#1SOLOMON Solomon Technology Corporation Investor Presentation 2023 SOLOMON d SOLOMON November 28, 2023 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 Company Profile . Established: 1990 • Publicly Listed: 1996 (TWSE 2359) • Capital: NT$1.715 billion • Core Businesses: Machine Vision, IoT, Robotics, Automation, Energy Equipment, Optoelectronics LOWON GoldTek Taiwan Solomon Taipei HQ SOLOMON 所謂門歌份有限公司 SOLOMON Digital Transformation Experie MONDSPENT#6SOLOMON Global Network • Los Angeles (USA) • Singapore Bangkok (Thailand) • Hanoi (Vietnam) ● Beijing ● Shanghai Suzhou Taiwan Taipei (HQ) ● Hsinchu • Taichung Kaohsiung Xiamen ● Dongguan Shenzhen • Hong Kong#7SOLOMON Solomon Group Core Structure Smart Automation Al & 3D Vision Robotics Power Generation Fuel equipment Smart Automation Power Generation Gas generation loT Automation Power quality Solomon Energy Tech Corp. Electronics Optoelectronics Components Electronics Optoelectronics Manufacturing Optoelectronics Manufacturing Goldentek Display Corp. Solomon Data International Corp. (formerly Data International)#8SOLOMON Agenda Company Profile Financial Results Outlook & Strategy Q&A#9SOLOMON 60 60 50 50 40 40 30 30 20 20 10 10 Consolidated Revenue 35.27 38.99 52.5 40.24 Unit: NT$ 100 million 31.47 0 2020 2021 2022 2022 Q1-Q3 2023 Q1-Q3#10SOLOMON Sales Breakdown (by BU) 2023 Q3 1.72% 6.19% 2022 2.08% 6.55% 25.22% 21.58% 32.07% 25.10% 45.29% 34.20% Electronics Optoelectronics Energy & Power Automation Others#11SOLOMON Consolidated Income Statement Unit: NT$'000 2023Q1-Q3 2022Q1-Q3 YOY $ % $ % % 2022 $ % Revenue 3,146,993 100.00 0 4, Gross profit 715,909 22.75 4,023,689 813,514 100.00 (21.79) 5,249,928 100.00 20.22 (12.00) 1,083,514 20.64 Operating expenses (634,784) (20.17) (606,143) (15.06) 4.73 (818,986) (15.60) Operating income 81,125 2.58 207,371 5.16 (60.88) 264,528 5.04 Interest income 115,177 3.66 90,238 2.24 27.64 133,435 2.54 Other income 90,197 2.87 82,493 2.05 9.34 98,157 1.87 Finance costs (12,564) (0.40) (12,546) (0.31) 0.14 (16,932) (0.32) Other gains and losses 358,347 11.39 279,058 6.94 28.41 172,384 3.28 Share of profit accounted 5,922 0.19 7,110 0.18 (16.71) 4,265 0.08 for using equity method Total non-operating 557,079 17.71 446,353 11.10 income and expenses Earnings before tax 638,204 20.29 653,724 16.26 Income tax (72,564) (2.31) (168,974) (4.20) Net income 565,640 17.98 484,750 12.06 Profit(loss), attributable 542,654 17.24 468,323 11.64 24.81 391,309 (2.37) 655,837 12.49 (57.06) (179,894) (3.43) 16.69 475,943 15.87 7.45 9.06 458,232 8.73 to owners of parent EPS (NT$) 3.17 2.73 16.12 2.67#12SOLOMON Consolidated Balance Sheet September 30, 2023 $ December 31, 2022 $ Unit: NT$ '000 September 30, 2022 % % $ % Cash and cash equivalents Current financial assets 1,277,437 15.12 2,450,357 29.00 2,276,844 26.13 857,464 10.15 273,543 3.24 383,404 4.40 Accounts and notes receivable, net 871,559 10.31 846,147 10.01 1,026,649 11.78 Current inventories 1,320,444 15.63 1,272,774 15.06 1,262,151 14.49 Other current assets 787,072 9.32 544,906 6.45 663,501 7.62 Non-current financial assets at amortised 1,460,246 17.28 1,381,950 16.35 1,428,750 16.40 cost Property, plant and equipment 427,965 5.06 436,016 5.16 442,751 5.08 Investment property, net 874,091 10.34 882,428 10.44 885,230 10.16 Other non-current assets 574,060 6.79 362,842 4.29 342,891 3.94 Total assets 8,450,338 100.00 8,450,963 100.00 8,712,171 100.00 Current borrowings 