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

PRESIDENT SECURITIES CORP.

Meeting Minutes of 2026 General Shareholders' Meeting

Time and Date: 9:00 a.m., May 27, 2026.
Place: No. 8, Dongxing Rd., Taipei City, Taiwan R.O.C (Physical shareholders' meeting)
Total outstanding shares: 1,601,414,478 shares. Total shares represented by shareholders present in person or by proxy: 1,030,859,622 shares (of which, 892,335,734 shares voted via electronic transmission). Percentage of shares held by shareholders present in person or by proxy: 64.37%.
Chairman: LIN, KUAN-CHEN
Record: LIU, MENG-CHI
Directors present in person: LIN, KUAN-CHEN, LIU, TSUNG-YI, CHEN, KUO-HUI, LEE, CHI-MING, LEE, SHU-FEN, JUANG, JING-YAU
Independent directors present in person: PAI, CHUN-NAN, HORNG, YUAN-CHUAN, YANG, HUI-CHU

A. Chairman's Address (omitted)

B. Report Items

(1) 2025 Business Report
Explanation: The Company’s Business Report for 2025, please see Appendix I

(2) 2025 Audit Committee's Review Report
Explanation: For 2025 Audit Committee's Review Report, please see Appendix II

(3) 2025 Remuneration of Employees and Directors
Explanation:

1) Comply with the Ordinance No. 10402413890 (June 11, 2015) and the Ordinance No. 10402427800 (October 15, 2015) issued by the Ministry of Economic Affair.

2) In accordance with Article 23 of the Company’s bylaws, the Company will distribute compensation to employees and the Directors from pre-tax profits. Where the company has pre-tax profits, the total value of funds to be distributed among employees shall not be less than 1.6% of pre-tax profits; of which no less than 1% shall be allocated to the remuneration of grassroots employees, while the total value of funds to be distributed among the Directors shall not be more than 2% of pre-tax profits. If the company has losses carried forward, compensation should only be paid to employees and Directors after funds have been set aside as reserve for such losses.

3) The proposal of 2025 Remuneration of Employees and Directors has been approved by the 9th meeting of the 6th Remuneration Committee and the 11th meeting of 13th Board of Directors. It is proposed that a total of NT$107,229,543 (2%) to be distributed to employees and NT$107,229,543 (2%) to be distributed to Directors in accordance with the allocation rules of the 2nd meeting of the 13th Board of Directors. The above mentioned compensation will be in cash.

Shareholder Account No.90000003 – Speech Summary:
Regarding Report Item No.3, the shareholder inquired about the amount of employee compensation allocated to non-executive employees for the year 2025.
The above shareholder’s remarks were answered at the meeting by the head of the Management Department, as designated by the Chairman.

C. Items to be Adopted

Motion 1 (proposed by the Board of Directors)

Topic: Adoption of the 2025 business report, consolidated financial statements and financial statements Explanation

(1) The 2025 consolidated financial statements and the financial statements have already been successfully audited by CPA Wang, Fang-Yu and CPA Kuo, Puo-Ju of PricewaterhouseCoopers Taiwan.
(2) The business report, the consolidated financial statements and the financial statements have been reviewed by the Audit Committee and approved by the eleventh Meeting of the thirteen term Board of Directors (March 2, 2026)
(3) For the business report, the consolidated financial statements and the financial statements, please see Appendix I and Appendix III

Voting Result: 1,030,859,622 shares were represented at the time of voting.
940,567,335 shares voted for the proposal (of which 802,180,018 shares exercised via electronic transmission).
603,546 shares voted against the proposal (of which 603,546 shares exercised via electronic transmission).
89,688,741 shares abstain from voting (of which 89,522,170 shares exercised via electronic transmission), and 0 shares invalid from voting.
91.241068% of the shares were cast in favor of this proposal, which was more than 50% of the shares represented at the time of voting.

RESOLVED, that the above proposal was hereby approved as proposed.

Motion 2 (Proposed by the Board of Directors)

Topic: Adoption of the Proposal for the 2025 earnings distribution

Explanation:

(1) The proposal for distribution of 2025 earnings is prepared in accordance with regulations and the Company’s Articles of Incorporation. Please refer to the 2025 Earnings Distribution Proposal as Appendix IV.
(2) The distributable earnings in this period are NT$3,381,650,267. This number is based on the unappropriated earnings of NT$11,613,938 at the beginning of the period, decreasing by $3,097,270 as a result of remeasurement of defined benefit plans, and increased by $8,761,084 as changes in ownership interests in subsidiaries, and increased by $4,247,320 as realized gain from investments in equity instruments at fair value through other comprehensive income, and plus the after-tax net profit of NT$4,804,426,479 in 2025, and then setting aside legal reserve(10%), special reserve(20%). Proposed cash dividend is $3,378,984,549, which is equivalent to $2.11 per share. Upon the approval of Shareholders' Meeting, it is proposed that the Board of Directors be authorized to resolve the ex-dividend date.
(3) In the event that the shares outstanding changes, it is proposed that the Board of Directors be

authorized to adjust the amount per share to be distributed to shareholders based on the number of actual shares outstanding on the record date for distribution. Dividends of less than $1 shall be transferred to the Company's Employee Benefit Council.

Voting Result: 1,030,859,622 shares were represented at the time of voting.

941,269,734 shares voted for the proposal (of which 802,882,417 shares exercised via electronic transmission);

626,726 shares voted against the proposal (of which 626,726 shares exercised via electronic transmission).

88,963,162 shares abstain from voting (of which 88,826,591 shares exercised via electronic transmission), and 0 shares invalid from voting.

91.309205% of the shares were cast in favor of this proposal, which was more than 50% of the shares represented at the time of voting.

RESOLVED, that the above proposal was hereby approved as proposed.

D. Items for Discussion

Item 1 (Proposed by the Board of Directors)

Topic : Amendment to the procedures for Acquisition or Disposal of Assets

Explanation:

(1) Revised in accordance with the Jin-Guan-Zheng-Fa Letter No. 1140383333.

(2) In accordance with the amendments to "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" issued by the FSC, dated July 24, 2025, the procedures for Acquisition and Disposal of Assets should be amended.

(3) For the comparison table of amendments to "procedures for Acquisition and Disposal of Assets", please see Appendix V.

Voting Result: 1,030,859,622 shares were represented at the time of voting.

941,181,533 shares voted for the proposal (of which 802,794,216 shares exercised via electronic transmission);

645,246 shares voted against the proposal (of which 645,246 shares exercised via electronic transmission).

89,032,843 shares abstain from voting (of which 88,896,272 shares exercised via electronic transmission), and 0 shares invalid from voting.

91.300649% of the shares were cast in favor of this proposal, which was more than 50% of the shares represented at the time of voting.

RESOLVED, that the above proposal was hereby approved as proposed.

E. Provisional Motions

(1) Shareholder Account No.90000003 – Speech Summary:

The shareholder inquired about the use of shareholders' personal data.

The above shareholder's remarks were answered at the meeting by the head of Compliance Department, as designated by the Chairman.

(2) Shareholder Account No.192575 – Speech Summary:

The shareholder asked how the company maintains shareholders' rights and interests.

The above shareholder's remarks were answered at the meeting by the President, as designated by the Chairman.

F. Meeting Adjourned (Time: 9:24 a.m.)

The AGM minutes only record the main points of the meeting. The proceedings, procedures, and shareholder comments are based on the audio-visual recording of the meeting.

2025 Business Report

APPENDIX I

[Macroeconomic Environment and Business Plan]

In 2025, the global financial markets continued to be influenced by major factors such as adjustments in monetary policies of key countries, shifts in U.S. policy directions, heightened geopolitical risks, and supply chain restructuring, resulting in significantly increased market volatility. Taiwan's capital market was primarily driven by the cyclical momentum of the AI industry, foreign capital flows, and exchange rate fluctuations. The Taiwan Weighted Index exhibited a volatile trend, rising by 5,928.5 points over the year to close at 28,963.60 points, representing a 25.74% increase. This reflects that despite intertwined risks and opportunities, the market still possesses structural growth potential. The Company's management team adheres to the core philosophy of "stable operations, controllable risks, and long-term value creation." In response to the ever-changing macroeconomic and financial environment, the team continuously reviews and optimizes overall operational strategies. Each business unit dynamically adjusts operational priorities according to market changes to enhance resource allocation efficiency and operational performance. At the same time, the Company continues to strengthen its overall risk management framework, utilizing real-time monitoring, quantitative analysis, and scenario testing to flexibly adjust investment and portfolio positions. By balancing risk control with capital efficiency, the Company aims to steadily generate long-term value for its shareholders.

[Implementation and Results]

In the brokerage business, the average daily trading volume in 2025 was NT$532.509 billion, slightly up 1.48% from NT$524.721 billion in 2024. Brokerage remains a long-term, stable core profit source for the Company. Guided by customer needs and user experience, the Company continuously promotes service refinement and product diversification, steadily expanding its client base. At the same time, it actively introduces digital financial services and intelligent trading tools to enhance transaction efficiency and client engagement. Combined with social media management and data-driven marketing strategies, these initiatives strengthen brand visibility and precise customer targeting, driving stable growth in market share and brokerage commission revenue, thereby laying a foundation for the long-term development of the brokerage business.

