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ACBEL POLYTECH INC.

Nov 2014

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Agenda

Company Profile

Future Prospect

Financial Results

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Company Profile

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Group Overview

KINPO Consumer

PC Peripheral

ACBEL

Power

Supply

CAL-COMP

EMS Communication

COMPAL Notebook

PC

ARCADYAN

WiFi

New Kinpo Group

Established：1973

Major Business：

Electronic Components

Manufacturing；Communication

Services；PC, NB, Mobile Phone

Printer Assembly

Revenue：2013 US$29.9 Billion

Total Employees：100,025

AcBel Employees: 11,000

Production Site：65 Public Listed Company：AcBel, Kinpo, Compal, Cal-Comp,

Arcadyan

*Only list major affiliates

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• Foreign investors holding percentage totaled 29%, increasing 21% in the past two years.

• AcBel’s Board of Directors consist of three Independent Directors, strength

corporate governance.

• The largest shareholder is Kinpo Electronics Inc., holding 22.5% shares.

Shareholders

Financial

Institution,

9.74%

Foreign

Investor,

29.03%

Other

Company,

29.77%

Individual,

31.46%

Keep A grade from 2005 and improve to A+ in 2012 for

Taiwan listed companies information transparency and disclosure ranking

(Date:2014.4.21)

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History

Achievement • Rank No.7 of PS manufacturers in the world in MTC report

from 2009 to 2011 and rise to No.6 from 2012.

(OEM/Embedded and Telecom)

• AcBel receive an honor of the Top 1000 Taiwan Manufacturing

Companies by CommonWealth Magazine. (2012 ranking 145)

1981- AcBel were founded in July, named Leadtorn Industrial Inc.

1985- AcBel obtain power supply orders from IBM.

1996- AcBel acquire a business division from Vidar-SMS and change official name to

API Technology Co., Ltd.

1998- AcBel announce new CIS and change English name to AcBel Polytech Inc.

2003- AcBel IPO on Taiwan Stock Exchange (ticker 6282).

2009- AcBel launch intelligence LED street light products.

2010- AcBel and Bloomenergy strategic alliance to launch fuel cell

products.

2013- AcBel ship smart grids products to Taipower.

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PC ADAPTER STB ALL-IN-ONE PRINTER

Now

New

TV

ENTRY-LEVEL

SERVER PV INVERTER

Consumer Power Supply

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Industrial Power Supply

SERVER STORAGE

FUEL CELL

DC/DC PLC

LED

LIGHTING SMART GRIDS

SYSTEM

MAIN FRAME TELECOM

Now

CORE

ROUTER

ELECTRIC

VEHICLE MEDICAL

New

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Balanced Customers Portfolio AMWAY

ANDREW

APPLE

ASUS

BLOOM ENERGY

CALCOMP

CANON

CHT

CISCO

COMPAL

DELL

EMC

FOXCONN

FUJITSU

HITACHI

HP

IBM

JABIL

JUNIPER

KINPO

LENOVO

MTI

NCR

NEC

NOKIA

PACE

PEGATRON

PHILIPS

QUANTA

SCHNEIDER

SHARP

SUGON

SUPERMICRO

TECHNICOLOR

TOSHIBA

VENTURE

VIBO

WINCOR NIXCORF

WISTRON

ZT *in alphabetic order

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EUROPE

ASIA

NORTH

AMERICA

SOUTH

AMERICA

AUSTRALIA

AFRICA

Manufacturing : 4

Technical Support & After Service : 9

Warehouse : 18

Office : 12

Kingston,NY Sunnyvale,CA

Rochester,MN

Raleigh,NC

Cranston,RI

Jalisco,Mexico

Boston,MA

Scotland

Ireland

Budapest

Taiwan

Philippines Dongguan

Malaysia

Shanghai

Hangzhou

Japan

Wuhan

Beijing

Xiamen

Chongqing

Nashville,TN

Austin,TX

Santa Teresa,NM

Sao Paulo, Brazil Singapore

Global Logistics

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Dongguan,China Taiwan

Plant Info (1)

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Laguna,Philippines

Wuhan,China

Plant Info (2)

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Cost Cost

Innovation Safety

OHSAS 18001

SA8000

EICC

Health

OHSAS 18001

SA 8000

EICC

Environmental

IECQ QC080000,

EICC, ISO 14001

ISO 14064

Technology EDI

EMI

DFx

Delivery SCM

VMI

Responsiveness Real time

Local support

Quality 6σ

Zero Defect

Ethics EICC

Labor SA 8000

EICC

Commitment

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• From 2013, the financial numbers are based on

International Financial Reporting Standards (IFRS)

Financial Results

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Consolidated Revenue

Unit: NT$ billion & YoY(%)

09~13 CAGR 8.5%

＊ 2014Q3 : 6.29 billion ／QoQ -3.8%／YoY -2.4%

2014 to Q3: 18.15 billion ／YoY -2.3%

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Net Income After Tax

Unit: NT$ billion & % of revenue

2013YoY

+19.2%

＊ 2014Q3 : 0.31 billion

2014 to Q3: 0.84 billion

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Earnings Per Share 2013YoY

+18.6% Unit: NT$

2009 2010 2011 2012 2013

2.09 1.94

1.20

2.04

2.42

＊ 2014Q3 : NT$ 0.60

2014 to Q3: NT$ 1.62

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Dividend Policy

*The price for calculating yield rate is the day before the meeting of Board of Directors in the following year.

High payout ratio.

High cash yield.

Debt ratio maintain

50% for long time,

operating on healthy

Balance Sheet.

1.94

1.20

2.042.42

2.091.80

1.50

0.70

1.301.65

6.37% 5.70%

3.69%

6.28%5.06%

2009 2010 2011 2012 2013

Earnings Per Share Cash Dividend Per Share Yield Rate

Dividend Year 2009 2010 2011 2012 2013

Earnings Per Share 2.09 1.94 1.20 2.04 2.42

Cash Dividend Per Share 1.65 1.30 0.70 1.50 1.80

Dividend Payout Ratio 78.95% 67.01% 58.33% 73.53% 74.38%

Yield Rate 6.37% 5.70% 3.69% 6.28% 5.06%

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Future Prospect

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“提供完整的解決方案，

成為尖端環保能源的最佳夥伴”

“Providing total solution to be your

leading edge green power partner.”

Company Vision

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Develop power supply conversion for Fuel Cell continuously.

Develop high-end power supply for data center server (Efficiency>96%).

Develop total solution for storage devices (Half Load>94%).

Develop high efficiency power supply for network communication equipment

(Efficiency>96.5%).

Develop medical equipment power supply.

Develop LED lighting indoor/outdoor application (2300~14000lm; T8/Bulb/PAR).

Develop power supply and charger for electric vehicles.

Develop energy management systems and combine with PLC technology into

the smart grids systems, including medium voltage automation and AMI smart

meter and metering system.

High power battery management in coordination with firmware and software

development.

Product Development

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Green Energy

Fuel Cell

LED Lighting

High-end PS for

cloud computing

application

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2010~2016

Phase 1 2015~2020

Phase 3

2011~2014

Phase 1

2014~2018 Phase 2

2015~2020

Phase 3

2015~2020

Phase 3

Smart Grids Strategy

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THANK YOU!