STEMMER IMAGING AG

Quarterly Report • Nov 9, 2023

Leading Vision.

Quarterly Financial Report

for the period from 1 January to 30 September 2023

At a glance

Group key figures

01/01 – 30/09/2023 Revenue 112,972	in KEUR
			01/01 – 30/09/2022
			112,977
Gross profit		44,273	42,620
Gross profit margin 39.2 %			37.7 %
EBITDA 19,892			18,713
EBIT 16,005			15,798
Consolidated net income 11,493			11,444
Operating cashflow after
income taxes 15,826			8,601
Employees (average) 304			327

	30/09/2023	31/12/2022
Total assets	105,778	120,555
Equity	75,980	84,079
Equity ratio	71.8 %	69.7 %
Cash and cash equivalents	33,903	41,574

STEMMER IMAGING in figures

Order intake: EUR 105.2 million

71.8 per cent equity ratio

EUR 1.77 earnings per share

5,000 customers

304 employees 15 subsidiaries and represented in >20 countries

This report and results from previous fiscal years in English language versions are available for you to download at: www.stemmer-imaging.com

Contents

Quarterly Financial Report for the period from 1 January to 30 September 2023

Executive Board report 2

Additional information

Financial calendar	15
Publication details	16

Consolidated interim management report

Net assets, financial position and results of operations	4
Report on expected developments	7

Consolidated financial statements

Consolidated statement of financial position	8
Consolidated income statement	10
Consolidated statement of comprehensive income	11
Consolidated statement of cash flows	12
Consolidated statement of changes in equity	14

The quarterly financial report has not been audited. It was prepared on the basis of the accounting regulations used in the most recent consolidated financial statements. The quarterly report contains statements and information made by STEMMER IMAGING AG that pertain to future periods. These forward-looking statements are estimates made on the basis of all information available at the time the quarterly report was prepared. If the assumptions underlying the forecasts prove to be incorrect, actual developments and results may differ from what is currently expected. The company is under no obligation to update the statements contained in this report other than as required by the laws on publications.

Rounding may mean that individual figures in this report do not add up exactly to the given total and that percentages are not the exact result of the figures presented.

Executive Board report

Dear shareholders,

although market momentum has slowed further and despite negative effects on earnings from one-off expenses and impairment losses, STEMMER IMAGING remains sustainably profitable. A subdued third quarter in terms of incoming orders and revenues temporarily hampers the growth path. The company is using this phase to sharpen its strategic positioning.

The anticipated purchase restraint mentioned in the half-year report for the third quarter due to high customer inventories and the ongoing uncertain economic outlook had a stronger impact on both order intake and revenue in the third quarter than expected. As a result, order intake for the nine-month period fell short of previous expectations at EUR 105.2 million.

Despite this challenging economic environment, STEMMER IMAGING managed to achieve revenues of EUR 113.0 million in the first nine months, maintaining the same level as in the previous year. While the regions of Holland and Switzerland experienced revenue declines, the Spanish subsidiary INFAIMON and the company in the UK recorded significant revenue growth. In terms of end markets, the markets Print & Packaging and Metrology achieved the largest revenue gains in the field of industrial Machine Vision, while Factory Automation reported declining revenues. In the non-industrial sector of Artificial Vision, the Food & Agriculture segment, in particular, saw a decrease in revenue, while the Transport & Logistics segment experienced the most substantial revenue growth.

The gross profit margin remained as strong as in the first half of the year, showing a marked year-on-year improvement at 39.2 per cent (9M 2022: 37.7 per cent). In the third quarter, the gross margin, primarily influenced by mix effects, stood at 38.4 per cent compared to 37.3 per cent in the same quarter of the previous year.

