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 Investments in capital expenditures, net Adjusted free cash flow 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 SEA SA 2H-18 FY-19 FY-20 9,416 13,189 $ 8,306 (4,662) (9,780) 104 146 (53) (75) 551 (4,060) 754 5,356 SA (8,955) 4,234 (8,223) 69 (63) 272 (7,945) SA $ 361 SA $ FY-21 1H-22 12,468 $ 7,566 (10,030) (5,876) 90 108 48 (295) (105) 502 66 (9,715) (5,867) SA $ 2,753 $ 1,699 3,601 Micron

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