Slide 1: Earnings Release
Earnings Release Analyst/Media Conference Q4 2025 March 24, 2026
Slide 2: Agenda & Speakers
Agenda & Speakers Oliver Wyrsch, CEO • Key Messages & Figures of Quarter • Target Market Business Review • Full Year Expectations Matthias Tröndle, CFO • Quarter Financials • Guidance • Dividend • Corporate Calendar
Slide 3: INFICON Overview
INFICON Overview INFICON provides world-class instrumentation & data analytics in vacuum applications and smart Global leader and manufacturing. Global leader position in most of innovator in gas our addressed global markets analysis and other Strength is the innovation capabilities at the sensor te
Slide 4: Semiconductor Industry – a $1.6 Trillion Opportunity in 2030
Semiconductor Industry – a $1.6 Trillion Opportunity in 2030 Global Semiconductor market value by vertical, indicative, USD billions Growth contribution per vertical, 2024-30 USD billions (share of growth) 13% CAGR ~1,600 ~825 ~85 Consumer communication ~35 (4%) ~85 Industrial electronics ~40 (5%) ~
Slide 5: 2025 FY Results
2025 FY Results Record Sales and continuous positive and accelerating order trend, with Book-to-Bill ratio above 1 for the full year. Sales and Operating margin in line with communicated Guidance Sales Sales FY 2025 • Orders increase YoY across all Regions and all major end markets, with Book-to-bil
Slide 6: Worldwide Markets & Sales
Worldwide Markets & Sales Strong year for Asia Pacific due to AI and reacceleration in China; Europe and Americas slower, reflecting the impact of US trade restrictions in Semiconductors and timing of Security and Energy orders Worldwide Sales in FY 2025 by Region Quarterly Sales Trend by Region Eur
Slide 7: Semiconductor & Vacuum Coating – Performance & Outlook
Semiconductor & Vacuum Coating – Performance & Outlook Strong position. Strong multi-year performance in challenging environment. Industry upcycle gaining momentum and expected to significantly accelerate through 2026. Trade tensions and geopolitical risks remain Performance Sales to Semi & Vacuum C
Slide 8: Automotive & Refrigeration, Air Conditioning – Performance & Outlook
Automotive & Refrigeration, Air Conditioning – Performance & Outlook Strong position. Continued multi-year growth in difficult environment with consolidation. Strong development in Asia and Americas, Europe slow Performance Sales to Automotive & Sales Q4 ‘25 by Region (in MUSD) • Continued sales gro
Slide 9: General Vacuum – Performance & Outlook
General Vacuum – Performance & Outlook After slow 2024, back to growth in 2025. Broad industrial market addressed through multi-brand strategy and long-term channel partners. Strong position across sub-markets Performance Sales to General Vacuum Sales Q4 ‘25 by Region +10.2% CAGR (2020 – 2025), (in
Slide 10: Security & Energy – Performance & Outlook
Security & Energy – Performance & Outlook Strong position. Cycles largely dependent on government programs with their own dynamics. Recent order activity highlights long-term attractiveness. Good diversification factor versus other end markets Performance Sales to End Market Security & Energy Sales
Slide 11: Product Highlights 2025
Product Highlights 2025 In 2025, INFICON launched a series of new products and technologies, including various first-of- a-kind innovations as well as updated versions of existing products. Ultra Clean Porter Transpector® APX Impact Manager Gemini® MAG084/086 Pressure Measurement for High-purity Adv
Slide 12: Sustainability Achievements in 2025
Sustainability Achievements 90% -20% (vs 2020) 69% 54% 41 certified green in 2025 electricity used in reduction of greenhouse gas emissions to of energy carrier is recycling rate E-charging stations all production sites electricity of waste 2.053 T CO2 in 2025 (since 2020) INFICON has a smart (2024:
Slide 13: Expectations 2026
Expectations 2026 Orders strong across key markets. Semiconductors upcycle gaining momentum. Geopolitics and trade disputes continue to add uncertainty. Profitability improving gradually • INFICON is confident regarding the order situation and market outlook. A strong Semiconductor upcycle is expect
Slide 14: Recently at INFICON
Recently at INFICON Great moments that drive us forward… Thought Leadership: Malaysia Factory Cleanroom Expansion in Strengthening Smart Manufacturing Up and Running Longmont, Colorado Through Agility Trends in Semi Fabs Expanding Global Service Vacuum Instruments for Grand Opening of Analyst Visit,
Slide 15: Agenda & Speakers
Agenda & Speakers Oliver Wyrsch, CEO • Key Messages & Figures of Quarter • Target Market Business Review • Full Year Expectations Matthias Tröndle, CFO • Quarter Financials • Guidance • Dividend • Corporate Calendar
Slide 16: Q4 2025 Highlights
Q4 2025 Highlights Strong orders and sales, profitability hit by trade and tariff impacts, improved net cash position Book to Bill Sales Gross Margin % Operating Income >1 -199 bp Equity Ratio Operating Cash Flow Net Cash CAPEX Except otherwise noted, all comparisons vs. previous year Q4 Totals pres
Slide 17: FY 2025 Highlights
