Apex International Co., Ltd. · TWSE:4927

Apex International — 2022 Spring investor conference hosted by President Securities

35 slides from Apex International's conference presentation, Mar 17, 2022

  1. Slide 1: APEX 泰鼎

    APEX 泰鼎 Sam Wu, Mar. 17th © March 2022 Apex International Co., Ltd.

  2. Slide 2: Safe Harbor Notice

    Safe Harbor Notice  Apex’s statement of its current expectations are forward looking statements which are subject to significant risks and uncertainties. Actual results may differ materially from those contained in any forward looking statements.  本簡報資料中所提供之資訊並未明示或暗示的表達或保證其具有正確性、完 整性、或可靠性，亦不代表本公司、

  3. Slide 3: Company Profile

    Company Profile Company Name Apex International (4927) Product Rigid Printed Circuit Boards Founded September 2001 Ground Area Apex 1 – 35,000 M2 Apex 2 & 3 – 105,000 M2 , 56,000M2 (Nearby) Apex S – 8,544 M2 Paid-in Capital NTD 1.89 Billion Employee 8,320(as of February 2022) IPO listed in Taiwan OT

  4. Slide 4: Certificates

    Certificates IATF 16949 汽車業品質管理系統證書 Certificate upgraded in Jul. 2020 & Jan. 2021 Apex 1 & 2 ISO 14001環境管理系統證書 Certificate upgraded in Oct. 2020 & Dec. 2019 Apex 1 & 2 ISO 9001品質管理系統證書 Certificate upgraded in Jul. 2020 & Jan. 2021 Apex 1 & 2 ISO 45001職業衛生安全管理系統證書 Certificate upgraded in Jan. 2020 Ap

  5. Slide 5: Production Capacity Plan

    Production Capacity Plan: (unit: square meter) Plant 2021 2022 A1 320,000 320,000 A2 280,000 280,000 A3 240,000 400,000 AS 170,000 50,000 1,010,000 1,050,000 4

  6. Slide 6: APEX Plan Expansion

    APEX Plan Expansion Apex 2 = 18,093 m2 Apex 3 = 14,430 m2 Apex 4 = 28,800 m2 111m(L) x 163m(W) 120m(L) x 174m(W) 180m(L) x 160m(W) Capacity: 280,000 m2/Month Capacity: 400,000 m2/Month Next Plan MP2014 MP: 2H2021 5

  7. Slide 7: Senior Management Team

    Senior Management Team Bill Chou Woody Wang CEO Chairman DC Chen Ozzy Lee Warren Hsu Steven Yang Jeff Huang Sam Wu James Cheng CTO CBO CFO CPO CMO CSO EVP 6

  8. Slide 8: Objectives & Culture

    Objectives ulture CORPORATE CULTURE OPERATION GOAL BNE APPROACH + EXCELLENCE = APEX S288 ALL-WIN pass HAPPY PROFIT tae Eir3 Employee Care Discipiline Management Team Employee he ee BEER HeaL ALL-WIN 2m Suppliers Par

  9. Slide 9: Valuable Customers

    Valuable Customers | Eejusa | RM Korea | Western Digital es | Echostar (Europe) SAMSUNG EI British [8 Japan ADB W) France GLOBAL Technicolor PACE CANON DAIKIN EPSON HITACHI PANASONIC ORION SANYO SHARP SONY TOSHIBA

  10. Slide 10: Best Supplier Awards

    Best Supplier Awards =a 2009, 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 a’ «a S—Pace Os <P 3 suare sony (Pace Canon Panasonic ef? Psimsungd SHARP BLES Foxconn Psnmsunad Sacemcom (ace HUMAX £ & Panasonic.

  11. Slide 11: 2021 Fourth Quarter Financial Results

    2021 Fourth Quarter Financial Results 10

  12. Slide 12: Quarterly Results: (QoQ/YoY Comparison)

    Quarterly Results: (QoQ/YoY Comparison) (NTD) 4Q21 3Q21 QoQ 4Q20 YoY Revenue (THB) 5,271M 4,266M +23.6% 3,211M +64.2% Revenue (NTD) 4,437M 3,611M +22.9% 3,022M +46.8% Gross Profit 995M 841M +18.4% 585M +70.1% Gross Margin 22.4% 23.3% 19.4% Operating Profit 557M 416M +33.8% 218M +155.9% Net Profit 55

  13. Slide 13: Yearly Results: (2021 vs. 2020)

    Yearly Results: (2021 vs. 2020) (NTD) 2021 2020 YoY Revenue (THB) 16,930M 12,523M +35.2% Revenue (NTD) 14,801M 11,833M +25.1% Gross Profit 3,119M 2,508M +24.4% Gross Margin 21.1% 21.2% Operating Profit 1,477M 1,194M 23.7% Net Profit 1,384M 1,204M 15.0% Net Margin 9.4% 10.2% EPS 7.25 6.31 14.9% 12

