Slides
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Third Quarter 2026 Results
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. Melexis engineers microelectronic solutions. Our technology makes cars and other products smarter, safer and greener. Our sensors capture data from the analog world and comprehend these data digitally. Our drivers make sure customers can bring their products to life. What we do
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From idea to solution Design and layout Wafer probe Final test IC assemblyWafer fab Define External What we do Chips Module assembly Full solutions ? 350-110 nm (8”) 130 nm (8”) 90 nm (12”) 40 nm (12”)
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. 203 locationscontinents Our sites worldwide United States – San Jose S&A United States – Novi S&A Belgium – Tessenderlo-Ham S&A R&D Belgium – Ieper S&A R&D Germany – Erfurt S&A R&DM Germany – Dresden S&A R&D S&A Sales & Applications R&D Research & Development M Manufacturing France – Corbeil-Essonnes M France – Paris S&A R&D France – Sophia-Antipolis S&A R&D Switzerland – Bevaix R&D Bulgaria – Sofia R&D Ukraine – Kyiv M Greater China – Shenzhen S&A Greater China – Shanghai S&A Greater China – Taipei S&A South Korea – Seongnam Japan – Yokohama S&A S&AR&D Malaysia – Kuching R&D Philippines – Laguna M India - Pune S&A S&A R&DM
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. Markets AUTOMOTIVE ROBOTICS DIGITAL HEALTH ALTERNATIVE MOBILITY SUSTAINABLE WORLD
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Automotive
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. Chassis - Body - Safety Powertrain Traction inverter Battery monitoring system (BMS) DCDC converter Thermal management Onboard charger (OBC) Accelerator / brake / clutch position Brake fluid level detection Transmission Clutch switch Gear shift Engine cooling fan Water pump Water valves Grille shutter Exhaust gas recirculation (EGR) Valve exhaust gas pressure Throttle Crankshaft position Manifold absolute pressure sensor Fuel pump Fuel level ADAS / Dashboard GPU cooling Washing liquid level detection Wiper Rain-light sensor Hood lock switch LED headlight ventilation fan LED and laser headlight control Tire pressure monitoring system (TPMS) Smart tire sensor Ride height Electrical power steering (EPS) Brake light switch Turn signals / stalk-end position Electric parking brake Flap position detection Climate control / HVAC Seat heating and ventilation Seat belt buckle Seat position adjuster Seat lumbar pressure Keyless entry Door lock switch Door handle wake up switch Side mirror adjuster Window lift Sunroof In-vehicle networking Interior ambient lighting Interior animated lighting Puddle lights Stop lights Rear lights Tailgate/trunk motor opener Trunk lock switch Melexis chips in every new car
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. ● EV powertrain ● Thermal management ● Battery ● Power management ● Interior and exterior lighting ● Motors (seat, window, HVAC, grille shutter) Electrification Premiumization ADAS ● E-braking and E- steering ● Dynamic lighting ● TPMS Melexis has a well diversified portfolio, limiting its dependency on the type of powertrain. Major automotive trends
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. Melexis ranks 5th worldwide in automotive sensors Source: TechInsights (April 2026)
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. 400+ patents Average of 40 patent families per year Thermal management Drivers 1. Melexis 2. Elmos 3. TDK EV Powertrain Sensors 1. Melexis 2. Allegro 3. Novosense Interior Lighting Drivers 1. Melexis 2. Indie 3. Elmos Thermal management Sensors 1. Melexis 2. TDK 3. Allegro Steering & Braking Sensors 1 Melexis 2 Infineon 3. Allegro Technology leadership Automotive Growth Drivers
