COMPEQ — AGM Information 2026

May 29, 2026

(Translation – In case of any discrepancy between the Chinese and English versions, the Chinese version shall prevail.)

COMPEQ MANUFACTURING CO., LTD.

2026 Annual General Shareholders’ Meeting Minutes

Time and Date: 9:00 a.m., May 28, 2026

Place: No. 91, Ln. 814, Daxin Rd., Shin-juang Vil. Luzhu Dist., Taoyuan City, Taiwan.

Shareholders' meeting will be held by means of: physical shareholders' meeting

Total outstanding Compeq shares: 1,191,820,589 shares

Total shares represented by shareholders present in person or by proxy: 877,043,874 shares

Percentage of shares held by shareholders presented in person or by proxy: 73.58%

Directors present: P.K. Chiang, Charles C. Wu, K.S. Peng, P.Y. Wu, Victor Lu, P.H. Wu, Teng Ling Liu, Y.C. Huang,

Attendees: WU HSIN LIANG, CPA.
Yung-Ran Lee, Attorneys-at-Law
Yi Hung Chen, Attorneys-at-Law

Chairman: P.K. Chiang, the Chairman of the Board of Directors

Recorder: Y. S. Chiu

The aggregate shareholding of the shareholders present in person or by proxy constituted a quorum. The Chairman called the meeting to order.

I. Chairman’s Address (omitted)

II. Management Presentation (Company Reports)
(1) 2025 Business Report (see appendix)
(2) Audit Committee’s review report (see appendix)
(3) Report on the 2025 Employee Compensation Distributions (see appendix)
(4) Report on the distribution of 2025 earnings
(5) The Status of Endorsement and Guarantee

III. Proposals
1. Adoption of 2025 Business Report and Financial Statements (Proposed by the Board of Directors)
Explanation: Please refer to the attachment. (see appendix)

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Voting Results:

Shares represented at the time of voting: 877,038,874

Voting Results*		% of the total represented share present
approval votes:	743,929,082 votes
(318,328,491 votes)	84.82%
disapproval votes:	110,600 votes
(110,600 votes)	0.01%
Invalid votes:	none	0.00%
abstention votes/no votes:	132,999,192 votes
(132,639,192 votes)	15.16%

• including votes casted electronically (number in brackets)
  RESOLVED, the above proposal was accepted as submitted.

• Adoption of the proposal for distribution of 2025 earnings (Proposed by the Board of Directors)

Explanation:

1. The distribution of 2025 earnings was approved by the Board of Directors and reviewed by to the Audit Committee. Please refer to the attachment. (see appendix)

Voting Results:

Shares represented at the time of voting: 877,038,874

Voting Results*		% of the total represented share present
approval votes:	743,904,512 votes
(318,303,921 votes)	84.82%
disapproval votes:	761,643 votes
(761,643 votes)	0.09%
invalid votes:	none	0.00%
abstention votes/no votes:	132,372,719 votes
(132,012,719 votes)	15.09%

• including votes casted electronically (number in brackets)
  RESOLVED, the above proposal was accepted as submitted.

IV. Elections

1. The 18th Election of Directors (Proposed by the Board of Directors)

Explanation:

1. The current terms of the Company's Directors and Independent Directors were originally scheduled to expire on June 14, 2026. Pursuant to the resolution of the Board of Directors on March 5, 2026, a full re-election of Directors will be held in conjunction with this Shareholders Meeting.

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1. According to the Article 17, Paragraph 1 of the Articles of Incorporation, the Company has seven to eleven directors. The number of directors shall be authorized by the Board of Directors. Three independent directors are included in the abovementioned number of directors, all of whom are elected at the Shareholders' Meeting. The term of service is three years with the possibility of being re-elected.

2. A total of 9 Directors are to be elected at this meeting, including 6 Directors and 3 Independent Directors, all of whom will be elected via a candidate nomination system. The newly elected Directors and Independent Directors will serve on May 28, 2026 and expiring on May 27, 2029. The terms of the current Directors and Independent Directors shall expire upon the conclusion of this Shareholders' Meeting.

3. The Candidate List for the Board of Director, please refer to the attachment. (see appendix)

Election Result

No	Title	Name	Votes Received
1	Director	P.K. Chiang	658,557,662
2	Director	K.S. Peng	644,076,862
3	Director	Chang-Zhi Investment Co., Ltd.
Representative: Charles C. Wu	654,296,712
4	Director	Chang-Zhi Investment Co., Ltd.
Representative: Victor Lu	643,032,201
5	Director	Positive Bo Investment Co., Ltd.
Representative: P.Y. Wu	654,177,951
6	Director	Xue Dayton Investment Co., Ltd.
Representative: P.H. Wu	653,915,706
7	Independent Director	Tung Chun Huang	649,966,907
8	Independent Director	Tzu Kuan Chiu	645,333,955
9	Independent Director	Y.C. Huang	651,449,410

• including votes casted electronically (number in brackets)

V. Other Matters

1. To release the prohibition on directors from participation in competitive business (Proposed by the Board of Directors)

2. According to the Article 209 of Company Act, a director who does anything for himself/herself or on behalf of another person that is within the scope of the company's business shall explain to the meeting of shareholders the essential contents of such an act and secure its approval.

3. In light of the fact that the newly elected Directors may invest in or operate other companies with a scope of business similar to or identical to that of the Company and may serve as directors in such companies, it is proposed, pursuant to Article 209 of the Company Act, that this Shareholders' Meeting approve the release of the newly elected Directors and their representatives from non-competition restrictions, provided that such actions do not prejudice the interests of the Company

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1. List of releasing the prohibition on the directors and its representatives from participation in competitive business

Title	Name	Items of Competitive Acts to be Permitted	Scope of Business
Director	Chang-Zhi Investment Co., Ltd. Representative: Charles C. Wu	Chairman of Chang-Zhi Investment Co., Ltd.	Investment
Director	Positive Bo Investment Co., Ltd. Representative: P.Y. Wu	Director of Chang Zhi holdings Co., Ltd. Chairman of Positive Bo Investment Co., Ltd.	Investment
Director	Xue Dayton Investment Co., Ltd. Representative: P.H. Wu	Supervisor of Chang Zhi holdings Co., Ltd. Chairman of Xue Dayton Investment Co., Ltd.	Investment

Voting Results*		% of the total represented share present
approval votes:	697,157,438 votes
(271,556,847 votes)	79.49%
disapproval votes:	8,515,762 votes
(8,515,762 votes)	0.97%
invalid votes:	none	0.00%
abstention votes/no votes:	171,365,674 votes
(171,005,674 votes)	19.54%

VI. Questions and Motions: None

VII. Meeting Adjourned

P.K. Chiang, Chairman of the Board of Directors

Y. S. Chiu Recorder

There was no question raised by shareholders at this shareholders meeting.

