AMTRAN — Audit Report / Information 2024

Dec 11, 2024

AMTRAN TECHNOLOGY CO., LTD.

PARENT COMPANY ONLY FINANCIAL

STATEMENTS AND INDEPENDENT AUDITORS’

REPORT DECEMBER 31, 2024 AND 2023

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For the convenience of readers and for information purpose only, the auditors’ report and the accompanying financial statements have been translated into English from the original Chinese version prepared and used in the Republic of China. In the event of any discrepancy between the English version and the original Chinese version or any differences in the interpretation of the two versions, the Chinese-language auditors’ report and financial statements shall prevail.

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AMTRAN TECHNOLOGY CO., LTD.

DECEMBER 31, 2024 AND 2023 PARENT COMPANY ONLY FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS’ REPORT

TABLE OF CONTENTS

Contents

Page/Number/Index

1. Cover Page 2. Table of Contents 3. Independent Auditors’ Report 4. Parent Company Only Balance Sheets 5. Parent Company Only Statements of Comprehensive Income 6. Parent Company Only Statements of Changes in Equity 7. Parent Company Only Statements of Cash Flows 8. Notes to the Parent Company Only Financial Statements (1) HISTORY AND ORGANISATION (2) THE DATE OF AUTHORISATION FOR ISSUANCE OF THE PARENT COMPANY ONLY FINANCIAL STATEMENTS AND PROCEDURES FOR AUTHORISATION (3) APPLICATION OF NEW STANDARDS, AMENDMENTS AND INTERPRETATIONS (4) SUMMARY OF MATERIAL ACCOUNTING POLICIES (5) CRITICAL ACCOUNTING JUDGEMENTS, ESTIMATES AND

1 2 ~ 4 5 ~ 11 12 ~ 13 14 15 16 ~ 17 18 ~ 74 18 18 18 ~ 20 20 ~ 31 31 ~ 32

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Contents Page/Number/Index

	KEY SOURCES OF ASSUMPTION UNCERTAINTY
	(6) DETAILS OF SIGNIFICANT ACCOUNTS	32 ~ 59
	(7) RELATED PARTY TRANSACTIONS	60 ~ 62
	(8) PLEDGED ASSETS	63
	(9) SIGNIFICANT CONTINGENT LIABILITIES AND	63
	UNRECOGNISED CONTRACT COMMITMENTS
	(10) SIGNIFICANT DISASTER LOSS	63
	(11) SIGNIFICANT EVENTS AFTER THE BALANCE SHEET DATE	63
	(12) OTHERS	63 ~ 73
	(13) SUPPLEMENTARY DISCLOSURES	73 ~ 74
	(14) SEGMENT INFORMATION	74
9.	Statements of Major Accounting Items
	Cash and Cash Equivalents	Statement 1
	Current Financial Assets At Fair Value Through Profit or loss	Statement 2
	Current financial assets at amortised cost	Note 6(1)
	Statement of Accounts Receivable (Including Related Parties)	Statement 3
	Other receivables due from related parties	Note 7
	Statement of Inventories	Statement 4
	Statement of Changes in Investments Accounted for Using the Equity	Statement 5
	Method
	Accounts payable to related parties	Note 7
	Other accounts payable	Note 6(13)

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Contents	Page/Number/Index
Statement of Operating Revenue Statement of Operating Costs Statement of Selling Expenses Statement of Administrative Expenses Statement of Research and Development Expense Summary Statement of Current Period Employee Benefits, Depreciation, and Amortization Expenses By Function	Statement 6 Statement 7 Statement 8 Statement 9 Statement 10 Statement 11

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INDEPENDENT AUDITORS’ REPORT TRANSLATED FROM CHINESE

To the Board of Directors and Stockholders of Amtran Technology Co., Ltd.

Opinion

We have audited the accompanying parent company only balance sheets of Amtran Technology Co., Ltd. (the “Company”) as at December 31, 2024 and 2023, and the related parent company only statements of comprehensive income, of changes in equity and of cash flows for the years then ended, and notes to the parent company only financial statements, including a summary of material accounting policies.

In our opinion, based on our audits and the report of other auditors (please refer to the Other matter section), the accompanying parent company only financial statements present fairly, in all material respects, the financial position of the Company as at December 31, 2024 and 2023, and its financial performance and its cash flows for the years then ended in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers.

Basis for opinion

We conducted our audits in accordance with the Regulations Governing Financial Statement Audit and Attestation Engagements of Certified Public Accountants and Standards on Auditing of the Republic of China. Our responsibilities under those standards are further described in the Auditors’ responsibilities for the audit of the parent company only financial statements section of our report. We are independent of the Company in accordance with the Norm of Professional Ethics for Certified Public Accountant of the Republic of China, and we have fulfilled our other ethical responsibilities in accordance with these requirements. Based on our audits and the report of other independent auditors,

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we believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Key audit matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the Company’s 2024 parent company only financial statements. These matters were addressed in the context of our audit of the parent company only financial statements as a whole and, in forming our opinion thereon, we do not provide a separate opinion on these matters.

Key audit matter for the Company’s 2024 parent company only financial statements is stated as follows:

Allowance for inventory valuation losses

Description

Refer to Note 4(12) for accounting policies on inventory valuation, Note 5(2) for the uncertainty of accounting estimates and assumptions applied on inventory valuation, and Note 6(5) for details of inventory. As at December 31, 2024, the balances of inventory and allowance for inventory valuation losses were NT$121,925 thousand and NT$3,186 thousand, respectively.

The Company is primarily engaged in manufacturing and sales of 3C electronic products. Due to rapid technology innovations, short lifespan of electronic products and fluctuations in market prices, there is a higher risk of inventory losses due from market value decline. The Company recognises inventories at the lower of cost and net realisable value, and identifies the net realisable value of separately identified inventories using the item by item approach in determining the lower of cost and net realisable value and corroborating against supporting documents those inventory items separately identified as obsolete and damaged in recognising valuation losses.

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As the net realisable value used in the valuation of obsolete and damaged inventories usually involves subjective judgement and high degree of uncertainty, and the amounts of inventories and allowance for inventory valuation losses are material to the financial statements, we considered the allowance for inventory valuation losses as a key audit matter.

How our audit addressed the matter

We performed the following audit procedures on the above key audit matter:

• A. Assessed the reasonableness and consistent application of provision policies and procedures on allowance for inventory valuation losses based on the understanding of the Company’s business and industrial nature;

• B. Obtained valuation statement of net realisable value of inventory, understood the calculation logic, verified relevant accounting records and selected samples from the data sources of net realisable value; and

• C. Obtained the details of obsolete and damaged inventories which were separately identified by management, examined relevant documents, verified accounting records in comparing the allowance for inventory valuation losses of prior period, and assessed the reasonableness of allowance for inventory valuation losses.

Other matter – Reference to the audits of other auditors

As described in Note 6(7), we did not audit the financial statements of an investment accounted for under the equity method which were audited by other auditors. Therefore, our opinion expressed herein, insofar as it relates to the amounts and information disclosed in Note 13 included in respect of this associate, is based solely on the report of the other auditors. The balance of this investment accounted for under the equity method amounted to NT$478,134 thousand and NT$438,880 thousand as at December 31, 2024 and 2023, respectively, and the comprehensive income recognised from associates and joint ventures accounted for under the equity method amounted to NT$37,301 thousand and NT$35,082 thousand for the years then ended, respectively.

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Responsibilities of management and those charged with governance for the financial statements

Management is responsible for the preparation and fair presentation of the parent company only financial statements in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and for such internal control as management determines is necessary to enable the preparation of parent company only financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the parent company only financial statements, management is responsible for assessing the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

Those charged with governance, including audit committee, are responsible for overseeing the Company’s financial reporting process.

Auditors’ responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the parent company only financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the Standards on Auditing of the Republic of China will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these parent company only financial statements.

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As part of an audit in accordance with the Standards on Auditing of the Republic of China, we exercise professional judgment and professional skepticism throughout the audit. We also:

• A. Identify and assess the risks of material misstatement of the parent company only financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

• B. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control.

• C. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.

• D. Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors’ report to the related disclosures in the parent company only financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors’ report. However, future events or conditions may cause the Company to cease to continue as a going concern.

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• E. Evaluate the overall presentation, structure and content of the parent company only financial statements, including the disclosures, and whether the parent company only financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

• F. Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Company to express an opinion on the parent company only financial statements. We are responsible for the direction, supervision and performance of the audit. We remain solely responsible for our audit opinion.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the parent company only financial statements of the current period and are therefore the key audit matters. We describe these

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matters in our auditors’ report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.

For and on Behalf of PricewaterhouseCoopers, Taiwan March 5, 2025

------------------------------------------------------------------------------------------------------------------------------The accompanying parent company only financial statements are not intended to present the financial position and results of operations and cash flows in accordance with accounting principles generally accepted in countries and jurisdictions other than the Republic of China. The standards, procedures and practices in the Republic of China governing the audit of such financial statements may differ from those generally accepted in countries and jurisdictions other than the Republic of China. Accordingly, the accompanying parent company only financial statements and independent auditors’ report are not intended for use by those who are not informed about the accounting principles or auditing standards generally accepted in the Republic of China, and their applications in practice.

As the financial statements are the responsibility of the management, PricewaterhouseCoopers cannot accept any liability for the use of, or reliance on, the English translation or for any errors or misunderstandings that may derive from the translation.

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AMTRAN TECHNOLOGY CO., LTD. PARENT COMPANY ONLY BALANCE SHEETS DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

Assets	Notes 6(1) 6(2) 6(3) 6(1) 6(4) 7 7 6(5) 6(6) 6(7) 6(8) 6(9) 6(10) 6(11) 6(24) 7	December 31, 2024 AMOUNT % $ 2,792,596 13 1,101,003 5 66,541 - 1,614,860 8 3,502,856 16 189,291 1 28,200 - 2,905,616 14 118,739 1 130,750 1 12,450,452 59 7,658,291 36 375,593 2 25,541 - 573,922 2 10,899 - 156,109 1 17,309 - 8,817,664 41 $ 21,268,116 100	December 31, 2023	December 31, 2023
		AMOUNT $ 2,792,596 1,101,003 66,541 1,614,860 3,502,856 189,291 28,200 2,905,616 118,739 130,750 12,450,452 7,658,291 375,593 25,541 573,922 10,899 156,109 17,309 8,817,664 $ 21,268,116	AMOUNT $ 2,995,800 2,075,480 182,603 1,744,140 2,671,882 218,987 23,634 1,971,295 144,408 87,781 12,116,010 7,117,253 342,340 15,969 585,073 11,217 127,681 14,599 8,214,132 $ 20,330,142	%
Current assets 1100 Cash and cash equivalents 1110 Financial assets at fair value through profit or loss - current 1120 Current financial assets at fair value through other comprehensive income 1136 Current financial assets at amortised cost 1170 Accounts receivable, net 1180 Accounts receivable - related parties 1200 Other receivables 1210 Other receivables due from related parties 130X Inventory 1410 Prepayments 11XX Total current assets Non-current assets 1550 Investments accounted for under equity method 1600 Property, plant and equipment 1755 Right-of-use assets 1760 Investment property - net 1780 Intangible assets 1840 Deferred income tax assets 1900 Other non-current assets 15XX Total non-current assets 1XXX Total assets				15 10 1 9 13 1 - 10 1 -
				60
				35 2 - 3 - - -
				40
				100

(Continued)

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AMTRAN TECHNOLOGY CO., LTD. PARENT COMPANY ONLY BALANCE SHEETS DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

Liabilities and Equity	Notes 6(12) 6(20) 7 6(13) and 7 6(15) 6(24) 6(14) 6(16) 6(17) 6(18) 6(19) 9 11	December 31, 2024 December 31, 2023 AMOUNT % AMOUNT % $ 600,000 3 $ 400,000 2 17 - 54,030 - 15,170 - 1,095 - 3,634,436 17 3,547,217 17 2,088,818 10 2,008,890 10 242,028 1 168,610 1 92,130 1 84,912 - 17,078 - 11,311 - 440,587 2 371,476 2 7,130,264 34 6,647,541 32 213,497 1 286,781 2 8,610 - 4,350 - 70,287 - 75,923 - 292,394 1 367,054 2 7,422,658 35 7,014,595 34 6,800,000 32 7,401,000 37 2,261,663 11 2,261,663 11 2,122,911 10 2,078,338 10 227,313 1 254,690 1 2,420,409 11 1,547,168 8 13,162 - ( 227,312) ( 1 ) 13,845,458 65 13,315,547 66 $ 21,268,116 100 $ 20,330,142 100
		AMOUNT $ 600,000 17 15,170 3,634,436 2,088,818 242,028 92,130 17,078 440,587 7,130,264 213,497 8,610 70,287 292,394 7,422,658 6,800,000 2,261,663 2,122,911 227,313 2,420,409 13,162 13,845,458 $ 21,268,116
Current liabilities 2100 Short-term borrowings 2130 Current contract liabilities 2170 Accounts payable 2180 Accounts payable - related parties 2200 Other payables 2230 Current income tax liabilities 2250 Provisions for liabilities - current 2280 Current lease liabilities 2300 Other current liabilities 21XX Total current liabilities Non-current liabilities 2570 Deferred income tax liabilities 2580 Non-current lease liabilities 2600 Other non-current liabilities 25XX Total non-current liabilities 2XXX Total liabilities Equity Share capital 3110 Common stock Capital surplus 3200 Capital surplus Retained earnings 3310 Legal reserve 3320 Special reserve 3350 Unappropriated retained earnings Other equity interest 3400 Other equity interest 3XXX Total equity Commitments and Contingent Liabilities Subsequent Events 3X2X Total liabilities and equity

The accompanying notes are an integral part of these parent company only financial statements.

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AMTRAN TECHNOLOGY CO., LTD. PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME YEARS ENDED DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

Items

Year ended December 31 2024 2023 Notes AMOUNT % AMOUNT % 6(20) and 7 $ 19,685,795 100 $ 12,994,525 100 6(5) and 7 ( 18,378,417) ( 93) ( 12,099,119) ( 93) 1,307,378 7 895,406 7 6(23) ( 308,790) ( 2) ( 198,920) ( 1) ( 288,609) ( 2) ( 227,216) ( 2) ( 669,196) ( 3) ( 508,547) ( 4) ( 1,266,595) ( 7) ( 934,683) ( 7) 40,783 - ( 39,277) - 157,818 1 101,305 1 6(21) 125,993 1 128,813 1 6(22) 838,650 4 67,606 - ( 10,817) - ( 7,015) - 6(7) 371,280 2 270,947 2 1,482,924 8 561,656 4 1,523,707 8 522,379 4 6(24) ( 235,372) ( 1) ( 76,224) - $ 1,288,335 7 $ 446,155 4 6(14) $ 5,171 - ($ 532) - 6(19) 32,175 - 14,434 - ( 1,034) - 106 - 36,312 - 14,008 - 6(19) 196,096 1 20,692 - 6(19) 7,077 - ( 3,943) - 6(19) 5,126 - ( 3,805) - 208,299 1 12,944 - $ 244,611 1 $ 26,952 - $ 1,532,946 8 $ 473,107 4 6(25) $ 1.80 $ 0.58 6(25) $ 1.79 $ 0.58

4000 Sales revenue 5000 Operating costs 5900 Net operating margin Operating expenses 6100 Selling expenses 6200 General and administrative expenses 6300 Research and development expenses 6000 Total operating expenses 6900 Operating profit (loss) Non-operating income and expenses 7100 Interest income 7010 Other income 7020 Other gains and losses 7050 Finance costs 7070 Share of profit of associates and joint ventures accounted for using equity method, net 7000 Total non-operating income and expenses 7900 Profit before income tax 7950 Income tax expense 8200 Profit for the year Other comprehensive income Components of other comprehensive income that will not be reclassified to profit or loss 8311 Actuarial gains (losses) on defined benefit plan 8330 Share of other comprehensive income of associates and joint ventures accounted for using equity method, components of other comprehensive income that will not be reclassified to profit or loss 8349 Income tax related to components of other comprehensive income that will not be reclassified to profit or loss 8310 Other comprehensive income that will be reclassified to profit or loss Components of other comprehensive income that will be reclassified to profit or loss 8361 Financial statements translation differences of foreign operations 8367 Unrealised gains (losses) from investments in debt instruments measured at fair value through other comprehensive income 8380 Share of other comprehensive income (loss) of associates and joint ventures accounted for using equity method, components of other comprehensive income that will be reclassified to profit or loss 8360 Other comprehensive income that will be reclassified to profit or loss 8300 Other comprehensive income for the year 8500 Total comprehensive income for the year Earnings per share (in dollars) 9750 Basic earnings per share 9850 Diluted earnings per share

The accompanying notes are an integral part of these parent company only financial statements.

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AMTRAN TECHNOLOGY CO., LTD. PARENT COMPANY ONLY STATEMENTS OF CHANGES IN EQUITY YEARS ENDED DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

Year ended December 31, 2023 Balance at January 1, 2023 Profit for the year ended December 31, 2023 Other comprehensive income (loss) for the year ended December 31, 2023 Total comprehensive income Reversal of special reserve Capital reduction Purchase of treasury shares and retirement Balance at December 31, 2023 Year ended December 31, 2024 Balance at January 1, 2024 Profit for the year ended December 31, 2024 Other comprehensive income for the year ended December 31, 2024 Total comprehensive income Appropriations of 2023 net income Legal reserve Reversal of special reserve Cash dividends Changes in investments accounted for using equity method Capital reduction Year ended December 31, 2024	Notes		Share capital - common stock	Total capital surplus, additional paid-in capital				Retained Earnings		Other equity interest	Other equity interest		Total equity
						Legal reserve		Special reserve	Total unappropriated retained earnings (accumulated deficit)	Financial statements translation differences of foreign operations	Unrealised gains (losses) from financial assets measured at fair value through other comprehensive income
	6(19) 6(16) 6(16)(17) 6(19) 6(18) 6(16)	$ 7,980,000 - - - - ( 399,000 ) ( 180,000 ) $ 7,401,000 $ 7,401,000 - - - - - - - ( 601,000 ) $ 6,800,000		$ 2,293,509 - - - - - ( 31,846 ) $ 2,261,663 $ 2,261,663 - - - - - - - - $ 2,261,663		$ 2,078,338 - - - - - - $ 2,078,338 $ 2,078,338 - - - 44,573 - - - - $ 2,122,911	$ 342,484 - - - ( 87,794 ) - - $ 254,690 $ 254,690 - - - - ( 27,377 ) - - - $ 227,313		$ 1,013,645 446,155 ( 426 ) 445,729 87,794 - - $ 1,547,168 $ 1,547,168 1,288,335 4,137 1,292,472 ( 44,573 ) 27,377 ( 401,200 ) ( 835 ) - $ 2,420,409	($ 200,300 ) - 16,887 16,887 - - - ($ 183,413 ) ($ 183,413 ) - 201,222 201,222 - - - - - $ 17,809	($ 54,390 ) - 10,491 10,491 - - - ($ 43,899 ) ($ 43,899 ) - 39,252 39,252 - - - - - ($ 4,647 )	$ 13,453,286 446,155 26,952 473,107 - ( 399,000 ) ( 211,846 ) $ 13,315,547 $ 13,315,547 1,288,335 244,611 1,532,946 - - ( 401,200 ) ( 835 ) ( 601,000 ) $ 13,845,458

The accompanying notes are an integral part of these parent company only financial statements.

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AMTRAN TECHNOLOGY CO., LTD. PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS

YEARS ENDED DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

CASH FLOWS FROM OPERATING ACTIVITIES Profit before tax Adjustments Adjustments to reconcile profit (loss) Depreciation (including investment property and right-of-use assets) Amortisation Net gain on financial assets at fair value through profit or loss Net gain on financial assets at fair value through other comprehensive income Share of profit of associates and joint ventures Gain on liquidation of equity method investments Losses on impairment Interest expense Interest income Dividend income Gain from lease modification Changes in operating assets and liabilities Changes in operating assets Financial assets mandatorily measued at fair value through profit or loss Current financial assets at fair value through other comprehensive income Accounts receivable Accounts receivable-related parties Other receivables Other receivables-related parties Inventory Prepayments Changes in operating liabilities Contract liabilities Accounts payable Accounts payable-related paties Other payables Other current liabilities Provisions for liabilities - current Accrued pension liabilities Cash inflow generated from operations Interest received Interest paid Dividends received Income tax paid Net cash flows from operating activities

YearendedDecember 31 Notes 2024 2023 $ 1,523,707 $ 522,379 6(23) 38,053 35,569 6(23) 17,376 17,923 6(2)(22) ( 702,778 ) ( 139,704 ) 6(3) ( 5,960 ) - 6(7) ( 371,280 ) ( 270,947 ) 6(22) ( 437 ) - 6(22) 6,919 41,140 10,817 7,015 ( 157,818 ) ( 101,305 ) 6(21) ( 21,361 ) ( 33,724 ) 6(22) ( 34 ) - 1,677,254 1,334,757 129,100 ( 186,546 ) ( 830,974 ) ( 1,042,427 ) 29,696 ( 52,294 ) ( 4,812 ) ( 213 ) ( 934,321 ) ( 507,931 ) 25,669 ( 56,801 ) ( 42,969 ) ( 26,732 ) ( 54,013 ) 11,442 14,075 ( 8,989 ) 87,219 1,674,433 79,685 334,309 69,111 257,635 7,218 ( 15,233 ) ( 465 ) ( 623 ) 588,677 1,793,133 156,200 83,990 ( 10,574 ) ( 7,103 ) 71,414 33,724 ( 264,700 ) ( 176,272 ) 541,017 1,727,472

(Continued)

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AMTRAN TECHNOLOGY CO., LTD. PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS YEARS ENDED DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

CASH FLOWS FROM INVESTING ACTIVITIES Acquisition of financial assets at amortised cost Proceeds from repayments of financial assets at amortised cost Liquidation of investment accounted for using equity method Proceeds from capital reduction of investments accounted for using equity method Acquisition of investments accounted for using equity method Acquisition of property, plant and equipment (including investment property) Acquisition of intangible assets Increase in other non-current assets Prepayments for investments Increase in refundable deposits Net cash flows from (used in) investing activities CASH FLOWS FROM FINANCING ACTIVITIES Increase in short-term borrowings Payments of lease liabilities Decrease in refundable deposit Cash reduction Purchase of treasury shares Cash dividends paid Net cash flows used in financing activities Net decrease in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year

YearendedDecember 31 Notes 2024 2023 ($ 1,614,860 ) ($ 1,744,140 ) 1,744,140 607,100 2,301 - 6(7) 5,832 13,120 - ( 715,973 ) 6(8)(10) ( 45,153 ) ( 31,105 ) 6(11) ( 17,058 ) ( 14,109 ) - ( 791 ) - ( 6,468 ) ( 2,710 ) ( 1,434 ) 72,492 ( 1,893,800 ) 200,000 - ( 14,513 ) ( 12,792 ) - ( 6,170 ) 6(16) ( 601,000 ) ( 399,000 ) 6(16) - ( 211,846 ) 6(18) ( 401,200 ) - ( 816,713 ) ( 629,808 ) ( 203,204 ) ( 796,136 ) 6(1) 2,995,800 3,791,936 6(1) $ 2,792,596 $ 2,995,800

The accompanying notes are an integral part of these parent company only financial statements.

