After a successful fiscal year, Infineon raises its through-cycle target for the Segment Result Margin to 17 percent

Q4 FY 2016: Revenue €1,675 million; Segment Result €280 million; Segment Result Margin 16.7 percent; earnings per share €0.20 (basic and diluted); adjusted earnings per share €0.21 (diluted) Outlook for Q1 FY 2017: Quarter-on-quarter revenue decrease of 4 percent (plus or minus 2 percentage points) due to seasonality, with Segment Result Margin of 14 percent at mid-point of revenue guidance Outlook for FY 2017: Based on an assumed exchange rate of US$1.10 to the euro, year-on-year revenue growth of around 6 percent (plus or minus 2 percentage points) and Segment Result Margin of 16 percent at mid-point of revenue guidance Neubiberg, Germany, November 23, 2016 – Infineon Technologies AG today reported results for the fourth quarter and the 2016 fiscal year, both ended September 30, 2016. “Infineon has completed another successful fiscal year – with above-average revenue growth and a respectable improvement in earnings”, stated Dr. Reinhard Ploss, CEO of Infineon. “We are strategically well positioned with our solutions for electro-mobility, autonomous driving, renewable energy generation and the efficient use of electric power. Infineon will again grow faster than the market in the current fiscal year.” Full version of this press release (incl. financial data) LIVE: Annual Press Conference about 2016 Fiscal Fourth Quarter and Fiscal Year Results Start: 11.00 AM (CET) / 10.00 AM (UK) / 5.00 AM (EST) Open Webcast

About Infineon Infineon Technologies AG is a world leader in semiconductor solutions that make life easier, safer and greener. Microelectronics from Infineon is the key to a better future. In the 2015 fiscal year (ending September 30), the company reported sales of about Euro 5.8 billion with some 35,400 employees worldwide. Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY). Further information is available at www.infineon.com This press release is available online at www.infineon.com/press   Follow us: twitter.com/Infineon – facebook.com/Infineon – plus.google.com/+Infineon