Fiti — Investor Presentation 2023

Sep 6, 2023

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2023 Second 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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FOXSEMICON INTEGRATED TECHNOLOGY INC.

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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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FOXSEMICON INTEGRATED TECHNOLOGY INC.

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2Q23 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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Q2 revenue: $3.29 billion, YoY: +3.0%, QoQ: -3.3%

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4,181
4,055 +3.1%
4%
4% -18.6%
+26.8%
3,006 +5.8% 3,182 +5.6% 3,361 4% +1.4% 3,410 4% -6.3% 3,197 3,403 2% -3.3% 3,292 3%
4% 3%
+11.5%
2,697 3%
5%
96%
96%
96% 96% 98% 97%
96% 97%
97%
95%
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2Q23 Revenues by Business

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3%
Manufacturing Services
Self-Development
97%
Unit: NT$M
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97%
Manufacturing Services
-4.0% QoQ
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Self-Development
+27.6% QoQ
-12.9% YoY
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Unit: NT$M
+3.5% YoY
3,450
3,300
3,198
3,150
3,000
2,850
2023Q2 2023Q1 2023Q2
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120
94
60
-
2023Q2 2023Q1 2023Q2
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FOXSEMICON INTEGRATED TECHNOLOGY INC.
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Manufacturing Services Revenue by Products

3329	3329	3329	3329	3329	3329
, 3,198
25% 20% 10% 8% 7% 7% 9% 1% 10% 15% 3,089		11%	20% 20% 13% 8% 8% 7% 7% 5% 9% 14% 16		Others 200mm Repair Spare ALD PVD EPI ETCH CVD %
		4%
		7%
		7%
		7%
		7%
		13%
		20%
		22%

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3Q23 Business Outlook

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

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WFE Market Forecast

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CY2030 Semi industry revenue>$1T

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Mobile
PC
99 [101 ] 96
Average 2016-2020, $55-$65B 88 84 86
79 [86 ] 83
Average 2011-2015, $30-$40B
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Ranking Company 2022 Revenue Growth (%) 2021 Revenue Growth (%) 2020 Revenue Growth (%) 21 Fiti 21.91 15.61 41.22

Summary

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 23Q2 business performance outperformed other semi-equipment industries.

• Highest Revenue: Q2 and H1 have the highest revenue in the same period since listed.

EPS: Q2 has the highest; H1 has the 2[nd] highest EPS in the same period since listed.

• H1 EPS of NT$10.42: Fiti ranked within the top 18 listed companies in TWSE .

• Facing the global macroeconomic uncertainties, continued adjustment in end-use market demand and customers’ inventory corrections, global semiconductor equipment sales reaching a trough in 23Q2.

• Strong demand for ICAPS business and AI-related equipment growth will drive the

semiconductor equipment market.

• Fiti’s strategy: expand the product diversification and generate new customer business to provide long-term constant growth momentum.

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Thank you

FOXSEMICON INTEGRATED TECHNOLOGY INC.

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