Lam Research Investor Presentation — March 2018

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Copyright © 2018 Lam Research Corp.March 6, 20182018 INVESTOR MEETINGCAUTIONARY STATEMENT REGARDING FORWARD -LOOKING STATEMENTS

This presentation and the accompanying discussion contain “forward -looking statements” under U.S.

securities laws. Forward -looking statements include any statements that are not statements of historical fact.

Examples of forward -looking statements include, but are not limited to: (1) anticipated business, financial

statement and financial results, metrics and opportunities, including guidance, whether actual or pro forma;

(2) economic, market, industry (whether globally or by country) and industry segment, and technology

expectations and demands; and (3) our business, product, customer support, capital allocation/return or growth plans and strategies, including our ability to successfully execute them or otherwise deliver value for customers and stockholders. Forward -looking statements speak only as of the date they are made and are

subject to risks and uncertainties that could cause actual results to differ materially from those expressed,

including the factors discussed in our filings with the Securities and Exchange Commission (“SEC”) such as

our Annual Report on Form 10 -K for the fiscal year ended June 25, 2017 and Quarterly Report on Form 10 -Q

for the quarter ended December 24, 2017. You should not place undue reliance on forward -looking

statements. Lam undertakes no obligation to publicly update any forward -looking statements.

2 Copyright © 2018 Lam Research Corp.3 Copyright © 2018 Lam Research Corp.TODAY’S AGENDA

Chief Executive Officer

Chief Operating Officer

Chief Financial Officer

Delivering Profitable

Growth and ReturnsQuestion & Answer

VALUE CREATION AND CAPTURE

Chief Executive OfficerMartin Anstice

Copyright © 2018 Lam Research Corp. 45 Copyright © 2018 Lam Research Corp.INCREASING

RELEVANCEINNOVATION -

FOR TECHNOLOGY LAM’S

6 Copyright © 2018 Lam Research Corp.TECHNOLOGY TRANSFORMING THE WORLDConnect

devices, more oftenCloud

and efficiencyCompute

accelerator7 Copyright © 2018 Lam Research Corp.DATA ANALYTICS DRIVE ECONOMIC AND SOCIAL VALUE

8 Copyright © 2018 Lam Research Corp.OUR CUSTOMERS ASPIRE

TO MAKE THE WORLD A BETTER PLACECognitive decision

support opportunity:

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