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Business Report

In 2025, with global inflation slowing, the Fed cutting interest rates three times, and the application of AI technology and low-Earth orbit satellites, demand in the electronics market recovered. According to the IMF statistics, the global GDP grew by $3.2\%$ in 2025. According to the Prismark statistics, the overall PCB industry grew by $15.4\%$ in 2025 compared to 2024.

The company's operating revenue for 2025 was NT$76 billion, growing $4.9\%$ from the NT$72.5 billion in 2024. The net profit for 2025 was NT$ 6.57 billion, growing NT$0.97 billion from the net profit of NT$5.6 billion in 2024. In response to the high-frequency and high-speed applications of satellite communication, AI servers, optical communication, and data center related products, the company focused on building a sound business structure, utilizing advanced big data and intelligent factory management to ensure product quality and delivery time, and establish a competitive business management model.

The global economy is expected to grow more steadily in 2026, and the company will invest in markets with profitable target products, including: AI applications, low-Earth orbit satellites, and optical communications. In addition, the company will continue to prioritize environmental protection, fulfill our corporate social responsibility, and value labor rights in order to meet the expectations of shareholders, customers, and the government, and move towards sustainable operation.

2025 Operating report

A.Consolidated statements of comprehensive income

Compared with 2024, our 2025 profit reached NT$ 6.57 billion; Our 2025 EPS was NT$ 5.51 about NT$ 0.81 more. (shown in Table 1)

Table 1. 2025 Comprehensive income summary (After adopting IFRS)

Description (Hudred million of NTD)	2025	2024	Variation Rate / Difference
Operating revenue	760.0	724.6	4.9%
Income before tax	80.8	70.7	10.1
Net income	65.7	56.0	9.7
Earnings per share (NTD)	5.51	4.70	0.81

B.Sales Status

Our major products are PCB and SMT assemblyservice. We have PCB manufacturing sites on Taiwan (Luchu, Tayuan) and China (Huizhou, including FPC, Chongqing). Total PCB sales was 39 million square feet. The SMT assembly plant has production bases in Suzhou and Huizhou, mainland China, and produces approximately 390 million parts.

C.Technology Development

Our long-term development is to be the leading high-end PCB manufacturer. Our major enhance the ability and quality of research and development, and strengthen the industry and suppliers of information collection. We will continue to devote on new process development

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technologies, such as satellite communication, AI server and data center products, Optical communication, AR/VR smart glasses, humanoid robot, High-frequency high-speed materials, smart factory, production environment safety improvement, automation improvement, waste reduction and emissions improvement...etc.

The Outlines for 2026 Business Plan

(1) Operating Guidelines

A. Actively develop business related products such as satellite communications, AI server, data center, optical communications, AR/VR/smart glasses, humanoid robots, etc.

B. In the operation and management system, we continue to reduce variable and fixed costs, improve contribution and increase profits, so that products in all fields of the entire enterprise become more competitive.

C. Improve the factory constitution, implement refined manufacturing management, improve product quality and enhance the quality awareness of all employees. The quality of shipments can meet customer needs and achieve competitive yield levels.

D. Continue to accomplish our social responsibility and commitments to government, customers, share holders, and employee. Keep on environmental protection, respect human rights, and improve our employee's quality of life to become an everlasting green enterprise.

(2) Manufacturing base planning

Our company's main products are circuit boards and SMT.

A. The circuit board production bases are Taoyuan Luzhu, Dayuan, Thailand and Huizhou, Fuling in China.

B. SMT manufacturing bases are Suzhou, Huizhou in China.

(3) The future strategy in product

A. Rigid board products: We are actively seeking orders related to satellite communications, AI servers, data centers, optical communications.

B. FPC board and Rigid-flex board products: We are actively seeking orders related to AR/VR/smart glasses, medical products, humanoid robots, AI related application product.

C. SMT products: Continuously develop profitable products such as optical communications, industrial control, and test boards, and improve the factory's competitiveness in selected market products to enable the factory to operate steadily.

Audit Committee's Review Report

The Board of Directors has prepared the Company's 2025 Business Report, Financial Statements, and proposal for allocation of earnings. The CPA firm of Baker Tilly Clock & Co was retained to audit COMPEQ Financial Statements and has issued an audit report relating to the Financial Statements. The Business Report, Financial Statements, and earnings allocation proposal have been reviewed and determined to be correct and accurate by the Audit Committee members of COMPEQ MANUFACTURING CO., LTD. According to relevant requirements Article 14-4 of the Securities and Exchange Act and Article 219 of the Company Law, we hereby submit this report.

Teng Ling Liu
Chairman of the Audit Committee
COMPEQ MANUFACTURING CO., LTD.
On the date of March 5, 2026

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INDEPENDENT AUDITORS' REPORT

NO.00151140EA

To the Board of Directors of Compeq Manufacturing Co., Ltd.,

Opinion

We have audited the accompanying parent company only financial statements of Compeq Manufacturing Co., Ltd. (collectively referred to as “the Company”), which comprise the parent company only balance sheets as of December 31, 2025 and 2024, and the parent company only statements of comprehensive income, changes in equity and cash flows for the years ended December 31, 2025 and 2024, and notes to the parent company only financial statements, including a summary of significant accounting policies.

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

Basis for Opinion

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

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the parent company only financial statements for the year ended December 31, 2025. These matters were addressed in the context of our audit of the parent company only financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.

Key audit matters for the Company’s parent company only financial statements for the year ended December 31, 2025 are explained as follows:

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Revenue recognition from shipping warehouses

Description of the key audit matter

Refer to note 4(14) and 6(18) of the parent company only financial statements for the information relating to revenue recognition.

