ON Semiconductor 1 Mar14 Confidential Proprietary ON Semiconductor

ON Semiconductor 1 • Mar-14 Confidential Proprietary

ON Semiconductor Today • • • Headquarters: Phoenix, AZ Employees: ~22, 000 globally Revenue: ~$2. 8 Bn(1) Market Capitalization: ~$4. 1 Bn(2) Ticker: ONNN Founded: Spun-off from Motorola 1999, IPO 2000 (1) 2013 revenue 2 • Mar-14 (2) According to NASDAQ - based on closing stock price on May 1, 2014 (3) Sector % based on 1 Q 14 results Confidential Proprietary

Diverse Segment and Regional Profile 1 Q 014 Revenue = $706. 5 M 3 • Mar-14 Confidential Proprietary

Successful Acquisitions Expand Solutions in Target Markets 4 • Mar-14 Confidential Proprietary

Automotive Segment 2013 Revenue = $751 M (27% of Company Revenue) Leading Positions: Powertrain, Body, Infotainment, Power Supplies, In-Vehicle Networking Engine Control Sensors • Rear / Exterior Lighting • Xenon/LED / Halogen Front lighting • Advanced Starter Alternator Transmission control Cluster illumination & Interior Lighting Infotainment Audio Systems Frontlighting Systems Growth Drivers ONNN Solutions Ø Fuel economy and emissions: start-stop alternators, GDI, HEVs, dual clutch, 6+ speed transmissions Ø Interior and exterior LED lighting Ø Engine and transmission control, sensor interface Ø Safety and convenience: LED lighting, door modules, Ø Power supplies, motor drivers, standard products Park Assist, Sensors, Infotainment, ADAS including IGBTs, Smart. FETs and protection Ø Drive by wire and motor control: EPS, pumps, fans Ø LIN, CAN, Flex. Ray transceivers for IVN 5 • Mar-14 Confidential Proprietary

Automotive Segment 2013 Revenue = $751 M (27% of Company Revenue) Leading Positions: Powertrain, Body, Infotainment, Power Supplies, In-Vehicle Networking Engine Control Sensors • Rear / Exterior Lighting • Xenon/LED / Halogen Front lighting • Advanced Starter Alternator Transmission control Market Outlook Ø Automotive semiconductor growth forecast to be >9% year on year Ø Emerging markets represent >50% of global vehicle sales Ø Fuel economy, safety, convenience and infotainment drive growth Ø HEVs / EVs drive ~5 X higher semiconductor content per vehicle in Powertrain electronics 6 • Mar-14 Cluster illumination & Interior Lighting Infotainment Audio Systems Frontlighting Systems Key Company Growth Drivers Ø Advanced LED Lighting ICs Ø Electric Power Steering, Electric Parking Brake, Park Assist ICs Ø Start-Stop ICs (u. Hybrid) Ø SMPS, Motor Driver ICs, IPMs Ø Angular, Pressure and Position Sensor Interface ICs Ø LIN, CAN, Flex. Ray Transceivers Ø MOSFETs, IGBTs, Protection Confidential Proprietary Customer Alignment

Automotive Content BOM Opportunity of up to $250 per Vehicle Fuel Economy & Emissions Reduction (Powertrain) • • Engine Control Transmission Ignition Sensor Interface Start – Stop 48 V/HEV/PHEV EV Body & Interior • LED Exterior • LED Interior • HID Front Lighting • Advanced Front (AFS) • Motor Control Active Safety • Electronic Power Steering • Park Assist • Dynamic Braking • Suspension • Advanced Driver Assistance • Body Computers & Gateways • HVAC • Door • Motor Control • Smart-Junction Box • Instrument Clusters • Bus Protection • Infotainment • Active Antenna 7 • Mar-14 Lighting Confidential Proprietary

Computing Segment 2013 Revenue = $445 M (16% of Company Revenue) Leading Positions: CPU and Graphics Power, MOSFETs, Protection, Power Supplies Desktop PC AIO Computer Channel Motherboard Graphics Card Market Outlook Ø Mature market slowed by macro economics and alternative consumer devices (tablets, etc) Ø Emerging markets driving category growth Ø Windows 8 and Ultrabooks expected to stimulate demand 8 • Mar-14 Notebook Ultrabook Key Company Growth Drivers Ø Vcore DC-DC PWM ICs (#1) Ø HFVR for Ultrabooks Ø Low Cap ESD for High Speed Serial Interfaces (USB 3. 0, HDMI) (#1) Ø DC-DC ICs for System / Memory Rails and POL in Servers Ø AC-DC ICs for Power Adapters in Computing (#1) Confidential Proprietary Entry Level Servers Customer Alignment

Communications Segment 2013 Revenue = $473 M (18% of Company Revenue) Leading Positions: Optical Imaging, Power Management, RF Tuning, Protection, MOSFETs Customer Premise Equipment Tablet Smartphone Enterprise Routers Base Station Growth Drivers ONNN Solutions Ø Rapid growth in smartphones and tablets Ø Auto Focus and OIS for camera modules Ø High resolution cameras (10+ megapixel) Ø ESD protection (#1), CMF, MOSFETs Ø Rapid and wireless battery charging Ø Battery and power management, power supplies Ø RF antenna tuning for 4 G LTE handsets Ø Sensors (light and proximity), clock and timing ICs 9 • Mar-14 Confidential Proprietary

