# EDGAR Filing Document

**Accession Number:** 0001049502
**File Stem:** 0001193125-26-017468
**Filing Date:** 2026-1
**Character Count:** 68553
**Document Hash:** 0c98d0e8b0ec8c78070b389035cce9e8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-017468.hdr.sgml**: 20260121

**ACCESSION NUMBER**: 0001193125-26-017468

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 64

**CONFORMED PERIOD OF REPORT**: 20260121

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260121

**DATE AS OF CHANGE**: 20260121

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MKS INC
- **CENTRAL INDEX KEY:** 0001049502
- **STANDARD INDUSTRIAL CLASSIFICATION:** INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 042277512
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-23621
- **FILM NUMBER:** 26545272

**BUSINESS ADDRESS:**
- **STREET 1:** 2 TECH DRIVE
- **CITY:** ANDOVER
- **STATE:** MA
- **ZIP:** 01810
- **BUSINESS PHONE:** 978-645-5500

**MAIL ADDRESS:**
- **STREET 1:** 2 TECH DRIVE
- **CITY:** ANDOVER
- **STATE:** MA
- **ZIP:** 01810

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MKS INSTRUMENTS INC
- **DATE OF NAME CHANGE:** 19971112

?xml version='1.0' encoding='ASCII'? 8-K

### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### WASHINGTON, D.C. 20549

### FORM 8-K

#### CURRENT REPORT

#### Pursuant to Section 13 or 15(d)

#### of the Securities Exchange Act of 1934

#### Date of Report (Date of earliest event reported): January 21, 2026

## MKS INC.

#### (Exact name of Registrant as Specified in Its Charter)

---

| | | |
|:---|:---|:---|
| **Massachusetts** | **000-23621** | **04-2277512** |
| **(State or Other Jurisdiction**<br> **of Incorporation)** | **(Commission**<br> **File Number)** | **(IRS Employer**<br> **Identification No.)** |
| **2 Tech Drive** | | |
| **Andover, Massachusetts** |  | **01810** |
| **(Address of Principal Executive Offices)** |  | **(Zip Code)** |

---

#### Registrant's Telephone Number, Including Area Code: 978 645-5500

#### Not Applicable

#### (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

#### Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading**<br> **Symbol(s)** | **Name of each exchange**<br> **on which registered** |
| Common Stock, no par value | MKSI | Nasdaq Global Select Market |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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| | |
|:---|:---|
| **Item 2.02** | **Results of Operations and Financial Condition.**  |

---

On January 21, 2026, MKS Inc. (the "Company"), in connection with a meeting between the Company and existing and prospective lenders, expected to be held on January 22, 2026 to discuss potential debt refinancing activity, updated certain of its previously issued financial guidance for the quarter ended December 31, 2025. The Company now expects to report revenue of approximately $1,030 million, plus or minus $5 million, GAAP net income of $106 million, plus or minus $3 million, and Adjusted EBITDA of $248 million, plus or minus $2 million. The Company also expects gross margin, Non-GAAP net earnings, GAAP net income per diluted share and Non-GAAP net earnings per diluted share for the quarter ended December 31, 2025 to exceed the midpoint of the previously issued guidance, while GAAP operating expenses and Non-GAAP operating expenses are expected to be slightly higher than the previously issued guidance range.

The increase of $40 million to the midpoint of the Company's updated revenue guidance for the quarter ended December 31, 2025, compared to the previously issued guidance, is primarily due to increased demand across all markets and divisions. The increases in the Company's GAAP net income and Adjusted EBITDA guidance for the quarter ended December 31, 2025 are primarily due to the increase in net revenues and higher gross margin, partially offset by an increase in operating expenses, mainly from higher variable compensation as well as higher restructuring and other charges.

The information in Item 2.02 of this Current Report on Form 8-K contains financial guidance with respect to the Company's anticipated financial results for the three months ended December 31, 2025. This financial guidance is based on a number of assumptions, and the Company has not yet completed its closing procedures with respect to its quarter and year ended December 31, 2025. The financial guidance should not be viewed as a substitute for full quarterly and year ended financial statements prepared in accordance with GAAP and reviewed or audited by the Company's independent auditors. Actual results remain subject to the completion of the Company's closing procedures with respect to its quarter and year ended December 31, 2025, the Company's management's and audit committee's final review of its actual results, as well as review and audit by the Company's independent auditors. There can be no assurance that the Company's actual financial results for the quarter and year ended December 31, 2025 will not differ from the guidance set forth herein and any variation may be material.

Adjusted EBITDA, Non-GAAP net earnings, Non-GAAP net earnings per diluted share and Non-GAAP operating expenses are financial measures that are not in accordance with U.S. generally accepted accounting principles ("Non-GAAP financial measure"). These Non-GAAP financial measures should be viewed in addition to, and not as a substitute for, the Company's reported results under U.S. generally accepted accounting principles ("GAAP"), and may be different from Non-GAAP financial measures used by other companies. In addition, these Non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles. The Company's management believes the presentation of these Non-GAAP financial measures is useful to investors for comparing prior periods and analyzing ongoing business trends and operating results.

A reconciliation of the midpoint of the Company's updated guidance for GAAP net income, the most comparable GAAP financial measure, to the midpoint of the Company's updated guidance for Adjusted EBITDA, for the quarter ended December 31, 2025 is set forth in the table below.

#### Schedule Reconciling GAAP Net Income to Adjusted EBITDA—Q4'25 Guidance

#### (In millions)

---

| | |
|:---|:---|
|  | Three Months Ended<br>December 31, 2025<br>$ Amount |
|  GAAP net income | $106 |
|  Other expense (income), net | 6 |
|  Interest expense, net | 47 |
|  Depreciation | 24 |
|  Restructuring and other | 11 |
|  Amortization of intangible assets | 62 |
|  Stock-based compensation | 8 |
|  Loss on extinguishment of debt | 2 |
|  Benefit for income taxes | (18) |
|  Adjusted EBITDA | $248 |

---

Adjusted EBITDA adjusts GAAP net income for the following items:

**Restructuring and other** include incremental expenses incurred in connection with restructuring programs and other strategic initiatives, primarily related to changes in business and/or cost structure. Such costs may include third-party services, one-time termination benefits, facility-related costs, contract termination fees and other items that have no direct correlation to our future business operations.

**Amortization of intangible assets** includes non-cash amortization expense associated with intangible assets acquired in acquisitions.

**Loss on extinguishment of debt** includes the non-cash write-off of unamortized debt issuance costs and original issue discount costs incurred from voluntary prepayments and/or repricing of our term loan facility.

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The information in Item 2.02 of this Current Report on Form 8-K shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as expressly set forth by specific reference in such a filing.

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| | |
|:---|:---|
| **Item 7.01** | **Regulation FD Disclosure.**  |

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In connection with a meeting between the Company and existing and prospective lenders, expected to be held on January 22, 2026, the Company will be presenting the slides attached as Exhibit 99.1 to this Form 8-K. The purpose of the meeting is to consider a potential amendment to the Company's existing term loan facility to, among other things, (i) together with the proceeds from contemplated new Euro denominated unsecured indebtedness, which are expected to be up to approximately €1.0 billion (before financing fees and expenses), and cash on hand, refinance the Company's existing $2.2 billion term loan with a new approximately $0.9 billion term loan with a maturity date of 2033 and (ii) refinance the Company's existing €0.6 billion term loan with a new €0.6 billion term loan, with a maturity date of 2033 (collectively, the "Term Loan Refinancing").

In connection with the Term Loan Refinancing, the Company expects to receive commitments to upsize its existing $675 million revolving credit facility by $325 million to $1 billion and to extend the maturity of its existing revolving credit facility to 2031 (the "Revolving Credit Facility Refinancing" and together with the Term Loan Refinancing, collectively, the "Transactions").

