Slide 1: Agenda
Agenda Rational for the Combination of Veeco and Ultratech Integration Plans and Priorities Looking Forward Q&A
Slide 2: Veeco & Ultratech's Technologies
Veeco & Ultratech’s Technologies LED Lighting, Display & Power Electronics Advanced Packaging, RF & MEMS Front End Semi Scientific, Industrial & Data Storage MOCVD AP Litho PSP LSA ADE 3D Inspection MBE ALD
Slide 3: Mutual Customers
Mutual Customers Our Customers
Slide 4: Veeco & Ultratech Locations
Veeco & Ultratech Locations Fremont, CA Plainview, NY St. Paul, MN Somerset, NJ Munich, Germany Shanghai, China Hsinchu City, Taiwan Penang, Malaysia Bundang-gu, Korea Singapore Philippines Bangkok, Thailand Tokyo, Japan Horsham, PA San Jose, CA Waltham, MA Dresden, Germany Ultratech Locations Veeco
Slide 5: A Compelling Combination for All Stakeholders
A Compelling Combination for All Stakeholders Diversified revenue for improved stability Similar cultures with focus on innovation Increased scale provides opportunities for advancement and professional growth Increased scale and better positioned to address customers’ critical needs Increased sales
Slide 6: Integration Plans and Priorities
Integration Plans and Priorities
Slide 7: The Ultratech Division Business Units
The Ultratech Division Business Units Lithography Business Unit – Rezwan Lateef LSA Business Unit – Scott Zafiropoulo 3D Inspection – Eric Bouche Functional Groups Engineering, Operations and Supply Chain – Tammy Landon CTO & Technology – Andy Hawryluk
Slide 8: Ultratech Manufacturing, Supply Chain and Quality
Ultratech Manufacturing, Supply Chain and Quality Focus on meeting or exceeding customer’s expectations for performance Adopt common processes and metrics to drive effective execution Increase Focus on Cost Reduction to Combat Low Cost Competitors Collaboration between Ultratech and existing Veeco s
Slide 9: Sales and Services
Sales and Services Outsell the competition to grow market share and profit in each business Cross sell Veeco and Ultratech products to accelerate growth Expand the service portfolio to create growth opportunities Over time, cross train services personnel to provide flexibility and individual growth
Slide 10: Integration Plans
Integration Plans Things we plan to do: Integrate Ultratech Finance, HR and IT functions into respective Veeco groups Convert Ultratech from Manman to SAP Leverage best practices in both directions 12 Integration teams have been formed to integrate functions and processes Financial processes Naming
Slide 11: Integration Plans
Confidential Integration Plans Things we plan to do: > Integrate Ultratech Finance, HR and IT functions into respective Veeco groups > Convert Ultratech from Manman to SAP. > Leverage best practices in both directions > 12 Integration teams have been formed to integrate functions and processes » Fin
Slide 12: Veeco + Ultratech Growth Opportunities
Veeco + Ultratech Growth Opportunities 34% 13% 18% Pro Forma 2017 Revenue Forecast Advanced Packaging, MEMs & RF Key Technologies Lithography Single wafer etch and clean Ion Beam Etch Opportunities Veeco Sales into AP Customers Ultratech Sales into RF & MEMS Key Technologies MBE ALD IBE & IBD PVD DL
Slide 13: Veeco's Operating Principles
Veeco’s Operating Principles Speed is a vital competitive weapon Our people drive our success Promote a results-oriented, high performance environment Be passionate about technology & product leadership Customers are our reason for being Exemplify integrity in our words and our actions
Slide 14: Other Important Veeco Values
Other Important Veeco Values Teamwork across organizations and Business Units Transparency shine light on good and (especially) bad news we deal with bad news better than surprises Demonstrate respect and fairness to others No politics. Period.
Slide 15: How You Can Help
How You Can Help Focus on doing a great job for our customers Work through integration challenges Make our company more cost effective Innovate and create new solutions for our customers
Slide 16: Employee Focus
Employee Focus Work Locations Important to Everyone Staying where we are for now Reviewing both Company’s office locations Evaluating consolidation opportunities Employees, Customers and Suppliers will factor heavily into future decisions Ultratech Employment Agreements As indicated in Welcome Lette
Slide 17: Employee Focus
Employee Focus > Work Locations...Important to Everyone » Staying where we are for now » Reviewing both Company's office locations » Evaluating consolidation opportunities » Employees, Customers and Suppliers will factor heavily into future decisions > Ultratech Employment Agreements » As indicated
Slide 18: Cautionary Statements, Additional Info, Solicitation
Cautionary Statements, Additional Info, Solicitation Forward-looking Statements This written communication contains forward-looking statements that involve risks and uncertainties concerning the proposed acquisition by Veeco Instruments Inc., (“Veeco” or the “Company), of Ultratech, Inc. (“Ultratech
Slide 19: Cautionary Statements, Additional Info, Solicitation
Cautionary Statements, Additional Info, Solicitation Forward-looking Statements, ‘This written communication contains forward-Jooking statements that involve risks and uncertainties conceming the proposed acquisition by Veeco Instruments ine. Veeco" or the “Company), of Utratech, Inc. “Ultratech, Ul