Annual results 2009

1. Annual results 2009 Amsterdam, March 2nd, 2010 Board of Directors Vincent de Bok Huub van der Vrande

2. Highlights 2009 Course of events strongly influenced by negative economical developments, but from September onwards recovery started Turnover fell by 22.4% to € 188,4 m • Lack of demand in the semiconductor sector left a strong mark in the first 8 months, as from September notable recovery • Also other sectors were hit and show volatility, but as from September positive on balance • Order portfolio as of year-end 2009 56,0 m, a slight drop of 2% compared to 2008, but an increase of 7% compared to the end of June 2009 Net result excluding exceptional charges to -4,6 m (2008: 3,1 m) • Strong decrease of cost base by reduction personnel; in average 385 FTE’s less than 2008 • Exceptional charges for integration NEA/NIS 1,1 m (net) • Slight positive result in the 4th quarter after four loss-making quarters

3. Highlights 2009 Course of events strongly influenced by negative economical developments, but from September onwards recovery started Strong balance ratios • Solvency 44,2% (year-end 2008: 45,3%) • Decrease shareholders’ equity compensated to a large extent by decrease of inventory and limited investments Net cash flow -1,8 m (2008 +6,5 m) • Positive net cash flow in 2nd half 2009 of 8,1 m • Strong reduction of working capital in the second half of the year

4. Key figures 2009 * Excluding exceptional charges

5. Positioning Neways • Market: - Coremarket Benelux / Germany - Intentional focus on growth segments industrial, semicon, medical, automotive, defence and “high-end” telecom • Customers: - Industrial / professional market - B2B (OEM’s: Original Equipment Manufacturers) • Specialisation: - Small complex / specialised series - Development / production of electronic components to complete box build systems - Product life cycle management/ one-stop-provider • Core compentence: - Close to customers (Netherlands, Germany) - High added value / expertise and service - Low production costs (Eastern Europe, China)

6. Development turnover and order book Order book (EUR m) at the end of Net turnover(EUR m) -2% 281 243 -22% +7% 239 188 -28% • As from September notable recovery of semicon sector • Situation in other sectors remained volatile, but as from September positive on balance • No loss of customers through crisis in 2009; new customers/orders: VDL Bus, Sensus

7. Smart Metering Calibration Production

8. Product application COACH Wiring harness platform

9. Product application Flight simulator Interactive flight control system

10. Net turnover per market sector

11. Development of results Operating result*(EUR m) Net result* (EUR m) 21,0 14,5 16,7 11,2 1,4 -0,5 -5,5 -5,7 • Restructuring costs of 1,5 m (gross) • Cost-saving measures reduced the drop in the results • Breakeven level (based on net turnover) decreased significantly from 220 m per year-end 2008 to 195 m per year-end 2009 • Operational result in the 4th quarter slightly positive * 2008 / 2009 incl. extraordinary expenses

12. Development operating margin • Unprecedented drop in demand due to the economic crisis • Causes strong underoccupancy • Demands strong decrease of cost base 7% • Increase in turnover is most important driver for EBIT-margin recovery 2007 2008 H1 2009 2009 2006 * Excluding exception charges

13. Potential improvements operating margin • Better occupancy • Decrease of cost structure • Suppliers reduction / preferred suppliership • Extension of component purchase in Asia • Expanding capacity Slovakia / China in people and resources (SMD-capacity / test equipment) • Growth of development and engineering activities and prototyping • Increase of intercompany deliveries by strengthening one-stop-providership / internal cooperation • Growth in defence orders  higher added value and more stability in turnover

14. Balance sheet Solvency ratio* • Decrease in shareholders’ equity (-12%) caused by realized loss • Decrease in balance sheet total (-10%) by strong decrease in inventory and limited investments • Solvency adjusted for deferred tax and goodwill 41,5% (year-end 2008: 43.7%) • shareholders’ equity / total equity • 2008/2009: guaranteed equity = total shareholders’ equity

15. Working capital • Higher turnover rate of inventory due to recovery of demand • Strong decrease of working capital utilisation in 2nd half of the year

16. Cash flow • Strong decrease working capital 2nd half 2009 • Modern machinery; low investment level • New production facility Neways Wuxi in China Net cash flow (EUR m)

17. (Bank)debts (EUR m)

18. Human resources • Knowledge component more and more important • Strong reduction of flexible workforce buffer • Fixed employee redundancies • Number of employees per year-end decreased by 9% van 1.946 to 1.772 (174 FTEs) • Approx 40% of total number of employees working in Eastern-Europe and Asia Average number of employees 2247 2168 2097 1783 1772 *of which hired 212 306 151 58 96

19. Data per share EUR 2009 2008 2007 Operating result -0,57 0,14 2,26 Net result -0,59 -0,05 1,56 Dividend - - 0,47 Shareholders’ equity 4,20 4,79 5,26 Number of outstanding shares (x 1.000year-end) 9.644 9.644 9.299

20. EMS - markttrends • International development / increase in outsourcing by OEMs (extra through the economic recession) • Offering more added value; demand for life cycle management and earlier involvement in development (one-stop-providership) • Shorter product life cycle • Flexibility versus efficiency and cost reduction • More and more production in low-wage countries (Eastern Europe / China) • Increasing transparancy due to modern communication media / globalisation • Growing demand for SMOI (Supplier Managed Owned Inventory) • Further intensifying of partnerships / customer relations – importance of being close to the customer (Western-Europe)

21. Long term strategy • Realization of organic growth, supplemented by suitable acquisitions • Expansion of one-stop-provider concept / increase in added value • Strenghtening of development side and systems assembly • Expansion of Electronic Mechanical Repair (EMR) activities • More balanced spread of activities over market segments aimed at more stable turnover- and yield development • Medical sector • Defence market • Improvement in efficiency • Optimalisation production outsourcing to Eastern-Europe and China (own facilities) • Suppliers reduction/ better use of purchase advantages • Ongoing new cost control initiatives

22. Starting position and points of interest 2010 • Despite loss in a very challenging year 2009 the company is stable • No loss of customers in difficult times • Balance ratios / solvence strong • Modern production facilities / equipment • Break-even level strongly lowered by reduction of personnel and costs • Integration NEA / NIS completed • Extension of capacity in Asia (Neways Wuxi) • Start prepartion implementation new ERP system • Order portfolio significantly better • Semiconductor / automotive • VDL Bus as a new customer • Acquisition Sensus Ludwigshafen system assembly activities • Increase of overall number of tenders • Limited recruitment of personnel • But: Cost savings and working capital management continue to be key focal points

23. Outlook 2009 • Clear recovery in semiconductor sector • Other market sectors still volatile, but as from September 2009 positive on balance • Development turnover and result in first two months 2010 in line with Q4 2009 • Further increase of order portfolio in the first two months of 2010 • Still too early to give a forecast for the total year 2010; worldwide economic developments still too uncertain