The information contained in this confidential document Presentation

免責聲明 • The information contained in this confidential document ("Presentation") has been prepared by UDE (the "Company"). It has not been fully verified and is subject to material updating, revision and further amendment. • While the information contained herein has been prepared in good faith, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers gives, has given or has authority to give, any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or completeness of the information in this Presentation, or any revision or supplement thereof, or of any other written or oral information made or to be made available to any interested party or its advisers (all such information being referred to as "Information") and liability therefore is expressly disclaimed. Accordingly, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers takes any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortious, statutory or otherwise, in respect of, the accuracy or completeness or injury of the Information or for any of the opinions contained herein or for any errors, omissions or misstatements or for any loss, howsoever arising, from the use of this Presentation or the information. • Neither the issue of this Presentation nor any part of its contents is to be taken as any form of commitment on the part of the Company to proceed with any transaction and the right is reserved by the Company to terminate any discussions or negotiations with any prospective investors. In no circumstances will the Company be responsible for any costs, losses or expenses incurred in connection with any appraisal or investigation of the Company. In furnishing this Presentation, the Company does not undertake or agree to any obligation to provide the recipient with access to any additional information or to update this Presentation or to correct any inaccuracies in, or omissions from, this Presentation which may become apparent. • This Presentation should not be considered as the giving of investment advice by the Company or any of its shareholders, directors, officers, agents, employees or advisers. Each party to whom this Presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. In particular, any estimates or projections or opinions contained herein necessarily involve significant elements of subjective judgment, analysis and assumptions and each recipient should satisfy itself in relation to such matters. • This Presentation includes certain statements that may be deemed “forward-looking statements”. All statements in this discussion, other than statements of historical facts, that address future activities and events or developments that the Company expects, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, general economic, market or business conditions and other unforeseen events. Prospective Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in forward-looking statements. 2

UDPS + 自働化的改善成果 高效率生產及高毛利成果展現 2010 v 2009 2012 v 2011 70% 2011 v 2010 2013 v 2012 62% 60% 50% 40% 39% 28% 1, 400 27% 1, 200 1, 000 19% 800 19% 16% 20% 10% 5% -7% -6% -2% 27% 30% 1, 078 25% 20% 13% 12% 662 15% 408 400 483 10% 5% 200 0 0% 26% 27% 26% 600 30% -10% NT$ million 0 34 2008 2009 4% 0% 2010 2011 2012 2013 推估因推行UDPS增加營業毛利 -20% 目前財報毛利率(推行UDPS後) 組裝線人力成長率 �出量成長率 推估毛利率(假設未推行UDPS) 10

UDE 特色 16

最近五年度合併綜合損益表 YOY (%) NT$ 佰萬元 2009 2010 2011 2012 2013 營業收入 1, 993 3, 094 3, 486 3, 876 4, 692 27. 2 55. 2 12. 7 11. 2 21. 1 營業毛利 553 820 890 1, 063 1, 284 84. 0 48. 3 8. 5 19. 5 20. 8 營業利益 268 472 454 528 664 114. 0 76. 1 -3. 8 16. 3 25. 7 稅前淨利 130 409 481 539 674 -9. 0 215. 4 17. 7 12. 0 25. 1 本期淨利 84 341 353 443 514 -28. 7 305. 1 3. 7 25. 5 16. 0 每股盈餘 (NTD$) 1. 65 6. 45 6. 08 7. 69 -35. 3 291. 0 -5. 8 16. 5 8. 6 27

最近五年度合併資產負債表 NT$ million 2009 2010 2011 2012 2013 資產總計 1, 565 2, 194 2, 784 3, 567 現金及約當現金 314 275 751 應收款項淨額 580 706 存貨 255 非流動資產淨額 YOY (%) 2009 2010 2011 2012 2013 4, 356 25. 9 40. 2 26. 9 28. 1 22. 1 1, 099 1, 258 119. 5 -12. 5 173. 3 46. 3 14. 4 757 918 1, 184 60. 1 21. 6 7. 4 21. 2 28. 9 413 435 715 881 -2. 2 61. 6 5. 4 64. 4 23. 1 332 605 675 629 785 -9. 4 82. 3 11. 6 -6. 8 24. 8 774 1, 142 1, 248 1, 526 1, 977 31. 8 47. 6 9. 2 22. 3 29. 6 銀行借款 178 237 426 419 417 2. 9 32. 9 79. 9 -1. 7 -0. 3 應付款項 233 352 303 433 476 78. 5 50. 8 -13. 7 42. 6 10. 1 應付費用 268 365 427 570 695 49. 1 36. 1 16. 9 33. 4 22. 0 791 1, 052 1, 537 2, 041 2, 340 20. 6 32. 9 46. 1 32. 9 14. 6 普通股股本 527 532 614 676 9. 2 0. 9 15. 4 10. 1 － 資本公積 112 323 568 582 154. 0 0. 8 187. 4 75. 8 2. 4 保留盈餘 149 426 600 828 1, 091 21. 4 186. 6 40. 6 38. 2 31. 7 應收帳款周轉天數 86 76 77 79 82 平均存貨周轉天數 65 54 60 75 84 應付帳款周轉天數 46 47 46 48 48 負債總計 權益總計 28

人 繞線 VS 自動繞線差異 Twisting Winding Assembling Completed product 產出量/小時 不良率 人 繞線 50 pcs 2 -4% 自動繞線 650 pcs 低於 0. 2% 34