Stock code: 6414

Ennoconn Corporation and its Subsidiaries

Consolidated Financial Statements and Independent Auditors' Report

2025 and 2024

Address: 3F-6F, No. 10, Jiankang Rd., Zhonghe Dist., New Taipei City Tel: (02)5590-8050

Notice to Reader

For the convenience of readers, this report has been translated into English from the original Chinese version. The English version has not been audited or reviewed by independent auditors. If there is any conflict between the English version and the original Chinese version or any difference in the interpretation of the two versions, the Chinese-language independent auditors’ report and consolidated financial statements shall prevail.

〜 1 〜

		Table of Contents
		Item	Pages
1.	Cover		1
2.	Table of Contents		2
3.	Statement		3
4.	Independent Auditors’ Report		4~7
5.	Consolidated Balance Sheet		9
6.	Consolidated statement of comprehensive income		9
7.	Consolidated Statement of Changes in Equity		10
8.	Consolidated Statement of Cash Flows		11
9.	Notes to the Consolidated Financial Statements
	(1)	Company History	12
	(2)	Financial statements approval dates and procedures	12
	(3)	Adoption of newly issued and revised regulations and	12~13
		interpretations
	(4)	Summary of significant accounting policies	12~39
	(5)	Significant accounting judgments, estimates and major	39~40
		sources of estimation uncertainty
	(6)	Explanation of significant accounts	40~98
	(7)	Related party transaction	98~103
	(8	Assets pledged as security	103
	(9)	Material contingent liabilities and unrecognized	103~104
		contractual commitments
	(10)	Losses due to major disasters	104
	(11)	Subsequent events after the balance sheet date	104
	(12)	Others	104~105
	(13)	Other disclosures	105~106
		1. Information on significant transactions	105~106, 109~127
		2. Information on reinvested businesses	106, 128~136
		3. Information on investment in Mainland China	106, 137~139
	(14)	Department information	106~108

〜 2 〜

Statement

For the 2025 (from January 1, 2025 to December 31, 2025), the companies that should be included in the preparation of the consolidated financial statements of affiliated enterprises in accordance with the "Regulations Governing the Preparation of Affiliated Enterprise Consolidated Business Reports, Affiliated Enterprise Consolidated Financial Statements and Affiliated Reports" are the same as those that should be included in the preparation of the parent-subsidiary consolidated financial reports in accordance with International Financial Reporting Standard No. 10 approved by the Financial Supervisory Commission. Furthermore, all relevant information that should be disclosed in the affiliated enterprise consolidated financial statements of has already been disclosed in the aforementioned parent-subsidiary consolidated financial reports. Therefore, no separate affiliated enterprise consolidated financial statements will be prepared.

Hereby declared

Company Name: Ennoconn Corporation

Chairman: Chu Fu-Chuan

Date: March 27, 2026

〜 3 〜

Independent Auditors' Report

Board of Directors, Ennoconn Corporation:

Audit Opinions

The consolidated balance sheets of Ennoconn Corporation and its subsidiaries (Ennoconn Group) as of December 31, 2025, and December 31, 2024, and the consolidated statements of comprehensive income, consolidated statements of changes in equity and consolidated statements of cash flows for the periods from January 1 to December 31, 2025 and 2024, as well as the notes to the consolidated financial statements (including a summary of significant accounting policies), have been audited by this Certified Public Accountant.

In our opinion, based on the results of our audit, the aforementioned consolidated financial statements have been prepared in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and the International Financial Reporting Standards, International Accounting Standards, Interpretations, and Interpretation Bulletins endorsed and issued into effect by the Financial Supervisory Commission in all material respects, and present fairly the consolidated financial position of the Ennoconn Group as of December 31, 2025 and December 31, 2024, and its consolidated financial performance and cash flows for the periods from January 1 to December 31, 2025 and 2024.

Basis of audit opinion

The CPAs have performed the audit in accordance with the Regulations Governing Financial Statement Audit and Attestation Engagements of Certified Public Accountants and auditing standards. Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Consolidated Financial Statements section of our report. The CPAs are independent of the Ennoconn Group in accordance with The Norm of Professional Ethics for Certified Public Accountant of the Republic of China and have fulfilled other ethical responsibilities in accordance with these requirements. Based on the audit results, the CPAs believe that sufficient and appropriate audit evidence has been obtained to provide a basis for expressing an audit opinion.

Key Audit Matters

The key audit matters are those matters that, in our professional judgment, were of most significance in the audit of the consolidated financial statements of Ennoconn Group for the year ended December 31, 2025. These matters have been addressed in the context of our audit of the consolidated financial statements as a whole and in forming our audit opinion thereon. Accordingly, we do not express a separate opinion on these matters. The key audit matters that the CPAs determined should be communicated in the auditor's report are as follows:

1. Evaluation of Goodwill Impairment

For accounting policies regarding goodwill impairment, please refer to Note 4(15) Impairment of Non-financial Assets in the Notes to Consolidated Financial Statements. For accounting estimates and uncertainties regarding goodwill, see Note 5(3) Impairment Assessment of Goodwill. For disclosure details concerning goodwill, please refer to Note 6(13) Intangible Assets.

〜 4 〜

Explanation of key audit items:

Ennoconn Group has expanded its marketing locations and increased its product lines through investing in acquisitions, generating related goodwill from consolidation. Management performs impairment assessment tests in accordance with IAS 36 "Impairment of Assets," using fair value less costs to sell or value in use as the recoverable amount. As the impairment assessment has a significant impact on the financial statements and involves management’s subjective judgment with a high degree of uncertainty, the impairment assessment of goodwill has been identified as a key audit matter in our audit.

The corresponding audit procedures:

The main audit procedures of this CPA regarding the above key audit matters include understanding the design and implementation of management's relevant internal controls, reviewing and verifying the accuracy of calculations for recoverable amounts and carrying values, and performing sensitivity analyses to comprehensively evaluate the reasonableness of the goodwill impairment assessment.

Other Matters

Ennoconn Corporation has prepared the parent company only financial statements for 2025 and 2024, both of which have been audited by the Certified Public Accountant with unqualified audit reports issued for reference.

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

Management is responsible for preparing consolidated financial statements that present fairly, in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers, and the International Financial Reporting Standards, International Accounting Standards, Interpretations, and Interpretative Announcements as endorsed by the Financial Supervisory Commission. Management is also responsible for maintaining internal control as deemed necessary to ensure that the consolidated financial statements are free from material misstatement, whether due to fraud or error.

In preparing the consolidated financial statements, management is also responsible for assessing the Group's ability to continue as a going concern, disclosing any matters related to going concern, and applying the going concern basis of accounting, unless management either intends to liquidate the Group or 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 Ennoconn Group's financial reporting process.

Auditors’ Responsibilities for the Audit of the Consolidated Financial Statements

The objective of an audit of consolidated financial statements is to obtain reasonable assurance regarding whether the consolidated financial statements as a whole, whether due to fraud or error, are free from material misstatement, and to issue an auditor's report. Reasonable assurance is a high level of assurance. However, an audit conducted in accordance with the auditing standards does not guarantee that any material misstatement in the consolidated financial statements will be detected. Misstatements may arise from fraud or error. A misstatement is considered material, if, individually or in aggregate, it could reasonably be expected to influence the economic decisions of users taken on the basis of the consolidated financial statements.

〜 5 〜

When conducting audits in accordance with auditing standards, we exercise professional judgment and maintain professional skepticism. The CPA also performed the following tasks:

Identify and assess the risks of material misstatement in consolidated financial statements arising from fraud or error. Design and implement appropriate responses to the assessed risks. Obtain sufficient and appropriate audit evidence to provide a basis for the audit opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal 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 internal control of Ennoconn Group.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.
Based on the audit evidence obtained, we conclude whether there is material uncertainty regarding events or circumstances that may cast significant doubt on the ability of Ennoconn Group to continue as a going concern based on the appropriateness of management's use of the going concern basis of accounting. If the CPA concludes that a material uncertainty exists, they shall highlight the related disclosures in the consolidated financial statements or, if such disclosures are deemed inadequate, the CPA is required to modify the opinion accordingly. Our conclusions are based on the audit evidence obtained up to the date of our auditors’ report. However, future events or conditions may cause Ennoconn Group to cease to continue its operations.
Evaluate the overall presentation, structure and content of the consolidated financial statements, including the notes, 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. The CPAs are responsible for guiding, supervising and executing the audit cases of the group, as well as forming the audit opinion of the group.

The matters that we communicate with those charged with governance include the planned scope and timing of the audit, as well as significant audit findings (including any significant deficiencies in internal control that we identify during our audit).

The CPAs also provide the governance unit with a statement confirming that the personnel of the CPA firm have complied with relevant ethical requirements regarding independence. They further communicate with the governance unit all relationships and other matters that could reasonably be considered to affect on the CPA's independence, along with any applicable safeguards.

From the matters communicated with those charged with governance, we determined those matters that were of most significance in our audit of the consolidated financial statements of Ennoconn Group for the year ended December 31, 2025, and identified them as key audit matters. We describe these matters in our auditor's report unless law or regulation precludes public disclosure about the specific matter or when, in extremely rare circumstances, we determine that a specific 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.

〜 6 〜

PMG Taiwan

Certified Public Accountant/CPA

Financial Supervisory Commission Approval Document: Financial Supervisory Commission Approval Letter No. 1040003949 Securities and Futures Commission Approval Letter No. 0920122026 March 27, 2026

〜 7 〜

Ennoconn Corporation and its Subsidiaries

Consolidated Balance Sheet

December 31, 2025 and 2024

Unit: NT$ thousand

2025.12.31	2024.12.31 2025.12.31 % Amount % Liabilities and Equity Amount % Current Liabilities: 17 27,891,962 19 2100 Short-Term Borrowings (Notes 6(16) and (28)) $ 13,389,284 8 - 66,781 - 2130 Current Contract Liabilities (Note 6(25)) 23,476,209 14 2150 Notes Payable (Note 6(28)) 2,145,544 1 - 211,031 - 2160 Notes Payable - Related Parties (Note 6(28) and 7) 81,127 - 9 13,055,333 9 2170 Accounts Payable (Note 6(28)) 23,493,448 15 - 105,330 - 2180 Accounts Payable - Related Parties (Notes 6(28) and 7) 76,286 - 14 22,002,867 15 2200 Other Payables (Including Related Parties) (Note 6(28)) 5,811,395 5 - 78,159 - 2230 Current Income Tax Liabilities 819,830 - 19 28,078,329 19 2250 Provision for Liabilities－Current (Note6 (10) and (20)) 2,352,652 1 6 5,476,506 4 2280 Lease Liabilities - Current (Notes 6(19) and (28)) 1,721,154 1 65 96,966,298 66 2321 Current portion of convertible corporate bonds payable within one year or one operating cycle (Note 3,191,833 2 6(18) and (28)) 2 2,279,247 2 2322 Long-Term Liabilities Due within One Year or One Operating Cycle (Note 6(17)) 3,846,235 2 2399 Other Current Liabilities 2,325,667 1 1 1,163,940 1 21XX Total current liabilities 82,730,664 50 Non-Current Liabilities: - 624,262 - 2527 Current Contract Liabilities (Note 6(25)) 728,046 1 8 11,475,376 8 2530 Corporate Bonds Payable (Notes 6(18) and (28)) - - 4 6,617,404 4 2540 Long-Term Loans (Notes 6(17) and (28)) 9,712,374 6 - 49,182 - 2550 Provisions for Liabilities - Non-Current((20)) 593,132 - 10 16,332,299 11 2570 Deferred Income Tax Liabilities (Note 6(22)) 299,736 - 5 7,517,223 5 2580 Non-Current Lease Liabilities (Notes 6(19) and (28)) 5,580,004 4 2 2,861,502 2 2640 Net Defined Benefit Liabilities - Non-Current (Note 6(21)) 693,351 - - 58,755 - 2670 Other Non-Current Liabilities 638,634 - 3 1,062,925 1 25XX Total non-current liabilities 18,245,277 11 35 50,042,745 34 2XXX Total liabilities 100,975,941 61 Equity (Note 6(23))： 3110 Share Capital 1,458,864 1 3200 Additional Paid-in Capital 17,161,079 10 Retained Earnings: 3310 Legal Reserve 1,652,323 1 3320 Special Reserve 607,389 - 3350 Undistributed Earnings 7,165,962 4 3300 Subtotal Retained Earnings 9,425,674 5 3490 Other Equity (320,076) - 31XX Sub total of Equity Attributable to Owners of Parent Company 27,725,541 16 36XX Non-Controlling Interests(Note6(11) and(22) 36,463,996 23 3XXX Total Equity 64,189,537 39 100 147,009,043 100 Total liabilities and equity $ 165,165,478 100	2025.12.31		2024.12.31
Amount	% Amount	Amount	%	Amount %
	17 27,891,962 - 66,781 - 211,031 9 13,055,333 - 105,330 14 22,002,867 - 78,159 19 28,078,329 6 5,476,506		8 14 1 - 15 - 5 - 1 1 2 2 1	14,029,464 10 15,285,228 10 1,916,875 1 9,008 - 21,602,049 15 82,993 - 5,713,663 4 1,455,375 1 1,967,893 1 1,672,853 1 - - 2,379,593 2 315,043 -
	65 96,966,298
	2 2,279,247 1 1,163,940 - 624,262 8 11,475,376 4 6,617,404 - 49,182 10 16,332,299 5 7,517,223 2 2,861,502 - 58,755 3 1,062,925
		82,730,664	50	66,430,037 45
		728,046 - 9,712,374 593,132 299,736 5,580,004 693,351 638,634 18,245,277	1 - 6 - - 4 - - 11	193,142 - 6,860,500 5 11,021,720 7 586,745 - 648,155 - 5,556,381 4 692,929 - 755,964 1 26,313,536 17
	35 50,042,745	100,975,941	61	92,743,573 62
	100 147,009,043	1,458,864	1	1,375,372 1
		17,161,079	10	15,663,929 11
		1,652,323 607,389 7,165,962	1 - 4	1,380,526 1 1,039,929 1 5,418,318 4
		9,425,674	5	7,838,773 6
		(320,076) -		(607,389) -
		27,725,541 16		24,270,685 18
		36,463,996 23		29,994,785 20
		64,189,537 39		54,265,470 38
		$ 165,165,478 100		147,009,043 100

(Please refer to the notes to the consolidated financial statements attached)

1XXX Total Assets

Chairman: Chu Fu-Chuan

Managerial Officer: Tsai Neng-Chi

Accounting Supervisor: Chuang Tsung-Hsien

〜 8 〜

Ennoconn Corporation and its Subsidiaries

Consolidated statement of comprehensive income

For the Years Ended December 31, 2025 and 2024

Unit: NT$ thousand

2025 Amount % 4100Net Operating Revenue (Notes 6(25) and 7) $ 142,289,669 100 5110Operating Costs (Notes 6(5), (12), (13), (14), (21), (26) and 7) 113,111,179 79 5900Gross Profit 29,178,490 21 Operating Expenses (Notes 6(5), (12), (13), (14), (21) and (26)): 6100 Selling Expenses 4,331,518 3 6200 Management Expenses 7,929,892 6 6300 Research and Development Expenses 10,839,354 8 6450 Expected Credit Losses 407,291 - 6000 Total Operating Expenses 23,508,055 17 6900Net Operating Income 5,670,435 4 Other Operating Income and Expenses (Notes 6(7), (10) and (27)) 7100 Interest Income 526,922 - 7190 Other Income 75,253 - 7020 Other Gains and Losses 5,067,262 4 7050 Financial Costs (1,432,129) (1) 7060 Share of Profits or Losses of Associates Accounted for Using the Equity Method 400 - 7000 Total Non-Operating Income and Expenses 4,237,708 3 7950Less: Income Tax Expense (Note 6(22)) 9,908,143 7 8000Net Profit from Continuing Operations for the Current Period 1,514,420 1 8100Discontinued operations profit (Note 12(2)) 8,393,723 6 8200Net profit for the period 70,292 - Other comprehensive income: 8,464,015 6 8310Items that Will not be Reclassified to Profit or Loss 8311 Remeasurement of Defined Benefit Plan 75,601 - 8316 Unrealized gains or losses on equity instrument investments measured at fair value through other comprehensive income (31,053) - 8320 Share of other comprehensive income of associates accounted for using equity method (Note 6)(7)) - - 8349 Less: Income tax relating to items that will not be reclassified (Note 6)(22)) 15,002 - Total items not reclassified to profit or loss 29,546 - 8360Items that May Be Reclassified Subsequently to Profit or Loss 8361 Exchange Differences on Translation of Foreign Financial Statements 1,125,905 1 8380 Share of other comprehensive income of associates accounted for using equity method (Note 6)(7)) (1,065) - 8399 Less: Income tax relating to items that will be reclassified (Note 6)(22)) (26,677) - Total items that may be reclassified subsequently to profit or loss 1,151,517 1 8300Other Comprehensive Income for the Fiscal Year 1,181,063 1 8500Total Comprehensive Income (Loss) for the Period $ 9,645,078 7 Net Profit for the Period Attributable to: 8610 Parent Company 3,213,314 2 8620 Non-Controlling Interests 5,250,701 4 Total comprehensive income attributable to: $ 8,464,015 6 8710 Parent Company 3,552,199 2 8720 Non-Controlling Interests $ 6,092,879 5 $ 9,645,078 7 9750Basic earnings per share (NT$) (Note 6(24)) $ 23.26 9850Diluted earnings per share (NT$) (Note 6(24)) $ 20.74	2025	2024
	Amount %	Amount %
		146,383,720 100 117,551,890 80
	29,178,490 21	28,831,830 20
	4,331,518 3 7,929,892 6 10,839,354 8 407,291 - 23,508,055 17	4,182,495 3 7,441,466 5 10,199,350 7 378,671 - 22,201,982 15
	5,670,435 4	6,629,848 5
	526,922 - 75,253 - 5,067,262 4 (1,432,129) (1) 400 -	494,214 - 68,843 - 2,089,351 1 (1,659,127) (1) 10,050 -
	4,237,708 3	1,003,331 -
	9,908,143 7 1,514,420 1	7,633,179 5 1,609,821 1
	8,393,723 6 70,292 -	6,023,358 4 108,423 -
	8,464,015 6	6,131,781 4
	75,601 - (31,053) - - - 15,002 -	7,073 - (525,998) - 823 - (2,223) -
	29,546 -	(515,879) -
	1,125,905 1 (1,065) - (26,677) -	1,138,886 - 11,345 - 36,711 -
	1,151,517 1	1,113,520 -
	1,181,063 1	597,641 -
		6,729,422 4
	3,213,314 2 5,250,701 4	2,739,775 2 3,392,006 2
		6,131,781 4
		3,150,505 2 3,578,917 2
		6,729,422 4
		20.03
		17.88

(Please refer to the notes to the consolidated financial statements attached)

Chairman: Chu Fu-Chuan

Managerial Officer: Tsai Neng-Chi

Accounting Supervisor: Chuang Tsung-Hsien

〜 9 〜

Ennoconn Corporation and its Subsidiaries

Consolidated Statement of Changes in Equity

For the Years Ended December 31, 2025 and 2024

Unit: NT$ thousand

Equity Attributable to Owners of the Parent Company

								Other Equity Items
				Retained Earnings			Exchange
							Differences on	Unrealized Gain or Loss		Total Equity
							Translation of	on Financial Assets at		Attributable to
		Additional					Foreign	Fair Value through		Owners of the	Non-
		Paid-in		Special	Undistributed		Financial	Other Comprehensive		Parent	Controlling
	Share Capital	Capital	Legal Reserve	Reserve	Earnings	Total	Statements	Income	Total	Company	Interests	Total Equity
Balance as of January 1, 2024	$ 1,319,999	14,940,752	1,161,514	905,934	4,612,432	6,679,880	(1,081,452)	41,523	(1,039,929)	21,900,702	27,777,256	49,677,958
Net profit for the period	-	-	-	-	2,739,775	2,739,775	-	-	-	2,739,775	3,392,006	6,131,781
Other comprehensive income (loss) for the
period	-	-	-	-	5,736	5,736	862,542	(457,548)	404,994	410,730	186,911	597,641
Total Comprehensive Income (Loss) for the
Period	-	-	-	-	2,745,511	2,745,511	862,542	(457,548)	404,994	3,150,505	3,578,917	6,729,422
Surplus allocation and distribution:
Legal Reserve	-	-	219,012	-	(219,012)	-	-	-	-	-	-	-
Special Reserve	-	-	-	133,995	(133,995)	-	-	-	-	-	-	-
Cash Dividends on Common Share	-	-	-	-	(1,559,072)	(1,559,072)	-	-	-	(1,559,072)	-	(1,559,072)
Subsidiary Shareholder Cash Dividends	-	-	-	-	-	-	-	-	-	-	(1,701,127)	(1,701,127)
Changes in Equity of Associates Accounted for
Using the Equity Method	-	7,592	-	-	-	-	-	-	-	7,592	-	7,592
Changes in Ownership Interests in Subsidiaries	-	(346,878)	-	-	-	-	-	-	-	(346,878)	346,878	-
Convertible Corporate Bond Conversion	55,373	1,062,463	-	-	-	-	-	-	-	1,117,836	-	1,117,836
Disposal of equity instruments measured at
fair value through other comprehensive
income	-	-	-	-	(27,546)	(27,546)	-	27,546	27,546	-	-	-
Changes in Non-Controlling Interests	-	-	-	-	-	-	-	-	-	-	(7,139)	(7,139)
Balance as of December 31, 2024	$1,375,372	15,663,929	1,380,526	1,039,929	5,418,318	7,838,773	(218,910)	(388,479)	(607,389)	24,270,685	29,994,785	54,265,470
Balance as of January 1, 2025	$ 1,375,372	15,663,929	1,380,526	1,039,929	5,418,318	7,838,773	(218,910)	(388,479)	(607,389)	24,270,685	29,994,785	54,265,470
Net profit for the period	-	-	-	-	3,213,314	3,213,314	-	-	-	3,213,314	5,250,701	8,464,015
Other comprehensive income (loss) for the
period	-	-	-	-	18,699	18,699	333,800	(13,614)	320,186	333,885	842,178	1,181,063
Total Comprehensive Income (Loss) for the
Period	-	-	-	-	3,232,013	3,232,013	333,800	(13,614)	320,186	3,552,199	6,092,879	9,645,078
Surplus allocation and distribution:
Legal Reserve	-	-	271,797	-	(271,797)	-	-	-	-	-	-	-
Special Reserve	-	-	-	(432,540)	432,540	-	-	-	-	-	-	-
Cash Dividends on Common Share	-	-	-	-	(1,677,985)	(1,677,985)	-	-	-	(1,677,985)	-	(1,677,985)
Subsidiary Shareholder Cash Dividends	-	-	-	-	-	-	-	-	-	-	(1,871,643)	(1,871,643)
The content arises from the recognition of
stock subscription rights due to the issuance of
convertible corporate bonds.	-	(3,352)	-	-	-	-	-	-	-	(3,352)	-	(3,352)
Changes in Equity of Associates Accounted for
Using the Equity Method	-	(64,000)	-	-	-	-	-	-	-	(64,000)	-	(64,000)
Changes in Ownership Interests in Subsidiaries	-	131,161	-	-	-	-	-	-	-	131,161	(131,161)	-
Convertible Corporate Bond Conversion	83,492	1,433,341	-	-	-	-	-	-	-	1,516,833	-	1,516,833
Disposal of equity instruments measured at
fair value through other comprehensive
income	-	-	-	-	32,873	32,873	-	(32,873)	(32,873)	-	-	-
Changes in Non-Controlling Interests	-	-	-	-	-	-	-	-	-	-	2,379,136	2,379,136
Balance as of December 31, 2025	$1,458,864	17,161,079	1,652,323	607,389	7,165,962	9,425,674	114,890	(434,966)	(320,076)	27,725,541	36,463,996	64,189,537

(Please refer to the notes to the consolidated financial statements attached)

Managerial Officer: Tsai Neng-Chi

Chairman: Chu Fu-Chuan

Accounting Supervisor: Chuang Tsung-Hsien

〜 10 〜

Ennoconn Corporation and its Subsidiaries

Consolidated Statement of Cash Flows

For the Years Ended December 31, 2025 and 2024

Cash Flows From Operating Activities: Continuing Operations Income Before Tax Net Income Before Tax from Discontinued Operations Net Profit Before Tax for the Period Adjustments for: Income and Expense Items: Depreciation Expense Amortization expenses Expected Credit Losses Net (Gains) Losses on Financial Assets and Liabilities at Fair Value through Profit or Loss Interest Expense Interest Income Dividend Revenue Share-based compensation cost Share of Profits or Losses of Associates Accounted for Using the Equity Method Loss on disposal and retirement of property, plant and equipment Property, Plant, and Equipment Reclassified to Expenses Gains on Disposal of Subsidiary Gains on Disposal of Investments Accounted for Using the Equity Method NGains on disposal of non-current assets held for sale Gain from Price Recovery of Inventory Loss on Inventory Scrap Gain on bargain purchase Loss on Onerous Contracts (Gain on Reversal) Others Total Revenue Expenses and Losses Changes in Assets/Liabilities Related to Operating Activities: Contract Assets Notes and Accounts Receivable Inventories Other Current Assets Other assets Contract Liabilities Notes Payable (Including Related Parties) Accounts Payable (Including Related Parties) Other Payables Provision for Liabilities Other Current Liabilities Other Liabilities Total Adjustments Cash inflow from operations Interest Received Dividends Received Interest Paid Income Taxes Paid Net Cash Inflows from Operating Activities Cash Flows from Investing Activities: Acquisition of Financial Assets Measured at Fair Value through Other Comprehensive Income Disposal of Financial Assets At Fair Value Through Other Comprehensive Income Acquisition Financial Assets Measured at Amortized Cost Disposal of Financial Assets Measured at Amortized Cost Acquisition Financial Assets Measured at Fair Value through Profit or Loss Disposal of Financial Assets at Fair Value through Profit or Loss Redemption of Financial Assets Measured at Fair Value through Profit or Loss Acquisition investment using the equity method Prepaid Investment Acquisition of Subsidiaries (Net of Cash Acquired) Disposal of Subsidiary Disposal of non-current assets held for sale Acquisition of Property, Plant and Equipment Disposal of Property, Plant and Equipment Acquisitions of Intangible Assets Disposal of Intangible Assets Acquisition Right-of-Use Assets Other Non-Current Assets Net Cash Outflow from Investing Activities Cash Flows from Financing Activities: Short-Term Borrowings Repayment of Convertible Corporate Bonds Borrowing of Long-Term Loans Repayment of Long-Term Loans Repayment of the Principal Portion of Lease Liabilities Distribute cash dividends Distribution of cash dividends to non-controlling interests Change in Non-Controlling Interests Net Cash Outflow from Financing Activities The Effects of Changes in Foreign Exchange Rates on Cash and Cash Equivalents Increase in Cash and Cash Equivalents for the Period Beginning Balance of Cash and Cash Equivalents Ending Balance of Cash and Cash Equivalents	Unit: NT$ thousand 2025 2024 7,633,179 70,292 108,423 $ 9,978,435 7,741,602 2,989,690 3,095,085 1,340,398 1,454,123 407,292 378,671 (1,761,923) (351,448) 1,432,129 1,659,127 (526,922) (494,214) (53,189) (52,276) 71,769 39,395 (400) (10,050) 1,852 86,266 131 - (2,840,320) (197,861) (17,330) - (70,292) (100,515) (248,865) (254,231) 400,849 286,484 - (204,756) (184,682) 103,409 111,342 (93,731) 1,051,529 5,343,478 (864,701) 2,678,747 (2,006,028) 1,520,297 (2,407,769) 1,308,633 (3,127,176) 1,443,347 (3,629) (41,070) 8,435,011 1,361,986 298,037 158,106 1,801,408 (2,320,646) 180,181 (784,682) (48,525) (780,646) 1,454,655 (551,698) (51,055) 87,731 4,711,938 9,423,583 14,690,373 17,165,185 434,177 439,466 89,365 61,876 (1,281,030) (1,374,739) (2,512,018) (2,190,030) 11,420,867 14,101,758 - (37,257) 339,726 20,854 (92,949) (32,554) 1,200 87,075 (107,018) (197,024) 251,192 115,055 57,696 34,526 (57,584) (27,181) (91,640) (57,157) 73,656 (3,903,002) 623,327 1,110,888 (100,891) 438,528 (2,969,560) (3,032,388) 98,874 243,975 (2,102,623) (1,714,708) 400,407 88,413 (47,395) (37,027) 156,033 (163,879) (3,567,549) (7,062,863) (2,981,482) (7,898,563) - (300) 1,148,612 11,440,155 (14,099) (91,002) (1,436,866) (1,704,254) (1,677,985) (1,559,072) (1,820,944) (1,699,957) (205,557) (2,290,547) (6,988,321) (3,803,540) (71,543) 595,653 793,454 3,831,008 27,891,962 24,060,954 $ 28,685,416 27,891,962	Unit: NT$ thousand 2025 2024 7,633,179 70,292 108,423 $ 9,978,435 7,741,602 2,989,690 3,095,085 1,340,398 1,454,123 407,292 378,671 (1,761,923) (351,448) 1,432,129 1,659,127 (526,922) (494,214) (53,189) (52,276) 71,769 39,395 (400) (10,050) 1,852 86,266 131 - (2,840,320) (197,861) (17,330) - (70,292) (100,515) (248,865) (254,231) 400,849 286,484 - (204,756) (184,682) 103,409 111,342 (93,731) 1,051,529 5,343,478 (864,701) 2,678,747 (2,006,028) 1,520,297 (2,407,769) 1,308,633 (3,127,176) 1,443,347 (3,629) (41,070) 8,435,011 1,361,986 298,037 158,106 1,801,408 (2,320,646) 180,181 (784,682) (48,525) (780,646) 1,454,655 (551,698) (51,055) 87,731 4,711,938 9,423,583 14,690,373 17,165,185 434,177 439,466 89,365 61,876 (1,281,030) (1,374,739) (2,512,018) (2,190,030) 11,420,867 14,101,758 - (37,257) 339,726 20,854 (92,949) (32,554) 1,200 87,075 (107,018) (197,024) 251,192 115,055 57,696 34,526 (57,584) (27,181) (91,640) (57,157) 73,656 (3,903,002) 623,327 1,110,888 (100,891) 438,528 (2,969,560) (3,032,388) 98,874 243,975 (2,102,623) (1,714,708) 400,407 88,413 (47,395) (37,027) 156,033 (163,879) (3,567,549) (7,062,863) (2,981,482) (7,898,563) - (300) 1,148,612 11,440,155 (14,099) (91,002) (1,436,866) (1,704,254) (1,677,985) (1,559,072) (1,820,944) (1,699,957) (205,557) (2,290,547) (6,988,321) (3,803,540) (71,543) 595,653 793,454 3,831,008 27,891,962 24,060,954 $ 28,685,416 27,891,962
	70,292	7,633,179 108,423
	$ 9,978,435 2,989,690 1,340,398 407,292 (1,761,923) 1,432,129 (526,922) (53,189) 71,769 (400) 1,852 131 (2,840,320) (17,330) (70,292) (248,865) 400,849 - (184,682) 111,342	7,741,602 3,095,085 1,454,123 378,671 (351,448) 1,659,127 (494,214) (52,276) 39,395 (10,050) 86,266 - (197,861) - (100,515) (254,231) 286,484 (204,756) 103,409 (93,731)
	1,051,529	5,343,478
	(864,701) (2,006,028) (2,407,769) (3,127,176) (3,629) 8,435,011 298,037 1,801,408 180,181 (48,525) 1,454,655 (51,055)	2,678,747 1,520,297 1,308,633 1,443,347 (41,070) 1,361,986 158,106 (2,320,646) (784,682) (780,646) (551,698) 87,731
	4,711,938	9,423,583
	14,690,373	17,165,185
	434,177 89,365 (1,281,030) (2,512,018)	439,466 61,876 (1,374,739) (2,190,030)
	11,420,867	14,101,758
	- 339,726 (92,949) 1,200 (107,018) 251,192 57,696 (57,584) (91,640) 73,656 623,327 (100,891) (2,969,560) 98,874 (2,102,623) 400,407 (47,395) 156,033	(37,257) 20,854 (32,554) 87,075 (197,024) 115,055 34,526 (27,181) (57,157) (3,903,002) 1,110,888 438,528 (3,032,388) 243,975 (1,714,708) 88,413 (37,027) (163,879)
	(3,567,549)	(7,062,863)
	(2,981,482) - 1,148,612 (14,099) (1,436,866) (1,677,985) (1,820,944) (205,557)	(7,898,563) (300) 11,440,155 (91,002) (1,704,254) (1,559,072) (1,699,957) (2,290,547)
	(6,988,321)	(3,803,540)
	(71,543) 793,454 27,891,962	595,653 3,831,008 24,060,954
	$ 28,685,416	27,891,962

(Please refer to the notes to the consolidated financial statements attached)

Chairman: Chu Fu-Chuan

Managerial Officer: Tsai Neng-Chi

Accounting Supervisor: Chuang Tsung-Hsien

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

Ennoconn Corporation and its Subsidiaries Notes to the Consolidated Financial Statements 2025 and 2024 (Unless otherwise specified, all amounts are in NT$ thousand)

1. Company History

Ennoconn Corporation (“the Company”) was established on July 12, 1999 after approval from the Ministry of Economic Affairs, and registered at 3F-6F, No. 10, Jiankang Road, Zhonghe District, New Taipei City. The Company and its subsidiaries (hereinafter collectively referred to as the 'Consolidated Company') are primarily engaged in the manufacturing and sales of industrial computers and IoT devices, intelligent manufacturing system integration, artificial intelligence and information software development services, data processing and cloud computing services, electronic component design and manufacturing, as well as international trade and import/export of telecommunications radio frequency equipment.

The Company conducted its initial public offering on November 21, 2012. On December 18 of the same year, its emerging stocks began trading on the Taipei Exchange (TPEx). Subsequently, the Company's stocks were listed and began trading on the Taiwan Stock Exchange Corporation on March 28, 2014.

2. Financial statements approval dates and procedures

The Consolidated Financial Statements were approved by the Board of Directors and authorized for issue on March 27, 2026

3. Adoption of newly issued and revised regulations and interpretations

(1) The impact of the International Financial Reporting Standards (“IFRSs”) endorsed by the Financial Supervisory Commission, R.O.C. (“FSC”) which have already been adopted.

The Consolidated Company have evaluated the newly revised International Financial Reporting Standards (IFRSs) applicable from January 1, 2025, and determined that their adoption will not have a material impact on the consolidated financial statements.

‧ Amendments to IAS 21 "Lack of Exchangeability"
(2) Effect of not adopting IFRSs recognized by the FSC

The Consolidated Company adopts the amendments to the International Financial Reporting Standards (IFRS) from January 1, 2026, which did not result in significant changes on the parent company only financial reports.

‧ IFRS 17 "Insurance Contracts", including the amendment to IFRS
‧ Amendments to IFRS 9 and IFRS 7 "Classification and Measurement of Financial Instruments"
‧ Annual Improvements to IFRS Accounting Standards
‧ Amendments to International Financial Reporting Standard 9 and International Financial Reporting Standard 7 "Contracts involving Nature-dependent Electricity"

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(3) The impact of IFRSs issued by the IASB but not yet endorsed by the FSC

The International Accounting Standards Board has issued and amended standards and interpretations that have not yet been endorsed by the Financial Supervisory Commission, which may be relevant to the Consolidated Company as follows:

Newly issued or amended standards IFRS 18 “Presentation and Disclosure in Financial Statements”	Main amendments The new guidelines introduce three types of income and expenses, two subtotals in the income statement, and one note related to Management-defined Performance Measures. These three amendments and enhancements to the guidance on how information is disaggregated in financial statements provide a basis for better and more consistent information for users and will impact all companies.  A more structured income statement: Under the current standards, companies use different formats to present their operating results, making it difficult for investors to compare financial performance across different companies. The new standards adopt a more structured income statement, introducing a newly defined subtotal for "operating profit" and requiring all income and expenses to be categorized into three new distinct types based on the company's main operating activities.  Management-defined Performance Measure (MPM): The new standards introduce a Management-defined Performance Measures and require companies to explain in a single note in the financial statements why each measure provides useful information, how it is calculated, and how it reconciles to amounts recognized under IFRS accounting standards.	Effective date issued by the International Accounting Standards Board (IASB)
		January 01, 2027 Note: The Financial Supervisory Commission issued a press release on September 25, 2025, announcing that Taiwan will adopt IFRS 18 in the fiscal year 2028. If the company has a need for early adoption, it may also choose to adopt early after the approval of the FSC.

More disaggregated information: The new standards include guidance for companies on how to enhance the disaggregation of information in financial statements. This includes guidance on whether information should be included in the primary financial statements or further disaggregated in the notes.

The Consolidated Company is currently evaluating the impact of the aforementioned standards and interpretations on its financial position and operating results. The relevant impacts will be disclosed upon completion of the assessment.

The Consolidated Company does not expect the following new releases and amended standards that have not yet been recognized to have a material impact on the consolidated financial statements.

‧ Amendments to IFRS 10 and IAS 28 “Sale or Contribution of Assets between an Investor and its Associate or Joint Venture”
‧ IFRS 19 "Subsidiaries without Public Accountability: Disclosures" and Amendments to IFRS 19

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

4. Summary of significant accounting policies

(1) Statement of Compliance

This consolidated financial report is prepared in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers (hereinafter referred to as the "Preparation Regulations") and the International Financial Reporting Standards, International Accounting Standards, Interpretations and Interpretation Announcements recognized and issued into effect by the Financial Supervisory Commission (hereinafter referred to as the "IFRSs ratified by the FSC").

(2) Basis of Preparation
Measurement bases

Except for the following significant items in the consolidated balance sheets, these consolidated financial statements have been prepared on the historical cost basis:

(1) Financial assets measured at fair value through profit or loss;
(2) Financial assets at fair value through other comprehensive income measured at fair value
(3) The net defined benefit liability is measured at the fair value of the retirement fund assets less the present value of the defined benefit obligation and the effect of the asset ceiling mentioned in Note 6(21).
Functional currency and presentation currency

Each entity in the Consolidated Company uses the currency of the primary economic environment in which it operates as its functional currency. This consolidated financial report is expressed in New Taiwan Dollars, the functional currency of the Company. All financial information expressed in New Taiwan Dollars is presented in thousands of New Taiwan Dollars.

(3) Merger Fundamentals
Principles of Consolidated Financial Statements Preparation

The entity for preparing the consolidated financial statements includes the Company and the entities controlled by the Company (i.e., subsidiaries). The Company controls an entity when the Company is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity.

From the date of obtaining control over a subsidiary, its financial statements are included in the consolidated financial statements until the date of losing control. Transactions, balances, and any unrealized gains and losses between cosolidated companies are fully eliminated in the preparation of consolidated financial statements. The total comprehensive income of subsidiaries is attributed to the owners of the Company and non-controlling interests, even if this results in the non-controlling interests having a deficit balance.

The financial statements of subsidiaries have been properly adjusted to ensure consistency with the accounting policies adopted by the Consolidated Company.

Changes in a parent's ownership interest in a subsidiary that do not result in the parent losing control over the subsidiary are accounted for as equity transactions between owners. The difference between the adjustment to non-controlling interests and the fair value of the consideration paid or received is recognized directly in equity and attributed to the owners of the Company.

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

When a Consolidated Company loses control over a subsidiary, the assets (including goodwill) and liabilities of the former subsidiary and non-controlling interests are derecognized from the consolidated financial statements at their carrying amounts at the date when control is lost, and any retained investment in the former subsidiary is remeasured at its fair value at the date when control is lost. The disposal gain or loss is the difference between: the fair value of the consideration received and the fair value of any retained investment in the former subsidiary at the date when control is lost, and the aggregate carrying amounts of the (2)subsidiary's assets (including goodwill) and liabilities and any noncontrolling interests at the date when control is lost. For all amounts previously recognized in other comprehensive income related to the subsidiary, the accounting treatment basis is the same as the basis that the Consolidated Company would be required to follow if it had directly disposed of the related assets or liabilities.

