Corporate presentation

October 2018

Overview

Customer need

Market opportunity

XMOS solution

Competitive advantage

The future

More about us

Customer needOur landscape’s changing. Technology’s more pervasive and our need for a more human interface is increasing. A shift from text to voice is needed – today.

Mult

imod

al

Text Speech

Keyboard1980-95

GUI1995-2005

Touch2005-15

Voice2015-20

Cognition2020+

Data

and

AI

Search mode

XMOS solutions

XMOS is at the forefront of the far-field voice interface market, with the most qualified, most comprehensive portfolio.

First to win Amazon AVS qualification for a far-field linear development kit

World’s only Amazon AVS qualified far-field stereo-AEC development kit

Significant intellectual property with 78 global hardware and algorithm patents.

Best in class (accuracy and range) across long distances, in real-world noise environments.

Market opportunityRapid growth is forecast. By 2021, XMOS total addressable market stands at >400m units (32% CAGR).

3.818.9

49.8

129.7

212.5

329.4

436.4

2015 2016 2017 2018 2019 2020 2021

Voice assistant integrated consumer devicesworldwide unit shipments (m)

Headphones

Games

Wearables

Smart Home

Wireless Networking

Appliances

STB

Media Streamer

Soundbar

Smart TV

Smart Speakers

stereo-AEC for 50% devices

There are low barriers to adoption of voice-interfaces. Voice will lead to a step change in how we use technology.

23% 24% 33%

Knowledge of products

Security & privacy concerns

Cost to purchase

Barriers to adoption

TodayThe most qualified, most comprehensive portfolio of far-field voice interfaces.

Stereo-AECvoice processor

Mono-AEC voice processors

XVF3000XVF3500 XF3100 with wake-word detection

Circular array for smart speakers

Linear array for TVs, soundbars and set-top boxes

Linear array for flat panels and household appliances

Deve

lopm

ent k

itsSi

licon

And in the future…

2022

Voice is becoming a must haveFar-field interfaces dominate - range and accuracy bring engagement

2020

2018

Voice is the new search engineCloud supports a seamless experienceMulti-modal devices at edge of room

Always-on trusted ‘digital twin’The interface is frictionlessIdentity + Context + Privacy

XMOS is the most trusted provider of human machine interfaces.

Choose XMOSXMOS is at the forefront of the far-field voice interface market, with the most qualified, most comprehensive portfolio.

Leading range and accuracy of far-field sound capture

Flexible software delivers best in class results

Dedicated client support throughout development

The only qualified stereo-AEC far-field development kit

About the leadership team

Sets company strategy and builds strategic partnerships. Has extensive, global experience in speech and compute vision technologies.

Leads innovation, profitable growth and future direction. Has extensive experience in blue-chips and start-ups across the electronics industry.

Drives world-class products and go-to-market capabilities. Has extensive experience in start-up and scale-ups across the electronics industry.

Sets strategy for silicon and software solutions. Was Reader (University of Bristol) for computer architecture, ubiquitous and wearable computing.

Runs financial planning, risk management and reporting. A seasoned finance professional with experience across public and private companies.

Mark LippettPresident & CEO

Paul NeilVP Marketing & Product

Aneet ChopraVP Business Development

Henk MullerCTO

Robin HallidayCFO

Andrew DewhurstVP Engineering

Joe ConnellyVP Sales

Responsible for product development and support. With 30 years experience in high tech ventures in consumer, automotive and defence sectors.

Steers the global sales team. Brings extensive sales experience to build new relationships, nurture existing clients and drive top-line growth.

Backed by tier 1 venture capitalists and strategic partners

TimelineCreating a world of possibilities by bringing technology closer to each and every one of us.

2005: start-upSpin-out from Bristol

university; A-funding in 2007

2009: win early leadApple drop firewire and we dominate USB audio market

2016: spin-offGraphcore is split out and formed as separate company

2017: world firstsTwo Amazon qualifications

for far-field dev kits

2014: start in voiceWe collaborate with Sony to adapt XMOS chip for voice

Customer implementations

We provide the front-end voice capture for this revolutionary new healthcare assistant

We provide the front-end voice capture for Deutsche Telekom’s intelligent smart-speaker

We provide the front-end voice capture in a smart TV from a top 10 global manufacturer

Pillo

Magenta

LaunchQ4’18

We provide the front-end voice capture for Tymphany’s reference design smart soundbarTymphany

Embargo

We provide the front-end voice capture in a set-top box from a leading quad-play provider

LaunchQ4’18 Embargo

In our customers’ words“We are extremely excited to introduce the TymphanyAlexa Built-In soundbar this year at IFA 2018. We areproud of our team’s efforts to realize this complex,ground-breaking and great performing soundbar referencedesign. We would not have been able to achieve thismilestone without the awesome support of the AmazonAlexa Voice Service and XMOS development teams.”

Chris von Hellermann, Senior Director of Technology Management

Tymphany“XMOS accelerate the deployment of Alexa indeeply embedded systems, new device types,and form-factors, bringing customers morechoice of where to access Alexa.”

Priya Abani, DirectorAmazon Alexa Voice Service

“We chose the XMOS VocalFusion technology for our eMeet OfficeCore M1 because of the superior far-field voice technology and unrivalled processing power it can deliver.”

Wyman Chen, CEO eMeet

"The XMOS solution was selected for use in oursmart voice assistant due to its superior far-fieldvoice technology. Martina […] has the ability toconnect and control a wide range of devices andservices using simple voice commands. Thequality of the voice processor is therefore criticalto its success as a product, and the XMOSsolution truly meets our performancerequirements."

Joe Wu, Senior DirectorPegatron Corporation

“Tymphany and XMOS have created asoundbar that enhances the listeningexperience by providing simple, hands-freeinteraction with Alexa. We’re excited to have anew solution that brings rich voice capabilitiesto our customers.”

Priya Abani, DirectorAmazon Alexa Voice Service

Find out more at xmos.com