Hewlett Packard Enterprise Company · NYSE:HPE
Hewlett Packard Enterprise — Merger or Acquisition (May 2019)
16 slides from Hewlett Packard Enterprise's merger presentation, May 17, 2019
Slide 1: Forward Looking Statements
Forward Looking Statements This presentation may contain forward-looking statements that involve risks,uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of Hewlett Packard Enterprise Company and its consolidated subsidiaries
Slide 2: Presenters
Presenters Antonio Neri President & Chief Executive Officer Tarek Robbiati Executive Vice President & Chief Financial Officer E:::::::l Hewlett Packard Enterprise II
Slide 3: Together, Shaping and Leading the Next Generation of Computing (HPC)
Together,Shaping and Leading the Next Generation of Computing (HPC) High Performance I I c Hewlett Packard Enterprise Global leader focused on developing intelligent solutions to capture, analyze and act upon data seamlessly from edge to cloud Premier provider of high-end supercomputing solutions, a
Slide 4: Explosion of Data and Evolving Customer Needs for Workloads are Driving HPC Growth
Explosion of Data and Evolving Customer Needs for Workloads are Driving HPC Growth Industry Data Intensive Example Workloads Big data analytics Intelligence & Content - =o Computer Aided Engineering,Product acturing Design Seismic Exploration, Reservoir Modeling & simulation Artificial intelligence
Slide 5: Customer Requirements Necessitate Dedicated High-End HPC Architectures
These Customer Requirements Necessitate Dedicated High-End HPC Architectures with Key Features 3 High performance and scalable storage for Big Data Workload-optimized scale-out HPC solutions Big Data analytics tools, data science tools, AI/ML frameworks High Performance Compute Storage Software & Se
Slide 6: HPE Vision for High Performance Computing
HPE Vision for High Performance Computing Workload Optimized Engineered E:::::::l Hewlett Packard Enterprise 4 Most comprehensive HPC partner ecosystem $2.18 FY18 HPE HPC revenue, 25% y/y growth Flexible Consumption Models AIand Data-Driven Deep Learning Solutions & Services Solutions
Slide 7: Cray is a Leading Innovator in Supercomputer Solutions
Cray is a Leading Innovator in Supercomputer Solutions I Storage & Data Management I I L-1 A_na__ly_ti_c_s_&_A_I-----Supercomputing System Interconnect XC series CS series Slingshot Exascale Performance ClusterStor File-based High-Performance Storage Urika-XC I CS Series Shasta Performance Software
Slide 8: Customers Trust Cray with Their Most Demanding Workloads
Customers Trust Cray Decisions with Their Most Demanding Workloads for Critical Highlights • Awarded first & second U.S. i Government . L R Is roo)r Exascale contracts of 28 out of top 100 Supercomputers<l) #1storage in top 100 $700M+ A Mount Sinai It E'f(onMobil Chevron H A EPSRC • e MetOffKe · los
Slide 9: Marquee Customer Validation
Marquee Customer Validation 7 Use Cases & Workloads: Extreme cosmological surveys Drug response prediction Solar cell discovery Size: $100M+ Key Product Features: First US Exascalesupercomputer Can handle traditional HPC& AI workloads Using Shasta architecture with Slingshot interconnects Announced:
Slide 10: Combined Offerings Deliver Full Range of Leading HPC Solutions
Combined Offerings Deliver FullRange of Leading HPC Solutions I I Hewlett Packard Enterprise TE:CHN:J LOGIES - Urika-XC I CS series Shasta High-end E:::::::l Hewlett Packard Enterprise 8 SGIApollo Superdome Flex Apollo StoreEver XC series CS series Shasta 9eRoAocoM (i_§) HPE FlexFabric Meilanox Sl s
Slide 11: HPE + Cray Combination Delivers Significant Customer Benefits
+ Cray Combination Delivers Significant Customer Benefits HPE II Unique and expanded end-to-end portfolio of HPC infrastructure - compute, storage,interconnect fabric,software and services 1 1 l:f= Differentiated next-generation technology addressing data intensive workloads -'-0'-4 + 0«: ;6......,.
Slide 12: Significant Economic Upside to be Realized
Significant Economic Upside to be Realized Capitalize on growing HPC TAM Lead commercial supercomputing adoption $48+ Exascale opportunity over 5 years GreenLake HPCaaS offering [ M] 0a 0 High-end,data-intensive AI I ML I analytics Expand customer base OpEx Synergies COGS Synergies Supply chain and
Slide 13: Transaction Summary
Transaction Summary Transaction Consideration Expected Financial Impact Approval Process Expected Closing $35.00 per share $1.3 billion in enterprise value, net of cash Transaction Summary Fund the acquisition through cash and a mix of new and existing financing facilities Significant annualized run
Slide 14: Successfully Accelerating Strategy Through Acquisitions
Successfully Accelerating Through Acquisitions Strategy and Enhancing Competitive Position • ,1--Products _.nimble storage PLE*i ·.-. bluedata .a :z: Flash Storage Analytics Software Software )( RedPixie Point Next Services Consumption Analytics Software AWS and US Focus Azure and UK Focus - ruba NE
Slide 15: A Compelling Combination
A Compelling Combination I I c Hewlett Packard Enterprise Significant Customer Benefits SubstantialEconomic Upside E:::::::l Hewlett Packard Enterprise 13 Shape and Lead the Next Generation of High Performance Computing
Slide 16: A Compelling Combination
A Compelling Combination Hewlett Enterprise a Hewlett Packard ao re) CRAY Enterprise d Shape and Lead the Next Generation of High Performance Computing Significant Customer Benefits Substantial Economic Upside 13
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