NTC — Investor Presentation 2021

Aug 5, 2021

新唐科技股份有限公司

1H’21法人說明會 2021年8月4日

1

大綱

==> picture [106 x 375] intentionally omitted <==

新唐合併財務數字

NTCJ Highlight 新唐1H’21營運概況更新 Q&A

2

免責聲明

• 本簡報中所提及之預測性資訊包括營運展望、財務狀況以及業務預測等內容，乃是建

• 立在本公司從內部與外部來源所取得的資訊基礎。

• 本公司未來實際所可能發生的營運結果、財務狀況以及業務成果，可能與這些明示或 暗示的預測性資訊有所差異。其原因可能來自於各種因素，包括但不限於市場風險、 供應鏈、市場需求，以及本公司持續推出高品質產品能力等因素。

• 本簡報中對未來的展望，反應本公司截至目前為止對於未來的看法。對於這些看法， 未來若有任何變更或調整時，本公司並不負責隨時再度提醒或更新。

3

新唐合併財務數字

4

新唐合併綜合損益表

單位：新台幣佰萬 每股盈餘以新台幣元表示

	2Q’21	2Q’21	1Q’21	1Q’21	QoQ			1H’21
綜合損益表項目	金額	%	金額	%	Amount	%		Amount	%
營業收入	10,615	100	10,072	100	543		0	20,687	100
營業毛利	4,342	41	3,920	39	422		2	8,262	40
營業利益	916	8	381	4	535		4	1,296	6
營業外收入及支出	191	2	10	0	181		2	200	1
稅前利益	1,106	10	390	4	716		6	1,497	7
本期淨利	939	9	271	3	668		6	1,210	6
每股盈餘	2.36		0.7					3.07
註：2Q’21加權平均流通在外股數為397.6佰萬股,	1Q’21加權平均流通在外股數為389.3佰萬股 5

新唐合併資產負債表

單位：新台幣佰萬

		June 30 ’21			March 31 ‘21			QoQ
	資產負債表項目	金額	%		金額	%		金額
	現金及約當現金	6,270		20	5,447		17	823
	應收帳款	4,590		15	4,319		14	271
	其他應收款	1,034		4	2,029		7	(995)
	存貨	6,280		20	6,285		20	(5)
	長期投資	2,388		8	2,028		6	360
	不動產、廠房、設備及使用權資產	9,116		29	9,790		31	(674)
	其他	1,429		4	1,764		5	(335)
	資產總計	31,107		100	31,662		100	(555)
	流動負債	9,936		32	11,021		35	(1,085)
	非流動負債	7,779		25	8,676		27	(897)
	負債總計	17,714		57	19,697		62	(1,983)
	權益總計	13,392		43	11,966		38	1,426
	負債總計/權益總計	1.32			1.65

新唐合併現金流量表

單位：新台幣佰萬

2Q’21 1Q’21 QoQ 單位：新台幣佰萬 Amount Amount Amount 營運活動之現金流量 944 189 755	2Q’21 1Q’21 QoQ 單位：新台幣佰萬 Amount Amount Amount 營運活動之現金流量 944 189 755	2Q’21 1Q’21 QoQ 單位：新台幣佰萬 Amount Amount Amount 營運活動之現金流量 944 189 755
	944
投資活動之現金流量	1,046	146 900
籌資活動之現金流量	(1,054)	(537) (517)
現金及約當現金	6,270	5,447 823

7

新唐合併營業收入與毛利

==> picture [919 x 375] intentionally omitted <==

----- Start of picture text -----

Revenue/Gross Profit (NT$ M) Gross Margin
15,000 50.0%
41.2% 40.9%
39.6%
38.9%
36.9% 40.0%
35.8%
10,615
10,072
9,869
10,000
Revenue 30.0%
Gross Profit
GM%
5,605
20.0%
4,342
5,000
3,920
3,534
3,061
2133 2,066 10.0%
1,262
844
0 0.0%
1Q'20 2Q'20 3Q'20 4Q'20 1Q'21 2Q'21
----- End of picture text -----

8

1H’21 銷售分析-4C應用

==> picture [418 x 339] intentionally omitted <==

----- Start of picture text -----

Car, Industry & Auto
Computer
18%
24%
39%
2%
53%
21%
21%
22%
Communication &
Others
----- End of picture text -----

==> picture [68 x 11] intentionally omitted <==

----- Start of picture text -----

Consumer
----- End of picture text -----

Application Computer Consumer Communication and Others Car, Industry & Auto

==> picture [66 x 92] intentionally omitted <==

Increased Percentage in Communication and Car, Industry & Auto Sectors

9

NTCJ Highlight

10

NTCJ技術與 連結 Target Megatrends/ Market

Target Megatrends/Market

==> picture [310 x 344] intentionally omitted <==

----- Start of picture text -----

1.New Energy
Lib/FC
2.Smart Mobility
Robotics
3.Smart Life
----- End of picture text -----