748,000 8.85 994,000 11.76 1,268,215 14.56 Current contract liabilities 1,284,762 15.21 1,150,020 13.61 1,096,356 12.58 Accounts payable 421,967 4.99 512,754 6.07 518,602 5.95 Other payables 213,588 2.53 204,031 2.42 215,009 2.47 Other current liabilities 89,813 1.06 169,924 2.01 169,387 1.94 Other liabilities 71,093 0.84 91,677 1.08 103,321 1.19 Total liabilities 2,829,223 33.48 3,122,406 36.95 3,370,890 38.69 Total equity 5,621,115 66.52 5,328,557 63.05 5,341,281 61.31 Total liabilities and equity 8,450,338 100.00 8,450,963 100.00 8,712,171 100.00 Financial indicators Current ratio 185% 178% 172% Debt ratio 33% 37% 39% Debt to equity ratio 50% 59% 63%#13SOLOMON EPS & Dividend Policy 3.5 3 2.5 2 2.15 1.5 1 1 0.95 1 1 0.5 0.34 1.1 1.65 1.86 0.8 0.5 0.12 1.5 1.16 0.9 2.67 3.17 0 2015 2016 2017 2018 2019 2020 2021 2022 2023 Q1-Q3 Dividend EPS (NT$/share) (NT$/share)#14SOLOMON Agenda Company Profile Financial Results • Outlook & Strategy Q&A#15SOLOMON Agent Product Energy Equipment Gas-Turbine Application Technology Sector ♦Semiconductor Public Infrastructure MRT Diesel Generator Current Product Line · . Generator Dynamic UPS Busbar . 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 ♦Panel PCB ♦CoWos Green Energy ♦Biogas power generation Waste heat power generation ♦Power Plants ♦Datacenter ♦Hospital Real Estates High-end office buildings Logistics center ♦Urban renewal IDC Own Brands SOLOMON Diesel Generator ♦Hotels ◆Shopping centers#16SOLOMON • Americas FedEx Express 3M CVS Health Alcon Abbott CATERPILLAR Perrigo Al & 3D Vision Europe & Middle East BOLLORE DB SCHENKER BAYER C C110 LOGISTICE CHANEL Audi SIEMENS BOSCH SHL MEDICAL 7F Schneider CCO Roca PEPSICO T) Tyson Tiara YACHTS Mondelez. United Healthcare 2Pfizer Alere Ford Kingston facebook BUPERMICRO TRANE JOHN EXERE chassix Direct EATON amin mergon Setforge Arçelik R V Japan Electric • Rest of Asia & China Valeo NOVA LYNX NIMR ـمر 3D Robotic Vision Software (For manufacturing and logistics) Leading choice of large MNCs ✓ Continue to win new MNC customers KYOCERA HONDA TOYOTA GOOD YEAR BRIDGESTONE SPESI Panasonic SONY MONICA MINOLTA JEM YKK NISSIN YASKAWA Pigeon DENSO OMRON nippn Technology okura RSUNWA 喜士多 中国中车 CRRC HiTV mall CASETIFY LS 中广BGPCGN 日日顺 SDS Yanfeng RRS.com 【海天] G魯广汽丰田 BAOSTEEL FSL H 佛山照明 OGHLY 0855 ✓ Continuous innovation to sustain product leadership#17SOLOMON Al & 3D Vision AccuPick Instant Intelligence Picking Solution AccuPick 3D Swift, accurate, intelligent SOLOMON SOLOMON SolMotion SolVision Vision Guided Robotics Al Vision System SOLOMON Solmotion Key to creating smart 3D vision guided robots Solvision META-aivi Portable Al Vision System A simpler approach to address machine vision problems SOLOMON META-aivi Wearable Al Solutions Application Industries Semiconductor, Panel, Electronics, Computer, AOI, Warehousing, Logistics, Machinery, Petrochemical, Chemical, Retail, Pharmaceutical, Food, Footwear, Automotive, Automotive Components, Oil Seal, Surveillance, Construction, Transportation, Lens, Telecommunications, Hospital, Steel, Cable, Glass#18SOLOMON Accolades VisionSystems DESIGN Innovators Awards GOLD VISIONSYSTEMSDESIGN Innovators Awards AccuPick SILVER reddot winner 2020 best of the best interface design TAIWAN EXCELLENCE 2023 Taiwan Industrial Development Bureau IDB SI System Integration IT Services Al Technology Services#19SOLOMON Agenda Company Profile Financial Results Outlook & Strategy Q&A#20SOLOMON