Interim report
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Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 RENESAS ELECTRONICS CORPORATION Consolidated Financial Results for the Third Quarter Ended September 30, 2026 English translation from the original Japanese-language document October 29, 2026 Company name : Renesas Electronics Corporation Stock exchanges on which the shares are listed : Tokyo Stock Exchange, Prime Market Code number : 6723 URL : https://www.renesas.com Representative : Hidetoshi Shibata, President and CEO Contact person : Tomohiko Sato, Vice President, Investor Relations Tel. +81 (0)3-6773-3002 (Amounts are rounded to the nearest million yen) 1. Consolidated financial results for the nine months ended September 30, 2026 1.1 Consolidated financial results (% of change from corresponding period of the previous year) Revenue Operating profit Profit before tax Profit Profit attributable to owners of parent Total comprehensive income Million yen % Million yen % Million yen % Million yen % Million yen % Million yen % Nine months ended September 30, 2026 1,234,659 27.3 757,991 466.0 770,186 ― 590,005 ― 589,526 ― 479,031 ― Nine months ended September 30, 2025 969,675 (8.2) 133,921 (33.3) (49,243) ― (68,994) ― (69,086) ― (278,743) ― Basic earnings per share Diluted earnings per share Yen Yen Nine months ended September 30, 2026 323.53 318.18 Nine months ended September 30, 2025 (38.28) (38.28) (Note) Diluted losses per share are the same as basic losses per share as there were no dilutive potential common shares outstanding for the nine months ended September 30, 2025. 1.2 Consolidated financial position Total assets Total equity Equity attributable to owners Ratio of equity attributable to owners Million yen Million yen Million yen % September 30, 2026 4,702,337 2,904,993 2,899,113 61.7 December 31, 2025 4,177,163 2,448,451 2,443,034 58.5
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Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 2. Cash dividends Cash dividends per share At the end of first quarter At the end of second quarter At the end of third quarter At the end of year Total Yen Yen Yen Yen Yen Year ended December 31, 2025 0.00 0.00 0.00 28.00 28.00 Year ending December 31, 2026 0.00 0.00 0.00 Year ending December 31, 2026 (forecast) --- --- (Note) Change in forecast of cash dividends since the most recently announced forecast: No 3. Forecast of consolidated results for the full year ending December 31, 2026 (% of change from the previous year) Non-GAAP Revenue Non-GAAP Gross Margin Non-GAAP Operating Margin Full year Ending December 31, 2026 Million yen 1,659,281 to 1,674,281 % 25.8 to 27.0 % 58.6 %pts 1.0 % 33.2 %pts 3.9 (Note) 1. The Group reports its forecast as a range. The Non-GAAP gross margin and the Non-GAAP operating margin are based on the midpoint in the Non-GAAP revenue forecast. 2. Non-GAAP figures are calculated by removing or adjusting non-recurring items and other adjustments from GAAP (IFRS) figures following a certain set of rules. The Group believes Non-GAAP measures provide useful information in understanding and evaluating the Group’s constant business results, and therefore forecasts are provided on a Non-GAAP basis. 4. Others 4.1 Changes in significant subsidiaries for the nine months ended September 30, 2026: No 4.2 Changes in Accounting Policies, Changes in Accounting Estimates and Corrections of Prior Period Errors 1. Changes in accounting policies required by IFRS accounting standard: No 2. Changes in accounting policies except for 4.2.1: No 3. Changes in accounting estimates: No 4.3 Number of shares issued and outstanding (common stock) 1. Number of shares issued and outstanding (including treasury stock) As of September 30, 2026: 1,870,614,885 shares As of December 31, 2025: 1,870,614,885 shares 2. Number of treasury stock As of September 30, 2026: 40,410,807 shares As of December 31, 2025: 57,280,173 shares 3. Average number of shares issued and outstanding Nine months ended September 30, 2026: 1,822,159,499 shares Nine months ended September 30, 2025: 1,804,665,079 shares (Note) Information regarding the implementation of audit procedures: These financial results are not subject to quarterly review procedures by the independent auditor.
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Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 Cautionary Statement The Group will hold a n earnings conference for institutional investors and analysts o n October 29, 2026. The Group plans to post the materials which are provided at the meeting, on the Group’s website on that day. The statements with respect to the financial outlook of Renesas Electronics Corporation (hereinafter “the Company”) and its consolidated subsidiaries (hereinafter “the Group”) are forward-looking statements involving risks and uncertainties. We caution you in advance that actual results may differ materially from such forward -looking statements due to changes in several important factors.
