BACKGROUNDER

Investing in the Global Data Revolution Capital invests in innovative startups targeting artificial intelligence, autonomous technology, data center and cloud, 5G, next-generation compute, and a wide range of other disruptive technologies.

Investment Facts Since 1991, Intel Capital has invested US$12.4 billion in 1,544 companies in 57 countries. In that timeframe, 670 portfolio companies have gone public or participated in a merger.

Intel Capital does not disclose specific financial results from its investments, but the program has contributed billions in cash to Intel in its history while developing new technology ecosystems around the world.

2018 Activity:  $391 million invested in 89 companies; 38 new investments and 51 follow on investments  Lead investor in >66% of new investments  22% of investments made in diverse companies  Four companies completed IPOs; 14 companies were acquired

Notable Investments Intel Capital has made a number of well-known investments around the globe. These include AVG, Broadcom, CNET, , , Docusign, Elpida Memory, FPT, Gamalon, GoodData, Habana Labs, Inktomi, iZettle, Joby Aviation, Kingsoft, Lightbend, LogMeIn, Marvell, Mellanox, Moovit, MongoDB, MySQL, PCCW, RedHat, Sohu.com, YuMe, Virtustream and VMware.

International Investing Intel Capital has invested in companies headquartered in 57 countries on six continents.

www.intelcapital.com Differentiated Advantages What sets Intel Capital apart is a collection of value-added benefits that enhance our relationships with entrepreneurs and open doors to new markets, customers, alliances, co-investors, and emerging technologies.

Among the key benefits of working with Intel Capital are:  Global Reach: With offices in eight countries, and Intel offices in 60, we call on a vast network of resources in markets around the world. Intel Capital has insights into these markets, contacts with local customers and suppliers, and the ability to match our portfolio companies with customers across oceans and continents.  Worldwide Customer Access: Intel Capital facilitates regular, targeted meetings with the right decision-makers drawn from Intel’s relationships with suppliers, partners and customers in every major market in the world. In 2018, Intel Capital hosted 62 Intel Capital Technology Days to help our portfolio companies engage with customer executives from Global 2000 companies.  Recognized Brand: Intel is among the most recognized brands in the world. Intel connotes quality, integrity and innovation. It’s a cachet that opens doors for our portfolio companies with customers and co-investors around the globe.  Technology Expertise: Intel plays a lead role in the continued rise of technology around the world. Our portfolio companies are privy to our architecture roadmaps, gain access to our manufacturing and engineering knowledge, and can benefit from the work of our labs and factories.

Intel Capital Technology Days In 2018, Intel Capital hosted 62 Intel Capital Technology Days (ITDs) with leading customers around the world. The standard ITD model brings about 10 portfolio companies to the host customer for a day of customer briefings, technology presentations, and demo showcases.

Previous ITD hosts include: ASUS, AT&T, BMW, BP, CapitalOne, Comcast, Daimler-Mercedes, Ford Research & Innovation Center, Fujitsu Electronics, General Motors Emerging IT Group, Hewlett- Packard, HSBC, Huawei, IBM, Lenovo, Microsoft, NASDAQ, NBC Universal, Panasonic, Procter & Gamble, Samsung, Sony Ericsson, Sprint, Target, Telefonica, Time Warner Cable, Toyota, and Verizon.

