1 © 2025 Arteris, Inc. November 4, 2025 Disclaimer This presentation and the accompanying oral presentation have been prepared by Arteris, Inc. ("Arteris" or "the "Company") for informational purposes only and not for any other purpose. Nothing contained in this presentation is, or should be construed as, a recommendation, promise or representation by the presenter or Arteris or any officer, director, employee, agent or advisor of Arteris. This presentation does not purport to be all-inclusive or to contain ...

Financial Performance - Revenue for Q3 2025 was $17.4 million, an increase of 18% year-over-year[6] - Annual Contract Value (ACV) plus royalties reached $74.9 million, up 24% year-over-year[6] - Remaining Performance Obligations (RPO) totaled $104.7 million, a 34% increase year-over-year[6] - Non-GAAP operating loss for Q3 2025 was $3.5 million, compared to a loss of $3.3 million in Q3 2024[6] - Net loss for Q3 2025 was $9.0 million, or $0.21 per share[6] - Non-GAAP free cash flow was positive at $2.5 million, representing 14% of revenue[6] - Estimated revenue for Q4 2025 is projected to be between $18.4 million and $18.8 million[7] - Full year 2025 revenue guidance is updated to between $68.8 million and $69.2 million[7] - Net loss for the nine months ended September 30, 2025, was $26,242 million, slightly higher than the $25,434 million loss in the same period of 2024[20] - Free cash flow for Q3 2025 was $2,471 million, compared to $1,093 million in Q3 2024, indicating a growth of 126%[32] - Net loss for Q3 2025 was $8,991 million, compared to a net loss of $7,687 million in Q3 2024, representing an increase in losses of 17%[30] - Non-GAAP net loss for the nine months ended September 30, 2025, was $11,826 million, down from $13,026 million in the same period of 2024, a decrease of 9%[30] Assets and Liabilities - Total assets increased to $107,737 million as of September 30, 2025, compared to $106,135 million on December 31, 2024, reflecting a growth of 1.51%[18] - Current liabilities rose to $66,772 million, up from $59,282 million, marking an increase of 12.56%[18] - Stockholders' deficit increased to $(11,449) million as of September 30, 2025, compared to $(1,188) million at the end of 2024, indicating a deterioration in equity position[18] Profitability Metrics - Gross profit for Q3 2025 was $15,642 million, up from $13,252 million in Q3 2024, representing a growth of 18%[30] - Non-GAAP gross profit for the nine months ended September 30, 2025, reached $46,223 million, compared to $38,594 million for the same period in 2024, an increase of 20%[30] - The company reported a gross margin of 90% for both Q3 2025 and Q3 2024, indicating stable profitability[30] Expenses - Research and development expenses for Q3 2025 were $12,648 million, compared to $11,923 million in Q3 2024, reflecting a rise of 6%[30] - Sales and marketing expenses increased to $6,850 million in Q3 2025 from $4,962 million in Q3 2024, marking a significant increase of 38%[30] - Non-GAAP research and development expenses for the nine months ended September 30, 2025, were $30,357 million, up from $27,645 million in 2024, an increase of 10%[30] Strategic Initiatives - Arteris expanded partnerships with companies like Altera and AMD, enhancing its product offerings[6] - The company joined the Ultra Accelerator Link Consortium (UALink) to support AI data movement in chiplets and SoCs[6] Performance Indicators - Annual Contract Value (ACV) metrics are used to assess the total fixed fees under customer agreements, indicating future revenue potential[26] - Confirmed Design Starts are tracked to evaluate customer activity in new semiconductor designs, serving as a growth indicator for future royalty revenues[27] - Remaining Performance Obligations (RPO) reached a significant level, representing contracted future revenue not yet recognized[28] - Non-GAAP net loss for the period provides a clearer view of operational performance, excluding stock-based compensation and amortization of acquired intangible assets[22] - The weighted-average shares used in computing net loss per share increased to 42,743,518 in Q3 2025 from 39,295,743 in Q3 2024, reflecting a growth of 6%[30]

