Meyer Burger Investor Presentation

• • • Increasing Goodyear capacity by ~400 MW and replicating DESRI offtake agreement Capacity expansion • Module: increasing Goodyear annual capacity from approximately 1.6 GW to approximately 2 GW with minimal incremental CAPEX Cell: additional equipment for higher cell volume required in Thalheim (Bitterfeld-Wolfen, Germany) Key offtake parameters for incremental volume Customers: two new major developers/offtakers Term: multi-year starting in 2025 Down payments: down payment for incremental CAPEX as well as substantial recurring annual down payments for working capital Further economically attractive expansion Contractual offtake structure successfully pioneered with DESRI now replicated with new blue chip customers Compared to DESRI agreement, higher and earlier down payments also cover required CAPEX Expansion to overall approximately 3.4 GW triggers incremental economies of scale that further dilute fixed costs and improve operational margins Additional IRA tax credits to be earned through U.S. module production (partially shared with customers) Further strengthening of Meyer Burger's U.S. footprint Negotiations with further strategic offtake partners in the U.S. and Europe on the back of the proven offtake model continue to be ongoing MEYER BURGER Meyer Burger Technology AG, Presentation for Investors, Analysts and Media, March 23, 2023 17

View entire presentation