#1NXP Investor Presentation Second Quarter 2022 July 2022 NX- SECURE CONNECTIONS FOR A SMARTER WORLD PUBLIC NXP, THE NXP LOGO AND NXP SECURE CONNECTIONS FOR A SMARTER WORLD ARE TRADEMARKS OF NXP B.V. ALL OTHER PRODUCT OR SERVICE NAMES ARE THE PROPERTY OF THEIR RESPECTIVE OWNERS. 2021 NXP B.V. (8") H 歐 5G G H H#2FORWARD LOOKING STATEMENTS This presentation or the subsequent discussion period includes forward-looking statements which include statements regarding NXP's business strategy, financial condition, results of operations, market data and expectations, outlooks, projections, estimates, goals and targets, as well as any other statements which are not historical facts. By their nature, forward-looking statements are subject to numerous factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those projected. These factors, risks and uncertainties include the following: market demand and semiconductor industry conditions; our ability to successfully introduce new technologies and products; the demand for the goods into which our products are incorporated; potential impacts of the COVID-19 pandemic; trade disputes between the U.S. and China, potential increase of barriers to international trade and resulting disruptions to NXP's established supply chains; our ability to generate sufficient cash, raise sufficient capital or refinance our debt at or before maturity to meet both our debt service and research and development and capital investment requirements; our ability to accurately estimate demand and match our production capacity accordingly or obtain sufficient supplies from third-party producers to meet demand; our access to production from third-party outsourcing partners, and any events that might affect their business or our relationship with them; our ability to secure adequate and timely supply of equipment and materials from suppliers; our ability to avoid operational problems and product defects and, if such issues were to arise, to correct them quickly; our ability to form strategic partnerships and joint ventures and successfully cooperate with our alliance partners; our ability to win competitive bid selection processes; our ability to develop products for use in our customers' equipment and products; our ability to successfully hire and retain key management and senior product engineers; the invasion of Ukraine by Russia and resulting regional instability, sanctions and any other retaliatory measures taken against Russia, which could adversely impact the global supply chain, disrupt our operations or negatively impact the demand for our products in our primary end markets; and, our ability to maintain good relationships with our suppliers. In addition, this presentation or the subsequent discussion period contains information concerning the semiconductor industry and our business which is forward-looking in nature and is based on a variety of assumptions regarding the ways in which the semiconductor industry, our end markets and product areas may develop. NXP has based these assumptions on information currently available to us, if any one or more of these assumptions turn out to be incorrect, actual results may differ from those predicted. While we do not know what impact any such differences may have on our business, if there are such differences, our future results of operations and financial condition could be materially adversely affected. There can be no assurances that a pandemic, epidemic or outbreak of a contagious diseases, such as COVID-19, will not have a material and adverse impact on our business, operating results and financial condition in the future. Participants are cautioned not to place undue reliance on these forward-looking statements, which speak to results only as of the date the statements were