Fiti — Investor Presentation 2023

Dec 13, 2023

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2023 Third Quarter Investor Presentation

Safe Harbor Notice

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 Foxsemicon′s statements of its current expectations are forward looking statements subject to significant risks and uncertainties and actual results may differ materially from those contained in the forward-looking statements.  Except as required by law, we undertake no obligation to update any forwardlooking statements, whether as a result of new information, future events, or otherwise.  No material from these slides may be copied, modified, re-edited, transmitted or used for commercial purposes in any way, except with Foxsemicon’s permission.

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FOXSEMICON INTEGRATED TECHNOLOGY INC.

Agenda

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 Company Profile

 Financial Reports

 Business Performance and Outlook

 Q&A

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Chunan #1,TW(HQ)

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Chunan #2, TW

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Silicon Valley(NPI/SVM

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Jiangsu

Silicon Valley ,USA

Songjiang, CN

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Kunshan, CN

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• ：Operating manufacturing base -Chunan #1&2/ Songjiang/ Kunshan

• ：NPI & SVM base-Silicon Valley, USA

Semiconductor front-end process equipment

Semiconductor automation equipment

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Upstream Mid-stream Downstream Level 5
IC Manufacturing Enterprise
IC Packaging & Testing IC Flexibility Service
(Foundry/Memory)
Level 4
IP Design Factory
/IC Design IC Design
OEM Level 3 Speed Cost
Manufacturing
Equipment Mask Chemicals Inspection & Substrate Frame Lead IC Production Line
equipment Channel
Level 2 Equipment
Level 1 Component
Vertical integration manufacturing services model
Component Module Move Service
Provide integrated solutions
 Critical Components  CVD/PVD/ALD  Semi/Solar/Medical  Refurbish/Repair
 Client-side onsite
Module System Integration
/ Spare Parts
 High Purity/Vacuum  Etch Module  ODM/JDM design Management
 CMP Module Virtual Factory  Equipment
Valve
installation
 Vacuum Chamber  Concurrent System
 Global logistics
 Equipment Body Design Customization Module Intelligence
Goods & Services
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Business Units & Plans

 Wafer process equipment manufacturing (ETCH, ThinFilm, CMP)

Semi-conductor process related product manufacturing service.

 Solar/Panel/LED Equipment Manufacturing

 Critical components and spare parts Manufacturing

Fab automation design and manufacturing

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 Non-process equipment development

 Micro Contamination Control solution

 Wafer AOI inspection equipment

• Wafer handling automation

 Equipment / Parts

refurbishing, repairing, and recycling services

 Technology application at re-circular services

Equipment and components circular economy

Medical equipment OEM and manufacturing

• Medical image diagnostic equipment

• Critical components OEM

 Equipment contract manufacturing

• Radiotherapy equipment manufacturing

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3Q23 Financial Reports

FOXSEMICON INTEGRATED TECHNOLOGY INC.

Statements of Comprehensive Income

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Balance Sheets & Key Indices

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Cash Flows

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*Free Cash Flow=Cash from operating activities-Capital expenditures

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Business Performance and Outlook

FOXSEMICON INTEGRATED TECHNOLOGY INC.

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Q3 revenue: $2.97 billion, YoY: -26.6%, QoQ: -9.6%

4,055 +3.1% 4% -18.6% 4% +26.8% 3,361 +1.4% 3,410 3,403 -3.3% +5.6% -6.3% 3,292 3,182 4% 3,197 2% -9.6% 3,006 +5.8% 4% 4% 3% 3% 2,977 +11.5% 2,697 3% 2% 5% 96% 96% 96% 96% 98% 97% 96% 97% 97% 98% 95%

3Q23 Revenues by Business

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2%
98%
Manufacturing Services
-8.9% QoQ
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Unit: NT$M
-24.9% YoY
5,000
4,000
2,913
3,000
2,000
1,000
-
22Q3 2023Q2 23Q3
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Manufacturing Services

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Self-Development

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Self-Development
-32.5% QoQ
Unit: NT$M
-63.7% YoY
200
150
100
64
50
-
22Q3 2023Q2 23Q3
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Manufacturing Services Revenue by Products

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3,880	3,880	3,880	3,880	3,880
	9%	20% 22% 20% 21% 13% 15% 8% 8% 8% 5% 7% 6% 7% 8% 5% 6% 9% 7% 3,198 2,913
	2%
	8%
	6%
	9%
	8%
	10%
	21%
	23%

4Q23 Business Outlook

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Manufacturing Auto Design & Fiti Services Manufacturing QoQ QoQ QoQ YoY YoY YoY

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CY2030 Semi industry revenue>$1T

Average 2011-2015, $30-$40B

Average 2016-2020, $55-$65B

115 105 99[101 98 ] 99 96 84[92 95 97 88 ]

Recap of Recent Major Events

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 FITI's first ESG Sustainability Report won the 2023 TCSA Bronze Award for Sustainability Reporting

 Because of the geopolitical uncertainty, Fiti's Board of Directors has suspended the construction of a new factory in Taiwan and capacity expansion in China on July 28, 2023. Meanwhile, in order to meet the needs of our customers, the Board of Directors have approved to invest US$120 million to establish a production base in Chonburi, Thailand to manufacturing key modules, components and spare parts for semiconductor front-end process equipment, which is expected to be in production in 2025H1 to meet the demand of the semiconductor equipment market

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FOXSEMICON INTEGRATED TECHNOLOGY INC.

Summary

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 2023 First Three Quarters Performance in Line with the Industry

• First Three Quarters Revenue/EPS were both the second highest in the same period.

 Q4 will be a moderate quarterly increase after the bottom of Q3.  Aggressively expanding new customers and establishing long-term partnership with strategic partners

• Diversified manufacturing to minimize geopolitical risks and maintain the

competitiveness of the company's operation.

 Outlook for 2024, the company's growth will outperform the industry's average with the benefit of new products, new customers, and semiconductor incentives in

countries.

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