Slide 1: Paragon (3518TW)
Paragon (3518TW) 2025 / 12 / 02
Slide 2: Limiting responsibility
Limiting responsibility This presentation, together with any information disclosed concurrently, may contain forward-looking statements, including but not limited to the Company’s business outlook, financial condition, and operational forecasts. These statements are based on the Company’s internal
Slide 3: Contents
Company Overview Financial Information CONTENTS Progress report Operating status Q&A 3
Slide 4: Company Overview
Company ooo —_——_ Overview
Slide 5: Paragon (3518TW)
Paragon(3518TW) Paragon was established in 1995 as the world's first company to apply vacuum coating (PVD) technology to EMI/ESD solutions for 3C products, it has been actively transforming in recent years to Establishment : 1995.10.20 develop third-generation semiconductor materials and advanced
Slide 6: About Paragon
About Paragon Silicon carbide products Vacuum coating (PVD) products 6 ~8 inches Silicon Carbide Taiwan HQ & RD Center EMI shielding & exterior coating services (SiC) Wafer - Established: 1995 year - Nanjing Plant/Neijiang Plant - N-Type / P-Type - Capital: NTD 970 million (PVD Coating & Equipment)
Slide 7: Development history
Development history As the world’s first company to apply Applications of Vacuum Coating (PVD) technology to EMI/ESD solutions for 3C products. Currently the largest supplier of EMI shielding for notebook computers, the company acquired Crystal Materials in 2022, gaining SiC (silicon carbide) substr
Slide 8: Financial Information
Financial —_____—« a Information
Slide 9: Q3 25' Consolidated Balance
Q3 25’Consolidated Balance Unit in NT$ Millon 2025.9.3 % 2024.12.31 % 2024.09.30 % cash& cash equivalents 383 18 1,069 49 1,212 54 Financial assets-current&noncurrent 421 20 228 10 228 10 Notes and accounts receivable 234 11 246 11 265 12 Inventories 13 1 20 1 19 1 non-liquid asset in suspense 10 0
Slide 10: Q3 25' Financial Structure
Q3 25’Financial Structure other cash & cash 9% equivalents 18% fixed assets financial 42% assets 20% accounts receivable 11% ITEM 2025.Q3 2024 2023 2022 2021 Debt Ratio 37.53 33.37 21.49 16.30 24.54 Current Ratio 332.72 511.45 395.27 606.50 377.86 Cash flow Ratio (66.04) (33.46) (17.17) 63.32 31.54
Slide 11: 2025Q3 Consolidated income statement
2025Q3 Consolidated income statement Unit in NT$ Millon ITEM 2025Q3 2024Q2 QoQ 2024Q3 QoQ operating revenue 86 84 2 93 (7) Gross Profit 12 11 1 12 (0) operating expenses 45 49 (4) 69 (24) Operating Profit (33) (39) 6 (57 ) 24 non-operating revenue and expenses 34 42 (8) (4) 38 continuing operating i
Slide 12: Revenue, Gross margin
Revenue 、 Gross margin 120,000 35% 28.74% 30% 100,000 25% 80,000 20% 60,000 14.08% 15% 40,000 10% 20,000 5% 0 0% 2025Q3 2025Q2 2025Q1 2024Q4 2024Q3 2024Q2 2024Q1 2023Q4 2023Q3 2023Q2 Revenue 85,692 84,304 73,978 87,589 106,084 93,607 81,459 85,949 101,265 102,242 Gross margin 14.08% 12.63% 1.02% 8.3
Slide 13: Q3 25' Consolidated Cash Flow
Q3 25’ Consolidated Cash Flow Unit in NT$ Millon 2025 ended 2024 ended Sep 30 Sep 30 Cash provided by (used in) operating activities (222) (96) Cash provided by (used in) investing activities (529) (226) Cash provided by (used in) financing activities 95 692 Effects of exchange rate change on cash (
Slide 14: Important events description
Important events description The first private placement of ordinary shares in 2025 completed the share payment and capital increase benchmark date. The actual private placement of ordinary shares amounted to 5,000,000 shares, and full payment has been received. The capital increase benchmark date
Slide 15: Progress report
Progress report 15
Slide 16: SiC New Plant plan
SiC New Plant plan Budget : NT$899.53 million (First phase) Location : Chiayi Dapu Mei Intelligent Industrial Park Main products : 8-inch SiC wafer 2027 (second phases) Phase 1 capacity : 3,000pcs/month Phase 2 capacity : 6,000pcs/month Processing capacity in 2026 : 6,000pcs/month • Passed
Slide 17: New factory progress description
New factory progress description Factory construction progress 100% 工程進度 Production capacity equipment installation is 80% complete. The plant construction was completed in September 2025, and operational testing and acceptance of the 100% eight major plant systems began in October. Currently, All p
Slide 18: Operational status
Operational status 18
Slide 19: Product development
Product development Cost PVD Techno logy 8-inch 12-inch Thermal Substrate Advanced Packaging EV AI / AR spacer High Voltage Power Supply Satellites •Enhanced Thermal Dissipation and Energy Storage radar Package Structural Integrity Green Energy Systems Military Applications interpo
Slide 20: Operational status
Operational status SiC wafer products EMI coating products Global 8-inch wafer fabs will gradually begin mass production, and research institutions With the overall economy weakening and tariff risks predict that by 2028, the demand ratio of 6 -inch rising, laptop brand shipments are projected to gr
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Slide 22: True Partner for a Brighter
TRUE PARTNER FOR A BRIGHTER spokesman：Mingi Liu(CFO) TEL：(03)212-8833 E-mail：mingi@pttech.com.tw