Cvd Equipment Corporation · NASDAQ:CVV

Cvd Equipment — Investor Presentation (May 2023)

22 slides from Cvd Equipment's investor presentation, May 17, 2023

Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation by CVD Equipment Corporation (the “Company”) contains forward-looking statements, including information about management’s view of the Company’s future expectations, plans and prospects, its belief that current markets are at an inflection point, as well as ot
Slide 3: About CVD Equipment Corporation
About CVD Equipment Corporation We leverage 40+ years of We design, develop, and manufacture process equipment solutions for production, R&D and pilot experience in providing industry applications leading chemical vapor deposition systems Our products include a complete array of turnkey solutions se
Slide 4: CVD Equipment Corporation At a Glance
CVD Equipment Corporation At a Glance CVD designs and manufacturers turnkey deposition and thermal process equipment to the Silicon Carbide Power Electronics, Energy Storage and Aerospace & Defense Markets Investment Highlights Key Markets High-Growth Emerging Legacy Uniquely positioned to address m
Slide 5: CVD's Transformation
CVD’s Transformation 1.0 Creation and Validation 2.0 Transformation 3.0 Industry Leader Founded to Focus on Designing and Strategically Repositioning to Serve High-Growth Established Leader with Growing Market Share Manufacturing Key Process Equipment Solutions Markets • Reoriented strategy with CEO
Slide 7: Our Target Markets – Focused on High-Growth Markets, SiC
Our Target Markets – Focused on High-Growth Markets, SiC High-Growth Emerging Legacy High Power Electronics EV Battery Materials / Energy Storage Aerospace & Defense Silicon Carbide (SiC) Silicon Carbide Power Electronics provide Electric Vehicles are driving demand for Demand from OEMs for Ceramic
Slide 8: Massive Multi-Market Growth Opportunity, Focus on SiC
Massive Multi-Market Growth Opportunity, Focus on SiC $7.5B Estimated Global Automotive SiC market in 2030 growing at 27% CAGR from $0.9B in 2021(1) 6-11x PVT Equipment for SiC crystal growth by 2030 > $1B Cumulative SiC PVT crystal growth equipment TAM 2023-2030 $276B Global EV Battery Market in 20
Slide 10: CVD SiC Wafer Production for High Power Electronics
CVD SiC Wafer Production for High Power Electronics End-User Process Applications Key CVD Strengths Applications EV Charging PVT 150 mm SiC Crystal Growth System (2022) Temperature, Pressure and Overall Process Control EV Motor Power PVT 200 mm SiC Crystal Conversion Growth System (2023) Process Uni
Slide 11: State-of-the-Art Equipment Addressing SiC Wafer High-Growth Market
State-of-the-Art Equipment Addressing SiC Wafer High-Growth Market PVT-150 SiC Crystal Growth System CRYSTAL launched in 2022, PVT-200 planned launch 2023 Crucible Crystal Bulk GROWTH Charging Growth Annealing Crystal STEPS PVT 150™ SiC Epi Single Wafer System planned launch 2024 2022: Launched PVT1
Slide 12: Crystal Growth- Physical Vapor Transport Systems
Crystal Growth- Physical Vapor Transport Systems PVT150™ Go To Market Launch • R&D System: 2011 • Alpha System Customer Order Qty 6: Q4/2021 • Beta System Customer Order Qty 14: Q2/2022 • Alpha/Beta Shipments Qty 20: Q3/Q4 2022 • Production Customer Order Qty 10: Q4 2022 • Full Product Launch: Q1/20
Slide 13: Vertically Integrated Manufacturing Built in the USA
