Comet (COTN) Investor presentation summary

Business positioning

• Critical supplier to semiconductor industry, positioned at the intersection of digitalization and electrification.

• Three divisions serve semiconductor and electronics markets with RF power delivery, industrial X-ray systems, and X-ray components and modules.

• Holds #1 positions in vacuum capacitors and matchboxes, and metal ceramic tubes; ranked top 3 in served markets.

Global footprint

• FY2023 net sales CHF 397.5 million; 1,577 employees and 12 locations.

• Sales mix: Asia 56%, North America 23%, Europe 18%; headquarters in Flamatt, Switzerland.

• Global production, R&D, and sales and service locations include Switzerland, North America, Europe, and Asia.

Market growth drivers

• Semiconductor revenue CAGR forecast above 9% for 2023–2030; advanced packaging revenue CAGR ~11% for 2022–2027.

• Growth drivers include AI/ML, 5G, IoT, EVs, data centers, edge computing, and consumer electronics.

• Technology inflections include 3D and nanoscale semiconductor structures, heterogeneous integration and advanced packaging, and electrification for ADAS and batteries.

• Advanced packaging addresses traditional scaling limits through improved performance, power efficiency, and integration capabilities.