Communications Segment 2013 Revenue = $473 M (18% of Company Revenue) Leading Positions: Optical Imaging, Power Supplies, Protection, MOSFETs Customer Premise Equipment Tablet Smartphone Base Station Market Outlook Ø Ubiquitous connectivity Ø “The Cloud” enables seamless content across disparate devices Ø Smartphones, Tablets and 4 G Network deployment drive growth Ø Economic uncertainty dampens near-term carrier investments 10 • Mar-14 Key Company Growth Drivers Ø Auto Focus and Optical Image Stabilization for cameras Ø Low Cap ESD Protection (#1) and Common Mode Filters Ø Battery Protection, Load and Switch MOSFETS Ø AC-DC and DC-DC Power ICs Ø Battery Charger ICs Ø Clock & Timing ICs Confidential Proprietary Enterprise Routers Customer Alignment

Consumer Segment 2013 Revenue = $529 M (19% of Company Revenue) Leading Positions: Inverter IPM, Power Supplies, Protection, Optical Imaging Backlighting Protection Power Supplies and Inverters Touch Interface Power Management Battery Management LCD Display Power Supplies AMOLED Display Motor Drive and Control Smart Grid Connectivity Growth Drivers Lens Control ONNN Solutions Ø High-efficiency variable speed motor adoption Ø Inverter IPMs for appliance motors and fans (#2) Ø High-efficiency power supplies Ø Power management and power supplies Ø Xbox One and Playstation 4 game consoles Ø Touch control, motor drivers, sensors Ø Wearable electronics Ø ESD for high speed interfaces (USB 3. 0, HDMI) (#1), MOSFETs, IGBTs 11 • Mar-14 Confidential Proprietary

Consumer Segment 2013 Revenue = $529 M (19% of Company Revenue) Leading Positions: Inverter IPM, Power Supplies, Protection, Optical Imaging Backlighting Protection Power Supplies and Inverters Touch Interface Power Management Battery Management LCD Display Power Supplies AMOLED Display Market Outlook Ø TV market has matured and OEM consolidation continues Ø “Smart”, “Connected” devices are changing the way consumers access content Ø Global focus on improving energy efficiency in appliances and TVs Ø Expect Flat Panel TVs to migrate from LED to AMOLED displays 12 • Mar-14 Motor Drive and Control Smart Grid Connectivity Key Company Growth Drivers Ø Inverter IPMs for Appliance Motors and Fans (#2) Ø LED Backlighting and AMOLED Display ICs Ø AC-DC Power Supply ICs Ø Low Cap ESD for High Speed Serial Interfaces (USB 3. 0, HDMI) (#1) Ø Battery Charger ICs, MOSFETs Confidential Proprietary Lens Control Customer Alignment

Industrial / Medical / Mil-Aero Segment 2013 Revenue = $557 M (20% of Company Revenue) Leading Positions: Power Supplies, Sensors, Circuit Protection, Medical Devices, LED Lighting, Power Modules Ingestible Diagnostics Hearing Devices Pacemakers LED Lighting Growth Drivers ONNN Solutions Ø High-efficiency power supplies and motors (VSDs) Ø Power modules (IPMs, PIMs) and power management Ø LED bulb prices breaking the <$10 barrier Ø Motor drivers and LED drivers Ø Smart buildings and the “Internet of Things” Ø DSPs, MCUs, sensors and communications Ø Wearable medical devices Ø Comprehensive standard products portfolio 13 • Mar-14 Confidential Proprietary

Industrial / Medical / Mil-Aero Segment 2013 Revenue = $557 M (20% of Company Revenue) Leading Positions: Power Supplies, Sensors, Circuit Protection, Medical Devices, LED Lighting Ingestible Diagnostics Hearing Devices Pacemakers LED Lighting Market Outlook Ø Energy and environmental legislation drive “smart grid” and LED Lighting adoption Ø Semiconductor content rapidly increasing in building automation Ø Transition to Mobile Health drives growth in medical devices 14 • Mar-14 Key Company Growth Drivers Ø IPMs for Industrial Motor Control and Power Supplies Ø Circuit Breaker ICs with Self-Test and Built-In Diagnostics Ø Sensor ICs (Image, Light, Occupancy, Smoke, etc) Ø Motor Driver and LED Driver ICs Ø ARM-based SOC and ingestible diagnostic ICs Confidential Proprietary Customer Alignment

Smart Grid Segmentation Smart Meters Distributed Sources of Energy (Solar) Applications Smart Home Applications Junction Boxes Solar Shingles Controller / Thermostat In Home Display Smart Meters Thin Film Panels Concentrating Solar Arrays Communications Modules for Smart Meters 15 • Mar-14 Inverters PV Panels Confidential Proprietary Smart Appliances Charging Stations

ON Semiconductor in the Czech Republic 16 • Mar-14 Confidential Proprietary

Historical background / 1 Year 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) 17 • Mar-14 Confidential Proprietary

Historical background / 2 Year 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 18 • Mar-14 Confidential Proprietary

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 Power. FET and IGBT Technologies Employees: 1325 (Mar 2014) 19 • Mar-14 Confidential Proprietary

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) 20 • Mar-14 Confidential Proprietary

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) 21 • Mar-14 Confidential Proprietary