Vertically Integrated Manufacturing Built in the USA Applications Lab Manufacturing Quartzware SDC® Gas & Chemical New materials, coatings and processing CVD has expanded its internal Our quartzware manufacturing facility can Delivery Systems techniques through CVD’s Application manufacturing capabi
Slide 14: CVD Investment To Support The Market Growth Opportunity
CVD Investment To Support The Market Growth Opportunity Five Point Initiative 1 2 3 4 5 Grow market share Expand Diversify Innovate existing Build out Application through increased manufacturing manufacturing products while Lab for Process investment in sales capacity and facilities to drive adding
Slide 15: Seasoned Executive Team
Seasoned Executive Team Manny Lakios Richard Catalano Warren Cheesman Jeff Brogan Max Shatalov President & Chief Executive Officer Vice President & Chief Financial Vice President of Manufacturing Vice President of Sales & Marketing Vice President of Engineering & Officer Operations Technology • Appo
Slide 17: Quarterly Revenue
Quarterly Revenue $ in millions $10.0 $8.1 $8.7 87% $9.0 Q1 YoY Growth Rate $7.2 $8.0 $7.0 $5.8 $6.0 $4.7 $4.0 $4.3 $4.7 $5.0 $3.4 $4.0 $3.0 $2.0 $1.0 $0.0 $8.7 M Q1 CY21A Q2 CY21A Q3 CY21A Q4 CY21A Q1 CY22A Q2 CY22A Q3 CY22A Q4 CY22A Q1 CY23A Q1 CY2023A Revenue © 2023 CVD Equipment Corporation | Al
Slide 18: Annual Revenue
Annual Revenue $ in millions $25.8 57% CY2022A Growth versus CY2021A $16.9 $16.4 CY2020A CY2021A CY2022A $25.8M CY2022A Revenue © 2023 CVD Equipment Corporation | All rights reserved 18 enabling tomorrow’s technologies™
Slide 19: Annual Gross Profit and Operating Expenses
Annual Gross Profit and Operating Expenses Annual Gross Profit ($ in millions) $7.0 $6.6 Current Management Initiatives $6.0 • Expanding our in-house manufacturing $5.0 $3.5 capabilities $4.0 $3.1 $3.0 • Increasing our research and development $2.0 $1.0 investments in new product offerings such $0.0
Slide 20: Balance Sheet
Balance Sheet $ in Millions 3/31/23 12/31/22 Cash and Cash Equivalents $11.0 $14.4 Net PPE $12.6 $12.6 Other Assets $11.2 $10.9 Debt $0.4 $0.4 Other Liabilities $4.8 $8.1 Total Equity $29.6 $29.4 © 2023 CVD Equipment Corporation | All rights reserved 20 enabling tomorrow’s technologies™
Slide 21: Key Investment Highlights
Key Investment Highlights Key Markets 40+ years providing leading technology process equipment to electronics, aerospace and industrial markets Seasoned Management Team with deep global manufacturing expertise High Power Electronics Uniquely positioned to address massive high-growth SiC Power Electr

CVD Equipment — Investor Presentation (May 2023) on 6ix

Cvd Equipment — Investor Presentation (May 2023)

Slide 1: enabling tomorrow's technologies

Slide 2: Safe Harbor Statement

Slide 3: About CVD Equipment Corporation

Slide 4: CVD Equipment Corporation At a Glance

Slide 5: CVD's Transformation

Slide 6: Market Overview

Slide 7: Our Target Markets – Focused on High-Growth Markets, SiC

Slide 8: Massive Multi-Market Growth Opportunity, Focus on SiC

Slide 9: Product and Technology

Slide 10: CVD SiC Wafer Production for High Power Electronics

Slide 11: State-of-the-Art Equipment Addressing SiC Wafer High-Growth Market

Slide 12: Crystal Growth- Physical Vapor Transport Systems

Slide 13: Vertically Integrated Manufacturing Built in the USA

Slide 14: CVD Investment To Support The Market Growth Opportunity

Slide 15: Seasoned Executive Team

Slide 16: Financial Overview

Slide 17: Quarterly Revenue

Slide 18: Annual Revenue

Slide 19: Annual Gross Profit and Operating Expenses

Slide 20: Balance Sheet

Slide 21: Key Investment Highlights

Slide 22: Thank You