made. The forward-looking statements in this presentation are based on management's plans, objectives and information available as of the May 2, 2022, date of this presentation. Except for any ongoing obligation to disclose material information as required by the United States federal securities laws, NXP does not have any intention or obligation to publicly update or revise any forward-looking statements, whether to reflect any future events or circumstances or otherwise. Neither future distribution of this material nor the continued availability of this material in archive form on our website should be deemed to constitute an update or re-affirmation of these forward-looking statements as of any future date. For a discussion of potential risks and uncertainties, please refer to the risk factors listed in our SEC filings. Copies of our filings are available from our Investor Relations website, www.nxp.com/investor or from the SEC website, www.sec.gov. NO OFFER OF SOLICITATION The Presentation does not constitute or form part of, and should not be construed as, an offer to sell or issue, or the solicitation of an offer to purchase, subscribe to or acquire, securities of NXP, or an inducement to enter into investment activity in the United States or in any other jurisdiction in which such offer, solicitation, inducement or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of such jurisdiction. No part of this Presentation, nor the fact of its distribution, should form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever. The Presentation is not for publication, release or distribution in any jurisdiction where such publication, release or distribution would constitute a violation of the relevant laws of such jurisdiction, nor should it be taken or transmitted into such jurisdiction. USE OF NON-GAAP FINANCIAL MEASURES In this presentation, we have included certain non-GAAP financial information, including (i) Gross profit, (ii) Gross margin, (iii) Research and development, (iv) Selling, general and administrative, (v) Amortization of acquisition-related intangible assets, (vi) Other income, (vii) Operating income (loss), (viii) Operating margin, (ix) Financial Income (expense), (x) Adjusted net income, adjusted EBITDA and trailing 12 month adjusted EBITDA and (xi) free cash flow and free cash flow as a percent of Revenue. Our non-GAAP results exclude, where applicable, the amortization of acquisition related intangible assets, the purchase accounting effect on inventory and property, plant and equipment, merger related costs (including integration costs), certain items related to divestitures, share-based compensation expense, restructuring and asset impairment charges, non-cash interest expense on convertible notes, extinguishment of debt and foreign exchange gains and losses. These non-GAAP measures are provided in addition to, and not as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP. Reconciliations of these non-GAAP measures to the most comparable measures calculated in accordance with GAAP are provided in the appendix to the presentation. For further discussion of our use of non-GAAP measures and information on the reconciliation to most comparable measures calculated in accordance with GAAP, please refer to the NXP Historic Financial Model file found on the Financial Results page of the Investor Relations section of our website at www.nxp.com.