  14. Slide 14: 2022 Monthly Revenue: Jan. to Feb. +45% THB

    2022 Monthly Revenue: Jan. to Feb. +45% Unit (THB Thousand) 2021 2022 2022 USD/THB 2021 USD/THB THB 2,000,000 34.0000 1,800,000 33.0000 1,600,000 32.0000 1,400,000 1,200,000 31.0000 1,000,000 30.0000 800,000 29.0000 600,000 400,000 28.0000 Revenue Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2022

  15. Slide 15: 2022 Monthly Revenue: Jan. to Feb. +29% NTD

    2022 Monthly Revenue: Jan. to Feb. +29% Unit (NTD Thousand) 2021 2022 2022 THB/NTD 2021 THB/NTD NTD 1,800,000 0.9600 0.9400 1,600,000 0.9200 1,400,000 0.9000 0.8800 1,200,000 0.8600 1,000,000 0.8400 800,000 0.8200 0.8000 600,000 0.7800 400,000 0.7600 Revenue Jan Feb Mar Apr May Jun Jul Aug Sep Oct N

  16. Slide 16: 2021 Revenue by Product Mix

    2021 Revenue by Product Mix 15

  17. Slide 17: Quarterly Revenue by Product Mix

    Quarterly Revenue by Product Mix 16

  18. Slide 18: 2021 Revenue by Layer Count

    2021 Revenue by Layer Count 17

  19. Slide 19: Quarterly Revenue by Layer Count

    Quarterly Revenue by Layer Count 18

  20. Slide 20: Revenue and Profit Trend: by Quarter

    Revenue and Profit Trend: by Quarter Unit: 100M 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 EPS (NTD) 0.03 0.05 0 0.7 0.99 2.16 1.55 1.43 1.41 1.4 0.22 1.5 1.83 1.89 1.09 0.81 1.53 2.01 2.9 19

  21. Slide 21: GM & OPM & NM Trend

    GM & OPM & NM Trend =o 25% 21.2% 21.1% 20% 15% 10% 5% 0% 2017 2018 2019 2020 2021 =@=GM(%) —*-OPM(%) =®=NM(%)

  22. Slide 22: Cash Flows

    Cash Flows ere) — 4,000 70% 61% 62% 3,000 60% 2,000 50% 4,000 ty) 40% (1,000) 30% (2,000) 20% (3,000) 10% (4,000) (3,733) (5,000) 0% 2017 2018 2019 2020 2021 (= Operating Activities “i Investing Activities | ‘Financing Activities S@™mNetCash Flow —@®=Debt Ratio (NTD Million) (NTD Million) (NTD Milli

  23. Slide 23: ROE and ROA

    ROE and ROA 20% 18.3% 18% 16% 14% 12% 10% 8% 6% 4% 2% 0% 1.5% 2015 2016 2017 2018 2019 2020 2021 —@-ROE(%) —®-ROA(%)

  24. Slide 24: Dividend Policy

    Dividend Policy Year Cash Dividend Stock Dividend EPS AGM Date 2021 TBD - 7.25 May 24 2020 3.00 (Note1) - 6.31 July 2 2019 3.00 - 4.46 June 5 2018 2.46 - 5.45 June 5 2017 0.00 - 0.59 June 15 2016 0.78 0.32 2.23 June 15 2015 2.50 - 4.34 June 15 2014 2.50 - 4.06 June 2 Note 1: Based on fully-diluted s

  25. Slide 25: Dividend Policy: Average of Cash Payout is 45%

    Dividend Policy: Average of Cash Payout is 45% 24

  26. Slide 26: APEX ESG: From Compliance to Competitiveness

    APEX ESG: From Compliance to Competitiveness Energy Saving; Water Saving; Community & Donations; Waste Recycling; Happy & Safe Workplace; GHG Inventory and Customer Services & Disclosure; Suppliers Cooperation Apex Solar Project Top 6-20% in Corporate Governance Evaluation; AREA-Health Promotion; Ap

  27. Slide 27: APEX ESG: From Compliance to Competitiveness

    APEX ESG: From Compliance to Competitiveness 26

  28. Slide 28: 2021 AREA - Health Promotion Category

    2021 AREA - Health Promotion Category 27

  29. Slide 29: APEX Sandbox: Oct.'2021

    APEX Sandbox: Oct.’2021 Good to you, Good to your Family, Good to Apex 28

  30. Slide 30: APEX Sandbox: Live with COVID-19

    APEX Sandbox: Live with COVID-19 29

  31. Slide 31: APEX Sandbox: 9 Functions of Apex Sandbox

    APEX Sandbox: 9 Functions of Apex Sandbox 30

  32. Slide 32: APEX Sandbox: On Site

    APEX Sandbox: On Site 31

  33. Slide 33: APEX Solar Project: Oct. '2021-2024

    APEX Solar Project: Oct. ‘2021-2024 32

  34. Slide 34: APEX ESG: From Compliance to Competitiveness

    APEX ESG: From Compliance to Competitiveness For more information, please refer to APEX's ESG report URL：http://www.apex-intl.com.tw/en/csr-7.php 33

  35. Slide 35: Thank You

    Thank You

Apex International — 2022 Spring investor conference hosted by President Securities on 6ix