Code 6165

Lang Inc.

2025 Annual Report

Website for checking annual report:
https://mops.twse.com.tw

Company Website:
https://langinc.com.tw

Printed on May 29, 2026

I. Spokesperson, Acting Spokesperson, Title, & Contact information

Spokesperson: Wang, Yi-Heng/Chairmen

Acting Spokesperson: Chen, Hua-tze/Financial Manager

Tel: (02) 2731-0868

Email address: [email protected]

II. Company Address & Telephone:

Headquarters: 4F, No. 506, Section 5, Zhongshan North Road, Shilin District, Taipei City

Tel: (02) 2731-0868

III. Stock Transfer Agent & Contact Information

Name: Grand Fortune Securities

Address: 6F, No.6, Sec.1, Zhongxiao West Road, Zhongzheng District, Taipei City

Tel: (02) 2371-1658

URL: https://www.gfortune.com.tw

IV. Name, Firm, Address, Website, and Telephone Number of the CPA for the Most Recent Financial Report

Name of CPAs: Chi Meng-Chun, Yang Shu-Tze

Accounting Firm: KPMG Taiwan

Address: 68F, No.7, Sec. 5, Xinyi Rd., Xinyi District, Taipei City

Tel: (02) 8101-6666

Website: https://kpmg.tax.com.tw

V. Securities Listing & Trading Overseas/Information Available Overseas: None

VI. Company website: https://langinc.com.tw

One. Letter to Shareholders ... 1

Two. Corporate Governance Report

I. Information on Directors, Supervisors, President, Vice President, & Other Executives ... 6
II. Remuneration Paid to Directors, Independent Directors, Supervisors, President, and Vice President ... 14
III. Implementation of Corporate Governance ... 19
IV. Information on CPAs’ Audit Fees ... 66
V. Information on Changing of CPA ... 66
VI. Where the chairman, general manager, chief financial officer, or chief accounting officer have been employed by the accounting firm or its affiliates in the most recent year ... 66
VII. Changes in Share Transfer/Collateral by Directors, Supervisors, Management, & Shareholders with 10% Shareholdings or more in previous year and as of the publication date of this Annual Report ... 66
VIII. Relationship Information Among the Top Ten Shareholders ... 68
IX. Numbers & Total Percentage of Shares Reinvested in Another Company by Lang, Inc., its Directors, Supervisors, Management, & Directly/Indirectly Owned Subsidiaries ... 68

Three. Capital Raising

I. Capital and Shares ... 70
II. Status of Corporate Bonds ... 77
III. Issuance of preferred shares ... 78
IV. Issuance of depository receipts ... 78
V. Employee stock options ... 78
VI. Names of managers who have obtained employee warrants and names of employees who rank among the top 10 in terms of the number of shares that may be subscribed to receive employee warrants ... 78
VII. Status of restricted stock awards (RSA) ... 78
VIII. Names of managers and top ten employees acquiring new shares with restricted employee rights, and the circumstances under which they acquired such shares ... 78
IX. New Share Issuance Related to Mergers and Acquisitions ... 79
X. Implementation of fund application plans ... 79

Four. Operational Overview

I. Business Activities ... 81
II. Overview of the market, production and sales ... 90
III. Employment Information ... 95
IV. Information on environmental protection expenditure ... 95
V. Labor-management relations ... 96
VI. Cyber security management ... 97
VII. Important Contracts ... 98

Five. Financial Status, Operating Results Analysis, and Risk Management

I. Financial Status ... 100
II. Financial performance ... 101
III. Cash flow ... 102
IV. Impacts of major capital expenditures in the most recent year on financial operations 103
V. Main reasons for profit or loss, improvement plans, and investment plans for the next year: 103
VI. Risks and Assessment ... 105
VII. Other Important Matters ... 109

Six. Special Disclosure

I. Information on Affiliated Enterprises ... 110
II. Private Placement of Securities During the Most Recent Fiscal Year and Up to the Date of the Publication of This Annual Report ... 110
III. Other supplementary information ... 110

Seven. Any Events as Stated in Article 36, Paragraph 3, Item 2 of the Securities and Exchange Act That Have Occurred During the Most Recent Fiscal Year and Up to the Date of Publication of This Annual Report Which Significantly Affect Shareholders' Equity or Securities Prices ... 110

Lang Inc.
Letter to Shareholders

With the rapid development of the Internet and new media, online livestreaming has become a major trend in digital entertainment and social interaction. In response to this market opportunity, the Company acquired ShineRay Co., Ltd. (hereinafter referred to as “ShineRay”) in 2020. The Lang Live platform operated by ShineRay has become the Company’s primary source of revenue and core business. A brief report on the operating results for 2025 and the business plan for 2026 is set out below: The following is a brief report on the operating results for fiscal year 2025 and the business plan for 2026:

I. 2025 Business Report:

(I) Implementation Results of the Business Plan:

In 2025, in addition to continuing to deepen its livestreaming business, the Company also actively promoted a diversified business strategy and broadened its operational footprint, diversifying operational risks, and creating mid- to long-term growth momentum for the Company.

The consolidated operating revenue for 2025 amounted to $3,217,574 thousand, representing an increase of $369,411 thousand, or 12.97%, compared with $2,848,163 thousand in 2024.

In terms of cost and expense control, the Company continued to optimize its organizational structure and improve operational efficiency. Operating costs for 2025 amounted to $2,269,386 thousand, representing an annual increase of 4.42%, which was lower than the growth rate of revenue, driving gross profit to $948,188 thousand, an increase of 40.49% from the previous year.

Regarding operating expenses, through optimization of the workforce structure and tighter control over administrative expenses, operating expenses for 2025 amounted to $594,478 thousand, representing a decrease of 6.21% compared with 2024, with economies of scale gradually becoming evident.

Based on the foregoing, operating income for 2025 amounted to $353,710 thousand, representing an annual increase of 760.44%; profit before tax amounted to $361,946 thousand, representing an annual increase of 449.49%; and net profit for the year amounted to $316,384 thousand, representing an annual increase of 295.56%, demonstrating a significant improvement in overall profitability.

(II) 2025 Budget Implementation

The company did not prepare any financial forecasts for fiscal year 2025.

(III) Financial Revenue, Expenditure, and Profitability

Financial revenue and expenditure

Unit: NT$ thousand

Item	2024	2025	Increase (decrease) amount	Increase (decrease) %
Operating revenue	2,848,163	3,217,574	369,411	12.97%
Operating costs	2,173,231	2,269,386	96,155	4.42%
Gross profit	674,932	948,188	273,256	40.49%
Operating expenses	633,824	594,478	-39,346	-6.21%
Operating profit (loss)	41,108	353,710	312,602	760.44%
Non-operating net income and expenses	24,761	8,236	-16,525	-66.74%
Net income (loss) before tax	65,869	361,946	296,077	449.49%
Net income (loss)	79,983	316,384	236,401	295.56%

Profitability analysis

Item	2024	2025
Return on assets (%)	3.82	11.84
Return on equity (%)	6.74	21.03
Ratio of net income before tax to paid-in capital (%)	8.47	46.55
Net profit ratio (%)	2.81	9.83
Basic earnings per share ($)	1.04	4.02
Diluted earnings per share ($)	1.03	3.59

(IV)Research and Development

As our company has transformed to expand into internet technology and cultural creative industries, with internet livestreaming business as our main development axis, we invested NT$133,522 thousand in research and development expenses during fiscal year 2025 to continuously optimize our livestreaming platform and enhance our revenue and profitability.

II. 2026 Business plan summary

(I) Business Policy and Objectives

The Company will continue to focus on online live streaming as its core business, further strengthening digital content operations and platform monetization capabilities, enhancing technology applications and traffic integration, and solidifying its existing market foundation.

In addition to reinforcing its online live streaming business, the Company will continue to promote its diversified business strategy by integrating the traffic and community resources generated by streamers and viewers to develop businesses that are highly complementary to live streaming.

In terms of market expansion, the Lang Live platform operated by the Company's subsidiary, ShineRay Company, has established a stable market share foundation

in Taiwan's live streaming market. In 2026, in addition to continuing to deepen market penetration in Taiwan, the Company will actively evaluate and promote overseas market expansion, with priority given to Southeast Asia and Japan. The Company will prudently assess local regulations, market scale, and partnership resources as the driving force for the next stage of growth.

(II) Major Production & Marketing Policy

The Company focuses on internet technology businesses as its operational core. The important operating and sales policies for 2026 are as follows:

Strengthening the core competitiveness of live streaming: With the live streaming business as the core of the Group, the Company will continue to optimize platform technology, content innovation, and the streamer economy ecosystem to enhance user engagement and monetization capabilities. The Company will also continue to strengthen its overseas market expansion strategy to consolidate its long-term competitive advantages.

Core business and resource integration: The Company leverages livestreaming platforms and community resources to strengthen synergies among various business segments, enhance traffic generation and conversion efficiency, and concentrate resources on core businesses with growth potential in order to improve overall operating performance.

Through the above strategies, the Company aims to maintain its competitive advantages and create stable sources of revenue in a rapidly changing market environment.

(III) Expected Sales and the Basis thereof

The Company did not prepare financial forecasts for 2026 and therefore did not disclose expected sales volumes or related statistical information. Nevertheless, the Company will conduct rolling reviews and adjustments to its business strategies based on market development trends and operating performance in order to ensure stable growth in operating results.

III. Future development strategy

Building on its existing transformation achievements, the Company will continue to deepen its development model of "live streaming as the core with diversified business expansion." The key future strategies are as follows:

(I) To establish a live streaming-centered traffic ecosystem: The Company will continue to strengthen content innovation, data analytics, and technology application capabilities of its live streaming platform in order to enhance user engagement and conversion efficiency of paying users, while reinforcing the platform's economies of scale.

(II) To develop a cross-industry traffic monetization model: Based on its existing

livestreaming traffic, the Company will gradually build cross-industry traffic referral and integration mechanisms, extending the community resources accumulated through livestreaming to other industries with growth potential, thereby forming a replicable monetization model. In the future, the Company will continue to evaluate other industry opportunities with synergies to expand its business scope.

(III) To promote regional and international expansion: In addition to consolidating its leading position in the Taiwan market, the Company will prudently evaluate overseas market opportunities and prioritize expansion into regional markets with growth potential in digital entertainment. Through strategic cooperation or integration of local resources, the Company aims to reduce market entry risks and increase the probability of success.

(IV) To strengthen organizational upgrading and risk management mechanisms: As the Company develops diversified businesses, it will also strengthen its internal controls, legal compliance systems, and professional talent deployment, enhance its group-based operation and management capabilities and risk control standards, and ensure sustainable corporate development.

Through business diversification and traffic integration strategies, the Company will continue to optimize resource allocation and enhance overall operational resilience and long-term competitiveness.

IV. Effect of External Competition, Legal Environment, and Overall Business Environment

With the continuous advancement of digital technology and the widespread adoption of mobile devices, online streaming and social interaction have become one of the mainstream forms of entertainment and consumption. Competition within the livestreaming industry has become increasingly intense, with numerous market participants. Platform content innovation capabilities, streamer development mechanisms, and user engagement will become key factors affecting competitiveness. In the future, the integration of artificial intelligence applications, big data analytics, and precision marketing tools will help enhance the operational efficiency and monetization capabilities of livestreaming platforms.

With respect to the regulatory environment, in addition to continuing to comply with relevant industry laws and regulations, the Company has also strengthened its internal control systems and risk management mechanisms. The finance, business, and internal audit departments closely monitor the potential impact of policy and regulatory changes on the Company's operations. At present, there have been no material impacts on the Company's finance or business operations arising from changes in domestic or foreign regulations. The Company will continue to monitor relevant regulatory developments to ensure compliant operations and safeguard shareholders' equity.

The above report provides the Company's 2025 business overview, 2026 operation outlook,

future development strategies, and external environmental impact. We are deeply grateful for the support of all shareholders. The management team will continue to reinforce the Company's strengths, enhance competitiveness, provide customers with the best service, and look forward to continuing to generate the highest returns for shareholders.

We wish all our shareholders good health and all the best!

Wishing you good health and success in all endeavors!

Chairman: Wang, Yi-Heng Manager: Wang, Yi-Heng Chief Financial Officer: Chen, Hua-Tze

Two. Corporate Governance Report

I. Information on Directors, Supervisors, President, Vice President, & Other Executives

(I) Information of Directors and Supervisors

April 20, 2026

Title	Nationality/ Place of Registration	Name	Age and Gender	Date Elected/ Assume Office	Term Expires	Date First Elected	Shares Held When Elected		Shares Currently Held		Shares Currently Held by Spouse and Minors		Shares Held in Name of Others		Main Education & Professional Qualifications	Other Positions in the Company & Other Companies	Spouse/Within 2nd Degree Relative of Other Managing Officers, Directors, and Supervisors			Notes
							Shares	Shareholding Ratio	Shares	Shareholding Ratio	Shares	Shareholding Ratio	Shares	Shareholding Ratio			Title	Name	Relationship
Director	R.O.C.	Chanyeh Investment Co., Ltd.	-	June 7, 2023	As of June 6, 2026	June 15, 2020	12,000	0.02%	12,000	0.02%	0	0	0	0	-	-	None	None	None	None
Chairman	R.O.C.	Chanyeh Investment Co., Ltd. Representative: Wang, Yi-Heng	Male 51-60	June 7, 2023	As of June 6, 2026	June 15, 2020	0	0.00%	6,412,220	8.25%	0	0	12,000	0.02%	• Department of Finance, University of Southern California
• Co-founder of London Asia Capital plc
• Managing Director of London Asian Infrastructure Investment Bank	• Also serves as the President of the Company
• Chairman and General Manager of ShineRay Co., Ltd.
• Chairman of PalKai CO., LTD.
• Chairman of Hong Kong ShineRay Co., Ltd.
Chairman of Jye Tai Electronics
• Chairman of XIANG HAO a Company Limited
• Chairman of Perfect Drive Co., Ltd.	None	None	None	1.2
Director	R.O.C.	Yungmei Investment Co., Ltd.	-	June 7, 2023	As of June 6, 2026	June 27, 2017	26,000	0.03%	26,000	0.03%	0	0	0	0	-	-	None	None	None	None
Director	R.O.C.	Yungmei Investment Co., Ltd. Representative: Ma, Yang-rui	Male 61-70	June 7, 2023	As of June 6, 2026	December 8, 2020	0	0.00%	70,000	0.09%	0	0	0	0	• Master of Graphic Arts & Communications, National Taiwan Normal University
• Vice President, SETTV
• Executive Vice President, Eastern Broadcasting Company
• Senior Vice President, Asia Television Limited Hong Kong
• Chairman, CTi Television	• Chairman, Langlove Foundation	None	None	None	None

															Vice Chairman, ET New Media Holding Co., Ltd.
Director	R.O.C.	Yungmei Investment Co., Ltd. Representative: Li, Wan-yu	Female 41-50	June 7, 2023	As of June 6, 2026	March 30, 2018	0	0.00%	0	0.00%	0	0	26,000	0.03%	• Soochow University
• Chin Ting Futures Brokerage Co., Ltd.	Manager of FUTURE LEADING INVESTMENT PTE. LTD.	None	None	None	2
Independent Director	R.O.C.	Yen, Chi-Chin	Female 61-70	June 7, 2023	As of June 6, 2026	June 7, 2023	0	0.00%	0	0.00%	0	0	0	0	• Department of General Biology, Fu Jen Catholic University
• Ph. D., Department of Conservation Biology, University of California, Berkeley	Goldstein and Munger Professional Financial Consultant	None	None	None	None
Independent Director	R.O.C.	Tang, Tsung-Lin	Male 41-50	June 7, 2023	As of June 6, 2026	June 7, 2023	8,000	0.01%	8,000	0.01%	0	0	0	0	• Soochow University, Department of Chinese
• Producer, Golden Star Entertainment Co., Ltd.
• Producer, WildFire Entertainment Co., Ltd.
• Producer of How Kan Entertainment Production Co., Ltd.
• President of How Kan Entertainment Production Co., Ltd.	President, How Kan Entertainment Production Co., Ltd.	None	None	None	3
Independent Director	R.O.C.	Liu, Yu-wen	Female 41-50	June 7, 2023	As of June 6, 2026	June 29, 2018	0	0.00%	0	0.00%	0	0	0	0	• Department of Management, Chungyu Junior College of Business Management
• Sales Director, David's English Center/Taoyuan
• Director-in-charge, David's English Center/Taichung	Vice President of Finance, Li Guang Technology International Corp.	None	None	None	None
Independent Director	R.O.C.	Shih, Ching-hui	Female 61-70	June 7, 2023	As of June 6, 2026	June 15, 2020	0	0.00%	2,000	0.00%	0	0	0	0	• Certified Public Accountant at CROWN&CO., CPAs,
• Associate Professor, Department of Computer Science & Information Engineering, Asia University
• Adjunct Associate Professor, Department of Accounting Information, National Taichung University	• Adjunct Associate Professor, Department of Accounting Information, National Taichung University of Science and Technology
• Supervisor, Hwa Kang Arts School	None	None	None	None

															of Science and Technology • Public employee • National Open University • Fair Trade Commission • Ministry of Economic Affairs • Taipei City Government
Independent Director	R.O.C.	Chen, Hsiao-Chang	Male 61-70	2025.08.27	As of June 6, 2026	August 27, 2025	0	0.00%	0	0.00%	0	0	0	0	0	Department of Law, National Chung Hsing University • Director, Taoyuan City Field Division, Ministry of Justice Investigation Bureau • Director, Central Mobile Team, Ministry of Justice Investigation Bureau Office Director • Deputy Head, Taipei City Field Division, Ministry of Justice Investigation Bureau • Division Chief, Taxation Administration, Ministry of Finance Director • Head, Ministry of Justice Investigation Bureau • Research Fellow, Research Commission, Ministry of Justice Investigation Bureau	None	None	None

Note 1: The Company's Chairman concurrently serves as the President, in order to maintain customer relationship, business development and improve operating efficiency, and to enhance and strengthen the independence of the Board of Directors, the Company has been actively looking for suitable candidates.

At present, the Company has taken the following measures in response to strengthen the functions and supervisory functions of the Board of Directors.

(1) The 4 incumbent independent directors are professionals in finance, law, management, and business, respectively, with much working experience in corporate operations.
(2) Board members continue to receive training for better Board operations.
(3) When the directors were re-elected in 2023, the number of independent directors was increased. More than half of the directors were not concurrently serving as employees or managerial officers, in order to enhance the functions of the Board of Directors and strengthen the supervisory function.

Note 2: Director Wang, Yi-Heng holds $100\%$ of the equity interest in Chan Yeh Investment Company Limited; Director Li Wan-Yu holds $100\%$ of the equity of Yungmei Investment Co., Ltd.

Note 3: Independent Director Tang, Tsung-Lin resigned on June 5, 2025.

Note 4: Independent Director Chen, Hsiao-Chang assumed office following a supplementary election at the shareholders' meeting on August 27, 2025.

Alloy and the National Defense Council (2020)

(II) Major Institutional Shareholders:

Name of institutional shareholder	Major Institutional Shareholders:
Yungmei Investment Co., Ltd.	Li, Wan-yu (100.00%)
Chanyeh Investment Co., Ltd.	Wang, Yi-Heng (100.00%)

(III) Major shareholders of corporate shareholders who are corporate bodies: None.

(IV) Professional knowledge of directors and supervisors, board diversity policy, and independence

Information disclosure on the professional qualifications and independence of directors and supervisors:

Name\Criteria	Professional Qualifications & Experience (Note 1)	Status of Independence
Chan Yeh Investment Company Limited Representative: Wang, Yi-Heng	·Working Experience in Management, Commerce, & Other Business Operations. ·Co-founder of London Asia Fund Limited, Managing Director of London Asia Investment Bank. ·No criteria listed under Article 30 of the Company Act are applicable.	Spouse/Relative within 2 Degree of Other Directors.
Yungmei Investment Co., Ltd. Representative: Ma, Yung-rui	·Working Experience in Management, Commerce, & Other Business Operations. ·Mr. Ma has extensive practical experience in the media, digital platform, and entertainment industries, and has served in management and director positions at several related enterprises, with a thorough understanding of industry development trends and operational strategies. ·No criteria listed under Article 30 of the Company Act are applicable.	Spouse/Relative within 2 Degree of Other Directors.
Yungmei Investment Co., Ltd. Representative: Li, Wan-yu	·Working Experience in Management, Commerce, & Other Business Operations. ·Manager of FUTURE LEADING INVESTMENT PTE. LTD. ·No criteria listed under Article 30 of the Company Act are applicable.	Spouse/Relative within 2 Degree of Other Directors.
Yen, Chi-Chin	·Working Experience in Management, Commerce, & Other Business Operations ·Goldstein and Munger Professional Financial Consultant ·No criteria listed under Article 30 of the Company Act are applicable.	Spouse/Relative within 2 Degree of Other Directors.
Tang, Tsung-Lin (Note 2)	·Working Experience in Management, Commerce, & Other Business Operations ·Mr. Tang has extensive practical experience in the media and entertainment industries, and has served as a producer and in management positions at several related companies, with a thorough understanding of program production and industry operations. ·No criteria listed under Article 30 of the Company Act are applicable.	Spouse/Relative within 2 Degree of Other Directors.
Liu, Yu-wen	·Working Experience in Management, Commerce, & Other Business Operations.	Spouse/Relative within 2 Degree of Other Directors.

| | · Business Director at David American English Taoyuan Branch, Head of David American English Taichung Branch
· No criteria listed under Article 30 of the Company Act are applicable. | | |
| --- | --- | --- | --- |
| Shih, Ching-hui | · Working Experience in Management, Commerce, & Other Business Operations.
· Associate Professor at Department of Accounting and Information Systems, Asia University, Supervisor at Hwa Kang Arts School.
· No criteria listed under Article 30 of the Company Act are applicable. | Spouse/Relative within 2 Degree of Other Directors. | 0 |
| Chen, Hsiao-Chang (Note 3) | · Mr. Chen possesses professional expertise in law, taxation, and government oversight, and has extensive practical experience in public sector administration and investigations.
· He has previously held various managerial positions in investigation agencies and the Ministry of Finance, with a thorough understanding of regulatory compliance, audit investigations, risk management, and integrity inspections.
· No criteria listed under Article 30 of the Company Act are applicable. | Spouse/Relative within 2 Degree of Other Directors. | 0 |

Note 1: Professional qualifications and experience: Specify the professional qualifications and experience of each individual director and supervisor. For members of the Audit Committee possessing accounting or financial expertise, their accounting or financial background and work experience shall also be specified. In addition, state whether none of the circumstances set forth in the subparagraphs of Article 30 of the Company Act apply.

Note 2: Independent Director Tang, Tsung-Lin resigned on June 5, 2025.

Note 3: Independent Director Chen, Hsiao-Chang assumed office following a supplementary election at the shareholders' meeting on August 27, 2025.

2. Diversification and independence of the Board of Directors

(1) Diversification of Board Members:

To strengthen corporate governance and promote sound development of board composition and structure, Article 20 of our Corporate Governance Best Practice Principles mentions the "Policy on Board Member Diversity." The policy states: The composition of the board should consider diversity. In addition to ensuring that directors who concurrently serve as company managers should not exceed one-third of board seats, the company should formulate appropriate diversity guidelines based on its operations, business model, and development needs. These guidelines should include, but not be limited to, standards in the following two major dimensions: basic conditions and values (such as gender, age, nationality, and culture), and professional knowledge and skills (such as legal, accounting, industry expertise, finance, marketing, or technology), professional competencies, and industry experience.

A. Implementation of diversity among board members:

The diversity of our company's board has achieved a target of having at least one-third of board seats occupied by directors of each gender.

Currently, we have 7 directors, and the implementation of diversity among all directors is as follows:

The ratio of female directors is 57% and that of male directors 43%.
Independent directors accounted for 57%, and independent directors did not serve more than 3 terms.
Four directors are aged 61–70 (including one who assumed office following a

supplementary election at the shareholders' meeting on August 27, 2025), one director is aged 51-60, and three directors are aged 41-50 (including one who resigned on June 5, 2025).

Diversity of the board members

B. Board member diversity policy - Specific management goals and achievements:

Name of director	Gender	Age	Core Diversified Items
			Finance/Accounting	Law	Industry	Capability for Operation Judgment	Capability for Business Administration	Capability for Crisis Management	Industrial Knowledge	Knowledge of International Markets	Capability to Lead and Make Decisions
Director	Wang, Yi-Heng	Male	51-60	V		V	V	V	V	V	V	V
	Chairman Ma, Yung-rui	Male	61-70	V	V	V	V	V	V	V	V	V
	Li, Wan-yu	Female	41-50	V			V		V	V	V	V
Independent Director	Liu, Yu-Wen	Female	41-50	V			V	V	V	V		V
	Shih, Ching-hui	Female	61-70	V			V		V	V		V
	Yen, Chi-Chin	Female	61-70	V	V	V	V	V	V	V	V	V
	Tang, Tsung-Lin	Male	41-50	V	V		V	V	V	V	V	V
	Chen, Hsiao-Chang	Male	61-70	V	V		V	V	V	V	V	V
Management Goals	Achievements
---	---
The consecutive terms of more than 1/2 Directors would not exceed 3 terms.	Achieved
At least one director would specialize in finance/accounting.	Achieved
There would be at least 4 independent directors.	Achieved
More than half of the board seats should be occupied by directors who do not have spousal relationships or relationships within the second degree of kinship with other directors.	Achieved
Appropriate Diversity of Professional Knowledges & Expertises	Achieved

(2) Status of Board Independence:

In 2023, our company conducted a comprehensive re-election of directors (including

independent directors). The current board structure consists of 4 independent directors and 3 regular directors, with independent directors accounting for 57% of the board. All independent directors comply with the regulations concerning independent directors as stipulated in the Securities and Exchange Act. None of the directors have spousal relationships or relationships within the second degree of kinship with other directors, which complies with Article 26-3, Paragraphs 3 and 4 of the Securities and Exchange Act. In addition, an Audit Committee has been established by all independent directors. It mainly oversees the quality and integrity of company financial statements; the hiring/dismissal and independence/performance of CPAs; effective internal control; regulatory compliance; management of existing/potential risks. For an overview of Audit Committee operations, please see "Part II of this annual report: Corporate Governance under III. Status of Corporate Governance, (II). Audit Committee Operations".