www.intelcapital.com 2 Recent Awards  CB Insights: Most Active CVC in Cybersecurity in 2018 (Feb. 2019)  Global Corporate Venturing: Wendell Brooks #1 on 2018 PowerList (May 2018)  CB Insights: Top Corporate Venture Capital Firms (April 2018)  PitchBook: Most Active Global VC Investors in VR (Feb. 2018)  CB Insights: Most Active VC in AI (Feb. 2018)  TechCrunch: Most 2017 Active Investors in VR/AR (Dec. 2017)  Zero2IPO: 2017 Top VC and Top AI Investor in China (Dec. 2017)  CB Insights: Top 5 CVCs in Connected Enterprise Security (Oct. 2017)  Pitch Book: The 8 Most Active VC Investors in US-based AI Startups (Oct. 2017)  CB Insights: Most Active Investor in AI - 2012~2017 (Aug. 2017)  PitchBook: Most Active VC Investor in US IoT (Aug. 2017)  Global Corporate Venturing: Wendell Brooks #3 on 2017 PowerList (May 2017)  TechCrunch: Top Venture Capital Fund in Machine Intelligence (April 2017)  PitchBook: Top VC Investor in Drones & Robotics (Feb. 2017)  CB Insights: VC with Most Exits in 2016 (March 2017)  Recode: Most Active Corporate VC Firm 2016 (Feb. 2017)  CB Insights: 2016 Top CVC (Jan. 2017)  PrivCo: Top VC by Portfolio Exits (2016)  PitchBook: Top CVC Investor in IoT and Big Data (2016)  PitchBook: #1 Corporate Venture Capital Investor since 2010 (2016)  CB Insights: Most Active IoT Investor since 2010 (2016)  ChinaVenture: Top Foreign Venture Capital Investor in China (2015)  PitchBook: Top US-based Investor in China since 2010 (2015)  Zero2IPO: Top Foreign VC Investor in China (2015)  CB Insights: #1 Wearables Investor (2010~2015); Top Augmented Reality Investor; Most Active CVC in Cybersecurity in 2015  PitchBook: Top VC Investors in Global IT Storage Industry since 2010 (2015)  PitchBook: Top VC Investor in Cybersecurity since 2010 (2015)  PitchBook: #1 VC Exiter - M&A (2005~2015)

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Recent Exits Initial Public Offerings  Elastic (U.S.) – Oct. 2018  Carbon Black (U.S.) – May 2018  DocuSign (U.S.) – May 1, 2018  Razer (U.S.) – Nov. 13, 2017  Aquantia (U.S.) – Nov. 6, 2017  ForeScout (U.S.) – Oct. 31, 2017  MongoDB (U.S.) – Oct. 9, 2017  Switch (U.S) – Oct. 6, 2017  Tranzas (Japan) – Aug. 9, 2017  Tejas Networks (India) – June 27, 2017  Cloudera (U.S.) – April 28, 2017  Fibocom (China) – April 13, 2017  Impinj Inc. (U.S.) - July 20, 2016  China Digital Video (China) – June 27, 2016  BSoft (China) – May 14, 2015  Tobii Technology (Sweden) – April 22, 2015  Box, Inc. (U.S.) – Jan. 23, 2015

Mergers and Acquisitions (selected)  BlueData (acquired by Hewlett Packard Enterprise – U.S. (Nov. 2018)  iZettle (acquired by PayPal) – U.S. (Sept. 2018)  Avnera (acquired by Skyworks) – U.S. (Aug. 2018)  AlienVault (acquired by AT&T) – U.S. (July 2018)  Velostrata (acquired by Google) – Israel (June 2018)  Skyport (acquired by Cisco) – U.S. (Jan. 2018)  CoreOS (acquired by Red Hat) – U.S. (Jan. 2018)  Black Duck Software (acquired by Synopsys) – U.S. (Dec. 2017)  InVisage Technologies (acquired by Apple) – U.S. (Nov. 2017)  Body Labs (acquired by Amazon) – U.S. (Oct. 2017)  Gigya (acquired by SAP) – U.S. (Sept. 2017)  Arrayent (acquired by Prodea) – U.S. (July, 2017)  Crisp Media (acquired by Quotient Technology) - U.S. (June 1, 2017)  Expect Labs (MindMeld) (acquired by Cisco) - U.S. (May 31, 2017)  Persimmon Technologies (acquired by Sumitomo Heavy Industries) – U.S. (April 3, 2017)  iControl (acquired by Comcast) – U.S. (March 9, 2017)  Kabam (acquired by Netmarble) – Canada (Feb. 23, 2017)  Delta ID (acquired by Fingerprint Cards) – U.S. (Feb. 2, 2017)

Intel is a trademark or registered trademark of Intel Corporation or its subsidiaries in the United States and other countries. Other marks and brands are property of their respective owners.

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