Stock Code: 2906

Collins Co., Ltd.

2026 Regular Meeting of Shareholders Meeting Handbook

Convening method: Physical Shareholders' Meeting

Time: 9:00 a.m., June 17, 2026 (Wednesday)

Location: 23F-5, No. 93, Section 1, Xintai 5th Road, Xizhi District, New Taipei City

(Farglory U-TOWN D Building, CLCC World Humanities

Exhibition Center, Terminal A)

Item ... Page
I. MEETING PROCEDURE ... 1
II. MEETING AGENDA ... 2
III. REPORT ITEMS ... 3
IV. RATIFICATION ITEMS ... 4
V. SPECIAL MOTIONS ... 6
VI. ADJOURNMENT ... 6

Appendix:
I. 2025 ANNUAL OPERATING REPORT ... 7
II. 2025 REVIEW REPORT OF THE AUDIT COMMITTEE ... 13
III. 2025 ACCOUNTANT'S AUDIT REPORT AND FINANCIAL REPORTS ... 14
IV. 2025 DIRECTOR'S REMUNERATION REPORT ... 28
V. EXECUTION OF SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES IN 2025
... 30
VI. THE STATUS OF THE FIRST UNSECURED CONVERTIBLE BOND ISSUANCE ... 32

Annex:
I. ARTICLES OF INCORPORATION ... 34
II. THE RULES OF PROCEDURE FOR SHAREHOLDER'S MEETING ... 41
III. STATISTICS ON SHAREHOLDINGS OF ALL DIRECTORS ... 45

Collins Co., Ltd.

2026 Meeting Procedure of the Regular Meeting of Shareholders

I. Call the Meeting to Order
II. Chairman's Remarks
III. Report Items
IV. Ratification Items
V. Special Motions
VI. Adjournment

Collins Co., Ltd.

2026 Agenda of the Regular Meeting of Shareholders

Time: 9:00 a.m., June 17, 2026 (Wednesday)

Location: 23F-5, No. 93, Section 1, Xintai 5th Road, Xizhi District, New Taipei City (Farglory U-TOWN D Building, CLCC World Humanities Exhibition Center, Terminal A)

Convening method: Physical Shareholders' Meeting

I. Call the Meeting to Order (Report Number of Shares Present at the Meeting)

II. Chairman's Remarks

III. Report Items

[Case 1]: The 2025 Annual Business Report

[Case 2]: 2025 Review Report of the Audit Committee

[Case 3]: Employees and Directors' Remuneration Distribution Plan of 2025

[Case 4]: 2025 Director's Remuneration Report

[Case 5]: 2025 Report on Significant Transactions with Related Parties

[Case 6]: Execution of the First Domestic Unsecured Convertible Bond Report

IV. Ratification Items

[Case 1]: Acknowledgment on 2025 Annual Business Report and Financial Statements

[Case 2]: Acknowledgment on 2025 Earnings Appropriation Statements.

V. Special Motions

VI. Adjournment

III. Report Items

[Case 1]: To report the 2025 Annual Business Report.
Description: Please refer to Appendix I (pages 7-12 of this Handbook) for the 2025 Operating Report of the Company.

[Case 2]: To report the 2025 Review Report of the Audit Committee.
Description: Please refer to Appendix II (page 13 of this Handbook) for the 2025 Review Report of the Audit Committee.

[Case 3]: To report the Employee and Director Remuneration Distribution Plan for 2025.
Description: Pursuant to the 2025 Annual Financial Report and the provisions of the Articles of Incorporation, the Company shall distribute 3% of the profits as employees' remuneration totalling NT$3,778,686, and distribute 3% of the profits as directors' remuneration totalling NT$3,778,686, which both to be paid in cash.

[Case 4]: To report the 2025 Director's Remuneration Report.
Description: The Company's remuneration policy is based on Article 23 of its Articles of Incorporation, which states that if the Company reports a profit for the year, the director's compensation should not exceed 3 percent. The director's remuneration shall be based on the degree of participation and contribution value of directors to the company's operations when they carry out the company's business, as well as the standard level of compensation in the industry. For details regarding individual remuneration items and amounts, please refer to Appendix IV (page 28 of this handbook).

[Case 5]: To report on Significant Transactions with Related Parties for 2025.
Description: For details on the execution of significant transactions with related parties for 2025, please refer to Appendix V (pages 30-31 of this handbook).

[Case 6]: To review the first unsecured convertible bond.
Description: In 2023, the Company issued the first unsecured convertible bonds.
For details on the execution status, please refer to Appendix VI (pages 32-33 of this handbook).

IV. Ratification Items

[Case 1]: Proposed by the Board of Directors

Subject: Ratification of the 2025 Annual Business Report and Financial Statements.

Description:

I. The 2025 Annual Operating Report and Audited Consolidated Financial Statements, Audited Individual Financial Statements which have been reviewed and adopted by the Audit Committee, are hereby submitted for acceptance.

II. For the 2025 Annual Operating Report of the Company, please refer to Appendix I (pages 7-12 of this Handbook); for the Auditors' Report and Financial Statements, please refer to Appendix III (pages 14-27 of this Handbook).

Resolution:

[Case 2]: Proposed by the Board of Directors

Subject: To accept the 2025 Earnings Appropriation Plan.

Description:

I. The 2025 Earnings Appropriation Statement is appended herein (please refer to page 5 of this Handbook).

II. In 2025, the Company has recorded a profit after tax of NT$98,657,840, the profit distribution statement is prepared in accordance with the provisions of the Articles of Incorporation.

III. The Company proposes to distribute NT$125,469,989 for ordinary shares cash dividends payment, that is NT$0.6 per share. The cash dividends distributed to shareholders shall be rounded down to NT$1; the fractional residuals will be reconciled by the accounting department.

IV. After the earnings appropriation plan is approved by the Shareholders’ Meeting, the Chairman will be authorized to decide the record date for dividend distribution and related matters.

V. In the event of shares buy-back, write-off of treasury stocks, transfer and other factors that affecting the number of floating shares, which resulted a change in the dividend payout ratio aforementioned, the Chairman will be conferred the full power to handle all affairs in relation to the change in the payout ratio.

Resolution:

Collins Co., Ltd.
Earnings Appropriation Statement
2025
Unit: NT$

Unappropriated retained earnings at the beginning of period		24,221,559
Plus: Current Period Change in Remeasurements of defined benefit plan	37,872
Plus: Disposal of investments in equity instruments at fair value through other comprehensive income	83,370,404
Unappropriated retained earnings after adjustment		107,629,835
Add: Net profit for 2025	98,657,840
Less: Provision of legal reserve	(18,206,612)
Retained earnings available for distribution		188,081,063
Distribution item:
Cash dividends—(NT$0.6 per share)	(125,469,989)
Unappropriated retained earnings		62,611,074
Note: The calculation of the above-mentioned dividend payout ratio is based on the current number of 209,116,648 shares outstanding.

Chairman: Lee Chung Liang
Manager: Lee Chieh-Hsi
Accounting Supervisor: Wang Peir Yuh

V. Special Motions

VI. Adjournment

(Appendix I)

Collins Co., Ltd.

2025 Annual Operating Report

I. 2025 Annual Operating Results

(I) The results of the implementation of business plan are reported below:

For 2025, the Company’s consolidated operating revenue was NT$8,887.3 million, an increase of approximately NT$5.1 million, or 0.06%, compared to NT$8,873.7 million in the same period of the previous year. Net profit for the current period was NT$307.01 million, a decrease of approximately 11.25% compared to NT$345.93 million in 2024; net profit attributable to the parent company was NT$98.65 million, a decrease of approximately 8.69% compared to NT$108.05 million in 2024. Earnings per share for 2025 were NT$0.47.

The Company has three main business segments. Due to industry characteristics, competition within the sector, geopolitical factors, and U.S. tariff policies, performance has slightly declined. Additionally, some other investment ventures are still in the development stage and have not yet made a significant contribution to overall operations.

Trade Business Group: Revenue of NT$2,884.65 million, a decrease of NT$238.53 million from the previous year, representing a decline of approximately 7.64%. The primary reason is the impact of U.S. tariff policies, which has led customers to adopt a more conservative ordering approach due to economic uncertainties.
Fashion and Luxury Products Division: Revenue was NT$1,482.41 million, a decrease of NT$111.83 million from the previous year, representing a decline of approximately 7.01%. Due to global economic uncertainties and U.S. tariff policies, the subsidiary Minoshin International's revenue decreased by approximately 7.79%.
Biotechnology and Investment Business Group: Revenue reached NT$4,511.67 million, an increase of NT$354.42 million, or 8.55%, compared to last year. This growth was driven by steady performance in core businesses including HIC's hemodialysis, medical devices, and green energy sectors.

(II) Operating Indicators in 2025:

Unit: NT$1,000

Year/Item	2025	2024	Variation %
Operating revenue	8,878,736	8,873,685	0.06
Gross profit	2,615,678	2,598,705	0.65
Net profit for the current period (after tax)	307,010	345,931	(11.25)
Net profit attributable to shareholders of the parent company	98,658	108,045	(8.69)
Earnings Per Share (NT$)	0.47	0.52	(9.62)

(III) Profitability Indicators

Year/Item	2025	2024
Return on Assets	2.99%	3.50%
Return on Equity	4.60%	5.21%
Operating profit to Paid-in Capital Ratio (%)	16.77%	21.66%
Net profit margin	3.46%	3.90%

II. Highlights of the Operating Plan for 2026

In 2025, the world faced uncertainties due to the US-China trade tensions, geopolitical conflicts, and US trade policies such as tariffs. However, benefiting from companies' advance inventory stocking, the development and application of AI technology innovations, which have mitigated the impact of high U.S. tariffs on the global economy, combined with easing global inflation and a shift toward accommodative monetary policies, the global economy experienced moderate growth.

In 2026, with the expansion of fiscal expenditures in advanced economies worldwide (such as the United States' Inflation Reduction Act and increased defense spending in the European Union), the global economy is expected to demonstrate resilience, characterized by moderate growth amid high uncertainty. However, as the delayed effects of tariffs gradually emerge, merchandise trade will be restrained. Economic forecasting institutions generally predict that the global economic growth rate in 2026 will be lower than that in 2025.

Looking ahead to 2026, the Company will pursue lean financial management and continuously strengthen business resilience. Through digital transformation and strategic investments, the Company aims to expand its corporate footprint. The business plan for 2026 is as follows:

(I) Trade Business:

Since early April 2025, the U.S. government’s "reciprocal tariff policy" has continued to exert a significant impact on global trade. Although the intensity of this impact eased in later stages, related effects persisted into 2026, placing substantial pressure on industry supply chains and market layouts, and inevitably affecting the operating environment. The Company has continuously and actively communicated and negotiated with customers and suppliers to fully ensure that shipment schedules proceed as planned and to maintain the stable operation of the overall supply chain. In addition, since January 2026, the Mexican government has officially increased import tariffs on countries that have not signed a free trade agreement with it, including China, South Korea, Thailand, India, Indonesia, Russia, and Turkey. This measure covers approximately 1,400 specific products, with tariff rates reaching as high as 50%. Textile-related products are particularly affected, significantly impacting the cost structure of the related industries.

To mitigate the impact of related policy changes on the Company’s operations, the Company has concurrently implemented the following countermeasures:

Deepening Customer Relationships

Building on the existing foundation of cooperation, Collins continues to maintain close interactions with customers in the United States, Canada, and Mexico, deepening mutual collaboration, monitoring market trends, and jointly responding to changes in international trade.

Optimizing Supply Chain Layout

For each product, the Company continuously evaluates and seeks suitable suppliers in other countries to restructure procurement and pricing strategies, thereby enhancing overall supply chain flexibility and competitiveness.

