Sensirion Holding Ag · SIX:SENS
Sensirion — Investor Day (March 2021)
83 slides from Sensirion's investor day presentation, Mar 25, 2021
Slide 1: Sensirion Capital Markets Day
Sensirion Capital Markets Day 25 March 2021 © Copyright Sensirion Holding AG, Switzerland Capital Markets Day, 25 March 2021
Slide 2: Please note that this event will be recorded
Please note that this event will be recorded. © Copyright Sensirion Holding AG, Switzerland Capital Markets Day, 25 March 2021 2
Slide 3: Today's presenters
Today’s presenters Moritz Lechner Felix Mayer Marc von Waldkirch Matthias Gantner Andrea Orzati Johannes Schumm Andrea Wüest Co-Chairman of the Co-Chairman of the Chief Executive Chief Financial Vice President Vice President Director IR and M&A Board Board Officer Officer Sales & Marketing R&D ▪ Co-
Slide 4: Today's agenda
Today’s agenda Indicative Time (CET) Topic Speaker 13:30 – 13:35 Welcome remarks Andrea Wüest 13:35 – 13:55 Keynote of the Founders Moritz Lechner / Felix Mayer 13:55 – 14:20 Sensirion at a glance Matthias Gantner 14:20 – 14:40 Strategic achievements since the IPO Marc von Waldkirch 14:40 – 14:50 Q&
Slide 5: Keynote of the Founders
Keynote of the Founders © Copyright Sensirion Holding AG, Switzerland Capital Markets Day, 25 March 2021 5
Slide 6: Intro, roles in the company, Sensirion today
Intro, roles in the company, Sensirion today © Copyright Sensirion Holding AG, Switzerland Capital Markets Day, 25 March 2021 6
Slide 7: What is our DNA?
What is our DNA? ▪ Be curious, be hungry. Dare to take new steps. ▪ Continuously challenge and re-invent Sensirion. ▪ Take the risk to innovate! ▪ Take the time to innovate! © Copyright Sensirion Holding AG, Switzerland Capital Markets Day, 25 March 2021 7
Slide 8: An example of innovation
An example of innovation Old technology Sensirion innovation ▪ All on one chip ▪ Smaller ▪ Smaller ▪ No offset ▪ Lower cost ▪ Lower cost ▪ More performance ▪ New applications 2003 2008 2018 Flop Success Medical Success Medical Flop Buildings Success Buildings © Copyright Sensirion Holding AG, Switze
Slide 9: An example of innovation
An example of innovation Old technology Sensirion innovation ▪ All on one chip ▪ Smaller ▪ Smaller ▪ No offset ▪ Lower cost ▪ Lower cost Innovation takes time ▪ More performance ▪ New applications Innovation needs long-term thinking 2003 Innovation can fail 2008 2018 Flop Success Medical Success Med
Slide 10: "SensiSpirit": a unique culture of innovation and entrepreneurship
“SensiSpirit”: a unique culture of innovation and entrepreneurship Shareholdings as % of outstanding shares 32.2% of which Co-Founders 10.9% Growth 60.6% Innovation 7.2% of which Exec. Committee 0.6% Anchor shareholder group Employees Public shareholders Company culture Anchor shareholder group buil
Slide 11: Sensirion at a glance
Sensirion at a glance © Copyright Sensirion Holding AG, Switzerland Capital Markets Day, 25 March 2021 11
Slide 12: Sensirion at a glance
Sensirion at a glance Overview ✓ A pure-play sensor company, driven by mega trends for long-term growth ✓ A deeply anchored mindset of innovation: it’s in our DNA to continuously seek new challenges and to drive disruptive innovation ✓ SensiSpirit: our dedicated and award-winning entrepreneurial cul
Slide 13: Solving complex problems everywhere
Solving complex problems everywhere Anti-fogging Natural gas Providing antifogging, engine and climate control to Reliable real-time monitoring of gas consumption for approximately one in three cars manufactured more than 5 million households. worldwide. Mass flow Humidity & temperature Monitoring t
Slide 14: Wide range of solutions across diverse end markets
Wide range of solutions across diverse end markets End market Automotive Medical Industrial Consumer Humidity/temperature (RHT) Gas (VOC, formaldehyde) ✓ ✓ ✓ ✓ Carbon dioxide (CO2) Environmental Particulate matter (PM2.5) sensing solutions Gas analyzers Automotive modules Differential pressure ✓ ✓ ✓
Slide 15: Stability through strong market and customer diversification
Stability through strong market und customer diversification Highly diversified in end markets (FY2020)1 Top 10 customers contribute to 42.2% of revenue (FY2020)1 8.1% 8.2% 30.1% 7.8% 6.3% 4.9% 38.8% 57.8% 4.1% 2.8% 2.7% 23.0% 2.1% 1.6% 1.8% Automotive Medical Industrial Consumer Automotive Medical
Slide 16: Global footprint ensures customer proximity
Global footprint ensures customer proximity ~ 800 FTEs* Netherlands South Korea Hungary Japan Switzerland United States (Headquarters) China Taiwan Production R&D Sales * As of 1 March 2021 © Copyright Sensirion Holding AG, Switzerland Capital Markets Day, 25 March 2021 16
