Infineon Technologies Ag · XETR:IFX
Infineon Technologies — Investor Day (October 2021)
91 slides from Infineon Technologies's investor day presentation, Oct 5, 2021
Slide 1: IFX Day 2021 Capital Markets Day
IFX Day 2021 Capital Markets Day virtual format, 5 October 2021
Slide 2: IFX Day 2021 – Agenda
IFX Day 2021 – Agenda UK Time Topic Presenters 14:00 – 14:05 Welcome address Alexander Foltin (IR) 14:05 – 14:35 1. The Big Picture Reinhard Ploss; Sven Schneider Jochen Hanebeck; Constanze Hufenbecher; 14:35 – 15:20 2. Electrification Peter Schiefer; Andreas Urschitz; Peter Wawer 15:20 – 15:30 Coff
Slide 3: Key messages
Key messages Semiconductors ever more pervasive – Long-term perspective paying off – Cyclical and structural winner – Infineon is uniquely positioned capacity expansion underway, WBG focus xEV, renewables leaders; at the core of IoT Cypress SiC, GaN MCU families CoolMOS™ Electrification and IGBT tre
Slide 4: The Big Picture
The Big Picture IFX Day 2021 virtual format, 5 October 2021 4
Slide 5: Since 1999, Infineon has grown by ~10% p.a., outperforming the semiconductor market
Since 1999, Infineon has grown by ~10% p.a., thereby consistently outperforming the semiconductor market Revenues CAGR (FY99 – FY20): 9.8% Semiconductor World Market CAGR (FY99 – FY20): 5.7% Profitability1 FY09 – FY11: FY12 – FY14: FY15 – FY17: F18 – FY20: (3y-average Segment Result Margin) 9.5% 12.
Slide 6: Sustained market leadership based on key success factors
Sustained market leadership based on key success factors – building the foundation of our future success System understanding & solution expertise › Early understanding of changing market demands › Translating what is technologically possible into marketable products according to customer needs Outs
Slide 7: Global megatrends lead to tectonic technology shifts: xEV and renewable energies
Global megatrends lead to tectonic technology shifts; examples: xEV and renewable energies Climate change & Demographic & Urbanization Digital transformation resource scarcity social change Number of BEV + PHEV sales1 Installed PV power2 36m ~4,200 GW 9x 5x ~800 GW 4m 0 40 GW 2010 2020 2030 2010 202
Slide 8: Global megatrends lead to tectonic technology shifts: assisted driving and IoT
Global megatrends lead to tectonic technology shifts; examples: assisted driving and IoT Climate change & Demographic & Urbanization Digital transformation resource scarcity social change Sales of cars equipped with ADAS (L1 or higher)1 Number of new IoT connections p.a.2 ~2x 69m 20bn ~3.5x 37m 6bn
Slide 9: Two secular themes: Electrification and Digitalization
Two secular themes: Electrification and Digitalization Electrification › CO2 saving › Energy efficiency Digitalization › Cost saving › Productivity › Comfort › New use cases 2021-10-05 Copyright © Infineon Technologies AG 2021. All rights reserved. 9
Slide 10: Numerous applications are getting electrified and/or digitalized
Numerous applications are getting electrified and/or digitalized – creating a much bigger playing field for Infineon Digitalization autonomous IoT AI-enabled smart edge device smart city drone machines health care digital warehouse robo taxi smart TV bright smart wearables cobot robot smart speaker
Slide 11: Infineon is shaping Electrification and Digitalization by innovative technologies
Infineon is shaping Electrification and Digitalization by innovative technologies enabling advanced solutions Digitalization neural network, edge IoT (sensor + MCU autonomous AI capabilities CMOS radar + NV memory + connectivity combo + security + software) 32-bit multi-core MCU Wi-Fi system-on-chip
Slide 12: Pushing technology limits, Infineon is uniquely positioned
By continuously pushing technology limits, Infineon is uniquely positioned to shape Electrification and Digitalization Major milestones in Electrification Major milestones in Digitalization Launch of CO2 and 3D ToF sensors Development of radar Acquisition of International sensor ICs (24/60/77 GHz) L
Slide 13: What we achieved in the past two decades in power semiconductors
What we achieved in the past two decades in the field of power semiconductors › Global leader in power systems › 2x as big as number two in the total power semiconductor market › Unmatched portfolio of modules and packaging technologies › Quality leadership › Broad portfolio in innovative wide-bandg