The Transactions are expected to be leverage neutral and extend the maturities of, and reduce interest expenses with respect to, the Company's indebtedness based on market opportunities, consistent with the Company's long-term capital allocation priorities.

The slides attached as Exhibit 99.1 are incorporated by reference in this Item 7.01. There can be no assurance that the Company will be able to close the Transactions, which are subject to market and other conditions.

The information contained in Exhibit 99.1 is intended to be considered in the context of the Company's filings with the Securities and Exchange Commission and other public announcements that the Company may make, by press release or otherwise, from time to time. The Company disclaims any intention or obligation to update or revise any such information as a result of developments occurring after the date of this Current Report on Form 8-K, except as required by law. The information contained in this Current Report on Form 8-K, including the information contained in Exhibit 99.1, does not constitute an offer to sell, or the solicitation of an offer to buy, any securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.

The information contained in Exhibit 99.1 includes Non-GAAP financial measures. These Non-GAAP financial measures should be viewed in addition to, and not as a substitute for, the Company's reported results under GAAP, and may be different from Non-GAAP financial measures used by other companies. In addition, these Non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles. The Company's management believes the presentation of these Non-GAAP financial measures is useful to investors for comparing prior periods and analyzing ongoing business trends and operating results. For further information regarding these Non-GAAP financial measures, please refer to the tables presenting reconciliations of the Company's Non-GAAP results to its GAAP results and the "GAAP to Non-GAAP Reconciliations" at the end of Exhibit 99.1.

The information in Item 7.01 of this Current Report on Form 8-K and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such a filing.

#### Safe Harbor for Forward-Looking Statements
This Current Report on Form 8-K contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including regarding the Transactions, the Company's potential to receive proceeds from new unsecured indebtedness and the future financial performance, business prospects and growth of the Company. These statements are only predictions based on current assumptions and expectations. Any statements that are not statements of historical fact (including statements containing the words "will," "projects," "intends," "believes," "plans," "anticipates," "expects," "estimates," "forecasts," "continues" and similar expressions) should be considered to be forward-looking statements. Actual events or results may differ materially from

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those in the forward-looking statements set forth herein. Among the important factors that could cause actual events to differ materially from those in the forward-looking statements that the Company makes are the potential timing, terms and completion of the Transactions and any new unsecured indebtedness, all of which are subject to market risks and uncertainties and may not be completed on the contemplated timing and terms or in the contemplated amounts or at all; the level and terms of the Company's substantial indebtedness and its ability to service such debt; the Company's entry into the chemicals technology business through its acquisition of Atotech Limited ("Atotech") in August 2022 (the "Atotech Acquisition"), which has exposed the Company to significant additional liabilities; the risk that the Company is unable to realize the anticipated benefits of the Atotech Acquisition; risks related to cybersecurity, data privacy and intellectual property; competition from larger, more advanced or more established companies in the Company's markets; the ability to successfully grow the Company's business, including through growth of the Atotech business, and financial risks associated with that acquisition and potential future acquisitions, including goodwill and intangible asset impairments; manufacturing and sourcing risks, including those associated with limited and sole source suppliers and the impact and duration of supply chain disruptions, component shortages, and price increases; changes in global demand; risks associated with doing business internationally, including geopolitical conflicts, such as the conflict in the Middle East, trade compliance, trade protection measures, such as import tariffs by the United States or retaliatory actions taken by other countries, regulatory restrictions on the Company's products, components or markets, particularly the semiconductor market, and unfavorable currency exchange and tax rate fluctuations, which risks become more significant as the Company grows its business internationally and in China specifically; conditions affecting the markets in which the Company operates, including fluctuations in capital spending in the semiconductor, electronics manufacturing and automotive industries, and fluctuations in sales to the Company's major customers; disruptions or delays from third-party service providers upon which the Company's operations may rely; the ability to anticipate and meet customer demand; the challenges, risks and costs involved with integrating or transitioning global operations of the companies the Company has acquired; risks associated with the attraction and retention of key personnel; potential fluctuations in quarterly results; dependence on new product development; rapid technological and market change; acquisition strategy; volatility of stock price; risks associated with chemical manufacturing and environmental regulation compliance; risks related to defective products; financial and legal risk management; and the other important factors described under the heading "Risk Factors" in Part I, Item 1A of the Company's Annual Report on Form 10-K for the year ended December 31, 2024 and any subsequent Quarterly Reports on Form 10-Q, each as filed with the U.S. Securities and Exchange Commission. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter these forward-looking statements, whether as a result of new information, future events or otherwise, even if subsequent events cause the Company's views to change, after the date of this Current Report on Form 8-K.

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| | |
|:---|:---|
| **Item 9.01** | **Financial Statements and Exhibits.**  |

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(d) Exhibits

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| | |
|:---|:---|
| 99.1 | [Presentation Slides for January 22, 2026 meeting](d61981dex991.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

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#### SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
|  |  | MKS INC. |
| Date: January 21, 2026 | By: | /s/ Kathleen F. Burke |
|  | Name: | Kathleen F. Burke |
|  | Title: | Executive Vice President, General Counsel and Secretary |

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## Exhibit 99.1

![](g61981ex99_1p1g1.jpg)

Exhibit 99.1 MKS Inc. TLB Lender Presentation January 2026 MKS Confidential

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![](g61981ex99_1p2g1.jpg)

Safe Harbor for Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including regarding the transaction, our potential to receive proceeds from new unsecured indebtedness and the future financial performance, business prospects and growth of MKS Inc. ("MKS", the "Company", "our", or "we"). These statements are only predictions based on current assumptions and expectations. Any statements that are not statements of historical fact (including statements containing the words "will," "projects," "intends," "believes," "plans," "anticipates," "expects," "estimates," "forecasts," "continues" and similar expressions) should be considered forward-looking statements. Actual events or results may differ materially from those in the forward-looking statements set forth herein. Among the important factors that could cause actual events to differ materially from those in the forward-looking statements that we make are the potential timing, terms and completion of the transaction and any new unsecured indebtedness, all of which are subject to market risks and uncertainties and may not be completed on the contemplated timing and terms or in the contemplated amounts or at all; the level and terms of our substantial indebtedness and our ability to service such debt; our entry into the chemicals technology business through our acquisition of Atotech Limited ("Atotech") in August 2022 (the "Atotech Acquisition") which has exposed us to significant additional liabilities; the risk that we are unable to realize the anticipated benefits of the Atotech Acquisition; risks related to cybersecurity, data privacy and intellectual property; competition from larger, more advanced or more established companies in our markets; the ability to successfully grow our business, including through growth of the Atotech business and financial risks associated with that acquisition and potential future acquisitions, including goodwill and intangible asset impairments; manufacturing and sourcing risks, including those associated with limited and sole source suppliers and the impact and duration of supply chain disruptions, component shortages, and price increases; changes in global demand; risks associated with doing business internationally, including geopolitical conflicts, such as the conflict in the Middle East, trade compliance, trade protection measures, such as import tariffs by the United States or retaliatory actions taken by other countries, regulatory restrictions on our products, components or markets, particularly the semiconductor market, and unfavorable currency exchange and tax rate fluctuations, which risks become more significant as we grow our business internationally and in China specifically; conditions affecting the markets in which we operate, including fluctuations in capital spending in the semiconductor, electronics manufacturing and automotive industries, and fluctuations in sales to our major customers; disruptions or delays from third-party service providers upon which our operations may rely; the ability to anticipate and meet customer demand; the challenges, risks and costs involved with integrating or transitioning global operations of the companies we have acquired; risks associated with the attraction and retention of key personnel; potential fluctuations in quarterly results; dependence on new product development; rapid technological and market change; acquisition strategy; volatility of stock price; risks associated with chemical manufacturing and environmental regulation compliance; risks related to defective products; financial and legal risk management; and the other important factors described under the heading "Risk Factors" in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024 filed with the U.S. Securities and Exchange Commission on February 25, 2025 ("Annual Report"), Part II, Item 1A of our Quarterly Report on Form 10-Q for the three months ended March 31, 2025 and any subsequent Quarterly Reports on Form 10-Q. We are under no obligation to, and expressly disclaim any obligation to, update or alter these forward- looking statements, whether as a result of new information, future events or otherwise, even if subsequent events cause our views to change. MKS Confidential 2

