PSC — Audit Report / Information 2024

Dec 20, 2024

PRESIDENT SECURITIES CORPORATION

PARENT COMPANY ONLY FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS’

REPORT

JUNE 30, 2024 AND 2023

-----------------------------------------------------------------------------------------------------------------------------------For the convenience of readers and for information purpose only, the auditors’ report and the accompanying financial statements have been translated into English from the original Chinese version prepared and used in the Republic of China. In the event of any discrepancy between the English version and the original Chinese version or any differences in the interpretation of the two versions, the Chinese-language auditors’ report and financial statements shall prevail.

~1~

INDEPENDENT AUDITORS’ REPORT TRANSLATED FROM CHINESE

PWCR24001576 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 of June 30, 2024, December 31, 2023 and June 30, 2023, and the related parent company only statements of comprehensive income, of changes in equity and of cash flows for the six months ended June 30, 2024 and 2023 and notes to the parent company only financial statements, including a summary of material accounting policies.

In our opinion, the accompanying parent company only financial statements present fairly, in all material respects, the parent company only financial position of the Company as at June 30, 2024, December 31, 2023 and June 30, 2023, and its parent company only financial performance and its parent company only cash flows for the six months ended June 30, 2024 and 2023 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.

~2~

Key audit matters

Key audit matters are those matters that, in our professional judgement, were of most significance in our audit of the parent company only financial statements for the six months ended June 30, 2024. 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.

The key audit matters of the parent company only financial statements for the six months ended June 30, 2024 are stated as follows:

Fair value measurement of unlisted stocks without active market

Description

Please refer to Note 4 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 of June 30, 2024, the unlisted stocks without active market held by the Company totaled 372,226 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 measured its fair value by using comparable listed companies in 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 of management. 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.

~3~

How our audit addressed the matter

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

• 1.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;

• 2.Ascertained whether the measurement methods used by the management is commonly used by the industry;

• 3.Assessed the reasonableness of parameter of similar companies used by management;

• 4.Examined inputs and calculation formulas used in valuation methods and agreed such data to supporting documents.

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 Issuers, 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.

~4~

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:

1. 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.

2. 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.

3. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.

4. 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.

~5~

1. 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.

2. 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)

~6~

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 for the six months ended June 30, 2024 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.

Independent Auditors

Lin, Se-Kai Kuo, Puo-Ju

For and on behalf of PricewaterhouseCoopers, Taiwan August 28, 2024

------------------------------------------------------------------------------------------------------------------------------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 the Standards on Auditing of 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.

~7~

PRESIDENT SECURITIES CORPORATION PARENT COMPANY ONLY BALANCE SHEETS JUNE 30, 2024, DECEMBER 31, 2023 AND JUNE 30, 2023

(Expressed in thousands of New Taiwan dollars)

Assets	Notes	June 30,2024	% 2 41 2 - 13 - - 11 - 1 - 20 - - - 2 92 - - 5 2 - - - - 1 8 100	December31,2023 AMOUNT % $ 3,057,640 3 53,186,728 44 3,078,680 3 - - 17,395,242 15 1,982 - 1,476 - 9,247,169 8 451,397 - 475,705 - 1,475 - 19,083,359 16 4,196 - 44,247 - 14,434 - 1,733,992 1 107,777,722 90 59,780 - 307,448 - 7,544,462 7 2,460,229 2 126,293 - 184,153 - 229,816 - 129,269 - 1,004,224 1 12,045,674 10 $ 119,823,396 100	June 30,2023
		AMOUNT $ 3,674,936 67,241,354 3,711,912 20,803 22,155,682 31,242 25,650 18,574,372 734,086 1,923,721 634 32,237,646 4,550 49,418 460,995 2,457,378 153,304,379 50,891 372,226 7,655,236 2,441,372 154,264 183,442 230,749 129,758 1,215,724 12,433,662 $ 165,738,041		AMOUNT $ 3,057,640 53,186,728 3,078,680 - 17,395,242 1,982 1,476 9,247,169 451,397 475,705 1,475 19,083,359 4,196 44,247 14,434 1,733,992 107,777,722 59,780 307,448 7,544,462 2,460,229 126,293 184,153 229,816 129,269 1,004,224 12,045,674 $ 119,823,396	AMOUNT $ 3,381,490 47,838,102 3,172,267 - 13,683,335 3,226 2,687 6,710,931 382,649 1,557,725 631 25,963,942 4,175 46,941 168,015 1,432,739 104,348,855 56,161 289,729 7,364,607 2,391,948 134,339 265,252 214,426 96,609 1,182,688 11,995,759 $ 116,344,614	%
110000 Current assets 111100 Cash and cash equivalents 112000 Financial assets at fair value through profit or loss - current 113200 Financial assets at fair value through other comprehensive income - current 114010 Bonds purchased under resale agreements 114030 Margin loans receivable 114040 Refinancing security deposits 114050 Receivables from refinance guaranty 114060 Receivable of securities business money lending 114090 Receivables from security lending 114100 Security lending deposits 114110 Notes receivable 114130 Accounts receivable 114140 Accounts receivable - related parties 114150 Prepayments 114170 Other receivables 119000 Other current assets 110000 Total current assets 120000 Non-current assets 122000 Financial assets at fair value through profit or loss - non- current 123200 Financial assets at fair value through other comprehensive income - non-current 124100 Investments accounted for under the equity method 125000 Property and equipment, net 125800 Right-of-use assets 126000 Investment property 127000 Intangible assets 128000 Deferred tax assets 129000 Other assets - non-current 120000 Total non-current assets 906001 Total Assets	6(1) 6(2) 6(3) 6(4) 6(5) 6(6) 6(6) 6(7) 6(8) 6(2) 6(3) 6(11) 6(12) 6(13) 6(15) 6(16) 6(46) 6(17)					3 41 3 - 12 - - 6 - 2 - 22 - - - 1
						90
						- - 7 2 - - - - 1
						10
						100

(Continued)

~8~

PRESIDENT SECURITIES CORPORATION PARENT COMPANY ONLY BALANCE SHEETS JUNE 30, 2024, DECEMBER 31, 2023 AND JUNE 30, 2023

(Expressed in thousands of New Taiwan dollars)

Liabilities andEquity	Notes	June 30,2024	% 8 20 8 9 - 1 3 1 19 - - 3 8 - - - 80 - - - - - 80 9 - 2 6 2 1 20 100	December31,2023 AMOUNT % $ 6,944,759 6 21,130,934 18 10,463,828 9 19,140,506 16 921,093 1 1,163,504 1 1,632,008 1 860,210 1 17,055,597 14 121 - 612,897 - 2,079,118 2 5,224,019 4 232,902 - 55,596 - 76,207 - 87,593,299 73 15,507 - 66,037 - 17,915 - 81,146 - 180,605 - 87,773,904 73 14,558,313 12 91,261 - 3,959,127 4 9,253,546 8 2,752,936 2 1,434,309 1 32,049,492 27 $ 119,823,396 100	June 30,2023
		AMOUNT $ 12,835,120 32,808,987 14,103,992 14,747,689 693,604 920,618 4,162,931 1,476,114 31,973,689 460 740,146 4,326,100 12,736,224 155,727 56,417 80,986 131,818,804 15,551 95,142 59,180 62,736 232,609 132,051,413 14,558,313 91,261 4,233,889 9,803,068 3,076,599 1,923,498 33,686,628 $ 165,738,041		AMOUNT $ 6,944,759 21,130,934 10,463,828 19,140,506 921,093 1,163,504 1,632,008 860,210 17,055,597 121 612,897 2,079,118 5,224,019 232,902 55,596 76,207 87,593,299 15,507 66,037 17,915 81,146 180,605 87,773,904 14,558,313 91,261 3,959,127 9,253,546 2,752,936 1,434,309 32,049,492 $ 119,823,396	AMOUNT $ 10,064,854 23,269,671 7,108,202 9,915,036 715,580 911,453 1,014,235 426,518 24,329,203 611 611,576 2,298,820 4,504,843 132,380 62,529 74,163 85,439,674 15,463 65,507 25,461 23,066 129,497 85,569,171 14,558,313 91,261 3,959,127 9,253,546 1,633,347 1,279,849 30,775,443 $ 116,344,614	%
210000 Current liabilities 211100 Short-term loans 211200 Commercial papers payable 212000 Financial liabilities at fair value through profit or loss - current 214010 Bonds sold under repurchase agreements 214040 Deposits on short sales 214050 Short sale proceeds payable 214070 Guarantee deposit received on borrowed securities 214090 Equity for each customer in the account 214130 Accounts payable 214150 Advance receipts 214160 Collections on behalf of third parties 214170 Other payables 214200 Other financial liabilities - current 214600 Current tax liability 216000 Current lease liabilities 219000 Other current liabilities 210000 Total current liabilities 220000 Non-current liabilities 225100 Non-current provisions 226000 Non-current lease liabilities 228000 Deferred tax liability 229000 Other liabilities - non-current 220000 Total non-current liabilities 906003 Total Liabilities 301000 Capital 301010 Common stock 302000 Capital reserve 304000 Retained earnings 304010 Legal reserve 304020 Special reserve 304040 Unappropriated earnings 305000 Other equity interest 906004 Total equity 906002 Total liabilities and equity	6(18) 6(19) 6(20) 6(21) 6(22) 6(23) 6(24) 6(46) 6(46) 6(25) 6(27) 6(27) 6(27)(28)					9 20 6 8 1 1 1 - 21 - 1 2 4 - - -
						74
						- - - -
						-
						74
						13 - 3 8 1 1
						26
						100

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

~9~

PRESIDENT SECURITIES CORPORATION

PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME SIX MONTHS ENDED JUNE 30, 2024 AND 2023

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

Items

Six months ended June 30 2024 2023 Notes AMOUNT % AMOUNT % 6(29) $ 1,938,388 27 $ 1,204,523 28 6(30) 64,309 1 49,607 1 36,293 - 17,269 1 6(31) 5,937,564 84 950,703 22 48,083 1 45,534 1 6(32) 1,000,297 14 595,874 14 340,317 5 2,798,928 65 6(33) 3,256,197 46 525,888 12 6(34) ( 622,783 ) ( 9) ( 39,224) ( 1 ) 6(35) ( 130,655 ) ( 2) ( 949,571) ( 22 ) ( 101,470 ) ( 1) ( 221,726) ( 5 ) 2,958 - 4,765 - 6(36) ( 898,654 ) ( 13) ( 247,773) ( 6 ) 17,906 - 15,087 - 6(37) ( 4,216,363 ) ( 59) ( 709,409) ( 16 ) 6(38) 17,829 - ( 7,401) - 6(39) 401,810 6 260,057 6 7,092,026 100 4,293,131 100 6(40) ( 287,076 ) ( 4) ( 180,118) ( 4 ) ( 5,104 ) - ( 4,574) - 6(41) ( 704,302 ) ( 10) ( 359,047) ( 9 ) ( 62 ) - ( 43) - ( 12,256 ) - ( 8,866) - ( 1,886 ) - ( 96) - 6(42) ( 2,031,482 ) ( 29) ( 1,365,087) ( 32 ) 6(43) ( 156,217 ) ( 2) ( 133,592) ( 3 ) 6(44) ( 1,055,338 ) ( 15) ( 811,965) ( 19 ) ( 4,253,723 ) ( 60) ( 2,863,388) ( 67 ) 2,838,303 40 1,429,743 33 6(11) 319,110 4 226,299 5 6(45) 122,179 2 113,670 3 3,279,592 46 1,769,712 41 6(46) ( 209,948 ) ( 3) ( 141,689) ( 3 ) $ 3,069,644 43 $ 1,628,023 38

400000 Revenues 401000 Brokerage handling fee revenue 404000 Revenues from underwriting business 406000 Net gain (loss) on wealth management 410000 Net gain (loss) on sale of trading securities 421100 Revenue from providing agency service for stock affairs 421200 Interest revenue 421300 Dividend revenue 421500 Net valuation gain (loss) on operating securities at fair value through profit or loss 421600 Net gain (loss) on covering of borrowed securities and bonds with resale agreements-short sales 421610 Net valuation gain (loss) on borrowed securities and bonds with resale agreements-short sales at fair value through profit or loss 422000 Net gain (loss) on issuance of ETNs 422100 Administrative and handling fee revenues from issuance of ETNs 422200 Net gain (loss) from issuance of call (put) warrants 424100 Future commission revenue 424400 Net gain (loss) from derivatives 425300 Expected credit impairment loss and reversal of impairment gain 428000 Other operating income Total revenue 500000 Expenditures and expenses 501000/ 502000/ 503000 Handling charges 507000 ETNs administrative expenses 521200 Finance costs 524200 Securities commission expense 524300 Expense of clearing and settlement 528000 Other operating expenditure 531000 Employee benefits expense 532000 Depreciation and amortization 533000 Other operating expense Total expenditure and expense Operating profit 601100 Share of the profit or loss of associates and joint ventures accounted for under the equity method 602000 Other gains and losses 902001Profit before tax 701000 Income tax (expense) benefit 902005Net income

~10~

PRESIDENT SECURITIES CORPORATION

PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME SIX MONTHS ENDED JUNE 30, 2024 AND 2023

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

Items

Six months ended June 30 2024 2023 Notes AMOUNT % AMOUNT % 6(3) $ 313,568 4 $ 79,915 2 157,756 2 41,258 1 119,167 2 ( 75,481) ( 2 ) ( 101,302) ( 1) ( 49,590) ( 1) $ 489,189 7 ($ 3,898) - $ 3,558,833 50 $ 1,624,125 38 6(47) $ 2.11 $ 1.12 $ 2.11 $ 1.12

Other comprehensive income Components of other comprehensive income that will not be reclassified to profit or loss 805540 Net unrealised gain (loss) from investments in equity instruments at fair value through other comprehensive income 805560 Other comprehensive income (loss) of subsidiaries, associates, and joint ventures accounted for under the equity method - not reclassified to profit or loss Items may be reclassified to profit of loss subsequently 805610 Translation gain (loss) on the financial statements of foreign operating entities 805615 Net unrealised gain (loss) from investments in debt instruments at fair value through other comprehensive income 805000 Current other comprehensive income (loss) (post-tax) 902006Total current comprehensive income (loss) Earnings per share 975000 Basic earnings per share (in dollars) 985000 Diluted earnings per share (in dollars)

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

~11~

PRESIDENT SECURITIES CORPORATION

PARENT COMPANY ONLY STATEMENTS OF CHANGES IN EQUITY SIX MONTHS ENDED JUNE 30, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars)

For the six months ended June 30, 2023 Balance at January 1, 2023 Net income for the six months ended June 30, 2023 Other comprehensive income (loss) for the six months ended June 30, 2023 Total comprehensive income (loss) for the six months ended June 30, 2023 Appropriations of 2022 earnings Legal reserve Special reserve Cash dividends Balance at June 30, 2023 For the six months ended June 30, 2024 Balance at January 1, 2024 Net income for the six months ended June 30, 2024 Other comprehensive income (loss) for the six months ended June 30, 2024 Total comprehensive income (loss) for the six months ended June 30, 2024 Appropriations of 2023 earnings Legal reserve Special reserve Cash dividends Balance at June 30, 2024	Notes		Commonstock		Capital reserve				Retained earnings				Otherequityinterest	Otherequityinterest	Otherequityinterest		Totalequity
							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
	6(28) 6(28)		$ 14,558,313 - - - - - - $ 14,558,313 $ 14,558,313 - - - - - - $ 14,558,313		$ 91,261 - - - - - - $ 91,261 $ 91,261 - - - - - - $ 91,261		$ 3,877,849 - - - 81,278 - - $ 3,959,127 $ 3,959,127 - - - 274,762 - - $ 4,233,889		$ 9,090,989 - - - - 162,557 - $ 9,253,546 $ 9,253,546 - - - - 549,522 - $ 9,803,068	$ 816,933 1,628,023 - 1,628,023 ( 81,278 ) ( 162,557 ) ( 567,774 ) $ 1,633,347 $ 2,752,936 3,069,644 - 3,069,644 ( 274,762 ) ( 549,522 ) ( 1,921,697 ) $ 3,076,599		$ 103,010 - ( 75,481 ) ( 75,481 ) - - - $ 27,529 $ 43,973 - 119,167 119,167 - - - $ 163,140			$ 1,180,737 - 71,583 71,583 - - - $ 1,252,320 $ 1,390,336 - 370,022 370,022 - - - $ 1,760,358	$ 29,719,092 1,628,023 ( 3,898 ) 1,624,125 - - ( 567,774 ) $ 30,775,443 $ 32,049,492 3,069,644 489,189 3,558,833 - - ( 1,921,697 ) $ 33,686,628

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

~12~

PRESIDENT SECURITIES CORPORATION

PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS

SIX MONTHS ENDED JUNE 30, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars)

CASH FLOWS FROM OPERATING ACTIVITIES Profit before tax Adjustments Adjustments to reconcile profit (loss) Net valuation (gain) loss on operating securities at fair value through profit or loss Net valuation (gain) loss on borrowed securities and bonds with resale agreements-short sales at fair value through profit or loss Expected credit impairment loss and reversal of impairment gain Depreciation Amortization Financial expense Interest income (include financial income) Dividend income Share of profit of subsidiaries, associates and joint ventures accounted for under the equity method (Gain) loss on disposal of investments (Gain) loss from lease modification (Gain) loss on valuation of non-operating financial instruments Changes in operating assets and liabilities Changes in operating assets Financial assets at fair value through profit or loss Financial assets at fair value through other comprehensive income Bonds purchased under resale agreements Margin loans receivable Refinancing security deposits Receivables from refinance guaranty Receivable of securities business money lending Receivables from security lending Security lending deposits Notes receivable Accounts receivable Accounts receivable - related parties Prepayments Other receivables Other current assets Changes in operating liabilities Financial liabilities at fair value through profit or loss Bonds sold under repurchase agreements Deposits on short sales Short sale proceeds payable Guarantee deposit received on borrowed securities Equity for each customer in the account Accounts payable Advance receipts Collections on behalf of third parties Other payable Other financial liabilities - current Other current liabilities

Six months ended June 30 Notes 2024 2023 $ 3,279,592 $ 1,769,712 6(2)(33) ( 3,256,197 ) ( 525,888 ) 6(35) 130,655 949,571 6(38) ( 17,417 ) 8,139 6(43) 114,487 102,709 6(43) 41,730 30,883 6(41) 704,302 359,047 6(32)(45) ( 1,033,122 ) ( 632,960 ) ( 346,839 ) ( 2,807,382 ) 6(11) ( 319,110 ) ( 226,299 ) - ( 228 ) ( 10 ) 1 6(45) 2,878 2,795 ( 10,790,975 ) ( 23,289,406 ) ( 325,670 ) ( 592,875 ) ( 20,803 ) - ( 4,741,679 ) ( 3,158,596 ) ( 29,260 ) 90,910 ( 24,174 ) 69,712 ( 9,327,203 ) ( 2,616,023 ) ( 282,689 ) 776,928 ( 1,448,016 ) 1,819,905 841 132 ( 12,908,920 ) ( 12,938,552 ) ( 354 ) 542 ( 5,171 ) ( 13,287 ) ( 3,046 ) ( 2,931 ) ( 723,386 ) 437,689 3,509,509 ( 2,997,453 ) ( 4,392,817 ) 2,949,612 ( 227,489 ) ( 1,093,776 ) ( 242,886 ) ( 898,509 ) 2,530,923 ( 792,356 ) 615,904 157,489 14,833,121 13,378,764 339 582 127,249 ( 131,942 ) 323,909 284,270 7,512,205 1,720,757 4,779 2,157

(Continued)

~13~

PRESIDENT SECURITIES CORPORATION

PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS

SIX MONTHS ENDED JUNE 30, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars)

Cash outflow generated from operations Interest received Dividends received Income tax paid Net cash flows used in operating activities CASH FLOWS FROM INVESTING ACTIVITIES Acquisition of property and equipment Acquisition of intangible assets (Increase) decrease in other non-current assets Increase in prepayment for equipment Proceeds from disposal of investments accounted for using equity method Net cash flows used in investing activities CASH FLOWS FROM FINANCING ACTIVITIES Increase (decrease) in short-term loans Increase (decrease) in commercial papers payable Increase (decrease) in other non-current liabilities Payments of lease liabilities Interest paid Net cash flows from financing activities Effect of exchange rate changes Net increase in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period

Six months ended June 30 Notes 2024 2023 ( $ 16,734,810 ) ( $ 27,806,157 ) 998,647 635,398 259,897 803,395 ( 246,347 ) ( 116,540 ) ( 15,722,613 ) ( 26,483,904 ) 6(12) ( 34,128 ) ( 19,604 ) 6(16) ( 10,555 ) ( 9,283 ) ( 203,557 ) ( 135,088 ) ( 63,517 ) ( 49,666 ) - 61,882 ( 311,757 ) ( 151,759 ) 5,890,361 9,789,854 11,700,000 17,470,000 ( 18,410 ) ( 249 ) ( 35,360 ) ( 34,665 ) ( 730,252 ) ( 363,342 ) 16,806,339 26,861,598 ( 154,673 ) ( 37,239 ) 617,296 188,696 3,057,640 3,192,794 $ 3,674,936 $ 3,381,490

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

~14~

PRESIDENT SECURITIES CORPORATION

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2024 AND 2023

(Expressed in thousands of new taiwan dollars, except as otherwise indicated)

1. HISTORY AND ORGANIZATION

• 1) President Securities Corporation (the “Company”) was incorporated as a company limited by shares under the provisions of the Company Law of the Republic of China (R.O.C.) on December 17, 1988 and was renamed as President Securities Corporation on March 4, 1989. The Company started commercial operations on April 3, 1989. As of June 30, 2024, the Company had 31 operating branches (including the Head Office) and established Offshore Securities Unit in July 2014.

• 2) The Company is primarily engaged in underwriting of securities, dealing or brokerage business of securities at the securities exchange markets and business premises, registration and transfer agency service for securities, margin loans and short sales business of securities, securities lending and borrowing business, futures introducing brokerage services, futures dealing, issuance of call (put) warrants, new financial instrument transactions, wealth management business, and trust business.

• 3) The Company’s shares are listed on the Taiwan Stock Exchange.

• 4) The number of employees of the Company were 1,495 and 1,444, as of June 30, 2024 and 2023, respectively.

• THE DATE OF AUTHORIZATION FOR ISSUANCE OF THE FINANCIAL

STATEMENTS AND PROCEDURES FOR AUTHORIZATION

These parent company only financial statements were authorized for issuance by the Board of Directors on August 28, 2024.

1. APPLICATION OF NEW STANDARDS, AMENDMENTS AND INTERPRETATIONS 1) Effect of the adoption of new issuances of or amendments to International Financial Reporting Standards (“IFRS[®] ”) Accounting Standards that came into effect as endorsed by the Financial Supervisory Commission (“FSC”)

New standards, interpretations and amendments that came into effect as endorsed by FSC and became effective from 2024 are as follows:

the Financial Supervisory Commission (“FSC”) New standards, interpretations and amendments that came into effect and became effective from 2024 are as follows:	as endorsed by FSC
New Standards,Interpretations and Amendments	Effective date by International Accounting Standards Board
Amendments to IFRS 16, ‘Lease liability in a sale and leaseback’ Amendments to IAS 1, ‘Classification of liabilities as current or non- current’ Amendments to IAS 1, ‘Non-current liabilities with covenants’ Amendments to IAS 7 and IFRS 7, ‘Supplier finance arrangements’	January 1, 2024 January 1, 2024 January 1, 2024 January 1, 2024

~15~

The above standards and interpretations have no significant impact to the Company’s financial condition and financial performance based on the Company’s assessment.

• 2) Effect of new issuances of or amendments to IFRS Accounting Standards as endorsed by the FSC but not yet adopted by the Group

New standards, interpretations and amendments endorsed by the FSC and will become effective from 2025 are as follows:

Effective date by International Accounting New Standards, Interpretations and Amendments Standards Board Amendments to IAS 21, ‘Lack of exchangeability’ January 1, 2025

The above standards and interpretations have no significant impact to the Company’s financial condition and financial performance based on the Company’s assessment.

• 3) IFRS Accounting Standards issued by IASB but not yet endorsed by the FSC

New standards, interpretations and amendments issued by IASB but not yet included in the IFRS Accounting Standards as endorsed by the FSC are as follows:

	Effective date by
	International
	Accounting
New Standards,Interpretations and Amendments	Standards Board
Amendments to IFRS 9 and IFRS 7, ‘Amendments to the classification	January 1, 2026
and measurement of financial instruments’
Amendments to IFRS 10 and IAS 28, ‘Sale or contribution of assets	To be determined by
between an investor and its associate or joint venture’	International
	Accounting Standards Board
IFRS 17, ‘Insurance contracts’	January 1, 2023
Amendments to IFRS 17,‘Insurance contracts’	January 1, 2023
Amendment to IFRS 17, ‘Initial application of IFRS 17 and IFRS 9 – comparative information’	January 1, 2023
IFRS 18, ‘Presentation and disclosure in financial statements’	January 1, 2027
IFRS 19, ‘Subsidiaries without public accountability: disclosures’	January 1, 2027
Annual Improvements to IFRS Accounting Standards—Volume 11	January 1, 2026

Except for the following, the above standards and interpretations have no significant impact

to the Company’s financial condition and financial performance based on the Company’s assessment:

IFRS 18, ‘Presentation and disclosure in financial statements’

IFRS 18, ‘Presentation and disclosure in financial statements’ replaces IAS 1. The standard introduces a defined structure of the statement of profit or loss, disclosure requirements related to management-defined performance measures, and enhanced principles on aggregation and disaggregation which apply to the primary financial statements and notes.

~16~

4. SUMMARY OF MATERIAL ACCOUNTING POLICIES

The principal accounting policies applied in the preparation of these consolidated financial statements are set out below. These policies have been consistently applied to all the periods presented, unless otherwise stated.

• 1) Compliance statement

• A. The financial statements of the Company have been prepared 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”.

• B. These parent company only financial statements should be read in conjunction with the parent company only financial statements for the year ended December 31, 2023.

• 2) Basis of preparation

• A. Except for the following items, these financial statements have been prepared under the historical cost convention:

  • (A) Financial assets and financial liabilities (including derivative instruments) at fair value through profit or loss.

  • (B) Financial assets at fair value through other comprehensive income.

  • (C) Defined benefit liabilities recognized based on the net amount of pension fund assets less present value of defined benefit obligations.

• B. The preparation of financial statements in conformity with International Financial Reporting Standards, International Accounting Standards, IFRIC[®] Interpretations, and SIC[®] Interpretation that came into effect as endorsed by the FSC (collectively referred herein as the “IFRSs”) requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the Company’s accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed in Note 5.

3) Employee benefits

• A. Except for the following explanation of interim standards, please refer to Note 4(21) of the parent company only financial statements for the year ended December 31, 2023.

• B. Pension cost for the interim period is calculated on a year-to-date basis by using the pension cost rate derived from the actuarial valuation at the end of the prior financial year, adjusted for significant market fluctuations since that time and for significant curtailments, settlements, or other significant one-off events. Also, the related information is disclosed accordingly.

~17~

4) Income tax

• A. Except for the following explanation of interim standards, please refer to Note 4(23) of the parent company only financial statements for the year ended December 31, 2023.

• B. The interim period income tax expense is recognized based on the estimated average annual effective income tax rate expected for the full financial year applied to the pretax income of the interim period, and the related information is disclosed accordingly.

• CRITICAL ACCOUNTING JUDGEMENTS, ESTIMATES AND KEY SOURCES OF ASSUMPTION UNCERTAINTY

There were no significant changes as of June 30, 2024. Please refer to the explanation in Note

5 of the parent company only financial statements for the year ended December 31, 2023.

6. DETAILS OF SIGNIFICANT ACCOUNTS

1) Cash and cash equivalents

Cash and cash equivalents
Petty cash Checking deposits Current deposits: Deposits denominated in NTD Deposits denominated in foreign currencies Time deposits Total	June 30,2024 1,500 $ 580,666 777,036 1,045,579 1,270,155 3,674,936 $	December 31,2023 - $ 605,453 533,136 657,601 1,261,450 3,057,640 $	June 30,2023
			1,500 $ 501,463 385,382 1,138,665 1,354,480
			3,381,490 $

As of June 30, 2024, December 31, 2023 and June 30, 2023, the annual interest rates of time deposits, including foreign time deposits were 0.680%~5.430%, 0.555% ~ 5.500%, and 0.555% ~ 5.413%, respectively.

(Blank below)

~18~

2) Financial assets at fair value through profit or loss

Current items: Financial assets mandatorily measured at fair value through profit or loss: Security lending Security lending Adjustment of security lending Subtotal Open-ended funds, money market instruments and securities investment by brokers Open-ended mutual funds beneficiary certificates Adjustment of open-ended funds, money market instruments and securities investment by brokers Total Trading securities-dealer Listed (TSE and OTC) stocks Government bonds Corporate bonds Convertible corporate bonds Emerging stocks Overseas stocks Exchange-traded funds Unlisted stocks Subtotal Adjustment of trading securities - dealer Total Trading securities-underwriter Listed (TSE and OTC) stocks Convertible corporate bonds Subtotal Adjustment of trading securities - underwriter Total Trading securities-hedging Listed (TSE and OTC) stocks Corporate bonds Convertible corporate bonds Warrants Overseas stocks Exchange traded funds Subtotal Adjustment of trading securities - hedging Total Options bought-futures Futures Margin-Own Funds Derivative financial instrument assets-OTC Total Non-current items: Financial assets mandatorily measured at fair value through profit or loss: Trading securities - dealer - government bonds Unlisted stocks Subtotal Adjustment of trading securities Total	June 30,2024 December 31,2023 June 30,2023 306,662 $ 89,389 $ 304,587 $ 5,515 1,613) ( 483 312,177 87,776 305,070 100,000 125,000 55,000 9,389 3,836 2,838 109,389 128,836 57,838 14,360,706 6,431,803 13,474,182 49,875 1,693,534 899,888 2,506,273 4,054,695 1,953,487 1,948,552 1,358,491 880,597 232,790 245,069 226,793 8,614,680 12,233,618 6,605,130 3,999,077 2,572,774 2,389,471 16,452 2,052 2,042 31,728,405 28,592,036 26,431,590 2,749,825 722,972 145,196 34,478,230 29,315,008 26,576,786 114,740 95,604 47,850 678,210 602,696 533,847 792,950 698,300 581,697 269,902 175,242 171,614 1,062,852 873,542 753,311 11,696,554 8,028,344 8,173,807 3,090,000 100,000 - 9,568,011 9,315,389 5,970,110 15,866 15,694 19,238 402,377 104,122 152,124 7,511 15,141 13,812 24,780,319 17,578,690 14,329,091 1,743,999 527,952 48,625) ( 26,524,318 18,106,642 14,280,466 4,411 91 582 4,714,111 4,674,005 5,843,381 35,866 829 20,668 67,241,354 $ 53,186,728 $ 47,838,102 $ June 30,2024 December 31,2023 June 30,2023 49,853 $ 49,829 $ 49,804 $ 435 435 435 50,288 50,264 50,239 603 9,516 5,922 50,891 $ 59,780 $ 56,161 $	June 30,2023
		304,587 $ 483
		305,070
		55,000 2,838
		57,838
		13,474,182 899,888 1,953,487 880,597 226,793 6,605,130 2,389,471 2,042
		26,431,590 145,196
		26,576,786
		47,850 533,847
		581,697 171,614
		753,311
		8,173,807 - 5,970,110 19,238 152,124 13,812
		14,280,466
		582
		5,843,381
		20,668
		47,838,102 $
		June 30,2023
		49,804 $ 435
		50,239 5,922
		56,161 $

~19~

• a. For the six months ended June 30, 2024 and 2023, net realized and unrealized gains (losses) on financial assets and liabilities at fair value through profit or loss amounted to $3,226,794 and ($686,347), respectively.

• b. Details of the Company’s financial assets at fair value through profit or loss pledged to others as collateral are provided in Note 8.

• c. Information relating to credit risk is provided in Note 12(2).

• 3) Financial assets at fair value through other comprehensive income

June 30,2024 Current items: Equity instruments: Trading securities-dealer Listed (TSE and OTC) stocks 189,812 $ Adjustment of trading securities - dealer 454,510 Subtotal 644,322 Debt instruments: Trading securities-dealer Overseas bonds 3,125,117 Adjustment of trading securities - dealer 57,527) ( Subtotal 3,067,590 Total 3,711,912 $ June 30,2024 Non-current items: Equity instruments: Unlisted stocks 6,449 $ Adjustment of trading securities 365,777 Total 372,226 $	December 31,2023 June 30,2023 189,812 $ 189,812 $ 205,719 194,380 395,531 384,192 2,681,326 2,919,138 1,823 131,063) ( 2,683,149 2,788,075 3,078,680 $ 3,172,267 $ December 31,2023 June 30,2023 6,449 $ 6,449 $ 300,999 283,280 307,448 $ 289,729 $	December 31,2023 June 30,2023 189,812 $ 189,812 $ 205,719 194,380 395,531 384,192 2,681,326 2,919,138 1,823 131,063) ( 2,683,149 2,788,075 3,078,680 $ 3,172,267 $ December 31,2023 June 30,2023 6,449 $ 6,449 $ 300,999 283,280 307,448 $ 289,729 $
		2,788,075
		3,172,267 $
		June 30,2023
		6,449 $ 283,280
		289,729 $

• a. The Company has elected to classify stock investments that are considered to be strategic investments or stably receiving dividends as financial assets at fair value through other comprehensive income. The fair value of such investments amounts to $1,016,548, $702,979 and $673,921 as of June 30, 2024, December 31, 2023 and June 30, 2023, respectively.

• b. Amounts recognized in profit or loss and other comprehensive income in relation to the financial assets at fair value through other comprehensive income are listed below:

Equity instruments at fair value through other comprehensive income		Six months ended June 30,2024		Six months ended June 30,2023
Fair value change recognised in other comprehensive income Dividend income recognised in profit or loss Held at end of period Debt instruments at fair value through other comprehensive income		313,568 $ 4,669 $ Six months ended June 30,2024		79,915 $ 6,253 $ Six months ended June 30,2023
Fair value change recognised in other comprehensive income Cumulative other comprehensive income reclassified to profit or loss Interest income recognised in profit or loss	101,302) ($ 57,705 $		49,590) ($ 45,701 $

~20~

• c. Details of the Company’s financial assets at fair value through other comprehensive income pledged to others as collateral are provided in Note 8.

• d. Information relating to credit risk is provided in Note 12(2).

4) Bonds purchased under resale agreements

==> picture [430 x 26] intentionally omitted <==

The above bonds purchased under resale agreements as of June 30, 2024, December 31, 2023 and June 30, 2023 were due within one year and were contracted to be repurchased at the agreed-upon price plus interest charge on the specific date after transaction. The total repurchase amounts were $20,984, $0, and $0, respectively. The annual interest rates in every currency were as shown as follows:

Currency June 30, 2024 December 31, 2023 June 30, 2023 EUR 3.48% - -

5) Margin loans receivable

Margin loans receivable were secured by the securities purchased by customers under margin loans. The annual interest rate was 6.4%.

6) Accounts receivable

Accounts receivable - related parties Accounts receivable - non related parties Settlement price receivable-brokers Settlement price receivable-dealer Settlement price receivable-foreign bonds Spot exchange receivable, foreign currencies Interest receivable Settlement price Dividends receivable Others Subtotal Less: Allowance for uncollectible accounts Total	June 30,2024 December 31,2023 June 30,2023 4,550 $ 4,196 $ 4,175 $ 19,471,715 $ 13,698,197 $ 14,583,252 $ 5,691,073 1,473,114 965,783 3,253,294 916,071 4,506,574 126,916 37,393 247,707 505,938 478,227 303,944 2,676,060 1,780,200 2,112,910 156,698 28,135 2,722,730 356,290 672,663 521,568 32,237,984 19,084,000 25,964,468 338) ( 641) ( 526) ( 32,237,646 $ 19,083,359 $ 25,963,942 $

• A. The ageing analysis of accounts receivable that were past due but not impaired is as follows:

follows:
Accounts receivable Accounts receivable - related parties Accounts receivable - non related parties Total				June 30,2024
	Upto 30 days	31 to 90 days		91 to 180 days		181 days to 12 months	More than 12 months			Total
	3,922 $ 31,749,929 31,753,851 $		628 $ 127,434 128,062 $	- $ 119,603 119,603 $		- $ 153,016 153,016 $		- $ 88,002 88,002 $		4,550 $ 32,237,984
										32,242,534 $

~21~

==> picture [436 x 237] intentionally omitted <==

----- Start of picture text -----

December 31, 2023
91 to 180 181 days to More than 12
Up to 30 days 31 to 90 days days 12 months months Total
Accounts receivable
Accounts receivable
- related parties $ 3,767 $ 429 $ - $ - $ - $ 4,196
Accounts receivable
- non related parties 18,623,460 119,962 151,182 122,488 66,908 19,084,000
Total $ 18,627,227 $ 120,391 $ 151,182 $ 122,488 $ 66,908 $ 19,088,196
June 30, 2023
91 to 180 181 days to More than 12
Up to 30 days 31 to 90 days days 12 months months Total
Accounts receivable
Accounts receivable
- related parties $ 3,572 $ 603 $ - $ - $ - $ 4,175
Accounts receivable
- non related parties 25,667,309 60,264 57,145 95,735 84,015 25,964,468
Total $ 25,670,881 $ 60,867 $ 57,145 $ 95,735 $ 84,015 $ 25,968,643
----- End of picture text -----

Note ： The above ageing analysis was based on invoice date.

B. Information related to credit risk is provided in Note 12(2).

7) Other receivables

Other receivables
Interest receivable Dividends receivable Others Total	June 30,2024 8,604 $ 441,940 10,451 460,995 $	December 31,2023 7,029 $ - 7,405 14,434 $	June 30,2023
			14,566 $ 144,897 8,552
			168,015 $

Information relating to credit risk is provided in Note 12(2).