#3NXP Investment Thesis $ $ Market leader with strong revenue growth Proven financial model with resilient profitability Reliable capital return policy of robust free cash flow#4Semiconductor TAM ($B) 2000 Macrotrends Driving Waves of Semi Growth (1) Laptop, Desktop, Mobiles 1. Omdia Application Market Forecast Tool 3Q21 D Game Consoles Home Audio HiFi... (ARAM Smartphones Data-center servers Rise of Secure Edge Smart connected devices Smart factories and homes Smart connected cars liiii CARID. TITT 5G |Ai IITT 2005 2010 2015 2020 2025E 2030E#5Semiconductor Industry – a $1 Trillion Opportunity in 2030 Global Semiconductor market value by vertical, indicative, $billion Growth contribution per vertical, 2021-30, % Source: McKinsey May 2022 CAGR, 2021-30, % 7 1,065 60 Wired communication 5 95 Consumer electronics 10 590 35 13 612 3 50 60 50 170 130 Industrial electronics 15 150 Automotive electronics 20 280 Wireless communication 00 6 25 5 LO 225 2021 350 2030E Computing and data storage 25 25 100%#6NXP's Unrivaled Technology Portfolio for the Secure Edge SENSE THINK Everything Aware Everything Smart CONNECT ACT الجا Everything Connected Everything Efficient Everything safe and secure Easy to implement scalable system solutions#7NXP Addresses 4 Major End Markets Automotive Industrial & IoT 279 Mobile Q Communications Infrastructure (Å" Safety, Electrification & Driver Interaction System solutions innovation drives revenue growth Edge Processing, Connectivity & Security Scalable processing and solutions as a differentiator Virtualized Secure Transactions & Access Growth driven by increased attach rate Capex-driven Wireless Infrastructure Market Growth as result of new cellular standards#8Accelerating Profitable Growth of 8-12% CAGR COM (1.2,3,4) Automotive H Industrial & IoT 279 Mobile Communications Infrastructure (8") 50% of Total +9 to 14% 3-yr. CAGR Leader in sensing, processing and control applications 22% of Total +9 to 14% 3-yr. CAGR Leader in connected edge processing 13% of Total +8 to 10% 3-yr. CAGR Leader in secure mobile wallet, access, and identification 16% of Total +2 to 6% 3-yr. CAGR Leader in high-power RF power 1. NXP Strategy Office 2. Communication Infrastructure includes "Other" consolidated revenue associated with NXP joint ventures 3. 2021E based on 1Q21-3Q21 actual results and the mid-point of 4Q21 estimated guidance as of Nov. 2, 2021 4. Reconciliations of non-GAAP measures to the most comparable measures calculated in accordance with GAAP are provided in the appendix to the presentation#9Our Secular Growth Drivers Expected to Scale Rapidly (1,2,3,4) 2021 Revenue by end-market exposure 50% Automotive Q NX- ((8)) 13% Mobile ༦༢) 요 22% Industrial 16% Comm. Infra. & Other Revenue by business type ~$15B $6B ~$11B $9.4B ~$3B $1.6B Accelerated 20-25% 2021-24 CAGR Growth Drivers ~$8B ~$9B High RMS Core Businesses $7.8B ~5% 2021-24 CAGR 2018 2021 2024E Accelerated growth drivers & loT Auto radar systems Auto domain and zonal processors Auto electrification systems Secure connected edge solutions UWB secure access solutions RF Power for 5G Infrastructure Please refer to the NXP Historic Financial Model file found on the Financial Information page of the Investor Relations section of our website at www.nxp.com/investor for additional information relative to our Non-GAAP Financial Measures All growth rates are 3-year CAGR based on 2021 actuals through 2024 estimates 1. 2. 1234 3. The sum of the percentages shown may not add to 100% due to rounding 4. NXP Strategy Office#10Accelerating Secular Profitable Revenue Growth.... 1234 $5.5B 2021 $1.4B 2021 Automotive 9-14% CAGR Mobile 8-10% CAGR ~$7.7B ~20% CAGR $2.4B ~6% CAGR 2024E 2021 ~$1.8B $1.8B ~70% CAGR ~4% CAGR 2024E 2021 Industrial & lot 9-14% CAGR Comm. Infrastructure 2-6% CAGR High RMS Core Revenue Accelerated Growth Revenue Drivers Please refer to the NXP Historic Financial Model file found on the Financial Information page of the Investor Relations section of our website at www.nxp.com/investor for additional information relative to our Non-GAAP Financial Measures All growth rates are 3-year CAGR based on 2021 actuals through 2024 estimates The sum of the percentages shown may not add to 100% due to rounding NXP Strategy Office ~$3.3B ~25% CAGR ~5% CAGR 2024E -$2.0B ~15% CAGR 2024E#11NXP End Market Relative Market Share ("RMS") True Leader >1.5x Focused Contender <0.5x '21 Total NXP Leader 1.0 − 1.5x Competitive. 