LTC — Call Transcript 2025

May 5, 2025

Powering a Bright and Sustainable Future Together 永續共好．光耀未來

1Q25 Earnings Conference LITEON Technology

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法說會議程

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• Host, 1Q25 Results Julia Wang, IR Senior Director

• Operation Plan and Growth Strategy Anson Chiu, President

• Q&A Anson Chiu, President KT Lim, CFO

Safe Harbor Notice

LITEON Technology’s statement of its current expectations are forward-looking statements which are subject to significant risks and uncertainties. Actual results may differ materially from those contained in any forward-looking statements.

The numbers of the presentation are prepared under IFRS.

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Information
Opto- Cloud & Technology &
electronics AIoT Consumer
Electronics
Opto-semiconductors, Datacenter, Server, NB, Workstations,
Automotive Electronics, Networking, AIoT, Tablets, DT,
Intelligent Transportation Smart Devices,
Gaming,
Lighting Solutions Video Intelligence
Consumer Electronics
Solutions
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Core Business & Profit expansion by high value business since 2021

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NT$ Mn

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NT$ Mn 1Q25 Product Mix
300,000 22.6% 25.0% 19%
22.0%
21.6%
38%
250,000 $36,417
18.5% 19.2% 20.0% 62%
NT$mn
200,000
173,456
164,828 15.0%
43%
148,333
150,000 137,134 10.1%
9.8% 9.4%
8.7%
10.0%
7.9%
Revenue
100,000 光電部門 (含車電) 雲端及物聯網部門 資訊及消費性電子部門
GP%
5.0% OP%
1Q21 Product Mix
50,000 36,417
- 0.0% 22%

2021 2022 2023 2024 1Q 2025
Excludes Image department business 50% $37,718
50%
NT$mn
Discontinued some consumer and OEM products
28%
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1Q25 Executive Summary

【 1Q25 】

• Q1 sales of NT$36.4 billion, up 27% YoY; attributable to the overall growth of three business segments.

• Gross Margin and Operating Margin were 22.6% and 10.1% respectively, both up 2.3 ppt YoY, resulting from synergies of enhanced high-value business, operational efficiency and intensive supply chain collaboration.

• RD expenses accounted for 5.6% of Q1 sales, up ~20% YoY, reflecting steady investment in cloud, opto-electronics, 5G and new business.

• Q1 Net profits reached NT$3.46 billion and EPS of NT$1.51, up 45% YoY.

【 Core Business】

• Thanks to increased shipments of cloud computing, AI server power management and BBU solutions, Cloud & AIoT delivered over 50% yearly growth.

• Core application in Opto-semiconductors enhanced continuously, mainly from visible Mini LED and invisible LED, which delivered near 10% yearly growth.

• Portfolio optimization in IT&CE, coupled with increasing shipments of LEO satellite power supplies and intelligent input peripherals, IT&CE delivered near 20% yearly growth.

【BOD Resolutions】

• The Board approved the repurchase of up to 130,000,000 shares, effective from April 10th to June 9th. As of April 29th, 12,135,000 shares have been repurchased. This initiative underscores LITEON’s commitment to long-term core .

• values, maintaining shareholder equity, and ensuring corporate governance and financial stability

• 2025 Annual Shareholders Meeting (AGM) will be held on May 20th, 2025.

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© LITE-ON Technology Corporation. All Rights Reserved.

Confidential 機密

2025 COMPUTEX

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Operation Plan and Growth Strategy

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Growth strategy and milestones

• To navigate the global political and economic landscape, we upgrade product specifications and operation models, enhance high-value product and technology competitiveness, improve global operational efficiency and scale, provide flexible and resilient global supply chain management, to meet local market and customer needs, fostering growth and becoming the best partner for our customers, we are optimistic and positive about 2025 business outlook.

• At 2025 MWC, partnering with 8 international leaders, we showcased innovative 5G x O-RAN x AI image recognition applications, high-efficiency 5G private network small cells, and AI-powered visual surveillance systems, to enhance network communication technologies, and meet the critical needs of customers and partners in network infrastructure.

• At 2025 GTC, we showcased NVIDIA integrated power solutions, rack, and liquid cooling system solutions. Also, we introduced next-generation integrated power rack solutions under increased power consumption. Additionally, the AIRAN solution made its debut, enhancing 5G technology and establishing NV AI Aerial ecosystem partnerships, demonstrating LITEON’s technical strength in 5G solutions.

• At 2025 Computex in May, we will showcase green datacenter and AI RAN solutions.

Outlook for 2Q25

Sequential growth from core business , mainly driven by:

• In cloud computing , the shipment momentum of high-end AI server power solution and integrated rack has increased, and expansion with customers is well on schedule.

• Opto-semiconductors will deliver sequential growth, high-end photocouplers see recovery in renewable energy and industrial automation, Mini LED continues to grow in next-generation gaming PCs and gaming phones.

• In IT&CE , mainly driven by portfolio optimization, accelerated shipments of LEO satellite power supplies.

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Powering a Bright and Sustainable Future Together

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