The proprietary investment team focuses on fundamental research and industry trend analysis, integrating data-driven investment decisions with risk management mechanisms. The team targets companies with competitive advantages and medium- to long-term growth potential, employing diversified hedging strategies to effectively manage market volatility risks and maintain portfolio stability and consistent returns. In the financial products business, the Company leverages its proprietary investment expertise and market insights to continuously develop innovative financial products that differentiate in the market and meet investor demand, offering diversified asset allocation options and further enhancing overall product competitiveness and revenue structure.

In 2025, the Company acted as lead or co-manager in a total of 52 underwriting deals, with a total underwriting amount of NT$8.437 billion. The Company focuses on enterprises with growth potential, industry competitiveness, and strong governance, combining forward-looking industry research with rigorous credit risk control to provide comprehensive services for listing and multi-channel fundraising. Through its professional underwriting team, venture platform resources, and data-driven deal selection process, the Company effectively controls underwriting risks while expanding quality deal flow, continuously injecting stable momentum into the Company's operations.

[Profitability Analysis and Operating Income/Expenditure in Budget Execution]

In 2025, leveraging its experienced management team and rigorous risk control mechanisms, the Company achieved annual revenue of NT$12.515 billion and net income after tax of NT$4.804 billion, with earnings per share of NT$3.00. Return on assets (ROA) was 3.33% and return on equity (ROE) was 12.88%, marking another strong year of profitability. Looking ahead to 2026, the Company will continue to accurately steer its operational direction, flexibly adjust business strategies and capital allocation to respond to market fluctuations, ensure stable growth in profit structure, achieve annual budget and performance targets, and continually enhance corporate value and shareholder returns.

[Future Operations]

Facing the global monetary policy trends, interest rate and inflation changes, geopolitical and trade policy adjustments, as well as opportunities and impacts brought by technological innovation and industry transformation in 2026, the Company will continue to leverage its professional team to seize market opportunities, carefully evaluate investment returns, and strictly enforce risk management to ensure long-term stable profitability. At the same time, the Company will strengthen resource integration and cross-departmental collaboration to enhance organizational efficiency, actively promote digital finance and low-carbon transformation, implement ESG principles and corporate social responsibility, and continuously refine its corporate governance system to create sustainable development value.

Chairman
LIN, KUAN-CHEN

President
YANG, KAI-CHIH

Chief Accounting Officer
AN, CHI-LI

APPENDIX II

PRESIDENT SECURITIES CORPORATION

Audit Committee's Review Report

To: The General Meeting of Shareholders as of year 2026

The Board of Directors has prepared the Company's 2025 Business Report, Financial Statements, and Earnings Distribution Plan. The financial statements have been audited and certified by Fang-Yu, Wang and Puo-Ju Kuo of PricewaterhouseCoopers Certified Public Accountants, who issued an auditors' report. The aforementioned Business Report, Financial Statements, and Earnings Distribution Plan have been reviewed and determined to be fairly presented as stated by the Audit Committee members. According to Article 14-4 of the Securities and Exchange Act and Article 219 of the Company Law, we hereby submit this report.

President Securities Corporation
Convener of Audit Committee:

March 16, 2026

APPENDIX III

INDEPENDENT AUDITORS' REPORT TRANSLATED FROM CHINESE

PWCR25003644

To the Board of Directors and Shareholders of President Securities Corporation

Opinion

We have audited the accompanying parent company only balance sheets of President Securities Corporation (the "Company") as at December 31, 2025 and 2024, and the related parent company only statements of comprehensive income, of changes in equity and of cash flows for the years then ended and notes to the parent company only financial statements, including a summary of material accounting policies.

In our opinion, based on our audits and the report of other auditors (please refer to the Other matter section), the accompanying parent company only financial statements present fairly, in all material respects, the parent company only financial position of the Company as at December 31, 2025 and 2024, and its parent company only financial performance and its parent company only cash flows for the years then ended in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Firms and Regulations Governing the Preparation of Financial Reports by Futures Commission Merchants.

Basis for opinion

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

Key audit matters

Key audit matters are those matters that, in our professional judgement, were of most significance in our audit of the Company’s 2025 parent company only financial statements. These matters were addressed in the context of our audit of the parent company only financial statements as a whole and, in forming our opinion thereon, we do not provide a separate opinion on these matters.

Key audit matter for the Company’s 2025 parent company only financial statements is stated as follows:

Fair value measurement of unlisted stocks without active market

Description

Please refer to Note 4(7) for the accounting policies on unlisted stocks without active market (shown as “financial assets at fair value through other comprehensive income”) and Note 5 for details of significant judgements, estimates and assumption uncertainty. As at December 31, 2025, the unlisted stocks without active market held by the Company totaled 476,383 thousand New Taiwan Dollars and were shown as “financial assets at fair value through other comprehensive income” (Level 3 fair value).

Due to the lack of an active market, the fair value of the unlisted stocks held by the Company was determined using the valuation method. Management commissioned experts to assist in measuring their fair value based on comparable listed companies using the market approach. The main assumption of market approach is calculated based on the latest related parameters of comparable listed companies in similar industries and considering discounts on market liquidity or risk particularity.

Above-mentioned estimation of fair value involves various assumptions and material unobservable inputs, which has high uncertainty and relies on the subjective judgment. Any changes in judgements and estimates may affect the ultimate result of accounting estimates and have an impact on the financial statements of the Company. Thus, we have included the fair value measurement of unlisted stocks without active market as a key audit matter in our audit.

How our audit addressed the matter

We performed the following audit procedures on the above key audit matter:

Obtained an understanding and assessed policy documents, internal control system, fair value measurement models and approval processes that are related to fair value measurement of unlisted stocks;
Ascertained whether the measurement methods used are commonly adopted in the industry;
Assessed the reasonableness of parameters used by similar companies;
Examined inputs and calculation formulas used in valuation methods and agreed such data to supporting documents.

Other matter – Reference to the audits of other auditors

We did not audit the financial statements of certain investments accounted for under the equity method which were audited by other auditors. Therefore, our opinion expressed herein, insofar as it relates to the amounts included in respect of these associates, is based solely on the report of the other auditors. As at December 31, 2025 and 2024, the balance of these investments accounted for under the equity method amounted to 2,638,949 thousand and 2,641,462 thousand New Taiwan Dollars, constituting 1.25% and 1.68% of the parent company only total assets, respectively. For the years ended December 31, 2025 and 2024, the comprehensive income (loss) recognized from associates and joint ventures accounted for under the equity method amounted to (12,642) thousand and (65,206) thousand New Taiwan Dollars, constituting (0.23%) and (1.26%) the parent company only total comprehensive income (loss), respectively.

Responsibilities of management and those charged with governance for the parent company only financial statements

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

In preparing the parent company only financial statements, management is responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless

management either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

Those charged with governance, including the audit committee, are responsible for overseeing the Company’s financial reporting process.

Auditors’ responsibilities for the audit of the parent company only financial statements

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

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

Identify and assess the risks of material misstatement of the parent company only financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
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 parent

company only financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors' report. However, future events or conditions may cause the Company to cease to continue as a going concern.

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

(Blank below)

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

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

From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the parent company only financial statements of the current period and are therefore the key audit matters. We describe these matters in our auditors’ report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.

Wang, Fang-Yu

Independent Auditors

Kuo, Puo-Ju

For and on behalf of PricewaterhouseCoopers, Taiwan

March 2, 2026

The accompanying parent company only financial statements are not intended to present the financial position and financial performance and cash flows in accordance with accounting principles generally accepted in countries and jurisdictions other than the Republic of China. The standards, procedures and practices in the Republic of China governing the audit of such financial statements may differ from those generally accepted in countries and jurisdictions other than the Republic of China. Accordingly, the accompanying parent company only financial statements and independent auditors’ report are not intended for use by those who are not informed about the accounting principles or auditing standards generally accepted in the Republic of China, and their applications in practice.

As the financial statements are the responsibility of the management, PricewaterhouseCoopers cannot accept any liability for the use of, or reliance on, the English translation or for any errors or misunderstandings that may derive from the translation.

PRESIDENT SELLERIES CORPORATION
PARENT COMPANY ONLY BALANCE SHEETS
DECEMBER 31, 2025 AND 2024
(Expressed in thousands of new Taiwan dollars)

Assets	Notes	December 31, 2025		December 31, 2024
		AMOUNT	%	AMOUNT	%
110000	Current assets
111100	Cash and cash equivalents	6(1)	$ 4,724,389	2	$ 5,019,258	3
112000	Financial assets at fair value through profit or loss - current	6(2)	88,010,951	42	60,843,659	39
113200	Financial assets at fair value through other comprehensive income - current	6(3)	9,344,789	5	4,495,890	3
114010	Bonds purchased under resale agreements	6(4)	122,203	-	-	-
114030	Margin loans receivable	6(5)	24,000,905	11	21,935,917	14
114040	Refinancing security deposits		907	-	6,647	-
114050	Receivables from refinance guaranty		748	-	5,513	-
114060	Receivable of securities business money lending	6(6)	21,733,143	10	18,600,130	12
114090	Receivables from security lending		437,369	-	402,885	-
114100	Security lending deposits		405,410	-	374,439	-
114110	Notes receivable		297	-	338	-
114130	Accounts receivable	6(7)	42,658,685	20	29,461,926	19
114140	Accounts receivable - related parties	6(7)	4,071	-	3,311	-
114150	Prepayments		57,067	-	32,810	-
114170	Other receivables	6(8)	16,462	-	18,039	-
114600	Current tax assets	6(49)	104,557	-	-	-
119000	Other current assets	6(9)	5,466,888	3	3,180,519	2
110000	Total current assets		197,088,841	93	144,381,281	92
120000	Non-current assets
122000	Financial assets at fair value through profit or loss - non-current	6(2)	49,841	-	51,171	-
123200	Financial assets at fair value through other comprehensive income - non-current	6(3)	476,383	-	412,862	-
124100	Investments accounted for under the equity method	6(12)	9,232,834	5	8,182,694	5
125000	Property and equipment, net	6(13)	2,499,415	1	2,462,308	2
125800	Right-of-use assets	6(14)	221,767	-	212,777	-
126000	Investment property	6(16)	181,308	-	182,731	-
127000	Intangible assets	6(17)	197,773	-	227,109	-
128000	Deferred tax assets	6(49)	173,020	-	131,659	-
129000	Other assets - non-current	6(18)	1,434,735	1	1,296,191	1
120000	Total non-current assets		14,467,076	7	13,159,502	8
906001	Total Assets		$ 211,555,917	100	$ 157,540,783	100