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AMTRAN TECHNOLOGY CO., LTD. NOTES TO THE PARENT COMPANY ONLY FINANCIAL STATEMENTS YEARS ENDED DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

1. HISTORY AND ORGANISATION

Amtran Technology Co., Ltd. (the “Company”) was incorporated on August 11, 1994 and started its operations in January 1995. The Company is primarily engaged in the design, manufacture and sales of monitors, digital TV, computers and computer peripherals. As of December 31, 2024 and 2023, the Company had 483 and 437 employees, respectively.

1. THE DATE OF AUTHORISATION FOR ISSUANCE OF THE PARENT COMPANY ONLY FINANCIAL STATEMENTS AND PROCEDURES FOR AUTHORISATION

These parent company only financial statements were authorised for issuance by the Board of Directors on March 5, 2025.

3. APPLICATION OF NEW STANDARDS, AMENDMENTS AND INTERPRETATIONS

• (1) Effect of the adoption of new issuances of or amendments to International Financial Reporting Standards (“IFRS®”) Accounting Standards that came into effect as endorsed by the Financial Supervisory Commission (“FSC”)

New standards, interpretations and amendments endorsed by the FSC and became effective from 2024 are as follows:

2024 are as follows:
	Effective date by
	International Accounting
New Standards, Interpretations and Amendments	StandardsBoard
Amendments to IFRS 16, ‘Lease liability in a sale and leaseback’	January 1, 2024
Amendments to IAS 1, ‘Classification of liabilities as current or non-	January 1, 2024
current’
Amendments to IAS 1, ‘Non-current liabilities with covenants’	January 1, 2024
Amendments to IAS 7 and IFRS 7, ‘Supplier finance arrangements’	January 1, 2024

The above standards and interpretations have no significant impact to the Company’s financial condition and financial performance based on the Company’s assessment.

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(2) Effect of new issuances of or amendments to IFRS Accounting Standards as endorsed by the FSC but

not yet adopted by the Company

New standards, interpretations and amendments endorsed by the FSC and will become effective from 2025 are as follows:

2025 are as follows:
	Effective date by
	International Accounting
New Standards,Interpretations andAmendments	Standards Board
Amendments to IAS 21, ‘Lack of exchangeability’	January 1, 2025

The above standards and interpretations have no significant impact to the Company’s financial condition and financial performance based on the Company’s assessment.

(3) IFRS Accounting Standards issued by IASB but not yet endorsed by the FSC

New standards, interpretations and amendments issued by the IASB but not yet included in the IFRS Accounting Standards as endorsed by the FSC are as follows:

==> picture [486 x 47] intentionally omitted <==

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Effective date by
International Accounting
New Standards, Interpretations and Amendments Standards Board
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New standards, interpretations and amendments issued by the IASB but Accounting Standards as endorsed by the FSC are as follows: New Standards, Interpretations and Amendments	not yet included in the IFRS Effective date by International Accounting Standards Board
Amendments to IFRS 9 and IFRS 7, ‘Amendments to the classification	January 1, 2026
and measurement of financial instruments’
Amendments to IFRS 9 and IFRS 7,‘Contracts referencing nature-	January 1, 2026
dependent electricity’
Amendments to IFRS 10 and IAS 28, ‘Sale or contribution of assets	To be determined by
between an investor and its associate or joint venture’	International Accounting
	Standards Board
IFRS 17, ‘Insurance contracts’	January 1, 2023
Amendments to IFRS 17, ‘Insurance contracts’	January 1, 2023
Amendment to IFRS 17, ‘Initial application of IFRS 17 and IFRS 9 –	January 1, 2023
comparative information’
IFRS 18, ‘Presentation and disclosure in financial statements’	January 1, 2027
IFRS 19, ‘Subsidiaries without public accountability: disclosures’	January 1, 2027
Annual Improvements to IFRS Accounting Standards—Volume 11	January 1, 2026

Except for the following, the above standards and interpretations have no significant impact to the Group’s financial condition and financial performance based on the Group’s assessment:

• A. IFRS 18, ‘Presentation and disclosure in financial statements’

IFRS 18, ‘Presentation and disclosure in financial statements’ replaces IAS 1. The standard introduces a defined structure of the statement of profit or loss, disclosure requirements related to management-defined performance measures, and enhanced principles on aggregation and disaggregation which apply to the primary financial statements and notes.

• B. Amendments to IFRS 9 and IFRS 7, ‘Amendments to the classification and measurement of financial instruments’

The IASB issued the amendments to update the disclosures for equity instruments designated at

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fair value through other comprehensive income (FVOCI). The entity shall disclose the fair value of each class of investment and is no longer required to disclose the fair value of each investment. In addition, the amendments require the entity to disclose the fair value gain or loss presented in other comprehensive income during the period, showing separately the fair value gain or loss related to investments derecognised during the reporting period and the fair value gain or loss related to investments held at the end of the reporting period; and any transfers of the cumulative gain or loss within equity during the reporting period related to the investments derecognised during that reporting period.

4. SUMMARY OF MATERIAL ACCOUNTING POLICIES

The principal accounting policies applied in the preparation of these parent company only financial statements are set out below. These policies have been consistently applied to all the periods presented, unless otherwise stated.

(1) Compliance statement

The parent company only financial statements of the Company have been prepared in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers.

• (2) Basis of preparation

• A. Except for the following items, the parent company only financial statements have been prepared under the historical cost convention:

  • (a) Financial assets and financial liabilities (including derivative instruments) at fair value through profit or loss.

  • (b) Financial assets measured at fair value through other comprehensive income.

  • (c) Defined benefit liabilities recognised based on the net amount of pension fund assets less present value of defined benefit obligation.

• B. The preparation of financial statements in conformity with International Financial Reporting Standards, International Accounting Standards, IFRIC® Interpretations, and SIC® Interpretations that came into effect as endorsed by the FSC (collectively referred herein as the “IFRSs”) requires the use of certain critical accounting estimates. It also requires management to exercise its judgment in the process of applying the Company’s accounting policies. The areas involving a higher degree of judgment or complexity, or areas where assumptions and estimates are significant to the parent company only financial statements are disclosed in Note 5.

(3) Foreign currency translation

Items included in the parent company only financial statements of the Company are measured using the currency of the primary economic environment in which the Company operates (the “functional currency”). The parent company only financial statements are presented in New Taiwan Dollars, which is the Company’s functional and presentation currency.

• A. Foreign currency transactions and balances

• (a) Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions. Foreign exchange gains and losses resulting

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from the settlement of such transactions are recognised in profit or loss in the period in which they arise.

  - (b) Monetary assets and liabilities denominated in foreign currencies at the period end are retranslated at the exchange rates prevailing at the balance sheet date. Exchange differences arising upon re-translation at the balance sheet date are recognised in profit or loss.

  - (c) Non-monetary assets and liabilities denominated in foreign currencies held at fair value through profit or loss are re-translated at the exchange rates prevailing at the balance sheet date; their translation differences are recognised in profit or loss. Non-monetary assets and liabilities denominated in foreign currencies held at fair value through other comprehensive income are re-translated at the exchange rates prevailing at the balance sheet date; their translation differences are recognised in other comprehensive income. However, nonmonetary assets and liabilities denominated in foreign currencies that are not measured at fair value are translated using the historical exchange rates at the dates of the initial transactions.

  - (d) All foreign exchange gains and losses are presented in the statement of income within other gains or losses.

• B. Translation of foreign operations

  • (a) The operating results and financial position of all the Company entities, associates and jointly controlled entities that have a functional currency different from the presentation currency are translated into the presentation currency as follows:

    • i. Assets and liabilities for each balance sheet presented are translated at the closing exchange rate at the date of that balance sheet;

    • ii. Income and expenses for each statement of comprehensive income are translated at average exchange rates of that period; and

    • iii. All resulting exchange differences are recognised in other comprehensive income.

  • (b) When the foreign operation partially disposed of or sold is an associate, exchange differences that were recorded in other comprehensive income are proportionately reclassified to profit or loss as part of the gain or loss on sale.

  • (c) When the foreign operation partially disposed of or sold is a subsidiary, cumulative exchange differences that were recorded in other comprehensive income are proportionately transferred to the non-controlling interest in this foreign operation.

• (4) Classification of current and non-current items

• A. Assets that meet one of the following criteria are classified as current assets:

  • (a) Assets arising from operating activities that are expected to be realised, or are intended to be sold or consumed within the normal operating cycle;

  • (b) Assets held mainly for trading purposes;

  • (c) Assets that are expected to be realised within twelve months from the balance sheet date;

  • (d) Cash and cash equivalents, excluding restricted cash and cash equivalents and those that are to be exchanged or used to pay off liabilities more than twelve months after the balance sheet

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date.

The Company classifies all assets that do not meet the above criteria as non-current assets.

• B. Liabilities that meet one of the following criteria are classified as current liabilities:

• (a) Liabilities that are expected to be settled within the normal operating cycle;

• (b) Liabilities arising mainly from trading activities;

• (c) Liabilities that are to be settled within twelve months from the balance sheet date;

• (d) It does not have the right at the end of the reporting period to defer settlement of the liability at least twelve months after the reporting period.

The Company classifies all liabilities that do not meet the above criteria as non-current liabilities.

• (5) Cash equivalents

Cash equivalents refer to short-term highly liquid investments that are readily convertible to known amount of cash and subject to an insignificant risk of changes in value. Time deposits that meet the definition above and are held for the purpose of meeting short-term cash commitment in operations are classified as cash equivalents.

• (6) Financial assets at fair value through profit or loss

• A. Financial assets at fair value through profit or loss are financial assets that are not measured at amortised cost or fair value through other comprehensive income.

• B. On a regular way purchase or sale basis, financial assets at fair value through profit or loss are recognised and derecognised using trade date accounting.

• C. At initial recognition, the Company measures the financial assets at fair value and recognises the transaction costs in profit or loss. The Company subsequently measures the financial assets at fair value, and recognises the gain or loss in profit or loss.

• D. The Company recognises the dividend income when the right to receive payment is established, future economic benefits associated with the dividend will flow to the Company and the amount of the dividend can be measured reliably.

• (7) Financial assets at fair value through other comprehensive income

• A. Financial assets at fair value through other comprehensive income comprise equity securities which are not held for trading, and for which the Group has made an irrevocable election at initial recognition to recognise changes in fair value in other comprehensive income which meet all of the following criteria:

• (1) The objective of the Group’s business model is achieved both by collecting contractual cash

• flows and selling financial assets; and

  • (2) The assets’ contractual cash flows represent solely payments of principal and interest.

• B. On a regular way purchase or sale basis, financial assets at fair value through other comprehensive income are recognised and derecognised using trade date accounting.

• C. At initial recognition, the Company measures the financial assets at fair value plus transaction costs. The Company subsequently measures the financial assets at fair value:

  • (1) The changes in fair value of equity investments that were recognised in other comprehensive

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income are reclassified to retained earnings and are not reclassified to profit or loss following the derecognition of the investment. Dividends are recognised as revenue when the right to receive payment is established, future economic benefits associated with the dividend will flow to the Company and the amount of the dividend can be measured reliably.

  - (2) Except for the recognition of impairment loss, interest income and gain or loss on foreign exchange which are recognised in profit or loss, the changes in fair value of debt instruments are taken through other comprehensive income. When the financial asset is derecognised, the cumulative gain or loss previously recognised in other comprehensive income is reclassified from equity to profit or loss.

• (8) Accounts and notes receivable

• A. Accounts and notes receivable entitle the Company a legal right to receive consideration in exchange for transferred goods or rendered services.

• B. The short-term accounts and notes receivable without bearing interest are subsequently measured at initial invoice amount as the effect of discounting is immaterial.

• (9) Impairment of financial assets

For financial assets at amortised cost including accounts receivable that have a significant financing component, at each reporting date, the Company recognises the impairment provision for 12 months expected credit losses if there has not been a significant increase in credit risk since initial recognition or recognises the impairment provision for the lifetime expected credit losses (ECLs) if such credit risk has increased since initial recognition after taking into consideration all reasonable and verifiable information that includes forecasts. On the other hand, for accounts receivable or contract assets that do not contain a significant financing component, the Company recognises the impairment provision for lifetime ECLs.

(10) Derecognition of financial assets

The Company derecognises a financial asset when one of the following conditions is met:

• A. The contractual rights to receive cash flows from the financial asset expire.

• B. The contractual rights to receive cash flows from the financial asset have been transferred and the Company has transferred substantially all risks and rewards of ownership of the financial asset.

• C. The contractual rights to receive cash flows from the financial asset have been transferred and the Company has not retained control of the financial asset.

– (11) Leasing arrangements (lessor) operating leases

Lease income from an operating lease (net of any incentives given to the lessee) is recognised in profit or loss on a straight-line basis over the lease term.

(12) Inventories

Inventories are stated at the lower of cost and net realisable value. Cost is determined using the weighted-average method. The cost of finished goods and work in process comprises raw materials, direct labor, other direct costs and related production overheads (allocated based on normal

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operating capacity). It excludes borrowing costs. The item by item approach is used in applying the lower of cost and net realisable value. Net realisable value is the estimated selling price in the ordinary course of business, less the estimated cost of completion and applicable variable selling expenses.

(13) Investments accounted for using equity method / subsidiaries and associates

• A. Subsidiaries are all entities (including structured entities) controlled by the Company. The Company controls an entity when the Company is exposed, or has rights, to variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity.

• B. Inter-company transactions, balances and unrealised gains or losses on transactions between the Company and subsidiaries are eliminated. Accounting policies of subsidiaries are consistent with the policies adopted by the Company.

• C. The Company’s share of its subsidiaries’ post-acquisition profits or losses is recognised in profit or loss, and its share of post-acquisition movements in other comprehensive income is recognised in other comprehensive income. When the Company’s share of losses in a subsidiary equals or exceeds its interest in the subsidiary, the Company recognise loss continuously in proportion to its ownership.

• D. Associates are all entities over which the Company has significant influence but not control. In general, it is presumed that the investor has significant influence, if an investor holds, directly or indirectly 20 per cent or more of the voting power of the investee. Investments in associates are accounted for using the equity method and are initially recognised at cost.

• E. The Company’s share of its associates’ post-acquisition profits or losses is recognised in profit or loss, and its share of post-acquisition movements in other comprehensive income is recognised in other comprehensive income. When the Company’s share of losses in an associate equals or exceeds its interest in the associate, including any other unsecured receivables, the Company does not recognise further losses, unless it has incurred legal or constructive obligations or made payments on behalf of the associate.When changes in an associate’s equity do not arise from profit or loss or other comprehensive income of the associate and such changes do not affect the Company’s ownership percentage of the associate, the Company recognises the change in ownership interest in the associate in ‘capital surplus’ in proportion to its ownership.

• F. Unrealised gains on transactions between the Company and its associates are eliminated to the extent of the Company’s interest in the associates. Unrealised losses are also eliminated unless the transaction provides evidence of an impairment of the asset transferred. Accounting policies of associates have been adjusted where necessary to ensure consistency with the policies adopted by the Company.

• G. When the Company disposes its investment in an associate and loses significant influence over this associate, the amounts previously recognised in other comprehensive income in relation to the associate are reclassified to profit or loss, on the same basis as would be required if the

~24~

relevant assets or liabilities were disposed of. If it retains significant influence over this associate, the amounts previously recognised in other comprehensive income in relation to the associate are reclassified to profit or loss proportionately in accordance with the aforementioned approach.

• H. When the Company disposes its investment in an associate and loses significant influence over this associate, the amounts previously recognised as capital surplus in relation to the associate are transferred to profit or loss.

• I. In accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers, the profit or loss and other comprehensive income or loss presented on the parent company only financial statements are consistent with those presented in the consolidated financial statements. In addition, owner’s equity presented in the parent company only financial statements is consistent with equity attributable to owners of parent presented in the consolidated financial statements.

• (14) Property, plant and equipment

• A. Property, plant and equipment are initially recorded at cost. Borrowing costs incurred during the construction period are capitalised.

• B. Subsequent costs are included in the asset’s carrying amount or recognised as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the Company and the cost of the item can be measured reliably. The carrying amount of the replaced part is derecognised. All other repairs and maintenance are charged to profit or loss during the financial period in which they are incurred.

• C. Land is not depreciated. Other property, plant and equipment apply cost model and are depreciated using the straight-line method to allocate their cost over their estimated useful lives. Each part of an item of property, plant and equipment with a cost that is significant in relation to the total cost of the item must be depreciated separately.

• D. The assets’ residual values, useful lives and depreciation methods are reviewed, and adjusted if appropriate, at each balance sheet date. If expectations for the assets’ residual values and useful lives differ from previous estimates or the patterns of consumption of the assets’ future economic benefits embodied in the assets have changed significantly, any change is accounted for as a change in estimate under IAS 8, ‘Accounting Policies, Changes in Accounting Estimates and Errors’, from the date of the change.

The estimated useful lives of property, plant and equipment are as follows:

Buildings and structures 3 ~ 50 years Transportation equipment 5 years Furniture and fixtures 3 ~ 5 years Other equipment 3 years

(15) Leasing arrangements (lessee) - right-of-use assets / lease liabilities

• A. Leases are recognised as a right-of-use asset and a corresponding lease liability at the date at which the leased asset is available for use by the Company. For short-term leases or leases of

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low-value assets, lease payments are recognised as an expense on a straight-line basis over the lease term.

• B. Lease liabilities include the net present value of the remaining lease payments at the commencement date, discounted using the incremental borrowing interest rate. Lease payments are comprised of the following:

• (a) Fixed payments, less any lease incentives receivable;

• (b) Variable lease payments that depend on an index or a rate;

• (c) Amounts expected to be payable by the lessee under residual value guarantees;

• (d) The exercise price of a purchase option, if the lessee is reasonably certain to exercise that option; and

• (e) Payments of penalties for terminating the lease, if the lease term reflects the lessee exercising that option.

The Company subsequently measures the lease liability at amortised cost using the interest method and recognises interest expense over the lease term. The lease liability is remeasured and the amount of remeasurement is recognised as an adjustment to the right-of-use asset when there are changes in the lease term or lease payments and such changes do not arise from contract modifications.

• C. At the commencement date, the right-of-use asset is stated at cost comprising the following:

• (a) The amount of the initial measurement of lease liability;

• (b) Any lease payments made at or before the commencement date;

• (c) Any initial direct costs incurred by the lessee; and

• (d) An estimate of costs to be incurred by the lessee in dismantling and removing the underlying asset, restoring the site on which it is located or restoring the underlying asset to the condition required by the terms and conditions of the lease.

The right-of-use asset is measured subsequently using the cost model and is depreciated from the commencement date to the earlier of the end of the asset’s useful life or the end of the lease term. When the lease liability is remeasured, the amount of remeasurement is recognised as an adjustment to the right-of-use asset.

(16) Investment property

An investment property is stated initially at its cost and measured subsequently using the cost model. Except for land, investment property is depreciated on a straight-line basis over its estimated useful life of 15 ~ 50 years.

(17) Intangible assets

• A. Trademarks and patents

Trademarks and patents are stated at historical cost and amortised on a straight-line basis over their estimated useful life of 10 years.

• B. Computer software

Computer software is stated at cost and amortised on a straight-line basis over its estimated useful

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life of 1 ~ 3 years.

• C. Other intangible assets, mainly industrial network project, are stated at cost and amortised on a straight-line basis over its estimated useful life of 3 years.

• (18) Impairment of non-financial assets

• The Company assesses at each balance sheet date the recoverable amounts of those assets where there is an indication that they are impaired. An impairment loss is recognised for the amount by which the asset’s carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset’s fair value less costs to sell or value in use. When the circumstances or reasons for recognising impairment loss for an asset in prior years no longer exist or diminish, the impairment loss is reversed. The increased carrying amount due to reversal should not be more than what the depreciated or amortised historical cost would have been if the impairment had not been recognised.

(19) Borrowings

• Borrowings comprise long-term and short-term bank borrowings. Borrowings are recognised initially at fair value, net of transaction costs incurred. Borrowings are subsequently stated at amortised cost; any difference between the proceeds (net of transaction costs) and the redemption value is recognised in profit or loss over the period of the borrowings using the effective interest method.

• (20) Notes and accounts payable

• A. Accounts payable are liabilities for purchases of raw materials, goods or services and notes payable are those resulting from operating and non-operating activities.

