Innodisk Corp. · TPEX:5289

Innodisk — Investor Presentation (March 2024)

51 slides from Innodisk's investor presentation, Mar 26, 2024

1. Slide 1: Innodisk Corporate Investor Conference

   © COPYRIGHT INNODISK CORPORATION Innodisk Corporate Investor Conference (Symbol: 5289) Randy Chien, Chairman 2024.03.26

2. Slide 2: Disclaimer

   © COPYRIGHT INNODISK CORPORATION P2 DISCLAIMER This file and the financial information and forecast information are based on information obtained by the company from internal and external sources. The actual operating results and financial conditions of the company may differ from these predictive s

3. Slide 3: Agenda

   © COPYRIGHT INNODISK CORPORATION P3 Agenda • Company Profile and Overview • Market Trend and Product Strategy • AI In Action Global Campaign • Environment, Social, Governance • Financial information • Q&A

4. Slide 4: Company Profile & Overview

   © COPYRIGHT INNODISK CORPORATION P4 COMPANY PROFILE & OVERVIEW

5. Slide 5: Company key facts

   © COPYRIGHT INNODISK CORPORATION P5 2024 Revenue Founded NT$8.31B 19 years Capital EPS NT$884M NT$12.98 Patents Customers 179 (+5) 4,000+

6. Slide 6: Global Business Operations

   © COPYRIGHT INNODISK CORPORATION P6 GLOBAL BUSINESS OPERATIONS Nanjing, Netherlands Hangzhou, Germany Beijing Suzhou, France Wuhan, Shanghai California Spain New Jersey Changsha Tokyo Southern Texas Chengdu California Guangzhou Taiwan Shenzhen Vietnam Innodisk HQ • R&D and Manufacture Center • Resea

7. Slide 7: R&D and Manufacture Center

   © COPYRIGHT INNODISK CORPORATION P7 Lot Size (Sq. Meter) Floor Area: 1st building (Sq. Meter) 2023 Capacity (SMT x 6) Maximum Capacity (SMT x 8) Floor Area: 2nd building (Sq. Meter) • AI System & Solution 27,000 12,000 900K 1,200K 15,000 • AI Peripheral • AI Camera R&D AND MANUFACTURE CENTER

8. Slide 8: R&D and Manufacture Center

   © COPYRIGHT INNODISK CORPORATION P8 Lot Size (Sq. Meter) Floor Area: 1st building (Sq. Meter) 2023 Capacity (SMT x 6) Maximum Capacity (SMT x 8) Floor Area: 2nd building (Sq. Meter) • AI System & Solution 27,000 12,000 900K 1,200K 15,000 • AI Peripheral • AI Camera R&D AND MANUFACTURE CENTER

9. Slide 9: Innodisk Headquarter

   © COPYRIGHT INNODISK CORPORATION P9 Floor Space 17F 1,650 m² (Aetina) 16F +3,300 m² 7F 3,300 m² (Aetina 660 m²) 5F 3,300 m² 4F 3,300 m² 3F 3,300 m² 2F 1,320 m² (Aetina 660 m²) INNODISK HEADQUARTER

10. Slide 10: Quality, Sustainability Our Top Priority

    © COPYRIGHT INNODISK CORPORATION P10 PRODUCTION 1,350K / Monthly (2023) CERTIFICATIONS ISO9001 / ISO14001 / ISO45001 / QC080000 / QUALITY, SUSTAINABILITY ISO14064-1 / ISO27001 MANUFACTURING New Taipei City / Yi-Lan County OUR TOP PRIORITY

11. Slide 11: Zero Trust Management & AI Intelligent Innovation

    © COPYRIGHT INNODISK CORPORATION P11 ZERO TRUST MANAGEMENT & AI INTELLIGENT INNOVATION Focus on Information security risks Zero trust is true security AI landing & intelligent integration Intelligent innovation under information Complete Zero-trust Architecture Deployment: 1. Leverage AI technology

12. Slide 12: Partnership and Awards

    © COPYRIGHT INNODISK CORPORATION P12 PARTNERSHIP AND AWARDS Official Intel® Official partner of NVIDIA Elite Partner IoT Solution Partner Azure Sphere (Aetina) 2018-2023 2018-2023 2019-2023 World’s TOP 1 TOP 40 International World’s TOP 10 Asia’s 200 Best Companies Industrial Grade SSD Provider Taiw

13. Slide 13: Market Trend & Product Strategy

    © COPYRIGHT INNODISK CORPORATION P13 MARKET TREND & PRODUCT STRATEGY

14. Slide 14: Business Coverage / Solid Experience in Diverse Industries

    BUSINESS COVERAGE / SOLID EXPERIENCE IN DIVERSE INDUSTRIES © COPYRIGHT INNODISK CORPORATION P14 4000 +Clients Communication Manufacturing Transportation Aerospace Edge Servers 78 Global Partners Smart Energy Surveillance & Safety Healthcare Retail & Logistics Entertainment

