Investor Presentaiton

9 PHOTRONICS, INC. FPD Product Line SM Q423 Q/Q Y/Y High-End* 53.3 7% 23% Mainstream 9.7 (13%) (9%) Total 63.0 3% 17% Q423 Revenue by Technology ■High-End* 85% High-end grew on strong mobile display led by AMOLED demand Mainstream output lowered as more production dedicated to meet strong high-end demand Outlook • Technology development drives demand for higher-value masks • Mobile demand is expected to remain strong with rollout of new designs and emerging panel makers winning market share *G10.5, AMOLED and LTPS Totals may differ due to rounding ■Mainstream 15%

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