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First Sensor AG

Investor Presentation Jun 1, 2018

159_ip_2018-06-01_0ba576c9-b645-4540-a13f-20ff8693c0bc.pdf

Investor Presentation

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WE LEAD THE FUTURE

COMPANY PRESENTATION

FIRST SENSOR AT A GLANCE

OUR COMPETENCE

Pattern recognition is our very first core competence.

OUR COMPETENCE Semiconductor production puts this competence into products.

OUR COMPETENCE Microelectronic technology comprises our second core competence.

OUR COMPETENCE

We link our two competences in order to design sensor systems.

Form factor

OUR COMPETENCE Thereby, we cover the entire value chain of sensor technology.

− Connecting microelectronic and non-electronic micro components to a housing

  • − Consists of a sensor chip, a housing and electronics
  • − The measurement signal can be calibrated

  • − Measures and preprocesses data

  • − communicates with other systems

Detect Detect & Understand

OUR MARKETS We focus on the growth markets Industrial, Medical and Mobility.

OUR MARKETS

The industrial market needs sensors to create an autonomous interaction between products and processes.

OUR MARKETS The medical market is characterized by miniaturization & digital health.

Devices in the nanometer range for new applications, e.g. ventilators for home use, are no longer merely visions of the future.

OUR MARKETS The mobility market is driven by a new idea of transportation.

The trend towards partially and fully autonomous vehicles is possible only thanks to sensor-based driver assistance systems.

OUR PRESENCE We grow in our core market as well as in high potential sales regions.

FINANCIAL KEY FIGURES

We are clearly on a path of growth FINANCIAL KEY FIGURES

3.0 5.7 10.7 11.6 12.0 13.8 16.0 32.6 37.0 38.5 30.2 45.2 65.1 111.9 108.5 124.0 137.7 150.1 147.5 150-160* 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 * Guidance 2018 Going Public Acquisition Lewicki Microelectronic GmbH Acquisition Microelectronic Packaging Dresden GmbH Foundation Silicon Micro Sensors GmbH Acquisition First Sensor Technology GmbH Acquisition Sensortechnics GmbH & MEMSfab GmbH All companies merge under the umbrella of the First Sensor brand Launch OneERP sales in € million

FINANCIAL KEY FIGURES To strengthen our profitability is just as important as sales growth

FINANCIAL KEY FIGURES Q1 sales with € 34.5 million on level of previous year

Production recorded decreased output due to the introduction of a new ERP system for company management.

As a result the booked order volume was not produced in full.

This is also evident in our order backlog, which at €97.3 million is €4.8 million up on the fourth

Q1 INTERIM REPORT 2018 Reduced output is evident in order backlog of €97.3 million

Order backlog with €97.3 million €4.8 million up on the fourth quarter of 2017; € 8.4 million up on the first quarter of 2017

FINANCIAL KEY FIGURES Further growth in all target markets over the course of the year

FINANCIAL KEY FIGURES DACH region still the most important market

FINANCIAL KEY FIGURES EBIT-Margin 3.1 % due to reduced economies of scale and growth costs

FINANCIAL KEY FIGURES Cash flow items improve slightly year-on-year

FINANCIAL KEY FIGURES

Consolidated balance sheet almost unchanged

Comments

increase in inventories of around €2.8 financed with cash and cash equivalents to allow improvement in delivery capability

Net debt with €25.2 million slightly lower than in the previous year (PY: €27.3 million)

Equity increased to €82.1 million (PY: €78.7 million)

Equity ratio 51.5% (PY: 50.9%)

FINANCIAL KEY FIGURES

Growth-driven investments in expanding personnel levels

FINANCIAL KEY FIGURES Order intake still on high level, book-to-bill indicates further growth

Incoming orders totaled €39.3 million. As an important growth indicator, our book-to-bill ratio thus came to 1.14 as at the reporting date.

Due to reporting date factors driven by the lower output in connection and the alignment of the ERP system, the order backlog also increased. It now totals €97.3 million.

FINANCIAL KEY FIGURES Management confirms guidance 2018

STRATEGIC PERSPECTIVE FOR PROFITABLE GROWTH

OUR STRATEGY FOR PROFITABLE GROWTH We generate and utilize economies of scale in 4 dimensions.

OUR STRATEGY FOR PROFITABLE GROWTH We generate and utilize economies of scale in 4 dimensions.

DIMENSION 1: CLEAR FOCUS ON OUR TARGET MARKETS Our target markets are growth markets

DIMENSION 1: CLEAR FOCUS ON OUR TARGET MARKETS We participate in this market growth

OUR STRATEGY FOR PROFITABLE GROWTH We generate and utilize economies of scale in 4 dimensions.

DIMENSION 2: CLEAR FOCUS ON KEY CUSTOMERS & PRODUCTS Why is this efficient?

Our growth becomes more scalable and our profitability increases.

OUR STRATEGY FOR PROFITABLE GROWTH We generate and utilize economies of scale in 4 dimensions.

DIMENSION 3: CLEAR FOCUS ON FORWARD INTEGRATION We base our forward integration initiatives on clear product roadmaps.

