COMPANY PROFILE 櫃買業績發表會 THINK OF GAME ; THINK OF IGS 1

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1 COMPANY PROFILE 櫃買業績發表會 THINK OF GAME ; THINK OF IGS 1

2 AGENDA COMPANY OVERVIEW MARKET UPDATE FINANCIAL HIGHLIGHTS IGS PRODUCT HIGHLIGHTS THINK OF GAME ; THINK OF IGS 2

3 COMPANY OVERVIEW THINK OF GAME ; THINK OF IGS 3

4 COMPANY PROFILE Paid-in Capital Million NTD Established Nov. 10, 1989 Employees ADDRESS Business Fields 750 ( 72% R&D) NO.130, Wugong Rd., Wugu Dist, New Taipei City, Taiwan Design, development and manufacturing of arcade games Development and publishing online games Development of mobile games Main Market Arcade Games : China, Italy, U.S., Japan, Southeast Asia, Latin America Online Games: China, Taiwan, Japan, U.S Bloomberg: 3293 TT THINK OF GAME ; THINK OF IGS 4

5 WORLDWIDE BUSINESS SCOPE Arcade No.1 in China arcade games Top 2 Italy AWP, Online Games NO.1 Causal game portal "Game tower" in Taiwan NO.1 mahjong game site in Taiwan NO.1 online dancing site in Taiwan THINK OF GAME ; THINK OF IGS 5

6 PRODUCT INTRODUCTION ARCADE AMUSEMENT ONLINE/MOBILE CASUAL GAME CAR RACING MUSICAL 5D SHOOTING EZ Touch KIDS GAME STAR 31 WE DANCE OTHERS AMUSEMENT WITH PRIZE Knights of Valour PS4 Slots Paradise VIDEO SLOT POKER MULTI GAME 3 Kindoms Slots Poker City THINK OF GAME ; THINK OF IGS 6

7 BUSINESS MODEL ARCADE ONLINE/MOBILE Content Provider Manufacturer In-House Design Licensed IGS IGS General Distributors Channel Partners Casino Operators Special Content Request Amusement Arcades Customize End-Users QQ 360 WeChat 7-11 Family Mart THINK OF GAME ; THINK OF IGS 7

8 IGS BUSINESS STRATEGY Generating synergies across various types of media platform Arcade R & D Web IP Culture Media Mobile Console Global Partner Platform presence THINK OF GAME ; THINK OF IGS 8

9 THINK OF GAME ; THINK OF IGS IGS BUSINESS STRATEGY Medias Successfully leveraging our IP across all popular media Partners Pro Baseball Pop stars TV Shows

10 REVENUE CONTRIBUTION SALES BREAKDOWN BY PRODUCT 100% 80% 28.2% 32.0% 31.4% 40.3% 34.7% 42.1% 37.7% 40.2% 50.2% 45.0% 60% 40% 20% 71.8% 68.0% 68.6% 59.7% 65.3% 57.9% 62.3% 59.8% 49.8% 55.0% 0% Arcade Online THINK OF GAME ; THINK OF IGS 10

11 MARKET UPDATE THINK OF GAME ; THINK OF IGS 11

12 THINK OF GAME ; THINK OF IGS CHINA ARCADE GAME MARKET 12th & 13th Five Year Plan focus on Cultural and Creative Industries Cultural & Creative Digital Content Arts 動漫 Publish Comics & Cartoon (2010) Policy and Industrial Status China 12th Five Year Plan defines arcade game as Cultural & Creative industry (2010~2012H1) Local government started to issue more new arcade game center licenses to help industry growth. (2012H2~2013) China central government decided to fight corruption and gambling. The arcade industry was affected by this policy. Printing Media (2014H2~2016) 13th Five Year Plan extend 12th Five Year Plan. Central government relax the regulation of arcade game center and local government issues more licenses.

