SÜSS MicroTec SE

Investor Presentation • Sep 2, 2018

SUSS MICROTEC INVESTOR PRESENTATION

September 2018

SUSS MICROTEC INVESTOR PRESENTATION

- AGENDA -

• 1. Overview
• 2. Strategy, products and markets
• 3. Financials
• 4. Outlook

SUSS MICROTEC TODAY

• Equipment provider for semiconductor and related industries
• Semi front-, mid- and back-end, MEMS, RF, Opto, etc.
• Strong focus on Asian markets
• Tier one market players becoming major customers
• Very demanding market environment

MARKET ENVIRONMENT - MEGATRENDS

• Digitization
• Wireless Communication
• Data Networks
• Cloud Computing
• Internet of Things
• Smart Factory
• Autonomous Driving
• Mobility
• Automation

OUR GROWTH DRIVERS

Advanced Packaging RF MEMS

3D Packaging FOWLP

MAIN COMPETITORS AND PEER GROUP

Peer Group
BE Semiconductor:	equipment for leadframe, substrate and WLP applications (die attach, wire-bonding, plating), target markets include electronics, computer, automotive, industrial, LED and solar energy
Veeco/UTEC:	steppers for the semiconductor market, advanced packaging, nanotechnology, laser processing (LSA)
Kulicke & Soffa:	design and manufacture of equipment for semiconductor, LED and electronic assembly (wire-bonding, advanced packaging)
Rudolph Tech:	equipment and software solutions for macro defect inspection, probe card test and analysis, thin film metrology, advanced packaging lithography systems (steppers)
EV Group:	equipment for wafer-bonding, lithography/nanoimprint lithography (NIL), metrology, photoresist coating, cleaning and inspection for the target markets: advanced packaging, compound semiconductor and silicon-based power devices, MEMS, nanotechnology and SOI

SUSS MICROTEC – A GLOBAL PLAYER

SUSS MicroTec Investor Presentation 7

MAIN PRODUCTION SITES

*Production site is owned by SUSS MicroTec

MARKETS ARE CHANGING – RECOGNIZE AND REALIZE OPPORTUNITIES

• Our industry is highly innovative and very demanding
• Processes are getting more complex – costumers are asking for more support
• Tier one market players are becoming major customers
• Focus on high volume manufacturing customers – meet their expectation
• Invest into R&D and application specific excellence centers
• Collaborate with material, process providers and other equipment suppliers

SEMICONDUCTOR MARKET LONGTERM OUTLOOK

The global semiconductor market will be \$656B in 2025 compared to \$343B in 2015 with a CAGR of 6.7%*

*source Semi.org

SEGMENTS, ORDER ENTRY, SALES AND EBIT H1 2018

SEGMENTS, ORDER ENTRY AND SALES FULL YEAR 2017

SUSS MicroTec Group FY 2017* Sales: 166.5 € million

Order Entry: 200.3 € million EBIT: 13.9 € million EBIT margin: 8.3% Adj. EBIT-Margin: 12.6%

PRODUCT PORTFOLIO FOR MASS PRODUCTION

= Main Contributor to sales in 2018

SEMICONDUCTOR MARKET OUTLOOK = SUSS POTENTIAL

Based on the favorable markets trends and our targeted market share gains, we should be able to show sustainable growth of sales over the years to come, always keeping in mind, that the business will remain cyclical

*This chart contains forward-looking targets relating to the business and financial performance of SUSS MicroTec SE. These statements are based on current estimates, projections and expectations and are therefore subject to risks and uncertainties, most of which are difficult to estimate. Consequently, actual developments as well as performance may differ materially from those which is explicitly or implicitly assumed in this graphic. SUSS MicroTec Investor Presentation

