Aurora - Annual Report 2024 | FinancialReports.eu

==> picture [86 x 62] intentionally omitted <==

Stock Code: 2373

Aurora Corporation

2025 General Shareholders' Meeting Meeting Handbook

(Translation)

Time: June 19, 2025 (Thu) 9:00 a.m.

Venue: 3F., No. 2, Sec. 5, Xinyi Rd., Xinyi Dist., Taipei City

(Physical shareholders’meeting)

(Multi-functional Conference Room, Aurora Plaza)

	Table of Contents	Table of Contents
One.	Meeting Procedure .....................................................................................................1
Two.	Meeting Agenda
	I.	Announcements
		(I) 2024 Business Report ............................................................................. 2
		(II) Audit Committee Review Report on Aurora's 2024
		Financial Statements ............................................................................... 5
		(III) Distribution of Employees' Compensation of 2024 ................................ 6
		(IV) The company's 2024 report on the distribution of earnings and cash
		dividends ............................................................................................... 7
	II.	Proposed Resolutions
		(I) Proposal for the Ratification of the 2024 Business Report and Financial
		Statements ............................................................................................... 8
		(II) Proposal for the Ratification of the 2024 Profit Distribution Plan ....... 29
		(III) Amendment to the Company’s Articles of Incorporation, submitted for
		review .................................................................................................... 31
	III.	Election Matters
		Re-election of the Company’s directors ......................................................... 33
	IV.	Other Proposals
		Proposal for approval of the competition behavior of the directors. .............. 35
	V.	Extempore Motions. ....................................................................................... 36
	VI.	Adjournment
Three.	Appendix
	I.	Articles of Incorporation ................................................................................ 37
	II.	Rules of Procedure for Shareholders' Meetings ............................................. 47
	III.	Aurora Corporation Director Election Regulations ........................................ 63
	IV.	Current Shareholding of Directors ................................................................. 67

Aurora Corporation

Procedure for the 2025 General Shareholders' Meeting

I. Reporting the Number of Shares Represented at the Meeting
II. Meeting Called to Order
III. Chairman's Remarks
IV. Announcements
V. Proposed Resolutions
VI. Election Matters
VII. Other Proposals
VIII. Extempore Motions
IX. Adjournment

【Announcements】

I. 2024 Business Report

Aurora Corporation

2024 Business Report

Looking back at 2024, the global economy was affected by geopolitical issues such as the Russo-Ukrainian War, the Israel–Palestine conflict, political instability in Europe, the USA, and Japan, as well as the impact of high inflation and rising prices. The economic recovery remained slow. In addition, although Taiwan’s economy recovered slowly, Mainland China faced unfavorable economic factors such as difficulties in the real estate market and sluggish domestic demand and investment, which caused its economy to continue to decline. These impacted the Company’s business and the overall operating performance in Mainland China. Nevertheless, the Company grasped the business opportunities in the digital and sustainable transformation, strengthened the operations, improved the processes, reduced the costs, and mitigated the impact of external factors. The 2024 business results and the 2025 business plan overview are as follows:

I. 2024 business results

(I) Actual operating results

The consolidated operating revenue in 2024 was NTD 11,292,746 thousand, the net profit after tax attributable to the parent company was NTD 958,645 thousand, and the post-tax earnings per share was NTD 4.26. The comparison of income between the most recent two years is as follows:

Unit: NTD 1,000

Item/year	Item/year	2024	2023	Increase (decrease)	Growth rate
Operating revenue	Consolidated	11,292,746	11,533,332	(240,586)	-2%
	Individual	3,315,513	3,268,184	47,329	1%
Post-tax net income (attributed to theparent company)		958,645	1,091,507	(132,862)	-12%
Post-tax earnings per share (NTD)		4.26	4.86	(0.6)	-12%

In terms of consolidated financial structure, both current ratio of 193% and the debt (to asset) ratio of 51% are sound.

(II) Review of business performance

The Company’s main business performance in 2024 includes the following:
⚫ The overall profit of the business in Taiwan remained steady and growing.
⚫ The ESG Report was prepared and implemented to strengthen the ESG sustainability.
⚫ The OA business in Mainland China officially launched the self-owned brand “Aurora Secured Printing” to solve the problem of office document printing. This includes printing and document management solutions, creates competitive differentiation with the strategy of “Soft with Hard” to help customers improve their office efficiency, enhance their stickiness and create long-term stable revenue.
⚫ The direct sales performance of the Aurora Furniture in Mainland China was stabilized basically with an expanding and growing distribution performance. Aurora Furniture will continue to develop new products and accumulate effective patents, and pass the reevaluation under the Chinese High-tech Enterprise Certification, Shanghai Technology Enterprise Center, and Shanghai Design Innovation Center.

II. 2025 business plan overview and future development strategy

(I) Estimation of the impact of external competition and overall economic environment and countermeasures
According to the Directorate General of Budget, Accounting and Statistics and
other major institutions, the overall domestic economy is expected to grow steadily in 2025. However, global and domestic economic growth will be challenging due to negative factors such as the intensification of protectionism and trade barriers, ongoing geopolitical conflicts, and uncertainties regarding economic and trade policies in Europe and the USA. It is expected that the economic expansion will be fraught with uncertainties.

Despite the uncertainties in the economy, the Company will continue to streamline the organization and optimize business operations to reduce costs and increase efficiency in coping with external challenges. In recent years, the demand for digital transformation and low-carbon ESG transformation across various industries continues to grow. We will continue to focus on the market of our core business, incorporate ESG sustainability into the management process and business model, improve service capabilities, strengthen the application of digital technologies such as big data, AI, and IoT, assist customers with digital transformation, build an environmentally friendly, healthy, intelligent, and highly efficient office environment, and continue to enhance our overall competitiveness.

(II) Main business development strategy

OA business: The Company is committed to becoming a leader in the “Office for the Future” and providing customers with intelligent, highly efficient, energysaving, carbon-reducing, environmentally friendly and sustainable office

environment to create value for customers.

(1) Focus on the core business and provide customized office solutions to build a highly efficient office space.
(2) Use IoT and cloud platforms and intelligent customer service centers to create innovative service capabilities.
(3) Create differentiated marketing to satisfy the needs of customers with the “Soft with Hard” and “Qualitative Changes with Quantitative Increase” strategies.
(4) Assist customers in establishing a sustainable platform for energy conservation and carbon reduction through the ESG service model, ESG Green Report solution, and ESG Dashboard.
Furniture business: The Company is committed to creating a healthy, dynamic and sustainable way of office life for customers, and is dedicated to becoming a leading brand that is trustworthy in furniture and space planning.
(1) Cover three major fields of office, education, and healthcare, integrate marketing, services, R&D, production, logistics, and supply chains to maximize the benefits of resources, implement ESG, and create a green ecological chain for the industry.
(2) Solidify the foundation for further development, stabilize the growth of the Multilevel marketing, expand the distribution market, strengthen the cooperation with designers, and diversify inbound marketing tools to increase the output value.
(3) Strengthen R&D and design capabilities, optimize process quality, and provide innovative logistics, and improve the overall enterprise service capabilities.

III. Conclusion

Despite the difficulties in the overall market environment in 2024, with the support of the shareholders and the endeavors of the employees, we will minimize the impact on profitability and establish a solid foundation for transformation and development in the future. Looking ahead to 2025, the Company will adhere to the corporate philosophy of “customer satisfaction, associate contentment, giving back to society, and pursuing sustainable business” to build a new ESG business model through innovative and practical actions, create differentiation, bring higher value to shareholders, customers, employees, and society, fulfill corporate social responsibility, exert a positive influence, and strive to achieve the ESG objectives.

Chairperson: Hui-Hua Yuan Manager: Yan-Lin You Accounting Manager: Ya-Ling Lin

`【` Announcements `】`

II. Audit Committee Review Report on Aurora's 2024 Financial Statements

Audit Committee's Review Report

The Audit Committee hereby approves Aurora's 2024 Business Report, financial statements and proposal for earnings distribution which are made by the Board of Directors, and the financial statements have been audited by Deloitte & Touche Taiwan, by whom an audit report has been issued accordingly.

The said business report, financial statements, and the proposal for earnings distribution have been audited by the Audit Committee and determined to be in compliance with the Company Act and other relevant laws and regulations. The Audit Committee's Report is hereby prepared in accordance with Article 219 of the Company Act.

Hereby presented for review

To:

2025 General Shareholders' Meeting of Aurora Corporation

Convener of the Audit Committee

Kuo-Jung Liao

March 14, 2025

`【` Announcements `】`

III. Distribution of Employees' Compensation of 2024

Explanatory Notes:

The amount of employees' compensation of Aurora for 2024 is NT$11,115,000, and is proposed to be distributed in the form of cash, which matches the estimated amount of recognized expenses for the year.

`【` Announcements `】`

IV. The company's 2024 report on the distribution of earnings and cash dividends

Explanatory Notes:

(I) The board of directors is empowered to decide to pay all or a portion of dividends and bonuses in cash in accordance with Article 29 of the company's articles of incorporation.
(II) The company has distributed shareholder dividends totaling NT$873,949,317 from distributable earnings in 2024 (including undistributed surplus from the previous year), or NT$3.7 per share. The chairman has been authorized to set the dividend record date.
(III) According to the distribution ratio, the current cash dividends shall be calculated up to the dollar and rounded down below the dollar. The total distribution amount less than NT$1 shall be included in other income for the company.

`【` Proposed Resolutions `】`

[Proposal 1]

Proposal: Proposal for the Ratification of the 2024 Business Report and Financial Statements.

[Proposed by the board of directors]

Explanatory Notes:

(I) Aurora's 2024 Business Report and financial statements have been audited and certified by independent Certified Public Accountants Hai-Yueh Huang and Rui-Chuan Chi of Deloitte & Touche Taiwan, and have been submitted to the Audit Committee for review. The review is now completed, and an Audit Committee's Review Report is issued.
(II) The Business Report and all financial statements are provided in the following pages for ratification.
Business Report
- 【 Please refer to page 2-4 】
Parent Company Only Balance Sheet
- 【 Please refer to page 13 】
Parent Company Only Statement of Comprehensive Income
- 【 Please refer to page 14-15 】
Parent Company Only Statement of Changes in Equity
- 【 Please refer to page 16 】
Parent Company Only Statement of Cash Flows
- 【 Please refer to page 17-18 】
Consolidated Balance Sheet
- 【 Please refer to page 22 】
Consolidated Statement of Comprehensive Income
- 【 Please refer to page 23-25 】

Consolidated Statement of Changes in Equity
【 Please refer to page 26 】
Consolidated Statement of Cash Flows
【 Please refer to page 27-28 】

Attachment:

Audit Committee's Review Report
【 Please refer to page 5 】
Independent Auditors' Report - Parent Company Only
【 Please refer to page 10-12 】
Independent Auditors' Report – Consolidated
【 Please refer to page 19-21 】

Resolution:

Independent Auditors' Report

To Aurora Corporation:

Opinions

Aurora Corporation's Parent Company Only Balance Sheets as of December 31, 2024 and 2023, in addition to the Parent Company Only Statements of Comprehensive Income, Parent Company Only Statements of Changes in Equity, Parent Company Only Statements of Cash Flows, and Notes to the Parent Company Only Financial Statements (including a summary of significant accounting policies) from January 1 to December 31, 2024 and 2023, have been audited by the CPAs.

In our opinion, the Parent Company Only Financial Statements mentioned above have been prepared in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers in all material aspects, and are considered to have fairly expressed the parent company only financial conditions of Aurora Corporation as of December 31, 2024 and 2023, as well as the parent company only financial performance and parent company only cash flows from January 1 to December 31, 2024 and 2023.

Basis for Opinions

We conducted our audit in accordance with the Regulations Governing Auditing and Attestation of Financial statements by Certified Public Accountants and auditing standards. 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 Aurora Corporation in accordance with the Norm of Professional Ethics for Certified Public Accountant of the Republic of China ("The Norm"), and we have fulfilled our other ethical responsibilities in accordance with the Norm. 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 Parent Company Only Financial Statements of Aurora Corporation for the year ended December 31, 2024. 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, and we do not provide a separate opinion on these matters.

Key audit matters for the Parent Company Only Financial Statements of Aurora Corporation for the year ended December 31, 2024 are stated as follows:

Sales revenue and sales revenue of key subsidiaries accounted for using the equity method.

The main businesses of Aurora Corporation and its key subsidiaries accounted for using the equity method include the trade and lease of Multi-Functional Photocopiers (MFPs) and sales of system furniture. Printers and revenue from sales of system furniture in Taiwan, in particular, are material in nature for the overall financial statements. The main risk lies in whether revenue actually occurs. Accordingly, we identify the risk of revenue recognition arising from fraud as a key audit matter in accordance with the Statements on Auditing Standards in relation to significant risk.

For the accounting policies related to revenue recognition, please refer to Note IV (XIV).

We understood and tested the effectiveness of the design and implementation of internal controls in the recognition of sales revenue. We have also selected appropriate samples from the sales details, reviewed the original contracts, documents and customs declaration forms from external forwarders or signed by customers to check whether the recipients are the trading parties, and reviewed whether there is a significant amount of return and allowance subsequent to the balance sheet date to confirm whether there is any material misstatement of sales revenue.

Responsibilities of Management and Those Charged with Governance for the Parent Company Only Financial Statements

To ensure that the Parent Company Only Financial Statements do not contain material misstatements caused by fraud or errors, the management is responsible for preparing prudent Parent Company Only Financial Statements in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and for preparing and maintaining necessary internal control procedures pertaining to the Parent Company Only Financial Statements.

In preparing the Parent Company Only Financial Statements, the management is responsible for assessing Aurora Corporation's ability to continue as a going concern, disclosing, as applicable, matters related to the going concern and using the going concern basis of accounting unless the management either intends to liquidate Aurora Corporation or to cease operations, or has no realistic alternative but to do so.

