Dividend Update (May 11, 2023)

• Himax typically pays out its annual cash dividend at approximately the middle of its current calendar year based on the Company’s prior year’s profitability, e.g., 2023 dividend payouts in July is for fiscal year 2022.
• On May 11 2023, the Company’s Board of Directors declared an annual cash dividend of 48.0 cents per ADS, equivalent to 24.0 cents per ordinary share, for the year of 2022. The dividend will be paid out on July 12 2023. This year’s dividend represents a payout ratio of 35.4% based on our fiscal year 2022 profit. The Company has decided on the relatively low payout ratio in the light of prevailing macroeconomic uncertainty. We are grateful for the continued support of our shareholders as we continue to execute on our business objectives and strive to deliver sustainable long-term growth while maintaining a healthy balance sheet.
• Himax’s dividend decision is compliant with the Company’s Dividend policy disclosed in its Form 20-F for the year ended December 31, 2022 filed with SEC in April 2023.