KLA Investor Day Presentation Deck slide image

KLA Investor Day Presentation Deck

Investment Grade Balance Sheet Supports Capital Structure Balance Sheet Summary ¹ ($B) $2.6 $1.0 $3.8 $12.0 $3.7 $4.1 Total Cash² Revolver¹ Working Capital Total Assets Debt³ Total Shareholders' Equity Leverage Ratio4 Debt Ratings Moody's S&P Fitch 1.0x A2 BBB+ A- Target $2.5B - $3B $1.5B 1.5 - 2.0x Today's Capital Structure Announcements Share Repurchases ▪ $6B Share Repurchase Authorization $3B Accelerated Share Repurchase (ASR) over next 3 - 6 months* ▪ $3B Share Repurchase to be completed over following 12-18 months* *subject to market conditions ■ Dividend ▪ 24% increase in quarterly dividend level to $1.30 from $1.05 New Debt Net New Debt plan of ~$3B with floating / prepayable flexibility ■ Gross leverage ratio in-line with public target range Optimizing capital structure to augment shareholder returns 1 As of 3/31/22, Revolver was increased to $1.5B on 6/8/22 | 2 Total Cash includes Cash, Cash Equivalents and Marketable Securities | ³ Includes $275M in revolving credit facility drawings less $25M in un-amortized debt issuance discounts and costs | 4 Leverage Ratio = Total debt/Adjusted Consolidated EBITDA (trailing four quarters) KLAH Investor Day 123
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