INVESTOR PRESENTATION As of October 29, 2013

Safe Harbor Statement

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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; projected inventory ramps; 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 30, 2013, 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.

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Cirrus Logic at a Glance

• Founded 1984 • Listed on NASDAQ: CRUS • Headquartered in Austin, TX • Fabless

PROFILE

• Audio: Portable, Home Entertainment, Automotive • Energy: LED Lighting, Power Meters, Industrial PRODUCTS

• Analog & Digital Signal Processing • Engineering Execution • Supply Chain Management • Extensive IP Portfolio

(Over 1,100 Issued/Pending Patents)

CORE COMPETENCIES

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Compelling Business Strategy

LEVERAGE BEST IN CLASS IP

TARGET FAST GROWING MARKETS

ENGAGE TIER-ONE MARKET LEADERS

DEVELOP MEANINGFUL ENGINEERING

RELATIONSHIPS

DESIGN BEST-IN-CLASS CUSTOM &

SEMI-CUSTOM PRODUCTS

EXPAND WITH MORE CONTENT, MORE

BOXES

HIGH OPERATING MARGINS

STRONG CASH FLOW

LEADER IN ANALOG & MIXED SIGNAL

TECHNOLOGY

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Focus on Tier One Customers

•  Over 2,500 customers worldwide •  Largest customer represented 80% of revenue in Q2 FY14 •  Majority of products sold through direct sales channels

Solid Organic Revenue Growth •  FY2013 revenue Up 90% Y/Y •  Growth driven by new products

Strong Operating Cash Flow •  FY2013 operating cash flow up 93% Y/Y

 $23M    

 $161M  

FY2009   FY2013  

 $175M    

 $810M    

FY2009   FY2013  

Proven Execution Track Record

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36% CAGR 47% CAGR

Unique Corporate Culture

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“Best Places to Work” 2011, 2012 & 2013

COMMUNITY SUPPORT

WORK HARD, PLAY HARD

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AUDIO

Portable Audio Products

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SMARTPHONES

TABLETS

CAMCORDERS MEDIA

PLAYERS

Portable Audio: An Evolving Market

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Global Smartphone Market Maturing: •  Ultra high volume •  Very competitive market

Portable Audio Opportunity Continuing to Grow Long Term:

•  Voice experience becoming more important in a broader range of products

•  New device form factors being introduced •  Customers requiring very low power solutions

for complex audio challenges Introduction of New Devices:

•  Headphones/Headsets •  Wearables •  Smart Devices

Source: iSuppli and Company estimates

Global Smartphone Market

35%  

28%  

20%  

15%   13%  

 400.0    

 500.0    

 600.0    

 700.0    

 800.0    

 900.0    

 1,000.0    

 1,100.0    

 1,200.0    

 1,300.0    

 1,400.0    

0%  

5%  

10%  

15%  

20%  

25%  

30%  

35%  

40%  

2012   2013   2014   2015   2016  

%  Unit  Growth   Unit  Shipments  

650M  Units  

1.3B  Units  

Additional Features Driving TAM Expansion

Features Driving Future Innovation

Multi-Microphone Beamforming

High Performance Mixed Signal >105dB

Adaptive Noise Canceling (ANC)

Boosted Amp w/ Speaker Protection

Audio DSP

Audio CODEC

Audio AMP

Always-On Voice & Contextual Awareness

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Noise Suppression

Echo Cancellation

Audio & Voice Experience Driving Innovation

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ULTRA LOW POWER DSP Enabling new and innovative

features

BOOSTED SPEAKER AMPLIFIERS Delivering louder sound with micro speakers

without reducing the quality

ADAPTIVE NOISE CANCELING Better voice quality – you can hear them better in

a loud environment

HIGH FIDELITY Higher quality audio reproduction without sacrificing ultra low power consumption

Other Audio Products

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HOME ENTERTAINMENT

AUTOMOTIVE

PROFESSIONAL

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Other Audio: Established Base Business

HOME ENTERTAINMENT AUTOMOTIVE

STRONG CUSTOMER BASE

(Sony, Harman, Bose, Ford, LG)

