1. Pioneering Global Micro LED Technology

2. Executive Summary
We are the World No.1 LED signage display driver IC supplier
Innovation in technology and business model is part of our DNA.
We believe Micro LED will dominate the next generation of display technology.
We intend to transform into a leading Micro LED solution provider for multiple product segments.
Given the dual trends of migration to fine pitch displays and increasing penetration of Micro LED, we are committed to having sound growth for next three years. 2

3. Agenda Company Overview01
Company Overview 02
Micro LED – The next disruptive display technology & MBI strengths
Agenda 03
Growth Strategy and Goal 04
Financial Summary 3

4. 1
Company Overview 4

5. MBI – The LED Driver IC Expert
As a mixed-signal IC design house, we specialize in power management and opto-electronic ICs for the LED display market with No.1 market share in fine-pitch display driver IC market.
Founded in June, 1999.
No. of employees: +180
Listed on Taipei Exchange in Oct., 2007.(3527 TT)
Market cap:US$80mn
Major products: LED Display Driver IC 5

6. Technology Innovation
MBI’s 13% R&D intensity is the highest among peers
Highest R&D intensity
and
200+patents*
LED Display
Commercial Display
Traffic Sign /VMS
Micro LED Display
LED Architecture
LED Mesh
LED Strip
LED Cluster
LED Lighting
LED Wall Washer
Flat Panel Lighting
Spot Light
Automotive Lighting
Interior Car Lights
Indicator Lights
Head/Tail Lights
*167 approved, 35 pending 6

7. Fine Pitch LED Display Market
Unit： RMB 100M
Growth Rate(%)
Normal Indoor Display
High End TV/Display
Professional Indoor Display
Cinema Display
Meeting and Education
Market size (YoY)
109 50
Fine-pitch LED display application are driven by concert, meeting, cinema
CAGR 14’-18’ is more than 110%，the expected demands are growing and expanding
TAM in 2020 will reach the size of 32 billion RMB
Source：BOC International Research(2014/9) 7

8. Indoor Fine-Pitch LED Applications
Control Room
Church Service
TV Station
Concert
Auto Show
Best effect for viewers with no display bezel
High color saturation with single pixel correction function provides best viewing quality
The better quality solution from fine-pitch beside existing DLP and LCD solutions.
Source： MBI’s clients product；Internationale Automobil-Ausstellung,IAA(2016) 8

9. 2
Micro LED
The Next Disruptive Display Technology & MBI Strengths 9

10. Micro LED Footprint is 99% Smaller than Traditional LED
𝟏 𝟏𝟎𝟎 10

11. Micro LED is the Next Disruptive Display Technology
Micro LED display has simple architecture and overwhelming advantages:
Longest life span
Quickest response
Highest brightness
Lowest power consumption
No image sticking
Highest pixel per inch
Micro LED
OLED
LCD
Type
Self-emissive
Backlight / LED
Contrast Ratio ∞
5000 : 1
Life Span
Long
Medium
Response Time ns μs ms
Image sticking No
Yes -
Lowest Working
Temperature
-100~120℃
-30~85℃
-40~100℃
Viewing
angle
Wide
(close to 180°)
Narrow
Film or Glass
RGB Micro LED
Electrode
Substrate
Micro LED
Polarizer
Encapsulation
Electrode
EIL / ETL
Organic Light-emitting Layer
HTL / HIL
Substrate
OLED
Liquid Crystal
Glass Substrate
Color Filter
Backlight Module
TFT LCD
*Source: LEDinside, Morgan Stanley Research 11

12. MBI Core Strengths Match Current Trends in Micro LED Development
MBI is leveraging its core competencies to move into Micro LED
MBI display driver IC, module, system solutions, channel and services
Indoor display trending towards Mini/Micro LED-equivalent pitch
Requires the development of precision die control and integrated Ics
New market Application
Mobile/TV with local deeming, HDR are new field of LED industry
Core Competency
Driver IC
Micro LED
Display
Module
System
Sales
Channel
Client
Service
Fine pitch display migration *
*Mini/Micro LED-equivalent pitch 12

13. Micro LED to Expand MBI Addressable Markets
2018: Mini LED
2019 and beyond: Micro LED
Smartphone
Display
Public Display
Wearable/AR/VR
TV Display
US$5.0bn Market
US$175mn
Driver IC Market
US$41.3bn Market
US$430mn
Driver IC Market
US$46.6bn Market
US$490mn
Driver IC Market
Backlight unit
5~10x* addressable market for MBI
*5~10x assuming 30~70% Micro LED penetration rate of display market 13

14. 3
Growth Strategy and Goal 14

15. Core Business Will Continue to Grow with Industry Move to Fine Pitch Display
Fine pitch display driver IC
Fine pitch display market to grow from US$789mn to US$1,350mn, +14% CAGR*.
Customized IC solutions for cost or performance driven clients.
Next generation generic driver IC
Innovation of driver IC technology: triple channel count. Better performance and easy design.
Provide advanced display performance.(HDR10)
IoT display/lighting system
Sensor, big data, error detection and failure prediction for display and lighting.
Integration of IoT function for interactive smart display
*Source: ABI Research 15

16. Smart Display Lighting IoT Embedded System Sensor Communication Cloud
Big data
Gathering data
Upload data
Storage
Analysis
Lighting
Smart Display 16

17. MBI Micro LED Projected Milestones, 2017-18
MoEA Micro LED A+ project
Product Launch, Application and Sales
2017
1H17: Project kick-off
Set up Micro-assembly line
Developed integrated driver IC
Developed backplane
2H17: Developed optical molding
2018
1H18: Global events
Feb. ISE Netherlands
Apr. InfoComm Beijing
Jun. InfoComm Vegas
2H18: Module sales contribution
4Q18 display product launch
Ship mini LED backlight driver IC
Display module sales contribution in 2H18
Mid-2018: Mini LED mass transfer production 17

18. MBI Micro LED Projected Milestones, 2019-2021
MoEA Micro LED A+ project
Product Launch, Application and Sales
2019
1H19: Project complete
Mid-2019 for Micro LED mass transfer production
1H19: Mini LED sales from backlight driver IC
2H19: More Mini LED backlight IC functions including local dimming/HDR for mobile/TV
2020
MBI internal
Micro LED R&D
1H20: Micro LED sales from IC/module/system
2H20: Micro LED applications for wearable displays: smart watch/VR/AR
2021
and beyond
2021~ Micro LED penetrate into mobile display
2022~ More Micro LED application for large size TV 18

19. 4
Financial Summary 19

20. Consolidated Revenue & Gross Margin (2016Q1-2018Q1)
NTD (thousand) 20

21. Consolidated Income Statement - QoQ21

22. Consolidated Income Statement -YoY22

23. Working Capital
NTD (thousand) 23

24. THANK YOU 24