GLOBALFOUNDRIES $GFS Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $1.90B (Est. $1.89B) 🟢; +13% YoY 🔹 Adj. EPS: $0.53 (Est. $0.50) 🟢; +29% YoY 🔹 Adj. EBITDA: $647M (Est. $623M) 🟢 🔹 Adj. Gross Margin: 31.4% (Est. 30.4%) 🟢; +540 bps YoY Q4 Guide: 🔹 Revenue: $2,000M ± $25M (Est. $2B) 🟡 🔹 Adj. EPS: $0.59 ± $0.05 (Est. $0.56) 🟡 🔹 Adj. Gross Margin: 31.5% ± 100 bps (Est. 30.7%) 🟢 Announcements: 🔹 U.S.-Japan Fabs: Up to $21B funding; ~$10B initial investment; capacity in 2029 🔹 TSMC Agreement: $2B multi-year manufacturing agreement for silicon interposers 🔹 CHIPS Act: $955M of incentives reallocated for advanced manufacturing Other Q3 Metrics: 🔹 Wafer Shipments: 647 thousand; +7% YoY 🔹 Net Income: -$270M 🔹 Adj. Free Cash Flow: $136M Capital Return: 🔹 Dividend: $0.12/share 🔹 Share Repurchases: $100M Comments: 🔸 “record non-IFRS gross margin reflecting a richer mix of business across high-value, high-growth AI applications”