8) Other current assets

Other current assets
Pending settlements Pledged time deposits Deposits-in for foreign currency securities Underwriting share proceeds collected on behalf of customers Amounts held for each customer in the account Others Total	June 30,2024 292,757 $ 500,000 24,743 117,970 1,476,114 45,794 2,457,378 $	December 31,2023 282,289 $ 400,000 47,264 90,245 860,210 53,984 1,733,992 $	June 30,2023
			195,881 $ 400,000 385,219 46 426,518 25,075
			1,432,739 $

9) Transfer of financial assets

A. During the Company’s activities, the transferred financial assets that do not meet derecognition conditions are mainly debt instruments with purchase agreements or debt instruments lent out in accordance with securities borrowing and lending agreement. The cash flow of the contract has been transferred and related liabilities of transferred financial assets that will be repurchased at a fixed price in the future have been reflected. The Company may not use, sell or pledge the transferred financial assets during the valid period of the transaction. The financial assets were not derecognized as the Company is still exposed to interest rate risk and credit risk.

~22~

• B. Financial assets that do not meet the derecognition conditions and related financial

liabilities are analysed below:

iabilities are analysed below:	iabilities are analysed below:
Financial assets category Carrying amount of transferred financial assets Financial assets measured at fair value through profit or loss Repurchase agreement 12,535,554 $ Financial assets measured at fair value through other comprehensive income Repurchase agreement 3,067,591 December 31, 2023 June30,2024		Carrying amount of related financial liabilities
		11,700,978 $ 3,046,711 Carrying amount of related financial liabilities
Financial assets category Carrying amount of transferred financial assets Financial assets measured at fair value through profit or loss Repurchase agreement 17,723,768 $ Financial assets measured at fair value through other comprehensive income Repurchase agreement 2,651,447 Financial assets category Carrying amount of transferred financial assets Financial assets measured at fair value through profit or loss Repurchase agreement 6,342,400 $ Financial assets measured at fair value through other comprehensive income Repurchase agreement 2,788,075 June30,2023	Carrying amount of transferred financial assets
		16,573,700 $ 2,566,806 Carrying amount of related financial liabilities
		7,094,957 $ 2,820,079

10) Offsetting financial assets and financial liabilities

• A. The Company has transactions that are or are similar to net settled master netting arrangements but do not meet the offsetting criteria, i.e. derivative financial instruments, resale and repurchase agreements. If one party breaches the contract, the counterparty can choose to use net settlement for the above transactions.

(Blank below)

~23~

B. The offsetting of financial assets and financial liabilities are set as follows:

(1) Financial assets

June 30, 2024

Derivative financial instruments Bonds purchased under resale agreements Total Description		Gross amounts of recognised financial assets		Gross amounts of recognised financial liabilities set off in the balance sheet	Net amounts of financial assets presented in the balance sheet	Net amounts of financial assets presented in the balance sheet		Financial instruments Cash collateral received 3,074 $ - $ 20,301 - 23,375 $ - $ Not set off in the balance sheet	Net amount
								Financial instruments
		35,866 $ 20,803 56,669 $		- $ - - $ December 31,	35,866 $ 20,803 56,669 $ 2023			3,074 $ 20,301 23,375 $	32,792 $ 502
									33,294 $
Derivative financial instruments Description		Gross amounts of recognised financial assets		Gross amounts of recognised financial liabilities set off in the balance sheet		Net amounts of financial assets presented in the balance sheet		Financial instruments Cash collateral received 829 $ - $ Not set off in the balance sheet	Net amount
								Financial instruments
		829 $		- $ 829 $ June 30, 2023				829 $	- $
Derivative financial instruments Description		Gross amounts of recognised financial assets		Gross amounts of recognised financial liabilities set off in the balance sheet		Net amounts of financial assets presented in the balance sheet		Financial instruments Cash collateral received 1,758 $ - $ Not set off in the balance sheet	Net amount
		20,668 $		- $		20,668 $			18,910 $

~24~

(2) Financial liabilities

June 30, 2024

Derivative financial instruments Bonds sold under repurchase agreements Total Description		Gross amounts of recognised financial liabilities		Gross amounts of recognised financial assets set off in the balance sheet		Net amounts of financial liabilities presented in the balance sheet		Financial instruments Cash collateral received 3,074 $ - $ 12,297,175 - 12,300,249 $ - $ Not set off in the balance sheet	Net amount
								Financial instruments
		3,074 $ 12,297,175 12,300,249 $		- $ 3,074 $ - 12,297,175 - $ 12,300,249 $ December 31,2023				3,074 $ 12,297,175 12,300,249 $	- $ -
									- $
Derivative financial instruments Bonds sold under repurchase agreements Total Description		Gross amounts of recognised financial liabilities		Gross amounts of recognised financial assets set off in the balance sheet		Net amounts of financial liabilities presented in the balance sheet		Financial instruments Cash collateral received 829 $ - $ 13,998,281 - 13,999,110 $ - $ Not set off in the balance sheet	Net amount
								Financial instruments
		33,039 $ 13,998,281 14,031,320 $		- $ 33,039 $ - 13,998,281 - $ 14,031,320 $ June 30,2023				829 $ 13,998,281 13,999,110 $	32,210 $ -
									32,210 $
Derivative financial instruments Bonds sold under repurchase agreements Total Description		Gross amounts of recognised financial liabilities		Gross amounts of recognised financial assets set off in the balance sheet		Net amounts of financial liabilities presented in the balance sheet		Financial instruments Cash collateral received 1,758 $ - $ 7,189,423 - 7,191,181 $ - $ Not set off in the balance sheet	Net amount
								Financial instruments
		1,758 $ 7,189,423 7,191,181 $		- $ - - $		1,758 $ 7,189,423 7,191,181 $		1,758 $ 7,189,423 7,191,181 $	- $ -
									- $

~25~

11) Investments accounted for under the equity method

) Investments accounted for under the equity method
June 30,2024 December 31,2023 Subsidiaries President Futures Corp. 2,791,203 $ 2,699,883 $ President Securities (HK) Ltd. 857,959 810,334 President Capital Management Corp. 300,836 310,452 President Insurance Agency Corp. 69,199 65,304 PSC Venture Capital Investment Limited Company 254,152 246,211 4,273,349 4,132,184 Associates Uni-President Asset Management Corp. 763,095 796,561 Jin Yuan President Securities Co., Ltd. 2,618,792 2,615,717 7,655,236 $ 7,544,462 $	June 30,2023
	2,584,262 $ 816,389 306,349 56,744 281,327
	4,045,071
	679,010 2,640,526
	7,364,607 $

• A. The Company’s share of its associates’ profits or losses recognized in long-term equity investment accounted for under the equity method for the six months ended June 30, 2024 and 2023 were $319,110 and $226,299, respectively.

• B. Subsidiaries President Securities (HK) Ltd. and President Wealth Management (HK) Ltd. were approved by the board of directors in March 2022 to deal with the dissolution and liquidation matters, and the liquidation process are all currently in progress, of which President Wealth Management (HK) Ltd. had remitted all funds on account on April 27, 2023, for the subsequent liquidation process.

• C. President Securities (HK) Ltd. has completed the deregistration of securities trading-related licenses on March 27, 2024, and has no securities-related business activities.

• D. The Company holds 42.46% of the equity of Uni-President Asset Management Corp., making it the single largest shareholder of the company, while the other equity is mainly held by the other 19 shareholders. Half of the voting rights of the shareholders attending the shareholders’ meeting exceeds the voting rights of the Company, and the Company does not take an active role in the management of the company. This shows that the Company has no actual ability to direct relevant activities. The Company has no control over Uni-President Asset Management Corp., but has significant influence over it.

• E. Details of information of subsidiaries are provided in Note 4(3) of consolidated financial statements for the second quarter of 2024.

• F. The financial information of the Company’s principal associates is summarized as follows:

(a) The basic information of the associate that	(a) The basic information of the associate that	(a) The basic information of the associate that	are material to the Company is	are material to the Company is	are material to the Company is	as follows:
	Principal place				Nature of	Methods of
Companyname	of businesss	Shareholdingratio			relationship	measurement
			December 31,
		June 30,2024	2023	June 30,2023
Uni-President Asset Management Corp.	Taipei city	42.46%	42.46%	42.46%	Associate	Equity method
Jin Yuan President Securities Co., Ltd.	Xiamen	49%	49%	49%	Associate	Equity method

~26~

• (b) The summarized financial information of the associates that are material to the Company is as follows:

Balance sheet

Balance sheet
			Uni-President Asset Management Corp.
	June	30,	2024	December 31,2023			June 30,2023
Current assets	$	1,528,505		$	1,132,776	$		708,053
Non-current assets			900,283		822,436			815,147
Current liabilities	(		979,169)	(	443,166)	(		310,225)
Non-current liabilities	(		74,967)	(	58,583)	(		36,342)
Total net assets	$	1,374,652		$	1,453,463	$		1,176,633
Share in associate’s net assets	$		583,723	$	617,189	$		499,638
Goodwill and others			179,372		179,372			179,372
Carrying amount of the associate	$		763,095	$	796,561	$		679,010
			Jin Yuan	President Securities Co., Ltd.
	June	30,	2024	December 31,2023			June 30,2023
Current assets	$	7,024,441		$	5,641,883	$		7,061,605
Non-current assets			238,410		243,503			256,793
Current liabilities	(	1,872,512)		(	487,824)	(		1,878,386)
Non-current liabilities	(		45,864)	(	59,363)	(		51,183)
Total net assets	$	5,344,475		$	5,338,199	$		5,388,829
Share in associate’s net assets	$	2,618,792		$	2,615,717	$		2,640,526
Carrying amount of the associate	$	2,618,792		$	2,615,717	$		2,640,526
Statement of comprehensive income
			Uni-President Asset Management Corp.
			Six months ended Six			months ended
			June 30,		2024 June 30,			2023
Revenue		$		1,091,354 $				670,206
Profit for the period from continuing	operations	$			403,427 $			224,927
Other comprehensive income (loss) -	net of tax				34,013			8,895
Total comprehensive income (loss)		$			437,440 $			233,822
Dividends received from associates		$			219,218 $			167,751
			Jin Yuan President Securities Co.,Ltd.
			Six months ended Six			months ended
			June 30,		2024 June 30,			2023
Revenue		$			183,235 $			218,632
Loss for the period from continuing operations		($			138,296) ($			103,901)
Total comprehensive income (loss)		($			138,296) ($			103,901)

~27~

12) Property and equipment

January1			Six months ended June 30,2024	Six months ended June 30,2024	Six months ended June 30,2024	Six months ended June 30,2024
		Land	Buildings		Equipment	Leasehold improvements	Total
Cost Accumulated depreciation and impairment Total January 1 Additions Reclassifications Depreciation June 30 June 30		1,631,492 $ - 1,631,492 $ 1,631,492 $ - - - 1,631,492 $ Land	1,087,437 $ 527,009) ( 560,428 $ 560,428 $ 310 2,660 19,442) ( 543,956 $ Buildings		442,860 $ 181,738) ( 261,122 $ 261,122 $ 32,675 18,195 55,115) ( 256,877 $ Equipment	16,486 $ 9,299) ( 7,187 $ 7,187 $ 1,143 2,610 1,893) ( 9,047 $ Leasehold improvements	3,178,275 $ 718,046) ( 2,460,229 $ 2,460,229 $ 34,128 23,465 76,450) ( 2,441,372 $ Total
Cost Accumulated depreciation and impairment Total January1		1,631,492 $ - 1,631,492 $	1,088,318 $ 475,939 $ 20,239 $ 544,362) ( 219,062) ( 11,192) ( 543,956 $ 256,877 $ 9,047 $ Six months ended June 30,2023				3,215,988 $ 774,616) ( 2,441,372 $
		Land		Buildings	Equipment	Leasehold improvements		Total
Cost Accumulated depreciation and impairment Total January 1 Additions Reclassifications Depreciation June 30 June 30		1,573,570 $ - 1,573,570 $ 1,573,570 $ - - - 1,573,570 $ Land	1,050,881 $ 478,762) ( 572,119 $ 572,119 $ - 2,228 18,779) ( 555,568 $ Buildings		374,947 $ 115,969) ( 258,978 $ 258,978 $ 18,946 22,413 45,672) ( 254,665 $ Equipment	22,559 $ 14,116) ( 8,443 $ 8,443 $ 658 681 1,637) ( 8,145 $ Leasehold improvements	3,021,957 $ 608,847) ( 2,413,110 $ 2,413,110 $ 19,604 25,322 66,088) ( 2,391,948 $ Total
Cost Accumulated depreciation and impairment Total		1,573,570 $ - 1,573,570 $	1,051,719 $ 496,151) ( 555,568 $		397,988 $ 143,323) ( 254,665 $	15,795 $ 7,650) ( 8,145 $	3,039,072 $ 647,124) ( 2,391,948 $

• A. No interest was capitalized for property and equipment for the six months ended June 30, 2024 and 2023.

B. The information on property and equipment pledged or restricted as of June 30, 2024, December 31, 2023 and June 30, 2023 is described in Note 8.

~28~

－ 13) Leasing arrangements lessee

• A. The Company leases various assets including buildings, machinery and equipment, business vehicles and multifunction printers. Rental contracts are typically made for periods of 1 to 10 years. Lease terms are negotiated on an individual basis and contain a wide range of different terms and conditions. The lease agreements do not impose covenants, but leased assets may not be used as security for borrowing purposes.

• B. The carrying amount of right-of-use assets and the depreciation charge are as follows:

Buildings Transportation equipment (Business vehicles) Office equipment (Photocopiers) Total Buildings Transportation equipment (Business vehicles) Office equipment (Photocopiers) Total	June 30,2024 CarryingAmount 140,610 $ 10,824 2,830 154,264 $	December 31,2023 CarryingAmount 109,330 $ 12,975 3,988 126,293 $ Six months ended June 30, 2024		June 30,2023 CarryingAmount 117,683 $ 11,691 4,965 134,339 $ Six months ended June 30,2023
		Depreciation charge		Depreciation charge
		33,458 $ 2,710 1,158 37,326 $		31,696 $ 2,762 1,113 35,571 $

• C. For the six months ended June 30, 2024 and 2023, the additions to right-of-use assets amounted to $66,626 and $14,887, respectively.

• D. The information on income and expense accounts relating to lease contracts is as follows:

Items affecting profit or loss Interest expense on lease liabilities Expense on short-term lease contracts Expense on variable lease payment	Six months ended June 30,2024	Six months ended June 30,2023
	723 $ 1,992 51	476 $ 3,460 43

• E. For six months ended June 30, 2024 and 2023, the Company’s total cash outflow for leases amounted to $38,126 and $38,644, respectively.

• 14) Leasing arrangements – lessor

• A. The Company leases various assets including office and parking space. Rental contracts are typically made for periods of 1 to 5 years. Lease terms are negotiated on an individual basis and contain a wide range of different terms and conditions.

• B. For six months ended June 30, 2024 and 2023, the Company recognized rent income in the amounts of $9,230 and $12,351, respectively, based on the operating lease agreement, which does not include variable lease payments.

~29~

C. The maturity analysis of the lease payments under the operating leases is as follows:

2023 2024 2025 2026 2027 After 2028 Total	June 30,2024 - $ 9,099 15,862 15,522 14,899 13,005 68,387 $	December 31,2023 - $ 6,390 2,564 2,528 2,420 1,637 15,539 $	June 30,2023 12,300 $ 6,097 36 36 36 18 18,523 $

15) Investment property

) Investment property
January1		Six months ended June 30,2024
		Land Buildings Total 140,176 $ 72,533 $ 212,709 $ - 28,556) ( 28,556) ( 140,176 $ 43,977 $ 184,153 $ 140,176 $ 43,977 $ 184,153 $ - 711) ( 711) ( 140,176 $ 43,266 $ 183,442 $ Land Buildings Total 140,176 $ 72,533 $ 212,709 $ - 29,267) ( 29,267) ( 140,176 $ 43,266 $ 183,442 $ Six months ended June 30,2023
Cost Accumulated depreciation and impairment Total January 1 Depreciation June 30 June 30
Cost Accumulated depreciation and impairment Total January1
		Land Buildings Total 198,099 $ 107,076 $ 305,175 $ - 38,873) ( 38,873) ( 198,099 $ 68,203 $ 266,302 $ 198,099 $ 68,203 $ 266,302 $ - 1,050) ( 1,050) ( 198,099 $ 67,153 $ 265,252 $ Land Buildings Total 198,099 $ 107,076 $ 305,175 $ - 39,923) ( 39,923) ( 198,099 $ 67,153 $ 265,252 $
Cost Accumulated depreciation and impairment Total January 1 Depreciation June 30 June 30
Cost Accumulated depreciation and impairment Total

~30~

• A. For the six months ended June 30, 2024 and 2023, rental income from the lease of the investment property were $5,024 and $8,013, respectively, and direct operating expenses arising from the investment property were $1,260 and $1,839, respectively.

• B. Details of fair value of investment property are provided in Note 12(5).

16) Intangible assets

January1			Six months ended June 30,2024	Six months ended June 30,2024	Six months ended June 30,2024
	Computer software			Goodwill
Cost Accumulated amoritization and impairment Total January 1 Additions Reclassifications Amortization June 30 June 30	310,088 $ 122,301) ( 187,787 $ 187,787 $ 10,555 32,108 41,721) ( 188,729 $ Computer software			42,004 $ - 42,004 $ 42,004 $ - - - 42,004 $ Goodwill
Cost Accumulated amoritization and impairment Total January1	329,673 $ 140,944) ( 188,729 $
		Computer software		Goodwill	Customer relationships and others Total 54,260 $ 311,622 $ 54,217) ( 124,229) ( 43 $ 187,393 $ 43 $ 187,393 $ - 9,283 - 48,633 9) ( 30,883) ( 34 $ 214,426 $
Cost Accumulated amoritization and impairment Total January 1 Additions Reclassifications Amortization June 30	215,358 $ 70,012) ( 145,346 $ 145,346 $ 9,283 48,633 30,874) ( 172,388 $			42,004 $ - 42,004 $ 42,004 $ - - - 42,004 $

~31~

==> picture [480 x 123] intentionally omitted <==

----- Start of picture text -----

Six months ended June 30, 2023
Customer
Computer relationships
June 30 software Goodwill and others Total
Cost $ 266,654 $ 42,004 $ 54,260 $ 362,918
Accumulated amoritization and
impairment ( 94,266) - ( 54,226) ( 148,492)
Total $ 172,388 $ 42,004 $ 34 $ 214,426
----- End of picture text -----

• A. No interest was capitalized for intangible assets for the six months ended June 30, 2024 and 2023.

• B. Goodwill and customer relationships were acquired through acceptance of transfer of the securities brokerage business of Standard Chartered (Taiwan) Bank's retail banking business and were all allocated to the Company’s brokerage segment.

• C. The recoverable amount of goodwill was periodically determined based on its value in use. Calculations of value in use after-tax cash flow projections are based on financial budgets approved by the management covering a five-year period. Cash flows beyond the five-year period are extrapolated using the estimated growth rates stated below.

The recoverable amount calculated based on the value in use exceeded the carrying amount, thus the goodwill was not impaired. The key assumptions used for calculation of value in use are as follows:

follows:
	BrokerageSegment
Growth rate	2023 0.00%
Discount rate	12.68%

Management determined the growth rate based on past performance and its expectations of market development. The discount rates were based on the weighted average financing cost rates determined by the Company’s capital asset pricing model. The discount rates also reflect specific risks related to relevant operating segments.

17) Other non-current assets

) Other non-current assets
Operation guaranteed deposits Clearing and settlement fund Refundable deposits Net defined benefit assets Prepayment for equipment Overdue receivables Others Subtotal Less: Allowance for uncollectible accounts Total	June 30,2024 490,000 $ 218,796 450,981 - 53,447 3,611 2,500 1,219,335 3,611) ( 1,215,724 $	December 31,2023 505,000 $ 197,244 253,977 - 45,503 1,965 2,500 1,006,189 1,965) ( 1,004,224 $	June 30,2023
			505,000 $ 207,127 347,961 87,396 32,704 8,013 2,500
			1,190,701 8,013) (
			1,182,688 $

~32~

18) Short-term loans

) Short-term loans
June30,2024 December31,2023 Unsecured loans 11,773,070 $ 6,944,759 $ Secured loans 770,000 - Loans from other banks 292,050 - Total 12,835,120 $ 6,944,759 $	June30,2023
	9,880,294 $ 60,000 124,560 10,064,854 $

As of June 30, 2024, December 31, 2023 and June 30, 2023 the interest rates of short-term loans, including foreign interest rates were 1.775% ~ 5.770%, 1.650% ~ 5.910% and 1.650% ~ 5.850% respectively.

19) Commercial papers payable

respectively. ) Commercial papers payable
			June	30,2024		December 31, 2023		June 30, 2023
Face value		$		32,850,000	$	21,150,000	$	23,300,000
Less: Discount on commercial papers	payable	(		41,013)	(	19,066)	(	30,329)
Total		$		32,808,987	$	21,130,934	$	23,269,671

As of June 30, 2024, December 31, 2023 and June 30, 2023,the interest rates of commercial papers, including foreign interest rates were 1.680% ~ 2.030%, 1.460% ~ 1.580% and 1.400%~1.680%, respectively.

20) Financial liabilities at fair value through profit or loss - current

		June 30,2024		December 31,2023		June 30,2023
Investments in bonds under resale
agreements - short sales	$	94,720	$	-	$	-
Valuation adjustment of financial held for
trading	(	609)		-		-
Subtotal		94,111		-		-
Liabilities on sale of borrowed securities
- hedged		1,369,174		490,037		527,724
Valuation adjustment on liabilities on sale
of borrowed securities - hedged		55,545		27,380		12,535
Liabilities on sale of borrowed securities
- non-hedged		4,843,449		5,270,361		3,324,265
Valuation adjustment on liabilities on sale
of borrowed securities - non-hedged		492,112		389,037	(	22,875)
Subtotal		6,760,280		6,176,815		3,841,649
Issuance of call warrants		16,932,746		14,926,912		11,213,850
Loss (gain) on price fluctuation	(	988,695)	(	2,567,109)	(	365,489)
Market value (A)		15,944,051		12,359,803		10,848,361
Warrants redeemed	(	14,850,241)	(	13,268,465)	(	10,482,634)
Loss (gain) on price fluctuation		1,258,164		1,944,352		605,080
Market value (B)	(	13,592,077)	(	11,324,113)	(	9,877,554)
Warrants - net (A+B)		2,351,974		1,035,690		970,807
Options sold - TAIFEX		4,188		2,187		1,634
Outstanding Liability for Issuance of ETNs		357,978		492,775		780,398
Valuation adjustment on outstanding
Liability for Issuance of ETNs		112,869		59,115		15,809
Subtotal		470,847		551,890		796,207
Derivative financial liabilities - OTC		4,422,592		2,697,246		1,497,905
Total	$	14,103,992	$	10,463,828	$	7,108,202

~33~

Among the warrants issued by the Company, except for contract-based warrants which are Europeanstyle warrants, all other warrants are American-style warrants. Warrants are stated as liabilities for issuance of warrants at issuance price prior to expiration. Upon repurchase of warrants after issuance, the repurchased amounts are recognized as warrants repurchase and charged as a deduction to liabilities for issuance of warrants. The issuer has the option to settle either by cash or stock delivery.

21) Bonds sold under repurchase agreements

June 30, 2024 Government bonds 50,000 $ Corporate bonds 4,917,641 Bank debentures 100,000 International bonds 646,694 Foreign bonds 9,033,354 Total 14,747,689 $	December 31, 2023 June 30,2023 1,673,927 $ 966,749 $ 3,738,850 1,494,142 100,000 100,000 664,516 164,722 12,963,213 7,189,423 19,140,506 $ 9,915,036 $

The above bonds sold under repurchase agreements as of June 30, 2024, December 31, 2023 and June 30, 2023 were due within one year and were contracted to be repurchased at the agreed-upon price plus interest charge on the specific date after the transaction. The total repurchase amounts were $14,876,694, $19,322,093, and $10,005,853, respectively, and the annual interest rates in every currency were shown as follows:

currency were shown as follows:
Currency June 30, 2024 NTD 1.14%~1.56% Foreign currencies (Note) 3.75%~5.75% Note: Foreign currencies include AUD, EUR, USD, GBP and SGD.	December 31,2023 0.97%~1.41% 2.20%~5.80%	June 30,2023
		0.85%~1.40% 1.80%~5.50%

22) Accounts payable

Accounts payable
Settlement accounts payable - brokered trading Settlement proceeds Settlement accounts payable - operating Settlement accounts payable - foreign bonds Spot exchange payable, foreign currencies Others Total	June 30,2024 21,168,360 $ 1,093,439 4,957,769 4,088,332 126,907 538,882 31,973,689 $	December 31,2023 14,683,802 $ 838,340 244,238 977,154 37,386 274,677 17,055,597 $	June 30,2023
			15,508,325 $ 1,277,870 2,807,203 4,308,669 247,874 179,262
			24,329,203 $

23) Other payables

Other payables
Other financial liabilities-current Salary and bonus payable Employees’ and directors’ remuneration payable Dividends payable Others Total Principal guaranteed notes (PGN) - fixed income	June 30,2024 1,424,328 $ 261,390 1,921,697 718,685 4,326,100 $ June 30,2024 12,736,224 $	December 31,2023 1,270,266 $ 124,740 - 684,112 2,079,118 $ December 31,2023 5,224,019 $	June 30,2023
			933,932 $ 111,766 567,774 685,348
			2,298,820 $
			June 30,2023
			4,504,843 $

24) Other financial liabilities - current

The Company deals in equity-linked products and combines fixed income instruments with call or put options. These products are categorized into ELN (Equity-Linked Notes) and PGN (Principal Guaranteed Notes). On trade date, the contracted amounts are collected in full from the counterparties. The payout amount on maturity will depend on the price fluctuation of the instruments linked to these

~34~

contracts and be calculated as trading price less option strike price on maturity. All the linked products are financial instruments under the supervision of the SFB (Securities and Futures Bureau).

25) Other liabilities - non-current

) Other liabilities-non-current
June 30,2024 Guarantee deposits received 22,300 $ Net defined benefit obligation 40,436 Total 62,736 $	December 31, 2023 20,845 $ 60,301 81,146 $	June 30, 2023
		23,066 $ - 23,066 $

26) Pension plan

• A. Defined benefit plans

• (A)The Company has a defined benefit pension plan in accordance with the Labor Standards Law, covering all regular employees’ service years prior to the enforcement of the Labor Pension Act on July 1, 2005 and service years thereafter of employees who chose to continue to be subject to the pension mechanism under the Law. Pension benefits are based on the number of units accrued and the average monthly salaries and wages of the last 6 months prior to retirement. Under the defined benefit pension plan, two units are accrued for each year of service for the first 15 years and one unit for each additional year thereafter, subject to a maximum of 45 units. The Company contributes monthly an amount which ranges 7.2% of the employees’ monthly salaries and wages to the retirement fund deposited with Bank of Taiwan, the trustee, under the name of the supervisory committee of workers' retirement reserve fund, and with Cathay United Bank, under the name of the management committee of employees’ retirement fund. Also, the Company would assess the balance in the aforementioned labor pension reserve account by the end of December 31, every year. If the account balance is insufficient to pay the pension calculated by the aforementioned method, to the employees expected to be qualified for retirement next year, the Company will make contributions to cover the deficit by next March.

• (B)Under the defined benefit pension plan, the Company recognized the pension costs for the six months ended June 30, 2024 and 2023 in the statement of comprehensive income in the amounts of $1,153 and $111, respectively.

• (C)Expected contributions to the defined benefit pension plans of the Company for the year ending December 31, 2025 amount to $46,328.

• B. Defined contribution plans

Effective from July 1, 2005, the Company established a defined contribution plan pursuant to the “Labor Pension Act”, which covers employees with R.O.C. nationality and those who chose or are required to apply the “Labor Pension Act”. The contributions are made monthly based on not less than 6% of the employees’ monthly salaries and wages to the employees’ individual pension accounts at the Bureau of Labor Insurance. The payment of pension benefits is based on the employees’ individual pension fund accounts and the cumulative profit in such accounts. The employees can choose to receive such pension benefits monthly or in lump sum. The pension costs under defined contribution pension plans of the Company for the six months ended June 30, 2024 and 2023 were $38,818 and $34,069, respectively.

27) Equity

A. Common stock

As of June 30, 2024, the Company’s authorized capital was $15,000,000 with a par value of $10

~35~

(in dollars) per share. As of June 30, 2024, December 31, 2024 and June 30, 2023, the common stocks issued and the outstanding common stocks were all 1,455,831 thousand shares.

B. Capital reserve

Capital reserve
June 30, 2024 December 31, 2023 June 30, 2023	Share premium	Treasury share transactions	Expired stock options	Difference between consideration and carrying amount of subsidiaries acquired or disposed	Total
	24,663 $ 24,663 $ 24,663 $	65,675 $ 65,675 $ 65,675 $	483 $ 483 $ 483 $	440 $ 440 $ 440 $	91,261 $ 91,261 $ 91,261 $

Pursuant to the R.O.C. Company Law, capital reserve arising from paid-in capital in excess of par value on issuance of common stocks and donations can be used to cover accumulated deficit or to issue new stocks or cash to shareholders in proportion to their share ownership, provided it should not exceed 10% of the paid-in capital each year. Capital reserve should not be used to cover accumulated deficit unless the legal reserve is insufficient.

• C. Legal reserve

Under the Company’s Articles of Incorporation, the current year’s earnings, if any, shall first be used to pay all taxes and offset prior years’ operating losses and then 10% of the remaining amount shall be set aside as legal reserve. Except for covering accumulated deficit or issuing new stocks or cash to shareholders in proportion to their share ownership, the legal reserve shall not be used for any other purpose. The use of legal reserve for the issuance of stocks or cash to shareholders in proportion to their share ownership is permitted, provided that the balance of the reserve exceeds 25% of the Company’s paid-in capital.

• D. Special reserve

In accordance with the “Rules Governing the Administration of Securities Firms”, 20% of the current year's earnings, after paying all taxes and offsetting prior years' operating losses and plus the items other than the after-tax net profit for the period, that are included in the unappropriated earnings of the period, if any, shall be set aside as special reserve until the cumulative balance equals the total amount of paid-in capital. The special reserve shall be used exclusively to cover accumulated deficit or to increase capital and shall not be used for any other purpose. Such capitalization shall not be permitted unless the Company had already accumulated a special reserve of at least 25% of its paid-in capital stock and only a quarter of such special reserve may be capitalized.

In accordance with the regulations, the Company shall set aside an equivalent amount of special reserve from accumulated unappropriated retained earnings of the current year based on the decreased amount of equity. If there is any subsequent reversal of the decrease in equity, the earnings may be distributed based on the reversal proportion.

In accordance with Jing-Guan-Zheng-Chuan Letter No. 10500278285 dated August 5, 2016, securities firms should set aside 0.5% to 1% of net income after tax as special reserve, upon the distribution of earnings from 2016 to 2018. From fiscal year 2017, special reserve as mentioned above may be reversed based on an amount equal to employees’ transformation training expenditure, employee transfer and settlement expenditure arising from the development of

~36~

Fintech. Further, according to Jing-Guan-Zheng-Chuan Letter No. 1080321644 dated July 10, 2019, securities firms are no longer required to set aside special reserve starting from 2019. And the special reserve, within the balance of special reserve set aside in the previous years, could be reversed at the same amount for the aforementioned expenditures.

• 28) Unappropriated earnings and dividends policy

• A. Under the Company’s Articles of Incorporation, the current year’s earnings, if any, shall be used to pay all taxes and offset prior years’ operating losses first, and then set aside as legal reserve, accounted for as 10% of the remaining amount, and special reserve, accounted for as 20% of the remaining amount. Upon provision or reversal of special reserve in accordance with the law, any remaining amount together with unappropriated earnings at beginning of the period shall be distributed according to the following resolution adopted at the stockholders’ meeting: Distribution shall not be made if the balance of distributable earnings is less than 5% of paid-in capital.

• B. In addition, the total amount of dividends declared every year shall be at least 70% of distributable earnings, of which stock dividends shall be at least 50% and cash dividends shall be lower than 50%.

• C. The Company may determine a better proportion of cash and stock dividends distribution based on its actual operating conditions and capital utilization plan for the following year.

• D. The earnings distribution for 2023 and 2022 as resolved by the stockholders’ meeting on June

  • 27, 2024 and May 31, 2023. Details are as follows:

Brokerage handling fee revenue Amount Dividends per share (in dollars) Amount Dividends per share (in dollars) Provision of legal reserve 274,762 $ 81,278 $ Provision of special reserve 549,522 162,557 Cash dividends 1,921,697 1.32 $ 567,774 0.39 $ 2,745,981 $ 811,609 $ Year ended December 31,2023 Year ended December 31,2022 Six months ended June 30,2024 Six months ended June 30,2023 Revenues from brokered trading - TWSE 1,371,342 $ 830,329 $ Revenues from brokered trading - OTC 425,938 307,328 Others 141,108 66,866 Total 1,938,388 $ 1,204,523 $		Year ended December 31,2023	Year ended December 31,2023	Year ended December 31,2023		Year ended December 31,2022	Year ended December 31,2022	Year ended December 31,2022	Year ended December 31,2022
		Amount				Amount			Dividends per share (in dollars)
				1,371,342 $ 425,938 141,108 1,938,388 $				830,329 $ 307,328 66,866 1,204,523 $

29) Brokerage handling fee revenue

~37~

30) Revenues from underwriting business

Revenues from underwriting securities on a firm commitment basis Others Total

	Six months ended		Six months ended
	June 30,2024		June 30,2023
$	28,092	$	21,838
	36,217		27,769
$	64,309	$	49,607

31) Net gain (loss) on sale of trading securities

Dealers: -TAIEX -OTC -Overseas trading Subtotal Underwriters: -TAIEX -OTC Subtotal Hedging: -TAIEX -OTC -Overseas trading Subtotal Total

Six months ended June 30,2024		Six months ended June 30,2023
2,339,903 $ 515,769 360,500 3,216,172 25,031 48,579 73,610 2,077,328 541,889 28,565 2,647,782 5,937,564 $	531,408 $ 243,547 22,952 797,907 4,886 95,856 100,742 53,662 1,483) ( 125) ( 52,054 950,703 $

32) Interest revenue

Net valuation gain (loss) on operating securities at fair Interest income from margin loans Interest income from bonds Others Total	Six months ended June 30,2024		Six months ended June 30,2023
			loss 308,540 $ 233,540 53,794 595,874 $ Six months ended June 30,2023
Gain (loss) on sale of securities - dealer Gain (loss) on sale of securities - underwriting Gain (loss) on sale of securities - hedging Total	Six months ended June 30,2024
	1,945,489 $ 94,661 1,216,047 3,256,197 $		173,734 $ 113,094 239,060 525,888 $

33) Net valuation gain (loss) on operating securities at fair value through profit or loss

~38~

34) Net gain (loss) on covering of borrowed securities and bonds with resale agreements - short sales

Gain (loss) from the bond investments under resale agreements Gain (loss) from securities borrowing transactions Gain (loss) from covering Total	Six months ended June 30,2024 Six months ended June 30,2023 $ 98 $ - ( 609,968) 59,856 (12,913) (99,080) 622,783) ($ 39,224) ($

35) Net valuation gain (loss) on borrowed securities and bonds with resale agreements-short sales at fair value through profit or loss

	value through profit or loss
36)	Net gain (loss) from issuance of call (put) warrants Valuation gain (loss) from securities borrowing transactions Valuation gain (loss) from covering Valuation gain (loss) from the bond investments under resale agreements Total Net gain (loss) on changes in fair value of call (put) warrant liabilities and redemption Net gain (loss) on exercise of call (put) warrants before maturity Expenses arising out of issuance of call (put) warrants Total	Six months ended June 30,2024	Six months ended June 30,2023 895,043) ($ 54,528) ( - 949,571) ($ Six months ended June 30,2023
		101,733) ($ 29,507) ( 585 130,655) ($ Six months ended June 30,2024
		458,664) ($ 138,905) ( 301,085) ( 898,654) ($	56,132) ($ 20,531) ( 171,110) ( 247,773) ($

37) Net gain (loss) from derivatives

Net gain (loss) from derivatives before maturity Expenses arising out of issuance of call (put) warrants Total	138,905) ( 301,085) ( 898,654) ($	20,531) ( 171,110) ( 247,773) ($
Futures contract gain (loss) Option trading gain (loss) OTC option trading gain (loss) Net gain (loss) on foreign exchange derivatives Asset SWAP Others Total	Six months ended June 30,2024	Six months ended June 30,2023
	2,816,666) ($ 31,086) ( 828,152) ( 147,939 567,657) ( 120,741) ( 4,216,363) ($	603,443) ($ 15,159 25,664) ( 85,486 136,105) ( 44,842) ( 709,409) ($

~39~

38) Expected credit impairment loss and reversal of impairment gain

Other operating income Impairment (loss) and reversal of impairment gain Recovery of bad debts Total Income from securities lending Net currency exchange gain (loss) Handling fee revenues from funds Others Total		Six months ended June 30,2024	Six months ended June 30,2023
		17,417 $ 412 17,829 $ Six months ended June 30, 2024	8,139) ($ 738 7,401) ($ Six months ended June 30,2023 197,252 $ 19,919 38,709 4,177 260,057 $
		192,815 $ 133,283 49,030 26,682 401,810 $

39) Other operating income

40) Handling charges

Handling charges
Brokerage handling fee expense Dealer handling fee expense Refinancing processing fee expense Total		Six months ended June 30,2024 181,961 $ 104,378 737 287,076 $	Six months ended June 30, 2023
			117,388 $ 61,852 878 180,118 $

41) Financial costs

Financial costs
Interest expense from repurchase agreements Loans interest expense Other interest expense Total	Six months ended June 30, 2024		Six months ended June 30,2023
	319,699 $ 338,620 45,983 704,302 $		183,296 $ 148,342 27,409 359,047 $

42) Employee benefits expense

Employee benefits expense
Salaries Labor and health insurance Pension Other employee benefits Total		Six months ended June 30,2024 1,840,749 $ 83,888 39,971 66,874 2,031,482 $	Six months ended June 30, 2023
			1,204,779 $ 72,798 34,180 53,330 1,365,087 $

A. In accordance to the Company’s Article of Incorporation, the remainder of the year-end income before taxes less income before appropriating employees’ compensation and directors’

~40~

remuneration, if any, shall appropriate an employees’ compensation no less than 1.6% and directors’ remuneration no more than 2%. However, when the Company has an accumulated deficit, earnings to cover the deficit shall first be retained before appropriating employees’ compensation and directors’ remuneration.

