#1NVIDIA. GTC SPRING 2021 INVESTOR DAY#2Forward Looking Statements Except for the historical information contained herein, certain matters in this presentation including, but not limited to, statements as to: the forces, dynamics and changes in computing; waves of Al and its impacts; our strategies, growth, position, opportunities, and continued expansion; the performance, features, benefits and impact of our products, technologies and platform; the benefits and impact of NVIDIA's acquisition of Arm; how we engage customers; our product, data center and autonomous driving roadmap; our new technologies; our TAM; gaming transforming global entertainment; RTX fueling an upgrade cycle; Ampere being our best launch ever; GeForce laptops being the fastest growing game platform; how we are expanding the gaming PC base; gaming's runway for growth; delivering Al and accelerated computing; our design win pipeline; our partners and customers; our financial results, investments and opportunities; our financial outlook for the first quarter of fiscal 2022; our performance in our market platforms; our commitment to ESG and its impacts; and other predictions and estimates are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements and any other forward-looking statements that go beyond historical facts that are made in this presentation are subject to risks and uncertainties that may cause actual results to differ materially. Important factors that could cause actual results to differ materially include: global economic conditions; our reliance on third parties to manufacture, assemble, package and test our products; the impact of technological development and competition; development of new products and technologies or enhancements to our existing product and technologies; market acceptance of our products or our partners' products; design, manufacturing or software defects; changes in consumer preferences and demands; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems and other factors. NVIDIA has based these forward-looking statements largely on its current expectations and projections about future events and trends that it believes may affect its financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements are subject to a number of risks and uncertainties, and you should not rely upon the forward-looking statements as predictions of future events. The future events and trends discussed in this presentation may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Although NVIDIA believes that the expectations reflected in the forward-looking statements are reasonable, the company cannot guarantee that future results, levels of activity, performance, achievements or events and circumstances reflected in the forward-looking statements will occur. Except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances. For a complete discussion of factors that could materially affect our financial results and operations, please refer to the reports we file from time to time with the SEC, including our Annual Report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports we file with the SEC are posted on our website and are available from NVIDIA without charge. NVIDIA uses certain non-GAAP measures in this presentation including non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating income, non-GAAP operating margin, non-GAAP diluted earnings per share, and adjusted EBITDA. NVIDIA believes the presentation of its non-GAAP financial measures enhances investors' overall understanding of the company's historical financial performance. The presentation of the company's non-GAAP financial measures is not meant to be considered in isolation or as a substitute for the company's financial results prepared in accordance with GAAP, and the company's non-GAAP measures may be different from non-GAAP measures used by other companies. Further information relevant to the interpretation of non- GAAP financial measures, and reconciliations of these non-GAAP financial measures to the most comparable GAAP measures, may be found in the slide titled "Reconciliation of Non-GAAP to GAAP Financial Measures".#3AGENDA 10am PT 11am PT 12pm PT Presentations Q&A End Jensen Huang Founder & CEO HERE WITH YOU TODAY Colette Kress EVP & CFO Jeff Fisher SVP Gaming#4Jensen Huang | Founder & CEO, NVIDIA#5Yoshua Bengio University of Montreal Quebec Al Institute Jürgen Schmidhuber Dalle Molle Institute for Al Research Kim Libreri Epic Games. SCIENTISTS AT GTC Yann LeCun Facebook. New York University Raquel Urtasun University of Toronto Rommie Amaro University of California, San Diego Geoffrey Hinton University of Toronto Google Vector Institute Alvy Ray Smith Pixar Altamira Soumith Chintala Facebook FOR THE DA VINCIS OF OUR TIME Daphne Koller Insitro Coursera Stanford Abhay Parasnis Adobe Rose Yu University of California, San Diego Al QUANTUM COMPUTING CYBERSECURITY TALKS AT GTC 5G SPEECH NLU RECOMMENDERS DIGITAL TWINS IOT & EDGE SELF-DRIVING CARS ROBOTICS A Adobe Bai du E FACEBOOK Microsoft Pfizer Spotify LEADERS AT GTC Baker > Hughes Alibaba Cloud NASA BAYER 長 PIXAR Ford Google Tencent Cloud arm (000) aws verizon vmware NTT EPIC GAMES Red Hat ERICSSON & INDUSTRIAL LIGHT & MAGIC PayPal SIEMENS Healthineers TESCO tsmc Walmart ܀܀ Kroger P WELLS FARGO#6ANIMATION Al ( AX Omniverse Isaac Sim PHYSICS Path-Tracing USD Mater NEW NVIDIA TECHNOLOGIES ¶ Megatron | Drug Discovery Quantum Computing DGX | Grace BlueField-3 | DOCA 1.0 NVIDIA A100/A30 Jarvis culo NVIDIA A40/A10 100 Maxine cuDF Jarvis Merlin Maxine Morpheus NVIDIA AI EGX Aerial 5G CU NVIDIA C NVIDIA A1 DRIVE Sim Hyperion 8 Atlan Orin#7Accelerated Computing is the Path Forward FORCES SHAPING INDUSTRIES Al is Software that Writes Software 11 H-CHI-1⁹1 Data Center is the New Unit of Computing 0- o- 0- 0- 0- 4 0- JAD!!! JADADA Al-on-5G Kickstarts the 4th Industrial Revolution (HH Autonomous Systems in Real and Virtual Worlds (O) O O Ic#8NVIDIA = '²''... ="n"ப"பா"ய"யட2 NVIDIA GRACE CPU DATA CENTER-SCALE COMPUTING 3-Chip Rhythm ⠀⠀⠀ Sed ha baad NVIDIA 11111111 GPU CPU DPU 2020 Ampere NVIDIA DATA CENTER ROADMAP BlueField-2 2021 2022 Ampere Next Bluefield-3 2023 Grace 2024 Ampere Next Next Bluefield-4 2025 Grace