5-1.0x True Leader > 1.5x Focused Contender <0.5x Competiti ve 0.5- 1.0x True Leader >1.5x '21 Automotive '21 Mobile Leader 1.0 - 1.5x (1,2) '21 Industrial & lot True Leader >1.5x Competitive 0.5-1.0x O Focused Contender <0.5x '21 Com. Infra. & Others True Leader > 1.5x Focused Contender O Leader 1.0 - 1.5x 1. 72 2. Leader 1.0 - 1.5x <0.5x Focused Contender <0.5x Source: NXP Semiconductors CMI Group, based on 2021 reported end market revenue and competitive positions Relative Market Share (RMS) is defined as NXP market share as a percentage of the second largest competitor market share in defined serviceable addressable markets ("SAM")#12Diverse End-Customer Base with High Barriers to Entry - Top 20 End-customers <45% of 2021 Revenue >25,000 Total Customers No 10% Customers (1,2) ( ลลลล 222 1 Reflects 2021 sales through all channels 2. Reflects spin out of Vitesco Technologies from Continental AG Automotive < Mobile (*) Comm. Infra.#13Driving Profitable Growth in Excess of Addressable Market) As Reported Revenue Up 6% 3-yr. CAGR ($B) Non-GAAP Gross Profit / Non-GAAP Gross Margin Up 8% 3-yr. CAGR ($B) 56.1% 52.9% 53.5% 51.1% $9.4 $8.9 $8.6 $11.1 $5.0 $4.7 $4.4 $6.2 2018 2019 2020 2021 2018 2019 2020 2021 Non-GAAP Operating Profit / Non-GAAP Operating Margin Up 10% 3-yr. CAGR ($B) 32.9% 28.7% 29.0% 25.9% Non-GAAP Free Cash Flow Down 15% 3-yr. CAGR ($B) $2.0 $2.7 $2.6 $2.2 $3.6 $1.8 $1.9 $2.1 $2.3 2018 2019 2020 2021 2018 2019 2020 2021 1. 2. Please refer to the NXP Historic Financial Model file found on the Financial Information page of the Investor Relations section of our website at www.nxp.com/investor for additional information relative to our Non-GAAP Financial Measures Gross Profit, Gross Margin, Operating Profit, Operating Margin, Free Cash Flow(FCF), are all non-GAAP figures, 3-yr. CAGR reflect the period 2017-2020 3. 2018 Non-GAAP Free Cash Flow reflects the receipt of $2 billion termination fee associated with terminated Qualcomm transaction#14Annual Revenue by End Market ($B) Automotive Up 7% 3-yr. CAGR ($B) (1) Industrial & IoT Up 10% 3-yr. CAGR ($B) 1. $4.5 $4.2 $3.8 $5.5 $1.8 $1.6 $1.8 $2.4 2018 2019 2020 2021 2018 2019 2020 2021 Mobile Up 7% 3-yr. CAGR ($B) Communication Infrastructure & Other Down 1% 3-yr. CAGR ($B) $1.2 $1.2 $1.2 $1.4 $1.8 $1.9 $1.7 $1.7 2018 2019 2020 2021 2018 2019 2020 2021 Please refer to the NXP Historic Financial Model file found on the Financial Information page of the Investor Relations section of our website at www.nxp.com/investor for additional information relative to our Non-GAAP Financial Measures#151. 2. Recent Quarterly Business Trendsz As Reported Revenue ($M) (1,2) Non-GAAP Gross Profit / Non-GAAP Gross Margin 57.3% 57.6% 57.8% 56.5% 56.1% 2,596 2,861 3,039 3,136 3,312 1,456 1,617 1,740 1,807 1,915 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Non-GAAP Operating Profit / Non-GAAP Operating Margin 34.9% 35.7% 36.0% 33.5% 32.0% Non-GAAP Free Cash Flow 830 959 1,060 1,119 1,193 486 724 519 577 551 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Please refer to the NXP Historic Financial Model file found on the Financial Information page of the Investor Relations section of our website at www.nxp.com/investor for additional information relative to our Non-GAAP Financial Measures Gross Profit, Gross Margin, Operating Profit, Operating Margin, Free Cash Flow are all non-GAAP figures.