1 Mar-14Confidential Proprietary ON Semiconductor.

1 • Mar-14 Confidential Proprietary

ON Semiconductor

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• Headquarters: Phoenix, AZ• Employees: ~22,000 globally• Revenue: ~$2.8Bn(1)

• Market Capitalization: ~$4.1Bn(2)

• Ticker: ONNN• Founded: Spun-off from Motorola 1999, IPO 2000

ON Semiconductor Today

(1) 2013 revenue (2) According to NASDAQ - based on closing stock price on May 1, 2014 (3) Sector % based on 1Q14 results

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Diverse Segment and Regional Profile1Q014 Revenue = $706.5M

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Successful Acquisitions Expand Solutions in Target Markets

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Infotainment Audio Systems• Advanced Frontlighting

Systems

• Xenon/LED / Halogen Front

lighting

Cluster illumination & Interior Lighting

• Rear / Exterior Lighting

Engine Control

Transmission control

Sensors

Starter Alternator

Leading Positions: Powertrain, Body, Infotainment, Power Supplies, In-Vehicle Networking

ONNN Solutions

Interior and exterior LED lighting

Engine and transmission control, sensor interface

Power supplies, motor drivers, standard products including IGBTs, SmartFETs and protection

LIN, CAN, FlexRay transceivers for IVN

Automotive Segment2013 Revenue = $751M (27% of Company Revenue)

Growth Drivers

Fuel economy and emissions: start-stop alternators, GDI, HEVs, dual clutch, 6+ speed transmissions

Safety and convenience: LED lighting, door modules, Park Assist, Sensors, Infotainment, ADAS

Drive by wire and motor control: EPS, pumps, fans

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Infotainment Audio Systems• Advanced Frontlighting

Systems

• Xenon/LED / Halogen Front

lighting

Cluster illumination & Interior Lighting

• Rear / Exterior Lighting

Engine Control

Transmission control

Sensors

Starter Alternator

Customer Alignment

Leading Positions: Powertrain, Body, Infotainment, Power Supplies, In-Vehicle Networking

Key Company Growth DriversMarket Outlook

Automotive semiconductor growth forecast to be >9% year on year

Emerging markets represent >50% of global vehicle sales

Fuel economy, safety, convenience and infotainment drive growth

HEVs / EVs drive ~5X higher semiconductor content per vehicle in Powertrain electronics

Advanced LED Lighting ICs Electric Power Steering, Electric

Parking Brake, Park Assist ICs Start-Stop ICs (uHybrid) SMPS, Motor Driver ICs, IPMs Angular, Pressure and Position

Sensor Interface ICs LIN, CAN, FlexRay Transceivers MOSFETs, IGBTs, Protection

Automotive Segment2013 Revenue = $751M (27% of Company Revenue)

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Lighting• LED Exterior• LED Interior • HID Front Lighting• Advanced Front (AFS)• Motor Control

Active Safety

• Engine Control• Transmission• Ignition• Sensor

Interface• Start – Stop• 48V/HEV/PHEV• EV

Body & Interior

Fuel Economy & Emissions Reduction (Powertrain)

Automotive ContentBOM Opportunity of up to $250 per Vehicle

• Body Computers & Gateways • HVAC• Door• Motor Control• Smart-Junction Box• Instrument Clusters• Bus Protection• Infotainment• Active Antenna

• Electronic Power Steering• Park Assist• Dynamic Braking• Suspension• Advanced Driver

Assistance

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Entry Level Servers

Notebook

Ultrabook

Desktop PC

Graphics Card

Channel Motherboar

d

AIO Computer

Customer Alignment

Leading Positions: CPU and Graphics Power, MOSFETs, Protection, Power Supplies

Key Company Growth DriversMarket Outlook

Mature market slowed by macro economics and alternative consumer devices (tablets, etc)

