AWEA - AGM Information 2025 | FinancialReports.eu

2025 Annual Shareholders’ Meeting Minutes of AWEA Mechantronic Co., Ltd.

Time: 9:00 a.m. on May 27, 2025 (Tuesday)

Location: No. 15, Keyuan 2nd Rd., Xitun Dist., Taichung City (AWEA Taichung Branch)

Participants: The total number of shares represented by the present shareholders and entrusted agents amounted to 70,307,880 shares (including 70,283,651 shares of electronic voting), which accounted for 72.78% of the total number of 96,594,171 shares issued by the Company, exceeding the statutory number of shares. The Annual Shareholders’ Meeting was attended by 10 directors personally, including Chairman De-Hua Yang, Director Cheng-Xuan Wang, Director Kun-Nan Zhuang, Director Cheng-Jun Yang, Director Shang-Ru Yang (Convener of the Sustainable Development Committee), Director Qing-Feng Yang, Independent Director Xi-Peng Hong, Independent Director Zheng-Yong Huang (Convener of the Remuneration Committee), Independent Director Li-Ying Luo (Convener of the Audit Committee), and Independent Director Yu-Ren Su, which exceeded half of the directors (10).

Non-voting participants: CPA Guei-Duan Chen, EnWise CPAs & Co.

Chairperson: Chairman De-Hua Yang Clerk: Mei-Fang, Liang

Chairperson Calls the Meeting to Order: (When the number of shares present has reached the statutory amount, and the Chairperson calls the meeting to order according to law)
Chairperson Remarks: (omitted)
Contents of Reports:
(1) 2024 Business Report (see the Attachment for details), for your understanding.
(2) 2024 Audit Committee’s Audit Report (see the Attachment for details), for your understanding.
(3) Report on investment status in Mainland China (see the Attachment for details), for your understanding.
(4) Report on the distribution of 2024 employees’ and directors’ remuneration (see the Attachment for details), for your understanding.
(5) Report on loaning of funds (see the Attachment for details), for your understanding.
(6) Report on Directors’ remuneration 2024 (see the Attachment for details), for your understanding.
(7) Report on the Implementation Status of Related-Party Transactions 2024 (see the Attachment

for details), for your understanding.

(8) Report on formulating the Company’s “Ethical Corporate Management Operating Procedures and Behavior Guidelines” (see the Attachment for details), for your understanding.
Issues Posed for Acknowledgement:

Proposal 1 (Proposed by the Board of Directors)

Subject: The Company’s 2024 business report and financial statement. The motion is posted for acknowledgment.

Description:

(1) Business Report, Balance Sheet, Statements of Comprehensive Income, Statements of Cash Flows, Statement of Changes in Equity (see the Attachment for details).
(2) The Financial Statements for 2024 have been audited and endorsed by the Certified Public Accountants Guei-Duan Chen and Chang-Yun Yi of EnWise CPAs & Co., and have been submitted to the Audit Committee for audit together with the Business Report, therefore, the above Financial Statements and Business Report are hereby submitted for acknowledgment.

No shareholder raised a question on this proposal.

Resolution: Voting results of this proposal were as follows:

Number of votes of the present shareholders at the time of voting: 70,307,880 votes

Voting result	Proportion (%) in number of votes of the present shareholders at the time of voting
Affirmative votes: 69,935,399 votes (including69,911,170 electronic votes)	99.47%
Dissenting votes: 48,436 votes (including48,436 electronic votes)	0.06%
Invalid votes: 0 votes	0.00%
Abstention and un-voted votes: 324,045 votes (including324,045 electronic votes)	0.46%

Upon resolution by the present shareholders through voting, this proposal was passed as proposed.

Proposal 2 (Proposed by the Board of Directors) Subject: Proposal for distribution of 2024 earnings is submitted for acknowledgment. Description:

(1) The Company’s Statement of Earnings Distribution 2024 (see the Attachment for details).
(2) Dividends of shareholders: cash dividend per share was NTD 1.5; After being approved at the annual shareholders’ meeting, the Chairman is authorized to set another base date of ex-dividend payment for distribution.
(3) The cash dividend shall be calculated according to the distribution ratio until the total amount of the cash dividend is integral NTD, the decimals shall be omitted, and the total amount of odd dividends less than NTD 1 shall be adjusted from the decimal point from big to small and the account number from front to back, until meeting the total distribution amount of cash dividend.
(4) In the event of a subsequent change in the share capital of the Company, affecting the number of outstanding shares and resulting in a change in the dividend rate to shareholders, it is proposed that the annual shareholders’ meeting should authorize the Chairman to deal with the matter at his sole discretion.

No shareholder raised a question on this proposal.

Resolution: Voting results of this proposal were as follows:

Number of votes of the present shareholders at the time of voting: 70,307,880 votes

Voting result	Proportion (%) in number of votes of the present shareholders at the time of voting
Affirmative votes: 69,933,521 votes (including69,909,292 electronic votes)	99.64%
Dissenting votes: 46,418 votes (including46,418 electronic votes)	0.06%
Invalid votes: 0 votes	0.00%
Abstention and un-voted votes: 327,941 votes (including327,941 electronic votes)	0.46%

Upon resolution by the present shareholders through voting, this proposal was passed as proposed.

Matter for Discussion:

(Proposed by the Board of Directors)

Subject: Proposal for making amendment to the Company’s Articles of Incorporation. The motion is posted for discussion.

Description:

(1) According to the Financial Supervisory Commission’s amendment Jin-Guan-Zheng-Fa-Zi No. 1130385442 issued on November 8, 2024, the Company stipulated in the Articles of Incorporation that a certain percentage of annual earning shall be allocated to adjust the salaries or distribute remuneration to grassroots employees.
(2) The comparison of the “Articles of Incorporation” before and after amendment is as follows.

	as follows.
	After amendment	Original article	Description:
	Article 27-1. Remuneration to employees and directors: If the Company has profit in the year (the so-called profit refers to the profit before tax, and before deduction of employees’ remuneration and directors’ remuneration), it shall set aside 3%-8% of the profit as employees’ remuneration(of which the remuneration for grassroots employees shall be not less than 50%),and set aside no more than 2% as directors’ remuneration. The Company may distribute the above remuneration to employees of its subsidiaries who meet certain criteria, and the terms and methods of distribution shall be determined by the Board of Directors. However, if the Company has accumulated deficit, an amount to cover such deficit shall be reserved in advance. (Omitted below)	Article 27-1. Remuneration to employees and directors: If the Company has profit in the year (the so-called profit refers to the profit before tax, and before deduction of employees’ remuneration and directors’ remuneration), it shall set aside 3%-8% of the profit as employees’ remuneration, and set aside no more than 2% as directors’ remuneration. The Company may distribute the above remuneration to employees of its subsidiaries who meet certain criteria, and the terms and methods of distribution shall be determined by the Board of Directors. However, if the Company has accumulated deficit, an amount to cover such deficit shall be reserved in advance. (Omitted below)	Handled in accordance with Article 14, Paragraph 6 of the Securities and Exchange Act.

	After amendment	Original article	Description:
	Article 32: These Articles of Incorporation was formulated on June 4, 1986.... The 22nd amendment was made on June 7, 2023.The 23rd amendment was made on May 27, 2025.	Article 32: These Articles of Incorporation was formulated on June 4, 1986.... The 22nd amendment was made on June 7, 2023.	Add the amendment dates and times

No shareholder raised a question on this proposal.

Resolution: Voting results of this proposal were as follows:

Number of votes of the present shareholders at the time of voting: 70,307,880 votes

Voting result	Proportion (%) in number of votes of the present shareholders at the time of voting
Affirmative votes: 69,933,094 votes (including69,908,865 electronic votes)	99.46%
Dissenting votes: 47,470 votes (including47,470 electronic votes)	0.06%
Invalid votes: 0 votes	0.00%
Abstention and un-voted votes: 327,316 votes (including327,316 electronic votes)	0.46%

Upon resolution by the present shareholders through voting, this proposal was passed as proposed.

6. Questions and Motions:

The Chairperson instructed the host to report on the implementation status of the Company's treasury stock buyback.

Ninth Report: Report on the implementation status of the Company’s treasury stock buyback. Description:

(1) In accordance with Article 28-2, Paragraph 7 of the Securities and Exchange Act, the Company shall report the resolution of the Board of Directors on stock buyback and the implementation status at the most recent shareholders’ meeting. However, since the report is not within the scope of Article 172, Paragraph 5 of the Company Act and Article 26-1 of the Securities and Exchange Act, the Company may submit the report by way of provisional motion.

(2) The implementation status of the Company’s treasury stock buyback is recorded as of May 26, 2025.

(2) The implementation status as of May26,2025.	of the Company’s treasury stock buyback is recorded
Buyback stage	Third
Resolution Date of the Board of Directors	2025.04.17
Purpose of buyback	To protect the Company’s credit and shareholders’ equity,the shares are bought back and canceled
Scheduledperiod of buyback	2025.04.18 - 2025.06.16
Scheduled number of shares to be bought back	2,000,000 shares
Buyback price range	NTD 20-46 per share, provided that the buyback will continue if the Company’s share price falls below the lower limit of the buybackprice range.
Type and number of shares bought back	1,209,000 ordinary shares
Amount/ average price of shares bought back	NTD 37,999,632/ NTD 31.43
Ratio of the number of shares bought back to the number of shares scheduled to be bought back(%)	60.45%
Implementation status	Theplan is still beingimplemented

After consultation by the Chairperson with all present shareholders no provisional motion was proposed.

Adjournment: At 9:28 am on the same day, the Chairperson announced the meeting closed, which was approved by all shareholders present without objection.

There were no questions from shareholders at the shareholders’ meeting.

Chairperson: De-Hua Yang

Clerk: Mei-Fang, Liang

[Contents of Reports]

1. 2024 Business Report.

