Slide 1: Third Quarter FY 2026 Quarterly Update
Third Quarter FY 2026 Quarterly Update Infineon Technologies AG Investor Relations public 1
Slide 2: Infineon at a glance
Infineon at a glance Addressing long-term high-growth trends FY25 revenue by segment Automotive (ATV) 10% Green Industrial Power (GIP) Power & Sensor Systems (PSS) 29% 50% Connected Secure Systems (CSS) Energy Mobility IoT green and efficient clean and safe smart and secure 11% Financials FY25 reven
Slide 3: Well-balanced portfolio among segments and key applications
Well-balanced portfolio among segments and key applications, highest growth coming from Decarbonization and Digitalization FY25 revenue of €14,662m by segment and key application CSS E-mobility Other 10% 13% 20% Software- 11% defined vehicle Automation & Drives 4% PSS 29% ATV 50% Smart Cards 4% 8% A
Slide 4: Infineon is a global player, clear #1 in power semiconductors
Infineon is a global player, clear #1 in power semiconductors, automotive semiconductors and microcontroller market Power discretes and modules Automotive semiconductors 2025 total global market: $32.5bn1 2025 total market: $74.4bn2 Infineon 17.3% Infineon 12.8% onsemi 7.2% NXP 9.6% Texas Instr. 7.8
Slide 5: Our Target Operating Model
Our Target Operating Model: committing to ambitious financial goals and being the sustainability leader Target Operating Model through cycle Revenue growth >10% Segment Result Margin 25% Adj. Free Cash Flow Margin1 10-15% Sustainability leader CO2 neutrality 2030 1 See notes for definition 2026-08-0
Slide 6: Outlook for Q4 FY26 and FY26
Outlook for Q4 FY26 and FY26 Outlook Outlook Q4 FY261 FY261 Revenue ~€4.7bn ~€16.3bn Adj. Gross Margin low-to-mid 40s % Segment Result Margin ~23% ~20% FCF ~€0.9bn/ Adj. FCF ~€1.85bn Investments ~€2.7bn D&A ~€2.0bn2 1 Based on an assumed average exchange rate of $1.15 for €1.00 for Q4 2 Including th
Slide 7: Modular investment approach for long-term value creation
Modular investment approach for long-term value creation – pull-in of AI related investments for faster ramp Infineon investments1 FY26 ~€2.7bn Strategic investments ‒ Dresden module 4 Capacity investments ‒ Smart power and logic: enabling further growth for ”powering AI” and analog/mixed-signal pro
Slide 8: The Smart Power Fab ramps production at exactly the right time
The Smart Power Fab ramps production at exactly the right time to serve powering AI growth – ahead of construction schedule Summer 2023 Autumn 2023 Spring 2025 Summer 2026 Building permit Shell construction Facility equipment Ramp-up 2026-08-05 public Copyright © Infineon Technologies AG 2026. All r
Slide 9: The Smart Power Fab – largest fab for intelligent power semiconductors worldwide
The Smart Power Fab – largest fab for intelligent power semiconductors worldwide ‒ Largest fab for intelligent power semiconductors worldwide and one of the most advanced and flexible 300 mm semiconductor manufacturing facilities ‒ Creation of ~1,000 jobs, supported by expanded vocational training,
Slide 10: Our Smart Power Fab will serve a highly differentiating product portfolio
Our Smart Power Fab will serve a highly differentiating power and analog/mixed-signal product portfolio with high flexibility Power switches → Analog/mixed-signal ICs → Include significant shares of analog/power + some digital circuitry P r Controller ADC S o Processor e t Power supply High side
Slide 11: Hybrid manufacturing strategy balances inhouse manufacturing and outsourcing
Hybrid manufacturing strategy balances inhouse manufacturing and outsourcing to strategic partners – sweet spot for Infineon Strategic differentiation … and outsourcing to strategic through right mix of inhouse manufacturing partners manufacturing … Differentiation arises not from technology, but ma
Slide 12: From 4 to 3 divisions
From 4 to 3 divisions: New organizational structure to bring innovative system-level solutions to customers faster From… ATV GIP PSS CSS …to: Automotive (ATV) Power Systems (PS) Edge Systems (ES) Focus applications (examples) • SDV • Power infrastructure • Robotics & Edge AI • E-mobility • AI Datace
