Intel — Jan 30, 2025 release

Q1 2025 Outlook 1 Approximately GAAP gross margin percentage 33.8   % Acquisition-related adjustments 0.9  % Share-based compensation 1.3  % Non-GAAP gross margin percentage 36.0   % GAAP tax rate (32) % Income tax effects 44  % Non-GAAP tax rate 12   % GAAP earnings (loss) per share attributable to Intel—diluted $ (0.27) Acquisition-related adjustments 0.04  Share-based compensation 0.16  Restructuring and other charges 0.02  (Gains) losses from divestiture (0.01) Adjustments attributable to non-controlling interest (0.01) Income tax effects 0.07  Non-GAAP earnings (loss) per share attributable to Intel—diluted $ 0.00                1 Non-GAAP gross margin percentage and non-GAAP earnings (loss) per share attributable to Intel outlook based on the mid-point of the revenue range. Intel/Page 17 Intel Corporation Supplemental Reconciliations of Other GAAP to Non-GAAP Forward-Looking Estimates Set forth below are reconciliations of the non-GAAP financial measure to the most directly comparable US GAAP financial measure. These non-GAAP financial measures should not be considered a substitute for, or superior to, financial measures calculated in accordance with US GAAP, and the reconciliations should be carefully evaluated. Please refer to "Explanation of Non-GAAP Measures" in this document for a detailed explanation of the adjustments made to the comparable US GAAP measures, the ways management uses the non-GAAP measures, and the