Stock Code ： 1444

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LEALEA ENTERPRISE CO., LTD.

Handbook of 2021 Annual General Shareholders’ Meeting

Date: June 23, 2021 Address: No. 38, Gongye Rd., Fangyuan Industrial Area, Fangyuan, Zhang Hua County (Chemical Fiber Main Plant ）

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LEALEA ENTERPRISE CO., LTD. Handbook of 2021 Annual General Shareholders’ Meeting (Translation)

Ⅰ. Meeting Procedure ------------------------------------------------------------------------------ 1 Ⅱ. Meeting Agenda --------------------------------------------------------------------------------- 2 Ⅲ. Report Items ------------------------------------------------------------------------------------- 3 IV. Matters for Ratification ------------------------------------------------------------------------- 9 Ⅴ. Matters for Discussion -------------------------------------------------------------------------- 11 Ⅵ. Extemporary Motion ---------------------------------------------------------------------------- 11 Ⅶ. Attachments 1. 2020 CPAs' Audit Report and Financial Statements ------------------------------------- 12 2. Comparison table of provisions before and after the amendment and the full text before amendment of the “Articles of Incorporation” ----------------------------------- 31 3. Rules of Procedure for Shareholders' Meeting ------------------------------------------- 38 4. Shareholding Information of All Directors ------------------------------------------------ 41

Notice to readers

This is a translation of the Handbook of 2021 Annual General Shareholders’ Meeting. The translation is for reference only. If there is any discrepancy between the English version and Chinese version, the Chinese version shall prevail.

LEALEA ENTERPRISE CO., LTD.

2021 Annual General Shareholders’ Meeting Procedures

Commencement of Meeting
Chairman’s Statement
Report Items
Matters for Ratification
Matters for Discussion
Extemporary Motion
Meeting Adjourned
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LEALEA ENTERPRISE CO., LTD.

2021 Annual General Shareholders’ Meeting Agenda

Time: June 23, 2021 (Wednesday) 11:00AM

Address: No. 38, Gongye Rd., Fangyuan Industrial Area, Fangyuan, Zhang Hua County (Chemical Fiber Main Plant ）

Meeting Procedures:

Commencement of Meeting （ Report on the number of attended shares ）
Chairman’s Statement
Report Items:
(1) 2020 business report.
(2) 2020 audit committee’s audit report.
(3) 2020 report on remuneration distribution for employees and directors.
Matters for Ratification:
(1) Motion of 2020 business report and financial statement.
(2) Motion of 2020 loss appropriation.
Matters for Discussion:

Motion of partial provisions amendment of the “Articles of Incorporation”

Extemporary Motion
Meeting Adjourned
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Report Items

Ⅰ . Please check the 2020 business report.

Explanatory Notes: The 2020 business report is as follows:

Business Report

1. 2020 Business Results

(1) Project Implementation Results ：

In 2020, global economic activities have long-term adverse effects due to the COVID-19 epidemic. Lealea’s business situation has gradually stabilized at the end of the 2nd quarter, due to the increased momentum of downstream customers’ purchasing goods. In the case of the increasing demand for processed silk and insufficient production capacity, the market demand exceeded supply, and product prices have risen since the end of the 3rd quarter. Due to the increasing demand, oil prices have also continued to remain high-end, leading to the high-end prices of spinning raw materials such as PTA and EG. It is estimated that the prices of processed silk, polyester, nylon and other spinning products can maintain the upward trend in the 2nd half of the year and show a steady upward trend. The Company’s consolidated operating revenue in 2020 was NT$8.374 billion, a decrease of 30.27% from 2019; the net profit after tax was NT$424.83 million. The major sales products include 70,929 tons of processed silks, 73,914 tons of ester granules for bottles, 51,706 tons of polyester granules, and 5,384 tons of polyester raw silks.

(2) Budget Execution Status ：

None, the Company only set internal budget targets for 2020 and did not disclose financial forecasts to the public.

(3) The Analysis of Financial Income and Expenses and Profitability:

The company’s 2020 operating revenue that without subsidiaries is NT$7.322 billion; net profit after tax is NT$-357.44 million; net profit ratio after tax is -4.88%, a decrease of 5.37% from 2019; earnings per share is NT$-0.38, a decrease of NT$0.44 from 2019. The 2019 unconsolidated subsidiaries of various financial income and expenses and profitability of the Company are shown in the following table.

Unit ： In Thousands of New Taiwan Dollars

				Increase (Decrease)
	Item	2019	2020
				Amount and Ratio

	OperatingRevenues	10,554,982	7,322,391	-3,232,591
Financial	OperatingCost	9,764,132	7,021,196	-2,742,936
Income and
	Net Profit before Tax	96,104	-409,193	-505,297
Expenses
	Net Income	52,588	-357,444	-410,032
	Return on Assets(%)	0.57	-2.07	-2.64
	Return on Shareholders’ Equity (%)	0.50	-3.48	-3.98
	Pre-Tax Profit to Paid-in Capital Ratio
Profitability		1.00	-4.27	-5.27
	(%)

	Net Profit Rate(%)	0.49	-4.88	-5.37
	Earningsper Share(NT$)	0.06	-0.38	-0.44

(4) Status of Research and Development ：

The current global industrial development is based on the theme of green recovery and a sustainable future. Circular economy is an important part of promoting green recovery around the world. The company actively invests in “circular economy”, from raw materials, product’s manufacturing, process improvement and waste treatment, etc., to minimize waste and recycle waste to create new value. The Company continues to develop a variety of eco-friendly textiles, such as eco-friendly recycled polyester fiber (RePET), eco-friendly dope dyed fiber (Ecoya) and eco-friendly recycled dope dyed fiber (ReEcoya), etc. In addition to the advantages of highquality products, in terms of friendly environment, they also have the functions of recycling, waste reduction, energy saving and water saving. The Company’s mass-produced products are listed in the following table ：

Type of Yarn	Application	Characteristics
ReEcoya	Upholstery, curtain, interior of automotive, garment	Eco-friendly and high fastness
Barcode, Barcode II	Weaving, Knitting, Upholstery, Sportswear, Casualwear	To have the trend of fashion of garment and upholstery. Each yarn has several dark and light stripes to reach the unique beauty for high-end fabrics.
Crystalea	Knitting, Upholstery, Sportswear, Casualwear	Bling appearance with natural touch to reach the attraction of fashion
Oceaya	Sportswear, casualwear, garment	Eco-friendly, anti-static, odorizing, anti-bacterial, keep warm
Thousand feather yarn	Knitting, sportswear, casualwear, pants	Cotton-like appearance and hand touch
Eco recycle low-melting fiber	Sportswear, casualwear, garment	Eco-friendly, low melting and applied to laminated material
Bio-degradable fiber	Knitted, Woven, Warp knitting, Sportswar, Casualwear	Effect of Bio-degradable
TPEE (Thermoplastic Polyester Elastomer)		Effect of waterproof and ventilation
CRZ Eco Fiber		Made of recycled material without petrochemical, Saving natural resource and reduce environmental burden, Excellent quality and used for any appications
High Stretch Yarn	Weaving, Knitting, Sportswear, Casualwear	Good stretch, bulky hand touch, abrasion resistance
Wooly High-stretch yarn	Weaving, Knitting, Sportswear, Suits and pants	Cotton-like appearance and hnand touch, good stretch
Lucus	Weaving, Knitting, Upholstery, Sportswear, Casualwear	Linen-like appearance and hand touch, light weight and dry

2. Summary of 2021 Business Plan ：

This year, the Company defines its operational policy as the “Year of Leap Forward”, with the overall spirit of the operational policy of “with one heart, laying a sustainable foundation, surpassing the strong boundaries, and breaking through international changes”. The global economy has been shock by the COVID-19. All people in Taiwan highly respect and cooperate with the government's various epidemic prevention measures. All industries also have professional epidemic prevention attitudes and autonomous health management awareness, etc., to achieve such epidemic prevention results. The Company has always adhered to the founder Mr. Kuo, MuSheng’s business philosophy of “Diligence and Frugality, Solidity, Proactive, and Innovation” to strengthen and upgrade the core strength of the Company. In addition to strengthening overseas Indonesian bases, the Company also comprehensively improves the quality of products, cuts into the business opportunities of 3C electronic application, strengthens the operational momentum, promotes corporate social responsibility and continues to protect the earth with the practical actions of saving energy and reducing carbon, so as to achieve the Company’s mission and goal of sustainable business.

3. The Future Development Strategy of the Company, the Impact of the External Competitive Environment, the Regulatory Environment and the Macroeconomic Conditions ：

In 2020, facing the threat of the continued spread of COVID-19, various industries are also facing unprecedentedly significant challenges, and the textile industry also cannot escape the impact of this epidemic. Even though the epidemic is raging, the issue of circular economy continues to be feverish, the Company actively uses Eco-friendly Polyester Original Color Drawn Yarn Ecoya to enter the supply chain of Apple’s new AirPods Max, will continue to eliminate the old and update equipment and transforms the straight spinning line into a special grain spinning line of the chemical fiber plant to meet the needs of the RCEP region. The Company also plans the expansion of the false twist production plant in Indonesia to complete the integration of yarn, weaving and dyeing early to reduce production costs and reduce the impact of RCEP on tariffs. The mentality of customers to purchase goods to replenish inventory has become stronger. Therefore, the operation in the 1st quarter of this year should be viewed as positive growth. In order to maintain the normal operation of the Company when the epidemic is raging, LEALEA continues to strengthen the investigation of the travel history of employees and their relatives and friends in various departments, and cooperates with the government's epidemic prevention policies to reduce overall operational risks.

Another major strategy this year is the establishment of the Electronic Materials Division, which is responsible for the research and development of products that use polyester fiber in ecofriendly recycling and 3C electronic cross-industry cooperation and development products, and expanding the trend of chemical fiber products towards diversification, composite and customization to enhance the overall profitability of the group.

