Siltronic Ag · XETR:WAF
Siltronic — Q3 2026 Earnings Presentation
13 slides from Siltronic's earnings presentation, Nov 4, 2026
Slide 1: Q3 2026 Demand Improving
Q3 2026 DEMAND IMPROVING Michael Heckmeier & Claudia Schmitt November 4, 2026 © Siltronic AG
Slide 2: Key Messages of Today's Call
KEY MESSAGES OF TODAY'S CALL Strong wafer demand All major KPIs both in 200 and 300 mm improved qoq Pricing has not Sales outlook revised improved overall yet EBITDA margin narrowed qoq: Q3 2026 vs. Q2 2026 2 Q3 2026 Conference Call Presentation © Siltronic AG
Slide 3: Q3 2026: Sales Up 11% on Higher Wafer Demand
Q3 2026: SALES UP 11% ON HIGHER WAFER DEMAND 355 40 Sales in EUR mn Capex in EUR mn +11% vs. Q2 2026 Focus on 300 mm 22.9 58 EBITDA margin in % Net cash flow in EUR mn Q2 2026: 21.6% Q2 2026: EUR -27 mn -42 734 EBIT in EUR mn Liquidity in EUR mn Q2 2026: EUR -52 mn Dec 31, 2025: EUR 534 mn 3 Q3 2026
Slide 4: Financials Q3 2026
FINANCIALS Q3 2026 Strong demand and favorable FX supporting Q3 4 Q3 2026 Conference Call Presentation © Siltronic AG
Slide 5: Higher Wafer Demand Supports Sequential Improvement
HIGHER WAFER DEMAND SUPPORTS SEQUENTIAL IMPROVEMENT Profit & Loss, in EUR million Comments qoq1 n Q3 2026 Q2 2026 9M 2026 Sales o Sales up 11% on higher wafer area sold Sales 355 322 983 o Pricing, product mix and FX (EUR/USD 1.15 vs. 1.16) Gross profit -8 -14 -48 played a minor role Gross margin, i
Slide 6: Strong Balance Sheet and Improved Net Financial Position
STRONG BALANCE SHEET AND IMPROVED NET FINANCIAL POSITION Balance Sheet Composition, in EUR million Comments1 Sep 30, 2026 Dec 31, 2025 Fixed Assets EUR -127 mn ○ Decrease mainly reflecting depreciation Assets 4,909 4,761 exceeding capex of EUR 126 mn, partly offset by SGD Fixed Assets 3,587 3,714 cu
Slide 7: Debt Structure Backed by Strong Liquidity
DEBT STRUCTURE BACKED BY STRONG LIQUIDITY Debt Financing Instruments Maturity Profile of Debt Financing in EUR million in EUR million Q4 ∑ 2029 Syn loan SGP 2026 2027 2028 – 2033 Prepayments 127 233 of EUR 515 mn on the balance sheet Syn loan 64 251 224 792 253 EIB 175 1,458 Cash & Securities SSD SS
Slide 8: Outlook 2026
OUTLOOK 2026 Revised 8 Q3 2026 Conference Call Presentation © Siltronic AG
Slide 9: End Markets Expected to Grow by 7 Percent
END MARKETS (PRE INVENTORY) EXPECTED TO GROW BY 7 PERCENT Growth in Wafer Area Consumption, in % yoy AI driving servers and Split wafer consumption industry 2025 2026e by end use in 2025 21% Smartphones 3% -14% 18% Servers 30% 50% Shortage 16% Automotive 18% 2% in memory chips weighing on 14% PCs 12
Slide 10: Strong Volume Growth in 2026 Despite SD Closure
STRONG VOLUME GROWTH IN 2026 DESPITE SD CLOSURE Total 300 mm 200 mm 2025 vs. 2026 Strong volume since H2, but Wafer area increasing Volume demand Strong unfavorable product mix despite SD closure Improving qoq – close to full Improving resuming Clear improvement Loading with further ramp ongoing cap
Slide 11: 2026 Sales Guidance Revised, EBITDA Margin Narrowed
2026 SALES GUIDANCE REVISED, EBITDA MARGIN NARROWED Sales EBIT In the range of 20251 Significantly below the previous year Like for like above 20252 EBITDA margin Capex Between 22% and 24% Between EUR 180 and 200 mn Depreciation Net Cash Flow Between EUR 480 and 500 mn In the range of the previous y
Slide 12: Technological Leadership Recognized with Multiple Awards
SILTRONIC’S TECHNOLOGICAL LEADERSHIP AND EXCELLENCE RECOGNIZED WITH MULTIPLE AWARDS Outstanding Outstanding EPIC Best Silicon Best BEST in Quality Supplier Supplier Supplier Supplier Value Award Performance Performance Award Award Award Award Award Intel Samsung ST SSMC Infineon Micron April 2025 Se
Slide 13: Financial Calendar and Investor Relations Contact
Financial Calendar and Events November 9, 2026 November 11, 2026 November 20, 2026 November 23, 2026 November 25, 2026 November 30, 2026 December 1, 2026 BNP Paribas Metzler Frankfurt Morgan Stanley Deutsches GS European AI & Berenberg European BofA European Tech Roadshow, Paris Roadshow TMT Confere