Slide 1: August 2025
August 2025 https: //www.pouchen.com E-mail: ir@pouchen.com PROFESSIONALISM DEDICATION INNOVATION SERVICE
Slide 2: Disclaimer
Disclaimer Pou Chen has taken every reasonable care in preparing this presentation. However, please be reminded that the information, materials, opinions and statements contained or referred to in this presentation are all provided on an "as is" basis. None of the aforesaid information, materials, o
Slide 3: Table of Contents
Table of Contents 01 Pou Chen’s Profile P. 3 02 Business Overview P. 5 03 Footwear Business – Yue Yuen P. 7 04 Retail Business – Pou Sheng P. 11 05 Financial Highlights P. 15 2
Slide 4: Pou Chen’s Profile
Pou Chen’s Profile To benefit healthy lives by providing the most valuable solutions in the sports industry and beyond. • Founded in 1969; listed on the TWSE in 1990 • Paid in Capital: NT$29,468 mn • Market Cap.: NT$91,203 mn (@NT$30.95 as of 2025/06/30) • Revenue: NT$129,806 mn (1H2025 Consolidated
Slide 5: Group Structure
Group Structure 寶成工業 Pou Chen Corp. (9904.TW) Footwear Retail Others 51.36% (32.13%)(1) Real Estate Yue Yuen Pou Sheng Development (00551.HK) (03813.HK) Shoes Retail Sales network Hotel Operation Upstream Business Wholesale Business Retail via Pou Sheng(2) (Updated: 2025/06/30) (1) Pou Chen through
Slide 6: Business Overview
Business Overview Segment Revenue Pou Chen FY2022 FY2023 FY2024 1H2024 1H2025 YoY (Consolidated) (NT$mn; %) (NT$mn; %) (NT$mn; %) (NT$mn; %) (NT$mn; %) (%) Footwear 184,653 69.0% 157,726 63.9% 180,734 68.5% 84,166 65.4% 89,025 68.6% +5.8% Retail 81,993 30.7% 87,973 35.7% 82,158 31.1% 44,002 34.2% 40
Slide 7: Business Overview
Business Overview Pou Chen’s 7M2025 unaudited consolidated sales decreased Y-o-Y by 0.9% to NT$149.5 bn. Revenue – Footwear Revenue - Retail (NT$mn) (NT$mn) 184,653 180,734 157,726 84,166 89,025 81,993 87,973 82,158 44,002 40,357 2022 2023 2024 1H2024 1H2025 2022 2023 2024 1H2024 1H2025 Revenue – Ot
Slide 8: Footwear Business – Yue Yuen
Footwear Business – Yue Yuen A global leader in the manufacture of athletic/outdoor and casual footwear Diversified portfolio of world-renowned brand customers and production sites Responsiveness, flexibility, innovation, design and development capabilities, and superior quality Country % of V
Slide 9: Yue Yuen – Financial Highlights
Yue Yuen – Financial Highlights Product Category FY2022 FY2023 FY2024 1H2024 1H2025 YoY (US$mn; %) (US$mn; %) (US$mn; %) (US$mn; %) (US$mn; %) (%) Shoes(1) 5,707 63.6% 4,657 59.0% 5,169 63.2% 2,411 60.1% 2,611 64.3% +8.3% Soles, Components, Others 496 5.5% 402 5.1% 452 5.5% 223 5.5% 187 4.6% -16.2%
Slide 10: Yue Yuen – Financial Highlights
Yue Yuen – Financial Highlights Yue Yuen’s 7M2025 unaudited sales increased Y-o-Y by 0.7% to US$4.7 bn. Revenue Gross Margin (US$mn) (US$mn) 23.8% 24.4% 24.4% 24.3% 22.6% 8,970 7,890 8,182 4,015 4,060 2,137 1,925 1,993 975 919 2022 2023 2024 1H2024 1H2025 2022 2023 2024 1H2024 1H2025 Net Income(1) N
Slide 11: Footwear Business – Gross Margin Trend
Footwear Business – Gross Margin Trend 22.8 20.6 20.5 19.7 19.2 19.3 20.3 18.2 18.2 17.8 18.3 17.1 17.8 15.7 16.0 17.9 18.0 17.7 16.8 12.7 11.7 6.0 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 FY2020 FY2021 FY2022 FY2023 FY2024 1H2025
Slide 12: Retail Business – Pou Sheng
Retail Business – Pou Sheng One of the largest integrated retailers and distributors for sportswear brands in the Greater China region Brand Partner: Globally renowned brands such as Nike, adidas, Puma, Skechers, and Under Armour Channel Mix: Brick & Mortar Retail 67%; Omni-Channel 33% (1H2025
Slide 13: Pou Sheng – Financial Highlights
Pou Sheng – Financial Highlights Financial Highlights FY2022 FY2023 FY2024 1H2024 1H2025 YoY (RMB mn; %) (RMB mn; %) (RMB mn; %) (RMB mn; %) (RMB mn; %) (%) Revenue 18,638 20,064 18,454 9,983 9,159 -8.3% Gross Profit 6,688 6,756 6,309 3,416 3,069 -10.2% Gross Margin 35.9% 33.7% 34.2% 34.2% 33.5% -0.
