Monetizing Innovation and Financial Reconciliation

More conservative approach on long-term view leads to non-cash impairment Assessment and impairment testing Periodic impairment testing in line with IFRS requirements and regulations Approach - New management re-assessed the business outlook of each business line of the Group Meaningfully more conservative view in light of current macro-economic environment Applied across all businesses and segments 54 Effect and outcome Updated internal outlook and external parameters lead to decreased fair value of certain goodwill assets, triggering impairment charge Non-cash, one-time impairment charge of EUR 1.3 billion related to goodwill - Related to "Semiconductors" segment No impact on liquidity amu OSRAM

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