(Continued)

PRESIDENT SECURITIES CORPORATION
PARENT COMPANY ONLY BALANCE SHEETS
DECEMBER 31, 2023 AND 2024
(Expressed in thousands of New Taiwan dollars)

Liabilities and Equity	Notes	December 31, 2025		December 31, 2024
		AMOUNT	%	AMOUNT	%
210000	Current liabilities
211100	Short-term loans	6(19)	$ 8,090,110	4	$ 8,804,220	5
211200	Commercial papers payable	6(20)	42,004,630	20	32,969,815	21
212000	Financial liabilities at fair value through profit or loss - current	6(21)	17,913,603	9	13,535,710	9
214010	Bonds sold under repurchase agreements	6(22)	31,211,042	15	15,589,881	10
214040	Deposits on short sales		996,767	-	1,208,692	1
214050	Short sale proceeds payable		1,498,628	1	1,707,090	1
214070	Guarantee deposit received on borrowed securities		2,843,190	1	973,576	1
214090	Equity for each customer in the account		4,403,289	2	1,982,997	1
214130	Accounts payable	6(23)	41,638,107	20	27,431,166	17
214150	Advance receipts		13	-	1,658	-
214160	Collections on behalf of third parties		688,069	-	955,543	1
214170	Other payables	6(24)	2,951,388	1	2,636,299	2
214200	Other financial liabilities - current	6(25)	11,384,006	5	13,801,583	9
214600	Current tax liability	6(49)	72,259	-	277,983	-
216000	Current lease liabilities		71,705	-	67,716	-
219000	Other current liabilities		76,401	-	74,132	-
210000	Total current liabilities		165,843,207	78	122,018,061	78
220000	Non-current liabilities
221210	Long-term borrowings	6(26)	6,000,000	3	-	-
225100	Non-current provisions		24,033	-	15,585	-
226000	Non-current lease liabilities		143,485	-	143,956	-
228000	Deferred tax liability	6(49)	216,899	-	19,468	-
229000	Other liabilities - non-current	6(27)	25,675	-	54,808	-
220000	Total non-current liabilities		6,410,092	3	233,817	-
906003	Total Liabilities		172,253,299	81	122,251,878	78
301000	Capital
301010	Common stock	6(29)	16,014,145	8	14,558,313	9
302000	Capital reserve	6(29)	91,201	-	91,261	-
304000	Retained earnings	6(29)(30)
304010	Legal reserve		4,671,304	2	4,233,889	3
304020	Special reserve		10,677,898	5	9,803,068	6
304040	Unappropriated earnings		4,825,951	2	4,381,105	3
305000	Other equity interest		3,022,119	2	2,221,269	1
906004	Total equity		39,302,618	19	35,288,905	22
906002	Total liabilities and equity		$ 211,555,917	100	$ 157,540,783	100

Chairman
LIN, KUAN-CHEN
President
YANG, KAI-CHIH
Chief Accounting Officer
AN, CHI-LI
PARK SURE
The accompanying notes are an integral part of these parent company only financial statements.

PRESIDENT SECURITIES CORPORATION

PARENT COMPANY ONLY STATEMENT FOR COMPREHENSIVE INCOME

YEARS ENDED DECEMBER 31, 2025 AND 2024

(Expressed in thousands of New Jersey dollars, except earnings per share)

	Items	Notes	Year ended December 31
			2025		2024
			AMOUNT	%	AMOUNT	%
400000	Revenues
401000	Brokerage handling fee revenue	6(31)	$ 4,023,142	32	$ 3,810,592	32
404000	Revenues from underwriting business	6(32)	167,352	1	116,587	1
406000	Net gain (loss) on wealth management		79,338	1	80,191	1
410000	Net gain (loss) on sale of trading securities	6(33)	4,065,326	32	7,977,445	66
421100	Revenue from providing agency service for stock affairs		98,318	1	95,951	1
421200	Interest revenue	6(34)	2,582,824	21	2,221,737	19
421300	Dividend revenue		663,801	5	847,195	7
421500	Net valuation gain (loss) on operating securities at fair value through profit or loss	6(35)
			3,339,701	27 (	944,760) (	8)
421600	Net gain (loss) on covering of borrowed securities and bonds with resale agreements-short sales	6(36)
			(3,895,919) (	31) (	845,728) (	7)
421610	Net valuation gain (loss) on borrowed securities and bonds with resale agreements-short sales at fair value through profit or loss	6(37)
			(538,714) (	4)	149,246	1
421750	Net realized gain (loss) on financial liabilities measured at fair value through other comprehensive income	6(38)
			41,564	- (	63,620)	-
422000	Net gain (loss) on issuance of ETNs		(126,880) (	1) (	82,053) (	1)
422100	Administrative and handling fee revenues from issuance of ETNs		4,316	-	5,517	-
422200	Net gain (loss) from issuance of call (put) warrants	6(39)
			(498,258) (	4) (	65,805) (	1)
424100	Future commission revenue		35,262	-	35,610	-
424400	Net gain (loss) from derivatives	6(40)	2,193,564	18 (	2,306,359) (	19)
425300	Expected credit impairment loss and reversal of impairment gain	6(41)
			17,369	-	22,193	-
428000	Other operating income	6(42)	263,161	2	970,599	8
	Total revenue		12,515,267	100	12,024,538	100
500000	Expenditures and expenses
501000/
502000/
503000	Handling charges	6(43)	(607,712) (	5) (	577,434) (	5)
507000	ETNs administrative expenses		(6,931)	- (	9,030)	-
521200	Financial costs	6(44)	(1,683,159) (	13) (	1,516,836) (	12)
524200	Securities commission expense		(3,530)	- (	109)	-
524300	Expense of clearing and settlement		(22,193)	- (	24,769)	-
528000	Other operating expenditure		(1,614)	- (	6,678)	-
531000	Employee benefits expense	6(45)	(3,861,127) (	31) (	3,616,061) (	30)
532000	Depreciation and amortization	6(46)	(353,831) (	3) (	318,328) (	3)
533000	Other operating expense	6(47)	(2,243,293) (	18) (	2,170,821) (	18)
	Total expenditure and expense		(8,783,390) (	70) (	8,240,066) (	68)
	Operating profit		3,731,877	30	3,784,472	32
601100	Share of the profit or loss of associates and joint ventures accounted for under the equity method	6(12)
			1,145,257	9	772,602	6
602000	Other gains and losses	6(48)	269,884	2	243,115	2
902001	Profit before tax		5,147,018	41	4,800,189	40
701000	Income tax (expense) benefit	6(49)	(342,592) (	3) (	427,135) (	4)
902005	Net income		$ 4,804,426	38	$ 4,373,054	36

(Continued)

PRESIDENT SECRETARY OF OPERATION
PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME
YEARS ENDED DUE JANUARY 2024 AND 2024
(Expressed in thousands of New Taiwan dollars, except earnings per share)

	Items	Notes	Year ended December 31
			2025		2024
			AMOUNT	%	AMOUNT	%
	Other comprehensive income
	Components of other comprehensive income that will not be reclassified to profit or loss
805510	Gain (loss) on remeasurements of defined benefit plan		($4,959)	-	($7,490)	-
805540	Net unrealised gain (loss) from investments in equity instruments at fair value through other comprehensive income		520,122	4	443,412	4
805560	Other comprehensive income (loss) of subsidiaries, associates, and joint ventures accounted for under the equity method - not reclassified to profit or loss		199,271	2	197,476	2
805599	Income tax (expense) benefit relating to components of other comprehensive income that will not be reclassified to profit or loss		992	-	1,498	-
	Items may be reclassified to profit or loss subsequently
805610	Translation gain (loss) on the financial statements of foreign operating entities		(26,417)	-	156,716	1
805615	Net unrealised gain (loss) from investments in debt instruments at fair value through other comprehensive income		150,016	1	(3,556)	-
805699	Income tax related to components of other comprehensive income that will be reclassified to profit or loss		(28,264)	-	-	-
805000	Current other comprehensive income (loss) (post-tax)		$810,761	7	$788,056	7
902006	Total current comprehensive income (loss)		$5,615,187	45	$5,161,110	43
	Earnings per share	6(50)
975000	Basic earnings (loss) per share (in dollars)		$	3.00	$	2.73
985000	Diluted earnings (loss) per share (in dollars)		$	2.99	$	2.72

Chairman
LIN, KUAN-CHEN
President
YANG, KAI-CHIH
Chief Accounting Officer
AN, CHI-LI
The accompanying notes are an integral part of these parent company only financial statements.

