ASM International (ASM) AGM 2026 summary

Opening remarks and agenda

• The meeting welcomed shareholders both in person and via webcast, with simultaneous translation available in English and Dutch.

• The agenda included financial performance, board updates, remuneration, auditor appointment, and voting procedures.

• Farewells and appreciation were extended to departing board members, and introductions were made for all present executives and supervisory board members.

• Voting and question procedures were explained, with proxy and digital voting options and clear instructions for shareholder participation.

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 a proposed EUR 150 million share buyback; dividend of EUR 3.25 per share proposed.

• Revenue primarily from logic foundry (84%), with memory at 16%; focus on growing memory segment.

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

• Consistent increase in dividends and cash returns to shareholders over the past decade.

Board and executive committee updates

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

• Changes in supervisory board roles, including farewells and new appointments, were highlighted.

• Remuneration policies for both management and supervisory boards reviewed and updated to remain competitive globally.