Next#9Creates premier computing company for the age of Al combining NVIDIA's leading Al computing platform with Arm's CPU and licensing expertise Expands Arm's IP licensing portfolio with NVIDIA's technology into large end markets including Mobile and PCs Turbocharges Arm's server CPU roadmap pace and accelerates Data Center, Edge Al, and loT opportunities CLOUD NVIDIA. + arm NVIDIA AI NVIDIA GeForce NOW NVIDIA GPU AWS Graviton SCIENTIFIC COMPUTING NVIDIA AI NVIDIA HPC NVIDIA A100 0000 NVIDIA BlueField-2 100 Ampere Altra EDGE AND ENTERPRISE NVIDIA AI NVIDIA DeepStream NVIDIA T4 Marvell OCTEON PC NVIDIA AI NVIDIA RTX GeForce RTX 30 Series 100 MediaTek MT819x *NEW at GTC* New Platforms Partners Cloud Scientific Computing Enterprise | 5G Edge | PC#10Al Computing M 13731 GEZ DGX WAVES OF AI Cloud HGX 5G Industrial Edge (H) EGX Robotics Ic AGX#11NVIDIA BlueField-2 ANNOUNCING NVIDIA AI ENTERPRISE PLATFORM NVIDIA A100/A30 Jarvis culo NVIDIA A40/A10 Maxine cuDF 310 Merlin ******** cuDNN NVIDIA. CERTIFIED CHOLE NVIDIA AI ENTERPRISE Morpheus NVIDIA GPU CLOUD REGISTRY TTTTTTL Isaac NVIDIA Aerial A100 cuML NVIDIA CUDA, DOCA, VGPU, Magnum 10, Aerial 5G, Morpheus cuGraph Metropolis VMware vSphere Atos TAO Clara TensorRT inspur Lenovo Drive DELL Technologies FUJITSU GIGABYTE Triton H3C SUPERMICR#12DATA COLLECTING, TESTING DRIVE Hyperion NVIDIA DRIVE SOFTWARE-DEFINED PLATFORM For Autonomous Driving NVIDIA END-TO-END AV PLATFORM MAPPING, TRAINING DGX A100 SIMULATION DRIVE Constellation AV DRIVING www.y AV on DRIVE AGX AV WORLD MODEL IX on DRIVE AGX TOPS 1000 800 600 400 200 0 Parker 2018 1 TOPS 7 SPECint NVIDIA DRIVE AGX SOC ROADMAP Xavier 2020 30 TOPS 17 SPECint Orin SPECrate2017_int 2022 254 TOPS SPECint Atlan 2024 1000 TOPS >100 SPECint#13NVIDIA DRIVE SOFTWARE-DEFINED CAR PLATFORM Announcing Hyperion 8 Reference Car Computing System#14A NEW BREED OF TECHNOLOGY COMPANIES ' ΝΙΟ PENG IM 13259 A NEW TECHNOLOGY INDUSTRY Faraday Future Li Auto R Auto VIRTAST THE WORLD'S BIG BRANDS Mercedes-Benz VOLVO 8 HYUNDAI COO 10 TRILLION MILES A YEAR pony cruise ZOOX DiDi pony D THE INTERNET OF ATOMS VO NAVISTAR tu simple bu simple Plus SELF-DRIVING TRUCK#15GEFORCE THREE-LAYER MODEL OF CUSTOMER ENGAGEMENT PHYSICS OMNIVERSE APPLICATION FRAMEWORKS PLATFORM SOFTWARE CHIPS & SYSTEMS 1>=U14> cuQUANTUM MORPHEUS cul0 RTX cuDF JARVIS cuDNN TATTO DGX MERLIN NVIDIA AI NVIDIA GPU CLOUD REGISTRY cu ML MAXINE HGX GPU cuGraph NVIDIA CUDA, DOCA, VGPU, Magnum 10 TAO OPU CLARA EGX GALL BUS CYCLIST MOTORBIKE Tensor RT CYCLIST METROPOLIS VAN AGX Triton AERIAL ISAAC DRIVE K#16GTC SPRING 2021 NVIDIA DRIVE Software-defined platform from AV to Al Cockpit Extending design pipeline with Volvo, Cruise, SAIC | Atlan SoC 1,000 TOPS in 2025 NVIDIA PRE-TRAINED MODELS Production-quality Al models on NVIDIA GPU Cloud (NGC) registry NVIDIA TAO to adapt | NVIDIA Fleet Command to orchestrate NVIDIA PLATFORM SOFTWARE New software license & subscription offerings NVIDIA AI Enterprise | NVIDIA Omniverse Enterprise NVIDIA EGX FOR ENTERPRISE & EDGE Vertical industries driving the next wave of Al NVIDIA EGX Enterprise | NVIDIA Aerial A100 