KLA Investor Day Presentation Deck

■ ■ I ■ Strong Financial Performance 59% GROSS MARGIN¹ 63% 63% 64% 2015 2016 2017 2018 60% 2019E3 GM% ranked among leaders in Semi industry Disciplines returns based pricing Global footprint and supply chain to optimize for cost Leverage service offerings to drive efficiencies 94 KLA Non-Confidential | Unrestricted ■ ■ OPERATING MARGIN¹ ■ 29% 37% 38% 40% Superior margin profile vs. peer group5 ■ Drive critical investments in new inflection opportunities 32% 2015 2016 2017 2018 2019E3 Actively manage portfolio to optimize competitive position Cost discipline drives operating leverage ■ ■ $3.58 ■ 2015 DILUTED EPS¹ $5.60 $7.03 $9.14 2016 2017 2018 $8.13 2019E3 Growing accretive recurring revenue ▪ Prudent capital structure Operating model focus while investing for long run Long-term secular earnings growth accelerated by acquisitions and buybacks I ■ 19% 26% ROIC² revenue 29% 2015 2016 2017 2018 39% 28% Design strategy to meet differentiation requirements and protect recurring TTM 4 Note: Calendar year figures;¹ Non-GAAP measure, please see Appendix for reconciliation. 2 ROIC = TTM Non-GAAP operating profit after tax / Average invested capital; Invested Capital = Total Debt + Total Shareholder Equity. 3 Based on consensus estimates as of 9/12/19.4 TTM as of 6'30'19. 5 Peers include: ASML, AMAT and LRCX. Leverage balance sheet to maintain flexibility to meet customer commitments Opportunity to improve cash conversion of acquired businesses KLA+

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