BE Semiconductor Industries N.V. ANNUAL

Capital management

Capital management The primary objective of the Company’s capital management is to ensure healthy capital ratios, with focus on liquidity and financial stability throughout the industry cycles, in order to support its business and maximize shareholder value. The Company manages its capital structure and makes adjustments to it, in light of changes in economic conditions. To maintain or adjust the capital structure, the Company may make a dividend payment to shareholders, return capital to shareholders or issue new shares. No changes were made in the objectives, policies or processes during the years ended December 31, 2023 and December 31, 2022. The Company only regards equity as capital. This capital is managed using solvency ratio (excluding intangible assets) and return on investment. (€ thousands, except for percentages) 2023 2022 Equity 421,413 628,535 Solvency ratio¹ 47.0% 55.4% Solvency ratio (excluding intangible fixed assets)² 37.3% 49.7% Return on average equity³ 33.7% 38.6% ¹ Solvency ratio is defined as total equity (€ 421.4) divided by total assets (€ 896.6). ² Solvency ratio (excluding intangible assets) is defined as total equity (€ 421.4) divided by total assets (€ 896.6), both under subtraction of intangible assets (€ 139.1). ³ Return on average equity is defined as net income (€ 177.1) divided by the average of the total equity at January 1, 2023 (€ 628.5) and total equity at December 31, 2023 (€ 421.4). The total number of ordinary shares that will be awarded under the 2020 Framework Incentive Plan may not exceed 1.5% of the total number of outstanding shares at December 31 of the year prior to the year in which the award is made.