Siltronic Ag · XETR:WAF
Siltronic — Siltronic Ag Ord — Q2 2026 Earnings Presentation
13 slides from Siltronic's earnings presentation, Jul 30, 2026
Slide 1: Q2 2026 Demand Momentum Improving
Q2 2026 DEMAND MOMENTUM IMPROVING Michael Heckmeier & Claudia Schmitt July 30, 2026 © Siltronic AG
Slide 2: Key Messages of Today's Call
KEY MESSAGES OF TODAY'S CALL Demand recovery is Q2 2026 improved sequentially gaining traction Successful capital increase Sales guidance edged up and MDAX re-entry 2 Q2 2026 Conference Call Presentation © Siltronic AG
Slide 3: Q2 2026: Higher Wafer Volume Drove Sales Growth
Q2 2026: HIGHER WAFER VOLUME DROVE SALES GROWTH 322 39 Sales in EUR mn Capex in EUR mn 5% vs. Q1 2026 Focus on 300 mm 21.6 -27 EBITDA margin in % Net cash flow in EUR mn Q1 2026: 21.2% Q1 2026: EUR -90 mn -52 650 EBIT in EUR mn Liquidity in EUR mn Q1 2026: EUR -52 mn Dec 31, 2025: EUR 534 mn 3 Q2 20
Slide 4: Financials Q2 2026
FINANCIALS Q2 2026 Gradual demand recovery supports Q2 improvement 4 Q2 2026 Conference Call Presentation © Siltronic AG
Slide 5: Successful Capital Increase
SUCCESSFUL CAPITAL INCREASE SIZE CAPITAL INCREASE PRICE METHOD EUR 273 mn 10% EUR 91.00 ABB of existing share capital ~7% discount to prior day's Accelerated Bookbuilding, Gross issuance proceeds (3.0m new shares) closing price subscription rights excluded Use of Proceeds Investor Base Quality o Sup
Slide 6: Higher Wafer Shipments and Improved Fixed-Cost Absorption Support Sequential Improvement
HIGHER WAFER SHIPMENTS AND IMPROVED FIXED-COST ABSORPTION SUPPORT SEQUENTIAL IMPROVEMENT Profit & Loss, in EUR million Comments qoq1 n Q2 2026 Q1 2026 H1 2026 Sales o Sales up 4.9% on higher wafer area sold Sales 322 307 628 o Pricing, product mix and FX effects (EUR/USD 1.16 vs. 1.17) Gross profit
Slide 7: Capital Increase Strengthens Financial Position
CAPITAL INCREASE STRENGTHENS FINANCIAL POSITION Balance Sheet Composition, in EUR million Comments1 June 30, 2026 Dec 31, 2025 Fixed Assets EUR -93 mn ○ Mainly reflecting depreciation exceeding capex Assets 4,859 4,761 Fixed Assets 3,621 3,714 Cash & Securities EUR +116 mn ○ Capital increase proceed
Slide 8: Strong Liquidity Position and Balanced Debt Maturity Profile
STRONG LIQUIDITY POSITION AND BALANCED DEBT MATURITY PROFILE Debt Financing Instruments Maturity Profile of Debt Financing in EUR million in EUR million H2 ∑ 2029 Syn loan SGP 2026 2027 2028 – 2033 Prepayments 127 229 of around EUR 10 mn expected to be Syn loan 63 250 220 790 253 refunded in 2026 EI
Slide 9: Outlook 2026
OUTLOOK 2026 9 Q2 2026 Conference Call Presentation © Siltronic AG
Slide 10: End Markets (Pre Inventory) Expected to Grow by 7 Percent
END MARKETS (PRE INVENTORY) EXPECTED TO GROW BY 7 PERCENT Growth in Wafer Area Consumption, in % yoy Server Split wafer consumption driven by AI 2025 2026e by end use in 2025 21% Smartphones 3% -11% 18% Servers 30% 46% 16% Automotive 18% 3% Cars with continued 14% PCs 12% -10% moderate growth 13% In
Slide 11: Volume Demand Recovery Evident, Non-LTA Prices Below Reinvest Level
VOLUME DEMAND RECOVERY EVIDENT NON-LTA PRICES BELOW REINVEST LEVEL 300 mm 200 mm Product Mix Total Power subdued 2026 (200 mm) Volume H1 2026 FX Sluggish Wafer area negative yoy impact demand 2026 increasing yoy expected (EUR/USD FY Strong H2 2026 despite SD closure 25 1.13, H1 26 1.17) Strong H1 20
Slide 12: 2026 Sales Guidance Edged Up
2026 SALES GUIDANCE EDGED UP Sales EBIT Low to mid-single digit below 20251 Significantly below the previous year like for like on or slightly above 20252 EBITDA margin Capex Between 20% and 24% Between EUR 180 and 220 mn Depreciation Net Cash Flow Between EUR 490 and 520 mn In the range of the prev
Slide 13: Financial Calendar and Events; Investor Relations Contact
Financial Calendar and Events September 1, 2026 September 2/3, 2026 September 21, 2026 September 24, 2026 COMMERZBANK & ODDO Deutsche Bank European Berenberg and Goldman Baader Investment BHF Corporate TMT Conference, London Sachs, German Corporate Conference, Munich Conference, Ffm Conference, Muni