With the China-US trade war and the epidemic spread of COVID-19, the supply chain of global textile has gradually moved south to the Southeast Asian market. The high tariffs imposed by the United States on China have led to a serious decline in the economy. Branded apparels are deeply afraid of future impact, and many companies have withdrawn orders from China and some orders have been transferred to Taiwan that has become beneficiaries under the trade war.

Well-known foreign sports brands have gradually returned to their levels before the epidemic, customers have resumed their orders. Coupled with rising oil prices and adjustments in the price of textile products, the group’s diversified products have been used in industries such as vehicle materials, apparel, and technology, etc. The trend of economic recovery should increase the company's profitability in the future. Improve the financial physique, adapt to the challenges of the changeable environment, and make full use of the overall corporate resources to continuously enhance the company’s operating performance and create maximum profits for the Company. We sincerely hope that all shareholders will continue to support and encourage the Company. We would like to express our highest gratitude to you and wish you all good health and all the best!

Chairman ： KUO, SHAO-YI Manager ： KUO, SHAO-YI

Accounting Supervisor ： HSU, LI-HSUEH

Ⅱ . Please check the 2020 Audit Committee's audit report.

Explanatory Notes: Audit Committee's audit report is as follows:

Audit Committee’s Audit Report

The company’s 2020 financial statements prepared by the board of directors, completed the review and concluded the audit report by CPAs Chiu, Ming-Yu and Wu, Ke-Chang of Deloitte Touche Tohmatsu Limited, together with the business report and the motion of loss appropriation, the audit committee has reviewed that there are no discrepancies in accordance with Article 14-4 of the Securities Exchange Act and Article 219 of the Company Act. Please verify.

Sincerely to

2021 Regular Shareholders' Meeting of the Company

LEALEA ENTERPRISE CO., LTD.

Convener of Audit Committee ： LEE, DAW-MING

March 29, 2021

Ⅲ. Please check the status report on the remuneration distribution for employees

and directors in 2020.

Explanatory Notes: Due to the loss before tax in 2020, there is no remuneration allocated to employees and directors.

Matters for Ratification

Item 1

Proposed by the Board of Directors

Proposal: Please ratify the motion of 2020 business report and financial statement.

Explanatory Notes:

(1) The 2020 financial statements have been reviewed and verified by CPAs Chiu, Ming-Yu and Wu, Ke-Chang of Deloitte Touche Tohmatsu Limited, together with the business report have been reviewed by the Audit Committee, and the audit report has been issued.
(2) For business report, balance sheet, comprehensive income statements, equity change statements, cash flow statements and accountant's audit report, please refer to p.3 to p.6 and Appendix 1 (p.12 to p.30 of the handbook).

Resolution:

Item 2

Proposed by the Board of Directors

Proposal: Please ratify the motion of loss appropriation in 2020.

Explanatory Notes:

(1) The net loss after tax on the final business accounts for 2020 is NT$357,443,724. The following table is the prepared loss appropriation for 2020 ：

LEALEA ENTERPRISE CO., LTD. Table of Loss Appropriation 2020

Unit ： New Taiwan Dollars

Item	Amount	Amount
Undistributed earnings at the beginning of the period Actuarial profit (loss) is accounted in retained earnings Equity method recognition and disposal of equity instruments measured at fair value through other comprehensive income (loss) Loss after tax for the current period Net profit (loss) after tax for current period plus items other than net profit (loss) after tax for the current period are accounted in the amount of undistributed earnings for the current year	13,782,764 23,991,688 (357,443,724)	60,196,904 (319,669,272)

Loss to be made upat the end theperiod		(259,472,368)

Chairman: KUO, SHAO-YI Manager: KUO, SHAO-YI

Accounting Supervisor: HSU, LI-HSUEH

Resolution:

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Matters for Discussion

Proposed by Board of Directors

Proposal: Please resolve the motion of partial provisions amendment of the “Articles of Incorporation”

Explanation:

In accordance with the laws and regulations, amend partial provisions of the "Articles of Incorporation". Please refer to Appendix 2 (p.31 to p.37 of the handbook) for the comparison table for the before and after amendment of provisions and the full text before the amendment,

Resolution:

Extemporary Motion

Meeting Adjourned

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Attachments 1

INDEPENDENNT AUDITORS’REPORT

The Board of Directors and Shareholders

LEALEA ENTERPRISE Company Limited

Opinion

We have audited the accompanying consolidated financial statements of LEALEA ENTERPRISE Company Limited and its subsidiaries (the “Company”), which comprise the consolidated balance sheets as of December 31, 2020 and 2019, and the consolidated statements of comprehensive income, changes in equity and cash flows for the years then ended, and the notes to the consolidated financial statements, including a summary of significant accounting policies.

Per opinions of our accountants, the consolidated financial statements mentioned in paragraph one have been prepared in accordance with Regulations Governing the Preparation of Financial Reports by Securities Issuers, International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), and interpretations and announcements endorsed and issued into effected by the Financial Supervisory Commission of the Republic of China in all material aspects, and can be reasonably assessed to present the consolidated financial conditions of the Company and its subsidiaries as of December 31, 2020 and 2019, as well as the consolidated financial performance and consolidated cash flow from January 1 to December 31, 2020 and 2019.

Basis for Opinion

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

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the consolidated financial statements for the year ended December 31, 2020. These matters were addressed in the context of our audit of the consolidated financial statements as a whole, and in forming our opinion thereon, and do not provide a separate opinion on these matters.

Key audit matters for the Company’s consolidated financial statements for the year ended December 31, 2021 are stated as follows:

The authenticity of sales transactions of customers with positive annual sales revenue growth

LEALEA ENTERPRISE Company and subsidiaries are mainly engaged in the manufacturing and sales of polyester fully oriented yarn, draw textured yarn and polyester chip. Due to the impact of the global pandemic of the Covid-19 epidemic, consolidated operating income in 2020 has been

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greatly reduced, and due to the impact of the epidemic, the operating income of competitors in the same industry have generally shown a downward trend. The analysis of annual sales revenue by customer shows that some customers have sales revenue grown against the trend, which is contrary to the trend of the company and competitors in the same industry. Since operating income is the focus of investors, there are significant risks in income recognition. The true occurrence of sales income will be relevant to income recognition and the fair expression of financial reports. Because of this, the accountant listed the authenticity of sales transactions of customer with positive sales revenue growth as the key audit items for this year. For accounting policies and relevant disclosure information related to the recognition of operating income, please refer to Note 4.

The main auditing procedures adopted by the accountants with regard to the issues described above are to understand the effectiveness of internal controls concerning sales management procedures related to the revealed sales revenue, execute test of details of revenue, take random inspections on relevant documents and certificates of shipment and payment collection and raise requests for confirmation letters in order to assure the authenticity of sales revenue.

Other Matter

We have also audited the individual financial statements of LEALEA ENTERPRISE Company Limited as of and for the years ended December 31, 2020 and 2019 on which we have issued an unmodified opinion.

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

Management is responsible for the preparation and fair presentation of the consolidated financial statements in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and the IFRS, IAS, IFRIC, and SIC endorsed and issued into effect by the Financial Supervisory Commission of the Republic of China, and for such internal control as management determines is necessary to enable the preparation of consolidated financial statements that are free from material misstatement, whether due to fraud or error.

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

Those charged with governance (including members of the Audit Committee) are responsible for overseeing the Company’s financial reporting process.

Auditors’ Responsibilities for the Audit of the Consolidated Financial Statements

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

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As part of an audit in accordance with the auditing standards generally accepted in the Republic of China, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

Identified and evaluated the risk of material misstatement due to fraud or error in the Consolidated Financial Statements; designed and carried out appropriate countermeasures for the evaluated risks; obtained sufficient and appropriate evidence as the basis for the audit opinion. Fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Therefore, the risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.
Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors’ report to the related disclosures in the consolidated financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors’ report. However, future events or conditions may cause the Company to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the consolidated financial statements, including the disclosures, and whether the consolidated financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Company to express an opinion on the consolidated financial statements. We are responsible for the direction, supervision and performance of the group audit. We remain solely responsible for our opinion.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and whether applicable, related safeguards.

In the communications between us and the Company’s governing body, we have determined the key audit items from 2020 consolidated financial statements of the Company and its subsidiaries. We have clearly indicated such matters in the auditors' report. Unless legal regulations prohibit the public disclosure of specific items, or in extremely rare cases, where we decided not to communicate over specific items in the auditors' report for it could be reasonably anticipated that the negative effects of such disclosure would be greater than the public interest it brings forth.