To all shareholders concerned:

Thank you to all you shareholders for taking the time to attend the 2025 Annual Shareholders’ Meeting, and for your continuous support and care for the management team of AWEA. The results of the Company’s business performance in the 2024 and the Company’s business plan in 2025 are summarized and reported as follows:

(1) Report on Results of the Company’s Business Performance in 2024
A. Operating revenue: Net operating revenue of the Company in 2024 was NTD 1,293,022 thousand, with a decrease of NTD 279,299 thousand and a decrease rate of 17.76%, compared with the NTD 1,572,321 thousand in 2023.
B. Profit and loss: Net profit before tax of the Company in 2024 was NTD 462,170 thousand, with an increase of NTD 221,183 thousand and an increase rate of 91.78%, compared with the NTD 240,987 thousand in 2023; net profit after tax of the Company in 2024 was NTD 452,501 thousand (NTD 4.68 per share), with an increase of NTD 241,690 thousand and an increase rate of 114.65%, compared with the NTD 210,811 thousand (NTD 2.18 per share) in 2023.
C. The comparison of payment surplus between 2024 and 2023 is as follows:

Unit: NTD thousand

(Parent Company Only)

(Parent CompanyOnly)
Items	2024	2023	Amount in increase/ decrease	Increase (decrease) %
Net operating revenues	1,293,022	1,572,321	(279,299)	(17.76%)
Operating costs	(1,108,126)	(1,331,564)	(223,438)	(16.78%)
Gross profit	184,896	240,757	(55,861)	(23.20%)
Realized (Unrealized) gain among associated companies	10,388	3,553	6,835	192.37%
Net operating profit	(58,902)	22,476	(81,378)	(362.07%)
Net profit before tax	462,170	240,987	221,183	91.78%
Net profit after tax	452,501	210,811	241,690	114.65%

(Consolidated)

(Consolidated)
Items	2024	2023	Amount in increase/ decrease	Increase (decrease) %
Net operating revenues	1,917,762	2,361,917	(444,155)	(18.80%)
Operating costs	(1,639,155)	(2,002,794)	(363,639)	(18.16%)
Gross profit	278,607	359,123	(80,516)	(22.42%)
Realized (Unrealized) gain among associated companies	3,076	(210)	3,286	1564.76%
Net operating profit	(84,267)	33,000	(117,267)	(355.35%)
Net profit before tax	457,480	235,099	222,381	94.59%
Net profit after tax	446,497	190,306	256,191	134.62%
Attributable to parent company	452,501	210,811	241,690	114.65%

D. The budget execution status and the financial revenues in 2024 are as follows: In accordance with stipulations in “Regulations Governing the Publication of Financial Forecasts of Public Companies”, the Company did not need to disclose its financial forecast information for 2024, therefore, there was no data on its budget execution status in 2024.
E. Breakthrough in operation management:
(A) Breakthrough in product development

AWEA products developed with optimized functions in the direction of large-scale, composite, five-axis, high-speed and intelligence, etc.

a. Gantry type high-speed five-axes machining center AG (linear motor drive) and RG (linear screw drive) series, which met the five-axis and high-speed machining needs for mold and aerospace industry.
b. Various horizontal/ horizontal five-axis machining centers, which provided machining needs for mass-production line.
c. The full range of bridge milling models can be matched with AWEA’s in house made high-speed spindle, to meet the needs of the customers’ mold processing industry.
d. MEGA5 series of high-performance large-scale five-axis machining center, which met the high-speed, and high-precision machining needs of the aerospace industry.
e. FCV800S milling machine 5 axes machining center series, which met the customers’ needs for compounding machining.
f. The full range of bridge milling models with the new generation of milling head series, which could comprehensively improve the performance and function, and provide the customers with more choices.
g. Large bridge type milling machine with AWEA homemade automatic universal head, which could meet the customers’ processing needs at different angles.
h. Large moving cross rail machining center MVP series and super traveling column machining center MCP series and new moving cross rail moving column MVCP models, which could provide the customers with large processing range, large processing stroke and meet their needs for processing convenience.
i. Brand-new long-stroke high-speed aluminum cutting machining center, which could provide ultra-high-speed cutting feed to meet the customers’ need for high-speed aluminum cutting.
j. Intelligent information control system AiLINC new product was published, which enabled the machine matched with AiLINC to be upgraded to intelligent machine, to docking with intelligent manufacturing.
- (B) Breakthrough in production and sales layout
  - a. Its sales volume of niche market products increased, and its export proportion of bridge machines increased.
  - b. Breakthrough in sales volume in mature markets - Italy, Germany, North America, Turkey, etc.
  - c. Development of new markets - Eastern Europe, Northern Europe, ASEAN and India, etc.
  - d. Development and marketing of new products - new large-scale gantry machine, European-standard attachment head integration application, etc.
  - e. It provided diversified controllers for selection, with rapid supply.
- (C) Breakthrough in improvement of corporate management
  - a. It established corporate culture, to improve the corporate competitiveness.
  - b. It made effective control of accounts receivable and ending balance of inventory.
  - c. It promoted precision production, made effective control of cost, and enhanced the product competitiveness.
  - d. It made reasonable use of general and administrative expenses, and reduced unnecessary expenditures.
(2) Summary of the business plan 2025
A. 2025 Trading strategy
- (A) Market strategy: To make full use of the information platform, establish complete marketing documents and sales system, coordinate agents in different regions to support each other in machine sales, reduce stock volume and improve delivery speed; cooperate with exhibitions using the group image both at home and abroad, make market promotion, and reduce sales resistance.
- (B) Sales strategy: Enhance brand recognition between the agents and the customers.
- (C) Management strategy: Reduce the error rate, and improve the working quality.
B. Business objective for 2025

Estimated sales volume in 2025: 95 bridge machines, and 420 C-type machines.

(3) Production and marketing policies

Important long-term direction:

A. Continue to make diversion of market: Making diversification of the market is conducive to avoiding the risk of market concentration, which is a long-term policy of the Company, and is conducive to the stable development of the Company.
B. Improve customer satisfaction by service: After service is an important link for maintaining customers, and the Company could obtain repeat orders only with a good after-sales service, therefore, in the future, the Company will struggle toward the objective of rapid service and inexpensive but excellent support.
C. Develop products as required by the market: To strengthen the interaction and understanding of the market, develop products according to market demand, and improve the market share of products.
(4) Impact from external competition environment, regulatory environment and overall operation environment
The Company’s development in the future is subject to impact from the following adverse factors:
A. The NTD exchange rate fluctuates greatly, which has an impact on order-receiving and production costs, as well as adverse impact on operation.
B. The domestic labor laws and regulations are rigid, which is easy to cause employee-employer conflicts, increase the operating costs, and have adverse impact on development of the industry.
(5) Future Development Strategies
A. Marketing strategies:
- (A) To adjust the sales market proportion and strategy in response to COVID-19 epidemic, China-United States trade war and inflation impact.
- (B) To demonstrate advantages of the Company’s products in aerospace and wind power green energy, and expand the market supply and share.
- (C) To invest more resources for development since the trend of intelligent products with industry 4.0 is becoming increasingly obvious.
- (D) To integrate and develop all kinds of five-axis application technologies, and expand sales of five-axis machine.
- (E) To actively improve all kinds of high-end five-axis products in active markets of five-axis machines.
- (F) To actively expand the international market, and integrate the demonstration, sales, service and repair sites.
- (G) To actively introduce talents, make industry-university cooperation, and deeply improve the Company’s long-term development competitiveness.
- (H) To make use of the information tool and platform, and integrate exhibitions, advertising and publicity, to enhance marketing channels.
B. Procurement strategy
- (A) To strengthen supply chain links to shorten lead times of raw materials and reduce stock inventory, and improve the delivery speed and mobility.
- (B) To make group procurement and price negotiation, make regular assessment of the suppliers, and implement ISO assessment of the suppliers’ quality, delivery and price, and coach the suppliers to enhance their competitiveness, thus enhancing the competitiveness of the Company.
C. Development orientation of product
(A) To cooperate with the domestic green energy, wind power, shipbuilding and other industrial policies to develop new-generation products, so as to make a preparation for competitive advantages in the future.
(B) To construct a complete product line, and coordinate with the Goodway Parent Company, to make respective development in the field of professional milling machine machining and turning machining technologies.
(C) To make research and development of high value-added new products, such as gantry-type\ floor-type moving column gantry machine, floor-type moving column moving cross rail gantry machine, high-efficiency mass production machine, high-speed five-axis machine, and horizontal boring machine, etc.
(D) To deepen the development of intelligent and automated new products at the high-tech level.
(E) To actively promote and expand products in aerospace machining markets in cooperation with the development trend of aerospace industry in the world.
(F) To develop new-generation products in compliance with the global trend of energy-saving, carbon-reduction and green manufacturing.
D. Production strategies
(A) To improve the self-production rate, and strengthen the precision machining equipment and self-assembly capacity, so as to improve the product quality.
(B) To complete the construction of Dapumei Phase II plant in 2025, the completion of which can improve production capacity of small vertical machines, achieving rapid supply.
(C) To put Phase II plants of Wujiang Plant into mass production, with key precision components supported by the parent factory, so as to improve production capacity in Mainland China.

Looking back at 2024, the world faced severe inflation and the geopolitical impact of the Israel-Hamas War and the Russia-Ukraine War, and the global machine tool market was not in good condition. The Company, like most peer companies, faced the same problems, with significant decline in orders and shipments due to limited inventory destocking of customers. In 2025, the Company will efficiently accept orders and deliver products, replace and upgrade old processing equipment, and refurbish and calibrate used machines to increase their added value for customers to choose from. The Group will continue to adopt a procurement model of bulk orders and annual contracts, and set prices according to quantities, in order to reduce costs and enhance competitiveness. At the same time, we will strengthen product quality and increase self-production ratio, focus on large gantry and high-speed five-axis processing machines to meet the product refinement route, hoping to bring the next industrial recovery opportunity for the Company.

The management team of AWEA has always been following a dedicated attitude and making all-round preparation, and we believe that this year, with the continuous support of all you shareholders, we have the confidence to overcome all kinds of adverse internal and external factors, so as to make the Company continue to grow steadily in the sluggish environment, to repay you shareholders’ trust in the management team of AWEA. Thanks again to all shareholders for your support and recognition. At last, I wish all of you:

A good health, and all the best wishes for you!

AWEA Mechantronic Co., Ltd.

President: Shang-Ru Yang

Chairman: President: Accounting Supervisor: De-Hua Yang Shang-Ru Yang Guo-Xuan, Fan

2. 2024 Audit Committee’s Audit Report

AWEA Mechantronic Co., Ltd.

Audit Committee’s Audit Report

The Business Report, Financial Statements, Proposal for Earnings Distribution and such papers for Year 2024 of the Company have been duly worked out by the Board of Directors. Among the papers, the Financial Statements has been duly audited and verified by Certified Public Accountants Guei-Duan Chen and Chang-Yun Yi of EnWise CPAs & Co. as appointed by the Board of Directors, and the CPA firm has also duly issued the Audit Report.

Upon audit by the Audit Committee, it was deemed that the above Business Report, Financial Statements, Proposal for Earnings Distribution were in compliance with relevant laws and regulations of the Company Act, the report above was made in accordance with the provisions of Article 219 of the Company Act.

The above reports are hereby submitted for review.

AWEA Mechantronic Co., Ltd.