Slide 13: Well-balanced and simplified business setup
Well-balanced and simplified business setup FY25 revenue of €14.7bn as reported and pro forma CSS 10% MCU, security, wireless connectivity ~20% ES RF, sensors, USB PSS 29% Power (Si MOSFET, GaN), analog ICs ~30% PS Power (IGBT, SiC) GIP 11% OBC ATV 50% ~50% ATV 2026-08-05 public Copyright © Infineon
Slide 14: Infineon strengthens its sensor leadership with the acquisition of ams OSRAM's sensor portfolio
Infineon strengthens its sensor leadership with the acquisition of ams OSRAM’s non-optical analog/mixed-signal sensor portfolio Transaction overview CY26e revenue ~€230 m analog/mixed-signal sensor business Purchase price €570 m Employees Strategic rationale ~230 employees, thereof ~150 in R&D fable
Slide 15: Infineon serves all markets with a broad sensor portfolio
Infineon serves all markets with a broad sensor portfolio to provide best solutions in Auto and Industrial Automotive Industrial Medical ‒ Radar sensors ‒ Radar sensors ‒ Temperature sensors ‒ Magnetic position sensors ‒ Magnetic position sensors ‒ Conventional and photon counting IC ‒ Magnetic sp
Slide 16: Strengthening of Infineon's leading robotics sensor solutions
Strengthening of Infineon’s leading robotics sensor solutions with acquired portfolio – addressing around 200 sensors Humanoid sensor usage ‒ Broad range of environmental sensors (pressure, vibration, SiMiC, ToF, radar) ‒ Capacitive sensing for dexterous hands, >100 position sensors, e.g. for joints
Slide 17: Undisputed power systems leadership mastering all three key materials
Undisputed power systems leadership mastering all three key materials Reliable multi sourcing Application of raw materials Si/SiC/GaN understanding Packaging know-how and World-scale fabs hybridization competence Controller Driver IC Power switch Software + Algorithms Leadership in Power Systems acr
Slide 18: Infineon is the leader across all power semiconductor technologies
Infineon is the leader across all power semiconductor technologies – unparalleled portfolio and know-how World’s thinnest silicon power World’s most competitive World’s first 300 mm wafer with 20 µm on 300 mm 200 mm silicon carbide power fab gallium nitride power wafer ‒ Broadest Si-power portfolio
Slide 19: Infineon presents the world's thinnest silicon power wafer
Infineon presents the world’s thinnest silicon power wafer paving the way for more energy efficient power systems Infineon reduces wafer thickness from 40 µm to 20 µm [µm] ‒ Infineon pioneers 20 µm process 180 at high-scale production 160 ‒ Halving thickness also 140 halves resistance, reducing powe
Slide 20: Leading silicon carbide trench technology with competitive manufacturing
Infineon combines leading silicon carbide trench technology with the industry's most competitive manufacturing setup SiC raw material supplier network ‒ More than 6 qualified SiC wafer and boule suppliers ‒ Globally diversified and resilient Superior trench technology ‒ 30% more chips per wafer than
Slide 21: Infineon is a leader in GaN technology
Infineon is a leader in GaN technology and can build on the industry’s broadest IP portfolio and application expertise Leading GaN product Broadest IP portfolio MV and HV portfolio in the market applications (~350 patent families) World’s first 300 mm GaN manufacturing Leadership process strengthens
Slide 22: Infineon at the core of IoT
Infineon at the core of IoT – driving digitalization by serving strongly growing multi-application markets Consumer IoT Industrial IoT Automotive IoT Products: MCU – Connectivity (Wi-Fi, BLE, NFC) – Sensors – Security – Power supply & switches at the core o eon Coin cell- Battery- powered in f Io Po
Slide 23: Infineon and NVIDIA enable quantum-resilient hardware root of trust
Infineon and NVIDIA enable quantum-resilient hardware root of trust for physical AI Security across the robot lifecycle with Infineon OPTIGATM TPM and NVIDIA Jetson ThorTM Cryptographic check of software integrity Platform security and authentication Physically isolated, certified solution Secured A
