PSC - Audit Report / Information 2025

PRESIDENT SECURITIES CORPORATION

PARENT COMPANY ONLY FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS’

REPORT

JUNE 30, 2025 AND 2024

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

PWCR25001474 To the Board of Directors and Shareholders of President Securities Corporation

Opinion

We have audited the accompanying parent company only balance sheets of President Securities Corporation (the “Company”) as at June 30, 2025, December 31, 2024 and June 30, 2024, 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, 2025 and 2024 and notes to the parent company only financial statements, including a summary of material accounting policies.

In our opinion, based on our audits and the report of other auditors (please refer to the Other matter section), the accompanying parent company only financial statements present fairly, in all material respects, the parent company only financial position of the Company as at June 30, 2025, December 31, 2024 and June 30, 2024, and its parent company only financial performance and its parent company only cash flows for the six months ended June 30, 2025 and 2024 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, 2025. These matters were addressed in the context of our audit of the parent company only financial statements as a whole and, in forming our opinion thereon, we do not provide a separate opinion on these matters.

Key audit matter for the parent company only financial statements for the six months ended June 30, 2025 is 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 at June 30, 2025, the unlisted stocks without active market held by the Company totaled 427,043 thousand New Taiwan Dollars and were shown as “financial assets at fair value through other comprehensive income” (Level 3 fair value).

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

Above-mentioned estimation of fair value involves various assumptions and material unobservable inputs, which has high uncertainty and subjective judgement. Any changes in judgements and estimates may affect the ultimate result of accounting estimates and have an impact on the financial statements of the 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 are commonly adopted in the industry;
3.Assessed the reasonableness of parameters used by similar companies;
4.Examined inputs and calculation formulas used in valuation methods and agreed such data to supporting documents.

Other matter – Reference to the audits of other auditors

We did not audit the financial statements of certain investments accounted for under the equity method which were audited by other auditors. Therefore, our opinion expressed herein, insofar as it relates to the amounts included in respect of these associates, is based solely on the report of the other auditors. The balance of these investments accounted for under the equity method amounted to 2,370,754 thousand New Taiwan Dollars, constituting 1.54 % of the parent company only total assets as at June 30, 2025, and the comprehensive income recognized from associates and joint ventures accounted for under the equity method amounted to (45,449) thousand New Taiwan Dollars, constituting (10.83%) the parent company only total comprehensive income for the six months ended June 30, 2025.

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

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

~4~

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

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

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

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

As part of an audit in accordance with the Standards on Auditing of the Republic of China,
we exercise professional judgement and professional skepticism throughout the audit. We also: 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.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.

~5~

Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors’ report to the related disclosures in the parent company only financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors’ report. However, future events or conditions may cause the Company to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the parent company only financial statements, including the disclosures, and whether the parent company only financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Company to express an opinion on the parent company only financial statements. We are responsible for the direction, supervision and performance of the parent company only audit. We remain solely responsible for our audit opinion.

(Blank below)

~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 of the current period and are therefore the key audit matters. We describe these matters in our auditors’ report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.

Wang, Fang-Yu

Independent Auditors

Kuo, Puo-Ju

For and on behalf of PricewaterhouseCoopers, Taiwan August 27, 2025

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

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

~7~

PRESIDENT SECURITIES CORPORATION PARENT COMPANY ONLY BALANCE SHEETS JUNE 30, 2025, DECEMBER 31, 2024 AND JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Assets	Notes	June 30, 2025	December 31, 2024 AMOUNT % `$` `5,019,258` `3` `60,843,659` `39` `4,495,890` `3` `-` `-` `21,935,917` `14` `6,647` `-` `5,513` `-` `18,600,130` `12` `402,885` `-` `374,439` `-` `338` `-` `29,461,926` `19` `3,311` `-` `32,810` `-` `18,039` `-` `3,180,519` `2` `144,381,281` `92` `51,171` `-` `412,862` `-` `8,182,694` `5` `2,462,308` `2` `212,777` `-` `182,731` `-` `227,109` `-` `131,659` `-` `1,296,191` `1` `13,159,502` `8` `$` `157,540,783` `100`	June 30, 2024
		AMOUNT `$` `5,163,813` `54,529,995` `8,704,166` `148,610` `15,850,237` `8,153` `6,793` `18,909,447` `531,802` `623,475` `1,381` `31,599,794` `3,817` `46,322` `317,377` `3,761,612` `140,206,794` `51,486` `427,043` `8,095,705` `2,442,274` `231,091` `182,019` `216,378` `132,274` `1,560,731` `13,339,001` `$` `153,545,795`	AMOUNT `$` `5,019,258` `60,843,659` `4,495,890` `-` `21,935,917` `6,647` `5,513` `18,600,130` `402,885` `374,439` `338` `29,461,926` `3,311` `32,810` `18,039` `3,180,519` `144,381,281` `51,171` `412,862` `8,182,694` `2,462,308` `212,777` `182,731` `227,109` `131,659` `1,296,191` `13,159,502` `$` `157,540,783`	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`	%
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(7) 6(7) 6(8) 6(9) 6(2) 6(3) 6(12) 6(13) 6(14) 6(16) 6(17) 6(48) 6(18)				`2` `41` `2` `-` `13` `-` `-` `11` `-` `1` `-` `20` `-` `-` `-` `2`
					`92`
					`-` `-` `5` `2` `-` `-` `-` `-` `1`
					`8`
					`100`

(Continued)

~8~

PRESIDENT SECURITIES CORPORATION PARENT COMPANY ONLY BALANCE SHEETS JUNE 30, 2025, DECEMBER 31, 2024 AND JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Liabilities and Equity	Notes	June 30, 2025	December 31, 2024 AMOUNT % `$` `8,804,220` `5` `32,969,815 21` `13,535,710` `9` `15,589,881 10` `1,208,692` `1` `1,707,090` `1` `973,576` `1` `1,982,997` `1` `27,431,166 17` `1,658` `-` `955,543` `1` `2,636,299` `2` `13,801,583` `9` `277,983` `-` `67,716` `-` `74,132` `-` `122,018,061 78` `15,585` `-` `143,956` `-` `19,468` `-` `54,808` `-` `233,817` `-` `122,251,878 78` `14,558,313` `9` `-` `-` `91,261` `-` `4,233,889` `3` `9,803,068` `6` `4,381,105` `3` `2,221,269` `1` `35,288,905 22` `$` `157,540,783 100`	June 30, 2024
		AMOUNT `$` `2,607,880` `13,093,407` `22,282,082` `23,635,241` `1,029,298` `1,375,292` `3,012,515` `2,854,994` `30,049,980` `496` `656,816` `3,507,400` `14,824,324` `75,561` `70,887` `74,807` `119,150,980` `22,308` `154,236` `72,482` `40,842` `289,868` `119,440,848` `14,558,313` `1,455,831` `88,963` `4,671,304` `10,677,898` `540,924` `2,111,714` `34,104,947` `$` `153,545,795`	AMOUNT `$` `8,804,220` `32,969,815` `13,535,710` `15,589,881` `1,208,692` `1,707,090` `973,576` `1,982,997` `27,431,166` `1,658` `955,543` `2,636,299` `13,801,583` `277,983` `67,716` `74,132` `122,018,061` `15,585` `143,956` `19,468` `54,808` `233,817` `122,251,878` `14,558,313` `-` `91,261` `4,233,889` `9,803,068` `4,381,105` `2,221,269` `35,288,905` `$` `157,540,783`	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`	%
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 301070 Stock dividends to be distributed 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(19) 6(20) 6(21) 6(22) 6(23) 6(24) 6(25) 6(48) 6(48) 6(26) 6(28) 6(28) 6(28) 6(28)(29)				`8` `20` `8` `9` `-` `1` `3` `1` `19` `-` `-` `3` `8` `-` `-` `-`
					`80`
					`-` `-` `-` `-`
					`-`
					`80`
					`9` `-` `-` `2` `6` `2` `1`
					`20`
					`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, 2025 AND 2024

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

Items Six months ended June 30
2025
2024
Notes
AMOUNT
%
AMOUNT
%
6(30)
$
1,538,893
43
$
1,938,388
27
6(31)
61,529
2
64,309
1
31,666
1
36,293
-
6(32)
(
1,935,919) (
55)
5,937,564
84
50,321
1
48,083
1
6(33)
1,209,143
34
1,000,297
14
356,497
10
340,317
5
6(34)
(
262,925) (
7)
3,256,197
46
6(35)
(
202,366) (
6) (
622,783) (
9)
6(36)
16,349
1
(
130,655) (
2)
6(37)
42,489
1
-
-
(
10,608)
-
(
101,470) (
1)
2,150
-
2,958
-
6(38)
588,468
17
(
898,654) (
13)
14,600
-
17,906
-
6(39)
1,843,669
52
(
4,216,363) (
59)
6(40)
19,148
1
17,829
-
6(41)
184,380
5
401,810
6
3,547,484
100
7,092,026
100
6(42)
(
242,170) (
7) (
287,076) (
4)
(
4,707)
-
(
5,104)
-
6(43)
(
769,415) (
22) (
704,302) (
10)
(
34)
-
(
62)
-
(
11,018)
-
(
12,256)
-
(
764)
-
(
1,886)
-
6(44)
(
1,283,254) (
36) (
2,031,482) (
29)
6(45)
(
173,235) (
5) (
156,217) (
2)
6(46)
(
976,870) (
27) (
1,055,338) (
15)
(
3,461,467) (
97) (
4,253,723) (
60)
86,017
3
2,838,303
40
6(12)
463,516
13
319,110
4
6(47)
119,039
3
122,179
2
668,572
19
3,279,592
46
6(48)
(
148,023) (
4) (
209,948) (
3)
$
520,549
15
$
3,069,644
43

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
421750
Net realized gain (loss) on financial
liabilities measured at fair value through
other comprehensive income
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
Financial 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 subsidiaries,
associates and joint ventures accounted for
under the equity method
602000
Other gains and losses
902001
Profit before tax
701000
Income tax (expense) benefit
902005
Net income

Items	Six months ended June 30 2025 2024 Notes AMOUNT % AMOUNT % 6(30) `$` `1,538,893` `43` `$` `1,938,388` `27` 6(31) `61,529` `2` `64,309` `1` `31,666` `1` `36,293` `-` 6(32) `(` `1,935,919) (` `55)` `5,937,564` `84` `50,321` `1` `48,083` `1` 6(33) `1,209,143` `34` `1,000,297` `14` `356,497` `10` `340,317` `5` 6(34) `(` `262,925) (` `7)` `3,256,197` `46` 6(35) `(` `202,366) (` `6) (` `622,783) (` `9)` 6(36) `16,349` `1` `(` `130,655) (` `2)` 6(37) `42,489` `1` `-` `-` `(` `10,608)` `-` `(` `101,470) (` `1)` `2,150` `-` `2,958` `-` 6(38) `588,468` `17` `(` `898,654) (` `13)` `14,600` `-` `17,906` `-` 6(39) `1,843,669` `52` `(` `4,216,363) (` `59)` 6(40) `19,148` `1` `17,829` `-` 6(41) `184,380` `5` `401,810` `6` `3,547,484` `100` `7,092,026` `100` 6(42) `(` `242,170) (` `7) (` `287,076) (` `4)` `(` `4,707)` `-` `(` `5,104)` `-` 6(43) `(` `769,415) (` `22) (` `704,302) (` `10)` `(` `34)` `-` `(` `62)` `-` `(` `11,018)` `-` `(` `12,256)` `-` `(` `764)` `-` `(` `1,886)` `-` 6(44) `(` `1,283,254) (` `36) (` `2,031,482) (` `29)` 6(45) `(` `173,235) (` `5) (` `156,217) (` `2)` 6(46) `(` `976,870) (` `27) (` `1,055,338) (` `15)` `(` `3,461,467) (` `97) (` `4,253,723) (` `60)` `86,017` `3` `2,838,303` `40` 6(12) `463,516` `13` `319,110` `4` 6(47) `119,039` `3` `122,179` `2` `668,572` `19` `3,279,592` `46` 6(48) `(` `148,023) (` `4) (` `209,948) (` `3)` `$` `520,549` `15` `$` `3,069,644` `43`
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 421750 Net realized gain (loss) on financial liabilities measured at fair value through other comprehensive income 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 Financial 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 subsidiaries, associates and joint ventures accounted for under the equity method 602000 Other gains and losses 902001 Profit before tax 701000 Income tax (expense) benefit 902005 Net income

(Continued)

~10~

PRESIDENT SECURITIES CORPORATION PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME SIX MONTHS ENDED JUNE 30, 2025 AND 2024

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

Items Six months ended June 30
2025
2024
Notes
AMOUNT
%
AMOUNT
%
6(3)
$
87,474
2
$
313,568
4
46,572
1
157,756
2
(
358,996) (
10)
119,167
2
124,155
4
(
101,302) (
1)
($
100,795) (
3) $
489,189
7
$
419,754
12
$
3,558,833
50
6(49)
$
0.33
$
1.92
$
0.32
$
1.91

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 or
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)
902006
Total current comprehensive income
(loss)
Earnings per share
975000
Basic earnings per share (in dollars)
985000
Diluted earnings per share (in dollars)

Items	Six months ended June 30 2025 2024 Notes AMOUNT % AMOUNT % 6(3) `$` `87,474` `2` `$` `313,568` `4` `46,572` `1` `157,756` `2` `(` `358,996) (` `10)` `119,167` `2` `124,155` `4` `(` `101,302) (` `1)` `($` `100,795) (` `3) $` `489,189` `7` `$` `419,754` `12` `$` `3,558,833` `50` 6(49) `$` `0.33` `$` `1.92` `$` `0.32` `$` `1.91`
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 or 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) 902006 Total 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, 2025 AND 2024

(Expressed in thousands of New Taiwan dollars)

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) Appropriations of 2023 earnings Legal reserve Special reserve Cash dividends Balance at June 30, 2024 For the six months ended June 30, 2025 Balance at January 1, 2025 Net income for the six months ended June 30, 2025 Other comprehensive income (loss) for the six months ended June 30, 2025 Total comprehensive income (loss) Appropriations of 2024 earnings Legal reserve Special reserve Cash dividends Stock dividends Changes in ownership interest in subsidiaries Balance at June 30, 2025	Notes		Capital	Capital	Capital		Capital reserve				Retained earnings				Other equity interest	Other equity interest	Other equity interest		Total equity
			Common stock	S	tock dividends to be distributed				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(29) 6(29)		`$ 14,558,313` `-` `-` `-` `-` `-` `-` `$ 14,558,313` `$ 14,558,313` `-` `-` `-` `-` `-` `-` `-` `-` `$ 14,558,313`		`$` `-` `-` `-` `-` `-` `-` `-` `$` `-` `$` `-` `-` `-` `-` `-` `-` `-` `1,455,831` `-` `$ 1,455,831`	`$` `91,261` `-` `-` `-` `-` `-` `-` `$` `91,261` `$` `91,261` `-` `-` `-` `-` `-` `-` `-` `(` `2,298 )` `$` `88,963`			`$ 3,959,127` `-` `-` `-` `274,762` `-` `-` `$ 4,233,889` `$ 4,233,889` `-` `-` `-` `437,415` `-` `-` `-` `-` `$ 4,671,304`		`$ 9,253,546` `-` `-` `-` `-` `549,522` `-` `$ 9,803,068` `$ 9,803,068` `-` `-` `-` `-` `874,830` `-` `-` `-` `$ 10,677,898`	`$ 2,752,936` `3,069,644` `-` `3,069,644` `(` `274,762` `)` `(` `549,522` `)` `(` `1,921,697` `)` `$ 3,076,599` `$ 4,381,105` `520,549` `-` `520,549` `(` `437,415` `)` `(` `874,830` `)` `(` `1,601,414` `)` `(` `1,455,831` `)` `8,760` `$` `540,924`		`$` `43,973` `-` `119,167` `119,167` `-` `-` `-` `$` `163,140` `$` `200,689` `-` `(` `358,996 )` `(` `358,996 )` `-` `-` `-` `-` `-` `($` `158,307 )`		`$ 1,390,336` `-` `370,022` `370,022` `-` `-` `-` `$ 1,760,358` `$ 2,020,580` `-` `258,201` `258,201` `-` `-` `-` `-` `(` `8,760 )` `$ 2,270,021`		`$ 32,049,492` `3,069,644` `489,189` `3,558,833` `-` `-` `(` `1,921,697` `)` `$ 33,686,628` `$ 35,288,905` `520,549` `(` `100,795` `)` `419,754` `-` `-` `(` `1,601,414` `)` `-` `(` `2,298` `)` `$ 34,104,947`

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, 2025 AND 2024

(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 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
2025
2024
$
668,572 $
3,279,592
6(2)(34)
262,925 (
3,256,197 )
6(36)
(
16,349 )
130,655
6(40)
(
18,969 ) (
17,417 )
6(45)
126,885
114,487
6(45)
46,350
41,730
6(43)
769,415
704,302
6(33)(47)
(
1,256,818 ) (
1,033,122 )
(
359,607 ) (
346,839 )
6(12)
(
463,516 ) (
319,110 )
- (
10 )
6(47)
316
2,878
6,051,333 (
10,790,975 )
(
4,730,709 ) (
325,670 )
(
148,610 ) (
20,803 )
6,103,968 (
4,741,679 )
(
1,506 ) (
29,260 )
(
1,280 ) (
24,174 )
(
309,317 ) (
9,327,203 )
(
128,917 ) (
282,689 )
(
249,036 ) (
1,448,016 )
(
1,043 )
841
(
1,766,215 ) (
12,908,920 )
(
506 ) (
354 )
(
13,512 ) (
5,171 )
(
9,112 ) (
3,046 )
(
581,093 ) (
723,386 )
8,762,721
3,509,509
8,045,360 (
4,392,817 )
(
179,394 ) (
227,489 )
(
331,798 ) (
242,886 )
2,038,939
2,530,923
871,997
615,904
2,331,483
14,833,121
(
1,162 )
339
(
298,727 )
127,249
(
725,472 )
323,909
1,022,741
7,512,205
675
4,779

(Continued)

~13~

PRESIDENT SECURITIES CORPORATION

PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS

SIX MONTHS ENDED JUNE 30, 2025 AND 2024

(Expressed in thousands of New Taiwan dollars)

Cash inflow (outflow) generated from operations
Interest received
Dividends received
Income tax paid
Net cash flows from (used in) operating activities
CASH FLOWS FROM INVESTING ACTIVITIES
Investments accounted for under the equity method
Acquisition of property and equipment

Acquisition of intangible assets

(Increase) decrease in other non-current assets
Increase in prepayment for equipment
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 (used in) 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
2025
2024
$
25,511,012 ( $
16,734,810 )
1,285,026
998,647
633,315
259,897
(
298,046 ) (
246,347 )
27,131,307 (
15,722,613 )
(
453,706 )
-
6(13)
(
31,107 ) (
34,128 )
6(17)
(
7,039 ) (
10,555 )
(
254,333 ) (
203,557 )
(
72,961 ) (
63,517 )
(
819,146 ) (
311,757 )
(
6,196,340 )
5,890,361
(
19,910,000 )
11,700,000
(
13,966 ) (
18,410 )
(
39,060 ) (
35,360 )
(
685,143 ) (
730,252 )
(
26,844,509 )
16,806,339
676,903 (
154,673 )
144,555
617,296
5,019,258
3,057,640
$
5,163,813 $
3,674,936

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, 2025 AND 2024

(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, 2025, 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 1,576 and 1,495, as of June 30, 2025 and 2024, 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 27, 2025.
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 the FSC and became 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.

~15~

2) Effect of new issuances of or amendments to IFRS Accounting Standards as endorsed by

the FSC but not yet adopted by the Company

New standards, interpretations and amendments endorsed by the FSC and will become effective from 2026 are as follows:

==> picture [457 x 47] 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	Standards Board
Amendments to IFRS 9 and IFRS 7, ‘Amendments to the classification	January 1, 2026
and measurement of financial instruments’
Amendments to IFRS 9 and IFRS 7, ‘Contracts referencing nature-	January 1, 2026
dependent electricity’
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 –	January 1, 2023
comparative information’
Annual Improvements to IFRS Accounting Standards—Volume 11	January 1, 2026

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:

New standards, interpretations and amendments issued by IASB but IFRS Accounting Standards as endorsed by the FSC are as follows:	not yet included in the
New Standards,Interpretations and Amendments Amendments to IFRS 10 and IAS 28, ‘Sale or contribution of assets between an investor and its associate or joint venture’ IFRS 18, ‘Presentation and disclosure in financial statements’ IFRS 19, ‘Subsidiaries without public accountability: disclosures’	Effective date by International Accounting Standards Board
	To be determined by International Accounting Standards Board January 1, 2027 January 1, 2027

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 adopted are consistent with Note 4 in the parent company only statements for the year ended December 31, 2024, except for the compliance statement, basis of preparation and the portions applicable to interim financial statements as 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, 2024.
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, 2024.
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, 2024.
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, 2025. Please refer to the explanation in Note 5 of the parent company only financial statements for the year ended December 31, 2024.

6. DETAILS OF SIGNIFICANT ACCOUNTS

1) Cash and cash equivalents

TAILS OF SIGNIFICANT ACCOUNTS Cash and cash equivalents
Petty cash Checking deposits Current deposits: Deposits denominated in NTD Deposits denominated in foreign currencies Time deposits Total	June 30,2025 1,500 $ 650,094 1,307,338 1,431,281 1,773,600 5,163,813 $	December31,2024 - $ 651,611 1,041,509 1,252,641 2,073,497 5,019,258 $	June 30,2024
			1,500 $ 580,666 777,036 1,045,579 1,270,155
			3,674,936 $

As of June 30, 2025, December 31, 2024 and June 30, 2024, the annual interest rates of time deposits, including foreign time deposits were 0.680% ~ 1.720%, 0.665% ~ 4.830%, and 0.680% ~ 5.430%, respectively.

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 Total 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	June 30,2025 - $ - - 48,451 1,876) ( 46,575	December31,2024 26,015 $ 1,004) ( 25,011 220,000 1,563) ( 218,437	June 30,2024
			306,662 $ 5,515
			312,177
			100,000 9,389
			109,389

~18~

==> picture [438 x 513] intentionally omitted <==

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

June 30, 2025 December 31, 2024 June 30, 2024
Trading securities - dealer
Listed (TSE and OTC) stocks $ 3,526,493 $ 8,767,530 $ 14,360,706
Government bonds 401,033 99,972 49,875
Corporate bonds 5,113,407 3,613,718 2,506,273
Convertible corporate bonds 1,171,025 1,421,755 1,948,552
Emerging stocks 183,384 230,771 232,790
Overseas stocks 10,415,679 7,919,695 8,614,680
Exchange traded funds 2,389,818 5,272,039 3,999,077
Unlisted stocks 2,052 2,052 16,452
Subtotal 23,202,891 27,327,532 31,728,405
Adjustment of trading securities - dealer 250,385 495,182 2,749,825
Total 23,453,276 27,822,714 34,478,230
Trading securities - underwriter
Listed (TSE and OTC) stocks 84,204 67,610 114,740
Convertible corporate bonds 847,386 783,244 678,210
Subtotal 931,590 850,854 792,950
Adjustment of trading securities - underwriter 96,470 152,654 269,902
Total 1,028,060 1,003,508 1,062,852
-
Trading securities hedging
Listed (TSE and OTC) stocks 5,700,487 8,605,280 11,696,554
Corporate bonds 5,010,013 4,350,000 3,090,000
Convertible corporate bonds 12,805,307 14,190,274 9,568,011
Warrants 44,807 38,420 15,866
Overseas stocks 286,546 438,295 402,377
Exchange traded funds 16,372 25,222 7,511
Subtotal 23,863,532 27,647,491 24,780,319
Adjustment of trading securities - hedging ( 113,553) 31,959 1,743,999
Total 23,749,979 27,679,450 26,524,318
Options bought - futures 2,381 168 4,411
Futures Margin - Own Funds 6,039,136 4,034,313 4,714,111
Derivative financial instrument assets - OTC 210,588 60,058 35,866
Total $ 54,529,995 $ 60,843,659 $ 67,241,354
June 30, 2025 December 31, 2024 June 30, 2024
Non-current items:
Financial assets mandatorily measured at
fair value through profit or loss:
Trading securities - dealer - government bonds $ 49,903 $ 49,878 $ 49,853
Unlisted stocks 435 435 435
Subtotal 50,338 50,313 50,288
Adjustment of trading securities 1,148 858 603
Total $ 51,486 $ 51,171 $ 50,891
----- End of picture text -----

a. For the six months ended June 30, 2025 and 2024, net realized and unrealized gains
(losses) on financial assets and liabilities at fair value through profit or loss amounted to $38,818 and $3,226,794, 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).

~19~

3) Financial assets at fair value through other comprehensive income

Financial assets at fair value through other	comprehensive	income
Current items: Equity instruments: Trading securities-dealer Listed (TSE and OTC) stocks Adjustment of trading securities - dealer Subtotal Debt instruments: Trading securities-dealer Overseas bonds Adjustment of trading securities - dealer Subtotal Total Non-current items: Equity instruments: Unlisted stocks Adjustment of trading securities Total	June 30,2025 1,126,104 $ 617,012 1,743,116 6,854,924 106,126 6,961,050 8,704,166 $ June30,2025 6,449 $ 420,594 427,043 $	December31,2024 279,894 $ 543,717 823,611 3,681,435 9,156) ( 3,672,279 4,495,890 $ December 31,2024 6,449 $ 406,413 412,862 $	June 30,2024
			189,812 $ 454,510
			644,322
			3,125,117 57,527) (
			3,067,590
			3,711,912 $
			June30,2024
			6,449 $ 365,777
			372,226 $

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 $2,170,159, $1,236,473 and $1,016,548 as of June 30, 2025, December 31, 2024 and June 30, 2024, 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 30,2025	Six months ended June 30,2024
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		87,474 $ 40,851 $ Six months ended June 30,2025	313,568 $ 4,669 $ Six months ended June 30,2024
Fair value change recognised in other comprehensive income Cumulative other comprehensive income reclassified to profit or loss Interest income recognised in profit or loss		124,155 $ 119,017 $	101,302) ($ 57,705 $

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).

~20~

4) Bonds purchased under resale agreements

June 30,2025 December31,2024 Foreign bonds 148,610 $ - $	June 30,2024 20,803 $

The above bonds purchased under resale agreements as of June 30, 2025, December 31, 2024 and June 30, 2024 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 $149,546, $0, and $20,984, respectively. The annual interest rates in every currency were as shown as follows:

Currency June 30, 2025 December 31, 2024 June 30, 2024 Foreign currencies (Note) 1.78% ~ 4.23% - 3.48% Note: Foreign currencies include EUR and USD.

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) Receivable of securities business money lending

Securities lending receivable - the securities purchased or held by customers as collateral Securities lending receivable - unrestricted purposes Total	June 30,2025 545,694 $ 18,363,753 18,909,447 $	December31,2024 62,596 $ 18,537,534 18,600,130 $	June 30,2024
			214,303 $ 18,360,069
			18,574,372 $

Note: The collateral maintenance ratio is to be calculated in accordance with regulations and shall not fall below 130%.

