#1SOLOMON Solomon Technology Corporation Investor Presentation 2022 November 22, 2022 SOLOMON d SOLOMON SOLOMON Technology Corporation#2SOLOMON Disclaimer The following presentation and its associated contents contain forward-looking statements regarding operational strategy, financial results and business forecasts, which are based on internal information of the Company and observations of the overall external environment. Forward-looking statements should not be understood or construed as guarantees of future performance, as such projections involve factors including but not limited to market demand, price fluctuations, competitive situation, global economic activity, foreign exchange rates, and other uncertainties beyond the control of the Company that may cause actual results to differ. Information presented herein are based upon the Company's assumptions of the future outlook to date, and are not representative, explicit or implicit, of correctness, completeness or reliability. Should there be subsequent changes in circumstances, the Company does not assume any responsibility to update or review forward-looking statements. The contents of this presentation should not be copied, edited, revised, shared or repurposed in any way without the knowledge or consent of the Company.#3SOLOMON Agenda * Company Profile * Financial Results * Outlook & Strategy * Q&A#4SOLOMON Agenda * Company Profile * Financial Results * Outlook & Strategy * Q&A#5SOLOMON . Established: 1990 Company Profile • Publicly Listed: 1996 (TWSE 2359) • Capital: NT$1.715 billion • Core Businesses: Machine Vision, IoT, Robotics, Automation, Energy Equipment, Optoelectronics LOWON GoldTek Taiwan Solomon Taipei HQ SOLOMON SOLOMON 所羅門股份有限公司 新疆門歌份有限公司#6SOLOMON • Los Angeles (USA) Global Network Singapore Bangkok (Thailand) • Hanoi (Vietnam) Beijing ⚫ Shanghai ● Suzhou Taiwan Taipei (HQ) Hsinchu Taichung ● Kaohsiung • Xiamen ● Dongguan • Shenzhen Hong Kong#7SOLOMON Solomon Group Core Structure Smart Automation Al & 3D Vision Robotics Power Generation Fuel equipment Smart Automation Power Generation loT Gas generation Power quality Automation Electronics Optoelectronics Components Electronics Optoelectronics Manufacturing Solomon Energy Tech Corp. Optoelectronics Manufacturing Goldentek Display Corp. Solomon Data International Corp. (formerly Data International)#8SOLOMON Agenda * Company Profile * Financial Results * Outlook & Strategy * Q&A#9SOLOMON Financial Results - Consolidated Revenue Unit: NT$ 100 million 445 45 38.99 40 37.37 35.27 35 30 25 20 15 15 28.27 40.24 10 5 0 2019 2020 2021 2021 Q1-Q3 2022 Q1-Q3#10SOLOMON Financial Results - Sales Breakdown (by BU) 2022 Q3 1.28% 7.11% 2021 1.54% 33.36% 30.22% 25.04% 33.21% 24.32% 11.74% 32.18% Electronics Optoelectronics Energy & Power Automation Others#11SOLOMON Financial Results - Consolidated Income Statement Unit: NT$'000 2022Q1-Q3 2021Q1-Q3 2021 Particulars YoY % Revenue Gross profit $ 4,023,689 % % 100.00 2,827,226 100.00 42.32 % 3,899,210 100.00 813,514 20.22 582,248 20.59 39.72 793,962 20.36 Operating expenses Operating income |Interest income Other income (606,143) (15.06) (550,212) (19.46) 10.17 (744,671) (19.10) 207,371 5.16 32,036 1.13 547.31 49,291 1.26 90,238 2.24 60,517 2.14 49.11 88,526 2.27 82,493 2.05 51,552 1.82 60.02 67,815 1.74 Finance costs (12,546) (0.31) (7,015) (0.25) 78.85 (10,514) (0.27) Other gains and losses 279,058 6.94 3,300 0.12 8,356.30 61,818 1.59 Share of profit accounted 7,110 0.18 2,668 0.09 166.49 1,745 0.04 for using equity method Total non-operating 446,353 11.10 111,022 3.92 302.04 209,390 5.37 income and expenses Earnings before tax 653,724 16.26 143,058 5.05 356.96 258,681 6.63 Income tax (168,974) (4.20) (27,144) (0.96) 522.51 (42,317) (1.09) Net income 484,750 