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CA 中美 矽晶 製品 股份有限公司 Sino - American Silicon Products Inc. SAS ( 5483TT ) SAS Q2 2026 Earnings Call 2026/08/07 © Sino - American Silicon Products Inc. All rights reserved .
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© Sino-American Silicon Products Inc. All rights reserved. Disclaimer This presentation has been prepared by Sino-American Silicon Products Inc. (the “Company”). This presentation and the materials provided herewith do not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire securities of the Company in any jurisdiction or an inducement to enter into investment activity, nor may it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. Any decision to purchase securities in a proposed offering should be made solely on the basis of the information contained in the offering circular published in relation to such proposed offering, if any. The information contained in this presentation has not been independently verified. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained herein. The information contained in this document should be considered in the context of the circumstances prevailing at the time and has not been, and will not be, updated to reflect material developments which may occur after the date of the presentation. None of the Company nor any of its affiliates, advisors or representatives will be liable (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with the presentation. 2
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© Sino-American Silicon Products Inc. All rights reserved. 01 Executive Comment 3 © Sino-American Silicon Products Inc. All rights reserved.
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© Sino-American Silicon Products Inc. All rights reserved. 5,073 4,504 5,123 4,784 3,857 5,518 2025 2026 Q1 Q2 Q3 Q4 20251H, 25.7% 20261H, 22.9% 4 Revenue 19,373 19,382 20,231 21,119 19,084 19,483 2025 2026 Q1 Q2 Q3 Q4 78,171 Gross Profit (%) (NT$ Mn) (NT$ Mn;%) • Q226 → NT$21.1 billion, 8.96% QoQ • 1H26 → NT$40.5 billion, 2.26% YoY • Q226 → 22.7% • 1H26 → 22.9% Gross Profit (%) 19,571 Executive Comments 1. Financial Highlights 40,501 9,288 Record-high Q2 revenue for the same period. 2nd-highest 1H revenue for the same period.
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© Sino-American Silicon Products Inc. All rights reserved. 2,929 2,302 2,828 2,248 1,673 3362 2025 2026 Q1 Q2 Q3 Q4 20251H, 14.5% 20261H, 11.2% 5 Operating Income (%) 10,792 (NT$ Mn;%) Operating Income (%) 1,798 2,610 1,728 4,453 2,521 3,235 2025 2026 Q1 Q2 Q3 Q4 20251H, 8.9% 20261H, 17.4% Net Profit (%) 9,282 (NT$ Mn;%) Net Profit (%) Executive Comments 1. Financial Highlights • Q226 → 21.1% • 1H26 → 17.4% • Q226 → 10.6% • 1H26 → 11.2% 4,550 7,063 2nd-highest Q2 net profit for the same period. 3rd-highest 1H net profit for the same period.
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© Sino-American Silicon Products Inc. All rights reserved. 6 EPS (NT$) • Q226 → NT$3.19 • 1H26 → NT$5.02 1.19 1.83 1.17 3.191.71 2.63 2025 2026 Q1 Q2 Q3 Q4 6.71 Executive Comments 1. Financial Highlights 5.02 3rd-highest Q2 EPS for the same period.
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© Sino-American Silicon Products Inc. All rights reserved. 7 Executive Comments 2. Operating Highlights of Subsidiaries and Affiliates Sino-American Silicon Products Inc. (SAS, 5483:TT) Diversified semiconductor, automotive component and renewable energy group ▪ Record revenue — Diversified investments across semiconductor, automotive component, and renewable energy contributed to record Q226 revenue, demonstrating increasing cross-business synergies despite a mixed macro backdrop in certain regions. ▪ International expansion — SAS announced a joint investment with URECO to establish a solar module manufacturing company in the US, with planned annual module production capacity of 1 GW, strengthening local supply capabilities to support growing AI-driven electricity demand. ▪ Strategic asset harvesting — SAS listed Susen Green Energy (SGE) on TPEx Emerging Stock Board (Jun 29, 2026) marking a key milestone in realizing value from the Group’s renewable energy investments. ▪ Sustainable supply chain leadership — Through its semiconductor and renewable energy businesses, SAS continues to strengthen the Group’s capabilities in product traceability and low-carbon manufacturing, supporting customers’ sustainability and supply chain requirements. Susen Green Energy (SGE, 7931:TT) AI-powered energy transition platform / comprehensive green power solution provider ▪ End-to-end energy solutions — Integrated "Generation, Retail, Storage and Efficiency" services supporting enterprises' RE100 and net-zero transition. ▪ Scale and long-term Contracts — Operates an integrated energy platform that brings together nearly 2,300 power plants with annual generation exceeding 1 GW solar power, supported by a long- term contract base (>85% of contracts exceed 10 years) and signed contracts exceed NT$100 billion. ▪ Taiwan Offshore Wind First-mover — Positioned as Taiwan’s first private- sector renewable energy retailer of offshore wind energy, strengthening its renewable energy offering for enterprise customers. Sustainable Sunrise Co., Ltd. (SUN) Taiwan-made Solar Cells for Global Markets ▪ Diversified overseas demand — Overseas orders remain strong and broad-based across regions, with SUN’s Taiwan-made solar cells continuing to gain traction across a diversified international customer base. ▪ Specialized solar applications — Strong demand from low-earth- orbit (LEO) satellite applications and strategic focus on zero energy buildings continues to support mass production of SUN’s specialized solar products.
