ADLINK Technology Inc. and Subsidiaries

Consolidated Financial Statements for the
Nine Months Ended September 30, 2025 and 2024 and
Independent Auditors’ Review Report

Deloitte.

勤業眾信

勤業眾信聯合會計師事務所

110421 台北市信義區松仁路100號20樓

Deloitte & Touche

20F, Taipei Nan Shan Plaza

No. 100, Songren Rd.,

Xinyi Dist., Taipei 110421, Taiwan

Tel: +886 (2) 2725-9988

Fax: +886 (2) 4051-6888

www.deloitte.com.tw

INDEPENDENT AUDITORS' REVIEW REPORT

The Board of Directors and Shareholders
ADLINK Technology Inc.

Introduction

We have reviewed the accompanying consolidated balance sheets of ADLINK Technology Inc. and its subsidiaries (collectively, the "Group") as of September 30, 2025 and 2024, the related consolidated statements of comprehensive income for the three months ended September 30, 2025 and 2024 and for the nine months ended September 30, 2025 and 2024, the consolidated statements of changes in equity and cash flows for the nine months then ended, and the related notes to the consolidated financial statements, including material accounting policy information (collectively referred to as the "consolidated financial statements"). Management is responsible for the preparation and fair presentation of the consolidated financial statements in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and International Accounting Standard 34 "Interim Financial Reporting" endorsed and issued into effect by the Financial Supervisory Commission of the Republic of China. Our responsibility is to express a conclusion on the consolidated financial statements based on our reviews.

Scope of Review

Except as explained in the following paragraph, we conducted our reviews in accordance with the Standards on Review Engagements of the Republic of China 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity". A review of consolidated financial statements consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Basis for Qualified Conclusion

As disclosed in Note 11 to the consolidated financial statements, the financial statements of some non-significant subsidiaries included in the consolidated financial statements were not reviewed. As of September 30, 2025 and 2024, the combined total assets of these non-significant subsidiaries were NT$939,570 thousand and NT$1,008,563 thousand, respectively, representing 7% and 8% of the consolidated total assets, and the combined total liabilities of these non-significant subsidiaries were NT$327,464 thousand and NT$306,871 thousand, respectively, representing both 4% of the consolidated total liabilities. The amounts of unreviewed comprehensive income (loss) of these subsidiaries for the three months ended September 30, 2025 and 2024 were NT$1,888 thousand and NT$(27,360) thousand, respectively, representing 1% and (653%), respectively, of the consolidated total comprehensive income, and the amounts of unreviewed comprehensive loss of these subsidiaries for the nine months ended September 30, 2025 and 2024 were NT$(24,129) thousand and NT$(73,190) thousand, respectively, representing (20%) and 101%, respectively, of the consolidated total comprehensive income. In addition, as disclosed in Note 12 to the consolidated financial statements, the carrying amounts of investments accounted for using the

were NT$30,439 thousand and NT$81,359 thousand, respectively; the related shares of comprehensive loss of associates for the three months ended September 30, 2025 and 2024 were NT$5,851 thousand and NT$15,936 thousand, respectively; the related shares of comprehensive loss of associates for the nine months ended September 30, 2025 and 2024 were NT$30,762 thousand and NT$45,936 thousand, respectively. The amounts of these investments were calculated and disclosed on the basis of the unreviewed financial statements of the investees as of and for the same reporting periods as those of the Company. Further, as disclosed in Note 32 to the consolidated financial statements, other information on the Company's non-significant subsidiaries and other investees accounted for using the equity method was disclosed on the basis of the unreviewed financial statements as of and for the same reporting periods as those of the Company.

Qualified Conclusion

Based on our reviews, with the exception of the matter described in the preceding paragraph, nothing has come to our attention that caused us to believe that the accompanying consolidated financial statements do not present fairly, in all material respects, the consolidated financial position of the Group as of September 30, 2025 and 2024, its consolidated financial performance for the three months ended September 30, 2025 and 2024, and its consolidated financial performance and its consolidated cash flows for the nine months ended September 30, 2025 and 2024 in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and International Accounting Standard 34 "Interim Financial Reporting" endorsed and issued into effect by the Financial Supervisory Commission of the Republic of China.

The engagement partners on the reviews resulting in this independent auditors' review report are Chien-Liang Liu and Yi-Wen Wang.

Deloitte & Touche
Taipei, Taiwan
Republic of China

November 6, 2025

Notice to Readers

The accompanying consolidated financial statements are intended only to present the consolidated financial position, financial performance and cash flows in accordance with accounting principles and practices generally accepted in the Republic of China and not those of any other jurisdictions. The standards, procedures and practices to review such consolidated financial statements are those generally applied in the Republic of China.

For the convenience of readers, the independent auditors' review report and the accompanying consolidated financial statements have been translated into English from the original Chinese version prepared and used in the Republic of China. If there is any conflict between the English version and the original Chinese version or any difference in the interpretation of the two versions, the Chinese-language independent auditors' review report and consolidated financial statements shall prevail.

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(In Thousands of New Taiwan Dollars)

	September 30, 2025		December 31, 2024		September 30, 2024
	Amount	%	Amount	%	Amount	%
ASSETS
CURRENT ASSETS
Cash and cash equivalents (Note 6)	$ 2,213,155	17	$ 2,055,474	16	$ 1,762,542	15
Financial assets at fair value through profit or loss (Note 7)	119	-	-	-	47,766	-
Financial assets at amortized cost	25,407	-	41,724	-	42,161	-
Notes receivable (Note 9)	37,454	1	48,253	-	27,528	-
Trade receivables (Note 9)	2,224,833	17	2,248,555	18	1,784,440	15
Trade receivables from related parties (Note 28)	27,619	-	61,180	1	70,831	1
Other receivables (Note 28)	108,078	1	87,346	1	86,081	1
Current tax assets	5,129	-	3,656	-	3,872	-
Inventories (Note 10)	2,938,077	23	2,568,407	20	2,776,772	23
Prepayments (Note 28)	136,041	1	111,715	1	140,715	1
Other current assets	5,101	-	7,862	-	4,359	-
Total current assets	7,721,013	60	7,234,172	57	6,747,067	56
NON-CURRENT ASSETS
Financial assets at fair value through other comprehensive income (Note 8)	99,605	1	89,958	1	81,607	1
Investments accounted for using the equity method (Note 12)	30,439	-	82,517	1	81,359	-
Property, plant and equipment (Notes 13, 28 and 29)	4,013,451	31	4,164,344	33	4,160,097	34
Right-of-use assets (Note 14)	146,612	1	166,053	1	131,145	1
Investment properties (Notes 15 and 29)	225,295	2	229,008	2	230,246	2
Intangible assets (Notes 16 and 28)	309,303	2	341,229	3	342,169	3
Deferred tax assets	359,709	3	305,314	2	328,741	3
Prepayments for equipment	3,465	-	1,921	-	4,922	-
Refundable deposits	30,185	-	31,535	-	32,179	-
Other non-current assets	660	-	1,681	-	2,058	-
Total non-current assets	5,218,724	40	5,413,560	43	5,394,523	44
TOTAL	$ 12,939,737	100	$ 12,647,732	100	$ 12,141,590	100
LIABILITIES AND EQUITY
CURRENT LIABILITIES
Short-term borrowings (Note 17)	$ 1,628,837	13	$ 1,087,222	9	$ 1,447,925	12
Financial liabilities at fair value through profit or loss (Note 7)	10,303	-	1,518	-	40	-
Contract liabilities (Note 21)	227,487	2	196,558	1	210,587	2
Trade payables (Note 18)	1,691,337	13	1,612,390	13	1,204,873	10
Trade payables to related parties (Note 28)	2,187	-	14,362	-	11,542	-
Other payables (Notes 19 and 28)	704,972	5	825,403	6	701,971	6
Current tax liabilities	94,990	1	84,830	1	39,218	-
Provisions	63,215	-	74,027	1	77,087	1
Lease liabilities (Note 14)	37,732	-	39,751	-	36,665	-
Current portion of long-term borrowings (Note 17)	587,531	5	483,149	4	549,915	4
Other current liabilities	89,485	1	96,537	1	100,816	1
Total current liabilities	5,138,076	40	4,515,747	36	4,380,639	36
NON-CURRENT LIABILITIES
Long-term borrowings (Note 17)	2,316,153	18	2,575,178	20	2,480,527	21
Provisions	41,577	-	36,913	-	35,092	-
Deferred tax liabilities	14,210	-	12,281	-	13,368	-
Lease liabilities (Note 14)	71,789	1	83,635	1	50,765	1
Net defined benefit liabilities	16,417	-	16,534	-	23,688	-
Total non-current liabilities	2,460,146	19	2,724,541	21	2,603,440	22
Total liabilities	7,598,222	59	7,240,288	57	6,984,079	58
EQUITY ATTRIBUTABLE TO OWNERS OF THE COMPANY (Note 20)
Ordinary shares	2,175,953	17	2,174,973	17	2,174,973	18
Capital surplus	1,303,960	10	1,290,107	11	1,287,938	11
Retained earnings
Legal reserve	788,269	6	782,098	6	782,098	6
Special reserve	8,808	-	156,153	1	156,153	1
Unappropriated earnings	1,241,878	10	982,654	8	793,397	7
Total retained earnings	2,038,955	16	1,920,905	15	1,731,648	14
Other equity	(196,155)	(2)	(8,808)	-	(72,510)	(1)
Total equity attributable to owners of the Company	5,322,713	41	5,377,177	43	5,122,049	42
NON-CONTROLLING INTERESTS
	18,802	-	30,267	-	35,462	-
Total equity	5,341,515	41	5,407,444	43	5,157,511	42
TOTAL	$ 12,939,737	100	$ 12,647,732	100	$ 12,141,590	100

The accompanying notes are an integral part of the consolidated financial statements.

(With Deloitte & Touche review report dated November 6, 2025)

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(In Thousands of New Taiwan Dollars, Except (Loss) Earnings Per Share)

	For the Three Months Ended September 30				For the Nine Months Ended September 30
	2025		2024		2025		2024
	Amount	%	Amount	%	Amount	%	Amount	%
OPERATING REVENUE
(Notes 21 and 28)	$ 3,083,012	100	$ 2,432,740	100	$ 8,684,837	100	$ 7,008,086	100
OPERATING COSTS (Notes 10, 22 and 28)	1,951,392	63	1,482,780	61	5,609,688	65	4,337,969	62
GROSS PROFIT	1,131,620	37	949,960	39	3,075,149	35	2,670,117	38
UNREALIZED LOSS (GAIN)
ON TRANSACTIONS WITH
ASSOCIATES	-	-	221	-	-	-	(955)	-
REALIZED GAIN ON
TRANSACTIONS WITH
ASSOCIATES	-	-	-	-	763	-	-	-
REALIZED GROSS PROFIT	1,131,620	37	950,181	39	3,075,912	35	2,669,162	38
OPERATING EXPENSES
(Notes 22 and 28)
Selling and marketing	250,345	8	269,777	11	744,532	9	815,547	12
General and administrative	206,552	7	220,516	9	627,789	7	669,357	9
Research and development	412,614	13	417,023	17	1,252,214	14	1,269,052	18
Expected credit (gain) loss	(3,842)	-	878	-	(3,020)	-	(675)	-
Total operating expenses	865,669	28	908,194	37	2,621,515	30	2,753,281	39
PROFIT (LOSS) FROM
OPERATIONS	265,951	9	41,987	2	454,397	5	(84,119)	(1)
NON-OPERATING INCOME
AND EXPENSES (Notes 22 and 28)
Interest income	2,453	-	5,808	-	13,113	-	16,198	-
Other income	37,910	1	44,880	2	122,260	1	117,397	2
Other gains and losses	64,148	2	(19,532)	(1)	(73,946)	(1)	(132,309)	(2)
Finance costs	(24,321)	(1)	(26,804)	(1)	(71,669)	(1)	(77,508)	(1)
Share of loss of associates
(Note 12)	(5,851)	-	(15,936)	(1)	(30,762)	-	(45,936)	(1)
Total non-operating
income and expenses	74,339	2	(11,584)	(1)	(41,004)	(1)	(122,158)	(2)
PROFIT (LOSS) BEFORE
INCOME TAX	340,290	11	30,403	1	413,393	4	(206,277)	(3)
INCOME TAX EXPENSE
(BENEFIT) (Note 23)	60,226	2	227	-	92,324	1	(45,741)	(1)
NET PROFIT (LOSS) FOR THE
PERIOD	280,064	9	30,176	1	321,069	3	(160,536)	(2)

(Continued)

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(In Thousands of New Taiwan Dollars, Except (Loss) Earnings Per Share)

	For the Three Months Ended September 30				For the Nine Months Ended September 30
	2025		2024		2025		2024
	Amount	%	Amount	%	Amount	%	Amount	%
OTHER COMPREHENSIVE (LOSS) INCOME
Items that will not be reclassified subsequently to profit or loss:
Unrealized gain/(loss) on investments in equity instruments at fair value through other comprehensive income	$ 140	-	$ -	-	$ 140	-	$ -	-
Total items that will not be reclassified subsequently to profit or loss	140	-	-	-	140	-	-	-
Items that may be reclassified subsequently to profit or loss:
Exchange differences on translation of the financial statements of foreign operations (Note 20)	91,307	3	(32,934)	(1)	(248,557)	(3)	109,320	1
Income tax relating to items that may be reclassified subsequently to profit or loss (Notes 20 and 23)	(18,282)	(1)	6,945	-	49,463	1	(20,911)	-
Total Items that may be reclassified subsequently to profit or loss	73,025	2	(25,989)	(1)	(199,094)	(2)	88,409	1
Other comprehensive (loss) income for the period, net of income tax	73,165	2	(25,989)	(1)	(198,954)	(2)	88,409	1
TOTAL COMPREHENSIVE INCOME (LOSS) FOR THE PERIOD	$ 353,229	11	$ 4,187	-	$ 122,115	1	$(72,127)	(1)
NET PROFIT (LOSS) ATTRIBUTABLE TO:
Owners of the Company	$ 280,323	9	$ 39,572	2	$ 331,290	4	$(127,554)	(2)
Non-controlling interests	(259)	-	(9,396)	(1)	(10,221)	-	(32,982)	-
	$ 280,064	9	$ 30,176	1	$ 321,069	4	$(160,536)	(2)
TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO:
Owners of the Company	$ 353,595	11	$ 11,791	-	$ 133,580	1	$(43,911)	(1)
Non-controlling interests	(366)	-	(7,604)	-	(11,465)	-	(28,216)	-
	$ 353,229	11	$ 4,187	-	$ 122,115	1	$(72,127)	(1)
EARNINGS (LOSS) PER SHARE (Note 24)
Basic	$ 1.29		$ 0.18		$ 1.52		$ (0.59)
Diluted	$ 1.28		$ 0.18		$ 1.52		$ (0.59)

The accompanying notes are an integral part of the consolidated financial statements.