Subsidiaries included in the consolidated financial statements

2. The subsidiaries included in these consolidated financial statements are:

Name of Investor Subsidiary Name Business Nature The Company Innovative Systems Integration Limited (Innovative Systems) Professional investment The Company Ennoconn International Investment Co., Ltd. (Ennoconn International) Professional investment The Company Ennoconn Investment HoldingsCo., Ltd. (EIH) Professional investment The Company and EIH AIS Cayman Technology (AIS Cayman) Professional investment The Company Ennoconn Solutions Singapore Pte. Ltd. (ESS) Cloud AI service EIH Ennoconn Hungary KFT Manufacturing and Marketing of Industrial Computers The Company and Ennoconn International CASwell Inc. and its Subsidiaries (Caswell and its Subsidiaries) Electronic components, computer and peripheral equipment manufacturing, electronic material wholesale, and information software services Innovative Systems Nanjing Asiatek Inc. Engaging in research, development, and sales of software and hardware products, as well as providing installation, debugging, and technical consulting services. Innovative Systems Ennoconn (Suzhou) Technology Co., Ltd. (Ennoconn (Suzhou)) R&D, production, and sales of industrial computers Innovative Systems Victor Plus Holdings Ltd. (Victor Plus) Import and export trading Innovative Systems ENNOHSD (Suzhou) Technology Co.,Ltd. Manufacture of intelligence vehicle equipment Ennoconn (Suzhou) Ennoconn (Kunshan) Technology Co., Ltd. (Ennoconn (Kunshan)) Intelligent technology development and hardware sales Ennoconn (Suzhou) Ennoconn Investment Co., Ltd. (Ennoconn Investment) Professional investment Ennoconn (Suzhou) Ennoconn Malaysia SDN. BHD. R&D, production, and sales of industrial computers Ennoconn (Suzhou) Zhongsheng Huachi New Energy (Suzhou) Co., Ltd. and its subsidiaries EV Chargers Ennoconn (Suzhou) Suzhou Heguangshidu Intelligent Equipment Co., Ltd. Technological development and hardware sales Ennoconn (Suzhou) Ennoconn Smart Link (Suzhou) Technology Co., Ltd. Equipment sales and software development	Business Nature		Percentage of Shares Held	Percentage of Shares Held	Description
			2025.12.31 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 32.50% 100.00% 100.00% 100.00% 100.00% 70.00% 100.00% 100.00% 40.00% 52.00% 52.00%	2024.12.31 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 31.70% 100.00% 100.00% 100.00% 100.00% 70.00% 100.00% 100.00% - - -
					Note 1 Note 6 Note 12 Note 15

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

Name of Investor Subsidiary Name Business Nature Ennoconn (Suzhou) Kunshan Ennoconn Trading Co., Ltd. Equipment sales and software development Ennoconn (Suzhou) and Ennoconn Investment Ennoconn (Foshan) Investmen Co., Ltd. Professional investment Ennoconn International Goldtek Technology Co., Ltd. and its Subsidiaries (Goldtek and its Subsidiaries) Wholesale and retail of telecommunications control RF equipment input and information software Ennoconn International EnnoMech Precision (Cayman) Co., Ltd. Professional investment Ennoconn International Ennowyse Corporation (Ennowyse) Research, design and sales of mobile payment, electronic signature, and information security products Ennoconn International Thecus Technology Corp. Electronic components, computer and peripheral equipment manufacturing, electronic material wholesale, and information software services Ennoconn International Dexatek Technology Ltd. (Dexatek) Multimedia product R&D and design and manufacturing business Ennoconn International Marketech International Corp. and its Subsidiaries (Marketech and its Subsidiaries) High-tech industry plant operations and manufacturing system planning and integration services Ennoconn International Poslab Technology Corporation (Poslab) Manufacturing, wholesale and sales of electronic and peripheral equipment Ennoconn International EnnoRise Corporation Other power generation, transmission and distribution machinery manufacturing Ennoconn International EnnoFill Power Co., Ltd. (EnnFill) Other power generation, transmission and distribution machinery manufacturing Ennoconn International Ennotech Vietnam CompanyLimited （Ennotech） R&D, production, and sales of industrial computers Ennoconn International Ennoconn Solutions (Thailand) Co. Ltd. General Trade Company Ennoconn International DuDoo Ltd. and its subsidiaries Professional investment Ennoconn International EnnoMech Precision Co., Ltd.(EnnoMech Precision) Electronic components, computer and peripheral equipment manufacturing, electronic material wholesale, and information software services Ennoconn International, CASwell, Marketech and Goldtek Renown Information Technology Corp. (Renown Information Technology) Electronic components, computer and peripheral equipment manufacturing, electronic material wholesale, and information software services Ennoconn International Dexatek Technology Ltd. (Dexatek) Multimedia product R&D and design and manufacturing business Ennoconn International and EIH Kontron AG and its subsidiaries Information system software and hardware integration service Ennoconn International and ESS Ennoconn India Corporation Private Limited R&D, production, and sales of industrial computers AIS Cayman American Industnial Systems Inc.(AIS) Human-machine interface, industry 4.0, and other related products AIS Cayman Vecow Co., Ltd. Manufacture, processing, trading and import/export of telecommunication machinery equipment, electronic equipment	Business Nature		Percentage of Shares Held	Percentage of Shares Held	Description
			2025.12.31 100.00% 100.00% 56.74% 67.65% 100.00% 60.00% 53.11% 38.18% 70.00% 60.00% 100.00% 100.00% 100.00% 44.94% 100.00% 36.57% 53.11% 28.44% 100.00% 100.00% 100.00%	2024.12.31 - 100.00% 56.74% 100.00% 100.00% 60.00% 55.01% 41.46% 70.00% 60.00% 100.00% 100.00% 100.00% - - 36.95% 55.01% 28.64% - 100.00% 100.00%
					Note 16 Note 18 Note 14 Note 2 Note 10 Note 19 Note 3 Note 14 Note 4 Note 9

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

Name of Investor Subsidiary Name Business Nature and electronic devices, etc. AIS Cayman Ennoconn México, S. de R.L. de C.V. Sales of industrial computers AIS Cayman Ennoconn Chile SpA Sales of industrial computers AIS Cayman Ennoconn Peru, S.A.C. Sales of industrial computers EnnoMech (Cayman) EnnoMech Precision Co., Ltd.(EnnoMech Precision) Electronic components, computer and peripheral equipment manufacturing, electronic material wholesale, and information software services EnnoMech (Cayman) HighAim Technology Inc. (HighAim) Professional investment HighAim Highaim Technology (Shenzhen) Inc. and its subsidiaries Design, research and development, and production of various molds, servers, and communication equipment HighAim Andrix International LTD. Import and export trading HighAim Funology Investment Inc Import and export trading HighAim HiAim (Cayman) Technology Holding Co., Ltd. Professional investment ESS Nera Telecommunications Ltdand its subsidiaries (Nera and its subsidiaries) Network infrastructure, wireless communication solutions, and information security services ESS Ennoconn Australia Pty Ltd. and its subsidiaries (Ennoconn Australia and its subsidiaries) Sales of industrial computers ESS Ennoconn Philippines Pty. Ltd. R&D of industrial computers ESS Ennoconn Japan Co., Ltd. Communication machinery and equipment, electronic equipment, and electronic devices ESS EnnoAI Solutions Singapore Pte. Ltd. R&D, production, and sales of industrial computers	Business Nature		Percentage of Shares Held	Percentage of Shares Held	Description
			2025.12.31 99.97% 100.00% 99.90% - 100.00% 100.00% 100.00% 100.00% 100.00% 63.77% 100.00% 100.00% 100.00% 100.00%	2024.12.31 - - - 100.00% 67.65% 100.00% 100.00% 100.00% - 63.77% 99.97% - - -
					Note 17 Note 17 Note 17 Note 19 Note 18 Note 13 Note 5 Note 7 Note 11 Note 8

Note 1: The Company and Ennoconn International hold 27.27% and 5.23% equity interests, respectively. In April 2025, Ennoconn International acquired equity interest in CASwell for NT$45,120 thousand in cash, resulting in an increase in the Consolidated Company’s indirect shareholding ratio in CASwell from 31.70% to 32.50%. The Consolidated Company gained the power to exercise majority voting rights in the board of directors of CASwell, giving it the ability to lead decisions on personnel, finance and operations. Therefore, CASwell is listed as a subsidiary.

Note 2: The Consolidated Company, considering the relative proportion of voting rights held by other shareholders, is determined to have substantive control and is therefore listed as a subsidiary. During the holding period, the shareholding ratio decreased due to the exercise of conversion rights by the holders of the company's convertible corporate bonds.

〜 17 〜

Consolidated Financial Statements (Continued)

The note of Ennoconn Corporation And Subsidiaries

Note 3: As of the fiscal year 2025, due to the partial conversion of the convertible corporate bonds issued by Marketech into common shares, and the acquisition of shares in CASwell by Ennoconn International, the Consolidated Company indirect shareholding in Renown Information has decreased to 36.57%. The Consolidated Company gained the power to exercise majority voting rights in the Board of Directors of Renown Information, giving it the ability to lead decisions on personnel, finance and operations. Therefore, Renown information is listed as a subsidiary.
Note 4: The Company is a publicly listed company in Frankfurt, Germany and serves as the holding company of the group. Since the company's shareholding structure is dispersed, and the Consolidated Company's shareholding ratio is relatively significant compared to other shareholders, being the largest shareholder and obtaining more than half of the board seats, it has substantial control. Therefore, it is listed as a subsidiary. During the holding period, the consolidated shareholding ratio decreased due to Kontron AG's issuance of treasury stock.
Note 5: In September 2025, the Consolidated Company acquired the remaining 0.03% equity interest from individual shareholders for AUD 1,000, resulting in the Consolidated Company's indirect shareholding ratio in Ennoconn Australia and its subsidiaries increasing from 99.97% to 100%.
Note 6: In order to develop charging pile technology, the Consolidated Company acquired a 40% equity interest in Zhongsheng Huachi New Energy (Suzhou) Co., Ltd. in January 2025. The Consolidated Company gained the power to exercise majority voting rights in the Board of Directors of Zhongsheng Huachi New Energy (Suzhou), giving it the ability to lead decisions on personnel, finance and operations. Therefore, Zhongsheng Huachi New Energy (Suzhou) is listed as a subsidiary.
Note 7: The Consolidated Company was established in January2025 for the R&D of industrial computers
Note 8: The consolidated company was established in January 2025 for the development of industrial computer production and sales.
Note 9: The consolidated company was established in January 2025 for the development of industrial computer production and sales.
Note 10: For the development of smart catering systems, the Consolidated Company entered into a share transfer agreement with Big Innovation Holdings in November 2024, and subsequently acquired a 44.94% equity interest in DuDoo Ltd. in January 2025. The Consolidated Company gained the power to exercise majority voting rights in the board of directors of DuDoo Ltd., giving it the ability to lead decisions on personnel, finance and operations. Therefore, DuDoo Ltd. is listed as a subsidiary.
Note 11: For the purpose of enhancing operational synergies, reducing management costs and improving operational efficiency, the Consolidated Company disposed of all equity interests in Vecow Japan Co., Ltd., a subsidiary held by Vecow, to ESS, and renamed it Ennoconn Japan Co., Ltd. The record date for this stock conversion transaction is March 1, 2025
Note 12: In order to develop material handling equipment, the Consolidated Company acquired a 52% equity interest in Suzhou Heguang Shidu Intelligent Equipment Co., Ltd. in March 2025.
Note 13: The Consolidated Company was established in February 2025 for investment purposes.
Note 14: In January 2025, Ennoconn International disposed of its equity interest in Dexatek, resulting in a decrease in the consolidated company’s indirect shareholding ratio in Dexatek from 55.01% to 53.11%.
Note 15: The Consolidated Company was established in July 2025 for the development of equipment sales and software development.
Note 16: The Consolidated Company was established in September 2025 for the development of equipment sales and software development.
Note 17: The consolidated company was established in September 2025 for the sales of industrial computers.
Note 18: For the purpose of enhancing operational synergies, EnnoMech (Cayman) conducted a capital increase in August 2025, which was fully subscribed by the minority shareholders of HighAim through an exchange of their HighAim equity interests. As a result, EnnoMech (Cayman)'s direct shareholding ratio in HighAim increased from 67.65% to 100%. Since Ennoconn International did not recognize the shares in proportion to its shareholding, the Consolidated Company's indirect shareholding ratio in EnnoMech (Cayman) decreased from 100% to 67.65%, while its indirect shareholding ratio in HighAim remained at 67.65%.
Note 19: For the purpose of enhancing operational synergies, EnnoMech (Cayman) conducted a capital reduction and returned capital in August 2025. Part of the returned capital was paid with all equity interests held in Ennomech Precision Co., Ltd., and the 100% equity interest in Ennomech Precision Co., Ltd. was subsequently held directly by Ennoconn International.
Subsidiaries not included in the consolidated financial statements: None.

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

(4) Foreign Currency

Foreign currency transaction

Foreign currency is converted into functional currency according to exchange rate on the date of transaction. At the end of each subsequent reporting period (hereinafter referred to as the Reporting Date), foreign currency monetary items are converted into functional currency at the exchange rate prevailing on that day. Non-monetary items measured at fair value in foreign currency are translated into the functional currency using the exchange rates prevailing at the date of fair value measurement, while non-monetary items measured at historical cost in foreign currency are translated at the exchange rate prevailing on the date of the transaction.

The foreign currency exchange difference resulting from the conversion is recognized to be other comprehensive income excepting for the following situations, otherwise, recognized to be gains and losses:

(1) Equity instruments designated as measured at fair value through other comprehensive income;
(2) Financial liabilities designated as hedges of a net investment in a foreign operation to the extent that the hedge is effective; or
(3) For qualifying cash flow hedges, within the effective portion of the hedge.
Foreign operation organization

The assets and liabilities of foreign operating organizations, including goodwill and fair value adjustment during the acquisition, are converted to be TWD according to exchange rate on the report day; gains and losses are converted into TWD according to exchange rate in the current period, and the resultant conversion difference is recognized to be other comprehensive income.

In case of the loss of control, joint control or material influences arising from the disposal of foreign operating organizations, the accumulated conversion differences related to the foreign operating organizations shall be fully reclassified as gains and losses. When a partial disposal involves a subsidiary with foreign operations, the relevant accumulated exchange differences are reattributed to non-controlling interests on a proportionate basis. When there is a partial disposal of investments in associates or joint ventures that include foreign operations, the corresponding accumulated exchange differences are reclassified to profit or loss proportionally.

As to the receivable and payable monetary items of foreign operating organizations, if without the repayment plan or the possibility of repayment in foreseeable future, the resultant gains and losses from foreign currency conversion shall be regarded as a part of net investments to the foreign operating organizations as recognized as other comprehensive income.

(5) Standards for classifying current and non-current assets and liabilities

Assets meeting one of the following conditions are recognized as current assets by the Consolidated Company, and other assets not belonging to current assets are recognized as non-current assets:

Those that are expected to be realized during the normal operating period of the Consolidated Company or intended to be sold or consumed;
The asset is held primarily for the purpose of transaction;

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

Liability will be repaid within twelve months after the reporting period; or
The asset is cash or a cash equivalent (defined by the IAS 17), unless the asset is to be used for an exchange or to settle a liability, or otherwise remains restricted, at more than 12 months after the balance sheet date.

Assets meeting one of the following conditions are recognized as current liabilities by the Consolidated Company, and other liabilities not belonging to current liabilities are recognized as non-current liabilities:

Expected to settle the liability within twelve months after the reporting period;
The liabilities is held primarily for the purpose of transaction;
The liability will be repaid within twelve months after the reporting period; or
At the end of the reporting period, it does not have the right to defer settlement of the liability for at least twelve months after the reporting period.
(6) Cash and Cash Equivalents

Cash includes cash on hand and demand deposits. Cash equivalents are the investments which are readily convertible to known amounts of cash and which are subject to an insignificant risk of changes in value and short-term high liquidity. Certificate of deposit which satisfy the foregoing definition and are held for the purpose of meeting short-term cash commitments rather than for investment or other purposes.

(7) Financial instruments

Account receivables and debt securities issued are initially recognized when they are originated. All other financial assets and financial liabilities were initially recognized when the Consolidated Company became a party to the terms of the financial instrument agreement. Financial assets that are not measured at fair value through profit or loss (except for accounts receivable, which do not contain a significant financial component) or financial liabilities are initially measured at fair value plus the transaction costs directly attributable to the acquisition or issuance. Accounts receivable, which do not contain significant financial components, are initially measured at transaction prices.

1. Financial Asset

The purchase or sale of financial assets by a conventional trader, the Consolidated Company shall treat all purchases and sales of financial assets classified in the same manner in accordance with the transaction date or the settlement date.

At the time of the initial recognition, financial assets were classified as: financial assets measured at amortized cost, debt instrument investments measured at fair value through other comprehensive income, equity instrument investments measured at fair value through other comprehensive income, or financial assets measured at fair value through gains and losses. The Consolidated Company will only change its business model for managing financial assets from the first day of the next reporting period to classify all affected financial assets.

(1) Financial assets at amortized cost

Financial assets are measured at amortized cost when they simultaneously meet the following conditions and are not specified to be measured at fair value through profit or loss:

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

‧ The financial asset is held within a business model whose objective is to hold financial assets in order to collect contractual cash flows.
‧ The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.

The cumulative amortization of such assets is subsequently calculated by the effective interest method plus or minus the initial amount recognized, and the amortized cost of any loss allowance is adjusted. Interest income, foreign exchange gains and losses and impairment losses are recognized as gains and losses. When derecognized, the profit or loss shall be included in the profit or loss.

(2) Financial assets measured at fair value through other comprehensive income

When the debt instrument investment simultaneously meets the following conditions and is not specified to be measured at fair value through profit and loss, it is measured at fair value through other consolidated profit and loss:

‧ The financial asset is held within a business model whose objective is achieved by both collecting contractual cash flows and selling.
‧ The contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.

The Consolidated Company holds part of the accounts receivable under the “hold to collect and sell” business model to collect and sell the contractual cash flow, so these accounts are measured at fair value through other comprehensive profits and losses. However, it is reported under accounts receivable.

The Consolidated Company may, at the time of its initial recognition, irrevocably choose to report the subsequent changes in their fair value of its non-tradable equity instrument investments to other consolidated profits and losses. The foregoing selection is made on an item-by-item tool basis.

Debt instrument investors are measured by fair value afterwards. Interest income, foreign exchange gains and losses and impairment losses calculated by the effective interest method are recognized as gains and losses calculated by the effective interest method are recognized as gains and losses, while the remaining net gains or losses are recognized as other comprehensive income. When derecognizing, the accumulated amount of other comprehensive income shall be reclassified into comprehensive income.

Equity instrument investors are measured by fair value afterwards. Dividend income (unless it clearly represents the recovery of a portion of the investment cost) is recognized as a profit or loss. The remaining net benefits or losses are recognized as other comprehensive income and are not reclassified into gains and losses.

Dividend income from equity investments is recognized on the date (usually ex-dividend date) when the Consolidated Company becomes entitled to receive dividends.

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

(3) Financial assets at fair value through profit or loss

Financial assets that are not measured at fair value at the above amortized cost or through other comprehensive income are measured at fair value through gains and losses, including derivative financial assets. The Consolidated Company intends to sell accounts receivable immediately or in the near term is measured at fair value through profit or loss, but included in accounts receivable. The Consolidated Company, at initial recognition, irrevocably designates the financial asset as at FVTPL to eliminate or significantly reduce an accounting mismatch that would otherwise arise. Financial assets measured at amortized cost or at fair value through other comprehensive profit or loss are designated as financial assets measured at fair value through profit or loss.

Such assets are subsequently measured at fair value and their net gains or losses (including any dividends and interest income) are recognized as gains or losses.

(4) Business Model Assessment

For the purpose of evaluating the business model for managing financial assets at the portfolio level, the way in which the business is managed and information is provided to management is considered. This includes information such as:

‧ The investment portfolio policies and objectives stated, and the operation of such policies. The strategy of management is to focus on earning contractual cash flows, maintaining a particular interest yield profile, matching the duration of financial assets with the duration of associated liabilities or expected cash outflows, or realizing cash flows through the sale of financial assets.
‧ How the performance of the business model and the financial assets held within that business model are evaluated and reported to the entity's key management personnel
‧ Risks affecting the performance of the business model (and financial assets held under that business model) and the methods of managing those risks
‧ The method for determining the compensation of the manager of that business, such as: whether such compensation is based on the fair value of the assets under management or the contractual cash flows received; and
‧ The frequency, amount and timing of sales of financial assets in prior periods, the reasons for such sales, and expectations about future sales activity.
According to the aforementioned operating purpose, if the transfer of financial assets to a third party does not meet the derecognition criteria, it is not considered a sale as mentioned above, which is consistent with the purpose of the Consolidated Company continuing to recognize the assets.
(5) Evaluate whether the cash flow of the contract is fully paid for the interest on the payment of the principal and the amount of outstanding principal

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

For evaluation purposes, the principal is the fair value of the financial asset at the time of its initial recognition, and the interest is made up of the following considerations: the time value of the money, the credit risk associated with the amount of outstanding principal in circulation during a particular period, and other basic lending risks and costs and profit margins.

To evaluate whether the contract cash flow is fully paid for interest on the principal and the outstanding principal amount, the Consolidated Company considers the terms of the financial instrument contact, including whether the financial asset contains a contract term that can change the point or amount of the cash flow of the contract, causing it to fail to meet this condition. In the evaluation, the Consolidated Company considers:

‧ Any contingency that would change the timing or amount of cash flows under the contract;
‧ The terms of the coupon rate may be adjusted, including the nature of the variable rate;
‧ The nature of prepayment and extension; and
‧ Claims of the Consolidated Company are limited to cash flow terms derived from specific assets (e.g. non-recourse nature).
(6) Impairment of financial assets

For financial assets measured at amortized cost (including cash and cash equivalents, financial assets measured at amortized cost, notes receivable and accounts receivable, other receivables, finance lease receivables, refundable deposits, and other financial assets), investments in debt instruments measured at fair value through other comprehensive income, and expected credit losses on accounts receivable and contract assets, the Consolidated Company recognizes an allowance for losses.

The following financial assets are measured against losses according to the expected credit loss amount of 12 months, and the rest are measured according to the expected credit loss amount of the existing period:

‧ Determine that the credit risk of the debt securities on the reporting date is low; and
‧ The credit risk of other debt securities and bank deposits (i.e. the risk of default during the expected life of financial instruments) has not increased significantly since the initial recognition.

The allowance for accounts receivable loss and contract assets is measured in terms of the expected credit loss during the period of existence.

In determining whether credit risk that increased significantly since the initial recognition, the Consolidated Company considers reasonable and verifiable information (available at no excessive cost or investment), including qualitative and quantitative information, as well as analysis based on the Consolidated Company’s historical experience, credit assessment and forward-looking information.

Expected credit loss during the lifetime of a financial instrument refers to the expected credit losses that result from all possible default events over the life of the financial instrument.

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

12-month expected credit loss refers to the expected credit loss arising from the possible default of the financial instrument within 12 months after the date of the report (or a shorter period, if the expected duration of the financial instrument is shorter than 12 months).

The longest contract period during which the expected credit loss is measured is the longest contract period during which the Consolidated Company is exposed to credit risk.

The expected credit loss is the probabilistic weighted estimate of the credit loss during the expected life of the financial instrument. Credit losses are measured in terms of the present value of all cash shortfalls, the difference between the cash flows that the Consolidated Company can collect under the contract and the cash flows that the Consolidated Company expects to collect. The expected credit loss is discounted at the effective interest rate of the financial asset.

On each reporting date, the Consolidated Company evaluates whether there is a credit impairment in the debt securities on which financial assets are measured at amortized cost and on which fair value is measured through other comprehensive income. When one or more events have occurred that adversely affect the estimated future cash flow of a financial asset, the financial assert has suffered a credit impairment. Evidence of credit impairment of financial assets includes observable information relating to:

‧ Major financial difficulties of the borrower or issuer;
‧ Default, such as delay or delay
‧ For economic or contractual reasons related to the borrower’s financial difficulties, the Consolidated Company gives the borrower concessions that the borrower would not have considered,
‧ The borrower is likely to file for bankruptcy or other financial restructuring; or
‧ The active market for the financial asset disappears due to financial difficulties.

The loss allowance for a financial asset measured at its amortized cost is deducted from carrying amount of the asset. The allowance for losses on debt instrument investment is measured at fair value through other comprehensive income. It is adjusted and recognized as other comprehensive income (without reducing the carrying amount of the assets).

When the Consolidated Company cannot reasonably expect to recover the financial assets as a whole or in part, it will directly reduce the total book amount of its financial assets. For individual accounts, the Consolidated Company’s policy is to write off the total book amount when the financial assets are overdue for more than one year based on the past recovery experience of similar assets. For corporate accounts, the Consolidated Company shall analyze the date and amount of the write-off on the basis of whether it is reasonable to expect recovery. The Consolidated Company does not expect a significant reversal of the write-off. However, financial assets that have been written off may still be enforced to comply with the procedures of the Consolidated Company for recovering overdue amounts.

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(7) Derecognition of Financial Assets

When the Consolidated Company terminates the contractual rights from the cash flow of such assets or has transferred the financial assets and almost all risks and returns of the asset ownership have been transferred to other enterprises, the Consolidated Company has neither transferred nor retained substantially all the risks and rewards and the control of the financial asset is not retained, the financial assets shall be de-recognized.

Transactions in which the Consolidated Company enters into transfers of financial assets that retain all or substantially all of the risks and rewards of ownership of the transferred assets continue to be recognized on the balance sheet.

Financial liabilities and equity instruments
(1) Classification of liabilities or equity

The debt and equity instruments issued by the Consolidated Company are classified as financial liabilities or equity according to the contract agreement and the definition of financial liabilities and equity instruments.

(2) Equity transaction

An equity instrument is any contract that evidences a residual interest in the assets of an entity after deducting all of its liabilities. Equity instruments issued by the Consolidated Company shall be recognized at the amount equal to the consideration received less the direct flotation costs.

(3) Treasury stock

When repurchasing the equity instruments recognized by the Company, the consideration paid (including directly attributable costs) is recognized as a decrease in equity. The repurchased shares are classified as treasury stocks. For subsequent sale or reissue of treasury stocks, the amount received is recognized as an increase in equity, and the surplus or loss generated by the transaction is recognized as capital reserve or retained surplus (if the capital reserve is insufficient to offset).

(4) Compound financial instrument

The compound financial instruments issued by the Consolidated Company are convertible corporate bonds (denominated in New Taiwan dollars) with the option to be converted into share capital, and the number of shares issued will not vary with the change of their fair value.

The initially recognized amount of the liability component of composite financial instruments is measured by the fair value of similar liabilities excluding equity conversion rights. The initially recognized amount of the equity component is measured by the difference between the fair value of the overall compound financial instrument and the fair value of the liability component. Any directly attributable transaction costs are allocated to the liabilities and equity components in proportion to the book value of the initial liabilities and equity.

After the initial recognition, the liability component of compound financial instruments is measured at amortized cost using the effective interest method. The equity components of compound financial instruments shall not be re measured after the initial recognition.

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

Interest related to financial liabilities is recognized as profit or loss. Financial liabilities are reclassified as equity at the time of conversion, and the conversion is not recognized as profit or loss.

(5) Financial liability

Financial liabilities are classified as amortized costs or measured at fair value through profit or loss. Financial liabilities which are held for trading, derivatives or specified at the time of their original recognition are classified as being measured at fair value through profit or loss. Financial liabilities, measured at fair value through profit and loss, are measured at fair value, and the associated net benefits and losses, including any interest expense, are recognized as profit and loss.

The effective subsequent interest method for other financial liabilities is measured at the amortized cost. Interest expenses and exchange gains and losses are recognized as gains and losses. Any benefit or loss at the time of discounting is also considered as profit or loss.

(6) Derecognition of Financial Liabilities

The Consolidated Company derecognizes financial liabilities when contractual obligations have been fulfilled, canceled or matured. When the terms of a financial liability are modified and the cash flows of the modified liability differ materially, the original financial liability is derecognized and a new financial liability is recognized at fair value based on the modified terms.

When de-recognizing financial liabilities, the difference between carrying amount and the sum of paid or payable considerations (including any transferred non-cash capital or assumed liabilities) shall be recognized as gains and losses.

(7) Offset between financial assets and liabilities

Financial assets and financial liabilities can be offset with each other and represented on the balance sheet with net value only when the Consolidated Company has legal rights to offset and has the intention to deliver with net value as well as realize capital and liquidate the liabilities.

Derivative financial instruments

Derivative instruments are initially recognized at fair value and subsequently measured at fair value, and the resulting gain or loss is recognized directly in profit or loss.

(8) Inventories

Inventory shall be measured with the lower of the costs and net realizable value. The costs include the acquisition, production or processing costs, and other costs incurred in bringing the inventories to their present location and condition, and are calculated using the weighted average method. The costs of the inventory of finished products and products in process include the manufacturing costs amortized based on normal production capacity according to proper percentage.

Net realizable value refers to the estimated prices under normal operation deducting estimated costs to be needed for estimated completion and estimated costs to be needed for competing selling.

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

(9) Non-current assets (disposal groups) held for sale and discontinued operations
Non-current assets (disposal groups) held for sale

Non-current assets or disposal groups consisting of assets and liabilities are classified as held for sale when it is highly probable that their carrying amounts will be recovered principally through a sale transaction rather than through continuing use. Before the components of an asset or disposal group are originally classified as held for sale, they are remeasured in accordance with the Consolidated Company's accounting policies. After being classified as held for sale, it is measured at the lower of its carrying amount and fair value less costs to sell. Any impairment loss of a cash-generating unit is first allocated to goodwill, and then proportionately allocated to the remaining assets and liabilities, except that the loss is not allocated to assets that are not within the scope of IAS 36 Impairment of Assets. The aforementioned items continue to be measured in accordance with the Consolidated Company's accounting policies. The impairment losses recognized for assets initially classified as held for sale, and subsequent gains or losses on remeasurement, are recognized in profit or loss, except that gains cannot exceed the cumulative impairment losses previously recognized.

Intangible assets and property, plant and equipment are no longer depreciated or amortized when classified as held for sale. Furthermore, when an associate accounted for using the equity method is classified as held for sale, the equity method is discontinued.

Discontinuing operation

A discontinued operation refers to a component of a Consolidated Company that has been disposed of or is classified as held for sale, and:

(1) It Represents a separate major line of business or geographic area of operations,
(2) It is part of a single coordinated plan to dispose of such a major line of business or geographic area of operations, or
(3) It involves a subsidiary acquired exclusively for resale.

An operating unit is classified as a discontinued operation at the earlier of disposal or meeting the criteria to be classified as held for sale.

(10) Investments in Associates

An associated company refers to a company over which the Consolidated Company has significant influence in terms of its financial and operating policies, but does not control or jointly control it.

The Consolidated Company adopts the equity method to account for interests in associated enterprises. Under the equity method, the investment is initially recognized at cost, which includes transaction costs. The carrying amount of investments in associates includes goodwill recognized at the time of initial investment, less any accumulated impairment losses.

Consolidated financial statements include the amount of profits or losses and other comprehensive income recognized by the Consolidated Company based on its equity interest in the associated companies, after making adjustments to conform to the Consolidated Company's accounting policies, from the date on which the Consolidated Company has significant influence over the associated companies until the date when it loses that significant influence. When an associate experiences equity

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

changes that do not result in profit or loss or other comprehensive income, and these changes do not affect the Consolidated Company's ownership percentage in the associate, the Consolidated Company will recognize the equity changes attributable to its share in the associate as capital surplus, based on its ownership percentage.

Unrealized gains and losses arising from transactions between the Company and its associates are recognized in the entity's financial statements only to the extent that they are not related to the investor's interests in the associates. When the Consolidated Company's proportional share of losses of an associate equals or exceeds its interest in the associate, it discontinues recognizing its share of further losses. The Consolidated Company recognizes additional losses and a liability only to the extent that it has incurred legal or constructive obligations or made payments on behalf of the associate.

When a Consolidated Company ceases to apply the equity method due to its investment no longer being an associate, it will stop applying the equity method from the date of losing significant influence, measure the retained interest at fair value, and recognize the difference between the fair value of the retained interest and the proceeds from disposal, and the carrying amount of the investment at the date when the equity method was discontinued, in profit or loss for the period. For all amounts previously recognized in other comprehensive income related to that investment, the accounting treatment is the same basis that the associate would have been required to follow if it had directly disposed of the related assets or liabilities. That is, if a gain or loss previously recognized in other comprehensive income would have been reclassified to profit or loss (or retained earnings) upon the disposal of the related assets or liabilities, the entity reclassifies that gain or loss from equity to profit or loss (or retained earnings) when it discontinues the use of the equity method. If the merger of companies results in a reduction of ownership interests in an associate but the equity method is still applicable, the acquirer shall reclassify to profit or loss the proportion of the gain or loss that had previously been recognized in other comprehensive income relating to that reduction in ownership interest.

When an investment in an associate becomes an investment in a joint venture, or an investment in a joint venture becomes an investment in an associate, the entity continues to apply the equity method and does not remeasure the retained interest.

When an associate issues new shares, if the Consolidated Company does not subscribe in proportion to its shareholding, resulting in a change in its shareholding ratio and consequently causing an increase or decrease in the net value of its equity investment, the increased or decreased amount shall be adjusted to the capital surplus and investment accounted for using the equity method. If this adjustment offsets the capital surplus, but the remaining capital surplus arising from the investment accounted for using the equity method is insufficient, the difference shall be debited to retained earnings. If a Consolidated Company does not subscribe in proportion to its shareholding, causing its ownership interest in the associated company to decrease, the amount previously recognized in other comprehensive income related to that associated company is reclassified in proportion to the decrease. The accounting treatment basis is the same as the basis that the associated company must follow when directly disposing of the related assets or liabilities.

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

(11) Investment Property

Investment property refers to property held for earning rental income, capital appreciation, or both, rather than for normal business sales, use in production, supply of goods or services, or for administrative purposes. Investment properties are initially measured at cost, and subsequently measured under the cost model. After initial recognition, depreciation expense is calculated based on the depreciable amount, with the depreciation method, useful life, and residual value following the regulations for property, plant and equipment. The cost includes expenses that are directly attributable to the acquisition of investment property.

When an investment property is reclassified as property, plant and equipment due to a change in its use, it is reclassified at its carrying amount at the date of the change in use.

(12) Property, plant, and equipment
Recognition and measurement

Items of property, plant and equipment are measured at cost (including capitalized borrowing costs) less accumulated depreciation and any accumulated impairment.

Significant components of property, plant and equipment are treated as separate items (major components) when they have different life cycles.

Gain or loss on disposal of property, plant and equipment is recognized in profit or loss.

Subsequent costs

Subsequent expenses are capitalized only when it is probable that future economic benefits will flow into the Consolidated Company.

Depreciation

Depreciation is calculated based on the cost of the asset less its residual value and is recognized in profit or loss using the straight-line method over the estimated useful life of each component.

The land is not subject to depreciation.

The estimated useful lives for the current and comparative periods are as follows:

(1) Buildings 2-55 years (2) Machinery 3~15 years (3) Leasehold improvement 2~9 years (4) Other equipment 2~10 years

Other equipment 2-10 years

The Consolidated Company reviews the method of depreciation, durability and residual value at each reporting date and makes appropriate adjustments as necessary.

(13) Lease

The Consolidated Company shall assess whether the contract is a lease or includes a lease on the date of formation of the contract. If the contract transfers control over the use of the identified assets for a period of time in exchange for consideration, the contract shall be a lease or includes a lease.

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

1. Lessee

The Consolidated Company recognizes the right-of-use assets and lease liabilities on the beginning date of the lease. Right-of-use are initially measured in terms of cost, which includes the initial measured amount of lease liabilities, adjusts the lease beginning date or before payment of any rent payment, and the initial direct costs, and applied to removing the asset and restoring its locating or the estimated cost of the underlying assets. It minuses the charge of any lease incentives at the same time.

Depreciation of right-of-use assets following the commencement of the lease shall be carried out by the straight-line method at the end of the useful life of rightof-use assets or earlier at the end of the lease term. In addition, the Consolidated Company will periodically evaluate whether there is any loss of right-of-use assets and deal with any loss that has occurred, and adjust the right-of-use assets in the case of lease liabilities.

Lease liabilities are defined as the present value of lease benefits not yet paid at lease commencement date. If the implied lease rate is easy to determine, the discount rate will be that rate, and if not, the incremental borrowing rate of the Consolidated Company will be used. Generally speaking, the Consolidated Company adopts its incremental borrowing rate as the discount rate.

Lease benefits measured in lease liabilities include:

(1) Fixed payments, including substantive fixed payments;
(2) Depending on the variation of a certain index or rate of rent payment, the index or rate on the commencement date of the lease shall be used as the original measurement;
(3) The guaranteed amount of salvage value expected to be paid; and
(4) The price at which the option to exercise the option to purchase or terminate the lease will be reasonably determined or the penalty to be paid.

Lease liabilities is then calculated using effective interest method, and the amount was measured when:

(1) Changes in the index or rate used to determine lease payments result in changes in future lease payments;
(2) Changes to the guaranteed amount of salvage value expected to be paid; and
(3) The evaluation of the underlying asset purchase option has changed;
(4) The estimate of whether to exercise the option of extension or termination has changed, which leads to the change of the assessment of the lease period;
(5) Modification of the subject matter, scope or other terms of the lease.

Lease liabilities are remeasured due to the aforementioned changes in the index or rate used to determine lease payments, changes in the residual value guarantee amount, and changes in the evaluation of purchases, extensions or termination options, the book value of right-of-use assets should be adjusted accordingly. When the book value of right-of-use assets is reduced to zero, the remaining remeasured amount is recognized in profit or loss.

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

For the lease modifications about the reduced coverage, the book amount of rightof-use assets will be reduced to reflect partial or total termination of lease, and the difference between the figure and the remeasured amount of lease liabilities will be included in the profit and loss.

The Consolidated Company will express the right-of-use assets and lease liabilities that do not conform to the definition of investment real estate in the form of single line items in the balance sheet.

If the agreement includes lease and non lease components, the Consolidated Company allocates the consideration in the contract to individual lease components based on a relatively separate price. However, when leasing land and buildings, the Consolidated Company chooses not to distinguish between nonleasing components and treats the leasing components and non-leasing components as a single leasing component.

For short-term leases and asset leases with low value targets, the Consolidated Company chooses not to recognize the right-of-use assets and lease liabilities, but recognized the relevant lease payments as expenses within the lease period on a straight-line basis.

2. Lessor

The transaction in which the Consolidated Company is a lessor shall be classified as a financial lease or an operating lease on the date of establishment of the lease, depending on whether or not the lease contract is transferred to almost all the risks and rewards attached to the ownership of the underlying asset. In the evaluation, the Consolidated Company shall consider certain indicators, including whether the lease term covers the principal part of the underlying asset’s economic life.

If the agreement includes lease and non-lease components, the Consolidated Company applies the provisions of IFRS 15 to apportion the consideration in the contract.

Assets held under finance leases are expressed as finance lease receivables in the amount of net lease investment. The initially direct costs arising from the negotiation and arrangement of the lease are included in the net investment in the lease. Net lease investment is amortized and recognized as interest income during the lease period in a pattern reflecting a constant periodic rate of return in each period. For operating leases, the Consolidated Company recognizes the lease payments received as rental income on a straight-line basis during the lease period.

(14) Intangible assets

1. Recognition and measurement

Goodwill arising from the acquisition of subsidiaries is measured at cost less accumulated impairment.

Expenditures related to research activities are recognized as profit or loss as incurred.

Development expenditure is capitalized only when it can be reliably measured, the technical or commercial feasibility of products or processes has been achieved, the future economic benefits are likely to flow into the Consolidated Company, and the Consolidated Company intends and has sufficient resources to complete the development and use or sell the assets. Other development expenditures are recognized in profit or loss as incurred. After the initial recognition, the capitalized

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

development expenditure is measured by the amount of its cost less accumulated amortization and accumulated impairment.

The consolidated Company acquires other intangible assets with limited useful lives, including customer relationships, patents, and trademarks, which are measured at cost less accumulated amortization and accumulated impairment losses.

Subsequent expenditure

The subsequent expenditure can be capitalized only when they can increase the future economic benefits of relevant specific assets. All other expenditures are recognized in profit or loss as incurred, including internally generated goodwill and brands.

Amortization

Except for goodwill, amortization is calculated based on the cost of assets less their estimated residual value, and is recognized in profit or loss on a straight-line basis over their estimated useful lives, starting from the date that the intangible assets are available for use.

The estimated useful lives for the current and comparative periods are as follows:

(1) Patents and trademarks: 5-10 years
(2) Computer software cost: 1-10 years
(3) Customer Relations: 3-10 years

The Consolidated Company reviews the method for amortization of intangible assets, durability and residual value at each reporting date and makes appropriate adjustments as necessary.

(15) Impairment on Non-Financial Assets

The consolidated Company assesses at each reporting date whether there are indications that the carrying amount of non-financial assets (excluding inventories, contract assets, deferred tax assets, and investment properties and biological assets measured at fair value) may be impaired. If any indication exists, the recoverable amount of the asset is estimated. Goodwill is regularly tested for impairment every year.

For the purpose of impairment test, one group of assets whose cash inflow is largely independent of other individual assets or asset groups is regarded as the smallest identifiable asset group. The goodwill arising from a business combination is allocated to each cash-generating unit or group of cash-generating units that is expected to benefit from the synergies of the combination.

The recoverable amount is the higher of an asset’s or cash generating unit fair value less costs of disposal and its value in use. When assessing the value in use, the estimated future cash flow is converted to the present value at the pre-tax discount rate, which should reflect the current market assessment of the time value of money and the specific risk of the asset or cash generating unit.

If the recoverable amount of an individual asset or cash generating unit is lower than the book amount, an impairment loss is recognized.

An impairment loss is recognized immediately in profit or loss, first reducing the carrying amount of any goodwill allocated to the cash-generating unit, and then prorata to the other assets of the unit based on their respective carrying amounts.

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

Impairment losses on goodwill are not reversed. Non-financial assets other than goodwill are reversed only to the extent that their carrying amount does not exceed the carrying amount that would have been determined, net of depreciation or amortization, if no impairment loss had been recognized in prior years.

(16) Provision for Liabilities

The recognition of provisions for liabilities is due to past events which have led to present obligations that will probably require an outflow of resources embodying economic benefits in order to settle the obligations, and the amounts of the obligations can be reliably estimated. Provisions for liabilities are discounted using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the liability. The unwinding of the discount is recognized as an interest expense.

Warranty

Provisions for warranty obligations are recognized upon the sale of goods or services and are estimated based on historical warranty data and a probabilityweighted estimate of all possible outcomes.

Onerous contract

When the unavoidable costs of meeting the obligations under a contract exceed the economic benefits expected to be received under it, a provision for onerous contracts is recognized. The provision for the liability is measured at the present value of the lower of the expected cost of terminating the contract and the expected net cost of continuing the contract, and any impairment loss relating to the contract assets is recognized before recognizing the provision for an onerous contract.

(17) Income recognition
Revenue from Contracts with Customers

Income is measured in consideration for the expected entitlement to transfer goods or services. The Consolidated Company recognizes revenue from the transfer of control of goods or services. The Consolidated Company’s main revenues are from the following items:

(1) The sales revenue of commodities mainly comes from the sales of industrial motherboards, information system integration products and network communication products. The Consolidated Company recognizes revenue when control of products is transferred to customers. The transfer of control over the product means that the product has been delivered to the customer, the customer has full discretion over the channel and price to sell the products and there is no unfulfilled obligation that could affect the customer’s acceptance of the product. Delivery occurs when the products have been shipped to the specific location, the risks of obsolescence and loss have been transferred to the customer, and either the customer has accepted the products in accordance with the sales contract, the acceptance provisions have lapsed, or the Consolidated Company has objective evidence that all criteria for acceptance have been satisfied.

When the other party is involved in selling goods to customers, the Consolidated Company will recognize the nature of the promised goods to be transferred. If the Consolidated Company has any performance obligations to transfer goods or services on behalf of the other party (i.e., the combined

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

company acts as an agent), the Consolidated Company should recognize as revenue the consideration to which it expects to be entitled in exchange for satisfying that performance obligation.

The Consolidated Company is obligated to provide standard warranties on the products sold and is therefore liable for defective returns. Provisions for warranty liabilities have been recognized for these obligations.

The Consolidated Company recognizes accounts receivable at the time of delivery of goods, as the consolidated company has an unconditional right to receive consideration at that point.

(2) Service revenue

The Consolidated Company provides product maintenance and services, and recognizes relevant income during the financial reporting period of providing services. Fixed price contracts recognize revenue based on the proportion of services actually provided to the total services as of the reporting date. If the situation changes, the estimates of revenue, cost and degree of completion will be revised, and the increase and decrease changes will be reflected in profit and loss during the period when the management is informed of the change and makes the correction.

Under a fixed price contract, the customer pays a fixed amount of money according to the agreed schedule. When the service provided exceeds the payment, it shall be recognized as contract assets; if the payment exceeds the services provided, it shall be recognized as contract liabilities.

