CHROMA - AGM Information 2025 | FinancialReports.eu

CHROMA ATE INC.

Minutes of

2025 Annual General Shareholders’ Meeting

(Translation)

Time: 9:30am, June 10, 2025

Venue: No. 88, Wenmao Rd., Guishan Dist., Taoyuan City, Taiwan (Chroma Headquarters)

Type of meeting: physical meeting

Quorum:

Total outstanding shares of Chroma ATE Inc.: 425,322,042 shares

Non-voting shares: 1,654,579 shares

Total shares represented by shareholders present: 384,262,012 shares (including 332,279,326 shares cast electronically)

Percentage of shares held by shareholders present (excluding non-voting shares): 90.69%

Attending Directors: Leo Huang (Chairman), Tai-Jen George Chen (Independent Director), Janice

Chang (Independent Director), Ishih Tseng (Director), David Yang (Director), Lin Shui-Yung (Director).

With 6 out of 9 directors present, the quorum of a simple majority was met.

Also present: Wen-Chin Lin (CPA, Deloitte & Touche), Kuan Hao Huang, (Attorney, Huang and Partner Law Firm)

Chairman: Leo Huang (Chairman) Minutes taken by: Amy Huang

I. Call meeting to order: The number of shares represented by shareholders present has reached the statutory number. The Chairman called the meeting to order.
II. Chairman’s statements: (omitted)

III. Report items:

Business report of 2024 (Please refer to Attachment 1)
Audit committee’s review report of 2024 (Please refer to Attachment 2)
Profit distribution report of 2024 (Please refer to Meeting Agenda page 3)
Distribution of employee bonuses and directors’ remunerations in 2024 (Please refer to Meeting Agenda page 3)
Itemized list of endorsements and guarantees in 2024
(Please refer to Meeting Agenda page 3)

( No questions regarding the report items were raised by shareholders. )

IV. Acknowledgement Items

Acknowledge the 2024 Business Report and Financial Statements (proposed by the Board of Directors)

Explanatory Notes:

(1) Chroma’s 2024 Business Report, Individual Financial Statements, and Consolidated
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Financial Statements were completed. The Individual Financial Statements and Consolidated Financial Statements were audited by independent auditors Wen-Chin Lin and Chien-Liang Liu of Deloitte & Touche. The Business Report has been reviewed by the Company’s Audit Committee.

(2) Please refer to Attachments (1) and (3).
(3) Adoption of the aforementioned Business Report and Financial Statements.
(No questions regarding the acknowledgement items were raised by shareholders.) Resolution: Approved and acknowledged as proposed by the Board of Directors by voting (a total of 384,262,012 shares with voting rights were present when votes were cast; votes for approval totaled 314,441,246, among which 262,475,561 were exercised by electronic transmission; votes for rejection totaled 7,596, all of which were exercised by electronic transmission; abstentions totaled 69,813,170, among which 69,796,169 were exercised by electronic transmission; in sum, 81.82% of the total voting rights voted for approval when votes were cast).
Acknowledge the 2024 Earnings Distribution Proposal (proposed by the Board of Directors) Explanatory Notes:
(1) The 2024 Earnings Distribution Proposal has been approved by the Board of Directors and reviewed by the Company’s Audit Committee, attached hereto as Attachment (4).
(2) Adoption of the aforementioned 2024 Earnings Distribution Proposal.

(No questions regarding the acknowledgement items were raised by shareholders.)

Resolution: Approved and acknowledged as proposed by the Board of Directors by voting (a total of 384,262,012 shares with voting rights were present when votes were cast; votes for approval totaled 314,364,961, among which 262,399,279 were exercised by electronic transmission; votes for rejection totaled 730,881, all of which were exercised by electronic transmission; abstentions totaled 69,166,170, among which 69,149,169 were exercised by electronic transmission; in sum, 81.81% of the total voting rights voted for approval when votes were cast).

V. Discussion Items

Amendments to Articles of Incorporation (Proposed by Board of Directors) Explanatory Notes:
(1) In accordance with Article 14 , paragraph 6 of the Securities and Exchange Act, it was proposed to revise Article 34 of the Articles of Incorporation of the Company.
(2) The Comparison Table for the amendments to the Articles of Incorporation is attached hereto as Attachment (5).
(3) The proposed amendments were submitted for discussion.

(No questions regarding the discussion items were raised by shareholders.)

Resolution: Approved and acknowledged as proposed by the Board of Directors by voting

(a total of 384,262,012 shares with voting rights were present when votes were
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cast; votes for approval totaled 315,063,247, among which 263,097,562 were exercised by electronic transmission; votes for rejection totaled 8,696, all of which were exercised by electronic transmission; abstentions totaled 69,190,069, among which 69,173,068 were exercised by electronic transmission; in sum, 81.99% of the total voting rights voted for approval when votes were cast).

VI. Special Motions: There were no extraordinary motions.
(No questions regarding the special motions were raised by shareholders.)
VII. Meeting Adjourned: 09:51AM, June 10, 2025. The Chairman announced the meeting was adjourned.

(The minutes of this Annual General Shareholders’ Meeting provide only a summary of the key discussion points and the results of each agenda item. The detailed proceedings of the meeting, including the full process and all statements made by shareholders and other participants, shall be based on the official audio and video recordings.)

ATTACHMENT 1

Business Report

In 2024, the global market remained sluggish, with manufacturers continuing to adjust and digest inventory while expanding production capacity at a slow pace. However, the rapid rise of the AI industry drove strong demand for high-end semiconductors. Our company successfully captured this emerging demand, achieving excellent business results. Last year, the parent company’s revenue reached NT$15,652 million, with group revenue at NT$21,604 million, reflecting a yearon-year growth of 16%. Net profit after tax was NT$5,264 million, marking an annual growth of 32% with basic earnings per share of NT$12.49.

Looking back at last year, our semiconductor-related testing system products not only met China’s demand for mature process IC testing, but also successfully addressed the need for systemlevel functional testing of AI semiconductors, driving a remarkable 135% revenue growth. However, our power electronics testing instruments faced declining demand due to the weak market, leading to a 16% revenue decline. Meanwhile, within the group, MAS Automation achieved a revenue growth of 33%, and the overall group revenue grew by 16%, delivering an impressive performance. Additional consolidated financial figures are listed in the table below.