(With Deloitte & Touche review report dated November 6, 2025)

(Concluded)

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

(In Thousands of New Taiwan Dollars)

	Equity Attributable to Owners of the Company
	Ordinary Shares	Capital Surplus	Retained Earnings				Other Equity			Total Equity Attributable to Owners of the Company	Non-controlling Interests	Total Equity
			Legal Reserve	Special Reserve	Unappropriated Earnings	Total Retained Earnings	Unrealized Valuation Gain (Loss) on Financial Assets at Fair Value Through Other Comprehensive Income	Total Other Equity
BALANCE ON JANUARY 1, 2024	$ 2,174,973	$ 1,298,616	$ 748,708	$ 147,309	$ 1,180,683	$ 2,076,700	$ (163,734)	$ 7,581	$ (156,153)	$ 5,394,136	$ 63,678	$ 5,457,814
Appropriation of 2023 earnings
Legal reserve	-	-	33,390	-	(33,390)	-	-	-	-	-	-	-
Special reserve	-	-	-	8,844	(8,844)	-	-	-	-	-	-	-
Cash dividends - NT$1.0 per share	-	-	-	-	(217,498)	(217,498)	-	-	-	(217,498)	-	(217,498)
Compensation costs of share-based payments recognized by the Company	-	8,527	-	-	-	-	-	-	-	8,527	-	8,527
Changes in capital surplus from investments in associates accounted for using the equity method	-	(19,205)	-	-	-	-	-	-	-	(19,205)	-	(19,205)
Net loss for the nine months ended September 30, 2024	-	-	-	-	(127,554)	(127,554)	-	-	-	(127,554)	(32,982)	(160,536)
Other comprehensive income for the nine months ended September 30, 2024, net of income tax	-	-	-	-	-	-	83,643	-	83,643	83,643	4,766	88,409
Total comprehensive (loss) income for the nine months ended September 30, 2024	-	-	-	-	(127,554)	(127,554)	83,643	-	83,643	(43,911)	(28,216)	(72,127)
BALANCE ON SEPTEMBER 30, 2024	$ 2,174,973	$ 1,287,938	$ 782,098	$ 156,153	$ 793,397	$ 1,731,648	$ (80,091)	$ 7,581	$ (72,510)	$ 5,122,049	$ 35,462	$ 5,157,511
BALANCE ON JANUARY 1, 2025	$ 2,174,973	$ 1,290,107	$ 782,098	$ 156,153	$ 982,654	$ 1,920,905	$ (23,858)	$ 15,050	$ (8,808)	$ 5,377,177	$ 30,267	$ 5,407,444
Appropriation of 2024 earnings
Legal reserve	-	-	6,171	-	(6,171)	-	-	-	-	-	-	-
Reversal of special reserve	-	-	-	(147,345)	147,345	-	-	-	-	-	-	-
Cash dividend - NT$0.93 per share	-	-	-	-	(202,877)	(202,877)	-	-	-	(202,877)	-	(202,877)
Compensation costs of share-based payments recognized by the Company	-	26,566	-	-	-	-	-	-	-	26,566	-	26,566
Issuance of ordinary shares under employee share options	980	4,619	-	-	-	-	-	-	-	5,599	-	5,599
Changes in capital surplus from investments in associates accounted for using the equity method	-	(17,332)	-	-	-	-	-	-	-	(17,332)	-	(17,332)
Disposal of investments in equity instruments designated as at fair value through other comprehensive income	-	-	-	-	(10,363)	(10,363)	-	10,363	10,363	-	-	-
Net profit (loss) for the nine months ended September 30, 2025	-	-	-	-	331,290	331,290	-	-	-	331,290	(10,221)	321,069
Other comprehensive income (loss) for the nine months ended September 30, 2025, net of income tax	-	-	-	-	-	-	(197,850)	140	(197,710)	(197,710)	(1,244)	(198,954)
Total comprehensive income (loss) for the nine months ended September 30, 2025	-	-	-	-	331,290	331,290	(197,850)	140	(197,710)	133,580	(11,465)	122,115
BALANCE ON SEPTEMBER 30, 2025	$ 2,175,953	$ 1,303,960	$ 788,269	$ 8,808	$ 1,241,878	$ 2,038,955	$ (221,708)	$ 25,553	$ (196,155)	$ 5,322,713	$ 18,802	$ 5,341,515

The accompanying notes are an integral part of the consolidated financial statements.

(With Deloitte & Touche review report dated November 6, 2025)

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In Thousands of New Taiwan Dollars)

| | For the Nine Months Ended
September 30 | |
| --- | --- | --- |
| | 2025 | 2024 |
| CASH FLOWS FROM OPERATING ACTIVITIES | | |
| Income (loss) before income tax | $ 413,393 | $ (206,277) |
| Adjustments for: | | |
| Depreciation expense | 174,551 | 185,593 |
| Amortization expense | 59,798 | 60,441 |
| Expected credit (gain) loss recognized on trade receivables | (3,020) | (675) |
| Net loss on fair value changes of financial assets and liabilities at fair value through profit or loss | 8,666 | 2,965 |
| Finance costs | 71,669 | 77,508 |
| Interest income | (13,113) | (16,198) |
| Dividend income | (717) | (430) |
| Compensation costs of share-based payments | 26,566 | 8,527 |
| Share of loss of associates accounted for using the equity method | 30,762 | 45,936 |
| Loss (gain) on disposal of property, plant and equipment | 1,880 | (487) |
| Loss (gain) on disposal of intangible assets | 13 | (5) |
| Loss on disposal of investments accounted for using the equity method | 158 | - |
| Write-downs of inventories | 65,173 | 39,502 |
| Unrealized gain on transactions with associates | - | 955 |
| Realized gain on the transactions with associates | (763) | - |
| Net (gain) loss on foreign currency exchange | (16,667) | 7,356 |
| Gain on lease modifications | (56) | (59) |
| Loss on compensation | - | 116,038 |
| Changes in operating assets and liabilities | | |
| Notes receivable | 10,799 | 24,429 |
| Trade receivables | (69,451) | 458,292 |
| Trade receivables from related parties | 27,116 | (33,465) |
| Other receivables | (20,947) | (12,690) |
| Inventories | (429,195) | 336,645 |
| Prepayments | (29,866) | (81,197) |
| Other current assets | 2,761 | 29,360 |
| Other non-current assets | 1,021 | 432 |
| Contract liabilities | 30,929 | (38,600) |
| Trade payables | 134,240 | (65,306) |
| Trade payables to related parties | (11,696) | (1,702) |
| Other payables | (110,745) | (171,104) |
| Provisions | (6,148) | (6,737) |
| Other current liabilities | (7,052) | 6,914 |
| Net defined benefit liabilities | (117) | (398) |
| Cash generated from operations | 339,942 | 765,563 |
| Interest received | 13,113 | 16,198 |
| Interest paid | (73,444) | (77,833) |
| Income tax paid | (86,640) | (78,897) |
| Net cash generated from operating activities | 192,971 | 625,031 |
| | | (Continued) |

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In Thousands of New Taiwan Dollars)

| | For the Nine Months Ended
September 30 | |
| --- | --- | --- |
| | 2025 | 2024 |
| CASH FLOWS FROM INVESTING ACTIVITIES | | |
| Proceeds from financial assets at fair value through other comprehensive income | $ 140 | $ - |
| Purchase of financial assets at amortized cost | - | (15,821) |
| Proceeds from sale of financial assets at amortized cost | 15,530 | 8,272 |
| Purchase of financial assets at fair value through profit or loss | - | (45,131) |
| Proceeds from sale of financial assets at fair value through profit or loss | - | 3,235 |
| Acquisition of investments accounted for using the equity method | (11,879) | (12,688) |
| Payments for property, plant and equipment | (49,736) | (55,651) |
| Proceeds from disposal of property, plant and equipment | 41 | 2,730 |
| Decrease (increase) in refundable deposits | 1,350 | (3,467) |
| Payments for intangible assets | (41,610) | (62,201) |
| Proceeds from disposal of intangible assets | - | 29 |
| Increase in prepayments for equipment | (4,458) | (7,133) |
| Dividends received | 717 | 430 |
| Net cash used in investing activities | (89,905) | (187,396) |
| CASH FLOWS FROM FINANCING ACTIVITIES | | |
| Proceeds from short-term borrowings | 3,729,909 | 2,692,531 |
| Repayments of short-term borrowings | (3,203,239) | (2,712,906) |
| Proceeds from long-term borrowings | 200,000 | - |
| Repayments of long-term borrowings | (354,643) | (284,082) |
| Payments of the principal portion of lease liabilities | (32,995) | (32,214) |
| Cash dividends paid | (202,877) | (217,498) |
| 1. Proceeds from the exercise of employee stock options | 5,599 | - |
| Net cash generated from (used in) financing activities | 141,754 | (554,169) |
| EFFECTS OF EXCHANGE RATE CHANGES ON THE BALANCE OF CASH AND CASH EQUIVALENTS HELD IN FOREIGN CURRENCIES | (87,139) | 37,329 |
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 157,681 | (79,205) |
| CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD | 2,055,474 | 1,841,747 |
| CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD | $ 2,213,155 | $ 1,762,542 |

The accompanying notes are an integral part of the consolidated financial statements.

(With Deloitte & Touche review report dated November 6, 2025) (Concluded)

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2025 AND 2024 (In Thousands of New Taiwan Dollars, Unless Stated Otherwise)

1. GENERAL INFORMATION

ADLINK Technology Inc. (the "Company") was incorporated in the Republic of China (ROC) in August 1995. The Company mainly manufactures and sells hardware, software and peripheral devices of industrial computers.

The Company's shares were previously listed on the Taipei Exchange (TPEx) Mainboard from March 2002 until it became listed on the Taiwan Stock Exchange (TWSE) in November 2004.

AUO Corp held 32.84% of the voting rights on the Company as the largest and single shareholder of the Company. In June 2025, AUO Corp. participated in the Company's regular shareholders' meeting and obtained three directors and had the power to appoint Chairman of the Board of the board of directors after resolving the re-election of directors. AUO Corp. determined that they obtained control in substance over the Company and became the Company's parent company.

The consolidated financial statements of the Company and its subsidiaries, collectively referred to as the "Group", are presented in the Company's functional currency, the New Taiwan dollar.

2. APPROVAL OF FINANCIAL STATEMENTS

The consolidated financial statements were approved by the Company's board of directors on November 6, 2025.

3. APPLICATION OF NEW, AMENDED AND REVISED STANDARDS AND INTERPRETATIONS

a. Initial application of the amendments to the International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), IFRIC Interpretations (IFRIC), and SIC Interpretations (SIC) (collectively, the "IFRS Accounting Standards") endorsed and issued into effect by the Financial Supervisory Commission (FSC)

The initial application of the Amendments to IAS 21 "Lack of Exchangeability" did not have a material impact on the Group's accounting policies.

b. The IFRS Accounting Standards endorsed by the FSC for application starting from 2026

New, Amended and Revised Standards and Interpretations	Effective Date Announced by IASB
Amendments to IFRS 9 and IFRS 7 “Amendments to the Classification and Measurement of Financial Instruments”	January 1, 2026
Amendments to IFRS 9 and IFRS 7 “Contracts Referencing Nature-dependent Electricity”	January 1, 2026
Annual Improvements to IFRS Accounting Standards - Volume 11	January 1, 2026
IFRS 17 “Insurance Contracts” (including the 2020 and 2021 amendments to IFRS 17)	January 1, 2023

As of the date the consolidated financial statements were authorized for issue, the Group is continuously assessing the possible impact of the application of the amendments on the Group's financial position and financial performance and will disclose the relevant impact when the assessment is completed.

c. The IFRS Accounting Standards in issue but not yet endorsed and issued into effect by the FSC

New, Amended and Revised Standards and Interpretations	Effective Date Announced by IASB (Note 1)
Amendments to IFRS 10 and IAS 28 “Sale or Contribution of Assets between an Investor and its Associate or Joint Venture”	To be determined by IASB
IFRS 18 “Presentation and Disclosure in Financial Statements”	January 1, 2027 (Note 2)
IFRS 19 “Subsidiaries without Public Accountability: Disclosures” (including the 2025 amendments to IFRS 19)	January 1, 2027

Note 1: Unless stated otherwise, the above IFRS Accounting Standards are effective for annual reporting periods beginning on or after their respective effective dates.

Note 2: On September 25, 2025, the FSC announced that IFRS 18 will take effect starting from January 1, 2028. Domestic entities could elect to apply IFRS 18 for an earlier period after the endorsement of IFRS 18 by the FSC.

IFRS 18 “Presentation and Disclosure in Financial Statements”

IFRS 18 will supersede IAS 1 “Presentation of Financial Statements”. The main changes comprise:

Items of income and expenses included in the statement of profit or loss shall be classified into the operating, investing, financing, income taxes and discontinued operations categories.
The statement of profit or loss shall present totals and subtotals for operating profit or loss, profit or loss before financing and income taxes and profit or loss.
Provides guidance to enhance the requirements of aggregation and disaggregation: The Group shall identify the assets, liabilities, equity, income, expenses and cash flows that arise from individual transactions or other events and shall classify and aggregate them into groups based on shared characteristics, so as to result in the presentation in the primary financial statements of line items that have at least one similar characteristic. The Group shall disaggregate items with dissimilar characteristics in the primary financial statements and in the notes. The Group labels items as “other” only if it cannot find a more informative label.
Disclosures on Management-defined Performance Measures (MPMs): When in public communications outside financial statements and communicating to users of financial statements management’s view of an aspect of the financial performance of the Group as a whole, the Group shall disclose related information about its MPMs in a single note to the financial statements, including the description of such measures, calculations, reconciliations to the subtotal or total specified by IFRS Accounting Standards and the income tax and non-controlling interests effects of related reconciliation items.

Except for the above impact, as of the date the consolidated financial statements were authorized for issue, the Group is continuously assessing impacts of the above amended standards and interpretations on the Group's financial position and financial performance and will disclose the relevant impact when the assessment is completed.

10 -

4. SUMMARY OF MATERIAL ACCOUNTING POLICY INFORMATION

a. Statement of compliance

The interim consolidated financial statements have been prepared in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and IAS 34 “Interim Financial Reporting” as endorsed and issued into effect by the FSC. Disclosure information included in the interim consolidated financial statements is less than the disclosure information required in a complete set of annual consolidated financial statements.

b. Basis of preparation

The consolidated financial statements have been prepared on the historical cost basis except for financial instruments measured at fair value and net defined benefit liabilities which are measured at the present value of the defined benefit obligation less the fair value of plan assets.

The fair value measurements, which are grouped into Levels 1 to 3 based on the degree to which the fair value measurement inputs are observable and based on the significance of the inputs to the fair value measurement in its entirety, are described as follows:

1) Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities;
2) Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for an asset or liability, either directly (i.e., as prices) or indirectly (i.e., derived from prices); and
3) Level 3 inputs are unobservable inputs for an asset or liability.

c. Basis of consolidation

The basis of preparing the interim consolidated financial statements is consistent with the consolidated financial statements for the year ended December 31, 2024.

See Note 11 and Tables 7 and 8 for the detailed information on subsidiaries (including percentages of ownership and main businesses).

d. Other material accounting policies

Except for the following, please refer to the consolidated financial statements for the year ended December 31, 2024.

1) Retirement benefits

Pension cost for an interim period is calculated on a year-to-date basis by using the actuarially determined pension cost rate at the end of the prior financial year, adjusted for significant market fluctuations since that time and for significant plan amendments, settlements, or other significant one-off events.

2) Other long-term employee benefits

Other long-term employee benefits are accounted for in the same way as the accounting required for defined benefit plans except that remeasurement is recognized in profit or loss.

