Acter Group Co., Ltd. (hereinafter “Acter*”, Ticker: 5536 TT) announced March 2023 revenue. On a consolidated basis, our March 2023 revenue reached NTD2.32 billion, increased 27% MoM but fell 4% YoY due to material shortage. 2023 accumulated revenue grew 4% YoY to NTD5.58 billion. Compared to last year, the overall external environment, such as raw materials and labor supply, remains challenging, while Acter* mitigates the risks by improving controls costs and customer services for various projects. Acter* also maintains good relationships with all its certified suppliers and contractors, and obtains the latest information to strengthen procurement process. Acter* actively tracks the progress of projects in Taiwan, mainland China, and Southeast Asia, adjusts project schedules, and ensures the execution of project budgets and schedules to maintain steady growth.

2023 Outlook:

Against the backdrop of the macro economy and geopolitical factors, there remains uncertainty in the overall operating environment in 2023. However, Acter*'s diversified business layout across industries, regions, and professions helps mitigate negative impacts. In addition, Acter*'s backlog exceeded NT$30 billion, providing sufficient support for the group's operations over the next 1-2 years. Looking ahead, Taiwan's integration into the global resilient supply chain will continue to drive investment across industries and bring new opportunities for Acter*. In China, since the lifting of Covid-19 restrictions, production activities have gradually resumed, and enterprises are expected to launch new investments in the second half of 2023, leading to growth in Acter*'s new orders from China. In Southeast Asia, new projects will continue to emerge under the drive of local economic growth and the regional supply chain restructuring, with significant growth expected for Acter*'s new orders. In summary, Taiwan and China are still the main sources of new projects, while Southeast Asia is expected to show an accelerated order growth momentum.

Acter*'s core business is engineering system integration services. Therefore, facing global climate change and industrial transformation challenges, Acter* will focus on investing in the research and development of green innovative technologies. From the technical side, Acter* will provide customers with energy-saving/green energy environmental protection economic engineering solutions, and then integrate professional skills and accumulated knowledge and experience to collaborate with partners. In the global ESG and carbon-neutral market environment, Acter*, as a driver of green engineering, assists customers in achieving carbon neutrality and creating green business opportunities.

*The number is unaudited.

Acter* Monthly Sales (March 2023)：                         

Unit: NTD thousand；%

2022 Dividend Semi-Annual Payout Schedule (par value NT$5/share)

The company's par value per share is NT$5. Total cash dividend reaches NT$11.92 per share in 2022. If converted to 10 par value per share, the distribution is equivalent to NT$23.84 in cash dividends.

IR Contact:

Acter Assistant Vice President  Miss Tsao  (04)2261-5288  IR@acter.com.tw

IPR Advisors   Tim Chen   (02)2758-0339  ir@ipradvisors.com