Meyer Burger Investor Presentation

VERIFIED TECHNOLOGY ROADMAP SECURES TOP POSITION AND FURTHER IMPROVEMENT POTENTIAL Avg. module efficiency [%] Phase I 30 29 28 27 26 25 Phase II Phase III 29.1% 28.3% 27.8% + SWCT III+PSK HC 24.5% IBC SWCT II + HC 24 23.0% SWCT 23 22.4% 22 21.6% 21.0% 21.1% 21 HJT competitors Shingled 19.8% 21.0% 20 Mainstream PERC 19 19.2% 18 2019 2020 2021 2022 2023 2024 2025 MEYER BURGER • • Fraunhofer ISE MEYER BURGER ROADMAP CONFIRMED BY FRAUNHOFER Current business plan is based on Meyer Burger's superior "Phase I" HJT technology,1 which is proven and protected by various. patents Verified module efficiency roadmap suggests further improvements that further extend the lead over HJT competitors and mainstream PERC manufacturers With its stake in Oxford PV and the related perovskite technology, Meyer Burger is already investing in future technologies with further potential for performance improvements Note: 2020 values based on average module efficiencies based on datasheets; year-on-year increase based on CPIA; 1) In business plan, no technology improvements beyond continuous improvement program (CIP) benefits assumed Source: Meyer Burger, CPIA 17 O Meyer Burger

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