• B. For the six months ended June 30, 2024 and 2023, employees’ compensation was accrued at $68,325 and $36,869, respectively; directors’ remuneration was accrued at $68,325 and $36,869, respectively. The aforementioned amounts were recognized in salary expenses.

• C. For the six months ended June 30, 2024, employees’ compensation was estimated at 2% and directors’ remuneration at 2%, based on the period-end income before taxes less income before appropriating employees’ compensation and directors’ remuneration.

• D. The actual distributed amount of employees’ and directors’ remuneration for 2023 as resolved by the Board of Directors was in agreement with the estimates in the 2023 financial statements.

• E. Information on the appropriation of the Company’s earnings as resolved by the Board of Directors would be posted in the “Market Observation Post System” on the Taiwan Stock Exchange Official website.

43) Depreciation and amortization

website. Depreciation and amortization
Other operating expenses Depreciation Amortization Total Taxes Security lending expenses Computer information expenses TDCC service fee Postage Others Total		Six months ended June 30, 2024		Six months ended June 30,2023
		114,487 $ 41,730 156,217 $ Six months ended June 30,2024		102,709 $ 30,883 133,592 $ Six months ended June 30,2023
		539,239 $ 111,963 90,049 66,931 41,631 205,525 1,055,338 $		335,561 $ 125,811 73,131 42,039 39,019 196,404 811,965 $

44) Other operating expenses

45) Other gains and losses

Other gains and losses TDCC service fee Postage Others Total	66,931 41,631 205,525 1,055,338 $	42,039 39,019 196,404 811,965 $
Financial income Net gain (loss) on disposal of investments Net gain (loss) on valuation of non-operating financial instruments Other non-operating revenues Total	Six months ended June 30,2024	Six months ended June 30,2023
	32,825 $ 16,903 2,878) ( 75,329 122,179 $	37,086 $ 973) ( 2,795) ( 80,352 113,670 $

~41~

46) Income tax

A. Income tax expense

(a) Components of income tax expense:

e tax ome tax expense Components of income tax expense:
Current tax: Current tax on profits for the periods Prior year income tax underestimation (overestimation) Tax on undistributed surplus earnings Total current tax Deferred taxes: Origination and reversal of temporary differences Total deferred taxes Income tax expense	Six months ended June 30,2024	Six months ended June 30,2023
	175,769 $ 6,679) ( 82 169,172 40,776 40,776 209,948 $	127,894 $ 7,465) ( 59 120,488 21,201 21,201 141,689 $

• B. As of June 30, 2024, the Company’s income tax returns through 2019 have been assessed and approved by the National Tax Authority.

• C. With respect to the income tax returns of the Company for 2019, the Tax Authority assessed to increase income tax payable by $2,222. The Company disagreed with the assessments and had filed for administrative remedy and had recognized the income tax expense based on the assessment.

47) Earnings per share

assessment. ) Earnings per share
Basic earnings per share Net income attributable to common shareholders Dilutive effect of common stock equivalents Employee bonus Basic earnings per share Net income attributable to common shareholders Dilutive effect of common stock equivalents Employee bonus		Six	Weighted-average outstanding common shares(In thousands) Earnings per share (In dollars) months ended June 30,2024
		Amount after tax		Weighted-average outstanding common shares(In thousands)
		3,069,644 $ - 3,069,644 $ Six	1,455,831 2.11 $ 2,320 1,458,151 2.11 $ Weighted-average outstanding common shares(In thousands) Earnings per share (In dollars) months ended June 30,2023
		Amount after tax		Weighted-average outstanding common shares(In thousands)
		1,628,023 $ - 1,628,023 $		1,455,831 2,119 1,457,950		1.12 $ 1.12 $

~42~

7. RELATED PARTY TRANSACTIONS

1) Names and relationships of related parties

Names of related partiespartiesarties

Names of related partiespartiesarties Relationship with the Company Uni-President Enterprises Corp. Entity having significant influence on the Company President Capital Management Corp. Subsidiary of the Company PSC President Futures Corp. Subsidiary of the Company PSC President Securities (HK) Ltd. Subsidiary of the Company PSC Associates President Insurance Agency Corp. Subsidiary of the Company PSC PSC Venture Capital Investment Subsidiary of the Company PSC Limited Company President Wealth Management (HK) Ltd. Subsidiary of the Company PSC Uni-President Asset Management Corp. Associate President Tokyo Co., Ltd. Other related party President Tokyo Auto Leasing Co., Ltd. Other related party ScinoPharm Taiwan, Ltd. Other related party Ton Yi Industrial Corp. Other related party President Chain Store Corp. (PCSC) Other related party Presco Netmarking, Inc. Other related party President Professional Baseball Team Co., Ltd. Other related party Qware Systems & Services Corp. Other related party Tung Ho Development Co., Ltd. Other related party Funds managed by Uni-President Asset Security investment trust fund raised by the Management Corp. Uni-President Asset Management Corp.

2) Significant related party transactions and balances

A. Futures guarantee deposits receivable

Futures guarantee deposits receivable
Subsidiary of the Company PSC: President Futures Corp.		June 30,2024	December 31, 2023		June 30,2023
		4,300,065 $	4,311,941 $		5,573,993 $

(Blank below)

~43~

B. Accounts receivable

C. D. E.	Prepayments Other receivables Lease transactions－lessee Entity having significant influence on the company: Uni-President Enterprises Corp. Subsidiary of the Company PSC: President Futures Corp. Associate: Uni-President Assets Management Corp. Other related party: ScinoPharm Taiwan, Ltd. Ton Yi Industrial Corp. President Chain Store Corp. (PCSC) Others Total Other related party: Qware Systems & Services Corp. Tung Ho Development Co., Ltd. President Chain Store Corp. (PCSC) Presco Netmarketing Co., Ltd. Others Total Subsidiary of the Company PSC: President Futures Corp. Others Associate: Uni-President Assets Management Corp. Other related party: Others Total		June 30,2024 334 $ 3,005 110 375 100 504 122 4,550 $ June 30,2024	June 30,2024 334 $ 3,005 110 375 100 504 122 4,550 $ June 30,2024	December 31,2023 332 $ 3,005 - 322 - 434 103 4,196 $ December 31, 2023	December 31,2023 332 $ 3,005 - 322 - 434 103 4,196 $ December 31, 2023	June 30,2023 744 $ 2,740 10 375 - 221 85 4,175 $ June 30,2023 7,376 $ 600 243 7 18 8,244 $ June 30,2023	June 30,2023 744 $ 2,740 10 375 - 221 85 4,175 $ June 30,2023 7,376 $ 600 243 7 18 8,244 $ June 30,2023
			$	5,096 600 158 121 26 6,001 June 30,2024	$	4,682 600 157 121 18 5,578 December 31,2023	$
			$		$		$
				$ 228,503 18 219,288 18		$ 334 16 4 -		$ 146,053 26 - 23 146,102 $
				447,827 $		354 $

(A) The Company leases business vehicles and multifunction printers, etc., from President Tokyo Co., Ltd. Rental contracts are typically made for periods of 1 to 5 years. Rents are paid monthly.

~44~

(B) Right-of-use assets:

a. Acquisition of right-of-use assets:

(B) Right-of-use assets: a. Acquisition of right-of-use assets:	(B) Right-of-use assets: a. Acquisition of right-of-use assets:	(B) Right-of-use assets: a. Acquisition of right-of-use assets:
b. Disposition of right-of-use assets: (C) Lease liabilities a. Lease liabilities–current b. Lease liabilities–non-current c. Financial costs d. Net gain from lease modification F. Refundable deposits Six months ended June 30,2024 Year ended December 31,2023 Other related party: President Tokyo Co., Ltd. 1,888 $ 5,619 $ Six months ended June 30,2024 Year ended December 31,2023 Other related party: President Tokyo Co., Ltd. 2,659 $ 1,290 $ June 30,2024 December 31, 2023 Other related party: President Tokyo Co., Ltd. 5,665 $ 6,430 $ President Tokyo Auto Leasing Co., Ltd. 749 747 Total 6,414 $ 7,177 $ June 30,2024 December 31,2023 Other related party: President Tokyo Co., Ltd. 6,444 $ 8,609 $ President Tokyo Auto Leasing Co., Ltd. 1,070 1,445 Total 7,514 $ 10,054 $ Six months ended June 30,2024 Other related party: President Tokyo Co., Ltd. 73 $ $ President Tokyo Auto Leasing Co., Ltd. 6 Total 79 $ $ Six months ended June 30,2024 Other related party: President Tokyo Co., Ltd. 10 $ $ June 30,2024 December 31,2023 Subsidiary of the Company PSC: President Futures Corp. 34,000 $ 34,000 $				Six months ended June 30,2024						Year ended December 31,2023
				1,888 $ Six months ended June 30,2024 2,659 $ June 30,2024						5,619 $
										Year ended December 31,2023
										1,290 $
										December 31, 2023
				5,665 $ 749 6,414 $ June 30,2024						6,430 $ 747
										7,177 $
										December 31,2023
				$						8,609 $ 1,445
				$						10,054 $
						73 $ 6 79 $ Six months ended June 30,2024						$		58 9 67 Six months ended June 30,2023
												$
						$						$		1 June 30,2023 34,000 $
		34,000 $						34,000 $

~45~

G. Equity for each customer in the account

H. Accounts payable I. Guarantee deposit received J. Handling fee revenue Terms of handling fee revenue mentioned above are similar to those of t parties. K. Futures commission income June 30,2024 December 31,2023 Subsidiary of the Company PSC: President Futures Corp. 9,852 $ 8,126 $ June 30,2024 December 31,2023 Subsidiary of the Company PSC: President Futures Corp. 1,914 $ 1,728 $ Other related party: President Tokyo Co., Ltd. 49 12 Presco Netmarking, Inc. 154 125 Other - - Total 2,117 $ 1,865 $ June 30,2024 December 31,2023 Subsidiary of the Company PSC: President Futures Corp. $ 16,137 $ 16,137 Others 854 807 Associate: Uni-President Assets Management Corp. 1,497 1,435 Other related party: President Tokyo Co., Ltd. - - Total 18,488 $ 18,379 $ Six months ended June 30,2024 Subsidiary of the Company PSC: Others $ 1 Security investment trust fund raised by the Uni-President Asset Management Corp.: Funds managed by Uni-President Asset Management Corp. 114,340 Other related party: Others 872 Total 115,213 $ Six months ended June 30,2024 Subsidiary of the Company PSC: President Futures Corp. 17,905 $		June 30,2024 9,852 $ June 30,2024		December 31,2023 8,126 $ December 31,2023	ransactions with third June 30,2023 19,564 $ June 30,2023 1,420 $ 412 - 63 1,895 $ June 30,2023 $ 16,137 807 1,044 1,418 19,406 $ Six months ended June 30,2023 $ 5 41,644 756 42,405 $ Six months ended June 30,2023 15,087 $
		1,914 $ 49 154 - 2,117 $ June 30,2024

~46~

L. Net gain (loss) on wealth management-trust	income from sales of funds	income from sales of funds
		Six months ended		Six months ended
		June 30,2024		June 30,2023
Associates:
Uni-President Assets Management Corp.	$	14,100	$	7,121
The revenues were collected on a monthly basis in accordance with contract terms.
M. Other operating income-handling fee revenues from underwriting fund
		Six months ended		Six months ended
		June 30,2024		June 30,2023
Associates:
Uni-President Assets Management Corp.	$	47,644	$	37,676

The revenues were collected on a monthly basis in accordance with contract terms.

N. Other income – others

Other income–others
Rent income Six months ended June 30,2024 Six months ended June 30,2023 Associates: Uni-President Assets Management Corp. 680 $ 240 $ Period Deposit Six months ended June 30,2024 Six months ended June 30,2023 Subsidiary of the Company PSC: President Capital Management Corp. 2019.04.01~2029.03.31 664 $ $ 1,973 $ 1,918 Others 327 1,237 1,256 Associates: Uni-President Assets Management Corp. 2016.01.01~2028.08.31 1,497 4,719 3,427 Other related party: President Tokyo Co., Ltd. 2019.04.01~2023.08.31 - - 4,471 Total 7,929 $ 11,072 $		Six months ended June 30,2024				Six months ended June 30,2023
		$				$		240 Six months ended June 30,2023
			Deposit 664 $ 327 1,497 -
					$ 1,973 1,237 4,719 - 7,929 $			$ 1,918 1,256 3,427 4,471 11,072 $

O. Rent income

Rental income mentioned above is derived from leasing part of the Company’s office space and business premises to various related parties and calculated as agreed by both parties. Lease payments are collected on schedule in accordance with the terms of the lease contracts.

P. Revenues from underwriting business

Revenues from underwriting business
Entity having significant influence on the company: Uni-President Enterprises Corp.	Six months ended June 30,2024 $75	Six months ended June 30,2023
		$2,800

~47~

Q. Stock custodian income

Q. Stock custodian income	Q. Stock custodian income	Q. Stock custodian income	Q. Stock custodian income	Q. Stock custodian income
Terms of stock custodian income mentioned above are similar to third parties. R. Other operating expenses-Other S. Clearing charges-futures T. Other non-operating expenses-other Six months ended June 30,2024 Six months ended June 30,2023 Entity having significant influence on the company: Uni-President Enterprises Corp. 2,053 $ 2,169 $ Subsidiary of the Company PSC: Others 38 38 Associate: Uni-President Assets Management Corp. 75 75 Other related party: ScinoPharm Taiwan, Ltd. 1,144 1,157 Ton Yi Industrial Corp. 632 629 President Chain Store Corp. (PCSC) 1,421 1,285 Others 371 343 Total 5,734 $ 5,696 $ Six months ended June 30,2024 Six months ended June 30,2023 Subsidiary of the Company PSC: President Capital Management Corp. 25,322 $ 25,200 $ Other related party: President Tokyo Co., Ltd. 99 32 Presco Netmarking, Inc. 599 837 President Professional Baseball Team Co., Ltd. 2,310 2,310 Total 28,330 $ 28,379 $ Six months ended June 30,2024 Six months ended June 30,2023 Subsidiary of the Company PSC: President Futures Corp. 12,256 $ 8,886 $ Six months ended June 30,2024 Six months ended June 30,2023 Other related party: President Tokyo Co., Ltd. 243 $ - $
		25,322 $ 99 599 2,310 28,330 $ Six months ended June 30,2024		25,200 $ 32 837 2,310 28,379 $ Six months ended June 30,2023 8,886 $ Six months ended June 30,2023 - $
		12,256 $ Six months ended June 30,2024
		243 $

~48~

U. Purchases of trading securities – dealer

Purchases of trading securities–dealer
Entity having significant influence on the company: Uni-President Enterprises Corp. Security investment trust fund raised by the Uni-President Asset Management Corp.: Funds managed by Uni-President Asset Management Corp. Other related parties: President Chain Store Corp. Total Entity having significant influence on the company: Uni-President Enterprises Corp. Security investment trust fund raised by the Uni-President Asset Management Corp.: Funds managed by Uni-President Asset Management Corp. Other related parties: President Chain Store Corp. Other Total Entity having significant influence on the company: Uni-President Enterprises Corp. Security investment trust fund raised by the Uni-President Asset Management Corp.: Funds managed by Uni-President Asset Management Corp. Other related parties: President Chain Store Corp. Other Total				June 30,2024
		Ending Shares (In thousands)
		Ending Shares (In thousands)
		136 9 - Ending Shares (In thousands) 122 5 -

~49~

V. Compensation of key management personnel

The compensation of key management such as directors, general managers, vice general managers were as follows:

ere as follows:
		Six months ended		Six months ended
		June 30, 2024		June 30,2023
Salary and short-term employee benefits	$	101,666	$	65,970
Retirement benefits		578		452
Other long-term employee benefits		-		-
Termination benefits		-		-
Share-based payments		-		-
Total	$	102,244	$	66,422

8. PLEDGED ASSETS

The Company’s assets pledged or restricted for use were as follows:

Assets	June30,2024 1,650,000 $ 45,100 6,420,648 689,238 100,000 3,177,575 118,738 500,000 50,000 1,083,009 490,000	December31,2023 June30,2023 3,735,000 $ 1,500,000 $ 1,600,200 900,000 11,159,717 4,680,404 725,479 174,969 100,000 100,000 2,712,153 3,000,400 91,001 777 400,000 400,000 50,000 50,000 1,085,689 1,088,369 505,000 505,000	Purposes
Trading securities (par value) - Corporate bonds - Government bonds - Overseas bonds - International bonds - Bank debentures Financial assets at fair value through other comprehensive income - current - Overseas bonds (par value) Other current assets - Pledged demand deposits - Pledged time deposits - Government bonds (par value) Property and equipment - Land and buildings (book value) Pledged time deposits (stated as other non-current asset) - Operating guarantee deposits Financial assets at fair value through profit or loss - current Financial assets at fair value through profit or loss - non-current			Securities for bonds sold under repurchase agreements Securities for bonds sold under repurchase agreements Securities for bonds sold under repurchase agreements Securities for bonds sold under repurchase agreements Securities for bonds sold under repurchase agreements Securities for bonds sold under repurchase agreements Collections on behalf of third parties and reimbursement for wages and stocks Securities for short-term loans and guarantees for issuance of commercial papers Trust fund deposit-out Securities for short-term loans and guarantees for issuance of commercial papers Security deposits

9. SIGNIFICANT COMMITMENTS

None.

10. SIGNIFICANT LOSS FROM NATURAL DISASTER

None.

11. SIGNIFICANT SUBSEQUENT EVENT

None.

~50~

12. OTHER

1) Management objective and policy of financial risks

• A. Risk management objective

The Company continually strengthens risk culture to every employee and makes sure that the Company can actively develop various businesses under a healthy and effective risk management system. At the same time, by creating value of an entity and continually increasing profit, profit maximization may be achieved within appropriate risk tolerance.

• B. Risk management system

• In order to ensure the completeness of risk management system, run the balancing mechanism of risk management, and improve the division efficiency of risk management, the Company sets up “Risk Management Policy”. Such policy aims to establish internal system compliance and the guiding tools for policies communication within the Company and enable every layer of the Company engaged in different tasks to identify, evaluate, monitor, and control various risks with establishment of consistent compliance rules for risks of each business so that the risks can be controlled within the limits set in advance.

• The Company’s risk management system covers risks incurred from businesses in and off the balance sheet, such as market risk, credit risk, liquidity risk, operating risk, legal risk, model risk, reputation risk and climate risk, which are all included in the risk management.

• C. Risk management organization

• Risk management organization: Board of Directors, Risk Management Committee, Risk Control Office, Business units and other related segments (such as Office of Auditing, Office of General Manager, Compliance segment, Legal segment, Finance segment, Settlement segment and General Affair segment) are in charge of planning, supervising and execution.

• (A) The Board of Directors should ensure the effectiveness of risk management and be responsible for the ultimate result and the following duties:

  • a. To establish proper risk management system, operating process, and risk management culture in the Company with allocation of necessary resource for better execution and operation.

  • b. Policy of risk management review.

  • c. Review and approval of business application, transaction authorization and risk limit.

• (B) The Risk Management Committee reports to the Board of Directors and is responsible for the following:

  • a. Review risk management policy.

  • b. Review the highest risk tolerance.

  • c.Submit regular reports to the Board of Directors in relation to the risk management status of the whole Company.

• (C) The General Manager supervises daily risk management of the entire Company and is responsible for the following:

  • a. Supervise and monitor daily risk management of the entire Company.

  • b. Approval of management exceptions.

• (D) Assets and Liabilities Committee reports to the General Manager and is responsible for the following:

  • a. Set up the ultimate guidelines for assets and liabilities management of the entire Company.

  • b. Analyze and control the entire Company’s assets and liabilities portfolio.

  • c. Approval of various businesses’ quotas.

  • d. Gather and analyze information on domestic and offshore interest rate, exchange rate, prosperity fluctuation, political and economic environmental changes, and predict the financial trend in the future.

~51~

• (E) Risk Control Office implements risk management policy and related regulations and reports to the Risk Management Committee. Risk Control Office also reports daily risk management to the General Manager and is responsible for the following:

  • a. Establish Risk Management Policy of the entire Company.

  • b. Develop effective method for measurement and risk management in an entity.

  • c. Review risk management system of business units.

  • d. Generate risk report through information gathering and consolidation.

  • e. Analyze various business risks and report to the General Manager.

  • f. Report the risk management situation to the Risk Management Committee according to a meeting’s nature and needs.

  • g. Carry out duties as designated by the Risk Management Committee and control risks of business units.

• (F) Auditing Office is responsible for the following:

  • a. Execute operating risk control.

  • b. Include the risk management system into internal audit program and carry out the daily audit schedule.

  • c. Assess the effectiveness of internal control and verify the executed result.

• (G) Compliance segment and legal segment under the Office of General Manager are responsible for the following:

  • a. Compliance segment should make sure that the business operation and risk management system are in compliance with relevant regulations.

  • b. Legal segment is responsible for legal risk control.

  • c. Compliance segment also provides services of Anti-Money Laundering and Counter Terrorism Financing, including designs specification and internal control, establishes transaction monitoring, oversees the effective implementation of business units, conducts the employee training and reports any suspicion of money laundering.

• (H) Finance segment is responsible for the following:

  • a. Verify the correctness of position information and reasonability of profit and loss calculation.

  • b. Control and analyze self-owned capital adequacy ratio.

  • c. Analyze the appropriateness of structures of the assets and liabilities.

• (I) Business units are responsible for the following:

  • a. Set up risk management details of various businesses according to the risk management policy and other related regulations.

  • b. Provide sufficient position information and risk control information to the Risk Control Office.

• (J) Settlement division is responsible for the following:

  • a. Clearing and settlement; risk control and management of margin purchase and short sale of securities.

  • b. Risk control and management of trading middle office and enforcement of rules governing risk management of business segments.

• (K) General Affair segment is responsible for the following:

  • a. Verify and manage greenhouse gas.

  • b. Sustainable resources management, responsible procurement and supplier management.

• D. Risk management policy

In order to ensure the completeness of risk management system, run the balancing mechanism of risk management, and improve the division efficiency of risk management, the Company sets up “Risk Management Policy”. Such policy aims to establish internal system compliance and the guiding tools for policies communication within the Company and enable every layer of the

~52~

Company engaged in different tasks to identify, evaluate, monitor, and control various risks with establishment of consistent compliance rules for risks of each business so that the risks can be controlled within the limits set in advance.

Risk management processes include risk identification, risk evaluation, risk supervision and various risk control. Each kind of risk evaluations and responding strategies are described as follows:

• (A) Market risk management

The Company has implemented risk management information system (Risk Manager) in relation to market risk control. All trading positions of the Company have been included in the daily risk control system for the calculation of Value at Risk (VaR). Limit exceeding indicators are mainly the nominal principal, stop-loss, sensitivity (Greeks) and VaR. The risk management report is presented on a daily basis for implementation of regular control and limit exceeding handling procedures.

• (B) Credit risk management

In relation to risk control, the quantitative model of default rate adopts KMV model to calculate the default rate of issuers with credit exposure of the issuing company and the trading counterparties, and credit risk of securities disclosed in the report. The credit exposure is mitigated through regular review of credit status.

• (C) Fund liquidity risk

Unit in charge of fund procurement regularly predicts future fund demand and supply, and consolidates company guarantee or endorsement and capital lending businesses to monitor the condition of fund procurement on a daily basis.

• (D)Operating risk

Settlement segment is responsible for confirming the settlement and clearing, accounts opening and the actual disbursement. Finance segment prepares vouchers based on the actual transaction evidence and compares whether the accounts and cash accounts are matched, and confirms the operating risks of accuracy of the transaction from an accounting perspective. Auditing segment is responsible for internal audit and internal control, and regularly samples and checks the performance of each unit.

• (E) Legal risk

Legal segment is responsible for reviewing of the Company’s various derivative financial instrument contracts, ISDA and individual account contracts, etc. and handle all legal-related issues.

• (F) Climate risk

Based on the two major risk indicators of climate risk, the physical risk and the transition risk, the potential climate risk on investment position is estimated by different scenario analyses. The Company regularly discloses implementation of climate risk management annually that complies with the policy guidelines set by the competent authorities and initiatives or guidelines internationally and generally recognised to enhance the quality and transparency of information disclosure.

• E. Hedging and risk-offsetting strategy

• (A) Policies of hedging and risk mitigating are parts of the Company’s risk management policies, and the hedging position and hedged trading position are supposed to be one portfolio, of which the gain and loss and risk information are measured on a consolidated basis.

• (B) The overall position (hedging position and trading position) is included in the daily risk management system to calculate Value at Risk and other relevant information. Limit exceeding indicators mainly include nominal principal, stop-loss point, price sensitivity and VaR. With the presentation of daily risk management report, routine control and limit exceeding treatment can be executed.

~53~

  - (C) The continued effectiveness of hedging and risk-offsetting strategy is measured by the gain and loss of overall position (hedging position and trading position), in order to track reasonableness of the profit or loss of hedging position and the offsetting relationship with the profit or loss of trading position, and to control them within a reasonable range.

• 2) Credit risk

• A. Source and definition of credit risk

The credit risk exposure of the Company as a result of engagement in financial transactions include issuer’s credit risk, credit risk of counterparty and credit risk of underlying assets:

• (A) Credit risk of the issuer refers to the issuers of financial debt instruments held by the Company failing to repay its obligation due to the fact that the issuer breaches the contract resulting in the risk of financial loss to the Company.

• (B) Credit risk of counterparty refers to risk of financial loss to the Company arising from default by the counterparty of financial instruments on the settlement or payment obligation.

• (C) Credit risk of the underlying assets happens when the credit rating of the underlying assets linked to the financial instrument is downgraded by the rating agency or when the losses occur as a result of contract default.

The financial assets held by the Company which could result in credit risk include bank deposit, debt securities, derivatives transactions in OTC, bonds purchased/sold under resale/repurchase agreements, refundable deposit of securities lending, futures trade margins, other refundable deposits and receivables.

• B. Maximum credit risk exposure and credit risk concentration

The maximum exposure to credit risk of financial assets in the parent company only balance sheet, without consideration of the collateral or other credit enhancements, is equivalent to the carrying amount. In Taiwan, the sources of credit risk of the Company are primarily resulting from cash deposited with banks or other financial institutions, debt securities issued or guaranteed by a bank, derivative instruments transaction underwritten by the Company, and all counterparties of customer margin deposits accounts being financial institutions. Credit risks of various financial assets are as follows:

• (A) Cash and cash equivalents

Cash and cash equivalents include time deposit, demand deposits and checking deposits.

Correspondent institutions are mainly domestic financial institutions.

• (B) Financial assets at fair value through profit and loss - current

• a. Fund

The funds held by the Company are bond funds. As the positions held are not significant, credit risk is deemed low.

• b. Commercial papers

The commercial papers held by the Company are repurchase agreements. As all the counterparties are financial institutions with good credit, the credit risk from counterparties is extremely low.

• c. Debt securities

Debt securities are mainly positions like government bonds, convertible corporate bonds and foreign bonds and the issuers are primarily R.O.C. government, domestic and foreign legal entities. 13% of convertible corporate bond is guaranteed by banks. Details are as follows:

(a)Government bonds

The bonds held by the Company are mostly government bonds (inclusive of central and local government). As a whole, the credit risk of the bonds held by the Company is low.

~54~

(b)Corporate bonds

The corporate bonds held by the Company are mainly underlying investment with good credit rating and those with rating above (S&P BB).

• (c)Convertible corporate bond

The convertible corporate bonds held by the Company are mostly issued by the domestic legal entities. The Company mitigates highly risky credit exposure of the issuers by control through Taiwan Corporate Credit Risk Index (TCRI).

• (d)Foreign bonds

The foreign bonds held by the Company are mainly underlying investment with good credit rating and those with rating above (S&P BB).

• (C) Financial assets at fair value through other comprehensive income – current

The foreign government bonds held by the Company are classified as debt instruments at fair

value through other comprehensive income. In general, the bonds held by the Company are with lower credit risk.

• (D) Derivatives - futures trade margin

When engaging in futures trades in stock exchange market, the Company needs to deposit margin into a margin deposit account of a financial institution designated by the futures merchants as a guarantee to fulfil contractual obligation in the future. As a result, the credit risk is low.

• (E)Derivatives - OTC

• The Company signs International Swaps and Derivatives Association (ISDA) agreements with each counterparty when engaging in OTC derivatives as an agreement regarding such transactions for both parties. In the agreement, it provides a fundamental contractual model for OTC derivative transactions. If any party breaches the contract or terminates the transactions early, then all the open interest covered in the agreement should be settled by net amount as bound in the contract. When the ISDA agreement is signed, the Credit Support Annex (CSA) is also signed. According to the CSA, collateral will be transferred from a party to the other during transaction process to mitigate the risk of counterparty in open interest. Please refer to Note 6(10).

Types of OTC derivative transactions in which the Company is engaged include swap transaction. The counterparties are all from financial service industry and mainly located in Taiwan and United Kingdom.

• (F)Bonds purchased under resale agreements

• Bonds purchased under resale agreements are the bonds that the client sold to the Company at a price, interest rate, length of period as agreed by two parties and the client shall repurchase the bonds at the specified price upon maturity. The Company needs to assume credit risk from counterparties when conducting such business, as the payment being delivered to the other party. With consideration of good collateral obtained, the net of credit risk exposure from counterparties can be effectively reduced. As all the counterparties are financial institutions with good credit rating, the credit risks from counterparties are extremely low. Please refer to Note 6(10).

~55~

• (G) Margin loans receivable

• Margin loans receivable are the loans provided to the client in order to process businesses of margin trading and short sale using the securities purchased through financing as collateral. The Company monitors the clients’ margin ratio through information system on a daily basis. As the margin ratio of margin trading is set at 130% according to Regulations Governing the Conduct of Securities Trading Margin Purchase and Short Sale Operations by Securities Firms, the credit risk is extremely low.

• (H) Receivables of securities business money lending

• Receivables of securities business money lending are the non-restricted purpose loan business and monetary financing business, pursuant to an agreement between a securities firm and a customer, using customer securities and other commodities as collateral. The Company regularly assesses its customer line of credit and implements appropriate credit control. As the margin ratio of margin trading is set at 130% according to Regulations Governing the Conduct of Securities Trading Margin Purchase and Short Sale Operations by Securities Firms, the credit risk is extremely low.

• (I) Guaranteed price for securities lending

• Guaranteed price for securities lending is the sale price of the Company’s securities sold by other securities firms through margin trading after deduction of securities transactions tax and service fee, which is deposited in other securities firms as collateral. As all the counterparties are financial institutions with good credit rating, the credit risk from counterparties is extremely low.

• (J)Refundable deposits for securities lending

• Refundable deposits for securities lending are the margins deposited in other securities firm as collateral when the Company’s securities are sold. As all the counterparties are financial institutions with good credit, the credit risk from counterparties is extremely low.

• (K) Receivables

• Receivables are the credit rights arising from the securities business including settlement receivables of consignment trading, settlement receivables of operating securities sold, financing interest receivables of self-operating credit transaction, receivables of consignment trading for securities, and receivables from banks’ underwriting on foreign exchange transactions and foreign fund demand. As the majority of the Company’s receivables from the consignment businesses and self-operating businesses are settlement of securities from OCT or TWSE, the credit risk is extremely low. As the foreign exchange transactions are simply the receipt or payment of different currencies and the correspondent banks are of good credit rating, the credit risk is extremely low.

• (L)Other current assets

• Other current assets are mainly the collateral deposited in the bank for application for shortterm debt limit and guarantee for application for issuance of commercial papers. As the

~56~

correspondent banks are all financial institutions with good credit rating, the credit risk is extremely low.

• (M) Financial assets at fair value through profit or loss – non-current

  • In order to conduct trust business, the Company deposits central government bonds in the Central Bank as collateral. Regardless of the bonds themselves or the financial institutions where the bonds deposited, the credit risk is extremely low.

• (N) Other non-current assets

  • Other non-current assets mainly comprise operating guarantee deposits, settlement funds, and refundable deposits. Operating guarantee deposits are mainly deposited in domestic banks with good credit rating. Settlement funds are deposited in securities exchange. Settlement funds are used as compensation when a party to a marketable securities transaction fails to fulfil the settlement obligation. The credit risks from the institutions where these two assets are deposited are extremely low. The refundable deposits refer to cash or other assets which are deposited externally by the Company and can be used as refundable deposits. Because deposits are placed in various financial institutions and each deposit amount is small, the credit risk is dispersed and the credit exposure of overall refundable deposit is extremely low.

• C. Expected credit loss assessment

• In the assessment of impairment and calculation of expected credit losses, the Company considers reasonable and supporting information about past events, current conditions and future economic conditions. The Company determines at the balance sheet date whether there has been a significant increase in credit risk since initial recognition or whether credit impairment has occurred and recognizes expected credit loss according to which stage the asset belongs: no significant increase in credit risk or low credit risk at balance sheet date (Stage 1), significant increase in credit risk (Stage 2), and credit impaired (Stage 3). 12-month expected credit losses are recognized for assets in Stage 1, and lifetime expected credit loses are recognized for assets in Stage 2 and Stage 3.

The definition of and expected credit losses recognized for each stage are as follows:

Item	Stage 1	Stage 2	Stage 3
Definition	No significant deterioration of credit quality of the financial asset since initial recognition, or the financial asset is considered low-risk at the balance sheet date.	Significant deterioration of credit quality of the financial asset since initial recognition, but the asset is not yet credit impaired.	The financial asset is credit impaired at the financial reporting date.
Expected credit losses recognition	12-month expected credit losses	Lifetime expected credit losses	Lifetime expected credit losses

~57~

• (A) Judgements of the significant increase in credit risk since initial recognition

• Judgements and assumptions used to determine whether the credit risk has a significant increase since initial recognition when the Company calculates expected credit loss under IFRS 9 are as follows:

• a. If contractual payments are over 30 days past due according to the payment terms, the financial asset is considered to have significant increase in credit risk since initial recognition.

• b. There is significant increase in credit risk at the reporting date if the credit rating of the issuer has been downgraded by more than 2 grades and the final external credit rating at the reporting date is non-investment grade, if the interest payments are over 30 days past due, or if there has been a default in the past.

• (B) Definition of default and credit-impaired financial assets According to the definition of credit impairment set by IFRS 9, a financial asset is creditimpaired when one or more events that have occurred and have a significant impact on the expected future cash flows of the financial asset. The criteria used to judge whether a financial asset is credit-impaired since initial recognition includes but is not limited to the following:

• a. Contractual payments or principal or interest payments on bonds are over 3 months (90 days) past due.

• b. Bond investment is rated as “in default” by external credit rating agencies.

• c. Bond issuer has filed for bankruptcy, restructure, or other debt clearance procedures.

• d. Issuer or counterparty has financial difficulties.

• (C) Writing-off policy

If any of the following condition applies, the Company will write off the non-recoverable portion of the overdue receivables as bad debt.

• a. Debt cannot be fully or partially recovered due to dissolution of, disappearance of, settlement with, bankruptcy declaration by the debtor, or any other reason.

• b. The collateral and the assets of the primary and secondary debtors could not be auctioned off after multiple attempts and multiple price discounts, and the Company has not received any real benefits in assuming the collateral.

• c. Payments are over two years past due and could not be recovered after attempts to collect.

• (D) Measurement of expected credit losses

• The Company considers reasonable supporting information which shows significant increase in credit risk since initial recognition when calculating expected credit losses. Main indexes include: internal/external credit rating, information of past due, credit spread, other market information in relation to the borrower, issuer or counterparty, and significant increase in credit risk of other financial instrument of the same borrower. Investments in bills and bonds

~58~

     - (a)Probability of default was based on external credit rating, which include forwardlooking information.

     - (b)Loss given default was based on the average loss given default of external credit rating of investment position and counterparties.

     - (c)Exposure at default

        - Stage 1, Stage 2 and Stage 3: Total carrying amount (including interest receivable).

• (E) Consideration of forward-looking information

  • Historical loss rate (based on the historical experience in the past 3 to 5 years) as obtained and compared with economic environment in the past, nowadays and future (forwardlooking factor) to see whether there is any significant change, and then to properly adjust future loss rate standards. If any significant default event occurs, the loss rate in the current year will be included in the calculation of future loss rate standard.

• D. Table of movements in loss provision of the Company

• (A) At June 30, 2024, December 31, 2023 and June 30, 2023, there were no changes in the loss allowance for investments in debt instruments measured at fair value through other comprehensive income.

• (B) Except for bond interest receivable which was evaluated along with debt investments, the Company applies the simplified approach to measure the loss allowance at an amount equal to lifetime expected credit losses for margin loan receivables, accounts receivable, other receivable-others and overdue receivables. The movements in loss provision of marginal receivables, accounts receivable, other receivable-others and other non-current assetsoverdue receivables of the Company are as follows:

Six months ended June 30, 2024

At January 1 Provision (reversal of provision) for impairment At June 30 At January 1 Provision (reversal of provision) for impairment Derecognised At December 31	Margin loan receivable	Margin loan receivable	Accounts receivable	Accounts receivable	Other receivables	Other receivables		Other non-current assets-overdue receivables	Total
	46,779 $ 18,760) ( 28,019 $ Margin loan receivable		641 $ 303) ( 338 $ Year		- $ 1,965 $ - 1,646 - $ 3,611 $ ended December 31,2023				49,385 $ 17,417) ( 31,968 $ Total
		Margin loan receivable		Accounts receivable	Other receivables		Other non-current assets-overdue receivables
		28,315 $ 18,464 - 46,779 $	659 $ 18) ( - 641 $			- $ - - - $	8,224 $ 450) ( 5,809) ( 1,965 $		37,198 $ 17,996 5,809) ( 49,385 $

~59~

At January 1 Provision (reversal of provision) for impairment At June 30	Margin loan receivable Accounts receivable Other receivables Other non-current assets-overdue receivables Total 28,315 $ 659 $ - $ 8,224 $ 37,198 $ 8,483 133) ( - 211) ( 8,139 36,798 $ 526 $ - $ 8,013 $ 45,337 $ Six months ended June 30,2023	Margin loan receivable Accounts receivable Other receivables Other non-current assets-overdue receivables Total 28,315 $ 659 $ - $ 8,224 $ 37,198 $ 8,483 133) ( - 211) ( 8,139 36,798 $ 526 $ - $ 8,013 $ 45,337 $ Six months ended June 30,2023
	28,315 $ 659 $ 8,483 133) ( 36,798 $ 526 $

3) Liquidity risk

• A. Definition and source of liquidity risk

Liquidity risk refers to possible financial losses arising from the inability to realize the asset or to obtain sufficient fund to fulfil the financial liabilities soon to be matured. Above situations may weaken the sources of cash from the Company’s trading and investment activities.