Slide 14: Product-to-System (P2S): our overarching strategic approach
Product-to-System (P2S): our overarching strategic approach for profitable growth and for making our customers more successful IoT & Consumer Industrial Customer Applications system Automotive Computing IoT platforms Development networks Ecosystem Services Partnerships Industrial associations P2S De
Slide 15: Infineon is exposed to structural, long-duration growth drivers
Infineon is exposed to an increasing number of structural, long- duration growth drivers for the coming decade Electromobility xEV HMI (human-machine interaction) Significance for Infineon ADAS/automated driving Data center – power management From IFX Day 2018 Battery-powered applications Consumer I
Slide 16: The intelligent world is arriving
The intelligent world is arriving – the fusion of present, new and emerging technologies promises new possibilities and opportunities Urban Mobility Data Security Human Machine Interaction Smart and autonomous systems incl. AI Network of green energies Smart Health Blockchain Ubiquitous IoT Quantum
Slide 17: Profitable growth journey since 1999 – from technology to solution provider
Profitable growth journey since 1999 – from technology to solution provider Unique position to shape Electrification and Digitalization › Global leader in power systems › Transformational Cypress acquisition to drive IoT Product-to-System (P2S) is the foundation of our future success Multitude of lo
Slide 18: Value creation crystallized in a resilient through-cycle Target Operating Model
Infineon’s value creation is crystallized in a resilient through-cycle Target Operating Model Target Operating Model1 Revenue growth 9%+ Segment Result Margin 19% Investment-to-sales 13% 1 Infineon financial performance to approach targets as Cypress integration progresses 2021-10-05 Copyright © Inf
Slide 19: Preliminary figures for FY21 and indicative outlook for FY22
Preliminary figures for FY211 and indicative outlook for FY221 Preliminary FY211 Indicative outlook FY222 Revenue ~ €11.0bn mid-teens % increase Segment Result Margin > 18% ~ 20% Investments ~ €1.6bn ~ €2.4bn D&A3 €1.5bn - €1.6bn ~ €1.7bn Free cash flow ~ €1.5bn ~ €1.0bn 1 Preliminary unaudited figu
Slide 20: Infineon – Part of your life. Part of tomorrow.
Cinfineon Part of your life. Part of tomorrow.
Slide 21: Electrification
Electrification IFX Day 2021 virtual format, 5 October 2021 21
Slide 22: Electrification and Digitalization
Electrification and Digitalization Electrification › CO2 saving › Energy efficiency Digitalization › Cost saving › Productivity › Comfort › New use cases 2021-10-05 Copyright © Infineon Technologies AG 2021. All rights reserved. 22
Slide 23: The energy conversion chain
The energy conversion chain 2021-10-05 Copyright © Infineon Technologies AG 2021. All rights reserved. 23
Slide 24: Green energy generation provides large business opportunities
Green energy generation provides large business opportunities Power semiconductor content by application Upside potential: example solar power 6000 [EUR per MW] 5,000 5000 4000 3,500 3,500 4,200 GW Net Zero Emissions scenario1 3000 2000 2,500 2,000 2,000 1000 0 0 2,400 GW Fossil, nuclear, Wind Solar
Slide 25: Penetration of PHEV + BEV is accelerating; power semi content opportunity
The penetration of PHEV + BEV is accelerating; the incremental content of power semis in xEV is a significant opportunity for Infineon PHEV + BEV annual car production1 2021 average xEV semi content2 Incremental power semi by application [m units] ~$950 ~$890 OBC, DC-DC, BMS, auxiliaries, analog Sep
Slide 26: About every second PHEV/BEV inverter uses Infineon power semiconductors
For newly produced cars in CY21, about every second inverter for a PHEV or BEV car is equipped with Infineon power semiconductors 2021e PHEV + BEV inverters1 Ex. of OEMs powered by Infineon Examples of SiC design-wins Volkswagen German Luxury OEM Hyundai US OEM new! PHEV and BEV cars in 2021: NIO Mi
Slide 27: SiC – Infineon is leading the market for industrial applications
SiC – Infineon is leading the market for industrial applications Focus applications Tipping points reached Customers Growing number of industrial applications use SiC: Photovoltaic › reduction of system cost › reduction of system size › higher efficiency and reduced total cost of ownership EV chargi
