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SÜSS MicroTec SE

Quarterly Report May 4, 2016

422_10-q_2016-05-04_883e118f-c38d-401e-b962-fe7a1c3072d6.pdf

Quarterly Report

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Quarterly Report 2016

January 1 – March 31

Key Figures

in € million 3M/ 2016 3M/ 2015 Change
Business development
Order entry 30.1 28.5 5.6%
Order backlog as of March 31 118.8 78.8 50.8%
Total sales 27.6 26.9 2.6%
Sales margin -9.1% -9.3% 0.2%-points
Gross profit 8.9 8.8 1.1%
Gross margin 32.2% 32.7% -0.5%-points
Cost of sales 18.7 18.1 3.3%
R&D costs 3.3 3.2 3.1%
EBITDA -1.0 -1.1
EBITDA margin -3.6% -4.1% 0.5%-points
EBIT -2.0 -2.2
EBIT margin -7.2% -8.2% 0.9%-points
Earnings after tax -2.5 -2.5 0.0%
Earnings per share, basic (in €) -0.13 -0.13 0.0%
Balance sheet and cash flow
Equity 115.2 117.4 -1.9%
Equity ratio 63.6% 69.4% -5.7%-points
Return on equity -2.2% -2.1% -0.1%-points
Balance sheet total 181.0 169.2 7.0%
Net cash 26.9 31.6 -14.9%
Free cash flow1 -12.9 -5.5
Further key figures
Investments 0.5 0.8 -37.5%
Investment ratio 1.8% 3.0% -1.2%-points
Depreciation 1.0 1.0 0.0%
Employees as of March 31 708 678 4.4%

1 Before consideration of purchase or sale of securities

Introduction by the Management Board 4 Investor Relations 6 Business Performance Q1 2016 9 Financial Report 10 Legal Structure 22 Financial Calendar 2016 23

Credits/Contact 23

Foreword of the Management Board

Dear Shareholders,

After a strong fourth quarter of 2015, with record order entry of EUR 79.7 million, our business activity reduced somewhat at the beginning of 2016, as expected. Certain orders that we had expected in the first quarter of 2016 were pulled in and recognized in the fourth quarter of 2015. In addition, the first quarter is seasonally moderate with respect to order entry and sales. Accordingly, order entry of EUR 30.1 million in the first quarter of 2016 was slightly higher than the prior year and in the range of our targets. In the previous year, orders of EUR 28.5 million were recorded.

After a moderate 2015, the market forecasts for the semiconductor industry are turning out to be flat in the current fiscal year. In October 2015, the Gartner analysts still expected growth of approximately 1.2 percent in the semiconductor sector to US dollar 344.1 billion in 2016. In their estimates from April 2016, industry experts from International Business Strategies (IBS) now assume an industry-wide decline of 2.1 percent to a market volume of US dollar 330.6 billion. Overall, however, a revival in the semiconductor market is expected in the second half of 2016. The semiconductor equipment market will grow slightly by approximately 1.4 percent in the 2016 fiscal year, according to estimates of the SEMI industry association. Despite the moderate business environment, SUSS MicroTec expects a significant increase in sales and earnings in the current fiscal year. Order entry in the current fiscal year has been developing according to plan so far, as customers are ramping capacity acquired in the second half of 2015. We generally expect a moderate first half of 2016 with a pick-up of business activity in the second half of the year, driven by capacity need for Advanced Packaging, MEMS, and RF device manufacturing, in line with the market expectations.

The Quarter in figures

Order entry in the first three months of the current fiscal year was EUR 30.1 million, approximately 5.6 percent above the level of the previous year's quarter. The SUSS MicroTec Group generated sales of EUR 27.6 million, slightly above the level of the previous year's quarter of EUR 26.9 million. The order backlog as of March 31, 2016, thus amounted to EUR 118.8 million (previous year: EUR 78.8 million). Earnings before interest and taxes (EBIT) of EUR -2.0 million were slightly above the EUR -2.2 million of the previous year's quarter. The basic earnings per share (EPS) were unchanged at EUR -0.13 (previous year: EUR -0.13). Free cash flow for the quarter before consideration of securities sales / purchases amounted to EUR -12.9 million (previous year's quarter: EUR -5.5 million). The main reason for the lower Free Cash Flow is the increase of the inventory level due to the high order backlog following a record order intake in Q4 2015. The net cash position amounted to EUR 26.9 million (March 31, 2015: EUR 31.6 million).

