*The data for 2015 does not include the results from J-Devices

**Advanced products include flip chip and wafer-level processing and related test services

***Mainstream products include wirebond packaging and related test services

AMKOR TECHNOLOGY, INC.

Selected Operating Data

In the press release above we provide EBITDA, which is not defined by U.S. GAAP. We define EBITDA as net income before interest expense, income tax expense and depreciation and amortization. We believe EBITDA to be relevant and useful information to our investors because it provides additional information in assessing our financial operating results. Our management uses EBITDA in evaluating our operating performance, our ability to service debt and our ability to fund capital expenditures. However, EBITDA has certain limitations in that it does not reflect the impact of certain expenses on our consolidated statements of income, including interest expense, which is a necessary element of our costs because we have borrowed money in order to finance our operations, income tax expense, which is a necessary element of our costs because taxes are imposed by law, and depreciation and amortization, which is a necessary element of our costs because we use capital assets to generate income. EBITDA should be considered in addition to, and not as a substitute for, or superior to, operating income, net income or other measures of financial performance prepared in accordance with U.S. GAAP. Furthermore our definition of EBITDA may not be comparable to similarly titled measures reported by other companies. Below is our reconciliation of EBITDA to U.S. GAAP net income.

Non-GAAP Financial Measure Reconciliation:
				Q3 2016					Q2 2016					Q3 2015
				(in millions)
EBITDA Data:
Net income attributable to Amkor				$	60				$	5				$	28
Plus: Interest expense				23					22					19
Plus: Income tax expense				24					3					17
Plus: Depreciation & amortization				141					138					123
EBITDA				$	248				$	168				$	187

AMKOR TECHNOLOGY, INC.
CONSOLIDATED STATEMENTS OF INCOME
(Unaudited)
				For the Three Months Ended September 30,										For the Nine Months Ended September 30,
				2016					2015					2016					2015
				(In thousands, except per share data)
Net sales				$	1,086,014				$	734,362				$	2,872,022				$	2,213,959
Cost of sales				872,214					607,762					2,403,732					1,837,314
Gross profit				213,800					126,600					468,290					376,645
Selling, general and administrative				72,363					54,232					216,894					173,609
Research and development				26,822					21,073					84,145					59,119
Total operating expenses				99,185					75,305					301,039					232,728
Operating income				114,615					51,295					167,251					143,917
Interest expense				21,488					17,695					58,496					64,317
Interest expense, related party				1,243					1,243					3,727					3,727
Other (income) expense, net				6,657					(11,576		)			9,607					(4,784		)
Total other expense, net				29,388					7,362					71,830					63,260
Income before taxes and equity in earnings of unconsolidated affiliate				85,227					43,933					95,421					80,657
Income tax expense				24,086					16,568					29,319					27,198
Income before equity in earnings of unconsolidated affiliate				61,141					27,365					66,102					53,459
Equity in earnings of J-Devices				—					1,217					—					10,587
Net income				61,141					28,582					66,102					64,046
Net income attributable to non-controlling interests				(1,052		)			(847		)			(2,175		)			(2,386		)
Net income attributable to Amkor				$	60,089				$	27,735				$	63,927				$	61,660
Net income attributable to Amkor per common share:
Basic				$	0.25				$	0.12				$	0.27				$	0.26
Diluted				$	0.25				$	0.12				$	0.27				$	0.26
Shares used in computing per common share amounts:
Basic				237,353					236,888					237,157					236,813
Diluted				238,192					236,974					237,586					237,168

AMKOR TECHNOLOGY, INC.
CONSOLIDATED BALANCE SHEETS
(Unaudited)
				September 30, 2016					December 31, 2015
				(In thousands)
ASSETS
Current assets:
Cash and cash equivalents				$	549,836				$	523,172
Restricted cash				2,000					2,000
Accounts receivable, net of allowances				630,984					526,143
Inventories				272,589					238,205
Other current assets				31,637					27,960
Total current assets				1,487,046					1,317,480
Property, plant and equipment, net				2,619,469					2,579,017
Goodwill				27,908					23,409
Restricted cash				4,209					2,176
Other assets				102,482					104,346
Total assets				$	4,241,114				$	4,026,428
LIABILITIES AND EQUITY
Current liabilities:
Short-term borrowings and current portion of long-term debt				$	30,834				$	76,770
Trade accounts payable				517,745					434,222
Capital expenditures payable				179,768					242,980
Accrued expenses				346,613					264,212
Total current liabilities				1,074,960					1,018,184
Long-term debt				1,473,214					1,435,269
Long-term debt, related party				75,000					75,000
Pension and severance obligations				191,615					167,197
Other non-current liabilities				86,265					113,242
Total liabilities				2,901,054					2,808,892
Stockholders’ equity:
Preferred stock				—					—
Common stock				283					283
Additional paid-in capital				1,888,641					1,883,592
Accumulated deficit				(403,820		)			(467,747		)
Accumulated other comprehensive income (loss)				50,148					(2,084		)
Treasury stock				(214,204		)			(213,758		)
Total Amkor stockholders’ equity				1,321,048					1,200,286
Non-controlling interests in subsidiaries				19,012					17,250
Total equity				1,340,060					1,217,536
Total liabilities and equity				$	4,241,114				$	4,026,428

AMKOR TECHNOLOGY, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
				For the Nine Months Ended September 30,
				2016					2015
				(In thousands)
Cash flows from operating activities:
Net income				$	66,102				$	64,046
Depreciation and amortization				416,517					371,968
Loss on debt retirement				—					9,560
Other operating activities and non-cash items				(4,382		)			(9,879		)
Changes in assets and liabilities				13,379					(5,299		)
Net cash provided by operating activities				491,616					430,396
Cash flows from investing activities:
Payments for property, plant and equipment				(481,670		)			(352,644		)
Proceeds from sale of property, plant and equipment				13,687					5,212
Cash received on sale of subsidiary to J-Devices, net				—					8,355
Investment in J-Devices				—					(12,908		)
Other investing activities				(2,176		)			(869		)
Net cash used in investing activities				(470,159		)			(352,854		)
Cash flows from financing activities:
Borrowings under revolving credit facilities				115,000					180,000
Payments under revolving credit facilities				(155,000		)			(100,000		)
Borrowings under short-term debt				27,594					—
Payments of short-term debt				(36,211		)			—
Proceeds from issuance of long-term debt				45,000					360,000
Payments of long-term debt				(12,955		)			(530,000		)
Payments for debt issuance costs				(156		)			—
Payments for the retirement of debt				—					(7,030		)
Payments for capital lease obligations				(1,691		)			—
Proceeds from the issuance of stock through share-based compensation plans				2,600					657
Payments of tax withholding for restricted shares				(446		)			(548		)
Payments of subsidiary dividends to non-controlling interests				(413		)			(123		)
Net cash used in financing activities				(16,678		)			(97,044		)
Effect of exchange rate fluctuations on cash and cash equivalents				21,885					—
Net increase (decrease) in cash and cash equivalents				26,664					(19,502		)
Cash and cash equivalents, beginning of period				523,172					449,946
Cash and cash equivalents, end of period				$	549,836				$	430,444

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