(V) Info on General Manager, Vice General Manager, Associate Manager, & Other Executives:
April 20, 2026

Title	Nationality	Name	Gender	Date Elected/ Assume Office	Shares Currently Held		Shares Currently Held by Spouse and Minors		Shares Held in Name of Others		Main Education & Professional Qualifications	Positions in Other Companies	Managers Related to Each Other As Spouse or Relatives within 2nd Degree			Notes
					Shares	Shareholding Ratio	Shares	Shareholding Ratio	Shares	Shareholding Ratio			Title	Name	Relationship
General Manager, Head of Domestic Sales Department and Chief Information Security Officer	R.O.C.	Wang, Yi-Heng	Male	August 12, 2020	,412,220	8.25%	0	0%	12,000	0.02%	· Department of Finance, University of Southern California
· Co-founder of London Asia Capital plc
· Managing Director of London Asian Infrastructure Investment Bank	· Chairman and General Manager of ShineRay Co., Ltd.
· Chairman of PalKai CO., LTD.
· Chairman of Hong Kong ShineRay Co., Ltd.
· Chairman of Jye Tai Electronics
· Chairman of XIANG HAO a Company Limited
· Chairman of Perfect Drive Co., Ltd.	None	None	None	1
Finance Manager and Corporate Governance Officer	R.O.C.	Chen, Hua-tze	Female	November 13. 2018	84,000	0.1%	0	0%	0	0%	· Manager of Top Management Consultant Co., Ltd.
· Orangebear International Co., Ltd.
· Master of Accounting, Tamkang University	None	None	None	None	None
Manager, Audit Office	R.O.C.	Wang, Sung-	Male	February 1, 2023	2,000	0.003%	0	0%	0	0%	· Chief Auditor, Microlife Corporation	None	None	None	None	None

At present, the Company has taken the following measures in response to strengthen the functions and supervisory functions of the Board of Directors.

(1) The 4 incumbent independent directors are professionals in finance, law, management, and business, respectively, with much working experience in corporate operations.
(2) Board members continue to receive training for better Board operations.
(3) Four of the board members are female directors, and more than half of the directors do not serve as employees or managers concurrently.

II. Remuneration Paid to Directors, Independent Directors, Supervisors, President, and Vice President

Remuneration to the general directors and independent directors (disclose the name and remuneration separately)

Unit: NTD thousand

Title	Name	Remuneration of directors							Ratio to Net Income of A+B+C+D	Compensation for Director Who Is Also Lang Inc. Employee								Ratio to Net Income of A+B+C+D+E+F+G	Receipt of compensation from invested businesses outside of subsidiaries or from the parent company.
		Base Compensation (A)		Severance Pay and Pension (B)		Director's Compensation (C)		Expenses for Providing Services (D)			Compensation, Bonus, & Allowance (E)		Severance Pay and Pension (F)		Employee Compensation (G)
		Lang Inc.	All Companies Listed in Financial Statements	Lang Inc.	All Companies Listed in Financial Statements	Lang Inc.	All Companies Listed in Financial Statements	Lang Inc.	All Companies Listed in Financial Statements	Lang Inc.	All Companies Listed in Financial Statements	Lang Inc.	All Companies Listed in Financial Statements	Lang Inc.	All Companies Listed in Financial Statements	Lang Inc.		All Companies Listed in Financial Statements		Lang Inc.	All Companies Listed in Financial Statements
Cash amount	Amount of Shares															Cash amount	Amount of Shares
Chairman	Chanyeh Investment Co., Ltd. Representative: Wang, Yi-Heng	0	0	0	0	0	0	36	36	0.01%	0.01%	10,610	16,211	0	0	9	0	9	0	3.46%	5.27%	None
Director	Chanyeh Investment Co., Ltd.	360	360	0	0	366	366	0	0	0.24%	0.24%	0	0	0	0	0	0	0	0	0.24%	0.12%	None
Director	Yungmei Investment Co., Ltd.	720	720	0	0	733	733	0	0	0.47%	0.47%	0	0	0	0	0	0	0	0	0.47%	0.47%	None

Title	Name	Remuneration of directors							Ratio to Net Income of A+B+C+D	Compensation for Director Who Is Also Lang Inc. Employee								Ratio to Net Income of A+B+C+D+E+F+G	Receipt of compensation from invested businesses outside of subsidiaries or from the parent company.
		Base Compensation (A)		Severance Pay and Pension (B)		Director's Compensation (C)		Expenses for Providing Services (D)			Compensation, Bonus, & Allowance (E)		Severance Pay and Pension (F)		Employee Compensation (G)
		Lang Inc.	All Companies Listed in Financial Statements	Lang Inc.	All Companies Listed in Financial Statements	Lang Inc.	All Companies Listed in Financial Statements	Lang Inc.	All Companies Listed in Financial Statements	Lang Inc.	All Companies Listed in Financial Statements	Lang Inc.	All Companies Listed in Financial Statements	Lang Inc.	All Companies Listed in Financial Statements	Lang Inc.		All Companies Listed in Financial Statements		Lang Inc.	All Companies Listed in Financial Statements
Director	Yungmei Investment Co., Ltd. Representative: Ma, Yung-rui	0	0	0	0	0	0	36	36	0.01%	0.01%	0	0	0	0	0	0	0	0	0.01%	0.01%
Director	Yungmei Investment Co., Ltd. Representative: Li, Wan-yu	0	0	0	0	0	0	33	33	0.01%	0.01%	0	0	0	0	0	0	0	0	0.01%	0.01%
Independent Director	Yen, Chi-Chin	360	360	0	0	366	366	54	54	0.25%	0.25%	0	0	0	0	0	0	0	0	0.25%	0.13%
Independent Director	Tang, Tsung-Lin	155	155	0	0	296	296	19	19	0.15%	0.15%	0	0	0	0	0	0	0	0	0.15%	0.06%
Independent Director	Liu, Yu-Wen	360	360	0	0	366	366	75	75	0.26%	0.26%	0	0	0	0	0	0	0	0	0.26%	0.14%
Independent Director	Shih, Ching-Hui	360	360	0	0	366	366	144	144	0.28%	0.28%	0	0	0	0	0	0	0	0	0.28%	0.16%
Independent Director	Chen, Hsiao-Chang	125	125	0	0	237	237	15	15	0.12%	0.12%	0	0	0	0	0	0	0	0	0.12%	0.05%
1. Policies, systems, standards, and structures for the remuneration of independent directors, and their linkage to the amount of remuneration based on factors such as responsibilities, risks, and time invested: The remuneration to the independent directors of the Company is based on Article 24 of the Articles of Incorporation. The Remuneration Committee will take into consideration their level of participation and contribution to the operation of the Company, and the reasonableness of the performance risk will be linked to the remuneration, and also refer to the general level of the industry, and submit to the Board of Directors for resolution. 2. The distribution of the 2025 directors' remuneration, NTD 3,733 thousand, was approved on March 12, 2026. However, the distribution has not yet been made. The proposed distribution for this year is calculated based on the actual distribution amount last year.

(I) Remuneration for supervisors: The Company has an Audit Committee and there are no supervisors, so this is not applicable.
(II) Compensation of the President and Vice Presidents (disclosed individually by name and compensation amount)

Unit: NTD thousand

Note 1: On March 13, 2025, it was approved the distribution of NTD 1,709 in cash as employee remuneration in 2024. As of the publication date of the annual report, the roster of employee remuneration has not yet been determined. It is calculated based on the actual amount distributed last year proposed distribution for this year.

(III) Compensation of the top five highest-paid executives of listed companies (disclosed individually by name and compensation amount)
Unit: NTD thousand

Title	Name	Salary (A)		Severance Pay and Pension (B)		Bonus and Allowance, etc. (C)		Employee Compensation Amount (D)				Ratio to Net Income of A+B+C+D (%)		Receipt of compensation from invested businesses outside of subsidiaries or from the parent company.
		Lang Inc.	All Companies Listed in Financial Statements	Lang Inc.	All Companies Listed in Financial Statements	Lang Inc.	All Companies Listed in Financial Statements	Lang Inc.		All Companies Listed in Financial Statements		Lang Inc.	All Companies Listed in Financial Statements
								Cash amount	Amount of Shares	Cash amount	Amount of Shares
Chairman & General Manager	Wang, Yi-Heng	10,610	16,211	0	0	0	0	9	0	9	0	3.46%	5.27%	None
Manager of Finance Department	Chen, Hua-tze	1,688	1,688	99	99	135	135	9	0	9	0	0.63%	0.63%	None
Manager, Audit Office	Wang, Sung-min	1,460	1,460	87	87	120	120	9	0	9	0	0.54%	0.54%	None
Manager, Finance Department	Chen, Hua-tze	1,460	1,460	87	87	120	120	9	0	9	0	0.54%	0.54%	None

(IV) Distribution of Employee Compensation Name of Managers and Distribution Status
Unit: NT$

	Title	Name	Cash Amount (Note)	Total	Ratio to Net Income (%)
Manager	General Manager	Wang, Yi-Heng	9,271	0.00%	9,271
	Manager of Finance Department	Chen, Hua-tze	9,192	0.00%	9,192
	Manager, Audit Office	Wang, Sung-min	9,192	0.00%	9,192

Note: On March 12, 2026, it was approved the distribution of NTD 6,367 in cash as employee remuneration in 2025. As of the publication date of the annual report, the roster of employee remuneration has not yet been determined. It is calculated based on the actual amount distributed last year proposed distribution for this year.

(V) Analyze the ratios to net income, disclosed in the consolidated or individual financial statement, of payments to directors, general manager, and vice genera manager by Lang Inc. and all companies listed in financial statements in the last 2 years.

Unit: NTD thousand

Item Title	Ratio of Compensation to Net Income				Increase (Decrease)
	2024		2025
	Lang Inc.	All Companies Listed in Financial Statements	Lang Inc.	All Companies Listed in Financial Statements	Lang Inc.	All Companies Listed in Financial Statements
Director	6.76%	6.76%	1.8%	1.8%	(4.96%)	(4.96%)
General Manager & Vice General Manager	14.34%	22.08%	3.46%	5.27%	(10.88%)	(16.81%)

(VI) Remuneration policies, standards & compositions, decision procedures, and linkage to performance & future risks:

A. Directors (including independent directors) receive fixed remuneration and attendance fees based on the Company's operational performance and future risk assumptions, with reference to general industry practices, and upon approval by the Remuneration Committee and the Board of Directors.

B. According to Article 27 of the Company's Articles of Incorporation, if the Company sets aside no more than 3% of its annual profits as the remuneration of directors, the Company shall prepare an earnings distribution table for approval by the Board of Directors and the shareholders' meeting before the distribution. The determination of the remuneration is closely related to the operating performance.

C. The salary of managerial officers includes fixed salary, performance bonus, and employee remuneration. The salary refers to the standard of the same industry as well as title, rank, academic background (experience), professional ability and responsibility; bonuses are distributed according to the contribution of each business group to the Company's profits; employees remuneration is determined based on individual managers' performance.

III. Implementation of Corporate Governance

(I) Board of Directors Meetings

A total of 11 board meetings were convened in 2025. The attendance record of each director is as follows:

Title	Name	Number of meetings required to attend (A)	Times of attendance in person (B)	By Proxy	Actual attendance rate (%) (B/A)	Notes
Chairman	Chanyeh Investment Co., Ltd.Representative: Wang, Yi-Heng	11	11	0	100%
Director	Yungmei Investment Co., Ltd.Representative: Ma, Yung-rui	11	11	0	100%
Director	Yungmei Investment Co., Ltd.Representative: Li, Wan-yu	11	11	0	100%
Independent Director	Tang, Tsung-Lin	4	2	0	50%	Resigned on June 5, 2025
Independent Director	Liu, Yu-Wen	11	10	0	91%
Independent Director	Shih, Ching-Hui	11	11	0	100%
Independent Director	Yen, Chi-Chin	11	11	0	100%
Independent Director	Chen, Hsiao-Chang	2	2	0	100%	Assumed office on August 27, 2025
Annotations: I. If the operation of the Board of Directors meets any of the following circumstances, the date and session of the Board of Directors, the contents of the motions, the opinions of all independent directors, and the Company's handling of the opinions of the independent directors should be stated (I) The matters listed in Article 14-3 of the Securities and Exchange Act:

Meeting Date	Material Resolutions	Opinions of Independent Directors	Implementation of Independent Directors' Opinions
2025.01.20 14th meeting of the 16th Board	1. The Board of Directors' proposal to repurchase treasury shares for transfer to employees. 2. The Company's purchase of an office building for business operations. 3. The Company's bank financing for operational working capital. 4. The case of fund lending by the Company's 100% owned subsidiary Jye Tai Electronics Ltd. to its subsidiary Wuhu Jye Tai Precision Industry Limited. 5. Formulation of the Company's "Human Rights Due Diligence Procedures." 6. Formulation of the Company's "Regulations Governing the Transfer of Repurchased Shares to Employees."	Approved as Proposed	Not applicable
2025.03.13 15th meeting of the 16th Board	1. The Company's 2024 Business Report, Consolidated and Parent Company Financial Statements, and Earnings Distribution Plan. 2. Change of certifying accountants for the Company's financial reports at KPMG. 3. The Company's appointment of accountants for fiscal year 2025, their remuneration, and assessment of their independence and competence. 4. The Company's 2024 Earnings Distribution Plan 5. The Company's 2024 "Internal Control System Effectiveness Review" and "Internal Control System Statement." 6. Partial amendments to the Company's "Articles of Incorporation." 7. Amendments to the Company's "Internal Control System." 8. Implementation status of the private placement of common shares and domestic secured convertible corporate bonds approved at the 2024 Annual Shareholders' Meeting. 9. The Company's Proposed Private Placement of Common Shares and Domestic Secured Convertible Corporate Bonds for 2025. 10. Distribution of directors' compensation and employee compensation for fiscal year 2024. 11. Amendments to the Company's "Regulations Governing the Transfer of Repurchased Shares to Employees." 12. The proposal for the donation made by the subsidiary, ShineRay Co., Ltd. to the "Langlove Social Welfare Charity Foundation." 13. Setting the convention of the Company's 2025 Annual Shareholders' Meeting.	Approved as Proposed	Not applicable
2025.04.11 1st extraordinary meeting of the 16th board	1. The Board of Directors' proposal to repurchase treasury shares for transfer to employees.	Approved as Proposed	Not applicable
2025.05.06 16th meeting of the 16th Board	1. Approval of the Company's consolidated financial statements for the first quarter of 2025. 2. Bank financing facility for the purchase of the Company's office building. 3. Capital increase by cash injection for subsidiary ShineRay Co., Ltd.	Approved as Proposed	Not applicable

| 2025.06.30
17th meeting of the
16th board | 1. Amendments to the ninth and tenth versions of the “Procedures for Transferring Repurchased Shares to Employees” and the transfer of repurchased shares to employees.
2. Distribution of remuneration to all directors in 2024.
3. Distribution of employee compensation for managers in 2024.
4. Lease of right-of-use assets to the Company’s subsidiary.
5. Proposal for supplementary election of independent directors of the Company.
6. Matters related to convening the Company’s first extraordinary shareholders’ meeting in 2025. | Approved as Proposed | Not applicable |
| --- | --- | --- | --- |
| 2025.08.01
18th meeting of the
16th board | 1. List of candidates for nominated independent directors.
2. Cancellation of non-compete restrictions for directors of the Company. | Approved as Proposed | Not applicable |
| 2025.08.11
19th meeting of the
16th board | 1. Approval of the Company’s consolidated financial statements for the second quarter of 2025.
2. The Company’s “2024 sustainability report.” | Approved as Proposed | Not applicable |
| 2025.09.05
20th meeting of the
16th board | 1. Appointment of a member of the Remuneration Committee. | Approved as Proposed | Not applicable |
| 2025.11.06
2nd extraordinary
meeting of the 16th
board | 1. Repurchase treasury shares for transfer to the Company’s employees. | Approved as Proposed | Not applicable |
| 2025.11.11
21st meeting of the
16th board | 1. Approval of the Company’s consolidated financial statements for the third quarter of 2025.
2. Non-assurance service expected to be provided by KPMG in 2026.
3. Approval of the Company’s audit plan for 2026.
4. Formulation of the Company’s “Personal Data Protection Management Regulations.”
5. Amendments to the Company’s “Procedures for Transactions with Related Parties.” | Approved as Proposed | Not applicable |
| 2025.11.21
3rd extraordinary
meeting of the 16th
board | 1. Repurchase treasury shares for transfer to the Company’s employees. | Approved as Proposed | Not applicable |
| (II) Other than the aforementioned matters, other Board resolutions with dissenting opinion or qualified opinion from any independent director by written or otherwise recorded statements: none.
II. Implementation of directors’ recusal due to proposals with conflicting interests:
(I) Regarding the proposal on June 30, 2025 for amendments to the ninth and tenth versions of the “Regulations Governing the Transfer of Repurchased Shares to Employees” and the transfer of repurchased shares to employees, as the proposal involved the interests of managerial officers, Director Wang Yi-Heng, recused himself from the discussion and resolution. The proposal was unanimously approved by the remaining directors present upon the inquiry of Acting Chairperson Independent Director Liu Yu-Wen.
(II) On June 30, 2025, regarding the proposal for distribution of compensation to all directors for fiscal year 2024: As this involved the interests of independent directors and directors, it was discussed and resolved in stages:
1. During the discussion of compensation distribution for independent directors for fiscal year 2024, all independent directors recused themselves from the discussion and resolution. The proposal was unanimously approved by the remaining directors present upon the chairperson's inquiry.
2. When the discussion on the distribution of directors’ remuneration for 2024 was conducted, Director Wang, Yi-Heng, Director Ma Yung-rui and Director Li Wan-yu recused themselves from the discussion and resolution. The proposal was unanimously approved by the remaining directors as inquired by the acting chairperson, Independent Director Liu Yu-wen.
(III) On June 30, 2025, regarding the proposal for distribution of employee compensation to managers for fiscal year 2023: As this involved the interests of managers, Director Wang, Yi-Heng, who holds a | | | |

managerial position, recused himself from the discussion and resolution. The proposal was unanimously approved by the remaining directors present upon the inquiry of Acting Chairperson Independent Director Liu Yu-Wen. III. A TWSE/TPEx listed company shall disclose the evaluation cycle and period, evaluation scope, method and evaluation content of the self-evaluation (or peer evaluation) of the Board of Directors, and fill in the implementation of the Board of Directors evaluation in the attached table:
Evaluation Cycle	Evaluation Period	Evaluation Scope	Evaluation Method	Evaluation Results
Once per year	January 1, 2025–December 31, 2025	Board of Directors	Board of Directors Self-assessment	I. Participation in the operation of the company. II. Improve the quality of the Board's decision-making. III. Composition and structure of the Board of Directors. IV. Election and continuing education of directors V. Internal control.
		Performance Evaluation of Individual Directors	Board Member Self-assessment	I. Alignment of the Company's goals and missions. II. Awareness of the duties of a director III. Participation in the operation of the company. IV. Internal relationship management and communication. V. Directors' professionalism and continuing education. VI. Internal control.
		Audit Committee Performance Evaluation	Audit Committee Internal Self-Assessment	I. Participation in the operation of the company. II. Understanding of Audit Committee responsibilities. III. Improving the quality of Audit Committee decision-making. IV. Audit Committee composition and member selection. V. Internal control.
		Performance evaluation of Remuneration Committee operations	Internal self-evaluation by the Remuneration Committee	I. Participation in the operation of the company. II. Understanding of Remuneration Committee responsibilities. III. Improving the quality of Remuneration Committee decision-making. IV. Remuneration Committee composition and member selection. V. Internal control.
(I) The assessment results of Board performance will be used as reference for electing Board members and those of individual director's performance will be used as reference for individual remuneration. (II) The evaluation results have been submitted to the first quarter Board meeting of 2026 (3/12) for reporting, to serve as a reference for continuously strengthening the Board's functions, and have been disclosed on the company website for investors' reference. IV. Goals for strengthening board functions in the current year and the most recent year (such as establishment of the Audit Committee and enhancement of information transparency) and evaluation of implementation status: The Company's Board of Directors operates in accordance with the “Rules of Procedure for Board Meetings”, and discloses major resolutions of the Board of Directors on the Market Observation Post System to achieve the requirements of information transparency.

(II) Composition and operation of the Audit Committee:

Audit Committee Member Information

Capacity	Criteria Name	Professional qualifications and experience	Status of Independence	Number of Other Public Companies Concurrently Serving as a Compensation Committee Member
Independent Director (Committee Chairman)	Liu, Yu-wen	Chairman of Compensation Committee. Department of Management, Chungyu Junior College of Business Management. Sales, David's English Center/Taoyuan. Director-in-charge, David's English Center/Taichung. Vice President of Finance, Li Guang Technology International Corp.	Committee chairman, his/her spouse, or relatives within 2nd degree is a director, supervisor, or employee of the Company or its subsidiaries: None. Committee chairman, his/her spouse, or relatives within 2nd degree (or in name of others) holds Company shares: None. Committee chairman is a director or supervisor, or being an employee of companies with specific relations with the Company (as prescribed in Article 6-1.5 - 8 of Regulations Governing the Establishment and Exercise of Powers by the Compensation Committee of a TWSE/TPEX Listed Company): None. Amount of remuneration received from providing commercial, legal, financial, accounting services to the Company or its affiliates in the last 2 years: None.	None
Independent Director	Shih, Ching-Hui	PH. D., Graduate Institute of International Business Administration, Chinese Culture University Associate Professor, Department of Computer Science & Information Engineering, Asia University Supervisor, Hwa Kang Arts School Adjunct Associate Professor, Department of Accounting, Chinese Culture University Associate Professor, Department of Computer Science & Information Engineering, Asia University Adjunct Associate Professor, Department of Accounting Information, National Taichung University of Science and Technology		None
Independent Director	Tang, Tsung-Lin	Working Experience in Management, Commerce, & Other Business Operations Producer, Golden Star Entertainment Co., Ltd. Producer, WildFire Entertainment Co., Ltd. Producer of How Kan Entertainment Production Co., Ltd. President of How Kan Entertainment Production Co., Ltd.		None
Independent Director	Yen, Chi-Chin	Working Experience in Management, Commerce, & Other Business Operations Goldstein and Munger Professional Financial Consultant		None
Independent Director	Chen, Hsiao-Chang	Mr. Chen possesses professional expertise in law, taxation, and government oversight, and has extensive practical experience in public sector administration and investigations.		None

Audit Committee Operations:
In 2025, the Audit Committee held 6 meetings (A), with independent directors' attendance as follows:

Title	Name	Number of attendances in person (B)	By Proxy	Actual attendance rate (%) (B/A)	Notes
Committee Chairman	Liu, Yu-wen	5	0	83%
Audit Committee members	Shih, Ching-hui	6	0	100%
Audit Committee members	Yen, Chi-Chin	6	0	100%
Audit Committee members	Tang, Tsung-Lin	1	0	33%	Resigned on June 5, 2025
Audit Committee members	Chen, Hsiao-Chang	1	0	100%	Assumed office on August 27, 2025
Annotations: I. If any of the following circumstances occur in the operation of the Audit Committee, the meeting date, session, proposal content, independent directors' objections, reservations or significant recommendations, Audit Committee resolution results, and the company's response to the Audit Committee's opinions shall be specified: None. (I) The matters listed in Article 14-5 of the Securities and Exchange Act and the implementation thereof:
Date	Proposal Content			Audit Committee Resolutions	Responses to Audit Committee Opinions by the Company
2025.01.20
11th meeting of the 2nd Audit Committee	1. The Board of Directors' proposal to repurchase treasury shares for transfer to employees.
2. The Company's purchase of an office building for business operations.
3. The Company's bank financing for operational working capital.
4. The case of fund lending by the Company's 100% owned subsidiary Jye Tai Electronics Ltd. to its subsidiary Wuhu Jye Tai Precision Industry Limited.
5. Formulation of the Company's “Human Rights Due Diligence Procedures.”			It was unanimously approved by all attending members.	It was unanimously approved by all attending members.

| 2025.03.13
12th meeting of the 2nd Audit Committee | 1. The Company's 2024 Business Report, Consolidated and Parent Company Financial Statements, and Earnings Distribution Plan.
2. Change of certifying accountants for the Company's financial reports at KPMG.
3. The Company's appointment of accountants for fiscal year 2025, their remuneration, and assessment of their independence and competence.
4. The Company's 2024 Earnings Distribution Plan
5. The Company's 2024 “Internal Control System Effectiveness Review” and “Internal Control System Statement.”
6. Partial amendments to the Company's "Articles of Incorporation."
7. Amendments to the Company's "Internal Control System."
8. Implementation status of the private placement of common shares and domestic secured convertible corporate bonds approved at the 2024 Annual Shareholders' Meeting.
9. The Company's Proposed Private Placement of Common Shares and Domestic Secured Convertible Corporate Bonds for 2025. | It was unanimously approved by all attending members. | It was unanimously approved by all attending members. |
| --- | --- | --- | --- |
| 2025.05.06
13th meeting of the 2nd Audit Committee | 1. The Company's 2024 Business Report, Consolidated and Parent Company Financial Statements, and Earnings Distribution Plan.
2. Change of certifying accountants for the Company's financial reports at KPMG.
3. The Company's appointment of accountants for fiscal year 2025, their remuneration, and assessment of their independence and competence.
4. The Company's 2024 Earnings Distribution Plan
5. The Company's 2024 “Internal Control System Effectiveness Review” and “Internal Control System Statement.”
6. Partial amendments to the Company's "Articles of Incorporation."
7. Amendments to the Company's "Internal Control System."
8. Implementation status of the private placement of common shares and domestic secured convertible corporate bonds approved at the 2024 Annual Shareholders' Meeting.
9. The Company's Proposed Private Placement of Common Shares and Domestic Secured Convertible Corporate Bonds for 2025. | It was unanimously approved by all attending members. | It was unanimously approved by all attending members. |
| 2025.06.30
14th meeting of the 2nd Audit Committee | 1. Transfer of repurchased shares to employees.
2. Lease of right-of-use assets to the Company’s subsidiary. | It was unanimously approved by all attending members. | It was unanimously approved by all attending members. |
| 2025.08.11
15th meeting of the 2nd Audit Committee | 1. Approval of the Company’s consolidated financial statements for the second quarter of 2025. | It was unanimously approved by all attending members. | It was unanimously approved by all attending members. |
| 2025.11.11
16th meeting of the 2nd Audit Committee | 1. Approval of the Company’s consolidated financial statements for the third quarter of 2025.
2. Non-assurance service expected to be provided by KPMG in 2026.
3. Approval of the Company’s audit plan for 2026.
4. Formulation of the Company’s “Personal Data Protection Management Regulations.”
5. Amendments to the Company’s “Procedures for Transactions with Related Parties.” | It was unanimously approved by all attending members. | It was unanimously approved by all attending members. |

(II) Other than the aforesaid matters, other resolutions not approved by the Audit Committee but approved by more

than two-thirds of all directors: None.