Al-on-5G 3-CHIP STRATEGY: GPU | DPU | CPU of computing center as the new Grace CPU for giant-scale Al and HPC | BlueField-3 DPU & DOCA 1.0#17Jeff Fisher | SVP Gaming, NVIDIA#18GAMING TRANSFORMING GLOBAL ENTERTAINMENT $177B 0 TV/Cable $94B $45B Music/Radio/ Podcasts Cinema ▬▬▬▬▬ $175B Gaming/eSports 2015-2020 Growth DISCORD 2.5X Active Users 56M 2018 2020 140M E-SPORTS +75M Global Audience 436M 361M 2018 2020 YOUTUBE 2X Gaming Hours Watched 50M 2018 100M 17M 2020 STEAM 1.5X Concurrent Users 25M 2018 2020 Source: Deloitte, Newzoo, Digital TV Research GEFORCE GAMING PLATFORM 42 FPS 72 FPS DLSS 2.0 NVIDIA REFLEX Reflex MET EKO WARZONE Broadcast "The real MVP of the RTX cards is the Tensor Core that makes DLSS possible." - GAMESPOT "NVIDIA Reflex is a game-changer with up to 50% less system latency." - JOHN LAFEUR, OVERWATCH TECHNICAL DIR "NVIDIA is making it easier than ever to look professional in your live stream." - ENGADGET#19New SM GAMING A RECORD YEAR 2ND GENERATION RTX A Reset of Computer Graphics 2nd Gen RT Core 3rd Gen Tensor Core $7B $6B $5B $4B $3B $2B $1B $B $2.6B FY16 STRONG GAMING GPU GROWTH AAA, eSports, Creators, Streamers 21% CAGR $6.9B FY21 5Yr CAGR ASP Units Revenue 11% 10% 21%#20Beatl RTX- THE NEW STANDARD #1 - Battle Royale, RPG, MMO, Best Selling Game Stay The Light LEFIELD V METRO GOODOE CHOS RUNNER MINECRAF WORLD WARCRAFT SHADOWLANDS BALI TAI MECHWARRIOR MERCENARIES RTX RESETS THE INSTALLED BASE TOMB RAIDER FORTNITE CON CALL-DUTY BLACK OPS COLD WAR WATCH LEG FPS RTX REAL-TIME RAY-TRACING Power of RT Core and Tensor Core DLSS 90 60 30 GTX Traditional RT ON RTX RTX ON Note: RTX 3060 vs. GTX 1660 Super running Control at 1080p resolution, MSAA 4x, DLSS Balanced Mode GEFORCE GAMING INSTALLED BASE 85% Needs Upgrade GEFORCE RTX GEFORCE GAMING PCs#21End Market Sales 2X- - FASTEST RAMPING ARCH 1 2 3 4 5 6 7 8 AMPERE Weeks Ampere Turing 9 10 11 12 13 14 15 16 17 18 Pascal Note: $499+ Est. Sell Through Based on MSRP from Product Launch Date BEST LAUNCH EVER % of Steam Gamers 2X SHARE ON STEAM Turing 2X Ampere Note: Steam Share 6 Months After Launch Source: Steam, NVIDIA 100% 80% 60% 40% 20% 0% $245 GAMERS BUYING UP Pascal Launch $300 Turing Launch $360 ASP Ampere Launch >$299 <$299 Note: Desktop Card ASP based on MSRP of entire $99+ offering, for first 6 Months after launch#22GEFORCE LAPTOP AMPERE LAPTOP BIGGEST LAUNCH EVER 70 New Models, Starting at $999 — FASTEST GROWING GAME PLATFORM MAX-Q REDEFINES GAMING LAPTOP 2X Designs, Thinnest Ever Dynamic Boost 2.0 Resizable BAR WhisperMode 2.0 45 2019 98 Source: NVIDIA, DFC 2020 Max-Q Models GEFORCE LAPTOP FASTEST SELLING CONSOLE New Buyers Choosing Gaming LT 20+% CAGR Gaming Laptop 2015 Gaming Laptop 2020 Playstation 2020#23PC GAMING IS MORE THAN PLAYING CREATING NVIDIA Studio - 60+ RTX Creative/Design Apps 45M Creators BROADCASTING comme ilter 2-yes Twitch Streamers up 2X in 2020 RANGEGUT ter86635, uyes spoctral; no thanks siddiqui: out of content again Cylitrix 1980 hello AxtroKitty: Oceanistic: hi 30M Live Streamers Source: NVIDIA, Adobe, TwitchTracker, Omdia P 35M 30M 25M 20M 15M 10M 5M OM EXPERIENCING