Despite revenue staying flat, EBITDA rose from EUR 18.7 million in the prior-year period to EUR 19.9 million in the first nine months due to the positive development of the gross margin in the fiscal year to date as well as proactive and timely cost management. The one-time expenses of EUR 1.2 million mentioned in the half-year report, which resulted primarily from the further integration of the INFAIMON subgroup, are recognised in full in the nine-month period. Accordingly, the normalized

EBITDA amounts to EUR 21.1 million in the first nine months. EBITDA margin increased to 17.6 per cent (9M 2023 normalized: 18.7 per cent; 9M 2022: 16.6 per cent), which is well within within the target range of 15 to 19 per cent. In the third quarter, STEMMER IMAGING, burdened by the aforementioned one-time expenses, achieved an EBITDA of EUR 5.7 million (Q3 2023 normalized: EUR 6.9 million; Q3 2022: EUR 7.4 million). Consequently, the EBITDA margin temporarily dropped to 16.4 per cent in the third quarter (Q3 2022: 18.3 per cent). Adjusted for the one-time expenses, the EBITDA margin in the third quarter reached 19.9 per cent, exceeding the target range.

As part of the announced integration activities of the Spanish and Latin American subsidiary INFAIMON, the Executive Board has decided that INFAIMON will operate under the name STEMMER IMAGING in the future. This unified corporate identity further strengthens the core brand of the STEMMER IMAGING Group. The rebranding marks the next significant step in the integration of INFAIMON into the STEMMER IMAGING Group as part of a global vision for the future. In the third quarter 2023, the write-down of the INFAIMON brand name was carried out, resulting in an additional burden on the EBIT of EUR 0.9 million. By leveraging synergies through the centralization of functions and the standardization of processes and systems, future savings of EUR 1.7 to 2.0 million per annum will be realized. Despite the impact of this extraordinary depreciation and the aforementioned one-time expenses, the EBIT for the first nine months of 2023 amounted to EUR 16.0 million, showing a slight increase compared to the previous year (9M 2023 normalized: EUR 18.1 million; 9M 2022: EUR 15.8 million).

As announced in the ad hoc disclosure on 17 October, 2023 the Executive Board of STEMMER IMAGING now expects revenue between EUR 144 million and EUR 151 million for the current fiscal year, which equates to a decline of 3 to 7 per cent year on year. The last applicable guidance for the current fiscal year predicted revenue at the lower end of the forecast range of EUR 163 million to EUR 176 million. On this basis, the Executive Board still expects earnings to develop as planned, which is likely to result in EBITDA at the lower end of the existing forecast range of EUR 26 million to EUR 32 million for 2023 as a whole. This means that EBITDA will remain on a par with the previous year (EUR 28.2 million) or decline by a maximum of 8 per cent. Accordingly, the EBITDA margin will be on a par with the previous year (18.1 per cent), putting it at the upper end of the forecast range of 15 to 19 per cent, despite the expected decline in revenue.

Based on the temporarily restrained order intake and revenue situation, the Executive Board is adjusting its mid-term guidance from 2021, with a revenue target of EUR 200 million for the year 2024. Despite the current challenging market conditions, the Executive Board sees STEMMER IMAGING's market position strengthened, based on the short-term measures taken and the refined strategic direction mentioned earlier. As the systemhouse in the field of machine vision, STEMMER IMAGING enables the dynamically evolving market to unlock the potential of Artificial Intelligence (AI) and, in turn, give AI the ability to see. This positions STEMMER IMAGING to benefit disproportionately from a general economic recovery and the reduction of elevated customer inventories, achieving double-digit growth rates in revenue and further improvements in profitability over the multi-year outlook. Accordingly, STEMMER IMAGING sets the ambitious goal of reaching a revenue level of EUR 240 million in the year 2026. Furthermore, the Executive Board is increasing its mid-term EBITDA margin goals for the year 2026, targeting a profitability range between 17 per cent and 21 per cent (previously 15 per cent – 19 per cent). As part of the dividend policy, the aim in the future is to realize a payout ratio of at least 70% of the annual result.

