First Sensor AG — Audit Report / Information 2014

Mar 26, 2015

WE ENGINEER THE FUTURE

PRESENTATION OF THE FINANCIAL YEAR 2014

Together developing the products of tomorrow

VISION Our innovation and excellence are your success.

• Leading provider of certified topquality sensor technology
• Development and production of standardized and tailor-made sensor solutions
• Applications in the industrial, medical and mobility growth markets

POSITIONING We have 750 employees worldwide.

• Headquarters in Berlin
• Six German locations
• Sales and production locations in the USA, Canada, Singapore, the UK, France, Sweden, Denmark and the Netherlands
• Global sales partner network

PRODUCT PORTFOLIO We cover the entire value chain for sensor technology.

• Product portfolio ranging from wafers and individual sensor components to conventional sensors and smart sensor systems
• Technological expertise to innovatively combine the properties of materials and components in sophisticated processes

CORPORATE STRUCTURE We are organized in three business units.

	First Sensor 6
Industrial	Medical	Mobility
	SALES
	COMPETENCE CENTER PRODUCTION
	COMPETENCE CENTER DEVELOPMENT

• Three business units for greater market orientation and customer focus
• Focus on the industrial, medical and mobility growth markets
• Two competence centers for development and production
• Comprehensive sales organization

Innovative solutions for the automation of industry

Reliable technology whenever it is needed

New ideas for intelligent mobility

KEY FIGURES

FISCAL YEAR 2014 AT A GLANCE

Improvement of 1.4 percentage points.

124.0 MILLION EURO Sales revenues Increase of 14.2% year-on-year. 13.5 MILLION EURO EBITDA Improvement of more than 17%. 139.3 MILLION EURO Incoming orders Increase of 14.7%. 49.7 Equity ratio

%

FIRST SENSOR CLEARLY ON A PATH OF GROWTH Development of sales since IPO in € million

Sales distribution by segment in € million STRONGEST GROWTH: BU MOBILITY

Sales distribution by region in € million STRONGEST MARKETS: GERMANY & EUROPE

EBITDA IMPROVES BY MORE THAN 17% Development of EBITDA in € million

INCOMING ORDERS UP 14.7% Book-to-bill ratio 1.12

LOWER DEBT, HIGHER FREE CASH FLOW Achievement of investment grade

Net debt in € million

Free cash flow in € million

2014 ANNUAL FINANCIAL STATEMENTS 2014 income statement

in $\epsilon$ million	Actual 12M 2014	Actual 12M 2013	Δ Actual-PY
Sales revenues	124.0	108.5	14.2%
Gross profit	68.4	62.1	10.1%
Gross margin (%)	51.3	53.9	$-2.6$
Personnel expenses	$-39.4$	$-36.6$	7.7%
Other operating expenses	$-15.0$	$-13.9$	7.3%
EBITDA	13.5	11.6	17.1%
EBITDA margin(%)	10.8	10.6	0.2
EBIT	4.1	2.7	48.4%
EBIT margin (%)	3.2	2.5	0.7

2014 ANNUAL FINANCIAL STATEMENTS 2014 balance sheet - assets

ASSETS
	Actual	Actual	Δ
in $\epsilon$ million	Dez 14	$Dez$ 13	Actual-PY
Intangible assets	19.1	21.9	$-12.7%$
Internally-generated intangible assets	3.5	4.0	$-11.7%$
Goodwill	29.8	29.8	$0.0\%$
Property, plant and equipment	36.4	37.5	$-3.0\%$
Total non-current assets	88.8	93.1	$-4.7%$
Inventories	29.9	29.8	0.3%
Trade accounts receivables	8.1	6.6	30.9%
Other current assets	3.1	4.1	$-24.4%$
Cash and cash equivalents	14.5	11.4	27.9%
Total current assets	56.6	51.8	9.3%
TOTAL ASSETS	144.9	144.9	$0.0\%$

2014 ANNUAL FINANCIAL STATEMENTS 2014 balance sheet – equity and liabilities

	Ist	IST	Δ
	Dez 14	Dez 13	Actual-PY
Equity	72.0	70.0	2.9%
Long-term loans, excluding current portion	41.2	42.9	$-4.1%$
Other non-current liabilities	10.4	11.5	$-9.6%$
Total non-current liabilities	51.6	54.4	$-5.2%$
Other current provisions	2.7	1.8	50.0%
Short-term loans&current portion of long-term loans	3.1	4.2	$-27.1%$
Payments received on account of orders	0.5	0.9	$-41.4%$
Trade accounts payables	8.2	7.7	6.5%
Other current liabilities	6.8	5.8	17.4%
Total current liabilities	21.9	20.5	6.6%
TOTAL EQUITY AND LIABILITIES	144.9	144.9	0.0%

2014 ANNUAL FINANCIAL STATEMENTS 2014 cash flow statement

in $\epsilon$ milliom	12M 2014	12M 2013	Λ
Cash flow from operating activities	12.2	13.1	$-6.8%$
Cash flow from investment activities	$-4.6$	$-7.1$	$-35.1%$
Free cash flow	7.5	5.9	27.3%
Cash flow from financing activities	$-4.4$	$-6.7$	$-34.3%$
Cash and cash equivalents at the begin	11.4	12.2	$-6.9%$
Changes	4.6	$-4.2$	$-208.4%$
Cash and cash equivalents at the end o	14.5	11.4	27.9%

THE SHARE

FIRST SENSOR SHARE PRICE PERFORMANCE 01.01.2013 – 31.12.2014

OVERVIEW OF SHAREHOLDER STRUCTURE As of 31.12.2014

Freefloat

• FS Technology Holding S.à.r.l.
• DAH Beteiligungs GmbH
• Lampe Beteiligungsgesellschaft

Midlin NV

FINANCIAL CALENDAR FOR 2015

Date	Feature
May 12, 2015	Publication of consolidated quarterly financial report as at March 31, 2015
May 28, 2015	Annual General Meeting
Aug. 13, 2015	Publication of consolidated interim financial report as at June 30, 2015
Nov. 12, 2015	Publication of consolidated quarterly financial report as at September 30, 2015
Nov. 23-25, 2015	Analysts' conference / German Equity Forum 2015

OUTLOOK FOR 2015

GUIDANCE FOR 2015 We will continue to grow.

We will grow along the value chain. GROWTH STRATEGY OF FIRST SENSOR AG

Integration

We will expand sales in growth regions. GROWTH STRATEGY OF FIRST SENSOR AG

We will focus on growing markets. GROWTH STRATEGY OF INDUSTRIAL BU

Hydraulic Pneumatic Unmanned transportation systems

Filter control measurement

Process Instrumentation

Pressure detection Level detection Networking of sensors Recording and controlling

We will extend on our core segments. GROWTH STRATEGY OF MEDICAL BU

We will break into the market segment of smart cars. GROWTH STRATEGY OF MOBILITY BU

Adaptive cruise control (ACC) Speed control Distance detection Blind spot assist systems Pedestrian recognition Tank leak detection

Park control Lane keeping assist Traffic sign recognition Sun and rain detection Automatic start-stop systems Connected cars

THANK YOU FOR LISTENING

Disclaimer

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.