GS — Interim / Quarterly Report 2025

Nov 11, 2025

Enterprise Co., Ltd. 3Q, 2025 Earnings Conference www.gs.com.tw Nov. 11, 2025

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Disclaimer

• This presentation is based on the information obtained from G-Shank Enterprise, included Business Forecasts, Development and Financial status. Please note that while the company has used its best efforts to make sure the accuracy and comprehensiveness of this presentation, all information shall be subject to the public financial information submitted to government authorities by the company. G-Shank is not responsible for the respective update changes or adjustments that might occur in the near future.

• This document may contain “forward-looking statements” and any non-historical information, including the company’s operating strategies, operating plans and future prospects, are forward-looking statements based on our assumptions about future operations and uncertain factors such as government regulations, economic changes, market trend... etc., so actual results may differ.

• This document shall not be considered as an inducement to buy or sell securities or other financial products.

About G-SHANK

Agenda

Operational Performance Current Status &Prospect Idea Exchange

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About G-SHANK

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Who We Are?

(TWSE: 2476)

Chairman: Yu-Huang Lin

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Capital: $2.1B (NTD)

Note: As of October 31, 2025, the number of shares that have not yet completed the registration change procedure is 6,710,000 shares.

CEO: Ying-Shou Lin

Est. 1973

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(Worldwide) 2,658 Employees 857 (TW)

Group Revenue Percentage

95%

Parts

Die 4%

OTHERS 1% (Transaction within the group)

THE LARGEST COMPANY DEDICATED TO PRECISION STAMPINGS IN ASIA

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*2025/1~9 Group Data

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Where We Are?

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Tianjin Suzhou Qingdao Wuhan Shanghai G-Long (Dongguan) Shenzhen Japan (Tokyo) G-SHANK AMERICA (TX) G-Bao (Shenzhen) Mexico Xiamen World Headquarters Thailand (Taoyuan, Taiwan) & Taiwan Bade Branch Malaysia & Taiwan Guanyin Branch Indonesia Global 1 Headquarters Service 15 Branch/ Factory 2 Office 18 *2025/1~9 Group Data

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How Did We Start? Vertical Integration

Stam in p g

2009 Electroplating Lines Est. 2010 Est. Insert-Molding Dept. 2010 Est. Japan Branch

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Industrial
& Others
3C
15%
75%
10%
Automotive
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1973 Founded 1984 Est. Design Center

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Others
10%
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2012 Est. Wuhan Branch

Est. 6S Policy

2012 Record High Die PO (209 sets/mo) 2012 Stamping, Electroplating,

1989 Est. Malaysia Branch

1994 Est. G-Shank Mexico & USA

Insert-Molding, Automatic Assembly Vertical Integration

1995 Est. Shanghai Branch

1996 ISO 9001 Certified

2018 Est. Automotive Market Div. Est. TPS & lean production 2023 ISO-14064 Certified

3C 90%

1998 Listed in Over-The-Counter

(The First Company in Metal Stamping Industry in TW)

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2024 Est. Guanyin Branch
ISO-45001 Certified
2025 Est. Philippines Branch
47%
3C
2025
2010
1~9
19%
Automotive
Global Growth 34%
Industrial
2001 Listed in TWSE (2476) & Others
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1998 Est. Thailand & Taiwan Bade Branches

~~1973 2000~~ Industrial & Others

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10%
Automotive 10%
3C
80%
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2001 Listed in TWSE (2476) 2001 Est. Dongguan, Xiamen, Suzhou, Qingdao Branches 2002 Est. Indonesia Branch 2004 Est. Tianjin Branch

2005 Est. Shanghai Precision Hardware Branch 2005 ISO14001 & ISO/TS16949 Certified

2006 Est. Shenzhen Branch 2007 Est. Shenzhen G-Bao Branch

*2025/1~9 Group Data

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One Stop Solution

(Hsinwu factory ships approximately 600 types of products per month)

Insert-molding

Stamping

Die Design

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x110 sets (Monthly Capacity)

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x40 (35 -110T)

x827 (10 - 400T)

• Servo Feeds

• AOI Machine Inspection

• 3D/CAD Design

• Design Database System

• AOI Machine Inspection

• Vertical, Horizontal Insert-molding Machine

Automated Assembly

Machining x550

Electroplating 4 Machines 8 Lines

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• Vertical CNC Machine

• Sawing Machine

(Dip plating, Brush plating, Spot plating)

