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Materion Expands Semiconductor Footprint and Capabilities in Asia Through Key Acquisition

1. Materion is acquiring tantalum manufacturing assets in South Korea. 2. The deal enhances Materion's position in the semiconductor industry. 3. New facility will supply critical materials for high-performance computing and AI. 4. Transaction expected to close within 90 days, pending regulatory review. 5. Acquisition supports Tier I semiconductor customers and expands global reach.

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Why Bullish?

The acquisition enhances MTRN's capabilities and market share in a high-growth sector, as seen in similar past industry acquisitions that led to stock upticks.

How important is it?

The acquisition is significant as it positions MTRN favorably in a growing sector and likely contributes to revenue growth.

Why Long Term?

The strategic investment will bolster MTRN's market position over time, similar to how other companies benefitted long-term from similar expansions.

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- MAYFIELD HEIGHTS, Ohio--(BUSINESS WIRE)--Materion (NYSE: MTRN) announced today that it has agreed to purchase manufacturing assets for tantalum solutions in Dangjin City, South Korea, from Konasol, a Korean manufacturer serving the semiconductor and adjacent markets. This strategic investment expands Materion’s global footprint with a facility in Asia to better serve semiconductor customers in that region. The transaction includes a newly constructed, state-of-the-art facility with specialized equipment used to produce fully finished tantalum sputtering targets. This acquisition strengthens Materion’s position as a leading supplier of tantalum targets, increasing capacity to supply high growth critical deposition materials used in leading-edge semiconductor chips, including those used in high-performance computing and artificial intelligence applications. “Materion has been a strategic partner to the global semiconductor industry for nearly four decades,” said Jugal Vijayvargiya, President and Chief Executive Officer. “The acquisition strengthens our footprint in Asia to support and service global Tier I semiconductor customers and expands our position as a leading global supplier of deposition materials.” The transaction is subject to regulatory review and is expected to close within 90 days. Please refer to our investor presentation at Materion.com/Investors for more information. About Materion Materion Corporation is a global leader in advanced materials solutions for high-performance industries including semiconductor, industrial, aerospace & defense, energy and automotive. With nearly 100 years of expertise in specialty engineered alloy systems, inorganic chemicals and powders, precious and non-precious metals, beryllium and beryllium composites, and precision filters and optical coatings, Materion partners with customers to enable breakthrough solutions that move the world forward. Headquartered in Mayfield Heights, Ohio, the company employs more than 3,000 people worldwide, serving customers in more than 60 countries. More News From Materion Corporation

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