11 -

3) Income tax expense

Income tax expense represents the sum of the tax currently payable and deferred tax. Interim period income taxes are assessed on an annual basis and calculated by applying to an interim period's pre-tax income the tax rate that would be applicable to expected total annual earnings.

MATERIAL ACCOUNTING JUDGMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In the application of the Group’s accounting policies, management is required to make judgments, estimations and assumptions on the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates.

When developing material accounting estimates, the Group considers the possible impact on the cash flow projections, growth rate, discount rate, profitability and other relevant material estimates. The estimates and underlying assumptions are reviewed on an ongoing basis.

Based on the assessment of the Group’s management, the accounting policies, estimates, and assumptions adopted by the Group have not been subject to material accounting judgments, estimates and assumptions uncertainty.

CASH AND CASH EQUIVALENTS

	September 30, 2025	December 31, 2024	September 30, 2024
Cash on hand	$ 268	$ 313	$ 184
Checking accounts and demand deposits	2,210,082	1,955,774	1,760,082
Cash equivalents
Time deposits with original maturities of 3 months	-	98,355	-
Third-party paying accounts	2,805	1,032	2,276
	$ 2,213,155	$ 2,055,474	$ 1,762,542

FINANCIAL INSTRUMENTS AT FAIR VALUE THROUGH PROFIT OR LOSS

	September 30, 2025	December 31, 2024	September 30, 2024
Financial assets mandatorily classified as at FVTPL
Derivative instruments
Foreign exchange forward contracts not under hedge accounting	$ 119	$ -	$ 2,600
Hybrid financial assets
Structured deposits	-	-	45,166
	$ 119	$ -	$ 47,766
			(Continued)

At the end of the reporting period, outstanding foreign exchange forward contracts not under hedge accounting were as follows:

September 30, 2025

	Currency	Maturity Date	Notional Amount (In Thousands)
Sell	USD/NTD	October to December 2025	USD18,000/NTD540,008
Sell	EUR/NTD	October 2025	EUR2,000/NTD68,144
December 31, 2024
	Currency	Maturity Date	Notional Amount (In Thousands)
Sell	USD/NTD	January to February 2025	USD5,500/NTD178,620
September 30, 2024
	Currency	Maturity Date	Notional Amount (In Thousands)
Sell	CNY/NTD	October 2024	CNY2,755/NTD12,410
Sell	USD/NTD	October to November 2024	USD4,000/NTD129,038

The Group entered into foreign exchange forward contracts to manage exposures to exchange rate fluctuations of foreign currency denominated assets and liabilities. Therefore, the Group elected not to be accounted for using hedge accounting.

Refer to Table 3 for information relating to the equity instruments held by the Group were classified as financial assets at FVTPL as of September 30, 2025.

8. FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME

	September 30, 2025	December 31, 2024	September 30, 2024
Investments in foreign equity instruments
Unlisted ordinary shares	$ 99,605	$ 89,958	$ 81,607

Investments in foreign equity instruments, including ordinary shares and convertible preference shares, are not held for trading. Instead, they are held for medium to long-term strategic purposes. Accordingly, the management elected to designate these investments in equity instruments as at FVTOCI as they believe that recognizing short-term fluctuations in these investments' fair value in profit or loss would not be consistent with the Group's strategy of holding these investments for long-term purposes.

Refer to Table 3 for information relating to the foreign equity instruments held by the Group were classified as financial assets at FVTOCI on September 30, 2025.

9. NOTES RECEIVABLE AND TRADE RECEIVABLES

	September 30, 2025	December 31, 2024	September 30, 2024
Notes receivable
Gross carrying amount at amortized cost	$ 37,454	$ 48,253	$ 27,528
Less: Allowance for impairment loss	-	-	-
	$ 37,454	$ 48,253	$ 27,528
Trade receivables
Gross carrying amount at amortized cost	$ 2,239,132	$ 2,267,839	$ 1,804,986
Less: Allowance for impairment loss	(14,299)	(19,284)	(20,546)
	$ 2,224,833	$ 2,248,555	$ 1,784,440

The average credit period of sales of goods is 30 to 90 days. In order to minimize credit risk, the management of the Group has delegated a team responsible for determining credit limits, credit approvals and other monitoring procedures to ensure that follow-up action is taken to recover overdue debts. In addition, the Group reviews the recoverable amount of each individual trade debt at the end of the reporting period to ensure that adequate allowance is made for possible irrecoverable amounts. In this regard, the management believes the Group's credit risk was significantly reduced.

The Group applies the simplified approach to providing for expected credit losses prescribed by IFRS 9, which permits the use of lifetime expected loss provision for all trade receivables. The expected credit losses on trade receivables are estimated using a provision matrix approach considering the past default experience of the debtor and an analysis of the debtor's current financial position, adjusted for general economic conditions of the industry in which the debtors operate and an assessment of both the current as well as the forecast direction of economic conditions at the reporting date. As the Group's historical credit loss experience does not show significantly different loss patterns for different customer segments, the provision for loss allowance based on past due status is not further distinguished according to the Group's different customer base.

The Group writes off a trade receivable when there is information indicating that the debtor is in severe financial difficulty and there is no realistic prospect of recovery, e.g., when the debtor has been placed under liquidation, or when the trade receivables are over certain days past due, whichever occurs earlier. For trade receivables that have been written off, the Group continues to engage in enforcement activity to attempt to recover the receivables due. Where recoveries are made, these are recognized in profit or loss.

The following table details the loss allowance of trade receivables based on the Group’s provision matrix.

September 30, 2025

	Not Past Due	Less than 30 Days	31 to 90 Days	Over 91 Days	Total
Gross carrying amount	$ 1,763,800	$ 274,447	$ 126,411	$ 74,474	$ 2,239,132
Loss allowance	-	-	(4,396)	(9,903)	(14,299)
Amortized cost	$ 1,763,800	$ 274,447	$ 122,015	$ 64,571	$ 2,224,833

December 31, 2024

	Not Past Due	Less than 30 Days	31 to 90 Days	Over 91 Days	Total
Gross carrying amount	$ 1,922,593	$ 243,092	$ 55,130	$ 47,024	$ 2,267,839
Loss allowance	-	(869)	(11,198)	(7,217)	(19,284)
Amortized cost	$ 1,922,593	$ 242,223	$ 43,932	$ 39,807	$ 2,248,555

September 30, 2024

	Not Past Due	Less than 30 Days	31 to 90 Days	Over 91 Days	Total
Gross carrying amount	$ 1,468,347	$ 146,348	$ 37,329	$ 152,962	$ 1,804,986
Loss allowance	-	-	(10,098)	(10,448)	(20,546)
Amortized cost	$ 1,468,347	$ 146,348	$ 27,231	$ 142,514	$ 1,784,440

The movements of the loss allowance of trade receivables were as follows:

	For the Nine Months Ended September 30
	2025	2024
Balance on January 1	$ 19,284	$ 20,853
Less: Net reversal of loss allowance	(3,020)	(675)
Less: Amounts written off	(1,356)	-
Foreign exchange gains and losses	(609)	368
Balance on September 30	$ 14,299	$ 20,546

INVENTORIES

	September 30, 2025	December 31, 2024	September 30, 2024
Raw materials and supplies	$ 1,468,090	$ 1,509,592	$ 1,637,250
Work in progress	385,555	270,625	302,855
Finished goods	878,541	562,286	631,797
Merchandise	205,891	225,904	204,870
	$ 2,938,077	$ 2,568,407	$ 2,776,772

The cost of inventories recognized as cost of goods sold for the three months ended September 30, 2025 and for the nine months ended September 30, 2025 included inventory write-downs of $22,503 thousand and $65,173 thousand, respectively, and unallocated manufacturing expenses of $39,557 thousand and $125,666 thousand, respectively.

The cost of inventories recognized as cost of goods sold for the three months ended September 30, 2024 and for the nine months ended September 30, 2024 included inventory write-downs of $35,322 thousand and $39,502 thousand, respectively, and unallocated manufacturing expenses of $43,257 thousand and $131,196 thousand, respectively.

11. SUBSIDIARIES

a. Subsidiaries included in consolidated financial statements

Investor	Investor	Main Business	% of Ownership			Remark
			September 30, 2025	December 31, 2024	September 30, 2024
The Company	ADLINK Technology Singapore Pte Ltd.	Selling of industrial computers and investment activities	100.0	100.0	100.0	Note 1
The Company	ADLINK Technology Japan Corporation	Selling of industrial computers	100.0	100.0	100.0	Note 1
The Company	ADLINK Technology Korea Ltd.	Selling of industrial computers	100.0	100.0	100.0	Note 1
The Company	ADLINK International Co., Ltd.	Investment activities	100.0	100.0	100.0	-
The Company	Zettascale Technology Cayman Limited	Investment activities	100.0	100.0	100.0	Note 1
The Company	ADLINK Edge Computing Limited	Software development, authorization and service	100.0	100.0	100.0	Note 1
ADLINK Technology Singapore Pte Ltd.	ADLINK Technology India Private Limited	Selling of industrial computers	100.0	100.0	100.0	Notes 1 and 2
ADLINK Technology Singapore Pte Ltd.	ADLINK Intelligence Technology Co., Limited	Investment activities	100.0	100.0	100.0	Notes 1 and 4
ADLINK Intelligence Technology Co., Limited	Shanghai ADLINK Intelligence Technology Co., Ltd.	Selling of industrial computers	100.0	100.0	100.0	Notes 3 and 4
ADLINK International Co., Ltd.	Ampro ADLINK Technology Inc	Manufacturing and selling of industrial computers	100.0	100.0	100.0	-
ADLINK International Co., Ltd.	ADLINK Technology Holding GmbH	Investment activities	100.0	100.0	100.0	-
ADLINK International Co., Ltd.	ADLINK Technology (HK) Co., Ltd.	Investment activities	100.0	100.0	100.0	-
Zettascale Technology Cayman Limited	Zettascale Technology Limited	Software development, authorization and service	69.5	69.5	69.5	Note 1
ADLINK Technology Holding GmbH	ADLINK Technology GmbH	Manufacturing and selling of industrial computers	100.0	100.0	100.0	-
Ampro ADLINK Technology Inc.	ADLINK Technology Corporation	Software authorization and service	100.0	100.0	100.0	Note 1
Zettascale Technology Limited	Zettascale Technology SARL	Software development, authorization and service	100.0	100.0	100.0	Note 1
Zettascale Technology Limited	Zettascale Technology BV	Software development	100.0	100.0	100.0	Note 1
ADLINK Technology (HK) Co., Ltd.	ADLINK Technology (China) Co., Ltd.	Manufacturing and selling of industrial computers	100.0	100.0	100.0	-
ADLINK Technology (China) Co., Ltd.	Dongguan Lingyao Electronic Technology Co., Ltd.	Manufacturing and selling of electronic parts	100.0	100.0	100.0	Note 1

Note 1: The company is an immaterial subsidiary; its financial statements have not been reviewed.

Note 2: In order to expand and build a closer partnership with foreign clients, the Group established ADLINK Technology India Private Limited in January 2024.

Note 3: In order to collaborate with partnership in China and develop an innovative and competitive business model on the existing foundation sustainably, the Group established Shanghai ADLINK Intelligence Technology Co., Ltd. through ADLINK Technology Singapore Pte Ltd. in March 2024.

Note 4: In order to develop an innovative and competitive business model in the Chinese market on the existing foundation sustainably, the Group established ADLINK Intelligence Technology Co., Limited through ADLINK Technology Singapore Pte Ltd. and transferred the ownership of Shanghai ADLINK Intelligence Technology Co., Ltd. from ADLINK Technology Singapore Pte Ltd. to ADLINK Intelligence Technology Co., Limited in May 2024.

b. Subsidiaries excluded from the consolidated financial statements: None.

c. Subsidiaries that have material non-controlling interests: None.

12. INVESTMENTS ACCOUNTED FOR USING THE EQUITY METHOD

Associates That Are Not Individually Material	September 30, 2025		December 31, 2024		September 30, 2024
	Amount	% of Ownership	Amount	% of Ownership	Amount	% of Ownership
JY Technology (Shanghai)	$ -	-	$ 36,466	18.15	$ 40,561	22.34
JY Technology (Korea)	1,638	28.16	2,106	28.16	730	28.16
Farobot Technology Ltd.	28,801	49.00	43,945	49.00	40,068	49.00
	$ 30,439		$ 82,517		$ 81,359

Refer to Tables 7 and 8 for the nature of activities, principal place of business and country of incorporation of the associate.

In July 2024, JY Technology (Shanghai) repurchased the original ordinary shares it held from IDG and declared to reduce its ordinary shares simultaneously. The Group did not participate in the reduced shares of JY Technology (Shanghai); the Group recorded the change in its equity in the associate's net assets as an adjustment to investments, with a corresponding amount credited to the capital surplus of NT$(19,205) thousand. This transaction did not affect the Group's significant influence over JY Technology (Shanghai). Since there was a change in the abovementioned investment, the Group's ownership percentage in JY Technology (Shanghai) increased from 20.56% to 22.34%.

In December 2024, The Group sold a partial equity interest in JY Technology (Shanghai) to Shanghai Cehai and Shanghai Armillary for a total sale price of CNY9,818 thousand (or NT$44,537 thousand); thus, a disposal gain of CNY9,226 thousand (or NT$41,852 thousand) was recognized for the year ended December 31, 2024. The Group recorded the change as an adjustment to investments based on selling percentage from this transaction, with a corresponding amount credited to the capital surplus of NT$(5,334) thousand. This transaction did not affect the Group's significant influence over JY Technology (Shanghai). Since there was a change in the abovementioned investment, the Group's ownership percentage in JY Technology (Shanghai) decreased from 22.34% to 18.15%.

In March 2025, JY Technology (Shanghai) declared to reduce its ordinary shares and its shareholders resolved the re-election of directors and supervisors simultaneously. The Group did not elect as directors or supervisors and consequently ceased to have significant influence over JY Technology (Shanghai). Since there was a change in the abovementioned investment, the Group's ownership percentage in JY Technology (Shanghai) increased from 18.15% to 18.91%. The Group retained the remaining 18.91% interest as financial assets at FVTOCI whose fair value at the date of loss of significant influence. This transaction resulted in the recognition of a gain (loss) in profit or loss, calculated as follows:

Carrying amount of investment on the date of loss of significant influence	$ 32,843
Less: Fair value of retained investment	(16,544)
Less: Adjustment in the related capital surplus	(17,332)
Foreign exchange gains and losses	1,191
Loss recognized	$ 158

In May 2025, May 2024, and December 2024, the Group subscribed for total 1,173 thousand shares of Farobot Technology Ltd. with the same amount of payment of US$391 thousand (approximately $11,879 thousand, $12,688 thousand and $12,710 thousand, respectively) at the same percentage as its existing ownership percentage. This transaction did not affect the Group's significant influence over Farobot Technology Ltd.

Aggregate Information of Associates That Are Not Individually Material

	For the Three Months Ended September 30		For the Nine Months Ended September 30
	2025	2024	2025	2024
The Group’s share of loss from continuing operations	$ (5,851)	$ (15,936)	$ (30,762)	$ (45,936)

Investments were accounted for using the equity method and the share of profit or loss and other comprehensive income of those investments were calculated based on financial statements which have not been reviewed.

