#1acer 2021 Fourth Quarter Earnings March 2022#2Disclaimer The information is provided for informational purposes only, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security issued by Acer or other parties. Acer's statements that are not historical facts are forward-looking statements that indicate actions or results of actions that may occur in the future, based on current available information and underlying assumptions. Acer does not warranty their accuracy, reliability and completeness. There are a number of factors such as economic conditions, firms abilities, industry environment that could cause actual results and developments to differ materially from those expressed or implied by forward looking statements. Investors should not place undue reliance on them. acer 1#3Statements of Comprehensive Income - 4Q 2021 QoQ 4Q21 3Q21 4Q20 (NT$ million) Revenue Change YOY Change 86,530 100% 81,142 100% 6.6% 82,619 100% 4.7% Realized Gross Profit 9,923 11.5% 9,368 11.5% 5.9% 9,631 11.7% 3.0% Operating Expenses 6,038 7.0% 5,928 7.3% 1.9% 5,780 7.0% 4.5% Operating Income 3,911 4.5% 3,467 4.3% 13% 3,879 4.7% 0.8% Non-Operating Income (445) -0.5% 697 0.9% N.A. (647) -0.8% N.A. Profit Before Tax 3,466 4.0% 4,164 5.1% -17% 3,232 3.9% 7% Profit After Tax EPS (NT$) 2,240 2.6% 3,018 3.7% -26% 1,992 2.4% 12% 0.75 1.01 -26% 0.67 12% acer 2#4Statements of Comprehensive Income - 2021 acer Acer (2353-TW) Annual Annual YOY (NT$ million) Dec 31, 2021 Dec 31, 2020 Change Revenue 319,005 100.0% 277,112 100% 15.1% Realized Gross Profit 37,191 11.7% 30,120 10.9% 23.5% Operating Expenses 23,140 7.3% 21,413 7.7% 8.1% Operating Income 14,163 4.4% 8,936 3.2% 58% Non-Operating Income 1,273 0.4% (31) 0.0% Profit Before Tax 15,436 4.8% 8,905 3.2% 73% Profit After Tax 10,897 3.4% 6,029 2.2% 81% EPS (NT$) 3.63 2.01 81% Note: [1] Acer's gaming line includes desktops, notebooks, and monitors. [2] Year-over-year revenue growth for the Gaming line (1) revenue grew by 26.6% YoY; Commercial notebook revenue grew by 43.2% YoY; Businesses other than PCs and displays: Revenues grew 27.0% YoY. 3#5acer Net Sales and Gross Margin Trend Net Sales Net Sales(LHS) Gross Margin Unit: NT$ billion 100.0 86.5 82.6 80.1 79.8 81.1 80.0 71.6 65.6 12.0% 11.7% 11.6% 11.5% 11.5% 60.0 48.9 10.9% 10.5% 40.0 10.1% 20.0 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 4#6Operating Income and Operating Margin Trend Operating Income acer Unit: NT$ million 4,500 3,979 4,000 3,879 3,911 3,467 3,500 4.99% 4.70% 2,911 4.52% 3,000 2,806 4.27% 3.64% 2,500 2,127 3.92% 2,000 3.24% 1,500 1,000 500 19 0.04% 0 1Q20 2Q20 3Q20 Operating Income(LHS) 4Q20 1Q21 -Operating Margin 2Q21 3Q21 4Q21 5#7Consolidated Balance Sheet (NT$ million) Dec-21 Sep-21 Dec-20 Cash and cash equivalents 44,620 21% 33,107 17% 39,181 21% Notes & Accounts receivable 64,041 30% 58,190 29% 55,198 30% Inventories 58,704 27% 58,444 30% 42,983 23% Long-term Investment 8,744 4% 7,755 4% 7,118 4% Property, plant and equipment Intangible asset Total Assets Short-term loan Notes & Accounts payable Total Current Liabilities Long-term loan³ Total Liabilities 129,423 10,100 148,765 69% 4,056 16,527 214,788 100% 1,274 1% 57,898 27% 60% 5% 2% 8% Total Shareholders' Equity² 66,023 31% 4,045 2% 16,424 8% 197,297 100% 1,308 1% 46,353 23% 115,686 59% 10,079 5% 133,643 68% 63,654 32% 3,866 2% 16,293 9% 183,909 100% 1,047 1% 49,406 27% 110,720 60% 3,395 2% 121,967 66% 61,942 34% Notes: 1. Total outstanding common shares: 3,001,107,538 shares; Book value per share NT$21.22. 2. Total Shareholders' Equity includes Non-Controlling Interests Acer issued two five-year unsecured corporate bonds of NT$5 billion: the 1st one with coupon rate 0.76% in Apr 2021 and the 2nd one with coupon rate 0.62% in Aug 2021. 3. acer 6#8acer Revenue Breakdown by Geography Q4 2020 Q3 2021 34% 35% 42% 31% 27% NT$ 82,619 Million Q4 2021 31% 44% 23% NT$ 81,142 Million Pan Asia Pacific Pan America Notes: 1. Pan Asia Pacific includes Asia Pacific, Japan, Taiwan, Hong Kong, and Mainland China. 2. EMEA includes Europe, Middle East and Africa EMEA 33% NT$ 86,530 Million 7#9Revenue Breakdown by Application Q4 2020 Q3 2021 Q4 2021 13% 17% 15% 11% 10% 10% 9% 67% 10% 63% 12% 63% NT$ 82,619 Million Others NT$ 81,142 Million NT$ 86,530 Million Display Desktop PC Notebook Notes: 1. NB includes detachable 2-in-1 NB PC. 2. Desktop PC excludes displays. acer 3. Display includes desktop monitor and projector. 4. Others include servers, android device, service, accessories, and subsidiaries. 8#10Revenue Breakdown by Geography 2020 2021 36% 34% 40% 34% 30% 26% NT$ 277,112 Million Notes: Pan Asia Pacific Pan America NT$ 319,005 Million EMEA 1. Pan Asia Pacific includes Asia Pacific, Japan, Taiwan, Hong Kong, and Mainland China. acer 2. EMEA includes Europe, Middle East and Africa 6 9#11Revenue Breakdown by Application 2020 14% 12% 10% 64% NT$ 277,112 Million Others 2021 16% 10% 10% 64% NT$ 319,005 Million Display Desktop PC Notebook Notes: 1. NB includes detachable 2-in-1 NB PC. 2. Desktop PC excludes displays. acer 3. Display includes desktop monitor and projector. 4. Others include servers, android device, service, accessories, and subsidiaries. 10 10#12acer http://www.acer-group.com [email protected]