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Q2 Fiscal 2022 (Quarter Ended December 31, 2021) Reporting Date: January 27, 2022
(Quarter Ended December 31, 2021)
Reporting Date: January 27, 20222KLA N o n -Confid e n tia l | Un re s tricte dForward -Looking Statements
Statements in this presentation other than historical facts, such as statements pertaining to: (i) growth rates for 2022; (ii ) our ability to meet or
exceed our 2023 financial targets ahead of expectations; (iii) continued improvement of industry demand for semiconductors and W FE; (iv)
foundry/logic strength with our customers increasing their demand forecast in 2022; (v) strong demand for memory in 2022; (vi ) high R&D
investment; (vii) expansion of service opportunities; (viii) capital allocation; (ix) continued improvement of revenue throug hout calendar year
2022; (x) levels of business activity in the quarter ending March 31, 2022 and for calendar 2022; (xi) future capital returns toshareholders; (xii)
our non- GAAP operating expenses for the quarter ending March 31, 2022 and near term budget; (xiii) our effective tax planning ra te for the
quarter ending March 31, 2022; (xiv) WFE growth in 2022, and demand levels across end markets; and (xv) revenues, GAAP and no n-GAAP gross
margin and GAAP and non- GAAP diluted EPS for the quarter ending March 31, 2022 and revenues across customer segments in the quarter
ending March 31, 2022; are forward -looking statements and subject to the Safe Harbor provisions created by the Private Securitie s Litigation
These forward -looking statements are based on current information and expectations and involve a number of risks and uncertainti es. Actual
results may differ materially from those projected in such statements due to various factors, including but not limited to: t he future impacts of
the COVID- 19 pandemic; delays and disruptions in the supply chain; cybersecurity incidents of ours and our customer’s and suppliers’ networks;
the demand for semiconductors; the financial condition of the global capital markets and the general macroeconomic environmen t; new and
enhanced product and technology offerings by competitors; push- out of deliveries or cancellation of orders by customers; the abi lity of KLA’s
research and development teams to successfully innovate and develop technologies and products that are responsive to customer demands;
KLA’s ability to successfully manage its costs; market acceptance of KLA’s existing and newly launched products; changing cus tomer demands;
and industry transitions. For other factors that may cause actual results to differ materially from those projected and anti cipated in forward-
looking statements in this letter, please refer to KLA’s Annual Report on Form 10 -K for the year ended June 30, 2021, and other subsequent
filings with the Securities and Exchange Commission (including, but not limited to, the risk factors included therein). KLA a ssumes no obligation
to, and does not currently intend to, update these forward- looking statements.Strategic Overview and Highlights
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