<p>CTCI Corporation The 3rd Investor Conference, 2020</p><p>29 September 2020</p><p>1 Disclaimer</p><p> The consolidated financial statement is hereby based on International Financial Reporting Standards (IFRS) and audited by CPA.</p><p> This presentation may include forward-looking statements with respect to the operations and business of the company other than the historical results. The actual results may differ from those indicated forward-looking statements due to unknown risks and uncertainties. Investors should make their own judgement and control the investment risk.</p><p>Copyright © 2016 CTCI All Rights Reserved. • Operation Review Agenda • Business Outlook • Financial Highlights</p><p>3 Operation Review </p><p>4 Company Honors</p><p> Listed in DJSI Emerging  FTSE TWSE <a href="/tags/Taiwan/" rel="tag">Taiwan</a> Dividend+ Index  Listed in MSCI Index Markets Index for  FTSE TWSE Taiwan Mid-Cap 100  MSCI ESG Rating A consecutive 5 years Index  Ranked No.3 in Engineering  Taiwan High Compensation 100 Index & Construction Industry Globally  FTSE TWSE Taiwan Eight Industries Index  Taiwan RAFI® Employment Creation 99 Index</p><p> Listed among ENR top 100  Top 5% of the 6th annual  Remains Top Contractor in international engineering "Corporate Governance CommonWealth Magazine's Top companies for consecutive 5 years Evaluation by TWSE 2,000 Enterprises Survey  Ranked 86th and 75th for  Top 5% among top 650 Enterprises international design firms and in Service Sector international contractor respectively</p><p>5 Copyright © 2016 CTCI All Rights Reserved. Two Indicators in 2020 hit a record high</p><p>Up until 25 September 2020, the new contract amount and backlog have hit a record high.</p><p>Unit: NT$, billion New Contract Backlog 127.3</p><p>286</p><p>101.7</p><p>85.6 203.2 208 195 166.3</p><p>44.4 46.3</p><p>2016 2017 2018 2019 25 Sep 2016 2017 2018 2019 25 Sep 2020 2020</p><p>6 Copyright © 2016 CTCI All Rights Reserved. Breakdown of New Contract and Backlog Date: 25 Sep. 2020 Region Business Sector</p><p>Gas 28% New New Contract</p><p>Environmental 16%</p><p>China 2% Southeast Asia 1% Transportation 5% USA 1% Hydrocarbon 2% General Industry 2% Taiwan 96% Others 1% Power 46%</p><p>Hydrocarbon</p><p>Power 25% 17% Backlog</p><p>Southeast Asia 9% Gas 11%</p><p>China 5% General Industry India 2% 6% USA 1% Transportation Middle East 1% Taiwan 82% Environmental 6% 31% Others 4%</p><p>7 Copyright © 2016 CTCI All Rights Reserved. Green Energy and Low Carbon Projects – New Contract in 2020</p><p>New Contract Amount: NT$127.3 billion (up until 25 Sep. 2020)</p><p>Build a clean and low-carbon society 86%</p><p>綠色工程Green energy and low carbon projects amounted NT$109 billion.</p><p>Southern Taiwan Science Park Wastewater Reclamation Unit DBOO Project</p><p>Guanyin (WPD) Offshore Wind Farm Transition Piece Fabrication Project</p><p>Hsinta and <a href="/tags/Taichung/" rel="tag">Taichung</a> Combined Cycle Project</p><p>CPC Third LNG Receiving Terminal Regas EPC Project</p><p>TPC Taichung LNG Receiving Terminal Regas EPC Project</p><p>Changhua Coastal Park Sludge Incineration Plant BOT Project</p><p>8 Copyright © 2016 CTCI All Rights Reserved. Growth of Green Energy and Low Carbon Projects</p><p>25 Sep. 2020 2015</p><p>Green Energy and Green Energy and Low Carbon Projects Growth in Backlog: 178% 23% Low Carbon Projects 64%</p><p>Wastewater Treatment LNG Receiving and Reclamation Incineration Plant Terminal</p><p>Air Quality Offshore Wind Farm/ Gas Fired Power Plant Control System Solar Power Plant</p><p>9 Copyright © 2016 CTCI All Rights Reserved. Green Energy and Low Carbon Projects – Ongoing</p><p> Offshore Wind Farms  Air Quality Control System (AQCS) • Chang Fang Xi Dao Offshore Wind Farm Pin Pile Supply for CIP/ Taiwan Yunlin Offshore Wind Farm Transition Pieces for WPD/ Taiwan • Ho-Ping Power AQCS Upgrade Project, Taiwan • Greater Changhua Offshore Wind Farm Transition Piece Fabrication for • Taichung Power Plant Unit 1 to 4 AQCS Retrofit Orsted/ Taiwan Project, Taiwan • Zhong Neng Offshore Wind Farm Pin Pile Supply for CIP and CSC/ Taiwan  Waste Water