Capital Allocation and Fiscal Year 2023 Targets

Billions Track Record of Growth and Resilience $3.5 $3.0 $2.5 50% $450 $400 40% $350 $300 30% $2.0 $250 $1.5 $1.0 $0.5 $0.0 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 MSC Revenue Opex % of Revenue Gross Margin Operating Income Operating Margin 20% Millions $200 $150 $100 10% $50 0% $0 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Operating Cash Flow CapEx 14

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