Slide 24: ESG: Targets and achievements
ESG: Targets and achievements 2026-08-05 public Copyright © Infineon Technologies AG 2026. All rights reserved. 24
Slide 25: SBTi has approved our CO2 emission reduction targets
Important milestone achieved: The Science Based Targets initiative (SBTi) has approved our CO2 emission reduction targets SBTi validation of Infineon’s 2030 CO2 reduction targets marks a major step in our decarbonization journey − Scope 1 and 2 targets align with the Paris Agreement, limiting global
Slide 26: Our 2030 carbon neutrality goal is aligned with the Paris target
Our 2030 carbon neutrality goal is aligned with the Paris Climate Agreement’s 1.5°C target CO2 burden1 CO2 savings2 2.7 million tons of CO2 equivalents 143 million tons of CO2 equivalents Ratio ~1:53 previously 1:45 On the road to carbon neutrality3 we achieved Infineon’s CO2 target3 by 2025 and 203
Slide 27: Our Smart Power Fab in Dresden sets new standards for sustainability
Our Smart Power Fab in Dresden sets new standards for sustainability Water management ‒ Industrial water instead of drinking water for operations ‒ Water recycling rate to up to 45% by 2033 ‒ 90% of the used water will be returned to the Elbe River in same high quality Climate tech ‒ For energy and
Slide 28: External recognitions confirm our engagement in sustainability
External recognitions confirm our engagement in contributing to a sustainable society Rating/Score Scale Date MSCI ESG AA CCC to AAA 04/2026 B climate scoring CDP B water scoring F to A 01/2026 Ecovadis 99th percentile “Platinum” award 0 to 100 09/2025 Dow Jones Best-in-Class Dow Jones Best-in-Class
Slide 29: Automotive
Automotive 2026-08-05 public Copyright © Infineon Technologies AG 2026. All rights reserved. 29
Slide 30: ATV at a glance
ATV at a glance ATV revenue and segment result margin FY25 revenue split by product group [EUR m]1 Revenue Segment result margin CAGR 11% power (discretes, (FY21 – FY25) modules) 8,242 7,716 7,402 6,516 control & 4,841 29% connectivity 26% 23% 21% 16% analog & FY211 FY221 FY231 FY24 FY25 sensors 1 T
Slide 31: Infineon's top market position is built on system competence
Infineon’s top market position is built on system competence based and an industry-leading product portfolio Automotive semiconductors (2025 total market: $74,408m; +6.4% y-y) Infineon’s 2025 market share and position by region Infineon 12.8% 16.2% 15.4% NXP 9.6% 12.8% 12.4% 11.5% 10.4% Texas Instr.
Slide 32: Strong content growth drivers in xEV and software-defined vehicles
Several strong content growth drivers for Infineon in xEV and software-defined vehicles, even at flat LV production Structural trends fueling our growth Overview of growth vectors until 2030 xEV 2025 2030 ‒ Strong volume growth of BEVs and PHEVs Share of xEVs ‒ Increasing share of SiC in traction in
Slide 33: Infineon is the world leader in automotive semis
Infineon is the world leader in automotive semis, serving all key applications and benefiting strongly from content growth Average semiconductor bill-of-material per car in 2025 and 2030 Semiconductors covered by Infineon Drivetrain applications: ~$1,600 per BEV (up to ~$2,500 for high-end car) ‒ Tr
Slide 34: Growth of L1/L2/L2+ is the main driver of ADAS semiconductor content
Growth of L1/L2/L2+ is the main driver of ADAS semiconductor content until 2030 Car production by degree of automation (SAE level) Radar is essential to meet decisive requirements of ADAS/AD 100% Distance L0 5 4,5 L0 4 80% 3,5 Lane Detection Speed 3 L1 2,5 2 1,5 60% 1 0,5 0 L1 L1/L2/L2+ Traf
Slide 35: Broad product portfolio and system understanding enable higher BoM
Infineon’s broad product portfolio and system understanding enable higher BoM and allow compact designs and fast T2M Infineon inverter reference design, covering up to 95% of value P2S (product-to-system approach) ‒ Reference design for up to 300 kW, further customization possible OPTIREG 32-bit Buc
Slide 36: AURIX TC4x with integrated PPU brings AI-on-the-edge to the battery