(II) Domestic sales:

G2000 Apparel Business Plan

Adhering to the brand’s core business positioning, the Company will continue to deepen its focus on the demand for functional apparel (Tech Work) among urban office workers. The brand plans to steadily advance its expansion strategy in key

department stores across Taiwan. In 2026, the Company expects to add seven new operating locations (three in Taipei, three in Taichung, and one in Tainan) to enhance channel coverage and market penetration.

To align with the brand rejuvenation strategy and enhance market attention, the Company will increase marketing investments in collaborations with fashion media (such as the GQ Suit Walk) and pop-up display locations in the Zhongshan commercial district. Through event promotions, the focus will be on promoting the G2000 Protective Technology product series to strengthen brand image, simultaneously raising brand awareness and expanding the young consumer base.

Japanese Apparel Business Plan

Currently, apparel retail outlets throughout Taiwan have gradually expanded to six department store locations. The 2026 operational plan will focus on improving sales per square meter at individual stores to strengthen overall operational performance. In terms of marketing strategy, the Company plans to engage a professional public relations firm to assist in organizing events related to fashion magazines. It will also enhance the exposure of core products through digital media channels and collaborate with social media key opinion leaders (KOLs) to hold joint new product exhibitions, thereby strengthening market buzz and brand image.

In addition, the Company will simultaneously increase the social media advertising budget to expand target audience reach and enhance brand exposure effectiveness. Regarding store expansion plans, the Company expects to add one new operating location in 2026, entering Taoyuan's Gloria Outlet to further expand its distribution network.

Japanese Restaurant Business Plan

Currently, the Company's distribution points throughout Taiwan are primarily concentrated in the Taipei and New Taipei metropolitan areas. The Company's operational plan for 2026 will focus on establishing small central kitchens to integrate logistics operations across all stores, including ingredients, materials, and sauce production. The central kitchens will be solely responsible for the procurement and production processes of semi-finished products, which will then be regularly distributed to each branch. This approach aims to effectively streamline store staffing, reduce training costs, and enhance operational efficiency and quality stability.

Regarding limited-time meal planning, FLIPPER’S will maintain a product planning schedule of seven campaigns throughout the year. In conjunction with the brand’s 10th anniversary, a collaborative promotional event is planned to be expanded in mid-2026 to enhance brand awareness and market presence. JS FOODIES focuses on staple foods that cater to a broad customer base, adjusting and updating the menu seasonally to maintain product freshness and consumer appeal.

(III) Investment Business:

Fashion Boutique

In January 2026, Minoshin introduced the renowned French premium dessert brand Ladurée, marking its entry into the food and beverage industry. In addition to continuing the expansion of new brands this year, the Company has focused on enhancing the profitability of existing stores and strengthening digital marketing to capture a more comprehensive fashion consumer market.

Biomedical and Health Business

HIC will continue to expand its dialysis service locations throughout Taiwan and complete the establishment of four pharmaceutical logistics warehouses nationwide. The new business focus will be on AI-powered (precision) medical care and biomedical material products. Great Formosa Health’s two long-term care facilities, located in Taipei City and Taibao City, Chiayi County, are both nearing full capacity. In view of demand exceeding supply, the Company has submitted an expansion application to the Chiayi County authorities, while the expansion application for Taipei City is currently being prepared. In 2026, the Company will continue to seek opportunities to establish new institutions or acquire existing ones.

Green Energy Business

In addition to the continued commercial operation of the E-dReg energy storage projects, including Yuguang and Tuosen, the Company’s green energy business has recently focused on rooftop photovoltaic projects, behind-the-meter energy storage solutions, and integrated vehicle charging system solutions.

Cybersecurity, Communications, and AI

Regarding financial investments, the Company invested in the OP-end cybersecurity startup TXOne Networks in 2024 and invested in the global low Earth orbit satellite leader SpaceX, as well as major AI startups such as Grok and Anthropic, in 2025. In 2026, the Company will continue to evaluate appropriate investments in mainstream industries.

In 2025, the global supply chain shifted from "globalization" to "regionalization and fragmentation." Geopolitical conflicts have become the norm. The global economy remains unstable due to factors such as worldwide inflation, the China-US trade war, and geopolitical tensions. Additionally, in response to global climate change and net-zero carbon emission targets, corporate operating costs and risks are inevitably expected to increase in the future. Facing the pressures of global supply chain restructuring and ESG transformation, the Company's management team has been committed to long-term market positioning and strategic investment in diversified industries. Through prudent financial and investment management as well as risk early warning systems, the Company has demonstrated stronger resilience compared to its peers. Although overall economic uncertainties remain, the annual performance continued to demonstrate stability. Looking ahead to 2026, a year full of change and opportunity, as a diversified group engaged in trading, fashion luxury goods, retail dining, medical biotechnology, and the energy industry, "diversified resilience" is Collins' strongest competitive advantage. The Company's management team is committed to operating with professionalism, transparency, and sustainability as its core principles. They will continue to lead Collins with agility, unafraid to change traditional operating models, seeking growth amid change and identifying opportunities within challenges. The Company continues to advance toward its sustainability vision, committed to optimizing employee experience, fostering a diverse and inclusive workplace, cultivating industry talent, and supporting vulnerable groups, thereby creating shared value for society in alignment with the expectations of shareholders and all stakeholders.

Chairman: Lee, Chung-Liang

Manager: Lee Chieh-Hsi

Accounting Supervisor: Wang Peir Yuh

(Appendix II)

Collins Co., Ltd.

Review Report of the Audit Committee

The Board of Directors has prepared the Company's 2025 Annual Operating Report, Financial Statements and Profit Distribution Plan. Auditors Tang Chia-Chien and Chen Ya-Ling from KPMG Taiwan have reviewed the Financial Statements and issued an audit report.

The aforementioned Annual Operating Report, Financial Statements and Statement of Earnings Distribution have been reviewed by the Audit Committee, and verified to be correct. In accordance to Article 14-4 of the Securities and Exchange Act and Article 219 of the Company Act, the reports are hereby submitted.

Annual Shareholders’ Meeting of Collins Co., Ltd. in 2026

Collins Co., Ltd.

Convener of the Audit Committee: Ho Shih Chinn

March 10, 2026

KPMG

李侃建东群合作计算学沿革

KPMG

台北市110615張書路5段7號68樓(台北101大樓)

68F., TAIPEI 101 TOWER, No. 7, Sec. 5

Xinyi Road, Taipei City 110615, Taiwan (R.O.C.)

電話 Tel +886 2 8101 6666

傳真 Fax +886 2 8101 6667

網址 Web kpmg.com/tw

(Appendix III)

Independent Auditors' Report

To the Board of Directors of Collins Co., Ltd.:

Opinion

We have audited the consolidated financial statements of Collins Co., Ltd. and its subsidiaries (“the Group”), which comprise the consolidated balance sheet as of December 31, 2025 and 2024, the consolidated statements of comprehensive income, changes in equity and cash flows for the years then ended, and notes to the consolidated financial statements, including a summary of material accounting policies.

In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Group as of December 31, 2025 and 2024, 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 with the International Financial Reporting Standards (“IFRSs”), International Accounting Standards (“IASs”), Interpretations developed by the International Financial Reporting Interpretations Committee (“IFRIC”) or the former Standing Interpretations Committee (“SIC”) endorsed and issued into effect by the Financial Supervisory Commission of the Republic of China.

Basis for Opinion

We conducted our audits in accordance with the Regulations Governing Financial Statements Audit and Attestation Engagements of Certified Public Accountants and Standards on Auditing of the Republic of China. Our responsibilities under those standards are further described in the Auditors' Responsibilities for the Audit of the 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 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 of our opinion.

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the consolidated financial statements of the current period. 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. In our judgements, the key audit matters we communicated in the auditors' report were as follows:

The accuracy of the timing of revenue recognition

Please refer to note 4(o) “Revenue recognition” for accounting policy and note 6(u) “Revenue from contracts with customers” for further information.

Description of key audit matter:

The sales of products from the Group are subject to the terms and conditions agreed upon in sales contracts with customers, wherein it will affect the timing of revenue recognition and transfer of control to the buyer to be incompliance with the accounting standards. If the revenue is recognized prior to the customer having obtained the goods, it will result in an inappropriate timing of revenue recognition the period surrounding the reporting date. Therefore, the accuracy of the timing of revenue recognition has been identified as our key audit matter.

KPMG

How the matter was addressed in our audit:

Understanding the main types of revenues and transaction terms to assess the accuracy of the timing of revenue recognition.
Conducting the variance analysis on the revenue from major customer.
Testing the internal controls related to revenue recognition processes.
Determining samples from sales transactions for a period before and after the balance sheet date to ensure the accuracy of the document related to revenue recognition.

Other Matter

The Company has prepared its parent company only financial statements as of and for the years ended December 31, 2025 and 2024, on which we have issued an unmodified opinion.

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 with the IFRSs, IASs, IFRIC, SIC endorsed and issued into effect by the Financial Supervisory Commission 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 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.

KPMG

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 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 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 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 consolidated financial statements of the current period 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 audit resulting in this independent auditors' report are Tang, Chia-Chien and Chen, Ya-Ling.

KPMG

Taipei, Taiwan (Republic of China)
March 10, 2026

Notes to Readers

The accompanying consolidated financial statements are intended only to present the consolidated financial position, financial performance and cash flows in accordance with the 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 accepted and applied in the Republic of China.

The independent auditors' report and the accompanying consolidated financial statements are the English translation of the Chinese version prepared and used in the Republic of China. If there is any conflict between, or any difference in the interpretation of the English and Chinese language independent auditors' report and consolidated financial statements, the Chinese version shall prevail.

(English Translation of Consolidated Financial Statements Originally Issued in Chinese)

COLLINS CO., LTD. AND SUBSIDIARIES

Consolidated Balance Sheets

December 31, 2025 and 2024

(Expressed in Thousands of New Taiwan Dollars)

