Wistron Investor Presentation November 2026

Wistron Corporation Investor Presentation (Title Slide)

เนื้อหา

Title slide naming Wistron Corporation and the document type, Investor Presentation. No date or presenter is shown on the slide.

โครงสร้าง Layout

Left-aligned white title and a lighter subtitle with a green vertical accent bar on a solid teal-blue background. Wistron logo sits at the bottom right.

องค์ประกอบภาพหลัก

• •Teal-blue background with faint dotted wave texture at the bottom
• •Green accent bar beside the subtitle
• •Wistron logo, bottom right

Disclaimer

เนื้อหา

Four bullet paragraphs of legal language. The presentation is described as private and confidential and for general reference only. It is not an offer or recommendation to buy or sell securities, does not purport to be comprehensive, and Wistron undertakes no obligation to update it.

โครงสร้าง Layout

Title at the top left with a green accent bar, followed by a single wide block of dense italic bold text. Footer reads Sustainability Through Innovation | Confidential with the logo at the right.

องค์ประกอบภาพหลัก

• •Four dense bullet paragraphs
• •Footer tagline and page number
• •Wistron logo at bottom right

Wistron at a Glance

เนื้อหา

Four headline facts: a leading OEM/ODM partner to the world's top 10 technology companies, 22 global operating locations, 63,000+ employees, and Fortune Global 500 No. 198 in 2026.

โครงสร้าง Layout

Four rounded shapes of different forms (rectangle, circle, square, pill) in green-to-blue gradients arranged as a loose cluster, each with one large number.

องค์ประกอบภาพหลัก

• •Gradient rounded shapes in blue and green
• •Oversized numerals: 10, 22, 63,000+, 198
• •Short one-line captions under each number

Wistron's Evolution: From PC to AI

เนื้อหา

Three eras are compared. Wistron 1.0 (pre-2010) focused on PC with Dell and HP as key customers, US$1.8bn market capitalization, NT$615B revenue, ~20% non-consumer revenue and ~29% revenue CAGR. Wistron 2.0 (2011-2022) added mobile and server, US$2.4bn, NT$759B, ~50% and ~4%. Wistron 3.0 (Now) is AI-focused with customers including NVIDIA, AMD, Oracle, Meta, Dell, Cisco, Microsoft Azure and AWS, US$28.3bn, ~NT$4.0T, ~90% and ~59%.

โครงสร้าง Layout

Three-column chevron timeline in blue, orange and green, with a row-label legend on the left (product focus, key customers, market capitalization, revenue, non-consumer revenue %, revenue CAGR %).

องค์ประกอบภาพหลัก

• •Three colored chevron headers: Wistron 1.0, 2.0, 3.0
• •Customer logo rows
• •Row of metrics per era in matching color
• •Line icons for each row label

Always Ready for the Next Big Thing

เนื้อหา

Under Pioneer Over Time, Wistron lists product areas where it ranks Top 1 (AI server / AI compute devices, enterprise mobility), Top 2 (network security device, desktop PC, ICT after-sales services by revenue) and Top 3 (notebook PC, display monitor, enterprise server MB). AI exposure: NT$2.9tn 1-3Q26 revenue, up 97% YoY; 80% AI revenue contribution in 1-3Q'26; NT$27.4bn 2025 net income, up 57% YoY. Future growth platforms are AI, network, enterprise and industrial compute and after services, plus AI for the next (autonomous vehicles, automation, next-gen communications).

โครงสร้าง Layout

Ascending staircase graphic with a green arrow rising to the right across three steps: grey Pioneer Over Time, blue AI Exposure, green in the Future. Metrics sit in pill callouts and growth platforms in a grey rounded panel with circular icons.

องค์ประกอบภาพหลัก

• •Rising stair-step arrow
• •Top 1 / Top 2 / Top 3 ranking badges
• •Three metric callouts in blue
• •Five growth platform icons and three green AI-for-the-next circles
• •Central AI cube illustration

Core Businesses and Multiple Growth Engines

เนื้อหา

Core Business: notebook, desktop, display monitor, and docking / VoIP / peripherals. Growth Platforms: AI Compute (AI servers, AI components), Network Compute (switches, network security), Enterprise Compute (general servers, storage), Industrial Compute (IPC, enterprise mobility), After-Sales Services (reconfiguration, repair, spare part management). Next Engines: autonomous vehicles, automation, next-generation communications.

โครงสร้าง Layout

Three columns on a horizontal arrow band colored blue, orange and green, each with a circular illustration and a vertical list of icon-labeled items beneath.

