Market-Defining and Diversified Innovations Driving Value Creation

Driving Continued Margin Improvement Favorable Mix Shift Expanding R&D Mix¹ EXPANDING 54% 34% 12% R&D Manufacturing Operations EXPANDING Growing Software and Services¹ Increasing Recurring Revenue¹ 12% 67% 21% Hardware Software Services EXPANDING 21% 79% Non-recurring Recurring Strategy Impact ☑ First-to-market ☑ Solution differentiation monetization ☑ Execution ✓ productivity Drive salesforce ☑ Leverage scalable low-cost infrastructure ☑ ✔ KEYSIGHT 1. As of FY22 Culture of continuous improvement Selective vertical integration Supply chain management HE 94

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