Demant A/s · OMXCOP:DEMANT

Demant A/s — Investor Day (2016)

27 slides from Demant A/s's investor day presentation, Sep 28, 2016

  1. Slide 1: Hearing Implants

    Hearing Implants Jes Olsen President, Hearing Implants

  2. Slide 2: Jes Olsen, President, Hearing Implants

    Jes Olsen President, Hearing Implants Curriculum • Born 1960 • B.Sc. in electronic engineering and electroacoustics • Employed with the William Demant Group since 1986 • General Manager, Oticon AB, Stockholm 1993-1996 • Various senior management roles in Oticon, including Vice President of R&D, 1997

  3. Slide 3: Agenda

    Agenda • Hearing implant market • Our hearing implant journey • Our strategic ambition • Technology, innovation and products • Roadmap principles • Global distribution • Q&A 3

  4. Slide 4: Hearing implant market

    Hearing implant market Strong fundamental growth drivers 4

  5. Slide 5: Cochlear implant (CI) market

    Cochlear implant (CI) market *Oticon Other (EUR million) 2009-15 CAGR 10% Medical 1300 1100 900 700 AB 2.5% of all aged 75+ have a 130K+ potential new CI 500 hearing loss that qualifies candidates per year with MEDEL them as CI candidates severe/profound hearing loss Cochlear Growth Pediatric Adult

  6. Slide 6: Bone-anchored hearing systems (BAHS) market

    Bone-anchored hearing systems (BAHS) market (EUR million) 2009-15 CAGR 14% Other 150 MEDEL 100 50 Oticon Medical ~5% 0 Penetration rate and only 150K+ users across the world approx. 25K implantations and fastest growing hearing Cochlear per year implant segment Transcutan Growth active drivers Trans

  7. Slide 7: William Demant Hearing Implants: Journey and strategic ambition

    William Demant Hearing Implants Journey and strategic ambition 7

  8. Slide 8: William Demant's hearing implant journey

    William Demant’s hearing implant journey Bone-anchored hearing systems (BAHS) Today Minimally Invasive Ponto Surgery 2007 2009 2011 2012 (MIPS) Oticon Medical established in Launch of the Ponto System, Ponto Pro Power Wide Ponto Implant 2013 2014 – a truly new perspective on Gothenburg, Sweden bring

  9. Slide 9: Our strong position

    Our strong position Long-term ambition of becoming a leading hearing implant company William Demant Group synergies Strong know-how to create new growth • The power house of hearing • Century-long history in sound processing • Research capabilities and audiology • Three decades of cochlear implant •

  10. Slide 10: William Demant's Hearing Implant organisation

    William Demant’s Hearing Implant organisation Strong and complementary local competencies • Neuro stimulation and CI audiology Nice • Hearing implant technology Gothenburg • Class 3 manufacturing and OC Copenhagen • Audiology and signal processing Copenhagen • Design of externals and micro mechanics

  11. Slide 11: Technology and innovation

    Technology and innovation Product update and roadmap principles 11

  12. Slide 12: CI Neuro update

    CI Neuro update Designed for a future of sound • 130+ patients in more than 10 countries • Excellent feedback from surgeons • Good audiological outcomes – even though it is still early days • No implant failures after implantation • No hardware design errors detected in neither implant nor BTE • New

  13. Slide 13: CI Neuro Zti: The receiver

    CI Neuro Zti The receiver • Overall Impression • Ergonomics: 9.0/10 • Ease of use: 9.0/10 • Compactness: 9.0/10 • Profile/Height: 8.9/10 • General design highly appreciated • Everybody really appreciated • The compactness of the device (small surgical footprint and low height) • The general ergonomi

  14. Slide 14: CI Neuro Zti: Fixation screws

    CI Neuro Zti Fixation screws • Evaluation details • Stabilisation of the receiver on the skull: 8.9/10 • Ease of use: 10/10 • Efficiency: 9.3/10 • Surgeons very much appreciated the screw fixation system • Rated as being easy to use, very convenient, easily and efficiently stabilising the receiver o

  15. Slide 15: CI Neuro Zti: The EVO electrode array

    CI Neuro Zti The EVO electrode array • Overall impression • Lead: 7.9/10 • Ease of insertion: 6.9/10 • Softness: 7.2/10 • All surgeries were performed with the EVO electrode, and it is generally very well perceived • The "lead" being rated as very good • The softness of atraumatic arrays can sometim

  16. Slide 16: CI end-user stories

    CI end-user stories ”I’m able to answer my grandchildren’s many questions and can keep up with their conversations, even though they tend to go off in all directions.” Neuro CI user after activation and first experiences - Karin Christiansen, Neuro CI, left “One month after it was fitted, my boyfrie

  17. Slide 17: CI roadmap principles

    CI roadmap principles More competitive, step-by-step Step #1 Getting the most important right • A competitive, fully modern implant, Neuro Zti • Competitive and innovative signal processing based on Oticon technology for highest possible outcomes, Neuro One Step #2 Getting the important details righ

  18. Slide 18: Neuro 2 – the best sound ever designed

    Neuro 2 – the best sound ever designed USB powered IP 58 18

  19. Slide 19: For all ages and situations

    For all ages and situations Clip Swim kit IP 68 Ear plug retention kit Safety line 19

  20. Slide 20: The first Genie Oticon Medical CI

    The first Genie Oticon Medical CI 20

  21. Slide 21: BAHS status

    BAHS status Constant improvements of what is already good • MIPS • A truly new perspective on tissue preservation • Has the potential to become the future industry standard surgical method • Ponto BHX implant • Is replacing our classic hearing implant faster than expected • Fuels growth because of h

  22. Slide 22: BAHS roadmap principles

    BAHS roadmap principles Three choices for optimum outcome Percutaneous Direct transmission 1 • Most power and largest flexibility • Well proven technology with known limitations • Currently the golden standard of care Active transcutaneous direct transmission • Best cosmetics and higher patient acce

  23. Slide 23: Ponto 3 Super Power

    Ponto 3 Super Power Free focus Inium Sense feedback shiled Bineaural processing Super Power made beautiful • The world’s first abutment level Super Power Maximum Output Force level at 90 dB SPL input sound processor • Fitting range down to 65 dB HL (BC) • Increased MFO across the entire bandwidth •

  24. Slide 24: The bone conduction hearing implant

    The bone conduction hearing implant The solution for continuous strong growth of the BAHS Market • No need for the penetrating abutment – maintains the Ponto sound quality • Will open up the market for bone conduction solutions • More invasive surgery • Training and support • Higher price 24

  25. Slide 25: Global distribution

    Global distribution The core of managing a successful hearing implant business 25

  26. Slide 26: Aiming for global presence

    Aiming for global presence • Only limited global footprint with no access to US and China and just recently approved in several key European markets • Wholesale • All William Demant sales companies and most William Demant distributors will become distributors for Oticon Medical • Dedicated experts a

  27. Slide 27: Thank you

    William Demant / Thank you

Demant — Investor Day (2016) on 6ix