Investor Presentaiton
Forward-Looking Statements
This presentation contains forward-looking statements, including, but not limited to, statements regarding Synopsys' short-term and long-term financial targets,
expectations and objectives; strategies related to our products, technology and services; business and market outlook, opportunities and strategies; the expected
impact of U.S. and foreign government actions and regulatory changes, including export control restrictions, on our financial results; the potential impact of the
macroeconomic environment on our financial results; customer demand and market expansion; our planned product releases and capabilities; industry growth
rates; software trends; planned acquisitions and stock repurchases; our expected tax rate; and the impact and result of pending legal, administrative and tax
proceedings. These statements involve risks, uncertainties and other factors that could cause our actual results, time frames or achievements to differ materially
from those expressed or implied in such forward-looking statements. Such risks, uncertainties and factors include, but are not limited to: macroeconomic
conditions and uncertainty in the global economy; uncertainty in the growth of the semiconductor and electronics industries; the highly competitive industry we
operate in; actions by the U.S. or foreign governments, such as the imposition of additional export restrictions or tariffs; consolidation among our customers and
our dependence on a relatively small number of large customers; risks and compliance obligations relating to the global nature of our operations; and more.
Additional information on potential risks, uncertainties and other factors that could affect Synopsys' results is included in filings we make with the SEC from time
to time, including in the sections entitled "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended October 31, 2022 and in our latest Quarterly
Report on Form 10-Q. The financial information contained in this presentation should be read in conjunction with the consolidated financial statements and notes
thereto included in Synopsys' most recent reports on Forms 10-K and 10-Q, each as may be amended from time to time. Synopsys' financial results for its
second quarter of fiscal year 2023 are not necessarily indicative of Synopsys' operating results for any future periods. The information provided herein is as of
May 17, 2023. Synopsys undertakes no duty to, and does not intend to, update any forward-looking statement, whether as a result of new information, future
events or otherwise, unless required by law.
synopsys®
Regulation G
In addition to financial results prepared in accordance with Generally Accepted Accounting Principles, or GAAP, this presentation also contains certain non-
GAAP financial measures. When possible, Synopsys provides a reconciliation of non-GAAP financial measures to their most closely applicable GAAP financial
measures. Reconciliations of certain of the non-GAAP financial measures (either contained in this presentation or given verbally) to their most comparable GAAP
measures are included in the table at the end of this presentation, along with the second quarter of fiscal year 2023 earnings release and financial supplement,
dated May 17, 2023, and available on Synopsys' website at https://investor.synopsys.com/news/default.aspx. Synopsys is unable to provide a reconciliation of
certain non-GAAP guidance measures to the corresponding GAAP measures on a forward-looking basis because doing so would not be possible without
unreasonable effort due to, among other things, the potential variability and limited visibility of the excluded items. For the same reasons, Synopsys is unable to
address the probable significance of the unavailable information.
© 2023 Synopsys, Inc.
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