#1ASUS IN SEARCH OF INCREDIBLE ASUSTEK 1Q 2022 Investor Conference#2Disclaimer ASUSTeK's presentation contains forward-looking statements subject to significant risks and uncertainties. Actual results may differ materially from those contained in the forward-looking statements. The forward-looking statements in this release reflect the current belief of ASUS as of the date of this release, we undertake no obligation to update these forward-looking statements for new information, future events, or otherwise. 2 ASUS#3ASUS IN SEARCH OF INCREDIBLE Agenda 1Q 2022 Financial Result Strategy & Outlook • Q & A#4ASUS IN SEARCH OF INCREDIBLE 1Q 2022 Financial Result#52022 1Q Brand P&L in NT$ Mn 2022 1Q 2021 4Q QoQ 2021 1Q YOY Net Revenue COGS 127,962 141,829 -10% 108,104 18% (104,074) (114,062) -9% (84,310) 23% Gross Profit 23,888 27,767 -14% 23,794 0.4% Operating Expenses (13,817) (15,442) -11% (12,233) 13% Operating Profit 10,072 12,326 -18% 11,561 -13% Non-OP Items 2,927 1,700 72% 684 328% Pre-Tax Profit 12,999 14,026 -7% 12,245 6% Tax (2,569) (1,968) 31% (2,454) 5% Net Profit 10,430 12,058 -14% 9,791 7% EPS 14.0 16.2 13.2 Gross Margin % 18.7% 19.6% 22.0% Operating Margin % 7.9% 8.7% 10.7% 5 (unaudited brand consolidated financials) ASUS#62022 1Q Brand Non-OP Items Non-OP Items 2022 1Q 2021 4Q QoQ 2021 1Q YOY Interest Income (net) 138 150 -8% 81 71% Investment Income 862 664 30% (200) 530% Askey (182) 34 -630% (688) 73% Others 1,045 629 66% 487 114% Exchange Gain/(Loss) 1,091 936 17% 665 64% Other Income (net) 837 (49) 1795% 126 564% Total Non-OP items 2,927 1,700 72% 684 328% (unaudited brand consolidated financials) ASUS#72022 1Q Brand Balance Sheet in NT$ Mn Mar 31, 2022 Dec 31, 2021 QoQ Mar 31, 2021 YOY Cash & equivalents 28,794 62,513 -54% 79,666 -64% Accounts receivable 90,070 84,892 6% 68,996 31% Inventories 193,379 158,154 22% 106,437 82% Current Assets 326,091 319,877 2% 265,914 23% Long-term investments 109,052 107,377 2% 100,573 8% Fixed assets 14,293 14,215 1% 16,179 -12% Total Assets 476,341 468,110 2% 402,420 18% Accounts payable 84,010 89,512 -6% 69,903 20% Current Liabilities 212,221 217,591 -2% 170,592 24% Total Liabilities 230,478 235,779 -2% 185,633 24% Paid-in capital 7,428 7,428 7,428 Stockholders' equity 245,863 232,331 6% 216,787 13% Avg. Days of Inventory 154 123 107 Avg. Days of AR 62 55 58 Avg. Days of AP 80 69 68 Avg. CCC Days 136 110 97 ASUS (unaudited brand consolidated financials)#88 Phone 1% 1Q 2022 Component 33% PC 66% Product Mix 1Q 2021 Component 39% Phone 1% PC 60% ASUS#99 1Q 2022 Region Mix Americas 23% ASIA 47% 1Q 2021 EURP Americas 30% 24% EURP 36% ASIA 40% ASUS#1010 2Q 2022 Business Outlook PC QoQ down 10% Component QoQ down 10%-15% ASUS#11ASUS IN SEARCH OF INCREDIBLE Strategy & Outlook#1212 Key Business Objectives One ASUS A unified team that trusts in radical truth and transparency, leveraging collective wisdom to achieve synergies across all business segments Next Era of Innovation Fostering product, process and operational innovation. Aspirational Targets Setting aspirational growth targets that are respected by the industry ASUS#1313 Golden Triangle of the ASUS Brand Design Thinking NPS Net Promoter Score Market Position CRM & Connected Service ASUS#1414 Performance in Q1 2022 108,104 YoY +18% 127,962 20Q1 20Q2 20Q3 20Q4 21Q1 21Q2 21Q3 21Q4 22Q1 Brand Consolidated Revenue (NT$ million) ASUS#1515 • Performance in Q1 2022 Open Platform Products Sustained leadership in Open Platform products with strong ASP growth in Q1 2022 • System Products System products revenue was up 30% YoY in Q1 2022 with significant growth across regular PCs, gaming PCs and commercial PCs Dominated in Intel Z690 & AMD X570 high-end motherboards with 55% market share worldwide • Innovation and better product mix drove double-digit ASP growth in Q1 2022 Workstation motherboard revenue was up 50% YoY in Q1 2022 Executed product segmentation and resilient operational management strategies to reach aspirational targets and outperform the market ASUS#1616 