Connectivity Solutions Innovative Solutions Tailor Made Solutions 字 0 Off-the-shelf Products Investor Presentation April 29, 2021 2 Safe Harbor Guidelines & Legal Notes The information presented today contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements may include, but are not limited to, anticipated future financial and operating results and Silicom's outlook and prospects. Those statements are based on management's current beliefs, expect ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Date of event requiring this shell company report.……………… For the transition period from to Commission File number: 000-23288 WASHINGTON, D.C. 20549 SILICOM LTD. FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 Or ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 Or (Exact name of Registrant as specified in its charter and ...

onnectivity Solutions Innovative Solutions Tailor Made Solutions 13 0 Off-the-shelf Products Investor Presentation January 28, 2021 2 Safe Harbor Guidelines & Legal Notes The information presented today contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements may include, but are not limited to, anticipated future financial and operating results and Silicom's outlook and prospects. Those statements are based on management's current beliefs, expe ...

Financial Data and Key Metrics Changes - The company reported revenue of $33.9 million for Q4 2020, a 33% increase year-over-year and a 19% increase sequentially [8][40] - Net income for the quarter was $4 million, representing a 29% increase compared to Q4 2019 and a 36% increase from the previous quarter [9][46] - Earnings per diluted share were $0.56, a 37% increase year-over-year [47] - The company ended the quarter with over $76 million in net cash and no debt [9][48] Business Line Data and Key Metrics Changes - The geographical revenue breakdown showed North America at 61%, Europe and Israel at 33%, and the Far East and the rest of the world at 6% [41] - The company experienced a significant demand for Smart Cards and CPE devices due to trends in cloud services and disaggregation [16][17] Market Data and Key Metrics Changes - The company noted that its top three customers accounted for about 35% of revenues over the last 12 months [41] - The ongoing trends in cloud services and disaggregation are expected to drive significant growth in the networking market [21][22] Company Strategy and Development Direction - The company has focused its R&D investments on cloud-related trends, disaggregation, and decoupling, which have shown positive results [11][12] - The strategy includes targeting the mobile 4G/5G infrastructure market through O-RAN standards, which presents substantial opportunities [18][21] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's positioning for 2021 and beyond, expecting revenues between $120 million and $130 million, representing a 17% year-over-year growth at the midpoint [35][36] - The company acknowledged challenges related to supply chain constraints but is taking proactive measures to mitigate these issues [51][57] Other Important Information - The company took a one-time $1.7 million impairment charge to its cost of sales due to strategic focus adjustments [43] - The company executed a $15 million share buyback plan, purchasing approximately 111,000 shares at a total cost of $4.2 million during Q4 [48] Q&A Session Summary Question: Supply constraints and resolution - Management acknowledged the unusual supply constraints and outlined steps taken to mitigate the impact, including early orders and collaboration with customers [50][52][54] Question: Guidance on exchange rates and R&D investments - Management indicated that while R&D investments are increasing, they are focused and strategic, with an anticipated effective tax rate of approximately 15% for 2021 [58][66] Question: SD-WAN project ramp-up - Management confirmed that one SD-WAN project is still not ramping up, but new design wins are expected to contribute to revenue growth [75][77] Question: Future capital allocation plans - Management stated that future capital allocation decisions will be made closer to the end of the current buyback program [96] Question: Expectations for 5G and SD-WAN deployments - Management expressed confidence in achieving additional design wins in both 5G and SD-WAN markets, supported by a strong pipeline [97]

Silicom Ltd. (NASDAQ:SILC) Q3 2020 Earnings Conference Call October 29, 2020 9:00 AM ET Company Participants Kenny Green - GK, Investor Relations Shaike Orbach - Chief Executive Officer Eran Gilad - Chief Financial Officer Conference Call Participants Alex Henderson - Needham & Company Operator Ladies and gentlemen, thank you for standing by. Welcome to the Silicom's Third Quarter 2020 Results Conference Call. All participants are present in listen-only mode. Following managementÂ's formal presentation, ins ...

Investor Presentation October 29, 2020 Safe Harbor Guidelines & Legal Notes The information presented today contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements may include, but are not limited to, anticipated future financial and operating results and Silicom's outlook and prospects. Those statements are based on management's current beliefs, expectations and assumptions, which may be affected by subsequent business, political, environmenta ...

Silicom Ltd (NASDAQ:SILC) Q2 2020 Earnings Conference Call July 29, 2020 9:00 AM ET Company Participants Ehud Helft – GK Investor Relations Shaike Orbach – Chief Executive Officer Eran Gilad – Chief Financial Officer Conference Call Participants Alex Henderson – Needham and Company Harris Leviton – Private Investor Operator Ladies and gentlemen, thank you for standing by. Welcome to the Silicom Second Quarter 2020 Results Conference Call. All participants are present in listen-only mode. Following managemen ...

