Feintool International : Roadshow presentation FY21 results

Feintool Group

Roadshow presentation - FY21 results

TODAY'S PRESENTERS

Knut Zimmer	Samuel Künzli
Chief Executive Officer	Chief Financial Officer

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Market environment and review

MARKET ENVIRONMENT

2021 dominated by semiconductor shortages and high steel prices

• Demand recovery in first HY1 2021
• Semiconductor shortages slowed down recovery in HY2 2021
• Demand for cars could no longer be fully met. Inventories stood at historically low level
• High steel prices in 2021 had to be negotiated with customers and impacted margins. Liquidity was tied up in inventories
• OEMs focused on high-margin models
• Energy prices increased dramatically and put a strain on the industry
• Suppliers suffer from difficult planning conditions

Feintool Roadshow FY21 results, March 2022

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Not for release, publication or distribution in the United States, Canada, Australia, or Japan or any other jurisdiction into which the same would be unlawful and does not constitute an offer of securities for sale in such countries.

MARKET ENVIRONMENT BY REGION

Different loads due to corona and semiconductor shortage

At level of corona year 2020	Strong start in first HY 2021
 Better first HY 2021 than previous	 First HY 2021 off to a very good start in US
year, but remained roughly 20%	 US car sales benefit from dealer inventories
below 2019	 Steel prices in US reach historic highs. This
 Semiconductors are used for high-	ties up capital and puts pressure on margin
margin models and BEV (Battery	levels
electric vehicle). E-cars need more	 Vehicle inventories remain at low level
chips than conventional cars	 First initiatives for e-car in US at established
 Full year 2021 is at 2020 level	OEM (Original Equipment Manufacturer)

• Dedicated development activities for e-vehicles are being implemented

Better through the semiconductor crisis

• First HY 2021 off to better start in China than in prior year
• Semiconductor shortage leads to production cuts in second HY 2021. However, the impact is lower than in
  EU/NAFTA
• Full year 2021 on par with 2019
• China remains a growth market for the automotive industry
• Focus on BEV, hybrids and FC (Fuel cells) discernible

Feintool Roadshow FY21 results, March 2022

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Not for release, publication or distribution in the United States, Canada, Australia, or Japan or any other jurisdiction into which the same would be unlawful and does not constitute an offer of securities for sale in such countries.