NTC — Interim / Quarterly Report 2013

Aug 2, 2013

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Nuvoton Technology Corporation

2Q13 Investor Conference

August 2, 2013

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Safe Harbor Notice

• We have made forward-looking statements in this presentation. Our forward-looking statements contain information regarding, among other things, our financial condition, future expansion plans and business strategies. We have based these forward-looking statements on our current expectations and projections about future events. Although we believe that these expectations and projects are reasonable, such forward-looking statements are inherently subject to risks, uncertainties and assumptions about us.

• We undertake no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future event or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this conference might not occur and our actual results could differ materially from those anticipated in these forward-looking statements.

• The information contained herein shall also not constitute an offer to sell or a solicitation of an offer to buy the company’s securities nor shall there be any sale of such securities in any state or country in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or country.

Agenda

• Nuvoton Financial Results

• Nuvoton Business Update & Outlook

• Q&A

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Nuvoton Financial Results

• Nuvoton Consolidated Statement of Comprehensive Income

• Nuvoton Consolidated Balance Sheet

• Nuvoton Consolidated Statement of Cash Flows

• Nuvoton Revenue and GM Trend- Consolidated

Nuvoton Consolidated Statement of Comprehensive Income

Selected Items from Statement of Comprehensive Income.

Unit: NT$ M	2Q13	2Q13	2Q13		1Q13	1Q13	1Q13		2Q12	2Q12	2Q12		QoQ change	QoQ change	YoY change	YoY change
	Amount			%	Amount			%	Amount			%	Amount	%	Amount	%
Net Revenue	1,901			100	1,639			100	2,237			100	262 16		(337)	(15)
Gross Profit	803			42	666			41	947			42	137 21		(144)	(15)
Operating Income	176			9	88			6	333			15	88 99		(156)	(47)
Net Non- Operating Income	38			2	7			0	30			1	31 463		7	24
Income before Income Tax	214			11	95			6	363			16	119 125		(149)	(41)
Net Income	115			6	66			4	309			14	49 75		(194)	(63)
EPS (NTD)	0.55				0.32				1.48

Note: Weighted average outstanding shares were 207.5M units in 2Q13.

Nuvoton Consolidated Balance Sheet

Selected Items from Balance Sheet.

Unit: NT$ M	June 30	June 30	June 30	’13		Mar 31 ’13	Mar 31 ’13	Mar 31 ’13		QoQ change	QoQ change
	Amount			%		Amount		%		Amount	%
Cash & Cash Equivalents Accounts Receivable Inventories Long-Term Investments Property, Plant and Equipment Total Assets	1,485 1,025 989 396 518 5,117			29 20 19 7 11 100		1,245 887 994 398 501 4,850		26 18 21 8 11 100		241 138 (5) (2) 17 267	19 16 (0) (1) 3 6
Current Liabilities Non-Current Liabilities Total Liabilities	1,901 500 2,401				37 10 47	1,421 486 1,907		29 10 39		480 14 495	34 3 26
Total Equity	2,716				53	2,943		61		(228)	(8)
Current Ratio	1.95					2.42
Debt/Equity Ratio	0.88					0.65

Nuvoton Consolidated Statement of Cash Flows

Unit: NT$ M	2Q13	1Q13	QoQ change
	Amount	Amount	Amount
Cash Flows from Operating Activities	291	131	160
Cash Flows from Investing Activities	(59)	(158)	99
Cash Flows from Financing Activities	0	0	0
Cash & Cash Equivalents	1,485	1,245	241

Nuvoton Revenue and GM Trend- Consolidated

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Revenue (NT$ M) Gross Margin Rate
3,000 50.0%
42.3% 42.2%
41.3%
40.3% 40.7%
2,500 37.9%
40.0%
2,237
1,935
2,000 1,901
30.0%
1,639 1,639
1,602
1,500
20.0%
1,000
10.0%
500
0 0.0%
1Q12 2Q12 3Q12 4Q12 1Q13 2Q13
Revenue Gross Profit GM%
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Nuvoton Business Update &Outlook

• Nuvoton 2Q13 Business Update

• • Nuvoton 3Q13 Business Outlook

Nuvoton 2Q13 Business Update

Net Revenue: +16.0% QoQ / -15.0% YoY

• Key Reasons for QoQ Increase

• Traditional High Season for Consumer Products and Foundry Business

• 32-bit MCU Applications Growing

• Key Reasons for YoY Decrease

• Weak PC Demands

• Gross Margin Improved QoQ by Higher Capacity Utilization Rate and Better Product Mix

• 2Q13 Major New Products

• New ARM[®] 9 SoC for IP CAM and Voice Recognition Home Appliance

• ARM[®] Cortex™- M0 32-bit Ultra-Low Power MCU for Industrial Control and Sensor HUB

• New Generation EC/eSIO/SIO for Intel[®] Haswell

Note: All trademarks and copyrights mentioned herein are the property of their respective owners.

Nuvoton 3Q13 Business Outlook

• 3Q13 Business Outlook

• Audio Application IC Grows

• Computer IC Depends on Intel[®] Haswell PC Sales and Windows 8.1 Launch

• 3Q13 New Products

• New ARM[®] Cortex™- M4 32-bit MCU

• ARM[®] Cortex™- M0 Based Audio SoC for Home Entertainment

• New Power IC for MB, Server and Datacenter

• New Voltage Level Shift IC for HDMI

• New TPM for Windows 8 and Chromebook

• New EC Integrated with Sensor Fusion

Note: All trademarks and copyrights mentioned herein are the property of their respective owners.

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Questions & Answers

• Company website Nuvoton: www.nuvoton.com

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