COMPREHENSIVE PRODUCT PORTFOLIO (ADC, DAC, CODEC, DSP, Interface, Amps)

HIGH DOLLAR CONTENT (Up to $13 per box)

PROFESSIONAL

Audio: Expanding Total Available Market

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Total Unit Market Opportunity

Total Dollar Market Opportunity

Source: iSuppli, IMS Research, Goldman Sachs, Display Search, Gartner, Instat and Company estimates

2012   2016  

Portable  Audio     Other  Audio    

$6.2B  

174%  Growth    

$2.2B  

2012   2016  

Portable  Audio     Other  Audio    

1.3Bu  

2.8Bu  

118%  Growth    

Cirrus Logic Advantage in Audio

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STRONG IP PORTFOLIO TIER-ONE CUSTOMERS

FAST GROWING MARKETS ENGINEERING EXECUTION

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ENERGY

Energy Products

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LED LIGHTING

POWER METERS

INDUSTRIAL SEISMIC

274Mu  

1.4Bu  

1.9Bu  

2012   2014   2016  

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LED Lighting: An Emerging Market

48% CAGR

Replacement LED Light Bulb TAM

Source:  IMS  Research  2012/2013  

Where We Are Today: •  Targeting replacement residential and

commercial LED light bulb market •  Providing a price competitive best-in-class

dimmable LED controller •  Shipping in two tier-one OEMs in US &

Europe Where We Expect to Go:

•  Consumer adoption accelerating in CY2013-2014

•  Expanding into more SKUs and customers •  Percent of dimmable LED bulbs vs non-

dimmable will increase from ~25% in 2012 to ~40% in 2016

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Key Issue: LED Dimmer Compatibility

Installed Base: +500M Worldwide

Standards: None

Different types: +1000 Worldwide

Incompatibility Issues:

High Product Returns: Impact OEM Brand

Slows Market Adoption

Flickering Light No Light No Dimming

Limited Dimming Range Inability to Turn On and Off

LED is the Future of Lighting

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Cirrus Logic Advantage •  Tested on over 200 dimmers: 98%

compatible •  Better dimmer compatibility: less

flicker, good dimming range •  Enables warm, natural light quality

across the dimming curve similar to an incandescent bulb

•  Programmable platform •  Extensive IP portfolio

SMALLER FOOTPRINT Reducing the cost delta of dimming vs. non-dimming

EXPANDING MARKET Flexible programmable

platform for other markets: MR16’s, commercial

and tubes

“INTELLIGENT” LED CONTROLLER Digital controller in the bulb recognizes type of dimmer

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Cirrus Logic in Smart Meters

HIGH ACCURACY, LOW COST ANALOG FRONT END

FOCUS ON MARKET LEADERS

EXPANDING INTERNATIONAL FOOTPRINT

FLEXIBLE ARCHITECTURE ENABLES USE IN OTHER

SMART GRID APPLICATIONS

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FINANCIALS

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Key Balance Sheet Items

• $309M, up $36M from the prior quarter • Cash flow from operations $54M • No debt

CASH

• $200M repurchase announced Nov 20, 2012 • As of September 28, 2013, repurchased ~3.6M shares of

common stock at an average price of $27.34 • ~$102M remaining

BUYBACK

• $55M deferred tax asset remaining TAXES

• Q2 ending inventory $91.2M , down from $110.6M in Q1 INVENTORY

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Significant Decrease in Share Count

•  Board has authorized $450M for the repurchase of shares since February 2008

•  Reduced share count by ~25%

•  Repurchased ~34.7M shares at average price of $12.97

•  $102M remaining in current authorization

88M  

69M  66M  

FY2008   FY2013   Nov  FY2014  

0  

5  

10  

15  

20  

25  

30  

35  

40  

45  

50  

Q1/FY12  

Q2/FY12  

Q3/FY12  

Q4/FY12  

Q1/FY13  

Q2/FY13  

Q3/FY13  

Q4/FY13  

Q1/FY14  

Q2/FY14  

SG&A  

R&D  

R&D Investment: Driving Future Opportunities R

&D

and

SG

&A

Exp

ense

s in

$M

illio

ns

667

623 635

594

644*

Headcount

698

665

637

*Headcount reduction reflects sale of Apex assets

652

26

678

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Solid Operating Margin Profile