II. Implementation of independent directors' recusal due to conflict of interests and the independent director's name, the resolution, reasons for recusal, and the voting process should be stated: No such situation.

III. Communication Status between independent directors, internal auditing officer, and CPAs (including material matters communicated regarding Company finance, business operations, etc., the method of communication, and results.

(I) Communication between independent directors and CPAs:

Independent directors discussed with CPAs before voting on any proposals of major investments, financing schemes, or financial statements.

Date	Key Points Communicated	Execution Results
2025.03.13	1. Explanation of the type and scope of the audit conclusion to be issued. 2.The accountant's main audit procedures for the key audit matters. 3.The CPA's explanation of the results of the audited consolidated financial statements for the fourth quarter of 2024.	Regarding the CPA's opinions and recommendations, continuous monitoring has been maintained with regular progress and status reports to the board of directors.
2025.05.06	1.Explanation of the type and scope of the review conclusion to be issued. 2.The CPA's explanation of the content of the reviewed consolidated financial statements for the first quarter of 2025 compared to the previous period, along with internal control recommendations.	Regarding the CPA's opinions and recommendations, continuous monitoring has been maintained with regular progress and status reports to the board of directors.
2025.08.11	1. Explanation of the type and scope of the review conclusion to be issued. 2.The CPA's explanation of the content of the reviewed consolidated financial statements for the second quarter of 2025 compared to the previous period, along with internal control recommendations. 3. Updates on important Securities and Exchange regulations.	Regarding the CPA's opinions and recommendations, continuous monitoring has been maintained with regular progress and status reports to the board of directors.
2025.11.11	1. The accountant's main audit procedures for the key audit matters. 2.The CPA's explanation of the content of the reviewed consolidated financial statements for the third quarter of 2025 compared to the previous period, along with internal control recommendations. 3. Updates on important Securities and Exchange regulations.	Regarding the CPA's opinions and recommendations, continuous monitoring has been maintained with regular progress and status reports to the board of directors.

(II) Communication between the internal auditing officer and the Audit Committee:

At least once a quarter, the Audit Committee and the Board of Directors discuss the deficiencies discovered during the audit and the improvement of the situation.
Execute various project audits or further analyze the contents of the previous audit reports according to the instructions of the independent directors.
Communicate directly by phone or email.
The key points of the communication between the independent directors and the internal auditing officer and the follow-up results are as follows:

Date	Key Points Communicated	Execution Results
2025.01.02	Internal audit work report dated December 2024.	Audit results, suggestions, & conclusions reported by email

2025.01.20	Audit reports completed in current year submitted	Reports from Audit Committee and Board of Directors submitted
2025.01.21	Internal audit work report for January 2025.	Audit results, suggestions, & conclusions reported by email
2025.03.03	Internal audit work report for February 2025.	Audit results, suggestions, & conclusions reported by email
2025.03.14	Internal audit work report dated March 2025.	Audit results, suggestions, & conclusions reported by email
2025.05.06	Internal audit work report for April 2025.	Audit results, suggestions, & conclusions reported by email
2025.05.06	Audit reports completed in current year submitted	Reports from Audit Committee and Board of Directors submitted
2025.06.04	Internal audit work report for May 2025.	Audit results, suggestions, & conclusions reported by email
2025.06.27	Internal audit work report dated June 2025.	Audit results, suggestions, & conclusions reported by email
2025.06.30	Audit reports completed in current year submitted	Reports from Audit Committee and Board of Directors submitted
2025.07.30	Internal audit work report for July 2025.	Audit results, suggestions, & conclusions reported by email
2025.08.11	Audit reports completed in current year submitted	Reports from Audit Committee and Board of Directors submitted
2025.09.03	Internal audit work report for August 2025.	Audit results, suggestions, & conclusions reported by email
2025.10.01	Internal audit work report for September 2025.	Audit results, suggestions, & conclusions reported by email
2025.10.31	Internal audit work report for October 2025.	Audit results, suggestions, & conclusions reported by email
2025.11.11	Audit reports completed in current year submitted	Reports from Audit Committee and Board of Directors submitted

IV. The annual work focus of the Audit Committee:

(I) Regularly communicate the audit report results with the internal audit supervisor according to the annual audit plan.

(II) Communicate regularly with the Company’s CPAs regarding the auditing of each quarterly financial statements or the audit results.

(III) Review of financial statements.

(IV) Evaluation of the effectiveness of the internal control system.

(V) Offering or issuance of securities

(VI) Compliance with laws and regulations

(VII) Qualification, independence and performance evaluation of CPAs

(VIII) Appointment, dismissal or remuneration of CPAs

(IX) Self-evaluation questionnaire for Audit Committee performance

Review of financial reports: The Board of Directors has prepared the Company’s 2025 business report, financial statements, and earnings distribution proposal. KPMG was commissioned to audit the financial statements and issue the Audit Report. The above-mentioned business report, financial

statements and earnings distribution proposal have been reviewed by the Audit Committee and found no irregularities.

(III) Status of corporate governance and deviations from the Corporate Governance Best-Practice Principles for TWSE/TPEx Listed Companies and reasons thereof:

Assessment Item	Conduct			Differences from Corporate Governance Best Practice Principles for TWSE/TPEx Listed Companies & causes of difference:
	Yes	No	Summary
I. Has the Company established and disclosed its Code of Ethics and Business Conduct according to the “Corporate Governance Best Practice Principles for TWSE/TPEx Listed Companies”?	☑		The Company’s “Code of Ethics and Business Conduct” has been approved and revised by the Board of Directors and disclosed at Company website & MOPS.	None.
II. Shareholding Structure & Shareholders’ Rights
(I) Has the Company established Internal Operation Procedures for handling shareholders’ suggestions, concerns, disputes and litigation matters and implemented them accordingly?	☑		The Company has designated its spokesperson, acting spokesperson, and Department of Shareholders Services to handle shareholders’ suggestions, concerns, or disputes. Shareholders can check information and leave remarks on the Company website. Should there be any litigation matters, they will be handled by Company lawyers.	None.
(II) Does the Company possess a list of major shareholders and beneficial owners of these major shareholders?	☑		The Company tracks such information by following the Regulations Governing the Administration of Shareholder Services of Public Companies. It also commissions external institutions to help keeping track. Any shareholding changes of insiders (directors & managers) and shareholders holding 5% or more shares will be disclosed at MOPS monthly. The Company also keeps good relationship with investors.	None.
(III) Has the Company established and been maintaining risk management and a “firewall” against its affiliates?	☑		The Company has enacted “Procedures for Monitoring Subsidiaries” to establish and maintain risk management and a firewall against its affiliates.	None.
(IV) Has the Company established internal bylaws prohibiting insider trading of securities by capitalizing on undisclosed information?	☑		The Company has enacted “Procedures for Handling Material Information” & “Procedures for Preventing Insider trading”, prohibiting any insider trading by taking advantage of undisclosed information. The Company abides	None.

Assessment Item	Conduct
	Yes	No	Summary
			by these procedures when handling/disclosing material information. It also reviews these procedures to meet regulatory demands from time to time. These procedures can be found at Company website.
III. Composition & Responsibilities of Board of Directors
(I) Has the Board of Directors established a diversity policy, set specific management goals, and implemented them accordingly?	☑		According to Article 20-3 of the Company’s “Guidelines for Corporate Governance Practices”, the diversity factor should be considered when selecting Board members. Directors who are also company managers and should not exceed one third of total directors. These guidelines has also been established taking into account the Company’s operations, business type, and future development needs. Criteria for Board diversification include but are not limited to the following 2 major aspects:
I. Basic Qualification & Value: Gender, Age, Nationality, and Culture.
II. Professional Knowledge & Expertise: professional background (such as law, accounting, industry, finance, marketing, or technology), specific expertise, and industrial experience.

All Board members shall preferably possess necessary knowledge, skills and capacities for fulfilling their duties. To achieve the ideal goal of corporate governance, the Board of Directors as a whole should have the following capabilities:
I. Capability for operation judgment.
II. Accounting/financial analysis.
III. Capability for business administration.
IV. Capability for crisis management.
V. Industrial knowledge.
VI. Knowledge of international markets.
VII. Leadership skill.
VIII. Decision-making. | None. |
| (II) Is the Company willing to set | | ☑ | The Company has set up its Compensation | None. |

Assessment Item	Conduct
	Yes	No	Summary
up other functional committees other than a compensation committee and an audit committee stipulated by law?			Committee and Audit Committee. It will set up other functional committees when needed in the future.
(III) Has the Company established procedures and methods to assess Board performance, done regular assessments, reported assessment results to the Board, and used them to decide remuneration and reelection nomination for individual directors?	☑		The Company has enacted “Procedures for Assessment of Board Performance”. At least one such assessment will be done every year. Assessment results will be reported to the Board of Directors at the first Board meeting held after the assessment in the next fiscal year. Board performance is assessed on the following 5 aspects:
1. Participation in the operation of the company.
2. Improve the quality of the Board’s decision-making.
3. Composition and structure of the Board of Directors.
4. Election and continuing education of directors
5. Internal control.

Assessment of individual director’s performance covers the following 6 aspects:
1. Alignment of the Company’s goals and missions.
2. Awareness of the duties of a director
3. Participation in the operation of the company.
4. Internal relationship management and communication.
5. Directors’ professionalism and continuing education.
6. Internal control.

The Company has completed the self-evaluation of the Board of Directors in 2025 and submitted the evaluation result to the Board of Directors in the first quarter of 2026. The average achievement rate of the performance evaluation of board members is over 85%, and the efficiency | None. |

Assessment Item	Conduct			Differences from Corporate Governance Best Practice Principles for TWSE/TPEX Listed Companies & causes of difference:
	Yes	No	Summary
			and effect of each evaluation indicator is good.
(IV) Does the Company regularly evaluate its CPAs’ independence?	☑		The Company’s Audit Committee evaluates the independence and suitability of the CPAs annually. In addition to requiring CPAs to provide “Declaration of Independence” and “Audit Quality Indicators (AQIs)”, the audit is conducted in accordance with the standards in Note 1 and the 13 AQI indicators Evaluation. It was confirmed that the CPAs have no other financial interests or business relationship with the Company, and that the CPA’s family members do not violate the independence requirements. AQI indicator information is also used to confirm that the CPA and the firm have different experience and the training hours are better than the industry average. In addition, in the last 3 years, we will continue to introduce digital audit tools to improve the quality of audit. Quality. The evaluation results of the most recent year were discussed and approved by the Audit Committee on March 12, 2026, and were submitted to the Board of Directors’ resolution on March 12, 2026 to evaluate the independence and suitability of the CPAs. “Appendix I: Evaluation of CPA Independence and Competence.”	None.
IV. Does the Company appoint competent and a proper number of corporate governance personnel and appoint a corporate governance officer in charge of corporate governance affairs (including but not limited to furnishing information required by directors and supervisors to fulfill their duties, assisting directors and supervisor’s compliance of the law, handling matters related to Board meetings and shareholders’ meetings, and	☑		The manager of the finance department serves as the officer in charge of corporate governance of the Company, and is responsible for corporate governance-related affairs (including but not limited to providing directors and supervisors with the information needed to carry out their business, assisting directors and supervisors in complying with laws and regulations, and conducting the meetings of the Board of Directors and Shareholders’ Meetings in accordance with the law. matters, preparation of minutes of board meetings and shareholders’ meetings).	None.

Assessment Item	Conduct			Differences from Corporate Governance Best Practice Principles for TWSE/TPEX Listed Companies & causes of difference:
	Yes	No	Summary
recording minutes of Board meetings and shareholders' meetings)?
V. Has the Company established communication channels with its stakeholders (including but not limited to shareholders, employees, customers, and suppliers) and created a Stakeholders Section on the Company website? Does the Company appropriately respond to stakeholders' concerns over material corporate social responsibilities?	✓		There is a Stakeholders Section on the Company website for communicating with stakeholders and responding to FAQ, including those of corporate social responsibilities.	None.
VI. Has the Company appointed a professional stock transfer agent to handle matters regarding shareholders' meetings?	✓		The Company has appointed “Grand Fortune Securities” for matters regarding shareholders' meetings and other stock-related matters.	None.
VII. Information disclosure(I) Has the Company set up a website to disclose financial, business and corporate governance information?	✓		The Company’s website (https://langinc.com.tw/) has an investor section to disclose various announcements, financial business and corporate governance information. The information will regularly be updated for investors’ reference.	None.
(II) Has the Company adopted other means of information disclosure (e.g. setting up an English website, appointing dedicated personnel to collect and disclose information on the Company, implementing a spokesperson system, posting the process of investor conference on the Company's website, and so on)?	✓		The Company has designated appropriate staff for the disclosure of material information on the MOPS and Company websites. It has appointed spokespersons as required by relevant regulations. It holds regular/irregular investor conferences and disclose relevant information on the MOPS and Company websites.	None.
(III) Does the Company announce and report annual financial		✓	The Company follows regulations stipulated in the Securities and Exchange Act to announce and	No difference except that
income and income taxes are included in the information disclosure.			income and income taxes are included in the information disclosure.	income and income taxes are included in the information disclosure.
VIII. Is the Company responsible for the collection, disclosure, and/or reporting of financial, business and corporate information?	✓		There is a Stakeholder Section on the Company website for the collection, disclosure, and/or reporting of financial, business and corporate information. The information will be used to identify financial, business and corporate information.	None.
IX. Is the Company responsible for the distribution of information on the Company's website?	✓		The Company has the responsibility to distribute information on the Company's website. It is responsible for the distribution of information on the Company's website.	None.
X. Does the Company have the authority to provide information on the Company's website?	✓		The Company has the authority to provide information on the Company's website. It has the authority to provide information on the Company's website.	None.
XI. Has the Company have the authority to provide information on the Company's website?	✓		The Company has the authority to provide information on the Company's website. It has the authority to provide information on the Company's website.	None.
XII. Has the Company have the authority to provide information on the Company's website?	✓		The Company has the authority to provide information on the Company's website. It has the authority to provide information on the Company's website.	None.
XIII. Has the Company have the authority to provide information on the Company's website?	✓		The Company has the authority to provide information on the Company's website. It has the authority to provide information on the Company's website.	None.

Assessment Item	Conduct			Differences from Corporate Governance Best Practice Principles for TWSE/TPEX Listed Companies & causes of difference:
	Yes	No	Summary
statements within 2 months after the fiscal year ends, and announce and report the 1st, 2nd, and 3rd quarter’s financial statements as well as monthly operating status before the prescribed deadline?			report annual financial statements within 3 months after the fiscal year ends. As for quarterly financial statements and monthly revenues, all the announcements and reporting have been completed according to relevant regulations.	the financial statements were not reported within 2 months after the fiscal year ends.
VIII. Does the Company have other information to help with better understanding of its corporate governance practices (e.g. including but not limited to employee rights, employee wellness, investor relations, supplier relations, rights of stakeholders, directors and supervisors’ continuing education, implementation status of risk management policies and risk evaluation criteria, implementation status of customer relation policies, and purchase of liability insurance for directors and supervisors)?	☑		(I) Employee rights: The Company treats employees with integrity and protects the employees’ legal rights under the Labor Standards Act.
(II) Employee care: Establish a good relationship of mutual trust and interdependence with employees through a welfare system that provides employees with a fulfilling and stable life and a good education and training system. Such as: Annual health check, cultural and recreational activities from time to time, subsidies for continuing education courses, and more.
(III) Investor Relations and Stakeholder Rights: Our company has appointed a spokesperson as a communication channel with stakeholders, and has established dedicated sections for stakeholders and investors on our website. These sections disclose information about company finances, revenue, corporate governance, and stakeholder communication mechanisms (our company website is https://langinc.com.tw/). We also hold investor conferences periodically to inform investors about the company’s operational status and future development direction.
(IV) Supplier relations: The Company has established supplier management rules in its internal control system to ensure that the quality and price of suppliers meet the	None.

Assessment Item	Conduct
	Yes	No	Summary
			Company’s needs. Internal auditors regularly audit the implementation status.
(V) Continuing education/training of directors and supervisors: all the Company’s directors and supervisors possess professional backgrounds and business operation experience. They take specialized courses to strengthen their corporate governance capabilities. Please refer to Appendix II for details.
(VI) Implementation Status of Risk Management Policy & Risk Evaluation Criteria:
1. The Company regularly examines and evaluates fair market price changes of financial products it has invested in so as to identify all risks the Company may face (including market risk, credit risk, liquidity risk, and cash flow risk), and help its management team to effectively control and evaluate all these risks.
2. The goal of the Company’s risk management is to reach the optimal risk position, maintain an appropriate liquidity position, and centralize management of all market risks by properly taking into account the economic environment, competition situation, and market value risks.
(VII) Implementation Status of Customer Relation Policies: the Company has established for its customers a professional services team and smooth communication channels to maintain good and stable relations with them, understand and carefully resolve customers’ complaints, and protect users’ rights and interests.
(VIII) Purchase of Liability Insurance for Directors and Supervisors:
Our company has currently purchased

Assessment Item	Conduct
	Yes	No	Summary
			Directors and Officers Liability Insurance from Mingtai Fire & Marine Insurance Co., Ltd. for all directors and key managers. The insurance period is to July 20, 2026, with a total insured amount of US$3,000,000.
IX. Improvements made regarding results of Corporate Governance Evaluation announced by Taiwan Stock Exchange and proposals for further priority improvements.
The Company will continue to enhance the effectiveness of its Board of Directors for better functioning; conduct corporate governance assessment aiming at shaping a governance culture; establish a comprehensive platform for connections with stakeholders to promote shareholder activism; upgrade the disclosure quality of non-financial information; fulfill corporate social responsibilities; and increase information transparency.

Other material information regarding corporate governance:

Appendix I: Evaluation of the independence and suitability of the CPAs (contents of the evaluation)

The criteria are established by referring to Article 47 of the Certified Public Accountant Act and the 10th announcement on code of ethics by Taiwan CPA Associations on Integrity, Impartiality, and Independence.

Assessment Item	Assessment Results	Independence
1. Are the CPAs directly or indirectly but materially related to the Company’s financial interests?	No	Yes
2. Is there any financing or guarantee activities between the CPAs and the Company or its Directors?	No	Yes
3. Are there any close business relationship and potential employment relationship between the CPAs and the Company?	No	Yes
4. Do the CPAs and their audit team members currently serve or have served in the last 2 years as the Company’s directors, managers, or staff of material influence to the auditing work?	No	Yes
5. Are the CPAs providing non-audit services to the Company that may affect the auditing work?	No	Yes
6. Are the CPAs acting as agents of stocks or other securities issued by the Company?	No	Yes
7. Have the CPAs been defenders of the Company or acted on its behalf to negotiate disputes with third parties?	No	Yes
8. Are the CPAs related to any of the Company’s directors, managers, or staff of material influence to the auditing work?	No	Yes

Assessment of Competence

Assessment Item	Assessment Results
	Yes	No

Appendix II: Continuing Education/Training of Directors

Title	Name	Date	Number of Hours	Course Name	Host by
Director	Wang, Yi-Heng	September 8, 2025	6	CDP Corresponding IFRS S2 Issue Analysis and Advocacy Course Strengthening Climate Information Disclosure to Enhance Corporate Climate Resilience	Taiwan Stock Exchange
Director	Chairman Ma, Yung-rui	October 31, 2025	3	2025 Insider Trading Compliance Promotion Conference	Securities and Futures Institute
		November 27, 2025	3	Post-UNFCCC COP30 Nature Topic Observation and Nature-Positive Transition Seminar BCSD Nature and Biodiversity Initiative Platform	Bcsd Taiwan
Director	Li, Wan-yu	September 8, 2025	6	CDP Corresponding IFRS S2 Issue Analysis and Advocacy Course Strengthening Climate Information Disclosure to Enhance Corporate Climate Resilience	Taiwan Stock Exchange
Independent Director	Liu, Yu-Wen	February 21, 2025	3	Corporate Governance and Securities Regulations – Taiwan’s Sustainable Development Promotion Policies and Securities-Related Regulatory Requirements	Taiwan Corporate Management and Sustainable Development Association
		July 16, 2025	3	Sustainability Promotion Seminar—Taipei Session	Corporate Governance and Securities Regulations—Understanding Regulatory Supervision for Directors and Senior Executives of TWSE/TPEx Listed Companies
Independent Director	Shih, Ching-Hui	November 21, 2025	3	2025 Insider Trading Compliance Promotion Conference	Securities and Futures Institute
		November 4, 2025	3	Material Information Disclosure and Directors’ Legal Liabilities from the Perspective of Judicial Practice	Taiwan Corporate Governance Association
Independent Director	Yen, Chi-Chin	October 31, 2025	3	2025 Insider Trading Compliance Promotion Conference	Securities and Futures Institute
		February 21, 2025	3	Corporate Governance and Securities Regulations – Taiwan’s Sustainable Development Promotion Policies and Securities-Related Regulatory Requirements	Taiwan Corporate Management and Sustainable Development Association

Appendix III: Continuing education of the Company's governance officer

Title	Name	Date	Number of Hours	Course Name	Host by
Corporate Governance Officer	Chen, Hua-tze	July 25, 2025	3	2025 Insider Trading Compliance Promotion Conference	Securities and Futures Institute
		October 16, 2025	6	The 15th Taipei Corporate Governance Forum	Financial Supervisory Commission
		October 22, 2025	3	Director, Supervisor, and Corporate Governance Officer Series Course – Sustainable Financial Risk Management	Securities and Futures Institute

Appendix IV: Continuing education of chief accounting officer and chief auditing officer

Title	Name	Date	Number of Hours	Course Name	Host by
Manager of Finance Department	Chen, Hua-tze	December 4–5, 2025	12	Continuing Education Seminar for Principal Accounting Officers of Issuers, Securities Firms, and Securities Exchanges	Accounting Research and Development Foundation
Acting Accounting Officer	Lin, Yi-Wen	June 30, 2025	6	Workshop on Sustainability Information Preparation and Filing Practices	Accounting Research and Development Foundation
		December 29–30, 2025	12	Continuing Education Seminar for Principal Accounting Officers of Issuers, Securities Firms, and Securities Exchanges	Accounting Research and Development Foundation
Internal Audit Officer	Wang, Sung-min	August 4, 2025	6	Workshop on Sustainability Information Preparation and Filing Practices	Accounting Research and Development Foundation
		October 9, 2025	6	IFRS 18 “Presentation and Disclosure in Financial Statements” – Standards and Practical Analysis	Accounting Research and Development Foundation
Investment Accountant	Wang, Sang-min	August 16, 2025	6	Workshop on Sustainability Information Preparation and Filing Practices	Accounting Research and Development Foundation
		October 23, 2025	6	IFRS 18 “Presentation and Disclosure in Financial Statements” – Standards and Practical Analysis	Accounting Research and Development Foundation

(IV) The composition, duties and operation of the Remuneration Committee:

Information on Committee Members

Capacity	Criteria Name	Professional qualifications and experience
Independent Director (Committee Chairman)	Liu, Yu-wen	·Chairman of Compensation Committee.
·Department of Management, Chungyu Junior College of Business Management.
·Sales, David's English Center/Taoyuan.
·Director-in-charge, David's English Center/Taichung.
·Vice President of Finance, Li Guang Technology International Corp.	1. Committee chairman, his/her spouse, or relatives within 2nd degree is a director, supervisor, or employee of the Company or its subsidiaries: None.
2. Committee chairman, his/her spouse, or relatives within 2nd degree (or in name of others) holds Company shares: None.
3. Committee chairman is a director or supervisor, or being an employee of companies with specific relations with the Company (as prescribed in Article 6-1.5 - 8 of Regulations Governing the Establishment and Exercise of Powers by the Compensation Committee of a TWSE/TPEX Listed Company): None.
4. Amount of remuneration received from providing commercial, legal, financial, accounting services to the Company or its affiliates in the last 2 years: None.	None
Independent Director	Shih, Ching-Hui	·PH. D., Graduate Institute of International Business Administration, Chinese Culture University
·Associate Professor, Department of Computer Science & Information Engineering, Asia University
·Supervisor, Hwa Kang Arts School
·Adjunct Associate Professor, Department of Accounting, Chinese Culture University
·Associate Professor, Department of Computer Science & Information Engineering, Asia University
·Adjunct Associate Professor, Department of Accounting Information, National Taichung University of Science and Technology		None
Independent Director	Tang, Tsung-Lin (Note 1)	·Working Experience in Management, Commerce, & Other Business Operations
·Producer, Golden Star Entertainment Co., Ltd.
·Producer, WildFire Entertainment Co., Ltd.
·Producer of How Kan Entertainment Production Co., Ltd.
·President of How Kan Entertainment Production Co., Ltd.		None

| Independent Director | Yen, Chi-Chin (Note 2) | • Working Experience in Management, Commerce, & Other Business Operations
• Goldstein and Munger Professional Financial Consultant | | None |
| --- | --- | --- | --- | --- |

Note 1: Independent Director Tang, Tsung-Lin resigned on June 5, 2025.
Note 2: Independent Director Yen, Chi-Chin assumed office on September 5, 2025.