Audit Committee Convener

Li-Ying Luo

February 26, 2025

3. Report on Investment Status in Mainland China.

December 31, 2024

Unit: NTD thousand (unless stated otherwise)

(1) Name of the investee company in Mainland China, main business items, paid-in capital, method of investment, inward/outward remittance of funds, percentage of ownership, carrying value of investment, and gain or loss on repatriated investment:

Name of investee	Main business activities	Paid-in capital	Investment method (Note 1)	Accumulated investment amount remitted from Taiwan at the beginning of the period	Amount remitted from Taiwan to Mainland China/ Amount remitted back to Taiwan for current period	Amount remitted from Taiwan to Mainland China/ Amount remitted back to Taiwan for current period	Accumulated investment amount remitted from Taiwan at the end of the period	Current profit and loss of the invested company	Ownership percentage of direct or indirect investment	Recognized investment gains and losses in the current period (Note 2)	Carrying amount of investment as of December 31, 2024	Accumulated inward remittance of earnings as of December 31, 2024
					Outflow	Inflow
Shanghai Zhuwai Mechanical and Electrical Co., Ltd.	Machinery sales and installation, business management consultation, and international trade	USD 2,500 (NTD 81,838) (Note 3)	2	USD 2,494 (NTD 81,641) (Note 3)	-	-	USD 2,494 (NTD 81,641) (Note 3)	$ 6,197	100%	$ 6,716	$160,901	USD 15,438 (NTD 494,064) (Note 3)
Awea Mechantronic (Suzhou) Ltd.	Machinery sales, manufacturing and installation, and international trade	USD 11,400 (NTD 373,179) (Note 3)	2	USD 10,400 (NTD 340,444) (Note 3)	-	-	USD 10,400 (NTD 340,444) (Note 3)	4,147	100%	4,147	567,579	USD 4,706 CNY 49,580 (NTD 370,167)
Yih Chuan Machinery (Jiaxing) Industry Co., Ltd.	Machinery sales, manufacturing and installation, and international trade	USD 2,510 (NTD 82,165) (Note 3)	2	USD 2,510 (NTD 82,165) (Note 3)	-	-	USD 2,510 (NTD 82,165) (Note 3)	(14,404)	100%	(14,404)	197,880	-

(2) Limit on investments in Mainland China:

Name of investor	Accumulated investment amount remitted from Taiwan to Mainland China at the end of the period	Investment amounts authorized by Investment Review Committee, MOEA	Limit on investments in Mainland China imposed by the Investment Review Committee, MOEA Net value x 60%
The Company	$ 422,085 (Note 3) (USD 12,894)	$ 455,017 (Note 3) (USD 13,900)	$ 2,182,037 (Note 5)
Yih Chuan Machinery Industry Co.,Ltd.	$ 82,165 (Note 3) (USD 2,510)	$ 82,165 (Note 3) (USD 2,510)	$ 135,024 (Note 5)

Note 1: Investment methods are divided into the following three types, just enter the code:
(1) Direct investment in Mainland China.
(2) Indirect investment in Mainland China through third-region companies.
(3) Other methods.
Note 2: The basis for recognition of investment gains and losses is the financial statements audited by CPAs for the same period.
Note 3: The NTD amount is translated by the exchange rate on the balance sheet date.
Note 4: Dawei Mechantronic (Suzhou) Co., Ltd. was merged with AWEA Mechantronic (Suzhou) Ltd. in September, 2020, and AWEA Mechantronic (Suzhou) Ltd. is the surviving company. The merger was approved by the Investment Review Committee, MOEA under the letter No. 11000165350 in July 2021.
Note 5: The cumulative amount of the investor’s investment in Mainland China shall not exceed 60% of the net value.

4. Report on the Distribution of 2024 Employees’ and Directors’ Remuneration.

Description:

(1) In accordance with the proposal by the Remuneration Committee and as passed by the Board of Directors, the remuneration to directors in 2024 was proposed to issue NTD 2,750,000 in cash.
(2) In accordance with the proposal by the Remuneration Committee and as passed by the Board of Directors, the remuneration to employees in 2024 was proposed to issue NTD 16,000,000 in cash.

5. Report on Loaning of Funds.

December 31, 2024

Unit: NTD thousand (unless stated otherwise)

No. (Note 1)	Companies loaning fund	Companies that fund is loaned to	Transaction items	Related party	Maximum amount of the current period (Note 3)	Ending balance (Note 4)	Amount drawn	Interest rate	Type of loans	Amount of transaction	Cause for necessity of short-term financing	Amount of allowance for uncollectible accounts	Collateral	Collateral	Loaning limit to individual objects (Note 2)	Total loaning limit to others (Note 2)
													Name	Value
0	AWEA Mechantronic Co., Ltd.	Yih Chuan Machinery Industry Co., Ltd.	Other receivables - related parties	Yes	140,000	70,000	70,000	2.175%	With necessity of short-term financing	695	Operating turnover	-	Promissory note	70,000	330,655	1,454,135
1	Shanghai Zhuwai Mechanical and Electrical Co., Ltd.	Awea Mechantronic (Suzhou) Ltd.	Other receivables - related parties	Yes	109,150 (CNY 25,000)	44,620 (CNY 10,000)	44,530	3.35%	With necessity of short-term financing	-	Operating turnover	-	-	-	162,384	162,275
1	Shanghai Zhuwai Mechanical and Electrical Co., Ltd.	Yih Chuan Machinery (Jiaxing) Industry Co., Ltd.	Other receivables - related parties	Yes	21,765 (CNY 6,700)	-	-	3.45%	With necessity of short-term financing	-	Operating turnover	-	-	-	162,384	162,275

Note 1: The explanation for the numbering column is as follows:

(1) Fill in 0 for issuer.
(2) The investees are coded sequentially beginning from “1” by each individual company.
Note 2: The loaning limit to individual objects shall not exceed 10% of their net value of the current period, and the total loaning limit shall not exceed 40% of their net value of the current period.

Note 3: The maximum balance of loaning funds to others of the current year.

Note 4: It is the loaning limit approved by the Board of Directors.

Appendix 1 Independent Auditors’ Report

To AWEA Mechantronic Co., Ltd.:

Audit Opinion

We have audited the accompanying parent company only balance sheets of AWEA Mechantronic Co., Ltd., as at December 31, 2024 and 2023, and the related parent company only statements of comprehensive income, of changes in equity and of cash flows for the years then ended, and notes to the parent company only financial statements, including a summary of significant accounting policies.

In our opinion, the accompanying parent company only financial statements present fairly, in all material respects, the parent company only financial position of AWEA Mechantronic Co., Ltd. as of December 31, 2024 and 2023 and for the years then ended, and its individual financial performance and its individual cash flows for the years then ended in conformity with the Regulations Governing the Preparation of Financial Reports by Securities Issuers based on our audit results and the audit reports of other certified public accountants (CPAs) (refer to the section of “Other matters”).

Basis for Opinion

We conducted our audits, as entrusted, in accordance with the Regulations Governing Auditing and Attestation of Financial Statements by Certified Public Accountants and auditing standards generally accepted in the Republic of China. Our responsibilities under those standards are further described in the Auditors’ Responsibilities for the Audit of the Parent Company Only Financial Statements section of our report. We are independent of the Company in accordance with the Norm of Professional Ethics for Certified Public Accountant of Republic of China, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We are convinced that we have acquired enough and appropriate audit evidence to serve as the basis of audit 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 for the year ended December 31, 2024 of AWEA Mechantronic Co., Ltd. These matters were addressed in the context of our audit of the individual 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 Company’s individual financial statements for the year ended December 31, 2024 are stated as follows:

Revenue recognition

The main source of revenue for AWEA Mechantronic Co., Ltd. is the sales of machining centers. In 2024, the recognized revenue was NTD 1,063,945 thousand, which accounted for about 82% of the total operating revenue. Since the sales locations include Taiwan, Mainland China, Italy and the United States, the sales terms vary by customers, the risks of ownership and the time of compensation transfer shall be determined in accordance with the terms of the customer’s orders or contracts, and the time and amount of revenue recognition can have a significant impact on the financial statements. Therefore, we have identified revenue recognition as one of the key audit matters.

For the accounting policies related to revenue recognition, please refer to Note 4 to the parent company only financial statements.

We evaluated the reasonableness of the sales revenue recognition, performed the cut-off point test, and performed internal control tests to understand the design and implementation of the sales revenue recognition process and the related control system of AWEA Mechantronic Co., Ltd. In addition, we conducted related control tests on the sales and collection cycles, sampled and checked the sales contracts to confirm the correctness of the information in the accounting system, performed reconciliations between the general ledger system and the sales system, and assessed whether the time of revenue recognition was in accordance with the relevant reporting regulations.

Evaluation of inventories

AWEA Mechantronic Co., Ltd. mainly engages in the design, manufacture and sales of special machines, automation equipment and computer-controlled tool machines. As of December 31, 2024, the total inventories, allowance for market value decline and loss on obsolete and slow-moving inventories were NTD 1,398,408 thousand and NTD 341,752 thousand, respectively. Inventories of AWEA Mechantronic Co., Ltd. are measured at cost and net realizable value. Allowance for market value decline and loss on obsolete and slow-moving inventories are allocated for inventories aged over a certain period of time or individually identified as obsolete. Due to the intense competition in the spare parts market and the varying speeds of obsolescence of different products, the risks of loss on decline in the market value or obsolete inventories are relatively high. The net realizable values used for obsolete inventories and their evaluation usually involve subjective judgment and are therefore highly uncertain. Considering the significant impact of inventories and their allowance for market value decline and loss on obsolete and slow-moving inventories on financial statements, we have identified allowance for market value decline and loss on obsolete and slow-moving inventories as one of the key audit matters.

For the accounting policies related to inventories, please refer to Note 4 to the parent company only financial statements; for significant accounting estimates and assumptions used in the evaluation of inventories, please refer to Note 5 to the parent company only financial statements.

We understood, evaluated, and tested the design and implementation of the internal control system related to inventory management, obtained the evaluation data on the lower of cost or net realizable value of inventories compiled by management authority, sampled and estimated the selling price information to the most recent sales records, and assessed the basis of management authority’s estimate of net realizable value and its reasonableness; obtained an inventory aging statement, and assessed the appropriateness of the policy on provision for allowance for market value decline and loss on obsolete and slow-moving inventories.

Other Matters - References to the Audits of Other CPAs

In the above parent company only financial statements, the financial statements of YAMA SEIKI USA, INC., which are investments accounted for using the equity method, were not audited by us, but were audited by other CPAs entrusted by the Company. For the years ended December 31, 2024 and 2023, the balances of investments accounted for using the equity method were NTD 126,784 thousand and NTD 108,435 thousand, respectively, which both accounted for 2% of the Company’s total assets. For the years ended December 31, 2024 and 2023, the share of profit or loss of subsidiaries, associates, and joint ventures accounted for using the equity method were NTD 7,214 thousand and NT$6,901 thousand, respectively, which accounted for 2% and 3% of the Company’s net profit before tax, respectively.

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

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

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

Those charged with governance (including members of the Audit Committee) are responsible for overseeing the AWEA Mechantronic Co., Ltd.’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 misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the auditing standards in the Republic of China will always detect a material misstatement when it exists. Misstatement may arise from fraud or error. Misstatements are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these parent company only financial statements.

As part of an audit in accordance with the auditing standards generally accepted in the Republic of China, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the parent company only financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. Fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Therefore, the risk of not detecting a material misstatement resulting from fraud is higher than the one resulting from error.
Obtain an understanding of internal control relevant to the audit to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the AWEA Mechantronic Co., Ltd.’s internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the management level.
Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on AWEA Mechantronic Co., Ltd.’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors’ report to the related disclosures in the parent company only financial statements or, if such disclosures are inadequate, to modify our

opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors’ report. However, future events or conditions may cause AWEA Mechantronic Co., Ltd. to cease to continue as a going concern.

Evaluate the overall presentation, structure and content of the parent company only financial statements, including relevant notes, and whether the parent company only financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
Obtain sufficient appropriate audit evidence regarding the financial information of the investee company accounted for using equity method to express an opinion on the parent company only financial statements. We are responsible for the direction, supervision and performance of the audit of such investee company. We remain solely responsible for our audit opinion on the parent company only financial statements.

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

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

From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the parent company only financial statements of AWEA Mechantronic Co., Ltd. for the year ended December 31, 2024 and are therefore the key audit matters. 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.

EnWise CPAs & Co.

