Interdigital, Inc. · NASDAQ:IDCC

Interdigital — Investor Presentation (April 2020)

15 slides from Interdigital's investor presentation, Apr 28, 2020

1. Slide 1: InterDigital Q2 2020 Investor Presentation

   © 2020 InterDigital, Inc. All Rights Reserved. InterDigital Q2 2020 Investor Presentation

2. Slide 2: Forward-looking statements

   This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding InterDigital, Inc.’s current beliefs, plans and expectations, as to: (i) future results, pr

3. Slide 3: Why InterDigital, More than Ever

   © 2020 InterDigital, Inc. All Rights Reserved. Why InterDigital, More than Ever 3 One of the Largest Pure Research, Innovation and Licensing Companies in the World Over four decades of pioneeringwireless innovationNow expanded to consumer electronics with a world-class video and AI research team Bro

4. Slide 4: InterDigital Research & Innovation

   © 2020 InterDigital, Inc. All Rights Reserved. InterDigital Research & Innovation 4 \ A world-class R&D lab that drives InterDigital’s technology development and is a respected participant in international standards & industry activities In Our Labs5G & Beyond Cellular StandardsMobile Edge Computing

5. Slide 5: Wireless and Video

   © 2020 InterDigital, Inc. All Rights Reserved. 5 WIRELESS VIDEO With the expansion into video technologies, InterDigital joins a select group with major standards positions in both wireless and video – perfectly aligned with converged wireless/video devices

6. Slide 6: Unquestioned Research Leadership in Wireless and Visual Technologies

   © 2020 InterDigital, Inc. All Rights Reserved. Unquestioned Research Leadership inWireless and Visual Technologies 6 Contributing Technology Worldwideon Two Major Fronts ~5,000 contributions to 3GPP & IETF in past 20 years >100 leadership roles in standards, external boards and invited speaking oppo

7. Slide 7: Consistent Leadership in Major Cellular Standards

   © 2020 InterDigital, Inc. All Rights Reserved. Consistent Leadership in Major Cellular Standards 7 InterDigital appeared in the top 4 among patent holders more than 70% of the time – among the highest percentage of any company 7% –10% InterDigital’s share of likely 4G SEPs ranges from 7% – 10%, and

8. Slide 8: Video Innovation Captured in Today's Standards…and Tomorrow's Solutions

   © 2020 InterDigital, Inc. All Rights Reserved. 8 With the acquisition of the Research & Innovation organization from global video and production services leader Technicolor, InterDigital becomes a key player in light field and immersive technology, point cloud compression, VR and AR production techn

9. Slide 9: A Portfolio that Combines Depth and Breadth Across Technologies

   © 2020 InterDigital, Inc. All Rights Reserved. A Portfolio that Combines Depth and Breadth Across Technologies 9 The InterDigital portfolio now brings together >32,000 patent assets that show enormous strength in key wireless and video technologies but also broad diversity across the entire gamut of

10. Slide 10: Driving a Massive Technology Position on Today's Smartphones

    © 2020 InterDigital, Inc. All Rights Reserved. Driving a Massive Technology Position on Today’s Smartphones 10 CONNECTED DEVICES CONSUMERELECTRONICS INTERNETOF THINGS 5G (NR): ~5,000 PATENTS/APPLICATIONS 4G (LTE): ~7,000 PATENTS/APPLICATIONS 3G (UMTS): >3,000 PATENTS/APPLICATIONS Wi-Fi (802.11): ~1,

11. Slide 11: Expanded Into Three Interconnected Licensing Opportunities

    © 2020 InterDigital, Inc. All Rights Reserved. … Which Can Be Expanded Into Three Interconnected Licensing Opportunities 11 CONNECTED DEVICES CONSUMERELECTRONICS INTERNETOF THINGS 4G (LTE): ~7,000 PATENTS/APPLICATIONS 3G (UMTS): >3,000 PATENTS/APPLICATIONS Wi-Fi (802.11): ~1,300 PATENTS/APPLICATIONS

12. Slide 12: Expanded Into Three Interconnected Licensing Opportunities

    © 2020 InterDigital, Inc. All Rights Reserved. … Which Can Be Expanded Into Three Interconnected Licensing Opportunities 12 CONNECTED DEVICES CONSUMERELECTRONICS INTERNETOF THINGS 5G (NR): ~5,000 PATENTS/APPLICATIONS 4G (LTE): ~7,000 PATENTS/APPLICATIONS 3G (UMTS): >3,000 PATENTS/APPLICATIONS Wi-Fi

13. Slide 13: Growth Drivers that Build Logically Over Several Years

    © 2020 InterDigital, Inc. All Rights Reserved. Growth Drivers that Build LogicallyOver Several Years 13 Current Revenue Platform of ~$340M A projected $150M contribution to revenue in 3-5 years (with associated revenue sharing) An installed base of >62B devices by 2022, of which >10% will be high-va

14. Slide 14: A Capital Allocation Strategy that Balances Future Strength with Returning Value

    © 2020 InterDigital, Inc. All Rights Reserved. 14 Since June 2014, we’ve bought back more than $600 million in sharesWe announced another $100 million increase to our buyback authorization in May 2019Approximately $72 million remains available under the existing buyback authorization A Capital Alloc

15. Slide 15: © 2020 InterDigital, Inc. All Rights Reserved.

    © 2020 InterDigital, Inc. All Rights Reserved.

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