TMC — Investor Presentation 2023

Dec 27, 2023

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2023年法人說明會

Dec.27,2023

免責聲明

• 本簡報資料所提供之資訊，包含產業前景與營運展望。這些前景展望可能因不確定的 風險與假設等不同狀況而導致實際結果可能與先前預期有重大出入。針對這些風險、 不確定性與假設等不同狀況，本簡報資料中的營運展望可能不會依預期發生。讀者不 應完全依賴此展望資訊。

• 台灣光罩股份有限公司(本公司)已儘可能確保本簡報資料為正確無誤且並無遺漏與過 時，此外，除法令要求外，本公司並無義務因應新資訊的產生或未來事件的發生，主 動更新對未來展望的表述，且若投資人對本簡報資料任何內容或因倚賴該等內容所採 取行動，而直接或間接引致之任何損失概不負責。

• 未經本公司許可的情況下，不可複製、修改、重新編譯、刪減或傳送本簡報任何內容， 或將任何該等內容用於商業用途。

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Proprietary 2023

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議程

• 歡迎致詞

• 營運成果及業務展望

• 財務資訊

• 提問與討論

台灣光罩

陳立惇總經理

楊貽婷財務長 參與人員

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營運成果 及業務展望

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營運成果

• Global situation is VUCA. TMC react proactively.

 2023: Mask business increased. Group facing challenge.

• 2024: Mask and Group growth.

• Most of key tools are available. Invest on going.

• Capacity: >200pcs/day. > 55nm in production. 40nm qualifying. Demand is stable.

• 2023 subsidiaries and projects are progressing good.

• Xsense turning positive. Steel process moves forward. Pilot steps in new energy.

• Reinforce ESG activity

• Roadmap of RE (50 and 100). Social support in specific area

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Proprietary 2023

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全球半導體概況

Headwind in 2023, 2[st] half, ’24 Recover

Source from: Gartner, Sep, 2023

In M$US

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SEMI

Mask

• Inflation, interest %, inventory

• Merchant took 37%

• Economic of US and China

• Competition from China

• Geopolitics, war

• Geopolitics

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全球半導體概況 Segments recovering in 2024

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

Smartphone
3%
2022 2023 2024
-7%
-11%
Server
6%
2%
0%
2022 2023 2024
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PC
7%
2022 2023 2024
-13%
-28%
EV
103%
34% 36%
2022 2023 2024
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Source: Nov, 023 MIC

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台灣光罩集團

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Semiconductor
ESG, Sustainable
TMC
Smart Manufacturing Group
MTC
TMC Innova YC
Foundry Program
Mask Contact Lens Investment
Services S. Steel
100% 92% 100%
100%
Xsense Aptos DCT
Submont Package 3D print
53% 47% 57%
Pilot Moment
• Business Energy Memory
• TMC Share % 58% 53%
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台灣光罩業務分析 2 (1/ ) Healthy and Stable

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• Major in TWN or Asia

• Mainstream application

• Foundries dominated

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台灣光罩業務分析 2 (2/ ) Ramp and Grow Up

In 100M$NT

Group

• Pilot and Moment join

• Xsense and Innova ramp

• New projects production

TMC

• CapEx: 3-4 B$NT @’24

• ASP: + 12%

• Qty: +17%

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財務資訊 (2023)

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合併營收

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TMC	46%	49%	49%	55%	61%	57%	51%	53%
MTC	41%	39%	37%	33%	26%	22%	19%	21%
APTOS	11%	8%	10%	7%	5%	5%	14%	5%
Xsense	2%	3%	3%	2%	5%	9%	10%	12%
DCT	0%	0%	0%	1%	0%	0%	0%	1%
INNOVA	1%	1%	1%	1%	1%	1%	2%	2%
Pilot	N/A				0%	0%	0%	1%
Moment	N/A				2%	6%	4%	5%

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合併毛利率

UNIT:NT$M
				Gross Profit		Gross	Margin
700										35%
		31%
600			26%	27%	27%		26%	26%		30%
500	24%								24% 23~24%	25%
400										20%
300										15%
200										10%
100										5%
0										0%
	Q1 22	Q2	Q3	Q4	Q1 23		Q22	Q33	Q4 (F)

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合併綜合損益表-QoQ

NT$ M 營業收入 營業成本 營業毛利 毛利率 營業費用 營業費用率 營業利益 營業利益率 營業外收入(支出) 稅前淨利 本期淨利 EPS(NT$) 本業EPS	3Q 112 1,955 -1,456 499 25.5% -320 -16.4% 179 9.2% -224 -45 -86 -0.40 0.84		2Q 112 1,799 -1,327 472 26.2% -308 11.5% 164 14.7% -36 128 100 0.49 0.80	3Q 111 2,068 -1,526 542 26.2% -238 -11.5% 304 14.7% 224 528 600 2.93 1.49	QoQ Amount % 156 9% 129 10% 27 6% -0.7pps 12 4% 4.9pps 15 9% -5.6pps -188-522% -173-135% -186-186% -0.89 0.04	YoY Amount %
						-113 -5%
						-70 -5%
						-43 -8%
						-0.7pps
						82 34%
						4.9pps
						-125 -41%
						-5.5pps
						-448-200%
						-573-109%
						-686-114%
						-3.33 -0.65

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合併綜合損益表

NT$ M 營業收入 營業成本 營業毛利 毛利率 營業費用 營業費用率 營業利益 營業利益率 營業外收入(支出) 稅前淨利 本期淨利 EPS(NT$) 本業EPS	112 1/1-9/30 5,318 -3,919 1,399 26.3% -865 -16.3% 534 10.0% -232 302 223 1.07 2.57		111 1/1-9/30 5,770 -4,207 1,563 26.2% -616 -11.5% 947 14.7% -984 -37 22 0.10 4.51	YoY Amount %
				-452 - 8%
				-288 -7%
				-164 -10%
				0.1pps
				249 40%
				4.8pps
				-413 -44%
				- 4.7pps 752 76%
				339 916%
				201 914%
				0.97 -1.94

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營業外收支

300 200 Gain (loss) on disposal of investment 100 Dividend income 0 Financial costs Q1 Q2 Q3 YTD (100) Gain (loss) on foreign exchange (200) (300) Others (400) (500)

	Q1	Q2	Q3	YTD
Gain (loss) on disposal of investment	88	(81)	(216)	(209)
Dividend income	0	94	0	94
Financial costs	(57)	(73)	(81)	(211)
Gain (loss) on foreign exchange	(6)	21	21	36
Others	3	3	52	58
合計	28	(36)	(224)	(232)

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2023年第四季業績展望

基於目前對營運展望的假設

 合併營收

• 合併營收預期微幅下降，約介於新台幣18億到19億元之間

 營業毛利

• 營業毛利率約介於23%到24%之間

 營業利益

• 營業利益約介於9%到10%之間

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Q & A

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