Advanced Substrate Technologies

[Virtual Presenter] Advanced Substrate Technologies welcomes you, pioneers in future technologies..

[Audio] The facility footprint of Advanced Substrate Technologies covers an area of approximately 67,747 square meters. The site is divided into several sections, each serving a specific purpose. The first floor features the shoe locker, laser room, and patterning room. The second floor includes the meeting area, guest meeting rooms, and training room. The third floor houses the staff lounge, canteen, rest area, multi-purpose room, and SR plasma room. The fourth floor is dedicated to office space, comprising the CEO room and board room..

[Audio] FC-BGA packages are made of ceramic substrate or organic laminate. They can be configured as bare die, with a flat lid, or with a full lid. These packages are assembled on either a two-metal layer or a multi-layered substrate or laminate. FC-BGA packages are widely used in various consumer electronic products such as game consoles, graphics and chipsets for PCs, servers, microprocessors for PCs and servers, and memory modules. Additionally, they find extensive use in telecommunications, including network products, transmission equipment, switching devices, and cellular base stations. AST plans to mass-produce 70000 units per month starting in December 2026. The structure of FCBGA consists of build-up layer, core layer, build-up layer, solder resist, via fill resin, ball pad, FC bump, semiconductor chip side, and mother board side. The manufacturing process involves core process, build-up processing, outer layer process, expose a circuit pattern to directly form circuit with copper plating, repeat this treatment and laminate, apply solder resist, place solder bumps, cut into each piece, inspect appearance and electric characteristics..

[Audio] Our Board of Directors consists of Mr. Tetsuro Ueki, Senior Managing Executive Officer from Toppan, Mr. Kazunori Katsumura and Mr. Akihiko Furuya, both Executive Officers from Toppan, and Mr. Dilip Panikath Vijay, Vice President from Broadcom Inc., and Ms. Ching Lee Kian, Clarissa, Director at Broadcom Inc. They are experts in their respective fields and are dedicated to driving the company forward with their knowledge and experience..

[Audio] Please note that the provided information is from Slide 4, Slide 5, Slide 11, and Slide 8. The rewritten text is based on the given information..

[Audio] Advanced Substrate Technologies is pioneering future technologies by manufacturing high-end FC-BGA substrates in Singapore for advanced semiconductor products. We are shaping the future of technology with cutting-edge innovations, aiming to become the global leader in semiconductor innovation. As a Singapore-based subsidiary of TOPPAN Holdings Inc., we are leveraging their expertise in printing technologies and supplying high-quality FC-BGA substrates. Broadcom Inc., a global leader in infrastructure technology, is also supporting our development, enabling us to produce high-end FC-BGA substrates for bleeding-edge semiconductor products like network switches and AI/ML devices. Our factory will utilize state-of-the-art factory automation to ensure the highest quality and yield..

[Audio] Our vision is to pioneer the manufacturing of high-end FC-BGA substrates in Singapore for advanced semiconductor products, shaping the future of technology with cutting-edge innovations. We aim to become the global leader in semiconductor innovation, driving technological advancements that empower our customers and transform industries. Our mission is to deliver cutting-edge semiconductor FC-BGA solutions that enable our customers to innovate and succeed in a rapidly evolving technological landscape. We strive to pioneer breakthrough semiconductor technologies in FC-BGA that enhance connectivity, efficiency, and sustainability across global industries. We lead the semiconductor FC-BGA industry with innovative products and solutions that drive performance, reliability, and differentiation for our customers. We continuously push the boundaries of FC-BGA design and manufacturing, delivering superior products that transform how the world connects and communicates. By empowering global progress through innovation, we drive advancements that shape the future of technology and improve lives worldwide..

[Audio] Our core values are the foundation of our culture, guiding our decisions and actions every day. We prioritize innovation, pushing beyond the status quo with bold and progressive ideas. We strive for quality, prioritizing customer satisfaction through excellence in products, services, and processes. An inclusive environment is essential, where all employees are respected, valued, and empowered to contribute based on their unique experiences and opinions. Collaboration is key, fostering open communication, teamwork across departments, teams, and individuals. These values enable us to grow and thrive as a company..

[Audio] We act honestly and with integrity, handling conflicts of interest ethically. We protect the company's assets and opportunities by following all relevant laws and regulations. Clear, accurate, and timely information about the company and its finances is provided. Any legal or code violations are reported promptly. Fair procedures ensure accountability for code compliance, and confidentiality is maintained. Those who report questionable behavior are protected. Confidential information remains secure..

[Audio] Our company recognizes the importance of environmental, social, and governance factors in our business operations and long-term sustainability. We strive to conduct business responsibly and sustainably, taking into account the impact of our activities on the environment, society, and corporate governance. This commitment is reflected in our ESG framework, which guides our decision-making and actions. We are also dedicated to fostering a diverse, equitable, and inclusive workplace where all employees feel valued, respected, and empowered to contribute their unique perspectives and talents. Our DEI policy promotes diversity, equity, and inclusion across all aspects of our organization, ensuring that everyone has the opportunity to thrive and reach their full potential..

[Audio] Our corporate font, ARIAL, emphasizes the importance of adhering to our guidelines and job title format in maintaining consistency and professionalism across all our communications. This font plays a vital role in reinforcing our brand identity and ensuring clarity in our messaging. By using this designated font, we maintain uniformity and enhance the visual appeal of our materials. Additionally, our job title format, structured as "Job Function, Job Level", helps maintain clarity and aligns with our corporate standards. We kindly request that everyone follows these guidelines in all documents and presentations..

[Audio] Our organization structure is designed to facilitate smooth communication and collaboration among teams. At the top, we have our CEO, Iida Yoshiyuki, who oversees the entire operation. Directly reporting to the CEO are three managers responsible for Quality Assurance, Research and Development, and Information Technology respectively. We also have a Human Resources manager, Shirley Siew, who handles all personnel-related matters. Furthermore, we have four managers responsible for Production Control, Equipment Engineering, Customer Service, and Process Engineering. Each of these managers has a team of engineers and staff working under them. Our COO, Hiroshi Tatsukawa, and CFO, Yuki Takao, provide strategic guidance and financial oversight respectively. With this structure, we strive to achieve efficiency, productivity, and innovation in our operations..

[Audio] All employees are classified into three categories: Non-Exempt, Exempt, and Exempt Managerial. Non-Exempt refers to workers performing manual labor, earning a monthly basic salary of $4,500 or less, who fall under the Employment Act. Exempt employees, on the other hand, are those who do not perform manual labor and earn a monthly basic salary of $2,601 or more, exempt from the Employment Act. However, there are exceptions; Exempt employees earning a monthly basic salary of $2,600 or less will still be covered under the Employment Act. Finally, Exempt Managerial employees are those who are neither workers nor covered by the Employment Act..