Meyer Burger Investor Presentation slide image

Meyer Burger Investor Presentation

Polysilicon price has almost quadrupled since market low in 2020, affecting the entire industry Polysilicon price development [USD/kg] 40 35 30 30 25 20 +282% 15 10 0 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 • Unprecedented rise in polysilicon prices • • Source: Exawatt analysis of spot price data from China Nonferrous Metals Industry Association, EnergyTrend, PV InfoLink and PVInsights MEYER BURGER Polysilicon is the number one cost driver among input materials for solar cells and modules Global polysilicon price increase of +280% since Q1 2020 Reduced production capacity and growing market demand triggered a price increase spiral – additional capacities are coming online slower than expected - Prices very likely to remain high throughout 2022 Meyer Burger is affected in the same way as competitors, but can dilute polysilicon cost better through higher efficiency and can reduce wafer thickness more aggressively than standard PERC competition Meyer Burger Technology AG, Presentation for Investors, Analysts and Media, March 24, 2022 9
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