HTC REPORTS SECOND QUARTER 2023 RESULTS

Taipei, Taiwan - August 2, 2023 - HTC Corporation (TWSE: 2498), a global leader in immersive and connected technologies, today announced consolidated results for fiscal 2023 second quarter ended June 30, 2023.

2Q23 Financial Highlights：

  • Quarterly revenue of NT$1.14 billion with a gross margin of 41.4%, up from 40.8% last quarter.
  • Quarterly operating loss of NT$1.11 billion with an operating margin of -96.9%.
  • Quarterly net loss attributable to owners of the parent was NT$0.90 billion, or an EPS of -NT$1.08.

2Q23 Business Update：

  • HTC launched HTC U23 Pro, the first HTC smartphone with a 108 MP main camera, along with HTC U23. The HTC U23 series bring consumers brand new entertaining experience and show the endless possibilities of Apps with the freshly upgraded VIVERSE App, seamlessly merging the virtual and physical realms.
  • HTC attended 2023 International Public TV Conference in Taipei and featured VIVE products jointly with Public Television Service Taiwan. HTC demonstrated the 5K high-resolution VIVE Pro 2 and the compact and powerful VIVE XR Elite, showing Taiwan's leading position in the VR industry and the value of VR in education, medical and training services created by HTC.
  • HTC participated in COMPUTEX TAIPEI 2023 with Supermicro and MSI respectively and demonstrated virtual production suite VIVE Mars CamTrack and the brand new portable 5G private network solution REIGN CORE S2 by G REIGNS, showing HTC's outstanding technique in virtual production and 5G commercial fields.
  • VIVE Arts partnered with VR/AR content brand Excurio and launched The Horizon of Khufu- Immersive Expedition, the world's first immersive virtual reality project based on the recreation of the interior and surroundings of the Pyramid of Khufu in Egypt. It took three years for Excurio and the Giza Project team of Harvard University to work together to realize the project with the technology of VIVE tracking solution and Location-Based Entertainment.
  • HTC won the silver medal in sustainability from the world's most trusted business sustainability ratings EcoVadis for the second consecutive year, placing HTC higher than 82% of over 100,000 evaluated companies around the world. This reflects HTC's concern over climate change and social inequality, and its committing to reducing environmental impacts and emphasizing social responsibility.
    • Ends -

Quarterly Results Information

HTC investor information may be accessed at:

https://investors.htc.com/en/

About HTC

HTC Corporation is a global technology innovator delivering award-winning products and industry firsts since 1997. The company creates inspiring products and experiences through a strong line of mobile solutions, connected devices, and VIVE virtual reality (VR) hardware and ecosystem. HTC offers a diverse portfolio of mobile and VR hardware, software, and content that transforms the way consumers and businesses see and interact with the world and beyond. HTC is listed on the Taiwan Stock Exchange (TWSE: 2498). For more information, please visit www.htc.com.

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HTC and the HTC logo are trademarks of HTC Corporation. All other names of companies and

products mentioned herein may be trademarks of their respective owners.

IR / Finance & Accounting Division

Grace ChangChien

Investor Relations

Email:Grace_ChangChien@htc.com

Tel: +886-2-8912-4138 Ext. 22195

Disclaimer:

This press release contains forward‐looking statements which may include projections of future results of operations, financial condition or business prospects based on our own information and other sources. Our actual results of operations, financial condition or business prospects may differ from those expressed or implied in these forward‐looking statements for a variety of reasons, including but

not limited to market demand, price fluctuations, competition, international economic conditions, supply chain issues, exchange rate fluctuations and other risks and factors beyond our control. The forward‐looking statements in this release reflect the current belief of HTC as of the date of this

release. HTC undertakes no obligation to update these forward‐looking statements for events or circumstances that occur subsequent to such date.

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HTC Corporation published this content on 02 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 August 2023 07:42:02 UTC.