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NASDAQ 32nd Investor Program

Brian Beattie, EVP and Chief Administrative Officer Trac Pham, Chief Financial Officer

June 30, 2015 Forward-Looking Statements This presentation contains forward-looking statements under the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, including statements regarding projected financial results and long-term growth rates. For a discussion of important factors that could cause actual results to differ materially from those in such statements, see the section entitled “Risk Factors” in ’ most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K.

Regulation G In addition to financial results prepared in accordance with Generally Accepted Accounting Principles, or GAAP, this presentation will also contain certain non- GAAP financial measures. Except for certain forward-looking non-GAAP financial measures for which a reconciliation is not possible without unreasonable efforts, reconciliations of the non-GAAP financial measures contained in this presentation or given orally to their most comparable GAAP measures are included in the second quarter fiscal 2015 earnings release and financial supplement, dated May 20, 2015, and available on Synopsys' website at www.synopsys.com/Company/InvestorRelations/Pages/FinancialNews.aspx.

© 2015 Synopsys, Inc. 2 Synopsys: The Market & Technology Leader

FY14 FY15 (Target*)

Revenue: $2.057B $2.210 – $2.235B (7-9%) NG EPS: $2.53 $2.76 – $2.81 (9-11%)

Business Model: ~90% time-based

Revenue Sources: ~½ International

Employees: ~9,450

Market Cap: ~$7.8B

Founded: 1986

Patents Granted: 2,404

* These targets were provided by Synopsys as of May 20, 2015, and are not being updated at this time

© 2015 Synopsys, Inc. 3 Synopsys: The Market & Technology Leader Uniquely Positioned for Stability and Growth

• Dynamic markets • Clear technology leadership • Financial strength and growth

© 2015 Synopsys, Inc. 4 Synopsys: The Market & Technology Leader Uniquely Positioned for Stability and Growth

• Dynamic markets • Clear technology leadership • Financial strength and growth

© 2015 Synopsys, Inc. 5 Helping Design the Chips Inside Impacting Everyone, Everything, Everywhere, Every Day

Mobile Computing & Peripherals Medical Data Center & Networking Automotive Military / Aerospace Cloud Infrastructure Digital Home Industrial

© 2015 Synopsys, Inc. 6 Semiconductor Design Complexity

• An advanced design today will take 18-24 months to complete, and can cost up to $200M

• Complexity of designs has increased exponentially, requiring more, and more advanced, EDA tools • As IC design complexity grows, there is the need to embed an increasing amount of IP • The adoption of FinFET technologies drives further design challenges • Increasing software content presents more challenges

© 2015 Synopsys, Inc. 7 Synopsys: The Market & Technology Leader Uniquely Positioned for Stability and Growth

• Dynamic markets • Clear technology leadership • Financial strength and growth

© 2015 Synopsys, Inc. 8 Leading the Way in FinFET

250 FinFET

200 22 16 14 10

150 Tracking nearly 100 220 FinFET designs and tape- 50 outs worldwide

0

Synopsys is

Q4'09 Q3'12 Q3'09 Q1'10 Q2'10 Q3'10 Q4'10 Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Q4'12 Q1'13 Q2'13 Q3'13 Q4'13 Q1'14 Q2'14 Q3'14 Q4'14 Q1'15 Q2'15 Q2'09 integral to >95% of Active designs Taped-out designs them

Source: Synopsys Global Technical Service

© 2015 Synopsys, Inc. 9 Broadest Portfolio of Best-in-Class Technology Multi-Year Upgrade Cycle

© 2015 Synopsys, Inc. 10 IC Compiler II Game-Changer in Place & Route • Tremendous demand and excellent business momentum. Rebuild Rethink Reuse • Fastest-ever ramp-up in orders for a new product. New New Engines Best of IC • Currently serving

InfrastructureData Model Compiler I 33 customers; >70 Multi Multi in-progress design Hier Mode efforts, up 40% Timer Floor Plan Linear Placer from last quarter. Multi Multi • Used on Thread Voltage numerous process Multi Opt. Clock Zroute View nodes, not only for Tree FinFET: 40/28 to 16/14 and 10nm.

