【Novatek】Novatek Technology Q1 2026 Consolidated Financial Report and Q2 Business Outlook

1. Date of occurrence of the event: 2026/05/07 2. Company name: Novatek Microelectronics Corp. 3. Relationship with the company (please enter 'our company' or 'subsidiary'): Our company. 4. Mutual shareholding ratio: Not applicable. 5. Reason for occurrence: Not applicable. 6. Countermeasures: Not applicable. 7. Other matters that should be specified (if the subject of the event or resolution is a public company or above, this material information also meets the criteria for matters having a significant impact on shareholders' equity or securities prices as stipulated in Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act): Novatek Microelectronics Corp. (stock code: 3034) held an investor conference today (the 7th) to explain the company's Q1 2026 consolidated financial report:

Novatek Technology's Q1 2026 consolidated operating revenue was NT$23,145 million, an increase of 1.44% from the fourth quarter of last year, but a decrease of 14.66% compared to the first quarter of last year. In Q1, the mobile phone product segment faced pressure from tight memory supply and rising costs, impacting terminal demand. However, the System-on-Chip (SoC) business mitigated part of the impact, leading to a slight increase in revenue.

Q1 gross profit margin was 39.06%, an increase of 0.87 percentage points compared to last year's Q4 38.19%, mainly contributed by a favorable product mix.

Q1 2026 operating expenses were NT$5,012 million, compared to NT$4,851 million in Q4 last year and NT$5,087 million in Q1 last year. Q1 operating profit was NT$4,028 million, compared to NT$3,861 million in Q4 last year and NT$5,696 million in Q1 last year.

Q1 2026 net profit after tax was NT$3,767 million, an increase of 2.1% compared to Q4 last year, but a decrease of 28.43% compared to Q1 last year. Basic earnings per share for this quarter was NT$6.19.

Novatek Technology's 2025 earnings distribution plan has been approved by the Board of Directors to distribute a cash dividend of NT$23 per share. The total cash dividend distributed to shareholders is NT$13,995,763,787, accounting for 85.61% of the net profit after tax for 2025.

The company's Q2 2026 business outlook is as follows: ‧Consolidated revenue is expected to be between NT$27.5 billion and NT$28.5 billion; (Calculated with an exchange rate of USD to NTD at 1:31.3) ‧Gross profit margin is expected to be between 38% and 41%; ‧Operating profit margin is expected to be between 16% and 19%.