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1 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 [APPENDIX] 1. Business Results 2 1.1 Analysis of Business Results 2 1.2 Consolidated Financial Condition 5 2. Condensed Consolidated Financial Statements 6 2.1 Condensed Consolidated Statement of Financial Position 6 2.2 Condensed Consolidated Statement of Profit or Loss and 8 Condensed Consolidated Statement of Comprehensive Income 2.3 Condensed Consolidated Statement of Changes in Equity 12 2.4 Condensed Consolidated Statement of Cash Flows 14 2.5 Notes to Condensed Consolidated Financial Statements 16 (Notes about Going Concern Assumption) 16 (Basis for Preparation) 16 (Basis of Condensed Consolidated Financial Statements) 16 (Material Accounting Policies) 16 (Significant Accounting Estimates and Judgments) 16 (Business Segments) 17 (Business Combinations) 20 (Trade and Other Receivables) 21 (Trade and Other Payables) 21 (Bonds and Borrowings) 22 (Share Capital and Other Equity Items) 22 (Dividends) 22 (Revenue) 22 (Selling, General and Administrative Expenses) 23 (Other Income) 24 (Other Expenses) 25 (Subsequent Events) 25
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2 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 1. Business Results 1.1 Analysis of Business Results The Group discloses consolidated business results in terms of both its internal measures which management relies upon in making decisions (hereinafter “Non-GAAP”) and those under IFRS. Non-GAAP revenue, Non-GAAP gross profit and Non-GAAP operating profit are revenue, gross profit and operating profit under IFRS (hereinafter “IFRS revenue,” “IFRS gross profit” and “IFRS operating profit”) after excluding or adjusting non-recurring items and other adjustments following a certain set of rules. The Group believes Non-GAAP measures provide useful information in understanding and evaluating the Group’s constant business results . Non- recurring items include amortization of intangible assets recognized from acquisitions, other purchase price allocation (hereinafter “PPA”) adjustments and stock-based compensation as well as other non -recurring expenses and income the Group believes to be applicable. In addition, the Timing Business, for which a business transfer was announced in February 2026, was transferred on July 1, 2026, and its financial results from February 2026 through the transfer date and a gain on sale of the Timing Business have been excluded from Non-GAAP financial measures. The Group consists of “Automotive Business” and “Industrial/Infrastructure/IoT Business” and those are the Group’s reportable segments. For details, please refer to “(Business Segments)” in the “2 . Condensed Consolidated Financial Statements, 2.5 Notes to Condensed Consolidated Financial Statements.” (Note) For Non-GAAP disclosure, the Group refers to the rules specified by the U.S. Securities and Exchange Commission but does not fully comply with such rules. 1) Summary of Consolidated Financial Results for the nine months ended September 30, 2026 (Non-GAAP basis) Nine months ended September 30, 2025 (January 1 – September 30, 2025) Nine months ended September 30, 2026 (January 1 – September 30, 2026) Increase (Decrease) Billion yen Billion yen Billion yen % Change Non-GAAP revenue 967.6 1,212.8 245.2 25.3% Automotive 475.1 548.2 73.1 15.4% Industrial/Infrastructure/IoT 464.9 656.0 191.1 41.1% Non-GAAP gross profit Non-GAAP gross margin 552.0 57.1% 713.9 58.9% 161.8 1.8pts 29.3% ― Automotive 253.0 53.3% 304.6 55.6% 51.6 2.3pts 20.4% ― Industrial/Infrastructure/IoT 280.4 60.3% 405.8 61.9% 125.4 1.5pts 44.7% ― Non-GAAP operating profit Non-GAAP operating margin 278.9 28.8% 408.7 33.7% 129.8 4.9pts 46.5% ― Automotive 139.7 29.4% 188.3 34.4% 48.7 5.0pts 34.8% ― Industrial/Infrastructure/IoT 112.8 24.3% 220.1 33.6% 107.3 9.3pts 95.1% ― (Note) For details on the above, please refer to “(Business Segments)” in the “2. Condensed Consolidated Financial Statements, 2.5 Notes to Condensed Consolidated Financial Statements”. The financial results for the nine months ended September 30, 2026 are as follows: <Non-GAAP revenue> Consolidated Non-GAAP revenue for the nine months ended September 30, 2026 was 1,212.8 billion yen, a 245.2 billion yen ( 25.3%) increase year on year. This was mainly due to increases in revenue in the Automotive Business and the Industrial/Infrastructure/IoT Business, driven by higher demand and the rebound from distribution channel inventory adjustments implemented in the previous year. <Non-GAAP gross profit (margin)> Non-GAAP gross profit for the nine months ended September 30, 2026 was 713.9 billion yen, a 161.8 billion yen (29.3%) increase year on year. This was due to improved product mix, as well as the increases in revenue in the Automotive Business and the Industrial/Infrastructure/IoT Business and the resulting improvement in utilization rates, as described above. As a result, Non-GAAP gross margin for the nine months ended September 30, 2026 was 58.9%, an increase by 1.8 points year on year.
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3 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 <Non-GAAP operating profit (margin)> Non-GAAP operating profit for the nine months ended September 30, 2026 was 408.7 billion yen, a 129.8 billion yen (46.5%) increase year on year. This was mainly due to the above-mentioned increase in gross profit. As a result, Non- GAAP operating margin for the nine months ended September 30, 2026 was 33.7%, an increase by 4.9 points year on year. The revenue breakdown of the business segments for the nine months ended September 30, 2026 is as follows: Automotive Business The Automotive Business includes the product categories “Automotive Control,” comprising semiconductor devices for controlling automobile engines and bodies, and “Automotive Information,” comprising semiconductor devices used in sensing systems for detecting environments inside and outside the vehicle as well as Automotive Information devices such as in-vehicle infotainment (IVI) and instrument panels used to give various information to the driver of the vehicle. The Group mainly supplies microcontrollers (MCUs), system -on-chips (SoC), analog semiconductor devices and power semiconductor devices in each of these categories. Non-GAAP revenue of the Automotive Business for the nine months ended September 30, 2026 was 548.2 billion yen, a 73.1 billion yen (15.4%) increase year on year. As mentioned above, this was driven by higher demand and the rebound from distribution channel inventory adjustments implemented in the previous year. Non-GAAP gross profit of the Automotive Business for the nine months ended September 30, 2026 was 304.6 billion yen, a 51.6 billion yen (20.4%) increase year on year. This was mainly due to an improvement in product mix, as well as the increase in revenue and the resulting improvement in utilization rates. Non-GAAP operating profit of the Automotive Business for the nine months ended September 30, 2026 was 188.3 billion yen, a 48.7 billion yen (34.8%) increase year on year, mainly due to the increase in gross profit as mentioned above. Industrial/Infrastructure/IoT Business The Industrial/Infrastructure/IoT Business includes the categories “Industrial,” “Infrastructure” and “IoT” which support a smart society. The Group mainly supplies MCUs, SoC, analog semiconductor devices and power semiconductor devices in each of these categories. Non-GAAP revenue of the Industrial/Infrastructure/IoT Business for the nine months ended September 30, 2026 was 656.0 billion yen, a 191.1 billion yen ( 41.1%) increase year on year. This was due to increased demand in the data center market and the recovery in the Industrial and IoT markets. Non-GAAP gross profit of the Industrial/Infrastructure/IoT Business for the nine months ended September 30, 2026 was 405.8 billion yen, a 125.4 billion yen (44.7%) increase year on year. This was mainly due to the increase in revenue. Non-GAAP operating profit of the Industrial/Infrastructure/IoT Business for the nine months ended September 30, 2026 was 220.1 billion yen, a 107.3 billion yen (95.1%) increase year on year, mainly due to the increase in gross profit.
