AMD Results Presentation Deck

APPENDICES Reconciliation of GAAP to Non-GAAP Net Income / Earnings Per Share (Millions, except per share data) Q3'20 GAAP net income / earnings per share Loss on debt redemption/conversion (Gains) losses on equity investments, net Non-cash interest expense related to convertible debt Stock-based compensation Equity income in investee Acquisition-related costs Release of valuation allowance on deferred tax assets Impairment of investment Income tax provision (benefit) Non-GAAP net income / earnings per share Shares used and net income adjustment in earnings per share calculation Shares used in per share calculation (GAAP) (1) Interest expense add back to GAAP net income (1) Shares used in per share calculation (Non-GAAP) Interest expense add back to Non-GAAP net income Q4'19 Q1'20 Q2'20 Q4'20 Q1'21 $ 170 $ 0.15 $ 162 $ 0.14 $157 $ 0.13 $ 390 $0.32 $ 1,781 $ 1.45 $ 555 $ 0.45 128 0.10 38 0.03 0.01 6 0.01 T 4 57 23 THIRD QUARTER 2021 FINANCIAL RESULTS | OCTOBER 26, 2021 T I - T — T 0.05 - T T - - 1,188 $ 4 1,216 $2 2 59 — - T - 24 0.02 (1) I - I 0.04 I T I - I T 1,224 $ 4 1,224 $2 I 2 (1) I I T 60 0.05 I I I T - 1,227 $ 3 1,227 $ 1 2 76 0.06 (1) T T T I (4) T T T I I (2) 50 0.05 $ 383 $0.32 $ 222 $ 0.18 $ 216 $ 0.18 $ 501 $ 0.41 $ 636 $ 0.52 16 1,215 $1 1,230 $ 1 T I - I 79 0.06 I (3) 14 0.01 (1,301) (1.06) 1,226 $ - 1,232 $ I I T I I 85 0.07 (2) 15 0.01 I 8 0.01 (25)| (0.03) $ 642 $ 0.52 1,231 $ - 1,233 $ Q2'21 $710 $ 0.58 1 - I - - 83 0.06 (2) 10 - - I 0.01 I — 1,232 Q3'21 1,232 $ $923 $0.75 (60)| (0.05) — 99 0.08 (2) 8 - I 0.01 I (24) (0.02) (75) (0.06) $778 $0.63 $ 893 $0.73 I 1,230 $ 1,230 $ - (1) Q4'19, Q1'20 and Q2'20 GAAP diluted EPS calculation includes 31 million shares related to the assumed conversion of the Company's 2026 Convertible Notes and the associated $4 million, $4 million and $3 million interest expense, respectively, add-back to net income under the "if converted" method. The 53 million shares (28 million weighted-average) issued in exchange for $428 million of convertible debt in Q4'19 were not included as their inclusion would have been anti-dilutive. Q3'20 and Q4'20 GAAP diluted EPS calculation includes 11 million and 3 million shares, respectively, related to the assumed conversion of the Company's 2026 Convertible Notes and the associated $1 million and $0 million interest expense, respectively, add-back to net income under the "if converted" method. The 20 million (15 million weighted-average), 8 million shares (6 million weighted-average) and 3 million shares (2 million weighted-average) issued in exchange for $165 million, $60 million and $24 million of convertible debt in Q3'20, Q4'20 and Q1'21, respectively, were not included as their inclusion would have been anti- dilutive. AMD

View entire presentation