Slide 28: SiC – US$ billion revenue in sight
SiC – US$ 1 billion revenue in sight SiC revenue development Infineon’s success factors › Best in class Trench MOSFET on the ~$1bn revenue market › 2nd Gen. CoolSiC™ Trench MOSFET will ~30% market share be launched in FY22 › Broadest portfolio fits customers’ individual needs Automotive >90% › Scala
Slide 29: GaN technology – well positioned to address key markets
GaN technology – Infineon well positioned to address key markets GaN market forecast1 Key values of GaN vs Si Applications [USD m] Higher power density in adapters and chargers CAGR(20 – 25): 76% Focus applications 801 10x > 2% 20% 25% 3x switching more power lower higher power less frequency effici
Slide 30: Data center – AI hyperscaler and telecom/edge computing driving growth
Data center – AI hyperscaler and telecom/edge computing are driving the growth Server growth Power requirement per server [units m] Power1: CAGR(20-25): 8% 20 Exponential increase in AI ~3x Training & Networking (ASIC/SoC/FPGA/CPU/ 15 GPU) power level requires cutting-edge innovation in ~1.5x Device
Slide 31: Complete solutions for all types of data centers
Infineon offers complete solutions for all types of data centers at constantly increasing efficiency From the grid to the point of load Selected customers and partners › Complete solutions for all types of data centers based on full portfolio of switches, drivers and controllers › Significant increa
Slide 32: One Virtual Fab concept: 300 mm ramp in Dresden & Villach
We can follow the market demand by accelerating the 300 mm ramp in Dresden & Villach, One Virtual fab takes us to the next level We benefit from our ”One Virtual Fab” concept: Villach › Increased manufacturing flexibility 300 mm › Faster time-to-market for volume manufacturing › Higher economies of
Slide 33: Advantages of 300 mm manufacturing setup
Strong growth and excellent cost position of our target manufacturing setup improve frontend productivity for power and sensors Advantages of 300 mm Volume Cost per Layer +50% › Largest cost leverage through volume increase -20% and resulting economy-of- scale effects in 300 mm › Excellent cost posi
Slide 34: SiC and GaN capacity expansion
SiC and GaN capacity expansion to respond to fast growing demand Villach, Austria › 150/200 mm Si lines will be converted to SiC and GaN manufacturing while reusing non specific equipment › → SiC capacity secured in Villach › → GaN scaling-up to volume manufacturing Further expansion in Kulim Kulim,
Slide 35: Cold Split technology reduces SiC raw material losses
Our Cold Split technology leads to significant reduction of raw material losses during SiC manufacturing # of wafers Cold Split technology Crystal Technology (indexed) SiC boule 1x Boule Sawing Today Grinding Upper half Boule- splitting Traditional wire sawing wastes ~75% of raw material! Epitaxy Wa
Slide 36: We contribute a net CO2 reduction of more than 54 million tons
We contribute a net CO2 reduction of more than 54 million tons CO2 burden1 Around 1.61 CO2 savings2 million tons of CO2 Ratio ~1:35 Around 56 million equivalents tons of CO2 equivalents Net ecological benefit: CO2 emissions reduction of more than 54 million tons Infineon is excellent in resource eff
Slide 37: Resource efficiency and commitment to CO2 neutrality
Infineon is excellent in resource efficiency and committed to CO2 neutrality – sustainability is in our DNA Infineon ranks among the 10 percent1 most sustainable companies in the world In CY19, we used resources in our manufacturing processes much more efficiently than the global average of the semi
Slide 38: High-growth applications offer further CO2 savings potential
High-growth applications offer further additional CO2 savings potential In CY20: Wind energy: Annual installation PV energy: Annual installation capacity increased over 80%1 capacity increase of ~15%2 Net ecological benefit increases over time Drives: Increasing penetration of EVs: Increased sales c
Slide 39: Infineon is making Electrification happen
Infineon is making Electrification happen › Global leadership in powering renewables, xEV, and data center › Broadest solution portfolio across Si, SiC, GaN SiC/GaN capacity expansion underway – to meet structurally growing demand Only player operating two large-scale 300 mm fabs for power semicondu
