4th Quarter and Full Fiscal Year 2020 Financial Results

5 Industry outlook ▪ Potential risks for extended continuing budget resolution in GFY21 ▪ Possible crowding out of defense spending by fiscal stimulus ▪ Diplomatic and economic tensions driving increased national security threats ▪ Non-national defense electronics supply chain and microelectronics risks rising Bipartisan commitment to defense spending © Mercury Systems, Inc.

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