AEM Holdings Ltd.

Annual Report 2022

C O N T E N T S

Testing Innovation

AEM is a global leader in test innovation. We provide the most comprehensive semiconductor and electronics test solutions based on the best-in-class technologies, processes, and customer support.

We deliver customised, and application- specific solutions to meet our customers' needs. With full-stack test capabilities for advanced engineering to high-volume manufacturing, we provide innovative test solutions to drive successful customer outcomes in innovation. We set ourselves to redefine test through our Test Cell Solutions Business and Instrumentation Business.

We innovate test to test innovation, providing leading-edge engineering solutions to meet the demands of fast- moving industries. With customer intimacy at our core, we build strong partnerships with our customers through our global network, tailoring solutions and delivering services that meet their needs. Beyond our leading-edge test innovation, we take pride in building strong partnerships with our customers and catering to the demands of an ever-evolving advanced manufacturing landscape.

AEM has a global presence across Asia, Europe, and the Americas. Our R&D centers are crucial in innovating and advancing our in-house engineering capabilities to deliver technologies and solutions for the next generation of semiconductor testing needs. AEM's R&D centers are situated in Singapore, Malaysia, Finland, France, and the US.

With manufacturing plants located in Singapore, Malaysia (Penang), Indonesia (Batam), Vietnam (Ho Chi Minh City), China (Suzhou), and Finland (Lieto), and a global network of engineering support, sales offices, associates, and distributors, we offer our customers a robust and resilient ecosystem of test innovation and support.

AEM Holdings Ltd. is listed on the Mainboard of the Singapore Exchange (Reuters: AEM. SI; Bloomberg: AEM: SP).

  1. Vision & Mission
  1. Global Footprint
  1. At A Glance
  1. Non-ExecutiveChairman Message
  1. Chief Executive Officer Message
  1. Staying Ahead of the Test 2.0 Curve by President (AEM International)

& Chief Technology Officer

18 Advancing the Shift Towards Test 2.0 by Senior Vice-President & General Manager, Instrumentation

Annual Report 2022

www.aem.com.sg

AEM Holdings Ltd .

20

Board of Directors

42

Financial Highlights

22

Management

44

Management Discussion and Analysis

24

Sustainability at AEM

47

Corporate Information

26 Accolades

28

Driving Our Success

50

Corporate Governance

30

Driving Our Innovation

73

Directors' Statement

32

2022 Highlights

78

Independent Auditors' Report

36

Students Today,

81

Financial Statements

Engineers Tomorrow

141

Statistics of Shareholdings

38

Our T

143

Notice of Annual General Meeting

148

Additional Information on

Directors Seeking Re-election

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Annual Report 2022

1

V I S I O N & M I S S I O N

Our Vision for the Future

2

Annual Report 2022

www.aem.com.sg

AEM Holdings Ltd .

As technology rapidly progresses and integrates with every aspect of how the world works, testing becomes crucial to mitigate the exponential risk created and to fully realise the possibilities of technological advancement.

Mission Statement

To provide the most comprehensive semiconductor and electronics test solutions based on the best-in- class technologies, processes, and customer support.

Our Values

An Innovative organisation is a

Resilient one.

Customer & Employee Intimacy for a unified organisation.

Agility and Operational Excellence for a strong execution.

Ethical & Trustworthy.

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Annual Report 2022

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Disclaimer

AEM Holdings Ltd. published this content on 10 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 April 2023 03:25:00 UTC.