Macronix — Interim / Quarterly Report 2013

Jul 30, 2013

Macronix International Co., Ltd. Second Quarter 2013 Results July 30, 2013

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Disclaimer

The presentation and discussion contain certain forward-looking statements with respect to the results of operation, financial condition and current expectation. The forward-looking statements are subject to known and unknown uncertainties and risks that could cause actual results to differ materially from those expressed or implied by such statements.

Such risks and uncertainties include but are not limited to the impact of competitive products and pricing, timely design acceptance by our customers, timely introduction of new technologies, ability to ramp new products into volume, industry wide shifts in supply and demand for semiconductor products, industry overcapacity, availability of manufacturing capacity, financial stability in end markets, and other risks.

The forward-looking statements in this release reflect the current belief of Macronix as of the date of this release and Macronix undertakes no obligation to update these forward-looking statements for events or circumstances that occur subsequent to such date.

Agenda

Welcome C.Y. Lu 2013Q2 Financial Results Paul Yeh Business Update C.Y. Lu Remarks and Q&A C.Y. Lu

Major Second Quarter Highlights

2013Q2 Actual

2013Q1 Actual

NT$ 4.4 B 4% -4% -36% -48% 88% 84%

Revenue NT$ 5.2 B Gross margin % 4% Operating margin % -36%

Capacity Utilization rate

• Revenue sequentially increased 19% because of better demand in all product lines

• Gross/OP margin increase sequentially due to higher revenue and better Fab operation

Agenda

Welcome C.Y. Lu 2013Q2 Financial Results Paul Yeh Business Update C.Y. Lu Remarks and Q&A C.Y. Lu

Quarterly Consolidated Statements of Comprehensive Income

2013/Q2 2013/Q1 2012/Q2 Net Sales 5,231 4,405 5,883 Gross Profit 225 (185) 580 Gross Margin% 4% (4%) 10% Operating Expenses (2,089) (1,911) (2,060) Operating Income (1,864) (2,096) (1,480) Net Non-Operating Income (Loss) 11 12 77 Income Before Taxes (1,853) (2,084) (1,403) Income Taxes (1) (1) (10) Net Income (1,854) (2,085) (1,413) Other Comprehensive Income (72) 75 (138) Comprehensive Income (1,926) (2,010) (1,551) Net Income(Loss) Attributable to : Shareholders of the Parent (1,840) (2,069) (1,394) NoncontrollingInterests (14) (16) (19) nit: NTD Million (except EPS)

QoQ YoY Change Change 19% (11%) - (61%) 8ppt (6ppt) 9% 1% (11%) 26% (10%) (86%) (11%) 32% (0.1%) (89%) (11%) 31% - (48%) (4%) 24% (11%) 32% (12%) (25%)

2013Q2 Financial Highlights

2013 Q2 Sales = NTD 9,636 M -13% YoY

2013 YTD GP = NTD 40 M -97% YoY

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Sales Gross Profit
NTD M NTD M
11,026M 9,636M
1,336M
10,000 1,000
8,000 750
6,000
500 40M
4,000
250
2,000
0
0 12Q1 Q2 Q3 Q4 13Q1 Q2
12Q1 Q2 Q3 Q4 13Q1 13Q2 (250)
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2013Q2 Financial Highlights

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2013Q2 2012Q2
Gross Margin (%) 4% 10%
EPS (NTD) (0.52) (0.4)
Gross Margin (%) EPS
EPS numbers are retro-adjusted
NTD
1.00
15% 0.75
13%
10% (1.55)
0.50
4%
2% 0.25
0.00
Q2 Q3 Q4 13Q1 Q2 12Q1 Q2 Q3 Q4 13Q1 Q2
(0.25)
(4%)
(0.31) (0.34)
(0.50) (0.40)
(0.50)
(0.59) (0.52)
(0 75)
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GM%
25%
15%
13%
15%
10%
4%
2%
5%
-5% 12Q1 Q2 Q3 Q4 13Q1 Q2
(4%)
-15%
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Quarterly Consolidated Balance Sheet / Cash Position

Unit: NTD Million

Unit: NTD Million
	06/30/2013	03/31/2013
Cash	13,929	17,036
Inventory(Net)	8,046	7,537
Property, Plant and Equipment	27,325	28,339
Total Assets	56,352	59,503
Interest bearing debt - short term	5,944	5,732
Interest bearing debt - long term	13,238	15,171
Total Liabilities	25,317	26,542
Shareholders' Equity	31,035	32,961
Debt Ratio (%)	44.9%	44.6%
Book Value (NT$)	8.81	9.36
Quarterly Highlight	2013/Q2	2013/Q1
Depreciation & Amortization	1,974	1,976
Capital Expenditures	(886)	(482)
Cash Flow from Operating EBITDA	(469) 208	(1,344) (22)

Quarterly Sales Breakdown by Products (Parent Company)

