#1Public Exhibit 99.2 ASML ASML reports €3.3 billion net sales at 48.2% gross margin in Q2 2020 sales growth expectations unchanged ASML 2020 Second-Quarter Veldhoven, the Netherlands July 15, 2020#2Agenda Investor key messages • Business summary ● ● • Outlook Financial statements ● ASML Public Slide 2 July 15, 2020#3Investor key messages ASML Public Slide 3 July 15, 2020#4Investor key messages Long term growth opportunity remains, driven by end markets growth enabled by major innovation in semiconductors • Shrink is a key industry driver supporting innovation and providing long term industry growth Holistic Lithography enables affordable shrink and therefore delivers compelling value for our customers ● • DUV, EUV and Application products are highly differentiated solutions that provide unique value drivers for our customers and ASML ● ASML ● ● Public Slide 4 July 15, 2020 EUV will enable continuation of Moore's Law and will drive long term value for ASML well into this decade In November 2018 ASML modeled an annual revenue opportunity of €13 billion in 2020 under a moderate market scenario and an annual revenue opportunity between €15 - 24 billion through 2025 We expect to continue to return significant amounts of cash to our shareholders through a combination of share buybacks and growing annualized dividends#5Business summary ASML Public Slide 5 July 15, 2020#6Q2 results summary ● ● ● ● ● Net sales of €3,326 million, net systems sales of €2,439 million, Installed Base Management sales of €887 million Gross margin of 48.2% Operating margin of 27.2% Net income as a percentage of net sales of 22.6% Net bookings of €1,101 million, including €461 million of EUV systems (3) * Installed Base Management equals our service and field upgrades sales ASML Public Slide 6 July 15, 2020#7EUV: roadmap execution. Multiple NXE:3400C systems upgraded at the customers with the modular vessel, within the planned install time Achieved a successful introduction of inline Tin refill on those systems in support of our availability improvement roadmap ASML Public Slide 7 July 15, 2020 Upgrades were executed with the support of remote (or Augmented Reality) technologies in order to deal with COVID-19 restrictions ASML has agreed to acquire all shares of Berliner Glas, a privately held manufacturer of ceramic and optical modules, which are important to support the future roadmap for our EUV (and DUV) products#8DUV: Shipped first NXT:1470 system Provides >300 wph capability and <4.0 nm Matched Machine Overlay Building on the NXT immersion platform, with improved matched machine overlay and higher productivity to maximize wafer output from customers' cleanroom Reticle stage NXT:1970 RS with latest improvements New Wafer Stage Improved dynamics and enabling future scan speed increase Baseframe 4.0 support >325 wph Levelling UVLS MK2 with LIL New Wafer Handler Improved overlay by better thermal conditioning ASML PONY TWINSCAN NXT:1470 Projection optics Improved overlay distortion correction and prepared for high power lasers Heating control SW Better overlay control ASML Public Slide 8 July 15, 2020 Throughput Overlay control#9Applications: 1st eScan 1000 MultiBeam system shipped MultiBeam leverages ASML's stage, ebeam and computational technologies 11 16 11 11 ||||| || Milestones Technology Demonstrated. Concept Proven First ever MultiBeam system shipped Features unique 9 beam (3x3) electron optics Leverages ASML's stage technology to achieve high-speed motion and high position accuracy, providing increased throughput up to 600% compared to single beam systems Integrates computational technology for guided defect inspection ASML Public Slide 9 July 15, 2020#10Net system sales breakdown (Quarterly) End-Use Region (ship to location) ArF Dry 5% Q2'20 total sales €2,439 million Technology KrF 10% Q1'20 total sales €1,584 million ArFi 41% ArF Dry 7% ArFi 52% EUV 39% KrF 13% EUV 22% I-line 1% Metrology & Inspection 4% I-line 3% Metrology & Inspection 3% Logic 62% Logic 73% Memory 38% Memory 27% Taiwan 21% South Korea 38% Taiwan 30% China 23% China 19% South Korea 29% USA 17% USA 15% EMEA 1% Japan 4% EMEA 3% Public Slide 10 July 15, 2020 Sales in lithography units 7 2 17 EUV 7 EUV ArFi ArFdry KrF 16 ASML 6 23 22 ArFi ArFdry KrF I-Line 11 I-Line#11Total net sales € million by End-use Net Sales 12,000 10,000 8,000 6,000 4,000 2,000 0 6,795 2,123 3,170 1,502 2016 9,053 2,679 3,406 2,968 2017 10,944 2,685 3,714 4,545 2018 11,820 2,824 6,566 2,430 2019 5,767 1,744 2,668 1,355 2020 YTD As of January 1, 2018, ASML has adopted the new Revenue Recognition Standard (ASC 606) and Lease Standard (ASC 842). The comparative numbers 2016 - 2017 presented above have not been adjusted to reflect these changes in accounting policy. Installed Base Management Logic ASML Public Slide 11 July 15, 2020 Memory#12Litho systems bookings activity by End-use Q2'20 total value €1,101 million Q1'20 total value €3,085 million Logic 50% Logic 66% Memory 50% Memory 34% Our systems net bookings include all system sales orders for which written authorizations have been accepted (for EUV excluding the High-NA systems). Units Units ASML Public Slide 12 July 15, 2020 Lithography systems New Used 28 6 Lithography systems New Used 72 1#13Capital return to shareholders In Q2, ASML paid a final dividend of €1.35 per ordinary share or €565 million. Together with the interim dividend paid in 2019, this results in a total dividend for 2019 of €2.40 per ordinary share Final dividend Interim dividend ● ● ASML announced a three-year share buyback program in January 2020. To date, €507 million worth of shares has been repurchased Annualized dividend (€) 2.5 2.0 1.5 1.0 0.5 0.0 0.40 0.46 Dividend history 0.70 0.61 0.53 1.05 1.20 1.40 2.10 1.35 1.05 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 interim + final The dividend for a year is paid in the subsequent year, except interim € million 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 Capital return up to 2012 2013 2014 2015 2016 2017 2018 2019 2020 2011 YTD ASML Capital return is cumulative dividend + share buyback Public Slide 13 July 15, 2020 Dividend paid Share buyback#14Outlook ASML Public Slide 14 July 15, 2020#15Q3 Outlook • Q3 2020 net sales between €3.6 billion and €3.8 billion, including Installed Base Management sales of around €850 million Gross margin between 47% and 48% • R&D costs of around €545 million • SG&A costs of around €140 million Estimated annualized effective tax rate of around 14% for 2020 ● ● O ASML Public Slide 15 July 15, 2020#16Financial statements ASML Public Slide 16 July 15, 2020#171 2 Consolidated statements of operations € million Quarter on Quarter Net sales Gross profit Gross margin % R&D costs SG&A costs Income from operations Operating income as a % of net sales Net income Net income as a % of net sales Earnings per share (basic) € Earnings per share (diluted) € Lithography systems sold (units) 1 Net booking value ² Q2 2019 2,568 1,105 43.0 (487) (123) 494 19.2 476 18.5 1.13 1.13 48 2,828 Q3 2019 2,987 1,307 43.7 (493) (129) 685 23.0 627 21.0 1.49 1.49 57 5,111 Q4 2019 4,036 1,940 48.1 (516) (148) 1,277 31.6 1,134 28.1 2.70 2.69 76 2,402 Q1 2020 2,441 1,101 45.1 (544) (130) 427 17.5 391 16.0 0.93 0.93 57 3,085 Q2 2020 3,326 1,603 48.2 ASML (567) (131) 905 27.2 751 22.6 1.79 1.79 61 1,101 Lithography systems do not include metrology and inspection systems. Our systems net bookings include all system sales orders for which written authorizations have been accepted (for EUV excluding the High-NA systems). Our Q3 2019 systems net bookings. include 1 DUV system shipped in Q3 2019, shipped to collaborative Research Center (Imec). This system is not recognized in revenue Public Slide 17 July 15, 2020 These numbers have been prepared in accordance with US GAAP. Numbers have been rounded for readers' convenience.#18Consolidated statements of cash flows € million Quarter on Quarter 1 Cash and cash equivalents, beginning of period Net cash provided by (used in) operating activities Net cash provided by (used in) investing activities Net cash provided by (used in) financing activities Effect of changes in exchange rates on cash Net increase (decrease) in cash and cash equivalents Cash and cash equivalents, end of period Short-term investments Cash and cash equivalents and short-term investments Purchases of property, plant and equipment and intangible assets Free cash flow 1 Q2 2019 Q3 2019 2,253 1,661 100 209 (896) (4) (592) 1,661 673 2,335 (141) (41) 69 (7) (142) 5 (75) 1,586 484 2,070 Q4 2019 Q1 2020 1,586 3,532 3,588 (1,017) (626) 1,946 3,532 1,186 4,718 (197) (315) (128) 3,273 (606) (444) 240 2 (809) 2,724 1,388 4,112 (242) (848) ASML Q2 2020 2,724 372 215 192 (3) 776 3,499 941 4,440 Public Slide 18 July 15, 2020 (232) 140 Free cash flow, which is a non-GAAP measure, is defined as net cash provided by (used in) operating activities minus purchases of Property, plant and equipment and intangible assets), see US GAAP Consolidated Financial Statements. These numbers have been prepared in accordance with US GAAP. Numbers have been rounded for readers' convenience.