Enabling 10X Throughput

© 2015 Synopsys, Inc. 11 Verification Industry’s #1 Continuum

• Game-changing Planning & Coverage new platform launched in 2014 Debug #1 • Seamless integration • Built around best- #1 #1 #1 in-class engines; Virtual Static & FPGA adding unified Simulation Emulation Prototype Formal Prototype debug, compile • Goal: speed software bring-up by ~6 mos VIP, Models & Databases • First deliverable: Verification Compiler 2014 • Additional Industry’s Fastest integration in 2015

© 2015 Synopsys, Inc. 12 #2 IP Vendor Leader in Interface, Analog & Memory IP Leadership Enables Investment in Quality, Support, Features and Processes

Design IP Revenue,Design IPWired Revenue, Interface Worldwide (in Millions)* Design IP Revenue, Wired Interface 2014 2013 Rank RankCompany Company 20142013 ShareShare 1 1 SynopsysSynopsys 217.8193.3 45.7%43.5% 2 2 Silicon ImageSilicon Image 59.9 49.1 12.6%11.0% 3 Design3 Cadence IP Revenue, DesignCadence Memory Systems Cells/Blocks 45.6 44.8 9.6%10.1% 2013 4 4 Rambus Rambus 35.7 34.3 7.5% 7.7%2014 Company 2013 Share 5 Rank5 ARMRankCompanyARM Holdings 24.2 20.220145.1% Share4.5% 6 Arasan Chip Systems 9.2 1.9% 31.5% 6 1 L&T InfotechSynopsys 11.976.8 2.7% 7 1 Faraday TechnologySynopsys 8.4 76.166.31.8% 30.3%27.2% 7 2 ArasanARM Chip Holdings Systems 9.7 2.2% 8 2 PLDA ARM 5.9 73.827.41.2% 29.4%11.2% 8 3 FaradayeMemory Technology 8.3 1.9% 9 3 IPGoal4 Design MicroelectronicseMemory IP Revenue,Kilopass Technology GeneralTechnology Purpose5.2 Analog33.522.0 &1.1% Mixed13.3% Signal9.0% 9 PLDA 7.9 1.8% 2013 10 4 Mobiveil5 KilopassMentor Technology Graphics 5.1 24.79.71.1% 9.8%4.0% 10 Mobiveil 5.5 20131.2% Share2014 Others6 Rank SidenseCompany 60.0 12.6%9.2 3.8% 5 RankSidenseOthersCompany 59.79.3 12.013.4%20143.7% 17.7%Share Total7 1 NSCoreSynopsys 476.8 100.0%6.8 2.8% 6 1 MentorTotal GraphicsSynopsys 444.68.4 100.0%6.811.83.3% 10.0%18.2% 8 2 eSiliconCadence 5.9 2.4% 5.5 8.1% 7 9 2 3DolphinDolphin TechnologyCadenceQualCore Technology Design Logic Systems 5.54.6 6.52.2%1.9%10.1% 5.4 8.0% 8 103 4eSiliconMoSysFaradayFaraday Technology 5.54.4 5.42.2%1.8%8.4% 4.5 6.6% 9 4 5MoSys OthersQualcoreTrue Circuits Logic 3.411.0 4.71.4%4.5%7.3% 3.2 4.7% 10 5 6Flasys TotalTrueAnalog Circuits Bits 2.1244.0 4.70.8%100.0%7.2% 7 Kaben Wireless Silicon 3.0 4.4% 6 Others Analog Bits 8.9 3.33.5% 5.1% 8 RFEL 2.9 4.3% 7 RF Engines 3.1 4.8% 9Total Dolphin Technology 251.2 100.0%2.7 4.0% 8 Kaben Wireless Silicon 2.7 4.1% 10 Silicon Creations 2.1 3.1% 9 DolphinOthers Technology 19.72.7 29.1%4.1% 10 S3 GroupTotal 67.82.2 100.0%3.4% Others 17.7 27.4% Total 64.7 100.0%