• B. The short-term notes and accounts payable without bearing interest are subsequently measured at initial invoice amount as the effect of discounting is immaterial.

• (21) Derecognition of financial liabilities

• Financial liability is derecognised when the obligation under the liability specified in the contract is discharged or cancelled or expires.

• (22) Offsetting financial instruments

Financial assets and liabilities are offset and reported in the net amount in the balance sheet when there is a legally enforceable right to offset the recognised amounts and there is an intention to settle on a net basis or realise the asset and settle the liability simultaneously.

(23) Non-hedging and embedded derivatives

• A. Non-hedging derivatives are initially recognised at fair value on the date a derivative contract is entered into and recorded as financial assets or financial liabilities at fair value through profit or loss. They are subsequently remeasured at fair value and the gains or losses are recognised in profit or loss.

• B. Under the financial assets, the hybrid contracts embedded with derivatives are initially recognised as financial assets at fair value through profit or loss, financial assets at fair value through other comprehensive income and financial assets at amortised cost based on the contract

~27~

terms.

• C. Under the non-financial assets, whether the hybrid contracts embedded with derivatives are accounted for separately at initial recognition is based on whether the economic characteristics and risks of an embedded derivative are closely related in the host contract. When they are closely related, the entire hybrid instrument is accounted for by its nature in accordance with the applicable standard. When they are not closely related, the derivative is accounted for differently from the host contract as derivative while the host contract is accounted for by its nature in accordance with the applicable standard. Alternatively, the entire hybrid instrument is designated as financial liabilities at fair value through profit or loss upon initial recognition.

• (24) Provisions

• Provisions (warranties) are recognised when the Company has a present legal or constructive obligation as a result of past events, and it is probable that an outflow of economic resources will be required to settle the obligation and the amount of the obligation can be reliably estimated. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation on the balance sheet date, which is discounted using a pre-tax discount rate that reflects the current market assessments of the time value of money and the risks specific to the obligation. When discounting is used, the increase in the provision due to passage of time is recognised as interest expense. Provisions are not recognised for future operating losses.

• (25) Employee benefits

• A. Short-term employee benefits

Short-term employee benefits are measured at the undiscounted amount of the benefits expected to be paid in respect of service rendered by employees in a period and should be recognised as expense in that period when the employees render service.

• B. Pensions

• (a) Defined contribution plan

For defined contribution plan, the contributions are recognised as pension expense when they are due on an accrual basis. Prepaid contributions are recognised as an asset to the extent of a cash refund or a reduction in the future payments.

• (b) Defined benefit plan

• i. Net obligation under a defined benefit plan is defined as the present value of an amount of pension benefits that employees will receive on retirement for their services with the Company in current period or prior periods. The liability recognised in the balance sheet in respect of the defined benefit pension plan is the present value of the defined benefit obligation at the balance sheet date less the fair value of plan assets. Every year, the actuary calculated defined benefit obligation by using projected unit credit method, and the discount rate was based on the market yield rate of government bond on the balance sheet date.

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     - ii. Actuarial gains (losses) arising on the defined benefit plan are recognised in other comprehensive income in the period in which they arise and are recorded as retained earnings.

     - iii. Past service costs are recognised immediately in profit or loss.

• C. Termination benefits

  • Termination benefits are employee benefits provided in exchange for the termination of employment as a result from either the Company’s decision to terminate an employee’s employment before the normal retirement date, or an employee’s decision to accept an offer of redundancy benefits in exchange for the termination of employment. The Company recognises the expense when it can no longer withdraw an offer of termination benefits or it recognises related restructuring costs, whichever is earlier. Benefits that are expected to be due more than 12 months after balance sheet date shall be discounted to their present value.

• D. Employees’ compensation and directors’ and supervisors’ remuneration

  • Employees’ compensation and directors’ and supervisors’ remuneration are recognised as expense and liability, provided that such recognition is required under legal or constructive obligation and those amounts can be reliably estimated. Any difference between the resolved amounts and the subsequently actual distributed amounts is accounted for as changes in estimates.

• (26) Income tax

• A. The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or items recognised directly in equity, in which cases the tax is recognised in other comprehensive income or equity.

• B. The current income tax charge is calculated on the basis of the tax laws enacted or substantively enacted at the balance sheet date in the countries where the Company and its subsidiaries operate and generate taxable income. Management periodically evaluates positions taken in tax returns with respect to situations in accordance with applicable tax regulations. It establishes provisions where appropriate based on the amounts expected to be paid to the tax authorities. An additional tax is levied on the unappropriated retained earnings and is recorded as income tax expense in the year the stockholders resolve to retain the earnings.

• C. Deferred tax is recognised, using the balance sheet liability method, on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the parent company only balance sheet. However, the deferred tax is not accounted for if it arises from initial recognition of an asset or liability in a transaction other than a business combination that at the time of the transaction affects neither accounting nor taxable profit or loss and does not give rise to equal taxable and deductible temporary differences. Deferred tax is provided on temporary differences arising on investments in subsidiaries, except where the timing of the reversal of the temporary difference is controlled by the Company and it is probable that the temporary difference will not reverse in the foreseeable future. Deferred tax is determined using

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tax rates (and laws) that have been enacted or substantially enacted by the balance sheet date and are expected to apply when the related deferred tax asset is realised or the deferred tax liability is settled.

• D. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised. At each balance sheet date, unrecognised and recognised deferred tax assets are reassessed.

• E. Current income tax assets and liabilities are offset and the net amount reported in the balance sheet when there is a legally enforceable right to offset the recognised amounts and there is an intention to settle on a net basis or realise the asset and settle the liability simultaneously. Deferred tax assets and liabilities are offset on the balance sheet when the entity has the legally enforceable right to offset current tax assets against current tax liabilities and they are levied by the same taxation authority on either the same entity or different entities that intend to settle on a net basis or realise the asset and settle the liability simultaneously.

• F. A deferred tax asset shall be recognised for the carryforward of unused tax credits resulting from acquisitions of equipment or technology, research and development expenditures and equity investments to the extent that it is possible that future taxable profit will be available against which the unused tax credits can be utilised.

(27) Share capital

Where the Company repurchases the Company’s equity share capital that has been issued, the consideration paid, including any directly attributable incremental costs (net of income taxes) is deducted from equity attributable to the Company’s equity holders. Where such shares are subsequently reissued, the difference between their book value and any consideration received, net of any directly attributable incremental transaction costs and the related income tax effect, is included in equity attributable to the Company’s equity holders.

(28) Dividends

Dividends are recorded in the Company’s financial statements in the period in which they are approved by the Company’s shareholders. Cash dividends are recorded as liabilities.

(29) Revenue recognition

Sales of goods:

• A. The Company manufactures and sells monitor, digital television, computer, peripheral equipment of computer and other related products. Sales are recognised when control of the products has transferred, being when the products are delivered to the wholesaler, the wholesaler has full discretion over the channel and price to sell the products, and there is no unfulfilled obligation that could affect the wholesaler’s acceptance of the products. Delivery occurs when the products have been shipped to the specific location, the risks of obsolescence and loss have been transferred to the wholesaler, and either the wholesaler has accepted the products in accordance with the sales contract, or the Company has objective evidence that all criteria for acceptance have been satisfied.

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• B. Sales revenue was based on the contract price net of estimated business tax, sales return, volume discounts and allowance. The furniture is often sold with volume discounts based on aggregate sales over a period. Accumulated experience is used to estimate and provide for the volume discounts and sales discounts and allowances, using the expected value method, and revenue is only recognised to the extent that it is highly probable that a significant reversal will not occur. The estimation is subject to an assessment at each reporting date. A refund liability is recognised for expected volume discounts and sales discounts and allowances payable to customers in relation to sales made until the end of the reporting period.

• C. A receivable is recognised when the goods are delivered as this is the point in time that the consideration is unconditional because only the passage of time is required before the payment is due.

5. CRITICAL ACCOUNTING JUDGEMENTS, ESTIMATES AND KEY SOURCES OF ASSUMPTION

UNCERTAINTY

The preparation of these parent company only financial statements requires management to make critical judgements in applying the Company’s accounting policies and make critical assumptions and estimates concerning future events. Assumptions and estimates may differ from the actual results and are continually evaluated and adjusted based on historical experience and other factors. Such assumptions and estimates have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year; and the related information is addressed below:

• (1) Critical judgements in applying the Company’s accounting policies

There have been no critical judgements in applying the Group’s accounting policies that have a significant impact on the amount recognised.

(2) Critical accounting estimates and assumptions

• A. Revenue recognition

• The Company estimates sales discounts and returns provisions based on historical results and other known factors. Provisions for such liabilities are recognised as a deduction item to sales revenues when the sales are recognised. The Company reassesses the reasonableness of estimates of discounts and returns periodically. As of December 31, 2024, the provision for sales discounts and returns recognised by the Company was $260,980.

• B. Evaluation of inventories

• As inventories are stated at the lower of cost and net realisable value, the Company must determine the net realisable value of inventories on balance sheet date using judgements and estimates. Due to the rapid technology innovation, the Company evaluates the amounts of normal inventory consumption, obsolete inventories or inventories without market selling value on balance sheet date, and writes down the cost of inventories to the net realisable value. Such an evaluation of inventories is principally based on the demand for the products within the specified period in the future. Therefore, there might be material changes to the evaluation. As of December 31, 2024, information on the carrying amount of inventories as of December 31,2024 is provided in Note

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6(5).

• C. Valuation of financial assets—fair value measurement of unlisted stocks without active market The fair value of unlisted stocks held by the Company that are not traded in an active market is determined considering those companies’ recent fund raising activities and technical development status, fair value assessment of other companies of the same type, market conditions and other economic indicators existing at balance sheet date. Any changes in these judgements and estimates will impact the fair value measurement of these unlisted stocks. Please refer to Note 12(3) for the financial instruments fair value information.

• As of December 31, 2024, the carrying amount of unlisted stocks without active market was $394,781.

6. DETAILS OF SIGNIFICANT ACCOUNTS

(1) Cash and cash equivalents

$394,781. TAILS OF SIGNIFICANT ACCOUNTS Cash and cash equivalents
Cash on hand Checking account deposits Demand deposits Time deposits	December31,2024 549 $ 30 2,628,067 163,950 2,792,596 $	December31,2023
		998 $ 30 2,694,772 300,000
		2,995,800 $

• A. The Company associates with a variety of financial institutions all with high credit quality to disperse credit risk, so it expects that the probability of counterparty default is remote.

• B. The Company has no cash and cash equivalents pledged to others. The time deposits whose maturities exceed 3 months amounted to $1,614,860 and $1,744,140 as of December 31, 2024 and 2023, respectively and were listed as “Current financial assets at amortised cost”. The interest rate ranges were 1.61%%~5.51% and 1.34%~6.00%, and the interest income amounted to $74,720 and $45,694 for the years ended December 31, 2024 and 2023, respectively.

• C. For time deposits as of December 31, 2024 and 2023, the interest rate ranges were 4.80% and 1.20%~1.40%, respectively.

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(2) Current financial assets / liabilities at fair value through profit or loss

==> picture [485 x 139] intentionally omitted <==

----- Start of picture text -----

Items December 31, 2024 December 31, 2023
Financial assets mandatorily measured
at fair value through profit or loss
Equity securities $ 505,819 $ 1,739,872
Debt securities 20,000 20,000
Beneficiary certificates 170,331 161,238
Derivative instruments 304,945 59,810
Hybrid instruments 99,908 94,560
$ 1,101,003 $ 2,075,480
----- End of picture text -----

• A. Amounts recognised in profit or loss in relation to financial assets at fair value through profit or loss are listed below:

Financial assets and liabilities mandatorily measured at fair value through profit or loss Equity securities Debt securities Beneficiary certificates Derivative instruments Hybrid instruments	2024 2023 424,298 $ 16,683 $ - 600 9,093 87,959) ( 251,793 184,215 17,594 26,165 702,778 $ 139,704 $ Years ended December 31,

• B. Financial assets designated as at fair value through profit or loss upon initial recognition are hybrid instruments.

• C. For the year ended December 31, 2024, the Group disposed shares of VIZIO HOLDING CORP. of $1,669,712, resulting to a loss on disposal of financial assets at fair value through profit or loss amounting to $485,910.

• D. For the year ended December 31, 2023, the Group disposed shares of VIZIO HOLDING CORP. of $1,023,037, resulting to a loss on disposal of financial assets at fair value through profit or loss amounting to $65,628.

• In addition, the fair value of shares of VIZIO HOLDING CORP. held by the Group, after taking into consideration the quoted market prices, amounted to $1,183,802 as of December 31, 2023. Unrealised gain on valuation of financial assets at fair value through profit or loss amounted to $44,585 for the year ended December 31, 2023.

• E. The Company entered into contracts relating to derivative financial assets which were not accounted for under hedge accounting. The information is listed below:

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December 31, 2023

December 31, 2024

Derivative financial Contract Amount Contract Contract Amount Contract instruments (Notional Principal) Period (Notional Principal) Period Current items: Exchange rate USD (Sell) 215 million 2024.12.05~2025.01.24 USD (Sell) 275 million 2023.11.30~2024.01.31 swap contracts USD (Buy) 50 million 2024.07.02~2025.06.27 USD (Buy) 10 million 2023.10.02~2024.04.16 Forward foreign USD (Sell) 45 million 2024.09.27~2025.03.13 USD (Sell) 90 million 2023.10.06~2024.03.22 exchange USD (Buy) 315 million 2024.07.02~2025.06.16 USD (Buy) 360 million 2023.07.03~2024.06.28

• (a) Exchange rate swap contracts

The Company entered into exchange rate swap contracts with financial institutions to swap floating interest rate for fixed interest rate, to earn the exchange rate spread, and to hedge cash flow risk of the floating-rate liability positions. However, these exchange rate swap contracts are not accounted for under hedge accounting.

• (b) Forward foreign exchange contracts

The Company entered into forward foreign exchange contracts to sell NTD and buy USD to earn the exchange rate spread, and to hedge exchange rate risk of import and export proceeds. However, these forward foreign exchange contracts are not accounted for under hedge accounting.

• F. As of December 31, 2024 and 2023, the Company has no financial assets at fair value through profit or loss pledged to others.

• G. Information relating to credit risk of financial assets at fair value through profit or loss is provided in Note 12(3).

(3) Financial assets at fair value through other comprehensive income

Ordinary corporate bonds Valuation adjustment	December31,2024 December31,2023 63,407 $ 186,546 $ 3,134 3,943) ( 66,541 $ 182,603 $

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• A. The Company has elected to classify debt investments that are considered to be strategic investments as financial assets at fair value through other comprehensive income. The fair value of such investments amounted to $66,541 and $182,603 as of December 31, 2024 and 2023, respectinely.

• B. The Company has no financial assets at fair value through other comprehensive income pledged to others as collateral.

• C. Amounts recognised in profit or loss and other comprehensive income in relation to the financial assets at fair value through other comprehensive income are listed below:

Debt instruments at fair value through other comprehensive income Fair value change recognised in other comprehensive income Cumulative other comprehensive income reclassified to profit or loss Reclassified due to derecognition	2024 2023 7,077 $ 3,943) ($ 5,960 $ - $

• D. The Company disposed of a debt instrument measured at fair value through other comprehensive income in 2024, with the disposal price amounting to $129,100. Due to derecognition, the cumulative other comprehensive income of $5,960 was reclassified to profit or loss.

• (4) Accounts receivable

Accounts receivable
		December	31,2024		December	31,2023
Accounts receivable		$	3,511,835		$	2,680,861
Less: Loss allowance	(		8,979)	(		8,979)
		$	3,502,856		$	2,671,882

• A. As of December 31, 2024 and 2023, accounts receivable were all from contracts with customers. As of January 1, 2023, the balance of receivables from contracts with customers amounted to $1,638,434.

• B. The Company did not hold any collateral for accounts receivable.

• C. Information on accounts receivable relating to credit risk is provided in Note 12(2).

• (5) Inventories

Inventories
Raw materials Work in progress Finished goods		December31,2024
	Allowance for Cost valuation loss 463 $ 131) ($ 25 25) ( 121,437 3,030) ( 121,925 $ 3,186) ($		Bookvalue
			332 $ - 118,407
			118,739 $

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			December31,2023	December31,2023
				Allowance for
		Cost		valuation loss		Book value
Raw materials	$	20,390	($	1,667)	$	18,723
Work in progress		1,977	(	1,972)		5
Finished goods		128,729	(	3,049)		125,680
	$	151,096	($	6,688)	$	144,408

Expenses and losses incurred on inventories for the year:

Cost of inventories sold Gain on inventory valuation Other operating costs (Note 1)	2024 2023 18,190,036 $ 11,959,159 $ - 7,000) ( 188,381 146,960 18,378,417 $ 12,099,119 $ Years ended December 31,	2024 2023 18,190,036 $ 11,959,159 $ - 7,000) ( 188,381 146,960 18,378,417 $ 12,099,119 $ Years ended December 31,
		12,099,119 $

Note 1: Mainly represents maintenance costs and royalty expenses.

Note 2: The Company reversed a previous inventory write-down because the related inventory items were scrapped or sold in 2023.

(6) Prepayments

Prepayments
Prepayments to suppliers Net input VAT Other prepaid expenses	December31,2024 77,191 $ 33,336 20,223 130,750 $	December31,2023
		51,922 $ 29,460 6,399
		87,781 $

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(7) Investments accounted for using equity method

A. Details are as follows:

estments accounted for using equity method Details are as follows:
December31,2024 Subsidiaries: ABOUND PROFITS LIMITED (ABOUND) 1,755,373 $ REI MAU ENTERPRISE CO., LTD. (REI MAU) 355,482 ASEV DISPLAY LABS 111,871 RICK TECHNOLOGY INC. 242,206 AMTRAN LOGISTICS, INC. 484,471 AMTRAN VIDEO CORPORATION 24,916 SPYGLASS TESLA, LLC. (SPYGLASS) 86,039 AMTRAN VIETNAM TECHNOLOGY LIMITED 2,958,302 Suzhou Raken Technology Ltd. (Raken) 1,079,825 AMTRAN VIETNAM TRADING COMPANY LIMITED 37,718 Associates: Hua Jung Co., Ltd. (Hua Jung) 478,134 BMA Ventures Capital Investment Corporation 37,751 Heroic Faith Medical Science Co., Ltd. (Heroic Faith) 6,203 7,658,291 $	December31,2023
	1,773,069 $ 307,828 106,092 224,991 438,434 34,676 86,421 2,514,974 1,093,535 33,059 438,880 52,172 13,122
	7,117,253 $

• (a) In March 2023, the Board of Directors of the Company resolved to invest in AMTRAN VIETNAM TRADING COMPANY LIMITED, amounting to US$19,500 thousand (equivalent to $615,973). In April 2022, the Board of Directors of the Company resolved to invest in REI MAU in September 2023 amounting to $100,000.

• (b) The Company’s subsidiaries, SPYGLASS and Raken, distributed cash dividends amounting to $17,239 and $13,713 for the year ended December 31, 2024, respectively. No cash dividends were declared for the fiscal year 2023.

• (c) The Company's investee accounted for using equity method, Hua Jung, distributed cash dividends amounting to $19,101 and $0 for the years ended December 31, 2024 and 2023, respectively.

• (d) The Company's investee accounted for using equity method, BMA Ventures Capital Investment Corporation, reduced its capital in 2024 and 2023, and the Company received $5,832 and $4,877 as return of capital, respectively.

• (e) During the fiscal years 2024 and 2023, impairment losses on Heroic Faith were recognised amounting to $6,919 and $41,140, respectively. Additionally, an investment prepayment of $6,468 in 2023 was classified under other non-current assets as the capital increase has not yet been completed.

• (f) The Company applied the equity method for its investment in H&P Venture Capital Investment Co., Ltd., which reduced its capital and returned funds amounting to $8,243 in the year 2023. Additionally, H&P Venture Capital Investment Co., Ltd. was dissolved and liquidated on

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September 11, 2023. The Company received the final liquidation payment of $2,301 on May 31, 2024, resulting in a disposal gain of $437.

• B. For the years ended December 31, 2024 and 2023, the share of profit or loss of subsidiaries and associates accounted for using the equity method are as follows:

			Years ended	December31,	December31,
			2024		2023
Subsidiaries:
ABOUND PROFITS LIMITED (ABOUND)	($		83,207)	$	45,977
REI MAU ENTERPRISE CO., LTD.(REI MAU)			47,654		994
ASEV DISPLAY LABS	(		1,378)	(	30,125)
RICK TECHNOLOGY INC.			17,215		19,555
AMTRAN LOGISTICS, INC.			16,002	(	3,112)
AMTRAN VIDEO CORPORATION	(		11,857)		6,862
SPYGLASS TESLA, LLC. (SPYGLASS)			7,942		8,893
AMTRAN VIETNAM TECHNOLOGY			396,351		171,295
LIMITED
H&P Venture Capital Investment Co., Ltd.			-	(	3,119)
Suzhou Raken Technology Ltd. (Raken)	(		34,789)		23,844
AMTRAN VIETNAM TRADING COMPANY			4,050		3,446
LIMITED
Associates:
Hua Jung Co., Ltd. (Hua Jung)			21,888		24,453
BMA Ventures Capital Investment Corporation	(		8,591)		1,984
		$	371,280	$	270,947

• C. Refer to Note 4(3) in the 2024 consolidated financial statements for the information regarding the Company’s subsidiaries.

