Press Release

SINGULUS TECHNOLOGIES reports Financial Figures for First Nine Months 2019

• Sales at EUR 61.5 million below prior-year level
• Gross profit margin above prior-year level and positive EBIT in the amount of EUR 0.3 million
• Signing Ceremony with CNBM in the course of CIIE fair in Shanghai, China
• Order intake with a volume of around EUR 57 million by CNBM still expected for the fourth quarter
• New projects for semiconductor and life science

Kahl am Main, 14 November 2019 - During the first nine months of the current business year the SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) achieved sales in the amount of EUR 61.5 million (previous year: EUR 91.0 million). Sales in the third quarter came to EUR 17.4 million (previous year: EUR 44.6 million). The EBIT in the first nine months was positive and stood at EUR 0.3 million (previous year: EUR 4.0 million). In the third quarter the EBIT came to EUR -1.3 million (previous year: EUR 5.2 million). During the first nine months of the business year 2019 the order intake came to EUR 33.9 million, below the prior-year level of EUR 74.6 million achieved in 2018. In the quarter under review the order intake came to EUR 6.8 million (previous year: EUR 9.6 million). The order backlog amounted to EUR 38.5 million as of September 30, 2019 (previous year: EUR 90.3 million). During the first nine months of the business year 2019 the gross profit margin remained at a high level of 31.4 %.

On November 9, 2019, in the course of the China International Import Expo (CIIE) in Shanghai a signing ceremony took place between the subsidiaries of the Chinese state-owned group CNBM Group, Beijing, and SINGULUS TECHNOLOGIES. The goal was the confirmation of both parties regarding the agreement of the essential parameters for the delivery of nine production machines of the first expansion stage with 150 MW for the next factory for CIGS solar modules in the town of Xuzhou, China. The legally binding contracts are now to be concluded within the coming period between the companies involved in the operation.

The expected project volume currently amounts to approximately EUR 57 million. After the conclusion of the contracts, the agreed prepayments and the corresponding project start is expected shortly afterwards.

Since a specific point in time was not mentioned and accordingly, the detailed impact on the sales and earnings targets cannot be determined, the company refrains from publishing a new forecast for the business year 2019.

In the field of semiconductors SINGULUS TECHNOLOGIES offers the plant platforms TIMARIS and ROTARIS. A ROTARIS system was successfully sold to a German research institute. The order for another system for semiconductor technology is expected in the next weeks.

The new Life Science segment includes production solutions for medical technology, decorative coatings and optical disc. During the period under review, a DECOLINE and several POLYCOATER and BLULINE machines were sold.

The headcount within the SINGULUS TECHNOLOGIES Group increased slightly to 358 employees as of September 30, 2019 (December 31, 2018:
343 employees).

Consolidated key figures nine months 2017/18

Consolidated key figures 3^rd quarter 2018/19

SINGULUS TECHNOLOGIES - innovations for new technologies
SINGULUS TECHNOLOGIES develops and assembles innovative machines and systems for efficient and resource-saving production processes, which are used worldwide in the solar, semiconductor, medical technology, consumer goods and optical disc sectors.

The company's core competencies include various processes of coating technology, surface treatment and wet-chemical and thermal production processes.

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5
Maren Schuster, Head of Investor Relations, Tel.: + 49 (0)160 9609 0279
Bernhard Krause, Corporate Communications, Tel.: + 49 (0)170 9202 924
E-mail: [email protected]