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© Sino-American Silicon Products Inc. All rights reserved. 8 Executive Comments 2. Operating Highlights of Subsidiaries and Affiliates Notes: “LD” denotes Laser Diode; “PD” denotes Photo Diode GlobalWafers (GWC, 6488:TT) Advanced silicon and compound semiconductor wafers / AI data centers, automotive, and power management ▪ Revenue — 1H26 revenue was NT$29.2 billion, representing a 7.6% YoY decrease. ▪ Structural Growth — Second-quarter revenue rebounded significantly from the first quarter, reflecting improving operating momentum supported by recovering semiconductor market conditions and sustained demand for high-end applications. ▪ Recovery broadening — Industry recovery continued to broaden beyond AI-related applications, with existing 12-inch wafer lines remaining fully utilized and utilization across 8-inch and 6-inch wafer lines continuing to improve. ▪ Global manufacturing footprint — Global expansion projects continued to progress, with selected SOI products entering volume production in Missouri (US), customer qualifications advancing at the Sherman (US) and Novara (Italy) facilities, and the Utsunomiya (Japan) expansion contributing to revenue, margin and cash flow. ▪ Customer collaboration — Continued to deepen long-term partnerships with global customers, highlighted by the recently announced 10-year strategic collaboration with Micron. Supported by GlobalWafers‘ global manufacturing footprint, the Company continues to expand its portfolio of high-value-added products, including SOI, GaN, SiC and square wafer, serving growing demand from AI, high-performance computing (HPC), automotive, and industrial applications while enhancing long-term business visibility. Advanced Wireless Semiconductor (AWSC, 8086:TT) RF components / smartphones, drones and optical communications ▪ Revenue — 1H26 revenue was NT$2.5 billion, representing a 44.4% YoY increase. Both revenue and EPS reached their second-highest levels for the same period. ▪ Product mix — continued to deepen customer collaboration, with its advanced technologies adopted in mid-to-high-end smartphones, further optimizing its product mix and reducing the impact of weakness in the low-end smartphone market. ▪ New demand vectors — Drone WiFi demand continues to expand as applications broaden and performance reequipments increase, with GaAs WiFi PAs becoming a mainstream demand category. In addition, demand for optical communication components continues to grow, driven by AI data centers and higher-speed data transmission. LDs and PDs are key components. The Company has initiated cooperation with multiple international customers, and the related products have entered the customer sampling and qualification stage.
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© Sino-American Silicon Products Inc. All rights reserved. 9 Executive Comments 2. Operating Highlights of Subsidiaries and Affiliates Taiwan Specialty Chemicals Corporation (TSC, 4772:TT) Actron Technology (Actron, 8255:TT) Hung Jie Technology Corporation (HJT) Automotive power semiconductors / industrial and AI power modules ▪ Revenue — 1H26 revenue was NT$4.1 billion, representing a 4.9% YoY decrease. ▪ Resilient demand — Global OEM and Tier-1 customers continue to provide a stable demand base across STD / LLD / ULLD, automotive MOSFET and power module products, supporting by long-standing customer relationships and ongoing product upgrades. ▪ Customer adoption — Continued customer adoption for ICE and hybrid-vehicle applications supports ongoing design-in and progression toward volume production. ▪ Long-term growth drivers — Customer programs in SiC Power Modules, SiC IPMs, high-voltage semiconductors and AI Power Electronics continue to progress in line with development schedules across AI date centers, industrial power, energy storage, HVDC, and solid-state transformer applications. Semiconductor component cleaning, coating, maintenance services ▪ Revenue — 1H26 revenue was NT$782.7 million, representing a 6.4% YoY increase. ▪ Advanced process ramp — Supported by advanced process projects entering mass production following successful qualification, driving record-high revenue. ▪ Capacity expansion — Capacity is approaching full utilization; with the Hsinchu and Tainan expansions progressing according to plan. ▪ 2026 growth drivers — Mass production of advanced process projects will remain the primary driver, while advanced packaging projects continue to progress through customer validation and new product introductions. Specialty gases / semiconductor materials ▪ Revenue — In 1H26, standalone revenue rose 29.7% YoY, while consolidated revenue reached NT$1.7 billion, up 262.8% YoY. Both consolidated revenue and EPS reached record highs. ▪ Order visibility — The company’s core disilane product continues to benefit from strong order visibility and sustained customer demand, with capacity expansion planned to meet customer demand. ▪ Certification momentum — AHF has entered stable supply, while certifications continue to progress across multiple semiconductor customers, supporting higher utilization and future capacity expansion. ▪ Precursor pipeline — The first precursor product is undergoing customer qualification and process evaluations. ▪ Growth — Strong customer demand supporting ongoing capacity expansion across both the core business and subsidiary HJT. Notes: “STD” denotes Standard Recovery Diode; “LLD” denotes Low Loss Diode; “ULLD” denotes Ultra -Low Loss Diode; “SiC IPM” denotes Silicon Carbide Intelligent Power Module