PRESIDENT SECURITIES CORPORATION

PARENT COMPANY ONLY STATEMENTS OF CHANGES IN EQUITY

YEARS ENDED DECEMBER 31, 2025 AND 2024

(Expressed in thousands of 20,000 asian dollars)

			Retained Earnings			Other equity interest
	Notes	Common stock	Capital reserve	Legal reserve	Special reserve	Unappropriated earnings	Exchange differences on translation of foreign financial statements	Unrealised gains (losses) on financial assets measured at fair value through other comprehensive income
For the year ended December 31, 2024
Balance at January 1, 2024		$ 14,558,313	$ 91,261	$ 3,959,127	$ 9,253,546	$ 2,752,936	$ 43,973	$ 1,390,336
Net income for the year		-	-	-	-	4,373,054	-	-
Other comprehensive income (loss) for the year		-	-	-	-	1,096	156,716	630,244
Total comprehensive income (loss)		-	-	-	-	4,374,150	156,716	630,244
Appropriations of 2023 earnings	6(30)
Legal reserve		-	-	274,762	-	( 274,762 )	-	-
Special reserve		-	-	-	549,522	( 549,522 )	-	-
Cash dividends		-	-	-	-	( 1,921,697 )	-	( 1,921,697 )
Balance at December 31, 2024		$ 14,558,313	$ 91,261	$ 4,233,889	$ 9,803,068	$ 4,381,105	$ 200,689	$ 2,020,580
For the year ended December 31, 2025
Balance at January 1, 2025		$ 14,558,313	$ 91,261	$ 4,233,889	$ 9,803,068	$ 4,381,105	$ 200,689	$ 2,020,580
Net income for the year		-	-	-	-	4,804,426	-	-
Other comprehensive income (loss) for the year		-	-	-	-	( 3,097 )	( 26,417 )	840,275
Total comprehensive income (loss)		-	-	-	-	4,801,329	( 26,417 )	840,275
Appropriations of 2024 earnings	6(30)
Legal reserve		-	-	437,415	-	( 437,415 )	-	-
Special reserve		-	-	-	874,830	( 874,830 )	-	-
Cash dividends		-	-	-	-	( 1,601,414 )	-	( 1,601,414 )
Stock dividends		1,455,832	-	-	-	( 1,455,832 )	-	-
Changes in ownership interest in subsidiaries		-	( 60 )	-	-	8,761	-	( 8,761 )
Disposal of equity instruments at fair value through other comprehensive income		-	-	-	-	4,247	-	( 4,247 )
Balance at December 31, 2025		$ 16,014,145	$ 91,201	$ 4,671,304	$ 10,677,898	$ 4,825,951	$ 174,272	$ 2,847,847

Chairman
LIN, KUAN-CHEN

President
YANG, KAI-CHIH

Chief Accounting Officer
AN, CHI-LI

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

PRESIDENT SECURITIES CORPORATION
PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS
YEARS ENDED DECEMBER 31, 2025 AND 2024
(Expressed in thousands of A&A Taiwan dollars)

	Notes	Year ended December 31
		2025	2024
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before tax		$ 5,147,018	$ 4,800,189
Adjustments
Adjustments to reconcile profit (loss)
Net valuation (gain) loss on operating securities at fair value through profit or loss	6(2)(35)	( 3,339,701 )	944,760
Net valuation (gain) loss on borrowed securities and bonds with resale agreements-short sales at fair value through profit or loss	6(37)	538,714	( 149,246 )
Expected credit impairment loss and reversal of impairment gain	6(41)	( 13,916 )	( 15,150 )
Depreciation	6(46)	261,320	233,449
Amortization	6(46)	92,511	84,879
Financial expense	6(44)	1,683,159	1,516,836
Interest income (include financial income)	6(34)(48)	( 2,682,204 )	( 2,301,131 )
Dividend income		( 677,258 )	( 860,463 )
Share of profit of subsidiaries, associates and joint ventures accounted for under the equity method	6(12)	( 1,145,257 )	( 772,602 )
(Gain) loss on disposal of property and equipment	6(13)	322	-
(Gain) loss from lease modification		( 31 )	( 51 )
(Gain) loss on valuation of non-operating financial instruments	6(48)	( 12,934 )	13,669
Changes in operating assets and liabilities
Changes in operating assets
Financial assets at fair value through profit or loss		( 23,810,903 )	( 8,604,183 )
Financial assets at fair value through other comprehensive income		( 4,384,234 )	( 882,770 )
Bonds purchased under resale agreements		( 122,203 )	-
Margin loans receivable		( 2,051,561 )	( 4,521,636 )
Refinancing security deposits		5,740	( 4,665 )
Receivables from refinance guaranty		4,765	( 4,037 )
Receivable of securities business money lending		( 3,133,392 )	( 9,352,961 )
Receivables from security lending		( 34,484 )	48,512
Security lending deposits		( 30,971 )	101,266
Notes receivable		41	1,137
Accounts receivable		( 13,247,453 )	( 9,998,944 )
Accounts receivable - related parties		( 760 )	885
Prepayments		( 24,257 )	11,437
Other receivables		1,050	1,289
Other current assets		( 2,286,369 )	( 1,446,527 )
Changes in operating liabilities
Financial liabilities at fair value through profit or loss		3,839,179	3,221,128
Bonds sold under repurchase agreements		15,621,161	( 3,550,625 )
Deposits on short sales		( 211,925 )	287,599
Short sale proceeds payable		( 208,462 )	543,586
Guarantee deposit received on borrowed securities		1,869,614	( 658,432 )
Equity for each customer in the account		2,420,292	1,122,787
Accounts payable		14,174,282	10,372,715
Advance receipts		( 1,645 )	1,537
Collections on behalf of third parties		( 267,474 )	342,646
Other payable		303,297	557,348
Other financial liabilities - current		( 2,417,577 )	8,577,564
Other current liabilities		2,269	( 2,075 )

(Continued)

PRESIDENT SEQUENTIES CORPORATION

PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS

YEARS ENDED DECEMBER 31, 2025 AND 2024

(Expressed in thousands of New Taiwan dollars)

	Notes	Year ended December 31
		2025	2024
Cash outflow generated from operations		($ 14,140,237)	($ 10,340,280)
Interest received		2,703,153	1,948,793
Dividends received		1,400,501	1,329,522
Income tax paid		( 524,075)	( 381,393)
Net cash flows used in operating activities		( 10,560,658)	( 7,443,358)
CASH FLOWS FROM INVESTING ACTIVITIES
Investments accounted for under the equity method	6(12)	( 453,706)	-
Acquisition of property and equipment	6(13)	( 101,826)	( 85,410)
Acquisition of intangible assets	6(17)	( 13,444)	( 18,252)
(Increase) decrease in other non-current assets		( 166,659)	( 276,220)
Increase in prepayment for equipment		( 141,454)	( 153,423)
Net cash flows used in investing activities		( 877,089)	( 533,305)
CASH FLOWS FROM FINANCING ACTIVITIES
Increase (decrease) in short-term loans		( 714,110)	1,859,461
Increase (decrease) in commercial papers payable		9,040,000	11,860,000
Proceeds from long-term borrowings		6,000,000	-
Increase (decrease) in other non-current liabilities		( 30,420)	( 33,828)
Payments of lease liabilities		( 76,479)	( 71,334)
Interest paid		( 1,590,648)	( 1,561,249)
Distribution of cash dividends	6(30)	( 1,601,414)	( 1,921,697)
Net cash flows from financing activities		11,026,929	10,131,353
Effect of exchange rate changes		115,949	( 193,072)
Net (decrease) increase in cash and cash equivalents		( 294,869)	1,961,618
Cash and cash equivalents at beginning of year		5,019,258	3,057,640
Cash and cash equivalents at end of year		$ 4,724,389	$ 5,019,258

Chairman
LIN, KUAN-CHEN

President
YANG, KAI-CHIH

Chief Accounting Officer
AN, CHI-LI

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

INDEPENDENT AUDITORS' REPORT TRANSLATED FROM CHINESE

PWCR25003646

To the Board of Directors and Shareholders of PRESIDENT SECURITIES CORPORATION

Opinion

We have audited the accompanying consolidated balance sheets of President Securities Corporation and subsidiaries (the "Group") as at December 31, 2025 and 2024, and the related consolidated statements of comprehensive income, of changes in equity and of cash flows for the years then ended, and notes to the consolidated financial statements, including a summary of material accounting policies.

In our opinion, based on our audits and the report of other auditors (please refer to the Other matter section), the accompanying consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Group as at December 31, 2025 and 2024, and its consolidated financial performance and its consolidated cash flows for the years then ended in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Firms, and Regulations Governing the Preparation of Financial Reports by Futures Commission Merchants, and the International Financial Reporting Standards, International Accounting Standards, IFRIC Interpretations, and SIC Interpretations that came into effect as endorsed by the Financial Supervisory Commission.

Basis for Opinion

We conducted our audits in accordance with the Regulations Governing Financial Statement Audit and Attestation Engagements of Certified Public Accountants and Standards on Auditing of the Republic of China. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the consolidated financial statements section of our report. We are independent of the Group 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 judgement, were of most significance in our audit of the Group’s 2025 consolidated financial statements. These matters were addressed in the context of our audit of the consolidated financial statements as a whole and, in forming our opinion thereon, we do not provide a separate opinion on these matters.