Worldwide Recognition. reddot winner 2022 39 Awards DESIGN AWARD 2022 32 Awards Red Dot: Product Design iF Design Awards ASUS#1717 ASUS AloT Ecosystem Smart Healt Product Capabilities Smart Manufacturing Domain AloT Expertise Solutions Smart Retail ASUS#1818 • ASUS Advanced AloT Solutions Continued development in healthcare innovation ASUS HS 華碩智慧醫療 OCA . Released latest LU710 phased array & endocavity portable ultrasound probe . Showcased Vivowatch series Performed on-site demos of latest healthcare solutions in multiple hospitals in Taiwan Began ASUS IoT Telemedicine Cart partnership with Taipei City government Leveraged ASUS IOT PE400D solution for 5G Smart Pole Standard Promotion Alliance ASUS AloT revenue was up 55% YoY in Q1 2022 手持式超音波LU710 HOVERCART SS LOVE AMILY WORL moments WINE RE A Medicoves MediConnect ASUS PN系列 最遞保濕模 + BUS VY2/SHERS GUE M Al G0% Qo US 華碩智醫療 VivoWatch 限雕典质監控方面 華碩智 持超音波LU700作為急重症患者在救護 急救護手段,爭取治療時間 計,本機淨重380公克、17.8公分,超音波掃 及空間的限制 陣、Convex 凸陣等探頭,滿足各種掃瞄需求 ediConnect即時查看掃瞄結果,支援手機、 「種裝置,無縫串接既有院內系統 大醫院雲林分院 照護的超音波檢查手段 ■ 體積小巧,只有傳統落地型超 隨身攜帶,隨時掃瞄 ■ 五種影像模式,黑白、彩色、Motic Pulsed Wave,完整涵蓋各種超 質,落實醫療平權,不因居住地點 ■ 應用場域:南迴基金會附設居家護 ASUS 手持式發音波解决方案 ASUS#1919 PC Growth by Segment in Q1 2022 +30% +30% + 50% Regular PCs Gaming PCs Commercial & Education PCs Revenue YoY % ASUS#20Regular PCs PC Regional Growth in Q1 2022 . Focused on areas of growth including premium PCs, creator PCs Creator PCs revenue was up >300% in 1Q22 mid-teens low-teens 1.1X +50% +30% Gaming PCs Consistently outperformed the market as the No.1 gaming brand worldwide(outside China) . low-teens low-teens +60% +40% +30% Commercial PCs (excluding Chromebooks) Expanded commercial footprints across various regions +30% 3.2X 1.6X > 100% +40% Europe Americas APAC China Total Europe Americas APAC China Total Europe Americas APAC China Total Revenue YoY% Revenue YoY% 20 Revenue YoY% ASUS#21Leadership in OLED Laptop Solutions No.1 brand, with more than 60% market share for OLED NB OLED NB as % of total NB revenue 21 221 > 60% Low single-digit >15% Market ASUS ASUS#2222 No.1 Gaming Brand and Ecosystem REPUBLIC OF GAMERS PRODUCTS BRAND REPUBLIC OF GAMERS COMMUNITY ASUS#23No.1 Gaming Portfolio Gaming products account for more than 40% of revenue ROG Strix LC GeForce RTXTM 3090 Ti ROG Flow Z13 06 ROG SWIFT OLED PG42UQ & PG48UQ ROG MAXIMUS Z690 EXTREME GLACIAL 355 23 ROG Rapture GT- AXE16000 ROG Phone 5/5s Series ROG Strix Flare II Animate ( REPUBLIC OF GAMERS ROG Archer Series ROG Fusion II 500 ROG Chakram X ASUS#2424 ROG Flow Z13 An All-New Form Factor with Infinite Ways to Play อชอง ท Rethink the Form Factor Tablet. Laptop. 2-in-1. Play Your Way. KRE ユウゴウ XREPUL > СКОРОСТЬ У > ВВАНГАРДНЫЙ HYBRID OF GAM REPUBLIC OF GAMERS FOURSKEE#25WiFi 6E Ecosystem 25 GELDRICH MIX ROG Rapture GT-AXE16000 World's First WiFi 6E Quad-Band Gaming Router GGHZ ROG G 5GHZ-F REPUBLIC OF GAMERS 2.4GHZ 5GHz-2 Quad Band Illustration FOR THOSE HOMINE CHOSE WHO DARE FOR THE HO#2626 ProArt Display OLED PA32DC ProArt ProArt Z690 Creator WIFI B BUE reddot winner 2022 reddot winner 2022 Complete Creator Ecosystem ProArt Studiobook Pro 16 OLED ProArt il: DESIGN AWARD 2021 red GOOD DESIGN AWARD 2021 winner 2022 COMPUTE ProArt Station PD5 ProArt Projector A1 ASUS Zenbook Pro Duo 15 OLED ASUS Vivobook Pro 16X OLED ProArt Mouse & Mousepad ASUS Vivobook ASUS ZenBook POAT Pickit ProArt jwold ASUS#2727 ProArt ASUS No.1 Creator Laptop Brand No.1 creator laptop brand with more than 30% market share in Q1 2022 > 30% ASUS No. CREATOR LAPTOP BRAND NVIDIA STUDIO LAPTOP ProArt Studiobook Performance for Professional Creators ASUS Zenbook Pro (LED Zenbook Pro Mobility for Advanced Creators ASUS Vivobook ED Vivobook Pro Style for Everyday Creators ASUS#2828 Sustainay neporting Asia Awards ESG Recognition asra 2021 Asia Sustainability Reporting Awards Asia's Best Sustainability Report (Large Company) - SILVER Asia's Best Environmental Impact Reporting - GOLD Asia's Best Supply Chain Reporting - SILVER ASUS#29ASUS IN SEARCH OF INCREDIBLE Q&A