Slide 17: Our advantage is built on expertise across the technology value chain
Our advantage is built on our expertise across all relevant fields of the technology value chain Development of design and Calibration Application processes expertise expertise Market and Field ASIC MEMS Packaging Automation Hardware Software Cloud application Solutions support Wafer manufacturing i
Slide 18: Sensirion drives innovation along multiple layers
Sensirion drives innovation along multiple layers Innovation Monetization Example Gas meter Applications and Applications and solutions derived Customer engagement, 0-2 years market solutions from existing platform technologies profitability and cash flow PM2.5 sensor R&D spending Platform Building
Slide 19: Strong growth with CAGR of 15% over years based on innovation
Strong growth with CAGR of 15% over 10 years based on innovation Revenue core Mobile business COVID-19-related ventilator business Gross margin 260 100% 240 220 200 75% 180 Revenue (CHFm) 160 57.4% 57.6% Gross margin 52.5% 55.4% 53.2% 53.7% 140 50% 120 253.7 100 174.8 171.0 80 148.0 153.0 131.2 131.
Slide 20: Revenue growth and cash generation since IPO
Revenue growth and cash generation since IPO Significant R&D to support future growth Strong balance sheet Average 2018 - 2020 8.9%1 Annual revenue growth ✓ Strong cash generation increased net cash position (20.9%)1 Gross margin 54.8% CHF 32.8m (30 Jun 2018) CHF 78.2m (31 Dec 2020) Adj. EBITDA marg
Slide 21: We are committed to our environmental and social responsibility
We are committed to our environmental and social responsibility Environmental commitment and responsibility Our innovative sensor products significantly contribute to more energy-efficient processes and applications in many areas. We focus our efforts on an environmentally friendly production that a
Slide 22: Our sensor solutions help to reduce CO2 emissions worldwide
Our sensor solutions help to reduce CO2 emissions worldwide Environmental contribution In many applications, Sensirion’s sensors help to reduce energy consumption and, in turn, CO2 emissions. Application examples Humidity and temperature sensors employed in Differential pressure sensors used in dema
Slide 23: We actively fulfill our environmental responsibility
We actively fulfill our environmental responsibility Environmental responsibility As a manufacturing company, we aim to minimize our environmental impact from operations and business travel. Our production sites in Switzerland, China, and South Korea are certified At our new site in Debrecen, Hungar
Slide 24: We are committed to our social responsibility
We are committed to our social responsibility Social responsibility: corporate volunteering In 2020, we supported Swiss schools with free CO2 monitoring In summer 2020, we organized a collective event under the motto sensors. Our internally developed CO2 monitoring sensors were “moving matters”. Our
Slide 25: Strategic achievements since the IPO 2018
Strategic achievements since the IPO 2018 © Copyright Sensirion Holding AG, Switzerland Capital Markets Day, 25 March 2021 25
Slide 26: Main strategic achievements since the IPO
Main strategic achievements since the IPO Broadened product offering towards a full range of environmental sensors Established automotive tier 1 business by successfully integrating and leveraging the acquired AIC business Expanded global operational footprint © Copyright Sensirion Holding AG, Switz
Slide 27: Broadened product offering towards a full range of environmental sensors
Broadened product offering towards a full range of environmental sensors Since 2018, Sensirion successfully established several new product lines in the market, strongly contributing to growth. Contribution to group output (in % of revenue) 1 2017 2020 2023E 21% ~33% 7% 79% ~67% 93% Gas: VOC, formal
Slide 28: Established automotive tier 1 business
Established automotive tier 1 business The integration of AIC, which was acquired in 2017, has been successfully accomplished. The former AIC sites in Asia now operate as "Sensirion Automotive Solutions" as a successful and growing tier 1 supplier. Broad product portfolio Nominated supplier for worl
Slide 29: Expanded global operational footprint
Expanded global operational footprint Sensirion’s operational footprint is expanding strongly to Asia and Eastern Europe Contribution to group output in % of revenue (excl. COVID-19-related ventilator business) 2017 2020 2023E 4% 17% ~ 33% 83% ~ 67% 96% © Copyright Sensirion Holding AG, Switzerland
