Bernin, on November 4, 2025 INFORMATION RELATING TO THE TOTAL NUMBER OF VOTING RIGHTS AND SHARES FORMING THE SHARE CAPITAL (Article L. 233-8 II of the French Commercial Code and article 223-16 of the General Regulation of the French financial markets authority (AMF)) Corporate name and address of the company: SOITECParc Technologique des Fontaines - Chemin des Franques 38190 Bernin (FRANCE) Statement date Total number of shares forming the share capital Total number of voting rights 10/31/2025 35, ...

Exhibit 99.1 Solaris Energy Infrastructure Announces Third Quarter 2025 Results, Updated Earnings Guidance, Continued Shareholder Returns, and Power Solutions Growth Update HOUSTON, Texas, November 3, 2025 — (BUSINESS WIRE) — Solaris Energy Infrastructure, Inc. (NYSE:SEI) ("Solaris" or the "Company"), today announced third quarter 2025 financial and operational results and provided updated earnings guidance. Third Quarter 2025 Summary Results and Key Updates CEO Commentary "Solaris continues to demonstrate ...

Core Insights - Soitec and CEA are collaborating to enhance automotive cybersecurity through advanced Fully Depleted Silicon-on-Insulator (FD-SOI) technology, addressing the increasing vulnerabilities in modern vehicles as they become more software-defined and connected [1][2]. Technology and Security - FD-SOI substrates provide intrinsic protection against fault injection attacks, which are recognized as a significant risk by automotive cybersecurity standards such as ISO/SAE 21434 [2]. - Fault injection attacks can disrupt a chip's normal operation, allowing hackers to bypass security checks and access protected data [3]. - Laser Fault Injection (LFI) is highlighted as a precise attack method that targets chip vulnerabilities at a sub-micron and sub-nanosecond scale, which can be exploited against vehicles [4]. Research Findings - Research conducted at CEA-Leti laboratories shows that FD-SOI technology requires up to 150 times more effort and higher laser power to induce faults compared to traditional 28-nanometer bulk silicon, thereby increasing the complexity and cost of potential attacks [5]. - The resilience of FD-SOI supports compliance with emerging automotive cybersecurity standards, including the need for a secure "reference chip" for vehicle software encryption codes [6]. Future Innovations - Future developments in substrate technology, such as buried optical barriers and integrated sensors, could further enhance the security capabilities of semiconductor wafers [6]. Company Profiles - Soitec, a leader in innovative semiconductor materials, reported sales of €0.9 billion in the fiscal year 2024-2025 and focuses on three main markets: Mobile Communications, Automotive and Industrial, and Edge and Cloud AI [10]. - CEA is a public research body that aids policymakers and provides scientific tools to address societal changes related to digital and energy transitions, healthcare, and security [9].

Group 1 - Soitec is a global leader in innovative semiconductor materials, focusing on technological performance and energy efficiency for over 30 years [2] - The company generated sales of €0.9 billion in the fiscal year 2024-2025 [2] - Soitec serves three main strategic markets: Mobile Communications, Automotive and Industrial, and Edge and Cloud AI [2] Group 2 - As of September 30, 2025, Soitec has a total of 35,772,015 ordinary shares with a par value of €2.00 each [3] - The total number of theoretical (gross) voting rights is 45,786,344, while the total number of exercisable (net) voting rights is 45,705,949 [1][3] - The company employs over 2,200 individuals from 50 different nationalities across its sites in Europe, the United States, and Asia [2]

Sirios Completes Access Road Upgrades at Cheechoo Gold Project in Eeyou Istchee James BayOctober 01, 2025 9:00 AM EDT | Source: Sirios Resources Inc.Montreal, Quebec--(Newsfile Corp. - October 1, 2025) - SIRIOS RESOURCES INC. (TSXV: SOI) (OTCQB: SIREF) ("Sirios") is pleased to announce the successful completion of upgrades to the access road leading to its Cheechoo gold project. The work was executed on time, on budget, and achieved an exemplary safety record. The project was financed equally ...

