Synopsys.aiTM: Industry's First Full-Stack, Al-Driven EDA Suite

Synopsys: The Market & Technology Leader FY23 FY24 Targets 1, 2 Semiconductor Intellectual Broad Product Portfolio Electronic Design Automation (EDA) Property (IP) Software Security and Quality Revenue: $5.84B $6.57B $6.63B Growth Rate: 15.0% 12.4-13.5% Non-GAAP Operating Margin: 35.1% ~37.0%* *Midpoint of range Non-GAAP Diluted EPS: $11.19 $13.33-$13.41 Growth Rate: 25.7% 19.1-19.8% Operating Cash Flow: $1.70B ~$1.4B Business Model: Time-based, recurring revenue model; Non-cancellable backlog. 1 These targets are being provided by Synopsys as of November 29, 2023. 2 Assumes no further changes to export control restrictions or the current U.S. government "Entity List" restrictions. Synopsys © 2023 Synopsys, Inc. 3

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