Menu. Analog and Embedded Processing. TI at a glance. Innovation. Manufacturing. University and student engagement. Our commitment and values.

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2 Menu TI at a glance Analog and Embedded Processing Innovation Manufacturing Markets Financials University and student engagement Our commitment and values

3 TI at a glance

4 Global semiconductor design and manufacturing We design, manufacture, test and sell semiconductor chips

5 Technologies that improve how we live our lives Industry s broadest and most diverse portfolio of Analog and Embedded Processing products used by approximately 100,000 of the world s most innovative companies

6 Diverse and global workforce Almost 30,000 employees in more than 30 countries

7 Diverse and global workforce Almost 30,000 employees in more than 30 countries Increases flexibility Fosters problem solving Fuels innovation

8 Focus on Analog and Embedded Processing 2016 Revenue $13.37 billion More than 85 percent of TI s revenue comes from Analog and Embedded Processing $8.54 billion Analog $1.81 billion Other $3.02 billion Embedded Processing

9 A history of great invention through the years 1930s 1940s 1950s Oil exploration Defense systems Integrated circuit 1970s- 80s to present Processors Analog and Embedded Processing Applied research in Kilby Labs

10 Products for a broad set of applications and markets Industrial Enterprise systems Communications equipment Personal electronics Automotive

11 Global manufacturing Innovative processes, flexible operations and high quality results to support customer demand

12 Core values TI s core values of integrity, innovation and commitment are woven throughout our DNA

13 Corporate citizenship Our commitment to do the right thing permeates all aspects of our culture Environmental stewardship Community involvement Ethics

14 Innovation and R&D More than $ 7 billion invested in the past 5 years* TI has more than 44,000 patents *

15 Innovation and R&D More than $ 7 billion invested in the past 5 years* In areas such as: Product development R&D labs Manufacturing technology *

16 Analog & Embedded Processing semiconductor solutions

17 Solutions for all markets Enabling endless applications Industrial Personal electronics Automotive Enterprise systems Communications equipment

18 Analog and embedded processing make electronics work Gather information from the real world

19 Analog Industry s No. 1 analog supplier* with the broadest and most comprehensive portfolio of products *IHS 2016

20 Embedded Processing Full-system design expertise with differentiated embedded processing hardware and software

21 Global application expertise and support, anytime and anywhere TI Designs reference designs More than 2,000 TI Designs to jumpstart system plans TI Store 24/7 tool sales and silicon sales TI E2E TM Community More than 1.5 million questions and answers at your fingertips Sales support Training WEBENCH Technical documents Industry s largest sales and applications force Online and in-person customer training Online design tools deliver custom results in seconds Comprehensive technical documentation available online

22 Continued investment in Analog and Embedded Processing Expanding TI s product portfolio Helping customers solve design challenges

23 Innovation

24 Innovative technology that meets our customers needs Delivering differentiated products that are: Smarter Faster More efficient Lower power

25 Research and development Systems and applications labs Kilby Labs University partnerships

26 Celebrating our people We foster a culture of innovation

27 Manufacturing

28 Global manufacturing Innovative processes High-quality results Flexibility 15 manufacturing sites in 9 countries

29 Innovative manufacturing processes Producing analog technologies that are: High speed High precision High voltage High density Low power

30 Innovative manufacturing processes Our approach to manufacturing and differentiated processing technologies is a competitive advantage. This includes our investment in 300-mm analog capacity

31 Responsive manufacturing capacity About $8B of total 300-mm analog capacity RFAB is the industry s first and largest fab in the world dedicated to analog technology on 300-mm wafers

32 Quality and reliability of our chips Ensuring our products operate at or beyond our customers performance requirements

33 Safe and sustainable operations One of the best U.S. safety records* in the semiconductor industry Meeting our customers needs through sustainable operations *OSHA 2015

34 Financials

35 Strategic focus on Analog and Embedded Processing 2016 Revenue $13.37 billion We grow, generate and return cash to our shareholders $8.54 billion Analog $1.81 billion Other $3.02 billion Embedded Processing

36 Disciplined capital allocation drives long-term value, competitiveness $73B of capital allocated over the past 10 years Drives long-term value, competitiveness, continued free cash flow per share growth Impacts shareholders returns R&D, Sales/Mkgt, CapEx, Inv 32 Share repurchases Dividends Acquisitions Capital over 10 years ( ) $ Billions 25 *Free cash flow = Cash flow from operations less capital expenditures