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The engagement partners on the audit resulting in this independent auditors’ report are Chiu, Ming-Yu and Wu, Ke-Chang

Chiu, Ming-Yu Wu, Ke-Chang Deloitte & Touche Deloitte & Touche Taipei, Taiwan Taipei, Taiwan Republic of China Republic of China Financial-Supervisory-SecuritiesFinancial-Supervisory-SecuritiesVI-0930160267 of the Financial Auditing-1000028068 of the Supervisory Commission Financial Supervisory Commission

March 31, 2021

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LEALEA ENTERPRISE Company Limited and Subsidiaries

CONSOLIDATED BALANCE SHEETS Years Ended December 31, 2020 and 2019 (In Thousands of New Taiwan Dollars)

Code 1100 1110 1150 1160 1170 1180 1210 1310 1410 1476 1479 11XX 1510 1550 1600 1755 1780 1805 1840 1915 1990 15XX 1XXX Code 2100 2110 2120 2150 2160 2170 2180 2219 2220 2230 2280 2320 2399 21XX 2540 2570 2580 2640 2645 2670 25XX 2XXX 3110 3200 3310 3320 3350 3300 3400 3500 31XX 36XX 3XXX	ASSETS CURRENT ASSETS Cash and cash equivalents (Note 6) Financial assets at fair value through profit or loss－Current (Note 7) Notes receivable, net (Note 8) Notes Receivable from related parties, net (Note 8, 24) Accounts receivable, net (Note 8) Accounts Receivable from related parties, net (Note 8, 24) Advance loans to related parties (Note 24) Inventories－Manufacturing & Merchandising businesses (Note 9) Prepayments Other financial assets－Current (Note 6) Other current assets (Note 12) Total current assets NONCURRENT ASSETS Financial assets at fair value through income (loss)－Noncurrent (Note 7) Investments accounted for using equity method (Note 11) Property, plant and equipment (Note 12) Right-of-use assets (Note 13) Other intangible assets Goodwill Deferred income tax assets (Note 18) Prepayments for business facilities Other noncurrent assets－Others Total noncurrent assets TOTAL ASSETS LIABILITIES AND EQUITY CURRENT LIABILITIES Short-term loans (Note 14) Short-term bills payable (Note 14) Financial liabilities at fair value through profit or loss－Current (Note 7) Notes payable Notes payables to related parties (Note 24) Accounts payable Accounts payables to related parties (Note 24) Other payables Advance loans to related parties (Note 24) Current income tax liabilities (Note 18) Lease liabilities－Current (Note 13) Long-term liabilities－Current portion (Note 14) Other current liabilities (Note 12) Total current liabilities NONCURRENT LIABILITIES Long-term borrowings (Note 14) Deferred income tax liabilities－Noncurrent (Note 18) Lease liabilities－Noncurrent (Note 13) Net defined liabilities－Noncurrent (Note 15) Guarantee deposits Other noncurrent liabilities Total noncurrent liabilities Total liabilities EQUITY ATTRIBUTABLE TO SHAREHOLDERS OF THE PARENT (NOTE 16) Capital stock Capital－Common stock Capital surplus Retained earnings Appropriated as legal capital reserve Appropriated as special capital reserve Unappropriated earnings Total retained earnings Others Treasury stock Equity attributable to shareholders of the parent NON-CONTROLLING INTERESTS (Note 16) Total equity TOTAL LIABILITIES AND EQUITY		December 31,2020 Amount % $ 1,232,398 7 296,315 2 60,891 - 12,833 - 563,488 3 141,084 1 135,000 1 2,053,510 12 105,909 1 386,330 2 64,010 - 5,051,768 29 1,347 - 4,974,450 29 7,011,274 40 13,272 - 1,865 - 63,337 - 160,139 1 93,489 1 27,805 - 12,346,978 71 $ 17,398,746 100 $ 1,750,000 10 770,000 4 - - 8,733 - 730 - 504,725 3 99,021 - 447,424 3 502,794 3 6,124 - 4,203 - 474,667 3 326,916 2 4,895,337 28 520,000 3 112,403 1 8,584 - 383,494 2 1,657 - 794 - 1,026,932 6 5,922,269 34 9,573,029 55 78,422 - 530,980 3 40,464 - 259,472) ( 1) 311,972 2 322,967 2 28,470) - 10,257,920 59 1,218,557 7 11,476,477 66 $ 17,398,746 100		December 31,2019	December 31,2019
			Amount $ 1,232,398 296,315 60,891 12,833 563,488 141,084 135,000 2,053,510 105,909 386,330 64,010 5,051,768 1,347 4,974,450 7,011,274 13,272 1,865 63,337 160,139 93,489 27,805 12,346,978 $ 17,398,746 $ 1,750,000 770,000 - 8,733 730 504,725 99,021 447,424 502,794 6,124 4,203 474,667 326,916 4,895,337 520,000 112,403 8,584 383,494 1,657 794 1,026,932 5,922,269 9,573,029 78,422 530,980 40,464 259,472) 311,972 322,967 28,470) 10,257,920 1,218,557 11,476,477 $ 17,398,746		Amount $ 1,401,355 205,731 129,619 25,408 845,128 115,331 120,000 2,478,726 94,981 25,133 16,823 5,458,235 1,347 4,753,470 7,490,669 19,657 1,744 63,337 112,585 28,134 79,345 12,550,288 $ 18,008,523 $ 2,163,267 110,000 30,298 9,254 79 532,535 28,764 499,235 184,000 47,778 9,176 624,463 304,068 4,542,917 1,651,679 96,653 10,219 417,913 1,748 684 2,178,896 6,721,813 9,573,029 83,024 528,650 40,464 62,527 631,641 1,851 28,470) 10,261,075 1,025,635 11,286,710 $ 18,008,523	%
		( (		(		8 1 1 - 5 - 1 14 - - - 30 - 26 42 - - - 1 - 1 70 100 12 1 - - - 3 - 3 1 - - 3 2 25 9 1 - 2 - - 12 37 53 - 3 - 1 4 - - 57 6 63 100

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

Chairman: KUO, SHAO YI Manager: KUO, SHAO YI Accounting Supervisor: Hsu, Li Hsueh

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LEALEA ENTERPRISE Company Limited and Subsidiaries

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME Years Ended December 31, 2020 and 2019 (In Thousands of New Taiwan Dollars, Except Earnings Per Share)

Code OPERATING REVENUE（Note 24） 4100 Sales revenue 4500 Construction income 4000 Operating revenue COST OF REVENUE（Note 9, 24） 5110 Cost of goods sold 5500 Construction cost 5000 Cost of revenue 5900 GROSS PROFIT 5910 GROSS PROFIT BEFORE UNREALIZED WITH ASSOCIATES 5920 GROSS PROFIT BEFORE REALIZED 5950 REALIZED GROSS PROFIT OPERATING EXPENSE (Note 24) 6100 Marketing expenses 6200 General and administrative 6300 Research and development 6450 Expected credit impairment loss determined in accordance with IFRS 9 6000 Total operating expenses 6900 OPERATING INCOME (LOSS) NON-OPERATING INCOME AND EXPENSE (Note 17, 24) 7100 Interest income 7140 Gain recognized in bargain purchase transaction - Affiliated associations acquisition 7190 Other income 7020 Other gains and losses 7050 Finance costs 7060 Share of profit (loss) of associates and joint ventures accounted for using equity method 7000 Total non-operating income and expenses		2020	% 100 - 100 95 - 95 5 - - 5 5 2 1 - 8 ( 3) - 1 2 ( 3 ) ( 1 ) ( 1) ( 2)		2019
		Amount $ 8,373,609 - 8,373,609 7,994,807 - 7,994,807 378,802 918 ) - 377,884 389,742 193,680 44,591 31 628,044 250,160) 31,622 52,560 133,702 248,881 ) 59,742 ) 118,796) 209,535)			Amount $ 11,968,710 39,425 12,008,135 11,202,519 2,687 11,205,206 802,929 - 143 803,072 432,773 209,704 52,266 4,612 699,355 103,717 56,356 - 80,874 45,473 ) 92,337 ) 100,726) 101,306)	%
	( ( ( ( ( (			( ( ( (		100 - 100 93 - 93 7 - - 7 4 2 - - 6 1 - - 1 - ( 1 ) ( 1) ( 1)

(Continued)

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Code 7900 INCOME (LOSS) BEFORE INCOME TAX 7950 INCOME TAX EXPENSE (Note 18) 8200 NET INCOME (LOSS) OTHER COMPREHENSIVE INCOME (LOSS) 8310 Items that will not be reclassified subsequently to profit or loss 8311 Remeasurement of defined benefit obligation 8320 Share of other comprehensive loss of associates and joint ventures accounted for using equity method 8360 Items that may be reclassified subsequently to profit or loss 8361 Exchange differences arising on translation of foreign operations 8367 Unrealized gain on investment in debt instruments at fair value through other comprehensive income 8370 Share of other comprehensive loss of associates and joint ventures accounted for using equity method 8300 Other comprehensive loss for the year, net of income tax 8500 TOTAL COMPREHENSIVE INCOME FOR THE YEAR NET INCOME (LOSS) ATTRIBUTABLE TO: 8610 Shareholders of the parent 8620 Non-controlling interests 8600 TOTAL COMPREHENSIVE ATTRIBUTABLE TO: 8710 Shareholders of the parent 8720 Non-controlling interests 8700 EARNINGS (LOSS) PER SHARE (Note 19) FROM CONTINUING OPERATION 9710 Basic earnings per share 9810 Diluted earnings per share		2020	% ( 5 ) - ( 5) - 5 ( 1 ) - - 4 ( 1) ( 4 ) ( 1) ( 5) - ( 1) ( 1)		2019
		Amount $ 459,695 ) 34,867 424,828) 12,312 443,618 96,553 ) - - 359,377 $ 65,451) $ 357,444 ) 67,384) $ 424,828) $ 1,447 66,898) $ 65,451) $ 0.38)			Amount $ 2,411 65,829) 63,418) 26,265 ) 77,719 ) 17,307 8,547 1,046 77,084) $ 140,502) $ 52,588 116,006) $ 63,418) $ 29,671 ) 110,831) $ 140,502) $ 0.06 $ 0.06	%
	( ( ( ( ( ( ( ( ( (			( ( ( ( ( ( ( ( ( ( (		- - - - ( 1 ) - - - ( 1) ( 1) - ( 1) ( 1) - ( 1) ( 1)

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

Chairman: KUO, SHAO YI Manager: KUO, SHAO YI Accounting Supervisor: Hsu, Li Hsueh

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LEALEA ENTERPRISE Company Limited and Subsidiaries