Key audit matter for the Group’s 2025 consolidated financial statements is stated as follows:

Fair value measurement of unlisted stocks without active market

Description

Please refer to Note 4(8) for the accounting policies on unlisted equity investments without active market (classified as “financial assets at fair value through other comprehensive income”) and Note 5 for details of critical accounting judgements, estimates and assumption uncertainty. As at December 31, 2025, the unlisted stocks without active market held by the Group totaled 1,704,002 thousand New Taiwan Dollars and were shown as “financial assets at fair value through other comprehensive income” (Level 3 fair value).

Due to the lack of active market for these unlisted stocks held by the Group was determined using the valuation method. Management commissioned experts to assist in measuring their fair value based on comparable listed companies using the market approach. The main assumptions of the market approach are calculated based on the latest related parameters of comparable listed companies in similar industries and considering discounts on market liquidity or assessment of risk.

Above-mentioned estimation of fair value involves various assumptions and material unobservable inputs, which has high uncertainty and subjective judgement. Any changes in judgements and estimates may affect the ultimate result of accounting estimates and have an impact on the financial statements of the Group. Thus, we have included the fair value measurement of unlisted stocks without active market as a key audit matter in our audit.

How our audit addressed the matter

We performed the following audit procedures on the above key audit matter:

Obtained an understanding and assessed policy documents, internal control system, fair

value measurement models and approval processes that are related to fair value measurement of unlisted stocks;

Ascertained whether the measurement methods used are commonly adopted in the industry;
Assessed the reasonableness of parameters used by similar companies;
Examined inputs and calculation formulas used in valuation models and agreed such data to supporting documents.

Other matter – Reference to the audits of other auditors

We did not audit the financial statements of certain investments accounted for under the equity method which were audited by other auditors. Therefore, our opinion expressed herein, insofar as it relates to the amounts included in respect of these associates, is based solely on the report of the other auditors. As at December 31, 2025 and 2024, the balance of these investments accounted for under the equity method amounted to 2,638,949 thousand and 2,641,462 thousand New Taiwan Dollars, constituting 1.06% and 1.37% of consolidated total assets, respectively. For the years ended December 31, 2025 and 2024, the consolidated comprehensive income (loss) recognized from associates and joint ventures accounted for under the equity method amounted to (12,642) thousand and (65,206) thousand New Taiwan Dollars, constituting (0.22%) and (1.26%) of consolidated total comprehensive income (loss), respectively.

Other matter – Parent company only financial reports

We have audited and expressed an unmodified opinion on the parent company only financial statements of President Securities Corporation, as at and for the years ended December 31, 2025 and 2024

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 Firms, Regulations Governing the Preparation of Financial Reports by Futures Commission Merchants, and the International Financial Reporting

Standards, International Accounting Standards, IFRIC Interpretations, and SIC Interpretations that came into effect as endorsed by the Financial Supervisory Commission, and for such internal control as management determines is necessary to enable the preparation of consolidated financial statement that are free from material misstatement, whether due to fraud or error.

In preparing the consolidated financial statements, management is responsible for assessing the Group’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 Group or to cease operations, or has no realistic alternative but to do so.

Those charged with governance, including the audit committee, are responsible for overseeing the Group’s financial reporting process.

Auditors’ responsibilities for the audit of the consolidated financial statements

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

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

Identify and assess the risks of material misstatement of the consolidated financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from

fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

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 Group’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 Group’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 Group 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 Group to express an opinion on the consolidated financial statements. We are responsible for the direction, supervision and performance of the group audit. We remain solely responsible for our audit opinion.

and where applicable, related safeguards.

From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the consolidated financial statements of the current period and are therefore the key audit matters. We describe these matters in our auditors' report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.

Wang, Fang-Yu

Independent Auditors

Kuo, Puo-Ju

For and on behalf of PricewaterhouseCoopers, Taiwan

March 2, 2026

The accompanying consolidated financial statements are not intended to present the financial position and financial performance and cash flows in accordance with accounting principles generally accepted in countries and jurisdictions other than the Republic of China. The standards, procedures and practices in the Republic of China governing the audit of such financial statements may differ from those generally accepted in countries and jurisdictions other than the Republic of China. Accordingly, the accompanying consolidated financial statements and independent auditors' report are not intended for use by those who are not informed about the accounting principles or auditing standards generally accepted in the Republic of China, and their applications in practice.

PRESIDENT SECURITIES CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
DECEMBER 31, 2025 AND 2024
(Expressed in thousands of New Taiwan dollars)

Assets	Notes	December 31, 2025		December 31, 2024
		AMOUNT	%	AMOUNT	%
110000	Current assets
111100	Cash and cash equivalents	6(1)	$ 8,164,819	3	$ 7,720,139	4
112000	Financial assets at fair value through profit or loss - current	6(2)	88,638,987	36	61,405,082	32
113200	Financial assets at fair value through other comprehensive income - current	6(3)	9,344,789	4	4,495,890	2
114010	Bonds purchased under resale agreements	6(4)	122,203	-	-	-
114030	Margin loans receivable	6(5)	24,000,905	10	21,935,917	11
114040	Refinancing security deposits		907	-	6,647	-
114050	Receivables from refinance guaranty		748	-	5,513	-
114060	Receivable of securities business money lending	6(6)	21,733,143	9	18,600,130	10
114070	Customer margin account	6(7)	37,689,968	15	35,545,540	19
114090	Receivables from security lending		437,369	-	402,885	-
114100	Security lending deposits		405,410	-	374,439	-
114110	Notes receivable		297	-	338	-
114130	Accounts receivable	6(8)	42,682,413	17	29,482,722	15
114140	Accounts receivable-related parties	6(8)	398	-	944	-
114150	Prepayments		62,032	-	37,168	-
114170	Other receivables	6(9)	114,659	-	100,882	-
114600	Current tax assets		104,790	-	190	-
119000	Other current assets	6(10)	5,464,151	2	3,170,687	2
110000	Total current assets		238,967,988	96	183,285,113	95
120000	Non-current assets
122000	Financial assets at fair value through profit or loss - non-current	6(2)	112,341	-	117,671	-
123200	Financial assets at fair value through other comprehensive income - non-current	6(3)	1,704,002	1	1,452,561	1
124100	Investments accounted for under the equity method	6(13)	3,751,462	1	3,611,621	2
125000	Property and equipment, net	6(14)	2,682,159	1	2,641,569	1
125800	Right-of-use assets	6(15)	227,873	-	222,677	-
126000	Investment property	6(17)	181,308	-	182,731	-
127000	Intangible assets	6(18)	270,736	-	290,626	-
128000	Deferred tax assets	6(50)	175,689	-	132,712	-
129000	Other assets - non-current	6(19)	1,702,073	1	1,535,916	1
120000	Total non-current assets		10,807,643	4	10,188,084	5
906001	Total Assets		$ 249,775,631	100	$ 193,473,197	100

(Continued)

PRESIDENT SECURITIES CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
DECEMBER 31, 2024 AND 2024
(Expressed in thousands of New Taiwan dollars)

Liabilities and Equity	Notes	December 31, 2025		December 31, 2024
		AMOUNT	%	AMOUNT	%
210000	Current liabilities
211100	Short-term loans	6(20)	$ 8,090,110	3	$ 8,804,220	5
211200	Commercial papers payable	6(21)	42,004,630	17	32,969,815	17
212000	Financial liabilities at fair value through profit or loss - current	6(22)	17,913,603	7	13,536,538	7
214010	Bonds sold under repurchase agreements	6(23)	31,211,042	13	15,589,881	8
214040	Deposits on short sales		996,767	-	1,208,692	1
214050	Short sale proceeds payable		1,498,628	1	1,707,090	1
214070	Guarantee deposit received on borrowed securities		2,843,190	1	973,576	1
214080	Futures traders' equity	6(7)	37,649,807	15	35,522,374	18
214090	Equity for each customer in the account		4,400,185	2	1,973,140	1
214130	Accounts payable	6(24)	41,691,197	17	27,475,583	14
214150	Advance receipts		2,267	-	3,682	-
214160	Collections on behalf of third parties		695,737	-	957,998	1
214170	Other payables	6(25)	3,215,298	1	2,858,854	1
214200	Other financial liabilities - current	6(26)	11,384,006	5	13,801,583	7
214600	Current tax liability		104,860	-	310,465	-
216000	Current lease liabilities		74,163	-	72,104	-
219000	Other current liabilities		120,139	-	89,371	-
210000	Total current liabilities		203,895,629	82	157,854,966	82
220000	Non-current liabilities
221200	Long-term loans	6(27)	6,000,000	2	-	-
225100	Non-current provisions		24,033	-	15,585	-
226000	Non-current lease liabilities		147,228	-	149,590	-
228000	Deferred tax liabilities	6(50)	226,227	-	21,235	-
229000	Other liabilities-non-current	6(28)	8,971	-	38,219	-
220000	Total non-current liabilities		6,406,459	2	224,629	-
906003	Total Liabilities		210,302,088	84	158,079,595	82
300000	Equity attributable to owners of the parent company
301000	Capital
301010	Common stock	6(30)	16,014,145	7	14,558,313	8
302000	Capital reserve	6(30)	91,201	-	91,261	-
304000	Retained earnings	6(30)(31)
304010	Legal reserve		4,671,304	2	4,233,889	2
304020	Special reserve		10,677,898	4	9,803,068	5
304040	Unappropriated earnings		4,825,951	2	4,381,105	2
305000	Other equity interest		3,022,119	1	2,221,269	1
300000	Total		39,302,618	16	35,288,905	18
306000	Non-controlling interests		170,925	-	104,697	-
906004	Total Equity		39,473,543	16	35,393,602	18
906002	Total liabilities and equity		$ 249,775,631	100	$ 193,473,197	100

Chairman
LIN, KUAN-CHEN
President
YANG, KAI-CHIH
Chief Accounting Officer
AN, CHI-LI
The accompanying notes are an integral part of these consolidated financial statements.

