SÜSS MicroTec SE

Investor Presentation • Nov 11, 2021

SUSS MICROTEC SE FIRST NINE MONTHS RESULTS 2021

November 11, 2021

This presentation contains forward-looking statements relating to the business, financial performance and earnings of SUSS MicroTec SE and its subsidiaries and associates. Forwardlooking statements are based on current plans, estimates, projections and expectations and are therefore subject to risks and uncertainties, most of which are difficult to estimate and which in general are beyond the control of SUSS MicroTec SE. Consequently, actual developments as well as actual earnings and performance may differ materially from those which explicitly or implicitly assumed in the forward-looking statements. SUSS MicroTec SE does not intend or accept any obligation to publish updates of these forward-looking statements.

9M 2021 AT A GLANCE

• Record order entry with € >100 million in single quarter
• Key growth drivers: 5G adoption (esp. frequency filters) and advanced packaging applications for lithography; EUV demand for photomask equipment; automotive for Microoptics
• Revenue up by 8.4% to € 188.5 million
• EBIT margin increased to 9.4 % (2020: 7.0%)
• Partnership with SET Corporation on D2W hybrid bonding
• SUSS MicroOptics SA wins 2021 Swiss Manufacturing Award

Positive business outlook for Q4 with a strong order backlog – Guidance confirmed

KEY GROUP FIGURES NINE MONTHS 2021

in € M	Q3 2021	Q3 2020	Change	9M 2021	9M 2020	Change
Order entry	101.0	44.1	+129.0%	253.8	206.7	+22.8%
Order Backlog 09/30	--	--	--	185.4	125.8	+47.4%
Sales	70.0	60.6	+15.5%	188.5	173.9	+8.4%
Gross Profit margin	39.1%	40.4%	-1.3%pts	36.6%	33.2%	+3.4%pts
EBIT	9.7	9.0	+7.8%	17.7	12.2	+45.1%
EBIT margin	13.9%	14.9%	-1.0%pts	9.4%	7.0%	+2.4%pts
EAT	7.0	4.5	+55.6%	12.1	4.9	146,9%
EPS in €	0.37	0.24	--	0.63	0.26	--
Free cashflow (in €)	-1.8	10.6	--	0.2	27.8	--
Net cash	--	--	--	19.8	15.0	+32.0%
Employees 09/30	--	--	--	1,174	997	+17.8%

Third quarter:

• • Demand for SUSS tools accelerated in Q3 2021
• • Record order entry of more than € 100 million in a quarter
• • Revenue up sequentially and yoy
• • GP margin of almost 40%
• • Double digit EBIT margin achieved

First 9 months:

• • Order entry and backlog at high level
• • Revenue up by 8.4%
• • Sustained GP margin improvement
• • EBIT, EBIT margin and EAT are up
• • Net cash position further improved

ORDER ENTRY BY SEGMENT AND SALES BY REGION

Sales by region (9M 2021):

Lithography Bonder Photomask Equipment MicroOptics

EMEA North America Asia

22.0%

SEGMENT OVERVIEW 9M 2021

Lithography					Photomask Equipment
in € M	9M 2021		9M 2020		in € M	9M 2021			9M 2020
Order entry	134.0		127.2		Order entry	61.8		35.5
Sales	112.7		97.8		Sales	33.4		40.0
GP (margin)	42.0	(37.3%)	29.7	(30.4%)	GP (margin)	11.0	(32.9%)	16.7	(41.8%)
EBIT (margin)	15.3	(13.6%)	6.2	(6.3%)	EBIT (margin)	5.1	(15.3%)	11.0	(27.5%)

• Strong growth of order entry for automated mask aligners and coaters

• • 9M 2021 GP- and EBIT-margin increased further due to:
  • • Good sales of high-margin mask aligners
  • • Improved overall margin for coaters and developers

in € M	9M 2021		9M 2020		in € M	9M 2021		9M 2020
Order entry	33.1		26.8		Order entry	23.5		16.8
Sales	21.7		18.9		Sales	19.3		16.8
GP (margin)	8.1	(37.3%)	5.6	(29.6%)	GP (margin)	6.0	(31.1%)	4.9
EBIT (margin)	0.5	(2.3%)	-0.6	(-3.2%)	EBIT (margin)	0.7	(3.6%)	0.3

• Outlook for the full fiscal year 2021 remains positive

• Order entry went up strongly: mainly for permanent bonders

• Higher sales level and improved GP- and EBIT-margin

• Order entry almost doubled

• Sales level depends on timing of shipment of single tools

• GP-and EBIT-margin can be influenced by single customer orders

• EBIT/EBIT margin decreased due to lower GP-margin > depends on single customer projects

Bonder MicroOptics

in € M	9M 2021		9M 2020		in € M	9M 2021		9M 2020
Order entry	33.1		26.8		Order entry	23.5		16.8
Sales	21.7		18.9		Sales	19.3		16.8
GP (margin)	8.1	(37.3%)	5.6	(29.6%)	GP (margin)	6.0	(31.1%)	4.9	(29.2%)
EBIT (margin)	0.5	(2.3%)	-0.6	(-3.2%)	EBIT (margin)	0.7	(3.6%)	0.3	(1.8%)

• Order entry and sales improved compared to last year

• EBIT-margin improved due to cost savings measures and higher sales

CONFIRMATION OF GUIDANCE 2021

INVESTOR RELATIONS INFORMATION

Franka Schielke

Tel.: +49 89 32007 161 Fax.: +49 4444 33420 Email: franka.schielke@suss.com

SÜSS MicroTec SE Schleissheimer Strasse 90 85748 Garching Germany www.suss.com

Contact Financial Calendar 2022

Annual Report 2021	March 31
Quarterly Report 2022	May 12
Annual General Meeting 2022	May 31
Half Year Report 2022	Aug. 4
Nine Months Report 2022	Nov. 10