KLA Investor Day Presentation Deck
Disciplined and Strategic Approach to M&A
Sustainable operating leverage
and differentiation
Leverages
KLA Operating Model
Broaden portfolio in
complementary areas
Recurring revenue opportunities
103 KLA Non-Confidential | Unrestricted
Scale, Synergies
Alignment
Profitability
Attractive
Markets
KLA+
STRATEGIC
FILTERS
Diversification
Leadership
Market
Intellectual
Property
Growth and differentiation
Aligned with KLA growth strategy
High utilization and long useful life
systems
#1 in key markets
Proprietary technology
Complementary IP position to drive
new product opportunities
Product complexity
Complex systems integration
FINANCIAL CRITERIA
ā Long run risk adjusted
net income return >
share repurchase
alternative
IRR > cost of equity
Earnings accretion within
first 6-12 months
Sustainable cost
synergies that exceed
control premium
Long run ability to drive
corporate level operating
leverage on incremental
revenue growth
KLA+View entire presentation