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4 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 2) Reconciliation of Non-GAAP gross profit to IFRS gross profit and Non-GAAP operating profit to IFRS operating profit (Billion yen) Nine months ended September 30, 2025 (January 1 – September 30, 2025) Nine months ended September 30, 2026 (January 1 – September 30, 2026) Non-GAAP gross profit Non-GAAP gross margin 552.0 57.1% 713.9 58.9% Reconciliation items in non-recurring revenue (Note 1) 2.1 21.9 Amortization of purchased intangible assets and depreciation of property, plant and equipment (0.7) (0.5) Stock-based compensation and related expenses (2.1) (1.9) Other reconciliation items in non-recurring expenses and adjustments (Note 2) (4.9) (7.9) IFRS gross profit IFRS gross margin 546.5 56.4% 725.5 58.8% Non-GAAP operating profit Non-GAAP operating margin 278.9 28.8% 408.7 33.7% Reconciliation items in non-recurring revenue (Note 1) 2.1 21.9 Amortization of purchased intangible assets and depreciation of property, plant and equipment (85.4) (73.9) Stock-based compensation and related expenses (29.1) (29.9) Other reconciliation items in non-recurring expenses and adjustments (Note 2,3) (32.5) 431.1 IFRS operating profit IFRS operating margin 133.9 13.8% 758.0 61.4% (Note) 1. Non-recurring revenue that the Group has determined should be excluded. 2. “Other reconciliation items in non-recurring expenses and adjustments” includes the non-recurring items related to acquisitions and other adjustments as well as non-recurring profits or losses the Group believes to be applicable. 3. “Other reconciliation items in non-recurring expenses and adjustments” in operating profit for the nine months ended September 30, 2026 includes a gain on sale of the Timing Business. 3) Summary of Consolidated Financial Results for the nine months ended September 30, 2026 (IFRS basis) Nine months ended September 30, 2025 (January 1 – September 30, 2025) Nine months ended September 30, 2026 (January 1 – September 30, 2026) Increase (Decrease) Billion yen Billion yen Billion yen % Change Revenue 969.7 1,234.7 265.0 27.3% Gross profit Gross margin 546.5 56.4% 725.5 58.8% 179.0 2.4 pts 32.8% ― Operating profit Operating margin 133.9 13.8% 758.0 61.4% 624.1 47.6pts 466.0% ―
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5 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 1.2 Consolidated Financial Condition Assets, Liabilities and Shareholders' Equity （Billion yen） Total assets as of September 30, 2026 amounted to 4,702.3 billion yen, a 525.1 billion yen increase from December 31, 2025. This was mainly due to an increase in financial assets resulting from rising prices of securities held. Total equity as of September 30, 2026 amounted to 2,905.0 billion yen, a 456.5 billion yen increase from December 31, 2025. This was mainly due to an increase in retained earnings resulting from profit for the quarter. Equity attributable to owners of the parent as of September 30, 2026 amounted to 2,899.1 billion yen, a 456.1 billion yen increase from December 31, 202 5, and the equity ratio attributable to owners of the parent was 61.7% as of September 30, 2026. In addition, interest -bearing liabilities as of September 30, 202 6 amounted to 1,147.5 billion yen, a 79.3 billion yen decrease from December 31, 202 5, mainly due to a decrease in borrowings. Consequently, the Debt to equity ratio was 0.40 as of September 30, 2026. Cash Flows （Billion yen） Nine months ended September 30, 2025 (Jan 1 – Sep 30, 2025) Nine months ended September 30, 2026 (Jan 1 – Sep 30, 2026) Net cash provided by (used in) operating activities 296.7 384.0 Net cash provided by (used in) investing activities (94.5) 116.6 Free cash flows (Note) 202.2 500.6 Net cash provided by (used in) financing activities (176.7) (154.6) Cash and cash equivalents at the beginning of period 229.2 295.9 Cash and cash equivalents at the end of period 238.4 637.2 (Note) As defined as a total of net cash flows provided by (used in) operating and investing activities. (Net cash provided by (used in) operating activities) Net cash provided by operating activities for the nine months ended September 30, 2026 was 384.0 billion yen. This was due to a recording of 770.2 billion yen in profit before tax, excluding a 450.3 billion yen gain on sale of the Timing Business to SiTime Corporation (hereinafter “SiTime”), as well as adjustments for non-cash items such as depreciation. (Net cash provided by (used in) investing activities) Net cash provided by investing activities for the nine months ended September 30, 2026 was 116.6 billion yen. This was mainly due to proceeds from sale of the Timing Business to SiTime and the purchase of property, plant and equipment as well as intangible assets. The foregoing resulted in positive free cash flows of 500.6 billion yen for the nine months ended September 30, 2026. (Net cash provided by (used in) financing activities) Net cash used in financing activities for the nine months ended September 30, 2026 was 154.6 billion yen. This was mainly due to the repayment of borrowings to major financial institutions and the payment of dividends. As of December 31, 2025 As of September 30, 2026 Increase (Decrease) Total assets Total equity Equity attributable to owners of parent Equity ratio attributable to owners of parent (%) Interest-bearing liabilities Debt to equity ratio 4,177.2 2,448.5 2,443.0 58.5 1,226.8 0.50 4,702.3 2,905.0 2,899.1 61.7 1,147.5 0.40 525.1 456.5 456.1 3.2 (79.3) (0.10)
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6 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 2. Condensed Consolidated Financial Statements 2.1 Condensed Consolidated Statement of Financial Position (In millions of yen) As of December 31, 2025 As of September 30, 2026 Assets Current assets Cash and cash equivalents 295,897 637,182 Trade and other receivables 169,124 203,060 Inventories 185,903 231,888 Other current financial assets 38,601 38,201 Income taxes receivable 10,757 17,277 Other current assets 23,277 35,346 Total current assets 723,559 1,162,954 Non-current assets Property, plant and equipment 355,835 372,526 Goodwill 2,239,337 1,953,475 Intangible assets 593,324 509,994 Investments accounted for using the equity method 825 1,451 Other non-current financial assets 168,363 587,741 Deferred tax assets 51,414 54,047 Other non-current assets 44,506 60,149 Total non-current assets 3,453,604 3,539,383 Total assets 4,177,163 4,702,337
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7 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 (In millions of yen) As of December 31, 2025 As of September 30, 2026 Liabilities and equity Liabilities Current liabilities Trade and other payables 219,167 235,033 Bonds and borrowings 242,478 251,002 Other current financial liabilities 9,477 11,079 Income taxes payable 24,377 151,030 Provisions 4,099 2,796 Other current liabilities 116,782 128,571 Total current liabilities 616,380 779,511 Non-current liabilities Trade and other payables 7,070 376 Borrowings 964,089 875,321 Other non-current financial liabilities 14,598 15,417 Income taxes payable 4,393 8,225 Retirement benefit liability 22,516 21,349 Provisions 3,551 3,705 Deferred tax liabilities 83,479 78,981 Other non-current liabilities 12,636 14,459 Total non-current liabilities 1,112,332 1,017,833 Total liabilities 1,728,712 1,797,344 Equity Share capital 153,209 153,209 Capital surplus 299,286 322,929 Retained earnings 1,213,791 1,736,943 Treasury shares (70,012) (49,935) Other components of equity 846,760 735,967 Total equity attributable to owners of parent 2,443,034 2,899,113 Non-controlling interests 5,417 5,880 Total equity 2,448,451 2,904,993 Total liabilities and equity 4,177,163 4,702,337
