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P.C.B. Technologies Ltd. — Investor Presentation 2024
Nov 17, 2024
6971_rns_2024-11-17_46ca25ea-c3f7-40d0-ab20-e97b023b7fa3.pdf
Investor Presentation
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PCB All-in-One Solutions
Q3 2024
Company Presentation
November 2024



Forward looking statement
Disclaimer
The information contained herein is a summary only, and does not exhaust all the Any forward-looking information is based on current estimates and assumptions, among information about the Company or its operations, nor does it replace a review of the others, by the Company's management, which, although Company believes are Company's Periodical or Annual Reports, or any other information which is filed and reasonable, are inherently uncertain and are partially based on subjective estimates. furnished with the Israel Securities Authority. The realization or non-realization of the forward-looking information will be affected and
This presentation does not constitute or form part of any invitation or offer to invest or and achievements of the Company in the future may be materially different from those purchase the Company's securities, and in particular does not constitute an "offer to the presented in the forward-looking information presented in this presentation. public" or "sale to the public" of any kind. This presentation is intended solely for the The Company does not undertake to update or change such a forecast or estimate in provision of information included in it, and does not constitute a recommendation, or an order to reflect events and/or reasons that will apply after the date of this presentation opinion, or a substitute for the judgment of an investor for any kind of decision. and does not undertake to update this presentation. Furthermore, it does not pretend to include all the information that may be relevant for the purpose of making any decision regarding the investment in the Company's securities or in general.
This presentation may include forward-looking information as defined in the Securities Law, 1968, including forecasts, goals, business strategy, evaluations and estimates, regarding both the Company's activities and the markets in which it operates, as well as any other information, in any form in which it is presented, that relates to future events or matters, the realization of which is uncertain and is not under the Company's control.
depended on a variety of factors including the risk factors which are inherent to the Material information regarding the Company which is included in this slide presentation Company's activity, third party decisions, including regulatory authorities and has been published to the public in the past as part of the Company's reporting. That engagements with third parties, as well as by developments in the economic said, the information or data presented may be presented in a different manner and/or environment and the external factors which impact the Company's activity, which segmentation from those previously furnished in the Company's Reports. cannot be assessed in advance and are out of the Company's control. Actual results

PCB TECHNOLOGIES at a Glance
Providing All-in-One, Cutting-Edge Hardware Electronics Technology
HQ is in Israel of employees.
Legacy: Innovation:
Since 1981 Strong R&D and Engineering Team -15% 720 employees New Products - 25% of Total Revenue +100 customers programs
Diversified Customer Base: Performance (Q3-2022->Q3-2024): (2023)
CAGR TTM GP: 26.8% 31% Medical
LTM Revenue– 147 M\$ 35% Defense and Aerospace CAGR sales (last 12 months trialing): 8.9% 34% Industrial Instruments CAGR TTM EBITDA: 34.4%
Market Opportunity Growth Value Proposition: CAGR% 2024-2030: One Site, One Solution: Bridging
Defense and Aerospace 5.1%-8.5% PCB Fabrication, IC Packaging, Industrial Instruments 3%-7.3% and Final Product Integration Medical 3% -6.3%
Assembly and final product
Organic Substrates
Advanced IC Packaging
Sources: Yole, Mordor Intelligence
PCB Printed Circuit Board
Company History


Corporate Structure

PCB Technologies
Publicly Listed

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iNPACK Technologies (100% owned) AMS Electronic Assembly (100% owned)
High-End Technologies
PCB Technologies Ltd. solutions enabling the most advanced electronics applications & technologies

- powerful systems. precision and reliability for every
- electronics application. Substrate design & manufacturing enabling high-performance solutions for analog, digital and high power.


• Printed circuit boards designed to support • Complete design & manufacturing solution • Comprehensive solutions from subthe most complex, high-density and for the semiconductor industry. assemblies to the final product, delivering
PCBs & Substrates IC Packaging PCBA & Final Product (Circuits Division) (iNPACK Division) (Assembly Division)

… to enable High-End Applications
PCB Technologies Ltd. solutions enabling the most advanced electronics applications & technologies



Defense Medical Radar ADAS Drones Medical

PCBs & Substrates IC Packaging PCBA + Final Product
Industrial Instruments Aerospace RF Communication Medical (Miniaturization) Aggrotech Defense





Providing Solutions for Leading Defense & Aerospace Programs

Optical Seeker - Navigation system Radar System Missile Program Antennas


Eitan APC - Iron DOME - Arrow 3 -

OVER 100 PROGRAMS:
Providing PCB Solutions:
- High Frequency
- High Reliability
- High Power
Performance, durability & long life, even in harsh conditions, serving:
- Top Tactical OEMs
- Military Branches & Intl. Ministries of Defense F35 - Active Protection - Aircraft Program
- Commercial Space Applications & more Communication System Radar System Landing & Comm. System





Impacting Medical Device Technology That Can Change Lives
END-TO-END FULL ASSEMBLY SOLUTION:
Utilizing our All-in-One Methodology for complete, complex Medical Devices starting from PCB right through to final product assembly.

PCB Technologies is ISO 13485 certified.

Cardiac Navigation - Complete System


PCBA for MRI system Respiratory Monitoring - Complete System
Creating Precision Industrial Instruments for Complex Challenges
ALWAYS UP ON TECH:
Offering innovative solutions that provide both products and entire systems for a wide range of critical industrial sectors, including: Semiconductor Aggrotech, National Utility Space-age Satellite Communications Systems.


Grids and the latest PCBA for 5G Satellites Aggrotech Drones - Complete System


Water Meter Equipment - Complete System Semiconductor - Heat Management control

Markets Mega Trends


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End-Market Growth Drivers & Outlook
| Segment | Company Share from 2023 Revenue |
US+EU Total *EMS Market Size 2024 (B\$) |
PCB & Substrate Market Size(B\$) |
IC Packaging Market Size (B\$) |
Assembly & Final Product Market Size (B\$) |
Company Addressable Market 2024 (B\$) |
Segment CAGR % (2024-2030) |
|---|---|---|---|---|---|---|---|
| Aerospace & Defense |
35% | 45 | 5 | 2 | 38 | 7.2 | 5.1%--8.5% |
| Medical Technologies |
31% | 32 | 3 | 2 | 27 | 3.7 | 3%--6.3% |
| Industrial Instruments |
34% | 41 | 4 | 2 | 35 | 4.7 | 3%--7.3% |
| Total | 118 | 12 | 6 | 100 | 15.6 |

Sources: Mordor Intelligence, K.B.V Research
Unique ONE-STOP SHOP for integrated cutting-edge Hardware Electronics Manufacturing
Added Value to Customers:
- Improved time to market
- Better yield processes
- More flexibility in design
- Smarter customization
- Lower development costs
- From prototype to mass production


Key Business Highlights
14
Diversified end-market mix with a growing Aerospace & Defense segment

Based on 2023 Sales By Main Industries

15
Sales Trend K\$

Consistent Growth in Sales

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Consolidate EBITDA & GP Trends K\$

Ongoing improvement in operational efficiency and product mix

Circuits Division GP K\$ Trend

Double GP by product mix and revenue stream, driven by our proprietary technology and strong OEM partnerships

Backlog & Long Term Agreements (LTA) M\$

Circuits drive our backlog while total LTA show steady growth
*Adjacent to the release date of Q3 2024 financial statements