If the contract is priced according to the number of hours of providing services, the revenue is recognized based on the amount that the Consolidated Company has the right to issue invoices. The Consolidated Company asks for payment from customers every month and can receive consideration after issuing invoices.

(3) Construction contract

For the engineering business undertaken by the Consolidated Company, as the assets are controlled by the customer during construction, revenue is recognized gradually over time based on the proportion of engineering costs incurred to date to the estimated total contract costs. When the recognized revenue amount has not been billed, it is recognized as a contract asset. When there is an unconditional right to the consideration, the contract asset is transferred to accounts receivable.

If the degree of completion of the performance obligation in an engineering contract cannot be reasonably measured, revenue from the contract is recognized only to the extent of costs incurred that are expected to be recoverable.

When the unavoidable costs of meeting the obligations under a contract exceed the economic benefits expected to be received under it, a provision for onerous contracts is recognized.

If circumstances change, the estimates of revenue, costs, and degree of completion will be revised, and the resulting increase or decrease will be reflected in profit or loss for the period in which management becomes aware of the changes.

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

2. Cost of customer contracts

(1) Incremental costs of obtaining a contract

If a Consolidated Company expects to recover the incremental costs of acquiring customer contracts, those costs are recognized as assets. The incremental cost of obtaining a contract is the cost incurred in obtaining a customer contract that would not have occurred if the contract had not been obtained. Regardless of whether the contract is obtained or not, the costs of obtaining the contract that will occur are recognized as expenses when incurred, unless those costs are explicitly recoverable from the customer regardless of whether the contract has been obtained.

As an expedient practical measure for business combinations, if the incremental costs of obtaining a contract are recognized as an asset and the amortization period of that asset is one year or less, the incremental costs are expensed when incurred.

(2) Cost of fulfilling the contract

The costs incurred in fulfilling a contract with a customer that are not within the scope of other standards (IAS 2 "Inventories", IAS 16 "Property, Plant and Equipment" or IAS 38 "Intangible Assets"), the Group recognizes an asset only if those costs directly relate to a contract or a specifically identifiable anticipated contract, generate or enhance resources that will be used in satisfying (or continuing to satisfy) performance obligations in the future, and are expected to be recovered.

General and administrative costs, costs of wasted materials, labor or other resources to fulfill a contract but not reflected in the contract price, costs related to satisfied (or partially satisfied) performance obligations, and costs that cannot be distinguished as related to unsatisfied performance obligations or satisfied (or partially satisfied) performance obligations are recognized as expenses when incurred.

(18) Employee benefits

1. Defined contribution plans

The contribution obligation of the defined contribution pension plan is recognized as an expense in the period in which the employees render service to the Company. The amount of advance appropriation will be recognized as an asset to the extent that it will lead to the return of cash or the reduction of future payments.

Defined benefit plan

The Consolidated Company’s net obligation to a defined benefit plan is measured by discounting the present value of future benefits earned by the employee’s current or prior period of service, less the fair value of the plan assets.

The defined benefit obligation is actuated annually by a qualified actuary using the projected unit benefit method. When the results of the calculation are probable to be favorable to the Consolidated Company, an asset is recognized to the extent of the present value of any economic benefits that may be obtained by returning a contribution from the plan or reducing future contributions to the plan. Any minimum funding requirement is taken into account in calculating the present value of economic benefits.

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

The remeasurement of the net defined benefit obligation, including actuarial gains and losses, compensation for plan assets (excluding interest), and any change in the impact of asset limits (excluding interest) is recognized immediately in other comprehensive income and accumulated in retained earnings. The Consolidated Company determines net interest expense (income) for net defined benefit liabilities (assets) using the net defined benefit liabilities (assets) and discount rate determined at the beginning of the annual reporting period. Net interest expense and other costs for defined benefit plans are recognized in profit or loss.

When a plan is revised or curtailed, changes in benefits related to prior period service costs or curtailment gains or losses are recognized immediately in profit or loss. The Consolidated Company recognizes gain or loss on the settlement of defined benefit plans when the settlement occurs.

Short-term employee benefits

Short-term employee benefit obligations are recognized as an expense when services are provided. If the Consolidated Company has a present legal or constructive obligation to pay for services rendered by employees in the past and the obligation can be estimated reliably, the amount is recognized as a liability.

(19) Government grants

When a Consolidated Company receives any government subsidies, subsidies received without conditions attached are recognized as non-operating income.

For grants related to assets other than property, plant and equipment, the Consolidated Company recognizes the fair value of the grant as deferred income when there is reasonable assurance that the conditions attached to the government grant will be complied with and that the grant will be received, and recognizes the deferred income as other operating income on a systematic basis over the useful life of the related asset.

Government subsidies to compensate the Consolidated Company for expenses or losses incurred are recognized in profit or loss on a systematic basis over the periods in which the related costs are incurred.

(20) Share-based Payment Transaction

For equity-settled share-based payment arrangements, the fair value on the grant date is recognized as an expense over the vesting period of the awards, with a corresponding increase in equity. The expense recognized is adjusted for the number of awards expected to meet the service and non-market performance conditions. The final amount recognized is based on the number of awards that ultimately meet the service and non-market performance conditions at the vesting date.

Regarding the non-vesting conditions of share-based payment awards, they are reflected in the measurement of the grant-date fair value of the share-based payment, and the differences between expected and actual results do not require a true-up adjustment.

The fair value of the stock appreciation rights payable in cash to employees should be recognized as an expense and a corresponding increase in liabilities over the period that employees become unconditionally entitled to the rewards. The liability is remeasured at fair value for the share appreciation rights on each reporting date and settlement date, with any changes recognized in profit or loss.

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

(21) Income tax

Income taxes include current and deferred income tax. Except for those related to enterprise consolidation and items directly recognized as equities or other comprehensive income, current tax and deferred income tax asset shall be recognized as gains and losses.

The Consolidated Company determines that the interest or penalty related to income tax (including uncertain tax treatment) does not meet the definition of income tax, so the accounting treatment of IAS 37 is applicable.

The Consolidated Company has determined that the top-up tax payable under the Global Anti-Base Erosion (GloBE) rules falls within the scope of IAS 12 "Income Taxes", and has applied the temporary mandatory exemption from applying deferred tax accounting for the top-up tax. Any actual top-up tax incurred will be recognized as current income tax.

Current income taxes include estimated income taxes payable or refund receivable based on current year taxable income (loss) and any adjustments to prior years’ income taxes payable or refund receivable. The amounts that reflect the uncertainty (if any) related to income tax are measured at the best estimate of the amount expected to be paid or received at the statutory or substantive legislative rates in effect on the reporting date.

Deferred income tax is recognized for temporary differences between the carrying amounts of assets and liabilities at the reporting date and their tax bases. In case of any of the following situations, the temporary differences will not be recognized as deferred income tax:

The transaction is not a business combination, and at the time of the transaction, (i) it does not affect accounting profit or taxable income (loss), and (ii) it does not create equal taxable and deductible temporary differences on initial recognition of an asset or liability
Those temporary differences generated due to investment subsidiary company and joint equities, controlled by the Consolidated Company and likely to not to be reversed in the foreseeable future; and
Taxable temporary differences arising from the original recognition of goodwill.

For unused tax losses and unused income tax credits at the later stage of transfer, and deductible temporary differences, to the extent that there is likely to be future taxable income available for use, they are recognized as deferred income tax assets. It shall be reassessed on each reporting day, and the relevant income tax benefits shall be reduced if they are not likely to be realized; or the reduced amount shall be reversed to the extent that there is likely to be sufficient taxable income.

Deferred income tax is measured at the tax rate when the expected temporary difference is reversed, based on the statutory tax rate or substantive legislative tax rate on the reporting date, and has reflected the uncertainty related to income tax (if any).

Only when the Consolidated Company meets the following conditions, the deferred income tax can offset the deferred tax liabilities:

Having the legal execution right to make the current income tax assets and the current tax liabilities offset with each other; and
Deferred income tax assets and deferred tax liabilities are related to one of the subjects of tax payment from which the same tax authority levies income tax;

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(1) Same subject of tax payment; or
(2) Different subjects of tax payment, but all subjects intend to liquidate the current tax liabilities and assets based on net amount or at the same time realize assets and liquidate liabilities in each of the future periods when deferred income tax assets of major amounts are expected to be recovered and deferred income tax liabilities expected to be liquidated.

(22) Business Combinations

The Consolidated Company accounts for each business combination using the acquisition method. Goodwill is measured at the fair value of the consideration transferred, including the amount attributable to any non-controlling interests in the acquiree, less the net amount (usually at fair value) of the identifiable assets acquired and liabilities assumed on the acquisition date. If the remaining balance after deduction is negative, the Consolidated Company should reassess whether all acquired assets and all assumed liabilities have been correctly identified before recognizing the bargain purchase gain in profit or loss.

Except for those related to the issuance of debt or equity instruments, transaction costs related to a business combination should be recognized immediately as expenses by the acquirer when incurred.

For non-controlling interests in the acquiree that are present ownership interests and entitle their holders to a proportionate share of the entity's net assets in the event of liquidation, the acquirer has the option on a transaction-by-transaction basis to measure them at either fair value on the acquisition date or the present ownership instruments' proportionate share in the recognized amounts of the acquiree's identifiable net assets. Other non-controlling interests are measured at their fair value on the acquisition date or on another basis as prescribed by the International Financial Reporting Standards endorsed by the Financial Supervisory Commission.

In a business merger achieved in stages, the acquirer remeasures its previously held equity interest in the acquiree at its acquisition-date fair value and recognizes any resulting gain or loss in profit or loss. For the changes in the equity value of the acquiree that were recognized in other comprehensive income prior to the acquisition date, they should be treated in the same manner as if the combined company had directly disposed of its previously held equity interest. If the disposal of such equity interest would require reclassification to profit or loss, then the amount should be reclassified to profit or loss.

If the original accounting treatment for a business combination is not completed before the reporting date of the combination transaction, the Consolidated Company recognizes provisional amounts for the incomplete accounting items and retrospectively adjusts or recognizes additional assets or liabilities during the measurement period to reflect new information obtained about facts and circumstances that existed as of the acquisition date. The measurement period should not exceed one year from the date of acquisition.

(23) Earnings per share

The Consolidated Company lists the basic and diluted earnings per share of holders of common stock equity of the Company. The basic earnings per share of the Consolidated Company shall be calculated with the gains and losses of the holders of common stock equity of the Company divided by the weighted mean of current outstanding common shares. Diluted earnings per share shall be calculated after adjusting the influence of all potential diluted common shares of the gains and losses

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

of the holders of common stock equity of the Company and the weighted mean of current outstanding common shares. The potential diluted common shares of the Consolidated Company include convertible corporate bonds and stock options for employees.

(24) Department Information

An operating segment is a component of a Consolidated Company that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same Consolidated Company). The operating results of all operating segments are regularly reviewed by the chief operating decision maker of the Consolidated Company to make decisions about resources to be allocated to the segment and to assess its performance. Each operating department has separate financial information.

5. Significant accounting judgments, estimates and major sources of estimation uncertainty

When the management prepares the Consolidated Financial Statements, the management is required to make judgments, estimates and assumptions in preparing this Individual Financial Statements, which will affect the adoption of accounting policies and the reported amounts of assets, liabilities, revenues and expenses. Actual results may differ from estimates.

Management continuously reviews estimates and basic assumptions, which are consistent with the Consolidated Company's risk management and climate-related commitments. Changes in estimates are recognized prospectively in the period of change and affected future periods.

The uncertainty of the following assumptions and estimates has a significant risk of causing significant adjustments to the book amounts of assets and liabilities in the next financial year, the relevant information is as follows:

(1) Loss allowance for accounts receivable

The allowance loss of the Consolidated Company’s accounts receivable is estimated based on the assumption of default risk and expected loss rate. The consolidated Company considers historical experience, current market conditions, and forwardlooking estimates at each reporting date to determine the assumptions and input values to be used in calculating impairment. For details on impairment provisions, please refer to Note 6(4).

(2) Subsequent measurement of inventories

Since inventory must be measured at the lower of cost or net realizable value, the Consolidated Company estimates the reported amount of inventory due to normal wear and tear, obsolescence, or no market sale value on a daily basis and reduces the cost of inventory to net realizable value. This inventory valuation is primarily based on estimated product demand for specific future periods, and therefore may undergo significant changes due to rapid industry transformations. For details on inventory valuation assessment, please refer to Note 6(5).

(3) Evaluation of goodwill impairment

The assessment process for goodwill impairment relies on the subjective judgment of the Consolidated Company, including identifying the cash-generating units, allocating goodwill to the relevant cash-generating units, and determining the recoverable amount of the relevant cash-generating units.

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

(4) Revenue recognition

For a Consolidated Company, contract revenue is recognized over time by reference to the stage of completion of the construction contract, measured by the proportion of contract costs incurred for work performed to date relative to the estimated total contract costs. The Consolidated Company considers various factors such as the nature of the projects, estimated duration, project items, construction processes, construction methods, and expected contract amounts to estimate the total contract cost. Any changes in the aforementioned estimation bases may result in material adjustments to the estimated amounts.

(5) Disposal of computer module business

In June 2025, the Consolidated Company entered into an 'Investment, Refinancing and Sale and Purchase Agreement' with the counterparty. Pursuant to this agreement, the Consolidated Company disposed of all equity interests in two subsidiaries, transferred accounts receivable, and made arrangements relating to computer module manufacturing services. Subject to certain agreed conditions, the transaction consideration received by the Consolidated Company may be adjusted depending on the fulfillment of certain conditions, and the Consolidated Company has agreed obligations to be fulfilled after the transfer of business. When estimating the adjustments to the transaction consideration and the costs and expenses arising from the agreed obligations, the Consolidated Company must rely on subjective judgments and assumptions. Any changes in estimates resulting from changes in economic conditions or future operating conditions may cause significant recognition or reversal of previously recognized gains or losses on the disposal of the computer module business in the future. For relevant details, please refer to Notes 6(10) and 6(15).

6. Explanation of significant accounts

(1) Cash and Cash Equivalents

Cash on Hand Demand Deposits and Check Deposits Deposit Account Cash and Cash Equivalents Listed in the Cash Flow Statement	2025.12.31 $ 28,598 27,078,748 1,578,070 $ 28,685,416	2024.12.31 31,676 26,149,973 1,710,313 27,891,962

Please refer to Note 6(28) for the disclosure of interest rate risk, exchange rate risk and sensitivity analysis of the financial assets and liabilities of the Consolidated Company.

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(2) Financial Assets and Liabilities at Fair Value through Profit or Loss

2025.12.31 2024.12.31

Financial assets mandatorily measured at fair value through profit or loss:

Hybrid Instruments - Redemption Right for Convertible Corporate Bond Non-Derivative Financial Assets - Listed Stocks - Unlisted and Emerging Stocks - Limited Partnership - Private Equity Fund - Convertible Corporate Bonds Current Non-Current	$ - 1,336,001 2,179,968 259,092 161,135 102,823 $ 4,039,019 $ 121,631 3,917,388 $ 4,039,019	4,690 499,113 1,438,364 259,561 144,300 - 2,346,028 66,781 2,279,247 2,346,028

In accordance with the fair value measurement through profit or loss, the amount recognized under the other interests and losses. Please refer to Note 6(27) for details.

Financial assets at fair value through profit or loss of the consolidated company are not pledged, guaranteed, or restricted.

(3) Financial assets measured at fair value through other comprehensive income

Disposal of equity instruments measured at fair value through other comprehensive income - Listed Stocks - Unlisted and Emerging Stocks - Limited Partnership	2025.12.31 $ 291,815 273,111 267,419 $ 832,345	2024.12.31
		381,616 289,411 492,913
		1,163,940

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

Current equity investments measured at fair value through other comprehensive income

The Consolidated Company holds these equity instrument investments as longterm strategic investments and not for trading purposes, so they have been designated as measured at fair value through other comprehensive income.

The Consolidated Company invested in Foshan City Zhaoke Innovation Intelligent Industry Investment Fund Partnership (hereinafter referred to as the Zhaoke Innovation Fund) in January 2017 and Guangdong Guangdong Hongfu Xinghe Hongtu Venture Capital Fund Partnership (hereinafter referred to as the Hongfu Xinghe Fund) in May 2020 The duration of the Zhaoke Innovation Fund is seven years from the initial settlement date, which can be extended for two years by resolution of the partners' meeting. As of December 31, 2024, it was resolved at the partners' meeting to further extend the duration until December 24, 2027. The duration of Honfu Starriver Fund is seven years from the initial settlement date, which can be extended by resolution of the partners' meeting, without being restricted to a ten-year duration period. Upon initial recognition, the Consolidated Company designated the investment in the limited partnership as a financial asset measured at fair value through other comprehensive income. According to the Q&A issued by the Accounting Research and Development Foundation on June 15, 2023, this financial asset cannot be designated as measured at fair value through other comprehensive income. However, according to the Financial Supervisory Commission's Q&A on whether the classification of financial assets for investment in limited partnerships should be applied retrospectively, for limited partnership investments before June 30, 2023, there is no need to apply the past classification retrospectively. Therefore, the Consolidated Company continues to recognize the Zhaoke Innovation Fund and Hongfu Xinghe Fund as financial assets measured at fair value through other comprehensive income.

The consolidated company's subsidiary, Ennoconn International Investment Co., Ltd., has a financial asset measured at fair value through other comprehensive income, T-lamma, which entered liquidation proceedings in June 2024, with a cumulative net valuation loss of NT$47,608 thousand. The aforementioned cumulative net loss has been transferred from other comprehensive income to retained earnings. The consolidated company recognized a cumulative net valuation loss of NT$27,014 thousand according to its shareholding ratio.
The consolidated company's subsidiary, Goldtek Technology Co., Ltd, sold CloudtalkInc. measured at fair value through other comprehensive income in 2025, with a disposal price of NT$37,889 thousand and a cumulative net disposal gains of NT$12,914 thousand, respectively. The aforementioned cumulative net disposal gains have been transferred from other equity to retained earnings. The consolidated company recognized its share of cumulative net disposal gains of NT$33,467 thousand according to its shareholding ratio.
The consolidated company's subsidiary, Caswell Inc., sold VEEA INC. measured at fair value through other comprehensive income in December 2024 and January 2025, with a disposal prices of NT$3,268 thousand and NT$3,766 thousand, respectively, and a cumulative net disposal losses of NT$1,678 thousand and NT$1,875 thoudsand, respectively. The aforementioned cumulative net disposal loss has been transferred from other equity to retained earnings. The consolidated company recognized a cumulative net valuation losses of NT$532 thousand and NT$594 thousand, respectively, according to its shareholding ratio.

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

The Consolidated Company recognized dividend income of NT$179 thousand and NT$0 thousand in 2025 and 2024, respectively from its equity instrument investments designated as fair value through other comprehensive income as listed above.
For information on market risk, please refer to Note 6(28).
The Consolidated Company's financial assets measured at fair value through other comprehensive income are not provided as collateral, guarantees, or subject to restrictions.
(4) Notes Receivable and Accounts Receivable

subject to restrictions. otes Receivable and Accounts Receivable
Notes Receivable Accounts Receivable Accounts Receivable - Related Parties Less: Allowance for Loss	2025.12.31 $ 114,769 25,357,626 83,973 (1,785,584) $ 23,770,784	2024.12.31
		105,330 23,518,248 86,682 (1,523,904)
		22,186,356

For all notes receivable and accounts receivable, the Consolidated Company adopts the simplified approach to estimate expected credit losses, i.e., using the lifetime expected credit losses, for this measurement purpose, these notes receivable and accounts receivable are evaluated based on the shared credit risk characteristics representing the customers' ability to pay all amounts due in accordance with the contractual terms, and forward-looking information has been incorporated. The analysis of expected credit losses on the Consolidated Company's notes receivable and accounts receivable is as follows:

	2025.12.31
Carrying Amount of Accounts and Notes Receivable $ 19,210,602 2,294,282 1,513,458 524,974 273,946 1,001,812 737,294 $ 25,556,368	Weighted average expected credit loss rate 1.00% 0.54% 4.45% 21.05% 39.55% 67.10% 83.98%	Expected credit loss during the allowance
		192,159 12,469 67,275 110,489 108,357 675,640 619,195
		1,785,584

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

	2024.12.31
Carrying Amount of Accounts and Notes Receivable $ 17,117,589 2,375,088 1,902,426 471,779 465,712 835,675 541,991 $ 23,710,260	Weighted average expected credit loss rate 0.42% 2.50% 5.50% 14.30% 30.59% 68.21% 93.73%	Expected credit loss during the allowance
		71,908 59,363 104,656 67,468 142,468 570,028 508,013
		1,523,904

The changes in the allowance for doubtful notes and accounts receivable of the Consolidated Company are as follows:

Beginning Balance Impairment Losses Recognized Reversal Impairment Loss The Amount Written Off as Uncollectible for the Fiscal Year Foreign Currency Translation Gains and Losses and Others Merge Acquisition Ending Balance	2025 $ 1,523,904 1,642,751 (1,357,643) (30,236) 10,773 (3,965) $ 1,785,584	2024
		1,192,937 473,471 (121,469) (122,335) 101,300 -
		1,523,904

For details on the pledge of the Consolidated Company's accounts receivable as collateral for borrowings and performance guarantees, please refer to Note 8.

For other credit risk information, please refer to Note 6(28).

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(5) Inventories

Raw Materials Raw Materials in Transit Work in Process Semi-Finished Products Finished Goods Merchandise Inventory Less: Allowance for Inventory Market Price Decline	2025.12.31 $ 18,921,990 1,016,055 1,812,905 2,377,597 4,026,328 5,948,237 (3,022,960) $ 31,080,152	2024.12.31
		17,862,166 371,295 2,159,084 2,307,190 4,310,902 3,679,406 (2,611,714)
		28,078,329

The details of the inventory costs recognized as operating costs and expenses for the years 2025 and 2024 are as follows:

Inventory sold transferred to cost of sales Reversal gain on inventory Loss on Inventory Scrap (Gain) loss on reversal of onerous contracts Total	2025 $ 113,143,877 (248,865) 400,849 (184,682) $ 113,111,179	2024
		117,416,228 (254,231) 286,484 103,409
		117,551,890

For details on the situation where the Consolidated Company's inventory is provided as collateral for a pledge, please refer to Note 8

(6) Disposal groups for sale

On August 11, 2022, the Board of Directors of Kontron AG resolved to sell part of its IT service business, and on December 29, 2022, the deal passed antitrust review. Consequently, the assets and liabilities related to this business have been reported as a disposal group held for sale. The assets and liabilities were fully disposed of on June 30, 2023. For the operating results and cash inflows of the discontinued operations, please refer to Note 12(2).

(7) Investments Accounted for Using Equity Method

The investments of the Consolidated Company using the equity method on the reporting date are listed as follows:

eporting date are listed as follows:
Associate	2025.12.31 $ 606,343	2024.12.31
		624,262

After assessment, the consolidated company's investment in Suzhou Huakeshi Technology Co., Ltd. in March 2024 resulted in a comprehensive voting rights shareholding ratio of 32.00%. Therefore, the equity method is used for valuation.

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Consolidated Financial Statements (Continued)

The Consolidated Company's investment in SDY METAL INDUSTRY PTE. LTD. made in September 2023 had its shareholding ratio decrease from 20% to 18% due to a partial disposal of equity interests in August 2025. Accordingly, the equity method was discontinued, and the investment is accounted for as a financial asset under IFRS 9 and remeasured at fair value.
The associates accounted for using the equity method of the Consolidated Company are individually immaterial, and the aggregate financial information is as follows. These financial amounts are included in the consolidated financial statements of the Consolidated Company:

Aggregate carrying amount at the end of the period for interests in individual associates that are not individually material Portion Attributable to the Consolidated Company: Net Profit from Continuing Operations for the Current Period Other Comprehensive Income Total Comprehensive Income	2025.12.31	2024.12.31 624,262 2024 10,050 12,168 22,218
	$ 606,343
	2025
	$ 400 (1,065)
	$ (665)

The investments using the equity method by the Consolidated Company are not pledged, guaranteed or restricted.
(8) Business Combinations

The Consolidated Company has expanded its group business through the acquisition of the following companies and obtained relevant development, design, and production technologies.

Main Operating Activities Ennovision Inc. Security surveillance video monitoring KATEK SE and its subsidiaries Information Services Nera and it’s subsidiary Information Technology Network Ennotech IPC Suntastic.solar Solutions GmbH Green Energy Zhongsheng Huachi New Energy (Suzhou) EV Chargers Co., Ltd. and its subsidiaries Dudoo Ltd. and its subsidiaries Software Services ESCAT Dokumentenmanagement GmbH Document management services Suzhou Heguangshidu Intelligent Equipment Co., Ltd. Technological development and hardware sales	Date of Acquisition	Acquisition Ratio 60.00 % 59.44 % 63.77 % 100.00 % 100.00 % 40.00 % 44.94 % NA 52.00 %	Consideration Transferred Fair Value 90,000 4,400,050 (Note 1) 420,271 (Note 1) 154,438 45,948 7,796 (Note 1) 25,000 (Note 1) 40,045 (Note 2) 11,315

	2024.01 2024.02 2024.10 2024.10 2024.10 2025.01 2025.01 2025.01 2025.03

In fiscal year 2025, the Consolidated Company acquired Zhongsheng Huachi New Energy (Suzhou) Co., Ltd., Dudoo Ltd. and its subsidiaries, ESCAT Dokumentenmanagement GmbH, and Suzhou Heguang Shidu Intelligent Equipment Co., Ltd. The relevant information is as follows:

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

The major classes of consideration transferred and their fair values at the acquisition date are as follows:

	Zhongsheng		ESCAT
	Huachi New	Dudoo Ltd.	Dokumenten	Suzhou Heguangshidu
	Energy (Suzhou)	and its	management	Intelligent Equipment Co.,
	Co., Ltd.	subsidiaries	GmbH	Ltd.
Consideration
Transferred
Cash (Note)	$ 7,796	25,000	40,045	11,315

Note: The transfer consideration for acquiring 44.94% equity interest in Dudoo Ltd. and its subsidiaries has been paid in fiscal year 2024, and is recorded as prepaid investment payments as of December 31, 2024.

The fair value of the identifiable net assets acquired and liabilities assumed:

Zhongsheng Huachi New Energy (Suzhou) Co., Ltd. $ 6,569 - 1,722 - - 710 86	Zhongsheng Huachi New Energy (Suzhou) Co., Ltd. $ 6,569 - 1,722 - - 710 86	Dudoo Ltd. and its subsidiaries	ESCAT Dokumenten management GmbH	Suzhou Heguangshidu Intelligent Equipment Co., Ltd.
	6,569 - 1,722 - - 710 86	124,842 9,983 4,270 4,118 616 3,795 10,626	- - 2,449 - - 4,165 344	1,401 - 179 - - 440 1,700
	9,087	158,250	6,958	3,720
	- - 126	37,428 27,775 613	175 6,562 -	- - 124
	126	65,816	6,737	124
$	9,213	224,066	13,695	3,844
$	- 2,530 - - 37	69,698 11,067 1,916 18,207 3,500 23,092	- - - 3,413 -	- 1,522 - - 8,012
	2,567	127,480	3,413	9,534

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

Zhongsheng Huachi New Energy (Suzhou) Co., Ltd.	Dudoo Ltd. and its subsidiaries	ESCAT Dokumenten management GmbH	Suzhou Heguangshidu Intelligent Equipment Co., Ltd.
- - -	- - 16,390	744 1,509 -	- - -
-	16,390	2,253	-
2,567	143,870	5,666	9,534
6,646	80,196	8,029	(5,690)

The fair value of the accounts receivable acquired from the companies in the merger transactions approximates the book value, and there were no expected uncollectible amounts as of the acquisition date.

3. Goodwill

The goodwill recognized from acquisitions is as follows:

Consideration Transferred Less: The fair value of the identifiable net assets (liabilities) acquired Plus: Non-controlling interests (measured as the proportionate share of the identifiable net assets of non-controlling interests) Goodwill Arising from Acquisition	Zhongsheng Huachi New Energy (Suzhou) Co., Ltd.	Dudoo Ltd. and its subsidiaries	ESCAT Dokumenten management GmbH	Suzhou Heguangshidu Intelligent Equipment Co., Ltd.
	$ 7,796 6,646 3,991	25,000 80,196 104,774	40,045 8,029 -	11,315 (5,690) (2,731)
	$ 5,141	49,578	32,016	14,274

The goodwill arising from the acquisition mainly comes from the control premium. Furthermore, the consideration paid for the merger includes expected merger synergies, revenue growth, and future market development. However, such benefits do not meet the recognition criteria for identifiable intangible assets, and therefore are not recognized separately.

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

From the acquisition date to December 31, 2025, the revenue and net income contributed by the acquired company are as follows:

Operating Revenue Current net profit (loss)	Zhongsheng Huachi New Energy (Suzhou) Co., Ltd. $ 9,899	Dudoo Ltd. and its subsidiaries	ESCAT Dokumenten management GmbH	Suzhou Heguangshidu Intelligent Equipment Co., Ltd.
		201,844	114,527	41,728
	$ (10,344)	27,004	-	2,055

The consolidated company acquired Ennovision Inc., KATEK SE and its subsidiaries, Nera and its subsidiaries, Ennotech, and suntastic.solar Solutions GmbH in 2024. The relevant information is as follows:

(1) The major classes of consideration transferred and their fair values at the acquisition date are as follows:

Consideration Transferred Cash	Ennovision Inc.	KATEK SE and its subsidiaries	Nera and it’s subsidiary	Ennotech Vietnam Company Limited	Suntastic.solar Solutions
	$ 90,000	4,400,050	420,271	154,438	45,948

(2) The fair value of the identifiable net assets acquired and liabilities assumed:

Ennovision Inc.	KATEK SE and its subsidiaries	Nera and it’s subsidiary	Ennotech Vietnam Company Limited	Suntastic.solar Solutions GmbH
$ 79,713 - - 34,254 - 9,324 2,534	864,203 1,456- - 2,138,488 212,174 7,166,894 278,510	164,462 444,470 1,064,537 19,193 131,100 618,338	71,489 - - 4,918 - 1,718 6,690	27,838 - - 39,247 59,884 212,256 487
125,825	10,661,725	2,442,100	84,815	339,712
- - - -	62,296- 9- 2,809,340 1,743,849	104,024 104,580	- - 47,346 -	- - 11,802 -

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

	Ennovision Inc.	KATEK SE and its subsidiaries	Nera and it’s subsidiary	Ennotech Vietnam Company Limited	Suntastic.solar Solutions GmbH
	34,864 - -	1,799,754 222,547 37,340	1,631 99,619 3,485	- - 9,916	39,558 5,364 -
	34,864	6,675,135	313,339	57,262	56,724
	$ 160,689	17,336,860	2,755,439	142,077	396,436
	- - 29,700 1,167 - - - -	860,901 782,876 3,601,928 1,183,211 39,780 555,240 1,134,871 27,363	97,120 818,256 497,569 132,633 3,221 11,471 39,887 -	- - 10,286 3,170 - - - 78	- - 377,548 3,370 - 54,372 - -
	30,867	8,186,170	1,600,157	13,534	435,290
- - - - -		2,642,246- 205,400- 255,799 733,249 1,010,243	659 99,086 12,517 -	- - - - -	- 8,416 - - - -
-		4,846,937	112,262	-	8,416
$ 30,867		13,033,107	1,712,419	13,534	443,706
$ 129,822		4,303,753	1,043,020	128,543	(47,270)

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(3) Goodwill

The goodwill (gain on bargain purchase) recognized due to acquisitions is as follows:

Consideration Transferred Less: The fair value of the identifiable net assets (liabilities) acquired Plus: Non-controlling interests (measured as the proportionate share of the identifiable net assets of non-controlling interests) Goodwill Arising from Acquisition (Gain on bargain purchase)	Ennovision Inc.	KATEK SE and its subsidiaries	Nera and it’s subsidiary	Ennotech Vietnam Company Limited	Suntastic.solar Solutions GmbH
	$90,000 129,822 51,929	4,400,050 4,303,753 1,745,389	420,271 1,043,020 417993	$ 154,438 128,543 -	45,948 (47,270) -
	$ 12,107	1,841,686	(204,756)	25,895	93,218

The consolidated company's subsidiary ESS used the actual purchase price of Nera and its subsidiaries as the transfer consideration, and commissioned external independent experts to assist in identifying and measuring the fair value of the company's identifiable net assets. The gain of NT$204,756 thousand generated on the acquisition date is recorded under other gains and losses. Please refer to Note 6(27).

(4) From the acquisition date to December 31, 2024, the revenue and net income contributed by the acquired company are as follows:

Operating Revenue Current net profit (loss)	Ennovision Inc.	KATEK SE and its subsidiaries	Nera and it’s subsidiary	Ennotech Vietnam Company Limited	Suntastic.solar Solutions GmbH
	$ 56,304	16,050,879	652,132	23,030	91,579
	$ (35,911)	122,232	(8,790)	(14)	(4,951)

〜 51 〜

The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

(9) Changes in ownership interests in subsidiaries

The changes in equity of subsidiaries of the Consolidated Company for the years 2025 and 2024 that did not result in a change in control over those companies are as follows:

Marketech increased its equity in 2025 and 2024 due to the conversion of convertible corporate bonds, resulting in Ennoconn International's shareholding ratio decreasing from 41.46% to 38.18%, and from 42.32% to 41.46%, respectively.
In 2024, Kontron AG implemented a buyback of treasury shares, resulting in aggregate shareholding ratio of EIH and Ennoconn International from 27.86% to 28.64%.
Kontron AG, a subsidiary of the consolidated company, acquired equity interest in KATEK SE for NT$2,105,131 thousand in cash in May 2024, increasing its ownership from 59.4% to 87.36%. In 2025, Kontron AG further acquired equity interest in KATEK SE through the issuance of treasury shares, resulting in an increase in the consolidated company’s indirect ownership in KATEK SE from 87.36% to 96.86%. Since the change in the consolidated company’s ownership interest in the subsidiary does not affect its control over the subsidiary, it is accounted for as an equity transaction with owners.
In 2024, due to the partial conversion of convertible bonds issued by Marketech into common shares, the consolidated company’s indirect shareholding ratio in Renown Information decreased from 37.06% to 36.95%.
In 2025, due to the partial conversion of convertible bonds issued by Marketech into common shares and the acquisition of equity interest in CASwell by Ennoconn International, and considering the aforementioned effects, the consolidated company’s indirect shareholding ratio in Renown Information decreased from 36.95% to 36.57%.
Dexatek increased its equity in October 2024 through a cash capital increase, and Ennoconn International did not subscribe proportionally to its shareholding, resulting in a decrease in the consolidated company's indirect shareholding ratio in Dexatek from 56.00% to 55.01%.
In January 2025, Ennoconn International disposed of its equity interest in Dexatek, resulting in a decrease in the consolidated company’s indirect shareholding ratio in Dexatek from 55.01% to 53.11%.
In April 2025, Ennoconn International acquired equity interest in CASwell for NT$45,120 thousand in cash, resulting in an increase in the consolidated company’s indirect shareholding ratio in CASwell from 31.70% to 32.50%.
From May to December 2025, Ennoconn International acquired equity interest in Kontron AG for NT$213,432 thousand in cash, resulting in an increase in the consolidated company’s indirect shareholding ratio in Kontron AG from 1.22% to 1.61%.
EnnoMech (Cayman) increased its equity in August 2025 through a capital increase, and Ennoconn International did not subscribe proportionally to its shareholding, resulting in a decrease in the consolidated company’s indirect shareholding ratio in EnnoMech (Cayman) from 100% to 67.65%.
In September 2025, ESS acquired the remaining 0.03% equity interest from individual shareholders for AUD 1 thousand, thereby increasing the consolidated

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

company's indirect shareholding ratio in Ennoconn Australia and its subsidiaries from 99.97% to 100%.

EnnoVision, a second-tier subsidiary of the consolidated company, increased its equity in November 2025 through a capital increase, and Goldtek did not subscribe proportionally to its shareholding, resulting in a decrease in the consolidated company’s indirect shareholding ratio in EnnoVision from 34.05% to 29.60%.
The list showing the effect of changes in ownership interests in the aforementioned subsidiaries due to the merger of the companies on the equity attributable to the Consolidated Company is as follows:

2025:

Marketech Kontron AG CASwell Inc. Renown Information Goldtek ESS Dexatek Ennoconn (Suzhou) EnnoMech (Cayman) Total	Cash consideration received (paid)	Amount transferred out (in) from non-controlling interests due to relative change inequity	Equity Trading Differences
	$ - (213,432) (45,120) - - 36,300 - - $(222,252)	416,491 (125,397) 28,812 (123) 7,286 (10) (13,432) (19,379) 59,165	416,491 (338,829) (16,308) (123) 7,286 (10) 22,868 (19,379) 59,165
		353,413	131,161

2024:

Marketech Kontron AG CASwell Inc. Renown Information Dexatek Total	Cash consideration received (paid)	Amount that should be transferred out (in) from non- controlling interests calculated based on the relative change in equity in the subsidiary's net asset carrying amount	Equity Trading Differences
	$ - (2,105,131) (45,120) - - $ 2,105,131	(97,379) (1,857,529) (4) (47) (1,846)	(97,379) (247,602) (4) (47) (1,846)
		1,758,253	(346,878)

The above difference in equity transactions is adjusted as additional paid-in capital.

〜 53 〜

The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

(10) Loss of control over a subsidiary

The consolidated company lost control over certain subsidiaries during 2025. The relevant information is as follows:

Deregistration of the subsidiary S&T MEDTECH SRL located in Romania.
Disposal of partial equity interest in subsidiary Comlab Beijing Radio Frequency Technology Co. Ltd., resulting in the loss of control over the company.
Disposal of equity interest in subsidiary Kontron Partner Kft., resulting in the loss of control over the company.
Deregistration of subsidiaries Katek Electronics Malaysia SDN. BHD. and Katek Singapore PTE. LTD. located in Malaysia and Singapore, respectively.
Based on operational strategic considerations, the Consolidated Company entered into an "Investment, Refinancing and Sale and Purchase Agreement" with Congatec GmbH in June 2025, in order to transfer the computer module business to Congatec GmbH. The company acquired 96% of the equity interest in JUMPtec GmbH through subscription of newly issued shares of the consolidated subsidiary JUMPtec GmbH, and acquired two subsidiaries of the consolidated company providing computer module manufacturing-related services, namely Kontron America Modules LLC in the United States and Kontron embedded design Sdn Bhd in Malaysia, for NTD 908,780 thousand (approximately EUR 25,980 thousand) and NTD 700 thousand (approximately EUR 20 thousand), respectively. In addition, Congatec GmbH also acquired the consolidated company's accounts receivable claims amounting to approximately NTD 4,599,870 thousand (approximately EUR 131,500 thousand).

Furthermore, in accordance with the provisions of the agreement, the transaction consideration shall be subject to adjustment depending on the fulfillment of certain conditions, and the consolidated company has post-transfer contractual obligations to fulfill, all of which have been estimated and recorded as follows:

Accountingitem Other Non-Current Assets Provisions for Liabilities - Current	Amount
	$ 3,885,541 (EUR111,080 thousand) 1,651,000 (EUR45,900 thousand)

In summary, the net gain arising from the consolidated company's disposal of the computer module business and its subsidiaries amounted to NTD 2,840,320 thousand, recorded under "Non-operating Income and Expenses — Other Gains and Losses".

The adjustments to transaction consideration and the estimation of performance obligations in the above transactions require subjective judgments and assumptions by the consolidated company. Any changes in estimates arising from changes in economic conditions or future operating conditions may result in material recognition or reversal of previously recognized gains or losses on the disposal of the computer module business in the future.

〜 54 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

1. Consideration received:

Cash and Cash Equivalents Other Receivables (Note) Total	JUMPtec GmbH $ 192,390 2,783,671 $ 2,976,061	Kontron America Modules LLC		Kontron Asia embedded design Sdn Bhd 700 - 700	S&T MEDTECH SRL - - -	Comlab Beijing Radio Frequency Technology Co. Ltd. - - -	Kontron Partner Kft. 6,996 - 6,996	Katek Electronics Malaysia SDN.BHD. - - -	Katek Singapore PTE. LTD.
		908,780 -							- -
		908,780							-

The transaction consideration of NTD 3,885,541 thousand (equivalent to approximately EUR 111,080 thousand) arising from the loss of control over subsidiaries due to the transfer of the computer module business, of which NTD 1,101,870 thousand (equivalent to approximately EUR 31,500 thousand) has been collected in July 2025.