Those charged with governance (including the Audit Committee) are responsible for overseeing Aurora Corporation's financial reporting process.

Auditors' Responsibilities for the Audit of the Parent Company Only Financial Statements

Our objectives are to obtain reasonable assurance about whether the Parent Company Only Financial Statements as a whole are free from material misstatements, 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 auditing standards generally accepted in 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 financial statements.

As part of an audit in accordance with the accounting principles in the Republic of China, we exercise professional judgment and professional skepticism. We also perform the following tasks:

Identify and evaluate the risk of material misstatements due to fraud or error in the Parent Company Only Financial Statements; design and carry out appropriate countermeasures for the evaluated risk; and obtain sufficient and appropriate evidence as the basis for our audit 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.
Obtain an understanding of internal controls 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 internal controls of Aurora Corporation.
Assess the appropriateness of the accounting policies adopted by the management, as well as the reasonableness of their accounting estimates and relevant disclosures.

Conclude on the appropriateness of the 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 Aurora Corporation's ability to operate 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 Aurora Corporation to cease to continue as a going concern.
Evaluate the overall expression, structure and contents of the Parent Company Only Financial Statements (including relevant Notes), and whether the Parent Company Only Financial Statements fairly present relevant transactions and items.
Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within Aurora Corporation to express an opinion on the Parent Company Only Financial Statements. We are responsible for the direction, supervision, and performance of the audit and for expressing an opinion on the Parent Company Only Financial Statements of Aurora Corporation.

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 the key audit matters of Aurora Corporation's Parent Company Only Financial Statements for the year ended December 31, 2024. We describe these 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.

Deloitte & Touche Hai-Yueh Huang, CPA, Rui-Chuan Chi, CPA

Securities and Futures Commission Approval No. Tai-Cai-Zheng-6 No. 00920131587

Financial Supervisory Commission Approval No. Jin-Guan-Zheng-Shen No. 1060023872

March 14, 2025

Aurora Corporation Parent Company Only Balance Sheets December 31, 2024 and 2023 (In Thousands of New Taiwan Dollars)

Code 1100 1150 1170 1180 1200 130X 1479 11XX 1550 1600 1755 1760 1805 1821 1840 1920 15XX 1XXX Code 2100 2110 2130 2170 2200 2230 2280 2300 21XX 2540 2570 2580 2640 2645 25XX 2XXX 3110 3200 3310 3320 3350 3300 3400 3500 3XXX	Assets Current Assets Cash (Note VI) Notes receivable (Notes IV ,VII and XX) Accounts receivable (Notes IV ,VII and XX) Accounts receivable - related parties (Notes IV, VII,XX and XXVII) Other receivables (Notes XL and XXVII) Inventories (Notes IV and VIII) Other current assets (Note XIV) Total current assets Non-current assets Investments accounted for using the equity method (Notes IV and IX) Property, plant, and equipment (Notes IV, X, XXVII, and XXVIII) Right-of-use assets (Notes IV, XI, and XXVII) Investment properties (Notes IV, XII, and XXVIII) Goodwill (Notes IV and XIII) Other intangible assets (Notes IV, XIII and XXVII) Deferred tax assets (Notes IV and XXII) Refundable deposits (Note XXVII) Total non-current assets Total assets LiabilitiesandEquity Current Liabilities Short-term loans (Note XV) Short-term notes and bills payable (Note XV) Contract liabilities - current (Notes IV and XX) Accounts payable (Notes XVI and XXVII) Other payables (Notes XVII and XXVII) Current tax liabilities (Notes IV and XXII) Lease liabilities - current (Notes IV, XI and XXVII) Other current liabilities (Note XVII) Total current liabilities Non-current liabilities Long-term loans (Note XV) Deferred income tax liabilities (Notes IV and XXII) Lease liabilities - non-current (Notes IV, XI and XXVII) Net defined benefit liabilities - non-current (Notes IV and XVIII) Guarantee deposits received (Note XXVII) Total non-current liabilities Total liabilities Equity (Note XIX) Capital Stock Capital stock - common shares Capital surplus Retained earnings Legal reserve Special reserve Unappropriated earnings Total retained earnings Other equity Treasury shares Total equity Total liabilities and equity		December31,2024 Amount % $ 263,315 2 40,862 - 110,864 1 57,226 1 29,401 - 609,402 5 177,536 1 1,288,606 10 10,319,366 80 817,066 6 209,127 2 69,596 1 38,147 - 5,138 - 58,658 1 49,445 - 11,566,543 90 $ 12,855,149 100 $ 1,358,142 11 299,880 2 229,684 2 402,338 3 251,844 2 50,397 - 77,264 1 61,207 - 2,730,756 21 1,950,000 15 193,776 2 135,815 1 311,347 2 1,373 - 2,592,311 20 5,323,067 41 2,362,025 18 1,921,694 15 2,257,600 18 852,220 7 1,080,349 8 4,190,169 33 149,980) ( 1) 791,826) ( 6) 7,532,082 59 $ 12,855,149 100	December31,2024 Amount % $ 263,315 2 40,862 - 110,864 1 57,226 1 29,401 - 609,402 5 177,536 1 1,288,606 10 10,319,366 80 817,066 6 209,127 2 69,596 1 38,147 - 5,138 - 58,658 1 49,445 - 11,566,543 90 $ 12,855,149 100 $ 1,358,142 11 299,880 2 229,684 2 402,338 3 251,844 2 50,397 - 77,264 1 61,207 - 2,730,756 21 1,950,000 15 193,776 2 135,815 1 311,347 2 1,373 - 2,592,311 20 5,323,067 41 2,362,025 18 1,921,694 15 2,257,600 18 852,220 7 1,080,349 8 4,190,169 33 149,980) ( 1) 791,826) ( 6) 7,532,082 59 $ 12,855,149 100		December31,2023	December31,2023	December31,2023
			Amount $ 263,315 40,862 110,864 57,226 29,401 609,402 177,536 1,288,606 10,319,366 817,066 209,127 69,596 38,147 5,138 58,658 49,445 11,566,543 $ 12,855,149 $ 1,358,142 299,880 229,684 402,338 251,844 50,397 77,264 61,207 2,730,756 1,950,000 193,776 135,815 311,347 1,373 2,592,311 5,323,067 2,362,025 1,921,694 2,257,600 852,220 1,080,349 4,190,169 149,980) 791,826) 7,532,082 $ 12,855,149			Amount $ 179,361 58,815 135,369 60,938 19,779 436,169 133,279 1,023,710 10,555,804 826,828 246,076 70,070 38,147 8,138 67,302 55,805 11,868,170 $ 12,891,880 $ 1,700,620 - 100,227 403,500 238,584 62,707 77,203 36,670 2,619,511 2,090,000 267,137 171,284 357,549 1,052 2,887,022 5,506,533 2,362,025 1,875,002 2,148,615 852,220 1,176,930 4,177,765 237,619) 791,826) 7,385,347 $ 12,891,880		%
		( (		( (	( (		( (	1 1 1 1 - 3 1 8 82 6 2 1 - - 1 - 92 100 13 - 1 3 2 - 1 - 20 16 2 2 3 - 23 43 18 15 17 6 9 32 2) 6) 57 100

The accompanying notes are an integral part of the Parent Company Only Financial Statements.

General Manager: Yan-Lin You

Principal Accounting Officer: Ya-Ling Lin

Chairman: Hui-Hua Yuan

Aurora Corporation

Parent Company Only Statements of Comprehensive Income For the Years Ended December 31, 2024 and 2023

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

Code Operating revenue (Notes IV, XX, and XXVII) 4110 Sales revenue 4170 Sales returns 4190 Sales discounts and allowances 4000 Total operating revenue 5000 Operating costs (Notes VIII, XXI, and XXVII) 5900 Gross profit 5910 Unrealized gains from sales of associates 5920 Realized gains from sales of associates 5950 Realized gross profit Operating expenses (Notes XXI and XXVII) 6100 Selling and marketing expenses 6200 General and administrative expenses 6450 Expected credit impairment reverse benefit(Notes IV and VII) 6000 Total operating expenses 6900 Net operating income Non-operating income and expenses (Notes IV, IX, XXI, and XXVII) 7100 Interest income 7190 Other income 7020 Other gains and losses 7050 Finance costs 7070 Share of profit or loss of subsidiaries and associates accounted for using the equity method 7000 Total non-operating income and expenses		2024
		Amount $ 3,331,003 10,895 ) 4,595) 3,315,513 1,707,781 1,607,732 62,559 ) 60,878 1,606,051 659,626 450,063 696) 1,108,993 497,058 1,091 91,507 1,362 ) 64,192 ) 575,884 602,928
	( ( ( ( ( (

(Continued on the next page)

(Continued from the previous page)

Code 7900 Net income before tax 7950 Tax expenses (Notes IV and XXII) 8200 Net income Other comprehensive income (Notes IV, IX, and XIX) 8310 Components that will not be reclassified to profit or loss 8311 Gains (losses) on re- measurements of defined benefit plans (Note XVIII) 8330 Share of other comprehensive income of subsidiaries and associates accounted for using the equity method 8349 Income tax related to components that will not be reclassified to profit or loss (Note XXII) 8360 Components that may be reclassified to profit or loss 8361 Exchange differences on translation of financial statements of foreign operations 8370 Share of other comprehensive income of subsidiaries and associates accounted for using the equity method 8300 Other comprehensive income, net 8500 Total comprehensive income Earnings per share (Note XXIII) 9710 Basic 9810 Diluted		2024		％ 33 4) 29 1 - - 1 7 5) 2 3 32		2023
		Amount 1,099,986 141,341) 958,645 20,005 6,183 4,000) 22,188 258,431 170,791) 87,640 109,828 $ 1,068,473 $ 4.26 $ 4.26				Amount 1,249,807 158,300) 1,091,507 214 ) 1,491 ) 43 1,662) 138,861 ) 22,456) 161,317) 162,979) $ 928,528 $ 4.86 $ 4.85		％
	( ( (		( (		( ( ( ( ( ( ( (		38 ( 5) 33 - - - - ( 4 ) ( 1) ( 5) ( 5) 28

The accompanying notes are an integral part of the Parent Company Only Financial Statements. Chairman: Hui-Hua Yuan General Manager: Yan-Lin You Principal Accounting Officer: Ya-Ling Lin

Aurora Corporation

Parent Company Only Statements of Changes in Equity For the Years Ended December 31, 2024 and 2023

(In Thousands of New Taiwan Dollars)

	Retained earnings	Unappropriated earnings $ 1,328,641 ( 131,404 ) ( 1,110,152 ) 1,091,507 ( 1,662) 1,089,845 - 1,176,930 ( 108,985 ) ( 968,430 ) 958,645 22,189 980,834 - $ 1,080,349	Other equity Exchange differences on translation of financial statements of foreign operations Unrealized gains or losses on financial assets at fair value through other comprehensive income ( $ 554,212 ) $ 477,910 - - - - - - ( 142,040) ( 19,277) ( 142,040) ( 19,277) - - ( 696,252 ) 458,633 - - - - - - 282,566 ( 194,927) 282,566 ( 194,927) - - ($ 413,686) $ 263,706	Other equity Exchange differences on translation of financial statements of foreign operations Unrealized gains or losses on financial assets at fair value through other comprehensive income ( $ 554,212 ) $ 477,910 - - - - - - ( 142,040) ( 19,277) ( 142,040) ( 19,277) - - ( 696,252 ) 458,633 - - - - - - 282,566 ( 194,927) 282,566 ( 194,927) - - ($ 413,686) $ 263,706	Treasury shares ( $ 791,826 ) - - - - - - ( 791,826 ) - - - - - - ($ 791,826)		Total Equity
			Exchange differences on translation of financial statements of foreign operations ( $ 554,212 ) - - - ( 142,040) ( 142,040) - ( 696,252 ) - - - 282,566 282,566 - ($ 413,686)
Legal Reserve $ 2,017,211 131,404 - - - - - 2,148,615 108,985 - - - - - $ 2,257,600	Special Reserve $ 852,220 - - - - - - 852,220 - - - - - - $ 852,220
		( ( ( ( (	( ( ( ( (	( ( ( (	( ( (	( ( (	$ 7,513,446 - 1,110,152 ) 1,091,507 162,979) 928,528 53,525 7,385,347 - 968,430 ) 958,645 109,828 1,068,473 46,692 $ 7,532,082

Chairman: Hui-Hua Yuan

The accompanying notes are an integral part of the Parent Company Only Financial Statements. General Manager: Yan-Lin You

Principal Accounting Officer: Ya-Ling Lin

Aurora Corporation

Parent Company Only Statements of Cash Flows For the Years Ended December 31, 2024 and 2023 (In Thousands of New Taiwan Dollars)

Code Cash flows from operating activities A00010 Net income before tax A20010 Profit or Less Items: A20100 Depreciation expenses A20200 Amortization expenses A20300 Expected credit impairment reverse benefit A20900 Finance costs A21200 Interest income A22300 Share of profit or loss of subsidiaries and associates accounted for using the equity method A22500 Loss on disposal of property, plant, and equipment A23900 Unrealized gains from associates A24000 Realized gains from associates A29900 Gains on lease modifications A30000 Changes in operating assets and liabilities A31130 Notes receivable A31150 Accounts receivable A31160 Accounts receivable - related parties A31180 Other receivables A31200 Inventories A31240 Other current assets A32125 Contract liabilities A32150 Accounts payable A32180 Other payables A32230 Other current liabilities A32240 Net defined benefit liabilities A33000 Cash generated from operations A33100 Interest received A33300 Interest paid A33500 Income tax paid AAAA Net cash flows generated from operating activities	2024 $ 1,099,986 259,239 5,594 ( 696 ) 64,192 ( 1,091 ) ( 575,884 ) 862 62,559 ( 60,878 ) ( 42 ) 17,953 25,201 3,712 ( 9,622 ) ( 304,162 ) ( 44,257 ) 129,457 ( 1,162 ) 13,257 24,537 ( 26,197) 682,558 1,091 ( 64,189 ) ( 222,368) 397,092	2023
		$ 1,249,807 253,642 7,155 ( 540 ) 64,744 ( 944 ) ( 764,754 ) 835 63,263 ( 59,120 ) ( 91 ) 4,481 1,353 10,279 3,480 ( 58,562 ) ( 62,423 ) ( 50,572 ) 96,181 11,967 2,332 ( 23,211) 749,302 944 ( 63,422 ) ( 139,660) 547,164

(Continued on the next page)

(Continued from the previous page)

Code B02700 Cash flows from investing activities Acquisition of property, plant, and equipment B02800 Proceeds from disposal of property, plant, and equipment B03700 Decrease (increase) in refundable deposits B04500 Acquisition of intangible assets B07600 Dividends received from subsidiaries and associates BBBB Net cash flows from investing and activities Cash flows from financing activities C00100 Increase in short-term loans C00200 Decrease in short-term borrowings C00500 Increase in short-term notes and bills payable C00600 Decrease in short-term notes and bills payable C01600 Application for long-term loans C01700 Repayment on long-term loans C03100 Increase (decrease) in guarantee deposits received C04500 Cash dividends paid C04020 Repayment of the principal portion of lease liabilities CCCC Net cash flows used in financing activities EEEE Net increase in cash E00100 Cash at beginning of period E00200 Cash at end of period	2024	2023
	( 24,627 ) 1 6,360 ( 2,594 ) 951,156 930,296 - ( 342,478 ) 299,880 - - ( 140,000 ) 321 ( 968,430 ) ( 92,727) ( 1,243,434) 83,954 179,361 $ 263,315	( 13,631 ) 58 ( 1,074 ) ( 4,242 ) 1,052,200 1,033,311 300,620 - - ( 749,701 ) 140,000 - ( 100 ) ( 1,110,152 ) ( 91,971) ( 1,511,304) 69,171 110,190 $ 179,361

The accompanying notes are an integral part of the Parent Company Only Financial Statements.

