Infineon Technologies AG

Investor Presentation • Aug 28, 2013

Commerzbank Sector Conference Week Frankfurt, 28 August 2013

Ulrich Pelzer Corporate Vice President Finance, Treasury & Investor Relations

Overview

Growth Drivers

Financials and Outlook

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.

Revenue Split by Division

Q3 FY 2013 revenue: EUR 1,022m

Revenue above EUR 1bn; Segment Result Margin Back above 10%

		[EUR m]	Q3 FY12	Q2 FY13	Q3 FY13
		Revenue	990	918	1,022
		Segment Result	126	68	117
		SR Margin	12.7%	7.4%	11.4%
	[EUR m] 1022 117	Net Income*	82	33	77
918		Investment	158	65	71
68		FCF from cont. operations	-22	73	135
Q2 FY13	Q3 FY13	Gross Cash	2,150	2,016	2,137
Revenue Segment Result		Net Cash	1,907	1,705	1,832

* Net Income includes "income/loss from discont. operations, net of income taxes" in Q3 FY12 EUR -8m, in Q2 FY13 EUR -3m and in Q3 FY13 -5m.

Tight Customer Relationships are Based on System Know-how and App Understanding

Distributors

Infineon Holds Top Positions in All Target Markets

Calendar year 2012. Source: Strategy Analytics, April 2013. Calendar year 2011.

Source: IMS Research (an IHS company), July 2012.

2013-08-28 Copyright © Infineon Technologies AG 2013. All rights reserved. Page 6

Calendar year 2011.

August 2012.

Source: IMS Research (an IHS company),

Overview

Growth Drivers

Financials and Outlook

Despite Europe, Global Car Production Up in 2013; Long-Term Prospects Still Healthy

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

Semi Content Per Car Continues to Increase

Source: Strategy Analytics (SA): "Automotive Semiconductor Demand Forecast 2011 – 2020", July 2013; including semiconductor sensors.

* Safety = "Safety" + "Chassis" according to SA definition.

** Body = "Body" + "Security" according to SA definition.

Growth in Motor Controls Driven by Energy Saving, Government Initiatives and Legislation

Source: IHS (IMS Research): "The World Market for Industrial Automation Equipment – July 2013 Update", July 2013.

Growth in Servers Compensates Slowdown in PCs and Notebooks

Source: Gartner: "Desktop-Based PCs, Notebooks, Ultramobiles and Tablets, Worldwide: 2011 – 2017", 2Q13 Update, July 2013.

Source: Gartner: "Forecast: Servers, All Countries, 2011 – 2017", 2Q13 Update, July 2013.

Our Business With RF Components, Si-Mics and Power Semis Fuelled by Mobile Devices

The chart was created by Infineon based on Gartner research. Source: Gartner: "Forecast: Desk-based PCs, Notebooks, Ultramobiles, and Tablets, Worldwide, 2011 – 2017", 2Q13 Update, July 2013.

* Including Utility Tablets, Basic Tablets and Premium Tablets.

Source: Strategy Analytics: "Global Smartphone Sales Forecast for 88 Countries: 2007 to 2017", July 2013.

Overview

Growth Drivers

Financials and Outlook

Return to Year-on-Year-Growth and > 10% Segment Result Margin

Record Sales in ATV; IPC Returned to More Normal Levels; Nice Margin Recovery in PMM

Investments Average ~15% of Sales Over a Cycle

* Total investments (FY09 – FY13): €2.597m. Total sales (FY09 – FY13): €17.230m.

Guidance for Q4 FY13 and FY 2013

Financial Calendar

Date	Location	Event
03 – 04 Sep 2013	London	Deutsche Bank European TMT Conference
18 Sep 2013		Conference Call by Jochen Hanebeck Division President, Automotive
24 Sep 2013	Munich	Berenberg Bank and Goldman Sachs German Corporate Conference
25 Sep 2013	Munich	Baader Investment Conference
12 Nov 2013*		Q4 FY13 and FY 2013 Results
18 – 19 Nov 2013	London	Company Roadshow including presentation by Andreas Urschitz Division President, Power Management & Multimarket
20 – 21 Nov 2013	Barcelona	Morgan Stanley TMT Conference
03 – 04 Dec 2013	Scottsdale, AZ	Credit Suisse Technology Conference

* provisional

Institutional Investor Relations Contact

	Ulrich Pelzer Corporate Vice President Finance, Treasury & Investor Relations	 +49 89 234-26153  ulrich.pelzer@infineon.com
	Joachim Binder Senior Director Investor Relations	 +49 89 234-25649  joachim.binder@infineon.com
	Holger Schmidt Manager Investor Relations	 +49 89 234-22332  holger.schmidt@infineon.com
31 July 2012	Bernard Wang Manager Investor Relations Copyright © Infineon Technologies 2012. All rights reserved.	 +49 89 234-22669  bernard.wang@infineon.com Page 20