1. Cirrus Logic September Quarter Fiscal Year 2011 Investor Update

2. Page 2 Safe Harbor Statement Except for historical information contained herein, the matters set forth in this presentation contain forward-looking statements, including industry market projections; our revenue growth opportunities; future product releases; and forecasted revenue, gross margin, and R&D and SG&A expenses. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties that could cause actual results to differ materially from our current expectations, estimates and assumptions and the forward-looking statements made in this presentation. These risks and uncertainties include, but are not limited to, the risk factors listed in our Form 10-K for the year ended March 27, 2010, and in other filings with the Securities and Exchange Commission. The foregoing information concerning our business outlook represents our outlook as of the date of this presentation, and we undertake no obligation to update or revise any forward-looking statements, whether as a result of new developments or otherwise.

3. Page 3 More than 3,000 active customers with 700 innovative products ~534 Worldwide 1984 – Headquarters in Austin, Texas ~$182 Million in cash, with no debt ~ 1,100 patents Founded Fabless pioneer since early ’80s Cirrus Logic Overview (NASDAQ: CRUS)

4. Page 4 September Quarter Update +81% Revenue Growth Sep.’10 vs. Sep. ’09 Quarter High GrowthStrong Margin 56% Gross Margin Sep. Quarter ’10 29% GAAP Operating Profit Sep. Quarter ’10 Improved Profit $0.42 GAAP diluted income per share Sep. Quarter ’10 Increased Earnings

5. Page 5 Diverse Applications - Similar Technologies Tablets Media Players Media PC Home Theater Music Instruments Car Amplifiers Weigh Scale Motor Control Digital Utility Meters Bluetooth Headsets Soundbar Home Audio Pro & Auto Audio Energy Control Energy Industrial Meas. PFC (Power Factor Correction) Seismic Sensors Portable Audio Smart Phone

6. Page 6 Our Vision Be the first choice in high-performance analog and mixed-signal components Focus on key tier one customers

7. Page 7 Tier One Customer Base  Focus on Tier One Customers  Highly innovative custom ICs  Building strong engineering relationships  Focus on winning multiple designs  Driven by Custom ICs  100% share at Itron for power meters  More custom ICs for Japanese and automotive customers coming soon  Best Long-Term Growth Opportunity  Focus on the best customers in select key growth markets

8. Page 8 Our #1 Customer As Percentage of Total Revenue 34% Q2 FY11 Q3 FY10 Q4 FY10 Q1 FY11 34% 39% 44%  Five Custom ICs to Date and Growing  Best-in-class for audio quality and power consumption  Strong Engineering Relationship  Track record of exceptional execution  Multiple Designs  Shipping the critical audio component in all major product lines  Phones, portable devices and computers  Expanded from initial, single design win in 2005

9. Page 9 Our Long-Term Growth Drivers

10. Page 10 Unique Corporate Culture  Our “Rockstar” Team  Over 65% of all employees are engineers  ~50% have master degrees and PhDs  Inspired and focused employees  Core for our long-term sustainable success  Attracting the Best Talent  Recognized as a “Best Companies” to work for  Currently 94% of employees think “Cirrus is a great place to work”, up from 83% in ‘08  Well below industry average turnover rate

11. Page 11 25 Years of Mixed-Signal Innovation  Proprietary Products  Broad IP Portfolio  New digital energy  Audio and Delta Sigma converters  Apex Precision Power products  Magnetic storage, graphics, etc.  Valuable Assets  ~1,000 patents  Strong patent portfolio protects our market position  August 2010: sold several patents for $4M Network Interface Video and Graphics Mass Storage and Memory Audio Analog/ Mixed Signal EnergyOther 65 250 115 375 10 50 150

12. Page 12 Pioneer of the Fabless Semiconductor Model 5 Foundries, 4 Assembly, and 6 Test Partners 205,000,000 ICs Shipped in 2009 Over 75% of assembly and test is under the same roof 0.25um to 0.18um technology sweet spot Focus on lowering costs and cycle time Tight controls over channel inventory

13. Page 13 Our Global Customer Base = Customer Design Location = Location of Consumption = Device Manufacturing Location Design locations are key for driving revenue success Source: Based on Cirrus Logic estimates

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15. Page 15  Total Market Share  2008: 5%  2009: 7% (estimate)  Target Market Share  #2 in portable audio converters  #3 in home audio converters and interface  #3 in car amplifier converters Audio Market: $2B and Growing Source: The World Market for Audio ICs - 2009 In millions

16. Page 16 Growth in Home Audio Applications Total System Solution Offers High Content Opportunity (~$5) Audio DSP, Audio Converters and Audio Amplifier Technology Audio DSP, Audio Converters and Audio Amplifier Technology

17. Page 17 Automotive Audio Applications Developing New Custom Audio Chipset for Amplifiers Tier-1 Customers: Bose, Harman, Ford, Sirius XM

18. Page 18 Smartphones: Fast Growing Market 200920102011201220132014 497Mu 439Mu 384Mu 322Mu 247Mu 182Mu Source: Mobile Handset Q1 2010 Market Tracker

19. Page 19 Our New Smartphone Products CS42L73 Low-power Smart Audio Codec reduces system power consumption CS35L01 Low-power analog input hybrid Class D audio amplifier Our Focus 1 st Lower Power Consumption 2 nd Smaller Board Space 3 rd Best-in-Class Audio Quality