Chairman: Hui-Hua Yuan General Manager: Yan-Lin You

Principal Accounting Officer: Ya-Ling Lin

Independent Auditors' Report

To Aurora Corporation:

Opinions

Aurora Corporation and its subsidiaries' Consolidated Balance Sheets as of December 31, 2024 and 2023, in addition to the Consolidated Statements of Comprehensive Income, Consolidated Statements of Changes in Equity, Consolidated Statements of Cash Flows, and Notes to the Consolidated Financial Statements (including a summary of significant accounting policies) from January 1 to December 31, 2024 and 2023, have been audited by the CPAs.

In our opinion, the Consolidated Financial Statements mentioned above have been prepared in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers, as well as the International Financial Reporting Standards (IFRSs), International Accounting Standards (IAS), law and regulation reviews and their announcements recognized and announced by the Financial Supervisory Commission in all material aspects, and are considered to have fairly expressed the consolidated financial conditions of Aurora Corporation and its subsidiaries as of December 31, 2024 and 2023, as well as the consolidated financial performance and consolidated cash flows from January 1 to December 31, 2024 and 2023.

Basis for Opinions

We conducted our audit in accordance with the Regulations Governing Auditing and Attestation of Financial statements by Certified Public Accountants and auditing standards. Our responsibilities under those standards are further described in the Auditors' Responsibilities for the Audit of the Consolidated Financial Statements section of our report. We are independent of Aurora Corporation and its subsidiaries in accordance with the Norm of Professional Ethics for Certified Public Accountant of the Republic of China ("The Norm"), and we have fulfilled our other ethical responsibilities in accordance with the Norm. 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 Consolidated Financial Statements of Aurora Corporation and its subsidiaries for the year ended December 31, 2024. These matters were addressed in the context of our audit of the Consolidated Financial Statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.

Key audit matters for the Consolidated Financial Statements of Aurora Corporation and its subsidiaries for the year ended December 31, 2024 are stated as follows:

Sales revenue

The main businesses of Aurora Corporation and its subsidiaries include the trade and lease of MultiFunctional Photocopiers (MFPs) and sales of system furniture. Electronic devices and income from sales of system furniture in Taiwan, in particular, are material in nature for the overall financial statements.

The main risk lies in whether revenue actually occurs. Accordingly, we identify the risk of revenue recognition arising from fraud as a key audit matter in accordance with the Statements on Auditing Standards in relation to significant risk.

For the accounting policies related to revenue recognition, please refer to Note IV (XIV). We understood and tested the effectiveness of the design and implementation of internal controls in the recognition of sales revenue. We have also selected appropriate samples from the sales details, reviewed the original contracts, documents and customs declaration forms from external forwarders or signed by customers to check whether the recipients are the trading parties, and reviewed whether there is a significant amount of return and allowance subsequent to the balance sheet date to confirm whether there is any material misstatement of sales revenue.

Other Matters

We have also audited the Parent Company Only Financial Statements of Aurora Corporation for the years ended December 31, 2024 and 2023, on which we have issued an unqualified opinion.

Responsibilities of Management and Those Charged with Governance for the Consolidated Financial Statements

To ensure that the Consolidated Financial Statements do not contain material misstatements caused by fraud or errors, the management is responsible for preparing prudent Consolidated Financial Statements in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers, as well as the IFRS, IAS, law and regulation reviews and their announcements recognized and announced by the Financial Supervisory Commission, and for preparing and maintaining necessary internal control procedures pertaining to the Consolidated Financial Statements.

In preparing the Consolidated Financial Statements, the management is responsible for assessing Aurora Corporation and its subsidiaries' ability to continue as a going concern, disclosing, as applicable, matters related to the going concern and using the going concern basis of accounting unless the management either intends to liquidate Aurora Corporation and its subsidiaries or to cease operations, or has no realistic alternative but to do so.

Those charged with governance (including the Audit Committee) are responsible for overseeing Aurora Corporation and its subsidiaries' financial reporting process.

Auditors' Responsibilities for the Audit of the Consolidated Financial Statements

Our objectives are to obtain reasonable assurance about whether the Consolidated Financial Statements as a whole are free from material misstatements, 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 and audit conducted in accordance with the accounting principles in 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 financial statements.

As part of an audit in accordance with the accounting principles in the Republic of China, we exercise professional judgment and professional skepticism. We also:

Identify and evaluate the risk of material misstatements due to fraud or error in the Consolidated Financial Statements; design and carry out appropriate countermeasures for the evaluated risk; and obtain sufficient and appropriate evidence as the basis for thour audit 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.

Obtain an understanding of internal controls 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 internal controls of Aurora Corporation and its subsidiaries.
Assess the appropriateness of the accounting policies adopted by the management, as well as the reasonableness of their accounting estimates and relevant disclosures.
Conclude on the appropriateness of the 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 Aurora Corporation and its subsidiaries' ability to operate 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 Consolidated 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 Aurora Corporation and its subsidiaries to cease to continue as a going concern.
Evaluate the overall expression, structure and contents of the Consolidated Financial Statements (including relevant Notes), and whether the Consolidated Financial Statements fairly present relevant transactions and items.
Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within Aurora Corporation and its subsidiaries to express an opinion on the Consolidated Financial Statements. We are responsible for the direction, supervision, and performance of the audit and for expressing an opinion on the Consolidated Financial Statements of Aurora Corporation and its subsidiaries.

From the matters communicated with those charged with governance, we determine the key audit matters of Aurora Corporation and its subsidiaries' Consolidated Financial Statements for the year ended December 31, 2024. We describe these 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.

Deloitte & Touche

Hai-Yueh Huang, CPA Rui-Chuan Chi, CPA Securities and Futures Commission Approval Financial Supervisory Commission Approval No. Tai-Cai-Zheng-6 No. 0920131587 No. Jin-Guan-Zheng-Shen No. 1060023872 March 14, 2025

Aurora Corporation and Subsidiaries Consolidated Balance Sheets December 31, 2024 and 2023 (In Thousands of New Taiwan Dollars)

Code 1100 1110 1136 1150 1170 1180 1200 1220 130X 1479 11XX 1550 1560 1600 1755 1760 1805 1821 1840 1920 1980 1990 15XX 1XXX Code 2100 2110 2130 2170 2200 2230 2280 2300 21XX 2540 2570 2580 2630 2640 2645 25XX 2XXX 3110 3200 3310 3320 3350 3300 3400 3500 31XX 36XX 3XXX	Assets Current Assets Cash (NotesVI) Financial assets at fair value through profit or loss - current (Notes IV and VII ) Financial assets at amortized cost - current (Notes IV, VIII and XXXIII) Contract assets - current (Notes IV and XXIV) Notes receivable (Notes IV and X) Accounts receivable (Notes IV and X) Accounts receivable - related parties (Notes IV, X and XXXII) Other receivables (Notes IV, X, and XXXII) Current tax assets (Notes IV and XXVI) Inventories (Notes IV and XI) Other current assets (Note XVIII) Total current assets Non-current assets Investments accounted for using the equity method (Notes IV and XIII) Contract assets - non-current (Notes IV and XXIV) Property, plant, and equipment (Notes IV, XIV, XXXII, and XXXIII) Right-of-use assets (Notes IV, XV, and XXXII) Investment properties (Notes IV, XVI, and XXXIII) Goodwill (Notes IV and XVII) Other intangible assets (Notes IV and XVII) Deferred tax assets (Notes IV and XXVI) Refundable deposits (Note XXXII) Other financial assets - non-current (Notes IX and XXXIII) Other non-current assets (Note XVIII) Total non-current assets Total assets Liabilities and Equity Current Liabilities Short-term loans (Note XIX) Short-term notes and bills payable (Note XIX) Contract liabilities - current (Notes IV and XXIV) Accounts payable (Note XX and XXXII ) Other payables (Notes XXI and XXXII) Current tax liabilities (Notes IV and XXVI) Lease liabilities - current (Notes IV, XV, and XXXII) Other current liabilities (Note XXI) Total current liabilities Non-current liabilities Long-term loans (Note XIX) Deferred income tax liabilities (Notes IV and XXVI) Lease liabilities - non-current (Notes IV, XV, and XXXII) Long-term deferred revenue (Notes XXVIII) Net defined benefit liabilities - non-current (Notes IV and XXII) Guarantee deposits received (Note XXXII) Total non-current liabilities Total liabilities Equity attributable to owners of the Company (Note XXIII) Capital Stock Capital stock - common shares Capital surplus Retained earnings Legal reserve Special reserve Unappropriated earnings Total retained earnings Other equity Treasury shares Total equity attributable to owners of the Company Non-controlling Interests Total equity Total liabilities and equity		December 31, 2024	December 31, 2024	% 16 1 20 - 1 5 1 - - 8 2 54 16 1 19 4 3 1 - 1 1 - - 46 100 9 2 2 6 6 1 1 1 28 17 1 3 - 2 - 23 51 13 11 12 5 6 23 1) 4) 42 7 49 100		December 31, 2023	December 31, 2023
			Amount $ 2,905,080 114,763 3,626,858 61,055 132,126 808,549 181,741 65,069 50,771 1,403,878 404,162 9,754,052 2,931,545 79,094 3,440,414 756,842 507,974 133,111 74,332 175,090 154,232 16,134 13,379 8,282,147 $ 18,036,199 $ 1,688,142 299,880 416,152 1,161,892 1,013,228 105,476 219,886 161,957 5,066,613 3,065,040 194,032 424,395 27,307 357,317 59,620 4,127,711 9,194,324 2,362,025 1,921,694 2,257,600 852,220 1,080,349 4,190,169 149,980) 791,826) 7,532,082 1,309,793 8,841,875 $ 18,036,199				Amount $ 2,723,584 97,510 3,858,355 - 148,257 867,112 135,865 54,099 48,347 1,265,110 446,235 9,644,474 3,081,538 113,141 2,986,388 797,217 510,618 133,020 50,417 176,670 164,877 28,173 252,982 8,295,041 $ 17,939,515 $ 1,832,173 - 285,797 1,006,437 995,916 135,456 284,138 97,769 4,637,686 3,417,319 267,603 410,659 27,260 410,644 60,247 4,593,732 9,231,418 2,362,025 1,875,002 2,148,615 852,220 1,176,930 4,177,765 237,619) 791,826) 7,385,347 1,322,750 8,708,097 $ 17,939,515		%
		( (		( (		( (		( (	15 1 22 - 1 5 1 - - 7 2 54 17 1 17 4 3 1 - 1 1 - 1 46 100 10 - 2 6 5 1 2 - 26 19 2 2 - 2 - 25 51 13 10 12 5 6 23 1) 4) 41 8 49 100

The accompanying notes are an integral part of the Consolidated Financial Statements. Chairman: Hui-Hua Yuan General Manager: Yan-Lin You Principal Accounting Officer: Ya-Ling Lin

Aurora Corporation and Subsidiaries

Consolidated Statements of Comprehensive Income For the Years Ended December 31, 2024 and 2023

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

Code Operating revenue (Notes IV, XXIV, and XXXII) 4110 Sales revenue 4170 Sales returns 4190 Sales discounts and allowances 4000 Total operating revenue 5000 Operating costs (Notes IV, XI, XXV, and XXXII) 5900 Gross profit 5910 Realized gains from sales of associates 5950 Realized gross profit Operating expenses (Notes IV, X, XXV, and XXXII) 6100 Selling and marketing expenses 6200 General and administrative expenses 6450 Expected credit impairment loss (reversal gain) 6000 Total operating expenses 6900 Net operating income Non-operating income and expenses (Notes IV, VII, XIII, XXV, and XXXII) 7100 Interest income 7190 Other income		2024		% 100 - - 100 56 44 - 44 23 14 - 37 7 1 2		2023
		Amount $ 11,312,142 13,927 ) 5,469) 11,292,746 6,279,940 5,012,806 9,205 5,022,011 2,593,578 1,554,687 49,947 4,198,212 823,799 123,457 167,955				Amount $ 11,551,774 13,742 ) 4,700) 11,533,332 6,213,223 5,320,109 11,755 5,331,864 2,606,248 1,698,270 4,189) 4,300,329 1,031,535 130,632 161,878		%
	( (				( ( (			100 - - 100 54 46 - 46 22 15 - 37 9 1 2