• B. Liquidity risk management procedure and stimulation test

In order to prevent operational crisis as a result of liquidity risk, the Company has established responding crisis process with regular monitoring over liquidity gap of fund.

• (A) Procedure

In addition to the operating capital for various business and long-term investment, the Company needs to maintain revolving funds at a certain level for daily operation. The use of remaining fund shall avoid high concentration and should be based on the principle of holding sound earning assets with high liquidity and treated in compliance with policies of the Company.

The responsive unit for fund procurement adjusts the liquidity gap to ensure proper liquidity according to the daily volume and movement in the market.

• (B) Stimulation test

• a. The Company reviews fund liquidity risk from a perspective of supply and demand of fund every month with simulation analysis of available fund for emergency including scenario analysis of cash, funding limit of financial institutions, margin loans and short sale, and value of disposal of position in order to compute maximum available fund and fund demand. Finally, safety stock of fund is reviewed to monitor liquidity risk.

• b. Above liquidity risk is generally reviewed monthly. However, if the available limit of increment banking credit risk in financing limit of a financial institution is lower than a certain amount (that is, the amount may be timely adjusted according to the fund liquidity in the market and the actual fund demand and supply in an entity), the safety stock will be reviewed weekly. After the early warning report for fund is submitted, the head of finance segment will call for a fund control meeting.

• c. Other than individual funding liquidity risk of an entity, stress test of minimization funding supply and maximization funding demand in the event of significant crisis is simulated, including:

  • (a)When there is a significant crisis in the market, the financing limit of the financial institutions and the value of disposal of position can be deemed the minimized ratio of fund supply which is then adjusted according to actual condition to compute the total fund supply under maximum stress.

~60~

  - (b)Except for the operating expense, the stock concept is adopted for the calculation of total fund demand under maximum stress.

  - (c)The Company should conduct a review to see whether the total minimized fund supply is more than maximized total fund demand. The Company should further review how long (by month) the difference may cover the operating expenses so that the safety stock of fund (by month) under stress test can be computed.

  - (d)The minimum safety stock of fund under stress test (by month) may be adjusted according to the crisis itself and only operating expense for at least 6 months under a normal stimulation can be deemed safe.

• C. Maturity analysis for the financial assets and financial liabilities held for liquidity risk management

• (A) The Company holds cash and sound earning assets with high liquidity in order to fulfil the payment obligation and potential emergency fund demand in the market. Financial assets held for liquidity risk management are mainly cash and cash equivalents, among which, all time deposits mature within a year. Financial assets at fair value through profit or loss are mainly listed stocks, convertible bonds and debt securities. As all of them have positions in active market, the liquidity risk is deemed low.

(Blank below)

~61~

(B) Maturity analysis for the financial liabilities is as follows:

Short-term loans Commercial papers payable Non-derivative financial liabilities Derivative financial liabilities Bonds sold under repurchase agreements Deposits on short sales Deposits payable for securities financing Securities lending refundable deposits Accounts payable (includes notes payable) Collections on behalf of third parties Other payables Other financial liabilities - current Lease liabilies Total Financial liabilities at fair value through profit or loss - current						June 30,2024
		Immediately		Less than 3 months		3-12 months		1-5years - $ - - - - - - 5,986 - 88,710 - - 95,142 189,838 $	Total
		2,716,620 $ 600,000 6,854,391 6,597,965 - 693,604 920,618 - 31,883,866 638,593 68,130 - - 50,973,787 $		10,118,500 $ 32,250,000 - - 14,876,694 - - 3,405,762 89,823 12,843 2,158,445 12,269,309 16,970 75,198,346 $		- $ - - 651,636 - - - 751,183 - - 2,099,525 466,915 39,447 4,008,706 $			12,835,120 $ 32,850,000 6,854,391 7,249,601 14,876,694 693,604 920,618 4,162,931 31,973,689 740,146 4,326,100 12,736,224 151,559
									130,370,677 $

~62~

Short-term loans Commercial papers payable Non-derivative financial liabilities Derivative financial liabilities Bonds sold under repurchase agreements Deposits on short sales Deposits payable for securities financing Securities lending refundable deposits Accounts payable (includes notes payable) Collections on behalf of third parties Other payables Other financial liabilities - current Lease liabilies Total Financial liabilities at fair value through profit or loss - current				December 31,2023	December 31,2023	December 31,2023	December 31,2023	December 31,2023
		Immediately		Less than 3 months		3-12 months		1-5years - $ - - - - - - 29,748 - 86,888 - - 66,037 182,673 $	Total
		1,160,000 $ - 6,176,815 4,256,105 - 921,093 1,163,504 - 16,960,308 514,753 7,845 - - 31,160,423 $		5,784,759 $ 21,150,000 - - 19,322,093 - - 1,342,474 95,289 11,256 227,883 4,442,217 18,417 52,394,388 $		- $ - - 30,908 - - - 259,786 - - 1,843,390 781,802 37,179 2,953,065 $			6,944,759 $ 21,150,000 6,176,815 4,287,013 19,322,093 921,093 1,163,504 1,632,008 17,055,597 612,897 2,079,118 5,224,019 121,633
									86,690,549 $

~63~

Short-term loans Commercial papers payable Non-derivative financial liabilities Derivative financial liabilities Bonds sold under repurchase agreements Deposits on short sales Deposits payable for securities financing Securities lending refundable deposits Accounts payable (includes notes payable) Collections on behalf of third parties Other payables Other financial liabilities - current Lease liabilies Total Financial liabilities at fair value through profit or loss - current						June 30,2023
		Immediately		Less than 3 months		3-12 months		1-5years - $ - - - - - - 34,094 - 86,600 - - 65,507 186,201 $	Total
		- $ - 3,841,649 3,266,274 - 715,580 911,453 - 24,286,586 516,861 122,134 - - 33,660,537 $		10,064,854 $ 21,800,000 - - 10,005,853 - - 681,731 42,617 8,115 762,442 3,943,224 18,628 47,327,464 $		- $ 1,500,000 - 279 - - - 298,410 - - 1,414,244 561,619 43,901 3,818,453 $			10,064,854 $ 23,300,000 3,841,649 3,266,553 10,005,853 715,580 911,453 1,014,235 24,329,203 611,576 2,298,820 4,504,843 128,036
									84,992,655 $

~64~

4) Market risk

• A. Definition of market risk

Market risk refers to the risk of decrease in the Company’s revenue or value of investment portfolio as a result of the changes in exchange rate, commodity price, interest rate, and stock price or other market risk factors.

The Company continually exercises risk management tools such as sensitivity analysis, Value at Risk, stress test and so on to completely and effectively measure, monitor and manage market risk.

• B. Value at Risk (VaR)

Value at Risk is used to measure the possible maximum potential losses in investment portfolio as a result of movement in market risk factor in a specified period and confidence level. The Company currently uses confidence level of 95% to calculate Value at Risk of one day. A VaR model must reasonably, completely and accurately measure the maximum potential risks of financial instruments or investment portfolio before being adopted as a risk management model by the Company. The VaR model used in risk management is continually certified and retrospectively tested to demonstrate that the model can reasonably and effectively measure the maximum potential risks of financial instruments or investment portfolios.

Statistical table for one-day VaR of transactions	Statistical table for one-dayVaR of transactions	Statistical table for one-dayVaR of transactions
Six months ended June 30, 2024 Amount June 30, 2024 159,816 $ VaR Maximum 287,968 VaR Average 180,431 VaR Minimum 43,215	Six months ended June 30,2023 June 30, 2023 VaR Maximum VaR Average VaR Minimum	Amount 166,411 $ 203,408 95,219 33,256

Statistical table for VaR of various risk indicators of transactions Six months ended

Six months ended
June 30,2024 June 30, 2024 VaR Maximum VaR Average VaR Minimum Six months ended June 30,2023 June 30, 2023 VaR Maximum VaR Average VaR Minimum	Foreign exchange 17,860 $ 29,753 13,952 6,794 Foreign exchange 6,569 $ 47,965 10,312 1,597	Interest 7,410 $ 28,898 10,950 855 Interest 40,144 $ 81,522 51,148 5,259	Share ownership
			160,815 $ 287,708 181,958 37,559 Share ownership
			173,902 $ 217,781 79,570 28,063

~65~

C. Information on gap of foreign exchange risk

The following table summarizes financial instruments of foreign assets or liabilities by currency and the foreign exchange exposure presented by book value as of June 30, 2024, December 31, 2023 and June 30, 2023 ：

Financial assets in foreign currencies Cash and cash equivalents Financial assets at fair value through profit or loss Financial assets at fair value through comprehensive income - current Bonds purchased under resale agreements Investments under the equity method Others Financial liabilities in foreign currencies Short-term loans Financial liabilities at fair value through profit or loss Bonds sold under repurchase agreements Others				June 30,2024
	USD 1,008,385 $ 7,767,252 1,677,095 - - 4,428,435 1,220,120 410,751 6,526,665 8,781,462	EUR 3,027 $ 1,049,224 - 20,803 - 452,526 - 61,542 925,818 307,722	AUD 1,674 $ 880,695 1,390,495 - - 160,302 - 493 2,152,523 143,348	RMB 6,761 $ 13,996 - - 2,618,792 9 - 844 - 267,754	HKD 42,050 $ 2,830 - - 857,959 6,469 - - - 14,754	Others 110,238 $ 643,833 - - - 18,435 - 65 75,043 26,047	Total
							1,172,134 $ 10,357,829 3,067,590 20,803 3,476,751 5,066,176 1,220,120 473,695 9,680,048 9,541,087

Note: As of June 30, 2024, foreign exchange rates of the above currencies to TWD were 1 USD = 32.450 TWD; 1 EUR = 34.710 TWD; 1 AUD = 21.520 TWD; 1 RMB = 4.445 TWD; and 1 HKD = 4.155 TWD, respectively.

~66~

USD EUR AUD RMB HKD Others Financial assets in foreign currencies Cash and cash equivalents 638,134 $ 5,343 $ 1,562 $ 2,370 $ 54,747 $ 75,195 $ Financial assets at fair value through profit or loss 10,394,426 2,117,378 882,164 47,581 34,235 690,695 Financial assets at fair value through comprehensive income - current 1,307,681 - 1,375,468 - - - Investments under the equity method - - - 2,615,717 810,334 - Others 1,232,702 16,990 10,739 2,167 8,767 8,979 Financial liabilities in foreign currencies Short-term loans 1,034,759 - - - - - Financial liabilities at fair value through profit or loss 63,591 565 91 709 4 10,879 Bonds sold under repurchase agreements 9,381,587 1,880,550 2,122,450 34,594 - 208,549 Others 3,208,910 7,905 27,812 58,701 33,138 6,576 USD EUR AUD RMB HKD Others Financial assets in foreign currencies Cash and cash equivalents 826,482 $ 3,152 $ 12,534 $ 63,754 $ 182,545 $ 112,478 $ Financial assets at fair value through profit or loss 4,745,434 1,436,943 312,727 207,614 85,820 689,409 Bonds purchased under resale agreements 1,461,852 - 1,326,223 - - - Investments under the equity method - - - 2,640,526 816,389 - Others 3,970,194 1,189,323 154,936 12,293 11,817 14,418 Financial liabilities in foreign currencies Short-term loans 1,279,854 - - - - - Financial liabilities at fair value through profit or loss 84,755 17 268 999 - - Bonds sold under repurchase agreements 4,798,905 736,799 1,607,621 102,227 - 108,593 Others 5,111,246 1,331,152 22,014 226,607 12,229 80,606 1 AUD = 20.980 TWD; 1 RMB = 4.327 TWD; and 1 HKD = 3.929 TWD, respectively. June 30,2023 Note: As of June 30, 2023, foreign exchange rates of the above currencies to TWD were 1 USD = 31.140 TWD; 1 EUR = 33.810 TWD; 1 AUD = 20.620 TWD; 1 RMB = 4.282 TWD; and 1 HKD = 3.974 TWD, respectively. December 31,2023 Note: As of December 31, 2023, foreign exchange rates of the above currencies to TWD were 1 USD = 30.705 TWD; 1 EUR = 33.980 TWD;			December 31,2023	December 31,2023
			AUD RMB HKD Others 1,562 $ 2,370 $ 54,747 $ 75,195 $ 882,164 47,581 34,235 690,695 1,375,468 - - - - 2,615,717 810,334 - 10,739 2,167 8,767 8,979 - - - - 91 709 4 10,879 2,122,450 34,594 - 208,549 27,812 58,701 33,138 6,576 June 30,2023 were 1 USD = 30.705 TWD; 1 EUR = 33.980 TWD;			Total
						777,351 $ 14,166,480 2,683,149 3,426,051 1,280,345 1,034,759 75,839 13,627,729 3,343,041
				HKD 182,545 $ 85,820 - 816,389 11,817 - - - 12,229 33.810 TWD;	Others 112,478 $ 689,409 - - 14,418 - - 108,593 80,606	Total
						1,200,945 $ 7,477,947 2,788,075 3,456,915 5,352,981 1,279,854 86,039 7,354,145 6,783,854

~67~

• D. The total exchange gain (loss), including realized and unrealized, arising from significant foreign exchange variation on the monetary items held by the Company for the six months ended June 30, 2024 and 2023, amounted to $133,283 and $19,919, respectively.

5) Fair value and hierarchy information

• A. Financial instruments and non-financial instruments not measured at fair value. Except for those listed in the table below, the carrying amounts of the Company’s financial instruments not measured at fair value (including cash and cash equivalents, bonds purchased under resale agreements, margin loans receivable, refinancing guaranty deposits, guaranteed proceeds receivable from refinancing, guaranteed price deposits for security borrowing, security borrowing deposits, customer margin deposit account, notes and accounts receivable, other receivables, short-term loans, commercial paper payable, bonds sold under repurchase agreements, guarantee deposit received from short sales, guaranteed price deposits received from securities borrowers, security borrowing deposits, equity of futures traders, accounts payable, collection for others, and other payables) approximate their fair values. The fair value information of financial instruments measured at fair value is provided in Note 12(5)3.

Non-financial assets June 30, 2024 Investment property December 31, 2023 Investment property June 30, 2023 Investment property	Total 532,752 $ 515,813 698,655	Quoted prices of the same assets in active markets (level 1)	Other significant observable inputs (level 2)	Significant non-observable inputs(level 3)
		- $ - -	532,752 $ 515,813 698,655	- $ - -

The fair value of investment property held by the Company was assessed by external valuation experts using comparison approach and income approach, or the fair value can be assessed based on the market price of the area adjacent to the location where the Company’s investment property is located.

• B. Valuation techniques

(A)For financial instruments held for trading purposes which are classified as non-derivative instruments, their fair values are based on their quoted prices in an active market. If there is no quoted market price for reference, a valuation technique will be adopted to measure the fair value. Estimates and assumptions of valuation technique adopted by the Company are in agreement with the information of estimates and assumptions adopted by market users for financial instrument pricing and the said information shall be accessible to the Company. For those classified as derivative instruments, their fair values are based on their market prices if their quoted prices are available from an active market. If quoted market prices in an active market are not available, SWAP and IRS are valued

~68~

at the discounted cash flow method, and options are valued at the Black-Scholes model.

• (B) When available-for-sale financial assets have quoted market prices available in an active market, the fair value is determined using the market price.

• C. Fair value hierarchy of the financial instruments

• (A) Definitions for the hierarchy classifications of financial instruments measured at fair value

  • a. Level 1

    • Level 1, are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company can access at the measurement date. An active market has to satisfy all the following conditions: a market in which transactions for the asset or liability take place with sufficient frequency and volume to provide pricing information on an ongoing basis. The Company’s investments in listed stocks, beneficiary certificates, on-the-run Taiwan central government bonds and derivative instruments with quoted market prices, are deemed as level 1.

  • b. Level 2

    • Inputs other than quoted market prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Investments of the Company such as emerging stock without active markets, off-the-run issue of government bonds, corporate bonds, bank debentures, convertible corporate bonds, currency swaps, interest rate swaps, options, asset swaps, and most derivatives are all classified within level 2. For the six months June 30, 2024 and 2023, there was no significant transfer of financial instruments between Level 1 and Level 2.

  • c. Level 3

Unobservable inputs for the assets or liability. The fair value of the Company’s investment in unlisted stocks is included in Level 3.

(Blank below)

~69~

(B)Hierarchy of fair value estimation of financial instruments

Recurring fair value Non-derivative financial instruments Assets Financial assets at fair value through profit or loss - current Stock investments Bond investments Others Financial assets at fair value through other comprehensive income - current Stock investments Bond investments Financial assets at fair value through profit or loss - non-current Stock investments Bond investments Financial assets at fair value through other comprehensive income - non-current Stock investments Liabilities Financial liabilities at fair value through profit or loss - current Derivative financial instruments Assets Financial assets at fair value through profit or loss - current Liabilities Financial liabilities at fair value through profit or loss - current	Total 31,217,234 $ 26,657,545 4,612,187 644,322 3,067,590 1,574 49,317 372,226 6,854,391 4,754,388 7,249,601	Level 1 Level 2 31,122,150 $ 95,084 $ 8,727,964 17,929,581 4,612,187 - 644,322 - 3,067,590 - - - - 49,317 - - 6,854,391 - 4,718,522 35,866 2,827,010 4,422,591 June30,2024	Level3
			- $ - - - - 1,574 - 372,226 - - -

~70~

Recurring fair value Non-derivative financial instruments Assets Financial assets at fair value through profit or loss - current Stock investments Bond investments Others Financial assets at fair value through other comprehensive income - current Stock investments Bond investments Financial assets at fair value through profit or loss - non-current Stock investments Bond investments Financial assets at fair value through other comprehensive income - non-current Stock investments Liabilities Financial liabilities at fair value through profit or loss - current Derivative financial instruments Assets Financial assets at fair value through profit or loss - current Liabilities Financial liabilities at fair value through profit or loss - current	Total 16,066,218 $ 29,548,975 2,896,610 395,531 2,683,149 10,004 49,776 307,448 6,176,815 4,674,925 4,287,013	Level 1 Level 2 15,988,641 $ 77,577 $ 7,543,011 22,005,964 2,896,610 - 395,531 - 2,683,149 - - - - 49,776 - - 6,176,815 - 4,674,096 829 1,589,767 2,697,246 December31,2023	Level3
			- $ - - - - 10,004 - 307,448 - - -

~71~

Recurring fair value Non-derivative financial instruments Assets Financial assets at fair value through profit or loss - current Stock investments Bond investments Others Financial assets at fair value through other comprehensive income - current Stock investments Bond investments Financial assets at fair value through profit or loss - non - current Stock investments Bond investments Financial assets at fair value through other comprehensive income - non-current Stock investments Liabilities Financial liabilities at fair value through profit or loss - current Derivative financial instruments Assets Financial assets at fair value through profit or loss - current Liabilities Financial liabilities at fair value through profit or loss - current	Total 23,422,097 $ 15,759,697 2,791,677 384,192 2,788,075 6,317 49,844 289,729 3,841,649 5,864,631 3,266,553	Level 1 Level 2 23,356,332 $ 65,765 $ 5,401,082 10,358,615 2,791,677 - 384,192 - 2,788,075 - - - 49,844 - - 3,841,649 - 5,843,963 20,668 1,768,648 1,497,905 June30,2023	Level3
			- $ - - - 6,317 - 289,729 - - -

~72~

(C) The following table is the movement of financial assets at Level 3:

		Six months ended June 30,2024	Six months ended June 30,2024	Six months ended June 30,2024	Six months ended June 30,2024
Financial assets at fair value through profit or loss - non-current Venture capital shares Financial assets at fair value through other comprehensive income - non-current Unlisted stocks	January1	Valuation amount		Increased		Decreased		June 30
		Recorded in profit or loss	Recorded in other comprehensive income(loss)	Acquired/ Issued	Transfers into level 3	Sold/ Disposed or Settled	Transfers out from level 3
	10,004 $ 307,448	8,430) ($ - $ - $ - $ - 64,778 - - Year ended December 31,2023				- $ -	- $ -	1,574 $ 372,226
Financial assets at fair value through profit or loss - non-current Venture capital shares Financial assets at fair value through other comprehensive income - non-current Unlisted stocks	January1	Valuation amount		Increased		Decreased		December 31
		Recorded in profit or loss	Recorded in other comprehensive income(loss)	Acquired/ Issued	Transfers into level 3	Sold/ Disposed or Settled	Transfers out from level 3
	16,604 $ 294,855	4,426) ($ - $ - $ - $ - 12,593 - - Six months ended June 30,2023				2,174) ($ -	- $ -	10,004 $ 307,448
Financial assets at fair value through profit or loss - non-current Venture capital shares Financial assets at fair value through other comprehensive income - non-current Unlisted stocks	January1	Valuation amount		Increased		Decreased		June 30
		Recorded in profit or loss	Recorded in other comprehensive income(loss)	Acquired/ Issued	Transfers into level 3	Sold/ Disposed or Settled	Transfers out from level 3
	16,604 $ 294,855	8,113) ($ -	- $ (5,126)	- $ -	- $ -	2,174) ($ -	- $ -	6,317 $ 289,729

~73~

• (D) The following is the qualitative information of significant unobservable inputs and sensitivity analysis of changes in significant unobservable inputs to valuation model used in Level 3 fair value measurement:

June 30,2024	Fair value	Valuation technique	Significant unobservable input	Range (weighted average)	Relationship of inputs to fair value
Financial assets at fair value through profit or loss - non-current Venture capital shares Financial assets at fair value through other comprehensive income - non-current December 31,2023 Unlisted stocks	1,574 $ Fair value 372,226	Net asset value Valuation technique Market approach	Not applicable Market price net profit after tax multiplier Price to book ratio multiplier Discount for lack of marketability Significant unobservable input	Not applicable 25.33~25.42 2.30 25% Range (weighted average)	Not applicable The higher the discount for lack of marketability, the lower the fair value Relationship of inputs to fair value The higher the multiplier, the higher the fair value
Financial assets at fair value through profit or loss - non-current Venture capital shares Financial assets at fair value through other comprehensive income - non-current Unlisted stocks	10,004 $ 307,448	Net asset value Market approach	Not applicable Market price net profit after tax multiplier Price to book ratio multiplier Discount for lack of marketability	Not applicable 22.62~24.52 2.48 25%	Not applicable The higher the discount for lack of marketability, the lower the fair value The higher the multiplier, the higher the fair value

~74~

==> picture [469 x 32] intentionally omitted <==

----- Start of picture text -----

Valuation Significant Range (weighted Relationship of
June 30, 2023 Fair value technique unobservable input average) inputs to fair value
Financial assets at fair value
----- End of picture text -----

Financial assets at fair value
through profit or loss
- non-current
Venture capital shares	$	6,317	Net asset value	Not applicable	Not applicable	Not applicable
Financial assets at fair value
through other comprehensive
income - non-current
				Market price net
				profit after tax multiplier	21.26~23.36	The higher the multiplier, the
Unlisted stocks		289,729	Market approach	Price to book ratio multiplier	2.58~2.97	higher the fair value
						The higher the
				Discount for lack of marketability	33%	discount for lack of marketability, the
						lower the fair value

(E) Valuation process for fair value at Level 3

The Company’s risk management department is responsible for the verification of fair value categorized in Level 3. The department assesses the independence, reliability, consistency and representativeness of the source information, regularly verifies the valuation models and calibrates the parameters to ensure the valuation process and results are in compliance with IFRS Accounting Standards.

(Blank below)

~75~

• (F) For the fair value measurement of Level 3, the sensitivity analysis of the fair value to the reasonable alternative hypothesis shows that the fair value measurement of the financial assets by the Company is reasonable. However, use of different valuation models or assumptions may result in different measurement. The following is the impact to profit or loss or to other comprehensive income from financial assets and liabilities categorized within Level 3 if the inputs used in valuation models have changed up or down by 1%:

Item	Favourable change Unfavourable change Not applicable Not applicable - - Recognised inprofit or loss Recognised inprofit or loss	Favourable change Unfavourable change Not applicable Not applicable - - Recognised inprofit or loss Recognised inprofit or loss	Recognised in other comprehensive income	Recognised in other comprehensive income
June 30,2024			Favourable change	Unfavourable change
Financial assets at fair value through profit or loss - non-current Venture capital shares Financial assets at fair value through other comprehensive income - non-current Unlisted stocks Item			- $ - $ 3,722 3,722) ( Recognised in other comprehensive income
December 31,2023 Financial assets at fair value through profit or loss - non-current Venture capital shares Financial assets at fair value through other comprehensive income - non-current Unlisted stocks Item	Favourable change	Unfavourable change	Favourable change	Unfavourable change
	Not applicable Not applicable - - Recognised inprofit or loss		- $ - $ 3,074 3,074) ( Recognised in other comprehensive income
June 30,2023	Favourable change	Unfavourable change	Favourable change Unfavourable change
Financial assets at fair value through profit or loss - non-current Venture capital shares Financial assets at fair value through other comprehensive income - non-current Unlisted stocks	Not applicable -	Not applicable -	- $ - $ 2,897 2,897) (

6) Capital management

A. Objective of capital management

• (A) The represented capital adequacy ratio basically shall not be lower than 200% in compliance with the warning standard addressed in the “Rules Governing Securities Firms”.

• (B) The Company includes all risks involved in the investment position as a part of risk management, such as market risk, credit risk, liquidity risk, operating risk, legal risk, and model risk and so on. Each risk management responsive unit should identify, evaluate, monitor and control various risks in order to enable the Company to defend impact from financial market, reflect the current operating strategies and make the investment portfolio applied to business planning and development.

~76~

• B. Capital management policy and procedure

• In order to secure the long-term and stable development of various businesses and effectively assume risks, the Company manages capital based on the business development, related regulations and financial market environment. Major capital evaluation processes include:

• (A) Each segment should provide accurate and valid source of information to maintain calculation accuracy of capital adequacy ratio.

• (B) After the reporting at the 10th of each month, capital adequacy ratio should be computed by the end of every month. If the result is close to the legal standard, every unit will be called to attend a meeting for discussion and strategic planning to ensure that the basic objective of capital adequacy ratio is not less than 200%.

• (C) Both the risk limits and economic capital of the Company should be agreed by the Board of Directors. The Company should quarterly report details of risk control with disclosure of investment condition in order to assess whether the risk position exceeds the limit and whether the investment direction is in line with the market trend. Within the authorized risk limits, the Company is actively engaged in development of various businesses and continually increases profit, creates company value, and complies with the capital management objective.

The Company calculates and reports the capital adequacy ratio according to “Rules Governing Securities Firms”. As of June 30, 2024 , December 31, 2023 and June 30, 2023, the capital adequacy ratios were 287%, 299% and 311%, respectively, as required by the regulations.

• 7) Assets and liabilities of trust accounts

• Pursuant to Article 17 of Enforcement Rules of the Trust Enterprise Act, balance sheet, income statement, and property list of trust accounts shall be disclosed in the parent company only financial statements on a semiannual basis.

• A. Balance sheet of trust accounts

BALANCE SHEET

JUNE 30, 2024 AND 2023

JUNE 30, 2024 AND 2023
Trust assets June 30,2024 Bank savings 639,154 $ Structured notes 2,893,675 Stock 1,850,496 Bond 1,537,058 Bonds sold under repurchase agreements 39,638 Fund 9,767,729 Accounts receivable 116,289 Total of trust assets 16,844,039 $ Trust liabilities and equity June 30,2024 Accounts payable 25,032 $ Trust capital 14,321,989 Net income (loss) 2,822,471 Accumulated surplus (deficit) 325,453) ( Total of trust liabilities and equity 16,844,039 $	June 30,2023
	604,885 $ 1,014,164 1,358,528 882,526 43,616 6,226,308 81,636
	10,211,663 $
	June 30,2023
	15,808 $ 9,525,110 600,720 70,025
	10,211,663 $

~77~

B. Income statement of trust accounts

STATEMENT OF INCOME

SIX MONTHS ENDED JUNE 30, 2024 AND 2023

Item Trust income Interest income Cash dividends received Investment realized gains - bond Investment realized gains - stock Investment realized gains - fund Investment realized gains - structured notes Investment unrealized gains - bond Investment unrealized gains - stock Investment unrealized gains - fund Investment unrealized gains - structured notes Other revenue Subtotal Trust expenses Management fee Service fee Investment realized loss - bond Investment realized loss - stock Investment realized loss - fund Investment realized loss - structured notes Investment unrealized loss - bond Investment unrealized loss - stock Investment unrealized loss - fund Investment unrealized loss - structured notes Income before income tax Income tax expense Net income		Six months ended June 30,2024		Six months ended June 30,2023
	68,358 $ 6,309 365 2,036 481,676 14,077 17,539 962,745 1,669,424 37,899 6 3,260,434 787) ( 20,417) ( 4,602) ( 97) ( 26,750) ( 263) ( 108,316) ( 40,713) ( 217,269) ( 18,412) ( 2,822,808 337) ( 2,822,471 $		34,306 $ 20,816 182 6,169 111,683 7,837 5,247 491,484 499,856 1,952 5 1,179,537 735) ( 204) ( 668) ( 2,734) ( 44,392) ( - 108,395) ( 50,561) ( 366,022) ( 4,940) ( 600,886 166) ( 600,720 $

~78~

C. Property list of trust accounts

PROPERTY LIST OF TRUST ACCOUNTS

JUNE 30, 2024 AND 2023

==> picture [456 x 126] intentionally omitted <==

----- Start of picture text -----

Item June 30, 2024 June 30, 2023
Bank savings $ 639,154 $ 604,885
Structured notes 2,893,675 1,014,164
Fund 9,767,729 6,226,308
Bond 1,537,058 882,526
Bonds sold under repurchase agreements 39,638 43,616
Stock 1,850,496 1,358,528
Others 116,289 81,636
Total $ 16,844,039 $ 10,211,663
----- End of picture text -----

13. OTHER DISCLOSURE ITEMS

• 1) Information about significant transactions

• A. Lending to others: Excluding security margin trading and conditional bond trading business, there is no lending of funds to either the shareholders or other parties.

• B. Endorsements and guarantees for others ： None.

• C. Acquisitions of real estate exceeding $300 million or 20 percent of contributed capital ： None.

• D. Disposals of real estate exceeding $300 million or 20 percent of contributed capital ： None.

• E. Purchases or sales transactions discount on brokers’ charges with related parties in excess of $5 million ： None.

• F. Receivables from related parties exceeding $100 million or 20 percent of contributed capital ： None.

• G. Significant transactions between parent company and subsidiaries are provided in Note 7.

(Blank below)

~79~

2) Related information of investee companies

A. Related information of investee companies

Name of the investor	Name of the investee company	Location	Date of registration	Reference number and the date of approval letter issued byFSC	Major operatingactivities	Balance on June 30,2024 Original i	Balance on December 31,2023 nvestment	EndingBalance	EndingBalance		Revenue of investee company	Net income (loss) of investee company	Investment income (loss) recognised by the Company	Cash dividends	Notes
								Shares 63,817,303 30,000,000 192,600,000 23,400,000 14,904,630 1,000,000 30,000,000 12,000	Percentage 96.69% 100.00% 100.00% 100.00% 42.46% 100.00% 100.00% 0.03%	Book vlaue
President Securities Corp. President Securities Corp. President Securities Corp. President Securities Corp. President Securities Corp. President Securities Corp. President Securities Corp. President Insurance Agency Corp.	President Futures Corp. President Capital Management Corp. President Securities (HK) Ltd. President Wealth Management (HK) Ltd. Uni-President Asset Management Corp. President Insurance Agency Corp. PSC Venture Capital Investment Limited Company Uni-President Asset Management Corp.	Taipei Taipei Hong Kong Hong Kong Taipei Taipei Taipei Taipei	1994.03.01 1997.04.15 1994.07.26 2002.03.31 1992.09.03 2008.04.29 2013.10.29 1992.09.03	1994.03.01 Jing- Tou-Shen (83) Gong-Shang Letter No.1114 (Note 1) 1997.02.25 (86) Tai-Cai-Zheng (4) Letter No.17769 1993.11.4 (82) Tai- Cai-Zheng (2) Letter No.40913 2001.12.11 (90) Tai-Cai-Zheng (2) Letter No.166728 2000.07.19 (89) Tai-Cai-Zheng (2) Letter No.56407 (Note2) 2013.08.08 Jing- Guan-Zheng- Chuan Letter No.1020028529 2000.07.19 (89) Tai-Cai-Zheng (2) Letter No.56407	Futures brokerage and dealer Securities investment consulting Securities dealer, brokerage, underwriting and consulting (Note 4) Wealth management Investment Trust Insurance Agent Consultation of investment management and venture capital; other unprohibited or unrestricted businesses beyond the permit Investment Trust	644,650 $ 326,000 848,735 92,091 667,622 10,000 300,000 478	644,650 $ 326,000 848,735 92,091 667,622 10,000 300,000 478			2,791,203 $ 300,836 857,959 - 763,095 69,199 254,152 620	406,628 $ 43,527 199 - 1,091,354 100,756 11,020 1,091,354	176,588 $ 9,652) ( 996 - 403,427 45,496 7,940 403,427	170,741 $ 9,616) ( 996 - 171,309 45,504 7,941 138	222,722 $ - - - 219,218 41,621 - 176	Subsidiary of the Company Subsidiary of the Company Subsidiary of the Company Subsidiary of the Company Associates Subsidiary of the Company Subsidiary of the Company Associates

Note1 ： As FSC was established in July, 2004, President Futures Corp. was approved by the Investment Commission, Ministry of Economic Affairs.

Note2 ： When securities corporations invest in domestic business within FSC's limitation, there is no need to obtain the approval from FSC in advance, according to Tai-Cai-Zheng (2) Letter No.0930000005. Therefore, there was no reference numbers for President Personal Insurance Agency Co., Ltd.

Note3 ： Subsidiaries President Securities (HK) Ltd. and President Wealth Management (HK) Ltd. were approved by the board of directors in March 2022 to deal with the dissolution and liquidation matters, and the liquidation process are all currently in progress, of which President Wealth Management (HK) Ltd. and President Securities (Nominee) Ltd. had remitted all funds on account on April 27, 2023 for the subsequent liquidation process.

Note4：President Securities (HK) Ltd. has completed the deregistration of securities trading-related licenses on March 27, 2024, and has no securities-related business activities.

~80~

• B. Lending to others: Excluding security margin trading and conditional bond trading business, there is no lending of funds to either the shareholders or

• other parties.

• C. Endorsements and guarantees for others: None.

• D. Acquisitions of real estate exceeding $300 million or 20 percent of contributed capital: None.

• E. Disposals of real estate exceeding $300 million or 20 percent of contributed capital: None.

• F. Purchases or sales transactions discount on brokers’ charges with related parties in excess of $5 million: None.

• G. Receivables from related parties exceeding $100 million or 20 percent of contributed capital: None.

• H. Accordance with Jing-Guan-Zheng-Quan-Zi Letter No. 10703209011, the Company is required to disclose details of businesses run by foreign enterprises that were incorporated in the countries identified as non-signatories to the IOSCO MMoU or have not obtained securities or futures license of signatories to the IOSCO MMoU:

• a) Revenue from engagement in consultation on assets management business, service contents and litigation: None.

(Blank below)

~81~

b) Balance sheets

PRESIDENT WEALTH MANAGEMENT (HK) LTD. BALANCE SHEETS JUNE 30, 2024 AND 2023

						Expressed	Expressed	in HK dollars
		June 30,2024				June 30,2023
Assets		Amount		%		Amount		%
Current assets
Stockholders’ current account	$	15,428,111		100	$	15,428,111		100
Total current assets		15,428,111		100		15,428,111		100
Total assets	$	15,428,111		100	$	15,428,111		100
Liabilities and shareholders’equity
Current liabilities
Total liabilities	$	-		-	$	-		-
Shareholders’ equity
Share capital		23,400,000		152		23,400,000		152
Retained earnings
Accumulated deficit	(	7,971,889)	(	52)	(	7,971,889)	(	52)
Total shareholders’ equity		15,428,111		100		15,428,111		100
Total liabilities and shareholders’ equity	$	15,428,111		100	$	15,428,111		100

~82~

PRESIDENT SECURITIES (HK) LTD. BALANCE SHEETS JUNE 30, 2024 AND 2023

		BALANCE SHEETS JUNE 30, 2024 AND 2023	BALANCE SHEETS JUNE 30, 2024 AND 2023	BALANCE SHEETS JUNE 30, 2024 AND 2023
Assets		June 30,2024				June 30,2023 Expressed in HK dollars
		Amount		%		Amount		%
Current assets Cash and cash equivalents Other receivables Prepayments Total current assets Non-current assets Property and equipment, net Right-of-use assets Other assets - non-current Total non-current assets Total assets Liabilities and shareholders’equity		203,937,555 $ 2,538,512 100,870 206,576,937 - 232,990 91,950 324,940 206,901,877 $ - $ - 155,466 258,462 413,928 192,600,000 13,643,938 244,011 206,487,949 206,901,877 $		99 1 - 100 - - - - 100 - - - - - 93 7 - 100 100	210,064,581 $ 2,133,929 55,721 212,254,231 8,988 223,095 480,000 712,083 212,966,314 $ 2,997,559 $ 720 880,887 3,654,719 7,533,885 192,600,000 16,719,420 3,886,991) ( 205,432,429 212,966,314 $		99 1 - 100 - - - - 100 2 - - 2 4 90 8 2) ( 96 100
Current liabilities Accounts payable Collections on behalf of third parties Other payables Current lease liabilities Total liabilities Shareholders’ equity Share capital Retained earnings Accumulated deficit Total shareholders’ equity Total liabilities and shareholders’ equity

~83~

c) Statements of comprehensive income

PRESIDENT WEALTH MANAGEMENT (HK) LTD. STATEMENTS OF COMPREHENSIVE INCOME SIX MONTHS ENDED JUNE 30, 2024 AND 2023

Accounts Expenditures and expenses Other operating expenses Total expenditures and expenses Non-operating gains and losses Other gains and losses Profit before tax Income tax expense Net income		Six months ended June 30,2024	Six months ended June 30,2024		Expressed in HK dollars Six months ended June 30,2023
		Amount - $ - - - - - $	% - - - - - -	Amount % 4,939) ($ 11) ( 4,939) ( 11) ( 51,220 111 46,281 100 - - 46,281 $ 100

~84~

PRESIDENT SECURITIES (HK) LTD. STATEMENTS OF COMPREHENSIVE INCOME SIX MONTHS ENDED JUNE 30, 2024 AND 2023

==> picture [682 x 240] intentionally omitted <==

----- Start of picture text -----

Expressed in HK dollars
Six months ended June 30, 2024 Six months ended June 30, 2023
Accounts Amount % Amount %
Revenue
Interest revenue $ 253 - $ 1,956 -
Other operating income 48,542 20 ( 12,684) -
Total revenue 48,795 20 ( 10,728) -
Expenditures and expenses
- - -
Handling charges ( 462)
Finance costs ( 6,483) ( 3) ( 7,015) -
Other operating expenses ( 4,044,787) ( 1,657) ( 7,693,668) 198
Total expenditures and expenses ( 4,051,270) ( 1,660) ( 7,701,145) 198
Non-operating gains and losses
Other gains and losses 4,246,486 1,740 3,824,882 ( 98)
Loss before tax 244,011 100 ( 3,886,991) 100
- - - -
Income tax expense
$ 244,011 100 ($ 3,886,991) 100
Net income (loss)
----- End of picture text -----

d) Transactions between related parties and foreign business ： None.