Emerging markets driving category growth

Windows 8 and Ultrabooks expected to stimulate demand

Vcore DC-DC PWM ICs (#1) HFVR for Ultrabooks Low Cap ESD for High Speed Serial

Interfaces (USB 3.0, HDMI) (#1) DC-DC ICs for System / Memory

Rails and POL in Servers AC-DC ICs for Power Adapters in

Computing (#1)

Computing Segment2013 Revenue = $445M (16% of Company Revenue)

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Leading Positions: Optical Imaging, Power Management, RF Tuning, Protection, MOSFETs

Auto Focus and OIS for camera modules

ESD protection (#1), CMF, MOSFETs

Battery and power management, power supplies

Sensors (light and proximity), clock and timing ICs

Smartphone

Tablet

Base Station

Customer Premise Equipment

Enterprise Routers

Communications Segment2013 Revenue = $473M (18% of Company Revenue)

Rapid growth in smartphones and tablets

High resolution cameras (10+ megapixel)

Rapid and wireless battery charging

RF antenna tuning for 4G LTE handsets

ONNN SolutionsGrowth Drivers

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Customer Alignment

Leading Positions: Optical Imaging, Power Supplies, Protection, MOSFETs

Key Company Growth DriversMarket Outlook

Ubiquitous connectivity “The Cloud” enables seamless

content across disparate devices Smartphones, Tablets and 4G

Network deployment drive growth Economic uncertainty dampens

near-term carrier investments

Auto Focus and Optical Image Stabilization for cameras

Low Cap ESD Protection (#1) and Common Mode Filters

Battery Protection, Load and Switch MOSFETS

AC-DC and DC-DC Power ICs Battery Charger ICs Clock & Timing ICs

Smartphone

Tablet

Base Station

Customer Premise Equipment

Enterprise Routers

Communications Segment2013 Revenue = $473M (18% of Company Revenue)

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Lens Control

Power ManagementBacklighting

AMOLED Display

Protection

Power Supplies

Leading Positions: Inverter IPM, Power Supplies, Protection, Optical Imaging

Inverter IPMs for appliance motors and fans (#2)

Power management and power supplies

Touch control, motor drivers, sensors

ESD for high speed interfaces (USB 3.0, HDMI) (#1), MOSFETs, IGBTs

Power Supplies

and Inverters

Motor Drive and Control

Touch Interface

Smart Grid Connectivit

y

LCD Display

Battery Management

Consumer Segment2013 Revenue = $529M (19% of Company Revenue)

High-efficiency variable speed motor adoption

High-efficiency power supplies

Xbox One and Playstation 4 game consoles

Wearable electronics

ONNN SolutionsGrowth Drivers

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Lens Control

Power ManagementBacklighting

AMOLED Display

Protection

Power Supplies

Customer Alignment

Leading Positions: Inverter IPM, Power Supplies, Protection, Optical Imaging

Key Company Growth DriversMarket Outlook

TV market has matured and OEM consolidation continues

“Smart”, “Connected” devices are changing the way consumers access content

Global focus on improving energy efficiency in appliances and TVs

Expect Flat Panel TVs to migrate from LED to AMOLED displays

Inverter IPMs for Appliance Motors and Fans (#2)

LED Backlighting and AMOLED Display ICs

AC-DC Power Supply ICs Low Cap ESD for High Speed Serial

Interfaces (USB 3.0, HDMI) (#1) Battery Charger ICs, MOSFETs

Power Supplies

and Inverters

Motor Drive and Control

Touch Interface

Smart Grid Connectivit

y

LCD Display

Battery Management

Consumer Segment2013 Revenue = $529M (19% of Company Revenue)

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Leading Positions: Power Supplies, Sensors, Circuit Protection, Medical Devices, LED Lighting, Power Modules

Power modules (IPMs, PIMs) and power management

Motor drivers and LED drivers

DSPs, MCUs, sensors and communications

Comprehensive standard products portfolio

LED Lighting

PacemakersHearing Devices

IngestibleDiagnostic

s

Industrial / Medical / Mil-Aero Segment2013 Revenue = $557M (20% of Company Revenue)

