KLA Investor Day Presentation Deck

Consistent and Disciplined Capital Allocation Priorities 2019-2021 12% 7% 22% $14B 4% 22% 19% 14% Capex (PP&E) Acquisitions¹ SG&A R&D ¹ Acquisitions includes $1.3B equity issued for Orbotech share exchange 2 Working Capital = Current Assets - Current Liabilities Change in Working Capital² 41% 2022E-2026E 12% ~$38-$40B Dividends 7% Share Repurchases 4% 4% 19% 13% Primary Capital Priorities Fund significant R&D investments for innovation ■ ■ ■ I Invest in working capital to support customers and enable business model Secondary Capital Priorities Capital returns (with long term goal to return >85% of FCF to shareholders) Annual dividend raises Share repurchases De-levering (when necessary) ■ Enable inorganic strategic growth opportunities Capex to support scaling and growth - Strategic capital allocation to support growth initiatives KLAH Investor Day 125

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