CONSOLIDATED STATEMENTS OF CHANGE IN EQUITY Years Ended December 31, 2020 and 2019 (In Thousands of New Taiwan Dollars)

							quityAttributable to Sh	are	holders of the Parent										Total Equity
Capital Stock-C	om	mon Stock Amount $ 9,573,029 - - - - - - - - - - 9,573,029 - - - - - - - - $ 9,573,029		Capital Surplus $ 76,303 - - - 3,955 4,309 1,543 ) - - - - 83,024 - - 4,602 ) - - - - - $ 78,422			Retained Earnings		Unappropriated Earnings $ 463,532 41,559 ) 382,921 ) - - - - - 52,588 29,113) 23,475 62,527 2,330 ) - - - 23,992 357,444 ) 13,783 343,661) $ 259,472)		EquityAd	jus	tments Unrealized Gain (Loss) on Financial Assets at Fair Value Through Other Comprehensive Income $ 114,879 - - - - - - - - 64,849) 64,849) 50,030 - - - - 23,992 ) - 413,104 413,104 $ 439,142		TreasuryStock $ 28,470 ) - - - - - - - - - - 28,470 ) - - - - - - - - $ 28,470)
											Foreign Currency Translation Reserve $ 59,882 ) - - - - - - - - 11,703 11,703 48,179 ) - - - - - - 67,996) 67,996) $ 116,175)
Shares (In Thousands) 957,303 - - - - - - - - - - 957,303 - - - - - - - - 957,303					L	egal Capital Reserve $ 487,091 41,559 - - - - - - - - - 528,650 2,330 - - - - - - - $ 530,980	Special Capital Reserve $ 40,464 - - - - - - - - - - 40,464 - - - - - - - - $ 40,464
			( (					( ( ( ( ( ( (		( ( ( ( (		( ( (		( ( (		( ( ( ( ( (	( ( ( ( ( ( (	( ( ( ( ( ( ( ( ( (	$ 11,806,773 - 382,921 ) 5,692 ) 4,721 4,309 1,543 ) 1,565 63,418 ) 77,084) 140,502) 11,286,710 - 4,166 ) 8,329 ) 267,713 - 424,828 ) 359,377 65,451) $ 11,476,477

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

Chairman: KUO, SHAO YI Manager: KUO, SHAO YI Accounting Supervisor: Hsu, Li Hsueh

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LEALEA ENTERPRISE Company Limited and Subsidiaries

CONSOLIDATED STATEMENTS OF CASH FLOWS Years Ended December 31, 2020 and 2019 (In Thousands of New Taiwan Dollars)

Code CASH FLOWS FROM OPERATING ACTIVITIES A10000 Income (loss) before income tax A20010 Adjustments to reconcile profit (loss) A20100 Depreciation expense A20200 Amortization expense A20300 Expected credit losses recognized on investments in debt instruments A20900 Finance costs A21200 Interest income A21300 Dividend income A20400 Loss (gain) on financial assets or liabilities at fair value through profit or loss, net A22300 Share of profits of associates & joint ventures A22500 Loss (gain) on disposal or retirement of property, plant and equipment A23100 Disposal of loss (gain) on investment A23700 Loss for market price decline and obsolete and slow-moving inventories or gain from price recovery of inventory A23900 Unrealized (realized) gain from inter-affiliated accounts A24100 Loss (gain) on foreign exchange A29900 Gain recognized in bargain purchase transaction A29900 Gain on disposal of subsidiaries A30000 CHANGES IN OPERATING ASSETS AND LIABILITIES A31115 Financial assets at fair value through profit or loss, mandatorily measured at fair value A31130 Notes receivable A31150 Accounts receivable A31200 Inventories A31230 Prepayments A31240 Other current assets A31250 Other financial assets A31990 Other assets A32130 Notes and bills payable A32150 Accounts payable A32180 Other payables A32230 Other current liabilities A32240 Net defined benefit liability A33000 Net cash generated by operating activities A33100 Interest received		2020 $ 459,695 ) 732,992 57,020 31 59,742 31,622 ) 3,920 ) 33,423 ) 118,796 2,049 22,267 30,169 ) 918 7,353 52,560 ) 64 ) 83,356 ) 82,010 260,005 458,078 58,210 ) 7,069 340,363 ) 36 130 42,523 22,996 ) 23,001 19,488) 738,154 31,541		2019
	( ( ( ( ( ( ( ( ( ( ( (		( ( ( ( ( ( ( ( ( ( ( ( (	$ 2,411 709,260 75,738 4,612 92,337 56,356 ) 1,620 ) 18,302 100,726 4,506 ) 1,860 ) 984 143 ) 28,815 ) - - 96,028 ) 65,740 366,637 352,171 41,912 ) 13,945 ) 9,750 7,192 ) 288,896 ) 108,743 ) 38,065 65,641 28,539) 1,223,819 59,274

(Continued)

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Code AC0200 Dividend received A33200 Dividends received from associates A33300 Interest paid A33500 Income tax paid AAAA Net cash flows from operating activities CASH FLOWS FROM INVESTING ACTIVITIES B00200 Disposal of financial assets at fair value through other comprehensive profit or loss B01800 Acquisition of long-term equity investment using the equity method B01900 Disposal of long-term equity investments using the equity method B02300 Net cash flows from disposal of subsidiaries B02700 Acquisition of property, plant and equipment B02800 Disposal of property, plant and equipment B03700 Pledged certificate of deposit B03800 Increase (decrease) in refundable guarantee deposits B04300 Increase (decrease) in advance loans from related parties B04500 Acquisition of Intangible assets BBBB Net cash used in investing activities CASH FLOWS FROM FINANCIING ACTIVITIES C00100 Increase (decrease) in short-term loans C00500 Increase (decrease) in short-term bills payable C01600 Long-term borrowings C01700 Repayment of long-term borrowings C03100 Increase (decrease) in guarantee deposits received C03700 Increase (decrease) in advance loans payable to related parties C04020 Repayment of the principal portion of lease liabilities C04500 Cash dividends to shareholders of the company C05800 Cash dividends to non-controlling interests C05800 Non-controlling interests change CCCC Net cash used in financing activities DDDD EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS EEEE NET DECREASE IN CASH AND CASH EQUIVALENTS E00100 CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR E00200 CASH AND CASH EQUIVALENTS, END OF YEAR		2020 $ 3,920 42,835 62,058 ) 10,923) 743,469 - 62,693 ) 138,263 392 ) 543,406 ) 3,439 - 691 ) 15,000 ) 1,684) 482,164) 416,402 ) 660,000 - 1,265,286 ) 354 ) 344,937 9,840 ) - 4,166 ) 268,110 423,001) 7,261) 168,957 ) 1,401,355 $ 1,232,398		2019
	( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( (		( ( ( ( ( ( ( ( ( ( ( ( ( ( ( (	$ 1,620 72,650 90,116 ) 165,058) 1,102,189 72,741 15,200 ) - - 675,855 ) 5,210 6,300 1,552 7,000 ) 571) 612,823) 187,010 50,000 ) 457,951 719,582 ) 179 52,000 ) 9,333 ) 378,612 ) 5,692 ) 22 570,057) 16,304) 96,995 ) 1,498,350 $ 1,401,355

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

Chairman: KUO, SHAO YI Manager: KUO, SHAO YI Accounting Supervisor: Hsu, Li Hsueh

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INDEPENDENNT AUDITORS’ REPORT

The Board of Directors and Shareholders LEALEA ENTERPRISE Company Limited

Opinion

We have audited the accompanying individual financial statements of LEALEA ENTERPRISE Company Limited (the “Company”), which comprise the individual balance sheets as of December 31, 2020 and 2019, and the individual statements of comprehensive income, changes in equity and cash flows for the years then ended, and the notes to the individual financial statements, including a summary of significant accounting policies.

Per opinions of our accountants, the individual financial statements mentioned in paragraph one have been prepared in accordance with Regulations Governing the Preparation of Financial Reports by Securities Issuers in all material aspects, and can be reasonably assessed to present the individual financial conditions of the Company as of December 31, 2020 and 2019, as well as the individual financial performance and individual cash flow from January 1 to December 31, 2020 and 2019.

Basis for Opinion

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

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the individual financial statements for the year ended December 31, 2020. These matters were addressed in the context of our audit of the individual financial statements as a whole, and in forming our opinion thereon, and do not provide a separate opinion on these matters.

Key audit matters for the Company’s individual financial statements for the year ended December 31, 2021 are stated as follows:

The authenticity of sales transactions of customers with positive annual sales revenue growth

LEALEA ENTERPRISE Company Limited is mainly engaged in the manufacturing and sales of polyester fully oriented yarn, draw textured yarn and polyester chip. Due to the impact of the global pandemic of the Covid-19 epidemic, individual operating income in 2020 has been greatly reduced, and due to the impact of the epidemic, the operating income of competitors in the same industry have generally shown a downward trend. The analysis of annual sales revenue by customer shows that some customers have sales revenue grown against the trend, which is contrary to the trend of the company and competitors in the same industry. Since operating income is the focus of investors, there are significant risks in income recognition. The true occurrence of sales income will be relevant to income recognition and the fair expression of financial reports. Because of this, the accountant listed the authenticity of sales transactions of customer with positive sales revenue growth as the key audit items for this year. For accounting policies and relevant disclosure information related to the recognition of operating income, please refer to Note 4.

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

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

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

Those charged with governance (including members of the Audit Committee) are responsible for overseeing the Company’s financial reporting process.

Auditors’ Responsibilities for the Audit of the Individual Financial Statements

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

Identified and evaluated the risk of material misstatement due to fraud or error in the Consolidated Financial Statements; designed and carried out appropriate countermeasures for the evaluated risks; obtained sufficient and appropriate evidence as the basis for the audit opinion. Fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Therefore, the risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.
Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going
23 -

concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors’ report to the related disclosures in the individual financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors’ report. However, future events or conditions may cause the Company to cease to continue as a going concern.

Evaluate the overall presentation, structure and content of the individual d financial statements, including the disclosures, and whether the individual financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Company to express an opinion on the individual financial statements. We are responsible for the direction, supervision and performance of the group audit. We remain solely responsible for our opinion.