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8 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 2.2 Condensed Consolidated Statement of Profit or Loss and Condensed Consolidated Statement of Comprehensive Income Condensed Consolidated Statement of Profit or Loss (Nine months ended September 30, 2025 and September 30, 2026) (In millions of yen) Nine months ended September 30, 2025 Nine months ended September 30, 2026 Revenue 969,675 1,234,659 Cost of sales (423,206) (509,188) Gross profit 546,469 725,471 Selling, general and administrative expenses (387,090) (412,178) Other income 5,967 455,489 Other expenses (31,425) (10,791) Operating profit 133,921 757,991 Finance income 11,161 30,622 Finance costs (193,955) (18,071) Share of loss of investments accounted for using equity method (370) (356) Profit (loss) before tax (49,243) 770,186 Income tax expense (19,751) (180,181) Profit (loss) (68,994) 590,005 Profit (loss) attributable to Owners of parent (69,086) 589,526 Non-controlling interests 92 479 Profit (loss) (68,994) 590,005 Earnings (losses) per share Basic earnings (losses) per share (yen) (38.28) 323.53 Diluted earnings (losses) per share (yen) (38.28) 318.18
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9 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 Condensed Consolidated Statement of Comprehensive Income (Nine months ended September 30, 2025 and September 30, 2026) (In millions of yen) Nine months ended September 30, 2025 Nine months ended September 30, 2026 Profit (loss) (68,994) 590,005 Other comprehensive income Items that will not be reclassified to profit or loss Remeasurements of defined benefit plans (20) (189) Equity instruments measured at fair value through other comprehensive income 271 (23,170) Total of items that will not be reclassified to profit or loss 251 (23,359) Items that may be reclassified subsequently to profit or loss Exchange differences on translation of foreign operations (212,059) (89,631) Cash flow hedges 2,459 1,243 Cost of hedges (400) 773 Total of items that may be reclassified subsequently to profit or loss (210,000) (87,615) Total other comprehensive income (209,749) (110,974) Total comprehensive income (278,743) 479,031 Comprehensive income attributable to Owners of parent (278,820) 478,558 Non-controlling interests 77 473 Total comprehensive income (278,743) 479,031
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10 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 Condensed Consolidated Statement of Profit or Loss (Three months ended September 30, 2025 and September 30, 2026) (In millions of yen) Three months ended September 30, 2025 Three months ended September 30, 2026 Revenue 335,364 435,917 Cost of sales (143,099) (178,857) Gross profit 192,265 257,060 Selling, general and administrative expenses (123,403) (140,121) Other income 3,684 451,330 Other expenses 74 (2,958) Operating profit 72,620 565,311 Finance income 52,323 5,515 Finance costs (4,766) (55,321) Share of loss of investments accounted for using equity method (132) (104) Profit before tax 120,045 515,401 Income tax expense (13,718) (143,025) Profit 106,327 372,376 Profit attributable to Owners of parent 106,256 372,193 Non-controlling interests 71 183 Profit 106,327 372,376 Earnings per share Basic earnings per share (yen) 58.66 203.47 Diluted earnings per share (yen) 58.04 200.76
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11 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 Condensed Consolidated Statement of Comprehensive Income (Three months ended September 30, 2025 and September 30, 2026) (In millions of yen) Three months ended September 30, 2025 Three months ended September 30, 2026 Profit 106,327 372,376 Other comprehensive income Items that will not be reclassified to profit or loss Remeasurements of defined benefit plans 22 (35) Equity instruments measured at fair value through other comprehensive income (143) (108,198) Total of items that will not be reclassified to profit or loss (121) (108,233) Items that may be reclassified subsequently to profit or loss Exchange differences on translation of foreign operations 90,191 (224,920) Cash flow hedges 889 862 Cost of hedges (352) 36 Total of items that may be reclassified subsequently to profit or loss 90,728 (224,022) Total other comprehensive income 90,607 (332,255) Total comprehensive income 196,934 40,121 Comprehensive income attributable to Owners of parent 196,727 40,145 Non-controlling interests 207 (24) Total comprehensive income 196,934 40,121
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12 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 2.3 Condensed Consolidated Statement of Changes in Equity (Nine months ended September 30, 2025) (In millions of yen) Equity attributable to owners of parent Share capital Capital surplus Retained earnings Treasury shares Other components of equity Share acquisition rights Remeasurements of defined benefit plans Equity instruments measured at fair value through other comprehensive income Balance as of January 1, 2025 153,209 289,377 1,308,948 (92,120) 1,087 ― (3,489) Profit (loss) ― ― (69,086) ― ― ― ― Other comprehensive income ― ― ― ― ― (20) 271 Total comprehensive income ― ― (69,086) ― ― (20) 271 Purchase and disposal of treasury shares ― 7,887 ― 20,814 ― ― ― Dividends of surplus ― ― (50,320) ― ― ― ― Share-based payment transactions ― 1,345 ― ― (966) ― ― Transfer to retained earnings ― (5,837) 5,901 ― (84) 20 ― Total transactions with owners ― 3,395 (44,419) 20,814 (1,050) 20 ― Balance as of September 30, 2025 153,209 292,772 1,195,443 (71,306) 37 ― (3,218) Equity attributable to owners of parent Non-controlling interests Total equity Other components of equity Total equity attributable to owners of parent Exchange differences on translation of foreign operations Cash flow hedges Cost of hedges Total Balance as of January 1, 2025 884,005 (3,652) 17 877,968 2,537,382 4,916 2,542,298 Profit (loss) ― ― ― ― (69,086) 92 (68,994) Other comprehensive income (212,044) 2,459 (400) (209,734) (209,734) (15) (209,749) Total comprehensive income (212,044) 2,459 (400) (209,734) (278,820) 77 (278,743) Purchase and disposal of treasury shares ― ― ― ― 28,701 ― 28,701 Dividends of surplus ― ― ― ― (50,320) (9) (50,329) Share-based payment transactions ― ― ― (966) 379 ― 379 Transfer to retained earnings ― ― ― (64) ― ― ― Total transactions with owners ― ― ― (1,030) (21,240) (9) (21,249) Balance as of September 30, 2025 671,961 (1,193) (383) 667,204 2,237,322 4,984 2,242,306