Core Viewpoint - Soitec has appointed Julie Galland as the new permanent representative of CEA Investissement on its Board of Directors, replacing François Jacq, effective immediately [1][4]. Group 1: Appointment Details - Julie Galland has been serving as the Director of Technological Research at the French Alternative Energies and Atomic Energy Commission (CEA) since January 2023 [2]. - She holds degrees from École polytechnique and has a PhD in Solid-State Physics, bringing expertise in strategic technologies related to national sovereignty, energy transition, and digital technology [2]. Group 2: Previous Experience - Prior to her role at CEA, Galland worked at the Directorate-General for Enterprise (DGE) from 2012 to 2023, focusing on sectors such as semiconductors, health, aerospace, and digital technology [3]. - She led innovation and investment policies, contributing to the structuring of industrial sectors and public policy implementation [3]. Group 3: Company Overview - Soitec is a global leader in innovative semiconductor materials, generating sales of €0.9 billion in the fiscal year 2024-2025 [4]. - The company operates in three main strategic markets: Mobile Communications, Automotive and Industrial, and Edge and Cloud AI, employing over 2,200 people from 50 different nationalities [4]. - Soitec has registered nearly 4,300 patents, highlighting its commitment to technological performance and energy efficiency [4].

Core Points - Pierre Barnabé, the CEO of Soitec, has announced his intention to leave the company for personal reasons, with a commitment to remain until March 31, 2026, to ensure a smooth transition [1][2] - The Board of Directors has initiated the process to appoint a new CEO, which will be led by the Compensation, Nominations and Board Governance Committee, considering both internal and external candidates [3] - Frédéric Lissalde, Chairman of the Board, expressed confidence in Barnabé's leadership and the management team's ability to continue implementing the company's strategy during this transition [4] - Barnabé emphasized his commitment to leading Soitec through this period, highlighting the company's progress in diversifying its customer and product base, enhancing innovation, and strengthening its financial structure [5] Company Overview - Soitec is a global leader in innovative semiconductor materials, generating sales of €0.9 billion in the fiscal year 2024-2025 [6] - The company serves three main strategic markets: Mobile Communications, Automotive and Industrial, and Edge and Cloud AI, employing over 2,200 people from 50 different nationalities [6] - Soitec has registered nearly 4,300 patents, indicating a strong focus on innovation and technological advancement [6]

[Cautionary Statement Regarding Forward-Looking Statements](index=4&type=section&id=Cautionary%20Statement%20Regarding%20Forward-Looking%20Statements) This statement highlights inherent risks and uncertainties in forward-looking statements about future business strategy and financial outcomes - The report includes forward-looking statements concerning business strategy, future profitability, capital expenditures, and market impacts, which involve inherent risks, uncertainties, and assumptions[9](index=9&type=chunk) - Key factors that could cause actual results to differ materially include domestic spending levels, access to capital markets (power generation, oil & natural gas), changes in tariffs and trade barriers, geopolitical risks (Russia-Ukraine, Israel-Hamas conflicts), inflationary risks, interest rate increases, supply chain constraints, and the success of the Stateline venture[10](index=10&type=chunk)[12](index=12&type=chunk) [PART I: FINANCIAL INFORMATION](index=9&type=section&id=PART%20I%3A%20FINANCIAL%20INFORMATION) [Item 1. Financial Statements (Unaudited)](index=9&type=section&id=Item%201.