WE LEAD THE FUTURE COMPANY PRESENTATION - First Sensor
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OUR EXECUTIVE BOARD Dr. Rothweiler and Dr. Gollwitzer are experienced industry managers Dr. Dirk Rothweiler Dr. Mathias Gollwitzer CEO CFO since Jan. 1, 2017 since Aug. 10, 2015 appointed until Dec. 31, 2019 appointed until Aug. 9, 2022 2017 CEO, First Sensor AG 2015 CFO, First Sensor AG 2012 Vice President Group Controlling, EnBW Energie Baden-Württemberg AG 2008 Executive Vice President Optical Systems, Jenoptik AG 2008 CFO, Mercedes-Benz France SAS 2005 Vice President Sales and Service, TCZ 2006 Director Corporate Controlling, DaimlerChrysler AG 2000 Managing Director Asia-Pacific, Süss Microtec Co. Ltd. 2005 CFO, DaimlerChrylser Belgium/Luxembourg NV/SA 2002 Director Research and Technology, Daimler AG 1999 Director Sales & Marketing, Süss Microtec AG 1999 CEO, Temic Sprachverarbeitung GmbH 1995 Project Manager for the Semiconductor Technology Division, Carl Zeiss 1995 Director Division Controlling, Telefunken Systemtechnik GmbH 1995 Doctorate from the Department of Engineering, RWTH Aachen 1992 Expert Adviser Finance/Controlling, Deutsche Aerospace AG www.first-sensor.com | 2
OUR COMPETENCIES With chip & packaging expertise we offer standard sensors & solutions SEMICONDUCTOR PRODUCTION 30% STANDARD SENSORS SALES SHARE MICROELECTRONIC PACKAGING 70% SENSOR SOLUTIONS & SYSTEMS SALES SHARE www.first-sensor.com | 4
OUR COMPETENCIES We are an expert for photonics, pressure & advanced electronics 40% 45% 15% SALES Photonics SALES Pressure SALES Advanced Electronics SHARE SHARE SHARE www.first-sensor.com | 5
OUR PRESENCE We are internationally positioned 76% 12% SALES SHARE 12% EUROPE SALES SHARE SALES SHARE ASIA NORTH AMERICA www.first-sensor.com | 6
OUR PRESENCE Around the globe, we are active in three growing B2B markets 50% 20% 30% SALES SHARE SALES SHARE SALES SHARE INDUSTRIAL MEDICAL MOBILITY Length Measurement Breathing and respiration Advanced driver assistance systems Radiation and Security Dialysis OEM pressure sensors Smart Building Endoscopy Industrial Process Control Diagnostics Aerospace www.first-sensor.com | 7
INDUSTRIAL AT A GLANCE We support customers’ increasing demand for industrial automation Sales revenues (EUR m)/CAGR Global Electronics Market (EUR bn) 3.8% +/-0% +6% +5% +4% 2014 2018e 2016 2017 2018 2019 Source: ZVEI Competitors Strategy New APD generation for autonomous machines Expanding pressure business in Asia with H and K series Strengthening photonic business in North America www.first-sensor.com | 8
MEDICAL AT A GLANCE We participate in the ongoing technical progress in medicine Sales revenues (EUR m)/CAGR Global Medtech Market (US-Dollar bn) 11.7% +5.5% +5.3% +5.1% +4.9% 2014 2018e 2018 2019 2020 2021 Source: Evaluate Ltd. Competitors Strategy Next generation H series Increasing production capacities Growth with digital imaging www.first-sensor.com | 9
MOBILITY AT A GLANCE We are a strategic partner for realizing a new idea of transportation Sales revenues (EUR m)/CAGR Light vehicles sales volume (m) 7.9% +3.2% +2.1% +3.0% +2.9% 2014 2018e 2018 2019 2020 2021 Source: AlixPartners Competitors Strategy Volume production with new camera family Sensor fusion with Embedded ECU & software competencies Growth with commercial & special vehicles www.first-sensor.com | 10
FINANCIAL FIGURES AT A GLANCE We improved sales revenues, profitability and financial strength Sales revenues (EUR m)/CAGR EBIT (EUR m)/CAGR 6.4% 31.9% 10 2014 2018e 2014 2018e Net debt (EUR m) Earnings per share (EUR) - 15.8% + 0.70€ 2014 2018e 2014 2018e www.first-sensor.com | 11
OUR STRATEGY FOR PROFITABLE GROWTH