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© Sino-American Silicon Products Inc. All rights reserved. 3. Renewable Energy Industry Overview ✓ Global electricity demand is forecast to increase from 28,200 TWh (2025) to 33,600 TWh (2035), representing ~20% growth over 5 years, driven by AI data centers, electrification, industrial production and extreme weather. Incremental electricity demand over the next five years is expected to be approximately 50% higher than the past-decade average, accelerating investment in generation and grid infrastructure. ✓ Renewables, particularly solar PV, are expected to remain the primary source of new power generation, with renewable output projected to increase by approximately 1,000 TWh annually by 2030, including more than 600 TWh from solar PV, driving greater investment in energy storage, grid flexibility and integrated energy services. ✓ Taiwan's electricity demand is forecast to increase from 283 TWh (2025) to 329 TWh (2035), representing 16% growth over 5 years. Together with the government's target to expand renewable energy generation capacity to 58GW by 2035, these trends are expected to support long-term demand for green power procurement, renewable energy certificates, and energy management solutions. 4. Low Earth Orbit (LEO) Satellite Industry Overview ✓ Against a backdrop of rising data consumption, digitalization, and increasing emphasis on communications resilience, LEO satellites are emerging as a critical layer of next-generation communications infrastructure. Their low-latency and broad- coverage advantages are driving adoption across broadband, IoT, aviation, maritime, emergency response, and defense applications. The industry is entering a rapid deployment phase, with 4,434 satellites launched in 2025 and up to 70,000 LEO satellites expected to be launched globally over the next five years. ✓ Industry development is increasingly driven by demand for resilient, always-on connectivity beyond traditional broadband services. Satellite broadband subscribers grew 62% in 2025, while governments and telecom operators are accelerating hybrid satellite-terrestrial network deployments to extend coverage, strengthen network resilience, and support emerging direct-to-device communications, reinforcing LEO satellites' role in the global digital infrastructure ecosystem. 10 Executive Comments
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© Sino-American Silicon Products Inc. All rights reserved. 4,112 2,914 4,123 3,140 2,662 3,726 2025 2026 Q1 Q2 Q3 Q4 2025 1H, 26.1% 2026 1H, 20.7% Executive Comments ➢ Financial Highlights - GWC 11 Revenue 15,595 13,985 16,008 15,214 14,493 14,502 2025 2026 Q1 Q2 Q3 Q4 60,598 (NT$ Mn) Gross Profit Margin (%) 14,624 (NT$ Mn) Gross Profit Margin (%) • Q226 → NT$15.2 billion, 8.79% QoQ • 1H26 → NT$29.2 billion, -7.60% YoY • Q226 → 20.6% • 1H26 → 20.7% 29,199 6,054
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© Sino-American Silicon Products Inc. All rights reserved. • Q226 → 9.4% • 1H26 → 9.9% 2,589 1,475 2,438 1,423 1,230 2,379 2025 2026 Q1 Q2 Q3 Q4 Operating Income (%) 2025 1H, 15.9% 2026 1H, 9.9% Executive Comments ➢ Financial Highlights - GWC 12 8,636 (NT$ Mn) Operating Income (%) 1,456 1,896 1,682 3,779 1,969 2,205 2025 2026 Q1 Q2 Q3 Q4 2025 1H, 9.9% 2026 1H, 19.4% Net Profit (%) 7,312 (NT$ Mn) Net Profit (%) • Q226 → 24.8% • 1H26 → 19.4% 2,898 5,675
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© Sino-American Silicon Products Inc. All rights reserved. • Q226 → NT$7.90 • 1H26 → NT$11.87 EPS Executive Comments ➢ Financial Highlights - GWC 13 Note: 1. FX Rate: NTD:USD = 31.85, including guarantee (NT$) Prepayment 3.05 3.97 3.52 7.904.12 4.60 2025 2026 Q1 Q2 Q3 Q4 15.29 11.87 • NT$20.8 billion (US$0.66 billion)1
