#1acer 2022 Fourth Quarter Earnings March 2023#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 2022 4Q22 3Q22 (NT$ million) QoQ Change 4Q21 YOY Change Revenue Gross Profit Operating Expenses 59,837 100% Operating Income Non-Operating Income (1,480) -2.5% 64,887 100% -7.8% 6,328 10.6% 6,561 10.1% -3.6% 5,327 8.9% 5,742 8.8% -7.2% 1,011 1.7% 829 1.3% 22% 1,873 2.9% 86,530 100% -31% 9,923 11.5% -36% 6,038 7.0% -12% 3,911 4.5% -74% (445) -0.5% - Profit Before Tax Profit After Tax EPS (NT$) (0.27) (469) -0.8% (832) -1.4% 1,876 0.63 2,702 4.2% 2.9% 3,466 4.0% 2,240 2.6% 0.75 Note: The Vero line built with recycled materials revenues up 41.3% quarter-on-quarter in 4Q 2022. acer 2#4Statements of Comprehensive Income -2022 Acer (2353-TW) (NT$ million) Revenue Annual Dec 31, 2022 275,424 100.0% Annual Dec 31, 2021 319,005 100% -14% YOY Change Realized Gross Profit 29,744 10.8% 37,191 11.7% -20% Operating Expenses 22,955 8.3% 23,140 7.3% -0.8% Operating Income 6,928 2.5% 14,163 4.4% -51% Non-Operating Income 946 0.3% 1,273 0.4% -26% Profit Before Tax 7,874 2.9% 15,436 4.8% -49% Profit After Tax 5,004 1.8% 10,897 3.4% -54% EPS (NT$) 1.67 3.63 -54% acer Note: The Board has approved a cash dividend of NT$1.5 per share. 3#5Net Sales and Gross Margin Trend Net Sales Net Sales(LHS) Gross Margin Unit: NT$ billion 100.0 86.5 79.8 81.1 78.4 80.0 71.6 72.3 12.0% 64.9 11.6% 11.5% 11.5% 59.8 11.3% 60.0 11.1% 10.6% 10.1% 40.0 acer 20.0 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 4#6Operating Income and Operating Margin Trend Operating Income Unit: NT$ million acer 4,500 4,000 3,979 3,911 3,467 3,500 2,914 3,000 2,806 4.27% 2,500 4.99% 4.52% 2,174 3.72% 2,000 3.92% 3.01% 1,500 1,011 1,000 829 1.69% 500 1.28% 0 1Q21 2Q21 3Q21 Operating Income (LHS) 4Q21 1Q22 Operating Margin 2Q22 3Q22 4Q22 5#7500 Acer Non-Op Volatility Driven by FX Valuation NT$ million 1,000 0 (500) (1,000) (1,500) (2,000) acer || 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 Accumulated FX Loss of NT$ 100 Million 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 9#8acer Consolidated Balance Sheet Dec-22 Sep-22 Dec-21 (NT$ million) Cash and cash equivalents 46,843 25% 31,310 15% 44,620 21% Notes & Accounts receivable 51,364 27% 65,222 32% 64,041 30% Inventories 42,213 22% 58,131 Long-term Investment 9,576 5% Property, plant and equipment 4,299 2% 9,032 4,191 2% 28% 4% 58,704 27% 8,744 4% Intangible asset 18,531 10% 18,274 9% Total Assets 189,040 100% 204,621 100% 4,056 2% 16,527 8% 214,788 100% Short-term loan 1,710 1% Notes & Accounts payable 31,550 Total Current Liabilities 99,524 Long-term loan Total Liabilities 10,104 118,606 63% 17% 53% 5% 3,440 2% 37,779 18% 115,009 56% 10,105 5% 134,315 66% Total Shareholders' Equity² 70,434 37% 70,306 34% 1,274 1% 57,898 27% 129,423 60% 10,100 5% 148,765 69% 66,023 31% Notes: 1. Total outstanding common shares: 3,001,107,538 shares; Book value 2. Total Shareholders' Equity includes Non-Controlling Interests per share NT$21.97. 7#9acer Revenue Breakdown by Geography Q4 2021 43.6% Q3 2022 Q4 2022 33.4% 24.0% 22.0% 50.5% 52.7% 25.5% 25.3% 23.0% NT$ 86,530 Million Notes: NT$ 64,887 Million Pan Asia Pacific Pan America 1. Pan Asia Pacific includes Asia Pacific, Japan, Taiwan, Hong Kong, and Mainland China. 2. EMEA includes Europe, Middle East and Africa EMEA NT$ 59,837 Million 8#10Revenue Breakdown by Application Q4 2021 Q3 2022 17.4% 8.9% 11.6% Q4 2022 23.0% 26.3% 62.1% 10.4% 54.3% 51.0% 11.3% 12.3% 11.4% NT$ 86,530 Million Note: Notes: 1. Others NT$ 64,887 Million Display Desktop PC Desktop PC excludes displays. 2. Display includes desktop monitor and projector. Others include 9 public subsidiaries and businesses under incubation. 3. acer NT$ 59,837 Million Notebook 9#11acer Revenue Breakdown by Geography 2021 2022 26.6% 40.2% 33.4% 47.7% 25.7% 26.4% NT$ 319,005 Million Notes: Pan Asia Pacific Pan America NT$ 275,424 Million EMEA 1. Pan Asia Pacific includes Asia Pacific, Japan, Taiwan, Hong Kong, and Mainland China. 2. EMEA includes Europe, Middle East and Africa 10 10#12Revenue Breakdown by Application 2021 2022 16.9% 21.7% 10.0% 10.2% 10.1% 63.0% 56.9% 11.2% NT$ 319,005 Million Others Display Notes: 1. Desktop PC excludes displays. 2. Display includes desktop monitor and projector. Others include 9 public subsidiaries and businesses under incubation. 3. acer NT$ 275,424 Million Desktop PC Notebook 11#13acer NB PC Desktop PC Display Others Appendix: Revenue Breakdown 2021 2022 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 2021 2022 64.5% 64.0% 61.5% 62.1% 60.9% 59.6% 54.3% 51.0% 9.0% 9.3% 10.2% 11.6% 10.3% 11.1% 11.1% 10.5% 9.9% 8.9% 10.3% 8.9% 10.4% 11.3% 15.5% 16.1% 18.4% 17.4% 18.4% 20.4% 23.0% 26.3% 63.0% 56.9% 12.3% 11.4% 10.1% 11.2% 10.0% 10.2% 16.9% 21.7% EMEA Pan America Pan Asia Pacific 34.9% 34.2% 31.5% 33.4% 32.4% 26.5% 24.0% 22.0% 27.6% 28.4% 26.8% 23.0% 24.5% 27.4% 25.5% 25.3% 37.5% 37.3% 41.7% 43.6% 43.1% 46.1% 50.5% 52.7% 33.4% 26.6% 26.4% 25.7% 40.2% 47.7% 12 12#14acer http://www.acer-group.com [email protected]