Exhibit 99.1 Investor Contact: Robert Lahey robert.lahey@maxeon.com +1 (202) 246-1872 Media Contact: Anna Porta anna.porta@maxeon.com +39 345 7706205 Maxeon Solar Technologies Announces Fourth Quarter and Fiscal Year 2022 Financial Results --Record Gross Profit of $20 million in fourth quarter of 2022-- --Guiding Positive Adj. EBITDA in first quarter of 2023-- Singapore, March 8, 2023 – Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channel ...

Financial Data and Key Metrics Changes - Total shipments for Q3 2022 were 605 megawatts, representing a 16% sequential increase [28] - Revenue for Q3 2022 was $275 million, also a 16% sequential increase [29] - Non-GAAP gross income in Q3 was negative $16 million, an improvement of $8 million from Q2 [30] - Cash and short-term investments at the end of Q3 were $314 million, up from $180 million at the end of Q2 [35] - GAAP net loss for Q3 was $45 million, compared to $88 million in the previous quarter [35] Business Line Data and Key Metrics Changes - Distributed Generation (DG) sales in Q3 were up 25% year-over-year, benefiting from price increases and a higher mix of Maxeon six products [14] - ASPs (Average Selling Prices) increased in core EU markets, with modules integrated with power electronics accounting for over 60% of sales in Q3 [12] - Beyond the panel revenue grew sequentially in multiple markets including Belgium, Germany, Italy, the UK, and Australia [12] Market Data and Key Metrics Changes - In France, residential market share increased to over 20% in Q3, up from mid-teens in 2021 [15] - The company expects significant market share expansion in the US due to increasing demand for premium solar products and a decreasing number of alternative suppliers [11] - The US utility scale demand is projected to double over the next few years, driven by the extension of investment tax credits [21] Company Strategy and Development Direction - The company plans to focus on panel manufacturing capacity growth, US market expansion, and contributions from beyond the panel initiatives [7] - A new three-gigawatt solar cell and module factory is planned in the Southeastern United States, with an anticipated ramp-up in 2025 [23] - The company is evaluating strategies to expand Maxeon seven capacity to meet high demand in the US and EU residential markets [18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving positive gross margins in Q4 2022 and expects to reach at least 15% gross margins by the end of 2023 [39] - The company anticipates a sequential improvement in performance driven by contracted utility scale prices and strong DG pricing in the US and EU [40] - Management noted that underutilization charges are decreasing as production ramps up, indicating strong demand [58] Other Important Information - The company is working closely with the Department of Energy to secure financing for the new factory, with a total projected investment of over $1 billion [25] - The company is also focused on optimizing ASPs and leveraging supply chain efficiencies to improve margins [16] Q&A Session Summary Question: Can you talk about the ramp through 2022 and the ability to fill volume? - Management noted strong demand in the US utility space and that underutilization is operational, not due to lack of demand [52][57] Question: How should we think about the cadence of margins? - Management expects a ramp in contributions from beyond the panel products and improved ASPs in the second half of the year [61] Question: Can you provide an update on the IBC market and technology? - Management expressed confidence in their patent protection and ongoing innovation in IBC technology [70][72] Question: Any updates on forced labor prevention issues? - Management stated that customers feel comfortable with the current supply chain and that there are no anticipated issues with IBC products being shipped to the US [81] Question: Can you provide details on the billion dollars of CapEx? - Management clarified that the billion-dollar figure includes total project investment, not just CapEx, and specific timing for spending has not been disclosed [85][94] Question: What is the status of the CEO search process? - Management indicated that the search for a new CEO is ongoing, with no specific timeline disclosed [104]

3Q 2022 RESULTS SUPPLEMENTAL SLIDES NOVEMBER 10, 2022 1 | © 2021 Maxeon Solar Technologies moxeon SAFE HARBOR STATEMENT 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, including, but not limited to, statements regarding: (a) our expectations regarding pricing trends, demand and growth projections; (b) potential disruptions to our operations and supply chain t ...

Unaudited Condensed Consolidated Financial Statements INDEX TO FINANCIAL STATEMENTS We have related-party balances for transactions with TCL Zhonghuan Renewable Energy Technology Co. Ltd. (formerly known as Tianjin Zhonghuan Semiconductor Co., Ltd) ("TZE"), SunPower Corporation ("SunPower") and TotalEnergies SE and its affiliates ("TotalEnergies Group") as well as unconsolidated entities in which we have a direct equity investment. These related-party balances are recorded within the "Accounts receivable, n ...

Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) Q2 2022 Earnings Conference Call August 18, 2022 5:30 PM ET Company Participants Robert Lahey - Head of IR Jeff Waters - CEO Kai Strohbecke - CFO Conference Call Participants Donovan Schafer - Northland Capital Markets Philip Shen - ROTH Capital Partners Pavel Molchanov - Raymond James Kevin Pollard - Pickering Energy Partners Operator Good day, and thank you for standing by. Welcome to Maxeon Solar Technologies' Second Quarter 2022 Earnings Conference Call. At ...

Exhibit 99.1 Investor Contact: Robert Lahey robert.lahey@maxeon.com +1 (202) 246-1872 Media Contact: Anna Porta anna.porta@maxeon.com +39 345 7706205 Maxeon Solar Technologies Announces Second Quarter 2022 Financial Results --Record EU DG revenues, high-volume shipments commenced for US Utility-Scale-- -- Maxeon 7 ready to scale with funding secured -- | (In thousands, except shipments) | Fiscal Q2 2022 | | Fiscal Q1 2022 | | Fiscal Q2 2021 | | | --- | --- | --- | --- | --- | --- | --- | | Shipments, in MW ...

Start Time: 17:30 January 1, 0000 6:38 PM ET Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) Q1 2022 Earnings Conference Call May 26, 2022, 17:30 PM ET Company Participants Jeff Waters - CEO Kai Strohbecke - CFO Peter Aschenbrenner - Chief Strategy Officer Robert Lahey - IR Conference Call Participants Alex Vrabel - Bank of America Philip Shen - ROTH Capital Pavel Molchanov - Raymond James Kevin Pollard - Pickering Energy Partners Operator Good day, ladies and gentlemen, and welcome to the Maxeon Solar Techno ...

| --- | --- | --- | --- | |--------------------------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1Q 2022 RESULTS SUPPLEMENTAL SLIDES MAY 26, 2022 | | | | | | | | | 1 | © 2021 Maxeon Solar Technologies SAFE HARBOR STATEMENT This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding: (a) our expectations regarding pricing ...