15. Slide 15: From IPC to AI New Era

    BUSINESS COVERAGE / WHAT WE ARE FACING © COPYRIGHT INNODISK CORPORATION P15 INDUSTRIAL VERTICAL SMART VERTICAL ARTIFICIAL PC MARKET MARKET (IIoT) MARKET (AIoT) INTELLIGENCE Industry Evolution toward AI FROM IPC TO AI NEW ERA, WE ARE THE KEY TO THE INDUSTRY GROWTH

16. Slide 16: Innodisk AI Solution Framework

    © COPYRIGHT INNODISK CORPORATION P16 INNODISK AI SOLUTION FRAMEWORK Cloud Cloud AI iCAP (Innodisk Cloud Administration Platform) Management iSeries Software iSMART / iTracker / iOPAL / iRAID Tools / SDK Software / Firmware Innodisk AI iVIT – Edge AI Suite SDK Operation X86 / ARM , Windows / Linux Sy

17. Slide 17: We are architects of intelligence

    © COPYRIGHT INNODISK CORPORATION P17 We are architects of intelligence Leveraging collective minds to design purposeful infrastructure that unlocks AI’s true potential to shape better futures.

18. Slide 18: Brand Elevation

    © COPYRIGHT INNODISK CORPORATION P18 BRAND ELEVATION INTEGRATED PRODUCT LINES & COMMUNICATION STRATEGY Software Solutions Embedded Embedded Peripherals Peripherals DRAM DRAM DRAM Storage Storage Storage Flash Flash Flash Flash Storage Storage Storage Storage

19. Slide 19: Innodisk Intelligence Structure

    © COPYRIGHT INNODISK CORPORATION P19 INNODISK INTELLIGENCE STRUCTURE FROM INDUSTRY INSIGHTS TO REAL-WORLD APPLICATIONS Partners' solutions collectively create Architect your intelligence solutions with an intelligence ecosystem flexibility that apply to achieve goals AI training and inference maximi

20. Slide 20: Subsidiaries

    © COPYRIGHT INNODISK CORPORATION P20 SUBSIDIARIES Vehicle Communication Solutions Innovative Networking Solutions Antzer Tech focuses on the Millitronic focuses on high-speed development of V2X applications, and low-latency virtual network including the solutions for fleet technologies, providing op

21. Slide 21: Data Intelligence Product Portfolio

    BUSINESS COVERAGE / PRODUCT PORTFOLIO © COPYRIGHT INNODISK CORPORATION P21 DATA INTELLIGENCE PRODUCT PORTFOLIO Embedded Memory Server Memory Wide Temperature Memory Customized Memory DRAM IC DRAM PCIe SATA PATA SD USB FLASH

22. Slide 22: Reliable Industrial-Grade Products & Technical Support

    BUSINESS COVERAGE / PRODUCT PORTFOLIO © COPYRIGHT INNODISK CORPORATION P22 DATA INTELLIGENCE SOLUTION FEATURES INDUSTRIAL GRADE SSD Multi-level PLP Features Longevity Combination with Optimized Firmware Data Security (Power-Loss - for Vertical Support Public & Private for Industrial & Integrity Prot

23. Slide 23: Data Intelligence New Product Overview

    DATA INTELLIGENCE / PRODUCT OVERVIEW © COPYRIGHT INNODISK CORPORATION P23 DATA INTELLIGENCE NEW PRODUCT OVERVIEW PRODUCT FEATURE • Targeting edge server applications • Low-latency / Excellent Performance / High Endurance • High Capacity: 16TB (U.2) / 8TB (E1.S) Edge Server SSD • Excellent Speed: 650

24. Slide 24: PCIe 4TE3 nanoSSD

    DATA INTELLIGENCE / PRODUCT OVERVIEW © COPYRIGHT INNODISK CORPORATION P24 DATA INTELLIGENCE NEW PRODUCT OVERVIEW PRODUCT FEATURE • Low power consumption and small form factor • Support Gen4 x4 DRAM-Less BGA and M.2 • Support NVMe Namespace for storage efficiency and security 12nm PCIe 4.0 CTL nanoSS

25. Slide 25: Data Intelligence New Product Overview

    DATA INTELLIGENCE / PRODUCT OVERVIEW © COPYRIGHT INNODISK CORPORATION P25 DATA INTELLIGENCE NEW PRODUCT OVERVIEW PRODUCT FEATURE • Flexible memory capacity expansion for data intensive workloads. • Boost utilization & optimized allocation: Balance memory bandwidth to CXL 2.0 Type 3 Memory Expansion

