Good afternoon. [Non-English content]. This year I welcome you and open the shareholders meeting today, Monday 17th of May 2021. [Non-English content] CEO Benjamin Loh. [Non-English content] [Non-English content] COVID-19 [Non-English content]. [Non-English content]. [Non-English content]. [Non-English content] [Non-English content] [Non-English content] [Non-English content]CEO Benjamin Loh [Non-English content] Benjamin Loh [Non-English content] Thank you, thank you. For those joining us. [Non-English content]. [Non-English content] [Non-English content] [Non-English content]. [Non-English content]. [Non-English content] [Non-English content]. [Non-English content]. [Non-English content] [Non-English content]. [Non-English content]. [Non-English content] Energy Efficiency Standard. [Non-English content]. [Non-English content] SEAL Award winner. [Non-English content] Responsibility Leaders Program. [Non-English content] BCA Green Mark [Non-English content]. [Non-English content] Operational Excellence Preferred Quality Supplier Award. [Non-English content]. [Non-English content] [Non-English content] [Non-English content] [Non-English content]. [Non-English content]. [Non-English content] R&D-engagements. [Non-English content] [Non-English content] [Non-English content]. Thank you. [Non-English content] The reduction in the number of suppliers is primarily our continuous focus to increase our efficiency and effectiveness of our supply chain. Something that will continue as part of making our supply chain even more effective. The lesson that we have learned from COVID-19, especially in the second quarter of last year, due to border closures between Singapore and Malaysia, which led to some delays and shortages of components from our suppliers. That's something that we look at as part of our continuous risk assessment of our strategic and critical suppliers. Something that we do as part of our normal process, which also includes having to audit the critical and strategic suppliers, having some suppliers do self-audits, RBA audits, and to some extent, sometimes including training and building up the capabilities of the suppliers so that we have a resilient and strong supply chain going forward. [Non-English content]. [Non-English content] [Non-English content] [Non-English content]: ASMI aims to strengthen. ASMI will in the memory market [Non-English content] high performance. [Non-English content] [Non-English content], Benjamin. [Non-English content]: ASMI. ASMI is [Non-English content]. [Non-English content]. [Non-English content]. [Non-English content], Benjamin. [Non-English content] April 19, 2021 [Non-English content] annual account. [Non-English content] [Non-English content] CEO, Benjamin Loh, [Non-English content] May 2020 [Non-English content] Short Term Incentive, STI, [Non-English content]. [Non-English content] CEO [Non-English content] CFO, [Non-English content] EUR 448,000 [Non-English content] CEO [Non-English content] CFO. [Non-English content] CEO [Non-English content] CFO. [Non-English content] Long-Term Incentive. [Non-English content] [Non-English content] CFO in 2020 [Non-English content]. [Non-English content] CFO [Non-English content] 2020 [Non-English content] CFO, [Non-English content]. [Non-English content]. [Non-English content]? Martin. [Non-English content] [Non-English content] [Non-English content] Short-Term Incentives, STI or STIP, [Non-English content] Long-Term Incentives. [Non-English content] Long-Term is [Non-English content] EBIT percentage. [Non-English content] 75%. [Non-English content] 25%. [Non-English content] Management Board. [Non-English content] [Non-English content]? [Non-English content]. [Non-English content]. [Non-English content] KPMG [Non-English content] accountant. The VEB has four questions under this agenda item, which will be addressed after presentation by our partner from KPMG. I would like to first give Mr. Frederik Croiset van Uchelen, our partner from KPMG, the opportunity to explain the audit and the statement they have issued. Frederik, you have the floor. Frederik is virtually present, has prepared a few slides, and will explain them. [Non-English content] [Non-English content] 2020 van ASM [Non-English content] EUR 15 million [Non-English content] 4.5% [Non-English content] EUR 750,000 [Non-English content] [Non-English content]two key audit matters cybersecurity. [Non-English content] [Non-English content] [Non-English content]. The question: position to a circular economy. [Non-English content] World Economic Forum [Non-English content] [Non-English content] [Non-English content]. [Non-English content]. [Non-English content]. [Non-English content] Zero World Health Forum versus Climate Action. Climate action failure is [Non-English content]. [Non-English content] [Non-English content]. Thank