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Confidential 3

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(unaudited brand consolidated financials)

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in NT$ Mn 1Q 2016 4Q 2015 QoQ 1Q 2015 YoY

Net Revenue 110,050 123,989 -11% 102,181 8%

COGS (95,682) (107,199) -11% (88,713) 8%

Gross Profit 14,368 16,789 -14% 13,467 7%

Operating Expenses (9,671) (11,212) -14% (8,746) 11%

Operating Income 4,697 5,577 -16% 4,721 -1%

Non-OP Items 559 333 68% 39 1346%

Pre-Tax Income 5,257 5,911 -11% 4,760 10%

Tax (1,095) (1,367) -20% (1,079) 1%

Net Income 4,161 4,544 -8% 3,680 13%

EPS 5.6 6.1 5.0

Gross Margin % 13.1% 13.5% 13.2%

Operating Margin % 4.3% 4.5% 4.6%

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(unaudited brand consolidated financials)

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Non-OP Items 1Q 2016 4Q 2015 QoQ 1Q 2015 YoY

Interest Income (net) 152 122 25% 33 359%

Investment Income 181 124 46% 307 -41%

Askey 64 (53) 222% 195 -67%

Others 116 177 -34% 112 4%

Exchange Gain/(Loss) 79 2 3226% (349) 123%

Other Income (net) 148 85 74% 48 208%

Total Non-OP items 559 333 68% 39 1346%

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in NT$ Mn Mar 31, 2016 Dec 31, 2015 QoQ Mar 31, 2015 YoY

Cash & equivalents 52,259 51,394 2% 67,176 -22%

Accounts receivable 75,180 75,546 -0.5% 61,716 22%

Inventories 85,992 98,729 -13% 86,765 -1%

Current Assets 221,811 234,515 -5% 223,688 -1%

Long-term investments 74,397 70,625 82,461

Fixed assets 3,535 3,576 3,621

Total Assets 310,653 319,174 -3% 319,235 -3%

Accounts payable 40,033 52,529 -24% 53,753 -26%

Current Liabilities 128,921 142,575 -10% 136,682 -6%

Total Liabilities 138,065 151,822 -9% 145,877 -5%

Paid-in capital 7,428 7,428 7,428

Stockholders' equity 172,587 167,352 3% 173,359 -0.4%

Avg. Days of Inventory 88 82 93

Avg. Days of AR 62 56 59

Avg. Days of AP 48 55 72

Avg. CCC Days 103 82 81

7 * As of Apr 30, 2016, brand consolidated cash balance was NT$ 71bn, account receivable was $68bn ,and account payable was $53bn

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Confidential 9

PC

66%

Mobile

17%

IOT

3%

Component

14%

1Q 2016 1Q 2015

PC

67%

Mobile

16%

IOT

3%

Component

14%

1Q 2016

Confidential 10

EURP

28%

ASIA

52%

Americas

20%

1Q 2016 1Q 2015

EURP

35%

ASIA

48%

Americas

17%

1Q 2016

Confidential 11

Brand revenue to be NT$ 95~100 billion

PC revenue QoQ -10%~-15%, YoY +0%~+5%

Mobile revenue QoQ +0%~+5%, YoY -10%~-15%

Component revenue QoQ -5%~-10%, YoY +0%~+5%

Gross profit margin to be ~13% 0.5%

Operating profit margin to be between 4.0~4.5%

2Q 2016

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In Search Of Incredible

Cloud (Big Data)

PC IOT

VR / AR Robotics

Accessing

Screening

Sharing

Generating

Interacting

Flowing

New Ubiquitous Computing Era

Mobile

Gaming (ROG) NB / DT / MB / VGA / Monitor

Zen AiO Pro / ZenBook ZenBook 303 / 305 / 501

Commercial DT / NB / Chromebook

ASUS PC

Mainstream VivoBook / Vivo AiO

2 in 1 Transformer / Flip

PC Q1

China YoY

EMEA YoY

Gaming YoY

ZenBook YoY

PC Q2

Gaming PC YoY

ZenBook & ZenAiO YoY

Chromebook YoY

ASUS ROG Gaming

Performance Leader

Dual Graphics with Liquid Cooled

( 2016 Computex )

ASUS ZenBook 3

with Unprecedented Performance

( 2016 Computex )

Evolution of Transformer

Productivity + Entertainment

( Android )

Microsoft Surface Pro 3

( Windows )

iPad Pro

2011 2013 2014 2015

Powerful. Convenient. Expandable

ASUS Transformer 3 / Pro

( 2016 Computex )

4GB RAM

Smartphone

thinnest 3X optical lens smartphone

ASUS Mobile

Pad + Phone

in One

Phone

TWN YoY

SEA YoY

India YoY

Italy YoY

Russia YoY

Japan YoY

ASUS Mobile

ZenFone 3 Max Battery. Camera. ZenUI.

ZenFone 3 Deluxe

ZenFone 3 ID. Camera. Performance.

Audio. ZenUI.

TOP Fighting Mainstream Fighting

( 2016 Computex )

Mobile VR 2016 Q3

PC VR Headset : 2017 1H

Mobile AR 2017 1H

ASUS VR / AR

ASUS IOT

Smart

Home

Smart

Car

Smart

Wearable

Robotics

(2016 Computex )

leading enterprise in the new digital era.

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