VR Revenue Up 71% on Steam in 2020 6X in 2025 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 33M PC VR Headsets by 2025#24NORTH AMERICA NVIDIA REACHING BILLIONS MORE GAMERS 27 Data Centers, 75 Countries, 12 GFNA Partners WESTERN EUROPE NVIDIA SOUTH AMERICA ABYA SAUDI ARABIA ZAIN TURKEY GAME+ RUSSIA GEFORCE NOW KOREA LGU+ AUSTRALIA Pentanet JAPAN Softbank, KDDI TAIWAN Taiwan Mobile Android TV Android Mobile 10M GFN MEMBERS 1000 Games Onboarded Source: NVIDIA, Ericsson Mac 5% 15% 8% iOS 7% GFN CLIENT MIX 65% Underpowered PC/Chromebook 1B Underpowered PC/Chromebooks | 1B iOS/Mac | 4B Android Mobile/TV GAMING 5G KILLER APP 1/3 of World Population Covered 0.2B 2.7B 2020 5G Subscribers 2025#25620 READY NOT DEATH GAMING LONG RUNWAY FOR GROWTH -40 Stay in the Light NVIDIA RTX 85% Need to Upgrade GHOSTRUNKER MINECRAFT WORLD LAN 5ET3 STEI TOMB RAIDER бувстерик FORTNITE BEYOND PLAYING 100M eAthletes / Creators / Streamers / VR GEFORCE LAPTOP Fastest Growing PC Platform FORTNITE CLOUD GAMING Billions More Gamers APEX WATCH DOGS LEGION RTX ON WATCH DOGS LEGION AM#26Colette Kress | EVP & CFO, NVIDIA#27$10.9B FY 2020 REVENUE 53% $16.7B FY 2021 FY 2021-A RECORD-BREAKING YEAR GROSS MARGIN 65.6% 310 bps 62.5% 11 FY 2020 FY 2021 OPERATING INCOME $3.7B FY 2020 82% Gross Margin, Operating Income and EPS shown are Non-GAAP measures. $6.8B FY 2021 EPS FY 2020 $10.00 73% $5.79 1 FY 2021#28$4.1B FY 2017 $0.8B FY 2017 MARKET PLATFORMS Record Gaming, Record Data Center, and Record Overall Revenue $5.5B FY 2018 $0.9B FY 2018 GAMING (4-year CAGR: 18%) $6.2B FY 2019 PRO VISUALIZATION (4-year CAGR: 6%) $1.1B FY 2019 $5.5B FY 2020 $1.2B FY 2020 41% $7.8B FY 2021 (13%) $1.1B FY 2021 $0.8B FY 2017 $487M FY 2017 $1.9B FY 2018 $558M FY 2018 DATA CENTER (4-year CAGR: 69%) $2.9B FY 2019 AUTO (4-year CAGR: 2%) $641 M FY 2019 $3.0B FY 2020 $700M FY 2020 124% $6.7B AM Mellanox FY 2021 (23%) $536M FY 2021#29NVIDIA AI ENTERPRISE Delivering NVIDIA AI and Accelerated Computing to the World's Largest Industries NVIDIA BlueField-2 NVIDIA A100/A30 DATA PREP cul0 NVIDIA A40/A10 cuDF ↑ TRAIN cuDNN AERIAL A100 NVIDIA AI ENTERPRISE ↑ NVIDIA. CERTIFIED NVIDIA GPU CLOUD REGISTRY cuML SIMULATE cuGraph NVIDIA CUDA, DOCA, VGPU, Magnum 10, Aerial 5G, Morpheus VMware vSphere Atos TAO inspur DELL Technologies Lenovo ORCHESTRATE Tensor RT FUJITSU U 669 T TRITON GIGABYTE SUTRMICK Z .|||||||| CISCO NVIDIA AI ENTERPRISE Partner Ecosystem vmware DELL Technologies Hewlett Packard Enterprise Business Model Software license per CPU socket and annual maintenance; or Subscription Opportunity 8M enterprise server CPUs/year 300,000+ VMware customers Lenovo Platform NVIDIA EGX#30NIO NEW ENERGY VEHICLES XPENG Faraday Future cruise OVER $8B AUTOMOTIVE DESIGN WIN PIPELINE Autonomous Driving and Al Cockpit Platform NEW DiDi NEW oxbotica Li Auto NINH ROBOTAXI NEW NEW IM .