you. Nadine, any further questions? [Non-English content] [Non-English content]. [Non-English content]. [Non-English content]. [Non-English content] Euronext Amsterdam. [Non-English content] [Non-English content]. [Non-English content]. [Non-English content]. [Non-English content]. [Non-English content]. [Non-English content] [Non-English content]. Good afternoon. I'm Paul Verhagen. I'm 55 years old. I have the Dutch nationality. I'm married and I'm the father of three sons. The ASM Supervisory Board has nominated me to join the ASM Management Board and to become CFO of the company. As today's AGM is conducted virtually, I would like to give a brief introduction of myself through this short video. My career started in Royal Philips, where I've worked for 24 years. I've done various financial management and CFO roles in the various businesses and product divisions of Philips, in which I've been provided with experiences in treasury management, in display components, in healthcare, in consumer electronics, consumer lifestyle, and Philips Lighting. These experiences have also given me the opportunity to live in many places like Taiwan, Mainland China, Hong Kong, Silicon Valley, and Boston. Furthermore, I've been a non-executive Supervisory Board member at LG.Philips LCD, which is a listed company and nowadays called LG Display. After my career within Philips, I became a member of the Management Board, and CFO of Fugro. Fugro is the world's leading geodata specialist, acquiring and analyzing data about the Earth and the structures built on it, and provides geodata-related advice to its clients. Fugro is listed on Euronext Amsterdam. At today's AGM, I would very much appreciate your endorsements and approval for my nomination to join the Management Board of ASM, and to succeed Peter van Bommel. ASM is a great company and has 50+ years of history in technological innovation, which provides a good platform for growth in an ever-increasing digital and data-driven world. I feel excited and honored to join ASM and to build on the work done by my predecessor and the ASM management team, and to bring ASM to its next phase. I hope this short introduction has given you an idea of my background. However, if you have any questions, I'm most happy to answer those. Thank you. Okay. Thank you. Thanks. I think it was a very interesting little video. There are [Non-English content] There are no questions about this nomination. We have discussed this voting item, and based on that, we now move to the next item, which is item nine, regarding the composition of the Supervisory Board. First of all, under this item, we need to address two things. I would like to start with item nine, which is the reappointment of Ms. Stefanie Kahle-Galonske as a supervisor of ASMI. Of course, according to the rotation schedule, the term or mandate of Ms. Kahle-Galonske is expiring, and in accordance with the articles of association and the Dutch Civil Code, and of course, for the continuity and experience in the Supervisory Board and to maintain that, the Supervisory Board has drafted a binding nomination to reappoint Ms. Stefanie Kahle-Galonske as a member of the Supervisory Board for another term of four years, which ends after the annual general meeting in the year 2025. In accordance with Principle 2.2.2 of the reviewed code. Ms. Galonske has been the chair of the Audit Committee for several years now and will continue her activities in this committee. There are no questions that we received in advance, and that concludes this item on the agenda for that reason. We would like to inform you of the following. As you know, this is my last meeting as chair and member of the Supervisory Board. As you know, I will step down as supervisor after having served on the Supervisory Board for 12 years. We will later in this meeting, come back to that. This is, by the way, not a voting item. Meaning that we can now go to item 10, which is the appointment of the company's auditor for the financial year 2021. The appointment of the auditor for the financial year 2021 has been done, and we wish to keep the current auditor, KPMG, and we want to have them reappointed for the financial year 2021. It's a bit monotonous, but I again conclude that we did not receive any questions or remarks under this item, and therefore we can move on to item 11, which is the designation of the Management Board as the competent body to issue common shares and rights to acquire common shares and to set aside any preemptive rights. This item consists of two parts that have a separate vote. 11A is the designation of the Management Board as a competent body to issue common shares and rights to acquire common shares. It is the designation of the Management Board and is limited to a maximum of 10% of the outstanding share capital of the company