Meyer Burger Investor Presentation

Acquisition of a stake in Oxford PV Transaction structure MEYER BURGER 18.8% (17.2% fully diluted) With option to increase to 31.6% (29.3% fully diluted) OXFORD PV MEYER BURGER Legal & General others equinor GOLDWIND 81.2% (82.8% fully diluted) MBT acquires up to 18.8% (17.2% fully diluted) of Oxford Photovoltaics Limited (Oxford PV) to be paid in Meyer Burger shares (up to 9.99% of total shares issued or up to 62.3 million shares) with a mechanism agreed between the parties and to be issued from existing authorised capital ■ MBT becomes the largest single shareholder in Oxford PV. Other Oxford PV shareholders include Legal & General, Equinor Energy Ventures, Goldwind and financial investors ☐ Until 31 December 2020, MBT has the option to further increase its stake to up to 31.6% (29.3% fully diluted) in capital (voting rights restricted to maximum 24.0%) MBT and Oxford PV have entered into a separate agreement to jointly develop certified modules based on industrialised processes and the respective equipment for large volume manufacturing. Oxford PV buys from Meyer Burger a 200 MW HJT line at market conditions. Dr Hans Brändle will become member of the Board of Directors of Oxford PV Closing of the transaction expected by end of April 2019 23 Meyer Burger Technology Ltd, Presentation for Investors, Analysts and Media

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