Infineon AURIX TC4x with integrated PPU brings AI-on-the-edge to the battery AURIX TC4x Efficient battery cell utilization Battery cost ‒ Higher capacity PPU ‒ Less cells Battery health (parallel processing unit) ‒ Lower battery cost Faster charging High computing performance with complex Charging s
Slide 37: Number of power MOSFETs per car continues to increase
Number of power MOSFETs per car continues to increase, and drives accelerated growth for the leading portfolio Examples of MOSFET applications Latest portfolio with constant innovation Technologies, packages and voltages OptiMOS 7 40 V Power door Power Brake Electric power BMS Transmission Windshiel
Slide 38: Software-defined vehicles are enabled by safe/secure computing
Software-defined vehicles are enabled by safe/secure computing, high-speed in-vehicle networks, and intelligent power distribution new features in monetization of safety and security functions & data Advantages of standardization of new features in comfort, software-defined components connectivity a
Slide 39: Automotive Ethernet portfolio strengthens our market leading MCU position
The Automotive Ethernet portfolio strengthens our market leading MCU position and increases offering for zonal architectures Infineon’s unique portfolio of MCU and Ethernet Components of hierarchical E/E architectures: Automotive MCUs Automotive Ethernet High Performance Computing (HPC) Complex sens
Slide 40: Extended portfolio contributes to SDV as the second growth pillar
Infineon’s extended portfolio contributes essentially to SDV as the second growth pillar alongside e-mobility Infineon components for hierarchal computing E/E architecture Infineon BoM potent.: ~$500 HPC SoC/ Safety Smart Gate ‒ High-level control for complex, safe MPU* Comp. Power Driver MOSFET Swi
Slide 41: Smart semiconductors in power distribution systems are key enabler for SDV
Smart semiconductors in power distribution systems are key enabler for SDV while ensuring high availability and resilience Infineon PROFET Wire Guard enables SDV Relay replacement Switch e.g. PROFET Wire Guard Fuse ISO 26262 replacement Protect compliant Load status Fast failure isolation Diagnose (
Slide 42: Green Industrial Power
Green Industrial Power 2026-08-05 public Copyright © Infineon Technologies AG 2026. All rights reserved. 42
Slide 43: GIP at a glance
GIP at a glance GIP revenue and segment result margin FY25 revenue split by application [EUR m] Revenue Segment result margin Home Appliance CAGR 1% (FY21 – FY25) Heating, Ventilation, 10% Renewable Air condition Energy 2,205 10% 30% Generation 1,934 1,790 1,542 1,631 30% 21%
Slide 44: Huge potential along entire green energy chain until 2030
Huge potential along entire green energy chain until 2030 according to IEA Net Zero scenario Generation Infrastructure Consumption $600bn annual Photovoltaic + 10,300 GW Grid network Heat pump +420m units investments +200k FC EV Wind power +3,300 GW Grid storage +2,100 GW H2 Fuel cell1 +200k FC Truc
Slide 45: Green energy generation provides large business opportunities
Green energy generation provides large business opportunities Power semiconductor content by application 6000 [EUR per MW] [EUR per installation] Mainly SiC 5,000 5,000 Mainly IGBT 5000 4000 3,500 3,500 3000 2,500 2,000 2000 2,000 1,500 1,000 1000 0 100 500 60
Slide 46: Renewables are on average the cheapest source of energy
Renewables are on average the cheapest source of energy [USD/MWh] ⌀ 58-254 USD/MWh 250 -50% Levelized Cost of Energy (USD/MWh) 200 150 ⌀ 31-100 USD/MWh 100 50 0 Nuclear Gas Coal Solar 1 Solar + Storage1 Onshore Wind 1 Costs for Utility-scale installations USA Europe China Based on Wood Mackinzie LCO
Slide 47: Commercial and Utility Storage Solutions with strong growth potential
Commercial and Utility Storage Solutions with strong growth potential Infineon’s semiconductor content for energy storage solutions (ESS) ‒ IGBT discretes ‒ SiC MOSFETs power ‒ Low & medium power modules ‒ High-power modules control & ‒ MCUs >€2,500 per MW connectivity ‒ Connectivity chips analog &