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© Sino-American Silicon Products Inc. All rights reserved. Executive Comments ➢ Industry & Overview - GWC ◼ Improved outlook as AI demand broadens while recovery remains gradual and uneven ✓ AI demand structurally robust – Leading hyperscalers continue to raise their AI-related capex outlooks, supporting visibility into strong demand cycle over the medium term. Rising compute and memory requirements, particularly from agentic AI and greater cloud-edge orchestration, are key drivers of this growth. ✓ Recovery is broadening but remains gradual and uneven – Customer inventory levels are returning to healthier levels, and order visibility is improving across wider range of end markets and applications. AI demand is also broadening beyond advanced nodes and improving conditions in selected mature nodes such as industrial and power, as well as extending to emerging applications (e.g. AI wearables, next-gen communications). ✓ Global supply chain restructuring is reshaping priorities – Customers are placing greater emphasis on supply certainty, regional production and operational resilience as geopolitical uncertainty continues to reshapes supply chains. Procurement criteria are broadening beyond price to include supply stability, localized and low-carbon manufacturing capabilities, product traceability, renewable energy availability, and deeper long-term collaboration. ✓ Technology roadmaps are tightening advanced wafer supply– Continued investments in AI, new packaging technologies and advanced process migration are increasing wafer intensity and qualification requirements. Supply-demand conditions remain tight across selected high-specification products, supported by strong demand and limited number of suppliers capable of producing qualified advanced wafers. 14
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© Sino-American Silicon Products Inc. All rights reserved. Executive Comments ➢ Industry & Overview - GWC ◼ GWC well-positioned to benefit as AI-led growth broadens across end markets ✓ Improving utilization supported by stronger operating momentum – Beyond strong demand for AI and advanced nodes, demand in mature nodes such as industrial and power management has continued to improve. Existing 12-inch wafer lines remain fully utilized, excluding newly added capacity still in the ramping stage. 8-inch wafer lines maintained high utilization with recovery extending gradually to 6-inch wafer lines. ✓ Expansions beginning to bear fruit – GWC has continued to invest in its global capacity expansion strategy in recent years. As new capacity is progressively completed and qualified, the Company is increasingly focused on customer qualification, production ramp-up and operational optimization. Combined with supportive industry fundamentals, these investments enable GWC to capitalize on growth opportunities and further unlock the value of its newer and expanded manufacturing sites. ✓ Comprehensive global manufacturing footprint – GWC’s diversified production network is aligned with customers’ regional expansion plans, strengthening localized supply capabilities and enabling closer, more responsive service across key markets. GWC will continue to flexibly allocate capacity according to customer demand and qualification progress, while enhancing supply stability and operational efficiency through long- term partnerships, including the recently announced strategic collaboration with Micron. ✓ High-value portfolio expansion progressing – Strong demand visibility into advanced and specialty products such as SOI, GaN, 12-inch SiC and square wafers. Most of GWC’s newer sites are catered towards producing higher technology silicon wafer products, positioning the Company for future high-value opportunities. 15
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© Sino-American Silicon Products Inc. All rights reserved. 02 Company Overview 16 © Sino-American Silicon Products Inc. All rights reserved.
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© Sino-American Silicon Products Inc. All rights reserved. Strategic Enabler to Enhance Group Synergies ◼ SAS is a conglomerate with footprints spanning across semiconductor, automotive components, and renewable energy. Through an active investment strategy and its ability to identify high-potential companies in the past decades, it has successfully established an increasingly balanced and diversified business portfolio. ◼ SAS fosters synergistic collaborations with its key group companies, facilitating mutual expansion of operational scope and driving the continued growth of both SAS and its affiliates. 17 Semiconductors Automotive Components Renewable Energy 50%+ Auto LLD Market Share (Actron, 8255:TT) No.3 Semiconductor Wafer Manufacturer (GWC, 6488:TT) Only 2 Globally Recognized Trisilane Manufacturing Technologies (TSC, 4772:TT) No.2 GaAs Foundry Company with 20%+ Market Share (AWSC, 8086:TT) Advanced Equipment Cleaning & Inspection High-Efficiency Power Devices Provider (Mosel, 2342:TT) Renewable Energy Production Business Business (SUN) Renewable Energy Production Business (SGE1, 7931:TT) Notes: 1. Change of company name: the original name of Susen Green Energy Co., Ltd.(SGE) is known as Sunrise PV Three Co., Ltd.(SPV3).