Financial Analysis

	Financial Analysis
	Item	2024	2023
Capital Structure (%)	Debt-to-Asset Ratio	31.78	32.75
	Long-term Fund to Property, Plant, and Equipment Ratio	417.97	349.57
Liquidity (%)	Current Ratio	211.61	187.34
	Quick Ratio	141.51	128.32
Profitability (%)	Return on Assets	14.97	11.97
	Return on Equity	22.48	18.37
	Net Profit Margin	24.37	21.31

Looking ahead to 2025, geopolitical conflicts and the shift from global free trade to protectionism have introduced uncertainties in industry roadmaps and market demand. Nevertheless, the booming AI industry continues to drive demand for high-end semiconductors and advanced packaging. In response to these trends, our company will implement the following measures to seize business opportunities and sustain revenue and profit growth:

Accelerate the development of metrology solutions for high-end semiconductor and advanced packaging processes.
Continue to expand our customer base by securing first-tier global clients.
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Closely monitor new industry roadmaps, allocate resources strategically, and promptly meet customer needs.

Finally, we would like to express our sincere gratitude for the long-term support and encouragement of our shareholders. We wish you all good health and great success in the year ahead!

Chairman CEO CFO Leo Huang Leo Huang Paul Ying

ATTACHMENT 2

Audit Committee’s Review Report

The Board of Directors has prepared the Company’s 2024 Business Report, Individual Financial Statements, Consolidated Financial Statements, and Earnings Distribution Proposal. The CPA firm of Deloitte and Touche was retained to audit Chroma’s Individual Financial Statements and Consolidated Financial Statements. The Business Report, Financial Statements, and Earnings Distribution Proposal have been reviewed and determined to be correct and accurate by the Audit Committee members of CHROMA ATE INC. In compliance with Article 14-4 of Securities and Exchange Act and Article 219 of the Company Act, we hereby submit this report.

CHROMA ATE INC.

Convener of Audit Committee

Steven Wu

February 27[th] , 2025

ATTACHMENT 3

INDEPENDENT AUDITORS’ REPORT

The Board of Directors and Shareholders

Chroma ATE Inc.

Opinion

We have audited the accompanying consolidated financial statements of Chroma ATE Inc. and its subsidiaries (collectively as the “Group”), which comprise the consolidated balance sheets as of December 31, 2024 and 2023, and the consolidated statements of comprehensive income, changes in equity and cash flows for the years then ended, and the notes to the consolidated financial statements, including material accounting policy information (collectively referred to as the “consolidated financial statements”).

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

Basis for Opinion

We conducted our audits in accordance with the Regulations Governing Financial Statement Audit and Attestation Engagements of Certified Public Accountants and the Standards on Auditing of the Republic of China. Our responsibilities under those standards are further described in the Auditors’ Responsibilities for the Audit of the Consolidated Financial Statements section of our report. We are independent of the Group in accordance with The Norm of Professional Ethics for Certified Public Accountant of the Republic of China, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion based on our audits and the report of other auditors.

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. 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 matter of the consolidated financial statements for the year ended December 31, 2024 is stated as follows:

Occurrence of Sales Revenue from Specific Customers

The Group mainly sells test instruments and other products. In 2024, the revenue from specific customers had changed significantly as compared with last year. Considering that there may be greater risks of fraud in revenue recognition and that the management could be under pressure to meet expected financial goals, we identified the occurrence of sales revenue from specific customers as a key audit matter.

The main audit procedures we performed for the aforementioned matter are as follows:

We obtained an understanding of and tested the processes of internal controls related to the sales cycle and evaluated the effectiveness of design and implementation.
We obtained sales details, selected samples and performed test of details, and we verified the documents such as sales order, delivery orders and invoices and confirmed the occurrence of sales revenue.
We obtained samples of sales details and tested for any significant difference in customers and the amount of the receivables, or whether they are still within the credit period, to confirm the occurrence of sales revenue.

Other Matter

The financial statements of some investees included in the financial statements were audited by other auditors. Our opinion, insofar as it relates to the amounts included in the accompanying financial statement for investees, is based solely on the reports of other auditors. As of December 31, 2024 and 2023, the carrying amounts of investments accounted for using the equity method were NT$4,385,973 thousand and NT$3,795,310 thousand, respectively, representing 12% and 11%, respectively, of the total assets. For the years ended December 31, 2024 and 2023, the related shares of profit or loss of associates were NT$607,618 thousand and NT$376,649 thousand, respectively, representing 9% and 7%, respectively, of the profit before income tax.

We have also audited the parent company only financial statements of Chroma ATE Inc. as of and for the years ended December 31, 2024 and 2023 on which we have issued an unmodified opinion with the other matter section.

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 IFRS, IAS, IFRIC and SIC endorsed and issued into effect by the FSC of the Republic of China, 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 the Group’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Group or to cease operations, or has no realistic alternative but to do so.

Those charged with governance, including the audit committee, are responsible for overseeing the Group’s 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 Standards on Auditing of the Republic of China will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these consolidated financial statements.

As part of an audit in accordance with the Standards on Auditing of 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 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. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Group’s internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.
Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Group’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 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 the Group to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the consolidated financial statements, including the disclosures, and whether the consolidated financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
Obtain sufficient and appropriate audit evidence regarding the financial information of 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 group audit. We remain solely responsible for our audit opinion.

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

We also provide those charged with governance with statements 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 consolidated financial statements 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.

The engagement partners on the audits resulting in this independent auditors’ report are Wen-Chin Lin and Chien-Liang Liu.

Deloitte & Touche Taipei, Taiwan Republic of China

February 24, 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.

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CHROMA ATE INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS DECEMBER 31, 2024 AND 2023

(In Thousands of New Taiwan Dollars)

