Slides
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© ASPEED Technology. Property and Confidential ASPEED Technology Investor Conference November 2025
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© ASPEED Technology. Proprietary and Confidential. 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 to update any forward-looking statement, whether as a result of new information, future events, or otherwise. Please note that while we have made every effort to list all significant risks, there may still be other risk factors that have not been identified or currently appear to be insignificant. 投資安全聲明 信驊科技所提供之資訊 (除歷史資訊外)屬預測性陳述，受到各種風險及不確定性因素影響 ，可能造成實際結果 與陳述內容發生顯著不符，這些不確定性因素包括: 受到競爭性產品及定價之影響、設計是否及時被客戶接受、 新技術是否及時導入利用 、新產品大量量產之能力 、產業及市場對產品之供給及需求移轉 、產業及市場是否供 給過剩、製造產能可得利用情況 、終端市場之財務穩定性 、人才留任困難之可能性 、無法預期之成本和費用 、 任何併購相關之不確定性，如主管機關核准之取得 或整合延遲、重要客戶之流失、法律或行政訴訟之涉及、可 能會影響營運之新法規、外匯匯率之波動、全球經濟因素或非經濟因素之影響及其他風險因素等。 請注意，儘管我們已盡力羅列各項重要風險，但仍可能存在尚未識別或當前看似不顯著的其他風險因素。
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© ASPEED Technology. Proprietary and Confidential. ● Company Profile ● 2025 Q3 Financial Results ● Product Portfolio ● Q&A Agenda
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© ASPEED Technology. Proprietary and Confidential. Company Profile
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© ASPEED Technology. Proprietary and Confidential. Company Profile ● Founded in 2004 ● Fabless-lite IC design company ● Number of employees: 148 (as of September 2025) ● Product lineup - Cloud & Enterprise (BMC/BIC/PFR): #1 in BMC - Smart AV (Cupola360 & AVoIP SoC): #1 in AV over IP (1G Ethernet) #1 in Commercial 360 camera ● Locations: - Headquarter: Hsinchu City, Taiwan - Branch office: Taipei City, Taiwan - US office: San Jose, CA
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© ASPEED Technology. Proprietary and Confidential. 2025 Q3 Financial Results
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© ASPEED Technology. Proprietary and Confidential. QoQ YoY In NT$ thousands 3Q25 2Q25 3Q24 3Q25 over 2Q25 3Q25 over 3Q24 Operating Revenue 2,330,084 2,246,547 1,986,435 3.72% 17.30% Gross Profit 1,613,721 1,524,869 1,276,807 5.83% 26.39% Gross Margin (%) 69.26% 67.88% 64.28% +1.38ppts +4.98ppts Operating Expenses 382,254 340,785 325,351 12.17% 17.49% Operating Profit 1,231,467 1,184,084 951,456 4.00% 29.43% Operating Margin (%) 52.85% 52.71% 47.90% +0.14ppts +4.95ppts Non-Operating Income and Expenses 274,859 (397,317) (39,933) -169.18% -788.30% Pre-Tax Profit 1,506,326 786,767 911,523 91.46% 65.25% Net Income 1,214,205 629,097 729,320 93.01% 66.48% Net Profit Margin (%) 52.11% 28.00% 36.72% +24.11ppts +15.39ppts EPS (Basic) 32.12 16.65 19.30 92.91% 66.42% Income Statement
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© ASPEED Technology. Proprietary and Confidential. Consolidated Revenue Unit : NTD 1,000 64% 65% 66% 67% 68% 69% 70% 1,800,000 1,900,000 2,000,000 2,100,000 2,200,000 2,300,000 2,400,000 3Q24 4Q24 1Q25 2Q25 3Q25 Revenue Gross Margin 3Q24 4Q24 1Q25 2Q25 3Q25 QoQ YoY Revenue 1,986,435 2,103,713 2,065,118 2,246,547 2,330,084 3.72% 17.30% Gross Margin 64.28% 65.45% 66.23% 67.88% 69.26% +1.38ppts +4.98ppts
