Xperi Holding Corporation Investor Presentation — February 2017

Document content

INVESTOR PRESENTATION

© 2017 Xperi 2Safe Harbor

This presentation contains forward- looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Forward- looking statements involve risks and uncertainties that could cause actual results to differ significantly from those pr ojected, particularly with respect the Company’s

business drivers, business growth and scalability, revenue visibility, market opportunities, end market growth and projected opportunity size, legal proceedings, capital

allocation strategies, forecasted impact of purchase accounting and financial results, guidance and outlook. Material factors that may cause results to differ from the

statements made include the plans or operations relating to the businesses of the Company; market or industry conditions; changes in patent laws, regulation or

enforcement, or other factors that might affect the Company's ability to protect or realize the value of its intellectual proper ty; the expiration of license agreements and the

cessation of related royalty income; the failure, inability or refusal of licensees to pay royalties; initiation, delays, set backs or losses relating to the Company's intellectual

property or intellectual property litigations, or invalidation or limitation of key patents; fluctuations in operating result s due to the timing of new license agreements and

royalties, or due to legal costs; the risk of a decline in demand for semiconductors and products utilizing our audio and imagin g technologies; failure by the industry to use

technologies covered by the Company's patents; the expiration of the Company's patents; the Company's ability to successfully complete and integrate acquisitions of

businesses; the risk of loss of, or decreases in production orders from, customers of acquired businesses; financial and regulat ory risks associated with the international

nature of the Company's businesses; failure of the Company's products to achieve technological feasibility or profitability; fai lure to successfully commercialize the

Company's products; changes in demand for the products of the Company's customers; limited opportunities to license technolog iesdue to high concentration in applicable

markets for such technologies; the impact of competing technologies on the demand for the Company's technologies; failure to realize the anticipated benefits of the Company's recent acquisition of DTS, Inc., including as a result of integrating the business of DTS; pricing trends, including t he Company's ability to achieve economies of

scale; the expected amount and timing of cost savings and operating synergies; and other developments in the markets that the Company operates, as well as