Sunplus Technology Co., Ltd. · TWSE:2401

Sunplus Technology — Q3 2023 Earnings Presentation

46 slides from Sunplus Technology's earnings presentation, 2023

1. Slide 1: 3Q 2023 Investor Conference

   3Q 2023 Investor Conference Spokesman: Joseph Chuang Tel: 886-3-5786005 ext.3120 E-mail: joseph@sunplus.com Make difference

2. Slide 2: Sunplus Affiliates

   Sunplus Affiliates Profession Shareholding Stock code Sunplus Technology Co., Ltd. (592m shares) 100% TWSE#2401 Automotive IC & IP Design Generalplus Technology Co., Ltd. (109m shares) 48% TWSE#4952 Speech/Music, LCD, Digital Video & Image SoC Turnkey Solutions, Micro-Controllers Sunplus Innovation

3. Slide 3: Human Resources

   Human Resources Global Employees Production Administration 6% 22% Global Employees/ R&D R&D 1,089 / 787 72% 40% Master above Sunplus HR Other 30% Sunplus HR/ R&D R&D 339 / 238 70% 61% Master above * Data by 2023/9/30 , Make difference

4. Slide 4: Q3 Consolidated Results

   Q3 Consolidated Results (NT$ million) 2023 3Q 2023 2Q 2022 3Q QoQ YoY Net Sales 1,546 100% 1,418 100% 1,437 100% 9% 8% COGS 835 54% 750 53% 787 55% 11% 6% Gross Margin 710 46% 669 47% 650 45% 6% 9% R&D Expenses 545 35% 535 38% 527 37% 2% 3% SG&A Expenses 177 11% 175 12% 200 14% 1% (11%) Operating Ne

5. Slide 5: Q1~3 Consolidated Results

   Q1~3 Consolidated Results (NT$ million) 2023 Q1~3 2022 Q1~3 YoY Net Sales 4,157 100% 5,536 100% (25%) COGS 2,213 53% 2,698 49% (18%) Gross Margin 1,944 47% 2,838 51% (31%) R&D Expenses 1,561 38% 1,697 31% (8%) SG&A Expenses 525 13% 687 12% (24%) Operating Net Profit (Loss) (142) (3%) 454 8% (131%) N

6. Slide 6: Consolidated Net Sales & Gross Profit

   Consolidated Net Sales & Gross Profit NT$ million GP YoY: +9% GP YoY: -31% GP QoQ: +6% , Make difference 5

7. Slide 7: 2023 Affiliates’ Contribution

   2023 Affiliates’ Contribution 3Q '23 Net Sales : 1,546 MNT$ 3Q '23 Net Income MNT$ 136 Others 9% Sunplus 21% SunplusIT 54 31% Sunplus Generalplus SunplusIT Generalplus (53) 39% Q1~3 '23 Net Sales : 4,157 MNT$ Q1~3 '23 Net Income MNT$ Others 306 Sunplus 10% 21% 152 SunplusIT 29% Sunplus Generalplus S

8. Slide 8: Q3 Consolidated Balance Sheet

   Q3 Consolidated Balance Sheet Amount: NT$mil ion 1H'06 1H'05 YoY Total Assets 21,677 19,210 13% Cash & S-T Investment 6,201 6,349 -2% Account Receivable 3,260 3,319 -2% Inventory 2,801 2,132 31% L-T invest ment (equity method) 4,473 3,031 48% Intangible Assets 1,106 1,183 -7% Total Liabilities 5,572

9. Slide 9: Cash Flows

   Cash Flows (NT$ million) 2023 3Q 2023 2Q 2022 3Q QoQ YoY From Operation 529 420 (225) 26% (335%) From Investment 666 (719) 1,342 (193%) (50%) From Financing (1,040) 75 (1,488) (1496%) (30%) Net Cash Flow in (out) 167 (221) (354) (175%) (147%) Cash and Cash equivalents 4,061 3,895 4,222 4% (4%) (NT$

10. Slide 10: Non-Operating Gain

    Non-Operating Gain (NT$ million) 2023 3Q 2023 2Q 2022 3Q QoQ YoY Other Income 45 21 84 110% (47%) Exchange Gain (Loss) 47 15 25 203% 85% Gains on Financial Assets (Liabilities) (12) 25 70 (148%) (117%) at Fair Value through Profit or Loss Investment Gain Recognized under (4) (6) 6 (31%) (174%) Equit

11. Slide 11: R&D Expenses

    R&D Expenses NT$ million , Make difference 10

12. Slide 12: Financial Statement

    Financial Statement , Make difference 11

13. Slide 13: Sunplus Products Portfolio

    Sunplus Products Portfolio Automotive Audio Plus 1 DVD Cockpit Electronics Speaker Out C1 Automated Driving Wireless Connection In-cabin Acoustics Speech In C3 , Make difference

14. Slide 14: Automotive

    Automotive , Make difference 13

15. Slide 15: Inside and Around the Cockpit

    Inside and Around the Cockpit Cockpit Automated In-cabin Electronics Driving Acoustics IVI AVM Spatial Sound Display Audio DMS/IMS Auto-EQ Cluster ADAS EC/NR HUD E-Mirror ITU-T Lab APA , Make difference

16. Slide 16: Cockpit Electronics

    Cockpit Electronics , Make difference

17. Slide 17: Display Audio

    Display Audio Connects Vehicle to Person (Personal Device) , Make difference

18. Slide 18: 93% Availability in the US

    93% Availability in the US SUNPLUS , Make difference

19. Slide 19: 79% US buyers only consider CarPlay-capable vehicles

    79% US buyers only consider CarPlay-capable vehicles SUNPLUS , Make difference

20. Slide 20: New CarPlay Features with iOS 16

    New CarPlay Features with iOS 16 Larger Screen More App Types Multiple Display New GUI Widgets Instrument Cluster , Make difference

