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Confidential 機密 Powering a Bright and Sustainable Future Together 永續共好．光耀未來 2 0 2 6 / 0 7 / 3 1 2Q26 Earnings Conference LITEON Technology
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Agenda Julia Wang, IR Senior Director • Host • Operation Plan and Growth Strategy Anson Chiu, President 2 • Q&A Anson Chiu, President KT Lim, CFO • 2Q26 Results KT Lim, CFO
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3 Safe Harbor Notice Opto -semiconductors, Automotive Electronics, Intelligent Transportation Lighting Solutions Datacenter, Server, Networking, AIoT , Smart Devices, Video Intelligence Solutions PC , Workstations, Gaming, LEO Satellite & Industrial Power adapters Cloud & AIoT Opto- electronics Information Technology & Consumer Electronics The information contained in the Company’s statements is provided in accordance with applicable regulations and reflects data available as of the reporting date. Such information may become inaccurate or incomplete due to the passage of time or subsequent developments. The Company makes no representation or warranty, express or implied, as to the accuracy or completeness of the information and assumes no obligation to update or revise it. The Company’s statements may contain forward-looking statements, which are based on current expectations, assumptions and projections as of the date of the reporting date, subject to risks and uncertainties, and actual results may differ materially. Factors include, but are not limited to, fluctuations in end market demand, changes in global economic and industry conditions, supply chain disruptions, geopolitical developments, volatility in raw material and energy cost, fluctuations in foreign exchange rate, technological changes, regulatory developments, and other risks described in the Company’s publicly filed documents. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements because of new information, future events, or otherwise. 本資料係依據國際財務報導準則 IFRS 編制
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© LITE -ON Technology Corporation. All Rights Reserved. 2Q26 Financial Results
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Confidential 機密 164,828 173,456 148,333 137,134 166,085 96,111 18.5% 19.2% 22.0% 21.6% 22.9% 24.7% 7.9% 8.7% 9.8% 9.4% 10.1% 12.8% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% - 50,000 100,000 150,000 200,000 250,000 300,000 2021 2022 2023 2024 2025 1H 2026 Revenue GP% OP% 54% 16% 30% 1H26 Product Mix 雲端及物聯網部門 光電部門 (含車電) 資訊及消費性電子部門 32% 21% 47% 12 NT$ Mn 1H22 Product Mix * ** NT$52B NT$27B +66% YoY +25% YoY NT$96B NT$84B Profitable growth in Core Business & Margin Expansion by High-value focus since 2021 *Excludes Image department business **Discontinued some consumer and OEM products
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Confidential 機密 Solid ROIC Driven by AI Infrastructure Expansion and High-Value Business Growth 13 Note: 1. ROIC is calculated as Operating Profit after tax / Average [Net Working Capital + Net PP&E + Right-of-use Assets + Intangible Assets] 28% 35% 43% 55% 49% 48% 22% 2020 2021 2022 2023 2024 2025 1H26 *Annualized • Higher ROIC driven by a rising mix of high-growth and high-value AI-infrastructure products. • Aggressive working-capital management, operational efficiency improvement and disciplined capital deployment will continue to drive invested-capital efficiency.
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Confidential 機密 【2Q26】 • Q2 sales of NT$52.7 billion, up 30% YoY ,21% QoQ; the Cloud & AIoT delivered over 70% yearly growth. • Gross Profit of NT$14.3 billion, up 60% YoY , Gross Margin were 27.2%, up 5.1 ppt YoY; Operating Profit of NT$82 billion, up 120% YoY , Operating Margin were 15.6%, up 6.3 ppt YoY , resulting from synergies of strong demand for AI Datacenter, partial high-end product shipment deferred from 1Q, enhanced high-value business, economies of scale from global capacity expansion, and operational efficiency improvements through smart manufacturing. • Q2 Net profits reached NT$7.1 billion and EPS of NT$3.14, up 126% YoY. 【1H26】 • 1H26 consolidated sales reached NT$96.1 billion, up 25% YoY; Gross Profit of NT$23.8 billion, up 38% YoY , Gross Margin were 24.7%, up 2.4 ppt YoY; • Operating Profit of NT$12.3 billion, up 66% YoY , Operating Margin were 12.8%, up 3.2 ppt YoY; Net profits reached NT$10.9 billion; EPS of NT$4.8, up 66% YoY ,reaching a record high level. 【Core businesses】 • Thanks to increased shipments of cloud computing products for AI server power management and energy storage solutions, cloud- related business has achieved over 100% yearly growth. • Core application in Opto-semiconductors enhanced, driven by advanced visible LED in cloud computing and invisible LED. • In IT&CE, shipments of high-end and LEO satellite power supplies increased yearly. 【Board Resolutions】 • BOD approved the cash dividend of NT$2.5 per share in the second quarter of 2026. 14 2Q26 & 1H26 Executive Summary
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Confidential 機密 © LITE -ON Technology Corporation. All Rights Reserved. Operation Plan and Growth Strategy
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Confidential 機密 Growth Strategy & 3Q26 Outlook 16 Delete this page after prod 1 Delete this page after prod 2 3Q26 Outlook: Core businesses are expected to deliver strong yearly and quarterly growth Driven by next-generation AI power and energy management system upgrades, AI revenue contribution is expected to exceed 30% in 2026: • Next-generation 8.5kW PSU & BBU entering volume production, 110kW Power Shelf entering shipments • 800VDC Power Rack scheduled to complete certification in 2H26 • Strong momentum in high-end IT power supplies, with low-Earth orbit (LEO) satellites power solution more than doubling yearly. LITEON is positioned as a key supplier. Growth Strategy • 2026 CAPEX plan of NT$18 billion, up from NT$13 billion prior. • US$919 million investment in McKinney, Texas to expand advanced manufacturing, operational management and engineering R&D, supporting AI infrastructure and energy management solutions, including HVDC Power Racks.