13. PROPERTY, PLANT AND EQUIPMENT

	September 30, 2025	December 31, 2024	September 30, 2024
Freehold land	$ 2,408,930	$ 2,424,659	$ 2,416,951
Buildings	1,296,956	1,380,738	1,380,342
Machinery equipment	47,943	57,365	62,086
Transportation equipment	919	1,259	1,302
Leasehold improvements	163,291	182,183	178,589
Other equipment	90,360	118,140	120,827
Property under construction	5,052	-	-
	$ 4,013,451	$ 4,164,344	$ 4,160,097

Except for depreciation expenses recognized, the Group did not recognize significant additions, disposal or impairment loss of property, plant and equipment for the nine months ended September 30, 2025 and 2024. Depreciation expenses are depreciated on the straight-line basis over the useful lives as follows:

Building
Main buildings	20-50 years
Mechanical and electrical accessories	2-20 years
Decoration	2-10 years
Machinery equipment	3-10 years
Transportation equipment	5 years
Leasehold improvements	3-15 years
Other equipment	1-15 years

Property, plant and equipment pledged by the Group as collateral for bank borrowing facilities are set out in Note 29.

14. LEASE ARRANGEMENTS

The Group’s important lease projects include leasing the plants from other companies for the use of the plants and warehouses. The lease terms are 2 to 50 years. The Group does not have bargain purchase options to acquire lease items at the end of lease terms. In addition, the Group leases buildings and office equipment, which qualify as short-term leases and low-value asset leases. The Group has elected to apply the recognition exemption and thus, did not recognize right-of-use assets and lease liabilities for these leases. Refer to the consolidated balance sheet for the balance of right-of-use assets and lease liabilities of lease arrangements as of the balance sheet date.

Other significant lease related information are as follows:

	For the Three Months Ended September 30		For the Nine Months Ended September 30
	2025	2024	2025	2024
Additions to right-of-use assets			$ 20,585	$ 12,305
Depreciation charge for right-of-use assets	$ 11,580	$ 11,569	$ 35,213	$ 33,754
Expenses relating to short-term and low-value asset leases	$ 4,828	$ 3,484	$ 13,849	$ 14,439
Total cash outflow for leases			$ 49,632	$ 48,771

15. INVESTMENT PROPERTIES

Except for depreciation expenses recognized, the Group did not recognize significant additions, disposal or impairment loss of investment properties for the nine months ended September 30, 2025 and 2024. The fair value of investment properties as of September 30, 2025, which was arrived at by reference to market evidence of transaction prices for similar properties, was approximately $798,492 thousand. Refer to the consolidated balance sheet for the balance as of balance sheet date, investment properties are buildings. Investment properties are depreciated on a straight-line basis over their estimated useful lives which are 50 years.

Lease commitments with lease terms commencing after the balance sheet dates are as follows:

	September 30, 2025	December 31, 2024	September 30, 2024
Lease commitments of investment properties	$ 22,293	$ 55,735	$ 66,881

Investment properties pledged by the Company as collateral for bank borrowing facilities are set out in Note 29.

16. INTANGIBLE ASSETS

	September 30, 2025	December 31, 2024	September 30, 2024
Computer software	$ 46,008	$ 58,352	$ 68,889
Goodwill	168,299	181,092	174,822
Trademarks	89,311	96,100	92,773
Golf license	5,685	5,685	5,685
	$ 309,303	$ 341,229	$ 342,169

Except for amortization recognized, the Group did not have significant additions, disposal or impairment loss of intangible assets during the nine months ended September 30, 2025 and 2024. Computer software is amortized on a straight-line basis over their following estimated useful lives which is 1-10 years.

20 -

17. BORROWINGS

a. Short-term borrowings

	September 30, 2025	December 31, 2024	September 30, 2024
Unsecured bank loans	$ 1,628,837	$ 1,087,222	$ 1,447,925
Expected repayment period	2025.10-2026.6	2025.2-2025.12	2024.10-2025.7
Interest rate	1.88%-5.48%	1.90%-4.50%	1.84%-4.65%

Refer to Note 27 for related information on utilized and unutilized bank loan facilities.

b. Long-term borrowings

	September 30, 2025	December 31, 2024	September 30, 2024
Unsecured bank loans	$ 1,652,284	$ 1,716,927	$ 1,659,042
Secured bank loans (Note 29)	1,251,400	1,341,400	1,371,400
Less: Current portions	(587,531)	(483,149)	(549,915)
Long-term borrowings	$ 2,316,153	$ 2,575,178	$ 2,480,527
Expected repayment period	2026.11-2033.3	2026.11-2033.3	2024.10-2033.3
Interest rate	1.38%-2.30%	1.38%-2.30%	1.25%-1.95%

Refer to Note 27 for related information on utilized and unutilized bank loan facilities.

18. TRADE PAYABLES

Trade payables are generated from operating activities. The average credit period for purchase of certain goods is 60 days. The Group has financial risk management policies in place to ensure that all payables are paid within the pre-agreed credit terms.

19. OTHER PAYABLES

	September 30, 2025	December 31, 2024	September 30, 2024
Salaries and bonuses	$ 343,434	$ 446,643	$ 350,077
Annual leave	63,515	61,554	63,874
Compensation to employees	38,559	9,459	-
Others	259,464	307,747	288,020
	$ 704,972	$ 825,403	$ 701,971

21 -

20. EQUITY

a. Ordinary shares

	September 30, 2025	December 31, 2024	September 30, 2024
Number of shares authorized (in thousands)	280,000	280,000	280,000
Shares authorized	$ 2,800,000	$ 2,800,000	$ 2,800,000
Number of shares issued and fully paid (in thousands)	217,595	217,497	217,497
Shares issued	$ 2,175,953	$ 2,174,973	$ 2,174,973

Fully paid ordinary shares, which have a par value of $10, carry one vote per share and carry a right to dividends.

A total of 20,000 thousand shares of the Company's authorized shares were reserved for the issuance of employee share options.

The change in the Company's share capital for the nine-month period ended September 30, 2025, was attributable to the issuance of ordinary shares upon the exercise of employee stock options.

The company has not yet registered with Ministry of Economic Affairs before the date of approval of issuance of the consolidated financial statements.

As of September 30, 2025, the number of ordinary shares issued through private placements, has not yet been applied to be listed, was 14,708 thousand shares.

b. Capital surplus

	September 30, 2025	December 31, 2024	September 30, 2024
May be used to offset a deficit, distributed as cash dividends, or transferred to share capital (1)
Issuance of ordinary shares	$ 571,501	$ 566,881	$ 566,881
Conversion of bonds	207,034	207,034	207,034
Arising from employee restricted shares vested	97,689	97,689	97,689
Arising from employee share options exercised	44,877	43,453	43,453
Treasury share transactions	17,579	17,579	17,579
Arising from employee share options expired	12,409	12,073	12,073
May only be used to offset a deficit
Changes in percentage of ownership interests in subsidiaries and associates (2)	305,113	322,445	327,779
May not be used for any purpose
Employee share options	47,758	22,953	15,450
	$ 1,303,960	$ 1,290,107	$ 1,287,938

1) Such capital surplus may be used to offset a deficit; in addition, when the Company has no deficit, such capital surplus may be distributed as cash dividends or transferred to share capital (limited to a certain percentage of the Company’s capital surplus and once a year).

2) Such capital surplus arises from changes in capital surplus of subsidiaries and associate accounted for using the equity method.

c. Retained earnings and dividends policy

Under the dividends policy as set forth in the Company’s Articles of Incorporation (the “Articles”), where the Company made post-tax profit for the period and other profit or loss items adjusted to the current year’s undistributed earnings other than post-tax profit for the period in a fiscal year, the profit shall be first utilized for offsetting losses of previous years, setting aside as legal reserve 10% of the remaining profit unless the total legal reserve accumulated has already reached the amount of the Company’s authorized capital. When a special reserve is appropriated from the prior unappropriated earnings for cumulative net debit balance reserves from prior period, the sum of net profit for the current period and items other than net profit that are included directly in the unappropriated earnings for the current period shall be used if the prior unappropriated earnings is not sufficient, setting aside or reversing special reserve in accordance with the laws and regulations, and then any remaining profit together with any undistributed retained earnings, which should be resolved in the shareholders’ meeting for distribution of dividends and bonuses to shareholders. The distributable dividends and bonuses, capital surplus or legal reserve in whole or in part may be paid in cash after a resolution has been adopted by a majority vote at a meeting of the board of directors attended by two-thirds of the total number of directors; in addition, a report of such distribution shall be submitted to the shareholders’ meeting, and then resolutions adopted by the shareholders’ meeting of the above dividends policy are not required. For the Company’s policies on distribution of employees’ compensation and remuneration of directors, refer to “Employees’ compensation and remuneration of directors” in Note 22-f.

The Articles stipulate that the Company adopts a residual dividend policy. After setting aside amounts based on the Company’s capital budget plan, the residual profits shall be distributed as cash dividends. The Articles also prescribe that distribution of cash dividends shall not be less than 10% of total dividends.

An appropriation of earnings to a legal reserve shall be made until the legal reserve equals the Company’s paid-in capital. The legal reserve may be used to offset deficit. If the Company has no deficit and the legal reserve has exceeded 25% of the Company’s paid-in capital, the excess may be transferred to capital or distributed in cash.

Items referred to under Rule No. 1090150022, issued by the FSC and the directive titled “Questions and Answers for Special Reserves Appropriated Following Adoption of IFRS Accounting Standards” should be appropriated to or reversed from a special reserve by the Company.

The appropriations of earnings for 2024 and 2023 were as follows:

	Appropriation of Earnings
	For the Year Ended December 31
	2024	2023
Legal reserve	$ 6,171	$ 33,390
(Reversal of) special reserve	$ (147,345)	$ 8,844
Cash dividends	$ 202,877	$ 217,498
Cash dividends per share (NT$)	$ 0.93	$ 1.00

The above 2024 and 2023 appropriations for cash dividends were resolved by the Company's board of directors on March 6, 2025 and March 7, 2024, respectively; the other proposed appropriations were resolved by the shareholders in their meetings on June 20, 2025 and June 19, 2024, respectively.

d. Other equity items

	Exchange Differences Arising on Translation of Foreign Operations	Unrealized Valuation Loss on Financial Assets at Fair Value Through Other Comprehensive Income
For the nine months ended September 30, 2025
Balance on January 1	$ (23,858)	$ 15,050
Exchange differences on translation of the financial statements of foreign operations	(247,313)	-
Gain or loss on disposal of equity instrument is transferred to retained earnings	-	10,363
Unrealized (loss) gain - equity instruments	-	140
Related income tax	49,463	-
Balance on September 30	$ (221,708)	$ 25,553
For the nine months ended September 30, 2024
Balance on January 1	$ (163,734)	$ 7,581
Exchange differences on translation of the financial statements of foreign operations	104,554	-
Related income tax	(20,911)	-
Balance on September 30	$ (80,091)	$ 7,581

REVENUE

	For the Three Months Ended September 30		For the Nine Months Ended September 30
	2025	2024	2025	2024
Revenue from the sale of goods	$ 3,039,211	$ 2,408,465	$ 8,575,335	$ 6,915,947
Software authorization and service revenue	43,801	24,275	109,502	92,139
	$ 3,083,012	$ 2,432,740	$ 8,684,837	$ 7,008,086

a. Contract balances

Contract liabilities are recognized from sale of goods. The changes in the balance of contract liabilities primarily result from the timing difference between the Group's satisfaction of performance obligations and the respective customer's payment. Refer to the consolidated balance sheet for the balance of contract liabilities as of balance date.

b. Disaggregation of revenue

Refer to Note 33 for information of the disaggregation of revenue.

22. NET PROFIT FOR THE YEAR

a. Other income

	For the Three Months Ended September 30		For the Nine Months Ended September 30
	2025	2024	2025	2024
Rental income (Note 28)	$ 14,601	$ 16,020	$ 44,271	$ 45,433
Grant revenue	482	7,061	6,300	21,508
Compensation income	-	11	-	2,933
Others	22,827	21,788	71,689	47,523
	$ 37,910	$ 44,880	$ 122,260	$ 117,397

b. Other gains and losses

	For the Three Months Ended September 30		For the Nine Months Ended September 30
	2025	2024	2025	2024
Net foreign exchange (losses) gains	$ 78,998	$ (19,552)	$ (30,285)	$ 10,211
(Loss) gain on disposal of property, plant and equipment	(1,876)	465	(1,880)	487
Net (loss) gain of financial assets and liabilities at fair value through profit or loss (Note 28)	(9,310)	3,870	(8,666)	(2,965)
Loss on compensation	(19)	-	(16,244)	(116,038)
Others	(3,645)	(4,315)	(16,871)	(24,004)
	$ 64,148	$ (19,532)	$ (73,946)	$ (132,309)

c. Finance costs

	For the Three Months Ended September 30		For the Nine Months Ended September 30
	2025	2024	2025	2024
Interest on bank loans	$ 23,528	$ 26,176	$ 68,769	$ 75,390
Interest on lease liabilities	793	628	2,900	2,118
	$ 24,321	$ 26,804	$ 71,669	$ 77,508

d. Depreciation and amortization

	For the Three Months Ended September 30		For the Nine Months Ended September 30
	2025	2024	2025	2024
An analysis of depreciation by function
Operating costs	$ 18,988	$ 16,718	$ 50,420	$ 50,480
Operating expenses	36,635	43,654	120,418	131,399
Other gains and losses	1,237	1,239	3,713	3,714
	$ 56,860	$ 61,611	$ 174,551	$ 185,593
An analysis of amortization by function
Operating costs	$ 1,318	$ 1,222	$ 3,800	$ 3,325
Operating expenses	18,267	18,187	55,998	57,116
	$ 19,585	$ 19,409	$ 59,798	$ 60,441

e. Employee benefits expense

	For the Three Months Ended September 30		For the Nine Months Ended September 30
	2025	2024	2025	2024
Post-employment benefits
Defined contribution plans	$ 26,091	$ 29,117	$ 83,375	$ 87,419
Defined benefit plans	349	271	1,047	812
	26,440	29,388	84,422	88,231
Equity-settled share-based payments (Note 25)	8,790	3,313	26,566	8,527
Other employee benefits	711,402	721,066	2,195,627	2,225,876
	$ 746,632	$ 753,767	$ 2,306,615	$ 2,322,634
An analysis of employee benefits expense by function
Operating costs	$ 145,738	$ 177,231	$ 462,089	$ 442,324
Operating expenses	600,894	576,536	1,844,526	1,880,310
	$ 746,632	$ 753,767	$ 2,306,615	$ 2,322,634

f. Employees' compensation and remuneration of directors

According to the Articles of Incorporation of the Company, the Company accrued employees' compensation and remuneration of directors at rates from 3% to 20% and no higher than 3%, respectively, of net profit before income tax (the parent company only financial statements), employees' compensation, and remuneration of directors. In accordance with the amendments to the Securities and Exchange Act in August 2024, the shareholders of the Company resolved the amendments to the Company's Articles at their 2025 regular meeting. The amendments explicitly stipulate which is based on the above compensation of employees at the rate no lower than 10% as compensation distributions for non-executive employees. For the three months ended September 30, 2024 and nine months ended September 30, 2024, the employees' compensation and remuneration of directors were not recognized due to net loss before income tax. The employees' compensation and remuneration of directors for the three months ended September 30, 2025 and for the nine months ended September 30, 2025, respectively, which were approved by the Company's board of directors respectively, were as follows:

	For the Three Months Ended September 30, 2025 Cash	For the Nine Months Ended September 30, 2025
		Cash	Accrual Rate (%)
Employees’ compensation	$ 27,269	$ 37,300	8.48
Remuneration of directors	$ 2,731	$ 3,500	0.80

If there is a change in the amounts after the annual consolidated financial statements are authorized for issue, the differences are recorded as a change in the accounting estimate.