ASSETS CURRENT ASSETS Cash and cash equivalents (Note 6) Financial assets at fair value through profit or loss (Note 7) Financial assets at fair value through other comprehensive income (Note 8) Financial assets at amortized cost (Notes 9 and 31) Contract assets (Note 22) Notes receivable (Note 10) Trade receivables (Notes 5 and 10) Trade receivables - related parties (Notes 10 and 30) Inventories (Note 11) Prepayments Other current assets Total current assets NON-CURRENT ASSETS Financial assets at fair value through profit or loss (Note 7) Financial assets at fair value through other comprehensive income (Note 8) Financial assets at amortized cost (Notes 9 and 31) Investments accounted for using the equity method (Note 13) Property, plant and equipment (Notes 14, 30 and 31) Right-of-use assets (Note 15) Investment properties (Note 16) Goodwill (Note 17) Intangible assets Deferred tax assets (Note 24) Prepayments for equipment Refundable deposits Prepayments for investment Other non-current assets (Note 20) Total non-current assets TOTAL LIABILITIES AND EQUITY CURRENT LIABILITIES Short-term borrowings (Notes 18 and 31) Contract liabilities (Note 22) Notes payable Notes payable - related parties (Note 30) Trade payables Trade payables - related parties (Note 30) Other payables (Note 19) Current tax liabilities Lease liabilities (Notes 15 and 30) Current portion of long-term borrowings (Notes 18 and 31) Other current liabilities Total current liabilities NON-CURRENT LIABILITIES Long-term borrowings (Notes 18 and 31) Deferred tax liabilities (Note 24) Lease liabilities (Notes 15 and 30) Net defined benefit liabilities (Note 20) Guarantee deposits received Other non-current liabilities Total non-current liabilities Total liabilities EQUITY ATTRIBUTABLE TO OWNERS OF THE CORPORATION (Note 21) Ordinary share capital Capital surplus Retained earnings Legal reserve Special reserve Unappropriated earnings Total retained earnings Other equity Treasury shares Total equity attributable to owners of the Corporation NON-CONTROLLING INTERESTS Total equity TOTAL		2024 Amount % $ 4,099,223 11 461,741 1 73,778 - 405,560 1 272,090 1 232,855 1 5,827,117 15 10,258 - 5,458,484 15 313,773 1 270,507 1 17,425,386 47 80,530 - 1,247,260 3 235,819 1 4,876,005 13 6,955,641 19 329,592 1 2,478,333 7 193,144 - 95,543 - 386,421 1 2,838,181 8 25,775 - - - 139,952 - 19,882,196 53 $ 37,307,582 100 $ 1,413,607 4 777,907 2 34,367 - 4,024 - 3,059,024 8 8,630 - 2,036,854 6 674,728 2 154,376 - 3,828 - 67,440 - 8,234,785 22 2,108,078 6 1,210,044 3 194,610 1 79,587 - 20,839 - 9,938 - 3,623,096 10 11,857,881 32 4,253,220 12 4,597,402 12 4,142,360 11 86,888 - 10,934,111 30 15,163,359 41 893,566 2 (30,868) - 24,876,679 67 573,022 1 25,449,701 68 $ 37,307,582 100		2023
				Amount % $ 4,132,261 12 331,348 1 74,506 - 256,079 1 543,318 2 297,335 1 5,040,498 15 7,143 - 4,675,370 14 294,167 1 120,128 - 15,772,153 47 4,205 - 1,240,888 4 141,988 1 4,265,058 13 7,169,684 21 308,608 1 2,478,333 7 189,400 1 68,650 - 424,568 1 1,273,532 4 24,122 - 33,120 - 87,239 - 17,709,395 53 $ 33,481,548 100 $ 2,131,550 6 1,190,461 4 26,701 - 771 - 2,587,268 8 3,242 - 1,788,036 5 456,913 1 145,813 1 4,244 - 83,806 - 8,418,805 25 989,835 3 1,185,641 4 191,552 1 153,235 - 20,834 - 4,761 - 2,545,858 8 10,964,663 33 4,253,644 13 4,544,870 13 3,747,675 11 86,888 - 9,004,779 27 12,839,342 38 348,888 1 (30,868) - 21,955,876 65 561,009 2 22,516,885 67 $ 33,481,548 100

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

(With Deloitte & Touche auditors’ report dated February 24, 2025)

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CHROMA ATE INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars, Except Earnings Per Share)

NET OPERATING REVENUE (Notes 22 and 30) OPERATING COSTS (Notes 11, 23 and 30) GROSS PROFIT UNREALIZED GAIN ON TRANSACTIONS WITH ASSOCIATES AND JOINT VENTURES REALIZED GAIN ON TRANSACTIONS WITH ASSOCIATES AND JOINT VENTURES REALIZED GROSS PROFIT OPERATING EXPENSES (Notes 23 and 30) Selling and marketing expenses General and administrative expenses Research and development expenses Expected credit impairment losses Total operating expenses PROFIT FROM OPERATIONS NON-OPERATING INCOME AND EXPENSES Finance costs Share of profit of associates and joint ventures accounted for using the equity method (Note 13) Interest income Dividend income Other income (Note 27) Gain on disposal of property, plant and equipment Gains on disposal of intangible assets Gain on disposal of investments accounted for using the equity method Gain on lease modification Foreign exchange gain (loss) Gain (loss) on financial assets at fair value through profit or loss Other expenses Impairment loss (Note 17) Total non-operating income and expenses		2024 Amount % $ 21,603,837 100 8,857,861 41 12,745,976 59 - - 259 - 12,746,235 59 3,497,955 16 1,520,622 7 2,198,622 10 46,870 1 7,264,069 34 5,482,166 25 (44,672) - 668,580 3 92,552 1 39,295 - 170,592 1 8,661 - 24 - 46,589 - 26 - 250,220 1 9,053 - (14,523) - - - 1,226,397 6		2023
				Amount % $ 18,676,043 100 7,918,828 42 10,757,215 58 (229) - - - 10,756,986 58 2,944,801 16 1,368,412 7 1,757,322 10 13,614 - 6,084,149 33 4,672,837 25 (60,664) - 437,570 2 85,256 - 59,108 - 137,205 1 1,317 - - - 7,627 - 148 - (57,769) - (36,109) - (36,314) - (44,129) - 493,246 3 (Continued)

CHROMA ATE INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars, Except Earnings Per Share)

PROFIT BEFORE INCOME TAX INCOME TAX EXPENSE (Note 24) NET PROFIT FOR THE YEAR OTHER COMPREHENSIVE INCOME (LOSS) Items that will not be reclassified subsequently to profit or loss: Remeasurement of defined benefit plans (Note 20) Unrealized gain or loss on investments in equity investments designated as at fair value through other comprehensive income Share of the other comprehensive income (loss) of associates and joint ventures accounted for using the equity method Items that may be reclassified subsequently to profit or loss: Exchange differences on translating the financial statements of foreign operations Share of the other comprehensive income (loss) of associates and joint ventures accounted for using the equity method Total other comprehensive income TOTAL COMPREHENSIVE INCOME NET PROFIT ATTRIBUTABLE TO: Owners of the Corporation Non-controlling interests TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO: Owners of the Corporation Non-controlling interests		2024 Amount % $ 6,708,563 31 1,308,450 6 5,400,113 25 49,129 - (35,653) - 11,024 - 279,961 2 276,792 1 581,253 3 $ 5,981,366 28 $ 5,264,251 24 135,862 1 $ 5,400,113 25 $ 5,821,526 27 159,840 1 $ 5,981,366 28		2023
				Amount % $ 5,166,083 28 1,070,409 6 4,095,674 22 (19,803) - (34,128) (1) (42) - (41,924) - (4,344) - (100,241) (1) $ 3,995,433 21 $ 3,979,247 21 116,427 1 $ 4,095,674 22 $ 3,877,351 21 118,082 - $ 3,995,433 21 (Continued)