In the communications between us and the Company’s governing body, we have determined the key audit items from 2020 individual financial statements of the Company and its subsidiaries. We have clearly indicated such matters in the auditors' report. Unless legal regulations prohibit the public disclosure of specific items, or in extremely rare cases, where we decided not to communicate over specific items in the auditors' report for it could be reasonably anticipated that the negative effects of such disclosure would be greater than the public interest it brings forth.

The engagement partners on the audit resulting in this independent auditors’ report are Chiu, Ming-Yu and Wu, Ke-Chang

Chiu, Ming-Yu Wu, Ke-Chang Deloitte & Touche Deloitte & Touche Taipei, Taiwan Taipei, Taiwan Republic of China Republic of China

Financial-Supervisory-SecuritiesFinancial-Supervisory-SecuritiesVI-0930160267 of the Financial Auditing-1000028068 of the Supervisory Commission Financial Supervisory Commission

March 31, 2021

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LEALEA ENTERPRISE Company Limited

INDIVIDUAL BALANCE SHEETS Years Ended December 31, 2020 and 2019 (In Thousands of New Taiwan Dollars)

Code 1100 1110 1150 1160 1170 1180 1210 1310 1410 1476 1479 11XX 1510 1550 1600 1755 1780 1840 1915 1990 15XX 1XXX Code 2100 2110 2120 2150 2160 2170 2180 2200 2220 2230 2280 2320 2399 21XX 2540 2570 2580 2640 2645 25XX 2XXX 3110 3200 3310 3320 3350 3300 3400 3500 3XXX	ASSETS CURRENT ASSETS Cash and cash equivalents (Note 6) Financial assets at fair value through profit or loss－Current (Note 7) Notes receivable, net (Note 8) Notes Receivable from related parties, net (Note 8, 22) Accounts receivable, net (Note 8) Accounts Receivable from related parties, net (Note 8, 22) Advance loans to related parties (Note 22) Inventories－Textile business Prepayments Other financial assets－Current Other current assets (Note 11) Total current assets NONCURRENT ASSETS Financial assets at fair value through income (loss)－Noncurrent (Note 7) Investments accounted for using equity method (Note 10) Property, plant and equipment (Note 11) Right-of-use assets (Note 12) Other intangible assets Deferred income tax assets (Note 17) Prepayments for business facilities Other noncurrent assets－Others Total noncurrent assets TOTAL ASSETS LIABILITIESAND EQUITY CURRENT LIABILITIES Short-term loans (Note 13) Short-term bills payable (Note 13) Financial liabilities at fair value through profit or loss－Current (Note 7) Notes payable Notes payables to related parties (Note 22) Accounts payable Accounts payables to related parties (Note 22) Other payables Advance loans to related parties (Note 22) Current income tax liabilities (Note 17) Lease liabilities---Current (Note 12) Long-term liabilities－Current portion (Note 13) Other current liabilities (Note 11) Total current liabilities NONCURRENT LIABILITIES Long-term borrowings (Note 13) Deferred income tax liabilities－Noncurrent (Note 17) Lease liabilities－Noncurrent (Note 12) Net defined liabilities－Noncurrent (Note 14) Guarantee deposits Total noncurrent liabilities Total liabilities EQUITY (NOTE 15) Capital stock Capital－Common stock Capital surplus Retained earnings Appropriated as legal capital reserve Appropriated as special capital reserve Unappropriated earning Total retained earnings Others Treasury stock Total equity TOTAL LIABILITIES AND EQUITY		2020	％ 7 - - - 3 1 4 10 1 2 - 28 - 39 31 - - 1 1 - 72 100 11 5 - - - 2 1 3 2 - - 3 2 29 3 1 - 2 - 6 35 61 - 4 - ( 2) 2 2 - 65 100		2019
			Amount $ 1,124,927 67,305 49,352 12,833 418,133 198,627 583,840 1,514,587 73,275 306,802 63,972 4,413,653 1,347 6,102,266 4,933,893 720 1,599 133,187 93,489 5,782 11,272,283 $ 15,685,936 $ 1,750,000 770,000 - 7,796 730 375,669 89,142 391,307 331,000 - 107 474,667 312,708 4,503,126 520,000 96,653 541 306,039 1,657 924,890 5,428,016 9,573,029 78,422 530,980 40,464 259,472) 311,972 322,967 28,470) 10,257,920 $ 15,685,936			Amount $ 1,232,460 66,735 119,261 25,408 604,072 170,297 607,095 1,927,019 48,631 25,804 9,256 4,836,038 1,347 5,356,972 5,304,595 1,192 1,672 86,666 26,779 56,475 10,835,698 $ 15,671,736 $ 1,920,000 110,000 30,298 8,532 79 390,195 25,244 461,783 259,000 43,260 232 474,667 271,272 3,994,562 994,667 96,653 963 322,068 1,748 1,416,099 5,410,661 9,573,029 83,024 528,650 40,464 62,527 631,641 1,851 28,470) 10,261,075 $ 15,671,736	％
		( (			(		8 1 1 - 4 1 4 12 - - - 31 - 34 34 - - 1 - - 69 100 12 1 - - - 3 - 3 2 - - 3 2 26 6 1 - 2 - 9 35 61 - 3 - 1 4 - - 65 100

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

Chairman: KUO, SHAO YI Manager: KUO, SHAO YI Accounting Supervisor: Hsu, Li Hsueh

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LEALEA ENTERPRISE Company Limited

INDIVIDUAL STATEMENTS OF COMPREHENSIVE INCOME Years Ended December 31, 2020 and 2019 (In Thousands of New Taiwan Dollars, Except Earnings Per Share)

Code OPERATING REVENUE（Note 22） 4100 Sales revenue 4500 Construction income 4000 Operating revenue COST OF REVENUE（Note 9, 22） 5110 Cost of goods sold 5500 Construction cost 5000 Cost of revenue 5900 GROSS PROFIT 5910 GROSS PROFIT BEFORE UNREALIZED WITH SUBSIDIARIES AND ASSOCIATES 5950 REALIZED GROSS PROFIT OPERATING EXPENSE (Note 22) 6100 Marketing expenses 6200 General and administrative 6300 Research and development 6450 Expected credit impairment loss determined in accordance with IFRS 9 6000 Total operating expenses 6900 OPERATING INCOME (LOSS) NON-OPERATING INCOME AND EXPENSE (Note 16, 22) 7100 Interest income 7010 Other income 7020 Other gains and losses 7050 Finance costs 7070 Share of profit (loss) of associates and joint ventures accounted for using equity method 7000 Total non-operating income and expenses		2020	% 100 - 100 96 - 96 4 - 4 4 1 1 - 6 ( 2) - 2 ( 3 ) ( 1 ) ( 2) ( 4)		2019
		Amount $ 7,322,391 - 7,322,391 7,021,196 - 7,021,196 301,195 119) 301,076 300,036 113,117 44,591 180) 457,564 156,488) 42,691 124,910 215,112 ) 39,987 ) 165,207) 252,705)			Amount $ 10,515,557 39,425 10,554,982 9,761,445 2,687 9,764,132 790,850 3,196) 787,654 327,295 121,405 52,266 5,289) 495,677 291,977 67,231 79,463 102,782 ) 49,049 ) 190,736) 195,873)	%
	( ( ( ( ( ( (			( ( ( ( ( (		100 - 100 92 - 92 8 - 8 3 1 1 - 5 3 1 1 ( 1 ) ( 1 ) ( 2) ( 2)

(Continued)

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Code 7900 INCOME (LOSS) BEFORE INCOME TAX 7950 INCOME TAX EXPENSE (Note 17) 8200 NET INCOME (LOSS) OTHER COMPREHENSIVE INCOME (LOSS) 8310 Items that will not be reclassified subsequently to profit or loss 8311 Remeasurement of defined benefit obligation 8330 Share of other comprehensive loss of associates and joint ventures accounted for using equity method 8360 Items that may be reclassified subsequently to profit or loss 8361 Exchange differences arising on translation of foreign operations 8380 Share of other comprehensive loss of associates and joint ventures accounted for using equity method 8300 Other comprehensive loss for the year, net of income tax 8500 TOTAL COMPREHENSIVE INCOME FOR THE YEAR EARNINGS (LOSS) PER SHARE (Note 18) FROM CONTINUING OPERATION 9710 Basic earnings per share 9810 Diluted earnings per share		2020	％ ( 6 ) 1 ( 5) - 6 ( 1 ) - 5 -		2019
		Amount $ 409,193 ) 51,749 357,444) 1,834 425,053 67,996 ) - 358,891 $ 1,447 $ 0.38)			Amount $ 96,104 43,516) 52,588 21,435 ) 77,838 ) 11,703 5,311 82,259) $ 29,671) $ 0.06 $ 0.06	％
	( ( ( (			( ( ( ( (		1 - 1 - ( 1 ) - - ( 1) -

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

Chairman: KUO, SHAO YI Manager: KUO, SHAO YI Accounting Supervisor: Hsu, Li Hsueh

27 -

LEALEA ENTERPRISE Company Limited

INDIVIDUAL STATEMENTS OF CHANGE IN EQUITY Years Ended December 31, 2020 and 2019 (In Thousands of New Taiwan Dollars)

Capital Stock-C		Retained Earnings	Equity Adjustments Unrealized Gain (Loss) on Financial Assets at Fair Value Through Other Foreign Currency Translation Reserve Comprehensive Income ( $ 59,882 ) $ 114,879 - - - - - - - - - - - - 11,703 ( 64,849) 11,703 ( 64,849) ( 48,179 ) 50,030 - - - - - ( 23,992 ) - - ( 67,996) 413,104 ( 67,996) 413,104 ($ 116,175) $ 439,142	Total Equity
			Foreign Currency Translation Reserve ( $ 59,882 ) - - - - - - 11,703 11,703 ( 48,179 ) - - - - ( 67,996) ( 67,996) ($ 116,175)
Shares (In Thousands) 957,303 - - - - - - - - 957,303 - - - - - - 957,303	Legal Capital Reserve $ 487,091 41,559 - - - - - - - 528,650 2,330 - - - - - $ 530,980	Special Capital Reserve $ 40,464 - - - - - - - - 40,464 - - - - - - $ 40,464
				$ 10,666,946 - ( 382,921 ) 3,955 4,309 ( 1,543 ) 52,588 ( 82,259) ( 29,671) 10,261,075 - ( 4,602 ) - ( 357,444 ) 358,891 1,447 $ 10,257,920

