3d Systems Corporation · NYSE:DDD

3d Systems — Investor Day (May 2022)

99 slides from 3d Systems's investor day presentation, May 16, 2022

Slide 3: Forward Looking Statements
Forward Looking Statements Certain statements made in this presentation that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncert
Slide 5: An Exciting Agenda for Today
An Exciting Agenda for Today… 01 Our Team, our Company and our Future Jeff Graves 02 Healthcare Solutions Menno Ellis 03 Industrial Solutions Reji Puthenveetil 04 Oqton Ben Schrauwen 05 Engineering and Application Innovation David Leigh 06 Translation to Financial Performance Wayne Pensky 07 Q&A Pan
Slide 6: Strong Executive Leadership Team
Strong Executive Leadership Team Wayne Pensky Reji Puthenveetil Menno Ellis David Leigh Interim Chief Executive Vice President, Executive Vice President, Chief Technology Officer, Financial Officer Industrial Solutions Healthcare Solutions Additive Manufacturing Jeff Graves President and Chief Execu
Slide 7: 3D Systems: Company Rebirth for an Even Stronger Future
3D Systems: Company Rebirth for an Even Stronger Future 1986 - 2020 July 2020 2021 and Beyond 4 Non-Core Businesses (Exited) Industrial Solutions Printers Focus Healthcare Solutions Materials High Value Growth Markets with o Bioprinting (Laboratories) Significant Barriers o Regenerative Medicine (Hu
Slide 8: 3D Systems: Who We Are and Who We Serve
3D Systems: Who We Are and Who We Serve 3D Systems Today Delivering Value to our Customers 1,900+ 20+ Broadest Range of AM 20,000+ Employees Market segments Solutions Technologies Production printers 4,800+ worldwide served o 7 metal and polymer printing active today Tons of proprietary platforms ma
Slide 9: Advantages of Additive Drive Industry Growth
Advantages of Additive Drive Industry Growth Why Additive? 3D Printing Market Size ($B)1 $45-50 01 Design Flexibility 03 Mass Customization $15 Low Volume Parts & Faster 2021 2022 2023 2024 2025 2026 02 04 Supply Chain Flexibility Product Cycles 1. Market includes hardware, software, materials and p
Slide 10: Additive Manufacturing is Transforming Existing Industries
Additive Manufacturing is Transforming Existing Industries… Aerospace & Defense Automotive Healthcare Low Volume Interior Components Faster Product Development Patient Specific Devices & Implants Light-weighting & Complex Tooling Aids Digital Dentistry Geometries for Structural Components Complex Ge
Slide 11: And Creating Entirely New Ones
And Creating Entirely New Ones… Bioprinting for Laboratory Applications Regenerative Medicine for Human Applications Academic Labs for the Study of Regenerative Solid human organs to address critical illness and Medicine (printers & consumables for research) extend life (lungs, livers, kidneys, othe
Slide 12: Leading and Differentiated in the Market
Leading and Differentiated in the Market Larger Point Competitors Solutions Application expertise and advanced SOME manufacturing proving grounds Robust range of technologies in polymers and metals Scale and footprint to serve global organizations Software to manage additive SOME LIMITED manufacturi
Slide 13: Our Strategic Focus
Our Strategic Focus Purpose Business Strategy Deliver leading additive solutions for industrial and Enhance core Healthcare and Industrial businesses & healthcare applications expand Software and RegMed Grow Gross Profit Faster Than Revenue Execution Strategic Focus New Solution Revenue Recurring Re
Slide 14: Most Comprehensive Product Portfolio in the Industry
Most Comprehensive Product Portfolio in the Industry 9 Printer Platforms 80+ Application Engineers 10 Application Software Solutions Solution 130+ 37 Materials Printer Models 14 ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 15: Our Solutions Approach Leverages Our Significant Scale
Our Solutions Approach Leverages Our Significant Scale Explore Innovate Develop Validate Produce Scale Strategic consulting Joint applications QA and process Training, validation, Production and Scale up and to identify customer development and characterization and certification manufacturing techno
Slide 16: Capabilities to Solve Problems in Multiple Large Segments
