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Schweizer Electronic AG: Schweizer Electronic AG: confirms consolidated figures for 2021 and outlook for 2022

DGAP-News: Schweizer Electronic AG / Key word(s): Annual Results Schweizer Electronic AG: Schweizer Electronic AG: confirms consolidated figures for 2021 and outlook for 2022 22.04.2022 / 08:00 The issuer is solely responsible for the content of this announcement. Schweizer Electronic AG: confirms consolidated figures for 2021 and outlook for 2022

- Turnover increased by 25 percent compared to the previous year

- EBITDA in line with expectations

- Outlook 2022 - Sales growth between 10 and 20 percent, further improvement in operating results - potential effects due to geopolitical situation cannot be ruled out

Schramberg, 22 April 2022 - Today SCHWEIZER publishes the full report for the 2021 financial year and confirms the preliminary figures. The Schweizer Group (in accordance with IFRS) achieved sales of EUR 122.7 million in 2021 (previous year: EUR 98.3 million). This corresponds to an increase of almost 25 percent compared to the previous year, which was made possible by significant market share gains. This growth trend is supported by incoming orders in 2021 to the amount of EUR 175.2 million (previous year: EUR 78.4 million). Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to EUR -8.5 million (2020: EUR -9.5 million). The EBITDA ratio improved compared to the previous year to -6.9 percent (2020: -9.7 percent). The Group excluding China achieved EBITDA of EUR +9.1 million in 2021. This means that both the development of sales and EBITDA are within the company's expectations. As of 31 December 2021, the equity ratio was 5.3 percent (previous year: 17.4 percent). Taking into account the shareholding (completed in January 2022) in the SCHWEIZER Chinese subsidiary of strategic partner WUS Printed Circuit (Kunshan) Co., Ltd. based in China (WUS), the equity ratio amounts to 10.5 percent. The holding occurred as part of a capital increase, whereby the SCHWEIZER Group received equity of EUR 10.5 million.