[Q1 2022 Financial Results Overview](index=1&type=section&id=Maxeon%20Solar%20Technologies%20Announces%20First%20Quarter%202022%20Financial%20Results) [Management Commentary](index=1&type=section&id=Management%20Commentary) The CEO highlighted record performance in European Distributed Generation (DG), with module sales up over 75% year-over-year, and the successful first delivery of US Utility-Scale shipments, focusing on ramping Maxeon 6 and Performance line production to achieve profitability in 2023 despite ongoing supply chain challenges - Record DG performance in Europe with module sales up over **75% year-over-year** and the launch of the SunPower One ecosystem[2](index=2&type=chunk) - First US Utility-Scale module shipments were successfully delivered from Mexico facilities, with negotiations underway for 2024 deliveries[2](index=2&type=chunk) - The company's key strategic focus is on ramping up Maxeon 6 (to **500MW in H2 2022**) and Performance line capacity for the US market (fully ramped in H1 2023) to drive a return to profitability in 2023[3](index=3&type=chunk) [Q1 2022 Financial Highlights](index=1&type=section&id=Selected%20Q1%20Unaudited%20Financial%20Summary) In Q1 2022, Maxeon reported revenue of **$223.1 million**, a slight increase from Q4 2021 and a significant increase from Q1 2021, recording a GAAP Net Loss of **$59.1 million** and an Adjusted EBITDA of **-$33.6 million**, while shipments decreased quarter-over-quarter but increased year-over-year Selected Q1 2022 Unaudited Financial Summary | (In thousands, except shipments) | Fiscal Q1 2022 | Fiscal Q4 2021 | Fiscal Q1 2021 | | :--- | :--- | :--- | :--- | | **Shipments, in MW** | 488 | 577 | 379 | | **Revenue** | $223,081 | $221,479 | $165,417 | | **GAAP Gross (loss) profit** | $(12,964) | $(10,545) | $1,051 | | **GAAP Net loss attributable to the stockholders** | $(59,112) | $(73,332) | $(38,814) | | **Capital expenditures** | $21,682 | $37,393 | $10,958 | Other Financial Data (Non-GAAP & Adjusted EBITDA) | (In thousands) | Fiscal Q1 2022 | Fiscal Q4 2021 | Fiscal Q1 2021 | | :--- | :--- | :--- | :--- | | **Non-GAAP Gross (loss) profit** | $(12,542) | $(10,056) | $1,274 | | **Adjusted EBITDA** | $(33,590) | $(32,777) | $(23,520) | [Financial Outlook](index=3&type=section&id=Financial%20Outlook) [Second Quarter 2022 Guidance](index=3&type=section&id=Second%20Quarter%202022%20Outlook) For Q2 2022, the company projects revenue between **$215 million** and **$230 million**, with shipments expected to be in the range of **460 to 490 MW**, anticipating an Adjusted EBITDA loss of **$37 million** to **$47 million** and capital expenditures projected at **$20 million** to **$24 million** Q2 2022 Outlook | (In millions, except shipments) | Outlook | | :--- | :--- | | **Shipments, in MW** | 460 - 490 MW | | **Revenue** | $215 - $230 | | **Gross loss** | $15 - $25 | | **Non-GAAP gross loss** | $15 - $25 | | **Adjusted EBITDA** | $(37) - $(47) | | **Capital expenditures** | $20 - $24 | - Capital expenditures are primarily directed towards upgrading production to Maxeon 6 in Malaysia, purchasing equipment for the Performance line in the U.S., and developing Maxeon 7 technology[8](index=8&type=chunk) [Consolidated Financial Statements (Unaudited)](index=11&type=section&id=Consolidated%20Financial%20Statements%20(unaudited)) [Condensed Consolidated Balance Sheets](index=11&type=section&id=CONDENSED%20CONSOLIDATED%20BALANCE%20SHEETS) As of April 3, 2022, Maxeon's total assets were approximately **$1.1 billion**, up from **$1.06 billion** at the start of the quarter, while total liabilities increased significantly to **$845.6 million** from **$701.7 million**, primarily due to increases in convertible and short-term debt, consequently decreasing total equity from **$354.9 million** to **$254.2 million** Key Balance Sheet Items (As of April 3, 2022 vs. January 2, 2022) | (In thousands) | April 3, 2022 | January 2, 2022 | | :--- | :--- | :--- | | **Total current assets** | $604,005 | $533,120 | | **Total assets** | $1,099,807 | $1,056,543 | | **Total current liabilities** | $452,976 | $421,036 | | **Total liabilities** | $845,599 | $701,668 | | **Total equity** | $254,208 | $354,875 | [Condensed Consolidated Statements of Operations](index=13&type=section&id=CONDENSED%20CONSOLIDATED%20STATEMENTS%20OF%20OPERATIONS) For the first quarter ended April 3, 2022, the company generated revenue of **$223.1 million**, an increase from **$165.4 million** in the same period last year, though the gross loss widened to **$13.0 million** from a gross profit of **$1.1 million** year-over-year, and the net loss attributable to stockholders increased to **$59.1 million**, or **($1.45) per share**, compared to a net loss of **$38.8 million**, or **($1.14) per share**, in Q1 2021 Q1 2022 vs Q1 2021 Statement of Operations Highlights | (In thousands, except per share data) | Three Months Ended April 3, 2022 | Three Months Ended April 4, 2021 | | :--- | :--- | :--- | | **Revenue** | $223,081 | $165,417 | | **Gross (loss) profit** | $(12,964) | $1,051 | | **Operating loss** | $(50,374) | $(36,156) | | **Net loss attributable to the stockholders** | $(59,112) | $(38,814) | | **Net loss per share (Basic & Diluted)** | $(1.45) | $(1.14) | [Condensed Consolidated Statements of Equity](index=14&type=section&id=CONDENSED%20CONSOLIDATED%20STATEMENTS%20OF%20EQUITY) Total equity decreased from **$354.9 million** at the beginning of the period to **$254.2 million** as of April 3, 2022, primarily driven by the net loss of **$59.1 million** and a **$42.1 million** reduction from the adoption of accounting standard ASU 2020-06 - Total equity decreased