Capabilities to Solve Problems in Multiple Large Segments Automotive Aerospace Manufacturing Healthcare Bioprinting 16 ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 17: Advancing Innovation Through Our Culture
Advancing Innovation Through Our Culture 01 Attracting Industry Experts 02 Expanding Talent Diversity Application 03 Enabling an Inclusive Workplace Solution 04 Developing Leaders of the Future 05 Modernizing Ways of Working 17 ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 18: Sustainability Programs
Sustainability Programs Vison  Innovating for a Sustainable World People Climate Waste Advancing innovation Developing solutions to use Implementing actions to reduce through our people resources responsibly and eliminate waste Diversity & Reduce Reduce Inclusion Energy Waste Talent Climate Waste T
Slide 19: Investment Thesis
Investment Thesis 3D Differentiators Large and growing AM Market 01 Relentless AM application focus in high value markets Serviceable Market 1 02 Broadest range of hardware (metal ~$6 billion+ and polymer), software and materials 03 Scale to support customer needs from inception to fleet production
Slide 21: Agenda
Agenda Healthcare Solutions Critical Healthcare Challenges 3D Printing Better Group at a Glance and Our Approach Medical Devices Personalizing Medicine… Personalizing Medicine… Accelerating Pharmaceutical with OEM’s at the Point of Care Development 21 ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 22: 30+ Years of Healthcare Industry Leadership
30+ Years of Healthcare Industry Leadership 150K+ 2M+ 100+ Patient-matched cases Medical devices FDA cleared & CE marked & devices delivered manufactured devices supported 1500+ 100+ Engineers dedicated to Patents applied/granted patient-specific applications Partners to category leaders in dental,
Slide 23: Broadest Coverage in Industry and Expanding
Broadest Coverage in Industry…and Expanding Growing in Today’s Markets Identifying and Penetrating New Markets Orthopedics Craniomaxillofacial Dental Radiation Oncology 23 ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 24: Strong Business Performance & Attractive Markets
Strong Business Performance & Attractive Markets Healthcare 20% $274m Strong Segment 2019-2021 CAGR 1 2021 Revenue 1 margins Growing in Today’s Markets Emerging Business Medical Devices Dental Bioprinting 41% 59% • Drug Discovery & Development of 2021 Segment Revenue 1 of 2021 Segment Revenue 1 • Re
Slide 25: Compelling Growth
Compelling Growth Healthcare Segment Revenues1 5% $64M 40% $274M $62M $196M 2020 2021 Q1 2021 Q1 2022 1. Adjusted for divestitures 25 ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 26: Challenges in Healthcare Today
Challenges in Healthcare Today Escalating Outcome Ageing Greater Cost1 shortfalls Demographics Patient Expectations 2x CPI 14% Age 65+ Quality of life population to expectations despite Hip & knee overall hospital grow from replacement readmission rate increase costs 48m88m in lifestyle / degenerat
Slide 27: Well-Positioned to Address Challenges
Well-Positioned to Address Challenges Escalating Outcome Ageing Greater Cost1 shortfalls Demographics Patient Expectations 2x CPI 14% Age 65+ Quality of life Hip & knee Enabled through 3D Printing to overall hospital population expectations despite grow from replacement readmission rate increase cos
Slide 28: 3D Printing Better Medical Devices
3D Printing Better Medical Devices Subtractive manufacturing challenges Non-personalized Devices 01 Production cost 02 Bone regrowth and time of implant stability 03 Patient discomfort and joint performance 1,000s of different products 28 ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 29: Comprehensive and Flexible Approach for Medical Device OEM's
Comprehensive and Flexible Approach for Medical Device OEM’s Explore Innovate Develop Validate Produce Scale Strategic consulting to Joint applications QA and process Training, validation, and Production and Scale up and technology identify customer needs development and design characterization from
Slide 30: Personalizing Medicine Amplifies Patient Benefits and Efficiencies
Personalizing Medicine Amplifies Patient Benefits and Efficiencies Craniomaxillofacial Orthopedic Radiation Oncology Dental 30 ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 31: Two Decades of Virtual Surgical Planning Experience