%20Financial%20Statements%20(Unaudited)) This section presents unaudited condensed consolidated financial statements, including balance sheets, statements of operations, and cash flows, with comprehensive notes for the periods ended June 30, 2025 and 2024 [Condensed Consolidated Balance Sheets](index=9&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) This section provides a snapshot of the company's assets, liabilities, and equity as of June 30, 2025, and December 31, 2024 Metric (in thousands) | Metric (in thousands) | June 30, 2025 | December 31, 2024 | Change | % Change | | :-------------------- | :------------ | :---------------- | :----- | :------- | | Total Assets | $1,472,730 | $1,122,881 | $349,849 | 31.16% | | Total Liabilities | $692,407 | $456,152 | $236,255 | 51.79% | | Total Stockholders' Equity | $780,323 | $666,729 | $113,594 | 17.04% | - The significant increase in total assets is primarily driven by a substantial rise in equipment held for lease, net, from **$339,932 thousand to $671,741 thousand**, reflecting growth in the Solaris Power Solutions segment[17](index=17&type=chunk) - Total liabilities increased significantly due to higher long-term debt and the introduction of convertible notes, reflecting increased financing activities[17](index=17&type=chunk) [Condensed Consolidated Statements of Operations](index=10&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) This section details the company's revenues, expenses, and net income for the three and six months ended June 30, 2025 and 2024 Metric (in thousands) | Metric (in thousands) | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Change | % Change | | :-------------------- | :------------------------------- | :------------------------------- | :----- | :------- | | Total Revenue | $149,328 | $73,886 | $75,442 | 102.11% | | Operating Income | $35,569 | $11,854 | $23,715 | 200.06% | | Net Income | $24,129 | $9,824 | $14,305 | 145.61% | | Net Income Attributable to Solaris Energy Infrastructure, Inc. | $11,955 | $6,208 | $5,747 | 92.58% | | Basic EPS | $0.30 | $0.20 | $0.10 | 50.00% | | Diluted EPS | $0.30 | $0.20 | $0.10 | 50.00% | Metric (in thousands) | Metric (in thousands) | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | Change | % Change | | :-------------------- | :----------------------------- | :----------------------------- | :----- | :------- | | Total Revenue | $275,660 | $141,776 | $133,884 | 94.43% | | Operating Income | $57,624 | $21,810 | $35,814 | 164.21% | | Net Income | $37,097 | $17,124 | $19,973 | 116.64% | | Net Income Attributable to Solaris Energy Infrastructure, Inc. | $17,275 | $10,525 | $6,750 | 64.13% | | Basic EPS | $0.44 | $0.35 | $0.09 | 25.71% | | Diluted EPS | $0.44 | $0.35 | $0.09 | 25.71% | - Revenue growth was primarily driven by the newly established Solaris Power Solutions segment, which contributed significantly to total revenue in 2025, having no comparable revenue in 2024[19](index=19&type=chunk)[181](index=181&type=chunk) [Condensed Consolidated Statements of Changes in Stockholders' Equity](index=11&type=section&id=Condensed%20Consolidated%20Statements%20of%20Stockholders'%20Equity) This section outlines the changes in the company's stockholders' equity for the six months ended June 30, 2025 - Total stockholders' equity increased from **$666,729 thousand** at December 31, 2024, to **$780,323 thousand** at June 30, 2025, primarily due to capital contributions from non-controlling interest in Stateline (**$86,023 thousand**) and net income (**$24,129 thousand** for Q2 2025)[22](index=22&type=chunk) - The Company exchanged **2,128 thousand** Solaris LLC units and Class B common stock for Class A common stock, increasing Class A common stock and additional paid-in capital while reducing non-controlling interest[22](index=22&type=chunk) Metric (in thousands) | Metric (in thousands) | Six Months Ended June 30, 2025 | | :-------------------- | :----------------------------- | | Stock-based compensation | $5,368 | | Distributions to non-controlling interest unitholders | $(3,237) | | Dividends paid (Class A common stock) | $(4,868) | | Capital contribution from non-controlling interest in Stateline | $86,023 | | Net income | $24,129 | [Condensed Consolidated Statements of Cash