Far Eastern New Century Corporation · TWSE:1402
Far Eastern New Century — 3Q26 Cathay Securities Conference (August 2026)
35 slides from Far Eastern New Century's conference presentation, Aug 24, 2026
Slide 1: Far Eastern New Century (TWSE: 1402) IR Publication
IR Publication August 2026 Dow Jones Best-in-Class Emerging Markets Index MSCI Selection Index FTSE4Good Emerging Index TWSE CG 100 Index Far Eastern New Century (TWSE: 1402)
Slide 2: Contents
Contents Company Overview Production Business Property Development Business Investment Business Financials ESG & Recent Achievements Appendix 2
Slide 3: FENC’s Three Key Businesses
FENC’s Three Key Businesses Established 1954 / 30,498 employees Strategic summary Asset allocation Consolidated revenue (FENC has a consistent dividend policy) (6/30/2026: NT$ 690B) (1H26: NT$ 131B ) Book value per share: NT$ 43.5 2025: NT$ 254B Production Transformation 32% 52% Go green Local to lo
Slide 4: 2030 New Goal
2030 New Goal GHG Emissions Green Product Green Raw Materials AI 50% 50% 50% + Reduction of Total Production of Sourcing Robot Reducing GHG emissions through energy efficiency, alternative low-emission fuels, renewable energy, raw material transition and CCUS (carbon capture, utilization and storage
Slide 5: Contents
Contents Company Overview Production Business Property Development Business Investment Business Financials ESG & Recent Achievements Appendix 5
Slide 6: Three Pillars Driving Sustainable Growth
Three Pillars Driving Sustainable Growth 1. Vertical Integration 2. Operational Resilience 3. AI & Innovation In response to global warming and the carbon reduction movement, FENC Polyester Business has passed the Science Based Targets initiative (SBTi) for its GHG emissions reduction pathway. Align
Slide 7: Agile & Resilient Glocalization Strategy
Agile & Resilient Glocalization Strategy Enabling flexible operations and minimizing tariff exposure through a diversified global footprint. 6 7 2 1 3 5 4 Abbr. Polyester Staple Fiber(PSF) High Tenacity Polyester Yarn (HTY) 1 Taiwan 2 China ASEAN Countries 6 Japan Annual capacity (Current) 3 Vietnam
Slide 8: Pioneering Waste-to-Value Polyester Solutions
Pioneering Waste-to-Value Polyester Solutions FENC, a decades-long innovator in sustainability, transforms land, sea, and air waste into breakthrough solutions for a greener future. 2010 2021 Now Functional Apparel Food Packaging Lifestyle Automotive adidas Decathlon H&M Asahi Coca -Cola Colgate Has
Slide 9: A World Leading Recycled PET Supplier
A World Leading Recycled PET Supplier A leading polyester recycling company Closed-loop business model FENC has invested heavily in the R-PET industry since 1988 in Initially developed in Japan, the model has also been implemented and Taiwan and then globally. Production sites are in Taiwan, China,
Slide 10: Commercializing Circular Footwear Materials
Commercializing Circular Footwear Materials TOPGREEN® rTPEE ─ River tracing shoes Function Design • Turning lab technology into real products: FENC commercializes high-performance rTPEE materials, enabling PET waste to be transformed into footwear midsoles at industrial scale. • Single-material foot
Slide 11: R-PET Market Demand Outlook
R-PET Market Demand Outlook Post-Consumer Recycled (PCR) Resin has/will become a mandatory element of Regulations will push up the demand for R-PET, plastic bottles in many places but the limited supply of collected, recycled PET bottles will accelerate the development of textile to textile to meet
Slide 12: Contents
Contents Company Overview Production Business Property Development Business Investment Business Financials ESG & Recent Achievements Appendix 12
Slide 13: Property Development Business – Major Landholdings
Property Development Business – Major Landholdings Investment properties (at fair value) : NT$ 131B as of Jun 30, 2026 Total land bank: ~190k pings (629k sqm) Taipei Far Eastern Plaza Taishan & Wugu Core Site: FE Group 5G-enabled Smart Logistics center Tenant: Banqiao Taipei Far Eastern Telecom Park
Slide 14: Taipei Far Eastern Telecom Park (Banqiao)
Taipei Far Eastern Telecom Park (Banqiao) Developed area Developing area Developing area • Sole property ownership: Enabling strategic planning and long-term operations. (2008-2025) (2026-2030) (after 2030) • Unified master plan: Distinct zones for offices, residential, medical, and retail. • Three
Slide 15: Asia’s First Double Platinum Excellence
Asia’s First Double Platinum Excellence WiredScore Platinum SmartScore Platinum Universal Language: Translating Tpark’s infrastructure into an internationally recognized standard. Leasing Efficiency: Streamlining the evaluation process and eliminating uncertainty for MNC headquarters. Beyond Space:
Slide 16: Green Building Development and Certifications
Green Building Development and Certifications Tpark is the 1st LEED Campus in Taiwan. (Note) LEED= Leadership in Energy and Environmental Design (a green building certification program used worldwide). ECO PARK (Sold out) Green Building Certification TPK-D (Rented) (Taiwan) - Silver • Green Building
Slide 17: ECO PARK A+: Now Selling
ECO PARK A+: Now Selling ECO PARK Two towers each 27 stories ECO PARK A+ Total GFA around 15k pings 17
Slide 18: Neili (Taoyuan City) New Land Development Plan
