Veeco Instruments Investor Presentation — August 2020

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Veeco (Nasdaq: VECO)

August 3, 2020Q2 2020

Conference CallQ2 2020 Financial Results Conference Call | All Rights Reserved. ©2020

2To the extent that this presentation discusses expectations or otherwise makes

statements about the future, such statements are forward -looking and are subject to

a number of risks and uncertainties that could cause actual results to differ materially

from the statements made, including as a result of the COVID -19 pandemic.

These items are discussed in the Business Description, Management's Discussion and

Analysis and Risk Factors sections of Veeco's Annual Report on Form 10 -K for the year

ended December 31, 2019 and subsequent Quarterly Reports on Form 10 -Q and current

reports on Form 8 -K.

Veeco does not undertake any obligation to update any forward -looking statements to

reflect future events or circumstances after the date of such statements.CEO Overview

William J. Miller, Ph.D.

Q2 2020 Financial Results Conference Call | All Rights Reserved. ©2020

•Top Line driven by strength in Data Storage

•Solid results driving profitability

•$20M in cashflow from operations•Maintaining employee health measures and

business resiliency during global pandemic

Positive outlook given favorable market dynamics and healthy backlog

Operating IncomeNon-GAAP EPS$99M $8M 11¢

A reconciliation of GAAP to Non -GAAP financial measures can be found in the backup section of this presentation.CFO Financial Review

Q2 2020 Financial Results Conference Call | All Rights Reserved. ©2020

6Q2 2020 Revenue by Market & Region

22%44%Revenue by Market Revenue by Region

IndustrialFront -End

LED Lighting, Display

MEMS & RF Filters26%

ROW includes Japan, Taiwan, Korea and South East AsiaQ2 2020 Financial Results Conference Call | All Rights Reserved. ©2020

7$ millions (except per share amounts)GAAP Non-GAAP

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