Micron Investor Day 2022

☐ Non-GAAP Reconciliations Amounts in millions Net cash provided by operating activities Expenditures for property, plant, and equipment Proceeds from sales of property, plant, and equipment Payments on equipment purchase contracts Amounts funded by partners Other free cash flows Investments in capital expenditures, net Adjusted free cash flow Adjusted free cash flow – 4-year moving average Amounts in millions Net cash provided by operating activities Expenditures for property, plant, and equipment Proceeds from sales of property, plant, and equipment Payments on equipment purchase contracts Amounts funded by partners Investments in capital expenditures, net Adjusted free cash flow Adjusted free cash flow - 4-year moving average FY-17 $ 8,153 (4,734) 93 (519) FY-18 FY-19 SA $ 17,400 $ 13,189 (8,879) (9,780) 208 146 (206) (75) 13 895 754 361 (4,786) (7,982) (8,955) SASA $ 3,367 $ 1,212 SS $ 9,418 $ 2,888 SAS $ 4,234 $ 3,609 89 FY-20 SA 8,306 SA FY-21 12,468 (8,223) 69 (63) (10,030) 108 (295) 272 502 (7,945) (9,715) SS $ 361 $ 2,753 $ 4,345 $ 4,192 Micron

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