Financial Overview and Niche Market Leadership

Continued strong Operating CF, but high Capex results in negative FCF All figures in EURm / % of revenues 62 32 Operating Cash Flow 12% Capital expenditures (Capex) 27% 22% 8% 232 151 --14% 199 -95 Q3 2022 Q2 2023 Q3 2023 31% ·0% Free Cash Flow (FCF) 29% 56 -31 Q3 2022 -263 Q2 2023 -262 Q3 2023 Q3 2022 Q2 2023 -63 Q3 2023 - - - Continued strong operating cash flow generation (22% of revenues) Continued meaningful Capex driven by industry-first 8" LED front-end fab, in line with plans Focused investments in European manufacturing footprint (Austria and Germany) Free cash flow (FCF) development as expected given substantial capital expenditures Free Cashflow (FCF) defined as Operating CF - Capex amu OSRAM

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