The appropriations of employees' compensation and remuneration of directors for 2024 and 2023 are as shown below:

	For the Year Ended December 31
	2024	2023
Employees’ compensation - cash	$ 9,459	$ 43,000
Remuneration of directors - cash	$ 541	$ 3,700

There is no difference between the actual amounts of employees' compensation and remuneration of directors paid and the amounts recognized in the consolidated financial statements for the years ended December 31, 2024 and 2023.

Information on the employees' compensation and remuneration of directors resolved by the Company's board of directors is available at the Market Observation Post System website of the Taiwan Stock Exchange.

27 -

23. INCOME TAXES

a. Major components of income tax expense (benefit) recognized in profit or loss

	For the Three Months Ended September 30		For the Nine Months Ended September 30
	2025	2024	2025	2024
Current tax
In respect of the current year	$ 41,292	$ 5,239	$ 99,332	$ 16,313
Income tax on unappropriated earnings	-	-	-	3,709
Adjustments for prior years	(12,222)	(6,106)	2,099	(17,562)
	29,070	(867)	101,431	2,460
Deferred tax
In respect of the current year	31,156	1,094	(9,107)	(48,201)
Income tax expense (benefit) recognized in profit or loss	$ 60,226	$ 227	$ 92,324	$ (45,741)

b. Income tax recognized in other comprehensive income

	For the Three Months Ended September 30		For the Nine Months Ended September 30
	2025	2024	2025	2024
Deferred tax in respect of the current year
Translation of foreign operations	$(18,282)	$6,945	$49,463	$(20,911)

c. Income tax assessments

The Company’s income tax returns through 2023 have been assessed by the tax authorities.

24. EARNINGS (LOSS) PER SHARE

The earnings (loss) and weighted average number of ordinary shares outstanding used in the computation of earnings (loss) per share were as follows:

Net Profit (Loss) for the Period

	For the Three Months Ended September 30		For the Nine Months Ended September 30
	2025	2024	2025	2024
Earnings (loss) used in the computation of basic and diluted earnings (loss) per share	$ 280,323	$ 39,572	$ 331,290	$ (127,554)

(In Thousands of Shares)

	For the Three Months Ended September 30		For the Nine Months Ended September 30
	2025	2024	2025	2024
Weighted average number of ordinary shares used in the computation of basic earnings (loss) per share	217,543	217,497	217,513	217,497
Effect of potentially dilutive ordinary shares:
Employees’ compensation	609	-	636
Employee share options	69	59	189
Weighted average number of ordinary shares used in the computation of diluted earnings (loss) per share	218,221	217,556	218,338

The Group may settle compensation or bonuses paid to employees in cash or shares; therefore, the Group assumes that the entire amount of the compensation or bonuses will be settled in shares, and the resulting potentially dilutive shares will be included in the weighted average number of shares outstanding used in the computation of diluted earnings (loss) per share. Such dilutive effect of the potential shares is included in the computation of diluted earnings (loss) per share until the number of shares to be distributed to employees is resolved in the following year.

Due to net loss for the nine months ended September 30, 2024, the potentially dilutive shares have been excluded from the computation of diluted earnings per share.

25. EMPLOYEE SHARE OPTION PLAN

As of September 30, 2025, qualified employees of the Company were granted 5,000 options. Each option entitles the holder to subscribe for one thousand ordinary shares of the Company. The options granted are valid for 6 years and exercisable at $100\%$ after the second anniversary year from the grant date. Based on each grant date, information on the number of options granted and exercise prices was as follows:

	March 18, 2025	September 18, 2024	May 2, 2023
Number of options granted	1,368	2,198	1,434
Exercise price per share granted (equal to the closing price of the Company’s ordinary shares listed on the TWSE on the grant date) (NT$)	$ 84.40	$ 67.40	$ 60.80
Exercise price per share as of independent auditors’ review report date (revised in accordance with relevant regulations) (NT$)	$ 83.19	$ 66.44	$ 57.14

Information on options granted for the nine months ended September 30, 2025 and 2024 was as follows:

a. Movements of the number of options and the related price were as follows:

	For the Nine Months Ended September 30
	2025		2024
	Number of Options (In Thousands of Units)	Weighted-average Exercise Price (NT$)	Number of Options (In Thousands of Units)	Weighted-average Exercise Price (NT$)
Balance on January 1	3,632	$ 63.68	1,434	$ 58.71
Options granted	1,368	83.19	2,198	67.40
Options exercised	(98)	57.14	-	-
Options expired	(48)	66.44	-	-
Balance on September 30	4,854	69.18	3,632	63.97
Options exercisable, end of the period	1,336	57.14	-
Weighted-average fair value of options granted (NT$)	$ 24.22		$ 17.58

b. Information on outstanding options at the end of the reporting period was as follows:

	September 30, 2025	December 31, 2024	September 30, 2024
Range of exercise price (NT$)	$57.14-$84.40	$57.97/$67.40	$57.97/$67.40
Weighted-average remaining contractual life (in years)	0.83	1.18	1.44

The fair value of options granted were priced using the Black-Scholes pricing model and the inputs to the model on the grant date were as follows:

	March 18, 2025	September 18, 2024	May 2, 2023
Grant-date share price (NT$)	$ 84.40	$ 67.40	$ 60.08
Exercise price (NT$)	$ 84.40	$ 67.40	$ 60.08
Expected volatility (%)	33.73	33.26	30.24
Expected life (in years)	4.00	4.00	4.00
Risk-free interest rate (%)	1.53	1.38	1.09

The compensation costs from employee share options were $8,790 thousand and $26,566 thousand for the three months ended September 30, 2025 and for the nine months ended September 30, 2025 respectively.

The compensation costs from employee share options were $3,313 thousand and $8,527 thousand for the three months ended September 30, 2024 and for the nine months ended September 30, 2024 respectively.

30 -

26. CAPITAL MANAGEMENT

The Group manages its capital to ensure that entities in the Group will be able to continue as going concerns while maximizing the return to stakeholders through the optimization of the debt and total assets balance. The Group’s overall strategy is expected to remain unchanged for the year ahead.

Key management personnel of the Group review the capital structure on a quarterly basis. As part of this review, the key management personnel consider the cost of capital and the risks associated with each class of capital. Based on recommendations of the key management personnel, in order to balance the overall capital structure, the Group may adjust the amount of dividends paid to shareholders, the number of new shares, and the amount of new debt issued.

27. FINANCIAL INSTRUMENTS

a. Fair value of financial instruments not measured at fair value

Management considers that the carrying amounts of the financial instruments recognized in the consolidated financial statements approximate their fair values.

b. Fair value of financial instruments measured at fair value on a recurring basis

1) Fair value hierarchy

The Group measured foreign exchange forward contracts at fair value under Level 2. The structured deposits and the financial assets at fair value through other comprehensive income were measured by the Group at fair value under Levels 3, respectively.

There was no transfers between Levels 1 and 2 for the nine months ended September 30, 2025 and 2024.

2) Valuation techniques and inputs applied for Level 2 fair value measurement

Foreign exchange forward contracts measured at discounted cash flows basis, which are estimated based on observable forward exchange rates at the end of the reporting period and contract forward rates, discounted at a rate that reflects the credit risk of various counterparties.

3) Valuation techniques and inputs applied for Level 3 fair value measurement

The fair values of foreign unlisted securities, which are emerging market equity securities, are determined by using the asset approach. In the asset approach, the total market value of individual asset and liability of the evaluated target is evaluated by taking into account the risk factors (e.g., lack of marketability) to estimate the fair value.

c. Categories of financial instruments

	September 30, 2025	December 31, 2024	September 30, 2024
Financial assets
Financial assets at FVTPL	$ 119	$ -	$ 47,766
Financial assets at amortized cost (1)	4,666,731	4,574,067	3,805,762
Financial assets at FVTOCI	99,605	89,958	81,607
			(Continued)

31 -

Financial liabilities	September 30, 2025	December 31, 2024	September 30, 2024
Financial liabilities at FVTPL	$ 10,303	$ 1,518	$ 40
Financial liabilities at amortized cost (2)	6,942,538	6,605,943	6,405,377
			(Concluded)

1) The balances include financial assets at amortized cost, which comprise cash and cash equivalents, time deposits and project deposits, notes receivable, trade and other receivables (including related parties) and refundable deposits.

2) The balances include financial liabilities measured at amortized cost, which comprise short-term borrowings, trade and other payables (including related parties), long-term borrowings (including current portion) and guarantee deposits received (classified as other current liabilities).

d. Financial risk management objectives and policies

The Group’s major financial instruments include trade receivables, trade payables and borrowings. The Group’s Corporate Treasury function provides services to the business, coordinates access to domestic and international financial markets, monitors and manages the financial risks relating to the operations of the Group through internal risk reports which analyze exposures by degree and magnitude of risks. These risks include market risk (including foreign currency risk, interest rate risk and other debt risk), credit risk and liquidity risk.

1) Market risk

The Group’s activities exposed it primarily to the financial risks of changes in foreign currency exchange rates and interest rates. To manage operating funds effectively and create short-term capital gains, the Group used the partial of operating funds to invest in foreign equity instruments. The Group considered price risk arising from investment in foreign equity instruments is not significant based on nature and amount of the investment.

There has been no change to the Group’s exposure to market risks or the manner in which these risks were managed and measured.

a) Foreign currency risk

The Group had sales and purchases denominated in foreign currency, which exposed the Group to foreign currency risk. Based on the approval range of policy, the Group managed the partial of foreign currency risk through foreign exchange forward contracts.

The carrying amounts of the Group’s foreign currency denominated monetary assets and monetary liabilities (including those eliminated on consolidation) are set out in Note 31.

Sensitivity analysis

The Group was mainly exposed to the USD, CNY and EUR.

The Group’s sensitivity of 1% is used when reporting foreign currency risk internally to key management personnel and represents management’s assessment of the reasonably possible change in foreign exchange rates. The sensitivity analysis included only outstanding foreign currency denominated monetary items and adjusts their translation at the end of the reporting period for a 1% change in foreign currency rates.

A positive number below indicates a increase/decrease in pre-tax profit (loss) that would result if the New Taiwan dollar (the functional currency) weakened 1% against the relevant currency. For a 1% strengthening of the New Taiwan dollar against the relevant currency, there would be an equal and opposite impact on pre-tax profit (loss) and the balances below would be negative.

	For the Nine Months Ended September 30
	2025	2024
USD impact	$ 11,075	$ 9,143
CNY impact	1,960	3,112
EUR impact	6,156	3,310

The impact listed above was mainly attributable to the exposure on outstanding USD, CNY and EUR deposits, receivables, payables and borrowings.

b) Interest rate risk

The Group was exposed to interest rate risk because entities in the Group borrowed funds at both fixed and floating interest rates.

The carrying amounts of the Group's financial assets and financial liabilities with exposure to interest rates at the end of the reporting period were as follows:

	September 30, 2025	December 31, 2024	September 30, 2024
Fair value interest rate risk
Financial assets	$ 25,407	$ 131,137	$ 33,239
Financial liabilities	1,481,047	1,028,309	1,029,912
Cash flow interest rate risk
Financial assets	1,739,051	1,641,927	1,451,981
Financial liabilities	3,160,995	3,240,626	3,535,885

Sensitivity analysis

The sensitivity analysis below was determined based on the Group's exposure to interest rates for non-derivative instruments at the end of the reporting period. For floating rate assets and liabilities, the analysis was prepared assuming the amount of each asset and liability outstanding at the end of the reporting period was outstanding for the whole year. A 50 basis point increase or decrease was used when reporting interest rate risk internally to key management personnel and represents management's assessment of the reasonably possible change in interest rates.

If interest rates had been 50 basis points higher/lower and all other variables were held constant, the Group's pre-tax profit (loss) for the nine months ended September 30, 2025 and 2024 would have decreased/increased by $5,332 thousand and increased/decreased by $7,815 thousand, respectively.

2) Credit risk

Credit risk refers to the risk that counterparty will default on its contractual obligations resulting in financial loss to the Group. As at the end of the reporting period, the Group's maximum exposure to credit risk, which would cause a financial loss to the Group due to failure of counterparties to discharge an obligation, could arise from the carrying amount of the respective recognized financial assets as stated in the consolidated balance sheets.

The Group adopted a policy of only dealing with creditworthy counterparties. Before accepting new customers, the Group evaluated the potential customer's credit quality through internal credit reporting and sales management department to determine credit limits. Credit limits and rating will be re-evaluated regularly every year.

In addition, the Group reviews the recoverable amount of each individual trade debt at the end of the year to ensure that adequate allowance is made for possible irrecoverable amounts.

The Group's concentration of credit risk by geographical locations was mainly in the U.S.A., mainland China and Europe. As of September 30, 2025, December 31, 2024 and September 30, 2024, the proportion of trade receivables from those mentioned above to total trade receivables were as follows:

	September 30, 2025	December 31, 2024	September 30, 2024
Mainland China	14%	27%	26%
U.S.A.	40%	31%	28%
Europe	19%	16%	18%

3) Liquidity risk

The Group manages liquidity risk by monitoring and maintaining a level of cash deemed adequate to finance the Group's operations and mitigate the effects of fluctuations in cash flows. In addition, management monitors the utilization of bank borrowings and ensures compliance with loan covenants.

The Group relies on bank borrowings as a significant source of liquidity. As of September 30, 2025, December 31, 2024 and September 30, 2024, the Group had available unutilized bank facilities as set out in (b) below.

a) Liquidity and interest rate risk table for non-derivative financial liabilities

The following table details the Group's remaining contractual maturities for its non-derivative financial liabilities with agreed repayment periods. The table has been drawn up based on the undiscounted cash flows of financial liabilities from the earliest date on which the Group can be required to pay. Specifically, bank loans with a repayment on demand clause were included in the earliest time band regardless of the probability of the banks choosing to exercise their rights. The maturity dates for other non-derivative financial liabilities were based on the agreed repayment dates.

