D Wave to Showcase Real World Quantum Computing Applications in Action at Q2B24 Silicon Valley

PALO ALTO, Calif.--(BUSINESS WIRE)-- D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world's first commercial supplier of quantum computers, today announced it will highlight the transformative power of quantum optimization and its impact on today's businesses at Q2B24 Silicon Valley.

Murray Thom, D-Wave vice president of quantum technology evangelism and featured speaker at the event, will discuss the evolution of quantum applications moving from proof of concept to production deployment. Uniquely aligned with Q2B24 Silicon Valley's theme of "The Roadmap to Quantum Value," Thom will highlight the measurable impact that D-Wave's annealing quantum computing solutions are creating for customers today, including:

• An 80% reduction in the effort needed to create retail workforce schedules at Pattison Food Group, the largest purveyor of food and healthcare products in western Canada.
• An 83% reduction in the time needed to create manufacturing production schedules at Ford Otosan, a joint venture between Ford Motor Company and Koç Holding, an industrial conglomerate in Turkey.
• A 15% improvement in the utilization of mobile network resources at NTT Docomo, Japan's largest mobile phone operator.

Thom will also address why today's complex optimization business problems benefit from the greater computational power of quantum computing technology as well as real-time cloud access to push beyond the limitations of classical computers. Thom's presentation takes place on December 12 at 3:30 p.m. PST.

"Annealing quantum computers continue to demonstrate a speed-up over classical computers alone for optimization-related problems," said Thom. "I look forward to attending Q2B24 Silicon Valley and sharing our unique experience as the world's first commercial quantum computing company with customer applications in production. Organizations can't afford to wait to start recognizing the value quantum can bring now."

Q2B annually features top academics, industry end users, government representatives, and quantum computing vendors from around the world. Join D-Wave at Q2B24 Silicon Valley by registering here: https://q2b.qcware.com/2024-conferences/silicon-valley/registration/

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software, and services, and is the world's first commercial supplier of quantum computers-and the only company building both annealing quantum computers and gate-model quantum computers. Our mission is to unlock the power of quantum computing today to benefit business and society. We do this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. D-Wave's technology has been used by some of the world's most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

Forward-Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

Source: D-Wave Quantum Inc.

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