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Made available a proposed merger agreement that includes all of these commitments that we stand ready to execute immediately. These are not just our words or empty promises. Qualcomm stockholders a daily ticking fee in cash if the deal takes longer than 12 months to close due to unexpected delays in obtaining regulatory approvals. Necessary to obtain regulatory approvals subject to a very high materiality standard pay Qualcomm an $8 billion regulatory termination fee, the largest such fee of all time, in the highly unlikely event the transaction does not close and pay This transaction within approximately 12 months following the signing of a definitive agreement, and have demonstrated our confidence by committing to: divest two businesses in order to speed up the regulatory clearance process take other actions Provide different results? You Now Have an Opportunity to Show Support For BroadcomВ’s Value-Maximizing $82 Per Share Offer Vote Today on the BLUE Proxy Card в€їorВ” All Six Independent, Highly Qualified Broadcom NomineesД«roadcomВ’s Offer Provides Substantial Deal Certainty and a Clear Path to Completion We remain confident in our ability to complete Why should you believe that QualcommВ’s plans will Including failure to $1,000 $1,0641 monetize 4G, and a broken business model that INVESTED TODAY has resulted in customer disputes, regulatory 5 YEARS AGO investigations and significant fines. This discrepancy in value is the result of QualcommВ’s poor execution, $8,2941 The value of your investment in Qualcomm is worth TODAY significantly less than if you had invested in Broadcom for the last five years. Which has embroiled Qualcomm in costly disputes with its largest customers and with regulators around the world, is offering you a risky standalone strategy that rehashes broken promises from 2015 and is based on lofty projections that areДisconnected from reality. The Qualcomm board has no excuses for not transacting with Broadcom to give you the benefits of BroadcomВ’s offer. Our track record of executing large acquisitionsДЄnd providing shareholder value, particularly following acquisitions, speaks for itself.

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В— which consists of $60 in cash and $22 in Broadcom stock В— we are offering a significant cash premium plus the opportunity to participate in the upside potential of the combined company. BroadcomВ’s Compelling Offer Provides Significantly More Value Than Any Other Available Alternative We believe BroadcomВ’s offer is the most attractive, value-enhancing alternative available.

Independent nominees identified on the BLUE proxy card are not elected and the current Qualcomm board has not entered into a merger agreement with Broadcom before the Annual Meeting, Broadcom will withdraw its $82 per share offer and stop its

With QualcommВ’s Annual Meeting of Stockholders fast approaching on MarchВ 6, you can vote the BLUE proxy card for six independent director nominees to show support for BroadcomВ’s value-maximizing $82 per share offer. Under the Securities Exchange Act of 1934ДЇebruaryВ 16, 2018 DEAR QUALCOMM STOCKHOLDER, You face an important decision regarding the future of your investment in Qualcomm.

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