The Company’s sales come in two types of direct shipping from factories and shipping from warehouses, revenue is recognized on the transfer of control of the products on an individual sales contract basis. In which the revenue from shipping warehouses is recognized when the customer picks up the products. The Company mainly recognizes its revenue in accordance with the statements or other information provided by the custodians of shipping warehouses and reconciliation with any change in recorded inventory. Given that the shipping warehouses spread many regions and the sales terms for each major customer also vary, such revenue recognition process often involves a lot of labor in operation, which is likely to result in inappropriate timing to recognize the revenue or inconsistency between physical quantity and recorded quantity of the inventory in custody. On the other hand, it requires both parties’ labor judgment to determine if a shipment meets the terms for customer’s acquisition of products control right and such risk is the major measurement index adopted by the report users. As such, the deadline of the recognition of the revenue of the products sold from shipping warehouses is listed as one of the key audit matters.

How the matter was addressed in our audit

We performed the following audit procedures in respect of the above key audit matter:

1. Understand and assess the propriety of the accounting policy for revenue recognition, and evaluate and test the internal control in relation to the timing of revenue recognition.
2. Implement the deadline test for the revenue from shipping warehouses in the periods before or after the balance sheet date, and check if customer account statement data, change in recorded inventory, revenue and cost carry-over were recorded at appropriate times.
3. Execute sending confirmation letters or field stock-taking observation for the quantity of inventory in shipping warehouses, and check as well as reconcile the warehouse inventory quantity with the recorded inventory quantity. In case of any inconsistency with the recorded inventory quantity found from the enquiry response or stock-taking observation, the reasons for the inconsistency will be investigated and the test for the reconciliation items shall be executed, so as to confirm if material differences are properly adjusted and recorded.

Evaluation of allowance for loss on reduction of inventory to market

Description of the key audit matter

Refer to note 4(7), 5(2) and 6(3) of the parent company only financial statements for the information relating to inventory valuation.

The Company mainly engages in manufacture and sales of PCB(Printed Circuit Boards). Due to their short life cycle and severe competition in the industry, electronic products are susceptible to the volatility of market prices, so they have higher risk in losses on reduction of inventory to market and inventory obsolescence. The net realizable value adopted by The Company for invalid and obsolescent inventory often involves subjective judgment. Given that The Company's inventory and its allowance for loss on reduction of inventory to market have a vital impact on its financial statements, the valuation of the allowance for loss on reduction of inventory to market is listed as one of the key audit matters.

How the matter was addressed in our audit

We performed the following audit procedures in respect of the above key audit matter:

1. Evaluate if the policy and procedure for setting aside the allowance for loss on reduction of inventory to market are appropriately and consistently adopted.
2. Understand the inventory warehouse management process, inspect the annual stock-taking plan and participate in the annual observation of stock-taking, so as to confirm the inventory management and status.
3. Acquire the statement to identify inventory obsolescence and invalidation and verify inventory aging propriety and rationality, so as to confirm the possibility for the loss of the inventory exceeding a certain inventory age and coverage of the invalid and obsolescent inventory items in the statement, and ensure the consistence of the statement information with the policy.
4. Inspect a variety of data adopted by the management for calculation of the inventory net realizable value, and give random check and calculation to evaluate the rationality of the inventory net realizable value and judge if relevant disclosures are adequate.

Responsibilities of Management and Those Charged with Governance for the Parent company only Financial Statements

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

In preparing the parent company only financial statements, management is responsible for assessing the 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.

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Those charged with governance, (including members of 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 maintain professional skepticism throughout the audit. We also:

1. 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.

2. 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.

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

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

5. 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.

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1. Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Company to express an opinion on the parent company only financial statements. We are responsible for the direction, supervision and performance of the 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 parent company only financial statements for the year ended December 31, 2025 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.

Baker Tilly Clock & Co
Hsin-Liang Wu, CPA
Chi-Ping Lin, CPA
March 5, 2026

Notes to Readers

The accompanying parent company only financial statements are intended only to present the parent company only financial position, financial performance and its 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 (or review) such parent company only financial statements are those generally accepted and applied in the Republic of China.

The 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 auditors' report and parent company only financial statements, the Chinese version shall prevail.

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COMPEQ MANUFACTURING CO., LTD.
PARENT COMPANY ONLY BALANCE SHEETS
December 31, 2025 and 2024
(Expressed in thousands of New Taiwan Dollars)

ASSETS	NOTES	December 31,2025		December 31,2024
		Amount	%	Amount	%
CURRENT ASSETS
Cash and cash equivalents	6(1)	$ 4,632,485	6.54	$ 5,389,028	8.04
Notes receivable	6(2)	—	—	74	—
Accounts receivable	6(2)	8,458,945	11.95	8,353,620	12.47
Receivables from related parties	6(2),7	91,225	0.13	275,319	0.41
Other receivables	7	4,409,501	6.23	4,179,852	6.24
Current tax assets	6(22)	30,025	0.04	10,024	0.01
Inventories	6(3)	3,443,871	4.87	2,495,514	3.72
Prepayments		105,042	0.15	81,769	0.12
Other financial assets-current	6(4),8	3,020,717	4.27	3,680,319	5.49
Other current assets		38,416	0.05	38,230	0.06
Total current assets		24,230,227	34.23	24,503,749	36.56
NON-CURRENT ASSETS
Financial assets at fair value through other comprehensive income-non-current	6(5)	121,410	0.17	—	—
Investments accounted for using equity method	6(6)	38,376,785	54.22	34,538,354	51.53
Property, plant and equipment	6(7),7,8	7,277,571	10.28	7,356,314	10.98
Right-of-use assets	6(8)	120,568	0.17	120,613	0.18
Intangible assets	6(9)	49,701	0.07	33,016	0.05
Deferred tax assets	6(23)	505,232	0.72	400,591	0.60
Refundable deposits		15,483	0.02	19,587	0.02
Net defined pension assets-non-current	6(15)	85,268	0.12	52,537	0.08
Other non-current assets		—	—	335	—
Total non-current assets		46,552,018	65.77	42,521,347	63.44
TOTAL		$ 70,782,245	100.00	$ 67,025,096	100.00

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

COMPEQ MANUFACTURING CO., LTD.
PARENT COMPANY ONLY BALANCE SHEETS
December 31, 2025 and 2024
(Expressed in thousands of New Taiwan Dollars)

