Culture

We Have a Values-Based Culture

At the heart of our success is a values-based culture. First conceived in 1997, our Core Values have become the vital element in our employees’ industry-leading performance and why they truly enjoy what they do and where they work. At Lam Research we believe in, practice, and reward achievement that is based on ownership, accountability, innovation, and continuous improvement. We encourage honesty and integrity, mutual trust and respect, and open communication among employees, between employees and the Company, and between employees and customers. By consistently practicing these values, we’ve become highly successful at addressing the complex needs that characterize our fast-paced industry. More importantly, we’ve become a great place for employees to thrive.

The Core Values that Lam Research encourages and rewards are:

• Achievement
• Ownership and accountability
• Mutual trust and respect
• Honesty and integrity
• Innovation and continuous improvement
• Open communication
• Teamwork
• Think: customer, company, individual

We’re a Culture of Professional Development

Lam Research understands the value of a culture where you can develop personally and professionally. As an employee, you’ll receive continuous training and have numerous opportunities to develop in your career. In addition, you can take advantage of educational reimbursement for approved tuition programs (up to $10,000 each year) to help you with your growth and development.

Some examples of Lam Research being recognized and awarded for its global culture include:

• Training Top 125 Award: An award that distinguishes how
Lam Research has made training a vital aspect of the Company’s success. Lam’s training program was selected and ranked #37 in 2012 and #100 in 2011 against well known companies in the country.

• Aon Hewitt Best Employer in APAC 2011 Award: Lam Research Korea was awarded for being a Top 10 Best Employer in Korea. They were selected out of 60 participating companies and ranked with many prestigious and well known companies in Korea.

Ours is a Culture that Values Community

At Lam Research, we believe that getting involved in, and giving back to, the communities where you live and work is one of our most important roles as a company. This central belief guides our philanthropic efforts to help improve our world.

Our Employee Gift Match program encourages your community involvement and supports the nonprofit organizations you care about. This program may vary by region. In North America, monetary contributions are matched dollar for dollar and volunteer time is matched at the rate of $10 per hour up to $2,000 per year.

Some examples of Lam Research improving communities in North America include:

• Core Values Scholarships:A reward of $10,000 is typically given to one student from each of the seven local high schools in Fremont and Livermore, California.

• Academic Partnerships: The partnerships are created with local organizations and local and international universities.

• Community Engagements: Volunteering opportunities and resources enable employees to become actively involved with their communities.  Some activities at Lam Research include helping needy families and children (school supplies drives, holiday food and toy drives, etc.), supporting environmental restoration and sustainability, and organizing onsite blood drives.

We’re a Global Culture

Lam Research is committed to all communities throughout the world. With employees worldwide and facilities in Asia, Europe, and North America, Lam Research supports a global culture where our employees meet the challenges of helping to build stronger lives for people everywhere.

Examples of how Lam Research and our employees have helped people internationally in 2010-2011 include:

• Japan Disaster Relief: Lam Research made a $150k corporate contribution to the Red Cross and matched $150k in employee contributions to relief efforts.

• Public Service and Sport Sponsorships: Lam Research is involved in sponsoring public services such as local police and fire departments. The Company also sponsors community youth sport teams. These sponsorships vary by each location.

• Lam Research Korea’s Fun Makers: Each year the Fun Makers program selects 12 Lam Research Korea (LRK) employees to develop an array of fun activities for everyone in the LRK office, including community volunteer opportunities. For the past couple of years, on LRK’s Opening Day Anniversary, the employees roll up their sleeves and clean up the neighborhood surrounding their office. In 2011, the Fun Makers organized an event where 30 Lam Research Korea (LRK) employees and 15 National Nature Trust volunteers hiked 40 minutes up Jiri Mountain, a beautiful and well-known area of southern Korea, to plant 300 young trees. The event was held in an effort to restore the Jiri National Forest, the natural habitat of the Asiatic black bear (Bandal Gom).

• Lam Research Austria Carinthian International Club (CIC): In 2011, Lam Research Austria was honored with the TRIGOS Award that acknowledges corporations who not only assume a sustainable responsibility for society, but also are committed to humaneness, integration, tolerance, and environmental consciousness. The CIC, founded in 2009, helps with the integration of foreign colleagues from industry and educational institutions by providing information, services, and an active working network in the local region.