Outlook

Based on order backlog as of the end of the first quarter of 2016 and expected order entry development for the second quarter of 2016, the Management Board expects sales of approximately EUR 170 to 180 million as well as EBIT between EUR 9 million and EUR 13 million in the 2016 fiscal year.

For the second quarter of 2016, we expect order entry of EUR 30 to 40 million.

Garching, Germany, May 2016

Dr. Per-Ove Hansson Chief Executive Officer

Michael Knopp Chief Financial Officer

Walter Braun Chief Operating Officer

Investor Relations

With the publication of their spring 2016 forecast, leading German economic research institutes have lowered their economic forecasts for Germany. Although the German economy remains in a moderate upturn, the world economy has significantly cooled down as of the end of 2015 and the beginning of 2016. Poor economic news from China has led to substantial share price decreases and an increased risk awareness in the stock markets in January and February 2016. Since mid-February, the stock markets have calmed down again, but the underlying risks remain.

The DAX completed the 2015 fiscal year at a closing price of 10,743.01 points. The index ended the first quarter of 2015 at a level of 9,965.51 points. During the quarter, the leading index of the Deutsche Börse AG periodically fell short of the 9,000 point threshold.

The SUSS MicroTec Share

After a successful year for shares in 2015, the SUSS MicroTec share continued to perform well in the first quarter of 2016 and was able to increase from a closing price of EUR 7.79 at the beginning of the year by 14.8 percent to EUR 8.94 as of March 31, 2016. By contrast, the TecDAX declined in the first quarter of 2016 by 168 points (9.4 percent) from the beginning of 2016. The average daily trading volume of SUSS MicroTec shares on the German Xetra and Frankfurt stock exchanges in the first quarter of 2016 amounted to approximately 171 thousand (Q1 2015: average daily trading volume of approximately 146 thousand shares).

Since March 21, 2016, SUSS MicroTec shares are listed again in the TecDAX, the German Technology Index. For our investor relations activities this means an increased perception mainly by foreign investors.

Ownership structure as of March 31, 2016

SUSS MicroTec Share Performance in 2016

SUSS MicroTec share price on January 4, 2016: € 7.79

Business Performance Q1 2016 8
Overview 8
Orders Position and Sales by Region 8
Business Development in the Individual Divisions 9
Financial Report 10
Consolidated Statement of Income (IFRS) 10
Statement of Comprehensive Income (IFRS) 11
Consolidated Balance Sheet (IFRS) 12
Consolidated Statement of Cash Flows (IFRS) 14
Consolidated Statement of Shareholders' Equity (IFRS) 16
Segment Reporting (IFRS) 18
Selected Explanatory Notes 20
Legal Structure 22
Financial Calendar 2016 23
Credits/Contact 23

Business Performance Q1 2016

Overview

In the first quarter of the 2016 fiscal year, the Company generated order entry of € 30.1 million. As a result, order volume was approximately 5.6% above the comparable level in the previous year's quarter, but within the Company's own expectations. Sales in the first quarter reached a level of € 27.6 million after € 26.9 million in the previous year. The order backlog as of March 31, 2016 amounted to € 118.8 million (March 31, 2015: € 78.8 million).

Earnings before interest and taxes (EBIT) of € -2.0 million were slightly above the € -2.2 million of the previous year's quarter. Earnings after taxes (EAT) amounted to € -2.5 million, and also came to € -2.5 million in the previous year. The basic earnings per share (EPS) were unchanged at € -0.13 (previous year: € -0.13).

