A and Millimeter Wave World The Future Is High

GREG HENDERSON SVP, AUTOMOTIVE, COMMUNICATIONS, AND AEROSPACE AND DEFENSE

©2017 Analog Devices, Inc. All rights reserved. 1 #1 in High Performance RF, Microwave, and Millimeter Wave Market

Industry’s Broadest Portfolio from DC to 100 GHz

Complete Signal $500M+ Chain Solutions 2016 Revenue Multimarket Diversified Growth

1000s of Customers

2 ©2017 Analog Devices, Inc. All rights reserved. Data, Sensing, and Automation Driving $4 Billion SAM by 2022

Communications Aerospace, Defense, Infrastructure $4B and Security

$3B$3B Automotive Industrial

Test and Measurement

3 ©2017 Analog Devices, Inc. All rights reserved. Microwave and Millimeter Wave Applications—The Future Is High Frequency

Microwave and Millimeter Wave Growing at 4 × Traditional RF

Commercial and V-Band Point- Industrial VSAT to-Point Links WiGig E-Band Point- Cellular 5G to-Point Links RF ID, Toll Microwave 24G Advanced Tags Point-to-Point 77G Advanced Wi-Fi Driver Assistance Links Satellite Payload Driver Scientific Cellular 2G, Systems Comms/Telemetry Assistance 3G, 4G Military Imaging and and Counter- Systems Measurement Industrial CATV and Telematics, Satellite Test measures Cable Modem GPS Equipment Imaging

RF Wave

Radio Frequency Microwave Millimeter Wave 10 kHz 6 GHz 30 GHz 110 GHz

4 ©2017 Analog Devices, Inc. All rights reserved. Microwave and Millimeter Wave Applications Drive the Future

Complexity

Resolution

Data Rate

RF Wave

Radio Frequency Microwave Millimeter Wave 10 kHz 6 GHz 30 GHz 110 GHz

5 ©2017 Analog Devices, Inc. All rights reserved. ADI Strategic Initiatives are Enabling Market Transformation

Initiatives Leverage Across Markets

Enabling Multi-Gbps Communications

Democratizing Phased Array Solutions

Making Wireless Sensing Ubiquitous Strategically enabling a smarter and more autonomous world

6 ©2017 Analog Devices, Inc. All rights reserved. New Technologies Required for 5G: Enabling Multi-Gigabits

Higher Frequency >10× Data (for bandwidth) Increase from 4G to 5G

Future More Antennas

(Massive MIMO)

) Gbps

Today Data Rates ( Rates Data

1G 2G 3G 4G 5G

7 ©2017 Analog Devices, Inc. All rights reserved. ADI Software-Defined : Transforming Infrastructure/5G

Reduction in Base 50% Station Footprint

6 Time-to-Market Months+ Advantage

Industry-Leading Power Consumption

Common Software- 1/10th Defined Platform the Size Designed in Tier-1 Ecosystem for Macro, Small Cell, Massive MIMO

8 ©2017 Analog Devices, Inc. All rights reserved. Phased Array: Future of Wireless Communications and Sensing

Traditional Phased Array Architecture

1 >1000 Channel/ Channel/ Systems System

Mechanical Single Radio Fully Multibeam Radio Scan Beam Density Electronic Capable Density

9 ©2017 Analog Devices, Inc. All rights reserved. Democratizing Phased Array to Drive Market Growth

Current Markets—Aerospace and Defense Moving to Emerging Markets

Reduces System ADEF Complexity Automotive Imaging and Scanning

ADI Solution

Highly Integrated Planar Multichannel ICs Technology 5G Cellular Satellite Communications

10 ©2017 Analog Devices, Inc. All rights reserved. Making Wireless Sensing Ubiquitous

Defense and Security RF Automotive Technology

Perimeter Security Advanced Driver Assistance Proximity Sensors Vital Signs Monitoring

Factory Industrial Automation

UAV Collision Avoidance Industrial Robots

Smart City Tank Level Sensors

11 ©2017 Analog Devices, Inc. All rights reserved. Turnkey Radar Solutions Enabling Industrial Applications

Back Front Plug and Play Industrial Radar Evaluation Platform

ADI DSP

Analog Front End Detection and tracking Software algorithms included

24 GHz Radar Full reference design

Integration Integrated multichannel antennas

Full signal Antenna-to-bits radar using all ADI chain solution components Integrated Antenna 24 GHz Radar

12 ©2017 Analog Devices, Inc. All rights reserved. ADI Strategy: Layered Elements of Sustainable Differentiation

Capturing Market Going Beyond Silicon Share

System Level Solutions and Integration

Creating Competitive Barriers Broadest High Frequency and Wideband Portfolio ADI Strengths Full Signal Chains Enabling New with 10,000+ ADI Applications Components

13 ©2017 Analog Devices, Inc. All rights reserved. ADI Strategic Initiatives Driving Above Market RF and Microwave Growth

Drivers Impact

Enabling Multi-Gbps Communications Market mmW Growth Opportunity $4B 4× RF Market by 2022

Democratizing Phased Array Architecture

Double Digit Multimarket Revenue Diversity Making Wireless Sensing Growth Ubiquitous

14 ©2017 Analog Devices, Inc. All rights reserved. Analog Devices 2017 Investor Day

POWERFULLY CONNECTING THE PHYSICAL AND DIGITAL WORLDS

©2017 Analog Devices, Inc. All rights reserved. 15