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13 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 (Nine months ended September 30, 2026) (In millions of yen) Equity attributable to owners of parent Share capital Capital surplus Retained earnings Treasury shares Other components of equity Share acquisition rights Remeasurements of defined benefit plans Equity instruments measured at fair value through other comprehensive income Balance as of January 1, 2026 153,209 299,286 1,213,791 (70,012) 16 ― (3,642) Profit (loss) ― ― 589,526 ― ― ― ― Other comprehensive income ― ― ― ― ― (189) (23,170) Total comprehensive income ― ― 589,526 ― ― (189) (23,170) Purchase and disposal of treasury shares ― 29,364 ― 20,077 ― ― ― Dividends of surplus ― ― (50,814) ― ― ― ― Share-based payment transactions ― (21,092) ― ― (14) ― ― Transfer to retained earnings ― 15,371 (15,560) ― ― 189 ― Total transactions with owners ― 23,643 (66,374) 20,077 (14) 189 ― Balance as of September 30, 2026 153,209 322,929 1,736,943 (49,935) 2 ― (26,812) Equity attributable to owners of parent Non-controlling interests Total equity Other components of equity Total equity attributable to owners of parent Exchange differences on translation of foreign operations Cash flow hedges Cost of hedges Total Balance as of January 1, 2026 852,251 (1,268) (597) 846,760 2,443,034 5,417 2,448,451 Profit (loss) ― ― ― ― 589,526 479 590,005 Other comprehensive income (89,625) 1,243 773 (110,968) (110,968) (6) (110,974) Total comprehensive income (89,625) 1,243 773 (110,968) 478,558 473 479,031 Purchase and disposal of treasury shares ― ― ― ― 49,441 ― 49,441 Dividends of surplus ― ― ― ― (50,814) (10) (50,824) Share-based payment transactions ― ― ― (14) (21,106) ― (21,106) Transfer to retained earnings ― ― ― 189 ― ― ― Total transactions with owners ― ― ― 175 (22,479) (10) (22,489) Balance as of September 30, 2026 762,626 (25) 176 735,967 2,899,113 5,880 2,904,993
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14 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 2.4 Condensed Consolidated Statement of Cash Flows (In millions of yen) Nine months ended September 30, 2025 Nine months ended September 30, 2026 Cash flows from operating activities Profit (loss) before tax (49,243) 770,186 Depreciation and amortization 142,810 139,028 Impairment losses 14,278 2,561 Gain on sale of businesses ― (450,265) Finance income and finance costs 181,747 (13,976) Share-based payment expenses 29,083 28,345 Insurance income (152) (70) Foreign exchange loss (gain) (3,953) 11,648 Loss (gain) on sales of property, plant and equipment, and intangible assets (1,636) (605) Loss on disposal of fixed assets 3,549 806 Decrease (increase) in inventories (1,315) (45,892) Decrease (increase) in trade and other receivables (4,327) (33,621) Decrease (increase) in other current assets (2,391) (12,017) Decrease (increase) in other financial assets 20,529 2,423 Decrease (increase) in long-term prepaid expenses ― (13,022) Increase (decrease) in trade and other payables (12,952) 32,859 Increase (decrease) in retirement benefit liability (986) (1,519) Increase (decrease) in provisions (7,936) (1,257) Increase (decrease) in other current liabilities 10,662 14,008 Increase (decrease) in other financial liabilities 397 33 Other 2,359 2,402 Subtotal 320,523 432,055 Interest received 7,780 10,596 Dividends received 63 602 Proceeds from insurance income 152 70 Income taxes paid (31,805) (59,365) Net cash flows from operating activities 296,713 383,958 Cash flows from investing activities Purchase of property, plant and equipment (70,651) (63,048) Proceeds from sales of property, plant and equipment 5,113 782 Purchase of intangible assets (35,133) (36,488) Purchase of other financial assets (4,007) (12,173) Proceeds from sales of other financial assets 2,410 1,723 Payments for acquisitions of subsidiaries (2,823) (3,544) Payments for settlement of contingent consideration of subsidiary shares ― (1,328) Purchase of shares of subsidiaries and associates (698) (982) Subsidies received 4,143 577 Proceeds from sale of businesses 4,728 234,568 Other 2,404 (3,525) Net cash flows from investing activities (94,514) 116,562
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15 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 (In millions of yen) Nine months ended September 30, 2025 Nine months ended September 30, 2026 Cash flows from financing activities Proceeds from short-term borrowings 38,000 ― Repayments of short-term borrowings (38,000) ― Repayments of long-term borrowings (107,054) (81,148) Dividends paid (50,307) (50,805) Repayments of lease liabilities (7,448) (8,088) Interest paid (11,859) (14,527) Other (4) (6) Net cash flows from financing activities (176,672) (154,574) Effect of exchange rate changes on cash and cash equivalents (16,340) (4,661) Net increase (decrease) in cash and cash equivalents 9,187 341,285 Cash and cash equivalents at beginning of the period 229,249 295,897 Cash and cash equivalents at end of the period 238,436 637,182
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16 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 2.5 Notes to Condensed Consolidated Financial Statements (Notes about Going Concern Assumption) Not applicable. (Basis for Preparation) (1) Basis of measurement The condensed consolidated financial statements of the Group are measured at a n acquisition cost except for items such as financial instruments measured at fair value. (2) Functional currency and presentation currency The condensed consolidated financial statements are presented in Japanese yen (rounded to the nearest million yen), which is the functional currency of the Company. (3) Change in Presentation (Condensed Consolidated Statement of Cash Flows) Within cash flows from operating activities category, “Decrease (increase) in other current assets,” which was disclosed in “Other” for the nine months ended September 30, 2025, has been presented separately for the nine months ended September 30, 2026 due to the increase in its materiality. As a result, in the consolidated statement of cash flows for t he nine months ended September 30, 2025, “Decrease (increase) in other current assets” of (2,391) million yen is separately presented under cash flows from operating activities. Consequently, “Other” of cash flows from operating activities has been revised from (32) million yen to 2,359 million yen. (Basis of Condensed Consolidated Financial Statements) (1) Scope of consolidation A. For the three months ended March 31, 202 6, one company has been excluded from the scope of consolidation due to a merger and one company due to liquidation. B. For the three months ended June 30, 2026, t wo companies have been newly included in the scope of consolidation due to acquisitions. Additionally, two companies have been excluded from the scope of consolidation due to mergers and one company due to liquidation. C. For the three months ended September 30, 202 6, one company has been excluded from the scope of consolidation due to a merger and two companies due to liquidation. (2) Scope of Application of equity method No change in the scope of application of equity method. (Material Accounting Policies) The material accounting policies for the condensed consolidated financial statements of the Group are the same as the accounting policies applied in preparing the Group's consolidated financial statements for the year ended December 31, 2025. In addition, income taxes for the nine months ended September 30, 2026 are calculated using the estimated annual effective tax rate. (Significant Accounting Estimates and Judgments) In preparing the condensed consolidated financial statements, management of the Group makes judgements, accounting estimates and assumptions that could have an impact on the application of accounting policies and the reporting amounts of assets, liabilities, revenue and expenses. These estimates and assumptions are based on the best judgment of management, taking into account various factors that are deemed reasonable on the closing date