~85~

3) Information of overseas branches and representative office: None

4) Disclosure of investment in Mainland China

==> picture [757 x 281] intentionally omitted <==

----- Start of picture text -----

Accumulated Amount remitted from Taiwan to Accumulated
amount of Mainland China/ Amount Accumulated amount of
remittance remitted back to Taiwan for the amount of Investment income investment
from Taiwan six months ended June 30, 2024 remittance from Ownership (loss) recognized by Book value of income
to Mainland Taiwan to held by the the Company for the investments in remitted back
Investee in Paid-in Investment China as of Remitted to Mainland China Net income of Company six months ended June Mainland to Taiwan as
Mainland Main business capital method January 1, Mainland Remitted back to as of June 30, investee as of (direct or 30, 2024 China as of of June 30,
China activities (Note 4) (Note 1) 2024 China Taiwan 2024 June 30, 2024 indirect) (Note 2) June 30, 2024 2024
Jin Yuan Securities $6,667,500 Directly $ 3,138,169 $ - $ - $ 3,138,169 ($ 138,296) 49% ($ 67,765) $ 2,618,792 $ -
President brokering, invest in a The financial
Securities securities company in statements that are
Co., Ltd. dealing, Mainland
audited by
securities China
international
underwriting and
accounting firm which
sponsoring
has cooperative
service
relationship with
accounting firm in
R.O.C.
Accumulated amount of remittance Investment amount approved by the Ceiling on investments in Mainland China
Company name from Taiwan to Mainland China as of Investment Commission of the Ministry of imposed by the Investment Commission of
June 30, 2024 Economic Affairs (MOEA) MOEA
Jin Yuan President Securities Co.,Ltd. $ 3,138,169 $ 3,138,169 $ 20,269,420
----- End of picture text -----

Note 1: Investment methods are classified into the following three categories; fill in the number of category each case belongs to:

• (1) Directly invest in a company in Mainland China.

• (2) Through investing in an existing company in the third area, which then invested in the investee in Mainland.

• (Please indicate investment company in the third area.)

• (3) Others.

Note 2: In the ‘Investment income (loss) recognized by the Company for the six months ended June 30, 2024’ column:

~86~

• (1) It should be indicated if the investee was still in the incorporation arrangements and had not yet any profit during this period.

• (2) Indicate the basis for investment income (loss) recognition in the number of one of the following three categories:.

• a.The financial statements that are audited and attested by international accounting firm which has cooperative relationship with accounting firm in R.O.C.

• b. The financial statements that are audited and attested by R.O.C. parent company's CPA.

• c. Others.

Note 3: The numbers in this table are expressed in New Taiwan Dollars.

Note 4: The paid-in capital of Jin Yuan President Securities Co., Ltd. is CNY 1.5 billion.

• 5) Major shareholder information

==> picture [746 x 41] intentionally omitted <==

----- Start of picture text -----

Major shareholder Number of shares held (thousands) Shareholding ratio
Uni-President Enterprises Corp. 417,517 28.67%
----- End of picture text -----

• Note 1: The information of major shareholders in this table is based on the last business day of the end of each quarter by Taiwan Depository and Clearing Corp., which determines shareholders holding more than 5% of ordinary shares and special shares of securities firms that have completed unregistered delivery (including treasury shares). As for the share capital recorded in the financial report of the securities firm and the actual number of shares delivered by the securities firm without physical registration, there may be differences due to different calculation bases.

• Note 2: In the case of the above information, if a shareholder delivers shares to the trust, it is disclosed in individual accounts by the trustee who opened the trust account by the trustee. As for the shareholders’ declaration of insider’s shareholding in accordance with the Securities and Exchange Act, their shareholding includes their own shareholding plus the shares delivered to the trust and the right to use the trust property. For information on insider’s equity declaration, please refer to the Market Observation Post System.

~87~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF CASH AND CASH EQUIVALENTS

JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Item	Description	Amount
		$ 1,500 580,666 777,036 1,045,579 1,143,600 126,555
		$ 3,674,936

~88~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument Security lending Stocks： Others (the balance of each security does not exceed $100,000, collectively presented) Valuation adjustment Total Open-ended funds, money market instrument: Domestic and foreign funds Others (the balance of each security does not exceed $100,000, collectively presented) Valuation adjustment Total Trading securities-dealer Stocks: TSE Stocks Makalot Industrial Co., Ltd. DELTA ELECTRONICS, INC. HON HAI PRECISION IND. CO., LTD. TAIWAN SEMICONDUCTOR MANUFACTURING CO., LTD Accton Technology Corp. ASUSTEK COMPUTER INC. QUANTA COMPUTER INC. ELITE MATERIAL CO., LTD. MediaTek Inc. EVERGREEN MARINE CORP. (TAIWAN) LTD. Yang Ming Marine Transport Corp. LARGAN Precision Co.,Ltd Asia Vital Components Co., Ltd.	Description	Units, shares or certificates 9,018,000 9,249,607 363,219 1,547,937 13,822,598 5,654,905 226,946 217,226 793,198 279,189 623,752 1,164,532 2,784,813 108,000 442,089	Par value (dollar) $ 10 10 10 10 10 10 10 10 10 10 10 10 10	Total amount	Interest rate (%)	Cost $ 306,662 5,515 $ 312,177 $ 100,000 9,389 $ 109,389 $ 137,853 528,169 1,901,942 4,564,328 112,167 106,779 222,409 128,806 772,365 237,133 207,022 271,976 300,726	Unit price (dollars) $ 421.00 387.50 214.00 966.00 555.00 498.00 312.00 475.60 1,400.00 193.00 74.60 2,745.00 765.00	Totalamount $ 312,177 $ 109,389 $ 152,915 599,826 2,958,036 5,462,638 125,955 108,179 247,478 132,615 873,253 224,755 207,747 296,460 338,198	Changes in the fair value attributable to changes in creditrisk $ - $ - $ - - - - - - - - - - - - -	Remark

~89~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument GENIUS ELECTRONIC OPTICAL CO.,LTD. ASMEDIA TECHNOLOGY INC. DingZing Advanced Materials Inc. Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal OTC stocks eMemory Technology Inc AMPAK Technology, Inc Phison Electronics Corp Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal Emerging stocks Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal Exchange Traded Fund Yuanta U.S. Treasury 20+ Year Bond ETF Cathay U.S. Treasury 20+ Year Bond ETF Yuanta US 20+ Year BBB Corporate Bond ETF UPAMC NYSE FANG+ ETF Cathay MSCI Taiwan ESG Sustainability High Dividend Yield ETF CAPITAL TIP CUSTOMIZED TAIWAN SELECT HIGH DIVIDEND EXCHANGE TRADED FUND	Description	Units, shares or certificates 295,055 63,000 1,748,000 40,979,789 87,000 729,000 266,173 4,211,070 5,820,296 14,228,000 6,168,000 4,188,512 1,260,000 7,555,000 20,787,814	Par value (dollar) $ 10 10 10 10 10 10	Total amount	Interest rate (%)	Cost $ 166,428 134,856 342,533 3,139,417 13,274,909 206,291 104,721 166,454 608,331 1,085,797 232,790 232,790 418,201 193,478 148,969 104,020 173,742 544,430	Unit price (dollars) $ 662.00 2,240.00 198.50 2,570.00 141.50 617.00 29.93 31.17 35.62 89.95 23.69 25.85	Totalamount $ 195,326 141,120 346,978 3,298,739 15,710,218 233,590 103,154 164,229 655,035 1,146,008 230,451 230,451 425,844 192,257 149,195 113,337 178,978 537,365	Changes in the fair value attributable to changes in creditrisk $ - - - - - - - - - - - - - - - - - -	Remark

~90~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT JUNE 30, 2024 (Expressed in thousands of New Taiwan dollars)

Name of financial instrument CAPITAL ICE ESG 20+ YEAR BBB US CORPORATE EXCHANGE TRADED FUND Yuanta Taiwan Value High Dividend ETF CTBC Enhanced Yield 15+ Year Investment Grade Senior US Developed Markets Corporate ESG Screened Bond ETF Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal Unlisted stocks Others (the balance of each security does not exceed $100,000, collectively presented) Bonds: Government bonds Others (the balance of each security does not exceed $100,000, collectively presented) Ordinary Corporate Bonds B644D5 B86910 B903XD B903YD B903YP P23KEC2 P24QNBF1 P23SHB1 Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal	Description	Units, shares or certificates 9,200,000 24,100,000 10,550,000 88,818,212 329,746	~91~ Par value (dollar)	Total amount	Interest rate (%) 1.680% 1.490% 0.600% 1.490% 1.900% 6.330% 6.554% 6.430%	Cost $ 145,703 240,291 105,424 1,924,819 3,999,077 16,452 49,875 200,000 200,000 194,064 200,000 100,000 324,500 162,250 275,825 849,634 2,506,273	Unit price (dollars) $ 15.87 10.17 10.01	Totalamount $ 146,004 245,097 105,606 2,024,950 4,118,633 14,400 49,114 199,778 199,995 193,546 199,805 100,415 328,595 163,365 279,932 844,786 2,510,217	Changes in the fair value attributable to changes in creditrisk $ - - - - - - - - - - - - - - - - -	Remark

PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument Convertible corporate bonds 28887 53064 54573 61843 64145 80705 99412 Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal Overseas securities: US stocks NVIDIA CORP APPLE INC Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal Overseas bonds SHNHAN FLOAT11/16/25 MQGAU FLOAT 07/02/27 HYNMTR 6.25 11/03/25 HYNMTR FLOAT06/24/27 KRKPSC6.375 06/11/27 KOLAHO 5.75 10/06/25 SANUSA6.124 05/31/27 KSA 5.25 06/04/27 KOCRGF5.357 05/29/27 STANLN5.688 05/14/28	Description	Units, shares or certificates 42,869 20,494 62,093	Par value (dollar)	Total amount	Interest rate (%) 6.304% 6.250% 6.250% 6.406% 6.375% 5.750% 6.124% 5.250% 5.357% 5.688%	Cost $ 175,084 110,664 115,512 151,595 197,533 89,934 200,395 907,835 1,948,552 149,392 137,749 310,491 597,632 306,522 298,864 227,936 227,370 195,378 178,476 146,414 145,704 121,756 113,837	Unit price (dollars) $ 4,008.87 6,834.61	Totalamount $ 179,735 116,450 113,365 157,967 219,075 109,296 199,485 943,308 2,038,681 171,856 140,069 318,409 630,334 306,423 299,074 228,994 227,429 195,794 179,164 146,586 146,137 122,128 113,627	Changes in the fair value attributable to changes in creditrisk $ - - - - - - - - - - - - - - - - - - - - - - -	Remark

~92~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument KOROIL FLOAT04/03/27 NOMURA FLOAT07/02/27 Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal Hong Kong stocks Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal Japan stocks Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal Depository Receipt Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal Foreign index funds Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal Total Valuation adjustment Total market price	Description	Units, shares or certificates 193,000 143,500 17,085 35,078	Par value (dollar)	Total amount	Interest rate (%) 6.175% 6.590%	Cost $ 110,355 103,949 5,541,086 7,717,647 3,176 3,176 144,334 144,334 87,291 87,291 64,600 64,600 31,728,405 2,749,825 $ 34,478,230	Unit price (dollars)	Totalamount $ 110,920 104,424 5,547,604 7,728,304 3,144 3,144 143,193 143,193 92,423 92,423 63,110 63,110 $ 34,478,230	Changes in the fair value attributable to changes in creditrisk $ - - - - - - - - - - - - $ -	Remark

~93~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument Trading securities-underwriter Stocks: TSE Stocks Others (the balance of each security does not exceed $100,000, collectively presented) OTC Stocks Gudeng Precision Industrial Co., LTD Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal Bonds: Convertible corporate bonds Others (the balance of each security does not exceed $100,000, collectively presented) Total Valuation adjustment Total market price Trading securities-hedging Stocks: TSE Stocks FORTUNE ELECTRIC CO.,LTD China Metal Products Co., Ltd. HON HAI PRECISION IND. CO., LTD. Taiwan Semiconductor Manufacturing Co., Ltd. KING YUAN ELECTRONICS CO., LTD. MediaTek Inc. I-CHIUN PRECISION INDUSTRY CO., LTD.	Description	Units, shares or certificates 975,000 234,000 424,135 237,924 3,419,806 4,566,959 702,555 1,111,000 214,762 1,176,920	Par value (dollar) $ 10 $ 10 10 10 10 10 10 10	Total amount	Interest rate (%)	Cost $ 29,642 59,128 25,970 85,098 678,210 792,950 269,902 $ 1,062,852 $ 182,216 147,401 780,596 587,724 127,418 256,511 140,301	Unit price (dollars) $ 446.50 $ 945.00 46.90 214.00 966.00 119.00 1,400.00 135.00	Totalamount $ 48,872 104,481 33,113 137,594 876,386 $ 1,062,852 $ 224,838 160,389 977,329 678,668 132,209 300,667 158,884	Changes in the fair value attributable to changes in creditrisk $ - - - - - $ - $ - - - - - - -	Remark

~94~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument CROWELL DEVELOPMENT CORP. EVERGREEN MARINE CORP. (TAIWAN) LTD. Yang Ming Marine Transport Corp. EVA AIRWAYS CORPORATION LARGAN Precision Co.,Ltd Unimicron Technology Corp. Wistron Corporation Global Unichip Corp. EDISON OPTO CORPORATION Castles Technology Co., Ltd. FOSITEK CORP. Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal OTC stocks C.T.I. TRAFFIC INDUSTRIES CO.,LTD. CHIALIN Precision Industrial Co., Ltd. TEKCORE CO.,LTD. KEYSTONE MICROTECH CO. FORWARD ELECTRONICS CO., LTD. Wiselink Co., Ltd. Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal Domestic depositary receipt Others (the balance of each security does not exceed $100,000, collectively presented)	Description	Units, shares or certificates 2,390,057 2,600,436 3,116,995 4,979,992 43,468 605,273 1,241,212 113,694 7,037,000 1,330,951 198,000 46,600,859 1,515,356 1,720,000 3,250,000 268,908 2,508,000 3,671,000 18,375,583 124,000	Par value (dollar) $ 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10 10	Total amount	Interest rate (%)	Cost $ 92,432 531,518 232,371 186,893 107,153 113,521 134,976 171,756 181,263 165,658 154,693 4,270,708 8,565,109 181,699 147,631 98,065 97,711 194,169 406,370 2,004,960 3,130,605 840	Unit price (dollars) $ 45.35 193.00 74.60 38.15 2,745.00 180.00 106.00 1,605.00 28.80 131.00 760.00 174.50 102.00 48.60 415.50 72.20 153.00	Totalamount $ 108,389 501,884 232,528 189,987 119,320 108,949 131,568 182,479 202,666 174,355 150,480 4,331,452 9,067,041 264,430 175,440 157,950 111,731 181,078 561,663 2,049,843 3,502,135 867	Changes in the fair value attributable to changes in creditrisk $ - - - - - - - - - - - - - - - - - - - - - -	Remark

~95~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument Warrants Others (the balance of each security does not exceed $100,000, collectively presented) Exchange traded fund Others (the balance of each security does not exceed $100,000, collectively presented) Bonds: Convertible corporate bonds 21043 22013 23682 288701 28887 29061 31413 33101 33881 36804 44382 50097 53887 54573 61965 62822 64145 64723 65931 68061 68691 811210 82992	Description	Units, shares or certificates 12,263,000 108,000	Par value (dollar)	Total amount	Interest rate (%)	Cost $ 15,866 7,511 181,478 579,604 171,155 222,164 731,998 106,234 110,984 138,204 101,024 161,447 173,464 333,751 261,288 279,981 215,855 242,553 316,799 160,848 78,238 102,487 78,106 110,327 339,451	Unit price (dollars)	Totalamount $ 49,028 7,695 180,749 563,163 181,400 223,021 811,961 120,960 110,389 139,400 112,100 173,840 178,460 356,054 225,386 275,268 243,780 242,206 358,838 178,178 236,060 123,989 178,944 111,600 363,031	Changes in the fair value attributable to changes in creditrisk $ - - - - - - - - - - - - - - - - - - - - - - - - -	Remark

~96~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument 84221 99211 99412 Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal Corporate bond B99507 B99607 Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal Overseas securities: US stocks Others (the balance of each security does not exceed $100,000, collectively presented) Global depositary receipt Others (the balance of each security does not exceed $100,000, collectively presented) Foreign index fund Others (the balance of each security does not exceed $100,000, collectively presented) Japan stocks Others (the balance of each security does not exceed $100,000, collectively presented)	Description	Units, shares or certificates 219,393 137,467 342 25,000	~97~ Par value (dollar)	Total amount	Interest rate (%) 3.70% 3.70%	Cost $ 109,350 201,039 396,443 3,708,739 9,568,011 1,000,000 2,000,000 90,000 3,090,000 319,203 3,440 5,306 23,579	Unit price (dollars)	Totalamount $ 120,365 213,082 389,268 3,923,389 10,334,881 1,009,993 2,019,922 90,043 3,119,958 328,553 3,251 5,596 42,140	Changes in the fair value attributable to changes in creditrisk $ - - - - - - - - - - - - -	Remark

PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument Korea Stocks Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal Valuation adjustment Total market price Total	Description	Units, shares or certificates 23,725	Par value (dollar)	Total amount	Interest rate (%)	Cost $ 50,849 24,780,319 1,743,999 26,524,318 $ 62,486,966	Unit price (dollars)	Totalamount $ 63,173 26,524,318 $ 62,486,966	Changes in the fair value attributable to changes in creditrisk $ - - $ -	Remark

~98~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME - CURRENT

JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument Stocks: TSE Stocks Taiwan Semiconductor Manufacturing Co., Ltd. Valuation adjustment Total market price Overseas bonds: ACGB 2.5 05/21/30 ACGB 3.25 04/21/29 T 4.625 09/30/28 T 4.125 10/31/27 Total Valuation adjustment Total market price Total	Description	Shares or certificates 667,000	Par value $ 10	Total amount	Interest rate (%) 2.500% 3.250% 4.625% 4.125%	Cost Accumulated impairment $ 189,812 454,510 644,322 1,230,542 212,534 1,354,201 327,840 3,125,117 ( 57,527 ) 3,067,590 $ 3,711,912	Fair value	Fair value
							Unit price (dollars) $ 966.00	Total amount
								$ 644,322
								1,182,959 207,537 1,356,512 320,582
								3,067,590
								$ 3,711,912

~99~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF DERIVATIVES INSTRUMENTS

JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of derivatives instruments Derivatives assets Derivative financial instrument assets - OTC Currency derivative instruments Future Options bought - futures Futures Margin - Own Funds Total Total derivatives assets Derivative liabilities Derivative financial instrument liabilities - OTC Options sold Currency derivative instruments Structured products Subtotal Call (put) warrants Issuance of call (put) warrants Future Options sold - futures ETNs Issuance of ETNs Total derivative liabilities	Description President Futures Corp. Capital Securities Corp. Yuanta Futures Co. Ltd. KGI Securities Co. Ltd.	Fair value $ 35,866 4,411 4,300,064 52,765 230,543 130,739 4,718,522 $ 4,754,388 $ 3,725,656 3,074 693,862 4,422,592 2,351,974 4,188 470,847 $ 7,249,601	Remark
			Note 1 Note 1 Note 1 Note 1 Note 1 Note 1 Note 2 Note 2 Note 2 Note 2 Note 2 Note 2

Note 1 ： shown as “Financial assets at fair value through profit or loss – current”. Note 2 ： shown as “Financial liabilities at fair value through profit or loss – current”.

~100~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF MARGIN LOANS RECEIVABLE

JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of securities Taiwan Semiconductor Manufacturing Co., Ltd Alchip Technologies, Limited MediaTek Inc. Asia Vital Components Co., Ltd Wistron Corporation AURAS Technology Co.,Ltd. Hon Hai Precision Industry Co., Ltd. ASMEDIA TECHNOLOGY INC. ELITE MATERIAL CO., LTD. PARADE TECHNOLOGIES, LTD. Others Less: Allowance for uncollectible accounts Total	Shares 1,869,000 286,000 986,000 1,022,000 4,758,000 658,000 3,118,000 183,000 982,000 434,000 477,927,000 (	Amount $ 774,174 510,541 507,284 426,436 333,837 306,731 300,237 252,162 224,427 219,344 18,328,528 28,019 ) $ 22,155,682	Remark

~101~

PRESIDENT SECURITIES CORPORATION STATEMENT OF ACCOUNTS RECEIVABLE

JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of Client Related party: President Futures Corp. Others Non-related party: Settlement price receivable-brokers Others Settlement price Taiwan Stock Exchange Corporation Taiwan Depository & Clearing Corporation Settlement price receivable-dealer Taiwan Stock Exchange Corporation Others Spot exchange receivable, foreign currencies Others Settlement price receivable-Foreign Bonds Others Interest receivable Others Dividends receivable Others Others Less: Allowance for uncollectible accounts Total	Description (	Amount $ 3,005 1,545 $ 4,550 $ 19,471,715 2,636,282 39,778 2,676,060 5,238,787 452,286 5,691,073 126,916 3,253,294 505,938 156,698 356,290 338 ) $ 32,237,646	Remark

Note: The balance of single client does not exceed 5% of the balance of account is listed as others.

~102~

PRESIDENT SECURITIES CORPORATION STATEMENT OF OTHER CURRENT ASSETS

JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Item Pending settlements Pledged time deposits Deposits-in for foreign currency securities Underwriting share proceeds collected on behalf of customers Amounts held for each customer in the account Others Total	Description	Amount $ 292,757 500,000 24,743 117,970 1,476,114 45,794 $ 2,457,378	Remark

~103~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF CHANGES IN FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - NON-CURRENT

FOR THE SIX MONTHS ENDED JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument Stocks: Unlisted stocks HUA VI VENTURE CAPITAL CORPORATION Bonds: Government bonds A11106 Total	Beginningbalance	Beginningbalance	Increased	Increased		Decreased Shares or certificates Amount ( $ 8,430 ) ( 459 ) ( $ 8,889 )	Ending	balance	Collateral	Remark
	Shares or certificates	Fair value	Shares or certificates	Amount		Shares or certificates ( ( (	Shares or certificates	Fair value
	43,478	$ 10,004 49,776		$ - -			43,478	$ 1,574 49,317	No Yes (Note)
		$ 59,780		$ -				$ 50,891

Note: Applying for guarantee for trust fund.

~104~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF CHANGES IN FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME - NON-CURRENT FOR THE SIX MONTHS ENDED JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument Stocks: Unlisted stocks Taiwan Depository & Clearing Corporation Taiwan Futures Exchange Corporation Total	Beginningbalance	Beginningbalance	Increased	Increased	Decreased Shares or certificates Amount - $ - - - $ -	Ending	balance	Collateral	Remark
	Shares or certificates	Fair value	Shares or certificates - -	Amount	Shares or certificates - -	Shares or certificates	Fair value
	1,592 ,612 1,091,300	$ 194,553 112,895		$ 45,342 19,436		1,592,612 1,091,300	$ 239,895 132,331	No No
		$ 307,448		$ 64,778			$ 372,226

~105~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF CHANGES IN INVESTMENTS ACCOUNTED FOR UNDER THE EQUITY METHOD FOR THE SIX MONTHS ENDED JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name President Futures Corp. President Capital Management Corp. President Securities (HK) Ltd. President Wealth Management (HK) Ltd. Uni-President Asset Management Corp. PSC Venture Capital Investment Limited Company President Insurance Agency Corp. Jin Yuan President Securities Co., Ltd. Total	Beginningbalance	Beginningbalance	Increased Shares Amount (Note 1) - $ 314,042 - - - 47,625 - - - 185,752 - 7,941 - 45,516 - 70,840 $ 671,716	Decreased Shares Amount (Note 2) - ( $ 222,722 ) - ( 9,616 ) - - - - - ( 219,218 ) - - - ( 41,621 ) - ( 67,765 ) ( $ 560,942 )		Endingbalance	Amount $ 2,791,203 300,836 857,959 - 763,095 254,152 69,199 2,618,792 $ 7,655,236	Market value or net equityvalue	Market value or net equityvalue	Collateral	Remark
	Shares 63,817,303 30,000,000 192,600,000 23,400,000 14,904,630 30,000,000 1,000,000 -	Amount	Shares - - - - - - - -		Shares	Shareholding ratio		Unit price (dollars) $ 43.74 10.03 4.45 - 39.16 8.47 69.20 -	Total amount
		$ 2,699,883 310,452 810,334 - 796,561 246,211 65,304 2,615,717			63,817,303 30,000,000 192,600,000 23,400,000 14,904,630 30,000,000 1,000,000 -	96.69% 100.00% 100.00% 100.00% 42.46% 100.00% 100.00% 49.00%			$ 2,791,203 300,836 857,959 - 583,723 254,152 69,199 2,618,792	No No No No No No No No
		$ 7,544,462							$ 7,475,864

Note 1: These are shares of the profit accounted for under the equity method, investments in accounted for under the equity method and other comprehensive gain of subsidiaries, associates, and joint ventures accounted for under the equity method.

Note 2: These are shares of the loss accounted for under the equity method, dividends received and other comprehensive loss of subsidiaries, associates, and joint ventures accounted for under the equity method.

~106~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF CHANGES IN PROPERTY, PLANT AND EQUIPMENT FOR THE SIX MONTHS ENDED JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Item Land Buildings Equipment Leasehold improvements Total	Beginning balance $ 1,631,492 1,087,437 442,860 16,486 $ 3,178,275	Increased $ - 2,970 50,870 3,753 $ 57,593	Decreased $ - ( 2,089) ( 17,791) - ( $ 19,880)	Endingbalance $ 1,631,492 1,088,318 475,939 20,239 $ 3,215,988	Collateral Note 1 Note 2 No No	Remark

Note 1: The amount of land pledged as security for short-term loans and guarantees for issuance of commercial papers is $959,788. Note 2: The amount of buildings pledged as security for short-term loans and guarantees for issuance of commercial papers is $123,221.

~107~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF CHANGES IN ACCUMULATED DEPRECIATION OF PROPERTY, PLANT AND EQUIPMENT FOR THE SIX MONTHS ENDED JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Item Buildings Equipment Leasehold improvements Total	Beginningbalance ( $ 527,009) ( 181,738) ( 9,299) ( $ 718,046)	Increased ( $ 19,442) ( 55,115) ( 1,893) ( $ 76,450)	Decreased $ 2,089 17,791 - $ 19,880	Endingbalance ( $ 544,362) ( 219,062) ( 11,192) ( $ 774,616)	Remark
					Notes 1 and 2 Notes 1 and 3 Notes 1 and 4

Note 1: Property and equipment are depreciated using the straight-line method to allocate their cost over their estimated useful lives. Note 2: The useful lives of buildings are 5 to 50 years.

Note 3: The useful lives of equipment are 3 to 10 years. Note 4: The useful lives of leasehold improvements are 5 years.

~108~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF CHANGES IN RIGHT-OF-USE ASSETS

FOR THE SIX MONTHS ENDED JUNE 30, 2024

Item Buildings Transportation equipment (Business vehicles) Office equipment (Photocopiers) Total	(Expressed in thousands of New Beginning balance Increased $ 258,792 $ 64,738 27,756 1,888 11,409 - $ 297,957$ 66,626	Taiwan dollars) Decreased ( $ 28,699) ( 4,025) - ( $ 32,724)	Ending balance $ 294,831 25,619 11,409 $ 331,859	Remark

~109~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF CHANGES IN ACCUMULATED DEPRECIATION OF RIGHT-OF-USE ASSETS FOR THE SIX MONTHS ENDED JUNE 30, 2024

FOR THE SIX MONTHS ENDED JUNE 30, 2024
(Expressed in thousands of New Taiwan dollars) Item Beginning balance Increased Decreased Accumulated depreciation - Buildings ( $ 149,462) ( $ 33,458) $ 28,699 Accumulated depreciation - Transportation equipment (Business vehicles) ( 14,781) ( 2,710) 2,696 Accumulated depreciation - Office equipment (Photocopiers) ( 7,421) ( 1,158) - Total ( $ 171,664) ( $ 37,326) $ 31,395	Endingbalance
	( $ 154,221) ( 14,795) ( 8,579)
	( $ 177,595)

~110~

PRESIDENT SECURITIES CORPORATION STATEMENT OF LEASE LIABILITIES

JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Item Current lease liabilities Buildings Business vehicles Equipment Subtotal Non-current lease liabilities Buildings Business vehicles Equipment Subtotal Total	Description Office and parking space Business vehicles Office equipment Office and parking space Business vehicles Office equipment	Leaseperiod 2019/01-2029/03 2019/07-2029/06 2019/08-2027/07 2019/01-2029/03 2019/07-2029/06 2019/08-2027/07	Discount rate 0.571%~1.7386% 0.571%~1.7386% 0.571%~1.7082% 0.571%~1.7386% 0.571%~1.7386% 0.571%~1.7082%	Endingbalance $ 49,953 4,113 2,351 56,417 87,524 6,918 700 95,142 $ 151,559	Remark

~111~

PRESIDENT SECURITIES CORPORATION STATEMENT OF SHORT-TERM LOANS

JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Type of loan Unsecured loans Secured loans Call loan Total	Description	Endingbalance $ 11,773,070 770,000 292,050 $ 12,835,120	Contract term Due within one year Due within one year Due within one year	Interest rate 1.775%~5.770% 1.950% 5.760%~5.770%	Loan Commitment $ 16,393,700 4,500,000 3,796,650 $ 24,690,350	Collateral Time deposits, real estate	Remark

~112~

PRESIDENT SECURITIES CORPORATION STATEMENT OF ACCOUNTS PAYABLE

JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of client Non-related parties: Settlement accounts payable - brokered trading Others Settlement proceeds Taiwan Stock Exchange Corporation Taiwan Depository & Clearing Corporation Settlement accounts payable - operating Taiwan Stock Exchange Corporation Others Spot exchange payable, foreign currencies Others Settlement accounts payable - foreign bonds Others Others Total	Description	Amount $ 21,168,360 1,046,329 47,110 1,093,439 4,420,050 537,719 4,957,769 126,907 4,088,332 538,882 $ 31,973,689	Remark

Note: The balance of single client does not exceed 5% of the balance of account is listed as others.

~113~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date(Note)	MaturityDate	Interest rate	Type	Par value
A12101R B618D1 B644D5 B644DB B718A4 B718AQ B86910 B86910 B903XD B903YD B903YE B903YH B903YP B903YS B903YS B903YU B903ZG G13111 50097 53887 53887 53887 27271 84221 65931 99211 61965 61965 30882 41902	20240611 20240605 20240605 20240619 20240528 20240621 20240614 20240607 20240527 20240613 20240619 20240612 20240614 20240611 20240621 20240614 20240611 20240621 20240628 20240611 20240620 20240621 20240619 20240628 20240627 20240613 20240605 20240626 20240620 20240626	20240711 20240704 20240704 20240718 20240702 20240705 20240717 20240709 20240701 20240708 20240718 20240711 20240717 20240717 20240712 20240712 20240717 20240712 20240712 20240709 20240711 20240723 20240712 20240723 20240709 20240709 20240703 20240711 20240711 20240703	1.14% 1.52% 1.38% 1.39% 1.38% 1.50% 1.47% 1.51% 1.38% 1.52% 1.39% 1.38% 1.47% 1.52% 1.53% 1.38% 1.52% 1.53% 1.55% 1.55% 1.55% 1.55% 1.55% 1.55% 1.55% 1.55% 1.55% 1.55% 1.55% 1.55%	Central Government Bonds Ordinary Corporate Bonds Ordinary Corporate Bonds Ordinary Corporate Bonds Ordinary Corporate Bonds Ordinary Corporate Bonds Ordinary Corporate Bonds Ordinary Corporate Bonds Ordinary Corporate Bonds Ordinary Corporate Bonds Ordinary Corporate Bonds Ordinary Corporate Bonds Ordinary Corporate Bonds Ordinary Corporate Bonds Ordinary Corporate Bonds Ordinary Corporate Bonds Ordinary Corporate Bonds Financial Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds	$ 45,100 50,000 200,000 50,000 100,000 100,000 100,000 100,000 200,000 200,000 50,000 100,000 100,000 50,000 50,000 100,000 100,000 100,000 50,000 50,000 20,000 43,000 20,000 50,000 16,000 100,000 50,000 50,000 20,000 10,000	$ 50,000 50,000 200,388 50,000 100,000 100,000 100,000 100,000 201,049 200,000 50,000 101,189 100,000 50,000 50,000 101,196 100,000 100,000 50,131 50,000 20,000 43,000 20,014 50,000 16,023 100,000 50,000 50,000 20,000 10,031

~114~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date(Note)	MaturityDate	Interest rate	Type	Par value
62843 89383 23682 23682 54573 54573 22313 24393 62791 36804 29061 24361 21043 21043 33881 62822 62822 62822 31413 30425 30425 68061 68691 82101 28887 28887 28887 28887 28887 28887	20240626 20240613 20240627 20240612 20240620 20240621 20240624 20240626 20240627 20240628 20240624 20240626 20240606 20240613 20240627 20240607 20240624 20240621 20240613 20240619 20240627 20240606 20240606 20240627 20240531 20240605 20240606 20240611 20240612 20240626	20240703 20240709 20240709 20240710 20240702 20240712 20240715 20240703 20240709 20240712 20240715 20240703 20240708 20240709 20240709 20240708 20240715 20240723 20240717 20240712 20240715 20240708 20240708 20240709 20240701 20240705 20240708 20240709 20240710 20240711	1.55% 1.55% 1.55% 1.55% 1.55% 1.55% 1.56% 1.55% 1.55% 1.55% 1.56% 1.55% 1.55% 1.55% 1.55% 1.55% 1.56% 1.55% 1.55% 1.55% 1.56% 1.55% 1.55% 1.55% 1.54% 1.55% 1.55% 1.55% 1.55% 1.55%	Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds	$ 15,000 14,000 49,000 50,000 100,000 80,000 25,000 10,000 25,000 50,000 26,000 18,000 50,000 50,000 32,000 50,000 90,000 30,000 50,000 30,000 18,000 28,000 50,000 20,000 70,000 200,000 50,000 100,000 50,000 100,000	$ 15,003 14,000 49,070 50,000 100,000 80,000 25,000 10,031 25,049 50,131 26,000 18,056 50,000 50,000 32,062 50,000 90,000 30,000 50,025 30,022 18,000 28,000 50,000 20,028 70,000 200,000 50,000 100,000 50,000 100,000

~115~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date(Note)	MaturityDate	Interest rate	Type	Par value
28887 82992 82992 82992 61906 22013 22013 22013 22013 22013 99412 99412 99412 50097 50097 50097 37074 44382 44382 44382 64145 64145 P23KEC2 P23KEC2 P24QNBF1 P23SHB1 P23SHB1 P23SHB1 P23SHB1 P23SHB1	20240620 20240605 20240626 20240621 20240606 20240606 20240611 20240625 20240620 20240620 20240613 20240620 20240628 20240617 20240619 20240624 20240626 20240625 20240613 20240628 20240624 20240620 20240521 20240619 20240508 20240614 20240503 20240503 20240503 20240506	20240722 20240703 20240703 20240712 20240708 20240701 20240708 20240711 20240711 20240711 20240709 20240711 20240722 20240710 20240712 20240716 20240703 20240702 20240717 20240723 20240716 20240722 20240417 20240620 20240408 20240702 20240703 20240703 20240703 20240705	1.55% 1.55% 1.55% 1.55% 1.55% 1.55% 1.55% 1.55% 1.55% 1.55% 1.55% 1.55% 1.55% 1.55% 1.55% 1.56% 1.55% 1.55% 1.55% 1.55% 1.56% 1.55% 5.55% 5.55% 5.55% 5.65% 5.30% 5.30% 5.30% 5.30%	Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds) Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds Convertible Corporate Bonds International Bonds (USD) International Bonds (USD) International Bonds (USD) International Bonds (USD) International Bonds (USD) International Bonds (USD) International Bonds (USD) International Bonds (USD)	$ 60,000 50,000 35,000 20,000 22,000 100,000 50,000 50,000 40,000 50,000 86,000 100,000 150,000 50,000 50,000 100,000 12,000 19,000 50,000 50,000 60,000 50,000 81,125 243,375 162,250 162,250 15,901 4,219 5,192 6,490	$ 60,000 50,000 35,008 20,000 22,000 100,000 50,000 50,000 40,000 50,000 86,000 100,000 150,000 50,000 50,036 100,000 12,038 19,036 50,025 50,000 60,000 50,000 74,911 225,083 149,224 157,837 15,875 3,924 5,127 6,486