Assets	December 31, 2025		December 31, 2024
	Amount	%	Amount	%
Current assets:
1100 Cash and cash equivalents (note 6(a))	$ 960,450	7	796,031	6
1136 Current financial assets at amortized cost, net (note 6(a))	2,400	-	2,400	-
1110 Current financial assets at fair value through profit or loss (note 6(b))	288,021	2	187,899	1
1120 Current financial assets at fair value through other comprehensive income (note 6(c))	97,829	1	113,153	1
1140 Current contract assets (note 6(a))	81,989	1	-	-
1150 Notes receivable, net (note 6(d))	199,583	2	184,850	1
1170 Account receivable, net (notes 6(d), 7 and 8)	1,734,590	13	1,822,651	14
1175 Lease receivables (note 6(d))	37,554	-	36,133	-
1220 Current income tax assets	3,119	-	1,574	-
130X Inventories (notes 6(e) and 8)	1,716,955	13	1,683,810	13
1410 Prepayments (note 7)	175,517	1	125,376	1
1476 Other current financial assets (note 8)	177,568	1	134,917	1
1479 Other current assets	62,935	-	59,219	-
Total current assets	5,538,510	41	5,148,013	38
Non-current assets :
1510 Non-current financial assets at fair value through profit or loss (note 6(b))	120,530	1	-	-
1517 Non-current financial assets at fair value through other comprehensive income (note 6(b))	579,700	4	859,692	7
1550 Investments accounted for using equity method (note 6(f))	401,986	3	388,141	3
1600 Property, plant and equipment (notes 6(i), 7, 8 and 9)	4,138,644	32	4,216,988	33
1755 Right-of-use assets (note 6(j))	662,627	5	767,437	6
1760 Investment property (note 6(k))	26,082	-	26,092	-
1780 Intangible assets (note 6(l))	1,131,998	9	1,127,852	9
1840 Deferred income tax assets (note 6(r))	87,241	1	81,980	1
1920 Guarantee deposits paid	103,589	1	105,152	1
1931 Long-term notes receivables (note 6(d))	9,699	-	10,011	-
1935 Long-term lease receivables (note 6(d))	99,177	1	109,945	1
1990 Other non-current assets (notes 6(d) and 8)	199,522	2	118,264	1
Total non-current assets	7,560,795	59	7,811,554	62
Total assets	$ 13,099,305	100	12,959,567	100
Liabilities and Equity	December 31, 2025		December 31, 2024
---	---	---	---	---
	Amount	%	Amount	%
Current liabilities:
2100 Short-term loans (notes 6(m), 8 and 9)	$ 1,843,103	14	1,340,554	10
2120 Current financial liabilities at fair value through profit or loss (notes 6(b) and (n))	6,164	-	11,239	-
2130 Current contract liabilities (note 6(u))	164,663	1	40,691	-
2150 Notes payable (note 7)	13,456	-	6,730	-
2170 Accounts payable	906,969	7	1,006,961	8
Other payables (notes 6(v) and 7)	377,396	3	388,176	3
2230 Current income tax liabilities	74,394	1	79,030	1
2280 Current lease liabilities (note 6(o))	133,994	1	145,506	1
2300 Other current liabilities	73,032	1	84,376	1
2321 Bonds payable, current portion (note 6(n))	448,053	3	938,786	7
2322 Long-term loans, current portion (notes 6(m), 8 and 9)	117,536	1	24,775	-
Total current liabilities:	4,158,760	32	4,066,824	31
Non-Current liabilities:
2540 Long-term loans (notes 6(m), 8 and 9)	1,610,690	12	1,249,188	10
2527 Non-current contract liabilities (note 6(a))	23,827	-	26,922	-
2570 Deferred income tax liabilities (note 6(r))	134,314	1	129,974	1
2580 Non-current lease liabilities (note 6(o))	566,677	4	657,652	5
2645 Guarantee deposits received	770	-	2,256	-
2600 Other non-current liabilities (note 6(q))	44,345	-	48,990	-
Total non-current liabilities	2,380,623	17	2,114,982	16
Total liabilities	6,539,383	49	6,181,806	47
Equity attributable to owners of parent (notes 6(c), (f), (n), (q) and (s)) :
3110 Ordinary shares	2,091,167	16	2,091,167	16
3200 Capital surplus	294,047	2	290,349	2
Retained earnings :
3310 Legal reserve	677,094	5	662,432	5
3320 Special reserve	220,615	2	220,615	2
3350 Unappropriated retained earnings	206,287	2	164,352	1
Total retained earnings	1,103,996	9	1,047,399	8
Other equity interest :
3410 Exchange differences on translation of foreign financial statements	(62,208)	-	(42,937)	-
3420 Unrealized gain or loss on financial assets at fair value through other comprehensive income	(105,993)	(1)	86,088	1
Total other equity interest	(168,201)	(1)	43,151	1
Total equity attributable to owners of parent:	3,321,009	26	3,472,066	27
36XX Non-controlling interests (notes 6(g), (h) and (s))	3,258,913	25	3,305,695	26
Total equity	6,559,922	51	6,777,761	53
Total liabilities and equity	$ 13,099,305	100	12,959,567	100

See accompanying notes to consolidated financial statements.

(English Translation of Consolidated Financial Statements Originally Issued in Chinese)
COLLINS CO., LTD. AND SUBSIDIARIES
Consolidated Statements of Comprehensive Income
For the years ended December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars, Except for Earnings Per Share)

		2025		2024
		Amount	%	Amount	%
4000	Operating revenues (notes 6(o), (p), (u) and 7)	$ 8,878,736	100	8,873,685	100
5000	Operating costs (notes 6(e), (i), (j), (o), (q), 7 and 12)	6,263,058	71	6,274,980	70
5900	Gross profit from operations	2,615,678	29	2,598,705	30
6000	Operating expenses (notes 6(d), (g), (i), (j), (k), (l), (o), (q), (v), 7 and 12):
6100	Selling expenses	1,275,944	14	1,195,386	13
6200	Administrative expenses	990,681	11	954,721	11
6450	Expected credit loss (reversed)	(1,693)	-	(4,268)	-
	Total operating expenses	2,264,932	25	2,145,839	24
6900	Net operating income	350,746	4	452,866	6
7000	Non-operating income and expenses (notes 6(f), (g), (i), (n), (o), (w) and 7):
7010	Other income	116,604	1	103,532	1
7020	Other gains and losses	60,511	1	30,360	-
7050	Finance cost	(103,012)	(1)	(101,772)	(1)
7060	Share of profit or loss of associates accounted for using equity method	2,911	-	99	-
7100	Interest income	14,684	-	12,446	-
	Total non-operating income and expenses	91,698	1	44,665	-
7900	Profit before income tax	442,444	5	497,531	6
7950	Less: income tax expenses (note 6(r))	135,434	2	151,600	2
	Profit	307,010	3	345,931	4
8300	Other comprehensive income (notes 6(f), (q) and (s)):
8310	Items that may not be reclassified subsequently to profit or loss:
8311	Gains (losses) on remeasurements of defined benefit plans	293	-	4,366	-
8316	Unrealized gains (losses) from investments in equity instruments measured at fair value through other comprehensive income	(112,220)	(1)	130,501	1
8349	Less: Income tax related to components of other comprehensive income that will not be reclassified to profit or loss	-	-	-	-
	Items that may not be reclassified subsequently to profit or loss	(111,927)	(1)	134,867	1
8360	Items that may be reclassified subsequently to profit or loss:
8361	Exchange differences on translation of foreign financial statements	(25,558)	-	39,337	-
8370	Share of other comprehensive income of associates accounted for using equity method that will be reclassified to profit or loss	55	-	(18)	-
8399	Less: Income tax related to components of other comprehensive income that will be reclassified to profit or loss	-	-	-	-
	Items that may be reclassified subsequently to profit or loss	(25,503)	-	39,319	-
8300	Other comprehensive income	(137,430)	(1)	174,186	1
8500	Total comprehensive income	$ 169,580	2	520,117	5
	Profit attributable to:
8610	Owners of parent	$ 98,658	1	108,045	1
8620	Non-controlling interests	208,352	2	237,886	3
		$ 307,010	3	345,931	4
	Comprehensive income attributable to:
8710	Owners of parent	$ (29,286)	-	300,629	3
8720	Non-controlling interests	198,866	2	219,488	2
		$ 169,580	2	520,117	5
9750	Basic earnings per share (New Taiwan dollars) (note 6(t))	$	0.47		0.52
9850	Diluted earnings per share (New Taiwan dollars) (note 6(t))	$	0.47		0.51

See accompanying notes to consolidated financial statements.

(English Translation of Consolidated Financial Statements Originally Issued in Chinese)
COLLINS CO., LTD. AND SUBSIDIARIES
Consolidated Statements of Changes in Equity
For the years ended December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars)

	Equity attributable to owners of parent
	Ordinary shares	Capital surplus	Retained earnings			Total other equity interest				Total equity attributable to owners of parent	Non-controlling interests	Total equity
			Legal reserve	Special reserve	Unappropriated retained earnings	Total retained earnings	Exchange differences on translation of foreign financial statements	Unrealized gains (losses) on financial assets measured at fair value through other comprehensive income	Total other equity interest
Balance at January 1, 2024	$ 2,091,111	270,771	649,052	220,615	156,582	1,026,249	(74,282)	(36,579)	(110,861)	3,277,270	3,234,263	6,511,533
Profit	-	-	-	-	108,045	108,045	-	-	-	108,045	237,886	345,931
Other comprehensive income	-	-	-	-	4,132	4,132	31,345	157,107	188,452	192,584	(18,398)	174,186
Total comprehensive income	-	-	-	-	112,177	112,177	31,345	157,107	188,452	300,629	219,488	520,117
Appropriation and distribution:
Legal reserve	-	-	13,380	-	(13,380)	-	-	-	-	-	-	-
Cash dividends	-	-	-	-	(125,467)	(125,467)	-	-	-	(125,467)	(271,870)	(397,337)
Conversion of convertible bonds	56	35	-	-	-	-	-	-	-	91	-	91
Changes in ownership interests in subsidiaries and associates	-	19,543	-	-	-	-	-	-	-	19,543	-	19,543
Changes in non-controlling interests	-	-	-	-	-	-	-	-	-	-	123,814	123,814
Disposal of investments in equity instruments designated at fair value through other comprehensive income	-	-	-	-	34,440	34,440	-	(34,440)	(34,440)	-	-	-
Balance at December 31, 2024	2,091,167	290,349	662,432	220,615	164,352	1,047,399	(42,937)	86,088	43,151	3,472,066	3,305,695	6,777,761
Profit	-	-	-	-	98,658	98,658	-	-	-	98,658	208,352	307,010
Other comprehensive income	-	-	-	-	38	38	(19,271)	(108,711)	(127,982)	(127,944)	(9,486)	(137,430)
Total comprehensive income	-	-	-	-	98,696	98,696	(19,271)	(108,711)	(127,982)	(29,286)	198,866	169,580
Appropriation and distribution:
Legal reserve appropriated	-	-	14,662	-	(14,662)	-	-	-	-	-	-	-
Cash dividends	-	-	-	-	(125,469)	(125,469)	-	-	-	(125,469)	(269,541)	(395,010)
Changes in ownership interests in subsidiaries and associates	-	3,698	-	-	-	-	-	-	-	3,698	-	3,698
Changes in non-controlling interests	-	-	-	-	-	-	-	-	-	-	3,893	3,893
Disposal of investments in equity instruments designated at fair value through other comprehensive income	-	-	-	-	83,370	83,370	-	(83,370)	(83,370)	-	-	-
Balance at December 31, 2025	$ 2,091,167	294,047	677,094	220,615	206,287	1,103,996	(62,208)	(105,993)	(168,201)	3,321,009	3,238,913	6,559,922

See accompanying notes to consolidated financial statements.