CPA Guei-Duan Chen

CPA Chang-Yun Yi

Approval number of the Securities and Approval number of the Securities and Futures Management Committee, Futures Management Committee, Ministry of Finance Ministry of Finance (1990) Tai-Cai-Zheng (I) No. 27495 (2003) Tai-Cai-Zheng (VI) No. 121986

February 26, 2025

Notice to Readers

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

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

Independent Auditors’ Report

To AWEA Mechantronic Co., Ltd.:

Audit Opinion

We have audited the accompanying consolidated balance sheets of AWEA Mechantronic Co., Ltd. and its Subsidiaries as at December 31, 2024 and 2023, and the related consolidated statements of comprehensive income, of changes in equity and of cash flows for the years then ended, and notes to the consolidated financial statements, including a summary of significant accounting policies.

In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the consolidated financial position of AWEA Mechantronic Co., Ltd. and its subsidiaries as of December 31, 2024 and 2023 and for the years then ended, and its consolidated financial performance and its consolidated cash flows for the years then ended in conformity with the Regulations Governing the Preparation of Financial Reports by Securities Issuers, the International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), IFRIC Interpretations (IFRIC), and SIC Interpretations (SIC) endorsed and issued into effect by the Financial Supervisory Commission (FSC) of the Republic of China, based on our audit results and the audit reports of other certified public accountants (CPAs).

Basis for Opinion

We conducted our audits, as entrusted, in accordance with the Regulations Governing Auditing and Attestation of Financial Statements by Certified Public Accountants and auditing standards generally accepted in the Republic of China. 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 the Company and its subsidiaries in accordance with the Norm of Professional Ethics for Certified Public Accountant of Republic of China, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We are convinced that we have acquired enough and appropriate audit evidence to serve as the basis of audit 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 for the year ended December 31, 2024 of AWEA Mechantronic Co., Ltd. and its subsidiaries. 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 for the year ended December 31, 2024 of AWEA Mechantronic Co., Ltd. and its subsidiaries are stated as follows:

Revenue recognition

The main source of revenue for AWEA Mechantronic Co., Ltd. and its subsidiaries is the sales of machining centers. In 2024, the recognized revenue was NTD 1,803,914 thousand, which accounted for about 94% of the total operating revenue. Since the sales locations include Taiwan, Mainland China, Italy and the United States, the sales terms vary by customers, the risks of ownership and the time of compensation transfer shall be determined in accordance with the terms of the customer’s orders or contracts, and the time and amount of revenue recognition can have a significant impact on the financial statements. Therefore, we have identified revenue recognition as one of the key audit matters.

For the accounting policies related to revenue recognition, please refer to Note 4 to the consolidated financial statements.

We evaluated the reasonableness of the sales revenue recognition, performed the cut-off point test, and performed internal control tests to understand the design and implementation of the sales revenue recognition process and the related control system of AWEA Mechantronic Co., Ltd. and its subsidiaries. In addition, we conducted related control tests on the sales and collection cycles, sampled and checked the sales contracts to confirm the correctness of the information in the accounting system, performed reconciliations between the general ledger system and the sales system, and assessed whether the time of revenue recognition was in accordance with the relevant reporting regulations.

Evaluation of inventories

AWEA Mechantronic Co., Ltd. and its subsidiaries mainly engage in the design, manufacture and sales of special machines, automation equipment and computer-controlled tool machines. As of December 31, 2024, the total inventories, allowance for market value decline and loss on obsolete and slow-moving inventories were NT$1,938,688 thousand and NT$500,638 thousand, respectively. Inventories of AWEA Mechantronic Co., Ltd. and its subsidiaries are measured at cost and net realizable value. Allowance for market value decline and loss on obsolete and slow-moving inventories are allocated for inventories aged over a certain period of time or individually identified as obsolete. Due to the intense competition in the spare parts market and the varying speeds of obsolescence of different products, the risks of loss on decline in the market value or obsolete inventories are relatively high. The net realizable values used for obsolete inventories and their evaluation usually involve subjective judgment and are therefore highly uncertain. Considering the significant impact of inventories and their allowance for market value decline and loss on obsolete and slow-moving inventories on financial statements, we have identified allowance for market value decline and loss on obsolete and slow-moving inventories as one of the key audit matters.

For the accounting policies related to inventories, please refer to Note 4 to the consolidated financial statements; for significant accounting estimates and assumptions used in the evaluation of inventories, please refer to Note 5 to the consolidated financial statements.

Other Matters

In the above consolidated financial statements, the financial statements of YAMA SEIKI USA, INC. in the same period, which are investments accounted for using the equity method, were not audited by us, but were audited by other CPAs entrusted by the Company. For the years ended December 31, 2024 and 2023, the balances of investments accounted for using the equity method were NTD 126,784 thousand and NTD 108,435 thousand, respectively, which both accounted for 2% of the Company’s total assets. For the years ended December 31, 2024 and 2023, the share of profit or loss of associates and joint ventures accounted for using the equity method were NTD 7,214 thousand and NTD 6,901 thousand, respectively, which accounted for 2% and 3% of the Company’s net profit before tax, respectively.

The Company has prepared the parent company only financial statements for 2024 and 2023, and we have issued an audit report containing our unqualified opinion plus the audit report issued by other CPAs as in the section of “Other matters” for reference.

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

Management is responsible for the preparation and fair presentation of the consolidated financial statements in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and the International Financial Reporting Standards, International Accounting Standards, IFRIC Interpretations, and SIC Interpretations as endorsed by the Financial Supervisory Commission, and for such internal control as management determines is necessary to enable the preparation of consolidated financial statements that are free from material misstatement, whether due to fraud or error.

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

Those charged with governance (including members of the Audit Committee) are responsible for overseeing the AWEA Mechantronic Co., Ltd.’s 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 misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the auditing standards 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 consolidated financial statements.

Identify and assess the risks of material misstatement of the consolidated financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. Fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Therefore, the risk of not detecting a material misstatement resulting from fraud is higher than the one resulting from error.
Obtain an understanding of internal control relevant to the audit to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the AWEA Mechantronic Co., Ltd.’s and its subsidiaries’ internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the management level.
Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on AWEA Mechantronic Co., Ltd.’s and its subsidiaries’ ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors’ report to the related disclosures in the 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 AWEA Mechantronic Co., Ltd. and its subsidiaries to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the consolidated financial statements, including relevant notes, and whether the consolidated financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Group to express an opinion on the consolidated financial statements. We are responsible for the direction, supervision and performance of the audit of such the Group. We remain solely responsible for our audit opinion on the consolidated financial statements.

From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the financial statements of AWEA Mechantronic Co., Ltd. and its subsidiaries for the year ended December 31, 2024 and are therefore the key audit matters. 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.

EnWise CPAs & Co.

CPA Guei-Duan Chen

CPA Chang-Yun Yi

February 26, 2025

Notice to Readers

The accompanying consolidated financial statements are intended only to present the consolidated financial position, financial performance and cash flows in accordance with accounting principles and practices generally accepted in the Republic of China and not those of any other jurisdictions. The standards, procedures and practices to audit such consolidated financial statements are those generally applied in the Republic of China. For the convenience of readers, the independent auditors' report and the accompanying consolidated financial statements have been translated into English from the original Chinese version prepared and used in the Republic of China If there is any conflict between the English version and the original Chinese version or any difference in the interpretation of the two versions, the Chinese- language independent auditors' report and consolidated financial statements shall prevail.

AWEA Mechantronic Co., Ltd.

Parent Company Only Balance Sheets

December 31, 2024 and 2023

Code 1100 1110 1150 1160 1170 1180 1200 1210 1220 130X 1410 1470 11XX 1517 1535 1550 1600 1755 1780 1840 1915 1920 1931 1937 15XX 1XXX	Items Current assets Cash and cash equivalents Financial assets at FVTPL - current Notes receivable, net Notes receivable due from related parties, net Accounts receivable, net Account receivables due from related parties, net Other receivables Other receivables - related parties Current tax assets Inventories Prepayments Other current assets Total current assets Non-current assets Financial assets at FVOCI - non-current Financial assets measured at amortized cost - non-current Investments accounted for using equity method Property, plant and equipment Right-of-use assets Intangible assets Deferred tax assets Prepayments for equipment Refundable deposits Long-term notes receivable, net Overdue receivables Total non-current assets Total assets	Notes 4 and 6 4 and 6 4 and 6 4 and 7 4 and 6 4 and 7 7 4 4 and 6 7 8 4 and 6 4, 6 and 8 4 and 6 4, 6, 7 and 8 4 and 6 4 and 6 4 and 6 4 4 and 6	Amount % 484,221 $ 8 976,539 16 50,008 1 12,882 - 166,340 3 130,654 2 8,557 - 70,061 1 31,460 1 1,056,656 18 11,589 - 228,310 4 3,227,277 54 376 - 10,200 - 1,018,033 17 1,493,380 25 164,531 3 4,542 - 91,211 1 3,268 - 2,408 - 3,224 - - - 2,791,173 46 6,018,450 $ 100 December 31, 2024	Amount % 618,201 $ 11 536,929 10 51,118 1 858 - 304,590 6 121,722 2 9,660 - 61,626 1 - - 1,009,015 19 7,398 - 344,421 6 3,065,538 56 1,991 - 10,137 - 952,269 17 1,378,679 25 910 - 5,813 - 84,620 2 3,200 - 1,838 - 7,413 - - - 2,446,870 44 5,512,408 $ 100 Unit: NTD thousand December 31, 2023
			Amount 484,221 $ 976,539 50,008 12,882 166,340 130,654 8,557 70,061 31,460 1,056,656 11,589 228,310 3,227,277 376 10,200 1,018,033 1,493,380 164,531 4,542 91,211 3,268 2,408 3,224 - 2,791,173 6,018,450 $	Amount 618,201 $ 536,929 51,118 858 304,590 121,722 9,660 61,626 - 1,009,015 7,398 344,421 3,065,538 1,991 10,137 952,269 1,378,679 910 5,813 84,620 3,200 1,838 7,413 - 2,446,870 5,512,408 $

Please refer to the accompanying notes to the financial statements.

Chairman: De-Hua Yang Managerial officer: Shang-Ru Yang Accounting Supervisor: Guo-Xuan Fan

AWEA Mechantronic Co., Ltd.

Parent Company Only Balance Sheets

December 31, 2024 and 2023

Amount % 1,565,000 $ 26 79,992 2 104,905 2 168,455 3 5,630 - 66,977 1 2,644 - 75,319 1 1,008 - 7,970 - 10,418 - 7,536 - 190 - 1,102 - 2,097,146 35 122,685 2 158,305 3 4,549 - 428 - 285,967 5 2,383,113 40 965,942 16 6,124 - 57,468 1 4 - 31,920 - 583,117 10 98,077 2 1,895,429 31 (2,588) - (156) - 3,635,337 60 6,018,450 $ 100 December 31, 2024	Unit: NTD thousand December 31, 2023	Unit: NTD thousand December 31, 2023
Amount 1,565,000 $ 79,992 104,905 168,455 5,630 66,977 2,644 75,319 1,008 7,970 10,418 7,536 190 1,102 2,097,146 122,685 158,305 4,549 428 285,967 2,383,113 965,942 6,124 57,468 4 31,920 583,117 98,077 1,895,429 (2,588) (156) 3,635,337 6,018,450 $	Amount 1,465,000 $ 79,987 57,348 261,961 2,387 83,494 1,559 86,952 1,209 49,866 11,032 638 190 1,075 2,102,698 108,177 280 6,973 428 115,858 2,218,556 965,942 6,124 57,468 4 31,920 562,966 98,077 1,606,748 (32,016) (3,381) 3,293,852 5,512,408 $	%
		27 1 1 5 - 2 - 2 - 1 - - - -
		39
		2 - - -
		2
		41
		18 - 1 - 1 10 2 28 (1) -
		59
		100

Please refer to the accompanying notes to the financial statements.