13 CHINA ARCADE GAME MARKET Area Existing (2014) Plan ( ) Increase Growth Rate Beijing % Guangzhou % Jiangsu % Zhejiang % Shandong % Sichuan % Shanzhen % Hunan % Foshan % Henan % Tongliao % Total % Source: Cultural Affairs Bureau, Province China arcade licenses keep growing up in response to the needs of shopping malls THINK OF GAME ; THINK OF IGS

14 THINK OF GAME ; THINK OF IGS SOUTHEAST ASIA ARCADE MARKET 0-14 Years Old Weighting Philippine Population 16.20% 96,000, Years Old Weighting Thai Population 19.80% 70,000, Years Old Weighting Malaysian Population 17.00% 30,000, Years Old Weighting Indonesian Population 26.00% 246,000,000

15 ITALY ARCADE GAME MARKET Largest single market in Europe 412K unit registered AWP (C6A) 50k unit registered VLT(C6B) Favorable and economic significance 60% Italians regularly spend money in AWP Gaming industry accounts for more than 20% of national tax revenues Regulatory support New regulation is expected to be implemented soon Placement in single venues has been increased, total available market will increase with upcoming regulation THINK OF GAME ; THINK OF IGS 15

16 THINK OF GAME ; THINK OF IGS CHINA ONLINE GAME-MOBILE 100M RMB ~2017 China Mobile Games CAGR 49.77% Enhance the quality of mobile games greatly increased willingness to pay. Mobile Game Market up to 70.5 billion RMB 80% 70% 60% 50% % E 2015F 2016F 2017F China Mobile Games YoY Growth Rate 40.7% 69.4% 59.0% 52.5% 43.4% 36.2% IGS PLAN China mobile phone users increased. Mobile game increased in the amount of downloaded, but advertising revenue based. 30% 20% 10% 0% Source: 中國文化部 2013 中國網路遊戲市場年度報告 Poker city(card & board game platform) Various titles Dream square Knights of Valour action game

17 THINK OF GAME ; THINK OF IGS CHINA ONLINE GAME-WEBGAME 100M RMB Chinese webgame market continues steady growing up 2011~2017 China Web Game CAGR 35.12% 70% 60% 50% 40% 30% 20% 10% E 2015F 2016F 2017F China Web Games YoY Growth Rate 46.7% 62.0% 32.5% 26.3% 25.1% 22.3% 0% IGS PLAN Source: 中國文化部 2013 中國網路遊戲市場年度報告 Mokylin ARPG game Kights of Valour QIHOO360 operation Another new title

18 THINK OF GAME ; THINK OF IGS IGS CHINA ONLINE GAME PLAN Tencent PS4 Mobile QQ Web Arcade Game Platform PS4-Knights of Valour Dream Square-Knights of Valour New Game CMGE-Arcade Game on mobile Porker City-Various titles Hongxiang-Card & Board Game Web Mokylin-QIHU-Knights of Valour (ARPG) 1Q15 2Q15 3Q15 4Q15

19 KNIGHTS OF VALOUR 三國戰紀 KNIGHTS OF VALOUR now on PS4 is a whole-new action game made with UNITY 3D techniques, transforming the 15-year old classic side-scrolling action game series into 3D graphics with more fun! THINK OF GAME ; THINK OF IGS 19

20 THINK OF GAME ; THINK OF IGS CHINA ONLINE- QQ ARCADE Deregulation on game console in Shanghai Free Trade Area, starting from Aug 1st, CHINA QQ ARCADE GAME PLATFORM From 2014,IGS currently have 5 Games on QQ Arcade game pl atform with the number 75000~80000 players, accounting for th e platform about 40 percent. It will increase to 7-8 in 2015.

21 THINK OF GAME ; THINK OF IGS CHINA ONLINE-PS4 Deregulation on game console in Shanghai Free Trade Area, starting from Aug 1st,2014. MSFT set up "Best TV" subsidiary being responsible for the sale of Xbox. Xbox starts to sell in 2014 Q4. Sony pushing PS4 by cooperating with Shanghai Oriental Pearl Group from hardware/software/service. PS4 initiates from 2015 /3/20.

22 CHINA ONLINE-MOBILE & PC CHINA POKER CITY MOBILE & PC GAME 3 rd largest card and board game platform in China 60 million valid registered user and nearly 4 million visitors per day IGS is shareholder and will launch various casual game title THINK OF GAME ; THINK OF IGS

23 FINANCIAL HIGHLIGHTS THINK OF GAME ; THINK OF IGS 23

24 OPERATION PERFORMANCE THINK OF GAME ; THINK OF IGS 24

25 DIVIDEND POLICY Dividend Policy NTD Cash Divined pay out ratio average is 80% Dividend yield rate is consistent and high % EPS CASH STOCK CASH DIVIDEND RATIO (%) THINK OF GAME ; THINK OF IGS 25

