NTC — Interim / Quarterly Report 2013

Apr 26, 2013

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Nuvoton Technology Corporation

1Q13 Investor Conference

April 26, 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	1Q13	1Q13		4Q12	4Q12		1Q12	1Q12	1Q12		QoQ change YoY change	QoQ change YoY change	QoQ change YoY change
	Amount		%	Amount		%	Amount			%	Amount	% Amount	%
Net Revenue	1,639		100	1,602		100	1,639			100 37 2 (0) (0)
Gross Profit	666		41	607		38	661			40 60 10 5 1
Operating Income	88		6	48		3	120				7 40 83 (32) (26)
Net Non- Operating Income	7		0	13		1	9				1 (6) (47) (3) (27)
Income before Income Tax	95		6	61		4	129				8 34 56 (34) (26)
Net Income	66		4	41		3	99				6 25 60 (33) (34)
EPS (NTD)	0.32			0.2			0.48

Note: Weighted average outstanding shares were 207.5M units in 1Q13.

Nuvoton Consolidated Balance Sheet

Selected Items from Balance Sheet.

Unit: NT$ M	Mar 31	Mar 31	Mar 31	’13		Dec 31 ’12	Dec 31 ’12	Dec 31 ’12		QoQ change	QoQ change
	Amount			%		Amount		%		Amount	%
Cash & Cash Equivalents Accounts Receivable Inventories Long-Term Investments Property, Plant and Equipment Total Assets	1,245 887 994 398 501 4,850				26 18 21 8 10 100	1,245 921 1,001 381 500 4,814		26 19 21 8 10 100		0 (34) (7) 17 1 36	0 (4) (1) 5 0 1
Current Liabilities Non-Current Liabilities Total Liabilities	1,421 486 1,907				29 10 39	1,521 448 1,969		32 9 41		(100) 37 (62)	(7) 8 (3)
Total Equity	2,943				61	2,845		59		98	3
Current Ratio	2.42					2.28
Debt/Equity Ratio	0.65					0.69

Nuvoton Consolidated Statement of Cash Flows

Unit: NT$ M	1Q13	4Q12	QoQ change
	Amount	Amount	Amount
Cash Flows from Operating Activities	131	113	18
Cash Flows from Investing Activities	(158)	(43)	(115)
Cash Flows from Financing Activities	0	(59)	59
Cash & Cash Equivalents	1,245	1,245	0

Nuvoton Revenue and GM Trend- Consolidated

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Revenue (NT$ M) Gross Margin Rate
3,000 50.0%
42.3%
41.3%
40.3% 40.7%
2,500 37.9%
40.0%
2,237
1,935
2,000
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
Revenue Gross Profit GM%
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Nuvoton Business Update &Outlook

• Nuvoton 1Q13 Business Update

• • Nuvoton 2Q13 Business Outlook

Nuvoton 1Q13 Business Update

Net Revenue: +2.3% QoQ / -0.0% YoY

• Key Reasons for QoQ Increase

• 32-bit MCU Applications Growing

• Foundry Customers Prepare for 2Q Demands

• Key Reasons for Flat YoY

• New Audio IC and ARM[®] Cortex™- M0 MCU Applications Launch (Revenue↑)

• − Weak PC Demands and NTD Appreciation (Revenue↓)

• Gross Margin Improved QoQ and YoY

• 1Q13 Major New Products

• ARM[®] Cortex™- M0 Nano Series for Medical Equipment and IOT

• Audio Enhancement for Wireless Hi-Fi Speaker and TV

• Voltage Level Shift IC for Cloud Computing

• 24-bit Stereo Audio CODEC

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

Nuvoton 2Q13 Business Outlook

• 2Q13 Business Outlook

• Traditional High Season for Consumer Products and Foundry Businesses

• Computer IC Demands Depends on Intel[®] Haswell CPU Launch

• 2Q13 New Products

• New ARM[®] 9 SoC with H.264 Support

• New Generation EC/eSIO/SIO for Intel[®] Haswell CPU in 2013

• New Power IC and Voltage Level Shift IC for MB and Server

• Audio Enhancement with Power Amplifier

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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