Two Decades of Virtual Surgical Planning Experience Driving our Efforts in Key Markets Patient Data Plan Design Manufacture Inspect Deliver 31 ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 32: Identifying and Penetrating New Segments
Identifying and Penetrating New Segments Radiation Oncology “The implemented workflow is feasible, patient friendly, safe, and results in high quality dose distributions. This new technique increases time efficiency.” 32 ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 33: Sound Fundamentals Continue Fueling Dental Adoption of 3D Printing
Sound Fundamentals Continue Fueling Dental Adoption of 3D Printing Traditional 3D Printed Casting / Milling Workflow Wasted materials & increased cost Predictable, low-waste digital workflow Complex process reliant on operator skill Cost reductions up to 75% Design flexibility limitations Up to 60%
Slide 34: Uniquely Positioned in Light of Market Leading Breadth and Experience
Uniquely Positioned in Light of Market Leading Breadth and Experience Proven and trusted end-to-end workflows Scan Software Printer Material Post Curing Processing Fully integrated Broadest printer portfolio & certified solution enables seamless Innovative market- adoption leading materials In-house
Slide 35: Enabling the Broadest Range of Indications
Enabling the Broadest Range of Indications Customer and 3D Systems Solution Application OEM/Large Dental Lab Mid/Small Dental Lab DSO/ Dental Clinic Orthodontics Prosthodontics Implantology ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 36: Point of Care Adoption Driven by Sound Fundamentals
Point of Care Adoption Driven by Sound Fundamentals 01 02 03 04 05 Improved patient Less time in the Reduced costs Supply chain control Address unmet patient outcomes operating room needs Nascent market poised for rapid growth pending reimbursement and regulatory considerations 36 ©2022 3D Systems,
Slide 37: Deploying the Industry's Broadest Range of Solutions
Deploying the Industry’s Broadest Range of Solutions Broadest Solutions Range in Market Flexible Deployment Model Surgical On-site Managed Services Planning Implants Collaborative Solutions Broadest Solutions Software Instruments Range in Market Training and Deployment Printers & Anatomical Material
Slide 38: First-to-Market Opportunity in Point of Care
First-to-Market Opportunity in Point of Care Anticipating first-to-market regulatory clearance for 3D printed PEEK Suitable for in-hospital placement Leverages 3D Systems market leadership Spinal Implants (PEEK + resorbable inlay) • Titanium spinal implant business • New materials expertise Spinal T
Slide 39: Limitations of Current Pharmaceutical Development Model
Limitations of Current Pharmaceutical Development Model 9 in 10 Drugs fail clinical trials $2.6b Per drug approved 12 years For FDA approval Bioprinted human tissue offers compelling alternative 39 ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 40: Bioprinting to Accelerate and Address Current Pharmaceutical Development Limitations
Bioprinting to Accelerate and Address Current Pharmaceutical Development Limitations Advantages of Bioprinting Added complexity earlier in the testing process Potential to scale up for high-throughput screening Path towards reduction of animal testing 40 ©2022 3D Systems, Inc. | All Rights Reserved
Slide 41: 3D Systems Engagement Model Taking Shape
3D Systems Engagement Model Taking Shape Research Platform 500+ labs, 40+ countries 200+ user publications Go-to-Market Approach Product Sales Drug Discovery & Development Services Pharmaceutical partnerships Breakthrough technology for use in preclinical drug discovery and development Opportunities
Slide 42: Key Takeaways
Key Takeaways Strong market trends Industry leading expertise Robust pipeline of around patient specific in healthcare – from opportunities provides solutions and technology portfolio to long-term tailwind for transformative delivery applications and growth models regulatory expertise 42 ©2022 3D Sy
Slide 44: Macro Trends Drive Growth Opportunity for Additive
Macro Trends Drive Growth Opportunity for Additive Connected Factory Productivity Deglobalization Cost Management Speed to Market Sustainable Solutions 44 ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 45: Attractive Addressable Markets with High Growth Potential
