Micron Technology Investor Presentation — September 2022

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respective owners.Financial Results

FQ4 2022Safe Harbor Statement

During the course of this meeting, we may make projections or other forward -looking statements

regarding market demand and supply, future events or the future financial performance of the

Company and the industry. We wish to caution you that such statements are predictions and that

actual events or results may differ materially. We refer you to the documents the Company files from

time to time with the Securities and Exchange Commission , including the Company’s most recent

Form 10 -K and Form 10 -Q. These documents contain and identify important factors that could cause

the actual results for the Company to differ materially from those contained in our projections or

forward -looking statements. These certain factors can be found at micron.com/ certainfactors .

Although we believe that the expectations reflected in the forward -looking statements are

reasonable, we cannot guarantee future results, levels of activity, performance, or achievements. We

are under no duty to update any of the forward -looking statements to conform these statements to

actual results.September 29, 2022Sanjay Mehrotra

3September 29, 20224

▪Delivered record annual revenue in fiscal year 2022 with solid profitability

and free cash flow despite a challenging environment in the latter part of the year

▪Ramped industry -leading 1 -alpha DRAM and 176 -layer NAND nodes across our

portfolio; Returned a record amount of cash to shareholders

▪Achieved record revenue in mobile, auto, industrial, and networking end markets

▪Share gains in client and data center SSDs contributed to record revenue in SSDs

and also in our consolidated NAND business

▪Ramped new product categories like high -bandwidth HBM2e memory and GDDR6X

▪Fiscal Q4 financial results were impacted by rapidly weakening consumer demand