LIABILITIES AND EQUITY	NOTES	December 31,2025		December 31,2024
		Amount	%	Amount	%
CURRENT LIABILITIES
Short-term borrowings	6(10)	$ —	—	$ 223,050	0.33
Notes payable	6(11)	—	—	74	—
Accounts payable	6(11)	3,812,503	5.39	3,214,709	4.80
Payable to related parties	6(11),7	3,945,584	5.58	4,494,993	6.71
Other payables	6(12),7	2,578,988	3.64	2,560,675	3.82
Current tax liabilities	6(23)	966,522	1.37	725,392	1.08
Provisions-current	6(13)	186,629	0.26	175,445	0.26
Lease liabilities-current	6(8)	28,054	0.04	27,178	0.04
Current portion of long-term borrowings	6(14),8	268,750	0.38	711,915	1.06
Other current liabilities	7	1,488,887	2.10	1,007,290	1.50
Total current liabilities		13,275,917	18.76	13,140,721	19.60
NON-CURRENT LIABILITIES
Long-term borrowings	6(14),8	5,335,000	7.54	4,898,750	7.31
Deferred tax liabilities	6(23)	4,219,969	5.96	4,428,388	6.61
Lease liabilities-non-current	6(8)	88,689	0.12	88,113	0.13
Total non-current liabilities		9,643,658	13.62	9,415,251	14.05
Total liabilities		22,919,575	32.38	22,555,972	33.65
EQUITY ATTRIBUTABLE TO OWNERS OF THE COMPANY
Capital stock	6(16)	11,918,206	16.84	11,918,206	17.78
Capital surplus	6(16)	1,060,226	1.50	1,060,226	1.58
Retained earnings	6(16)	34,157,929	48.26	30,456,881	45.45
Legal reserve		5,038,404	7.12	4,475,378	6.68
Special reserve		—	—	340,217	0.51
Unappropriated earnings		29,119,525	41.14	25,641,286	38.26
Other equity	6(16)	726,309	1.02	1,033,811	1.54
Exchange differences on translation of foreign operations		738,599	1.04	1,049,838	1.56
Unrealized gain (loss) on financial assets at fair value through other comprehensive income		(12,290)	(0.02)	(16,027)	(0.02)
Total equity		47,862,670	67.62	44,469,124	66.35
TOTAL		$ 70,782,245	100.00	$ 67,025,096	100.00

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

COMPEQ MANUFACTURING CO., LTD.
PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME
FOR THE YEARS ENDED ON DECEMBER 31, 2025 AND 2024
(Expressed in thousands of New Taiwan Dollars, Except Earnings Per Share)

DESCRIPTION	NOTE	2025		2024
		Amount	%	Amount	%
OPERATING REVENUES	6(18),7	$ 37,611,700	100.00	$ 37,713,623	100.00
OPERATING COSTS	6(3),7	(31,964,595)	(84.99)	(30,979,388)	(82.14)
GROSS PROFIT BEFORE UNREALIZED GROSS		5,647,105	15.01	6,734,235	17.86
UNREALIZED PROFIT FROM SALES		(6,056)	(0.01)	(82,462)	(0.22)
REALIZED PROFIT FROM SALES		82,462	0.22	836	—
GROSS PROFIT		5,723,511	15.22	6,652,609	17.64
OPERATING EXPENSES
Selling and marketing expenses		(599,073)	(1.59)	(572,601)	(1.52)
General and administrative expenses		(368,834)	(0.98)	(371,644)	(0.99)
Research and development expenses		(1,489,973)	(3.96)	(1,110,286)	(2.94)
Expected credit (loss) gain reversal	6(2)	(13,876)	(0.04)	2,402	0.01
Total operating expenses		(2,471,756)	(6.57)	(2,052,129)	(5.44)
INCOME FROM OPERATIONS		3,251,755	8.65	4,600,480	12.20
NON-OPERATING INCOME AND EXPENSES
Interest income	7	350,114	0.93	275,101	0.73
Other income	6(19),7	157,347	0.42	226,451	0.60
Other gains and losses	6(20),7	(583,880)	(1.55)	342,522	0.91
Finance costs	6(21)	(111,307)	(0.30)	(104,381)	(0.28)
Share of profit of subsidiaries and associates	6(22)	4,230,984	11.25	1,486,409	3.94
Total non-operating income and expenses		4,043,258	10.75	2,226,102	5.90
INCOME BEFORE INCOME TAX		7,295,013	19.40	6,826,582	18.10
INCOME TAX EXPENSE	6(23)	(728,145)	(1.94)	(1,227,486)	(3.25)
NET INCOME		$ 6,566,868	17.46	$ 5,599,096	14.85
OTHER COMPREHENSIVE INCOME (LOSS)
Items that will not be reclassified subsequently to profit or loss
Remeasurement of defined benefit obligation	6(15)	(6,813)	(0.02)	38,952	0.10
Unrealized gain (loss) from investments in equity instruments measured at fair value through other comprehensive income		13,586	0.04	—	—
Share of other comprehensive income (loss) of subsidiaries and associates		(9,849)	(0.03)	(1,878)	—
Income tax benefit (expense) related to items that will not be reclassified subsequently	6(23)	1,362	—	(7,790)	(0.02)
Items that may be reclassified subsequently to profit or loss
Exchange differences on translation of foreign operations	6(16)	(389,048)	(1.03)	1,719,883	4.56
Income tax relating to the components of other comprehensive income (loss)	6(23)	77,809	0.21	(343,977)	(0.92)
Other comprehensive (loss) income, net of income tax		(312,953)	(0.83)	1,405,190	3.72
TOTAL COMPREHENSIVE INCOME FOR THE YEAR		$ 6,253,915	16.63	$ 7,004,286	18.57
EARNING PER SHARE
Basic	6(17)	$ 5.51		$ 4.70
Diluted	6(17)	$ 5.49		$ 4.69

COMPEQ MANUFACTURING CO., LTD.
PARENT COMPANY ONLY STATEMENTS OF CHANGES IN EQUITY
FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024
(Expressed in thousands of New Taiwan Dollars)

