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 FY-11 FY-12 SA $ 2,482 $ 2,115 (2,550) 127 (322) 14 (2,731) $ (249) FY-14 5,698 (3,107) 43 (30) 108 (2,986) SS $ 2,712 $ SA 844 SA $ (1,871) 67 203 (1,601) FY-15 514 5,209 (4,021) SA $ SA SA FY-13 1,811 (1,442) 28 (16) 16 (1,414) 397 FY-16 3,169 (5,817) 36 37 (95) (46) 220 75 (3,860) (5,751) 1,349 $ (2,582) 1,243 $ 469 Micron 88

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