Responsibilities of the Remuneration Committee

(1) Regularly review the Company’s remuneration policies and propose amendments.
(2) Formulate and regularly review the policies, systems, standards and structures of the performance and remuneration of the Company’s directors and managers.
(3) Regularly evaluate the salaries and remunerations of the Company’s directors and managers.

Information on the operation of the Remuneration Committee

(1) The committee is comprised of 3 members.
(2) Current term of office: from June 7, 2023 to June 6, 2026
(3) In 2024, the Remuneration Committee held 3 meetings (A), and the attendance record of the committee members is as follows:

Title	Name	Number of meetings required to attend (A)	Times of attendance in person (B)	By Proxy	Actual attendance rate (%) (B/A)	Notes
Committee Chairman	Liu, Yu-wen	3	3	0	100%
Member of the Remuneration Committee	Shih, Ching-Hui	3	3	0	100%
Member of the Remuneration Committee	Tang, Tsung-Lin	2	1	0	50%	Resigned on June 5, 2025
Member of the Remuneration Committee	Yen, Chi-Chin	0	0	-	-	Assumed office on September 5, 2025

Information on Remuneration Committee meetings

Meeting Date	Discussion Subjects	Opinions of Committee Members	Actions Taken by the Company regarding Compensation Committee Opinions
January 20, 2025	Establishment of the Company's "Regulations Governing the Transfer of Repurchased Shares to Employees."	Unanimously passed by all attending committee members.	Recommendation submitted to one of the Board of Directors meetings and was


March 13, 2025	1. Distribution of directors' compensation and employee compensation for fiscal year 2024.
2. Amendments to the Company's "Regulations Governing the Transfer of Repurchased Shares to Employees."	Unanimously passed by all attending committee members.	Recommendation submitted to one of the Board of Directors meetings and was approved by all attending members.
June 30, 2025	1. Amendments to the ninth and tenth versions of the “Procedures for Transferring Repurchased Shares to Employees” and the transfer of repurchased shares to employees.
2. Distribution of remuneration to all directors in 2024.
3. Distribution of employee compensation for managers in 2024.	Unanimously passed by all attending committee members.	Recommendation submitted to one of the Board of Directors meetings and was approved by all attending members.

Annotations:
1. Remuneration Committee’s suggestions not adopted or amended by the Board of Directors: None.
2. Any resolution by the Remuneration Committee to which a member has a dissenting opinion or qualified opinion with record or written statements: None.
3. The Remuneration Committee’s discussion of matters and resolutions, and the Company’s handling of the members’ opinions: None.

(V) Implementation status of promoting sustainable development, and deviations from the Sustainable Development Best Practice Principles for TWSE/TPEX Listed Companies and the reasons.

Item	Implementation Status			Differences with the “Sustainable Development Code of Practice of TWSE/TPEX Listed Companies” and the causes
	Yes	No	Summary
I. Does the Company have a governance structure for sustainable development and a unit to specifically (concurrently) promote it while the Board of Directors authorizes senior management to be responsible for and the Board supervises the implementation?	V		The Company has established a governance framework for promoting sustainable development, with the Chairman serving as the highest-level supervisor responsible for overseeing climate change-related issues and matters, and coordinating various departments in promoting environmental, social, and corporate governance matters in accordance with the Company’s operational direction and material issues. The Finance Department serves as the sustainability promotion unit, responsible for the overall coordination of sustainability-related matters, data collection, and information compilation. Segment heads provide relevant implementation and performance data in accordance with their respective duties.The Finance Department regularly consolidates the implementation results and relevant indicators from each department and reports them to senior management and, when necessary, submits them to the Board of Directors to facilitate the Board’s oversight of sustainable development policies, implementation status, and future development directions.	None
II. Does the Company, based on the materiality principle, conduct risk assessment of environmental, social and corporate governance (ESG)	V		The Company has combined relevant data from all departments to assess material ESG issues and established risk management policies for effective identification, measurement, monitoring, and control of such risks. The Company also has adopted action plans to reduce the effects of ESG risks. According to results of risk assessment, the Company has established the following risk management policies:Material Risk Explanation	None

Item	Implementation Status
	Yes	No	Summary
issues related to its operations, and has established risk management policies?			Issue	Assessment Item
			Environment	Environmental Risk	1. The Company continues to educate employees for higher environmental protection awareness.
2. The Company promotes for reducing wastes and wastewater and power conservation to lessen environmental impacts made by the Company’s operations.
			Society	Occupational Safety	1. The Company conducts fire safety checks and drills to strengthen employee awareness of occupational safety and prevent any occupational hazards.
2. The Company regularly reviews safety and health regulations in

Item	Implementation Status
	Yes	No	Summary
					effect to revise its internal bylaws and inform all units so that they can abide by the bylaws.
			Corporate Governance	Regulatory Compliance	1. The Company ensures all its personnel and operations comply with laws and regulations by establishing a corporate governance unit and implementing internal control procedures.
2. The Company provides suggestions for Directors’ continuing education/training and informs them of any latest revisions of laws/regulations, system developments, and policies.
3. The Company has purchased liability

Item	Implementation Status					Differences with the “Sustainable Development Code of Practice of TWSE/TPEX Listed Companies” and the causes
	Yes	No	Summary
					insurance for Directors for possible future litigations and indemnity claims.
				Communication with Stakeholders	1. A variety of channels have been established for active communications and reduction of oppositions and misunderstandings.
2. There is an email account specially set up for investors to handle and respond to concerns of stakeholders.
III. Environmental Issues
(I) Has the Company established an environmental management system suitable for its industrial nature?	V		The Company primarily implements effective resource utilization through measures such as electricity conservation, energy management of information equipment, and reduction of paper usage, with each department carrying out the relevant practices in accordance with its responsibilities.			None
(II) Is the Company committed to improvement of energy efficiency and usage of renewable supplies to lower impacts on the environment?	V		The Company belongs to the creative industries. Therefore, it produces substantially less operational wastes and consumes substantially less energy than the manufacturing industries. However, the Company still promotes concepts of carbon reduction and energy conservation and holds activities to facilitate compliance			None

Item	Implementation Status			Differences with the “Sustainable Development Code of Practice of TWSE/TPEX Listed Companies” and the causes
	Yes	No	Summary
			by its staff.
(III) Does the Company evaluate potential risks and opportunities of current and future climate changes and take responsive measures?	V		Other than actively saving energy and cutting down carbon emissions in the office area, the Company also evaluates climate change impacts and responds by readjusting its short, medium, long-term governance policies for related issues.	None
(IV) Has the Company been collecting data on greenhouse gas emission, water usage level, and total waste weight in the past two years and formulate reduction policies or other waste management policies?	V		The Company has compiled statistics on greenhouse gas emissions and water consumption for the past two years; however, comprehensive statistical data on the total weight of waste has not yet been fully established. In addition, the Company has established relevant greenhouse gas reduction and water conservation management policies and continues to promote various measures for energy conservation, carbon reduction, and improvement of resource utilization efficiency.	None
IV. Social Issues
(I) Does the Company have policies and procedures for managing social matters that follow relevant regulations and internationally recognized human rights principles?	V		The Company abides by local labor laws and regulations. It supports and adheres to human rights norms and principles such as the International Bill of Human Rights, the United Nations Global Compact, and the International Labor Organization’s Declaration on Fundamental Principles and Rights at Work in order to forestall human rights violations and improve management of related issues. Specific measures taken are as follows:
1. The Company has forbidden all its units from child labor and forced labor and demanded no discrimination, bullying, and harassment. It implements a comprehensive leave system and encourages balance of work and life.
2. The Company takes seriously employee safety and health. It has established “Safety and Health Rules for	None

Item	Implementation Status
	Yes	No	Summary
			Employees” and its “Work Rules” stipulates that employees pay attention to and abide by all working rules in order to maintain a safe and healthy working environment.
(II) Has the Company planned and implemented reasonable employee welfare measures (including compensation, leave and other benefits) and appropriately reflected operational performance or achievements on employees compensation?	V		The Company has planned and implemented reasonable employee welfare measures and appropriately reflected operational performance or achievements on employees compensation:

Employee Compensation Policy:
Compensation for each employee is decided by personal capabilities, contributions to the Company, personal performance, market value of the position, and consideration of future operational risks. In a year when the Company makes profits, no less than 2% of the earnings shall be allocated for employees compensations. The basic compensation of an employee mainly includes basic salary, bonus, and benefits. The payment standards for basic salary and benefits are decided by market value of the position held by an employee. Employee bonus is linked to achieving goals of each employee and his/her department as well as Company operational performance.
Leave System:
The Company has a comprehensive leave system designed in accordance with local labor laws and regulations. It is included in the “Work Rules” to inform employees.
Various welfare measures: In accordance with legal requirements and considering employee needs, we have designed employee benefits including parking facilities, nursing rooms, employee health examinations, profit sharing, etc., to provide employees with a comprehensive welfare system (e.g., marriage subsidies, funeral subsidies, childbirth subsidies, maternity leave, parental leave, paternity leave, etc.). | None |

Item	Implementation Status
	Yes	No	Summary
			4. Retirement System:
The Company’s retirement system totally agrees with the Labor Standards Act and the Labor Pension Act. An employee may apply for retirement if he/she is 55 years old and has served in the Company for at least 15 years or 60 years old for 25 and 10 years. A monthly contribution equal to 6% of each employee’s monthly salary is paid to his/her pension account.
5. Diversity and Equal Treatment:
The Company pays equal compensation for equal work. All employees have equal promotion opportunities. Each employee holds a position appropriate for himself/herself and may become a manager.
(III) Does the Company provide employees with a safe and healthy working environment and conduct regular safety and health training?	V		Employee safety and health in the workplace:
1. Fire safety: Regular inspections and reporting of fire equipment in the office, submission of fire protection plans, and self-defense fire brigade reporting and drills held every six months.
2. Office equipment: The brightness of office lighting complies with regulations, office environment testing (carbon dioxide concentration) is conducted every six months, air conditioning equipment is inspected and maintained annually, office furniture is equipped with ergonomic and low-formaldehyde furniture and building materials, and water dispensers are regularly replaced with filters, and perform major maintenance every year.
3. Safety, health and cleanliness: Professional cleaning personnel are hired to maintain the cleanness of the office, various cleaning and disinfection supplies are provided for employees to use, no smoking is allowed in the office, first-aid kits are prepared for the office and regular maintenance of the official vehicles.	None

Item	Implementation Status			Differences with the “Sustainable Development Code of Practice of TWSE/TPEX Listed Companies” and the causes
	Yes	No	Summary
			4. Access security: Strict access control monitoring system both during daytime and nighttime, with 24-hour security guards stationed at the office premises to maintain office security.

Regular safety and health education for employees: We hire contracted medical personnel in accordance with the law to provide on-site health services every year, and conduct health risk assessment and analysis, health care, management and tracking based on the results of corporate labor health exams. We develop strategies to prevent occupational hazards, and provide the guidelines and recommendations for proper work performance which not only protect the health of employees and ensure labor safety, but also increase the Company’s production capacity. | |
| (IV) Has the Company established effective career development training plans? | V | | The Company provides diversified functional training courses for all its managers and employees, including new employee orientation, professional advancement training, and management training, so that they may continue to grow and develop key capabilities. | None |
| (V) Does the Company’s products and services comply with related regulations and international standards on customers’ health and safety, privacy, marketing, and labelling? Has it | V | | 1. The Company has set rules for protecting and managing personal data. All its units are responsible for managing and protecting customers’ privacy. Through internal auditing, crisis prevention, education/training, and awareness promotion, customers’ personal data will be protected.
2. The Company has assigned specific Sales Department staff to provide services to customers and actively understand their satisfaction and resolve their complaints to protect customers’ material interests. | None |

Item	Implementation Status			Differences with the “Sustainable Development Code of Practice of TWSE/TPEX Listed Companies” and the causes
	Yes	No	Summary
formulated policies and appeal procedures to protect consumers’ or customers’ rights?
(VI) Has the Company formulated a supplier management policy and requested suppliers to comply with relevant standards on environmental, occupational safety and health, or human rights issues? What is the implementation status?	V		1. Before the Company interacts with suppliers, the Company will take the pollution prevention, waste removal and disposal, energy conservation, carbon reduction, toxic control, environmental sanitation, and staff health and hygiene into consideration. The Company’s “Supplier Management Regulations” stipulate that procurement units shall request suppliers to comply with environmental, safety, and health regulations in their contracts or purchase orders. Among them, the contractor shall promise that the substances of all products, parts, materials and accessories provided shall meet the requirements of environmental protection standards, and agree to comply with all laws and regulations on labor safety and health in the place where the contractor is located.
2. The Company has requested the suppliers to make a commitment confirming in the purchase order that the content of environmentally managed substances in their products meet the requirements of the environmental protection standards, and that they agreed to comply with the relevant laws and regulations on labor safety and health and labor rights in the place where the Company is located.	None
V. Does the Company refer to international reporting rules or		V	The Company has prepared a sustainability report in accordance with internationally recognized sustainability reporting standards to disclose the Company’s non-financial information; however, it has not yet obtained an	Although the Company’s sustainability report has been

Item	Implementation Status			Differences with the “Sustainable Development Code of Practice of TWSE/TPEX Listed Companies” and the causes
	Yes	No	Summary
guidelines to compile its sustainability report to disclose non-financial information? Has the aforementioned report received third party verification or statement of assurance?			assurance or verification opinion from an independent third-party assurance provider. In addition, the Company and its consolidated subsidiaries plan to introduce external assurance mechanisms in 2028 and 2029, respectively, to enhance the reliability of information disclosure.	completed, the third-party assurance process is still in the planning and implementation stage; therefore, no assurance or verification opinion has yet been obtained.
VI. If the Company has established its sustainable development code of practice according to the “TWSE/TPEX Listed Companies Sustainable Development Code of Practice,” please describe its operational status and differences between the 2 codes: The Company is currently formulating its own sustainable development code in accordance with the “TWSE/TPEX Listed Companies Sustainable Development Code of Practice” and has submitted it to the relevant units for review. It is expected to be submitted to the Board of Directors for approval and formally implemented in the near future. Prior to the formal establishment of the code, the Company’s promotion and management of sustainable development have been carried out in accordance with the relevant regulations of the competent authorities and the Company’s existing internal management systems. Currently, there are no differences between the Company’s practices and the Best Practice Principles. The Company will continue to enhance its sustainable development-related operations in accordance with the formally approved code in the future.
VII. Other material information to facilitate understanding of the Company’s implementation of sustainable development: The Lang Love Charitable Foundation was officially established in 2022. The Lang Love Charitable Foundation upholds the spirit of "Lang: We Bring Love to Remote Areas," with the purpose of caring for the disadvantaged and supporting children in rural areas, committed to creating a future filled with love and hope. We focus on three main directions: sports, talent development, and social care, continuously channeling resources into remote areas through concrete actions, nurturing every child's dreams with love.[Digital Connectivity for Precise Support to the Guangfu Disaster Area in Hualien] In 2025, the Mataian River barrier lake formed in Wanrong Township, Hualien County overflowed on September 23 due to typhoon-induced torrential rainfall, causing severe flooding, bridge collapses, and casualties in downstream Guangfu Township. Langlove Foundation immediately activated its emergency response mechanism and personally confirmed that the first batch of water, dry food, and sleeping bags dispatched through digital coordination had been delivered to the disaster area. Lang Inc. not only provides assistance, but also takes a hands-on approach by personally visiting every affected area. The Foundation fulfills its commitment to “accurately identifying needs and preventing social isolation” by conducting on-site verification of living conditions to ensure that resources are allocated precisely.

Item	Implementation Status			Differences with the “Sustainable Development Code of Practice of TWSE/TPEX Listed Companies” and the causes
	Yes	No	Summary
Upon completion of identity verification, the Foundation immediately initiates deposit assistance to help disaster-affected families through the reconstruction period and build a compassionate social safety net.[Enhanced Asset-Building Poverty Reduction Program]To sustain the "Tomorrow's Dreams" of 43 children and youths, the Foundation has expanded its sponsorship scope in 2025 to establish a safety net for 43 individuals under long-term assistance (including 8 cases from the Guangfu Disaster Relief Project). Through consistent monthly deposits into educational savings accounts, we assist economically disadvantaged families in building long-term educational capital, effectively enhancing their competitiveness for upward mobility.[Empowering Through Livestreaming to Restore Smiles Among Tribal Elders]Lang Inc. has introduced its digital strengths into elderly care by enhancing preventive social work services through digital transformation and regularly reaching cultural health stations in tribal communities such as Xiulin and Wanrong. By integrating livestream platform resources with influencer volunteers, the program provides remote companionship and artistic engagement, effectively alleviating the sense of social isolation among elderly residents in remote areas.Popular livestream hosts also personally visited the indigenous cultural health station in Xiulin Township, engaging in creative activities with elderly participants through sincere interaction and companionship. Through intergenerational engagement, the initiative helps relieve social isolation in remote communities and builds a preventive psychological support network.[Connecting 10 Rural Schools and Supporting the Baseball Dreams of 90 Children and Youths]The second “Lang Cup Pitching Camp,” organized by the Langlove Foundation, was an intensive three-day, two-night training program conducted in temperatures exceeding 35°C. The pitching camp curriculum covered advanced pitching mechanics analysis, breaking ball control techniques, core coordination training, strength and explosive power enhancement, sports injury prevention, and proper use of protective equipment. Special courses on psychological resilience and player mindset development were also incorporated into the program.Led by the Chairman and Chief Executive Officer, the team joined 10 rural schools in Hualien and Taitung and 90 young baseball players in pursuing their dreams and staying true to their original aspirations. Through the integration of public and private sector resources, the Foundation continues to support the reconstruction and training needs of five rural schools, including Chong-De Primary School, helping bridge the urban-rural resource gap. In addition, for children from single-parent and grandparent-led households, the Foundation provides after-school remedial education and nutritional support to safeguard the students' basic developmental rights.[Life Mentors Passing On the Ironman Spirit of Redefining Limits; Deepening the Holistic Nurturing Program]“My mission is to encourage the players.” Hong-Chih Kuo, who recently joined the support staff of Team Chinese Taipei for the World Baseball Classic, personally visited Hualien to provide guidance. He candidly stated that his role was not to gather intelligence, but to serve as a “mental support officer,” helping players cope with external pressure and overcome difficult periods. All participants and coaches of the Lang Cup Pitching Camp demonstrated a spirit of unity and deep commitment to the local community. The Foundation firmly believes that “empowerment is never the end of a single camp.” Therefore, the sports camp has been elevated into a “Holistic Sponsorship Program” featuring a fixed care mechanism conducted once every three months. Social workers and volunteers regularly visit the teams to understand the needs of coaches and children, while comprehensively and dynamically tracking the players' athletic progress, academic performance, and daily living conditions to personally foster holistic education. Through long-term quarterly care and support, the Foundation is committed to addressing deficiencies in guardianship within dysfunctional families and helping these future stars maintain proper professional ethics and values when facing the pressures of high-level competition.

(VI) Implementation Status of Listed Company Climate-Related Information:

Climate-Related Information Implementation Status

Item	Implementation Status
1. Description of the Board of Directors' and management's supervision and governance of climate-related risks and opportunities.	Lang Inc.'s Board of Directors represents the highest supervisory level for sustainability and climate change management, with the Chairman serving as the highest administrator responsible for overseeing climate change-related issues and matters. The Chairman convenes sustainability and climate change meetings on an irregular basis. These meetings review operational conditions and effectiveness, with annual reports to the Board of Directors regarding the progress and results of sustainability and climate change implementation. Currently, the head of the Taiwan Lang LIVE Entertainment Streaming Platform's talent management department is responsible for identifying climate-related risks and opportunities, formulating response measures, and executing climate-related implementation strategies. The talent management department regularly assigns staff to attend training sessions to study and discuss knowledge related to various climate-related risks. This ensures that these risks and opportunities are integrated into the company's overall business strategy, enabling the company to effectively respond to risks and seize opportunities when facing climate change challenges, thereby enhancing the company's long-term sustainable development performance. In addition, the management center reports the implementation results to the Chairman once annually.
2. Description of how the identified climate risks and opportunities impact the company's business, strategy, and finances (short-term, mid-term, and long-term).	Physical risks (short term (1-3 years)): The Company has assessed that the increasing frequency and intensity of extreme climate events (such as typhoons) may have short-term impacts on operations, including interruptions to livestreaming services caused by power outages or equipment malfunctions, which may in turn affect user experience and revenue performance. In addition, changes in user behavior may also lead to fluctuations in customer service demand. Transition risks (long term (5-10 years)): The Company will face increasingly stringent sustainability information disclosure and management requirements in the future and will need to continuously invest resources in data collection, carbon emissions inventory, and report preparation, resulting in a certain degree of increase in operating costs. Climate opportunities: Consumers' emphasis on sustainable development continues to increase and is expected to influence platform services, brand image, and partner selection in the medium term (3-5 years). By effectively responding to net-zero trends and strengthening carbon reduction initiatives, the Company can enhance its brand image, attract environmentally conscious users, streamers, advertisers, and business partners, thereby driving revenue growth and reducing communication costs.
3. Description of the financial impact of extreme climate events and transition actions.	To reduce risks associated with extreme climate events, the Company adopts highly stable cloud services and optimizes system performance to maintain stable platform operations, while also adjusting customer service response mechanisms in a timely manner to enhance service flexibility. Although these measures may increase certain operating costs, they can effectively reduce the risks of operational interruptions and potential losses. In response to the aforementioned transition risks, the Company continues to monitor climate-related regulations and ESG disclosure requirements, gradually strengthen its internal management mechanisms, and evaluate the establishment of a carbon emissions management system and carbon

Item	Implementation Status
	reduction targets to enhance regulatory compliance capabilities. At the same time, through education and training as well as professional capability development, the Company is strengthening its internal sustainability management capabilities. Although these measures may increase operating expenses in the short term (such as consulting fees and training expenses), they are expected to help reduce future regulatory compliance risks and enhance the Company's long-term competitiveness. In addition, to capitalize on these climate opportunities, the Company continues to optimize customer service processes in response to user needs and promotes sustainability education and training for employees to strengthen internal environmental awareness. At the same time, leveraging its operational strengths in influencer and fan economies, the Company is expanding opportunities in digital entertainment and cross-industry collaboration to enhance brand value and sustainability image.
4. Description of how climate risk identification, assessment, and management processes are integrated into the overall risk management system.	Our company has established the "Risk Management Policy and Procedures" as the highest guiding principle for risk management. The Board of Directors serves as the company's highest decision-making body for risk management, responsible for reviewing and supervising risk management implementation. The Risk Management Group is responsible for establishing and integrating enterprise risk management mechanisms and promoting the execution of risk management procedures, with the President serving as the group convener. Each year, the Risk Management Group conducts comprehensive assessments to analyze various risk scenarios, formulates response and adaptation strategies, and reports to the Board of Directors. The group also reports annually to the Board on risk management implementation status and results. To effectively address risks brought by climate change, the management center is responsible for consolidating climate-related risks and is scheduled to report regularly to the Risk Management Group, which will in turn report to the Board of Directors. If necessary, the Risk Management Group will lead relevant risk management activities. This integrated management approach ensures that climate change risks can be managed in parallel with other important company risks (such as financial risks, operational risks, and regulatory risks), thereby enhancing overall risk response capabilities and ensuring climate issues and decisions are incorporated into the agenda discussions of top management.
5. If scenario analysis is used to assess resilience to climate change risks, explain the scenarios, parameters, assumptions, analysis factors, and main financial impacts used.	Our company has not yet adopted scenario analysis for assessment.