7) Accounts receivable

and shall not fall below 130%. Accounts receivable
Accounts receivable - related parties Accounts receivable - non related parties Settlement price receivable-brokers Settlement price receivable-dealer Settlement price receivable-foreign bonds Settlement price receivable-unrestricted purposes Settlement price receivable-sub-brokerage Spot exchange receivable, foreign currencies Interest receivable Settlement price Dividends receivable Others Subtotal Less: Allowance for uncollectible accounts Total	June 30,2025 3,817 $ 17,425,888 $ 4,622,322 6,032,603 487,254 201,142 289,058 796,652 1,200,536 206,112 338,821 31,600,388 594) ( ( 31,599,794 $	December31,2024 3,311 $ 14,492,455 $ 3,165,884 9,987,065 290 27,815 56,868 821,069 625,228 42,637 243,106 29,462,417 491) ( 29,461,926 $	June 30,2024
			4,550 $
			19,471,715 $ 5,691,073 3,253,294 26,442 77,108 126,916 505,938 2,676,060 156,698 252,740
			32,237,984 338)
			32,237,646 $

~21~

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 Accounts receivable Accounts receivable - related parties Accounts receivable - non related parties Total Accounts receivable Accounts receivable - related parties Accounts receivable - non related parties Total			June 30,2025				Total
	Up to 30 days	31 to 90 days	91 to 180 days	181 days to 12 months		More than 12 months
	3,339 $ 30,826,663 30,830,002 $	478 $ 149,331 149,809 $	- $ 101,239 101,239 $ December		- $ 263,894 263,894 $ 31,2024	- $ 259,261 259,261 $	3,817 $ 31,600,388 31,604,205 $ Total
	Upto 30 days	31 to 90 days	91 to 180 days	181 days to 12 months		More than 12 months
	3,130 $ 28,661,904 28,665,034 $	181 $ 138,774 138,955 $	- $ - $ 143,370 381,925 143,370 $ 381,925 $ June 30, 2024			- $ 136,444 136,444 $	3,311 $ 29,462,417 29,465,728 $ Total
	Upto 30 days	31 to 90 days	91 to 180 days	181 days to 12 months		More than 12 months
	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 $

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

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

8) Other receivables

Other receivables
nterest receivable Dividends receivable Others Total	June 30,2025 19,500 $ 282,649 15,228 317,377 $	December31,2024 11,923 $ - 6,116 18,039 $	June 30,2024
			8,604 $ 441,940 10,451
			460,995 $

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

~22~

9) 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 30,2025 365,334 $ 500,000 5,977 15 2,854,993 35,293 3,761,612 $	December31,2024 178,819 $ 500,000 44,257 383,532 1,982,997 90,914 3,180,519 $	June 30,2024
			292,757 $ 500,000 24,743 117,970 1,476,114 45,794
			2,457,378 $

10) 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.
B. Financial assets that do not meet the derecognition conditions and related financial liabilities are analysed below:

iabilities are analysed below:
June 30, 2025	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 17,583,818 $ Financial assets measured at fair value through other comprehensive income Repurchase agreement 6,961,050 December31,2024
	16,818,066 $ 6,817,175 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 16,421,349 $
	15,589,881 $

~23~

June 30,2024	June 30,2024	Carrying amount of related financial liabilities
Financial assets category Financial assets measured at fair value through profit or loss Repurchase agreement Financial assets measured at fair value through other comprehensive income Repurchase agreement	Carrying amount of transferred financial assets
	12,535,554 $ 3,067,591	11,700,978 $ 3,046,711

11) 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)

~24~

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

(1) Financial assets

June 30, 2025

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	Financial instruments Cash collateral received 142,012 $ - $ 146,148 - 288,160 $ - $ Notsetoff in the balance sheet	Net amount
				Financial instruments 142,012 $ 146,148 288,160 $
	210,588 $ 148,610 359,198 $				68,576 $ 2,462
					71,038 $

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 43,442 $ - $ Notsetoff in the balance sheet	Net amount
				Financial instruments 43,442 $
	60,058 $	- $	60,058 $		16,616 $

June 30, 2024

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 3,074 $ - $ 20,301 - 23,375 $ - $ Notsetoff in the balance sheet	Net amount
			Financial instruments 3,074 $ 20,301 23,375 $
35,866 $ 20,803 56,669 $	- $ - - $	35,866 $ 20,803 56,669 $		32,792 $ 502
				33,294 $

~25~

June 30, 2025

(2) Financial liabilities

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 142,012 $ - $ 16,614,640 - 16,756,652 $ - $ Notsetoff in the balance sheet	Net amount
			Financial instruments 142,012 $ 16,614,640 16,756,652 $
142,012 $ 16,614,640 16,756,652 $	- $ - - $	142,012 $ 16,614,640 16,756,652 $		- $ -
				- $

December 31, 2024

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 43,442 $ - $ 12,017,016 - 12,060,458 $ - $ Notsetoff in the balance sheet	Net amount
			Financial instruments 43,442 $ 12,017,016 12,060,458 $
43,442 $ 12,017,016 12,060,458 $	- $ - - $	43,442 $ 12,017,016 12,060,458 $		- $ -
				- $

June 30, 2024

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 $	- $ - - $	3,074 $ 12,297,175 12,300,249 $		- $ -
				- $

~26~

12) Investments accounted for under the equity method

Subsidiaries President Futures Corp. President Securities (HK) Ltd. President Capital Management Corp. President Insurance Agency Corp. PSC Venture Capital Investment Limited Company Associates Uni-President Asset Management Corp. Jin Yuan President Securities Co., Ltd.	June 30,2025 December31,2024 3,510,683 $ 3,053,127 $ 789,769 884,272 286,428 292,986 92,684 89,460 247,968 252,014 4,927,532 4,571,859 797,419 969,373 2,370,754 2,641,462 8,095,705 $ 8,182,694 $	June 30,2024
		2,791,203 $ 857,959 300,836 69,199 254,152
		4,273,349 763,095 2,618,792
		7,655,236 $

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, 2025 and 2024 were $463,516 and $319,110, respectively.
B. The subsidiary, President Securities (HK) Ltd., was approved by the Board of Directors in March 2022 to deal with the dissolution and liquidation matters. However, the liquidation process is still ongoing. The deregistration of securities trading-related licenses has been completed on March 27, 2024, and securities-related business activities have ceased.
C. Subsidiary President Futures has completed a cash capital increase on March 25, 2025. The Company participated in the subscription in the amount of $453,706 based on its shareholding ratio. The Company’s original investment amount increased from $644,650 to $1,098,356, and the shareholding ratio decreased from 96.69% to 95.82%.
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 22 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 2025.
F. The financial information of the Company’s principal associates is summarized as follows:
(a) The basic information of the associate that are material to the Company is as follows:

==> picture [464 x 26] intentionally omitted <==

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

Principal place Nature of Methods of
Company name of businesss Shareholding ratio relationship measurement
----- End of picture text -----

Companyname of businesss	Sh	areholdingrat	relationship measurement io
Uni-President Asset Management Corp. Taipei city Jin Yuan President Securities Co., Ltd. Xiamen	June 30, 2025	December 31,2024	June 30, 2024 42.46% Associate Equity method 49% Associate Equity method
	42.46% 49%	42.46% 49%

~27~

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

Balance sheet

follows: Balance sheet
		Uni-President Asset Management							Corp.
		June 30,2025		December31,2024					June 30,2024
Current assets	$	1,064,046			$	1,598,836		$	1,528,505
Non-current assets		957,305				942,434			900,283
Current liabilities	(	427,507)		(		531,046)	(		979,169)
Non-current liabilities	(	138,354)		(		149,789)	(		74,967)
Total net assets	$	1,455,490			$	1,860,435		$	1,374,652
Share in associate’s net assets	$	618,047			$	790,001		$	583,723
Goodwill and others		179,372				179,372			179,372
Carrying amount of the associate	$	797,419			$	969,373		$	763,095
		Jin Yuan		PresidentSecurities			Co.,Ltd.
		June 30,2025		December31,2024					June 30,2024
Current assets	$	7,323,239			$	6,228,068		$	7,024,441
Non-current assets		733,118				227,432			238,410
Current liabilities	(	3,150,700)		(		1,022,718)	(		1,872,512)
Non-current liabilities	(	67,388)		(		42,046)	(		45,864)
Total net assets	$	4,838,269			$	5,390,736		$	5,344,475
Share in associate’s net assets	$	2,370,754			$	2,641,462		$	2,618,792
Carrying amount of the associate	$	2,370,754			$	2,641,462		$	2,618,792

Statement of comprehensive income
		Uni-President Asset Management Corp.
		Six			months ended Six months ended
			June 30,2025				June 30,2024
Revenue		$				1,271,479 $			1,091,354
Profit for the period from continuing operations $						466,994 $			403,427
Other comprehensive income (loss)	- net of tax					10,124			34,013
Total comprehensive income (loss)		$				477,118 $			437,440
Dividends received from associates		$				374,553 $			219,218
		Jin			Yuan PresidentSecurities Co.,Ltd.
		Six			months ended Six months ended
			June 30, 2025				June 30,2024
Revenue		$				250,985 $			183,235
Loss for the period from continuing operations ($						92,754) ($			138,296)
Total comprehensive income (loss)		($				92,754) ($			138,296)

~28~

13) Property and equipment

January1		Six months ended June 30,2025	Six months ended June 30,2025	Six months ended June 30,2025
	Land	Buildings	Equipment	Leasehold improvements	Total
Cost Accumulated depreciation and impairment Total January 1 Additions Reclassifications Depreciation June 30 June30	1,631,492 $ - 1,631,492 $ 1,631,492 $ - - - 1,631,492 $ Land	1,091,412 $ 543,373) ( 548,039 $ 548,039 $ 1,290 11,988 20,845) ( 540,472 $ Buildings	498,904 $ 239,561) ( 259,343 $ 259,343 $ 29,817 9,176 61,316) ( 237,020 $ Equipment	28,898 $ 5,464) ( 23,434 $ 23,434 $ - 13,010 3,154) ( 33,290 $ Leasehold improvements	3,250,706 $ 788,398) ( 2,462,308 $ 2,462,308 $ 31,107 34,174 85,315) ( 2,442,274 $ Total
Cost Accumulated depreciation and impairment Total January1	1,631,492 $ - 1,631,492 $				3,296,493 $ 854,219) ( 2,442,274 $
	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	1,631,492 $ - 1,631,492 $	1,088,318 $ 544,362) ( 543,956 $	475,939 $ 219,062) ( 256,877 $	20,239 $ 11,192) ( 9,047 $	3,215,988 $ 774,616) ( 2,441,372 $

A. No interest was capitalized for property and equipment for the six months ended June 30, 2025 and 2024.

~29~

B. The information on property and equipment pledged or restricted as of June 30, 2025, December 31, 2024 and June 30, 2024 is described in Note 8.
－
14) 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 30,2025 CarryingAmount 216,084 $ 14,492 515 231,091 $		December31,2024 CarryingAmount 195,739 $ 15,365 1,673 212,777 $ Six months ended June 30,2025		June 30, 2024 Carrying Amount 140,610 $ 10,824 2,830 154,264 $ Six months ended June 30,2024
			Depreciation charge		Depreciation charge
			37,394 $ 2,306 1,158 40,858 $		33,458 $ 2,710 1,158 37,326 $

C. For the six months ended June 30, 2025 and 2024, the additions to right-of-use assets amounted to $59,172 and $66,626, 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 30,2025 Six months ended June 30, 2024 1,622 $ 723 $ 2,426 1,992 54 51

E. For the six months ended June 30, 2025 and 2024, the Company’s total cash outflow for leases amounted to $43,162 and $38,126, respectively.
15) 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 the six months ended June 30, 2025 and 2024, the Company recognized rent income in the amounts of $9,115 and $9,230, respectively, based on the operating lease agreement, which does not include variable lease payments.

~30~

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

2024 2025 2026 2027 2028 After 2029 Total	June 30,2025 December31,2024 - $ - $ 8,811 17,838 17,595 17,498 16,972 16,875 13,798 13,701 4,219 13,764 61,395 $ 79,676 $	June 30,2024 9,099 $ 15,862 15,522 14,899 11,724 1,281 68,387 $

16) Investment property

==> picture [487 x 235] intentionally omitted <==

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

Six months ended June 30, 2025
January 1 Land Buildings Total
Cost $ 140,176 $ 72,533 $ 212,709
Accumulated depreciation and
impairment - ( 29,978) ( 29,978)
Total $ 140,176 $ 42,555 $ 182,731
January 1 $ 140,176 $ 42,555 $ 182,731
Depreciation - ( 712) ( 712)
June 30 $ 140,176 $ 41,843 $ 182,019
June 30 Land Buildings Total
Cost $ 140,176 $ 72,533 $ 212,709
Accumulated depreciation and
-
impairment ( 30,690) ( 30,690)
Total $ 140,176 $ 41,843 $ 182,019
----- End of picture text -----

~31~

Six months ended June 30, 2024

==> picture [486 x 220] intentionally omitted <==

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

January 1 Land Buildings Total
Cost $ 140,176 $ 72,533 $ 212,709
Accumulated depreciation and
impairment - ( 28,556) ( 28,556)
Total $ 140,176 $ 43,977 $ 184,153
January 1 $ 140,176 $ 43,977 $ 184,153
Depreciation - ( 711) ( 711)
June 30 $ 140,176 $ 43,266 $ 183,442
June 30 Land Buildings Total
Cost $ 140,176 $ 72,533 $ 212,709
Accumulated depreciation and
impairment - ( 29,267) ( 29,267)
Total $ 140,176 $ 43,266 $ 183,442
----- End of picture text -----

A. For the six months ended June 30, 2025 and 2024, rental income from the lease of the investment property were $4,803 and $5,024, respectively, and direct operating expenses arising from the investment property were $1,289 and $1,260, respectively.
B. Details of fair value of investment property are provided in Note 12(5).

17) Intangible assets

Intangible assets
January1			Six months ended June 30,2025
		Computer software		Goodwill		Customer relationships and others 54,260 $ 54,253) ( 7 $ 7 $ - - 7) ( - $	Total 449,440 $ 222,331) 227,109 $ 227,109 $ 7,039 28,580 46,350) 216,378 $
Cost Accumulated amoritization and impairment Total January 1 Additions Reclassifications Amortization June 30	( (	353,176 $ 168,078) 185,098 $ 185,098 $ 7,039 28,580 46,343) 174,374 $		42,004 $ - 42,004 $ 42,004 $ - - - 42,004 $	( (

~32~

Six months ended June 30, 2025

			Six months ended June 30,2025	Six months ended June 30,2025	Six months ended June 30,2025
June 30		Computer software	Goodwill Customer relationships and others 42,004 $ 54,160 $ - 54,160) ( ( 42,004 $ - $ Goodwill Customer relationships and others 42,004 $ 54,260 $ - 54,235) ( ( 42,004 $ 25 $ 42,004 $ 25 $ - - - - - 9) ( ( 42,004 $ 16 $ Goodwill Customer relationships and others 42,004 $ 54,260 $ - 54,244) ( ( 42,004 $ 16 $ Six months ended June 30,2024			Total 466,628 $ 250,250) 216,378 $ Total 406,352 $ 176,536) 229,816 $ 229,816 $ 10,555 32,108 41,730) 230,749 $ Total 425,937 $ 195,188) 230,749 $
Cost Accumulated amoritization and impairment Total January 1	(	370,464 $ 196,090) 174,374 $ Computer software
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	(	329,673 $ 140,944) 188,729 $		42,004 $ - 42,004 $	(

A. No interest was capitalized for intangible assets for the six months ended June 30, 2025 and 2024.
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.

~33~

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:
	Brokerage Segment
Growth rate	2024 0.00%
Discount rate	12.10%

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.

18) Other non-current assets

risks related to relevant operating segments. Other non-current assets	risks related to relevant operating segments. Other non-current assets
Short-term loans June 30,2025 Operation guaranteed deposits 490,000 $ Clearing and settlement fund 219,147 Refundable deposits 777,377 Prepayment for equipment 71,457 Overdue receivables 5,219 Others 2,750 Subtotal 1,565,950 Less: Allowance for uncollectible accounts 5,219) ( Total 1,560,731 $ June 30,2025 Unsecured loans 2,497,880 $ Secured loans 110,000 Call loans from banks - Total 2,607,880 $		December 31, 2024 490,000 $ 210,769 531,422 61,250 6,004 2,750 1,302,195 6,004) ( 1,296,191 $ December 31, 2024 8,545,865 $ 160,000 98,355 8,804,220 $		June 30,2024 490,000 $ 218,796 450,981 53,447 3,611 2,500 1,219,335 3,611) ( 1,215,724 $ June 30,2024 11,773,070 $ 770,000 292,050 12,835,120 $

	2,497,880 $ 110,000 -		8,545,865 $ 160,000 98,355		11,773,070 $ 770,000 292,050
	2,607,880 $		8,804,220 $		12,835,120 $

19) Short-term loans

As of June 30, 2025, December 31, 2024 and June 30, 2024, the interest rates of short-term loans, including foreign interest rates were 1.875%~4.890%, 1.870%~5.250% and 1.775%~5.770%, respectively.

20) Commercial papers payable

respectively. Commercial papers payable
Face value Less: Discount on commercial papers payable Total	June 30,2025 13,100,000 $ 6,593) ( 13,093,407 $	December31,2024 33,010,000 $ 40,185) ( 32,969,815 $	June 30,2024
			32,850,000 $ 41,013) (
			32,808,987 $

As of June 30, 2025, December 31, 2024 and June 30, 2024, the interest rates of commercial papers, including foreign interest rates were 1.440%~2.003%, 1.682%~2.022% and 1.680%~2.030%, respectively.

~34~

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

		June 30,2025	June 30,2025	December31,2024	December31,2024		June 30,2024	June 30,2024
Investments in bonds under resale
agreements - short sales		$	280,000	$	-		$	94,720
Valuation adjustment of financial held for
trading			80		-	(		609)
Subtotal			280,080		-			94,111
Liabilities on sale of borrowed securities
- hedged			1,841,042		793,826			1,369,174
Valuation adjustment on liabilities on sale
of borrowed securities - hedged	(		83,259)		49,671			55,545
Liabilities on sale of borrowed securities
- non-hedged			13,681,181		6,404,740			4,843,449
Valuation adjustment on liabilities on sale
of borrowed securities - non-hedged			331,257		217,500			492,112
Subtotal			15,770,221		7,465,737			6,760,280
Issuance of call (put) warrants			19,928,478		18,904,723			16,932,746
Loss (gain) on price fluctuation	(		6,868,601)	(	6,344,768)	(		988,695)
Market value (A)			13,059,877		12,559,955			15,944,051
Warrants redeemed	(		17,164,794)	(	16,132,320)	(		14,850,241)
Loss (gain) on price fluctuation			4,956,862		4,952,966			1,258,164
Market value (B)	(		12,207,932)	(	11,179,354)	(		13,592,077)
Warrants - net (A+B)			851,945		1,380,601			2,351,974
Options sold - TAIFEX			2,117		316			4,188
Outstanding Liability for Issuance of ETNs			262,479		306,853			357,978
Valuation adjustment on outstanding
Liability for Issuance of ETNs			63,696		69,293			112,869
Subtotal			326,175		376,146			470,847
Derivative financial liabilities - OTC			5,051,544		4,312,910			4,422,592
Total		$	22,282,082	$	13,535,710		$	14,103,992

Among the warrants issued by the Company, except for contract-based warrants which are European-style 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.

~35~

22) Bonds sold under repurchase agreements

Bonds sold under repurchase agreements
Government bonds Corporate bonds Bank debentures International bonds Foreign bonds Total	June 30,2025 December31,2024 490,285 $ 104,131 $ 6,449,676 3,219,329 100,938 100,235 3,007,597 1,713,508 13,586,745 10,452,678 23,635,241 $ 15,589,881 $	June 30,2024 50,000 $ 4,917,641 100,000 646,694 9,033,354
		14,747,689 $

The above bonds sold under repurchase agreements as of June 30, 2025, December 31, 2024 and June 30, 2024 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 $23,821,200, $15,730,764 and $14,876,694, respectively, and the annual interest rates in every currency were shown as follows:

Currency June 30, 2025 December 31, 2024 June 30, 2024 NTD 1.12%~1.70% 1.14%~1.63% 1.14%~1.56% Foreign currencies (Note) 0.50%~4.65% 1.75%~4.95% 3.75%~5.75% Note: Foreign currencies include AUD, EUR, USD, GBP, JPY and SGD.

23) Accounts payable

Accounts payable
Other payables Settlement accounts payable - brokered trading Settlement proceeds Settlement accounts payable - operating Settlement accounts payable - foreign bonds Spot exchange payable, foreign currencies Others Total Salary and bonus payable Employees’ and directors’ remuneration payable Dividends payable Others Total	June 30,2025 16,634,597 $ 1,812,222 3,288,737 7,334,582 288,708 691,134 30,049,980 $ June 30,2025 938,761 $ 227,865 1,601,414 739,360 3,507,400 $	December31,2024 12,373,337 $ 2,727,528 1,940,061 9,983,714 56,794 349,732 27,431,166 $ December31,2024 1,760,813 $ 200,008 - 675,478 2,636,299 $	June 30,2024
			21,168,360 $ 1,093,439 4,957,769 4,088,332 126,907 538,882
			31,973,689 $
			June 30,2024
			1,424,328 $ 261,390 1,921,697 718,685
			4,326,100 $

24) Other payables

~36~

25) Other financial liabilities - current

Principal guaranteed notes (PGN) - fixed income	June 30,2025 December31,2024 14,824,324 $ 13,801,583 $	June 30,2024 12,736,224 $

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 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).

26) Other liabilities - non-current

Guarantee deposits received Net defined benefit obligation Total	June 30, 2025 28,830 $ 12,012 40,842 $	December31,2024 June 30, 2024 25,631 $ 22,300 $ 29,177 40,436 54,808 $ 62,736 $

27) 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, 2025 and 2024 in the statement of comprehensive income in the amounts of $887 and $1,153, respectively.
(C) Expected contributions to the defined benefit pension plans of the Company for the year ending December 31, 2026 amount to $33,674.

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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, 2025 and 2024 were $43,019 and $38,818, respectively.

28) Equity/Subsequent Events

A. Common stock

On January 1, 2024, the Company's authorized capital was $15,000,000. It was amended to $18,000,000 at the stockholders' meeting on May 28, 2025, with a par value of $10 (in dollars) per share. As of June 30, 2025, December 31, 2024 and June 30, 2024, the common stocks issued and the outstanding common stocks were all 1,455,831 thousand shares.

The Board of Directors approved on February 26, 2025 and the stockholders at the stockholders' meeting resolved on May 28, 2025 to increase the Company's capital with an unappropriated earnings of $1,455,831, and issue 145,583 thousand ordinary shares with a par value of $10 (in dollars) per share. The record date of the capital increase is July 14, 2025, the total common stock issued after the capital increase was $16,014,144, divided into 1,601,414 thousand shares, each with a par value of $10 (in dollars) per share.

B. Capital reserve

June 30, 2025 December 31, 2024 June 30, 2024		Sharepremium 22,805 $ 25,103 $ 25,103 $	Treasury share transactions		Expired stock options 483 $ 483 $ 483 $	Total
			65,675 $ 65,675 $ 65,675 $			88,963 $
						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

~38~

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 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.

29) 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.

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D. The earnings distribution for 2024 and 2023 as resolved by the stockholders’ meeting on May 28, 2025 and June 27, 2024, respectively, are as follows:

Provision of legal reserve Provision of special reserve Cash dividends Stock dividends	Amount Dividends per share (in dollars) 437,415 $ 874,830 1,601,414 1.10 $ 1,455,831 1.00 4,369,490 $ Year ended December 31,2024	Amount Dividends per share (in dollars) 274,762 $ 549,522 1,921,697 1.32 $ - - 2,745,981 $ Year ended December 31,2023

30) Brokerage handling fee revenue

Brokerage handling fee revenue
Revenues from underwriting business Revenues from brokered trading - TWSE Revenues from brokered trading - OTC Sub-brokerage fee income Others Total Revenues from underwriting securities on a firm commitment basis Others Total	Six months ended June 30,2025	Six months ended June 30,2024
	1,041,330 $ 330,860 160,674 6,029 1,538,893 $ Six months ended June 30,2025	1,371,342 $ 425,938 134,136 6,972 1,938,388 $ Six months ended June 30, 2024
	27,793 $ 33,736 61,529 $	28,092 $ 36,217 64,309 $

31) Revenues from underwriting business

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

32)	Net gain (loss) on sale of trading securities
33) 34)	Interest income Net valuation gain (loss) on operating securities at fair value through profit or loss Six months ended June 30,2025 Six months ended June 30,2024 Dealers: -TAIEX 572,156) ($ 2,339,903 $ -OTC 337,060) ( 515,769 -Overseas trading 126,533) ( 360,500 Subtotal 1,035,749) ( 3,216,172 Underwriters: -TAIEX 3,186 25,031 -OTC 14,213 48,579 Subtotal 17,399 73,610 Hedging: -TAIEX 713,791) ( 2,077,328 -OTC 194,530) ( 541,889 -Overseas trading 9,248) ( 28,565 Subtotal 917,569) ( 2,647,782 Total 1,935,919) ($ 5,937,564 $ Six months ended June 30,2025 Six months ended June 30,2024 Interest income from margin loans 453,666 $ 478,598 $ Interest income from bonds 505,404 369,569 Others 250,073 152,130 Total 1,209,143 $ 1,000,297 $ Six months ended June 30,2025 Six months ended June 30, 2024 Gain (loss) on sale of securities - dealer 61,228) ($ 1,945,489 $ Gain (loss) on sale of securities - underwriting 56,184) ( 94,661 Gain (loss) on sale of securities - hedging 145,513) ( 1,216,047 Total 262,925) ($ 3,256,197 $
	Gain (loss) on sale of securities - dealer Gain (loss) on sale of securities - underwriting Gain (loss) on sale of securities - hedging Total

32)

Net gain (loss) on sale of trading securities

33)
34)

Interest income
Net valuation gain (loss) on operating securities at fair value through profit or loss
Six months ended
June 30,2025
Six months ended
June 30,2024
Dealers:
-TAIEX
572,156)
($ 2,339,903
$ -OTC
337,060)
(
515,769
-Overseas trading
126,533)
(
360,500
Subtotal
1,035,749)
(
3,216,172
Underwriters:
-TAIEX
3,186
25,031
-OTC
14,213
48,579
Subtotal
17,399
73,610
Hedging:
-TAIEX
713,791)
(
2,077,328
-OTC
194,530)
(
541,889

-Overseas trading
9,248)
(
28,565
Subtotal
917,569)
(
2,647,782
Total
1,935,919)
($ 5,937,564
$ Six months ended
June 30,2025
Six months ended
June 30,2024
Interest income from margin loans
453,666
$ 478,598
$ Interest income from bonds
505,404

369,569
Others
250,073
152,130

Total
1,209,143
$ 1,000,297
$ Six months ended
June 30,2025
Six months ended
June 30, 2024
Gain (loss) on sale of securities - dealer
61,228)
($ 1,945,489
$ Gain (loss) on sale of securities - underwriting
56,184)
(
94,661
Gain (loss) on sale of securities - hedging
145,513)
(
1,216,047
Total
262,925)
($ 3,256,197
$

Gain (loss) on sale of securities - dealer
Gain (loss) on sale of securities - underwriting
Gain (loss) on sale of securities - hedging
Total

~41~

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

Six months ended June 30,2025 Gain (loss) from the bond investments under resale agreements ($ 8,625) Gain (loss) from securities borrowing transactions ( 191,209) Gain (loss) from covering ( 2,532) Total 202,366) ($	Six months ended June 30,2024 $ 98 ( 609,968) ( 12,913) 622,783) ($

36) 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
Valuation gain (loss) from securities borrowing transactions Valuation gain (loss) from covering Valuation gain (loss) from the bond investments under resale agreements Total	Six months ended June 30,2025	Six months ended June 30,2024
	32,298) ($ 51,471 2,824) ( 16,349 $	101,733) ($ 29,507) ( 585 130,655) ($

Net realized gain (loss) on financial liabilities measured	Net realized gain (loss) on financial liabilities measured	at fair value through	other comprehensive Six months ended June 30, 2024
income Net gain (loss) from issuance of call (put) warrants Foreign bonds 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 30,2025
		42,489 $ Six months ended June 30,2025	- $ Six months ended June 30,2024
	965,414 $ 129,646) ( 247,300) ( 588,468 $		458,664) ($ 138,905) ( 301,085) ( 898,654) ($

~42~

39) Net gain (loss) from derivatives

39)	Net gain (loss) from derivatives
40) 41) 42) 43)	Expected credit impairment loss and reversal of impairment gain Other operating income Handling charges Financial costs Six months ended June 30,2025 Futures contract gain (loss) 1,587,013 $ Option trading gain (loss) 70,305 OTC option trading gain (loss) 65,263) ( Net gain (loss) on foreign exchange derivatives 46,951) ( Asset SWAP 458,943 Others 160,378) ( Total 1,843,669 $ Six months ended June 30,2025 Impairment (loss) and reversal of impairment gain 18,969 $ Recovery of bad debts 179 Total 19,148 $ Six months ended June 30,2025 Income from securities lending 210,121 $ Net currency exchange gain (loss) 89,057) ( Handling fee revenues from funds 53,947 Others 9,369 Total 184,380 $ Six months ended June 30,2025 Brokerage handling fee expense 146,897 $ Dealer handling fee expense 94,395 Refinancing processing fee expense 878 Total 242,170 $ Six months ended June 30,2025 Interest expense from repurchase agreements 364,122 $ Loans interest expense 315,404 Other interest expense 89,889 Total 769,415 $	Six months ended June 30,2025		Six months ended June 30, 2024 2,816,666) ($ 31,086) ( 828,152) ( 147,939 567,657) ( 120,741) ( 4,216,363) ($ Six months ended June 30, 2024
	Other operating income Handling charges Financial costs 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 Brokerage handling fee expense Dealer handling fee expense Refinancing processing fee expense Total Interest expense from repurchase agreements Loans interest expense Other interest expense Total
			18,969 $ 179 19,148 $ Six months ended June 30,2025		17,417 $ 412 17,829 $ Six months ended June 30, 2024
		210,121 $ 89,057) ( 53,947 9,369 184,380 $ Six months ended June 30,2025			192,815 $ 133,283 49,030 26,682 401,810 $ Six months ended June 30,2024
			146,897 $ 94,395 878 242,170 $ Six months ended June 30,2025		181,961 $ 104,378 737 287,076 $ Six months ended June 30,2024
			364,122 $ 315,404 89,889 769,415 $		319,699 $ 338,620 45,983 704,302 $

~43~

44) Employee benefits expense

Employee benefits expense
		Six months ended		Six months ended
		June 30, 2025		June 30, 2024
Salaries	$	1,059,668	$	1,840,749
Labor and health insurance		99,040		83,888
Pension		43,906		39,971
Other employee benefits		80,640		66,874
Total	$	1,283,254	$	2,031,482

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’ remuneration, if any, shall appropriate an employees’ compensation no less than 1.6%, with no less than 1% of this amount designated for rank-and-file employees 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, 2025 and 2024, employees’ compensation was accrued at $13,929 and $68,325, respectively; directors’ remuneration was accrued at $13,929 and $68,325, respectively. The aforementioned amounts were recognized in salary expenses.
C. For the six months ended June 30, 2025, 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 2024 as resolved by the Board of Directors was in agreement with the estimates in the 2024 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.

