Scanfil Capital Markets Day

13.00-13.05 IRO Pasi Hiedanpää: Opening and practicalities

13.05-14.05 CEO Christophe Sut: Strategy, financial targets and ESG road map

14.05-14.35 CFO Kai Valo: Financials

14.35-14.50 Break

14.50-15.30 CCO Christina Wiklund: Customer segments and organic growth

15.30-15.50 CDO Riku Hynninen: Dream factory and offering

15.50-16.20 COO Timo Sonninen: Insight into Sieradz factory

16.20-16.30 CEO Christophe Sut: Closing remarks

16.30 Drinks & canapés

Sieradz expansion ground heating wells.

CONFIDENTIAL

5-Mar-24

1

Christophe Sut

CEO (as of Septemeber 1, 2023)

Christophe Sut (1973), a French and Swedish citizen. He was previously the President of Manufacturing Solution at Sandvik AB 2021-2023, Executive Vice President of Global Solutions 2016-2021 and Vice President of Business development 2014-2016 at ASSA ABLOY AB, and the Development Director, EMEA at CLIQ 2012-2014. Global Strategic Marketing Manager at Niscayah Group 2010-2012, and various marketing and development roles at ASSA ABLOY AB in Sweden and France 2001-2010. Various marketing roles at ITW Group and SAM Outillage 1997-2001. He holds a Master's degree in Marketing and Sales, and a Bachelor's degree in Languages and Mathematics.

December 31,2023, Christophe Sut held 5,000 shares in Scanfil plc and he has option rights 2022(BI) for 120,000 shares.

Scanfil plc

GEARED FOR GROWTH

Scanfil milestones of growth

Industrial

Telecom

Merger with

electronics

Jorma J. Takanen

represented

Wecan

represented

Acquisition

Acquisition

Acquisition

Turnover >900

founded Scanfil Oy

80% of the sales

Electronics

75% of the sales

Schaltex

PartnerTech

HASEC

MEUR

1976

1991

2001

2002

2012

2014

2015

2019

2023

10 years of rapid growth

Rapid internationalization

Focus on Industrial Electronics

Expansion of customer base

High turnover growth

From 5 to 220 MEUR in sales

to developing countries

customers

over 10% p.a.

CONFIDENTIAL

5-Mar-24

4

Scanfil's footprint

Åtvidaberg, Sweden

Sievi, Finland

Malmö, Sweden

Pärnu, Estonia

Atlanta, USA

Wutha, Germany

Myslowice, Poland

Suzhou, China

Sieradz, Poland

3 %

13 %

7 %

Poland

9 %

China

38 %

Estonia

Employees

#1

45 %

Customers

Sweden 12 %

#2-10

Finland

The rest

Germany

The USA

42 %

16 %

15 %

CONFIDENTIAL

5-Mar-24

5

Over a decade of continuous growth

  • Growth is driven by the M&A and organic growth

CAGR 17.3%

1 000

901,6

843,8

750

695,7

579,4 595,3

508529,9

500

377,3

250

0

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

6

Adjusted operating profit 2014-2023

MEUR

CAGR

70

16,0 %

8,0 %

7,6 %

60

6,7 %

6,8 %

6,6 %

6,8 %

7,0 %

50

5,9 %

5,8 %

6,0 %

5,4 %

5,2 %

5,0 %

40

4,4 %

4,0 %

30

3,0 %

20

2,0 %

10

1,0 %

16,2

19,6

22,3

31,3

37,8

35,3

39,1

40,3

45,4

61,3

0

0,0 %

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

Operating profit, adjusted

Operating profit %, adjusted

7

Increasing dividend

  • Dividend increased already 11 years in a row
  • Scanfil aims to distribute about 1/3 of the earnings per share

CAGR

14.1%

0,25

0,23

0,21

0,20

0,17

0,19

0,15

0,15

0,13

0,11

0,10

0,07

0,08

0,09

0,05

0,00

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

Pay-Out Ratio %

33%

53%

n/a

28%

29%

34%

30%

41%

39%

31%

8

Global EMS market trends

  • The Global EMS market was valued at $524.22B in 2022
  • The EMS market is expected to reach $769.8B by 2028, growing at a CAGR of 5.79% during 2023-2028
  • The market is driven by various factors, including the increasing demand for consumer electronics, the growing complexity of electronic devices, and growing adoption of electronic manufacturing services

EUR bn

800

700

600

500

400

300

200

100

0

Global EMS market

2023

2024

2025

2026

2027

2028

Middle East & Africa

South America

Asia Pacific

Europe

North America

Source: GLOBAL ELECTRONICS MANUFACTURING SERVICES (EMS) MARKET RESEARCH REPORT 2023, Advanced Market Analytics

CONFIDENTIAL

5-Mar-24

9

Global EMS market trends - segments/verticals

  • Industrial, Medtech & Life Science, Energy & Cleantech amounted to 27.1% of the global EMS market in 2022
  • Automotive Electronics and rising demand for Medical Electronics highlighted as segments with very high potential

Source: GLOBAL ELECTRONICS MANUFACTURING SERVICES (EMS) MARKET RESEARCH REPORT 2023, Advanced Market Analytics

5-Mar-24 10

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Disclaimer

Scanfil Oyj published this content on 05 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 March 2024 12:58:01 UTC.