CHROMA ATE INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars, Except Earnings Per Share)

EARNINGS PER SHARE (NT$; Note 25) Basic Diluted	2024 Amount % $ 12.49 $ 12.38	2023
		Amount % $ 9.45 $ 9.37

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

(With Deloitte & Touche auditors’ report dated February 24, 2025) (Concluded)

CHROMA ATE INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars)

	Equity Attributable to O	Equity Attributable to O	wners of the Corporation	wners of the Corporation
Ordinary Share Capital Capital Surplus $ 4,253,970 $ 4,502,473 - - - - - 29,389 - - - - - - - 13,238 - (556 ) - - (326 ) 326 - - - - - - 4,253,644 4,544,870 - - - - - 42,676 (48 ) 353 - - - - - - - 10,920 - (3,417 ) - - - 1,624 (376 ) 376 - - - - - - - - $ 4,253,220 $ 4,597,402	Retained Earnings	Total $ 12,295,670 - (3,403,176 ) - 3,979,247 (20,252) 3,958,995 - - (12,137 ) - - - (10) 12,839,342 - (2,807,405 ) - - 5,264,251 49,854 5,314,105 - - (206,011 ) - - - - 23,297 31 $ 15,163,359	Other Equity		Total Treasury Shares $ 339,463 $ (30,868 ) - - - - - - - - (81,644) - (81,644) - - - - - - - 91,059 - - - - - 10 - 348,888 (30,868 ) - - - - - - - - - - 507,421 - 507,421 - - - - - (1,407 ) - - - 61,992 - - - - - (23,297 ) - (31) - $ 893,566 $ (30,868)
			Exchange Unrealized Gain Differences on (Loss) on Financial Translating the Assets at Fair Value Financial Statements through Other of Foreign Comprehensive Un Operations Income $ (90,349 ) $ 629,871 - - - - - - - - (47,140) (34,504) (47,140) (34,504) - - - - - - - - - - - - - 10 (137,489 ) 595,377 - - - - - - - - - - 532,790 (25,369) 532,790 (25,369) - - - - (1,407 ) - - - - - - - - - - (23,297 ) - (31) $ 393,894 $ 546,680	earned Employee Benefit $ (200,059 ) - - - - - - - - - 91,059 - - - (109,000 ) - - - - - - - - - - - 61,992 - - - - $ (47,008)
	Unappropriated Legal Reserve Special Reserve Earnings $ 3,237,808 $ 86,888 $ 8,970,974 509,867 - (509,867 ) - - (3,403,176 ) - - - - - 3,979,247 - - (20,252) - - 3,958,995 - - - - - - - - (12,137 ) - - - - - - - - - - - (10) 3,747,675 86,888 9,004,779 394,685 - (394,685 ) - - (2,807,405 ) - - - - - - - - 5,264,251 - - 49,854 - - 5,314,105 - - - - - - - - (206,011 ) - - - - - - - - - - - - - - 23,297 - - 31 $ 4,142,360 $ 86,888 $ 10,934,111

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

(With Deloitte & Touche auditors’ report dated February 24, 2025)

CHROMA ATE INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars)

CASH FLOWS FROM OPERATING ACTIVITIES Income before income tax Adjustments for: Depreciation expenses Amortization expenses Expected credit loss recognized on trade receivables (Gain) loss on financial assets at fair value through profit or loss Finance costs Interest income Dividend income Compensation costs of share-based payment Share of profit of associates and joint ventures accounted for using the equity method Gain on disposal of property, plant and equipment Gain on disposal of intangible assets Gain on disposal of investments accounted for using the equity method (Reversal) write-downs of inventories Impairment loss (Realized) unrealized gain on transactions with associates Net (gain) loss on foreign currency exchange Gain on lease modification Gain from bargain purchase Net changes in operating assets and liabilities Contract assets Notes receivable Trade receivables Inventories Prepayments Other current assets Contract liabilities Notes payable Trade payables Other payables Other current liabilities Net defined benefit liabilities Cash generated from operations Income tax paid Net cash generated from operating activities	2024 $ 6,708,563 744,792 30,370 46,870 (9,053) 44,672 (92,552) (39,295) 61,997 (668,580) (8,661) (24) (46,589) (35,254) - (259) (31,985) (26) (721) 271,228 64,480 (655,928) (816,026) (32,945) (158,191) (412,554) 10,919 447,544 416,585 (16,366) (24,519) 5,798,492 (1,014,562) 4,783,930	2023 $ 5,166,083 722,446 24,148 13,614 36,109 60,664 (85,256) (59,108) 91,060 (437,570) (1,317) - (7,627) 36,296 44,129 229 13,487 (148) - 547,339 18,212 (654,175) (48,989) (12,921) 94,003 (466,195) (14,200) (303,339) 14,615 (104,349) (22,187) 4,665,053 (1,256,643) 3,408,410 (Continued)

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CHROMA ATE INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars)

CASH FLOWS FROM INVESTING ACTIVITIES Purchase of financial assets at fair value through other comprehensive income Proceeds from disposal of financial assets at fair value through other comprehensive income Proceeds from capital reduction of financial assets at fair value through other comprehensive income Increase in financial assets at amortized cost Decrease in financial assets at amortized cost Payments to acquire financial assets at fair value through profit or loss Proceeds from disposal of financial assets at fair value through profit or loss Disposal of investments accounted for using the equity method Increase in prepayments for investments Net cash inflow on acquisition of subsidiaries Payments for property, plant and equipment Proceeds from disposal of property, plant and equipment (Increase) decrease in refundable deposits Payments to acquire intangible assets Proceeds from disposal of intangible assets (Increase) decrease in other non-current assets Increase in prepayments for equipment Interest received Dividends received Net cash used in investing activities CASH FLOWS FROM FINANCING ACTIVITIES Increase in short-term borrowings Decrease in short-term borrowings Proceeds from long-term borrowings Repayments of long-term borrowings Increase (decrease) in guarantee deposits Repayment of the lease principal Increase (decrease) in other non-current liabilities Cash dividends paid Acquisition of ownership interests in subsidiary Interest paid Dividends paid to non-controlling interests Unclaimed dividends Net cash used in financing activities EFFECTS OF EXCHANGE RATE CHANGES ON THE BALANCE OF CASH HELD IN FOREIGN CURRENCIES	2024 $ (299,163) 291,626 7,198 (452,854) 225,169 (510,912) 324,196 74,669 - 684 (166,944) 53,599 (1,653) (57,185) 207 (47,987) (1,837,836) 92,561 413,740 (1,890,885) 12,991,745 (13,709,298) 1,150,000 (39,365) 5 (186,181) 5,177 (2,807,405) (262,439) (49,917) (89,780) 305 (2,997,153) 71,070	2023 $ (133,247) - 10,151 (245,517) 394,063 (569,134) 596,755 11,115 (33,120) - (545,924) 11,069 657 (15,557) - 457 (1,074,808) 84,504 114,458 (1,394,078) 8,912,700 (8,599,360) 885,000 (1,262,231) (40,089) (171,161) (2,410) (3,403,176) - (70,559) (81,184) - (3,832,470) 8,887