45) Depreciation and amortization

website. Depreciation and amortization
Depreciation Amortization Total		Six months ended June 30,2025		Six months ended June 30,2024
		126,885 $ 46,350 173,235 $		114,487 $ 41,730 156,217 $

~44~

46) Other operating expenses

46)	Other operating expenses
47) 48)	Other gains and losses Income tax A. Income tax expense Components of income tax expense: Six months ended June 30, 2025 Six months ended June 30, 2024 Taxes 416,847 $ 539,239 $ Security lending expenses 120,846 111,963 Computer information expenses 100,102 90,049 TDCC service fee 52,531 66,931 Postage 42,416 41,631 Others 244,128 205,525 Total 976,870 $ 1,055,338 $ Six months ended June 30,2025 Six months ended June 30,2024 Financial income 47,676 $ 32,825 $ Revenue from facility and equipment usage fee 16,979 32,995 Net gain (loss) on disposal of investments 147) ( 16,903 Net gain (loss) on valuation of non-operating financial instruments 316) ( 2,878) ( Other non-operating revenues (expenses) 54,847 42,334 Total 119,039 $ 122,179 $ Six months ended June 30,2025 Six months ended June 30,2024 Current tax: Current tax on profits for the periods 96,043 $ 175,769 $ Prior year income tax underestimation (overestimation) 652) ( 6,679) ( Tax on undistributed surplus earnings 233 82 Total current tax 95,624 169,172 Deferred taxes: Origination and reversal of temporary differences 52,399 40,776 Total deferred taxes 52,399 40,776 Income tax expense (benefit) 148,023 $ 209,948 $	Six months ended June 30, 2025	Six months ended June 30, 2024
		416,847 $ 120,846 100,102 52,531 42,416 244,128 976,870 $ Six months ended June 30,2025	539,239 $ 111,963 90,049 66,931 41,631 205,525 1,055,338 $ Six months ended June 30,2024
				175,769 $ 6,679) ( 82 169,172 40,776 40,776 209,948 $

~45~

B. As of June 30, 2025, the Company’s income tax returns have been approved by the Tax Authority until 2022, except for 2020 and 2021.
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.

49) Earnings per share

==> picture [475 x 284] intentionally omitted <==

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

Six months ended June 30, 2025
Weighted-average Earnings per
Amount outstanding common share
after tax shares (In thousands) (In dollars)
Basic earnings per share
Net income attributable to common
shareholders $ 520,549 1,601,414 $ 0.33
Dilutive effect of common stock equivalents
Employee bonus - 680
$ 520,549 1,602,094 $ 0.32
Six months ended June 30, 2024
Weighted-average Earnings per
Amount outstanding common share
after tax shares (In thousands) (In dollars)
Basic earnings per share
Net income attributable to common
shareholders $ 3,069,644 1,601,414 $ 1.92
Dilutive effect of common stock equivalents
-
Employee bonus 2,552
$ 3,069,644 1,603,966 $ 1.91
----- End of picture text -----

The above-mentioned weighted average number of outstanding shares has been adjusted based on the proportion of capital increase on July 14, 2025, and the earnings per share for the six months ended June 30, 2024 have been recalculated.

~46~

7. RELATED PARTY TRANSACTIONS

1) Names and relationships of related parties

Names of related parties 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 President Insurance Agency Corp. Subsidiary of the Company PSC PSC Venture Capital Investment Subsidiary of the Company PSC Limited Company 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 Netmarketing, Inc. Other related party President Professional Baseball Team Co., Ltd. Other related party President Information Corp. Other related party Q-WARE 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

Subsidiary of the Company PSC: President Futures Corp.	June 30,2025 5,587,474 $	December31,2024 3,566,046 $	June 30,2024
			4,300,065 $

~47~

B. Accounts receivable

B. Accounts receivable
				June 30,	2025		December31,	2024		June 30,2024
Entity having significant influence on		the
Company:
Uni-President Enterprises Corp.			$		332		$	318	$	334
Subsidiary of the Company PSC:
President Futures Corp.					2,434		2,367			3,005
Associate:
Uni-President Assets Management	Corp.					-		-		110
Other related party:
ScinoPharm Taiwan, Ltd.					366			322		375
Ton Yi Industrial Corp.					101			-		100
President Chain Store Corp. (PCSC)					502			231		504
Others						82		73		122
Total			$		3,817		3,311 $		$	4,550
C. Prepayments
			June 30,2025			December31,2024				June 30, 2024
Other related party:
Q-WARE Systems & Services Corp.		$		4,071		$	4,682		$	5,096
Tung Ho Development Co., Ltd.					600		600			600
President Chain Store Corp. (PCSC)					158		158			158
Presco Netmarketing, Inc.					121		121			121
President Information Corp.					100		300			-
Others					37			26		26
Total		$		5,087		$	5,887		$	6,001
D. Other receivables
		June 30,2025			December 31,2024			June 30,2024
Subsidiary of the Company PSC:
President Futures Corp.	$			286,795	$		473	$		228,503
Others				19			14			18
Associate:
Uni-President Assets Management Corp.				18			76			219,288
Other related party:
Others				-			18			18
Total	$			286,832	$		581	$		447,827

~48~

－
E. Lease transactions lessee
(A) The Company leases business vehicles and multifunction printers, etc., from President Tokyo Co., Ltd., etc. Rental contracts periods are typically 1 to 5 years. Rents are paid monthly.
(B) Right-of-use assets
- a. Acquisition of right-of-use assets

b. Disposal of right-of-use assets (C) Lease liabilities Other related party: President Tokyo Co., Ltd. Other related party: President Tokyo Co., Ltd.		Six months ended June 30,2025 Six months ended June 30,2024 1,433 $ 1,888 $ Six months ended June 30,2025 Six months ended June 30,2024 - $ 2,659 $

a. Lease liabilities current

b. Lease liabilities`–`non-current c. Financial costs Other related party: President Tokyo Co., Ltd. President Tokyo Auto Leasing Co., Ltd. Total Other related party: President Tokyo Co., Ltd. President Tokyo Auto Leasing Co., Ltd. Total		June 30,2025 4,108 $ 754 4,862 $ June 30,2025 10,070 $ 316 10,386 $	December 31, 2024 5,226 $ 751 5,977 $ December 31, 2024 10,572 $ 693 11,265 $	June 30,2024
				5,665 $ 749
				6,414 $
				June 30,2024 6,444 $ 1,070 7,514 $

Financial costs Total 10, $	3	86 11,26 $	5 7,514 $
Other related party: President Tokyo Co., Ltd. President Tokyo Auto Leasing Co., Ltd. Total		Six months ended June 30,2025 108 $ 4 112 $	Six months ended June 30, 2024
			73 $ 6 79 $

~49~

d. Net gain from lease modification

d. Net gain from lease modification
F. Refundable deposits G. Equity for each customer in the account H. Accounts payable I. Guarantee deposit received Other related party: President Tokyo Co., Ltd. June 30,2025 Subsidiary of the Company PSC: President Futures Corp. 34,000 $ June 30,2025 Subsidiary of the Company PSC: President Futures Corp. 36,346 $ June 30, 2025 Subsidiary of the Company PSC: President Futures Corp. 1,577 $ Other related party: President Tokyo Co., Ltd. 2 Presco Netmarketing, Inc. 95 President Information Corp. - Total 1,674 $ June 30,2025 Subsidiary of the Company PSC: President Futures Corp. $ 16,142 Others 854 Associate: Uni-President Assets Management Corp. 1,497 Total 18,493 $	Six months ended June 30, 2025 - $ December 31, 2024 34,000 $ December31,2024 9,857 $ December31,2024 1,348 $ 4 143 400 1,895 $ December31,2024 $ 16,142 854 1,497 18,493 $	Six months ended June 30, 2024
		10 $ June 30, 2024 34,000 $ June 30, 2024 9,852 $ June 30,2024 1,914 $ 49 154 - 2,117 $ June 30,2024 $ 16,137 854 1,497 18,488 $

~50~

J. Handling fee revenue

Handling fee revenue
		Six months ended		Six months ended
		June 30,2025		June 30,2024
Subsidiary of the Company PSC:
Others	$	18	$	1
Security investment trust fund raised by the
Uni-President Asset Management Corp.:
Funds managed by Uni-President Asset
Management Corp.		98,406		114,340
Other related party:
Others		1,242		872
Total	$	99,666	$	115,213

Total 99,666 $ 115,21 $	Total 99,666 $ 115,21 $	Total 99,666 $ 115,21 $	Total 99,666 $ 115,21 $
Terms of handling fee revenue mentioned above are similar to those of transactions with third parties. K. Futures commission income L. Net gain on wealth management-trust income from sales of funds The revenues were collected on a monthly basis in accordance with contract terms. M. Other operating revenue-handling fee revenues from underwriting funds The revenues were collected on a monthly basis in accordance with contract terms. N. Other operating revenue–others Six months ended June 30,2025 Six months ended June 30,2024 Subsidiary of the Company PSC: President Futures Corp. 14,601 $ 17,905 $ Six months ended June 30,2025 Six months ended June 30, 2024 Associate: Uni-President Assets Management Corp. 15,339 $ 14,100 $ Six months ended June 30,2025 Six months ended June 30, 2024 Associate: Uni-President Assets Management Corp. 48,800 $ 47,644 $ Six months ended June 30,2025 Six months ended June 30,2024 Associate: Uni-President Assets Management Corp. - $ 680 $
		- $	680 $

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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–other revenues from underwriting business Q. Stock custodian income Period Deposit Six months ended June 30,2025 Six months ended June 30,2024 Subsidiary of the Company PSC: President Capital Management Corp. 2023.10.01~2029.03.31 664 $ $ 2,028 $ 1,973 Others 332 1,264 1,237 Associate: Uni-President Assets Management Corp. 2016.01.01~2028.08.31 1,497 4,834 4,719 Total 8,126 $ 7,929 $ Six months ended June 30, 2025 Six months ended June 30,2024 Entity having significant influence on the Company: Uni-President Enterprises Corp. 300 $ 75 $ Six months ended June 30, 2025 Six months ended June 30,2024 Entity having significant influence on the Company: Uni-President Enterprises Corp. 1,995 $ 2,053 $ Subsidiary of the Company PSC: Others 42 38 Associate: Uni-President Assets Management Corp. 75 75 Other related party: ScinoPharm Taiwan, Ltd. 1,116 1,144 Ton Yi Industrial Corp. 622 632 President Chain Store Corp. (PCSC) 1,467 1,421 Others 371 371 Total 5,688 $ 5,734 $	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–other revenues from underwriting business Q. Stock custodian income Period Deposit Six months ended June 30,2025 Six months ended June 30,2024 Subsidiary of the Company PSC: President Capital Management Corp. 2023.10.01~2029.03.31 664 $ $ 2,028 $ 1,973 Others 332 1,264 1,237 Associate: Uni-President Assets Management Corp. 2016.01.01~2028.08.31 1,497 4,834 4,719 Total 8,126 $ 7,929 $ Six months ended June 30, 2025 Six months ended June 30,2024 Entity having significant influence on the Company: Uni-President Enterprises Corp. 300 $ 75 $ Six months ended June 30, 2025 Six months ended June 30,2024 Entity having significant influence on the Company: Uni-President Enterprises Corp. 1,995 $ 2,053 $ Subsidiary of the Company PSC: Others 42 38 Associate: Uni-President Assets Management Corp. 75 75 Other related party: ScinoPharm Taiwan, Ltd. 1,116 1,144 Ton Yi Industrial Corp. 622 632 President Chain Store Corp. (PCSC) 1,467 1,421 Others 371 371 Total 5,688 $ 5,734 $	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–other revenues from underwriting business Q. Stock custodian income Period Deposit Six months ended June 30,2025 Six months ended June 30,2024 Subsidiary of the Company PSC: President Capital Management Corp. 2023.10.01~2029.03.31 664 $ $ 2,028 $ 1,973 Others 332 1,264 1,237 Associate: Uni-President Assets Management Corp. 2016.01.01~2028.08.31 1,497 4,834 4,719 Total 8,126 $ 7,929 $ Six months ended June 30, 2025 Six months ended June 30,2024 Entity having significant influence on the Company: Uni-President Enterprises Corp. 300 $ 75 $ Six months ended June 30, 2025 Six months ended June 30,2024 Entity having significant influence on the Company: Uni-President Enterprises Corp. 1,995 $ 2,053 $ Subsidiary of the Company PSC: Others 42 38 Associate: Uni-President Assets Management Corp. 75 75 Other related party: ScinoPharm Taiwan, Ltd. 1,116 1,144 Ton Yi Industrial Corp. 622 632 President Chain Store Corp. (PCSC) 1,467 1,421 Others 371 371 Total 5,688 $ 5,734 $
	Six months ended June 30, 2025
	300 $	75 $ Six months ended June 30,2024 2,053 $ 38 75 1,144 632 1,421 371 5,734 $
	Six months ended June 30, 2025
1,995 $ 42 75 1,116 622 1,467 371 5,688 $

Terms of stock custodian income mentioned above are similar to third parties.

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R. Other operating expenses - others

R. Other operating expenses-others
S. Clearing charges-futures T. Other non-operating expenses-others Entity having significant influence on the Company: Uni-President Enterprises Corp. Subsidiary of the Company PSC: President Capital Management Corp. Other related party: President Tokyo Co., Ltd. Presco Netmarketing, Inc. President Professional Baseball Team Co., Ltd. Q-WARE Systems & Services Corp. President Information Corp. Total Subsidiary of the Company PSC: President Futures Corp. Other related party: President Tokyo Co., Ltd.		Six months ended June 30,2025 9 $ 32,400 58 731 2,589 2,362 200 38,349 $ Six months ended June 30,2025 11,018 $ Six months ended June 30,2025 - $

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U. Purchases of trading securities – dealer

urchases 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 party: President Chain Store Corp. Ton Yi Industrial 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 party: President Chain Store Corp. Total	Ending Shares (In thousands) EndingBalance 1,318 106,758 $ 308,034 9 2,309 390 7,664 424,765 $ Ending Shares (In thousands) EndingBalance 100 8,090 $ 172,454 9 2,367 182,911 $ June 30,2025 December31,2024			Six months ended June 30, 2025
			Gain(loss) 404) ($ 5,859 95 113 5,663 $ Year ended December 31, 2024
		106,758 $ 308,034 2,309 7,664 424,765 $ EndingBalance 31,2024
	Ending Shares (In thousands)			Gain (loss) 786 $ 32,542 130 33,458 $
	100 9	8,090 $ 172,454 2,367 182,911 $

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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 party: President Chain Store Corp. Total	Ending Shares (In thousands) EndingBalance 104 8,455 $ 194,888 9 2,462 205,805 $ June 30,2024	Six months ended June 30, 2024 Gain(loss) 1 $ 13,582 -
		13,583 $

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 June 30,2025 Salary and short-term employee benefits 47,280 $ Retirement benefits 622 Other long-term employee benefits - Termination benefits - Share-based payment - Total 47,902 $		Six months ended June 30,2024
		101,666 $ 578 - - - 102,244 $

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8. PLEDGED ASSETS

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

Assets 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	June 30,2025 6,465,000 $ 441,600 7,316,210 3,266,950 100,000 6,739,000 770 500,000 50,000 1,077,650 490,000	December31,2024 3,214,000 $ 93,900 7,312,417 1,847,763 100,000 3,606,350 384,288 500,000 50,000 1,080,330 490,000	June 30,2024 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	Purposes
				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

A. Please refer to Note 6 (28) for details.

B. To strengthen its medium-term working capital, the Company signed a syndicated loan agreement with a consortium of banks on August 19, 2025. The total facility amount is $8,000,000 and the term is three years from the initial drawdown date.

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.

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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.
(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.

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  - 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 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.

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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.

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 ricks, 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.

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  - (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. 8% 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.

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(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(11).

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 agreement
Bonds sold under a resale agreement 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(11).

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(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.

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(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 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.

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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

(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.

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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

a. Probability of default was based on external credit rating, which include forward-looking 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, 2025, December 31, 2024 and June 30, 2024, 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 loans receivable, accounts receivable, other receivable-others and overdue receivables. The movements in loss provision of margin loans receivable, accounts receivable, other receivable-others and other non-current assetsoverdue receivables of the Company are as follows:

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	Margin loans receivable		Accounts receivable Other receivables Other non- current assets- overdue receivables 491 $ - $ 6,004 $ 103 - 785) ( 594 $ - $ 5,219 $ Accounts receivable Other receivables Other non- current assets- overdue receivables 641 $ - $ 1,965 $ 150) - 4,039 491 $ - $ 6,004 $ Six months ended June 30,2025 YearendedDecember31,2024 Six months ended June 30, 2024	Accounts receivable Other receivables Other non- current assets- overdue receivables 491 $ - $ 6,004 $ 103 - 785) ( 594 $ - $ 5,219 $ Accounts receivable Other receivables Other non- current assets- overdue receivables 641 $ - $ 1,965 $ 150) - 4,039 491 $ - $ 6,004 $ Six months ended June 30,2025 YearendedDecember31,2024 Six months ended June 30, 2024	Accounts receivable Other receivables Other non- current assets- overdue receivables 491 $ - $ 6,004 $ 103 - 785) ( 594 $ - $ 5,219 $ Accounts receivable Other receivables Other non- current assets- overdue receivables 641 $ - $ 1,965 $ 150) - 4,039 491 $ - $ 6,004 $ Six months ended June 30,2025 YearendedDecember31,2024 Six months ended June 30, 2024	Accounts receivable Other receivables Other non- current assets- overdue receivables 491 $ - $ 6,004 $ 103 - 785) ( 594 $ - $ 5,219 $ Accounts receivable Other receivables Other non- current assets- overdue receivables 641 $ - $ 1,965 $ 150) - 4,039 491 $ - $ 6,004 $ Six months ended June 30,2025 YearendedDecember31,2024 Six months ended June 30, 2024		Total
(	27,740 $ 18,287) 9,453 $ Margin loans receivable						(	34,235 $ 18,969) 15,266 $ Total
( (	46,779 $ 19,039) 27,740 $	(					(	49,385 $ 15,150) 34,235 $ Total
	Margin loans receivable 46,779 $ 18,760) 28,019 $		Accounts receivable	Other receivables		Other non- current assets- overdue receivables
		(	641 $ 303) 338 $		- $ - - $	1,965 $ 1,646 3,611 $	(	49,385 $ 17,417) 31,968 $

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.

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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.
  - (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.

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

		June30,2025
Immediately	Less than 3 months	3-12 months	1-5years - $ - - - - - - - - - - - 154,236 154,236 $	Total
1,096,000 $ 1,650,000 16,050,301 4,224,236 - 1,029,298 1,375,292 - 29,922,588 555,434 182,324 - - 56,085,473 $	1,511,880 $ 11,450,000 - - 23,821,200 - - 2,624,982 127,392 10,348 1,810,914 13,630,016 20,390 55,007,122 $	- $ - - 2,007,545 - - - 387,533 - 91,034 1,514,162 1,194,308 50,497 5,245,079 $		2,607,880 $ 13,100,000 16,050,301 6,231,781 23,821,200 1,029,298 1,375,292 3,012,515 30,049,980 656,816 3,507,400 14,824,324 225,123
				116,491,910 $

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	December 31,2024	December 31,2024	December 31,2024
Immediately	Less than 3 months	3-12 months	1-5years - $ - - - - - - - - - - - 143,956 143,956 $	Total
1,060,000 $ 200,000 7,465,737 4,827,187 - 1,208,692 1,707,090 - 27,359,191 848,621 20,131 - - 44,696,649 $	7,244,220 $ 32,810,000 - - 15,730,764 - - 659,427 71,975 16,806 248,631 12,405,988 20,526 69,208,337 $	500,000 $ - - 1,242,786 - - - 314,149 - 90,116 2,367,537 1,395,595 47,190 5,957,373 $		8,804,220 $ 33,010,000 7,465,737 6,069,973 15,730,764 1,208,692 1,707,090 973,576 27,431,166 955,543 2,636,299 13,801,583 211,672
				120,006,315 $

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		June 30,2024
Immediately	Less than 3 months	3-12 months	1-5years - $ - - - - - - - - - - - 95,142 95,142 $	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 - - - 757,169 - 88,710 2,099,525 466,915 39,447 4,103,402 $		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 $

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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
Six months ended June 30, 2025 Amount June 30, 2025 167,569 $ VaR Maximum 292,418 VaR Average 162,285 VaR Minimum 95,645	Six months ended June 30,2024 Amount June 30, 2024 159,816 $ VaR Maximum 287,968 VaR Average 180,431 VaR Minimum 43,215

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

Six months ended
June 30,2025 June 30, 2025 VaR Maximum VaR Average VaR Minimum Six months ended June 30,2024 June 30, 2024 VaR Maximum VaR Average VaR Minimum	Foreign exchange 17,514 $ 44,734 12,901 1,575 Foreignexchange 17,860 $ 29,753 13,952 6,794	Interest 42,564 $ 54,162 37,753 2,603 Interest 7,410 $ 28,898 10,950 855	Share ownership
			158,711 $ 279,217 157,409 93,242 Share ownership
			160,815 $ 287,708 181,958 37,559

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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, 2025, December 31, 2024 and June 30, 2024 ：

USD EUR Financial assetsin foreigncurrencies Cash and cash equivalents 1,171,284 $ 100,054 $ Financial assets at fair value through profit or loss 10,128,652 2,590,347 Financial assets at fair value through other comprehensive income - current 6,961,050 - Bonds purchased under resale agreements 44,303 104,307 Investments under the equity method - - Others 5,796,814 1,006,060 Financial liabilitiesin foreigncurrencies Short-term loans 2,097,880 - Financial liabilities at fair value through profit or loss 411,614 109,782 Bonds sold under repurchase agreements 13,793,834 1,686,557 Others 8,931,378 1,364,469 Note: As of June 30, 2025, foreign exchange rates of the above currencies to TWD were 1 AUD = 19.140 TWD; 1 RMB = 4.091 TWD; and 1 HKD = 3.732 TWD, respectively.				June 30,2025
			AUD RMB HKD Others 64,275 $ 5,098 $ 14,970 $ 75,600 $ 1,013,142 10,598 19,024 759,972 - - - - - - - - - 2,370,754 789,769 - 248,647 6 13,659 26,244,542 - - - - 271 13,204 - 25,854 911,254 - - 202,697 293,368 1,016,606 13,585 21,751,976 1 USD = 29.300 TWD; 1 EUR = 34.350 TWD;				Total
							1,431,281 $ 14,521,735 6,961,050 148,610 3,160,523 33,309,728 2,097,880 560,725 16,594,342 33,371,382

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		December31,2024	December31,2024	December31,2024
			RMB HKD 52,708 $ 93,661 $ 59,368 5,297 - - 2,641,462 884,272 391 28,450 - - 3,385 201 40,157 - 403,136 28,414 June 30,2024 32.785 TWD; 1 EUR = 34.140		Others 105,383 $ 584,888 - - 16,290 - 3,231 127,928 309,913 TWD;	Total
						1,390,338 $ 10,764,263 3,672,278 3,525,734 10,477,466 744,220 425,047 12,166,186 12,523,393
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.