Item	Implementation Status
6. If there is a transition plan for managing climate-related risks, explain the content of the plan and the indicators and targets used to identify and manage physical risks and transition risks.	The Company has not yet established any climate-related transition plans or target indicators. Following the completion of its greenhouse gas inventory, the Company will, subject to regulatory requirements and operational needs, evaluate the feasibility of formulating relevant transition plans and target indicators in the future.
7. If internal carbon pricing is used as a planning tool, explain the basis for price setting.	Our company has not yet implemented an internal carbon pricing mechanism.
8. If climate-related targets have been set, explain the activities covered, greenhouse gas emission scopes, planning timeline, annual achievement progress, and other information; if carbon offsets or Renewable Energy Certificates (RECs) are used to achieve related targets, explain the source and quantity of the offset carbon reduction credits or the quantity of Renewable Energy Certificates (RECs).	As of 2025, the Company has not established climate-related targets or utilized carbon offsets or purchased Renewable Energy Certificates (RECs). Going forward, the Company will continue to monitor relevant regulations and international development trends, prudently evaluate the establishment of climate-related targets and possible carbon reduction strategies, and gradually promote relevant measures in accordance with actual operating conditions.
9. Greenhouse Gas Inventory, Assurance Status, Reduction Targets, Strategies,	In accordance with the Taiwan Stock Exchange "Regulations Governing the Preparation and Filing of Sustainability Reports by Listed Companies" and the Financial Supervisory Commission's "Sustainability Development Roadmap for Listed Companies," our company plans to disclose
the benefits of greenhouse gas and the benefits of the Greenhouse Gas Inventory.	the Greenhouse Gas Inventory. The Company will continue to monitor the benefits of the Greenhouse Gas Inventory, and to provide the information and data on the benefits of the Greenhouse Gas Inventory.
10. If the current plan is implemented, explain the current state of the plan and the current state of the system, explain the current state of the system, and explain the current state of the system's current state of the system.	Our company is not yet able to establish current state of the system. The Company will continue to monitor the current state of the system and to provide the information and data on the current state of the system.

2. Greenhouse gas inventory and assurance status of the Company for the most recent two years

(1) Greenhouse gas inventory information

Specify the greenhouse gas emissions (tonnes CO2e), emission intensity (tonnes CO2e per NT$ million), and data coverage scope for the most recent two years.
Data coverage scope required to be disclosed at a minimum in accordance with the Sustainable Development Roadmap for TWSE/TPEx Listed Companies (for the relevant implementation timeline, please refer to the Company-specific roadmap at: Company-specific roadmap: https://isds.tpex.org.tw/IFRS/front/#/main/customized-query/exclusive-roadmap/roadmap/6165).1. The parent company only entity shall begin conducting greenhouse gas inventories starting in 2026.2. Subsidiaries included in the consolidated financial statements shall begin conducting greenhouse gas inventories starting in 2027.The electricity emission factor adopted for each year is based on the 2024 electricity emission factor announced by the Energy Administration, Ministry of Economic Affairs, which is 0.474 kg CO2e per kWh. Greenhouse gas emission intensity is calculated as total emissions (Scope 1 + Scope 2) divided by the organization-specific metric (NT$ million). The greenhouse gases included are CO2, CH4, and N2O, with all figures rounded to the second decimal place.A summary of the Company's greenhouse gas emissions is as follows:

Emissions (tonnes CO2e)
Lang Inc.
Scope 2 Indirect greenhouse gas emissions
Total

(2) Greenhouse gas assurance information

Specify the assurance status for the most recent two years as of the publication date of the annual report, including the assurance scope, assurance institution, assurance standards, and assurance opinion.
In accordance with the “Sustainable Development Roadmap for TWSE/TPEx Listed Companies” announced by the FSC, Lang Inc. plans to disclose greenhouse gas assurance information for the parent company only in 2028 and greenhouse gas assurance information for the Group in 2029.

3. Greenhouse gas reduction targets, strategies, and specific action plans

Specify the greenhouse gas reduction base year and related data, reduction targets, strategies, specific action plans, and the achievement status of the reduction targets.

Greenhouse gas reduction base year and reduction targets The Company operates in the cultural, creative, and livestreaming industry and does not engage in manufacturing processes or use high energy-consuming equipment. Its greenhouse gas emissions are primarily derived from electricity consumption related to office operations and digital cloud equipment, and overall represent a low-carbon emission profile. In accordance with the Taiwan Stock Exchange "Regulations Governing the Preparation and Filing of Sustainability Reports by Listed Companies" and the Financial Supervisory Commission's "Sustainability Development Roadmap for Listed Companies," the Company disclosed greenhouse gas inventory information for the consolidated entities in 2026 and established, no later than 2026, the baseline year for setting reduction targets and specific carbon reduction action plans. The Company prioritizes the gradual implementation of measures such as source management, energy-saving advocacy, and equipment management to progressively enhance energy and resource efficiency while mitigating the environmental impact of our operations. 1. Resource management: The Company has completed upgrades to its lighting equipment by fully adopting LED lighting fixtures and installing sensor-based lighting systems and centralized switches in pantry areas and corridors to reduce unnecessary electricity consumption. For air-conditioning systems, the Company has procured inverter-type air-conditioning equipment and implemented zoned control and operating time adjustments based on usage scenarios to improve energy efficiency. In terms of equipment procurement, priority is given to electrical appliances bearing energy-saving labels. For water management, sensor-operated faucets and water-saving flushing equipment have been introduced to reduce water waste. 2. Energy-saving advocacy: The Company regularly conducts energy conservation awareness campaigns and implements measures such as turning off lights and reducing electricity consumption of equipment whenever possible. Employees are encouraged to use stairs instead of elevators whenever feasible. The Company also promotes digitalized administrative operations and paperless workflows to reduce paper consumption and encourages resource recycling and proper waste disposal. In addition, employees are encouraged to use public transportation and video conferencing to reduce transportation-related carbon emissions. 3. Equipment management: The Company conducts regular maintenance of air-conditioning and ventilation equipment and maintains appropriate indoor temperatures. Through the recording of water and electricity consumption data and abnormality monitoring, the Company strengthens energy management efficiency. In addition, regular maintenance of drinking water equipment and inspections of office environments and water quality are carried out to ensure equipment performance and environmental quality.

(VII)Status of Implementation of Ethical Corporate Management and Differences from the Ethical Corporate Management Best Practice Principles for TWSE/TPEx Listed Companies

and Reasons:

Assessment Item	Conduct			Differences from Ethical Corporate Management Best Practice Principles for TWSE/TPEX Listed Companies & causes of difference:
	Yes	No	Summary
I. Establishment of Ethical Corporate Management Policy and Implementation Plan
(I) Does the company have an ethical corporate management policy approved by its Board of Directors and clearly state in its rules/procedures and publicly available documents its ethical management policy, measures, and commitment to implementing the policy by the Board of Directors and the top management team?	✓		The Company has clearly stated in its human resources management rules, code of ethical corporate management, and code of ethical conduct its relevant policy and measures. The directors and managers are committed to implementing the policy.
The Board of Directors also actively implements the policy by adding a recusal system in the “Board Meeting Procedures” that a director or the representative of an institutional director shall not take part in discussion and voting when there is a conflict of interest.	None.
(II) Does the Company have an assessment mechanism for the risk of unethical conduct; regularly analyze and evaluate business activities with a higher risk of unethical conduct in its operational sphere; and have designed a program to prevent unethical conduct, which contains at least prevention measures against behaviors prescribed in Article 7-2 of the “Ethical Corporate Management Best Practice Principles for TWSE/TPEX Listed Companies”?	✓		The Company clearly requires in its Employee Code of Ethics and Ethical Corporate Management Principles that each employee shall abide by the honest and clean principle and faithfully interact with customers, investors, coworkers, suppliers and any individual they have contact with. The employees are strictly forbidden to accept any improper gifts or hospitality.
The Company has an informer system to prevent unethical conduct. It treats seriously all proven unethical cases.
Violators will receive severe punishment such as ending the employment or business relationship and the Company will take legal actions when appropriate.	None.
(III) Are there procedures, guidelines, and a penalty/appeal system in the Company’s implementation plan to prevent unethical	✓		The Company’s directors, managers, and employees are strictly prohibited to directly/indirectly provide, commit, ask for, or accept any improper gains and should not do anything that violates the law, the ethics, or their entrusted duties.	None.

Assessment Item	Conduct			Differences from Ethical Corporate Management Best Practice Principles for TWSE/TPEX Listed Companies & causes of difference:
	Yes	No	Summary
conduct? Is the plan duly enforced and regularly reviewed and revised?			To ensure reaching the goals of providing correct, reliable, and timely financial and operational information as well as employees’ compliance of rules and regulations, the Internal Auditor will conduct audits according to the annual audit plan approved by the Board of Directors. Audit results and suggested follow-up improvements will be reported to the Board and the Management.
II. Ethic Management Practice (I) Does the Company assess the ethical records of those it has business relationship with and include in contracts signed with them ethics-related clauses?	☑		The Company does business activities by adhering to the ethical and legal principles. Internally, it advises its staff not to take or offer any bribery during business activities. Externally it clearly requests compliance of the ethical principles in contracts signed with vendors. This is to ensure the commercial activities of both parties conform to the principles of good faith.	None.
(II) Does the Company have an unit under the Board of Directors dedicated to promoting ethical corporate management and regularly (at least once per year) reports to the Board of Directors on the implementation status of relevant policy, measures, and its supervision work?	☑		The General Manager’s Office is concurrently responsible for implementing ethical corporate management. All units of the Company abide by relevant best practices when fulfilling their functions. A specific unit for ethical corporate management will be appointed in the future.	None.
(III) Has the Company formulated policies to prevent conflict of interests, provide appropriate communication channels, and implement them properly?	☑		There is a recusal system in the Company’s “Board Meeting Procedures”. A director or the representative of an institutional director shall state the material stakes between the Company and them. They can express opinions and answer questions but cannot take part in discussions and vote for themselves or on behalf of other directors when there is a conflict of interest.	None.
(IV) To implement relevant policies on ethical conduct, has the Company	☑		The Company has established accounting and internal control systems. The systems and all revisions to them have been	None.

Assessment Item	Conduct			Differences from Ethical Corporate Management Best Practice Principles for TWSE/TPEX Listed Companies & causes of difference:
	Yes	No	Summary
established effective accounting and internal control systems, made audit plans based on risk assessment results of unethical conduct, and audit the compliance status of its prevention of unethical conduct measures or has it audited by CPAs?			approved by Board meetings. The Company also has set up an Internal Audit unit and hired CPAs for auditing. All audit results and follow-up improvement recommendations have been reported to the Board of Directors and the Management for them to know how internal control has been implemented and to achieve management goals.
(V) Does the company organize internal and external ethical conduct training sessions on a regular basis?	✓		In 2025, our company organized internal and external educational training related to ethical management issues (including compliance with ethical management regulations, accounting systems, and internal control-related courses).	None.
III. Operational status of informer system(I) Does the company have a specific informing and rewarding system and conveniently accessible informing channels and specifically designate staff to handle the person being informed against?	✓		All persons related to the Company operations can inform any fact of unethical conduct of a Company member through the following channels:Internal: direct supervisor or the employee complaint box.External: when an informing case is found in the independent directors complaint box, the investigation process will begin. Specifically designated staff and the audit unit will form a committee to do the investigation.	None.
(II) Has the company established standard operation procedures for accepting and investigating the reported cases and measures to ensure confidentiality of such cases?	✓		The Company has set up operation procedures, designated a responsible unit to handle reported cases, and explained the investigation process in its “Rules for Handling Reported Illegal/Unethical Conduct”. Confidentiality of personal data is guaranteed. Retaliation against colleagues is strictly forbidden.	None.
(III) Has the Company adopted measures to protect an informer from any improper treatment for whistleblowing?	✓		The Company takes responsibility for keeping the informer in secret. The system is written in the Company bylaws.	None.
IV. Strengthening information			The Company’s code of practice for	None.
the information provided by the Company is not available to the Company.			the Company’s code of practice for the information provided by the Company.
V. How do the Company work with the company?			The Company’s code of practice for the information provided by the Company.	None.
VI. How do the Company work with the company in the process of making the report of illegal/unethical conduct measures?			The Company’s code of practice for the information provided by the Company.	None.

Assessment Item	Conduct
	Yes	No	Summary
disclosureDoes the company disclose its principles of ethical corporate management and the implementation results on its website and MOPS	✓		ethical corporate management has been disclosed on its website.
V. If the Company has established its ethical corporate management best-practice principles in accordance with the “Ethical Corporate Management Best-Practice Principles for TWSE/TPEX Listed Companies,” please describe any discrepancy between the principles and their implementation: Relevant Best-Practice Principles have been established as required and have been submitted to the Board of Directors for approval before implementation. The disclosure is made on the Company’s website and the Market Observation Post System for employees to follow.
VI. Other important information that is helpful in understanding the Company’s ethical corporate management practices (e.g., the Company’s reviewing and amending of its corporate ethical corporate management best practice principles): There are various internal procedures to ensure the implementation of ethical management and legal compliance.

(VIII) Other material information to facilitate understanding of the operational status of the Company's corporate governance code of practice:

The Company regularly/irregularly communicates with attesting CPAs on financial statement auditing and implementation of internal control.

The Company has established Insider Trading Prevention Procedures for managing material information according to Article 157-1.5 & 6 of the Securities and Exchange Act and for disclosure of such information according to the Taiwan Stock Exchange Corporation Procedures for Verification and Disclosure of Material Information of Companies with Listed Securities.

To prevent insider trading, all individuals who know material internal information of the Company shall trade its securities according to Article 157-1 of the Securities and Exchange Act. The Company also has established an internal control system to proclaim and inform employees, managers, and directors lest they violate relevant laws and regulations or do insider trading.

(IX) The implementation of the internal control system shall disclose the following:

Statement on Internal Control System:

Lang Inc. Statement on Internal Control System Date: March 12, 2026 The Company states the following with respect to its 2025 internal control system based on the results of a self-assessment: I. The Company realizes it's the responsibility of the Board of Directors and the Management to

establish, implement, and maintain an internal control system. The Company has established such a system. The system is designed to provide reasonable assurance for the effectiveness and efficiency of Company operations (including profitability, performance and safety of assets), reliability, timeliness, transparency, and compliance of its reporting, as well as compliance of applicable laws and regulations.

II. Any internal control system has inherent limitations. No matter how perfectly designed, an effective internal control system can provide only reasonable assurance of accomplishing the aforementioned 3 objectives. And the effectiveness of the internal control system may change due to changes in the business environment and circumstances. The self-monitoring mechanism in the Company's internal control system will identify defects and the Company will take corrective actions at once.

III. The Company judges the effectiveness of the design and implementation of its internal control system based on the criteria prescribed in the Regulations Governing the Establishment of Internal Control Systems by Public Companies (herein below, the Regulations). The criteria adopted by the Regulations have identified 5 key components for conducting internal control: (1) control environment, (2) risk assessment, (3) control activities, (4) information and communication, and (5) monitoring activities. Each component includes several items. Please refer to the Regulations for these items.

IV. The Company has evaluated the effectiveness of design and implementation of its internal control system according to the aforementioned components.

V. Based on results of the above-mentioned assessment, the Company believes that, up until December 31, 2025, its internal control system had been effective (including supervision and management of subsidiaries) and provided reasonable assurance for progress of operational effectiveness and efficiency, for reliability, timeliness, transparency and regulatory compliance of reporting, and for compliance with applicable laws and regulations.

VI. This Statement is an integral part of the Company's annual report and prospectus and is to be disclosed. Any falsehood, concealment, or other illegality in the above-mentioned disclosed statement will entail legal liability under Articles 20, 32, 171, and 174 of the Securities and Exchange Law.

VII. This Statement was passed by the Company's Board of Directors on March 12, 2026. Among the 7 attending directors, 0 had objections, and the remainder all affirming the content of this Statement.

Lang Inc.

Chairman: Wang, Yi-Heng Signature

General Manager: Wang, Yi-Heng Signature

If a company hires a CPA to audit its internal control system, the audit report should be disclosed: not applicable.

(X) Material Resolutions of Shareholders' Meetings and Board Meetings in the most recent year and as of publication date of Annual Report:

Material Resolutions of Shareholders' Meetings in 2022 and as of the Publication Date of this Annual Report:

Date	Material Resolutions	Follow-up Actions
2025.06.20	2024 Business Report and Financial Statements	Please refer to the company’s financial reports on the Market Observation Post System.

Material Resolutions of Board of Directors Meetings in 2022 and as of the Publication Date of this Annual Report:

Meeting Date	Material Resolutions	Implementation Status
2025.01.20
14th meeting of the 16th Board	1. The Board of Directors' proposal to repurchase treasury shares for transfer to employees.
2. The Company's purchase of an office building for business operations.
3. The Company's bank financing for operational working capital.
4. The case of fund lending by the Company's 100% owned subsidiary Jye Tai Electronics Ltd. to its subsidiary Wuhu Jye Tai Precision Industry Limited.
5. Formulation of the Company's “Human Rights Due Diligence Procedures.”
6. Formulation of the Company's "Regulations Governing the Transfer of Repurchased Shares to Employees."	Executed
According to
Resolution
2025.03.13
15th meeting of the 16th Board	1. The Company's 2024 Business Report, Consolidated and Parent Company Financial Statements, and Earnings Distribution Plan.
2. Change of certifying accountants for the Company's financial reports at KPMG.
3. The Company's appointment of accountants for fiscal year 2025, their remuneration, and assessment of their independence and competence.
4. The Company's 2024 Earnings Distribution Plan
5. The Company's 2024 “Internal Control System Effectiveness Review” and “Internal Control System Statement.” 6. Partial amendments to the Company's "Articles of Incorporation."
7. Amendments to the Company's "Internal Control System."	Executed
According to
Resolution

Meeting Date	Material Resolutions	Implementation Status
	8. Implementation status of the private placement of common shares and domestic secured convertible corporate bonds approved at the 2024 Annual Shareholders' Meeting.9. The Company's Proposed Private Placement of Common Shares and Domestic Secured Convertible Corporate Bonds for 2025.10. Distribution of directors' compensation and employee compensation for fiscal year 2024.11. Amendments to the Company's "Regulations Governing the Transfer of Repurchased Shares to Employees."12. The proposal for the donation made by the subsidiary, ShineRay Co., Ltd. to the "Langlove Social Welfare Charity Foundation."13. Setting the convention of the Company's 2025 Annual Shareholders' Meeting.
2025.04.111st extraordinary meeting of the 16th board	1. The Board of Directors' proposal to repurchase treasury shares for transfer to employees.	Executed According to Resolution
2025.05.0616th meeting of the 16th Board	1. Approval of the Company's consolidated financial statements for the first quarter of 2025.2. Bank financing facility for the purchase of the Company's office building.3. Capital increase by cash injection for subsidiary ShineRay Co., Ltd.	Executed According to Resolution
2025.06.3017th meeting of the 16th board	1. Amendments to the ninth and tenth versions of the "Procedures for Transferring Repurchased Shares to Employees" and the transfer of repurchased shares to employees.2. Distribution of remuneration to all directors in 2024.3. Distribution of employee compensation for managers in 2024.4. Lease of right-of-use assets to the Company's subsidiary.5. Proposal for supplementary election of independent directors of the Company. Matters related to convening the Company's first extraordinary shareholders' meeting in 2025.	Executed According to Resolution
2025.08.0118th meeting of the 16th board	1. List of candidates for nominated independent directors.2. Cancellation of non-compete restrictions for directors of the Company.	Executed According to Resolution
2025.08.1119th meeting of the 16th board	1. Approval of the Company's consolidated financial statements for the second quarter of 2025.The Company's "2024 sustainability report."	Executed According to Resolution
2025.09.0520th meeting of the 16th board	1. Appointment of a member of the Remuneration Committee.	Executed According to Resolution

Meeting Date	Material Resolutions	Implementation Status
2025.11.06 2nd extraordinary meeting of the 16th board	1. Repurchase treasury shares for transfer to the Company's employees.	Executed According to Resolution
2025.11.11 21st meeting of the 16th board	1. Approval of the Company's consolidated financial statements for the third quarter of 2025. 2. Non-assurance service expected to be provided by KPMG in 2026. 3. Approval of the Company's audit plan for 2026. 4. Formulation of the Company's "Personal Data Protection Management Regulations." 5. Amendments to the Company's "Procedures for Transactions with Related Parties."	Executed According to Resolution
2025.11.21 3rd extraordinary meeting of the 16th board	1. Repurchase treasury shares for transfer to the Company's employees.	Executed According to Resolution
2026.01.02 22st meeting of the 16th board	1. Repurchase treasury shares for transfer to the Company's employees. 2. 2026 Annual business plan and budget 3. Definition of the Company's "scope of entry-level employees." 4. Adjustment to the remuneration structure of the Company's Chairman concurrently serving as President. 5. Amendments to the Company's "Employee Performance Evaluation and Remuneration Management Regulations." 6. The Company's 2025 year-end bonus distribution principles.	Executed According to Resolution
2026.03.12 23st meeting of the 16th board	1. The 2025 business report and consolidated and parent company only financial statements of the Company. 2. Distribution of directors' compensation and employee compensation for fiscal year 2025. 3. The Company's appointment of accountants for fiscal year 2026, their remuneration, and assessment of their independence and competence. 4. Proposal to discontinue the private placement of common shares and domestic secured convertible bonds approved by the 2025 annual shareholders' meeting. 5. Amendment to the fund utilization plan for the Company's "Third Domestic Private Placement of Secured Convertible Bonds." 6. The Company's exercise of the redemption right for the "third domestic private placement of secured convertible bonds" and the engagement of Entie Commercial Bank to establish a tripartite trust account for management of the redemption proceeds.	Executed According to Resolution

Meeting Date	Material Resolutions	Implementation Status
	7. The Company's proposal for 2026 private placement of common shares and domestic secured convertible corporate bonds.8. The election of all the Company's directors (including independent directors).9. The Company's 2025 "Internal Control System Effectiveness Review" and "Internal Control System Statement."10. Proposal for the Company, through its subsidiary ShineRay Co., Ltd., to conduct a cash capital increase in Perfect Drive Co., Ltd., a subsidiary in which it has invested.11. The Company's 2025 Earnings Distribution Plan12. Matters related to convening the Company's 2026 annual shareholders' meeting.
2026.05.0724st meeting of the 16th board	1. Approval of the Company's consolidated financial statements for the first quarter of 2026.2. Proposed capital reduction and disposal of equity interests in the subsidiary New Mumake Biotech Co., Ltd.3. Proposed investment in the shares of United Recommend Co., Ltd.4. Liquidation of JYE TAI ELECTRONICS LIMITED and JYE TAI PRECISION INDUSTRIAL (B.V.I.) CO., LTD.5. Application for financing credit facilities with Sunny Bank.6. Application for financing credit facilities with Hua Nan Commercial Bank.7. Application for financing credit facilities with Chang Hwa Bank.8. Proposed salary adjustment for the Company's finance and accounting officer.9. Proposed amendments to the Company's "Regulations Governing Remuneration to Directors and Managers."10. Review of the Company's remuneration policies for directors and managers, performance achievement status, and special bonuses for managers.11. Review and approval of the list of candidates for directors (including independent directors).12. Removal of non-competition restrictions on newly elected directors and their representatives.13. Formulation of the Company's "Sustainable Development Best Practice Principles."14. Addition of the motion for the convening of the 2026 annual shareholders' meeting of the Company.	ExecutedAccording to Resolution

(XI) In 2022 and as of Publication Date of this Annual Report any material Board meeting resolutions with dissenting opinion from any director or supervisor by written or otherwise recorded statements: there was no such resolutions in 2022.

Unit: NT$1000

IV. Information on CPAs' Audit Fees

Name of accounting firm	Name of CPAs	Audit period	Audit fees	Non-audit fees (Note)	Total	Notes
KPMG	Chi, Meng-Chun	January 1, 2025–December 31, 2025	3,750	140	3,890	1
	Yang, Shu-Chi	January 1, 2025–December 31, 2025

Note 1: Primarily for tax certification services.

(I) Where the non-audit fees paid by the Company to the CPAs, the CPA firm at which the CPAs work, and the CPA firm's affiliates account for 25% or more of the audit fees, the amount of audit and non-audit fees and the content of non-audit services shall be disclosed: N/A.

(II) If the CPA firm is replaced and the audit fees paid during the year in which the replacement occurs are less than those paid in the prior year, the amount and ratio of the decrease in the audit fees and the reason thereof shall be disclosed: N/A.

(III) When the audit fees paid for the current year are lower than those paid for the prior year by 10% or more, the amount and percentage of the decrease and thereof shall be disclosed: N/A.

V. Information on Changing of CPA: N/A.

VI. Where the chairman, general manager, chief financial officer, or chief accounting officer have been employed by the accounting firm or its affiliates in the most recent year: None.

VII. Changes in Share Transfer/Collateral by Directors, Supervisors, Management, & Shareholders with 10% Shareholdings or more in previous year and as of the publication date of this Annual Report

(I) Changes in shareholdings of directors, supervisors, managers, and major shareholders:

Unit: Shares

Title	Name	2025		April 20, 2026
		Increase (decrease) in the number of shares held	Increase (decrease) in the number of pledged shares held	Increase (decrease) in the number of shares held	Increase (decrease) in the number of pledged shares held
Corporate director	Yungmei Investment Co., Ltd. (Date of inauguration: June 27, 2017)	-	-	-	-

Title	Name	2025		April 20, 2026
		Increase (decrease) in the number of shares held	Increase (decrease) in the number of pledged shares held	Increase (decrease) in the number of shares held	Increase (decrease) in the number of pledged shares held
Corporate director	Chan Yeh Investment Company Limited (Date of inauguration: June 15, 2020)	-	-	-	-
Juristic person of the board Representative	Wang, Yi-Heng (Date of inauguration: June 15, 2020)	300,000	910,000	(150,000)
Juristic person of the board Representative	Chairman Ma, Yung-rui (Date of inauguration: December 8, 2020)	-	-
Juristic person of the board Representative	Li, Wan-yu (Inaugurated on 2018/03/30)	-	-	-	-
Independent Director	Liu, Yu-Wen (Inaugurated on 2018/06/29)	-	-	-	-
Independent Director	Shih, Ching-Hui (Date of inauguration: June 15, 2020)	2,000	-	-	-
Independent Director	Yen, Chi-Chin (Date of inauguration: June 7, 2023)	-	-	-	-
Independent Director	Tang, Tsung-Lin (Date of dismissal: June 5, 2025)	-	-	-	-
Independent Director	Chen, Hsiao-Chang (Date of inauguration: August 27, 2025)	-	-	-	-
Manager/Finance and Accounting Supervisor	Chen, Hua-tze (Date of inauguration: November 13, 2018)	80,000	-	-	-

(II) Information on share transfer: Not applicable.
(III) Information on pledged share transfer: Not applicable.

