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Dear Investors,

YG Group announced its consolidated revenue of NT$680 million for March 2022. This represents an increase of 47.48% Month-over-Month (MoM) and a decrease of 10.82% Year-over-Year (YoY). In terms of the shipment volume, we delivered 13,652 tons in March, an increase of 47.74% MoM and a decrease of 18.52% YoY. 

The lower-than-expected revenue and shipments in March were mainly due to the COVID-19 restrictions in Shanghai, which affected both export and inland transportation in the Yangtze River Delta region. 

Looking forward to April shipments, it is expected that it can return to more than 16,000 tons should the COVID-19 restrictions around Shanghai is relaxed. 

Consolidated revenue in the first quarter of 2022 was NT$ 1.813 billion, QoQ -26.7%; YoY -18.3%. Tonnage shipped in Q1 was 37,247 tons, QoQ -32.1%; YoY -22.5%. The revenue composition categorized by product applications are renewable energy (33.8%), injection molding machines (32.4%), and industrial machinery (33.8%).

Revenue and Shipment by quarter

Investor Relations

Kevin Tsai

Investor Relations, Assistant General Manager

Add: 4F., No93, Xinhu 1^St Rd., NeihuDist., Taipei, Taiwan(R.O.C.)

Tel : +886-2-2791-7198

Mobile : +886-978-705-865

E-mail : ir@ygget.com

Safe Harbor Notice

This presentation contains certain forward-looking statements that are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Except as required by law, we undertake no obligation to update any forward ¨C looking statements, whether as a result of new information, future events or otherwise.