D. Associates

• (a) The basic information of the associate that is material to the Company is as follows:

Company name Hua Jung	Principal place of business Taiwan	2024 2023 31.60% 31.60% Shareholdingratio December31,	Nature of relationship Investee accounted for using equity method	Method of measurement Equity method
		2024 31.60%

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• (b) The summarised financial information of the associate that is material to the Company is as follows:

Balance sheet

follows: Balance sheet
			Hua	Jung
		December	31,2024		December	31,2023
Current assets		$	1,654,311		$	1,558,316
Non-current assets			813,552			710,526
Current liabilities	(		462,270)	(		358,505)
Non-current liabilities	(		59,305)	(		74,787)
Total net assets		$	1,946,288		$	1,835,550
			Hua	Jung
		December	31,2024		December	31,2023
Share in associate’s net assets		$	612,919		$	573,665
Accumulated impairment	(		134,785)	(		134,785)
Carrying amount of the associate		$	478,134		$	438,880

Statement of comprehensive income

Statement of comprehensive income
Revenue Profit for the year from continuing operations Other comprehensive (loss) income, net of tax Total comprehensive (loss) income	Hua Jung Years endedDecember31,
	2024 866,507 $ 69,661 $ 103,401 173,062 $	2023
		1,017,793 $
		81,016 $ 47,565
		128,581 $

• (c) The Company’s material associate, Hua Jung Corporation, has quoted market prices. As of December 31, 2024 and 2023, the fair value was $922,329 and $865,025, respectively.

• (d) The information of the above mentioned associates disclosed by the Company is based on the audit reports of other auditors.

• E. For the years ended December 31, 2024 and 2023, the share of loss of associates accounted for using the equity method was $13,297 and $26,437, respectively.

• F. The Company is the single largest shareholder of Hua Jung Co., Ltd. with a 31.60% equity interest. The Company has no ability to acquire over 50% of the seats in the Board of Directors of Hua Jung Co., Ltd. and does not assign personnel to sit on the company’s key management, which indicates that the Company has no current ability to direct the relevant activities of Hua Jung Co., Ltd. In addition, the Company and Hua Jung belong to different industries, thus there were no significant transactions between the two companies. In conclusion, the Company has no control, but only has significant influence, over the investee.

• G. For the years ended December 31, 2024 and 2023, the investees which are at least 50% owned by the Company and controlled by the Company were all included in the consolidated financial statements.

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(8) Property, plant and equipment

At January 1, 2024 Cost Accumulated depreciation 2024 Opening net book amount Additions Depreciation charge Closing net book amount At December 31, 2024 Cost Accumulated depreciation	Buildings Transportation Office Other Land and structures equipment equipment equipment 220,060 $ 162,170 $ 19,251 $ 95,324 $ 11,356 $ - 90,444) ( 17,316) ( 79,174) ( 7,444) ( 220,060 $ 71,726 $ 1,935 $ 16,150 $ 3,912 $ 220,060 $ 71,726 $ 1,935 $ 16,150 $ 3,912 $ - 1,148 - 6,568 1,467 - 2,899) ( 966) ( 6,536) ( 1,499) ( 220,060 $ 69,975 $ 969 $ 16,182 $ 3,880 $ 220,060 $ 163,318 $ 19,251 $ 94,681 $ 12,823 $ - 93,343) ( 18,282) ( 78,499) ( 8,943) ( 220,060 $ 69,975 $ 969 $ 16,182 $ 3,880 $	Construction work inprogress Total 28,557 $ 536,718 $ - 194,378) ( 28,557 $ 342,340 $ 28,557 $ 342,340 $ 35,790 44,973 - 11,900) ( 64,347 $ 375,413 $ 64,527 $ 574,660 $ - 199,067) ( 64,527 $ 375,593 $

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Buildings Transportation Office Other Land and structures equipment equipment equipment At January 1, 2023 Cost 331,445 $ 265,122 $ 19,548 $ 88,358 $ 8,535 $ Accumulated depreciation - 159,075) ( 17,342) ( 72,199) ( 6,573) ( 331,445 $ 106,047 $ 2,206 $ 16,159 $ 1,962 $ 2023 Opening net book amount 331,445 $ 106,047 $ 2,206 $ 16,159 $ 1,962 $ Additions - - 938 7,112 2,821 Reclassification 111,385) ( 31,236) ( - - - Depreciation charge - 3,085) ( 1,209) ( 7,121) ( 871) ( Closing net book amount 220,060 $ 71,726 $ 1,935 $ 16,150 $ 3,912 $ At December 31, 2023 Cost 220,060 $ 162,170 $ 19,251 $ 95,324 $ 11,356 $ Accumulated depreciation - 90,444) ( 17,316) ( 79,174) ( 7,444) ( 220,060 $ 71,726 $ 1,935 $ 16,150 $ 3,912 $

Construction work inprogress Total 10,572 $ 723,580 $ - 255,189) ( 10,572 $ 468,391 $ 10,572 $ 468,391 $ 17,985 28,856 - 142,621) ( - 12,286) ( 28,557 $ 342,340 $ 28,557 $ 536,718 $ - 194,378) ( 28,557 $ 342,340 $

Note 1: The Company’s buildings and structures include building, parking space, air conditioner and decorations which are depreciated over 50 years, 35 years, and 15 years, respectively.

Note 2: Please refer to Section 6(10) for an explanation on the reclassification of the property, plant and equipment.

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(9) Leasing arrangements-lessee

• A. The Company leases various assets including buildings. Rental contracts are typically made for 2 years. Lease terms are negotiated on an individual basis and contain a wide range of different terms and conditions. The lease agreements do not impose covenants, but leased assets may not be used as security for borrowing purposes.

• B. Short-term leases with a lease term of 12 months or less comprise parking spaces and warehouses.

• C. The carrying amount of right-of-use assets and the depreciation charge are as follows:

Buildings Transportation equipment Buildings Transportation equipment	December31,2024 Carrying amount 16,448 $ 9,093 25,541 $ 2024 Depreciation charge 11,851 $ 3,151 15,002 $	December31,2023 Carrying amount 11,706 $ 4,263
		15,969 $
		2023 Depreciationcharge
		10,750 $ 1,718
		12,468 $

• D. The information on income and expense accounts relating to lease contracts is as follows:

		Years ended	December 31,	December 31,
		2024		2023
Items affecting profit or loss
Interest expense on lease liabilities	$	281	$	165
Expense on short-term lease contracts		2,024		639
Gain form lease modification		34		-

• E. For the years ended December 31, 2024 and 2023, the additions to right-of-use assets were $28,289 and $9,783, respectively.

• F. For the years ended December 31, 2024 and 2023, the Company’s total cash outflow for leases were $16,818 and $13,596, respectively.

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(10) Investment property

At January 1, 2024 Cost Accumulated depreciation 2024 Opening net book amount Depreciation charge Closing net book amount At December 31, 2024 Cost Accumulated depreciation At January 1, 2023 Cost Accumulated depreciation 2023 Opening net book amount Additions Transfers Depreciation charge Closing net book amount At December 31, 2023 Cost Accumulated depreciation

Buildings Land and structures Total 439,519 $ 382,557 $ 822,076 $ - 237,003) ( 237,003) ( 439,519 $ 145,554 $ 585,073 $ 439,519 $ 145,554 $ 585,073 $ - 11,151) ( 11,151) ( 439,519 $ 134,403 $ 573,922 $ 439,519 $ 382,557 $ 822,076 $ - 248,154) ( 248,154) ( 439,519 $ 134,403 $ 573,922 $ Buildings Land and structures Total 328,134 $ 277,381 $ 605,515 $ - 154,497) ( 154,497) ( 328,134 $ 122,884 $ 451,018 $ 328,134 $ 122,884 $ 451,018 $ - 2,249 2,249 111,385 31,236 142,621 - 10,815) ( 10,815) ( 439,519 $ 145,554 $ 585,073 $ 439,519 $ 310,866 $ 750,385 $ - 165,312) ( 165,312) ( 439,519 $ 145,554 $ 585,073 $

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• A. Rental income from the lease of the investment property and direct operating expenses arising from the investment property are shown below:

Rental revenue from investment property Direct operating expenses arising from the investment property that generated rental income during the year	2024 2023 95,099 $ 90,907 $ 16,015 $ 14,886 $ Years ended December31,

• B. For the year ended December 31, 2023, the Company reclassified property, plant and equipment to investment property in the amount of $142,621 representing the increase in the portion for rental.

• C. The fair values of the investment property held by the Company as at December 31, 2024 and 2023 were $2,004,702 and $1,941,842, respectively. The fair value on December 31, 2024 and 2023 was valued by independent appraisers. Valuation of land was made using the comparative approach while the valuation of building was made using the weighted average of cost approach and income approach and were classified as level 3.

(11) Intangible assets

Intangible assets
			Software			Others			Total
At January 1, 2024
Cost		$	58,121		$	267		$	58,388
Accumulated amortisation	(		46,904)	(		267)	(		47,171)
		$	11,217		$	-		$	11,217
2024
Opening net book amount		$	11,217		$	-		$	11,217
Additions - acquired
separately			15,579			1,479			17,058
Amortisation charge	(		16,487)	(		889)	(		17,376)
Closing net book amount		$	10,309		$	590		$	10,899
At December 31, 2024
Cost		$	73,700		$	1,479		$	75,179
Accumulated amortisation	(		63,391)	(		889)	(		64,280)
		$	10,309		$	590		$	10,899

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==> picture [483 x 252] intentionally omitted <==

----- Start of picture text -----

Trademarks Software Others Total
At January 1, 2023
Cost $ 846 $ 44,012 $ 267 $ 45,125
Accumulated amortisation ( 837) ( 29,073) ( 184) ( 30,094)
$ 9 $ 14,939 $ 83 $ 15,031
2023
Opening net book amount $ 9 $ 14,939 $ 83 $ 15,031
Additions - acquired
- -
separately 14,109 14,109
Amortisation charge ( 9) ( 17,831) ( 83) ( 17,923)
Closing net book amount $ - $ 11,217 $ - $ 11,217
At December 31, 2023
Cost $ 846 $ 58,121 $ 267 $ 59,234
Accumulated amortisation ( 846) ( 46,904) ( 267) ( 48,017)
$ - $ 11,217 $ - $ 11,217
----- End of picture text -----

Details of amortisation on intangible assets are as follows:

Administrative expenses Research and development expenses	Years ended December 31,	Years ended December 31,
	2024 10,964 $ 6,412 17,376 $	2023
		11,964 $ 5,959
		17,923 $

(12) Short-term borrowings

Short-term borrowings
Type of Borrowings Bank borrowings Unsecured borrowings Type of Borrowings Bank borrowings Unsecured borrowings	December 31, 2024 Interest rate range 600,000 $ 1.83%~1.86% December31,2023 Interestraterange 400,000 $ 1.64%~1.67%	Collateral
		None Collateral
		None

Interest expense recognised in profit or loss amounted to $10,269 and $6,578 for the years ended December 31, 2024 and 2023, respectively.

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(13) Other accounts payable

Other accounts payable
Accrued payables for raw materials purchased on behalf of others Accrued royalty payable Accrued payroll and bonus Accrued labor costs Others	December31,2024 1,317,875 $ 309,016 255,282 5,640 201,005 2,088,818 $	December31,2023 1,410,162 $ 206,579 174,870 2,175 215,104
		2,008,890 $

(14) Pensions

A. (a) The Company has a defined benefit pension plan in accordance with the Labor Standards Act, covering all regular employees’ service years prior to the enforcement of the Labor Pension Act on July 1, 2005 and service years thereafter of employees who chose to continue to be subject to the pension mechanism under the Law. Under the defined benefit pension plan, two units are accrued for each year of service for the first 15 years and one unit for each additional year thereafter, subject to a maximum of 45 units. Pension benefits are based on the number of units accrued and the average monthly salaries and wages of the last 1 months prior to retirement. The Company contributes monthly an amount equal to 2% of the employees’ monthly salaries and wages to the retirement fund deposited with Bank of Taiwan, the trustee, under the name of the independent retirement fund committee. Also, the Company would assess the balance in the aforementioned labor pension reserve account by the end of December 31, every year. If the account balance is insufficient to pay the pension calculated by the aforementioned method to the employees expected to qualify for retirement in the following year, the Company will make contributions for the deficit by next March.

• (b) The amounts recognised in the balance sheet are as follows:

		December	31,2024		December	31,2023
Present value of defined benefit obligations		$	78,223		$	80,865
Fair value of plan assets	(		24,613)	(		21,620)
Net defined benefit liability
(Shown as other current liabilites)		$	53,610		$	59,245

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(c) Movements in net defined benefit liabilities are as follows:

		Present value of	Present value of
			defined benefit		Fair value of
			obligations		plan assets
Year ended December 31, 2024
Balance at January 1		$	80,865	($	21,620)
Current service cost			543		-
Interest expense (income)			950	(	246)
			82,358	(	21,866)
Remeasurements:
Return on plan assets			-	(	2,036)
(excluding amounts included in interest
income or expense)
Change in financial assumptions	(		2,113)		-
Experience adjustments	(		1,022)		-
	(		3,135)	(	2,036)
Pension fund contribution			-	(	1,711)
Paid pension	(		1,000)		1,000
Balance at December 31		$	78,223	($	24,613)
		Present value of
			defined benefit		Fair value of
			obligations		plan assets
Year ended December 31, 2023
Balance at January 1		$	81,786	($	22,449)
Current service cost			449		-
Interest expense (income)			1,001	(	267)
			83,236	(	22,716)
Remeasurements:
Return on plan assets			-	(	179)
(excluding amounts included in interest
income or expense)
Change in financial assumptions			291		-
Experience adjustments			420		-
			711	(	179)
Pension fund contribution			-	(	1,807)
Paid pension	(		3,082)		3,082
Balance at December 31		$	80,865	($	21,620)

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(d)The Bank of Taiwan was commissioned to manage the Fund of the Company’s defined benefit pension plan in accordance with the Fund’s annual investment and utilisation plan and the “Regulations for Revenues, Expenditures, Safeguard and Utilisation of the Labor Retirement Fund” (Article 6: The scope of utilisation for the Fund includes deposit in domestic or foreign financial institutions, investment in domestic or foreign listed, over-the-counter, or private placement equity securities, investment in domestic or foreign real estate securitization products, etc.). With regard to the utilisation of the Fund, its minimum earnings in the annual distributions on the final financial statements shall be no less than the earnings attainable from the amounts accrued from two-year time deposits with the interest rates offered by local banks. If the earnings is less than aforementioned rates, government shall make payment for the deficit after approval by the Regulator. The Company has no right to participate in managing and operating that fund and hence the Company is unable to disclose the classification of plan asset fair value in accordance with IAS 19 paragraph 142. The composition of fair value of plan assets as of December 31, 2024 and 2023 is given in the Annual Labor Retirement Fund Utilisation Report announced by the government.

• (e) The principal actuarial assumptions used:

The principal actuarial assumptions used:
Discount rate Future salary increases	2024 1.60% 2.00%	2023
		1.20%
		2.00%

Assumptions regarding future mortality experience are set based on the 6[th] Taiwan Standard Ordinary Experience Mortality Table for the years ended December 31, 2024 and 2023. Because the main actuarial assumption changed, the present value of defined benefit obligation is affected. The analysis was as follows:

December 31, 2024 Effect on present value of defined benefit obligation December 31, 2023 Effect on present value of defined benefit obligation	Increase Decrease 0.25% 0.25% 1,431) ($ 1,474 $ Discountrate 1,271) ($ 1,307 $	Future salaryincreases	Future salaryincreases
	Increase 0.25% 1,431) ($ 1,271) ($	Increase 0.25% 1,459 $ 1,299 $	Decrease 0.25%
			1,270) ($
			($ 1,423)

The sensitivity analysis above was based on one assumption which changed while the other conditions remain unchanged. In practice, more than one assumption may change all at once.

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The method of analysing sensitivity and the method of calculating net pension liability in the balance sheet are the same.

The methods and types of assumptions used in preparing the sensitivity analysis did not change compared to the previous period.

• (f) Expected contributions to the defined benefit pension plan of the Company for the year ending December 31, 2025 are $1,147.

• (g) As of December 31, 2024, the weighted average duration of that retirement plan is 6 years.

• B. Effective July 1, 2005, the Company has established a defined contribution pension plan (the “New Plan”) under the Labor Pension Act (the “Act”), covering all regular employees with R.O.C. nationality. Under the New Plan, the Company contributes monthly an amount based on not less than 6% of the employees’ monthly salaries and wages to the employees’ individual pension accounts at the Bureau of Labor Insurance. The benefits accrued are paid monthly or in lump sum upon termination of employment.

• The pension costs under the defined contribution pension plan of the Company for the years ended December 31, 2024 and 2023 were $25,802 and $22,962, respectively.

(15) Provisions

Provisions
			Years ended December31,
			2024		2023
At January 1		$	84,912		100,145 $
Additional provisions			66,379		36,684
Used during the year	(		59,161)	(	51,917)
At December 31		$	92,130		84,912 $
Analysis of total provisions:
		December31,2024			December 31, 2023
Current		$	92,130		84,912 $

The Company provides warranties on monitors and digital TV products sold. Provision for warranty is estimated based on historical warranty data of monitors and digital TV products. It is expected that provision for warranty will be used during the period.

(16) Share capital

• (a) As of December 31, 2024, the Company’s authorised capital was $12,000,000, consisting of 1.2 billion shares of ordinary stock (including 40 million shares reserved for employee stock options), and the paid-in capital was $6,800,000 with a par value of $10 (in dollars) per share. All proceeds from shares issued have been collected.

• (b) On March 13, 2024, the Board of directors proposed for a capital reduction amounting to $601,000 by retiring 60,100 thousand shares with an equivalent of $0.81 (in dollars) per share, and the capital reduction was approved by the shareholders at their meeting on June 12, 2024. After the reduction, the Company’s paid-in capital would be $6,800,000, consisting of 680,000 thousand shares of ordinary stock with a par value of $10 (in dollars) per share. The capital

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reduction was approved by the Securities and Futures Bureau, Financial Supervisory Commission on July 23, 2024, effective on August 2, 2024. The registration of the capital reduction was completed on October 7, 2024, and the amount had been paid.

• (c) To maintain the Company’s credit rating and the shareholders’ equity, on March 13, 2023, the Board of Directors of the Company resolved to repurchase the Company’s outstanding ordinary shares in the amount of $211,846. On August 4, 2023, the Board of directors proposed for the retirement of 18,000 thousand treasury shares, effective on August 8, 2023, and the Company’s paid-in capital would be $7,800,000. The registration of the retirement of treasury shares was completed on August 28, 2023.

• (d) On March 13, 2023, the Board of directors proposed for a capital reduction amounting to $399,000 by retiring 39,900 thousand shares with an equivalent of $0.51 (in dollars) per share, and the capital reduction was approved by the shareholders at their meeting on June 15,2023. After the reduction, the Company’s paid-in capital would be $7,401,000, consisting of 740,100 thousand shares of ordinary stock with a par value of $10 (in dollars) per share. The capital reduction was approved by the Securities and Futures Bureau, Financial Supervisory Commission on July 28, 2023, effective on August 9, 2023. The registration of the capital reduction was completed on October 17, 2023, and the amount had been paid.

• (17) Capital surplus

Pursuant to the R.O.C. Company Law, capital surplus arising from paid-in capital in excess of par value on issuance of common stocks and donations can be used to cover accumulated deficit or to issue new stocks or cash to shareholders in proportion to their share ownership, provided that the Company has no accumulated deficit. Further, the R.O.C. Securities and Exchange Law requires that the amount of capital surplus to be capitalised mentioned above should not exceed 10% of the paid-in capital each year. Capital surplus should not be used to cover accumulated deficit unless the legal reserve is insufficient.

legal reserve is insufficient.
At January 1 (At December 31)			2024
	Sharepremium 1,634,433 $	Treasury share transactions 610,962 $	Changes in ownership interests in subsidiaries and associates 11,550 $	Stock option 4,718 $	Total
					2,261,663 $

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2023

Share premium At January 1 1,672,150 $ Retirement of treasury shares 37,717) ( At December 31 1,634,433 $	Changes in ownership interests Treasury share in subsidiaries transactions and associates Stock option Total 605,091 $ 11,550 $ 4,718 $ 2,293,509 $ 5,871 - - 31,846) ( 610,962 $ 11,550 $ 4,718 $ 2,261,663 $

(18) Retained earnings

• A. Where the Company accrues profit in the half year, it should first be reserved to pay tax and offset against accumulated deficit, and appropriate 10% of which as legal reserve unless legal reserve amounts to the total authorised capital. In addition, special reserve that has been appropriated or reversed in accordance with related regulations along with the unappropriated retained earnings of the first half of the year can be proposed by the Board of Directors for earnings appropriation of dividends. The proposal for appropriation should be approved by the shareholders if dividends would be distributed by issuing new shares; it should be resolved by the Board of Directors if dividends would be distributed in the form of cash. The dividends must not be less than 20% of distributable retained earnings of current year. The dividend can be appropriated in cash or shares and cash dividends must not be less than 20% of total dividends.

• B. To accompany the growth and overall environment of the high-tech sector, the Company’s dividend policy is based on the earnings, financial structure and the future development. In addition, the dividend is distributed according to the appropriation of the earnings. Stock dividend shall be based on the proportion to the reserves.

• C. Except for covering accumulated deficit or issuing new stocks or cash to shareholders in proportion to their share ownership, the legal reserve shall not be used for any other purpose. The use of legal reserve for the issuance of stocks or cash to shareholders in proportion to their share ownership is permitted, provided that the distribution of the reserve is limited to the portion in excess of 25% of the Company’s paid-in capital.

• D. In accordance with the regulations, the Company shall set aside special reserve from the debit balance on other equity items at the balance sheet date before distributing earnings. When debit balance on other equity items is reversed subsequently, the reversed amount could be included in the distributable earnings.

• E. The appropriations of earnings for 2023 and 2022 had been resolved by the shareholders on June 12, 2024 and June 15, 2023, respectively. Details are summarised below.

