© 2017 Synopsys, Inc. 1

Victor Grimblatt R&D Group Director & General Manager

4/4/17

11 years of success Synopsys Chile

© 2017 Synopsys, Inc. 2

>5,900 Masters/PhD

Degrees

>2,700 IP Designers

>2,300 Applications Engineers

Synopsys at a Glance

>$2.4B FY16

Revenue

30% Revenue on R&D

>11,200 Employees

© 2017 Synopsys, Inc. 3

Synopsys Presence

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Synopsys in Chile since

2006

© 2017 Synopsys, Inc. 5

Why Chile?

• Country stability • Competitive cost compared to other offshore locations • Very low turnover • First mover advantage • Excellent level of professional in electronics and computer science • Excellent knowledge and experience in Software Engineering •  IC design courses at University of Chile • Open the door to the rising Latin American market

(Presented to Corporate Staff in 2005)

© 2017 Synopsys, Inc. 6

Yearly Expenses (CLP)

-

500.000.000

1.000.000.000

1.500.000.000

2.000.000.000

2.500.000.000

3.000.000.000

3.500.000.000

4.000.000.000

2008-12 2009-12 2010-12 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12

Years

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Headcount per Year

0

10

20

30

40

50

60

70

80

90

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

© 2017 Synopsys, Inc. 8

Current Situation

• 80 FTE + 3 contractors – 76 R&D engineers – 1 IT support – 2 Admin Assistants – 1 receptionist – 1 Accounting Assistant (contractor) – 1 Risk Preventionist (contractor) – 1 Managing Director

• 3 Interns

© 2017 Synopsys, Inc. 9

Implement a ramp up process allowing employees to be fully productive in 3 months

Uses productivity as main measure of success (productivity vs. cost objective).

Provides an excellent development and working environment to employees while keeping costs under control and competitive Planned, focused growth in close agreement with sponsoring BUs

Keys of Success

© 2017 Synopsys, Inc. 10

Meet commitments and schedules as a way to create confidence in Chile office into the Bus

Participate on core projects

Work closely with universities through the Synopsys University Program and internship program creating a candidate pipeline

Keep local focus avoiding overhead

Keys of Success

© 2017 Synopsys, Inc. 11

What Chile has to Do

Define long term policies (independent of current government).

Define technology as a key factor of our economy.

Define the creation of the ecosystem as a key for the success.

Diversify the industry to incorporate higher added value, and to orient towards fast-growing products and services (opposed to commodities).

Increase R&D investment, especially the private one.

Improve the availability of talents (influence university programs).

Improve the English level of professionals (mandatory certifications).

Thank You