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Wolfspeed Investor Day

Wolfspeed CONFIDENTIAL & PROPRIETARY 2021 Wolfspeed , Inc. All rights reserved. Wolfspeed and the Wolfstreak logo are registered trademarks and the Wolfspeed logo is a trademark of Wolfspeed , O V E M B E R 1 7 , 2 0 2 1 Wolfspeed Investor DayWOLFSPEED CONFIDENTIAL & PROPRIETARY 2021 Wolfspeed , Inc. All rights reserved. Wolfspeed and the Wolfstreak logo are registered trademarks and the Wolfspeed logo is a trademark of Wolfspeed , Y L E R G R O N B A C H , VPO F I N V E S T O R R E L A T I O N S WelcomeWOLFSPEED CONFIDENTIAL & PROPRIETARY 2021 Wolfspeed , Inc. All rights reserved. Wolfspeed and the Wolfstreak logo are registered trademarks and the Wolfspeed logo is a trademark of Wolfspeed , STATEMENTS AND NON-GAAPMEASURESNote on Forward-Looking StatementsThispresentationincludesforwar d-lookingstatementsaboutWolfspeed sbusinessoutlook,futurefinancialresultsa ndtargets,productmarkets,plansandobjecti vesforfutureoperations, ,bothknownandunknown,thatmaycauseactualr esultstodiffermaterially, (SEC).

By including these non-GAAP measures, management intends to provide investors with additional information to further analyze the Company’sperformance, core results and underlying trends. Non-GAAP measures are not prepared in accordance with GAAP and non-GAAP measures should be considered a supplement to, and not a substitute for, financial ...

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