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  - D. The total exchange (loss) gain, 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, 2025 and 2024, amounted to ($89,057) and $133,283, 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, 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, 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, 2025 Investment property December 31, 2024 Investment property June 30, 2024 Investment property	Total 510,246 $ 532,604 $ 532,752 $	Quoted prices of the same assets in active markets (level 1)	Other significant observable inputs (level 2) Significant non-observable inputs(level 3) 510,246 $ - $ 532,604 $ - $ 532,752 $ - $
		- $ - $ - $

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.

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

(B) When financial assets at fair value through other comprehensive income 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 ended June 30, 2025 and 2024, 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.

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(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 10,820,289 $ 34,913,754 2,543,847 1,743,116 6,961,050 1,730 49,756 427,043 16,050,301 6,252,105 6,231,782	Level 1 Level 2 10,721,963 $ 98,326 $ 4,624,296 30,289,458 2,543,847 - 1,743,116 - 6,961,050 - - - - 49,756 - - 16,050,301 - 6,041,516 210,589 1,180,238 5,051,544 June 30,2025	Level3
			- $ - - - - 1,730 - 427,043 - - -

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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 19,532,104 $ 31,653,542 5,563,474 823,611 3,672,279 1,734 49,437 412,862 7,465,737 4,094,539 6,069,973	Level 1 Level 2 19,407,785 $ 124,319 $ 8,414,603 23,238,939 5,563,474 - 823,611 - 3,672,279 - - - - 49,437 - - 7,465,737 - 4,034,480 60,059 1,757,063 4,312,910 December31,2024	Level3
			- $ - - - - 1,734 - 412,862 - - -

~77~

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 June 30,2024	Level3
			- $ - - - - 1,574 - 372,226 - - -

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

Six months ended June 30, 2025

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	Valuation amount	Increased	Increased	Decreased	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
	1,734 $ 412,862					- $ -	- $ -	1,730 $ 427,043
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
	10,004 $ 307,448					- $ -	- $ -	1,734 $ 412,862
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	- $ -	- $ -	- $ -	- $ -	1,574 $ 372,226

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(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:

June30,2025	Fairvalue	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 31,2024 Unlisted stocks	1,730 $ Fairvalue 427,043	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 19.98~22.72 3.61~4.01 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	1,734 $ 412,862	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 22.30~23.84 2.67~3.25 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

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==> picture [468 x 33] intentionally omitted <==

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

Valuation Significant Range (weighted Relationship of
June 30, 2024 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	$	1,574	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	25.33~25.42	The higher the multiplier, the
Unlisted stocks		372,226	Market approach	Price to book ratio multiplier	2.30	higher the fair value
						The higher the
				Discount for lack of marketability	25%	discount for lack of marketability, the
						lower the fair value

(E) Valuation process for fair value at Level 3
The parent 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.
(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	Recognised inprofit or loss	Recognised inprofit or loss	Recognised in other comprehensive income	Recognised in other comprehensive income
June 30,2025	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 -	- $ 4,270	- $ 4,270) (

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Item December 31,2024 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 Item 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	Recognised in profit or loss	Recognised in profit or loss	Favourable change Unfavourable change - $ - $ 4,129 4,129) ( Recognised in other comprehensive income Recognised in other comprehensive income
	Favourable change Unfavourable change Not applicable Not applicable - - Favourable change Unfavourable change Not applicable Not applicable - - Recognised inprofit or loss	Unfavourable change
			Favourable change Unfavourable change - $ - $ 3,722 3,722) (

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.
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%.

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(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, 2025, December 31, 2024 and June 30, 2024, the capital adequacy ratios were 281%, 332%, and 287%, 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 SHEETS

JUNE 30, 2025 AND 2024

Trust assets Bank savings Structured notes Stock Bond Bonds sold under repurchase agreements Fund Accounts receivable Total of trust assets Trust liabilities and equity Accounts payable Trust capital Net income Accumulated deficit ( Total of trust liabilities and equity	June 30,2025 648,294 $ 3,961,572 1,472,115 1,345,852 25,836 10,724,272 129,648 18,307,589 $ June 30,2025 40,126 $ 16,912,044 1,453,644 98,225) ( 18,307,589 $	June 30,2024 639,154 $ 2,893,675 1,850,496 1,537,058 39,638 9,767,729 116,289 16,844,039 $ June 30, 2024 25,032 $ 14,321,989 2,822,471 325,453) 16,844,039 $

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B. Income statement of trust accounts

STATEMENTS OF INCOME

SIX MONTHS ENDED JUNE 30, 2025 AND 2024

Item
Six months ended
June 30,2025
Trust income
Interest income
97,445
$ Cash dividends received
1,317

Investment realized gains - bond
675

Investment realized gains - stock
1,900

Investment realized gains - fund
229,233

Investment realized gains - structured notes
30,524

Investment unrealized gains - bond
17,208

Investment unrealized gains - stock
466,262

Investment unrealized gains - fund
1,181,983

Investment unrealized gains - structured notes
67,997
Other revenue
7
Subtotal
2,094,551
Trust expenses
Management fee
833)
(
Service fee
3,559)
(
Investment realized loss - bond
8,883)
(
Investment realized loss - stock
3,393)
(
Investment realized loss - fund
87,908)
(
Investment realized loss - structured notes
926)
(
Investment unrealized loss - bond
94,349)
(
Investment unrealized loss - stock
66,646)
(
Investment unrealized loss - fund
327,604)
(
Investment unrealized loss - structured notes
46,159)
(
Income before income tax
1,454,291
Income tax expense
647)
(
Net income
1,453,644
$

Six months ended
June 30,2024

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
$

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C. Property list of trust accounts

PROPERTY LIST OF TRUST ACCOUNTS

JUNE 30, 2025 AND 2024

==> picture [454 x 137] intentionally omitted <==

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Item June 30, 2025 June 30, 2024
Bank savings $ 648,294 $ 639,154
Structured notes 3,961,572 2,893,675
Fund 10,724,272 9,767,729
Bond 1,345,852 1,537,058
Bonds sold under repurchase agreements 25,836 39,638
Stock 1,472,115 1,850,496
Others 129,648 116,289
Total $ 18,307,589 $ 16,844,039
----- 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)

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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, 2025 Original i	Balance on December 31,2024 nvestment	EndingBalance	EndingBalance		Revenue of investee company	Net income (loss) of investee company	Investment income (loss) recognised by the Company	Cash dividends	Notes
								Shares 73,899,647 30,000,000 192,600,000 14,904,630 1,000,000 30,000,000 12,000	Percentage 95.82% 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 Insurance Agency Corp.	President Futures Corp. President Capital Management Corp. President Securities (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 Taipei Taipei Taipei Taipei	1994.03.01 1997.04.15 1994.07.26 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 2000.07.19 (89) Tai-Cai-Zheng (2) Letter No.56407 (Note 2) 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 3) Investment Trust Insurance Agent Consultation of investment management and venture capital; other unprohibited or unrestricted businesses beyond the permit Investment Trust	$ 1,098,356 (Note 4) 326,000 848,735 667,622 10,000 300,000 478	644,650 $ 326,000 848,735 667,622 10,000 300,000 478			3,510,683 $ 286,428 789,769 797,419 92,684 247,968 647	354,084 $ 42,750 42 1,271,479 155,037 372) ( 1,271,479	253,313 $ 6,608) ( 8,891 466,994 68,949 4,049) ( 466,994	243,417 $ 6,558) ( 8,891 198,300 68,961 4,046) ( 160	279,538 $ - - 374,553 65,740 - 302	Subsidiary of the Company Subsidiary of the Company Subsidiary of the Company Associate Subsidiary of the Company Subsidiary of the Company Associate

Note 1 ： As FSC was established in July, 2004, President Futures Corp. was approved by the Investment Commission, Ministry of Economic Affairs.

Note 2 ： 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. Note 3 ： The subsidiary, President Securities (HK) Ltd., was approved by the Board of Directors in March 2022 to deal with the dissolution and liquidation matters. However, the liquidation process is still ongoing. The deregistration of securities trading-related licenses has been completed on March 27, 2024, and securities-related business activities have ceased.

Note 4：Subsidiary President Futures has completed a cash capital increase on March 25, 2025. The Company participated in the subscription in the amount of $453,706 based on its shareholding ratio. The Company's original investment amount increased from $644,650 to $1,098,356, and the shareholding ratio decreased from 96.69% to 95.82%.

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.

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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. 11303479011, 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)

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b) Balance sheets

PRESIDENT SECURITIES (HK) LTD. BALANCE SHEETS JUNE 30, 2025 AND 2024

	BALANCE SHEETS JUNE 30, 2025 AND 2024	BALANCE SHEETS JUNE 30, 2025 AND 2024
Assets	June 30,2025		June 30,2024 Expressed in HK dollars
	Amount	%	Amount	%
Current assets Cash and cash equivalents Other receivables Prepayments Total current assets Non-current assets Right-of-use assets Other assets - non-current Total non-current assets Total assets Liabilitiesand shareholders’equity	210,457,351 $ 1,205,641 32,308 211,695,300 141,068 31,600 172,668 211,867,968 $ 88,250 $ 158,695 246,945 192,600,000 16,844,026 2,176,997 211,621,023 211,867,968 $	99 1 - 100 - - - 100 - - - 91 8 1 100 100	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
Current liabilities Other payables Current lease liabilities Total liabilities Shareholders’ equity Share capital Retained earnings Unappropriated earnings Total shareholders’ equity Total liabilities and shareholders’ equity

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c) Statements of comprehensive income

PRESIDENT SECURITIES (HK) LTD. STATEMENTS OF COMPREHENSIVE INCOME SIX MONTHS ENDED JUNE 30, 2025 AND 2024

Accounts Revenue Interest income Other operating income Total revenue Expenditures and expenses Finance costs 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 June30,2025	Six months ended June30,2025		Expressed in HK dollars Six months ended June30,2024
	Amount - $ 10,231 10,231 4,183) ( 508,606) ( 512,789) ( 2,679,554 2,176,996 - 2,176,996 $		% - - - - 23) ( 23) ( 123 100 - 100	Amount % 253 $ - 48,542 20 48,795 20 6,483) ( 3) ( 4,044,787) ( 1,657) ( 4,051,270) ( 1,660) ( 4,246,486 1,740 244,011 100 - - 244,011 $ 100

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

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3) Information of overseas branches and representative office: None

4) Disclosure of investment in Mainland China

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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, 2025 remittance from Ownership (loss) recognized by income
to Mainland Taiwan to held by the the Company for the Book value of remitted back
Investee in Paid-in Investment China as of Remitted to Mainland China Net income (loss) of Company six months ended June investments in to Taiwan as
Mainland Main business capital method January 1, Mainland Remitted back to as of June 30, investee as of June (direct or 30, 2025 Mainland China as of June 30,
China activities (Note 4) (Note 1) 2025 China Taiwan 2025 30, 2025 indirect) (Note 2) of June 30, 2025 2025
Jin Yuan Securities $6,136,500 Directly $ 3,138,169 $ - $ - $ 3,138,169 ($ 92,754) 49% ($ 45,449) $ 2,370,754 $ -
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, 2025 Economic Affairs (MOEA) MOEA
Jin Yuan President Securities Co.,Ltd. $ 3,138,169 $ 3,138,169 $ 20,554,924
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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, 2025’ column:

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(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

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

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PRESIDENT SECURITIES CORPORATION

STATEMENT OF CASH AND CASH EQUIVALENTS

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Item	Description	Amount
Petty cash Checking deposits Deposits denominated in NTD Current deposits Deposits denominated in NTD Deposits denominated in foreign currencies Time deposits Deposits denominated in NTD Total	USD 39,976 thousands, exchange rate: 29.300 EUR 2,913 thousands, exchange rate: 34.350 AUD 3,358 thousands, exchange rate: 19.140 RMB 1,246 thousands, exchange rate: 4.091 HKD 4,011 thousands, exchange rate: 3.732 JPY 362,393 thousands, exchange rate: 0.203 GBP 9 thousands, exchange rate: 40.160 NZD 11 thousands, exchange rate: 17.780 ZAR 799 thousands, exchange rate: 1.648 Maturity Date: July 11, 2025 to April 27, 2026 interest rates: 0.680%~1.720%	$ 1,500 650,094 1,307,338 1,431,281 1,773,600
		$ 5,163,813

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PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument 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 Taiwan Semiconductor Manufacturing Co., Ltd. GOLD CIRCUIT ELECTRONICS LTD QUANTA COMPUTER INC. ELITE MATERIAL CO., LTD. Asia Vital Components Co., Ltd. Alchip Technologies, Limited Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal OTC stocks Others (the balance of each security does not exceed $100,000, collectively presented) Emerging stocks Others (the balance of each security does not exceed $100,000, collectively presented) Exchange traded fund Yuanta/P-shares Taiwan Top 50 ETF Cathay MSCI Taiwan ESG Sustainability High Dividend Yield ETF CAPITAL TIP CUSTOMIZED TAIWAN SELECT HIGH DIVIDEND EXCHANGE TRADED FUND CAPITAL ICE ESG 20+ YEAR BBB US CORPORATE EXCHANGE TRADED FUND UPAMC Taiwan Growth Active ETF	Description	Units, shares or certificates 3,539,155 819,002 386,969 420,532 200,875 247,823 40,002 19,322,718 2,241,561 6,235,016 5,700,000 6,300,000 4,802,000 11,272,500 13,400,000	Par value (dollar) $ 10 10 10 10 10 10	Total amount	Interest rate(%) (	Cost $ 48,451 1,876 ) $ 46,575 $ 796,158 104,141 116,300 164,896 166,602 117,817 1,633,259 3,099,173 427,320 183,384 276,680 131,754 102,688 157,477 141,541	Unit price (dollars) $ 1,060.00 295.00 274.50 882.00 743.00 3,095.00 48.36 20.90 21.46 13.83 10.95	Total amount $ 46,575 $ 868,142 114,156 115,436 177,172 184,132 123,806 1,646,507 3,229,351 439,459 171,484 275,652 131,670 103,051 155,899 146,730	Changes in the fair value attributable to changes in credit risk $ - $ - - - - - - - - - - - - - - -	Remark

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PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument 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 A14105 A14106 A14107 Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal Ordinary corporate bonds P25KHFC1 P25FAB2 P23KEC2 P24KOBC1 P25ADCBU1 P25ADCBU2 P25SNB1 P25ARB1 P24KHFC1 P23SHB1 B903YD B86910 B644D5 B903XD P24SHB1 P25APICO1 B9AV01 B718AQ B903ZS B903YP B903YS	Description	Units, shares or certificates 92,594,054 29,746	Par value (dollar)	Total amount	Interest rate(%) 1.750% 1.875% 1.500% 5.121% 5.285% 5.301% 5.208% 5.372% 5.321% 5.521% 4.865% 5.156% 5.407% 1.490% 1.490% 1.680% 0.600% 5.179% 5.123% 4.200% 1.940% 1.900% 1.900% 1.600%	Cost $1,579,678 2,389,818 2,052 100,167 100,713 150,549 49,604 401,033 380,900 322,300 293,000 293,000 293,000 293,000 293,000 293,000 263,700 249,326 200,000 200,000 199,878 196,072 146,500 146,500 100,000 100,286 100,196 100,000 100,000	Unit price (dollars)	Total amount $ 1,609,424 2,422,426 - 101,502 103,123 150,898 49,656 405,179 381,997 322,503 296,531 294,647 294,491 293,305 293,000 292,918 264,602 251,971 199,997 199,995 199,944 195,730 147,101 146,244 100,997 100,441 100,312 100,119 100,016	Changes in the fair value attributable to changes in credit risk $ - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Remark

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PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal Convertible corporate bonds 23372 30455 36535 61843 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) Overseas bonds SOBKC05. 332 07/09/35 MIZUHO FLOAT07/08/31 KOREA 2 7/8 07/03/32 POLAND3 1/8 07/07/32 HKINTL3 1/8 06/10/33 MAGYAR4. 375 06/27/30 SECO 5.225 02/18/30 HNDA 4. 688 07/08/30 SOBKC04. 699 07/09/30 UKT 4.25 07/31/34 SUMIBK5. 796 07/08/46 EBIUH 5. 913 06/18/35 SUMIFL5.236 05/01/30 CAABNK2 3/4 07/07/28 LANBNN3 1/2 06/24/30 SUMIBK FLOAT07/08/31 Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal	Description	Units, shares or certificates 95,161	Par value (dollar)	Total amount	Interest rate(%) 5.332% 5.634% 2.875% 3.125% 3.125% 4.375% 5.225% 4.688% 4.699% 4.250% 5.796% 5.913% 5.236% 2.750% 3.500% 5.604%	Cost $ 549,749 5,113,407 127,809 282,630 125,674 114,101 520,811 1,171,025 249,367 366,426 240,410 186,041 171,242 157,060 138,123 133,486 131,868 131,909 118,172 117,259 105,754 103,201 102,908 102,771 102,594 7,546,036 9,955,260	Unit price (dollars)	Total amount $ 547,133 5,123,994 126,600 284,729 124,817 116,531 500,012 1,152,689 259,528 366,250 241,163 186,423 171,187 156,980 139,200 134,259 131,994 131,850 118,928 117,200 106,573 104,646 103,060 102,890 102,550 7,611,516 10,026,669	Changes in the fair value attributable to changes in credit risk $ - - - - - - - - - - - - - - - - - - - - - - - - - - -	Remark

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PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument Hong Kong stocks 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) Depositary receipt Others (the balance of each security does not exceed $100,000, collectively presented) Foreign index funds Others (the balance of each security does not exceed $100,000, collectively presented) Total Valuation adjustment Total market price Trading securities-underwriter Stocks: TSE stocks Others (the balance of each security does not exceed $100,000, collectively presented) OTC stocks Others (the balance of each security does not exceed $100,000, collectively presented) Bonds: Convertible corporate bonds Others (the balance of each security does not exceed $100,000, collectively presented) Total Valuation adjustment Total market price	Description	Units, shares or certificates 279,900 98,500 443 109,760 1,002,104 308,000	Par value (dollar)	Total amount	Interest rate(%)	Cost $ 9,173 114,666 1,751 85,462 23,202,891 250,385 $23,453,276 $ 56,883 27,321 847,386 931,590 96,470 $1,028,060	Unit price (dollars)	Total amount $ 9,010 124,719 2,099 86,669 $23,453,276 $ 95,972 38,347 893,741 $ 1,028,060	Changes in the fair value attributable to changes in credit risk $ - - - - $ - $ - - - $ -	Remark

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PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument Trading securities-hedging Stocks: TSE stocks HON HAI PRECISION IND. CO., LTD. Taiwan Semiconductor Manufacturing Co., Ltd. MediaTek Inc. Shin Kong Financial Holding Co., Ltd. WT MICROELECTRONICS CO., LTD. Alchip Technologies, Limited CHENG MEI MATERIALS TECHNOLOGY CORPORATION 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. FOCI Fiber Optic Communications, Inc. Wiselink Co., Ltd. Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal 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 11011 140202 14364 20344 21043 22013 23836	Description	Units, shares or certificates 1,359,459 245,400 119,805 45,597,000 2,118,367 32,967 10,350,000 25,398,012 1,629,448 3,171,131 742,000 6,642,682 10,170,787 57,770,000 487,000	Par value (dollar) $ 10 10 10 10 10 10 10 10 10 10 10	Total amount	Interest rate(%)	Cost $ 211,130 243,978 152,280 525,945 278,559 91,816 142,194 1,940,843 3,586,745 189,706 285,824 160,066 404,428 1,073,718 2,113,742 44,807 16,372 172,720 180,193 148,628 130,831 212,562 615,488 82,010	Unit price (dollars) $ 161.00 1,060.00 1,250.00 11.30 128.50 3,095.00 13.55 124.00 77.20 273.50 130.00	Total amount $ 218,873 260,124 149,756 515,246 272,210 102,033 140,243 1,838,199 3,496,684 202,052 244,811 202,937 863,549 1,047,996 2,561,345 57,213 17,634 169,814 173,599 140,554 131,093 200,111 554,212 103,363	Changes in the fair value attributable to changes in credit risk $ - - - - - - - - - - - - - - - - - - - - - - - -	Remark

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PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument 24394 25483 33245 36534 36913 37022 37023 44382 49165 50097 53887 54573 61965 62695 62822 64145 811210 81551 82992 84781 99392 99412 99587 99588 Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal Corporate bonds B99607 B99509 B99507 B99504 B99207 Others (the balance of each security does not exceed $100,000, collectively presented) Subtotal	Description	Units, shares or certificates	Par value (dollar)	Total amount	Interest rate(%) 3.70% 3.70% 3.70% 3.85% 3.80%	Cost $ 141,357 172,030 236,565 156,830 154,897 144,992 108,418 178,120 123,085 360,282 206,413 275,273 97,052 115,009 217,005 233,893 156,858 132,407 374,592 163,320 216,445 392,947 174,891 102,361 6,627,833 12,805,307 2,000,000 1,260,000 1,000,000 510,013 150,000 90,000 5,010,013	Unit price (dollars)	Total amount $ 134,820 168,722 245,245 161,823 142,448 141,925 107,350 171,677 117,030 334,400 195,416 234,302 114,887 103,586 193,525 239,540 136,668 136,141 364,099 130,916 225,922 367,750 187,315 114,929 6,317,038 12,260,220 2,017,875 1,274,912 1,005,948 510,048 151,752 90,728 5,051,263	Changes in the fair value attributable to changes in credit risk $ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Remark

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PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument Overseas securities: US stocks 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) Depositary receipt 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) 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 128,541 224 266 131,700 24,345	Par value (dollar)	Total amount	Interest rate(%) (	Cost $ 190,737 2,179 1,154 43,691 48,785 23,863,532 113,553 ) $23,749,979 $48,277,890	Unit price (dollars)	Total amount $ 194,759 2,396 1,261 56,415 50,789 $23,749,979 $48,277,890	Changes in the fair value attributable to changes in credit risk $ - - - - - $ - $ -	Remark

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PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME - CURRENT JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument Stocks: TSE stocks Taiwan Semiconductor Manufacturing Co., Ltd. UNI-PRESIDENT ENTERPRISES CORP. Cheng Shin Rubber Ind., Co., Ltd. HON HAI PRECISION IND. CO., LTD. ASUSTEK COMPUTER INC. QUANTA COMPUTER INC. CHICONY ELECTRONICS CO., LTD. MediaTek Inc. CATHAY FINANCIAL HOLDING CO., LTD. CTBC FINANCIAL HOLDING CO., LTD. Total Valuation adjustment Total market price Overseas bonds: T 4.875 10/31/28 T 4.5 11/15/33 Total Valuation adjustment Total market price Total	Description	Shares or certificates 667,000 1,266,000 2,278,000 676,000 205,000 418,000 721,000 66,000 1,902,000 4,489,000	Par value $ 10 10 10 10 10 10 10 10 10 10	Total amount	Interest rate (%) 4.875% 4.500%	Cost $ 189,812 99,940 111,441 79,900 109,610 79,992 110,549 80,035 109,851 154,974 1,126,104 617,012 1,743,116 4,486,735 2,368,189 6,854,924 106,126 6,961,050 $ 8,704,166	Accumulated impairment	Fair value	Fair value
								Unit price (dollars) $ 1,060.00 81.00 37.80 161.00 644.00 274.50 130.00 1,250.00 62.80 43.70	Total amount
									$ 707,020 102,546 86,108 108,836 132,020 114,741 93,730 82,500 119,446 196,169
									1,743,116
									4,552,773 2,408,277
									6,961,050
									$ 8,704,166

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PRESIDENT SECURITIES CORPORATION STATEMENT OF DERIVATIVES INSTRUMENTS

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of derivatives instruments Derivatives assets Derivative financial instrument assets - OTC IRS asset swaps Options bought Currency derivative instruments Subtotal 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 IRS asset swaps 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 $ 10,414 172,015 28,159 210,588 2,381 5,587,927 110,975 210,998 129,236 6,041,517 $ 6,252,105 $ 2,866,907 8,330 2,074,161 102,146 5,051,544 851,945 2,117 326,175 $ 6,231,781	Remark
			Note 1 Note 1 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 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”.

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PRESIDENT SECURITIES CORPORATION STATEMENT OF MARGIN LOANS RECEIVABLE

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of securities MediaTek Inc. Taiwan Semiconductor Manufacturing Co., Ltd. Alchip Technologies, Limited HON HAI PRECISION IND. CO., LTD. Wistron Corporation HWANG CHANG GENERAL CONTRACTOR CO.,LTD Realtek Semiconductor Corporation First Hi-tec Enterprise Co.,Ltd. Accton Technology Corp. FULLTECH FIBER GLASS CORP. Others Less: Allowance for uncollectible accounts Total	Shares Amount 1,196,000 $ 811,184 1,467,000 649,912 213,000 333,345 2,268,000 223,508 3,266,000 219,373 3,840,000 200,694 750,000 195,874 2,651,000 194,283 474,000 192,584 12,663,000 188,943 374,410,000 12,649,990 ( 9,453 ) $ 15,850,237	Remark

~102~

PRESIDENT SECURITIES CORPORATION STATEMENT OF ACCOUNTS RECEIVABLE

JUNE 30, 2025

(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 Settlement price receivable-unrestricted purposes Others Settlement price receivable-sub-brokerage 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 $ 2,434 1,383 $ 3,817 $ 17,425,888 1,186,243 14,293 1,200,536 3,935,908 686,414 4,622,322 487,254 201,142 289,058 6,032,603 796,652 206,112 338,821 594 ) $ 31,599,794	Remark

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

~103~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF OTHER CURRENT ASSETS

JUNE 30, 2025

(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 $ 365,334 500,000 5,977 15 2,854,993 35,293 $ 3,761,612	Remark

~104~

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, 2025

(Expressed in thousands of New Taiwan dollars)

Beginning balance	Beginning balance	Increased	Increased	Decreased Shares or certificates Amount ( $ 4 ) - ($ 4 )	Ending balance	Ending balance	Collateral
Shares or certificates	Fair value	Shares or certificates	Amount	Shares or certificates ( (	Shares or certificates	Fair value
43,478	$ 1,734 49,437		$ - 319		43,478	$ 1,730 49,756	No Yes (Note)
	$ 51,171		$ 319			$ 51,486

Note: Applying for guarantee for trust fund.

~105~

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, 2025

(Expressed in thousands of New Taiwan dollars)

Beginningbalance	Beginningbalance	Increased	Increased	Decreased Shares or certificates Amount - $ - - - $ -	Endingbalance	Endingbalance	Collateral
Shares or certificates	Fair value	Shares or certificates - -	Amount	Shares or certificates - -	Shares or certificates	Fair value
1,895,208 1,244,082	$ 276,511 136,351		$ 8,396 5,785		1,895,208 1,244,082	$ 284,907 142,136	No No
	$ 412,862		$ 14,181			$ 427,043

~106~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF CHANGES IN INVESTMENTS ACCOUNTED FOR UNDER THE EQUITY METHOD FOR THE SIX MONTHS ENDED JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Beginningbalance Shares Amount 63,817,303 $ 3,053,127 30,000,000 292,986 192,600,000 884,272 14,904,630 969,373 30,000,000 252,014 1,000,000 89,460 - 2,641,462 $ 8,182,694	Increased Shares Amount (Note 1) 10,082,344 $`739,392` - - - `8,891` -`202,599` - - - `68,964` - - $ 1,019,846	Endingbalance Shares Sharehold -ingratio Amount 73,899,647 95.82% $ 3,510,683 30,000,000 100.00% 286,428 192,600,000 100.00% 789,769 14,904,630 42.46% 797,419 30,000,000 100.00% 247,968 1,000,000 100.00% 92,684 - 49.00% 2,370,754 $ 8,095,705	Endingbalance Shares Sharehold -ingratio Amount 73,899,647 95.82% $ 3,510,683 30,000,000 100.00% 286,428 192,600,000 100.00% 789,769 14,904,630 42.46% 797,419 30,000,000 100.00% 247,968 1,000,000 100.00% 92,684 - 49.00% 2,370,754 $ 8,095,705	Market value or net equityvalue	Market value or net equityvalue	Collateral
Shares 63,817,303 30,000,000 192,600,000 14,904,630 30,000,000 1,000,000 -	Shares 10,082,344 - - - - - -	Shares 73,899,647 30,000,000 192,600,000 14,904,630 30,000,000 1,000,000 -	Sharehold -ingratio 95.82% 100.00% 100.00% 42.46% 100.00% 100.00% 49.00%	Unit price (dollars) $ 47.51 9.55 4.10 41.47 8.27 92.68 -	Total amount
					$ 3,510,683 286,428 789,769 618,047 247,968 92,684 2,370,754	No No No No No No No
					$ 7,916,333

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.