VIII. Relationship Information Among the Top Ten Shareholders

April 20, 2026 Unit: shares; %

Name	Shares held by the owner		Shares Currently Held by Spouse and Minors		Total Shares Held in the Name of Others		The names and relationships of the top ten shareholders who are related, spouse, or relatives within second degree of kinship to each other.		Notes
	Shares	Shareholding Ratio	Shares	Shareholding Ratio	Shares	Shareholding Ratio	Title	Relationship
Wang, Yi-Heng	6,412,220	8.25%	0	0%	12,000	0.02%	None	None	None
Chiu, Yi-Chun	3,352,000	4.31%	0	0%	0	0%	None	None	None
Chiang, Hsiu-Hua	2,005,000	2.58%	0	0%	0	0%	None	None	None
Teng Tzu-Fang	1,923,000	2.47%	0	0%	0	0%	None	None	None
Tung, Ta-Hai	1,525,000	1.96%	0	0%	0	0%	None	None	None
Chou Chia-Ju	1,382,000	1.78%	0	0%	0	0%	None	None	None
Chou Ting-Hsin	1,302,000	1.68%	0	0%	0	0%	None	None	None
Lin Ching-Yao	1,205,000	1.55%	0	0%	0	0%	None	None	None
Li, Pi-Ling	1,039,000	1.34%	0	0%	0	0%	None	None	None
Tang, Hui-Chun	1,012,000	1.30%	0	0%	0	0%	None	None	None

IX. Numbers & Total Percentage of Shares Reinvested in Another Company by Lang, Inc., its Directors, Supervisors, Management, & Directly/Indirectly Owned Subsidiaries

April 20, 2026 Unit: shares; %

Investee	The Company's Investment		Investment by directors, supervisors, managers, or any companies controlled either directly or indirectly by the Company		Comprehensive investment
	Shares	Shareholding percentage	Shares	Shareholding percentage	Shares	Shareholding percentage
Wu, Yi- Wan Investment Co., Ltd.	6,000,000	100	-	-	6,000,000	100
JYE TAI PRECISION INDUSTRIAL (B.V.I.) CO., LTD.	1,701	100	-	-	1,701	100
JYE TAI Eelectronics LTD.	12,304,568	100	-	-	12,304,568	100
Flagwin Technology Co., Ltd.	600,000	30	-	-	600,000	30
ShineRay Co., Ltd.	40,000,000	100	-	-	40,000,000	100
Baulong Technology Co., Ltd.	2,750,000	91.67	-	-	2,750,000	91.67
Hong Kong ShineRay Co., Ltd.	910,000	100	-	-	910,000	100
Shanghai Langhong Culture Media Co., Ltd.	Note 1	100	-	-	Note 1	100
XIANG HAO a Company Limited	3,000,000	100			3,000,000	100
New Mumake Biotech Co., Ltd.	9,500,000	69.34			9,500,000	69.34
Perfect Drive Co., Ltd.	15,000,000	100			15,000,000	100

Note 1: Not applicable, not a company limited by shares, no shares issued.

Three. Capital Raising

I. Capital and Shares

(I) Capitalization

Unit: NTD thousand/ thousand shares

Month/Year	List price	Authorized Share Capital		Paid-in Share Capital		Notes
		Shares	Amount	Shares	Amount	Capitalization	Paid by Non-cash Property	Other
April 1973	10	20	200	20	200	Cash Paid as Share Capital	None
June 1987	10	1,500	15,000	1,500	15,000	Cash Capital Increase 14,800	None	Effective Date: June 30, 1987 Ref. No. of Approval: Chienyitzi 178998
November 1993	10	2,900	29,000	2,900	29,000	Cash Capital Increase 14,000	None	Effective Date: December 3, 1993 Ref. No. of Approval: Chienyitzi 801263
September 1996	10	7,000	70,000	7,000	70,000	Cash Capital Increase 41,000	None	Effective Date: September 16, 1996 Ref. No. of Approval: 85ChienIIIchatzi 231486
December 1997	10	14,000	140,000	14,000	140,000	Cash Capital Increase 70,000	None	Effective Date: February 10, 1998 Ref. No. of Approval: Ching(87)shangtzi 102240
June 1998	10	36,500	365,000	36,500	365,000	Cash Capital Increase 162,000 Capitalization from Earnings 63,000	None	Effective Date: July 23, 1998 Ref. No. of Approval: (87)Taichaicheng(I) 59552
July 1999	10	47,450	474,500	47,450	474,500	Capitalization from Earnings 99,645 Capitalization from Capital Reserves 9,855	None	Effective Date: July 26, 1999 Ref. No. of Approval: (88)Taichaicheng(I) 69701
November 2000	10	57,500	575,000	57,500	575,000	Capitalization from Earnings 94,900 Capitalization from Employee Bonus 5,600	None	Effective Date: July 11, 2000 Ref. No. of Approval: (89)Taichaicheng(I) 59924
November 2001	10	96,000	960,000	67,300	673,000	Capitalization from Earnings 92,000 Capitalization from Employee Bonus 6,000	None	Effective Date: October 25, 2001 Ref. No. of Approval: (90)Taichaicheng(I) 164957
June 2002	10	96,000	960,000	74,257	742,570	Capitalization from Earnings 60,570 Capitalization from Employee Bonus 9,000	None	Effective Date: June 28, 2002 Ref. No. of approval: (91)Taichaicheng(I) 135532
April 2003	10	96,000	960,000	76,111	761,113	New Common Shares Issued for Convertible Bonds 18,543	None	Effective Date: Ref. No. of Approval: September 3, 2002: Taichaichengyi 0910147184
July 2003	10	115,000	1,150,000	76,313	763,134	New Common Shares	None	Effective Date: Ref. No. of

						Issued for Convertible Bonds 2,021		Approval: September 3, 2002: Taichaichengyi 0910147184
October 2003	10	115,000	1,150,000	78,795	787,956	Capitalization from Earnings 14,719 Capitalization from Employee Bonus 10,000 New Common Shares Issued for Convertible Bonds 104	None	Effective Date: Ref. No. of Approval: September 3, 2002: Taichaichengyi 0910147184 Effective Date: August 19, 2003 Ref. No. of Approval: Taichaichengyi 0920137445
January 2004	10	115,000	1,150,000	79,517	795,175	New Common Shares Issued for Convertible Bonds 7,219	None	Effective Date: Ref. No. of Approval: September 3, 2002: Taichaichengyi 0910147184
April 2004	10	115,000	1,150,000	86,336	863,357	New Common Shares Issued for Convertible Bonds 68,181	None	Effective Date: Ref. No. of Approval: September 3, 2002: Taichaichengyi 0910147184
August 2004	10	115,000	1,150,000	89,603	896,030	New Common Shares Issued for Convertible Bonds 32,673	None	Effective Date: Ref. No. of Approval: September 3, 2002: Taichaichengyi 0910147184
October 2004	10	115,000	1,150,000	93,099	930,992	Capitalization from Earnings 24,961 Capitalization from Employee Bonus 10,000	None	Effective Date: July 13, 2004 Ref. No. of approval: Chinkuanchengyi 0930131122
November 2004	10	115,000	1,150,000	104,252	1,042,522	New Common Shares Issued for Convertible Bonds 111,530	None	Effective Date: Ref. No. of Approval: September 3, 2002: Taichaichengyi 0910147184
February 2005	10	115,000	1,150,000	101,232	1,012,322	Capital Decrease by Treasury Stock Buyback 30,200	None	Effective Date: December 29, 2004 Ref. No. of approval: Jin-Guan-Zheng-San No. 0930159359
May 2005	10	115,000	1,150,000	99,382	993,822	Capital Decrease by Treasury Stock Buyback 18,500	None	Effective Date: March 31, 2005 Ref. No. of approval: Jin-Guan-Zheng-San No. 0940111010
July 2005	10	115,000	1,150,000	96,382	963,822	Capital Decrease by Treasury Stock Buyback 30,000	None	Effective Date: June 13, 2005 Ref. No. of approval: Jin-Guan-Zheng-San No. 0940123739
September 2005	10	115,000	1,150,000	97,091	970,915	Capitalization from Earnings 4,693 Capitalization from Employee Bonus 2,400	None	Effective Date: July 28, 2005 Ref. No. of approval: Chinkuanchengyitzi 0940130644
February 2006	10	115,000	1,150,000	90,473	904,735	Capital Decrease by Treasury Stock Buyback 66,180	None	Effective Date: March 12, 2003 Ref. No. of approval: Jin-Guan-Zheng-San No. 0920108498 Effective Date: November 25, 2005 Ref. No. of approval: Jin-Guan-Zheng-San No. 0940155163
October 2006	10	115,000	1,150,000	93,223	932,230	Capitalization from Earnings 17,490	None	Effective Date: July 18, 2006 Ref. No. of approval:
						Capitalization from Employee Bonus 10,000

						Capitalization from Employee Bonus 10,000		Chinkuanchengyitzi 0950131154
October 2007	10	115,000	1,150,000	95,317	953,174	Capitalization from Earnings 18,044 Capitalization from Employee Bonus 2,900	None	Effective Date: July 30, 2007 Ref. No. of approval: Chinkuanchengyitzi 0960040012
October 2007	10	115,000	1,150,000	92,317	923,174	Capital Decrease by Treasury Stock Buyback 30,000	None	Effective Date: May 6, 2004 Ref. No. of approval: Chinkuanchengsantzi 0930116919
October 2008	10	115,000	1,150,000	96,010	960,101	Capitalization from Capital Reserves 36,927	None	Effective Date: August 5, 2008 Ref. No. of approval: Chinkuanchengyitzi 0970039473
December 2010	10	115,000	1,150,000	98,381	983,811	Capitalization from Earnings 23,709	None	Effective Date: November 2, 2010 Ref. No. of approval: Chinkuanchengfazhi 0990059775
February 2011	10	115,000	1,150,000	96,181	961,811	Capital Decrease by Treasury Stock Buyback 22,000	None	Effective Date: January 10, 2011 Ref. No. of approval: Chinkuanchengchaotzi 1000000870
September 2011	10	115,000	1,150,000	95,009	950,091	Capital Decrease by Treasury Stock Buyback 11,720	None	Effective Date: August 28, 2008 Ref. No. of approval: Chinkuanchengsantzi 0970043941
June 2015	10	115,000	1,150,000	49,682	496,824	Capital Decrease 453,267	None	Effective Date: June 29, 2015 Ref. No. of approval: Chinkuanchengfazhi 1040023453
June 2020	10	115,000	1,150,000	53,242	532,424	Capital Increase by Issuance of Common Shares and Private Placements 35,600	None	Effective Date: June 30, 2020 Ref. No. of approval: Chingshoushangtzi 10901115650
August 2021	10	180,000	1,800,000	53,242	532,424	Application for capital increase	None	Effective Date: August 12, 2021 Ref. No. of approval: Chingshoushangtzi 11001126200
July 2023	10	180,000	1,800,000	62,752	627,526	Capital increase by conversion of convertible bonds into shares 95,102	None	Effective Date: July 26, 2023 Ref. No. of approval: Chingshoushangtzi 11230118490
February 2024	10	180,000	1,800,000	77,752	777,526	Issued new shares to increase capital by 150,000	None	Effective Date: February 29, 2024 Ref. No. of approval: Chingshoushangtzi 11330024440

(II) Capital and Shares
April 20, 2026 Unit: shares

Type of Stock	Authorized Share Capital	Notes

	Outstanding shares (Note)	Treasury stock	Unissued Shares	Total
Common Share	73,585,623	4,167,000	102,247,377	180,000,000

Note: The outstanding shares of the Company are the shares of the listed company

(III) Information Related to Shelf Registration: not applicable.

(IV) List of major shareholders: Shareholders with more than 5% shareholding ratio or among the top 10 shareholders

April 20, 2026 Unit: shares

Name of major shareholder	Number of shares held	Shareholding ratio
Wang, Yi-Heng	6,412,220	8.25%
Chiu, Yi-Chun	3,352,000	4.31%
Chiang, Hsiu-Hua	2,005,000	2.58%
Teng Tzu-Fang	1,923,000	2.47%
Tung, Ta-Hai	1,525,000	1.96%
Chou Chia-Ju	1,382,000	1.78%
Chou Ting-Hsin	1,302,000	1.68%
Lin Ching-Yao	1,205,000	1.55%
Li, Pi-Ling	1,039,000	1.34%
Tang, Hui-Chun	1,012,000	1.30%

(V) The Company's dividend policy and implementation:

Dividend policy:

In accordance with Article 27 of the Company's Articles of Incorporation, when the Company makes a profit in a fiscal year, 2% to 10% of the profit shall be allocated as remuneration of employees. The recipients of the remuneration include employees of parent and subordinate companies who meet certain conditions, and among which 0.1% to 1% shall be allocated for the salary adjustment or distribution of remuneration of entry-level employees. The board of directors is authorized to determine the criteria and distribution method of such remuneration through resolution. In addition, the Company may also appropriate no more than 3% of the aforementioned profit as remuneration of directors through resolution of the board of directors. The board of directors shall determine whether to have the aforementioned remuneration distributed in the form of stock or cash before reporting to the shareholders' meeting. However, directors' remuneration shall only be paid in cash. The Company shall reserve an amount equivalent to the accumulated losses, if any, for compensation in advance, and then appropriate employees' remuneration and directors' remuneration according to the

proportion stated in the preceding paragraph.

At the end of each fiscal year, if there is surplus earning, the Company shall first pay taxes and make up for the cumulative losses, then set aside a legal reserve of 10% of the net profit (except when the accumulated legal reserve equals to the paid-in capital of the Company). In addition, the Company may appropriate or reverse the special reserve in accordance with the laws and regulations. The remaining profit, if any, together with the accumulated unappropriated retained earnings are the accumulated distributable amount. The board of directors shall propose the earnings distribution plan, which should be reported to the shareholders meeting for resolution before distribution if it is to be distributed with new shares issued. If the Company distributes dividends and bonuses or all or part of the legal reserve and additional paid-in capital in cash, the board of directors is authorized to handle it with the presence of more than two-thirds of the directors and the consent of more than half of the directors present, which should be reported to the shareholders meeting afterwards.

Taking into account the interests of shareholders and the long-term financial planning of the Company, an amount equivalent to 15% or more of the distributable earnings is appropriated and distributed as shareholder dividends every year; however, the accumulated distributable earnings less than 50% of the paid-in capital may not be distributed. Among them, cash dividends shall not be less than 10% of the total dividends. If the cash dividend per share is less than NT$0.5, stock dividends should be distributed instead.

Dividend distribution proposed in the current shareholders' meeting:

According to Article 27 of the Articles of Incorporation, if the Company's dividends and bonuses are to be distributed in cash, authorization shall be made with the attendance of at least two-thirds of the directors at the board meeting and the consent of more than half of the directors present.

On March 12, 2026, the Board of Directors of the Company resolved to distribute cash dividends of NTD 367,928,115 to shareholders from the distributable earnings for 2025, with a cash dividend of NTD 5 per share. The Chairman was authorized to further set the ex-dividend date, and other related matters.

(VI) Impacts of the stock dividend proposed at the shareholders' meeting on the Company's operating performance and earnings per share: Not applicable.

(VII) Employee bonus and remuneration to directors:

The percentage and range of employees' and directors' remuneration as set forth in the Articles of Incorporation: If the Company has a profit in the year (the so-called profit is the pre-tax profit before distribution of employees' and directors' remuneration), 2% to 10% of the profit shall be appropriated for employees' remuneration, of which 0.1% to 1% shall be allocated for salary adjustments or remuneration distribution to entry-level employees. At the same time, the Company may appropriate no more than 3% of

the above-mentioned profit as the directors' remuneration, as determined by the board of directors.

The basis for estimating the amount of employees' and directors' remuneration, the basis for calculating the number of shares for distribution of employee remuneration, and the accounting treatment if the actual distributed amount differs from the estimated number: When there is a difference in the amount, it is treated as a change in estimate.
The distribution of remuneration approved by the board of directors:

(1) Amounts of cash and stock dividends to employees and remuneration to directors: For 2025, the Company proposes to distribute employees' remuneration in cash in the amount of NT$6,367,415 (including NT$63,674 allocated as remuneration for entry-level employees) and directors' remuneration in the amount of NT$3,732,585.

(2) If the amount of employees' cash, stock and directors' remuneration is different from the estimated amount of the recognized expense, the difference, reason and treatment status should be disclosed: There is no difference between the actual distribution and the recognized amount.

(3) Proposed employee stock compensation amount and its proportion to the sum of net income after tax and total employee compensation in the current entity-level or individual financial report: The Company does not distribute employee compensation in the form of stock.

If the actual distribution of employees' bonus and remuneration to directors and supervisors in the previous year differed from the recognized amount of employees' bonus and remuneration to directors and supervisors, the difference, the cause and treatment shall be stated: There is no difference in the actual distribution amount and the recognized amount.

(VIII) Status of the Company's repurchase of its own shares:

Number of times of repurchase	9th	10th	11th	12th	13th
Actual repurchase period	January 21, 2025–March 19, 2025	April 11, 2025–May 12, 2025	November 7, 2025–November 18, 2025	November 24, 2025–December 24, 2025	January 5, 2026–February 26, 2026
Type of shares repurchased	Common shares	Common shares	Common shares	Common shares	Common shares
Repurchase Purpose	Transfer shares to employees
☐ Equity conversion
☐ To maintain company credit and shareholders’	Transfer shares to employees
☐ Equity conversion
☐ To maintain company credit	Transfer shares to employees
☐ Equity conversion
☐ To maintain company credit	Transfer shares to employees
☐ Equity conversion
☐ To maintain company credit	Transfer shares to employees
☐ Equity conversion
☐ To maintain company credit

	equity	and shareholders’ equity	and shareholders’ equity	and shareholders’ equity	and shareholders’ equity
Planned number of shares to be repurchased	2,000,000 shares	1,500,000 shares	1,500,000 shares	1,500,000 shares	1,000,000 shares
Actual number of shares repurchased and percentage of total issued shares (%)	1,638,000 shares 2.11%	1,482,000 shares 1.91%	1,500,000 shares 1.93%	1,500,000 shares 1.93%	1,000,000 shares 1.29%
Actual repurchase amount	$74,584,795	$72,450,832	$75,712,876	$72,474,141	$49,032,178
Implementation status of the share repurchase	☐ Completed
☑ Not completed
Reason: To safeguard shareholders’ equity while taking market mechanisms into consideration, the Company adopted a batch repurchase strategy based on share price movements and trading volume conditions; therefore, the repurchase was not fully completed.	☐ Completed
☑ Not completed
Reason: To safeguard shareholders’ equity while taking market mechanisms into consideration, the Company adopted a batch repurchase strategy based on share price movements and trading volume conditions; therefore, the repurchase was not fully completed.	☑ Completed
☐ Not completed
Reason:	☑ Completed
☐ Not completed
Reason:	☑ Completed
☐ Not completed
Reason:
Reporting status at the most recent shareholders’ meeting	June 20, 2025
2025 shareholders’ meeting	June 20, 2025
2025 shareholders’ meeting	June 18, 2026
2026 shareholders’ meeting	June 18, 2026
2026 shareholders’ meeting	June 18, 2026
2026 shareholders’ meeting
Number of shares cancelled or transferred	1,552,000 shares	1,401,000 shares	0 shares	0 shares	0 shares
Number of shares not yet cancelled or transferred	86,000 shares	81,000 shares	1,500,000 shares	1,500,000 shares	1,000,000 shares

II. Status of Corporate Bonds:

(I) Status of Private Placement of Domestic Secured Convertible Corporate Bonds

Type of Corporate Bond		Third Domestic Secured Convertible Corporate Bond (Private Placement)
Issuance (Processing) Date		November 13, 2024
Face Value		NT$100,000
Issuance and Trading Location		Taiwan
Issue Price		Issued at full par value
Total Amount		NT$300,000,000
Interest Rate		0%
Term		3-year term, Maturity Date: November 13, 2027
Guarantor Institution		Entie Commercial Bank, Ltd.
Trustee		Not applicable
Underwriter		Not applicable
Certifying Attorney		Not applicable
Certifying Accountant		Not applicable
Repayment Method		Unless the bondholders convert the bonds into common shares of the Company in accordance with Article 10 of the issuance and conversion regulations of these convertible bonds, or exercise the put option in accordance with Article 19, or the Company exercises its call option in accordance with Article 17, the bonds will be repaid in one lump sum in cash at 100% of face value upon maturity
Outstanding Principal		All outstanding bonds were fully redeemed and cancelled on April 1, 2026, and the redemption and payment distribution were completed on April 2, 2026. As of the publication date of the annual report, the outstanding principal balance was NT$0.
Redemption or Early Repayment Terms		Please refer to the issuance and conversion regulations of the Third Domestic Secured Convertible Corporate Bond
Restrictive Covenants		None
Credit Rating Agency Name, Rating Date, and Corporate Bond Rating Result		None
Other Attached Rights	Amount Converted into Common Shares, Global Depositary Receipts, or Other Securities as of the Publication Date of this Annual Report	None

Type of Corporate Bond		Third Domestic Secured Convertible Corporate Bond (Private Placement)
	Issuance and Conversion (Exchange or Subscription) Regulations	Please refer to the issuance and conversion regulations of the Third Domestic Secured Convertible Corporate Bond
Impact of Issuance and Conversion, Exchange, or Subscription Regulations and Issuance Terms on Potential Equity Dilution and Existing Shareholders' Equity		The corporate bonds have been fully redeemed prior to maturity. The issuance terms did not grant any rights of conversion, exchange, or subscription, nor did they involve any equity conversion mechanism; therefore, there was no dilutive effect on the equity structure and no impact on the rights and interests of existing shareholders.
Name of Custodian Institution for Exchange Targets		Not applicable

(II) Convertible Bond Information

Type of corporate bond		Third Domestic Secured Convertible Corporate Bond (Private Placement)
Year Item		2024	For the Current Year up to the Publication Date of this Annual Report
Market Price of Convertible Bonds	Highest	N/A	N/A
	Lowest	N/A	N/A
	Average	N/A	N/A
Conversion price		30.68	Full repayment was completed on April 2, 2026, and the conversion rights were extinguished; therefore, no actual conversion occurred.
Issuance (Processing) Date and Conversion Price at Issuance		Issued on November 13, 2024, with a conversion price of NT$30.68
Method of Fulfilling Conversion Obligations		Issuance of new shares

III. Issuance of preferred shares: None.

IV. Issuance of depository receipts: None.

V. Employee stock options: None.

VI. Names of managers who have obtained employee warrants and names of employees who rank among the top 10 in terms of the number of shares that may be subscribed to receive employee warrants: None.

VII. Status of restricted stock awards (RSA): None.

VIII. Names of managers and top ten employees acquiring new shares with restricted employee rights, and the circumstances under which they acquired such shares: None.

IX. New Share Issuance Related to Mergers and Acquisitions:

(I) In the most recent year and up to the printed date of the annual report, the Company has not merged or acquired any new shares issued by other companies.

(II) In the most recent year and up to the printed date of the annual report, the Company has not merged or acquired any new shares issued by other companies that have been approved by resolution of the board of directors.

X. Implementation of fund application plans:

As of the quarter preceding the publication date of this annual report, the content and implementation status of plans for previous issuances or private placements of securities that have not been completed, or that have been completed within the last three years but whose benefits have not yet been realized:

(I) Third Domestic Secured Convertible Corporate Bond (Private Placement):

Total funds required for this plan: NT$300,000,000
Source of funds: Issuance of privately placed convertible bonds
Plan items and implementation schedule:

(1) The original planned use of funds was entirely for reinvestment in the expansion of medical aesthetics channels and biotechnology and medical businesses, with a plan to expand seven clinics and complete utilization before the first quarter of 2028.

(2) Actual implementation status is as follows:

♦ Amount utilized for investment in medical aesthetics businesses: NT$50,000,000 (completion of the establishment of two clinics).

♦ Remaining amount: NT$250,000,000, the use of which was changed to repayment of the principal of the privately placed convertible bonds in order to reduce the debt ratio and optimize the financial structure.

Implementation status: Due to 2025 revenue and profitability performance falling short of the original expected targets, the Company, after prudent evaluation, adjusted its operating strategy from an aggressive growth-oriented approach to a more stable operational approach in order to reduce investment risks and strengthen funding flexibility. Accordingly, the Company temporarily suspended subsequent medical aesthetics channel expansion plans and carried out the early redemption of the convertible bonds in accordance with the issuance terms. The bonds have now been fully redeemed.
Impact on the Company's investment gains and losses: This adjustment to the use of funds was made based on considerations of the overall operating strategy and optimization of the financial structure. In the short term,

investment benefits will gradually be reflected through the existing completed investment projects, while in the long term, the adjustment is expected to help reduce financial leverage and enhance the Company's financial stability, thereby providing positive benefits to overall operations.

Four. Operational Overview

I. Business Activities

(I) Scope of Business

The main business scope of the Company

(1) Electronics business segment: Sales of telecommunication connectors, wireless remote controls, and connection cables.

