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Jan van Duren 13 maart, 2014 articipation in Technology

Jan van Duren 13 maart, 2014 Participation in Technology

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Page 1: Jan van Duren 13 maart, 2014 Participation in Technology

Jan van Duren 13 maart, 2014

Participation in Technology

Page 2: Jan van Duren 13 maart, 2014 Participation in Technology
Page 3: Jan van Duren 13 maart, 2014 Participation in Technology
Page 4: Jan van Duren 13 maart, 2014 Participation in Technology

Slide 4 |

Company (> 5,000 employees)R&D per employee (€)

ASML (semiconductors) 78,000

Lundbeck (pharma) 71,700

Porsche (automotive) 58,100

UBIsoft Entertainment (software) 54,400

Boehringer Ingelheim (pharma) 53,300

AstraZeneca (pharma) 48,400

Sanofi-Aventis (pharma) 43,600

GlaxoSmithKline (pharma) 41,300

Merck (pharma) 40,900

Source: European Commission: 2010 EU Industrial R&D Investment Scoreboard

World-class R&D

Page 5: Jan van Duren 13 maart, 2014 Participation in Technology

PublicOpen Innovation makes complexity and cost manageable

Academia

Suppliers

Customers

Technology partners

Slide 5

Page 6: Jan van Duren 13 maart, 2014 Participation in Technology

Public

Company2013 semi capex

(estimate, $M)

Intel 10,500

TSMC Group 9,750

Samsung 9,500

GlobalFoundries 4,000

SK Hynix 2,730

Toshiba (incl. SanDisk) 2,580

Micron Technology 1,800

United Microelectronics Group 1,500

SMIC 805

Infineon 640

Sony 617

STMicroelectronics 500

A market of 12 large ASML customers

Source: Gartner, Q4 2013

Slide 6

3 major clients hold 25% of the ASML shares (without voting rights)

Page 7: Jan van Duren 13 maart, 2014 Participation in Technology
Page 8: Jan van Duren 13 maart, 2014 Participation in Technology

Interconnected Participation

Interconnected Dependency

Page 9: Jan van Duren 13 maart, 2014 Participation in Technology

Slide 9 |

...the stairway to heaven…

Page 10: Jan van Duren 13 maart, 2014 Participation in Technology

Slide 10 |

Page 11: Jan van Duren 13 maart, 2014 Participation in Technology

ConfidentialASML Employee Participation PlansSlide 11

Employee Share Ownership Plans• BoM, Management and Employees• 10% of Employees – Up to Euro 12,000

Employee Share Purchase Plans• Management and Employees• Max 10% of Base salary; Premium 20%

Employee Profit Sharing Plans• Employees• Max 20% of Base Salary

Page 12: Jan van Duren 13 maart, 2014 Participation in Technology

ConfidentialASML Share Ownership Plan for EmployeesIncentive Shares Slide 12

Year Shares Value

Granted Per Part. Granted Per Part.

2009 110,000 220 2.2 mio 4,500

2010 132,500 240 2.7 mio 4,800

2011 152,500 220 3.9 mio 5,600

2012 167,500 200 6.0 mio 7,100

2013 99,500 100 5.9 mio 5,800

Conditions employees (non management)

Discretionary grant of shares

Recognition and retention

10% of employees nominated

Value up to Euro 12,000 (~ 10% to 15% of Base)

1 year service condition to vesting

Page 13: Jan van Duren 13 maart, 2014 Participation in Technology

ConfidentialASML Share Purchase Plan for EmployeesOrdinary Shares Slide 13

Year Partici-pants

Shares Acquired

Invested Value

ASML Premium

2011 ~ 1,000* 110,000 2.7 mio 530,000

2012 1,118 50,000 2.3 mio 470,000

2013 1,095 60,000 3.4 mio 690,000

Conditions (excluding Board of Management)

Buy shares from Net Income (broadly defined)

Max value of 10% (net) of gross base salary

After 1 year 20% premium (gross) on acquired value

Premium only when in service and in possession

Swop to options possible (Black & Scholes, 10 year)

Participation

Netherlands 16%

Europe 14%

USA 21%

Asia 11%

* Estimation of unique participants

Page 14: Jan van Duren 13 maart, 2014 Participation in Technology

ASML Share Price in 15 years: 1999 - 2014 Public

Slide 14 |

Page 15: Jan van Duren 13 maart, 2014 Participation in Technology

ASML Profit Sharing Plan for Employees

Year Pay Out

2005 8%

2006 12%

2007 14%

2008 6%

2009 0%

2010 18%

2011 20%

2012 18%

2013 14%

Page 16: Jan van Duren 13 maart, 2014 Participation in Technology

Participation: How about Influence?

Als iedere medewerker van ASML aandelen zou hebben in het bedrijf ter waarde van twee keer zijn bruto jaarinkomen……..

……..dan zouden alle medewerkers samen in totaal 3% van de aandelen van ASML bezitten

Page 17: Jan van Duren 13 maart, 2014 Participation in Technology

Participation in Influence Job Work Meetings Professional Culture

Speak Up

Take Charge

People Survey (Me@ASML) Works Council Labor Unions Shareholder Vote

Page 19: Jan van Duren 13 maart, 2014 Participation in Technology

ConfidentialSuccess factors participation plans: chicken and eggSlide 19

Trust

Connection

Believe

Page 20: Jan van Duren 13 maart, 2014 Participation in Technology

Participate in ASML,

Participate in Yourself