Compal — Interim / Quarterly Report 2021

May 24, 2021

==> picture [720 x 300] intentionally omitted <==

Compal Electronics, Inc. 1Q21 Consolidated Financial Results

==> picture [35 x 22] intentionally omitted <==

May 12, 2021

Save the earth…Please print out only when necessary

==> picture [112 x 27] intentionally omitted <==

==> picture [114 x 29] intentionally omitted <==

Safe Harbor Notice

Except for historical information contained herein, the matters set forth in this presentation are forward looking statements that are subject to risks and uncertainties that could cause actual results to differ materially. These forward looking statements are not based on historical facts but rather on management’s expectations regarding future growth, results of operations, performance, future capital and other expenditures, competitive advantages, business prospects and opportunities. Statements in this presentation about our future plans and intentions, results, level of activities, performance, goals or achievements or other future events constitute forward looking statements. Wherever possible, words such as “anticipate”, “believe”, “expect”, “may”, “could”, “will”, “potential”, “intend”, “estimate”, “should”, “plan”, “predict”, or the negative or other variations of statements reflect management’s current beliefs and assumptions and are based on the information currently available to our management.

Investors are cautioned not to place undue reliance on these forward looking statements, which are made as of the date of this presentation, and we assume no obligation to update or revise any forward looking statements.

2

==> picture [112 x 27] intentionally omitted <==

==> picture [114 x 29] intentionally omitted <==

1Q21 Income Statements

NT$ Million		1Q 2021	1Q 2021		4Q 2020	4Q 2020		1Q 2020	1Q 2020	QoQ	YoY
Net Sales		269,992	100.0%		333,987	100.0%		182,047	100.0%	-19%	48%
Gross Margin		9,602	3.6%		12,250	3.7%		5,946	3.3%	-22%	61%
OperatingExp		6,327	2.3%		7,096	2.1%		5,040	2.8%
Operating Margin		3,275	1.2%		5,154	1.5%		906	0.5%	-36%	261%
Non-OperatingItems		394	0.1%		823	0.2%		183	0.1%
Pre-Tax Income		3,669	1.4%		5,977	1.8%		1,089	0.6%	-39%	237%
Income Tax		760	0.3%		1,082	0.3%		318	0.2%
Net Income		2,909	1.1%		4,895	1.5%		771	0.4%
Net Income to Parent		2,620	1.0%		4,582	1.4%		605	0.3%	-43%	333%
Minority		289	0.1%		313	0.1%		166	0.1%
EPS(NT$)		0.60			1.05			0.14

3

Note: All figures in million of NT$ except for earnings per share; Financial data is IFRS adoption

==> picture [112 x 27] intentionally omitted <==

==> picture [114 x 29] intentionally omitted <==

Non-Operating Breakdown

NT$ Million	1Q 2021	1Q 2021	4Q 2020	4Q 2020	1Q 2020	1Q 2020
Interest Income (Exp), net		228		137		96
Investment Gain (Loss), net		95		110		109
FX Gain (Loss) , net		13		464		-85
Others		58		112		63
Non-Operating Gain (Loss)		394		823		183

4

Note: All figures in million of NT$ except for earnings per share; Financial data is IFRS adoption

==> picture [112 x 27] intentionally omitted <==

==> picture [114 x 29] intentionally omitted <==

1Q21 Balance Sheets

NT$ Million		1Q 2021	1Q 2021		4Q 2020	4Q 2020		1Q 2020	1Q 2020
Cash and Cash Equivalents		84,468	19%		89,127	19%		64,247	18%
Account Receivable		215,868	48%		232,210	50%		154,493	44%
Inventories		91,460	21%		96,152	21%		88,010	25%
Current Assets		401,593	90%		424,461	91%		316,195	89%
Total Assets		446,141	100%		466,926	100%		354,938	100%
Accounts Payable		181,794	41%		199,726	43%		142,195	40%
Current Liabilities		319,500	72%		335,525	72%		233,467	66%
Total Liabilities		334,783	75%		350,936	75%		245,746	69%
Shareholders' Equity		111,358	25%		115,990	25%		109,191	31%
BVPS - Parent(NT$)		23.3 $			24.2 $			22.9 $
AR days		73			63			77
Inventorydays		32			27			46
AP days		64			57			74
CCC days		41			34			49

5

Note: All figures in million of NT$ except for book value per share; Financial data is IFRS adoption

==> picture [305 x 133] intentionally omitted <==

Q & A http://www.compal.com Investor@compal.com

==> picture [211 x 162] intentionally omitted <==