OUR STRATEGY FOR PROFITABLE GROWTH We generate and utilize economies of scale in four dimensions 1 Target Markets 2 Key Products & Customers 3 Forward Integration 4 Internationalisierung Internationalization Key Germany Sensor System Industrial Products > 1 M€ p.a. Europe Sensor Medical Component North America Key Customers Mobility > 1 M € p.a. Chip Asia Operative Excellence www.first-sensor.com | 13
OUR STRATEGY FOR PROFITABLE GROWTH We generate and utilize economies of scale in four dimensions 1 Target Markets 2 Key Products & Customers 3 Forward Integration 4 Internationalisierung Internationalization Key Germany Sensor System Industrial Products > 1 M€ p.a. Europe Sensor Medical Component North America Key Customers Mobility > 1 M € p.a. Chip Asia Operative Excellence www.first-sensor.com | 14
DIMENSION 1: CLEAR FOCUS ON THREE TARGET MARKETS The industrial market is marked by smart processes Intelligent sensor systems control applications such as condition monitoring, predictive maintanance or human-machine collaboration. Source: Sick AG www.first-sensor.com | 15
DIMENSION 1: CLEAR FOCUS ON THREE TARGET MARKETS The medical market is characterized by miniaturization & digital health Devices in the nanometer range for new applications, e.g. ventilators for home use, are no longer merely visions of the future. www.first-sensor.com | 16
DIMENSION 1: CLEAR FOCUS ON THREE TARGET MARKETS The mobility market is driven by a new idea of transportation The trend towards partially and fully autonomous vehicles is possible only thanks to sensor-based driver assistance systems. www.first-sensor.com | 17
OUR STRATEGY FOR PROFITABLE GROWTH We generate and utilize economies of scale in four dimensions 1 Target Markets 2 Key Products & Customers 3 Forward Integration 4 Internationalisierung Internationalization Key Germany Sensor System Industrial Products > 1 M€ p.a. Europe Sensor Medical Component North America Key Customers Mobility > 1 M € p.a. Chip Asia Operative Excellence www.first-sensor.com | 18
DIMENSION 2: CLEAR FOCUS ON KEY CUSTOMERS & PRODUCTS Why is this efficient? Key Customers Key Products Single respective product developments result in relatively large quantities and therefore sales volumes. Sales per head in both sales and engineering increases – our existing team will be able to handle larger revenue streams. „Mix & Noise“ in operations are decreased due to reduced parts variety and transactions per revenue. Our supply chain and own production will gain in productivity and can be managed with fewer resources per revenue. With higher quantities per part, our purchasing power will increase. With more varietal purity we increase the stability of our value creation process. Lead time, on time delivery and quality will improve as a result. Our growth becomes more scalable and our profitability increases. www.first-sensor.com | 19
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OUR STRATEGY FOR PROFITABLE GROWTH We generate and utilize economies of scale in four dimensions 1 Target Markets 2 Key Products & Customers 3 Forward Integration 4 Internationalisierung Internationalization Key Germany Sensor System Industrial Products > 1 M€ p.a. Europe Sensor Medical Component North America Key Customers Mobility > 1 M € p.a. Chip Asia Operative Excellence www.first-sensor.com | 22
DIMENSION 3: CLEAR FOCUS ON FORWARD INTEGRATION We base our forward integration initiatives on clear product roadmaps Radiation Pressure Acceleration Optical Level Flow Integrated Manufacturing Services Multi Sensor Systems www.first-sensor.com | 23
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OUR STRATEGY FOR PROFITABLE GROWTH We generate and utilize economies of scale in four dimensions 1 Target Markets 2 Key Products & Customers 3 Forward Integration 4 Internationalisierung Internationalization Key Germany Sensor System Industrial Products > 1 M€ p.a. Europe Sensor Medical Component North Amerika Key Customers Mobility > 1 M € p.a. Chip Asia Operative Excellence www.first-sensor.com | 26
