WT — Investor Presentation 2026

May 27, 2026

WT MICROELECTRONICS 文匯科技

2026 First Quarter Investor Conference

May 7, 2026

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Safe Harbor Statement

• WT's forward-looking statements, which may include statements regarding its results of operations, financial condition or business prospects, are subject to significant risks and uncertainties and are based on WT's current expectations.
• Actual results may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons, including, among other things: the cyclical nature of our industry; our dependence on introducing new products on a timely basis; our dependence on growth in the demand for our products; our ability to compete effectively; our dependence on key personnel; general economic and political conditions; possible disruptions in commercial activities caused by natural and human-induced disasters, including terrorist activity and armed conflict; and fluctuations in foreign currency exchange rates.
• In addition, any financial information contained here within is presented in conformity with Taiwan International Financial Reporting Standards (T-IFRSs).
• Except as required by law, our release of financial forecasts and forward-looking statements at any particular time does not create any duty of disclosure, and we expressly disclaim any obligation to publicly update or revise any forecasts or forward-looking statements, whether as a result of new information, future events or otherwise.

WT Microelectronics

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Agenda

1. Company Overview
2. Financial Update
3. Market Outlook
4. Business Outlook
5. Q&A

3

WT Microelectronics

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1. Overview

| REACH | 43
Countries & Regions | 160+
Locations | 7,000+
Employees |
| --- | --- | --- | --- |
| RANKING | Top 1 Globally
With 15.1% market share^{1} | Top 1 in APAC
With 17.0% market share^{1} | |
| PRODUCT | Access to
400+ Suppliers | Comprehensive portfolio of
semiconductor and IP&E^{2} products | |
| CUSTOMER | 25,000+
Customers | End-to-end global coverage
across tier-one and mass market customers | |
| MANAGEMENT | Global leadership and talent pool,
dual-headquartered in Taipei and Montreal | | |
| ESG | Top 7% among 408 ITC Electronic Equipment, Instruments & Components Companies in
S&P ESG Rating
Top 5% among all listed companies for the sixth consecutive year in TWSE Corporate
Governance Evaluation
Constituent stocks of the FTSE4Good TIP Taiwan ESG Index (TWSE) | | |

Notes:
1. Source: Gartner, 2026/2
2. IP&E stands for Interconnect, Passive and Electromechanical, the non-active components in an electronic system.

WT Microelectronics

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2. Financial Update

1Q26 Statement of Comprehensive Income
Unit: NT$M

Key accounts	1Q26	4Q25	QoQ	1Q25	YoY
	Amount	Amount		Amount
Net Operating revenues	494,273	342,087	44%	247,424	100%
Gross profit	17,044	12,794	33%	11,321	51%
Gross margin	3.45%	3.74%		4.58%
Operating expenses	(7,100)	(6,802)	4%	(6,751)	5%
Operating profit	9,944	5,991	66%	4,570	118%
Operating margin	2.01%	1.75%		1.85%
Net financing costs¹	(1,045)	(1,034)	1%	(1,161)	-10%
Others	124	191	-35%	92	35%
Earning before tax	9,022	5,148	75%	3,501	158%
Income tax expense	(2,027)	(950)	113%	(790)	157%
Profit attributable to owners of the parent	7,009	4,191	67%	2,707	159%
Basic EPS (in dollars)²	5.32	3.46	54%	2.42	120%
Weighted average shares (M shares)	1,264	1,212		1,119
EPS based on period end outstanding shares (in dollars)	5.30	3.31	60%	2.41	120%
Outstanding shares as of period end (M shares)³	1,269	1,265		1,121

Note :
1. Net financing cost represents total financing cost less interest income
2. 1Q26 EPS was deducted with dividends for preferred shares totaling approximately NT$286mn. Pro forma EPS before deducting dividends for preferred shares would be NT$5.55 per share.
3. Including outstanding RSA (employee restricted stock awards)

WT Microelectronics

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2. Financial Update

Balance Sheet
Unit: NT$M

Key accounts	1Q26		4Q25		1Q25
	Amount	%	Amount	%	Amount	%
Cash and cash equivalents	38,481	6	28,139	5	43,518	10
Accounts receivable	275,118	41	170,018	32	148,306	34
Inventory	263,857	39	259,760	49	171,394	40
Other current assets	32,160	4	6,160	2	9,243	2
Non-current assets	64,544	10	63,482	12	59,749	14
Total Assets	674,160	100	527,560	100	432,210	100
Short-term loans	59,918	9	35,300	7	49,881	12
Accounts payable	411,010	61	317,278	60	209,694	49
Other current liabilities	50,539	7	17,398	3	17,590	3
Long-term loans	23,440	3	23,681	4	42,171	10
Bond payable	10,778	2	10,702	2	0	0
Other liabilities	5,485	1	5,262	1	4,891	1
Total Liabilities	561,170	83	409,622	78	324,227	75
Total Equity	112,990	17	117,938	22	107,983	25
Key Credit Metrics	1Q26		4Q25		1Q25
Net debt^{1}	55,655		41,545		48,534
Current ratio	117%		125%		134%
Liabilities/Equity ratio	497%		347%		300%
Net gearing ratio^{2}	49%		35%		45%
Net leverage^{3}	2.0x		1.9x		2.6x