Slide 48: Solid-state transformers: new application with significant market potential
Solid-state transformers: new application for semiconductors with significant additional market potential Conventional transformer Solid-State transformer (SST) EasyPACK ~40x lighter1 ~14x smaller1 ~50% faster ~20 t ~500 kg construction time Conventional transformer market Infineon expects that SST
Slide 49: Solid-state circuit breakers: increased safety and efficiency
Solid-state circuit breakers: increased safety, energy efficiency and reliability in power distribution Analog circuit breaker Digital solid-state circuit breaker (SSCB) Traditional electromechanical analog Enables smart energy management: circuit breakers protect electrical circuits - Ultra-fast ov
Slide 50: Adding CoolSiC JFET to MOSFETs
Adding CoolSiC JFET to MOSFETs: Infineon offers most comprehensive SSCB portfolio in the industry More than 20 SSCB key customers and first Design-Wins with CoolSiC JFET Q-DPAK with CoolSiC JFET Energy savings ✓ Provides ground-breaking ultra-low RDS(on) 1.5 mΩ at 750 V and 2.3 mΩ at 1200 V VBDss Ro
Slide 51: Power & Sensor Systems
Power & Sensor Systems 2026-08-05 public Copyright © Infineon Technologies AG 2026. All rights reserved. 51
Slide 52: PSS at a glance
PSS at a glance PSS revenue and segment result margin FY25 revenue split by application [EUR m]1 Revenue Segment result margin Others CAGR 7% (FY21 – FY25) 5% 4,208 Computing 4,070 30% 3,798 3,795 3,268 Industrial 35% 28% 25% 23% 16% 13% 5% Communications 10% 15% F
Slide 53: Significant acceleration of our AI revenues
Significant acceleration of our AI revenues due to most advanced technology and broadest portfolio Infineon is growing together with customers driven by significant AI investments Revenues from powering AI datacenters [EUR m] 3,000 In FY25, our AI server business achieved >>2,500 2,500 >10x >€700m n
Slide 54: Serving all AI-related power conversion from grid-to-core
With its energy efficient power semiconductors Infineon is serving all AI-related power conversion from grid-to-core Server power flow for Gen 1 / Gen 2 / Gen 3 server rack architecture 400 V AC 48 V DC 12 V / 6 V ~1 V 11 kV AC 800 V DC Power 1st stage 2nd stage supply Power supply unit (PSU) Interm
Slide 55: Innovative 3-phase PSU system solutions
Innovative 3-phase PSU system solutions leverage system expertise and IP to deliver industry-leading performance and efficiency Infineon’s solutions range from 3 kW to 30 kW 30 kW 27 kW 3-phase PFC 16+ kW 3-phase PSU 12 kW 3-phase PSU 8 kW 1-phase PSU η ~97.5% η ~97.5% 100+ W/in3 3.3 kW 1-phase PSU
Slide 56: Broad portfolio of HV & MV IBCs for AI server racks
Infineon offers a broad portfolio of HV & MV IBCs for current and future AI server rack architectures SAM IBC Market Infineon IBC Module for AI Meeting customer requirements [USD m] 1. With a wide range of IBC topologies, Infineon is serving a multitude of data rack configurations CAGR while ensurin
Slide 57: Highest-density VRM modules enable vertical power delivery
Highest-density VRM modules enable true vertical power delivery adjacent to the processor Breaking the speed and density barrier - Next-gen VRMs achieve 3 A/mm2 and more >x4 x2 > 4.0 A/mm2 3.0 A/mm2 > 3.0 A/mm2 Substrate- 2.5 A/mm2 Dual-Phase Substrate- embedded 2.0 A/mm2 2.0 A/mm2 4 Phases High den
Slide 58: We empower humanoids to sense, move, act and connect
We empower humanoids to sense, move, act and connect. Safe and secure. Processing Connectivity MCUs, motor control ICs, Wi-Fi, Bluetooth®, NFC, security ICs Ethernet, EZ-USB Power Storage Power switches incl. Si and GaN, DC-DC conversion, NOR-Flash, SRAM ~$500 voltage regulators Infineon’s addressab
Slide 59: Connected Secure Systems
Connected Secure Systems 2026-08-05 public Copyright © Infineon Technologies AG 2026. All rights reserved. 59
Slide 60: CSS at a glance