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

Chairman: KUO, SHAO YI Manager: KUO, SHAO YI Accounting Supervisor: Hsu, Li Hsueh

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LEALEA ENTERPRISE Company Limited

INDIVIDUAL STATEMENTS OF CASH FLOWS Years Ended December 31, 2020 and 2019 (In Thousands of New Taiwan Dollars)

Code CASH FLOWS FROM OPERATING ACTIVITIES A10000 Income (loss) before income tax A20010 Adjustments to reconcile profit (loss) A20100 Depreciation expense A20200 Amortization expense A20300 Expected credit losses recognized on investments in debt instruments A20900 Finance costs A21200 Interest income A21300 Dividend income A20400 Loss (gain) on financial assets or liabilities at fair value through profit or loss, net A22300 Share of profits (loss) of subsidiaries, associates and joint ventures accounted for using equity method A22500 Loss (gain) on disposal or retirement of property, plant and equipment A23100 Disposal of loss (gain) on investment A23700 Loss for market price decline and obsolete and slow-moving inventories or gain from price recovery of inventory A23900 Unrealized (realized) gain from inter-affiliated accounts A24100 Loss (gain) on foreign exchange A30000 CHANGES IN OPERATING ASSETS AND LIABILITIES A31130 Notes receivable A31150 Accounts receivable A31200 Inventories A31230 Prepayments A31240 Other current assets A31250 Other financial assets A31990 Other assets A32130 Notes and bills payable A32150 Accounts payable A32180 Other payables A32230 Other current liabilities A32240 Net defined benefit liability A33000 Net cash generated by operating activities		2020 $ 409,193 ) 612,378 56,558 180 ) ( 39,987 42,691 ) ( 1,547 ) ( 30,867 ) 165,207 2,051 ( 62 ) 31,586 ) ( 119 14,110 83,191 162,012 444,018 79,704 ) ( 461 ) ( 261,403 ) 63 ) 85 ) ( 49,372 ( 42,629 ) 41,436 14,193) ( 755,775	2019
	( ( ( ( ( ( ( ( ( ( ( ( ( (		$ 96,104 592,317 75,435 5,289 ) 49,049 67,231 ) 1,129 ) 20,031 190,736 4,333 ) - 7,925 ) 3,196 27,556 59,987 499,537 288,825 44,907 ) 26,052 ) 10,374 - 269,108 ) 245,041 ) 88,963 41,791 39,454) 1,333,432

(Continued)

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Code A33100 Interest received A33200 Dividend received A33200 Dividends received from associates A33300 Interest paid A33500 Income tax paid AAAA Net cash flows from operating activities CASH FLOWS FROM INVESTING ACTIVITIES B01800 Acquisition of long-term equity investment using the equity method B01900 Disposal of long-term equity investments using the equity method B02700 Acquisition of property, plant and equipment B02800 Disposal of property, plant and equipment B03700 Increase (decrease) in refundable guarantee deposits B04300 Increase (decrease) in advance loans from related parties B04500 Acquisition of Intangible assets BBBB Net cash used in investing activities CASH FLOWS FROM FINANCIING ACTIVITIES C00100 Increase (decrease) in short-term loans C00500 Increase (decrease) in short-term bills payable C01600 Long-term borrowings C01700 Repayment of long-term borrowings C03100 Increase (decrease) in guarantee deposits received C03700 Increase (decrease) in advance loans payable to related parties C04020 Repayment of the principal portion of lease liabilities C04500 Cash dividends to shareholders of the company CCCC Net cash used in financing activities DDDD EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS EEEE NET DECREASE IN CASH AND CASH EQUIVALENTS E00100 CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR E00200 CASH AND CASH EQUIVALENTS, END OF YEAR		2020 $ 43,501 1,547 51,236 40,628 ) ( 7,465) ( 803,966 625,090 ) ( 15,648 395,156 ) ( 3,437 215 ) 14,109 ( 1,445) ( 988,712) ( 170,000 ) 660,000 ( - 474,667 ) ( 592 ) 72,000 ( 236 ) ( - ( 86,505 ( 9,292) ( 107,533 ) ( 1,232,460 $ 1,124,927	2019
	( ( ( ( ( ( ( ( ( ( ( ( (		$ 67,164 1,129 68,245 48,950 ) 156,280) 1,264,740 65,200 ) - 489,745 ) 5,037 176 530,095 ) 471) 1,080,298) 270,000 50,000 ) 440,000 620,666 ) 1,141 32,000 ) 57 ) 382,921) 374,503) 976) 191,037 ) 1,423,497 $ 1,232,460

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

Chairman: KUO, SHAO YI Manager: KUO, SHAO YI Accounting Supervisor: Hsu, Li Hsueh

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Attachments 2

LEALEA ENTERPRISE CO., LTD.

Comparison Table of Provisions Before and After Amendment of “Articles of Incorporation”

Original Provision	Amended Provision	Reason for Amendment
Article 7 The company’s stocks are registered stocks that are signed or sealed by three or more directors and issued after being issued with a visa from the issuing registration agency approved by the competent authority. The shares issued by the company may be exempted from printing stocks and should be registered with the securities centralized custodial institution.	Article 7 In accordance with the laws and regulations the stocks are delivered in the form of account book transfer instead of printing the physical stocks; the same applies to the issuance of other securities.	Cooperate with the amendment of the law
Article 32 This charter was established on December 8, 1978 The first amendment was made on December 29, 1980 ‧ ‧ ‧ The twenty-sixth amendment was on June 18, 2020	Article 32 This charter was established on December 8, 1978 The first amendment was made on December 29, 1980 ‧ ‧ ‧ The twenty-sixth amendment was on June 18, 2020 The twenty-seventh amendment was on June 23, 2021	Update the amended date and frequency

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LEALEA ENTERPRISE CO., LTD. Article of association

Chapter I General Principles

Article 1 The company was organized in accordance with the provisions of the Company Act and was named LEALEA ENTERPRISE CO., LTD.
Article 2 The Company's businesses are as follows：
A102060 Grain Commerce
A401020 Animal Husbandry
C301010 Yarn Spinning Mills
C302010 Knit Fabric Mills
C399990 Other Textile Products Manufacturing
C601990 Other Paper Products Manufacturing
C701010 Printing
C702010 Platemaking Manufacturing
C801100 Synthetic Resin & Plastic Manufacturing
C801120 Manmade Fiber Manufacturing
D101050 Steam and Electricity Paragenesis
F104110 Wholesale of Cloths, Clothes, Shoes, Hat, Umbrella and Apparel, Clothing Accessories and Other Textile Products
F108040 Wholesale of Cosmetics
F208040 Retail Sale of Cosmetics
F208050 Retail Sale of the Second Type Patent Medicine
F111090 Wholesale of Building Materials
F113010 Wholesale of Machinery
F114010 Wholesale of Automobiles
F114030 Wholesale of Motor Vehicle Parts and Supplies
F201010 Retail sale of Agricultural Products
F204110 Retail sale of Cloths, Clothes, Shoes, Hat, Umbrella and Apparel, Clothing Accessories and Other Textile Products
F211010 Retail Sale of Building Materials
F213080 Retail Sale of Machinery and Equipment
F214010 Retail Sale of Automobiles
F214030 Retail Sale of Motor Vehicle Parts and Supplies
F301010 Department Stores
F301020 Supermarkets
F401010 International Trade
F501030 Coffee/Tea Shops and Bars
F501060 Restaurants
G202010 Parking Garage Business
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H701040 Specialized Field Construction and Development
H701060 New County and Community Construction and Investment
IZ99990 Other Industry and Commerce Services Not Elsewhere Classified
J701020 Amusement Parks
J701040 Recreational Activities grounds and Facilities
J801030 Athletics and Recreational Sports Stadium
JA01010 Automotive Repair and Maintenance
JE01010 Rental and Leasing Business
IG01010 Biotechnology Services
IG02010 Research Development Service
H701010 Residence and Buildings Lease Construction and Development
H701020 Industrial Factory Buildings Lease Construction and Development
H703090 Real Estate Commerce
H703100 Real Estate Rental and Leasing
ZZ99999 All business items that are not prohibited or restricted by law, except those that are subject to special approval.
Article 2-1 Based on the business needs, the Company may provide external guarantees.
Article 2-2 The Company's investment in other businesses may not be restricted by the Company Law related to the total amount of investment, but the investment in long-term equity shall be approved by the board of directors.
Article 3 The company set up a head office in Taipei City, and if necessary, through the resolution of the board of directors, it may establish branches at home and abroad.
Article 4 The company's announcement method shall be handled in accordance with Article 28 of the Company Law.

Chapter II Shares

Article 5 The total capital is rated at twelve billion New Taiwan dollars, divided into 1.2 billion shares, each with a denomination of ten New Taiwan dollars per share, and is issued in multiples. Unissued shares are authorized to be issued by the board of directors based on actual needs.
Article 6 The transfer to employees at a price lower than the average price of the actual shares bought back should be submitted to the latest shareholders meeting to represent more than half of the total issued shares before the transfer, and with more than two-thirds of the voting rights of present shareholders agree.
Article 7 The company’s stocks are registered stocks that are signed or sealed by three or more directors and issued after being issued with a visa from the issuing registration agency approved by the competent authority. The shares issued by the company may be exempted from printing stocks and should be registered with the securities centralized custodial institution.
Article 8 Changes to the record in the shareholder register shall not be made within 60 days before the regular shareholders meeting, 30 days before the extraordinary shareholders
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meeting, or within 5 days before the base date of the company's decision to distribute dividends, bonuses or other benefits.