#19Consolidated balance sheets € million Quarter on Quarter Assets Cash & cash equivalents and short-term investments Net accounts receivable and finance receivables Contract assets Inventories, net Other assets Tax assets Equity method investments Goodwill Other intangible assets Property, plant and equipment Right-of-use assets Total assets Liabilities and shareholders' equity Current liabilities Non-current liabilities Shareholders' equity Total liabilities and shareholders' equity Q2 2019 2,335 2,664 190 3,914 1,771 647 950 4,541 1,141 1,670 211 20,034 3,693 4,796 11,545 20,034 Q3 2019 2,070 3,274 288 3,895 1,767 649 969 4,541 1,123 1,818 305 20,699 3,712 4,916 12,071 20,699 Q4 2019 4,718 2,773 231 3,809 1,673 624 833 4,541 1,105 1,999 324 22,630 4,694 5,344 12,592 22,630 Q1 2020 4,112 2,857 292 4,345 1,808 1,011 865 4,541 1,083 2,047 317 23,278 4,677 6,076 12,525 23,278 ASML Q2 2020 4,440 3,286 261 4,686 1,833 846 892 4,541 1,058 2,109 354 24,306 4,631 6,975 12,700 24,306 Public Slide 19 July 15, 2020 These numbers have been prepared in accordance with US GAAP. Numbers have been rounded for readers' convenience.#20ASML Forward looking statements This document contains statements that are forward-looking, including statements with respect to expected trends, including trends in end markets and technology industry and business environment trends, outlook and expected financial results for Q3 2020, including expected revenues, gross margin and 2020 growth expectations, R&D costs, SG&A costs and estimated annualized effective tax rate for 2020, expected revenue recognition of certain systems later in 2020, expected benefits and performance of new systems and applications, the expectation that EUV will continue to enable Moore's law and drive long term value for ASML, statements with respect to plans regarding dividends, including the intention to continue to return excess cash to shareholders through a combination of share buybacks and growing dividends and statements with respect to the 2020- 2022 share buyback program. You can generally identify these statements by the use of words like "may", "will", "could", "should", "project", "believe", "anticipate", "expect", "plan", "estimate", "forecast", "potential", "intend", "continue", "target", and variations of these words or comparable words. These statements are not historical facts, but rather are based on current expectations, estimates, assumptions and projections about our business and our future financial results and readers should not place undue reliance on them. Forward-looking statements do not guarantee future performance and involve risks and uncertainties. These risks and uncertainties include, without limitation, economic conditions; product demand and semiconductor equipment industry capacity; worldwide demand and manufacturing capacity utilization for semiconductors; the impact of general economic conditions on consumer confidence and demand for our customers' products; performance of our systems, the duration and continued or increased severity of the COVID-19 outbreak and measures taken to contain it and other risks related to the impact of COVID-19 on the global economy and financial markets, as well as on ASML and its customers and suppliers, including their operations, and other risks relating to COVID-19 and other factors that may impact ASML's sales and gross margin, including customer demand and ASML's ability to obtain supplies for its products, the success of technology advances and the pace of new product development and customer acceptance of and demand for new products; the number and timing of systems ordered, shipped and recognized in revenue, and the risk of order cancellation or push out, production capacity for our systems including delays in system production; our ability to enforce patents and protect intellectual property rights and the outcome of intellectual property disputes and litigation; availability of raw materials, critical manufacturing equipment and qualified employees; trade environment; import/export and national security regulations, changes in exchange and tax rates; available liquidity and liquidity requirements, our ability to refinance our indebtedness, available cash and distributable reserves for, and other factors impacting, dividend payments and share repurchases, results of the share repurchase programs and other risks indicated in the risk factors included in ASML's Annual Report on Form 20-F and other filings with and submissions to the US Securities and Exchange Commission. These forward-looking statements are made only as of the date of this document. We do not undertake to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. Public Slide 20 July 15, 2020#21ASML