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Creating Two Independent Public Companies

9 © 2023 WESTERN DIGITAL CORPORATION OR ITS AFFILIATES ALL RIGHTS RESERVED HDD Formula for Success Creating a market-leading HDD data storage company with an ability to generate consistent cash flow ก Customer Centricity 2 Innovation Driven Capacity Leadership Operational Excellence Cash Generation & Return Integral Component of Data Center Architectures ■ Key Part of our End Customer's Value Proposition ■Interest in Differentiated Solutions ■ ePMR ■ OptiNAND ■UltraSMR ■ HAMR ■Roadmap of High-Volume Mass-Market HDDs ■ Platform Commonality Supply Chain Leverage ■ Automation & Analytics ■ Vertical Integration ■ ROIC-Centric Decisions Profitable Share Gains ■ Predictable Cash Generation ■ Opportunity for deleveraging Western Digital. HDD Flash
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