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![](g61981ex99_1p3g1.jpg)

Notes on Presentation Use of Non-GAAP Financial Measures This presentation includes financial measures that are not in accordance with U.S. generally accepted accounting principles ("Non-GAAP financial measures"), including adjusted EBITDA, credit agreement adjusted EBITDA, Non- GAAP earnings per diluted share, Non-GAAP net earnings, Non-GAAP gross profit, Non-GAAP gross margin, Non-GAAP operating margin, and free cash flow. These Non-GAAP financial measures should be viewed in addition to, and not as a substitute for, MKS' reported results under U.S. generally accepted accounting principles ("GAAP"), and may be different from Non-GAAP financial measures used by other companies. In addition, these Non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles. MKS management believes the presentation of these Non-GAAP financial measures is useful to investors for comparing prior periods and analyzing ongoing business trends and operating results. MKS is not providing a quantitative reconciliation of forward-looking incremental Non-GAAP gross margin or incremental Non-GAAP operating margin to their most directly comparable GAAP financial measures because it is unable to estimate with reasonable certainty the ultimate timing or amount of certain significant items without unreasonable efforts. These items include, but are not limited to, inventory related cost of revenues from business acquisitions, divestitures or discontinuance, acquisition and integration costs, amortization of intangible assets, restructuring costs, goodwill and intangible asset impairments, amortization of debt issuance costs, debt refinancing fees, loss on extinguishment of debt, and the income tax effect of these items. Presentation of such measures, which may include adjustments to exclude unusual or non-recurring items, should not be construed as an inference that MKS' future results will be unaffected by other unusual or non-recurring items. A reconciliation is provided in the appendix at the end of this presentation for each Non-GAAP financial measure to the most directly comparable financial measure stated in accordance with GAAP. For further information regarding Non-GAAP financial measures, please refer to the appendix at the end of this presentation. Other Financial Information LTM Q3 2025 amounts have been derived by adding MKS' consolidated financial and operating data for the year ended December 31, 2024 to MKS' consolidated unaudited financial and operating data for the nine months ended September 30, 2025 and subtracting MKS' consolidated unaudited financial and operating data for the nine months ended September 30, 2024. LTM Q3 2024 amounts have been derived by adding MKS' consolidated financial and operating data for the year ended December 31, 2024 to MKS' consolidated unaudited financial and operating data for the nine months ended September 30, 2024 and subtracting MKS' consolidated unaudited financial and operating data for the nine months ended September 30, 2023. Totals presented may not sum due to rounding. Financial Guidance This presentation contains financial guidance with respect to MKS' anticipated financial results for the three months ended December 31, 2025. This financial guidance is based on a number of assumptions, and MKS has not yet completed its closing procedures with respect to its quarter and year ended December 31, 2025. The financial guidance should not be viewed as a substitute for full quarterly and year ended financial statements prepared in accordance with GAAP and reviewed or audited by MKS' independent auditors. Actual results remain subject to the completion of MKS' closing procedures with respect to its quarter and year ended December 31, 2025, MKS' management's and audit committee's final review of its actual results, as well as review and audit by MKS' independent auditors. There can be no assurance that MKS' actual financial results for the quarter and year ended December 31, 2025 will not differ from the guidance set forth herein and any variation may be material. Industry and Market Data In this presentation, MKS relies on and refers to certain information and statistics obtained from third-party sources which it believes to be reliable. MKS has not independently verified the accuracy or completeness of any such third-party information. Trademarks and Intellectual Property This presentation may contain trademarks, service marks, trade names and copyrights of other companies, which are the property of their respective owners and does not imply an affiliation with, or endorsement by, the owners of©© these trademarks, service marks, trade names and copyrights. Solely for convenience, some of the trademarks, service marks, trade names and copyrights referred to in this presentation may be listed without the TM, SM or symbols, but MKS will assert, to the fullest extent under applicable law, the rights of the applicable owners, if any, to these trademarks, service marks, trade names and copyrights. MKS Confidential 3

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![](g61981ex99_1p4g1.jpg)

Transaction Summary

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![](g61981ex99_1p5g1.jpg)

Transaction Overview • MKS delivers foundational technology solutions to leading edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications • $3,832M LTM Q3 2025 Revenue 1 • $1,016M LTM Q3 2025 Credit Agreement Adjusted EBITDA 2 2 • MKS is seeking to Amend & Extend the existing €587M Term Loan B due 2029 and $914M Term Loan B due 2029 (reflects voluntary paydown made in conjunction with this transaction from the New EUR Other Unsecured Debt issuance and $100M from cash on balance sheet) • In conjunction with this transaction, MKS will also seek to: • Refinance the existing $675M Revolving Credit Facility due 2027 into a new 5-year $1,000M Revolving Credit Facility 2 • Issue New €1,000M Other Unsecured Debt to pay down a portion of its existing $2,188M USD Term Loan B Due 2029 3 • As adjusted for the above-described transactions, secured gross and secured net leverage will decrease from 2.8x and 2.3x to 1.6x and 1.1x, respectively, and total gross and total net leverage will be 4.1x and 3.6x, respectively, based on LTM Q3 2025 Credit Agreement Adjusted 1 EBITDA of $1,016M • The above-described transactions improve MKS' credit profile by enhancing liquidity and extending maturity profile 1 2 See Slide 3 for additional information regarding Non-GAAP financial measures. Reflects reported amounts as of September 30, 2025 as adjusted to reflect (i) a $100 million voluntary debt prepayment made in October 2025, and (ii) 3 the December 2025 amortization payments of $10.2 million on the USD Term Loan B and €2.1 million on the EUR Term Loan B. Reflects reported amounts as of September 30, 2025 as adjusted to reflect voluntary debt prepayments and amortization payments described above. Amounts with respect to the EUR Term Loan B have been translated into U.S. dollars using the exchange rate of €1.00 to $1.1735, as of December 31, 2025 MKS Confidential 5 1 Note: Sources and Uses excludes financing fees and expenses. Reflects reported amounts as of September 30, 2025 as adjusted to reflect (i) a $100 million voluntary debt prepayment made in October 2025, and (ii) the December 2 2025 amortization payments of $10.2 million on the USD Term Loan B and €2.1 million on the EUR Term Loan B. Amounts with respect to the EUR Term Loan B have been translated into U.S. dollars using the exchange rate of 3 €1.00 to $1.1735, as of December 31, 2025. See Slide 3 for additional information regarding Non-GAAP financial measures.

