Date:Apr 10,2017

TWM announced March consolidated revenue of NT$9.55bn. EBITDA was NT$2.80bn with an operating income of NT$1.68bn and net income of NT$1.28bn. EPS was NT$0.48. For the first three months of 2017, TWM reported a consolidated revenue of NT$28.84bn, an EBITDA of NT$8.44bn, an operating income of NT$5.07bn and a net income of NT$3.96bn. EPS for the first three months was NT$1.46.

Rosie Yu, Chief Financial Officer and Spokesperson of TWM, stated that, even though revenue growth was constrained by market competition, TWM managed to increase its 1Q17 operating profit and net income by 1% and 5%, respectively, over the same period of last year, credited to a disciplined opex. Overall, earnings per share reached 109% of its first quarter forecast, exceeding expectations.

Taiwan Mobile Consolidated Results (Unaudited)

NT$mn

Mar. 2017

Mar. 2016

Jan.-Mar. 2017

Jan.-Mar. 2016

Revenue

9,549

9,569

28,841

29,199

   Operating Revenue1

8,017

7,982

24,076

23,967

   Handset Sales Revenue

1,532

1,587

4,765

5,232

EBITDA

2,802

2,879

8,443

8,417

Operating income

1,676

1,739

5,074

5,005

Pre-tax income

1,613

1,595

4,903

4,769

Net income

1,282

1,267

3,961

3,773

EPS (NT$)

0.48

0.47

1.46

1.39

Note 1: Derived from deducting handset sales revenue from the total revenue