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Investor Presentaiton

45 IN LAST 5 YEARS, WE HAVE RETURNED Dividend payout to increase to 25%+ by FY25* $4.60 $3.4B $3.00 in dividend payments $4.7B in share repurchases 21% 16% FY25 financial outlook 46 46 FY22 FY23 FY24 FY25 Target payout ratio: 25%+* 6/28/22 *Non-GAAP financial measure; see appendix for more information; dividend payout ratio calculated on previous year adj. net income CONSOLIDATED ADJUSTED REVENUE $105B-$110B OP. MARGIN* 10% $94B FY22 FY25 ROIC⭑ 11.5%+ 9.7% CAPEX (% of revenue) <6.5% 7.2% FY22 FY25 FY22 FY25 7.3% FY22 FY25 DIVIDEND PAYOUT* 16% FY22 +25%+ FY25 *Non-GAAP financial measure; see appendix for more information; dividend payout ratio calculated on previous year adj. EPS 23

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