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OUR STRATEGY FOR PROFITABLE GROWTH We generate and utilize economies of scale in four dimensions 1 Target Markets 2 Key Products & Customers 3 Forward Integration 4 Internationalisierung Internationalization Key Germany Sensor System Industrial Products > 1 M€ p.a. Europe Sensor Medical Component North Amerika Key Customers Mobility > 1 M € p.a. Chip Asia Operative Excellence www.first-sensor.com | 29
THE FUNDAMENT: FOCUS ON OPERATIVE EXCELLENCE We have started six core initiatives to improve our operative excellence Top Initiatives T‘s & C‘s Harmonization Harmonized Core Processes OneERP Implemented at 4 sites, next 2 sites in 2019 Lead Time, On-Time Delivery, Quality Ongoing project Portfolio Optimization Continued project execution Portfolio Consolidation Review of further product families www.first-sensor.com | 30
THE FUNDAMENT: FOCUS ON OPERATIVE EXCELLENCE Portfolio consolidation: Casestudy for one selected product family PRODUCTS Top Measures A products B products C products Threshold order quantities for new products 11 % 8% 5% A customers products Minimum order quantities for existing products 69 % Bundling of demand 6% >1% customers Recommendation of product alternatives 6% 12 % 17 % Last call options if necessary B customers CUSTOMERS 12 % 9% 1% >1% 3% 38 % C customers >1% >1% 2% www.first-sensor.com | 31
GROWTH DRIVERS
GROWTH DRIVERS We concentrate on three growth drivers LiDAR Camera Pressure www.first-sensor.com | 33
GROWTH DRIVERS We concentrate on three growth drivers LiDAR Camera Pressure www.first-sensor.com | 34
GROWTH DRIVER LIDAR Main reasons for accidents are preventable human mistakes 1 Mistakes of car drivers 63.9 % 2 Mistakes of bicyclists 13.5 % 3 Bad road conditions 7.7 % 4 Mistakes of motorbike riders 7.2 % 5 Mistakes of truck drivers 5.7 % 6 Mistakes of pedestrians 3.5 % 7 Technical issues 0.9 % Source: German Federal Statistical Office 2016 www.first-sensor.com | 35
GROWTH DRIVER LIDAR Therefore cars become more and more autonomous Autonomous Level 1 Level 2 Level 3 Level 4 Level 5 Levels Assisted Partly Highly Fully Driverless Driving Automated Automated Automated Automatic Emergency Active Cruise Control Brake (AEB) (ACC) Lane Keep Assist (LKA) Autopilot on Highway Autopilot everywhere Functionality Lane departure Driver Monitoring (AP) Park Assist (PA) (DM) warning system (LDWS) Traffic Jam Assist (TJA) + + + + Ultrasonic Radar (short range) Sensors Radar (long range) Surround Camera Driver Camera SENSOR Fusion SENSOR Fusion Front Camera LIDAR www.first-sensor.com | 36
GROWTH DRIVER LIDAR Sensors in vehicles assist the driver and provide more road safety Long-Range Short-/ Medium- LiDAR Camera Ultrasound Radar Range Radar Surround View Blind Spot Emergency Detection Mirror Replacement Braking Cross Traffic Pedestrian Driver Alert Detection Rear Colission Park Monitoring Park Warning Assist Traffic Sign Collision Driver Assist Recognition Avoidance Information Lane Keep Adaptive Blind Spot Mirror Replacement Assist Cruise Control Detection Distance Surround View Measurement www.first-sensor.com | 37
GROWTH DRIVER LIDAR LiDAR is an important technology for many of these safety applications Long-Range Short-/ Medium- LiDAR Camera Ultrasound Radar Range Radar Surround View Blind Spot Emergency Detection Mirror Replacement Braking Cross Traffic Pedestrian Driver Alert Detection Rear Colission Park Monitoring Park Warning Assist Traffic Sign Collision Driver Assist Recognition Avoidance Information Lane Keep Adaptive Blind Spot Mirror Replacement Assist Cruise Control Detection Distance Surround View Measurement www.first-sensor.com | 38