~107~

PRESIDENT SECURITIES CORPORATION STATEMENT OF CHANGES IN PROPERTY, PLANT AND EQUIPMENT FOR THE SIX MONTHS ENDED JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Item Land Buildings Equipment Leasehold improvements Total	Beginning balance $ 1,631,492 1,091,412 498,904 28,898 $ 3,250,706	Increased $ - 13,278 38,993 13,010 $ 65,281	Decreased $ - - ( 19,241) ( 253) ( $ 19,494)	Ending balance $ 1,631,492 1,104,690 518,656 41,655 $ 3,296,493	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 $117,862.

~108~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF CHANGES IN ACCUMULATED DEPRECIATION OF PROPERTY, PLANT AND EQUIPMENT FOR THE SIX MONTHS ENDED JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Item Buildings Equipment Leasehold improvements Total	Beginningbalance ( $ 543,373) ( 239,561) ( 5,464) ( $ 788,398)	Increased ( $ 20,845) ( 61,316) ( 3,154) ( $ 85,315)	Decreased $ - 19,241 253 $ 19,494	Endingbalance ( $ 564,218) ( 281,636) ( 8,365) ( $ 854,219)	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.

~109~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF CHANGES IN RIGHT-OF-USE ASSETS FOR THE SIX MONTHS ENDED JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Item Buildings Transportation equipment (Business vehicles) Office equipment (Photocopiers) Total	Beginning balance $ 318,686 22,318 11,409 $ 352,413	Increased $ 57,739 1,433 - $ 59,172	Decreased ( $ 35,971) - ( 134) ( $ 36,105)	Ending balance $ 340,454 23,751 11,275 $ 375,480	Remark

~110~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF CHANGES IN ACCUMULATED DEPRECIATION OF RIGHT-OF-USE ASSETS FOR THE SIX MONTHS ENDED JUNE 30, 2025

FOR THE SIX MONTHS ENDED JUNE 30, 2025
(Expressed in thousands of New Taiwan dollars) Item Beginning balance Increased Decreased Accumulated depreciation - Buildings ( $ 122,947) ( $ 37,394) $ 35,971 Accumulated depreciation - Transportation equipment (Business vehicles) ( 6,953) ( 2,306) - Accumulated depreciation - Office equipment (Photocopiers) ( 9,736) ( 1,158) 134 Total ( $ 139,636) ( $ 40,858) $ 36,105	Ending balance
	( $ 124,370) ( 9,259) ( 10,760)
	( $ 144,389)

~111~

PRESIDENT SECURITIES CORPORATION STATEMENT OF LEASE LIABILITIES

JUNE 30, 2025

(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 2020/09-2035/02 2021/01-2030/12 2019/08-2027/07 2020/09-2035/02 2021/01-2030/12 2019/08-2027/07	Discount rate 0.571%~2.0525% 0.571%~1.8781% 0.571%~0.8920% 0.571%~2.0525% 0.571%~1.8781% 0.571%~0.8920%	Endingbalance $ 65,975 4,457 455 70,887 143,795 10,196 245 154,236 $ 225,123	Remark

~112~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF SHORT-TERM LOANS

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Type of loan Unsecured loans Secured loans Total	Description	Endingbalance $ 2,497,880 110,000 $ 2,607,880	Contract term Due within one year Due within one year	Interest rate 1.875%~4.890% 1.880%	Loan Commitment $ 21,499,700 4,500,000 $ 25,999,700	Collateral Time deposits, real estate	Remark

~113~

PRESIDENT SECURITIES CORPORATION STATEMENT OF ACCOUNTS PAYABLE

JUNE 30, 2025

(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 $ 16,634,597 1,611,525 200,697 1,812,222 2,795,292 493,445 3,288,737 288,708 7,334,582 691,134 $ 30,049,980	Remark

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

~114~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date (Note)	Maturity Date	Interest rate	Type	Par value
A12101 A13110 A14103 A14103 A14105 A14106 B618D1 B644D5 B644D5 B644DB B718A4 B718AQ B86910 B903XD B903YD B903YD B903YE B903YH B903YP B903YS B903ZG B903ZS B99207 B99604 B99607 B99607 B99607 B99607 B99607 B99607 B99607 B99607	20250620 20250617 20250606 20250617 20250606 20250606 20250620 20250605 20250609 20250627 20250613 20250612 20250616 20250606 20250611 20250612 20250619 20250624 20250625 20250612 20250618 20250623 20250619 20250619 20250509 20250602 20250617 20250613 20250617 20250618 20250521 20250522	20250725 20250721 20250708 20250721 20250708 20250708 20250729 20250704 20250714 20250730 20250718 20250717 20250716 20250709 20250714 20250717 20250721 20250728 20250725 20250717 20250711 20250724 20250815 20250815 20250707 20250701 20250707 20250729 20250730 20250811 20250715 20250718	1.13% 1.12% 1.13% 1.12% 1.13% 1.13% 1.52% 1.52% 1.52% 1.52% 1.52% 1.52% 1.52% 1.52% 1.52% 1.52% 1.52% 1.52% 1.52% 1.52% 1.52% 1.52% 1.63% 1.63% 1.70% 1.62% 1.62% 1.62% 1.62% 1.63% 1.67% 1.66%	Central Government Bonds Central Government Bonds Central Government Bonds Central Government Bonds Central Government Bonds 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 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	$ 45,100 99,100 49,600 49,600 99,100 99,100 50,000 100,000 100,000 50,000 100,000 100,000 200,000 200,000 100,000 100,000 50,000 100,000 100,000 100,000 100,000 100,000 150,000 90,000 100,000 150,000 100,000 200,000 200,000 200,000 100,000 300,000	$ 50,045 110,000 55,048 55,095 110,097 110,000 50,647 100,804 100,818 50,668 101,415 101,039 200,000 200,451 100,807 100,000 50,679 100,845 100,220 100,000 101,140 100,239 150,217 90,130 70,000 150,201 100,000 200,315 200,225 200,348 100,000 300,336

~115~

PRESIDENT SECURITIES CORPORATION STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date (Note)	Maturity Date	Interest rate	Type	Par value
B99607 B9AV01 G13111 82992 64512 54573 62695 50097 50097 44382 82992 62696 33245 62695 62822 81551 99392 84781 82992 82992 37022 33245 33121 23682 37023 16095 22013 99412 21043 20344 54573 11011	20250616 20250619 20250605 20250624 20250618 20250611 20250606 20250618 20250609 20250612 20250613 20250619 20250619 20250613 20250613 20250604 20250623 20250604 20250617 20250617 20250627 20250624 20250616 20250603 20250606 20250606 20250603 20250620 20250625 20250623 20250623 20250626	20250715 20250711 20250710 20250701 20250702 20250703 20250703 20250707 20250709 20250710 20250710 20250710 20250710 20250710 20250710 20250711 20250711 20250711 20250714 20250714 20250714 20250715 20250715 20250718 20250718 20250718 20250718 20250722 20250722 20250723 20250723 20250723	1.63% 1.63% 1.52% 1.58% 1.58% 1.58% 1.58% 1.58% 1.59% 1.59% 1.58% 1.58% 1.58% 1.58% 1.58% 1.59% 1.59% 1.59% 1.59% 1.59% 1.59% 1.59% 1.58% 1.59% 1.59% 1.59% 1.59% 1.59% 1.59% 1.59% 1.59% 1.59%	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 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	$ 100,000 100,000 100,000 100,000 30,000 50,000 30,000 110,000 100,000 100,000 30,000 50,000 50,000 40,000 140,000 70,000 40,000 80,000 20,000 100,000 100,000 100,000 50,000 30,000 50,000 40,000 100,000 100,000 100,000 65,000 100,000 30,000	$ 100,127 100,110 100,938 100,000 30,035 50,000 30,000 110,638 100,137 100,202 30,000 50,045 50,243 40,000 140,000 70,052 40,093 80,060 20,000 100,000 100,053 100,000 50,079 30,000 50,000 40,000 100,000 100,123 100,073 65,047 100,073 30,050

~116~

PRESIDENT SECURITIES CORPORATION STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date (Note)	Maturity Date	Interest rate	Type	Par value
50097 53887 62235 24394 99587 22013 99412 22013 30061 64145 P23KEC2 P23KEC2 P25APICO1 P25FAB2 P25FAB2 P25FAB2 P24SHB1 P25ADCBU1 P25ADCBU2 P25ADCBU2 P24KOBC1 P24KOBC1 P25SNB1 P24KHFC1 P25KHFC1 P25KHFC1 P25KHFC1 P25ARB1 P25ARB1 P23SHB1 P23SHB1 P23SHB1	20250626 20250620 20250620 20250630 20250630 20250626 20250627 20250625 20250625 20250625 20241219 20250107 20250327 20250527 20250527 20250625 20250107 20250226 20250610 20250610 20241219 20241219 20250317 20250107 20250528 20250528 20250528 20250519 20250519 20250619 20250507 20250507	20250723 20250724 20250724 20250725 20250725 20250728 20250729 20250729 20250731 20250731 20251119 20260105 20260319 20260427 20260427 20260526 20260105 20260123 20260508 20260508 20251119 20251119 20260213 20260105 20260428 20260428 20260428 20260420 20260420 20250723 20250708 20250708	1.59% 1.59% 1.59% 1.59% 1.59% 1.59% 1.59% 1.59% 1.59% 1.59% 4.55% 4.60% 4.57% 4.55% 4.55% 4.55% 4.60% 4.53% 4.55% 4.55% 4.55% 4.55% 4.55% 4.60% 4.55% 4.55% 4.55% 4.55% 4.55% 4.65% 4.50% 4.50%	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) International Bonds (USD) International Bonds (USD) International Bonds (USD) International Bonds (USD) International Bonds (USD) International Bonds (USD) International Bonds (USD) International Bonds (USD) International Bonds (USD) International Bonds (USD) International Bonds (USD) International Bonds (USD) International Bonds (USD) International Bonds (USD)	$ 70,000 160,000 20,000 50,000 110,000 100,000 200,000 200,000 10,000 100,000 73,250 219,750 146,500 146,500 146,500 29,300 146,500 293,000 146,500 146,500 146,500 146,500 293,000 263,700 117,200 117,200 146,500 146,500 146,500 223,852 4,688 14,650	$ 70,116 160,000 20,000 50,000 110,000 100,366 200,410 200,000 10,000 100,000 66,881 203,372 131,536 139,175 139,175 28,044 138,561 267,430 133,315 133,315 133,182 133,182 266,630 242,127 106,759 106,759 133,448 130,980 130,980 216,910 4,846 15,004

~117~

PRESIDENT SECURITIES CORPORATION STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date (Note)	Maturity Date	Interest rate	Type	Par value
P23SHB1 CBAAU 4 3/4 01/09/30 EIBKOR 4.6 03/27/30 ANZ 4.65 02/18/30 ANZ 4.65 02/18/30 NBNAUS 5.35 03/06/35 sSHINCA 5.05 10/22/27 SHINCA 5.05 10/22/27 FCGNZ 5.236 05/19/32 INDKOR4. 826 02/27/30 INDKOR4. 826 02/27/30 CNHI 5.4 05/17/27 SYDAU 5 1/2 04/23/32 SYDAU 5 1/2 04/23/32 CGJAU 5.546 10/07/32 VW 5.55 06/14/28 UBS 5.57 11/24/26 EIBKOR 5.25 05/20/31 SYDAU 5 1/2 04/23/32 NBNAUS 5.35 03/06/35 ORIX 4.987 02/28/28 VW 5.55 06/14/28 ARTAUS5. 598 06/12/31 VW 5.55 06/14/28 VW 5.55 06/14/28 EIBKOR 5.25 05/20/31 ENBW 5.302 10/30/29 NAB 5.2 11/16/26 AIRSER 5.45 05/15/35 TQLAU 5.5 09/02/32 MQGAU6.1456 05/29/40 FCGNZ 5.236 05/19/32	20250610 20250310 20250415 20250415 20250415 20250521 20250521 20250521 20250521 20250521 20250521 20250521 20250521 20250521 20250521 20250521 20250521 20250521 20250521 20250521 20250521 20250521 20250521 20250521 20250521 20250521 20250521 20250521 20250523 20250603 20250604 20250604	20250910 20260210 20260316 20260316 20260316 20260421 20260421 20260421 20260421 20260421 20260421 20260421 20260421 20260421 20260421 20260421 20260421 20260421 20260421 20260421 20260421 20260421 20260421 20260421 20260421 20260421 20260421 20260421 20260423 20260504 20260504 20260504	4.50% 4.10% 4.13% 4.05% 4.05% 4.10% 4.15% 4.15% 4.13% 4.10% 4.13% 4.10% 4.15% 4.15% 4.10% 4.10% 4.10% 4.10% 4.15% 4.15% 4.10% 4.15% 4.15% 4.10% 4.15% 4.15% 4.15% 4.15% 4.15% 4.15% 4.20% 4.13%	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) Foreign Bonds (AUD) Foreign Bonds (AUD)	$ 5,860 9,570 19,140 19,140 19,140 19,140 38,280 45,936 38,280 12,441 19,140 19,140 9,570 4,785 19,140 9,570 19,140 9,570 4,785 13,398 38,280 9,570 19,140 9,570 9,570 9,570 19,140 19,140 38,280 19,140 19,140 28,710	$ 5,986 8,910 18,296 17,441 17,441 18,017 35,094 42,113 35,356 11,712 18,804 17,847 8,929 4,465 17,880 9,139 18,556 9,002 4,465 12,483 35,897 9,040 18,053 9,040 9,040 9,007 17,888 17,731 35,626 18,063 16,425 26,802

~118~

PRESIDENT SECURITIES CORPORATION STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date (Note)	Maturity Date	Interest rate	Type	Par value
NWG 4.8875 06/05/30 NWG FLOAT 06/05/30 BPCEGP6.561806/12/40 VW 5.108 06/13/29 VW 5.108 06/13/29 WSTP 5.815 06/04/40 VW 5.108 06/13/29 BACR 6.052 06/18/36 EBIUH 5.913 06/18/35 EBIUH 5.913 06/18/35 EBIUH 5.913 06/18/35 NWG 4.8875 06/05/30 BFCM FLOAT 01/06/31 DE 4.45 06/21/30 DE 4.45 06/21/30 EBIUH 5.913 06/18/35 PKOBP 3.875 09/12/27 LEASYS 4.5 07/26/26 PKOBP 3 3/8 06/16/28 LLOYDS3 1/4 03/24/30 AMSSM 3 3/8 03/25/30 SANTAN4.625 10/18/27 MS 4.099 05/22/36 MS 3.521 05/22/31 WOWAU 3 3/4 10/25/32 WOWAU 3 3/4 10/25/32 WOWAU 3 3/4 10/25/32 C 4.113 04/29/36 ARION 4.625 11/21/28 LSELN 4.125 09/29/26 LEASYS 4.5 07/26/26 HSBC 3.313 05/13/30	20250606 20250606 20250613 20250616 20250616 20250619 20250620 20250620 20250624 20250627 20250630 20250630 20250630 20250701 20250701 20250701 20241126 20250108 20250123 20250325 20250326 20250423 20250423 20250423 20250424 20250424 20250429 20250508 20250514 20250514 20250514 20250515	20260506 20260506 20260513 20260518 20260518 20260519 20260520 20260520 20260525 20260527 20260601 20260601 20260601 20260601 20260601 20260601 20251027 20251208 20251223 20260225 20260226 20260323 20260323 20260323 20260324 20260324 20260330 20260408 20260414 20260414 20260414 20260415	4.15% 4.15% 4.20% 4.14% 4.14% 4.20% 4.14% 4.14% 4.15% 4.05% 4.15% 4.15% 4.17% 4.14% 4.14% 4.14% 2.12% 2.10% 2.10% 2.15% 2.15% 2.10% 2.20% 2.17% 2.15% 2.15% 2.15% 2.12% 2.10% 2.00% 2.10% 2.10%	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 (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)	$ 19,140 38,280 19,140 28,710 28,710 19,140 28,710 19,140 47,850 9,570 19,140 19,140 19,140 38,280 23,925 19,140 34,350 34,350 34,350 34,350 17,175 34,350 17,175 34,350 34,350 24,045 10,305 24,045 34,350 34,350 34,350 34,350	$ 17,666 35,205 16,333 26,453 26,453 17,183 26,388 17,280 44,141 8,725 17,657 18,190 17,619 34,447 21,529 17,425 31,619 32,509 31,259 32,593 15,853 34,315 15,929 32,838 31,643 22,150 9,396 22,936 33,403 32,275 33,009 31,133

~119~

PRESIDENT SECURITIES CORPORATION STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date (Note)	Maturity Date	Interest rate	Type	Par value
HSBC 3.313 05/13/30 MCD 3 1/2 05/21/32 ACAFP 3.75 05/27/35 MAGYAR4.375 06/27/30 CESDRA 3.75 07/28/30 MAGYAR4.375 06/27/30 MAGYAR4.375 06/27/30 AMPRIO 3 12/05/29 RENUAL3.375 06/06/30 CMZB 3.125 06/06/30 NYLIFE3.625 06/08/35 MAGYAR4.375 06/27/30 VW 3 1/4 05/19/27 HKINTL3 1/8 06/10/33 MAGYAR4.375 06/27/30 MASSMU3 1/4 06/11/32 HKINTL3 1/8 06/10/33 TPEIR 3 12/03/28 WESAU 3.277 06/10/32 HKINTL3 1/8 06/10/33 NOMURA3.459 05/28/30 NOMURA3.459 05/28/30 BPOST 3.479 06/19/32 BPOST 3.479 06/19/32 HKINTL3 1/8 06/10/33 GOTVER 5 06/20/45 ALTRDA3.704 06/23/29 BCPPL 3 1/8 06/24/31 LANBNN3 1/2 06/24/30 SESGFP4 1/8 06/24/30 FERROV3 3/8 06/24/32 SESGFP4 7/8 06/24/33	20250515 20250522 20250528 20250529 20250529 20250602 20250603 20250606 20250609 20250609 20250610 20250610 20250611 20250612 20250612 20250612 20250613 20250616 20250618 20250619 20250620 20250620 20250620 20250620 20250623 20250623 20250624 20250625 20250625 20250625 20250625 20250625	20260415 20260422 20260428 20260429 20260429 20260504 20260504 20260506 20260511 20260511 20260511 20260511 20260511 20260512 20260512 20260512 20260513 20260518 20260518 20260519 20260520 20260520 20260520 20260520 20260525 20260525 20260525 20260525 20260525 20260525 20260525 20260525	2.10% 2.15% 2.15% 2.15% 2.15% 2.15% 2.15% 2.13% 2.13% 2.13% 2.13% 2.13% 2.17% 2.10% 2.15% 2.15% 2.13% 2.13% 2.15% 2.10% 2.12% 2.12% 2.15% 2.15% 2.10% 2.15% 2.17% 2.18% 2.17% 2.12% 2.15% 2.12%	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 (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)	$ 34,350 34,350 34,350 34,350 34,350 17,175 17,175 34,350 34,350 34,350 17,175 34,350 34,350 54,960 34,350 34,350 48,090 17,175 34,350 34,350 34,350 34,350 34,350 34,350 17,175 34,350 41,220 17,175 34,350 17,175 51,525 17,175	$ 31,133 31,487 31,382 31,672 31,713 15,515 15,868 31,290 30,977 31,102 15,661 31,509 31,950 50,664 31,509 31,483 44,331 15,629 31,914 26,498 32,145 32,145 31,576 31,576 15,879 29,285 37,978 15,754 31,539 15,848 46,304 15,174

~120~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date (Note)	Maturity Date	Interest rate	Type	Par value
KSA 3 3/8 03/05/32 LANBNN3 1/2 06/24/30 0 3 3/8 06/20/31 LANBNN3 1/2 06/24/30 HYNMTR3 1/2 06/26/31 HYNMTR2 7/8 06/26/28 HNDA 3 1/2 06/27/31 HYNMTR3 1/2 06/26/31 UCAJLN3 1/2 06/30/31 FERROV3 3/8 06/24/32 MITHCC5.105 02/27/28 UKT 4.25 07/31/34 UKT 4.25 07/31/34 UKT 4.25 07/31/34 UKT 4.25 07/31/34 JGB 2.2 06/20/54 HSBC 3.4 05/28/33 AIA 3.58 06/11/35 KSA 5.25 06/04/30 KSA 5.25 06/04/30 SANTAN5.365 07/15/28 STANLN5.688 05/14/28 KOROIL FLOAT09/30/27 INDKOR FLOAT09/30/27 SANUSA6.124 05/31/27 KOLAHO 5.75 10/06/25 BACR 7.385 11/02/28 T 4.875 10/31/28 KOLAHO 5.75 10/06/25 SANUSA6.124 05/31/27 KOROIL FLOAT09/30/27 T 4.875 10/31/28	20250626 20250626 20250626 20250627 20250630 20250630 20250630 20250701 20250701 20250701 20250310 20250519 20250519 20250606 20250606 20250613 20250529 20250612 20240820 20240826 20240927 20240927 20241001 20241002 20241007 20241107 20241107 20241114 20241114 20241118 20241206 20241220	20260526 20260526 20260526 20260527 20260601 20260601 20260601 20260601 20260601 20260601 20260210 20260420 20260420 20260506 20260506 20260513 20260429 20260512 20250721 20250728 20250827 20250827 20250901 20250902 20250908 20251002 20251007 20251014 20251002 20251020 20251106 20251120	2.17% 2.17% 2.15% 2.17% 2.15% 2.15% 2.12% 2.15% 2.18% 2.18% 4.45% 4.30% 4.30% 4.30% 4.30% 0.50% 2.50% 2.50% 4.50% 4.52% 4.60% 4.60% 4.60% 4.55% 4.60% 4.55% 4.60% 4.50% 4.55% 4.60% 4.55% 4.48%	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 (GBP) Foreign Bonds (GBP) Foreign Bonds (GBP) Foreign Bonds (JPY) Foreign Bonds (SGD) Foreign Bonds (SGD) 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)	$ 34,350 51,525 34,350 17,175 34,350 34,350 34,350 51,525 17,175 34,350 40,160 20,080 20,080 40,160 40,160 20,340 23,000 11,500 14,650 14,650 29,300 14,650 58,600 58,600 14,650 14,650 29,300 146,500 14,650 43,950 29,300 293,000	$ 31,787 47,353 30,851 15,428 31,259 32,740 31,570 46,924 15,738 31,558 37,067 19,317 19,317 38,886 38,886 17,519 21,202 10,505 13,984 14,044 27,650 14,013 53,433 53,932 13,878 13,614 28,316 145,415 13,617 41,961 27,360 293,917

~121~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date (Note)	Maturity Date	Interest rate	Type	Par value
T 4.875 10/31/28 BFCM 5.194 02/16/28 SUMITR FLOAT09/10/27 SUMI 5.05 07/03/29 HSBC 5.13 11/19/28 NORBK 5.094 10/16/29 KSA 5.125 01/13/28 BFCM 5.538 01/22/30 RESONA4.983 01/22/28 STANLN FLOAT02/08/28 MITHCC5.302 01/23/28 KSA 5.125 01/13/28 AMMMK 5.252 01/23/30 SECO 5.225 02/18/30 KANSEL5.037 02/26/30 SECO 5.225 02/18/30 C FLOAT 08/06/26 STANLN5.688 05/14/28 KUB 5.33 05/29/27 KOCRGF5.357 05/29/27 MITHCC5.302 01/23/28 KANSEL5.037 02/26/30 BMW FLOAT 03/19/27 NWG 5.022 03/21/30 BMW FLOAT 03/21/28 EIBUH 5.509 03/25/30 PETMK 4.95 01/03/31 PETMK 4.95 01/03/31 HYNMTR FLOAT03/25/27 T 4.875 10/31/28 T 4.875 10/31/28 T 4.875 10/31/28	20241220 20241220 20241220 20241220 20241223 20241224 20250114 20250123 20250205 20250206 20250206 20250207 20250218 20250225 20250306 20250311 20250312 20250312 20250312 20250312 20250314 20250317 20250324 20250324 20250328 20250409 20250409 20250410 20250410 20250416 20250416 20250416	20251120 20251120 20251120 20251120 20251124 20251124 20251215 20251223 20260105 20260106 20260106 20260107 20260119 20260126 20260206 20260211 20260212 20260212 20260212 20260212 20260216 20260217 20260224 20260224 20260302 20260309 20260309 20260310 20260310 20260316 20260316 20260316	4.48% 4.54% 4.54% 4.54% 4.55% 4.55% 4.55% 4.58% 4.55% 4.55% 4.55% 4.55% 4.57% 4.53% 4.55% 4.55% 4.56% 4.55% 4.55% 4.55% 4.55% 4.55% 4.55% 4.55% 4.55% 4.56% 4.55% 4.55% 4.50% 4.50% 4.49% 4.49%	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) Foreign Bonds (USD) Foreign Bonds (USD)	$ 293,000 29,300 58,600 14,650 29,300 29,300 58,600 29,300 29,300 29,300 8,790 29,300 29,300 21,975 14,650 21,975 29,300 73,250 29,300 43,950 41,020 14,650 14,650 29,300 14,650 29,300 43,950 14,650 29,300 293,000 293,000 293,000	$ 293,917 27,638 53,304 13,487 26,286 26,987 55,018 28,113 27,059 27,372 7,986 27,276 26,823 20,035 13,683 20,443 28,674 69,057 27,758 41,810 38,473 13,699 14,229 26,690 13,940 26,571 40,292 13,287 27,495 294,857 302,112 301,325