Attractive Addressable Markets with High Growth Potential Serviceable Addressable Market 1 $350m $1.2b $250m $225m Aerospace & Defense Transportation & Motor Sports Semiconductor Consumer Technology $300m $200m $180m $200m Energy Jewelry Academic & Research Service Bureaus $3B Production Target Mark
Slide 46: Vertical & Application Focus to Build Customer Capabilities
Vertical & Application Focus to Build Customer Capabilities Speed to Market & Efficient Design Freedom & Innovation Intelligent Manufacturing Supply Chain Functional Mass Advanced Optimized Energy Part Strength & Light End to End Prototype & Low Automation Customization Material for AM & Fluid Flow
Slide 47: Growth Drivers: Improved Material Properties, Application Development and System Productivity
Growth Drivers: Improved Material Properties, Application Development and System Productivity High Current Growth Opportunities Future Growth Patterns for Mass Customized Jewelry Direct Electrical Connector Production Bridge Manufacturing Small Plastic Part Production with Advanced Materials Commerc
Slide 48: Semiconductor
Semiconductor Production capability Manifold Fluid Flow Achieved 24/7 uptime with DMP Flex 350, while increasing capacity, flexibility, and reducing inventory Business Need Performance HX Mixer 50% lighter parts and 90% reduction in Wilting Components B.V., a Tier I supplier to flow disturbance forc
Slide 49: Semiconductor Technology Transfer to Wilting (Tier I Supplier)
Semiconductor Technology Transfer to Wilting (Tier I Supplier) Explore Innovate Develop Validate Produce Scale OEM Tier I Determine Develop and optimize 3D Systems produce 3D Systems validates Bridge production by Wilting running AM at opportunities for applications. prototypes and pre- AM processes
Slide 50: Motorsports
Motorsports Business Need Advanced Materials & Superior Strength-to- Weight “The Supercar Gearbox that is set to change the automotive industry. Productive Platforms for Improved Incredibly light and hardwearing, breaking all the rules as to how a Economics gearbox can be designed and made.” Rapid A
Slide 51: Jewelry
Jewelry Business Need Production capability with batches of 100% wax Based in Vicenza, Italy, IMO is a reference supplier jewelry patterns at factory scale with 24/7 operation. for some of the most notable jewelry brands in the world. The company performs the complete Lead time. 60-100 wax patterns
Slide 52: Space Propulsion
Current Growth Polymers – Space Propulsion Quickcast / Wax Metals - DMP Brackets Injectors* Business Need Complex designs Improved supply chain Reduced weight Housings Additive Solution Additive Casting Workflows Direct Metal Printing (DMP) Thrust Chambers Exceptional design flexibility Reduced weig
Slide 53: Proven Ability to Drive Growth
Proven Ability to Drive Growth Industrial Segment Revenues1 24% $270M $217M 16% $69M $59M 2020 2021 Q1 2021 Q1 2022 1. Adjusted for divestitures; percentages may not foot due to rounding 53 ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 54: Key Takeaways
Key Takeaways Large & expanding market Deep application expertise Full solution of application, opportunities generated within key verticals material, software, and by advances in material provides platform for systems enables deep properties and system ongoing growth customer engagement productivit
Slide 56: Intro
Intro Former Professor in Machine Learning, previously managing advanced manufacturing at Autodesk, co-founder and CEO of Oqton $6T manufacturing industry is being disrupted Smaller batch sizes, shorter time to market Waterfall model with disconnected software silos Complex processes and shift in la
Slide 57: Software Enables Accelerating the Adoption of Additive
Software Enables Accelerating the Adoption of Additive Pre-sales/engineering Machine Material Operator Post-processing Software can reduce cost 10x Discovery Productivity Quality 57 ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 58: Software Enables Accelerating the Adoption of Additive: Discovery
Software Enables Accelerating the Adoption of Additive Discovery Business Case Assess which use cases can be benefit from additive, estimating cost and feasibility Process Control machines from software in ways that enables more use cases: reducing support structures, increasing accuracy, reducing f