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![](g61981ex99_1p6g1.jpg)

Sources & Uses and As Adjusted Capitalization Sources ($M) Uses ($M) New Amend & Extend Term Loan B (USD) $914 Paydown existing Term Loan B (USD) $1,274 New Amend & Extend Term Loan B (EUR) 689 Amend & Extend existing Term Loan B (USD) 914 New EUR Other Unsecured Debt 1,174 Amend & Extend existing Term Loan B (EUR) 689 New $1,000M Revolving Credit Facility - Refinance existing $675M Revolving Credit Facility - Cash from Balance Sheet 100 Total Sources $2,877 Total Uses $2,877 As of 09/30/25 As Further Adjusted As of 09/30/25 As Adjusted for $100M USD TLB for New EUR Other Unsecured Debt, Refinancing 1 1 Paydown and Q4-25 Amortization Payments and $1,274M USD TLB Paydown xAdjusted xCredit Agreement xAdjusted xCredit Agreement 3 3 3 3 ($M) Coupon Maturity Amount EBITDA Adjusted EBITDA Amount EBITDA Adjusted EBITDA Cash and cash equivalents $584 $484 $675M Revolving Credit Facility S+CSA+250 - Aug-27 - New $1,000M Revolving Credit Facility 5yrs - Term Loan B (USD) S+200 2,188 Aug-29 - New Amend & Extend Term Loan B (USD) 7yrs 914 2 Term Loan B (EUR) E+250 Aug-29 689 - 2 New Amend & Extend Term Loan B (EUR) 7yrs 689 Total Secured Debt $2,877 3.0x 2.8x $1,603 1.7x 1.6x Total Secured Net Debt $2,293 2.4x 2.3x $1,119 1.2x 1.1x 2 New EUR Other Unsecured Debt 1,174 Convertible Notes 1.25% Jun-30 1,400 1,400 Total Debt $4,277 4.5x 4.2x $4,177 4.4x 4.1x Total Net Debt $3,693 3.9x 3.6x $3,693 3.9x 3.6x Fully Diluted Market Cap (as of 12/30/25) 12,532 12,532 Enterprise Value $16,224 17.0x 16.0x $16,224 17.0x 16.0x 3 LTM Q3-25 Adjusted EBITDA $953 $953 3 LTM Q3-25 Credit Agreement Adjusted EBITDA $1,016 $1,016 1 Note: Sources and Uses excludes financing fees and expenses. Reflects reported amounts as of September 30, 2025 as adjusted to reflect (i) a $100 million voluntary debt prepayment made in October 2025, and (ii) the December 2 2025 amortization payments of $10.2 million on the USD Term Loan B and €2.1 million on the EUR Term Loan B. Amounts with respect to the EUR Term Loan B and the New EUR Other Unsecured Debt have been translated into 3 U.S. dollars using the exchange rate of €1.00 to $1.1735, as of December 31, 2025. See Slide 3 for additional information regarding Non-GAAP financial measures. MKS Confidential 6

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![](g61981ex99_1p7g1.jpg)

Summary of Proposed Terms Borrower MKS Inc. Borrower's direct and indirect domestic material subsidiaries, subject to exceptions usual and customary for transactions of this type Guarantors (same as existing) ⚫ Perfected first lien priority security interest on substantially all assets of the Borrower and Guarantors (same as existing) Security 65% of the voting capital stock, and 100% of the non-voting capital stock, of any first-tier foreign subsidiary (same as existing) ⚫ USD Term Loan B EUR Term Loan B Facility $914M €587M Amount Maturity / Tenor 7 years from closing 7 years from closing Call Protection Refresh 101 soft call for 6 months Substantially similar to existing Mandatory Prepayments TLB: None (same as existing) Financial Covenants Negative Covenants Substantially similar to existing MKS Confidential 7

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![](g61981ex99_1p8g1.jpg)

Management Presentation

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![](g61981ex99_1p9g1.jpg)

Today's Presenters John T. C. Lee Ram Mayampurath President & Executive Vice President & Chief Executive Officer Chief Financial Officer MKS Confidential 9

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![](g61981ex99_1p10g1.jpg)

1 MKS Overview

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![](g61981ex99_1p11g1.jpg)

Guiding Principles WIN OWN It! as a Team GROW Enabling Sustainable & Profitable Growth INNOVATION is a Core Capability MKS Confidential 11

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MKS is a Technology-Driven Secular Growth Company Foundational Leveraging powerful Attractive growth technology leader secular trends profile Specializing in precision Miniaturization, Positioned for strong cash solutions for diverse complexity and chemistry generation, with track end markets drive many of the innovations record of execution that power our world MKS Confidential 12

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Our Foundational Technology Leadership $3.8B $287M $953M ~1,900 LTM Q3'25 LTM Q3'25 LTM Q3'25 ENGINEERS & 1 2 REVENUE R&D INVESTMENT ADJUSTED EBITDA SCIENTISTS 19 >85% ~70% ~3,200 OF WAFER FABRICATION OF CRITICAL STEPS TO LEADING POSITIONS IN PATENTS EQUIPMENT APPLICATIONS MANUFACTURE PACKAGE 3 2 PRODUCT CATEGORIES WORLDWIDE 4 SERVED SUBSTRATES AND PCBs 1 2 3 See Slide 3 for additional information regarding Non-GAAP financial measures. Number of engineers & scientists and number of worldwide patents as of December 31, 2024. Product categories where MKS is #1 or #2 in segment share 4 according to TechInsights and internal Company estimates. Internal Company estimate. MKS Confidential 13

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2025 YoY Growth in Key Financial Metrics 1 1 Revenue Non-GAAP Earnings per Diluted Share Free Cash Flow 3,900 8.00 550 35% 23% 3,800 8% 7.00 500 3,700 6.00 450 3,600 5.00 400 3,500 4.00 350 3,400 3,300 3.00 300 Twelve Months Twelve Months Twelve Months Twelve Months Twelve Months Twelve Months Ended Sep 30, 2024 Ended Sep 30, 2025 Ended Sep 30, 2024 Ended Sep 30, 2025 Ended Sep 30, 2024 Ended Sep 30, 2025 Note: Revenue and Free Cash Flow in $ millions, Non-GAAP Earnings per Diluted Share in $. 1 See Slide 3 for additional information regarding Non-GAAP financial measures MKS Confidential 14

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MKS is Foundational to Our Connected World Data Center Smartphones Smart Industrial Wearables IoT Medical Artificial Auto / AV / EV Intelligence AR / VR Renewable Energy Worldwide Electronics Revenues are Expected to Grow at a CAGR 1 of 6% from 2025 to 2030, Exceeding $3.5T by 2030 1 TechInsights Worldwide OEM Electronics Production (September 2025). MKS Confidential 15

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2 Our Markets & Opportunity

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![](g61981ex99_1p17g1.jpg)

Advanced Electronics Is Driving Significant Secular Semi Demand And Wafer Fab Equipment (WFE) 2 $1.2 Trillion Revenue projected by 2030 to support EV, AR/VR, IoT, 5-Year Moving Average of WFE cloud computing $1,200 1 Annual WFE Spending Vertical Scaling $1,000 — EUV — $800 Atomic Layer Processing $600 $172B in WFE spend 300 mm needed to support $400 Conversion $1.2 Trillion in semiconductor sales by 2030, assuming average capital $200 intensity of past five 2 years $0 1 2 Historical data provided by TechInsights Projections for 2025 – 2030 provided by TechInsights MKS Confidential 17 1,2 Global Semiconductor Sales ($ Billion) 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2030 1,2 WFE ($ Billion)

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Lines Are Blurring as Complexity Increases MKS is Positioned to Help Enable the Future of Next-Generation Devices Advanced PCBs Advanced Packaging Package Wafer-Level Substrates Packaging Semiconductors (Chips) COMPLEXITY MKS Confidential 18 Smaller Larger FEATURE SIZE 10 to 100 microns Low single-digit nanometers

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s r o t c u d % n 1 o 5 c i m e S E l e P c a t c 2 r k 0 o a n g % i i c n s g & Significant Serviceable Addressable Market (SAM) Expansion 1 1 SAM in 2015 SAM in 2024 $25B ~$6B Non- Semiconductors 25% Semiconductors 75% 1 Internal Company estimates MKS Confidential 19 l a i r t s u d n % I 9 y 2 t l a i c e p S

