www.ats.net

AT&S Company Presentation

February 2013

AT&S Austria Technologie & Systemtechnik Aktiengesellschaft

Martin TheyerDirector of Strategy & IR/PRFabriksgasse 13A-8700 Leoben

Tel: +43 3842 200 5909Email: m.theyer@ats.net

Despite a diligent preparation of this presentation we assume no liability for the content or any action based on this presentation. We do not give any warranty, guarantee or commitment, neither explicitly nor implicitly. Neither AT&S nor any of its employees assume responsibility for the completeness or accuracy of the information contained or not in this presentation. The presentation does not include and does not constitute or form part of any offer whatsoever, nor does it constitute or form part of any kind of prospectus.

This presentation contains certain forward-looking statements. Actual results may differ materially from those projected or implied in such forward-looking statements. Forward-looking information involves risks and uncertainties that could significantly affect expected results.

Disclaimer

2

Overview

3

4

Business model

Austria Technologie & Systemtechnik AG (AT&S) is the largest producer of printed circuit boards in Europe and India, and also ranks among the industry leaders worldwide in innovation and the continuing development of printed circuit board manufacturing technologies. The AT&S Group employs more than 7,500 people around the world.

AT&S’s main business divisions are Mobile Devices, Industrial & Automotive. Its core activity is the manufacture of high-end printed circuit boards – the nerve centres of so many electronic appliances.

AT&S is headquartered in Austria and carries out research and development in Austria and China. It has production facilities in Austria, China, India and Korea, a sales service and design centre in Germany, and a sales network spanning four continents.

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Locations

Leoben-Hinterberg: Head Quarter~755 people

Fehring: ~380 people

Klagenfurt: ~110 people

Shanghai: ~4.900 people

Ansan-Korea: ~235 people

6 production facilities worldwide Purchasing & Sales Office: Hong Kong, China Design-Center: Nörvenich, Germany 16 Sales Offices on four continents About 7 500 employees R&D: Hinterberg and Shanghai – Cooperation with well-known partners from Industry and Science

Nanjangud-Indien: ~1.040 people

Chongqing~ under construction

We operate in an atractive market

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Historical Cycles in the PCB Production

Growth Rates 4% 10% 37% 15% -5% 12% 47% 10% 1% 7% -12% -4% 14% 10% 16% 13% 10% 5% 5% 18% -22% -3% 7% 12% 9% 12% 6% 1% -13% 24% 3% 5% 7% 7% 7%

7Source: Prismark (2012)

8Market Data 2012. Source: Prismark (2012); AT&S

We only focus on high end technology

Overall Market development

2011 2016

Market per Segments 2011 – 2016 [Mio. US $] Market per Technology 2011 – 2016 [Mio. US $]

8.636

2.1461.090

2.9753.0677.278

13.312

17.290

11.829

2.4251.462

5.486

3.816

8.268

18.331

22.471

55.794

74.087 Segment CAGR

IC Substrate 6,5%

Av. & Security 2,5%

Medical 6,0%

Industrial 13,0%

Computing 5,4%

Communication 6,6%

Automotive 4,5%

Consumer 2,6%

5,8%

8.636

9.205

7.423

22.458

5.420

2.652

11.829

13.237

11.019

27.646

6.762

3.593

55.794

74.087 Segment CAGR

IC Substrate 6,5%

Flex/R-Flex 7,5%

HDI 8,2%

SS 6,3%

ML 4,2%

DS 4,5%

5,8%

2011 2016

Overall

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Overall Market Situation (2011)

Highly Fragmented Market

Source: Nakahara (2011); Strategy

• % of the overall PCB sales• Top 10:

>28%• Top 25:

>50%• Top 50:

>69%• Top 100:

>85%

• Median growth [%] (2009 to 2010):

• Top 10: 35%• Top 25: 26%• Top 50: 24%• Top 100: 26%

Comments*)

*) Base: 2011 revenues

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Our Strategy – an Austrian success story

Abb. 1: Motorola 3200 International (1982), first GSM mobile device,Quelle: © REUTERS / Lou Dematteis

The complexity and density of our products increase every year

Abb. 2: Abb. 4: Samsung Galaxy Skin mit Flex-Screen, - market entry planned 2013Quelle: Samsung

Chip designs drives the our PCB technology

YesterdayChips

TodayPackage-on Package

TomorrowSystem in Package

Major Impact on Design Chain:

PCBDesign

Substrate Design

Chip Design

Sequential Design

Module Design

Subst. Design

PCB Design

Chip Design

Concurrent Design

® ATS AG 12

Construction of Chongqing Plant

Phase 3

Phase 3

admin. building under construction

Phase 1

Phase 1under construction

Phase 2

Phase 2

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AT&S is taking the next logical step by expanding its portfolio with the production of Integrated Circuit (IC) Substrates in Chongqing (Capex approx. EUR 350 mln )

© AT&S AG

Half – Year Results

Distribution of Turnover

15Figures are based on internal management information systems and are subject to change | Source: AT&S AG

Turnover YTD 2012/13 Turnover YTD 2012/13

25%7%

13%

55%

Distribution of Turnover by Headquarter

Austria+Germany

Rest of Europe

Asia

Canada/USA

Other26%

13%

50%

11%

Distribution of Turnover Ship to Party

Austria+Germany

Rest of Europe

Asia

Canada/USA

Other

Mobile Devices First 9 months revenues up from EUR 211m to EUR 229m

sales reached new record high

new products launched successfully

good loading in Shanghai during the last 3 months

new OEMs added to customer portfolio

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Segment Turnover

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Industrial & AutomotiveFirst 9 months revenues up from EUR 159m to EUR 175m

automotive growth rate of 10% YoY, HDI growth of 50% (HDI boards for Multimedia, driver assistance and lighting applications)

medical segment grows by more than 50% => applications for medical therapy doubled within the last fiscal year especially for flex boards

Hinterberg shows sustainable performance due to growing prototype business

industrial development in line with the overall European economic environment

Distribution of Segment Turnover

in EURm

Figures are based on internal management information systems and are subject to change | Source: AT&S AG

Mobile Devices Industrial & Automotive0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

80.0

90.0

100.0

54.7 55.5

75.1

56,2

81.4

.47,7

85.8

56.3

69.8

55.9

68.7

59.6

90.7

59.1

Q1 FY11/12

Q2 FY11/12

Q3 FY11/12

Q4 FY11/12

Q1 FY12/13

Q2 FY12/13

Q3 FY12/13

Financial Figures Q3 2012/13

In EUR '000 Q1 - Q3 2012/13 Q1 - Q3 2011/12

CONSOLIDATED INCOME STATEMENT

Revenues 405,121 371,754

Produced in Asia (in %) 75 72

Produced in Europe (in %) 25 28

EBITDA 74,426 75,913

EBITDA margin (in %) 18.4 20.4

EBIT 20,981 31,644

EBIT margin (in %) 5.2 8.5

Net income 5,439 21,864

Cash Earnings 58,883 66,159

17Figures are based on internal management information systems and are subject to change | Source: AT&S AG

Financial Figures Q3 2012/13

In EUR '000 Q1 - Q3 2012/13 Q1 - Q3 2011/12

CONSOLIDATED BALANCE SHEET

Total assets 709,546 722,209

Total equity 289,225 289,293

Net debt 252,143 255,727

Net gearing (in %) 87.2 88.4

Net working capital 120,774 108,184

Net working capital / revenues (in %) 22.4 21.8

Equity ratio (in %) 40.8 40.1

18Figures are based on internal management information systems and are subject to change | Source: AT&S AG

No material changes in net debt and net gearing.Net investments relates to Shanghai and construction activities for Chongqing Phase I.

Development of Capital Investment

19Figures are based on internal management information systems and are subject to change | Source: AT&S AG

Q4 11/12 Q1 12/13 Q2 12/13 Q3 12/13 -

30

60

90

120

150

180

210

240

270

-5%

10%

25%

40%

55%

70%

85%

100% 243 244 255 252

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UR

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Q4 11/12 Q1 12/13 Q2 12/13 Q3 12/13 -

5

10

15

20

25

30

21

9

16

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( in

EU

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Investment Highlights

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Investment Highlights

* High Density Interconnect (laser-drilled printed circuit boards)

Technology leader in HDI* any-layer printed circuit boards

Close technology partnerships with international corporations

Leading supplier to all big-name manufacturers of smartphones and tablets

Leading supplier to the European automotive industry

Successful high-end niche-strategy

Largest European printed circuit board manufacturer

Competitive manufacturing capacities in Asia – most highly automated HDI plant in China

Largest printed circuit board manufacturer in India

High social and ethical standards in all facilities worldwide

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Danke für Ihre Aufmerksamkeit!

To find out more – visit www.ats.net