Renesas Electronics — Merger or Acquisition (June 2025)

6 slides from Renesas Electronics's merger presentation, Jun 23, 2025

Slide 1: Wolfspeed Restructuring Support Agreement (RSA)
WOLFSPEED RESTRUCTURING SUPPORT AGREEMENT (RSA) JUNE 23, 2025 RENESAS ELECTRONICS CORPORATION © 2025 Renesas Electronics Corporation. All rights reserved.
Slide 2: Forward Looking Statements (Renesas) / (Wolfspeed)
Forward Looking Statements (Renesas) The statements in this presentation with respect to the plans, strategies and forecasts of Renesas Electronics and its consolidated subsidiaries (collectively “we”) are forward-looking statements involving risks and uncertainties. Such forward looking statements
Slide 3: Transaction Outline
TRANSACTION OUTLINE Change in exposure Financial impact Pre-RSA Post-RSA Approx.Y250bn loss expected ($mm) (Fully diluted basis) P/L (to be recognized in the 2Q25 financials) Senior secured 1,514 $204mm CRD to be converted to 2nd lien convertible notes 2nd lien convertible notes B/S notes, equity an
Slide 4: Recovery Outlook
RECOVERY OUTLOOK Wolfspeed’s liquidity*1 Scenario analysis*1 ($mm) FY29 Capx outlook Cash position Recovery rate*2 Revenue Gross margin Unlevered OCF*3 2,274 1. High 1,550 1,330 | 100% $1,450mm 30% c. $450mm 1,275 1,288 2. Middle 950 645 50% $1,200mm 25% c. $350mm 571 Min. liquidity threshold post-r
Slide 6: »CENESAS
»CENESAS