Issued by: ADATA Issued on: 2022/05/05 Taipei, Taiwan, R.O.C. – May 5th, 2022–ADATA today announced its financial results for the first quarter of 2022. Consolidated revenue for the quarter was NT$9.79 billion and gross margin improved 5 percentage points to 15.5% compared with the fourth quarter of 2021. Operating income was NT$525 million, an increase of 175% quarter-over-quarter and net income was NT$495 million, an increase of 387% compared to the previous quarter. Net income attributable to shareholders of the parent of NT$471 million grew by more than 7 times quarter-over-quarter. Based on 258 million outstanding shares, EPS was NT$1.82. The company’s consolidated sales for April of 2022 was NT$2.9 billion, a decrease of 10.69% month-over-month. Accumulated consolidated sales for January to April 2022 was NT$12.67 billion. ADATA 2022/Q1 Consolidated Financial Summary Item (in millions of NT$) 2022/Q1 2021/Q4 QoQ% 2021/Q1 YoY% Revenue 9,795 10,182 -3.81 9,096 7.68 Gross Profit 1,518 1,084 40.04 1,735 -12.48 Operating income 525 191 174.72 721 -27.13 Income before tax 653 307 112.36 980 -33.41 Net income 495 102 387.16 707 -30.05 Net income attributable to shareholders of the parent 471 53 783.67 685 -31.15 EPS before tax (in dollars) 2.53 1.21 - 4.20 - EPS after tax (in dollars) 1.82 0.21 - 2.94 - *Due to CB conversion, average outstanding shares for the first quarter of 2022 was 258 million and average outstanding shares for the fourth quarter of 2021 was 254 million. ADATA April Sales Report (Consolidated) (Unit: NT$ million) Period April-22 M-O-M Y-O-Y Net sales 2,907 -10.69% -19.32% Sales by Product for April 2022: DRAM 49.27% SSD 31.13% Others 19.6% *Year 2022 figures have not be audited
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