配汽车 CAN 00 ZOOX pony บ autos ESTABLISHED OEM Mercedes-Benz HYUNDAI MOTOR GROUP VOLVO tu simple FAW VOLVO cele TRUCKING NAVISTAR Plus Design win pipeline 6-years through FY 2027. NEW LOCOMATION SAIC NEW einride NVIDIA DRIVE SOFTWARE Landmark Partnership Business Model Shared revenue for AutoPilot and Al Cockpit software per car Opportunity 2-2.5M cars/year sold by MB 100M cars/year sold globally Platform NVIDIA DRIVE AGX#31GROSS PROFIT Mix Shift to Data Center Largest Driver of Gross Margin Improvement REVENUE CONTRIBUTION OEM & Other Auto Pro Vis Data Center Gaming FY 2017 OEM & Other Auto Pro Vis Data Center Gaming FY 2021 GM % 100% 0% Pro Vis Gaming OEM / Other Auto Gross Profit and Gross Margin shown are Non-GAAP measures. GROSS PROFIT Data Center FY 2021 = 65.6% FY 2017 = 59.2% Bubble size represents Gross Profit contribution FY 2017 - FY 2021 Revenue CAGR#32GROSS MARGIN 59.2% +640 bps THE POWER OF "ONE ARCHITECTURE" Leveraging our Platform to Reach Record Levels of Profitability FY 2017 65.6% FY 2021 OPERATING MARGIN +870 bps 32.1% FY 2017 40.8% FY 2021 Gross Margin and Operating Income Margin shown are Non-GAAP measures. ONE ARCHITECTURE CPU ECOSYSTEM APPLICATIONS SDK & ENGINES SYSTEMS 00 GPU DPU#33CASH FLOW FROM OPERATING ACTIVITIES ($Bs) $1.7 CASH FLOW AND CAPITAL ALLOCATION Cash Flow Generation Fuels Investments into New Markets and Capabilities FY 2017 $3.5 FY 2018 37% CAGR $3.7 FY 2019 $4.8 FY 2020 $5.8 FY 2021 INVESTING IN OUR CAPABILITIES Capital Expenditures ($Bs) $0.2 $0.6 FY 2017 FY 2018 0.0 (0.5)x (1.0)x (1.5)x (2.0)x (2.5)x $0.6 $0.5 FY 2019 FY 2020 $1.1 FY 2021 CONSERVATIVE FINANCIAL POLICY Net Debt¹ / Adjusted EBITDA² FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 ¹Net debt defined as Principal Value of Debt less Cash & Cash Equivalents and Marketable Securities 2 Adjusted EBITDA is a Non-GAAP measure 3 Pending GAME CHANGING ACQUISITIONS M TECHNOLOGIES arm DISCIPLINED CAPITAL RETURN Returned $5.0B to shareholders since FY 2017#34FY22 OFF TO A GREAT START Q1 Tracking Ahead of Outlook Q1 FY2022 REVENUE OUTLOOK AS PROVIDED ON FEB 24, 2021 Revenue of $5.30 billion, plus or minus two percent Most of the sequential growth driven by Gaming; all other platforms also expected to grow q/q Includes CMP revenue of $50 million Q1 FY2022 REVENUE OUTLOOK UPDATE AS OF APRIL 12, 2021 Revenue tracking above previous $5.30 billion outlook All market platforms driving upside to outlook Includes CMP revenue of $150 million Market platforms include Gaming, Data Center, Professional Visualization, Automotive, and OEM CMP stands for Crypto Mining Processors, included in the OEM market platform#35COMMITMENT TO ESG Building One of the World's Great Companies Through People, Innovation, and Energy Efficient Technology PEOPLE FIRST "America's Most Just Companies" #1 in Semiconductors & Equipment #1 - Worker Treatment FORBES 2021 "100 Best Companies to Work For" FORTUNE "2021 Best Places to Work" "Best Places to Work. Employee's Choice" GLASSDOOR "100 Best Corporate Citizens" CRO MAGAZINE "Best Places to Work for LGBT Equality" HUMAN RIGHTS CAMPAIGN SOCIETAL INNOVATION Helping healthcare institutions harness the power of Al and high-performance computing to define the future of medicine. ENERGY EFFICIENCY The GREEN 500 NVIDIA powers 26 of the 30 most energy efficient supercomputers (as of Nov 2020) NVIDIA GPUs are up to 42 