==> picture [199 x 33] intentionally omitted <==

Leading edge technology

Our mission Visual is to enable innovationSensing

目標市場成長&技術挑戰

3.Smart Life

1.New Energy (Li-B)

2.Smart mobility & Robotics

==> picture [608 x 386] intentionally omitted <==

----- Start of picture text -----

(KMWh) Carbon neutral (TOPS) x1,000 (PCS)
500
Carbon neutral society x4 Autonomous society
400 1,000
Smart
mobility
x20
300 100
Reuse 20
Li-B
AMR
Li-B
200 10
10 Robotics
100 1 1
TOPS PCS
2016 2020 2030 2015 2020 2030
Technical challenges Technical challenges
Higher reliability Increasing data processing at edge
Reuse technology & ecosystem Higher capability for AI processing
----- End of picture text -----

==> picture [308 x 384] intentionally omitted <==

----- Start of picture text -----

(Munit)
IOT & Security society
x2
IOT
Healthcare
IOT
H/A
2017 2020 2030
Technical challenges
Higher reliable security and
real time processing with low power
----- End of picture text -----

鋰電池、電池管理IC 應用及技術演進

Today Biz 6 2 Automotive 1 3 Industrial /Consumer 5 New Biz 2 Reuse

Next Biz Key

・ Optimize BMS BOM

・ Battery diagnostic Tech & ecosystem

Now

BEV/HEV BM-IC

Next New Products BEV BM-IC ＋ CM-IC

Advanced Key Tech Accelerate reuse Biz EIS technology

==> picture [77 x 77] intentionally omitted <==

• Supports 20 Cells

• • FuSa (ASIL-D)

• High accurate SOH estimation

• Supports 25 Cells

• Clarify residual value for battery second life

FuSa:Functional safety

SOH:State of Health

EIS:Electrochemical Impedance Spectroscopy

電池使用安全性for 各種手持及穿戴裝置

◆ Safety IoT device

Technology Leader

==> picture [225 x 168] intentionally omitted <==

----- Start of picture text -----

CSP MOSFET
for IoT
----- End of picture text -----

==> picture [93 x 30] intentionally omitted <==

----- Start of picture text -----

Realize
----- End of picture text -----

Share growth Li-B Protection

==> picture [227 x 187] intentionally omitted <==

----- Start of picture text -----

Market Size
x1.7
Source:Gartner
2020 2025 2030
----- End of picture text -----

==> picture [225 x 100] intentionally omitted <==

8.6 B units shipment(2012 to 2020) protects the safety of the battery.

◆ Longer Battery Life & Speed Charge

==> picture [226 x 87] intentionally omitted <==

----- Start of picture text -----

Battery
life
----- End of picture text -----

26% longer battery life than 2011 with 2020 product

◆ Lead performance evolution with low Ron

==> picture [233 x 167] intentionally omitted <==

----- Start of picture text -----

Ron
Other2
Other1
-45%
2020 2023
----- End of picture text -----

Evolving technology roadmap

Target Ron 45% smaller than 2020 with 2023 products

影像感測技術發展for 自動化&機器人

Today Biz

In-cabin Robotics visual/audio visual/distance

==> picture [177 x 115] intentionally omitted <==

Human monitor motion

Next

Biz Key

・ Provide METAdata

• ・ - Edge completed -

• system (Non cloud)

Now Sensing Devises 2D/3D sensor DSP/ISP

• Supports the creation of METAdata required for customer use cases

==> picture [112 x 37] intentionally omitted <==

----- Start of picture text -----

New Products
----- End of picture text -----

Next

Sensing Solutions

==> picture [121 x 71] intentionally omitted <==

----- Start of picture text -----

ISP
Audio
----- End of picture text -----

• METAdata for customer use case

Required Key Tech

Hi-Response Edge Solutions

==> picture [135 x 106] intentionally omitted <==

----- Start of picture text -----

Sensing
Upgraded
METAdata
----- End of picture text -----

==> picture [99 x 13] intentionally omitted <==

----- Start of picture text -----

-
High accuracy
----- End of picture text -----

邊緣裝置與智慧生活的演進

Today Biz

20 years Power efficiency - class leading performance Be Smart ! - 15 years Human behavior Tough & high reliability

Be Smart !

Biz Key

Share growth Highly reliable IoT ・ Highly Root of Trust Market Size x2 Reliable for H/A ecosystem Source:Fuji Chimera ・ Design in to the More - high reliability inside New market 2020 2025 2030

==> picture [52 x 16] intentionally omitted <==

----- Start of picture text -----

Now
----- End of picture text -----

Inverter MCU

• Advanced inverter technology

• Expand to digital power market

==> picture [108 x 13] intentionally omitted <==

----- Start of picture text -----

Secure MCU
----- End of picture text -----

• High reliability with EAL 6+

==> picture [244 x 141] intentionally omitted <==

----- Start of picture text -----

New Products
～
2022
Secure MCU for IOT H/A
Root of Trust
H/A
----- End of picture text -----

• “security-key” management

Advanced ～ 2023 Key Tech Secure MCU + AI for health care Good

• Edge AI with high reliable security

邊緣裝置與物聯網for 智慧生活

Today Biz

- 20 years

leading performance

Next

Highly Reliable

Biz Key

• ・ Root of Trust for H/A ecosystem

Be Smart !