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Unit: NTD Million
6,000
5,000
4,000 61%
63%
3,000
67%
2,000
27%
25%
1,000
22%
12% 12%
11%
0
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QoQ YoY Change Change 63% Flash +11% -9% ROM +33% -19% FBG +35% -6% * FBG (foundry business group)

Quarterly Quantity Breakdown by Products (Parent Company)

Unit : Million

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450
400
350
QoQ YoY
300 Change Change
250 Flash +20% +7%
96%
94%
200 ROM +56% -16%
97%
FBG +36% -5%
150
100
Equivalent 8” WF base for FBG
(foundry business group)
50
6% 3% 4%
0
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• Equivalent 8” WF base for FBG (foundry business group)

Quarterly Memory Sales Breakdown by Technology

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Unit: NTD Million
6,000
5,000
26%
6%
4,000
3%
5% 17%
18%
45nm
3,000 15%
65 nm
13%
75 nm
58% 0.10 μ m
2,000
0.13 m
μ
58% 53% ≧ 0.15 μ m
1,000
3%
4% 4%
8% 4% 5%
0
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8” Equivalent Wafer Out & Utilization Rate

Wafer Out

Utilization rate

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400,000 120%
102%
350,000 100% 101% [103%]
99%
94% 95% 93% 97% 94% 92% 100%
91% [88%] 88%
84%
300,000 92% 90% 97% 79% 80% 84%
86%
86% 75% 80%
250,000 69%
Design capacity
200,000 60%
150,000
47%
40%
100,000
20%
50,000
0 0%
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Agenda

Welcome C.Y. Lu 2013Q2 Financial Results Paul Yeh Business Update C.Y. Lu Remarks and Q&A C.Y. Lu

Business update - ROM equivalent density shipment

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Density shipment index:
1,184
1,200 2008Q1 =100
900
779
755
741
600
539
506
473
452
285
300
250
237 230
211 205
177
157 164
148
124 123
100 107
0
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Business update

 ROM business

• ≤ 45nm products represented 24% of ROM business in 13Q2

• 45nm 16/32Gb 32 I/O ROM products will be in mass production (MP) for gaming application in Q3

• Average density per unit was 5Gb in Q2 and will be higher in Q3

ROM (by tech & sales)

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100%
1%
14%
24%
80%
45%
75%
60%
85% 87% 84%
76% 32 nm
67%
40%
45 nm
47%
65 nm
20%
17% 75 nm
8% 11%
8%
7% 4% 5% ≧ 0.10 μ m
0% 8% 7% 5% 5% 3% 5% 2%
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Business update - NOR Flash equivalent density shipment

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900
Density shipment index:
2008Q1 =100 808
763
700 [705]
647
633
597
600
525
494 497
451 447
425
416
376
318
287
300
163 166
141
115
100
0
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Current status of memory business

 NOR flash business

• 75nm products represented 19% of NOR business in 13Q2

• 75nm 64Mb 1.8V WLCSP commercial sample (CS) will be delivered in Q3

• 75nm 64Mb 3V serial NOR CS for next generation computing platform will be delivered in Q3

• 75nm 64Mb 1.8V serial NOR CS for handset application will be delivered in Q3

• 75nm 512Mb 1.8V serial NOR engineering sample (ES) for communication application will be delivered in Q3

• Already delivered 75nm 128Mb 1.8V serial NOR products for 4G LTE handset application

NOR (by tech & sales)

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100%
1%
4% 10% 12%
15%
19%
25%
80%
60%
84% 83% 17%
5%81% 77% 76%
1% 71%35%
67%
40% 22%
17% 31% 75 nm 33%
0.11 μ m
20%
0.13 μ m
6%
5%
9% 8% 4%5% 5% 6% 4%5% 5%5% 4%4% ≧ 0.15 μ m
0%
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NOR (by density & sales)

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100%
5% 7%
15%
80%
58% 55%
60% 5% 4% 53%
6% 7%
7%
4% 8%
6%
40%
20% 37% 38%
32%
0%
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High density

Business update - NOR Flash breakdown & outlook

2013Q2 NOR

Revenue breakdown

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Consumer
Comm
26%
25%
•OTHERS includes
Computer Handset
Industrials and others
24% 13%
Others Auto
3% 9%
2013Q2 QTY breakdown
QTY. Computer Communication Handset Auto
Consumer
(M ea)
+20% QoQ +17% QoQ +15% QoQ +28% QoQ +27% QoQ
150 -20% YoY +12% YoY +20% YoY +94% YoY +66% YoY
100
100 100 100
100
50 50 50 50 50
0 2013Q1 2013Q2 0 2013Q1 2013Q2 0 2013Q1 2013Q2 0 2013Q1 2013Q2 0 2013Q1 2013Q2
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Agenda

Welcome C.Y. Lu 2013Q2 Financial Results Paul Yeh Business Update C.Y. Lu Remarks and Q&A C.Y. Lu

For more information regarding Macronix http://www.macronix.com

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For all inquiries, suggestions and comments ir@mxic.com.tw