in light of past experience and available information. However, figures based on these estimates and assumptions may differ from the actual results due to their nature. Estimates and underlying assumptions are reviewed continuously. The results of the review of these estimates are reflected in the period when the estimates are revised and for the future periods. Except as described below, the significant accounting estimates and judgments for the condensed consolidated financial statements for the nine months ended September 30, 2026 are the same as those applied in the consolidated financial statements for the year ended December 31, 2025. Basis of consolidation The Company’s U.S. subsidiary holds 16,852,372 shares of common stock, warrants for 4,943,555 additional shares of common stock and convertible notes of Wolfspeed, Inc. (hereinafter “Wolfspeed”). However, these shares are subject to holding limitations (exercise of warrants or conversion of convertible notes exceeding 39.9% is invalid) and voting rights limitations (limited to 9.9%). Accordingly, neither the Company nor its U.S. subsidiary has control over, or significant influence on, Wolfspeed. Therefore, Wolfspeed is not included in the scope of consolidation of the Group, nor does the equity method of accounting apply.
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17 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 (Business Segments) (1) Overview of reportable segments The Group’s reportable segments are components of the Group for which separate financial information is available that is evaluated regularly by the Company’s Board of Directors to determine the allocation of management resources and assess performance. The Group mainly consists of “Automotive Business” and “Industrial/Infrastructure/IoT Business” and those are the Group’s reportable segments. The Automotive Business includes the product categories “Automotive control,” comprising semiconductor devices fo r controlling automobile engines and bodies, and “Automotive information,” comprising semiconductor devices used in sensing systems for detecting environments inside and outside the vehicle as well as automotive information devices such as IVI (In -Vehicle Infotainment) and instrument panels used to give various information to the driver of the vehicle. The Group mainly supplies MCUs (microcontrollers), S oC (System-On- Chip), analog semiconductor devices and power semiconductor devices in each of these categories. The Industrial/Infrastructure/IoT Business includes the product categories “Industrial,” “Infrastructure” and “IoT” which support the smart societ y. The Group mainly supplies MCUs, SoC, analog semiconductor devices and power semiconductor devices in each of these categories. Additionally, commissioned development and manufacturing from the Group’s design and manufacturing subsidiaries are categorized as “Other.” (Changes in Reportable Segments) The Company announced that the Company’s U.S. subsidiary and SiTime signed a definitive agreement to transfer the Group’s Timing Business to SiTime. The transfer was approved by the Company’ s Board of Directors on February 5, 2026. The transfer was completed on July 1, 2026. Following this change, the reportable segment classification for the relevant business has been reclassified from “Automotive Business ” and “Industrial/Infrastructure/IoT Business ” to “Other” from the beginning of the current fiscal year to the date of the transfer. Note that segment information for the nine months ended September 30, 2025, has been prepared based on the categorization method following the change. (2) Information on reportable segments The accounting treatment for the reportable segments is the same as described in “(Material Accounting Policies).” The Group discloses revenue from external customers, segment gross profit, and segment operating profit (which is the segment profit). Revenue from external customers, segment gross profit, and segment operating profit are internal key performance indicators which are used by management when making decisions and are calculated by excluding the following items from IFRS revenue, gross profit and operating profit (Adjustments 2): amortization of purchased intangible assets and depreciation of property, plant and equipment related to business combinations; certain share -based payment expenses; non-recurring revenue that the Group has determined should be excluded ; and other non -recurring items. Other non-recurring items include costs related to acquisitions , gains and losses the Group believes to be appropriate for deduction and the gain on the sale of Timing Business . However, non-recurring revenue that the Group has determined should be excluded ; and certain other non -recurring items the Group believes to be covered by each reportable segment and other segment are included in revenue from external customers , segment gross profit , and segment operating profit (Adjustments 1). The Company’s Board of Directors assesses the performance after eliminating intragroup transactions, and therefore, there are no transfers between the reportable segments included within the segment results. Information on reportable segments is as follows. (Nine months ended September 30, 2025) (In millions of yen) Reportable Segments Other Adjustments 1 Total Adjustments 2 Consolidation basis Automotive Industrial/ Infrastructure/ IoT Revenue from external customers 475,097 464,912 27,606 ― 967,615 2,060 969,675 Segment gross profit 253,042 280,404 17,851 752 552,049 (5,580) 546,469 Segment operating profit 139,668 112,794 11,108 15,307 278,877 (144,956) 133,921 Finance income 11,161 Finance costs (193,955) Share of loss of investments accounted for using equity method (370) Loss before tax (49,243) (Other items) Depreciation and amortization 32,640 24,147 610 ― 57,397 85,413 142,810
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18 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 (Nine months ended September 30, 2026) (In millions of yen) Reportable Segments Other Adjustments 1 Total Adjustments 2 Consolidation basis Automotive Industrial/ Infrastructure/ IoT Revenue from external customers 548,153 656,010 29,348 (20,730) 1,212,781 21,878 1,234,659 Segment gross profit 304,616 405,760 19,930 (16,415) 713,891 11,580 725,471 Segment operating profit 188,334 220,097 14,408 (14,155) 408,684 349,307 757,991 Finance income 30,622 Finance costs (18,071) Share of loss of investments accounted for using equity method (356) Profit before tax 770,186 (Other items) Depreciation and amortization 35,918 28,800 510 (54) 65,174 73,854 139,028 (Three months ended September 30, 2025) (In millions of yen) Reportable Segments Other Adjustments 1 Total Adjustments 2 Consolidation basis Automotive Industrial/ Infrastructure/ IoT Revenue from external customers 158,791 166,529 8,881 ― 334,201 1,163 335,364 Segment gross profit 87,700 98,856 5,779 134 192,469 (204) 192,265 Segment operating profit 56,070 45,664 3,971 (2,517) 103,188 (30,568) 72,620 Finance income 52,323 Finance costs (4,766) Share of loss of investments accounted for using equity method (132) Profit before tax 120,045 (Other items) Depreciation and amortization 10,711 8,480 166 ― 19,357 25,412 44,769 (Three months ended September 30, 2026) (In millions of yen) Reportable Segments Other Adjustments 1 Total Adjustments 2 Consolidation basis Automotive Industrial/ Infrastructure/ IoT Revenue from external customers 189,474 243,804 1,890 ― 435,168 749 435,917 Segment gross profit 104,839 153,212 277 ― 258,328 (1,268) 257,060 Segment operating profit 62,273 88,270 (23) ― 150,520 414,791 565,311 Finance income 5,515 Finance costs (55,321) Share of loss of investments accounted for using equity method (104) Profit before tax 515,401 (Other items) Depreciation and amortization 12,455 10,389 1 ― 22,845 22,000 44,845