Chapter III Shareholders' Meeting

Article 9 The company’s shareholders meeting is divided into two types: The regular shareholders meeting is held within six months after the end of each fiscal year; The extraordinary shareholders meeting shall be convened in accordance with relevant laws and regulations when necessary.
Article 9-1 The company’s shareholders meeting should be convened 30 days before, and the convening of the extraordinary shareholders meeting should be held 15 days before. The date, place and reason for the meeting should be notified to all shareholders and announced. The notice of the convening of the shareholders meeting may be carried out electronically if the shareholders agree.
Article 10 When a shareholder is unable to attend the shareholders meeting for some reason, a letter of attorney issued by the company shall be issued, stating the scope of authorization. An agent will attend the meeting.
Article 10-1 The chairman of the shareholders meeting shall be the chairman of the board of directors. If the chairman is absent, the vice chairman shall act as the deputy chairman of the board of directors when there is a vice chairman; When the vice chairman is also absent for some reason, the chairman shall appoint a director to act as his agent; If the chairman of the board does not appoint a person, one of the directors will recommend each other as an agent; If it is convened by a convener other than the board of directors, the chairman shall be the convener. If there are two or more conveners, one of the other conveners shall be elected.
Article 11 Shareholders of the company have one voting right per share; however, those who are restricted or have no voting rights listed in Paragraph 2, Article 179 of the Company Law shall not be subject to this restriction.
Article 12 The resolutio ns of the shareholders' meeting shall be attended by shareholders representing more than half of the total number of shares issued, unless otherwise provided by relevant laws and regulations, and shall be executed with the approval of more than half of the voting rights of the shareholders present. When the number of shareholders present is less than the amount specified in the preceding paragraph, it is understood that the relevant provisions of the Company Law shall be followed.
Article 13 The resolutions of the shareholders' meeting shall be recorded in the minutes, which shall be signed or sealed by the chairman, and the minutes shall be distributed to all shareholders within 20 days after the meeting.

The production and distribution of the proceedings can be done electronically, and the method of distribution can be announced.

The minutes of the proceedings should record the year, month, day, venue, chairman's name and resolution method of the meeting, and should record the essentials and results of the proceedings.

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The minutes of the proceedings, the attendance card of the attending shareholders, and the proxy attendance letter of attorney shall be properly kept in accordance with the regulations of the competent authority.

Article 14 The shareholders' meeting may check the schedules and reports of the audit committee submitted by the board of directors, and decide on the distribution of surplus or compensation of losses.

Chapter IV Directors and Supervisors

Article 15 There are nine directors (including three independent directors) with a term of three years, and they may be re-elected. The election of directors adopts a candidate nomination system, and the shareholders choose from the list of director candidates.
Article 16 The directors organize the board of directors. Two-thirds or more of the directors present and more than half of the directors’ present agree to elect one of them as the chairman of the board, and a vice chairman may be appointed by the directors in the same way to perform all the affairs of the company. The president represents the company externally.
Article 17 When the vacancy of directors reaches one-third or all independent directors are dismissed, the board of directors shall convene an interim meeting of shareholders within 60 days to elect them.
Article 18 When the chairman of the board asks for leave or is unable to exercise his powers for some reason, his agency shall be handled in accordance with Article 208 of the Company Law.

When a director entrusts other directors to attend a meeting as an agent, he shall issue a power of attorney each time and list the authorized scope of the reason for the convening.

The notice of the convocation of the board of directors can be notified in writing, fax, e-mail, etc.

When the board of directors is meeting, if a video conference is used, the directors who participate in the meeting on the video screen shall be deemed to have attended the meeting in person.

Article 19 The resolution of the board of directors, unless otherwise stipulated by the Company Law, should be attended by more than half of the directors, and more than half of the directors present should agree to it.

Article 20 Delete Article 21 Delete Article 22 Delete Article 23 Delete Article 24 Delete Article 25 Delete

Article 26 The remuneration of the chairman and directors shall be authorized by the board of directors to determine the extent of their participation in the operation of the company and the value of their contribution to the usual standards of the industry.

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Chapter V Managers

Article 27 The company may have one general manager and several managers, and their appointment, dismissal and remuneration shall be handled in accordance with the relevant provisions of the Company Law.

Chapter VI Accounting

Article 28 At the end of each fiscal year, the board of directors shall prepare: (1) Business report (2) Financial statements (3) Proposals for surplus distribution or loss allowances, etc. After 30 days before the meeting of the regular shareholders meeting, it is submitted to the audit committee for verification, and then submitted to the regular shareholders meeting to request recognition.
Article 29 If there is a profit in the year, at least 2% should be allocated for employee compensation, and no more than 5% for directors' compensation. However, when there are accumulated losses, the compensation amount shall be reserved, and then the remuneration of employees and directors shall be allocated in accordance with the aforementioned proportion. The remuneration of employees shall be determined by the board of directors in stock or cash, and the payment objects may include employees of affiliated companies who meet the conditions set by the board of directors.
Article 30 If there is a surplus in the annual final accounts, the accumulated losses shall be made up first, and then 10% shall be allocated as the statutory surplus reserve according to law; However, when the statutory surplus reserve has reached the total paid-in capital, it is exempted to continue to be listed. The special surplus reserve shall be allocated or transferred in the second time according to laws or regulations or regulations of the competent authority. If there is a balance, add the accumulated undistributed surplus at the beginning of the period as the distributable surplus, and allocate 0% to 100% of the distributable surplus, which shall be distributed after the board of directors drafts a distribution proposal and submits it to the shareholders meeting for resolution. Among the shareholder dividends decided by the board of directors, the cash dividend shall not be less than 5% of the total dividends. However, if the cash dividend per share does not reach 0.1 yuan, it may be paid as a stock dividend.

Due to the changeable industrial environment and the development of diversification, the board of directors may change the payment of stock dividends in accordance with the capital budget and capital status.

Chapter VII Supplementary Provisions

Article 31 Matters not stipulated in this Articles of Association shall be handled in accordance with the Company Law and relevant laws and regulations.

Article 32 This charter was established on December 8, 1978 The first amendment was made on December 29, 1980 The second amendment was made on February 24, 1981 The third amendment was on February 21, 1982 The fourth amendment was on September 8, 1984 The fifth amendment was on September 4, 1988 The sixth amendment was made on September 25, 1988 The seventh amendment was made on November 28, 1988

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The eighth amendment was made on April 15, 1989 The ninth amendment was on June 7, 1989 The tenth amendment was on February 23, 1990 The eleventh amendment was made on April 24, 1991 The twelfth amendment was made on March 27, 1992 The thirteenth amendment was made on May 19, 1993 The fourteenth amendment was made on April 26, 1994 The fifteenth amendment was on May 10, 1995 The sixteenth amendment was made on June 5, 1996 The seventeenth amendment was made on May 7, 1997 The eighteenth amendment was on April 23, 1998 The nineteenth amendment was on May 27, 1999 The twentieth amendment was on April 26, 2000 The twenty-first amendment was made on June 13, 2001 The twenty-second revision was made on June 12, 2002 The twenty-third revision was on June 3, 2004

The twenty-fourth amendment was made on June 10, 2005 The twenty-fifth amendment was made on June 14, 2006 The twenty-sixth amendment was on June 13, 2008 The twenty-seventh amendment was on June 19, 2009 The twenty-eighth amendment was on June 17, 2010 The twenty-ninth amendment was on June 15, 2011 The thirtieth amendment was on June 6, 2012

The thirty-first amendment was made on June 13, 2013 The thirty-second amendment was made on June 11, 2014. The thirty-third revision was on June 10, 2015

The thirty-fourth amendment was made on June 8, 2016 The thirty-fifth amendment was made on June 12, 2018 The twenty-sixth amendment was on June 18, 2020

LEALEA ENTERPRISE CO., LTD. Chairman KUO, SHAO-YI

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Attachments 3

LEALEA ENTERPRISE CO., LTD. Rules of Procedure for Shareholders Meetings

Amended on 2021.03.29

Article 1 The company’s shareholders’ meeting is conducted in accordance with these rules. Article 2 The “shareholders” mentioned in these rules refer to the shareholders themselves and their agents and solicitors as regulated by the “Regulations Governing the Use of Proxies for Attendance at Shareholder Meetings of Public Companies”.
Article 3 Shareholders attending the shareholders meeting should present their attendance sign card or other attendance certificates to complete the procedures for attending the shareholders meeting; and should bring the original identification documents or other certification documents approved by the company, so that the staff can check it when necessary before going through the attendance. The number of attending shares shall be calculated based on the attendance card or other attendance certificates that have completed attendance procedures, plus the number of shares exercising voting rights electronically.
Article 4 The place of the shareholders meeting shall be at the place where the company operates and suitable for the meeting of shareholders. The start time of the meeting shall not be earlier than nine o'clock in the morning or later than three o'clock in the afternoon.
The registration area should be clearly marked, and there should be adequate staff at the venue, and the attendance procedures for shareholders should be handled at least 30 minutes before the start of the meeting; However, in the event of sudden force majeure, it is not subject to this limitation, and the situation should be eliminated as soon as possible, or other countermeasures should be adopted to accept shareholders to attend the shareholders meeting.
Relevant personnel who need to participate in and assist in the convening of the shareholders' meeting, if they are shareholders, may not be restricted by the announced time for attendance procedures.
Article 5 Unless otherwise provided by law or regulation, this Corporation's shareholders meetings shall be convened by the board of directors.
If a shareholders meeting is convened by the board of directors, the meeting shall be chaired by the chairperson of the board. When the chairperson of the board is on leave or for any reason unable to exercise the powers of the chairperson, the vice chairperson shall act in place of the chairperson; if there is no vice chairperson or the vice chairperson also is on leave or for any reason unable to exercise the powers of the vice chairperson, the chairperson shall appoint one of the directors to act as chair, or, if there are no directors, one of the directors shall be appointed to act as chair. Where the chairperson does not make such a designation, the directors or the directors shall select from among themselves one person to serve as chair.
Article 6 This Corporation may appoint its attorneys, certified public accountants, or related persons retained by it to attend a shareholders meeting in a non-voting capacity.
Article 7 Regarding the process of the shareholders meeting, the company shall record or record the entire process and keep it for at least one year.
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Article 8 At the appointed meeting time, with the attendance of shareholders representing more than half of the total issued shares, the chair shall call the meeting to order. If the meeting time has passed but no shareholders representing more than half of the total issued shares are present, the chairman may announce the postponement. If the quorum is not met after two postponements but with the attending shareholders represent one third or more of the total number of issued shares, a tentative resolution may be adopted pursuant to Article 175 of the Company Act with the approval of more than half of the voting rights of the shareholders present.
When the shareholders' meeting being a tentative resolution in the preceding paragraph, if the total number of shares represented by the shareholders present is sufficient to represent more than half of the total number of issued shares, the chairman may declare a formal meeting at any time and submit the tentative resolutions that have been made to the meeting again for voting.
Article 9 If a shareholders meeting is convened by the board of directors, the meeting agenda shall be set by the board of directors. The meeting shall proceed in the order set by the agenda. After reaching the time for the announced shareholders' meeting, it cannot be changed without a resolution of the shareholders meeting.