2. Loss of control over assets and liabilities:

Cash and Cash Equivalents Notes and Accounts Receivable Inventories Other Current Assets Property, plant, and equipment Right-of-Use Assets Goodwill Other Intangible Assets Deferred Income Tax Assets - Other Non-Current Assets Contract Liability - Current - Accounts Payable Other Payables Current Income Tax Liabilities Provisions for Liabilities - Current Lease Liabilities - Current Long-term liabilities due within one year or one operating cycle - Other Current Liabilities Provisions for Liabilities - Non- Current Lease Liabilities	JUMPtec GmbH	Kontron America Modules LLC	Kontron Asia Embedded design Sdn Bhd	S&T MEDTECH SRL	Comlab Beijing Radio Frequency Technology Co. Ltd.	Kontron Partner Kft.	Katek Electronics Malaysia SDN. BHD.	Katek SingaporePTE. LTD.
	$ 87,796 251,367 156,734 32,586 12,407 13,012 244,454 254,939 42,525 (363,131) (7,325) (31,786) (1,145) (5,127) (51,872) (924) (7,933)	41,316 208,334 34,139 3,993 2,013 - - 7,086 80,298 - (2,409) (183,230) (13) (40,917) (1,938) - - (3,807) (2,267) -	2,965 21,768 - 14 448 - -- -- -- - (24,545) - -- - - -- (1,116)- -- -	19,703 2,325 25,786 2,411 23,423 131 331 (8,807) (7,930) (1,446) (135) -	42,388 159,979 45,496 3,619 2,501 - - 707 - - - (7,151) (10,667) - - - (14,748) (8,262) - -	8,420 - 5,051 1,650 - - - - - - (31) (146,225) (33,634) - - - - - - -	- - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
	$ 626,577	142,598	(466)	55,792	213,862	(164,769)	-

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Consolidated Financial Statements (Continued)

3. Disposal of subsidiary losses:

Consideration Received Net liabilities (assets) from disposals Non-Controlling Interests Reclassification of other comprehensive income	JUMPtec GmbH	Kontron America Modules LLC	Kontron Asia embedded design Sdn Bhd	S&T MEDTECH SRL	Comlab Beijing Radio Frequency Technology Co. Ltd.	Kontron Partner Kft.	Katek Electronics Malaysia SDN. BHD.	Katek SingaporePTE. LTD.
	$ 2,976,061 (626,577) - 569	908,780 (142,598) - (85,071)	700 466 - 14	- (55,792) - (60,178)	- (213,862) 116,837 6,720	6,996 164,769 - (163,408)	- - 5,748	- - - 146
	$ 2,350,053	681,111	1,180	(115,970)	(90,305)	8,357	5,748	146

4. Net cash outflow (outflow) from disposal of subsidiaries

Consideration Received One-time expenses for disposal of computer module business Less: Disposal of cash and cash equivalents Net cash outflow (outflow) from disposal of subsidiaries	JUMPtec GmbH	Kontron America Modules LLC	Kontron Asia embedded design Sdn Bhd	S&T MEDTECH SRL - - 19,703 (19,703)	Comlab Beijing Radio Frequency Technology Co. Ltd.	Kontron Partner Kft.	Katek Electronics Malaysia SDN. BHD.	Katek Singapore PTE. LTD.
	$ 192,390 (371,557) 87,796	908,780 - 41,316	700 - 2,965		- - 42,388	6,996 - 8,420	- - -	- - -
	$ 266,963	867,464	(2,265)		(42,388)	(1,424)	-	-

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

In 2024, the consolidated company disposed of Integrated Manufacturing & Services Co., Ltd., Katek Vorrats-GmbH1, and Telealarm Europe and its subsidiaries, and lost control over these subsidiaries. The relevant information is as follows:

Consideration received:

as follows: Consideration received:
Cash and Cash Equivalents	Integrated Manufacturing & Services Co., Ltd. $ 41,928	Katek Vorrats- GmbH1 314	Telealarm Europe and its subsidiaries
			1,126,407

Loss of control over assets and liabilities:

Cash and Cash Equivalents Notes and Accounts Receivable Inventories Other Current Assets Property, plant, and equipment Right-of-Use Assets Goodwill Other Intangible Assets Deferred Income Tax Assets Other Non-Current Assets Contract Liability - Current Accounts Payable Other Payables Provisions for Liabilities - Current Lease Liabilities Other Current Liabilities Deferred Income Tax Liabilities Net Defined Benefit Liability －Non-Current Other Non-Current Liabilities	Integrated Manufacturing & Services Co., Ltd.	Katek Vorrats- GmbH1	Telealarm Europe and its subsidiaries
	$ 14,233 5,470 - 3,883 20,655 - - - 456 (1,754) (1,780) (463) - -	417 24 - - - - - - - - - - -	43,048 120,232 71,402 21,884 14,380 14,080 416,003 521,981 6,073 90,938 (7,369) (100,629) - (7,312) (11,667) (50,441) (166,345) (40,365) (1,030)
	$ 40,700	441	934,863

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

3. Disposal of subsidiary losses:

Consideration Received Net assets from disposals Reclassification of other comprehensive income	Integrated Manufacturing & Services Co., Ltd.	Katek Vorrats- GmbH1	Telealarm Europe and its subsidiaries
	$ 41,928 (40,700) -	314 (441) -	1,126,407 (934,863) 5,223
	$ 1,228	(127)	196,767

Net cash outflow from disposal of subsidiaries:

Consideration Received Less: Disposal of cash and cash equivalents Net cash outflow (outflow) from disposal of subsidiaries	Integrated Manufacturing & Services Co., Ltd.	Katek Vorrats- GmbH1	Telealarm Europe and its subsidiaries
	$ 41,928 14,223	314 417	1,126,407 43,048
	$ 27,695	(103)	1,083,359

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Consolidated Financial Statements (Continued)

(11) Subsidiaries with Material Non-Controlling Interests

The non-controlling interests in subsidiaries that are material to the Consolidated Company are as follows:

The proportion of ownership interests and voting rights for non-controlling interests

	Main Business Location/The
Subsidiary	country where the company is
Name	registered	2025.12.31	2024.12.31
CASwell Inc.	Taiwan	67.50%	68.30%
Kontron AG	Austria	71.56%	71.36%
Marketech	Taiwan	61.82%	58.54%

The summarized financial information of the aforementioned subsidiaries is as follows. This financial information is prepared in accordance with International Financial Reporting Standards recognized by the Financial Supervisory Commission, and reflects the fair value adjustments made by the Consolidated Company on the acquisition date and the adjustments made for differences in accounting policies. These amounts are before elimination of inter-company transactions:

Consolidated Financial Information of CASwell Inc. and its Subsidiaries

Current Assets Non-Current Assets Current Liabilities Non-Current Liabilities Net Assets Ending balance of non- controlling interests Operating Revenue Net profit for the period Other Comprehensive Income Total Comprehensive Income Net Profit for the Period Attributable to Non-Controlling Interests Total Comprehensive Income Attributable to Non-Controlling Interests	2025.12.31 $ 4,011,358 1,919,404 (1,482,189) (752,372) $ 3,723,201 $ 2,555,000 2025 $ 4,309,272 $ 309,558 (34,872) $ 274,686 $ 207,637 $ 182,096	2024.12.31
		3,676,897 1,989,205 (1,171,751) (818,364) 3,675,984
		2,561,332
		2024
		4,253,669 330,965 (19,589) 311,376
		178,743
		163,444

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

Cash Flows from Operating Activities Cash Flows from Investing Activities Cash Flows from Financing Activities The Effect of Exchange Rate Fluctuations on Cash Amounts Decrease in Cash and Cash Equivalents Dividends Paid to Non-Controlling Interests onsolidated Financial Information Current Assets Non-Current Assets Current Liabilities Non-Current Liabilities Net Assets Ending balance of non- controlling interests Operating Revenue Net profit for the period Other Comprehensive Income Total Comprehensive Income Net Profit for the Period Attributable to Non-Controlling Interests Total Comprehensive Income Attributable to Non-Controlling Interests Cash Flows from Operating Activities Cash Flows from Investing Activities Cash Flows from Financing Activities The Effect of Exchange Rate Fluctuations on Cash Amounts Decrease in Cash and Cash Equivalents Dividends Paid to Non- Controlling Interests	Cash Flows from Operating Activities Cash Flows from Investing Activities Cash Flows from Financing Activities The Effect of Exchange Rate Fluctuations on Cash Amounts Decrease in Cash and Cash Equivalents Dividends Paid to Non-Controlling Interests onsolidated Financial Information Current Assets Non-Current Assets Current Liabilities Non-Current Liabilities Net Assets Ending balance of non- controlling interests Operating Revenue Net profit for the period Other Comprehensive Income Total Comprehensive Income Net Profit for the Period Attributable to Non-Controlling Interests Total Comprehensive Income Attributable to Non-Controlling Interests Cash Flows from Operating Activities Cash Flows from Investing Activities Cash Flows from Financing Activities The Effect of Exchange Rate Fluctuations on Cash Amounts Decrease in Cash and Cash Equivalents Dividends Paid to Non- Controlling Interests	2025 2024 $ 276,088 50,479 (7,315) (54,127) (290,222) (195,815) (10,756) 8,184 $ (32,205) (191,279) $ 158,336 156,805 of Kontron AG and its Subsidiaries 2025.12.31 2024.12.31 $ 35,172,906 36,834,634 30,770,220 25,426,210 (25,309,589) (24,528,952) (13,101,437) (15,463,127) $ 27,532,100 22,268,765 $ 21,648,770 18,108,481 2025 2024 $ 56,568,992 58,568,583 $ 4,928,128 3,188,089 (376,024) 92,144 $ 4,552,104 3,280,233 $ 3,306,131 2,093,327 $ 4,218,740 2,153,930 2025 2024 $ 4,946,238 2,615,068 (2,049,822) (4,416,419) (4,591,432) 1,204,872 (139,805) 19,696 $ (1,834,821) (576,783) $ 876,400 770,244	2024
			50,479 (54,127) (195,815) 8,184
			(191,279)
			156,805
			36,834,634 25,426,210 (24,528,952) (15,463,127)
			22,268,765
			18,108,481
			2024
			58,568,583 3,188,089 92,144 3,280,233
			2,093,327
			2,153,930
			2024
			2,615,068 (4,416,419) 1,204,872 19,696
			(576,783)
			770,244

Consolidated Financial Information of Kontron AG and its Subsidiaries

〜 60 〜

The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

Consolidated financial information of Marketech International Corp. and its Subsidiaries

Current Assets Non-Current Assets Current Liabilities Non-Current Liabilities Net Assets Ending balance of non- controlling interests Operating Revenue Net profit for the period Other Comprehensive Income Total Comprehensive Income Net Profit for the Period Attributable to Non-Controlling Interests Total Comprehensive Income Attributable to Non-Controlling Interests Cash Flows from Operating Activities Cash Flows from Investing Activities Cash Flows from Financing Activities The Effect of Exchange Rate Fluctuations on Cash Amounts Increase in cash and cash equivalents Dividends Paid to Non- Controlling Interests	2025.12.31 $ 46,713,616 10,736,640 (37,783,902) (3,473,437) $ 16,192,917 $ 10,058,314 2025 $ 51,567,474 $ 3,166,189 (96,599) $ 3,069,590 $ 1,847,187 $ 1,777,665 2025 $ 5,661,243 (1,142,687) (2,654,422) (293,284) $ 1,570,850 $ 715,036	2024.12.31
		37,953,602 8,703,721 (29,549,532) (5,081,921)
		12,025,870
		7,092,510
		2024
		60,675,104
		1,757,290 164,770 1,922,060
		999,849
		1,121,064
		2024
		10,917,397 (1,349,135) (5,685,340) 349,706
		4,232,628
		707,081

〜 61 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(12) Property, plant, and equipment

The following are the details of the changes in the cost, depreciation, and impairment loss of property, plant, and equipment for the Consolidated Company:

Cost January 1, 2025 Additions Acquisition through business combinations Disposal Loss of control Reclassification The Effects of Changes in Foreign Exchange Rates December 31, 2025 January 1, 2024 Additions Acquisition through business combinations Loss of control Disposal Reclassification The Effects of Changes in Foreign Exchange Rates January 1, 2024 Depreciation and impairment loss: January 1, 2025 Depreciation of the Current Year Impairment loss Acquisition through business combinations Disposal Loss of control Reclassification The Effects of Changes in Foreign Exchange Rates December 31, 2025 January 1, 2024 Depreciation of the Current Year Impairment loss Acquisition through business combinations Loss of control Classified as non-current assets held for sale Disposal Reclassification The Effects of Changes in Foreign Exchange Rates January 1, 2024 Book value: December 31, 2025 January 1, 2024 January 1, 2024	Land Buildings Machinery Leasehold Improvement Others Total
	$ 942,712 7,472,205 7,010,928 227,989 2,288,344 17,942,178 965 740,885 893,675 12,631 1,321,404 2,969,560 - - 175 - 73,183 73,358 - (33,153) (247,434) (2,225) (65,082) (347,894) - (81,258) (44,580) - - (125,838) - 73,279 (15,270) 1,026 (236,919) (177,884) (1,541) 216,253 384,410 (1,726) (35,787) 561,609
	$ 942,136 8,388,211 7,981,904 237,695 3,345,143 20,895,089
	$ 947,166 6,282,171 3,923,670 85,491 1,104,794 12,343,292 - 498,618 1,092,041 33,281 1,408,448 3,032,388 - 487,132 2,312,641 48,204 199,826 3,047,803 - (5,913) (71,471) - (4,097) (81,481) - (36,684) (320,831) (10,882) (218,580) (586,977) (7,218) 178,970 (6,917) 71,147 (217,034) 18,948 2,764 67,911 81,795 748 14,987 168,205
	$ 942,712 7,472,205 7,010,928 227,989 2,288,344 17,942,178
	$ - 2,539,248 3,189,048 72,206 666,300 6,466802 - 299,862 953,573 42,556 153,287 1,449,278 - - - 884 - 884 - - - - 35,755 35,755 - (32,373) (154,894) (2,225) (57,676) (247,168) - (49,136) (35,910) - - (85,046) - - (88,369) 71 79,532 (8,766) - 24,230 139,510 1,450 (17,873) 147,317
	$ - 2,781,831 4,002,958 114,942 859,325 7,759,056
	$ - 2,188,359 2,367,095 34,593 574,714 5,164,761 - 311,113 960,209 27,620 121,383 1,420,325 - - - - - - - 691 260 15,540 58,800 75,291 - (2,792) (40,904) - (2,750) (46,446) $ - - - - - - - (4,792) (153,948) (8,249) (89,747) (256,736) - 12,626 5,903 2,439 (7,560) 13,408 - 34,043 50,433 263 11,460 96,199
	$ - 2,539,248 3,189,048 72,206 666,300 6,466,802
	$ 942,136 5,606,380 3,978,946 122,753 2,485,818 13,136,033
	$ 947,166 4,093,812 1,556,575 50,898 530,080 7,178,531
	$ 942,712 4,932,957 3,821,880 155,783 1,622,044 11,475,376

For details on the real estate, plants and equipment of the Consolidated Company that were provided as collateral for the pledge, please refer to Note 8.

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(13) Intangible assets

The cost and amortization details of the intangible assets of the Consolidated Company are as follows:

Cost or Deemed Cost: Balance as of January 1, 2025 Obtain individually Acquisition through business combinations Loss of control Disposal Reclassification The Effects of Changes in Foreign Exchange Rates Balance as of December 31, 2025 Balance as of January 1, 2024 Obtain Individually Acquisition through business combinations Loss of control Disposal Reclassification The Effects of Changes in Foreign Exchange Rates Balance as of December 31, 2024 Amortization: Balance as of January 1, 2025 Current Amortization Impairment recognized during the current period Acquisition through business combinations Loss of control Disposal The Effects of Changes in Foreign Exchange Rates Balance as of December 31, 2025 Balance as of January 1, 2024 Current Amortization Acquisition through business combinations Loss of control Disposal Reclassification The Effects of Changes in Foreign Exchange Rates Balance as of December 31, 2024 Book value: December 31, 2025 January 1, 2024 December 31, 2024	Goodwill Trademark Patents Computer software cost Customer Relationships Others Total
	$ 16,406,389 2,322,094 634,848 7,891,462 3,317,161 1,670,598 32,241,552 - - 43,208 2,058,845 - 570 2,102,623 101,009 - - - 34,337 - 135,346 (244,454) - - (288,424) - - (532,878) - (2,927 - (568,491) (35,964) (15,912) (623,294) - - - 15,386 - - 15,386 511,457 160,533 3,205 265,667 233,648 107,676 1,282,186
	$ 16,773,401 2,479,700 681,261 9,374,445 3,549,182 1,762,932 34,620,921
	$ 14,532,167 2,157,982 634,848 6,859,627 3,029,672 1,456,134 28,670,430 - - - 1,712,582 - 2,126 1,714,708 1,972,906 218,785 - 600,344 852,787 240,243 3,885,065 (416,003) - - (1,013) (525,711) (45,514) (988,241) - (65,652) - (1,478,904) (59,482) - (1,604,038) 8,962 - - 272 - 937 10,171 307,357 10,979 - 198,554 19,895 16,672 553,457
	$ 16,405,389 2,322,094 634,848 7,891,462 3,317,161 1,670,598 32,241,552
	$ 73,090 771,017 560,967 3,283,280 2,560,296 1,143,380 8,392,030 - 65,101 14,082 785,991 328,118 147,106 1,340,398 72,557 - 11,568 1,551 - - 85,676 - - - - - - - - - - (25,692) - - (25,692) - (2,927) - (412,539) (35,964) (15,911) (467,341) (2,988) 39,116 - (79,636) 200,548 86,705 243,745
	$ 142,659 872,307 586,617 3,552,955 3,052,998 1,361,280 9,568,816
	68,504 692,960 499,492 3,754,181 2,294,927 926,600 8,236,664 - 120,886 61,475 727,759 353,718 233,685 1,497,523 - 21,520 - 13,982 - 850 36,352 - - - - (31,292) (18,964) (50,256) - (65,650) - (1,390,493) (59,482) - (1,515,625) - - - (22) - - (22) 4,586 1,301 - 177,873 2,425 1,209 187,394
	$ 73,090 771,017 560,967 3,283,280 2,560,296 1,143,380 8,392,030
	$ 16,630,742 1,607,393 94,644 5,821,490 496,184 401,652 25,052,105
	$ 14,463,663 1,465,022 135,356 3,105,446 734,745 529,534 20,433,766
	$ 16,332,299 1,551,077 73,881 4,608,182 756,865 527,218 23,849,522

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

1. Indefinite-lived intangible assets

Part of the trademarks of the Consolidated Company can be extended for the statutory period at a minimal cost. The Consolidated Company plans to continue applying for extensions of the statutory period and continue producing the product series. Therefore, it is expected that the trademarks will continue to generate net cash inflows, so they are considered intangible assets with indefinite useful lives.

2. Impairment Test on Goodwill

The goodwill totaling NTD 72,557 thousand arising from the consolidated company's acquisitions of Renown Information, Goldtek, and Poslab Technology Corp. in May 2022, September 2014, and November 2019, respectively, was impaired by NTD 72,557 thousand in 2025 due to poor operating conditions, resulting in actual post-acquisition revenue growth falling short of expectations.

3. Guarantee

The intangible assets of the Consolidated Company have not been provided as collateral.

(14) Right-of-Use Assets

The Consolidated Company leases land, buildings and structures, machinery and equipment, office equipment, transportation equipment, and other equipment. The relevant information is as follows:

Cost: January 1, 2025 Additions Less Loss of control Reclassification The Effects of Changes in Foreign Exchange Rates December 31, 2025 January 1, 2024 Additions Less Acquisition through business combinations Loss of control Reclassification The Effects of Changes in Foreign Exchange Rates December 31, 2024 Depreciation: January 1, 2025 Depreciation of the Current Year Loss of control Less Reclassification The Effects of Changes in Foreign Exchange Rates December 31, 2025	Land Buildings Machinery Office Equipment Transportation equipment Other equipment Total
	$ 1,904,841 7,318,756 12,327 245,329 852,562 183 10,333,998 2,973 1,572,637 666 144,275 211,335 465 1,932,351 (56,710) (963,006) (146) (59,112) (116,109) (85) (1,195,168) - (15,430) - - - - (15,430) 1,460 (21) - 11,999 (69) - 13,369 (1,108) 196,863 (428) 22,522 74,874 - 292,723
	$ 1,851,456 8,109,799 12,419 365,013 1,022,593 563 11,361,843
	$ 1,851,776 4,843,779 1,711 31,594 739,659 207 7,468,726 127,678 1,340,886 10,590 69,865 274,673 - 1,823,692 (78,499) (690,616) (116) (46,083) (165,661) (24) (980,999) - 1,711,123 - 197,648 20,231 - 1,929,002 - (13,186) - (9,311) (416) - (22,913) - (16,185) - (2,635) (2,362) - (21,182) 3,886 142,955 142 4,251 (13,562) - 137,672
	$ 1,904,841 7,318,756 12,327 245,329 852,562 183 10,333,998
	$ 229,067 2,981,711 5,314 102,676 397,687 139 3,716,594 36,889 1,216,513 2,764 69,120 211,796 163 1,537,245 - (2,287) - - - - (2,287) (36,915) (360,409) (146) (56,175) (102,094) (85) (555,824) 27,522 - - 2,954 (121) - 30,355 438 94,170 (161) 10,054 40,910 - 145,411
	$ 257,001 3,929,698 7,771 128,629 548,178 217 4,871,494

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

January 1, 2024 Depreciation of the Current Year Less Reclassification Acquisition through business combinations Loss of control The Effects of Changes in Foreign Exchange Rates December 31, 2024 Book value: December 31, 2025 January 1, 2024 December 31, 2024	Land Buildings Machinery Office Equipment Transportation equipment Other equipment Total
	$ 192,030 1,997,020 564 19,754 364,912 95 2,574,375 36,974 1,366,622 4,807 86,344 183,364 68 1,678,179 (378) (494,589) (116) (6,821) (142,631) (24) (644,559) - (12,953) - (2,768) 1,373 - (14,348) - 71,816 - 8,757 - - 80,573 - (7,454) - (758) (199) - (8,411) 441 61,249 59 (1,832) (9,132) - 50,785
	$ 229,067 2,981,711 5,314 102,676 397,687 139 3,716,594
	$ 1,594,455 4,180,101 4,648 236,384 474,415 346 6,490,349
	$ 1,659,746 2,846,759 1,147 11,840 374,747 112 4,894,351
	$ 1,675,774 4,337,045 7,013 142,653 454,875 44 6,617,404

(15) Other Current Assets and Other Non-Current Assets

Prepayments Receivables from disposal of computer module business Other Receivables Refundable deposits Other Financial Assets Current Tax Assets Contract Asset - Non-Current Prepayments for Business Facilities Others Current Non-Current	2025.12.31 $ 5,420,909 2,783,671 2,625,709 605,290 472,346 341,497 78,253 19,876 1,552,692 $ 13,900,243 $ 9,334,656 4,565,587 $ 13,900,243	2024.12.31
		2,320,188 - 1,546,367 442,833 303,423 232,705 50,636 29,473 1,613,806
		6,539,431
		5,476,506 1,062,925 6,539,431

For the receivables arising from the disposal of the computer module business listed above, please refer to the explanation in Note 6(10).

For details on other current assets and other non-current assets of the Consolidated Company pledged as collateral for borrowings, please refer to Note 8.

〜 65 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(16) Short-Term Borrowings

hort-Term Borrowings
Unsecured Bank Borrowings Secured Bank Borrowings Unused Quota Interest Rate Range	2025.12.31	2024.12.31 12,201,267 1,828,197 14,029,464 44,107,819 1.00%~24.50%
	$12,165,972 1,223,312
	$ 13,389,284
	$ 47,874,174
	0.93%~19.50%

Issuance and repayment of loans

The Consolidated Company had no significant issuance, repurchase, or repayment of short-term borrowings for 2025 and 2024. For interest expenses, please refer to Note 6(27)

Collateral for bank loans

For details on the situation where assets were pledged as collateral for bank borrowings in the case of the Consolidated Company, please refer to Note

(17) Long-Term Loans

) Long-Term Loans
	2025.12.31
	Interest rate range (%) Expiration Year	Amount
Unsecured Bank Borrowings Secured Bank Borrowings Subtotal Less: Portion due within one year Total	1.10%~4.17% 118~124 2.12%~4.00% 121~123 2024.12.31 Interest rate range (%) Expiration Year	$11,324,735 2,233,874
		13,558,609 (3,846,235)
		$ 9,712,374

		Amount
Unsecured Bank Borrowings Secured Bank Borrowings Subtotal Less: Portion due within one year Total	0.97%~5.53% 117~118 0.50%~4.09% 119~132	$11,313,986 2,087,327
		13,401,313 (2,379,593)
		$ 11,021,720

The Consolidated Company complied with the relevant contractual terms as of the year 2025, and therefore classified the aforementioned borrowing as a non-current liability. The Consolidated Company expects to comply with the relevant contractual terms at the end of each quarter for at least twelve months after the reporting date.
For details on the situation where assets were pledged as collateral for bank borrowings in the case of the Consolidated Company, please refer to Note.

〜 66 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(18) Corporate Bonds Payable

The balance of corporate bonds payable for the Consolidated Company is as follows:

2025.12.31 The 4th Domestic Unsecured Convertible Corporate Bonds $ - The 5th Domestic Unsecured Convertible Corporate Bonds 2,966,786 The 6th Domestic Unsecured Convertible Corporate Bonds - Subsidiary's Unsecured Convertible Corporate Bonds 225,047 Less: Listed as the portion due within one year or redeemable within one year (3,191,833) Ending Balance of Corporate Bonds Payable $ - Embedded derivatives - Call and put options (reported as financial assets at fair value through profit or loss) $ - Equity component - Conversion right (reported under capital surplus - stock options) $ 166,177	2024.12.31
	23,164 2,914,701 1,488,067 2,434,568
	-
	6,860,500
	4,690
	202,739

To meet the needs of working capital and repayment of long-term borrowings, the Company issued the fourth domestic unsecured convertible corporate bonds on November 16, 2021
(1) Total issuance: NT$1,000,000 thousand
(2) Face value: NT$100 thousand each
(3) Coupon rate: 0%
(4) Effective interest rate: 0.9994%
(5) Book value at issuance: NT$951,494 thousand
(6) Term: November 16, 2021~November 16, 2026
(7) Conversion Period:

Except for the suspension period of conversion, the creditors may at any time request that the convertible corporate bonds held be converted into the common shares of the Company from the following day after three-month of issuance date (February 17, 2022) to the expiration date November 16, 2026, in accordance with the regulations on corporate bond conversion. The suspension period of conversion is as follows:

A. During the book closure period, the transfer of common stocks is suspended in accordance with the law.

B. The Company will negotiate with Taipei Exchange on the period from the 15 business days before the book closure date of issuance of bonus shares, the book closure date of cash dividend or the book closure date of the issuance of common shares for cash to the record date of rights distribution.

〜 67 〜

The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

C. The date of capital reduction is cut off one day before the commencement of capital reduction.

D. Other suspension periods of stock transfer by law.
(8) Conversion Price and Its Adjustment:

The conversion price at the time of initial issuance was set at NT$221.1. Due to an increase in the number of the Company's issued common shares, the conversion price was adjusted in accordance with Article 12 of the Company's regulations on the domestic issuance and conversion of unsecured convertible corporate bonds. As of December 31, 2025, the conversion price was adjusted to NT$ 187.8.

(9) Redemption rights of creditors:

30 days prior to 3 years after the issuance of corporate bonds (November 16, 2024), bondholders may notify the Company in written based on the regulations of corporate bonds conversion method to request redeem convertible corporate bonds in cash by the carrying amount.

(10) The Company's Redemption Right:

From the issuance of corporate bonds for 3 years (November 17, 2024) to 40 days before the maturity date (October 7, 2026), if the closing price of the Company’s common stocks exceeds the current conversion price for 30 consecutive business days for up to 30%, or the outstanding balance of the convertible corporate bonds is less than 10% of the original total amount of the issuance, the Company may notify the bondholders in accordance with the regulations of conversion method and call back all the corporate bonds by cash at par value.

A. Redemption upon maturity of bonds:

Unless the bonds have been redeemed, repurchased, and written-off or the bondholder has exercised the conversion right, the issuer will repay the bonds in full cash on the maturity date according to the nominal amount of the bonds.These convertible corporate bonds comprise liabilities and equity component.

The equity component is presented in equity as a additional paid-in capital - stock warrants. The liability components are the liabilities of embedded derivative financial products and non-derivative financial products. The measured amount of derivative financial liabilities on December 31, 2025 is a gain of NT$23 thousand at fair value cost and non-derivative financial liabilities on December 31, 2025 is NT$0 thousand at amortized cost, and its effective interest rate initially recognized is 0.9994%.

〜 68 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

Issue proceeds (less transaction costs of
NT$3,480 thousand)
Equity Components
Current portion of long-term liabilities (including
payable corporate bonds of NT$951,494
thousand and non-current financial liabilities at
fair value through profit or loss of NT$598
thousand)
Interest calculated at effective interest rate of
0.9994%
Gain on Valuation of Financial Product
Converting Corporate Bonds Payable into
Common Share
The liability components as of December 31, 2025

$ 1,001,520
(49,428)

952,092
18,373
(23)
(970,442)

$ -

To meet the needs of working capital and reinvestment, the Company issued the fifth domestic unsecured convertible corporate bonds on August 16, 2023, the issuance conditions are as follows:
(1) Total issuance: NT$3,000,000 thousand
(2) Face value: NT$100 thousand each
(3) Coupon rate: 0%
(4) Effective interest rate: 1.787%
(5) Book value at issuance: NT$2,844,753 thousand
(6) Term: August 16, 2023~ August 16, 2026
(7) Conversion Period:

Except for the suspension period of conversion, the creditors may at any time request that the convertible corporate bonds held be converted into the common shares of the Company from the following day after three month of issuance date (November 17, 2023) to the expiration date August 16, 2026, in accordance with the regulations on corporate bond conversion. The suspension period of conversion is as follows:

A. During the book closure period, the transfer of common stocks is suspended in accordance with the law.
B. The Company will negotiate with Taipei Exchange on the period from the 15 business days before the book closure date of issuance of bonus shares, the book closure date of cash dividend or the book closure date of the issuance of common shares for cash to the record date of rights distribution.
C. The date of capital reduction is cut off one day before the commencement of capital reduction.
D. Other suspension periods of stock transfer by law.

〜 69 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(8) Conversion Price and Its Adjustment:

The conversion price at the time of initial issuance was set at NT$295. Due to an increase in the number of the Company's issued common shares, the conversion price was adjusted in accordance with Article 12 of the Company's regulations on the domestic issuance and conversion of unsecured convertible corporate bonds. As of December 31, 2025, the conversion price was adjusted to NT$ 273.6.

(9) The Company's Redemption Right:

From the issuance of corporate bonds for 3 months (November 17, 2023) to 40 days before the maturity date (July 7, 2026), if the closing price of the Company’s common stocks exceeds the current conversion price for 30 consecutive business days for up to 30%, or the outstanding balance of the convertible corporate bonds is less than 10% of the original total amount of the issuance, the Company may notify the bondholders in accordance with the regulations of conversion method and call back all the corporate bonds by cash at par value.

A. Redemption upon maturity of bonds:

The equity component is presented in equity as a additional paid-in capital - stock warrants. The liability components are the liabilities of embedded derivative financial products and non-derivative financial products. The measured amount of derivative financial liabilities on December 31, 2025 is a loss of NT$1,497 thousand at fair value cost and non-derivative financial liabilities on December 31, 2025 is NT$2,966,786 thousand at amortized cost, and its effective interest rate initially recognized is 1.787%.

Issue proceeds (less transaction costs of NT$5,550
thousand)
Equity Components
Liability components on the date of issuance (including
corporate bonds payable of NT$2,844,753 thousand
and financial liabilities at fair value through profit or
loss - non-current of NT$1,497 thousand)
Interest calculated at effective interest rate of 1.787%
Loss from financial product evaluation
Converting Corporate Bonds Payable into Common
Share
The liability components as of December 31, 2025

$ 3,009,450
(166,194)

2,843,256
122,321
1,497
(288)

$
2,966,786

〜 70 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

In order to strengthen operational development and plan for the introduction of long-term strategic investment partners, the Company issued its first domestic privately placed unsecured convertible corporate bonds on September 2, 2021. The Board Of Directors resolved on August 26, 2025 to supplement the public offering of the first domestic privately placed unsecured convertible corporate bonds as the Company's sixth domestic unsecured convertible corporate bonds, which commenced trading at securities dealers' business premises on September 30, 2025. The issuance conditions are as follows:
(1) Total issuance: NT$1,500,000 thousand
(2) Face value: NT$100 thousand each
(3) Coupon rate: 0%
(4) Effective interest rate: 0.479%
(5) Book value at issuance: NT$1,464,589 thousand
(6) Term: September 02, 2021- September 02, 2026
(7) Conversion Period:

Except for the suspension period of conversion, the creditors may at any time request that the convertible corporate bonds held be converted into the common shares of the Company from the following day after three-month of issuance date (December 3, 2021) to the expiration date September 2, 2026, in accordance with the regulations on corporate bond conversion. The suspension period of conversion is as follows:

A. During the book closure period, the transfer of common stocks is suspended in accordance with the law.
B. The period from 15 business days before the book closure date of issuance of bonus shares, the book closure date of cash dividend or the book closure date of the issuance of common stocks for cash, to the record date of rights distribution.
C. The date of capital reduction is cut off one day before the commencement of capital reduction.
D. Other suspension periods of stock transfer by law.
(8) Conversion Price and Its Adjustment:

The conversion price at the time of initial issuance was set at NT$220.7. Due to an increase in the number of the Company's issued common shares, the conversion price was adjusted in accordance with Article 11 of the Company's regulations on the domestic issuance and conversion of unsecured convertible corporate bonds. As of December 31, 2025, the conversion price was adjusted to NT$ 182.4.

(9) Redemption rights of creditors:

30 days prior to 3 years after the issuance of corporate bonds (September 2, 2024), bondholders may notify the Company in written based on the regulations of corporate bonds conversion method to request redeem convertible corporate bonds in cash by the carrying amount.

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(10) The Company's Redemption Right:

From the issuance of corporate bonds for 3 years (September 3, 2024) to 40 days before the maturity date (July 24, 2026), if the closing price of the Company’s common stocks exceeds the current conversion price for 30 consecutive business days for up to 30%, or the outstanding balance of the convertible corporate bonds is less than 10% of the original total amount of the issuance, the Company may notify the bondholders in accordance with the regulations of conversion method and call back all the corporate bonds by cash at par value.

(11) Redemption upon maturity of bonds:

Unless the bonds have been redeemed, repurchased, and written-off or the bondholder has exercised the conversion right, the issuing company will repay the bonds in full in cash on the maturity date according to the nominal amount of the bonds.This convertible corporate bonds comprise liabilities and equity component.

The equity component is presented in equity as a additional paid-in capital - stock warrants. The liability components are separately listed as embedded derivative financial instruments and non-derivative liabilities.

Issue Proceeds (Less Transaction Costs of NT$165
thousand)
Equity Components
Liability components on the date of issuance (including
corporate bonds payable of NT$1,464,589 thousand and
financial liabilities at fair value through profit or loss - non-
current of NT$150 thousand)
Interest calculated at effective interest rate of 0.479%
Converting Corporate Bonds Payable into Common Share
The liability components as of December 31, 2025

$ 1,499,835
(35,396)

1,464,439
29,727
(1,494,166)

$
-

The main conditions relating to the issuance of unsecured convertible corporate bonds by the subsidiary are as follows:
(1) Total issuance: NT$2,500,000 thousand
(2) Face value: NT$100 thousand each
(3) Coupon rate: 0%
(4) Effective interest rate: 1.796%
(5) (Term: June 27, 2023- June 27, 2026
(6) Conversion Period: From the day following three months after the issuance date of these convertible corporate bonds, until the maturity date, except during the suspension period stipulated by the conversion regulations or laws, the holders of these convertible corporate bonds may request the subsidiary company to convert the bonds into common shares of the subsidiary company. The rights and obligations of the converted common shares shall be the same as those of the originally issued common shares.

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(7) Conversion Price and Its Adjustment:

The conversion price of this convertible bond is determined according to the prescribed formula in the conversion regulations. If there is a situation where the Company is subject to anti-dilution provisions, the conversion price will be adjusted according to the prescribed formula in the conversion regulations. Subsequently, on the prescribed base date, the conversion price will be redetermined according to the prescribed formula in the regulations. If the new conversion price is higher than the previous conversion price of that year, no adjustment will be made.

(8) Redemption Rights:

A. Redemption at maturity: The subsidiary will redeem the principal in one lump sum upon maturity of the bond issue.
B. Early Redemption: From the day following three months after the issuance of this convertible corporate bond until forty days before the maturity of the issuance period, if the closing price of the subsidiary's common stocks exceeds 30% of the then-effective conversion price for thirty consecutive trading days, or from the day following three months after the issuance of this convertible corporate bond until forty days before the maturity of the issuance period, if the outstanding balance of this convertible corporate bond falls below 10% of the original total issued amount, the subsidiary may redeem all of the bonds at any time thereafter at their face value in cash.
C. According to the conversion method, all subsidiary bonds redeemed, repaid or converted by the convertible bonds will be cancelled, and all rights and obligations attached to the convertible bonds will also be extinguished and no longer issued.

(19) Lease Liabilities

The Consolidated Company’s carrying amount of lease liabilities:

Current Non-Current For maturity analysis, please refer to Note 6(28) Financial Instruments.	2025.12.31 $ 1,721,154 $ 5,580,004	2024.12.31
		1,672,853
		5,556,381

Recognized lease profit/loss is below:

Recognized lease profit/loss is below:
Interest Expense on Lease Liabilities Short-Term Lease Expenses Gain (Loss) on lease modification Recognized lease on the cash flow statement is below: Total Cash Outflow for Lease	2025 $ 290,845 $ 309,900 $ 8,262 2025 $ 2,037,611	2024
		270,777
		421,756
		(18,394)
		2024
		2,396,787

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

The Consolidated Company leases land, buildings and structures, machinery and equipment, office equipment, transportation equipment, and other equipment, with lease terms typically lasting three years. Some leases include an option to extend for a period equal to the original contract term upon expiration.

(20) Provision for Liabilities

Provision for warranty Onerous contract Employee benefits Litigation Others Total Current Non-Current	2025.12.31 $ 431,481 831,051 467,631 182,592 1,033,029 $ 2,945,784 $ 2,352,652 593,132 $ 2,945,784	2024.12.31
		504,638 895,178 461,535 552,782 138,505
		2,552,638
		1,967,893 584,745
		2,552,638

(21) Employee benefits

Defined Benefit Plan

The adjustment between the present value of benefit obligations and the fair value of plan assets determined by the Consolidated Company is as follows:

Present Value of a Defined Benefit Obligation Fair Value of Plan Assets Net Defined Benefit Liability Defined Benefit Asset (Listed as Other Non- Current Assets) Defined Benefit Liability Net Defined Benefit Liability	2025.12.31 2024.12.31
	$ 977,439 955,692 (296,622) (273,157)
	$ 680,817 682,535
	2025.12.31 2024.12.31
	$ (12,534) (10,394) 693,351 692,929
	$ 680,817 682,535

The defined benefit plans of the Consolidated Company and its domestic subsidiaries are deposited in the labor retirement reserve account at Bank of Taiwan. The payment of the employee’s pension is based on the length of service and the average salary of six months before the approved retirement date.

The foreign subsidiaries of the Consolidated Company also provide retirement benefits to employees participating in the retirement plan in accordance with local relevant regulations. When employees meet the conditions (such as reaching retirement age, loss of work capacity, etc.), retirement payment is calculated based on their years of service and salary at the time of resignation or retirement.

〜 74 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(1) Plan asset composition

The Consolidated Company and its domestic subsidiaries contributes the pension fund under the “Labor Standard Act”, which is administered by the Bureau of Labor Funds of the Ministry of Labor. In accordance with the Regulations for Revenues, Expenditures, Safeguard and Utilization of the Labor Retirement Fund, the annual return of the Fund shall not be lower than the average interest rate of a 2-year-term time deposit of local banks. Please visit the website of the Bureau of Labor Funds of the Ministry of Labor for the use of labor retirement fund, including fund return and asset allocation.

The foreign subsidiaries of the Consolidated Company have plan assets comprised of funds managed by relevant government or private institutions in accordance with local regulations.

(2) Changes in the present value of defined benefit obligations

The changes in defined benefit liabilities of the Consolidated Company in 2025 and 2024 are as follows:

Present Value of Defined Benefit Obligations on January 1 Current Service Cost and Interest Remeasurements of the net defined benefit liability (asset) －Actuarial gains and losses arising from changes in demographic assumptions －Actuarial gains (losses) - changes in financial assumptions －Actuarial gains (losses) - experience adjustments Past service cost and gains or losses on settlement Plan participants' contributions Planned Paid Benefits Liabilities Incurred from Corporate Mergers Foreign Plan Conversion Differences Present Value of Defined Benefit Obligations on December 31	2025 $ 955,692 49,786 235 (36,240) (11,885) (5,407) - (23,881) (1,064) 50,203 $ 977,439	2024
		811,353 62,150 (248) (11,525) (4,453) (4,717) (3,294) (29,701) 135,106 1,021
		955,692

〜 75 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(3) Changes in Fair Value of Plan Aassets

The changes in the fair value of defined benefit plan of the Consolidated Company in 2025 and 2024 are as follows:

Fair value of plan assets on January 1 Interest Income Remeasurements of the net defined benefit liability (asset) －Plan asset remuneration (excluding current interest) －Actuarial gains (losses) - changes in financial assumptions －Actuarial gains (losses) - experience adjustments Past service cost and gains or losses on settlement Planned Paid Benefits Assets acquired through business combinations Foreign Plan Conversion Differences Fair Value of Plan Assets on December 31	2025 $ 273,157 4,839 12,921 (1,121) 3,711 (1,550) (9,066) - 13,731 $ 296,622	2024
		200,440 4,176 14,744 27 5,619 (2,464) (9,108) 60,823 (1,100)
		273,157

(4) Expenses recognized as profit or loss

The details of recognized costs of the Consolidated Company in 2025 and 2024 are as follows:

2024 are as follows:
Current Service Cost Net Interest on the Net Defined Benefit Liability Past service cost and settlement gains or losses	2025 2024
	$ 22,524 35,530 22,423 22,444 (3,857) (2,253)
	$ 41,090 55,721

(5) Net remeasurement of defined benefit liabilities recognized in other comprehensive income

The remeasurements of net defined benefit liabilities reported by the Consolidated Company as other comprehensive income were NT$75,601 thousand and NT$7,073 thousand for the years 2025 and 2024, respectively.

〜 76 〜

The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

(6) Actuarial Assumptions

The material actuarial assumptions used by the Consolidated Company to determine the present value if defined benefit obligations as of the reporting date are as follows:

date are as follows:
Discount Rate Increase in Future Salary	2025.12.31 1.45%~7.10% 0.00%~6.00%	2024.12.31
		1.45%~7.10% 0.00%~6.00%

The Consolidated Company is expected to pay NT$24,882 thousand to the defined benefit plan within one year after the reporting date of 2025

The weighted average duration of defined benefit plans is 13 years.

(7) Sensitivity analysis

The effects of changes in the main actuarial assumptions adopted on Dec. 31, 2025 and 2024 on the present value of defined benefit obligations are as follows:

ollows:
December 31, 2025 Discount Rate Increase in Future Salary December 31, 2024 Discount Rate Increase in Future Salary	Effects on Defined Benefit Obligations
	Increased by 0.25% $ (22,051) 9,054 (23,903) 7,747	Decreased by 0.25%
		24,452 (8,222) 25,925 (7,653)

The sensitivity analysis above was based on the analysis of the effects of changes in a single hypothesis with other assumptions unchanged. Changes in many assumptions in practice may be interlinked. Sensitivity analysis is consistent with the method used to calculate the net pension liabilities on the balance sheet.

The methodology and assumptions used in the sensitivity analysis are the same.

2. Defined contribution plans

The Consolidated Company shall contribute the retirement funds of employees to the individual accounts for labor retirement funds of the Bureau of Labor Insurance according to 6% of the monthly salaries of labors under the provisions of Labor Pension Act. Under this plan, after contributing fixed amount to the Bureau of Labor Insurance, the Consolidated Company will not assume the legal or constructive obligations of paying extra amount. The Consolidated Company and its subsidiaries abroad also contribute and pay the relevant statutory institutions according to local laws and regulations.

The retirement pension expenses for the Consolidated Company under the defined contribution retirement pension plan in 2025 and 2024 were NT$335,562 thousand and NT$256,054 thousand, respectively, which have been contributed to the Labor Insurance Bureau or local competent authorities.