Slide 30: Q&A
Q&A ▪ To register a question, please use the “raise hand” function. ▪ Wait for the moderator to ask you to speak. ▪ Please unmute yourself and turn on your camera (video). ▪ Please state your name and affiliation before asking your question(s). ▪ Afterwards, mute yourself, turn off your camera, and
Slide 31: Strategy update
Strategy update © Copyright Sensirion Holding AG, Switzerland Capital Markets Day, 25 March 2021 31
Slide 32: Increasing penetration of sensors driven by secular megatrends
Increasing penetration of sensors driven by secular megatrends Digitalization and Energy efficiency Quality of life automation Environmental protection ◼ Scarcity of resources ◼ Economic development ◼ Industry 4.0 ◼ Air quality ◼ Governmental and ◼ Increasing awareness ◼ Technological ◼ Climate chan
Slide 33: Growth along four strategic focuses
Growth along four strategic focuses Strategic focus 3 Develop technologies for long-term growth Strategic focus 2 Become market leader for the entire environmental market Strategic focus 1 Drive market and cost leadership in our core markets of RHT and flow Fundamentals “SensiSpirit”: unique culture
Slide 34: Growth along four strategic focuses
Growth along four strategic focuses Strategic focus 3 Develop technologies for long-term growth Strategic focus 2 Become market leader for the entire environmental market Strategic focus 1 Drive market and cost leadership in our core markets of RHT and flow Fundamentals “SensiSpirit”: unique culture
Slide 35: Focus 1: drive technology and market leadership in our core markets
Focus 1: drive technology and market leadership in our core markets High market diversity and technology leadership drives volumes and ensures stable base End market Automotive Medical Industrial Consumer Humidity & temperature ✓ ✓ ✓ ✓ Flow ✓ ✓ ✓ Relative growth of flow volumes 300% 250% 200% 150% 1
Slide 36: Flow sensor market development
Flow sensor market development All values are Sensirion estimates High market share in certain applications > 90% ▪ The flow sensor market is very fragmented. Sensirion supplies to all major CPAP (sleep apnea) ▪ Sensirion has a high market share in certain flow manufacturers, covering more than 90%
Slide 37: Flow sensor market development
Flow sensor market development Development of new flow applications ▪ We are developing additional flow applications to address Examples include miniaturized flow sensors for medical new market trends and emerging needs. smart inhaler applications as well as biogas & H2 in “power to gas” application
Slide 38: Supporting and capturing the short-term opportunity
Supporting and capturing the short-term opportunity Beyond the strategic lines, we are ready and committed to capture short-term opportunities Example: COVID-19-related demand increase for ventilator sensors Application of gas flow sensors in medical ventilators ▪ The demand for sensors for ventilat
Slide 39: RHT-sensor market development
RHT-sensor market development All values are Sensirion estimates Market growth ▪ The humidity sensor market has been more or less stagnant stagnant market single-digit % annual for the time being due to the geopolitical crisis and the growth expected pandemic. 2017 2020 2023 ▪ Growth in upcoming yea
Slide 40: 20 years of pioneering digital humidity and temperature sensors
20 years of pioneering digital humidity and temperature sensors 2001 2010 2012 2014 2015 2021 First digital First open cavity First RH/T sensor Smallest chip- Most versatile and Fast, energy RH/T sensor molded RH/T in Samsung scale RH/T sensor smallest saving, and self- Galaxy S-series automotive gr
Slide 41: Summary "Strategic focus 1"
Summary “Strategic focus 1” Drive market and cost leadership in our core markets of RHT and flow What we have achieved We could strengthen our market leadership in humidity and flow ▪ by expanding our high market share in both core markets ▪ by addressing new applications in humidity & temperature a
Slide 42: Growth along four strategic focuses
Growth along four strategic focuses Strategic focus 3 Develop technologies for long-term growth Strategic focus 2 Become market leader for the entire environmental market Strategic focus 1 Drive market and cost leadership in our core markets of RHT and flow Fundamentals “SensiSpirit”: unique culture
Slide 43: Focus 2: become market leader for the entire environmental market
Focus 2: become market leader for the entire environmental market Our leading market position in humidity & temperature as well as in flow markets is a good entry point to expand to the entire environmental market CO2 Humidity & temperature Gas quality Formaldehyde Flow Particulate matter (PM2.5) ©
