Slide 1: Q3 2021 Conference Call
Q3 2021 Conference Call October 28, 2021 Atomera 1
Slide 2: Safe Harbor
Safe Harbor This presentation contains forward - looking statements concerning Atomera Incorporated (““Atomera,” the “Company,” “we,” “us,” and “our”). The words “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “woul d,” “project,” “plan,” “expect” an
Slide 3: Transistor enhancement technology for the $450B semiconductor market
3 Strong, Growing and Defensible Patent Portfolio High Leverage IP Licensing Business Model Top Tier Management Team Transistor enhancement technology for the $450B semiconductor market Mears Silicon Technology (MST®) Quantum Engineered Materials
Slide 4: Massive industry investment will benefit Atomera
Capacity Constraints Record Revenues Geopolitical Uncertainty Capex Growth Market forces driving strategy Atomera Confidential 4 Massive industry investment will benefit Atomera
Slide 5: Customer Pipeline
Customer Pipeline Atomera 5 • 19 customers, 25 engagements • Working with 50% of the world’s top semiconductor makers* * At least 10 of the top 20 (IC Insights, McClean Report 2021) 0 3 6 9 12 15 18 21 24 27 Number of Customer Engagements Phase 1 Phase 2 Phase 3 Phase 4
Slide 6: MST technology focus areas
MST technology focus areas Atomera 6 MST for Advanced Nodes MST for RF - SOI MST - SP
Slide 7: MST for High-k metal gate (HKMG) transistors
► MST enhances HKMG transistor performance and reliability* ▪ Reduced stress induced leakage current (SILC) enabling reliability improvement ▪ 23% long - channel mobility enhancement ▪ 2.7x lower gate leakage Atomera Confidential MST for High - k metal gate (HKMG) transistors * Professor Suman Datta
Slide 8: Atomera state of the art research center
Atomera state of the art research center ► Epi deposition facility ▪ 300mm Epi deposition ▪ 200mm Epi deposition ▪ Wafer cleaning equipment ▪ Metrology tools ▪ Advanced wafer handling ▪ World class clean room facility ► Available to deliver customer wafers Atomera Incorporated 8 Epi Deposition Tool
Slide 9: IP Portfolio Grew >20% YoY
IP Portfolio Grew >20% YoY Atomera Incorporated 9 Core MST Method and Device MST Enabled Devices/Architecture Next - Gen Architectures using MST Discoverable These distinctive layers are visible on products using MST Extensive know - how Extends life and value of patents 85 Foreign Patents 116 US Pa
Slide 10: Financial Review
Financial Review Atomera 10 Q3 '20 Q4 '20 Q1 '21 Q2 '21 Q3 '21 GAAP Results Revenue -$ -$ $0.4M -$ -$ Gross Profit -$ -$ $0.4M -$ -$ Operating Expense R&D $2.0M $2.2M $2.2M $2.1M $2.3M G&A $1.3M $1.4M $1.5 $1.5M $1.6M S&M $0.2M $0.3M $0.3M $0.1M $0.3M Total Operating Expense $3.6M $3.9M $4.0M $3.7M
Slide 11: Mission Statement
We collaborate with customers to improve their products, through integration of MST, so that both companies benefit financially Mission Statement Atomera 11
Slide 12: “8s atomera
— “8s atomera e @ ee fee od pen You “ve a 286