on the date of this annual general meeting. That concludes 11A. We have 11B, which is the designation of the Management Board as a competent body to set aside any preemptive rights with respect to the issue of common shares and rights to acquire common shares. This is also a voting item and concerns excluding any preemptive rights. According to Article 7, Sub 5 of the Articles of Association, the general meeting of shareholders can appoint a Management Board for a period of 18 months, and appointed or designated as the organ of the company that, subject to the approval of the Supervisory Board, is authorized to limit or exclude any preemptive rights of existing shareholders if common shares or rights to acquire common shares are issued. For both items, voting items 11A and 11B, I can tell you that we did not receive any questions. We can move to item 12. Item 12 concerns the authorization of the Management Board to repurchase common shares in the company. We talk about the authorization of the Management Board to repurchase common shares up to 10% of the total issued capital on the date of this annual general meeting. Also this voting item has no questions, meaning that we can go to item 13, which is the amendment of articles of association. The change in the articles of association. Let me see. Again, a voting item. In accordance with Article 34 of the Articles of Association of the company, the Management Board and Supervisory Board propose to amend the articles of association. On the 1st of July, 2021, the Act on Management and Supervision of Legal Entities will enter into force. Based on that law, the articles of association must include a provision to cover the absence or inability to act of all members of the Supervisory Board. It is proposed to include such a provision in the articles of association as well as, although this will not be required by law, a provision for the event of absence or inability to act of one or more, but not all, of members of the Supervisory Board. There is an explanation on this subject that you can read on the website. No questions have been received, which means that we can go to item 14, which is withdrawal by the company of treasury shares. The buyback share program of EUR 100 million that was announced on 25th of February last year was finalized on 2 of March this year. The shares that the company now has in treasury are more than the required shares that the company needs for the share plans of the staff and Management Board. Therefore, the proposal is to withdraw 500,000 shares. Again, this is a voting item. We did not receive any questions. I can therefore continue to the next item, which is item 15. Item 15 means any other business. Under this item, we did not receive any other business from any shareholder. Therefore, we have no further formal questions for this round of any other business. Also during this meeting, we did not receive any further questions. I would like to inform you at this point that those of you who have participated online and had the opportunity to vote electronically, you still have one minute left to conclude your votes. After that one minute, I will close the vote, which means that we can then show you the total voting results. Let's take a moment of peace and quiet. It's all fine. I think time's up. We would like to declare the total voting process closed. Having done this, you will see on the screen or screens the total results of the votes per voting item on our agenda of today. Here we have it. Let me go through this with you. On agenda item three, we have in favor 86.85%, against 13.15%, with 1,516,523 abstentions. This motion was carried. Agenda item four, in favor 100% of the votes. There were some 250 votes against and 134,201 abstentions. Again, this has been adopted. Agenda item five, here we have 33,671,768 votes in favor, which constitutes 99.68% of the total, 0.32% against, and some 1,410 abstentions. Motion carried. Agenda item six, in favor 98.49%, against 1.51%, and 176,000 well, almost 177,000 votes, which were abstentions. Motion carried. Agenda item 7, 98.5% in favor, 1.5% against, 502,000, that is, and 176,754 abstentions. This has been adopted. All these items on the agenda have been adopted. Moves us to agenda item eight, 99.74% in favor, 0.26% against, and 72,624 abstentions. Adopted by the AGM. Agenda item nine, 99.89% in favor, 0.11% against, and almost 80,000 abstentions were received. This motion has been carried, therefore. Agenda item 10, 100% in favor, or rather 33,748,832 votes, almost 100%, 270 votes against, and 30,510 abstentions. Item carried. Agenda item 11A, 98.94% in favor, 1.06% against, with 1,540 abstentions. This has been adopted. We have 11B. Here, 98.29% in favor, 1.71% against, and 1,610 abstentions. Both 11A and 11B have been adopted. The final three