14

SUSS MICROTEC INVESTOR PRESENTATION

Financials

KEY GROUP FIGURES H1 2018

			delta H1 2018/
in € million	H1 2018	H1 2017	H1 2017	Q2 2018	Q2 2017
Order Intake	78.2	94.4	-17.2%	39.6	48.4
Order Backlog 6/30	114.1	128.8	-11.4%	--	--
Revenue	97.4	66.3	+46.9%	54.3	43.3
EBIT	7.6	1.6	>100%	6.8	6.4
EBIT in % of Sales	7.8%	2.4%	5.4%pt	12.5%	14.8%
Earnings after tax	4.2	-0.7	--	4.1	3.9
EPS in €	0.22	-0.04	--	0.22	0.20
Free Cash Flow*	-15.9	-5.6	--	-2.2	-1.7
Net Cash	17.1	25.0	-31.6%	--	--
Employees 6/30	850	734	+15.8%	--	--

*before consideration of transactions with interest-bearing securities

LONG TERM BUSINESS DEVELOPMENT

Order Entry in € million Sales in € million

Order Backlog in € million

Free Cash Flow** in € million

Net Cash in € million

EBIT in € million

* Including a -13.2 € milion one-off effect from restructuring of the product line permanant bonding (-0,69 € per share) ** FCF = operating CF + CF from investments + changes in securities holdings

ORDER ENTRY BY SEGMENT AND REGION H1 2018

SUSS MICROTEC INVESTOR PRESENTATION

Outlook

MARKET OUTLOOK 2018

• Gartner expects the semiconductor market to grow by 7.5% in 2018 after 22.2% in 2017
• This would mark a new record sales level of USD 451 billion for the semiconductor industry in 2018
• Market growth is driven by automotive and industrial applications as well as memory chips and the internet of things
• Semi expects a market growth of +14 % in semi-fab-equipment in 2018 and +9 % in 2019 (June 2018)
• Yole expects the MEMS-market to grow by +16.7% (CAGR) from 2016 to 2022 (unit growth)

OUTLOOK 2018

Fiscal year 2018: Sales € 195 million – € 205 million EBIT 8.5% – 10.0%

Q3 + Q4 2018: Order entry of more than € 95 million

INVESTOR RELATIONS INFORMATION

Franka Schielke

Tel.: +49 89-32007- 161 Fax.: +49 89-32007- 451 Email: franka.schielke@suss.com

SÜSS MicroTec SE Schleissheimer Strasse 90 85748 Garching Germany www.suss.com

Contact Financial Calendar 2018

Quarterly Report 2018	3 May
Annual General Meeting 2018, Munich	6 Jun
Interim Report 2018	3 Aug
Nine-month Report 2018	7 Nov

This presentation contains forward-looking statements relating to the business, financial performance and earnings of SUSS MicroTec SE and its subsidiaries and associates. Forward-looking statements are based on current plans, estimates, projections and expectations and are therefore subject to risks and uncertainties, most of which are difficult to estimate and which in general are beyond the control of SUSS MicroTec SE. Consequently, actual developments as well as actual earnings and performance may differ materially from those which explicitly or implicitly assumed in the forwardlooking statements. SUSS MicroTec SE does not intend or accept any obligation to publish updates of these forward-looking statements.

SUSS MICROTEC INVESTOR PRESENTATION

Back up

LONG TERM BUSINESS DEVELOPMENT BY QUARTER

Order Entry in € million

Sales in € million

EBIT in € million

LONG TERM BUSINESS DEVELOPMENT BY QUARTER

Net Cash in € million

* one-off effect from restructuring the product line permanent bonding

SHARE PRICE DEVELOPMENT AND MAJOR HOLDERS

(Price of the SUSS MicroTec Share at January 2, 2017: 6.54 € )

Jan. Feb.Mrz.Apr.Mai. Jun. Jul. Aug.Sep. Okt.Nov.Dez.Jan. Feb.Mrz.Apr.Mai. Jun. Jul. Aug.Sep.

Average daily trading volume January 2017 – August 2018: ~ 101.000