(Continued on the next page)

(Continued from the previous page)

(Continued from the previous page)
Code 7590 Other gains and losses 7050 Finance costs 7060 Share of profit or loss associates accounted for using the equity method 7000 Total non-operating income and expenses 7900 Net income before tax 7950 Income tax expense (Notes IV and XXVI) 8200 Net income Other comprehensive income 8310 Components that will not be reclassified to profit or loss (Notes IV, XXII, and XXVI) 8311 Gains (losses) on re- measurements of defined benefit plans 8320 Share of other comprehensive income of associates accounted for using the equity method 8349 Income tax related to components that will not be reclassified to profit or loss 8360 Components that may be reclassified to profit or loss (Notes IV) 8361 Exchange differences on translation of financial statements of foreign operations 8370 Share of other comprehensive income of associates accounted for using the equity method		2024		% - 1 ) 2 4 11 2 9 - 2 ) - 2) 3 - 3		2023
		Amount 47,426 111,579 ) 211,033 438,292 1,262,091 243,376 1,018,715 24,205 194,486 ) 4,841) 175,122) 295,754 22,810 318,564				Amount 12,820 91,903 ) 237,542 450,969 1,482,504 308,215 1,174,289 733 ) 20,801 ) 146 21,388) 148,319 ) 12,129) 160,448)		%
	( ( ( (		( ( (		( ( ( ( ( ( (		( ( (	- 1 ) 2 4 13 3 10 - - - - 1 ) - 1)

(Continued on the next page)

(Continued from the previous page)

Code 8300 Other comprehensive income, net 8500 Total comprehensive income Net Income Attributable to: 8610 Owners of the Company 8620 Non-controlling Interests 8600 Total comprehensive income attributable to: 8710 Owners of the Company 8720 Non-controlling Interests 8700 Earnings per share (Note XXVII) 9710 Basic 9810 Diluted		2024		% 1 10 8 1 9 9 1 10		2023
		Amount 143,442 $ 1,162,157 $ 958,645 60,070 $ 1,018,715 $ 1,068,473 93,684 $ 1,162,157 $ 4.26 $ 4.26				Amount 181,836) $ 992,453 $ 1,091,507 82,782 $ 1,174,289 $ 928,528 63,925 $ 992,453 $ 4.86 $ 4.85		%
					(		(	1) 9 9 1 10 8 1 9

The accompanying notes are an integral part of the Consolidated Financial Statements.

Chairman: Hui-Hua Yuan General Manager: Yan-Lin You

Principal Accounting Officer: Ya-Ling Lin

Aurora Corporation and Subsidiaries Consolidated Statements of Changes in Equity For the Years Ended December 31, 2024 and 2023 (In Thousands of New Taiwan Dollars)

Capital Stock		Retained earnings	Retained earnings	Unappropriated earnings $ 1,328,641 ( 131,404 ) ( 1,110,152 ) 1,091,507 ( 1,662) 1,089,845 - - 1,176,930 ( 108,985 ) ( 968,430 ) 958,645 22,189 980,834 - - $ 1,080,349		Otherequity	Otherequity	Otherequity	Treasury shares	Treasury shares		Total Equity Attributable to Owners of the Company	Non-controlling Interests	Non-controlling Interests		Total Equity
						Exchange differences on translation of financial statements of foreign operations $ 554,212 ) - - - 142,040) 142,040) - - 696,252 ) - - - 282,566 282,566 - - $ 413,686)	Unrealized gains or losses on financial assets at fair value through other comprehensive income
	Legal Reserve $ 2,017,211 131,404 - - - - - - 2,148,615 108,985 - - - - - - $ 2,257,600	Special Reserve
$ 2,362,025 - - - - - - - 2,362,025 - - - - - - - $ 2,362,025			$ 852,220 - - - - - - - 852,220 - - - - - - - $ 852,220	( ( ( ( (	( ( ( ( (		( ( ( (	$ 477,910 - - - 19,277) 19,277) - - 458,633 - - - 194,927) 194,927) - - $ 263,706	( ( (	$ 791,826 ) - - - - - - - 791,826 ) - - - - - - - $ 791,826)	( ( (	$ 7,513,446 - 1,110,152 ) 1,091,507 162,979) 928,528 53,525 - 7,385,347 - 968,430 ) 958,645 109,828 1,068,473 46,692 - $ 7,532,082	( ( (	$ 1,370,567 - - 82,782 18,857) 63,925 5,210 116,952) 1,322,750 - - 60,070 33,614 93,684 4,545 111,186) $ 1,309,793	( ( ( ( (	$ 8,884,013 - 1,110,152 ) 1,174,289 181,836) 992,453 58,735 116,952) 8,708,097 - 968,430 ) 1,018,715 143,442 1,162,157 51,237 111,186) $ 8,841,875

The accompanying notes are an integral part of the Consolidated Financial Statements.

Chairman: Hui-Hua Yuan

General Manager: Yan-Lin You

Principal Accounting Officer: Ya-Ling Lin

Aurora Corporation and Subsidiaries Consolidated Statements of Cash Flows For the Years Ended December 31, 2024 and 2023 (In Thousands of New Taiwan Dollars)

Code Cash flows from operating activities A00010 Net income before tax A20010 Profit or Less Items: A20100 Depreciation expenses A20200 Amortization expenses A20300 Expected credit impairment loss (reversal gain) A20400 Net gain on financial assets at fair value through profit or loss A20900 Finance costs A21200 Interest income A22300 Profit and loss share of associated enterprises using the equity method A22500 Loss on disposal of property, plant, and equipment A22800 Loss on disposal of intangible assets A29900 Impairment loss of associated enterprises using the equity method on disposal of intangible assets A23900 Realized gains from associates A29900 Gains on lease modifications A30000 Net change in operating assets and liabilities A31130 Notes receivable A31150 Accounts receivable A31160 Accounts receivable - related parties A31180 Other receivables A31200 Inventories A31240 Other current assets A31125 Contract assets A32150 Accounts payable A32180 Other payables A32210 Deferred revenue A32230 Other current liabilities A32240 Net defined benefit liabilities A33000 Cash generated from operations A33300 Interest paid A33500 Income tax paid AAAA Net cash flows generated from operating activities		2024 $ 1,262,091 797,177 24,011 49,947 40,589 ) 111,579 123,457 ) 211,033 ) 686 - - 9,205 ) 2,604 ) 16,131 7,102 45,876 ) 10,639 ) 428,831 ) 42,073 27,008 ) 155,455 17,112 47 194,543 29,123) 1,749,589 111,521 ) 352,613) 1,285,455		2023
	( ( ( ( ( ( ( ( ( ( ( (		( ( ( ( ( ( ( ( ( ( ( ( ( (	$ 1,482,504 799,402 25,095 4,189 ) 45,375 ) 91,903 130,632 ) 237,542 ) 11,740 37 10,946 11,755 ) 1,267 ) 57,329 187,523 18,990 4,257 ) 216,996 129,752 ) 7,653 11,674 ) 82,774 ) 27,260 107,382 ) 31,823) 2,138,956 90,683 ) 336,050) 1,712,223

(Continued on the next page)

(Continued from the previous page)

Code B01800 Cash flows from investing activities Aquisition long-term equity investment using equity method B00040 Purchase of financial assets at amortized cost B00050 Disposal of financial assets measured at amortized cost B00100 Purchase of financial assets at fair value through profit or loss B00200 Disposal of financial assets measured at fair value through profit or loss B02700 Payments for property, plant and equipment B02800 Proceeds from disposal of property, plant and equipment B03800 Decrease in refundable deposits B04500 Payments for intangible assets B06800 Increase in other non-current assets B07500 Interest received B07600 Dividends received BBBB Net cash inflows from investing activities Cash flows from financing activities C00100 Increase in short-term loans C00200 Decrease in short-term loans C00500 Increase in short-term notes and bills payable C00600 Decrease in short-term notes and bills payable C01600 Application for long-term borrowings C01700 Repayment on long-term loans C03100 Decrease in guarantee deposits received C04020 Repayment of the principal portion of lease liabilities C04500 Cash dividends paid CCCC Net cash flows used in financing activities DDDD Effects of exchange rate changes on the balance of cash equivalents EEEE Net increase in cash E00100 Cash at beginning of period E00200 Cash at end of period		2024 - 632,193 ) 1,022,681 11,123,083 ) 11,146,419 564,346 ) 14,231 10,645 29,331 ) 251,642 96,960 200,215 393,840 - 144,031 ) 299,880 - - 352,279 ) 627 ) 366,923 ) 1,028,237) 1,592,217) 94,418 181,496 2,723,584 $ 2,905,080		2023
	( ( ( ( ( ( ( ( ( (		( ( ( ( ( ( ( ( ( ( ( (	10,336 ) 1,054,873 ) 1,488,945 9,755,552 ) 9,767,370 361,159 ) 6,888 1,076 18,248 ) 116,965 ) 81,386 236,423 264,955 323,173 - - 1,049,579 ) 864,585 - 9,166 ) 383,401 ) 1,168,841) 1,423,229) 50,348) 503,601 2,219,983 $ 2,723,584

The accompanying notes are an integral part of the Consolidated Financial Statements. Chairman: Hui-Hua Yuan General Manager: Yan-Lin You Principal Accounting Officer: Ya-Ling Lin

【Proposed Resolutions】

Proposal 2

Proposal: Ratification of the 2024 Profit Distribution Plan.

[Proposed by the board of directors]

Explanatory Notes:

(I) Aurora's profit after tax for 2024 has been compiled in accordance with Article 228 of the Company Act. The distributable unappropriated retained earnings (including amount of undistributed unappropriated retained earnings of previous years) amounts to NT$ 982,265,958. An earnings distribution table has been prepared for the distribution of the earnings (please refer to page30).
(II) Proposed for ratification.

Resolution:

Aurora Corporation Earnings Distribution Table

2024

(Unit: NT$)

Item	Amount
Undistributed earnings at the beginning of the period Actuarialgains(losses)recognized in retained earnings	99,516,541 22,187,559
Undistributed earnings after adjustment	121,704,100
Add: 2024 net profit after tax Less: Provision of legal reserve	958,645,127 (98,083,269)
Earnings available for distribution in the currentperiod	982,265,958
Less: Distributable items Dividend to shareholders – cash (236,202,518 shares *NTD 3.7per share)	(873,949,317)
Undistributed earnings at the end of theperiod	108,316,641

Notes:

Priority is given to the distribution of 2024 net profit.
Pursuant to Article 29 of the Articles of Incorporation, the Board of Directors is authorized to pay all or part of the dividends and bonuses to be distributed in cash.

Chairman: Hui-Hua Yuan

General Manager: Yan-Lin You

Principal Accounting Officer: Ya-Ling Lin

【Proposed Resolutions】

Proposal 3

Proposal: Amendment to the Company’s Articles of Incorporation, submitted for review.

[Proposed by the board of directors]

Explanatory Notes:

(I) According to Order Jin-Guan-Zheng-Fa-Zi No. 1130385442 of the Financial Supervisory Commission dated November 8, 2024 and Paragraph 6 of Article 14 of the Securities and Exchange Act, TWSElisted companies shall specify in their Articles of Incorporation that a certain percentage of the annual earnings shall be appropriated for salary adjustments or compensation distributions for their “non-executive employees,” and the Articles of Incorporation shall be amended by the shareholders’ meeting no later than 2025.
(II) In order to meet the requirements of the law, it is proposed to make partial amendment to the Company’s Articles of Incorporation.

(III)The comparison table of the amended provisions is as follows:

Item	Description	Description	Remarks
	Proposed amendment	Before amendment
I.	Article 29 If Aurora makes a profit (i.e., net profit before tax after deduction of the portion set aside for employees' compensation) within a fiscal year, 1% to 10% of the profit shall be reserved as the employee remuneration; in case of accumulated loss, however, a portion of the profit shall first be reserved to cover the loss. From the amount of the employee remuneration referred to in the	Article 29	I. According to Order Jin-Guan-Zheng-Fa- Tzi No. 1130385442 of the Financial Supervisory Commission dated on November 08, 2024. II. According to Paragraph 6, Article 14 of the Securities and Exchange Act, the Articles of
		If Aurora makes a profit (i.e., net
		profit before tax after deduction
		of the portion set aside for
		employees' compensation) within
		a fiscal year, 1% to 10% of the profit shall be reserved as the
		employee remuneration; in case
		of accumulated loss, however, a
		portion of the profit shall first be
		reserved to cover the loss. (Newly added paragraph.)

Item	Description	Description	Remarks
	Proposed amendment	Before amendment
	preceding paragraph, no less than forty percent shall be set aside as remuneration to the non-executive employees at the lowest level. The counterparties to whom compensation shall be distributed in cash or stock as stated in thefirst paragraph includes the employees of Aurora's subordinate companies that meet certain criteria. A resolution adopted by a majority vote at a meeting of the board of directors attended by two-thirds of the total number of directors for the precedingthreeparagraphs shall be submitted to the shareholders' meeting. (Omitted)	The counterparties to whom compensation shall be distributed in cash or stock as stated in the precedingparagraph includes the employees of Aurora's subordinate companies that meet certain criteria. A resolution adopted by a majority vote at a meeting of the board of directors attended by two-thirds of the total number of directors for the precedingtwo paragraphs shall be submitted to the shareholders' meeting. (Omitted)	Incorporation shall specify that a certain percentage of the annual earnings shall be appropriated for salary adjustments or compensation distributions for non-executive employees. Paragraph 2 is added as proposed to meet the requirement. III. The rest provisions are adjusted in numbering.
2.	Article 32 The Articles of Incorporation were established on July 12, 1963. … (Omitted) The forty- sixth amendment was made on June 9, 2022. The forty-seventh amendment was made on June 19, 2025.	Article 32 The Articles of Incorporation were established on July 12, 1963. … (Omitted) The forty- sixth amendment was made on June 9, 2022.	The date of the amendment is added

(IV) Please review .