Treatment and • Guanyin Offshore Wind Farm Transition Piece Reclamation Fabrication for WPD/ Taiwan • Taoyuan Chung Li Sewerage System BOT Project / Taiwan  Solar Power Plants • Kaohsiung Feng Shan Shi Wastewater 82 solar power plants with 90.3MW/ Taiwan, USA Reclamation BTO Project / Taiwan • Kaohsiung Linhai Wastewater  Incinerators Reclamation BTO Project/ Taiwan • 2 incinerators O&M / Macau • Southern Taiwan Science Park • 2 incinerators BOT+5 incinerators Wastewater Reclamation DBOO O&M / Taiwan Project/ Taiwan • Taoyuan Biomass Energy Center BOT / Taiwan • Changhua Coastal Park Sludge Incineration Plant BOT Project / Taiwan  Gas-fired Power Plants • Combined Cycle Project/ Malaysia • Taichung and Hsinta Combined Cycle Project/ Taiwan</p><p> LNG Receiving Terminal • PTTLNG LNG Receiving Terminal / Thailand • Adani LNG Receiving Terminal /India • CPC 3rd LNG Receiving Terminal / Taiwan • Taipower Taichung LNG Receiving Terminal / Taiwan</p><p>Copyright © 2016 CTCI All Rights Reserved. 11 Business Outlook</p><p>11 CTCI PowerPoint Master Deck Government Energy Transformation Policy</p><p> Government Energy Transformation Policy:</p><p>Emission Gas Green Nuclear Reduction Increase Energy Free</p><p> The Structure of Electricity Generation: Renewable <a href="/tags/Coal/" rel="tag">Coal</a>-fired Gas-fired Nuclear Others energy 2018 35% 46% 6% 10% 3% 2025 27% 50% 20% 0% 3%</p><p>12 Copyright © 2016 CTCI All Rights Reserved. Taiwanese Companies’ Overseas Expansion Strategies</p><p>Petrochemical Companies</p><p>Petrochemical Companies</p><p>Technology Companies Petrochemical Companies</p><p>Technology Companies</p><p>• Post-COVID 19 World and the Deglobalization of the Trump Administration: The new investments of Taiwanese technology companies (e.g., electronics, semiconductor companies) tend to be regionalized. • Cheap Shell Gas in the USA: This attracts international oil companies (e.g., Taiwanese petrochemical companies) to invest in new capacity in the USA. • New Southbound Policy: Taiwanese technology companies and petrochemical companies (e.g., <a href="/tags/Indonesia/" rel="tag">Indonesia</a>, India and Vietnam) invest in new capacity abroad. • New Capacity Investment in End-User Market: Taiwanese petrochemical companies continuously invest in new capacity in China. Copyright © 2016 CTCI All Rights Reserved. Business Outlook – Taiwan</p><p>Gas-fired Power Plant</p><p>Taiwan Power Company budgeted NT$ 160 billion for 4 more power plants with total capacity of 10,000MW in the future. </p><p>LNG Receiving Terminal</p><p>CPC Corporation budgeted NT$ 130 billion for 18 storage tanks and gas related facilities. </p><p>14 Copyright © 2016 CTCI All Rights Reserved. Business Outlook – Taiwan</p><p>Incineration</p><p>NT$79 billion was budgeted for 5 incineration projects to dispose 4,800 tons/day of waste in the future. </p><p>Southern Taiwan Science Park solid waste treatment expansion plan.</p><p>Offshore Wind Farm</p><p>Next wave of bidding opportunities - Zonal Development with total power generation of 5,000 MW.</p><p>15 Copyright © 2016 CTCI All Rights Reserved. Business Outlook – Taiwan</p><p>Water Treatment</p><p>Government planned to build 7 wastewater reclamation plants, along with Tainan seawater desalination plant, an expected capacity of 480,000 CMD will be generated.</p><p>Wastewater treatment and reclamation plant for hi-tech industry</p><p>Transportation</p><p>Taiwanese government continuously pushes rail projects, and will launch 12 MRT and light rail projects in the coming 5 years.</p><p>16 Copyright © 2016 CTCI All Rights Reserved. Business Outlook – Taiwan</p><p>Oil Tank Farm</p><p>CPC Corporation budgeted over NT$30 billion for 69 storage tanks with total capacity of 300,000 M3 in the next 5 years.</p><p>Data Center •Hi-Tech Facilities </p><p>Google, Amazon and Microsoft continuously build data centers in Taiwan.</p><p>Hi-tech plants for semiconductor industry.