#16Quarterly Revenue by End Market ($M) Automotive 10% Q-Q 36% Y-Y (1) Industrial & IoT 1. $1,262 Q2 21 5% Q-Q 25% Y-Y $1,455 $1,547 $1,557 $1,713 $571 $607 $661 $682 $713 Q3 21 Q4 21 Q1 22 Q2 22 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Mobile Communication Infrastructure & Other (3%) Q-Q 12% Y-Y $347 $345 $374 $401 $388 $416 $454 $457 $496 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q2 21 Q3 21 Q4 21 Q1 22 Please refer to the NXP Historic Financial Model file found on the Financial Information page of the Investor Relations section of our website at www.nxp.com/investor for additional information relative to our Non-GAAP Financial Measures Q-Q 20% Y-Y $498 Q2 22#17Debt Summary at the End of 2Q22 (1,2) Sr. Sr. Sr. Sr. Debt Instrument Notes Notes Sr. Sr. Sr. Sr. Sr. Unsecured Unsecured Unsecured Unsecured Unsecured Unsecured ||Unsecured Unsecured Unsecured Unsecured | |Unsecured Unsecured Unsecured Unsecured | Unsecured Notes Notes Notes Notes Notes Notes Notes Sr. Sr. Sr. Sr. Sr. Sr. Revolving Credit Notes Notes Notes Notes Notes Notes Facility Issue Date Maturity Date Dec-18 Mar-24 Apr-20 May-25 Dec-18 Mar-26 Jun-19 Jun-26 Apr-20 May-22 May-27 Jun-27 Dec-18 Dec-28 Jun-19 Jun-29 Apr-20 May-30 May-21 May-31 Nov-21 Feb-32 May-22 May-21 Jan-33 May-41 Nov-21 Feb-42 Nov-21 Nov-51 Jun-19 Jun-24 Issued Amount (M) $ 1,000 $ 500 $ 500 $ 750 $ 500 $ Book Value (M) $ 997 $ 498 $ 498 $ 747 $ 497 $ 500 $ 497 500 $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 497 $ 993 $ 993 $ 992 $ 596 $ 1,000 $ 1,000 992 $ 988 $ 987 A A $ 500 $ 500 $ 1,500 $ 492 $ 491 $ Coupon 4.875% 2.700% 5.350% 3.875% 3.150% 4.400% 5.550% 4.300% 3.40% 2.50% 2.65% 5.00% 3.25% 3.125% 3.250% Libor +125 bps Rating Moody's Baa3 Baa3 Baa3 Baa3 Baa3 Baa3 Baa3 Baa3 Baa3 Baa3 Baa3 Baa3 Baa3 Baa3 Baa3 NR Standard & Poor's BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB NR Fitch BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB BBB NR Total Leverage Total Debt ($M) $ 11,160 Total Cash ($M) $ 3,545 Net Debt ($M) $ 7,615 TTM Adj. EBITDA $ 4,961 Cost of Debt 3.79% Reported Leverage 1.5X TTM Adj. EBITDA/TTM net Interest 12.7x 1. 2. 2022 2023 $1,000 $750 $500 $500 $500 $500 $500 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $500 $500 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2041 2042 2051 ■'25 Sr. Unsecured Note (2.70%) ■'28 Sr. Unsecured Note (5.55%) ■'33 Sr. Unsecured Note (5.00%) ■'26 Sr. Unsecured Note (5.35%) ■'29 Sr. Unsecured Note (4.30%) ■'41 Sr. Unsecured Note (3.25%) '26 Sr. Unsecured Note (3.875%) ■'30 Sr. Unsecured Note (3.4%) ■'42 Sr. Unsecured Note (3.125%) ■'27 Sr. Unsecured Note (3.15%) ■'31 Sr. Unsecured Note (2.50%) ■'51 Sr. Unsecured Note (3.25%) '24 Sr. Unsecured Note (4.875%) ■'27 Sr. Unsecured Note (4.40%) ■'32 Sr. Unsecured Note (2.65%) Please refer to the NXP Historic Financial Model file found on the Financial Information page of the Investor Relations section of our website at www.nxp.com/investor for additional information relative to our Non-GAAP Financial Measures For the first quarter ended July 3, 2022, Interest expense, net of $100 million is comprised of interest expense of $106 million, less interest income of $6 million. Interest expense, net is a component of Financial income (expense) of $128 million as reported in the NXP Historic Financial Model file found on the Financial Information page. Historical information along with the calculation of TTM Adj. EBITDA/TTM net interest, can be found in the file referenced in footnote 1 on the P&L tab.#18Working Capital Ratios DSO 1. 