Slide 59: Software Enables Accelerating the Adoption of Additive: Productivity
Software Enables Accelerating the Adoption of Additive Productivity Integrate Integrates several internal business systems with the production environment, enabling a singular view, a real digital thread Automate Leverage AI to automate repetitive engineering tasks: quoting, build preparation, nesti
Slide 60: Software Enables Accelerating the Adoption of Additive: Quality
Software Enables Accelerating the Adoption of Additive Quality Process Monitor the additive process using visual, thermal or melt-pool techniques and analyse in context Material CT scanned quality control can be used to non-destructively asses part quality and be be visualized in context Geometrical
Slide 61: Manufacturing OS—Accelerating Intelligent Manufacturing
Manufacturing OS—Accelerating Intelligent Manufacturing Manufacturing OS—Accelerating Intelligent Manufacturing Design Prepare Simulate Schedule Monitor Analyze Trace Finish Inspect Certify Powered by AI 61 ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 62: Focus through business verticals
Focus through business verticals Dental • Automated 3D printing and CNC programming • Crown and bridge, dentures, clear aligner Medical • Full Part 11 compliant traceability • Implants, surgical guides, instruments (Internal) Service Bureau • Full order tracking, MES, integrated preparation • All ty
Slide 63: Open Ecosystem
Open Ecosystem Customer reality is a heterogeneous environment Oqton is an open and neutral platform Deeply integrates with all major 3D printer vendor hardware and software Automates complete process: post-processing, heat treatment, machining, wire EDM, surface treatment, dying, … Several partners
Slide 64: Acquisition: Neutral, Accelerate, Expand
Acquisition: Neutral, Accelerate, Expand Neutral Separate business unit for software, data firewall to guarantee neutrality Accelerate Big focus to grow to significant software business Expand Added all 3D Systems software asset: 3DXPert, 3DSprint, Geomagic 64 ©2022 3D Systems, Inc. | All Rights Res
Slide 65: Unified Software Strategy
Unified Software Strategy Manage Oqton Manufacturing Operating System (MOS) Oqton Powered By + Wrap DesignX Integration Services Scanner Design 3rd Party Scanners + Freeform + Simulation Integration Services Build Preparation Services Equipment Simulation Services Industrial Oqton Sprint Advanced Mf
Slide 66: Engineering & Application Innovation: David Leigh
Investor Day Engineering & Application Innovation David Leigh Executive Vice President, Chief Technology Officer Additive Manufacturing 66 ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 67: Our Technology Evolution
Our Technology Evolution 3D Systems technology portfolio is the product of years of technology development efforts plus multiple acquisitions 1987 2001 2014 Launch of Acquisition of DTM Acquisition of SLA-1 Printer & SLS Platform Layerwise to launch DMP Platform 1980s 1990s 2000s 2010s Today 1996 20
Slide 68: Overview of Additive Manufacturing Application Innovation and Engineering
Overview of Additive Manufacturing Application Innovation and Engineering 300+ people in 6 primary locations Centers of excellence in materials, jetting, photo polymers, laser sintering and metals Centers in Littleton, CO; Rock Hill, SC; and Leuven, Belgium supporting advanced application developmen
Slide 69: Solutions to Address a Range of Additive Needs
Solutions to Address a Range of Additive Needs Robust and complete line of additive manufacturing printers across six platforms Direct Metal Printers SLA Printers 130+ materials for a range of applications Complete software portfolio including firmware and additional value-added software packages Fi
Slide 70: Solutions to Address a Range of Additive Needs
Solutions to Address a Range of Additive Needs Robust and complete line of additive manufacturing printers across six platforms 130+ materials for a range of applications Complete software portfolio including firmware and additional value-added software packages Figure 4 Printers Extrusion Printers
