AT&S first choice for advanced applications Company - PowerPoint PPT Presentation

AT&S first choice for advanced applications Company Presentation September 2014 AT & S Austria Technologie & Systemtechnik Aktiengesellschaft | Fabriksgasse13 | A-8700 Leoben Tel +43 (0) 3842 200-0 | E-Mail info@ats.net www.ats.net

Agenda AT&S – the quality leader of PCB production Best positioned in highly attractive market AT&S Strategy AT&S Corporate Social Responsibility 1

Präsentationstitel / Verfasser / Ort, Datum 2

AT&S at a glance  AT&S is one of the word‘s leading manufacturer of high-end printed circuit boards  AT&S industrializes leading-edge technology for its business segments mobile devices, automotive & aviation, industrial electronics, medical & healthcare and advanced packaging  AT&S took the next step in implementing its high-tech strategy by entering the IC substrate business 3

Management Andreas Gerstenmayer, CEO  Joined AT&S as CEO in 2010  Previous positions include:  18 years of work experience at Siemens, including Managing Director with Siemens Transportation Systems GmbH Austria and CEO of the Drive Technology business unit in Graz from 2003 to 2008  Partner at FOCUSON Business Consulting GmbH after leaving Siemens  Education and other positions:  Member of the Research Council of Styria  Degree in Production Engineering from Rosenheim University of Applied Sciences Karl M. Asamer, CFO  Joined AT&S as CFO in 2014  Previous positions include:  Managing Director of GEKA Group in Germany  Managing Director of Sell GmbH in Germany  Education:  Degree: doctorate in business administration in Linz, Austria Heinz Moitzi, COO  COO since 2005; with AT&S since 1981  Previous positions include:  Various management positions within AT&S  Measurement engineer with Leoben University of Mining and Metallurgy  Education:  Degree from Higher Technical College of Electrical Engineering  Studied electrical installation with Stadtwerke Judenburg (Judenburg municipal utility company) 4

History  Collaboration agreement with leading semiconductor 2013 manufacturer to enter IC substrate market  Acquisition of land and start of construction of a high-end 2011 plant in Chongqing, China  Relocation of Group Headquarters from Vienna to Leoben 2010  Ramp-Up plant II in Nanjangud  Restructuring and reorientation of Leoben plant towards high- 2009 value industrial business  Focusing Shanghai on high-end mobile devices segment  Relisting on the Vienna Stock Exchange (Prime Market) 2008  AT&S buys flexible plant in Korea 2006  Start of production in new AT&S plant in Shanghai – one of the 2002 world’s leading HDI* facilities  AT&S listed on the Neuer Markt at the Frankfurt Stock 1999 Exchange  AT&S buys PCB plant in India  Privatisation and acquisition by Hannes Androsch, Willibald 1994 Dörflinger and Helmut Zoidl  Foundation of AT&S 1987 * High Density Interconnect (laser-drilled printed circuit boards ) 5

Financials 6

Global footprint  Design center in Düren, Germany  Production facilities in Europe and Asia  Headquarters in Leoben, Austria  Sales network spanning three continents  About ~7,300 employees  Procurement center in Hong Kong, China BU IA Plant Ansan, Korea Staff: ~250 Customer Orientation: 13% Automotive 47% Industrial 40% Mobile Devices BU MS Plant Shanghai, China Staff: ~4.250 Customer Orientation: 84% Mobile Devices 14% Automotive 2% Industrial AT&S AG Headquarters BU IA Leoben, Austria Plant Leoben, Austria BU IA BU MS Headquarters Plant Nanjangud, India Headquarters Staff: ~ 800 Hong Kong, Staff: ~1.100 Customer Orientation: Customer Orientation: BU MS China 9% Automotive 60% Automotive Plant Chongqing, China 91% Industrial 40% Industrial under construction Staff: ~400 BU IA Plant Fehring, Austria AT&S AG Headquarters Staff: ~350 Sales Offices /Representations Customer Orientation: Business Unit Mobile Devices & Substrates (BU MS) 44% Automotive Business Unit Industrial & Automotive (BU IA) 56% Industrial 7

1 day with AT&S 8

Agenda AT&S – the quality leader of PCB production Best positioned in highly attractive market AT&S Strategy AT&S Corporate Social Responsibility 9

Distribution of Revenue Distribution of Revenue* Distribution of Revenue* by by shipping location Customer´s headquarter Austria/Germany 52% 22% Austria/Germany 41% Other European Rest of Europe countries Other European Rest of Europe 15% countries Asia 8% 4% Asia 29% 29% Americas Americas *Revenue Q1 2014/15 *Revenue Q1 2014/15 10 Figures are based on internal management information systems and are subject to change | Source: AT&S AG