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Legal reserve appropriated Special reserve appropriated Distribution of cash dividends

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----- Start of picture text -----

Year ended December 31, Year ended December 31,
2023 2022
Dividends Dividends
per share per share
Amount (in dollars) Amount (in dollars)
$ 44,573 $ -
($ 27,377) ($ 87,794)
$ 401,200 $ 0.54 $ - $ -
----- End of picture text -----

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The aforementioned resolutions are identical to the resolutions passed during the Board of Directors’ meeting held on March 13, 2024 and March 13, 2023 and will be posted in the “Market Observation Post System” at the website of the Taiwan Stock Exchange.

• F. The appropriations of earnings for 2024 had been proposed by the shareholders on March 5, 2025. Details are summarised below. The remaining unappropriated earnings were all retained and not distributed:

istributed:
		Year ended December 31,
		2024
				Dividends
				per share
		Amount		(indollars)
Legal reserve appropriated	$	129,247
Special reserve appropriated	($	227,313)
Distribution of cash dividends	$	305,000	$	0.45

G. Refer to Note 6 (23) for details on employees' compensation and directors' remuneration.

(19) Other equity items

Other equity items
		2024
		Currency	Gain or loss on
		translation	unrealised valuation
At January 1	($	183,413)	43,899) ($
Unrealised gains from financial
assets measured at fair value through
other comprehensive income:
Revaluation - associates		-	7,077
Revaluation transferred to retained		-	32,175
earrings - associates
Currency translation differences:
- Group		196,096	-
- Associates		5,126	-
At December 31	$	17,809	4,647) ($

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2023

	2023	2023
(20)	Operating revenue Currency Gain or loss on translation unrealised valuation At January 1 200,300) ($ 54,390) ($ Unrealised gains from financial assets measured at fair value through other comprehensive income: Revaluation - associates - 3,943) ( Revaluation transferred to retained earrings - associates - 14,434 Currency translation differences: - Group 20,692 - - Associates 3,805) ( - At December 31 183,413) ($ 43,899) ($ - 2024 2023 Revenue from contracts with customers 19,685,795 $ 12,994,525 $ Years ended December31,
		2024 2023 19,685,795 $ 12,994,525 $

• A. Disaggregation of revenue from contracts with customers

The Company derives revenue from the transfer of goods and services at a point in time in the following major product lines: digital television, display, video conferencing equipment and peripheral equipment.

B. Contract liabilities

• (a) The Company has recognised the following revenue-related contract liabilities:

Contract liabilities: Contract liabilities-advance sales receipts	December 31, 2024 17 $	December31,2023 54,030 $	January1,2023
			42,588 $

• (b) Revenue recognised that was included in the contract liability balance at the beginning of the

year

year
Revenue recognised that was included in the contract liability balance at the beginning of the year Contract liabilities-advance sales receipts	Years ended December31,
	2024 54,030 $	2023
		42,588 $

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(21) Other income

Other income
		Years ended	December	31,
		2024		2023
Rental revenue	$	95,456	$	91,269
Dividend income		21,361		33,724
Other revenue		9,176		3,820
	$	125,993	$	128,813

(22) Other gains and losses

Other gains and losses
			Years endedDecember			31,
			2024			2023
Net (loss) gain on financial assets at fair value		$	702,778		$	139,704
through profit or loss
Net currency exchange gain			148,189			2,187
Gain on disposal of investment			437			-
Gain from lease modification			34			-
Impairment losses	(		6,919)	(		41,140)
Other losses	(		5,869)	(		33,145)
		$	838,650		$	67,606

(23) Expenses by nature

Expenses by nature	838,650 $ 67,606 $	838,650 $ 67,606 $
Employee benefit expense Wages and salaries Labor and health insurance fees Pension costs Directors’ remunerations Other personnel expenses Depreciation and amortisation Depreciation charges on property, plant and equipment (including investment property) Amortisation charges on right-of-use assets Amortisation charges on intangible assets	Years endedDecember31,
	2024 728,332 $ 46,201 27,049 62,300 27,231 891,113 $ 23,051 $ 15,002 17,376 55,429 $	2023
		498,759 $ 41,635 24,145 44,960 18,617
		628,116 $
		23,101 $ 12,468 17,923
		53,492 $

A. According to the Articles of Incorporation of the Company, a ratio of profit of the current year distributable, after covering accumulated losses, shall be distributed as employees' compensation and directors’ and supervisors’ remuneration. The ratio shall not be lower than 3% for employees’ compensation and shall not be higher than 3% for directors’ and supervisors’ remuneration.

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• B. For the year ended December 31, 2024, employees’ compensation was $110,000, and directors’ and supervisors’ remuneration was $40,000. For the year ended December 31, 2023, employees’ compensation was $21,000, and directors’ and supervisors’ remuneration was $9,000.The aforementioned amounts were recognised in salary expenses.

• C. In accordance with the Articles of Incorporation, employees’ compensation and directors’ and supervisors’ remuneration are accrued based on a certain percentage of estimated profits for the current year. For the year ended December 31, 2024, the percentage for employees’ compensation was 7% and for directors’ and supervisors’ remuneration was 2%. Information about employees’ compensation and directors’ and supervisors’ remuneration of the Company as resolved by the Board of Directors will be posted in the “Market Observation Post System” at the website of the Taiwan Stock Exchange.

(24) Income tax

• A. Income tax (benefit) expense

• (a) Components of income tax expense:

Components of income tax expense:
			Years ended December			31,
			2024			2023
Current tax:
Current tax on profits for the year		$	363,911		$	180,023
Prior year income tax (over) under estimation	(		25,792)			119,182
Total current tax			338,119			299,205
Deferred tax:
Origination and reversal of temporary
differences	(		102,747)	(		222,981)
Total deferred tax	(		102,747)	(		222,981)
Income tax expense		$	235,372		$	76,224

• (b) The income tax (charge)/credit relating to components of other comprehensive income is as

follows:

0 Remeasurement of defined benefit obligations	2024 2023 1,034 $ 106) ($ Years ended December 31,

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B. Reconciliation between income tax expense and accounting profit

				Years endedDecember	Years endedDecember	Years endedDecember	31,
	0			2024			2023
Tax calculated based on profit before			$	304,741		$	104,476
tax andstatutory tax rate
Effect from items adjusted in accordance
with tax regulation		(		93,425)			937
Change in assessment of realisation
of deferred tax assets				44,956	(		62,277)
Deferred tax assets				20,648	(		11,157)
Effect from investment tax credits		(		15,756)	(		74,937)
Prior year income tax (over) under estimation		(		25,792)			119,182
Tax expense			$	235,372		$	76,224

C. Amounts of deferred tax assets or liabilities as a result of temporary differences are as follows:

2024

					Recognised	Recognised
			Recognised			in other
				in profit	comprehensive
		January1		or loss		income		December31
－Deferred tax assets
Temporary differences:
Allowance for inventory price	$	1,338	($	700)	$	-	$		638
decline
Provision for after sale service		16,982		1,444		-			18,426
Unrealised sales discount		56,224		8,214		-			64,438
Unrealised royalty expense		41,316		20,487		-			61,803
Others		11,821		17	(	1,034)			10,804
		127,681		29,462	(	1,034)			156,109
－Deferred tax liabilities:
Temporary differences:
Unrealised gain on valuation of
financial assets	(	232,927)		180,579		-	(		52,348)
Unrealised foreign exchange gain	(	28,450)	(	28,025)		-	(		56,475)
Unrealised gain on long-term
investments	(	25,404)	(	79,270)		-	(		104,674)
	(	286,781)		73,284		-	(		213,497)
	($	159,100)	$	102,746	($	1,034)	($		57,388)

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				2023	2023
					Recognised
			Recognised			in other
				in profit	comprehensive
		January1		or loss		income		December31
－Deferred tax assets
Temporary differences:
Allowance for inventory price	$	2,738	($	1,400)	$	-	$		1,338
decline
Provision for after sale service		20,029	(	3,047)		-			16,982
Unrealised sales discount		36,541		19,683		-			56,224
Unrealised royalty expense		26,713		14,603		-			41,316
Others		11,690		25		106			11,821
		97,711		29,864		106			127,681
－Deferred tax liabilities:
Temporary differences:
Unrealised gain on valuation of
financial assets	(	446,058)		213,131		-	(		232,927)
Unrealised foreign exchange gain	(	33,840)		5,390		-	(		28,450)
Unrealised gain on long-term
investments		-	(	25,404)		-	(		25,404)
	(	479,898)		193,117		-	(		286,781)
	($	382,187)	$	222,981	$	106	($		159,100)

• D. Expiration dates of unused tax losses and amounts of unrecognised deferred tax assets are as follows:

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December 31, 2024
Year incurred Amount filed/assessed Unused amount Deferred tax assets Expiry year
2020 421,128 173,580 173,580 2030
2021 111,989 98,426 98,426 2031
$ 533,117 $ 272,006 $ 272,006
----- End of picture text -----

• E. The Company has not recognised taxable temporary differences associated with investment in subsidiaries as deferred tax liabilities. As of December 31, 2024 and 2023, temporary differences that were not recognised as deferred tax liabilities amounted to $1,440,203 and $1,407,922, respectively.

• F. The Company’s income tax returns through 2022 have been assessed and approved by the Tax Authority.

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(25) Earnings per share

Earnings per share
Basic earnings per share Profit attributable to ordinary shareholders of the Company Diluted earnings per share Profit attributable to ordinary shareholders of the Company Assumed conversion of all dilutive potential ordinary shares Employees’ compensation Profit attributable to ordinary shareholders of the Company plus assumed conversion of all dilutive potential ordinary shares Basic earnings per share Profit attributable to ordinary shareholders of the Company Diluted earnings per share Profit attributable to ordinary shareholders of the Company Assumed conversion of all dilutive potential ordinary shares Employees’ compensation Profit attributable to ordinary shareholders of the Company plus assumed conversion of all dilutive potential ordinary shares	Weighted average number of ordinary Earnings Amount shares outstanding per share after tax (shares in thousands) (in dollars) 1,288,335 $ 715,140 1.80 $ 1,288,335 $ 715,140 - 6,222 1,288,335 $ 721,362 1.79 $ Year ended December31,2024 Year ended December31,2023
	Amount aftertax 446,155 $ 446,155 $ - 446,155 $	Weighted average number of ordinary shares outstanding (sharesinthousands) 770,109 770,109 1,615 771,724	Earnings per share (indollars)
			0.58 $
			0.58 $

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7. RELATED PARTY TRANSACTIONS

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(1) Names of related parties and relationship
Names of related parties Relationship with the Group
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RELATED PARTY TRANSACTIONS (1)Names of related parties and relationship Names of related parties	Relationship withthe Group
AMTRAN LOGISTICS, INC. (ALI)	Subsidiary
AMTRAN VIDEO CORPORATION (AVC)	"
RICK TECHNOLOGY INC.	"
Rick Service Inc.	"
REI MAU ENTERPRISE CO., LTD. (REI MAU)	"
Suzhou Raken Technology Ltd. (Raken)	"
AMTRAN VIETNAM TECHNOLOGY CO., LTD. (AVTC)	"
Amtran Electronic Co., Ltd.	"
Raising Children Medical Foundation	Other related party

(2) Significant transactions and balances with related parties

• A. Operating revenue:

Sales of goods: Subsidiaries:	2024 2023 1,511,535 $ 699,777 $ Years endedDecember31,

The sales prices are based on contractual terms. No similar transaction can be compared with. The credit terms are 60~90 days after monthly billings for the related parties. For third parties, credit terms are 30~90 days after monthly billings.

• B. Purchases of goods:

terms are 30~90 days after monthly billings. Purchases of goods:
Purchases of goods: Subsidiaries: - Raken - AVTC	Years ended December 31,
	2024 5,636,019 $ 13,641,305 19,277,324 $	2023
		4,015,703 $ 9,054,339
		13,070,042 $

The purchase prices are based on contractual terms, and payments are made by wire transfer. The payment terms are 75 days after monthly billings for the related parties and 30~120 days after monthly billings for third parties.

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C. Receivables from related parties:

Receivables from related parties:
December31,2024 Accounts receivable: Subsidiaries: - RICK 101,750 - AVC 84,545 - Other subsidiaries 2,996 189,291 $ Other receivables: - AVTC 1,736,530 $ - Raken 1,167,770 - Other subsidiaries 1,316 2,905,616 $	December31,2023 135,197 83,790 - 218,987 $
	1,751,735 $ 219,993 167
	1,971,895 $

As of December 31, 2024 and 2023, the receivables from related parties were not impaired and the counterparties have optimal credit quality. Other receivables were receivables arising from raw materials purchased on behalf of the above related parties.

D. Guarantee deposits paid (shown as other non-current assets):

E. Payables to related parties: Subsidiaries: - RICK Accounts payable: Subsidiaries: - AVTC - Raken - Other subsidiaries Other payables: - Other related party - ALI - Raken - Other subsidiaries	December31,2024 899 $ December31,2024 2,125,840 $ 1,508,596 - 3,634,436 $ 5,000 $ 4,701 823 3,726 14,250 $	December31,2023
		899 $
		December31,2023
		2,368,553 $ 1,178,416 248
		3,547,217 $
		- $ 4,402 27,005 2,816
		34,223 $

As of December 31, 2024 and 2023, other payables arose mainly from collections on behalf of related parties.

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F. Technical service revenue:

Technical service revenue:
		Years ended	December31,
		2024		2023
Subsidiaries:
- AVTC	$	130,775	$	86,710
- Raken		34,108		33,007
	$	164,883	$	119,717

Technical service revenue arose from the research and development, maintenance and technical services rendered to the above related parties.

• G. Acquisition of financial assets:

In August 2023, the Company increased its investment in the subsidiary, AVTC, in the amount of

USD 19,500 thousand (equivalent to $615,973). In September 2023, the Company invested

• $100,000 in REI MAU. Refer to Note 6(7) for details.

• －

• H. Lease transactions lessee

• (a) The Company leases buildings from RICK. Rental contracts are typically made for periods of 2024 to 2025 years. Rents are paid at the end of month.

• (b) Acquisition of right-of-use assets:

December 31, 2024 December 31, 2023 Subsidiaries: - RICK $ 5,096 $ 5,099

• (d) Lease liabilities

• (i) Outstanding balance:

Subsidiaries:

• RICK

• (ii) Interest expense

Subsidiaries:

• RICK

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----- Start of picture text -----

December 31, 2024 December 31, 2023
$ 5,096 $ 5,099
December 31, 2024 December 31, 2023
$ 38 $ 30
----- End of picture text -----

(3) Key management compensation

Salaries and other short-term employee benefits Post-employment benefits

Years endedDecember31,	Years endedDecember31,
2024 68,072 $ 4,065 72,137 $	2023
	56,060 $ 3,853
	59,913 $

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8. PLEDGED ASSETS

None.

9. SIGNIFICANT CONTINGENT LIABILITIES AND UNRECOGNISED CONTRACT

COMMITMENTS

As of December 31, 2024, the Group had capital expenditures contracted for at the balance sheet date but not yet incurred for property, plant and equipment in the amount of $147,249.

10. SIGNIFICANT DISASTER LOSS

None.

11. SIGNIFICANT EVENTS AFTER THE BALANCE SHEET DATE

• (1) Refer to Note 6(18) for the appropriation of 2024 earnings proposed by the Board of Directors on March 5, 2025.

• (2) On March 5, 2025, the Board of Directors of the Company resolved to reduce its capital and refund cash to shareholders in order to adjust the capital structure and increase return on shareholders’ equity. The amount of cash capital reduction was $700,000, constituting 70,000 thousand shares, and the number of ordinary shares after capital reduction was 610,000 thousand shares.

12. OTHERS

(1) Capital management

The Company plans the needs for future operating capital, research and development expenses and dividend distribution based on the Company’s current operating characteristics and future development, taking into account changes in the external environment so as to safeguard the Company’s ability to continue as a going concern, provide returns for shareholders and maintain an optimal capital structure to enhance shareholders’ value in the long-term. In order to maintain or adjust the capital structure, the Company may adjust the amount of dividends paid to shareholders, issue new shares, return cash to shareholders or repurchase its own shares.

(2) Financial instruments

A. Financial instruments by category

Financial assets Financial assets mandatorily measured at fair value through profit or loss Financial assets at fair value through other comprehensive income Financial assets at amortised cost Financial liabilities Financial liabilities at amortised cost Lease liabilities	December31,2024 1,101,003 $ 66,541 $ 11,041,322 $ December31,2024 6,355,101 $ 25,688 $	December31,2023
		2,075,480 $
		182,603 $
		9,630,931 $
		December31,2023
		5,973,879 $
		15,661 $

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• Note: Financial assets at amortised cost included cash and cash equivalents, accounts receivable (including related parties), other receivables (including related parties) and guarantee deposits paid. Financial liabilities at amortised cost included accounts payable (including related parties), other payables, guarantee deposits received and lease liabilities.

• B. Financial risk management policies

• The Company adopts an overall risk management and control system to identify and evaluate risk.

The Company has a Chief Financial Officer (CFO) to manage all the risk management policies and risk controls. The main duty of the CFO is to oversee implementation of the Company's risk control strategies as follows:

• (a) The Company uses derivative financial instruments to hedge the price, interest rate and exchange rate fluctuations, etc. of the Company’s assets and liabilities, when these affect profit or loss.

• (b) The Company uses derivative financial instruments to hedge the exchange rate fluctuation arising from the foreign currency price of export or import transactions.

• (c) Depending on the risk of the variation of derivative financial instruments, to set up stop-loss point to limit possible losses.

• (d) To transact with international financial institutions with good credit standing.

• (e) To maintain working capital sufficient to support the cash flows resulting from the above contracts and reduce funding risk.

The Company believes that the above financial risk control strategies can effectively lower each kind of risks that the Company encounters.

• C. Significant financial risks and degrees of financial risks

• (a) Market risk

Foreign exchange risk

• i. The Company operates internationally and is exposed to exchange rate risk arising from the transactions of the Company used in various functional currency, primarily with respect to the USD. Exchange rate risk arises from future commercial transactions and recognised assets and liabilities.

• ii. Management has set up a policy to require the Company to manage its foreign exchange risk against its functional currency. The Company is required to hedge the entire foreign exchange risk exposure with the Company treasury. Exchange rate risk is measured through a forecast of highly probable USD and RMB expenditures. Forward foreign exchange contracts are adopted to minimise the volatility of the exchange rate affecting cost of forecast inventory purchases.

• iii. The Company’s businesses involve some non-functional currency operations (the Company’s functional currency: NTD. The information on assets and liabilities denominated in foreign currencies whose values would be materially affected by the exchange rate fluctuations is as follows:

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Foreign currency amount (Inthousands) Exchangerate Financial assets Monetary items USD:NTD 279,205 $ 32.79 Non-monetary items USD:NTD 166,663 32.79 RMB:NTD 241,140 4.478 Financial liabilities Monetary items USD:NTD 180,124 32.79 December31,2024 (Foreign currency: functional currency) Foreign currency amount (Inthousands) Exchangerate Financial assets Monetary items USD:NTD 254,795 $ 30.71 $ Non-monetary items USD:NTD 162,808 30.71 RMB:NTD 252,724 4.327 Financial liabilities Monetary items USD:NTD 182,849 30.71 December31,2023 (Foreign currency: functional currency)	Book value (NTD) 9,155,132 $ 5,464,893 1,079,825 5,906,266 Book value (NTD)
	7,824,754 $ 4,999,847 1,093,535 5,615,293

iv. The total exchange gain, including realised and unrealised, arising from significant foreign exchange variation on the monetary items held by the Company for the years ended December 31, 2024 and 2023 amounted to $148,189 and $2,187, respectively.

v. Analysis of foreign currency market risk arising from significant foreign exchange variation:

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Effect on other Degree of Effect on comprehensive variation profit or loss income Financial assets Monetary items USD:NTD 1% 91,551 $ - $ Non-monetary items USD:NTD 1% - 54,649 RMB:NTD 1% - 10,798 Financial liabilities Monetary items USD:NTD 1% 59,063 - YearendedDecember31,2024 SensitivityAnalysis (Foreign currency: functional currency) Effect on other Degree of Effect on comprehensive variation profit or loss income Financial assets Monetary items USD:NTD 1% 78,248 $ - $ Non-monetary items USD:NTD 1% - 49,998 RMB:NTD 1% - 10,935 Financial liabilities Monetary items USD:NTD 1% 56,153 - YearendedDecember31,2023 SensitivityAnalysis (Foreign currency: functional currency)	Effect on other Degree of Effect on comprehensive variation profit or loss income Financial assets Monetary items USD:NTD 1% 91,551 $ - $ Non-monetary items USD:NTD 1% - 54,649 RMB:NTD 1% - 10,798 Financial liabilities Monetary items USD:NTD 1% 59,063 - YearendedDecember31,2024 SensitivityAnalysis (Foreign currency: functional currency) Effect on other Degree of Effect on comprehensive variation profit or loss income Financial assets Monetary items USD:NTD 1% 78,248 $ - $ Non-monetary items USD:NTD 1% - 49,998 RMB:NTD 1% - 10,935 Financial liabilities Monetary items USD:NTD 1% 56,153 - YearendedDecember31,2023 SensitivityAnalysis (Foreign currency: functional currency)	Effect on other Degree of Effect on comprehensive variation profit or loss income Financial assets Monetary items USD:NTD 1% 91,551 $ - $ Non-monetary items USD:NTD 1% - 54,649 RMB:NTD 1% - 10,798 Financial liabilities Monetary items USD:NTD 1% 59,063 - YearendedDecember31,2024 SensitivityAnalysis (Foreign currency: functional currency) Effect on other Degree of Effect on comprehensive variation profit or loss income Financial assets Monetary items USD:NTD 1% 78,248 $ - $ Non-monetary items USD:NTD 1% - 49,998 RMB:NTD 1% - 10,935 Financial liabilities Monetary items USD:NTD 1% 56,153 - YearendedDecember31,2023 SensitivityAnalysis (Foreign currency: functional currency)
	Effect on profit or loss 78,248 $ - - 56,153	Effect on other comprehensive income
		- $ 49,998 10,935 -

Price risk

• i. The Company’s equity securities, which are exposed to price risk, are the held financial assets at fair value through profit or loss and financial assets at fair value through other comprehensive income. To manage its price risk arising from investments in equity securities, the Company diversifies its portfolio. Diversification of the portfolio is done in accordance with the limits set by the Company.