Slide 44: Content increase driven by environmental sensing solutions
Content increase driven by environmental sensing solutions Realized business opportunities from different end markets Automotive HVAC Home appliances Air purifier In-cabin climate control Demand-controlled ventilation (DCV) Air purifier RHT RHT, PM2.5 DP DP, RHT, CO2 RHT, VOC RHT, VOC, PM2.5 RHT: Re
Slide 45: Multi-dimensional growth opportunities in environmental sensing
Multi-dimensional growth opportunities in environmental sensing Expand market share Drive innovation and expand portfolio Expand range of applications Further gas parameters Expand customer base in Combo sensors existing applications Increase penetration rate Miniaturized 2nd generation in existing
Slide 46: Two-step approach to the strategic goal
Two-step approach to the strategic goal In the development of new products, there is a trade-off between time-to-market and innovation depth. → Sensirion employs a generation approach to optimize both as much as possible. 1st product generation: 2nd product generation: “Fast market entry with innova
Slide 47: 1st product generation: Fast market entry with innovation light
1st product generation: “Fast market entry with innovation light” ✓ First step accomplished: all new product lines now contribute to the topline Market Field app ASIC MEMS Packaging Automation Hardware Software Solutions support Carbon dioxide 2018 ▪ Priority on time-to-market, market entry and firs
Slide 48: 2nd product generation: Innovation drives miniaturization
2nd product generation: “Innovation drives miniaturization” Second step on good track: new product developments for all three categories started Market Field app ASIC MEMS Packaging Automation Hardware Software Solutions support ▪ Priority to secure and expand sustainable business 2021 Carbon dioxid
Slide 49: Growth provides new strategic advantages
Growth provides new strategic advantages PM2.5 Combo sensors Combination of environmental sensors ▪ lowers integration costs VOC Environmental sensor node ▪ drives strategic relationship with customers RHT Further gas parameters CO … CO2 VOC Ozone Sensirion’s broad technology portfolio allows to rea
Slide 50: Summary "Strategic focus 2"
Summary “Strategic focus 2” Become market leader in the entire environmental market What we have achieved We have successfully accomplished the first step to become market leader in the entire environmental market ▪ by leveraging our strong position in humidity and flow sensing ▪ by introducing the
Slide 51: Growth along four strategic focuses
Growth along four strategic focuses Strategic focus 3 Develop technologies for long-term growth Strategic focus 2 Become market leader for the entire environmental market Strategic focus 1 Drive market and cost leadership in our core markets of RHT and flow Fundamentals “SensiSpirit”: unique culture
Slide 52: Increasing penetration of sensors driven by secular megatrends
Increasing penetration of sensors driven by secular megatrends Digitalization and Energy efficiency Quality of life automation Environmental protection ◼ Scarcity of resources ◼ Economic development ◼ Industry 4.0 ◼ Air quality ◼ Governmental and ◼ Increasing awareness ◼ Technological ◼ Climate chan
Slide 53: Focus 3: laying the foundation for long-term growth in two directions
Focus 3: laying the foundation for long-term growth in two directions Solutions Modules Focus 2: • Environmental (CO2 / PM2.5 / Gas) Focus 1: • Automotive modules • Humidity & temp • Flow Components Product portfolio © Copyright Sensirion Holding AG, Switzerland Capital Markets Day, 25 March 2021 53
Slide 54: Sensing on different levels of performance
Sensing on different levels of performance • CO2 Price • Particulate matter (PM2.5) • Automotive modules • Medical flow applications • Humidity / temperature Solutions • VOC sensor • Some flow applications • Mass flow controllers • New: gas analyzer Modules Components Performance © Copyright Sensiri
Slide 55: Sensing on different levels of performance
Sensing on different levels of performance Price Solutions Modules Components Performance © Copyright Sensirion Holding AG, Switzerland Capital Markets Day, 25 March 2021 55
Slide 56: Solutions: leverage strategic advantages of Sensirion
Solutions: leverage strategic advantages of Sensirion Sensirion as “one-stop-shop” to address customer’s sensor problems Existing R&D value chain to support solution markets Opportunity to higher level sensor analytics and data services Leverage deep experience in (“Sensor as a service”) sensor appl