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. 5 year CAGR 11% 5 year CAGR 4% 5 year CAGR 7% 2025 Melexis Growth Drivers Other 2030 Melexis: Automotive Service Addressable Market Growth Drivers outperform with 11% revenue CAGR
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EV powertrain ▪ A C p h a s e c u r r e n t m o n i t o r i n g ▪ R o t o r p o s i t i o n s e n s i n g ▪ P o w e r m o d u l e t e m p e r a t u r e m o n i t o r i n g ▪ S a f e t y c o v e r o p e n / c l o s e d e t e c t i o n ▪ B o o s t i n g p o w e r m o d u l e p e r f o r m a n c e
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EV thermal management ▪ P r e s s u r e & t e m p e r a t u r e m o n i t o r i n g ▪ E - c o m p r e s s o r c u r r e n t s e n s i n g ▪ F a s t c h a r g e c u r r e n t m o n i t o r i n g ▪ V a l v e & p u m p p o s i t i o n i n g & c o n t r o l l i n g ▪ R e f r i g e r a n t p r e s s u r e s e n s i n g
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EV battery ▪ A C & D C c u r r e n t m o n i t o r i n g ▪ P a c k & c e l l l e v e l p r e s s u r e m o n i t o r i n g ▪ C o n t a c t l e s s t e m p e r a t u r e m o n i t o r i n g ▪ H y d r o g e n s e n s i n g ▪ C e l l l e v e l v o l t a g e , t e m p e r a t u r e a n d i m p e d a n c e m o n i t o r i n g
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E-braking & E-steering ▪ W h e e l a n g l e p o s i t i o n & t o r q u e s e n s i n g ▪ P e d a l p o s i t i o n s e n s i n g ▪ C a l i p e r p o s i t i o n & f o r c e s e n s i n g ▪ R o t o r p o s i t i o n i n g ▪ P a r k l o c k m o t o r p o s i t i o n i n g & c o n t r o l l i n g
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Lighting ▪ I n t e r i o r a m b i e n t l i g h t i n g ▪ A n i m a t e d l i g h t i n g ▪ L o g o & g r i l l e i l l u m i n a t i o n ▪ D a y t i m e r u n n i n g l i g h t ▪ R e a r l i g h t i n g
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Robotics require many sensors and drivers ● Joints ○ Position sensors ○ Compact Motor drivers ○ Torque sensors ● Battery management ○ Thermal sensing ○ Current sensing ● Power train (2-, 3-, 4-wheels) ○ Motor drivers ● End effectors ○ Force sensors ○ Thermal sensors ● Environment sensing ○ Thermal sensors ● Complex embedded SW (Edge AI) Industrial robot Service robot Service robotHumanoid robot
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. End-to-end China Strategy 端 到 端 的 中 国 战 略 ￭ Local outsourced semiconductor assembly and test (OSAT) partner 外 包 半 导 体 封 装 测 试 合 作 伙 伴 ￭ Chinese semiconductor wafer fabrication partner 中 国 晶 圆 制 造 合 作 伙 伴 ￭ Locally embedded logistics hub 本 地 物 流 中 心
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. Melexis is at the forefront of innovation
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. Evolution Financials 2001-2026 Turnover Q3 2026: 223.7 mln EUR 9M 2026: 642.9 mln EUR Gross result Q3 2026: 91.1 mln EUR (40.7%) 9M 2026: 259.6 mln EUR (40.4%) Operating result Q3 2026: 41.3 mln EUR (18.5%) 9M 2026: 113.0 mln EUR (17.6%) Million EUR 3Q01 3Q02 3Q03 3Q04 3Q05 3Q06 3Q07 3Q08 3Q09 3Q10 3Q11 3Q12 3Q13 3Q14 3Q15 3Q16 3Q17 3Q18 3Q19 3Q20 3Q21 3Q22 3Q23 3Q24 3Q25 3Q260 100 200 300 3Q01 3Q02 3Q03 3Q04 3Q05 3Q06 3Q07 3Q08 3Q09 3Q10 3Q11 3Q12 3Q13 3Q14 3Q15 3Q16 3Q17 3Q18 3Q19 3Q20 3Q21 3Q22 3Q23 3Q24 3Q25 3Q26—% 25.0% 50.0% 75.0% 3Q01 3Q02 3Q03 3Q04 3Q05 3Q06 3Q07 3Q08 3Q09 3Q10 3Q11 3Q12 3Q13 3Q14 3Q15 3Q16 3Q17 3Q18 3Q19 3Q20 3Q21 3Q22 3Q23 3Q24 3Q25 3Q26(10.0)% —% 10.0% 20.0% 30.0% 40.0%
