Aspeed Technology, Inc. · TPEX:5274

Aspeed Technology — Q2 2021 Earnings Presentation

18 slides from Aspeed Technology's earnings presentation, September 2021

1. Slide 1: September 2021

   September , 2021 ir@aspeedtech.com

2. Slide 2: Safe Harbor Notice

   Safe Harbor Notice  ASPEED’s statements of its current expectations are forward-looking statements subject to significant risks and uncertainties and actual results may differ materially from those contained in the forward-looking statements.  Except as required by law, we undertake no obligation

3. Slide 3: Financial Review – Q2/'21 Income Statement

   Financial Review – Q2/’21 Income Statement Q2/21 Q1/21 Q2/21 over Q2/21 over Unit : NTD 1,000 NTD % NTD % 1Q/21 2Q/20 Operating Revenue 916,436 100 750,515 100 22.11% 1.67% Gross Profit 598,267 65.28 479,853 63.85 24.68% 6.32% Operating Expenses 189,038 20.63 173,737 23.15 8.81% 9.19% Operating prof

4. Slide 4: Consolidated Revenue (Quarterly)

   Consolidated Revenue Unit : NTD 1,000 Quarterly Q1’20 Q2’20 Q1’21 Q2’21 YoY QoQ Revenue 732,368 901,353 750,515 916,436 1.67% 22.11% Gross Margin 62.41% 62.43% 63.94% 65.28% 4.62% 2.10% © ASPEED Technology. Property and Confidential 4

5. Slide 5: Consolidated Revenue (Half-year)

   Consolidated Revenue Unit : NTD 1,000 Year 2020H1 2021H1 YoY Revenue 1,633,721 1,666,951 2.03% Gross Margin 62.42% 64.68% 3.62% © ASPEED Technology. Property and Confidential 5

6. Slide 6: Q2/21 Revenue by Product

   Q2/21 Revenue by Product Q2/21 Revenue by Product Server Non-BMC 6% Q2 vs Q1 Growth Rate Management- Pilot 40.43% 11% Server 21.67% Management 17.34% 83% Server Management Server Management- Non-BMC Pilot Server Management Server Management-Pilot Non-BMC © ASPEED Technology. Property and Confidentia

7. Slide 7: Consolidated Operating Expenses (Quarterly)

   Consolidated Operating Expenses Unit : NTD 1,000 Quarterly Q1'20 Q2'20 Q1'21 Q2'21 YoY QoQ Operating Expenses 164,409 173,124 173,737 189,038 9.19% 8.81% © ASPEED Technology. Property and Confidential 7

8. Slide 8: Consolidated Operating Expenses (Half-year)

   Consolidated Operating Expenses Unit : NTD 1,000 Year 2020H1 2021H1 YoY Operating Expenses 337,533 362,775 7.48% © ASPEED Technology. Property and Confidential 8

9. Slide 9: Consolidated Operating Income (Quarterly)

   Consolidated Operating Income Unit : NTD 1,000 Quarterly Q1'20 Q2'20 Q1'21 Q2'21 YoY QoQ Operating Income 292,644 389,568 306,116 409,229 5.05% 33.68% Operating Margin (%) 39.96% 43.22% 40.79% 44.65% 3.32% 9.48% © ASPEED Technology. Property and Confidential 9

10. Slide 10: Consolidated Operating Income (Half-year)

    Consolidated Operating Income Unit : NTD 1,000 Year 2020H1 2021H1 YoY Operating Income 682,212 715,345 4.86% Operating Margin (%) 41.76% 42.91% 2.77% © ASPEED Technology. Property and Confidential 10

11. Slide 11: Consolidated Net Income (Quarterly)

    Consolidated Net Income Unit : NTD 1,000 Quarterly Q1'20 Q2'20 Q1'21 Q2'21 YoY QoQ Net Income 218,206 322,765 246,830 301,469 (6.60)% 22.14% Net Profit Margin (%) 29.79% 35.81% 32.89% 32.90% (8.14)% 0.02% © ASPEED Technology. Property and Confidential 11

12. Slide 12: Consolidated Net Income (Half-year)

    Consolidated Net Income Unit : NTD 1,000 Year 2020H1 2021H1 YoY Net Income 540,971 548,299 1.35% Net Profit Margin (%) 33.11% 32.89% (0.67)% © ASPEED Technology. Property and Confidential 12

13. Slide 13: Consolidated TAX (Quarterly)

    Consolidated TAX Unit : NTD 1,000 Quarterly Q1'20 Q2'20 Q1'21 Q2'21 YoY QoQ Tax 60,116 69,632 62,050 68,877 (1.08)% 11.00% TAX of Net Income 21.60% 17.76% 20.09% 18.60% 4.81% (7.42)% before tax (%) © ASPEED Technology. Property and Confidential 13

14. Slide 14: Consolidated TAX (Half-year)

    Consolidated TAX Unit : NTD 1,000 Year 2020H1 2021H1 YoY Tax 129,748 130,927 0.91% TAX of Net Income 19.34% 19.28% (0.36)% before tax (%) © ASPEED Technology. Property and Confidential 14

15. Slide 15: Consolidated Earning Per Share (Quarterly)

    Consolidated Earning Per Share Unit : NT$ Quarterly Q1'20 Q2'20 Q1'21 Q2'21 YoY QoQ EPS $6.39 $9.46 $7.21 $8.81 (6.87)% 22.19% © ASPEED Technology. Property and Confidential 15

16. Slide 16: Consolidated Earning Per Share (Half-year)

    Consolidated Earning Per Share Unit : NT$ Year 2020H1 2021H1 YoY EPS $15.83 $16.00 1.07% © ASPEED Technology. Property and Confidential 16

17. Slide 17: Dividend Policy

    Dividend Policy 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Cash dividend (F) 2.29 3.00 4.00 5.00 5.50 7.00 8.00 12.00 15.00 18.00 22.00 26.00 Stock dividend (F) 2.00 1.42 0.00 0.00 0.00 2.00 0.00 0.00 0.00 0.00 0.00 0.00 Dividend form 0.30 0.60 0.22 0.20 1.00 0.00 0.00 0.00 0.00 0.0

18. Slide 18: Thank you

    Thank you © ASPEED Technology. Property and Confidential 18

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