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17 33kW Power Shelf PSU 5.5kW 800VDC 660kW Power Rack 1H 2H 2026 110kW Power Shelf PSU 18.3kW PSU & BBU 8.5kW 800VDC >1.5MW Power Rack In-rack Power Rack 2.5kW DCDC Brick 50 VDC Input 12 VDC Output Next-generation AI power management and energy storage system upgrades to accelerate growth momentum
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LITEON Delivers Cutting -edge, Fully Integrated Server Power Solutions Tailored for Next -generation HVDC solutions 18 Next-generation Power Rack System Key Components Descriptions Distribute electricity within power rack with AC input, DC output, and hot-swappable component PDU 12kW/2U, supply 50V full-power backup for 45sec during AC power loss 22kW/3U, supply 800V full-power backup for 60sec during AC power loss Unique characteristics of low internal resistance, long cycle and calendar life, and wide operating temperature range High load capacity at >3,000kg; precise manufacturing tolerance <2mm Rack level assembly integration up to level 9 BBU/ Shelf Supercap Shelf Mechanical Rack Power Density >100W/in3, efficiency > 97.5%, working temp at 40~70ﾟC Proven track records in >3kW products for tier-1 customersPSU/ Shelf Data communication between power shelf & system applications Power Management to enable system level configurations and management Power Management Controller
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Confidential 機密 03 02 01 Strategic investment in DenseLight to strengthen positioning in AIDC high -speed optical communications 19 DenseLight's comprehensive InP optical component capabilities and ELS application portfolio support expansion into the AIDC high -speed optical communications market and customer base • Fully integrated InP IDM spanning epitaxy, wafer fabrication, laser components, and packaging & testing, strong focus on InP CW DFB lasers and ELS solutions for AI high -speed optical modules, with a diversified global customer base. Source: Mobilityforesights，2026/05； Grand View Research InP-based CW DFB Lasers data center applications to support 800G / 1.6T front-end and back-end Coherent Comms Laser Gain chip for 800G / 1.6T-ZR and TX-SOA for 800G-ZR Key Data Center Products Note 1: DenseLightSemiconductors Pte Ltd is the 100% subsidiary (operating entity) of DenseLlightPhotonics (Cayman) Co., Ltd. (holding company) Note 2. based on 88,403,059 outstanding shares of DenseLlightPhotonics (Cayman) Co., Ltd.after investment Note 3. Based on consolidated revenue of DenseLlight Photonics (Cayman) Co., Ltd. in 2025 20 35 0 10 20 30 40 2026 2030 Global Data Center Optical Interconnect Market Size (USD BN) ~15% CAGR Singapore InP-based optical communications component IDM • Target: DenseLight Photonics (Cayman) Co., Ltd.1 • Investment amount: USD 34.2 million • Purchase shares: ~18.8 million shares • Shareholding: ~21.22%2 • Board seats: one board seat • Valuation: P/S ~18x3 Expanding from core optical competency to AIDC system -level optical communications solution provider • LITEON enables global production and delivery through advanced optical packaging, system integration and cross -regional manufacturing, enhancing supply chain resilience to meet hyperscalers ’ diverse and global needs. Capturing AI Infrastructure Optical Communications Growth Driven by Rising AIDC Data Transmission Demand • Rising AI bandwidth demand drives high -speed optical communications adoption. Growing penetration of 800G, 1.6T and future 3.2T optical modules is expected to expand the global data center optical interconnect market to US$35 billion by 2030 (15% CAGR), creating long -term growth opportunities for LITEON across the AIDC optical communications value chain.
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Confidential 機密 Powering a Bright and Sustainable Future Together