Free cash flow for the quarter before consideration of securities sales / purchases amounted to € -12.9 million (previous year's quarter: € -5.5 million). The main reason for the lower Free Cash Flow is the increase of the inventory level due to the high order backlog following a record order intake in Q4 2015. The net cash position amounted to € 26.9 million (March 31, 2015: € 31.6 million).

Orders Position and Sales by Region

Starting in the first quarter of 2016, SUSS MicroTec will no longer report the region of Japan separately due to its diminishing significance relative to other regions. Instead, its order entry and sales will be published under the Asia-Pacific region.

The Asia-Pacific region (including Japan) was able to increase its order entry significantly in comparison to the first quarter of 2015 and recorded orders of € 20.5 million after € 15.7 million in the previous year. The EMEA region reported stable order entry of € 6.3 million (previous year: € 6.2 million). Only the region of North America recorded lower order entry of € 3.3 million after € 6.6 million in the previous year's quarter.

Regional sales were lower in the Asia-Pacific and North American regions in the first quarter of 2016, by -12.7% and -31.0% over the previous year, respectively. Only the EMEA region was able to increase its sales by 25.6% from the previous year.

Order Entry by Region in € million

Business Development in the Individual Divisions

Lithography

The Lithography division comprises the development, manufacture, and sale of the Mask Aligner, Developer, and Coater product lines as well as UV projection lithography devices and laser-based micro-patterning systems. These product lines are developed and produced in Germany at the sites in Garching near Munich and Sternenfels as well as in the USA in Corona.

The Lithography division recorded a slight decrease in order entry and a small increase in sales in the first three months of the 2016 fiscal year. Order entry decreased from € 22.7 million in the first quarter of 2015 to € 22.2 million in the first quarter of 2016. Sales developed positively, rising from € 17.4 million to € 22.2 million. The division earnings increased accordingly from € -1.0 million to € 0.7 million.

Photomask Equipment

The Photomask Equipment division, which is located at the Sternenfels site, comprises the development, manufacture, and sale of specialized tools for the cleaning and processing of photomasks for the semiconductor industry. Among the markets targeted by the Photomask Equipment division is the semiconductor industry, where SUSS MicroTec is active on the front-end.

In the first quarter of 2016, the Photomask Equipment division recorded order entry of € 4.1 million (Q1 2015: € 3.5 million) and lower division sales of € 1.7 million (Q1 2015: € 5.4 million). Division earnings declined to € -0.7 million in the first quarter of 2016 (Q1 2015: € 0.3 million).

Lithography Division Overview

in € million Q1 2016 Q1 2015
Order entry 22.2 22.7
Division sales 22.2 17.4
Division earnings 0.7 -1.0
Net assets 59.4 53.7

Substrate Bonder

The Substrate Bonder division comprises the development, production, and sale of the Substrate (Wafer) Bonder product line and is located at our site in Sternenfels (Germany).

In the first quarter of the new fiscal year, the Substrate Bonder division recorded a slight increase in order entry of € 0.7 million to € 1.0 million. By contrast, sales of € 1.6 million declined in the first quarter of 2016 from € 2.1 million in the previous year's quarter. Division earnings remained unchanged from the previous year at € -1.1 million.

Substrate Bonder Division Overview

in € million Q1 2016 Q1 2015
Order entry 1.0 0.7
Division sales 1.6 2.1
Division earnings -1.1 -1.1
Net assets 7.2 7.7

Photomask Equipment Division Overview

in € million Q1 2016 Q1 2015
Order entry 4.1 3.5
Division sales 1.7 5.4
Division earnings -0.7 0.3
Net assets 4.6 5.9

Others

The Others division comprises Micro-optics activities at the Hauterive, Switzerland, location and costs for central Group functions that generally cannot be attributed to the main divisions.

Order entry of € 2.8 million increased significantly from the previous year's quarter. Sales increased slightly to € 2.1 million (Q1 2015: € 2.0 million). Division earnings of € -0.8 million were below the level of the first quarter of 2015 of € -0.3 million.

