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Investor Presentaiton

Attractive Opportunity in Global Automotive HUD Market Global HUD Market Forecast Market Volume (KK unit) Market Revenue (100 million \) Global AR-HUD Market Forecast Market Volume (KK unit) Market Penetration Rate (%) 60 272 300 5.0 10% 50 by 24.2%; 40 2022Y HUD market increased Sunny HUD revenue increased by 90%. 255 (2022Y~2027Y Market Scale) 8.9% 4.5 9% 229 250 CAGR 7.7% 210 4.0 8% 46% 6.9% 187 3.5 200 7% 6.0% 165 158 3.0 6% 5.0% 135 30 150 2.5 5% 108 3.8% 97 20 10 0 11 2.0 3.2% 4% 100 2.7% 2.5% 1.5 More than 500K 3% 1.7% 1.0 50 2% Commenced mass production 0.5 1% 0 0.0 0% Y2021 Y2022 Y2023 Y2024 Y2025 Y2026 Y2027 Y2028 Y2029 Y2030 Y2021 | Y2022 I Y2023 Y2024 Y2025 Y2026 Y2027 Y2028 Y2029 Y2030 TFT DLP (Source: Guotai Junan Securities HUD Forecast 2022) LCOS LSM HUD Market Revenue AR-HUD Market Volume- AR-HUD Penetration Rate • With the increase of intelligent driving adoption rate and the continuous expansion of HUD adoption by automakers, more and more independent brands consider AR-HUD as the main selling point of intelligent cabin. The market penetration rate of AR HUD will continue to rise in the future. • Focusing on HUD core optical engines, Sunny accelerates the R&D and market promotion of new HUD products cooperating with the core manufacturers of the industrial chain, realizing the diversified layout of technical solutions (TFT/DLP/LCOS/LBS). Sunny has obtained multiple DLP PGU projects from OEMs which will commence mass production this year. 21
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