FY 2025 Highlights Solid orders and sales, profitability hit by trade and tariff impacts, strong cash position Book to Bill Sales Gross Margin % Operating Income CAPEX >1 Operating Cash Flow People Energy CO2 emissions 1‘731 90% certified green 2’053 tons +46 -20% vs. reference period +2.8% electric
Slide 18: Sales
Sales Solid increase YoY and QoQ Q4 2025 Sales and Growth by Region Asia Pacific: ~ 46 MUSD +1.9 % China: ~ 52 MUSD +4.2 % Europe: ~ 41 MUSD + 8.4 % Americas: ~ 44 MUSD + 0.4 % Total: ~ 184 MUSD + 3.7 % (including ROW) (vs. Q4 2024) Note: All figures in MUSD Totals presented may not sum due to round
Slide 19: Operating expense Q4
Operating expense Q4 Costs under control, efficiency measures in execution, continued investments in R&D R&D cost (in MUSD) SG&A (in MUSD) Costs increased by 16.6% Up 3.6%, mainly driven by mainly driven by continued unfavorable FX impacts, while investments, FX and favorable structurally reducing y
Slide 20: Gross Profit and Operating Income Q4
Gross Profit and Operating Income Q4 Gross margin and profitability decrease, while improving compared to preceding two quarters. Temporary, negative effects on margins from trade-related disputes and persisting headwinds from FX. Gross Profit Margin Operating Income (in MUSD) Temporary impact from
Slide 21: Income Tax and Net Income Development Q4
Income Tax and Net Income Development Q4 Net Income decrease Income Tax (in MUSD) Net Income (in MUSD) Higher tax rate of 20.7% Decrease due to lower operating compared with 8.4% in Q4 last income and higher tax rate. Net income year, with the difference margin at 13.7% (19.3% in Q4 2024) primarily
Slide 22: Balance Sheet Highlights
Balance Sheet Highlights Solid balance sheet Balance Sheet Structure 2025 Operating Cash Flow Q4 25 Q4 24 Net Cash 81.2 74.9 DSO 48.5 47.2 Inventory Turns 2.4 2.4 Working Capital 229.1 214.8 Operating Cash Flow 26.1 29.1 Note: All figures in MUSD Totals presented may not sum due to rounding 22
Slide 23: Fiscal Year 2025 Results
@TNFICON FISCAL YEAR 2025 RESULTS 23
Slide 24: Full-Year Sales
Full-Year Sales +0.4% 671.0 673.7 FY 2025 Sales and Growth by Region Asia Pacific: ~ 169 MUSD +19.2 % 339.9 330.0 China: ~ 191 MUSD + 1.2 % Europe: ~ 153 MUSD - 3.0 % 40.9 31.8 Americas: ~ 156 MUSD - 12.4 % 137.1 133.8 Total: ~ 674 MUSD + 0.4 % Semi & Vacuum Coating (including ROW) (vs. FY 2024) 156
Slide 25: Operating expense YoY
Operating expense YoY Costs under control, efficiency measures in execution, continued investments in R&D R&D cost (in MUSD) SG&A (in MUSD) Costs increased by 7.4% Up 4.7%, mainly driven by driven by continued unfavorable FX impacts, investments into our while tight cost efficiency innovation pipeli
Slide 26: Gross Profit and Operating Income YoY
Gross Profit and Operating Income YoY Gross margin and profitability decrease. After strong start in Q1, Q2 and Q3 hit by temporary, negative effects on margins from trade-related disputes and headwinds from FX. Q4 improvement Gross Profit Margin Operating Income (in MUSD) Temporary impact from trad
Slide 27: Income Tax and Net Income Development YoY
Income Tax and Net Income Development YoY Net Income decrease Income Tax (in MUSD) Net Income (in MUSD) Reduction by 10.4%. Higher Decrease due to lower operating tax rate YoY of 19.7% income. Net income margin at compared with 17.3% last year 12.7% (16.8% in 2024) mainly driven by changes in U.S. t
Slide 28: Key Balance Sheet Data YoY
Key Balance Sheet Data YoY Improved cash generation and solid balance sheet Operating Cash Flow CapExp Working Capital Equity Ratio (in MUSD and % of Sales) (in MUSD and % of Sales) (in MUSD and % of Sales) 17.4% of NS 13.3% of NS 4.2% of NS 3.2% of NS 30.2% of NS 31.1% of NS Decrease in comparison
Slide 29: Full-Year 2026 Guidance
Full-Year 2026 Guidance We are confident on the order situation and market outlook as Semiconductor ramp accelerates amid continued global uncertainty Sales (MUSD) Operating Income (MUSD) 680-720 670-710 674 671 674 581 516 17-19% 2021 2022 2023 2024 2025 2026 Orders remain strong across key markets
Slide 30: Dividend distribution for 2026
Dividend distribution for 2026 Consideration of future investments and growths plans Further considerable investments in capacities and technology in the coming years Solid Balance Sheet, Reduced Net Income and Operating Cash Flow, improved Net Cash • Net Income USD 85.8 M (-23.9%) • Operating C
Slide 31: Thank you for your attention. Q&A
Thank you for your attention. Next Events on Corporate Calendar 2026 Annual General Meeting of Shareholders April 22, 2026 Q&A Q1 2026 Media conference Analyst Visit in Balzers, FL April 24, 2026 May 27, 2026 inficon.com/analyst-visit **dates are subject to change** 31
Slide 32: INFICON believes that a deep understanding of our customers' challenges
INFICON believes that a deep understanding of our customers’ challenges and their visions for success are paramount to everything we do. These long-standing partnerships and the commitment to see our customers succeed inspire our dedicated, talented employees to develop and build market- leading ins