KLA Investor Day Presentation Deck
Maintaining Financial Rigor as We Execute Our Strategy
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WHAT REMAINS THE SAME?
Continued Focus
▪ R&D spend to maintain technological leadership and
add value to the markets we serve
▪ Management by metrics focused on market leadership,
productivity, talent and cash flow generation
▪ 40%-50% incremental operating margin
▪ Cash fuels high return investments, strategic M&A with
market leaders, dividends and buybacks (balanced
approach with ~70% combined target payout)
▪ Disciplined capital structure management
92 KLA Non-Confidential | Unrestricted
WHAT IS CHANGING?
Heightened Emphasis
▪ Expanding presence and leadership in served
addressable markets (e.g., Orbotech)
■ Investments in broader range of growth opportunities
▪ Leveraging KLA technology and engineering competencies
Deploying KLA Operating Model to drive value creation
from investments
Improving operating leverage in acquired positions in
new markets
■
Continued Focus on Increasing Shareholder Value
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