September 30, 2025

	Less than 1 Year	1-3 Year	3+ Years
Non-interest bearing liabilities	$ 2,410,017	$ -	$ -
Variable interest rate liabilities	1,087,324	1,229,222	1,003,370
Fixed interest rate liabilities	1,197,052	195,788	-
Lease liabilities	39,402	34,947	42,166
	$ 4,733,795	$ 1,459,957	$ 1,045,536

December 31, 2024

	Less than 1 Year	1-3 Year	3+ Years
Non-interest bearing liabilities	$ 2,460,394	$ -	$ -
Variable interest rate liabilities	723,129	1,451,333	1,264,802
Fixed interest rate liabilities	931,405	-	-
Lease liabilities	42,678	79,818	14,102
	$ 4,157,606	$ 1,531,151	$ 1,278,904
September 30, 2024
	Less than 1 Year	1-3 Year	3+ Years
Non-interest bearing liabilities	$ 1,927,010	$ -	$ -
Variable interest rate liabilities	1,111,625	1,150,477	1,474,383
Fixed interest rate liabilities	974,863	-	-
Lease liabilities	37,818	37,005	16,759
	$ 4,051,316	$ 1,187,482	$ 1,491,142
b) Financing facilities
	September 30, 2025	December 31, 2024	September 30, 2024
Unsecured bank facilities:
Amount used	$ 3,281,121	$ 2,804,149	$ 3,106,967
Amount unused	3,881,763	4,763,863	5,097,583
	$ 7,162,884	$ 7,568,012	$ 8,204,550
Secured bank facilities:
Amount used	$ 1,251,400	$ 1,341,400	$ 1,371,400
Amount unused	-	-	-
	$ 1,251,400	$ 1,341,400	$ 1,371,400

28. TRANSACTIONS WITH RELATED PARTIES

In June 2025, the largest and single shareholder of the Company, AUO Corp., participated in the Company's regular shareholders' meeting and obtained control in substance over the Company after resolving the re-election of directors. AUO Corp. became the Company's parent company on June 2025.

Balances and transactions between the Company and its subsidiaries, which are related parties of the Company, have been eliminated on consolidation and are not disclosed in this note. Besides information disclosed elsewhere in the other notes, details of transactions between the Group and other related parties are disclosed below.

a. Related party name and relationship

Related Party Name	Related Party Category
Chroma ATE Inc.	Investor with significant influence over the Group (Note 1)
AUO Corp.	Parent company (Note 2)
Testar Electronics Corporation.	Subsidiary of investor with significant influence over the Group (Note 1)
Adivic Technology Co., Ltd.	Subsidiary of investor with significant influence over the Group (Note 1)
Darwin Precisions Corp.	Sister company (Note 3)
Edgetech Data Technologies (Suzhou) Corp., Ltd.	Sister company (Note 3)
AUO Display Plus Corporation	Sister company (Note 3)
AUO Envirotech Inc.	Sister company (Note 3)
AUO Digitech Taiwan Inc.	Sister company (Note 3 and 6)
AUO Optoelectronics (Suzhou) Co., Ltd.	Sister company (Note 3)
JY Technology (Korea)	Associate
JY Technology (Shanghai)	Associate (Note 4)
Farobot Inc.	Associate
Farobot Technology Ltd.	Associate
Zenitron Corporation	Other related party (Note 1)
eeWare SAS	Other related party (Note 5)
Fen Zhan Cheng Yi (Beijing)	Other related party
AutoCore Technology (Nanjing) Co., Ltd.	Other related party

Note 1: Due to the re-election of directors, the entity became a non-related party in June 2025.
Note 2: Due to the re-election of directors, the entity became a parent company from investor with significant influence over the Group in June 2025.
Note 3: Due to the re-election of directors, the entity became a sister company from subsidiary of investor with significant influence over the Group in June 2025.
Note 4: The Group ceased to have significant influence and changed to other related party in March 2025.
Note 5: The Company is its director and as a non-related party since May 2024.
Note 6: AUO Envirotech Inc., as the surviving entity, completed its merger with AUO Digitech Taiwan Inc. in September 2025. AUO Digitech Taiwan Inc. was dissolved following the organizational restructuring.

b. Sales of goods

	For the Three Months Ended September 30		For the Nine Months Ended September 30
Related Party Category/Name	2025	2024	2025	2024
Investors with significant influence over the Group	$ 5,305	$ 17,083	$ 24,707	$ 47,036
Subsidiaries of investors with significant influence over the Group	2,509	1,455	4,100	4,501
Associates	7,053	40,027	22,291	94,221
	$ 14,867	$ 58,565	$ 51,098	$ 145,758

Transactions with related parties were made at prices and terms comparable to those that would be obtained in similar transactions with non-related parties.

c. Purchases of goods

	For the Three Months Ended September 30		For the Nine Months Ended September 30
Related Party Category/Name	2025	2024	2025	2024
Investors with significant influence over the Group	$ -	$ 3,114	$ 270	$ 3,231
Subsidiaries of investors with significant influence over the Group	11,862	14,486	38,258	49,378
Associates	-	-	51	-
Others	-	2,265	5,723	9,609
	$ 11,862	$ 19,865	$ 44,302	$ 62,218

Transactions with related parties were made at prices and terms comparable to those that would be obtained in similar transactions with non-related parties.

d. Receivables from related parties

Line Item	Related Party Category/Name	September 30, 2025	December 31, 2024	September 30, 2024
Trade receivables	Investors with significant influence over the Group	$ 5,576	$ 12,749	$ 12,189
	Subsidiaries of investors with significant influence over the Group	2,066	1,105	383
	Associates	19,977	47,326	58,259
		$ 27,619	$ 61,180	$ 70,831
Other receivables	Investors with significant influence over the Group	$ -	$ 2,327	$ 2,798
	Subsidiaries of investors with significant influence over the Group	-	2,479	3,021
		$ -	$ 4,806	$ 5,819

The outstanding trade receivables from related parties are unsecured. For the nine months ended September 30, 2025 and 2024, no impairment loss was recognized for trade receivables from related parties.

e. Payables to related parties

Line Item	Related Party Category/Name	September 30, 2025	December 31, 2024	September 30, 2024
Trade payables	Investors with significant influence over the Group	$ -	$ 3	$ 205
	Subsidiaries of investors with significant influence over the Group	2,187	8,041	8,029
	Others	-	1,652	3,308
	Associates	-	4,666	-
		$ 2,187	$ 14,362	$ 11,542
Other payables	Investors with significant influence over the Group	$ -	$ 188	$ 620
	Subsidiaries of investors with significant influence over the Group	107	89	107
	Others	-	131	88
		$ 107	$ 408	$ 815

The outstanding trade payables to related parties are unsecured.

f. Prepayments

Related Party Category/Name	September 30, 2025	December 31, 2024	September 30, 2024
Subsidiaries of investors with significant influence over the Group	$ 99	$ 5,367	$ -
Associates
Farobot Inc.	19,856	19,856	25,223
	$ 19,955	$ 25,223	$ 25,223

g. Intangible assets acquired

Related Party Category/Name	For the Three Months Ended September 30		For the Nine Months Ended September 30
	2025	2024	2025	2024
Investors with significant influence over the Group
AUO Corp.	$ -	$ -	$ 1,000	$ 1,515

h. Property, plant and equipment acquired

	Price
	For the Three Months Ended September 30		For the Nine Months Ended September 30
Related Party Category/Name	2025	2024	2025	2024
Investors with significant influence over the Group
Chroma ATE Inc.	$ -	$ -	$ 808	$ -
Subsidiaries of investors with significant influence over the Group
AUO Digitech Taiwan Inc.	-	-	450	5,800
Associates	-	-	-	25
	$ -	$ -	$ 1,258	$ 5,825

i. Lease arrangements

Line Item	Related Party Category/Name	For the Three Months Ended September 30		For the Nine Months Ended September 30
		2025	2024	2025	2024
Rental expenses	Others	$ 3,447	$ 2,023	$ 10,955	$ 6,023
Rental income	Investors with significant influence over the Group	$ -	$ 8,758	$ 17,611	$ 26,362
	Subsidiaries of investors with significant influence over the Group	-	2,579	5,185	7,762
		$ -	$ 11,337	$ 22,796	$ 34,124

The rental expenses were paid semi-annually, and the rental income was received monthly, respectively, which based on local normal commercial rates.

j. Disposal of financial assets

For the nine months ended September 30, 2024

Related Party Category/Name	Line Item	Number of Shares	Underlying Assets	Proceeds	Gain on Disposal
Others
eeWare SAS	Financial assets at fair value through profit or loss	932	Ordinary shares	$ 3,235	$ 3,235

In April 2024, the Group's other related party, eeWare SAS, repurchased its ordinary shares. Gain on disposal was recognized as net gain on fair value changes of financial assets and liabilities at fair value through profit or loss.

k. Endorsements and guarantees

Information on the endorsements or guarantees for subsidiaries was as follows:

	September 30, 2025	December 31, 2024	September 30, 2024
ADLINK Technology GmbH	$ 965,807	$ 921,780	$ 955,260
ADLINK Technology (China) Co., Ltd.	$ 30,469	$ -	$ -

Remuneration of key management personnel

	For the Three Months Ended September 30		For the Nine Months Ended September 30
	2025	2024	2025	2024
Short-term employee benefits	$ 10,418	$ 4,636	$ 28,202	$ 20,333
Share-based payment	1,369	414	3,916	1,057
Post-employment benefits	54	70	162	215
	$ 11,841	$ 5,120	$ 32,280	$ 21,605

The remuneration of directors and key executives was determined by the remuneration committee based on the performance of the Company and market trends.

ASSETS PLEDGED AS COLLATERAL OR FOR SECURITY

The assets pledged as collaterals for bank facilities were as follows:

	September 30, 2025	December 31, 2024	September 30, 2024
Land	$ 2,202,003	$ 2,202,003	$ 2,202,003
Buildings	925,422	954,876	974,127
Investment properties	225,295	229,008	230,246
Property under construction	2,290	-	-
	$ 3,355,010	$ 3,385,887	$ 3,406,376

SIGNIFICANT CONTINGENT LIABILITIES AND UNRECOGNIZED COMMITMENTS

Contingent Liabilities

The facilities that the Group provided endorsements or guarantees for its subsidiaries refer to Note 28 for information.

31. SIGNIFICANT ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES

The group entities' significant financial assets and liabilities denominated in foreign currencies aggregated by the foreign currencies other than functional currencies and the related exchange rates between the foreign currencies and the respective functional currencies were as follows:

September 30, 2025

	Foreign Currency (In Thousands)	Exchange Rate	Carrying Amount (In Thousands)
Financial assets
Monetary items
USD	$ 72,228	30.47 (USD:NTD)	$ 2,200,775
USD	12,036	7.13 (USD:CNY)	366,741
USD	2,779	148.05 (USD:JPY)	84,665
USD	8,351	0.85 (USD:EUR)	254,446
USD	386	0.74 (USD:GBP)	11,760
USD	598	1,404.10 (USD:KRW)	18,212
CNY	47,967	4.27 (CNY:NTD)	205,040
EUR	16,332	35.77 (EUR:NTD)	584,190
EUR	1,067	0.87 (EUR:GBP)	38,173
			$ 3,764,002
Non-monetary items
Derivative instruments
USD	3,100	30.47 (USD:NTD)	$ 119
Financial liabilities
Monetary items
USD	31,683	30.47 (USD:NTD)	$ 965,382
USD	11,147	7.13 (USD:CNY)	339,648
USD	789	148.05 (USD:JPY)	24,048
USD	15,391	0.85 (USD:EUR)	468,975
USD	1,017	1,404.10 (USD:KRW)	31,000
CNY	2,104	4.27 (CNY:NTD)	8,994
EUR	190	35.77 (EUR:NTD)	6,792
			$ 1,844,839
Non-monetary items
Derivative instruments
USD	14,900	30.47 (USD:NTD)	$ 6,872
EUR	2,000	35.77 (EUR:NTD)	3,431
			$ 10,303

December 31, 2024

	Foreign Currency (In Thousands)	Exchange Rate	Carrying Amount (In Thousands)
Financial assets
Monetary items
USD	$ 59,669	32.79 (USD:NTD)	$ 1,956,554
USD	20,096	7.19 (USD:CNY)	658,955
USD	4,917	156.19 (USD:JPY)	161,219
USD	8,558	0.96 (USD:EUR)	280,603
USD	190	0.80 (USD:GBP)	6,242
USD	458	1,459.71 (USD:KRW)	15,021
CNY	74,684	4.56 (CNY:NTD)	340,621
EUR	8,856	34.14 (EUR:NTD)	302,337
EUR	1,674	0.83 (EUR:GBP)	57,148
			$ 3,778,700
Financial liabilities
Monetary items
USD	31,137	32.79 (USD:NTD)	$ 1,020,982
USD	14,949	7.19 (USD:CNY)	490,190
USD	2,206	156.19 (USD:JPY)	72,331
USD	20,329	0.96 (USD:EUR)	666,583
USD	982	1,459.71 (USD:KRW)	32,216
CNY	550	4.56 (CNY:NTD)	2,508
EUR	769	34.14 (EUR:NTD)	26,240
EUR	10	0.83 (EUR:GBP)	338
			$ 2,311,388
Non-monetary items
Derivative instruments
USD	5,500	32.79 (USD:NTD)	$ 1,518

41 -

September 30, 2024

	Foreign Currency (In Thousands)	Exchange Rate	Carrying Amount (In Thousands)
Financial assets
Monetary items
USD	$ 51,237	31.65 (USD:NTD)	$ 1,621,639
USD	19,081	7.01 (USD:CNY)	603,908
USD	3,326	142.38 (USD:JPY)	105,254
USD	10,046	0.89 (USD:EUR)	317,965
USD	644	0.75 (USD:GBP)	20,371
USD	879	1,300.86 (USD:KRW)	27,831
CNY	70,538	4.52 (CNY:NTD)	318,594
EUR	8,172	35.38 (EUR:NTD)	289,138
EUR	2,292	0.83 (EUR:GBP)	81,107
			$ 3,385,807
Non-monetary items
Derivative instruments
USD	4,000	31.65 (USD:NTD)	$ 2,600
Financial liabilities
Monetary items
USD	26,156	31.65 (USD:NTD)	$ 827,832
USD	9,552	7.01 (USD:CNY)	302,329
USD	1,382	142.38 (USD:JPY)	43,752
USD	18,263	0.89 (USD:EUR)	578,022
USD	87	0.75 (USD:GBP)	2,746
USD	886	1,300.86 (USD:KRW)	28,029
CNY	1,646	4.52 (CNY:NTD)	7,436
EUR	1,096	35.38 (EUR:NTD)	38,788
EUR	12	0.83 (EUR:GBP)	422
			$ 1,829,356
Non-monetary items
Derivative instruments
CNY	2,755	4.52 (CNY:NTD)	$ 40

The Group entered into foreign exchange forward contracts as derivative instruments under non-monetary items, and its foreign currency amounts is contractual amounts.

It is impractical to disclose net foreign exchange gains (losses) by each significant foreign currency due to the variety of the foreign currency transactions and functional currencies of the group entities.

