Core Viewpoint - Nova, a leading provider of advanced metrology and process control solutions in semiconductor manufacturing, is set to release its financial results for Q3 2025 on November 6, 2025, before the Nasdaq market opens [1][4]. Conference Call Details - The conference call to discuss the Q3 2025 financial results will be hosted by Gaby Waisman, President and CEO, and Guy Kizner, CFO, on November 6, 2025, at 8:30 a.m. Eastern Time [2]. - Participants can join the call by dialing specific toll-free numbers or the international dial-in number, with a live webcast also available [3]. Company Overview - Nova specializes in providing material, optical, and chemical solutions for advanced metrology and process control in semiconductor manufacturing, focusing on high-performance metrology solutions [4]. - The company aims to enhance performance, improve product yields, and accelerate time to market for its customers through innovative solutions [4].

Group 1 - Nova (NVMI) is experiencing a breakout past its latest buy point, aiming to add to its nearly 49% advance in 2025, making it a stock to watch [1] - Nova, based in Israel, specializes in advanced metrology and process control solutions for semiconductor manufacturing [1] - The stock market is showing renewed technical strength, with Nova's IBD RS Rating rising to 83, indicating improved performance [4] Group 2 - Chip gear stocks, including Nova, are rising due to an improved outlook, with some receiving price-target hikes [4] - Nova has joined an elite list of stocks with a composite rating of 95 or higher, reflecting strong overall performance [4] - The overall market is showing positive trends, with major indexes finishing near session highs, indicating a favorable environment for stocks like Nova [4]

Core Viewpoint - Nova intends to offer $500 million of 0.00% Convertible Senior Notes due 2030 in a private offering to qualified institutional buyers, with an option for an additional $75 million [1][2] Group 1: Offering Details - The Notes will be senior, unsecured obligations of Nova, maturing on September 15, 2030, and will not bear regular interest [2] - The initial conversion price and other terms will be determined at the time of pricing [2] - The Notes will be convertible into cash, ordinary shares, or a combination thereof, with the form of consideration determined at Nova's election [2] Group 2: Redemption and Repurchase - Nova may redeem the Notes under certain conditions, including tax-related events and if the share price exceeds 130% of the conversion price for a specified period [3] - In the event of a 'fundamental change,' noteholders may require Nova to repurchase their Notes for cash at the principal amount plus any accrued interest [4] Group 3: Capped Call Transactions - Nova plans to enter into capped call transactions to cover the number of shares underlying the Notes, which will help reduce potential dilution upon conversion [5] - The Option Counterparties may engage in derivative transactions that could affect the market price of Nova's ordinary shares and the Notes [6][7] Group 4: Use of Proceeds - A portion of the net proceeds from the Offering will be used to pay for capped call transactions, with the remainder allocated for general corporate purposes, including potential mergers and acquisitions [8] Group 5: Company Overview - Nova is a leading provider of advanced metrology and process control solutions in semiconductor manufacturing, delivering high-performance solutions for effective process control [11] - The company is traded on Nasdaq under the ticker symbol NVMI [12]

Financial Performance & Growth - Nova's revenue has grown significantly from $269 million in 2020 to $672 million in 2024[9], outperforming the industry's growth rate[9] - Q2 2025 saw record revenue with a 40% year-over-year increase, along with record profitability and revenue from Foundry/Logic and chemical metrology[14] - The company has $856 million in cash reserves[14] - Nova is targeting double-digit annual growth[42] Market & Technology - The AI-driven market presents multiple growth engines, with revenue CAGR (2024-2029) of 44% for Advanced Logic, 17% for Advanced Memory, and 32% for Advanced Packaging[16] - Metrology opportunities are increasing due to device inflections in Logic (FinFET, GAA, GAA+BPD) and Memory (2D/3D DRAM, 3D NAND)[18] - Advanced Packaging TAM is projected to grow, with metrology opportunities in dimensional and chemical analysis[30] Strategy & Operations - Nova has a global presence with 4 R&D and Production Centers and 31 sites[31] - The company invests heavily in R&D, targeting 15%-17% of annual revenue[48] - Nova aims for a financial target model with 57%-60% gross margin and 28%-33% operating margin[54] Service Business - Service revenue is growing, with a CAGR of 22% from 2020-2024[43, 46] - The installed base has increased from 3000 in 2020 to 6400 in 2024[43] - Service profitability has improved from 38% in 2020 to 46% in 2024[44]

Nova Investor Presentation May 2025 1 © Nova confidential & proprietary information Use of Non-GAAP Adjusted Financial Measures This presentation provides financial measures that exclude amortization of acquired intangible assets, acquisition-related expenses, inventory step-up and contingent consideration revaluation, stock-based compensation expenses, revaluation of operating lease liabilities and remeasurement of intercompany loans, amortization of debt discount and issuance costs and tax effect of non-G ...

Core Insights - Nova has published its second Sustainability Insight Report, detailing its sustainability strategy, vision, goals, and progress since the 2022 Insight Review [1][2] Group 1: Sustainability Achievements - The report highlights Nova's commitment to sustainability, governance, and social responsibility, with updated goals focusing on environmental and social impacts that enhance business performance [2] - Key achievements include 88% renewable energy usage and a significant reduction in scope 1 and 2 greenhouse gas emissions from a 2022 baseline [2] - The company reported a 35% internal mobility rate, a professional certification program for customer service, and a 148% increase in employee volunteering hours from a 2022 baseline, indicating high employee engagement and productivity [2] Group 2: Business Performance and Market Position - Nova's President & CEO stated that environmental, governance, and social priorities are vital for business performance, with significant progress made in 2024 [3] - The company expanded into the advanced packaging market, increased growth in dimensional metrology solutions, and achieved record revenues in materials and chemical metrology solutions [3] - The report was developed in accordance with the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB) guidelines, and the United Nations Sustainable Development Goals (SDGs) [3] Group 3: Company Overview - Nova is a leading innovator in metrology and process control solutions for semiconductor manufacturing, providing high-performance solutions that enhance product yields and accelerate time to market [4] - The company's product portfolio combines high-precision hardware and cutting-edge software, offering deep insights for semiconductor manufacturers [4] - Nova is publicly traded on Nasdaq and TASE under the ticker symbol NVMI [5]

Core Insights - Nova, a leading provider of advanced metrology and process control solutions for semiconductor manufacturing, will release its Q1 2025 financial results on May 8, 2025, before the Nasdaq market opens [1][4]. Conference Call Details - The conference call to discuss the financial results will be hosted by Gaby Waisman, President and CEO, and Guy Kizner, CFO, at 8:30 a.m. Eastern Time on May 8, 2025 [2]. - Participants can join the call by dialing specific toll-free numbers or the international dial-in number, with a live webcast also available [3]. Company Overview - Nova specializes in material, optical, and chemical solutions for advanced metrology and process control in semiconductor manufacturing, providing high-performance solutions that enhance product yields and accelerate time to market [4]. - The company is traded on Nasdaq and TASE under the ticker symbol NVMI [5].