Infineon Technologies AG

Investor Presentation • Sep 18, 2013

18 September 2013 Investor and Analyst Call

Jochen Hanebeck Division President Automotive (ATV)

ATV Segment Overview

Market Growth Drivers

High-growth Applications and Infineon's Offering

Summary

Disclaimer:

This presentation contains forward-looking statements about the business, financial condition and earnings performance of the Infineon Group.

These statements are based on assumptions and projections resting upon currently available information and present estimates. They are subject to a multitude of uncertainties and risks. Actual business development may therefore differ materially from what has been expected.

Beyond disclosure requirements stipulated by law, Infineon does not undertake any obligation to update forward-looking statements.

* Based on Q4 guidance, as of 30 July 2013

Consistent annual revenue growth, driven by China, Korea and US recovery. Margin compression driven by cost of investment in capacity and higher OpEx.

7.18 7.18 Top Customers and Distributors; Revenue Split By Region

Infineon Is the Global #2, and First-time #1 in APAC

World	Europe		APAC & others*
(\$23.90bn)	(\$8.04bn)		(\$5.70bn)
1. Renesas 14.2% 2. Infineon 9.1% 3. STMicro 7.9% 4. Freescale 7.0% 5. NXP 6.3% 6. Bosch 5.7% 7. TI 5.7%	1. Infineon 2. Bosch 3. STMicro 4. TI 5. Renesas 6. NXP 7. Freescale	13.0% 11.3% 10.0% 8.4% 7.8% 7.6% 7.4%	1. 2. 3. 4. NXP 5. 6. TI 7.	Infineon 9.4% STMicro 9.4% Renesas 9.0% 8.4% Freescale 7.4% 3.1% Toshiba 3.0%
North America	Japan	China		Korea
(\$4.49bn)	(\$5.66bn)	(\$2.82bn)		(\$1.81bn)
1.Freescale 12.5% 2.Infineon 8.4% 3.Renesas 8.2% 4.STMicro 8.1% 5.TI 7.4%	1.Renesas 33.3% 2.Toshiba 13.0% 3.Fujitsu 4.5% 4.Sanken 3.9% 5.Infineon 3.7%	1.NXP 2.STMicro 3.Renesas 4.Freescale 5.Infineon	10.5% 10.0% 9.5% 9.2% 7.0%	1.Infineon 13.7% 2.STMicro 6.8% 3.Freescale 6.7% 4.NXP 5.6% 5.Bosch 3.9%

Source: Strategy Analytics, April 2013. * According to Strategy Analytics this ranking also includes Russia, India, South America and further countries.

ATV Offers a Complete Product Portfolio: Sensors, MCU and Power

* Based on revenues from FY12.

** Power semiconductors include discretes, power ICs and power modules.

ATV Focuses on Powertrain, Safety and Body Applications

* Based on revenues from FY12.

ATV Segment Overview

Market Growth Drivers

High-growth Applications and Infineon's Offering

Summary

China and Asia-Pacific to Account for Majority of Car Production Growth

Source: IHS, August 2013. www.ihs.com.

Semiconductor Value Per Car Increasingly Driven by Emerging Countries

2011 – 2020", July 2013; including semiconductor sensors. ** Body = "Body" + "Security" according to SA definition.

ATV Segment Overview

Market Growth Drivers

High-growth Applications and Infineon's Offering

Summary

Semiconductors Are Indispensable in Reaching CO² Emissions Targets

Sources: Infineon estimates, Strategy Analytics (SA): "Automotive Semiconductor Demand Forecast 2011 – 2020", July 2013; including semiconductor sensors. All figures based on European production.

Source: The International Council for Clean Transportation

[2] US light-duty vehicles include light-commercial vehicles.

Further CO² Reduction Possible Through Smart Electrification of Pumps and Motors

Hybridization or 48V Are Enablers to Reach European CO² Targets for 2020

Forecasted CO² reduction potential for EU cars

Sources: Institut für Kraftfahrzeuge - RWTH Aachen, December 2012, Infineon estimates

Advanced Safety Systems to Drive Growth for Infineon's HF Radar Products

Infineon Is the Right Partner for Addressing Security in Automotive

Infineon Microcontrollers Enable Customers to Differentiate

8-bit Microcontroller Replacement XMC1000: 32-bit Performance for 25 Cents

ATV Segment Overview

Market Growth Drivers

High-growth Applications and Infineon's Offering

Summary

7.18 7.18 Summary

Automotive commitment:

• 2 in Automotive globally first time #1 in APAC.

• Consistent revenue growth and profitability since the 1990s.

Growth drivers:

• Compound annual car production growth of ~4%.
• Compound annual semiconductor content growth of ~2%.
• CO² reduction, Advanced Safety and Security.

Differentiators:

• Innovative products and technologies for e.g. electric motor drives, efficient alternators, xEV, ADAS and Security.
• Application-optimized automotive and industrial MCUs.
• System know-how, quality excellence and a broad customer base.