2020 Annual Meeting of Shareholders

Focus on operational excellence, execution continues ▪ Leadership driving continuous improvement in key operations, execution areas ▪ Progress on late-stage development programs, new product introductions to continue in Q4, FY24 ▪ Efforts continue to further enhance program margins, unbilled, cash flow ▪ Phase 1 Torrance business integration complete; improve visibility to inventory, programs, unbilled ▪ Q3 progress on income statement, still work to do on balance sheet and cash flow ▪ 1MPACT progress, execution will lead to further margin expansion, cash flow improvement 5 Ⓒ Mercury Systems, Inc. Does not contain Technical Data. //Mercury Proprietary/No Tech Data// mercury

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