~116~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date(Note)	MaturityDate	Interest rate	Type	Par value
P23SHB1 WSTP FLOAT 12/15/26 ACGB 2.5 05/21/30 ACGB 2.5 05/21/30 ACGB 2.5 05/21/30 ACGB 3.25 04/21/29 ACGB 2.5 05/21/30 ACGB 2.5 05/21/30 ACGB 2.5 05/21/30 ACGB 2.5 05/21/30 EIBKOR 5.25 05/20/31 ANZ FLOAT 02/05/27 NAB 6.342 06/06/39 ANZ FLOAT 06/18/27 ANZ FLOAT 06/18/29 NAB 5.2 11/16/26 INGAU FLOAT 03/22/27 NAB FLOAT 05/10/27 WSTP FLOAT 05/14/29 KIWI FLOAT 04/02/27 DBSSP FLOAT 02/26/27 UOBSP FLOAT 04/16/27 ACGB 3.25 04/21/29 ACGB 2.5 05/21/30 CNHI 5.4 05/17/27 EIBKOR 5.25 05/20/31 UBS 5.57 11/24/26 VW 5.55 06/14/28 ACGB 2.5 05/21/30 ACGB 3.25 04/21/29	20240614 20240116 20240320 20240405 20240502 20240502 20240502 20240502 20240502 20240502 20240521 20240612 20240617 20240619 20240619 20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240621 20240621 20240621 20240621 20240621 20240621	20240712 20241216 20250220 20250305 20250402 20250402 20250402 20250402 20250402 20250402 20250421 20250512 20250519 20250519 20250519 20250620 20250620 20250620 20250620 20250620 20250620 20250620 20250620 20250620 20250521 20250521 20250521 20250521 20250521 20250521	5.25% 4.50% 4.45% 4.46% 4.45% 4.45% 4.45% 4.45% 4.45% 4.45% 4.50% 4.55% 4.60% 4.53% 4.53% 4.48% 4.50% 4.53% 4.53% 4.50% 4.52% 4.52% 4.43% 4.43% 4.60% 4.60% 4.60% 4.60% 4.48% 4.48%	International Bonds (USD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD)	$ 8,437 21,520 32,280 64,560 64,560 21,520 258,240 21,520 32,280 64,560 10,760 10,760 21,520 10,760 10,760 21,520 10,760 10,760 10,760 79,624 21,520 21,520 107,600 322,800 21,520 10,760 21,520 10,760 430,400 86,080	$ 8,227 20,229 29,452 58,841 59,390 20,161 237,562 19,797 29,998 59,390 9,757 9,986 18,772 9,792 9,792 20,102 9,900 9,848 9,855 72,351 19,860 19,534 104,457 295,961 19,897 10,028 20,751 9,889 377,396 79,650

~117~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date(Note)	MaturityDate	Interest rate	Type	Par value
VW 5.55 06/14/28 ARTAUS5.598 06/12/31 SHNHAN FLOAT11/16/25 ACGB 4.25 06/21/34 BMO 5.338 06/27/29 BMO FLOAT 06/27/29 ACGB 4.25 06/21/34 DE 5.05 06/28/29 VW 5.55 06/14/28 CEUAU 5.6 06/27/31 ANZ FLOAT 02/05/29 SANTAN4.625 10/18/27 DANBNK 4.5 11/09/28 DANBNK 4.5 11/09/28 JEF 3.875 04/16/26 GM 4 07/10/30 LLOYDS3.875 05/14/32 LEASYS 4.5 07/26/26 PTSB 6.625 06/30/29 SYDBDC4.125 09/30/27 AARB 5.875 05/29/26 BTPS 4.05 10/30/37 VW 3.75 09/10/26 DANBNK 4.5 11/09/28 JEF 3.875 04/16/26 HSBC 3.755 05/20/29 BTPS 4.2 03/01/34 RBIAV 4.5 05/31/30 BARY 4 06/14/29 CEZCP 4.25 06/11/32	20240626 20240627 20240627 20240628 20240628 20240628 20240701 20240701 20240701 20240701 20240701 20231107 20231206 20240117 20240513 20240513 20240515 20240521 20240521 20240604 20240604 20240605 20240611 20240612 20240612 20240612 20240617 20240617 20240617 20240620	20250526 20250527 20250527 20250528 20250528 20250528 20250602 20250602 20250602 20250602 20250602 20241007 20241106 20241217 20250414 20250414 20250415 20250421 20250421 20250505 20250505 20250505 20250512 20250512 20250512 20250512 20250519 20250519 20250519 20250520	4.53% 4.53% 4.53% 4.48% 4.52% 4.52% 4.45% 4.55% 4.55% 4.55% 4.55% 3.85% 3.90% 3.90% 3.85% 3.85% 3.85% 3.85% 3.85% 3.85% 3.85% 3.85% 3.85% 3.87% 3.87% 3.87% 3.85% 3.88% 3.88% 3.85%	Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (AUD) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR)	$ 10,760 21,520 301,280 10,760 32,280 43,040 21,520 21,520 10,760 21,520 19,583 34,710 17,355 17,355 34,710 20,826 34,710 34,710 17,335 34,710 34,710 17,355 52,065 17,355 17,355 34,710 17,355 13,884 13,884 17,355	$ 9,792 19,504 283,830 10,302 29,430 39,636 20,984 19,466 9,723 19,407 18,052 33,112 16,832 16,448 31,916 19,276 31,872 33,432 18,143 31,618 31,902 15,914 47,807 16,621 15,983 31,614 16,564 13,255 13,121 15,790

~118~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date(Note)	MaturityDate	Interest rate	Type	Par value
ARION 4.625 11/21/28 ERSTEI4.875 01/31/29 SWEDA 4.625 05/30/26 LEASYS 4.5 07/26/26 LSELN 4.125 09/29/26 LEASYS4.625 02/16/27 SANTAN 3.5 01/09/28 ARION 4.625 11/21/28 ARION 4.625 11/21/28 HEIGR 3.95 07/19/34 SDFGR 4.25 06/19/29 EDF 4.125 06/17/31 CBAAU 4.266 06/04/34 VW 3.875 09/10/30 DB 4.125 04/04/30 CEZCP 4.25 06/11/32 FRTR 3 11/25/34 VW 3.75 09/10/26 BTPS 4.05 10/30/37 BNP 4.042 01/10/32 BNP 4.042 01/10/32 PIFKSA5.125 06/11/29 AABOND 6.85 07/31/31 UBS 5.6 PERP HYNMTR 5.65 06/26/26 T 4.625 09/30/28 T 4.625 09/30/28 HYNMTR 6.25 11/03/25 T 4.625 09/30/28 JPM FLOAT 12/08/26	20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240621 20240621 20240621 20240625 20240626 20240626 20240626 20240626 20240627 20240627 20240627 20240628 20240612 20240620 20240627 20240815 20241031 20241107 20241107 20241120 20241215	20250520 20250520 20250520 20250520 20250520 20250520 20250520 20250520 20250520 20250521 20250521 20250521 20250526 20250526 20250526 20250526 20250526 20250527 20250527 20250527 20250528 20250512 20250620 20240802 20240715 20240930 20241007 20241007 20241021 20241115	3.85% 3.87% 3.75% 3.85% 3.75% 3.87% 3.90% 3.85% 3.85% 3.85% 3.80% 3.87% 3.90% 3.85% 3.87% 3.87% 3.83% 3.87% 3.87% 3.87% 3.88% 5.43% 5.45% 4.20% 5.53% 5.45% 5.44% 5.55% 5.43% 5.55%	Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (EUR) Foreign Bonds (GBP) Foreign Bonds (GBP) Foreign Bonds (SGD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD)	$ 17,355 17,355 34,710 34,710 34,710 17,355 34,710 34,710 34,710 17,355 34,710 13,884 34,710 17,355 17,355 17,355 17,355 17,355 17,355 17,355 27,768 41,040 20,520 23,920 16,255 162,250 48,675 24,338 48,675 97,350	$ 16,206 15,967 32,510 33,202 32,147 16,339 31,707 32,113 32,113 15,674 32,892 12,901 31,871 15,893 15,840 15,809 17,059 16,014 16,014 16,294 26,032 38,284 18,809 17,949 14,676 156,622 49,089 22,481 48,396 89,741

~119~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date(Note)	MaturityDate	Interest rate	Type	Par value
DAESEC6.875 07/26/26 T 4.625 09/30/28 ANZ FLOAT 01/18/27 T 4.625 09/30/28 T 4.625 09/30/28 T 4.625 09/30/28 T 4.625 09/30/28 T 4.125 10/31/27 T 4.625 09/30/28 T 4.625 09/30/28 T 4.625 09/30/28 T 4.625 09/30/28 HNDA FLOAT 03/12/27 ANZ FLOAT 03/18/26 ANZ FLOAT 03/18/26 T 4.625 09/30/28 WFC FLOAT 01/15/26 T 4.625 09/30/28 KOROIL FLOAT04/03/27 KHFC 5.375 11/15/26 KORELE5.375 07/31/26 MUFG 5.258 04/17/30 ADQABU5.375 05/08/29 HIGHWY 5 05/14/27 STANLN5.688 05/14/28 WSTP FLOAT 04/16/29 NWG 5.41 05/17/29 HYUELE 5.5 01/16/29 LGENSO5.625 09/25/26 GS FLOAT 05/21/27	20240110 20240122 20240122 20240130 20240205 20240222 20240221 20240223 20240223 20240226 20240229 20240308 20240315 20240319 20240320 20240320 20240325 20240402 20240408 20240422 20240423 20240503 20240514 20240515 20240516 20240517 20240520 20240521 20240521 20240522	20241210 20241223 20241223 20241230 20250106 20250122 20250121 20250123 20250123 20250127 20250129 20250210 20250217 20250219 20250220 20250220 20250225 20250303 20250310 20250324 20250324 20250403 20250414 20250415 20250416 20250417 20250421 20250421 20250421 20250422	5.55% 5.45% 5.55% 5.45% 5.45% 5.45% 5.44% 5.45% 5.45% 5.44% 5.44% 5.44% 5.55% 5.53% 5.53% 5.44% 5.54% 5.43% 5.55% 5.55% 5.53% 5.53% 5.55% 5.53% 5.53% 5.53% 5.53% 5.53% 5.53% 5.53%	Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD)	$ 32,450 32,450 32,450 32,450 32,450 324,500 146,025 324,500 259,600 32,450 32,450 32,450 64,900 16,225 16,225 32,450 8,113 32,450 110,330 19,470 16,225 32,450 14,603 19,470 32,450 35,695 35,450 16,225 32,450 64,900	$ 31,300 33,053 29,924 33,142 33,316 331,214 146,136 319,998 262,676 32,372 33,121 32,704 59,768 15,431 15,433 33,112 7,555 32,234 99,964 18,378 15,044 29,843 13,206 18,003 30,877 34,027 30,916 15,307 30,408 61,648

~120~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date(Note)	MaturityDate	Interest rate	Type	Par value
DAESEC5.875 01/26/27 UBS 6.327 12/22/27 KOCRGF5.357 05/29/27 KOCRGF5.357 05/29/27 PIFKSA 6 10/25/28 STANLN5.688 05/14/28 KOCRGF5.357 05/29/27 STANLN5.688 05/14/28 SANUSA6.124 05/31/27 HYNCRD 5.75 04/24/29 SANUSA6.124 05/31/27 KSA 5.25 06/04/27 C 5.864 09/29/25 AXP 6.338 10/30/26 HNDA 5.8 10/03/25 KEBHNB 5.75 10/24/28 KOLAHO 5.75 10/06/25 BACR 6.496 09/13/27 KSA 5.25 06/04/27 KSA 5.25 06/04/27 SHINCA 5.5 03/12/29 SECBPM 5.5 05/14/29 KSA 5.25 06/04/27 STANLN5.688 05/14/28 KUB 5.33 05/29/27 OCBCSP 5.52 05/21/34 NIPLIF 5.95 04/16/54 SANUSA6.124 05/31/27 KRKPSC6.375 06/11/29 KRKPSC6.375 06/11/27	20240522 20240522 20240530 20240530 20240531 20240531 20240531 20240604 20240604 20240604 20240605 20240605 20240606 20240606 20240606 20240606 20240606 20240606 20240606 20240606 20240606 20240606 20240607 20240607 20240607 20240607 20240607 20240611 20240612 20240612	20250422 20250422 20250430 20250430 20250430 20250430 20250430 20250505 20250505 20250505 20250505 20250505 20250506 20250506 20250506 20250506 20250506 20250506 20250506 20250506 20250506 20250506 20250507 20250507 20250507 20250507 20250507 20250512 20250512 20250512	5.53% 5.53% 5.53% 5.53% 5.55% 5.53% 5.53% 5.53% 5.55% 5.55% 5.55% 5.53% 5.53% 5.53% 5.53% 5.53% 5.53% 5.55% 5.55% 5.55% 5.55% 5.53% 5.54% 5.53% 5.53% 5.55% 5.53% 5.54% 5.53% 5.53%	Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD)	$ 48,675 32,450 32,450 48,675 32,450 32,450 40,563 16,225 32,450 48,675 81,125 32,450 64,900 48,675 32,450 32,450 64,900 32,450 48,675 32,450 32,450 32,450 32,450 16,225 32,450 40,563 16,225 32,450 64,900 64,900	$ 45,587 32,122 30,000 45,150 31,687 30,817 37,661 15,148 30,951 46,657 77,454 29,530 60,778 45,546 30,335 30,801 60,449 31,521 46,241 30,828 31,367 29,754 30,186 15,523 30,960 37,840 15,061 31,053 59,186 59,343

~121~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date(Note)	MaturityDate	Interest rate	Type	Par value
KRKPSC6.375 06/11/27 KRKPSC6.375 06/11/27 NAB FLOAT 06/11/27 NAB 5.181 06/11/34 F 5.85 05/17/27 SOCGEN5.519 01/19/28 DAESEC5.875 01/26/27 KSA 5.25 06/04/30 ADQABU5.375 05/08/29 KSA 5.25 06/04/34 UBS 7.75 PERP BANCO 7.95 PERP MBTPM 5.375 03/06/29 KSA 5.25 06/04/34 HYNMTR 6.25 11/03/25 CITNAT 5.25 05/09/29 MVMHU 7.5 06/09/28 LGENSO 5.75 09/25/28 KORHIC 5.5 07/17/26 BFCM 5.896 07/13/26 HYUELE 5.5 01/16/27 ADQABU5.375 05/08/29 ADQABU 5.5 05/08/34 CITNAT5.375 05/08/27 LGELEC5.625 04/24/27 CFG 6.645 04/25/35 CKHH 5.375 04/26/29 SUMIBK 5.88 07/13/26 KOROIL 5.25 11/14/26 HYNMTR 6.1 09/21/28	20240612 20240612 20240612 20240614 20240617 20240617 20240617 20240618 20240618 20240618 20240618 20240620 20240620 20240620 20240618 20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240620	20250512 20250512 20250512 20250514 20250519 20250519 20250519 20250519 20250519 20250519 20250519 20250520 20250520 20250520 20250519 20250620 20250620 20250620 20250620 20250620 20250620 20250620 20250620 20250620 20250620 20250620 20250620 20250620 20250620 20250620	5.53% 5.53% 5.53% 5.53% 5.53% 5.55% 5.55% 5.45% 5.50% 5.55% 5.75% 5.65% 5.55% 5.55% 5.55% 5.53% 5.53% 5.53% 5.53% 5.53% 5.53% 5.53% 5.53% 5.53% 5.53% 5.53% 5.55% 5.53% 5.53% 5.53%	Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD)	$ 64,900 64,900 32,450 32,450 8,113 32,450 16,225 48,675 16,225 22,715 16,225 32,450 32,450 16,225 40,563 32,450 32,450 16,225 16,225 16,225 16,225 64,900 64,900 16,225 48,675 32,450 32,450 16,225 25,960 32,450	$ 59,343 59,343 29,555 29,530 7,604 31,290 14,895 45,005 15,289 21,089 14,215 28,786 29,701 15,033 39,161 29,987 31,891 15,132 15,132 15,317 14,891 59,879 60,153 14,916 44,725 30,133 29,421 15,040 24,243 30,504

~122~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date(Note)	MaturityDate	Interest rate	Type	Par value
HSBC FLOAT 03/04/27 KOLAHO 5.75 10/06/25 HYNMTR 6.25 11/03/25 HYNMTR 6.25 11/03/25 HYNMTR 6.25 11/03/25 AXP 6.338 10/30/26 KDB 5.375 10/23/26 EIBKOR5.375 09/18/25 KOLAHO 5.75 10/06/25 NDAQ 5.65 06/26/25 T 4.625 09/30/28 T 4.625 09/30/28 LGELEC5.625 04/24/29 SOCGEN6.447 01/12/27 F 5.85 05/17/27 KSA 5.25 06/04/30 DIBUH 5.243 03/04/29 F 5.85 05/17/27 STANLN5.688 05/14/28 SOCGEN6.446 01/10/29 HYNMTR 5.4 06/24/31 HYNMTR FLOAT06/24/27 HYNMTR FLOAT06/24/27 F 5.85 05/17/27 HYNMTR FLOAT06/24/27 KRKPSC6.375 06/11/29 SKONKR5.375 05/11/26 NWG 8.125 PERP SUNTOR5.124 06/11/29 KSA 5.25 06/04/34	20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240620 20240621 20240621 20240621 20240624 20240624 20240624 20240624 20240625 20240625 20240625 20240625 20240625 20240625 20240626 20240626 20240627 20240627 20240627	20250620 20250620 20250620 20250620 20250620 20250620 20250620 20250620 20250620 20250620 20250620 20250620 20250521 20250521 20250521 20250526 20250526 20250526 20250526 20250526 20250526 20250526 20250526 20250526 20250526 20250526 20250526 20250527 20250527 20250527	5.53% 5.53% 5.53% 5.53% 5.53% 5.53% 5.53% 5.53% 5.53% 5.53% 5.43% 5.44% 5.53% 5.53% 5.63% 5.54% 5.55% 5.60% 5.53% 5.53% 5.53% 5.53% 5.53% 5.53% 5.52% 5.53% 5.53% 5.65% 5.52% 5.55%	Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD)	$ 77,880 48,675 32,450 48,675 81,125 32,450 9,735 32,450 64,900 8,113 48,675 48,675 8,113 32,450 16,225 16,225 32,450 16,225 16,225 32,450 32,450 64,900 64,900 32,450 64,900 32,450 32,450 16,225 32,450 9,735	$ 72,313 45,686 30,223 45,335 75,558 30,756 9,055 30,460 60,844 7,676 48,686 48,784 7,737 30,563 14,713 15,102 31,059 13,888 14,883 30,770 29,530 59,118 59,118 27,803 61,104 29,884 29,677 12,424 30,153 9,364

~123~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS

JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount			Transaction value	Remark
	Start Date(Note)	MaturityDate	Interest rate	Type Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD)		Par value
BCLMHK 5 06/26/27 BCLMHK FLOAT06/26/27 HYNMTR FLOAT06/24/27 NIPLIF 5.95 04/16/54 T 4.25 06/30/29 T 4.375 05/15/34 T 4.625 04/30/29 T 4.5 05/31/29 T 4.875 10/31/28 SHINHAN5.75 04/15/34 MS 5.831 04/19/35 CM FLOAT 06/28/27 CM 5.237 06/28/27 BCHINA FLOAT06/26/26	20240627 20240627 20240628 20240628 20240701 20240701 20240701 20240701 20240701 20240701 20240701 20240701 20240701 20240701	20250527 20250527 20250528 20250528 20250702 20240702 20240702 20240702 20240702 20240602 20250602 20250602 20250602 20250602	5.53% 5.53% 5.53% 5.56% 5.52% 5.49% 5.52% 5.52% 5.52% 5.52% 5.55% 5.55% 5.55% 5.55%		$ $	32,450 64,900 32,450 25,960 16,225 47,053 32,450 25,960 162,250 16,225 32,450 64,900 16,225 64,900	$ 29,705 59,648 29,589 22,549 15,982 47,048 32,768 25,957 164,643 14,927 31,065 59,059 14,735 58,346 $ 14,747,689
						15,345,567

Note: It’s settlement date.

~124~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF BROKERAGE HANDLING FEE REVENUE

FOR THE SIX MONTHS ENDED JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Revenues from brokered trading

Month 1 2 3 4 5 6 Total	Brokerage business of securities at the TWSE markets $ 186,788 140,315 288,111 232,996 271,187 251,945 $ 1,371,342	Brokerage business of securities at the OTC markets $ 60,142 56,110 87,853 67,882 77,700 76,251 $ 425,938	Commission revenue from short sales $ 976 807 1,249 1,225 1,306 1,100 $ 6,663	Other commission revenue $ 22,465 21,805 22,460 16,501 24,843 26,371 $ 134,445	Total $ 270,371 219,037 399,673 318,604 375,036 355,667 $ 1,938,388	Remark

~125~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF REVENUES FROM UNDERWRITING BUSINESS

FOR THE SIX MONTHS ENDED JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Month 1 2 3 4 5 6 Total	Revenues from underwriting securities on a firm commitment basis $ 2,878 2,974 6,545 34 9,666 5,995 $ 28,092	Revenue from underwriting processingfees $ 8,432 394 3,489 85 597 3,345 $ 16,342	Revenue from underwriting advisoryfees $ 470 520 520 520 500 4,720 $ 7,250	Other revenue $ 4,321 328 1,094 4,508 259 2,115 $ 12,625	Total $ 16,101 4,216 11,648 5,147 11,022 16,175 $ 64,309	Remark

~126~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF NET GAIN (LOSS) ON SALE OF TRADING SECURITIES FOR THE SIX MONTHS ENDED JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Item Dealers: Trading at TAIEX -Stocks -Others Subtotal Trading at OTC -Stocks -Bonds -Others Subtotal Trading at foreign market Total Underwriters: Trading at TAIEX -Stocks Subtotal Trading at OTC -Stocks -Bonds Subtotal Total Hedging: Trading at TAIEX -Stocks -Others Subtotal Trading at OTC -Bonds -Warrants -Others Subtotal Trading at foreign market Total Total	Revenue from sale of trading securities Cost from sale of trading securities $ 57,662,025 ( $ 55,525,927 ) 25,909,148 ( 25,705,343 ) 83,571,173 ( 81,231,270 ) 14,373,185 ( 14,101,491 ) 32,403,235 ( 32,209,871 ) 43,067,670 ( 43,016,959 ) 89,844,090 ( 89,328,321 ) 86,677,226 ( 86,316,726 ) 260,092,489 ( 256,876,317 ) 62,913 ( 37,882 ) 62,913 ( 37,882 ) 22,700 ( 11,467 ) 141,243 ( 103,897 ) 163,943 ( 115,364 ) 226,856 ( 153,246 ) 71,319,090 ( 69,244,792 ) 99,418 ( 96,388 ) 71,418,508 ( 69,341,180 ) 6,138,190 ( 5,896,484 ) 18,139,931 ( 17,974,994 ) 4,546,706 ( 4,411,460 ) 28,824,827 ( 28,282,938 ) 284,620 ( 256,055 ) 100,527,955 ( 97,880,173 ) $ 360,847,300 ( $ 354,909,736 )	Gain (loss) on sale of trading securities $ 2,136,098 203,805 2,339,903 271,694 193,364 50,711 515,769 360,500 3,216,172 25,031 25,031 11,233 37,346 48,579 73,610 2,074,298 3,030 2,077,328 241,706 164,937 135,246 541,889 28,565 2,647,782 $ 5,937,564	Remark

~127~

PRESIDENT SECURITIES CORPORATION STATEMENT OF INTEREST REVENUE

FOR THE SIX MONTHS ENDED JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Item Interest income from margin loans Interest income from bonds Others interest income Total	Description	Amount $ 478,598 369,569 152,130 $ 1,000,297	Remark

~128~

PRESIDENT SECURITIES CORPORATION STATEMENT OF FINANCIAL COSTS FOR THE SIX MONTHS ENDED JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Item Interest expense from repurchase agreements Loans interest expense Other interest expense Total	Description	Amount $ 319,699 338,620 45,983 $ 704,302	Remark

~129~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF EMPLOYEE BENEFITS, DEPRECIATION, AMORTIZATION, AND OTHER OPERATING EXPENSES FOR THE SIX MONTHS ENDED JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Item Employee benefits expense Salaries Labor and health insurance Pension Directors’ remuneration Other employee benefits Depreciation expenses Amortization expenses Other operating expenses	Six months ended June 30,2024 $ 1,771,108 83,888 39,971 69,641 66,874 114,487 41,730 1,055,338	Six months ended June 30,2023 $ 1,147,729 72,798 34,180 57,050 53,330 102,709 30,883 811,965	Remark

Note:

In 2024 and 2023, the Company had 1,449 and 1,451 employees, respectively, in which directors not concurrently serving as employees were 12 and 19, respectively.

~130~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT

FINANCIAL STATEMENTS AND INDEPENDENT

AUDITOR’S REPORT

JUNE 30, 2024 AND 2023

~131~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT

BALANCE SHEETS

JUNE 30, 2024, DECEMBER 31, 2023 AND JUNE 30, 2023

(Expressed in thousands of New Taiwan dollars)

Assets	Notes	June 30,2024 AMOUNT % $ 1,158,668 22 4,136,411 78 1,502 - 5,296,581 100 5,042 - 7,027 - 13,797 - 25,866 - $ 5,322,447 100 $ 4,189 - 421 - 150,187 3 154,797 3 3,071,308 58 3,071,308 58 3,226,105 61 1,300,000 24 65,591 1 730,751 14 2,096,342 39 $ 5,322,447 100	December31,2023 AMOUNT % $ 1,147,969 22 4,121,730 78 1,943 - 5,271,642 100 3,750 - 9,081 - 13,360 - 26,191 - $ 5,297,833 100 $ 2,187 - 17 - 67,271 2 69,475 2 3,245,029 61 3,245,029 61 3,314,504 63 1,300,000 24 65,591 1 617,738 12 1,983,329 37 $ 5,297,833 100	June 30,2023	June 30,2023
		AMOUNT $ 1,158,668 4,136,411 1,502 5,296,581 5,042 7,027 13,797 25,866 $ 5,322,447 $ 4,189 421 150,187 154,797 3,071,308 3,071,308 3,226,105 1,300,000 65,591 730,751 2,096,342 $ 5,322,447	AMOUNT $ 1,147,969 4,121,730 1,943 5,271,642 3,750 9,081 13,360 26,191 $ 5,297,833 $ 2,187 17 67,271 69,475 3,245,029 3,245,029 3,314,504 1,300,000 65,591 617,738 1,983,329 $ 5,297,833	AMOUNT $ 1,224,149 5,315,536 757 6,540,442 4,564 9,283 13,360 27,207 $ 6,567,649 $ 1,634 67 32,496 34,197 4,242,597 4,242,597 4,276,794 1,300,000 65,591 925,264 2,290,855 $ 6,567,649	%
110000 Current assets 111100 Cash and cash equivalents 112000 Financial assets at fair value through profit or loss - current 114170 Other receivables 110000 Total current assets 120000 Non-current assets 125000 Property and equipment, net 127000 Intangible assets 129000 Other assets - non-current 120000 Total non-current assets 906001 Total Assets Liabilities and Equity	6(1) 6(2), 7 and 12 8 12 6(3) 6(4)				19 81 -
					100
					- - -
					-
					100
					- - -
210000 Current liabilities 212000 Financial liabilities at fair value through profit or loss - current 214130 Accounts payable 214170 Other payables 210000 Total current liabilities 220000 Non-current liabilities 229110 Inter-department accounts, credit 220000 Total non-current liabilities 906003 Total Liabilities Operating capital 301110 Operating capital 304000 Retained earnings 304020 Special reserve 304040 Unappropriated earnings 906004 Total Equity 906002 Total liabilities and equity
					-
					65
					65
					65
					20 1 14
					35
					100

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

~132~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENTS OF COMPREHENSIVE INCOME

SIX MONTHS ENDED JUNE 30, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars)

Items

Six months ended June 30 2024 2023 Notes AMOUNT % AMOUNT % 12 $ 255,148 100 $ 62,887 100 255,148 100 62,887 100 ( 4,992 ) ( 2) ( 3,449) ( 6 ) 7 ( 3,339 ) ( 1) 882 1 ( 109,085 ) ( 43) ( 41,583) ( 66 ) ( 3,066 ) ( 1) ( 3,166) ( 5 ) ( 47,476 ) ( 19) ( 27,836) ( 44 ) ( 167,958 ) ( 66) ( 75,152) ( 120 ) 87,190 34 ( 12,265) ( 20 ) 25,824 10 18,672 30 113,014 44 6,407 10 $ 113,014 44 $ 6,407 10 $ 113,014 44 $ 6,407 10

400000 Revenues 424400 Net gain from derivatives Total revenues 500000 Expenditures and expenses 502000 Proprietary handling fee expense 524300 Expense of clearing and settlement 531000 Employee benefits expense 532000 Depreciation and amortization 533000 Other operating expenses Total expenditures and expenses Operating gain (loss) 602000 Other gains and losses 902001Income (loss) before income tax 902005Net income 902006Total current comprehensive income (loss)

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

~133~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT

NOTES TO THE FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

1. HISTORY AND ORGANIZATION

The Segment started to operate future contract dealing business in June 2003.

2. THE DATE OF AUTHORISATION FOR ISSUANCE OF THE FINANCIAL STATEMENTS AND PROCEDURES FOR AUTHORISATION

These parent company only financial statements were authorized for issuance by the Board of Directors on August 28, 2024.

3. APPLICATION OF NEW STANDARDS, AMENDMENTS AND INTERPRETATIONS

(1) Effect of the adoption of new issuances of or amendments to International Financial Reporting Standards (“IFRS[®] ”)Accounting Standards that came into effect as endorsed by the Financial Supervisory Commission (“FSC”)

New standards, interpretations and amendments that came into effect as endorsed by FSC and became effective from 2024 are as follows:

Effective date by International Accounting New Standards, Interpretations and Amendments Standards Board Amendments to IFRS 16, ‘Lease liability in a sale and leaseback’ January 1, 2024 AmendmentstoIAS1,‘Classification of liabilities as current or nonJanuary 1, 2024 current’ Amendments to IAS 1, ‘Non-current liabilities with covenants’ January 1, 2024 Amendments to IAS 7 and IFRS 7, ‘Supplier finance arrangements’ January 1, 2024 The above standards and interpretations have no significant impact to the Segment’s financial condition and financial performance based on the Company’s assessment.

(2) Effect of new issuances of or amendments to IFRS Accounting Standards that came into effect as endorsed by the FSC but not yet adopted by the Segment

New standards, interpretations and amendments endorsed by the FSC and will become effective from 2025 are as follows:

New Standards,Interpretations and Amendments	Effective date by International Accounting Standards Board
Amendments to IAS 21, ‘Lack of exchangeability’	January 1, 2025

The above standards and interpretations have no significant impact to the Segment’s financial condition and financial performance based on the Company’s assessment.

~134~

(3) IFRS Accounting Standards issued by IASB but not yet endorsed by the FSC

New standards, interpretations and amendments issued by IASB but not yet included in the IFRS Accounting Standards endorsed by the FSC are as follows:

==> picture [485 x 49] intentionally omitted <==

----- Start of picture text -----

Effective date by
International Accounting
New Standards, Interpretations and Amendments Standards Board
----- End of picture text -----

New standards, interpretations and amendments issued by IASB but not Accounting Standards endorsed by the FSC are as follows: New Standards,Interpretations and Amendments	yet included in the IFRS Effective date by International Accounting Standards Board
Amendments to IFRS 9 and IFRS 7, ‘Amendments to the classification and measurement of financial instruments’	January 1, 2026
Amendments to IFRS 10 and IAS 28, ‘Sale or contribution of assets between an investor and its associate or joint venture’	To be determined by International Accounting Standards Board
IFRS 17, ‘Insurance contracts’	January 1, 2023
Amendments to IFRS 17,‘Insurance contracts’	January 1, 2023
Amendment to IFRS 17, ‘Initial application of IFRS 17 and IFRS 9 – comparative information	January 1, 2023
IFRS 18, ‘Presentation and disclosure in financial statements’	January 1, 2027
IFRS 19, ‘Subsidiaries without public accountability: disclosures’	January 1, 2027
Annual Improvements to IFRS Accounting Standards—Volume 11	January 1, 2026

Except for the following, the above standards and interpretations have no significant impact to the Segment’s financial condition and financial performance based on the Company’s assessment. IFRS18, ‘Presentation and disclosure in financial statements’

IFRS18, ‘Presentation and disclosure in financial statements’ replaces IAS 1. The standard introduces a defined structure of the statement of profit or loss, disclosure requirements related to management-defined performance measures, and enhanced principles on aggregation and disaggregation which apply to the primary financial statements and notes.

4. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The principal accounting policies applied in the preparation of the segment’ s financial statements are set out below. These policies have been consistently applied to all the periods presented, unless otherwise stated.

(1) Compliance statement

The financial statements of the Segment have been prepared in accordance with the Regulations Governing the Preparation of Financial Reports by Futures Commission Merchants.

(2) Basis of preparation

• A. Except for the following items, these financial statements have been prepared under the historical cost convention:

• (A) Financial assets and financial liabilities (including derivative instruments) at fair value through profit or loss.

• (B) Defined benefit liabilities recognized based on the net amount of pension fund assets less present value of defined benefit obligations.

~135~

• B. The preparation of financial statements in conformity with International Financial Reporting Standards, International Accounting Standards, IFRIC[®] Interpretations, and SIC[®] Interpretation that came into effect as endorsed by the FSC (collectively referred herein as the “IFRSs”) requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the Company’s accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed in Note 5.

(3) Income tax

• A. Except for the following explanation of interim standards, please refer to Note 4(8) of the segment’s financial statements for the year ended December 31, 2023.

• B. The interim period income tax expense is recognized based on the estimated average annual effective income tax rate expected for the full financial year applied to the pretax income of the interim period, and the related information is disclosed accordingly.

5. CRITICAL ACCOUNTING JUDGEMENTS, ESTIMATES AND KEY SOURCES OF

ASSUMPTION UNCERTAINTY

There were no significant changes as of June 30, 2024. Please refer to the explanation in Note 5 of the segment’s financial statements for the year ended December 31, 2023.

6. DETAILS OF SIGNIFICANT ACCOUNT

(1) Cash and cash equivalents

Cash and cash equivalents
Current deposits Time deposits	June30,2024		December31,2023	June 30, 2023
	65,513 $ 1,093,155 1,158,668 $		63,520 $ 1,084,449 1,147,969 $	46,669 $ 1,177,480 1,224,149 $

(2) Financial assets at fair value through profit or loss - current

Investment securities Valuation adjustment Subtotal Futures guarantee deposits receivable Options bought	June 30,2024	December 31,2023	June 30,2023
	27 $ 27) ( - 4,132,000 4,411 4,136,411 $	27 $ 27) ( - 4,121,639 91 4,121,730 $	27 $ 27) ( - 5,314,954 582 5,315,536 $

Futures guarantee deposits receivable is guarantee deposit for future contract of the Segment.

(3) Inter-department account

It pertains to money transfer among other segments.

(4) Operating capital

As of June 30, 2024, the operating capital of the Segment is $1,300,000.

~136~

7. Related Party Transactions

(1) Names of related parties and relationship

Names of related parties Relationship with the Company President Futures Corp. Subsidiary of the Company PSC

(2) Significant related party transactions

A. Futures guarantee deposits receivable

June 30, 2024 December 31, 2023 June 30, 2023 Subsidiary of the Company PSC: President Futures Corp. $ 3,997,009 $ 3,978,069 $ 5,168,638 Settlement fund June 30, 2024 December 31, 2023 June 30, 2023 Subsidiary of the Company PSC: President Futures Corp. $ 3,000 $ 3,000 $ 3,000

B. Settlement fund

• C. Clearing charges

Six months ended Six months ended June 30, 2024 June 30, 2023 Subsidiary of the Company PSC: President Futures Corp. $ 3,339 ($ 882)

8. Pledged Assets

Assets June 30, 2024 December 31, 2023 June 30, 2023 Purposes Pledged time deposits (stated as other non-current asset) - Operating guarantee deposits $ 10,000 $ 10,000 $ 10,000 Security deposits

9. SIGNIFICANT COMMITMENTS

None.

10. SIGNIFICANT LOSS FROM NATURAL DISASTER

None.

11. SIGNIFICANT SUBSEQUENT EVENT

None.

