 
Creating a World Class Platform January 2025 © 2025 AtriCure, Inc. All rights reserved. J.P. MORGAN  HEALTHCARE CONFERENCE .2 
 
 
 
Forward Looking Statements and Non-GAAP Financial Measures This presentation and oral statements made in connection with this presentation contain “forward-looking statements,” which are statements related to future events that by their nature address matters  that are uncertain. Forward-looking statements address, among other things, AtriCure’s expected market opportunity, future business, financial performance, financial condition, and results of operations,  and often contain words such as “intends,” “estimates,” “anticipates,” “hopes,” “projects,” “plans,” “expects,” “drives,” “seek,” “believes,” "see," “focus,” “should,” “will,” “would,” “can,” “opportunity,” “target,”  “outlook,” and similar expressions and the negative versions thereof. Such statements are based only upon current expectations of AtriCure. All forward-looking information is inherently uncertain and  actual results may differ materially from assumptions, estimates, projections or expectations reflected or contained in the forward-looking statements as a result of various risk factors.  Reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or  achievements to differ materially from those expressed or implied. These risks, uncertainties and other factors include, but are not limited to, those identified at http://www.atricure.com/forward-looking- statements and/or described in AtriCure’s Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q, particularly the “Risk Factors” sections thereof, as filed with the U.S. Securities and  Exchange Commission and available at http://www.sec.gov.  With respect to all forward-looking statements, AtriCure claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Forward- looking statements speak only as of the date they are made. AtriCure undertakes no obligation, and does not expect, to publicly update or revise any forward-looking statements to reflect new information  or future events or otherwise unless required by law. To supplement AtriCure’s consolidated financial statements prepared in accordance with accounting principles generally accepted in the United States of America, or GAAP, AtriCure provides certain non- GAAP financial measures as supplemental financial metrics in this presentation.  Adjusted EBITDA is calculated as net income (loss) before other income/expense (including interest), income tax expense, depreciation and amortization expense, share-based compensation expense,  acquisition costs, acquired in-process research and development, legal settlements, impairment of intangible assets and change in fair value of contingent consideration liabilities. Management believes in  order to properly understand short-term and long-term financial trends, investors may wish to consider the impact of these excluded items in addition to GAAP measures. The excluded items vary in  frequency and/or impact on our continuing results of operations and management believes that the excluded items are typically not reflective of our ongoing core business operations and financial  condition. Further, management uses adjusted EBITDA for both strategic and annual operating planning.  Adjusted loss per share is a non-GAAP measure which calculates the net loss per share before non-cash adjustments in fair value of contingent consideration liabilities, impairment of intangible assets,  acquired in-process research and development, debt extinguishment and legal settlements.  The non-GAAP financial measures used by AtriCure may not be the same or calculated in the same manner as those used and calculated by other companies. Non-GAAP financial measures have  limitations as analytical tools and should not be considered in isolation or as a substitute for AtriCure’s financial results prepared and reported in accordance with GAAP. We urge investors to review the  reconciliation of these non-GAAP financial measures to the comparable GAAP financials measures, and not to rely on any single financial measure to evaluate our business. © 2025 AtriCure, Inc. All rights reserved. 2 
 
 
 
Large Markets Addressing an underserved and  growing patient population Strong Portfolio  Existing products and solutions  and continuous innovation driving  consistent growth Bright Future Novel therapies supported by  growing body of clinical evidence We are  passionately  focused on  healing the lives  of  those affected  by Afib and pain  after surgery © 2025 AtriCure, Inc. All rights reserved. 3 
 
 
 
Profitable  Growth Strong history of  revenue growth and  acceleration from  multiple catalysts with  operating leverage Expansion Developing  addressable markets  and expanding patient impact  globally Innovation Continuous  improvement,  increasing pipeline Strategic Focus © 2025 AtriCure, Inc. All rights reserved. 4 Clinical  Science Differentiated clinical  trials with superior  patient outcomes 
 
 
 
Afib: A Serious Problem © 2025 AtriCure, Inc. All rights reserved. 5 5x  Higher Risk of Stroke1 46%  Greater Risk of Mortality2 >5x Higher Risk of Heart Failure3 Atrial Fibrillation  (Afib) is an  irregular heartbeat            (or arrhythmia)     tied to higher risk  of  stroke, heart  failure, dementia,  and other health  problems 
 
