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Investor Presentaiton

12 Semi Industry Sales Y/Y Growth Rates Improving Efficiency Through Cycles 35% 30% 25% 20% 36.1% 15% 10% 5% 0% -5% -10% -15% 50% MCHP LT Non-GAAP Operating Margin Target* 46.9% 45% 43.6% 40% 35.9% 39.6% 38.7% 35% 32.3% 36.2% 34.9% 30.2% 30.3% 28.6% 31.8% 31.0% 37.1% 32.4% 31.6% 30% 25% 20% 15% 10% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 -Semi Sales Y/Y % Chg. ―MCHP NG Operating Margin *Long-term target range 44% to 46% - MCHP's non-GAAP operating margin % is based on fiscal year ending March 31. Non-GAAP operating margin for 2023, represents actual results for the first 3 quarters + midpoint of Q4FY24 guidance - Semi sales Y/Y growth is sourced from SIA MICROCHIP Microchip NG Operating Margin %
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