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Levered to Attractive End Markets 1 Technology Leadership and Differentiation Position MKS for Strong Performance in $25B SAM Semiconductor Electronics & Packaging Specialty Industrial (42% of FY2024 Revenue) (32% of FY2024 Revenue) (26% of FY2024 Revenue) Critical solutions provider for Foundational enabler of next- Extending MKS expertise across semiconductor manufacturing generation electronic devices broad end markets • Increasing demand and • Well-positioned with chemistry • Leadership positions manufacturing complexity drive and photonics expertise • Differentiated technology strong customer investment • Long-term, deep customer • Exposure across diverse set • Long-term, deep relationships relationships of applications with consolidated customer base • Early innings of market penetration Market Market Market 1 1 1 SAM $8B SAM $13B SAM $5B 1 Internal Company estimates of 2024 SAM. Market SAM does not sum to total SAM due to rounding. MKS Confidential 20

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Semiconductor: MKS is a Market Leader Across a Broad Array of Semiconductor Manufacturing Applications Key Attributes Long design cycles, significant follow-on revenue, strong/deep customer relationships 1 Critical Applications Leadership Position Deposition & Etch Pressure Sensing & Control Tool, Safety Chamber, Network Vacuum solutions, power delivery, and reactive gas generation for advanced Microwave Power Ozone #1 deposition & etch Remote Plasma Sources Optical Fiber Thermometry Lithography, Metrology & Inspection • Optical subsystems for DUV, EUV & High-NA EUV • Precision motion solutions for wafer positioning Vacuum Valves Wet Processing #2 IR Gas Analysis Dissolved gases for wet clean applications Category Early Visibility into Em bedded with Customers Scale to Support Multi-Year Leadership Major Inflections Early in Design Cycles R&D Investment Cycles 1 Product categories where MKS is #1 or #2 in segment share according to TechInsights and internal Company estimates. MKS Confidential 21

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![](g61981ex99_1p22g1.jpg)

Electronics and Packaging: Enabling Next Generation Devices Key Attributes Long design cycles, increased precision, tighter integration between chemistry solutions and laser processing 1 Critical Applications Leadership Position Electronics Chemistries & Plating UV Nanosecond Pulsed Lasers Horizontal PCB Plating • Electroless plating • Surface treatment Equipment Flex PCB Via Drilling Systems • Electrolytic plating • Surface finishing #1 Electronics Plating Chemistries Laser Drilling Laser via drilling for Flexible and HDI PCBs, as well as package substrates Emerging Growth Opportunities Integrated Solutions for Next-Gen Package Substrates, Other HDI & Flex PCBs • Laser and vacuum technology for display solutions Ultrafast UV Lasers (Picosecond and Femtosecond) Only Integrated Supplier: Integration Offers Higher Global Footprint with Deep Photonics Laser Systems, Chemistry and Performance and Faster Time Unparalleled Level of Support Subsystem Expertise Plating Equipment to Production Fosters Intimacy 1 Product categories where MKS is #1 in segment share according to internal Company estimates. MKS Confidential 22

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Specialty Industrial: Harnessing Core Expertise Across Markets Key Attributes Differentiated technologies that solve specific needs for customers across broad end markets 1 Critical Applications Leadership Position Industrial• Functional coatings for corrosion and Laser Measurement Instruments • Vacuum solutions for synthetic wear resistance diamond and solar manufacturing • Decorative surface finishing #1 Vibration Control Life & Health Sciences • Optics and photonics for analytical • Vacuum solutions for medical instrumentation equipment sterilization • Lasers for ophthalmic surgery Functional Coatings for Opto-Mechanics Research & Defense Corrosion and Wear Resistance • Vacuum and photonics solutions for advanced research and quantum #2 IR Optics Decorative Surface Finishing computing High Performance Gratings • Lasers and photonics for remote sensing Leveraging Innovation from Targeted Innovation S ig nificant Cost Benefits from Semiconductor and E&P R&D for Niche Applications Economies of Scale 1 Product categories where MKS is #1 or #2 in segment share according to internal Company estimates MKS Confidential 23

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Built to Capitalize on Secular Trends Electronics & Packaging Semiconductor Deposition, Etch, Laser-Based Lithography, Manufacturing; Inspection / Metrology, Next-Gen Interconnect Wet Processing Smaller Geometries (nm) Finer Features (µm) MINIATURIZATION Vertical Scaling COMPLEXITY More Layers Novel Materials CHEMISTRY Novel Materials MKS Confidential 24

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Enabling the Core Building Blocks of Advanced Electronic Devices High Performance Semiconductor Electronics & Packaging Compute Architecture SEMICONDUCTOR Critical subsystems for Subsystems, equipment & materials semiconductor manufacturing for electronics & packaging INTERPOSER PACKAGE SUBSTRATE Leader in critical vacuum subsystems Differentiated combination of for deposition and etch, and electronics chemistry and laser emerging provider of photonics for drilling solutions to accelerate PRINTED CIRCUIT BOARD (PCB) lithography, metrology and customer roadmaps in advanced inspection PCB design and manufacturing MKS Confidential 25

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Positioned to Address Major Process Inflections in the AI Era Applying Broad Expertise to Enable Faster Processing Speeds Vertical Scaling Horizontal Shrink Advanced Packaging INFLECTION MKS Photonics solutions (Optics, MKS RF Power, Vacuum and Optical MKS Vacuum, Photonics and Motion) and broad Vacuum portfolio solutions for advanced etch and Materials solutions address a wide MKS are critical for advanced Logic and deposition array of packaging applications SOLUTIONS Foundry applications 3D NAND, Logic 3nm/2nm, 1a DRAM Through Silicon Via (TSV) Gate All-Around (GAA) APPLICATIONS EUV and High-NA EUV 2.5D and 3D chip packaging Atomic Layer Deposition and Etching (ALD and ALE) 1 2 3 Worldwide Capital Spend on Memory Worldwide EUV Scanners Market Size Worldwide Advanced Packaging Market Size 17% 8% $27.2B CAGR $58.9B STRONG SECULAR CAGR 10% CAGR TAILWINDS $80.6B $40.8B $55.6B $12.3B CY25E CY30E CY25E CY30E CY25E CY29E 1 2 TechInsights, Wafer Fab Equipment Sales by Application TechInsights Wafer Fab Equipment (WFE) Market History And Forecast 3 (December 2025) (December 2025) Prismark Semiconductor and Packaging Report (December 2025) MKS Confidential 26

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3 Strategy & Business Drivers

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Our Unique DNA is What Makes MKS Successful Broad Domain & Vacuum Photonics Materials Process Expertise Deep & Collaborative Develop Solve Identify Integrated Complex Customer & Ecosystem Inflection Points Design Cycles Problems Relationships Cross-selling to Accelerating Time Innovating New New & Existing Innovation Multiplier to Market Processes Customers MKS Confidential 28

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g n i s s e c o r P y t y r e S r t t u s B W s i r e i f m a a m e c m e h e h C S & C C t M l I g e n e e g h e s t n a r c n p r i o t e i t i n l S S c t E n a i S o t a i l n g g E E o l E P g y n P S S S S S S T S S T T C S C C U E E U U E D Our "Surround" Strategy is How We Execute SEMICONDUCTOR ELECTRONICS & PACKAGING Surround the Wafer® Surround the Workpiece® Process Pressure & Flow Laser Systems Lasers RF Power Chemistries Measurement & Control Optical Gas Solutions Plasma & Analysis Reactive Plating Gas Equipment Optimize the Workpiece Wafer Interconnect® Optics & Optical Photonics Subsystems Laser Motion Systems Process Plating Chemistries Equipment Motion Lasers Other Photonics MKS Today: Foundational Solutions for Advanced Electronics MKS Confidential 29 D D O C C C O O R g R R P O O n O P P n S i L s R R i o u R s t i r P P e t h f M P i c g a o s o o c n o g t r i e r i p l P o a l e T i n p r d r D h e D e C s y a o r t a e n b m s t - r a e r o L n e l g t s a n i L g a k c a P