• ii. The Company’s investments in equity securities comprise shares and open-end funds issued by the domestic/overseas companies. The prices of equity securities would change due to the change of the future value of investee companies. If the prices of these equity securities had increased/decreased by 1% or floating discount rate changes by 1% with all other variables held constant, post-tax profit for the years ended December 31, 2024 and 2023 would have increased/decreased by $6,208 and $15,965, respectively, as a result of gains/losses on equity securities classified as at fair value through profit or loss.

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(b) Credit risk

• i. Credit risk refers to the risk of financial loss to the Company arising from default by the clients or counterparties of financial instruments on the contract obligations. The main factor is that counterparties could not repay in full the accounts receivable based on the agreed terms.

• ii. The Company manages its credit risk taking into consideration the entire Company’s concern. For banks and financial institutions, only independently rated parties with a minimum rating of 'A' are accepted. According to the Company’s credit policy, each local entity in the Company is responsible for managing and analysing the credit risk for each of their new clients before standard payment are offered. Internal risk control assesses the credit quality of the customers, taking into account their financial position, past experience and other factors.

• iii.The ageing analysis of acconts receivable (including related parties) that were past due but not impaired is as follows:

but not impaired is as follows:
Not past due Up to 30 days 31 to 90 days Over 90 days	December 31, 2024 3,510,971 $ 138,047 51,770 338 3,701,126 $	December31,2023
		2,665,267 $ 220,596 13,936 49
		2,899,848 $

• iv. The Company classifies customer’s accounts receivable in accordance with credit rating of customer. The Company applies the simplified approach using a provision matrix to estimate the expected credit loss. The Company used the forecastability to adjust historical and timely information to assess the default possibility of accounts receivable. On December 31, 2024 and 2023, the provision matrix is as follows:

December 31, 2024 Expected loss rate Total book value Loss allowance December 31, 2023 Expected loss rate Total book value Loss allowance	Group A 0.05% 189,291 $ 95 $ Group A 0.05% 218,987 $ 109 $	Group B 0.05% 3,490,229 $ 8,733 $ Group B 0.05% 2,670,836 $ 8,666 $	Group C 0.70% 21,606 $ 151 $ Group C 2.03% 10,025 $ 204 $	Total
				3,701,126 $ 8,979 $ Total
				2,899,848 $ 8,979 $

Company A: Related parties.

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Company B: Customers with an excellent credit rating grade. Company C: Other customers.

• v. Movements in relation to the Company applying the simplified approach to provide loss allowance for accounts receivable are as follows:

allowance for accounts receivable are as follows:
At January 1 Provision for expected credit impairment loss At December 31 At January 1 Provision for expected credit impairment loss At December 31	2024 Accountsreceivable 8,979 $ - 8,979 $ 2023
	Accountsreceivable
	8,979 $ - 8,979 $

(c) Liquidity risk

• i. Cash flow forecasting is performed in the operating entities of the Company and aggregated by Company treasury. Company treasury monitors rolling forecasts of the Company’s liquidity requirements to ensure it has sufficient cash to meet operational needs.

• ii. Surplus cash held by the operating entities over and above balance required for working capital management are transferred to the Company treasury. Company treasury invests surplus cash in interest bearing current accounts, time deposits and marketable customers, choosing instruments with appropriate maturities or sufficient liquidity to provide sufficient headroom as determined by the abovementioned forecasts.

• iii. The table below analyses the Company’s non-derivative financial liabilities and netsettled or gross-settled derivative financial liabilities into relevant maturity groupings based on the remaining period at the balance sheet date to the contractual maturity date for non-derivative financial liabilities and to the expected maturity date for derivative financial liabilities. The amounts disclosed in the table are the contractual undiscounted cash flows.

Non-derivative financial liabilities:

Non-derivative financial liabilities:
December 31, 2024 Accounts payable (including related parties) Short-term borrowings Other payables Lease liabilities Refund liabilities	Less than 1year 3,649,606 $ 600,000 2,088,818 17,078 260,980	Over 1year
		- $ - - 8,610 -

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Non-derivative financial liabilities: December 31, 2023 Less than 1 year Over 1 year - Accounts payable (including $ 3,548,312 $ related parties) - Short-term borrowings 400,000 - Other payables 2,008,890 Lease liabilities 11,311 4,350 Refund liabilities 219,908 -

(3) Fair value information

• A. The different levels that the inputs to valuation techniques are used to measure fair value of financial and non-financial instruments have been defined as follows:

• Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date. A market is regarded as active where a market in which transactions for the asset or liability take place with sufficient frequency and volume to provide pricing information on an ongoing basis. The fair value of the Company’s investment in listed stocks, beneficiary certificates and etc. is included in Level 1.

• Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. The fair value of the Company’s investment in convertible bonds and most derivative instruments is included in Level 2.

• Level 3: Unobservable inputs for the asset or liability. The fair value of the Company’s investment in equity investment without active market is included in Level 3.

• B. Financial instruments not measured at fair value

• The carrying amounts of cash and cash equivalents, notes receivable, accounts receivable (including related parties), other receivables, notes payable, accounts payable and other payables (including related parties) are approximate to their fair values.

• C. The related information on financial and non-financial instruments measured at fair value by level on the basis of the nature, characteristics and risks of the assets and liabilities is as follows: (a) The related information on the nature of the assets and liabilities is as follows:

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December 31, 2024 Assets Financial assets at fair value through profit or loss Equity securities Debt securities Beneficiary certificates Derivative instruments Hybrid instruments Financial assets at fair value through other comprehensive income Debt securities Recurring fair value measurements December 31, 2023 Assets Financial assets at fair value through profit or loss Equity securities Debt securities Beneficiary certificates Derivative instruments Hybrid instruments Financial assets at fair value through other comprehensive income Debt securities Recurring fair value measurements	Level 1 271,947 $ 20,000 - - 99,908 66,541 458,396 $ Level 1 1,457,543 $ 20,000 - - 94,560 182,603 1,754,706 $	Level 2 9,422 $ - - 304,945 - - 314,367 $ Level 2 11,365 $ - - 59,810 - - 71,175 $	Level3 224,450 $ - 170,331 - - - 394,781 $ Level3 270,964 $ - 161,238 - - - 432,202 $	Total 505,819 $ 20,000 170,331 304,945 99,908 66,541
				1,167,544 $
				Total
				1,739,872 $ 20,000 161,238 59,810 94,560 182,603
				2,258,083 $

• (b) The methods and assumptions the Company used to measure fair value are as follows:

• i. The instruments the Company used market quoted prices as their fair values (that is, Level 1) are listed below by characteristics:

Market quoted price	Listed shares Closing price	Open-endfund Net asset value	Convertible bond
			Closing

• ii. Except for financial instruments with active markets, the fair value of other financial instruments is measured by using valuation techniques. The fair value of financial instruments measured by using valuation techniques can be referred to current fair value of instruments with similar terms and characteristics in substance, other valuation

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methods, including calculated by applying model using market information available at the parent company only balance sheet date.

• iii.When assessing non-standard and low-complexity financial instruments, for example, foreign exchange swap contracts, the Company adopts valuation technique that is widely used by market participants. The inputs used in the valuation method to measure these financial instruments are normally observable in the market.

• iv. The valuation of derivative financial instruments is based on valuation model widely accepted by market participants, such as present value techniques and option pricing models. Forward exchange contracts are usually valued based on the current forward exchange rate.

• v. The Company takes into account adjustments for credit risks to measure the fair value of financial and non-financial instruments to reflect credit risk of the counterparty and the Company’s credit quality.

• D. For the years ended December 31, 2024 and 2023, there was no transfer between Level 1 and Level 2.

• E. The following chart is the movement of Level 3 for the years ended December 31, 2024 and 2023:

2023:
					2024
			Equity		Foreign
			securities	venture capital				Total
At January 1		$	270,964	$	161,238		$	432,202
Gains (losses) recognised in profit or loss	(		28,292)		9,093	(		19,199)
Disposed of during the year	(		18,222)		-	(		18,222)
At December 31		$	224,450	$	170,331		$	394,781
					2023
			Equity		Foreign
			securities	venture capital				Total
At January 1		$	231,211	$	336,666		$	567,877
Gains (losses) recognised in profit or loss	(		6,835)	(	89,821)	(		96,656)
Acquired during the year			58,888		-			58,888
Disposed of during the year	(		12,300)	(	85,607)	(		97,907)
At December 31		$	270,964	$	161,238		$	432,202

• F. In the valuation process of categorising the fair value into Level 3, the Company’s investment segment or the appointed third party conducts independent verification for the fair value of financial instruments by matching the valuation result with market status through independent resource, verifying its independence, reliability, consistency with other resource and representation of viable price. Besides, the segment regularly calibrates the valuation model, conducts retrospective tests, updates the values of input, data, and makes any other necessary

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adjustment to the fair value to ensure the valuation result is reasonable.

• G. The details about quantified information in relation to significant unobservable inputs for measuring the fair value of Level 3 and sensitivity analysis of significant unobservable inputs is listed below and Note 12(3)8.

Non-derivative equity instrument Unlisted shares Unlisted shares (including venture capital shares and fund investment) Non-derivative equity instrument Unlisted shares Unlisted shares (including venture capital shares and fund investment)

Fair value at Significant Range Relationship December 31, Valuation unobservable (weighted of inputs 2024 technique inputs average) to fairvalue 129,777 $ Market comparable companies Price to book ratio multiple, price-to- sales ratio and operating income multiple 0.32~1.69 (0.97) The higher the multiple, the higher the fair value 265,004 Net asset value Not applicable Not applicable Not applicable Fair value at Significant Range Relationship December 31, Valuation unobservable (weighted of inputs 2023 technique inputs average) to fairvalue 157,230 $ Market comparable companies Price to book ratio multiple, price-to- sales ratio and operating income multiple 0.75~2.00 (1.14) The higher the multiple, the higher the fair value 274,972 Net asset value Not applicable Not applicable Not applicable

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• H. The Company has carefully assessed the valuation models and assumptions used to measure fair value. However, use of different valuation models or assumptions may result in different measurement. The following is the effect on profit or loss or on other comprehensive income from financial assets and liabilities categorised within Level 3 if the inputs used to valuation models have changed:

models have changed:
Input Financial assets Equity instrument Price to book ratio multiple Operating income multiple Equity instrument Not applicable Input Financial assets Equity instrument Price to book ratio multiple Operating income multiple Equity instrument Not applicable	Change ± 1% ± 1% Change ± 1% ± 1%	Favourable Unfavourable change change 1,298 $ 1,298 $ 2,650 2,650 3,948 $ 3,948 $ December Recognised in profit or loss December	Favourable Unfavourable change change - $ - $ - - - $ - $ 31,2024 Recognised in other comprehensiveincome 31,2023
		Favourable change 1,298 $ 2,650 3,948 $
				- $ -
				- $
		Favourable Unfavourable change change 1,572 $ 1,572 $ 2,750 2,750 4,322 $ 4,322 $ Recognised in profit or loss	Recognised in other comprehensiveincome
		Favourable change 1,572 $ 2,750 4,322 $	Favourable change - $ - - $	Unfavourable change
				- $ -
				- $

13. SUPPLEMENTARY DISCLOSURES

(1) Significant transactions information

• Information on significant transactions as of and for the year ended December 31, 2024 in conformity with the Rules Governing the Preparation of Financial Statements by Securities Issuers are as follows. In addition, inter-company transactions between companies were eliminated. The following disclosures are for reference only:

• A. Loans to others: Refer to table 1.

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• B. Provision of endorsements and guarantees to others: Refer to table 2.

• C. Holding of marketable securities at the end of the period (not including subsidiaries, associates and joint ventures): Refer to table 3.

• D. Acquisition or sale of the same security with the accumulated cost exceeding $300 million or 20% of the Company’s paid-in capital: Refer to table 4.

• E. Acquisition of real estate reaching $300 million or 20% of paid-in capital or more: None.

• F. Disposal of real estate reaching $300 million or 20% of paid-in capital or more: None.

• G. Purchases or sales of goods from or to related parties reaching $100 million or 20% of paid-in capital or more: Refer to table 5.

• H. Receivables from related parties reaching $100 million or 20% of paid-in capital or more: Refer to table 6.

• I. Trading in derivative instruments undertaken during the reporting periods: Refer to Notes 6(2) and 12(3).

• J. Significant intraCompany transactions during the reporting periods: Refer to table 7.

• (2) Information on investees

Names, locations and other information of investee companies (not including investees in Mainland China): Refer to table 8.

(3) Information on investments in Mainland China

• A. Basic information: Refer to table 10.

• B. Significant transactions, either directly or indirectly through a third area, with investee companies in the Mainland Area: Refer to table 6, 7, 8 and note 13.

• (4) Major shareholders information

Major shareholders information: The Company has no shareholders holding more than 5% of shares.

14. SEGMENT INFORMATION

Not applicable.

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AMTRAN TECHNOLOGY CO., LTD.

Loans to others

Year ended December 31, 2024

Table 1

Expressed in thousands of NTD (Except as otherwise indicated)

No. （Note1）	Creditor	Borrower	General ledger account	Is a related party	Maximum outstanding balance during the year ended December 31,2024	Balance at December 31,2024	Actual amount drawndown	Interest rate	Nature of loan （Note2）	Amount of transactions with the borrower	Reason for short-term financing	Allowance for doubtful accounts	Collateral	Collateral	Limit on loans granted to a single party (Note 3)	Ceiling on total loans granted (Note 3)	Footnote
													Item	Value
0	Amtran Technology Co., Ltd.	AMTRAN VIETNAM TECHNOLOGY COMPANY LIMITED	Other receivables– related parties	Y	328,350 $	327,850 $	- $	Based on the agreement	2	- $	For acquisitions of equipment and operational needs	- $	None	- $	2,769,092 $	5,538,183 $

Note 1: The numbers filled in for the loans provided by the Company or subsidiaries are as follows:

• (1) The Company is ‘0’.

• (2) The subsidiaries are numbered in order starting from ‘1’.

Note 2: The column of ‘Nature of loan’ shall fill in ‘Business transaction or ‘Short-term financing:

• (1) The Business association is ‘1’.

• (2) The Short-term financing are numbered in order starting from ‘2’

Note 3: Ceiling on total loans granted shall not exceed 40% of the Company’s net asset value. Limit on loans granted to a single party shall not exceed 10% of the Company’s net asset value, except for the subsidiaries, which have 90% voting shares held by the Company, shall not exceed 20% of the Company's net asset value.

Table 1, Page 1

AMTRAN TECHNOLOGY CO., LTD.

Provision of endorsements and guarantees to others Year ended December 31, 2024

Number （Note1） Table 2	Endorser/ guarantor	Party being endorsed/guaranteed	Party being endorsed/guaranteed	Limit on endorsements/ guarantees provided for a single party (Notes 3 and 8)	Maximum outstanding endorsement/ guarantee amount as of December 31, 2024 (Note4)	Outstanding endorsement/ guarantee amount at December 31, 2024 (Note 5)	Actual amount drawn down (Note 6)	Amount of endorsements/ guarantees secured with collateral	Ratio of accumulated endorsement/ guarantee amount to net asset value of the endorser/ guarantor company	Ceiling on total amount of guarantees provided (Notes 3 and 8)	Provision of endorsements/ guarantees by parent company to subsidiary (Note7)	Provision of Provision of endorsements/ endorsements/ guarantees by guarantees to subsidiary to the party in parent Mainland company China (Note7) (Note7) Footnote Expressed in thousands of NTD (Except as otherwise indicated)	Provision of Provision of endorsements/ endorsements/ guarantees by guarantees to subsidiary to the party in parent Mainland company China (Note7) (Note7) Footnote Expressed in thousands of NTD (Except as otherwise indicated)	Provision of Provision of endorsements/ endorsements/ guarantees by guarantees to subsidiary to the party in parent Mainland company China (Note7) (Note7) Footnote Expressed in thousands of NTD (Except as otherwise indicated)
		Companyname	Relationship with the endorser/ guarantor (Note2)
0 0	Amtran Technology Co., Ltd. Amtran Technology Co., Ltd.	AMTRAN VIETNAM TECHNOLOGY COMPANY LIMITED RICK TECHNOLOGY INC.	2 2	2,769,092 $ 2,769,092	1,477,575 $ 1,477,575	1,049,120 $ 426,205	$ - -	$ - -	7.58 3.08	6,922,729 $ 6,922,729 $	Y Y	N N	N N

Note 1: The numbers filled in for the endorsements/guarantees provided by the Company or subsidiaries are as follows:

• (1) The Company is ‘0’.

• (2) The subsidiaries are numbered in order starting from ‘1’.

Note 2: Relationship between the endorser/guarantor and the party being endorsed/guaranteed is classified into the following six categories; fill in the number of category each case belongs to:

• (1) Having business relationship.

• (2) The endorser/guarantor parent company owns directly more than 50% voting shares of the endorsed/guaranteed subsidiary.

• (3) The endorser/guarantor parent company and its subsidiaries jointly own more than 50% voting shares of the endorsed/guaranteed company.

• (4) The endorsed/guaranteed parent company directly or indirectly owns more than 50% voting shares of the endorser/guarantor subsidiary.

• (5) Mutual guarantee of the trade as required by the construction contract.

• (6) Due to joint venture, each shareholder provides endorsements/guarantees to the endorsed/guaranteed company in proportion to its ownership.

• Note 3: Fill in limit on endorsements/guarantees provided for a single party and ceiling on total amount of endorsements/guarantees provided as prescribed in the endorser/guarantor company’s “Procedures for Provision of Endorsements and Guarantees”, and state each individual party to which the endorsements/guarantees have been provided and the calculation for ceiling on total amount of endorsements/guarantees provided in the footnote.

Note 4: Fill in the year-to-date maximum outstanding balance of endorsements/guarantees provided as of the reporting period.

• Note 5: Once endorsement/guarantee contracts or promissory notes are signed/issued by the endorser/guarantor company to the banks, the endorser/guarantor company bears endorsement/guarantee liabilities. And all other events involve endorsements and guarantees should be included in the balance of outstanding endorsements and guarantees.

Note 6: Fill in the actual amount of endorsements/guarantees used by the endorsed/guaranteed company.

Note 7: Fill in ‘Y’ for those cases of provision of endorsements/guarantees by listed parent company to subsidiary and provision by subsidiary to listed parent company, and provision to the party in Mainland China.

Note 8: Ceiling on total amount of endorsements/guarantees provided shall not exceed 50% of the Company's latest net assets; limit on endorsement/guarantee to a single party shall not exceed 10% of the Company's net assets, except for

the subsidiaries, which have 90% voting shares held by the Company directly, shall not exceed 20% of the Company's net asset value as prescribed in the Company’s “Procedures for Provision of Loans”. The net assets were based on the latest audited financial statements of the Company.

Table 2, Page 1

Expressed in thousands of NTD

AMTRAN TECHNOLOGY CO., LTD.

Holding of marketable securities at the end of the period (not including subsidiaries, associates and joint ventures)

Year ended December 31, 2024

Table 3

(Except as otherwise indicated)

Securities held by	Marketable securities （Note 1）	Relationship with the securities issuer(Note 2)	General ledger account		As of December 31,2024	As of December 31,2024		Footnote （Note 4）
				Number of shares (in thousands)	Book value (Note3)	Ownership (%)	Fairvalue
Amtran Technology Co., Ltd. Amtran Technology Co., Ltd.	Domestic and foreign listed stocks CTBC Financial Holding Co., Ltd. Preferred Shares B Fubon Financial Holding Co., Ltd. Preferred Shares A Cathay Financial Holding Co., Ltd. Preferred Stock A Foxtron Vehicle Technologies Co., Ltd. E Ink Holdings Inc. Capital Tip Customized Taiwan Select High Dividend ETF Realfiction Holding AB ProShares Short Dow30 (DOG) Telefonaktiebolaget LM Ericsson B ADR (ERIC) Applied Optoelectronics Inc (AAOI) Adobe Inc (ADBE) Domestic and foreign unlisted stocks Ordinary shares of Neweb Technologies Co., Ltd. Jason's Entertainment Co., Ltd. V5 TECHNOLOGIES CO., LTD. I-Serve Holdings Limited Sustainable Development Co., Ltd. OWLINK TECHNOLOGY, INC. FUGOO CORP. Ordinary shares of Yu-Chi Venture Capital Investment Corporation 17LIFE INC. Fuyo Venture Capital Limited Partnership RFIC TECHNOLOGY CORPORATION	- - - - - - - - - - - - - - - - - - - - - -	Current financial assets at fair value through profit or loss 〞 〞 〞 〞 〞 〞 〞 〞 〞 〞 Current financial assets at fair value through profit or loss 〞 〞 〞 〞 〞 〞 〞 〞 〞 〞	1,098 392 270 1,200 30 500 1,863 2 8 12 1 716 610 7,399 1,000 566 Note 5 Note 6 248 750 - 1,000	68,625 $ 24,774 16,470 49,380 8,190 11,690 61,153 1,923 2,114 14,504 13,123	0.22% 0.02% 0.02% 0.07% 0.00% 0.00% 9.42% 0.05% 0.00% 0.03% 0.00% 0.95% 3.82% 3.60% 1.87% 0.76% 8.47% 20% 3.75% 4.17% 5.77% 3.50%	68,625 $ 24,774 16,470 49,380 8,190 11,690 61,153 1,923 2,114 14,504 13,123
					271,946		271,946
					14,768 9,423 73,989 - 5,658 110,765 - 4,244 - 12,115 2,911		14,768 9,423 73,989 - 5,658 110,765 - 4,244 - 12,115 2,911
					233,873		233,873

Table 3, Page 1

Securities held by	Marketable securities （Note 1）	Relationship with the securities issuer(Note 2)	General ledger account		As of December 31,2024	As of December 31,2024		Footnote （Note 4）
				Number of shares (in thousands)	Book value (Note3)	Ownership (%)	Fairvalue
Amtran Technology Co., Ltd. Amtran Technology Co., Ltd. Amtran Technology Co., Ltd.	Domestic bonds - Bank Cathay 1st perpetual cumulative subordinated corporate bond issue in 2019 HSBC Notional Notes 5.887% Foreign Venture Fund Yuanta Daily Taiwan 50 Bear -1X ETF CHERUBIC VENTURES FUND II L.P CHERUBIC VENTURES FUND IV, L.P Foreign stock linked fund Worst of KI RCN UBSL 14.60% Worst of KI RCN UBSL 11.84% Autocallable Wo RCN CSIF 25.86% Worst of KI RCN HSBC 13.07%	- - - - - - - - -	Current financial assets at fair value through profit or loss Current financial assets at fair value through other comprehensive income Current financial assets at fair value through profit or loss 〞 〞 〞 〞 〞 〞	- - 170 - - - - - -	20,000 $ 66,541	- - - - - - - - -	20,000 $ 66,541
					86,541		86,541
					556 $ 137,915 32,416		556 $ 137,915 32,416
					170,887		170,887
					16,733 16,646 33,239 32,734		16,733 16,646 33,239 32,734
					99,352		99,352
					862,599 $		862,599 $

Note 1: Marketable securities in the table refer to stocks, bonds, beneficiary certificates and other related derivative securities.