Resolution:

【Election Matters】

Proposal: Re-election of the Company’s directors

[Proposed by the board of directors]

Explanatory Notes:

(I) The term of office of the directors will expire on June 8, 2025, and a full reelection will be held on the date of the shareholders’ meeting.
(II) According to Article 18 of the Articles of Incorporation, seven directors (including three independent directors) shall be elected by shareholders from the list of director candidates, and the term of office of all the directors shall be 3 years from June 19, 2025 to June 18, 2028.
(III) The Company adopts a candidate nomination system for the election of directors. The qualifications of the candidates were reviewed and approved at the 14th meeting of the 12th Board of Directors on April 25, 2025, and announced in accordance with the regulations. The list of candidates for the current term of directors (including independent directors) and relevant information is as follows:

Type of candidate	Name of candidate	Education background	Experience	Current position	Number of shares held (unit: share)
Director	Hui-Hua Yuan	MBA, Graduate Institute of Business Administration, National Taiwan University (EMBA of Offshore Program, Taiwan University – Fudan University)	Aurora Holdings Incorporated Director Aurora Corporation Director	Aurora Corporation Chairperson	1,203,000
Director	Yung-Tai Chen	Department of Economics, National Chung Hsing University	Aurora Corporation Chairperson Aurora Corporation Director	Aurora Holdings Incorporated Chairperson	21,834,000
Director	Aurora Holdings Incorporated Representative: Hau-Min Rai	Department of Law, National Taiwan University Bachelor of Law University of Tokyo, Japan Master of Law	Formosa Transnational Attorneys at Law Founding lawyer Grand Justice and President of the Judicial Yuan	Aurora Corporation Director	101,856,312

Type of candidate	Name of candidate	Education background	Experience	Current position	Number of shares held (unit: share)
Director	Chih-Hsien Ma	Department of Finance, National Taiwan University EMBA, Fudan University	Aurora Corporation Finance Manager and Spokesperson Aurora Corporation Director	KM Developing Solutions Co., Ltd. Chairperson	23,000
Independent director	Wen-Chung Hsu	Department of Electronics, Minghsin Institute of Technology	HUXEN CORPORATION Chairperson	Aurora Corporation Independent director	0
Independent director	Teh-Feng Wu	Department of Accounting, Soochow University EMBA of Offshore Program, Taiwan University – Fudan University	PwC Taiwan Vice President,	Chinese Tax Research Foundation Chairperson	0
Independent director	Chia-Yi Lai	Graduate Institute of Accounting, Soochow University EMBA, National Taiwan University (Account and Management Decision Program)	Deloitte Taiwan Assistant Manager	Holdwell Certified Public Accountants Firm President	6,000

(IV) The election is conducted in accordance with the director election regulations of the Company. Please refer to Appendix III (pages 63–66).

(V) Please elect.

Election results:

【Other Proposals】

Proposal: Proposal for approval of the competition behavior of the directors.

[Proposed by the board of directors]

Explanatory Notes:

According to Article 209 of the Company Act, the competition behavior of the directors shall be approved at the shareholders’ meeting. A director of the Company acts as a director of another company engaged in the business same as or similar to that of the Company in terms of the scope. However, his/her participation in the operation is beneficial to the development of the Company. For the operational strategy, it is intended to request the shareholders’ meeting to approve the competitive behavior of the newly elected directors and their representatives, and to explain the scope and content of the competition on the spot before the discussion at the shareholders' meeting begins.

Resolution:

【Extempore Motions】

`【` Appendix I `】`

Articles of Incorporation of Aurora Corporation

Chapter 1 General Principles

Article 1 The Company shall be incorporated under the Company Act, and its name shall be Aurora Corporation (hereinafter referred to as Aurora).
Article 2 The business to be operated by Aurora is as follows:
I. F401021 Restrained Telecom Radio Frequency Equipment and Materials Import.
II. F108031 Wholesale of Medical Devices.
III. F208231 Retail Sale of Medical Devices.
IV. ZZ99999 All business items that are not prohibited or restricted by law, except those that are subject to special approval.
Article 3 Aurora may provide endorsements or guarantees to other parties.
Article 4 Aurora's total amount of investments is not subject to the limit of 40% of its paid-in capital as imposed by Article 13 of the Company Act.
Article 5 Aurora shall have its head office in Taipei City, and may, pursuant to a resolution adopted at the meeting of the board of directors, establish, change, or abolish branch offices domestically and internationally when deemed necessary.
Article 6 Public announcements of Aurora shall be made pursuant to relevant articles of the Company Act.

Chapter 2 Shareholding

Article 7 The total capital of Aurora shall be in the amount of five billion New Taiwan Dollars (NT$5,000,000,000), divided into five hundred million (500,000,000) shares, with a par value of ten New Taiwan Dollars (NT$10) each, and the board of directors is authorized to issue the shares in installments. For the total capital, NT$100 million was reserved, and the shares were divided into 10 million shares with a par value of NT$10 per share, which is for the issuance of employee stock warrants. The board of directors is authorized to issue the said

employee stock warrants in installments pursuant to the Company Act and relevant laws.

If the price of Aurora’s issuance of employee stock warrants is lower than the closing price of Aurora’s common stock as of the issuing date, they can only be issued after obtaining the consent from more than two thirds of voting shares of the attending shares at a shareholders' meeting to be attended by more than half shareholders representing the total number of issued shares.

Article 7-1 The board of directors is authorized to repurchase shares of Aurora pursuant to relevant laws when the situation warrants it.
Article 8 The printing of share certificates for the Company’s shares is exempted. In the event that the Company does print share certificates, the name of registered share certificates shall be printed in accordance with the Company Act of the Republic of China and other relevant laws and regulations.
Article 9 When shareholders who engage in stock affairs with Aurora or exercise their rights as shareholders in writing, they shall stamp their seals which correspond to the ones provided to Aurora before.
Article 10 The transfer, inheritance, bestowal, pledge, loss, damage, and other stock affairs of shares shall be handled in accordance with the Company Act and the Regulations Governing the Administration of Shareholder Services of Public Companies. In order to manage the stocks reasonably, Aurora may reissue large-denomination securities at the request of the securities custodian institutions approved by the competent authority and cooperate with the securities renewal procedures.
Article 11 Share transfer shall be suspended within 60 days before the date of each annual shareholders' meeting, within 30 days before the date of each extraordinary shareholders' meeting, or within five days before the record date on which dividends, bonus, or any other distributions will be paid or made by Aurora.

Chapter 3 Shareholders' Meeting

Article 12 Shareholders' meetings of Aurora are of two types: annual meeting and extraordinary meeting. Annual meetings shall be convened once a year within six months after the end of each fiscal year. Extraordinary meetings may be duly convened according to relevant laws whenever Aurora deems necessary.

When Aurora convenes a shareholders' meeting, it may be held by means of visual communication network or other methods promulgated by the central competent authority

Unless otherwise provided in the Regulations Governing the Administration of Shareholder Services of Public Companies, the Company convening a shareholders’ meeting with videoconferencing shall expressly provide for such meetings in its Articles of Incorporation and obtain a resolution of its Board of Directors. Furthermore, convening of a virtual-only shareholders’ meeting shall require a resolution adopted by a majority vote at a meeting of the Board of Directors attended by at least two-thirds of the total number of directors.

Article 13 A shareholder may appoint a proxy to attend a shareholders' meeting on his/her/its behalf by executing a power of attorney printed by Aurora stating therein the scope of power authorized to the proxy. The power of attorney shall be delivered to Aurora five days before the meeting. A shareholder may issue only one proxy form and appoint only one proxy for any given shareholders' meeting. When duplicate proxy forms are delivered, the one received earliest shall prevail. However, a declaration made to cancel the previous proxy appointment is not subject to the aforementioned rule. The appointment of a proxy from a shareholder shall comply with Article 177 of the Company Act and the regulations of the competent authority.
Article 14 If a shareholders' meeting is convened by the board of directors, the meeting shall be chaired by the chairman of the board. When the chairman of the board is on leave or for any reason unable to exercise the powers of the chairman, one of the directors shall be appointed to act as chair. Where the chairman does not make such a designation, the directors shall select one person from among themselves to serve as the chair. If a shareholders' meeting is convened by a party with power to convene but other than the board of directors, the convening party

shall chair the meeting. When there are two or more such convening parties, they shall mutually select a chair from among themselves.

Article 15 A shareholder shall be entitled to one vote for each share held, except when the shares are deemed to be non-voting shares pursuant to the Company Act and other relevant laws.
Article 16 Except as otherwise provided in the Company Act or in this Articles of Incorporation, the adoption of a proposal in a shareholders' meeting shall require an affirmative vote of a majority of the voting rights represented by the attending shareholders, and the attending shareholders require the representation of a majority of the all shares issued by Aurora.
Article 17 Matters relating to the resolutions of a shareholders' meeting shall be recorded in the meeting minutes. The meeting minutes shall be signed or sealed by the chair of the meeting and a copy distributed to each shareholder within 20 days after the conclusion of the meeting. The meeting minutes may be distributed by means of a public announcement. The meeting minutes shall include the date and venue of the meeting, the name of the chair of the meeting, and summary and results of the proceedings. The meeting minutes, along with the attendance list bearing the signatures of shareholders present at the meeting and the powers of attorney of the proxies, shall be kept at the premise of Aurora.

Chapter 4 Directors and the Audit Committee

Article 18 Aurora shall have seven to nine directors. Elections of directors at Aurora shall be conducted in accordance with the candidate nomination system and procedures, who shall be elected from legally competent persons with cumulative voting at the shareholders' meeting and hold office for three years; re-elected directors may serve consecutive terms. The total number of shares held by all directors shall be processed in accordance with the relevant laws and regulations of the competent authority in charge of securities affairs.

The minimum number of independent directors shall be three and one fifth of the seats in the board. It is advisable that an independent director shall not hold office for more than three consecutive terms. The method and announcement of candidate nomination shall be

processed in accordance with the Company Act and relevant laws and regulations of the competent authority in charge of securities affairs.

Article 19 If the directors' tenure has expired and an election fails to take place, their tenure shall be extended until the newly elected directors assume office. However, the competent authority may order Aurora to elect new directors within a given time limit. If such an election fails to take place by the given time limit, the current directors shall be discharged on the date of the said time limit.
Article 20 Directors shall organize the board of directors, and a chairman of the board shall be elected among the directors with the majority consent from the attending directors at a board meeting with over two thirds of directors attending. The chairman of the board shall be the chair of shareholders' meetings and the board meeting internally, and represent Aurora externally. The chairman of the board shall execute all activities of Aurora according to laws and regulations, Articles of Incorporation, as well as the resolutions of shareholders' meetings and the board meetings. When the chairman of the board is on leave or for any reason unable to exercise the powers of the chairman, one of the directors shall be appointed to act as chair. Where the chairman does not make such a designation, the directors shall select one person from among themselves to serve as the chair. The board of directors shall be convened by the chairman of the board. If the chairman of the board is unable to convene the board of directors for any reason, the provisions of the preceding paragraph shall apply mutatis mutandis. The meeting of the board of directors shall be convened by delivery a notice to each director via mail, e-mail, or fax. The board of directors of Aurora shall establish various functional committees, each of which shall establish rules and regulations for exercising their powers, and shall be implemented after being approved by the board of directors.
Article 21 A director shall attend a board meeting in person. If a director is unable to attend a meeting for any reason, such director may entrust another director to attend on his/her behalf by giving a proxy form stating the scope of authorization for the meeting. However, each director can only act as a proxy for one person. If a board meeting is held by way of videoconference, the directors participating in the videoconference shall be deemed to have attended the meeting in person.

Article 22 Unless otherwise provided for in the Company Act or in the Article of Incorporation, decisions at the board of directors meeting shall be resolved by a majority vote in the meeting which is attended by directors who represent a majority of the total number of directors.
Article 23 Matters relating to the resolutions of a board of directors meeting shall be recorded in the meeting minutes. The meeting minutes shall be signed or sealed by the chair of the meeting and a copy distributed to each director within 20 days after the conclusion of the meeting. The meeting minutes shall include the date and venue of the meeting, the name of the chair of the meeting, and summary and results of the proceedings. The meeting minutes, along with the attendance list bearing the signatures of directors present at the meeting and the powers of attorney of the proxies, shall be kept at the premise of Aurora.
Article 24 Aurora establishes an Audit Committee in compliance with relevant laws. The Audit Committee shall consist of all independent directors and is responsible to carry out duties of supervisors stipulated in the Company Act, Securities and Exchange Act, and other laws and regulations. The position of supervisors was abolished on the same date the Audit Committee was established in compliance with relevant laws.
The number of Audit Committee members, their term, duties, meeting procedures and the resources to be provided when exercising their duties shall be regulated by the organizational rules of the Audit Committee enacted by the board of directors.
Article 25 Regardless of whether Aurora operates at a profit or loss, it shall provide remuneration to the directors for conducting company business, except for those directors who receive compensation based on internal rules for holding positions of Aurora. The board of directors is authorized to determine the remuneration based on the directors' involvement in Aurora's business operation and their contributions to Aurora with reference to the remuneration standard of the industry.

Chapter 5 Corporate Bonds

Article 26 Aurora may, by a resolution adopted by the board of directors, invite subscription for corporate bonds pursuant to the provisions of the Company Act.

Chapter 6 General Manager:

Article 27 Aurora may have a number of managerial personnel. Appointment and discharge and the remuneration of the managerial personnel shall be decided in accordance with the Company Act.

