Sunplus Technology Co., Ltd. · TWSE:2401

Sunplus Technology — Q2 2023 Earnings Presentation

45 slides from Sunplus Technology's earnings presentation, August 2023

1. Slide 1: 2Q 2023 Investor Conference

   2Q 2023 Investor Conference Spokesman: Joseph Chuang Tel: 886-3-5786005 ext.3120 E-mail: joseph@sunplus.com Make difference

2. Slide 2: Sunplus Affiliates

   Sunplus Affiliates Profession Shareholding Stock code Sunplus Technology Co., Ltd. (592m shares) 100% TWSE#2401 Automotive IC & IP Design Generalplus Technology Co., Ltd. (109m shares) 48% TWSE#4952 Speech/Music, LCD, Digital Video & Image SoC Turnkey Solutions, Micro-Controllers Sunplus Innovation

3. Slide 3: Human Resources

   Human Resources Global Employees Production Administration 6% 22% Global Employees/ R&D R&D 1,094 / 789 72% 40% Master above Sunplus HR Other 30% Sunplus HR/ R&D R&D 346 / 241 70% 63% Master above * Data by 2023/6/30 , Make difference

4. Slide 4: Q2 Consolidated Results

   Q2 Consolidated Results (NT$ million) 2023 2Q 2023 1Q 2022 2Q QoQ YoY Net Sales 1,418 100% 1,194 100% 1,985 100% 19% (29%) COGS 750 53% 628 53% 951 48% 19% (21%) Gross Margin 669 47% 565 47% 1,034 52% 18% (35%) Operating Expenses 710 38% 885 40% 762 28% 11% (2%) Operating Net Profit (Loss) (42) (3%)

5. Slide 5: 1H Consolidated Results

   1H Consolidated Results (NT$ million) 2023 1H 2022 1H YoY Net Sales 2,612 100% 4,099 100% (36%) COGS 1,378 53% 1,911 47% (28%) Gross Margin 1,234 47% 2,188 53% (44%) R&D Expenses 1,016 39% 1,170 29% (13%) SG&A Expenses 348 13% 487 12% (29%) Operating Net Profit (Loss) (130) (5%) 531 13% (125%) Non-O

6. Slide 6: Consolidated Net Sales & Gross Profit

   Consolidated Net Sales & Gross Profit NT$ million GP YoY: -35% GP YoY: -44% GP QoQ: +18% 52% 47% 47% 53% 47% 1,985 4,099 1,418 1,034 2,188 2,612 1,194 669 1,234 565 2Q '22 1Q '23 2Q '23 1H '22 1H '23 COGS Gross Profit Gross Margin COGS Gross Profit Gross Margin , Make difference 5

7. Slide 7: 2023 Affiliates’ Contribution

   2023 Affiliates’ Contribution 2Q '23 Net Sales : 1,418 MNT$ 2Q '23 Net Income MNT$ Others Sunplus 9% 108 17% 67 SunplusIT 29% Sunplus Generalplus SunplusIT Generalplus (83) 45% 1H '23 Net Sales : 2,612 MNT$ 1H '23 Net Income MNT$ Others 170 9% Sunplus 21% 98 SunplusIT 28% Sunplus Generalplus Sunplus

8. Slide 8: Q2 Consolidated Balance Sheet

   Q2 Consolidated Balance Sheet Amount: NT$mil ion 1H'06 1H'05 YoY Total Assets 21,677 19,210 13% Cash & S-T Investment 6,201 6,349 -2% Account Receivable 3,260 3,319 -2% Inventory 2,801 2,132 31% L-T invest ment (equity method) 4,473 3,031 48% Intangible Assets 1,106 1,183 -7% Total Liabilities 5,572

9. Slide 9: Cash Flows

   Cash Flows (NT$ million) 2023 2Q 2023 1Q 2022 2Q QoQ YoY From Operation 420 (154) 236 (373%) 78% From Investment (719) (438) (71) 64% 908% From Financing 75 281 67 (73%) 11% Net Cash Flow in (out) (221) (312) 241 (29%) (192%) Cash and Cash equivalents 3,895 4,116 4,577 (5%) (15%) (NT$ million) 2023

10. Slide 10: Non-Operating Gain

    Non-Operating Gain (NT$ million) 2023 2Q 2023 1Q 2022 2Q QoQ YoY Other Income 21 11 30 102% (29%) Exchange Gain (Loss) 15 (7) 21 (318%) (25%) Gains on Financial Assets (Liabilities) 25 74 (202) (66%) (112%) at Fair Value through Profit or Loss Investment Gain Recognized under (6) (25) 7 (75%) (189%)

11. Slide 11: R&D Expenses

    R&D Expenses NT$ million , Make difference 10

12. Slide 12: Financial Statement

    Financial Statement , Make difference 11

13. Slide 13: Automotive

    Automotive , Make difference 12

14. Slide 14: Inside and Around the Cockpit

    Inside and Around the Cockpit Cockpit Automated In-cabin Electronics Driving Acoustics IVI AVM Spatial Sound Display Audio DMS/IMS Auto-EQ Cluster ADAS EC/NR HUD E-Mirror ITU-T Lab APA , Make difference

15. Slide 15: Cockpit Electronics

    Cockpit Electronics , Make difference

16. Slide 16: Display Audio

    Display Audio Connects Vehicle to Person (Personal Device) , Make difference

17. Slide 17: 93% Availability in the US

    93% Availability in the US SUNPLUS , Make difference

18. Slide 18: 79% US buyers only consider CarPlay-capable vehicles

    79% US buyers only consider CarPlay-capable vehicles SUNPLUS , Make difference

19. Slide 19: New CarPlay Features with iOS 16

    New CarPlay Features with iOS 16 Larger Screen More App Types Multiple Display New GUI Widgets Instrument Cluster , Make difference