DESCRIPTION	Equity attributable to the owners of the Company							Total equity
	Capital Stock	Capital surplus	Retained earnings			Other equity
			Legal reserve	Special reserve	Unappropriated earnings	Exchange differences on translation of foreign operations	Unrealized gain (loss) on financial assets at fair value through other comprehensive income
BALANCE, JANUARY 1, 2024	$ 11,918,206	$ 1,060,226	$ 4,061,551	$ 12,459	$ 22,540,344	$ (326,068)	$ (14,149)	$ 39,252,569
Appropriations of prior year’s earnings
Legal reserve	—	—	413,827	—	(413,827)	—	—	—
Special reserve reversed	—	—	—	327,758	(327,758)	—	—	—
Cash dividends	—	—	—	—	(1,787,731)	—	—	(1,787,731)
Net income in 2024	—	—	—	—	5,599,096	—	—	5,599,096
Other comprehensive income in 2024, net of income tax	—	—	—	—	31,162	1,375,906	(1,878)	1,405,190
Total comprehensive income in 2024	—	—	—	—	5,630,258	1,375,906	(1,878)	7,004,286
BALANCE, DECEMBER 31, 2024	11,918,206	1,060,226	4,475,378	340,217	25,641,286	1,049,838	(16,027)	44,469,124
Appropriations of prior year’s earnings
Legal reserve	—	—	563,026	—	(563,026)	—	—	—
Special reserve	—	—	—	(340,217)	340,217	—	—	—
Cash dividends	—	—	—	—	(2,860,369)	—	—	(2,860,369)
Net income in 2025	—	—	—	—	6,566,868	—	—	6,566,868
Other comprehensive income (loss) in 2025, net of income tax	—	—	—	—	(5,451)	(311,239)	3,737	(312,953)
Total comprehensive income in 2025	—	—	—	—	6,561,417	(311,239)	3,737	6,253,915
BALANCE, DECEMBER 31, 2025	$ 11,918,206	$ 1,060,226	$ 5,038,404	$ —	$ 29,119,525	$ 738,599	$ (12,290)	$ 47,862,670

COMPEQ MANUFACTURING CO., LTD.
PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED ON DECEMBER 31, 2025 AND 2024
(Expressed in thousands of New Taiwan Dollars)

DESCRIPTION	2025	2024
CASH FLOWS FROM OPERATING ACTIVITIES
Income before income tax	$ 7,295,013	$ 6,826,582
Adjustments for:
Income and expense (loss) items
Depreciation expense	1,325,289	1,398,970
Amortization expense	15,230	12,729
Expected credit loss (gain) reversal	13,876	(2,402)
Interest expense	111,307	104,381
Interest income	(350,114)	(275,101)
Share of profit of subsidiaries and associates	(4,230,984)	(1,486,409)
Loss on disposal and write-off of property, plant and equipment	15,018	6,122
Unrealized profit from sales	323	42
Realized profit on from sales	(7,456)	(10,817)
Other Item	(12)	(6)
Changes in operating assets and liabilities
Notes receivable	74	(74)
Accounts receivable	(119,201)	(1,138,999)
Receivables from related parties	184,094	(252,848)
Other receivables	3,755	(26,748)
Inventories	(948,357)	(4,722)
Prepayments	(23,273)	3,053
Other current assets	673	(2,523)
Other current financial assets	659,602	(1,420,144)
Net defined pension assets	(39,544)	(13,585)
Notes payable	(74)	(888)
Accounts payable	597,794	85,872
Payables to related parties	(549,409)	1,010,119
Other payables	(202,268)	205,105
Provisions	11,184	37,872
Other current liabilities	478,351	512,090
Net defined pension liabilities	—	(121,555)
Cash generated from operations	4,240,891	5,446,116
Interest received	299,840	312,267
Dividends received	—	425,150
Interest paid	(112,511)	(104,018)
Income taxes paid	(740,904)	(1,121,010)
Net cash generated by operating activities	$ 3,687,316	$ 4,958,505

(Continued)

COMPEQ MANUFACTURING CO., LTD.
PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED ON DECEMBER 31, 2025 AND 2024
(Expressed in thousands of New Taiwan Dollars)

DESCRIPTION	2025	2024
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of financial assets at fair value through other comprehensive income	$ (107,824)	$ —
Acquisition of investments accounted for using equity method	—	(995,062)
Acquisition of property, plant and equipment	(1,115,692)	(574,597)
Proceeds from disposal of property, plant and equipment	112,079	28,644
Increase in Refundable Deposits	(64,400)	(70,690)
Decrease in Refundable Deposits	67,646	60,992
Increase in other Receivables from related parties	(183,130)	(1,631,325)
Acquisition of Intangible Assets	(31,580)	(7,266)
Net cash used in investing activities	(1,322,901)	(3,189,304)
CASH FLOWS FROM FINANCING ACTIVITIES
(Decrease) increase in short-term borrowings	(223,050)	223,050
Increase in long-term borrowings	3,605,000	1,305,000
Decrease in long-term borrowings	(3,611,915)	(1,103,251)
Increase in guarantee deposits received	8,990	6,431
Decrease in guarantee deposits received	(5,746)	(6,965)
Repayment of the principal portion of lease liabilities	(33,868)	(36,708)
Cash dividends	(2,860,369)	(1,787,731)
Net cash used in financing activities	(3,120,958)	(1,400,174)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(756,543)	369,027
CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD	5,389,028	5,020,001
CASH AND CASH EQUIVALENTS AT END OF THE PERIOD	$ 4,632,485	$ 5,389,028

INDEPENDENT AUDITORS' REPORT

NO.00151140ECA

To the Board of Directors of Compeq Manufacturing Co., Ltd.,

Opinion

We have audited the accompanying consolidated financial statements of Compeq Manufacturing Co., Ltd. and its subsidiaries (collectively referred to as “the Company”), which comprise the consolidated balance sheets as of December 31, 2025 and 2024, and the consolidated statements of comprehensive income, changes in equity and cash flows for the years ended December 31, 2025 and 2024, and notes to the consolidated financial statements, including a summary of significant accounting policies.

In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Company 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 the International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), IFRIC interpretations (IFRIC), and SIC Interpretation (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 the Standards on Auditing of the Republic of China. Our responsibilities under those standards are further described in the Auditors’ Responsibilities for the Audit of the Consolidated Financial Statements section of our report. We are independent of the Company in accordance with the Norm of Professional Ethics for Certified Public Accountant of the in Republic of China, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the consolidated financial statements for the year ended December 31, 2025. These matters were addressed in the context of our audit of the consolidated financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.

Key audit matters for the Company’s consolidated financial statements for the year ended December 31, 2025 are explained as follows:

20

Revenue recognition from shipping warehouses

Description of the key audit matter

Refer to note 4(14) and 6(18) of the consolidated financial statements for the information relating to revenue recognition.