2. (1,2) DPO 35 31 28 27 27 92 83 87 93 94 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 DIO Cash Conversion Cycle 88 85 83 89 94 31 33 24 23 27 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 DSO = (91.25 × AR) / Revenue DPO = (91.25 x AP) / COGS DIO = (91.25 x Inventory) / COGS Cash Conversion Cycle = DIO +DSO - DPO Working capital ratios exclude the effect of the effect of purchase price accounting amortization effects on GAAP COGS; Please refer to the NXP Historic Financial Model file found on the Financial Information page of the Investor Relations section of our website at www.nxp.com/investor for additional information relative to our Non-GAAP Financial Measures#19Proven, Resilient and Profitable Financial Model 24.4) (1.2,3,4) Financial Metrics Total NXP revenue growth Non-GAAP gross margin Non-GAAP R & D % Analyst Day 2018 Forecast Actual Performance 2018-2021A +5 to 7% 5.6% 53-57% 56.1% 14-16% 16.0% Non-GAAP SG & A % 6-8% 7.2% Non-GAAP operating profit growth 8-14% 10.5% Non-GAAP operating margin 31-34% 32.9% Non-GAAP cumulative free cash flow $7 - $8B $10B 1. Reconciliations of non-GAAP measures to the most comparable measures calculated in accordance with GAAP are provided in the appendix to the presentation 2. 2018-2021 Actual Revenue growth reflects rounding 3. Non-GAAP Free Cash Flow defined as cash flow from operations less net capital expenditures on property, plant and equipment 4. Cumulative non-GAAP free cash flow includes the $2B one-time break up fee associated with failed QCOM acquisition of NXPI received in 2018#20Updated Financial Model- NXP growth Non-GAAP gross margin Non-GAAP R&D Non-GAAP SG&A Non-GAAP operating margin Non-GAAP cash taxes Non-controlling interest Net capex Stock based compensation Non-GAAP free-cash flow DSO DPO DIO Analyst Day 2021 2021-2024 CAGR +8 to 12% 55 to 58% -16% ~7% 32 to 36% ‘22:~15%; ’23; ~18%; '24; ~18% $35M to $45M 6 to 8% '22: $380M; '23: $410M; '24: $440M Target 25% of revenue ~30 Days ~75 Days -95 Days 123 Please refer to the NXP Historic Financial Model file found on the Financial Information page of the Investor Relations section of our website at www.nxp.com/investor for additional information relative to our Non-GAAP Financial Measures Growth rates are compound annual growth rates from 2021 through 2024E; individual annual growth rates will vary across the horizon All percentages are as a percent of revenue, and assume an annual value, quarter to quarter values will vary#21Guidance for the Third Quarter of 2022 (1,2,3,4,5,6) GAAP Reconciliation Non-GAAP Low Mid High Low Mid High Total Revenue 3,350 3.425 3,500 3,350 3,425 3,500 Q-Q 1% 3% 6% 1% 3% 6% Y-Y 17% 20% 22% 17% 20% 22% Gross Profit 1,886 1,943 2,004 (35) 1,921 1,978 2,039 Gross Margin 56.3% 56.7% 57.3% 57.3% 57.8% 58.3% Operating Income (loss) 938 Operating Margin 28.0% 985 28.8% 1,036 29.6% (250.0) 1,188 35.5% 1,235 1,286 36.1% 36.7% Financial income (expense) (98) (98) (98) (3) (95) (95) (95) 1. 2. GAAP Gross Profit is expected to include Purchase Price Accounting ("PPA") effects, $(15) million; Stock Based Compensation, $(12) million; Other Incidentals, $(8) million; GAAP Operating Income (loss) is expected to include PPA effects, $(148) million; Stock Based Compensation, $(90) million; Restructuring and Other Incidentals, $(24) million; 3. GAAP Financial Income (expense) is expected to include Other financial expense $(3) million; 123456 4. 5. Net cash paid for income taxes related to on-going operations is expected to be approximately $(160) million; Non-controlling interest is expected to be approximately $(13) million; 6. Weighted average diluted share count is expected to be approximately 265 million. NXP has based the guidance included in this release on judgments and estimates that management believes are reasonable given its assessment of historical trends and other information reasonably available as of the date of this release. Please note, the guidance included in this release consists of predictions only and is subject to a wide range of known and unknown risks and uncertainties, many of which are beyond NXP's control. The