〜 77 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(22) Income tax

Income tax expense

The details of the income tax expense of the Consolidated Company are as follows:

Income tax expenses for the period Income tax Adjustment of the income tax in the previous year Deferred income tax expenses Reversal of temporary differences Recognition of previously unrecognized tax losses Others Income Tax Expense	2025 $1,885,157 8,299 1,893,456 118,421 (16,038) (481,419) $1,514,420	2024
		2,148,948 (26,437)
		2,122,511 (315,044) (197,646) -
		1,609,821

The details of income tax expenses (benefits) recognized in other comprehensive income by the Consolidated Company for 2025 and 2024 are as follows:

Remeasurement of Defined Benefit Plan Unrealized gains or losses on equity instrument investments measured at fair value through other comprehensive income Items that May Be Reclassified Subsequently to Profit or Exchange Differences on Translation of Foreign Financial Statements Unrealized gains or losses on debt instrument investments measured at fair value through other comprehensive income	Remeasurement of Defined Benefit Plan Unrealized gains or losses on equity instrument investments measured at fair value through other comprehensive income Items that May Be Reclassified Subsequently to Profit or Exchange Differences on Translation of Foreign Financial Statements Unrealized gains or losses on debt instrument investments measured at fair value through other comprehensive income	2025 $ 17,050 (2,048) $ 15,002 Loss: $ (26,669) (8) $ (26,677)	2024
			642 (2,865)
			(2,223)
			36,711 -
			36,711

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

The details of income tax expenses under recognized other comprehensive profits/losses of the Consolidated Company in 2025 and 2024 are as follows:

Profit before tax Income Tax Calculated at Domestic Tax Rate Amount Affected by Differences in Foreign Tax Rates Non-Deductible Expenses Tax-Exempt Income Tax Incentives Recognition of previously unrecognized tax losses Changes in Unrecognized Temporary Differences Early Under (Over) estimation Surtax on Undistributed Retained Earnings Others Income Tax Expense	2025 2024
	$ 9,908,143 7,633,179
	1,981,629 1,526,636 1,522,739 1,118,858 (272,747) 171,553 (1,658,908) (462,786) - (2,708) (16,038) (197,646) (427,162) (912,364) 8,299 (26,437) 92,015 44,490 284,593 350,225
	$ 1,514,420 1,609,821

Deferred income tax assets and liabilities
(1) Unrecognized deferred income tax liabilities

As for the temporary differences related to investment subsidiaries as of December 31, 2025 and 2024, the Consolidated Company can control the time point of the reversal of the temporary differences and is likely not to reverse in the foreseeable future, so the deferred income tax liabilities are not recognized. Related amounts are:

everse in the foreseeable future, so the deferred ecognized. Related amounts are:	income tax liabilities are not
Summary Amount of Temporary Differences Related to Investment in Subsidiaries	2025.12.31 2024.12.31
	$ 1,997,082 1,541,892

(2) Deferred income tax assets not recognized

The items not recognized as deferred tax assets for the Consolidated Company are as follows:

Company are as follows:
Deductible Temporary Difference Tax Losses Total	2025.12.31 2024.12.31
	$ - 94,838 2,488,496 2,323,930
	$ 2,488,496 2,418,768

According to the Income Tax Law, tax losses refer to the losses from the previous ten years that have been approved by the tax authorities, which can be deducted from the current year's net income before income tax is levied. Those items were not recognized as deferred tax assets because the Consolidated Company is unlikely to have sufficient taxable income in the future to utilize those temporary differences.

〜 79 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

As of December 31, 2025, the tax losses of the Consolidated Company not yet recognized as deferred tax assets, and their expiration periods, are as follows:

Unabsorbed	Unabsorbed	The Final Year to be
Losses		Deducted
$	115,996	2026
	50,930	2027
	132,842	2028
	2,819,153	2029
	112,658	2030
	89,885	2031
	17,837	2032
	11,037	2033
	5,440,592	Indefinite
$	8,790,930

(3) Recognized deferred income tax assets and liabilities

Changes in deferred income tax assets and liabilities:

Deferred income tax liabilities:

Share of Profits or

	Share of Profits or
January 1, 2025 Debit/(credit) income statement Debit/(credit) other comprehensive profit and loss Acquisition through business combinations Reclassification Exchange Differences on Translation of Foreign Financial Statements December 31, 2025 January 1, 2024 Debit/(credit) income statement Debit/(credit) other comprehensive profit and loss Acquisition through business combinations Exchange Differences on Translation of Foreign Financial Statements December 31, 2024	Losses of Associates Accounted for Using the Equity Method Right-of-Use Assets Others Total
	$ 53,361 700,527 (105,733) 648,155 18,435 (195,440) 184,046 7,041 - - 5,803 5,803 - - 1,509 1,509 - 17,271 (384,157) (366,886) (22,709) 18,735 8,088 4,114
	$ 49,087 541,093 (290,444) 299,736
	$ 170,478 230,867 175,005 576,350 (117,117) 251,812 (20,617) 114,078 - - (5) (5) - 203,193 (9,285) 193,908 $ - 14,655 (250,831) (236,176)
	$ 53,361 700,527 (105,733) 648,155

〜 80 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

Deferred income tax assets:

	Inventories Write-	Inventories Write-			Allowance for
	Down	and			doubtful
	Obsolescence		Loss	Lease	accounts	Provision for	Investment
	Losses		carryforward	Liabilities	receivable	Liabilities	tax credits	Others	Total
January 1, 2025	$	426,446	1,772,544	966,027	126,118	489,425	383,321	(1,302,379)	2,861,502
Debit/(credit)
income statement		37,288	345,724	(206,796)	(120,525)	(94,431)	81,750	343,067	386,077
Debit/(credit) other
comprehensive
profit and loss		8	-	-	-	(8,119)	-	25,589	17,478
Acquisition through
business
combinations		-	-	-	-	-	-	(1,518)	(1,518)
Loss of control		-	-	-	-	-	-	(78,165)	(78,165)
Reclassification		10,980	(33)	16,237	96,971	(10,185)	(786)	(480,115)	(366,931)
Exchange
Differences on
Translation of
Foreign Financial			134,63
Statements		(60,722)	4	34,145	93,073	30,685	7,033	(161,494)	77,354
December 31, 2025	$	414,000	2,252,869	809,613	195,637	407,375	471,318	(1,655,015)	2,895,797
January 1, 2024	$	60,991	1,193,973	264,120	244,533	446,318	134,814	(256,373)	2,088,376
Debit/(credit)
income statement		158,215	141,931	367,144	7,150	49,319	236,256	(333,247)	626,768
Debit/(credit) other
comprehensive
profit and loss		65	(2,156)	-	135	4,846	-	(37,383)	(34,493)
Acquisition through
business
combinations		98,623	418,695	251,436	7,619	116,518	2,819	(457,576)	438,134
Exchange
Differences on
Translation of
Foreign Financial
Statements		108,552	20,101	83,327.00	(133,319)	(127,576)	9,432	(217,800)	(257,283)
December 31, 2024	$	426,446	1,772,544	966,027	126,118	489,425	383,321	(1,302,379)	2,861,502

3. Income tax assessments

The income tax returns of the Company, Ennoconn International Investment Co., Ltd., CASwell Inc., and Marketech International Corp. have been examined and cleared by the tax authorities through 2023; the income tax returns of Goldtek Technology Co., Ltd. have been examined and cleared through 2022.

In addition, the Company disagreed with the tax assessments for the years 2015 to 2018 and filed an appeal with the Supreme Administrative Court. However, in February 2024, the final judgment required the Company to pay the relevant taxes. The Company has paid the said taxes in full. Since these taxes had been estimated in previous years' income tax, they do not affect the income tax expense for the current year.

4. The lowest tax burden globally

The consolidated company has applied the exception to recognizing and disclosing deferred tax assets and liabilities related to Pillar Two income taxes, and the current income tax expense recognized in relation to Pillar Two income taxes for fiscal years 2025 and 2024 was NTD 0 thousand. The consolidated company's exposure to Pillar Two income taxes arising from the Pillar Two legislation is described as follows:

〜 81 〜

The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

The consolidated company falls within the scope of the Pillar Two model rules issued by the Organisation for Economic Co-operation and Development. The Pillar Two legislation has been enacted in the European Union, Vietnam, Australia, Canada, the United Kingdom, Turkey, Switzerland, Slovenia, Norway, and North Macedonia, and became effective in fiscal year 2024. The consolidated company has assessed that there are no significant current income tax exposures as of December 31, 2025, and will continue to evaluate the exposures that may arise when Pillar Two legislation takes effect in various jurisdictions.

(23) Capital and other equity

As of December 31, 2025 and 2024, the total authorized share capital of the Company was NT$2,500,000 thousand with a par value of NT$10, with 250,000 thousand shares. The total amount of the above-mentioned share capital is common shares, and the issued shares are 145,886 thousand common shares and 137,537 thousand common shares respectively.

Issuance of common stock

In the year 2025, the Company issued 8,349 thousand new shares at par value totaling NT$83,492 thousand due to the exercise of conversion rights by holders of convertible corporate bonds. The issuance of the aforementioned new shares has completed the statutory registration procedures, and the paid-in capital has been changed to NT$1,458,864 thousand after the issuance.

In the year 2024, the Company issued 5,537 thousand new shares at par value totaling NT$55,373 thousand due to the exercise of conversion rights by holders of convertible corporate bonds. The issuance of the aforementioned new shares has completed the statutory registration procedures, and the paid-in capital has been changed to NT$1,375,372 thousand after the issuance.

Additional Paid-in Capital

The components of the Company's additional paid-in capital are as follows:

Premium of Issued Shares Issuance of New Shares for Other Company’s Shares Premium on Conversion of Convertible Corporate Bonds Share Options for Convertible Corporate Bonds Expired Stock Options Changes in equity of subsidiaries and associates	2025.12.31 2024.12.31 $ 5,036,365 5,039,717 1,372,670 1,372,670 9,853,843 8,383,940 166,177 202,739 385,278 385,278 346,746 279,585 $ 17,161,079$ 15,663,929

In accordance with the Company Act, the additional paid-in capital is required to cover losses first before new shares or cash can be issued in proportion to the shareholders’ original shares. Realized additional paid-in capital referred to in the preceding paragraph includes premiums from the issuance of shares in excess of par value and proceeds from gifts received. In accordance with the Regulations Governing the Issuer’s Offerings and Issuance of Marketable Securities, the aggregate amount of additional paid-in capital that may be capitalized each year shall not exceed 10% of the paid-in capital.

〜 82 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

3. Retained earnings

In accordance with the Company's Articles of Incorporation, the Company shall, after the final settlement of each year's earnings, first complete tax contributions, make up for prior years' deficits and set aside 10% as legal reserve, except when the legal reserve has reached the level of total capital; the Company is required by law to set aside or reverse special reserve. In the case of unappropriated earnings for the same period, the Board of Directors shall put forward a proposal for the distribution of earnings to the shareholders for resolution.

The company's industrial development is in a growth stage, and there are plans to expand production lines and capital needs for the next few years. Therefore, the residual dividend policy is adopted; first, the retained earnings are used to meet the capital needs, and the remaining surplus is paid out in the form of cash dividends. However, the cash dividend shall not be less than ten percent of the total dividend distribution for the year.

(1) Legal Reserve

If the Company has no deficit, it may, by resolution of the shareholders in general meeting, issue new shares or cash out of the legal reserve to the extent that such reserve exceeds 25% of the paid-in capital.

(2) Special Reserve

In accordance with FSC regulations, when distributing the distributable surplus, the Company shall set aside a special surplus reserve for the difference between the net amount of other shareholders' equity deductions occurring in the current year and the balance of the special surplus reserve mentioned in the preceding paragraph. This reserve shall be appropriated from the current year's net income after tax plus other items included in the undistributed earnings for the current period and the undistributed earnings from the previous period. For the accumulated amount of other shareholders' equity deductions from previous periods, a special surplus reserve shall be appropriated from the previous period's undistributed earnings and shall not be distributed. If there is a subsequent reversal in the amount of other decreases in shareholders' equity, the reversal may be distributed in the form of a surplus.

(3) Earnings distribution

The Company approved the profit distribution plans for fiscal years 2024 and 2023 at the Annual General Meetings of Shareholders held on May 29, 2025 and May 31, 2024, respectively. The distributions are as follows:

Distributed to Owners of Common Shares: Cash	2024 2023
	Share Allotment (NT$) Amount Share Allotment (NT$) Amount
	$ 12.20 $1,677,985 11.41 $1,559,072

〜 83 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

At the board meeting held on March 27, 2026, the Company resolved on the distribution of profits for the fiscal year 2025, with the amount of dividends to be distributed to shareholders as follows:

Distributed to Owners of Common Shares: Cash	2025
	Share Allotment(NT$) Amount
	$ 14 $2,042,410

In the aforementioned 2023 earnings distribution proposal, the amount of legal reserve appropriation did not consider the items other than net income after tax in 2023 that should be included in the current year's undistributed earnings. Therefore, the Board of Directors resolved on August 13, 2024, to amend the 2023 earnings distribution proposal, which was subsequently approved by the Shareholders' Meeting on May 29, 2025. This amendment did not affect the amount of cash dividends distributed to common shareholders. Information regarding the above-mentioned earnings distribution can be found on the Market Observation Post System (MOPS).

〜 84 〜

Consolidated Financial Statements (Continued)

The note of Ennoconn Corporation And Subsidiaries

(4) Other equity (net of tax) and non-controlling interests

	Exchange	Exchange
	Differences on		Unrealized Gain or Loss on
	Translation of		Financial Assets at Fair Value	Non-
	Foreign Financial		Through Other	Controlling
	Statements		Comprehensive Income	Interests	Total
Balance as of January 1, 2025	$	(218,910)	(388,479)	29,994,785	29,387,396
Net profit for the period		-	-	5,250,701	5,250,701
Exchange differences on
translating the net assets of
foreign operations		336,220	-	816,362	1,152,582
Share of Associates Accounted
for Using the Equity Method		(2,420)	-	1,355	(1,065)
Unrealized Gain or Loss on
Financial Assets at Fair Value
Through Other Comprehensive
Income		-	(13,614)	(15,392)	(29,006)
Confirm the Benefit Plan
Remeasurement Amount		-	-	39,853	39,853
Subsidiary Shareholder Cash
Dividends		-	-	(1,871,643)	(1,871,643)
Disposal of equity instruments
measured at fair value through
other comprehensive income		-	(32,873)	-	(32,873)
Changes in Ownership
Interests in Subsidiaries		-	-	(131,161)	(131,161)
Non-controlling interests
acquired in a merger		-	-	(359,399)	(359,399)
Loss of control influence
number		-	-	(134,695)	(134,695)
Other Changes		-	-	2,873,230	2,873,230
Balance as of December 31,
2025	$	114,890	(434,966)	36,463,996	36,143,920
Balance as of January 1, 2024	$	(1,081,452)	41,523	27,777,256	26,737,327
Net profit for the period		-	-	3,392,006	3,392,006
Exchange differences on
translating the net assets of
foreign operations		853,969	-	248,206	1,102,175
Share of Associates Accounted
for Using the Equity Method		8,573	728	2,772	12,073
Unrealized Gain or Loss on
Financial Assets at Fair Value
Through Other Comprehensive
Income		-	(458,276)	(64,857)	(523,133)
Confirm the Benefit Plan
Remeasurement Amount		-	-	790	790
Subsidiary Shareholder Cash
Dividends		-	-	(1,701,127)	(1,701,127)
Disposal of equity instruments
measured at fair value through
other comprehensive income		-	27,546	-	27,546
Changes in Ownership
Interests in Subsidiaries		-	-	346,878	346,878
Non-controlling interests
acquired in a merger		-	-	1,022,417	1,022,417
Loss of control influence
number		-	-	(6)	(6)
Other Changes		-	-	(1,029,550)	(1,029,550)
Balance as of December 31,
2024	$	(218,910)	(388,479)	29,994,785	29,387,396

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(24) Earnings per share

The relevant calculations of the Consolidated Company’s basic earnings per share and diluted earnings per share are as follows:

Basic earnings per share
(1) Net profit attributable to the holders of common share equity of the Company

2025 2024	Continuing operations Discontinuing operation Total
	$ 3,193,246 20,068 3,213,314
	$ 2,708,734 31,041 2,739,775

(2) Weighted average outstanding common shares

Weighted average outstanding common shares
Weighted average outstanding common shares	2025 2024
	138,140 136,768

(3) Basic earnings per share

2025 2024	Continuing operations Discontinuing operation Total
	$ 23.12 0.14 23.26
	$ 19.81 0.22 20.03

Diluted earnings per share
(1) Net profit attributable to the holders of common share equity of the Company

2025 Net profit attributable to common shareholders of the Company (basic) After tax interest expenses and financial evaluation gains and losses of convertible corporate bonds 2024 Net profit attributable to common shareholders of the Company (basic) After tax interest expenses and financial evaluation gains and losses of convertible corporate bonds	Continuing operations Discontinuing operation Total
	$ 3,193,246 20,068 3,213,314 49,302 - 49,302
	$ 3,242,548 20,068 3,262,616
	$ 2,708,734 31,041 2,739,775 46,196 - 46,196
	$ 2,754,930 31,041 2,785,971

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(2) Weighted average outstanding common shares

Weighted average outstanding common shares
	2025	2024
Weighted average number of outstanding common	138,140	136,768
shares (basic)
Effect of Conversion of Convertible Corporate Bonds	18,710	18,690
Effect of Employee Remuneration	459	383
Weighted average outstanding common shares (diluted)	157,309	155,841

(3) Diluted earnings per share

2025 2024	Continuing operations Discontinuing operation Total $ 20.61 0.13 20.74 $ 17.68 0.20 17.88

(25) Contract Revenue
Income Statement

The income details of the Consolidated Company are as follows:

Revenue from sales of goods
Service revenue
Engineering service revenue
Balance of contracts
Notes and Accounts Receivable
Less: Allowance for Loss
Total
Contract Asset - Construction Contracts
Contract Asset - Sales Contracts
Contract Asset - Service Contracts
Total
Contract Liabilities - construction contracts
Contract Liabilities‑Sales Contracts
Contract Liabilities - Service Contracts
Extended warranty service
Total
Current
Non-Current

2025
2024
$ 105,994,165
101,982,765
6,177,992
4,817,192
30,117,512
39,583,763
$ 142,289,669
146,383,720
2025.12.31
2024.12.31
$ 25,556,368
23,710,260
1,785,584
1,523,904
$
23,770,784
22,186,356
$ 10,813,832
10,180,252
1,961,713
1,130,829
1,447,340
1,794,888
$
14,222,885
13,105,969
2025.12.31
2024.12.31
$ 11,927,820
8,961,655
9,761,062
4,090,527
1,821,259
2,061,440
694,114
364,748
$
24,204,255
15,478,370
$ 23,476,209
15,285,228
728,046
193,142
$
24,204,255
15,478,370

Balance of contracts

For disclosures related to notes receivable and accounts receivable and their impairment, please refer to Note 6(4).

〜 87 〜

The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

(26) Compensation of Employees, Directors and Supervisors:

On May 29, 2025, the Shareholders' Meeting resolved to amend the Company's Articles of Incorporation. According to the amended Articles, if the Company has profits for the year, no less than 2% shall be allocated as employee compensation, of which no less than 10% of the total employee compensation shall be allocated to base-level employees. The Board of Directors shall resolve whether to distribute such compensation in the form of stock or cash, and the relevant procedures shall be authorized by the Board of Directors. The Company may, from the aforementioned profit amount, allocate no more than 2% as Directors' compensation by resolution of the Board of Directors. Before the amendment, the Company's Articles of Incorporation provided that if there is profit for the year, the Company shall allocate no less than 2% of the Company's annual profits shall be appropriated to the compensation of employees and no more than 2% to the compensation of directors and supervisors. However, where the Company has accumulated losses, the Company shall first reserve certain amount of the profit to recover the losses. Parties eligible to receive the said compensation in the form of stock or cash shall include employees in the controlling and associates who met certain conditions.

For the years 2025 and 2024, the Company estimated employee compensation at NT$105,000 thousand and NT$90,200 thousand respectively, and directors' and supervisors' compensation at NT$6,000 thousand. These amounts were calculated based on the Company's profit before tax for these periods, before deducting employee, director, and supervisor compensation, multiplied by the distribution percentages specified in the Articles of Incorporation, and were recorded as operating costs or operating expenses for the respective periods. If there is a difference between the actual amount distributed and the estimated amount in the following year, it will be treated as a change in accounting estimate, and the difference will be recognized as profit or loss for the following year. There was no difference between the amount approved by the board of directors for employees and directors’ remuneration and the amount estimated in the financial statements for the year 2025 and 2024 The related information is available on the Market Observation Post System (MOPS).

(27) Total Non-Operating Income and Expenses
Other Income

The details of other income from the Consolidated Company are as follows:

Rent Revenue/Income Dividend Revenue	2025 2024
	$ 22,064 16,567 53,189 52,276
	$ 75,253 68,843

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

2. Other Gains and Losses

The other benefits and losses of the Consolidated Company are detailed as follows:

follows:
		2025	2024
Losses on Disposals of Property, Plant and Equipment	$	(1,852)	(86,266)
Gains on Disposal of Subsidiary (Note 6(10))		2,857,650	197,861
Gains (Losses) on Foreign Exchange		(144,587)	515,926
Net Benefits on Financial Assets and Liabilities		1,761,923	351,448
Supplemental Income		91,262	90,020
Gain on bargain purchase - Acquisition of subsidiaries		-	204,756
(Note 6(8))
Profit from discontinued operations (Note 12(2))		70,292	100,515
Others		502,866	815,606
		5,137,554	2,189,866
Less: Other Income From Discontinued Operations		70,292	100,515
	$	5,067,262	2,089,351

3. Financial Cost

The detailed financial costs of the Consolidated Company are as follows:

Interest on Bank Loans Interest on Lease Liabilities Accrued Interest on Corporate Bonds Payable Other interest	2025 2024
	$ 1,057,818 1,284,877 290,845 270,777 83,466 103,081 - 392
	$ 1,432,129 1,659,127

(28) Financial instruments

1. Credit risk

(1) Amount of maximum exposure to credit risk

The carrying amount of a financial asset represents the maximum amount of credit risk.

(2) Credit risk Situation

As the Consolidated Company has a large customer base, does not significantly concentrate transactions with a single customer, and the sales areas are distributed widely, there is no risk of significant concentration of credit risk of accounts receivable. To reduce credit risk, the policies adopted by the Consolidated Company are to trade only with well-reputed counterparties, the Consolidated Company regularly and continuously evaluates the financial status of customers, and obtain sufficient guarantee if necessary, so as to reduce the risk of financial losses caused by default.

For information on the credit risk exposure of notes and accounts receivable, please refer to Note 6(4)

Other Financial Assets at Amortized Cost, Including Other Account Receivables and Certificates of Deposit.

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

2. Liquidity risk

The following table shows the contractual maturities of financial liabilities, including estimated interest.

		Contractual cash	Within 6		More than
	Carrying Amount	flows	months	6‑12 Month	1year
December 31, 2025
Non-Derivative
Financial Liabilities
Non-Interest
Bearing Liabilities	$ 31,607,800	31,607,800	31,607,800	-	-
Lease Liabilities	7,301,158	7,891,405	1,238,469	835,363	5,817,573
Floating Rate
Instruments	26,947,893	27,128,490	14,550,296	2,730,123	9,848,071
Instruments with
Fixed Interest Rates	3,191,833	3,193,786	2,966,786	227,000	-
	$ 69,048,684	69,821,481	50,363,351	3,792,48615,665,644
December 31, 2024
Non-Derivative
Financial Liabilities
Non-Interest
Bearing Liabilities	$ 29,324,588	29,324,588	29,324,588	-	-
Lease Liabilities	7,229,234	7,774,656	858,094	856,148	6,060,414
Floating Rate
Instruments	27,430,777	27,466,476	13,203,061	3,237,40111,026,014
Instruments with
Fixed Interest Rates	6,860,500	6,925,731	-	-	6,925,731
	$ 70,845,099	71,491,451	43,385,743	4,093,54924,012,159

The Consolidated Company does not expect the cash flows included in the maturity analysis to occur significantly earlier or at significant different amounts.

3. Market risk

(1) Exchange Rate Risks

The Consolidated Company’s financial assets and liabilities exposed to significant foreign currency exchange rate risk are as follows:

Financial Asset Monetary Items USD: NTD USD: EUR USD : RMB Financial Liability Monetary Items USD: NTD USD: EUR USD : RMB	2025.12.31
	Foreign Currency Exchange Rate NT$
	339,804 31.43 10,680,040 287,497 0.8518 9,036,439 9,244 6.9844 290,537 116,846 31.43 3,672,470 140,254 0.8518 4,408,382 13,926 6.9844 437,691

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

Financial Asset Monetary Items USD: NTD USD: EUR USD : RMB Financial Liability Monetary Items USD: NTD USD: EUR USD : RMB	2024.12.31
	Foreign Currency Exchange Rate NT$
	392,449 32.79 12,868,403 143,235 0.9605 4,696,886 20,044 7.3192 657,243 275,695 32.79 9,040,039 108,257 0.9605 3,549,906 11,991 7.3192 393,185

Note: The exchange rates of the Euro and RMB EUR : NTD RMB : NTD	against NT$ are as follows: 2025.12.31 2024.12.31
	36.90 34.14 4.50 4.48

The foreign exchange risk of the Consolidated Company's monetary items mainly arises from cash and cash equivalents, accounts receivable and other receivables, borrowings, accounts payable and other payables denominated in foreign currencies, which generate foreign exchange gains or losses upon translation. As of December 31, 2025 and 2024, if NTD had depreciated or appreciated by 1% relative to USD held by the Company and all other factors remained constant, the net income before tax for the years 2025 and 2024 would have increased or deceased by NT$114,885 thousand and NT$52,528 thousand. The same basis is used for both periods of analysis.

As the Consolidated Company's operations involve several foreign currencies, the exchange gains and losses of monetary items are disclosed in an aggregated manner. For the realized and unrealized foreign exchange gains and losses for the years 2025 and 2024, please refer to Note 6(27).

(2) Interest Rate Risk

The details of the Consolidated Company’s financial assets and financial liabilities exposed to interest rate risks are described in the liquidity risk management of this note.

The following sensitivity analysis is determined by the interest rate exposure of derivative and non-derivative instruments on the reporting date. For floating rate liabilities, the analysis method assumes that the amount of liabilities outstanding on the reporting date is outstanding throughout the year. The rate of change used by the Consolidated Company when reporting interest rates to key management personnel is 1% increase or decrease in interest rates, which also represents the management’s assessment of the reasonable range of possible changes in interest rates.

If the interest rate increases or decreases by 1%, assuming all other variables remain constant, the Consolidated Company's pre-tax net profit for 2025 and 2023 will increase or decrease by NT$269,479 thousand and NT$274,308 thousand, respectively, mainly due to the Consolidated Company's variablerate borrowings.

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(3) Other price risk

If the equity securities prices had changed on the reporting date (the analysis for the two periods is performed on the same basis, and assuming that all other variables remained constant), the impact on profit or loss would have been as follows:

Securities Price as of the Reporting Date	2025		2024
	Other comprehensive income before tax	Profit (Loss) before Tax	Other comprehensive income before tax	Profit (Loss) before Tax
Increased by 1% Decreased by 1%	$ 8,323	40,390	11,639	23,413
	$ (8,323)	(40,390)	(11,639)	(23,413)

Fair value information
(1) Classification and fair value of financial instruments

Financial assets and liabilities measured at fair value through profit or loss and financial assets measured at fair value through other comprehensive income for the Consolidated Company are measured at fair value on a recurring basis. Regarding non-FVPL financial assets and liabilities, the Consolidated Company considers their carrying amounts to be equal to or approximating their fair values, or their fair values cannot be reliably measured. The carrying amounts and fair value hierarchy information of financial assets and liabilities measured at fair value through profit or loss are presented as follows:

Financial Assets Measured at Fair Value through Profit or Loss - non- derivative financial assets - Listed Stocks - Unlisted and Emerging Stocks - Limited Partnership - Private Equity Fund - Convertible Corporate Bonds Subtotal Financial assets measured at fair value through other comprehensive income - Listed Stocks - Unlisted and Emerging Stocks - Limited Partnership Subtotal Total		2025.12.31
	Carrying Amount	Fair Value
		Level 1 Level 2 Level 3 Total
	$ 1,336,001 1,336,001 - - 1,336,001 2,179,968 - - 2,179,968 2,179,968 259,092 - - 259,092 259,092 161,135 - - 161,135 161,135 102,823 - - 102,823 102,823
	4,039,019 1,336,001 - 2,703,018 4,039,019
	$ 291,815 291,815 - - 291,815 273,111 - - 273,111 273,111 267,419 - - 267,419 267,419
	832,345 291,815 - 540,530 832,345
	$ 4,871,364 1,627,816 - 3,243,548 4,871,364

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

2024.12.31

2024.12.31		2024.12.31
Fair Value Carrying Amount Level 1 Level 2 Level 3 Total Financial Assets at Fair Value Through Profit or Loss - derivative financial assets - Redemption Right for Convertible Corporate Bond $ 4,690 - - 4,690 4,690 Non-Derivative Financial Assets - Listed Stocks 499,113 499,113 - - 499,113 - Unlisted and Emerging Stocks 1,438,364 - - 1,438,364 1,438,364 - Limited Partnership 259,561 - - 259,561 259,561 - Private Equity Fund 144,300 - - 144,300 144,300 Subtotal 2,346,028 499,113 - 1,846,915 2,346,028 Financial assets measured at fair value through other comprehensive income - Listed Stocks $ 381,616 381,616 - - 381,616 - Unlisted and Emerging Stocks 289,411 - - 289,411 289,411 - Limited Partnership 492,913 - - 492,913 492,913 Subtotal 1,163,940 381,616 - 782,324 1,163,940 Total $ 3,509,968 880,729 - 2,629,239 3,509,968	Carrying Amount	Fair Value
		Level 1 Level 2 Level 3 Total
	2,346,028 499,113 - 1,846,915 2,346,028
	$ 381,616 381,616 - - 381,616 289,411 - - 289,411 289,411 492,913 - - 492,913 492,913
	1,163,940 381,616 - 782,324 1,163,940
	$ 3,509,968 880,729 - 2,629,239 3,509,968

(2) Fair value measurement techniques for financial instruments not measured at fair value

The methods and assumptions used by the Consolidated Company for instruments not measured at fair value are estimated as follows:

For financial assets and liabilities measured at amortized cost, if there are quoted prices in an active market, the most recent quoted prices and market quotes are used as the basis for evaluating fair value. When there are no market prices available for reference, an evaluation method is adopted to estimate the value. The valuation methodology used in estimating the fair value of discounted cash flows involves estimations and assumptions made on the discounted cash flows.

(3) Fair value measurement techniques for financial instruments at fair value
A. Non-derivative financial instruments

When financial instruments have publicly quoted prices in an active market, their fair value is the publicly quoted price in the active market. The fair value of listed (OTC) equity instruments and debt instruments with active market quoted prices is based on the market prices announced by the main exchanges and the over-the-counter market, which are considered popular securities by the central government bond dealers.

If an entity is able to obtain quoted prices for the financial instrument from an exchange, broker, underwriter, industry association, pricing service, or regulatory agency on a timely and recurring basis, and those prices represent actual and regularly occurring market transactions on an arm's length basis, then the financial instrument is regarded as having an active market quoted price. If the above conditions are not met, then the market is considered to be inactive. In general, a significant bid-ask spread, a notable increase in the bid-ask spread, or very low trading volume are indicators of an illiquid market.

〜 93 〜

The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

For the financial instruments held by the Consolidated Company that have an active market, their fair values by category and nature are listed as follows:

Listed redeemable corporate bonds, listed (over-the-counter) company stocks, bills of exchange and corporate bonds, etc. are financial assets and financial liabilities with standard terms and conditions and traded in active markets, and their fair values are determined with reference to market quotes, respectively.

For financial instruments other than those with active markets as described above, their fair values are obtained through valuation techniques or by reference to counterparty quotes. The fair value obtained through valuation techniques can refer to the current fair value of other financial instruments that are substantially similar in terms and characteristics, the present value technique of discounted cash flows, or other valuation techniques, including model calculations using market information available at the consolidated reporting date (e.g., OTC reference yield curves, Reuters commercial paper rate average quotes).

For financial instruments held by the Consolidated Company that are not traded in an active market, please refer to section (5) for details on how their fair value is determined.

B. Derivative financial instruments

It is evaluated based on the evaluation model widely accepted by market players, such as discount method and option pricing model. Forward foreign exchange contracts are typically valued based on the current forward exchange rate. Structured interest rate derivative financial instruments are priced based on appropriate option pricing models (such as the Black-Scholes model) or other valuation methods, such as Monte Carlo simulation.

(4) Translation between the first and second grades

There were no transfers in 2025 and 2024.

(5) Quantitative Information on Fair Value Measurement of Significant Unobservable Inputs (Level 3)

The fair value measurements categorized within Level 3 of the Consolidated Company mainly include financial assets at fair value through profit or loss - equity securities investments, limited partnership, private equity fund investments, convertible corporate bonds, and financial assets at fair value through other comprehensive income - equity securities investments.

For the Consolidated Company, most of the fair values are categorized as Level 3, since the fair values only have single significant unobservable input value.As for investments in equity instruments without an active market, the fair values could be classified as multiple significant unobservable input values. There is no interrelationship for significant unobservable inputs of equity investments without an active market as they are independent of each other.

〜 94 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

The quantitative information of significant unobservable inputs is listed as follows:

follows:
			Significant unobservable
	Valuation	Significant	inputs and their
Item	Technique	unobservable input	relationship to fair value
Investments in	Comparable	Discount due to lack	The higher the lack of
equity instruments	method	of market liquidity	marketability discount, the
without an active		(20-25% as of	lower the fair value.
market		December 31, 2025
		and 2024)
Financial assets at	Net Asset	Net Asset Value	The higher the net asset
fair value through	Value		value, the higher the fair
profit or loss -	Method		value.
investment in
private equity
funds
Financial liabilities	Discounted	Long-term revenue	The higher the weighted
at fair value	Cash Flow	growth rate, weighted	average cost of capital, the
through profit or	Method	average cost of	lower the fair value; the
loss - convertible		capital, long-term	higher the long-term revenue
corporate bonds		pre-tax operating net	growth rate and long-term
		profit, lack of	pre-tax operating profit, the
		marketability	higher the fair value; the
		discount.	higher the lack of
			marketability discount, the
			lower the fair value.
Hybrid Instrument	Binomial	Volatility	The higher the stock price
- Call and Put	Tree		volatility, the higher the fair
Options of	Valuation		value.
Convertible	Model
Corporate Bonds

(29) Financial risk management

Overview

The Consolidated Company is exposed to the following risks the use of financial instruments:

(1) Credit risk
(2) Liquidity risk
(3) Market risk

This note discloses the Consolidated Company's exposure to the aforementioned risks, as well as the Consolidated Company's objectives, policies, and procedures for measuring and managing risks. Further quantitative disclosure is available in the respective notes to the consolidated financial statements.

Risk management structure

The Board of Directors has overall responsibility for establishing and overseeing the Consolidated Company's risk management framework. The financial management department of the Consolidated Company provides services to each business unit, coordinates access to domestic and international financial markets, and supervises and manages the financial risks related to the operations of the Consolidated Company by analyzing exposures by degree and magnitude of risks. The Consolidated Company must comply with the relevant financial operation

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

procedures on overall financial risk management and segregation of duties. Internal auditors continuously review policy compliance and exposure limits, and regularly report to the Board of Directors on the operation.

3. Credit risk

Credit risk is the risk of financial loss arising from the failure of the Consolidated Company’s customers or trading partners to fulfill their contractual obligations, mainly from the Consolidated Company’s accounts receivable from customers and investments in securities.

(1) Accounts receivable and other receivables

The policy adopted by the Consolidated Company is to conduct transactions only with counterparties of good credit rating, and where necessary, to obtain collateral to mitigate the risk of financial loss caused by defaults. The Consolidated Company will only conduct transactions with companies rated equivalent to investment grade. Such information is provided by independent rating agencies; if such information is not available, the Consolidated Company will use other publicly available financial information and transaction records to rate major customers. The Consolidated Company continues to monitor credit exposure and the credit ratings of counterparties, and distributes the total transaction amount among qualified clients across various credit ratings. Credit exposure is controlled through counterparty credit limits reviewed and approved annually by the Risk Management Committee.

The Consolidated Company does not hold any collateral or other credit enhancement to avoid the credit risk of financial assets.

(2) Investment

The credit risk of bank deposits, fixed income investments and other financial instruments is measured and monitored by the financial department of the Company. Due to the fact that the counterparties and obligors in the company's transactions are creditworthy banks and corporate organizations, there is no significant doubt about their performance, and thus no significant credit risk.

(3) Guarantee

The Consolidated Company Policy stipulates that financial guarantees can only be provided to wholly-owned subsidiaries. As of December 31, 2025 and 2024, the details of the endorsements and guarantees provided by the Consolidated Company are disclosed in Note 7

4. Liquidity risk

Liquidity risk refers to the risk that the Consolidated Company is unable to deliver cash or other financial assets to pay off financial liabilities and fails to perform relevant obligations. The Consolidated Company's method of managing liquidity is to ensure, as far as possible, that the Consolidated Company always has sufficient liquidity to meet its liabilities when due, under both normal and stressed conditions, without incurring unacceptable losses or risking damage to the Consolidated Company's reputation.

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The note of Ennoconn Corporation And Subsidiaries Consolidated Financial Statements (Continued)

5. Market risk

Market risk refers to the risk arisen from market price changes, such as exchange rate, interest rate and equity instrument price changes, which will affect the Consolidated Company’s income or the value of financial instruments held. The market risk management aims to control the market risk within an acceptable level and optimize the return on investment.

The Consolidated Company engages in derivative transactions to manage market risk, which results in financial liabilities. All transactions are executed in accordance with the risk management policies.

(1) Exchange Rate Risks

The Consolidated Company is exposed to foreign currency risk arising from sales, purchases and borrowings that are denominated in a currency other than the functional currency of the group entities. The functional currency of the group entities is primarily New Taiwan dollars, with some entities using Euros, USD, and RMB. These transactions are traded in NTD, Euro, USA and RMB.

The Company holds accounts receivable denominated in foreign currencies other than the functional currency, and the exchange gains or losses arising from exchange rate fluctuations are offset by the exchange gains or losses of short-term borrowings denominated in foreign currencies. Therefore, the risk exposed to the Company is reduced due to exchange rate.

The Company keeps abreast of changes in exchange rates at all times, takes a stable and conservative exchange rate as the basis for quotation, carefully considers the changes of current and future exchange rates, and uses hedging instruments in a timely manner such as forward foreign exchange to avoid the impact of exchange rate changes.

(2) Interest Rate Risks

The company holds assets and liabilities with floating interest rates and exposes to cash flow interest rate. The details of the company’s financial assets and financial liabilities with floating interest rates are described in the liquidity risk management of this note.

(30) Capital Management

Based on the current operational industry characteristics and the Consolidated Company's future development situation, as well as considering factors such as changes in the external environment, the Consolidated Company plans the operating capital and dividend expenditures needed for the future period to ensure the Consolidated Company's continued operation and maintain an optimal capital structure, in order to maximize shareholder returns and enhance shareholder value in the long run. To maintain or adjust the capital structure, the Consolidated Company may adjust the amount of dividends paid to shareholders or issue new shares. In addition, the Consolidated Company is not required to comply with other external capital requirements.

