Mikron GroupInvestora 2017

Creating value with passion for precision

Investora 20172

Mikron AutomationProfile

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Key F

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• Market leader in Europe, number 2 in US

• Blue-Chip customers

• Around 650 FTEs

• Over 3’000 systems installed worldwide

• Sites in Europe, US and Asia

• Engineering compelling concepts, integrating many different manufacturing processes

• Strong Project management capabilities

• US FDA compliant solutions

• Proven, modular, standardized platform’s

• Validated control software solutions

• Customized non-platform based systems

• Flexible feeding systems

• Global after-sale services

Sales by region in %

Total CHF 140 million (2016)

Mikron MachiningProfile

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Key F

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• Niche-Market leader

• Broad customer base incl. “hidden champions”

• Around 600 FTEs

• Over 7’000 systems installed worldwide

• Main sites in Europe, global sales and service

• Engineering compelling high-volume machining solutions

• Mechanical and NC-driven automated solutions

• Engineering, production and global distribution of small to medium-size high-performance cutting Tools

• Rotary transfer machines

• Modular, linear transfer machine

• Unbeatable high-performance cutting tools

• Global after-sale Services

Sales by region in %

Total CHF 116 million (2016)

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Increase industrial productivity and quality

Developing employees – Apprenticeship in DenverMikron as one of the first companies to introduce a program

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Investora 20177

Mikron 4.0Welcome to smart manufacturing and services!

Mikron Automation continuously improves it’s solutionsThe new ZC servo axis for Mikron’s modular gantry

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Higher productivity at lower costs

➢ Reduction of weight allows to increase movement speed by +50%

➢ Total cost of manufacturing down by -15%

➢ Supplier independence

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Customer-tailored carbide cutting tools(diameter range of 0.1 – 36 mm):

Drilling

Milling

Chamfering

Reaming

High quality range of carbide cuttingtools which are available from stock (diameter range of 0.1 – 10 mm):

Centering

Short / Pilot drilling

Drilling

Milling

Chamfering

Mikron Machining – Cutting ToolsExpanded portfolio of cutting tools – prospect for future growth

Investora 201710

Mikron Machining – Cutting Tools The new CrazyMill Cool Ball Z4

Patented integrated cooling guarantees constant cooling and optimal chip removal

Progressive flute reducing vibrations

Specially developed micro-grain carbide

Cutting geometry on radius specifically developed for difficult-to-machine materials

High-performance coating prevents build up edges and guarantees optimum chip

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Mikron Machining – Manufacturing SystemsAdaptable and robust solutions responding to VUCAD world

Project Adula Project Phoenix

Financials

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Key Figures 2014 - 2016

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Mikron Group

Investora 2017

Order Intake, in CHF million Order Backlog, in CHF million

Net Sales, in CHF million EBIT, in CHF million

HY1 2017 - OverviewHeightened interest in Mikron’s systems, cutting tools and services not yet reflected in HY result. Sales and EBIT in HY2 expected to increase.

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Order intake down by 8% compared to prior year (PY)

Sales 7% lower yoy (PY: strong increase at Mikron Automation)

Book-to-bill ratio at 0.96, order backlog decreased temporarily

EBIT CHF -0.7 Mio. (PY: 1.3 Mio.), incl. costs for innovation (CHF 1.3 Mio.)

Net cash position at CHF 13.4 Mio. and Equity ratio at 64%

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• Good demand and performance in the Tool and Service business

• Robust demand for transfer machines from writing instruments industry, no major orders from watchmaking and automotive industries.

• Tool business operating at full capacity, machines business unsatisfactory

• Innovation projects on track

• Orders +7%, Sales -2%, EBIT CHF -1.8 Mio. (PY: CHF -3.2 Mio.)

• Expected US customer project orders postponed

• Good level of order intake in Q2, after a weak first quarter

• Constantly high capacity utilization at the Boudry site

• Building extension Denver completed

• Orders -21%, Sales -11%, EBIT CHF 0.2 Mio. (PY: CHF 3.7 Mio.)

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gHY1 2017 – Highlights by business segmentsGood demand for Tools and Services. Postponed customer project orders impact the half-year result.

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In CHF million HY1 2017 HY1 2016

Order intake 114.2 124.7

Net sales 118.4 127.0

Order backlog 119.2 139.5

Operating result -1.5 0.5

EBIT -0.8 1.3

Cash flow from operating activities -10.7 8.7

Number of employees 1,234 1,222

Shareholders' equity 153.1 154.1

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HY1 2017Overview of key figures

Investora 2017

Share Details

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Market capitalization CHF 103 million at 30 June 2017

Listed at SIX Swiss Exchange Domestic Standard

Symbol MIKN, ISIN CH0003390066

16’712’744 registered shares with a nominal value of CHF 0.10 each

Ammann Group Holding AG: 41.6%

Rudolf Maag: 14.1%

Public shareholders: 34.3%

Veraison SICAV: 10.0%

Summary

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Investora 201719

Increase industrial productivity and quality

Disclaimer

This presentation contains forward-looking statements. They represent the current assessment of the Mikron Group regarding market conditions and future events and are thus subject to risks, uncertainties and assumptions. Unforeseeable events may result in differences between the actual results and the projections published in this document. The Mikron Group is therefore not in a position to make any representations as to the accuracy of economic projections and predictions and their impact.

Mikron Holding AGMühlebrücke 22502 BielSwitzerland

Phone +41 32 321 72 00Fax +41 32 321 72 01www.mikron.comir.mma@mikron.com

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21 Investora 2017

Creating value with passion for precision