20. Slide 20: iCockpit Solution

    iCockpit Solution • AVM/ADAS • In-Vehicle-Infotainment • Cluster , Make difference

21. Slide 21: CarPlay Multi-Stream

    CarPlay Multi-Stream SPHE LVDS 8368-P stream1 IVI System Audio AMP stream 1 Stream 1: CarPlay Functions Navigation, Music, Telephony, and Siri, etc. , Make difference

22. Slide 22: CarPlay Multi-Stream

    CarPlay Multi-Stream SPHE LVDS stream2 8368-P stream1 Cluster System IVI System Audio AMP stream 1 + stream 2 Stream 2: Alternative Functions Navigation, Sound Effect Spectrum, or Album Info To Cluster or HUD , Make difference

23. Slide 23: iCockpit: IVI+Cluster

    iCockpit: IVI+Cluster , Make difference

24. Slide 24: iCockpit: IVI+AVM

    iCockpit：IVI+AVM Was: IVI & AVM Box Now: IVI with AVM Built-in All in One Cost Saving , Make difference

25. Slide 25: iCockpit: IVI+ADAS

    iCockpit：IVI+ADAS Mic Camera Speaker Face Face Voice Driver ID. Detection Recognition Recognition Driver Monitor System Face Driver Distraction / Fatigue Voice (DMS) Detection Detection Assistant , Make difference

26. Slide 26: Automated Driving

    Automated Driving , Make difference

27. Slide 27: ADAS Applications

    ADAS Applications AVM AR HUD APA E-Mirror/CMS/DMS , Make difference

28. Slide 28: 3D AVM

    3D AVM , Make difference

29. Slide 29: Driver Monitoring System – Vision-based

    Driver Monitoring System – Vision-based Driver and Interior Monitoring , Make difference

30. Slide 30: Smart Vision Sensors

    Smart Vision Sensors 2 FHD camera inputs Detection: Motorcycles Cars Traffic lights Traffic signs Traffic lanes Pedestrians , Make difference

31. Slide 31: Immersive Sound

    Immersive Sound , Make difference

32. Slide 32: Joy – In-cabin Acoustics

    Joy – In-cabin Acoustics Sound Field with IMS Immersive Sound Sound Bubble (w/ ANC) FRONT Driver Pass.1 Driver Pass.1 Central Pass.2 Pass.3 Pass.2 Pass.3 RAER The IMS sees the occupants Bringing the 3D surround Giving every occupants a quiet and feeds the info to IVI for technology, such as Dolby At

33. Slide 33: Audio

    Audio SUNPLUS , Make difference

34. Slide 34: Audio Solutions

    Audio Solutions Wireless Connection Speech In Speakerphone Video Bar Party Speaker Surround/Woofer Speaker Speaker Out Personal Speaker Boombox Premium Soundbar Gaming Soundbar Karaoke DJ Soundbar , Make difference 33

35. Slide 35: Best Cost-Performance Soundbar Solution

    Best Cost-Performance Soundbar Solution 3D Sound Effects • Dolby ATMOS v1.8 • MPEG-H • DTS: X, IMAX enhanced • Sunplus Spatial Sound AI Sound Classifier Sound Tuning Tool • Advanced AI algorithms accurately • Powerful GUI tuning tool supports classify media content arbitrary sound adjustment Room Co

36. Slide 36: Soundbar

    Soundbar Bridging the gap of Flat-panel HDTV & Home Theater , Make difference 35

37. Slide 37: Room Correction

    Room Correction A real-time DSP technology which automatically compensates and optimizes your room listening environment Soundbar with built-in 1~5M SPA300 MIC MIC Signal , Make difference 36

38. Slide 38: Target Market BT Audio

    Target Market Innovative Bluetooth Audio ecosystem is creating Soundbar Speaker • Surround/Subwoofer Speaker • Low latency, Setup easily Wireless Speaker Karaoke Speaker BT Audio • LE Audio, In-house Sound • Most Karaoke features Algorithm ready • Easily operation through • Built-in Wireless Mic Mob

39. Slide 39: Plus 1

    Plus 1 SUNPLUS , Make difference

40. Slide 40: Plus1: Chiplet Structure

    Plus1：Chiplet Struture Peripheral (P) chip Computing (C) chip 成熟製程 先進製程 GPIO/ I2C/ USB/ UART/ MIPI CPU/ NPU/ GPU / DSP 130nm 55nm 40nm 28nm 16nm 12nm 7nm 製程 <$200K <$400K <$700K <$1M <$3M <$4M >$7M 光罩費用 , Make difference 39

41. Slide 41: C1 – IOT LINUX CHIP

    C1 – IOT LINUX CHIP , Make difference 40

42. Slide 42: , Make difference

    , Make difference 41

43. Slide 43: C3V Application: Robot Market

    C3V Application：Robot Market Smart Robot everywhere in the world Applications Robot vacuums Automatic lawn mower Industrial AMR , Make difference

44. Slide 44: IP Solutions

    IP Solutions Experience Optimized IP Solutions for SoC Design IC Design & IP Design Service Media I/F (Audio/Video) MIPI RX IP，HDMI Tx IP，LVDS IP， AUDIO ADC AUDIO DAC，VIDEO DAC… Data/Com I/F (Networking/Datacom) 10/100 ETHERNET PHY，USB 2.0，USB 3.0 DDR 3/2 PHY，SerDes… SoC Companion SAR ADC，Pipeline A

45. Slide 45: , Make difference

    , Make difference

Sunplus Technology — Q2 2023 Earnings Presentation on 6ix