CSS at a glance CSS revenue and segment result margin FY25 revenue split by application [EUR m] Revenue Segment result margin Industrial and Consumer IoT CAGR 0% (FY21 – FY25) Industrial IoT 2,046 Smart cards Home 1,822 Appliance 1,397 1,506 1,418 Identification 45% 24% Smart Home 21% 55% Payment 13
Slide 61: Providing the essential building blocks: compute, connectivity, security, software
Providing the essential building blocks compute, connectivity, security, and software Consumer Industrial Automotive Compute Software PSOC and XMC DEEPCRAFT Studio and micro-controllers allow ModusToolbox software customers to enable smart, simplifies and accelerates Sense Actuate connected products
Slide 62: Infineon's MCUs at the heart of every IoT and Edge AI application
Infineon’s MCUs at the heart of every IoT and Edge AI application New compelling MCU platforms PSOC Edge – Enables a new generation of responsive machine learning devices PSOC PSOC PSOC Edge Control Connect − Broad application range in Edge AI, IoT, Consumer, and Industrial − Strength in low power,
Slide 63: Software with maximal ease of use
Software with maximal ease of use DEEPCRAFT Studio ModusToolbox − Infineon’s Edge AI development platform − Infineon’s modern, extensible − Data collection & pre- development system processing, model training, model conversion & − Collection of development deployment tools, libraries, and embedded r
Slide 64: Enabling connectivity with Infineon's broad wireless portfolio
Enabling connectivity with Infineon’s broad wireless portfolio for IoT, industrial, and automotive applications Wireless connectivity portfolio & advancements in ultra-wideband Wi-Fi AIROC Bluetooth® AIROC − Comprehensive Portfolio: Wi-Fi 4,5,6/6E − Full-featured Bluetooth® portfolio and connected M
Slide 65: Infineon as a trusted advisor in the PQC landscape
As quantum computing rises and introduces high security risks, Infineon serves as a trusted advisor in the PQC landscape. Computing power of quantum computers Infineon‘s post-quantum cryptography approach Computing power First universal quantum Infineon is the first company to Infineon TEGRION produ
Slide 66: Selected financial figures
Selected financial figures 2026-08-05 public Copyright © Infineon Technologies AG 2026. All rights reserved. 66
Slide 67: Strong presence in all regions; well-balanced customer portfolio
Strong presence in all regions; well-balanced customer portfolio; no customer represents more than 10% of total sales FY25 revenue by region1 Revenue by sales channel Distribution Top-10 direct customers2 partners2 EMEA (excl. Americas Germany) 12% 14% Japan 9% Germany 10% Top-10 direct customers Di
Slide 68: Group financial performance
Group financial performance Revenues and Segment Result USD exchange rate [EUR m] Segment result Revenues Segment result margin Average revenue exchange rate +13% +9% Q3 Q2 Q3 4,172 FY25 FY26 FY26 3,943 3,812 3,704 3,662 ø USD/EUR 1.14 1.17 1.16 Order backlog1 [EUR bn] 30
Slide 69: Automotive (ATV)
Automotive (ATV) Revenues Segment Result [EUR m] Revenues [EUR m] Segment Result Segment Result Margin +3% +6% 1,870 1,921 1,932 1,821 1,830 430 403 371 356 331 22.4% 22.1% 19.8% 18.4% 18.1% Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26
Slide 70: Green Industrial Power (GIP)
Green Industrial Power (GIP) Revenues1 Segment Result1 [EUR m] Revenues [EUR m] Segment Result Segment Result Margin +9% +11% 442 447 409 403 349 72 62 47 44 31 15.2% 16.3% 8.9% 11.7% 9.8% Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26
Slide 71: Power & Sensor Systems (PSS)
Power & Sensor Systems (PSS) Revenues1 Segment Result1 [EUR m] Revenues [EUR m] Segment Result Segment Result Margin +34% +14% 1,442 1,210 1,260 1,171 1,075 359 257 197 204 176 24.9% 20.4% 18.3% 17.4% 14.5% Q3 FY25 Q4 FY25 Q1 FY26 Q2 F
Slide 72: Connected Secure Systems (CSS)
Connected Secure Systems (CSS) Revenues Segment Result [EUR m] Revenues [EUR m] Segment Result Segment Result Margin +0% +10% 369 349 350 321 319 45 39 34 23 12.2% 18 11.2% 9.7% 7.2% 5.6% Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q
Slide 73: Gross margin and Opex
