Slide 1: Investor Presentation Fiscal Third Quarter 2026
Investor Presentation Fiscal Third Quarter 2026 A Leading Provider of Smart, Connected and Secure Embedded Solutions
Slide 2: Safe Harbor
SAFE HARBOR Forward Looking Statement Safe Harbor: During the course of this presentation, we will make projections or other forward-looking statements regarding the future financial performance of the company (including our guidance) or future events, including our strategy, growth drivers, enhance
Slide 3: Corporate Overview
Corporate Overview Leading Total Systems Solutions Provider • High-performance standard and specialized • Wireless and Wired Connectivity solutions Mixed-Signal Microcontroller, Digital Signal • FPGA solutions Controller and Microprocessor solutions • Non-volatile EEPROM and Flash Memory • Mixed-Sig
Slide 4: Net Sales Growth
Net Sales Growth 141 consecutive quarters of Non-GAAP profitability! 12.8% CAGR $Millions *FY26 FC represents actual results for the first three quarters plus mid-point of fiscal Q4 net sales guidance 4
Slide 5: Third Quarter FY2026 Revenue Mix
Third Quarter FY2026 Revenue Mix Net Sales by Product Line Net Sales by Geography Net Sales by Channel • Organic growth efforts focused on TSS and Megatrends • Synergistic product portfolio empowers disruptive growth trends • Diversified product portfolio with long process technology and life cycles
Slide 6: Revenue By End Market
Revenue By End Market FY24 Durable End Markets FY25 Microchip Proprietary and Confidential
Slide 7: Fiscal 3rd Quarter 2026 Results (Non-GAAP)
Fiscal 3rd Quarter 2026 Results (Non-GAAP) • GAAP Revenue of $1,186.0 million; up 4.0% QoQ andup15.6% YoY • Gross Margin of 60.5%; increased by 379 basis points QoQ • Operating Margin of 28.5%; increased by 418 basis points QoQ • Diluted Earnings Per Share of $0.44; increased by 25.7% QoQ • Net debt
Slide 8: Fiscal 4th Quarter 2026 Guidance (Non-GAAP)
Fiscal 4 Quarter 2026 Guidance (Non-GAAP) th * Q3 FY26 Q4 FY26 Guide Long Term Actual @ mid-point Model (Through Cycles) GAAP Revenue ($Millions) $1,186.0 $1,260.0 Industry Gr. Plus Gross Margins 60.5% 61.0% 65.0% Operating Expenses 32.0% 31.5% 25.0% Operating Margins 28.5% 29.5% 40.0% Earnings per
Slide 9: Empowering Innovation In Diverse, Durable Markets
Empowering Innovation In Diverse, Durable Markets Consumer Industrial Space Sustainability Automotive Medical Data Center Defense Communication Infrastructure Aviation 9
Slide 10: Portfolio of Hardware, Software and Services
Providing Total System Solutions Portfolio of Hardware, Software and Services Power Management RFICs MMICs DC-DC Converters Encryption Supervisors & Ref. & High Voltage Precision LDOs, Battery Mgt. Digital Security I/Os Voltage Discretes & Modules Potentiometer Reference Motor Sensors Drivers Amplif
Slide 11: Strategic Focus and In-Depth Knowledge
Strategic Focus and In-Depth Knowledge Megatrends End Markets Communications Data Center & Computing Consumer Appliance Industrial Aerospace & Defense Automotive 11 © 2024 Microchip Technology Inc. and its subsidiaries
Slide 12: Single Pair Ethernet (SPE): MCHP Leadership Across Markets
Single Pair Ethernet (SPE): MCHP Leadership Across Markets $4B Automotive Industrial vehicles Robotics SAM Scalable Bandwidth Positioned Aerospace Building control Industrial control 10BASE-T1S 100/1000 Multi- Gigabit T1 Across BASE-T1 In-cabinet Microphones LED Lighting Comprehensive Connectivity D
Slide 13: MCHP Connectivity Portfolio: Edge to Enterprise Infrastructure
MCHP Connectivity Portfolio: Edge to Enterprise Infrastructure
Slide 14: Automotive Modernization Opportunity
Automotive Modernization Opportunity Telematics PCIe & USB Bridge ASA SerDes Multi-Host T1 PCIe Switch PHY 100/1000T1 Multi-GigE 10M to 10G 10M to 1G T1 Ethernet + T1 PHY Multi-GigE Backbone PHY Ethernet Ethernet Edge Switch Zonal Switch PCIe Switch T1 T1S PHY End T1S Point PHY In-vehicle networking
Slide 15: Industrial Ethernet – Foundation of Industry 4.0
Industrial Ethernet – Foundation of Industry 4.0 Complete Connectivity Ecosystem Addressing Industry 4.0 Modernization 10BASE-T1S 100BASE-T1 1000BASE-T1 TSN capable (Edge) (Factory) (Backbone) (All Tiers) • Single-Pair Ethernet Solutions (all speed tiers) • EtherCAT® Technology Solutions • Industria
Slide 16: AI & Enterprise Datacenter Infrastructure Market
AI & Enterprise Datacenter Infrastructure Market Full-Stack Solutions Best-In-Class Performance Specs System-level Optimization Integration Leadership Advantage • Connectivity • PCIe Gen6 64 GT/s Up to 160 Lanes • Chiplink tools Technical Portfolio Breadth • Storage Controllers • Gen6 15-20% > Power
Slide 17: Consistent, Disciplined and Balanced Capital Return Strategy
Consistent, Disciplined and Balanced Capital Return Strategy ‒ Reduced debt 25 out of last 30 Debt Paydown quarters ‒ Current leverage ratio of 4.18x Adjusted Free $7.4 billion Cash Flow (FCF)* Generation Dividends Paid ‒ 93 consecutive quarters of FY2019 – Q3 FY2026 dividends paid ~$4.9 billion ~$1
Slide 18: Follow us @microchiptechnology
Follow us @microchiptechnology A Leading Provider of Smart, Connected and Secure Embedded Solutions