(Blank below)

~137~

12. DERIVATIVE INSTRUMENT TRANSACTION

(1) Derivative instrument

A. Nominal principal or contract size and credit risk:

	June30,2024
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
Futures contract FICAF FICBF FICCF FICDF FICFF FICHF FICUF FICZF FIDAF FIDBF FIDDF FIDHF FIDQF FIDSF FIEEF FIEYF FIFQF FIFWF FIFZF F1F FIGJF FIGLF FIGRF FIHAF FIHHF FIHLF FIHSF FIIHF FIIRF FIIYF FIJNF FIJZF FIKIF FIKUF FILTF FIMTX FIMTX FIMX1 FINIF FINLF FINVF FIOLF FIORF FIOZF	Short 26 2,620 $ Short 54 2,523 Short 22 2,465 Long 9 17,338 Short 44 5,326 Short 7 256 Long 99 2,451 Short 1 406 Long 15 2,293 Short 2 93 Long 11 208 Long 6 2,562 Short 2 61 Short 1 94 Long 89 2,471 Long 156 2,503 Short 11 2,367 Long 69 2,531 Long 4 214 Short 8 3,320 Long 12 12,858 Long 19 2,966 Long 1 229 Long 60 2,371 Long 6 188 Short 1 105 Short 1 76 Long 59 2,586 Short 14 5,142 Long 5 2,334 Long 32 2,483 Long 58 2,405 Long 22 2,569 Long 5 202 Short 15 2,574 Long 1,535 1,763,693 Short 1,195 1,365,816 Long 170 194,087 Long 9 978 Long 11 2,574 Short 5 2,489 Long 1 267 Long 23 2,510 Short 8 2,745	2,579 $ 2,506 2,460 17,442 5,078 251 2,515 389 2,256 96 217 2,586 58 94 2,501 2,571 2,354 2,525 206 3,292 13,176 3,010 239 2,466 178 105 77 2,602 5,068 2,460 2,592 2,494 2,561 195 2,532 1,763,288 1,373,458 195,628 985 2,827 2,525 274 2,553 2,696	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~138~

	June30,2024
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIPBF FIPUF FIPWF FIQAF FIQEF FIQFF FIQJF FIQLF FIQNF FIQWF FIQXF FIRAF FIRJF FIRUF FIRVF FIRWF FISDF SXF FITE FITE FITF FITX FITX FIUDF FIUNF FIXIF FIZEF FIZEF FIZFF FIZFF FITGF FICCF FICDF FICDF FICEF FICGF FICHF FICJF FICKF FICLF FICMF FICNF FICRF FICUF FICWF FICXF FICYF FICZF FIDAF	Short 48 2,564 $ Short 1 138 Short 9 2,396 Long 5 2,427 Short 3 229 Short 27 2,496 Long 37 2,475 Long 7 2,464 Long 3 191 Long 1 257 Short 14 2,536 Short 2 2,826 Long 2 216 Long 4 2,674 Short 74 2,848 Short 1 150 Long 1 380 Short 4 1,764 Long 21 103,878 Short 6 29,783 Long 4 7,876 Long 278 1,278,645 Short 365 1,675,208 Short 9 7,179 Short 87 86,739 Long 8 12,930 Long 3 1,862 Short 3 1,861 Long 2 998 Short 2 987 Short 5 4,605 Short 450 50,999 Long 6 11,505 Short 1,959 3,722,288 Short 20 3,064 Short 29 2,225 Short 234 8,691 Short 111 5,753 Short 286 33,431 Short 17 1,358 Short 26 978 Short 254 19,128 Short 24 1,713 Short 190 4,742 Short 21 1,617 Short 45 5,293 Short 155 21,268 Short 643 259,944 Short 1,511 230,100	2,592 $ 141 2,390 2,420 219 2,616 2,464 2,548 186 233 2,503 3,084 224 2,452 2,886 161 377 1,764 104,294 29,825 7,890 1,277,258 1,677,887 7,117 87,522 12,922 1,864 1,862 997 986 4,602 50,313 11,676 3,796,542 3,181 2,016 8,378 5,883 33,848 1,380 985 19,355 1,702 4,826 1,621 5,139 21,700 250,127 227,259	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge

~139~

	June30,2024
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIDBF FIDCF FIDDF FIDEF FIDFF FIDGF FIDHF FIDJF FIDKF FIDLF FIDNF FIDOF FIDPF FIDQF FIDSF FIDVF FIDWF FIDXF FIDYF FIEGF FIEHF FIEKF FIEPF FIEZF FIFCF FIFEF FIFFF FIFGF FIFKF FIFNF FIFQF FIFRF FIFSF FIFTF FIFVF FIFZF FIGAF FIGCF FIGHF FIGIF FIGKF FIGLF FIGMF FIGNF FIGOF FIGRF FIGUF FIGVF FIGWF	Short 123 5,914 $ Short 20 732 Short 3 60 Short 24 1,186 Short 27 1,850 Short 46 4,861 Short 5,534 1,983,433 Short 78 78,608 Short 265 166,525 Short 9 2,297 Short 22 1,271 Short 15 962 Short 1 56 Short 750 22,098 Short 86 8,996 Short 228 619,570 Short 15 2,099 Short 332 74,665 Short 1 85 Short 144 2,935 Short 41 9,711 Short 46 1,637 Short 1 2,130 Short 1 131 Short 43 1,885 Short 2 147 Short 4 1,796 Short 2 4,850 Short 6 611 Short 24 3,319 Short 201 45,759 Short 478 347,570 Short 193 7,075 Short 44 6,889 Short 49 3,413 Short 15 800 Short 8 1,222 Short 5 713 Long 48 29,501 Short 3 1,066 Short 3 1,074 Short 131 20,605 Short 4 620 Short 8 589 Short 3 2,168 Short 22 5,006 Short 15 4,910 Short 24 2,481 Short 6 2,055	5,879 $ 740 59 1,207 1,858 4,619 2,385,317 78,168 166,167 2,286 1,267 966 57 21,691 8,101 640,650 2,055 70,746 88 2,981 8,982 1,587 1,982 129 1,853 145 1,708 5,000 595 3,226 43,026 373,560 6,948 7,181 3,254 773 1,166 715 29,232 1,077 1,035 20,750 616 581 2,199 5,264 4,965 2,354 1,860	Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge

~140~

	June30,2024
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIGXF FIGZF FIHAF FIHBF FIHCF FIHHF FIHIF FIHLF FIHOF FIHOF FIHQF FIHSF FIIAF FIIHF FIIIF FIIJF FIIMF FIIOF FIIPF FIIQF FIIRF FIITF FIIXF FIIYF FIJBF FIJFF FIJMF FIJNF FIJSF FIJWF FIKAF FIKBF FIKCF FIKDF FIKEF FIKFF FIKGF FIKIF FIKLF FIKOF FIKPF FIKSF FIKUF FILBF FILCF FILEF FILMF FILOF FILQF	Short 52 23,756 $ Short 1 42 Short 179 7,201 Short 54 12,957 Short 21 1,926 Short 1,068 34,193 Short 75 8,659 Short 367 38,543 Short 4 1,188 Short 13 4,441 Short 52 3,184 Short 761 57,508 Short 25 885 Short 18 801 Short 232 46,540 Short 38 200,933 Short 2 274 Short 2 2,500 Short 3 2,008 Short 21 5,071 Short 156 58,575 Short 2 444 Short 1 189 Short 137 65,616 Short 21 68,917 Short 1 3,110 Short 12 24,981 Short 27 2,133 Short 66 13,993 Short 68 16,369 Short 1 381 Short 88 20,132 Short 4 1,587 Short 28 8,612 Short 12 2,957 Short 5 392 Short 40 13,104 Short 18 2,128 Short 133 9,668 Short 63 20,742 Short 52 4,751 Short 6 4,953 Short 344 13,658 Short 8 3,476 Short 9 1,937 Short 84 105,084 Short 34 15,651 Short 6 316 Short 38 4,297	24,028 $ 42 7,357 12,906 1,945 31,614 8,195 38,486 1,096 3,918 3,208 58,372 910 794 47,096 208,240 279 2,432 2,025 5,229 56,472 462 186 67,405 67,410 3,250 28,680 2,187 13,875 15,097 378 20,592 1,508 8,484 2,892 391 12,920 2,095 9,337 21,674 4,566 5,120 13,382 3,528 1,935 111,888 14,752 314 4,271	Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge

~141~

	June30,2024
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FILRF FILTF FILUF FILVF FILWF FILXF FILYF FIMAF FIMBF FIMJF FIMKF FIMTX FIMVF FINAF FINDF FINGF FINIF FINJF FINLF FINMF FINOF FINQF FINVF FINWF FINYF FIOJF FIOKF FIOLF FIOOF FIOPF FIOQF FIOSF FIOTF FIOUF FIOVF FIOWF FIOZF FIPAF FIPFF FIPGF FIPHF FIPIF FIPJF FIPKF FIPNF FIPQF FIPRF FIPSF FIPUF	Short 336 10,378 $ Short 1 171 Short 97 23,342 Short 100 31,382 Short 7 7,478 Short 13 18,494 Long 79 30,346 Short 2 622 Short 22 2,136 Short 5 2,958 Short 22 5,719 Short 4 4,485 Short 8 1,066 Short 29 9,186 Short 32 7,178 Short 1 288 Short 7 763 Short 30 3,144 Long 25 5,878 Short 56 11,370 Short 4 1,717 Short 1 842 Short 44 21,433 Short 24 29,672 Short 5 9,258 Short 24 4,959 Short 2 216 Short 142 37,531 Short 43 5,009 Short 68 73,739 Short 2 1,361 Short 18 501 Short 34 10,979 Short 2 441 Short 27 8,976 Short 2 2,116 Short 99 33,251 Short 2 677 Short 9 3,736 Short 7 422 Short 3 13,598 Short 3 14,563 Short 55 50,014 Short 8 903 Short 19 4,343 Long 2 284 Short 19 5,149 Short 26 2,424 Short 316 45,821	10,191 $ 169 25,317 31,012 7,512 19,012 29,388 620 2,178 3,180 6,094 4,596 1,037 10,101 7,004 293 766 2,910 6,425 10,259 1,748 859 22,220 29,760 9,328 4,896 203 38,911 4,846 75,616 1,348 502 11,423 424 8,856 2,160 33,371 686 3,732 428 13,530 15,540 52,634 890 4,285 282 5,320 2,330 44,382	Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge

~142~

	June30,2024
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIPWF FIPXF FIPYF FIPZF FIQAF FIQBF FIQCF FIQEF FIQFF FIQGF FIQHF FIQJF FIQKF FIQLF FIQNF FIQOF FIQPF FIQRF FIQSF FIQVF FIQWF FIQXF FIQYF FIQZF FIRAF FIRBF FIRCF FIRDF FIREF FIRFF FIRFF FIRGF FIRIF FIRJF FIRKF FIRNF FIRSF FIRUF FIRVF FIRWF FIRXF FIRYF FIRZF FISAF FISBF FISDF FISEF FISFF FISJF	Short 33 8,861 $ Short 11 26,032 Short 138 16,880 Short 2 18,482 Short 50 23,491 Short 3 273 Short 88 9,927 Short 14 1,031 Short 445 42,966 Short 11 619 Short 5 304 Short 119 7,549 Short 9 566 Short 116 41,589 Short 116 7,156 Short 4 247 Short 3 176 Short 6 299 Long 5 95 Short 5 788 Long 28 6,586 Short 12 2,168 Short 7 734 Short 24 1,326 Short 77 108,725 Short 32 7,589 Long 16 1,705 Short 7 573 Short 2 516 Long 2 331 Short 29 4,870 Short 40 4,357 Short 133 31,365 Short 9 976 Short 43 16,952 Short 4 1,214 Short 5 1,351 Short 147 105,814 Short 70 2,572 Short 271 43,474 Short 1 123 Short 1 227 Short 470 138,247 Short 5 2,969 Short 2 88 Short 51 19,012 Short 9 494 Short 33 1,481 Short 9 2,156	8,751 $ 29,810 18,706 19,360 24,202 262 9,938 1,025 43,151 604 304 7,924 560 42,180 7,192 248 173 301 93 763 6,524 2,146 771 1,289 118,744 7,616 1,712 582 512 326 4,713 4,780 31,488 1,008 17,931 1,320 1,295 90,111 2,730 43,496 119 230 141,239 3,120 87 19,227 500 1,579 2,054	Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge

~143~

	June30,2024
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FISKF FISLF FISMF FISNF FISQF FITF FITX FICAF FICBF FICCF FICDF FICDF FICEF FICFF FICGF FICHF FICJF FICKF FICLF FICMF FICNF FICQF FICQF FICSF FICUF FICWF FICXF FICYF FICZF FIDAF FIDCF FIDDF FIDFF FIDGF FIDHF FIDIF FIDJF FIDKF FIDLF FIDNF FIDPF FIDQF FIDSF FIDVF FIDWF FIDXF FIDYF FIDZF FIEEF	Long 29 4,694 $ Long 5 157 Short 1,180 313,984 Short 440 91,937 Short 3 1,072 Long 5 10,017 Short 235 1,078,930 Short 140 14,171 Long 41 2,055 Long 179 19,225 Long 49 94,364 Short 20 38,546 Long 9 1,378 Short 136 16,672 Long 41 2,958 Short 142 5,148 Long 39 2,033 Short 2 234 Long 28 2,247 Long 54 2,028 Long 31 2,366 Long 3 490 Short 11 1,824 Long 115 8,677 Long 245 6,129 Long 23 1,747 Short 38 4,471 Short 86 11,670 Long 1 390 Short 92 13,952 Long 55 1,993 Short 2,827 53,659 Short 37 2,523 Short 94 9,791 Short 143 59,960 Short 61 3,207 Short 1 1,038 Short 29 18,366 Short 2 508 Long 35 2,037 Short 3 169 Short 312 8,441 Short 21 2,007 Short 26 72,931 Short 5 673 Long 20 4,315 Short 3 253 Short 6 685 Long 45 1,259	4,785 $ 152 306,615 92,226 1,077 9,970 1,080,060 13,888 1,902 20,012 94,962 38,920 1,431 15,694 2,850 5,084 2,067 236 2,274 2,047 2,362 490 1,795 8,200 6,223 1,771 4,340 12,040 389 13,837 2,035 55,862 2,546 9,438 61,633 3,190 1,002 18,183 508 2,016 169 9,017 1,978 73,060 685 4,260 264 690 1,265	Hedge Hedge Hedge Hedge Hedge Hedge Hedge Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~144~

	June30,2024
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIEGF FIEHF FIEKF FIEMF FIEPF FIEYF FIEZF FIFCF FIFEF FIFFF FIFGF FIFNF FIFQF FIFRF FIFRF FIFSF FIFTF FIFVF FIFWF FIFYF FIFZF FIFZF FIGAF FIGCF FIGHF FIGIF FIGLF FIGMF FIGNF FIGOF FIGRF FIGUF FIGVF FIGWF FIGXF FIGYF FIGZF FIG2F FIHAF FIHBF FIHCF FIHHF FIHIF FIHLF FIHOF FIHQF FIHSF FIIAF FIIHF	Short 5 101 $ Short 4 931 Long 76 2,685 Short 8 930 Short 1 2,102 Long 149 2,384 Short 3 388 Short 7 308 Long 107 7,875 Short 13 5,436 Long 1 2,405 Long 57 7,947 Short 9 1,889 Long 4 3,116 Short 9 6,853 Short 2 71 Long 149 24,185 Short 3 198 Long 203 7,446 Long 19 1,514 Long 95 5,074 Short 173 9,132 Short 16 2,649 Short 10 1,388 Long 1 608 Short 3 1,067 Long 15 2,333 Long 23 3,527 Short 1 72 Short 12 8,615 Short 3 693 Long 1 318 Short 3 308 Short 12 3,913 Short 1 446 Short 3 353 Short 3 126 Short 25 12,967 Long 262 10,401 Short 12 2,710 Short 3 275 Short 6 200 Long 52 6,129 Short 6 607 Long 18 6,698 Long 52 3,365 Long 17 1,309 Long 53 1,829 Long 25 1,101	104 $ 876 2,622 862 1,982 2,456 388 302 7,725 5,551 2,500 7,666 1,926 3,120 7,056 72 24,317 199 7,430 1,590 4,912 8,910 2,339 1,430 609 1,077 2,376 3,537 73 8,796 717 331 294 3,720 462 339 127 13,454 10,768 2,868 278 178 5,678 629 5,425 3,208 1,304 1,929 1,103	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~145~

	June30,2024
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIIIF FIIJF FIIOF FIIPF FIIQF FIIRF FIITF FIIXF FIIYF FIIZF FIJBF FIJMF FIJNF FIJSF FIJWF FIJZF FIKAF FIKBF FIKCF FIKEF FIKFF FIKGF FIKIF FIKKF FIKLF FIKOF FIKUF FIKWF FILBF FILCF FILEF FILIF FILMF FILQF FILRF FILTF FILUF FILVF FILWF FILXF FILYF FIMAF FIMKF FIMTX FIMTX FIMYF FINAF FINBF FINDF	Short 18 3,635 $ Short 1 5,490 Long 1 1,232 Short 8 5,332 Long 34 8,409 Short 5 1,855 Short 2 466 Short 4 746 Short 1 535 Short 4 278 Short 7 21,649 Short 4 8,708 Long 15 1,122 Long 23 5,255 Long 9 2,152 Long 176 7,322 Short 1 432 Short 6 1,460 Short 4 1,545 Short 3 732 Long 11 847 Short 13 4,138 Long 72 8,505 Long 18 2,486 Short 28 2,074 Short 60 19,744 Short 25 932 Short 2 158 Short 2 874 Short 5 1,072 Short 1 1,336 Short 2 352 Short 19 8,774 Long 175 19,595 Short 12 369 Short 1 171 Short 6 1,488 Short 5 1,572 Short 4 4,114 Long 1 1,478 Short 23 9,042 Short 2 653 Long 19 4,845 Long 866 947,930 Short 1,422 1,588,442 Long 10 3,765 Short 1 322 Short 1 424 Short 4 903	3,654 $ 5,480 1,216 5,400 8,466 1,810 462 744 492 279 22,470 9,560 1,215 4,853 1,998 7,568 378 1,404 1,508 723 858 4,199 8,381 2,491 1,966 20,640 973 161 882 1,075 1,332 363 8,246 19,644 364 169 1,566 1,550 4,292 1,462 8,549 616 5,263 995,327 1,633,634 3,780 348 413 876	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~146~

	June30,2024
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FINEF FINGF FINIF FINJF FINLF FINMF FINOF FINQF FINSF FINUF FINVF FINWF FINYF FIODF FIOEF FIOLF FIOPF FIOQF FIOYF FIORF FIOSF FIOTF FIOUF FIOYF FIOZF FIPAF FIPBF FIPCF FIPE FIPGF FIPHF FIPIF FIPJF FIPKF FIIPLF FIPMF FIPNF FIPPF FIPRF FIPSF FIPTF FIPUF FIPVF FIPWF FIPXF FIPYF FIQAF FIQBF FIQCF	Short 13 1,960 $ Long 38 10,143 Short 18 1,755 Short 13 1,337 Long 11 2,585 Short 2 380 Short 10 4,210 Long 3 2,504 Short 2 274 Short 2 133 Short 14 6,937 Short 67 84,983 Short 16 29,641 Long 7 1,738 Short 3 60 Long 22 6,025 Short 8 8,889 Short 135 90,597 Long 10 1,091 Long 84 2,344 Long 3 871 Long 12 2,634 Short 20 6,913 Short 10 476 Short 4 1,376 Short 2 677 Short 48 2,566 Long 1 193 Short 11 1,723 Short 43 2,570 Long 2 9,360 Short 6 27,272 Long 12 11,420 Short 1 99 Long 8 617 Long 6 1,900 Long 12 2,712 Short 20 2,402 Long 8 2,259 Short 17 1,562 Long 4 6,256 Long 8 1,164 Short 4 21,375 Short 24 6,546 Short 5 11,323 Long 9 1,098 Long 19 9,304 Short 7 626 Short 19 2,128	1,794 $ 11,134 1,969 1,261 2,827 366 4,370 2,577 268 142 7,070 83,080 29,848 1,666 59 6,028 8,896 90,990 1,110 2,344 1,008 2,544 6,560 462 1,348 686 2,592 196 1,674 2,632 9,020 31,080 11,484 111 603 1,878 2,706 2,264 2,240 1,523 6,472 1,124 21,240 6,372 13,550 1,220 9,196 611 2,143	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~147~

	June30,2024
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIQDF FIQFF FIQGF FIQIF FIQJF FIQLF FIQOF FIQPF FIQSF FIQUF FIQWF FIQXF FIQYF FIQZF FIRAF FIRBF FIRCF FIRDF FIREF FIRJF FIRLF FIRMF FIRNF FIROF FIRUF FIRVF FIRZF FISAF FISBF FISCF FISDF FISEF FISFF FISJF SXF FITE FITF FITX FITX CL FTSE HO MGC MNQ MYM RBOB TU TWN US30Y	Short 9 3,098 $ Short 115 10,251 Short 45 2,590 Short 10 141 Long 35 2,267 Long 4 1,408 Short 4 246 Short 1 58 Short 127 2,547 Short 1 91 Short 3 668 Short 90 16,160 Long 29 3,060 Short 194 10,374 Short 36 52,790 Short 2 462 Short 2 211 Short 1 82 Short 1 250 Long 8 881 Short 5 270 Short 1 870 Short 35 10,470 Short 2 394 Short 5 3,048 Short 40 1,429 Short 275 81,459 Long 19 11,666 Short 4 175 Long 1 41 Long 3 1,126 Short 21 1,171 Long 2 95 Short 1 238 Short 32 12,148 Short 8 39,065 Long 22 43,777 Long 470 1,978,949 Short 483 2,174,011 Long 6 15,861 Long 2 6,767 Short 3 10,484 Long 6 4,503 Long 48 62,378 Long 10 6,471 Short 3 10,260 Short 5 33,115 Short 5 12,436 Long 5 19,350	3,132 $ 11,144 2,471 174 2,331 1,456 248 57 2,362 86 699 16,092 3,196 10,418 55,512 476 214 83 256 892 294 860 11,550 384 3,065 1,560 82,638 11,856 174 43 1,131 1,168 96 228 14,108 39,731 43,868 2,160,861 2,219,323 15,876 6,740 10,357 4,555 62,077 6,404 10,228 33,108 12,518 19,162	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~148~

	June30,2024
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
VIX Options contract TXO call TXO call TXO put TXO put TX1 call TX1 put TXO call TXO put TXO put TX2 put	Short 7 3,248 $ Long 65 926 Short 629 3,827) ( Long 227 2,732 Short 205 628) ( Short 70 428) ( Short 1 2) ( Long 50 523 Long 393 1,735 Short 230 489) ( Long 50 430	3,185 $ 924 3,053) ( 1,446 434) ( 408) ( 2) ( 460 1,131 293) ( 450	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

(Blank below)

~149~

	December31,2023
Item Trading category	Long/ Short Number of contracts Contract size or paid for (received from) premium(note) Openpositions	Fairvalue	Note
Futures contract FICCF FICDF FICGF FICHF FICKF FICMF FICSF FICWF FICXF FICYF FICZF FIDAF FIDBF FIDKF FIDPF FIDQF FIDSF FIDXF FIEGF FIFCF FIFNF FIFQF FIFTF FIFVF FIFZF FIGCF FIGHF FIGIF FIGUF FIHHF FIHLF FIHQF FIHSF FIIIF FIIQF FIJZF FIKFF FIKSF FIKWF FILCF FILOF FILQF FIMTX FIMTX	Long 6 613 $ Long 13 15,218 Long 3 240 Long 7 255 Long 20 1,818 Long 50 1,788 Long 12 937 Long 3 288 Short 30 2,489 Short 12 1,760 Long 1 287 Short 18 1,693 Long 6 268 Long 1 449 Long 30 1,629 Long 41 1,151 Long 2 216 Long 1 197 Short 127 2,482 Short 45 2,450 Long 17 2,614 Long 1 235 Long 2 282 Long 4 254 Long 4 244 Short 24 2,497 Long 1 533 Long 4 1,626 Long 8 2,546 Long 11 296 Short 31 2,505 Short 49 2,759 Long 4 252 Long 1 197 Short 10 2,252 Short 55 2,592 Long 30 2,445 Long 15 10,378 Short 35 2,484 Short 13 2,558 Long 30 1,600 Long 3 316 Long 27 24,124 Short 5 4,440	631 $ 15,418 240 254 1,826 1,800 926 288 2,523 1,884 288 1,854 259 450 1,638 1,173 216 198 2,487 2,340 2,547 235 283 252 243 2,554 532 1,636 2,576 296 2,486 2,499 252 196 2,280 2,459 2,460 10,635 2,485 2,566 1,602 316 24,125 4,465	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~150~

	December31,2023
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIMX1 FIMX2 FINDF FINLF FIODF FIOEF FIOHF FIOLF FIPEF FIPQF FIPSF FIPTF FIPUF FIPWF FIQDF FIQFF FIQRF FIQVF FIQWF FIQXF FIQYF FIRCF FIRDF RHF FIRLF FIRNF FIROF FIRQF FIRRF RTF FIRWF SXF SXF FITEF FITF FITX FITX FIXIF FIZEF FICCF FICDF FICEF FICGF FICHF FICSF FICXF FICYF FICZF FIDAF	Long 44 39,344 $ Long 8 7,148 Long 1 208 Long 10 1,612 Long 18 4,899 Short 106 2,363 Long 8 2,492 Short 2 552 Long 3 581 Long 20 2,449 Long 3 268 Long 4 2,711 Long 6 609 Long 1 183 Long 8 2,727 Short 5 289 Long 5 246 Long 35 4,964 Long 1 312 Short 22 2,316 Long 35 4,879 Long 24 2,541 Long 25 2,520 Long 4 12,085 Short 42 2,489 Long 6 2,309 Long 11 2,489 Short 49 2,486 Long 44 2,488 Short 5 3,076 Short 14 2,364 Long 1 341 Short 1 345 Long 49 174,468 Long 23 39,298 Long 34 121,506 Short 2 7,095 Long 41 62,159 Long 40 17,800 Short 49 5,142 Short 100 116,808 Short 13 1,663 Short 23 1,777 Short 11 399 Long 56 4,385 Short 105 8,800 Short 32 4,742 Short 61 17,636 Long 6 633	39,367 $ 7,152 207 1,618 4,842 2,512 2,536 576 551 2,420 267 2,836 609 183 2,696 297 245 4,991 312 2,420 4,900 2,578 2,520 12,080 2,453 2,334 2,464 2,504 2,429 3,063 2,429 340 344 174,797 39,544 121,516 7,144 62,201 17,837 5,155 118,600 1,680 1,839 399 4,323 8,831 5,024 17,553 616	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge

~151~

	December31,2023
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIDAF FIDBF FIDDF FIDHF FIDIF FIDJF FIDQF FIDSF FIDVF FIDXF FIEHF FIEMF FIFGF FIFNF FIFQF FIFRF FIFTF FIFVF FIFYF FIFZF FIFZF FIGHF FIGIF FIGUF FIGWF FIGXF FIHBF FIHCF FIHSF FIHSF FIIIF FIIMF FIIOF FIIPF FIIQF FIIRF FIJBF FIJPF FIJSF FIKDF FIKFF FIKGF FILBF FILEF FILQF FILXF FILYF FIMBF FINAF	Short 257 27,286 $ Long 33 1,447 Short 27 469 Short 852 174,037 Short 1 63 Short 15 13,880 Short 311 8,744 Short 26 2,730 Short 68 132,356 Short 90 17,362 Short 14 2,223 Short 13 1,192 Long 5 8,980 Short 20 2,964 Short 14 3,207 Short 9 5,537 Short 90 12,991 Short 25 1,507 Long 3 282 Long 2 119 Short 10 621 Short 10 5,200 Short 12 4,584 Short 3 953 Short 3 948 Short 2 741 Short 105 27,315 Long 5 528 Long 6 376 Short 263 16,539 Long 16 3,309 Short 3 420 Long 1 1,022 Long 15 10,876 Short 2 457 Short 10 3,507 Short 5 16,850 Short 2 332 Short 24 4,145 Long 4 1,257 Short 6 485 Long 3 939 Short 3 1,188 Long 10 8,322 Short 1 105 Long 1 1,198 Long 3 1,477 Short 4 404 Short 19 5,994	26,471 $ 1,426 477 178,068 63 14,700 8,899 2,803 138,120 17,782 2,150 1,216 9,128 2,996 3,289 5,643 12,726 1,577 282 121 608 5,320 4,908 964 972 776 25,933 513 378 16,543 3,127 422 1,030 10,695 456 3,519 17,350 326 4,177 1,256 492 942 1,173 8,401 105 1,194 1,506 403 6,023	Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge

~152~

	December31,2023
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FINDF FINEF FINIF FINJF FINLF FINMF FINOF FINVF FINWF FIOLF FIOPF FIOQF FIOVF FIOWF FIOZF FIPAF FIPBF FIPEF FIPJF FIPLF FIPNF FIPQF FIPRF FIPSF FIPTF FIPUF FIPWF FIPWF FIQAF FIQCF FIQDF FIQEF FIQEF FIQFF FIQFF FIQGF FIQHF FIQIF FIQJF FIQLF FIQNF FIQQF FIQWF FIQXF FIRAF FIRCF FIRDF FIRFF FIRGF	Short 1 214 $ Short 9 1,375 Long 1 93 Short 19 1,934 Long 5 801 Short 1 137 Short 41 16,318 Short 48 19,089 Short 3 3,043 Short 299 82,390 Short 2 1,998 Short 1 540 Short 10 2,489 Short 1 1,206 Short 7 1,876 Short 6 1,815 Short 51 3,067 Short 21 3,901 Long 1 762 Short 26 2,310 Short 7 1,249 Long 17 2,050 Long 5 1,314 Short 11 951 Long 2 1,414 Short 243 23,930 Long 9 1,655 Short 120 21,980 Short 2 614 Short 3 323 Short 7 2,502 Long 3 179 Short 10 596 Long 3 178 Short 44 2,599 Short 15 710 Long 3 153 Short 22 351 Long 78 3,214 Short 7 1,762 Short 65 3,360 Long 1 165 Long 75 23,297 Long 4 446 Short 1 598 Short 27 2,840 Short 3 297 Short 3 321 Long 11 824	207 $ 1,337 89 1,866 809 143 16,034 18,966 3,144 86,112 2,080 536 2,540 1,174 1,883 1,851 2,994 3,856 762 2,254 1,274 2,057 1,310 979 1,418 24,677 1,643 21,900 622 313 2,359 179 597 178 2,609 704 155 349 3,277 1,778 3,406 168 23,400 440 671 2,900 302 323 848	Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge

~153~

	December31,2023
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIRJF FIRKF FIRNF FIROF FIRRF FIRSF FIRUF FIRVF FIRWF FISAF FITX FICAF FICBF FICCF FICDF FICDF FICEF FICFF FICGF FICGF FICHF FICKF FICLF FICLF FICMF FICNF FICQF FICSF FICUF FICWF FICXF FICYF FICZF FIDAF FIDBF FIDCF FIDDF FIDFF FIDGF FIDHF FIDIF FIDJF FIDKF FIDLF FIDNF FIDOF FIDPF FIDQF FIDSF	Long 1 70 $ Short 41 17,510 Short 35 13,530 Short 1 225 Short 10 555 Short 12 2,994 Long 3 1,034 Short 56 1,719 Long 119 20,718 Short 1 548 Short 86 306,979 Long 18 2,440 Long 378 19,474 Long 356 36,084 Long 445 525,232 Short 28 32,993 Long 15 1,945 Long 11 1,744 Long 29 2,210 Short 10 741 Long 486 16,241 Long 13 1,168 Short 13 1,011 Long 29 2,289 Short 1 35 Long 60 3,404 Long 25 3,701 Long 418 32,054 Long 79 1,735 Short 16 1,419 Short 1,120 95,918 Short 142 20,947 Long 389 115,460 Long 223 23,608 Short 648 28,165 Long 75 2,708 Short 162 2,833 Long 33 2,258 Short 58 7,395 Short 419 85,224 Short 35 2,160 Short 31 29,926 Long 39 16,881 Short 4 958 Short 8 409 Long 9 478 Short 1 54 Short 7 179 Long 81 8,739	69 $ 17,917 13,615 224 552 2,940 1,044 1,756 20,647 543 307,364 2,394 20,293 37,451 527,770 33,208 1,938 1,740 2,320 798 17,642 1,187 1,014 2,268 36 3,384 3,700 32,263 1,809 1,538 94,192 22,294 111,932 22,969 27,994 2,685 2,864 2,297 7,238 87,571 2,198 30,380 17,550 956 413 495 55 200 8,732	Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~154~

	December31,2023
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIDVF FIDVF FIDWF FIDXF FIEEF FIEGF FIEHF FIEKF FIEMF FIEPF FIEYF FIEZF FIFBF FIFCF FIFEF FIFFF FIFKF FIFNF FIFQF FIFQF FIFRF FIFSF FIFTF FIFVF FIFWF FIFYF FIFZF FIGAF FIGCF FIGHF FIGIF FIGJF FIGLF FIGMF FIGNF FIGOF FIGRF GTF FIGUF FIGWF FIGXF FIGYF FIGZF G2F FIHAF FIHBF FIHCF FIHHF FIHIF	Long 11 22,540 $ Short 16 32,341 Long 3 384 Short 85 16,532 Long 62 1,887 Short 141 2,752 Long 3 467 Short 37 1,174 Short 8 734 Short 1 1,982 Long 8 134 Short 3 403 Long 22 3,162 Short 53 2,914 Long 211 16,529 Short 13 5,888 Long 14 1,283 Long 561 84,378 Long 12 2,757 Short 5 1,154 Short 12 7,406 Short 16 520 Short 5 724 Short 7 443 Short 22 873 Long 113 10,737 Long 102 6,014 Long 46 6,309 Short 7 732 Short 14 7,389 Short 1 412 Long 21 19,659 Long 57 5,616 Long 1 94 Short 1 68 Short 5 2,734 Long 1 189 Short 10 9,332 Short 3 964 Short 4 1,305 Short 16 5,996 Long 10 1,412 Short 10 447 Short 8 3,698 Long 6 156 Long 5 1,338 Short 9 926 Short 832 22,487 Long 1 76	22,330 $ 32,640 385 16,796 1,885 2,761 461 1,169 748 2,020 131 406 3,124 2,756 16,628 6,084 1,257 84,038 2,820 1,170 7,524 523 707 442 876 10,617 6,198 6,440 745 7,448 409 19,719 5,512 100 69 2,660 170 9,362 966 1,296 6,208 1,344 437 3,701 155 1,235 923 22,380 78	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~155~

	December31,2023
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIHLF FIHOF FIHQF FIHSF FIIHF FIIIF FIIJF FIIMF FIIOF FIIPF FIIQF FIIQF FIIRF FIITF FIIXF FIIXF FIIYF FIIYF FIIZF FIJBF FIJFF FIJMF FIJNF FIJPF FIJSF FIJWF FIJZF FIKAF FIKBF FIKCF FIKDF FIKEF FIKFF FIKGF FIKIF FIKKF FIKLF FIKOF FIKPF FIKSF FIKUF FIKUF FIKWF FILBF FILCF FILEF FILIF FILMF FILOF	Long 5 402 $ Long 11 2,114 Long 34 1,852 Short 61 3,833 Short 10 447 Long 62 12,599 Short 2 10,768 Long 8 1,160 Long 34 34,568 Long 48 35,586 Short 2 448 Short 10 2,195 Short 14 5,016 Short 4 788 Long 10 1,995 Short 9 1,800 Long 1 248 Short 15 3,762 Short 17 1,285 Long 18 63,073 Short 1 2,140 Short 8 12,018 Long 92 6,479 Long 36 5,725 Long 7 1,197 Long 5 780 Short 7 316 Long 3 809 Long 15 2,519 Long 19 5,557 Short 1 304 Short 16 3,046 Long 22 1,789 Short 10 3,118 Long 1 86 Long 54 6,071 Short 12 761 Short 83 20,684 Short 9 667 Short 51 36,134 Long 8 305 Short 1 38 Short 1 71 Short 9 3,601 Long 7 1,378 Long 26 21,766 Short 1 176 Short 12 4,444 Short 1 53	401 $ 2,114 1,734 3,837 435 12,120 11,520 1,125 35,020 34,224 450 2,280 4,928 790 1,990 1,795 250 3,735 1,284 62,460 2,150 12,336 6,679 5,861 1,218 784 313 792 2,556 5,339 314 3,072 1,801 3,135 98 5,843 745 20,876 681 36,159 303 38 71 3,519 1,382 21,840 177 4,392 53	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~156~

	December31,2023
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FILQF FILTF FILUF FILVF FILXF FILYF FIMAF FIMBF FIMJF FIMKF FIMQF FIMTX FIMTX FIMX1 FIMX2 FINAF FINBF FINDF FINEF FINGF FINIF FINJF FINJF FINMF FINOF FINSF FINUF FINVF FINWF FINYF FIOAF FIODF FIOEF FIOHF FIOJF FIOKF FIOLF FIOOF FIOPF FIOQF FIORF FIOSF FIOTF FIOUF FIOVF FIOWF FIOXF FIOYF FIOZF	Long 219 22,734 $ Short 41 6,624 Long 19 4,046 Short 6 2,242 Long 32 38,726 Long 4 1,975 Short 3 926 Short 1 104 Long 1 428 Long 33 7,571 Long 2 277 Long 1,384 1,229,186 Short 825 733,703 Short 98 87,523 Long 169 150,939 Short 1 339 Long 1 476 Short 24 4,874 Short 7 1,071 Long 5 871 Short 3 274 Long 28 2,832 Short 10 995 Short 2 294 Short 9 3,551 Long 20 3,010 Short 5 454 Long 17 6,820 Short 27 28,658 Long 410 555,034 Short 1 273 Long 2 544 Long 267 6,115 Long 5 1,549 Short 20 3,782 Short 3 298 Short 6 1,694 Short 8 928 Short 8 8,037 Short 48 25,980 Short 3 357 Long 34 1,006 Long 3 649 Long 7 2,022 Short 31 7,470 Long 1 1,174 Long 2 2,288 Short 100 5,735 Long 10 2,670	23,083 $ 6,552 4,123 2,310 38,208 2,008 936 101 428 7,260 261 1,235,483 734,562 87,681 151,094 317 489 4,978 1,040 907 266 2,750 983 286 3,519 2,884 441 6,725 28,296 555,745 276 538 6,320 1,585 3,760 305 1,728 933 8,320 25,728 356 1,020 636 2,030 7,869 1,174 2,260 5,650 2,680	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~157~

	December31,2023
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIOZF FIPAF FIPBF FIPCF FIPDF FIPEF FIPFF FIPGF FIPIF FIPJF FIPJF FIPKF FIPLF FIPMF FIPNF FIPQF FIPRF FIPSF FIPTF FIPUF FIPVF FIPWF FIPXF FIPYF FIQAF FIQBF FIQCF FIQDF FIQEF FIQFF FIQGF FIQHF FIQIF FIQJF FIQKF FIQLF FIQMF FIQNF FIQOF FIQQF FIQRF FIQTF FIQUF FIQVF FIQWF FIQXF FIQYF FIQZF FIRAF	Short 23 6,074 $ Short 18 5,483 Short 64 3,965 Short 7 1,437 Long 4 1,270 Long 6 1,111 Short 1 360 Short 8 493 Short 2 10,168 Long 2 1,514 Short 3 2,237 Short 2 210 Long 39 3,468 Short 4 1,350 Short 1 182 Long 8 976 Short 26 6,727 Short 33 2,669 Long 29 20,017 Short 1 102 Short 8 27,812 Short 50 8,661 Short 4 5,898 Long 24 1,891 Short 4 1,252 Short 13 1,171 Long 24 2,552 Short 13 4,807 Short 3 183 Long 2 115 Long 61 2,873 Long 40 2,063 Short 20 339 Long 30 1,282 Short 19 1,291 Long 5 1,286 Long 1 22 Long 3 158 Short 4 233 Short 15 2,494 Long 36 1,575 Long 2 246 Long 32 2,809 Long 22 3,137 Long 206 64,728 Short 55 6,045 Short 15 2,090 Long 37 2,193 Long 2 1,339	6,187 $ 5,562 3,757 1,477 1,316 1,102 375 490 9,780 1,524 2,277 195 3,381 1,364 182 968 6,812 2,937 20,541 102 29,200 9,125 5,816 1,745 1,244 1,205 2,506 4,381 179 119 2,864 2,060 317 1,260 1,237 1,270 23 157 233 2,517 1,764 247 2,707 3,137 64,272 6,050 2,100 2,182 1,342	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~158~

