Date:Aug 10,2017

TWM announced July consolidated revenue of NT$9.42bn. EBITDA was NT$2.78bn with an operating income of NT$1.64bn and net income of NT$1.3bn. EPS was NT$0.48. For the first seven months of 2017, TWM reported a consolidated revenue of NT$66.06bn, an EBITDA of NT$19.52bn, an operating income of NT$11.61bn and a net income of NT$9.09bn. EPS for the first seven months was NT$3.34.

Rosie Yu, Chief Financial Officer and Spokesperson of TWM, stated that, in July, increases in momo’s B2C segment and the enterprise telecom business, stringent cost control and enhanced revenues resulting from the continued promotion of value-added services offset a reduction in domestic roaming revenue. Had domestic roaming revenue been excluded, EBITDA would have increased YoY. Overall, year-to-July EPS of NT$3.34 has reached 63% of its full-year forecast.

Taiwan Mobile Consolidated Results (Unaudited)

NT$mn

Jul. 2017

Jul. 2016

Jan.-Jul. 2017

Jan.-Jul. 2016

Revenue

9,417

9,385

66,061

67,026

   Operating Revenue1

8,013

7,988

55,859

55,761

   Handset Sales Revenue

1,403

1,397

10,202

11,265

EBITDA

2,784

2,889

19,523

20,030

Operating income

1,639

1,726

11,607

11,971

Pre-tax income

1,615

1,683

11,335

11,569

Net income

1,296

1,350

9,085

9,242

EPS (NT$)

0.48

0.50

3.34

3.40

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