1 Mar-14Confidential Proprietary ON Semiconductor

2 Mar-14Confidential Proprietary Headquarters: Phoenix, AZ Employees: ~22,000 globally Revenue: ~$2.8Bn (1) Market Capitalization: ~$4.1Bn (2) Ticker: ONNN Founded: Spun-off from Motorola 1999, IPO 2000 ON Semiconductor Today (1) 2013 revenue (2) According to NASDAQ - based on closing stock price on May 1, 2014 (3) Sector % based on 1Q14 results

3 Mar-14Confidential Proprietary Diverse Segment and Regional Profile 1Q014 Revenue = $706.5M

4 Mar-14Confidential Proprietary Successful Acquisitions Expand Solutions in Target Markets

5 Mar-14Confidential Proprietary Infotainment Audio Systems Advanced Frontlighting Systems Xenon/LED / Halogen Front lighting Cluster illumination & Interior Lighting Rear / Exterior Lighting Engine Control Transmission control Sensors Starter Alternator Leading Positions: Powertrain, Body, Infotainment, Power Supplies, In-Vehicle Networking ONNN Solutions  Interior and exterior LED lighting  Engine and transmission control, sensor interface  Power supplies, motor drivers, standard products including IGBTs, SmartFETs and protection  LIN, CAN, FlexRay transceivers for IVN Automotive Segment 2013 Revenue = $751M (27% of Company Revenue) Growth Drivers  Fuel economy and emissions: start-stop alternators, GDI, HEVs, dual clutch, 6+ speed transmissions  Safety and convenience: LED lighting, door modules, Park Assist, Sensors, Infotainment, ADAS  Drive by wire and motor control: EPS, pumps, fans

6 Mar-14Confidential Proprietary Infotainment Audio Systems Advanced Frontlighting Systems Xenon/LED / Halogen Front lighting Cluster illumination & Interior Lighting Rear / Exterior Lighting Engine Control Transmission control Sensors Starter Alternator Customer Alignment Leading Positions: Powertrain, Body, Infotainment, Power Supplies, In-Vehicle Networking Key Company Growth DriversMarket Outlook  Automotive semiconductor growth forecast to be >9% year on year  Emerging markets represent >50% of global vehicle sales  Fuel economy, safety, convenience and infotainment drive growth  HEVs / EVs drive ~5X higher semiconductor content per vehicle in Powertrain electronics  Advanced LED Lighting ICs  Electric Power Steering, Electric Parking Brake, Park Assist ICs  Start-Stop ICs (uHybrid)  SMPS, Motor Driver ICs, IPMs  Angular, Pressure and Position Sensor Interface ICs  LIN, CAN, FlexRay Transceivers  MOSFETs, IGBTs, Protection Automotive Segment 2013 Revenue = $751M (27% of Company Revenue)

7 Mar-14Confidential Proprietary Lighting Lighting LED Exterior LED Exterior LED Interior LED Interior HID Front Lighting HID Front Lighting Advanced Front (AFS) Advanced Front (AFS) Motor Control Motor Control Active Safety Engine Control Engine Control Transmission Transmission Ignition Ignition Sensor Interface Sensor Interface Start – Stop Start – Stop 48V/HEV/PHEV 48V/HEV/PHEV EV EV Body & Interior Fuel Economy & Emissions Reduction (Powertrain) (Powertrain) Automotive Content BOM Opportunity of up to $250 per Vehicle Body Computers & Gateways Body Computers & Gateways HVAC HVAC Door Door Motor Control Motor Control Smart-Junction Box Smart-Junction Box Instrument Clusters Instrument Clusters Bus Protection Bus Protection Infotainment Infotainment Active Antenna Active Antenna Electronic Power Steering Electronic Power Steering Park Assist Park Assist Dynamic Braking Dynamic Braking Suspension Suspension Advanced Driver Assistance Advanced Driver Assistance

