FOR IMMEDIATE RELEASE

Basler Reports Business Figures for 2016:

Company Confirms Good Annual Result and Expects Strong Growth in 2017

Sales € 97.5 million (2015: € 85.4 million, +14 %), Incoming orders € 105.4 million (2015: € 83.0 million, +27 %), EBITDA € 18.8 million (2015: € 16.0 million, +17 %), Pre-tax result € 11.4 million (2015: € 9.1 million, +25 %), After-tax result 7.9 million (2015: € 6.2 million, +27 %), Result per share € 2.45 (2015: € 1.94, +26 %), Free cash flow € 8.1 million (2015: € 3.6 million, +125 %), Guidance 2017: Sales € 120 - 130 million, Pre-tax return rate 13 - 15 %

Ahrensburg, 31 March 2017 – Basler AG, the leading global manufacturer of industrial cameras, is presenting today its audited annual report 2016.

In line with the the strategy, in fiscal year 2016, group’s sales increased by 14 % to € 97.5 million (previous year: € 85.4 million). Basler AG grew by approximately 10 percentage points stronger than the German industry for image processing components that is statistically recorded by the VDMA (Verband Deutscher Maschinen- und Anlagenbau, German Engineering Federation) and thus represents a key indicator for the global market development. Therefore, in the elapsed fiscal year, Basler AG again gained market shares and expanded its market leadership.

The pre-tax result amounted to € 11.4 million (previous year: € 9.1 million, +25 %) and the pre-tax rate of return to 12 % (previous year: 11 %). With these results, the upper end of the guidance previously communicated by the company has been achieved. The net result per share increased from € 1.94 to € 2.45.

The cash flow from operational activity amounted to € 16.1 million (previous year: € 12.9 million, +25 %). The free cash flow, calculated as the sum of cash flows from operational activity and investment, reached a value of € 8.1 million (previous year: € 3.6 million,
+125 %).

In 2016, 21 new employees were hired building up staff on the planned moderate level. The focus, however, was on the integration of the numerous new employees hired in 2015 and on the increase in productivity.

Against the background of a positive annual result 2016, the company will propose to this year's shareholders’ meeting the distribution of a dividend of € 0.74 per share. This corresponds to a distribution ration of 30 % of the after-tax result.

After strong incoming orders in the past months – in particular for factory applications in Asia – the Basler group expects sales revenues to increase to € 120 – 130 million in 2017. On the result side, the company plans with a pre-tax return rate of 13 – 15 % depending on the sales development. Given the very high momentum in the sales markets and the limited visibility of the business development in the second half-year, the current range of the sales corridor is relatively broad. The management strives for giving a more precise corridor in the course of the fiscal year.

The complete annual report is available on the website of the company (www.baslerweb.com).

Basler is a leading global manufacturer of digital cameras for industrial and retail applications, medical devices, and traffic systems. Product designs are driven by industry requirements and offer easy integration, compact size, excellent image quality, and a very strong price/performance ratio. Founded in 1988, Basler has more than 25 years of experience in vision technologies. The company employs 500 people at its headquarters in Ahrensburg, Germany, as well as in international subsidiaries and offices in Europe, Asia, and the Americas.

For more information, please contact us at +49 4102 463 500, e-mail us at , or visit us on the web at www.baslerweb.com.

Press Contact:

Gerrit Hörentrup – Communications Specialist

Tel. +49 4102 463 327

Fax +49 4102 463 46 327

Basler AG

An der Strusbek 60-62

22926 Ahrensburg

Germany

www.baslerweb.com