We would like to take this opportunity to express our sincere gratitude to our employees for their outstanding work and dedication. We also want to thank our shareholders for their trust. Thanks to your support, we are able to sustainably shape the future of our company together.

CEO COO

Arne Dehn Uwe Kemm

Consolidated interim management report

Net assets, financial position and results of operations

Net assets

The total assets of the STEMMER IMAGING Group amounted to EUR 105.78 million as at 30 September 2023, a decline compared to 31 December 2022 (EUR 120.56 million). On the assets side of the statement of financial position, this decrease is mainly attributable to the reduction in current assets.

Non-current assets fell to EUR 32.03 million as at 30 September 2023 (31 December 2022: EUR 33.70 million). This decline is due in part to current depreciation and amortisation of property, plant and equipment and intangible assets, including contract assets from leases in accordance with IFRS 16, which was offset by minor new and replacement investments only. In addition, the brand value attributable to INFAIMON was written off in full by a write-down of EUR 0.91 million as at 30 September 2023 as part of the further integration of STEMMER IMAGING's Southern European and Latin American business.

Inventories fell sharply in the third quarter of the 2023 fiscal year to EUR 15.63 million (31 December 2022: EUR 18.86 million).

Trade receivables decreased to EUR 22.22 million in the third quarter of 2023 due to cut-off effects (31 December 2022: EUR 23.93 million).

Cash and cash equivalents were down by EUR 7.67 million to EUR 33.90 million as at 30 September 2023 (31 December 2022: EUR 41.57 million).

Equity amounted to EUR 75.98 million as at 30 September 2023 (31 December 2022: EUR 84.08 million), resulting in an equity ratio of 71.8 % (31 December 2022: 69.7 %).

Non-current liabilities declined to EUR 5.98 million as at 30 September 2023 (31 December 2022: EUR 7.81 million). The main reason for this reduction was the reclassification of the current portion of a long-term bank loan in the amount of EUR 1.50 million.

Current liabilities fell from EUR 28.67 million as at 31 December 2022 to EUR 23.82 million as at 30 September 2023. This decrease was due primarily to the reduction of EUR 2.76 million in income tax liabilities to EUR 2.19 million (31 December 2022: EUR 4.95 million) and to the fall in current trade payables of EUR 1.41 million to EUR 11.61 million. (31 December 2022: EUR 13.02 million).

Financial position

The objective of the Group's financial management is to hedge material financial risks. Use is made of discounts wherever possible when settling supplier invoices. The company's solvency was assured at all times.

Operating cash flow amounted to EUR 15.83 million in the first nine months of the 2023 fiscal year (1 January to 30 September 2022: EUR 8.60 million). Cash flow was positively affected in particular by the strong operating result, the reduction in inventories and depreciation of fixed assets, while the main negative impact resulted from the outflow of cash for income tax payments.

Cash flow from investing activities amounted to EUR –1.02 million (1 January to 30 September 2022: EUR – 0.25 million) and was primarily influenced by investments in property, plant and equipment and intangible assets.

Cash flow from financing activities of EUR –22.41 million (1 January to 30 September 2022: EUR –7.83 million) was largely attributable to the dividend payment, which included a special dividend and totalled to EUR 3.00 per dividend-bearing share. Other significant factors were scheduled repayments on bank loans and finance lease liabilities totalling EUR 2.94 million (1 January to 30 September 2022: EUR 2.95 million).

Results of operations

At EUR 31.10 million, STEMMER IMAGING's order intake declined year on year in the third quarter of 2023 (1 July to 30 September 2022: EUR 38.02 million). The bookto-bill-ratio was 0.8 in the third quarter of 2023 (1 July to 30 September 2022: 0.9). Order intake for the first nine months of the 2023 fiscal year was EUR 105.20 million (1 January to 30 September 2022: EUR 126.30 million), and the book-to-bill ratio for the same period was 0.9, which was lower than in the prior-year period (1 January to 30 September 2022: 1.1).