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© Sino-American Silicon Products Inc. All rights reserved. 263 640 870 857 893 Q225 Q325 Q425 Q126 Q226 ◼ SAS Group Companies: GlobalWafers, AWSC, and TSC Maintained Solid Operating Performance and Growth Momentum. GlobalWafers Actron Technology Taiwan Speciality Chemicals1Advanced Wireless Semiconductor Revenue (NT$Mn) 2,163 1,987 1,839 2,037 2,032 Q225 Q325 Q425 Q126 Q226 974 1,117 1,253 1,222 1,298 Q225 Q325 Q425 Q126 Q226 Revenue (NT$Mn) Revenue (NT$Mn)Revenue (NT$Mn) 16,008 14,493 14,502 13,985 15,214 Q225 Q325 Q425 Q126 Q226 Q226 Revenue QoQ 8.8% 18 Performance of Key Group Companies – (1) Notes: 1. HJT’s revenue has been included in TSC’s consolidated revenue since August 2025. Q226 Revenue QoQ 6.2% Q226 Revenue QoQ -0.3% Q226 Revenue QoQ 4.3% Record-high 1H revenue 2nd-highest 1H revenue for the same period
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© Sino-American Silicon Products Inc. All rights reserved. ◼ SAS Group Companies: GlobalWafers, AWSC and TSC delivered impressive EPS performance. GlobalWafers Actron Technology Taiwan Speciality Chemicals2Advanced Wireless Semiconductor 0.38 1.94 1.68 1.70 1.44 Q225 Q325 Q425 Q126 Q226 0.79 1.21 1.50 1.33 1.50 Q225 Q325 Q425 Q126 Q226 0.50 1.11 1.33 1.51 1.42 Q225 Q325 Q425 Q126 Q226 3.52 4.12 4.60 3.97 7.90 Q225 Q325 Q425 Q126 Q226 Notes: 1. HJT’s revenue has been included in TSC’s consolidated revenue since August 2025. Performance of Key Group Companies – (2) 19 Q226 EPS QoQ 99% Q226 EPS QoQ -6.0% Q226 EPS QoQ 12.8% Q226 EPS QoQ -15.3% Record-high 1H EPS 2nd-highest 1H EPS for the same period
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© Sino-American Silicon Products Inc. All rights reserved. Dual-Track Strategy for the Renewable Energy Value Chain ◼ In response to the global energy transition and rising demand for green power, SAS completed its 2025 organizational restructuring, establishing a "Manufacturing + Services" dual-track business framework. SUN focuses on high-reliability products for high-spec applications, while SGE has built an integrated platform covering generation, sales, storage, and energy efficiency, providing one- stop solutions to support enterprises in optimizing energy use and advancing net-zero transition. 20 Notes: 1. Change of company name: the original name of Susen Green Energy Co., Ltd.(SGE) is known as Sunrise PV Three Co., Ltd.(SPV3). 2. Relocate Energy Storage Co., Ltd.；3. EcoSoar Energy Service Co., Ltd 4. Shareholding status updated to June 30, 2026. Renewable Energy Sales and Service Solution Renewable Energy Production BusinessSubsidiary SGE1, (7931:TT) Subsidiary SUN AnnealSES RES2 EES3SPW (Branch of SGE, 100 % owned by SGE) (100% owned by SGE) (100% owned by SGE) (60% owned by SGE) (60% owned by SGE) (84.9% owned by SAS) (100% owned by SAS) O&M EPC Renewable Energy Service Energy Storage Management Energy Service (ESCO)
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© Sino-American Silicon Products Inc. All rights reserved. (Manufacturing) SUN: A High-Value Customized Cell Solution Provider 21 Establishing a Technology Moat to Sustain Leadership • Cell conversion efficiency of 26%, industry-leading • Validated under VPC high-reliability standards • Recipient of multiple “Golden Energy Awards” for solar cells ◼ SUN, SAS's wholly owned subsidiary in Yilan, integrates differentiated technology, a compliant supply chain, and high-value applications as its three core strengths, while leveraging a diversified market presence to mitigate single-market risk, strengthen its market positioning, and drive long-term sustainable growth. Building a Compliant Supply Chain to Access Global Markets • Trusted, secure, and reliable supply chain • Backed by a mature material traceability platform • Favorable tariff positioning • Received Responsible Business Alliance (RBA) Silver Recognition1 • Diversified customer base across the US, Japan, and Taiwan Expanding into High-End Applications to Enhance Value • Strong customized cell and module design capabilities • Applications in zero-energy buildings, LEO satellites, and other high-barrier segments Notes: 1. SAS’s Yilan site passed the RBA VAP audit and received Silver Recognition.
