SYM — Investor Presentation 2018

Aug 27, 2018

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Sanyang Motor Co., Ltd. Investor Conference, 2018

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Disclaimer Statement

• This document is provided by Sanyang Motor Co., Ltd.(the “Company”). Except for the numbers and information included in the Company's Financial statements, the information contained in this document has not been audited or reviewed by any accountant or independent expert. The Company makes no express or implied representations or warranties as to the fairness, accuracy, completeness, or correctness of such information or opinions. This document is provided as of the date herein and will not be updated to reflect any changes hereafter. The Company, its affiliates and their representative do not accept any responsibility or liability for any damage caused by their negligence or any other reasons, nor do they accept responsibility or liability for any loss or damages arising from the use of this document or the information contained herein or anything related to this document.

• This document may contain forward-looking statements, including but not limited to all statements that address activities, events or developments that the Company expects or anticipates to take place in the future based on the projections of the Company toward the future, and various factors and uncertainness beyond the Company's control. Therefore, the actual results may differ materially from those contained in the forward-looking statements.

• This document is not and cannot be construed as an offer to purchase or sell securities or other financial products or solicitation of an offer.

• The copyright of this document is owned by the Company and/ or our affiliates and may not be directly or indirectly reproduced, redistributed or forwarded to any other person and may not be published in whole or in part for any purpose.

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Agenda

Time	Agenda	Speaker
10:00~10:15	Opening	Director Ren-Hao Tian
10:15~10:45	Result of Operations and Business, and Financial Performance for the First Half Year of 2018	Director Ren-Hao Tian
10:45~11:00	Q&A	Director Ren-Hao Tian

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Result of Operations and Business
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Consolidated Revenue H1 2018

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Consolidated + 87 million Motorcycle + 472 million +472 百萬元
20,000 合倂營收 Revenue +87 + 0.54% 百萬元 12,000 機車營收淨額 Revenue + 4.63 % +4.63%
+0.54%
10,000
15,000
8,000
16,190 6,000 10,659
10,000
10,187
16,103 4,000
5,000
2,000
0
0
2017 H1 2018 H1
2017 H1 2018 H1
7,000 汽車營收淨額 Automobile - 380 million -380 百萬元 500 其他營收淨額 Revenues Other - 5 million - 1.23 % -5 -1.34% 百萬元
6,000 Revenue - 6.90 % -6.90%
400
5,000
300
4,000
5,508 408
3,000 200 403
5,128
2,000
100
1,000
0 0
2017 H1 2018 H1 2017 H1 2018 H1
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Consolidated Unit Sales H1 2018

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+ 17,049 Units +17,049 台 Automobile
300,000 Motorcycle 7,000
機車銷售台數 +7.14% + 7.14% 汽車銷售台數 Unit Sales -304 Units -304 台
Unit Sales -
-5.08% 5.08 %
6,000
250,000
5,000
200,000
255,846
4,000 5,988
150,000
3,000
5,684
100,000 238,797
2,000
50,000
1,000
0 0
2017 H1 2018 H1 2017 H1 2018 H1
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Unit Sales of Motorcycle Global Market, H1 2018

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350,000
機車全球銷售台數 Global Sales of + 17,049 Units +17,049 台
300,000 Motorcycle + 7.14% +7.14%
250,000
200,000
255,846
150,000
100,000
238,797
50,000
0
2017 H1 2018 H1
120,000 台灣內銷台數 Unit Sales + 4,500 Units +4,500 台 200,000 全球外銷台數 Unit Sales +12,549 Units +12,549 台
Taiwan + 5.00% +5.00% Export +8.43% +8.43%
100,000
150,000
80,000
60,000 100,000
94,500 161,346
40,000 90,000
50,000 148,797
20,000
0 0
2017 H1 2018 H1 2017 H1 2018 H1
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Unit Sales of Motorcycle Taiwan Market, H1 2018

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500,000 Total - 26,744 Units -26,744 台 100,000 Sanyang - 1,756 Units -1,756 台
機車末端總市場 End-Sales Market - 6.33 % -6.33% 三陽末端銷售 End-Sales Units - 2.05 % -2.05%
400,000 80,000
300,000 60,000 85,520
422,515
83,764
200,000 40,000
395,771
21.16%
100,000 20,000
20.24%
0
0
2017 H1 2018 H1
2017 H1 2018 H1
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Unit Sales of Automobile Taiwan Market, H1 2018

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Total + 5,054 Units +5,054 台 Sanyang - 295 Units -295 台
250,000 汽車末端總市場 End-Sales Market + 2.33% +2.33% 7,000 三陽末端銷售 End-Sales Units - 4.91 % -4.91%
6,000
200,000
5,000
222,197
150,000 4,000 6,004
5,709
3,000
100,000
217,143
2.76%
2,000
2.57%
50,000
1,000
0 0
2017 H1 2018 H1 2017 H1 2018 H1
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Financial Performance

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Consolidated Statements of Comprehensive Income (Amount: NT$ Thousand)

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Consolidated Balance Sheets

(Amount: NT$ Thousand)

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Q & A