GROWTH DRIVER LIDAR Reason: LiDAR provides the highest resolution even for large distances Radar Cameras LiDAR Criteria Short Long Ultra-sonic PMD (pulsed ToF) Mono Stereo distance distance 40 - 60 Max range (m) 150 -250 55 - 100 150 - 200 2-4 60 7 - 10 (120 coarse) Min range (m) 1 0,25 - 1 1 0.25 0.3 0.3 0.3 – 0.8 Precision (m) 0.1 (newer: 0.04) 0.25 – 0.75 0.3 – 3.75 Very good 3 0.2 – 0.3 good Indirectly via Indirect via Indirect via Velocity measurement directly via Doppler effect hardly hardly distance t1-t0 dist. dist. Horizontal 30° - 180° 55° Scan: 120° 16°, Scan: 60° 60° 45° - 190° 45° 40 - 69° field of view Horizontal resolution 0.01° - 1° 10.5° 3.5° bad < 0.1° - 0.3° < 0.1° 0.2° Vertical 3° - 16° 3° - 13° 3° - 13° 30° 45° 45° 40 - 56° field of view Vertical 0.8° - 1° 4.5° 4.5° bad < 0.1° < 0.1° 0.2° resolution www.first-sensor.com | 39
GROWTH DRIVER LIDAR First Sensor is an important supplier for detectors in LiDAR systems Source: YOLE www.first-sensor.com | 40
GROWTH DRIVER LIDAR In our LiDAR business we stand out through eight key respects 1 2 3 4 Customizing capability 20+ years experience ISO TS 16949 certified Chip & packaging for die, package and in APDs production and testing company modules in-house 5 6 7 8 Highest sensitivity AEC-Q 101 qualified Lowest noise Innovative roadmap for 905nm APD arrays www.first-sensor.com | 41
GROWTH DRIVER LIDAR With our APD we have captured a leading share for more than 10 years Single APD with DARPA Urban Challenge; First Industrial hybrids Few Pixel APD-Array in SMD package amplifier Sensor APDs in all winning teams (APD+TIA in one package) for ACC / AEC-Q 101 qualified by FIS … 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 12 Pixel APD-Array in Gesture recognition Receiver module with Receiver module ceramic package for ACC with 64 pixel APD-Array APD-Array, HV, TIA, MUX, with APD and Timing discriminator electronics integrated in one package www.first-sensor.com | 42
GROWTH DRIVER LIDAR Therefore we will participate in the growth of the driver assist market Global driver assist market will grow to $102 billion by 2030 2017: 94 m vehicles produced (2.2% CAGR 17-22, 2017 IHS Markit) Automotive semiconductor revenue for ADAS grows with 20.9% (CAGR 17-22, 2017 IHS Markit) Estimates as high as 10% of new cars with self-driving features in 2020 Source: Lux Research 2017 www.first-sensor.com | 43
GROWTH DRIVERS We concentrate on three growth drivers LiDAR Camera Pressure www.first-sensor.com | 44
GROWTH DRIVER CAMERA Besides LiDAR, cameras are irreplaceable for a safe surround view On Board Sensor Capability LIDAR Camera RADAR V2X & Map & (Detection & (Monitoring & (Detection & Cellular* Location ranging) classification) ranging) (Information) (Information) Detection Traffic objects Car/Trucks Performance Motorcycle Bicycle Pedestrian Animal Debris Infrastructure Road marking traffic constraints Traffic signs Traffic lights Path/Road Curve structure Guard rails Wall/Obstacle Dynamic Static 360° View Robustness Rain/Snow Fog Night * Depends on coverage www.first-sensor.com | 45
GROWTH DRIVER CAMERA They support and complement LiDAR functionalities Long-Range Short-/ Medium- LiDAR Camera Ultrasound Radar Range Radar Surround View Blind Spot Emergency Detection Mirror Replacement Braking Cross Traffic Pedestrian Driver Alert Detection Rear Colission Park Monitoring Park Warning Assist Traffic Sign Collision Driver Assist Recognition Avoidance Information Lane Keep Adaptive Blind Spot Mirror Replacement Assist Cruise Control Detection Distance Surround View Measurement www.first-sensor.com | 46