PRESIDENT SECURITIES CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
YEARS ENDED DECEMBER 31, 2025 AND 2024
(Expressed in thousands of New Taiwan dollars, except earnings per share amounts)

	Items	Notes	Year ended December 31
			2025		2024
			AMOUNT	%	AMOUNT	%
400000	Revenues
401000	Brokerage handling fee revenue	6(32)	$ 4,757,564	35	$ 4,599,154	35
404000	Revenues from underwriting business	6(33)	167,352	1	116,587	1
406000	Net gain (loss) on wealth management		79,338	1	80,191	1
410000	Net gain (loss) on sale of operating securities	6(34)	4,063,663	30	7,977,536	61
421100	Revenue from providing agency service for stock affairs		98,246	1	95,883	1
421200	Interest income	6(35)	2,582,824	19	2,221,739	17
421300	Dividend income		668,447	5	848,754	7
421500	Net valuation gain (loss) on operating securities at fair value through profit or loss	6(36)	3,354,700	25 (	931,859) (	7)
421600	Net gain (loss) on covering of borrowed securities and bonds with resale agreements-short sales	6(37)	(	3,895,919) (	29) (	845,728) (
421610	Net valuation gain (loss) on borrowed securities and bonds with resale agreements-short sales at fair value through profit or loss	6(38)	(	538,714) (	4)	149,246
421750	Net realized gain (loss) on financial liabilities measured at fair value through other comprehensive income	6(39)	41,564	- (	63,620)	-
422000	Net gain (loss) on issuance of ETNs		(	126,880) (	1) (	82,053) (
422100	Administrative and handling fee revenues from issuance of ETNs		4,316	-	5,517	-
422200	Net gain (loss) from issuance of call (put) warrants	6(40)	(	498,258) (	4) (	65,805) (
424400	Net gain (loss) from derivatives	6(41)	2,165,513	16 (	2,289,337) (	18)
425300	Expected credit impairment loss and reversal of impairment gain	6(42)	17,369	-	22,193	-
428000	Other operating income	6(43)	600,180	5	1,191,583	9
	Total revenues		13,541,305	100	13,029,981	100
500000	Expenditures and expenses
501000/
502000/
503000	Handling charges	6(44)	(	756,919) (	6) (	752,215) (
507000	ETNs administrative expenses		(	6,931)	- (	9,030)
521200	Financial costs	6(45)	(	1,802,595) (	13) (	1,605,888) (
524100	Futures commission expense		(	103,922) (	1) (	91,717) (
524300	Expense of clearing and settlement		(	121,672) (	1) (	141,030) (
528000	Other operating expenditure		(	1,614)	- (	6,678)
531000	Employee benefits expense	6(46)	(	4,317,685) (	32) (	4,039,076) (
532000	Depreciation and amortization	6(47)	(	391,024) (	3) (	354,592) (
533000	Other operating expenses	6(48)	(	2,458,826) (	18) (	2,368,317) (
	Total expenditures and expenses		(	9,961,188) (	74) (	9,368,543) (

(Continued)

Items	Notes	Year ended December 31
		2025		2024
		AMOUNT	%	AMOUNT	%
Operating profit		$ 3,580,117	26	$ 3,661,438	28
Share of the profit or loss of associates and joint ventures accounted for under the equity method	6(13)
		488,676	4	305,992	2
Other gains and losses	6(49)	1,251,242	9	962,096	8
Profit before tax		5,320,035	39	4,929,526	38
Income tax (expense) benefit	6(50)	( 494,257)	( 3)	( 542,734)	( 4)
Net income		$ 4,825,778	36	$ 4,386,792	34
Other comprehensive income
Components of other comprehensive income that will not be reclassified to profit or loss
Gain (loss) on remeasurements of defined benefit plans		($ 673)	-	($ 3,202)	-
Net unrealized gain (loss) from investments in equity instruments at fair value through other comprehensive income		708,041	5	622,271	5
Other comprehensive gain (loss) of associates and joint ventures accounted for under the equity method		15,891	-	21,148	-
Income tax (expense) benefit relating to components of other comprehensive income	6(50)	135	-	641	-
Items may be reclassified to profit of loss subsequently
Translation gain (loss) on the financial statements of foreign operating entities		( 26,417)	-	156,716	1
Net unrealized gain (loss) from investments in debt instruments at fair value through other comprehensive income		150,016	1	( 3,556)	-
Income tax related to items that may be reclassified subsequently to profit or loss		( 28,264)	-	-	-
Current other comprehensive income (loss) (post-tax)		$ 818,729	6	$ 794,018	6
Total current comprehensive income		$ 5,644,507	42	$ 5,180,810	40
Income attributable to:
Parent company		$ 4,804,426	36	$ 4,373,054	34
Non-controlling interests		$ 21,352	-	$ 13,738	-
Current comprehensive income (loss) attributable to:
Parent company		$ 5,615,187	42	$ 5,161,110	40
Non-controlling interests		$ 29,320	-	$ 19,700	-
Earnings per share	6(51)
Basic earnings per share (in dollars)		$	3.00	$	2.73
Diluted earnings per share (in dollars)		$	2.99	$	2.72

Chairman
LIN, KUAN-CHEN
President
YANG, KAI-CHIH
Chief Accounting Officer
AN, CHI-LI
The accompanying notes are an integral part of these consolidated financial statements.

PRESIDENT SECURITIES LABORATORIES AND SUBSIDIARIES
CONSOLIDATED STATEMENTS AND CHANGES IN EQUITY
YEARS ENDED DEC 25TH 07:31:2024 AND 2024
(Expressed in thousands (millions) for a an dollars)

Equity attributable to owners of the parent

	Notes	Common stock	Capital reserve	Legal reserve	Special reserve	Unappropriated earnings	Exchange differences on translation of foreign financial statements	Unrealised gain or loss on financial assets measured at fair value through other comprehensive income	Total	Non-controlling interests	Total equity
For the year ended December 31, 2024
Balance at January 1, 2024		$ 14,558,313	$ 91,261	$ 3,959,127	$ 9,253,546	$ 2,752,936	$ 43,973	$ 1,390,336	$ 32,049,492	$ 92,616	$ 32,142,108
Net income for the year		-	-	-	-	4,373,054	-	-	4,373,054	13,738	4,386,792
Other comprehensive income (loss) for the year		-	-	-	-	1,096	156,716	630,244	788,056	5,962	794,018
Total comprehensive income (loss)		-	-	-	-	4,374,150	156,716	630,244	5,161,110	19,700	5,180,810
Appropriations of 2023 earnings:	6(31)
Legal reserve		-	-	274,762	-	( 274,762 )	-	-	-	-	-
Special reserve		-	-	-	549,522	( 549,522 )	-	-	-	-	-
Cash dividends		-	-	-	-	( 1,921,697 )	-	-	( 1,921,697 )	-	( 1,921,697 )
Changes in non-controlling interests		-	-	-	-	-	-	-	-	( 7,619 )	( 7,619 )
Balance at December 31, 2024		$ 14,558,313	$ 91,261	$ 4,233,889	$ 9,803,068	$ 4,381,105	$ 200,689	$ 2,020,580	$ 35,288,905	$ 104,697	$ 35,393,602
For the year ended December 31, 2025
Balance at January 1, 2025		$ 14,558,313	$ 91,261	$ 4,233,889	$ 9,803,068	$ 4,381,105	$ 200,689	$ 2,020,580	$ 35,288,905	$ 104,697	$ 35,393,602
Net income for the year		-	-	-	-	4,804,426	-	-	4,804,426	21,352	4,825,778
Other comprehensive income (loss) for the year		-	-	-	-	( 3,097 )	( 26,417 )	840,275	810,761	7,968	818,729
Total comprehensive income (loss)		-	-	-	-	4,801,329	( 26,417 )	840,275	5,615,187	29,320	5,644,507
Appropriations of 2024 earnings:	6(31)
Legal reserve		-	-	437,415	-	( 437,415 )	-	-	-	-	-
Special reserve		-	-	-	874,830	( 874,830 )	-	-	-	-	-
Cash dividends		-	-	-	-	( 1,601,414 )	-	-	( 1,601,414 )	-	( 1,601,414 )
Stock dividends		1,455,832	-	-	-	( 1,455,832 )	-	-	-	-	-
Changes in ownership interests in subsidiaries		-	( 60 )	-	-	8,761	-	( 8,761 )	( 60 )	60	-
Changes in non-controlling interests		-	-	-	-	-	-	-	-	36,848	36,848
Disposal of equity instruments at fair value through other comprehensive income		-	-	-	-	4,247	-	( 4,247 )	-	-	-
Balance at December 31, 2025		$ 16,014,145	$ 91,201	$ 4,671,304	$ 10,677,898	$ 4,825,951	$ 174,272	$ 2,847,847	$ 39,302,618	$ 170,925	$ 39,473,543

Chairman
LIN, KUAN-CHEN
President
YANG, KAI-CHIH
Chief Accounting Officer
AN, CHI-LI
The accompanying notes are an integral part of these consolidated financial statements.