Flows](index=13&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) This section summarizes the cash inflows and outflows from operating, investing, and financing activities for the six months ended June 30, 2025 and 2024 Cash Flow Activity (in thousands) | Cash Flow Activity (in thousands) | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | Change | | :-------------------------------- | :----------------------------- | :----------------------------- | :----- | | Net cash provided by operating activities | $49,903 | $35,751 | $14,152 | | Net cash used in investing activities | $(336,999) | $(3,640) | $(333,359) | | Net cash provided by (used in) financing activities | $266,271 | $(32,885) | $299,156 | | Net decrease in cash, cash equivalents and restricted cash | $(20,825) | $(774) | $(20,051) | - The significant increase in cash used in investing activities is primarily due to **$329.5 million** in capital expenditures, largely for the Solaris Power Solutions segment's growth[27](index=27&type=chunk)[46](index=46&type=chunk)[212](index=212&type=chunk) - Financing activities shifted from a net use of cash in 2024 to a substantial net provision of cash in 2025, driven by **$227.0 million** in debt financing and **$86.0 million** in capital contributions from non-controlling interest in Stateline[27](index=27&type=chunk)[213](index=213&type=chunk) [Notes to the Unaudited Condensed Consolidated Financial Statements](index=14&type=section&id=Notes%20to%20the%20Unaudited%20Condensed%20Consolidated%20Financial%20Statements) This section provides detailed explanations and disclosures supporting the unaudited condensed consolidated financial statements [1. Business and Basis of Presentation](index=14&type=section&id=1.%20Business%20and%20Basis%20of%20Presentation) This note describes the company's business operations and the accounting principles used in preparing the financial statements - Solaris Energy Infrastructure, Inc. provides mobile and scalable equipment-based solutions for distributed power generation and raw material management in oil and natural gas wells, serving U.S. markets including energy, data centers, and other commercial/industrial sectors through its Solaris Power Solutions and Solaris Logistics Solutions segments[28](index=28&type=chunk) [2. Variable Interest Entities](index=14&type=section&id=2.%20Variable%20Interest%20Entities) This note explains the company's involvement with variable interest entities, specifically the formation and consolidation of Stateline Power, LLC - On April 28, 2025, Solaris formed Stateline Power, LLC (Stateline) with CTC Property LLC (later assigned to MZX Tech LLC) to provide off-grid power to CTC's data center campus via a long-term equipment rental arrangement[31](index=31&type=chunk)[32](index=32&type=chunk) - Solaris contributed **$8

[Company Overview & Q2 2025 Highlights](index=1&type=section&id=Company%20Overview%20%26%20Q2%202025%20Highlights) Solaris Energy Infrastructure reported strong Q2 2025 results, driven by Power Solutions growth, with the CEO expressing satisfaction [Second Quarter 2025 Highlights](index=1&type=section&id=Second%20Quarter%202025%20Summary%20Results%20and%20Key%20Updates) Solaris Energy Infrastructure announced strong Q2 2025 financial and operational results, driven by Power Solutions growth and substantial free cash flow from Logistics Solutions - Solaris delivered another quarter of **strong results**, executing its strategy of growing the Power Solutions segment while generating substantial free cash flow in the Logistics Solutions segment[3](index=3&type=chunk) - Key activities included expanding the power fleet, meaningfully accelerating power delivery on the initial data center project, welcoming new customers, and installing critical emissions control equipment for multi-year contracts[4](index=4&type=chunk) [CEO Commentary](index=1&type=section&id=CEO%20Commentary) CEO Bill Zartler expressed satisfaction with the company's Q2 2025 performance across financial, operational, and commercial aspects, highlighting strong prospects