• Jig Grinder

• E.D.M

• R J 45 Connector

• Profile Grinder

• Drilling E.D.M

• D-SUB Connector

• Wire E.D.M

• Precision E.D.M

Au (Gold) Sn (Tin)

• Automatic Laser Welding Machine

• Grinder

• Horizontal Profile Grinder

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• Automatic Silver Brazing Assembly

• Lathe

• Automotive Safety Device Assembly

• Milling Machine

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Ni (Nickel)
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*2025/1~9 Group Data

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One Stop Solution Example

Package Test Tool

Metal Stamping Gold Plastic Package Assembly Materials Parts Electroplating Insertion Test Tool G-SHANK InsertAutomated Raw Material Stamping Electroplating Finished molding Assembly Products Automated Plastic Electroplating Insert-molding Stamping Die Assembly Materials Line Machine Machine

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Total Sales by Region (based on customer’s region)

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43% 44% 48% JP
EURO 36%
48%
24%
2022 2023 2024 2025
U.S.
1~9
6%
28%
TW
26%
24% 24% 19%
9% 9% 6% 6% 2022 2023 2024 2025 OTHS
1~9 3%
22%
20%
19% 19%
2022 2023 2024 2025
1~9
2022 2023 2024 2025
5% 5% 4% 1~9
3%
2022 2023 2024 2025
2025/1~9 Group Data
1~9
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What Do We Do?

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19% Automotive
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• Regulators 2022: 13%

• Transmission Coolers 2023: 11% • GPS/ USB/ Charger Connectors 2022: 19% 2024: 10% • Airbag & Seat Belt 2023: 22% Connectors 2024: 22% • Air Conditioning • Fuses 2022: 20%

• Button Adaptors 2023: 16% • TPMS 2024: 17% • Headlight Parts • Anti-theft Systems • Automotive Camera Module 34% Industrial & Others 2022: 20% • Sensors 2022: 28% 2023: 21% • Relays

• No Fuse Breakers/ Switches 2023: 30% 2024: 19% • PLC 2024: 32%

• Timers

• Blood Sugar Testers

• Scalpels

• Semiconductor Lead Frames

• Furniture Parts

• Electronic Cigarettes

• •Jewelry industry

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2025/1~9 Group Data
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11%

Communications

• •Mobile Phones

• •ADSL

• •Internet Related

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19% PC/NB
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• I/O

• Type C

• USB

• HDMI

• FPC/FFC

• Memory Card • Board-to-board 17% Consumer Electronics •Appliances

• •Digital Cameras

• •Gaming Parts

• •Switches

• •Video Recorders

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Operational Performance

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Group Revenue

Net Profits after Tax

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OTHER REGIONS CHINA TAIWAN

(Attributable to owners of parent)

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(REVIEWED) (REVIEWED)
67.81
66.09 10.64
64.2 5.62%
15.0%
34.3%
23.67 57.46
20.01
19.44 54.33
▼ 15.3%
8.68
10.5%
21.7% 19.21
4.2%
55.7% 18.77
▼18.9%
6.75 56.9%
38.41
36.51 36.00 29.9% 6.48
33.8% 5.75
30.23
29.86
▼1.4%
125.6%
▼22.2%
26.3% 27.1%
▼16.0%
3.7%
▼27.9%
8.25 8.14 8.02 7.67
5.70
29.0% ▼1.2% ▼1.5% ▼4.4% ▼3.3%
2021 2022 2023 2024 2025 1~9
2021 2022 2023 2024 2025 1~9
UNIT：NT$ Hundred of Millions %：YoY
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COMPOSITE INCOME SHEETS		(REVIEWED) In Thousands of New Taiwan Dollars	(REVIEWED) In Thousands of New Taiwan Dollars
Items	2025/1~9	2024/1~9	Growth%
Sales revenue	5,432,901	4,914,859	10.5%
Operating costs	(3,816,081)	(3,298,631)	15.7%
Gross profit	1,616,820	1,616,228	0%
Gross profit%	29.8%	32.9%	-3.1ppts
Operating expense	(755,666)	(730,838)	3.4%
Net operating income	861,441	885,677	-2.7%
Gains from operations %	15.9%	18.0%	-2.1ppts
Non-operating income and expenses	70,767	354,617	-80%
Net interest income	145,004	156,961	-7.6%
Revaluation gains on financial assets	(68,134)	148,421	-145.9%
Foreign exchange gain	(37,356)	15,773	-336.8%
Income before tax	932,208	1,240,294	-24.8%
Tax expense	(266,705)	(339,920)	-21.5%
Income tax %	28.6%	27.4%	+1.2ppts
Profit (loss)	665,503	900,374	-26.1%
Profit (loss), attributable to owners of parent	574,833	797,306	-27.9%
Consolidated net income attributable to parent company %	10.6%	16.2%	-5.6ppts
Basic earnings per share	2.72	3.91	-30.4%