Gross margin and Opex Gross profit R&D SG&A [EUR m] [EUR m] [EUR m] 1,703 1,515 1,504 1,462 1,477 674 626 612 560 565 410 433 401 409 379 40.9% 38.1% 39.9% 38.7% 40.8% 15.1% 14.3% 17.1% 16.1% 16.2% 11.1% 10.2%
Slide 74: Investments, Depreciation & Amortization and Free Cash Flow
Investments, Depreciation & Amortization and Free Cash Flow Investments Depreciation & Amortization Free Cash Flow [EUR m] [EUR m] [EUR m] 582 541 599 514 484 478 288 451 463 452 466 442 -1,276* -199 -63 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26
Slide 75: Working capital, in particular trade working capital components
Working capital, in particular trade working capital components Working capital1 Inventories [EUR m] [EUR m] [days] 4,280 4,485 4,540 4,531 4,141 3,716 3,568 3,486 2,955 3,275 176 183 175 165 153 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q3
Slide 76: Development of liquidity and debt
Development of liquidity and debt Capital structure [EUR m] Gross Cash Gross Debt Net Cash/Debt 2,102 1,849 2,153 1,539 1,656 -4,984 -3,445 -6,829 -4,727 -6,829 -4,980 -6,841 -5,185 -7,874 -5,721 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 2026-08-
Slide 77: Return on capital employed
Return on capital employed Historical development 16.6% 12.2% 12.6% 8.4% 8.5% 4.9% 3.0% FY19 FY20 FY21 FY22 FY23 FY24 FY25 2026-08-05 public Copyright © Infineon Technologies AG 2026. All rights reserved. 77
Slide 78: Earnings-per-share and total cash return
Earnings-per-share and total cash return Development of earnings-per-share (EPS) from continuing operations [EUR cent] EPS basic EPS adjusted 44 37 34 35 34 32 22 23 18 19 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Total cash return to shareholders via d
Slide 79: Maturity profile for calendar years 2026 to 2037
Maturity profile for calendar years 2026 to 2037 [EUR m; USD m; nominal values] $700 $350 $300 $350 $350 €600 €750 €750 €750 €750 €650 €500 €500 $235 $250 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 Corporate bonds under the EMTN program US PP 2016 Notes Hybrid bond1 US PP 2021 Notes
Slide 80: Conservative financial policy and commitment to investment-grade rating
Conservative financial policy and strict commitment to investment-grade rating are the basis for through-cycle flexibility Financial Policy Targets Status Quo (LTM 30 June 2026) Gross Cash1 At least 10% of revenue3 11% of revenue → €1.7bn Gross Debt2 ≤ 2.0x EBITDA 1.8x EBITDA Comfortable ‒ Flexibili
Slide 81: Cinfineon
Cinfineon
Slide 82: Disclaimer
Disclaimer Disclaimer This presentation contains forward-looking statements and/or assessments about the business, financial condition performance and strategy of the Infineon Group. These statements and/or assessments are based on assumptions and management expectation resting upon currently availa
Slide 83: Glossary
Glossary AC alternating current MCU microcontroller unit AD automated driving LV low voltage ADAS advanced driver assistance system MEMS micro electro-mechanical system AI artificial intelligence MOSFET metal-oxide silicon field-effect transistor BBU battery back-up unit MPU micro processing unit BE
Slide 84: Notes and ESG footnotes
Notes and ESG footnotes Investments = 'Investments in property, plant and equipment' + 'Investments in other intangible assets and capitalized developments costs' Adjusted Free Cash Flow Margin = Adjusted for large investments in frontend buildings and major M&A transactions, for full definition see
Slide 85: Financial calendar
Financial calendar Date Event Location 2 September 2026 dbAccess TMT Conference London 8 September 2026 Communacopia and Technology Conference San Francisco 10 September 2026 Citi Global Technology Conference New York 16-17 September 2026 Exane ESG Conference Paris 17 September 2026 JP Morgan Milan
Slide 86: Investor Relations contacts
Investor Relations contacts Alexander Foltin Daniel Györy Executive Vice President Senior Director Finance, Treasury & Investor Relations Team lead Investor Relations +49 89 234-23766 +49 89 234-35078 alexander.foltin@infineon.com daniel.gyoery@infineon.com Isabell Diel Alexander Groschke Senior Man