Business Segments Revenue Examplary Market Segment Characteristic Applications share* Leaders Sony Samsung ► volatility due to seasonal effects LG Nokia ( € in millions) 90.1 87.7 74.5 Motorola 69.0 68.0 Huawei 54% Blackberry ZTE Mobile Devices & Canon Substrates Apple Q1 13/14 Q2 13/14 Q3 13/14 Q4 13/14 Q1 14/15 ► more stable business due to longer product life time Siemens ( € in millions) General Electric 72.6 69.7 46% 66.4 66.3 EADS 62.9 Hella Continental Industrial & Automotive Q1 13/14 Q2 13/14 Q3 13/14 Q4 13/14 Q1 14/15  Includes the segment Advanced Packaging (still in the Texas Instruments process of being established) as well as group Others TDK-EPCOS management and financial activities Advanced Packaging Target market diversification provides for superior earnings stability and a close relationship with selected technology leaders in each market segment *) Based on external revenues € in millions for FY 2013/14 11

Project Status Chongqing (as of 30/06/2014)  Start Equipment Installation Certification FY 2016/17 FY 2015/16 FY 2013/14 FY 2014/15 FY 2012/13 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Ramp-up Volume Production Plant Lay-out Start Start Equipment  Product- Training Characterisation  Specification Start Equipment Completion of   Ordering Infrastructure  Investment as of 30/06/2014: € 136 million* *Additions to tangible fixed assets as of 30/06/2014 12 Figures are based on internal management information systems and are subject to change | Source: AT&S AG

Agenda AT&S – the quality leader of PCB production Best positioned in highly attractive market AT&S Strategy AT&S Corporate Social Responsibility 13

GLOBALISATION Megatrends NEW WORK URBANISATION MOBILITY NEO-ECOLOGY INDIVIDUALISATION SILVER SOCIETY NEW LEARNING CONNECTIVITY HEALTHCARE AT & S Austria Technologie & Systemtechnik Aktiengesellschaft | Fabriksgasse13 | A-8700 Leoben Tel +43 (0) 3842 200-0 | E-Mail info@ats.net www.ats.net

Megatrend: eg. Internet of Things (IoT) “The world is made up of trillions of things — cars, planes, jet engines, exercise equipment, the items on my desk. And then there’s the Internet. This category is about all of these things and the Internet, as we know it, coming together. 50 Billion Anything I can do over the Internet blended with my things.” Internet of Everything Chet Pipkin, CEO and founder of Belkin “Everything Is Connected: What 'The Internet Of Things' Means Now” Forbes Magazine, April 2014 10 Billion Mobility The device goes with you Fixed Computer You go to the 200 Million device * 1995 2000 2014 2020 IoT everyday physical things can become a computer that is connected to the * Number of connected devices Internet Source: http://www.forbes.com and http://de.control4.com 13

Megatrend: eg. Wearables Expected market growth: Revenues in Wearable Devices will grow from 8,8 bln US$ (2012) to 30 bln US$ (2018) Sales of Wearables units: 2014 - 105mln units/2018: 210mln units Cochlear Implants Deep Brain Neurostimlators Cardiac Defibrillators/ Gastric Stimulators Pacemakers Insulin Pump Foot Drop Implants Source: Shutterstock, Agentur DMP 16

The Wearables Market – Application Fields World Market for Wearables – according to application field 35 30 25 Industry Industrie Infotainment Infotainment 20 Billion US$ Fitness/Wellness Fitness/Wellness 15 Gesundheit/Medizin Health/Medical 10 5 0 2012 2013 2014 2015 2016 2017 2018 Source: IHS, 2014 The World Market for Wearable Technology 17

Electronic Industry Trends Flexibility Miniaturisation Modules / Packages High Speed / High Frequency Power Electronics / High Current Production Processes / Business Models AT & S Austria Technologie & Systemtechnik Aktiengesellschaft | Fabriksgasse13 | A-8700 Leoben Tel +43 (0) 3842 200-0 | E-Mail info@ats.net www.ats.net

Trends in the Electronic Industry Flexibility, Miniaturisation Healthcare Globalisation Integrating Electronics into everyday life Mobility Technology meets Design Connectivity Individualisation Flexible Electronics  ƒ Integration of electronics in Miniaturisation confined spaces (package, car,  Devices are getting smaller, lighter and more efficient – the medical devices) electronics must meet these demandsƒ  Mobile/portable electronics  Conjunction/combination of electronic modules Quelle: Shutterstock 19