The Company's sales come in two types of direct shipping from factories and shipping from warehouses, revenue is recognized on the transfer of control of the products on an individual sales contract basis. In which the revenue from shipping warehouses is recognized when the customer picks up the products. The Company mainly recognizes its revenue in accordance with the statements or other information provided by the custodians of shipping warehouses and reconciliation with any change in recorded inventory. Given that the shipping warehouses spread many regions and the sales terms for each major customer also vary, such revenue recognition process often involves a lot of labor in operation, which is likely to result in inappropriate timing to recognize the revenue or inconsistency between physical quantity and recorded quantity of the inventory in custody. On the other hand, it requires both parties' labor judgment to determine if a shipment meets the terms for customer's acquisition of products control right and such risk is the major measurement index adopted by the report users. As such, the deadline of the recognition of the revenue of the products sold from shipping warehouses is listed as one of the key audit matters.

1. Understand and assess the propriety of the accounting policy for revenue recognition, and evaluate and test the internal control in relation to the timing of revenue recognition.
2. Perform cut-off tests on the revenue from shipping warehouses in the periods before and after the balance sheet date, and check if customer account statement data, change in recorded inventory, revenue and cost carry-over were recorded at appropriate times.
3. Execute sending confirmation letters or field stock-taking observation for the quantity of inventory in shipping warehouses, and check as well as reconcile the warehouse inventory quantity with the recorded inventory quantity. In case of any inconsistency with the recorded inventory quantity found from the enquiry response or stock-taking observation, the reasons for the inconsistency will be investigated and the test for the reconciliation items shall be executed, so as to confirm if material differences are properly adjusted and recorded.

Evaluation of allowance for loss on reduction of inventory to market

Description of the key audit matter

Refer to note 4(8), 5(2) and 6(4) of the consolidated financial statements for the information relating to inventory valuation.

The Company mainly engages in manufacture and sales of PCB(Printed Circuit Boards). Due to their short life cycle and severe competition in the industry, electronic products are susceptible to the volatility of market prices, so they have higher risk in losses on reduction of inventory to market and inventory obsolescence. The net realizable value adopted by the Company for invalid and obsolescent inventory often involves subjective judgment. Given that the Company's inventory and its allowance for loss on reduction of inventory to market have a vital impact on its financial statements, the valuation of the allowance for loss on reduction of inventory to market is listed as one of the key audit matters.

1. Evaluate if the policy and procedure for setting aside the allowance for loss on reduction of inventory to market are appropriately and consistently adopted.
2. Understand the inventory warehouse management process, inspect the annual stock-taking plan and participate in the annual observation of stock-taking, so as to confirm the inventory management and status.
3. Acquire the statement to identify inventory obsolescence and invalidation and verify inventory aging propriety and rationality, so as to confirm the possibility for the loss of the inventory exceeding a certain inventory age and coverage of the invalid and obsolescent inventory items in the statement, and ensure the consistence of the statement information with the policy.
4. Inspect a variety of data adopted by the management for calculation of the inventory net realizable value, and give random check and calculation to evaluate the rationality of the inventory net realizable value and judge if relevant disclosures are adequate.

Other Matter

We have also audited the parent company only financial statements of Compeq Manufacturing Co., Ltd. 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 the IFRS, IAS, IFRIC, and 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.

21

In preparing the consolidated 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 members of the Audit Committee), are responsible for overseeing the Company's financial reporting process.

Auditors' Responsibilities For The Audit of The Consolidated Financial Statements

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

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

1. 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.
2. 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.
3. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.
4. 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 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 Company to cease to continue as a going concern.

22

1. 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.

2. Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Company 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 for the year ended December 31, 2025 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.

Baker Tilly Clock & Co
Hsin-Liang Wu, CPA
Chi-Ping Lin, CPA
March 5, 2026

Notes to Readers

The accompanying consolidated financial statements are intended only to present the consolidated financial position, financial performance and its 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 (or review) such consolidated financial statements are those generally accepted and applied in the Republic of China. The 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 auditors' report and consolidated financial statements, the Chinese version shall prevail.

23

COMPEQ MANUFACTURING CO., LTD. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
December 31, 2025 and 2024
(Expressed in thousands of New Taiwan Dollars)

ASSETS	NOTES	December 31,2025		December 31,2024
		Amount	%	Amount	%
CURRENT ASSETS
Cash and cash equivalents	6(1)	$ 11,508,955	12.72	$ 11,152,324	13.08
Financial assets at fair value through profit or loss-current	6(2)	54,608	0.06	186,408	0.22
Notes receivable	6(3)	166,727	0.18	99,423	0.12
Accounts receivable	6(3)	18,375,310	20.31	17,058,519	20.01
Other receivables		632,842	0.70	741,530	0.87
Current tax assets	6(22)	30,025	0.03	15,271	0.01
Inventories	6(4)	11,523,101	12.73	8,453,928	9.92
Prepayments		745,213	0.82	385,041	0.45
Other current financial assets-current	6(5),8	7,807,609	8.63	8,056,436	9.45
Other current assets		91,006	0.10	85,331	0.10
Total current assets		50,935,396	56.28	46,234,211	54.23
NON-CURRENT ASSETS
Financial assets at fair value through other comprehensive income-non-current	6(6)	126,664	0.14	11,097	0.01
Property, plant and equipment	6(7),8	37,630,774	41.58	37,276,439	43.73
Right-of-use assets	6(8)	398,161	0.44	422,463	0.50
Intangible assets	6(9)	316,935	0.35	326,728	0.38
Deferred tax assets	6(22)	759,139	0.84	692,302	0.81
Prepayments for equipment		185,828	0.21	172,958	0.20
Refundable deposits		15,483	0.02	19,587	0.02
Net defined pension assets-non-current	6(15)	85,268	0.09	52,537	0.06
Other non-current assets		43,385	0.05	52,142	0.06
Total non-current assets		39,561,637	43.72	39,026,253	45.77
TOTAL		$ 90,497,033	100.00	$ 85,260,464	100.00

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

COMPEQ MANUFACTURING CO., LTD. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
December 31, 2025 and 2024
(Expressed in thousands of New Taiwan Dollars)