 
 
Afib: A Serious Problem © 2025 AtriCure, Inc. All rights reserved. 6 Afib affects more than 59 million people worldwide.4 3.5 Million People estimated to have   long-standing persistent Afib  in the US6 1 in 4 Adults Over the age of 40  will develop Afib in their  lifetime5 
 
 
 
Standalone  Hybrid Procedures  Complementary to  catheter ablation (Ablation/LAAM) No Structural Issue  Afib is primary concern AtriCure Patient Profile © 2025 AtriCure, Inc. All rights reserved. Intervention is  better choice Medicine is  effective PAROXYSMAL (occasional) LONG-STANDING  PERSISTENTPERSISTENT Afib 7 Catheter often first line of treatment Concomitant  Open  Procedures (Ablation/LAAM) Structural Heart Issue  Surgery required (Valve, CABG) Afib corrected at same time Differentiated Focus: Creating Standards of  Care  for Patients with Advanced Afib and Managing Post-Operative Pain Thoracic Surgery Intercostal nerve pain  addressed during surgery Pain Management Concomitant  Cryo Nerve  Block Procedure (Ablation) 
 
 
 
Significant Global Market Opportunity  © 2025 AtriCure, Inc. All rights reserved. 8 Market opportunity and penetration estimates based on internal estimates and research, as well as from publicly available information. Pain  Management Ablation Thoracic Procedures Hybrid Therapy MIS Ablation +         LAAM  Standalone Treatment            for Long-Standing        Persistent Afib  Cardiac Surgery  Open Ablation +  LAAM  Concomitant Treatment  Pre-Op Afib $1B Cardiac  Surgery  Open Ablation +  LAAM  Concomitant  Treatment Pre-Op Afib  Current Global  Opportunity$5B+ 2010 Global  Opportunity 
 
 
 
Expanding Market Opportunity © 2025 AtriCure, Inc. All rights reserved. 9 Market opportunity and penetration estimates based on internal estimates and research, as well as from publicly available information. Leading with innovation, clinical science and education to establish and grow our markets $10B+ Pain  Management Ablation Thoracic Procedures  Cardiac  Surgery  Open Ablation +  LAAM  Concomitant Treatment  Pre-Op Afib Hybrid Therapy MIS Ablation +         LAAM  Standalone Treatment            for Long-Standing        Persistent Afib  Cardiac  Surgery  LAAM  Concomitant Treatment  PMA study underway  for  Non-Afib LAAM Pain  Management Ablation Sternotomy Procedures Hybrid Therapy MIS Ablation PMA study underway for IST Pain Management Ablation Extremities Cardiac Surgery  Ablation Concomitant Treatment  PMA study underway for  Non-Afib Ablation Global Opportunity + 
 
 
 
Innovation and Clinical Milestones © 2025 AtriCure, Inc. All rights reserved. 10 EPI-SENSE ® DEVICE ATRICLIP PRO・V®   DEVICE ATRICLIP ® FLEX・V ®  DEVICE ISOLATOR®  SYNERGY  CLAMP cryoSPHERE ®  CRYOABLATION PROBE ISOLATOR®  SYNERGY   ENCOMPASS ®  CLAMP ATRICLIP  FLEX•MiniTM  DEVICE • Isolator® Synergy   Ablation System FDA  approved for treatment  of persistent or long- standing persistent  Afib concomitant to  open heart procedures  • AtriClip® devices • CONVERGE Trial  begins   • AtriCure  founded • First patient  treated  • ABLATE Trial  begins  • EPi-Sense®  system acquired  • AtriClip PRO-V®  • AtriClip Flex-V® • cryoSPHERE®  probe for Pain  Management  • EPi-Sense System approved by FDA for  treatment of long-standing persistent Afib • EnCompass® clamp • LeAAPS Trial studying prophylactic LAA  exclusion in non-Afib patients begins  • EPi-Sense ST device • cryoSPHERE+ and MAX probes • AtriClip FLEX-Mini  device • BoxX-NoAF Trial studying prophylactic  ablation of non-Afib patients begins 2000 2010 2015 2020 
 
 
 
Treatment of  Afib and LAAM Advancing Guidelines for Clinical Practice © 2025 AtriCure, Inc. All rights reserved. 11 Lasts beyond 7 days  and as long as 1 year Lasts longer than 1 year  without stopping Sources included in Appendix 
 