Neili (Taoyuan City) New Land Development Plan • Target: An integrated district tailored for residential zones, a commercial zone, a medical zone and green parks • Size: ~30k pings (99k sqm) • Status: application for urban regeneration approval was submitted to the Taoyuan City Government in 2020. •
Slide 19: Contents
Contents Company Overview Production Business Property Development Business Investment Business Financials ESG & Recent Achievements Appendix 19
Slide 20: Investment Portfolio - Listed Companies
Investment Portfolio - Listed Companies (NT$ million) Holdings Book value Market value Accounting Stock code Investees (%) (2026.6.30) (2026.8.13) method 4904 TT Far EasTone Telecommunications 33% 29,041 117,713 Consolidated entity 1102 TT Asia Cement 27% 32,611 30,843 Equity method 2903 TT Far East
Slide 21: Contents
Contents Company Overview Production Business Property Development Business Investment Business Financials Recent Achievements & CSR Appendix 21
Slide 22: 1H26 Highlights
1H26 Highlights 1H26 EPS Earnings Breakdown 1 Production Business Returns to Profitability in 2026 NT$1.15 +74% YoY 2Q26 operating profit reached NT$1.1B, highest quarterly result since 2Q22 (vs. NT$1.2B loss in 2025). Supply disruptions and higher oil prices have shifted customer behavior from “Jus
Slide 23: Consolidated Financial Summary
Consolidated Financial Summary (NT$ million) 2Q26 2Q25 YoY 1H26 2025 2024 Revenues 69,273 100% 60,086 100% 15% 130,565 100% 254,056 100% 270,954 100% (3) Profit from Operations 5,220 7% 3,630 6% 44% 10,117 8% 18,339 7% 17,694 7% Investment Income(Equity method)-Net 1,872 3% 1,410 2% 33% 2,760 2% 4,3
Slide 24: FENC’s Revenue Breakdown – Green vs. Non-green
FENC’s Revenue Breakdown – Green vs. Non-green (NT$ million) 2022 2023 2024 2025 1H26 Three Business Segments Production Business 163,180 145,787 148,552 124,800 68,071 Green Product Revenue 45,976 47,685 48,301 50,634 24,158 % of Production Business 28% 33% 33% 41% 35% Property Development Busine
Slide 25: Performance by Business Segments
Performance by Business Segments Reclassified for Managerial Purposes (NT$ million) 2Q26 2Q25 YoY 1H26 2025 2024 Revenue Production Business 37,058 30,701 21% 68,071 124,800 148,552 Property Development Business 3,022 2,218 36% 4,295 10,224 10,989 (1) (2) Investment Business 31,121 28,637 9% 61,026
Slide 26: Production Business Segment Key Financials Summary
Key Financials Summary Dividend payments Net income attributable to shareholders Cash dividend per share for 59 consecutive years Company Overview Payout ratio EPS 1.64 2.00 1.55 1.15 (NT$/share) EBITDA Production Business Segment Capital Expenditure (Capex) 26
Slide 27: Contents
Contents Company Overview Production Business Property Development Business Investment Business Financials ESG & Recent Achievements Appendix 27
Slide 28: ESG Achievements & Sustainability Management
ESG Achievements & Sustainability Management Environment Social Governance • GHG emissions: ↓40% in 2025. • Average Regular Salaries Above Market: 50% • TWSE and TPEx Corporate Governance above the Taiwan market average; 29% above local Evaluation: Top 5%. • Awards & Recognition: Taiwan Ministry of
Slide 29: Selected Connections to the AI Ecosystem
Selected Connections to the AI Ecosystem Diversified investments and strategic assets linked to long-term technology and semiconductor industry growth. 1 2 3 INVESTMENT EARNINGS RECURRING RENTAL INCOME ASSET VALUE REALIZATION Specialty Tech Campus Non-core Chemicals & Gases Infrastructure Industrial
Slide 30: For further information, please contact IR Team
For further information, please contact IR Team, Finance Department IR email box: IR@fenc.com Can also be reached as follows, Q&A Carol Wang (886) 2 7752-8537; wang2002@fenc.com Chialing Chao (886) 2 7752-8470; chialing@fenc.com Jarvis Liu (886) 2 7752-8492; jarvisliu@fenc.com Website Presentations
Slide 31: Contents
Contents Company Overview Production Business Property Development Business Investment Business Financials ESG & Recent Achievements Appendix 31
Slide 32: Solutions For a Circular Economy & a Cleaner Earth
Solutions For a Circular Economy & a Cleaner Earth Waste New Product 1~1.5 1 7~8 1 11 1 (A pair) 15 1 (Tire cord fabric) 1~1.5 1 FENC’s recycled products have received all three green certifications below 1 Safe for R-PET food packaging 2 Recycled content certifications 3 Other green certifications
Slide 33: Value Chain
Value Chain Used bottle Fabric bales scraps 1 Mechanical PCR Bottle to Bottle / Textile R-PET PIR or PCR Textile to Textile R-PET PET chips Polyester chips recycling Bottles Textile New New products products PCR = Post Consumer Recycled; PIR = Post Industrial Recycled 2 Chemical recycling PCR PET Ch
Slide 34: About FENC
Far Eastern New Century (“FENC”) is a leading sustainable polyester company publicly listed in Taiwan since 1967, with a market capitalization of approximately US$5 billion. It’s a constituent of the Dow Jones Best-in-Class Emerging Markets Index, MSCI Selection Index and FTSE4Good Emerging Index. F
Slide 35: Disclaimer
This presentation is prepared by Far Eastern New Century Corporation (the “Company”) and is solely for the purpose of corporate communication and general reference only. The presentation is not intended as an offer to sell, or to solicit an offer to buy or form any basis of investment decision for a
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