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19 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 (3) Information on products and services Information on products and services is the same as information on the reportable segments and therefore, omitted from this section. (4) Information on regions and countries The breakdown of revenue from external customers by region is as follows. (In millions of yen) Nine months ended September 30, 2025 Nine months ended September 30, 2026 China 300,849 375,375 Asia (Excluding Japan and China) 220,067 298,462 Japan 195,978 260,513 Europe 149,601 184,286 North America 101,559 113,305 Others 1,621 2,718 Total 969,675 1,234,659 (In millions of yen) Three months ended September 30, 2025 Three months ended September 30, 2026 China 103,220 133,637 Asia (Excluding Japan and China) 80,804 112,212 Japan 65,088 93,586 Europe 51,175 62,736 North America 34,413 32,664 Others 664 1,082 Total 335,364 435,917 (Note) Revenue is categorized into the countries and regions based on the location of the customers.
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20 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 (Business Combinations) (1) Significant business combinations Nine months ended September 30, 2025 There were no significant business combinations during the nine months ended September 30, 2025. Nine months ended September 30, 2026 There were no significant business combinations during the nine months ended September 30, 2026. (2) The contingent consideration The contingent consideration resulted from the business combination with Panthronics AG (hereinafter “Panthronics”) Contingent consideration includes at most 61 million USD which will be paid based on the contract when several certain conditions (milestones) are met such as future product development and mass production progress of Panthronics. The fair value of the contingent consideration is calculated as the present value of the amount that may be paid to Panthronics, with consideration of the probability of occurrence. The level of the fair value hierarchy for the contingent consideration is Level 3. The reconciliation table of the change for the contingent consideration classified in Level 3 from the beginning balance to the ending balance is as described below. (In millions of yen) Nine months ended September 30, 2025 Nine months ended September 30, 2026 Beginning balance 1,582 1,566 Settlement of amount during the period ― (1,328) Exchange differences (93) 14 Ending balance 1,489 252 Panthronics changed its company name from Panthronics AG to Renesas Design Austria GmbH on October 12, 2023.
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21 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 (Trade and Other Receivables) The components of trade and other receivables are as follows. (In millions of yen) As of December 31, 2025 As of September 30, 2026 Notes and trade receivables 156,172 190,047 Other receivables 13,752 13,780 Loss allowance (800) (767) Total 169,124 203,060 (Note) Trade and other receivables are classified as financial assets measured at amortized cost. (Trade and Other Payables) The components of trade and other payables are as follows. (In millions of yen) As of December 31, 2025 As of September 30, 2026 Trade payables 98,999 115,163 Other payables 61,509 41,195 Electronically recorded obligations 9,620 6,483 Refund liabilities 56,109 72,568 Total 226,237 235,409 Current liabilities 219,167 235,033 Non-current liabilities 7,070 376 (Note) Trade and other payables are classified as financial liabilities measured at amortized cost.
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22 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 (Bonds and Borrowings) (1) Bonds Nine months ended September 30, 2025 Not applicable. Nine months ended September 30, 2026 Not applicable. (2) Borrowings Nine months ended September 30, 2025 In April 2025, the Company executed a short -term borrowing of 38,000 million yen from MUFG Bank, Ltd., Mizuho Bank, Ltd., and Sumitomo Mitsui Trust Bank, Limited. under a commitment line agreement dated June 25, 2024. The Company repaid 28,000 million yen of the borrowed amount in June 2025, and the entire amount was fully repaid by July 2025. Additionally, the Company has breached certain financial covenants related to loan agreements for the six months ended June 30, 2025. However, the Company has obtained consent from the financial institutions not to exercise their right to demand immediate repayment due to this breach. Nine months ended September 30, 2026 Not applicable. (Share Capital and Other Equity Items) Nine months ended September 30, 2025 The Company conducted transactions involving the disposal of treasury shares, including the exercise of stock options and the vesting of Restricted Stock Unit (RSU) and Performance Share Unit (PSU), resulting in a decrease of 17,490,862 shares of treasury stock for the nine months ended September 30, 2025. As a consequence, treasury shares decreased by 20,814 million yen for the nine months ended September 30, 2025. As a result, the amount of treasury shares held was 71,306 million yen as of September 30, 2025. Nine months ended September 30, 2026 The Company conducted transactions involving the disposal of treasury shares, including the exercise of stock options and the vesting of Restricted Stock Unit (RSU) and Performance Share Unit (PSU), resulting in a decrease of 16,869,366 shares of treasury stock for the nine months ended September 30, 2026. As a consequence, treasury shares decreased by 20,077 million yen for the nine months ended September 30, 2026. As a result, the amount of treasury shares held was 49,935 million yen as of September 30, 2026. (Dividends) (1) Dividend payment amounts Nine months ended September 30, 2025 Resolution Class of shares Total amount of dividends (million yen) Dividend per share (yen) Record date Effective date Source of dividend March 26, 2025 Annual general meeting of shareholders Ordinary shares 50,320 28 December 31, 2024 March 31, 2025 Retained earnings Nine months ended September 30, 2026 Resolution Class of shares Total amount of dividends (million yen) Dividend per share (yen) Record date Effective date Source of dividend March 25, 2026 Annual general meeting of shareholders Ordinary shares 50,814 28 December 31, 2025 March 30, 2026 Retained earnings (2) Dividends with a record date within the nine months ended September 30, 2025, but an effective date is after September 30, 2025, and dividends with a record date within the nine months ended September 30, 2026, but an effective date is after September 30, 2026 Nine months ended September 30, 2025 Not applicable. Nine months ended September 30, 2026 Not applicable. (Revenue) All the revenue arises from contracts with customers. In addition, disaggregation of revenue recognized from contracts with customers is stated in “(Business Segments), (2) Information on reportable segments and (4) Information on regions and countries.”