Note:
1. Including convertible bonds issued in Nov 2025
2. Net gearing ratio = net debt divided by shareholders' equity attributable to owners of the parent.
3. Net leverage is calculated as net debt divided by LTM (trailing 12-month) EBITDA.

WT Microelectronics

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2. Financial Update

Unit: NT$M

Revenue vs GPM

OP vs OPM

OPX vs. OPEX ratio

Note :
1. Pro forma EPS before deducting dividends for preferred shares

EPS (NTD)

WT Microelectronics

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2. Financial Update

Operating Cash Cycle

Note:
1. AR days = quarterly average account receivable divided by annualized quarterly sales
2. Inventory days = quarterly average inventories divided by annualized quarterly cost of sales
3. AP days = quarterly average account payable divided by annualized quarterly cost of sales
4. Operating cash cycle = AR days + Inventory days – AP days

WT Microelectronics

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2. Financial Update

ROWC vs. NWC/Sales

Note :
1. NWC/Sales ratio is calculated by quarter-end net working capital divided by annualized quarterly sales.
2. ROWC is calculated by annualized quarterly operating profit divided by quarter-end net working capital.

WT Microelectronics

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2. Financial Update

ROE vs. Equity

Unit: NT$M

Note:
1. ROE is calculated by annualized quarterly net profit divided by quarter-average shareholders' equity attributable to owners of the parent.

WT Microelectronics

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2. Financial Update

We currently expect 2Q26 :

> At an exchange rate assumption of 31.6 NT Dollars to 1 US Dollar

Unit: NT$M

Item	2Q26	1Q26
	Forecast	Amount
Revenue	560,000 ~ 590,000	494,273
Gross Profit	18,088 ~ 19,647	17,044
Gross Margin	3.23% ~ 3.33%	3.45%
Operating Expenses	6,888 ~ 7,257	7,100
Operating Profit	11,200 ~ 12,390	9,944
Operating Margin	2.00% ~ 2.10%	2.01%
Profit Before Tax	9,616 ~ 10,806	9,022
Profit attributable to owners of the parent	7,628 ~ 8,572	7,009
EPS (NT$)	6.03 ~ 6.78	5.32
Weighted average shares (M shares)	1,265	1,264

WT Microelectronics

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3. Market Outlook

Well-positioned to Address a US$1+ Trillion Market Opportunity

World Semiconductor Revenue Forecast

World IP&E Market Revenue Forecast

Semiconductor market forecast revision:

Semiconductor Market 2025-29F CAGR (vs. previous forecast)
✓ +17.1% (vs. +13.6%)

Semiconductor Market (Non-Memory) 2025-29F CAGR (vs. previous forecast)
✓ +14.1% (vs. +13.6%)

WT Microelectronics

Source: Gartner, 2026/3 and 2025/12; Precedence Research, 2025/11

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3. Market Outlook

Global Semiconductor Market Forecast by Application

(US$ Billion)

2025-29F semiconductor revenue CAGR by application (vs. previous forecast):

• ☑ Automotive: +8.4% (vs. +7.9%)
• ☑ Industrial: +14.1% (vs. +11.5%)
• ☑ Communication: +9.1% (vs. +9.7%)
• ☑ Datacenter & Server: +28.4% (vs. +25.7%)
• ☑ Consumer: +9.3% (vs. +6.9%)
• ☑ PC and Peripherals: +13.1% (vs. +6.8%)
• ☑ Mobile Phone: +9.5% (vs. +3.7%)

WT Microelectronics

Source: Gartner, 2026/3 and 2025/12

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4. Business Outlook

1Q26 Revenue Breakdown by Application

• Automotive
• Communication
• Consumer and Others¹

• Mobile Phone

• Industrial and Instrument

• Datacenter and Server
• PC and Peripherals

Note:
1. "Others" include sales that have not yet been categorized.

QoQ – 1Q26 (Right) vs. 4Q25 (Left)
YoY – 1Q26 (Right) vs. 1Q25 (Left)

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WT Microelectronics

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Q & A

WT Microelectronics
Website : www.wtmec.com
The BEST Distribution Partner

WT Microelectronics

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Thank You!

WT Microelectronics
Website : www.wtmec.com
The BEST Distribution Partner

WT Microelectronics