Feng Tay Enterprises Co., Ltd. Operating Information

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Feng Tay Enterprises Co., Ltd. Operating Information 2012 Third Quarter Operating Information May 8, 2019 Feng Tay Enterprises Co., Ltd. 2012 Third Quarter Operating Information

About Feng Tay Group Founded in 1971. Capital: NTD 5,353 million. Business: 81% for Sports Shoes Manufacture 9% for Casual & Equipment Manufacture 2% for Golf Ball Manufacture 8% for Retail & Wholesale Feng Tay headquarters is located at Yunlin Science and Industrial Park in Taiwan. Factories: China, Vietnam, Indonesia and India. Employees: more than 85,000. Feng Tay Enterprises Co., Ltd. 2012 Third Quarter Operating Information

Agenda 3Q 2012 Financial Highlights Income Statements 3Q 2012 Revenue by Products ( YoY / QoQ ) Balance Sheets & Key Indices Cash Flows Revenue & Net Income Earnings Per Share Output & Shipment Outlook Recap of Recent Major Announcements Feng Tay Enterprises Co., Ltd. 2012 Third Quarter Operating Information

3Q 2012 Financial Highlights ( In NT millions except otherwise noted ) 3Q12 2Q12 3Q11 QoQ YoY Revenue 9,209 10,311 9,967 -11% -8% Gross Margin 20% 18% 15% +2ppts +5ppts Operating Margin 9% 8% 5% +1ppt +4ppts Net Profit Margin 7% EPS (NT$) 0.93 0.82 0.96 +13% -1% ROE 24% 21% 22% +3ppts Shipment ( ,000 Pairs) 14,966 18,409 17,181 -19% -13% * ROE figures are annualized based on average equity attributable to shareholders of the parent. Feng Tay Enterprises Co., Ltd. 2012 Third Quarter Operating Information

Income Statements 3Q12 2Q12 3Q11 QoQ YoY 9,209 10,311 9,967 -11% -8% ( In NT millions except otherwise noted ) 3Q12 2Q12 3Q11 QoQ YoY Revenue 9,209 10,311 9,967 -11% -8% Gross Profit 1,836 1,890 1,510 -3% +22% Operating Expenses -1,036 -1,092 -1,054 -5% -2% Operating Profit 800 798 456 0% +75% Non-Operating Items 65 30 215 +118% -70% Taxes -221 -271 -135 -18% +63% Net Income 645 557 535 +16% +20% Minority Interests 149 115 35 +29% +325% EPS (NT$) 0.93 0.82 0.96 +13% -1% Feng Tay Enterprises Co., Ltd. 2012 Third Quarter Operating Information

3Q 2012 Revenue by Products (YoY) Feng Tay Enterprises Co., Ltd. 2012 Third Quarter Operating Information

3Q 2011 Revenue by Products (QoQ) Feng Tay Enterprises Co., Ltd. 2012 Third Quarter Operating Information

Balance Sheets & Key Indices Selected Items from Balance Sheets 3Q12 2Q12 3Q11 ( In NT millions except otherwise noted ) Amount % Cash 1,576 7% 1,505 1,165 6% Accounts Receivable 2,330 11% 2,335 2,460 12% Inventory 3,931 19% 3,883 4,099 20% Long-Term Investment 395 2% 505 500 Net PP&E 10,681 51% 10,808 52% 10,742 Total Assets 20,955 100% 20,985 20,993 Current Liabilities 6,584 31% 7,203 34% 7,955 38% Long-Term Loan 1,995 10% 1,829 9% 1,350 Total Liabilities 10,172 49% 10,671 10,668 Total Shareholders’ Equity 10,783 10,314 10,325 Key Indices A/R Turnover Days 23 18 21 Inventory Turnover Days 48 45 41 Feng Tay Enterprises Co., Ltd. 2012 Third Quarter Operating Information

Cash Flows ( In NT millions except otherwise noted ) 2012 1/1~9/30 2011 2010 2009 Beginning Balance 1,303 1,195 1,531 1,337 Cash from Operating Activities 2,742 2,659 2,318 3,445 Capital Expenditures -1,122 -1,668 -1,814 -1,225 Cash Dividends -936 -883 -588 Loan -295 -488 -1,083 -594 Minority interest -215 -149 -905 -925 Others 99 -286 -135 81 Ending Balance 1,576 Revenue 10% 7% 8% 13% Feng Tay Enterprises Co., Ltd. 2012 Third Quarter Operating Information

1/1~9/30 1/1~9/30 Feng Tay Enterprises Co., Ltd. 2012 Third Quarter Operating Information

Year \ Quarter First Second Third Fourth 2012 ** 0.38 0.82 0.93 2011 * 0.61 0.31 0.96 0.88 2010 * 0.76 0.74 0.60 ** Based on 535,322,715 weighted average outstanding shares. * Based on 519,730,791 weighted average outstanding shares. Feng Tay Enterprises Co., Ltd. 2012 Third Quarter Operating Information

Output & Shipment Outlook 3Q12 Target Actual Change 4Q12 QoQ YoY China 3,500 3,459 -1% 3,300 -5% -16% Vietnam 8,200 8,058 -2% 7,900 -18% Indonesia 2,300 2,216 -4% 2,600 +17% -11% India 2,200 2,155 +2% +18% Unit: ,000 Pairs 16,200 15,888 16,000 0% -13% Shipment 3,364 3,200 8,000 7,656 +4% -12% 1,900 1,912 +1% +15% -23% 2,000 1,949 -3% +23% 15,200 14,881 15,700 +5% Feng Tay Enterprises Co., Ltd. 2012 Third Quarter Operating Information

Recap of Recent Major Announcements Company Earnings for October 2012.(2012/11/15) Group Footwear Production and Sales Quantities of October 2012.(2012/11/09) Group Estimates Footwear Production and Sales Quantities for Fourth Quarter 2012.(2012/10/15) Feng Tay Enterprises Co., Ltd. 2012 Third Quarter Operating Information

http://www.fengtay.com Feng Tay Enterprises Co., Ltd. 2012 Third Quarter Operating Information