Core Insights - Arteris, Inc. reported a record Annual Contract Value (ACV) plus royalties of $74.9 million for Q3 2025, representing a 24% increase year-over-year [2][7] - The company ended the quarter with Remaining Performance Obligations (RPO) of $104.7 million, up 34% year-over-year, marking the first time RPO exceeded $100 million in its history [2][7] - The CEO expressed confidence in long-term growth opportunities driven by expanding product portfolio and increasing demand in high-growth markets such as AI and autonomous driving [2] Financial Highlights - Revenue for Q3 2025 was $17.4 million, an 18% increase from Q3 2024 [7] - Non-GAAP operating loss for Q3 2025 was $3.5 million, compared to a loss of $3.3 million in Q3 2024 [7] - Net loss for Q3 2025 was $9.0 million, or $0.21 per share, compared to a net loss of $7.7 million, or $0.20 per share, in Q3 2024 [7][18] Business Highlights - Altera expanded its use of Arteris' IP products and licensed additional software products [7] - AMD ordered more licenses of Arteris technology following a previous multi-project license [7] - New customers in the automotive and industrial sectors were added, including Dream Chip and a leading automotive OEM [7] Guidance - For Q4 2025, Arteris expects ACV plus royalties to be between $74.0 million and $78.0 million [6] - Revenue guidance for FY 2025 is projected to be between $68.8 million and $69.2 million [6] - Non-GAAP operating loss for FY 2025 is estimated to be between $12.5 million and $13.5 million [6]

Core Insights - Arteris has licensed its comprehensive product portfolio to Altera for the development of next-generation FPGA and SoC FPGA solutions, enhancing design productivity, performance, and scalability across various applications [1][2][3] Company Overview - Arteris is a global leader in system IP for semiconductors, focusing on high-performance and power-efficient silicon creation, with its products used by top semiconductor and technology companies [4] Technology and Product Integration - The integration of Arteris' Ncore cache coherent interconnect IP, FlexGen smart NoC IP, and Magillem software will streamline assembly, optimize on-chip data movement, and accelerate the development of programmable architectures [2][3] - Arteris technology is essential for expediting the market introduction of innovative programmable solutions, allowing Altera to meet customer demands for power, performance, and scalability [3] Market Impact - The collaboration between Arteris and Altera is expected to enhance the efficiency of data movement and system-level automation, addressing coherent data processing needs for improved performance and reduced time-to-market [3]

Core Insights - Arteris, Inc. will release its financial results for Q3 2025 on November 4, 2025, after market close [1] - A conference call to discuss these results will be held on the same day at 4:30 PM ET [1] - The call will be accessible via a toll-free number for the United States and Canada, as well as an international toll number [1] Company Overview - Arteris is a global leader in system IP for semiconductors, focusing on accelerating the creation of high-performance and power-efficient silicon [3] - The company's products, including network-on-chip (NoC) interconnect IP and system-on-chip (SoC) integration automation software, are utilized by top semiconductor and technology firms [3] - Arteris aims to enhance overall performance, engineering productivity, reduce risk, lower costs, and expedite the market introduction of complex designs [3]

Core Insights - Arteris has announced that Axelera AI has licensed its FlexNoC 5 interconnect IP for the development of the Europa platform, which aims to enhance AI inference capabilities from edge to data center [1][2] - The Europa platform is designed to provide high-performance AI inference with custom-designed AI cores and efficient power management, supporting various AI frameworks and models [2][5] - FlexNoC 5 features physical awareness technology, which aids in optimizing the network-on-chip architecture and enhances the design process with real-time feedback [2][3] Company Overview - Arteris is a global leader in system IP for semiconductors, focusing on high-performance and power-efficient silicon solutions, utilized by top semiconductor and technology companies [4] - Axelera AI specializes in AI hardware acceleration technology for inference applications, including computer vision and generative AI, with its first-generation product being the Metis™ AI platform [5]

Core Insights - Arteris, Inc. has expanded its collaboration with Alibaba DAMO Academy's XuanTie to enhance high-performance computing adoption for various applications, including edge AI and automotive [1][4] - The partnership aims to accelerate chiplet and SoC design innovation, providing comprehensive and pre-verified SoC solutions that shorten development cycles and improve system performance [2][3] Company Collaboration - Since joining DAMO Academy's Wujian Alliance in 2024, Arteris and DAMO Academy have worked together to promote RISC-V industrialization, integrating Arteris' NoC interconnect IPs with XuanTie RISC-V CPU cores [2] - The integration and verification of multiple SoC reference designs, including XuanTie C908, C920, and C930 CPUs, have been completed, offering out-of-the-box solutions for faster deployment of RISC-V compute subsystems [3] Market Demand and Innovation - There is an increasing demand for high-performance semiconductors that meet software workload needs, with customers seeking more choices and optimized XPUs [4] - The collaboration is seen as crucial for advancing innovation while addressing the complexities and integration risks in SoC design, supporting global semiconductor innovation [4]