LIABILITIES AND EQUITY	NOTES	December 31,2025		December 31,2024
		Amount	%	Amount	%
CURRENT LIABILITIES
Short-term borrowings	6(10)	$ 1,233,768	1.36	$ 1,514,110	1.78
Notes payable	6(11)	3,043,513	3.36	2,364,846	2.77
Accounts payable	6(11)	14,877,373	16.44	12,924,677	15.16
Other payables	6(12)	7,180,820	7.93	7,308,096	8.58
Current tax liabilities	6(22)	1,290,057	1.43	829,928	0.97
Provisions-current	6(13)	276,658	0.31	251,904	0.30
Current portion of long-term borrowings	6(14),8	928,443	1.03	1,453,663	1.70
Other current liabilities	6(8)	1,745,273	1.93	1,203,444	1.41
Total current liabilities		30,575,905	33.79	27,850,668	32.67
NON-CURRENT LIABILITIES
Long-term borrowings	6(14),8	7,796,664	8.61	8,383,347	9.83
Deferred tax liabilities	6(22)	4,144,163	4.58	4,397,141	5.16
Lease liabilities-non-current	6(8)	114,759	0.13	124,955	0.14
Net defined pension liabilities-non-current	6(15)	742	-	-	-
Other non-current liabilities-others		2,130	-	35,229	0.04
Total non-current liabilities		12,058,458	13.32	12,940,672	15.17
Total liabilities		42,634,363	47.11	40,791,340	47.84
EQUITY ATTRIBUTABLE TO OWNERS OF THE COMPANY
Capital stock	6(16)	11,918,206	13.17	11,918,206	13.98
Capital surplus	6(16)	1,060,226	1.17	1,060,226	1.24
Retained earnings	6(16)	34,157,929	37.75	30,456,881	35.73
Legal reserve		5,038,404	5.57	4,475,378	5.25
Special reserve		-	-	340,217	0.40
Unappropriated earnings		29,119,525	32.18	25,641,286	30.08
Other equity	6(16)	726,309	0.80	1,033,811	1.21
Exchange differences on translation of foreign operations		738,599	0.81	1,049,838	1.23
Unrealized gain (loss) on financial assets at fair value through other comprehensive income		(12,290)	(0.01)	(16,027)	(0.02)
Total equity attributable to owners of the Company		47,862,670	52.89	44,469,124	52.16
NON-CONTROLLING INTERESTS		-	-	-	-
Total equity		47,862,670	52.89	44,469,124	52.16
TOTAL		$ 90,497,033	100.00	$ 85,260,464	100.00

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

COMPEQ MANUFACTURING CO., LTD. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
FOR THE YEARS ENDED ON DECEMBER 31, 2025 AND 2024
(Expressed in thousands of New Taiwan Dollars, Except Earnings Per Share)

DESCRIPTION	NOTE	2025		2024
		Amount	%	Amount	%
OPERATING REVENUES	6(18)	$ 75,995,687	100.00	$ 72,464,408	100.00
OPERATING COSTS	6(4)	(61,873,094)	(81.42)	(60,871,618)	(84.00)
GROSS PROFIT		14,122,593	18.58	11,592,790	16.00
OPERATING EXPENSES
Selling and marketing expenses		(1,540,986)	(2.03)	(1,443,555)	(1.99)
General and administrative expenses		(1,383,459)	(1.82)	(1,312,077)	(1.81)
Research and development expenses		(3,031,630)	(3.99)	(2,738,967)	(3.78)
Expected credit (loss) gain reversal	6(3)	(16,494)	(0.02)	28,975	0.04
Total operating expenses		(5,972,569)	(7.86)	(5,465,624)	(7.54)
INCOME FROM OPERATIONS		8,150,024	10.72	6,127,166	8.46
NON-OPERATING INCOME AND EXPENSES
Interest income		426,614	0.56	471,249	0.65
Other income	6(19)	153,406	0.20	401,493	0.55
Other gains and losses	6(20)	(340,027)	(0.44)	537,570	0.74
Finance costs	6(21)	(310,176)	(0.41)	(467,675)	(0.64)
Total non-operating income and expenses		(70,183)	(0.09)	942,637	1.30
INCOME BEFORE INCOME TAX		8,079,841	10.63	7,069,803	9.76
INCOME TAX EXPENSE	6(22)	(1,512,973)	(1.99)	(1,470,707)	(2.03)
NET INCOME		$ 6,566,868	8.64	$ 5,599,096	7.73
OTHER COMPREHENSIVE INCOME (LOSS)
Items that will not be reclassified subsequently to profit or loss
Remeasurement of defined benefit obligation	6(15)	(6,813)	(0.01)	38,952	0.05
Unrealized gain (loss) from investments in equity instruments measured at fair value through other comprehensive income	6(16)	7,744	0.01	(2,347)	-
Income tax benefit (expense) related to items that will not be reclassified subsequently	6(22)	(2,645)	-	(7,321)	(0.01)
Items that may be reclassified subsequently to profit or loss
Exchange differences on translation of foreign operations	6(16)	(389,048)	(0.51)	1,719,883	2.37
Income tax relating to the components of other comprehensive income (loss)	6(22)	77,809	0.10	(343,977)	(0.47)
Other comprehensive (loss) income, net of income tax		(312,953)	(0.41)	1,405,190	1.94
TOTAL COMPREHENSIVE INCOME FOR THE YEAR		$ 6,253,915	8.23	$ 7,004,286	9.67
NET INCOME ATTRIBUTABLE TO :
Shareholders of the parent		$ 6,566,868	8.64	$ 5,599,096	7.73
Non-controlling interests		-	-	-	-
		$ 6,566,868	8.64	$ 5,599,096	7.73
TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO :
Shareholders of the parent		$ 6,253,915	8.23	$ 7,004,286	9.67
Non-controlling interests		-	-	-	-
		$ 6,253,915	8.23	$ 7,004,286	9.67
EARNING PER SHARE
Basic	6(17)	$ 5.51		$ 4.70
Diluted	6(17)	$ 5.49		$ 4.69

COMPEQ MANUFACTURING 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)

