TAIPEI,March 13,2025 -- Acer Inc. (TWSE: 2353) announced its financial results for the fourth quarter of 2024 and fiscal 2024 ended December 31. In the fourth quarter,Acer reported consolidated revenues of NT$66.02 billion,gross profits of NT$6.95 billion with 10.5% margin,operating income of NT$1.02 billion with 1.6% margin,and net income [1] of NT$1.43 billion with earning-per-share (EPS) of NT$0.47.

For the full year of 2024,consolidated revenues reached NT$264.68 billion,gross profits of NT$28.00 billion with 10.6% margin,operating income was NT$4.88 billionwith 15.4% growth year-on-yearand 1.8% margin,and net income [1] was NT$5.54 billion with earning-per-share (EPS) of NT$1.84.

Acer's strategy to build multiple business engines continued to make progress,reaching a total of 13 public subsidiaries by the end of 2024. Businesses other than personal computers [2] and displays contributed 37.4% of the operating incomeand 28.3% of the revenuesin 2024.

The Board has approved a cash dividend of NT$1.7 per share,based on ex-dividend record date of June 26for distribution on July 24.

[1] Net income is reported as profit-after-tax in Acer's financial statements

[2] Personal computers business includes desktop and notebooks

About Acer

Founded in 1976,Acer is one of the world's top technology companies with a presence in more than 160 countries. The company continues to evolve by embracing innovation across its offerings,which include computers and displays,while branching out to new businesses. Acer is also committed to sustainable growth,exploring new opportunities that align with its environmental and social responsibilities. The Acer Group employs over 8,000 employees that contribute to the research,design,marketing,sales and support of products,solutions,and services that break barriers between people and technology. Visit www.acer.comfor more information.

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