guidance included in this release should not be regarded as representations by NXP that the estimated results will be achieved. Actual results may vary materially from the guidance we provide today. In relation to the use of non-GAAP financial information see the note regarding "Non-GAAP Financial Measures". For the factors, risks, and uncertainties to which judgments, estimates and forward-looking statements generally are subject see the note regarding "Forward-looking Statements." We undertake no obligation to publicly update or revise any forward-looking statements, including the guidance set forth herein, to reflect future events or circumstances.#22Annual Financial Reconciliation (GAAP to non-GAAP) ($ in millions, unless otherwise stated) 2018 2019 2020 2021 Total Revenue GAAP Gross Profit Gross profit adjustments Non-GAAP Gross Profit GAAP Gross Margin Non-GAAP Gross Margin 9,407 8,877 8,612 11,063 4,851 4,618 4,235 6,067 (129) (131) (165) (138) 4,980 4,749 4,400 6,205 51.6% 52.0% 49.2% 54.8% 52.9% 53.5% 51.1% 56.1% GAAP Operating income (loss) 2,710 641 418 2,583 Operating income adjustments 11 (1,932) (1,810) (1,058) Non-GAAP Operating income (loss) 2,699 2,573 2,228 3,641 GAAP Operating Margin 28.8% 7.2% 4.9% 23.3% Non-GAAP Operating Margin 28.7% 29.0% 25.9% 32.9% GAAP Financial income (expense) Financial income adjustments Non-GAAP Financial income (expense) (335) (350) (417) (403) (159) (85) (60) (38) (176) (265) (357) (365) 1. Please refer to the NXP Historic Financial Model file found on the Financial Information page of the Investor Relations section of our website at www.nxp.com/investor for additional information relative to our Non-GAAP Financial Measures (1)#23Annual Cash Flow Overview ($M) ($ in millions, unless otherwise stated) 2018 2019 2020 2021 Net cash provided by (used for) operating activities Net cash provided by (used for) investing activities Net cash provided by (used for) financing activities Effects of changes in exchange rates on cash position Increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of the period Cash and cash equivalents at end of period 4,369 2,373 2,482 3,077 (522) (2,284) (418) (934) (4,597) (1,831) (835) (1,585) (8) (2) 1 (3) (758) (1,744) 1,230 555 3,547 2,789 1,045 2,275 2,789 1,045 2,275 2,830 Net cash provided by (used for) operating activities 4,369 2,373 2,482 3,077 Net capital expenditures on property, plant and equipment (610) (503) (388) (766) Non-GAAP free cash flow 3,759 1,870 2,094 2,311 Trailing 12-month Non-GAAP free cash flow as a percentage of Revenue 40% 21% 24% 21% 1. Please refer to the NXP Historic Financial Model file found on the Financial Information page of the Investor Relations section of our website at www.nxp.com/investor for additional information relative to our Non-GAAP Financial Measures#24Annual Adjusted EBITDA ($M) ($ in millions, unless otherwise stated) Net income (loss) 2018 2019 2020 2021 2,258 272 80 1,906 Reconciling items to adjusted net income Financial (income) expense 335 350 417 403 (Benefit) provision for income taxes 176 20 (83) 272 Depreciation 478 518 547 551 Amortization 1,509 1,529 1,441 711 Adjusted net income 4,756 2,689 2,402 3,843 Reconciling items to adjusted EBITDA Results of equity-accounted investees (59) (1) 4 2 Purchase accounting effect on inventory 8 17 Restructuring 6 28 78 1 Stock-based compensation 314 346 384 353 Merger-related costs (1,848) 33 8 Other incidental items Trailing 12-month Adjusted EBITDA (18) (3) (101) 33 3,151 3,100 2,792 4,232 1) Excluding amortization related to other incidental items 8 1. Please refer to the NXP Historic Financial Model file found on the Financial Information page of the Investor Relations section of our website at www.nxp.com/investor for additional information relative to our