PVA TePla AG

Im Westpark 10-12 35435 Wettenberg Germany

Press Release

Wettenberg, May 22, 2018

CGS GmbH receives the largest order for silicon carbide crystal growing systems so far

PVA Crystal Growing Systems GmbH (CGS GmbH), a wholly-owned subsidiary of PVA TePla AG, Wettenberg, Germany, has received an or-der from the leading European silicon carbide (SiC) wafer manufacturer to supply a medium double-digit number of systems for the serial produc-tion of SiC crystals. SiC crystals are used in the semiconductor industry to produce wafers, which are then processed into high-performance components. Compared to the mainly used semiconductor material sili-con, silicon carbide components are significantly more energy-efficient and temperature-resistant.

"Power electronics is a rapidly growing market worldwide", says Dr.

Mühe,managing director of CGS GmbH. "In particular, e-mobility and the related infrastructure, such as charging stations will need SiC wafers.

The steadily growing photovoltaic market as well as the offshore energy market has great interest in highly efficient components which are used for feeding the solar power into the public power grid. After four years of intensive development work, we can offer our worldwide customers SiC crystal growing systems today which guarantee the best performance as well as the highest reliability and productivity. In the medium term, we

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expect a significant increase in demand from Europe, the US, and espe-cially from China, where e-mobility and the use of solar energy continue to grow strongly."

For further information, please contact:

Dr. Gert Fisahn

Investor Relations PVA TePla AG

Tel.: +49(0)641/68690-400gert.fisahn@pvatepla.comwww.pvatepla.com

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PVA TePla AG published this content on 22 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 May 2018 15:17:08 UTC