PSC — Annual Report 2022

Mar 9, 2023

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2023.03.09

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• This document may contain forward-looking statements, including but not limited to statements that address activities, events or developments that the Company expects or anticipates to occur in the future. All statements are made according to the projection of future operation and various political, economic and market factors beyond the Company’s control. Therefore, the actual results may differ materially from those contained in the forward-looking statements.

• The financial information provided in the document has not fully been reviewed by accountant.

• This document is not and cannot be construed as an offer to purchase or sell securities or other financial products or solicitation of an offer.

• All texts, images, illustrations and other material are subject to copyright held by President Securities Corp. Any reproduction, dissemination, transmission, and forwarding is strictly prohibited without the express written permission of President Securities Corp.

President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

Global Economic Overview

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The Review of 2022

• Federal Reserve System raised 17 yards in 2022.

• The IMF lowered its forecast for global economic growth in 2022 to 3.4%.

• Economic growth of Taiwan was revised down, monitoring Indicator was “Blue Light”.

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The Vision of 2023

• The IMF forecasted that the global inflation will be 6.6% in 2023.

• FED lowered the speed of raising interest rates, has raised only 1 yards in 2023 Feb.

• Taiwan pessimistic forecasted the economic growth would be 2.12% in 2023.

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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

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Brief Introduction

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Product and Services

Brokerage, Proprietary Trading, Underwriting, Fixed Income Dealing, Financial Products, Shareholder Services, Wealth Management & Trust, Offshore Securities Units

Capital

NTD 145.58 Billion

Number of Branches 31

Number of employees 1,714 PSC

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Affiliated Companies

President Futures Co.,LTD Uni-President Asset Management Corp. President Capital Management Corp. President Insurance Agency Co., Ltd. PSC Venture Capital Investment Co., Ltd. President Securities (Hong Kong) Limited President Wealth Management (HK) Ltd. President Securities (Nominee) Limited JinYuan President Securities Co.,Ltd.

Date of Incorporation 1988.12.17

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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

Consolidated Balance Sheets

ITEM	2022%2021%
Current AssetsNon-Current Assets	85,39690%108,68592%9,49510%9,0038%
Total Assets	94,891100%117,688100%64,96369%85,70973%1210%2120%
Current LiabilitiesNon-Current Liabilities
Total Liabilities	65,08469%85,92173%14,55815%14,55813%15,24916%17,20914%
Capital Common StockOther Equity
Total Equity	29,80731%31,76727%

Unit：Million NTD

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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

Consolidated Income Statement

ITEM	2022年%2021年%
Revenues	6,271100%11,622100%5,57389%7,35463%
Operating ExpensesOperating IncomeOther Income and CostsIncome Before TaxIncome Tax Expense
	69811%4,26837%2765%4013%
	97416%4,66940%2384%6585%
Net Income	73612%4,01135%581%3813%
Other Comprehensive IncomeTotal Comprehensive Income
	79413%4,39238%
EPS(NTD)	0.50-2.75-

Unit：Million NTD 5

President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

Same Period of 5 Years Operating Performances

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----- Start of picture text ----- 100 MIL 營收 Net Income 淨利 Revenue150116.2295.8110071.4262.7157.7440.1150 36.1523.7412.18 7.3602018 2019 2020 2021 2022 2022 YEAR----- End of picture text -----

資料來源：公開資訊觀測站

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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

Business Development

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Brokera e Business g

Business Development

Expanding Securities Lending business and NonRestricted Purpose Loan business. In the other hand, following the Act changes to develop new business.

Customer Care

Planning marketing campaign and optimized user APPs in the end of 2022. Integrated various function in APPs and improve user experience .

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A new wave of New Year : https://webportal.pscnet.com.tw/app _promote/activity/index.php

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Pro rietar p y Trading

Operating Strategy

The department pose strictly risk control and flexibly implement the trading strategy, which make net profit is positive number in 2022.

Vision

The markets continue to remain choppy so the department keep operating the conservative strategy .

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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

Business Development

Fixed Income Dealing

Operating Strategy

Trading policy change to active and aim to accumulated position gradually.

Business Development

The department will focus on market demand, increase awareness of credit, enlarge coverage of service field at the same time.

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Underwriting Business

Underwriting Performance

Performance of commission & capital gains are influenced by raised interest rates, which is harmful to capital market pricing .

Underwriting Strategy

Engage in market actively and try to expand IPO and SPO market share.

Wealth Management

Investment Trust

The rate of Non-discretionary Money Trust has grown by 26% from 2021. Foreign Bond and Offshore Structured Notes have achieved outstanding results in this year. .

Marketing Campaign

Holding Fund Dollar-Cost Averaging Award campaign, provide petite bourgeoisie commission free offer, encourage customer investment for long-term.

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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

Business Development

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Quantitative Trading

Business profile

Net value per share ranked No. 3.

Volume of market making business ranked

No. 4.

Financial Product Business

Market share

Equity Options Business maintains ranked No.1. Structured Notes ranked No. 4.

Issue of call (put) warrants ranked No. 6.

Marketing campaign

Operating strategy

Will increase various risk-payoff type in trading strategy, response the impact of international situation & market volatility.

Dynamically design new commodity & change advertisement strategy depends on various market situation.

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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

Stable Payout Ratio(Proposed)

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----- Start of picture text ----- 2.752.48EPS 1.69Stock DividendCash Dividend 0.87 1.891.50 0.51.000.690.392018 2019 2020 2021 2022 2022Payout Ratio 79% 71% 77% 69% 78%----- End of picture text -----

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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

AWARDS

Wealth Management Award Best Costumer-Recommended Best Video-Marketing Best Public Welfare Promotion Best Wealth Management of Banks and Securities

No.1 Best Marketing Innovation No.3 Best Sustainability

15TH Taiwan Corporate Sustainability Awards

Taiwan Top 100 Sustainability Corporate Sustainability Report Finance and Insurance Gold Prize ISO 14001 Environmental Management Systems Certification

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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

Q&A

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