© 2015 Synopsys, Inc. 13 * Gartner, April 2014

Third-Party IP – Synopsys Differentiator

Application Application Graphic RAM RAM ROM CPU CPU Core(s) LVDS, Etc Established Provider

Specialty I/O Specialty 15+ years of investment and Flash Flash Storage execution RAM RAM RAM RAM Interface Resource On-Chip Bus DDR DDR memory Commitment Interface

~2,600 IP Engineers

RAM RAM RAM RAM Worldwide

Basic

Peripherals (UARTs/Timers) Headset Jack Analog Trusted IP Supplier Audio Microphone Interface / Video Audio Codecs Broad portfolio of I/F Data Video Codecs Converters high-quality, production-proven IP

USB PCIe SATA HDMI MIPI * Small boxes are library elements

© 2015 Synopsys, Inc. 14 Synopsys Expands TAM w/ Coverity

• Acquired Coverity for $375M ($334M net of cash acquired) Synopsys Enters Software Quality and Security Market with Coverity Acquisition • Leading provider of Software Coverity Improves Code Quality and Security, Resulting in Better Quality, Testing and Security Software, Faster Tools; averaging ~20% revenue

MOUNTAIN VIEW, Calif. and SAN FRANCISCO, Feb. 19, 2014 growth /PRNewswire/ --Synopsys, Inc. (:SNPS), a global leader providing software, IP and services used to accelerate innovation in chips and • ~$500M market, expected to electronic systems, and Coverity, the leading provider of software quality, testing, and security tools, today signed a definitive agreement for Synopsys grow to ~$1B by 2017 to acquire Coverity. Coverity products reduce the risk of quality and security defects, which can lead to the catastrophic failures that plague many of • Natural adjacency and today's large software“Working systems. together, Synopsys and Coverity expansion of our TAM; LT

intend to bring the software development Under the terms of the definitive agreement, Synopsys will pay growth opportunity beyond our approximately $375process million, to orthe $350 level million of 'first net -oftime cash-right' acquired. In addition, existing customer base, in a Synopsys will assumefunctionality certain thatunvested software stock designoptions ofteams Coverity are employees. fast-growing, new market The transactionstriving will be funded for. For by Synopsys with this a iscombination a natural of U.S. cash and debt, and istechnology subject to Hart adjacency Scott Rodino and regulatory the opening review of anda other customary closingsignificant conditions. new, The growing acquisition market is expected space.” to close in Synopsys' fiscal Q2. Aart de Geus Chairman and co-CEO, Synopsys

© 2015 Synopsys, Inc. 15 Current Synopsys Customers Plus Brand New Customer Base

Current Semis/Systems Customers New Verticals, Customers

Banking, Financial Services, Energy, Different Users, Different Budgets Aerospace/Defense, Software, Internet, Industrial, etc.

Naturally adjacent Core competencies: • Algorithm-based technology • Some overlapping customers • Shared high-tech • Customer-obsessed DNA

New industries Synopsys didn’t previously touch

© 2015 Synopsys, Inc. 16 Acquisitions to Expand Security Offering

• Announced intent to acquire Codenomicon (April 20) Synopsys Enters Software Quality and Security Market with Coverity Acquisition • Independent discoverer of Coverity Improves Code Quality and Security, Resulting in Better Heartbleed bug; security testing Software, Faster for embedded SW

MOUNTAIN VIEW, Calif. and SAN FRANCISCO, Feb. 19, 2014 /PRNewswire/ --Synopsys, Inc. (Nasdaq:SNPS), a global leader providing • Announced intent to acquire software, IP and services used to accelerate innovation in chips and assets of Quotium (May 28) electronic systems, and Coverity, the leading provider of software quality, testing, and security tools, today signed a definitive agreement for Synopsys to acquire Coverity. Coverity products reduce the risk of quality and security • Interactive application security defects, which can lead to the catastrophic failures that plague many of testing (IAST), a well-known today's large software systems. method of testing applications

Under the terms of the definitive agreement, Synopsys will pay during the software approximately $375 million, or $350 million net of cash acquired. In addition, development lifecycle Synopsys will assume certain unvested stock options of Coverity employees. The transaction will be funded by Synopsys with a combination of U.S. cash and debt, and is subject to Hart Scott Rodino regulatory review and other customary closing conditions. The acquisition is expected to close in Synopsys' fiscal Q2.

