Delta Electronics 2Q22 Analyst Meeting

1. •
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(02)8797-2088 # 5072
Instructions of online Q&A
• The meeting will start at 15:00, July 29
• Participants may raise your questions via textbox
Please identify your name and company before asking questions
• Please contact us should you encounter any technical issues:
(02)8797-2088 # 5072

2. 29 July 2022
Delta Electronics, Inc. 2Q 2022 Results

3. The financial numbers hereby are based on International
Financial Reporting Standards (IFRS)
Cumulative consolidated numbers were reviewed by CPA

4. 4 Delta Confidential
2Q 2022 Financial Results

5. 5 Delta Confidential
Y/Y Q/Q
Sales +14% +9%
GP +12% +18%
2Q21 3Q21 4Q21 1Q22 2Q22
GP 23.7 22.5 22.4 22.5 26.5
GPM 30.1% 28.3% 26.7% 27.3% 29.4%
GP
2Q21 3Q21 4Q21 1Q22 2Q22
Sales 78.8 79.6 83.8 82.5 90.0
Sales
Sales Revenues & Gross Profits
NT$ billion

6. 6 Delta Confidential
8.8 7.8 7.3 7.5 9.6
7.9 7.9 8.2 8.2
9.1
7.0 6.8 6.9 6.9
7.7
2Q21 3Q21 4Q21 1Q22 2Q22
R&D
SG&A
OP
Y/Y Q/Q
R&D +10% +12%
SG&A +15% +12%
OPEX +13% +12%
OP +10% +29%
(% of sales)
R&D 8.8% 8.6% 8.2% 8.3% 8.5%
SG&A 10.1% 9.9% 9.8% 9.9% 10.1%
OPEX 18.9% 18.5% 18.0% 18.3% 18.7%
OPM 11.1% 9.8% 8.7% 9.0% 10.7%
Operating Profits & Expenses
NT$ billion

7. 7 Delta Confidential
NT$ million
Sales Y/Y Q/Q Profits Y/Y Q/Q
Power
Electronics 52,948 +13% +8% 7,068 +29% +27%
Automation
13,186 +7% +12% 982 -44% +51%
Infrastructure
23,677 +21% +11% 1,605 +4% +28%
25% 26% 26%
16% 14% 15%
59% 60% 59%
2Q21 1Q22 2Q22
Power Electronics
Automation
Infrastructure
Others
Sales%
Performance by Segment

8. 8 Delta Confidential
NT$ million
2Q21 1Q22 2Q22
Gain on disposal of
investment 90 0 0
Interest income 41 18 (10)
FX income 316 312 569
Others 854 740 618
Total 1,301 1,070 1,177
2Q
21
3Q
21
4Q
21
1Q
22
2Q
22
non-op 1.3 0.5 1.1 1.1 1.1
% of sales 1.7% 0.6% 1.4% 1.3% 1.3%
Non-OP
Non-operating Profits
NT$ billion

9. 9 Delta Confidential
2Q21 3Q21 4Q21 1Q22 2Q22
EBITDA 14.4 12.7 12.9 13.1 15.6
% of sales 18.2% 15.9% 15.5% 15.9% 17.3%
EBITDA
Y/Y Q/Q
Profits
before tax +7% +27%
EBITDA
+9% +19%
2Q21 3Q21 4Q21 1Q22 2Q22
PBT 10.1 8.3 8.4 8.5 10.9
% of sales 12.8% 10.4% 10.1% 10.3% 12.0%
Profits
before tax
Profits before Tax v.s EBITDA
NT$ billion

10. 10 Delta Confidential
NT$ million
2Q21 1Q22 2Q22
Profit before
income tax 10,081 8,539 10,831
Income tax (2,017) (1,709) (1,989)
Non-controlling
interest (474) (771) (1,214)
Net profit after tax 7,590 6,059 7,628
Y/Y Q/Q
Net profits
after tax
+1% +26%
Net Profits after Tax
2Q
21
3Q
21
4Q
21
1Q
22
2Q
22
7.6 6.4 6.2 6.1 7.6
9.6% 8.0% 7.5% 7.3% 8.5%
Net profits
after tax
NT$ billion

11. 11 Delta Confidential
*EPS based on shares outstanding of 2,598 million.
2.92 2.45 2.42 2.33
2.94
2Q21 3Q21 4Q21 1Q22 2Q22
Unit: NT$
EPS

12. 12 Delta Confidential
1H 2022 Financial Results

13. 13 Delta Confidential
Y/Y
Sales +14%
GP +8%
1H21 1H22
Sales 151.3 172.5
Sales
1H21 1H22
GP 45.3 49.0
% of sales 29.9% 28.4%
GP
NT$ billion
Sales Revenues & Gross Profits

14. 14 Delta Confidential
16.3 17.1
15.6 17.3
13.4
14.6
1H21 1H22
R&D
SG&A
OP
Y/Y
R&D +8%
SG&A +11%
OPEX +10%
OP +5%
(% of sales)
R&D 8.9% 8.4%
SG&A 10.3% 10.0%
OPEX 19.2% 18.5%
OPM 10.8% 9.9%
Operating Profits & Expenses
NT$ billion

15. 15 Delta Confidential
25% 26%
15% 15%
60% 59%
1H21 1H22
Power Electronics
Automation
Infrastructure
Others
Performance by Segment
NT$ million
Sales Y/Y Profits Y/Y
Power
Electronics 102,191 +13% 12,635 +20%
Automation
24,913 +9% 1,631 -46%
Infrastructure 45,046 +19% 2,858 +6%
Sales%

16. 16 Delta Confidential
1H21 1H22
non-op 2.6 2.2
% of sales 1.7% 1.3%
Non-OP
Non-operating Profits
NT$ billion
NT$ million
1H21 1H22
Gain on disposal of investment 90 0
Interest income 89 8
FX income 623 881
Others 1,812 1,358
Total 2,614 2,247

17. 17 Delta Confidential
Y/Y
Profits
before tax +3%
EBITDA
+5%
1H21 1H22
PBT 18.9 19.4
% of sales 12.5% 11.2%
Profits
before tax
Profits before Tax v.s EBITDA
NT$ billion
EBITDA
1H21 1H22
EBITDA 27.4 28.7
% of sales 18.1% 16.6%

18. 18 Delta Confidential
1H21 1H22
Net profits
after tax
14.2 13.7
% of sales 9.4% 7.9%
Net profits
after tax
Net Profits after Tax
NT$ billion
Y/Y
Net profits
after tax
- 3%
NT$ million
1H21 1H22
Profit before income tax 18,895 19,370
Income tax (3,788) (3,698)
Non-controlling interest (937) (1,985)
Net profit after tax 14,170 13,687

19. 19 Delta Confidential
5.46 5.27
1H21 1H22
EPS
Unit: NT$
*EPS based on shares outstanding of 2,598 million.

20. 20 Delta Confidential
ICT infrastructure
Telecom power
Datacenter solutions
Networking
EIS infrastructure
Off-board EV charger
Renewable energy
& Energy Storage System
Display
Industrial automation
Building automation
Power supplies
Fans & thermal
Passive components
On-board EV solutions
Business Category

21. Smarter. Greener. Together.