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MKS is a Key Enabler for the Majority of Semiconductor Process Steps DEPOSITION ETCH WET PROCESSING Pressure & Vacuum Measurement Pressure & Vacuum Measurement Reactive Gases Gas Delivery & Pressure Control Gas Delivery & Pressure Control Plasma & Reactive Gas Plasma & Reactive Gas RF Power RF Power Temperature Sensing Temperature Sensing METROLOGY & INSPECTION LITHOGRAPHY Optics & Optical Subsystems Optics & Optical Subsystems Lasers Precision Motion Precision Motion Vibration Control High Performance Light Source Assemblies DUV Thin Film Coating MKS' technology leadership across critical fabrication steps >70% of the critical steps to manufacture Package Substrates addresses >85% of wafer fabrication applications to enable higher yields and throughput MKS Confidential 30

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Package Substrate: Key Building Block of Advanced Packaging Embedded Multi-Die Chip-on-Wafer-on-Substrate Elevated Fanout Bridge Interconnect Bridge 1 (CoWoS®) (EFB) 2 (EMIB) CHIP CHIP "C" CHIP CHIP SILICON INTERPOSER "W" CHIP CHIP SILICON BRIDGE MOLDING & RDL SILICON BRIDGE PACKAGE SUBSTRATE "S" PACKAGE SUBSTRATE PACKAGE SUBSTRATE PCB PCB PCB Lines/spaces and interconnecting vias are getting smaller Greater complexity to deliver higher performance Size of substrate is getting larger substrates at optimal yields: Layer count is growing MKS' unique combination of laser drilling, chemistry & plating equipment 3 >70% of the critical steps to manufacture Package Substrates addresses ~70% of the critical steps to manufacture Package Substrates and PCBs 1 2 3 CoWoS is a registered trademark of Taiwan Semiconductor Manufacturing Company Limited EMIB is an Intel Corporation packaging technology Internal Company estimate MKS Confidential 31

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Mission Critical Supplier Across the Entire Advanced Electronics Supply Chain Semiconductor Electronics & Packaging Critical Subsystems Critical Subsystems MKS VACUUM & PHOTONICS MKS PHOTONICS SOLUTIONS SOLUTIONS Capital Equipment Chemistry MKS LASER DRILLING & MKS PROPRIETARY CHEMISTRY PLATING EQUIPMENT CAPITAL EQUIPMENT OEMs PCB MANUFACTURERS PACKAGE SUBSTRATE MANUFACTURERS SEMICONDUCTOR MANUFACTURERS OUTSOURCED SEMI ASSY & TEST (OSATs) END DEVICE OEMs This graphic presents a representative sample of top companies in each segment. Companies are not necessarily customers and/or end-customers of MKS. MKS Confidential 32

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4 Financial Profile

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Evolution into a Broad Foundational Technology Provider Significantly Expanded Financial and Operational Scale to Drive Growth Across a Broader Array of End Markets 2015 LTM Q3'2025 REVENUE MIX REVENUE STREAM REVENUE STREAM REVENUE MIX Services Services Electronics 13% 14% & Packaging Non-Semi 28% 31% Semi 43% Consumables Equipment 59% Semi 28% Equipment Specialty 69% Specialty 86% Industrial Industrial 29% $0.8B $192M 49% 14% $3.8B $953M 35% 41% Adjusted Top 10 Customer Adjusted Top 10 Customer Consumables Revenue Services Revenue 1 1 EBITDA Concentration EBITDA Concentration + Services 1 See Slide 3 for additional information regarding Non-GAAP financial measures MKS Confidential 34

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Capital Deployment Focused on Long-Term Value Creation Primary Use of Near-term Free Cash Flow is for De-levering 1 2 3 GROWTH ORGANIC DEBT RETURNING CASH TO & INORGANIC MANAGEMENT SHAREHOLDERS Strong organic investments Maximize long-term Accelerated debt paydown P&L and Capex shareholder value Expected long-term capex Opportunistic re-pricings Dividends 2% - 4% of revenue High Quality M&A Maintain strong liquidity Opportunistic share buybacks MKS Confidential 35

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MKS Financial Policy PRINCIPLES GOALS ¡ ¡ Optimize access to capital markets Take actions to match credit market expectations • Maintain a strong BB credit profile • Deleverage balance sheet • Flexibility to access capital markets • Target net leverage at 2.0x ¡ Provide continued financial flexibility ¡ Take steps to achieve Investment Grade rating profile • Enable investments for innovation & growth ¡ Maintain liquidity through business cycles • Preserve liquidity to manage through business cycles • Target at least $1.3B in cash and revolver capacity ¡ Capital allocation strategy • Capital investments needed to support business growth and productivity • Dividend payments • Debt paydown facilitates access to capital markets • Opportunistic share repurchases subject to leverage targets • Execution on strategic mergers and acquisitions to drive long term shareholder value MKS Confidential 36

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Key Financial Profile 1 2023 2024 LTM Q3'24 LTM Q3'25 $ in millions Revenue $3,622 $3,586 $3,544 $3,832 % growth - (1%) - 8% 2 Gross Profit $1,655 $1,708 $1,677 $1,799 % margin 45.7% 47.6% 47.3% 46.9% 2 Adj. EBITDA $863 $914 $895 $953 % margin 24% 25% 25% 25% 2 Free cash flow $232 $410 $432 $531 % revenue 6% 11% 12% 14% (1) Revenue % growth is based on LTM Q3'24. (2) See Slide 3 for additional information regarding Non-GAAP financial measures. MKS Confidential 37

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Strong Margin Profile with Significant Operating Leverage To Drive Outsized Earnings Growth Across Cycles Non-GAAP Gross Margin and Operating Margin Over Time TARGETED INCREMENTAL 1 1 Non-GAAP Gross Margin Non-GAAP Operating Margin REVENUE FALL 2 THROUGH 48% 48% 47% 47% 47% 47% 47% 47% 47% 47% 47% 46% 46% 46% 46% 46% 45% 45% 45% 45% 45% 45% 44% 44% 44% 43% ~50% 42% Incremental Non-GAAP Gross Margin 28% 27% 27% 26% 26% 25% 25% 24% 24% 23% 23% 22% 22% 22% 22% 21% ~40% 21% 21% 21% 20% 20% 20% 19% 18% 18% 18% 12% Incremental Non-GAAP Operating Margin Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2019 2019 2019 2019 2020 2020 2020 2020 2021 2021 2021 2021 2022 2022 2022 2022 2023 2023 2023 2023 2024 2024 2024 2024 2025 2025 2025 ESI Photon Control Atotech Ransomware Acquisition Acquisition Acquisition Incident Closed Closed Closed 1. See Slide 3 for additional information regarding Non-GAAP financial measures. 2. Company estimates of incremental non-GAAP gross margin and incremental non-GAAP operating margin in aggregate for the period 2023 through 2027 assuming a 2022 revenue baseline. MKS Confidential 38