times more efficient than CPUs for Al workloads 65% of our global electricity use from renewable energy by FY25#36Reconciliation of Non-GAAP to GAAP Financial Measures#37GROSS MARGIN ($ IN MILLIONS & MARGIN PERCENTAGE) FY 2017 FY 2020 RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES FY 2021 NON-GAAP $4,088 59.2% $6,821 62.5% $10,947 65.6% A. Consists of amortization of intangible assets and inventory step up B. Stock-based compensation charge was allocated to cost of goods sold ACQUISITION- RELATED AND OTHER COSTS (A) (425) (2.6) STOCK-BASED COMPENSATION (B) (15) (0.2) (39) (0.4) (88) (0.5) IP-RELATED COSTS (10) (0.2) (14) (0.1) (38) (0.2) GAAP $4,063 58.8% $6,768 62.0% $10,396 62.3%#38OPERATING MARGIN ($ IN MILLIONS & MARGIN PERCENTAGE) FY 2017 FY 2018 FY 2019 FY 2020 RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES (CONTD.) FY 2021 NON-GAAP $2,221 32.1% $3,617 37.2% $4,407 37.6% $3,735 34.2% $6,803 40.8% ACQUISITION- RELATED AND OTHER COSTS (A) (16) (0.2) (13) (0.2) (2) (31) (0.3) (836) (5.0) STOCK-BASED COMPENSATION (B) (248) (3.6) (391) (4.0) (557) (4.7) (844) (7.7) (1,397) (8.4) A. Consists of amortization of acquisition-related intangible assets, inventory step-up, transaction costs, compensation charges, and other costs B. Stock-based compensation charge was allocated to cost of goods sold, research and development expense, and sales, general and administrative expense. C. Comprised of IP-related costs, legal settlement costs, contributions, and restructuring and other charges OTHER (C) (23) (0.3) (3) (44) (0.4) (14) (0.1) (38) (0.2) GAAP $1,934 28.0% $3,210 33.0% $3,804 32.5% $2,846 26.1% $4,532 27.2%#39FY 2020 EPS FY 2021 RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES (CONTD.) Net income ($ in millions) Shares used in diluted per share calculation (millions) Diluted EPS Net income ($ in millions) Shares used in diluted per share calculation (millions) Diluted EPS NON-GAAP $3,580 618 $5.79 $6,277 628 ACQUISITION- RELATED AND OTHER COSTS (A) (31) 1 1 (836) 1 STOCK-BASED COMPENSATION (B) (844) ¦ 1 (1,397) $10.00 A. Acquisition-related and other costs consist of amortization of intangible assets, inventory step-up, transaction costs, compensation charges and other costs. B. Stock-based compensation charge was allocated to cost of goods sold, research and development expense, and sales, general and administrative expense. C. Consists of IP-related costs, contributions, gains/losses from non-affiliated investments, and interest expense related to amortization of debt discount. OTHER (C) (15) 1 1 (41) 1 1 TAX IMPACT OF ADJUSTMENTS 106 329 GAAP $2,796 618 $4.52 $4,332 628 $6.90#40($ in millions) FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES (CONTD.) NON-GAAP OPERATING INCOME (A) $2,221 $3,617 $4,407 $3,735 $6,803 GAAP DEPRECIATION & AMORTIZATION A. Refer to Appendix herein for reconciliation of Non-GAAP operating income to GAAP operating income. 187 199 262 381 1,098 AMORTIZATION OF ACQUISITION-RELATED INTANGIBLES (16) (13) (7) (6) (591) ADJUSTED EBITDA $2,392 $3,803 $4,662 $4,110 $7,310#41NVIDIA. GTC SPRING 2021 INVESTOR DAY