VAT : Continues Strong Growth

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“Ad hoc announcement pursuant to Art. 53 LR” Orders up 40%, sales 28% higher vs Q2 2021; continued strong capital investment in the semiconductor industry Book-to-bill ratio of 1.24; order backlog of CHF 559 million Leading market position and technological leadership further extended Orders up 31% year-on-year, sales increased by 32% Record EBITDA margin of 35% on operational leverage and productivity gains Strong investments in semiconductor equipment expected to continue; growth also forecast in industrial markets; service segment to benefit from growing installed base and high capacity utilization within semiconductor sector VAT expects substantially higher sales, EBITDA, EBITDA margin, net income and free cash flow VAT expects sales1 of CHF 290-310 million in CHF million Q2 2023 Q1 2023 Change2 Q2 2021 Change3 Order intake 352.

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