#12021 Giant INVESTOR REPORT#2Why Giant different GIANT GIANT Liv Man CADEX GIANT BREND GROUP 1#3Engineering R&D, innovation Manufacturing Steady High quality output One & only Integrated Sport Marketing € GIANT | GIANT Liv momentum CADEX GROUP Premium Product Retail Network Giant Retail partnership GIANT GROUP 13#4Material All in-house manufacturing Handcraft Assembling omer RID 12#5Global Engineering procedures CUTTING-EDGE COMPOSITE MATERIAL All-new Professional Grade raw carbon material is woven in Giant's own composite factory to produce an even lighter, stiffer frameset than the previous generation. This material also uses Carbon Nanotube Technology resin to improve impact resistance. LASER CUTTING Whereas previous generations of TCR frames relied on machine-stamped composite swatches, new laser technology is now used to produce ultra-precise cuts. This translates into smaller, more exacting swatches, which results in lighter overall weight of the finished structure. © GIANT | GIANT Liv momentum CADEX GROUP ADVANCED ROBOTIC LAYUP ASSEMBLY Giant Manufacturing invested in a new robotic assembly process for the critically weight conscious areas of the frame and fork. Ultra-precise placement of 150 smaller, individual composite swatches results in lighter overall frame and fork weights. FINISHING TECH Our new ThinLine paint process on the TCR Advanced SL 0 Disc uses a minimum quantity of paint to save up to 50 grams compared to a traditional seven-layer paint application. In addition, a proprietary 3M adhesive protector is used to reinforce the integrated seatpost (ISP) when the saddle clamp is installed, saving more weight without sacrificing security. ●GIANT GROUP#6New TCR for total race bike W IANT LUDIS road.co ROAD BIKE OF THE YEAR 2020/21 WINNER GIANT GROUP O BIKE OF THE YEAR TCR WINS. ROAD.CC AWARD GIANT GROUP#7Sales performance GIANT GIANT Liv Man CADEX GIANT BREND GROUP 1#8Sales CLIMBING Sales Revenue (NT'bn) 60 60 57 55 60 60 63 70 70 2015 2016 2017 2018 2019 2020 © GIANT | GIANT Liv momentum CADEX GROUP GIANT GROUP 2#936% 37% 39% Sales by Region 21% 43% 23% 18% 21% 22% 2017Y 2018Y 2019Y 2020Y 2021Q1 15% 10% 11% 10% UROPE NORTH AMERICA CHINA € GIANT | GIANT Liv momentum CADEX GROUP SIT 969 7% 5% 7% 5% Till CN-NONBIKE JAPAN %9 5% TAIWAN 5% 5% 11% 11% 13% OTHERS GIANT GROUP 2 %611#102021 Market Overview Continuing high market demand post-Covid-19 Europe: E-bike still has strong demand ➤ US: People turn to bike to commute and gravel bikes still popular China: back to growth trend and see high demand in regular bikes © GIANT | GIANT Liv momentum CADEX GROUP GIANT GROUP 3#112021 Challenge ■Supply side ➤ Component > Logistic ➤ Labor ■ Cost increase © GIANT | GIANT Liv momentum CADEX GROUP GIANT GROUP 3#12Growth Driver GIANT BREND GIANT Liv Man CADEX GIANT GROUP#13Key growth drivers E-bike Liv Gear € GIANT | GIANT Liv momentum CADEX GIANT GROUP GROUP 21#14E-Bike Business Intelligent Support Natural Feeling Efficiency 131234 € GIANT | GIANT Liv momentum CADEX GROUP SMART ASSIST TECHNOLOGY GIANT GROUP#15Algorithm, structure by GIANT GIA GR One & only GINT Collaborated with YAMAHA Drive Unit Module Protocol + Cycling Science Designed by GIANT Smart User GIANT- Sensor Interface system Module Module AVE 0.0 MAX Energy Pack Module Co-designed with Panasonic um CADEX GIANT GROUP#16E BIKE QTY('000) OB OB-CN OE ■ TOTAL 500 582 627 712 400 365 357 317 240 55 44 80 62 70 257 80 218 163 113 80 2017 2018 2019 2020 2021(F) © GIANT | GIANT Liv momentum CADEX GROUP OB OB