32. SEPARATELY DISCLOSED ITEMS

a. Information on significant transactions and investees:

1) Financing provided to others: Table 1 (attached)
2) Endorsements/guarantees provided: Table 2 (attached)
3) Marketable securities held (excluding investment in subsidiaries, associates and joint ventures): Table 3 (attached)
4) Total purchases from or sales to related parties amounting to at least NT$100 million or 20% of the paid-in capital: Table 4 (attached)
5) Receivables from related parties amounting to at least NT$100 million or 20% of the paid-in capital: Table 5 (attached)
6) Others: Intercompany relationships and significant intercompany transactions: Table 6 (attached)

b. Information on investees: Table 7 (attached)

c. Information on investments in mainland China

1) Information on any investee company in mainland China, showing the name, principal business activities, paid-in capital, method of investment, inward and outward remittance of funds, ownership percentage, net income of investees, investment income or loss, carrying amount of the investment at the end of the period, repatriations of investment income, and limit on the amount of investment in the mainland China area: Table 8 (attached)

2) Any of the following significant transactions with invested companies in mainland China, either directly or indirectly through a third party, and their prices, payment terms, and unrealized gains or losses:

a) The amount and percentage of purchases and the balance and percentage of the related payables at the end of the period: Table 4 (attached)
b) The amount and percentage of sales and the balance and percentage of the related receivables at the end of the period: Table 4 (attached)
c) The amount of property transactions and the amount of the resultant gains or losses: None
d) The balance of negotiable instrument endorsements or guarantees or pledges of collateral at the end of the period and the purposes: Table 2 (attached)
e) The highest balance, the end of period balance, the interest rate range, and total current period interest with respect to financing of funds: Table 1 (attached)
f) Other transactions that have a material effect on the profit or loss for the year or on the financial position, such as the rendering or receiving of services: Table 6 (attached)

43 -

33. SEGMENT INFORMATION

Information reported to the chief operating decision maker for the purpose of resource allocation and assessment of segment performance focuses on the regions where the Group operates. Specifically, the Group's reportable segments were as follows:

Asia Pacific - ADLINK Technology Inc., ADLINK Technology Japan Corporation, ADLINK Technology Singapore Pte Ltd., ADLINK Technology Korea Ltd., ADLINK Technology India Private Limited (Incorporated in January 2024)

Mainland China - ADLINK Technology (China) Co., Ltd., Shanghai ADLINK Intelligence Technology Co., Ltd. (Incorporated in March 2024), and Dongguan Lingyao Electronic Technology Co., Ltd.

America - Ampro ADLINK Technology Inc. and ADLINK Technology Corporation

Europe - ADLINK Technology GmbH, ADLINK Edge Computing Limited, Zettascale Technology Limited, Zettascale Technology SARL and Zettascale Technology BV

Segment Revenue and Results

	For the Nine Months Ended September 30, 2025
	Asia Pacific	Mainland China	America	Europe	Elimination	Total
Sales
Revenue from external customers	$ 2,912,527	$ 1,459,561	$ 2,488,648	$ 1,824,101	$ -	$ 8,684,837
Inter-segment revenue	3,591,447	1,337,119	-	15,041	(4,943,607)	-
Segment revenue	$ 6,503,974	$ 2,796,680	$ 2,488,648	$ 1,839,142	$ (4,943,607)	$ 8,684,837
Interest income	$ 5,139	$ 3,563	$ 2,151	$ 2,260	$ -	$ 13,113
Finance costs	51,669	1,265	-	18,735	-	71,669
Depreciation expense	116,082	25,700	13,097	19,672	-	174,551
Amortization expense	56,242	3,315	168	73	-	59,798
Segment income (loss)	$ 1,614,200	$ 20,504	$ 40,208	$ (60,860)	$ -	1,614,052
Unallocated amounts:
Headquarters' administration costs and remuneration of directors						1,200,659
Profit before income tax						$ 413,393
	For the Nine Months Ended September 30, 2024
---	---	---	---	---	---	---
	Asia Pacific	Mainland China	America	Europe	Elimination	Total
Sales
Revenue from external customers	$ 2,158,026	$ 1,155,392	$ 1,946,242	$ 1,748,426	$ -	$ 7,008,086
Inter-segment revenue	3,014,185	1,186,902	-	35,766	(4,236,853)	-
Segment revenue	$ 5,172,211	$ 2,342,294	$ 1,946,242	$ 1,784,192	$ (4,236,853)	$ 7,008,086
Interest income	$ 3,960	$ 4,320	$ 3,460	$ 4,458	$ -	$ 16,198
Finance costs	46,046	11,204	6	20,252	-	77,508
Depreciation expense	128,541	31,052	14,377	11,623	-	185,593
Amortization expense	56,355	3,643	371	72	-	60,441
Segment income (loss)	$ 1,207,421	$ (99,061)	$ 9,319	$ (142,624)	$ -	975,055
Unallocated amounts:
Headquarters' administration costs and remuneration of directors						1,181,332
Loss before income tax						$ (206,277)

TABLE 1

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

FINANCING PROVIDED TO OTHERS

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2025

(In Thousands of New Taiwan Dollars, Unless Stated Otherwise)

No. (Note 1)	Lender	Borrower	Financial Statement Account	Related Party	Highest Balance for the Period	Ending Balance	Actual Amount Borrowed	Interest Rate (%)	Nature of Financing (Note 2)	Business Transaction Amount	Requirement Reasons for Short-term Financing	Allowance for Impairment Loss	Collateral		Financing Limit for Each Borrower (Note 3)	Aggregate Financing Limit (Note 3)	Note
													Item	Value
0	The Company	ADLINK Technology (China) Co., Ltd.	Other receivables	Y	$ 199,230	$ 182,814 (US$ 6,000)	$ -	2	b	$ -	Operation requirement	$ -	-	$ -	$ 532,271	$ 2,129,085	Note 4
1	ADLINK International Co., Ltd.	ADLINK Technology (China) Co., Ltd.	Other receivables	Y	99,615	30,469 (US$ 1,000)	30,469	2	b	-	Operation requirement	-	-	-	1,433,270	1,433,270	Note 4
2	Ampro ADLINK Technology Inc.	ADLINK Technology GmbH	Other receivables	Y	66,410	60,938 (US$ 2,000)	60,938	2	b	-	Operation requirement	-	-	-	618,777	618,777	Note 4

Note 1: Fill in 0 for the Company, 1 for ADLINK International Co., Ltd. 2 for Ampro ADLINK Technology Inc.
Note 2: The nature of financing provided is specified below:

a. 1 for transactions.
b. 2 for short-term financing.

Note 3: The aggregate financing limit and financing limit for each borrower is specified below:

a. Transactions: The aggregate financing limit for each borrower shall not exceed 20% of the lender's net equity in the latest financial statements. Meanwhile, the financing limit for each borrower shall not exceed the number of transactions with each other in the most recent year. The above-mentioned transactions are measured at the higher of purchases and sales with each other.
b. Short-term financing: When the lender is the Company, the aggregate financing limit for each borrower shall not exceed 40% of the lender's net equity in the latest financial statements. Meanwhile, the financing limit for each borrower shall not exceed 10% of the lender's net equity in the latest financial statements.
c. When foreign borrower was held 100% of voting shares directly and indirectly by the Company, there is financing provided to others with each other or the Company. The aggregate financing limit and financing limit for each borrower both shall not exceed 70% of the lender's net equity in latest financial statements.

Note 4: It has been eliminated when preparing the consolidated financial statements.

TABLE 2

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

ENDORSEMENTS/GUARANTEES PROVIDED

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2025

(In Thousands of New Taiwan Dollars or Foreign Currency, Unless Stated Otherwise)

No. (Note 1)	Endorser/ Guarantor	Endorsee/Guarantee		Limits on Endorsement/ Guarantee Given on Behalf of Each Party (Note 3)	Maximum Amount Endorsed/ Guaranteed During the Period	Outstanding Endorsement/ Guarantee at the End of the Period	Actual Amount Borrowed	Amount Endorsed/ Guaranteed by Collateral	Ratio of Accumulated Endorsement/ Guarantee to Net Equity in Latest Financial Statements (%)	Aggregate Endorsement/ Guarantee Limit (Note 4)	Endorsement/ Guarantee Given by Parent on Behalf of Subsidiaries	Endorsement/ Guarantee Given by Subsidiaries on Behalf of Parent	Endorsement/ Guarantee Given on Behalf of Companies in Mainland China
		Name	Relationship (Note 2)
0	The Company	ADLINK Technology GmbH	a. and b.	$ 2,661,357	$ 982,800	$ 965,807 (EUR 27,000)	$ 550,868	$ -	18.15	$ 2,661,357	Y	-	-
		ADLINK Technology (China) Co., Ltd.	a. and b.	2,661,357	66,410	30,469 (US$ 1,000)	-	-	0.57	2,661,357	Y	-	Y

Note 1: Fill in 0 for the Company.
Note 2: Relationships between the endorsement/guarantee and the Company are specified as follows:

a. Companies that have business dealings with the Company.
b. Companies in which the Company directly and indirectly holds more than 50% of the voting shares.

Note 3: The subsidiaries of the Company in which the Company directly or indirectly holds 100% of shares shall be capped at 50% of the net value of the Company's latest financial statements. Other companies shall be capped at 20% of the net value of the Company's latest financial statements.
Note 4: The total endorsement and guarantee amount shall be capped at 50% of the net value of the Company's latest financial statements.

TABLE 3

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

MARKETABLE SECURITIES HELD (EXCLUDING INVESTMENT IN SUBSIDIARIES AND ASSOCIATES)

SEPTEMBER 30, 2025

(In Thousands of New Taiwan Dollars, Unless Stated Otherwise)

Holding Company Name	Type and Name of Marketable Securities	Relationship with the Holding Company	Financial Statement Account	September 30, 2025				Note
				Shares/Units (Thousands)	Carrying Amount	Percentage of Ownership (%)	Fair Value (Note 2)
The Company	Shares - ordinary shares
	Netio Technologies Co., Ltd.	-	Financial assets at fair value through profit or loss	385	$ -	15.00	$ -	-
	Applied Green Light Taiwan, Inc.	-	〃	143	-	3.33	-	-
ADLINK Technology (China) Co., Ltd.	Shares - ordinary shares
	AutoCore Technology (Nanjing) Co., Ltd.	-	Financial assets at fair value through other comprehensive income	Note 3	84,317	3.95	84,317	-
	JY Technology (Shanghai)	-	〃	9,054	15,288	19.67	15,288	Note 4

Note 1: Marketable securities in this table is shares, bonds, mutual funds and securities derived from the mentioned above under the range of IFRS 9 "Financial Instruments".
Note 2: The fair value of open market value was calculated based on the closing price as of balance sheet date. In contrast, it was calculated based on the appropriate valuation techniques and inputs.
Note 3: It is a limited company so that no specific shares or units are disclosed.
Note 4: Please refer to the Note 12.

TABLE 4

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

TOTAL PURCHASES FROM OR SALES TO RELATED PARTIES AMOUNTING TO AT LEAST NT$100 MILLION OR 20% OF THE PAID-IN CAPITAL

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2025

(In Thousands of New Taiwan Dollars, Unless Stated Otherwise)

Buyer	Related Party	Relationship	Transaction Details				Abnormal Transaction		Notes/Accounts Receivable (Payable)		Note
			Purchase/ (Sale)	Amount	% of Total	Payment Terms	Unit Price	Payment Terms	Ending Balance	% of Total
The Company	ADLINK Technology Japan Corporation	Subsidiary	(Sales)	$ (327,960)	(5.46)	Net 120 days	-	-	$ 27,069	1.12	Note
ADLINK Technology Japan Corporation	The Company	Parent company	Purchases	327,960	99.20	Net 120 days	-	-	(27,069)	(100.00)	Note
The Company	Ampro ADLINK Technology Inc.	Indirectly owned subsidiary	(Sales)	(1,834,128)	(30.53)	Net 60 days	-	-	733,071	30.34	Note
Ampro ADLINK Technology Inc.	The Company	Parent company	Purchases	1,834,128	89.94	Net 60 days	-	-	(733,071)	(92.60)	Note
The Company	ADLINK Technology GmbH	Indirectly owned subsidiary	(Sales)	(1,046,719)	(17.42)	Net 150 days	-	-	793,958	32.86	Note
ADLINK Technology GmbH	The Company	Parent company	Purchases	1,046,719	88.82	Net 150 days	-	-	(793,958)	(99.39)	Note
The Company	Shanghai ADLINK Intelligence Technology Co., Ltd.	Indirectly owned subsidiary	(Sales)	(123,009)	(2.05)	Net 30 days	-	-	61,578	2.55	Note
Shanghai ADLINK Intelligence Technology Co., Ltd.	The Company	Parent company	Purchases	123,009	17.48	Net 30 days	-	-	(61,578)	(14.62)	Note
ADLINK Technology (China) Co., Ltd.	The Company	Parent company	(Sales)	(729,646)	(37.41)	Net 30 days	-	-	197,766	27.84	Note
The Company	ADLINK Technology (China) Co., Ltd.	Indirectly owned subsidiary	Purchases	729,646	25.26	Net 30 days	-	-	(197,766)	(16.00)	Note
ADLINK Technology (China) Co., Ltd.	Shanghai ADLINK Intelligence Technology Co., Ltd.	Fellow subsidiary	(Sales)	(515,381)	(26.42)	Net 90 days	-	-	344,776	48.53	Note
Shanghai ADLINK Intelligence Technology Co., Ltd.	ADLINK Technology (China) Co., Ltd.	Fellow subsidiary	Purchases	515,381	73.22	Net 90 days	-	-	(344,776)	(81.83)	Note

Note: It has been eliminated when preparing the consolidated financial statements.

TABLE 5

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

RECEIVABLES FROM RELATED PARTIES AMOUNTING TO AT LEAST NT$100 MILLION OR 20% OF THE PAID-IN CAPITAL

SEPTEMBER 30, 2025

(In Thousands of New Taiwan Dollars, Unless Stated Otherwise)

Company Name	Related Party	Relationship	Ending Balance	Turnover Rate	Overdue
					Amount	Actions Taken
The Company	Ampro ADLINK Technology Inc.	Indirectly owned subsidiary	Trade receivables $ 733,071
Other receivables -
$ 733,071	4.66	$ -	-	$ 321,857	$ -	Note 2
	ADLINK Technology GmbH	Indirectly owned subsidiary	Trade receivables $ 793,958
Other receivables 242
$ 794,200	1.85	$ -	-	$ 104,547	$ -	Note 2
	ADLINK Technology (China) Co., Ltd.	Indirectly owned subsidiary	Trade receivables $ 132,207
Other receivables 2,966
$ 135,173	0.73	$ -	-	$ 28,148	$ -	Note 2
ADLINK Technology (China) Co., Ltd.	The Company	Parent company	Trade receivables $ 197,766
Other receivables 383
$ 198,149	2.84	$ -	-	$ 99,024	$ -	Note 2
	Shanghai ADLINK Intelligence Technology Co., Ltd.	Same parent company	Trade receivables $ 344,776
Other receivables -
$ 344,776	2.03	$ -	-	$ 71,515	$ -	Note 2

Note 1: It was the subsequent amount received as of November 6, 2025.
Note 2: It has been eliminated when preparing the consolidated financial statements.