	December31,2023
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIRAF FIRBF FIRCF FIRDF FIREF FIRFF FIRGF FIRJF FIRKF FIRLF FIRNF FIROF FIRRF FIRSF FIRUF FIRUF FIRWF FIRXF FIRYF FIRZF FIRZF FISAF FISBF FISCF FITE FITX FITX FIZEF FIZEF FIZFF Options contract TX1 call TX1 call TX1 put TX1 put TX1 call TX1 call TXO call TXO call TXO put	Short 2 1,239 $ Short 21 5,825 Long 3 315 Short 6 606 Long 19 5,582 Short 49 5,310 Short 25 1,675 Long 143 9,867 Short 39 16,981 Short 12 716 Short 9 3,478 Long 5 1,129 Long 59 3,282 Long 4 963 Long 10 3,371 Short 556 199,788 Short 13 2,249 Short 6 712 Short 2 339 Long 16 4,947 Short 896 273,185 Short 2 1,062 Short 9 446 Long 1 35 Long 19 67,738 Long 230 821,026 Short 353 1,251,751 Long 34 15,129 Short 4 1,783 Short 98 42,098 Long 150 8 Short 150 143) ( Long 525 27 Short 525 456) ( Long 1 3 Short 14 24) ( Short 196 1,042) ( Short 27 128) ( Long 248 180	1,342 $ 5,649 322 605 5,415 5,268 1,928 9,822 17,043 701 3,501 1,120 3,257 980 3,490 193,488 2,256 706 347 4,944 276,522 1,086 425 35 67,766 820,926 1,258,921 15,149 1,784 42,125 6 139) ( 14 216) ( 2 21) ( 1,619) ( 192) ( 69	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Hedge Trade Trade

~159~

	June30,2023
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
Futures contract FICCF FICDF FICHF FICSF FICUF FICXF FICYF FICZF FIDAF FIDBF FIDHF FIDKF FIDLF FIDQF FIDSF FIDXF FIEMF FIFQF FIFTF FIFVF FIFYF FIFZF FIGHF FIGRF FIHCF FIHSF FIIIF FIIPF FIIRF FIJZF FIKFF FIKGF FIKSF FILQF FIMTX FINDF FINJF FINVF FIOZF FIPTF FIPUF FIQJF FIQKF FIQSF FIQWF FIQXF FIRAF FIRBF FIRCF FIRKF	Long 6 586 $ Long 19 22,273 Long 16 603 Long 8 652 Long 15 409 Long 8 874 Long 4 583 Short 669 200,094 Short 177 22,340 Long 12 638 Long 2 461 Long 4 1,192 Long 135 34,135 Long 21 651 Long 13 845 Long 25 4,477 Long 3 318 Long 1 206 Long 5 451 Long 5 318 Long 2 176 Long 9 517 Long 9 4,294 Short 1 116 Long 6 688 Long 8 651 Long 4 663 Long 2 833 Long 2 701 Long 6 310 Long 3 265 Long 8 1,538 Long 3 1,779 Long 9 777 Short 317 265,906 Long 3 551 Long 6 693 Long 3 1,320 Long 2 494 Long 3 1,733 Long 8 561 Short 7 282 Short 4 302 Long 11 290 Long 4 640 Short 11 1,298 Long 8 4,045 Long 3 632 Long 4 488 Long 4 1,136	583 $ 21,926 597 661 423 874 565 127,702 22,479 631 454 1,232 31,590 643 819 4,580 322 210 445 318 179 496 4,419 114 686 643 658 846 708 323 279 1,533 1,818 783 265,904 536 698 1,353 444 1,791 553 277 298 291 647 1,309 4,336 639 485 1,180	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~160~

	June30,2023
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
RTF FITE FITF FITX FIXI FIZE FICZF FIDAF FIGD FIGD FIPBF FIQEF FIQGF FIQHF FIQJF FIQMF FIQNF FIQRF FIQSF FIRFF FITG FICCF FICDF FICHF FICSF FICYF FICZF FIDAF FIDBF FIDBF FIDDF FIDFF FIDHF FIDQF FIDSF FIDVF FIDXF FIEHF FIEMF FIFFF FIFGF FIFNF FIFNF FIFQF FIFRF FIFVF FIFWF FIFYF FIFZF FIGHF	Long 9 1,301 $ Long 99 322,328 Long 36 58,505 Short 42 140,577 Long 93 144,588 Long 72 29,260 Short 1,149 357,167 Short 220 27,774 Long 10 194 Short 10 195 Short 2 101 Short 5 252 Short 5 195 Short 2 92 Short 10 399 Short 5 124 Long 4 171 Short 3 95 Long 11 296 Long 7 616 Long 1 723 Short 641 66,458 Short 424 490,324 Short 131 5,104 Long 52 4,745 Short 124 18,359 Short 974 290,875 Short 162 20,021 Long 201 10,792 Short 231 12,205 Short 65 1,175 Short 3 231 Short 1,380 315,060 Short 312 9,762 Short 41 2,698 Short 193 283,036 Short 1,135 183,195 Short 8 850 Short 162 18,293 Short 31 15,386 Short 14 17,970 Short 82 13,477 Short 6 1,010 Short 44 8,939 Short 14 10,067 Short 74 4,540 Short 39 1,653 Short 17 1,493 Short 396 22,671 Short 113 57,085	1,304 $ 321,041 58,200 140,691 143,315 29,196 219,229 27,940 194 192 100 247 194 86 396 119 165 94 291 603 724 62,305 489,680 4,886 4,295 17,515 185,956 20,574 10,553 12,151 1,165 229 313,260 9,547 2,584 266,840 207,945 848 17,399 14,753 18,592 13,579 1,002 9,240 9,660 4,708 1,712 1,518 21,820 55,483	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge

~161~

	June30,2023
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIGIF FIGJF FIGOF FIGUF FIGXF FIGYF FIHBF FIHCF FIHSF FIIIF FIIOF FIIPF FIIRF FIITF FIIXF FIIZF FIJBF FIJFF FIJMF FIJNF FIKBF FIKDF FIKFF FIKFF FIKPF FILEF FILIF FILQF FILUF FILXF FILYF FILYF FIMJF FINAF FINDF FINEF FINIF FINJF FINMF FINOF FINVF FINWF FIODF FIOHF FIOLF FIOPF FIOQF FIORF FIOVF FIOWF	Short 19 6,664 $ Short 9 7,020 Short 3 1,318 Short 6 1,450 Short 18 6,818 Short 5 687 Short 28 5,443 Short 9 1,052 Short 1,992 158,057 Short 6 1,005 Short 75 66,694 Short 63 25,093 Short 205 74,041 Short 20 3,825 Short 9 2,076 Short 5 395 Short 28 93,340 Short 3 5,340 Short 1 1,230 Short 108 9,490 Short 6 852 Short 3 1,119 Long 133 12,164 Long 135 12,725 Short 5 358 Short 5 3,980 Short 4 735 Short 78 6,742 Short 1 232 Short 17 16,898 Long 1 550 Short 16 9,055 Short 12 6,142 Short 141 48,464 Short 77 14,009 Short 72 8,886 Long 3 317 Short 289 33,822 Short 11 1,580 Short 118 37,589 Long 24 10,467 Short 37 30,801 Short 7 2,336 Short 12 4,100 Short 188 40,467 Short 8 5,670 Short 5 2,934 Short 19 2,746 Short 97 14,433 Short 34 34,249	6,775 $ 6,984 1,320 1,404 6,372 692 5,366 1,030 160,115 988 64,572 26,649 72,570 3,768 2,115 410 90,440 5,172 1,292 9,623 832 1,107 12,351 13,149 362 3,960 743 6,786 211 16,763 529 8,464 5,988 46,661 13,774 8,704 331 33,606 1,610 38,350 10,824 30,599 2,310 4,008 40,293 5,600 2,745 2,747 14,702 34,068	Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge

~162~

	June30,2023
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIOYF FIOZF FIPBF FIPEF FIPEF FIPJF FIPLF FIPMF FIPNF FIPQF FIPRF FIPTF FIPUF FIPVF FIPWF FIPXF FIPYF FIQAF FIQBF FIQCF FIQDF FIQEF FIQFF FIQGF FIQHF FIQIF FIQJF FIQLF FIQMF FIQNF FIQQF FIQSF FIQWF FIQXF FIRAF FIRBF FIRCF FIREF FIRFF FIRGF FIRGF FIRJF FIRKF FIRLF FIRNF FIRNF FIROF FIRQF FIRSF FITX	Long 1 55 $ Short 75 18,729 Short 39 1,985 Long 1 191 Short 21 4,270 Short 55 26,451 Short 21 1,974 Short 14 4,974 Short 43 5,021 Short 22 2,766 Short 5 882 Short 18 10,523 Short 352 25,048 Short 2 4,770 Short 137 16,621 Short 1 1,226 Short 137 8,286 Short 7 1,990 Short 11 1,176 Short 27 2,640 Short 51 16,854 Short 83 4,153 Short 161 9,207 Short 35 1,371 Short 159 6,845 Short 26 453 Short 36 1,436 Short 10 2,536 Short 90 2,250 Short 110 4,616 Short 155 25,418 Long 2 53 Long 8 1,251 Short 21 2,451 Short 81 39,802 Short 2 430 Short 399 51,065 Short 36 9,291 Short 57 5,028 Long 1 62 Short 4 249 Short 115 8,808 Short 101 28,419 Short 42 3,014 Short 17 7,243 Short 23 10,788 Short 34 7,529 Short 12 816 Short 9 2,035 Short 150 503,255	59 $ 16,700 1,954 194 4,074 27,115 1,997 4,998 4,580 2,727 906 10,743 24,335 5,680 19,457 1,246 8,537 1,999 1,151 2,565 17,186 4,092 9,293 1,358 6,844 430 1,426 2,580 2,139 4,549 24,025 53 1,288 2,499 43,899 426 48,356 9,292 4,915 65 258 8,944 29,795 3,016 7,379 11,357 7,714 826 1,994 503,610	Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge

~163~

	June30,2023
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FICAF FICBF FICCF FICCF FICDF FICEF FICFF FICGF FICHF FICJF FICKF FICLF FICMF FICNF FICQF FICRF FICSF FICUF FICUF FICWF FICXF FICYF FICZF FICZF FIDAF FIDAF FIDBF FIDCF FIDDF FIDEF FIDFF FIDGF FIDHF FIDHF FIDIF FIDIF FIDJF FIDKF FIDLF FIDNF FIDOF FIDPF FIDQF FIDSF FIDVF FIDWF FIDXF FIDYF FIDZF FIEEF	Short 9 1,410 $ Long 600 35,820 Long 257 26,183 Short 80 7,905 Short 766 881,981 Long 14 1,721 Short 16 2,887 Short 6 349 Long 341 13,396 Short 16 715 Long 317 28,430 Short 44 3,277 Long 17 645 Long 69 3,479 Long 9 1,364 Long 9 589 Long 206 18,311 Long 30 917 Short 529 15,109 Short 15 1,393 Short 2,423 233,383 Short 29 4,287 Long 79 14,931 Short 4,725 1,385,763 Long 64 8,091 Short 3,180 395,440 Short 147 8,089 Long 60 2,246 Short 154 2,799 Long 29 1,006 Long 54 4,154 Short 37 5,025 Long 14 3,224 Short 81 18,830 Long 20 1,295 Short 55 3,783 Short 12 7,626 Long 62 18,716 Short 4 1,004 Short 43 2,251 Short 3 148 Short 6 333 Short 310 9,859 Short 33 2,214 Short 469 698,866 Short 26 3,112 Short 3,219 524,113 Short 1 89 Short 6 641 Long 26 1,004	1,309 $ 35,463 25,056 7,776 884,044 1,712 2,762 351 12,719 710 27,565 3,375 644 3,450 1,375 603 17,016 849 14,918 1,386 264,597 4,095 15,089 902,195 8,128 403,860 7,732 2,244 2,760 1,006 4,125 4,988 3,178 18,387 1,310 3,603 7,548 19,096 936 2,245 139 332 9,486 2,079 648,158 3,151 589,721 89 642 1,014	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~164~

	June30,2023
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIEGF FIEKF FIEMF FIEPF FIEYF FIFBF FIFCF FIFEF FIFFF FIFGF FIFKF FIFNF FIFQF FIFRF FIFRF FIFTF FIFVF FIFWF FIFY1 FIFZF FIGAF FIGCF FIGHF FIGIF FIGJF FIGLF FIGMF FIGNF FIGOF FIGRF FIGUF FIGWF FIGXF FIGYF FIGZF FIHAF FIHBF FIHCF FIHHF FIHIF FIHLF FIHQF FIHSF FIIAF FIIHF FIIIF FIIJF FIIMF FIIOF FIIPF	Short 8 158 $ Short 39 1,301 Short 265 30,028 Short 8 16,442 Long 140 2,324 Long 10 1,169 Short 52 2,600 Long 293 27,406 Short 13 6,309 Short 9 10,195 Short 7 573 Long 98 15,767 Short 141 29,842 Long 14 9,844 Short 257 183,319 Short 19 1,666 Long 14 871 Short 18 753 Long 21 1,882 Long 45 2,451 Long 8 953 Short 6 682 Short 58 26,417 Long 4 1,398 Long 50 38,824 Short 30 2,526 Long 5 496 Long 40 2,405 Short 13 5,723 Short 7 792 Short 8 2,008 Short 28 5,928 Short 2 730 Short 10 1,369 Long 2 84 Short 4 121 Short 14 2,696 Short 67 7,866 Long 8 179 Long 3 180 Long 9 762 Long 94 3,965 Short 1,598 129,819 Long 36 1,021 Short 18 823 Short 9 1,557 Short 8 34,960 Short 5 691 Short 75 68,706 Long 35 14,251	157 $ 1,283 28,461 16,490 2,302 1,184 2,558 27,800 6,188 11,952 564 16,229 29,604 9,660 177,330 1,691 890 792 1,877 2,480 931 671 28,478 1,428 38,798 2,544 518 2,288 5,720 799 1,872 5,656 708 1,384 85 118 2,682 7,669 179 180 770 3,807 128,479 1,022 823 1,481 34,400 642 64,575 14,805	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~165~

	June30,2023
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIIQF FIIRF FIITF FIIXF FIIZF FIJBF FIJFF FIJMF FIJNF FIJPF FIJSF FIJWF FIJZF FIKAF FIKAF FIKBF FIKCF FIKDF FIKEF FIKFF FIKFF FIKGF FIKIF FIKKF FIKLF FIKOF FIKPF FIKSF FIKSF FIKUF FIKWF FILBF FILCF FILEF FILIF FILMF FILOF FILQF FILRF FILTF FILUF FILVF FILVF FILWF FILXF FILYF FIMAF FIMJF FIMKF FIMQF	Long 2 270 $ Short 101 37,151 Long 20 3,812 Short 2 466 Short 7 550 Short 17 54,489 Short 8 14,030 Short 9 11,605 Long 13 1,112 Long 21 2,294 Long 11 1,665 Short 9 1,468 Short 13 663 Long 19 4,659 Short 1 223 Short 16 2,318 Long 25 5,182 Long 3 1,102 Long 10 2,001 Long 88 8,000 Short 48 4,518 Short 256 48,554 Short 3 263 Long 24 2,268 Short 3 192 Short 11 2,287 Long 39 2,825 Long 2 1,203 Short 2 1,217 Long 87 3,404 Short 17 1,391 Short 93 22,831 Short 6 1,167 Long 6 4,770 Short 3 565 Short 7 2,905 Short 35 1,967 Long 202 17,667 Long 16 408 Short 3 486 Short 8 1,723 Long 2 806 Short 10 4,106 Short 1 982 Short 3 2,961 Short 7 4,002 Short 2 704 Short 2 968 Long 1 187 Long 34 3,815	270 $ 35,754 3,768 470 573 54,910 13,798 11,626 1,158 2,306 1,657 1,443 699 4,199 221 2,218 5,250 1,107 2,020 8,157 4,675 49,050 263 2,242 191 2,343 2,824 1,212 1,216 3,393 1,372 23,157 1,153 4,752 557 3,108 1,967 17,575 400 473 1,688 822 4,100 998 2,958 3,703 678 998 191 3,794	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~166~

	June30,2023
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIMTX FIMTX FIMTX2 FIMVF FINAF FINBF FINDF FINEF FINGF FINJF FINJF FINLF FINMF FINOF FINQF FINSF FINUF FINVF FINVF FINWF FINYF FIODF FIOEF FIOHF FIOKF FIOLF FIOPF FIOQF FIORF FIOSF FIOTF FIOUF FIOUF FIOVF FIOWF FIOXF FIOYF FIOZF FIOZF FIPAF FIPCF FIPDF FIPEF FIPGF FIPIF FIPJF FIPLF FIPMF FIPNF FIPPF	Long 441 367,394 $ Short 542 451,304 Long 1 840 Short 8 889 Short 25 8,706 Short 2 906 Short 19 3,290 Short 14 1,786 Long 8 1,634 Long 21 2,364 Short 37 4,197 Short 9 1,621 Short 4 591 Short 83 26,799 Long 6 3,941 Long 15 1,892 Short 5 529 Long 8 3,474 Short 4 1,620 Short 13 10,921 Short 19 24,623 Long 10 3,474 Long 202 5,436 Short 10 3,405 Short 2 245 Short 10 2,157 Short 11 7,774 Short 21 11,890 Short 10 1,443 Short 6 201 Long 1 203 Long 48 14,250 Short 1 292 Short 29 4,474 Short 218 223,733 Short 1 1,182 Short 28 1,637 Long 22 5,333 Short 54 13,254 Short 1 225 Short 6 1,140 Long 2 728 Short 2 399 Long 3 194 Short 3 12,941 Long 81 38,110 Short 23 2,139 Short 5 1,787 Short 7 830 Short 21 2,249	367,947 $ 451,653 840 872 8,275 864 3,397 1,694 1,554 2,432 4,307 1,589 586 26,975 3,954 1,908 515 3,608 1,804 10,751 24,577 3,300 5,294 3,340 238 2,150 7,700 11,529 1,446 208 205 14,112 292 4,396 218,436 1,184 1,660 4,914 11,988 217 1,176 750 388 193 13,290 39,933 2,187 1,785 746 2,205	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~167~

	June30,2023
Item Trading category	Long/ Short Number of contracts Openpositions Contract size or paid for (received from) premium(note)	Fairvalue	Note
FIPQF FIPRF FIPSF FIPTF FIPUF FIPVF FIPWF FIPWF FIPXF FIPZF FIQAF FIQBF FIQCF FIQDF FIQIF FIQKF FIQLF FIQNF FIQOF FIQPF FIQQF FIQRF FIQTF FIQUF FIQVF FIQWF FIQXF FIQYF FIQZF FIRAF FIRBF FIRCF FIRDF FIRDF FIREF FIRFF FIRJF FIRKF FIRLF FIRNF FIRNF FIROF FIRQF FITE FITE FITF FITX FITX FIZE FIZE	Short 7 864 $ Short 28 4,962 Short 142 10,281 Short 40 23,065 Long 26 1,810 Short 16 44,222 Long 30 4,264 Short 31 4,402 Short 1 1,214 Short 1 5,096 Long 14 3,632 Short 6 639 Short 19 1,883 Short 23 7,746 Short 30 531 Short 56 3,974 Short 18 4,100 Short 13 551 Short 12 793 Short 1 69 Short 52 8,612 Short 31 968 Long 1 113 Short 1 80 Short 21 3,459 Long 233 37,396 Short 67 7,911 Short 12 1,457 Short 104 6,655 Short 25 12,833 Long 1 193 Short 53 6,580 Short 45 5,190 Short 5 614 Short 17 4,541 Short 1 90 Short 19 1,445 Short 120 34,034 Short 2 142 Short 4 1,688 Short 1 483 Short 43 9,628 Short 9 620 Long 64 207,439 Short 27 87,149 Short 35 56,909 Long 197 660,246 Short 289 967,915 Long 22 8,853 Short 22 8,844	868 $ 5,074 9,997 23,877 1,797 45,520 4,290 4,402 1,246 5,710 3,997 628 1,805 7,751 497 4,172 4,644 538 782 69 8,060 975 114 73 3,511 37,678 7,973 1,488 6,490 13,550 213 6,424 5,238 638 4,386 86 1,478 35,400 144 1,736 494 9,761 620 207,616 87,491 56,686 655,966 965,625 8,921 8,911	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~168~

==> picture [493 x 63] intentionally omitted <==

----- Start of picture text -----

June 30, 2023
Open positions Contract size or
Trading Long/ Number of paid for (received
Item category Short contracts from) premium (note) Fair value Note
----- End of picture text -----

CUS	Short	1	$	3,090	$	3,100	Trade
JY	Long	1		2,731		2,730	Trade
FIRT	Short	4		2,471		2,478	Trade
MES	Long	4		2,800		2,795	Trade
MGC	Long	5		3,003		3,004	Trade
CEO put	Short	1	(	3)	(	4)	Trade
TGO put	Long	9		23		20	Trade
TXO call	Short	1	(	7)	(	5)	Trade
TXO put	Long	2		61		1	Trade
TX1 call	Long	211		466		298	Trade
TX1 call	Short	161	(	837)	(	909)	Trade
TX1 put	Long	191		281		183	Trade
TX1 put	Short	179		683	(	553)	Trade
TXO call	Short	40	(	102)	(	15)	Trade
TXO put	Long	128		178		80	Trade
TXO put	Short	70	(	243)	(	148)	Trade

Note: Futures contracts are contract value when trading future contracts; Options contracts are premium received or paid when buying or selling options. Losses are borne by the future merchants of trading counterparties when transaction of stock index futures default, so the credit risk of the Segment is low.

(Blank below)

~169~

B. Market price risk

• (A) The Company deals in index options, stock options stock index futures, treasury bond future and commercial paper rate futures. Market risk is influenced by the changes of the products mentioned above. Each contract has its fair value. The Segment has set up stop-loss point during operations and the losses should be within the expected range, so there is no significant market price risk.

• (B) The foreign exchange exposure of the Futures Segment was as follows:

USD EUR HKD JPY RMB Others Financial assets in foreign currencies Futures guarantee deposits receivable $ 52,023 ($ 721) $ 6,667 $ 2,699 $ 12,273 $ 15,640 June 30,2024 Note: As of June 30, 2024, foreign exchange rates of the above currencies to TWD were 1 USD = 32.450 TWD; 1 EUR= 34.710 TWD; 1 HKD= 4.155 TWD; 1 JPY= 0.202 TWD; and 1 RMB= 4.445 TWD, respectively.				June 30,2024	June 30,2024
	USD	EUR	HKD	JPY	RMB	Others	Total
							$ 88,581

USD EUR HKD JPY RMB Others Financial assets in foreign currencies Futures guarantee deposits receivable $ 30,573 ($ 706) $ 16,193 $ 2,953 $ 11,296 $ 25,526 December 31,2023 Note: As of December 31, 2023, foreign exchange rates of the above currencies to TWD were 1 USD = 30.705 TWD; 1 EUR= 33.980 TWD; 1 HKD= 3.929 TWD; 1 JPY= 0.217 TWD; and 1 RMB= 4.327 TWD, respectively.			December 31,2023	December 31,2023	December 31,2023
	USD	EUR	HKD	JPY	RMB	Others	Total
							$ 85,836

June 30, 2023

USD EUR HKD JPY RMB Others Financial assets in foreign currencies Futures guarantee deposits receivable $ 80,004 ($ 702) $ 23,262 $ 1,701 $12,225 $29,506 Note: As of June 30, 2023, foreign exchange rates of the above currencies to TWD were 1 USD = 31.140 TWD; 1 EUR= 33.810 TWD; 1 HKD= 3.974 TWD; 1 JPY= 0.215 TWD; and 1 RMB= 4.282 TWD, respectively.	USD	EUR	HKD	JPY	RMB	Others	Total
							$145,996

~170~

• C. The amount, period and uncertainty of liquidity risk, cash flow risk and future cash demand: As of June 30, 2024, the option and futures open positions held by the Segment can be closed at a reasonable price in the market, so the risk of liquidity is extremely low. Future trading of the Segment is margin trading. The Segment paid guarantee deposits before transactions. It is evaluated on a daily basis based on the open positions of futures contract established by the company. If the margin calls are required, operating capital of the Company is sufficient to pay. Therefore, there is no financing risk, and the cash flow risk is extremely low.

• The Segment engages in option trading. The premium has been paid (received) before transactions. If the counterparties exercise the call option, operating capital of the Company is sufficient to pay. Therefore, there is no financing risk and cash flow risk.

• D. Types of derivatives, purpose and strategy for achieving the purpose: The Company is concurrent operation of futures business. Futures and options are for the purpose of trading. the Segment mainly operates spread trading and combined strategy transactions. It uses the correlation between futures, options and spot prices to operates simultaneously, and establish a hedge position when the market changes greatly to increase the profit stability of the overall position. The futures and options for the purpose of hedging, the hedging strategy of the Segment is to achieve the purpose of avoiding most of the market price risk. They are highly negatively related to the fair value of the hedged items and the hedging instrument are regularly evaluated.

• E. Derivatives in financial statements:

• (A) Margin deposits for the futures contract

Futures guarantee deposits receivable Excess margin		June 30,2024 4,132,000 $ 2,187,020 $	December 31,2023 4,121,639 $ 3,469,589 $		June 30,2023
					5,314,954 $
					3,748,637 $

• (B) Net gain (loss) from derivatives - future

Net gain (loss) from derivatives - future
Futures contract gain Option trading gain Futures contract loss Option trading loss Total	Six months ended June 30,2024	Six months ended June 30,2023
	843,893 $ 43,497 580,408) ( 51,834) ( 255,148 $	329,080 $ 97,125 297,052) ( 66,266) ( 62,887 $

(2) Fair values and hierarchy information

• A. Financial instruments measured at fair value

Except for those listed in the table below, the carrying amounts of the Segment’s financial instruments not measured at fair value (including cash and cash equivalents, accounts receivable, other receivable, operation guaranteed deposits, accounts payables and other

~171~

payables) approximate their fair values. The fair value information of financial instruments measured at fair value is provided in Note 12(2)2.

• B. Fair value hierarchy of the financial instruments

• (A) Definitions for the hierarchy classifications of financial instruments measured at fair value

  • a. Level 1

    • Level 1, are quoted prices (unadjusted) in active markets for identical assets or liabilities that the Segment can access at the measurement date. An active market has to satisfy all the following conditions: a market in which transactions for the asset or liability take place with sufficient frequency and volume to provide pricing information on an ongoing basis.

  • b. Level 2

    • Inputs other than quoted market prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. For the six months ended June 30, 2024 and 2023, there was no significant transfer of financial instruments between Level 1 and Level 2.

  • c. Level 3

Unobservable inputs for the assets or liability. The Segment has no unlisted stocks.

• (B) For financial instruments held for trading purposes which are classified as non-derivative instruments, their fair values are based on their quoted prices in an active market. For those classified as derivative instruments, their fair values are based on their market prices if their quoted prices are available from an active market. If quoted market prices in an active market are not available, the Segment presumes the expected return or payment if contracts are terminated at balance sheet date.

(Blank below)

~172~

(C) Hierarchy of fair value estimation of financial instruments

Financial instruments measured at fair value Recurring fair value Derivative instruments Assets Financial assets at fair value through profit or loss - current Liabilities Financial liabilities at fair value through profit or loss - current Financial instruments measured at fair value Recurring fair value Derivative instruments Assets Financial assets at fair value through profit or loss - current Liabilities Financial liabilities at fair value through profit or loss - current Financial instruments measured at fair value Recurring fair value Derivative instruments Assets Financial assets at fair value through profit or loss - current Liabilities Financial liabilities at fair value through profit or loss - current		June 30,2024	June 30,2024
	Total	Level 1	Level 2	Level 3
	$ 4,136,411 4,189	$ 4,136,411 $ - 4,189 - December 31,2023		$ - -
	Total	Level 1	Level 2	Level 3
	$ 4,121,730 2,187	$ 4,121,730 $ - 2,187 - June 30,2023		$ - -
	Total	Level 1	Level 2	Level 3
	$ 5,315,536 1,634	$ 5,315,536 1,634	$ - -	$ - -

~173~

13. STATUS OF THE LIMITATIONS ON FINANCIAL RATIOS IMPOSED BY FUTURES TRADING ACT, AND THE RELATED

IMPLEMENTATION

==> picture [669 x 196] intentionally omitted <==

----- Start of picture text -----

June 30, 2024 June 30, 2023
Article Calculation formula Standard Enforcement
Calculation Ratio Calculation Ratio
Stockholders’ equity 2,096,342 2,290,855 Met the
17 13.54 66.99 ≧1
－
(Total liability futures trader’s equity) 154,797 34,197 requirement
Current assets 5,296,581 6,540,442 Met the
17 34.22 191.26 ≧1
Current liabilities 154,797 34,197 requirement
Stockholders’ equity 2,096,342 2,290,855 ≧60% Met the
22 524.09% 572.71%
Minimum paid-in capital 400,000 400,000 ≧40% requirement
Adjusted net capital 1,062,141 1,434,090 ≧20%
Met the
22 Total amount of customer margins required 54.61% 91.56%
1,944,980 1,566,316 ≧15% requirement
for the open positions of futures traders
----- End of picture text -----

14. PROSPECTIVE RISK FOR FUTURES TRADING

The main risk faced by the Company while engaging in self-operating businesses is market price risk- that is risk of changes in market prices of futures or options contracts as a result of fluctuation in underlying investment index. Losses may occur if the market index price and underlying investment move adversely. However, the Company has set up stop-loss point to control such risk for reasons of risk management.

15. OTHER

None.

~174~

16. OTHER DISCLOSURE ITEMS

1) Information about significant transactions

• A. Lending to others: None.

• B. Endorsements and guarantees for others: None.

• C. Acquisitions of real estate exceeding $300 million or 20 percent of contributed capital: None.

• D. Disposals of real estate exceeding $300 million or 20 percent of contributed capital: None.

• E. Purchases or sales transactions discount on brokers’ charges with related parties in excess of $5 million: None.

• F. Receivables from related parties exceeding $100 million or 20 percent of contributed capital: None.

• G. Significant transactions between parent company and subsidiaries are provided in Note 7.

• 2) Related information of investee companies

• None.

3) Disclosure of investment in Mainland China

• None.

(Blank below)

~175~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT

STATEMENT OF CASH AND CASH EQUIVALENTS

JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

	JUNE 30, 2024 (Expressed in thousands of New Taiwan dollars)
Item Current deposits Deposits denominated in NTD Deposits denominated in foreign currencies Time deposits Deposits denominated in NTD Deposits denominated in foreign currencies Total	Description USD 189 thousands, exchange rate: 32.450 HKD 6,215 thousands, exchange rate: 4.155 Maturity Date: July 1, 2024 to September 27, 2024 Interest rates: 1.085%~1.330% USD 3,900 thousands, exchange rate: 32.450 Maturity Date: July 8, 2024 to July 11, 2024 Interest rates: 5.300%~5.430%	Amount $ 33,544 31,969 966,600 126,555 $ 1,158,668	Remark

~176~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT

JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument	Description	Shares or certificates 65 227 50 393 50	Par value (dollar)	Total amount	Interest rate(%)	Cost ＄ 27 4,132,000 926 2,732 523 1,735 430 6,346 ＄ 4,138,373	Fair value Unit price (dollars) Total amount ＄ - 4,132,000 924 1,446 460 1,131 450 4,411 ＄ 4,136,411	Changes in the fair value attributable to changes in credit risk ＄ - - - - - - ＄ -	Remark
							Unit price (dollars)
Financial assets mandatorily measured at fair value through profit or loss: Securities invested by securities broker Futures margin-own funds Buy options TXO Call TXO Put TXO Call TXO Put TX2 Put Total	Long Long Long Long Long								Trade Trade Trade Trade Trade

~177~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENT OF FUTURES GUARANTEE DEPOSITS RECEIVABLE

JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Clearing house (Other futures commission merchants) President Futures Corp. Capital Futures Corp. Yuanta Futures Co., Ltd. KGI FUTURES CO., LTD.	Description	Currency	Foreign amount	Exchange rate (dollars)	New Taiwan dollar ＄ 3,945,211 37,185 2,699 254 318 ( 721 ) 12,063 3,997,009 40,211 20,095 10,862 13,735 4,460 6,413 210 55,775 37,903 1,102 39,005 ＄ 4,132,000	Remark
	Futures guarantee deposits receivable Futures guarantee deposits receivable Futures guarantee deposits receivable Futures guarantee deposits receivable	TWD USD JPY HKD GBP EUR RMB TWD TWD VND USD THB HKD RMB TWD USD	＄ 1,146 13,383 61 8 ( 21 ) 2,713 8,566,522 423 5,030 1,544 47 34	32.450 0.202 4.155 41.040 34.710 4.445 0.001 32.450 0.887 4.155 4.445 32.450

~178~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENT OF OTHER RECEIVABLES

JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Item	Description Time deposit interest Monetary incentives	Amount $ 1,476 26 $ 1,502	Remark
Interest receivable Other receivable Total

~179~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENT OF CHANGES IN PROPERTY, PLANT AND EQUIPMENT FOR THE SIX MONTHS ENDED JUNE 30, 2024

	FOR THE SIX MONTHS ENDED JUNE 30, 2024	FOR THE SIX MONTHS ENDED JUNE 30, 2024	FOR THE SIX MONTHS ENDED JUNE 30, 2024	FOR THE SIX MONTHS ENDED JUNE 30, 2024
Item	(Expressed in thousands of New Taiwan dollars) Beginning balance Increased Decreased Ending balance $ 7,679$ 2,304( $ 593) $ 9,390				Collateral	Remark
Computer equipment	$ 7,679	$ 2,304	( $ 593)	$ 9,390	No

~180~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT

STATEMENT OF CHANGES IN ACCUMULATED DEPRECIATION OF PROPERTY, PLANT AND EQUIPMENT FOR THE SIX MONTHS ENDED JUNE 30, 2024

Item	(Expressed in thousands of New Taiwan dollars) Beginningbalance Increased Decreased ( $ 3,929) ( $ 1,012) $ 593	(Expressed in thousands of New Taiwan dollars) Beginningbalance Increased Decreased ( $ 3,929) ( $ 1,012) $ 593	(Expressed in thousands of New Taiwan dollars) Beginningbalance Increased Decreased ( $ 3,929) ( $ 1,012) $ 593	Endingbalance ( $ 4,348)	Remark
Computer equipment	( $ 3,929)	( $ 1,012)	$ 593		Note

Note: The useful lives of computer equipment are 3 to 5 years.

~181~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENT OF CHANGES IN INTANGIBLE ASSETS FOR THE SIX MONTHS ENDED JUNE 30, 2024

	FOR THE SIX MONTHS ENDED JUNE 30, 2024	FOR THE SIX MONTHS ENDED JUNE 30, 2024	FOR THE SIX MONTHS ENDED JUNE 30, 2024
Item	(Expressed in thousands of New Taiwan dollars) Beginning balance Increased Decreased $ 9,081$ -( $ 2,054)			Ending balance	Remark
Computer software	$ 9,081	$ -	( $ 2,054)	$ 7,027	Note

Note: The useful lives of Computer software are 4 years.

~182~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENT OF OTHER NON-CURRENT ASSETS

JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Item Operation guaranteed deposits Refundable deposits President Futures Corp. - Clearing and settlement funds Futures association Subtotal Others Total	Description	Amount $ 10,000 3,000 360 3,360 437 $ 13,797	Remark

~183~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument	Description Short Short Short Short Short	Shares or certificates	Par value (dollar)	Total amount	Interest rate(%)	Cost ＄ 3,827 628 428 2 489 ＄ 5,374		Fairvalue Total amount ＄ 3,052 434 408 2 293 ＄ 4,189	Changes in the fair value attributable to changes in credit risk ＄- - - - - ＄-	Remark
							Unit price (dollars)
Options sold TXO Call TXO Put TX1 Call TX1 Put TXO Put Total		629 205 70 1 230								Trade Trade Trade Trade Trade

~184~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENT OF ACCOUNTS PAYABLE

JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Name of client Non-related parties: National Taxation Bureau	Description Futures exchange tax	Amount $ 421	Remark

~185~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENT OF OTHER PAYABLES

JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Item Service charge payable Clearance fee payable Salaries payable Bonuses payable Others Total	Description	Amount $ 3,549 1,905 1,876 142,032 825 $ 150,187	Remark

Note: The items which amount exceed 5% of the total account amount shall be individually presented, while the others that do not meet aforementioned threshold can be collectively presented.

~186~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENT OF NON-CURRENT LIABILITIES

JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Item Inter-department account Total	Description Futures margin – hedged ( Futures margin – non-hedged Others	Amount $ 6,083,320 ) 9,152,729 1,899 $ 3,071,308	Remark

~187~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENT OF NET GAIN FROM DERIVATIVES

FOR THE SIX MONTHS ENDED JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Item Description Amount Remark

Gain from derivatives Futures contract gain - non-hedged Realised Futures contract gain - non-hedged Unrealised Subtotal Option trading gain - non-hedged Realised Option trading gain - non-hedged Unrealised Subtotal Total Loss from derivatives Futures contract loss - non-hedged Realised Futures contract loss - non-hedged Unrealised Subtotal Option trading loss - non-hedged Realised Option trading loss - non-hedged Unrealised Subtotal Total Total

＄ 844,852 ( 959) 843,893 42,754 743 43,497 887,390 ( 570,452 ) ( 9,956) ( 580,408) ( 50,563 ) ( 1,271) ( 51,834) ( 632,242) ＄ 255,148

~188~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT

STATEMENT OF EMPLOYEE BENEFITS, DEPRECIATION, AMORTIZATION, AND OTHER OPERATING EXPENSES FOR THE SIX MONTHS ENDED JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Item Employee benefits expense Salaries Labor and health insurance Pension Other employee benefits Depreciation expense Amortization expense Other operating expenses	Six months ended June 30,2024 $ 105,263 2,310 722 790 1,012 2,054 47,476 $ 159,627	Six months ended June 30,2023 $ 37,898 2,181 839 665 1,076 2,090 27,836 $ 72,585	Remark

Note ：

For the six months ended June 30, 2024 and 2023, the Segment had 19 and 24 employees, respectively. There were no directors concurrently serving as employees during both periods.

~189~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENT OF OTHER GAINS AND LOSSES

FOR THE SIX MONTHS ENDED JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Item Financial income Net currency exchange gain Monetary incentives from TAIFEX Others Total	Description	Amount $ 9,325 10,508 5,910 81 $ 25,824	Remark

~190~