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CHROMA ATE INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars)

2024 NET DECREASE IN CASH AND CASH EQUIVALENTS $ (33,038) CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR 4,132,261 CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR $ 4,099,223 The accompanying notes are an integral part of the consolidated financial statements. (With Deloitte & Touche auditors’ report dated February 24, 2025)	2023 $ (1,809,251) 5,941,512 $ 4,132,261 (Concluded)

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INDEPENDENT AUDITORS’ REPORT

The Board of Directors and Shareholders Chroma ATE Inc.

Opinion

We have audited the accompanying parent company only financial statements of Chroma ATE Inc. (the “Corporation”), which comprise the parent company only balance sheets as of December 31, 2024 and 2023, and the parent company only statements of comprehensive income, changes in equity and cash flows for the years then ended, and the notes to the parent company only financial statements, including material accounting policy information (collectively referred to as the “parent company only financial statements”).

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

Basis for Opinion

We conducted our audits in accordance with the Regulations Governing Financial Statement Audit and Attestation Engagements of Certified Public Accountants and the Standards on Auditing of the Republic of China. Our responsibilities under those standards are further described in the Auditors’ Responsibilities for the Audit of the Parent Company Only Financial Statements section of our report. We are independent of the Corporation in accordance with The Norm of Professional Ethics for Certified Public Accountant of the Republic of China, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion based on our audits and the report of other auditors.

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. These matters were addressed in the context of our audit of the parent company only financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.

19 -

Key audit matter of the parent company only financial statements for the year ended December 31, 2024 is described as follows:

Occurrence of Sales Revenue from Specific Customers

The Corporation and its subsidiaries mainly sell test instruments and other products. In 2024, the revenue from specific customers had changed significantly as compared with last year. Considering that there may be greater risks of fraud in revenue recognition and the management could be under pressure to meet expected financial goals, we identified the occurrence of sales revenue from specific customers as a key audit matter.

The main audit procedures we performed for the aforementioned matter are as follows:

We obtained an understanding of and tested the processes of internal controls related to the sales cycle and evaluated the effectiveness of design and implementation.
We obtained sales details, selected samples and performed test of details, and we verified the documents such as sales order, delivery orders and invoices and confirmed the occurrence of sales revenue.
We obtained samples of sales details and tested for any significant difference in customers and the amount of the receivables, or whether they are still within the credit period, to confirm the occurrence of sales revenue.

Other Matter

The parent company only financial statements of some investees included in the parent company only financial statements were audited by other auditors. Our opinion, insofar as it relates to the amounts included in the accompanying parent company only financial statement for investees, is based solely on the reports of other auditors. As of December 31, 2024 and 2023, the carrying amounts of investments accounted for using the equity method were NT$4,385,973 thousand and NT$3,795,310 thousand, respectively, both representing 13% of the total assets. For the years ended December 31, 2024 and 2023, the related shares of profit or loss of associates were NT$607,618 thousand and NT$376,649 thousand, respectively, representing 10% and 8%, respectively, of the profit before income tax.

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 the Corporation’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Corporation or to cease operations, or has no realistic alternative but to do so.

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

20 -

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 Standards on Auditing of the Republic of China will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these parent company only financial statements.

As part of an audit in accordance with the Standards on Auditing of 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. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Corporation’s internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.
Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Corporation’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors’ report to the related disclosures in the parent company only financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors’ report. However, future events or conditions may cause the Corporation to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the parent company only financial statements, including the disclosures, and whether the parent company only financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
Obtain sufficient and appropriate audit evidence regarding the financial information of entities or business activities within the Corporation to express an opinion on the parent company only financial statements. We are responsible for the direction, supervision and performance of the audit. We remain solely responsible for our audit opinion.

21 -

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 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.

The engagement partners on the audits resulting in this independent auditors’ report are Wen-Chin Lin and Chien-Liang Liu.

Deloitte & Touche Taipei, Taiwan Republic of China

February 24, 2025

Notice to Readers

The accompanying parent company only financial statements are intended only to present the 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 .

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CHROMA ATE INC.

PARENT COMPANY ONLY BALANCE SHEETS DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars)

