GlobalFoundries Results Presentation Deck slide image

GlobalFoundries Results Presentation Deck

Growing Quarterly Revenue ($ in millions) ¹ 1,318 Q2'20 1,091 Q3'20 1,062 Q4'20 1,418 Q1'21 1,620 GlobalFoundries © 2021 All Rights Reserved Q2'21 1,700 Q3'21 Note: 1. In 2020, the majority of our customer contractual terms were amended in a manner that resulted in moving from recognizing wafer revenue on a Percentage-of-Completion basis to recognizing revenue on a Wafer Shipment basis. This resulted in a one-time, non-recurring reduction in net revenues recognized in 2020. Had the change in terms not occurred, net revenues for the periods ended September 30, 2020 and December 31, 2020 would have been an estimated $309 million and $501 million higher than reported results, respectively. +5% Q/Q GlobalFoundries™
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