องค์ประกอบภาพหลัก

• •Three circular illustrations on a color-coded arrow
• •Round icon bullets for each product line
• •Color-matched headings: blue, orange, green

Positioned Across the AI Value Chain to Capture Diverse Growth Opportunities

เนื้อหา

Three blocks: (1) the core backbone of AI components and OEM AI solutions with NVIDIA, AMD, Dell, HP and Lenovo, shown with an L10 compute tray and L6 compute board; (2) new growth engines through Wistron plus Wiwynn for cloud service provider exposure (Oracle, Meta, Microsoft Azure, AWS) covering NVIDIA, AMD, ASIC and general servers; (3) components and new products, with Cisco networking switches and NVIDIA-related GPU, LPU, CPU, storage and switch boards.

โครงสร้าง Layout

Roof-shaped header with Core Backbone on the left and New Growth Engines on the right, above three numbered columns with partner logos and product photos.

องค์ประกอบภาพหลัก

• •Numbered 1-3 columns under a roof graphic
• •Customer and partner logos
• •Server rack and compute-tray photos
• •Row of five board photos labeled GPU, LPU, CPU, Storage, Switch

Global Manufacturing Footprint Enables Scalable Growth

เนื้อหา

A world map lists sites by country: U.S.A. (Fremont, Dallas: AI components, AI server); Mexico (Juarez: AI / general server); Czech Republic (Brno: general server); Vietnam (Tinh Ninh Binh: NB, IPC, DT, display, general server, networking); Malaysia (Port Klang: industrial handheld); China (Chongqing, Chengdu, Kunshan, Zhongshan); Taiwan (Hsinchu: AI components, AI / general server, IPC, storage, networking; Kaohsiung: LCM module).

โครงสร้าง Layout

Grey world map with blue pins connected by green leader lines to country headings and underlined city names with product lists.

องค์ประกอบภาพหลัก

• •Grey world map with blue location dots
• •Green leader lines to country labels
• •Underlined city names with product lists

End-to-End Capabilities from Product Design to Lifecycle Support

เนื้อหา

A process flow runs from early design engagement, early R&D investment, prototype development and design collaboration, automated manufacturing, high product quality, efficient distribution, after-sales services and reverse logistics. Capability stats: 1,400 software engineers, 7,400 engineers, 6,400 patents and 1,900 U.S.A. utility patents.

โครงสร้าง Layout

Chevron row across the top that curls into a circular loop around the Wistron logo, with a four-item checkmark list at the lower left.

องค์ประกอบภาพหลัก

• •Chevron-to-circle lifecycle flow
• •Checkmark list of four capability figures
• •Central Wistron logo with looping arrows

Wistron Group Ecosystem and Listed Affiliates

เนื้อหา

Wistron Corporation is described as a Forbes Global 500 company supplying innovative ICT products, services and systems, with Wistron Medical Technology and WiAdvance Technology noted beneath. Affiliates: WITS Corp. (contract software development), WNC Corporation (broadband communications, IoT and automotive products), CHANGING Information Technology Inc. (information security), and Wiwynn Corporation (solutions for customers in cloud services).

โครงสร้าง Layout

Circular jigsaw-puzzle ring with the Wistron logo in the center and the parent and four affiliates placed around it with short descriptions.

องค์ประกอบภาพหลัก

• •Five-piece puzzle ring in blue-green gradients
• •Green affiliate names in bold
• •Central Wistron logo

Strong ESG Performance Recognized Globally

เนื้อหา

Recognitions shown: S&P Global Sustainability Yearbook Top 1% (2024-2025), CDP Climate Change / Water Security A List (2024~2025), CDP Climate Change Supplier Engagement leader (2022~2024), Time World's Most Sustainable Companies (2024~2025), MSCI ESG Rating A, ISS ESG Prime, Financial Times Asia-Pacific Climate Leaders and Best Employers Asia-Pacific (2023~2025), plus Taiwanese awards (CommonWealth Magazine corporate citizen award, TCSA Taiwan Corporate Sustainability Awards, and another manufacturing award) and Clarivate Top 100 Global Innovator (2022~2025). Several award labels are in Chinese.

โครงสร้าง Layout

Two rows of award badges and trophies on gold plinths with captions beneath each, five in the top row and six in the bottom row.

องค์ประกอบภาพหลัก

• •Award logos and trophies on gold pedestals
• •Year ranges under each caption
• •Mix of English and Chinese captions

Strong Growth and Profitability Expansion

เนื้อหา

Four bar charts for 2022, 2023, 2024, 2025 and 1-3Q'26. Revenue (NT$ B): 985, 867, 1,049, 2,187, 2,891. Operating income (NT$ B): 27.4, 27.4, 39.0, 78.6, 111.3. ROE (%): 12.8, 11.4, 14.7, 17.7, 19.3. EPS (NT$): 4.01, 4.08, 6.11, 9.04, 13.54.

โครงสร้าง Layout

Two-by-two grid of bar charts with blue header bars; the 1-3Q'26 bar in each chart is highlighted in gold, other years in teal or green.

