NTC — Interim / Quarterly Report 2013

Jan 24, 2014

Nuvoton Technology Corporation

4Q13 Investor Conference January 24, 2014

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

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.

	p		.
Unit: NT$ M	4Q13		3Q13		4Q12		QoQ change		YoY change
	Amount	%	Amount	%	Amount	%	Amount	%	Amount	%
Net Revenue	1,526	100	1,744	100	1,602	100	(219)	(13)	(76)	(5)
Gross Profit	617	40	700	40	607	38	(83)	(12)	10	2
Operating Income	27	2	140	8	48	3	(112)	(80)	(21)	(43)
Net Non- Operating Income	13	1	9	0	13	1	4	40	0	2
Income before Income Tax	40	3	149	8	61	4	(108)	(73)	(21)	(34)
Net Income	24	2	55	3	41	3	(30)	(56)	(17)	(41)
EPS (NTD)	0.12		0.26		0.19

Note: Weighted average outstanding shares were 207.5M units in 4Q13.

Nuvoton Consolidated Balance Sheet

Selected Items from Balance Sheet.

Unit: NT$ M Dec 31 ’13 Amount % Sep 30 ’13 Amount % Selected Items from Balance Sheet.	QoQ change Amount %
Cash & Cash Equivalents 1,719 35 1,400 30 Accounts Receivable 803 16 866 18 Inventories 863 18 914 20 Long-Term Investments 403 8 399 9 Property, Plant and Equipment 533 11 520 11 Total Assets 4,896 100 4,720 100	319 23 (63) (7) (52) (6) 4 1 13 2 176 4
Current Liabilities 1,580 32 1,446 30 Non-Current Liabilities 509 11 509 11 Total Liabilities 2,089 43 1,954 41	134 9 1 0 134 7
Total Equity 2,807 57 2,765 59	41 1

Nuvoton Consolidated Statement of	Nuvoton Consolidated Statement of	Nuvoton Consolidated Statement of	Cash Flows	Cash Flows
Unit: NT$ M	4Q13	3Q13	QoQ change
	Amount	Amount	Amount
Cash Flows from Operating Activities	160	342	(183)
Cash Flows from Investing Activities	(32)	(71)	38
Cash Flows from Financing Activities	179	(353)	532
Cash & Cash Equivalents	1,719	1,400	319

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% 40.1% 40.4%
2,500
37.9%
40.0%
2,237
1,935
2,000 1,901
1,744
30.0%
1,639 1,639
1,602
1,526
1,500
20.0%
1,000
10.0%
500
0 0.0%
1Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 4Q13
Revenue Gross Profit GM%
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Nuvoton Business Update &Outlook

• Nuvoton 4Q13 Business Update

• • Nuvoton 1Q14 Business Outlook

Nuvoton 4Q13 Business Update

Net Revenue: -12.5% QoQ / -4.7% YoY

• Key Reasons for QoQ Decrease

• Foundry and Consumer Business Seasonality

• FAB Annual Maintenance

• Key Reasons for YoY Decrease

• Weak PC Demands

• Gross Margin Improved QoQ and YoY by Better Product Mix

• • 4Q13 Major New Products

• ARM[®] Cortex™- M0/M4 32-bit MCU Roadshow

• ARM[®] Cortex™- M0 NANO112 Ultra-Low Power MCU for IoT

• Sensor Hub for Windows 8.1 and Android Devices

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

Nuvoton 1Q14 Business Outlook

• 1Q14 Business Outlook

• Traditional Slow Season for PC, Consumer, and Foundry

• IC Industry into Warm Season Gradually

• 1Q14 Major New Products

• ARM[®] Cortex™- M4 32-bit MCU Promotion

• New Voltage Level Shift IC for Server and Datacenter

• New 20W Audio Power Amplifier IC

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

Questions & Answers

• Company website Nuvoton: www.nuvoton.com