Others Division Overview

in € million Q1 2016 Q1 2015
Order entry 2.8 1.6
Division sales 2.1 2.0
Division earnings -0.8 -0.3
Net assets 20.3 20.6

Financial Report

of SUSS MicroTec AG

Consolidated Statement of Income (IFRS)

in € thousand 01/01/2016 – 03/31/2016 01/01/2015 – 03/31/2015
Sales 27,612 26,947
Cost of sales -18,743 -18,148
Gross profit 8,869 8,799
Selling costs -4,477 -4,021
Research and development costs -3,298 -3,173
Administration costs -3,442 -3,394
Other operating income 1,127 1,556
Other operating expenses -739 -1,938
Analysis of net income from operations (EBIT):
EBITDA (Earnings before interest and taxes,
depreciation and amortization)
-975 -1,142
Depreciation and amortization of tangible assets,
intangible assets and financial assets
-985 -1,029
Net income from operations (EBIT) -1,960 -2,171
Financial income 34 117
Financial expenses -528 -175
Financial result -494 -58
Profit/loss before taxes -2,454 -2,229
Income taxes -52 -278
Net profit/loss -2,506 -2,507
thereof equity holders of SUSS MicroTec AG -2,506 -2,507
thereof non-controlling interests 0 0
Earnings per share (basic)
Earnings per share in € -0.13 -0.13
Earnings per share (diluted)
Earnings per share in € -0.13 -0.13

Statement of Comprehensive Income (IFRS)

in € thousand 01/01/2016 – 03/31/2016 01/01/2015 – 03/31/2015
Net profit/loss -2,506 -2,507
Items that will not be reclassified to profit and loss
Remeasurements on defined benefit pension plans 0 0
Deferred taxes 0 0
Other comprehensive income after tax for items that
will not be reclassified to profit and loss
0 0
Items that will be reclassified to profit and loss in later periods
Fair value fluctuations of available-for-sale securities 0 -8
Foreign currency adjustment -1,343 3,798
Cash flow hedges 410 6
Deferred taxes -115 0
Other comprehensive income after tax for items that will be
reclassified to profit and loss in later periods
-1,048 3,796
Total income and expenses recognized in equity -1,048 3,796
Total income and expenses reported in the reporting period -3,554 1,289
thereof equity holders of SUSS MicroTec AG -3,554 1,289
thereof non-controlling interests 0 0

Consolidated Balance Sheet (IFRS)

Assets in € thousand 03/31/2016 12/31/2015
Noncurrent assets 42,682 43,402
Intangible assets 3,909 4,266
Goodwill 15,679 15,772
Tangible assets 19,980 20,263
Tax refund claims 37 37
Other assets 599 611
Deferred tax assets 2,478 2,453
Current assets 138,355 133,804
Inventories 87,161 68,719
Trade receivables 11,111 13,093
Other financial assets 268 221
Securities 11,974 0
Tax refund claims 539 414
Cash and cash equivalents 23,822 49,085
Other assets 3,480 2,272
Total assets 181,037 177,206
Liabilities&Shareholders' Equity in € thousand 03/31/2016 12/31/2015
Equity 115,186 118,740
Total equity attributable to shareholders of SUSS MicroTec AG 115,186 118,740
Subscribed capital 19,116 19,116
Reserves 96,303 98,809
Accumulated other comprehensive income -233 815
Noncurrent liabilities 9,445 13,108
Pension plans and similar commitments 5,188 5,144
Provisions 7 11
Financial debt 4,250 7,920
Other financial liabilities 0 33
Current liabilities 56,406 45,358
Provisions 2,153 2,362
Tax liabilities 2,761 3,327
Financial debt 4,606 1,186
Other financial liabilities 5,123 6,545
Trade payables 7,273 8,472
Other liabilities 34,490 23,466
Total liabilities and shareholders' equity 181,037 177,206