21. Slide 21: iCockpit Solution

    iCockpit Solution • AVM/ADAS • In-Vehicle-Infotainment • Cluster , Make difference

22. Slide 22: CarPlay Multi-Stream

    CarPlay Multi-Stream SPHE LVDS 8368-P stream1 IVI System Audio AMP stream 1 Stream 1: CarPlay Functions Navigation, Music, Telephony, and Siri, etc. , Make difference

23. Slide 23: CarPlay Multi-Stream

    CarPlay Multi-Stream SPHE LVDS stream2 8368-P stream1 Cluster System IVI System Audio AMP stream 1 + stream 2 Stream 2: Alternative Functions Navigation, Sound Effect Spectrum, or Album Info To Cluster or HUD , Make difference

24. Slide 24: iCockpit: IVI+Cluster

    iCockpit: IVI+Cluster , Make difference

25. Slide 25: iCockpit: IVI+AVM

    iCockpit：IVI+AVM Was: IVI & AVM Box Now: IVI with AVM Built-in All in One Cost Saving , Make difference

26. Slide 26: iCockpit: IVI+ADAS

    iCockpit：IVI+ADAS Mic Camera Speaker Face Face Voice Driver ID. Detection Recognition Recognition Driver Monitor System Face Driver Distraction / Fatigue Voice (DMS) Detection Detection Assistant , Make difference

27. Slide 27: Driver Monitoring System – Vision-based

    Driver Monitoring System – Vision-based Driver and Interior Monitoring , Make difference

28. Slide 28: Automated Driving

    Automated Driving , Make difference

29. Slide 29: ADAS Applications

    ADAS Applications AVM AR HUD APA E-Mirror/CMS/DMS , Make difference

30. Slide 30: 3D AVM

    3D AVM , Make difference

31. Slide 31: Smart Vision Sensors

    Smart Vision Sensors 2 FHD camera inputs Detection: Motorcycles Cars Traffic lights Traffic signs Traffic lanes Pedestrians , Make difference

32. Slide 32: Immersive Sound

    Immersive Sound , Make difference

33. Slide 33: Joy – In-cabin Acoustics

    Joy – In-cabin Acoustics Sound Field with IMS Immersive Sound Sound Bubble (w/ ANC) FRONT Driver Pass.1 Driver Pass.1 Central Pass.2 Pass.3 Pass.2 Pass.3 RAER The IMS sees the occupants Bringing the 3D surround Giving every occupants a quiet and feeds the info to IVI for technology, such as Dolby At

34. Slide 34: Audio

    Audio SUNPLUS , Make difference

35. Slide 35: Audio Solutions

    Audio Solutions Speaker Out Personal Speaker Streaming Speaker Premium Soundbar Gaming Soundbar Karaoke DJ Soundbar Wireless Connection Speech In Speakerphone Video Bar Party Speaker Surround/Woofer Speaker , Make difference

36. Slide 36: Best Cost-Performance Soundbar Solution

    Best Cost-Performance Soundbar Solution 3D Sound Effects • Dolby ATMOS v1.8 • MPEG-H • DTS: X, IMAX enhanced • Sunplus Spatial Sound AI Sound Classifier Sound Tuning Tool • Advanced AI algorithms accurately • Powerful GUI tuning tool supports classify media content arbitrary sound adjustment Room Co

37. Slide 37: Soundbar Bridging the gap of Flat-panel HDTV & Home Theater

    Soundbar Bridging the gap of Flat-panel HDTV & Home Theater , Make difference 36

38. Slide 38: Room Correction

    Room Correction A real-time DSP technology which automatically compensates and optimizes your room listening environment Soundbar with built-in 1~5M SPA300 MIC MIC Signal , Make difference 37

39. Slide 39: Target Market

    Target Market Innovative Bluetooth Audio ecosystem is creating Soundbar Speaker • Immersive 3D Surround, Wireless Sub • AI Media Classifier, Useful Tuning Tool Party Speaker Conference Speaker • Auracast for broadcast audio • BT Dongle for transmitting audio • Smart DJ effects & Karaoke • AI Voice E

40. Slide 40: Plus 1

    Plus 1 SUNPLUS , Make difference

41. Slide 41: Plus1: Chiplet Structure

    Plus1：Chiplet Struture Peripheral (P) chip Computing (C) chip 成熟製程 先進製程 GPIO/ I2C/ USB/ UART/ MIPI CPU/ NPU/ GPU / DSP 130nm 55nm 40nm 28nm 16nm 12nm 7nm 製程 <$200K <$400K <$700K <$1M <$3M <$4M >$7M 光罩費用 , Make difference 40

42. Slide 42: C1 – IOT LINUX CHIP

    C1 – IOT LINUX CHIP , Make difference 41

43. Slide 43: , Make difference

    , Make difference 42

44. Slide 44: C3V Application: Robot Market

    C3V Application：Robot Market Smart Robot everywhere in the world Applications Robot vacuums Automatic lawn mower Industrial AMR , Make difference

45. Slide 45: IP Solutions

    IP Solutions Experience Optimized IP Solutions for SoC Design IC Design & IP Design Service Media I/F (Audio/Video) MIPI RX IP，HDMI Tx IP，LVDS IP， AUDIO ADC AUDIO DAC，VIDEO DAC… Data/Com I/F (Networking/Datacom) 10/100 ETHERNET PHY，USB 2.0，USB 3.0 DDR 3/2 PHY，SerDes… SoC Companion SAR ADC，Pipeline A

46. Slide 46: , Make difference

    , Make difference

Sunplus Technology — Q3 2023 Earnings Presentation on 6ix