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23 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 (Selling, General and Administrative Expenses) The components of selling, general and administrative expenses are as follows. (In millions of yen) Nine months ended September 30, 2025 Nine months ended September 30, 2026 Research and development expenses 175,855 190,722 Personnel expenses 81,991 96,321 Depreciation and amortization 90,697 79,144 Retirement benefit expenses 3,787 4,272 Other 34,760 41,719 Total 387,090 412,178 (In millions of yen) Three months ended September 30, 2025 Three months ended September 30, 2026 Research and development expenses 56,999 66,138 Personnel expenses 26,779 37,093 Depreciation and amortization 27,193 23,482 Retirement benefit expenses 1,261 1,182 Other 11,171 12,226 Total 123,403 140,121 (Note) Research and development expenses are included in selling, general and administrative expenses. Related expenses such as outsourcing costs, personnel expenses, depreciation and amortization costs and material costs are mainly included in research and development expenses.
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24 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 (Other Income) The components of other income are as follows. (In millions of yen) Nine months ended September 30, 2025 Nine months ended September 30, 2026 Gain on sale of businesses (Note) ― 450,265 Gain on sale of fixed assets 2,885 705 Compensation income 695 139 Reversal of allowance for doubtful accounts 874 34 Other 1,513 4,346 Total 5,967 455,489 (In millions of yen) Three months ended September 30, 2025 Three months ended September 30, 2026 Gain on sale of businesses (Note) ― 450,265 Gain on sale of fixed assets 2,326 400 Reversal of allowance for doubtful accounts 845 34 Other 513 631 Total 3,684 451,330 (Note) The gain on sale of businesses recognized for the nine and three months ended September 30, 2026 , resulted from the completion of the transfer of the Timing Business to SiTime on July 1, 2026.
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25 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 (Other Expenses) The components of other expenses are as follows. (In millions of yen) Nine months ended September 30, 2025 Nine months ended September 30, 2026 Business restructuring expenses (Note 1) 6,705 4,923 Impairment losses (Note 2) 14,278 2,561 Loss on disposal of fixed assets 3,549 806 Provision for loss on litigation 2,498 ― Other 4,395 2,501 Total 31,425 10,791 (In millions of yen) Three months ended September 30, 2025 Three months ended September 30, 2026 Business restructuring expenses (Note 1) 1,145 1,902 Impairment losses (Note 2) 537 141 Provision for loss on litigation (3,328) ― Other 1,572 915 Total (74) 2,958 (Note) 1. Business restructuring expenses consist of personnel-related expenses, such as premium retirement payments and other related costs. 2. The main component of impairment losses pertains to the recognition of impairment on assets which are not expected to be utilized and are scheduled for disposal. (Subsequent Events) Not applicable.
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26 Renesas’ Consolidated Financial Results for the Third Quarter Ended September 30, 2026 About Renesas Electronics Corporation Renesas Electronics Corporation (TSE: 6723) empowers a safer, smarter and more sustainable future where technology helps make our lives easier. A leading global provider of microcontrollers, Renesas combines our expertise in embedded processing, analog, power and connectivity to deliver complete semiconductor solutions. These Winning Combinations accelerate time to market for automotive, industrial, infrastructur e and IoT applications, enabling billions of connected, intelligent devices that enhance the way people work and live. Learn more at renesas.com. Follow us on LinkedIn, Facebook, X, YouTube, and Instagram. (FORWARD-LOOKING STATEMENTS) The statements in this press release with respect to the plans, strategies and financial outlook of Renesas and its consolidated subsidiaries (collectively “we”) are forward -looking statements involving risks and uncertainties. Such forward-looking statements do not represent any guarantee by management of future performance. In many cases, but not all, we use such words as “aim,” “anticipate,” “believe,” “continue,” “endeavor,” “estimate,” “expect,” “initiative,” “intend,” “may,” “plan,” “potential,” “prob ability,” “project,” “risk,” “seek,” “should,” “strive,” “target,” “will” and similar expressions to identify forward-looking statements. You can also identify forward-looking statements by discussions of strategy, plans or intentions. These statements dis cuss future expectations, identify strategies, contain projections of our results of operations or financial condition, or state other forward -looking information based on our current expectations, assumptions, estimates and projections about our business and industry, our future business strategies and the environment in which we will operate in the future. Known and unknown risks, uncertainties and other factors could cause our actual results, performance or achievements to differ materially from those contained or implied in any forward-looking statement, including, but not limited to, general economic conditions in our markets, which are primarily Japan, North America, Asia, and Europe; demand for, and competitive pricing pressure on, products and services in the marketplace; ability to continue to win acceptance of products and services in these highly competitive markets; and fluctuations in currency exchange rates, particularly between the yen and the U.S. dollar. Among other factors, downturn of the world economy ; deteriorating financial conditions in world markets, or deterioration in domestic and overseas stock markets, may cause actual results to differ from the projected results forecast. This press release is based on the economic, regulatory, market and other conditions as in effect on the date hereof. It should be understood that subsequent developments may affect the information contained herein, which neither we nor our advisors or representatives are under an obligation to update, revise or affirm. ### Media Contact Investor Contact Corporate Communications Office Investor Relations +81 3-6773-3001 +81 3-6773-3002 pr@renesas.com ir@renesas.com