Investor Presentaiton

11 Semi Industry Sales Y/Y Growth Rates Resilient Profitability Through Cycles 35% 30% 25% MCHP LT Non-GAAP Gross Margin Target* 70% - 68% 67.8% 66% 65.8% 20% 64% 62.0% 62.8% 15% 62% 60.4% 60.9% 60.1% 58.8% 61.1% 61.9% 10% 60% 58.1% 57.4% 5% 57.9% 58.8% 58% 58.2% 57.2% 57.6% 0% -5% -10% -15% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 56% 54% 52% 50% -Semi Sales Y/Y % Chg. MCHP NG Gross Margin *Long-term target range 67.5% to 68.5% - MCHP's non-GAAP gross margin % is based on fiscal year ending March 31. Non-GAAP gross margin for 2023, represents actual results for the first 3 quarters + midpoint of Q4FY24 guidance - Semi sales Y/Y growth is sourced from SIA Microchip NG Gross Margin % MICROCHIP

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