37 Looking forward: R&D investments strengthen portfolio, drive future growth Disciplined R&D investments allocated to higher value and growth opportunities Focused investments on industrial and automotive produce results: today comprise about 51% of TI revenue

38 Generate cash In 2016, free cash flow (FCF)* increased to $4.1B or 30.5% of revenue Strategic decisions drive free cash flow growth including: Approach to technology and manufacturing Broadest product portfolio Reach of market channels Long-lived and diverse products *FCF = cash flow from operations minus capital expenditures

39 Return cash Dividends per share (in U.S. dollars) 2.00 Committed to return all* of free cash flow to shareholders through dividends and share repurchases Q16x4 *FCF plus proceeds from exercises of equity compensation less net debt retirement

40 Return cash Committed to return all* of free cash flow to shareholders through dividends and share repurchases % reduction in shares outstanding (in billions) *FCF plus proceeds from exercises of equity compensation less net debt retirement

41 Building a stronger TI We are focused on strengthening our unique competitive advantages: Approach to technology and manufacturing Broadest product portfolio Reach of market channels Long-lived and diverse products and markets

42 Markets

43 Automotive systems Key automotive sectors: Infotainment Passive safety Advanced driver assistance systems (ADAS) Body electronics and lighting Hybrid/electric vehicle and powertrain

44 Industrial systems Industrial is broad and diverse with 14 sectors including: Factory automation and control Medical, healthcare and fitness Building automation Grid infrastructure Test and measurement Motor drivers

45 From personal electronics to enterprise systems Personal electronics Communications equipment Enterprise systems

46 University faculty and student engagement

47 Bridging the gap between industry and academia University engagements include: Coursework materials Teaching labs Student design inspiration Research projects Since 1982, TI has been bridging the gap between academia and industry with more than 8,000 teaching labs in engineering departments at 2,600 universities worldwide, 450 TI-based textbooks in 10 languages, reaching tens of thousands of students annually

48 Bringing real-world engineering concepts to life for students Resources students need for their maker mindset to thrive Online tutorials Design inspiration Engineer-to-engineer discussions Products and tools to enhance the learning experience

49 Supporting university professors Teaching materials and resources to integrate into coursework: TI-based teaching kits and labs Analog Embedded Processors Products and tools

50 Employing the best and brightest Internships and rotation programs Early career and experienced professionals Technicians and operators

51 Our commitment and values

52 Our commitment Social Impact Environmental Impact Citizenship is our commitment to be accountable for our social, environmental and economic impact around the world Economic Impact

53 Investment in our people We believe diversity fuels innovation because our people are our greatest assets

54 Operating sustainably Responsible business practices are the foundation by which we operate

55 Environmental stewardship Investment to reduce: Air emissions Energy consumption Water use

56 Stronger communities make stronger companies Investment in our communities *

57 Stronger communities make stronger companies Involvement through volunteerism 400+ Employees serving in nonprofit leadership roles 130K Volunteer hours valued at $3.2M in 2016* (estimated) *As of 11/15/2016

58 Connecting future engineers to STEM More than $150 million invested in education, including K-16 science, technology, engineering and math (STEM) programs

59 Connecting future engineers to STEM More than $150 million invested in education, including K-16 science, technology, engineering and math (STEM) programs Enabling: K-12 and university programs Curriculum, technology and tools Employee volunteering and mentoring Underrepresented groups to learn more about STEM and engineering careers

60 2016 Awards Company CR Magazine, 100 Best Corporate Citizens (14th year) Ethisphere Institute, World s Most Ethical Companies (11th consecutive year) Fortune, World s Most Admired Companies (3rd in industry) Financials indices and ratings Dow Jones Sustainability Indices, North America Component (10th year) FTSE Group, Constituent, FTSE4Good, a responsible investment index series (4th year) Employer Forbes, America s Best Employers Human Rights Campaign, inclusion in the Corporate Equality Index rating LGBT workplace equality (13th year) CareerBliss, 50 Happiest Companies in America (5th year) Safety and health British Safety Council, International Safety Award for best in class in the manufacturing sector Malaysian Society of Occupational Safety and Health Awards, Gold Class, recognizing TI Malaysia and TI Electronics Malaysia National Safety Council, Perfect Record Award, recognizing RFAB

61 Q&A