for continued growth in the Power Solutions segment - CEO Bill Zartler commented on **strong Q2 results**, emphasizing growth in Power Solutions and free cash flow in Logistics Solutions[3](index=3&type=chunk) - Expressed satisfaction with financial, operational, and commercial performance, noting **strong prospects for continued growth** in the Power Solutions segment[4](index=4&type=chunk) [About Solaris Energy Infrastructure, Inc.](index=4&type=section&id=About%20Solaris%20Energy%20Infrastructure%2C%20Inc.) Solaris Energy Infrastructure, Inc. (NYSE:SEI) provides mobile and scalable equipment-based solutions for distributed power generation and raw material management in oil and natural gas wells, serving diverse U.S. end markets including energy, data centers, and other commercial and industrial sectors - Solaris Energy Infrastructure, Inc. provides mobile and scalable equipment-based solutions for distributed power generation and raw material management in oil and natural gas wells[13](index=13&type=chunk) - The company serves multiple U.S. end markets, including energy, data centers, and other commercial and industrial sectors[13](index=13&type=chunk) [Segment Performance](index=1&type=section&id=Segment%20Performance) The Power Solutions segment showed significant growth in Q2 2025, while Logistics Solutions experienced a decline due to lower activity and commodity prices [Solaris Power Solutions](index=1&type=section&id=Solaris%20Power%20Solutions) The Power Solutions segment demonstrated strong sequential growth in Q2 2025, with revenue increasing 53% to $76 million and Segment Adjusted EBITDA rising 43% to $46 million, driven by increased capacity and accelerated project delivery. The segment also increased its Q3 2025 Adjusted EBITDA guidance and approved a $0.12 per share dividend Solaris Power Solutions Q2 2025 Performance (Sequential) | Metric | Q2 2025 | Q1 2025 | Change (QoQ) | | :----------------------------------- | :-------- | :-------- | :----------- | | Revenue | $76 million | $49.4 million | +53% | | Segment Adjusted EBITDA | $46 million | $31.9 million | +43% | | Average MW of capacity earning revenue | ~600 MW | ~390 MW | +53.8% | - Increased third quarter 2025 Adjusted EBITDA guidance to **$58-63 million** from previous $55-60 million, and established fourth quarter 2025 Adjusted EBITDA guidance in-line with third quarter at **$58-63 million**[6](index=6&type=chunk) - Closed **$155 million** of 4.75% senior convertible notes and the Stateline JV closed a **$550 million** senior secured loan facility, with an initial draw of **$72 million**[6](index=6&type=chunk) - Approved third quarter 2025 dividend of **$0.12 per share**, representing Solaris' 28th consecutive dividend[6](index=6&type=chunk) [Solaris Logistics Solutions](index=3&type=section&id=Solaris%20Logistics%20Solutions) The Logistics Solutions segment experienced a sequential decline in Q2 2025, with revenue decreasing 4% to $74 million and Segment Adjusted EBITDA falling 13% to $23 million, primarily due to a 4% reduction in fully utilized systems amidst lower commodity prices Solaris Logistics Solutions Q2 2025 Performance (Sequential) | Metric | Q2 2025 | Q1 2025 | Change (QoQ) | | :----------------------------------- | :-------- | :-------- | :----------- | | Revenue | $74 million | $77 million | -4% | | Segment Adjusted EBITDA | $23 million | $26 million | -13% | | Fully utilized systems | 94 | 98 | -4% | - The decline in activity and profitability was primarily due to the decrease in fully-utilized system count and higher fixed cost absorption amidst lower commodity prices[9](index=9&type=chunk) [Consolidated Financial Statements](index=5&type=section&id=Consolidated%20Financial%20Statements) Solaris reported strong year-over-year growth in Q2 2025 consolidated revenue and net income, with detailed segment performance and cash/debt figures [Consolidated Statements of Operations](index=5&type=section&id=CONSOLIDATED%20STATEMENTS%20OF%20OPERATIONS) Solaris Energy Infrastructure reported significant year-over-year