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Safe Harbor Statement

Safe Harbor Statement

This Webcast contains forward-looking statements, including those regarding Applied’s
performance, acquisition of Varian, opportunities, economic and industry outlooks, market
positions, tax rate, capital allocation principles, cost reduction activities, and Q1 and fiscal year
2012 business outlooks; customers’ investments; and all other statements that are not historical
facts. These statements are subject to known and unknown risks and uncertainties that could
cause actual results to differ materially from those expressed or implied by such statements,
including: the level of demand for Applied’s products, which is subject to many factors, such as
uncertain global economic and industry conditions, business and consumer spending, demand for
electronic products and semiconductors, government renewable energy policies and incentives,
and customers’ utilization rates and new technology and capacity requirements; variability of
operating expenses and results among the company’s segments caused by differing conditions in
the served markets; Applied’s ability to (i) develop, deliver and support a broad range of
products, expand its markets and develop new markets, (ii) effectively integrate Varian’s
operations, product lines, technology and employees and realize synergies, (iii) maintain effective
cost controls and timely align its cost structure with business conditions, (iv) plan and manage its
resources and production capability, including its supply chain, (v) implement initiatives that
enhance global operations and efficiencies, (vi) obtain and protect IP, (vii) attract, motivate and
retain key employees, and (viii) accurately forecast future operating and financial results, which
depends on multiple assumptions related to, without limitation, market conditions, customer
requirements and business needs; and other risks described in Applied Materials’ SEC filings.
All forward-looking statements are based on management’s estimates, projections and
assumptions as of November 16, 2011, and Applied undertakes no obligation to update any
forward-looking statements.
This Webcast also contains non-GAAP financial measures. Reconciliations of the non-GAAP
measures to GAAP measures are provided in today's earnings release and/or in the Earnings Call
Highlights slides, available on the Investor Page at ww.appliedmaterials.com.


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