Fiti — Investor Presentation 2023

Jun 6, 2023

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2023 First 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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1Q23 Financial Reports

FOXSEMICON INTEGRATED TECHNOLOGY INC.

Statements of Comprehensive Income

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FOXSEMICON INTEGRATED TECHNOLOGY INC.

Balance Sheets & Key Indices

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FOXSEMICON INTEGRATED TECHNOLOGY INC.

Cash Flows

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

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FOXSEMICON INTEGRATED TECHNOLOGY INC.

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Business Performance and Outlook

FOXSEMICON INTEGRATED TECHNOLOGY INC.

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Q1 revenue: $3.40 billion, YoY: -0.2%, QoQ: -18.6%

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previous years 4,055 +3.1% 4,181
4%8 -18.6%
4%
+26.8%
+1.4% 3,410 3,403
3,361
+5.8% 3,182 +5.6% 4% -6.3% 3,197 2%
+11.5% 3,006 4% 4% 3%
2,697 3%
5%
96%
96%
96% 96% 98%
96% 97%
97%
95%
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1Q23 Revenues by Business

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2%
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98%
Manufacturing Services
-17.0% QoQ
Unit: NT$M
+1.8% YoY
5,000
4,000
3,329
3,000
2,000
1,000
-
2022Q1 2022Q4 2023Q1
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Manufacturing Services
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Self-Development
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Self-Development
-56.2% QoQ
Unit: NT$M
-47.1% YoY
200
150
100 74
50
-
2022Q1 2022Q4 2023Q1
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FOXSEMICON INTEGRATED TECHNOLOGY INC.
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Manufacturing	Manufacturing	Manufacturing	Manufacturing	Manufacturing	Services	Services	Services	Revenue	Revenue	Revenue	by Products	by Products	by Products	by Products	by Products	by Products	by Products	by Products	by Products	by Products	by Products								QoQ	QoQ	QoQ	QoQ
															CVD					ETCH						EPI			PVD			ALD			Spare					Repair				200mm
Unit:NT$Million
4,500																																														1%
					4,013
4,000
					6%																					-8%
2,000 2,500 3,000 3,500		8% 7% 6% 8% ~~1%~~ 9% 3,271	15%		11% 9% 9% 7% 7% 3%	18%		7% 7% 7% 7% 4% 11% 3,329	14%				Others 200mm Repair Spare ALD PVD		-17%					-23%								-38% -36% YoY							-21%					-15%				239%
		11%
								13%					EPI
1,500
1,000		21%			21%			20%					ETCH CVD
500		25%			23%			22%																		17%						2%			16%
-		2022Q1			2022Q4			2023Q1							-12%						-7%							-14%												-4%
																CVD				ETCH						EPI			PVD			ALD		Spare					Repair					200mm
FOXSEMICON INTEGRATED TECHNOLOGY INC.																																																	14

2Q23 Business Outlook

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

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FOXSEMICON INTEGRATED TECHNOLOGY INC.

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CY2030 Semi industry revenue>$1T

Average 2011-2015, $30-$40B

Average 2016-2020, $55-$65B

98[101 ] 96 92 90 81

Recap of Recent Major Events
FITI's 5/30/2023 Shareholders Meeting approved the following:
Cash dividends: NT$13.8 per common shares
Board re-election: the chairman of the board and the existing board members
(7 board members, including 4 independent directors)
2022 Commonwealth Magazine’s Top 2,000 Companies Survey: FiTi was ranked
#26 in the semiconductor industry, and #256 in the manufacturing industry.
Item/Year 2022 2021 2020
Manufacturing Industry Ranking 259 286 285
FOXSEMICON INTEGRATED TECHNOLOGY INC.		17

Summary

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• Semiconductor equipment fluctuates in the short term.

• Semiconductor equipment is positive in the medium-to-long term.

 Industry inventory is adjusting, Q2 operating outlook declines QoQ, a smaller-

scaled QoQ declines is expected.

 Increase cost and inventory control, promote production line automation and process optimization to improve production efficiency and product yields.  Strategic & diversified planning to meet local customer requirements, supply chain flexibility, and enhance products/ markets/ technologies competitive adva.ntages

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FOXSEMICON INTEGRATED TECHNOLOGY INC.

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Thank you

FOXSEMICON INTEGRATED TECHNOLOGY INC.

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WFE($B)	2021	2022	2023(f)	2024(f)	2025(f)	2026(f)
Semi (2022/12)	91	97	82
YoY	42%	7%	-16%
Semi (2023/03)	91	98	76	92
YoY	42%	8%	-22%	21%
Gartner (2022/12)	92	101	81	84	91	97
YoY	42%	9%	-19%	3%	9%	7%
Gartner (2023/04)	93	101	80	81	89	95
YoY	43%	8%	-20%	1%	10%	7%
TechInsights (2022/12)	88	96	80	90	105
YoY	37%	9%	-16%	12%	17%
TechInsights (2023/03)	88	96	82	90	105	115
YoY	37%	9%	-14%	9%	17%	10%