12.06 115,914 4.09 318.20 216,364 5.55 Profit (loss),attributable to 468,323 11.64 112,679 3.99 315.63 198,514 5.09 owners of parent EPS (NT$) 2.73 0.66 313.64 1.16#12SOLOMON Financial Results - Consolidated Balance Sheet Unit: NT$ '000 September 30, 2022 December 31, 2021 September 30, 2021 Particulars $ % $ % $ % Cash and cash equivalents 2,276,844 26.13 1,379,390 17.49 1,246,288 16.60 Current financial assets 383,404 4.40 1,079,419 13.69 1,085,119 14.46 Accounts and notes receivable, net 1,026,649 11.78 799,876 10.14 810,352 10.80 Current inventories 1,262,151 14.49 1,181,374 14.98 876,163 11.68 Other current assets 663,501 7.62 533,565 6.77 540,557 7.20 Non-current financial assets at amortised cost 1,428,750 16.40 1,245,600 15.80 1,253,250 16.70 Property, plant and equipment 442,751 5.08 440,103 5.58 492,866 6.57 Investment property, net 885,230 10.16 893,635 11.33 847,133 11.29 Other non-current assets 342,891 3.94 333,020 4.22 352,727 4.70 Total assets Current borrowings Current contract liabilities Accounts payable Other payables 8,712,171 100.00 7,885,982 100.00 7,504,455 100.00 1,268,215 14.56 1,307,264 16.58 1,304,476 17.38 1,096,356 12.58 722,153 9.16 572,963 7.64 518,602 5.95 517,393 6.56 429,410 5.72 215,009 2.47 214,377 2.72 171,940 2.29 Other current liabilities 169,387 1.94 105,400 1.33 110,230 1.47 Other liabilities 103,321 1.19 44,095 0.56 49,428 0.66 Total liabilities 3,370,890 38.69 2,910,682 36.91 2,638,447 35.16 Total equity 5,341,281 61.31 4,975,300 63.09 4,866,008 64.84 Total liabilities and equity 8,712,171 100.00 7,885,982 100.00 7,504,455 100.00 Financial indicators Current ratio 172% 174% 176% Debt ratio 39% 37% 35% Debt to equity ratio 63% 59% 54%#13SOLOMON Financial Results - EPS & Dividend Policy 3 2.5 2 2.15 1.5 1.65 1.86 1.1 1 1 1 0.95 1 0.8 0.5 95 0.5 0.34 0 2015 2016 2017 2018 Dividend (NT$/share) 0.12 1.16 0.9 2.73 2019 2020 2021 2022 Q1-Q3 EPS (NT$/share)#14SOLOMON Agenda * Company Profile * Financial Results * Outlook & Strategy * Q&A#15SOLOMON Agent Own Brands Outlook & Strategy - Energy Equipment Current Product Diesel Generator Gas-Turbine Generator Dynamic UPS Busbar Product Line Static UPS DC Charging System Smart Cabinet Solar Inverter 2023-2025 Key Product Line . System Engineering Continue to promote current product line and develop Energy Storage System, BMS, and EMS SOLOMON Diesel Generator Application Technology Sector ◆Semiconductor Panel PCB Public Infrastructure MRT Power Plants ♦Postal Office ✓ Green Energy ◆Solar Energy ✓ Real Estates High End Commercial Building ♦Logistic Centers Urban Redevelopments#16SOLOMON Outlook & Strategy - Al & 3D Vision 3D Robotic Vision Software (For manufacturing and logistics) DB SCHENKER SIEMENS Valeo TRANE YKK GIANT. ASE GROUP CAT GOOD YEAR DENSO (BAOSTEEL B M OMRON Haier Audi okura amu ✓ Leading choice of large MNCs ✓ Continue to win new MNC customers ברה E 國立故宮博物院 NATIONAL PALACE MUSEUM Continuous innovation to sustain product leadership 山口 TATA AUDZUI#17SOLOMON Outlook & Strategy - Al & 3D Vision Al Inspection Software Solomon Al Inside Inspect defects unrecognizable to rule-based vision systems *Significantly reduce overkill rates of AOI systems *No need to customize; no need to program ✓ Superior recognition & ease-of-use vs. leading American brand Taiwan customers - semiconductor OSAT, LED, AOI equipment Overseas customers - food, footwear#18SOLOMON Accolades VisionSystems DESIGN Innovators Awards GOLD VISIONSYSTEMSDESIGN Innovators Awards SILVER AccuPick reddot winner 2020 best of the best interface design TAIWAN Taiwan Industrial Development Bureau IDB SI System Integration IT Services Al Technology Services EXCELLENCE 2023#19SOLOMON Agenda * Company Profile * Financial Results * Outlook & Strategy * Q&A#20SOLOMON Thank You