non China Sales OB-CN=OB Sales in China OE=OEM Business GIANT GROUP#17Liv Business World's first female dedicated cycling 2020Y grow 30% 2020Y at 7% of group sales Targeted at 10% of group sales LA © GIANT | GIANT Liv momentum CADEX GROUP CGIANT GROUP#18CADEX ROAD WHEELSYSTEMS CADEX CADEX BOOST SADDLE © GIANT | GIANT Liv momentum CADEX GROUP CADEX AERO RACE WHEELSYSTEM GIANT GROUP 29#19Change to future GIANT GIANT Lív miru CADEX Brave Nav GIAN I GROUP 1#20Commitment to ESG- What we keep to do E S G • · Main products is green product- Zero carbon emission with bikes/bikes Improve manufacturing facility in China/Taiwan- waste process and reduce hazard air pollution Employee policy-Human right Vendor review Product warranty program Youbike system (bike sharing in TW/CN) Independent directors Audit Committee/Compensation Committee • Female directors • Integrity and Ethic policy SoaNT | 5GIA GROUP GIANT GROUP#21Commitment to ESG- New Goal E S G • ● Renewable Energy Eco package Employee diversity Supply chain management Cycling culture museum Directors candidates nomination system English Material Information • Corporate Secretary nomination © GIANT | GIANT Liv momentum CADEX GROUP ESG report In 2023 GIANT GROUP#22Hungary plant - 1st shipment in July 2020 Aim at 200,000 bikes in 2021 GIANT GROUP ●GIANT GROUP#23Supply chain-Close to market Europe China TW € GIANT | GIANT Liv momentum CADEX ●GIANT GROUP GROUP 12#24Invest to step further Automation Environment Distribution Center in NL & TW TW new warehouse undergoing © GIANT | GIANT Liv momentum CADEX GROUP XXX PRODUCTION INVENTORY FINANCIALS ERP SALES SERVICE RE HUMAN RESOURCES MAP CRM PURCHASING CGIANT GROUP 12#25Transforming Trend Setter ULTEGRA Power meter (IoT) € GIANT | GIANT Liv momentum CADEX GROUP Quick react to market Provide what consumers want GIANT GROUP 12#26F10 + Retail network O+0 Create consumer experience through integration online and offline Insert } [ ] 典 Onlineshop Delete RIDE Shift © GIANT | GIANT Liv momentum CADEX GROUP GIANT GROUP 16#27Cycling Everywhere 8.4 0.0% 4A 3:48 200w 102 Welcome to the Ride like King Group Ride. € GIANT | GIANT Liv momentum CADEX GROUP 31 91 GUNIT CYCLOSKET GIANT GROUP 12#28Welcome to Giant Cycling World.#29APPENDIX © GIANT | GIANT Liv momentum CADEX GROUP ●GIANT GROUP#302015-2020 Financial Highlights (NT$M) 2015 2016 2017 2018 2019 2020 Sales Revenue 60,418 57,093 55,211 60,239 63,450 70,010 Gross Margin (%) 22.2 20.7 20.0 20.7 21.5 23.1 Operating Income 4,856 3,777 2,950 3,904 4,734 6,858 Net Income After 3,843 3,065 2,054 2,864 3,375 4,949 Tax EPS (NT$) 10.25 8.17 5.48 7.64 9.00 13.19 Cash Div. (NT$) 6.2 5 3.5 4.6 4.6 8 € GIANT | GIANT Liv momentum CADEX GROUP GIANT NTD Million, unless stated otherwise GROUP#31PRODUCTION BASES 8 PRODUCTION PLANTS Hungary GCT GCM GCK GLM Global Sales Companies 14 GUK GV GB 1989 GF GG GU GW 1987 GIT GM 2011 € GIANT | GIANT Liv momentum CADEX GROUP TW GEV 1994 2009 GKR 1989 GJ GC 1981 GT 1980S GA 1989 GIANT GROUP#32Disclaimer This presentation may contain may contain information and statements of a forward-looking nature concerning the future performance. These are based on assumptions and uncertainties as well as on management's best possible evaluation of future events. Any forward looking statements are subject to risks, uncertainties and assumptions and speak only as of the date they are made. Our results could differ materially from those anticipated in any forward-looking statements. GIANT LOND GIANT Liv MINIMM CADEX GIANT GROUP