Dividend Update (May 28, 2021)

• 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., 2021 dividend payouts in July is for fiscal year 2020.
• On May 28 2021, the Company’s Board of Directors declared an annual cash dividend of 27.2 cents per ADS, equivalent to 13.6 cents per ordinary share, for the year of 2020. The dividend will be paid out on July 12 2021. This year’s dividend represents a payout ratio of 100% based on our fiscal year 2020 profit. Our strong revenue and earnings growth during 2020 allowed us to increase our dividend payout ratio demonstrating our ongoing commitment to delivering shareholder value. The high dividend payout ratio also reflects the confidence we have in our ability to execute on our strategic growth initiatives, strong financial position and 2021 outlook. We are pleased to be able to reward shareholders for their ongoing support while continuing to invest in the development of leading technologies to enhance future growth.
• Himax’s dividend decision is compliant with the Company’s Dividend policy disclosed in its Form 20-F for the year ended December 31, 2020 filed with SEC in March 2021.