9 August 2024

Raspberry Pi Holdings plc

("Raspberry Pi" or "the Company")

New Product Announcement

Raspberry Pi (LSE: RPI), a leader in low-cost, high-performance computing, announces the release of Raspberry Pi Pico 2, and the RP2350 microcontroller platform.

Launch of Raspberry Pi Pico 2 and RP2350

The Company is pleased to announce the release of Raspberry Pi Pico 2, a single-board computer built on RP2350, its new high-performance, secure microcontroller platform. Raspberry Pi Pico 2 builds on the success of the first-generation Raspberry Pi Pico products, which together have shipped over 3.5 million units since launch in January 2021, and delivers a significant performance and feature-set upgrade, while retaining hardware and software compatibility.

Compared with the existing RP2040 microcontroller, RP2350 offers faster processors, more memory, upgraded interfacing capabilities, and new security features. These features are extensively documented and available to all users without restriction, allowing professional customers to integrate RP2350, and Raspberry Pi Pico 2, into their products with confidence.

The launch of Raspberry Pi Pico 2, and RP2350, supports the Company's strategy to grow volumes by enhancing the performance and feature sets of its products, in the Industrial and Embedded, Enthusiast and Education, and Semiconductor markets.

Raspberry Pi CEO, Dr Eben Upton commented: "We continue to make encouraging progress across the business and Raspberry Pi Pico 2 and RP2350 embody our core values of performance, flexibility, and affordability, and are an important next step in the evolution of Raspberry Pi as a semiconductor vendor. We look forward to other exciting product releases through the second half of 2024 and into 2025."

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Notes to Editor

Headquartered in Cambridge, UK, Raspberry Pi's mission is to put high-performance, low-cost, general-purpose computing platforms in the hands of enthusiasts and engineers all over the world.

Raspberry Pi is a full-stack engineering organisation, with research and development capabilities spanning the entire value chain, from semiconductor IP development, through semiconductor and electronic product design to software engineering and regulatory compliance. The high performance, low cost, and physical robustness of Raspberry Pi products make them suitable for a wide range of applications, across three distinct markets: Industrial and Embedded, Enthusiast and Education, and Semiconductors.

The Company has distributed approximately $50m since inception to support the work of the Raspberry Pi Foundation, a UK charity founded in 2008 and a major shareholder in Raspberry Pi, to enable young people to realise their potential through computing. Raspberry Pi has been recognised with the London Stock Exchange's Green Economy Mark for its work in reducing the carbon intensity of embedded computing.