GROWTH DRIVER CAMERA In our camera business we stand out through eight key respects 1 2 3 4 Specialist for harsh Tailor maid solutions Long-standing camera Automotive network environment and low- also possible in small- experience in new markets light applications scale production 5 6 7 8 New industrialized Embedded ECU Production and Camera to system platform for sensor development “Made “Blue Next” camera concept fusion in Germany” generation www.first-sensor.com | 47
GROWTH DRIVER CAMERA We have many years of experience in the development of cameras Quiet Wire Embedded System for Ethernet camera for Automotive iCAM Ethernet Robust camera applications like Analog monitoring/security iCAM with Micrel and interface and for construction surround view, mirror camera harsh with high environment reference Marvell PHY integrated machinery and replacement, object environment requirements camera switch technology G-Sensor special vehicles recognition and ADAS … 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Digital front Digital front LVDS-Version Vx6640 with 2 Mpx LVDS BLUE NEXT view view OV10635 STV0991 and camera New camera generation automotive automotive AR0132 AT BroadRreach OV2775 based on modular platform designed for volume production, ASIL-conform www.first-sensor.com | 48
GROWTH DRIVER CAMERA With our expertise we participate in the growing camera market www.first-sensor.com | 49
GROWTH DRIVER CAMERA Our focus is on target customers & leads with significant annual sales Segments ADAS Systems LIDAR Cameras Camera Systems Multiple Sensors Sensor Fusion Customers Car OEM & Components Customized cameras Tier 1 Commercial & Special vehicles Components, Standard cameras, Surround view, Turn assist, Subsystems and tailor made solutions Mirror replacement, Break assist, OEM & Tier 1 Manufacturing Blind spot detection Platooning, services Pedestrian recognition, Autonomous driving www.first-sensor.com | 50
GROWTH DRIVER We concentrate on three growth drivers LiDAR Camera Pressure www.first-sensor.com | 51
GROWTH DRIVER PRESSURE We offer a broad range from ultra-low to high pressure sensors sensEdge sensors Transmitter H-Family L-Family 1 mbar 10 mbar 100 mbar 1 bar 10 bar 100 bar 1.000 bar 100 Pa 1 kPa 10 kPa 100 kPa 1 MPa 10 MPa 100 MPa 0,015 psi 0,15 psi 1,5 psi 15 psi 150 psi 1.500 psi 15.000 psi www.first-sensor.com | 52
GROWTH DRIVER PRESSURE We cover the value chain from chip to sensors and sensor systems Systems or OEM Products Multi sensor systems (Process) Transmitters Oil filled SSO/SSI Customer sensEdge Module dry package L/H-Platform Component Chip www.first-sensor.com | 53
GROWTH DRIVER PRESSURE Our pressure sensors business is driven by megatrends, too Smart Factory Smart Health Green Mobility Global market ($100 mn) Global light vehicle assembly & Source: MarketsAnd Markets, KESSIA Global market ($100 mn) share of alternative drives (mn units) 566 Source: PwC Autofacts 513 462 10% 3% 10% 2018 50% 2020 Source: Statista 142 98 101 108 65 93 2016 2018 2020 2016 2018 2020 2016 2018 2020 www.first-sensor.com | 54
FINANCIAL KEY FIGURES 9M INTERIM REPORT
FINANCIAL KEY FIGURES We reported sales up 6.4% on the previous year’s figure Total sales in € million 115.1 82.1 92.2 102.6 114.8 108.2 9M 2013 9M 2014 9M 2015 9M 2016 9M 2017 9M 2018 www.first-sensor.com | 56
FINANCIAL KEY FIGURES Demand in Industrial, Medical & Mobility markets increases constantly Sales by target market in € million INDUSTRIAL MEDICAL MOBILITY 114.8 115,1 108.2 102.6 92.2 36.8 31.5 32.3 29.2 25.8 25.8 17.3 24.1 20.4 15.6 50.8 56.2 53.8 55.5 57.8 9M 2014 9M 2015 9M 2016 9M 2017 9M 2018 www.first-sensor.com | 57
FINANCIAL KEY FIGURES We are moving forward with our internationalization Sales by region in % 0,4% 0,4% 0,4% 0,7% 9,7% 8,6% 9,9% 11,9% 5,2% 7,6% 10,5% 11,9% 49,7% 52,3% 50,6% 50,9% 32,4% 32,8% 28,3% 25,8% 9M 2015 9M 2016 9M 2017 9M 2018 DACH region Rest of Europe North America Asia Rest of World www.first-sensor.com | 58