Chapter 7 Accounting

Article 28 The fiscal year of Aurora starts and ends on the same dates of a calendar year. At the end of each fiscal year, the board of directors shall prepare the following statements and records and propose them to the annual shareholders' meeting for ratification in accordance with the legal procedures:
I. Business report.
II. Financial statements.
III. Surplus earning distribution or loss off-setting proposals.
Article 29 If Aurora makes a profit (i.e., net profit before tax after deduction of the portion set aside for employees' compensation) within a fiscal year, 1% to 10% of the profit shall be reserved as the employee remuneration; in case of accumulated loss, however, a portion of the profit shall first be reserved to cover the loss.
The counterparties to whom compensation shall be distributed in cash or stock as stated in the preceding paragraph includes the employees of Aurora's subordinate companies that meet certain criteria.
A resolution adopted by a majority vote at a meeting of the board of directors attended by two-thirds of the total number of directors for the preceding two paragraphs shall be submitted to the shareholders' meeting.

For the net income in the annual accounts, if any, its allocation shall be prioritized by the following order:

I. Covering accumulated losses (including the adjusted amount of unappropriated retained earnings).
II. Setting aside ten percent of the net income as legal reserve. Where such legal reserve amounts to the total paid-in capital, this provision shall not apply.
III. Appropriating or reversing special reserves in accordance with the laws or the direction of the competent authority.
IV. The balance, along with the unappropriated retained earnings as of the beginning of the fiscal year concerned (including the

adjusted amount of unappropriated retained earnings) shall be proposed to the shareholders' meeting for a resolution on its distribution.

The Company authorizes the Board of Directors to pass a resolution regarding the payment of distributable dividends and bonuses, as well as all or part of the capital reserve or legal earnings reserve in cash, by a majority vote at a meeting attended by over two-thirds of the directors, and to report such payment to the shareholders’ meeting.

Article 29-1 As the industry into which Aurora falls is currently in a stage of steady growth, demand for capital has lowered. In the future, operating results will be returned to shareholders as many as possible. In consideration of business development, finances, capital expansion, and shareholders' equity, Aurora distributes dividends in the combination of cash and stock, where cash dividends distributed are not lower than ten percent of the dividends distributed for the year.

Chapter 8 Miscellaneous

Article 30 Aurora's organizational charter and by-laws shall be separately enacted by the board of directors.
Article 31 Any matters inadequately provided for herein shall be subject to provisions concerned set forth in the Company Act and relevant laws and regulations.

Article 32 The Articles of Incorporation were established on July 12, 1963. The first amendment was made on October 26, 1966. The second amendment was made on August 23, 1969. The third amendment was made on April 10, 1972. The fourth amendment was made on February 10, 1973. The fifth amendment was made on November 19, 1974. The sixth amendment was made on June 15, 1977. The seventh amendment was made on July 5, 1979. The eighth amendment was made on July 5, 1980. The ninth amendment was made on April 30, 1982. The tenth amendment was made on July 16, 1984. The eleventh amendment was made on September 7, 1985. The twelfth amendment was made on March 10, 1986.

The thirteenth amendment was made on March 20, 1988. The fourteenth amendment was made on November 13, 1988. The fifteenth amendment was made on December 11, 1988. The sixteenth amendment was made on June 3, 1989. The seventeenth amendment was made on November 27, 1989. The eighteenth amendment was made on December 15, 1989. The nineteenth amendment was made on February 20, 1990. The twentieth amendment was made on April 27, 1990. The twenty-first amendment was made on February 23, 1991. The twenty-second amendment was made on November 20, 1991. The twenty-third amendment was made on June 13, 1992. The twenty-fourth amendment was made on December 9, 1992. The twenty-fifth amendment was made on May 19, 1993. The twenty-sixth amendment was made on May 27, 1994. The twenty-seventh amendment was made on May 15, 1995. The twenty-eighth amendment was made on May 27, 1996. The twenty-ninth amendment was made on May 8, 1997. The thirtieth amendment was made on May 6, 1998. The thirty-first amendment was made on May 18, 1999. The thirty-second amendment was made on April 29, 2000. The thirty-third amendment was made on April 24, 2001. The thirty-fourth amendment was made on May 28, 2002. The thirty-fifth amendment was made on May 28, 2003. The thirty-sixth amendment was made on June 15, 2006. The thirty-seventh amendment was made on June 10, 2009. The thirty-eighth amendment was made on June 25, 2010. The thirty-ninth amendment was made on June 6, 2012. The fortieth amendment was made on June 10, 2015. The forty-first amendment was made on June 8, 2016. The forty-second amendment was made on June 8, 2017. The forty-third amendment was made on June 12, 2018. The forty-fourth amendment was made on June 10, 2020. The forty-fifth amendment was made on June 9, 2022. The forty- sixth amendment was made on June 9, 2022.

Aurora Corporation Chairman: Hui-Hua Yuan

`【` Appendix II `】`

Aurora Corporation Rules of Procedure for Shareholders' Meetings

Article 1. Principle of Application of Rules
I. To establish a strong governance system and sound supervisory capabilities for Aurora's shareholders' meetings, and to strengthen management capabilities, the Rules are therefore adopted.
II. The rules of procedures for Aurora's shareholders' meetings, except as otherwise provided by law, regulation, or the Articles of Incorporation, shall be as provided in the Rules.
Article 2. Convening Shareholders' Meetings and Meeting Notices
I. Shareholders’ meetings of the Company shall be convened by the Board of Directors, unless otherwise provided by law. Unless otherwise provided in the Regulations Governing the Administration of Shareholder Services of Public Companies, the Company convening a shareholders’ meeting with videoconferencing shall expressly provide for such meetings in its Articles of Incorporation and obtain a resolution of its board of directors. Furthermore, convening of a virtual-only shareholders’ meeting shall require a resolution adopted by a majority vote at a meeting of the Board of Directors attended by at least two-thirds of the total number of directors. Any change of the means for convening of a shareholders’ meeting shall be resolved by the Board of Directors. The change shall be made at the latest prior to sending a letter of notification of shareholders’ meeting.
II. Aurora shall prepare electronic versions of the shareholders' meeting notice and proxy forms, and the origins of and explanatory materials relating to all proposals, and upload them to the Market Observation Post System (MOPS) at least 30 days before the date of an annual shareholders' meeting or at least 15 days before the date of an extraordinary shareholders' meeting. Aurora shall prepare electronic versions of the shareholders' meeting agenda and supplementary meeting materials and upload them to the MOPS at least 21 days before the date of an annual shareholders' meeting or at least 15 days before the date of an extraordinary shareholders' meeting. In addition, at least 15 days before the date of the shareholders' meeting, Aurora shall also have prepared the shareholders' meeting agenda and supplementary meeting materials and made them available for

review by shareholders at any time. The meeting agenda and supplementary materials shall also be displayed at Aurora and the professional shareholder services agent designated thereby as well as being distributed on site at the venue of the meeting.

III. The reasons for convening a shareholders' meeting shall be specified in the meeting notice and public announcement. With the consent of the addressee, the meeting notice may be given in electronic form.
IV. Election or dismissal of directors, amendments to the Articles of Incorporation, reduction of capital, application for the approval of ceasing Aurora's status as a public company, approval of competing with Aurora by directors, surplus profit distributed in the form of new shares, reserve distributed in the form of new shares, the dissolution, merger, or demerger of the corporation, or any matter stipulated in all subparagraphs of Paragraph 1 of Article 185 of the Company Act, Articles 26-1 and 43-6 of the Securities and Exchange Act, or Articles 56-1 and 60-2 of the Regulations Governing the Offering and Issuance of Securities by Securities Issuers, shall be set out and the essential contents explained in the notice of the reasons for convening the shareholders' meeting. None of the aforementioned matters may be raised by an extempore motion.
V. Where re-election of all directors as well as their inauguration date is stated in the notice of the reasons for convening the shareholders' meeting, after the completion of the re-election in said meeting, such inauguration date may not be altered by any extempore motion or otherwise in the same meeting.
Article 3. Submission and Handling of Proposals before Shareholders' Meeting
I. A shareholder holding one percent or more of the total number of issued shares may submit a written proposal for discussion to Aurora at an annual shareholders' meeting. The number of items so proposed, however, is limited to one only, and no proposal containing more than one item will be included in the meeting agenda. In addition, when the circumstances of any subparagraph of Paragraph 4 of Article 172-1 of the Company Act apply to a proposal put forward by a shareholder, the board of directors may exclude it from the agenda. A shareholder may submit a suggestive proposal which urge Aurora to promote the public interest or fulfill its social responsibilities. The said proposal shall be limited to one proposal in terms of the procedure in accordance with the Article 172-1 of the

Company Act. Any proposal in excess shall be excluded from the agenda.

II. Prior to the book closure date before an annual shareholders' meeting is held, Aurora shall publicly announce that it will receive shareholder proposals, in written or electronic method, and the location and time period for their submission; the period for submission of shareholder proposals may not be less than 10 days.
III. When the proposal of a shareholder is approved by the board of directors and that it is not involved in any following circumstances, it shall be listed in the meeting notice of the annual shareholders' meeting:
(I) Where the subject of the said proposal cannot be settled or resolved by a resolution to be adopted at a shareholders' meeting.
(II) Where the number of shares of held by shareholders making the said proposal is less than one percent of the total number of outstanding shares at the time when the share transfer registration is suspended for the annual shareholders' meeting.
(III) Where the said proposal is submitted on the day beyond the deadline fixed and announced in accordance with the provision of the preceding paragraph.
(IV) Where the said proposal submitted by the proposing shareholders exceeds one item, or more than 300 words (including punctuation), or is not submitted in writing.
IV. Prior to the date for issuance of notice of a shareholders' meeting, Aurora shall inform the shareholders who submitted proposals of the proposal screening results, and shall list the proposals that conform to the provisions of this article in the meeting notice. At the shareholders' meeting, the board of directors shall specify the reasons for excluding any shareholders' proposals from the meeting agenda.
V. Shareholders' proposals listed in the agenda in accordance with Paragraph 3 may be handled together if these proposals are of the same type.
VI. The shareholder making the proposal shall be present in person or by proxy at the annual shareholders' meeting and take part in the discussion of the proposal.

Article 4. Check-in of Shareholders

I. For each shareholders' meeting, a shareholder may appoint a proxy to attend the meeting by providing the proxy form issued by Aurora and stating the scope of the proxy's authorization.
II. A shareholder may issue only one proxy form and appoint only one proxy for any given shareholders' meeting, and shall deliver the proxy form to Aurora at least five days before the date of the shareholders' meeting. When duplicate proxy forms are delivered, the one received earliest shall prevail. However, a declaration made to cancel the previous proxy appointment is not subject to the aforementioned rule.
III. After a proxy form has been delivered to Aurora, if the shareholder intends to attend the meeting in person or to exercise voting rights by correspondence or electronically, a written notice of proxy cancellation shall be submitted to Aurora at least two business days before the meeting date. If the cancellation notice is submitted after that time, votes cast at the meeting by the proxy shall prevail.
IV. If, after a proxy form is delivered to Aurora, a shareholder wishes to attend the shareholders' meeting online, a written notice of proxy cancellation shall be submitted to Aurora two business days before the meeting date. If the cancellation notice is submitted after that time, votes cast at the meeting by the proxy shall prevail.
Article 5. Principles Determining the Time and Place of a Shareholders' Meeting
I. The venue for a shareholders' meeting shall be the premises of Aurora, or a place easily accessible to shareholders and suitable for a shareholders' meeting. The meeting may begin no earlier than 9:00 a.m. and no later than 3:00 p.m.
II. The restrictions on the place of the meeting shall not apply when Aurora convenes a virtual-only shareholders' meeting.
Article 6. Preparation of Documents Such as the Attendance Book
I. Aurora shall specify in its shareholders' meeting notices the time during which attendance registrations for shareholders, solicitors and proxies (collectively "shareholders") the place to register for attendance, and other matters for attention. If the shareholders' meeting is held by means of visual communication network, the method for shareholders to participate and exercise their rights shall be recorded. Except for the situations specified in Paragraph 6, Article 44-9 of the Regulations Governing the Administration of Shareholder Services of Public Companies, connection facilities and necessary assistance at the least shall be provided to

shareholders, and the period during which shareholders may apply to the Company and other relevant matters shall be specified. The time during which shareholder attendance registrations will be accepted shall be at least 30 minutes prior to the time the meeting commences. The place at which attendance registrations are accepted shall be clearly marked and a sufficient number of suitable personnel assigned to handle the registrations. For virtual shareholders meetings, shareholders may begin to register on the virtual meeting platform 30 minutes before the meeting starts. Shareholders completing registration will be deemed as attend the shareholders' meeting in person.

II. Shareholders and their proxies (collectively, "shareholders") shall attend shareholders' meetings based on attendance cards, sign-in cards, or other certificates of attendance. Aurora may not arbitrarily add requirements for other documents beyond those showing eligibility to attend presented by shareholders. Solicitors soliciting proxy forms shall also bring identification documents for verification.
III. Aurora shall furnish the attending shareholders with an attendance book to sign, or attending shareholders may hand in a sign-in card in lieu of signing in.
IV. Aurora shall furnish attending shareholders with the meeting agenda book, annual report, attendance card, speaker's slips, voting slips, and other meeting materials. Where there is an election of directors, pre-printed ballots shall also be furnished.
V. When the government or a juristic person is a shareholder, it may be represented by more than one representative at a shareholders' meeting. When a juristic person is appointed to attend as proxy, it may designate only one person to represent it in the meeting.
VI. In the event of a virtual shareholders' meeting, shareholders wishing to attend the meeting online shall register with Aurora two days before the meeting date.
VII. In the event of a virtual shareholders' meeting, Aurora shall upload the meeting handbook, annual report and other meeting materials to the virtual meeting platform at least 30 minutes before the meeting starts, and keep this information disclosed until the end of the meeting.
Article 7. The Chair and Non-Voting Participants of a Shareholders' Meeting
I. If a shareholders' meeting is convened by the board of directors, the

meeting shall be chaired by the chairman of the board. When the chairman of the board is on leave or for any reason unable to exercise the powers of the chairman, one of the directors shall be appointed to act as chair. Where the chairman does not make such a designation, the directors shall select one person from among themselves to serve as the chair.

