新揚科技(ThinFlex) professional manufacturer of polyimide based Flexible Copper Clad Laminates 2018.3.16

三、Future development plan Outline 一、Company profile 二、2017.1Q~Q3 Results 三、Future development plan

Company profile ThinFlex TopFlex Founded : 2000.06.02 IPO : 2004.12.24 Chairman ： Canon Huang CEO ： Jay Wu Capital ： NT$ 1,000 Million Major Products ： 1. 2Layer S/S & D/S FCCL 2. Coverlay、Bonding sheet ThinFlex TopFlex ISO/TS 16949:2009 certified

Calendar year profit and dividend 單位：新台幣元 年份 2012年 2013年 2014年 2015年 2016年 EPS 2.18 2.17 2.31 1.24 1.10 Stock Dividends 0.85 - Cash Dividends 0.15 1.50 0.80 0.70 Total Dividends 1.00 Payout Ratio 46% 69% 65% 64%

新揚科技 (2017.1Q~Q3 Results) professional manufacturer of polyimide based Flexible Copper Clad Laminates (2017.1Q~Q3 Results) 2017.01.09 2017 Q2 We Thin Your Flex

Business Summary 單位：新台幣百萬元

EPS & ROE 單位：新台幣元，%

3Q 2017 Income statement (consolidated) 變動率 Unit：NTD Thousand 金額 % Revenues 1,897,293 100 1,613,976 17.55 Cost of goods Sold 1,534,770 81 1,342,114 83 14.35 Gross Profit 362,523 19 271,862 17 33.35 Operating Expenses 175,924 9 151,172 16.37 Operating Income 186,599 10 120,690 7 54.61 Non-Operating Income and Expenses (25,164) (1) (50,369) (3) (50.04) Income before Income Tax 161,435 70,321 4 129.57 Income Tax Expenses 27,730 1 14,205 - 95.21 Net Income 133,705 56,116 3 138.27 Shareholders of the parent Minority interests EPS (NT$) 1.33 0.56

2013~3Q 2017 Balance sheet (consolidated ) Unit：NTD Thousand 2013.12.31 2014.12.31 2015.12.31 2016.12.31 2017.9.30 Cash & Short-Term Investment 340,224 494,480 318,528 357,735 426,351 Account Receivable 904,518 1,223,402 928,216 1,317,147 1,422,103 Current Assets 1,730,732 2,405,871 1,693,341 2,007,563 2,256,686 Current Liabilities 1,086,960 1,649,290 913,507 1,224,702 1,324,715 Ling-Term Liabilities 197,425 139,771 192,500 108,628 170,484 Shareholders' Equity 1,323,532 1,416,922 1,344,679 1,338,045 1,393,991 Total assets 2,640,176 3,232,220 2,470,974 2,671,375 2,889,190 Book Value Per Share (NT$) 12.70 13.67 13.36 13.30 13.85 Current Ratio 159.23% 145.87% 185.37% 163.92% 170.35% Debt Ratio 49.87% 56.16% 45.58% 49.91% 51.75%

(Future development plan) 新揚科技 professional manufacturer of polyimide based Flexible Copper Clad Laminates (Future development plan) 2017.01.09 2018.3.16 We Thin Your Flex

Capacity Unit : SM / month We Thin Your Flex

Product mix (by revenue) We Thin Your Flex

Product mix (by design) We Thin Your Flex

Product mix (by application) We Thin Your Flex

market trend II 2017 2018 rear camera 4-6L R-F LK front camera 4L R-F OLED display 5L R-F OLED touch 4L FPC ★★ battery LCD display/ touch 2-3L FPC LED /microphone 2L FPC FPC proximity (ID) sensor wireless & others 1-2L FPC 5G LTE antenna 4L LCP total # R-F >5 >4

ThinFlex solution for hi speed fpc 4L hi speed FPC design Current design ThinFlex design EMI ○ VEM Coverlay PI X V, VB, VLK AD FRCC-LK Cu Special Cu LK-1.0， LK-2.0 BS VLK DS W, W+, LK-1.0, LK-2.0 Note： ○：available in the market；X：not available ThinFlex design：(RED) available；(BLACK) in progress

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