Slide 40: Digitalization
Digitalization IFX Day 2021 virtual format, 5 October 2021 40
Slide 41: Electrification and Digitalization
Electrification and Digitalization Electrification › CO2 saving › Energy efficiency Digitalization › Cost saving › Productivity › Comfort › New use cases 2021-10-05 Copyright © Infineon Technologies AG 2021. All rights reserved. 41
Slide 42: High-growth IoT market offers opportunity of ~9bn devices
The high-growth and broad IoT market offers a business opportunity of ~9bn devices IoT applications: connected devices in billion units shipped in 20261 Industrial Consumer Automotive Smart Appliances Flat Panel TVs Sports, Fitness and Wellness Trackers Hearables & Home Automation Devices Smart Ligh
Slide 43: Our strategic P2S approach enhances profitable growth
Our strategic P2S approach enhances profitable growth Executing P2S Turning system and market understanding Enhance P2S profitable growth into superior solutions Maximize customer value › Differentiating functionality › Better cost/performance ratio › Faster time-to-market 2021-10-05 Copyright © Inf
Slide 44: With Cypress we created the most comprehensive portfolio for P2S
With Cypress we created the most comprehensive portfolio to execute our P2S strategy at the core of the IoT space Enhanced portfolio linking the real and the digital world Information and data about the real world Connectivity Real-world Digital Software / applications Ecosystem world Value addition
Slide 45: Infineon makes IoT happen
Infineon makes IoT happen: through excellence in all system-defining elements we create solutions with superior customer value Security Sense Software Compute › HW-based › MEMS, magnetic, current › BIOS, driver, firmware › Scalable MCU offering › Cloud access › Radar, haptic, CO2, H2 › Reference sof
Slide 46: Well on track to achieve announced revenue synergies
Well on track to achieve announced revenue synergies Planned ramp-up of revenue synergies › ~1.5 years after closing, tangible €1.5bn progress on synergy generation is being made in remote PMI, following a proven script for the integration. €1bn › We expect to overachieve our target for revenue syne
Slide 47: MCU and software are key for success in IoT
MCU and software are key for the success in IoT as they define the functionality and time-to-market of the device Customer expectations Infineon’s MCU offering Hardware › Broad solution-oriented MCU family offering Broad portfolio › Platform strategy for MCU development: Application fit › shared cor
Slide 48: Edge AI is a fast developing market
Edge AI is a fast developing market enabled by and calling for many of our core competencies Edge AI to offer additional growth opportunities as inference workloads move to device level Cloud AI Edge AI › Public and private clouds offer scalability › Smart subsystems offer low latency, improved priv
Slide 49: Edge AI enables predictive maintenance in Industrial IoT
For the Industrial IoT, Edge AI enables predictive maintenance and other use cases – playing right into our core competences Predictive maintenance is a significant Edge AI enhances Industrial IoT to enable predictive maintenance, lever for productivity increasing production efficiency and robustnes
Slide 50: Key enabling technologies to capture home automation growth
With a broad set of key enabling technologies, Infineon is well positioned to capture growth opportunities Market: Home Automation Customer ex. for wireless smart Devices1 Leading competencies to provide full system solutions cameras and smart door locks [units m] Application understanding CAGR: +20
Slide 51: One-stop-shop for smartwatches, trackers and hearables
Infineon acts as one-stop-shop with excellent RF, sensor, connectivity, power, memory and security solutions Market: Smartwatches, Trackers & Customer examples for smart Hearables1 Acting as one-stop-shop with comprehensive solutions watches and fitness trackers [units m] CAGR: +9% Application under
Slide 52: Driving the smart home opportunity with market-shaping customers
We are driving the smart home opportunity together with market- shaping customers Combining our portfolio to create new use cases Customer examples for Market: Smart home1,2,3 with our customers smart home [units m] Application understanding CAGR: +16% Ease-of-use 1,946 Software Frame TV Sense Compu