The STEMMER IMAGING Group's revenue decreased by 14.8 per cent year on year in the third quarter of 2023 (1 July to 30 September 2022: EUR 40.59 million) to EUR 34.60 million. Revenue of EUR 112.97 million was generated in the reporting period as a whole, which was on a par with that of the first nine months of the previous fiscal year (1 January to 30 September 2022: EUR 112.98 million).

The cost of materials of EUR 21.32 million (1 July to 30 September 2022: EUR 25.44 million) was considerably lower than in the prior-year period due to the lower revenue and higher gross profit margin of 38.4 per cent (1 July to 30 September 2022: 37.3 per cent). The gross profit margin for the first nine months of 2023 was up significantly year on year at 39.2 % (1 January to 30 September 2022: 37.7 %).

Personnel expenses came to EUR 6.50 million in the third quarter of 2023 (1 July to 30 September 2022: EUR 5.65 million), amounting to EUR 19.10 million for the first nine months of the 2023 fiscal year (1 January to 30 September 2022: EUR 18.23 million). This meant an increase in the personnel expense ratio from 16.1 to 16.9 per cent in the nine-month period, which was largely attributable to the one-time expenses of EUR 1.2 million resulting from integration measures (1 January to 30 September 2022: EUR 0.00 million). The average number of employees stood at 304 during the reporting period (1 January to 30 September 2022: 327).

Other operating expenses amounted to EUR 1.78 million in the third quarter of 2023 (1 July to 30 September 2022: EUR 2.54 million). Other operating expenses declined year on year in the reporting period to EUR 7.34 million (1 January to 30 September 2022: EUR 8.18 million).

EBITDA came to EUR 5.68 million in the third quarter of the 2023 fiscal year (EBITDA margin: 16.4 per cent), which was below the figure for the prior-year quarter of EUR 7.41 million (EBITDA margin: 18.3 per cent). EBIT amounted to EUR 3.82 million in the third quarter of the fiscal year (1 July to 30 September 2022: EUR 6.44 million). This corresponds to a year-on-year decrease in the EBIT margin from 15.9 to 11.0 per cent. The STEMMER IMAGING Group's consolidated net income for the third quarter of the 2023 fiscal year was EUR 2.70 million (1 July to 30 September 2022: EUR 4.54 million).

EBITDA came to EUR 19.89 million in the first nine months of the 2023 fiscal year (EBITDA margin: 17.6 %), thereby exceeding the prior-year figure of EUR 18.71 million (EBITDA margin: 16.6 %). The main reasons for the sharp increase compared to the previous year are the significant improvement in gross profit and the stable cost situation in the reporting period despite the one-time expenses. At EUR 16.01 million, EBIT in the first nine months of 2023 was on a par with the prior-year period (EUR 15.80 million). The EBIT margin of 14.2 % was also similar to that of the prior-year period (14.0 %). The STEMMER IMAGING Group's consolidated net income was EUR 11.49 million for the reporting period from January to September 2023 (1 January to 30 September 2022: EUR 11.44 million).

Report on expected developments

In the third quarter of 2023, there continued to be little momentum in the global economy. While initially, many companies benefitted from on their accumulated order backlog to cushion the weakness in demand, production in more and more countries is now shrinking in comparison to the previous year. Strong inflation, rising interest rates, and the conflict in Ukraine remained the main drivers of the weak economic performance. The International Monetary Fund (IMF) expects that global growth will decrease from 3.5 per cent in 2022 to 3.0 per cent in 2023. Global inflation is projected to steadily decline from 8.7 per cent in 2022 to 6.9 per cent in 2023, primarily due to tighter monetary policies supported by lower international commodity prices.

According to preliminary estimates from Eurostat, the statistical office of the European Union, the Gross Domestic Product (GDP) in the EU increased by 0.1 per cent in the third quarter compared to the previous quarter. In the second quarter, the GDP had remained unchanged. For the full year 2023, the European Commission is expecting a growth rate of 1 per cent based on their most recent forecast.