Chairman: De-Hua Yang Managerial officer: Shang-Ru Yang Accounting Supervisor: Guo-Xuan Fan

AWEA Mechantronic Co., Ltd.

Parent Company Only Statements of Comprehensive Income

For the Years Ended December 31, 2024 and 2023

Unit: NTD thousand, except earnings per share Amount % Amount % 1,293,022 $ 100 1,572,321 $ 100 (1,108,126) (86) (1,331,564) (85) 184,896 14 240,757 15 10,388 1 3,553 - 195,284 15 244,310 15 (112,392) (9) (125,086) (8) (47,473) (4) (50,884) (3) (92,583) (7) (53,729) (3) (1,738) - 7,865 1 (254,186) (20) (221,834) (13) (58,902) (5) 22,476 2 23,209 2 30,000 2 47,932 4 50,951 3 470,314 36 132,191 8 (29,478) (2) (28,704) (2) 9,095 - 34,073 2 521,072 40 218,511 13 462,170 35 240,987 15 (9,669) (1) (30,176) (2) 452,501 34 210,811 13 1,656 - (351) - 3,122 - (1,486) - (331) - 70 - 36,785 3 (16,647) (1) (7,357) - 3,330 - 33,875 3 (15,084) (1) 486,376 $ 37 195,727 $ 12 4.68 $ 2.18 $ 4.66 $ 2.17 $ 2024 2023	Unit: NTD thousand, except earnings per share Amount % Amount % 1,293,022 $ 100 1,572,321 $ 100 (1,108,126) (86) (1,331,564) (85) 184,896 14 240,757 15 10,388 1 3,553 - 195,284 15 244,310 15 (112,392) (9) (125,086) (8) (47,473) (4) (50,884) (3) (92,583) (7) (53,729) (3) (1,738) - 7,865 1 (254,186) (20) (221,834) (13) (58,902) (5) 22,476 2 23,209 2 30,000 2 47,932 4 50,951 3 470,314 36 132,191 8 (29,478) (2) (28,704) (2) 9,095 - 34,073 2 521,072 40 218,511 13 462,170 35 240,987 15 (9,669) (1) (30,176) (2) 452,501 34 210,811 13 1,656 - (351) - 3,122 - (1,486) - (331) - 70 - 36,785 3 (16,647) (1) (7,357) - 3,330 - 33,875 3 (15,084) (1) 486,376 $ 37 195,727 $ 12 4.68 $ 2.18 $ 4.66 $ 2.17 $ 2024 2023	Unit: NTD thousand, except earnings per share Amount % Amount % 1,293,022 $ 100 1,572,321 $ 100 (1,108,126) (86) (1,331,564) (85) 184,896 14 240,757 15 10,388 1 3,553 - 195,284 15 244,310 15 (112,392) (9) (125,086) (8) (47,473) (4) (50,884) (3) (92,583) (7) (53,729) (3) (1,738) - 7,865 1 (254,186) (20) (221,834) (13) (58,902) (5) 22,476 2 23,209 2 30,000 2 47,932 4 50,951 3 470,314 36 132,191 8 (29,478) (2) (28,704) (2) 9,095 - 34,073 2 521,072 40 218,511 13 462,170 35 240,987 15 (9,669) (1) (30,176) (2) 452,501 34 210,811 13 1,656 - (351) - 3,122 - (1,486) - (331) - 70 - 36,785 3 (16,647) (1) (7,357) - 3,330 - 33,875 3 (15,084) (1) 486,376 $ 37 195,727 $ 12 4.68 $ 2.18 $ 4.66 $ 2.17 $ 2024 2023
Amount 1,293,022 $ (1,108,126) 184,896 10,388 195,284 (112,392) (47,473) (92,583) (1,738) (254,186) (58,902) 23,209 47,932 470,314 (29,478) 9,095 521,072 462,170 (9,669) 452,501 1,656 3,122 (331) 36,785 (7,357) 33,875 486,376 $ 4.68 $ 4.66 $	Amount 1,572,321 $ (1,331,564) 240,757 3,553 244,310 (125,086) (50,884) (53,729) 7,865 (221,834) 22,476 30,000 50,951 132,191 (28,704) 34,073 218,511 240,987 (30,176) 210,811 (351) (1,486) 70 (16,647) 3,330 (15,084) 195,727 $ 2.18 $ 2.17 $	%
		100 (85)
		15 -
		15
		(8) (3) (3) 1
		(13)
		2
		2 3 8 (2) 2
		13
		15 (2)
		13
		- - - (1) -
		(1)
		12

Please refer to the accompanying notes to the financial statements.

Chairman: De-Hua Yang Managerial officer: Shang-Ru Yang Accounting Supervisor: Guo-Xuan Fan

AWEA Mechantronic Co., Ltd.

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

Unit: NTD thousand

							Unit: NTD thousand
Items Balance at January 1, 2023 Appropriation and distribution of retained earnings: Legal reserve Cash dividends paid 2023 Net profit Other comprehensive income for 2023 Total comprehensive income of 2023 Disposal of investments in equity instruments at fair value through other comprehensive income Balance at December 31, 2023 Appropriation and distribution of retained earnings: Legal reserve Cash dividends paid 2024 Net profit Other comprehensive income for 2024 Total comprehensive income of 2024 Disposal of investments in equity instruments at fair value through other comprehensive income Balance at December 31, 2024	Share capital Common stock 965,942 $ - - - - - - 965,942 - - - - - - 965,942 $	Capital surplus 95,516 $ - - - - - - 95,516 - - - - - - 95,516 $		Retained earnings	Unappropriated earnings 1,595,597 $ (35,790) (154,551) 210,811 (281) 210,530 (9,038) 1,606,748 (20,151) (144,891) 452,501 1,325 453,826 (103) 1,895,429 $	Exchange difference on translation of financial statements of foreign operations Unrealised gains (losses) on valuation of financial assets measured at fair value through other comprehensive income $ (18,699) $ (10,933) - - - - - - (13,317) (1,486) (13,317) (1,486) - 9,038 (32,016) (3,381) - - - - - - 29,428 3,122 29,428 3,122 - 103 (2,588) $ (156) $ Other equity items	Total equity
			Legal reserve 527,176 $ 35,790 - - - - - 562,966 20,151 - - - - - 583,117 $	Special reserve 98,077 $ - - - - - - 98,077 - - - - - - 98,077 $		Exchange difference on translation of financial statements of foreign operations $ (18,699) - - - (13,317) (13,317) - (32,016) - - - 29,428 29,428 - (2,588) $
							3,252,676 $ - (154,551) 210,811 (15,084)
							195,727
							-
							3,293,852 - (144,891) 452,501 33,875
							486,376
							-
							3,635,337 $

Please refer to the accompanying notes to the financial statements.

Chairman: De-Hua Yang Managerial officer: Shang-Ru Yang Accounting Supervisor: Guo-Xuan Fan

AWEA Mechantronic Co., Ltd.

Parent Company Only Statements of Cash Flows

For the Years Ended December 31, 2024 and 2023

Unit: NTD thousand

		Unit: NTD thousand
Cash flows from operating activities Net profit before tax Adjustments Depreciation Amortisation Expected credit impairment losses (gains) Net gain on financial assets at FVTPL Interest expense Interest income Dividend revenue Share of profit or loss of subsidiaries, associates and joint ventures accounted for using equity method Gain on disposal of property, plant and equipment Lease modification benefit Gains on disposals of investments Unrealized (Realized) gain from sale with subsidiaries and associates Allowance for provisions Changes in operating assets and liabilities Notes receivable Notes receivable - related parties Account receivables Account receivables - related parties Other receivables Other receivables - related parties Inventories Prepayments Other current assets Overdue receivables Long-term notes receivable Contract liabilities Notes payable Notes payable - related parties Accounts payable Accounts payable - related parties Other payables Other payables - related parties Provisions Advance receipts Other current liabilities Net defined benefit liability Cash generated from operations Interest received Income tax paid Net cash generated by operating activities (Continued)	2024 462,170 $ 67,270 1,921 1,738 (413,198) 29,478 (23,209) (23,155) (9,095) (2,683) (4) (977) (10,388) 1,956 7,268 (12,024) 135,063 (8,932) (530) 1,565 (47,641) (4,191) (1,027) (5,289) 4,769 47,557 (93,506) 3,243 (16,517) 1,085 (10,803) (201) (2,570) - 27 (768) 78,402 24,842 (81,942) 21,302	2023
		240,987 $ 71,296 1,741 (7,865) (123,694) 28,704 (30,000) (23,308) (34,073) (343) - (2,841) (3,553) - 200,603 202 116,040 (52,805) 236 (1,584) 12,264 (664) 182 8,784 5,380 (15,975) (131,544) (9,383) 10,666 70 (2,419) (468) (23) 148 (995) (2,369)
		253,397 30,733 (46,558)
		237,572

AWEA Mechantronic Co., Ltd.

Parent Company Only Statements of Cash Flows

For the Years Ended December 31, 2024 and 2023

Unit: NTD thousand

		Unit: NTD thousand
(Continued from previous page) Cash flows from investing activities Acquisitions of financial assets at fair value through other comprehensive income Disposal of financial assets at fair value through other comprehensive income Acquisition of financial assets measured at amortized cost Acquisitions of financial assets at fair value through profit or loss Disposal of financial assets at fair value through profit or loss Acquisition of investments accounted for using equity method Acquisition of property, plant and equipment Disposal of property, plant and equipment Decrease (increase) in refundable deposits Decrease (increase) in other receivables - related parties Acquisitions of intangible assets Decrease in other financial assets Increase in prepayments for equipment Dividends received Net cash inflow (outflow) from investing activities Cash flows from financing activities Increase (decrease) in short-term borrowings Decrease in short-term notes and bills payable Decrease in guarantee deposits received Repayment of principal of lease liabilities Cash dividends paid Interest paid Net cash outflow from financing activities Net decrease in cash and cash equivalents Cash and cash equivalents at the beginning of year Cash and cash equivalents at the end of year	2024 (19) 4,756 (63) (28,164) 2,091 (10,350) (181,973) 11,789 (570) (10,000) (650) 117,138 (68) 23,793 (72,290) 100,000 - - (7,858) (144,891) (30,243) (82,992) (133,980) 618,201 484,221 $	2023
		- 6,981 (10,137) (49,014) 15,622 - (44,082) 343 2,076 10,000 (760) 197,356 (2,900) 94,511
		219,996
		(415,000) (209,654) (200) (11,420) (154,551) (27,566)
		(818,391)
		(360,823) 979,024
		618,201 $

Please refer to the accompanying notes to the financial statements.

