Slide 1: Q3 / 9M 2025 Results
Q3 / 9M 2025 RESULTS NOVEMBER 12, 2025
Slide 2: Q3 / 9M 2025 at a Glance
Q3 / 9M 2025 AT A GLANCE Q3 revenue at EUR 55.8 m, 9M: EUR 175.4 m, New guidance for FY 2025: Revenue EBITDA at EUR 18.7 m year-to-date, gross between EUR 235-255 million and EBITDA margin at 32.1% between EUR 25-30 million Delays within several projects caused by CMD 2025 provided detailed informat
Slide 3: Financials
FINANCIALS
Slide 4: Group Revenue
GROUP REVENUE Q3 REVENUE IMPACTED BY OPERATIONAL PROJECT TIMING SHIFTS YEAR ON YEAR PRODUCT GROUPS (9M) REGIONAL SPLIT (9M) [EUR MN] [EUR MN] [EUR MN] Other -11.5% North America 22.8 198.3 (13.0%) Metrology 1.6 69.0 71.5 (0.9%) (39.4%) Asia 175.4 (40.8%) 103.9 Material (59.2%) Solutions 81.9 (46.7%)
Slide 5: Order Intake
ORDER INTAKE Q3 CONFIRMS STRONG YTD ORDER MOMENTUM IN BOTH SEGMENTS; 9M BOOK-TO-BILL AT 1.01 YEAR ON YEAR PRODUCT GROUPS (9M) REGIONAL SPLIT (9M) [EUR MN] [EUR MN] [EUR MN] Other +64.6% North America 38.0 176.5 (21.5%) Asia 66.8 1.4 84.3 Metrology (37.9%) (0.8%) Material 92.1 (47.8%) Solutions (52.2
Slide 6: LTM Development of Order Intake
LTM DEVELOPMENT OF ORDER INTAKE STRONG DOUBLE-DIGIT ORDER GROWTH DRIVEN BY BOTH SEGMENTS 72.8 +20.4% 57.5 41.8 46.1 43.5 25.5 34.7 21.6 24.8 Material Solutions 21.7 32.0 31.0 21.9 21.3 Metrology 12.9 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 6
Slide 7: Segment Semiconductor Systems
SEGMENT SEMICONDUCTOR SYSTEMS ORDER RECOVERY GAINING MOMENTUM, REVENUE AND EARNINGS IMPACTED BY PROJECT TIMINGS REVENUE EBITDA & EBITDA MARGIN ORDER INTAKE [EUR MN] [EUR MN] [EUR MN] +61.6% -15.1% -42.3% 135.7 26.7 115.4 115.3 +144.5% 71.4 15.4 -18.2% -77.6% 51.1 41.1 8.5 33.6 20.9 1.9 Q3 2024 Q3 20
Slide 8: Segment Industrial Systems
SEGMENT INDUSTRIAL SYSTEMS SOLID TOP-LINE AND STRONG DEMAND MOMENTUM REVENUE EBITDA & EBITDA MARGIN ORDER INTAKE [EUR MN] [EUR MN] [EUR MN] +71.4% -3.8% -7.8% 62.5 9.0 61.2 60.1 8.3 35.7 -25.6% +57.2% +1.4% 3.9 21.9 22.2 21.7 2.9 13.8 Q3 2024 Q3 2025 9M 2024 9M 2025 Q3 2024 Q3 2025 9M 2024 9M 2025 Q
Slide 9: Group Profit
GROUP PROFIT TEMPORARY MARGIN PRESSURE FROM PROJECT DELAYS AND LOWER CAPACITY UTILIZATION GROSS PROFIT & GROSS PROFIT MARGIN EBITDA & EBITDA MARGIN [EUR MN] [EUR MN] -8.9% -42.3% 61.8 32.4 56.3 18.7 -15.5% -63.8% 19.4 10.5 16.4 3.8 Q3 2024 Q3 2025 9M 2024 9M 2025 Q3 2024 Q3 2025 9M 2024 9M 2025 30.8
Slide 10: Cash Development
CASH DEVELOPMENT LOWER CASH BALANCE DUE TO PAYMENT DELAYS AND ONGOING INVESTMENTS 31.4 0.2 • Quarter-end cash position impacted by timing of customer payments -20.6 • Strong Q4 inflows expected, supported by continued order intake momentum • Investment activity (CapEx) remains disciplined and broadl
Slide 11: Guidance FY 2025 & Outlook FY 2026
GUIDANCE FY 2025 & OUTLOOK FY 2026 UPDATED FY 2025 GUIDANCE REFLECTS OPERATIONAL PROJECT TIMING SHIFTS; RECOVERY EXPECTED IN FY 2026 FY 2025 FY 2026 • Revenue between EUR 235-255 million • Gradual recovery and growth versus FY 2025 expected • EBITDA between EUR 25-30 million • Official guidance to b
Slide 12: Strategy Update & Outlook
STRATEGY UPDATE & OUTLOOK
Slide 13: Organizational Development
ORGANIZATIONAL DEVELOPMENT INCREASING EFFICIENCY THROUGHOUT THE GROUP Utilization management Streamlining Operations: China Metrology Production Expansion • Initiative to increase flexibility and • Previously two locations in China (Beijing • New 200 sqm cleanroom for Metrology support both product
Slide 14: Market Trends
MARKET TRENDS FUTURE APPLICATIONS IN SILICON CARBIDE WILL TRIGGER DEMAND New defense Energy / E-mobility Transparent SiC Advanced Packaging applications Applications: Applications: Applications: Applications: • Power • Power • VR glasses • SiC as heat sink electronics electronics and interposer mate
Slide 15: Q&A
Q&A
Slide 16: Financial Calendar
FINANCIAL CALENDAR UPCOMING CONFIRMED EVENTS AND PUBLICATIONS Date Occasion Place Category PVA representatives November 24-26, 2025 Eigenkapitalforum Frankfurt Investor conference MGMT IR December 4, 2025 Berenberg European Conference London Investor conference MGMT IR January 8-9, 2026 ODDO BHF For
Slide 17: Contact & Disclaimer
CONTACT & DISCLAIMER Sebastian Gonsior Dr. Gert Fisahn Manager Investor Relations Public Affairs P +49 (641) 68690-419 P +49 (641) 68690-400 M +49 (151) 627 44381 M +49 (151) 122 03311 sebastian.gonsior@pvatepla.com gert.fisahn@pvatepla.com This presentation contains forward-looking statements which