(English Translation of Consolidated Financial Statements Originally Issued in Chinese)
COLLINS CO., LTD. AND SUBSIDIARIES
Consolidated Statements of Cash Flows
For the years ended December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars)

Cash flows from (used in) operating activities:

	2025	2024
Profit before tax	$ 442,444	497,531
Adjustments:
Adjustments to reconcile profit (loss):
Depreciation expense	382,283	363,759
Amortization expense	126,977	110,249
Expected credit loss (reversed)	(1,693)	(4,268)
Net loss (gain) on financial assets or liabilities at fair value through profit or loss	(65,309)	5,689
Finance cost	103,012	101,772
Interest income	(14,684)	(12,446)
Dividend income	(55,166)	(29,744)
Share of profit or loss of associates accounted for using equity method	(2,911)	(99)
Loss on disposal of property, plant and equipment	1,376	9,055
Gain on disposal of investments	-	(26,961)
Gain on lease modification	(3,247)	(523)
Loss on bond redemption	12,578	-
Others	-	825
Total adjustments to reconcile profit	483,216	517,308
Changes in operating assets and liabilities:
Changes in operating assets:
Financial assets at fair value through profit or loss	9,976	32,728
Contract assets	(81,989)	-
Notes receivable	(17,685)	46,654
Accounts receivable	96,165	(154,144)
Lease receivable	12,184	(10,763)
Inventories	(30,284)	(252,292)
Long-term notes receivable	315	(2,873)
Prepaid expenses	(50,141)	-
Other current assets	(3,534)	(808)
Other financial assets	(43,744)	(67,191)
Total changes in operating assets	(108,737)	(408,689)
Changes in operating liabilities:
Financial liabilities at fair value through profit or loss	-	(20)
Contract liabilities	120,877	17,656
Notes payable	6,726	(834)
Notes payable to related parties	(99,992)	-
Accounts payable	-	118,526
Other payables	(13,981)	27,063
Other current liabilities	(13,072)	7,404
Other non-current liabilities	(3,326)	8,890
Net defined benefit liabilities	(1,281)	(1,493)
Total changes in operating liabilities	(4,049)	177,192
Total changes in operating assets and liabilities	(112,786)	(231,497)
Total adjustments	370,430	285,811
Cash inflow generated from operations	812,874	783,342
Interest received	14,684	12,446
Dividends received	-	34,018
Interest paid	(73,328)	(68,183)
Dividends paid	60,318	-
Income taxes paid	(142,935)	(133,747)
Net cash flows from operating activities	671,613	627,876
Cash flows from (used in) investing activities:
Acquisition of financial assets at fair value through other comprehensive income	(39,566)	(394,627)
Proceeds from disposal of financial assets at fair value through other comprehensive income	172,872	131,266
Proceeds from capital reduction of financial assets at fair value through other comprehensive income	746	3,782
Acquisition of financial assets at amortised cost	-	(2,400)
Acquisition of financial assets at fair value through profit or loss	(119,628)	-
Acquisition of investments accounted for using equity method	-	(135,000)
Net cash flow from acquisition of operating segments (net of cash acquired)	(76,799)	-
Net cash flow from acquisition of subsidiaries (net of cash acquired)	-	(197)
Acquisition of property, plant and equipment	(267,284)	(606,706)
Proceeds from disposal of property, plant and equipment	12,965	4,461
Increase in guarantee deposits paid	2,308	(23,665)
Acquisition of intangible assets	(46,567)	(18,552)
Decrease (increase) in other non-current assets	(20,872)	(42,843)
Advance payments for equipment	29,351	(39,649)
Net cash used in investing activities	(352,274)	(1,124,130)
Cash flows from (used in) financing activities:
Proceeds from short-term loans	10,270,532	9,935,800
Repayments of short-term loans	(9,768,228)	(9,788,796)
Repurchase of corporate bonds	(550,752)	-
Proceeds from long-term loans	999,493	758,235
Repayments of long-term loans	(545,230)	(15,053)
Increase in guarantee deposits received	242	1,082
Payment of lease liabilities	(152,078)	(149,444)
Cash dividends paid	(125,469)	(125,467)
Dividends paid by subsidiary to non-controlling interest	(269,541)	(271,870)
Changes in non-controlling interest	7,591	74,115
Net cash flows from financing activities	(133,440)	418,602
Effect on exchange rate changes on cash and cash equivalents	(21,480)	39,870
Net (decrease) increase in cash and cash equivalents	164,419	(37,782)
Cash and cash equivalents at beginning of period	796,031	833,813
Cash and cash equivalents at end of period	$ 960,450	796,031

See accompanying notes to consolidated financial statements.

KPMG

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KPMG

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Independent Auditors' Report

To the Board of Directors of Collins Co., Ltd.:

Opinion

We have audited the financial statements of Collins Co., Ltd. ("the Company"), which comprise the balance sheets as of December 31, 2025 and 2024, the statements of comprehensive income, changes in equity and cash flows for the years then ended, and notes to the financial statements, including a summary of material accounting policies.

In our opinion, the accompanying parent-company-only financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2025 and 2024, and its financial performance and its cash flows for the years then ended in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers.

Basis for Opinion

We conducted our audits in accordance with the Regulations Governing Financial Statements Audit and Attestation Engagements of Certified Public Accountants and Standards on Auditing of the Republic of China. Our responsibilities under those standards are further described in the Auditors' Responsibilities for the Audit of the 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 believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis of our opinion.

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the parent-company-only financial statements of the current period. 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. In our judgements, the key audit matters we communicated in the auditors' report were as follows:

The accuracy of the timing of revenue recognition

Please refer to note 4(n) "Revenue recognition" for accounting policy and note 6(q) "Revenue from contracts with customers" for further information.

Description of key audit matter:

The sales of products from the Company are subject to the terms and conditions agreed upon in sales contracts with customers, wherein it will affect the timing of revenue recognition and transfer of control to the buyer to be incompliance with the accounting standards. If the revenue is recognized prior to the customer having obtained the goods, it will result in an inappropriate timing of revenue recognition the period surrounding the reporting date. Therefore, the accuracy of the timing of revenue recognition has been identified as our key audit matter.

KPMG

How the matter was addressed in our audit:

Understanding the main types of revenues and transaction terms to assess the accuracy of the timing of revenue recognition.
Conducting the variance analysis on the revenue from major customer.
Testing the internal controls related to revenue recognition processes.
Determining samples from sales transactions for a period before and after the balance sheet date to ensure the accuracy of the document related to revenue recognition.

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 financial statements that are free from material misstatement, whether due to fraud or error.

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

Those charged with governance (including the Audit Committee) are responsible for overseeing the Company'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 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 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 Company's internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.

KPMG

Conclude on the appropriateness of management's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors' report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors' report. However, future events or conditions may cause the Company to cease to continue as a going concern.
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 the investment in other entities accounted for using the equity method to express an opinion on this 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.

From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the parent-company-only financial statements of the current period and are therefore the key audit matters. We describe these 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 audit resulting in this independent auditors' report are Tang, Chia-Chien and Chen, Ya-Ling.

KPMG

Taipei, Taiwan (Republic of China)
March 10, 2026

Notes 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 the 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 accepted and applied in the Republic of China.

The independent auditors' report and the accompanying parent-company-only financial statements are the English translation of the Chinese version prepared and used in the Republic of China. If there is any conflict between, or any difference in the interpretation of the English and Chinese language independent auditors' report and parent-company-only financial statements, the Chinese version shall prevail.

(English Translation of Parent-Company-Only Financial Statements Originally Issued in Chinese)

COLLINS CO., LTD.

Balance Sheets

December 31, 2025 and 2024

(Expressed in Thousands of New Taiwan Dollars)

Assets	December 31, 2025		December 31, 2024
		Amount	%	Amount	%
Current assets :
1100	Cash and cash equivalents (note 6(a))	$ 75,846	1	56,758	1
1110	Current financial assets at fair value through profit or loss (note 6(b))	269,853	4	165,338	3
1120	Current financial assets at fair value through other comprehensive income (note 6(c))	97,829	2	113,153	2
1150	Notes receivable, net (note 6(d))	3	-	-	-
1170	Accounts receivable, net (note 6(d))	239,775	4	305,001	5
1181	Accounts receivable due from related parties (note 7)	70	-	-	-
1210	Other receivables from related parties (note 7)	51,248	1	19,348	-
1220	Current tax assets	2,151	-	629	-
1300	Inventories (note 6(e))	280,646	5	267,337	4
1476	Other current financial assets	30,664	1	1,177	-
1479	Other current assets	21,725	-	30,585	1
	Total current assets	1,069,810	18	959,326	16
Non-current assets :
1510	Non-current financial assets at fair value through profit or loss (note 6(b))	120,530	2	-	-
1517	Non-current financial assets at fair value through other comprehensive income (note 6(c))	572,077	9	847,682	14
1550	Investments accounted for using equity method (note 6(f))	2,054,076	34	2,101,585	34
1600	Property, plant and equipment (notes 6(g), 7 and 8)	1,999,588	33	2,124,599	34
1755	Right-of-use assets (note 6(h))	43,496	1	55,062	1
1780	Intangible assets (note 6(i))	6,180	-	7,796	-
1840	Deferred tax assets (note 6(n))	37,604	-	40,091	1
1990	Other non-current assets (notes 6(d) and 8)	166,266	3	23,293	-
	Total non-current assets	4,999,817	82	5,200,108	84

Total assets

$ 6,069,627 100 6,159,434 100

	DeceMBER 31, 2025		December 31, 2024
	Amount	%	Amount	%
2100	Short-term loans (note 6(j))	$ 495,000	8	295,000
2120	Current financial liabilities at fair value through profit or loss (notes 6(b) and (k))	6,164	-	11,239
2130	Current contract liabilities (note 6(q))	6,411	-	4,826
2150	Notes payable	-	-	470
2170	Accounts payable	49,101	1	56,490
2200	Other payables (note 6(r))	90,026	2	97,581
2220	Other payables to related parties (note 7)	10,743	-	10,521
2280	Current lease liabilities (note 6(l))	30,178	1	37,274
2300	Other current liabilities	14,772	-	14,359
2321	Bonds payable, current portion (note 6(k))	448,053	7	938,786
2322	Long-term loans, current portion (notes 6(j) and 8)	22,286	-	11,143
	Total current liabilities	1,172,734	19	1,477,689
Non-Current liabilities:
2540	Long-term loans (notes 6(j) and 8)	1,411,656	24	1,043,942
2570	Deferred tax liabilities (note 6(n))	126,941	2	121,200
2580	Non-current lease liabilities (note 6(l))	13,008	-	17,030
2645	Guarantee deposits received	662	-	2,205
2600	Other non-current liabilities (note 6(m))	23,617	-	25,302
	Total non-current liabilities	1,575,884	26	1,209,679
	Total liabilities	2,748,618	45	2,687,368
Equity (notes 6(c), (f), (k), (m) and (o)):
3110	Ordinary shares	2,091,167	34	2,091,167
3200	Capital surplus	294,047	5	290,349
	Retained earnings :
3310	Legal reserve	677,094	11	662,432
3320	Special reserve	220,615	4	220,615
3350	Unappropriated retained earnings	206,287	4	164,352
	Total retained earnings	1,103,996	19	1,047,399
	Other equity interests:
3410	Exchange differences on translation of foreign financial statements	(62,208)	(1)	(42,937)
3420	Unrealized gains or losses on financial assets at fair value through other comprehensive income	(105,993)	(2)	86,088
	Total other equity	(168,201)	(3)	43,151
	Total equity	3,321,009	55	3,472,066
	Total liabilities and equity	$ 6,069,627	100	6,159,434

See accompanying notes to parent-company-only financial statements.

(English Translation of Parent-Company-Only Financial Statements Originally Issued in Chinese) COLLINS CO., LTD.

