Aem Holdings Ltd. · SGX:AWX
Aem — Shareholder Meeting (April 2022)
24 slides from Aem's shareholder meeting presentation, Apr 28, 2022
Slide 1: Presentation to Shareholders
Presentation to Shareholders AEM Holdings Ltd | AGM April 28, 2022 AEM | CONFIDENTIAL
Slide 2: Disclaimer
Disclaimer This is a presentation of general information relating intended to be profit forecasts, estimations or to the current activities of AEM Holdings Ltd (“AEM”). projections of future performance and should not be It is given in summary form and does not purport to be regarded as such. comple
Slide 3: Agenda
Agenda • FY2021 Recap: Expanding our Horizons • State of Our Industry • FY2021 Financial Review • Resolution Results AEM | CONFIDENTIAL 3
Slide 4: FY2021 Recap: Expanding Our Horizons
FY2021 Recap: Expanding Our Horizons
Slide 5: Record Revenue, Strong Balance Sheet, Strong Outlook
Record Revenue, Strong Balance Sheet, Strong Outlook S$670-720M FY2022 REVENUE S$710.5M OUTLOOK TOTAL ASSETS S$565.5M REVENUE A E M | C O N F I D E N T I A L 5
Slide 6: Expanded Footprint with new R&D, Sales, and Applications Engineering Facilities
Expanded Footprint with new R&D, Sales, and Applications Engineering Facilities FINLAND FRANCE SUZHOU CHENGDU OREGON SAN JOSE ISRAEL SAN DIEGO SHANGHAI HSINCHU CHANDLER VIETNAM [US HQ] PENANG KULIM AUSTIN BATAM COSTA RICA SINGAPORE [GLOBAL HQ] NEW SALES & APPLICATIONS FACILITIES IN FY2021 NEW MANUFA
Slide 7: Enhanced Our Delivery And Technology Capabilities Through M&A Activities
Enhanced Our Delivery And Technology Capabilities Through M&A Activities Acquired Invested Enabling AEM to provide 43.15% stake, giving AEM a strong quick-turn, full-stack delivery Korean partner with which it can capabilities jointly offer advanced solutions to the memory market A EEMM | | C C A O
Slide 8: Expanded Our SLT Offerings…
Expanded Our SLT Offerings… Developed the new SLT offering - Trident Revamped AMPS Platform High-power SLT offering, leveraging AEM’s pedigree in Full-stack SLT+ solution, with integration of Active Thermal Control (ATC) to solve daunting test ATC, intelligent device tracking, and factory challenges
Slide 9: …And Expanded Our Wafer Platform Offerings
…And Expanded Our Wafer Platform Offerings Wafer Probers Wafer-Level Platform The wafer prober platforms address FY2021 saw the finalization of the Chip Scale Packaged sensor test the prototype for a new wafer- requirements, and in FY2021 we level platform that will be developed enhancements to expa
Slide 10: Developed Application Specific Platform
Developed Application Specific Platform AEM ATE Launched the M5S-HD platform with a full suite of instrumentation to address the consumer, compute, automotive, and mobile markets Application Specific Solutions Delivered a fully integrated CMOS Image Sensor Test Cell solution to UTAC. This solution i
Slide 11: Potential Markets for AEM ATE
Potential Markets for AEM ATE TECHNOLOGY MARKETS PRODUCTS FPGA Design and IP’s Digital ICs Thanks to our proprietary FPGA-based Datacom, Chipsets, Microprocessors, hardware, AEM dramatically reduces Audio & Video Processors, etc. the Cost of Test (CoT) for all the IC Semiconductor Companies System o
Slide 12: State of Our Industry
State of Our | ‘Industry.. ——— al ‘a
Slide 13: Industry Innovations Are Challenging The Industry's Ability To Provide Assurance Of Quality