PRESIDENT SECURITIES CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATE OF STATE CASH FLOWS
YEARS ENDED DECEMBER 31, 2025 AND 2024
(Expressed in thousands of New Taiwan dollars)

	Notes	Year ended December 31
		2025	2024
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before tax		$ 5,320,035	$ 4,929,526
Adjustments
Income and expenses having no effect on cash flows
Net valuation (gain) loss on operating securities at fair value through profit or loss	6(2)(36)	( 3,354,700 )	931,859
Net valuation (gain) loss on borrowed securities and bonds with resale agreements-short sales at fair value through profit or loss	6(38)
Expected impairment loss and reversal of impairment gain	6(42)	( 13,916 )	( 15,150 )
Depreciation	6(47)	282,505	254,774
Amortization	6(47)	108,519	99,818
Financial expense	6(45)	1,802,595	1,605,888
Interest income (include financial income)	6(35)(49)	( 3,587,010 )	( 2,988,166 )
Dividend income		( 706,891 )	( 878,803 )
Share of the profit of associates and joint ventures accounted for under the equity method	6(13)	( 488,676 )	( 305,992 )
(Gain) loss on disposal of property and equipment	6(14)	328	37
(Gain) loss from lease modification		( 31 )	( 52 )
(Gain) loss on valuation of non-operating financial instrument	6(49)	( 55,426 )	16,261
Changes in assets/liabilities relating to operating activities
Changes in operating assets
Financial assets at fair value through profit or loss		( 23,816,025 )	( 8,651,028 )
Financial assets at fair value through other comprehensive income		( 4,384,234 )	( 882,770 )
Bonds purchased under resale agreements		( 122,203 )	-
Margin loans receivable		( 2,051,561 )	( 4,521,636 )
Refinancing security deposits		5,740	( 4,665 )
Receivables from refinance guaranty		4,765	( 4,037 )
Receivable of securities business money lending		( 3,133,392 )	( 9,352,961 )
Customer margin account		( 2,144,428 )	( 15,019,423 )
Receivables from security lending		( 34,484 )	48,512
Security lending deposits		( 30,971 )	101,266
Notes receivable		41	1,137
Accounts receivable		( 13,250,385 )	( 10,007,998 )
Accounts receivable-related parties		546	247
Prepayments		( 24,864 )	12,378
Other receivables		( 15,773 )	188
Other current assets		( 2,293,464 )	( 1,444,815 )
Net changes in liabilities relating to operating activities
Financial liabilities at fair value through profit or loss		3,838,351	3,214,472
Bonds sold under repurchase agreements		15,621,161	( 3,550,625 )
Deposits on short sales		( 211,925 )	287,599
Short sale proceeds payable		( 208,462 )	543,586
Guarantee deposit received on borrowed securities		1,869,614	( 658,432 )
Futures traders' equity		2,127,433	15,024,480
Equity for each customer in the account		2,427,045	1,121,057
Accounts payable		14,182,955	10,381,314
Advance receipts		( 1,415 )	40
Collections on behalf of third parties		( 262,261 )	343,618
Other payables		345,936	599,628
Other financial liabilities - current		( 2,417,577 )	8,577,564
Other current liabilities		30,768	5,316

(Continued)

PRESIDENT SECURITIES FOR PRELIMINARY AND SUBSIDIARIES

CONSOLIDATED ATTITUDES OVER CASH FLOWS

YEARS ENDED DECEMBER 31, 2025 AND 2024

(Expressed in thousands of New Taiwan dollars)

	Notes	Year ended December 31
		2025	2024
Cash outflow generated from operations		($ 14,103,023)	($ 10,335,234)
Interest received		3,609,407	2,614,266
Dividends received		1,085,157	1,083,695
Income tax paid		( 670,576)	( 496,993)
Net cash flows used in operating activities		( 10,079,035)	( 7,134,266)
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition of property and equipment	6(14)	( 117,566)	( 95,234)
Acquisition of intangible assets	6(18)	( 33,620)	( 27,915)
(Increase) decrease in other non-current assets		( 189,906)	( 269,301)
Increase in prepayment for equipment		( 151,370)	( 161,051)
Net cash flows used in investing activities		( 492,462)	( 553,501)
CASH FLOWS FROM FINANCING ACTIVITIES
Increase (decrease) in short-term loans		( 714,110)	1,859,461
Increase (decrease) in commercial papers payable		9,040,000	11,860,000
Proceeds from long-term borrowings		6,000,000	-
Increase (decrease) in other non-current liabilities		( 30,535)	( 33,760)
Payments of lease liabilities		( 80,879)	( 75,678)
Interest paid		( 1,711,347)	( 1,650,472)
Distribution of cash dividends		( 1,601,414)	( 1,921,697)
Changes in non-controlling interest		36,848	( 7,619)
Net cash flows from financing activities		10,938,563	10,030,235
Effect of exchange rate changes		77,614	( 132,307)
Net increase in cash and cash equivalents		444,680	2,210,161
Cash and cash equivalents at beginning of year		7,720,139	5,509,978
Cash and cash equivalents at end of year		$ 8,164,819	$ 7,720,139

Chairman

LIN, KUAN-CHEN

President

YANG, KAI-CHIH

Chief Accounting Officer

AN, CHI-LI

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

APPENDIX IV

President Securities Corporation

2025 Earnings Distribution Proposal

Unit: NT$

Unappropriated earnings as of January 1, 2025 (Note 1)	$11,613,938
Add(Less) : Due to remeasurement of defined benefits plan	(3,097,270)
Add(Less) : Changes in ownership interests in subsidiaries	8,761,084
Add(Less) : Realized gain from investments in equity instruments at fair value through other comprehensive income of 2025	4,247,320
Add(Less) : Net profit after tax of 2025	4,804,426,479
Subtotal	4,825,951,551

Less : Legal Reserve (Note 2)	(481,433,761)
Special Reserve (Note 3)	(962,867,523)
Unappropriated earnings Available for Distribution	3,381,650,267
Distribution items
– Cash dividend (NT$ 2.11 / per share)	3,378,984,549

Unappropriated earnings as of December 31, 2025	$2,665,718

Note 1: The amount of unappropriated earnings in the earning distributions resolved by the shareholders' meeting of 2025
Note 2: According to Article 237 of the Company Act, Jingshan Letter No.10802432410 and Article 23-1 of the Company's Article of Incorporation, 10% were set aside as legal reserve.
Note 3: According to Article 14 of Regulations Governing Securities Firms, and Article 23-1 of the Company's Article of Incorporation, 20% were set aside as special reserve.
Note 4: Prior years' unappropriated earnings shall not be appropriated unless the current year's unappropriated earnings is insufficient for distribution.
Note 5: Total common shares outstanding as of December 31, 2025 was 1,601,414,478 shares.

Chairman
LIN, KUAN-CHEN
[QR Code]
President
YANG, KAI-CHIH
[QR Code]
Chief Accounting Officer
AN, CHI-LI
[QR Code]

APPENDIX V

Comparison table of Amendments to “Procedures for Acquisition or Disposal of Assets”

Article	Amendment	Original Articles
Article 8	Article 8
Under any of the following circumstances, the company acquiring or disposing of assets shall publicly announce and report the relevant information on the FSC's designated website in the appropriate format as prescribed by regulations within 2 days counting inclusively from the date of occurrence of the event:
1. Acquisition or disposal of real property or right-of-use assets thereof from or to a related party, or acquisition or disposal of assets other than real property or right-of-use assets thereof from or to a related party where the transaction amount reaches 20 percent or more of paid-in capital, 10 percent or more of the company's total assets, or NT$300 million or more; provided, this shall not apply to trading of domestic government bonds or bonds under repurchase and resale agreements, or subscription or redemption of money market funds issued by domestic securities investment trust enterprises.
2. Merger, demerger, acquisition, or transfer of shares.
3. Losses from derivatives trading reaching the limits on aggregate losses or losses on individual contracts set out in the procedures adopted by the company.
4. Where equipment or right-of-use assets thereof for business use are acquired or disposed of, and furthermore the transaction counterparty is not a related party, and the transaction amount meets any of the following criteria:
1) For the public company whose paid-in capital is less than NT$10 billion, the transaction amount reaches NT$500 million or more.
2) For the public company whose paid-in capital is NT$10 billion or more but less than NT$50 billion,	Article 8
Under any of the following circumstances, the company acquiring or disposing of assets shall publicly announce and report the relevant information on the FSC's designated website in the appropriate format as prescribed by regulations within 2 days counting inclusively from the date of occurrence of the event:
1. Acquisition or disposal of real property or right-of-use assets thereof from or to a related party, or acquisition or disposal of assets other than real property or right-of-use assets thereof from or to a related party where the transaction amount reaches 20 percent or more of paid-in capital, 10 percent or more of the company's total assets, or NT$300 million or more; provided, this shall not apply to trading of domestic government bonds or bonds under repurchase and resale agreements, or subscription or redemption of money market funds issued by domestic securities investment trust enterprises.
2. Merger, demerger, acquisition, or transfer of shares.
3. Losses from derivatives trading reaching the limits on aggregate losses or losses on individual contracts set out in the procedures adopted by the company.
4. Where equipment or right-of-use assets thereof for business use are acquired or disposed of, and furthermore the transaction counterparty is not a related party, and the transaction amount meets any of the following criteria:
1) For the public company whose paid-in capital is less than NT$10 billion, the transaction amount reaches NT$500 million or more.
2) For the public company whose paid-in capital is NT$10 billion or more, the transaction amount reaches NT$1 billion or more.