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The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(31) Investment and Financing Activities of Non-Cash Transactions

For the years 2025 and 2024, the reconciliation of liabilities arising from financing activities for the consolidated company is as follows:

Convertible corporate bonds convert into common stock, please refer to Note 6(23)

Lease Liabilities Corporate Bonds Payable Total liabilities from financing activities Lease Liabilities Corporate Bonds Payable Total liabilities from financing activities	2025.1.1 Cash flows	Non-cash changes Changes in Foreign Exchange Rates Other non- cash changes 2025.12.31
	$ 7,229,234 (1,436,866) 215,598 1,293,192 7,301,158 6,860,500 - - (3,668,667)3,191,833
	$ 14,089,734 (1,436,866) 215,598 (2,375,475) 10,492,991
	2024.01.01 Cash flows	Non-cash changes Changes in Foreign Exchange Rates Other non- cash changes 2024.12.31
	$ 5,338,508 (1,704,254) 129,706 3,465,274 7,229,234 7,876,303 (300) - (1,015,503)6,860,500
	$ 13,214,811 (1,704,554) 129,706 2,449,771 14,089,734

7. Related party transaction

(1) Name and relationship of related party

The related parties that had transactions with the Consolidated Company during the coverage period of these consolidated financial statements are as follows:

	Relationship with the
Name of relatedparty	Consolidated Company
ARBOR SOLUTION, INC.	Associate
Competition Team Ireland Limited	Associate
FOXCONN CZ s.r.o.	Associate
Foxconn Hon Hai Technology India Mega	Associate
Development
Foxconn Interconnect Technology Limited	Associate
Foxconn Singapore Pte Ltd	Associate
Radisen Co., Ltd.	Associate
SafeDX s.r.o.	Associate
TA YONG WINDOWS & DOORS COMPANY LIMITED	Associate
Triple Win Technology (Shenzhen) Co., Ltd.	Associate
Macrotec Technology (Shanghai) Co. Ltd.	Associate
Chung Hsin Electric & Machinery Manufacturing Corp.	Associate (Note 2)
Taiyuan Fuchi Technology Co., Ltd.	Associate
Jusda International Logistics (Taiwan) Co., Ltd.	Associate
Everlasting Digital ESG Co., Ltd.	Associate (Note 1)
Macrotec Technology Corp.	Associate
Premier Image Technology (China) Ltd.	Associate

〜 98 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

	Relationship with the
Name of relatedparty	Consolidated Company
Qisda Corporation	Associate
Moai Green Power Corporation	Associate
E-Win Investment Corp.	Associate
Kunshan Fuchengke Precision Electronical Co.,Ltd.	Associate
Henan Fuchi Technology Co., Ltd.	Associate
Henan Yuzhan Technology Limited	Associate
Fortune International Corporation	Associate
Glory Technology Service Inc.	Associate
Chongqing Hongteng Technology Co., Ltd.	Associate
Hong Kong Ennopower Information Technology Co.,	Associate
Limited
Triple Win Technology (Jincheng) Co., Ltd.	Associate
Jincheng Futaihua Precision Electronic Co., Ltd.	Associate
Suzhou Huake Visual Technology Co., Ltd.	Associate
Guoqi Zhiduan (Chengdu) Technology Co., Ltd.	Associate
Kangzhun Electronic Technology (Kunshan) Co., Ltd.	Associate
Shenzhen Fertile Plan International Logistics Co., Ltd.	Associate
Shen Zhen Fu Neng New Energy Technology Co.,	Associate
Ltd.Shenzhen Xiangxing Technology Co., Ltd.
Shenzhen Fu Rong Inclusive Finance Co., Ltd.	Associate
Shenzhen Fuhongjie Technology Service Co., Ltd.	Associate
Shenzhen Hyper Power Information Technology Co.,	Associate
Ltd.
Shenzhen Futaihong Precision Industry Co., Ltd.	Associate
Foxconn Industrial Internet	Associate
Foxconn Technology Group Ltd.	Associate
Foxconn Precision Electronics (Taiyuan) Co., Ltd.	Associate
Fujin Precision Industrial (Jincheng) Co., Ltd.	Associate
Futaijie Science & Technology Development	Associate
(Shenzhen) Co., Ltd.
Futaihua Industrial (Shenzhen) Co., Ltd.	Associate
Futaihua Precision Industry (Weihai) Co., Ltd.	Associate
FIH (Hong Kong) Ltd.	Associate
Fuxiang Precision Industrial (Kunshan) Co., Ltd.	Associate
Fuding Electronic Technology (Jiashan) Co., Ltd.	Associate
Fulien Technology (Shanxi) Co., Ltd.	Associate
Fulien Technology (Zhoukou) Co., Ltd.	Associate
Fulien Technology (Wuhan) Co., Ltd.	Associate
Fulien Technology (Jincheng) Co., Ltd.	Associate
Fulien Technology (Jiyuan) Co., Ltd.	Associate
Fulien Technology (Lankao) Co., Ltd.	Associate
Fulien Technology (Hebi) Co., Ltd.	Associate
Yuzhan Precision Technology (Henan) Co., Ltd.	Associate

〜 99 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

	Relationship with the
Name of relatedparty	Consolidated Company
Shenzhen Yuzhan Precision Technology Co.,Ltd.	Associate
Hengyang Yuzhan Precision Technology Co., Ltd.	Associate
Shenzhen Yukang Precision Technology Co.,Ltd.	Associate
Fulien Precision Technology (Ganzhou) Co., Ltd.	Associate
Fulien Precision Electronics (Tianjin) Co., Ltd.	Associate
Fulien Precision Electronics (Guiyang) Co., Ltd.	Associate
Fulien Precision Electronics (Zhengzhou) Co., Ltd.	Associate
Foxconn Global Network	Associate
Altus Technology Inc.	Associate
Chiun Mai Communication Systems, Inc.	Associate
Refront Information Technology Corp.	Associate (Note 3)
Coiler Corporation	Associate
Ur Material Technology (Guangzhou) Co., Ltd.	Associate
Definitely Win Corporation	Associate
AMobile Solutions Corp.	Associate
ARBOR Technology Corporation	Associate
ARBOR Technology (Shenzheng) Co., Ltd.	Associate
Forward Science Corp.	Associate
Ennowell Co., Ltd.	Associate
Hengyang Futaihong Precision Industry Co., Ltd.	Associate
Probeleader Co., Ltd.	Associate
Scienbizip Consulting (Shen Zhen) Co., Ltd.	Associate
MAVIEX (Suzhou) Technology Co., Ltd.	Associate
Hongzhun Precision Tooling (Kunshan) Co., Ltd.	Associate
Hon Hai Precision Industry Co., Ltd.	Associate
Hongfujin Precision Industry (Wuhan) Co., Ltd.	Associate
Hongfujin Precision Electronics (Chengdu) Co., Ltd.	Associate
Honfujin Precision Electronics (Chongqing) Co., Ltd.	Associate
Hongfujin Precision Electronics (Yantai) Co., Ltd.	Associate
Hongfujin Precision Electronics (Zhenzhou) Co., Ltd.	Associate
Hongtu Company Ltd.	Associate
Hon-Ling Technology Co., Ltd.	Associate
Fortune Electric Co., Ltd.	Associate
Lankao Yufu Precision Technology Co., Ltd.	Associate
	All Directors and Key
Key Management Personnel	Management Personnel of
	the Company

Note 1: Everlasting Digital ESG Co., Ltd. is no longer a related party of the Company from August 2024 onwards.

Note 2: Chung Hsin Electric & Machinery Manufacturing Corp. is no longer a related party of the Company from August 2024 onwards.
Note 3: Refront IoMT Corp. is no longer a related party of the Company from August 2024 onwards.

〜 100 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(2) Significant transactions with related parties
Operating revenue

The Consolidated Company has the following major sales with related parties:

Recorded under Category of relatedparty/Name	2025 2024
Sales revenue Associate: ARBOR Technology Corporation Hon Hai Precision Industry Co., Ltd. Others Subtotal Engineering service revenue Associate: Altus Technology Inc. Hon Hai Precision Industry Co., Ltd. Others Subtotal Total	$ 193,701 19,741 683 24,356 162,490 183,246
	356,874 227,343
	212,378 1,032,845 371,298 25,615 12,930 23,201
	596,606 1,081,661
	$ 953,480 1,309,004

The sales transaction price of the Consolidated Company to the related parties is determined according to the agreement of both parties, and the collection policy is the payment term of 2 months.

Purchases

The purchase amounts from related parties for the Consolidated Company are as follows:

follows:
Category of related party/Name	2025 2024
Associates: Foxconn Technology Group Ltd. Glory Technology Service Inc. Coiler Corporation ARBOR Technology Corporation Fortune Electric Co., Ltd. Others	$ 98,242 118,341 96,823 2,125 66,290 21,142 72,282 76,098 87,348 84,054 201,135 169,734
	$ 622,120 471,494

The sales transaction price of the Consolidated Company to the related parties according to the agreement of both parties, and the payment policy is 1-2 months of monthly settlement.

〜 101 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

3. Overdue receivables from related parties

Details of accounts receivable from related parties of the Consolidated Company are as follows:

are as follows:
Recorded under Category of related party/Name	2025.12.31 2024.12.31
Accounts Receivable – Related Parties Associates: Foxconn Industrial Internet ARBOR Technology Corporation Hon Hai Precision Industry Co., Ltd. Definitely Win Corporation Others	$ 11,396 7,797 33,912 6,341 4,927 21,731 25 12,837 33,701 29,453 $ 83,961 78,159

The outstanding receivables from related parties have not been secured. The allowance for doubtful accounts from related parties as of December 31, 2025 and 2024 was NT$12 thousand and NT$8,523 thousand, respectively.

Payables to related parties

Details of the amounts payable to related parties from the Consolidated Company are as follows:

Recorded under Category of related party/Name Accounts payable – related parties Associates: Macrotec Technology Corp. Coiler Corporation Foxconn Technology Group Ltd. Others Notes Payable – related parties Associates: Glory Technology Service Inc. Macrotec Technology Corp. Others	2025.12.31 2024.12.31
	$ 13,433 10,110 25,800 7,881 10,077 27,796 26,976 37,206
	76,286 82,993
	$ 79,584 2,231 1,543 4,585 - 2,192 $ 81,127 9,008

The balance of the outstanding payables to related parties is not guaranteed and will be settled in cash.

Endorsements/guarantees

will be settled in cash. Endorsements/guarantees
Name of related party	2025 2024
Kontron AG and subsidiaries Marketech and subsidiaries Ennoconn Japan Co., Ltd.	$ 13,698,034 5,291,423 3,483,042 5,830,965 - 150,000
	$ 17,181,076 11,272,388

〜 102 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(3) Transactions with key management personnel

Transactions with key management personnel
Remuneration for major managers include: Short-term employee benefits Post-employment benefits	2025 2024
	$ 536,338 438,171 2,740 2,546
	$ 539,078 440,717

8. Assets pledged as security

The carrying value of the assets pledged as collateral by the Consolidated Company are as follows:

Assets pledged as security
The carrying value of the assets pledged as collateral by the Consolidated Company are as
follows:

Name of asset
**Subject of pledge guarantee 2025.12.31 2024.12.31 **

Pledged time deposits (financial
assets measured at amortized
cost)
Bank loan, tariff
Guarantee, performance
guarantee
Pledged demand deposits (listed
under other financial assets)
Bank loans and performance
guarantees
Accounts Receivable
Bank loans and performance
guarantees
Inventories
Bank loan
Land
Bank loan
Buildings - Net
Bank loan
Investment Property
Bank loan
Refundable deposits
Bid bond, performance bond
and warranty bond
Others
Bank loan

$ 15,329
19,158
40,638
45,756
11,205
31,307
121,822
266,512
466,341
466,341
1,141,865
938,724
48,877
49,812
59,915
64,059
36,900
70,515
$ 1,942,892 1,952,184

9. Material contingent liabilities and unrecognized contractual commitments:

(1) The unrecognized contractual commitments of the Consolidated Company are as follows:

Acquisition Financial Assets Measured at Fair Value through Profit or Loss Notes and letters of guarantee issued for engineering contract performance and customs duties guarantees Contracted but not yet incurred capital expenditure	2025.12.31 2024.12.31
	$ - 23,200 $ 3,310,394 2,895,101 $ 70,871 530,485

(2) As described in Note 6(10), the consolidated company entered into an "Investment, Refinancing and Sale and Purchase Agreement" with the counterparty in June 2025, pursuant to which the consolidated company disposed of all equity interests in two subsidiaries, sold accounts receivable claims, and retained certain rights related to computer module manufacturing services along with contractual obligations to be fulfilled.

〜 103 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(3) A subcontractor of the consolidated company's subsidiary Marketech filed for arbitration in the United States seeking payment of engineering fees. The consolidated company contended that the engineering contract was void ab initio and filed a counterclaim for damages. The appellate court ruled on October 23, 2025 to suspend the arbitration proceedings and remand the case to the lower court for retrial. However, due to the uncertainty of the legal outcome and the fact that the evidentiary hearing has not yet commenced, it is currently not possible to determine the probable outcome or the financial impact.
(4) The consolidated company's subsidiary Goldtek ceased production and sales of its related products during fiscal year 2025 due to financial difficulties encountered by its major customer, and cancelled purchase orders that had been placed with suppliers but not yet delivered. Pursuant to the purchase agreements entered into between the consolidated company and its suppliers, cancellation of purchase orders or adjustment of product quantities specified in orders prior to delivery by suppliers shall take effect upon delivery of the cancellation notice, and the consolidated company shall not bear any liability for compensation with respect to reduced or cancelled product quantities. Certain suppliers of the consolidated company refused the requests to cancel the relevant orders and intend to take legal action against the consolidated company. The consolidated company has assessed the associated litigation costs and recognized a provision for liabilities accordingly. The consolidated company received a registered letter from the supplier on March 5, 2026. As of March 27, 2026, the consolidated company has not yet made any response.

10. Losses due to major disasters: None.

11. Subsequent events:

(1) The consolidated company's subsidiary CASwell resolved through a Board Of Directors resolution on March 4, 2026 to acquire a 70% ordinary share interest (3,500 thousand shares) in Network Box Holdings Limited for cash consideration not exceeding HKD 70,000 thousand (approximately NTD 287,000 thousand).
(2) The consolidated company's subsidiary Goldtek filed legal actions against its major customer and other customers on November 21, 2025 and March 10, 2026, respectively, asserting breach of contract and seeking payment of outstanding receivables. The consolidated company has also assessed and recognized an allowance for doubtful accounts with respect to the receivables from the aforementioned customers. As of March 27, 2026, all of the aforementioned litigation cases remain pending before the courts.

12. Others

(1) Summary of employee benefits, depreciation, and amortization expenses by function for the current period:

or the current period:
By function By nature	2025			2024
	Attributable to Operating Costs	Attributable to Operating Expenses	Total	Attributable to Operating Costs	Attributable to Operating Expenses	Total
Employee benefits expenses Wages and salaries Labor Insurance and National Health Insurance expenses Pension costs Other Employee Benefit Expenses Depreciation Expense Amortization expenses	11,239,799 2,193,554 194,125 499,297 1,922,168 697,608	7,858,158 1,089,646 182,527 338,443 1,067,522 642,790	19,097,957 3,283,200 376,652 837,740 2,989,690 1,340,398	11,393,876 2,053,779 170,166 538,349 2,193,337 736,271	6,894,862 987,427 139,145 305,731 901,748 717,852	18,288,738 3,041,206 309,311 844,080 3,095,085 1,454,123

〜 104 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(2) Discontinuing operation:

As stated in Note 6(6), Kontron AG resolved to dispose of part of its IT service business through a Board of Directors' resolution in 2022. The discontinued operations are presented separately from the continuing operations.

For the amounts of income from continuing operations and discontinued operations attributable to owners of the parent, please refer to Note 6(24)

The operating results and cash inflows of the discontinued operation are as follows:

Operating Revenue Operating Costs Gross Profit Operating Expenses Total Non-Operating Income and Expenses Pre-tax profit Annual profit Disposition of profits for suspended businesses Net profit of discontinued operations for the period The interests of a terminated entity belong to: Owners of the Company Non-Controlling Interests	2025 2024
	$ - - - -
	- -
	- - 70,292 7,908
	70,292 7,908
	70,292 7,908
	- 100,515
	$ 70,292 108,423
	2025 2024
	$ 20,068 31,041 50,224 77,382
	$ 70,292 108,423

The cash flow information of the discontinued operation is as follows:

Cash Flows from Operating Activities Cash Flows from Investing Activities Cash Flows from Financing Activities Net Cash flows	2025 2024
	$ - - (100,891) 438,528 - -
	$ (100,891) 438,528

13. Other disclosures

(1) Information on significant transactions

According to the requirements of the Regulations Governing the Preparation of Financial Reports by Securities Issuers, the Consolidated Company should disclose the following information related to material transactions in fiscal year 2025:

Loans to others: Please refer to the attached table 1.
Endorsements and guarantees for others: Please refer to the attached table 2.
Circumstances of holding marketable securities at the end of the period (excluding investments in subsidiaries, affiliated companies, and equity of joint ventures): Please refer to the attached table 3.

〜 105 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

For purchases or sales with related parties involving an amount of NT$100 million or more, or 20% of the paid-in capital: Please refer to the attached table 4.
Receivables from related parties reaching NT$100 million or 20% of the paid-in capital: Please refer to the attached table 5.
Engagement in derivative transactions: None.
The relationship between the parent and subsidiary companies and the details of important transactions: Please refer to the attached table 6.
(2) Information regarding reinvested businesses (excluding investees in Mainland China): Please refer to the attached table 7.
(3) Information on investment in Mainland China:
Name, major businesses, and related information about investees in Mainland China: Please refer to the attached table 8(1).-
Investment limit in mainland China: Please refer to the attached table 8(2).-
Significant transactions between the Consolidated Company and investees in Mainland China for the year 2025 (which have been eliminated in the preparation of the consolidated financial statements) are detailed in the “Information on Significant Transactions.”

14. Department information

Starting from September 2025, in accordance with its business development strategy and internal management structure adjustments, the consolidated company reorganized its existing operating segments based on core product technology and market strategy into three business groups for reporting purposes: the Industrial IoT Business Group, the Intelligent Software and Solutions Business Group, and the Smart Factory and Facility Services Business Group.

This reorganization reflects the fact that the internal operational management model, resource allocation processes, and performance measurement methods have been integrated under the new business structure. Each business group has formed independent operational decision-making, research and development plans, and product and market development strategies, and the management financial information reported to the chief operating decision maker is also presented in accordance with the aforementioned three business groups. Accordingly, the consolidated company has disclosed segment information under the new business segment structure beginning from the current period to more accurately reflect its business model and operating performance.

Regarding the impact of this reorganization on comparative information for prior period financial figures, segment information for the comparable period has been restated under the new structure to facilitate understanding and comparison by financial statement users.

The information provided to the chief operating decision maker for allocating resources and assessing segment performance is focused on the types of products delivered by the Consolidated Company. During fiscal years 2025 and 2024, the consolidated company was primarily engaged in Industrial IoT, Intelligent Software and Solutions, and Smart Factory and Facility Services.

〜 106 〜

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Consolidated Financial Statements (Continued)

(1) Departmental Revenue and Operating Results

The income and operating results of the departments of the Consolidated Company should be reported as follows:

Revenue: Revenue from external customers Total Income Reportable departmental profits and losses Revenue: Revenue from external customers Total Income Reportable departmental profits and losses	2025
	Industrial Internet of Things Business Group Intelligent Software And Solutions Business Group Smart Factory And Facility Services Business Group Adjustment and elimination Discontinued Department Total
	$77,071,723 22,362,860 51,567,474 (8,712,388) - 142,289,669
	$ 77,071,723 22,362,860 51,567,474 (8,712,388) - 142,289,669
	$ 10,133,600 2,211,434 3,884,933 (6,251,532) (70,292) 9,908,143
	2024
	Industrial Internet of Things Business Group Intelligent Software And Solutions Business Group Smart Factory And Facility Services Business Group Adjustment and elimination Discontinued Department Total

	$79,166,806 18,067,871 60,675,104 (11,526,061) - 146,383,720
	$ 79,166,806 18,067,871 60,675,104 (11,526,061) - 146,383,720
	$ 7,790,531 2,288,427 2,637,411 (4,974,767) (108,423) 7,633,179

(2) Departmental assets and liabilities

The measurement amounts of assets/liabilities of the reportable departments of the Consolidated Company are not provided for operational decision making, hence the measurement amounts of assets/liabilities are not disclosed.

(3) Revenue from main products and services

The analysis of the revenue from the main products and services of the Consolidated Company are as follows:

Industrial Internet of Things Business Group Intelligent Software And Solutions Business Group Smart Factory And Facility Services Business Group	2025 2024
	$ 68,490,008 67,646,052 22,232,187 18,062,564 51,567,474 60,675,104
	$ 142,289,669 146,383,720

〜 107 〜

The note of Ennoconn Corporation And Subsidiaries

Consolidated Financial Statements (Continued)

(4) Regional Information

The Consolidated Company operates mainly in three regions - Taiwan, China, and Europe.

Information on the breakdown of the Consolidated Company's revenue from external customers by location of operations and non-current assets by geographical area of assets is presented as follows:

assets is presented as follows:
Region	2025 2024
Revenue from external customers Taiwan China Europe Others Non-Current Assets: Taiwan China Europe Others	$ 25,365,959 24,617,997 12,550,696 16,434,243 52,533,433 51,168,853 51,839,581 54,162,627
	$ 142,289,669 146,383,720
	2025 2024
	$ 7,886,121 7,426,310 1,727,515 1,444,572 16,497,951 14,598,975 3,226,546 3,039,607
	$ 29,338,133 26,509,464

Non-current assets exclude financial assets measured at fair value through profit or loss, financial assets measured at fair value through other comprehensive income, investments accounted for using the equity method, goodwill, prepayments for investments, guarantee deposits paid, net defined benefit assets, and deferred income tax assets.

(5) Information of Major Customer

Industrial Internet of Things Business Group–Customer A	2025 2024
	$8,347,817 16,333,155

〜 108 〜

Table 1

Ennoconn Corporation and its Subsidiaries — Loans to Others

December 31, 2025

															Unit: NT$ thousand	Unit: NT$ thousand
No.	Company providing loan	Borrower	Intercompany Accounts	Whether a Related Party	Highest balance for thisperiod	Ending Balance	Actual amount drawn down	Interest Rate Range	Nature for loan	Amount of business transactions	Reasons for the need for short-term financing	Allowance for bad debt	Collateral		Individual limit of loans to others	Aggregate limit of loans to others
													Name	Value
0 1 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2	Ennoconn Corporation CASwell, Inc. KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG	Ennoconn Solutions Singapore Pte. Ltd. Apligo GmbH Kontron Romania S.R.L., Romania Kontron Austria GmbH Kontron electronics AG Kontron AIS GmbH Kontron Electronics Kft. Kontron Transportation GmbH Kontron Europe GmbH S&T MEDTECH S.R.L. Kontron d.o.o.(former Iskratel) Kontron Canada Inc. Kontron Solar GmbH Suntastic.solar GmbH Kontron eSystems GmbH Nextek Inc. Kontron Modular Computers S.A.S. Katek Leipzig GmbH Kontron DOOEL Skopje Kontron America Modules LLC Kontron Beteiligungs GmbH Kontron Solar Bulgaria EOOD beflex electronics GmbH	Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties	Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes	293,400 59,717 479,895 184,575 48,728 78,260 184,575 538,959 147,660 49,296 210,416 73,830 812,130 221,490 1,543,047 73,790 166,118 243,639 36,915 942,000 221,490 7,383 221,490	- 45,574 369,150 184,575 32,485 57,587 178,115 538,959 147,660 36,915 185,313 - - - 1,539,725 - - 73,830 18,458 - 221,490 - 221,490	- 45,574 369,150 184,575 32,485 20,672 58,141 538,140 73,830 36,915 185,313 - - - 1,539,725 - - 73,830 18,458 - 136,940 - 103,362	0.00% 5.65% 3.00% 1.50% 3.00% 2.00% 1.75% 1.50% 1.50% 3.00% 1.75% 0.00% 0.00% 0.00% 1.75% 0.00% 0.00% 1.75% 1.75% 0.00% 1.00% 0.00% 1.75%	2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2	- - - - - - - - - - - - - - - - - - - - - - -	Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover	- - - - - - - - - - - - - - - - - - - - - - -	None None None None None None None None None None None None None None None None None None None None None None None	- - - - - - - - - - - - - - - - - - - - - - -	2,772,554 359,446 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304	11,090,216 718,893 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 10,945,304 2,142,378
3	Kontron Europe GmbH	Kontron Asia Pacific Design Sdn. Bhd.	Other receivables – relatedparties	Yes	149,091	149,091	47,575	1.20%	2	-	Operating turnover	-	None	-	2,142,378

〜 109 〜

No.	Company providing loan	Borrower	Intercompany Accounts	Whether a Related Party	Highest balance for thisperiod	Ending Balance	Actual amount drawn down	Interest Rate Range	Nature for loan	Amount of business transactions	Reasons for the need for short-term financing	Allowance for bad debt	Collateral	Collateral	Individual limit of loans to others	Aggregate limit of loans to others
													Name	Value
4 5 6 7 7 7 7 8 8 9 10 11 12 12 12 12 13	ENNOMECH PRECISION (CAYMAN) CO.,LTD ENNOCONN INVESTMENT HOLDINGS CO., LTD. Nanjing Asiatek Technology Co., Ltd. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. MIC-Tech Electronics Engineering Corp. MIC-Tech Electronics Engineering Corp. Ennoconn International Investment Co., Ltd. MIC-Tech Viet Nam Co., Ltd. Goldtek Technology Co., Ltd. Ennoconn (Suzhou) Technology Co., Ltd. Ennoconn (Suzhou) Technology Co., Ltd. Ennoconn (Suzhou) Technology Co., Ltd. Ennoconn (Suzhou) Technology Co., Ltd. Ennoconn Solutions Singapore Pte. Ltd.	Ennoconn Solutions Singapore Pte. Ltd. Ennoconn Solutions Singapore Pte. Ltd. Ennoconn (Foshan) Investment Co., Ltd. Marketech International Sdn. Bhd. Marketech International Corporation USA Marketech International Corp. Japan Marketech Integrated Pte. Ltd. Shanghai Maohua Electronics Engineering Co., Ltd. MIC-Tech (WuXi) Co., Ltd. Thecus Technology Corp. Marketech Co., Ltd. Goldtek Technology (Shenzheng) Co., Ltd. Ennoconn Malaysia Sdn. Bhd. Suzhou Heguangshidu Intelligent Equipment Co., Ltd. Ennoconn Smart Link (Suzhou) Technology Co., Ltd. Zhongsheng Huachi New Energy (Suzhou) Co., Ltd. Ennoconn Philippines Corporation	Other receivables – related parties Other receivables – related parties Other receivables – related parties Other Receivables Other Receivables Other Receivables Other Receivables Other Receivables Other Receivables Other receivables – related parties Other Receivables Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties	Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes	172,865 157,150 179,840 69,731 1,992,300 44,840 97,955 45,119 114,322 75,000 23,600 141,435 89,920 89,920 89,920 179,840 37,716	172,865 157,150 179,840 - - - 92,719 17,983 89,917 75,000 23,600 - 89,920 89,920 89,920 179,840 37,716	- - 124,989 - - - 92,719 17,983 89,917 75,000 23,600 - - 8,992 - 44,960 -	0.00% 0.00% 2.90% 0.00% 0.00% 0.00% 5.38% 4.35% 4.35% 2.20% 4.50% 1.83% 0.00% 3.00% 0.00% 3.00% 0.00%	2 2 2 2 2 2 2 2 2 2 2 1 2 2 2 2 2	- - - - - - - - - - - - - - - - -	Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover Operating turnover	- - - - - - - - - - - - - - - - -	None None None None None None None None None None None None None None None None None	- - - - - - - - - - - - - - - - -	738,278 1,511,696 204,710 6,427,034 6,427,034 6,427,034 6,427,034 153,557 307,114 1,077,177 166,430 122,406 200,380 200,380 200,380 200,380 109,635	738,278 6,046,783 204,710 6,427,034 6,427,034 6,427,034 6,427,034 307,114 307,114 4,308,710 166,430 122,406 801,520 801,520 801,520 801,520 438,540 501,425
14	Ennoconn (Foshan) Investment Co.,Ltd.	Ennoconn (Suzhou) Technology Co., Ltd.	Other receivables – relatedparties	Yes	224,800	224,800	206,816	2.00%	2	-	Operating turnover	-	None	-	501,425

Note1 : (1) Issuer fills in 0.

(2) The invested companies are numbered sequentially with Arabic numerals starting from 1 according to each company.

Note 2: Methods for filling in the nature of loan are as follows:

(1) Business transactions are filled in 1
(2) Necessity for short-term financing

Note 3: The limit of loans approved by the Board of Directors.

〜 110 〜

Table 2

Ennoconn Corporation and its Subsidiaries — Endorsements and Guarantees for Others

December 31, 2025

												Unit: NT$ thousand	Unit: NT$ thousand
No.	Endorser/Guarantor Company Name	Endorsed/guarantee subject		Maximum endorsement/ guarantee amount for an enterprise	Highest balance of endorsement/ guarantee during theperiod	Ending balance of endorsement/ guarantee	Actual amount drawn down	Amount of property pledged for endorsement/ guarantee	Ratio of accumulated endorsement/guarantee amount to net worth on the latest financial statements	Maximum amount of endorsement/ guarantee	Endorsement/ guarantee provided by parent company to subsidiary	Endorsement/ guarantee provided by subsidiary to parent company	Endorsement/ guarantee provided to China
		Company Name	Relationship
0 0 0 0 0 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1	Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG KONTRON AG	Ennoconn Japan Co., Ltd. American Industrial Systems Inc Ennoconn Australia Pty Ltd. Ennoconn New Zealand Ltd Ennoconn Solutions Singapore PTE LTD. Ennoconn India Corp Pvt Ltd Ennoconn Corporation subtotal Kontron Bulgaria e.o.o.d. Kontron Services Romania SRL Kontron Hungary Kft. Kontron Europe GmbH diverse / Factoring DACH Kontron electronics GmbH Kontron Public Transportation Kontron Transportation GmbH Kontron AIS GmbH Kontron AG/ Kontron Transportation GmbH/ Kontron Transportation s.r.o./ Comlab/ Kontron Transportation France Kontron Austria GmbH Kontron Solar Bulgaria EOOD Kontron Public Transport Arce S.A.U. Kontron SI d.o.o. Kontron eSystems GmbH Factoring Katek GmbH/ Kontron Solar GmbH/ Kontron Leipzig GmbH/ Katek GmbH Kontron Hartmann-Wiener GmbH/ beflex electronics GmbH Kontron Canada Inc/ Kontron Canada Systems Kontron Europe GmbH / Kontron d.o.o. Katek GmbH / Kontron eSystems GmbH Kontron Europe GmbH / Kontron America Inc. Kontron Transportation sro Factoring Kontron Europe / Kontron Modular Computer S.A.S.	2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2	41,588,312 41,588,312 41,588,312 41,588,312 41,588,312 41,588,312 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493 12,476,493	150,000 785,750 40,545 5,972 68,203 1,572 47,990 341,321 607,204 184,575 701,385 11,075 106,852 3,464,512 29,532 490,009 9,229 28,425 222,324 92,288 73,830 590,640 1,845,750 46,144 598,708 553,725 545,250 478,753 597,485 2,584,050	150,000 785,750 40,545 5,972 68,203 1,572	16,573 - - - 12,572 - - 117,237 43,965 - - - - 36,915 - - - - - - - - - - - - - - - 118,230	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	0.54% 2.83% 0.15% 0.02% 0.25% 0.01% 0.18% 0.44% 1.86% 0.15% 2.16% 0.04% 0.02% 12.01% 0.01% 0.73% 0.00% 0.10% 0.81% 0.34% 0.27% 2.16% 6.75% 0.17% 2.18% 2.02% 2.02% 1.72% 2.02% 9.44%	55,451,082 55,451,082 55,451,082 55,451,082 55,451,082 55,451,082 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987 24,952,987	Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y Y	N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N	N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N
						1,052,042
						47,990 119,082 507,983 42,194 590,640 11,075 5,452 3,286,375 1,846 198,875 - 28,425 222,324 92,288 73,830 590,640 1,845,750 46,144 596,588 553,725 553,725 471,255 553,884 2,584,050

〜 111 〜

No.	Endorser/Guarantor Company Name	Endorsed/guarantee subject	Endorsed/guarantee subject	Maximum endorsement/ guarantee amount for an enterprise	Highest balance of endorsement/ guarantee during theperiod	Ending balance of endorsement/ guarantee	Actual amount drawn down	Amount of property pledged for endorsement/ guarantee	Ratio of accumulated endorsement/guarantee amount to net worth on the latest financial statements	Maximum amount of endorsement/ guarantee	Endorsement/ guarantee provided by parent company to subsidiary	Endorsement/ guarantee provided by subsidiary to parent company	Endorsement/ guarantee provided to China
		Company Name	Relationship
1 1 1 2 2 2 2 2 2 2 2 2 2 2 2 3 3 3 4	KONTRON AG KONTRON AG KONTRON AG Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Mic-Tech Electronics Engineering Corp. Mic-Tech Electronics Engineering Corp. Mic-Tech Electronics Engineering Corp. Mic-Tech (Shanghai) Corp.	Iskra Technologii AS Kontron Leipzig GmbH beflex electronic GmbH KonTron AG subtotal Marketech International Corporation USA MIC-Tech Viet Nam Co., Ltd. Marketech Co., Ltd. Marketech International Corp. Japan MIC-Tech Electronics Engineering Corp. Marketech Integrated Pte. Ltd. Mic-Tech (Shanghai) Corp. MIC-Tech (WuXi) Co., Ltd. Marketech International Sdn. Bhd. eZoom Information, Inc. Te Chang Construction Co., Ltd. Tatung Co., Ltd. Marketech International Corp. Subtotal Marketech International Corp. China Electronic Systems Engineering Second Construction Co., Ltd. Mic-Tech (Shanghai) Corp. MIC-Tech Electronics Engineering Corp. Subtotal MIC-Tech Electronics Engineering Corp.	2 2 2 2 2 2 2 2 2 2 2 2 2 5 5 3 5 4 4	12,476,493 12,476,493 12,476,493 8,033,793 8,033,793 8,033,793 8,033,793 8,033,793 8,033,793 8,033,793 8,033,793 8,033,793 8,033,793 8,033,793 8,033,793 1,151,676 1,151,676 1,151,676 1,886,040	28,077 649,583 55,373 1,215,245 149,423 49,808 119,520 2,829,080 133,864 972,455 656,620 131,140 70,000 46,496 93,450 164,002 1,164 105,467 317,284	- 618,521 55,373	- - - 785,750 72,101 2,501 - 280,386 - - 71,633 - 11,201 46,496 93,450 25,051 1,145 99,830 311,939	- - - - - - - - - - - - - - - - - - -	0.00% 2.26% 0.20% 6.46% 0.88% 0.29% 0.37% 5.67% 0.00% 1.36% 2.22% 0.39% 0.44% 0.29% 0.58% 6.53% 0.30% 26.00% 49.62%	24,952,987 24,952,987 24,952,987 16,067,585 16,067,585 16,067,585 16,067,585 16,067,585 16,067,585 16,067,585 16,067,585 16,067,585 16,067,585 16,067,585 16,067,585 1,919,460 1,919,460 1,919,460 3,143,400	Y Y Y Y Y Y Y Y Y Y Y Y Y N N N N N N	N N N N N N N N N N N N N N N Y N N N	N N N N N N N Y N Y Y N N N N N Y Y Y
						13,698,034
						1,037,190 141,435 47,145 60,240 911,162 - 217,823 357,276 62,860 70,000 46,496 93,450
						3,045,077
						25,051 1,145 99,830
						126,026
						311,939

Note 1: The description of the number column is as follows:

(1) Issuer fills in 0.

(2) The invested companies are numbered sequentially with Arabic numerals starting from 1 according to each company. The same company should have the same number.

Note 2: The relationship between the endorser/guarantor and the endorsed/guaranteed entity is as follows:

(1) Companies with business dealings.
(2) Companies in which the Company directly or indirectly holds more than 50% of the voting shares.
(3) Companies that directly or indirectly hold more than 50% of the voting shares of the Company.
(4) Companies in which the company directly and indirectly holds 90% of the voting shares.

(5) Companies that mutually endorse/guarantee each other's liabilities based on the needs of contracted projects or joint builders in accordance with contractual requirements.

(6) Companies endorsed/guaranteed by all contributing shareholders in proportion to their shareholding due to a joint investment relationship.
(7) Peer companies providing joint and several liability guarantees for pre-sale housing sales contracts in accordance with the Consumer Protection Act.

Note 3: The total amount of the company's accumulated external endorsements/guarantees shall not exceed 150% of the net value of the company's most recent financial statements.

Note 4: The limit of the company's endorsement/guarantee for a single enterprise shall not exceed 200% of the net value of the company's most recent financial statements.

〜 112 〜

Table 3

Ennoconn Corporation and its Subsidiaries

Securities Held at the End of the Period (Excluding Investments in Subsidiaries, Associates, and Joint Ventures) December 31, 2025

Unit: Thousand shares/Thousand dollars

Companies held	Type of marketable securities	Name of marketable securities	Relations with securities practitioners	Recorded Account	End ofperiod	End ofperiod	End ofperiod	End ofperiod	Remarks
					Number of shares/units	Carrying Amount	Shareholding %	Fair Value
Ennoconn International Investment Co., Ltd. Vecow Co., Ltd. Ennoconn (Foshan) Investment Co., Ltd. Ennoconn (Foshan) Investment Co., Ltd. Ennoconn (Suzhou) Technology Co., Ltd. Marketech International Corp. Marketech International Corp. Marketech International Corp. Goldtek Technology Co., Ltd. Marketech International Corp.	Common share Common share Fund beneficiary certificates / Private equity fund Fund beneficiary certificates / Private equity fund Common share Common share Common share Common share Fund beneficiary certificates / Private equity fund Common share	Gold Rain Enterprises Co., Ltd. Array Networks Co., Ltd. Guangdong Hongfu Xinghe Hongtu Venture Capital Fund Partnership Enterprise (Limited Partnership) Foshan City Zhaoke Innovative Intelligent Industry Investment Fund Partnership Enterprise (Limited Partnership) Guoqi Zhiduan (Chengdu) Technology Co., Ltd. Taiwan Puritic Corp. TCSC Co., Ltd.(Original Investment Acquisition) Mega Union Technology Inc. Phi 2 Capital Limited Partnership Lasertec Corporation	None None None None None None None None None None	Financial assets measured at fair value through other comprehensive income - Non-Current Financial assets measured at fair value through other comprehensive income - Non-Current Financial assets measured at fair value through other comprehensive income - Non-Current Financial assets measured at fair value through other comprehensive income - Non-Current Financial assets measured at fair value through other comprehensive income - Non-Current Financial Assets Measured at Fair Value through Profit or Loss - Current Financial Assets Measured at Fair Value through Profit or Loss - Current Financial Assets Measured at Fair Value through Profit or Loss - Current Financial Assets Measured at Fair Value through Profit or Loss - Current Financial Assets Measured at Fair Value through Profit or Loss - Current	5,000 6,000 - - - 3,454 1,681 726 - 20	160,400 107,846 48,293 219,126 134,532 1,376,215 531,209 502,267 216,680 119,054	6.38% 10.32% 11.11% 18.57% 5.95% 4.04% 1.26% 0.95% -% -%	160,400 107,846 48,293 219,126 134,532 1,376,215 531,209 502,267 216,680 119,054

Note 1: None of the above securities were provided as collateral, pledged, or restricted in use based on agreements as of December, 2025.

Note 2: For information on investments in subsidiaries, please refer to the attached table 7 and 8.

Note 3: For those measured at fair value, the carrying amount is the book balance after fair value valuation adjustment and deduction of accumulated impairment; for those not measured at fair value, the carrying amount is the book balance of initial acquisition cost or post-sale cost after deduction of accumulated impairment. Note 4: Securities for which the amount of a single security exceeds 5% of the relevant financial statement line item shall be disclosed.

Note 4: Securities for which the amount of a single security exceeds 5% of the relevant financial statement line item shall be disclosed.

〜 113 〜

Ennoconn Corporation and its Subsidiaries

Purchases from or Sales to Related Parties Reaching NT$100 Million or 20% of Paid-in Capital or More For the Year Ended December 31, 2025

Table 4

Table 4
									Unit: Thousand
Company withpurchases(sales)	Counterparty	Relationship		Transaction details			Differences in transaction terms compared to third party transactions		Notes/accounts receivable (payable)		Remarks
			Purcahses(sales)	Amount	Percentage of total purchases (sales)	Creditperiod	Unitprice	Creditperiod	Balances	Percentage of total notes/ accounts receivable(payable)
American Industrial Systems, Inc. American Industrial Systems, Inc. HighAim Technology Inc. HighAim Technology Inc. HighAim Technology Inc. HighAim Technology Inc. Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Marketech International Corp. Marketech International Corp. Marketech International Corp. eZoom Information, Inc. EnnoMech Precision Co., Ltd. EnnoMech Precision Co., Ltd. EnnoMech Precision Co., Ltd. Techno Precision Co., Ltd. Goldtek Technology Co., Ltd. CASwell,Inc.	Ennoconn Corporation Ennoconn Corporation ANDRIX INTERNATIONAL LIMITED FUNOLOGY INVESTMENT INC. ANDRIX INTERNATIONAL LIMITED FUNOLOGY INVESTMENT INC. Victor Plus Holdings Ltd. HighAim Technology INC. ENNOCONN HUNGARY KFT. Marketech International Corporation USA Hon Hai Precision Industry Co., Ltd. Altus Technology Inc. Marketech International Corp. Kontron Europe GmbH Victor Plus Holdings Ltd. Kontron Canada Inc. Techno Precision (Shenzhen) Co., Ltd. Keenest Electronic Corp. CASO,inc.	Second-tier subsidiary to parent company Second-tier subsidiary to parent company Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-Tier Subsidiary to associates Second-Tier Subsidiary to associates Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Subsidiaries Companyto second-tier	Purchases Sales Purchases Purchases Sales Sales Purchases Purchases Sales Engineering Contracting Engineering Contracting Engineering Contracting Engineering/Labor Contracting Sales Purchases Sales Purchases Sales Sales	999,015 (102,164) 682,591 143,124 (735,923) (165,474) 1,228,273 196,665 (203,482) (712,294) (371,298) (212,378) (488,110) (171,925) 1,026,880 (131,987) 365,744 (193,715) (230,067)	0.87% (0.07)% 0.60% 0.12% (0.52)% (0.12)% 1.07% 0.17% (0.14)% (0.62)% (0.32)% (0.19)% (0.43)% (0.12)% 0.90% (0.09)% 0.32% (0.14)% (0.16)%	Net 90 days Net 90 days Net 150 EOM Net 150 EOM Net 150 EOM Net 150 EOM Net 60 EOM Net 90 days by T/T Net 60 days by T/T Payments are made in installments according to the contract Payments are made in installments according to the contract Payments are made in installments according to the contract Payments are made in installments according to the contract Net 120 EOM Net 60 EOM Net 120 EOM Net 60 EOM Net 45 O/A 70 days	- - - - - - - - - - - - - - - - - - -	No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation	(125,574) 5,149 (341,189) (59,299) 338,847 58,509 (45,443) (10,197) 39,583 32,892 4,477 - 141,878 16,716 (55,698) (28,174) (157,747) 42,446 43,774	(0.49)% 0.02% (1.32)% (0.23)% 1.43% 0.25% (0.18)% (0.04)% 0.17% 0.13% 0.02% -% 0.55% 0.07% (0.22)% (0.12)% (0.61)% 0.18% 0.18%

〜 114 〜

Company with purchases (sales)	Counterparty	Relationship subsidiary		Transaction details	Transaction details		Differences in transaction terms compared to third party transactions	Differences in transaction terms compared to third party transactions	Notes/accounts receivable (payable)	Notes/accounts receivable (payable)
			Purcahses (sales)	Amount	Percentage of total purchases (sales)	Credit period	Unit price	Credit period	Balances	Percentage of total notes/ accounts receivable (payable)

CASwell, Inc. CASO, inc. Caswell Americas Inc. Ennoconn (Suzhou) Technology Co., Ltd. Ennoconn (Suzhou) Technology Co., Ltd. Ennoconn (Suzhou) Technology Co., Ltd. JUMPtec GmbH JUMPtec GmbH KATEK Czech Republic s.r.o. KATEK Czech Republic s.r.o. Katek Hungary Kft. Kontron Asia Technology Inc. Kontron Asia Technology Inc. Kontron Asia Technology Inc. Kontron Austria GmbH Kontron Austria GmbH Kontron Canada Inc. Kontron Canada Inc. Kontron Canada Systems Inc. Kontron Canada Systems Inc. Kontron d.o.o. Kontron d.o.o. Kontron Electronics Kft. Kontron eSystems GmbH (formerly eSystems MTG GmbH) Kontron Europe GmbH Kontron Europe GmbH Kontron Hartmann-Wiener GmbH	Caswell Americas Inc. CASwell, Inc. CASwell, Inc. Victor Plus Holdings Ltd. Kontron Asia Technology Inc. HighAim Technology Inc. Kontron America Modules, LLC EnnoMech Precision Co., Ltd. Katek GmbH Kontron eSystems GmbH (formerly eSystems MTG GmbH) Katek GmbH Kontron Austria GmbH Kontron Canada Systems Inc. Kontron Europe GmbH Kontron Europe GmbH JUMPtec GmbH Kontron America Inc. Kontron Modular Computers S.A.S. Kontron America Inc. Kontron Canada Inc. Kontron Europe GmbH Kontron America Inc. Kontron Electronics GmbH EnnoMech Precision Co., Ltd. Kontron America Inc. Kontron Modular Computers S.A.S. Kontron America Inc.	Subsidiaries Company to second-tier subsidiary Parent Company Parent Company Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary	Sales Purchases Purchases Sales Purchases Purchases Sales Purchases Sales Sales Sales Sales Sales Sales Sales Sales Sales Sales Sales Sales Sales Sales Sales Purchases Sales Sales Sales	(133,104) 225,955 132,982 (2,756,665) 508,554 220,643 (119,453) 332,913 (786,142) (468,999) (1,305,678) (204,728) (110,229) (450,140) (240,804) (120,039) (274,264) (109,999) (397,065) (399,552) (141,603) (121,400) (241,301) 114,970 (175,360) (126,336) (120,629)	(0.09)% 0.20% 0.12% (1.94)% 0.44% 0.19% (0.08)% 0.29% (0.55)% (0.33)% (0.92)% (0.14)% (0.08)% (0.32)% (0.17)% (0.08)% (0.19)% (0.08)% (0.28)% (0.28)% (0.10)% (0.09)% (0.17)% 0.10% (0.12)% (0.09)% (0.08)%	O/A 90 days O/A 70 days O/A 90 days Net 30 EOM Net 45 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM	- - - - - - - - - - - - - - - - - - - - - - - - - - -	No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation	52,308 (52,488) (52,784) 219,781 (138,606) (13,841) - - 57,363 181 186,703 21,101 5,197 71,502 30,474 - 42,361 205 42,214 61,464 39,169 16,845 17,608 - 30,474 27,483 6,035	0.22% (0.20)% (0.20)% 0.92% (0.54)% (0.05)% -% -% 0.24% -% 0.79% 0.09% 0.02% 0.30% 0.13% -% 0.18% -% 0.18% 0.26% 0.16% 0.07% 0.07% -% 0.13% 0.12% 0.03%

〜 115 〜

Company withpurchases(sales)	Counterparty	Relationship		Transaction details	Transaction details		Differences in transaction terms compared to third party transactions	Differences in transaction terms compared to third party transactions	Notes/accounts receivable (payable)	Notes/accounts receivable (payable)	Remarks
			Purcahses(sales)	Amount	Percentage of total purchases (sales)	Creditperiod	Unitprice	Creditperiod	Balances	Percentage of total notes/ accounts receivable(payable)
Kontron Leipzig GmbH Kontron Modular Computers S.A.S. Kontron Solar Bulgaria EOOD Kontron Solar GmbH Kontron Transportation France S.A.S. Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation Schweiz AG	Kontron eSystems GmbH (formerly eSystems MTG GmbH) Kontron Europe GmbH Kontron Solar GmbH Kontron Solar Bulgaria EOOD Kontron Transportation GmbH Kontron d.o.o. Kontron Transportation Deutschland GmbH Kontron Transportation France S.A.S. Kontron Transportation UK Ltd. Kontron Transportation GmbH	Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary	Sales Sales Sales Sales Sales Sales Sales Sales Sales Sales	(333,820) (189,153) (733,337) (305,958) (248,554) (115,765) (460,012) (195,121) (113,740) (311,235)	(0.23)% (0.13)% (0.52)% (0.22)% (0.17)% (0.08)% (0.32)% (0.14)% (0.08)% (0.22)%	Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM Net 30 EOM	- - - - - - - - - -	No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation No significant deviation	9,203 112,640 305,524 179,384 249,325 75,778 303,117 (69,464) 489,874 3,672	0.04% 0.47% 1.29% 0.75% 1.05% 0.32% 1.28% (0.29)% 2.06% 0.02%

Note 1: The above transactions related to consolidated entities have been eliminated when preparing the consolidated financial statements. Note 2: Payments are made in installments according to the contract.