High-efficiency power supplies and motors (VSDs)

LED bulb prices breaking the <$10 barrier

Smart buildings and the “Internet of Things”

Wearable medical devices

ONNN SolutionsGrowth Drivers

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Customer Alignment

Leading Positions: Power Supplies, Sensors, Circuit Protection, Medical Devices, LED Lighting

Key Company Growth DriversMarket Outlook

Energy and environmental legislation drive “smart grid” and LED Lighting adoption

Semiconductor content rapidly increasing in building automation

Transition to Mobile Health drives growth in medical devices

IPMs for Industrial Motor Control and Power Supplies

Circuit Breaker ICs with Self-Test and Built-In Diagnostics

Sensor ICs (Image, Light, Occupancy, Smoke, etc)

Motor Driver and LED Driver ICs ARM-based SOC and ingestible

diagnostic ICs

LED Lighting

PacemakersHearing Devices

IngestibleDiagnostic

s

Industrial / Medical / Mil-Aero Segment2013 Revenue = $557M (20% of Company Revenue)

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Smart Grid Segmentation

Applications

Smart Appliances

Applications

Smart HomeDistributed Sources of Energy(Solar)

Smart Meters

Controller / ThermostatIn Home Display

Charging Stations

Junction Boxes

Solar Shingles

Thin Film Panels

PV Panels

Concentrating Solar Arrays

Inverters

Smart Meters

Communications Modules for Smart Meters

Applications

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ON Semiconductor in the Czech Republic

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Historical background / 1Year Milestone

1949 TESLA Rožnov established, production of vacuum tubes started

1989 Beginning of Eastern Block market recession leading to economy decline

1990 Czech economy was facing to new economical conditions after dramatic political change. Although TESLA Rožnov manufacturing had good technological level Rožnov could not compete economically. TESLA Rožnov with 8500 employees was splitted into 15 units, which had been privatized with different methods. 2500 people worked in the area of semiconductors - semiconductor manufacturing was splitted to small economical units that were able to survive, some of them were transferred.

1992 TESLA SEZAM and TEROSIL established, die manufacturing, integrated circuits and power transistors assembly for the rest of original market and first new customers abroad

1993 Beginning of Motorola Wafer Fab Partnership with TESLA SEZAM and TEROSIL

1994 Roznov Design Center established (Motorola Czech Design Center)

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Historical background / 2Year Milestone

1999 "Semiconductor Compoment Group“ set aside of Motorola; ON Semiconductor established and, as a consequence, SCG Czech Design Center established

2003 Merger of TESLA SEZAM and TEROSIL, ON Semiconductor Czech Republic established

2008 AMI Semiconductor acquisition; Brno design center – ON Design Czech acquired

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ON Semiconductor Czech Republic (Rožnov pod Radhoštěm)

A high volume wafer fab and a raw silicon wafer and epitaxy production factory located in a 16 acre industrial park with over 200,000 square feet of building space.

Fab: 6-inch

Raw Silicon /EPI Size:5-inch, 6-inch, 8-inch

Production: 0.8 µm to 3 µm Bipolar IC’s, Metal Gate CMOS, MOSAIC, and various PowerFET and IGBT Technologies

Employees: 1325 (Mar 2014)

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SCG Czech Design Center(Rožnov pod Radhoštěm)

Focus End Markets: Computing, Consumer, Power Supply, LED Lighting, Portable

Product Focus: Power Management, AC-DC Controllers & Regulators, Linear Voltage Regulators, Power Discretes

Employees: 234 (Mar 2014)

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ON Design Czech (Brno)

Focus End Markets: Automotive

Product Focus: Mixed-signal customer specific and application specific integrated circuits (ASICs and ASSPs)

Employees:116 (March 2014)