Capital Deployment and M&A Highlights

Strong Free Cash Flow Generation Prudent & Efficient Capital Deployment Strategy since IPO $234 Total Sources of Capital $28 $25 $218 $54 $139 $92 $68 Total Uses of Capital $75 $465 ($ in millions) ■Beginning cash (1) ■ IPO proceeds ■Debt proceeds (2) ■Cash flow from operations (3) ■Proceeds from 2020 equity raise ■Employee option exercises (4) ■ M&A ■Stock buybacks ■ Capex ■Cash on hand (5) (1) Pre-IPO cash balance as of Sept. 23, 2016 (2) Total increase in debt between Sept. 23, 2016 and Dec. 31, 2021, less issuance & modification costs (3) Total cash flow from operations between Q4 2016 and Q4 2021 (4) Net of employees' taxes paid by the company upon vesting of RSUs (5) Cash as of Dec. 31, 2021 ichor Proprietary 14

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