Slide 53: The car of the future drives digitalization
The car of the future is driving digitalization in many aspects and Infineon provides the ingredients ADAS/AD software-over-the-air infotainment and HMI › object recognition › remote OS updates › seamless digital entertainment › advanced spatial sensing › secure feature upgrades › always-on, secure
Slide 54: AURIX MCU family: first-choice automotive architecture
The Infineon AURIX™ MCU family has become the first-choice auto- motive architecture for high-growth and safety-critical applications Infineon AURIX™ revenue development over time Powertrain Classical safety ADAS/AD Domain and zone control › ICE engine management › power steering › camera host contr
Slide 55: Platform based approach for market-shaping and solution-oriented customers
Our platform based approach makes innovative solutions developed with market-shaping customers easy-to-use for solution-oriented customers ... which facilitates their quick “Market-shaping customer” adoption by the solution-oriented › Differentiators via component and product customers and introduct
Slide 56: Enhancing the customer experience along the customer journey
We are enhancing the customer experience along the customer journey: leveraging digital channels, increasing marketing, and sales efficiency Customer journey – simplified Awareness Selection and Design Purchase Use and Expand Key Broader reach and Ease of use and deeper customer Higher Higher custom
Slide 57: Digitalization creates substantial customer value
Digitalization creates substantial customer value and increases speed and efficiency in processes Digital transformation strengthens our key success factors Digitalization creates substantial customer value Digital products and services increase customer value and enable us to grow faster than the m
Slide 58: Digital transformation enhances key success factors
With Cypress we accelerated our P2S strategy at the core of the IoT space: industrial IoT, smart building, smart home, wearables etc. The integration of key elements like MCU and software are well on track, synergies are unfolding as planned Platform approach and digital interface make innovative so
Slide 59: Infineon – Part of your life. Part of tomorrow.
Cinfineon Part of your life. Part of tomorrow.
Slide 60: Value Creation
Value Creation IFX Day 2021 virtual format, 5 October 2021 60
Slide 61: Significant shareholder value creation since COVID trough and Cypress closing
Significant shareholder value creation since COVID trough and Cypress closing Infineon share price development compared to SOX and DAX1 IFX +233% 35 IFX share price (EUR) 30 SOX +153% Cypress 25 closing 20 DAX +81% 15 Turning sustainable profitable 10 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21
Slide 62: Value creation crystallized in a resilient through-cycle Target Operating Model
Infineon’s value creation is crystallized in a resilient through-cycle Target Operating Model Target Operating Model1 Revenue growth 9%+ Segment Result Margin 19% Investment-to-sales 13% 1 Infineon financial performance to approach targets as Cypress integration progresses 2021-10-05 Copyright © Inf
Slide 63: Growing annual revenues by €5bn+ in FY25
Growing annual revenues by €5bn+ in FY25 – multitude of growth drivers across markets/applications; well-diversified divisional split FY21 by division (indicative) Cum. rev. growth FY21 to FY25e FY25e by division (indicative) by theme CSS CSS 13% 13% ATV 44% ATV Electrification 43% Digitalization ~€
Slide 64: ATV – Portfolio for electromobility and assisted/automated driving
ATV – An extensive portfolio to address the two megatrends in automotive: electromobility and assisted/automated driving Growth contributors FY21 to FY25 cumulated values › Accelerated penetration of BEV and PHEV due to government regulations, OEM commitments, and customer preference › Ongoing incre
Slide 65: IPC – Decarbonization through Electrification and energy efficiency
IPC – Decarbonization through Electrification and energy efficiency gains are long term growth drivers Growth contributors FY21 to FY25 cumulated values › Decarbonization targets and cost competitiveness boost growth rates for Wind and PV installations › Emission free city mandates drive electrifica
Slide 66: PSS – Broadly diversified growth driven by Electrification and Digitalization
