SUSS MICROTEC – 9 MONTHS RESULTS 2022

November 10, 2022

This presentation contains forward-looking statements relating to the business, financial performance and earnings of SUSS MicroTec SE and its subsidiaries and associates. Forward-looking 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.

SUSS MICROTEC Q3 2022 – SUMMARY

Key Figures:

Another quarter with record order entry of € 142.5 million
Revenue slightly up even though facing ongoing supply chain challenges
EBIT margin decreased to 8.4 % (previous year: 13.9%) due to higher material and personnel costs as well as the product mix
Positive free cash flow of € 11.3 million due to higher prepayments (previous year: € -1.8 million)

Q3 Business Highlights:

Demand remains strong across all SUSS MicroTec segments, with strongest OE growth for Photomask Equipment and Bonder segments
Revenue still negatively impacted by ongoing supply chain bottlenecks:
- Tools with a value of about € 16 million were delivered but not recognized as sales in Q3 2022 due to missing parts or functionality
- Tools worth approx. € 5 million are assembled, but delivery is outstanding

KEY GROUP FIGURES 9M 2022

in € million	Q3 / 2022	Q3/ 2021	Change	9 Months / 2022	9 Months / 2021	Change
Order entry	142.5	101.0	41.1%	373.3	253.8	47.1%
Order backlog as of Sep 30	--	--	--	377.3	185.4	103.5%
Total sales	70.5	70.0	0.7%	195.2	188.5	3.6%
Gross profit	24.4	27.4	-10.9%	68.2	68.9	-1.0%
Gross profit margin	34.6%	39.1%	-4.5%-Points	34.9%	36.5%	-1.6%-Points
EBIT	5.9	9.7	-39.2%	11.0	17.7	-37.8%
EBIT margin	8.4%	13.9%	-5.5%-Points	5.6%	9.4%	-3.8%-Points
Earnings after tax	3.6	7.1	-48.8%	7.2	12.1	-40.2%
Earnings per share, basic (in €)	0.19	0.37	--	0.38	0.63	--
Net cash	--	--	--	52.2	19.8	163.7%
Free Cashflow	11.3	-1.8	--	17.4	0.2	--
Employees as of Sep 30	--	--	--	1,221	1,148	6.4%

9M figures

- High Order Entry (+ 47.1%), Backlog at € 377.3 million
- Revenue up by 3.6%
- EBIT margin decrease due to higher material and personnel costs as well as higher R&D spending
- Net cash and FCF improved strongly

ORDER ENTRY BY SEGMENT AND SALES BY REGION

PROFITABLITY IMPACTED BY SUPPLY CHAIN BOTTLENECKS

- Q3 2021 EBIT included a positive oneoff effect of € 1.5 million due to a reversal of a write-off for two UVscanners
- 9M EBIT decreased by € 6.7 million vs. 2021 mainly caused by a lower Gross Profit margin, overall higher R&D spending, more Selling and Marketing expenses and a negative FX effect in 2022

FREE CASH FLOW IMPROVED DESPITE GROWING INVENTORIES

Comments:

- Increasing inventory level due to supply chain bottlenecks and long lead times
- Operating CF improved mainly due to higher down payments (partly offset by build-up of safety stock & work in progress)
- Improvement of FCF and Net Cash
- Financial headroom: € 102m (thereof undrawn syndicated loan of € 40m)

GUIDANCE 2022 AND OUTLOOK

€ 270M - 300M (lower part of range)

8.5 - 10.5% (lower end of range) € -5M to +5M

2022 results impacted by supply chain bottlenecks
With ongoing supply chain challenges, growth path shows incremental & temporary delay, not fundamental slow-down (as shown by strong OE)
Guidance bandwidth narrowed: sales at lower part of range and EBIT at lower end of range expected
Expect further top- and bottom-line growth to at least € 400 million in 2025, with 15% EBIT margin (unchanged)

Franka Schielke Investor Relations Manager

Tel.: +49 89 32007 161 Email: [email protected]

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

Sven Koepsel

Head of IR & Corporate Communications

Tel.: +49 89 32007 151 Email: [email protected]