Statements of Comprehensive Income

For the years ended December 31, 2025 and 2024

(Expressed in Thousands of New Taiwan Dollars, Except for Earnings Per Share)

		2025		2024
		Amount	%	Amount	%
4000	Operating revenues (notes 6(q) and 7)	$ 1,212,784	100	1,360,330	100
5000	Operating costs (note 6(e))	754,219	62	887,641	65
	Gross profit from operations	458,565	38	472,689	35
	Operating expenses (notes 6(d), (g), (h), (i), (l), (m), (r), 7 and 12):
6100	Selling expenses	375,329	31	373,742	27
6200	Administrative expenses	172,093	14	165,105	12
6450	Expected credit loss	6,020	-	2,793	-
	Total operating expenses	553,442	45	541,640	39
	Net operating loss	(94,877)	(7)	(68,951)	(4)
	Non-operating income and expenses (notes 6(f), (g), (h), (k), (l), (s) and 7):
7010	Other income	118,813	10	87,563	6
7020	Other gains and losses	42,424	3	3,073	-
7050	Finance costs	(57,805)	(5)	(56,286)	(4)
7070	Share of profit or loss of subsidiaries and associates accounted for using equity method	107,818	9	153,946	11
7100	Interest income	766	-	487	-
	Total non-operating income and expenses	212,016	17	188,783	13
	Profit before income tax	117,139	10	119,832	9
7951	Less: income tax expenses (note 6(n))	18,481	2	11,787	1
	Profit	98,658	8	108,045	8
8300	Other comprehensive income (notes 6(f), (m) and (o)):
8310	Items that may not be reclassified subsequently to profit or loss:
8311	Gains (losses) on remeasurements of defined benefit plans	(26)	-	4,074	-
8316	Unrealized gains (losses) from investments in equity instruments measured at fair value through other comprehensive income	(108,711)	(9)	157,107	12
8330	Share of other comprehensive income of subsidiaries and associates accounted for using equity method	64	-	58	-
8349	Less: income tax related to components of other comprehensive income that will not be reclassified to profit or loss	-	-	-	-
	Items that may not be reclassified subsequently to profit or loss	(108,673)	(9)	161,239	12
8360	Items that may be reclassified subsequently to profit or loss:
8361	Exchange differences on translation of foreign financial statements	(19,271)	(2)	31,345	2
8399	Less: income tax related to components of other comprehensive income that will be reclassified subsequently to profit or loss	-	-	-	-
	Items that may be reclassified to profit or loss	(19,271)	(2)	31,345	2
8300	Other comprehensive income	(127,944)	(11)	192,584	14
8500	Total comprehensive income	$ (29,286)	(3)	300,629	22
9750	Basic earnings per share (New Taiwan dollars) (note 6(p))	$	0.47		0.52
9850	Diluted earnings per share (New Taiwan dollars) (note 6(p))	$	0.47		0.51

See accompanying notes to parent-company-only financial statements.

(English Translation of Parent-Company-Only Financial Statements Originally Issued in Chinese)
COLLINS CO., LTD.
Statements of Changes in Equity
For the years ended December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars)

	Ordinary shares	Capital surplus	Retained earnings				Total other equity interest
			Legal reserve	Special reserve	Unappropriated retained earnings	Total retained earnings	Exchange differences on translation of foreign financial statements	Unrealized gains (losses) on financial assets measured at fair value through other comprehensive income	Total other equity interest	Total equity
Balance at January 1, 2024	$ 2,091,111	270,771	649,052	220,615	156,582	1,026,249	(74,282)	(36,579)	(110,861)	3,277,270
Profit	-	-	-	-	108,045	108,045	-	-	-	108,045
Other comprehensive income	-	-	-	-	4,132	4,132	31,345	157,107	188,452	192,584
Total comprehensive income	-	-	-	-	112,177	112,177	31,345	157,107	188,452	300,629
Appropriation and distribution:
Legal reserve	-	-	13,380	-	(13,380)	-	-	-	-	-
Cash dividends	-	-	-	-	(125,467)	(125,467)	-	-	-	(125,467)
Changes in ownership interests in subsidiaries and associates	-	19,543	-	-	-	-	-	-	-	19,543
Disposal of investments in equity instruments designated at fair value through other comprehensive income	-	-	-	-	34,440	34,440	-	(34,440)	(34,440)	-
Conversion of convertible bonds	56	35	-	-	-	-	-	-	-	91
Balance at December 31, 2024	2,091,167	290,349	662,432	220,615	164,352	1,047,399	(42,937)	86,088	43,151	3,472,066
Profit	-	-	-	-	98,658	98,658	-	-	-	98,658
Other comprehensive income	-	-	-	-	38	38	(19,271)	(108,711)	(127,982)	(127,944)
Total comprehensive income	-	-	-	-	98,696	98,696	(19,271)	(108,711)	(127,982)	(29,286)
Appropriation and distribution:
Legal reserve appropriated	-	-	14,662	-	(14,662)	-	-	-	-	-
Cash dividends	-	-	-	-	(125,469)	(125,469)	-	-	-	(125,469)
Changes in ownership interests in subsidiaries and associates	-	3,698	-	-	-	-	-	-	-	3,698
Disposal of investments in equity instruments designated at fair value through other comprehensive income	-	-	-	-	83,370	83,370	-	(83,370)	(83,370)	-
Balance at December 31, 2025	$ 2,091,167	294,047	677,094	220,615	206,287	1,103,996	(62,208)	(105,993)	(168,201)	3,321,809

See accompanying notes to parent-company-only financial statements.

(English Translation of Parent-Company-Only Financial Statements Originally Issued in Chinese) COLLINS CO., LTD.

Statements of Cash Flows

For the years ended December 31, 2025 and 2024

(Expressed in Thousands of New Taiwan Dollars)

	2025	2024
Cash flows from (used in) operating activities:
Profit before tax	$ 117,139	119,832
Adjustments:
Adjustments to reconcile profit (loss):
Depreciation expense	83,402	90,618
Amortization expense	3,810	3,471
Expected credit loss (reversal)	6,020	2,793
Net profit or loss on financial assets at fair value through profit or loss	(59,726)	9,233
Finance cost	57,805	56,286
Interest income	(766)	(487)
Dividend income	(55,166)	(29,744)
Share of profit of subsidiaries and associates accounted for using equity method	(107,818)	(153,946)
Loss on disposal of property, plant and equipment	7	1
Loss on bond redemption	12,578	-
Gain on lease modification	(117)	(249)
Others	-	81
Total adjustments to reconcile profit	(59,971)	(21,943)
Changes in operating assets and liabilities:
Changes in operating assets:
Financial liabilities at fair value through profit or loss	-	(1)
Notes receivable	(3)	-
Accounts receivable	61,620	(91,964)
Accounts receivable from related parties	(70)	-
Other receivable from related parties	(31,900)	(8,970)
Inventories	(13,309)	(9,726)
Other current assets	8,860	133
Other financial assets	(29,487)	473
Changes in operating liabilities:
Contract liabilities	1,585	485
Notes payable	(470)	470
Accounts payable	(7,389)	12,234
Other payables	(8,110)	(3,480)
Other payables to related parties	222	(746)
Other current liabilities	370	985
Net defined benefit liabilities	(1,711)	(1,699)
Total adjustments	(79,763)	(123,749)
Cash inflow (outflow) generated from operations	37,376	(3,917)
Interest received	766	487
Dividends received	209,511	184,541
Interest paid	(27,566)	(22,062)
Income taxes paid	(11,775)	(6,543)
Net cash flows from operating activities	208,312	152,506
Cash flows from (used in) investing activities:
Acquisition of financial assets at fair value through other comprehensive income	(39,566)	(349,627)
Proceeds from disposal of financial assets at fair value through other comprehensive income	172,872	131,266
Proceeds from capital reduction of financial assets at fair value through other comprehensive income	746	3,782
Acquisition of investments accounted for using equity method	-	(69,550)
Acquisition of financial assets at fair value through profit or loss	(119,628)	-
Proceeds from capital reduction of investments accounted for using equity method	630	-
Acquisition of property, plant and equipment	(62,667)	(203,529)
Proceeds from disposal of property, plant and equipment	4	3
(Increase) decrease in guarantee deposits paid	5,448	(5,703)
Acquisition of intangible assets	(2,194)	(3,358)
Repurchase of convertible bonds	(550,752)	-
Decrease in other non-current assets	(4,941)	149
Net cash used in investing activities	(600,048)	(496,567)
Cash flows from (used in) financing activities:
Proceeds from short-term loans	4,800,000	4,015,000
Repayments in short-term loans	(4,600,000)	(4,205,000)
Proceeds from long-term loans	910,000	665,085
Repayments of long-term loans	(531,143)	-
Increase in guarantee deposits received	(1,500)	1,241
Payment of lease liabilities	(41,064)	(52,844)
Cash dividends paid	(125,469)	(125,467)
Net cash flows from financing activities	410,824	298,015
Net (decrease) increase in cash and cash equivalents	19,088	(46,046)
Cash and cash equivalents at beginning of period	56,758	102,804
Cash and cash equivalents at end of period	$ 75,846	56,758

(Appendix IV)

Recent Annual Remuneration Paid to Directors, General Manager, and Deputy General Manager

Remuneration of General Directors and Independent Directors

Unit: NT$1,000; %

Title	Name	Remuneration of directors							Ratio of total remuneration (A+B+C+D) to net income (Note 10)		Relevant remuneration received by directors who are concurrent employees								Ratio of total remuneration (A+B+C+D+E+F+G) to net income (%)		Remuneration received from investments other than subsidiaries or from the parent company (Note 11)
		Remuneration (A) (Note 2)		Severance pay and pension (B)		Director Remuneration (C) (Note 3)		Business Execution Expenses (D) (Note 4)		The Company	All companies included in the financial report (Note 7)	The Company	All companies included in the financial report (Note 5)	Retirement Pension (F)		Employee Remuneration (G) (Note 6)			The Company	All companies included in the financial report (Note 7)
		The Company	All companies included in the financial report (Note 7)	The Company	All companies included in the financial report (Note 7)	The Company	All companies included in the financial report (Note 7)	The Company	All companies included in the financial report (Note 7)					The Company	Cash amount	Cash amount	Share amount	Share amount
Chairman	Representative: Lee Chung-Liang LCL Capital Inc.	3,000	3,000	0	0	3,778	3,778	660	715	7.54	7.59	18,286	31,649	216	216	1,218	0	1,218	0	27.53	41.13	None
Director	Jing Shing Investment Corp. Legal Representative: Lee Pea-Chian
Director	Chung Yu Investment Co., Ltd. Legal Representative: Chen, Chun-Hung
Director	Representative: Lee Chung-Ting Witty Mate Corporation
Director	Representative: Chen Hsiao-Wen Pro-index Investment Co., Ltd.

Title	Name	Remuneration of directors	Ratio of total remuneration (A+B+C+D) to net income (Note 10)	Relevant remuneration received by directors who are concurrent employees	Ratio of total remuneration (A+B+C+D+E+F+G) to net income (%)	Remuneration received from investments other than subsidiaries or from the parent company (Note 11)
Remuneration (A) (Note 2)	Severance pay and pension (B)	Director Remuneration (C) (Note 3)	Business Execution Expenses (D) (Note 4)	All companies included in the financial report (Note 7)	Salaries, bonuses, and special allowances (E) (Note 5)	Retirement Pension (F)
The Company	All companies included in the financial report (Note 7)	The Company	All companies included in the financial report (Note 7)	The Company	All companies included in the financial report (Note 7)	The Company
Director	Representative: Lee Po-Yi LCL Capital Inc.
Director	Representative: Lee Chieh-Hsi Witty Mate Corporation
Director	Representative: Ho Cheng-Yu Youshin Development Co., Ltd. (Note 1)
Independent Director	Ho Shih Chinn
Independent Director	Chu Li-San (Note 1)
Independent Director	Lin Shui Yung
Independent Director	Du Meng-Chen
Independent Director	Lin Hsiu-Tai (Note 2)

Please provide details of the policy, system, standards and structure for the remuneration of independent directors. In addition, explain how the level of remuneration is determined, taking into account factors such as responsibilities, risks and time commitment. Independent directors may receive remuneration for their services on a monthly basis. The Remuneration Committee has the authority to adjust the amount of remuneration based on the level of involvement in the company's business and the value of contributions.
Except for disclosures in the above table, remuneration paid to directors for providing services (e.g., providing consulting services as a non-employee) for all companies included in the financial statements in the most recent year: None

Note 1:Director Ho Cheng-Yu and independent director Chu Li-San were dismissed on June 11, 2025. Note 2: Independent Director Lin Hsiu-Tai was appointed on June 11, 2025.

*The Company shall set out relevant information for directors (non-independent directors) and independent directors separately.