(2) Lang Live Streaming Platform: It is an APP that integrates real-time live video and social interaction. The platform was established in October 2016 to focus on the development and training of talented streamers. In 2020, it was extended to game streaming channels, teammate matching platforms, and social audio platforms.

(3) Sales of pre-owned high-end luxury vehicles: Expansion into the sales business of pre-owned high-end luxury vehicles, targeting the high-end customer market. Through professional vehicle sourcing evaluation and comprehensive sales service mechanisms, the Company aims to enhance operational diversification and sources of profitability.

Percentage of total net operating revenue

The consolidated percentages of total net operating revenue the Company's main products are as follows:

Unit: NTD thousand

Business items	Net operating revenue	Percentage of total net operating revenue (%)
Streaming platform	2,886,111	89.70
Sale of goods	248,627	7.73
Others	82,836	2.57
Total	3,217,574	100.00

Current business items:

(1) Electronic components trading: Primarily engaged in the sales of electronic components such as connectors and various types of connection cables.

(2) Lang Live Streaming Platform: "Lang Live" is a mobile application (APP) integrating real-time video livestreaming and social interaction functions. The platform was established in October 2016 and focuses on the development and cultivation of talent-based streamers, while continuously optimizing content quality and user experience to strengthen the platform's competitive advantages.

(3) PlayOne: "PlayOne" is a companion gaming service platform centered on game interaction, dedicated to creating a social environment where gamers can share their passion for esports and entertainment experiences, thereby enhancing user engagement and diversifying the platform's revenue sources.

(4) Sales of pre-owned high-end luxury vehicles: The Company is engaged in the trading of pre-owned high-end luxury vehicles, targeting the high-end consumer market and providing professional evaluation and sales services.

Strategic Plan for New Product (Service) Development:

(1) Development strategy for sales of pre-owned high-end luxury vehicles: The Company continues to expand its sales business for pre-owned high-end luxury vehicles in Taiwan, targeting customer groups with relatively strong purchasing power and social-economic status. Going forward, the Company will evaluate the potential integration and application of its existing livestreaming platform resources to enhance market reach and customer base for both businesses through brand exposure, marketing collaboration, and interaction mechanisms with potential customers, thereby creating synergies across business segments. Overall development will prioritize risk control and capital efficiency and will be advanced in a gradual and prudent manner.

(II) Industry overview

Current status and development of the industry

A. Electrical connector industry:

Electrical connector is an important bridge between the connection circuit and the signal. To maintain the normal and stable functions of an electronic product, the product quality of an electrical connector is very important. Initially, connectors were mainly used in the military industry. As time went by along with the improvement of science and technology, connectors are now widely used in communications, consumer electronics, national defense, computers, automobiles, rail transit and other fields, and have become a complete range of products with rich specifications, diverse structures, subdivisions in professional directions, standardized standard system, serialization, and specialization.

The global connector market is projected to reach $98.2 billion by 2030, with a compound annual growth rate (CAGR) of 3.6% from 2024 to 2030. Key drivers for this market include growth in the communications and consumer electronics industries, miniaturization of electronic devices, and increased electronic content in vehicles. The future outlook for the global connector market is promising, with opportunities across transportation, communications/data communications, computers and peripherals, industrial, and consumer electronics sectors.

The connector market is experiencing significant growth. Critical factors driving market expansion include the proliferation of electronic devices, development of advanced communication networks, and growing demand for compact, reliable connection solutions. Connectors are essential components ensuring efficient, secure connections and enabling seamless transmission of signals and power across various applications.

B. Online Streaming Industry:

The development of the online livestreaming industry has spanned more than a decade, emerging in Mainland China around 2011 to 2012 before gradually expanding into global markets. Looking back at the development of the internet industry, the late 1990s to early 2000s were dominated by portal websites and search engines, led by the growth of Yahoo and Google. Subsequently, during the

early to mid-2000s, video-sharing platforms emerged, represented by YouTube. This was followed by the era of social media, during which platforms such as Facebook, Twitter, LINE, WhatsApp, and WeChat gradually transformed interpersonal interaction and content dissemination models.

During the mid-to-late 2000s, video streaming platforms emerged, with operators such as Netflix, iQIYI, and Tencent driving the development of long-form video subscription models. With the widespread availability of internet bandwidth and mobile devices, the livestreaming industry experienced rapid growth in the early 2010s. Among these, gaming livestreaming platforms represented by Twitch became particularly prominent, while Mainland China also saw the emergence of platforms such as Huya and Douyu. Livestreaming subsequently expanded into diversified formats including talent performances and social networking, represented by platforms such as Inke and YY. In the Taiwan market, local platforms such as 17LIVE, UpLive, and Lang Live emerged and gradually established business models centered on user top-ups, virtual gifts, and subscription mechanisms.

Mobile livestreaming became rapidly popular between 2015 and 2016, enabling users to watch and participate in livestream content anytime and anywhere while influencing content presentation through real-time interaction (User Generated Content, UGC). Compared with traditional video content or one-way social media platforms, livestreaming offers high interactivity and immediate monetization capabilities, attracting a large number of creators and users.

Since 2020, the application scenarios for livestreaming have expanded significantly due to the impact of the COVID-19 pandemic. Corporate events, brand marketing, e-commerce sales, and entertainment content all accelerated the adoption of livestreaming models, driving rapid industry growth. In the post-pandemic period (2023 to 2025), although the livestreaming industry returned to normalized growth, stable digital content consumption habits had already been established, and livestreaming became deeply integrated with short-form videos and social commerce, making it an important component of the digital economy.

In terms of market scale, the global livestreaming and game livestreaming industries continue to grow, benefiting from the popularization of the gaming industry, the rise of the creator economy, and advances in interactive technologies, thereby maintaining stable market expansion overall. In the Taiwan market, due to high mobile internet penetration and mature user payment habits, the livestreaming industry has become a relatively mature market, with consumer spending demonstrating a certain degree of competitiveness within Asia. Even in mature markets, livestreaming-related consumption continues to account for a meaningful proportion of overall digital entertainment expenditure, indicating a solid foundation for long-term demand.

Overall, as digital content consumption patterns continue to evolve, the creator economy further develops, and technological advancements such as AI recommendations and virtual streamers are introduced, the online livestreaming industry is expected to continue progressing toward greater diversification and commercialization and is anticipated to retain future growth potential.

C. Pre-owned Automobile Sales Industry:

With the development of the global economy and continuous advancements in automobile manufacturing craftsmanship and automotive technology, the automotive market in recent years has experienced supply chain restructuring and adjustments in demand structure. During the pandemic period, shortages of automotive chips led to delays in new vehicle deliveries, prompting consumers to turn to the used car market and driving increases in both used vehicle prices and transaction volumes. As the pandemic subsided and supply chains gradually recovered, the new vehicle market experienced a significant rebound in 2023. However, the overall automotive market has continued to be affected by factors such as the global economic slowdown, high interest rate environment, and increasingly conservative consumer spending behavior, resulting in more moderate market growth momentum.

Entering 2024 and 2025, although the supply of automotive chips improved compared with previous years and delivery lead times for new vehicles gradually returned to normal, the overall automotive market continued to be influenced by macroeconomic uncertainties, causing fluctuations in new vehicle sales performance. In the Taiwan market, total new vehicle sales in 2024 declined slightly compared with 2023, while in 2025, market demand demonstrated stable development amid a moderate economic recovery.

By contrast, the used car market has continued to attract budget-conscious consumers and replacement buyers due to advantages such as greater pricing flexibility, faster vehicle delivery, and more diversified choices. The market size has consistently remained approximately 1.5 to 2 times that of the new vehicle market over the long term. As consumers increasingly emphasize cost-performance ratio and immediate vehicle availability, transaction volume in the used car market continues to be supported. In particular, demand in the high-end and luxury vehicle segment has remained relatively stable due to slower depreciation and better value-for-money characteristics.

In addition, the gradual maturation of digital platforms and online transaction models in recent years has enhanced transaction transparency and efficiency in the used car market, further driving the industry toward branding and professionalization. Overall, amid the slowdown in growth of the new vehicle market, the used car market continues to maintain a stable growth foundation. Driven by trends in high-end vehicle demand and digital sales channels, Taiwan’s

used vehicle market is expected to retain future growth potential.

2. The relations between the up-, mid-, and downstream industries

A. Electrical connector industry

Connector products generally refer to all the connection components and their accessories used for the signal and power of electronic products, including related wires, sockets, plugs, etc., which belong to the connector in a broad sense. It connects the circuits, modules and systems in electronic products, and is also a bridge between all signals. Its quality affects the reliability of current and signal transmission, and also the operation of the entire electronic product. Therefore, high sensitivity is required for the circuit design of a connector. The relationship between the up-stream, mid-stream and down-stream of the electrical connector industry is shown below:

B. Online Streaming Industry

When it comes to the streaming industry, one cannot help but mention influencers or internet celebrities; and when it comes to internet celebrities, that reminds people of streamers. With the reduction of the cost and technical threshold of streaming, many changes have taken place in the way of how many people remember and convey things. Nowadays, it's quite normal to see people holding their mobile phones and sharing videos in real time at restaurants, shopping malls, scenic spots, airports, classrooms, and other places in daily life. These diverse communication scenarios have made people who are determined to develop a business model start to think about how to train internet celebrities or streams with good looks and various types of performance abilities to enter the streaming industry in a planned way. The relationship between the up-stream, mid-stream and down-stream of the streaming industry is shown below:

The upstream is mainly content providers (streamers), copyright owners, and software and hardware service companies; the mid-stream is mainly the streaming platform and content dissemination, and the downstream is the end consumer. The Group's Lang Live platform is more of a mid-stream player in the online streaming industry. The Group provides streamers with a channel for performances, and also provides talent management companies and artists (streamers) an outlet (a stage for development and performances).

Upstream Pharmaceutical and Equipment Manufacturers Possess Technological Moats, Creating High Entry

Barriers

C.Pre-owned Automobile Sales Industry:

The pre-owned car industry value chain consists of: Primary upstream: Vehicle suppliers (sellers); Midstream: Pre-owned car dealers (intermediaries); Downstream: Consumers (buyers)

3. Product development trends and competition

A. Electronic Connector Products: The Company's original traditional electronic connector products have faced increasing market competition pressures due to the rise of mainland China's supply chain, resulting in continuously declining gross margins. Combined with a lack of new model development, this has led to customer attrition. Currently, this product line is gradually shrinking.

B.Online Streaming $^+$

In recent years, the industry has demonstrated the following development trends:

a. Integration of livestreaming and short-form videos: Platforms such as TikTok and Instagram have integrated short-form videos and livestreaming functions to enhance traffic conversion and user engagement.

b. Rapid growth of livestream e-commerce: Livestreaming has become one of the major sales channels, driving real-time consumption and impulse purchasing behavior.

c. Diversified monetization models: In addition to traditional tipping and subscription models, revenue sources such as advertising revenue sharing, brand collaborations, e-commerce referrals, and virtual economies (such as virtual gifts) have become increasingly diversified.

d. Content professionalization and platform concentration: Leading creators and major platforms continue to expand their market influence, while small and medium-sized platforms are developing toward niche markets.

The Company continues to deepen its "live streaming +" development strategy and plans to expand into overseas markets including Japan and Southeast Asia. Although the Japanese market has relatively high cultural and market entry barriers, its strong digital content consumption capability and mature payment habits make it one of the livestreaming markets in Asia with high value-generation potential. Meanwhile, Southeast Asia possesses advantages such as demographic dividends, rising mobile internet penetration, and a high proportion of young consumers, making it an emerging market with strong growth momentum for the livestreaming industry.

Overall, following the rapid growth of the global livestreaming industry during the pandemic, the market has gradually entered a stage of stable development. As demand for digital entertainment and online social interaction continues, livestreaming remains one of the key forms of content consumption. In particular, the game livestreaming sector continues to benefit from the development of the esports industry, the popularity of mobile gaming, and the rise of the creator economy, maintaining growth trends in both audience size and market scale. Emerging markets such as Southeast Asia, India, and certain regions of Latin America continue to demonstrate strong growth potential due to increasing smartphone penetration and the popularity of mobile esports, while growth in mature markets has become relatively stable.

In the Taiwan market, due to mature user payment habits and intense competition, various types of livestreaming platforms—including entertainment-oriented, gaming-oriented, and social-oriented platforms—continue introducing new services and features, driving the overall market growth toward diversification. Under such a competitive environment, relying solely on a single livestreaming model has become insufficient to sustain differentiated competitive advantages.

Accordingly, the Company continues to promote its “Livestreaming+” strategy by enhancing platform value through cross-sector integration. The principal

development directions are as follows:

Livestreaming + gaming: Integrating mobile games and interactive entertainment to enhance user participation and platform engagement.

Livestreaming + esports companion gaming: Combining esports and social interaction to expand the young consumer market.

Livestreaming + community management: Strengthening user relationships and the content ecosystem to improve long-term retention and activity levels.

Livestreaming + e-commerce: Introducing product sales and brand collaborations to expand diversified revenue sources.

Overall, through the development of diversified “Livestreaming+” application scenarios, the Company is able to extend the commercial value of its livestreaming platforms and establish differentiated advantages in a highly competitive market. Going forward, the Company will continue to drive operational growth through product innovation and overseas market expansion.

C. Pre-owned Luxury Automobile Sales:

As of the first eleven months of 2025, cumulative sales in Taiwan’s new vehicle market were slightly lower than those of the previous year, reflecting relatively stable market performance. However, the used car market continued to maintain steady growth, with annual market size remaining approximately 1.5 to 2 times that of the new vehicle market. In particular, within the high-end luxury vehicle segment, the used car market continues to demonstrate significant growth potential due to high price thresholds, limited supply, and consumers’ reluctance to wait for new vehicle delivery lead times. Price ranges generally begin at approximately NT$5 million to NT$8 million, while premium models may reach several tens of millions or even exceed NT$100 million, forming a specialized and highly segmented market.

In terms of market competition, the high-end used vehicle market is characterized by “supply-demand differentiation” and “brand differentiation.” Certain international brands and authorized dealers provide certified pre-owned vehicle programs with enhanced warranty and service offerings, while simultaneously facing competition from private owners and professional dealerships. When purchasing pre-owned high-end luxury vehicles, consumers not only emphasize vehicle quality, but also place importance on the convenience and trustworthiness of the purchasing process.

The Company possesses extensive online livestreaming customer resources and, through the livestreamer community of Lang Live, enjoys advantages in reaching high-value potential customers. Through livestream referrals and interactive engagement, existing users may be converted into potential consumers, thereby further expanding the customer base for the pre-owned high-end luxury vehicle market. Going forward, the Company will continue leveraging its livestreaming resources in combination with market data analysis to provide precise services and marketing, thereby enhancing the brand’s competitiveness and market penetration

within the high-end pre-owned vehicle market.

Overall, as consumers become increasingly sensitive to new vehicle delivery lead times and as the pre-owned high-end luxury vehicle market continues to develop toward greater specialization and differentiation, the Company's online livestreaming resources are expected to become a key advantage for future business expansion and contribute to the continuous growth of market share.

R&D expenses invested and successfully developed technologies or products in the most recent year and up to the date of printing of the annual report:

Unit: NTD thousand, %

Year	R&D achievements	R&D expenses
2024	• Virtual idol live streaming technology
• Generated images
• AI language model: real-time conversation/semantic identification
• Direct engine optimization
• Voice-driven customized filters	132,919	4.67%
2025	• Interactive gift-throwing features
• Real-time multilingual subtitle translation
• Intelligent AI customer service integrated with a knowledge base for real-time user inquiry responses
• Beauty engine optimization	133,522	4.15%
Q1 2026	• Short-form video editor
• Streaming quality analysis tools
• Recommendation algorithm optimization	37,784	4.46

(III) Short-term and long-term business development plans

Short-term development plans:

(1) To deepen the core livestreaming business

The Company will continue to optimize the technology of the Lang Live platform, content innovation, and streamer economy ecosystem to enhance user engagement and conversion efficiency of paying users.
The Company will strengthen market penetration in Taiwan while prudently evaluating overseas market expansion opportunities, with priority focus on Southeast Asia and Japan.

(2) To diversify business expansion and synergistic operations

Utilize livestreaming platforms, community traffic, and digital content resources to strengthen traffic integration and interactive synergies among

various business segments and enhance overall operational effectiveness.

Deepen cross-industry cooperation and business model integration to improve market penetration and user engagement.

(3) Operational management and flexible adjustment: The Company will conduct rolling reviews and adjustments of operating strategies based on market developments and operating performance to ensure steady growth in operational results.

2. Long-term development plans:

(1) Establishment of a livestreaming traffic ecosystem:

The Company will continue strengthening livestream content innovation, data analytics, and technological application capabilities to improve platform economies of scale and user conversion rates.

(2) Cross-industry traffic monetization and diversified operations: The Company will extend community resources accumulated through livestreaming into other industries with growth potential to establish replicable monetization models.

(3) International and regional expansion: In addition to consolidating its leading position in the Taiwan market, the Company will prudently evaluate overseas market opportunities and reduce market entry risks through strategic partnerships or integration of local resources.

(4) Organizational upgrading and risk management: The Company will strengthen internal controls, compliance systems, and professional talent deployment to enhance the Group's operational management capabilities and risk control standards and ensure sustainable corporate development.

II. Overview of the market, production and sales

(I) Market analysis

Sales regions of main products in 2025

Unit: NTD thousand, %

Sales area		Net sales	Ratio
Domestic sales		2,928,707	91.02%
Export	China	229,361	7.13%
	Others	59,506	1.85%
Total		3,217,574	100.00%

2. Market share

The Company's livestreaming business is primarily divided into two major categories: interactive entertainment livestreaming and game livestreaming.

For interactive entertainment livestreaming (including talent-based, social, and comprehensive interactive content), according to a report published by Frost & Sullivan, Taiwan's interactive livestreaming market reached approximately NT$9 billion in 2022 and is expected to exceed NT$15 billion by 2027.

In 2025, revenue generated from interactive livestreaming by Lang Live under the Group amounted to approximately NT$2.886 billion. Based on the aforementioned market size estimates, the Company's market share is estimated at approximately 15% to 20%, indicating that the Company maintains a solid market position within the interactive livestreaming sector.

With respect to game livestreaming, according to data from Statista and Frost & Sullivan, Taiwan's game livestreaming market size in 2025 was approximately NT$1 billion (US$328 million).

Although the scale of game livestreaming is smaller than that of interactive livestreaming, game livestreaming demonstrates high audience engagement and strong paid user conversion rates. The Group also participates in certain game livestreaming businesses and continues to accumulate brand and user resources, serving as a potential supplementary market for future cross-industry traffic generation and integration.

Future supply, demand and growth in the market

In view of the government's policies in recent years to encourage the cultural and creative industries and the promotion of the development of the creative content industry in the country, coupled with the fact that the Company's original electrical connector-related business is facing industrial bottlenecks, the transformation is imminent, and the Company has begun to comprehensively transform into a network technology company. Due to the rapid development and popularization of the Internet in recent years, the online world and online consumption have undergone structural changes. Traditional recreation activities such as watching TV or listening to music at home or going to the theater to watch a movie is no longer the first choice for the younger generation. Watching TV and movie has been gradually replaced by online streaming platforms, such as NETFLIX, iQIYI, or TENG; listening to music can be done on Spotify or YouTube; online live streaming is an emerging industry that has become popular in recent years, as livestreaming offers a unique level of interaction and engagement with audiences. Creators can reply to comments and questions in real time, cultivating a sense of community and connection. Live streaming has become a popular medium for covering events, conferences, sports competitions and concerts, enabling remote audiences to experience the event as if they were there.

The 2024-2028 live broadcast global market report indicates that it is expected that from 2023 to 2028, the live broadcast market will reach USD 13.94 billion, with a compound annual growth rate of 13.47% during the forecast period. The market's driving factors include the increasing popularity of smart phones and the convenience of the Internet, the increasing popularity of live broadcasting, and the increasing popularity of e-sports. The study identified advanced technologies and the integration of online streaming services as the key factors driving the growth of the live streaming market in the next

few years. In addition, with the growing popularity of smart TVs and the emergence of new platforms that introduce live streaming media, it is expected that the market demand will be great.

In addition, esports and video games are becoming more and more popular among the millennials and Generation Z, and real-time game streaming is gaining momentum. By the end of 2021, the number of global viewers of gaming streams will reach 728.8 million, an increase of 10% from 2020. Therefore, by 2024, the growth rate of the number of live game viewers will gradually return to a more natural level. By then, the total number of global live game viewers will reach 920.3 million. The Company is committed to creating an entertainment platform where gamers are happy to share their passion for esports platform.

Furthermore, the global used car market is projected to reach $2.0488 trillion in 2023 and expand to $3.7761 trillion by 2030, representing a compound annual growth rate (CAGR) of 8.9%. While competition in Taiwan's new and used automobile markets remains intense, our company anticipates entering a used car market with greater annual production volume compared to the new car market—averaging 1.5 to 2 times that of the new car market annually. The high-end luxury automobile sector represents a particularly specialized industry targeting top-tier clientele, especially High Net Worth Individuals (HNWIs), whose purchasing power exceeds common expectations. Accordingly, by the end of 2024, our company will enter the pre-owned high-end luxury automobile sales market.

Competitive niche

Since its launch, the Group's Lang Live platform has continued to innovate, creating the best interests of the Company at all times, and continuing to provide consumers with the highest quality online livestreaming service. Currently, more than 11,000 streamers/hosts have signed a contract. They mainly focus on talent/show streaming, and boast a "green streaming" corporate culture that does not involve negative business models such as erotic nudity, political speech, violence and bloodshed, and streamers chatting on behalf of others. Monthly active users are nearly 200,000, and the download volume across Taiwan is nearly 6.3 million. The Group also has a 24-hour two-way monitoring system and online customer service. When there is inappropriate speech or message in the livestream room, a warning will be issued or the account will be frozen to eliminate controversial content.

Starting from live broadcasting, the Group has combined technology and cultural creativity to transform the ecology of the entertainment industry and the traditional star-making industry chain. Beyond our existing Lang Live streaming platform, we continuously develop or secure agency rights for businesses complementary to live streaming. We are also establishing new business ventures by leveraging resources from our content creators and viewer demographics to strengthen our group's competitive

positioning.

The favorable and unfavorable factors for future development and countermeasures

A. Favorable factors

Rapid industry growth: Taiwan's online livestreaming market remains in a rapid growth stage, and future market scale and user demand are expected to become increasingly diversified.
Core competitive advantages of the Company: The Group has long been dedicated to internet technology businesses and possesses an innovative research and development team capable of responding rapidly to industry changes.
Balanced user structure: The ratio of male to female users on the Lang Live platform is approximately 5:5, which is more balanced than many competing platforms. As the platform does not excessively rely on a specific gender demographic, its revenue source is relatively stable.
Cross-industry traffic generation capability: The livestreaming platform can integrate communities, gaming, entertainment interaction, and other business resources to establish diversified monetization models.

B. Unfavorable factors and countermeasures

i. The Internet industry has begun to compete excessively. For example, in online streaming, major platforms have begun to increase their investment in poaching for quality streamers. The Group's main response measures are to provide a good performance environment for the streamers, to strengthen the Group's green corporate culture, and to attract streamers who identify with the Group's corporate culture to join the Lang Live platform.
ii. The ecology of online streaming is diversified, and the relatively simple streaming method is gradually unable to attract users and gamers. At present, live shows/talent/singing livestreams are the mainstream online. In order to attract more players and achieve diversification purposes, many livestream platforms have added other types of live broadcasts, such as games or shows.

iii. Countermeasures:

The Company will focus on platform technology upgrades, content innovation, and optimization of the streamer economy ecosystem.
The Company will deepen platform interactivity and entertainment value in order to enhance platform attractiveness and long-term retention rates.
The Company will utilize user data and community resources as the basis for decision-making and precisely direct traffic toward industries with high growth potential.

(II) Important functions and production processes of main products

Key Product Applications: Our company no longer manufactures electronic connectors, connection cables, or other wire materials. Currently, we only engage in the trading and sales of these items. Our consolidated revenue is not derived from products but rather from online live streaming operations.
Main Product Manufacturing Process: Our company no longer manufactures electronic connectors, connection cables, or other wire materials. Currently, we only engage in the trading and sales of these items. Our consolidated revenue is not derived from products but rather from online live streaming operations.

(III) Supply of main raw materials

Connectors, cables and remote controls:

Main raw materials	Name of supplier
Connector hardware parts	Jyh Woei Industrial Co., Ltd.
Connector hardware parts	Yu Wei
Plastic parts	C.Y. Machinery Co., LTD.
Connector hardware parts	Fu Feng
Connector hardware parts	COSEI Technology Co., Ltd.

2. Online Streaming Business:

The Company has organized a transformation into the field of network technology since 2020 and developed the online livestream business. The main business content is online livestream. Its cost structure mainly includes manpower input, online livestreaming product research and development, design, production, planning, and other non-physical product cost, thus it's not applicable.