growth in total revenue, operating income, and net income for both the second quarter and the first six months of 2025, reflecting strong overall financial performance Consolidated Statements of Operations (Three Months Ended June 30, 2025 vs 2024) | Metric | Q2 2025 (in thousands) | Q2 2024 (in thousands) | Change (YoY) | | :----------------------------------- | :--------------------- | :--------------------- | :----------- | | Total revenue | $149,328 | $73,886 | +102.1% | | Operating income | $35,569 | $11,854 | +200.1% | | Net income | $24,129 | $9,824 | +145.6% | | Net income attributable to Solaris Energy Infrastructure, Inc. | $11,955 | $6,208 | +92.6% | | Earnings per share of Class A common stock - diluted | $0.30 | $0.20 | +50.0% | Consolidated Statements of Operations (Six Months Ended June 30, 2025 vs 2024) | Metric | H1 2025 (in thousands) | H1 2024 (in thousands) | Change (YoY) | | :----------------------------------- | :--------------------- | :--------------------- | :----------- | | Total revenue | $275,660 | $141,776 | +94.4% | | Operating income | $57,624 | $21,810 | +164.2% | | Net income | $37,097 | $17,124 | +116.6% | | Net income attributable to Solaris Energy Infrastructure, Inc. | $17,275 | $10,525 | +64.1% | | Earnings per share of Class A common stock - diluted | $0.44 | $0.35 | +25.7% | [Segment Reporting](index=6&type=section&id=SEGMENT%20REPORTING) Solaris' segment reporting details the financial performance of its Power Solutions and Logistics Solutions segments. In Q2 2025, Power Solutions generated $75.6 million in revenue and $45.7 million in Adjusted EBITDA, while Logistics Solutions contributed $73.7 million in revenue and $22.7 million in Adjusted EBITDA. Capital expenditures were significantly higher for Power Solutions, reflecting its growth strategy - Solaris evaluates the performance of its two distinct business segments, Power Solutions and Logistics Solutions, based on Adjusted EBITDA[19](index=19&type=chunk) Segment Financial Information (Three Months Ended June 30, 2025) | Metric | Solaris Power Solutions (in thousands) | Solaris Logistics Solutions (in thousands) | Corporate and other (in thousands) | Total (in thousands) | | :-------------------- | :------------------------------------- | :--------------------------------------- | :--------------------------------- | :------------------- | | Revenue | $75,625 | $73,703 | - | $149,328 | | Adjusted EBITDA | $45,657 | $22,714 | $(7,764) | $60,607 | | Capital expenditures | $183,510 | $1,491 | $123 | $185,124 | Segment Financial Information (Six Months Ended June 30, 2025) | Metric | Solaris Power Solutions (in thousands) | Solaris Logistics Solutions (in thousands) | Corporate and other (in thousands) | Total (in thousands) | | :-------------------- | :------------------------------------- | :--------------------------------------- | :--------------------------------- | :------------------- | | Revenue | $125,000 | $150,660 | - | $275,660 | | Adjusted EBITDA | $77,562 | $48,688 | $(18,762) | $107,488 | | Capital expenditures | $325,588 | $3,693 | $173 | $329,454 | [Cash and Debt Attributable to Solaris](index=9&type=section&id=CASH%20AND%20DEBT%20ATTRIBUTABLE%20TO%20SOLARIS) As of June 30, 2025, Solaris reported consolidated cash of $139 million and consolidated total debt of $535 million. After accounting for the non-controlling interest in Stateline JV, cash attributable to Solaris was $119 million and debt attributable to Solaris was $500 million Cash and Debt Attributable to Solaris (June 30, 2025 vs December 31, 2024) | Metric | June 30, 2025 (in thousands) | December 31, 2024 (in thousands) | | :------------------------------------------------- | :----------------------------- | :------------------------------- | | Consolidated cash | $139,042 | $159,867 | | Cash and cash equivalents and restricted cash attributable to Solaris | $118,711 | $159,867 | | Consolidated debt and convertible notes | $535,499 | $315,730 | | Debt attributable to Solaris | $499,978 | $315,730 | [Non-GAAP Financial Measures & Reconciliations](index=4&type=section&id=Non-GAAP%20Financial%20Measures%20%26%20Reconciliations) Solaris uses non-GAAP measures like Adjusted EBITDA and Adjusted Pro Forma Net Income to provide insights into core operating results and facilitate period-over-period comparisons [About Non-GAAP Measures](index=4&type=section&id=About%20Non-GAAP%20Measures) Solaris utilizes non-GAAP financial measures such as EBITDA, Adjusted EBITDA, Adjusted pro forma net income, and Adjusted pro forma earnings per fully diluted share to provide investors with insights into core operating results and facilitate period-over-period comparisons, emphasizing their supplemental nature to GAAP measures - Management believes non-GAAP financial measures (EBITDA, Adjusted EBITDA, Adjusted pro forma net income, Adjusted pro forma EPS) provide useful information by reflecting core operating results and facilitating comparisons across periods[12](index=12&type=chunk) - These non-GAAP measures should be considered in addition to, not as a substitute for or superior to, other measures of financial performance prepared in accordance with GAAP[12](index=12&type=chunk) [EBITDA and Adjusted EBITDA Reconciliation](index=7&type=section&id=EBITDA%20AND%20ADJUSTED%20EBITDA) Solaris defines EBITDA as net income adjusted for depreciation, interest, and income tax expense, and Adjusted EBITDA further includes stock-based compensation and certain non-cash or non-recurring items. For Q2 2025, Total Adjusted EBITDA was $60.6 million, and Adjusted EBITDA attributable to Solaris was $62.2 million - EBITDA is defined as net income plus depreciation and amortization expense, interest expense, and income tax expense[26](index=26&type=chunk) - Adjusted EBITDA is defined as EBITDA plus stock-based compensation expense and certain non-cash items and extraordinary, unusual or non-recurring gains, losses or expenses[26](index=26&type=chunk) EBITDA and Adjusted EBITDA (Three Months Ended June 30, 2025 vs 2024) | Metric | Q2 2025 (in thousands) | Q2 2024 (in thousands) | | :----------------------------------- | :--------------------- | :--------------------- | | Net income | $24,129 | $9,824 | | EBITDA | $53,946 | $21,419 | | Total Adjusted EBITDA | $60,607 | $20,797 | | Adjusted EBITDA attributable to Solaris | $62,237 | $20,797 | [Adjusted Pro Forma Net Income and EPS Reconciliation](index=9&type=section&id=ADJUSTED%20PRO%20FORMA%20NET%20INCOME%20AND%20ADJUSTED%20PRO%20FORMA%20EARNINGS%20PER%20FULLY%20DILUTED%20SHARE) Adjusted pro forma net income assumes the full exchange of all outstanding LLC interests for Class A common stock, adjusted for non-recurring items, to facilitate comparisons. For Q2 2025, Adjusted pro forma net income was $24.6 million, resulting in Adjusted pro forma earnings per fully diluted share of $0.34 - Adjusted pro forma net income represents net income attributable to Solaris assuming the full exchange of all outstanding membership interests in Solaris Energy Infrastructure, LLC for shares of Class A common stock, adjusted for certain non-recurring items[32](index=32&type=chunk) - Adjusted pro forma earnings per fully diluted share is calculated by dividing adjusted pro forma net income by the weighted-average shares of Class A common stock outstanding, assuming the full exchange of all outstanding units of Solaris LLC[32](index=32&type=chunk) Adjusted Pro Forma Net Income and EPS (Three Months Ended June 30, 2025 vs 2024) | Metric | Q2 2025 (in thousands, except per share) | Q2 2024 (in thousands, except per share) | | :------------------------------------------------- | :--------------------------------------- | :--------------------------------------- | | Net income attributable to Solaris | $11,955 | $6,208 | | Adjusted pro forma net income | $24,634 | $5,965 | | Adjusted pro forma earnings per share - diluted | $0.34 | $0.13 | [Additional Information](index=4&type=section&id=Additional%20Information) This section provides details for the Q2 2025 conference call, outlines forward-looking statement disclaimers, and lists investor relations