Slide 71: SLA SLS DMP Product Roadmap 2021-2023
2021 2022 2023 SLA SLA 750 SLA 750 Dual SLA Small Frame Refresh SLS SLS 380 SLS Performance Refresh DMP DMP Flex 350 Dual DMP 500 Flex Figure 4 Fig4 Materials Fig4 Expansion (Bio and Industrial Applications) MJP MJP Stabilization Enhanced MJP Project CJP CJP Reboot Extrusion ©2022 3D Systems, Inc. |
Slide 72: Maturing a Legacy Development Process
Maturing a Legacy Development Process Expensive to Engineer Independently No Reuse of Common Developed Platforms Subsystems Slow Monolithic No Use of Iterative Poor Application Focus Development Process Development Cadence No Leverage of Parts Costs Across Platforms Component EOL = Re-engineering VS
Slide 73: Leveraging a Modern Approach to Engineering
Leveraging a Modern Approach to Engineering Build to Deliver Manage for Speed Application and Customer First Tightly aligned engineering and Competitive advantage through Embedded product management to supply chain increased pace of development tie segment needs, application development and engineer
Slide 74: Build to Deliver
1 Build to Deliver Products Architected For Simplification and Standardization Silo Approach Slow and Higher Cost Common components and reuse SLA 750 ProX 950 ProX 6100 MJP 2500 Traditional Component B Component B Component B Component B Component C Component C Component C Component C Component A Co
Slide 75: Manage for Speed
2 Manage for Speed Refreshed portfolio every 12 – 18 months with backward compatibility in the field Outcomes Waterfall Final Outcome Launch new-exciting concepts at trade shows Requirements Design Development Testing Deployment Regular Release Schedule Agile Quick iterations – customer focused Mult
Slide 76: Application and Customer First
3 Application and Customer First Organizational Structure Enables a Modern Development Siloed Development Poor Application Focus Process CTO HSG/ISG Traditional Market Segment Integrated teams enable agile development Development Management Engineering Application Product Product Iterative Realtime
Slide 77: Materials
Materials Translating successful products from Figure 4 to SLA Figure 4 PRO-BLK 10 Accura AMX Rigid Black Figure A Tough 60C White Accura AMX Durable Natural Production-grade, rigid material for Production-grade resin featuring long- White plastic for long-term use parts Production-grade resin featu
Slide 78: Application Innovation Group
Application Innovation Group Innovation and Expertise to Fast Track ROI Function An internal team of experts that accelerate the development of advanced applications and innovative manufacturing solutions. Key Advantage We give our customers a competitive edge in accelerating the adoption of additiv
Slide 79: Customer Input & Feedback
Customer Input & Feedback Fast prototyping Validate assumptions as early as possible Identify market opportunity Prospective customers Journey map of existing process Journey map of new/aspirational process Customer workflow Iterate Lean prototype (beta ≤1) Test Spec/MRD Develop & Test (multiple cyc
Slide 81: Key Takeaways
Key Takeaways Broad technology Enhanced Move towards modular portfolio across development components provides hardware, software processes accelerates efficiency and product and materials speed of innovation cost improvements 81 ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 82: Translation to Financial Performance: Wayne Pensky
Investor Day Translation to Financial Performance Wayne Pensky Interim Chief Financial Officer 82 ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 83: Strong Progress Towards Long Term Goals in 2021
Strong Progress Towards Long Term Goals in 2021 Divestitures created a focused business positioned for success $544M 32% / 17% 2021 FY Revenue 1 Revenue growth versus 2020 and 2019 1 Revenue outperformed 2020 and pre-pandemic 2019 43.0% 2021 FY Gross Margin 1 Gross margin improvements reflects outst
Slide 84: Balanced and Resilient Revenue Profile
Balanced and Resilient Revenue Profile 2021 Recurring Revenue1 2021 Segment Revenue1 36% Recurring Healthcare 50% 50% Non-Recurring Industrial 64% ~2/3rd of revenue is recurring, primarily driven by materials, services and software businesses 1. Adjusted for divestitures 84 ©2022 3D Systems, Inc. |
Slide 85: Recurring Revenue Business Model Creates Value
