Maxim’s Factory Automation Business UpdateSui Shieh, General Manager, Industrial & Health Care

June 1, 2018

Safe Harbor

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This presentation contains forward-looking statements within the meaning of Section 27A of the

Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

These forward-looking statements include, without limitation, the Company’s projections and statements

regarding revenue, gross margin, earnings per share, capital expenditures and other financial and business

metrics. These statements involve risks and uncertainties that could cause actual results to differ

materially from expectations. Please refer to the Company’s Annual Report on Form 10-K for the fiscal

year ended June 24, 2017 for a description of some of the risk factors that could cause actual results to

differ materially from such forward-looking statements.

All forward-looking statements included in this presentation are made as of the date hereof and based on

the information available to the Company as of the date hereof. The Company assumes no obligation to

update any forward-looking statement.

Industrial Has Led Total Analog Growth

6

7

8

9

10

11

12

13

14

2012 2013 2014 2015 2016 2017

Analog Industrial TAM [$B]

Calendar YearSource: WSTS

11%5-YEAR CAGR

3

Factory Automation is the Largest Market Within Industrial

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Factory Automation

Building & Home

Power & Energy

Medical

Test, Security,

Video

Other

2017 Industrial Analog TAM: $13.5B

Source: WSTS, IHS, Maxim

$3.6B

China’s “Industrial Upgrade” is a Secular Tailwind

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Source: Deutsche Bank

Numerical Control Ratio, i.e. % of machine tools automated

0%

25%

50%

75%

100%

1970 2005 2040

Japan

China

1991 2040

1976 2015

Factory Automation is a Key Revenue Driver for Maxim

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$245$260

$305

CY 2015 CY 2016 CY 2017

Factory Automation Revenue [$M]

Industrial Automation Markets of InterestControllers | Sensors | Robots

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INDUSTRIAL CONTROLLERS

INDUSTRIAL SENSORS INDUSTRIAL ROBOTS

14MUnits, 2017

10%5-year CAGR

91MUnits, 2017

10%5-year CAGR

350KUnits, 2017

15%5-year CAGR

Source: Semicast, International Federation of Robotics (IFR)

TEMPERATUREPRESSURE POSITIONFLOW

Modern Factory Network

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EDGE LAYER

CONTROL LAYER

SUPERVISORY LAYER

MANAGEMENT LAYER

MAXIM CONTENT

Industrial Controllers Are Getting Smaller and More Complex

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Room Size Industrial ControllersCirca 1970

Compact PLCsToday

Increasing IO Channel Density

Increasing Maxim Opportunity With Higher I/O Density

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2XInputs and

Outputs

16-chDigitalInput

8-chDigitalOutput

8-chAnalog Input

4-chAnalog Output

4-chSerial

INDUSTRIAL CONTROLLER8-ch

DigitalInput

4-chDigitalOutput

4-chAnalog Input

2-chAnalog Output

2-chSerial

Power Module & CPU

INDUSTRIAL CONTROLLERPower

Module & CPU

Key Maxim Technologies in Factory Automation

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Input/Output

Serial Transceivers

Isolation

INTERFACE

DC-DC Converters

Power Modules

Protection

INDUSTRIAL POWER

“Maxim Himalaya DC-DC converters’ 60V input and low thermal dissipation

help us consistently meet reliability and standards requirements.”

“MAX14827A dual IO-Link transceiver has been adopted by Omron. The high-performing device … utilizes IO-Link sensors to

reduce maintenance and increase uptime.”

Increasing Maxim Opportunity With Higher I/O Density

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2XContent

for Maxim

Industrial Power

Integrated Digital IO w/ diagnostics

Serial Transceivers – IO-Link, RS485

Analog Processing

Isolation

Industrial Power

Serial Transceivers

Analog Processing

Optocouplers

Discrete Digital IOs

2XInputs and

Outputs

16-chDigitalInput

8-chDigitalOutput

8-chAnalog Input

4-chAnalog Output

4-chSerial

INDUSTRIAL CONTROLLER8-ch

DigitalInput

4-chDigitalOutput

4-chAnalog Input

2-chAnalog Output

2-chSerial

Power Module & CPU

INDUSTRIAL CONTROLLERPower

Module & CPU

10%Unit CAGR

Growth

+

Maxim’s Technology Platform in High-Performance Power

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High Functional Integration Small Size High Efficiency

High-Performance Power

Maxim’s Technology Dramatically Reduces System Size

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Power solutions used In industrial systems

2.6 mm x 3 mm package

Reducing size of the power subsystem through integration

Maxim’s Technology Enables Cooler Operation

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Industrial IO Link Transceiver Example

7.5mm2

Maxim’s Technology Delivers 80% Lower Heat Dissipation

MAX148286.25mm2

FOOTPRINT THERMAL IMAGE

Competitor

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Note: Logos are the property of their respective trademark owners

Global Industrial Controller Suppliers

Industrial Sensors Are Getting Smaller and More Capable

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2009 miniTwin

Photos courtesy of SICK AG

1991 AGS1964 LVU 2001 C4000

40mm x 48mm260mm x 175mm 15mm x 32mm105mm x 90mm

Size reduced 100XHigher Resolution

Faster Response Time

New Industrial Sensors Need More Maxim Technology

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SIMPLE SENSOR INTELLIGENT, CONNECTED SENSOR

Sen

sin

g El

emen

t

Power - LDO

Analog Signal Chain

Sen

sin

g El

emen

t

Power – DC/DC & LDO

Analog Signal Chain

IO-LinkBinary Output

1.5XContent

for Maxim

10%Unit CAGR

Growth

+

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Note: Logos are the property of their respective trademark owners

Global Sensor Suppliers

Maxim’s History of Leadership in Serial Interface Standards

RS-232 ProfibusRS-485 IO-Link

MAX232Industry’s First

Integrated RS232 transceiver

MAX1485Industry’s Smallest,

Lowest PowerRS485 transceiver

MAX14770EIndustry's Highest

ESD-Protected PROFIBUS-DP

Transceiver

MAX14828Industry's Lowest-Power, Ultra-Small,

Robust IO-Link Transceiver

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IO-Link is Becoming the “USB” of Industrial Sensors

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0.2 0.4 0.71.3

2.2

3.6

5.3

8.1

0

5

10

15

2010 2017

IO-Link Installed Base [Mu]

Source: Profibus Group

INDUSTRIAL CONTROLLER

INDUSTRIALSENSORS

FIELDBUS

Robot Shipments Expected to Grow at 15% CAGR

346

694

2017E 2018F 2019F 2020F 2021F 2022F

KU

KU15% CAGR

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Source: IFR, Maxim

Analog Signal Chain

High-Speed Interfaces

Industrial Power

MAXIM TECHNOLOGY STRENGTHS

New Design Wins in Factory Automation

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Cadence of new design wins in Factory Automation:

15% CAGRCY 2012 – 2017

Key Takeaways

Industry has decades of runway in Factory Automation deployment

Annual units growing at 10%+ CAGR• ~15M Controllers

• ~100M Sensors

• ~350k Robots

Maxim content growing at leading edge:• 2X with controller complexity

• 1.5X with smarter, connected sensors

• New opportunities in industrial robots

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Empowering Design Innovation

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