Himax Company Overview

GROWTH OPPORTUNITY 2.1 Display Driver IC (DDIC) Market Trends . Korean fab restructuring will further help Chinese panel makers to increase their global market share and with Korean easing the restriction of adopting large DDI from third party driver IC makers, both will drive volume for the Taiwan DDI supply chain Industry restructuring supports panel pricing recovery Leading Chinese panel makers' shipments continue to dominate in the No. 1 position of its total TFT-LCD capacity • 4K TV penetration accelerates and 8K TV started to emerge Demands for more sophisticated and higher performing displays are still rising in the automotive segment Continual Progression to Higher Resolution Displays and AMOLED in Smartphones AMOLED 29.3% LTPS 37.6% AMOLED 34.1% LTPS 2018 2019 41.6% • Higher adoption of TDDI and AMOLED Himax Strategies and Market Position Leading market share of large DDIC in China Major beneficiary of Industry and Korean fab restructuring which will increase Chinese panel maker's global market share Increased shipments of 4K solutions and collaboration with major panel makers on the development of next generation 8K TVs Next generation display for smartphone and automotive, Himax is the leader in key technologies such as TDDI, AMOLED and local dimming timing controller Expect shipment of AMOLED DDIC for TV, smartphone and wearables to start in 2020, though modest volume. Expect acceleration beyond 2020 8K TV is a strategic area for Himax due to its higher display driver and Tcon content and high technical barrier of entry Starting to see robust strength in customer demand in large and auto DDIC, ramping of new foundry. Expect strong growth in 2020 and beyond a-Si/IGZO 33% Wits View 02/2019 Large area FPD capacity (millions m²) a-Si/IGZO 24.3% China Takes a Leading Role in Display Panel Manufacturing and DDIC Demand 350 28% 300 24% 250 20% 200 16% 150 12% 100 8% 50 4% 0 0% 2017 2018 2019 2020 2021 2022 >Gen 10 <Gen 10 >Gen 10 % share ource THS Markit ≥Gen 10 percent share of total 2017 THE Mark 20

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