8 Mar-14Confidential Proprietary Entry Level Servers Notebook Ultrabook Desktop PC Graphics Card Channel Motherboard AIO Computer Customer Alignment Leading Positions: CPU and Graphics Power, MOSFETs, Protection, Power Supplies Key Company Growth DriversMarket Outlook  Mature market slowed by macro economics and alternative consumer devices (tablets, etc)  Emerging markets driving category growth  Windows 8 and Ultrabooks expected to stimulate demand  Vcore DC-DC PWM ICs (#1)  HFVR for Ultrabooks  Low Cap ESD for High Speed Serial Interfaces (USB 3.0, HDMI) (#1)  DC-DC ICs for System / Memory Rails and POL in Servers  AC-DC ICs for Power Adapters in Computing (#1) Computing Segment 2013 Revenue = $445M (16% of Company Revenue)

9 Mar-14Confidential Proprietary Leading Positions: Optical Imaging, Power Management, RF Tuning, Protection, MOSFETs  Auto Focus and OIS for camera modules  ESD protection (#1), CMF, MOSFETs  Battery and power management, power supplies  Sensors (light and proximity), clock and timing ICs Smartphone Tablet Base Station Customer Premise Equipment Enterprise Routers Communications Segment 2013 Revenue = $473M (18% of Company Revenue)  Rapid growth in smartphones and tablets  High resolution cameras (10+ megapixel)  Rapid and wireless battery charging  RF antenna tuning for 4G LTE handsets ONNN SolutionsGrowth Drivers

10 Mar-14Confidential Proprietary Customer Alignment Leading Positions: Optical Imaging, Power Supplies, Protection, MOSFETs Key Company Growth DriversMarket Outlook  Ubiquitous connectivity  “The Cloud” enables seamless content across disparate devices  Smartphones, Tablets and 4G Network deployment drive growth  Economic uncertainty dampens near-term carrier investments  Auto Focus and Optical Image Stabilization for cameras  Low Cap ESD Protection (#1) and Common Mode Filters  Battery Protection, Load and Switch MOSFETS  AC-DC and DC-DC Power ICs  Battery Charger ICs  Clock & Timing ICs Smartphone Tablet Base Station Customer Premise Equipment Enterprise Routers Communications Segment 2013 Revenue = $473M (18% of Company Revenue)

11 Mar-14Confidential Proprietary Lens Control Power Management Backlighting AMOLED Display Protection Power Supplies Leading Positions: Inverter IPM, Power Supplies, Protection, Optical Imaging  Inverter IPMs for appliance motors and fans (#2)  Power management and power supplies  Touch control, motor drivers, sensors  ESD for high speed interfaces (USB 3.0, HDMI) (#1), MOSFETs, IGBTs Power Supplies and Inverters Motor Drive and Control Touch Interface Smart Grid Connectivity LCD Display Battery Management Consumer Segment 2013 Revenue = $529M (19% of Company Revenue)  High-efficiency variable speed motor adoption  High-efficiency power supplies  Xbox One and Playstation 4 game consoles  Wearable electronics ONNN SolutionsGrowth Drivers

12 Mar-14Confidential Proprietary Lens Control Power Management Backlighting AMOLED Display Protection Power Supplies Customer Alignment Leading Positions: Inverter IPM, Power Supplies, Protection, Optical Imaging Key Company Growth DriversMarket Outlook  TV market has matured and OEM consolidation continues  “Smart”, “Connected” devices are changing the way consumers access content  Global focus on improving energy efficiency in appliances and TVs  Expect Flat Panel TVs to migrate from LED to AMOLED displays  Inverter IPMs for Appliance Motors and Fans (#2)  LED Backlighting and AMOLED Display ICs  AC-DC Power Supply ICs  Low Cap ESD for High Speed Serial Interfaces (USB 3.0, HDMI) (#1)  Battery Charger ICs, MOSFETs Power Supplies and Inverters Motor Drive and Control Touch Interface Smart Grid Connectivity LCD Display Battery Management Consumer Segment 2013 Revenue = $529M (19% of Company Revenue)

