Skywater Technology, Inc. · NASDAQ:SKYT

Skywater Technology — Merger or Acquisition (February 2025)

12 slides from Skywater Technology's merger presentation, Feb 26, 2025

  1. Slide 1: SkyWater Acquisition of Infineon's Austin Fab 25

    SkyWater Acquisition of Infineon’s Austin Fab 25 FEB. 26, 2025 • NASDAQ: SKYT

  2. Slide 2: SkyWater Technology Forward-Looking Statements

    SkyWater Technology Forward-Looking Statements This presentation and the accompanying oral presentation, including answers to questions, contains “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements that are based on the Compan

  3. Slide 3: SkyWater Acquisition of Infineon's Austin Fab 25

    SkyWater Acquisition of Infineon’s Austin Fab 25 • SkyWater to acquire fab for $110M Aerial view of Infineon’s Fab 25 facility in Austin,TX  $80M purchase price + assumption of $30M in working capital  Of the $80M purchase price, $55M is paid at closing − $25M deferred to year four • Strategic par

  4. Slide 4: A New Milestone in SkyWater's Leadership for U.S.-Based Semiconductors

    A New Milestone in SkyWater’s Leadership 2025 Acquisition of for U.S.–Based Semiconductors IFX Fab 25 +$300M Revenue Addition of 65nm, 2024 Cu interconnect at $120M program scale, high-voltage funded by DOD for process 2021 300mm fan out SKYT begins packaging line 2021 trading on Expansion with NASD

  5. Slide 5: Positions SkyWater to Meet Long-Term Demand for U.S.-Sourced Foundational Semiconductors

    Positions SkyWater to Meet Long-Term Demand for U.S.-Sourced Foundational Semiconductors TECHNOLOGY ADDITIONS APPLICATIONS MARKETS  High-voltage mixed-signal  High-voltage and mixed-  Industrial Controls & technology signal ASICs Automation  At-scale Cu Interconnect  Power Management ICs  Auto

  6. Slide 6: Transaction Transforms SkyWater's Profile

    Transaction Transforms SkyWater’s Profile Secure Manufacturing Center $300M+ Expands SAM High-Volume Manufacturing Advanced Packaging Incremental annual revenue for a new expected total of >$600M by >$3B* Center Center WS ATS Positions SkyWater as Leader in Balances Wafer Services +1000 U.S.–based e

  7. Slide 7: Domestic Semiconductor Tailwinds

    Domestic Semiconductor Tailwinds Industry driven demand for onshoring & supply chain diversity U.S. Government Support for Onshore Semiconductor Production Expanding Foundry Offerings for Aerospace & Defense Continuing domestic fab-lite IDM trend creating additional foundry opportunity 7

  8. Slide 8: Transaction Expands SkyWater Share of 200mm

    Transaction Expands SkyWater Share of 200mm U.S. Foundry Capacity for Foundational Nodes Foundational Nodes Capacity Pre-Transaction ≥ 65nm Other Global Capacity Post-Transaction 22% Foundries 23% Global Other Foundries TSMC 19% 20% Tower 17% Semiconductor TSMC 33% 15% Tower Semiconductor 29% SkyWat

  9. Slide 9: Long View for 200mm Foundry Services in the U.S. is Strong

    Long View for 200mm Foundry Services in the U.S. is Strong • Strong demand in industrial, We believe F25 in Austin is the most automotive, and defense capable 200mm fab in the western • Edge AI & IoT growth driving analog, hemisphere, perfectly suited to meet power, and RF needs long-term foundry de

  10. Slide 10: Fab 25 Financial Impact

    Fab 25 Financial Impact Strong Revenue, Adjusted EBITDA, FCF Contribution SkyWater SkyWater Fab 25 Expected Illustrative Combined Fiscal 2024 Actual Fiscal 2025 Prelim. Annual P&L Contribution P&L Results Results Outlook (at Midpt) Combined ATS development + $266M +5% growth ~$300M >$575M Wafer Serv

  11. Slide 11: Strategic Diversification of Revenue Mix

    Strategic Diversification of Revenue Mix Illustrative Combined Revenue Mix 2025E (>$600M) Illustrative Combined End Market Mix 2025E Wafer Services A&D ATS Automotive Tools Industrial Consumer & Other Advanced Compute Bio-Med Fab 25 transaction expected to close mid-2025. Analysis shown for illustra

  12. Slide 12: Further Details of Fab 25 Acquisition Including Long-View Strategy and Financial Benefits

    Further Details of Fab 25 Acquisition Including Long-View Strategy and Financial Benefits To be held as Capital Markets Day shortly after closing (Closing expected 90-120 days after announcement)

SkyWater Technology — Merger or Acquisition (February 2025) on 6ix