PSS – Broadly diversified growth driven by accelerating Electrification and Digitalization trends Growth contributors FY21 to FY25 cumulated values › HMI growth mainly driven by MEMS mic. › Additional growth potential by 3D sensors › Growth in data center driven by increase in the no. of servers and
Slide 67: CSS – IoT applications will be main growth drivers
CSS – IoT applications will be main growth drivers Growth contributors FY21 to FY25 cumulated values › Enhanced MCU based industrial solutions and easy-to-use sub-systems based on Infineon building blocks Industrial IoT and Consumer IoT › Increasing implementation of connectivity (Wi-Fi 6 and BLE) a
Slide 68: Well-diversified growth across applications
Well-diversified growth across applications; main drivers are xEV, ADAS, computing, communications, IoT and renewables FY21 by division (indicative) FY25 by division (indicative) xEV IIoT, CIoT 9% xEV 6% IIoT, CIoT 5% 7% ADAS ADAS 6% 5% CSS CSS ATV ~€11bn ATV €16bn+ PSS PSS smartphones smartphones a
Slide 69: Business resilience has improved over time
Infineon’s business resilience has improved over time: steady upward trend of SR Margin, smaller drop from peak to trough, larger size Time series of quarterly revenue, Segment Result and Segment Result Margin [€ m] Revenue in € m Segment Result (SR) in € m Segment Result Margin in % 3,000 3.000 25%
Slide 70: Key levers to reach 19% Segment Result Margin
Key levers identified to get to the target profitability flight level – 19% Segment Result Margin over the (next) cycle Looking back: former TOM achieved Looking ahead: all set up to reach current TOM 19% 17% over the (next) cycle; illustrative FY17 to FY21 COVID Levers for margin expansion Inhibito
Slide 71: Strategic differentiation through in-house manufacturing
Strategic differentiation through in-house manufacturing In-house manufacturing › We manufacture power and sensor technologies in-house where we can gain a strategic advantage from our leading-edge manufacturing technologies and our outstanding process expertise › This results in a differentiation p
Slide 72: Foundry supply shortage caused by cyclical and structural elements
Foundry supply shortage caused by cyclical and structural elements Several cyclical & structural developments forced the imbalance between semiconductor supply & demand Demand Demand Demand LTA incl. prepayments agreed / in negotiation to Under investment US − China trade war COVID-19 New technology
Slide 73: Focusing investments on areas with highest differentiation
We focus our investments to those areas with highest differentiation Split of investment-to-sales by category Major focus topics Investment- to-sales › Capacity expansion for SiC and TOM GaN (9%+ | 19% | 13%) › Further capacity expansion for 300 mm in Villach and Dresden ~13% › Further capacity expa
Slide 74: Target Operating Model on track, one year ahead of schedule
Putting it all together: Target Operating Model standing on solid ground – we are on track to reach it one year ahead of schedule Target Operating Model1 Drivers Revenue growth › Leading position in structurally growing markets 9%+ ✓ › Electrification › Digitalization › CY revenue synergies – fully
Slide 75: Conservative financial policy and commitment to investment-grade rating
Conservative financial policy and strict commitment to investment- grade rating are the basis for through-cycle flexibility Financial Policy Targets Status Quo (LTM 30 September 20213) Gross Cash1 €1bn + at least 10% of revenues → €2.1bn €1bn + 24% of revenues → ~€4bn Gross Debt2 ≤ 2.0x EBITDA 2.2x
Slide 76: Pecking order for capital deployment
Pecking order for capital deployment shows clear priorities Organic growth De-leveraging M&A Shareholder returns › Investing in R&D and › Continuation of stringent debt › Exploit opportunities for › Consistent dividend policy manufacturing with long-term reduction following Cypress anorganic growth
Slide 77: Sustainable value creation
Sustainable value creation – continuing our profitable growth journey into the next decade › Adding €5bn+ annual revenue by FY25 – powered by Electrification and Digitalization › Achieving 19% Segment Result Margin – through cycle › Investments focused on strategic differentiation Prudent capital st
Slide 78: Infineon – Part of your life. Part of tomorrow.
Cinfineon Part of your life. Part of tomorrow.