TABLE 6

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

INTERCOMPANY RELATIONSHIPS AND SIGNIFICANT TRANSACTIONS

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2025

(In Thousands of New Taiwan Dollars, Unless Stated Otherwise)

No. (Note 1)	Company Name	Counterparty	Relationship (Note 2)	Transaction Details			% of Total Sales or Assets (Note 3)
				Financial Statement Accounts	Amount (Note 4)	Transaction Terms
0	The Company	ADLINKTechnology Singapore Pte Ltd.	a	Trade receivables	$ 24,387	Based on regular terms	-
		ADLINKTechnology Singapore Pte Ltd.	a	Operating revenue	78,555	Based on regular terms	1
		ADLINK Technology Japan Corporation	a	Trade receivables	27,069	Based on regular terms	-
		ADLINK Technology Japan Corporation	a	Operating revenue	327,960	Based on regular terms	4
		ADLINK Technology Korea Ltd.	a	Trade receivables	30,999	Based on regular terms	-
		ADLINK Technology Korea Ltd.	a	Operating revenue	77,788	Based on regular terms	1
		Ampro ADLINK Technology Inc.	a	Trade receivables	733,071	Based on regular terms	6
		Ampro ADLINK Technology Inc.	a	Operating revenue	1,834,128	Based on regular terms	21
		ADLINK Technology GmbH	a	Trade receivables	793,958	Based on regular terms	6
		ADLINK Technology GmbH	a	Operating revenue	1,046,719	Based on regular terms	12
		ADLINK Technology GmbH	a	R & D design expense	24,811	Based on regular terms	-
		ADLINK Technology (China) Co., Ltd.	a	Trade receivables	132,207	Based on operating requirements	1
		ADLINK Technology (China) Co., Ltd.	a	Operating revenue	94,864	Based on regular terms	1
		ADLINK Technology (China) Co., Ltd.	a	Trade payables	197,766	Based on regular terms	2
		ADLINK Technology (China) Co., Ltd.	a	Purchases	729,646	Based on regular terms	8
		Dongguan Lingyao Electronic Technology Co., Ltd.	a	Trade payables	21,445	Based on regular terms	-
		Dongguan Lingyao Electronic Technology Co., Ltd.	a	Purchases	49,352	Based on regular terms	1
		Shanghai ADLINK Intelligence Technology Co., Ltd.	a	Operating revenue	123,009	Based on regular terms	1
		Shanghai ADLINK Intelligence Technology Co., Ltd.	a	Trade receivables	61,578	Based on regular terms	1
1	ADLINK International Co., Ltd.	ADLINK Technology (China) Co., Ltd.	c	Other receivables	30,615	Based on regular terms	-
2	Zettascale Technology Limited	ADLINK Technology Corporation	c	Operating revenue	12,462	Based on regular terms	-
3	Ampro ADLINK Technology Inc.	ADLINK Technology GmbH	c	Other receivables	62,184	Based on regular terms	1
4	ADLINK Technology (China) Co., Ltd.	Dongguan Lingyao Electronic Technology Co., Ltd.	c	Operating revenue	11,665	Based on regular terms	-
		Dongguan Lingyao Electronic Technology Co., Ltd.	c	Purchases	41,457	Based on regular terms	1
		Shanghai ADLINK Intelligence Technology Co., Ltd.	c	Trade receivables	344,776	Based on regular terms	3
		Shanghai ADLINK Intelligence Technology Co., Ltd.	c	Operating revenue	515,381	Based on regular terms	6
		Shanghai ADLINK Intelligence Technology Co., Ltd.	c	Rental income	15,246	Based on regular terms	-
		Shanghai ADLINK Intelligence Technology Co., Ltd.	c	Technical service expenses	105,741	Based on regular terms	1

(Continued)

Note 1: Intercompany relationships should be specified as below:
a. Fill in 0 for the parent company.
b. Subsidiaries fill in the number from 1 respectively.

Note 2: Transactions with related parties are specified as below:
a. Parent company to subsidiary.
b. Subsidiary to parent company.
c. Between subsidiaries.

Note 3: According to the account of transaction details, the percentage was calculated of total consolidated assets or total operating revenue, respectively.

Note 4: Disclosed intercompany transaction were amounting to at least NT$10,000 thousand.

Note 5: It has been eliminated when preparing the consolidated financial statements.

(Concluded)

51 -

TABLE 7

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

INFORMATION ON INVESTEES

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2025

(In Thousands of New Taiwan Dollars, Unless Stated Otherwise)

Investor	Investor	Location	Main Businesses and Products	Original Investment Amount		Balance as of September 30, 2025			Net Income (Loss) of the Investor	Share of Profit (Loss)	Note
				September 30, 2025	December 31, 2024	Shares	%	Carrying Amount
The Company	ADLINK International Co., Ltd.	Samsu	Investment activities	US$ 61,872	US$ 61,872	61,872,494	100.00	$ 1,951,899	$ 10,807	$ 10,807	Subsidiary (Note 6)
	ADLINK Technology Singapore Pte Ltd.	Singapore	Selling of industrial automatic control cards, industrial motherboards, etc.	SGD 659	SGD 659	7,659,200	100.00	318,777	19,989	19,989	Subsidiary (Note 6)
	ADLINK Technology Japan Corporation	Japan	Selling of industrial automatic control cards, industrial motherboards, etc.	JPY 98,000	JPY 98,000	1,960	100.00	97,433	(5,510)	(5,510)	Subsidiary (Note 6)
	ADLINK Technology Korea Ltd.	Korea	Selling of industrial automatic control cards, industrial motherboards, etc.	US$ 300	US$ 300	(Note 3)	100.00	34,376	4,134	4,134	Subsidiary (Note 6)
	Zettascale Technology Cayman Limited	Cayman Islands	Investment activities	GBP 9,050	GBP 9,050	61,155,000	100.00	42,845	(23,291)	(23,291)	Subsidiary (Note 6)
	ADLINK Edge Computing Limited	United Kingdom	Software development, authorization and service	GBP 500	GBP 500	500,000	100.00	6,544	(2,032)	(2,032)	Subsidiary (Note 6)
	JY Technology (Korea)	Korea	Selling of industrial automatic control cards, industrial motherboards, computers and peripherals, etc.	US$ 300	US$ 300	66,624	28.16	1,638	(16,415)	(500)	Associate
	Farobot Technology Ltd.	Cayman Islands	Investment activities	US$ 6,249	US$ 5,858	6,248,765	49.00	28,801	(54,366)	(26,639)	Associate
Farobot Technology Ltd.	Farobot Inc.	Taiwan	Manufacturing and selling and developing software of autonomous mobile robots	NT$ 475,882	NT$ 451,741	47,588,163	100.00	111,237	(54,792)	-	Associate
ADLINK International Co., Ltd.	ADLINK Technology (HK) Co., Ltd.	Hong Kong	Investment activities	US$ 24,255	US$ 24,255	24,255,369	100.00	US$ 50,749	US$ (160)	-	Indirectly owned subsidiary (Note 6)
	Ampro ADLINK Technology Inc.	California, USA	Manufacturing and selling of industrial computers	US$ 20,789	US$ 20,789	39,743,137	100.00	US$ 37,467	US$ 1,290	-	Indirectly owned subsidiary (Note 6)
	ADLINK Technology Holding GmbH	Germany	Investment activities	EUR 12,609	EUR 12,609	12,609,356	100.00	US$ (24,759)	US$ (877)	-	Indirectly owned subsidiary (Note 6)
ADLINK Technology Singapore Pte Ltd.	ADLINK Technology India Private Limited	India	Selling of industrial automatic control cards, industrial motherboards, etc.	INR 8,000	INR 8,000	800,000	100.00	SGD 208	SGD 169	-	Indirectly owned subsidiary (Notes 4 and 6)
	ADLINK Intelligence Technology Co., Limited	Hong Kong	Investment activities	US$ 4,200	US$ 4,200	4,200,000	100.00	SGD 4,146	SGD 1,070	-	Indirectly owned subsidiary (Notes 5 and 6)
Zettascale Technology Cayman Limited	Zettascale Technology Limited	United Kingdom	Software development, authorization and service	GBP 22,209	GBP 22,209	577,981,689	69.50	GBP 1,046	GBP (818)	-	Indirectly owned subsidiary (Note 6)
ADLINK Technology Holding GmbH	ADLINK Technology GmbH	Germany	Manufacturing and selling of industrial computers	EUR 12,409	EUR 12,409	750,000	100.00	EUR (21,180)	EUR (783)	-	Indirectly owned subsidiary (Note 6)
Ampro ADLINK Technology Inc.	ADLINK Technology Corporation	Massachusetts, USA	Software authorization and service	US$ 12,701	US$ 12,701	1,000	100.00	US$ (611)	US$ 57	-	Indirectly owned subsidiary (Note 6)
Zettascale Technology Limited	Zettascale Technology SARL	France	Software development, authorization and service	EUR 221	EUR 221	(Note 2)	100.00	EUR (2,618)	EUR (1,331)	-	Indirectly owned subsidiary (Note 6)
	Zettascale Technology OpenSplice B.V.	Netherlands	Software development	EUR 18	EUR 18	180	100.00	EUR 12	EUR -	-	Indirectly owned subsidiary (Note 6)

Note 1: Refer to Table 8 for information on investments in Mainland China.
Note 2: No number of shares were available on Zettascale Technology SARL's license except for its original investment amount.
Note 3: It is a limited company so that there is no record of the number of shares.
Note 4: ADLINK Technology India Private Limited was incorporated in January 2024.
Note 5: ADLINK Intelligence Technology Co., Limited was incorporated in May 2024.
Note 6: It has been eliminated when preparing the consolidated financial statements.

TABLE 8

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

INFORMATION ON INVESTMENTS IN MAINLAND CHINA

FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2025

(In Thousands of New Taiwan Dollars or Foreign Currency, Unless Stated Otherwise)

Investee Company	Main Businesses and Products	Paid-in Capital	Method of Investment (Note 1)	Accumulated Outward Remittance for Investment from Taiwan as of January 1, 2025	Remittance of Funds		Accumulated Outward Remittance for Investment from Taiwan as of September 30, 2025	Net Income (Loss) of the Investee	% Ownership of Direct or Indirect Investment	Investment Gain (Loss) (Note 2)	Carrying Amount as of September 30, 2025 (Note 2)	Accumulated Repatriation of Investment Income as of September 30, 2025	Note
					Outward	Inward
Shanghai ADLINK Intelligence Technology Co., Ltd.	Selling of industrial automatic control cards, industrial motherboards, etc.	US$ 4,200 (NT$ 127,974)	b. ADLINK Intelligence Technology Co., Limited	$ 4,200 (NT$ 127,974)	$ -	$ -	US$ 4,200 (NT$ 127,974)	CNY 5,901 (NT$ 25,433)	100.00	CNY 5,901 (NT$ 25,433)	CNY 22,911 (NT$ 97,830)	$ -	Note 9
ADLINK Technology (China) Co., Ltd.	Manufacturing and selling of industrial automatic control cards, industrial motherboards, etc.	US$ 26,670 (NT$ 812,635)	b. ADLINK Technology (HK) Co., Ltd.	HK$ 7,283 US$ 22,671 (NT$ 719,335) (Notes 5 and 7)	-	-	HK$ 7,283 US$ 22,671 (NT$ 719,335) (Notes 5 and 7)	CNY (1,132) (NT$ (4,879))	100.00	CNY (1,132) (NT$ (4,879))	CNY 360,300 (NT$ 1,538,481)	-	Note 9
Dongguan Lingyao Electronic Technology Co., Ltd.	Selling of electronic parts	CNY 2,000 (NT$ 8,540)	c. ADLINK Technology (China) Co., Ltd.	(Note 6)	-	-	(Note 6)	CNY 1,455 (NT$ 6,271)	100.00	CNY 1,455 (NT$ 6,271)	CNY 12,363 (NT$ 52,790)	-	Note 9
JY Technology (Shanghai)	Selling of industrial automatic control cards, industrial motherboards, etc.	CNY 49,892 (NT$ 213,039)	c. ADLINK Technology (China) Co., Ltd.	(Note 6)	-	-	(Note 6)	CNY (4,355) (NT$ (19,293))	-	CNY (790) (NT$ (3,623))	-	-	-
Accumulated Outward Remittance for Investments in Mainland China as of September 30, 2025	Investment Amounts Authorized by the Investment Commission, MOEA	Upper Limit on the Amount of Investments Stipulated by the Investment Commission, MOEA
---	---	---
$847,309 (HK$7,283, US$26,871)	$937,221 (HK$7,305, US$29,819)	$3,193,628 (Note 3)

Note 1: Methods of investment have the following type:
a. Direct investment in mainland China.
b. Indirect investment in mainland China through an existing company in a third region.
c. Other - direct investment in subsidiaries of mainland China.

Note 2: Except for ADLINK Technology (China) Co., Ltd., the others are all based on financial statements that have not been reviewed.

Note 3: Calculated based on 60% of the net equity of the latest financial statements of the Company as of September 30, 2025.

Note 4: Investment gain (loss) was translated into the New Taiwan dollar at the average rate of HK$1=NT$3.99, US$1=NT$31.17, CNY1=NT$4.31 for the nine months ended September 30, 2025; the others are translated into the New Taiwan dollars at the rates of HK$1=NT$3.92, US$1=NT$30.47, CNY1=NT$4.27 prevailing on September 30, 2025.

Note 5: Excluded the investment amount of HK$22 thousand in ADLINK Technology (China) Co., Ltd. and US$148 thousand in ADLINK Technology (China) Co., Ltd. from ADLINK Technology (HK) Co., Ltd.'s capital surplus.

Note 6: Excluded ADLINK Technology (China) Co., Ltd.'s investment amount, CNY2,000 thousand in Dongguan Lingyao Electronic Technology Co., Ltd. and CNY15,000 thousand in JY Technology (Shanghai), respectively.

Note 7: ADLINK Technology (Shenzhen) Co., Ltd. was liquidated in November 2020. ADLINK Technology (HK) Co., Ltd. withdrew the inward investment of US$2,850 thousand, which included the amounts of accumulated outward remittance of investment from Taiwan of HK$7,283 thousand and US$298 thousand. The Company indirectly invested in ADLINK Technology (China) Co., Ltd. through ADLINK Technology (HK) Co., Ltd.

Note 8: The Group reclassified JY Technology (Shanghai) from investments accounted for using the equity method to FVOCI in March 2025

Note 9: It has been eliminated when preparing the consolidated financial statements.

AI assistant

ADLINK — Interim / Quarterly Report 2025

52517_rns_2026-05-14_1080e97b-b02d-4100-b926-e4b477b069a5.pdf

INDEPENDENT AUDITORS' REVIEW REPORT

Introduction

Scope of Review

Basis for Qualified Conclusion

Qualified Conclusion

Notice to Readers

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

1. GENERAL INFORMATION

2. APPROVAL OF FINANCIAL STATEMENTS

3. APPLICATION OF NEW, AMENDED AND REVISED STANDARDS AND INTERPRETATIONS

4. SUMMARY OF MATERIAL ACCOUNTING POLICY INFORMATION

8. FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME

9. NOTES RECEIVABLE AND TRADE RECEIVABLES

11. SUBSIDIARIES

12. INVESTMENTS ACCOUNTED FOR USING THE EQUITY METHOD

13. PROPERTY, PLANT AND EQUIPMENT

14. LEASE ARRANGEMENTS

15. INVESTMENT PROPERTIES

16. INTANGIBLE ASSETS

17. BORROWINGS

18. TRADE PAYABLES

19. OTHER PAYABLES

20. EQUITY

22. NET PROFIT FOR THE YEAR

23. INCOME TAXES

24. EARNINGS (LOSS) PER SHARE

25. EMPLOYEE SHARE OPTION PLAN

26. CAPITAL MANAGEMENT

27. FINANCIAL INSTRUMENTS

b) Interest rate risk

Sensitivity analysis

2) Credit risk

28. TRANSACTIONS WITH RELATED PARTIES

31. SIGNIFICANT ASSETS AND LIABILITIES DENOMINATED IN FOREIGN CURRENCIES

32. SEPARATELY DISCLOSED ITEMS

33. SEGMENT INFORMATION

Segment Revenue and Results

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

ADLINK TECHNOLOGY INC. AND SUBSIDIARIES

More from ADLINK

ADLINK Interim / Quarterly Report 2025