===
EQS-Ad-hoc: AT&S Austria Technologie & Systemtechnik AG / Key word(s): Forecast/Capital Increase
AT&S Austria Technologie & Systemtechnik AG: AT&S adjusts forecast, is not considering a capital increase, will obtain
binding offers for the sale of Ansan, no dividend for the financial year 2023/24
10-May-2024 / 14:52 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News
- a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

AT&S adjusts forecast for the financial year 2026/27, is currently not considering a capital increase, intends to
obtain binding offers for the sale of the plant in Ansan, Korea, and proposes not to distribute a dividend for the
financial year 2023/24

Disclosure of inside information pursuant to Article 17 MAR

Leoben - Based on the latest market forecasts, the Executive Board of AT&S today decided to adjust the forecast for the
financial year 2026/27 and to intensify the cost optimization programs. The company now expects - including the
contribution of the plant in Ansan, Korea - for the financial year 2026/27:
. Annual revenue of around EUR 3.1 billion (previously: around EUR 3.5 billion)
. EBITDA margin of 27?32 % (unchanged)
. ROCE of >12 % (unchanged)
. Net debt/EBITDA of <3 (unchanged)
. Equity ratio of 20 % (previously: >30 %)

In this still volatile market environment, the Executive Board of AT&S has decided not to carry out a capital increase
for the time being. Discussions with potential investors have been terminated.

The company now intends to sell the plant in Ansan, Korea, which primarily serves the medical market. The company has
therefore decided to obtain binding offers for the sale. In the 2023/24 financial year, the plant generated revenue of
EUR 76 million and EBITDA of EUR 38 million. Based on existing non-binding offers and the existing high level of interest
in the transaction, AT&S will now obtain binding offers. Depending on the resulting conditions, the Executive Board
will make further decisions in the coming months. In this environment, the Executive Board of AT&S has decided, subject
to the approval of the Supervisory Board, to propose to the 30th Annual General Meeting on July 4, 2024 that no
dividend be distributed for the financial year 2023/24 (previous year: EUR 0.40 per share).

The annual results for the 2023/24 financial year will be published on May 14, 2024 and the annual report
on June 6, 2024.

End of Inside Information  
10-May-2024 CET/CEST News transmitted by EQS Group AG. www.eqs.com  
Language:     English 
Company:      AT&S Austria Technologie & Systemtechnik AG 

Fabriksgasse 13
8700 Leoben
Austria

Phone:        +43 (1) 3842200-0 
E-mail:       ir@ats.net 
Internet:     www.ats.net 
ISIN:         AT0000969985, AT0000A09S02 
WKN:          922230 
Indices:      ATX 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart, 

Tradegate Exchange; Vienna Stock Exchange (Official Market)
EQS News ID: 1900657

End of Announcement EQS News Service
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1900657 10-May-2024 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1900657&application_name=news

END) Dow Jones Newswires

May 10, 2024 08:52 ET (12:52 GMT)