(REVIEWED) In Thousands of New Taiwan Dollars

BALANCE SHEETS

Items Cash& marketable securities	September 30, 2025 Amount % 5,580,964 45.0%	September 30, 2025 Amount % 5,580,964 45.0%	September 30, 2024	September 30, 2024
	Amount 5,580,964		Amount 5,881,936	%
				48.5%
Notes receivable and accounts receivable, net	1,663,732	13.4%	1,518,454	12.5%
Current inventories	879,111	7.1%	847,641	7.0%
Long-term investments	582,309	4.7%	530,782	4.4%
Property, plant and equipment	3,062,407	24.7%	2,845,736	23.5%
Right-of-use asset	301,397	2.4%	259,059	2.1%
Total assets	12,402,728	100.0%	12,123,864	100.0%
Total liabilities	3,545,574	28.6%	3,490,809	28.8%
Total equity attributable to owners of parent	8,240,920	66.4%	7,954,683	65.6%
Non-controlling interests	616,234	5.0%	678,372	5.6%
Total equity	8,857,154	71.4%	8,633,055	71.2%
Book value per share	38.0		37.9

CASH FLOW (REVIEWED) In Thousands of New Taiwan Dollars Items 2025/1~9 2024/1~9 Cash and cash equivalents at beginning of period 3,522,837 3,707,859 Net cash flows from operating activities 556,892 475,120 Capital expenditures (373,842) (1,415,578) Net cash outflow from investing activities (379,546) (1,407,064) Net cash outflow from financing activities (367,520) 770,501 Effect of exchange rate changes on cash and cash equivalents (120,359) 255,558 Cash and cash equivalents at end of period 3,212,304 3,801,974

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Current Status & Prospect

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Capital Expenditure Plan

 Guanyin Factory  Huizhou Factory  Philippines Factory	 Guanyin Factory  Huizhou Factory  Philippines Factory	 Guanyin Factory  Huizhou Factory  Philippines Factory	 Guanyin Factory  Huizhou Factory  Philippines Factory
Land Area	14,761 m2 (approx. 4,465.2 ping)	13,223 m2 (approx. 4,000 ping)	-
Building Area	30,669.8 m2 (approx. 9,277.61 ping)	23,140 m2 (approx. 7,000 ping)	6,120 m2 (Rented) (approx. 1,851 ping)
Capital Expenditure	NTD 1.55 Billions	RMB 80 Millions	USD 5 Millions
Overview	• Plant 1： Construction started on 2025/09/2 • Plant 2： Construction started on 2024/10/7	Expected to operate in 3Q~4Q, 2026	Expected to operate in 1Q, 2026

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■ Shanghai Capital Expenditure Plan

Land Area Building Area

Capital Expenditure Overview

Punch & PostProcessing Factory 6,168m[2] (approx. 1,866 ping) 18,175m[2] (approx. 5,498 ping four-story building) RMB 80 Millions Operations in Q3, 2027

Product warehouse & Factory

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Idea Exchange

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Progress of the New branch & Electroplating Project[(P.18)] Capital Expenditure Plan[(P.19)] Revenue Performance of 2025 Q2 Tariff-Inventor(Pull-in order & Inventory Digestion) Analysis of Gross Margin Factors, Gold Price Impact, and Cost pass-Through Outlook Product Line Outlook-Opportunities & Risk Prospect of 2025Q4 & 2026

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CORE VALUES

With kindness, integrity, courage, and responsibility as our foundation

We create value for customers, opportunities for employees, and benefits for society.

OUR VISION

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ir@mail.gs.com.tw

+886 3 477 5141

No. 1, Jiuzhou Rd., Hsinwu Dist., Taoyuan City, Taiwan 327401

G-SHANK Investors www.gshank.info/home/investors/

G-SHANK is dedicated to precision manufacturing, with the intention of becoming the leading brand of the industry.

Market Observation Post System (Code: 2476) https://mops.twse.com.tw/mops/web/index

-Thank You-