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© ASPEED Technology. Proprietary and Confidential. Operating Profit Unit : NTD 1,000 44% 46% 48% 50% 52% 54% 800,000 900,000 1,000,000 1,100,000 1,200,000 1,300,000 3Q24 4Q24 1Q25 2Q25 3Q25 Operating Profit Operating Margin (%) 3Q24 4Q24 1Q25 2Q25 3Q25 QoQ YoY Operating Profit 951,456 1,000,352 1,027,063 1,184,084 1,231,467 4.00% 29.43% Operating Margin (%) 47.90% 47.55% 49.73% 52.71% 52.85% +0.14ppts +4.95ppts
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© ASPEED Technology. Proprietary and Confidential. Operating Expenses Unit : NTD 1,000 - 100,000 200,000 300,000 400,000 500,000 3Q24 4Q24 1Q25 2Q25 3Q25 R&D Admin Sales 3Q24 4Q24 1Q25 2Q25 3Q25 QoQ YoY R&D 205,974 267,482 244,021 223,223 15,953 -92.85% -92.25% Admin 81,735 76,073 72,548 85,170 77,395 -9.13% -5.31% Sales 37,642 32,946 24,131 32,392 288,906 791.91% 667.51% Operating Expenses 325,351 376,501 340,700 340,785 382,254 12.17% 17.49%
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© ASPEED Technology. Proprietary and Confidential. Net Income Unit : NTD 1,000 10% 20% 30% 40% 50% 60% 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 3Q24 4Q24 1Q25 2Q25 3Q25 Net Income Net Profit Margin (%) 3Q24 4Q24 1Q25 2Q25 3Q25 QoQ YoY Net Income 729,320 942,842 886,770 629,097 1,214,205 93.01% 66.48% Net Profit Margin (%) 36.72% 44.82% 42.94% 28.00% 52.11% +24.11ppts +15.39ppts
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© ASPEED Technology. Proprietary and Confidential. Effective Tax Rate Unit : NTD 1,000 16% 17% 18% 19% 20% 21% 22% - 50,000 100,000 150,000 200,000 250,000 300,000 3Q24 4Q24 1Q25 2Q25 3Q25 Tax Effective Tax Rate (%) 3Q24 4Q24 1Q25 2Q25 3Q25 QoQ YoY Tax 182,203 211,125 218,330 157,670 292,121 85.27% 60.33% Effective Tax Rate (%) 19.99% 18.30% 19.76% 20.04% 19.39% -0.65ppts -0.60ppts
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© ASPEED Technology. Proprietary and Confidential. Earnings Per Share Unit : NTD - 5 10 15 20 25 30 35 3Q24 4Q24 1Q25 2Q25 3Q25 Quarterly 3Q24 4Q24 1Q25 2Q25 3Q25 QoQ YoY EPS 19.30 24.95 23.46 16.65 32.12 92.91% 66.42%
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© ASPEED Technology. Proprietary and Confidential. Product Portfolio
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© ASPEED Technology. Proprietary and Confidential. Product Portfolio BMC：AST2500, AST2600, AST2700, AST2750 BIC：AST1030 PFR：AST1060 I/O Expander：AST1700, AST1800 AV Matrix：AST1520, AST1530 AV Extender: AST1620, AST1630 Cupola360：AST1220, AST1230 Cloud & Enterprise Smart AV
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© ASPEED Technology. Proprietary and Confidential. BMC BIC PFR I/O Expander AVoIP Cupola360 Product Roadmap 2023 2024 2025 2027 AST2700 Ramp-up AST2700 Production-ready AST2700 Design-in Phase AST2600 Ramp-up AST1030 Ramp-up AST1060 Production-ready AST1060 Ramp-up AST1700 Design-in Phase AST1700 Production-ready AST1700 Ramp-up AST1235 Ramp-up AST1540 Production-ready AST1530 & AST1535 Dual Chips Ramp-up AST1532 Ramp-up AST1630 Ramp-up 2026 AST1800 Design-in Phase
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© ASPEED Technology. Proprietary and Confidential. Cloud & Enterprise SoCs Enable Innovation with Comprehensive Solutions Advancing Towards Diverse Applications
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© ASPEED Technology. Proprietary and Confidential. Q&A
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© ASPEED Technology. Proprietary and Confidential.