Note 2: Leave the column blank if the issuer of marketable securities is non-related party.

Note 3: Fill in the amount after adjusted at fair value and deducted by accumulated impairment for the marketable securities measured at fair value; fill in the acquisition cost or amortised cost deducted by accumulated impairment for the marketable securities not measured at fair value.

Note 4: The number of shares of securities and their amounts pledged as security or pledged for loans and their restrictions on use under some agreements should be stated in the footnote if the securities presented herein have such conditions. Note 5: As of December 31, 2024, the Company held 1,200 thousand Series A Stock preference shares, 2,100 thousand Seris B Stock shares and 1,200 thousand Seed Preferred Stock shares of Owlink Technology, Inc.,presenting 8.47% of shareholding ratio. Note 6: As of December 31, 2024, the Company held 200 thousand preference shares of Fugoo Corp., presenting 20.00% of total preference shares.

Table 3, Page 2

Securities held by	Marketable securities （Note 1）	Relationship with the securities issuer(Note 2)	General ledger account		As of December 31,2024	As of December 31,2024		Footnote （Note 4）
				Number of shares (in thousands)	Book value (Note3)	Ownership (%)	Fairvalue
REI MAU ENTERPRISE CO., LTD. REI MAU ENTERPRISE CO., LTD.	Domestic listed stocks Fubon Financial Holding Co., Ltd. Preferred Shares A Cathay Financial Holding Co., Ltd. Preferred Stock A Domestic and foreign unlisted stocks Silcon Tech., Inc. Hua-ke material technology Inc. NEW SMART TECHNOLOGY CO., LTD. Golden Sapphire International Co., Ltd.	- - - - - -	Current financial assets at fair value through profit or loss 〞 〞 〞 〞 〞	698 602 1,604 234 195 28	44,114 $ 36,722 80,836 44,872 8 5,759 1,000 51,639 132,475 $	0.04% 0.04% 4.32% 1.54% 0.89% 17.92%	44,114 $ 36,722 80,836 44,872 8 5,759 1,000 51,639 132,475 $

Note 1: Marketable securities in the table refer to stocks, bonds, beneficiary certificates and other related derivative securities.

Note 2: Leave the column blank if the issuer of marketable securities is non-related party.

Note 3: Fill in the amount after adjusted at fair value and deducted by accumulated impairment for the marketable securities measured at fair value; fill in the acquisition cost or amortised cost deducted by accumulated impairment for the marketable securities not measured at fair value.

Note 4: The number of shares of securities and their amounts pledged as security or pledged for loans and their restrictions on use under some agreements should be stated in the footnote if the securities presented herein have such conditions.

Table 3, Page 3

Securities held by	Marketable securities （Note 1）	Relationship with the securities issuer(Note 2)	General ledger account		As of December 31,2024	As of December 31,2024		Footnote （Note 4）
				Number of shares (in thousands)	Book value (Note3)	Ownership (%)	Fairvalue
RICK TECHNOLOGY INC.	Foreign stock linked fund DSNI34973 FCN-246-E FCN-488-E FCN-982-E FCN-986-E FCN-056-F FCN-058-F FCN-086-F	- - - - - - - -	Current financial assets at fair value through profit or loss 〞 〞 〞 〞 〞 〞 〞	- - - - - - - -	9,887 $ 9,797 12,872 9,985 9,875 10,057 9,957 13,462 85,892 $	- - - - - - - -	9,887 $ 9,797 12,872 9,985 9,875 10,057 9,957 13,462 85,892 $

• Note 1: Marketable securities in the table refer to stocks, bonds, beneficiary certificates and other related derivative securities.

Note 2: Leave the column blank if the issuer of marketable securities is non-related party. Note 3: Fill in the amount after adjusted at fair value and deducted by accumulated impairment for the marketable securities measured at fair value; fill in the acquisition cost or amortised cost deducted by accumulated impairment for the marketable securities not measured at fair value.

Note 4: The number of shares of securities and their amounts pledged as security or pledged for loans and their restrictions on use under some agreements should be stated in the footnote if the securities presented herein have such conditions.

Table 3, Page 4

Securities held by	Marketable securities （Note 1）	Relationship with the securities issuer(Note 2)	General ledger account		As of December 31,2024	As of December 31,2024		Footnote （Note 4）
				Number of shares (in thousands)	Book value (Note3)	Ownership (%)	Fairvalue
ABOUND PROFITS LIMITED	Domestic and foreign unlisted stocks OWLINK TECHNOLOGY, INC	-	Current financial assets at fair value through profit or loss	Note 5	34,758 $	1.88%	34,758 $

Note 1: Marketable securities in the table refer to stocks, bonds, beneficiary certificates and other related derivative securities.

Note 2: Leave the column blank if the issuer of marketable securities is non-related party.

Note 3: Fill in the amount after adjusted at fair value and deducted by accumulated impairment for the marketable securities measured at fair value; fill in the acquisition cost or amortised cost deducted by accumulated impairment for the marketable securities not measured at fair value.

Note 4: The number of shares of securities and their amounts pledged as security or pledged for loans and their restrictions on use under some agreements should be stated in the footnote if the securities presented herein have such conditions. Note 5: As of December 31, 2024, the Company held 1,000 thousand Seris B Stock shares of Owlink Technology, Inc., constituting 1.88% of shareholding ratio.

Table 3, Page 5

Securities held by	Marketable securities （Note 1）	Relationship with the securities issuer(Note 2)	General ledger account		As of December 31,2024	As of December 31,2024		Footnote （Note 4）
				Number of shares (in thousands)	Book value (Note3)	Ownership (%)	Fairvalue
Amtran Electronic Co., Ltd.	Domestic and foreign unlisted stocks Beijing Hypersring Technologies, Inc		Current financial assests at fair value through other comprehensive income	-	1,896 $	15.00%	1,896 $

• Note 1: Marketable securities in the table refer to stocks, bonds, beneficiary certificates and other related derivative securities.

• Note 2: Leave the column blank if the issuer of marketable securities is non-related party.

Note 3: Fill in the amount after adjusted at fair value and deducted by accumulated impairment for the marketable securities measured at fair value; fill in the acquisition cost or amortised cost deducted by accumulated impairment for the marketable securities not measured at fair value.

• Note 4: The number of shares of securities and their amounts pledged as security or pledged for loans and their restrictions on use under some agreements should be stated in the footnote if the securities presented herein have such conditions.

Table 3, Page 6

AMTRAN TECHNOLOGY CO., LTD.

Acquisition or sale of the same security with the accumulated cost exceeding $300 million or 20% of the Company's paid-in capital

Year ended December 31, 2024

Table 4 Investor	Marketable securities	General ledger account	Counterparty （Note 1）	Relationship with theinvestor	Balanc January	e as at 1,2024	Addition （Note 2）	Addition （Note 2）		Disposal	Disposal		Number of shares Amount Note Expressed in thousands of NTD (Except as otherwise indicated) Balance as at December 31,2024	Number of shares Amount Note Expressed in thousands of NTD (Except as otherwise indicated) Balance as at December 31,2024	Number of shares Amount Note Expressed in thousands of NTD (Except as otherwise indicated) Balance as at December 31,2024
					Number of shares	Amount	Number of shares	Amount	Number of shares	Selling price	Bookvalue	Gain (loss) on disposal	Number of shares	Amount
Amtran Technology Co., Ltd.	VIZIO Holding Corp.	Current financial assets at fair value through profit or loss	-	None	5,006	$ 1,183,802	-	-	5,006	$ 1,669,712	$ 1,183,802	$ 485,910	-	$ -	-

• Note 1: Marketable securities in the table refer to stocks, bonds, beneficiary certificates and other related derivative securities.

Note 2: Fill in the columns the counterparty and relationship if securities are accounted for under the equity method; otherwise leave the columns blank. Note 3: Aggregate purchases and sales amounts should be calculated separately at their market values to verify whether they individually reach NT$300 million or 20% of paid-in capital or more. Note 4: Paid-in capital referred to herein is the paid-in capital of parent company. In the case that shares were issued with no par value or a par value other than NT$10 per share, the 20% of paid-in capital shall be replaced by 10% of equity attributable to owners of the parent in the calculation.

Table 4, Page 1

AMTRAN TECHNOLOGY CO., LTD.

Table 5

Acquisition of real estate reaching NT$300 million or 20% of paid-in capital or more

Year ended December 31, 2024

Expressed in thousands of NTD (Except as otherwise indicated)

Real estate acquired by	Real estate	Date of the event	Transaction amount	Status of payment	Counterparty	Relationship	Information on	prior transaction if the counterparty is a related party	prior transaction if the counterparty is a related party	prior transaction if the counterparty is a related party	Basis or reference used in setting the price	Purpose of acquisition and utilization	Other commitments
							Owner	Relationship with the issuer	Date of transfer	Amount
AMTRAN VIETNAM TECHNOLOGY COMPANY LIMITED	Vietnam right-of-use land	2024/10/31	$ 387,764	Fully paid	VSIP Hai Phong Co., Ltd.	None	Not applicable	Not applicable	Not applicable	Not applicable	Not applicable	Operational needs	None

Note 1: For assets that are required to be appraised according to regulations, the appraisal results should be indicated in the "Reference Basis for Price Determination" column. Note 2: The term "paid-in capital" refers to the paid-in capital of the parent company. For issuers whose stock has no par value or a par value other than NTD$10 per share,

the transaction amount relating to 20% of paid-in capital is calculated as 10% of the equity attributable to owners of the parent company as shown on the balance sheet.

Note 3: The date of occurrence refers to the earliest of the following dates: the transaction contract date, payment date, transaction execution date, transfer date,

board resolution date, or any other date that can confirm the transaction counterpart and transaction amount.

Table 5, Page 1

Table 6

AMTRAN TECHNOLOGY CO., LTD.

Purchases or sales of goods from or to related parties reaching $100 million or 20% of paid-in capital or more

Year ended December 31, 2024

Expressed in thousands of NTD (Except as otherwise indicated)

Purchaser/seller	Counterparty	Relationship with the counterparty		Tran	saction		Differences in transaction terms compared to third party transactions (Note 1)	Differences in transaction terms compared to third party transactions (Note 1)	Notes/accounts re	ceivable(payable)	Footnote (Note 2)
			Purchases (sales)	Amount	Percentage of total purchases (sales)	Credit term	Unitprice	Credit term	Balance	Percentage of total notes/accounts receivable (payable)
Amtran Technology Co., Ltd. Amtran Technology Co., Ltd. Amtran Technology Co., Ltd. Suzhou Raken Technology Ltd. RICK TECHNOLOGY INC. RICK TECHNOLOGY INC. AMTRAN VIETNAM TECHNOLOGY COMPANY LIMITED AMTRAN VIETNAM TECHNOLOGY COMPANY LIMITED AMTRAN VIETNAM TECHNOLOGY COMPANY LIMITED	Suzhou Raken Technology Ltd. AMTRAN VIDEO CORPORATION RICK TECHNOLOGY INC. Amtran Technology Co., Ltd. RARA INC. AMTRAN VIETNAM TECHNOLOGY COMPANY LIMITED Amtran Technology Co., Ltd. RICK TECHNOLOGY INC. Suzhou Raken Technology Ltd.	The Company’s subsidiary The Company’s subsidiary The Company’s subsidiary Ultimate parent company Other related party Fellow subsidiary Ultimate parent company Fellow subsidiary Fellow subsidiary	(Sales) (Sales) (Sales) (Sales) (Sales) (Sales) (Sales) (Sales) (Sales)	840,724 $	4% 1% 2% 61% 69% 20% 92% 2% 2%	60 days after monthly billings 60 days after monthly billings 90 days after monthly billings 75 days after monthly billings 90 days after monthly billings 45 days after monthly billings 75 days after monthly billings 90 days after monthly billings 90 days after monthly billings	Sales price under mutual agreement Sales price under mutual agreement Sales price under mutual agreement Sales price under mutual agreement Sales price under mutual agreement Sales price under mutual agreement Sales price under mutual agreement Sales price under mutual agreement Sales price under mutual agreement	30~90 days after monthly billing for regular clients 30~90 days after monthly billing for regular clients 30~90 days after monthly billing for regular clients 30~90 days after monthly billing for regular clients 30~90 days after monthly billing for regular clients 30~90 days after monthly billing for regular clients 30~90 days after monthly billing for regular clients 30~90 days after monthly billing for regular clients 30~90 days after monthly billing for regular clients	$-	0% 2% 3% 68% 0.82 18% 84% 2% 4%
				192,326 $					84,545 $
				474,169 $					101,750 $
				5,662,659 $					1,454,872 $
				529,259 $					120,923 $
				154,732 $					27,155 $
				13,611,517 $					2,128,193 $
				229,422 $					45,428 $
				257,701 $					104,264 $

Note 1: If terms of related party transactions are different from third-party transactions, explain the differences and reasons in the ‘Unit price’ and ‘Credit term’ columns.

Note 2: In case related-party transaction terms involve advance receipts (prepayments) transactions, explain in the footnote the reasons, contractual provisions, related amounts, and differences in types of transactions compared to third-party transactions.

Note 3: Paid-in capital referred to herein is the paid-in capital of parent company. In the case that shares were issued with no par value or a par value other than NT$10 per share, the 20% of paid-in capital shall be replaced by 10% of equity attributable to owners of the parent in the calculation.

Note 4: The transactions between the Company and subsidiaries are disclosed from the aspect of asset and revenue and the corresponding transactions are not disclosed.

Table 6, Page 1

Table 7

AMTRAN TECHNOLOGY CO., LTD.

Receivables from related parties reaching $100 million or 20% of paid-in capital or more Year ended December 31, 2024

Expressed in thousands of NTD (Except as otherwise indicated)

Creditor	Counterparty	Relationship with the counterparty	Balance as at December 31,2024(Note 1)	Turnover rate	Overdue receivables	Overdue receivables	Amount collected subsequent to the balance sheet date	Allowance for doubtful accounts
					Amount	Action taken
AMTRAN VIETNAM TECHNOLOGY COMPANY LIMITED. AMTRAN VIETNAM TECHNOLOGY Suzhou Raken Technology Ltd. RICK TECHNOLOGY INC. Amtran Technology Co., Ltd.	Amtran Technology Co., Ltd. Suzhou Raken Technology Ltd. Amtran Technology Co., Ltd. RARA INC. RICK TECHNOLOGY INC.	Ultimate parent company Fellow subsidiary Ultimate parent company Other related party The Company’s subsidiary	$ 2,128,193 104,264 1,454,872 120,923 101,750	6.05 3.58 4.31 3.89 4.00	$ - - - - -	$ - - - - -	$ 1,311,600 34,396 337,491 26,365 23,320	$ - - - - -

Note 1: Fill in separately the balances of accounts receivable–related parties, notes receivable–related parties, other receivables–related parties…etc.

Note 2: Paid-in capital referred to herein is the paid-in capital of parent company. In the case that shares were issued with no par value or a par value other than NT$10 per share, the 20 % of paid-in capital shall be replaced by 10% of equity attributable to owners of the parent in the calculation.

Table 7, Page 1

AMTRAN TECHNOLOGY CO., LTD.

Table 8

Significant inter-company transactions during the reporting period

Year ended December 31, 2024

Expressed in thousands of NTD

(Except as otherwise indicated)

Transaction (Note 5)

Number (Note 1)	Companyname	Counterparty	Relationship (Note 2)	General ledger account	Amount	Transaction terms	Percentage of consolidated total operating revenues or total assets(Note 3)
0 1 1 2 2	Amtran Technology Co., Ltd. Suzhou Raken Technology Ltd. Suzhou Raken Technology Ltd. AMTRAN VIETNAM TECHNOLOGY COMPANY LIMITED AMTRAN VIETNAM TECHNOLOGY COMPANY LIMITED	Suzhou Raken Technology Ltd. Amtran Technology Co., Ltd. Amtran Technology Co., Ltd. Amtran Technology Co., Ltd. Amtran Technology Co., Ltd.	Parent company to Subsidiary Subsidiary to parent company Subsidiary to parent company Subsidiary to parent company Subsidiary to parent company	Sales Sales Accounts receivable Sales Accounts receivable	840,724 $ 5,662,659 1,454,872 13,611,517 2,128,193	60 days after monthly billings 75 days after monthly billings 75 days after monthly billings 75 days after monthly billings 75 days after monthly billings	4% 24% 7% 59% 10%

Note 1: The numbers filled in for the transaction company in respect of inter-company transactions are as follows:

• (1) Parent company is ‘0’.

(2) The subsidiaries are numbered in order starting from ‘1’.

Note 2: Relationship between transaction company and counterparty is classified into the following three categories:

• (1) Parent company to subsidiary.

• (2) Subsidiary to parent company.

• (3) Subsidiary to subsidiary.

Note 3: Regarding percentage of transaction amount to consolidated total operating revenues or total assets, it is computed based on period-end balance of transaction to consolidated total assets for balance sheet accounts and based on accumulated transaction amount for the period to consolidated total operating revenues for income statement accounts.

Note 4: The Company may decide to disclose or not to disclose transaction details in this table based on the materiality principle. Note 5: The individual transaction below NT$0.5 billion is not disclosed. Transactions are disclosed from the assets and revenue's side and are not disclosed from the opposite side.

Table 8, Page 1

Table 9

AMTRAN TECHNOLOGY CO., LTD.

Information on investees

Year ended December 31, 2024

Expressed in thousands of NTD

(Except as otherwise indicated)

Investor	Investee (Notes 1 and 2)	Location	Main business activities	Initial invest	ment amount	Shares held	as at Decemb	er 31,2024	Net profit (loss) of the investee for the year ended December 31, 2024 (Note 2(2))	Investment income (loss) recognised by the Company for the year ended December 31, 2024 (Note 2(3))	Footnote
				Balance as at December 31, 2024	Balance as at December 31, 2023	Number of shares	Ownership (%)	Bookvalue
Amtran Technology Co., Ltd. Amtran Technology Co., Ltd. Amtran Technology Co., Ltd. Amtran Technology Co., Ltd. Amtran Technology Co., Ltd. Amtran Technology Co., Ltd. Amtran Technology Co., Ltd. Amtran Technology Co., Ltd. Amtran Technology Co., Ltd. Amtran Technology Co., Ltd. Amtran Technology Co., Ltd.	ABOUND PROFITS LIMITED REI MAU ENTERPRISE CO., LTD. ASEV DISPLAY LABS RICK TECHNOLOGY INC. AMTRAN LOGISTICS, INC. AMTRAN VIDEO CORPORATION SPYGLASS TESLA, LLC. AMTRAN VIETNAM TECHNOLOGY COMPANY LIMITED AMTRAN VIETNAM TRADING COMPANY LIMITED HEROIC FAITH MEDICAL SCIENCE CO., LTD HUA JUNG COMPONENTS CO., LTD.	British Virgin Islands Taiwan U.S.A Taiwan U.S.A U.S.A U.S.A Vietnam Vietnam Cayman Islands Taiwan	General investment business General investment business Sales of computer software and hardware, after- sales services Merchandising Business Sales of LCD TVs and logistic services Sales of LCD TVs and logistic services General investment business Manufacturing and sales of LCDs Merchandising Business General investment business Manufacture of electronic components	847,755 $ 299,980 67,189 88,573 32,814 28,560 57,437 2,387,954 30,074 54,262 497,099	847,755 $ 299,980 67,189 88,573 32,814 28,560 57,437 2,387,954 30,074 54,262 497,099	24,800,000 29,998,000 2,000,000 16,400,000 1,000,000 1,000,000 1,750,000 - - 3,333,333 54,575,709	100.00% 100.00% 100.00% 82.00% 100.00% 100.00% 43.75% 100.00% 100.00% 18.73% 31.60%	1,755,373 $ 355,482 111,871 242,206 484,471 24,916 86,039 2,958,302 37,718 6,203 478,134	83,207) ($ 47,654 1,378) ( 20,944 16,002 11,857) ( 18,152 396,351 4,050 47,805) ( 69,661	83,207) ($ 47,654 1,378) ( 17,215 16,002 11,857) ( 7,942 396,351 4,050 - 21,888	Note 3

Table 9, Page 1

Investor	Investee (Notes 1 and 2)	Location	Main business activities	Initial invest	ment amount	Shares held	as at Decemb	er 31,2024	Net profit (loss) of the investee for the year ended December 31, 2024 (Note 2(2))	Investment income (loss) recognised by the Company for the year ended December 31, 2024 (Note 2(3))	Footnote
				Balance as at December 31, 2024	Balance as at December 31, 2023	Number of shares	Ownership (%)	Bookvalue
Amtran Technology Co., Ltd. REI MAU ENTERPRISE CO., LTD. REI MAU ENTERPRISE CO., LTD. REI MAU Capital Inc. RICK TECHNOLOGY INC	BMA VENTURE CAPITAL INVESTMENT CORPORATION REI MAU Capital Inc CDIB-Mac Limited Partnership CDIB-Mac Limited Partnership Rick Service Inc.	Taiwan Taiwan Taiwan Taiwan Taiwan	Venture capital business Venture capital business Venture capital business Venture capital business Logistic services	58,963 $ 6,000 140,583 3,500 15,074	64,795 $ 6,000 116,483 2,900 15,074	5,896,318 600,000 - - 3,000,000	24.14% 100.00% 40.17% 1.00% 100.00%	37,751 $ 8,761 147,046 3,660 30,280	35,587) ($ 2,580 38,524 38,524 3,873) (	8,591) ($ 2,580 15,474 386 3,873) (

Note 1: If a public company is equipped with an overseas holding company and takes consolidated financial report as the main financial report according to the local law rules, it can only disclose the information of the overseas holding company about the disclosure of related overseas investee information.

