Driving Our Transformation

Reconciliation of Non-GAAP Actuals Three Months Ended Dec 30, 2023 Dec 31, 2022 GAAP gross margin percentage Acquisition-related adjustments Share-based compensation Optane inventory impairment 45.7% 39.2% 1.9% 2.3% 1.1% 1.1% --% 1.2% Non-GAAP gross margin percentage 48.8% 43.8% GAAP earnings (loss) per share attributable to Intel-diluted $0.63 $(0.16) Acquisition-related adjustments 0.08 0.09 Share-based compensation 0.18 0.18 Optane inventory impairment 0.04 Restructuring and other charges (0.27) 0.11 (Gains) losses on equity investments, net (0.02) (0.04) (Gains) losses from divestiture (0.01) (0.01) Adjustments attributable to non-controlling interest Income tax effects¹ (0.05) (0.06) Non-GAAP earnings per share attributable to Intel-diluted $0.54 $0.15 1 Contemplates a fixed long-term projected non-GAAP tax rate intel. 13

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