Consolidated Statement of Cash Flows (IFRS)

in € thousand 01/01/2016 – 03/31/2016 01/01/2015 – 03/31/2015
Net profit/loss (after taxes) -2,506 -2,507
Amortization of intangible assets 311 337
Depreciation of tangible assets 673 692
Change of reserves on inventories -266 2,125
Change of reserves for bad debts 127 23
Other non-cash effective income and expenses 259 889
Change in inventories -19,006 -8,890
Change in trade receivables 1,580 4,517
Change in other assets -1,243 -1,372
Change in pension provisions 44 286
Change in trade payables -1,043 2,081
Change in down payments received 11,344 -1,499
Change in other liabilities and other provisions -1,940 -1,797
Change of tax assets and tax liabilities -716 377
Cash flow from operating activities -12,382 -4,738
in € thousand 01/01/2016 – 03/31/2016 01/01/2015 – 03/31/2015
Disbursements for tangible assets -490 -453
Disbursements for intangible assets -26 -298
Purchases of current securities -11,974 -33,529
Cash flow from investing activities -12,490 -34,280
Repayment of bank loans -250 -250
Change in current bank liabilities 0 4
Cash flow from financing activities -250 -246
Adjustments to funds caused by exchange rate fluctuations -141 -919
Change in cash and cash equivalents -25,263 -40,183
Funds at the beginning of the year 49,085 47,309
Funds at the end of the period 23,822 7,126
Cash flow from operating activities includes:
Interest paid during the period 88 98
Interest received during the period 15 31
Tax paid during the period 828 144
Tax refunds during the period 1 274

Consolidated Statement of Shareholders' Equity (IFRS)

in € thousand Subscribed
capital
Additional
paid-in capital
Earnings
reserve
Retained
earnings
As of January 1, 2015 19,116 97,614 433 537
Net income /loss -2,507
Total income and expenses recognized in equity
Total comprehensive income /loss -2,507
As of March 31, 2015 19,116 97,614 433 -1,970
As of January 1, 2016 19,116 97,614 433 762
Net income /loss -2,506
Total income and expenses recognized in equity
Total comprehensive income /loss -2,506
As of March 31, 2016 19,116 97,614 433 -1,744
Equity Non-controlling
interests
Total equity
attributable to
shareholders of
SUSS MicroTec AG
Accumulated other comprehensive income
Items that will be reclassified to profit and loss in later periods Items that will not be
reclassified to profit and loss
Deferred
taxes
Fair value
fluctuations of
available-for-sale
securities
Cash flow
hedges
Foreign
currency
adjustment
Deferred
taxes
Remeasure
ments on
defined benefit
pension plans
116,070 0 116,070 133 11 -486 493 532 -2,313
-2,507 -2,507
3,796 3,796 0 -8 6 3,798 0 0
1,289 0 1,289 0 -8 6 3,798 0 0
117,359 0 117,359 133 3 -480 4,291 532 -2,313
118,740 0 118,740 115 0 -410 3,258 697 -2,845
-2,506 -2,506
-1,048 -1,048 -115 0 410 -1,343 0 0
-3,554 0 -3,554 -115 0 410 -1,343 0 0
115,186 0 115,186 0 0 0 1,915 697 -2,845

Segment Reporting (IFRS)

The Segment Reporting is part of the notes to the consolidated financial statements.

Segment Information by Business Segment

Lithography Substrate Bonder
in € thousand 3M/ 2016 3M/ 2015 3M/ 2016 3M/ 2015
External Sales 22,210 17,436 1,570 2,149
Internal Sales 0 0 0 0
Total sales 22,210 17,436 1,570 2,149
Result per segment (EBIT) 656 -1,044 -1,120 -1,079
Income before taxes 646 -1,050 -1,121 -1,079
Significant non-cash items 371 -1,294 -140 -270
Segment assets 95,699 73,721 10,242 10,498
thereof goodwill 15,679 15,802 0 0
Unallocated assets
Total assets
Segment liabilities -36,349 -20,048 -3,000 -2,833
Unallocated liabilities
Total liabilities
Depreciation and amortization 407 482 66 71
thereof scheduled 407 482 66 71
thereof impairment loss 0 0 0 0
Capital expenditure 345 248 35 30
Workforce on March 31 457 428 87 96