~122~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date (Note)	Maturity Date	Interest rate	Type	Par value
T 4.875 10/31/28 T 4.875 10/31/28 T 4.875 10/31/28 KOROIL FLOAT03/31/28 MS 4.994 04/12/29 T 4.5 11/15/33 SECO 5.225 02/18/30 MS 5.192 04/17/31 MEX 6.875 05/13/37 T 4.5 11/15/33 T 4.5 11/15/33 MEX 6.875 05/13/37 MS 5.664 04/17/36 MUFG 5.159 04/24/31 JPM 5.572 04/22/36 AXP 5.016 04/25/31 T 4.5 11/15/33 SRCSUK 5 02/27/28 JPM 5.103 04/22/31 AXP 5.667 04/25/36 KSA 5.25 06/04/27 KTGC 5 05/02/28 KOBCOP4.625 05/09/30 BNP FLOAT 05/09/29 SUMIFL5.236 05/01/30 KTGC 5 05/02/28 SUMIFL5.236 05/01/30 BNP FLOAT 05/09/29 SRCSUK 5 02/27/28 T 4.5 11/15/33 T 4.5 11/15/33 TOYOTA FLOAT05/14/27	20250417 20250417 20250417 20250417 20250422 20250423 20250423 20250423 20250423 20250424 20250425 20250428 20250429 20250429 20250429 20250429 20250430 20250506 20250507 20250508 20250508 20250509 20250512 20250512 20250514 20250514 20250515 20250515 20250515 20250519 20250520 20250519	20260317 20260317 20260317 20260317 20260323 20260323 20260323 20260323 20260323 20260324 20260325 20260330 20260330 20260330 20260330 20260330 20260330 20260406 20260407 20260408 20260408 20260409 20260413 20260413 20260414 20260414 20260415 20260415 20260415 20260420 20260420 20260420	4.50% 4.49% 4.48% 4.55% 4.55% 4.46% 4.55% 4.55% 4.55% 4.46% 4.49% 4.45% 4.55% 4.55% 4.55% 4.55% 4.45% 4.55% 4.55% 4.57% 4.60% 4.55% 4.55% 4.55% 4.55% 4.55% 4.55% 4.50% 4.55% 4.45% 4.45% 4.55%	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) Foreign Bonds (USD) Foreign Bonds (USD)	$ 293,000 293,000 293,000 14,650 14,650 146,500 14,650 7,325 14,650 175,800 117,200 14,650 14,650 20,510 29,300 14,650 293,000 29,300 14,650 14,650 29,300 29,300 29,300 29,300 49,810 52,740 5,860 29,300 29,300 293,000 293,000 14,650	$ 301,454 302,531 305,629 13,749 13,545 148,451 13,346 6,767 13,296 172,755 118,807 13,538 13,663 19,557 27,266 13,618 300,147 27,656 12,993 13,789 28,186 27,184 26,583 26,716 46,106 48,816 5,426 26,889 27,353 279,352 285,098 13,505

~123~

PRESIDENT SECURITIES CORPORATION STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date (Note)	Maturity Date	Interest rate	Type	Par value
HSBC 5.79 05/13/36 HANFGI 5 04/30/28 WDSAU 5.7 05/19/32 WDSAU 4.9 05/19/28 HANFGI 5 04/30/28 KORWAT4.375 05/21/27 SOCGEN5.249 05/22/29 SUMIFL5.236 05/01/30 SWEDA 5.083 05/21/30 MASDAR5.375 05/21/35 ACAFP 5.222 05/27/31 COFIDE 5.5 05/06/30 BPCEGP5.389 05/28/31 SUMIFL5.236 05/01/30 T 4.875 10/31/28 HNDA 5.8 10/03/25 C 5.864 09/29/25 KOLAHO 5.75 10/06/25 SUMIBK 5.24 04/15/30 AXP 6.338 10/30/26 KEBHNB 5.75 10/24/28 ARCC 5.5 09/01/30 SNPS 4.85 04/01/30 BAINAT 5.45 05/08/28 MASDAR4.875 05/21/30 HSBC FLOAT 06/03/28 KTGC 5 05/02/28 SUMI 5.05 07/03/29 SUMI 5.05 07/03/29 KSA 5.25 06/04/27 T 4.875 10/31/28 T 4.875 10/31/28	20250520 20250521 20250521 20250522 20250523 20250523 20250523 20250527 20250527 20250528 20250528 20250529 20250529 20250602 20250603 20250603 20250603 20250603 20250603 20250603 20250603 20250604 20250604 20250605 20250610 20250610 20250610 20250611 20250611 20250612 20250613 20250613	20260420 20260421 20260421 20260422 20260423 20260423 20260423 20260427 20260427 20260428 20260428 20260429 20260429 20260504 20260504 20251001 20250925 20251002 20260504 20260504 20260504 20260504 20260504 20260505 20260511 20260511 20260511 20260511 20260511 20260512 20260513 20260513	4.55% 4.55% 4.55% 4.55% 4.55% 4.50% 4.55% 4.55% 4.52% 4.55% 4.55% 4.55% 4.55% 4.55% 4.50% 4.60% 4.60% 4.60% 4.58% 4.60% 4.60% 4.55% 4.55% 4.55% 4.50% 4.55% 4.52% 4.60% 4.60% 4.60% 4.46% 4.46%	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) Foreign Bonds (USD) Foreign Bonds (USD)	$ 29,300 29,300 14,650 29,300 29,300 29,300 7,325 24,905 29,300 29,300 29,300 29,300 58,600 14,650 879,000 29,300 58,600 29,300 14,650 14,650 29,300 29,300 29,300 29,300 29,300 14,650 14,650 7,325 7,325 29,300 439,500 293,000	$ 26,934 27,012 13,417 26,291 26,995 26,610 6,672 23,123 26,956 26,988 26,934 27,096 53,486 13,889 891,614 27,318 54,612 27,274 13,855 13,641 28,101 26,396 27,090 27,075 27,671 13,471 13,613 6,859 6,859 28,183 444,762 296,508

~124~

PRESIDENT SECURITIES CORPORATION STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date (Note)	Maturity Date	Interest rate	Type	Par value
WDSAU 6 05/19/35 ARAMCO6.375 06/02/55 HANFGI 5 04/30/28 NIPLIF 6.5 04/30/55 STANLN FLOAT05/13/31 NAB FLOAT 06/13/28 LLOYDS FLOAT06/13/29 WDSAU 5.7 05/19/32 LLOYDS4.818 06/13/29 SUMIFL5.236 05/01/30 ARAMCO5.375 06/02/35 STANLN FLOAT05/13/31 NACF FLOAT 07/22/27 CITNAT 5.25 05/09/29 HYNMTR 6.25 11/03/25 BFCM 5.896 07/13/26 HYNMTR FLOAT06/24/27 CKHH 5.375 04/26/29 WDSAU 4.9 05/19/28 HYNMTR FLOAT06/24/27 HSBC 7.39 11/03/28 LLOYDS6.068 06/13/36 ARAMCO6.375 06/02/55 ABNANV FLOAT06/20/30 QIBKQD4.803 06/12/30 HYNMTR FLOAT03/27/30 STANLN5.244 05/13/31 MUBAUH 5 06/04/35 REPHUN5.375 09/26/30 HYNMTR 5.1 06/24/30 WDSAU 5.7 05/19/32 WDSAU 6 05/19/35	20250612 20250612 20250612 20250613 20250616 20250616 20250616 20250616 20250616 20250617 20250617 20250617 20250618 20250618 20250618 20250618 20250618 20250618 20250618 20250618 20250620 20250620 20250620 20250623 20250623 20250623 20250623 20250624 20250624 20250624 20250624 20250624	20260512 20260512 20260512 20260513 20260518 20260518 20260518 20260518 20260518 20260518 20260518 20260518 20260518 20260518 20251030 20260518 20260518 20260518 20260518 20260518 20260520 20260520 20260520 20260525 20260525 20260525 20260525 20260525 20260525 20260525 20260525 20260525	4.52% 4.55% 4.55% 4.52% 4.55% 4.55% 4.55% 4.55% 4.55% 4.55% 4.54% 4.55% 4.54% 4.55% 4.55% 4.57% 4.57% 4.55% 4.52% 4.58% 4.60% 4.60% 4.55% 4.54% 4.55% 4.50% 4.50% 4.55% 4.53% 4.50% 4.54% 4.52%	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) Foreign Bonds (USD) Foreign Bonds (USD)	$ 8,790 14,650 29,300 29,300 14,650 14,650 29,300 14,650 14,650 7,325 29,300 14,650 58,600 29,300 73,250 14,650 29,300 29,300 14,650 29,300 14,650 14,650 17,580 58,600 14,650 58,600 14,650 58,600 58,600 29,300 14,650 20,510	$ 7,727 12,191 27,161 27,276 13,505 13,789 27,542 13,625 13,385 6,786 26,396 13,465 54,501 27,490 67,457 13,851 26,983 27,490 13,771 27,873 14,211 12,578 15,669 55,681 13,479 54,924 13,599 54,433 54,382 26,976 13,501 18,298

~125~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value	Remark
	Start Date (Note)	Maturity Date	Interest rate	Type	Par value
HYNMTR FLOAT06/23/27 HYNMTR 5.4 06/23/32 HLINSU 6.3 06/24/55 SNBAB 6 06/24/35 HLINSU 6.3 06/24/55 T 4.5 11/15/33 T 4.5 11/15/33 ABNANV FLOAT06/20/30 UBS 9.016 11/15/33 PIFKSA 6 10/25/28 LLOYDS4.818 06/13/29 T 4.875 10/31/28 KUB 4.791 05/28/28 LLOYDS FLOAT06/13/29 MTRC 5.625 PERP PIFKSA 6 10/25/28 WDSAU 5.4 05/19/30 UNH 4.9 04/15/31 QIBKQD4.803 06/12/30 TOYOTA FLOAT05/14/27 WDSAU 5.4 05/19/30 ARAMCO 4.75 06/02/30 MQGAU FLOAT 06/12/28 BFCM FLOAT 02/16/28 SECO 5.225 02/18/30 REPHUN5.375 09/26/30 ARAMCO5.375 06/02/35 BNP 7.45 PERP BNP 7.45 PERP MTRC 5.625 PERP INDKOR FLOAT06/24/28 CAF 6.75 PERP	20250624 20250624 20250625 20250625 20250625 20250626 20250626 20250626 20250626 20250626 20250626 20250627 20250627 20250627 20250627 20250627 20250627 20250627 20250630 20250630 20250630 20250630 20250630 20250630 20250630 20250630 20250701 20250701 20250701 20250701 20250701 20250701	20260525 20260525 20260525 20260525 20260525 20250725 20250725 20260526 20260526 20260526 20260526 20250711 20260527 20260527 20260527 20260527 20260527 20260527 20260601 20260601 20260601 20260601 20260601 20260601 20260601 20260601 20260601 20250801 20250801 20260601 20260601 20260601	4.53% 4.48% 4.54% 4.60% 4.54% 4.46% 4.46% 4.54% 4.50% 4.55% 4.55% 4.48% 4.55% 4.55% 4.53% 4.55% 4.55% 4.55% 4.54% 4.55% 4.54% 4.54% 4.54% 4.60% 4.55% 4.54% 4.55% 4.35% 4.35% 4.53% 4.53% 4.58%	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) Foreign Bonds (USD) Foreign Bonds (USD)	$ 29,300 29,300 58,600 70,320 35,160 586,000 439,500 14,650 58,600 29,300 14,650 293,000 29,300 21,975 58,600 29,300 14,650 29,300 14,650 14,650 14,650 14,650 29,300 29,300 29,300 29,300 14,650 32,230 43,950 14,650 21,975 14,650	$ 27,866 26,660 50,806 59,918 30,484 594,063 445,548 13,929 66,851 29,171 13,572 298,913 27,879 20,657 50,059 29,199 13,405 27,598 13,705 13,558 13,729 13,874 27,911 28,183 28,257 27,440 13,565 25,887 35,300 12,539 20,697 12,626

~126~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF BONDS SOLD UNDER REPURCHASE AGREEMENTS

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of Securities	Transaction terms	Transaction terms		Amount		Transaction value
	Start Date (Note)	Maturity Date	Interest rate	Type	Par value
ARANCO6.375 06/02/55 MASDAR4.875 05/21/30 PERU 6.2 06/30/55 REPHUN 6 09/26/35 SECO 5.225 02/18/30 TOYOTA5.053 06/30/35	20250701 20250701 20250701 20250701 20250701 20250701	20260601 20260601 20260601 20260601 20260601 20260601	4.55% 4.55% 4.50% 4.55% 4.55% 4.52%	Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD) Foreign Bonds (USD)	$ 11,720 14,650 35,160 14,650 29,300 14,650	$ 10,696 13,375 31,579 13,191 28,248 13,393
					$ 24,328,760	$ 23,635,241

Note: It’s settlement date.

~127~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF BROKERAGE HANDLING FEE REVENUE

FOR THE SIX MONTHS ENDED JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Month 1 2 3 4 5 6 Total	Revenues from brokered trading Brokerage business of securities at the TWSE markets Brokerage business of securities at the OTC markets $ 143,538 $ 44,062 196,909 61,136 173,323 63,084 145,859 45,465 162,210 53,677 219,491 63,436 $ 1,041,330 $ 330,860	Revenues from brokered trading Brokerage business of securities at the TWSE markets Brokerage business of securities at the OTC markets $ 143,538 $ 44,062 196,909 61,136 173,323 63,084 145,859 45,465 162,210 53,677 219,491 63,436 $ 1,041,330 $ 330,860	Commission revenue from sub-brokerage 19,355 30,138 31,365 26,902 22,520 30,394 160,674	Commission revenue from short sales $ 776 1,105 987 1,075 894 1.006 $ 5,843	Other commission revenue $ 18 50 33 32 18 35 $ 186	Total $ 207,749 289,338 268,792 219,333 239,319 314,362 $ 1,538,893	Remark
	Brokerage business of securities at the TWSE markets $ 143,538 196,909 173,323 145,859 162,210 219,491 $ 1,041,330
		$ 44,062 61,136 63,084 45,465 53,677 63,436 $ 330,860

~128~

PRESIDENT SECURITIES CORPORATION STATEMENT OF REVENUES FROM UNDERWRITING BUSINESS FOR THE SIX MONTHS ENDED JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Month 1 2 3 4 5 6 Total	Revenues from underwriting securities on a firm commitment basis $ 818 4,524 4,244 781 5,205 12,221 $ 27,793	Revenue from underwriting processingfees $ 273 2,844 779 75 741 14,579 $ 19,291	Revenue from underwriting advisoryfees $ 470 480 530 1,270 430 510 $ 3,690	Other revenue $ 1,662 1,969 1,669 2,195 1,964 1,296 $ 10,755	Total $ 3,223 9,817 7,222 4,321 8,340 28,606 $ 61,529	Remark

~129~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF NET GAIN (LOSS) ON SALE OF TRADING SECURITIES FOR THE SIX MONTHS ENDED JUNE 30, 2025

	FOR THE SIX MONTHS ENDED JUNE 30, 2025
Item	(Expressed in thousands of New Taiwan dollars) Revenue from sale of trading securities Cost from sale of trading securities Gain (loss) on sale of trading securities $ 43,868,598 ( $ 44,356,788 ) ( $ 488,190 ) 34,845,707( 34,929,673) ( 83,966) 78,714,305( 79,286,461) ( 572,156) 9,615,343 ( 9,781,627 ) ( 166,284 ) 22,526,865( 22,569,532) ( 42,667) 23,373,031( 23,501,140) ( 128,109) 55,515,239( 55,852,299) ( 337,060) 101,690,899( 101,817,432) ( 126,533) 235,920,443( 236,956,192) ( 1,035,749) 25,741( 22,555) 3,186 25,741( 22,555) 3,186 33,676 ( 34,632 ) ( 956 ) 152,561( 137,392) 15,169 186,237( 172,024) 14,213 211,978( 194,579) 17,399 30,395,608 ( 31,072,450 ) ( 676,842 ) 109,610( 146,559) ( 36,949) 30,505,218( 31,219,009) ( 713,791) 6,945,935( 7,096,549) ( 150,614) 8,512,093 ( 8,597,429 ) ( 85,336 ) 3,571,558( 3,530,138) 41,420 19,029,586( 19,224,116) ( 194,530) 795,760( 805,008) ( 9,248) 50,330,563( 51,248,132) ( 917,569) $ 286,462,985( $ 288,398,904 ) ( $ 1,935,919)	Remark
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

~130~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF INTEREST REVENUE

FOR THE SIX MONTHS ENDED JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Item Interest income from margin loans Interest income from bonds Others interest income Total	Description	Amount $ 453,666 505,404 250,073 $ 1,209,143	Remark

~131~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF FINANCIAL COSTS FOR THE SIX MONTHS ENDED JUNE 30, 2025

PRESIDENT SECURITIES CORPORATION STATEMENT OF FINANCIAL COSTS FOR THE SIX MONTHS ENDED JUNE 30, 2025	PRESIDENT SECURITIES CORPORATION STATEMENT OF FINANCIAL COSTS FOR THE SIX MONTHS ENDED JUNE 30, 2025
(Expressed in thousands of New Taiwan dollars) Item Description Amount Interest expense from repurchase agreements $ 364,122 Loans interest expense 315,404 Other interest expense 89,889 Total $ 769,415		Remark
	$ 364,122 315,404 89,889
	$ 769,415

~132~

PRESIDENT SECURITIES CORPORATION

STATEMENT OF EMPLOYEE BENEFITS, DEPRECIATION, AMORTIZATION, AND OTHER OPERATING EXPENSES

FOR THE SIX MONTHS ENDED JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Item Employee benefits expense Salaries Labor and health insurance Pension Directors’ remuneration Other employee benefits Depreciation expense Amortization expense Other operating expenses	Six months ended June 30,2025 $ 1,044,526 99,040 43,906 15,142 80,640 126,885 46,350 976,870	Six months ended June 30,2024 $ 1,771,108 83,888 39,971 69,641 66,874 114,487 41,730 1,055,338	Remark

Note:

In 2025 and 2024, the Company had 1,558 and 1,461 employees, respectively, in which directors not concurrently serving as employees were both 12.

~133~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT

DISCLOSURES FOR FUTURES SEGMENT

JUNE 30, 2025 AND 2024

~134~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT

BALANCE SHEETS

JUNE 30, 2025, DECEMBER 31, 2024 AND JUNE 30, 2024

(Expressed in thousands of New Taiwan dollars)

Assets	Notes	June 30, 2025 AMOUNT % `$` `1,760,225` `24` `5,465,073` `76` `10,835` `-` `7,236,133` `100` `4,606` `-` `4,346` `-` `13,360` `-` `22,312` `-` `$` `7,258,445` `100` `$` `2,117` `-` `184` `-` `43,591` `1` `45,892` `1` `4,133,670` `57` `4,133,670` `57` `4,179,562` `58` `2,300,000` `31` `65,591` `1` `713,292` `10` `3,078,883` `42` `$` `7,258,445` `100`	December 31, 2024 AMOUNT % `$` `1,937,718` `37` `3,359,076` `63` `5,012` `-` `5,301,806` `100` `5,602` `-` `5,529` `-` `13,360` `-` `24,491` `-` `$` `5,326,297` `100` `$` `-` `-` `194` `-` `110,486` `2` `110,680` `2` `2,079,545` `39` `2,079,545` `39` `2,190,225` `41` `2,300,000` `43` `65,591` `1` `770,481` `15` `3,136,072` `59` `$` `5,326,297` `100`	June 30, 2024	June 30, 2024
		AMOUNT `$` `1,760,225` `5,465,073` `10,835` `7,236,133` `4,606` `4,346` `13,360` `22,312` `$` `7,258,445` `$` `2,117` `184` `43,591` `45,892` `4,133,670` `4,133,670` `4,179,562` `2,300,000` `65,591` `713,292` `3,078,883` `$` `7,258,445`	AMOUNT `$` `1,937,718` `3,359,076` `5,012` `5,301,806` `5,602` `5,529` `13,360` `24,491` `$` `5,326,297` `$` `-` `194` `110,486` `110,680` `2,079,545` `2,079,545` `2,190,225` `2,300,000` `65,591` `770,481` `3,136,072` `$` `5,326,297`	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`	%
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 7 and 8 12 6(3) 6(4)				`22` `78` `-`
					`100`
					`-` `-` `-`
					`-`
					`100`
					`-` `-` `3`
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 Appropriated operating capital 301110 Appropriated operating capital 304000 Retained earnings 304020 Special reserve 304040 Unappropriated earnings 906004 Total Equity 906002 Total liabilities and equity
					`3`
					`58`
					`58`
					`61`
					`24` `1` `14`
					`39`
					`100`

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

~135~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENTS OF COMPREHENSIVE INCOME SIX MONTHS ENDED JUNE 30, 2025 AND 2024

(Expressed in thousands of New Taiwan dollars)

Items Six months ended June 30
2025
2024
Notes
AMOUNT
%
AMOUNT
%
12
$
71,392
100
$
255,148
100
71,392
100
255,148
100
(
13,920 ) (
19) (
4,992) (
2)
7
(
7,744 ) (
11) (
3,339) (
1)
(
36,077 ) (
51) (
109,085) (
43)
(
2,669 ) (
4) (
3,066) (
1)
(
73,725 ) (
103) (
47,476) (
19)
(
134,135 ) (
188) (
167,958) (
66)
(
62,743 ) (
88)
87,190
34
5,554
8
25,824
10
(
57,189 ) (
80)
113,014
44
($
57,189 ) (
80) $
113,014
44
($
57,189 ) (
80) $
113,014
44

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 (loss)
902006Total current comprehensive
income (loss)

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

~136~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT

NOTES TO THE FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2024

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

1. HISTORY AND ORGANIZATION

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

THE DATE OF AUTHORISATION FOR ISSUANCE OF THE FINANCIAL STATEMENTS AND

PROCEDURES FOR AUTHORISATION

These segment financial statements were authorized for issuance by the Board of Directors on August 27, 2025.

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 2025 are as follows:

Supervisory Commission (“FSC”) New standards, interpretations and amendments that came into effect became effective from 2025 are as follows:	as endorsed by FSC and
New Standards, Interpretations and Amendments	Effective date by International Accounting StandardsBoard
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 assessment.

(2) Effect of new issuances of or amendments to IFRS Accounting Standards 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 2026 are as follows:

from 2026 are as follows:

New Standards,InterpretationsandAmendments

Effective date by
International Accounting
StandardsBoard

Amendments to IFRS 9 and IFRS 7, ‘Amendments to the classification
and measurement of financial instruments’
Amendments to IFRS 9 and IFRS 7, ‘Contracts referencing nature-
dependent electricity’
IFRS 17, ‘Insurance contracts’
Amendments to IFRS 17, ‘Insurance contracts’
Amendment to IFRS 17, ‘Initial application of IFRS 17 and IFRS 9 –
comparative information
Annual Improvements to IFRS Accounting Standards—Volume 11

January 1, 2026
January 1, 2026
January 1, 2023
January 1, 2023
January 1, 2023
January 1, 2026

~137~

The above standards and interpretations have no significant impact to the Segment’s financial condition and financial performance based on the Company 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 endorsed by the FSC are as follows:

Accounting Standards endorsed by the FSC are as follows:
	Effective date by
	International Accounting
New Standards,InterpretationsandAmendments	Standards Board
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 18, ‘Presentation and disclosure in financial statements’	January 1, 2027
IFRS 19, ‘Subsidiaries without public accountability: disclosures’	January 1, 2027

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.

~138~

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, 2024.
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, 2025. Please refer to the explanation in Note 5 of the segment’s financial statements for the year ended December 31, 2024.
DETAILS OF SIGNIFICANT ACCOUNTS

(1) Cash and cash equivalents

)Financial assets at fair value through profit or loss-current
June30,2025
December 31,2024
Current deposits
63,625
$ 41,221
$ Time deposits
1,696,600

1,896,497
1,760,225
$
1,937,718
$ June 30,2025
December 31,2024
Investment securities
27
$ 27
$ Valuation adjustment
27)
(
27)
(
(
Subtotal
-
-
Futures guarantee deposits receivable
5,462,693
3,358,908
Options bought
2,380
168
5,465,073
$ 3,359,076
$

June30,2024
65,513
$ 1,093,155
1,158,668
$ June 30,2024
27
$ 27)

-
4,132,000
4,411
4,136,411
$

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

Futures guarantee deposits receivable represents guarantee deposits for futures contracts of the Segment.

(3) Inter-department account

It pertains to money transfer among other segments.

(4) Appropriated operating capital

As of June 30, 2025, the Appropriated operating capital capital of the Segment is $2,300,000.

~139~

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, 2025 December 31, 2024 June 30, 2024 Subsidiary of the Company PSC: President Futures Corp. $ 5,362,407 $ 3,249,793 $ 3,997,009 B. Settlement fund June 30, 2025 December 31, 2024 June 30, 2024 Subsidiary of the Company PSC: President Futures Corp. $ 3,000 $ 3,000 $ 3,000 C. Clearing charges Six months ended Six months ended June 30, 2025 June 30, 2024 Subsidiary of the Company PSC: President Futures Corp. $ 7,744 $ 3,339 Pledged Assets Assets June 30, 2025 December 31, 2024 June 30, 2024 Purposes Pledged time deposits (stated as other non-current asset) - Operating guarantee deposits $ 10,000 $ 10,000 $ 10,000 Security deposits

8. Pledged Assets

9. SIGNIFICANT COMMITMENTS

None.

10. SIGNIFICANT LOSS FROM NATURAL DISASTER

None.

11. SIGNIFICANT SUBSEQUENT EVENT

None.

