Fourth Quarter and Fiscal Year 2023 Financial Results

5 Initial Impressions ▪ Mercury's strategy is sound. We are a National Asset in the defense industrial base, well- positioned to benefit from strong secular growth in the market. ▪ Inorganic growth into strategically attractive areas outpaced maturity of processes and management systems leading to forecasting and execution challenges; maturation is underway. Majority of business is performing well and predictably; profitable core business obscured by atypical program mix and temporary, resolvable program cost challenges. Ⓒ Mercury Systems, Inc. Does not contain Technical Data. //Mercury Proprietary/No Tech Data// mercury

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