Recurring Revenue Business Model Creates Value Multiple opportunities to drive lifetime revenue ~4X Production applications Software Enhanced services Materials 1X Printers Software Services Materials Total Average Single Printer Lifetime Revenue 85 ©2022 3D Systems, Inc. | All Rights Reserved.
Slide 86: 2022 Investments Drive Multiple Growth Opportunities
2022 Investments Drive Multiple Growth Opportunities Driving Double Digit Revenue Growth Relentless AM application focus in high value markets Maintain and enhance broadest technology portfolio • Product refreshes position 3D Systems technology as the best balance of cost and functionality • Investm
Slide 87: Application Innovation Fuels Long-Term Growth
Application Innovation Fuels Long-Term Growth Electric Vehicles Heat Exchangers Orthopedics Point-of-Care Motorsports Organ Printing Drug Development Jewelry Craniomaxillofacial Breast Reconstruction Semiconductors Dental Personalized Medicine Connectors Oil & Gas Aerospace Emerging Applications Est
Slide 88: Scale Fuels Growth
Scale Fuels Growth Distribution of Customer Fleet Size Distribution of 2021 Printer Sales Number of Printers by Size of Customer Fleet1 >8,500 >7,000 New Customer 47% >3,500 53% Existing Customer >1,500 >400 customers customers 1 2-4 5+ Number of printers owned 11% 5-YR CAGR of Fleet Customers 2 1.
Slide 89: Long-Term Financial Targets
Long-Term Financial Targets Growth Drivers Expanding market opportunities drive printer sales 2027 Targets Growth of software to manage end-to-end: design, print and production management Revenue $1 Billion Materials / services consumption Gross Margin 50% Margin Improvements Driven By R&D 10% Print
Slide 90: Why 3D Systems?
Why 3D Systems? Expanding Relentless AM Focused Demonstrated Targeting margins application business + double-digit $1B revenue through focus in high strong balance revenue in 5 years scale, mix, value markets sheet to growth refreshed support growth product portfolio 90 ©2022 3D Systems, Inc. | All
Slide 94: Presentation of Information
Presentation of Information 3D Systems reports its financial results in accordance with GAAP. Management also reviews and reports certain non-GAAP measures, including: non-GAAP revenue, non-GAAP Gross profit, non-GAAP Gross profit margin, non-GAAP SG&A, adjusted EBITDA and adjusted EBITDA Margin. No
Slide 95: Unaudited Reconciliation of Prior Years Revenue Excluding Divestitures, 2019-2021
Unaudited Reconciliation of Prior Years Revenue Excluding Divestitures, 2019-2021 (non-GAAP) (in millions) 2019 2020 2021 Revenue Healthcare $ 244.5 $ 246.4 $ 306.2 Industrial 391.9 310.8 309.4 Total Revenue 636.3 557.2 615.6 Revenue From Divestitures: Healthcare 53.2 50.5 31.8 Industrial 118.1 94.1
Slide 96: Unaudited Reconciliations of GAAP to Non-GAAP measures (2020)
Unaudited Reconciliations of GAAP to Non-GAAP measures For the year ended December 31, 2020 (in millions, except per share data) 2020 2020 Amortization, Legal, acquisition Impairment of stock-based Cost optimization Product end of Goodwill GAAP and divestiture - cost-method Non-GAAP compensation & p
Slide 97: Unaudited Reconciliations of GAAP to Non-GAAP measures (2021)
Unaudited Reconciliations of GAAP to Non-GAAP measures For the year ended December 31, 2021 (in millions, except per share data) 2021 2021 Amortization, Legal, acquisition stock-based Cost optimization Product end of GAAP and divestiture - Non-GAAP compensation & plan life adjustment related(2) othe
Slide 98: Non-GAAP Operating Income to Adjusted EBITDA Reconciliation
Non-GAAP Operating Income to Adjusted EBITDA Reconciliation For the years ending December 31, 2021 and 2020 2021 2020 Revenue $ 615.60 $ 557.20 Non-GAAP Operating Income 49.8 0.3 Depreciation 24.3 28.4 Adjusted EBITDA $ 74.1 $ 28.7 Adjusted EBITDA Margin 12.0% 5.2% 98 ©2022 3D Systems, Inc. | All Ri
Slide 99: Reconciliation of GAAP Operating Income to Adjusted EBITDA excluding Divestitures
Reconciliation of GAAP Operating Income to Adjusted EBITDA excluding Divestitures For the years ending December 31, 2021 and 2020 2020 2021 GAAP Operating Income (Loss) $ (119.0) $ (33.1) plus: Adjustments from GAAP to Non-GAAP 119.4 82.8 less: Operating Income from Divestitures (34.6) (16.2) Non-GA