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© Sino-American Silicon Products Inc. All rights reserved. (Services) SGE (7931:TT): A One-Stop RE100 Solution Provider Integrating Power Generation, Retail, Storage And Efficiency Solutions Power Generation Develop, build (EPC), and operate (O&M) solar projects to deliver reliable green power supply Notes: 1. Performance Highlights – Data as of June 30, 2026 ◼ Listed on the Emerging Stock Board on Jun 29, 2026, SGE is positioned as a one-stop RE100 solutions provider, addressing growing demand driven by global net-zero transition, RE100 supply chain requirements and AI data center expansion. ◼ SGE integrates power generation, electricity retail, energy storage and energy efficiency into a comprehensive energy solutions platform. ◼ SGE provides one-stop energy transition solutions that help customers improve energy efficiency, strengthen power resilience and meet decarbonization objectives. Power Retail Leverage the AI-powered ZEUS platform to integrate diversified renewable energy resources and provide green power wheeling, RECs, and green energy consulting services 1 2 3 4 Energy Storage Deploy intelligent energy storage solutions to enhance power resilience and optimize energy costs Energy Efficiency Utilize the Aura-Sync AI platform to improve equipment efficiency and optimize energy management 22
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© Sino-American Silicon Products Inc. All rights reserved. (Services) SGE (7931:TT): Well Positioned to Capture Structural Growth Opportunities 23 Notes: 1. Performance Highlights – Data as of June 30, 2026 Well positioned to capitalize on following industry tailwinds, supported by differentiated capabilities and a proven track record. ◼ Corporate RE100 adoption and AI-driven electricity demand continue to accelerate demand for renewable energy procurement. ◼ Taiwan’s tighten energy efficiency regulations are expanding demand for ESCO and intelligent energy management services. ◼ Technology enterprises increasingly require integrated energy solutions, creating opportunities beyond renewable power procurement. Core Strengths Performance Highlights1 Trusted Long-term Partnerships Long-duration PPAs with high-quality customers underpin recurring revenue visibility AI-Enabled Energy Management ZEUS and Aura-Sync optimize power matching and energy efficiency Diversified Renewable Energy Portfolio Diversified green power supply from wind, solar, and hydro One-Stop RE100 Solutions Supporting customers’ transition from renewable power procurement to broader energy transformation Integrated Energy Platform Integrating power generation, power retail, energy storage, and energy efficiency Nearly 2,300 Renewable Power Plants Integrated Over 1 GW of Solar Power Generation Total Contracted Renewable Energy Volume Over 80,000 Renewable Energy Certificates Secured Over 85% Long-Term Contracts (10+ Years) NT$100 Billion Signed Contract Value 1 2 3 4 5
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© Sino-American Silicon Products Inc. All rights reserved. 03 Financial Statement 24 © Sino-American Silicon Products Inc. All rights reserved.
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© Sino-American Silicon Products Inc. All rights reserved. SAS Financial Highlight : Q226 vs. Q126 vs. Q225 (NT$Mn, except EPS) Q226 Q126 Q225 QoQ YoY Revenue 21,119 19,382 20,231 9.0% 4.4% Gross Profit % 22.7% 23.2% 25.3% -0.5p.p. -2.6p.p. Operating Income 2,248 2,302 2,828 -2.4% -20.5% Operating Income % 10.6% 11.9% 14.0% -1.3p.p. -3.4p.p. Net Profit 4,453 2,610 1,728 70.6% 157.7% Net Profit % 21.1% 13.5% 8.5% 7.6p.p. 12.6p.p. EPS1 NT$3.19 NT$1.83 NT$1.17 NT$1.36 NT$2.02 EBITDA2 8,446 5,707 5,101 48.0% 65.6% EBITDA % 40.0% 29.4% 25.2% 10.6p.p. 14.8p.p. EBIT3 5,445 2,919 2,139 86.5% 154.6% ROE4 (annualized) 14.8% 8.8% 6.2% 6.0p.p. 8.6p.p. ROA5 (annualized) 6.7% 4.5% 3.0% 2.2p.p. 3.7p.p. Notes: 1. EPS = Net Profit Attributable To The Shareholders of The Company/Weighted -average Number of Ordinary Shares Outstanding Durin g The Period 2. EBITDA = Net Profit + Tax + Interests + Depreciation + Amortization 3. EBIT = Net Profit + Tax + interests 4. ROE = Net Profit / Average Shareholders Equity 5. ROA = (Net Profit + Interest*(1- Effective Tax Rate))/Average Asset 25