〜 116 〜

Table 5

Ennoconn Corporation and its Subsidiaries

Receivables from Related Parties Reaching NT$100 Million or 20% of Paid-in Capital or More December 31, 2025

Table 5	Table 5	Table 5	Table 5	Table 5
					Unit: NT$ thousand
Company accounted for receivables	Name of counterparty	Relationship	Balance of accounts receivable from related parties	Turnover rate	Overdue receivables from relatedparties		Amount subsequently recovered from receivables from relatedparties	Provision Allowance for Impairment Loss
					Amount	Action taken
eZoom Information, Inc. Ennoconn Corporation Techno Precision Co.,Ltd. Techno Precision ShenZhen Co.,Ltd. Ennoconn (Suzhou) Technology Co.,Ltd. HighAim Technology Inc. Victor Plus Holdings Ltd. ANDRIX INTERNATIONAL LIMITED Ennoconn International Investment Co., Ltd. Katek GmbH Katek Hungary Kft. KATEK SE KATEK SE KATEK SE Kontron Acquisition GmbH Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron America Inc. Kontron Asia Technology Inc. Kontron Beteiligungs GmbH Kontron d.o.o. Kontron d.o.o. Kontron eSystems GmbH (formerly eSystems MTG GmbH) Kontron Europe GmbH Kontron Europe GmbH Kontron Leipzig GmbH Kontron Solar Bulgaria EOOD Kontron Solar GmbH Kontron Transportation France S.A.S. Kontron Transportation France S.A.S. Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH	Marketech International Corp. American Industrial Systems, Inc. Techno Precision ShenZhen Co.,Ltd. T-Paragon Die Casting Co., Limited Victor Plus Holdings Ltd. ANDRIX INTERNATIONAL LIMITED EnnoMech Precision Co., Ltd. HighAim Technology Inc. EnnoMech Precision(Cayman) Co., Ltd. KATEK Czech Republic s.r.o. Katek GmbH Kontron Leipzig GmbH Katek GmbH Kontron Canada Systems Inc. Kontron Beteiligungs GmbH Kontron Services Romania S.R.L. Kontron Austria GmbH Kontron Beteiligungs GmbH Kontron Europe GmbH Kontron Electronics GmbH Kontron Solar GmbH Kontron eSystems GmbH (formerly eSystems MTG GmbH) Kontron d.o.o. Kontron Transportation GmbH Kontron AG Ennoconn (Suzhou) Technology Co., Ltd. Kontron Europe GmbH IskraCom JSC Iskra Technologies Kontron Leipzig GmbH Kontron Beteiligungs GmbH Kontron Electronics GmbH Kontron Automotive GmbH (formerly KATEK Düsseldorf GmbH) Kontron Solar GmbH Kontron Solar Bulgaria EOOD Kontron Europe GmbH Kontron Transportation GmbH Kontron Transportation España SL Kontron Transportation s.r.o. Kontront Transportation Deutschland GmbH	Second-tier subsidiary to second-tier subsidiary Parent Company to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary	106,603 125,574 157,748 138,542 219,781 338,847 175,730 341,189 200,342 341,502 186,703 687,384 369,000 132,818 217,114 371,155 189,445 2,748,328 2,349,390 578,444 867,473 698,857 189,116 617,695 565,277 138,606 445,219 143,570 157,806 142,456 144,604 210,110 290,935 305,524 179,384 112,640 249,325 473,413 143,959 303,117	8.31% 47.78% 0.25% 81.61%	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

〜 117 〜

Company accounted for receivables	Name of counterparty	Relationship	Balance of accounts receivable from related parties	Turnover rate	Overdue receivables from relatedparties	Overdue receivables from relatedparties	Amount subsequently recovered from receivables from relatedparties	Provision Allowance for Impairment Loss
					Amount	Action taken
Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation UK Ltd. Kontront Transportation Deutschland GmbH Nextek Inc.	Kontron Transportation UK Ltd. Kontron Transportation Schweiz AG Kontron Transportation GmbH Kontron Transportation GmbH Kontron Canada Systems Inc.	Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary	489,874 200,625 635,306 127,998 137,746		- - - - -	- - - - -	- - - - -	- - - - -

Note 1: The above transactions with entities within the consolidated group have been eliminated upon the preparation of the consolidated financial statements. Note 2: The receivables arise from intercompany fund lending arrangements and are therefore not applicable.

〜 118 〜

Table 6

Significant Transactions Between Parent and Subsidiaries That Have Been Eliminated

During Consolidation of Ennoconn Corporation and Subsidiaries

For the Year Ended December 31, 2025

Unit: Thousand dollars

No. (Note 1)	Name of counterparty	Counterparty	Relationship with the counterparty (Note 2)			Transaction details
				Account	Amount	Transaction terms	Percentage of consolidated total operating revenue or total assets(Note 3)
0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1	Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp.	Victor Plus Holdings Ltd. Victor Plus Holdings Ltd. American Industrial Systems, Inc. American Industrial Systems, Inc. American Industrial Systems, Inc. HighAim Technology INC. HighAim Technology INC. Ennoconn Hungary Kft. Ennoconn Hungary Kft. Kontron Europe GmbH POSLAB Technology Corp. POSLAB Technology Corp. POSLAB Technology Corp. Ennoconn (Suzhou) Technology Co., Ltd. ENNOWYSE CORPORATION Ennotech Vietnam Company Limited Ennotech Vietnam Company Limited Dexatek Technology Ltd. Dexatek Technology Ltd. Kontron AG MIC-Tech (WuXi) Co., Ltd. MIC-Tech Electronics Engineering Corp. Marketech Integrated Pte. Ltd. Marketech Integrated Pte. Ltd. Marketech Integrated Pte. Ltd.	Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Parent Company to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary	Cost of Goods Purchased Accounts payable - related parties Sales revenue Accounts Receivable – Related Parties Cost of Goods Purchased Cost of Goods Purchased Accounts payable - related parties Sales revenue Accounts Receivable – Related Parties Sales revenue Cost of Goods Purchased Accounts payable - related parties Sales revenue Other receivables – related parties Other Receivables - Related Parties - Others Cost of Goods Purchased Accrued Expenses - Related Parties Accounts payable - related parties Cost of Goods Purchased Administrative Expenses - Certified Public Accountant/Cpa Fees Sales Contract Revenue Non-Operating Revenue Sales Contract Revenue Service Contract Revenue Construction Contract Revenue	1,228,273 45,443 999,015 125,574 102,164 196,665 10,197 203,482 39,583 12,140 56,903 11,460 15,284 17,536 81,961 160,246 13,337 65,239 130,213 9,040 14,899 25,911 31,208 11,972 91,023	Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms The transaction prices and payment terms for the sale of goods are not materially different from those with non-related parties Depending on the transaction contract The transaction prices and payment terms for the sale of goods are not materially different from those with non-related parties Service and sales refers to agreed profits from sales between related parties. The Group handles engineering fees for related parties and non- related parties in accordance with general engineering contract or individual agreement terms. Additionally, the Group's payment terms for related parties are not significantly different from those for general customers, depending on the engineering contract or individual agreement, which is typically 2 to 3 months after project acceptance.	0.86% 0.03% 0.70% 0.08% 0.07% 0.14% 0.01% 0.14% 0.02% 0.01% 0.04% 0.01% 0.01% 0.01% 0.05% 0.11% 0.01% 0.04% 0.09% 0.01% 0.01% 0.02% 0.02% 0.01% 0.06%

〜 119 〜

No. (Note 1)	Name of counterparty	Counterparty	Relationship with the counterparty (Note 2)			Transaction details	Transaction details
				Account	Amount	Transaction terms	Percentage of consolidated total operating revenue or total assets(Note 3)
1 1 1 1 1 1 1 1 1 2 2 2 2	Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. eZoom Information, Inc. eZoom Information, Inc. eZoom Information, Inc. eZoom Information, Inc.	Marketech Integrated Pte. Ltd. eZoom Information, Inc. Marketech International Corporation USA Marketech International Corporation USA Marketech International Corporation USA Marketech International Corporation USA Marketech International Corp. Japan Advanced Technology Matrix United Corporation Marketech International Corp. Japan Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp.	Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary	Other Receivables Construction Contract Revenue Accounts Receivable Construction Contract Revenue Non-Operating Revenue Service Contract Revenue Construction Contract Revenue Sales Contract Revenue Accounts Receivable Accounts Receivable Notes Receivable Service Contract Revenue Construction Contract Revenue	93,305 73,816 32,892 712,294 19,682 15,738 16,851 13,088 31,908 106,603 35,275 182,849 305,261	Depending on the contract or individual agreement terms, payment is typically received within 2-3 months after the transaction is confirmed. The Group handles engineering fees for related parties and non- related parties in accordance with general engineering contract or individual agreement terms. Additionally, the Group's payment terms for related parties are not significantly different from those for general customers, depending on the engineering contract or individual agreement, which is typically 2 to 3 months after project acceptance. Depending on the contract or individual agreement terms, payment is typically received within 2-3 months after the transaction is confirmed. The Group handles engineering fees for related parties and non- related parties in accordance with general engineering contract or individual agreement terms. Additionally, the Group's payment terms for related parties are not significantly different from those for general customers, depending on the engineering contract or individual agreement, which is typically 2 to 3 months after project acceptance. Depending on the transaction contract Service and sales refers to agreed profits from sales between related parties. The Group handles engineering fees for related parties and non- related parties in accordance with general engineering contract or individual agreement terms. Additionally, the Group's payment terms for related parties are not significantly different from those for general customers, depending on the engineering contract or individual agreement, which is typically 2 to 3 months after project acceptance. The transaction prices and payment terms for the sale of goods are not materially different from those with non-related parties Depending on the contract or individual agreement terms, payment is typically received within 2-3 months after the transaction is confirmed. Depending on the contract or individual agreement terms, payment is typically received within 2-3 months after the transaction is confirmed. Depending on the contract or individual agreement terms, payment is typically received within 2-3 months after the transaction is confirmed. Service and sales refers to agreed profits from sales between related parties. The Group handles engineering fees for related parties and non- related parties in accordance with general engineering contract or individual agreement terms. Additionally, the Group's payment terms for related parties are not significantly different from those for general customers, depending on the engineering contract or individual agreement, which is typically 2 to 3 months after project acceptance.	0.06% 0.05% 0.02% 0.50% 0.01% 0.01% 0.01% 0.01% 0.02% 0.06% 0.02% 0.13% 0.21%

〜 120 〜

No. (Note 1)	Name of counterparty	Counterparty	Relationship with the counterparty (Note 2)			Transaction details	Transaction details
				Account	Amount	Transaction terms	Percentage of consolidated total operating revenue or total assets(Note 3)
3 4 5 6 6 7 8 9 9 10 10 10 10	ADAT Technology Co., Ltd. Vertex System Corporation Smart Group Solutions Corp. MIC-Tech Global Corp. MIC-Tech Global Corp. Spiro Technology Systems Inc. Marketech Netherlands B.V. Mic-Tech (Shanghai) Corp. Mic-Tech (Shanghai) Corp. MIC-Tech Electronics Engineering Corp. MIC-Tech Electronics Engineering Corp. MIC-Tech Electronics Engineering Corp. MIC-Tech Electronics Engineering Corp.	Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech Co., Ltd. Marketech Co., Ltd. Shanghai Maohua Electronics Engineering Co., Ltd. MIC-Tech (WuXi) Co., Ltd. MIC-Tech (WuXi) Co., Ltd. MIC-Tech (WuXi) Co., Ltd.	Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary	Service Contract Revenue Construction Contract Revenue Construction Contract Revenue Sales Contract Revenue Accounts Receivable Sales Contract Revenue Sales Contract Revenue Sales Contract Revenue Accounts Receivable Other Receivables Other Receivables Construction Contract Revenue Accounts Receivable	16,329 28,625 10,836 88,441 16,311 59,499 12,961 15,577 10,245 17,983 89,917 22,360 11,019	Service and sales refers to agreed profits from sales between related parties. The Group handles engineering fees for related parties and non- related parties in accordance with general engineering contract or individual agreement terms. Additionally, the Group's payment terms for related parties are not significantly different from those for general customers, depending on the engineering contract or individual agreement, which is typically 2 to 3 months after project acceptance. The Group handles engineering fees for related parties and non- related parties in accordance with general engineering contract or individual agreement terms. Additionally, the Group's payment terms for related parties are not significantly different from those for general customers, depending on the engineering contract or individual agreement, which is typically 2 to 3 months after project acceptance. The transaction prices and payment terms for the sale of goods are not materially different from those with non-related parties Depending on the contract or individual agreement terms, payment is typically received within 2-3 months after the transaction is confirmed. The transaction prices and payment terms for the sale of goods are not materially different from those with non-related parties The transaction prices and payment terms for the sale of goods are not materially different from those with non-related parties The transaction prices and payment terms for the sale of goods are not materially different from those with non-related parties Depending on the contract or individual agreement terms, payment is typically received within 2-3 months after the transaction is confirmed. Depending on the contract or individual agreement terms, payment is typically received within 2-3 months after the transaction is confirmed. Depending on the contract or individual agreement terms, payment is typically received within 2-3 months after the transaction is confirmed. The Group handles engineering fees for related parties and non- related parties in accordance with general engineering contract or individual agreement terms. Additionally, the Group's payment terms for related parties are not significantly different from those for general customers, depending on the engineering contract or individual agreement, which is typically 2 to 3 months after project acceptance. Depending on the contract or individual agreement terms, payment is typically received within 2-3 months after the transaction is confirmed.	0.01% 0.02% 0.01% 0.06% 0.01% 0.04% 0.01% 0.01% 0.01% 0.01% 0.05% 0.02% 0.01%

〜 121 〜

No. (Note 1)	Name of counterparty	Counterparty	Relationship with the counterparty (Note 2)	Transaction details	Transaction details	Transaction details	Transaction details
				Account	Amount	Transaction terms	Percentage of consolidated total operating revenue or total assets(Note 3)
11 12 12 12 13 14 14 15 15 15 15 15 15 15 15 15 16 17 18 19	Shanghai Maohua Electronics Engineering Co., Ltd. MIC-Tech (WuXi) Co., Ltd. MIC-Tech (WuXi) Co., Ltd. MIC-Tech (WuXi) Co., Ltd. MIC-Tech Viet Nam Co., Ltd. Marketech Integrated Pte. Ltd. Marketech Integrated Pte. Ltd. CASwell, Inc. CASwell, Inc. CASwell, Inc. CASwell, Inc. CASwell, Inc. CASwell, Inc. CASwell, Inc. CASwell, Inc. CASwell, Inc. Hawkeye Tech Co., Ltd. Apligo Gmbh Caswell Americas Inc. Goldtek Technology Co., Ltd.	MIC-Tech Electronics Engineering Corp. MIC Industrial Viet Nam Co., Ltd. MIC Industrial Viet Nam Co., Ltd. Marketech Integrated Pte. Ltd. Marketech Co., Ltd. Marketech International Corp. Marketech International Corp. Apligo Gmbh Hawkeye Tech Co., Ltd. Beijing CASwell Ltd. CASO, inc. Caswell Americas Inc. Apligo Gmbh CASO, inc. Caswell Americas Inc. Apligo Gmbh CASwell, Inc. CASwell, Inc. CASwell, Inc. Keenest Electronic Corp.	Subsidiaries Company to second-tier subsidiary Subsidiaries Company to second-tier subsidiary Subsidiaries Company to second-tier subsidiary Subsidiaries Company to second-tier subsidiary Subsidiaries Company to second-tier subsidiary Subsidiaries Company to second-tier subsidiary Subsidiaries Company to second-tier subsidiary Subsidiaries Company to second-tier subsidiary Subsidiaries Company to second-tier subsidiary Subsidiaries Company to second-tier subsidiary Subsidiaries Company to second-tier subsidiary Subsidiaries Company to second-tier subsidiary Subsidiaries Company to second-tier subsidiary Subsidiaries Company to second-tier subsidiary Subsidiaries Company to second-tier subsidiary Subsidiaries Company to second-tier subsidiary Second-Tier Subsidiary to Subsidiary Second-Tier Subsidiary to Subsidiary Second-Tier Subsidiary to Subsidiary Second-tier subsidiary to second-tier subsidiary	Construction Contract Revenue Sales Contract Revenue Accounts Receivable Sales Contract Revenue Other Receivables Prepayments to suppliers Construction Contract Revenue Sales revenue Sales revenue Sales revenue Sales revenue Sales revenue Accounts Receivable Accounts Receivable Accounts Receivable Other Receivables Sales revenue Sales revenue Sales revenue Accounts Receivable	66,185 58,707 18,975 20,255 23,600 40,269 11,332 18,318 15,765 10,607 230,067 133,104 11,851 43,774 52,308 46,432 12,395 33,791 27,301 42,446	The Group handles engineering fees for related parties and non- related parties in accordance with general engineering contract or individual agreement terms. Additionally, the Group's payment terms for related parties are not significantly different from those for general customers, depending on the engineering contract or individual agreement, which is typically 2 to 3 months after project acceptance. The transaction prices and payment terms for the sale of goods are not materially different from those with non-related parties Depending on the contract or individual agreement terms, payment is typically received within 2-3 months after the transaction is confirmed. The transaction prices and payment terms for the sale of goods are not materially different from those with non-related parties Depending on the contract or individual agreement terms, payment is typically received within 2-3 months after the transaction is confirmed. Depending on the transaction contract The Group handles engineering fees for related parties and non- related parties in accordance with general engineering contract or individual agreement terms. Additionally, the Group's payment terms for related parties are not significantly different from those for general customers, depending on the engineering contract or individual agreement, which is typically 2 to 3 months after project acceptance. Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms	0.05% 0.04% 0.01% 0.01% 0.01% 0.02% 0.01% 0.01% 0.01% 0.01% 0.16% 0.09% 0.01% 0.03% 0.03% 0.03% 0.01% 0.02% 0.02% 0.03% 0.14%
19	Goldtek Technology Co., Ltd.	Keenest Electronic Corp.	Second-tier subsidiary to second-tier subsidiary	Sales revenue	193,715	Common Transaction Terms

〜 122 〜

No. (Note 1)	Name of counterparty	Counterparty	Relationship with the counterparty (Note 2)			Transaction details
				Account	Amount	Transaction terms	Percentage of consolidated total operating revenue or total assets(Note 3)
20 20 20 21 21 22 22 22 22 23 23 23 23 24 24 24 24 24 24 24 24 24 24 24 25	Techno Precision Co., Ltd. Techno Precision Co., Ltd. Techno Precision Co., Ltd. Techno Precision (Shenzhen) Co., Ltd. T-Paragon Metal (Shenzhen) Co., Ltd. HighAim Technology Inc. HighAim Technology Inc. HighAim Technology Inc. HighAim Technology Inc. HighAim Technology Inc. HighAim Technology Inc. HighAim Technology Inc. HighAim Technology Inc. Ennoconn (Suzhou) Technology Co., Ltd. Ennoconn (Suzhou) Technology Co., Ltd. Ennoconn (Suzhou) Technology Co., Ltd. Ennoconn (Suzhou) Technology Co., Ltd. Ennoconn (Suzhou) Technology Co., Ltd. Ennoconn (Suzhou) Technology Co., Ltd. Ennoconn (Suzhou) Technology Co., Ltd. Ennoconn (Suzhou) Technology Co., Ltd. Ennoconn (Suzhou) Technology Co., Ltd. Ennoconn (Suzhou) Technology Co., Ltd. Ennoconn (Suzhou) Technology Co., Ltd. Ennoconn Malaysia SDN.BHD.	Techno Precision (Shenzhen) Co., Ltd. Techno Precision (Shenzhen) Co., Ltd. Goldtek Technology Co., Ltd. Techno Precision Co., Ltd. T-Paragon Die Casting Co., Ltd. ANDRIX INTERNATIONAL LIMITED ANDRIX INTERNATIONAL LIMITED FUNOLOGY INVESTMENT INC. FUNOLOGY INVESTMENT INC. ANDRIX INTERNATIONAL LIMITED ANDRIX INTERNATIONAL LIMITED FUNOLOGY INVESTMENT INC. FUNOLOGY INVESTMENT INC. Ennoconn Corporation Ennoconn Corporation HighAim Technology Inc. Kontron Asia Technology Inc. Kontron Asia Technology Inc. HighAim Technology Inc. HighAim Technology Inc. Victor Plus Holdings Ltd. Victor Plus Holdings Ltd. Victor Plus Holdings Ltd. Nanjing Asiatek Technology Co., Ltd. JUMPtec GmbH	Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-Tier Subsidiary to Subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to parent company Second-tier subsidiary to parent company Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary	Accounts Receivable Sales revenue Sales revenue Sales revenue Accounts Receivable Accounts payable - related parties Cost of Goods Purchased Accounts payable - related parties Cost of Goods Purchased Accounts Receivable – Related Parties Sales revenue Accounts Receivable – Related Parties Sales revenue Cost of Goods Purchased Accounts payable - related parties Cost of Goods Purchased Cost of Goods Purchased Accounts payable - related parties Cost of Goods Purchased Accounts payable - related parties Sales revenue Accounts Receivable – Related Parties Accounts payable - related parties Sales revenue Sales revenue	241,673 85,255 24,518 439,551 166,789 341,189 682,591 59,299 143,124 338,847 735,923 58,509 165,474 67,197 17,683 43,823 508,554 138,606 220,643 13,841 2,756,665 219,781 35,382 19,360 29,879	Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms	0.15% 0.06% 0.02% 0.31% 0.10% 0.21% 0.48% 0.04% 0.10% 0.21% 0.52% 0.04% 0.12% 0.05% 0.01% 0.03% 0.36% 0.08% 0.16% 0.01% 1.94% 0.13% 0.02% 0.01% 0.02%

〜 123 〜

No. (Note 1)	Name of counterparty	Counterparty	Relationship with the counterparty (Note 2)			Transaction details
				Account	Amount	Transaction terms	Percentage of consolidated total operating revenue or total assets(Note 3)
25 25 25 26 27 27 27 27 27 27 27 27 27 27 27 27 28 29 29 30 30 31	Ennoconn Malaysia SDN.BHD. Ennoconn Malaysia SDN.BHD. Ennoconn Malaysia SDN.BHD. Ennoconn (Foshan) Investment Co., Ltd. EnnoMech Precision Co., Ltd. EnnoMech Precision Co., Ltd. EnnoMech Precision Co., Ltd. EnnoMech Precision Co., Ltd. EnnoMech Precision Co., Ltd. EnnoMech Precision Co., Ltd. EnnoMech Precision Co., Ltd. EnnoMech Precision Co., Ltd. EnnoMech Precision Co., Ltd. EnnoMech Precision Co., Ltd. EnnoMech Precision Co., Ltd. EnnoMech Precision Co., Ltd. EnnoMech Precision (Cayman) Co., Ltd. JUMPtec GmbH JUMPtec GmbH KATEK Czech Republic s.r.o. KATEK Czech Republic s.r.o. Katek GmbH	Kontron America Modules, LLC Kontron America Inc. Kontron Asia Technology Inc. Nanjing Asiatek Technology Co., Ltd. Victor Plus Holdings Ltd. Victor Plus Holdings Ltd. Victor Plus Holdings Ltd. Victor Plus Holdings Ltd. Kontron Europe GmbH Kontron Europe GmbH Kontron America Inc. Kontron Canada Inc. Kontron Canada Inc. Kontron eSystems GmbH JUMPtec GmbH Kontron America Modules, LLC Ennoconn International Investment Co., Ltd. Kontron America Modules, LLC EnnoMech Precision Co., Ltd. Katek GmbH Kontron eSystems GmbH (formerly eSystems MTG GmbH) KATEK Czech Republic s.r.o.	Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-Tier Subsidiary to Subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary	Sales revenue Sales revenue Cost of Goods Purchased Other short-term loans Cost of Goods Purchased Accounts payable - related parties Accrued Expenses - Related Parties Other Income — others Sales revenue Accounts Receivable – Related Parties Sales revenue Sales revenue Accounts Receivable – Related Parties Other Income — others Sales revenue Sales revenue Accrued Expenses - Related Parties Sales revenue Cost of Goods Purchased Sales revenue Sales revenue Other receivables – related parties	96,918 11,571 10,337 125,100 1,026,880 55,697 120,033 133,522 171,925 16,716 25,138 131,987 28,174 132,901 332,913 17,476 200,342 119,453 332,913 786,142 468,999 341,502	Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms	0.07% 0.01% 0.01% 0.08% 0.72% 0.03% 0.07% 0.09% 0.12% 0.01% 0.02% 0.09% 0.02% 0.09% 0.23% 0.01% 0.12% 0.08% 0.23% 0.55% 0.33% 0.21%

〜 124 〜

No. (Note 1)	Name of counterparty	Counterparty	Relationship with the counterparty (Note 2)			Transaction details
				Account	Amount	Transaction terms	Percentage of consolidated total operating revenue or total assets(Note 3)
32 32 33 33 33 34 35 35 35 35 35 35 35 35 35 35 36 37 37 37 38 38 39 40 40 41 41 A	Katek Hungary Kft. Katek Hungary Kft. KATEK SE KATEK SE KATEK SE Kontron Acquisition GmbH Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron America Inc. Kontron Asia Technology Inc. Kontron Asia Technology Inc. Kontron Asia Technology Inc. Kontron Austria GmbH Kontron Austria GmbH Kontron Beteiligungs GmbH Kontron Canada Inc. Kontron Canada Inc. Kontron Canada Systems Inc. Kontron Canada Systems Inc. Kontron d.o.o.	Katek GmbH Katek GmbH Kontron Leipzig GmbH Katek GmbH Kontron Canada Systems Inc. Kontron Beteiligungs GmbH Kontron Services Romania S.R.L. Kontron Austria GmbH Kontron Beteiligungs GmbH Kontron Europe GmbH Kontron Electronics GmbH Kontron Solar GmbH Kontron eSystems GmbH (formerly eSystems MTG GmbH) Kontron d.o.o. Kontron Transportation GmbH Kontron Beteiligungs GmbH Kontron AG Kontron Austria GmbH Kontron Canada Systems Inc. Kontron Europe GmbH Kontron Europe GmbH JUMPtec GmbH Kontron Europe GmbH Kontron America Inc. Kontron Modular Computers S.A.S. Kontron America Inc. Kontron Canada Inc. Kontron Europe GmbH	Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary	Sales revenue Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Sales revenue Sales revenue Sales revenue Sales revenue Sales revenue Other receivables – related parties Sales revenue Sales revenue Sales revenue Sales revenue Sales revenue	1,305,678 186,703 687,384 369,000 132,818 217,114 371,155 189,445 2,748,328 2,349,390 578,444 867,473 698,857 189,116 617,695 191,467 565,277 204,728 110,229 450,140 240,804 120,039 445,219 274,264 109,999 397,065 399,552 141,603	Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms	0.92% 0.11% 0.42% 0.22% 0.08% 0.13% 0.22% 0.11% 1.66% 1.42% 0.35% 0.53% 0.42% 0.11% 0.37% 0.12% 0.34% 0.14% 0.08% 0.32% 0.17% 0.08% 0.27% 0.19% 0.08% 0.28% 0.28% 0.10%

〜 125 〜

No. (Note 1)	Name of counterparty	Counterparty	Relationship with the counterparty (Note 2)			Transaction details
				Account	Amount	Transaction terms	Percentage of consolidated total operating revenue or total assets(Note 3)
42 42 42 43 44 44 45 45 45 45 45 46 47 47 48 49 49 50 50 51 51 51 51	Kontron d.o.o. Kontron d.o.o. Kontron d.o.o. Kontron Electronics Kft. Kontron eSystems GmbH (formerly eSystems MTG GmbH) Kontron eSystems GmbH (formerly eSystems MTG GmbH) Kontron Europe GmbH Kontron Europe GmbH Kontron Europe GmbH Kontron Europe GmbH Kontron Europe GmbH Kontron Hartmann-Wiener GmbH Kontron Leipzig GmbH Kontron Leipzig GmbH Kontron Modular Computers S.A.S. Kontron Solar Bulgaria EOOD Kontron Solar Bulgaria EOOD Kontron Solar GmbH Kontron Solar GmbH Kontron Transportation France S.A.S. Kontron Transportation France S.A.S. Kontron Transportation France S.A.S. Kontron Transportation France S.A.S.	Kontron America Inc. IskraCom JSC Iskra Technologies Kontron Electronics GmbH EnnoMech Precision Co., Ltd. Kontron Leipzig GmbH Kontron America Inc. Kontron Modular Computers S.A.S. EnnoMech Precision Co., Ltd. Kontron Beteiligungs GmbH Kontron Electronics GmbH Kontron America Inc. Kontron eSystems GmbH (formerly eSystems MTG GmbH) Kontron Automotive GmbH (formerly KATEK Düsseldorf GmbH) Kontron Europe GmbH Kontron Solar GmbH Kontron Solar GmbH Kontron Solar Bulgaria EOOD Kontron Solar Bulgaria EOOD Kontron Transportation GmbH Kontron Europe GmbH Kontron Transportation GmbH Kontron Transportation GmbH	Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary	Sales revenue Other receivables – related parties Other receivables – related parties Sales revenue Cost of Goods Purchased Other receivables – related parties Sales revenue Sales revenue Cost of Goods Purchased Other receivables – related parties Other receivables – related parties Sales revenue Sales revenue Other receivables – related parties Sales revenue Sales revenue Other receivables – related parties Sales revenue Other receivables – related parties Sales revenue Other receivables – related parties Other receivables – related parties Other receivables – related parties	121,400 143,570 157,806 241,301 114,970 142,456 175,360 126,336 169,646 144,604 210,110 120,629 333,820 290,935 189,153 733,337 305,524 305,958 179,384 248,554 112,640 249,325 631,381	Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms	0.09% 0.09% 0.10% 0.17% 0.08% 0.09% 0.12% 0.09% 0.12% 0.09% 0.13% 0.08% 0.23% 0.18% 0.13% 0.52% 0.18% 0.22% 0.11% 0.17% 0.07% 0.15% 0.38%

〜 126 〜

No. (Note 1)	Name of counterparty	Counterparty	Relationship with the counterparty (Note 2)			Transaction details
				Account	Amount	Transaction terms	Percentage of consolidated total operating revenue or total assets(Note 3)
52 52 52 52 52 52 52 52 52 52 52 52 53 54 55 56	Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation Schweiz AG Kontron Transportation UK Ltd. Kontront Transportation Deutschland GmbH Nextek Inc.	Kontron d.o.o. Kontron Transportation Deutschland GmbH Kontron Transportation France S.A.S. Kontron Transportation UK Ltd. Kontron Transportation España SL Kontron Transportation s.r.o. Kontront Transportation Deutschland GmbH Kontron Transportation UK Ltd. Kontron Transportation Schweiz AG Kontron Transportation s.r.o. Kontron Transportation France S.A.S. Kontron Transporation UK Ltd. Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Kontron Canada Systems Inc.	Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary Second-tier subsidiary to second-tier subsidiary	Sales revenue Sales revenue Sales revenue Sales revenue Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Other receivables – related parties Sales revenue Other receivables – related parties Other receivables – related parties Other receivables – related parties	115,765 460,012 195,121 113,740 473,413 143,959 303,117 489,874 200,625 272,169 406,565 475,991 311,235 635,306 127,998 137,746	Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms Common Transaction Terms	0.08% 0.32% 0.14% 0.08% 0.29% 0.09% 0.18% 0.30% 0.12% 0.16% 0.25% 0.29% 0.22% 0.38% 0.08% 0.08%

Note 1: Business transactions between the parent company and its subsidiaries should be noted separately in the number column. The numbering method is as follows:

(1) The parent company fills 0

(2) Subsidiaries are numbered sequentially starting from Arabic numeral 1 according to the company.

Note 2: The calculation of the ratio of transaction amount to consolidated total revenue or total assets: If it is an asset or liability item, the ratio is calculated by dividing the ending balance by the consolidated total assets. If it is a profit or loss item, the ratio is calculated by dividing the cumulative amount during the period by the consolidated total revenue.

Note 3: Important transactions in this table refer to those that reach 0.01% of the consolidated total revenue or total assets.

〜 127 〜

Table 7

Ennoconn Corporation and its Subsidiaries

Information on Invested Companies (excluding Mainland China investments) December 31, 2025

Table 7
				Unit: NT$ thousand
Name of Investor	Name of Investee	Location	Main business activities	Original investment amount		Amount held at the end of theperiod			Highest shareholding ratio during theperiod	Net income (loss) of the investee company for the period	Investment income (loss) recognized for theperiod	Remarks
				End of the currentperiod	End of the previousyear	Number of Shares	Ratio(%)	Carrying Amount
Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Ennoconn Corporation Innovative Systems Integration Ltd. Ennoconn Investment Holdings Co.,Ltd Ennoconn Investment Holdings Co.,Ltd Ennoconn Investment Holdings Co.,Ltd AIS Cayman Technology Group AIS Cayman Technology Group AIS Cayman Technology Group AIS Cayman Technology Group AIS Cayman Technology Group Vecow Co., Ltd. Vecow Co., Ltd. Ennoconn International Investment Co., Ltd.	Innovative Systems Integration Ltd. Ennoconn International Investment Co., Ltd. CASwell, Inc. Ennoconn Investment Holdings Co.,Ltd AIS Cayman Technology Group Ennoconn Solutions Singapore Pte. Ltd. Victor Plus Holdings Ltd. AIS Cayman Technology Group Kontron AG Ennoconn Hungary Kft. American Industrial Systems Inc. Vecow Co., Ltd. Ennoconn México, S. de R.L. de C.V. Ennoconn Chile SpA Ennoconn Peru, S.A.C. Vecow Japan Co., Ltd. Nera Telecommunications FZ-LLC Goldtek Technology Co., Ltd.	Hong Kong Taiwan Taiwan Samoa Cayman Islands Singapore Seychelles Cayman Islands Austria Hungary USA Taiwan Mexico Chile Peru Japan United Arab Emirates Taiwan	Professional investment Professional investment Electronic components, computer and peripheral equipment manufacturing, electronic material wholesale, and information software services Manufacturing and Marketing of Industrial Computers Professional investment Cloud Intelligent Services Import and export trading Professional investment Information system software and hardware integration service Manufacturing and Marketing of Industrial Computers Human-machine interface, industry 0, and other related products Communication machinery and equipment, electronic equipment, and electronic devices Marketing of Industrial Computers Marketing of Industrial Computers Marketing of Industrial Computers Communication machinery and equipment, electronic equipment, and electronic devices Sales, distribution, design, engineering, maintenance, installation and upkeep of telecommunications systems and products for transmission networks and information technology networks Wholesale and retail of telecommunications control RF equipment input and information software	1,952,933 8,010,000 1,031,800 9,588,707 230,586 1,004,753 - 299,638 5,579,502 2,514,400 47,145 51,251 - - - - 119 492,221	1,952,933 8,010,000 1,031,800 9,588,707 230,586 395,232 - 299,638 5,579,502 2,514,400 47,145 51,251 - - - 20,390 - 492,221	518,216,530 820,635,000 20,000,000 309,510,000 4,028,217 42,000,000 500,000 6,672,469 16,835,008 - 1,500,000 5,000,000 2,999 50,000 999 - 200 17,022,831	100.00% 100.00% 27.27% 100.00% 37.64% 100.00% 100.00% 62.36% 26.93% 100.00% 100.00% 100.00% 99.97% 100.00% 99.90% - 100.00% 56.74%	2,411,359 10,771,774 1,171,298 15,106,385 545,341 1,096,351 (8,330) 946,724 11,218,200 2,872,248 654,303 781,062 (3) 36 - - - 694,563	518,216,530 820,635,000 20,000,000 309,510,000 4,028,217 42,000,000 500,000 6,672,469 16,835,008 - 1,500,000 5,000,000 2,999 50,000 999 - 200 17,022,831	149,394 1,326,453 315,590 1,358,873 92,887 (74,712) (6,294) 92,887 4,963,582 105,119 4,336 101,871 (3) 36 - 15 - (393,140)	149,394 1,326,453 86,061 1,358,873 34,417 (74,712) (6,294) 58,470 1,288,045 105,119 4,336 101,871 (3) 36 - 15 - (223,078)

〜 128 〜

Name of Investor	Name of Investee	Location	Main business activities	Original investment amount	Original investment amount	Amount held at the end of theperiod	Amount held at the end of theperiod	Amount held at the end of theperiod	Highest shareholding ratio during theperiod	Net income (loss) of the investee company for the period	Investment income (loss) recognized for theperiod	Remarks
				End of the currentperiod	End of the previousyear	Number of Shares	Ratio(%)	Carrying Amount
Ennoconn International Investment Co., Ltd. Ennoconn International Investment Co., Ltd. Ennoconn International Investment Co., Ltd. Ennoconn International Investment Co., Ltd. Ennoconn International Investment Co., Ltd. Ennoconn International Investment Co., Ltd. Ennoconn International Investment Co., Ltd. Ennoconn International Investment Co., Ltd. Ennoconn International Investment Co., Ltd. Ennoconn International Investment Co., Ltd. Ennoconn International Investment Co., Ltd. Ennoconn International Investment Co., Ltd. Ennoconn International Investment Co., Ltd. Ennoconn International Investment Co., Ltd. Ennoconn International Investment Co., Ltd. Ennoconn International Investment Co., Ltd. Ennoconn International Investment Co., Ltd. Ennoconn International Investment Co., Ltd. Ennoconn International Investment Co., Ltd. EnnoMech Precision (Cayman) Co., Ltd.	EnnoMech Precision (Cayman) Co., Ltd. EnnoMech Precision Co., Ltd. ENNOWYSE CORPORATION Thecus Technology Corp. Dexatek Technology Ltd. Marketech International Corp. POSLAB Technology Corp. RENOWN INFORMATION TECHNOLOGY CORP EnnoRise Corporation Ennoconn Solutions(Thailand) Co. Ltd. EnnoFill Power Co., Ltd. Ennotech Vietnam Company Limited Dudoo Ltd. CASwell, Inc. Kontron AG Ennoconn India Corporation Private Limited Rigo Global Co., Ltd. ARBOR Technology Corporation Ennowell Co., Ltd. HighAim Technology INC	Cayman Islands Taiwan Taiwan Taiwan Taiwan Taiwan Taiwan Taiwan Taiwan Thailand Taiwan Vietnam Cayman Islands Taiwan Austria India Taiwan Taiwan Taiwan Samoa	Professional investment Electronic components, computer and peripheral equipment manufacturing, electronic material wholesale, and information software services Research, design and sales of mobile payment, electronic signature, and information security products Electronic components, computer and peripheral equipment manufacturing, electronic material wholesale, and information software services Multimedia product R&D and design and manufacturing business Planning integration services for hightech industrial plants and process systems. Manufacturing, wholesale and sales of electronic and peripheral equipment Electronic components, computer and peripheral equipment manufacturing, electronic material wholesale, and information software services Other power generation, transmission and distribution machinery manufacturing General Trade Company Other power generation, transmission and distribution machinery manufacturing R&D, production, and sales of industrial computers Professional investment Electronic components, computer and peripheral equipment manufacturing, electronic material wholesale, and information software services Information system software and hardware integration service Global Supply Chain and Quality Management Center for IoT and AIoT Manufacturing, wholesale and retail of electronic equipment and peripherals Development, assembly, integration, processing, and manufacturing of industrial computer control board interface cards Intelligent building system integration, energy management services, cloud services Professional investment	147,798 100,722 95,029 102,000 238,404 4,924,648 132,317 29,345 60,000 4,829 5,000 169,574 25,000 194,620 476,795 19 32,000 296,000 9,000 172,865	448,861 - 95,029 102,000 274,704 4,924,648 132,317 29,345 60,000 4,829 5,000 154,438 - 149,500 263,363 - 32,000 296,000 9,000 340,803	13,800,000 1,000,000 10,400,000 10,200,000 13,543,999 83,468,613 9,100,000 2,960,000 6,000,000 1,000,000 500,000 - 628,413 3,839,000 1,012,508 4,250 1,066,667 16,000,000 4,050,000 5,500,000	67.65% 100.00% 100.00% 60.00% 53.11% 38.18% 70.00% 36.57% 60.00% 100.00% 100.00% 100.00% 44.94% 5.23% 1.62% 0.10% 26.23% 16.68% 30.00% 100.00%	515,775 109,145 (62,337) (45,433) 418,248 8,348,845 79,073 12,811 6,754 4,413 5,038 182,747 35,972 187,990 698,313 11 - 344,079 66,940 500,644	13,800,000 1,000,000 10,400,000 10,200,000 14,027,999 83,468,613 9,100,000 2,960,000 6,000,000 1,000,000 500,000 - 628,413 3,839,000 1,012,508 4,250 1,066,667 16,000,000 4,050,000 5,500,000	176,383 15,987 3,974 (1,714) 109,632 3,235,818 9,015 (1,404) (43,542) (37) 82 22,673 26,870 315,590 4,963,582 (3,527) (833) 49,067 75,636 158,088	131,321 8,423 2,763 (2,009) 51,396 1,319,003 6,310 (525) (26,125) (37) 82 22,673 11,019 15,860 66,409 (32) - 8,186 22,678 130,002