items on the agenda which require the vote, they are number 12. We received 99.39% of the votes in favor, 0.61% against, and 92,588 abstentions. This has been carried. Moving to agenda item 13, 33,776,491 votes in favor, almost 100%, with 750 votes against and 2,371 abstentions. This item has therefore been adopted. Finally, number 14, 33,776,131 votes in favor. Again, almost 100%, 875 votes against, and 2,606 abstentions. Also agenda item 14 has been approved. This then was the total result of the vote. As I said before, this is the final meeting for me as Chair of the Supervisory Board of ASMI. After a period of 12 years, when I joined the Supervisory Board in May of 2009, I also became Chair of the Audit Committee right away. After a little over four years in July 2013, the Supervisory Board asked to become Chair. Almost eight years as Chair of the Supervisory Board are now finished. In accordance with the Governance Code, they are three times four years that I have served now, and this is then time in accordance with that code to-- I'm sorry we don't have a hammer, but I would pass that hammer on if I had it, to somebody else. As I already mentioned, when Peter van Bommel said goodbye, is that the company has developed, improved, and changed wonderfully over the past 10 or 12 years. It is in a fine position at this point. With all sorts of pleasure, I took part in the deliberations in the Supervisory Board. I tried to give advice to the Management Board. I attempted to be part of whatever I could contribute. It is with great satisfaction that I look back on the past 12 years. I think the company in the coming years, one, it's in a fine position to continue doing well, developing strongly, growing fast, and I wish it every sort of good luck during these coming years. Then, without further ado, because this was actually my final act as chair of the supervisory board, hand over that virtual chairman's hammer to Martin van Pernis, who was already vice chair of the supervisory board, and he takes over from me and in the coming years will function as chair of the supervisory board. Once again, it was with great pleasure that I performed my tasks in this position at ASMI, and I wish everyone presently involved with this firm all the best. Thank you. Martin, will you virtually take over from me that chair's hammer and close the meeting? Thank you. Yes, indeed. Everything's been virtual since COVID, even the hammer. I will use this opportunity, please, on behalf of the entire Supervisory Board, to thank Jan Lobbezoo for his role as played in the wonderful development of ASM International in the 12 years that he was member and chair of the Supervisory Board. Just now, you already, Jan Lobbezoo and Peter, gave you a wonderful overview of that great development. With his great knowledge of the semiconductor industry and his broad financial experience in big international companies to boot, many of the members on this board served like him at Philips. Jan Lobbezoo was a great contribution and support to the Boards. Also the Supervisory Board, in his extraordinary manner, he led the Board and gave optimal support to the leaders of the company. I was able to act as his vice chair for many years and looked at him with great admiration. Jan, thank you so much for your role and dedication. We want to give you a bouquet of flowers as well. We know that you can go to the management tasks in your home. I think it's a really good idea to hand the flowers to your wife. Stay online, bear with us, because I will be back. Let me hand some flowers to Jan's wife. Finally, maybe about myself. In 2010, you appointed me in the Supervisory Board. You reconfirmed this in 2014, 2018, and 2020. Those who are calculating will have understood that my service ends in 2022, which is a year from today. Now, the complete Supervisory Board have asked me to take on the role of Chair in this final year. Although this is my third chairmanship of a stock-listed company, I've declared myself willing and able. To make it possible, I terminated a number of roles as board and Supervisory Board member. I hope to tread in the footsteps of Jan and from my experience as Vice Chair to take on this role in the best possible way, hopefully as good as he did. I hope to find you here with us next year. Of course, that can only happen if you remain shareholders, and then we hope to have you physically with us as well. At this point, I take over the role of Jan as chair and move immediately to the final item on the agenda, which is item 16, the closing. Unfortunately, again this year, we cannot chat over beer or a glass of wine and have the unavoidable bitterballen, but I promise you, we will make up for it next year. With this, I close the AGM 2021 of ASMI and thank you for your virtual presence with us today. Goodbye.