(Appendix V)

Related Party Transaction

(I) Name and relationship with related parties

The related parties that engaged in transactions with the consolidated company during the reporting period of this consolidated financial report are as follows:

Name of Related Party	Relationship with the Consolidated Company
Mundus Smart Energy Co. Ltd.	Other related parties
Feng Chih Electric Energy Co. Ltd.	Other related parties
J&V Energy Technology Co., Ltd.	Other related parties
Recharge Power Co., Ltd.	Other related parties
Yuan Ti Costume Ltd.	Other related parties
KJ Lifestyle Ltd.	Other related parties
Shen He Xing Development Co., Ltd.	Other related parties
LCL Capital Inc.	Juristic person shareholder
Chi-Pin Industries, Co., Ltd.	Juristic person shareholder
Witty Mate Corporation	Juristic person shareholder
Jing Shing Investment Corp.	Juristic person shareholder

Note: The relationship and related-party transactions of HIC Group, please refer to the note 7 of HIC Group's consolidated financial statements (stock code:1788)

(II) Significant transactions with related parties

Operating revenue

The sales amount from the consolidated company to related parties and the outstanding balances are as follows:

	Sales		Receivables from Related Parties (recorded as net accounts receivable)
	2025	2024	2025.12.31	2024.12.31
Other related parties	$ 12,060	12,719	4,472	4,580

The sales prices and terms offered by the consolidated company to related parties are not significantly different from those of general sales transactions.

Procurement

The purchase amounts by the consolidated company from related parties and the outstanding balances are as follows:

	Procurement		Accounts Payables to Related Parties Recorded as notes and accounts receivable
	2025	2024	2025.12.31	2024.12.31
Other related parties	$ 5,845	-	21	-

The purchase prices from the aforementioned related parties were not significantly different from those paid to third-party suppliers by the Group. The payment terms are one to three months, which is not significantly different from those of typical suppliers.

Operating expenses

The amounts charged by related parties to the consolidated company for management services, postage and telecommunications expenses, and rental fees (recorded under "Operating Expenses"), as well as the outstanding balances, are as follows:

	Transaction Amount
	2025	2024
Other related parties	$ 5,388	3,605

Other income

The commission, service fees, and other income charged by the consolidated company to related parties (recorded under "Other Income"), as well as the outstanding balances, are as follows:

	Transaction Amount		Other Accounts Receivable from Related Parties (recorded as other current financial assets)
	2025	2024	2025.12.31	2024.12.31
Other related parties	$ 70	415	11	-

Property transactions

(1) Acquisition of property, plant and equipment

The summary of the acquisition prices for real estate, plants, and equipment obtained by the consolidated company from related parties is as follows:

	2025	2024
Other related parties	$ -	8,418

In February 2024, the Group purchased a solar panel project from J&V Energy Technology Co., Ltd. for a total amount of NTD8,418 thousand. The Group has fully paid this amount and has reclassified it as property, plant, and equipment.

Prepayments to related parties

The details of prepayments made by the Group to related parties are as follows:

Account item	Category of related party	2025.12.31	2024.12.31
Prepayment	Other related parties	$ 21,627	-

Dividend payments

The summary of dividends paid to related parties by the consolidated company is as follows:

	2025.12.31	2024.12.31
LCL Capital Inc.	$ 24,992	24,992
Chi-Pin Industries, Co., Ltd.	6,209	5,684
Witty Mate Corporation	13,467	12,900
Jing Shing Investment Corp.	6,341	6,340
	$ 51,009	49,916

(Appendix VI)

The Status of the First Unsecured Convertible Bond Issuance

Type of corporate bonds	First Unsecured Convertible Bond
Issuance (Processing) Date	Issued on September 20, 2023
Face Value	NT$100,000
Location of Issuance and Trading	Securities over-the-counter trading center (OTC)
Par Value	Issued at a premium of 105.28% of the face value
Total Face Value Issued	NT$1,000,000,000
Total issue amount ($)	NT$ 1,052,801,540
Coupon rate	The nominal annual interest rate is 0%
Maturity	Maturity date of 3 years: September 20, 2026
Guarantor	None
Trustee	Bank Sinopac Company Limited
Underwriter	Masterlink Securities Corporation
Review lawyer	Handsome Attorneys-at-Law: Peng, I-Cheng
Auditor of the Annual Financial Report	KPMG Taiwan CPAs Tang, Chia-Chien, Chen, Ya-Lin
Redemption method	This Company's domestic first unsecured convertible corporate bond has a maturity period of three years. According to Article 5 of the issuance and conversion regulations, the coupon rate of this convertible corporate bond is 0%, so there is no need to establish interest payment dates and methods. Except for company bondholders (hereinafter referred to as "bondholders") who convert into common stock of the Company according to Article 10 of these regulations, exercise the right of redemption according to Article 19 of these regulations, redeemed prematurely by the company according to Article 18 of these regulations, or repurchased and canceled by securities dealers' business premises, the Company shall repay in cash the convertible corporate bonds held by the bondholders within 10 business days from the day after the maturity date of the convertible corporate bonds, according to the face value of the bonds. If the aforementioned date falls on a day when the Taipei Stock Exchange is closed for business, it shall be extended to the next business day.
Unredeemed balance	NT$460,000,000 (As of March 31, 2026)
Conditions for redemption or early redemption	Detailed regulations for the issuance and conversion of the Company's first unsecured convertible bonds domestically.

Restrictions		Detailed regulations for the issuance and conversion of the Company's first unsecured convertible bonds domestically.
Name of rating agency, date and result of rating		Not applicable
Other Rights	The monetary amount of ordinary shares already converted, (exchanged, or subscribed), overseas depositary receipts or any other securities as of the date of printing of the Annual Report.	As of March 31, 2026, NT$100,000 worth of bonds were converted (1 board lot was converted), totaling 5,555 ordinary shares converted.
	Issuance and Conversion (Exchange or Subscription) Regulations	Detailed regulations for the issuance and conversion of the Company's first unsecured convertible bonds domestically.
The possible dilution of shareholding and influence on shareholder equity caused by the issuance and conversion, exchange, or subscription rules and the terms of issuance.		Prior to the issuance, the Company had a total of 209,111 thousand shares outstanding. As of March 31, 2026, based on the current conversion price of NT$16.8, if all convertible shares were converted into common stock, 27,381 thousand shares would need to be issued. Given the Company's current total issued shares of 209,117 thousand, the maximum dilution to equity would be approximately 11.58%, indicating a limited level of dilution.
Name of the custodian institution of the exchangeable underlyings		Not applicable

The implementation of the company's capital allocation plans:

The total face value of the unsecured convertible bonds issued this time was NT$1,000,000 thousand, with actual proceeds of NT$1,052,802 thousand. The funds were used to repay bank loans, and the repayment of NT$1,000,000 thousand in bank loans was completed in the third quarter of 2023 in accordance with the planned use of funds. As of September 30, 2023, all funds had been fully executed, and there had been no instances of delays in fund execution or unreasonable use of funds. The fundraising plan remains unchanged, and there are no significant differences between the projected benefits and actual achievements.
On September 20, 2025, upon the expiration of two years since issuance, in accordance with Article 19 of Collins Co., Ltd.'s Domestic First Unsecured Convertible Corporate Bonds Issuance and Conversion Regulations, bondholders may exercise the put option. The Company will redeem the corporate bonds held by bondholders in cash at the principal amount plus interest compensation, with the two-year redemption price set at 102.01% of the bond principal. The Company has received bondholders' requests to sell back 5,399,000 shares; as of March 31, 2026, the outstanding principal amount was NT$460,000,000.

Collins Co., Ltd. Articles of Incorporation
Annex I v2025.06.11

Chapter 1 General Provisions

Article 1 The Company is incorporated in accordance with the provisions of the Company Act, and named as Collins Co., Ltd.

Article 2 The Company's business are as follows:
1. CD01030 Motor Vehicles and Parts Manufacturing
2. CN01010 Furniture and Decorations Manufacturing
3. CO01010 Tableware Manufacturing
4. CP01010 Hand Tools Manufacturing
5. C306010 Wearing Apparel
6. C307010 Clothing Accessories
7. C399990 Other Textile and Products Manufacturing
8. F103010 Wholesale of Animal Feeds
9. F104110 Wholesale of Cloths, Garments, Shoes, Hats, Umbrellas and Clothing Accessories
10. F105050 Wholesale of Furniture, Bedding Kitchen Utensils and Fixtures
11. F106010 Wholesale of Hardware
12. F107050 Wholesale of Fertilizer
13. F108031 Wholesale of Medical Devices
14. F109070 Wholesale of Culture, Education, Musical Instruments and Educational Entertainment Supplies
15. F113010 Wholesale of Machinery
16. F113020 Wholesale of Electrical Appliances
17. F113030 Wholesale of Precision Instruments
18. F113050 Wholesale of Computers and Clerical Machinery Equipment
19. F113060 Wholesale of Measuring Instruments
20. F114010 Wholesale of Motor Vehicles
21. F114030 Wholesale of Motor Vehicle Parts and Motorcycle Parts, Accessories
22. F114060 Wholesale of Ship and Component Parts
23. F116010 Wholesale of Camera Equipment
24. F118010 Wholesale of Computer Software
25. F202010 Retail Sale of Feeds
26. F204110 Retail Sale of Cloths, Garments, Shoes, Hats, Umbrellas and Clothing Accessories
27. F205040 Retail Sale of Furniture, Bedding Kitchen Utensils and Fixtures
28. F206010 Retail Sale of Hardware
29. F206020 Retail Sale of daily commodities
30. F207050 Retail Sale of Fertilizer
31. F208031 Retail Sale of Medical Apparatus
32. F209060 Retail Sale of Culture, Education, Musical Instruments and Educational Entertainment Supplies
33. F213010 Retail Sale of Electrical Appliances
34. F213030 Retail Sale of Computers and Clerical Machinery Equipment
35. F213040 Retail Sale of Precision Instruments
36. F213050 Retail Sale of Measuring Instruments
37. F213080 Retail Sale of Machinery and Tools
38. F214010 Retail Sale of Motor Vehicles

F214030 Retail Sale of Motor Vehicle Parts and Motorcycle Parts, Accessories
F214060 Retail Sale of Ship and Component Parts Thereof
F216010 Retail Sale of Camera Equipment
F218010 Retail Sale of Computer Software
F301010 Department Stores
F301020 Supermarket
F399040 Retail Sale No Storefront
F399990 Retail Sale of Other Integrated
F401010 International Trade
F401181 Measuring Instruments Import
F501060 Restaurants
G801010 Warehousing
HZ02010 Financial Institution Creditor's Right (Money) Purchase Business
I301010 Information Software Services
J701120 Children's Playground
JE01010 Rental and Leasing Business
IZ99990 Other Industrial and Commercial Services
ZZ99999 All business activities that are not prohibited or restricted by law, except those that are subject to special approval.

Article 3 The Company may make endorsements and guarantees for external entities if necessary.

Article 3-1 The Company may re-invest in other businesses if the business requires so, and in that case its total re-investment amount is not subject to the limit of 40% of the Company's paid-up capital as stipulated in Article 13 of the Companies Act.

Article 4 The Company is headquartered in New Taipei City, Taiwan and may set up branch offices locally and abroad if necessary by resolution passed by the Board of Directors.

Article 5 The Company shall make public announcements in accordance with Article 28 of the Company Act.

Chapter 2 Shares

Article 6 The Company has an authorized capital of NT$4.9 billion, which is divided into 490 million shares, with a nominal value of NT$10 per share. The shares are authorized to be issued by the Board of Directors via various batches of issuance, including the issuance of preference shares.

Article 7 The shares of the Company shall be issued under the signature or seal of the directors on behalf of the Company and duly certified or authenticated by the investment bank which is eligible to act as issuer of the shares accordance to the applicable laws.