II. If a shareholders' meeting is convened by a party with power to convene but other than the board of directors, the convening party shall chair the meeting. When there are two or more such convening parties, they shall mutually select a chair from among themselves.
III. Aurora may appoint its attorneys, certified public accountants, or related persons retained by it to attend a shareholders' meeting in a non-voting capacity.
Article 8. Documentation of a Shareholders' Meeting by Audio or Video
I. Aurora shall make an uninterrupted audio and video recording of the entire proceedings of the shareholders meeting, and the recorded materials shall be retained for at least one year. If, however, a shareholder files a lawsuit pursuant to Article 189 of the Company Act, the ballots shall be retained until the conclusion of the litigation.
II. Where a shareholders' meeting is held online, Aurora shall keep records of shareholder registration, sign-in, check-in, questions raised, votes cast and results of votes counted by Aurora, and continuously audio and video record, without interruption, the proceedings of the virtual meeting from beginning to end.
III. The information and audio and video recording in the preceding paragraph shall be properly kept by Aurora during the entirety of its existence, and copies of the audio and video recording shall be provided to and kept by the party appointed to handle matters of the virtual meeting.
Article 9. Calculation of the Number of Shares and Calling the Meeting to Order
I. Attendance at shareholders' meetings shall be calculated based on numbers of shares. The number of shares in attendance shall be calculated according to the shares indicated by the attendance book and sign-in cards handed in and the shares checked in on the virtual meeting platform, plus the number of shares whose voting rights are exercised by correspondence or electronically.
II. The chair shall call the meeting to order at the appointed meeting time. However, when the attending shareholders do not represent a

majority of the total number of issued shares, the chair may announce a postponement, provided that no more than two such postponements, for a combined total of no more than one hour, may be made. If the quorum is not met after two postponements and the attending shareholders still represent less than one third of the total number of issued shares, the chair shall declare the meeting adjourned; in the event of a virtual shareholders' meeting, Aurora shall also declare the meeting adjourned at the virtual meeting platform.

III. If the quorum is not met after two postponements as referred to in the preceding paragraph, but the attending shareholders represent one third or more of the total number of issued shares, a tentative resolution may be adopted pursuant to Paragraph 1 of Article 175 of the Company Act; all shareholders shall be notified of the tentative resolution and another shareholders' meeting shall be convened within one month. In the event of a virtual shareholders' meeting, shareholders intending to attend the meeting online shall re-register to Aurora in accordance with Article 6.
IV. When, prior to conclusion of the meeting, the attending shareholders represent a majority of the total number of issued shares, the chair may resubmit the tentative resolution for a vote by the shareholders' meeting pursuant to Article 174 of the Company Act.
Article 10. Discussion of Proposals
I. If a shareholders' meeting is convened by the board of directors, the meeting agenda shall be set by the board of directors. Votes shall be cast on each separate proposal in the agenda (including extempore motions and amendments to the original proposals set out in the agenda). The meeting shall proceed in the order set by the agenda, which may not be changed without a resolution of the shareholders' meeting.
II. The provisions of the preceding paragraph apply mutatis mutandis to a shareholders' meeting convened by a party with the power to convene that is not the board of directors.
III. The chair may not declare the meeting adjourned prior to completion of deliberation on the meeting agenda of the preceding two paragraphs (including extempore motions), except by a resolution of the shareholders' meeting. If the chair declares the meeting adjourned in violation of the rules of procedure, the other members of the board of directors shall promptly assist the attending

shareholders in electing a new chair in accordance with statutory procedures, by agreement of a majority of the votes represented by the attending shareholders, and then continue the meeting.

IV. The chair shall allow ample opportunity during the meeting for explanation and discussion of proposals and of amendments or extempore motions put forward by the shareholders; when the chair is of the opinion that a proposal has been discussed sufficiently to put it to a vote, the chair may announce the discussion closed, call for a vote, and schedule sufficient time for voting.

Article 11. Shareholder's Speech

I. Before speaking, an attending shareholder must specify on a speaker's slip the subject of the speech, his/her shareholder account number (or attendance card number), and account name. The order in which shareholders speak will be set by the chair.
II. A shareholder in attendance who has submitted a speaker's slip but does not actually speak shall be deemed to have not spoken. When the content of the speech does not correspond to the subject given on the speaker's slip, the spoken content shall prevail.
III. Except with the consent of the chair, a shareholder may not speak more than twice on the same proposal, and a single speech may not exceed 5 minutes. If the shareholder's speech violates the rules or exceeds the scope of the agenda item, the chair may terminate the speech.
IV. When an attending shareholder is speaking, other shareholders may not speak or interrupt unless they have sought and obtained the consent of the chair and the shareholder who has the floor; the chair shall stop any violation.
V. When a juristic person shareholder appoints two or more representatives to attend a shareholders' meeting, only one of the representatives so appointed may speak on the same proposal.
VI. After an attending shareholder has spoken, the chair may respond in person or direct relevant personnel to respond.
VII.Where a virtual shareholders' meeting is convened, shareholders attending the virtual meeting online may raise questions in writing at the virtual meeting platform from the chair declaring the meeting open until the chair declaring the meeting adjourned. No more than two questions for the same proposal may be raised. Each question shall contain no more than 200 words. The regulations in paragraphs 1 to 5 do not apply.

VIII. As long as questions so raised in accordance with the preceding paragraph are not in violation of the regulations or beyond the scope of a proposal, it is advisable the questions be disclosed to the public at the virtual meeting platform.
Article 12. Calculation of Voting Shares and Recusal System
I. Voting at a shareholders' meeting shall be calculated based the number of shares.
II. With respect to resolutions of shareholders' meetings, the number of shares held by a shareholder with no voting rights shall not be calculated as part of the total number of issued shares.
III. When a shareholder is an interested party in relation to an agenda item, and there is the likelihood that such a relationship would prejudice the interests of Aurora, that shareholder may not vote on that item, and may not exercise voting rights as proxy for any other shareholder.
IV. The number of shares for which voting rights may not be exercised under the preceding paragraph shall not be calculated as part of the voting rights represented by attending shareholders.
V. With the exception of a trust enterprise or a shareholder services agent approved by the competent securities authority, when one person is concurrently appointed as proxy by two or more shareholders, the voting rights represented by that proxy may not exceed three percent of the voting rights represented by the total number of issued shares. If that percentage is exceeded, the voting rights in excess of that percentage shall not be included in the calculation.
Article 13. Voting on Agenda Items
I. A shareholder shall be entitled to one vote for each share held, except when the shares are restricted shares or are deemed to be non-voting shares pursuant to Paragraph 2 of Article 179 of the Company Act.
II. When Aurora holds a shareholders' meeting, it shall adopt exercise of voting rights by electronic means and may adopt exercise of voting rights by correspondence. When voting rights are exercised by correspondence or electronic means, the method of exercise shall be specified in the shareholders meeting notice. A shareholder exercising voting rights by correspondence or electronic means will be deemed to have attended the meeting in person. However, with respect to the extempore motions and revisions to the original

proposals of that meeting, the said shareholder will be considered to have waived his/her rights. Aurora is therefore advised to avoid submission of extempore motions and revision to the original proposals.

III. A shareholder intending to exercise voting rights by correspondence or electronic means under the preceding paragraph shall deliver a written declaration of intent to Aurora at least two days before the date of the shareholders' meeting. When duplicate declarations of intent are delivered, the one received earliest shall prevail. However, when a declaration is made to cancel an earlier declaration of intent is not subject to the limits.
IV. After a shareholder has exercised voting rights by correspondence or electronic means, in the event the shareholder intends to attend the shareholders meeting in person or online, a written declaration of intent to retract the voting rights already exercised under the preceding paragraph shall be made known to Aurora, by the same means by which the voting rights were exercised, at least two business days before the date of the shareholders' meeting. If the notice of retraction is submitted after that time, the voting rights already exercised by correspondence or electronic means shall prevail. When a shareholder has exercised voting rights both by correspondence or electronic means and by appointing a proxy to attend a shareholders meeting, the voting rights exercised by the proxy in the meeting shall prevail.
V. Except as otherwise provided in the Company Act and in Aurora's Articles of Incorporation, the adoption of a proposal shall require an affirmative vote of a majority of the voting rights represented by the attending shareholders. At the time of a vote, for each proposal, the chair or a person designated by the chair shall first announce the total number of voting rights represented by the attending shareholders, followed by a poll of the shareholders. After the conclusion of the meeting, on the same day it is held, the results for each proposal, based on the numbers of votes for and against and the number of abstentions, shall be entered into the MOPS.
VI. When there is an amendment or an alternative to a proposal, the chair shall present the amended or alternative proposal together with the original proposal and decide the order in which they will be put to a vote. When any one among them is passed, the other proposals will then be deemed rejected, and no further voting shall be required.
VII.Vote monitoring and counting personnel for the voting on a proposal

shall be appointed by the chair, provided that all monitoring personnel shall be shareholders of Aurora.

VIII.Vote counting for shareholders meeting proposals or elections shall be conducted in public at the place of the shareholders' meeting. Immediately after vote counting has been completed, the results of the voting, including the statistical tallies of the numbers of votes, shall be announced on site at the meeting, and a record made of the vote.
IX. In the event of a virtual shareholders' meeting, votes shall be counted at once after the chair announces the voting session ends, and results of votes and elections shall be announced immediately.
X. When Aurora convenes a hybrid shareholders' meeting, if shareholders who have registered to attend the meeting online in accordance with Article 6 decide to attend the physical shareholders' meeting in person, they shall revoke their registration two days before the shareholders' meeting in the same manner as they registered. If their registration is not revoked within the time limit, they may only attend the shareholders' meeting online.
XI. When shareholders exercise voting rights by correspondence or electronic means, unless they have withdrawn the declaration of intent and attended the shareholders' meeting online, except for extempore motions, they will not exercise voting rights on the original proposals or make any amendments to the original proposals or exercise voting rights on amendments to the original proposal.
Article 14. Election Matters
I. The election of directors at a shareholders' meeting shall be held in accordance with the applicable election and appointment rules adopted by Aurora, and the voting results shall be announced on site immediately, including the names of those elected as directors and the numbers of votes with which they were elected.
II. The ballots for the election referred to in the preceding paragraph shall be sealed with the signatures of the monitoring personnel and kept in proper custody for at least one year. If, however, a shareholder files a lawsuit pursuant to Article 189 of the Company Act, the ballots shall be retained until the conclusion of the litigation.

Article 15. Meeting Minutes and Signatures

I. Matters relating to the resolutions of a shareholders' meeting shall

be recorded in the meeting minutes. The meeting minutes shall be signed or sealed by the chair of the meeting and a copy distributed to each shareholder within 20 days after the conclusion of the meeting. The meeting minutes may be produced and distributed in electronic form.

II. Aurora may distribute the meeting minutes of the preceding paragraph by means of a public announcement made through the MOPS.
III. The meeting minutes shall accurately record the year, month, day, and place of the meeting, the chair's full name, the methods by which resolutions were adopted, and a summary of the deliberations and their voting results (including the number of voting rights), and disclose the number of voting rights won by each candidate in the event of an election of directors. The minutes shall be retained for the duration of the existence of Aurora.
IV. Where a virtual shareholders' meeting is convened, in addition to the particulars to be included in the meeting minutes as described in the preceding paragraph, the start time and end time of the shareholders' meeting, how the meeting is convened, the chair's and secretary's name, alternative measures available to shareholders with difficulties in attending a virtual-only shareholders' meeting online, and actions to be taken in the event of disruption to the virtual meeting platform or participation in the meeting online due to force majeure events, and how issues are dealt with shall also be included in the minutes.

Article 16. Public Disclosure

I. On the day of a shareholders' meeting, Aurora shall compile in the prescribed format a statistical statement of the number of shares obtained by solicitors through solicitation, the number of shares represented by proxies and the number of shares represented by shareholders attending the meeting by correspondence or electronic means, and shall make an express disclosure of the same at the place of the shareholders' meeting. In the event a virtual shareholders' meeting, Aurora shall upload the above meeting materials to the virtual meeting platform at least 30 minutes before the meeting starts, and keep this information disclosed until the end of the meeting. During Aurora's virtual shareholders' meeting, when the meeting is called to order, the total number of shares represented at the meeting shall be disclosed on the virtual meeting platform. The

same shall apply whenever the total number of shares represented at the meeting is released during the meeting.

II. If matters put to a resolution at a shareholders' meeting constitute material information under applicable laws or regulations or under Taiwan Stock Exchange Corporation regulations, Aurora shall upload the content of such resolution to the MOPS within the prescribed time period.
Article 17. Maintaining Order at the Meeting Venue
I. Staff handling administrative affairs of a shareholders' meeting shall wear identification cards or arm bands.
II. The chair may direct the proctors or security personnel to help maintain order at the meeting venue. When proctors or security personnel help maintain order at the meeting venue, they shall wear an identification card or armband bearing the word "Proctor."
III. At the venue of a shareholders' meeting, if a shareholder attempts to speak through any device other than the public address equipment set up by Aurora, the chair may prevent the shareholder from so doing.
IV. When a shareholder violates the rules of procedure and defies the chair's correction, obstructing the proceedings and refusing to heed calls to stop, the chair may direct the proctors or security personnel to escort the shareholder from the venue.
Article 18. Recess and Resumption of a Shareholders' Meeting
I. When a meeting is in progress, the chair may announce a break based on time considerations. If a force majeure event occurs, the chair may rule the meeting temporarily suspended and announce a time when, in view of the circumstances, the meeting will be resumed.
II. If the meeting venue is no longer available for continued use and not all of the items (including extempore motions) on the meeting agenda have been addressed, the shareholders' meeting may adopt a resolution to resume the meeting at another venue.
III. A resolution may be adopted at a shareholders' meeting to defer or resume the meeting within five days in accordance with Article 182 of the Company Act.
Article 19. Disclosure of information at virtual meetings

In the event of a virtual shareholders' meeting, Aurora shall disclose real-time results of votes and election immediately after the end of the voting session on the virtual meeting platform according to the regulations, and this disclosure shall continue at least 15 minutes after the chair has announced the meeting adjourned.

