Slide 1: Fourth Quarter and Full Year FY23 GAAP to Non-GAAP Reconciliations
FOURTH QUARTER AND FULL YEAR FY23 GAAP TO NON-GAAP RECONCILIATIONS Including FY21 to FY23 historical financials for Continuing Operations © 2023 SGH | 1
Slide 2: SMART Brazil Classified as Discontinued Operations
SMART Brazil Classified as Discontinued Operations On June 13, 2023, we entered into an agreement to sell an 81% interest in our SMART Brazil operations. The transaction is expected to close at the end of calendar 2023 or early 2024, subject to required regulatory approvals and satisfaction of custo
Slide 3: GAAP to Non-GAAP Reconciliations
GAAP to Non-GAAP Reconciliations © 2023 SGH | 3
Slide 4: GAAP to Non-GAAP Reconciliations
GAAP to Non-GAAP Reconciliations © 2023 SGH | 4
Slide 5: GAAP to Non-GAAP Reconciliations
GAAP to Non-GAAP Reconciliations © 2023 SGH | 5
Slide 6: Consolidated Statements of Operations
SMART Global Holdings, Inc. Consolidated Statements of Operations (In thousands, except per share amounts} (Unaudited) osrras aires oss onFy23 oar: asrv22__azev22 ai e2 oar: oserztaznzi ana Fy2023 Fr 2022 Fv 2021 Tera Memory Solutions S 105181 § 109.488 § 110359 5 118236 134611 § 152608 § 158.737 5
Slide 7: Reconciliation of Measures
SMART Global Holdings, Inc. Reconciliation of GAAP to Non-GAAP Measures (In thousands, except per share amounts) (Unaudited) losrvs__osev23_azevs_aieyas___asea2__osrv2__avevay_ anv ___aay71_aseva_ozevi_at ai pros ev2022__Fv 2021 Sa ES SC SS 2 LE SCS Share-bases compensation excense ns 188513081602 a
Slide 8: Reconciliation of Measures
SMART Global Holdings, Inc. Reconciliation of GAAP to Non-GAAP Measures (In thousands, except per share amounts) (Unaudited) "GAAP net income (loss) irom continung operatfons ate loulable 1 SOF Share-basec compensation expense ‘Amortization of acqustion-elated intangibles Flowtheaugh of inventory st
Slide 9: GAAP Statements of Operations - Brazil
SMART Global Holdings, Inc. GAAP Statements of Operations - Brazil (In thousands) (Unaudited) August 25, August 26, August 27, Year ended 2023 2022 2021 Net sales $185,377 5 423,476 5 445,613 Cost of sales 184,016 361,301 375,206 Gross profit T361 62,175 70,407 Operating expenses: Research and devel