Chairman: De-Hua Yang Managerial officer: Shang-Ru Yang Accounting Supervisor: Guo-Xuan Fan

AWEA Mechantronic Co., Ltd. and its Subsidiaries Consolidated Balance Sheets

December 31, 2024 and 2023

December 31, 2	Unit: NTD December 31, 2	thousand 023
Amount 809,774 $ 976,539 100,403 12,882 213,029 60,362 10,226 15 31,512 1,438,050 64,561 229,951 3,947,304 376 10,200 145,031 1,833,974 277,968 16,776 146,471 3,268 2,764 3,224 - 5,902 2,445,954 6,393,258 $	Amount 866,173 $ 536,929 157,100 858 350,642 43,741 11,698 - 26 1,448,774 42,490 344,423 3,802,854 1,991 10,137 116,713 1,741,772 114,477 12,656 140,108 3,200 3,965 7,413 - 6,605 2,159,037 5,961,891 $	%
		15 9 3 - 6 1 - - - 24 1 6
		65
		- - 2 29 2 - 2 - - - - -
		35
		100

Please refer to the accompanying notes to the consolidated financial statements.

Chairman: De-Hua Yang Managerial officer: Shang-Ru Yang Accounting Supervisor: Guo-Xuan Fan

AWEA Mechantronic Co., Ltd. and its Subsidiaries Consolidated Balance Sheets

December 31, 2024 and 2023

December 31, 2	December 31, 2 Unit: NTD	023 thousand
Amount 1,613,983 $ 79,992 184,490 168,685 1,326 184,540 1,082 100,536 1,386 8,227 12,221 7,536 190 1,105 2,365,299 128,705 158,305 8,772 4,549 2,275 302,606 2,667,905 965,942 6,124 57,468 4 31,920 583,117 98,077 1,895,429 (2,588) (156) 3,635,337 90,016 3,725,353 6,393,258 $	Amount 1,576,852 $ 79,987 172,215 262,181 566 165,270 350 112,178 1,339 52,116 12,935 638 1,066 1,077 2,438,770 116,831 280 9,533 6,973 1,911 135,528 2,574,298 965,942 6,124 57,468 4 31,920 562,966 98,077 1,606,748 (32,016) (3,381) 3,293,852 93,741 3,387,593 5,961,891 $	%
		26 1 3 4 - 3 - 2 - 1 - - - -
		40
		2 - - - -
		2
		42
		16 - 1 - 1 9 2 28 (1) -
		56 2
		58
		100

Please refer to the accompanying notes to the consolidated financial statements.

Chairman: De-Hua Yang Managerial officer: Shang-Ru Yang Accounting Supervisor: Guo-Xuan Fan

AWEA Mechantronic Co., Ltd. and its Subsidiaries

Consolidated Statements of Comprehensive Income

For the Years Ended December 31, 2024 and 2023

Unit: NTD thousand, except earnings per share

2024	2023
Amount 1,917,762 $ (1,639,155) 278,607 3,076 281,683 (139,405) (129,657) (92,583) (4,305) (365,950) (84,267) 23,140 75,310 467,811 (31,346) 6,832 541,747 457,480 (10,983) 446,497 1,656 3,122 (331) 39,634 (7,927) 36,154 482,651 $ 452,501 $ (6,004) 446,497 $ 486,376 $ (3,725) 482,651 $ 4.68 $ 4.66 $	Amount 2,361,917 $ (2,002,794) 359,123 (210) 358,913 (149,424) (129,974) (53,729) 7,214 (325,913) 33,000 30,129 65,466 132,086 (32,760) 7,178 202,099 235,099 (44,793) 190,306 (351) (1,486) 70 (18,238) 3,648 (16,357) 173,949 $ 210,811 $ (20,505) 190,306 $ 195,727 $ (21,778) 173,949 $ 2.18 $ 2.17 $	%
		100 (85)
		15 -
		15
		(6) (6) (2) -
		(14)
		1
		1 4 6 (1) -
		10
		11 (2)
		9
		- - - (1) (1)
		(2)
		7
		9 -
		9
		7 -
		7

Please refer to the accompanying notes to the consolidated financial statements.

Chairman: De-Hua Yang Managerial officer: Shang-Ru Yang Accounting Supervisor: Guo-Xuan Fan

AWEA Mechantronic Co., Ltd. and its Subsidiaries

Consolidated Statement of Changes in Equity

For the Years Ended December 31, 2024 and 2023

Unit: NTD thousand

Equity attributable to owners of the parent

	Retained earnings	Exchange difference on translation of financial statements of foreign operations Unrealised gains (losses) on valuation of financial assets measured at fair value through other comprehensive income (18,699) $ (10,933) $ - - - - - - - - (13,317) (1,486) (13,317) (1,486) - 9,038 (32,016) (3,381) - - - - - - - - 29,428 3,122 29,428 3,122 - 103 (2,588) $ (156) $ Other equity items	Total equity
Legal reserve 527,176 $ 35,790 - - - - - - 562,966 20,151 - - - - - - 583,117 $	Special reserve 98,077 $ - - - - - - - 98,077 - - - - - - - 98,077 $	Exchange difference on translation of financial statements of foreign operations (18,699) $ - - - - (13,317) (13,317) - (32,016) - - - - 29,428 29,428 - (2,588) $
			3,368,195 $ - (154,551) - 190,306 (16,357)
			173,949
			-
			3,387,593 - (144,891) - 446,497 36,154
			482,651
			-
			3,725,353 $

Please refer to the accompanying notes to the consolidated financial statements.

Chairman: De-Hua Yang Managerial officer: Shang-Ru Yang Accounting Supervisor: Guo-Xuan Fan

AWEA Mechantronic Co., Ltd. and its Subsidiaries

Consolidated Statements of Cash Flows

For the Years Ended December 31, 2024 and 2023

Unit: NTD thousand

		Unit: NTD thousand
Cash flows from operating activities Net profit before tax Adjustments Depreciation Amortisation Expected credit impairment (gains) losses Net gain on financial assets at FVTPL Interest expense Interest income Dividend revenue Share of profit or loss of associates and joint ventures accounted for using equity method Gains on disposal and discard of property, plant and equipment Gains on disposals of investments Unrealized (Realized) gain from sale with associates Lease modification benefit Allowance for provisions Other income Changes in operating assets and liabilities Notes receivable Notes receivable - related parties Account receivables Account receivables - related parties Other receivables Other receivables - related parties Inventories Prepayments Other current assets Overdue receivables Long-term notes receivable Contract liabilities Notes payable Notes payable - related parties Accounts payable Accounts payable - related parties Other payables Other payables - related parties Provisions Advance receipts Other current liabilities Net defined benefit liability Cash generated from operations Interest received Income tax paid Net cash generated by operating activities (Continued)	2024 457,480 $ 106,421 3,467 4,305 (413,198) 31,346 (23,140) (23,155) (6,832) (6,086) (977) (3,076) (4) 1,956 (1,090) 62,855 (12,024) 131,658 (16,621) (161) (15) 10,724 (22,071) (1,025) (5,289) 4,769 12,275 (93,496) 760 19,270 732 (11,123) 47 (2,733) (876) 28 (768) 204,333 24,773 (88,642) 140,464	2023
		235,099 $ 111,786 2,752 (7,214) (123,694) 32,760 (30,129) (23,308) (7,178) (61) (2,841) 210 - - (1,075) 222,165 3,416 107,200 (10,175) (1,665) - 158,233 15,369 407 8,784 5,380 (52,798) (131,668) 52 (36,042) (449) (15,683) (668) 522 132 (1,022) (2,088)
		456,509 30,862 (87,932)
		399,439

AWEA Mechantronic Co., Ltd. and its Subsidiaries

Consolidated Statements of Cash Flows

For the Years Ended December 31, 2024 and 2023

(Continued from previous page) Cash flows from investing activities Acquisitions of financial assets at fair value through other comprehensive income Disposal of financial assets at fair value through other comprehensive income Acquisition of financial assets measured at amortized cost Acquisitions of financial assets at fair value through profit or loss Disposal of financial assets at fair value through profit or loss Acquisition of investments accounted for using equity method Acquisition of property, plant and equipment Disposal of property, plant and equipment Decrease in refundable deposits Acquisitions of intangible assets Decrease in other financial assets Decrease (increase) in other non-current assets Increase in prepayments for equipment Dividends received Net cash inflow (outflow) from investing activities Cash flows from financing activities Increase (decrease) in short-term borrowings Decrease in short-term notes and bills payable Increase (decrease) in guarantee deposits received Repayment of principal of lease liabilities Dividends paid Interest paid Net cash outflow from financing activities Effect of changes in foreign exchange rates on cash and cash equivalents Net decrease in cash and cash equivalents Cash and cash equivalents at the beginning of year Cash and cash equivalents at the end of year	2024 (19) 4,756 (63) (28,164) 2,091 (10,350) (183,626) 17,353 1,201 (7,380) 115,497 703 (68) 23,793 (64,276) 37,131 - 364 (7,858) (144,891) (32,111) (147,365) 14,778 (56,399) 866,173 809,774 $	Unit: NTD thousand 2023
		- 6,981 (10,137) (49,014) 15,622 - (51,642) 1,779 3,181 (5,079) 197,356 (61) (2,900) 23,308
		129,394
		(378,097) (209,654) (272) (11,420) (154,551) (31,622)
		(785,616)
		(9,215)
		(265,998) 1,132,171
		866,173 $

Please refer to the accompanying notes to the consolidated financial statements.

Chairman: De-Hua Yang Managerial officer: Shang-Ru Yang Accounting Supervisor: Guo-Xuan Fan

Appendix 2 AWEA Mechantronic Co., Ltd.

Statement of Earnings Distribution 2024

Unit: NTD

			Unit: NTD
Items	Amount		Remark
	Subtotal	Total
Opening balance Adjustments: Add: Net profit tax for 2024 Add: Other comprehensive income after tax for 2024 - gains/losses from actuary of defined benefit Less: Unrealized gains (losses) on valuation of financial assets measured through other comprehensive income Less: Legal reserve Earnings allocable Items of distribution: Shareholders’ dividend - Cash (NTD1.5/share) Unappropriated retained earnings at the end of the term	……452,500,720 ……1,324,528 (103,394) (45,372,185) (144,891,257)	$ 1,441,706,626 1,850,056,295 $1,705,165,038	Note 1
Chairman: De-Hua Yang President: Shang-Ru Yang Accounting Supervisor: Guo-Xuan, Fan Note:

Note 1: As stipulated by the Articles of Incorporation, 10% of the net profit after tax shall be set aside as legal reserve.

$453,721,854*10%=$45,372,185

Note 2: The amount of earnings distribution this time shall come from the earnings of 2024 in priority.