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. Outlook Melexis confirms its second half 2026 outlook, which is for sales to be between 445 and 455 million EUR, with a gross profit margin around 41% and an operating margin around 18%, all taking into account a EUR/USD exchange rate of 1.12 for the remainder of the year. For the full year 2026, Melexis expects CAPEX to be around 40 million EUR. Q3 2026 results at a glance Sales 223.7 mln EUR +4% Y-o-Y Gross margin 40.7% 91.1 mln EUR +9% Y-o-Y Operating result 18.5% 41.3 mln EUR +9% Y-o-Y Net result 0.78 EPS 31.3 mln EUR 14% Y-o-Y Operating cash flow (before working capital changes) 53.6 mln EUR 4% Y-o-Y Net debt 193.0 mln EUR
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. Profit & loss Q3 2026 versus Q3 2025 versus Q2 2026 P&L account (in million EUR) Q3 2026 % of Sales Q3 2025 % of Sales Q2 2026 % of Sales Sales 223.7 100.0% 215.3 100.0% 217.1 100.0% Cost of sales -132.6 -59.3% -131.9 -61.2% -129.1 -59.5% Gross result 91.1 40.7% 83.4 38.8% 87.9 40.5% R&D -30.3 -13.6% -27.5 -12.8% -29.9 -13.8% G&A -14.5 -6.5% -13.1 -6.1% -14.6 -6.7% Selling -4.9 -2.2% -4.9 -2.3% -4.9 -2.2% Operating result (EBIT) 41.3 18.5% 37.8 17.6% 38.6 17.8% Financial result -2.7 -1.2% -3.0 -1.4% -3.1 -1.4% Income taxes -7.3 -3.3% -7.3 -3.4% -4.6 -2.1% Net result 31.3 14.0% 27.5 12.8% 30.8 14.2% Net result per share in EUR 0.78 0.68 0.76
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. Outlook Melexis confirms its second half 2026 outlook, which is for sales to be between 445 and 455 million EUR, with a gross profit margin around 41% and an operating margin around 18%, all taking into account a EUR/USD exchange rate of 1.12 for the remainder of the year. For the full year 2026, Melexis expects CAPEX to be around 40 million EUR. 9M 2026 results at a glance Sales 642.9 mln EUR +3% Y-o-Y Gross margin 40.4% 259.6 mln EUR +7% Y-o-Y Operating result 17.6% 113.0 mln EUR +10% Y-o-Y Net result 2.11 EPS 85.2 mln EUR -5% Y-o-Y Operating cash flow (before working capital changes) 146.6 mln EUR -4% Y-o-Y Net debt 193.0 mln EUR
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. Profit & loss 9M 2026 versus 9M 2025 P&L account (in million EUR) 9M 2026 % of Sales 9M 2025 % of Sales Sales 642.9 100.0% 625.1 100.0% Cost of sales -383.2 -59.6% -383.4 -61.3% Gross result 259.6 40.4% 241.7 38.7% R&D -89.6 -13.9% -84.8 -13.6% G&A -42.8 -6.7% -39.9 -6.4% Selling -14.2 -2.2% -14.5 -2.3% Operating result (EBIT) 113.0 17.6% 102.5 16.4% Financial result -10.1 -1.6% 4.9 +0.8% Income taxes -17.7 -2.8% -17.4 -2.8% Net result 85.2 13.3% 89.9 14.4% Net result per share in EUR 2.11 2.23
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. Balance Sheet Q3 2026 versus Q3 2025 versus Q2 2026 Balance Sheet (in million EUR) Q3 2026 Q3 2025 Q2 2026 Total assets 797.7 921.6 831.2 Current assets Cash 37.4 33.3 37.3 Inventory 261.5 299.1 270.4 A/R Trade 119.3 106.8 123.0 Non-current assets 261.7 346.0 281.9 Shareholders' equity 464.6 534.7 435.7 Interest bearing debt 230.4 277.9 293.2 Long term 227.3 265.8 290.1 Short term 3.1 12.2 3.1
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. Free cash flow of EUR 66 million Repaid EUR 63 million debt Q3 2026 cash flow Mln. EUR 54 2 16 -3 3 72 -7 -63 -2 0 0 Cash flow from operating activities before WCap changes Change in AR/AP/ Inventories Change in Other non- current assets Income tax paid Other working capital changes Cash flow from operating activities CAPEX Proceeds/ Repayment of debt Acquisition own shares Other Change in reported cash 0 20 40 60 80
