Participation in Technology Jan van Duren 13 maart

  • Slides: 20
Download presentation
Participation in Technology Jan van Duren 13 maart, 2014

Participation in Technology Jan van Duren 13 maart, 2014

World-class R&D Company (> 5, 000 employees) ASML (semiconductors) Lundbeck (pharma) R&D per employee

World-class R&D Company (> 5, 000 employees) ASML (semiconductors) Lundbeck (pharma) R&D per employee (€) 78, 000 71, 700 Porsche (automotive) UBIsoft Entertainment (software) Boehringer Ingelheim (pharma) 58, 100 54, 400 53, 300 Astra. Zeneca (pharma) 48, 400 Sanofi-Aventis (pharma) Glaxo. Smith. Kline (pharma) Merck (pharma) 43, 600 41, 300 40, 900 Source: European Commission: 2010 EU Industrial R&D Investment Scoreboard Slide 4 |

Open Innovation makes complexity and cost manageable Public Slide 5 Customers Suppliers Technology partners

Open Innovation makes complexity and cost manageable Public Slide 5 Customers Suppliers Technology partners Academia

A market of 12 large ASML customers Public Slide 6 Source: Gartner, Q 4

A market of 12 large ASML customers Public Slide 6 Source: Gartner, Q 4 2013 Company 2013 semi capex (estimate, $M) Intel 10, 500 TSMC Group 9, 750 Samsung 9, 500 Global. Foundries 4, 000 SK Hynix 2, 730 Toshiba (incl. San. Disk) 2, 580 Micron Technology 1, 800 United Microelectronics Group 1, 500 SMIC 805 Infineon 640 Sony 617 STMicroelectronics 500 3 major clients hold 25% of the ASML shares (without voting rights)

Interconnected Dependency Interconnected Participation

Interconnected Dependency Interconnected Participation

. . . the stairway to heaven… Slide 9 |

. . . the stairway to heaven… Slide 9 |

Slide 10 |

Slide 10 |

ASML Employee Participation Plans Confidential Slide 11 Employee Share Ownership Plans • Bo. M,

ASML Employee Participation Plans Confidential Slide 11 Employee Share Ownership Plans • Bo. M, Management and Employees • 10% of Employees – Up to Euro 12, 000 Employee Share Purchase Plans • Management and Employees • Max 10% of Base salary; Premium 20% Employee Profit Sharing Plans • Employees • Max 20% of Base Salary

ASML Share Ownership Plan for Employees Incentive Shares Slide 12 Conditions employees (non management)

ASML Share Ownership Plan for Employees Incentive Shares Slide 12 Conditions employees (non management) Discretionary grant of shares Recognition and retention 10% of employees nominated Value up to Euro 12, 000 (~ 10% to 15% of Base) 1 year service condition to vesting Year Confidential Shares Value Granted Per Part. 2009 110, 000 220 2. 2 mio 4, 500 2010 132, 500 240 2. 7 mio 4, 800 2011 152, 500 220 3. 9 mio 5, 600 2012 167, 500 200 6. 0 mio 7, 100 2013 99, 500 100 5. 9 mio 5, 800

ASML Share Purchase Plan for Employees Confidential Ordinary Shares Slide 13 Conditions (excluding Board

ASML Share Purchase Plan for Employees Confidential Ordinary Shares Slide 13 Conditions (excluding Board of Management) Buy shares from Net Income (broadly defined) Max value of 10% (net) of gross base salary After 1 year 20% premium (gross) on acquired value Premium only when in service and in possession Swop to options possible (Black & Scholes, 10 year) Year Participants Shares Acquired Invested Value ASML Premium 2011 ~ 1, 000* 110, 000 2. 7 mio 530, 000 2012 1, 118 50, 000 2. 3 mio 470, 000 2013 1, 095 60, 000 3. 4 mio 690, 000 * Estimation of unique participants Participation Netherlands 16% Europe 14% USA 21% Asia 11%

ASML Share Price in 15 years: 1999 - 2014 Public Slide 14 |

ASML Share Price in 15 years: 1999 - 2014 Public Slide 14 |

ASML Profit Sharing Plan for Employees Year Pay Out 2005 8% 2006 12% 2007

ASML Profit Sharing Plan for Employees Year Pay Out 2005 8% 2006 12% 2007 14% 2008 6% 2009 0% 2010 18% 2011 20% 2012 18% 2013 14%

Participation: How about Influence? Als iedere medewerker van ASML aandelen zou hebben in het

Participation: How about Influence? Als iedere medewerker van ASML aandelen zou hebben in het bedrijf ter waarde van twee keer zijn bruto jaarinkomen……. . dan zouden alle medewerkers samen in totaal 3% van de aandelen van ASML bezitten

Participation in Influence v Job v Work Meetings v Professional Culture v Speak Up

Participation in Influence v Job v Work Meetings v Professional Culture v Speak Up v Take Charge v People Survey (Me@ASML) v Works Council v Labor Unions v Shareholder Vote

Flexibilisering Arbeidsmarkt ?

Flexibilisering Arbeidsmarkt ?

Success factors participation plans: chicken and egg Confidential Slide 19 Trust Connection Believe

Success factors participation plans: chicken and egg Confidential Slide 19 Trust Connection Believe

Participate in ASML, Participate in Yourself

Participate in ASML, Participate in Yourself