Appendix 3 Contents and Amount of Remunerations to Directors 2024

		Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None	Unit: NTD thousand; % Director’s remuneration The sum of A, B, C and D as a percentage of after-tax profit Remuneration as an employee The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit Remuneration received from the invested companies other than the subsidiaries and the parent company Remuneration (A) Pension (B) Remuneration to directors (C) Fees for services rendered (D) Salaries, bonuses, special allowances etc.(E) Pension (F)Employees’ remuneration (G) The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report The Company All companies shown in the financial report Cash amount Stock amount Cash amount Stock amount 0.012 0.012 - - 500 500 25 25 525 0.12% 525 0.12% - - - - - - - - 525 0.12% 525 0.12% None - - - - 500 500 - - 500 0.11% 500 0.11% - - - - - - - - 500 0.11% 500 0.11% None - - - - - - 25 25 25 0.01% 25 0.01% 240 549 - - - - - - 265 0.06% 575 0.13% None - - - - - - 25 25 25 0.01% 25 0.01% - - - - - - - - 25 0.01% 25 0.01% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 25 25 275 0.06% 275 0.06% - - - - - - - - 275 0.06% 275 0.06% None - - - - 250 250 15 15 265 0.06% 265 0.06%2761 3148 108 108 850 - 850 - 3984 0.88% 4371 0.97% None
Title	Name	Director’s remuneration								The sum of A, B, C and D as a percentage of after-tax profit		Remuneration as an employee								The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit		Remuneration received from the invested companies other than the subsidiaries and the parent company
		Remuneration (A)		Pension (B)		Remuneration to directors (C)		Fees for services rendered (D)				Salaries, bonuses, special allowances etc.(E)		Pension (F)		Employees’ remuneration (G)
		The Company	All companies shown in the financial report	The Company	All companies shown in the financial report	The Company	All companies shown in the financial report	The Company	All companies shown in the financial report	The Company	All companies shown in the financial report	The Company	All companies shown in the financial report	The Company	All companies shown in the financial report	The Company		All companies shown in the financial report		The Company	All companies shown in the financial report
																Cash amount	Stock amount	Cash amount	Stock amount
Chairman	De-Hua Yang	0.012	0.012	-	-	500	500	25	25	525 0.12%	525 0.12%	-	-	-	-	-	-	-	-	525 0.12%	525 0.12%	None
Director	Goodway Machine Corp.	-	-	-	-	500	500	-	-	500 0.11%	500 0.11%	-	-	-	-	-	-	-	-	500 0.11%	500 0.11%	None
Director	Goodway Machine Corp. Representative: Cheng-Xuan Wang	-	-	-	-	-	-	25	25	25 0.01%	25 0.01%	240	549	-	-	-	-	-	-	265 0.06%	575 0.13%	None
Director	Goodway Machine Corp. Representative: Kun-Nan Zhuang	-	-	-	-	-	-	25	25	25 0.01%	25 0.01%	-	-	-	-	-	-	-	-	25 0.01%	25 0.01%	None
Director	Cheng-Jun Yang	-	-	-	-	250	250	25	25	275 0.06%	275 0.06%	-	-	-	-	-	-	-	-	275 0.06%	275 0.06%	None
Director	Qing-Feng Yang	-	-	-	-	250	250	25	25	275 0.06%	275 0.06%	-	-	-	-	-	-	-	-	275 0.06%	275 0.06%	None
Director	Shang-Ru Yang	-	-	-	-	250	250	15	15	265 0.06%	265 0.06%	2761	3148	108	108	850	-	850	-	3984 0.88%	4371 0.97%	None

Title	Name	Director’s remuneration	Director’s remuneration	Director’s remuneration	Director’s remuneration	Director’s remuneration	Director’s remuneration	Director’s remuneration	Director’s remuneration	The sum of A, B, C and D as a percentage of after-tax profit	The sum of A, B, C and D as a percentage of after-tax profit	Remuneration as an employee	Remuneration as an employee	Remuneration as an employee	Remuneration as an employee	Remuneration as an employee	Remuneration as an employee	Remuneration as an employee	Remuneration as an employee	The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit	The sum of A, B, C, D, E, F and G as a percentage of after-tax net profit	Remuneration received from the invested companies other than the subsidiaries and the parent company
		Remuneration (A)		Pension (B)		Remuneration to directors (C)		Fees for services rendered (D)				Salaries, bonuses, special allowances etc.(E)		Pension (F)		Employees’ remuneration (G)
		The Company	All companies shown in the financial report	The Company	All companies shown in the financial report	The Company	All companies shown in the financial report	The Company	All companies shown in the financial report	The Company	All companies shown in the financial report	The Company	All companies shown in the financial report	The Company	All companies shown in the financial report	The Company		All companies shown in the financial report		The Company	All companies shown in the financial report
																Cash amount	Stock amount	Cash amount	Stock amount
Independent Director	Li-Ying Luo	-	-	-	-	250	250	25	25	275 0.06%	275 0.06%	-	-	-	-	-	-	-	-	275 0.06%	275 0.06%	None
Independent Director	Yu-Ren Su	-	-	-	-	250	250	25	25	275 0.06%	275 0.06%	-	-	-	-	-	-	-	-	275 0.06%	275 0.06%	None
Independent Director	Zheng-Yong Huang	-	-	-	-	250	250	25	25	275 0.06%	275 0.06%	-	-	-	-	-	-	-	-	275 0.06%	275 0.06%	None
Independent Director	Xi-Peng Hong	-	-	-	-	250	250	25	25	275 0.06%	275 0.06%	-	-	-	-	-	-	-	-	275 0.06%	275 0.06%	None

Note: 1. Director Cheng-Jun Yang was provided with a car, at the cost of NTD 3,675 thousand, and book value at NTD 1,276 thousand. (It was not included in the salary, bonus and special expenditures for 2024)

Appendix 4 Report on the Implementation Status of Related-Party Transactions 2024

According to Article 9-1 of the Company’s “Regulations Governing the Financial and Business Matters between Related Parties”, written regulations shall be formulated for financial and business operations between related parties, and major transactions shall be submitted to the Board of Directors for approval and reported the latest shareholders’ meeting after the end of the year.

The transactions of the related party (YAMA SEIKI USA, INC.) in 2024 were disclosed in the related-party transactions in the parent company only and consolidated financial statements, and relevant information on major transactions was disclosed as follows in accordance with the provisions of the Regulations Governing the Preparation of Financial Reports by Securities Issuers:

Purchase transaction: None.
Sales transaction:

Unit: NTD thousand

Counterparty	Relationship	Transaction amount	Proportion of total sales	Balance of accounts receivable	% to total notes and accounts receivable
YAMA SEIKI USA,INC.	Associates	305,977	23.66%	56,284	18.48%

Credit period: The sales transaction price and payment period between related parties are not significantly different from those of general customers.

However, the actual transaction amount (NTD 305,977 thousand) in 2024 exceeded the proposed upper limit of NTD 280,000 thousand approved by the Board of Directors on August 15, 2024, which was mainly due to the expected impact of the US tariff policy. In response to customer requests for early delivery, the Company increased the inventory of machines, and made advanced deployment to cope with the changing market demand in the future and gain a competitive advantage in advance.

Appendix 5

Appendix 5	Appendix 5
AWEA Mechantronic Co., Ltd. Management system		Document No.	AP2121
		Prepared on	2024/11/6
		Version No.	A
Name	Ethical Corporate Management Operating Procedures and Behavior Guidelines	Document page	1
Article 1. (Purpose and Scope of Application) Based on the business philosophy of integrity, transparency, and responsibility, the Company has formulated integrity-based policies and established a sound corporate governance and risk control mechanism to create a sustainable business environment. Therefore, in accordance with the “Ethical Corporate Management Best Practice Principles for TWSE/TPEx-Listed Companies”, the Company has formulated the Ethical Corporate Management Operating Procedures and Behavior Guidelines to specifically regulate the matters that our personnel shall pay attention to when performing business. The scope of application of the Ethical Corporate Management Operating Procedures and Behavior Guidelines covers the subsidiaries of the Company, corporate bodies to which the Company directly or indirectly donates more than 50% of the funds, institutions and legal persons over which the Company has substantial control, and other group enterprises and organizations. Article 2. (Applicable Objects) The personnel of the Company referred to in the Ethical Corporate Management Operating Procedures and Behavior Guidelines refer to the directors, supervisors, managerial officers, employees, appointed persons, and those with substantial control (hereinafter referred to as substantial controllers) of the Company and group enterprises and organizations. Article 3. (Unethical Behavior) The unethical behaviors referred to in the Ethical Corporate Management Operating Procedures and Behavior Guidelines refer to the fact that the Company’s personnel shall not directly or indirectly provide, promise, request or accept any improper benefits, or engage in other unethical behaviors such as violating integrity, illegality or breach of entrusted obligations in the process of engaging in commercial activities, in order to obtain or maintain benefits (hereinafter referred to as unethical behaviors). The objects of the preceding behaviors include public officials, political candidates, political parties or party officials, as well as any public or private enterprises or institutions and their directors, supervisors, managerial officers, employees, substantial controllers or other interested parties.

AWEA Mechantronic Co., Ltd. Management system	AWEA Mechantronic Co., Ltd. Management system	Document No.	AP2121
		Prepared on	2024/11/6
		Version No.	A
Name	Ethical Corporate Management Operating Procedures and Behavior Guidelines	Document page	2
Article 4. (Benefit Types) The benefits referred to in the Ethical Corporate Management Operating Procedures and Behavior Guidelines refer to any valuable transactions, including money, gifts, commissions, positions, services, preferential treatment, kickbacks in any form or name. However, when it belongs to normal social etiquette and is occasional without affecting specific rights and obligations, this restriction is no longer applicable. Article 5. (Compliance with Laws and Regulations) The Company shall comply with the Company Act, Securities and Exchange Act, Business Entity Accounting Act, Political Donations Act, Anti-Corruption Act, Government Procurement Act, Act on Recusal of Public Servants Due to Conflicts of Interest, relevant rules and regulations of TWSE/TPEx, or other relevant laws and regulations on commercial activities, as a basic prerequisite for implementing ethical corporate management. Article 6. (Prohibition from Accepting Improper Benefits) Except for the following circumstances, the personnel of the Company can directly or indirectly accept or request benefits as stipulated in Article 4 only after they comply with the provisions of the “Ethical Corporate Management Best Practice Principles for TWSE/TPEx-Listed Companies” and the Ethical Corporate Management Operating Procedures and Behavior Guidelines, and handle it in accordance with relevant procedures: 1. Comply with the laws and regulations of the place of operation. 2. When visiting, receiving foreign guests, promoting business, and making communication and coordination at home and abroad due to business needs, the personnel do so according to local etiquette, customs, or traditions. 3. Participate in or invite others to participate in normal social activities based on normal social customs, for commercial purposes, or to promote relationships. 4. Invite customers to or be invited to participate in specific business activities, factory visits, etc. due to business needs, with the cost sharing method, number of participants, accommodation level, and duration of the previous events specified in advance. 5. Participate in folk festival activities that are publicly held and invite the general public to participate. 6. Rewards, assistance, condolences, or consolation from supervisors. 7. Other circumstance that complywith the Company’s regulations.

