GlobalFoundries Results Presentation Deck slide image

GlobalFoundries Results Presentation Deck

Quarterly Revenue Trend (Unaudited, $ in millions)¹ 1,091 Q3'20 1,062 Q4'20 1,418 Q1'21 1,620 Q2'21 1,700 GlobalFoundries © 2022 All Rights Reserved Q3'21 1,847 Q4'21 Note: 1. In 2020, the majority of our customer contractual terms were amended in a manner that resulted in moving from recognizing wafer revenue on a Percentage-of-Completion basis to recognizing revenue on a Wafer Shipment basis. This resulted in a one-time, non-recurring reduction in net revenues recognized in 2020. Had the change in terms not occurred, net revenues for the quarters ended September 30, 2020 and December 31, 2020 would have been an estimated $309 million and $501 million higher than reported results, respectively. +9% Q/Q GlobalFoundries™ 7
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