- 15 years

Tough & high reliability

More inside

・ - Design in to the - high reliability New market

Now

Next New Products

Advanced Key Tech

Inverter MCU

• Advanced inverter technology

• Expand to digital power market

Secure MCU

• High reliability with EAL 6+

Secure MCU for IOT H/A

==> picture [217 x 79] intentionally omitted <==

----- Start of picture text -----

Root of Trust
H/A
----- End of picture text -----

• “security-key” management

Secure MCU + AI for health care AI Good

• Edge AI with high reliable security

NTCJ業務及產品總覽

• 產品及技術符合市場趨勢

==> picture [878 x 362] intentionally omitted <==

----- Start of picture text -----

Core
Main Products
Market Trend Focus Area Technology
SOI and
Analog Design BMS
BMS & Motor Motor Driver
New Energy
LiB application CSP
Technology -
MOSFET 5G Module/RF GaN
Visual
Smart Image
Sensing Processing TOF sensor
mobility Solutions with AI Imaging LiDar DSP(Automotive)
Security and
Low Power Secure MCU IC card
Smart Life IoT
System
Knowledge Inverter MCU HDMI
----- End of picture text -----

18

© 2020 Nuvoton Technology Corporation Japan

新唐1H’21營運概況更新

19

新唐1H’21營運概況更新 (1)

==> picture [279 x 47] intentionally omitted <==

----- Start of picture text -----

MCU / Smart Home
----- End of picture text -----

• 發佈針對智能家電應用領域，推出具有觸控鍵和 LCD 界面之低功耗安全MCU

• 發佈針對5G基地站相關應用之MCU

• 持續擴大NSPxx Voice Prompt 之解決方案在音訊市場上的佔有率

• 針對工業應用，開發高處理能力之MPU (based on Arm® Cortex®-A35)

• 開發高性能低功耗之MCU for 2023年的需求音頻編解碼器 NAU88L25 拓展到 Google Chromebook Alder Lake 和 Japser Lake 平台

• 開發高度集成的音訊 MCU並提供單晶片解決方案 for耳機和遊戲控制器應用

• 開發工業級NSP2.0 語音提示解決方案，語音內容可通過BLE或WIFI更新

20

新唐1H’21營運概況更新 (2)

==> picture [348 x 47] intentionally omitted <==

----- Start of picture text -----

Cloud Security / Foundry
----- End of picture text -----

• 受惠居家工作、居家學習及居家娛樂等新業態，帶動整體PC 相關產品 (包括商務型/消費型筆 電、Chromebook 及遊戲用主機板) 強勁的需求

• 伺服器遠端管理控制晶片對企業及雲端網路客戶之出貨皆有所成長

• 開發適用於Intel和AMD新平台的Super I/O及EC

• 新一代高性能BMC開發進度如預期時程進行

• 電源管理IC之貢獻

• 開發Half bridge HVIC製程之新客戶

• 開發新一代BCD製程for DC/DC application

21

新唐1H’21營運概況更新 (3)

==> picture [400 x 47] intentionally omitted <==

----- Start of picture text -----

Component / Visual Sensing
----- End of picture text -----

• 將Nuvoton品牌使用在NTCJ可穿戴裝置上(CSP MOSFET)並開始出貨

• 發表CSP MOSFET新製程，適用於手機快充

• ADAS

• 先進駕駛輔助系統（ ）之車用訊息娛樂系統有所成長

• 基於 12nm Fin-FET 的大規模 SOC 已計劃量產用於圖像信號處理

• 發布用於製作攝影機8K大尺寸CMOS圖像感測器

==> picture [201 x 126] intentionally omitted <==

22

新唐1H’21營運概況更新 (4)

==> picture [659 x 47] intentionally omitted <==

----- Start of picture text -----

Battery and Analog Solutions / IoT with Security
----- End of picture text -----

• 首次以Nuvoton品牌發表工業級電池監控IC

• 在辦公室自動化市場和家電市場獲得多個馬達驅動IC訂單

• 用於車用電池監控 IC 的新型晶片，其電流監控 IC 支持準確估算單晶片系統

• For 家電應用，推出新型inverter control MCU具有120MHz性能、512k bytes 指令記憶體和安全 功能

• 為 PC 和電纜應用開發具有 40Gbps 性能的 USB4 Re-Timer

==> picture [241 x 113] intentionally omitted <==

23

Questions & Answers

Company website Nuvoton: www.nuvoton.com

24