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

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

Cash Flow & Capital Allocation Operating Cash Flow (M) $991 $801 $1,739 $1,703 $1,493 ~ $1,400 FY19 FY20 FY21 FY22 FY23 FY24E* • Roughly tracks EBITDA less cash taxes on multi year basis • • It is important to consider multi-year averages, as operating cash flow is inherently lumpy * FY24E reflects guidance provided as of November 29, 2023 synopsys® Stock Repurchases (M) $329 $242 FY19 FY20 $788 $1,206 $1,100 FY21 FY22 FY23 Repurchased ~$3.7B in stock since 2019 Capital allocation priorities: - Internal investments - Buybacks and acquisitions © 2023 Synopsys, Inc. 25
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