26. Slide 26: Computing Intelligence Product Portfolio

    BUSINESS COVERAGE / PRODUCT PORTFOLIO © COPYRIGHT INNODISK CORPORATION P26 COMPUTING INTELLIGENCE PRODUCT PORTFOLIO FPGA CPU GPU ASIC DeviceEdge MegaEdge AI Accelerator & GPU for AI Inference for AI Inference AI ASIC

27. Slide 27: Sensing Intelligence Product Portfolio

    BUSINESS COVERAGE / PRODUCT PORTFOLIO © COPYRIGHT INNODISK CORPORATION P27 SENSING INTELLIGENCE PRODUCT PORTFOLIO Camera Air Sensor

28. Slide 28: Sensing Intelligence New Product Overview

    SENSING INTELLIGENCE / PRODUCT OVERVIEW © COPYRIGHT INNODISK CORPORATION P28 SENSING INTELLIGENCE NEW PRODUCT OVERVIEW PRODUCT FEATURE • Create a highly customized camera AI-specific imaging vision and embedded intelligence platform • Cross-platform compatibility • Image adaptation Customized Camera

29. Slide 29: Connecting Intelligence Product Portfolio

    BUSINESS COVERAGE / PRODUCT PORTFOLIO © COPYRIGHT INNODISK CORPORATION P29 CONNECTING INTELLIGENCE PRODUCT PORTFOLIO SERIAL CANbus & CANFD GNSS LAN WI-FI

30. Slide 30: Extended Intelligence Product Portfolio

    BUSINESS COVERAGE / PRODUCT PORTFOLIO © COPYRIGHT INNODISK CORPORATION P30 EXTENDED INTELLIGENCE PRODUCT PORTFOLIO Storage Display Testing Tool Disk Array InnoEx Virtual I/O

31. Slide 31: Machine-Learning Intelligence Product Portfolio

    BUSINESS COVERAGE / PRODUCT PORTFOLIO © COPYRIGHT INNODISK CORPORATION P31 MACHINE-LEARNING INTELLIGENCE PRODUCT PORTFOLIO AI model training and inference utility Simplified AI training & inference experience No-code GUI (Graphical User Interface) Supports heterogeneous AI accelerators

32. Slide 32: Management Intelligence Product Portfolio

    BUSINESS COVERAGE / PRODUCT PORTFOLIO © COPYRIGHT INNODISK CORPORATION P32 MANAGEMENT INTELLIGENCE PRODUCT PORTFOLIO iSeries AI DEPLOYMENT MANAGEMENT REMOTE AI Model Zoo Smart device management SSD & DRAM SD Card and USB AI tasks monitoring Remote management drive management real-time monitoring AI

33. Slide 33: Applied Intelligence Product Portfolio

    BUSINESS COVERAGE / PRODUCT PORTFOLIO © COPYRIGHT INNODISK CORPORATION P33 APPLIED INTELLIGENCE PRODUCT PORTFOLIO Customization and Tailoring Innodisk utilizes integrated technologies that allow developers to tailor AI models or solutions to address specific use cases or requirements. Our Diverse AI

34. Slide 34: Applied Intelligence New Solution Overview

    APPLIED INTELLIGENCE / SOLUTION OVERVIEW © COPYRIGHT INNODISK CORPORATION P34 APPLIED INTELLIGENCE NEW SOLUTION OVERVIEW PRODUCT FEATURE • From smart buildings to AIoT applications, managing air environment and providing real-time information • Integrates with diverse cloud platform. iCAP Air Manage

35. Slide 35: AI in Action Global Campaign

    © COPYRIGHT INNODISK CORPORATION P35 AI IN ACTION GLOBAL CAMPAIGN

36. Slide 36: 100+ Events in 2023

    INNODISK AI IN ACTION GLOBAL SALES & MKT CAMPAIGNS TO BOOST UP AI BUSINESS OUTREACH LOCAL SEMINARS EMBEDDED WORLD NVIDIA GTC @Germany AI HARDWARE SUMMIT @USA LOCAL TRADESHOWS COMPUTEX TAIPEI KEY ACCOUNT VISITS @Taiwan 100+ EVENTS IN 2023

37. Slide 37: NVIDIA Collaboration Highlight

    NVIDIA COLLABORATION HIGHLIGHT Innodisk and Aetina partner with NVIDIA to showcase the achievements of the Smart Factory Solution and outline their future collaboration roadmap for developing Edge AI applications in diverse vertical markets Innodisk and Aetina showcase the "AOI AI Defect Detection S