 
 
© 2025 AtriCure, Inc. All rights reserved. 12 Lasts longer than 1 year  without stopping Treatment of  Afib and LAAM Improving Access through Reimbursement  2021 2022 2023 2024 Hospital Reimbursement  MS-DRG 233, 234 CABG + Surgical Ablation      $8k-$14k for addition      of ablation Physician Reimbursement CPT 33267, 33268, 33269 Epicardial LAA First time physician  payment / RVU for  surgical LAA  Hospital Reimbursement  MS-DRG 212 AVR + MVR + Surgical  Ablation      $24k for addition of  ablation Hospital Reimbursement  MS-DRG 317 Epicardial Ablation +  Epicardial LAA     $15k - $20k for  combination Sources included in Appendix 
 
 
 
Cardiac Surgery Ablation + LAAM  © 2025 AtriCure, Inc. All rights reserved. 13 • Penetrate global market with EnCompass  clamp  • Drive adoption of AtriClip FLEX-Mini device,  launched in the US in 2024 • Complete enrollment of 6,500 patients in  LeAAPS Trial, studying prophylactic LAA  exclusion for prevention of ischemic stroke in  cardiac surgery patients without pre-operative  AF diagnosis • PFA clamp development  • Initiate BoxX-NoAF Trial studying prophylactic  ablation for reduction of post-op AF (POAF) Established Market and Advancing Innovation in Patient Care Approved. Isolator Synergy  Ablation System first medical device  with FDA approval for treatment of Afib  concomitant to open heart procedures  Endorsed. Advanced Ablation  Courses endorsed by the Society of  Thoracic Surgeons  Recommended. Guidelines7  state Surgical Ablation is recommended  and LAA management is recommended Key Initiatives and Growth Drivers 
 
 
 
3.5 Million People estimated to have long- standing persistent Afib in the US6 Hybrid Therapy Ablation + LAAM © 2025 AtriCure, Inc. All rights reserved. 14 Hybrid AF  Therapy proven  effective in long-standing  persistent Afib patients  CONVERGE - DEEP - CEASE-AF Growing Market with Unique Solutions for Advanced Afib Patients • Drive adoption of Hybrid AF Therapy with  Epi-Sense / ST devices, expanding global  customer base  • Continue investments in clinical studies;  evidence supporting Hybrid AF Therapies • New product development for MIS LAAM  devices, PFA platform • Expand awareness for economic value  and patient outcomes with Hybrid AF  Therapy  Key Initiatives and Growth Drivers <5% Treated 
 
 
 
Cryo Nerve Block Therapy            can be an important tool in  combatting the opioid epidemic  – 1 in 7 thoracic surgery patients  become reliant upon opioids after  their procedure8 Pain Management © 2025 AtriCure, Inc. All rights reserved. 15 • Expand adoption of 2024 new product  launches: cryoSPHERE+ probe and  cryoSPHERE MAX probe • Reduced freeze times by 25%  (cryoSPHERE+) and 50% (cryoSPHERE  MAX) compared to first generation  technology  • Continue investments in registries and  studies to support economic benefit of Cryo  Nerve Block therapy • Product development in new therapy areas  Key Initiatives and Growth Drivers Leading Market Development through Ablation Expertise 
 
 
 
Key New  Product  Launches 2024 Highlights and Accomplishments 17% 4,200 Patients Enrolled To Date>190,000  Patients  Treated Improving  guidelines  in cardiac  surgery  globally Annual  Revenue  Growth*  Top Workplace Honors  Cincinnati, Minneapolis, Netherlands, Australia, United Kingdom +42% Increase in Positive  Adjusted EBITDA**  Improving profitability while driving growth  *2024 Revenue is preliminary and unaudited. ** 2024 Positive Adjusted EBITDA based on mid-point of 2024 guidance range of $26 million to $29 million. © 2025 AtriCure, Inc. All rights reserved. Fast Company’s  100 Best Workplaces  for Innovators ATRICLIP  FLEX•Mini cryoS+ cryoS  MAX Pain Management LAAM International Products Expanding • EnCompass clamp approved in E.U.  • Expanded labeling for AtriClip devices in E.U.  • AtriClip devices approved in China   Grants to support facility  expansion, jobs growth  BoxX-NoAF  Trial Protocol  Approved 26% International  Revenue Growth* State of Ohio + City of Mason 16 
 