Non-GAAP Financial Measures#25Quarterly Financial Reconciliation (GAAP to non-GAAP) Q2 Q3 Q4 Q1 Q2 ($ in millions, unless otherwise stated) Other Information for Q2 2022: 2021 2021 2021 2022 2022 • Total Revenue GAAP Gross Profit Gross profit adjustments Non-GAAP Gross Profit GAAP Gross Margin Non-GAAP Gross Margin 2,596 2,861 3,039 3,136 3,312 1,422 1,583 1,707 1,777 1,882 (34) (34) (33) (30) (33) 1,456 1,617 1,740 1,807 1,915 • 54.8% 55.3% 56.2% 56.7% 56.8% 56.1% 56.5% 57.3% 57.6% 57.8% GAAP Operating income (loss) 573 711 807 873 943 • PPA effects: ($149M) Restructuring: $4M Stock-based compensation: ($89M) Other incidentals: ($16M) Foreign exchange loss: ($2M) Gain (loss) on extinguishment of debt ($18M) Other financial expense: ($11M) Operating income adjustments (257) (248) (253) (246) (250) Non-GAAP Operating income (loss) 830 959 1,060 1,119 1,193 GAAP Operating Margin 22.1% 24.9% 26.6% 27.8% 28.5% Non-GAAP Operating Margin 32.0% 33.5% 34.9% 35.7% 36.0% GAAP Financial income (expense) (100) (93) (123) (105) (128) Financial income adjustments Non-GAAP Financial income (expense) (9) 1 (30) (2) (31) (91) (94) (93) (103) (97) 1. Please refer to the NXP Historic Financial Model file found on the Financial Information page of the Investor Relations section of our website at www.nxp.com/investor for additional information relative to our Non-GAAP Financial Measures#26Quarterly Cash Flow Overview ($M) (1) Q2 Q3 Q4 Q1 Q2 ($ in millions, unless otherwise stated) Net cash provided by (used for) operating activities Net cash provided by (used for) investing activities Net cash provided by (used for) financing activities 2021 2021 2021 2022 2022 636 924 785 856 819 (189) (248) (316) (329) (288) 619 (1,280) 55 (674) 342 Effects of changes in exchange rates on cash position Increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of the period Cash and cash equivalents at end of period 2 (3) 3 (11) 1,068 (607) 527 (147) 862 1,842 2,910 2,303 2,910 2,303 2,830 2,830 2,683 2,683 3,545 Net cash provided by (used for) operating activities 636 924 785 856 819 Net capital expenditures on property, plant and equipment (150) (200) (266) (279) (268) Non-GAAP free cash flow 486 724 519 577 551 Trailing 12-month Non-GAAP free cash flow 2,453 2,718 2,311 2,306 2,371 Trailing 12-month Non-GAAP free cash flow as a percentage of Revenue 25% 26% 21% 20% 19% 1. Please refer to the NXP Historic Financial Model file found on the Financial Information page of the Investor Relations section of our website at www.nxp.com/investor for additional information relative to our Non-GAAP Financial Measures#27Quarterly Adjusted EBITDA ($M) (1) ($ in millions, unless otherwise stated) Net income (loss) Q2 Q3 Q4 Q1 Q2 2021 2021 2021 2022 2022 406 526 610 666 683 Reconciling items to adjusted net income Financial (income) expense 100 93 123 105 128 (Benefit) provision for income taxes 65 95 72 114 129 Depreciation 135 139 145 142 149 Amortization 170 167 165 168 168 Adjusted net income 876 1,020 1,115 1,195 1,257 Reconciling items to adjusted EBITDA Results of equity-accounted investees 2 (3) 2 (12) 3 Restructuring 1 (1) (4) Stock-based compensation 93 81 88 89 89 Other incidental items 4 8 10 8 16 Adjusted EBITDA 976 1,106 1,215 1,279 1,361 Trailing 12-month Adjusted EBITDA 3,546 3,924 4,232 4,576 4,961 1. Please refer to the NXP Historic Financial Model file found on the Financial Information page of the Investor Relations section of our website at www.nxp.com/investor for additional information relative to our Non-GAAP Financial Measures#28NXP Investment Thesis $ $ Market leader with strong revenue growth Proven financial model with resilient profitability Reliable capital return policy of robust free cash flow#29NX- SECURE CONNECTIONS FOR A SMARTER WORLD PUBLIC 28 NXP