Slide 1: 2023 Investor Conference
2023 Investor Conference November 2023 □ Normal □ Internal Use ■ Confidential □ Restricted Confidential
Slide 2: Disclaimer
Disclaimer This presentation is being delivered to the recipient. The sole purpose of this presentation is to assist the recipient in understanding Wistron NeWeb Corporation ( WNC ). This presentation is not intended to form the basis of a decision to purchase securities or any other investment deci
Slide 3: Agenda
Agenda ■ Financial Information ■ Business Development Update ■ Summary ■ Q&A □ Normal □ Internal Use ■ Confidential □ Restricted Confidential 3
Slide 4: Q3 2023 Income Statement QoQ (Consolidated)
Q3 2023 Income Statement QoQ (Consolidated) (in NT$ million) Q3 2023 Q2 2023 QoQ Amount % Amount % % Net Revenue 29,210 100.0 26,627 100.0 9.7 Realized Gross Profit 3,938 13.5 3,231 12.1 21.9 Operating Expense 2,442 8.4 2,187 8.2 11.7 Operating Income 1,496 5.1 1,044 3.9 43.3 Non-operating Income/(L
Slide 5: Q1-3 2023 Income Statement YoY (Consolidated)
Q1-3 2023 Income Statement YoY (Consolidated) (in NT$ million) Q1-3 2023 Q1-3 2022 YoY Amount % Amount % % Net Revenue 81,103 100.0 66,163 100.0 22.6 Realized Gross Profit 9,974 12.3 7,945 12.0 25.5 Operating Expense 6,607 8.1 5,883 8.9 12.3 Operating Income 3,367 4.2 2,062 3.1 63.3 Non-operating In
Slide 6: 2023/9/30 Balance Sheet (Consolidated)
2023/9/30 Balance Sheet (Consolidated) (in NT$ million) 2023/9/30 2023/6/30 QoQ 2022/9/30 YoY Amount % Amount % Amount % Amount % Amount % Cash & ST Investments 8,473 12 8,152 13 321 4 3,708 6 4,765 129 A/R 21,595 31 20,642 31 953 5 21,558 35 37 0 Inventory 23,661 34 22,646 34 1,015 4 22,392 36 1,26
Slide 7: Agenda
Agenda ■ Financial Information ■ Business Development Update ■ Summary ■ Q&A □ Normal □ Internal Use ■ Confidential □ Restricted Confidential 7
Slide 8: Product Category
Product Category • Wireless Network (Wi-Fi 7 Enterprise Access Point / Mesh Router / Repeater) • Network Infrastructure (Switch / SD-WAN / 5G RU / Smart NIC / 5G Edge Server / Small Cell) Networking • Broadband Connectivity (Cellular CPE / Cable Modem / LEO UT) • Application Network (OTT STB / Strea
Slide 9: Broad Communication Product Portfolio
Broad Communication Product Portfolio User Devices & Modules Edge Infra Equipment ☉ Connectivity & Compute Modules 5G ORAN ☉ ☉ 4G/5G Cellular Router Repeater ☉ ☉ Wi-Fi AP Router Small Cell ☉ Wireless ☉ LEO UT MEC ☉ ☉ IoT & ADAS Sensors RSU ☉ ☉ Antennas Automotive Service Provider Enterprise Switch ☉
Slide 10: Revenue Structure
Revenue Structure 1-3Q 2023 1-3Q 2023 Revenue by Customer Segment Revenue by Region Europe Service Provider Enterprise 14% 45% 34% Asia 18% America 68% 13% overlap Automotive Consumer Brand 33% 1% □ Normal □ Internal Use ■ Confidential □ Restricted Confidential 10
Slide 11: WNC Global Manufacturing Campus Overview
WNC Global Manufacturing Campus Overview (NQX) (NQJ) Wistron NeWeb (Kunshan) WNC (Kunshan) (NYC) (S1) Hsinchu, Kunshan, China Taiwan Tainan, Hsinchu Site Brazil Site WebCom Communication Ha Nam, Taiwan (Manufacturing partner) (Kunshan) Vietnam New (VN) (S3) Manaus, Brazil NeWeb Vietnam Tainan Site □
Slide 12: Patents & Achievements
Patents & Achievements WNC not only focuses on R&D investment but also values sustainability in its long-term operations Patents 2,303 patents / 409 applications (As of October 31, 2023) R&D Achievements CES Innovation Awards 2022 Hsinchu Science Park Innovative Product Award 2021, 2018 Hsinch
Slide 13: 2023 ESG Milestones
2023 ESG Milestones WNC Forest Park (2,480 native trees) RE100 Educational 1/3 support for children of board members are female directors in remote areas SBTi Supply Chain Management Social GHG Platform Inventory Environmental Governance Key Milestones □ Normal □ Internal Use ■ Confidential □ Restri
Slide 14: Net-Zero Emissions Goal
Net-Zero Emissions Goal • Increased use of renewables in recent years to reduce emissions • Joined RE100 and SBTi in 2023 2030 2040 2050 50% 100% Renewable Energy Renewable Energy Usage Usage Net-Zero 42% SBTi Reduction in Scope Way to Net Zero 1 & 2 GHG Emissions (base year: 2022) □ Normal □ Intern
Slide 15: Achieving Net-Zero: Our Actions
Achieving Net-Zero: Our Actions ISO 14064 certified GHG emissions inventory Green product design SBTi methods to reduce carbon emissions WNC Component carbon emissions system Energy management Net-zero platform Emissions Product carbon Renewable energy by 2050 footprint platforms adoption Assist sup
Slide 16: ESG Recognition - Overall
ESG Recognition - Overall S&P Global CSA 2022 Third highest score Top 15% Gold in the Communications Equipment in Telecommunications Equipment EcoVadis Sustainability Rating Industry category Industry □ Normal □ Internal Use ■ Confidential □ Restricted Confidential 16
Slide 17: ESG Recognition
ESG Recognition ESG Southern Taiwan Ministry of Labor Asiamoney Science Park Taiwan Outstanding Enterprises Most Outstanding in Saving Energy Employee Care Award Company in Taiwan 2022 2022 Work-Life Balance Awards Asia’s Outstanding Companies Poll 2023 Reporting Taiwan Corporate Sustainability Awar
Slide 18: Business Transformation
Business Transformation Customer-oriented Approaches Strategic Technologies and Products Vertically-integrated Solutions and Services Increase added value via customer-oriented Core Value-added approaches Software Competencies Antenna & RF Design Network Technology Edge Computing System Integration:
Slide 19: Digital Transformation
Digital Transformation Boost R&D Enhance Employee Build Smart Become Customer Efficiency Experience Factories Oriented Smart R&D Workday Smart 5G Work process optimization Business Process Improvement as a Catalyst Data Governance as a Foundation □ Normal □ Internal Use ■ Confidential □ Restricted C
Slide 20: Agenda
Agenda ■ Financial Information ■ Business Development Update ■ Summary ■ Q&A □ Normal □ Internal Use ■ Confidential □ Restricted Confidential 20
Slide 21: Summary
Summary □ Normal □ Internal Use ■ Confidential □ Restricted Confidential 21
Slide 22: Wistron NeWeb Corp. Q&A
Wistron NeWeb Corp. Q&A