GlobalFoundries Results Presentation Deck slide image

GlobalFoundries Results Presentation Deck

Key Q4'21 Results (Unaudited) Wafer Shipments 300mm equivalents (k) +5% 595 Q4'20 622 Q4'21 +74% Revenue (1) $ in millions 1,062 Q4'20 1,847 Q4'21 Adjusted EBITDA & Margin (2) $ in millions +251% GlobalFoundries © 2022 All Rights Reserved 166 16% Q4'20 584 32% Q4'21 Notes: 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 quarter ended December 31, 2020 would have been an estimated $501 million higher than reported results. 2. We define adjusted EBITDA as net income (loss), excluding the impact of interest expense, tax expense, depreciation, amortization adjusted for share-based compensation expense, transaction gains and associated expenses, restructuring charges and litigation settlements; a reconciliation of adjusted non-IFRS to IFRS metrics can be found in the appendix. GlobalFoundries™ 4
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