Monetizing Innovation and Financial Reconciliation slide image

Monetizing Innovation and Financial Reconciliation

Re-establish the Base program Focusing on our core as the new base for sustainable, profitable growth 10 TITIT Portfolio Set-up & Infrastructure Exit non-core semiconductor portfolio of ~300 to 400 m€ run-rate Adjusting the organization and the infrastructure to the new base Monetizing Innovation Streamlining the organization for stronger accountability with end-to-end responsibility Objectives: 1. Focus the portfolio on the core with the highest profitability and the best growth perspective 2. Center mindset and accountability on "monetizing innovation" and overall profitability 3. Make the company lean and efficient by having the appropriate size, infrastructure and agility 4. Bottom-line improvements from portfolio-measures and savings (75m€ run-rate by end-2024, 150m€ run-rate by end-2025) for improved profitability in 2024 and ~15% adj. EBIT by 2026 onwards amu OSRAM
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