Creating Two Independent Public Companies slide image

Creating Two Independent Public Companies

12 © 2023 WESTERN DIGITAL CORPORATION OR ITS AFFILIATES ALL RIGHTS RESERVED Flash Go-Forward Strategy Creating a public pure-play industry leader, built with a deep, long-standing and highly successful Joint Venture 000 NAND Cost Leadership Portfolio Mix Improved Through Cycle Model Operational Improvements ■Industry Leading Capital Efficiency ■Producing Lowest Cost Bit ■Mid-Teens Annual Cost Reduction Target ■Maximizing Use Of All Bits Produced ■Investing for Leading Product Line Up ■Mix Up In Segments ■Mix Across Segments ■ Improved Predictability via LTA's ■ Improved Through Cycle Profitability ROIC-Centric Decisions ■Leading Industry with Bonded Architecture Leading SSD Provider with Scale and Platform Consolidation ■Excellent Inventory Management WWestern Digital. HDD Flash
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