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© Sino-American Silicon Products Inc. All rights reserved. SAS Financial Highlight : 1H26 vs. 1H25 (NT$Mn, except EPS) 1H26 1H25 YoY Revenue 40,501 39,604 2.3% Gross Profit % 22.9% 25.7% -2.8p.p. Operating Income 4,550 5,757 -21.0% Operating Income % 11.2% 14.5% -3.3p.p. Net Profit 7,063 3,526 100.3% Net Profit % 17.4% 8.9% 8.5p.p. EPS1 NT$5.02 NT$2.37 NT$2.65 EBITDA2 14,153 10,071 40.5% EBITDA % 34.9% 25.4% 9.5p.p. EBIT3 8,365 4,329 93.2% ROE4 (annualized) 11.7% 6.3% 5.4p.p. ROA5 (annualized) 6.0% 3.0% 3.0p.p. 26 Notes: 1. EPS = Net Profit Attributable To The Shareholders of The Company/Weighted -average Number of Ordinary Shares Outstanding Durin g The Period 2. EBITDA = Net Profit + Tax + Interests + Depreciation + Amortization 3. EBIT = Net Profit + Tax + interests 4. ROE = Net Profit / Average Shareholders Equity 5. ROA = (Net Profit + Interest*(1- Effective Tax Rate))/Average Asset
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© Sino-American Silicon Products Inc. All rights reserved. SAS Income Statement (NT$ Mn) 2025 Q126 Q226 1H26 1H26 simulated1 Revenue 78,171 19,382 21,1193 40,501 38,804 Growth (%)2 -1.9% -0.5% 9.0% 2.3% - Gross Profit 19,571 4,504 4,7845 9,288 12,152 Gross Profit Margin (%) 25.0% 23.2%3 22.7% 22.9% 31.3% EBITDA 21,819 5,707 8,446 14,153 13,527 EBITDA Margin (%) 27.9% 29.4% 40.0% 34.9% 34.86% Operating Income 10,792 2,302 2,2485 4,550 7,869 Operating Profit Margin (%) 13.8% 11.9% 10.6% 11.2% 20.3% Profit before Tax 11,841 3,238 5,4644 8,701 8,599 Profit before Tax Margin (%) 15.1% 16.7% 25.9% 21.5% 22.2% Net Profit 9,282 2,6104 4,453 7,063 6,775 Net Profit Margin (%) 11.9% 13.5% 21.1% 17.4% 17.5% EPS (NT$) 9.24 6.71 3.19 5.02 4.70 27 Note: 1. Simulated figures exclude the impact of GlobalWafers’ major expansion projects in the U.S., Italy, and Japan, as well as fair value changes in its Siltronic shareholding. 2. Growth figures represent year-over-year (YoY) changes 3. Q226 revenue increased QoQ, driven by solid core business growth and rising contributions from the Group’s diversified busine sses. 4. Q226 profit before tax increased QoQ, mainly due to mark -to-market gains on Siltronic shares held by subsidiary GlobalWafers. 5. Q226 gross and operating margins declined, mainly reflecting higher depreciation and ramp -up costs at subsidiary GlobalWafers’ newly expanded facilities.
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© Sino-American Silicon Products Inc. All rights reserved. SAS Balance Sheet (NT$ Mn) 2024 2025 Q126 Q226 Assets Cash and cash equivalents 54,137 34,746 36,670 36,737 Account receivable 12,592 13,089 13,389 13,770 Inventories 13,976 13,905 14,263 15,354 Property, plant and equipment 137,362 125,716 127,127 126,751 Other assets 53,265 81,505 69,633 77,885 Total assets 271,331 268,962 261,082 270,496 Liabilities Short-term loan1 31,277 36,390 40,739 44,893 Account payable 6,069 6,194 5,536 6,883 Long term loan2 42,917 48,402 34,432 38,495 Other liabilities 75,513 59,158 61,772 57,497 Total liabilities 155,777 150,144 142,479 147,768 Shareholder equity 115,555 118,818 118,603 122,729 (NT$ Mn) Q226 Deposits in banks held for three months or more 4,768 Restricted Cash 18,019 Note 6,338 Cash-related other assets include below items from the subsidiary, GlobalWafers: 28
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© Sino-American Silicon Products Inc. All rights reserved. 04 ESG Highlight 29 © Sino-American Silicon Products Inc. All rights reserved.
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© Sino-American Silicon Products Inc. All rights reserved. Environmental Aspect: CDP Water Security Rating Achieves Leadership Level A ◼ In the 2025 CDP assessment, SAS received an A rating in Water Security, the highest leadership level. The Company achieved A ratings in 9 of the 11 assessment categories, demonstrating its strong commitment to water resource management. ◼ SAS has integrated water management into its Board oversight and corporate governance framework. Guided by the principles of source reduction, wastewater segregation, classified treatment, and recycling & reuse, the Company continues to strengthen water conservation and pollution prevention. Comprehensive biological treatment systems at all manufacturing sites further improve organic pollutant removal efficiency and overall treatment stability. 30 Source Reduction Wastewater Segregation Classified Treatment Recycling & Reuse 2025 Key Achievements Improve water-use efficiency and reduce wastewater generation. Apply physical and biological treatment processes to reduce pollutants and environmental risks. 80% Zhunan Site Wastewater Pollutant Removal Rate 90% SUN Reduction in Biological Sludge from Wastewater Treatment Increase wastewater recycling efficiency and support the Company's circular economy commitment. Separate wastewater by its characteristics to improve treatment efficiency.