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Key As Adjusted Credit Metrics As of 09/30/25 1 $ in millions As Adjusted Cash & Cash Equivalents $484 Total Debt $4,177 2 LTM Q3'25 Credit Agreement Adj. EBITDA $1,016 2 Total Debt / LTM Q3'25 Credit Agreement Adj. EBITDA 4.1x Net Debt $3,693 2 Net Debt / LTM Q3'25 Credit Agreement Adj. EBITDA 3.6x Note: Total Debt is defined as the expected outstanding balances of USD Term Loan B, EUR Term Loan B, Convertible Debt and New EUR Other Unsecured Debt. 1. Reflects reported amounts as of September 30, 2025 as adjusted to reflect (i) a $100 million voluntary debt prepayment made in October 2025, (ii) the December 2025 amortization payments of $10.2million on the USD Term Loan B and €2.1 million on the EUR Term Loan B, and (iii) in the case of the USD Term Loan B, a voluntary debt prepayment made in conjunction with this transaction from the $1,174 million New EUR Other Unsecured Debt issuance and $100 million from cash on balance sheet. Amounts with respect to the EUR Term Loan B have been translated into U.S. dollars using the exchange rate of €1.00 to $1.1735, as of December 31, 2025. 2. See Slide 3 for additional information regarding Non-GAAP financial measures. MKS Confidential 39

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1 Updated Q4'2025 Guidance Fourth Quarter 2025 Guidance Three Months Ended December 31, 2025 (In millions) Low Midpoint High Revenue $1,025 $1,030 $1,035 $103 $106 $109 GAAP net income $246 $248 $250 Adjusted EBITDA A reconciliation of the midpoint of the Company's updated guidance for GAAP net income, the most comparable GAAP financial measure, to the midpoint of the Company's updated guidance for Adjusted EBITDA, for the quarter ended December 31, 2025 is set forth in the table below. Schedule Reconciling GAAP Net Income to Adjusted EBITDA - Q4'25 Guidance (In millions) Three Months Ended December 31, 2025 $ Amount GAAP net income $106 Other expense (income), net 6 Interest expense, net 47 Depreciation 24 Restructuring and other 11 Amortization of intangible assets 62 Stock-based compensation 8 Loss on extinguishment of debt 2 Benefit for income taxes (18) Adjusted EBITDA $248 1 See Slide 3 for additional information regarding financial guidance and Non-GAAP financial measures. MKS Confidential 40

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Key Credit Highlights 1 1. Highly differentiated and foundational technologies address the demands and complexity of advanced electronics for the AI era ‒ Well positioned to benefit from growing miniaturization and complexity in electronics 2 2. Mission critical and embedded supplier, serving >85% of the overall WFE market and ~70% of 1 the critical steps for Package Substrates and Advanced PCBs ‒ Complementary products to optimize the Interconnect, and accelerate customer roadmaps 3 3. Resilient and well diversified financial profile with strong margins ‒ Lean operating philosophy is embedded across the Company 4 4. Disciplined capital structure strategy focused primarily on near-term de-leveraging and optimizing cost of capital 1. Internal Company estimate. MKS Confidential 41

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Questions

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Appendix

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GAAP to Non- GAAP Reconciliations

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Non-GAAP Reconciliations 1 Non-GAAP Gross Margin and Non-GAAP Operating Margin LTM LTM ($ million, except percentages) Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 FY2023 FY2024 Q3'24 Q3'25 Total net revenues $464 $474 $463 $500 $536 $544 $590 $660 $694 $750 $742 $764 $742 $765 $954 $1,085 $794 $1,003 $932 $893 $868 $887 $896 $935 $936 $973 $988 $3,622 $3,544 $3,586 $3,832 $1,642 $1,677 $1,708 $1,799 Gross profit $198 $211 $205 $216 $240 $246 $262 $302 $322 $355 $348 $355 $334 $338 $390 $485 $335 $470 $426 $411 $415 $419 $432 $441 $444 $453 $461 45.3% 47.3% 47.6% 46.9% Gross margin 42.7% 44.5% 44.3% 43.3% 44.7% 45.3% 44.4% 45.7% 46.4% 47.4% 47.0% 46.4% 45.0% 44.2% 40.8% 44.7% 42.2% 46.9% 45.7% 46.0% 47.8% 47.3% 48.2% 47.2% 47.4% 46.6% 46.6% Excess and obsolete charge from discontinued product line - - - - - - - - - - - - - - - - - - - - - - - - - - 13 - - - 13 Acquisition inventory step-up - - - - - - - - - - - - - - - - - - - - - - - - - - - 5 3 39 13 - - - - Inventory charge related to exit of product groups - - - - - - - - - - - - - - - - - - - - - - - - - - 4 $1,655 $1,677 $1,708 $1,799 Non-GAAP gross profit $203 $214 $205 $216 $240 $247 $266 $302 $322 $355 $348 $355 $334 $338 $429 $498 $335 $470 $439 $411 $415 $419 $432 $441 $444 $453 $461 45.7% 47.3% 47.6% 46.9% Non-GAAP gross margin 43.8% 45.0% 44.3% 43.3% 44.7% 45.3% 45.1% 45.7% 46.4% 47.4% 47.0% 46.4% 45.0% 44.2% 44.9% 45.9% 42.2% 46.9% 47.1% 46.0% 47.8% 47.3% 48.2% 47.2% 47.4% 46.6% 46.6% Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Total net revenues $464 $474 $463 $500 $536 $544 $590 $660 $694 $750 $742 $764 $742 $765 $954 $1,085 $794 $1,003 $932 $893 $868 $887 $896 $935 $936 $973 $988 Income (loss) from operations $23 $64 $67 $66 $90 $101 $116 $147 $156 $186 $175 $182 $172 $164 $118 $163 $1 ($1,696) $118 $24 $106 $127 $128 $135 $111 $135 $138 Operating margin 5.0% 13.5% 14.5% 13.2% 16.8% 18.6% 19.7% 22.3% 22.5% 24.8% 23.6% 23.8% 23.1% 21.5% 12.4% 15.0% 0.1% (169.1%) 12.6% 2.7% 12.2% 14.4% 14.3% 14.5% 11.9% 13.9% 14.0% Excess and obsolete charge from discontinued product line - - - - - - - - - - - - - - - - - - - - - - - - - - 13 Acquisition inventory step-up - - - - - - - - - - - - - - - - - - - - - - - 5 3 39 13 Acquisition and integration costs - 2 3 3 - - - 30 3 2 2 2 1 1 6 6 9 9 8 2 31 11 6 5 3 3 1 Restructuring and other - 2 1 1 16 5 4 2 1 2 2 3 3 3 5 3 2 1 2 3 5 1 1 11 1 7 3 Amortization of intangible assets 61 61 61 60 62 63 16 18 17 17 16 14 13 13 12 13 15 15 15 15 47 69 81 76 68 70 62 Goodwill and intangible asset impairment - - - - - - - - - - - - - - - - - - - - - - 5 1 1 1,827 75 Gain on sale of long-lived assets - - - - - - - - - - - - - - - - - - - - - - - - (7) (7) (2) Fees and expense related to the Term Loan Facility - - - - - - - - - - - - - - - - - - 2 - 2 - - 6 1 2 3 Ransomware incident - - - - - - - - - - - - - - - - - - - - - - - 7 4 2 1 Inventory charge related to exit of product groups - - - - - - - - - - - - - - - - - - - - - - - - - - 4 COVID-19 related net credits - - - - - - - - - - - - - - - - - - - - - - - - - - (1) Environmental costs - - - - - - - - - - - - - - - - - - - - - - - - - - - Non-GAAP income from operations $82 $88 $81 $92 $110 $118 $136 $163 $179 $208 $201 $207 $190 $184 $240 $257 $96 $227 $203 $182 $175 $192 $195 $199 $189 $202 $205 Non-GAAP operating margin 17.7% 18.6% 17.6% 18.4% 20.5% 21.6% 23.1% 24.7% 25.8% 27.7% 27.1% 27.1% 25.6% 24.1% 25.1% 23.6% 12.1% 22.6% 21.8% 20.3% 20.2% 21.7% 21.8% 21.3% 20.2% 20.8% 20.8% 1 For additional information regarding these adjustments, please refer to the corresponding quarterly earnings release available on MKS' investor website at investor.mks.com. MKS Confidential 45