(IV)List of major customers:

Information of major suppliers in the past two years:

Unit: NTD thousand

	2024				2025				For the First Quarter of Fiscal Year 2026
Item	Title	Amount	As a percentage of the annual net purchase (%)	Relations with the issuer	Title	Amount	As a percentage of the annual net purchase (%)	Relations with the issuer	Title	Amount	As a percentage of the net purchase as of the end of Q1 (%)	Relations with the issuer
1.	Others	2,173,231	100	None	Others	2,269,386	100	None	Others	593,621	100	None
	Net purchase	2,173,231	100		Net purchase	2,269,386	100		Net purchase	593,621	100

Note: The live streaming platform operation does not involve physical inventory procurement, and business relationships with vendors are relatively dispersed. Therefore, there are no suppliers accounting for more than ten percent of total purchases (collectively referred to as "Others").
2. Information of major customers in the past two years:

Unit: NTD thousand

	2024				2025				For the First Quarter of Fiscal Year 2026
Item	Title	Amount	As a percentage of the annual net sale (%)	Relations with the issuer	Title	Amount	As a percentage of the annual net sale (%)	Relations with the issuer	Title	Amount	As a percentage of the net sale as of the end of Q1 (%)	Relations with the issuer
1.	AA	1,306,943	45.89	None	AA	1,423,512	44.24	None	AA	403,153	47.60	None
2.	KK	427,904	15.02	None	KK	637,362	19.81	None	KK	168,350	19.88	None
3.	-	-	-	-	-	-	-	-	-	-	-	None
4.	Others	1,113,316	39.09	None	Others	1,156,700	35.95	None	Others	275,390	32.52	None
	Net sales	2,848,163	100		Net sales	3,217,574	100		Net sales	846,893	100

Note: The operation of livestreaming platform generates stored value income from end users. Although the target audience is diverse, third-party payment is still required to collect the revenue. Therefore, there are customers who reach more than 10% of the total value.

III. Employment Information

The employment information is as follows:

Year		2024	2025	For the period ending March 31, 2026
Number of employees	Staff	268	287	278
	Operator	0	0	0
	Total	268	287	278
Average age		33.6	35.3	35.3
Average years of service		2.72	2.91	3.05
Distribution of education attainment	Doctoral Degree	0%	0%	0%
	Master's Degree	18%	17%	17%
	Bachelor's Degree	74%	78%	79%
	High School Diploma	8%	4%	4%
	Below high school	0%	0%	0%

IV. Information on environmental protection expenditure

Losses due to environmental pollution in the most recent year and up to the printed date of this annual report, and disclose the estimated amount and the countermeasures that may occur now and in the future: N/A.

V. Labor-management relations

(I) The Company's various employee benefit measures, continuing education, training, pension system, and implementation thereof, as well as labor-management agreements and various employee rights protection measures:

Employee welfare measures, continuing education and training:

The Company believes that only when employees' welfare is valued can they free themselves from worries in life and devote their best efforts to work, exert their strengths, create higher-quality products to promote the overall progress and prosperity of the Company. To fulfill the Company's established mission of caring for employees' well-being and giving back to society, the Company's employee welfare measures include:

(1) Employee welfare: To enhance employee welfare, the Employee Welfare Committee has been established as required by law to allocate welfare funds and plan various activities related to employee welfare.

(2) Employee insurance and health care: The Company follows labor-related laws and regulations by providing employees with labor insurance, health insurance, and regular annual physical examinations.

(3) Year-end bonuses and employee remuneration: If the Company makes a profit for the year, the Company will appropriate 2% - 10% thereof as the remuneration to employees. Year-end bonuses may be distributed at the end of each fiscal year depending on the operating conditions and before the Lunar New Year holidays.

(4) Education and training courses: To support the Company's long-term development and improve the quality of its employees, the Company plans general and professional training, and encourages employees to participate in external training and to share what they have learned with colleagues. Through talent training, enable each employee to exert their maximum potential.

Retirement System:

The Group has adopted the new "Labor Pension Act" system in order to provide security for employees' retirement life and to improve the spirit of service on the job. Therefore, the employer appropriates 6% of the total salary to the individual account of the Bureau of Labor Insurance on a monthly basis.

Work environment and employee personal safety protection measures:

To ensure the working environment and the personal safety of employees, the Group has established the Labor Safety and Health Rules to provide a safe, sanitary and comfortable working environment. Strict access control and monitoring systems have been installed at all office locations, and elevators, air conditioners, water dispensers, fire-fighting equipment, electrical and mechanical equipment are regularly maintained and inspected in the office buildings of the Group as required by the Building's Public Safety Inspection and Fire Services Act to protect the personal safety of employees.

Important agreements between labor and management and various employee rights protection measures:

The Company always adheres to the principles of "fairness and justice" and

"reasonableness and legality". It communicates and coordinates with employees based on the consideration of reasonableness under fair and just treatment where there are no disputes, and we have been working together for sustainable management and the welfare of workers.

(1) Departmental meetings: The meetings are used to facilitate proper communication with employees so that they can understand the core and direction of the Company's development, listen to their ideas, and reach a consensus.

(2) Employee Welfare Committee meeting: This meeting enables employees to discuss various welfare measures with each other, strengthens mutual relationship, and serves as a source of reference for administrative management.

(3) Labor-management meetings: Labor-management meetings are held every quarter to communicate with employees on the Company's business and management status to protect employees' interests.

(II) Losses incurred due to labor disputes in the most recent fiscal year and up to the publication date of this annual report, and disclosure of estimated amounts and response measures for current and potential future disputes: Since its establishment, our company has maintained harmonious labor relations with no losses resulting from labor disputes. We do not anticipate any losses arising from labor disputes in future fiscal years.

VI. Cyber security management

(I) Cyber security risk management framework, cyber security policies, specific management plans, and resources invested in cyber security management.

Cyber security risk management framework

The highest organization level of the Company's information security management and personal information management is the "Cyber Security and Personal Information Protection Committee" with the Chief Information Security Chief (CISO) as the convener. The CISO is responsible for the "Cyber Security and Personal Information Working Group" and the "Internal Audit Working Group." The daily practical operation of each working group is supervised and managed by the executive secretary.

Cyber security policy

To ensure the confidentiality, integrity and availability of the Group's information assets to meet the requirements of ISO27001 and protect them from internal and external deliberate or accidental threats, to comply with ISO27701 and implement the protection and management of personal data meeting the requirements of the "Personal Data Protection Act."

Specific management plan

The "Cyber Security and Personal Information Protection Committee" conducts regular management reviews to ensure the implementation of the Company's information security and personal information protection operations. Each year, an impartial third-party organization is invited to conduct verification and audit in accordance with the requirements of international standards. The aforementioned non-conformities and suggestions for improvement must be corrected and documented in accordance with the "Corrective and Preventive Management Procedures" of the Company.

The information security management measures implemented by the Company include the following:

(1) Regular inventory of information assets and personal data, risk management based on information security and personal data risk assessment, and implementation various control measures.

(2) Conduct annual information security and personal data protection education training and promotion operations, and new recruits are required to sign a cyber security and confidentiality agreement.

(3) Outsourcing vendors are required to sign confidentiality agreements to ensure that those who use the Company's provision of information services or perform related information operations have the responsibility and obligation to protect the information assets they acquire or use from the Company to prevent unauthorized access, alteration, destruction or improper disclosure.

(4) Appropriate backup, reserve or monitoring mechanisms have been established for important information systems or equipment and are regularly drilled to maintain their availability.

(5) Anti-virus software is installed on all personal computers, and the virus patterns are regularly updated. The use of unauthorized software is prohibited.

(6) Require employees to properly keep and use account numbers, passwords, and permissions, and change passwords on a regular basis.

(7) The Company has established standard procedures for responding and reporting information security incidents. The information security and personal information team is responsible for handling information security incidents, so that information security incidents can be handled in a timely manner to avoid further damage.

(8) Establishment of business continuity management mechanism and regular testing and drills to maintain its applicability.

(9) Internal audits are carried out on a regular basis every year to ensure the effectiveness of information security and personal information protection management systems.

4. Cyber Security Management Resources

The Company has passed the following two information security-related international standards in 2023 and continues to maintain the validity of the certificates: ISO 27001: 2013 certification for information security management and ISO 27701: 2019 for certification of personal information security management. The Company also continues to invest in budget for the maintenance and operation of information security.

(II) Losses due to major information and communication security incidents in the most recent year and up to the date of publication of the annual report, their possible impacts, and countermeasures. If unable to be reasonably estimated, please state the facts by which they cannot be reasonably estimated: The Company attaches great importance to information security. Therefore, in the most recent year and up to the date of publication of the annual report, the Company has not suffered any loss due to information security.

VII. Important Contracts: As of the publication date of the annual report, Important Contracts that remain valid and in effect, as well as long-term loan agreements and other important contracts that expired within the most recent fiscal year and are sufficient to affect shareholders' equity

Nature of contracts	Parties involved	Start and end dates	Main contents	Restrictive covenants
Long-term borrowings	Chang Hwa Commercial Bank	May 22, 2025	Long-term loan agreement for the acquisition of an office building, with a loan amount of NT$500 million and a term of 15 years.	None

Five. Financial Status, Operating Results Analysis, and Risk

Management

I. Financial Status

List the main reasons for any material change in the company's assets, liabilities, or equity during the past 2 fiscal years, and describe the effect thereof. Where the effect is of material significance, the measures to be taken in response shall be described:

Unit: NTD thousands

Consolidated Financial Statement
Year Item	Year End of 2025	End of 2024	Difference
			Amount	%
Current asset	1,440,036	1,145,575	294,461	25.70
Financial Assets at Fair Value Through Profit or Loss - Non-current	86,943	69,923	17,020	24.34
Financial Assets at Amortized Cost - Non-current	53,431	97,044	(43,613)	(44.94)
Property, plant and equipment	1,427,929	761,689	666,240	87.47
Right-of-use assets	91,918	101,722	(9,804)	(9.64)
Investment property	35,093	14,588	20,505	140.56
Intangible assets	149,753	162,313	(12,560)	(7.74)
Other non-current assets	15,819	12,266	3,553	28.97
Total assets	3,300,922	2,365,120	935,802	39.57
Current liabilities	832,609	526,973	305,636	58.00
Bonds payable	279,304	268,886	10,418	3.87
Long-term borrowings	500,000	35,000	465,000	1,328.57
Lease liabilities - non-current	77,536	84,291	(6,755)	(8.01)
Other non-current liabilities	330	330	0	0.00
Total liabilities	1,689,779	915,480	774,299	84.58
Share capital	777,526	777,526	0	0.00
Additional paid-in capital	494,414	471,635	22,779	4.83
Statutory reserves	22,684	14,744	7,940	53.85
Undistributed earnings/(losses to be	434,747	180,994	253,753	140.20
in thousands)
Total assets	1,689,779	915,480	774,299	84.58

II. Financial performance

(I)Financial performance analysis for the past two years

Unit: NTD thousands

Consolidated Financial Statement
YearItem	2025	2024	Increase/decrease amount	%
Operating revenue	3,217,574	2,848,163	369,411	12.97
Operating costs	2,269,386	2,173,231	96,155	4.42
Gross profit	948,188	674,932	273,256	40.49
Net earnings	1,313,333	1,213,333	1,313,333	100.00
Net income	1,313,333	1,213,333	1,313,333	100.00

III. Cash flow

(I) Analysis of changes in cash flow in the most recent year (2025)

Unit: NTD thousands

Cash balance at beginning of year	Net cash flow from operating activities	Net cash flow from investment activities	Net cash flow from financing activities	Effect of exchange rate fluctuations	Cash classified as non-current	Ending cash balance (December	Remedial measures for anticipated cash deficits
							Financing	Financial
1. Cash flow from operating activities	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000
2. Cash flow from operating activities	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000
3. Cash flow from operating activities	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000
4. Cash flow from operating activities	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000	1,000,000

Improvement plan for insufficient liquidity: Not applicable.

(II) Liquidity analysis for the coming year

Unit: NTD thousands

Cash balance at beginning of period 1 December 31, 2025	Projected net cash flow from operating activities throughout the year2	Projected cash outflow for the year3	Projected cash surplus (deficit)4+2-3	Remedial measures for cash deficits
				Investment plan	Financial planning
1,003,515	232,561	88,500	1,147,576	-	-
Liquidity analysis for the coming year: 1. Operating activities: Profitability from the principal operating businesses is expected to improve, and increases in revenue and business activities are anticipated to drive higher cash inflows from operating activities. 2. Investing activities: The Company plans to increase project investments in line with business expansion. 3. Financing activities: The Company will, depending on circumstances, adopt short-term financing measures or adjust investment plans to ensure sufficient cash flow.

IV. Impacts of major capital expenditures in the most recent year on financial operations: None.

V. Main reasons for profit or loss, improvement plans, and investment plans for the next year:

(I) Reinvestment policy

The Company's business management policy for the investee is based on the "Investment Cycle" and "Procedures for Handling Acquisition and Disposal of Assets" of the internal control system as the operational management of the investee. Each reinvestment company regularly submits its financial information to the Company to enable the Company to learn

about its financial and business status; In addition, the Company's internal control unit also periodically examines the operational status and implementation of internal controls of each reinvestment venture to facilitate effective management of these ventures and achieve efficient control over their operations, which then enables the Company to exercise effective control over the operations of each of its invested businesses.

(II) Main reasons for the profit or loss from reinvestment in the most recent year, and its improvement plans

December 31, 2025; Unit: NTD thousand

Investee	Ownership ratio (%)	Investment income recognized in the current period	Main reason for profit or loss	Improvement plan
Jye Tai Precision Industrial (BVI) Co., Ltd.	100	(4,332)	Primarily due to recognition of investment losses from subsidiaries.	None.
Wu, Yi- Wan Investment Co., Ltd.	100	(7,426)	Mainly attributable to loss in valuation of the invested financial assets.	None.
ShineRay Co., Ltd.	100	335,714	Good operating performance this year.	None.
Flagwin Technology Co., Ltd.	30	-	Recognition of loss shares has ceased.	No further investment plans at the current stage.
XIANG HAO a Company Limited	100	(1,928)	The original business operations have been suspended, and the Company is actively seeking and planning new operational directions and business opportunities.	Operational model is being restructured.
Baulong Technology Co., Ltd.	91.67	35,598	Revenue and Profitability show stable growth.	None.
Hong Kong ShineRay Co., Ltd.	100	69,268	Primarily due to recognition of	None.
			investment losses.

Investee	Ownership ratio (%)	Investment income recognized in the current period	Main reason for profit or loss	Improvement plan
			investment gains from subsidiaries.
Bubu Co., Ltd.	-	(9,005)	Poor operating performance with continuing losses.	Equity interest has been disposed of.
New Mumake Biotech Co., Ltd.	69.34	11,645	The overall operations remained profitable.	None.
Perfect Drive Co., Ltd.	100	10,831	Revenue and Profitability show stable growth.	None.
Jye Tai Electronics Ltd. (Note)	100	(4,219)	Primarily due to recognition of investment losses from subsidiaries.	None.
Shanghai Langhong Culture Media Co., Ltd. (Note)	100	10,268	Revenue and Profitability show stable growth.	None.
Wuhu Jye Tai Precision Industry Limited Company (Note)	100	(4,049)	Operations have currently ceased, and losses were mainly attributable to taxes and asset amortization.	Equity interest has been disposed of.
Hsin Kuang Yu Cultural Media Co., Ltd.	49	(648)	Operations have not yet reached economies of scale.	None.

Note: Investment was made indirectly through the Company's subsidiary via a third jurisdiction.
(III) Investment plans for the coming year: To be determined depending on the operating status.

VI. Risks and Assessment

(I) The impact of changes in interest rates, exchange rates, and inflation on the Company's profit and loss, and future countermeasures.

Impacts of interest rate and exchange rate fluctuations on the Company's profit and loss: Unit: NTD thousand

Item	2025
Investment	100
Equity	100

	Amount (NTD)	As a percentage of	As a percentage of
Interest income	14,449	0.45%	3.99%
Interest expense	23,752	0.74%	6.56%
Net foreign exchange gain	(4,142)	(0.13%)	(1.14%)

(1) The interest income and interest expenses of the Company and its subsidiaries are mainly generated from loans and deposits with various financial institutions. Since they account for a small percentage of operating revenue, the impact of changes in interest rates on the Company is immaterial.

The Company will always pay attention to the changes in interest rates, and seek preferential interest rate terms with the correspondent banks in order to increase the interest income and reduce the interest cost as much as possible.

(2) Receipts and payments of the Company and its subsidiaries are mainly denominated in NTD, so exchange rate fluctuations have limited impact on the Company. However, the Company will still pay attention to exchange rate fluctuations and foreign currency funding needs, and adjust foreign currency positions and exchange timing in a timely manner to reduce the risk of exchange rate fluctuations on the Company's profit and loss.

Inflation:

The Company will always pay attention to market fluctuations and adjust the prices of virtual commodities appropriately, so there is no significant impact due to inflation, but will still pay close attention to changes in the relevant economic environment and changes in market conditions.

(II) The policies regarding engaging in high-risk, high-leverage investments, lending funds to others, endorsing guarantees, and engaging in derivative commodity trading, as well as the main reasons for profits or losses, and future response measures are as follows.

The Company does not engage in high-risk and highly leveraged investments.
The Company does not engage in the trading of derivative products.
The Company's loaning of funds to others is processed in accordance with the "Operating Procedures for Loaning of Funds" of the Company. This primarily involves inter-subsidiary fund procurement and meeting operational turnover requirements, without any material adverse impact on the financial condition of the consolidated company.
The Company does not engage in endorsement and guarantee transactions, and the "Operating Procedures of Endorsement/Guarantees" has been established to enforce such transactions.

(III) Future R&D plans and projected R&D expenses:

The Company acquired $100\%$ of the equity of ShineRay Corporation in 2020, making a significant entry into the live broadcast market to further enhance the Company's R&D capacity. To provide users with a better experience when using the app, the Company will continue to invest in new product development. The R&D expenditure is expected to account for about $5 - 7\%$ of the operating revenue in 2026, but will be adjusted in a timely manner depending on the global market conditions and the Company's operating conditions. The Company's main R&D plans in the future are summarized as follows:

Expected development year	R&D plan	Current progress
2026	AI research and development: 1. Highlight clips 2. Video generation 3. Character-based dialogue modules Live streaming engine optimization Livestreaming assistant	Under development

(IV) Impacts of important domestic and foreign policies and legal changes on the Company's financial operations and countermeasures:

The Company has complied with relevant domestic and foreign laws and regulations. As of the publication date of the prospectus in the most recent year, there were no changes in policies and laws and regulations that had a significant impact on the financial operations of the consolidated company. In addition, the management team will continue to pay close attention to any policies and laws that may affect the Company's operations, and actively take necessary responsive measures to reduce adverse impacts.

(V) Impacts of technological changes (including cyber security risks) and industry changes on the Company's financial operations, and countermeasures:

The Company regularly forecasts the long-term market demand for its products and services for overall planning. In response to this change, the Company has expanded business opportunities and explored new markets in the future in addition to its existing products.

In terms of cyber security risks, the rapid evolution of information technology results in frequent related cyber attacks. Therefore, the Company's IT department is responsible for the cyber security, which is responsible for the overall planning, execution and promotion of cyber security management policies, as well as promotion of cyber security awareness, and to collect and improve the management, technology, procedures and products used at all levels of cyber security management, and the audit unit will conduct cyber security audits every year based on the internal audit and internal control system to evaluate the effectiveness of the internal control system of the Company's cyber operations and track the improvement to reduce internal cyber security risks.

There are no related events that have a material impact on the financial operations of the

consolidated company in the most recent year.

(VI) Impacts of changes in corporate image on corporate crisis management and countermeasures:

The Company's business strategy remains unchanged. The Company upholds ethical corporate governance and its corporate image is mostly recognized by all parties. In recent years, with the changes in the Company's business scale and the number of employees, we have realized the need to regularly review the external environment, our own operating patterns, and our management systems, in order to detect the possibility of corporate crisis at an early stage, and formulate specific and proactive response plans and measures.

The Company has not experienced any significant impacts due to changes in corporate image. The Company has consistently adhered to the business philosophy of integrity, action, innovation and perpetuity, and thus the corporate crisis management has not been affected.

(VII) Expected benefits and possible risks of mergers and acquisitions and the countermeasures:

As of the publication date of the prospectus, the Company has not planned any mergers and acquisitions. However, in the future, should there be any related plans, we will adopt a cautious evaluation approach to determine whether the merger or acquisition can bring tangible benefits to the Company. The Company has already established the "Regulations Governing the Acquisition and Disposal of Assets" which has been approved by a shareholders' meeting to protect the interests of the Company and the shareholders.

(VIII) Expected benefits and possible risks of plant expansion and countermeasures:

As of the publication date of the prospectus, the Company has no plans for plant expansion. However, should any related plans arise in the future, the Company will maintain a prudent evaluation approach and consider whether plant expansion can enhance production capacity, operational efficiency, and overall effectiveness. The Company will also carefully assess funding requirements, market changes, and operational risks in order to effectively safeguard the interests of the Company and its shareholders.

(IX) Risks associated with concentrated purchases or sales and countermeasures:

Sales:

After the Company's reinvestment in ShineRay Corporation, it is mainly engaged in the operation of live broadcast platform. At present, the main source of sales revenue is the average online recharge users. There are many recharge users and they're scattered. Although third-party payment is required for collection, it involves a large-scale online payment flow, making it relatively secure.

Purchases:

The Company conducted reinvestment in ShineRay Corporation, which is mainly engaged in the operation of live broadcast platform. The main operating costs consist

108

of items such as payment processing fees, agency fees, revenue sharing with broadcasters, and compensation costs, as well as internet service expenses. There are no physical procurement activities involved. ShineRay has about 11,000 contracted broadcasters, so the remuneration and cost sharing to the broadcasters are dispersed; in addition, the Company utilizes payment service providers and third-party payment platforms for payment processing services, charging a certain percentage as transaction fees on the payment flow. Overall, the main costs primarily stem from the recharge consumption amounts of end users, mitigating the risk of concentrated procurement.

(X) Impacts and risks to the Company in the event of a substantial transfer or exchange of shares by directors, supervisors, or major shareholders with more than 10% ownership interest, and countermeasures:

As of the publication date of the prospectus, the change in the shareholdings of directors, supervisors, or major shareholders with more than 10% ownership had no significant impact or risk on the Company, and the Company's finance, business and corporate operations were normal.

(XI) Impacts and risks of the change in management on the Company and countermeasures:

As of the prospectus' publication date, the transaction of management rights has no significant impact or risk on the Company, and the Company's finance, business and corporate operations are operating normally.

(XII) Litigation and non-litigation events

Litigation, non-litigation or administrative litigation with final judgment or is still in process during the most recent two years and as of the publication date of the prospectus, and the result of which may have a significant impact on shareholders' equity or securities price, the facts in dispute, amount involved, the commencement date of the litigation, the main litigants involved, and the current situation shall be disclosed: None.
The Company's directors, supervisors, managerial officers, and major shareholders holding more than 10% of the shares, the occurrences specified in Article 157 of the Securities and Exchange Act in the last two years and as of the publication date of the prospectus, and the current status of the Company: None.

(XIII) Other important risks and countermeasures: None.

VII. Other Important Matters: None.

109

110

Six. Special Disclosure

I. Information on Affiliated Enterprises

(I) Consolidated operating report of affiliated enterprises

Please refer to the Market Observation Post System / Affiliated Enterprises Three Statements and Reports Section / Consolidated Operating Report of Affiliated Enterprises.

(II) Consolidated financial statements of affiliated enterprises

Please refer to the Market Observation Post System / Affiliated Enterprises Three Statements and Reports Section / Consolidated Financial Statements of Affiliated Enterprises.

(III) Affiliated enterprise report: Not applicable.

AI assistant

Lang — Annual Report 2025

52516_rns_2026-05-28_ec8a57c4-e8c1-475d-ad8b-59969e651e0d.pdf

Lang Inc.

2025 Annual Report

Table of Contents

Two. Corporate Governance Report

Three. Capital Raising

Four. Operational Overview

Five. Financial Status, Operating Results Analysis, and Risk Management

Six. Special Disclosure

(II) Major Production & Marketing Policy

(III) Expected Sales and the Basis thereof

III. Future development strategy

(II) Major Institutional Shareholders:

(III) Major shareholders of corporate shareholders who are corporate bodies: None.

(IV) Professional knowledge of directors and supervisors, board diversity policy, and independence

2. Diversification and independence of the Board of Directors

(1) Diversification of Board Members:

A. Implementation of diversity among board members:

II. Remuneration Paid to Directors, Independent Directors, Supervisors, President, and Vice President

III. Implementation of Corporate Governance

(I) Board of Directors Meetings

2. Greenhouse gas inventory and assurance status of the Company for the most recent two years

(1) Greenhouse gas inventory information

(2) Greenhouse gas assurance information

3. Greenhouse gas reduction targets, strategies, and specific action plans

IV. Information on CPAs' Audit Fees

V. Information on Changing of CPA: N/A.

Three. Capital Raising

I. Capital and Shares

(I) Capitalization

II. Status of Corporate Bonds:

C. Pre-owned Automobile Sales Industry:

2. The relations between the up-, mid-, and downstream industries

A. Electrical connector industry

B. Online Streaming Industry

C.Pre-owned Automobile Sales Industry:

3. Product development trends and competition

2. Long-term development plans:

II. Overview of the market, production and sales

(I) Market analysis

2. Market share

(III) Supply of main raw materials

2. Online Streaming Business:

(IV)List of major customers:

III. Employment Information

IV. Information on environmental protection expenditure

4. Cyber Security Management Resources

VII. Important Contracts: As of the publication date of the annual report, Important Contracts that remain valid and in effect, as well as long-term loan agreements and other important contracts that expired within the most recent fiscal year and are sufficient to affect shareholders' equity

Five. Financial Status, Operating Results Analysis, and Risk

Management

I. Financial Status

II. Financial performance

III. Cash flow

VI. Risks and Assessment

Six. Special Disclosure

I. Information on Affiliated Enterprises

II. Private Placement of Securities During the Most Recent Fiscal Year and Up to the Date of the Publication of This Annual Report: None.

III. Other supplementary information: None.

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Lang Annual Report 2025