Monetizing Innovation and Financial Reconciliation

Semiconductors segment: revenues up and return to profitability All figures in EURm/% of revenues Total revenues 799 +10% 600 547 1,147 Q2 2022 Q1 2023 Q2 2023 H1 2023 EBIT, EBIT margin (adj.)1) 12% 2% 98 0% -3% 13 -2 -15 Q2 2022 Q1 2023 Q2 2023 H1 2023 - - Double-digit sequential increase driven by stabilization in some Consumer and certain Industrial areas Automotive business still impacted by inventory correction while showing signs of improved order patterns - - Mixed development in Industrial markets, strong Medical business Profitability still impacted by lower production volumes and underutilization, noticeable improvement sequentially 50 1) Excluding M&A-related, transformation and share-based compensation costs as well as results from investments in associates and sale of businesses amu OSRAM

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