Slide 14: Pou Sheng – Financial Highlights
Pou Sheng – Financial Highlights Pou Sheng’s 7M2025 unaudited sales decreased Y-o-Y by 8.3% to RMB10.3 bn (US$1.4 bn). Revenue Operating Margin (RMB mn) (RMB mn) 4.8% 3.7% 3.8% 20,064 3.1% 18,638 18,454 2.2% 9,983 9,159 415 736 709 483 282 2022 2023 2024 1H2024 1H2025 2022 2023 2024 1H2024 1H2025 Ne
Slide 15: Pou Sheng – Operating Margin Trend
Pou Sheng – Operating Margin Trend 7.1 7.2 5.7 4.8 5.1 4.5 4.4 4.5 3.6 3.5 3.1 3.5 3.0 2.7 1.3 1.3 1.7 0.3 0.8 0.8 -0.9 -1.3 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 FY2020 FY2021 FY2022 FY2023 FY2024 1H2025 2.6% 4.0% 2.2% 3.7% 3.8
Slide 16: Financial Highlights – Pou Chen (Consolidated)
Financial Highlights – Pou Chen (Consolidated) Segment Revenue Segment Income(1) Footwear Retail Others Footwear Retail Others 0.3% 0.4% 0.4% 0.4% 0.3% 2.0% 2.1% 1.8% 1.9% 1.8% 100% 100% 13.4% 18.3% 15.5% 16.8% 20.6% 30.7% 35.7% 31.1% 34.2% 31.1% 80% 80% 60% 60% 40% 40% 84.6% 79.6% 82.7% 81.4% 77.5%
Slide 17: Financial Highlights – Pou Chen (Consolidated)
Financial Highlights – Pou Chen (Consolidated) (NT$mn) FY2022 FY2023 FY2024 Revenue 267,497 246,634 263,818 Gross Profit 64,606 61,111 65,175 Gross Margin 24.2% 24.8% 24.7% Operating Expenses 54,010 50,895 49,221 Operating Income 10,596 10,216 15,954 Operating Margin 4.0% 4.1% 6.1% Non-operating Inc
Slide 18: Financial Highlights – Pou Chen (Consolidated)
Financial Highlights – Pou Chen (Consolidated) (NT$mn) 1H2024 1H2025 YoY Revenue 128,616 129,806 +0.9% Gross Profit 31,680 29,858 -5.8% Gross Margin 24.6% 23.0% -1.6 pp Operating Expenses 24,590 24,031 -2.3% Operating Income 7,090 5,827 -17.8% Operating Margin 5.5% 4.5% -1.0 pp Non-operating Income,
Slide 19: Financial Highlights – Pou Chen (Consolidated)
Financial Highlights – Pou Chen (Consolidated) Revenue Gross Margin (NT$mn) (NT$mn) 24.8% 24.7% 24.6% 24.2% 267,497 263,818 23.0% 246,634 128,616 129,806 64,606 61,111 65,175 31,680 29,858 2022 2023 2024 1H2024 1H2025 2022 2023 2024 1H2024 1H2025 Net Income(1) Net Margin / EPS (NT$mn) (NT$) 6.1% 6.3
Slide 20: Dividend Policy
Dividend Policy FY2020 FY2021 FY2022 FY2023 FY2024 Dividend / Per Share - Pou Chen (NT$) 0.50 1.50 1.30 1.10 1.70 (Cash 0.50) (Cash 1.50) (Cash 1.30) (Cash 1.10) (Cash 1.70) - Yue Yuen (HK$) n/a 0.20 1.10 0.90 1.30 (Final 0.20) (Interim 0.40 / Final 0.70) (Interim 0.20 / Final 0.70) (Interim 0.40 /
Slide 21: Sustainability
Sustainability The World’s Only FLA-Accredited Footwear Manufacturer, upholding the obligations of FLA’s participating suppliers by actively participating in various projects and supporting relevant industry initiatives, including singing the “Responsible Recruitment” jointly promulgated by FLA and
Slide 22: Growth Strategy
Growth Strategy Irreplaceable Partnership 5 Values 4 Directions Speed 3 Segments Design 2 E2E Platform Flexibility Footwear Equipment OEM/ODM The Most 1 Valuable Innovation Apparel Platform Material Retail Quality Accessories Process Sustainability Unique Strategic Value 21
Slide 23: THANK YOU Q&A
THANK YOU Q&A