from **$354.9 million** on January 2, 2022, to **$254.2 million** on April 3, 2022[31](index=31&type=chunk) - The primary drivers for the equity decrease were a net loss of **$59.1 million** and a **$42.1 million** reduction from the adoption of accounting standard ASU 2020-06[31](index=31&type=chunk) [Condensed Consolidated Statements of Cash Flows](index=16&type=section&id=CONDENSED%20CONSOLIDATED%20STATEMENTS%20OF%20CASH%20FLOWS) In Q1 2022, net cash provided by operating activities was **$14.7 million**, a significant improvement from the **$50.8 million** used in Q1 2021, with net cash used in investing activities at **$21.7 million** mainly for property and equipment purchases, and net cash provided by financing activities at **$22.5 million**, ending the quarter with **$176.7 million** in cash and cash equivalents Summary of Cash Flows (Three Months Ended) | (In thousands) | April 3, 2022 | April 4, 2021 | | :--- | :--- | :--- | | **Net cash provided by (used in) operating activities** | $14,685 | $(50,823) | | **Net cash used in investing activities** | $(21,693) | $(10,958) | | **Net cash provided by (used in) financing activities** | $22,476 | $(15,463) | | **Net increase (decrease) in cash, cash equivalents and restricted cash** | $15,532 | $(77,139) | | **Cash, cash equivalents and restricted cash, end of period** | $207,764 | $132,433 | [Supplementary Information and Non-GAAP Measures](index=3&type=section&id=Supplementary%20Information%20and%20Non-GAAP%20Measures) [Supplementary Information Affecting GAAP and Non-GAAP Results](index=3&type=section&id=Supplementary%20information%20affecting%20GAAP%20and%20Non-GAAP%20results) The company's cost of revenue was significantly impacted by polysilicon-related costs, including a **$7.4 million** incremental cost for above-market polysilicon contracts and an **$8.3 million** loss on ancillary sales of excess polysilicon in Q1 2022 Polysilicon Impact on Cost of Revenue (In thousands) | Item | April 3, 2022 | January 2, 2022 | April 4, 2021 | | :--- | :--- | :--- | :--- | | **Incremental cost of above market polysilicon** | $7,388 | $11,542 | $11,618 | | **Loss on ancillary sales of excess polysilicon** | $8,328 | $2,621 | $1,720 | [Use of Non-GAAP Financial Measures](index=8&type=section&id=Use%20of%20Non-GAAP%20Financial%20Measures) Maxeon uses non-GAAP measures such as non-GAAP gross profit, non-GAAP operating expenses, and Adjusted EBITDA to enhance transparency into its ongoing operating performance by excluding non-core operational items - The company uses non-GAAP measures to enhance comparability across reporting periods and with competitors by removing items not associated with core operations[19](index=19&type=chunk) - Key adjustments to arrive at non-GAAP figures include stock-based compensation, restructuring charges, remeasurement loss/gain on prepaid forward, impairment, and equity in losses of unconsolidated investees[20](index=20&type=chunk)[22](index=22&type=chunk) [Reconciliation of Non-GAAP Financial Measures](index=10&type=section&id=Reconciliation%20of%20Non-GAAP%20Financial%20Measures) The company provides a detailed reconciliation from GAAP to non-GAAP figures, where the Q1 2022 GAAP Net Loss of **$59.1 million** was reconciled to an Adjusted EBITDA of **-$33.6 million** through adjustments for depreciation, interest, taxes, and other non-cash or non-core operational items Reconciliation of GAAP Net Loss to Adjusted EBITDA (Q1 2022, in thousands) | Line Item | Amount | | :--- | :--- | | **GAAP Net loss attributable to the stockholders** | $(59,112) | | Interest expense, net | $4,786 | | Provision for income taxes | $825 | | Depreciation | $12,898 | | Amortization | $90 | | **EBITDA** | **$(40,513)** | | Stock-based compensation | $2,697 | | Restructuring charges (credits) and fees | $768 | | Remeasurement loss (gain) on prepaid forward | $397 | | Equity in losses of unconsolidated investees | $3,061 | | **Adjusted EBITDA** | **$(33,590)** | [Other Information](index=5&type=section&id=Other%20Information) [Forward-Looking Statements](index=5&type=section&id=Forward-Looking%20Statements) The press release contains forward-looking statements regarding pricing, demand, product launches, strategic plans, and financial guidance, which are subject to substantial risks and uncertainties including supply chain disruptions, competition, and regulatory changes - The report includes forward-looking statements concerning future performance, strategy, product ramps (Maxeon 6, 7, Performance line), and Q2 2022 guidance[13](index=13&type=chunk)[14](index=14&type=chunk) - These statements are subject to significant risks and uncertainties, and readers are cautioned not to place undue reliance on them; a detailed discussion of risk factors is available in the company's SEC filings[16](index=16&type=chunk) [Conference Call Information](index=5&type=section&id=Conference%20Call%20Details) The company scheduled a conference call for May 26, 2022, to discuss the first quarter 2022 financial results and provide a business update, with dial-in details and webcast information provided for interested parties - A conference call to discuss Q1 2022 results was scheduled for May 26, 2022, at 5:30 PM U.S. ET[11](index=11&type=chunk)

4Q 2021 RESULTS SUPPLEMENTAL SLIDES March 24, 2022 © 2022 Maxeon Solar Technologies SAFE HARBOR STATEMENT This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding: (a) our expectations regarding pricing trends, demand and growth projections; (b) potential disruptions to our operations and supply chain that may result from epidemics, natural disasters or military conflicts, including t ...