The provisions of the preceding paragraph apply mutatis mutandis to a shareholders meeting convened by a party with the power to convene that is not the board of directors.

Article 10 When this Corporation holds a shareholder meeting, it shall adopt exercise of voting rights by electronic means.
A shareholder exercising voting rights by electronic means will be deemed to have attended the meeting in person, but to have waived his/her rights with respect to the extraordinary motions and amendments to original proposals of that meeting.
Shareholders who exercise their voting rights electronically and have not revoked their expressions of intent two days before the shareholders' meeting can still attend the shareholders' meeting to participate in the proposal and voting of the interim motion, but they cannot propose amendments to the original proposal and can no longer exercise their voting rights.
Article 11 Before speaking, an attending shareholder must specify on a speaker's slip the shareholder account number and name, and his/her subject of the speech. The order in which shareholders speak will be set by the chair.
A shareholder in attendance who has submitted a speaker's slip but does not actually speak shall be deemed to have not spoken. When the content of the speech does not correspond to the subject given on the speaker's slip, the spoken content shall prevail.
When an attending shareholder is speaking, other shareholders may not speak or interrupt unless they have sought and obtained the consent of the chair and the shareholder that has the floor; the chair shall stop any violation.
Article 12 Except with the consent of the chair, a shareholder may not speak more than twice on the same proposal, and a single speech may not exceed 5 minutes. If the shareholder's speech violates the rules or exceeds the scope of the agenda item, the chair may terminate the speech.
Article 13 When a legal person is entrusted to attend the shareholders meeting, the legal person may only appoint one representative to attend.
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Article 14 After an attending shareholder has spoken, the chair may respond in person or direct relevant personnel to respond.

Article 15 When the chairman considers that the discussion of the proposal has reached the point where it can be voted, he may announce the cessation of the discussion and put it to the vote.
Article 16 Vote monitoring and counting personnel for the voting on a proposal shall be appointed by the chair, provided that all monitoring personnel shall be shareholders of this Corporation. The results of the voting shall be announced on-site at the meeting, and with a record made of the vote.
Article 17 When a meeting is in progress, the chair may announce a break based on time considerations.
Article 18 The voting of the proposal shall be passed with the approval of more than half of the voting rights.
A shareholder shall be entitled to one vote for each share held, except when the shares are restricted shares or are deemed non-voting shares under Article 179, paragraph 2 of the Company Act.
Article 19 Shareholders may not participate in the voting when they have their own interests in matters of the meeting that may be harmful to the interests of the company and shall not act on behalf of other shareholders to exercise their voting rights.
Article 20 The resolutions of the shareholders' meeting shall not be included in the total number of issued shares for the number of shares of non-voting shareholders. The number of shares for which voting rights cannot be exercised in the preceding article shall not be counted as the number of voting rights of shareholders present.
Article 21 When there are amendments or alternatives to the same motion, the chairman shall determine the order of voting in accordance with the original motion. If one of the bills has been passed, the other bills are deemed to be rejected and there is no need to vote again.
Article 22 The chairman may direct pickets, security personnel or staff to help maintain order in the venue.
Article 23 The resolutions of the shareholders' meeting shall be recorded in the minutes, signed or stamped by the chairman, and distributed to all shareholders within 20 days after the meeting. The distribution of the minutes shall be made by public announcement.
The minutes of the proceedings should record the year, month, day, venue, chairman's name and resolution method of the meeting, and should record the essentials and results of the proceedings.

Article 24 These Rules, and any amendments hereto, shall be implemented after adoption by Board of Directors.

Matters not stipulated in this rule shall be handled in accordance with the company law.

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Attachments 4

LEALEA ENTERPRISE CO., LTD. Shareholding of All Directors

As of the Closing Date: April 25, 2021

Title	Name	Closing Date Number of Shareholding	Explanation
Chairman	KUO, SHAO-YI	13,673,114	1. As of the closing date the Company’s total number of issued shares is 957,302,942 shares. 2. In accordance with Article 26 of the Securities Exchange Law and the "Public Company’s Directors and Supervisors' Shareholding Ratio and Inspection Implementation Rules", the minimum total number of the shares that all directors should hold are 30,633,694 shares. 3. All directors of the Company actually hold 186,246,303 shares, which has reached the statutorythreshold.
Director	TUNG TING INVESTMENT CO., LTD. Representative：CHEN, HAN-CHING	76,336,784
Director	LI PENG ENTERPRISE CO., LTD. Representative：KUO, SHU-CHEN	71,743,197
Director	SHUN YU INVESTMENT CO., LTD. Representative：KUO, KO-CHUNG	15,359,913
Director	LI ZAN INVESTMENT CO., LTD. Representative：KUO, CHI-AN	6,101,375
Director	HUNG, TSUNG-CHI	3,031,920
Independent Director	LEE, DAW-MING	0
Independent Director	LU, CHI-CHANT	0
Independent Director	OU, YU-LUN	0
Total		186,246,303

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AI assistant

LEALEA — AGM Information 2021

51807_rns_2021-08-27_6183208d-446d-4d15-9407-5b25cdf13668.pdf

LEALEA ENTERPRISE CO., LTD.

Handbook of 2021 Annual General Shareholders’ Meeting

LEALEA ENTERPRISE CO., LTD. Handbook of 2021 Annual General Shareholders’ Meeting (Translation)

Table of Contents

Notice to readers

LEALEA ENTERPRISE CO., LTD.

2021 Annual General Shareholders’ Meeting Procedures

LEALEA ENTERPRISE CO., LTD.

2021 Annual General Shareholders’ Meeting Agenda

Report Items

Ⅰ . Please check the 2020 business report.

Business Report

1. 2020 Business Results

(1) Project Implementation Results ：

(2) Budget Execution Status ：

(3) The Analysis of Financial Income and Expenses and Profitability:

(4) Status of Research and Development ：

2. Summary of 2021 Business Plan ：

3. The Future Development Strategy of the Company, the Impact of the External Competitive Environment, the Regulatory Environment and the Macroeconomic Conditions ：

Ⅱ . Please check the 2020 Audit Committee's audit report.

Audit Committee’s Audit Report

Ⅲ. Please check the status report on the remuneration distribution for employees

and directors in 2020.

Matters for Ratification

Item 1

Explanatory Notes:

Resolution:

Item 2

Explanatory Notes:

LEALEA ENTERPRISE CO., LTD. Table of Loss Appropriation 2020

Resolution:

Matters for Discussion

Explanation:

Resolution:

Extemporary Motion

Meeting Adjourned

Attachments 1

INDEPENDENNT AUDITORS’REPORT

Opinion

Basis for Opinion

Key Audit Matters

Other Matter

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

Auditors’ Responsibilities for the Audit of the Consolidated Financial Statements

LEALEA ENTERPRISE Company Limited and Subsidiaries

LEALEA ENTERPRISE Company Limited and Subsidiaries

LEALEA ENTERPRISE Company Limited and Subsidiaries

LEALEA ENTERPRISE Company Limited and Subsidiaries

CONSOLIDATED STATEMENTS OF CASH FLOWS Years Ended December 31, 2020 and 2019 (In Thousands of New Taiwan Dollars)

INDEPENDENNT AUDITORS’ REPORT

Opinion

Basis for Opinion

Key Audit Matters

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

Auditors’ Responsibilities for the Audit of the Individual Financial Statements

LEALEA ENTERPRISE Company Limited

LEALEA ENTERPRISE Company Limited

LEALEA ENTERPRISE Company Limited

LEALEA ENTERPRISE Company Limited

INDIVIDUAL STATEMENTS OF CASH FLOWS Years Ended December 31, 2020 and 2019 (In Thousands of New Taiwan Dollars)

Attachments 2

LEALEA ENTERPRISE CO., LTD.

LEALEA ENTERPRISE CO., LTD. Article of association

Chapter I General Principles

Chapter II Shares

Chapter III Shareholders' Meeting

Chapter IV Directors and Supervisors

Chapter V Managers

Chapter VI Accounting

Chapter VII Supplementary Provisions

Attachments 3

LEALEA ENTERPRISE CO., LTD. Rules of Procedure for Shareholders Meetings

Attachments 4

LEALEA ENTERPRISE CO., LTD. Shareholding of All Directors

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LEALEA AGM Information 2021