SÜSS MicroTec SE

Investor Presentation • May 12, 2021

SUSS MICROTEC QUARTERLY NUMBERS Q1 2021

May 12, 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.

OPENING REMARKS NEW CEO/COO

New management since May, 1st 2021

Dr. Götz M. Bendele Chief Executive Officer (CEO)

Oliver Albrecht Chief Financial Officer (CFO); since Nov. 2019

Dr. Thomas Rohe Chief Operating Officer (COO)

Q1 2021 AT A GLANCE

Development Q1 2021 vs Q1 2020:

• Order entry increased by more than 17%
• Sales went up by 26.1%
• Strongly improved GP- and EBIT margins
• Free cashflow and net cash rose considerably
• No one-off effects in Q1 2021

Business update by segment:

• Lithography: strong quarter especially for coaters/developers and mask aligners, with significant EBIT improvement
• Bonder: good order entry in Q1 but lower sales due to postponements of tool shipments into Q2 2021
• Photomask Equipment: "lumpy business" quarter on quarter but on good level
• MicroOptics: improved earnings-margin at stable sales and order entries

KEY GROUP FIGURES Q1 2021

in € M	Q1 2021	Q1 2020	Change
Order entry	81.0	69.0	+17.4%
Order Backlog 03/31	148.2	120.8	+22.7%
Sales	52.6	41.7	+26.1%
Gross Profit margin	32.9%	24.5%	+8.4%pts
EBIT	1.4	-5.6	--
EBIT margin	2.7%	-13.4%	+16.1%pts
EAT	0.8	-5.4	--
EPS in €	0.04	-0.28	--
Free cashflow (in €)	9.1	-8.3	--
Net cash	39.2	-19.6	--
Employees 03/31	1041	942	+10.5%

• • Ongoing high demand for SUSS-tools throughout the first quarter 2021
• • Sales growth combined with a better GP margin resulted in a significantly improved EBIT
• • Q1 2020: Minus € 3.7M one-off costs due to closure of US facility in Corona, USA
• • Strong quarterly free cashflow
• • Net cash position is positive with € 39.2M

SUSS MicroTec SE – Investor Presentation 5

ORDER ENTRY BY SEGMENT AND REGION

Order entry by segment

Lithography Bonder Photomask Equipment MicroOptics

Order entry by region (Q1 2021):

SEGMENT OVERVIEW Q1 2021

Lithography					Photomask Equipment
in € M	Q1 2021		Q1 2020		in € M	Q1 2021		Q1 2020
Order entry	52.1		42.1		Order entry	12.2		15.9
Sales	32.2		25.5		Sales	11.3		5.8
GP (margin)	10.5	(32.6%)	5.3	(20.8%)	GP (margin)	4.4	(38.9%)	2.6	(44.8%)
EBIT (margin)	2.7	(8.4%)	-2.3	(-9.0%)	EBIT (margin)	2.5	(22.1%)	0.8	(13.8%)

• Strong quarter for coaters/developers and mask aligners

• Order entry for first combined InkJetx/ACS tool in Q1 2021 received; delivery expected in Q4

• Special effect (scanner business) on EBIT Q1 2020: € -3.7M

Bonder			MicroOptics
in € M	Q1 2021		Q1 2020		in € M	Q1 2021		Q1 2020
Order entry	9.0		5.6		Order entry	6.9		5.4
Sales	2.1		4.3		Sales	6.6		6.1
GP (margin)	-0.1	(-4.8%)	0.9	(20.9%)	GP (margin)	1.9	(28.8%)	1.7
EBIT (margin)	-2.4	(-114.3%)	-1.1	(-25.6%)	EBIT (margin)	0.3	(4.5%)	-0.2

• Order entry increased due to higher demand for temporary bonders

• Sales decreased due to postponement of tool shipments into Q2 2021

• Outlook for the full fiscal year 2021 remains very positive

• Order entry remains on a high quarterly level

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

• EBIT/EBIT margin increased due to higher sales volume with a better fixed cost coverage

MicroOptics
--------------------	--

in € M	Q1 2021		Q1 2020		in € M	Q1 2021		Q1 2020
Order entry	9.0		5.6		Order entry	6.9		5.4
Sales	2.1		4.3		Sales	6.6		6.1
GP (margin)	-0.1	(-4.8%)	0.9	(20.9%)	GP (margin)	1.9	(28.8%)	1.7	(27.9%)
EBIT (margin)	-2.4	(-114.3%)	-1.1	(-25.6%)	EBIT (margin)	0.3	(4.5%)	-0.2	(-3.3%)

• Recovery of order entry and sales

• Improved GP and EBIT margins due to slightly higher sales volume

• New clean room completed; installation of production equipment is ongoing

MARKET ESTIMATES AND LONGER TERM OUTLOOK

• Ongoing high market activity - continuously strong order entry
• Uncertainties remain due to COVID-19 pandemic and US/China trade barriers
• Forecasts for semiconductor market growth 2021 range from plus 4.1% (Cowan) to plus 18% (future horizon)
• Mega Trends fully intact:
• Future demand driven by emerging technologies like 5G, IoT, highperformance computing, augmented reality, artificial intelligence, autonomous driving etc.

GUIDANCE 2021

confirmation of Guidance 2021

€ 270 - 290M 9 - 11%

€ 12 - 18M

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 2021

Annual Report 2020	April 9
Quarterly Report 2021	May 12
Annual General Meeting 2021	June 16
Half Year Report 2021	Aug. 5
Nine Months Report 2021	Nov. 11

SUSS MicroTec SE – Investor Presentation 9