Micron Investor Day 2022

Margin outperformance on strong execution Technology, product, and manufacturing execution underpin relative margin improvement 4% GM%: Micron vs industry average* (DRAM + NAND 4-year rolling average) 2% 0% -2% GM % delta -4% Micron minus industry average* -6% -6% -2% 2% 0% -8% -10% -12% -11% -13% -14% CY16 CY17 CY18 CY19 CY20 CY21 GM%: Non-GAAP Gross Margin % *Industry average excludes Micron 76 Micron

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