38. Slide 38: NVIDIA Collaboration Highlight: 2024 GTC

    NVIDIA COLLABORATION HIGHLIGHT ◼ GTC attendees gathered at Silicon Valley’s SAP Center arena for Jensen’s keynote speech. ◼ More than 900 sessions, more than 300 exhibits and 20-plus technical workshops at San Jose 2024 GTC @ San Jose Convention Center

39. Slide 39: NVIDIA Collaboration Highlight: 2024 GTC

    NVIDIA COLLABORATION HIGHLIGHT 2024 GTC @ San Jose Both Innodisk and Aetina was invited to showcase Edge AI Integration at NVIDIA GTC

40. Slide 40: Environment, Social, Governance

    © COPYRIGHT INNODISK CORPORATION P40 ENVIRONMENT, SOCIAL, GOVERNANCE

41. Slide 41: Innodisk's ESG Journey

    © COPYRIGHT INNODISK CORPORATION P41 MILESTONES IN 2023 Selected for inclusion in the OTC ESG 30 Index Awarded Silver Prize in PwC Sustainability Impact Awards with “Hands-on Regeneration Camp” LOOKING AHEAD TO 2024 Attained the EcoVadis Bronze Medal for sustainability ratings Implementing RBA (Resp

42. Slide 42: Expand Biodiversity Impact, Become Guardians of Environment

    © COPYRIGHT INNODISK CORPORATION P42 EXPAND BIODIVERSITY IMPACT, BECOME GUARDIANS OF ENVIRONMENT Habitat Conservation Wuwei Harbor Wetland Conservation & Tern Restoration Plan Invasive Species Land: Mile-a-minute Weed Eradication Waters: Giant Salvinia Volunteer Engagement Employee Biodiversity Volu

43. Slide 43: Technology Education: Leverage AI in Talent Development

    © COPYRIGHT INNODISK CORPORATION P43 TECHNOLOGY EDUCATION: LEVERAGE AI IN TALENT DEVELOPMENT Explore application scenarios, develop comprehensive College solutions, and participate in internal/external competitions, Learn and adopt iVIT in high school Senior High School learning processes Junior Hig

44. Slide 44: Financial Information

    © COPYRIGHT INNODISK CORPORATION P44 FINANCIAL INFORMATION

45. Slide 45: Revenues and GPM over last 5 years

    © COPYRIGHT INNODISK CORPORATION P45 Revenues and GPM over last 5 years NT$: K GPM 12,000,000 40% 33.6% 34.2% 31.5% 30.3% 35% 10,000,000 29.8% 30% 8,000,000 25% 8,313,778 6,000,000 f 20% 10,195,658 10,303,229 15% 4,000,000 7,361,665 7,152,015 10% 2,000,000 5% 0 0% 2019 2020 2021 2022 2023

46. Slide 46: Net Profits and EPS over last 5 years

    © COPYRIGHT INNODISK CORPORATION P46 Net Profits and EPS over last 5 years NT$: K EPS: NT$ 2,000,000 25.00 21.46 1,800,000 18.94 1,600,000 20.00 1,400,000 12.98 1,200,000 12.73 15.00 11.46 1,000,000 f 1,560,888 1,850,189 800,000 10.00 600,000 1,147,616 1,014,254 931,663 400,000 5.00 200,000 0 0.00 2

47. Slide 47: Revenue Breakdown by Product Lines

    © COPYRIGHT INNODISK CORPORATION P47 Revenue Breakdown by Product Lines 2021 2022 2023 4% 2% 2% 2% 7% 7% 49% 52% 37% 54% 45% 39% DRAM Flash AIoT Solutions Others

48. Slide 48: Revenue Breakdown by Regions

    © COPYRIGHT INNODISK CORPORATION P48 Revenue Breakdown by Regions 100 2 2 2 90 12 14 12 80 19 16 17 70 60 15 14 16 50 22 23 40 21 30 20 30 31 32 10 0 2021 2022 2023 Taiwan Europe America China Asia Others

49. Slide 49: Annual Income Statement

    © COPYRIGHT INNODISK CORPORATION P49 Annual Income Statement 2021 2022 2023 YoY Revenues 10,195,658 10,303,229 8,313,778 -19.3% Cost of good sold 7,103,440 6,844,611 5,467,866 -20.1% Gross profit 3,092,218 3,458,618 2,845,912 -17.7% Operation expenses 1,142,972 1,419,157 1,465,884 3.3% Operation pro

50. Slide 50: Q&A

    © COPYRIGHT INNODISK CORPORATION P50 Q&A

51. Slide 51: © COPYRIGHT INNODISK CORPORATION

    © COPYRIGHT INNODISK CORPORATION

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