Slide 57: Focus 3: laying the foundation for long-term growth in two directions
Focus 3: laying the foundation for long-term growth in two directions Solutions Modules Focus 2: • Environmental (CO2 / PM2.5 / Gas) Focus 1: • Automotive modules • Humidity & temp • Flow Components Product portfolio © Copyright Sensirion Holding AG, Switzerland Capital Markets Day, 25 March 2021 57
Slide 58: Our innovation is embedded in a structured process
Our innovation is embedded in a structured process We have a full pipeline of new product ideas at different stages of maturity Several projects in phases B and C Idea Stack Phase A Phase B Phase C Product ▪ Currently, several promising product ideas are in phase B Paper study Pretotype Pre-project
Slide 59: Focus 3: laying the foundation for long-term growth in two directions
Focus 3: laying the foundation for long-term growth in two directions Solutions M&A-step: gas analyzer Internal pilot: environmental monitoring Modules Gas leakage detection Focus 2: Water quality • Environmental (CO2 / PM2.5 / Gas) Focus 1: • Automotive modules • Humidity & temp • Flow Components P
Slide 60: High-end applications in gas sensing: selectivity matters
High-end applications in gas sensing: selectivity matters Sensor challenge for high-end gas sensing The solution Today’s gas sensing portfolio: ▪ Micro-gas chromatograph (GC) technology Sensitivity ✓ leverages existing gas sensor solutions: ▪ A gas chromatograph separates the Selectivity ~ gases bef
Slide 61: Gas analyzer market segments
Gas analyzer market segments Our vision: Bring the gas analyzer to the samples instead of the samples to the gas analyzer. This saves time and cost. We are targeting industrial and environmental applications Gas (natural, bio) Factory automation Environmental Others monitoring ▪ Calorific value ▪ Ch
Slide 62: Focus 3: laying the foundation for long-term growth in two directions
Focus 3: laying the foundation for long-term growth in two directions Solutions M&A-step: Gas analyzer Internal pilot: environmental monitoring Modules Gas leakage detection Focus 2: Water quality • Environmental (CO2 / PM2.5 / Gas) Focus 1: • Automotive modules • Humidity & temp • Flow Components P
Slide 63: Megatrend: air pollution – the new tobacco
Megatrend: air pollution – the new tobacco1 4.2 million early deaths per year1 $5.7 trillion or 4.8% of global GPD - cost of air pollution2 8% increased COVID-19 mortality per 1ug/m3 PM2.53 4.4 billion persons can’t access open air quality data4 Only 1 monitoring station per 200’000 citizens in Euro
Slide 64: Internal pilot: environmental monitoring
Internal pilot: environmental monitoring Barometric pressure Temperature * End-to-end IoT solution for: Humidity cost-effective yet Particulate matter reliable monitoring of localized ambient air quality Sensor algorithm connectivity Connectivity © Copyright Sensirion Holding AG, Switzerland Capital
Slide 65: Focus 3: laying the foundation for long-term growth in two directions
Focus 3: laying the foundation for long-term growth in two directions Solutions M&A-step: gas analyzer Internal pilot: environmental monitoring Modules Gas leakage detection Focus 2: Water quality • Environmental (CO2 / PM2.5 / Gas) Focus 1: • Automotive modules • Humidity & temp • Flow Components P
Slide 66: Product portfolio expansion: gas leakage detection
Product portfolio expansion: gas leakage detection Megatrends: Climate change / Environmental protection Sensirion sensor technology portfolio Safety Regulations for new, flammable refrigerants AC refrigerant leakage in AC systems to reduce GWP 1 Fuel cell applications Hydrogen leakage (automotive,
Slide 67: Focus 3: laying the foundation for long-term growth in two directions
Focus 3: laying the foundation for long-term growth in two directions Solutions M&A-step: gas analyzer Internal pilot: environmental monitoring Modules Gas leakage detection Focus 2: Water quality • Environmental (CO2 / PM2.5 / Gas) Focus 1: • Automotive modules • Humidity & temp • Flow Components P
Slide 68: Water quality as next global megatrend
Water quality as next global megatrend “Climate change, increasing water scarcity, population growth and urbanization will pose challenges for water supply systems” 1 “By 2025, half of the world’s population will be living in water- stressed areas” 1 “Every year, more people die from unsafe water th
Slide 69: Water quality is a broad field for long-term growth