Article 7-1 For new issuance of shares, the Company shall base on the total number of shares of the issuance, to arrange for jointly printing of shares, or exempted from printing, in accordance with the relevant provisions of the Company Act, however all issued shares shall be safekept or registered with the securities central depository institution.

Article 8 The shareholders affairs of the Company shall be handled in accordance with the provisions of the Company Act and Administration Procedures of the Company, unless otherwise provided by relevant laws and regulations of the Financial Supervisory Commission.

Article 9 Deleted.

Article 10 Deleted.

Article 11 Deleted.

Chapter 3 Shareholders Meeting

Article 12 Shareholders' meetings are classified into two categories: General Shareholders' Meetings and Extraordinary Shareholders' Meetings. General Shareholders' Meetings shall be convened once a year, and within 6 months from the end of each financial year; Extraordinary Shareholders' Meetings could be convened when necessary in accordance to the Articles of Association.

The shareholders' meeting of the Company could be held by video conference or other means as announced by the central authority from time to time.

Article 13 Should a shareholder be unable to attend the shareholders' meeting for any reason, he/she may appoint another person as his/her proxy by presenting a written proxy that is duly signed and sealed, explicitly stating the scope of authorization, unless otherwise provided for in the regulations of the Securities and Exchange Body, such regulations shall prevail. Except for trustees or securities dealers approved by the Authority, when a person who acts as proxy for two or more shareholders, the voting power represented by him/her shall not exceed 3% of the total number of voting shares of the company.

Article 14 Other than situations of no voting rights stipulated under Article 179 of the Company Act, each shareholder of the Company is entitled to the right of one vote per share.

Article 14-1 Shareholders may exercise their voting power in writing or by way of electronic transmission. The time and manner for exercising their voting rights shall be determined by the Board of Directors, and the relevant details shall be included in the notice of shareholders' meeting.

Shareholders who exercise their voting rights in writing or by way of electronic transmission as mentioned in the preceding paragraph shall be deemed to have attended the shareholders' meeting in person. However, they are deemed to be abstained from voting, in the event of provisional motion and amendment of the original proposal in the shareholders' meeting.

Article 15 Unless otherwise provided in the provisions of the Company Act, a resolution shall be adopted at a shareholders' meeting attended by shareholders who represent a holding of at least 50% of the issued paid-up capital of the Company, and by more than 50% of votes of the shareholders attending the meeting.

Chapter 4 Director

Article 16
The Company shall have eight to twelve directors. The Board of Directors must include at least one director of a different gender (i.e., not all directors may be of the same gender), including at least three independent directors, who shall constitute no less than one-third of the Board members. The number of Directors to be elected shall be determined by the Board of Directors.

Directors are elected by the Shareholders' Meeting from among those with disposing capacity. Those who have won more votes shall be elected for a term of three years and eligible for re-election. Election of directors shall be held using the candidate nomination system, and the procedure shall be in accordance with the "Procedures for Election of Directors". The aggregate amount and shareholding ratio of registered shares held by directors as a whole shall be in accordance with the regulation of the competent authority. The Company may purchase liability insurance for Directors to protect them against potential liabilities arising from exercising their duties during their tenure, in accordance to applicable laws and regulations.

Article 16-1
The Board of Directors of the company has an audit committee composed of all independent directors. The audit committee's responsibilities, organizational regulations, exercise of powers and other matters to be complied with shall be handled in accordance with the relevant laws or regulations of the Company.

Article 17
The Board of Directors shall elect a chairman among the directors by more than half of the votes at a meeting attended by over two-thirds of directors, the Chairman will act as representative of the Company for external affairs. The authorities of the Board of Directors are as follows:

Formulate business strategies.
To prepare Earnings Distribution Proposal and Deficit Offset Proposal.
To propose for increase in capital or capital reduction.
Examine and approve important articles of the Articles of Incorporation and contracts.
To appoint or terminate the manager of the Company.
To decide on the set up or cessation of branch office or factories.
To review budget and determine on final decision.
To examine and approve the acquisition or disposal of property.
To examine and approve an effective and appropriate internal control system.
To decide on other important matters.

Article 17-1
Board meetings shall be held at least once every quarter.

Board meetings shall be called by the Chairman of the Board of Directors, unless otherwise provided for in the Company Act.

A Notice of Meeting with meeting agenda listed shall be circulated to each of the directors and supervisors seven (7) days before the Board Meeting. In emergency circumstances, however, a meeting may be called on shorter notice. Notice of Meeting mentioned in the preceding paragraph may circulate via post, email or facsimile.

Article 18
In the event that the Chairman is on leave or unable to perform his duties for any causes, the acting chairman shall act in accordance with Article 208 of the Companies Act.

Article 18-1 When a director is unable to attend a Board meeting for any reason, the director may appoint another director to attend on their behalf. However, a written proxy specifying the scope of authorization related to the meeting agenda must be submitted for each instance. The aforementioned agent is limited to being entrusted by one person. When the Board of Directors holds a meeting via video conference, directors participating through video shall be deemed to have attended in person.

Article 19 Deleted.

Chapter 5 President

Article 20 The Company may appoint a General Manager, whose appointment, dismissal and compensation shall be administered in accordance with the provisions of Article 29 of the Company Act.

Chapter 6 Accountant

Article 21 After the end of each financial year, the Board of Directors shall prepare: 1. Business Report; 2. Financial Statements; 3. Proposal for Earnings Distribution or Proposal to Cover Deficit, and any other relevant report to be tabled to Annual Shareholders' Meeting for adoption.

Chapter 7 Supplementary Provisions

Article 22 The Board of Directors is authorized to distribute remuneration or transportation fees to directors or shareholders who involved in the operation of the Company, in accordance with standard practice of the industry, regardless of profit or loss is recorded for the year.

Article 23 If the Company recorded profits during the financial year, 3% of the profits shall be distributed for employees remuneration, and not more than 3% shall be distributed for remuneration of the directors and supervisors. However, if the Company has accumulated losses, the amount of compensation should be retained in priority.

Remuneration for employees may be distributed by shares or cash, after a special resolution is passed by the Board of Directors, and has reported to the Shareholders' Meeting.

The recipients of shares and cash may include the employees of the Company's affiliated companies who meet certain conditions.

If the Company reports a profit for the year, 1% shall be allocated for salary adjustments or bonuses for frontline employees.

However, if the Company still has accumulated losses, they must be offset.

Article 23-1 Where there is a surplus in the Company's annual final reports, in addition to paying income tax in accordance with the law and making up for previous annual losses, 10% of the statutory surplus reserve shall be allocated and the special surplus reserve shall be set aside or revert as required by the law. The Board of Directors shall prepare and submit a proposal for the appropriation of the remaining earnings, if any, after the payment of dividends, together with any undistributed earnings from prior years in the shareholders' meeting for approval.

Earnings of the Company may be distributed by cash dividends or stock dividends, provided that cash dividends shall not be less than ten percent (10%) of total payout of dividends. The amount, ratio and types of dividends from the earnings distribution can be adjusted appropriately when the Board of Directors formulates the distribution policy, depending on the actual profitability and capital requirements of the Company during the year.

Article 24 If there is any matter not covered in the Articles of Incorporation herein, the provisions of the Company Act shall prevail.

Article 25 This Article of Incorporation was adopted on April 2, 1969.

The first amendment was made on August 5, 1970.

The second amendment was made on April 30, 1973.

The third amendment was made in September 1973.

The fourth amendment was made on July 22, 1974.

The fifth amendment was made on September 27, 1975.

The sixth amendment was made on October 29, 1975.

The seventh amendment was made on November 18, 1975.

The eighth amendment was made on February 4, 1976.

The ninth amendment was made on December 6, 1976.

The tenth amendment was made on December 15, 1977.

The eleventh amendment was made on September 26, 1978.

The twelfth amendment was made on June 13, 1979.

The thirteenth amendment was made on August 25, 1979.

The fourteenth amendment was made on May 17, 1982.

The fifteenth amendment was made on June 4, 1982.

The sixteenth amendment was made on June 30, 1983.

The seventeenth amendment was made on January 19, 1984.

The eighteenth amendment was made on December 14, 1984.

The nineteenth amendment was made on May 20, 1985.

The twentieth amendment was made on August 5, 1987.

The twenty-first amendment was made on October 2, 1987.

The twenty-second amendment was made on June 23, 1988.

The twenty-third amendment was made on September 23, 1988.

The twenty-fourth amendment was made on November 4, 1988.

The twenty-fifth amendment was made on June 7, 1989.

The twenty-sixth amendment was made on May 7, 1990.

The twenty-seventh amendment was made on November 9, 1990.

The twenty-eighth amendment was made on June 11, 1991.

The twenty-ninth amendment was made on June 25, 1992.

The thirtieth amendment was made on May 26, 1993.

The thirty-first amendment was made on May 27, 1994.

The thirty-second amendment was made on May 16, 1995.

The thirty-third amendment was made on May 24, 1996.

The thirty-fourth amendment was made on June 4, 1997.

The thirty-fifth amendment was made on April 29, 1998.

The thirty-sixth amendment was made on April 30, 1999.

The thirty-seventh amendment was made on May 9, 2000.

The thirty-eighth amendment was made on June 6, 2002.

The thirty-ninth amendment was made on May 16, 2003.

The fortieth amendment was made on May 18, 2004.

The forty-first amendment was made on May 26, 2005.
The forty-second amendment was made on June 15, 2006.
The forty-third amended was made on June 15, 2007.
The forty-forth amendment was made on June 16, 2009.
The forty-fifth amendment was made on June 4, 2010.
The forty-sixth amendment was made on June 10, 2015.
The forty-seventh amendment was made on June 17, 2016.
The forty-eighth amendment was made on June 15, 2017.
The forty-ninth amendment was made on June 14, 2018.
The fiftieth amendment was made on June 18, 2019.
The fifty-first amendment was made on June 15, 2022.
The fifty-second amendment was made on June 15, 2023.
The fifty-third amendment was made on June 11, 2025.

Collins Co., Ltd.
The Rules of Procedure for Shareholder's Meeting
Annex II
v2021.07.07

I. The Shareholders' Meeting of the Company shall be proceeded in accordance with these Rules unless other applicable law provides otherwise.

II. The Company shall prepare an attendance book for attending shareholders to sign in. Attending shareholders (or proxies) should wear their attendance cards and hand in their sign-in cards to sign in attendance on behalf, the number of attending shares shall be calculated based on the sign-in cards they handed in.

The registration of attendance of shareholders shall be opened at least 30 minutes before the shareholders' meeting; the registration counter shall have clear signage and managed by qualified personnels.

III. The attendance and voting of the Shareholders' Meeting shall be calculated based on shares, head counts are not required.

IV. The venue for the Company's shareholders' meeting shall be at the premises of the Company, or a place easily accessible by shareholders and suitable for shareholders' meeting. The meeting may begin no earlier than 9:00 a.m. and no later than 3:00 p.m.

Notice shall be delivered to shareholders at least 30 days before the date of the annual shareholders' meeting or 15 days before the date of the extraordinary shareholders' meeting

The notice of the meeting shall specify the date and venue of the meeting, reason for convening the meeting, time open for registration, location of the registration counter, method applicable for shareholders to exercise their voting rights, whether to be in written format or email, and other matters to be noted.

V. The shareholders' meeting shall be chaired by the Chairman of the Board of Directors, unless otherwise specified in the Company Act. When the Chairman is on leave or for any reason unable to perform his/her duty, he/she shall appoint one of the directors as the acting chairman. Where the chairman does not make such arrangement, the Board of Directors shall select from among themselves one person as the acting chairman.

If the shareholders' meeting is called by someone who is not a Director but eligible to call for shareholders' meeting, he/she shall be the chairperson of the shareholders' meeting.