DESCRIPTION	Equity attributable to the owners of the Company								Non-controlling interests	Total equity
	Capital Stock	Capital surplus	Retained earnings			Other equity		Subtotal
			Legal reserve	Special reserve	Unappropriated earnings	Exchange differences on translation of foreign operations	Unrealized gain (loss) on financial assets at fair value through other comprehensive income
BALANCE, JANUARY 1, 2024	$ 11,918,206	$ 1,060,226	$ 4,061,551	$ 12,459	$ 22,540,344	$ (326,068)	$ (14,149)	$ 39,252,569	$ -	$ 39,252,569
Appropriations of prior year’s earnings
Legal reserve	-	-	413,827	-	(413,827)	-	-	-	-	-
Special reserve reversed	-	-	-	327,758	(327,758)	-	-	-	-	-
Cash dividends	-	-	-	-	(1,787,731)	-	-	(1,787,731)	-	(1,787,731)
Net income in 2024	-	-	-	-	5,599,096	-	-	5,599,096	-	5,599,096
Other comprehensive income in 2024, net of income tax	-	-	-	-	31,162	1,375,906	(1,878)	1,405,190	-	1,405,190
Total comprehensive income in 2024	-	-	-	-	5,630,258	1,375,906	(1,878)	7,004,286	-	7,004,286
BALANCE, JANUARY 1, 2025	11,918,206	1,060,226	4,475,378	340,217	25,641,286	1,049,838	(16,027)	44,469,124	-	44,469,124
Appropriations of prior year’s earnings
Legal reserve	-	-	563,026	-	(563,026)	-	-	-	-	-
Special reserve	-	-	-	(340,217)	340,217	-	-	-	-	-
Cash dividends	-	-	-	-	(2,860,369)	-	-	(2,860,369)	-	(2,860,369)
Net income in 2025	-	-	-	-	6,566,868	-	-	6,566,868	-	6,566,868
Other comprehensive income (loss) in 2025, net of income tax	-	-	-	-	(5,451)	(311,239)	3,737	(312,953)	-	(312,953)
Total comprehensive income in 2025	-	-	-	-	6,561,417	(311,239)	3,737	6,253,915	-	6,253,915
BALANCE, DECEMBER 31, 2025	$ 11,918,206	$ 1,060,226	$ 5,038,404	$ -	$ 29,119,525	$ 738,599	$ (12,290)	$ 47,862,670	$ -	$ 47,862,670

COMPEQ MANUFACTURING CO., LTD. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED ON DECEMBER 31, 2025 AND 2024
(Expressed in thousands of New Taiwan Dollars)

DESCRIPTION	2025	2024
CASH FLOWS FROM OPERATING ACTIVITIES
Income before income tax	$ 8,079,841	$ 7,069,803
Adjustments for:
Income and expense (loss) items
Depreciation expense	5,708,480	5,714,948
Amortization expense	109,342	99,995
Expected credit loss (gain) reversal	16,494	(28,975)
Net (gain) loss on financial assets and liabilities at fair value through profit or loss	(17,744)	2,117
Interest expense	310,176	467,675
Interest income	(426,614)	(471,249)
Loss on disposal and write-off of property, plant and equipment	135,369	145,589
Exchange gain on long-term debts	(21,042)	(165,769)
Other Item	942	(845)
Changes in operating assets and liabilities
Financial assets mandatorily at fair value through profit or loss	149,555	25,803
Notes receivable	(68,095)	127,827
Accounts receivable	(1,439,810)	(39,113)
Other receivables	164,293	(366,413)
Inventories	(3,146,023)	(99,931)
Prepayments	(346,913)	116,320
Other current assets	9,305	(11,467)
Other current financial assets	94,680	(2,984,754)
Net defined pension assets	(39,544)	(13,585)
Notes payable	693,789	343,862
Accounts payable	2,014,592	678,568
Other payables	(17,177)	(60,349)
Provisions	28,404	21,463
Receipts in advance	167	(4,821)
Other current liabilities	515,128	564,532
Net defined pension liabilities	720	(121,555)
Cash generated from operations	12,508,315	11,009,676
Interest received	425,838	468,370
Interest paid	(309,205)	(520,626)
Income taxes paid	(1,337,156)	(1,243,971)
Net cash generated by operating activities	$ 11,287,792	$ 9,713,449

(Continued)

COMPEQ MANUFACTURING CO., LTD. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED ON DECEMBER 31, 2025 AND 2024
(Expressed in thousands of New Taiwan Dollars)

DESCRIPTION	2025	2024
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of financial assets at fair value through other comprehensive income	$ (107,824)	$ —
Acquisition of property, plant and equipment	(6,549,310)	(5,684,568)
Proceeds from disposal of property, plant and equipment	35,077	19,143
Increase in Refundable Deposits	(74,019)	(74,692)
Decrease in Refundable Deposits	70,090	61,802
Acquisition of Intangible Assets	(106,468)	(139,374)
Increase in prepayments for equipment	(28,829)	(51,461)
Net cash used in investing activities	(6,761,283)	(5,869,150)
CASH FLOWS FROM FINANCING ACTIVITIES
(Decrease) increase in short-term borrowings	(151,997)	1,205,900
Increase in long-term borrowings	4,994,680	3,737,908
Decrease in long-term borrowings	(5,994,966)	(7,247,116)
Increase in guarantee deposits received	36,729	16,312
Decrease in guarantee deposits received	(8,472)	(8,981)
Repayment of the principal portion of lease liabilities	(76,679)	(73,497)
(Decrease) increase in other non-current liabilities	(31,159)	(257,622)
Cash dividends	(2,860,369)	(1,787,731)
Net cash used in financing activities	(4,092,233)	(4,414,827)
EFFECT OF EXCHANGE RATE CHANGES ON THE BALANCE OF CASH AND CASH EQUIVALENTS HELD IN FOREIGN CURRENCIES	(77,645)	480,961
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	356,631	(89,567)
CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD	11,152,324	11,241,891
CASH AND CASH EQUIVALENTS AT END OF THE PERIOD	$ 11,508,955	$ 11,152,324

30

COMPEQ MANUFACTURING CO., LTD.

2025 PROFITS DISTRIBUTION TABLE

Unit: NT Dollars

Items	Amount
	Sub total	Total
Undistributed surplus at the beginning of the period		22,558,107,492
Add: 2025 net profit	6,566,868,051
Add: Adjusted and Actuarial loss on the pension benefit plan	(5,450,006)
2025 net profit of adjusted of other items		6,561,418,045
Less: 10% Legal Reserve Appropriated		(656,141,805)
Add: Special reserve		0
2025 Distributable net profit		5,905,276,240
Accumulated undistributed surplus for distribution		28,463,383,732
DISTRIBUTION ITEM
Cash Dividends to Common Share holders (NT$2.8 per share)		3,337,097,649
Undistributed surplus at the end of the period		25,126,286,083