องค์ประกอบภาพหลัก

• •Four bar charts with data labels
• •Gold highlight bar for 1-3Q'26
• •Blue chart title bars with units

Historical Financial Performance

เนื้อหา

Five-year income statement in NT$ M for 2025 to 2021. Net revenue: 2,186,523; 1,049,256; 867,057; 984,619; 862,083. Operating income: 78,553; 38,979; 27,390; 27,472; 16,375. PAT: 27,408; 17,446; 11,472; 11,162; 10,468. EPS: 9.04, 6.11, 4.08, 4.01, 3.76. Realized gross profit margin runs from 5.9% in 2021 to 6.1% in 2025, with 8.0% in 2023 and 2024. Minority interest and tax lines are also shown.

โครงสร้าง Layout

Wide financial table with years in columns, shaded green rows for key subtotals, small blue percentage columns next to profit lines, and highlighted shares and EPS rows.

องค์ประกอบภาพหลัก

• •Color-banded subtotal rows
• •Percent-of-revenue columns in blue
• •Non-operating items in parentheses for negatives
• •Outstanding shares and EPS highlighted

Income Statement (1-3Q'26 vs. 25)

เนื้อหา

1-3Q'2026 vs 1-3Q'2025 in NT$ M: net revenue 2,890,836 vs 1,465,582 (up 97.2%); realized gross profit 162,558 (5.62%) vs 93,474 (6.38%); operating income 111,257 (3.85%) vs 53,080 (3.62%); PBT 97,060 vs 54,988; PAT 42,860 vs 19,242 (up 122.7%); EPS 13.54 vs 6.43 (up 110.6%).

โครงสร้าง Layout

Three-column table with two periods and a YoY column, green-shaded rows for key profit lines and a blue-shaded EPS row.

องค์ประกอบภาพหลัก

• •Period columns with YoY change column
• •Margin percentages beside gross profit and operating income
• •Highlighted PAT and EPS rows

Income Statement (3Q'26 vs. 2Q'26 and 3Q'25)

เนื้อหา

3Q 2026 vs 2Q 2026 vs 3Q 2025 in NT$ M: net revenue 1,149,090 vs 895,443 (QoQ 28.3%) vs 567,805 (YoY 102.4%); realized gross profit 67,800 (5.90%) vs 50,664 (5.66%) vs 41,965 (7.39%); operating income 48,672 (4.24%) vs 33,447 (3.74%) vs 27,142 (4.78%); PAT 18,402 vs 14,827 vs 7,406; EPS 5.74 vs 4.72 vs 2.36.

โครงสร้าง Layout

Table with three period columns, each followed by QoQ or YoY change columns; green and blue shaded rows for profit subtotals and EPS.

องค์ประกอบภาพหลัก

• •Three period columns with QoQ and YoY deltas
• •Margin percentages in small blue text
• •Shaded subtotal rows

Balance Sheets

เนื้อหา

Balance sheet in NT$ M at 2026/09/30, 2026/06/30 and 2025/9/30. Total assets: 1,790,352; 1,573,109; 960,470. Cash and short-term investments: 150,661; 123,164; 77,475. Accounts receivable: 655,596; 574,198; 298,612. Inventory: 641,845; 532,898; 425,314. Total liabilities: 1,407,029; 1,295,841; 733,575. Shareholders' equity: 383,323; 277,268; 226,895. Each line also shows its percent of total assets.

โครงสร้าง Layout

Three-date table with percentage columns, grouped into current assets, total assets, current liabilities, long-term liabilities and equity, with shaded subtotal rows.

องค์ประกอบภาพหลัก

• •Dated columns with percentage-of-total beside each
• •Shaded subtotal and total rows
• •Assets above liabilities and equity

Dividend History

เนื้อหา

Cash dividend per share (NT$): 2.2 (2021), 2.6 (2022), 2.6 (2023), 3.8 (2024), 5.5 (2025*). No stock dividends in any year. EPS (NT$): 3.76, 4.01, 4.08, 6.11, 9.04. Cash and total dividend payout: 59%, 65%, 64%, 62%, 61%. The 2025 column is marked with an asterisk; no footnote text is legible on the slide.

โครงสร้าง Layout

Compact five-year table with a red rectangle outlining the 2024 and 2025 columns, which are shown in bold.

องค์ประกอบภาพหลัก

• •Red highlight box around the latest year
• •Green EPS row and blue payout rows
• •Dash symbols for no stock dividend

Thank You

เนื้อหา

Closing slide with a Thank You message and no contact details or additional content.

โครงสร้าง Layout

Left-aligned white text on the same teal-blue wave background as the title slide, with the logo at the bottom right.

องค์ประกอบภาพหลัก

• •Teal-blue background with dotted wave texture
• •Thank You! text
• •Wistron logo, bottom right