contacts [Conference Call Details](index=4&type=section&id=Conference%20Call) Solaris will host a conference call on Thursday, July 24, 2025, at 8:00 a.m. Central Time to discuss its second quarter 2025 results, with dial-in and live webcast options available, and an audio replay accessible for approximately seven days - A conference call to discuss second quarter 2025 results is scheduled for **Thursday, July 24, 2025, at 8:00 a.m. Central Time**[10](index=10&type=chunk) - Participants can join via dial-in or live webcast, with an audio replay available for approximately seven days after the call[10](index=10&type=chunk)[11](index=11&type=chunk) [Forward-Looking Statements](index=4&type=section&id=Forward%20Looking%20Statements) This press release contains forward-looking statements regarding business strategy, future profitability, and industry conditions, which are inherently subject to uncertainties and risks detailed in SEC filings, and actual results may differ materially from expectations. The company disclaims any obligation to update these statements unless legally required - The press release contains forward-looking statements regarding business strategy, future profitability, industry, and economic conditions, subject to inherent uncertainties, risks, and changes in circumstances[14](index=14&type=chunk) - Actual results may differ materially from those contemplated by forward-looking statements, as detailed in the company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the SEC[14](index=14&type=chunk) - The company undertakes no obligation to publicly update or revise any forward-looking statement, except as may be required by law[14](index=14&type=chunk) [Contacts](index=10&type=section&id=Contacts) Contact information for investor relations is provided for inquiries - Yvonne Fletcher, Senior Vice President, Finance and Investor Relations, is the contact for inquiries[36](index=36&type=chunk)

Core Viewpoint - Soitec reported a consolidated revenue of 92 million Euros for Q1 FY'26, reflecting a 24% decline compared to 121 million Euros in Q1 FY'25, driven by a combination of organic decline, currency impacts, and divestment effects [2][3][6]. Financial Performance - Q1 FY'26 revenue breakdown: - Mobile Communications: 43 million Euros, down 12% reported and 7% organic [6][7]. - Automotive & Industrial: 5 million Euros, down 82% reported and 81% organic [6][11]. - Edge & Cloud AI: 44 million Euros, down 4% reported but up 13% organic [6][13]. - Overall revenue for Q1 FY'26 was 92 million Euros, down 24% reported and 16% organic [6][7]. Market Dynamics - The decline in revenue is attributed to ongoing RF-SOI inventory corrections among customers, a weak automotive market, and the phase-out of Imager-SOI [3][7]. - Despite the challenges, the Edge & Cloud AI division continues to show strong growth, supported by increased demand for FD-SOI and Photonics-SOI technologies [3][14][15]. Future Outlook - Q2 FY'26 revenue is expected to grow around 50% compared to Q1 FY'26 on an organic basis, with a less pronounced impact from the phase-out of Imager-SOI [4][16]. - Mobile Communications revenue is anticipated to remain low due to ongoing inventory corrections, while Automotive & Industrial revenue is expected to decline sharply [17]. Strategic Initiatives - The company is focusing on diversifying its end-market exposure and customer base, as well as expanding its product portfolio across SOI and compound semiconductors [5][19]. - Soitec has successfully issued a 200 million Euros Schuldschein loan to refinance existing debt and support corporate purposes, indicating strong investor confidence [19][20][21]. Collaborations and Innovations - Soitec announced a collaboration with PSMC for ultra-thin TLT technology aimed at advanced 3D chip stacking, enhancing its position in next-generation semiconductor designs [22]. - A strategic partnership with CEA-Leti was established to leverage FD-SOI technology for enhanced security in integrated circuits, addressing cybersecurity demands in critical markets [23].