Note 2: If situation does not belong to Note 1, fill in the columns according to the following regulations:

• (1) The columns of ‘Investee’, ‘Location’, ‘Main business activities’, Initial investment amount’ and ‘Shares held as at December 31, 2024’ should fill orderly in the Company’s (public company’s) information on investees and every directly or indirectly controlled investee’s investment information, and note the relationship between the Company (public company) and its investee each (ex. direct subsidiary or indirect subsidiary) in the ‘footnote’ column..

• (2) The ‘Net profit (loss) of the investee for the year ended December 31, 2024’ column should fill in amount of net profit (loss) of the investee for this period.

• (3) The ‘Investment income (loss) recognised by the Company for the year ended December 31, 2024’ column should fill in the Company (public company) recognised investment income (loss) of its direct subsidiary and

recognised investment income (loss) of its investee accounted for under the equity method for this period. When filling in recognised investment income (loss) of its direct subsidiary, the Company (public company) should confirm that direct subsidiary’s net profit (loss) for this period has included its investment income (loss) which shall be recognised by regulations.

Note 3: The Company held 3,333 thousand preference shares of Heroic Faith Medical Science Co., Ltd.

Table 9, Page 2

AMTRAN TECHNOLOGY CO., LTD.

Information on investments in Mainland China

Year ended December 31, 2024

Table 10

Expressed in thousands of NTD (Except as otherwise indicated)

Investee in Mainland China	Main business activities	Paid-in capital	Investment method	Accumulated amount of remittance from Taiwan to Mainland China as of January 1, 2024	Amount remitted from Taiwan to Mainland China/Amount remitted back to Taiwan for the year ended December 31,2024	Amount remitted from Taiwan to Mainland China/Amount remitted back to Taiwan for the year ended December 31,2024	Accumulated amount of remittance from Taiwan to Mainland China as of December 31,2024	Net income of investee for the year ended December 31, 2024	Ownership held by the Company (direct or indirect)	Investment income (loss) recognised by the Company for the year ended December 31, 2024	Book value of investments in Mainland China as of December 31,2024	Accumulated amount of investment income remitted back to Taiwan as of December 31, 2024	Footnote
					Remitted to Mainland China	Remitted back to Taiwan
Amtran Electronic (Suzhou) Co., Ltd. Suzhou Raken Technology Ltd. Suzhou Raken Technology Ltd. Companyname	R&D, manufacturing and repair service of LCDs R&D, manufacturing and repair service of LCDs R&D, manufacturing and repair service of LCDs Accumulated amount of remittance from Taiwan to Mainland China as of December 31, 2024	1,239,462 $ 2,981,090 2,981,090 Investment amount approved by the Investment Commission of the Ministry of Economic Affairs (MOEA)	1 1 3 Ceiling on investments in Mainland China imposed by the Investment Commission of MOEA	649,242 $ - 1,131,285	$ - - -	$ - - -	649,242 $ - 1,131,285	45,298) ($ 91,674) ( 91,674) (	100.00 62.05 37.95	45,298) ($ 56,884) ( 34,789) (	1,633,860 $ 1,568,837 1,079,825	1,171,421 $ 623,694 551,544
Amtran Technology Co., Ltd.	$ 1,780,527	$ 2,872,437	$ 8,307,275

Note 1: (1) The investee companies was invested through a company founded in the third territory, of which Amtran Electronic(Suzhou) Co., Ltd. and Suzhou Raken Technology Ltd. were invested by Abound Profits Limited and Amtran Electronic (Suzhou) Co., Ltd., respectively.

(2) Through investing in an existing company in the third area, which then invested in the investee in Mainland China.

(3) Others (directly invested in the company in Mainland China)

Note 2: The recognition in relation to Amtran Electronic (Suzhou) Co., Ltd. and Suzhou Raken Technology Ltd. was based on the Taiwanese parent company's financial statements which were audited by independent auditors. Note 3: USD ： NTD=1:32.79

Table 10,Page 1

AMTRAN TECHNOLOGY CO., LTD. CASH AND CASH EQUIVALENTS DECEMBER 31, 2024

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

Statement 1

Statement 1
Item Description Cash on hand Checking accounts Demand deposits - NTD deposits - Foreign currency deposits - JPY deposits JPY 28,766 thousand, exchange rate 0.21 - USD deposits USD 35,637 thousand, exchange rate 32.79 - EUR deposits EUR 1 thousand, exchange rate 34.14 - HKD deposits HKD 51 thousand, exchange rate 4.222 - RMB deposits RMB 0.18 thousand, exchange rate 4.478 Time deposit - NTD deposits	Amount
	549 $ 30 1,453,247 6,038 1,168,533 31 217 1 163,950 2,792,596 $

Statement 1, Page 1

AMTRAN TECHNOLOGY CO., LTD. CURRENT FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS FOR THE YEAR ENDED DECEMBER 31, 2024

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

Statement 2

Statement 2
Name of Financial Instrument Financial assets held for trading: Domestic and foreign listed stocks - CTBC Financial Holding Co., Ltd. Preferred Shares Fubon Financial Holding Co., Ltd. Preferred Shares Cathay Financial Holding Co., Ltd. Preferred Stock Foxtron Vehicle Technologies Co., Ltd. E INK HOLDINGS INC. CAPITAL TIP CUSTOMIZED TAIWAN SELECT HIGH DIVIDEND EXCHANGE TRADED FUND Realfiction Holding AB ProShares Short Dow30 (DOG) Telefonaktiebolaget LM Ericsson B ADR (ERIC) Applied Optoelectronics Inc (AAOI) Adobe Inc (ADBE)	Shares Face Description (in thousands) Value 1,098 - $ 392 - 270 - 1,200 - 30 - 500 - 1,863 - 2 - 8 - 12 - 1 -	Total Amount - $ - - - - - - - - - -	Interest Rate - - - - - - - - - - -	Cost 70,503 $ 25,634 17,332 61,440 9,057 11,975 53,204 3,530 1,508 14,996 16,213 285,392		Amount of Change in the Fair Value Unit Price Total Attributable to Change (in dollar) Amount in the Credit Risk Fair Value 62.50 $ 68,625 $ Not applicable 63.20 24,774 Not applicable 61.00 16,470 Not applicable 41.15 49,380 Not applicable 273.00 8,190 Not applicable 23.38 11,690 Not applicable 32.83 61,153 Not applicable 870.25 1,923 Not applicable 264.29 2,114 Not applicable 1,208.64 14,504 Not applicable 14,581.06 13,123 Not applicable 271,946
						Unit Price (in dollar) 62.50 $ 63.20 61.00 41.15 273.00 23.38 32.83 870.25 264.29 1,208.64 14,581.06

Statement 2, Page 1

AMTRAN TECHNOLOGY CO., LTD. CURRENT FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS (Cont.) FOR THE YEAR ENDED DECEMBER 31, 2024

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

Statement 2

Statement 2
Name of Financial Instrument Domestic and foreign unlisted stocks - Ordinary shares of Neweb Technologies Co., Ltd. Jason's Entertainment Co., Ltd. V5 Technologies Co., Ltd. I-Serve Holdings Limited Sustainable Development Co., Ltd. OWLINK TECHNOLOGY, INC FUGOO CORP. Ordinary shares of Yu-Chi Venture Capital Investment Corporation 17LIFE INC. Fuyo Venture Capital Limited RFIC TECHNOLOGY CORPORATION Domestic bonds - Cathay Life Insurance Company, Ltd. B99602 P08 Foreign Venture Fund - CHERUBIC VENTURES FUND II L.P CHERUBIC VENTURES FUND IV, L.P	Shares Face Description (in thousands) Value 716 - $ 610 - 7,399 - 1,000 - 566 - Not applicable - 200 - 281 - 750 - Not applicable - 1,000 - 200 - 2,000 - 1,000 -	Total Amount - $ - - - - - - - - - - - - -	Interest Rate - - - - - - - - - - - - - -	Cost 29,767 $ 29,339 72,088 46,914 38,316 67,531 63,960 2,475 30,000 12,115 10,000 402,505 20,000 $ 60,035 30,107 90,142		Amount of Change in the Fair Value Unit Price Total Attributable to Change (in dollar) Amount in the Credit Risk Fair Value 20.62 14,768 $ Not applicable 15.45 9,423 Not applicable 10.00 73,989 Not applicable - - Not applicable 10.00 5,658 Not applicable - 110,765 Not applicable - - Not applicable 17.15 4,244 Not applicable - - Not applicable - 12,115 Not applicable 2.91 2,911 Not applicable 233,873 - 20,000 $ Not applicable - 137,915 Not applicable - 32,416 Not applicable 170,331
						Unit Price (in dollar) 20.62 15.45 10.00 - 10.00 - - 17.15 - - 2.91 - - -

Statement 2, Page 2

AMTRAN TECHNOLOGY CO., LTD. CURRENT FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS (Cont.) FOR THE YEAR ENDED DECEMBER 31, 2024

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

Statement 2

Statement 2
Name of Financial Instrument Foreign stock linked fund - Yuanta Daily Taiwan 50 Bear -1X ETF Worst of KI RCN UBSL 10.82% Worst of KI RCN UBSL 15.69% Worst of KI RCN UBSL 15.56% KI RCN UBSL Forward exchange and foreign exchange swap	Shares Face Description (in thousands) Value - - - - - - - - - - Not applicable -	Total Amount - - - - - -	Interest Rate - - - - - -	Cost 990 $ 15,980 16,090 31,970 31,970 97,000 - 895,039 $		Amount of Change in the Fair Value Unit Price Total Attributable to Change (in dollar) Amount in the Credit Risk Fair Value - 556 $ - 16,733 Not applicable - 16,646 Not applicable - 33,239 Not applicable - 32,734 Not applicable 99,908 - 304,945 1,101,003 $
						Unit Price (in dollar) - - - - - -

Statement 2, Page 3

AMTRAN TECHNOLOGY CO., LTD. STATEMENT OF ACCOUNTS RECEIVABLE (INCLUDING RELATED PARTIES) DECEMBER 31, 2024

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

Statement 3

Statement 3
Client Name	Description Amount 1,459,118 $ 662,988 332,535 264,185 249,396 202,290 196,038 334,576 3,701,126 8,979) ( 3,692,147 $	Note
Customer L Customer N Customer M Customer S Customer B Customer G Customer A Others Less: Allowance for bad debts		None of the balances of each remaining client is greater than 5% of this account balance

Statement 3, Page 1

AMTRAN TECHNOLOGY CO., LTD. STATEMENT OF INVENTORIES DECEMBER 31, 2024

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

Statement 4

Amount

Raw materials Semi-finished goods Finished goods Less: Allowance for valuation loss on inventories Item	Cost		Net Realisable Value 339 $ Stated at net realisable value - " 124,707 " 125,046 $ Note
	463 $ 25 121,437 121,925 3,186) ( 118,739 $

Statement 4, Page 1

AMTRAN TECHNOLOGY CO., LTD.

STATEMENT OF CHANGES IN INVESTMENTS ACCOUNTED FOR USING THE EQUITY METHOD FOR THE YEAR ENDED DECEMBER 31, 2024

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

Statement 5

Statement 5
Name of investee	BeginningBalance		Addition		Investment Income (Loss) Cumulative translation adjustment Amount Amount 83,207) ($ 65,511 $ 47,654 - 1,378) ( 7,157 17,215 - 16,002 30,035 11,857) ( 2,097 7,942 5,389 396,351 46,977	Decrease			EndingBalance
	Shares (in thousands)	Amount	Shares (in thousands)	Amount (Note 1)		Shares (in thousands)	Amount(Note 2)	Shares (in thousands)	Percentage of Ownership	Amount
ABOUND PROFITS LIMITED REI MAU ENTERPRISE CO., LTD. ASEV DISPLAY LABS RICK TECHNOLOGY INC. AMTRAN LOGISTICS, INC. AMTRAN VIDEO CORPORATION SPYGLASS TESLA, LLC. AMTRAN VIETNAM TECHNOLOGY LIMITED	24,800 29,998 2,000 16,400 1,000 1,000 1,750 Note 3	1,773,069 $ 307,828 106,092 224,991 438,434 34,676 86,421 2,514,974	- - - - - - - -	- $ - - - - - - -		- - - - - - - -	- $ - - - - - 13,713) ( -	24,800 29,998 2,000 16,400 1,000 1,000 1,750 Note 3	100% 100% 100% 82% 100% 100% 43.75% 100%	1,755,373 $ 355,482 111,871 242,206 484,471 24,916 86,039 2,958,302

Statement 5, Page 1

AMTRAN TECHNOLOGY CO., LTD.

STATEMENT OF CHANGES IN INVESTMENTS ACCOUNTED FOR USING THE EQUITY METHOD (Cont.) FOR THE YEAR ENDED DECEMBER 31, 2024

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

Statement 5

Statement 5
Name of investee	BeginningBalance			Addition			Investment Income (Loss)		Cumulative translation adjustment	Decrease			EndingBalance
	Shares (in thousands)		Amount	Shares (in thousands)		Amount (Note 1)	Amount		Amount	Shares (in thousands)	Amount(Note 2)	Shares (in thousands)	Percentage of Ownership		Amount
Suzhou Raken Technology Ltd. AMTRAN VIETNAM TRADING COMPANY LIMITED HUA JUNG COMPONENTS CO., LTD. HEROIC FAITH MEDICAL SCIENCE CO., LTD. (None 4) BMA VENTURE CAPITAL INVESTMENT CORPORATION	Note 3 Note 3 54,576 3,333 6,479		1,093,535 $ 33,059 438,880 13,122 52,172 7,117,253 $	- - - - -		- $ - 32,175 - - 32,175 $	34,789) ($ 4,050 21,888 - 8,591) ( 371,280 $		38,318 $ 609 5,129 - - 201,222 $	- - - - 583) (	17,239) ($ - 19,938) ( 6,919) ( 5,830) ( 63,639) ($	Note 3 Note 3 54,576 3,333 5,896	37.95% 100% 31.60% 18.73% 24.14%		1,079,825 $ 37,718 478,134 6,203 37,751 7,658,291 $

Note 1: Addition amount includes additional investment amount and unrealized gains on financial instruments.

Note 2: Decrease amount includes the recognition of impairment losses, capital reduction, and liquidation receivables. Note 3: Investment amount.

Note 4: The Company held 3,333 thousand preference shares of HEROIC FAITH MEDICAL SCIENCE CO., LTD.

Statement 5, Page 2

AMTRAN TECHNOLOGY CO., LTD. STATEMENT OF OPERATING REVENUE FOR THE YEAR ENDED DECEMBER 31, 2024

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

Statement 6

Statement 6
Item Volume (In Thousands) Sales revenue Computer peripheral products 29,197 thousand sets Digital television 1,552 thousand sets Monitors 1,552 thousand sets Stereo system 107 thousand sets Others 2,030 thousand sets Less: Sales returns Sales discounts and allowances Net sales revenue Other operating revenue		Amount	Note
	3,579,970 $ 7,281,969 5,917,433 1,535,655 1,195,918 19,510,945 747) ( 91,103) ( 91,850) ( 19,419,095 266,700 19,685,795 $

Statement 6, Page 1

AMTRAN TECHNOLOGY CO., LTD. STATEMENT OF OPERATING COSTS FOR THE YEAR ENDED DECEMBER 31, 2024

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

Statement 7

Statement 7
Beginning raw materials and supplies Add: Raw materials and supplies purchased for the year Less: Raw materials sold Raw materials transferred to operating expenses Others Ending raw materials Raw materials used Beginning semi-finished goods Add: Semi-finished goods purchased Less: Semi-finished goods sold Semi-finished goods transferred to operating expenses Others Ending semi-finished goods Cost of finished goods Beginning finished goods Add: Finished goods purchased Finished goods transferred to operating expenses Others Ending finished goods Cost of goods manufactured and sold Raw materials and semi-finished goods sold Purchase discount Cost of goods sold Other operating costs	Amount
	20,390 $ 863,355 875,690) ( 5,677) ( 1,915) ( 463) ( - 1,977 200,370 186,522) ( 14,365) ( 1,435) ( 25) ( - 128,729 17,396,067 27,150) ( 838) ( 121,437) ( 17,375,371 1,062,212 247,547) ( 18,190,036 188,381 18,378,417 $

Note: Transfers to operating expenses mainly refer to maintenance and repair parts for the Company’s own use and for customer service.

Statement 7, Page 1

AMTRAN TECHNOLOGY CO., LTD. STATEMENT OF SELLING EXPENSES FOR THE YEAR ENDED DECEMBER 31, 2024

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

Statement 8

Item	Description		Amount	Note
Wages and salaries Commissions expense Environmental expense Freight Travelling expense Other expenses			154,649 $ 33,293 24,509 20,618 18,975 56,746 308,790 $	None of the balances of each remaining item is greater than 5% of this account balance

Statement 8, Page 1

AMTRAN TECHNOLOGY CO., LTD. STATEMENT OF ADMINISTRATIVE EXPENSES FOR THE YEAR ENDED DECEMBER 31, 2024

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

Statement 9

Item Description Amount Note Wages and salaries $ 119,655 Director's remuneration 62,300 Other expenses 106,654 None of the balances of each remaining item is greater than 5% of this account balance. $ 288,609

Statement 9, Page 1

AMTRAN TECHNOLOGY CO., LTD. STATEMENT OF RESEARCH AND DEVELOPMENT EXPENSE FOR THE YEAR ENDED DECEMBER 31, 2024

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

Statement 10

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Item Description Amount Note
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Wages and salaries Travelling expense Other expenses	454,028 $ 51,901 163,267 None of the balances of each remaining item is greater than 5% of this account balance. 669,196 $

Statement 10, Page 1

AMTRAN TECHNOLOGY CO., LTD.

SUMMARY STATEMENT OF CURRENT PERIOD EMPLOYEE BENEFITS, DEPRECIATION, AND AMORTIZATION EXPENSES BY FUNCTION FOR THE YEAR ENDED DECEMBER 31, 2024

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

Statement 11

Statement 11
Employee benefit expense Wages and salaries Labour and health insurance fees Pension costs Directors’ remuneration Other employee benefit expense Depreciation (including investment property) Depreciation on right-of-use assets Amortisation Note:	Year	Classified as OperatingExpenses Total 728,332 $ $ 728,332 46,201 46,201 27,049 27,049 62,300 62,300 27,231 27,231 891,113 $ 891,113 $ 23,051 $ 23,051 $ 15,002 $ 15,002 $ 17,376 $ 17,376 $ ended December31,2024	Year	ended December31,2023
	Classified as Operating Costs - $ - - - - - $ - $ - $ - $	Classified as OperatingExpenses 728,332 $ 46,201 27,049 62,300 27,231 891,113 $ 23,051 $ 15,002 $ 17,376 $	Classified as Operating Costs - $ - - - - - $ - $ - $ - $	Classified as OperatingExpenses 498,759 $ 41,635 24,145 44,960 18,617 628,116 $ 23,101 $ 12,468 $ 17,923 $	Total
					$ 498,759 41,635 24,145 44,960 18,617
					628,116 $
					23,101 $
					12,468 $
					17,923 $

1. As at December 31, 2024 and 2023, the Company had 483 and 437 employees, respectively, both including 8 non-employee directors.

2. A company whose stock is listed for trading on the stock exchange or over-the-counter securities exchange shall additionally disclose the following information:

(1) Average employee benefit expense in current year was $1,744 (in dollars). Average employee benefit expense in previous year was $1,359 (in dollars).

• (2) Average employees salaries in current year was $1,533 (in dollars). Average employees salaries in previous year was $1,163 (in dollars). (3) Adjustment of average employees salaries was 32%.

• (4) The Company’s remuneration policy for directors and managers is determined and regularly reviewed by the remuneration committee. Performance appraisal and salary structure of directors and managers take the Company’s operating strategy and overall operating performance into account. A reasonable remuneration is granted considering the general pay levels of the industry, contribution and achievement to their position and a proposal is submitted by the remuneration committee then implemented after being approved by the Board of Directors.

The Company’s remuneration policy for employees stipulates a pay standard by referring to the general pay levels of the industry and overall economy. Bonus is evaluated based on the Company’s overall operating performance, personal performance and contribution.

Statement 11, Page 1