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. Free cash flow of EUR 194 million Dividend paid of EUR 94 million 9M 2026 cash flow Mln. EUR 147 13 54 6 220 -26 -84 -94 -12 -1 3 Cash flow from operating activities before WCap changes Change in AR/AP/ Inventories Change in Other non- current assets Other working capital changes Cash flow from operating activities CAPEX Proceeds/ Repayment of debt Dividend payment Acquisition of shares Other Change in reported cash 0 50 100 150 200 250
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. Sales high single digit CAGR Melexis target operating model Outperform our markets through innovation and profit growth through the cycle Key assumptions ● Outperform where we play (SAM: 7% automotive, higher in multi-markets) ● Volume assumptions: automotive production stable, unit growth in multi-markets, overall content growth (value of chips per unit), high multipliers in multi-markets ● Focus on Melexis growth drivers in multiple markets ● Higher ASPs through increasing system solutions Gross margin 45% EBIT margin 25%
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. Cash return to shareholders Yield based on average share price ￭ Solid dividend yield and long track record ￭ Share buy-back program for up to 850 thousand shares for an amount of up to EUR 50 million renewed in December 2025 EUR Dividend (EUR) Capital reduction (EUR) Yearly dividend return (%) Average dividend return (%) 19992001200320052007200920112013201520172019202120232025 0.00 1.00 2.00 3.00 4.00 —% 3% 5% 8% 10%
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. Shareholder structure and shareholder return 25% 25% 3% 47% Elex NV Sensinnovat BV Treasury Shares Public Shareholder structure on September 30, 2026 Shareholder return 2002-2026
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. INDUSTRY FIRST 1996 Programmable linear Hall sensor 2001 LIN system basis chip 2004 Single chip smart LIN 2005 Triaxis® magnetic sensor 2007 Integrated infrared thermometer (FIR) 2010 Single chip sensor- less BLDC motor drive solution 2011 • Fully integrated passive entry automotive qualified NFC • 3D camera sensor 2012 • Single chip LIN RGB driver • SENT pressure sensor • 16x4 infrared array 2013 • Programmable Hall sensor for high performance current sensing • End-of-line programmable Hall latches 2014 • WPC & NFC automotive solution • Programmable 2- wire Hall sensor with integrated capacitor • Triaxis® micropower magnetometer for automotive • Time-of-flight 3D camera IC 2015 Thermocouple Interface with on- board diagnostic featuring SENT 2016 • Smallest Tire Pressure Monitoring Sensor (TPMS) IC • Far Infrared Thermal (IR) sensor array 2017 • Time-of-flight chipset • Dual die L&S sensor 2018 • ASIL ready Triaxis® Position sensor IC • Hall-effect current sensors 2019 • Automotive grade single-chip VGA time-of-flight sensor • Miniature medical grade infrared temperature sensor 2020 Multi-channel RGB-LED driver enabling high- speed light animations (MeLiBu®) 2022 • TactaxisTM gives robot a sense of touch • Revolutionary floating switch • Pico-resolver • Most accurate automotive pressure sensor IC ever made • Dual quadrature outputs L&S • Triaxis® PCB-less dual stack dies 2021 Synthetize inductive resolver 2023 • First contactless temperature to be integrated in a smartwatch. • Accurate Hall- Effect DC current sensor IC 2024 • Triphibian MEMS pressure sensor for gas and liquid media from 2 to 70 bar • Induxis® inductive switch with integrated coils 2025 • Automotive driver supporting up to 500 RGB LEDs (MeLiBu®) allowing more differentiated offerings
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The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved. Philip Ludwig Investor Relations investor@melexis.com Melexis Investor Relations