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MKS Free Cash Flow Reconciliation (GAAP to Non-GAAP) (in millions) 2023 2024 LTM Q3'24 LTM Q3'25 Net cash provided by operating activities $319 $528 $532 $679 Less: Purchase of property, plant and 87 118 100 148 equipment Free Cash Flow $232 $410 $432 $531 Note: For additional information regarding these adjustments, please refer to the corresponding annual earnings release available on MKS' investor website at investor.mks.com. MKS Confidential 46

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MKS Adj. EBITDA Reconciliation (GAAP to Non-GAAP) (in millions) 2015 2023 2024 LTM Q3'24 LTM Q3'25 Net income (loss) $122 $(1,841) $190 $32 $278 Other expense, (income), net - 27 (2) 7 14 Interest (income), expense, net (3) 339 263 296 200 Provision (benefit) for income taxes 37 (87) (10) (10) 16 Depreciation and amortization 22 397 348 356 346 Stock-based compensation 13 54 48 48 57 Excess and obsolete charge from discontinued product line - 13 - - - Acquisition and integration costs - 16 9 9 3 Acquisition inventory step-up - - - - - Restructuring and other 2 20 6 13 26 Goodwill and intangible asset impairments - 1,902 - 75 - Sale of previously written down inventory (2) - - - - Gain on sale of long-lived assets - (2) - - - Ransomware incident - 15 - 1 - Fees and expense related to the Term Loan Facility - 2 5 7 2 Loss on debt extinguishment - 8 57 60 11 Adjusted EBITDA $192 $863 $914 $895 $953 Adjusted EBITDA $953 Other credit agreement adjustments 63 Credit agreement adjusted EBITDA $1,016 Note: For additional information regarding these adjustments, please refer to the corresponding annual earnings release available on MKS' investor website at investor.mks.com. MKS Confidential 47

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MKS Earnings per share Reconciliation (GAAP to Non-GAAP) (in millions, except per share data) LTM Q3'24 LTM Q3'25 Net income $32 $278 Acquisition and integration costs 9 3 Restructuring and other 13 26 Amortization of intangible assets 254 246 Goodwill and intangible asset impairments 75 - Loss on debt extinguishment 60 11 Amortization of debt issuance costs 23 20 Fees and expense related to the Term Loan Facility 7 2 Ransomware incident 1 - Tax effect of Non-GAAP adjustments (97) (75) Non-GAAP net earnings $377 $511 Non-GAAP net earnings per diluted share $5.59 $7.56 Weighted average diluted shares outstanding 67.4 67.6 Note: For additional information regarding these adjustments, please refer to the corresponding annual earnings release available on MKS' investor website at investor.mks.com. MKS Confidential 48

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Appendix – GAAP to Non-GAAP Reconciliations Non-GAAP financial measures adjust GAAP financial measures for the items listed below. These Non-GAAP financial measures should be viewed in addition to, and not as a substitute for, MKS' reported GAAP results, and may be different from Non-GAAP financial measures used by other companies. In addition, these Non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles. MKS management believes the presentation of these Non-GAAP financial measures is useful to investors for comparing prior periods and analyzing ongoing business trends and operating results. Totals presented may not sum and percentages may not recalculate using figures presented due to rounding. Excess and obsolete charge from discontinued product line includes inventory charges related to a product line that was discontinued. Acquisition and integration costs include incremental expenses incurred to effect the Atotech Acquisition. Such acquisition costs may include advisory, legal, tax, accounting, valuation, and other professional or consulting fees. Such integration costs may include expenses directly related to integration of business and facility operations, information technology systems and infrastructure and other employee-related costs. Acquisition inventory step-up include cost of revenues amortization from the step-up of inventory to fair value as a result of the Atotech Acquisition. Restructuring and other include incremental expenses incurred in connection with restructuring programs and other strategic initiatives, primarily related to changes in business and/or cost structure. Such costs may include third-party services, one-time termination benefits, facility-related costs, contract termination fees and other items that have no direct correlation to our future business operations. Amortization of intangible assets includes non-cash amortization expense associated with intangible assets acquired in acquisitions. Goodwill and intangible asset impairments In 2023, we noted softer industry demand, particularly in the personal computer and smartphone markets and concluded there was a triggering event at our Materials Solutions Division and Photonics Solutions Division. We performed a quantitative assessment which resulted in an impairment for our Materials Solutions Division and our Photonics Solutions Division. In addition, as part of our annual goodwill and intangible asset impairment analysis, we recorded additional impairment charges for our Materials Solutions Division and our Photonics Solutions Division. Gain on sale of long-lived assets is from the sale of a minority interest investment in a private company. Ransomware incident includes costs, net of recoveries, associated with a ransomware incident in 2023. These costs are primarily comprised of various third-party consulting services, including forensic experts, restoration experts, legal counsel, and other information technology and accounting professional expenses, enhancements to our cybersecurity measures, and costs to restore our systems and access our data. Fees and expenses related to amendments to the Term Loan Facility includes direct third-party costs related to repricings or refinancings of our term loan facility. Amortization of debt issuance costs includes non-cash additional interest expense related to the amortization of debt issuance costs associated with our term loan facility. Loss on extinguishment of debt includes the non-cash write-off of unamortized debt issuance costs and original issue discount costs incurred from voluntary prepayments and/or repricings of our term loan facility. Tax effect of Non-GAAP adjustments are tax effected at applicable statutory rates resulting in a difference between the GAAP and Non-GAAP tax rates. Other credit agreement adjustments include deductions and addback for interest income, excess and obsolete inventory charges, and customer bad debt charges. MKS Confidential 49

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Debt Reconciliations

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Debt Reconciliations Uses of funds ($M) Sources of funds ($M) 1 Cash from Balance Sheet $113 $100M USD TLB Paydown $100 USD Term Loan B Q4-25 Amortization 10 2 EUR Term Loan B Q4-25 Amortization 3 Total Uses $113 Total Sources $113 As of 09/30/25 As of 09/30/25 As Adjusted for $100M USD TLB Paydown and (Actual) Q4-25 Amortization Payments ($ million) Maturity Amount Adjustments Amount Cash and cash equivalents $697 $(113) $584 $675 Revolving Credit Facility Aug-27 - - 3 Term Loan B (USD) Aug-29 $2,298 $(110) $2,188 4 Term Loan B (EUR) Aug-29 $692 $(3) $689 Total Secured Debt $2,990 $2,877 Total Secured Net Debt $2,293 $2,293 Convertible Notes Jun-30 - $1,400 $1,400 Total Debt $4,390 $4,277 Total Net Debt $3,693 $3,693 Note: Totals may not sum due to rounding. 1 On October 29th, the Company made a voluntary debt prepayment for $100 million against its USD Term Loan B. 2 EUR Term Loan B Q4-25 Amortization payment of €2.1 million has been translated into U.S. dollars using the exchange rate of €1.00 to $1.1735, as of December 31, 2025. 3 As adjusted USD Term Loan B reflects the $100 million voluntary debt prepayment made in October 2025 and the December 2025 amortization payment of $10.2 million on the USD Term Loan B. 4 EUR Term Loan B principal balance as of 09/30/25 Actual translates into U.S. dollar using the exchange rate of €1.00 to $1.1734 as of September 30, 2025. As adjusted EUR Term Loan B reflects reported amounts as of September 30, 2025 as adjusted to reflect the €2.1 million amortization payment made in December 2025. As adjusted EUR Term Loan B principal balance of €587 million has been translated into U.S. dollars using the exchange rate €1.00 to $1.1735 as of December 31, 2025. MKS Confidential 51