26 THINK OF GAME ; THINK OF IGS Income Statement Summary NTD$ million YOY (%) Sales Revenue Gross Profit (31.63) (26.68) (30.20) (26.37) 6.60 OP Profit Income before Tax (61.30) (74.37) (60.63) (64.10) Net Income EPS (NTD$) Gross Margin OP Margin Net Margin % 80.86% 82.52% 82.85% 82.44% 31.09% 33.21% 18.79% 6.60% 12.45% 27.82% 29.96% 15.13% 7.68% 13.85% (65.73) (62.78) (65.84) (62.72)

27 THINK OF GAME ; THINK OF IGS Balance Sheet Summary NT$ million Total Assets 3,737 4,257 3,359 3,002 3,174 Cash 1,917 1,827 1, AR & Other Receivables Inventory Fixed Asset 1,060 1,498 1,491 1,424 1,371 Total Liabilities Bank Loans AP & Other Payables Total Equity 3,044 3,289 2,844 2,587 2,692 YOY (%) (21.09) (10.63) 5.73 (4.69) (41.87) (13.37) (27.04) (38.51) (28.96) (0.47) (4.49) (3.72) (46.80) (19.42) (57.42) (25.84) (13.53) (9.04) 4.06 ROA (%) ROE (%) Net cash* 1,917 1,827 1, ,067 *Net cash = cash & cash equivalents + other current financial assets (time deposits, money market fund and government bond related) bank loans 27

28 IGS PRODUCT HIGHLIGHTS THINK OF GAME ; THINK OF IGS 28

29 ARCADE-MONSTER EYE Game Features: 5D motion theater Shaking seat Air blow Body motion capture Five stages Cinematic game play play Collaboration with film film director Jimmy Jimmy Hung Hung Cross-border cooperation with Mocap Cross-border company cooperation with Mocap company Hollywood actor professional recording Hollywood actor professional recording THINK OF GAME ; THINK OF IGS 29

30 CONSOLE PS KNIGHTS OF VALOUR Game Features: Taiwan s first game ever released on PS4 First F2P game with in-game purchases on PS4 Brand sequel well celebrated for 16 years in Asia Adapted from the Three Kingdoms and Huaxia tales Side scrolling action game in 3D graphics Massively multi-player online game THINK OF GAME ; THINK OF IGS 30

31 THINK OF GAME ; THINK OF IGS MOBILE SLOTS PARADISE

32 MOBILE QUEEN Product features unique Beauty card 2 RVR BATTLE!Fighting for resources 3 Amazing fighting effects and unique skills 4 Arena!Who is No.1 THINK OF GAME ; THINK OF IGS 32

33 MOBILE HERO OF ROBOTS PARADISE Game features: Complete collection of cards from over 200 arcades. New card strategy game rules and easy to play. Perfect robot-pilot matching with most power around the world. Authentic battles simulated as in real game, bringing the trendiest card battle game! Robots X Pilots X Equipment! Create your own Robot! Over 20 Chapters and nearly a hundred stages and challenges! With brand new tactical settings, you may lead the history on your own! THINK OF GAME ; THINK OF IGS 33

34 三國戰紀 - 風雲再起 WEBGAME KNIGHTS OF VALOUR Reborn from famous arcade game under Web Old school 2D pixel graph Story from well-know China three kingdoms COMBO and more COMBO Variety missions and trading systems THINK OF GAME ; THINK OF IGS 34

35 MOBILE OVERSPEED Best Mobile Racing Game in 3D! HD, exciting, and simple! Easy to play and plentiful modes! Wide collection of motorbikes and show girls! Non-stop campaigns with most popularity! Various items and High Pay Rate! Missions and Achievements! Most addictive! THINK OF GAME ; THINK OF IGS 35

36 MOBILE PROJECT C Zombie Apocalypse + Strategy Refer Top 1 Grossing Strategy Game Real-time strategies More strategic controls Choices in zombie apocalypse Train your zombie killers RPG x RTS x Zombies x Heroes THINK OF GAME ; THINK OF IGS 36

37 MOBILE PROJECT D High quality 2D mobile game Fantastic battle Animations Highly popular game theme Numerous team strategy Exciting real time control Reverse the battle by your finger THINK OF GAME ; THINK OF IGS 37

38 Thank You! Please visit our website THINK OF GAME ; THINK OF IGS 38