~140~

12. DERIVATIVE INSTRUMENT TRANSACTION

(1) Derivative instrument

A. Nominal principal or contract size and credit risk:

		June 30,2025	June 30,2025	June 30,2025
Item Futures contract	Trading category	Openpositions		39,810 $ 338 399 408 9,508 156 399 421 2,782 410 290 181 6,922 398 6,256 204 781 2,530 3,786 607 659 2,441 670 389 1,041 10,543 443 250 252 5,139 5,064 730 417 833 359 1,990 460 338 2,668 5,011 Contract size or paid for (received from) premium(note)	Fairvalue 40,280 $ 344 405 392 8,903 163 389 414 2,545 397 286 184 7,128 381 6,050 202 766 2,530 3,904 589 660 2,505 692 381 998 10,572 443 255 254 5,085 4,920 750 422 819 370 1,806 456 334 2,568 5,047	Note
		Long/ Short	Number of contracts
	FICDF FICEF FICGF FICHF FICKF FICQF FICSF FICWF FICYF FICZF FIDAF FIDGF FIDHF FIDIF FIDKF FIDOF FIDQF FIDVF FIDXF FIEHF FIFQF FIFRF FIFTF FIFY1 FIFZF FIF1F FIF1F FIGAF FIGCF FIGHF FIGRF FIGUF FIGXF FIIMF FIIPF FIIQF FIIRF FIIXF FIIYF FIJPF	Long Long Long Long Short Long Long Long Long Long Long Short Long Long Long Long Long Long Long Short Long Long Short Long Long Long Short Long Long Long Long Long Long Long Short Short Long Long Long Long	19 2 7 16 71 1 9 8 25 1 2 4 22 9 11 3 33 1 16 3 3 3 6 9 25 24 1 2 2 9 24 3 1 3 1 7 2 2 6 36			Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~141~

		June 30, 2025	June 30, 2025	June 30, 2025
Item	Trading category	Open positions		204 $ 791 184 181 4,907 1,675 1,795,352 2,192,263 2,456 303 5,856 628 2,680 333 454 294 42 391 4,970 2,563 6,050 441 1,437 5,076 110 210 799 299 409 2,805 2,996 3,239 4,342 7,022 650 589 1,143 18,208 145 144 824 4,928 4,950 1,723 1,723 188,210 307,119 1,743,997 1,179,666 10,430 1,097 332 9,145 Contract size or paid for (received from) premium(note)	Fair value 197 $ 803 182 178 4,940 1,772 1,795,528 2,201,088 2,436 301 5,840 657 2,712 336 459 300 43 383 5,054 2,530 6,036 428 1,421 5,194 113 218 790 295 395 2,442 2,968 3,129 4,720 7,830 646 584 1,144 18,752 145 144 855 4,936 4,958 1,712 1,712 188,307 309,729 1,778,859 1,183,892 10,654 1,113 323 9,152	Note
		Long/ Short	Number of contracts
	FIJXF FIJZF FIKIF FIKPF FILBF FIMJF FIMTX FIMTX FINDF FINEF FIOPF FIOTF FIOVF FIOYF FIPAF FIPBF FIPLF FIPNF FIPSF FIPUF FIPWF FIPYF FIQAF FIQFF FIQGF FIQHF FIQJF FIQLF FIQMF FIQVF FIRAF FIRGF FIRKF FIRWF FISDF FISEF FISFF FISPF FISRF FISRF FISWF FITE FITE FITJF FITJF FITMF FITMF FITX FITX FIUDF FIUHF FIULF FIUNF	Long Long Short Long Long Long Long Short Long Long Long Long Long Long Long Long Short Long Long Long Long Long Long Long Short Long Long Long Long Short Long Long Long Long Long Long Long Short Long Short Long Long Short Long Short Long Short Long Short Short Long Long Long	5 29 2 3 10 2 1,626 2,011 13 2 4 1 6 4 1 10 1 2 38 20 24 5 3 49 2 4 19 1 19 43 2 21 8 60 2 8 13 15 3 3 36 1 1 3 3 854 1,421 406 271 12 15 5 8			Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~142~

		June 30,2025	June 30,2025	June 30,2025
Item	Trading category	Openpositions		2,654 $ 4,949 620 618 201 244 244 208 213 14,085 15,334 1,406,007 29,335 169,319 734 51 325,195 15,668 872 129 482 28,993 182,384 62,065 284 218 1,497 1,222,517 6,479 36,642 2,820 2,922 1,339 1,802 14,684 132 1,106,718 2,459 91 2,547 879 853 8,019 634 1,709 279 401 266 2,144 Contract size or paid for (received from) premium(note)	Fairvalue 2,781 $ 4,987 620 617 205 242 243 208 219 14,063 14,507 1,563,820 29,680 167,723 690 49 316,760 15,826 879 129 479 26,871 176,750 59,917 285 216 1,500 1,319,378 6,440 34,565 2,576 2,740 1,348 1,853 14,581 120 1,092,000 2,440 86 2,493 880 835 7,621 636 1,695 260 410 250 2,122	Note
		Long/ Short	Number of contracts
	FIUOF FIUWF FIZEF FIZEF FIDFF FIQEF FIQEF FIQJF FISEF FICBF FICCF FICDF FICDF FICEF FICFF FICHF FICKF FICLF FICNF FICSF FICXF FICYF FICZF FIDAF FIDAF FIDBF FIDCF FIDHF FIDHF FIDIF FIDJF FIDKF FIDOF FIDPF FIDQF FIDSF FIDVF FIDXF FIFCF FIFFF FIFQF FIFRF FIFZF FIGCF FIGHF FIGKF FIGRF FIGUF FIHCF	Long Long Long Short Short Long Short Long Long Long Long Long Short Long Long Long Long Long Long Long Long Long Long Long Short Long Long Long Short Long Short Long Long Long Long Long Long Long Long Long Long Long Long Long Long Short Short Long Long	9 53 1 1 4 5 5 5 3 376 165 743 14 974 10 2 2,526 193 10 3 6 264 446 419 2 5 40 4,097 20 821 2 5 20 32 630 2 431 10 3 6 4 1 191 5 3 1 2 1 27			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 Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge

~143~

		June 30,2025	June 30,2025	June 30,2025
Item	Trading category	Openpositions		1,242 $ 1,035 791 51,963 2,765 7,202 4,431 5,482 6,609 502 6,785 5,950 293 779 1,806 960 24,405 257 421 96 48,953 209 7,742 1,567 195 2,397 189 4,897 1,056 1,154,327 5,706 421 4,467 5,840 31,930 33,310 119 6,819 4,116 1,189 2,497 1,489 3,173 2,411 10,720 15,388 62,288 62,142 390 Contract size or paid for (received from) premium(note)	Fairvalue 1,277 $ 1,044 764 52,110 2,730 7,602 4,440 4,902 6,606 502 6,420 5,960 269 792 1,759 988 24,453 254 420 90 48,544 222 7,750 1,557 187 2,414 182 4,882 1,004 1,160,375 5,773 428 4,494 5,944 32,120 33,534 115 7,227 4,068 1,200 2,433 1,480 3,211 2,363 10,729 15,320 63,360 63,360 383	Note
		Long/ Short	Number of contracts
	FIHSF FIIAF FIIIF FIIJF FIIMF FIIOF FIIPF FIIQF FIIRF FIIXF FIIYF FIJMF FIKAF FIKCF FIKWF FILBF FILOF FILQF FILRF FILRF FILXF FILYF FIMTX FINAF FINDF FINEF FINOF FINVF FINWF FINYF FIOJF FIOKF FIOLF FIOOF FIOPF FIOPF FIORF FIOTF FIOVF FIOWF FIOYF FIOZF FIPAF FIPBF FIPFF FIPHF FIPJF FIPJF FIPNF	Short Long Short Long Long Long Long Long Long Long Long Long Short Long Long Short Long Long Long Short Long Short Short Long Short Long Short Long Short Long Short Short Long Short Long Short Long Short Long Long Short Short Long Long Short Short Long Short Long	16 34 7 11 10 7 12 19 29 3 15 2 1 3 22 2 495 3 14 3 50 1 7 9 1 16 1 11 1 2,411 27 4 19 49 22 23 1 11 9 2 29 5 7 79 31 4 36 36 2			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

~144~

		June 30,2025	June 30,2025	June 30,2025
Item	Trading category	Openpositions		115 $ 1,202 1,293 2,160 252 2,120 522 2,365 204 2,578 40,408 1,126 54 375 86 1,830 3,598 828 370 2,440 42 14,546 41,280 41,243 89 3,715 906 231 17,600 5,940 1,385 10,361 749 10,857 454,090 261,821 441 995 1,861 6,015 1,701 6,029 301 1,030,481 5,253 1,385 74 885 259 Contract size or paid for (received from) premium(note)	Fairvalue 116 $ 1,197 1,260 2,151 251 2,012 514 2,368 193 2,621 40,704 1,128 54 381 87 1,830 3,540 810 351 2,444 44 13,334 41,552 41,552 86 3,484 894 228 18,290 5,860 1,416 10,450 751 11,223 456,300 262,083 442 969 1,825 6,160 1,692 6,077 298 1,049,626 4,998 1,228 72 890 261	Note
		Long/ Short	Number of contracts
	FIPQF FIPSF FIPUF FIPUF FIPWF FIPWF FIPYF FIQAF FIQCF FIQEF FIQFF FIQGF FIQHF FIQHF FIQIF FIQJF FIQLF FIQMF FIQNF FIQRF FIQSF FIQXF FIRAF FIRAF FIRCF FIRFF FIRGF FIRJF FIRKF FIRKF FIRSF FIRUF FIRVF FIRWF FIRZF FIRZF FISAF FISDF FISEF FISFF FISLF FISVF FISZF FITX FIUAF FIUBF FIUFF FIUHF FIUKF	Long Long Long Short Long Short Short Short Long Long Long Long Long Short Long Long Long Long Long Long Short Long Long Short Long Long Long Long Long Short Long Short Long Long Long Short Short Long Short Long Long Short Long Short Long Long Long Long Long	1 9 10 17 1 8 6 5 2 54 384 20 1 7 10 44 12 39 7 38 4 75 28 28 1 26 6 3 31 10 6 22 18 86 1,800 1,038 1 3 25 70 60 30 8 237 14 2 1 12 1			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

~145~

		June 30,2025	June 30,2025	June 30,2025
Item	Trading category	Openpositions		3,786 $ 35,270 544 1,144 3,798 105,665 762,283 64,562 5,448 5,467 9,065 2,213 1,166 132,482 24,673 356 264 6,331 2,304 14,107 2,458 161 476 1,293 972 2,903 41,743 2,792 260 2,177 15,020 2,959 6,429 3,126 209,959 1,755 36,881 107,074 111,986 68,208 2,696 812 341 649 183 391,366 3,779 65,004 11,730 Contract size or paid for (received from) premium(note)	Fairvalue 3,676 $ 37,083 565 1,145 3,722 99,910 771,680 64,747 5,382 5,382 9,233 2,132 1,206 125,024 24,764 338 263 6,342 2,303 14,422 2,511 161 465 1,277 910 2,850 40,037 2,711 259 2,213 14,355 2,977 6,093 2,892 213,660 1,726 35,405 105,506 107,538 67,862 2,799 809 347 626 181 388,670 3,752 65,392 11,799	Note
		Long/ Short	Number of contracts
	FIULF FIUOF FIUWF FICAF FICBF FICCF FICDF FICEF FICFF FICFF FICGF FICHF FICJF FICKF FICLF FICMF FICNF FICQF FICRF FICSF FICSF FICUF FICWF FICXF FICXF FICYF FICZF FIDAF FIDBF FIDCF FIDDF FIDEF FIDFF FIDGF FIDHF FIDIF FIDIF FIDJF FIDKF FIDLF FIDNF FIDOF FIDPF FIDQF FIDSF FIDVF FIDWF FIDXF FIDYF	Long Short Short Short Short Long Long Long Long Short Long Long Short Long Long Long Long Long Short Long Long Short Short Short Short Short Long Long Long Long Short Long Short Long Long Long Short Long Long Long Long Short Long Long Long Long Long Long Short	57 120 6 21 99 1,135 364 376 78 78 160 87 22 997 302 11 3 39 35 335 58 10 9 16 12 28 101 19 6 59 638 61 119 63 662 41 837 82 196 251 43 12 6 27 3 154 35 268 138			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 Trade Trade Trade Trade

~146~

		June 30,2025	June 30,2025	June 30,2025
Item	Trading category	Openpositions		118 $ 2,168 103 287 12 863 3,220 854 717 8,034 4,622 16,992 541 4,405 2,830 161,570 542 3,122 221 1,068 2,943 13,671 4,600 6,313 60,387 3,470 73,615 526 313 439 962 9,466 8,678 11,330 959 506 5,489 47 880 3,999 1,197 7,132 871 46 5,164 336 154 1,677 28,678 Contract size or paid for (received from) premium(note)	Fairvalue 131 $ 2,158 108 283 12 854 3,175 849 713 7,889 4,570 16,200 526 4,208 2,860 160,923 529 3,116 222 1,094 2,890 13,258 4,083 6,214 60,381 3,444 74,418 520 311 419 958 9,952 8,588 11,000 928 484 5,486 48 865 4,007 1,249 7,334 864 44 5,267 338 155 1,529 27,716	Note
		Long/ Short	Number of contracts
	FIDZF FIEHF FIEKF FIEMF FIEYF FIEZF FIFBF FIFCF FIFCF FIFEF FIFFF FIFGF FIFKF FIFNF FIFQF FIFRF FIFSF FIFTF FIFVF FIFWF FIFY1 FIFZF FIGAF FIGCF FIGHF FIGIF FIGJF FIGKF FIGLF FIGMF FIGNF FIGOF FIGRF FIGUF FIGVF FIGWF FIGXF FIGZF FIHAF FIHCF FIHHF FIHLF FIHOF FIHQF FIHSF FIIAF FIIHF FIIIF FIIMF	Long Long Short Long Short Short Long Long Short Long Long Long Long Long Short Long Short Long Long Short Long Long Long Long Long Long Long Long Long Short Short Long Long Long Short Short Long Short Long Long Short Short Short Short Long Long Short Short Long	1 11 4 3 1 8 25 30 25 114 11 4 7 63 13 193 13 27 6 32 69 333 32 49 107 12 66 2 3 3 25 8 42 44 22 2 13 2 31 51 55 89 4 1 66 11 5 14 102			Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade 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~

		June 30,2025	June 30,2025	June 30,2025
Item	Trading category	Openpositions		35,516 $ 16,077 6,686 17,280 2,639 9,516 1,302 652 82,050 32,510 6,288 462 1,020 727 3,356 699 6,026 211 2,656 315 10,154 739 987 4,019 638 4,210 7,096 1,493 2,647 5,057 77,140 5,669 103 890 2,359 30,962 2,591 11,801 6,265 4,642 149,249 7,725 8,739 6,352 2,041 175,201 128,377 107 514 Contract size or paid for (received from) premium(note)	Fairvalue 36,962 $ 16,650 6,708 17,481 2,562 9,347 1,284 629 88,740 32,680 6,309 462 1,022 859 2,959 701 6,072 214 2,496 311 10,111 726 872 4,050 632 4,031 7,050 1,436 2,628 5,434 76,889 5,824 112 824 2,371 31,590 2,362 11,788 6,231 4,788 150,317 7,742 8,860 6,351 2,080 175,187 128,435 108 519	Note
		Long/ Short	Number of contracts
	FIIOF FIIPF FIIQF FIIRF FIITF FIIXF FIIYF FIIZF FIJBF FIJMF FIJPF FIJSF FIJWF FIJZF FIKAF FIKBF FIKCF FIKDF FIKEF FIKFF FIKGF FIKIF FIKKF FIKLF FIKOF FIKPF FIKSF FIKUF FIKWF FILBF FILCF FILEF FILIF FILMF FILOF FILQF FILRF FILTF FILUF FILVF FILXF FILYF FIMJF FIMKF FIMQF FIMTX FIMTX FIMVF FINAF	Long Long Long Long Long Long Short Short Long Long Long Long Short Short Long Short Long Short Long Short Long Short Long Long Short Long Long Short Long Long Long Long Short Short Short Long Short Short Long Long Long Long Long Long Long Long Short Long Long	34 45 26 77 15 56 3 11 34 11 45 3 6 31 11 4 23 1 12 6 42 8 13 65 2 68 15 45 33 11 333 7 1 4 48 374 79 66 31 19 155 35 10 29 13 160 116 1 3			Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade 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~

		June 30,2025	June 30,2025	June 30,2025
Item	Trading category	Openpositions		221 $ 199 161 636 152 5,181 683 2,444 2,603 73 29,961 56,959 12,938 179,585 589 1,079 713 261,704 571 2,913 840 18 557 9,196 31,064 868 68,676 7,542 304 158 1,377 2,588 177,674 127 249 964 776 15,476 32,812 1,124 5,155 11,871 901 555 5,165 602 339 5,342 219 Contract size or paid for (received from) premium(note)	Fairvalue 249 $ 187 151 653 138 5,600 658 2,366 2,456 69 30,601 55,068 12,990 187,132 558 1,056 710 252,550 576 2,850 806 18 657 9,040 30,524 839 69,740 7,793 300 156 1,384 2,538 181,280 129 245 958 785 15,561 32,172 1,139 5,030 11,385 947 568 4,906 632 340 5,406 226	Note
		Long/ Short	Number of contracts
	FINBF FINDF FINEF FINGF FINJF FINLF FINMF FINOF FINSF FINUF FINVF FINWF FINYF FINYF FIODF FIOHF FIOLF FIOPF FIOQF FIORF FIORF FIOSF FIOTF FIOVF FIOWF FIOYF FIOZF FIPAF FIPBF FIPCF FIPFF FIPGF FIPJF FIPLF FIPMF FIPNF FIPRF FIPSF FIPTF FIPUF FIPWF FIPYF FIQAF FIQBF FIQCF FIQDF FIQEF FIQFF FIQGF	Short Long Long Long Long Long Long Long Long Short Long Long Long Long Short Long Long Long Long Long Short Short Short Long Long Long Long Long Short Short Short Short Long Short Short Long Long Long Long Short Long Short Long Short Long Short Long Long Long	1 1 1 5 2 28 6 13 23 1 69 55 27 97 4 4 3 173 1 25 7 1 1 20 51 10 235 17 10 1 4 45 103 3 1 5 5 117 25 9 20 133 2 8 51 4 7 51 4			Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~149~

		June 30,2025	June 30,2025	June 30,2025
Item	Trading category	Openpositions		51 $ 188 4,189 44,899 286 623 1,172 1,716 1,019 626 975 10,957 15,844 859 1,502 4,437 568,616 4,199 2,546 364 3,816 43,544 10,345 26,130 1,269 555 1,161 5,203 4,284 2,691 1,913 39,811 3,952 608 97 17,222 2,653 793 2,182 399 3,937 3,442 47 424 168,418 2,841 1,503 2,728 14,562 Contract size or paid for (received from) premium(note)	Fairvalue 54 $ 190 3,847 44,415 270 602 1,137 1,610 1,035 591 909 10,482 14,924 752 1,490 4,423 575,792 4,184 2,490 323 3,618 43,359 10,336 27,056 1,239 507 1,180 5,225 4,275 2,797 2,219 40,389 3,978 619 94 17,035 2,482 792 1,980 358 3,927 3,443 48 434 181,924 2,835 1,490 2,757 14,643	Note
		Long/ Short	Number of contracts
	FIQHF FIQIF FIQKF FIQLF FIQMF FIQNF FIQQF FIQRF FIQTF FIQUF FIQVF FIQWF FIQXF FIQYF FIQZF FIQZF FIRAF FIRBF FIRCF FIRDF FIRFF FIRGF FIRJF FIRKF FIRLF FIRNF FIRSF FIRUF FIRUF FIRVF FIRWF FIRZF FISAF FISBF FISCF FISDF FISEF FISFF FISJF FISKF FISLF FISQF FISRF FISRF FISRF FISVF FISYF FISZF FITF	Long Short Long Long Short Short Long Long Long Long Short Long Long Short Long Short Long Long Long Short Short Short Long Long Short Long Short Long Short Short Short Long Short Short Long Long Long Short Long Long Long Long Long Short Short Long Short Long Long	1 22 84 151 13 12 7 25 9 11 16 85 84 9 49 145 388 22 29 7 27 291 136 46 42 4 5 11 9 67 17 160 9 26 4 53 34 9 9 4 139 11 1 9 943 14 2 74 7			Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade 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~

June 30, 2025

Item Options contract	Trading category	Openpositions	Openpositions	Fairvalue 64,799 $ 65,468 $ 39,824 39,859 2,546 2,499 5,218 4,912 725 704 845 833 1,071 1,009 2,427 2,449 1,130 1,116 4,135 4,176 1,262 1,226 6,230 6,180 3,495 4,017 163 167 479 459 338 344 202,143 202,115 7,057 7,060 51,290 51,235 16,904 17,407 10,814 10,786 6,700 6,708 6,456 6,503 97,710 98,518 34,293 34,879 264) ( 201) ( 818 693 627) ( 715) ( 1,483 1,256 245) ( 224) ( 119 112 1,287) ( 808) ( 38 12 37 1 190 204 108) ( 115) ( 119 102 65) ( 55) ( Contract size or paid for (received from) premium(note)	Note
		Long/ Short	Number of contracts
	FITX FITX FIUAF FIUBF FIUCF FIUEF FIUFF FIUHF FIUJF FIUKF FIULF FIUMF FIUOF FIUQF FIUTF FIUUF FGBM FTSE JY MES MHI MNQ MYM TY UB TXO call TXV call TXV put TX1 call TX1 call TX1 put TX1 put TXO put TX1 put TXO call TXO call TXO put TXO put	Long Short Long Short Long Short Short Long Long Long Short Short Short Short Short Long Long Short Long Long Short Short Long Long Long Short Long Short Long Short Long Short Long Long Long Short Long Short	15 9 7 8 4 9 14 33 8 16 19 1 13 2 3 2 50 2 20 19 12 5 10 30 10 64 40 40 125 100 9 125 5 10 30 10 30 10		Trade Trade Trade Trade Trade Trade Trade Trade 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 Trade Trade Trade Trade

~151~

		December31,2024	December31,2024	December31,2024
Item Futures contract	Trading category	Openpositions		3,302 $ 3,087 3,005 2,170 3,195 4,779 3,081 2,991 3,013 3,047 2,528 4,015 2,828 2,995 2,961 3,237 3,030 3,056 2,953 3,047 332,049 159,995 3,447 65,710 5,781 13,762 56,856 3,129 9,652 3,167 4,230 3,035 5,071 848 2,902 3,126 2,988 9,451 3,006 12,785 3,064 5,352 3,678 259,260 Contract size or paid for (received from) premium(note)	Fairvalue 2,719 $ 2,925 3,003 2,160 2,832 4,698 2,911 2,912 2,968 3,115 3,096 3,982 2,910 2,923 3,393 3,118 2,898 3,006 2,972 3,053 331,312 159,190 3,455 65,650 6,050 13,759 56,927 3,179 9,720 3,007 4,020 2,931 4,355 864 3,018 2,946 3,103 9,350 3,085 12,760 3,120 5,348 3,660 256,360	Note
		Long/ Short	Number of contracts
	FICAF FICBF FICCF FICDF FICFF FICNF FICUF FIEEF FIEYF FIFVF FIFWF FIGAF FIGOF FIHAF FIIMF FIJSF FIJZF FIKIF FIKKF FILTF FIMTX FIMTX FIMX1 FIMX2 FINVF FINYF FINYF FIOYF FIOZF FIPSF FIPTF FIPYF FIQAF FIQFF FIQHF FIQVF FIRVF FIRWF FISFF FISRF FISVF SXF SXF FITE	Short Short Short Long Short Long Long Long Long Long Long Long Long Long Long Short Long Long Long Short Long Short Short Short Short Long Short Long Long Long Long Short Long Short Short Long Short Long Long Short Long Long Short Short	46 75 35 1 40 60 142 140 200 70 60 28 3 79 9 17 95 33 34 17 287 137 3 57 11 7 29 36 30 21 3 30 13 8 60 30 72 69 50 65 20 13 9 50			Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~152~

		December31,2024	December31,2024	December31,2024
Item	Trading category	Openpositions		40,396 $ 42,530 450,286 11,611 1,172,275 1,349,071 15,620 3,120 3,185 344,597 1,424 67,290 1,287 1,285 35,482 266 196,527 749,325 1,654 3,717 782 335 1,812 200,823 36,443 6,442 383 16,881 68,272 3,637 683 6,706 319,937 17,934 43 909 211 5,044 6,130 3,021 871 322 1,280 218 704 1,701 23,276 2,543 310 Contract size or paid for (received from) premium(note)	Fairvalue 39,999 $ 42,352 447,069 11,616 1,172,979 1,346,173 15,480 2,873 2,933 337,019 1,421 66,623 1,285 1,282 35,864 260 196,400 745,810 1,631 3,701 783 308 1,820 198,153 35,049 6,294 381 16,650 67,876 3,696 683 6,545 321,000 17,674 42 904 210 5,296 6,240 2,992 862 317 1,264 223 671 1,643 23,478 2,562 306	Note
		Long/ Short	Number of contracts
	FITF FITJF FITMF FITMF FITX FITX FIUDF FIUFF FIUHF FIUNF FIXIF FIXIF FIZEF FIZEF FICCF FICCF FICDF FICDF FICEF FICKF FICNF FICUF FICXF FICZF FIDAF FIDBF FIDDF FIDHF FIDHF FIDJF FIDOF FIDQF FIDVF FIDXF FIEEF FIEHF FIEMF FIFFF FIFGF FIFQF FIFRF FIFSF FIFTF FIFVF FIFWF FIGCF FIGHF FIGIF FIGKF	Short Short Long Short Long Short Short Short Short Short Long Short Long Short Long Short Long Short Short Short Short Short Long Short Short Short Short Long Short Short Short Short Short Short Short Short Short Short Long Short Short Short Short Short Short Short Long Short Short	19 77 1,935 50 254 290 18 42 47 315 1 47 2 2 418 3 90 345 9 27 10 15 19 438 231 122 16 45 184 3 10 228 113 84 2 4 2 8 2 15 1 6 9 5 13 11 43 7 1			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 Hedge Hedge Hedge Hedge Hedge Hedge

~153~

==> picture [471 x 55] intentionally omitted <==

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

December 31, 2024
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 -----

FIGOF	Short	1	946	970	Hedge
FIGRF	Short	3	669	675	Hedge
FIGUF	Short	3	1,001	1,002	Hedge
FIGWF	Short	7	2,143	2,121	Hedge
FIGXF	Short	6	2,209	2,327	Hedge
FIHAF	Short	11	419	407	Hedge
FIHBF	Short	2	404	368	Hedge
FIHCF	Short	66	6,716	6,527	Hedge
FIHHF	Short	19	420	407	Hedge
FIHIF	Short	3	309	305	Hedge
FIHOF	Long	2	473	458	Hedge
FIHSF	Short	258	22,984	23,024	Hedge
FIIJF	Long	1	5,040	5,420	Hedge
FIIMF	Short	10	3,286	3,770	Hedge
FIIPF	Short	13	6,121	6,279	Hedge
FIIRF	Short	95	27,755	27,075	Hedge
FIIXF	Long	11	2,242	2,244	Hedge
FIIYF	Short	62	24,179	25,916	Hedge
FIIZF	Short	1	72	71	Hedge
FIJSF	Short	1	188	183	Hedge
FIJWF	Short	103	18,192	17,695	Hedge
FIJXF	Short	1	44	50	Hedge
FIJZF	Short	4	134	122	Hedge
FIKAF	Short	2	803	782	Hedge
FIKBF	Long	7	1,094	1,100	Hedge
FIKDF	Short	3	811	834	Hedge
FIKFF	Long	5	339	304	Hedge
FIKGF	Short	8	2,129	2,208	Hedge
FIKIF	Short	2	186	182	Hedge
FIKWF	Long	1	82	83	Hedge
FILBF	Short	4	1,581	1,588	Hedge
FILEF	Short	10	10,342	10,220	Hedge
FILMF	Short	2	623	604	Hedge
FILQF	Long	55	5,575	5,495	Hedge
FILRF	Short	10	354	345	Hedge
FILUF	Short	15	3,747	3,615	Hedge
FILVF	Short	2	475	454	Hedge
FILWF	Short	1	1,022	1,012	Hedge
FILXF	Short	4	4,274	4,338	Hedge
FILYF	Long	15	3,664	3,915	Hedge
FIMAF	Short	1	304	299	Hedge
FIMBF	Short	6	467	468	Hedge
FIMJF	Short	1	800	822	Hedge
FIMTX	Short	4	4,586	4,609	Hedge
FIM1F	Short	96	18,754	18,600	Hedge
FINAF	Short	17	3,825	3,808	Hedge
FINDF	Long	1	162	157	Hedge
FINLF	Long	2	413	400	Hedge
FINMF	Short	29	5,322	5,469	Hedge