Industry Innovations Are Challenging The Industry’s Ability To Provide An Assurance Of Quality At The Lowest Cost Possible Application Specificity Driving Increased Complexity: Advanced Packaging Increased Pace of Innovation SW + HW Source: DARPA, Intel Thermal Challenges Source: Intel Investor Meet
Slide 14: With The Challenges Being Faced, The Current Paradigm's Limits Have Been Reached
With The Challenges Being Faced, The Current Paradigm’s Limits Have Been Reached System Level Wafer Sort Burn In Final Test Test (SLT) Test Time: <5secs Test Time: 1 to 48hrs Test Time: <30secs Test Time: 2 to 15mins $$ $ $$$ $ Source: AEM Analysis Relative Capital Investment Source: Intel – 2020 SW
Slide 15: AEM's Test 2.0 Vision Leverages Data With Intelligent Automation
AEM’s Test 2.0 Vision Leverages Data With Intelligent Automation And Application Specific Solutions To Reset The Cost Of Test Curve Across Backend Test System Level Test Future DFT* Paradigm: Wafer Sort “Focused” Test 2.0 Final Test Data Analytics DFT* DFT* & Process Flow Management /(EDA* to SLT) B
Slide 16: 2022 and Beyond
2022 and Beyond Developing and delivering an Enhancing delivery expanded product portfolio FY 2022 Guidance capabilities through the with massively parallel burn in, expansion of manufacturing application specific solutions, facilities in South East Asia leading to growth in our and the United State
Slide 17: FY2021 Financial Review
~- FY2021 Financial [we “ = = -Review |. a -
Slide 18: FY2021 Financial Highlights
FY2021 Financial Highlights Financial Results Exceeded Analysts’ Consensus Estimates A E M | C O N F I D E N T I A L 18 18
Slide 19: FY2021 Highest Revenue Year on Record
FY2021 Highest Revenue Year on Record Financial Results S$565.5M in revenue and S$111.1M in PBT Revenue guidance for FY2022 is between PBT% S$670M to S$720M CAGR: REVENUE 52% (S$’M) 565.5 519.0 21.9% 19.7% 19.6% 15.2% 323.1 262.3 221.6 70.1 FY2018 FY2019 FY2020 FY2021 2016 Actual 2017 Actual 2018 Ac
Slide 20: FY2021 Strengthened Our Cash Position With Shares Issuance From Private Placement
FY2021 Strengthened Our Cash Position With Financial Results Shares Issuance From Private Placement Sources and Applications of Funds: NET CASH BALANCE (S$’M) S$’M FY2019 FY2020 FY2021 Beginning Cash 58.9 107.7 134.8 PAT 52.8 97.6 92.1 Changes in working capital & others 14.8 (11.3) (40.1) Capital e
Slide 21: FY2021 Investing for Growth Through Acquisition
FY2021 Investing for Growth Through Acquisition Financial Results Without Losing Focus on Shareholders’ Return S$’M S$’M FY2019 FY2020 FY2021 Cumulative Dividends 10.5 22.2 18.6 51.3 CUMULATIVE CAPITAL ALLOCATION BREAKDOWN FY2019 - FY2021 Share buybacks 1.7 2.9 4.6 9.2 Acquisitions - 25.2 87.6 112.8
Slide 22: Resolutions & Results
= " Resolutions & oe SS Results a 7
Slide 23: Resolutions & Results
Resolutions & Results No Resolution For Against Results 1 Directors’ Statement and Audited Financial Statements. 99.9% 0.1% PASSED 2 Declare a final dividend of 5.0 cents per ordinary share. 99.9% 0.1% PASSED 3 Re-elect the following Director: Mr. Loh Kin Wah. 90.9% 9.1% PASSED 4 Re-elect the follow
Slide 24: Thank You
Thank You Investor Relations Contact: Samir Mowla – samir.mowla@aem.com.sg Financial PR Pte Ltd Kamal SAMUEL / Chi-An CHANG Tel: 6438 2990 / Fax: 6438 0064 E-mail: kamal@financialpr.com.sg AEM | CONFIDENTIAL chi-an@financialpr.com.sg