Dr Hönle : Gb 2021 2022 e

Annual Report 2021/2022

Content

003 To Our Shareholders

1. Business Segments

1. Business Development

1. Letter to the Shareholders

1. Report of the Supervisory Board

020 Combined Management Report

1. Business Operations and General Conditions

1. Results of Operations
2. Financial Position

1. Net Assets
2. Details on Dr. Hönle AG (HGB Annual Financial Statements)

1. Overall Statement on the Economic Situation

1. Research & Development
2. Environmental Aspects

1. Disclosures Required by the Takeover Directive
2. Employees

1. Opportunities and Risk Report

1. Forecast Report

046 Consolidated Financial Statements

046 Corporate Governance Report

1. Statement of the Legal Representatives
2. Independent Auditor's Report

1. Consolidated Income Statement

1. Consolidated Statement of Financial Position
2. Consolidated Statement of Changes in Equity
3. Statement of Consolidated Cash Flows
4. Notes to the Consolidated Financial Statements

069 General Information

083 Notes to the Consolidated Income Statement

090 Notes to the Consolidated Statement of Financial Position

114 Other Disclosures

135 Miscellaneous

135 Disclaimer

1. Financial Calendar
2. Glossary of Terms
3. Contact

Title picture: Adhesives are used as coatings or potting compounds to protect the sensitive components on printed circuit boards. Even some soldering points are replaced by flexible electrically conductive adhesives.

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Business Segments

A d h e s i v e s

Consumer Electronics

The requirements in the electronics sector are increasing, with ever higher demands being placed on the quality and performance of computers, mobile phones and laptops. At the same time, devices and components are becoming smaller and lighter. This requires innovative adhesives that can keep up with the rapid pace of development and replace solder joints, shield components or protect them with coatings.

Automotive

Today, adhesives are used more and more frequently to replace welding, riveting or screwing work. In addition, the number of adhesive applications in automotive electronics is constantly increasing: sensors, driver assistance systems and displays must be bonded, coated or laminated. Especially in the field of e-mobility, the bonding of battery packs opens up entirely new forms of application.

Optics and Opto-Electronics

Special adhesives are used for the manufacture of opto- electronic products such as optically transparent and non-yellowing adhesives used for the bonding of lens systems. In this case, Panacol products are filled with special nano- particles which provide the advantage of not impairing the optical properties while at the same time improving enormously the mechanical properties of the adhesive.

Medical Technology

Special regulations apply to medical devices. Among other things, the products must be biocompatible, have high adhesive strength and also withstand various sterilisation methods. With solvent-free adhesives, medical products such as syringes, dialysis filters, blood bags or tube connections can be manufactured in a reliable process in short cycle times.

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E q u i p m e n t & S y s t e m s

Equipment for the printing and coating industry

About two thirds of print products worldwide are produced using offset processes. Hönle supplies UV drying systems for this market as well as for the digital inkjet printing segment.

UV technology ensures outstanding print quality with a clearly better environmental and energy balance compared to conventional drying processes. Moreover, Hönle offers innovative UV dryers for coating two- and three-dimensional objects.

Disinfection

UV-C technology offers the possibility to disinfect room air permanently, reliably and quietly. This significantly minimises the risk of infection by SARS-CoV-2 viruses and other patho- gens.

In addition, UV irradiation is an efficient and environmentally friendly method of disinfection in the food and beverage industry.

Curing of adhesives

UV-reactive adhesives dry quickly and reliably. They are therefore indispensable in many manufacturing processes. With the Panacol high-tech adhesives and casting compounds, the Hönle Group has become a unique systems supplier for bonding technology worldwide. The product range includes innovative LED curing units and high-performance UV lamps.

Solar simulation and lighting technology

Artificial sunlight makes products age in fast motion under laboratory conditions. In addition to the automotive industry, the main area of application is the semiconductor industry, which thoroughly tests the photovoltaic modules using our lamps.

In the area of lighting technology, lighting systems are used, for example, for crash tests, for trade fair events or research.

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G l a s s & L a m p s

Medium-pressure lamps

UV medium-pressure lamps are used, for example, for drying inks, paints and coatings. UV inks and paints are generally more scratch-resistant, more glossy and more durable than conventional coatings. The high quality of the UV-cured surface is a major reason for the ever-increasing use of UV technology.

Special lamps for life science

UV discharge lamps are used for the environmentally and cost-effective disinfection of water, air and surfaces. Water disinfection is used for drinking water, for wastewater treatment and the disinfection of ballast water in the shipping in- dustry.

Hönle also develops and produces infrared lamps that are used in large-format printing machines.

Quartz glass tubing

Quartz glass tubes are not only needed in the production of our own UV lamps. High-quality quartz glass is also an indispensable component in a wide variety of processes in the semiconductor industry, the automotive industry, and in water treatment.

Quartz glass rods

Quartz glass rods are needed in the manufacture of fibre optic cables. Fibre optic cables are mainly used in communications engineering as a transmission medium. They achieve higher ranges and transmission rates compared to electrical transmission on copper cables.

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