</p><p>17 Copyright © 2016 CTCI All Rights Reserved. Business Outlook – USA, Southeast Asia, and India Southeast Asia and India Petrochemical •Hi-Tech Facilities </p><p>Petrochemical investments by Taiwanese companies Hi-tech investments by Taiwanese companies Petrochemical investments by American companies</p><p>LNG Receiving Gas-Fired Non-ferrous Terminal Power Plant Smelting USA Energy from Mass Rapid •Hi-Tech Waste Transportation Facilities </p><p>LNG Receiving Terminal projects in India IPP power plant projects in Malaysia Non-ferrous smelting projects in Indonesia Energy from Waste projects in the Philippines Metropolitan MRT projects in Thailand Hi-tech investments by Taiwanese companies in </p><p>18 Copyright © 2016 CTCI All Rights Reserved. Indonesia, India and Vietnam. Business Outlook – China and the Middle East</p><p>Petrochemical Middle East</p><p>ExxonMobil: Guangdong Petrochemical Complex BASF: Guangdong Petrochemical Complex Shell/CNOOC: Guangdong Petrochemical Complex SABIC/FHCPEC: Fujian Petrochemical Complex Chimei Corporation: Petrochemical Project Grand Pacific Petrochemical Corporation: Petrochemical Project</p><p>China LNG Export Facility Petrochemical</p><p>Qatargas North Field Expansion project in Qatar Petrochemical project in Qatar Petrochemical project in Oman Petrochemical project in Kuwait</p><p>19 Copyright © 2016 CTCI All Rights Reserved. Potential Bidding Opportunities in next 12 months</p><p>Potential Bidding Project Amount : NT$271.4 billion</p><p>By Region By Business Sector</p><p>Middle East 29% Hydrocarbon 17% Environmental 23%</p><p>Power 11% Southeast Asia 19% Transportation 10% China 5% Taiwan General Industry 43% USA 2% Gas 31% 4% Others 2% Others 4%</p><p>20 Copyright © 2016 CTCI All Rights Reserved. Financial Highlights</p><p>21 Consolidated Revenue and Breakdown Southeast Asia Unit: NT$, billion 20%</p><p>China 19% 70.5 71.6 </p><p>64.1 </p><p>58.2 USA 8%</p><p>India 5% Taiwan 44% Middle East 4%</p><p>33.7 Environmental Power 13% 17%</p><p>Gas 12%</p><p>General Industry 12%</p><p>Hydrocarbon Transportation 2% 2016 2017 2018 2019 2020 Aug. 41% Others 3%</p><p>22 Copyright © 2016 CTCI All Rights Reserved. 2020Q2 Consolidated Income Statement Unit: NT$, Thousand 2020/06/30 2019/06/30 YOY</p><p>Sales Revenues 24,705,860 100% 27,093,923 100% -8.8%</p><p>Operating costs (22,819,348) -92.4% (25,261,270) -93.2% -9.7%</p><p>Gross Profit 1,886,512 7.6% 1,832,653 6.8% 2.9%</p><p>Operating expenses (849,985) -3.4% (860,540) -3.2% -1.2%</p><p>Operating income 1,036,527 4.2% 972,113 3.6% 6.6% Total non-operating income (175,577) -0.7% 11,378 0.0% -1643.1% and expenses Profit before income tax 860,950 3.5% 983,491 3.6% -12.5%</p><p>Income tax expense (299,423) -1.2% (239,121) -0.9% 25.2%</p><p>Profit for the period 561,527 2.3% 744,370 2.7% -24.6% Profit attributable to Owners 310,472 1.3% 493,537 1.8% -37.1% of the parent Total basic earnings per share 0.41 0.65</p><p>23 Copyright © 2016 CTCI All Rights Reserved. 2020Q2 Consolidated Balance Sheet</p><p>Unit: NT$, Thousand</p><p>2020/06/30 2019/06/30</p><p>Current assets* 48,402,472 69% 48,127,890 70%</p><p>Non-current assets 21,414,058 31% 20,355,456 30%</p><p>Total assets 69,816,530 100% 68,483,346 100%</p><p>Current liabilities 35,132,283 50% 43,114,474 63%</p><p>Non-current liabilities 16,758,130 24% 6,105,278 9%</p><p>Total Liabilities 51,890,413 74% 49,219,752 72% Equity attributable to owners of 15,220,252 22% 16,357,527 24% the parent Non-controlling interest 2,705,865 4% 2,906,067 4%</p><p>Total equity 17,926,117 26% 19,263,594 28%</p><p>Total liabilities and equity 69,816,530 100% 68,483,346 100% *Cash and cash equivalents: NT$12.5billion</p><p>24 Copyright © 2016 CTCI All Rights Reserved. Dividend Payout</p><p>EPS Cash DPS Cash Dividend Payout Ratio(%) 130% 6.00 TWD 120%</p><p>5.00 94% 100% 90% 89% 89% 89% 86% 85% 88% 4.00 83% 3.68 80% 3.22 3.32 3.23 2.91 2.84 2.92 3.00 2.76 2.69 2.60 60% 2.42 2.51 2.40 2.40 2.22 2.23 2.26 1.99 2.00 2.00 1.54 40%</p><p>1.00 20%</p><p>0.00 0% 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019</p><p> The unappropriated retained earnings is fully distributed after deducting 10% legal reserve.</p><p>25 Copyright © 2016 CTCI All Rights Reserved. 26 Copyright © 2016 CTCI All Rights Reserved.</p>