FINANCIAL KEY FIGURES Our strategy for profitable growth shows first results in the EBIT line 10 8,0 % EBIT in € million EBIT margin in % 7.3% 7.5% 9 6.9% 7,0 % 8 6,0 % 7 5.1% 5,0 % 6 4.3% 5 4,0 % 4 3,0 % 3 2.2% 2,0 % 2 11.8 % 10.1 % 1,0 % 1 4.7 8.4 3.5 2.3 7.5 8.6 0 0,0 % 9M 2013 9M 2014 9M 2015 9M 2016 9M 2017 9M 2018 www.first-sensor.com | 59
FINANCIAL KEY FIGURES This success is also reflected by our net profit and earnings per share 6000 Net profit for the period in € million Earnings per share (EUR) 0.55 0.54 5000 4000 3000 0.28 0.23 2000 1000 0.12 0.02 1.4 2.6 0.4 5.9 3.0 5.7 0 9M 2013 9M 2014 9M 2015 9M 2016 9M 2017 9M 2018 www.first-sensor.com | 60
FINANCIAL KEY FIGURES Our working capital is up due to higher stocks securing further growth Working Capital in € million 41.1 44.5 39.2 40.0 31.6 29.0 9M 2013 9M 2014 9M 2015 9M 2016 9M 2017 9M 2018 www.first-sensor.com | 61
FINANCIAL KEY FIGURES Therefore our operating cash flow is further reduced Operating cash flow in € million 10.4 8.8 7.9 102.6 92.2 5.6 4.1 9M 2013 9M 2014 9M 2015 9M 2016 9M 2017 9M 2018 -1.1 www.first-sensor.com | 62
FINANCIAL KEY FIGURES At the same time we improved our free cash flow slightly Free cash flow in € million 5.0 4.0 3.2 9M 2013 9M 2014 9M 2015 9M 2016 9M 2017 9M 2018 -2.0 -2.3 -5.3 www.first-sensor.com | 63
FINANCIAL KEY FIGURES In total we have continously improved our financial strength 90.000 86.3 Shareholders' equity in € million Equity ratio in % 80.2 80.000 76.8 73.9 73.1 71.2 70.000 60.000 53.3 50.000 49.7 50.7 48.3 49.0 49.2 40.000 30.000 20.000 10.000 0 9M 2013 9M 2014 9M 2015 9M 2016 9M 2017 9M 2018 www.first-sensor.com | 64
FINANCIAL KEY FIGURES This is also reflected by a reduced net debt Net debt in € million 35.0 36.1 31.2 29.4 27.5 26.9 9M 2013 9M 2014 9M 2015 9M 2016 9M 2017 9M 2018 www.first-sensor.com | 65
THE SHARE
FIRST SENSOR SHARE Despite turbulences at stock exchanges our share is back on track 180,00 First Sensor TecDAX Prime All Share 160,00 140,00 120,00 100,00 80,00 60,00 01.12.2017 01.01.2018 01.02.2018 01.03.2018 01.04.2018 01.05.2018 01.06.2018 01.07.2018 01.08.2018 01.09.2018 01.10.2018 01.11.2018 www.first-sensor.com | 67
FIRST SENSOR SHARE Our main investor is considering to sell its shares; we have assigned Goldman Sachs to accompany this process Key facts* Market Cap: € 189.5 m Traded Stocks/Day: 22,897 30 Day High: €19.75 30 Day Low: €14.00 Index Ranking Free Float 60 Market Capitalization: Index Ranking Turnover: 48 * November 15, 2018 www.first-sensor.com | 68
FINANCIAL CALENDAR
FINANCIAL CALENDAR The Oddo BHF Forum in Lyon is your next possibility to meet us When?* What? 10./11.01.2019 Oddo BHF Forum 2019, Lyon 19./20.02.2019 Oddo BHF German Conference 2019, Frankfurt 21.03.2019 Annual Report 2018 & Press Conference, Berlin 03.05.2019 Annual General Meeting 2019, Berlin 14.05.2019 Interim Report Q1 2019 14./15.05.2019 German Spring Conference 2019, Frankfurt 14.08.2019 6M Financial Report 2019 14.11.2019 Interim Report Q3 2019 *As we can not rule out the possibilities of delays, we recommend that you consult the latest set of dates at www.first-sensor.com. www.first-sensor.com | 70
WE LEAD THE FUTURE This presentation contains forward-looking statements. This presentation does not represent any solicitation to purchase shares of First Sensor AG. Rather it is intended exclusively for information purposes with regard to possible future developments at the company. All future-oriented information in this presentation was produced on the basis of probability-based planning and represents statements regarding the future which cannot be guaranteed. Rounding differences may occur. First Sensor AG, Investor Relations T +49 30 63 99 23 760 E ir@first-sensor.com
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