A Best-in-Class Industrial Growth Enterprise

January 2022

SAFE HARBOR

The company's guidance with respect to anticipated financial results for future periods, potential future

growth and profitability, future business mix, expectations regarding future market trends, future performance within specific markets and other statements herein that are not historical information are forward-looking statements and are subject to the Safe Harbor provision of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks are described in Advanced Energy's Form 10-K, Form 10-Q and other reports and statements filed with the Securities and Exchange Commission (SEC). These reports and statements are available on the SEC's website at www.sec.gov. Copies may also be obtained from our Investors page at ir.advancedenergy.com. Forward-looking statements are based on information available to the company on the date of this presentation. Aspirational goals and targets discussed in the presentation materials should not be interpreted as guidance. The company assumes no obligation to update the information in this presentation.

Copyright © 2022 Advanced Energy

2

Key Messages

PRECISION POWER LEADER FOR THE DIGITAL ECONOMY

PURE PLAY POWER LEADER

Strategic focus on power ensures sustainable advantage and scale

PROPIETARY SOLUTIONS

Lead with differentiated, highly-engineered, high value products and technologies

OUTPERFORMING MARKETS

Track record of growing share, adding content and broadening market reach

ACCELERATING EARNINGS

Capture long life-cycle revenues and optimize margins to grow EPS >2X faster than revenue

Copyright © 2022 Advanced Energy

3

Key Messages

WE ARE THE PURE PLAY POWER LEADER

AE provides precision

power conversion and

control solutions for a

wide range of high value

and long life-cycle

SEMICONDUCTOR

INDUSTRIAL &

DATA CENTER

TELECOM &

applications

EQUIPMENT

MEDICAL

COMPUTING

NETWORKING

Grid

Power

Process

Custom

Server

Radio

Power

Power

Power

Power

Facility

Power

>70% of Revenue Comes from Proprietary Products

Copyright © 2022 Advanced Energy

4

Key Messages

OUR LEADERSHIP ENABLES SOLID FINANCIAL PERFORMANCE

Large & Diversified Growing Market

SEMICONDUCTOR

INDUSTRIAL &

EQUIPMENT

MEDICAL

$9.0B

Combined SAM

TELECOM &

DATA CENTER

NETWORKING

COMPUTING

#1 or #2 in All Four Markets

(1) Refer to the non-GAAP reconciliation for additional detail.

(2) Cash from operating activities from continuing operations

L4Q Reported Results

$1.43 billion

$226 million

REVENUE

NON-GAAP OP PROFIT(1)

Operating margin 15.8%

$4.92

$174 million

NON-GAAP EPS(1)

OPERATING CASH FLOW(2)

12.1% of Sales

Copyright © 2022 Advanced Energy 5

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

AE - Advanced Energy Industries Inc. published this content on 07 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 January 2022 14:47:03 UTC.