3D Systems — Investor Day (May 2022) on 6ix

3d Systems — Investor Day (May 2022)

Slide 1: Investor Day

Slide 2: Investor Relations: Melanie Solomon

Slide 3: Forward Looking Statements

Slide 4: Jeff Graves, Chief Executive Officer

Slide 5: An Exciting Agenda for Today

Slide 6: Strong Executive Leadership Team

Slide 7: 3D Systems: Company Rebirth for an Even Stronger Future

Slide 8: 3D Systems: Who We Are and Who We Serve

Slide 9: Advantages of Additive Drive Industry Growth

Slide 10: Additive Manufacturing is Transforming Existing Industries

Slide 11: And Creating Entirely New Ones

Slide 12: Leading and Differentiated in the Market

Slide 13: Our Strategic Focus

Slide 14: Most Comprehensive Product Portfolio in the Industry

Slide 15: Our Solutions Approach Leverages Our Significant Scale

Slide 16: Capabilities to Solve Problems in Multiple Large Segments

Slide 17: Advancing Innovation Through Our Culture

Slide 18: Sustainability Programs

Slide 19: Investment Thesis

Slide 20: Healthcare Solutions: Menno Ellis

Slide 21: Agenda

Slide 22: 30+ Years of Healthcare Industry Leadership

Slide 23: Broadest Coverage in Industry and Expanding

Slide 24: Strong Business Performance & Attractive Markets

Slide 25: Compelling Growth

Slide 26: Challenges in Healthcare Today

Slide 27: Well-Positioned to Address Challenges

Slide 28: 3D Printing Better Medical Devices

Slide 29: Comprehensive and Flexible Approach for Medical Device OEM's

Slide 30: Personalizing Medicine Amplifies Patient Benefits and Efficiencies

Slide 31: Two Decades of Virtual Surgical Planning Experience

Slide 32: Identifying and Penetrating New Segments

Slide 33: Sound Fundamentals Continue Fueling Dental Adoption of 3D Printing

Slide 34: Uniquely Positioned in Light of Market Leading Breadth and Experience

Slide 35: Enabling the Broadest Range of Indications

Slide 36: Point of Care Adoption Driven by Sound Fundamentals

Slide 37: Deploying the Industry's Broadest Range of Solutions

Slide 38: First-to-Market Opportunity in Point of Care

Slide 39: Limitations of Current Pharmaceutical Development Model

Slide 40: Bioprinting to Accelerate and Address Current Pharmaceutical Development Limitations

Slide 41: 3D Systems Engagement Model Taking Shape

Slide 42: Key Takeaways

Slide 43: Industrial Solutions: Reji Puthenveetil

Slide 44: Macro Trends Drive Growth Opportunity for Additive

Slide 45: Attractive Addressable Markets with High Growth Potential

Slide 46: Vertical & Application Focus to Build Customer Capabilities

Slide 47: Growth Drivers: Improved Material Properties, Application Development and System Productivity

Slide 48: Semiconductor

Slide 49: Semiconductor Technology Transfer to Wilting (Tier I Supplier)

Slide 50: Motorsports

Slide 51: Jewelry

Slide 52: Space Propulsion

Slide 53: Proven Ability to Drive Growth

Slide 54: Key Takeaways

Slide 55: Oqton: Ben Schrauwen

Slide 56: Intro

Slide 57: Software Enables Accelerating the Adoption of Additive

Slide 58: Software Enables Accelerating the Adoption of Additive: Discovery

Slide 59: Software Enables Accelerating the Adoption of Additive: Productivity

Slide 60: Software Enables Accelerating the Adoption of Additive: Quality

Slide 61: Manufacturing OS—Accelerating Intelligent Manufacturing

Slide 62: Focus through business verticals

Slide 63: Open Ecosystem

Slide 64: Acquisition: Neutral, Accelerate, Expand

Slide 65: Unified Software Strategy

Slide 66: Engineering & Application Innovation: David Leigh

Slide 67: Our Technology Evolution

Slide 68: Overview of Additive Manufacturing Application Innovation and Engineering

Slide 69: Solutions to Address a Range of Additive Needs

Slide 70: Solutions to Address a Range of Additive Needs

Slide 71: SLA SLS DMP Product Roadmap 2021-2023

Slide 72: Maturing a Legacy Development Process

Slide 73: Leveraging a Modern Approach to Engineering

Slide 74: Build to Deliver

Slide 75: Manage for Speed

Slide 76: Application and Customer First

Slide 77: Materials

Slide 78: Application Innovation Group

Slide 79: Customer Input & Feedback