Core Insights - Arteris, Inc. has announced that 2V Systems has licensed its Ncore 3 and FlexNoC 5 interconnect IPs for use in a server IO chiplet designed for high-performance, cost-effective RISC-V-based SoCs aimed at AI workloads in data centers and cloud infrastructure [1][2][3] Company Overview - Arteris is a global leader in system IP for semiconductors, focusing on high-performance and power-efficient silicon creation, with its NoC interconnect IPs being utilized by top semiconductor companies to enhance performance and reduce costs [4] - 2V Systems, based in Singapore, specializes in designing high-performance, cost-effective RISC-V-based SoCs for data centers and cloud infrastructure, supported by a strong R&D team with extensive industry experience [5] Technology and Applications - The Arteris Ncore and FlexNoC IPs are designed to meet the high bandwidth, low latency, and low power requirements essential for AI workloads, serving as the data transport mechanism across chiplets in multi-die SoCs [2][3] - The deployment of Arteris technology by 2V Systems aims to facilitate central communication across multi-die SoCs, effectively integrating heterogeneous chiplets to meet the demands of AI data centers [3] Market Implications - The collaboration between Arteris and 2V Systems highlights the growing importance of advanced semiconductor capabilities in developing future AI solutions, with Arteris' technology enabling reduced costs, compressed development cycles, and differentiated AI performance [3]

Core Insights - Railtown AI Technologies has entered into an amalgamation agreement with AI Partnerships Corp, acquiring all outstanding shares of AIP in exchange for common shares of Railtown, marking a significant step towards creating a unique AI affiliate marketplace [1][11] - The partnership with DIGITAL aims to enhance collaboration and commercialization of Canadian AI solutions, addressing key barriers such as access to compute and customers for innovators [2][3][8] Transaction Details - Railtown will issue up to 50 million common shares to AIP shareholders at an exchange ratio of approximately 2.52 Railtown shares for each AIP share [11] - 40 million shares will be issued at a deemed price of $0.50 per share, representing 17.8% of the fully diluted post-transaction shares outstanding, with staged release over 18 to 36 months [5][11] - Additional 10 million performance shares will be issued into escrow, contingent on achieving recurring revenue milestones [5][11] Partnership with DIGITAL - The collaboration with DIGITAL will facilitate bi-directional referrals between DIGITAL members and AIP affiliates, enhancing collaboration and joint initiatives [6][7] - DIGITAL aims to accelerate the development and commercialization of Canadian digital technologies, contributing to a robust innovation ecosystem [7][17] Vision for AI Marketplace - Railtown's acquisition of AIP and the partnership with DIGITAL is aimed at establishing a "First of Its Kind" AI affiliate marketplace, connecting AIP affiliates to Railtown's resources and support [8][9] - The initiative is expected to drive scalable growth for Canadian AI companies by leveraging existing networks and infrastructure [9][10]

Core Insights - U.S. stocks exhibited mixed performance, with the Nasdaq Composite increasing by over 100 points on Monday [1] - Comerica Incorporated's shares surged 15.7% to $81.64 following the announcement of its acquisition by Fifth Third Bancorp for $10.9 billion [1] Company Performance - Critical Metals Corp. saw a significant increase in shares, jumping 78.8% to $14.27 after securing a $35 million securities purchase agreement [3] - Pioneer Ltd experienced a gain of 51.2%, reaching $7.18 [3] - Arteris, Inc. shares rose by 31.7% to $14.47 [3] - Advanced Micro Devices, Inc. surged 27.6% to $210.18 due to a multi-year partnership with OpenAI involving 6 Gigawatts of AMD GPUs and a warrant for up to 160 million shares [3] - Kopin Corporation's shares increased by 25.5% to $3.5391 following a $41 million PIPE financing announcement [3] - Sanmina Corporation rose 23.6% to $140.99 [3] - HIVE Digital Technologies Ltd. gained 23.2% to $5.48, with a 138% year-over-year increase in September Bitcoin output [3] - Eightco Holdings Inc. rose 21.1% to $9.98 [3] - Heidrick & Struggles International, Inc. jumped 19.8% to $58.31 after announcing a definitive agreement for acquisition valued at $1.3 billion [3] - Solid Power, Inc. increased by 19.4% to $5.16 [3] - UiPath Inc. rose 14.6% to $14.78 [3] - Diginex Limited gained 13.6% to $18.70 after completing the acquisition of Matter DK ApS [3] - Riot Platforms, Inc. rose 12.2% to $21.81, with an analyst maintaining an Overweight rating and raising the price target from $22 to $26 [3] - Eos Energy Enterprises, Inc. increased by 13.1% to $14.25 following a strategic partnership announcement with Unico [3] - IREN Limited jumped 10.6% to $55.84 [3] - Lumen Technologies, Inc. gained 10.3% to $7.24 [3] - Archer Aviation Inc. rose 9.9% to $12.72 [3]