Cabot Microelectronics Investor Presentation — May 2021

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Fiscal 2021 EarningsSLIDES & REMARKSSAFE HARBOR STATEMENT

The information contained in and discussed in these slides and prepared

remarks may include “forward-looking statements” within the meaning

of federal securities regulations. These forward-looking statements

include a number of risks, uncertainties, and other factors, including those

described in CMC Materials’ filings with the Securities and Exchange

Commission (SEC), that could cause actual results to differ materially from

those described by these forward-looking statements. CMC Materials

assumes no obligation to update this forward-looking information.

2 © Copyright 2021 CMC Materials, Inc.These slides and prepared remarks should be read in conjunction with

CMC’s earnings press release, which was posted on CMC’s website on May

5, 2021. In addition, these prepared remarks supplement the commentary

that the company will make on its earnings conference call on May 6, 2021.PRESIDENT & CEO REMARKS

On April 1 we completed the acquisition of

International Test Solutions (ITS). The acquisition

expands our Electronic Materials portfolio of critical,

enabling solutions that help our customers enhance

their efficiency. As ITS products are used to enhance

the performance of advanced probe cards at

parametric test and wafer sort operations (PCC), test

socket applications during package test (TCC) and

chuck cleaning at front-and backend tools (CCW), we

have now expanded our semiconductor participation

into the attractive packaging and test segments at

leading edge device manufacturers and foundries.

Turning to our performance this quarter, we are proud

of our robust year-over-year results, which were driven

by record performance in our Electronic Materials

segment, particularly in CMP slurries and CMP pads.

We are encouraged by the continued demand for

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