When there are two (2) or more persons call for the convene of shareholders' meeting, they shall select one (1) chairperson among themselves to chair the shareholders' meeting.

VI. The Company shall arrange its attorneys, certified public accountants or related persons to attend its shareholders' meeting, with no voting capacity.

Personnel who managed the shareholders' meeting shall wear identification cards or armbands.

VII. The Company shall keep audio record or video record of the whole proceedings of the shareholders' meeting for at least one year. If, however, a shareholder files a lawsuit pursuant to Article 189 of the Companies Act, the aforementioned recording shall be kept until the conclusion of the litigation.

VIII. With the presence of shareholders (or proxies) who representing more than 50% of total issued shares of the Company, the chairperson shall call the meeting to order and make announcement of information related to number of non-voting rights and the number of shares of shareholders who present at the meeting. In the event that the required quorum is not present where the scheduled time for shareholders' meeting has exceeded, the chairperson may announce to postpone the meeting to a later date. The number of postponements shall be limited to two, and the total time of postponements shall not exceed one hour. In the event that the required quorum is still not present after two (2) postponement of the shareholders' meeting, but attending shareholders (or proxies) representing more than one third of the total issued shares of the Company, therefore resolution which obtained majority approval during the meeting shall be deemed as tentative resolution.

If after the tentative resolution in the preceding paragraph is made, the number of shares represented by the shareholders (or proxies) present has constitute a quorum, the chairman may submit the tentative resolution to the shareholder's meeting for ratification.

IX. If a shareholders' meeting is called by the Board of Directors, the agenda shall be determined by the Board of Directors, relevant motions (including provisional motions and amendments to original motions) shall be voted on a case-by-case basis, and the meeting shall proceed in accordance with the scheduled agenda, which shall not be changed without a resolution passed by the shareholders' meeting.

The provisions of the preceding paragraph apply to a shareholders' meeting called by a party with the power to convene that is not the Board of Directors.

The chairman shall not adjourn a meeting without resolution adopted by shareholders if the motions (including provisional motions) listed in the meeting agenda in accordance to the two preceding Paragraphs have not been resolved.

After the end of the said meeting, shareholders shall not elect another chairperson to hold another meeting at the same place or at any other place.

Unless the Chairperson adjourned a shareholders' meeting in violation of the Rules of Procedure, an acting Chairperson could be elected by approval of a majority of the votes represented by the attending shareholders, to continue with the shareholders' meeting.

IX-1. Shareholders holding more than one percent of the total number of issued shares may propose one motion to the Company. If more than one motions are proposed, such proposal will not be accepted. The Board of Directors, however, may still include such proposals from shareholders if that is in relation to the improve of public interest or fulfill its social responsibility. Proposal made by shareholders under one of the circumstances stipulated in Article 172-1, paragraph 4 of the Companies Act, such proposal shall not be included in the meeting agenda by the Board of Directors.

Prior to the date on which share transfer registration is suspended before the convention of a Annual Shareholders' Meeting, the Company shall give a public notice announcing the acceptance of proposal in writing or by way of electronic transmission, the place and the period for shareholders to submit proposals; and the period for accepting such proposals shall not be less than ten (10) days.

Proposed motions by shareholders are limited to 300 words. If the proposal exceeds 300 words, the proposal will not be included in the agenda; the proposing shareholder should attend the Annual shareholders' meeting in person or appoint proxy to attend on his/her behalf, and shall participate in the discussion of the proposed motion.

The Company shall notify the proposing shareholder of the results of processing prior to the date of the notice of the shareholders' meeting, motions that are complies with the requirements of this Article shall be listed in the notice of the meeting. For shareholder proposals that are not included in the motion, the Board of Directors shall state the reasons for non-inclusion at the shareholders' meeting.

X. Except for the motions originally listed on the agenda, other motions such as amendment to the original motions, alternative to the original motions, or extraordinary motions that are raised by a shareholder (or proxy) shall be seconded by another shareholder (or proxy). The same shall apply to motions to change the agenda or dismiss the meeting.

XI. A shareholder may appoint a proxy to attend a shareholders' meeting on his/her behalf by submitting a proxy form printed by the Company stating therein the scope of power authorized to the proxy.

A shareholder shall only submit one (1) proxy form, and appoint one (1) person as his/her proxy, which shall be delivered to the Company five days prior to the shareholders' meeting, and in the event of duplicate proxies, the first be delivered shall prevail. However, this restriction does not apply to the withdrawal of prior proxy engagements.

A shareholder (or proxy) wishing to speak in a shareholders' meeting shall first fill in a slip, specifying therein the major points of his speech, his serial number as a shareholder (or the attendance number) and his name, and the chairman shall determine his order of giving a speech.

A shareholder (or proxy) who submits his slip for a speech but does not actually speak shall be considered as not having given a speech. If the contents of speech are inconsistent with the contents given in the slip submitted for speech time, the contents of speech shall prevail.

When a shareholder is giving a speech, the other shareholders shall not interrupt unless they have obtained the prior consent from the chairman and the said shareholder, the chairman shall prevent others from interrupting.

XII. Each shareholder (or proxy) may not speak more than twice on the same motion without the consent of the chairman, and each speech may not exceed five minutes.

If a shareholder violates the above provisions or his speech is not within the scope of the motion, the chairman may terminate his speech.

XIII. A corporate shareholder being authorized to attend shareholders' meeting may designate only one representative to represent it in the meeting.

If a corporate shareholder designates two or more representatives to represent it at the shareholders' meeting, only one of the representatives so designated may speak on any one motion.

XIV. After a shareholder has given a speech, the chairman shall personally or designate relevant personnel to respond.

XV. When the chairman considers that the discussion for a motion (which should be given sufficient explanation and opportunity for discussion) has reached the extent for making a resolution, he may announce discontinuance of the discussion, submit the motion for resolution, and allow sufficient time for voting. There shall be no discussion or vote unless it is a motion.

XVI. Personnel who in charge of supervising the casting of votes and the counting thereof shall be designated by the chairman, however, the person supervising the casting of votes shall be a shareholder. The voting results shall be announced immediately in the meeting, and recorded in the meeting minutes.

XVII. During the proceedings of a meeting, the chairman may consider the schedule and announce for a break.

XVIII. Unless otherwise specifically provided in the Company Act or the Articles of Incorporation of the Company, the passage of a proposal shall require an affirmative vote of a majority of the voting rights represented by the attending shareholders.

A motion is deemed to have passed when no attending shareholders expressed any dissents after being inquired by the chair and the effect thereof is the same as voting.

XIX. When there is an amendment or an alternative to a proposal, the chairman shall present the amended or alternative proposal together with the original proposal and decide the order in which they will be put to a vote. When any one among them is passed, the other proposals will then be deemed rejected, and no further voting shall be required.

XX. The chairman may direct disciplinary personnel (or security personnel) to maintain the order of the meeting. For doing so they shall wear a badge bearing the words of "disciplinary personnel".

XXI. Shareholders shall abide by the instructions of the chairman or disciplinary personnel (or security personnel) that aim to maintain the order of the meeting. The chairman or disciplinary personnel (or security personnel) may escort those obstructing the meeting away from the meeting place.

XXII. Matters not specified in these Rules shall be handled in accordance with the provisions of the Company Act, Securities and Exchange Act and other relevant laws and regulations.

XXIII. These Rules are enforced only after they have been approved by the Shareholders' Meeting. The same applies to the amendments to these Rules.

Amended and approved by the Shareholders' Meeting on April 29, 1988

Amended and approved by the Shareholders' Meeting on June 4, 1997

Amended and approved by the Shareholders' Meeting on April 29, 1998

Submitted to the Shareholders' Meeting for amendment and approval on June 6, 2002

Submitted to the Shareholders' Meeting for amendment and approval on June 10, 2015

Submitted to the Shareholders' Meeting for amendment and approval on June 18, 2020

Submitted to the Shareholders' Meeting for amendment and approval on July 7, 2021

Collins Co., Ltd.
Annex III

Statistics on Shareholdings of All Directors

I. As of April 19, 2026, the final day for shares transfer for the shareholders' meeting, the number of shares held by all directors as recorded in the shareholders' register is as follows:

Title	Name	Shares Held	Percentage
Chairman	LCL Capital Inc.
Representative: Lee Chung-Liang	41,653,634	19.92%
Director	Jing Shing Investment Corp.
Representative: Lee Pea-Chian	10,567,769	5.05%
Director	Chung Yu Investment Corp.
Representative: Chen Chun-Hung	356,000	0.17%
Director	Witty Mate Corporation
Representative: Lee Chung-Ting	22,445,140	10.73%
Director	Pro-index Investment Co., Ltd.
Representative: Chen Hsiao-Wen	2,425,000	1.16%
Director	LCL Capital Inc.
Representative: Lee Po-Yi	41,653,634	19.92%
Director	Witty Mate Corporation
Representative: Lee Chieh-Hsi	22,445,140	10.73%
Independent Director	Ho Shih Chinn	220,998	0.11%
Independent Director	Lin Shui Yung	0	0%
Independent Director	Du Meng-Chen	0	0%
Independent Director	Lin Hsiu-Tai	0	0%
Subtotal of number of shares held by all directors (excluding independent directors)		77,447,543	37.04%
Statutory threshold of shareholding by all directors		12,000,000	Statutory threshold of shareholding has been met

II. Total paid-up capital of the Company is NT$2,091,166,480, and the total number of outstanding shares is 209,116,648. In accordance with the Rules and Review Procedures for Director and Supervisor Share Ownership Ratios at Public Companies, the statutory minimum number of registered shares held by all directors of the Company shall be 5% of the number of outstanding shares, i.e. 209,116,648 * 5% = 10,455,832, but less than the minimum number of 15,000,000 shares to be held by the directors of such class, thus 15,000,000 shares shall be the minimum number of shares to be held by the directors. As the Company has elected 4 independent directors, therefore, the minimum number of shares held by directors other than independent directors shall be 80% of the aforementioned 15,000,000 shares, which is calculated to be 12,000,000 shares.

AI assistant

Collins AGM Information 2026

52228_rns_2026-05-14_f60e8f34-9e5a-4f90-a6d4-5750547cbc70.pdf

Collins Co., Ltd.

2026 Regular Meeting of Shareholders Meeting Handbook

Table of Contents

II. Highlights of the Operating Plan for 2026

(III) Investment Business:

Collins Co., Ltd.

Review Report of the Audit Committee

Independent Auditors' Report

Opinion

Basis for Opinion

Key Audit Matters

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

Notes to Readers

Independent Auditors' Report

Opinion

Basis for Opinion

Key Audit Matters

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

Notes to Readers

Statements of Cash Flows

Recent Annual Remuneration Paid to Directors, General Manager, and Deputy General Manager

Remuneration of General Directors and Independent Directors

Related Party Transaction

Statistics on Shareholdings of All Directors

AI assistant

Collins — AGM Information 2026

52228_rns_2026-05-14_f60e8f34-9e5a-4f90-a6d4-5750547cbc70.pdf

Collins Co., Ltd.

2026 Regular Meeting of Shareholders Meeting Handbook

Table of Contents

II. Highlights of the Operating Plan for 2026

(III) Investment Business:

Collins Co., Ltd.

Review Report of the Audit Committee

Independent Auditors' Report

Opinion

Basis for Opinion

Key Audit Matters

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

Notes to Readers

Independent Auditors' Report

Opinion

Basis for Opinion

Key Audit Matters

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

Notes to Readers

Statements of Cash Flows

Recent Annual Remuneration Paid to Directors, General Manager, and Deputy General Manager

Remuneration of General Directors and Independent Directors

Related Party Transaction

Statistics on Shareholdings of All Directors

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Collins AGM Information 2026