DIMENSION 3: CLEAR FOCUS ON FORWARD INTEGRATION One example is a multi sensor system for HVAC applications

OUR STRATEGY FOR PROFITABLE GROWTH We generate and utilize economies of scale in 4 dimensions.

Strategic Perspective for Profitable Growth

DIMENSION 4: CLEAR FOCUS ON INTERNATIONALIZATION We generated further growth in our key sales regions

OUR STRATEGY FOR PROFITABLE GROWTH We generate and utilize economies of scale in 4 dimensions.

Our current core initiatives THE FUNDAMENT: FOCUS ON OPERATIVE EXCELLENCE

GROWTH DRIVER LIDAR LiDAR is a relevant factor within our strategy for profitable growth.

Main reason for accidents are preventable human mistakes.

Therefore cars become more and more autonomous.

Autonomous
Levels
Level 1 Level 2 Level 3 Level 4 Level 5
Assisted
Driving
Partly
Automated
Highly
Automated
Fully
Automated
Driverless
Fuctionality Active Cruise Control
(ACC)
Lane departure
warning system
(LDWS)
Lane
Keep Assist (LKA)
Park Assist (PA)
Automatic Emergency
Brake
(AEB)
Driver Monitoring
(DM)
Traffic Jam Assist (TJA)
Autopilot on Highway
(AP)
Autopilot everywhere
Sensors +
Ultrasonic
Radar
(long range)
Front Camera
+
Surround Camera
+
+
Radar
(short range)
Driver Camera
LIDAR
SENSOR Fusion SENSOR Fusion

Sensors in vehicles assist the drivers and provide more road safety.

LiDAR is an important technology for many of these safety applications.

Besides LiDAR, cameras are irreplaceable for a safe surround view.

On Board Sensor Capability LIDAR
(Detection
&
ranging)
Camera
(Monitoring
&
classification)
RADAR
(Detection
&
ranging)
V2X &
Cellular*
(Information)
Map &
Location
(Information)
Detection Traffic
objects
Car/Trucks
Performance Motorcycle
Bicycle
Pedestrian
Animal
Debris
Infrastructure
traffic constraints
Road marking
Traffic signs
Traffic lights
Path/Road Curve
structure Guard rails
Wall/Obstacle
Dynamic Static
360°
View
Robustness Rain/Snow
Fog
Night

* Depends on coverage

GROWTH DRIVER LIDAR In LiDAR systems different components work hand in hand.

Source: Velodyne

First Sensor is an important supplier for the detectors in LiDAR systems.

With our APD we have captured a leading share for more than 10 years.

GROWTH DRIVER LIDAR But LiDAR also has applications in the industrial market, e.g. logistics…

GROWTH DRIVER LIDAR …mapping and construction…

GROWTH DRIVER LIDAR …and traffic control & security.

THE SHARE

FIRST SENSOR SHARE Currently, our free float amounts to nearly 59 percent.

FIRST SENSOR SHARE

First Sensor share recorded a performance of 15.8% in Q1 2018

Q1 INTERIM REPORT 2018 Meet First Sensor: Financial Calendar 2018

When? What?
15.05. 2018 German Spring Conference, Marriott-Hotel, Frankfurt am Main
23.05.2018 Annual Meeting 2018, Penta
Hotel, Grünauer Str. 1, 12557 Berlin
01.06.2018 Roadshow Oddo BHF, Paris, France
21./22.6.2018 Berenberg Pan-European Discovery Conference, Provence Côte d'Azur, France
13.08.2018 6-Month Financial Report
12.11.2018 Q3 Interim Report
26./27.11.2018 Analyst' Conference:
German Equity Forum, Sheraton Airport Hotel, Frankfurt am Main

OUR EXECUTIVE BOARD

Dr. Dirk Rothweiler CEO

since Jan. 1, 2017

  • CEO, First Sensor AG
  • Executive Vice President Optical Systems, Jenoptik AG
  • Vice President Sales and Service, TCZ
  • Managing Director Asia-Pacific, Süss Microtec Co. Ltd.
  • Director Sales & Marketing, Süss Microtec AG
  • Project Manager for the Semiconductor Technology Division, Carl Zeiss
  • Doctorate from the Department of Engineering, RWTH Aachen

Dr. Mathias Gollwitzer CFO

since Aug. 10, 2015

CFO, First Sensor AG Vice President Group Controlling, EnBW Energie Baden-Württemberg AG CFO, Mercedes-Benz France SAS Director Corporate Controlling, DaimlerChrysler AG CFO, DaimlerChrylser Belgium/Luxembourg NV/SA Director Research and Technology, Daimler AG CEO, Temic Sprachverarbeitung GmbH Director Division Controlling, Telefunken Systemtechnik Gmb Expert Adviser Finance/Controlling, Deutsche Aerospace AG

WE LEAD THE FUTURE

Roadshow First Sensor AG

Paris, June 1, 2018

This presentation contains forward-looking statements. This presentation does not represent any solicitation to purchase shares of First Sensor AG. Rather it is intended exclusively for information purposes with regard to possible future developments at the company. All future-oriented information in this presentation was produced on the basis of probability-based planning and represents statements regarding the future which cannot be guaranteed. Rounding differences may occur.

First Sensor AG, Investor Relations T +49 30 63 99 23 760 E [email protected]

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