AIXTRON : FY 2021 Investor PRESENTATION.PDF

Investor Presentation

Full Year 2021 Results, February 24, 2022

Forward-Looking Statements

This document may contain forward-looking statements regarding the business, results of operations, financial condition and earnings outlook of AIXTRON. These statements may be identified by words such as "may", "will", "expect", "anticipate", "contemplate", "intend", "plan", "believe", "continue" and "estimate" and variations of such words or similar expressions. These forward-looking statements are based on the current assessments, expectations and assumptions of the executive board of AIXTRON, of which many are beyond control of AIXTRON, based on information available at the date hereof and subject to risks and uncertainties. You should not place undue reliance on these forward-looking statements. Should these risks or uncertainties materialize or should underlying expectations not occur or assumptions prove incorrect, actual results, performance or achievements of AIXTRON may materially vary from those described explicitly or implicitly in the relevant forward-looking statement. This could result from a variety of factors, such as those discussed by AIXTRON in public reports and statements, including but not limited those reported in the chapter "Risk Report". AIXTRON undertakes no obligation to revise or update any forward-looking statements as a result of new information, future events or otherwise, unless expressly required to do so by law. This document is an English language translation of a document in German language. In case of discrepancies, the German language document shall prevail and shall be the valid version.

Due to rounding, numbers presented throughout this report may not add up precisely to the totals indicated and percentages may not precisely reflect the absolute figures for the same reason.

Our registered trademarks: AIXACT®, AIXTRON®, APEVA®; Close Coupled Showerhead®, EXP®, EPISON®, Gas Foil Rotation®, Optacap™, OVPD®, Planetary Reactor®, PVPD®, STExS®, TriJet®

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HIGHLIGHTS

AIXTRON - Q4/2021 and FY/2021 Highlights

✓Record Orders and Revenues in 2021 - Guidance fully achieved

• EUR 497 million Order Intake in 2021
• EUR 429 million Revenues in 2021 at 42% Gross Margin and at 23% EBIT Margin
• EUR 120 million Order Intake in Q4/2021
• EUR 181 million Revenues in Q4/2021 - a 10-year record

✓

✓

AGM 2022: Dividend Proposal

• 30 Euro Cents per share dividend to be proposed to shareholders / 35% pay-out ratio

First Adoption of EU Taxonomy in 2021; AIXTRON technologies enabling lower CO2 emissions

• 57% of 2021 Revenues EU Taxonomy Aligned
• 39% of 2021 CapEx1 and 76% of 2021 OpEx1 EU Taxonomy Aligned

✓2022 Guidance2: Growth to continue ▪ EUR 520 - 580 million Order Intake ▪ EUR 450 - 500 million Revenues ▪ Around 41% Gross Margin

▪ 21% - 23% EBIT Margin

1 In line with EU Taxonomy Regulation

2 Based on 1.20 USD/EUR Budget Rate

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FINANCIALS

Consolidated Income Statement1

(EUR million)	FY/21	FY/20	+/- (%)	Q4/21	Q4/20	+/- (%)
Revenues	429.0	269.2	59	180.9	108.1	67
Cost of sales	247.5	161.0	54	100.9	63.1	60
Gross profit	181.5	108.3	68	80.0	45.0	78
Gross margin	42%	40%	2 pp	44%	42%	2 pp
Selling expenses	10.0	9.7	3	2.8	2.4	17
General & admin expenses	25.4	18.0	41	7.1	4.2	68
R&D	56.8	58.4	-3	16.3	17.2	-5
Net other operating income	(9.7)	(12.6)	-23	(4.1)	(3.3)	25
EBIT	99.0	34.8	184	57.9	24.5	136
EBIT margin	23%	13%	10 pp	32%	23%	9 pp
Net result	94.8	34.5	175	51.9	24.9	108
Net margin	22%	13%	9 pp	29%	23%	6 pp

1 Rounded figures; may not add up

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FINANCIALS

Balance Sheet1

(EUR million)	31/12/21	31/12/20	30/09/21
Property, plant & equipment	74.0	63.5	70.6
Goodwill	72.3	71.0	71.9
Other intangible assets	2.2	2.9	2.2
Others	25.4	74.92	24.0
Non-current assets	174.0	212.2	168.7
Inventories	120.6	79.1	137.3
Trade receivables	81.0	41.3	38.0
Others	12.6	8.1	15.7
Cash & Cash Deposits & Investments2	352.5	249.7	330.7
Current Assets	566.7	378.2	521.7
Equity	592.2	496.4	537.6
Non-current liabilities	8.5	6.6	7.0
Trade payables	19.6	10.8	23.1
Contract liabilities for advance payment	77.0	50.8	85.9
Others	43.4	25.8	36.9
Current liabilities	140.1	87.5	145.9
Balance Sheet total	740.7	590.4	690.4
1 Rounded figures; may not add up;
2 Includes cash deposits of EUR 60 million as per Dec. 31, 2020

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