The German economy continued to be affected by the persistently challenging global economic conditions in the third quarter. According to the Federal Statistical Office, the GDP in the third quarter of 2023, adjusted for price changes, decreased by 0.8 per cent compared to the second quarter, primarily driven by a decline in private consumption. The Ifo Institute expects a real GDP decline of 0.4 per cent in Germany in 2023 compared to the previous year.

STEMMER IMAGING was able to continue its positive trend in results in the first nine months 2023, even though the anticipated purchase restraint mentioned in the half-year report for the third quarter due to high customer inventories and the ongoing uncertain economic outlook had a stronger impact on both order intake and revenues in the third quarter than expected.

As already announced in an ad hoc announcement on October 17, the Executive Board has specified the revenue forecast. Revenues are now expected to fall between EUR 144–151 million. Based on the positive development of the gross margin over the course of the financial year and its proactive and timely cost management, the Executive Board continues to expect earnings to develop as planned, which is likely to lead to EBITDA at the lower end of the existing forecast range of EUR 26 – 32 million for the financial year 2023. The one-off expenses of EUR 1.2 million already announced in the half-year report, which mainly result from the further integration of the Infaimon subgroup, are already included.

Based on the temporarily restrained order intake and revenue situation, the Executive Board is updating its mid-term guidance from 2021, with a revenue target of EUR 200 million for the year 2024. STEMMER IMAGING is convinced that the market drivers remain intact beyond the current market-related period of weakness, and thus, the machine vision industry continues to be a growth sector. STEMMER IMAGING positions itself in the industry as the international systemhouse of machine vision technology, offering the entire spectrum of imaging solutions based on a strong distribution business – from value-added services to the development of subsystems and proprietary products. As the systemhouse in the field of machine vision and with its technology offering, STEMMER IMAGING enables the dynamically evolving market to unlock the potential of Artificial Intelligence (AI) and gives AI the ability to see. From the Executive Board's perspective, this refined strategic positioning and focus on implementing strategic measures enable STEMMER IMAGING, to achieve double-digit growth rates in revenue over a multi-year period and further improvements in profitability. Accordingly, STEMMER IMAGING sets the ambitious goal of reaching a revenue level of EUR 240 million in the year 2026. Furthermore, the board is increasing its mid-term EBITDA margin goals for the year 2026, targeting a profitability range between 17 per cent and 21 per cent (previously 15 per cent–19 per cent). As part of the dividend policy, the aim in the future is to realize a payout ratio of at least 70% of the annual result.

Assets

Consolidated statement of financial position as at 30 September 2023

in KEUR
	30/09/2023	31/12/2022
Non-current assets
Property, plant and equipment	6,870	7,228
Goodwill	19,303	19,374
Other intangible assets	5,152	6,455
Other investment securities	0	48
Other financial assets	223	172
Deferred tax assets	478	421
Total Non-current assets	32,026	33,698
Current assets
Inventories	15,630	18,858
Trade receivables	22,219	23,932
Other financial assets	122	159
Income tax receivables	807	253
Other assets and prepaid expenses	1,071	2,081
Cash and cash equivalents	33,903	41,574
Total current assets	73,752	86,857
Total assets	105,778	120,555

Equity and Liabilities
in KEUR

	30/09/2023	31/12/2022
Capital and reserves
Subscribed capital	6,500	6,500
Capital reserves	47,495	47,495
Revenue reserves	21,985	30,084
Total equity	75,980	84,079
Non-current liabilities
Non-current loans	0	1,500
Provisions for pensions and similar obligations	27	27
Trade payables	79	79
Other financial liabilities	4,343	4,458
Other liabilities	575	426
Other provisions	264	219
Deferred tax liabilities	695	1,100
Total non-current liabilities	5,983	7,809
Current liabilities
Current loans	2,000	2,000
Other provisions	54	65
Trade payables	11,614	13,024
Contract liabilities and advance payments received on orders	830	668
Other financial liabilities	1,825	2,008
Income tax liabilities	2,192	4,946
Other liabilities	5,300	5,956
Total current liabilities	23,815	28,667
Total liabilities	29,798	36,476
Total assets	105,778	120,555

