Slide 1: Silex Interim Report April - June 2026
Silex Interim Report April - June 2026 Strong growth and profitability IPO and U.S. fab acquisition support continued expansion Edvard Kälvesten, President, CEO and Founder Maria Engström, CFO
Slide 2: Disclaimer
Disclaimer This presentation may contain forward-looking statements which reflect Silex Microsystems AB’s current view on future events and financial and operational development. Words such as “intend”, “expect”, “anticipate”, “may”, “believe”, “plan”, “estimate” and other expressions which imply in
Slide 3: Q2 2026 Highlights
Q2 2026 Highlights ▪ Successful listing at Nasdaq Stockholm 7th of May ▪ Financing secured for continued future growth ▪ Strong growth and profitability ▪ Stable and growing customer demand, particularly within optical switches for datacenters ▪ Expansion in the U.S. creating new business opportunit
Slide 4: Silex – the first choice for some of the world’s greatest innovators
Silex – the first choice for some of the world’s greatest innovators 1. 2. 3. 4. Swedish heritage, Pure-play Broad range of World’s leading firms global mindset MEMS foundry MEMS capabilities rely on Silex to power and technologies their innovations #1 19% Sales ~ 500 Global Growth Employees MEMS fo
Slide 5: MEMS exists in all modern devices and applications across industries
MEMS exists in all modern devices and applications across industries Medical devices What is MEMS? MEMS stands for “Micro Electromechanical Systems” DNA analysis Medical sensors & implantables ▪ MEMS technology leverages Drug delivery IC semiconductor Medical imaging manufacturing processes to integ
Slide 6: Key figures Q2 2026
Q2 2026 Key figures Net Sales Q2, SEKm EBIT Q2, SEKm Cash Flow from operating activities Q2, SEKm 393 27.3% growth YoY 134 34.0% margin 123 LTM SEKm 431 ▪ Currency adjusted growth 31.8% (12.3). ▪ Strong sales driven primarily from end markets Telecommunication (OCS) and Consumer electronics (AR/VR).
Slide 7: Net sales
Net sales Per geography Per end market Per product category Europe Consumer Development Asia Telecom Production North America Industrials & Automotive RoW Life Science & Medical SEKm SEKm SEKm 393 393 393 309 6 309 71 309 7 192 42 75 240 170 73 168 134 31 100 35 201 116 140 97 94 112 Q2 25 Q2 26 Q2
Slide 8: Market update Q2 2026
Market update Q2 2026 AI infrastructure continues The announced expansion of Across all end markets, to accelerate demand for Silex into the U.S. has increasing device optical networking generated increased interest complexity and higher technologies, including high- from North American performance
Slide 9: MEMS Foundries Ranking
MEMS Foundries Ranking Revenue deriving from MEMS manufacturing, USDm Silex 2024 2025 Others 2024 2025 160 140 120 100 80 60 40 20 0 © Yole Intelligence, June 2026 Silex Interim Report 8 April - June 2026
Slide 10: Expansion initiatives
Expansion initiatives United States Järfälla, Sweden ▪ Binding agreement signed to acquire a semiconductor ▪ Järfälla cleanroom expansion progressing according to manufacturing facility in Pennsylvania, establishing Silex's U.S. plan, with approximately 35% additional production manufacturing footpr
Slide 11: Silex acquires semiconductor fab in Mountain Top, Pennsylvania
Silex acquires semiconductor fab in Mountain Top, Pennsylvania • Signed a definitive agreement to acquire a 200 mm integrated circuit fab in Mountain Top, Pennsylvania, from Onsemi. • Follows the non-binding letter of intent previously disclosed in Silex’s Prospectus. • Structured as an asset purcha
Slide 12: Recap: Key building blocks in Silex’s growth strategy
Recap: Key building blocks in Silex’s growth strategy 1 Continued focus on key end markets 2 Continued investments in innovation and capacity 3 IPO unlocking untapped segments and verticals 4 U.S. expansion 5 Establishing the world’s first 12” pure-play MEMS foundry (medium term)1) Silex Interim Rep
Slide 13: Timeline, financial impact and investments
Timeline, financial impact and investments 2026 2027 2028 Binding agreement signed. Expected closing around Continued establishment of MEMS operations. year-end 2027. Silex gains access to premises and begins establishing MEMS Silex gains ownership and Product qualifications, operations. scales up p
Slide 14: Financial summary
Financial summary Maria Engström, CFO Silex Interim Report 13 April - June 2026
Slide 15: Net sales
Net sales Net sales Q2, SEKm 450 YoY +27% 403 393 400 375 339 350 309 300 250 200 150 100 ▪ Net sales of SEKm 393, up 27.3% year-on-year (31.8% 50 currency-adjusted). 0 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 ▪ Strong demand for development projects following the transition to Swedish ownership last year, con
Slide 16: Profitability
Profitability EBIT, SEKm 200 YoY +139% 40% 180 35% 34% 160 134 30% 140 128 117 25% 120 108 100 20% 18% 80 15% 56 60 10% ▪ Strong EBIT of SEKm 134 (56) or EBIT margin 34.0% 40 5% 20 (18.1). 0 0% Q2 25 Q3 25 Q4 25 Q1 26 Q2 26 ▪ Adjusted EBIT1) of SEKm 136 (63) or EBIT margin 34.5% (20.3). EBIT LTM, SE
Slide 17: Cash flow and financial position
Cash flow and financial position SEKm Q2 26 Q2 25 2026 LTM 2025 Cash flow from operating ▪ Strong operating cash flow supported by improved activities before 98 78 548 536 changes in WC working capital. Change in WC 24 -8 -117 -183 ▪ Continued investments in capacity expansion in Järfälla. Cash flow
Slide 18: Financial results Q2 2026
Q2 2026 Financial results SEKm Q2 26 Q2 25 Change ▪ Net sales (SEKm +84) increased by 27.3% (31.8% Net sales 393 309 27.3% currency-adjusted), driven by strong demand for Other operating income 33 20 65.9% development projects and optical switching applications. Total revenue 426 328 29.6% ▪ Operati
Slide 19: Financial results H1 2026
H1 2026 Financial results SEKm H1 26 H1 25 Change ▪ Net sales (SEKm +125) increased by 19.5% (31.1% Net sales 768 643 19.5% currency-adjusted), driven by strong demand for Other operating income 63 31 100.8% development projects, supported by the transition to Swedish ownership last year, ended in a
Slide 20: Financial targets
Financial targets Current performance NET SALES EBIT MARGIN NET DEBT/EBITDA CURRENT PERFORMANCE SEKb 1.5 32.2% -1.6X LTM FINANCIAL SEKb 2.5 >30% <2X EBITDA TARGETS by 2030 (medium term) Silex Interim Report 19 April - June 2026
Slide 21: Financial calendar
Financial calendar Interim Report July – September 2026 4 November 2026 Year-end Report 2026 18 February 2027 Annual Report 2026 24 March 2027 Maria Engström, CFO +46 8 580 249 00 ir@silex.se Silex Interim Report 20 April - June 2026
Slide 22: Q&A
Q&A Silex Interim Report 21 April - June 2026