#1NVIDIA® Annual Shareholder Meeting June 22, 2023#2FORWARD-LOOKING STATEMENTS Except for the historical information contained herein, certain matters in this presentation including, but not limited to, statements as to: the performance, impact, and benefits of our products and technologies; our growth and growth opportunities; our market opportunities; our strategies; and other predictions and estimates are forward-looking statements. 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 an projections about future events and trends that it believe may aff 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 most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. 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 margin, non-GAAP operating income, and non-GAAP earnings per share. 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". NVIDIA#3A NEW COMPUTING ERA ACCELERATED COMPUTING ☐☐ GENERATIVE AI HDO HH|| 8#4[ THE S WED TR PS3 327 34 SERRE CETES - WITH Portal AS ATAL CHER PERSEPS PESE 3045 A PLC 109 32 NVIDIA SPARKING THE IPHONE MOMENT OF AI CECALC HHHHHH 281 0014 I 16x 197 Liseli & What's the definition of a large language model? A large language model is a type of artificial intelligence system that has been trained on massive amounts of text data and can generate human-like language responses to input.#5NVIDIA ACCELERATED COMPUTING IS SUSTAINABLE COMPUTING#6Application Frameworks Platform Acceleration Libraries System Software Hardware MODULUS PIONEERING ACCELERATED COMPUTING ΜΟΝΑΙ RTX CUDA-X CUDA Magnum 10 RTX MAXINE GPU GRON DGX 00 100 CPU NEMO DOCA NVIDIA Al HGX ⠀⠀⠀ DPU J AVATAR EGX 10 NIC DRIVE Base Command OVX ISAAC NVIDIA Omniverse AGX = SWITCH CYCLIST METROPOLIS Forge MLNX SOC HOLOSCAN#7Revenue GM % Operating Income EPS FY23 RESULTS (NON-GAAP) FY22 $26.9B 66.8% $12.7B $4.44 Refer to Appendix for reconciliation of Non-GAAP measures. Revenue is GAAP. FY23 $27.0B 59.2% $9.0B $3.34 Y-Y -7.6 pts -29% -25%#8A NEW CLASS OF AI SUPERCOMPUTER#9Enter prompt... NVIDIA DGX Cloud Azure | GCP | OCI LEAPING INTO THE CLOUD NVIDIA AI Foundations ServiceNow Every CSP Cloud Azure | GCP | OCI | AWS Adobe ... NVIDIA AI Enterprise Xx600 On-Prem#10The NVIDIA REINVENTS MODERN GRAPHICS#11COMPOSE Design Digital Twin CONNECTING OUR PHYSICAL AND DIGITAL WORLDS MODULUS Performance Digital Twin DRIVE AV Digital Twin 4129 METROPOLIS mmm OFF O Factory Digital Twin NVIDIA Omniverse MAR ISAAC Robotics Digital Twin METROPOLIS Warehouse Digital Twin#12NVIDIA®#13Appendix: Reconciliation of Non-GAAP to GAAP Financial Measures#14FY22 Gross margin ($ in million) Operating income ($ in million) Net income ($ in million) Shares used in diluted per share calculation (millions) Diluted EPS RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES Acquisition Non-GAAP Termination Cost $17,969 66.8% $12,690 $11,259 2,535 $4.44 I | | | | Acquisition- Related and Other Costs (A) (344) (1.4) (636) (636) Stock-Based Compensation (B) (141) (0.5) (2,004) (2,004) A. Consists of amortization of intangible assets, transaction costs, and certain compensation charges. B. Stock-based compensation charge was allocated to cost of goods sold, research and development expense, and sales, general and administrative expense. C. Other comprises of restructuring costs and other, legal settlement costs, contributions, and net losses from non-affiliated investments D. Includes tax impact of adjustments, domestication tax adjustments, and foreign tax benefit. IP-Related Cost (9) T (9) (9) | | Other Tax Impact (D) (C) | T | 96 | | T T I 1,046 | T GAAP $17,475 64.9% $10,041 $9,752 2,535 $3.85#15FY23 Gross margin ($ in million) Operating income ($ in million) Net income ($ in million) Shares used in diluted per share calculation (millions) Diluted EPS RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES Acquisition Non-GAAP Termination Cost $15,965 59.2% $9,040 $8,366 2,507 $3.34 I | (1,353) (1,353) | | Acquisition- Related and Other Costs (A) (455) (1.7) (674) (674) Stock-Based Compensation (B) (138) (0.5) (2,710) (2,710) I A. Consists of amortization of intangible assets, transaction costs, and certain compensation charges. B. Stock-based compensation charge was allocated to cost of goods sold, research and development expense, and sales, general and administrative expense. C. Other comprises of restructuring costs and other, legal settlement costs, contributions, and net losses from non-affiliated investments IP-Related Cost (16) (0.1) (16) (16) | | Other (C) | | (63) (112) | | Tax Impact of Adjustments T T | 867 | T GAAP $15,356 56.9% $4,224 $4,368 2,507 $1.74