*GAAP to non-GAAP reconciliations available on slide 29 and at www.cirrus.com **Includes $20.7M inventory reserve

16%  

18%  

22%  19%  

11%  

26%  

34%  

16%**  

20%  

27%  

19%  

22%  24%  

23%  

15%  

29%  

37%  

19%  

24%  

30%  

0%  

5%  

10%  

15%  

20%  

25%  

30%  

35%  

40%  

Q1/FY12   Q2/FY12   Q3/FY12   Q4/FY12   Q1/FY13   Q2/FY13   Q3/FY13   Q4/FY13   Q1/FY14   Q2/FY14  

GAAP     Non-­‐GAAP*    

§  September Quarter Results (Q2) §  Revenue: $190.7M

§  Up 23% Q/Q §  Gross Margin: 52% §  R&D/SGA: $49M

(incl. $5.6M in stock comp and other)

§  December Guidance (Q3)*

§  Revenue: $200 - $220M §  Gross Margin: 45% - 47% §  R&D and SG&A: $50 - $54M

(incl. $7M in stock comp and other)

*Forecast as of October 29, 2013 **GAAP to non-GAAP reconciliations available on slide 29 and at www.cirrus.com

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Financial Results and Outlook

Revenue *Midpoint of guidance as of October 29, 2013

EPS

**

Q1/FY12  

Q2/FY12  

Q3/FY12  

Q4/FY12  

Q1/FY13  

Q2/FY13  

Q3/FY13  

Q4/FY13  

Q1/FY14  

Q2/FY14  

Q3/FY14  

$92     $102    $122     $111     $99    

$194    

$310    

$207    

$155    $191    

$210*    

Q1/FY13  

Q2/FY13  

Q3/FY13  

Q4/FY13  

Q1/FY14  

Q2/FY14  

 $0.10    $0.22    

 $0.51    

$0.79    

 $0.99    

$1.64    

 $0.39    

$0.59    

 $0.31    

$0.56      $0.50    

$0.84    

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GAAP to Non-GAAP Reconciliation

Net Income ReconciliationGAAP Net IncomeAmortization and other acquisition related itemsStock based compensation expenseOther expenses **Provision (benefit) for income taxes

We use these Non-GAAP financial numbers to assist us in the management of the Company because we believe that this information provides a more consistent and complete understanding of the underlying results and trends of the ongoing business due to the uniqueness of these charges.

RECONCILIATION BETWEEN GAAP AND NON-GAAP FINANCIAL INFORMATION(unaudited, in thousands, except per share data)

(not prepared in accordance with GAAP)

CIRRUS LOGIC, INC.

Sep. 28, Jun. 29, Mar. 30, Dec. 29, Sep. 29, Jun. 30, Mar. 31, Dec. 31, Sep. 24, Jun. 25,2013 2013 2013 2012 2012 2012 2012 2011 2011 2011

Q2'14 Q1'14 Q4'13 Q3'13 Q2'13 Q1'13 Q4'12 Q3'12 Q2'12 Q1'1233,367$ 20,642$ 26,360$ 67,862$ 35,449$ 6,927$ 50,827$ 16,731$ 11,247$ 9,178$

- - - - 251 353 353 353 353 353 5,739 5,774 5,734 6,026 5,563 4,173 3,451 2,769 3,517 2,442 (154) 265 442 3,245 - - 263 - 622 -

16,378 10,161 7,372 35,667 13,580 3,355 (30,310) 8,992 6,163 4,984

We use these Non-GAAP financial numbers to assist us in the management of the Company because we believe that this information provides a more consistent and complete understanding of the underlying results and trends of the ongoing business due to the uniqueness of these charges.

