference models to run on modest MCU cores, including the Arm Cortex M Currently customers are deploying machine learning to enhance their product
Slide 69: AI to drive more efficient edge compute
© Nordic Semiconductor Al to drive more efficient edge compute Latency Power consumption Regular MCU cores are built for general purpose tasks - Accelerators are designed for low power for specific tasks, accelerators drive performance for specific ML operations giving superior performance versus re
Slide 70: IoT Supporting sustainability
> lol Supporting sustainability
Slide 71: Recognized by TIME magazine and Statista
Recognized by TIME magazine and Statista Named one of the "Worlds Most Sustainable Companies” Nordic climbs 200 rankings to 121st place in TIME magazine’s “World’s Most Sustainable Companies” for 2025 Copyright © 2025 Nordic Semiconductor. All rights reserved 71
Slide 72: Now using recycled plastic component packaging
© Nordic Semiconductor Now using recycled plastic component packaging An important step in our sustainability strategy " Nordic one of the first semiconductor companies to use component reels made from recycled plastic = The switch to recycled plastic will reduce plastic waste by almost 15,000 ki |
Slide 73: We are connecting a more sustainable world
We are connecting a more sustainable world Source: ESG highlights Nordic Semiconductor Annual Report 2024
Slide 74: Sustainability depends on technology
Sustainability depends on technology Disruptive loT projects can contribute immensely to UN SDGs GOOD HEALTH GLEAN WATER AND WELL-BEING AND SANITATION 14 arLoW WATER 1 CLIMATE 1 in 17 PARTNERSHIPS ACTION FORTHE GOALS
Slide 75: Key financials & Summary
> Key financials & Summary Continuing a profitable growth journey
Slide 76: Financial performance - rolling months
lordic Semiconductor Financial performance -— rolling 12 months Higher revenues driving improving profitability Revenue, last 12 months USDm Gross margin, last 12 months, % EBITDA-margin, last 12 months, % 800 100% 40% 34% 700 30% 600 75% 569% 500 : 54.2% 20% 513% 51.9% 48,0% 49.7% 400 446 50% 10% 3
Slide 77: Financial performance - quarterly
Semiconductor Financial performance - quarterly Higher revenues driving improving profitability Revenue, USDm Gross margin, % EBITDA (USD) and EBITDA-margin (%) 7S 159 164 75% 35 1 154 150 $5 70% 150 25 135 128 os 125 60% 1S 108 100 , 5% 5 75 7S S 50 1S 35% 25 -25 30% -31% ° os a a2 3 Q4 @i Q2 G3 G4
Slide 78: Investing in innovation
© Nordic Semiconductor Investing In innovation Innovation is a core driver of long-term revenue and margins R&D expenses* by technology, USDm 180 = R&D intensity increased in 2023 and 2024 as revenue decline continued 160 140 25% 120 100 17% = Implemented measures to reduce costs and 80 a [| realloc
Slide 79: Revenue by technology in Q2
Revenue by technology in Q2 Copyright © 2025 Nordic Semiconductor. All rights reserved 79
Slide 80: Strong momentum across key markets in Q2
Strong momentum across key markets in Q2 Copyright © 2025 Nordic Semiconductor. All rights reserved 80
Slide 81: Q3 2025 guidance
Q3 2025 guidance ▪ Customer orders and forecasts indicate continued year-on-year revenue growth in Q3 ▪ Gross margin expected to remain around ~50% in Q3 Copyright © 2025 Nordic Semiconductor. All rights reserved 81
Slide 82: Group level ambitions
Early-stage Scale-up Established Wi-FI, PMIC Long-range Short-range Group Deliver average annual revenue growth above 20% through the decade level ambitions Moving towards target operating model profitability of ~25% EBITDA within five years
Slide 83: On track with product portfolio renewal
On track with product portfolio renewal Short-range Launched the first nRF54 products late 2024 Established Launching 2-4 nRF54 product families on 22nm per year Long-range Launched the new nRF9151 in second half of 2024 Scale-up New nRF92 on 22nm in 2026 Wi-Fi Early-stage New nRF71 on 22nm in 2026
Slide 84: Our investment case
Our investment case Improving returns = unlocking value creation opportunities Clarifying strategy Sharpened priorities and improved engineering execution Operational agility Market adaptive, customer-centric, roadmap-focussed Capitalizing on innovation New product launches supporting growth and mar
Slide 85: Target operating model
© Nordic Semiconductor Target operating model Organization set up for significantly higher revenue levels Target operating model Gross margin >50% <10% SGRA = Gross margin depending on technology and customer mix = Lower gross margin expected in cellular loT Module business Gross FED margin * Higher
Slide 86: Contact details
Contact details Stale ‘Steel’ Ytterdal, SVP IR Thomas Larsen , IR Manager Please reach out to us on ir@nordicsemi.no