20. Page 20 Portable Audio Applications Audio CODECs Audio Amplifiers Audio DSP Our Ultra Lower Power Audio Products

21. Page 21 65% Less Space* Generations of Smaller Board Space 1 st Gen (287 mm 2 area) 30% Less Space ++ 60% Less Space + Highest audio quality across all generations 2 nd Gen (110 mm 2 area) 3 rd Gen (77 mm 2 area) *vs. Competitors + vs. Our 1 st Generation ++ vs. Our 2 nd Generation Competition (at market entry)

22. Page 22 10% Less Power* Generations of Lower Power Consumption 40% Less Power ++ 60% Less Power + 3rd Gen (xx mm 2 area) 1 st Gen (13 mW) 2 nd Gen ( 5 mW) 3 rd Gen (3 mW ) Competition (at market entry) *vs. Competitors + vs. Our 1 st Generation ++ vs. Our 2 nd Generation Highest audio quality across all generations

23. Page 23 Key Customer Focused Innovation  Longer Battery Life  Lower System Cost  Smaller Footprint  Fewer External Components  Higher Audio Quality  Simpler Design Deep Applications Knowledge  ~ 1,000 Patents  25 Years of Mixed-Signal Innovation Our Sustainable Advantage

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25. Page 25 Energy Overview Foundational Industrial and Energy Power Meter Power Factor Correction (PFC) LED Lighting, Motor Control

26. Page 26 Power Meter: The Smart Grid Interface Energy Measurement ICs (ADC) Since 1999 Smart Grid Upgrades Drive Growth Focus on Key Customers and Emerging Markets

27. Page 27 Energy Monitoring: New Emerging Market Strong portfolio of measurement ADCs 2010 2011201220132014 Source: Company Estimates and IMS WW Metering = Smart Meters = Monitoring 2014 100Mu White Goods Server Power Supplies Home Energy Monitors 50Mu 200Mu 150Mu = Basic Meters

28. Page 28 Switching Power Supplies AC/DC Adapters Lighting Ballasts The First Digital PFC that Beats Analog Better Light Load Efficiency Lower System Cost Higher Reliability

29. Page 29 PFC: Big and Growing Market 20082009201020112012 $100M $200M $300M $400M Source; IMS Power ICs 2009 2013 1,200,000,000 Annual Units

30. Page 30 Digital Energy Control is the Future  Our Strategy  High innovation for PFCs which are a common building block in AC power  Expanding to more integrated ICs  Focus on innovation for key customers  Digital Control  Leverage our mixed-signal expertise for digital energy (EXL Core)  Over 2 years in development  Over 53 patents and patents pending  Best-in-class performance Digital control allows for intelligent shaping EMI which reduces filter requirements, leading to significant lower system cost

31. Page 31 Digital Energy Products Roadmap Growth Driver in 2010

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33. Page 33 Revenue Growth 118% Q3 FY10 Q4 FY10 Q1 FY11 87% 49% Year-Over-Year Revenue Growth Q2 FY11 81% *Guidance as of October 21 st, 2010 35%+ Q3 FY11 (Forecast*) Multiple Sources of Growth

34. Page 34 Q1 FY10 Q2 FY10 Q3 FY11 (Forecast*) Q4 FY09 $82M $56M $88M+ $34M $38M Revenue and Financials Q3 FY10 $65M  September Quarter (Q2)  Revenue: $100.6M ( up 81% y/y)  GM: 56%  R&D/SGA: $27.7M (incl. $3M in stock comp and other)  December Guidance (Q3) (as of October 21, 2010)  Revenue: $88-$94M ( up over 35% y/y )  GM: 54%-56%  R&D and SG&A: $28M-$30M (incl. $2.5M in stock comp and other) $63M Q4 FY10 Q1 FY11 $101M Q2 FY11 *Guidance as of October 21 st, 2010

35. Page 35 Growth Driven by New Products “New” Products: less than 3 years since market introduction “Prime” Products: more than 3 years and less than 7 years since market introduction “Legacy” Products: more than 7 years since market introduction

36. Page 36 Q1 FY10 Q2 FY10 Q3 FY09 Q2 FY09 Q1 FY09 Q4 FY09 Q3 FY10 52% 55% 56% 54% Revenue split between Audio and Energy Cirrus Logic Gross Margins Strong Margins 50% 57% 59%56% 66%74% 50% 43% 41% 44% 34% 26% Q4 FY10 56% 27% 73% 35% 65% Q1 FY11 Q2 FY11 35% 67% 57% 56% 33% 71% 29%

37. Page 37 Q1 FY10 Q2 FY10 Q3 FY09 Q2 FY10 Q4 FY09 Earnings and Operating Profit Q3 FY10 Operating Margins* Q4 FY10 0.42 0.40 0.04 0.07 0.31 0.16 (0.01) 0.11 0.17 0.19 Q1 FY11 (0.01) (0.12) = GAAP EPS = Non-GAAP EPS * 0.00 0.10 FY10GAAPNon GAAP FY10 Q212% FY10 Q317%18% FY10 Q413%17% FY11 Q121%25% FY11 Q229% * GAAP to non-GAAP reconciliations available on slide40 and at www.cirrus.com 0.25 0.30  $460M+ Federal NOLs  No federal tax expense  No Debt

38. Page 38 Financial Strength  Investing our Cash  Backend capacity  IT Infrastructure  Key Technology Investments  Strong Cash Generation  $24.2M cash flow from operations in Q2FY11  $182.4M in total cash  $58.4M in actual cash generation the last 4 quarters (19% of revenue)

39. Page 39 GAAP to Non-GAAP Reconciliation

40. Page 40 Summary Strong Revenue Growth Today Multiple Revenue Growth Opportunities

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