Soitec confirms guidance for FY’24 and publishes its outlook for FY’25 - Seite 2

Mid term outlook

Soitec expects the RF-SOI inventory correction to end in FY’25, and its long-term growth trajectory to resume rapidly thereafter. It is confident in its growth engines supported by the strong penetration of 5G, the advent of electrification and the acceleration of artificial intelligence, as well as the successful expansion of its product portfolio, in SOI and Compound semiconductors.

This expected strong rebound will be driven by the resumption of growth in RF-SOI, the progression of our leadership in SOI products (FD-SOI, Power-SOI, Photonics-SOI), the continued acceleration of POI, and the significant revenue generated by SmartSiC^TM. The group will continue to expand its leadership to new customers and new regions.

Soitec will provide guidance on an annual basis and will share a FY’26 guidance at the end of FY’25.

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Agenda

FY’24 Results are due to be published on May 22^nd, 2024, after market close.

Soitec Management will be presenting the results in Paris on May 23rd, 2024

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Disclaimer

This document is provided by Soitec (the “Company”) for information purposes only.

The Company’s business operations and financial position are described in the Company’s 2022-2023 Universal Registration Document (which notably includes the 2022-2023 Annual Financial Report) which was filed on June 14^th, 2023 with the French stock market authority (Autorité des Marchés Financiers, or AMF) under number D.23-0482, as well as in the Company’s 2023-2024 half-year report released on November 15^th, 2023. The French versions of the 2022-2023 Universal Registration Document and of the 2023-2024 half-year report, together with English courtesy translations for information purposes of both documents, are available for consultation on the Company’s website (www.soitec.com), in the section Company - Investors - Financial Reports.

Your attention is drawn to the risk factors described in Chapter 2.1 (Risk factors and controls mechanism) of the Company’s 2022-2023 Universal Registration Document.

This document contains summary information and should be read in conjunction with the 2022-2023 Universal Registration Document and the 2023-2024 half-year report.

This document contains certain forward-looking statements. These forward-looking statements relate to the Company’s future prospects, developments and strategy and are based on analyses of earnings forecasts and estimates of amounts not yet determinable. By their nature, forward-looking statements are subject to a variety of risks and uncertainties as they relate to future events and are dependent on circumstances that may or may not materialize in the future. Forward-looking statements are not a guarantee of the Company’s future performance. The occurrence of any of the risks described in Chapter 2.1 (Risk factors and controls mechanism) of the 2022-2023 Universal Registration Document may have an impact on these forward-looking statements. In particular, the future consequences of geopolitical conflicts, notably the Ukraine / Russia situation, as well as rising inflation, may result in greater impacts than currently anticipated in these forward-looking statements.