ASSETS CURRENT ASSETS Cash and cash equivalents (Note 6) Notes receivable (Note 9) Notes receivable - related parties (Notes 9 and 27) Trade receivables (Notes 5 and 9) Trade receivables - related parties (Notes 9 and 27) Other receivables - related parties (Note 27) Inventories (Notes 5 and 10) Prepayments (Note 27) Other current assets Total current assets NON-CURRENT ASSETS Financial assets at fair value through profit or loss (Note 7) Financial assets at fair value through other comprehensive income (Note 8) Investments accounted for using the equity method (Notes 11 and 27) Property, plant and equipment (Notes 12 and 27) Right-of-use assets (Note 13) Investment properties (Note 14) Goodwill (Note 15) Intangible assets Deferred tax assets (Note 22) Prepayments for equipment (Note 27) Refundable deposits Prepayments for investments Total non-current assets TOTAL LIABILITIES AND EQUITY CURRENT LIABILITIES Short-term borrowings (Note 16) Contract liabilities (Notes 20 and 27) Trade payables Trade payables - related parties (Note 27) Other payables (Note 17) Current tax liabilities (Note 22) Lease liabilities (Notes 13 and 27) Other current liabilities Total current liabilities NON-CURRENT LIABILITIES Long-term borrowings (Note 16) Deferred tax liabilities (Note 22) Lease liabilities (Notes 13 and 27) Net defined benefit liabilities (Note 18) Guarantee deposits received Total non-current liabilities Total liabilities EQUITY ATTRIBUTABLE TO OWNERS OF THE CORPORATION (Note 19) Ordinary share capital Capital surplus Retained earnings Legal reserve Special reserve Unappropriated earnings Total retained earnings Other equity Treasury shares Total equity TOTAL		2024 Amount % $ 809,780 3 164 - 252 - 1,456,631 4 4,989,358 15 182,349 1 3,861,769 11 104,667 - 110,800 - 11,515,770 34 80,530 - 1,209,291 4 10,033,926 29 5,649,734 17 83,013 - 2,478,333 7 94,424 - 54,124 - 284,036 1 2,589,771 8 11,206 - - - 22,568,388 66 $ 34,084,158 100 $ 1,329,507 4 178,199 - 2,085,302 6 68,383 - 1,546,981 5 605,160 2 49,709 - 35,245 - 5,898,486 17 2,000,000 6 1,163,710 4 45,095 - 79,587 - 20,601 - 3,308,993 10 9,207,479 27 4,253,220 12 4,597,402 14 4,142,360 12 86,888 - 10,934,111 32 15,163,359 44 893,566 3 (30,868) - 24,876,679 73 $ 34,084,158 100		2023
				Amount % $ 1,308,296 4 9,263 - - - 1,237,989 4 2,794,258 9 199,950 1 3,247,863 11 203,673 1 54,058 - 9,055,350 30 4,205 - 1,079,856 4 9,425,915 32 5,908,919 20 95,124 - 2,478,333 9 94,424 - 36,631 - 306,200 1 1,171,462 4 10,375 - 62,573 - 20,674,017 70 $ 29,729,367 100 $ 2,000,000 7 190,532 1 1,498,816 5 16,339 - 1,394,603 5 333,006 1 48,261 - 52,789 - 5,534,346 19 850,000 3 1,148,250 4 67,035 - 153,235 - 20,625 - 2,239,145 7 7,773,491 26 4,253,644 15 4,544,870 15 3,747,675 13 86,888 - 9,004,779 30 12,839,342 43 348,888 1 (30,868) - 21,955,876 74 $ 29,729,367 100

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

(With Deloitte & Touche auditors’ report dated February 24, 2025)

23 -

CHROMA ATE INC.

PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars, Except Earnings Per Share)

OPERATING REVENUE (Notes 20 and 27) Sales Less: Sales returns Sales allowances Net operating revenue OPERATING COSTS (Notes 10, 21 and 27) GROSS PROFIT UNREALIZED GAIN ON TRANSACTIONS WITH SUBSIDIARIES AND ASSOCIATES REALIZED GAIN ON TRANSACTIONS WITH SUBSIDIARIES AND ASSOCIATES REALIZED GROSS PROFIT OPERATING EXPENSES (Notes 21 and 27) Selling and marketing expenses General and administrative expenses Research and development expenses Expected credit loss Total operating expenses PROFIT FROM OPERATIONS NON-OPERATING INCOME AND EXPENSES Finance costs Share of profit of subsidiaries, associates and joint ventures (Note 11) Interest income Rental income Dividend income Other income Gain on disposal of property, plant and equipment Gain on disposal of investments accounted for using the equity method Gain on financial assets at fair value through profit or loss Foreign exchange gain (loss)		2024 Amount % $ 15,676,879 100 (3,219) - (21,591) - 15,652,069 100 6,950,372 45 8,701,697 55 - - 5,780 - 8,707,477 55 1,328,527 8 866,224 6 1,924,168 12 1,000 - 4,119,919 26 4,587,558 29 (29,494) - 1,253,428 8 21,218 - 14,099 - 39,083 - 110,069 1 7,892 - 46,589 - 12,521 - 224,708 2		2023
				Amount % $ 12,535,645 100 (1,877) - (3,994) - 12,529,774 100 5,520,808 44 7,008,966 56 (196,706) (2) - - 6,812,260 54 1,015,211 8 745,399 6 1,541,683 12 7,000 - 3,309,293 26 3,502,967 28 (39,026) - 1,209,407 10 31,426 - 14,402 - 30,313 - 45,422 - 1,339 - 7,627 - 930 - (52,577) - (Continued)

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CHROMA ATE INC.

PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars, Except Earnings Per Share)

Other expenses Impairment loss Total non-operating income and expenses PROFIT BEFORE INCOME TAX INCOME TAX EXPENSE (Note 22) NET PROFIT FOR THE YEAR OTHER COMPREHENSIVE INCOME (LOSS) Items that will not be reclassified subsequently to profit or loss: Remeasurement of defined benefit plans (Note 18) Unrealized gain or loss on investments in equity investments designated as at fair value through other comprehensive income Share of the other comprehensive income (loss) of subsidiaries, associates and joint ventures accounted for using the equity method Items that may be reclassified subsequently to profit or loss: Exchange differences on translating the financial statements of foreign operations Share of the other comprehensive income (loss) of associates and joint ventures accounted for using the equity method Total other comprehensive income (loss) TOTAL COMPREHENSIVE INCOME EARNINGS PER SHARE (NT$; Note 23) Basic Diluted		2024 Amount % $ (1,552) - - - 1,698,561 11 6,286,119 40 1,021,868 6 5,264,251 34 48,451 - 55,933 - (79,899) - 255,998 1 276,792 2 557,275 3 $ 5,821,526 37 $ 12.49 $ 12.38		2023
				Amount % $ (850) - (44,129) - 1,204,284 10 4,707,251 38 728,004 6 3,979,247 32 (22,675) (1) (12,888) - (19,193) - (42,796) - (4,344) - (101,896) (1) $ 3,877,351 31 $ 9.45 $ 9.37





		$		$

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

(With Deloitte & Touche auditors’ report dated February 24, 2025) (Concluded)

25 -

PARENT COMPANY ONLY STATEMENTS OF CHANGES IN EQUITY FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars)

CHROMA ATE INC.

