Elmos Semiconductor Se · XETR:ELG
Elmos Semiconductor — Investor Day (February 2026)
14 slides from Elmos Semiconductor's investor day presentation, Feb 24, 2026
Slide 1: Supply Chain Strategy & Operational Excellence
February 24, 2026 Supply Chain Strategy & Operational Excellence Dr. Patrick Schmitt, COO
Slide 2: Fabless Strategy – Year-1 Roadmap Update
Fabless Strategy – Year-1 Roadmap Update ▪ Wafer Fab transaction closed in December 2024 for net purchase price of approximately 93 million EUR Sale ▪ Testing and other facilities retained Completed ▪ Redirected focus on managing the global supply chain ▪ Onboarded and ramped a new OSAT for final te
Slide 3: Fabless Strategy Benefits are Already Starting to Materialize
Fabless Strategy Benefits are Already Starting to Materialize Fabless, Scalable Structurally Lower Value Focus on Core Optimized Capacity CAPEX Profile Competencies Working Capital ~15% ~70% ~25% ~50% Volume increase p.a. until Lower CAPEX ratio reflecting Test time reduction driven by Efficiency ga
Slide 4: Strong Demand Expected to Drive a Material Increase in Volume
Strong Demand Expected to Drive a Material Increase in Volume Revenue Growth Requires Step-Change in Volumes Key Requirements to Deliver Growth Volumes (actual) Volumes (expected) Scalability and Cost CAGR1 ▪ Fabless capacity model ~15% ▪ Standardization and reuse ▪ Backend-driven scalability ▪ Oper
Slide 5: Fabless Model Delivers Capital-Light, Scalable Capacity
Fabless Model Delivers Capital-Light, Scalable Capacity Partnerships with Leading Semiconductor Ecosystem Players Chip Design, Innovation and Customer Focus Wafer Processing Wafer Test Assembly Final Test (Backend) Tape and Reel (1) In advanced discussions with additional external partners Fabless s
Slide 6: Diversified Mix of Partners Enhances Supply Resilience
Diversified Mix of Partners Enhances Supply Resilience #4 #2 Global OSAT Global Foundry #4 Global Foundry Capacity extension for packaging #2 #1 Chinese Foundry #1 Wafer Probing >30 yrs #1 Established long-term relationship Global Foundry >15 yrs Deep, established relationship #7 #1 Global OSAT Glob
Slide 7: Outsourced Value-Add Share Set to Expand as We Grow
Outsourced Value-Add Share Set to Expand as We Grow Asia Dortmund Germany Target Setup ▪ Building full operational Operations Today capabilities in Asia ▪ Expanding regional Tape & Reel ▪ Established Singapore as the regional operations hub capacity ▪ Built a local China Operations function − Scalab
Slide 8: Execution Excellence with Capital Discipline
Execution Excellence with Capital Discipline Continuous Improvement with Capital Efficiency Test capacity expanded Capacity expansion largely Efficiency gains delivering ahead of demand to enable upgrade-led, with limited ~25% test time reduction future growth new tester purchases and stronger OEE p
Slide 9: Test Capacity Expansion Strategy: Internal Efficiency & OSAT Scale
Test Capacity Expansion Strategy: Internal Efficiency & OSAT Scale 2024 2026e 2030e 40% 20% 50% Wafer Test 60% 80% 50% 30% 25% 15% Final Part Test 70% 75% 85% OSAT (external) Dortmund (internal) We are structurally reshaping our test footprint to secure scalability, flexibility and cost leadership 9
Slide 10: We Continue to Drive Structural Inventory Normalization
We Continue to Drive Structural Inventory Normalization Optimized Inventory Management Remarks -10 pp. ▪ Demand levels used deliberately in 2025 to (23%) accelerate inventory normalization 42% 36% 35% ▪ OSAT cycles and throughput have been 32% optimized, supported by OEE improvements ▪ Tighter SIOP
Slide 11: Test Productivity Gains Enable Significant Capacity Expansion
Test Productivity Gains Enable Significant Capacity Expansion Typical Throughput Test Systems (in million units, figures approximated) Remarks ▪ Test time reduction through program x2 optimization and standardization 23.0 ▪ Sustainable OEE improvements across internal and external test footprint x3
Slide 12: Quality Continues to be a Core Pillar of the Elmos Identity
Quality Continues to be a Core Pillar of the Elmos Identity Quality delivers the zero-defect performance automotive demands, building long-term customer trust and repeat “The proactive and regular quality exchange with design wins Elmos gives us confidence and decision security when awarding new bus
Slide 13: Key Takeaways | Operations
Key Takeaways | Operations Fabless transformation structurally completed and operationalized Scalable and flexible capacity enabling sustainable volume growth Global partner network strengthens resilience and sharpens core focus Collaboration w/ leading foundries & OSATs - some built on decades-long
Slide 14: Disclaimer
Disclaimer This presentation contains forward-looking statements based on beliefs of Elmos‘ management. Such statements reflect the company‘s current views with respect to future events and are subject to risks and uncertainties. Many factors could cause the actual results to be materially different