Magnachip Semiconductor Investor Presentation — July 2024

Document content

Magnachip Semiconductor (NYSE: MX)

Q2 2024 Earnings Materials

July 31, 20242Forward -Looking Statements

Information in this presentation regarding Magnachip’s forecasts, business outlook, expectations and beliefs are forward -looking statements within the meaning of the Private

Securities Litigation Reform Act of 1995 that involve risks and uncertainties. All forward -looking statements included or incorp orated by reference in this presentation, including

expectations about estimated historical or future operating results and financial performance, outlook and business plans, in cluding third quarter and full year 2024 revenue and gross

profit margin expectations, future growth and revenue opportunities from new and existing products and customers, the timing and extent of future revenue contributions by our

products and businesses, and the impact of market conditions associated with inflation and higher interest rates, geopolitical conflicts between Russia -Ukraine and between Israel -

Hamas, sustained military action and conflict in the Red Sea, and trade tensions between the U.S. and China on Magnachip’s third quarter and full year 2024 and future operating

results, and the timing and extent of future revenue contributions by our products and businesses, are based upon information available to Magnachip as of the date of this

presentation and the accompanying press release, which may change, and we assume no obligation to update any such forward -lookin g statements. These statements are not

guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to such differences include, among