Ordinary Share Capital Capital Surplus BALANCE AT JANUARY 1, 2023 $ 4,253,970 $ 4,502,473 Appropriation of the 2022 earnings Legal reserve - - Cash dividends - NT$8.0 per share - - Change in capital surplus from investments in associates and joint ventures accounted for using the equity method - 29,389 Net profit for the year ended December 31, 2023 - - Other comprehensive income (loss) for the year ended December 31, 2023 - - Total comprehensive income (loss) for the year ended December 31, 2023 - - Adjustment of capital surplus for the Corporation's cash dividends received by subsidiary - 13,238 Disposal of investments accounted for using the equity method - (556 ) Changes in ownership interests in subsidiaries - - Share-based payment (326 ) 326 Unrealized gain or loss transferred to retained earnings from disposal of equity instruments designated at fair value through other comprehensive income and investments accounted for using the equity method - - BALANCE AT DECEMBER 31, 2023 4,253,644 4,544,870 Appropriation of the 2023 earnings Legal reserve - - Cash dividends - NT$6.6 per share - - Change in capital surplus from investments in associates and joint ventures accounted for using the equity method - 42,676 Unclaimed dividends (48 ) 353 Net profit for the year ended December 31, 2024 - - Other comprehensive income (loss) for the year ended December 31, 2024 - - Total comprehensive income (loss) for the year ended December 31, 2024 - - Adjustment of capital surplus for the Corporation's cash dividends received by subsidiary - 10,920 Disposal of investments accounted for using the equity method - (3,417 ) Difference between consideration and carrying amount of subsidiaries acquired or disposed - - Changes in ownership interests in subsidiaries - 1,624 Share-based payment (376 ) 376 Unrealized gain or loss transferred to retained earnings from disposal of equity instruments designated at fair value through other comprehensive income - - Unrealized gain or loss transferred to retained earnings from disposal of equity instruments designated at fair value through other comprehensive income and investments accounted for using the equity method - - BALANCE AT DECEMBER 31, 2024 $ 4,253,220 $ 4,597,402		Retained Earnings	Total $ 12,295,670 - (3,403,176 ) - 3,979,247 (20,252) 3,958,995 - - (12,137 ) - (10) 12,839,342 - (2,807,405 ) - - 5,264,251 49,854 5,314,105 - - (206,011 ) - - 23,297 31 $ 15,163,359	Other Equity	Total Treasury Shares $ 339,463 $ (30,868 ) - - - - - - - - (81,644) - (81,644) - - - - - - - 91,059 - 10 - 348,888 (30,868 ) - - - - - - - - - - 507,421 - 507,421 - - - - - (1,407 ) - - - 61,992 - (23,297 ) - (31) - $ 893,566 $ (30,868)	Total Equity $ 21,360,708 - (3,403,176 ) 29,389 3,979,247 (101,896) 3,877,351 13,238 (556 ) (12,137 ) 91,059 - 21,955,876 - (2,807,405 ) 42,676 305 5,264,251 557,275 5,821,526 10,920 (3,417 ) (207,418 ) 1,624 61,992 - - $ 24,876,679
				Unrealized Gain Exchange (Loss) on Differences on Financial Assets at Translating the Fair Value Financial Through Other Statements of Comprehensive Unearned Foreign Operations Income Employee Benefit $ (90,349 ) $ 629,871 $ (200,059 ) - - - - - - - - - - - - (47,140) (34,504) - (47,140) (34,504) - - - - - - - - - - - - 91,059 - 10 - (137,489 ) 595,377 (109,000 ) - - - - - - - - - - - - - - - 532,790 (25,369) - 532,790 (25,369) - - - - - - - (1,407 ) - - - - - - - 61,992 - (23,297 ) - - (31) - $ 393,894 $ 546,680 $ (47,008)
		Unappropriated Legal Reserve Special Reserve Earnings $ 3,237,808 $ 86,888 $ 8,970,974 509,867 - (509,867 ) - - (3,403,176 ) - - - - - 3,979,247 - - (20,252) - - 3,958,995 - - - - - - - - (12,137 ) - - - - - (10) 3,747,675 86,888 9,004,779 394,685 - (394,685 ) - - (2,807,405 ) - - - - - - - - 5,264,251 - - 49,854 - - 5,314,105 - - - - - - - - (206,011 ) - - - - - - - - 23,297 - - 31 $ 4,142,360 $ 86,888 $ 10,934,111

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

(With Deloitte & Touche auditors’ report dated February 24, 2025)

26 -

CHROMA ATE INC.

PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars)

CASH FLOWS FROM OPERATING ACTIVITIES Income before income tax Adjustments for: Depreciation expenses Amortization expenses Expected credit loss recognized on trade receivables Gain on financial assets at fair value through profit or loss Finance costs Interest income Dividend income Compensation costs of share-based payments Share of profit of subsidiaries, associates and joint ventures accounted for using the equity method Gain on disposal of property, plant and equipment Gain on disposal of investments accounted for using the equity method (Reversal) write-downs of inventories Impairment loss (Realized) unrealized gain on transactions with subsidiaries and associates Net (gain) loss on foreign currency exchange Net changes in operating assets and liabilities Notes receivable Trade receivables Inventories Prepayments Other current assets Contract liabilities Trade payables Other payables Other current liabilities Net defined benefit liabilities Cash generated from operations Income tax paid Net cash generated from operating activities CASH FLOWS FROM INVESTING ACTIVITIES Payments to acquire financial assets at fair value through other comprehensive income Proceeds from capital reduction of financial assets at fair value through other comprehensive income Payments to acquire financial assets at fair value through profit or loss Proceeds from disposal of financial assets at fair value through profit or loss	2024 $ 6,286,119 466,298 23,684 1,000 (12,521) 29,494 (21,218) (39,083) 61,992 (1,253,428) (7,892) (46,589) (23,000) - (5,780) (180,476) 8,847 (2,234,135) (685,045) 99,190 (56,112) (12,333) 608,990 303,339 (17,544) (25,197) 3,268,600 (712,090) 2,556,510 (47,580) 7,198 (345,830) 282,026	2023 $ 4,707,251 464,058 17,311 7,000 (930) 39,026 (31,426) (30,313) 91,059 (1,209,407) (1,339) (7,627) 17,000 44,129 196,706 32,202 (1,642) (690,193) 50,463 (115,639) 34,894 31,664 22,659 (219,865) (389,287) (25,059) 3,032,695 (804,749) 2,227,946 (60,000) 10,151 (500,000) 501,238 (Continued)

27 -

CHROMA ATE INC.

PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars)

Disposal of investments accounted for using the equity method Increase in prepayments for investments Proceeds from capital reduction of investments accounted for using the equity method (Increase) decrease in refundable deposits Decrease (increase) in other receivables - related parties Payments to acquire intangible assets Increase in prepayments for equipment Interest received Dividends received Net cash used in investing activities CASH FLOWS FROM FINANCING ACTIVITIES Increase in short-term borrowings Decrease in short-term borrowings Proceeds from long-term borrowings Repayments of long-term borrowings Decrease in guarantee deposits Repayment of lease principal Cash dividends paid Acquisition of ownership interests in subsidiaries Interest paid Unclaimed dividends Net cash used in financing activities EFFECTS OF EXCHANGE RATE CHANGES ON THE BALANCE OF CASH HELD IN FOREIGN CURRENCIES NET DECREASE IN CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR	2024 $ 65,282 - 9,302 (831) 93,911 (41,177) (1,641,181) 22,077 1,247,686 (349,117) 12,578,847 (13,250,000) 1,150,000 - (24) (51,222) (2,807,405) (331,139) (28,869) 305 (2,739,507) 33,598 (498,516) 1,308,296 $ 809,780	2023 $ 11,115 (62,573) - 278 (13,449) (13,744) (1,016,158) 30,967 481,506 (630,669) 8,020,000 (7,320,000) 850,000 (1,150,000) (40,202) (48,816) (3,403,176) (100,000) (38,926) - (3,231,120) 13,193 (1,620,650) 2,928,946 $ 1,308,296

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

(With Deloitte & Touche auditors’ report dated February 24, 2025) (Concluded)

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ATTACHMENT 4

CHROMA ATE INC.

Earnings Distribution Proposal

For Year Ended December 31, 2024

	Unit: NT$
Undistributed Earnings of Previous Year	$ 5,802,688,533
Plus: 2024 Net Income	5,264,251,853
Accrued Pension Costs under Retained Earnings	49,854,213
Unrealized gain or loss transferred to retained earnings from
disposal of equity instruments designated at fair value
through other comprehensive income	23,296,599
Unrealized gain or loss transferred to retained earnings from
disposal of equity instruments designated at fair value
through other comprehensive income and investments
accounted for using the equity method	30,901
Difference between consideration and carrying amount of
subsidiaries acquired or disposed	(206,010,845)
Less: Legal Reserve	(513,142,272)
2024 Earnings Available for Distribution	10,420,968,982
Distribution Item:
Cash Dividends to Common Share Holders (NT$9 per Share)	(3,827,898,378)
Unappropriated Retained Earnings	6,593,070,604

Note:

Net Income of 2024 shall be preferred in the profit distribution.
The total cash dividends allotted to each shareholder will be rounded off to NT dollar. The fractional shares with a value less than one dollar are accumulated and adjusted to meet the total amount of profit resolved to be distributed.

Chairman Leo Huang

CEO Leo Huang CFO Paul Ying

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ATTACHMENT 5

Comparison Table for the “Amendments to Articles of Incorporation”

	After Revision	Before Revision	Explanation
	Article 34 If the Company generates a profit for the fiscal year, it shall allocate 5% to 20% of such profit to employee bonuses.Of this portion, 10% to 30% shall be distributed to non-executive employees. Employee bonuses shall be distributed either in shares or cash as resolved by the Board of Directors. Persons eligible for such distribution shall include employees of the Company’s subsidiaries who meet certain criteria. No more than 1.5% of profits shall be allocated as director remuneration, subject to a resolution by the Board of Directors. Employee bonuses and director remuneration shall be reported at the shareholders’ meeting. If the Company has accumulated losses, such losses shall first be covered before making any of the above-mentioned allocations in accordance with the preceding provisions.	Article 34 If the Company has surplus of that fiscal year, it shall allocated the profit to (1) 5-20% to employee bonuses, either in shares or cash as decided by the Board of Directors, persons eligible for such distribution shall include employees of the Company’s subsidiaries who meet certain qualifications; (2) no more than 1.5% as the remuneration for directors. Employee bonuses and remuneration for directors should be presented in the shareholders’ meeting. The Company shall make up losses for preceding years before above mentioned payments are made.	Revision in accordance with Article 14, paragraph 6of theSecurities and Exchange Act.
	Article 36 The Articles of Incorporation were made on 23 October, 1984………, The 31stamendment was made on 7 June, 2016. The 32ndamendment was made on 8 June, 2017. The 33rdamendment was made on 8 June, 2018. The 34thamendment was made on 18 June, 2019. The 35thamendment was made on 9 June, 2022. The 36thamendment is made on 10 June, 2025.	Article 36 The Articles of Incorporation were made on 23 October, 1984………, The 31stamendment is made on 7 June, 2016. The 32ndamendment is made on 8 June, 2017. The 33rdamendment is made on 8 June, 2018. The 34thamendment is made on 18 June, 2019. The 35thamendment is made on 9 June, 2022.	Added latest amendment and date.

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CHROMA — AGM Information 2025

52029_rns_2025-06-24_90e991af-3152-4099-a17f-847694a6e97c.pdf

CHROMA ATE INC.

Minutes of

2025 Annual General Shareholders’ Meeting

(Translation)

III. Report items:

IV. Acknowledgement Items

V. Discussion Items

ATTACHMENT 1

Business Report

Audit Committee’s Review Report

ATTACHMENT 3

INDEPENDENT AUDITORS’ REPORT

Opinion

Basis for Opinion

Key Audit Matters

Occurrence of Sales Revenue from Specific Customers

Other Matter

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

Auditors’ Responsibilities for the Audit of the Consolidated Financial Statements

Notice to Readers

CHROMA ATE INC. AND SUBSIDIARIES

CHROMA ATE INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars, Except Earnings Per Share)

CHROMA ATE INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars, Except Earnings Per Share)

CHROMA ATE INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars, Except Earnings Per Share)

CHROMA ATE INC. AND SUBSIDIARIES

CHROMA ATE INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars)

CHROMA ATE INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars)

CHROMA ATE INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars)

INDEPENDENT AUDITORS’ REPORT

Opinion

Basis for Opinion

Key Audit Matters

Occurrence of Sales Revenue from Specific Customers

Other Matter

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

Notice to Readers

CHROMA ATE INC.

PARENT COMPANY ONLY BALANCE SHEETS DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars)

CHROMA ATE INC.

PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars, Except Earnings Per Share)

CHROMA ATE INC.

PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars, Except Earnings Per Share)

CHROMA ATE INC.

CHROMA ATE INC.

PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars)

CHROMA ATE INC.

PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023 (In Thousands of New Taiwan Dollars)

CHROMA ATE INC.

Earnings Distribution Proposal

For Year Ended December 31, 2024

Note:

ATTACHMENT 5

More from CHROMA

CHROMA AGM Information 2025