Segment Information by Region

Sales Capital expenditure Assets (without goodwill)
in € thousand 3M/ 2016 3M/ 2015 3M/ 2016 3M/ 2015 3M/ 2016 3M/ 2015
EMEA 15,699 12,495 335 670 90,655 78,454
North America 2,665 3,864 164 67 26,435 20,369
Asia and Pacific 9,248 10,588 18 14 5,390 5,349
Consolidation effects 0 0 0 0 -320 -549
Total 27,612 26,947 517 751 122,160 103,623
Total Consolidation effects Others Photomask Equipment
3M/ 2015 3M/ 2016 3M/ 2015 3M/ 2016 3M/ 2015 3M/ 2016 3M/ 2015 3M/ 2016
26,947 27,612 1,967 2,090 5,395 1,742
0 0 -1,230 -1,616 1,230 1,616 0 0
26,947 27,612 -1,230 -1,616 3,197 3,706 5,395 1,742
-2,171 -1,960 -322 -771 274 -725
-2,229 -2,454 -373 -1,254 273 -725
-1,690 110 -100 -170 -26 49
119,425 137,839 22,276 22,100 12,930 9,798
15,802 15,679 0 0 0 0
49,798 43,198
169,223 181,037
-31,588 -46,287 -1,658 -1,753 -7,049 -5,185
-20,276 -19,564
-51,864 -65,851
1,029 985 430 474 46 38
1,029 985 430 474 46 38
0 0 0 0 0
751 517 464 123 9 14
678 708 54 61 100 103

Selected Explanatory Notes to the Interim Report

of SUSS MicroTec AG as of March 31, 2016

(1) General Accounting Policies

The consolidated financial statements of SUSS MicroTec AG as of December 31, 2015, have been prepared in accordance with the International Financial Reporting Standards (IFRS) applied by the International Accounting Standards Board (IASB) as of the closing date. The consolidated interim financial statements as of March 31, 2016, which were prepared on the basis of International Accounting Standards (IAS) 34 "Interim Financial Reporting," do not contain all of the necessary information as required for the preparation of the Annual Report and should be read in conjunction with the consolidated financial statements of SUSS MicroTec AG as of December 31, 2015. In the interim financial statements as of March 31, 2016, the same accounting methods were applied as in the consolidated financial statements for the 2015 fiscal year.

All of the interpretations of the International Financial Reporting Interpretations Committee (IFRIC) in effect as of March 31, 2016 have been applied.

For additional information about specific accounting and measurement methods, please see the consolidated financial statements of SUSS MicroTec AG as of December 31, 2015.

The Group auditor has neither audited nor reviewed the interim financial statements.

(2) Changes in the Scope of Consolidation

The consolidated financial statements include the financial statements of SUSS MicroTec AG and of all material companies over which, independent of the level of its participatory investment, the proprietary company can exercise control (i.e., the control principle).

Compared with the consolidated financial statements as of December 31, 2015, there were no changes to the scope of consolidation.

(3) Mandatory Disclosures

SUSS MicroTec has recalled the bank loan for financing the Sternenfels property in March 2016. The outstanding repayment amount of € 3,600 thousand will be paid by June 30, 2016. The loan agreement carries a variable interest rate secured via an interest rate swap with a matching term. The interest rate swap is subject to market changes, which were represented using hedge accounting under accumulated other comprehensive income up until December 31, 2015. With the recall of the bank loan, the hedging relationship between the loan and the interest rate swap was canceled. Therefore, as of March 31, 2016, the whole negative fair value of the interest rate swap, amounting to € 426 thousand, has been recognized directly in profit or loss under financial expense. Other issues influencing assets, liabilities, shareholders' equity, the result for the period, or cash flows and unusual in terms of their nature, magnitude, or frequency did not arise during the interim reporting period.