Consolidated income statement

Developement from 1 January to 30 September 2023

in KEUR

	01/01 – 30/09/2023	01/01 – 30/09/2022	01/07 – 30/09/2023	01/07 – 30/09/2022
Revenue	112,972	112,977	34,598	40,592
Cost of materials	– 68,699	–70,357	– 21,324	– 25,435
Gross profit	44,273	42,620	13,274	15,157
Other operating income	2,066	2,505	662	436
Personnel expenses	– 19,104	–18,234	– 6,495	– 5,645
Other operating expenses	– 7,343	– 8,178	– 1,757	– 2,535
EBITDA	19,892	18,713	5,684	7,413
Depreciation and impairment of property, plant and equipment	– 2,032	– 1,923	– 641	– 646
EBITA	17,860	16,790	5,043	6,767
Amortisation of intangible assets	– 1,855	– 992	– 1,222	– 327
Operating earnings (EBIT)	16,005	15,798	3,821	6,440
Finance income	15	6	11	4
Finance costs	– 104	– 125	– 47	– 37
Profit before income taxes	15,916	15,679	3,785	6,407
Taxes on income	– 4,423	– 4,235	– 1,083	– 1,866
Consolidated net income	11,493	11,444	2,702	4,541
Of which:
Shareholders of the parent company	11,493	11,444	2,702	4,541
Number of shares (weighted average)	6,500,000	6,500,000	6,500,000	6,500,000
Earnings per share in EUR (diluted and basic)	1.77	1.76	0.42	0.70

Consolidated statement of comprehensive income

Developement from 1 January to 30 September 2023 in KEUR

	01/01 – 30/09/2023	01/01 – 30/09/2022
Consolidated net income	11,493	11,444
Other comprehensive income
Items that will be reclassified to profit or loss in future under certain conditions
Exchange differences that arose during the reporting period	– 92	1
Other comprehensive income after income taxes	– 92	1
Total comprehensive income	11,401	11,445
Of which:
Shareholders of the parent company	11,401	11,445

Consolidated statement of cash flows

Developement from 1 January to 30 September 2023

	01/01 – 30/09/2023	01/01 – 30/09/2022	01/07 – 30/09/2023	01/07 – 30/09/2022
Cash flow from operating activities
Consolidated net income	11,493	11,444	2,702	4,541
Income tax expense recognised in profit or loss	4,423	4,235	1,083	1,866
Finance costs/income recognised in profit or loss	89	66	36	36
Amortisation and depreciation of intangible assets, property, plant and equipment and investment securities	3,887	2,915	1,863	973
Increase (+)/decrease (-) in provisions	47	– 4	25	– 19
Other non-cash expenses/income	– 219	– 360	– 35	– 24
Gain/loss on disposal of property, plant and equipment and intangible assets	0	– 11	0	– 1
Increase (-)/ decrease (+) in inventories, trade receivables and other assets	6,101	–11,097	5,605	– 5,678
Increase (+)/ decrease (-) in liabilities and other liabilities	– 1,829	3,456	– 1,605	3,240
Interest received	15	6	11	4
Cash flow from operating activities	24,007	10,650	9,685	4,938
Income taxes paid	– 8,181	– 2,049	– 2,127	– 449
Net cash flow from operating activities	15,826	8,601	7,558	4,489
Cash flow from investing activities
Payments for intangible assets	– 552	– 2	– 181	0
Proceeds from disposals of property, plant and equipment	0	58	– 36	30
Payments for investments in property, plant and equipment	– 460	– 285	– 108	– 96
Payments for investments in financial assets	– 3	– 25	–3	– 24
Net cash flow used in investing activities	– 1,015	– 254	– 328	– 90