AWEA Mechantronic Co., Ltd. Management system	AWEA Mechantronic Co., Ltd. Management system	Document No.	AP2121
		Prepared on	2024/11/6
		Version No.	A
Name	Ethical Corporate Management Operating Procedures and Behavior Guidelines	Document page	3
Article 7. (Procedure for Handling Accepting Improper Benefits) When personnel of the Company encounter situations where others directly or indirectly provide or promise to provide benefits as stipulated in Article 4, except as provided in the preceding article, they shall follow the following procedures: Politely reject the person who provides or promises to provide such benefits, regardless of whether the position of such person has an interest. If the refusal fails, report to the responsible supervisor. The Company shall consider the nature and value of the properties mentioned in Paragraph 1 and propose appropriate suggestions such as return, payment for receipt, confiscation, or donation to charitable organizations, and execute them after approval. Article 8. (Procedure for Handling Political Contributions) The Company shall, before providing political contributions of NTD 1 million or more, report to the responsible supervisor for approval and submit to the Board of Directors for approval in accordance with the following procedures: 1. Confirm that such political contribution complies with the relevant laws and regulations of the country where the recipient is located, including the upper limit and form of providing political contribution. 2. The decisions shall be documented. 3. Political contributions shall be recorded in accordance with laws, regulations, and accounting procedures. 4. When providing political contributions, avoid engaging in commercial dealings, applying for licenses, or handling other matters involving company interests with related government agencies. Article 9. (Procedures for Handling Charitable Donations, Public Welfare Activities, or Sponsorships) The Company shall, before providing charitable donations, public welfare activities, or sponsorships of NTD 1 million or more, report to the responsible supervisor for approval and submit to the Board of Directors for approval in accordance with the following procedures: 1. Comply with the laws and regulations of the place of operation. 2. The decisions shall be documented. 3. The recipients of charitable donations shall be charitable organizations, and disguised briberyis not allowed.

AWEA Mechantronic Co., Ltd. Management system	AWEA Mechantronic Co., Ltd. Management system	Document No.	AP2121
		Prepared on	2024/11/6
		Version No.	A
Name	Ethical Corporate Management Operating Procedures and Behavior Guidelines	Document page	4
4. The return from sponsorship is clear and reasonable, and shall not involve the object of the Company’s business dealings or any person with interests related to the Company’s personnel. 5. After charitable donations, public welfare activities, or sponsorships, confirm that the purpose of the money flow is consistent with the purpose of the donation. Article 10. (Prohibition of Infringement of Intellectual Property Rights) The Company and its directors, supervisors, managerial officers, employees, appointed persons, and substantial controllers shall comply with intellectual property related regulations, the Company’s internal operating procedures, and contractual provisions; Without the consent of the intellectual property owner, no use, disclosure, disposal, damage or other infringement of intellectual property rights shall be allowed. Article 11. (Prohibition from Engaging in Unfair Competition Practices) The Company shall engage in business activities in accordance with relevant competition laws and regulations, and shall not fix prices, manipulate bidding, restrict production and quotas, or share or divide the market by allocating customers, suppliers, operating areas, or commercial types. Article 12. (Preventing Product or Service from Damaging Stakeholders) The Company and its directors, supervisors, managerial officers, employees, appointed persons, and substantial controllers shall comply with relevant regulations and international standards in the research and development, procurement, manufacturing, provision, or sale of products and services, ensure the information transparency and security of products and services, formulate and publicly disclose policies to protect the rights and interests of consumers or other stakeholders, and implement them in the operating activities to prevent direct or indirect damages to the rights, health, and safety of consumers or other stakeholders. When it is confirmed that the products or services of the Company pose a risk to the safety and health of consumers or other stakeholders, the Company shall, in principle, immediately recall such products or cease such services. Article 13. (Avoidance of Interests) The Company’s directors, supervisors, managerial officers, and other interested parties attending or present at the board meeting who, or the legal persons they represent, have an interest in the resolutions proposed by the Board of Directors shall explain the important content of their interests at the current board meeting. If there is a risk of harm to the Company’s interests, they shall express their opinions and answer questions, and shall not participate in the discussion or voting. They shall recuse themselves from the discussion and voting,and shall not exercise votingrights on behalf of other directors.

AWEA Mechantronic Co., Ltd. Management system	AWEA Mechantronic Co., Ltd. Management system	Document No.	AP2121
		Prepared on	2024/11/6
		Version No.	A
Name	Ethical Corporate Management Operating Procedures and Behavior Guidelines	Document page	5
Directors shall also exercise self-discipline, and shall not support each other. When personnel of the Company engage in company business and discover conflicts of interest with themselves or the legal persons they represent, or situations that may result in improper benefits for themselves, their spouses, parents, children, or interested parties, they shall report the relevant situation to the responsible supervisor at the same time, and the responsible supervisor shall provide appropriate guidance. Article 14. (Prohibition of Insider Trading) The Company’s personnel shall comply with the provisions of the Securities and Exchange Act and shall not engage in insider trading using undisclosed information that they are aware of, nor shall they disclose it to others, in order to prevent others from using such undisclosed information for insider trading. Article 15. (Confidentiality Agreement) Other institutions or individuals involved in the merger, demerger, acquisition, and transfer of shares, important memoranda, strategic alliances, other business cooperation plans, or important contracts of the Company shall sign a confidentiality agreement with the Company, promising not to disclose the Company’s trade secrets or other important information known to them to others, and shall not use such information without the consent of the Company. Article 16. (Public Disclosure of Ethical Corporate Management Policy) The Company shall disclose its ethical corporate management policy in internal regulations, annual reports, company website, or other promotional materials, and timely announce it in external activities such as product launches and investor conferences, so that its suppliers, customers, or other business-related organizations and personnel can clearly understand its ethical corporate management philosophy and standards. Article 17. (Explanation of Ethical Corporate Management Policy) In the process of engaging in commercial activities, the Company’s personnel shall, when necessary, explain the Company’s ethical corporate management policy and related regulations to the counter-parties, explicitly refuse to directly or indirectly provide, promise, request or accept improper benefits in any form or name, including kickbacks, commissions, facilitation fees, or providing or receiving improper benefits through other means.

AWEA Mechantronic Co., Ltd. Management system	AWEA Mechantronic Co., Ltd. Management system	Document No.	AP2121
		Prepared on	2024/11/6
		Version No.	A
Name	Ethical Corporate Management Operating Procedures and Behavior Guidelines	Document page	6
Article 18. (Specify Ethical Corporate Management in Contracts) When the Company signs a contract with others, we shall fully understand the ethical corporate management situation of the counter-party. If necessary, the compliance with ethical corporate management shall be included in the contract terms, and the contract shall specify the following matters: 1. Either party who becomes aware of any violation of contractual terms prohibiting commissions, kickbacks, or other benefits shall immediately inform the other party of the identity, manner, amount, or other benefits provided, promised, requested, or accepted by such personnel, and provide relevant evidence and cooperate with the other party’s investigation. If the Company suffers any damages as a result, the Company shall provide evidence to request compensation from the other party and deduct the amount from the contract price payable. If there are still outstanding damages, the Company reserves the right to make a claim in accordance with the law. 2. If either party engages in unethical behavior in commercial activities, the other party may terminate or cancel the contract unconditionally at any time. 3. Establish clear and reasonable payment terms, including payment location, method, and relevant tax regulations to be complied with. Article 19. (Handling of Unethical Behavior by the Company’s Personnel) When the Company discovers or receives reports of unethical behavior by our personnel, we shall immediately investigate the relevant facts. If it is proven that there has been a violation of relevant laws and regulations or the Company’s ethical corporate management policies and regulations, the Company shall immediately require the violator to stop the relevant behavior and take appropriate measures. If necessary, the Company shall also seek compensation through legal procedures to maintain the reputation and rights of the Company. The Company shall instruct relevant units to review their internal control systems and operating procedures for unethical behaviors that have already occurred, and propose improvement measures to prevent recurrence of similar behaviors. Article 20. (Handling of Unethical Behavior by the Others Against the Company) If any personnel of the Company finds unethical behavior by the others against the Company, and such behavior involves illegal activities, the Company shall notify the judicial and procuratorial authorities of the relevant facts; If there are any government agencies or officials involved,thegovernment’s anti-corruption agencyshall be notified.

AWEA Mechantronic Co., Ltd. Management system	AWEA Mechantronic Co., Ltd. Management system	Document No.	AP2121
		Prepared on	2024/11/6
		Version No.	A
Name	Ethical Corporate Management Operating Procedures and Behavior Guidelines	Document page	7
Article 21. (Establishment of Reward and Punishment, Appeal System, and Disciplinary Punishment) If any personnel of the Company violate the ethical corporate management rules, the Company will punish them according to the severity of the situation. The Company has an appeal system in place to provide remedies for those who violate these principles in accordance with relevant regulations. The Company shall disclose information such as the title and name of personnel who violate ethical corporate management, date of violation, content of violation, and handling situation in the Company. Article 22. (Implementation) The Ethical Corporate Management Operating Procedures and Behavior Guidelines have been approved and implemented by the Board of Directors, and shall be submitted to all supervisors and the shareholders’ meeting; The same applies to any amendments hereto. If the Company has already established independent directors, when submitting the Ethical Corporate Management Best Practice Principles to the Board of Directors for discussion in accordance with the provisions of the preceding paragraph, the opinions of each independent director shall be fully considered, and their objections or reservations shall be specified in the minutes of the board meeting; If independent directors are unable to attend the board meeting in person to express their objections or reservations, unless there are just causes, they shall provide written opinions in advance and record them in the minutes of the board meeting. If the Company establishes an audit committee, the provisions of these principles regarding supervisors shall also apply to the audit committee.

AI assistant

AWEA — AGM Information 2025

51853_rns_2025-06-09_f670d9fb-41f5-40f2-9a4e-db511f1a7325.pdf

2025 Annual Shareholders’ Meeting Minutes of AWEA Mechantronic Co., Ltd.

6. Questions and Motions:

[Contents of Reports]

1. 2024 Business Report.

(Parent Company Only)

(Consolidated)

2. 2024 Audit Committee’s Audit Report

3. Report on Investment Status in Mainland China.

(2) Limit on investments in Mainland China:

4. Report on the Distribution of 2024 Employees’ and Directors’ Remuneration.

5. Report on Loaning of Funds.

December 31, 2024

Appendix 1

Independent Auditors’ Report

Audit Opinion

Basis for Opinion

Key Audit Matters

Revenue recognition

Evaluation of inventories

Other Matters - References to the Audits of Other CPAs

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

February 26, 2025

Notice to Readers

Independent Auditors’ Report

Audit Opinion

Basis for Opinion

Key Audit Matters

Revenue recognition

Evaluation of inventories

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

February 26, 2025

AWEA Mechantronic Co., Ltd.

Parent Company Only Balance Sheets

AWEA Mechantronic Co., Ltd.

Parent Company Only Balance Sheets

December 31, 2024 and 2023

AWEA Mechantronic Co., Ltd.

Parent Company Only Statements of Comprehensive Income

AWEA Mechantronic Co., Ltd.

AWEA Mechantronic Co., Ltd.

Parent Company Only Statements of Cash Flows

AWEA Mechantronic Co., Ltd. and its Subsidiaries Consolidated Balance Sheets

AWEA Mechantronic Co., Ltd. and its Subsidiaries Consolidated Balance Sheets

AWEA Mechantronic Co., Ltd. and its Subsidiaries

Consolidated Statements of Comprehensive Income

AWEA Mechantronic Co., Ltd. and its Subsidiaries

Consolidated Statements of Cash Flows

Consolidated Statements of Cash Flows

Appendix 2

AWEA Mechantronic Co., Ltd.

Appendix 3

Contents and Amount of Remunerations to Directors 2024

Appendix 4

Report on the Implementation Status of Related-Party Transactions 2024

Appendix 5

More from AWEA

AWEA AGM Information 2025