HTC REPORTS FIRST QUARTER 2022 RESULTS

Taipei, Taiwan - May 3, 2022 - HTC Corporation (TWSE: 2498), a global leader in innovation and design, today announced consolidated results for fiscal 2022 first quarter ended March 31, 2022.

1Q22 Financial Highlights

  • Quarterly revenue of NT$1.10 billion with a gross margin of 37.8%, up 4.1% sequentially.

  • Quarterly operating loss of NT$1.04 billion with an operating margin of -94.6%.

  • Quarterly net loss attributable to owners of the parent was NT$0.76 billion, or an EPS of -NT$0.92.

1Q22 Business Update

  • • At MWC 2022 HTC announced VIVERSE, a "world within the metaverse; an immersive, boundless universe of fantastic new experiences, and a seamless gateway to other universes in collaboration with our partners from the time you wake up in the morning until the time you go to sleep at night."

    VIVE Connect and VIVE Guardian were announced as part of VIVERSE.

  • HTC VIVE received two awards for innovation: the 2022 CES Innovation Award for VIVE Pro 2, and Fast Company's Most Innovative Company Award.

  • HTC VIVE launched VIVE Wrist Tracker, the first inside-out tracker for VIVE Focus 3, at CES 2022. VIVE Wrist Tracker delivers accurate tracking for occluded objects, hand-to-elbow tracking in VR, and allows for the potential to bring real-world objects into VR environments.

  • At MWC 2022 HTC announced its Reign Core private 5G solution, which will enable businesses to deploy VR headsets at scale while still maintaining low latency and high-quality visuals.

  • In Q1 2022, VIVE Flow was chosen as the VR hardware launch partner for holoride. Live demos at MWC and SXSW allowed guests to experience holoride's software on VIVE Flow in Audi cars.

  • At SXSW 2022, MyndVR and HTC VIVE jointly announced MyndConnect, a new platform for grandparents and grandchildren to connect and share experiences remotely on both VIVE Flow and VIVE Focus 3.

  • In partnership with XRHealth, HTC shared a booth at the HIMSS Global Health Conference and Exhibition and unveiled the new Flow Health and Focus 3 Health telehealth solutions. XRHealth participated in an exhibit presentation that discussed the two new platforms and how XRHealth is partnering with HTC VIVE to provide hospitals, patients and rehabilitation centers access to critical telehealth tools.

- Ends -

Quarterly Results Information

HTC investor information may be accessed at:https://investors.htc.com/en/

About HTC

HTC Corporation is a global technology innovator delivering award-winning products and industry firsts since 1997. The company creates inspiring products and experiences through a strong line of mobile solutions, connected devices, and VIVE virtual reality (VR) hardware and ecosystem.

HTC offers a diverse portfolio of mobile and VR hardware, software, and content that transforms the way consumers and businesses see and interact with the world and beyond. HTC is listed on the Taiwan Stock Exchange (TWSE: 2498). For more information, please visitwww.htc.com.

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HTC and the HTC logo are trademarks of HTC Corporation. All other names of companies and products mentioned herein may be trademarks of their respective owners.

IR / Finance & Accounting Division

Melinda Wu

Email:melinda_wu@htc.com Tel: +886-3-375-3252 Ext. 33127

Disclaimer:

This press release contains forwardlooking statements which may include projections of future results of operations, financial condition or business prospects based on our own information and other sources. Our actual results of operations, financial condition or business prospects may differ from those expressed or implied in these forwardlooking statements for a variety of reasons, including but not limited to market demand, price fluctuations, competition, international economic conditions, supply chain issues, exchange rate fluctuations and other risks and factors beyond our control. The forwardlooking statements in this release reflect the current belief of HTC as of the date of this release. HTC undertakes no obligation to update these forwardlooking statements for events or circumstances that occur subsequent to such date.

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HTC Corporation published this content on 03 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2022 03:32:05 UTC.