© 2015 Synopsys, Inc. 17 Synopsys: The Market & Technology Leader Uniquely Positioned for Stability and Growth

• Dynamic markets • Clear technology leadership • Financial strength and growth

© 2015 Synopsys, Inc. 18 Long-term Operating Model* Primary long-term objective is to drive high-single- digit EPS growth through a mix of the following elements:

• Organically grow traditional EDA revenue generally in the low- to-mid single digit range • Organically grow IP/Systems/SW Integrity revenue generally in the low double-digits • Actively explore TAM-expanding R&D and M&A opportunities • Focus on global operational efficiency to deliver solid non-GAAP operating margin in the mid-20s range • Optimize the use of our strong cash flow, through a balance of M&A, debt reduction and stock buybacks

Note: While the combination of elements may vary, based on business cycles and in- period priorities, our long-term driving principles remain consistent.

* This multi-year objective is provided as of May 20, 2015 and is not being updated at this time © 2015 Synopsys, Inc. 19 Growth and Predictability

Revenue ($M)

$2,500 $2,223 • Predictable, time-based $1,962 $2,057 $2,000 $1,756 revenue model $1,536 $1,500 • Entered FY15 with ~80% of $1,000 revenue in hand; enter each $500 quarter with ~90% in hand $0 FY11 FY12 FY13 FY14 FY15 Guide-Mid* • Non-cancellable backlog:

12% 5-yr CAGR $3.5B 3-yr backlog end of FY14 NG EPS $3.00 $2.79 • 12% non-GAAP EPS 5-year $2.44 2.53 $2.50 $2.10 CAGR $2.00 $1.80 $1.50 • FY14 NG EPS includes slight $1.00 dilution from SW Integrity $0.50 Group $0.00 FY11 FY12 FY13 FY14 FY15 Guide-Mid * * These targets were provided by Synopsys as of May 20, 2015, and are not being updated at this time © 2015 Synopsys, Inc. 20 Strong Operating Cash Flow

Annual Operating Cash Flow • Roughly tracks EBITDA less $600 $551 cash taxes over time $486 $497 $500 $450 • OCF is lumpy $400 ‒ Difficult to forecast period to period $300 ‒ Timing of large contracts

$ Millions $ $200 ‒ Disbursements (affected by M&A)

$100 • Goal is to optimize the use of our strong cash flow, through $0 FY12 FY13 FY14 FY15 a balance of M&A, debt Guidance* reduction and stock buybacks

* These targets were provided by Synopsys as of May 20, 2015, and are not being updated at this time

© 2015 Synopsys, Inc. 21 Returning Cash to Shareholders

Annual Share Buybacks • Since 2010, spent $1.1B on $500 $435 buybacks

$400 o $180M in 1H 2015

$300 • $200M remaining on our

$ Millions $ current share repurchase $200 $185 $180 $145 $120 authorization* $100 $40 • Goal is to optimize the use of our strong cash flow, through $0 FY10 FY11 FY12 FY13 FY14 FY15 a balance of M&A, debt reduction and stock buybacks

* As of May 2015

© 2015 Synopsys, Inc. 22 Summary

• Dynamic markets – World’s leading EDA supplier and #2 IP vendor • Clear technology leadership – Broadest portfolio of best-in-class technology with multi-year upgrade cycle • Financial strength and growth – Excellent financial position and execution

© 2015 Synopsys, Inc. 23 Thank You