 
 
Financial Results and 2025 Outlook  © 2025 AtriCure, Inc. All rights reserved. ** 2024 Worldwide Revenue is preliminary and unaudited.  2024 Adjusted EBITDA based on midpoint of guidance range.  17 W or ld w id e  R ev en ue ($ Millions) 2025 Guidance Worldwide Revenue of  $517 million to $527 million Adjusted EBITDA of               $40 million to $44 million Modest Cash Flow Generation +33% +20% +21% A dj us te d  EB IT D A ($ Millions) Significant Investment in Growth Catalysts  and Expanding Operating Leverage ** +17% 
 
 
 
[ 18 ] Key Takeaways Strong Q4 2024  and FY 2024 Q4 Worldwide Revenue  $124.3M (~17% Growth) 2024 Worldwide Revenue  $465.3M (~17% Growth) 2025 Guidance   Worldwide Revenue  $517M to $527M  Positive Adjusted EBITDA  $40M to $44M  Positive Cash Flow Focused on Market  Penetration +  Expansion   cryoSPHERE probes EnCompass clamp AtriClip devices HybridTherapies PFA platform development LeAAPS Clinical Trial BoxX-NoAF Clinical Trial Analyst &  Investor Day   March 26, 2025 Headquarters (Mason, Ohio) Our Vision  Portfolio and Pipeline Financial Goals KOL perspectives  18 © 2025 AtriCure, Inc. All rights reserved. 
 
 
 
Thank You! © 2025 AtriCure, Inc. All rights reserved. 
 
 
 
References and Abbreviations © 2025 AtriCure, Inc. All rights reserved. Note Reference 1 J Geriatr Cardiol. 2016 Oct; 13(10): 880–882, doi: 10.11909/j.issn.1671-5411.2016.10.004 2 Odutayo, A. et al. (2016). Atrial fibrillation and risks of cardiovascular disease, renal disease, and deaths systematic review and meta  analysis. BMJ 2016; 354:i4482 3 Santhanakrishnan R et al., “AF Begets Heart Failure and Vice Versa,” Circulation, 133 (2016):484-492 4 Linz, D., Gawalko, M., Betz, K., Hendriks, J. M., Lip, G. Y., Vinter, N., Guo, Y. & Johnsen, S. (2024). Atrial fibrillation: epidemiology,  screening and digital health. The Lancet Regional Health–Europe, Volume 37, 100786, February 2024 5 Lifetime risk for development of atrial fibrillation. Circulation, 110 (2004): 1042-1046. doi: 10.1161/01.CIR.0000140263.20897.42 6 Medical management estimate: Colilia, et al. Estimates of Current and Future Incidence and Prevalence of Atrial Fibrillation in the U.S.  Adult Population. Am Journal of Cardiology 2013, 112: 1142-1147  Persistent patient estimate: Berisso et al Epidemiology of atrial fibrillation: European perspective Clin Epidemiol. 2014; 6: 213–220 7 The Society of Thoracic Surgeons 2017 Clinical Practice Guidelines for the Surgical Treatment of Atrial Fibrillation  2023 ACC/AHA/ACCP/HRS Guideline for the Diagnosis and Management of Atrial Fibrillation: A Report of the American College of  Cardiology/American Heart Association Joint Committee on Clinical Practice Guidelines. Journal of the American College of Cardiology 8 The Society of Thoracic Surgeons, Current News Release (1/30/2018): 1 in 7 Lung Surgery Patients at Risk for Opioid Dependence Key Abbreviations Afib or AF Atrial Fibrillation AVR Aortic Valve Repair/Replacement CABG Coronary Artery Bypass Graft  CMS Centers for Medicare & Medicaid Services CNB Cryo Nerve Block  CPT Current Procedural Terminology code  EP Electrophysiologist FDA Food & Drug Administration IDE Investigational Device Exemption IST Inappropriate Sinus Tachycardia  LAA Left Atrial Appendage LAAM LAA Management MS-DRG Medicare Severity Diagnosis Related Groups MVR Mitral Valve Repair/Replacement PFA Pulsed Field Ablation PMA Pre-Market Approval POAF Post-Op Afib  PVI Pulmonary Vien Isolation PWI Posterior Wall Isolation  RF Radio Frequency  RVU Relative Value Unit 20 
 
 
 