Water quality is a broad field for long-term growth Water quality is a multi-parameter market Core market close to our existing markets Total bacterial Micro cells plastic Hardness TDS Water purifiers in appliances Total organic Heavy carbon (TOC) metals Free residual chlorine © Copyright Sensirion
Slide 70: M&A in-line with Sensirion's three focuses of innovation and growth
M&A in-line with Sensirion’s three focuses of innovation and growth Focus 2: Acquisition of technologies, Solutions products and market access to accelerate growth Focus 3: • Acquisition of technologies, products or market access or • Minority shareholding to secure technological access Focus 3 in p
Slide 71: Focus 2: M&A successfully supported growth initiatives
Focus 2: M&A successfully supported growth initiatives 2015 2016 2017 2018 2019 2020 2021 Product development Ramp-up to high volumes MOX gas sensor (air quality) Investment and SOP Significant IP deal MOX gas sensor revenues Product development Ramp-up to high volumes PM2.5 sensor Investment and SO
Slide 72: Focus 3: secure promising technologies in fields of interest
Focus 3: secure promising technologies in fields of interest ▪ Acquisition of technologies, products or market access or ▪ Minority shareholding to secure technological access in potential future fields Solutions: gas analyzer Optical technologies Bio sensing technologies Full acquisition (2021) Min
Slide 73: Summary "Strategic Focus 3"
Summary “Strategic Focus 3” Develop technologies for long-term growth What we have achieved ▪ We have a deeply anchored mindset of innovation: since Sensirion’s founding, it has been our DNA to continuously seek new challenges, take meaningful risks in order to push technological limits and, thereby
Slide 74: Growth along four strategic focuses
Growth along four strategic focuses Strategic focus 3 Develop technologies for long-term growth Strategic focus 2 Become market leader for the entire environmental market Strategic focus 1 Drive market and cost leadership in our core markets of RHT and flow Fundamentals “SensiSpirit”: unique culture
Slide 75: "SensiSpirit": a unique culture of innovation and entrepreneurship
“SensiSpirit”: a unique culture of innovation and entrepreneurship Innovation needs a dedicated company culture ✓ A company culture dedicated to long-term innovation… Growth ✓ … with an entrepreneurial mindset to push limits… ✓ … and built by exceptional people Innovation Company culture © Copyright
Slide 76: Strong entrepreneurial culture attracting and fostering talents
Strong entrepreneurial culture attracting and fostering talents Highly qualified workforce SensiSpirit Employees’ qualification, Sensirion AG, per 31.12.20 ✓ Highly qualified employees attracted by a great company culture. 21% ✓ High retention rate enables continuity. ✓ Company culture as foundation
Slide 77: Wrap-up and outlook
Wrap-up and outlook © Copyright Sensirion Holding AG, Switzerland Capital Markets Day, 25 March 2021 77
Slide 78: Summary: growth along four strategic focuses
Summary: growth along four strategic focuses Strategic focuses Sensirion strategically well positioned Focus 3: ▪ to drive innovation and technology developments to address future megatrends Develop technologies for long-term growth ▪ to secure long-term sustainable company growth Focus 2: ▪ to cont
Slide 79: FY2021 and mid-term outlook
FY2021 and mid-term outlook ▪ We see many promising additional business fields in focuses 2 and 3 ▪ To support this growth strategy, we intend to maintain the current level of R&D spending of 22-24% of revenue ▪ We continue to expense our R&D spending almost fully to the income statement ▪ As a cons
Slide 80: Q&A
Q&A ▪ To register a question, please use the “raise hand” function. ▪ Wait for the moderator to ask you to speak. ▪ Please unmute yourself and turn on your camera (video). ▪ Please state your name and affiliation before asking your question(s). ▪ Afterwards, mute yourself, turn off your camera, and
Slide 81: Disclaimer
Disclaimer Certain statements in this document are forward-looking statements, including, but not limited to, those using words such as “believe”, “assume”, “expect” and other similar expressions. Such forward-looking statements are based on assumptions and expectations and, by their nature, involve
Slide 82: Technology at heart, future in mind.
Technology at heart, future in mind. © Copyright Sensirion Holding AG, Switzerland Capital Markets Day, 25 March 2021 82
Slide 83: www.sensirion.com
www.sensirion.com © Copyright Sensirion Holding AG, Switzerland Capital Markets Day, 25 March 2021 83