Article 20. Location of the chair and secretary of virtual-only shareholders meeting When Aurora convenes a virtual-only shareholders' meeting, both the chair and secretary shall be in the same location, and the chair shall declare the address of their location when the meeting is called to order.
Article 21. Handling of communication obstruction and shareholders impacted by digital divide
I. In the event of a virtual shareholders' meeting, Aurora may offer a simple connection test to shareholders prior to the meeting, and provide relevant real-time services before and during the meeting to help resolve communication technical issues.
II. In the event of a virtual shareholders' meeting, when declaring the meeting open, the chair shall also declare, unless under a circumstance where a meeting is not required to be postponed to or resumed at another time under Article 44-20 of the Regulations Governing the Administration of Shareholder Services of Public Companies, if the virtual meeting platform or participation in the virtual meeting is obstructed due to force majeure events before the chair has announced the meeting adjourned, and the obstruction continues for more than 30 minutes, the meeting shall be postponed to or resumed on another date, in which case Article 182 of the Company Act shall not apply.
III. During a postponed or resumed session of a shareholders' meeting held under the preceding paragraph, no further discussion or resolution is required for proposals for which votes have been cast and counted and results have been announced, or list of elected directors and supervisors.
IV. When postponing or resuming a meeting according to the second paragraph, Aurora shall handle the preparatory work based on the date of the original shareholders' meeting in accordance with the requirements listed under Article 44-20, paragraph 4 of the Regulations Governing the Administration of Shareholder Services of Public Companies, and shareholders who are listed on the register of shareholders whose transfer of books was originally scheduled to be closed are entitled to attend the shareholders' meeting.

V. For dates or period set forth under Article 12, second half, and Article 13, paragraph 3 of Regulations Governing the Use of Proxies for Attendance at Shareholder Meetings of Public Companies, and Article 44-5, paragraph 2, Article 44-15, and Article 44-17, paragraph 1 of the Regulations Governing the Administration of Shareholder Services of Public Companies, Aurora shall handle the matter based on the date of the shareholders' meeting that is postponed or resumed under the second paragraph.
VI. When Aurora convenes a hybrid shareholders' meeting, and the virtual meeting cannot continue as described in second paragraph, if the total number of shares represented at the meeting, after deducting those represented by shareholders attending the virtual shareholders' meeting online, still meets the minimum legal requirement for adopting resolutions in a shareholders' meeting, then the shareholders' meeting shall continue, and not postponement or resumption thereof under the second paragraph is required.
VII.When convening a virtual-only shareholders’ meeting, the Company shall provide appropriate alternative measures available to shareholders with difficulties in attending a virtual shareholders’ meeting online. Except for the situations specified in Paragraph 6, Article 44-9 of the Regulations Governing the Administration of Shareholder Services of Public Companies, connection facilities and necessary assistance at the least shall be provided to shareholders, and the period during which shareholders may apply to the Company and other relevant matters shall be specified.
Article 22. Implementation
The Rules shall be implemented after having been approved by a shareholders' meeting. Subsequent amendments thereto shall be effected in the same manner.
The Rules were established on June 8, 2016.
The first amendment was made on June 8, 2017.
The second amendment was made on June 10, 2020.
The third amendment was made on July 15, 2021.
The fourth amendment was made on June 9, 2022.
The fifth amendment was made on June 19, 2024.

`【` Appendix III `】`

Aurora Corporation Director Election Regulations

Article 1 Purpose

The Regulations are established to ensure a just, fair, and open election of directors.

Article 2 Principles

Unless otherwise provided by laws or the Articles of Incorporation, the election of the Company’s directors shall be conducted in accordance with these Regulations.

Article 3 Election of Directors

I. The election of the Company’s directors shall be conducted in consideration of the overall composition of the Board of Directors. The composition of the Board of Directors shall be determined in consideration of the diversity and based on the basic qualifications, values, and professional knowledge and skills.
II. All members of the Board shall possess the knowledge, skills, and competence necessary to perform their duties, such as operational judgment, accounting and financial analysis, business administration, crisis management, industry knowledge, international market perspective, leadership and decision-making capabilities.
III. More than half of the directors shall be persons who have neither a spousal relationship with each other nor a relationship within the second degree of kinship with any other directors.

Article 4 Election of Independent Directors

The qualifications and election of the Company’s independent directors shall comply with the provisions of the “Regulations Governing Appointment of Independent Directors and Compliance Matters for Public Companies” and shall be subject to the “Corporate Governance Best-Practice Principles for TWSE/TPEx Listed Companies.”

Article 5 Nomination and By-election

I. The election of the directors shall be conducted under the candidate nomination system. No additional documents proving other qualifications may be added for the review of the qualifications, educational backgrounds and experiences of the director candidates

and whether none of the circumstances under Article 30 of the Company Act are applicable. The results of the review shall be provided to the shareholders for reference.

II. When the number of directors falls below seven due to dismissal of directors for any reasons, the company shall hold a director byelection at the next shareholders’ meeting to fill the vacancy. When the number of directors falls short by one-third of the total number prescribed by the Articles of Incorporation, the Company shall convene a special shareholders’ meeting within 60 days of the occurrence of that fact to hold a director by-election.
III. If the number of independent directors falls below that required under the proviso of Paragraph 1, Article 14-2 of the Securities and Exchange Act and relevant provisions of the Taiwan Stock Exchange Corporation Rules Governing Review of Securities Listings, a by-election shall be held at the most recent shareholders’ meeting to fill the vacancy. If all the independent directors are dismissed, a special shareholders’ meeting shall be called within 60 days from the date on which the fact occurred to hold a by-election to fill the vacancy.

Article 6 Method of Voting

The directors of the Company shall be elected under the cumulative voting system. Each share is entitled to the same number of votes as the number of directors to be elected. These votes may be cast for a single candidate or allocated separately to elect multiple candidates. Independent directors and non-independent directors shall be elected at the same time, and the number of elected directors shall be calculated separately.

Article 7 Ballot

The Board of Directors shall prepare separate ballots for directors in numbers corresponding to the directors to be elected. The number of voting rights associated with each ballot shall be specified on the ballots, which shall then be distributed to the attending shareholders at the shareholders’ meeting. Attendance card numbers printed on the ballots may be used instead of recording the names of voting shareholders.

Article 8 Vote Counting Principles

The number of directors shall be as specified in the Articles of Incorporation, with voting rights separately calculated for independent and non-independent director positions. Those receiving ballots representing the highest numbers of voting rights shall be elected

sequentially according to their respective numbers of votes. When two or more persons receive the same number of votes, thereby exceeding the specified number of positions, they shall draw lots to determine the winner, with the chair drawing lots on behalf of any person not in attendance.

Article 9 Vote Monitoring and Checking

Before the election begins, the chair shall appoint a number of persons with shareholder status to perform the respective duties of vote monitoring and counting personnel. The ballot boxes shall be prepared by the Board of Directors and publicly checked by the vote monitoring personnel before voting commences.

Article 10 Filling Out the Ballot

If the candidate is a shareholder, the elector shall state the candidate’s name and shareholder account number in the candidate account name column on the ballot. If the candidate is not a shareholder, the name and identity document number of the candidate shall be detailed. However, if the candidate is a government or institutional shareholder, the name/title of the government or institutional shareholder shall be provided in the candidate account name column on the ballot. The name of the representative of the government or institutional shareholder may be provided; if there is more than one representative, the names of these representatives shall be provided.

Article 11 Invalid Ballots

A ballot is invalid in any of the following circumstances:

The ballot is not prepared by a person with the right to convene.
A blank ballot is placed in the ballot box.
The writing is unclear and indecipherable or has been altered.
The candidate whose name is entered in the ballot does not conform to the director candidate list.
Other words or marks are entered in addition to the number of voting rights allotted.

Article 12 Calculation of Voting Rights

I. The voting rights shall be calculated on site immediately after the end of the poll, and the results of the calculation, including the list of persons elected as independent directors and non-independent directors and the numbers of votes with which they were elected, shall be announced by the chair or his/her designated person on the

site.

II. The ballots for the election referred to in the preceding paragraph shall be sealed with the signatures of the monitoring personnel and kept in proper custody for at least one year. If, however, a shareholder files a lawsuit pursuant to Article 189 of the Company Act, the ballots shall be retained until the conclusion of the litigation.

Article 13 Implementation

These Regulations and any amendments hereto shall take effect upon

approval at a Shareholders’ Meeting.

The Regulations were established on June 8, 2016.

The first amendment was made on June 8, 2017. The second amendment was made on June 10, 2020. The third amendment was made on July 15, 2021.

`【` Appendix IV `】`

Aurora Corporation

Current Shareholding of Directors

I. The amount of statutory number of shares held by the current members of the 12th board directors of Aurora Corporation is as follows: Number of common shares issued by Aurora 236,202,518 shares Statutory number of shares held by all directors 12,000,000 shares
II. The shareholding status of the individual and all directors as recorded in the shareholders' meeting on the book closure date of this shareholders' meeting is as follows:

Record date: April 21, 2025

Unit: Shares

Title	Name	Number of shares held recorded in shareholders register on book closure date	Remark
Chairman	Hui-Hua Yuan	1,203,000
Director	Yung-Tai Chen	21,834,000
Director	Hau-Min Rai	101,856,312	Representative of Aurora Holdings Incorporated
Director	Chih-Hsien Ma	23,000
Independent Director	Kuo-Jung Liao	0
Independent Director	Yueh-Jiuan Hwa	0
Independent Director	Wen-Chung Hsu	0
Total shares held by all directors: 124,896,312 shares Percentage of shareholding: 52.89%

Note:

As of April 21, 2025, the total number of outstanding shares of Aurora is 236,202,518 shares.
Aurora has established an Audit Committee. Therefore, the statutory shareholding for supervisors is not applicable.

AI assistant

Aurora — Annual Report 2024

52038_rns_2025-06-27_a97c0f04-14bd-43fa-bc5a-1b93acd3ee4b.pdf

Aurora Corporation

(Translation)

Table of Contents

Aurora Corporation

Procedure for the 2025 General Shareholders' Meeting

【Announcements】

I. 2024 Business Report

Aurora Corporation

2024 Business Report

I. 2024 business results

(I) Actual operating results

(II) Review of business performance

II. 2025 business plan overview and future development strategy

(II) Main business development strategy

III. Conclusion

【 Announcements 】

Audit Committee's Review Report

【 Announcements 】

III. Distribution of Employees' Compensation of 2024

【 Announcements 】

【 Proposed Resolutions 】

[Proposal 1]

Independent Auditors' Report

To Aurora Corporation:

Opinions

Basis for Opinions

Key Audit Matters

Sales revenue and sales revenue of key subsidiaries accounted for using the equity method.

Responsibilities of Management and Those Charged with Governance for the Parent Company Only Financial Statements

Auditors' Responsibilities for the Audit of the Parent Company Only Financial Statements

Aurora Corporation Parent Company Only Balance Sheets December 31, 2024 and 2023 (In Thousands of New Taiwan Dollars)

Aurora Corporation

Parent Company Only Statements of Comprehensive Income For the Years Ended December 31, 2024 and 2023

(Continued from the previous page)

Aurora Corporation

Parent Company Only Statements of Changes in Equity For the Years Ended December 31, 2024 and 2023

Aurora Corporation

Parent Company Only Statements of Cash Flows For the Years Ended December 31, 2024 and 2023 (In Thousands of New Taiwan Dollars)

(Continued from the previous page)

Independent Auditors' Report

To Aurora Corporation:

Opinions

Basis for Opinions

Key Audit Matters

Sales revenue

Other Matters

Responsibilities of Management and Those Charged with Governance for the Consolidated Financial Statements

Auditors' Responsibilities for the Audit of the Consolidated Financial Statements

Aurora Corporation and Subsidiaries

Consolidated Statements of Comprehensive Income For the Years Ended December 31, 2024 and 2023

(Continued from the previous page)

(Continued from the previous page)

Aurora Corporation and Subsidiaries Consolidated Statements of Changes in Equity For the Years Ended December 31, 2024 and 2023 (In Thousands of New Taiwan Dollars)

Aurora Corporation and Subsidiaries Consolidated Statements of Cash Flows For the Years Ended December 31, 2024 and 2023 (In Thousands of New Taiwan Dollars)

(Continued from the previous page)

【Proposed Resolutions】

Explanatory Notes:

Aurora Corporation Earnings Distribution Table

2024

Notes:

【Proposed Resolutions】

Proposal 3

(III)The comparison table of the amended provisions is as follows:

【Election Matters】

Explanatory Notes:

【Other Proposals】

Explanatory Notes:

【Extempore Motions】

【 Appendix I 】

Articles of Incorporation of Aurora Corporation

Chapter 1 General Principles

Chapter 2 Shareholding

Chapter 4 Directors and the Audit Committee

Chapter 5 Corporate Bonds

Chapter 6 General Manager:

Chapter 7 Accounting

Chapter 8 Miscellaneous

Aurora Annual Report 2024

`【` Announcements `】`

`【` Announcements `】`

`【` Announcements `】`

`【` Proposed Resolutions `】`

`【` Appendix I `】`

`【` Appendix II `】`

`【` Appendix III `】`

`【` Appendix IV `】`