(4) Change in Presentation

SUSS MicroTec will no longer report the region of Japan separately due to its diminishing significance relative to other regions. This begins with the first quarter of 2016. Sales generated in Japan, capital expenditure invested there, and assets in Japan will, from now on, be summarized under the Asia-Pacific region.

No further changes in presentation have been made; the presentation of the consolidated financial statements of SUSS MicroTec AG as of March 31, 2016, is analogous to the presentation as of December 31, 2015.

(5) Changes in Estimates

To the extent that estimates were made in the interim reports, the methodology underlying the estimates remained fundamentally the same during the fiscal year and in comparison to the previous fiscal year.

In a departure from the approach used at the end of the fiscal year, income tax expense in each interim reporting period is recorded on the basis of the best estimate of the weighted average annual income tax rate that is expected for the entire fiscal year.

SUSS MicroTec AG currently assumes that the annual income tax rate will deviate from the expected tax rate of approximately 28%. The primary reason for this is that the losses accrued by foreign subsidiaries cannot be capitalized.

Otherwise there are no changes requiring disclosure that would have a material impact on the current interim reporting period.

(6) Bonds and Equity Securities

During the reporting period, no issuances, repurchases, or repayments occurred involving either bonds or other equity securities.

(7) Dividends Paid

During the reporting period, no dividend was distributed nor was such a distribution proposed.

(8) Significant Events After the End of the Interim Reporting Period

No material events occurred after the end of the interim reporting period.

(9) Contingent Liabilities and Receivables

There are no contingent receivables. There were no substantial changes in contingent liabilities since the previous reporting date of December 31, 2015.

(10) Earnings per Share

Basic earnings per share are calculated by dividing the net profit or loss for the period (net of minority interests) by the average number of shares.

In order to calculate diluted earnings per share, the profit or loss for the period attributable to shareholders (net of minority interests) and the weighted average of outstanding shares are adjusted for the impact of all potential dilutive shares.

The following table shows the calculation of the basic and diluted earnings per share:

in € thousand 3M/ 2016 3M/ 2015
Profit/ Loss, which accrues to
shareholders of SUSS MicroTec AG
-2,506 -2,507
Weighted average number of
outstanding shares
19,115,538 19,115,538
Effect of the (potential) exercise of stock
options (number of options)
0 0
Adjusted weighted average number of
outstanding shares
19,115,538 19,115,538
Earnings per share in € – basic – -0.13 -0.13
Earnings per share in € – diluted – -0.13 -0.13

of SUSS MicroTec Group

SUSS MicroTec AG, GARCHING (GER)

Production Sales Other/ Non-operating

Financial Calendar 2016

Annual General Meeting 2016, Munich June 15
Interim Report 2016 August 5
Nine-Month Report 2016 November 9

CREDITS

Published by SUSS MicroTec AG Edited Finance, Julia Natterer

CONTACT

SUSS MicroTec AG Schleißheimer Straße 90 85748 Garching, Germany Phone: +49 (0)89-32007-0 Email: [email protected]

Investor Relations Phone: +49 (0)89-32007-161 Email: [email protected]

Investor Relations, Franka Schielke Concept and design Whitepark GmbH & Co., Hamburg Photos SUSS MicroTec AG, Marek Vogel Translation EnglishBusiness AG, Hamburg

Forward-looking statements: These reports contain forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based oncurrent plans, estimates, and projections,and should be understood as such. Forwardlooking statements speak only as of the date they are made, and we undertake no obligation to update any of them in light of new information or future events. Forward-looking statements involve inherent risks and uncertainties. We caution readers that a number of important factors could cause actual results or outcomes to differ materially from those expressed in any forward-looking statement.

SUSS MicroTec AG Schleißheimer Straße 90 85748 Garching, Germany Phone: +49 (0)89-32007-0 Email: [email protected]

www.suss.com

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