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© Sino-American Silicon Products Inc. All rights reserved. Social Aspect: Social Engagement and Community Initiatives ◼ Guided by its philosophy of "Caring for Society and Sustainable Development," the SAS Group not only continues to advance technological innovation and industrial development, but also leverages its expertise and resources to promote science education, renewable energy education, and talent development. ◼ In 2026, SAS and GlobalWafers, together with IC Broadcasting and Hsuan Chuang University, organized the Pioneer Program – Public Science Camp for the third consecutive year. This year, the program was also joined by the Group's renewable energy services subsidiary, SGE, providing renewable energy education, hands-on scientific experiments, and interactive learning experiences to help students in underserved communities better understand science and renewable energy, fostering sustainability awareness from an early age while creating more opportunities for learning and exploration for the next generation. 31
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© Sino-American Silicon Products Inc. All rights reserved. Governance Aspect: Responsible Growth ◼ SAS has been ranked among the top 5% of TPEx-listed companies in the Corporate Governance Evaluation for the twelfth consecutive year and was recognized among the top 10% of electronics companies with a market capitalization exceeding NT$10 billion for the first time. Among the 1,810 companies participating in the 2025 evaluation, only 40 achieved a top-5% ranking, reflecting SAS’s long-standing commitment to corporate governance, information transparency, and sustainable development. ◼ Its subsidiary GlobalWafers was also ranked among the top 5% for the eighth consecutive year and was recognized among the top 10% of electronics companies with a market capitalization exceeding NT$10 billion. In addition, affiliated companies Actron and AWSC were ranked among the top 5%, while TSC, participating for the first time, was placed within the 6%–20% tier, reflecting the Group’s collective commitment to governance excellence and sustainable development. 32 Received a CDP Water Security A Leadership Level rating and Climate Change B rating in 2025 Enhanced Sustainability Performance Received the “Excellence Award for Promoting Workplace Equality” for three consecutive years; subsidiary SUN received the Silver Award in the “Health Workplace Benchmark Award” Friendly and Healthy Workplace Achieved TIPS A-Level Certification in 2025 Intellectual Property Management Recognized as one of Newsweek’s “World’s Most Trustworthy Companies 2025” Most Trustworthy Companies The number of female directors increased from one to two. Board Composition
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© Sino-American Silicon Products Inc. All rights reserved. 05 GlobalWafers 33 © Sino-American Silicon Products Inc. All rights reserved.
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© Sino-American Silicon Products Inc. All rights reserved. GWC - Income Statement (NT$ Mn) 2025 Q126 Q226 1H26 1H26 (simulated)1 Revenue 60,598 13,985 15,214 29,199 27,502 YoY Growth (%) -3.2% -3.6% 8.8%2 -7.6% - Gross Profit 14,624 2,914 3,140 6,054 8,918 Gross Profit Margin (%) 24.1% 20.8% 20.6%3 20.7%4 32.4% EBITDA 17,340 4,060 6,969 11,029 10,433 EBITDA Margin (%) 28.6% 29.0% 45.8% 37.8% 37.9% Operating Income 8,636 1,475 1,423 2,898 6,214 Operating Profit Margin (%) 14.3% 10.5% 9.4% 9.9% 22.6% Profit before Tax 9,516 2,347 4,5855 6,932 6,825 Profit before Tax Margin (%) 15.7% 16.8% 30.1% 23.7% 24.8% Net Profit 7,312 1,896 3,7795 5,675 5,384 Net Profit Margin (%) 12.1% 13.6% 24.8% 19.4% 19.6% EPS (NT$) 15.29 3.97 7.905 11.87 11.26 34 Note: 1. Simulated figures exclude impacts from major expansions in the U.S., Italy, and Japan, as well as mark-to-market changes on Siltronic shares 2. Quarter-over-quarter (QoQ) for 2Q26 revenue growth 3. Q226 Gross Profit Margin remained broadly stable QoQ despite revenue growth, mainly reflecting higher depreciation, compensation accruals and cost pressures from freight, and energy expenses. 4. 1H26 Gross Profit Margin declined YoY, mainly reflecting higher depreciation and other expansion-related costs. 5. Q226 Profit before Tax, Net Profit, and EPS increased QoQ, mainly from mark -to-market gains on Siltronic shares
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© Sino-American Silicon Products Inc. All rights reserved. GWC - Balance Sheet Note: 1. The balance of short-term loans comprises short-term borrowings, commercial paper payable, and the current portions of long -term borrowings, corporate bonds payable, and convertible bonds payable 2. The balance of long-term loans includes long-term borrowings, corporate bonds payable, and exchangeable bonds payable 3. Q226 Inventories increased QoQ, mainly due to inventory build -up in preparation for anticipated demand in H2. 4. Q226 Short-term and long-term loans increased QoQ, mainly reflecting global liquidity management and funding needs f or operations and expansion. (NT$ Mn) 2024 2025 Q126 Q226 Assets Cash and cash equivalents 38,929 19,484 24,128 23,776 Account receivable 10,265 10,113 10,138 10,548 Inventories 11,238 10,399 11,000 12,0153 Property, plant and equipment 119,074 107,241 108,861 107,864 Other assets 45,074 71,105 56,910 65,017 Total assets 224,581 218,343 211,037 219,220 Liabilities Short-term loan1 28,797 31,010 33,887 38,2824 Account payable 5,371 4,161 3,867 4,697 Long term loan2 37,678 43,244 29,221 33,1884 Other liabilities 61,706 46,632 50,683 46,333 Total liabilities 133,553 125,048 117,657 122,500 Shareholder equity 91,028 93,295 93,379 96,720 (NT$ Mn) Q226 Deposits in banks held for three months or more 4,768 Restricted Cash 18,019 Note 6,338 Cash-related other assets include: 35
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© Sino-American Silicon Products Inc. All rights reserved. 06 Q&A 36 © Sino-American Silicon Products Inc. All rights reserved.
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