Developement from 1 January to 30 September 2023 in KEUR

	01/01 – 30/09/2023	01/01 – 30/09/2022	01/07 – 30/09/2023	01/07 – 30/09/2022
Cash flow from financing activities
Proceeds from loans	0	18	0	0
Repayment of loans	– 2,939	– 2,948	– 955	– 992
Proceeds from grants received	135	49	46	22
Dividends paid to shareholders of the parent conpany	– 13,474	– 3,280	0	0
Dividends paid on free float shares	– 6,026	– 1,595	0	0
Interest paid	– 104	– 72	– 47	– 39
Net cash flow used in financing activities	– 22,408	– 7,828	– 956	– 1,009
Net decrease/increase in cash and cash equivalents	– 7,597	519	6,274	3,390
Cash and cash equivalents at the beginning of the reporting period	41,574	36,022	27,651	33,119
Changes in cash due to exchange rate movements and remeasurement	– 74	– 51	– 22	– 19
Cash and cash equivalents at the end of the reporting period	33,903	36,490	33,903	36,490
Of which cash in hand and bank balances	33,903	36,490	33,903	36,490

Consolidated statement of changes in equity

From 1 January to 30 September 2022 in KEUR

	Subscribed capital	Capital reserves	Reserve for actuarial gains/losses	Currency translation reserve	Other revenue reserve	Total	Total
As at 1 January 2022	6,500	47,495	11	196	17,166	17,373	71,368
Consolidated net income	0	0	0	0	11,444	11,444	11,444
Dividends paid to shareholders of the parent conpany	0	0	0	0	– 3,280	– 3,280	– 3,280
Dividends paid on free float shares	0	0	0	0	– 1,595	– 1,595	– 1,595
Other comprehensive income	0	0	0	1	0	1	1
As at 30 September 2022	6,500	47,495	11	197	23,735	23,943	77,938

From 1 January to 30 September 2023

in KEUR

Revenue reserves
Currency Other translation revenue reserve reserve Total Total		Reserve for actuarial gains/losses	Capital reserves	Subscribed capital
– 210 30,264 30,084 84,079		30	47,495	6,500	As at 1 January 2023
0 11,493 11,493 11,493	0		0	0	Consolidated net income
0 – 13,474 – 13,474 – 13,474	0		0	0	Dividends paid to shareholders of the parent conpany
0 – 6,026 – 6,026 – 6,026	0		0	0	Dividends paid on free float shares
– 92 0 – 92 – 92	0		0	0	Other comprehensive income
– 302 22,257 21,985 75,980		30	47,495	6,500	As at 30 September 2023

Financial calendar ¹

Thursday

09/11 2023

Publication of Q3/9M 2023 interim report

Monday–Wednesday 27–29/11 2023

Eigenkapitalforum (German Equity Forum), Frankfurt am Main

1 Dates may change at short notice.

Publication details

STEMMER IMAGING AG Gutenbergstraße 9–13 82178 Puchheim Germany

Tel.: + 49 89 80902-0 Fax: + 49 89 80902-116 de.info@stemmer-imaging.com

Executive Board: Arne Dehn (CEO), Uwe Kemm (COO) Chairman of the Supervisory Board: Klaus Weinmann Commercial register: Munich HRB 237247 VAT no. DE 128 245 559

Company responsible: STEMMER IMAGING AG Text and editing: STEMMER IMAGING AG Conception and design: Anzinger und Rasp Kommunikation GmbH Cover image: MAD Werbeagentur GmbH & Co.KG

Contact

Arne Dehn CEO

ir@stemmer-imaging.com www.stemmer-imaging.com/investors

The STEMMER IMAGING AG quarterly report is available in German and English. The German version is legally binding.

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