~37~

| | the transaction amount reaches NT$1 billion or more.
3) For a public company whose paid-in capital is NT$50 billion, the transaction amount reaches 5 percent or more of paid-in capital.
5. Where land is acquired under an arrangement on engaging others to build on the company's own land, engaging others to build on rented land, joint construction and allocation of housing units, joint construction and allocation of ownership percentages, or joint construction and separate sale, and furthermore the transaction counterparty is not a related party, and the amount the company expects to invest in the transaction reaches NT$500 million.
6. In the case of a public company with paid-in capital reaching NT$50 billion or more, transactions in government bonds, ordinary corporate bonds and general bank debentures without equity characteristics (excluding subordinated debt) traded on securities exchanges or OTC markets, which do not fall under any of the circumstances listed in the proviso of subparagraph 7, and where furthermore the transaction counterparty is not a related party, and the transaction amount reaches 5 percent or more of paid-in capital.
7. Where an asset transaction other than any of those referred to in the preceding six subparagraphs, a disposal of receivables by a financial institution, or an investment in the mainland China area reaches 20 percent or more of paid-in capital or NT$300 million; provided, this shall not apply to the following circumstances:
1) Trading of domestic government bonds or foreign government bonds with a sovereign rating not lower than the sovereign rating of the ROC.
2) Where done by professional investors—securities trading on | 5. Where land is acquired under an arrangement on engaging others to build on the company's own land, engaging others to build on rented land, joint construction and allocation of housing units, joint construction and allocation of ownership percentages, or joint construction and separate sale, and furthermore the transaction counterparty is not a related party, and the amount the company expects to invest in the transaction reaches NT$500 million.
6. Where an asset transaction other than any of those referred to in the preceding five subparagraphs, a disposal of receivables by a financial institution, or an investment in the mainland China area reaches 20 percent or more of paid-in capital or NT$300 million; provided, this shall not apply to the following circumstances:
1) Trading of domestic government bonds or foreign government bonds with a sovereign rating not lower than the sovereign rating of the ROC.
2) Where done by professional investors—securities trading on securities exchanges or OTC markets, or subscription of foreign government bonds or ordinary corporate bonds or general bank debentures without equity characteristics (excluding subordinated debt) that are offered and issued in the primary market, or subscription or redemption of securities investment trust funds or futures trust funds, or subscription or sellback of exchange traded notes, or subscription by a securities firm of securities as necessitated by its undertaking business or as an advisory recommending securities firm for an emerging stock company, in accordance with the rules of the Taipei Exchange.
3) Trading of bonds under |
| --- | --- | --- |

```html
| | securities exchanges or OTC markets, or subscription of foreign government bonds or ordinary corporate bonds or general bank debentures without equity characteristics (excluding subordinated debt) that are offered and issued in the primary market, or subscription or redemption of securities investment trust funds or futures trust funds, or subscription or sellback of exchange traded notes, or subscription by a securities firm of securities as necessitated by its undertaking business or as an advisory recommending securities firm for an emerging stock company, in accordance with the rules of the Taipei Exchange.
3) Trading of bonds under repurchase/resale agreements, or subscription or redemption of money market funds issued by domestic securities investment trust enterprises.
The amount of transactions above shall be calculated as follows:
1. The amount of any individual transaction.
2. The cumulative transaction amount of acquisitions and disposals of the same type of underlying asset with the same trading counterparty within the preceding year.
3. The cumulative transaction amount of acquisitions and disposals (cumulative acquisitions and disposals, respectively) of real property or right-of-use assets thereof within the same development project within the preceding year.
4. The cumulative transaction amount of acquisitions and disposals (cumulative acquisitions and disposals, respectively) of the same security within the preceding year.
"Within the preceding year" as used in the preceding paragraph refers to the year | repurchase/resale agreements, or subscription or redemption of money market funds issued by domestic securities investment trust enterprises.
The amount of transactions above shall be calculated as follows:
1. The amount of any individual transaction.
2. The cumulative transaction amount of acquisitions and disposals of the same type of underlying asset with the same trading counterparty within the preceding year.
3. The cumulative transaction amount of acquisitions and disposals (cumulative acquisitions and disposals, respectively) of real property or right-of-use assets thereof within the same development project within the preceding year.
4. The cumulative transaction amount of acquisitions and disposals (cumulative acquisitions and disposals, respectively) of the same security within the preceding year.
"Within the preceding year" as used in the preceding paragraph refers to the year |
| --- | --- | --- |
~38~

| | preceding the date of occurrence of the current transaction. Items duly announced in accordance with these Regulations need not be counted toward the transaction amount.
A public company shall compile monthly reports on the status of derivatives trading engaged in up to the end of the preceding month by the company and any subsidiaries that are not domestic public companies and enter the information in the prescribed format into the information reporting website designated by the FSC by the 10th day of each month.
When a public company at the time of public announcement makes an error or omission in an item required by regulations to be publicly announced and so is required to correct it, all the items shall be again publicly announced and reported in their entirety within two days counting inclusively from the date of knowing of such error or omission.
A public company acquiring or disposing of assets shall keep all relevant contracts, meeting minutes, log books, appraisal reports and CPA, attorney, and securities underwriter opinions at the company, where they shall be retained for 5 years except where another act provides otherwise. | error or omission.
A public company acquiring or disposing of assets shall keep all relevant contracts, meeting minutes, log books, appraisal reports and CPA, attorney, and securities underwriter opinions at the company, where they shall be retained for 5 years except where another act provides otherwise. |
| --- | --- | --- |
| Article 14 | For the calculation of 10 percent of total assets under these Regulations, the total assets stated in the most recent parent company only financial report or individual financial report prepared under the Regulations Governing the Preparation of Financial Reports by Securities Issuers shall be used.
In the case of a company whose shares have no par value or a par value other than NT$10—for the calculation of transaction amounts of 20 percent of paid-in capital under these Regulations, 10 percent of equity attributable to owners of the parent shall be substituted; for the calculation of transaction amounts of 5 | For the calculation of 10 percent of total assets under these Regulations, the total assets stated in the most recent parent company only financial report or individual financial report prepared under the Regulations Governing the Preparation of Financial Reports by Securities Issuers shall be used.
In the case of a company whose shares have no par value or a par value other than NT$10—for the calculation of transaction amounts of 20 percent of paid-in capital under these Regulations, 10 percent of equity attributable to owners of the parent shall be substituted; for calculations under the provisions of these Regulations |
~39~

	percent of paid-in capital under these Regulations, 2.5 percent of equity attributable to owners of the parent shall be substituted; for calculations under the provisions of these Regulations regarding transaction amounts relative to paid-in capital of NT$10 billion, NT$20 billion of equity attributable to owners of the parent shall be substituted; for calculations under the provisions of these Regulations regarding transaction amounts relative to paid-in capital of NT$50 billion, NT$100 billion of equity attributable to owners of the parent shall be substituted.	regarding transaction amounts relative to paid-in capital of NT$10 billion, NT$20 billion of equity attributable to owners of the parent shall be substituted.

AI assistant

PSC — AGM Information 2026

52209_rns_2026-06-03_ff4cf92f-c994-4046-b5ba-f8438283ba72.pdf

PRESIDENT SECURITIES CORP.

Meeting Minutes of 2026 General Shareholders' Meeting

A. Chairman's Address (omitted)

B. Report Items

C. Items to be Adopted

Motion 1 (proposed by the Board of Directors)

Motion 2 (Proposed by the Board of Directors)

D. Items for Discussion

Item 1 (Proposed by the Board of Directors)

E. Provisional Motions

[Macroeconomic Environment and Business Plan]

[Implementation and Results]

PRESIDENT SECURITIES CORPORATION

Audit Committee's Review Report

INDEPENDENT AUDITORS' REPORT TRANSLATED FROM CHINESE

Opinion

Basis for opinion

Key audit matters

Fair value measurement of unlisted stocks without active market

Description

Auditors’ responsibilities for the audit of the parent company only financial statements

PRESIDENT SECURITIES CORPORATION

PARENT COMPANY ONLY STATEMENTS OF CHANGES IN EQUITY

YEARS ENDED DECEMBER 31, 2025 AND 2024

PRESIDENT SEQUENTIES CORPORATION

PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS

YEARS ENDED DECEMBER 31, 2025 AND 2024

Opinion

Basis for Opinion

Key audit matters

Fair value measurement of unlisted stocks without active market

Description

How our audit addressed the matter

Other matter – Reference to the audits of other auditors

Other matter – Parent company only financial reports

Responsibilities of management and those charged with governance for the consolidated financial statements

Auditors’ responsibilities for the audit of the consolidated financial statements

PRESIDENT SECURITIES FOR PRELIMINARY AND SUBSIDIARIES

CONSOLIDATED ATTITUDES OVER CASH FLOWS

YEARS ENDED DECEMBER 31, 2025 AND 2024

President Securities Corporation

2025 Earnings Distribution Proposal

More from PSC

PSC AGM Information 2026