Financial Performance & Growth - The company has a consistent performance with 62 quarters (15 years) of continuous profitability[11] - Revenues have increased by X5 (CAGR – 18%) in the last ten years[11] - Operating Profit has increased by X5.5 (CAGR – 19%) in the last ten years[11] - In Q2 2020, revenues were $23.0 million, with a gross profit of $7.8 million (34.0% of revenues), operating income of $2.0 million (8.5% of revenues), and net income of $1.8 million (8.0% of revenues)[33] - In 2019, revenues were $105.2 million, with a gross profit of $36.5 million (34.7% of revenues), operating income of $12.6 million (11.9% of revenues), and net income of $12.5 million (11.9% of revenues)[35] Market Position & Strategy - The company is a leading provider of Data Center & Edge Computing solutions[5] - The company has over 400 active Design Wins with 170+ customers[13] - Cyber Security accounts for 32% of the last twelve months revenues, Network Appliances 25%, and Platforms/Infrastructure 27%[15] - North America accounts for 70% of global markets, EMEA 23%, and APAC 7%[15] Balance Sheet - The company has a strong balance sheet with $93 million in cash and no debt[11]

Financial Data and Key Metrics Changes - Revenue for Q1 2020 was reported at $22.2 million, a decrease of 26.4% from $30.2 million in Q1 2019, and aligned with the updated guidance of $21 million to $22 million [8][19] - Gross profit for Q1 2020 was $7.3 million, resulting in a gross margin of 33%, compared to a gross profit of $10.3 million and a gross margin of 34.1% in Q1 2019 [20] - Operating income decreased to $1.6 million in Q1 2020 from $4.4 million in Q1 2019, while net income was $2.3 million or 10.3% of revenues, down from $4 million or 13.3% in the previous year [20] - Earnings per diluted share were $0.31, compared to $0.52 in Q1 2019 [20] - As of March 31, 2020, the company had $79.9 million in cash and cash equivalents, with no debt, equating to $11.05 per outstanding share [21] Business Line Data and Key Metrics Changes - The company reported a strong focus on Edge compute units and FPGA solutions, which are expected to drive future growth [13][18] - A significant purchase order of $15 million for the Intelligent Bypass unit was received from a major systems integrator, indicating ongoing demand for traditional products [11][12] Market Data and Key Metrics Changes - Geographical revenue breakdown showed North America contributing 70%, Europe and Israel 23%, and the Far East and rest of the world 7% [19] - The company noted that its top three customers accounted for approximately 35% of revenues over the last 12 months [19] Company Strategy and Development Direction - The company is focusing on providing full solutions that integrate Edge compute units with FPGA and other offloading solutions, which is seen as a unique capability in the market [13][14] - Management emphasized the importance of the Telco space and the growing interest from customers in integrated hardware solutions [14][15] - The company is optimistic about long-term growth opportunities, particularly in Edge-related business and FPGA solutions for cloud and Telco data centers [18] Management Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by the COVID-19 pandemic, particularly in supply chain disruptions and logistics, but noted that demand has not decreased [22][24] - The company refrained from issuing guidance for Q2 2020 due to limited visibility but expressed optimism for a return to growth once pandemic-related disruptions subside [16][18] - Management highlighted the strategic potential of the new relationship with the major systems integrator, which could lead to further opportunities in government projects [12][43] Other Important Information - The company authorized a new share repurchase plan of up to $15 million, with approximately $13 million already spent on repurchasing shares in the previous plan [17] - The company reported a sequential decline in operating expenses, attributed to reduced travel costs due to the pandemic [32][34] Q&A Session Summary Question: Supply and logistics pressures due to COVID-19 - Management indicated that most issues experienced were related to supply chain delays, particularly from vendors in quarantine, and not a reduction in demand [22][24] Question: Expectations for supply constraints in the June quarter - Management noted that while supply constraints persist, it is unclear if conditions will worsen or improve in the upcoming quarter [25][26] Question: Gross margin dip in the March quarter - The dip was attributed mainly to a change in product mix, with more Edge products sold, rather than increased costs [29] Question: Update on SD-WAN demand - Management reported an increase in demand for low-end devices due to work-from-home initiatives, while higher-end units saw a decline [37] Question: Timing for shipping the $15 million order - Shipments are expected to begin in Q3 2020, contingent on resolving supply chain issues [42] Question: Stock buyback details - The company repurchased approximately $5 million in stock during Q1 2020, with an average cost of $30 per share [44][71] Question: Future demand outlook - Management expressed uncertainty about the timing of demand recovery but noted that demand has not disappeared [52]

Investor Presentation April 30, 2020 Safe Harbor Guidelines & Legal Notes The information presented today contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements may include, but are not limited to, anticipated future financial and operating results and Silicom's outlook and prospects. Those statements are based on management's current beliefs, expectations and assumptions, which may be affected by subsequent business, political, environmental, ...