company fact sheet 4q 2020 - ir.siliconmotion.com

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2020 2019 * 1. Non-GAAP 2. Excludes FCI in 2018 and 2019 * Excludes FCI in 2018 and 2019 Sales Mix Revenue* EPS* $449m $3.24 $540m SSD Controllers 15% CAGR 23% CAGR SSD Solutions eMMC+UFS Controllers 2010 2020 2010 2020 10% 50-60% 20-25% $540m 10-15% 50-60% 25-30% Director of IR & Strategy E-mail: [email protected] Chris Chaney Investor Relations E-mail: [email protected] Selina Hsieh Investor Contacts Quick Facts Founded IPO NasdaqGS Employees 1995 2005 SIMO 1,323 (2020 year-end) Key Products Client SSD controllers — global merchant leader eMMC & UFS controllers — global merchant leader Customized specialty SSD solutions — global leader . . . Silicon Motion Technology Corporation (NasdaqGS: SIMO) is the global leader in developing NAND flash controllers for SSDs and other solid state storage devices. We have over 20 years of experience developing specialized processor ICs that manage NAND components and deliver market leading, high-performance storage solutions widely used in data centers, PCs, smartphones and commercial and industrial applications. We have one of the broadest portfolios of controller intellectual properties developed from our deep understanding of NAND characteristics, which enables us to design both unique, highly optimized configurable IC plus related firmware controller platforms and complete turnkey controller solutions. In the last ten years, we have shipped over six billion controllers, more than any other company in the world. More NAND flash components, including current and up-coming generations of 3D flash produced by Intel, Kioxia, Micron, Samsung, SK Hynix, Western Digital and YMTC, are supported by Silicon Motion controllers than any other company. Our customers include NAND flash makers, module makers, hyperscalers and OEMs. We are the world’s leading merchant supplier of SSD controllers used in PCs and other client devices and leading merchant supplier of eMMC/UFS controllers used in smartphones and IoT devices. We also leverage our controller expertise to supply custom-designed high-performance Open-Channel data center SSDs to China's leading hyperscalers and customized small single-chip form factor SSDs for industrial, commercial and automotive applications. We market our controllers under the “SMI” brand, enterprise-grade SSDs under the “Shannon Systems” brand and single-chip industrial-grade SSDs under the “Ferri SSD” and “Ferri-eMMC” brands. We were founded in 1995 in San Jose, California and now operate from corporate offices in Hong Kong, Taiwan and the US. Company Fact Sheet 4Q 2020

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Page 1: Company Fact Sheet 4Q 2020 - ir.siliconmotion.com

20202019

* 1. Non-GAAP2. Excludes FCI in 2018 and 2019

* Excludes FCI in 2018 and 2019

Sales Mix Revenue* EPS*

$449m$3.24

$540m

SSDControllers

15% CAGR 23% CAGRSSDSolutions

eMMC+UFSControllers

2010 2020 2010 2020

10%

50-60%

20-25%

$540m

10-15%

50-60%

25-30%

Director of IR & StrategyE-mail: [email protected]

Chris Chaney

Investor RelationsE-mail: [email protected]

Selina Hsieh

Investor Contacts

Quick Facts

Founded

IPO

NasdaqGS

Employees

1995

2005

SIMO

1,323 (2020 year-end)

Key Products

Client SSD controllers — global merchant leader

eMMC & UFS controllers — global merchant leader

Customized specialty SSD solutions — global leader

.

.

.

Silicon Motion Technology Corporation (NasdaqGS: SIMO) is the global leader in developing NAND flash controllers for SSDs and other solid state storage devices. We have over 20 years of experience developing specialized processor ICs that manage NAND components and deliver market leading, high-performance storage solutions widely used in data centers, PCs, smartphones and commercial and industrial applications. We have one of the broadest portfolios of controller intellectual properties developed from our deep understanding of NAND characteristics, which enables us to design both unique, highly optimized configurable IC plus related firmware controller platforms and complete turnkey controller solutions. In the last ten years, we have shipped over six billion controllers, more than any other company in the world. More NAND flash components, including current and up-coming generations of 3D flash produced by Intel, Kioxia, Micron, Samsung, SK Hynix, Western Digital and YMTC, are supported by Silicon Motion controllers than any other company. Our customers include NAND flash makers, module makers, hyperscalers and OEMs.

We are the world’s leading merchant supplier of SSD controllers used in PCs and other client devices and leading merchant supplier of eMMC/UFS controllers used in smartphones and IoT devices.

We also leverage our controller expertise to supply custom-designed high-performance Open-Channel data center SSDs to China's leading hyperscalers and customized small single-chip form factor SSDs for industrial, commercial and automotive applications.

We market our controllers under the “SMI” brand, enterprise-grade SSDs under the “Shannon Systems” brand and single-chip industrial-grade SSDs under the “Ferri SSD” and “Ferri-eMMC” brands.

We were founded in 1995 in San Jose, California and now operate from corporate offices in Hong Kong, Taiwan and the US.

Company Fact Sheet4Q 2020

Page 2: Company Fact Sheet 4Q 2020 - ir.siliconmotion.com

Revenue*( $m )

Earnings per ADS*( $ )

Margins*( % of Revenue )

Cash Balance*( $m )

4Q 20203Q 20202Q 20201Q 20204Q 2019

4Q 20203Q 20202Q 20201Q 2020

4Q 20203Q 20202Q 20201Q 2020

4Q 20203Q 20202Q 20201Q 20204Q 2019* Non-GAAP

0.96

Gross Margin

Operation Margin

50%

30%

20%

350

153

4Q 2019* Non-GAAP

4Q 2019* Non-GAAP

* Cash, cash equivalents, restricted cash and short-term investments

Craig A. Ellis

Simon Dong-je Woo

Karl Ackerman

Anthony J. Stoss

Gokul Hariharan

Weston Twigg

Ray Wu

Rajvindra S. Gill

Donnie Teng

Suji Desilva

Mehdi Hosseini

Matthew Bryson

Firm Analyst

Analyst Coverage

B. Riley Securities

Bank of America Merrill Lynch

Cowen & Co

Craig-Hallum Capital Group LLC

J.P. Morgan

KeyBanc Capital Markets

Morgan Stanley

Needham & Company, LLC

Nomura International Limited

Roth Capital Partners

Susquehanna Financial Group, LLLP

Wedbush Securities

This fact sheet contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, without limitation, statements regarding trends in the multime-dia consumer electronics market, our potential growth in new markets and our future results of operations, financial condition and business prospects. Although such statements are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on them. These statements involve risks and uncertainties, and actual market trends or our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied in these forward looking statements for a variety of reasons.

Safe Harbor Statement

Corporate Offices

Unit B, 16/F, Centre 600, 82 King Lam St, Cheung Sha Wan, Kowloon, Hong Kong

8/F, #36 Taiyuan St., Jhubei, Hsinchu 30265, Taiwan

690 N. McCarthy Blvd. Suite 200, Milpitas, CA 95035, USA

133

0.80

372 380

0.81

137126

0.760.86

368 369

144

Company Fact Sheet4Q 2020