RECONCILIATION BETWEEN GAAP AND NON-GAAP FINANCIAL INFORMATION(unaudited, in thousands, except per share data)

(not prepared in accordance with GAAP)

CIRRUS LOGIC, INC.RECONCILIATION BETWEEN GAAP AND NON-GAAP FINANCIAL INFORMATION

(unaudited, in thousands, except per share data)(not prepared in accordance with GAAP)

CIRRUS LOGIC, INC.

Non-GAAP Net IncomeEarnings Per Share reconciliation*GAAP Diluted earnings per shareEffect of Amortization and other acquisition related itemsEffect of Stock based compensation expenseEffect of Other expenses **Effect of Provision (benefit) for income taxes

Non-GAAP Diluted earnings per share

Operating Income ReconciliationGAAP Operating IncomeGAAP Operating MarginAmortization and other acquisition related itemsStock compensation expense - COGSStock compensation expense - R&DStock compensation expense - SG&AOther expenses **Non-GAAP Operating IncomeNon-GAAP Operating Margin

Operating Expense ReconciliationGAAP Operating ExpensesAmortization and other acquisition related itemsStock compensation expense - R&DStock compensation expense - SG&AOther expenses **Non-GAAP Operating Expenses* Certain YTD numbers may not tie to individual quarter presentation due to YTD share count dilution

55,330$ 36,842$ 39,908$ 112,800$ 54,843$ 14,808$ 24,584$ 28,845$ 21,902$ 16,957$

0.50$ 0.31$ 0.39$ 0.99$ 0.51$ 0.10$ 0.75$ 0.25$ 0.17$ 0.13$ - - - - - 0.01 0.01 0.01 0.01 0.01

0.09 0.09 0.09 0.09 0.08 0.06 0.05 0.04 0.05 0.03 - 0.01 0.01 0.05 - - - - 0.01 -

0.25 0.15 0.10 0.51 0.20 0.05 (0.45) 0.13 0.09 0.07 0.84$ 0.56$ 0.59$ 1.64$ 0.79$ 0.22$ 0.36$ 0.43$ 0.33$ 0.24$

50,665$ 31,505$ 33,805$ 106,129$ 50,425$ 10,471$ 20,888$ 26,399$ 17,913$ 14,336$ 27% 20% 16% 34% 26% 11% 19% 22% 18% 16%- - - - 251 353 353 353 353 353 239 6 296 218 119 118 113 92 104 89

2,158 2,854 2,976 3,234 2,097 2,243 1,753 1,613 1,181 1,043 3,342 2,914 2,462 2,574 3,347 1,812 1,585 1,064 2,232 1,310 (154) 265 442 3,245 - - 263 - 622 -

56,250$ 37,544$ 39,981$ 115,400$ 56,239$ 14,997$ 24,955$ 29,521$ 22,405$ 17,131$ 30% 24% 19% 37% 29% 15% 23% 24% 22% 19%

48,783$ 47,993$ 49,809$ 51,921$ 49,662$ 42,969$ 41,459$ 39,631$ 36,442$ 33,373$ - - - - (251) (353) (353) (353) (353) (353)

(2,158) (2,854) (2,976) (3,234) (2,097) (2,243) (1,753) (1,613) (1,181) (1,043) (3,342) (2,914) (2,462) (2,574) (3,347) (1,812) (1,585) (1,064) (2,232) (1,310)

154 (265) (442) (3,245) - - (263) - (622) - 43,437$ 41,960$ 43,929$ 42,868$ 43,967$ 38,561$ 37,505$ 36,601$ 32,054$ 30,667$

* Certain YTD numbers may not tie to individual quarter presentation due to YTD share count dilution

** Other expenses may contain certain items such as litigation expenses , proceeds from a patent agreement, restructuring items, sales reorganizations, asset gains and impairments of non-marketable securities. GAAP to non-GAAP reconciliations also availawww.cirrus.com.** Other expenses may contain certain items such as litigation expenses , proceeds from a patent agreement, restructuring items, sales reorganizations, asset gains and impairments of non-marketable securities. GAAP to non-GAAP reconciliations also available at www.cirrus.com.

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