© 2025 AtriCure, Inc. All rights reserved. 21 Sources Tables +Article in Press. https://www.heartrhythmjournal.com/article/S1547-5271(24)00261-3/fulltext (accessed 4/10/2024). Heart  Rhythm Society, the European Society of Cardiology, the Asia Pacific Heart Rhythm Society, and the Latin American Heart  Rhythm Society 2024.  +Hybrid ablation type of evidence META (meta-analysis); LAAE type of evidence RAND (randomized controlled);  nomenclature did not use LOE classification.  ^Advice TO DO/RAND. †Advice TO DO/META. Wyler von Ballmoos, M.C. et al. (2024). The Society of Thoracic Surgeons 2023 Clinical Practice Guidelines for the Surgical Treatment of Atrial Fibrillation. Members, W. C., et al. (2023). 2023 ACC/AHA/ACCP/HRS Guideline for the  Diagnosis and Management of Atrial Fibrillation: A Report of the American College of Cardiology/American Heart  Association Joint Committee on Clinical Practice Guidelines. Journal of the American College of Cardiology. January, C. T., et al. (2019). 2019 AHA/ACC/HRS Focused Update of the 2014 AHA/ACC/HRS Guideline for the  Management of Patients With Atrial Fibrillation: A Report of the American College of Cardiology/American Heart Association  Task Force on Clinical Practice Guidelines and the Heart Rhythm Society. Circulation, CIR-0000000000000665. Badhwar, et al. (2017). The Society of Thoracic Surgeons 2017 Clinical Practice Guidelines for the Surgical  Treatment of Atrial Fibrillation. Ann Thorac Surg, 103(1):329-41. ‡MVR LOE A; AVR,CABG LOE B. January, C.T., et al. (2014). 2014 AHA/ACC/HRS guideline for the management of patients with atrial fibrillation: a report of  the American College of Cardiology/American Heart Association Task Force on Practice Guidelines and the Heart Rhythm  Society. J Am Coll Cardiol, 64(21):e1-76. *Calkins, H., et al. (2017). 2017 HRS/EHRA/ECAS/APHRS/SOLAECE expert consensus statement on catheter and surgical  ablation of atrial fibrillation. Heart Rhythm, 14(10):e275-444. AVR/CABG concomitant ablation Class I LOR for symptomatic  persistent and long-standing persistent “refractory or intolerant to at least one Class 1 or 3 antiarrhythmic medication.” Meier, B., et al. (2014). EHRA/EAPCI expert consensus statement on catheter-based left atrial appendage occlusion.  Europace, 16(10):1397-416. Cox, J.L., et al. (1991). Dr. Cox performed first surgical ablation using maze I; Successful surgical treatment of atrial  fibrillation. Review and clinical update.  JAMA, 266 (14):1976-80. Isabelle C Van Gelder, Michiel Rienstra, Karina V Bunting, Ruben Casado-Arroyo, Valeria Caso, Harry J G M Crijns, Tom J R  De Potter, Jeremy Dwight, Luigina Guasti, Thorsten Hanke, et al. (2024). 2024 ESC Guidelines for the management of atrial  fibrillation developed in collaboration with the European Association for Cardio-Thoracic Surgery (EACTS): Developed by the  task force for the management of atrial fibrillation of the European Society of Cardiology (ESC), with the special contribution  of the European Heart Rhythm Association (EHRA) of the ESC. Endorsed by the European Stroke Organisation (ESO),  European Heart Journal, ehae176. Sources: Treatment of  Afib and LAAM Advancing Guidelines for Clinical Practice Sources: Treatment of  Afib and LAAM Improving Access through Reimbursement In 2021, CMS moved CABG plus ablation cases to MS-DRGs 223/234  from MS-DRGs 235/236.  In 2022, CMS physician payment rates included new surgical LAA codes  (CPT 33267, 33268, 33269).  In 2023, CMS created MS-DRG 212 which moves cases with an AVR  plus and MVR plus an ablation from MS-DRGs 216-221 to MS-DRG 212.  In 2024, CMS created MS-DRG 317 which moves cases with ablation  plus LAAM from MS-DRG 228/229 to MS-DRG 317.  Healthcare providers are solely responsible for the accuracy of codes  selected for the services rendered and reported. AtriCure does not  assume responsibility for coding decisions, nor recommend codes for  specific cases. AtriCure also does not promote off-label use of its  devices.