〜 129 〜

Name of Investor	Name of Investee	Location	Main business activities	Original investment amount	Original investment amount	Amount held at the end of theperiod	Amount held at the end of theperiod	Amount held at the end of theperiod	Highest shareholding ratio during theperiod	Net income (loss) of the investee company for the period	Investment income (loss) recognized for theperiod	Remarks
				End of the currentperiod	End of the previousyear	Number of Shares	Ratio(%)	Carrying Amount
EnnoMech Precision (Cayman) Co., Ltd. CASwell, Inc. CASwell, Inc. CASwell, Inc. CASwell, Inc. CASwell, Inc. Goldtek Technology Co., Ltd. Keenest Electronic Corp. Techno Precision Co., Ltd. T-Paragon Die Casting Co., Ltd. Goldtek Technology Co., Ltd. Goldtek Technology Co., Ltd. HighAim Technology Inc. HighAim Technology Inc. HighAim Technology Inc. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp.	EnnoMech Precision Co., Ltd. CASO, INC. Caswell International Investment Co., Ltd Caswell Americas,Inc Hawkeye Tech Co., Ltd. APLIGO Gmbh Keenest Electronic Corp. Techno Precision Co., Ltd. T-Paragon Die Casting Co., Ltd. T-pARagon Industrial (Thailand) Co., Limited NATIONGATE INTEGRATION (M) SDN. Ennovision Inc. FUNOLOGY INVESTMENT INC. ANDRIX INTERNATIONAL LIMITED Limeng (Cayman) Technology Co., Ltd. Marketech Integrated Pte. Ltd. Market Go Profits Pte. Ltd. (formerly Market Go Profits Ltd.) MIC-Tech Global Corp. Headquarter International Ltd. Tiger United Finance Ltd. Marketech Engineering Pte. Ltd.	Taiwan Japan Samoa USA Taiwan Germany Samoa Hong Kong Hong Kong Thailand Malaysia Taiwan Samoa Angola Cayman Islands Singapore British Virgin Islands South Korea British Virgin Islands British Virgin Islands Singapore	Electronic components, computer and peripheral equipment manufacturing, electronic material wholesale, and information software services Import and sales of network equipment and computer peripheral products. Overseas Investment Sales of Netcom Products Design and manufacturing of computers, networks and computing devices Hub and SI Service Professional investment Metal Stamping and Casting Industry Finance/Logistics Metal Stamping and Casting Industry Electronic Manufacturing Services Security surveillance video monitoring Cloud mechanical components Cloud mechanical components Professional investment Semiconductor Industry Automation Supply Investment Holding and Reinvestment General International Trade Industry Investment Holding and Reinvestment Investment Holding and Reinvestment Contracting of Engineering Services	- 27,062 101,135 92,460 602,041 60,275 1,037,190 320,976 30,291 236,476 4,467 90,000 31 28 11,001 385,534 1,299,429 19,147 42,475 46,475 31,162	12,451 27,062 101,135 92,460 602,041 60,275 754,320 320,976 30,291 221,445 4,467 90,000 31 28 - 331,732 1,299,429 19,147 42,475 46,475 31,162	- 1,881 3,205,760 3,000,000 9,096,667 24,000 33,000,000 7,500,000 7,500,000 236,000,000 600,000 6,000,000 1,000 900 350,000 16,936,958 40,119,104 131,560 1,289,367 1,410,367 1,337,763	- 99.00% 100.00% 100.00% 60.64% 66.67% 100.00% 40.30% 50.00% 100.00% 60.00% 52.17% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%	- 155,856 99,228 67,232 486,440 - 284,608 219,337 181,227 364,670 4,822 56,108 25,074 46,247 9,613 154,391 1,737,793 19,633 39,350 37,438 2,734	1,000,000 1,881 3,205,760 3,000,000 9,096,667 24,000 33,000,000 7,500,000 7,500,000 236,000,000 600,000 6,000,000 1,000 900 350,000 16,936,958 40,119,104 131,560 1,289,367 1,410,367 1,337,763	15,987 25,111 (44,229) (2,977) 47,252 (36,673) (175,264) 11,545 5,044 23,343 53 (43,712) 3,089 10,050 1,376 34,218 483,488 (1,782) 735 756 (281)	7,563 24,859 (44,229) (2,977) 28,456 (29,404) (175,264) 4,457 2,522 23,343 32 (25,871) 3,089 10,050 1,376 34,218 483,488 (1,782) 735 756 (281)

〜 130 〜

Name of Investor	Name of Investee	Location	Main business activities	Original investment amount	Original investment amount	Amount held at the end of theperiod	Amount held at the end of theperiod	Amount held at the end of theperiod	Highest shareholding ratio during theperiod	Net income (loss) of the investee company for the period	Investment income (loss) recognized for theperiod	Remarks
				End of the currentperiod	End of the previousyear	Number of Shares	Ratio(%)	Carrying Amount
Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp.	Marketech Integrated Manufacturing Company Limited MIC-Tech Viet Nam Co. Ltd., Marketech Co., Ltd. Marketech International Sdn.Bhd. Marketech International Corporation USA Spiro Technology Systems Inc. ADAT Technology Co., Ltd. PT Marketech International Indonesia Marketech Netherlands B.V. Glory Technology Service Inc. Mic Techno Co., Ltd. Smart Group Solutions Corp. Vertex System Corporation Bolite Co.,Ltd. MIC Healthcare Korea Co. Ltd., Marketech International Corp. Japan	Myanmar Vietnam Vietnam Malaysia USA USA Taiwan Indonesia Netherlands Taiwan Taiwan Taiwan Taiwan Taiwan South Korea Japan	Services of Automatic Production, Machinery and Components Trading, Installation, and Maintenance Business of various Factory Machinery Equipment and Peripheral Consumables Professional contracting and related maintenance services for engineering; purchase, sale and maintenance of machine tools; purchase and sale of cosmetics and daily necessities; production, development and implementation of software and programming services; installation services for industrial machinery and equipment Professional contracting and related maintenance services for engineering; sales of medical equipment Professional Contracting for Projects and Related Maintenance Services General International Trade Industry R&D , Application and Service of Information Software Trading of Machinery Equipments and Spare Parts Services for Machinery, Equipment, and Components Trading and installation services for computer and communication equipment Engaged in the sale of panel equipment and materials Smart Medical Diagnostic Equipment, AI Solutions, and Associated Hardware/Software Development and agency, "Import, Export, Sales, and Manufacturing of Medical Devices Purchase and sale of 5G wireless communication private network equipment (micro base stations and core networks) and IoT intelligent control gateways; operation and maintenance of DMP cloud object management platform and provision of software management platform, vertical IT and CT communication system integration services R&D, manufacturing and sales of precision laser-related modules and equipment, and provision of laser application solutions R&D, sales and professional technical services of medical devices and components; general international trade and import/export business International Trade, Professional Contracting for Projects and Related Maintenance Services	478,985 271,476 88,234 126,205 1,042,356 54,074 117,822 38,042 54,085 42,714 - 160,000 50,000 35,600 80,612 65,254	478,985 271,476 88,234 119,204 1,042,356 54,074 97,951 38,042 54,085 42,714 2,000 100,000 50,000 27,200 60,487 65,254	1,535,600 - - 16,871,250 33,450,000 1,000,000 6,129,379 1,199,000 1,200,000 6,208,320 - 16,000,000 5,000,000 2,912,000 7,000,000 30,000	100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 25.08% 99.92% 100.00% 29.24% - 100.00% 61.35% 36.40% 100.00% 100.00%	106,372 208,038 (9,744) 32,177 268,233 88,594 16,004 34,814 (442) 66,852 - 139,228 (944) 37,544 6,572 46,056	1,535,600 - - 16,871,250 33,450,000 1,000,000 6,129,379 1,199,000 1,200,000 6,208,320 200,000 16,000,000 5,000,000 2,912,000 7,000,000 30,000	(11,531) 2,574 (14,431) 9,555 (173,981) 2,089 (81,634) 1,124 (2,854) 10,566 (178) (27,002) (18,452) (33,930) (16,002) 5,908	(11,531) 2,574 (14,431) 9,555 (173,981) 2,089 (20,487) 1,124 (2,854) 3,089 (48) (27,002) (11,320) (12,543) (16,002) 5,908

〜 131 〜

Name of Investor	Name of Investee	Location	Main business activities	Original investment amount	Original investment amount	Amount held at the end of theperiod	Amount held at the end of theperiod	Amount held at the end of theperiod	Highest shareholding ratio during theperiod	Net income (loss) of the investee company for the period	Investment income (loss) recognized for theperiod	Remarks
				End of the currentperiod	End of the previousyear	Number of Shares	Ratio(%)	Carrying Amount
Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Marketech International Corp. Smart Group Solutions Corp. Market Go Profits Pte. Ltd. (formerly Market Go Profits Ltd.) Marketech Engineering Pte. Ltd. MIC-Tech Ventures Asia Pacific Inc. MIC-Tech Ventures Asia Pacific Inc. MIC-Tech Ventures Asia Pacific Inc. MIC-Tech Ventures Asia Pacific Inc. Russky H.K. Limited DuDoo Ltd. Ennoconn (Suzhou) Technology Co., Ltd. Ennoconn Solutions Singapore Pte. Ltd. Ennoconn Solutions Singapore Pte. Ltd. Ennoconn Solutions Singapore Pte. Ltd.	Advanced Technology Matrix United Radisen Co., Ltd. (Common share) Radisen Co., Ltd. (Preferred share) Marketech International Corporation Germany GmbH MIC Industrial Viet Nam Co., Ltd. Marketop Smart Solutions Co., Ltd. Marketech International (Thailand) Corp., Ltd. eZoom Information, Inc. MIC-Tech Ventures Asia Pacific Inc. Marketech Integrated Construction Co., Ltd. Russky H.K. Limited Mict International Limited Leader Fortune Enterprise Co., Ltd. Fortune Blessing Co., Limited PT Marketech International Indonesia Unieat Co., Ltd. ENNOCONN MALAYSIA SDN. BHD. Nera Telecommunications Ltd Ennoconn Australia Pty Ltd Ennoconn India Corporation Private Limited	USA South Korea South Korea Germany Vietnam Taiwan Thailand Taiwan Cayman Islands Myanmar Hong Kong Hong Kong Samoa Hong Kong Indonesia Taiwan Malaysia Singapore Australia India	Warehouse logistics services; sales agency business for semiconductor equipment, parts, consumables, and semiconductor materials. AI medical solutions and remote radiology medical platform AI medical solutions and remote radiology medical platform Equipment and component sales business; technical service business, Professional Contracting for Projects and Related Maintenance Services Assembly and Testing of Refrigeration Equipment on an OEM Basis. Sales and services of Smart medical components; general international trade and import/export business Professional Contracting for Projects and Related Maintenance Services, Sales of Medical Devices, General International Trade Industry, Services of Automatic Production, Machinery and Components Development, sale, consultancy and other services related to information system software and hardware applications; sale of medical equipment Investment Holding and Reinvestment Contracting of Engineering Services Investment Holding and Reinvestment Investment Holding and Reinvestment Investment Holding and Reinvestment Investment Holding and Reinvestment Trading of Machinery Equipments and Spare Parts Software Services Sales of industrial control equipment Sales, distribution, design, engineering, maintenance, installation and upkeep of telecommunications systems and products for transmission networks and information technology networks Sale of computers and peripherals Global Supply Chain and Quality Management Center for IoT and AIoT	60,960 12,454 73,208 68,355 39,567 30,600 4,739 44,930 1,293,932 27,083 34,551 - 8,990 45,985 32 108,906 75,333 423,214 64,604 14,876	60,960 12,454 73,208 16,934 39,567 30,600 4,739 44,930 1,293,932 27,083 34,551 132,282 8,990 45,985 32 - 10,589 423,214 64,530 -	2,000,000 87,803 188,961 200,000 - 3,060,000 3,999,998 5,000,000 40,016,604 92,000 833,000 - 303,000 500,000 1,000 9,000,000 1 230,791,464 3,000,000 40,807,500	68.97% 17.81% 24.56% 100.00% 100.00% 51.00% 100.00% 100.00% 100.00% 98.40% 100.00% - 31.43% 27.78% 0.08% 100.00% 100.00% 64.00% 100.00% 99.90%	67,747 (22,909) 87,541 51,694 15,467 24,575 4,144 79,747 1,734,457 2,437 32,416 - (928) 3,387 31 80,093 225,093 558,679 62,026 10,768	2,000,000 87,803 188,961 200,000 - 3,060,000 3,999,998 5,000,000 40,016,604 92,000 833,000 5,400,000 303,000 500,000 1,000 9,000,000 1 230,791,464 3,000,000 40,807,500	8,024 (89,282) (89,282) (14,320) (11,666) (9,903) (824) 18,365 484,511 20 6,523 55 2,343 (10,095) 1,124 27,636 41,447 (71,363) (614) (3,527)	5,534 (16,399) - (14,320) (11,666) (5,050) (824) 18,365 - - - - - - - 27,636 41,447 (44,528) (614) (3,495)

〜 132 〜

Name of Investor	Name of Investee	Location	Main business activities	Original investment amount	Original investment amount	Amount held at the end of theperiod	Amount held at the end of theperiod	Amount held at the end of theperiod	Highest shareholding ratio during theperiod	Net income (loss) of the investee company for the period	Investment income (loss) recognized for theperiod	Remarks
				End of the currentperiod	End of the previousyear	Number of Shares	Ratio(%)	Carrying Amount
Ennoconn Solutions Singapore Pte. Ltd. Ennoconn Solutions Singapore Pte. Ltd. Ennoconn Solutions Singapore Pte. Ltd. Ennoconn Australia Pty Ltd Nera Telecommunications Ltd Nera Telecommunications Ltd Nera Telecommunications Ltd Nera Telecommunications Ltd Nera Telecommunications Ltd Nera Telecommunications Ltd Nera Telecommunications Ltd Nera Telecommunications Ltd Nera Telecommunications Ltd Nera Telecommunications Ltd	Ennoconn Philippines Corporation EnnoAI Solutions Singapore Pte Ltd Ennoconn Japan Co., Ltd. Ennoconn New Zealand Limited Nera Networks (S) Pte Ltd Nera (Thailand) Limited Nera (Philippines), Inc. Nera Infocom (M) Sdn. Bhd. P.T. Nera Indonesia Nera Telecommunications (Australia) Pty Ltd Nera (Malaysia) Sdn. Bhd. Nera Telecommunications (Vietnam) Co., Ltd. Nera Telecommunications (Myanmar) Company Limited Nera Telecommunications (India) Pvt. Ltd.	Philippines Singapore Japan New Zeland Singapore Thailand Philippines Malaysia Indonesia Australia Malaysia Vietnam Myanmar India	Global R&D Center for IoT and AIoT Information Technology counsulting services Communication machinery and equipment, electronic equipment, and electronic devices Sale of computers and peripherals Sales, distribution, design, engineering, maintenance, installation and upkeep of telecommunications systems and products for transmission networks and information technology networks Sales, distribution, design, engineering, maintenance, installation and upkeep of telecommunications systems and products for transmission networks and information technology networks Sales, distribution, design, engineering, maintenance, installation and upkeep of telecommunications systems and products for transmission networks and information technology networks Sales, installation and upkeep of information technology equipment Sales, distribution, design, engineering, maintenance, installation and upkeep of telecommunications systems and products for transmission networks and information technology networks Sales, distribution, design, engineering, maintenance, installation and upkeep of telecommunications systems and products for transmission networks and information technology networks Sales, Installation and Maintenance of Communication Equipment Installation, Maintenance, Service and Repair of Information, Communication and Telecommunication Equipment Leasing and Maintenance Services Sales, distribution, design, engineering, maintenance, installation and upkeep of telecommunications systems and products for transmission networks and information technology networks	43,853 - 21,845 9,362 24,450 34,380 511,290 5,501 195,356 - 9,878 1,638 - 13,937	- - - - 24,450 34,380 511,290 5,501 195,356 14,401 9,878 1,638 3,252 13,937	799,998 - 9,990 50,000 1,000,000 210,000 252,500 500,000 3,990 - 1,100,000 - - 1,500,000	100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% - 100.00% 100.00% 0.00% 100.00%	37,542 - 14,690 8,902 59,561 (33,118) (310,192) 24,657 (80,686) - 184,000 (14,789) - (18,875)	799,998 - 9,990 50,000 1,000,000 210,000 252,500 500,000 3,990 - 1,100,000 - - 1,500,000	(5,177) - (5,670) (118) (32,821) (10,568) (64,958) 5,950 (107,238) (18) 18,773 (738) (17) -	(5,177) - (5,670) (118) (32,821) (10,569) (64,958) 5,950 (107,238) (10,126) 18,772 (738) (1,949) -

〜 133 〜

Name of Investor	Name of Investee	Location	Main business activities	Original investment amount	Original investment amount	Amount held at the end of theperiod	Amount held at the end of theperiod	Amount held at the end of theperiod	Highest shareholding ratio during theperiod	Net income (loss) of the investee company for the period	Investment income (loss) recognized for theperiod
				End of the currentperiod	End of the previousyear	Number of Shares	Ratio(%)	Carrying Amount
Nera Networks (S) Pte Ltd Nera Networks (S) Pte Ltd Nera Networks (S) Pte Ltd Nera Networks (S) Pte Ltd Nera Networks (S) Pte Ltd Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron AG Kontron America Inc. Kontron Austria GmbH Kontron Austria GmbH Kontron Beteiligungs GmbH Kontron Beteiligungs GmbH Kontron Beteiligungs GmbH Kontron d.o.o. Kontron d.o.o.	Nera Telecommunications AS Nera Telecommunications Maroc S.A.R.L AU Nera Telecommunications (Pakistan) (Private) Limited Nera Telecommunications FZ-LLC Nera Telecommunications Holding (Thailand) Co., Ltd. Kontron Bulgaria EOOD Kontron Services Romania S.R.L. Kontron Partner Hungary Kft. CBCX Technologies GmbH Kontron Austria GmbH Kontron Technologies GmbH S&T MEDTECH SRL Kontron Transportation GmbH Kontron AIS GmbH Kontron Beteiligungs GmbH Kontron d.o.o. Kontron Hungary Kft. Kontron SI d.o.o. Kontron America Modules, LLC Bsquare EMEA Ltd. Kontron Electronics AG suntastic.solar GmbH Kontron Europe GmbH Kontron Hartmann-Wiener GmbH Kontron Acquisition GmbH Kontron DOOEL IskraCom	Norway Morocco Pakistan United Arab Emirates Thailand Sofia, BG Bucharest, RO Budaörs, HU Linz, AT Engerwitzdorf, AT Linz, AT Bucharest, RO Vienna, AT Dresden, Germany Augsburg, DE Kranj, SI Budaörs, HU Ljubljana, Sl Delaware, USA Trowbridge, UK Rotkreuz, CH Bisamberg, AT Ismaning, DE Köln, DE Munich, DE Skopje, MK Almaty, KZ	Sales, distribution, design, engineering, maintenance, installation and upkeep of telecommunications systems and products for transmission networks and information technology networks Sales, distribution, design, engineering, maintenance, installation and upkeep of telecommunications systems and products for transmission networks and information technology networks Sales, distribution, design, engineering, maintenance, installation and upkeep of telecommunications systems and products for transmission networks and information technology networks Sales, distribution, design, engineering, maintenance, installation and upkeep of telecommunications systems and products for transmission networks and information technology networks Professional investment Industrial Transport Software Software Industrial Software Industrial Transport Software Industrial Telecom Software Telecom sales channel + support sales channel + support Software Industrial Industrial Aerospace Industrial Telecom Telecom	14,861 35,993 5,987 - 113 182,589 1,036,740 - 1,393,814 934,954 632,888 - 649,510 596,862 11,403,863 977,983 530,423 1,606,695 - 152,918 99,630 - 9,123,329 694,645 8,211,361 14,638 -	14,861 35,993 5,987 1,633 113 182,589 925,099 16,421 1,393,814 921,670 632,888 430,802 649,510 596,862 9,506,864 977,983 530,423 1,606,695 - 167,099 99,630 233,644 9,121,853 693,332 7,009,174 14,638 -	2,700,000 57,908 350,000 - 1,000 32,620 109,993 - 36,336 32,702 35,000 - 10,000,000 51,000 25,101 9,709,275 98,000 1,100,000 - 246,243 2,000,000 - 23,600,100 51,129 25,000 309,000 15,365,000	100.00% 100.00% 100.00% 0.00% 100.00% 100.00% 100.00% 0.00% 100.00% 90.00% 100.00% 0.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 0.00% 100.00% 100.00% 0.00% 100.00% 100.00% 100.00% 100.00% 100.00%	142,873 16,296 (139,348) - (626) 300,451 264,361 - 270,370 1,017,936 506,807 - 2,829,020 628,048 16,030,830 1,831,761 298,238 343,006 - (53,152) (82,584) - 5,355,944 553,415 8,223,975 27,391 (8,443)	2,700,000 57,908 350,000 - 1,000 - - - - - - - - - - - - - - - - - - - - - -	(1,165) (2,218) (2,354) 11,282 - 52,663 (13,992) 6,290 49,487 (88,314) 23,225 (2,435) 572,330 24,958 4,915,177 857 31,354 91,163 147,387 (37,180) (22,849) - (1,084,266) 85,512 34,857 3,333 (12,881)	(1,165) (2,218) (2,354) 11,282 - 52,663 (13,992) 6,290 49,487 (79,483) 23,225 (2,435) 572,330 24,958 4,915,177 857 31,354 91,163 147,387 (37,180) (22,849) - (1,084,266) 85,512 34,857 3,333 (12,881)
〜134〜

Name of Investor	Name of Investee	Location	Main business activities	Original investment amount	Original investment amount	Amount held at the end of theperiod	Amount held at the end of theperiod	Amount held at the end of theperiod	Highest shareholding ratio during theperiod	Net income (loss) of the investee company for the period	Investment income (loss) recognized for theperiod
				End of the currentperiod	End of the previousyear	Number of Shares	Ratio(%)	Carrying Amount
Kontron d.o.o.	OOO Iskratel Tashkent	Tashkent, UZ	Telecom	70	70	8,798,207	76.00%	18,560	-	7,029	5,342
Kontron d.o.o. Kontron Electronics GmbH Kontron Europe GmbH Kontron Europe GmbH Kontron Europe GmbH Kontron Europe GmbH Kontron Europe GmbH Kontron Europe GmbH Kontron Europe GmbH Kontron Europe GmbH Kontron Europe GmbH Kontron Leipzig GmbH Kontron Leipzig GmbH Kontron Solar GmbH Kontron Transportation España SL Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Kontron Transportation GmbH Katek GmbH Katek GmbH Katek GmbH Katek GmbH KATEK SE KATEK SE KATEK SE	JSC Iskra Technologies Kontron Electronics Kft. Kontron Asia Inc. Kontron Austria GmbH Kontron Electronics GmbH Kontron America Inc. Kontron Canada Inc. Kontron Asia Pacific Design Sdn. Bhd. Kontron Modular Computers S.A.S. Kontron UK Ltd. JUMPtec GmbH Katek LT UAB Kontron Automotive GmbH (formerly KATEK Dü sseldorf GmbH) Kontron Solar Bulgaria EOOD Kontron Public Transport Arce S.A.U. Kontron Transportation Sp. z o.o. Kontron Transportation España SL Kontron Transportion Portugal, Unipessoal LDA Kontron Transportation s.r.o. Kontron Transportation Deutschland GmbH Kontron Transportation France S.A.S Kontron Transportation UK Ltd. Kontron Public Transportation NV Kontron Transportation Schweiz AG Katek Hungary Kft. KATEK Czech Republic s.r.o. Kontron Canada Systems Inc. Kontron Solar GmbH beflex electronic GmbH KATEK Electronics Malaysia Sdn Bhd Katek GmbH	Yekaterinburg, RU Kapoly, HU Taipei, TW Engerwitzdorf, AT Großbettlingen, DE San Diego, USA Boisbriand, CA Penang, MY Toulon, France Chichester, UK Deggendorf, DE Panevezys, LT Düsseldorf, DE Saedinenie, BG Bilbao, ES Warsaw, PL Madrid, Spain Lisboa, Portugal Prague, CZ Neu-Isenburg, GE Paris, FR Harrow, UK Diegem, BE Ittigen, CH Györ, HU Horni, CZ Ontario, CA Memmingen, DE Frickenhausen, DE Kuala Lumpur, MY Grassau, DE	Telecom Industrial sales channel + support Industrial Industrial sales channel + support sales channel + support sales channel + support Aerospace Aerospace Industrial GreenTec Industrial GreenTec Transport Transport Transport Transport Transport Transport Transport Transport Transport Transport ODM ODM sales channel + support GreenTec Industrial ODM ODM	41,733 82,475 103,213 102,921 710,750 1,965,373 1,790,199 187,131 190,340 68,696 - - 314,978 9,433 280,440 368 18,081 29,705 180,810 43,099 549,810 18,319 518,580 - 177,120 26,781 473,573 553,500 621,248 - 843,638	41,733 82,475 103,213 101,445 710,750 1,965,373 1,790,199 187,131 190,340 68,696 - 7,380 314,978 9,433 280,440 368 18,081 29,705 180,810 43,099 549,810 18,319 518,580 - 177,120 26,781 473,573 553,500 621,248 19,558 845,091	760,000 3,713,620 13,000 3,634 102,150 2,137,040 50,000,200 44,581,102 344,503 300,821 - - 25,000 500,000 60,000 100,000 250,000 5,000 30,400,000 25,000 8,600,000 415,950 11,318,887 12,000,000 1,506,000 34,180,000 784,478 4,167,000 25,000 - 53,000	100.00% 100.00% 100.00% 10.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 0.00% 0.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 0.00% 100.00%	300,788 135,848 256,150 113,104 721,701 2,190,755 1,254,154 38,363 535,606 189,172 - - 154,399 476,878 320,831 (46,009) (2,366) 14,039 140,462 44,325 721,673 198,560 (15,578) 261,179 495,518 405,070 41,416 84,313 187,173 - 889,759	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	50,115 7,693 874 (88,314) 4,175 444,437 159,208 19,352 153,861 17,241 (4,559,038) (868) (4,607) 80,630 (1,180) (88) (88) 9,792 74,943 40,115 293,443 31,395 (19,899) (57,114) 9,910 67,787 (2,549) (413,228) (4,194) (2,244) (194,861)	50,115 7,693 874 (8,831) 4,175 444,437 159,208 19,352 153,861 17,241 (4,559,038) (868) (4,607) 80,630 (1,180) (88) (88) 9,792 74,943 40,115 293,443 31,395 (19,899) (57,114) 9,910 67,787 (2,549) (413,228) (4,194) (2,244) (194,861)

〜 135 〜

Name of Investor	Name of Investee	Location	Main business activities	Original investment amount	Original investment amount	Amount held at the end of theperiod	Amount held at the end of theperiod	Amount held at the end of theperiod	Highest shareholding ratio during theperiod	Net income (loss) of the investee company for the period	Investment income (loss) recognized for theperiod
				End of the currentperiod	End of the previousyear	Number of Shares	Ratio(%)	Carrying Amount
KATEK SE KATEK SE KATEK SE	Kontron eSystems GmbH(formerly eSystems MTG GmbH) Kontron Leipzig GmbH KATEK Singapore Pte. Ltd.	Stuttgart, DE Leipzig, DE Singapore, SGP	GreenTec GreenTec ODM	618,012 923 -	618,012 923 3,033	100,000 25,000 -	100.00% 100.00% 0.00%	694,521 128,845 -	- - -	166,553 (17,449) 4,320	166,553 (17,449) 4,320
Kontron Acquisition GmbH beflex electronic GmbH	KATEK SE KATEK Malaysia Sdn Bhd	Munich, DE Kuala Lumpur,MY	Industrial ODM	7,970,299 -	6,983,223 -	13,991,793 -	96.86% 0.00%	4,743,224 -	- -	(188,980) -	(183,042) -

Note 1: Calculated based on the financial statements of the investee company for the same period audited by the CPA and the shareholding ratio of the investing company.

Note 2: The investment income (loss) recognized for the period includes the amortization of the difference between the investment cost and equity.

Note 3: Kontron AG, Austria originally held 100% direct ownership of Kontron S&T AG, Germany. Due to an organizational restructuring, it now indirectly holds Kontron S&T AG, Germany through the establishment of Kontron Beteijigungs GmbH.

Note 4: The original investment amount in the information about the investee company is translated at the spot exchange rate at the end of the period of the Bank of Taiwan.

〜 136 〜

Ennoconn Corporation and its Subsidiaries: Information on Investment in Mainland China

For the Year Ended December 31, 2025

Table 8

(1) Name, major businesses, and related information about investees in Mainland China:

Name of investee company in Mainland China	Main business activities	Paid-in capital	Method of investment	The cumulative outward investment amount from Taiwan at the beginning of thisperiod	Investment amount exported or recovered thisperiod	Investment amount exported or recovered thisperiod	The cumulative outward investment amount from Taiwan at the ending of this period	Net income (loss) of investee company for the current period	Percentage of ownership directly or indirectly held by the Company	Highest shareholding or investment ratio during theperiod	Investment income (loss) recognized for the current period	Carrying amount of the investment at the end of theperiod	Investment income remitted back as of the end of theperiod
					Remittance	Recovery
Nanjing Asiatek Technology Co., Ltd. Ennoconn (Foshan) Investment Co., Ltd. Ennoconn (Suzhou) Technology Co., Ltd. Ennoconn (Kunshan) Technology Co., Ltd. Ennoconn Investment Co., Ltd. Suzhou Huake Visual Technology Co., Ltd. Zhongsheng Huachi New Energy (Suzhou) Co., Ltd. Suzhou Heguangshidu Intelligent Equipment Co., Ltd. Suzhou Zhongsheng Weiyun New Energy Technology Co., Ltd. Ennoconn Smart Link (Suzhou) Technology Co., Ltd. Kunshan Ennoconn Trading Co., Ltd. ENNOHSD (Suzhou) Technology Co.,Ltd. Beijing CASwell Ltd. HighAim Technology Inc. Top Leading Technology Inc,. Goldtek Technology (Shenzheng) Co., Ltd. Techno Precision (Shenzhen) Co., Ltd. T-Paragon Metal (Shenzhen) Co., Ltd. MIC-Tech (WuXi) Co., Ltd. Mic-Tech (Shanghai) Corp.	Engage in R&D, Sales of Software and Hardware Products, and provide Installation, Commissioning and Technical Consulting Share capital and funds investment R&D, production, and sales of industrial computers Intelligent technology development and hardware sales Investment and Financing services R&D and Consulting EV Chargers Technological development and hardware sales Sales of New Energy Vehicle Electrical Accessories Equipment sales and software development Sales of Electronic Components and Equipment Manufacture of intelligence vehicle equipment Production and Sales of Network Communication Products Design, R&D, and Production of various Molds, Servers and Communication Equipment Rental, Sales and After-sales Service of Intelligent and Machinery Equipment and its Accessories. Research and development, wholesale, processing, and related supporting operations for electronic products, smart home security systems, and equipment. Stamping/Assembly Zinc/Aluminum Alloy Die Casting Production and Sales of Semiconductor Devices, Intelligent Warehousing Equipment, Lighting Fixtures, Masks and Labor Protection Products Sales, commission agency, import and export of semiconductor industry and other industries' equipment, consumables, chemicals, parts and components, and other related supporting businesses; equipment installation and maintenance services; bonded area trade agency and business consultingservices.	94,290 499,523 1,901,515 17,260 225,000 16,200 19,125 57,159 4,500 23,400 22,500 3,143 119,434 628,600 4,500 817,180 91,998 20,000 801,465 259,015	(2) (3) (2) (3) (3) (3) (3) (3) (3) (3) (3) (2) (2) (2) (3) (2) (2) (2) (2) (2)	32,772 306,318 942,900 - 628,600 - - - - - - - 97,936 469,913 - 408,590 - - 644,315 15,715	- - - - - - - - - - - - - - - 408,590 - - - -	- - - - - - - - - - - - - - - - - - - -	32,772 306,318 942,900 - 628,600 - - - - - - - 97,936 - - 817,180 - - 644,315 15,715	(2,443) (14,168) 123,388 3,946 (5,757) (8,011) (10,111) 2,083 241 (4,992) 1,828 (68) (53,887) 146,523 (429) (187,616) (577) (1,872) (35,102) 242,059	100.00% 100.00% 100.00% 70.00% 100.00% 32.00% 40.00% 52.00% 99.00% 52.00% 100.00% 100.00% 26.65% 67.65% 67.65% 56.74% 22.87% 11.43% 38.18% 38.18%	100.00% 100.00% 100.00% 70.00% 100.00% 32.00% 40.00% 52.00% 99.00% 52.00% 100.00% 100.00% 26.65% 67.65% 67.65% 56.74% 22.87% 11.43% 38.18% 38.18%	(2,443) (14,168) 148,912 2,762 (5,757) (2,563) (4,044) 1,083 238 (2,596) 1,828 (68) (14,361) 99,123 (290) (106,458) (132) (214) (13,402) 92,418	205,157 501,425 1,996,854 13,267 185,666 - 7,148 40,245 4,702 9,470 24,400 3,156 35,025 596,381 550 37,215 (24,334) 20,595 6,050 240,030	- - - - - - - - - - - - - - - - - - - 419,505

〜 137 〜

Name of investee company in Mainland China	Main business activities	Paid-in capital	Method of investment	The cumulative outward investment amount from Taiwan at the beginning of thisperiod	Investment amount exported or recovered thisperiod	Investment amount exported or recovered thisperiod	The cumulative outward investment amount from Taiwan at the ending of this period	Net income (loss) of investee company for the current period	Percentage of ownership directly or indirectly held by the Company	Highest shareholding or investment ratio during theperiod	Investment income (loss) recognized for the current period	Carrying amount of the investment at the end of theperiod	Investment income remitted back as of the end of theperiod
					Remittance	Recovery
Shanghai Maohua Electronics Engineering Co., Ltd. MIC-Tech Electronics Engineering Corp. MIC-Tech China Trading (Shanghai) Co., Ltd. Macrotec Technology (Shanghai) Co. Ltd. Fortune International Corporation Comlab Beijing Radio Frequency Technology co. ltd. Kontron Technology Beijing Co. Ltd. Kontron Asia Embedded Design Sdn Bhd	Regeneration of exhaust drums, design, installation, commissioning and technical services for piping systems and related facilities used in the semiconductor manufacturing industry; equipment repair for semiconductor manufacturing industry. Mechanical and Electrical Installation Construction , Professional Decorative Construction Contracting, Professional Intelligent Building Construction Contracting, Professional Electronic Construction Professional Contracting and related Technical Services and Technical Consulting. Wholesale, commission agency, import and export, installation, maintenance and other related supporting businesses of chemical products, semiconductor and solar equipment consumables, machinery equipment and accessories; bonded area trade agency and business consulting services Wholesale, commission agency, import and export, and related supporting businesses of electronic products, instruments and meters, metal products, and electromechanical equipment; international trade, entrepôt trade, bonded area enterprise trade, and intra-area trade agency. Research and development, design, manufacturing, sales, installation, maintenance and technical services related to equipment and materials for semiconductors; supply chain and property management services; accommodation services for park management; venue rental, conference, exhibition, warehousing services Software and Solutions Sales channel and Support Sales channel and Support	18,858 553,765 47,145 30,075 56,574 66,728 33,884 -	(2) (2) (2) (2) (2) (2) (2) (2)	18,952 267,784 47,145 9,452 15,715 - - -	- - - - - - - -	- - - - - - - -	18,952 267,784 47,145 9,452 15,715 - - -	7,623 157,807 229,342 2,343 (10,108) - (41,077) (467)	33.22% 38.18% 38.18% 12.00% 10.61% 13.10% 28.55% 0.00%	33.22% 38.18% 38.18% 12.00% 10.61% 13.10% 28.55% 28.55%	2,532 60,251 87,563 281 (1,072) - (11,728) (133)	11,494 146,570 149,740 (356) 1,279 - 121,370 -	- 374,227 93,338 - - - - -

〜 138 〜

(2) Investment limit in Mainland China:

(2) Investment limit in Mainland China:
Company Name	Accumulated amount of remittance from Taiwan to Mainland China as of the end of theperiod	Approved investment amount by the Investment Commission of the Ministry of Economic Affairs	Ceiling on investments in Mainland China imposed by the Investment Commission of the Ministry of Economic Affairs
Ennoconn Corporation Goldtek Technology Co., Ltd. CASwell, Inc. Ennoconn International Investment Co., Ltd. Marketech International Corp.	1,910,590 1,140,684 97,936 340,803 1,231,742	4,004,899 1,140,684 97,936 561,480 2,412,591	16,635,325 1,048,006 2,156,678 6,463,065 9,715,751

Note 1: Investment methods are classified into the following three categories, just indicate the category:

(1)Directly invest in a company in Mainland China.
(2) Invest in Mainland China through a company in a third region (please specify the name of the company in the third region).
(3) Others

Note 2: In the 'Investment income (loss) recognized for the current period' column:

(1) It should be indicated if the investee is still in the incorporation stage and has not yet generated any profit or loss.
(2) Indicate the basis for investment income (loss) recognition in , which should be one of the following three categories:
A. The financial statements that are audited and attested by an international accounting firm which has a cooperative relationship with an accounting firm in R.O.C.
B. The financial statements that are audited and attested by the parent company's CPA in Taiwan.

C. Others

Note 3: The exchange rate is based on the spot average exchange rate of the Bank of Taiwan on December 31, 2025

Note 4: They are non-material associates whose financial statements are unaudited, which does not result in material impact.

〜 139 〜

AI assistant

ENNOCONN — Annual Report 2025

52557_rns_2026-04-29_4d9a1b68-678b-4c58-bf2b-6d4a1591bc32.pdf

Ennoconn Corporation and its Subsidiaries

Consolidated Financial Statements and Independent Auditors' Report

2025 and 2024

Notice to Reader

Table of Contents

Statement

Independent Auditors' Report

Board of Directors, Ennoconn Corporation:

Audit Opinions

Basis of audit opinion

Key Audit Matters

1. Evaluation of Goodwill Impairment

Explanation of key audit items:

The corresponding audit procedures:

Other Matters

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

Auditors’ Responsibilities for the Audit of the Consolidated Financial Statements

Ennoconn Corporation and its Subsidiaries

Consolidated Balance Sheet

December 31, 2025 and 2024

Ennoconn Corporation and its Subsidiaries

Consolidated statement of comprehensive income

For the Years Ended December 31, 2025 and 2024

Unit: NT$ thousand

Ennoconn Corporation and its Subsidiaries

Consolidated Statement of Changes in Equity

Equity Attributable to Owners of the Parent Company

Ennoconn Corporation and its Subsidiaries

Consolidated Statement of Cash Flows

For the Years Ended December 31, 2025 and 2024

Ennoconn Corporation and its Subsidiaries Notes to the Consolidated Financial Statements 2025 and 2024 (Unless otherwise specified, all amounts are in NT$ thousand)

1. Company History

2. Financial statements approval dates and procedures

3. Adoption of newly issued and revised regulations and interpretations

(3) The impact of IFRSs issued by the IASB but not yet endorsed by the FSC

4. Summary of significant accounting policies

Subsidiaries included in the consolidated financial statements

2. The subsidiaries included in these consolidated financial statements are:

The note of Ennoconn Corporation And Subsidiaries

(4) Foreign Currency

1. Financial Asset

(3) Financial assets at fair value through profit or loss

(7) Derecognition of Financial Assets

(11) Investment Property

(13) Lease

1. Lessee

2. Lessor

(14) Intangible assets

1. Recognition and measurement

(15) Impairment on Non-Financial Assets

(16) Provision for Liabilities

2. Cost of customer contracts

(18) Employee benefits

1. Defined contribution plans

(19) Government grants

(21) Income tax

(22) Business Combinations

(4) Revenue recognition

(5) Disposal of computer module business

6. Explanation of significant accounts

Financial assets mandatorily measured at fair value through profit or loss:

(5) Inventories

3. Goodwill

The note of Ennoconn Corporation And Subsidiaries

(3) Goodwill

(9) Changes in ownership interests in subsidiaries

2025:

2024:

(10) Loss of control over a subsidiary

1. Consideration received:

2. Loss of control over assets and liabilities:

3. Disposal of subsidiary losses:

4. Net cash outflow (outflow) from disposal of subsidiaries

3. Disposal of subsidiary losses:

(11) Subsidiaries with Material Non-Controlling Interests

The proportion of ownership interests and voting rights for non-controlling interests

(12) Property, plant, and equipment

ENNOCONN Annual Report 2025