Slide 1: Operating Result Report for Q4 of 2025 & Year 2025
Operating Result Report for Q4 of 2025 & Year 2025 Mar. 13, 2026 Dynamic Holding Co., Ltd. 2026 © Dynamic Holding Co., Ltd. All Rights Reserved.
Slide 2: Content / Disclaimer
Content Disclaimer Market Information The forward-looking statements in this report contain unknown risks and uncertainties, which may cause actual operating results to Operating Overview for Q4 of 2025 & be materially different from the Year 2025 forward-looking statements, the statements about his
Slide 3: Market Information
Market Information 2026 © Dynamic Holding Co., Ltd. All Rights Reserved.
Slide 4: PCB Market Outlook
PCB Market Outlook According to Prismark, the global PCB market is projected to reach USD 85.1 billion in 2025, representing growth of approximately 15.8%. This expansion is primarily driven by demand from AI servers and high- speed networking infrastructure, with additional momentum from military a
Slide 5: Shifting from scale efficiency to sustainable resilience
As global turmoil intensifies, the rules of the game are shifting from "scale efficiency" to "sustainable resilience" In the past: large-scale Currently: Resilience in production, decentralized maintaining stable production, or short-term operations under long- adjustments to absorb Businesses and t
Slide 6: Operating Overview for Q4 of 2025 & Year 2025
Operating Overview for Q4 of 2025 & Year 2025 2026 © Dynamic Holding Co., Ltd. All Rights Reserved.
Slide 7: 2025Q4 Sales Analysis - Technology
2025Q4 Sales Analysis - Technology Q4 HDI Q3 39% Multilayer HDI 39% Multilayer 61% 61% Revenue by Technology Multilayer HDI 6,000 SALES (TWD M) 5,000 Change+ 12% Change+ 12% 4,000 (TWD M) (TWD M) SALES SALES 3,000 2,000 1,000 - 3Q25 4Q25 3Q25 4Q25 Multilayer HDI 2026 © Dynamic Holding Co., Ltd. All
Slide 8: Consolidated Income Statement
Consolidated Income Statement Accounts Q-o-Q Y-o-Y Q1-Q4 Q1-Q4 Y-o-Y 4Q25 3Q25 4Q24 (TWD 100M) Change% Change% 2025 2024 Change% Sales Revenue 54.28 48.40 12.1 % 46.40 17.0 % 194.53 177.87 9.4 % Gross Profit % 17.8 % 19.4 % (1.6)% 18.8 % (1.1)% 19.3 % 23.1 % (3.8)% ppts Operating expenses 7.78 6.09
Slide 9: Consolidated BS & Important Financial Indicator
Consolidated BS & Important Financial Indicator Accounts 4Q25 3Q25 4Q24 (TWD 100M) Amount % Amount % Amount % Cash and cash equivalents 55.26 14.3% 33.41 10.2% 28.49 9.2% Accounts receivable 63.61 16.5% 55.22 16.8% 52.53 17.0% Inventories 43.60 11.3% 40.25 12.3% 32.27 10.4% Property, plant and equip
Slide 10: Consolidated Statements Of Cash Flows
Consolidated Statements Of Cash Flows (TWD 100M) 4Q25 3Q25 4Q24 Cash at beginning of period 33.41 38.96 38.06 Cash Flow from Operating (4.52) (1.37) 0.09 Capital Expenditure (20.27) (12.09) (8.41) Cash Dividends Paid 0.00 (0.00) 0.00 Cash Flow from Financing 5.82 9.61 (0.52) Proceeds from issuing sh
Slide 11: 2025Q4 Summary
2025Q4 Summary ⚫ From a product mix perspective, the proportion of storage-related products increased by 5 percentage points, with revenue growing by 52%, mainly driven by stronger demand for memory modules and solid- state drives. The share of networking and server products remained stable, with re
Slide 12: 2025 Sales Analysis - Technology
2025 Sales Analysis - Technology 2025 2024 HDI HDI 37% Multilayer 32% Multilayer 63% 68% Change % +26% 1% Multilayer HDI 2025 © Dynamic Holding Co., Ltd. All Rights Reserved. 12
Slide 13: Consolidated Income Statement and Statement of Cash Flow
Consolidated Income Statement and Statement of Cash Flow Account Y-o-Y 2025 2024 (TWD 100M) Change% Sales Revenue 194.53 177.87 9.4 % Gross Profit % 19.3 % 23.1 % (3.8)% ppts Operating Income% 6.0 % 8.6 % (2.7)% ppts Net Income (loss) 7.49 10.51 (28.7)% EPS(NTD) 2.70 3.78 (28.6)% Cash Flow from Oper
Slide 14: 2025 Summary
2025 Summary ⚫ In 2025, Dynamic achieved annual revenue of NT$19.5 billion, representing a year-on-year growth of 9.4% and setting a new historical high. This growth was primarily driven by the strong expansion of the HDI market. HDI revenue increased by 26%, with its revenue contribution rising fro
Slide 15: Outlook
Outlook 2026 © Dynamic Holding Co., Ltd. All Rights Reserved.
Slide 16: 2026 AI computing capacity expansion project at the Thailand plant
2026 AI computing capacity expansion project at the Thailand plant Capital expenditures for 2026 have been increased to NT$18.4 billion, primarily allocated to the expansion of AI computing- related capacity at our Thailand facilities, including Phase II of the P5 plant, as well as the P5a and D1 pr
Slide 17: Future Outlook
Future Outlook ⚫ Looking ahead to 2026, the main growth drivers are expected to come from the networking, communications, server, and storage device sectors. Networking and server demand is projected to increase significantly, primarily driven by AI-related products such as GPUs, ASICs, and switches
Slide 18: Dynamic Actions in ESG
Dynamic Actions in ESG 2026 © Dynamic Holding Co., Ltd. All Rights Reserved.
Slide 19: Awards - 2026
Awards - 2026 At the beginning of 2026, Dynamic was honored with the following three awards, underscoring our strong transformation resilience and continued momentum in advancing ESG excellence on top of our already high standards. S&P Global Sustainability Taiwan Index Plus – Taiwan Ecovadis Sustai
Slide 20: Awards - 2025
Awards - 2025 Dynamic Holding ⚫ Ranked in the top 5% of listed companies in the “Corporate Governance Evaluation” ⚫ Selected for the S&P Global “2025 Sustainability Yearbook” ⚫ Included in Business Weekly’s 2025 “Top 100 Carbon Competitiveness Companies” ⚫ TCSA 2025 Taiwan Top 100 Sustainable Model
Slide 21: Environmental Sustainability
Environmental Sustainability Thailand plant awarded Green Hubei Province Green Label Second-phase solar power Chemical treatment and Resource recycling and utilization Industry Level 3 Certificate Enterprise generation at Huangshi plant absorption of exhaust gases Robust Management Environmental Per
Slide 22: Caring for All Employees of Dynamic
Caring for All Employees of Dynamic 2026 © Dynamic Holding Co., Ltd. All Rights Reserved.
Slide 23: Social Care – Education & Charity
Social Care – Education & Charity Huangshi Plant donated scholarships to the School of Thailand Plant donated to the Prachinburi Red Cross, Shareholder Meeting souvenirs were sourced from the Chemical Engineering at Hubei Polytechnic University jointly supporting the promotion of international Littl
Slide 24: Q&A
Q&A Dynamic Holding Co., Ltd. 2026 © Dynamic Holding Co., Ltd. All Rights Reserved.