13 Mar-14Confidential Proprietary Leading Positions: Power Supplies, Sensors, Circuit Protection, Medical Devices, LED Lighting, Power Modules  Power modules (IPMs, PIMs) and power management  Motor drivers and LED drivers  DSPs, MCUs, sensors and communications  Comprehensive standard products portfolio LED Lighting Pacemakers Hearing Devices Ingestible Diagnostics Industrial / Medical / Mil-Aero Segment 2013 Revenue = $557M (20% of Company Revenue)  High-efficiency power supplies and motors (VSDs)  LED bulb prices breaking the <$10 barrier  Smart buildings and the “Internet of Things”  Wearable medical devices ONNN SolutionsGrowth Drivers

14 Mar-14Confidential Proprietary Customer Alignment Leading Positions: Power Supplies, Sensors, Circuit Protection, Medical Devices, LED Lighting Key Company Growth DriversMarket Outlook  Energy and environmental legislation drive “smart grid” and LED Lighting adoption  Semiconductor content rapidly increasing in building automation  Transition to Mobile Health drives growth in medical devices  IPMs for Industrial Motor Control and Power Supplies  Circuit Breaker ICs with Self-Test and Built-In Diagnostics  Sensor ICs (Image, Light, Occupancy, Smoke, etc)  Motor Driver and LED Driver ICs  ARM-based SOC and ingestible diagnostic ICs LED Lighting Pacemakers Hearing Devices Ingestible Diagnostics Industrial / Medical / Mil-Aero Segment 2013 Revenue = $557M (20% of Company Revenue)

15 Mar-14Confidential Proprietary Smart Grid Segmentation Applications Smart Appliances Applications Smart Home Distributed Sources of Energy (Solar) Smart Meters Controller / Thermostat In Home Display Charging Stations Junction Boxes Solar Shingles Thin Film Panels PV Panels Concentrating Solar Arrays Inverters Smart Meters Communications Modules for Smart Meters Applications

16 Mar-14Confidential Proprietary ON Semiconductor in the Czech Republic

17 Mar-14Confidential Proprietary Historical background / 1 YearMilestone 1949TESLA Rožnov established, production of vacuum tubes started 1989Beginning of Eastern Block market recession leading to economy decline 1990Czech economy was facing to new economical conditions after dramatic political change. Although TESLA Rožnov manufacturing had good technological level Rožnov could not compete economically. TESLA Rožnov with 8500 employees was splitted into 15 units, which had been privatized with different methods people worked in the area of semiconductors - semiconductor manufacturing was splitted to small economical units that were able to survive, some of them were transferred. 1992TESLA SEZAM and TEROSIL established, die manufacturing, integrated circuits and power transistors assembly for the rest of original market and first new customers abroad 1993Beginning of Motorola Wafer Fab Partnership with TESLA SEZAM and TEROSIL 1994Roznov Design Center established (Motorola Czech Design Center)

18 Mar-14Confidential Proprietary Historical background / 2 YearMilestone 1999"Semiconductor Compoment Group“ set aside of Motorola; ON Semiconductor established and, as a consequence, SCG Czech Design Center established 2003Merger of TESLA SEZAM and TEROSIL, ON Semiconductor Czech Republic established 2008AMI Semiconductor acquisition; Brno design center – ON Design Czech acquired

19 Mar-14Confidential Proprietary ON Semiconductor Czech Republic (Rožnov pod Radhoštěm) A high volume wafer fab and a raw silicon wafer and epitaxy production factory located in a 16 acre industrial park with over 200,000 square feet of building space. Fab: 6-inch Raw Silicon /EPI Size: 5-inch, 6-inch, 8-inch Production: 0.8 µm to 3 µm Bipolar IC’s, Metal Gate CMOS, MOSAIC, and various PowerFET and IGBT Technologies Employees: 1325 (Mar 2014)

20 Mar-14Confidential Proprietary SCG Czech Design Center (Rožnov pod Radhoštěm) Focus End Markets: Computing, Consumer, Power Supply, LED Lighting, Portable Product Focus: Power Management, AC-DC Controllers & Regulators, Linear Voltage Regulators, Power Discretes Employees: 234 (Mar 2014)

21 Mar-14Confidential Proprietary ON Design Czech (Brno) Focus End Markets: Automotive Product Focus: Mixed-signal customer specific and application specific integrated circuits (ASICs and ASSPs) Employees: 116 (March 2014)