Slide 79: Dr. Reinhard Ploss
Dr. Reinhard Ploss › Reinhard Ploss has been a member of the Management Board of Infineon Technologies AG since 2007. He has been CEO since 1 October 2012. › Reinhard Ploss was born in 1955 in Bamberg, Germany. He studied process engineering at the Technical University of Munich and received his doc
Slide 80: Dr. Helmut Gassel
Dr. Helmut Gassel › Helmut Gassel has been a member of the Management Board and Chief Marketing Officer of Infineon Technologies AG since 2016. › Helmut Gassel was born in 1964 in Dortmund, Germany. He holds a Diploma in Physics from the Ruhr-University in Bochum, Germany. He received his PhD in Ele
Slide 81: Jochen Hanebeck
Jochen Hanebeck › Jochen Hanebeck has been a member of the Management Board of Infineon Technologies AG and Chief Operations Officer since 2016. › Jochen Hanebeck was born in 1968 in Dortmund, Germany. He received a degree in electrical engineering from RWTH Aachen University, Germany. › He has been
Slide 82: Constanze Hufenbecher
Constanze Hufenbecher › Constanze Hufenbecher has been a member of the Management Board of Infineon Technologies AG and Chief Digital Transformation Officer since 2021. › Constanze Hufenbecher was born in 1970 in Albstadt, Germany. She graduated in Business Administration from the University of Tübi
Slide 83: Dr. Sven Schneider
Dr. Sven Schneider › Sven Schneider has been a member of the Management Board of Infineon Technologies AG and Chief Financial Officer since 2019. › Sven Schneider was born in 1966 in Berlin. After completing his studies of Business Administration (Diplom-Kaufmann), he received his doctorate in Busin
Slide 84: Thomas Rosteck
Thomas Rosteck › Thomas Rosteck has been the Division President Connected Secure Systems at Infineon Technologies AG since 2017 (Chip Card & Security at that time). › Thomas Rosteck was born in 1966 in Offenbach am Main, Germany. He graduated in Business Administration and Computer Science from the
Slide 85: Peter Schiefer
Peter Schiefer › Peter Schiefer has been the Division President Automotive at Infineon Technologies AG since 2016. › Peter Schiefer was born in 1965 in Munich, Germany. He holds a Diploma in Electrical Engineering from the University of Applied Sciences in Munich. › He has been with Infineon since 1
Slide 86: Dr. Peter Wawer
Dr. Peter Wawer › Peter Wawer has been the Division President Industrial Power Control at Infineon Technologies AG since 2016. › Peter Wawer was born in 1967 in Berlin. He holds a Diploma in Electrical Engineering from the Technical University in Berlin where he also received his PhD. › He has been
Slide 87: Andreas Urschitz
Andreas Urschitz › Andreas Urschitz has been the Division President Power & Sensor Systems at Infineon Technologies AG since 2012 (Power Management & Multimarkets at that time). › Andreas Urschitz was born in 1972 in Klagenfurt, Austria. He holds a master's degree in Commercial Science from the Vien
Slide 88: Glossary (1 of 2)
Glossary (1 of 2) ABS anti-blocking system DC direct current AC alternating current DC-DC direct current - direct current AC-DC alternating current - direct current Edge AI edge artificial intelligence AD automated driving EPS electric power steering ADAS advanced driver assistance system eSIM embed
Slide 89: Glossary (2 of 2)
Glossary (2 of 2) IPM intelligent power module PSoC programmable system-on-chip IRF International Rectifier PSS Power & Sensor Systems division LTM last twelve months PV photovoltaic MCU microcontroller unit RAM random access memory MEMS micro electro-mechanical systems RF radio frequency MHEV mild
Slide 90: ESG footnotes and disclaimer
ESG footnotes and disclaimer 1) This figure considers manufacturing, transportation, function cars, flights, materials, chemicals, water/waste water, direct emissions, energy consumption, waste, etc. and is based on internally collected data and externally available conversion factors. All data rela
Slide 91: Institutional Investor Relations contacts
Institutional Investor Relations contacts Alexander Foltin Visitor address Executive Vice President Finance, Treasury & Investor Relations Am Campeon 1 – 15 +49 89 234-23766 885579 Neubiberg [email protected] Germany Isabell Diel Alexander Groschke Manager Investor Relations Director Inv