ASM International (ASM) AGM 2026 summary

Opening remarks and agenda

• Meeting opened with welcome, agenda overview, and language arrangements for attendees.

• Farewell acknowledgments for departing board members and introduction of current board and committee members.

• Explanation of meeting logistics, voting procedures, and question protocols for shareholders.

Financial performance review

• Achieved ninth consecutive year of double-digit revenue growth, with 2025 revenue near EUR 3.2 billion and operating margin above 30%.

• Strong cash flow generation and proposal for EUR 150 million share buyback and EUR 3.25 dividend per share.

• Revenue primarily from logic foundry (84%), with strategic focus on growing memory segment.

• High customer concentration, with top five customers accounting for 53% of revenue.

• Continued investment in R&D, exceeding EUR 500 million in 2025, supporting innovation and future growth.

Board and executive committee updates

• CEO Hichem M'Saad nominated for reappointment, recognized for successful leadership and growth.

• Changes in supervisory board roles, including new chair for the Technology Committee.

• Ongoing search for new supervisory board members to fill vacancies.