~154~

==> picture [471 x 55] intentionally omitted <==

FINOF	Long	2	556	536	Hedge
FINQF	Short	7	5,483	5,530	Hedge
FINVF	Short	20	10,675	10,997	Hedge
FINYF	Short	10	19,761	19,630	Hedge
FIOHF	Short	1	373	355	Hedge
FIOJF	Short	191	44,085	44,408	Hedge
FIOLF	Short	300	77,608	81,300	Hedge
FIOOF	Short	41	5,450	5,343	Hedge
FIOPF	Short	137	202,869	212,076	Hedge
FIOQF	Short	7	4,128	4,088	Hedge
FIORF	Long	10	1,290	1,358	Hedge
FIOTF	Short	9	6,452	7,011	Hedge
FIOVF	Short	27	9,630	9,228	Hedge
FIOYF	Short	2	174	177	Hedge
FIOZF	Short	11	3,603	3,568	Hedge
FIPAF	Short	4	2,031	2,063	Hedge
FIPBF	Long	2	77	76	Hedge
FIPBF	Short	10	383	380	Hedge
FIPJF	Long	51	61,749	63,036	Hedge
FIPJF	Short	66	79,724	81,444	Hedge
FIPNF	Short	24	4,813	4,800	Hedge
FIPPF	Short	5	598	585	Hedge
FIPQF	Long	2	237	235	Hedge
FIPRF	Long	4	873	879	Hedge
FIPSF	Short	163	24,799	23,341	Hedge
FIPTF	Long	70	91,778	93,788	Hedge
FIPUF	Short	687	96,854	97,640	Hedge
FIPWF	Short	129	33,418	33,992	Hedge
FIPXF	Short	1	2,010	1,954	Hedge
FIPYF	Short	86	8,619	8,402	Hedge
FIQAF	Short	23	8,771	7,704	Hedge
FIQEF	Short	64	3,422	3,465	Hedge
FIQFF	Short	386	41,618	41,773	Hedge
FIQGF	Long	4	226	226	Hedge
FIQGF	Short	5	280	283	Hedge
FIQHF	Short	1	50	50	Hedge
FIQIF	Short	10	119	112	Hedge
FIQJF	Short	73	3,764	3,729	Hedge
FIQLF	Short	2	823	790	Hedge
FIQMF	Short	71	2,243	2,350	Hedge
FIQNF	Long	14	737	742	Hedge
FIQRF	Short	31	1,876	1,910	Hedge
FIQWF	Long	13	2,676	2,613	Hedge
FIQXF	Long	3	486	486	Hedge
FIRAF	Short	1	1,278	1,248	Hedge
FIRBF	Short	4	1,025	980	Hedge
FIRFF	Short	18	3,511	3,534	Hedge
FIRGF	Long	1	150	154	Hedge
FIRKF	Short	22	10,305	10,582	Hedge

~155~

		December31,2024	December31,2024	December31,2024
Item	Trading category	Openpositions		187 $ 13,913 2,593 1,607 135 8,855 1,205,575 7,964 5,932 1,964 324 637 2,005 359 5,794 753 259 409,382 3,127 2,723 313 6,679 12,672 36,944 28,180 82,989 5,812 1,506 10,427 150 2,856 404 4,474 486 3,351 1,004 315 4,961 6,260 8,705 868 4,966 6,972 50,129 1,369 4,108 3,432 4,922 5,376 Contract size or paid for (received from) premium(note)	Fairvalue 179 $ 14,071 2,632 1,722 136 8,943 1,185,466 8,085 6,192 1,976 326 636 1,993 354 6,084 724 243 405,574 3,059 2,694 298 5,674 12,012 37,470 28,080 82,460 5,617 1,420 9,487 150 2,714 411 4,406 487 3,289 970 317 4,760 5,998 8,180 811 5,077 6,833 49,268 1,364 4,076 3,427 4,788 4,616	Note
		Long/ Short	Number of contracts
	FIRLF FIRSF FIRUF FIRVF FIRWF FIRWF FIRZF FISAF FISEF FISFF FISIF FISJF FISLF FISQF FISVF FISWF FISZF FITX FIUHF FIUJF FIUKF FICAF FICBF FICCF FICDF FICDF FICEF FICFF FICFF FICGF FICHF FICKF FICLF FICMF FICNF FICQF FICRF FICSF FICSF FICUF FICWF FICXF FICYF FICZF FIDAF FIDBF FIDDF FIDFF FIDGF	Long Short Long Short Long Short Short Short Short Short Short Short Long Short Short Long Long Short Short Short Short Short Short Long Long Short Long Long Short Short Short Long Long Long Long Long Long Long Short Long Short Short Short Short Short Long Long Long Short	5 42 8 40 1 66 4,120 15 80 32 1 3 73 1 39 44 5 88 49 17 1 96 308 436 13 38 31 20 134 2 92 3 57 14 42 6 5 100 126 399 12 53 117 109 9 79 144 76 85			Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge Hedge 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

~156~

		December31,2024	December31,2024	December31,2024
Item	Trading category	Openpositions		48,127 $ 903 3,696 2,861 248 218 6,439 7,485 168,494 1,082 33,191 211 8,549 90 1,121 2,949 518 3,297 465 922 1,263 1,013 1,051 14,227 445 4,694 2,060 7,935 2,517 8,073 709 713 6,484 1,063 3,506 591 1,198 6,316 2,097 3,042 598 4,337 1,784 101 5,595 4,357 2,634 1,036 3,207 Contract size or paid for (received from) premium(note)	Fairvalue 47,472 $ 830 3,696 2,870 247 216 5,941 7,712 167,790 1,050 31,231 206 8,237 88 1,130 2,772 524 3,150 422 848 1,324 986 1,014 14,654 423 4,633 2,092 9,288 2,550 7,139 711 709 6,125 1,098 3,672 583 1,283 6,790 2,025 3,006 599 4,242 1,940 102 5,547 4,218 2,573 1,088 2,972	Note
		Long/ Short	Number of contracts
	FIDHF FIDIF FIDJF FIDKF FIDLF FIDPF FIDQF FIDSF FIDVF FIDXF FIDYF FIDZF FIEEF FIEGF FIEHF FIEKF FIEMF FIEZF FIFCF FIFEF FIFFF FIFKF FIFNF FIFRF FIFSF FIFTF FIFVF FIFWF FIFY1 FIFZF FIGAF FIGAF FIGCF FIGIF FIGKF FIGLF FIGNF FIGOF FIGRF FIGUF FIGVF FIGWF FIGXF FIGYF FIG2F FIHAF FIHBF FIHCF FIHLF	Long Short Long Short Short Short Short Short Short Long Short Short Long Short Short Long Short Long Short Long Short Short Short Short Short Long Long Long Long Long Long Short Short Short Long Short Short Short Long Short Short Short Long Short Short Long Short Short Short	129 21 3 5 1 4 207 97 59 5 387 2 396 6 5 99 5 31 12 14 2 10 10 17 8 33 47 180 43 242 5 5 41 3 12 4 21 7 9 9 8 14 5 1 11 114 14 11 34			Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade 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~

		December31,2024	December31,2024	December31,2024
Item	Trading category	Openpositions		107 $ 739 30 384 5,030 4,375 9,696 472 8,056 10,720 621 9,607 822 1,933 2,750 41,580 81 3,502 1,477 356 11,255 2,744 939 984 544 3,429 324 1,759 5,569 4,081 2,272 590 361 1,666 311 398 697 3,056 1,625 549 18,741 4,845 1,798 1,472 5,289 2,106 3,615 964 78 Contract size or paid for (received from) premium(note)	Fairvalue 100 $ 714 30 374 5,420 4,524 10,060 483 8,284 10,260 606 9,792 836 1,977 2,710 42,980 77 3,430 1,467 344 10,675 2,737 943 988 556 3,488 304 1,932 5,466 4,108 1,995 592 342 1,434 330 397 681 3,066 1,510 534 18,896 4,658 1,796 1,446 5,060 2,172 3,900 1,044 78	Note
		Long/ Short	Number of contracts
	FIHQF FIHSF FIIAF FIIIF FIIJF FIIMF FIIOF FIIPF FIIQF FIIRF FIITF FIIXF FIIYF FIIZF FIJBF FIJMF FIJNF FIJPF FIJSF FIJWF FIJZF FIKAF FIKBF FIKCF FIKDF FIKEF FIKFF FIKGF FIKIF FIKKF FIKLF FIKOF FIKPF FIKUF FIKWF FILBF FILCF FILEF FILMF FILOF FILQF FILRF FILTF FILUF FILWF FILXF FILYF FILYF FIMBF	Short Long Short Long Short Long Long Short Short Short Short Long Short Long Short Short Short Long Short Short Long Long Short Short Short Long Short Short Long Long Short Short Short Short Short Short Short Long Short Short Long Long Short Short Short Short Long Short Short	2 8 1 3 1 12 10 1 38 36 3 48 2 28 1 14 1 25 8 2 350 7 6 4 2 16 5 7 60 47 27 2 4 44 4 1 3 3 5 11 189 135 10 6 5 2 15 4 1			Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade 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~

		December31,2024	December31,2024	December31,2024
Item	Trading category	Openpositions		3,264 $ 1,920 141 64,542 523,365 12,558 7,594 218 4,331 1,443 7,910 86 6,248 3,056 2,274 3,928 786 4,338 428 7,443 32,923 116,858 19,709 3,195 134 1,330 13,470 589 726 4,227 10,184 18,495 10,871 5,076 6,156 33,099 5,582 5,774 2,109 220 3,433 21,170 6,230 87 161 250 4,651 10,711 402 Contract size or paid for (received from) premium(note)	Fairvalue 3,288 $ 1,949 135 64,523 521,298 12,668 7,600 224 4,320 1,484 7,315 88 6,324 3,000 2,263 3,752 790 4,345 351 7,700 37,100 115,817 19,655 3,195 135 1,355 13,932 584 815 4,674 9,307 17,784 10,668 5,298 6,358 33,110 5,676 5,601 2,165 216 3,367 20,978 6,180 85 162 246 4,800 10,647 440	Note
		Long/ Short	Number of contracts
	FIMJF FIMKF FIMQF FIMTX FIMTX FIMX1 FIMYF FINAF FINBF FINEF FINGF FINIF FINJF FINLF FINMF FINOF FINQF FINSF FINUF FINVF FINWF FINYF FINYF FIODF FIOEF FIOLF FIOPF FIOQF FIORF FIOTF FIOUF FIOVF FIOWF FIOXF FIOYF FIOZF FIPAF FIPBF FIPCF FIPEF FIPGF FIPJF FIPJF FIPKF FIPLF FIPMF FIPNF FIPPF FIPRF	Short Long Short Long Short Long Long Short Long Short Long Short Short Long Long Short Short Long Short Short Short Long Short Long Short Short Short Short Short Long Long Short Long Long Long Long Long Short Long Short Short Long Short Short Short Short Short Long Short	4 9 1 56 451 11 19 1 12 14 48 1 68 15 12 14 1 34 4 14 35 59 10 15 8 5 9 1 6 6 53 52 14 3 72 102 11 147 12 2 61 17 5 1 3 1 24 91 2			Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~159~

		December31,2024	December31,2024	December31,2024
Item	Trading category	Openpositions		5,347 $ 2,653 423 1,560 699 6,086 599 229 627 3,135 57 373 10,127 60 2,083 4,163 272 224 4,093 373 3,033 191 3,847 6,256 3,926 5,744 193 6,604 7,529 5,056 3,632 608 269 1,490 3,832 296 8,100 5,762 202 3,141 2,869 3,380 1,696 4,774 1,505 1,104 208,817 1,080 36 Contract size or paid for (received from) premium(note)	Fairvalue 5,155 $ 2,656 426 1,581 684 5,360 588 233 585 3,132 57 370 9,811 59 1,975 3,950 318 221 4,236 370 3,052 188 3,633 6,030 3,888 5,680 190 6,742 7,500 4,992 3,675 631 264 1,411 3,940 307 7,980 5,772 179 2,958 3,024 3,497 1,675 4,598 1,552 1,084 210,417 1,078 33	Note
		Long/ Short	Number of contracts
	FIPSF FIPTF FIPUF FIPWF FIPYF FIQAF FIQBF FIQCF FIQDF FIQFF FIQGF FIQIF FIQJF FIQKF FIQLF FIQLF FIQNF FIQOF FIQQF FIQRF FIQTF FIQUF FIQVF FIQWF FIQXF FIQYF FIQZF FIQZF FIRAF FIRAF FIRBF FIRCF FIRDF FIREF FIRFF FIRGF FIRJF FIRKF FIRLF FIRNF FIROF FIRRF FIRSF FIRUF FIRVF FIRWF FIRZF FISAF FISBF	Long Long Short Short Short Long Short Short Short Short Long Short Long Long Long Short Short Short Long Long Long Short Long Long Short Long Long Short Long Short Long Short Short Short Long Short Long Long Short Short Long Long Short Long Short Long Short Short Short	36 2 3 6 7 16 7 2 3 29 1 33 192 1 5 10 6 4 30 6 26 3 37 30 24 79 6 212 6 4 15 7 4 8 20 2 90 12 5 17 16 70 5 14 36 8 730 2 1			Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade 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~

		December31,2024	December31,2024	December31,2024
Item Options contract	Trading category	Openpositions		3,378 $ 4,852 152 431 1,288 3,402 4,437 1,791 42,434 1,085 299 30,671 18,919 267,143 481,804 400 8,118 1,404 382 70 314 316 631 631 1,579 1,582 9,734 16,470 43,236 2,625 330,247 15,637 86 83 10 Contract size or paid for (received from) premium(note)	Fairvalue 3,467 $ 4,944 155 432 1,302 3,392 4,505 1,768 42,246 1,092 292 30,763 18,947 267,310 480,854 448 7,592 1,412 374 71 317 318 643 641 1,579 1,583 9,788 16,425 43,282 2,627 321,511 15,461 60 98 10	Note
		Long/ Short	Number of contracts
	FISCF FISDF FISEF FISFF FISIF FISJF FISLF FISQF FISRF FISVF FISZF FITE FITF FITX FITX FIUCF FIUFF FIUGF FIUHF FIUIF FIUJF FIUJF FIZEF FIZEF FIZFF FIZFF FIBRF CUS JNM JY MNQ MYM TX1 call TX1 put TXO call	Long Long Long Long Short Long Short Short Short Long Long Short Long Long Short Short Short Short Long Long Long Short Long Short Long Short Long Long Long Short Long Long Long Long Long	107 16 2 7 4 16 165 5 215 7 6 6 9 58 104 2 111 1 6 1 2 2 1 1 3 3 4 5 74 1 231 22 50 50 3			Trade Trade Trade Trade Trade Trade Trade Trade 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 Trade

~161~

==> picture [478 x 61] intentionally omitted <==

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

June 30, 2024
Open positions Contract size or
Trading Long/ Number of paid for (received
Item category Short contracts from) premium Fair value Note
----- End of picture text -----

Item	category	Short	contracts	fro	m) premium		Fair value	Note
Futures contract	FICAF	Short	26	$	2,620	$	2,579	Trade
	FICBF	Short	54		2,523		2,506	Trade
	FICCF	Short	22		2,465		2,460	Trade
	FICDF	Long	9		17,338		17,442	Trade
	FICFF	Short	44		5,326		5,078	Trade
	FICHF	Short	7		256		251	Trade
	FICUF	Long	99		2,451		2,515	Trade
	FICZF	Short	1		406		389	Trade
	FIDAF	Long	15		2,293		2,256	Trade
	FIDBF	Short	2		93		96	Trade
	FIDDF	Long	11		208		217	Trade
	FIDHF	Long	6		2,562		2,586	Trade
	FIDQF	Short	2		61		58	Trade
	FIDSF	Short	1		94		94	Trade
	FIEEF	Long	89		2,471		2,501	Trade
	FIEYF	Long	156		2,503		2,571	Trade
	FIFQF	Short	11		2,367		2,354	Trade
	FIFWF	Long	69		2,531		2,525	Trade
	FIFZF	Long	4		214		206	Trade
	FIF1F	Short	8		3,320		3,292	Trade
	FIGJF	Long	12		12,858		13,176	Trade
	FIGLF	Long	19		2,966		3,010	Trade
	FIGRF	Long	1		229		239	Trade
	FIHAF	Long	60		2,371		2,466	Trade
	FIHHF	Long	6		188		178	Trade
	FIHLF	Short	1		105		105	Trade
	FIHSF	Short	1		76		77	Trade
	FIIHF	Long	59		2,586		2,602	Trade
	FIIRF	Short	14		5,142		5,068	Trade
	FIIYF	Long	5		2,334		2,460	Trade
	FIJNF	Long	32		2,483		2,592	Trade
	FIJZF	Long	58		2,405		2,494	Trade
	FIKIF	Long	22		2,569		2,561	Trade
	FIKUF	Long	5		202		195	Trade
	FILTF	Short	15		2,574		2,532	Trade
	FIMTX	Long	1,535		1,763,693		1,763,288	Trade
	FIMTX	Short	1,195		1,365,816		1,373,458	Trade
	FIMX1	Long	170		194,087		195,628	Trade
	FINIF	Long	9		978		985	Trade
	FINLF	Long	11		2,574		2,827	Trade
	FINVF	Short	5		2,489		2,525	Trade
	FIOLF	Long	1		267		274	Trade
	FIORF	Long	23		2,510		2,553	Trade
	FIOZF	Short	8		2,745		2,696	Trade

~162~

		June 30,2024	June 30,2024	June 30,2024
Item	Trading category	Openpositions		Contract size or paid for (received from) premium	Fairvalue	Note
		Long/ Short	Number of contracts
	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 Short Short Long Short Short Long Long Long Long Short Short Long Long Short Short Long Short Long Short Long Long Short Short Short Long Long Short Long Short Short Short Long Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short	48 1 9 5 3 27 37 7 3 1 14 2 2 4 74 1 1 4 21 6 4 278 365 9 87 8 3 3 2 2 5 450 6 1,959 20 29 234 111 286 17 26 254 24 190 21 45 155 643 1,511	2,564 $ 138 2,396 2,427 229 2,496 2,475 2,464 191 257 2,536 2,826 216 2,674 2,848 150 380 1,764 103,878 29,783 7,876 1,278,645 1,675,208 7,179 86,739 12,930 1,862 1,861 998 987 4,605 50,999 11,505 3,722,288 3,064 2,225 8,691 5,753 33,431 1,358 978 19,128 1,713 4,742 1,617 5,293 21,268 259,944 230,100	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

~163~

		June 30,2024	June 30,2024	June 30,2024
Item	Trading category	Openpositions		Contract size or paid for (received from) premium	Fairvalue	Note
		Long/ Short	Number of contracts
	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 Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Long Short Short Short Short Short Short Short Short Short Short	123 20 3 24 27 46 5,534 78 265 9 22 15 1 750 86 228 15 332 1 144 41 46 1 1 43 2 4 2 6 24 201 478 193 44 49 15 8 5 48 3 3 131 4 8 3 22 15 24 6	5,914 $ 732 60 1,186 1,850 4,861 1,983,433 78,608 166,525 2,297 1,271 962 56 22,098 8,996 619,570 2,099 74,665 85 2,935 9,711 1,637 2,130 131 1,885 147 1,796 4,850 611 3,319 45,759 347,570 7,075 6,889 3,413 800 1,222 713 29,501 1,066 1,074 20,605 620 589 2,168 5,006 4,910 2,481 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

~164~

		June 30,2024	June 30,2024	June 30,2024
Item	Trading category	Openpositions		Contract size or paid for (received from) premium	Fairvalue	Note
		Long/ Short	Number of contracts
	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 Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short	52 1 179 54 21 1,068 75 367 4 13 52 761 25 18 232 38 2 2 3 21 156 2 1 137 21 1 12 27 66 68 1 88 4 28 12 5 40 18 133 63 52 6 344 8 9 84 34 6 38	23,756 $ 42 7,201 12,957 1,926 34,193 8,659 38,543 1,188 4,441 3,184 57,508 885 801 46,540 200,933 274 2,500 2,008 5,071 58,575 444 189 65,616 68,917 3,110 24,981 2,133 13,993 16,369 381 20,132 1,587 8,612 2,957 392 13,104 2,128 9,668 20,742 4,751 4,953 13,658 3,476 1,937 105,084 15,651 316 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

~165~

		June 30,2024	June 30,2024	June 30,2024
Item	Trading category	Openpositions		Contract size or paid for (received from) premium	Fairvalue	Note
		Long/ Short	Number of contracts
	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 Short Short Short Short Short Long Short Short Short Short Short Short Short Short Short Short Short Long Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Long Short Short Short	336 1 97 100 7 13 79 2 22 5 22 4 8 29 32 1 7 30 25 56 4 1 44 24 5 24 2 142 43 68 2 18 34 2 27 2 99 2 9 7 3 3 55 8 19 2 19 26 316	10,378 $ 171 23,342 31,382 7,478 18,494 30,346 622 2,136 2,958 5,719 4,485 1,066 9,186 7,178 288 763 3,144 5,878 11,370 1,717 842 21,433 29,672 9,258 4,959 216 37,531 5,009 73,739 1,361 501 10,979 441 8,976 2,116 33,251 677 3,736 422 13,598 14,563 50,014 903 4,343 284 5,149 2,424 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

~166~

		June 30,2024	June 30,2024	June 30,2024
Item	Trading category	Openpositions		Contract size or paid for (received from) premium	Fairvalue	Note
		Long/ Short	Number of contracts
	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 Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Long Short Long Short Short Short Short Short Long Short Short Long Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short Short	33 11 138 2 50 3 88 14 445 11 5 119 9 116 116 4 3 6 5 5 28 12 7 24 77 32 16 7 2 2 29 40 133 9 43 4 5 147 70 271 1 1 470 5 2 51 9 33 9	8,861 $ 26,032 16,880 18,482 23,491 273 9,927 1,031 42,966 619 304 7,549 566 41,589 7,156 247 176 299 95 788 6,586 2,168 734 1,326 108,725 7,589 1,705 573 516 331 4,870 4,357 31,365 976 16,952 1,214 1,351 105,814 2,572 43,474 123 227 138,247 2,969 88 19,012 494 1,481 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

~167~

		June 30,2024	June 30,2024	June 30,2024
Item	Trading category	Openpositions		Contract size or paid for (received from) premium	Fairvalue	Note
		Long/ Short	Number of contracts
	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 Long Short Short Short Long Short Short Long Long Long Short Long Short Long Short Long Short Long Long Long Long Short Long Long Long Short Short Long Short Long Short Short Short Short Short Short Short Short Long Short Short Short Short Short Long Short Short Long	29 5 1,180 440 3 5 235 140 41 179 49 20 9 136 41 142 39 2 28 54 31 3 11 115 245 23 38 86 1 92 55 2,827 37 94 143 61 1 29 2 35 3 312 21 26 5 20 3 6 45	4,694 $ 157 313,984 91,937 1,072 10,017 1,078,930 14,171 2,055 19,225 94,364 38,546 1,378 16,672 2,958 5,148 2,033 234 2,247 2,028 2,366 490 1,824 8,677 6,129 1,747 4,471 11,670 390 13,952 1,993 53,659 2,523 9,791 59,960 3,207 1,038 18,366 508 2,037 169 8,441 2,007 72,931 673 4,315 253 685 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

~168~

		June 30,2024	June 30,2024	June 30,2024
Item	Trading category	Openpositions		Contract size or paid for (received from) premium	Fairvalue	Note
		Long/ Short	Number of contracts
	FIEGF FIEHF FIEKF FIEMF FIEPF FIEYF FIEZF FIFCF FIFEF FIFFF FIFGF FIFNF FIFQF FIFRF FIFRF FIFSF FIFTF FIFVF FIFWF FIFY1 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 Short Long Short Short Long Short Short Long Short Long Long Short Long Short Short Long Short Long Long Long Short Short Short Long Short Long Long Short Short Short Long Short Short Short Short Short Short Long Short Short Short Long Short Long Long Long Long Long	5 4 76 8 1 149 3 7 107 13 1 57 9 4 9 2 149 3 203 19 95 173 16 10 1 3 15 23 1 12 3 1 3 12 1 3 3 25 262 12 3 6 52 6 18 52 17 53 25	101 $ 931 2,685 930 2,102 2,384 388 308 7,875 5,436 2,405 7,947 1,889 3,116 6,853 71 24,185 198 7,446 1,514 5,074 9,132 2,649 1,388 608 1,067 2,333 3,527 72 8,615 693 318 308 3,913 446 353 126 12,967 10,401 2,710 275 200 6,129 607 6,698 3,365 1,309 1,829 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

~169~

		June 30,2024	June 30,2024	June 30,2024
Item	Trading category	Openpositions		Contract size or paid for (received from) premium	Fairvalue	Note
		Long/ Short	Number of contracts
	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 Short Long Short Long Short Short Short Short Short Short Short Long Long Long Long Short Short Short Short Long Short Long Long Short Short Short Short Short Short Short Short Short Long Short Short Short Short Short Long Short Short Long Long Short Long Short Short Short	18 1 1 8 34 5 2 4 1 4 7 4 15 23 9 176 1 6 4 3 11 13 72 18 28 60 25 2 2 5 1 2 19 175 12 1 6 5 4 1 23 2 19 866 1,422 10 1 1 4	3,635 $ 5,490 1,232 5,332 8,409 1,855 466 746 535 278 21,649 8,708 1,122 5,255 2,152 7,322 432 1,460 1,545 732 847 4,138 8,505 2,486 2,074 19,744 932 158 874 1,072 1,336 352 8,774 19,595 369 171 1,488 1,572 4,114 1,478 9,042 653 4,845 947,930 1,588,442 3,765 322 424 903	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

~170~

		June 30,2024	June 30,2024	June 30,2024
Item	Trading category	Openpositions		Contract size or paid for (received from) premium	Fairvalue	Note
		Long/ Short	Number of contracts
	FINEF FINGF FINIF FINJF FINLF FINMF FINOF FINQF FINSF FINUF FINVF FINWF FINYF FIODF FIOEF FIOLF FIOPF FIOQF FIORF FIOSF FIOTF FIOUF FIOVF FIOYF FIOZF FIPAF FIPBF FIPCF FIPEF FIPGF FIPHF FIPIF FIPJF FIPKF FIIPLF FIPMF FIPNF FIPPF FIPRF	Short Long Short Short Long Short Short Long Short Short Short Short Short Long Short Long Short Short Long Long Long Long Short Short Short Short Short Long Short Short Long Short Long Short Long Long Long Short Long	13 38 18 13 11 2 10 3 2 2 14 67 16 7 3 22 8 135 10 84 3 12 20 10 4 2 48 1 11 43 2 6 12 1 8 6 12 20 8	1,960 $ 10,143 1,755 1,337 2,585 380 4,210 2,504 274 133 6,937 84,983 29,641 1,738 60 6,025 8,889 90,597 1,091 2,344 871 2,634 6,913 476 1,376 677 2,566 193 1,723 2,570 9,360 27,272 11,420 99 617 1,900 2,712 2,402 2,259	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	Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade

~171~

==> picture [478 x 59] intentionally omitted <==

Item category	Short	contracts	from	) premium	Fa	irvalue	Note
FIPSF	Short	17	$	1,562	$	1,523	Trade
FIPTF	Long	4		6,256		6,472	Trade
FIPUF	Long	8		1,164		1,124	Trade
FIPVF	Short	4		21,375		21,240	Trade
FIPWF	Short	24		6,546		6,372	Trade
FIPXF	Short	5		11,323		13,550	Trade
FIPYF	Long	9		1,098		1,220	Trade
FIQAF	Long	19		9,304		9,196	Trade
FIQBF	Short	7		626		611	Trade
FIQCF	Short	19		2,128		2,143	Trade
FIQDF	Short	9		3,098		3,132	Trade
FIQFF	Short	115		10,251		11,144	Trade
FIQGF	Short	45		2,590		2,471	Trade
FIQIF	Short	10		141		174	Trade
FIQJF	Long	35		2,267		2,331	Trade
FIQLF	Long	4		1,408		1,456	Trade
FIQOF	Short	4		246		248	Trade
FIQPF	Short	1		58		57	Trade
FIQSF	Short	127		2,547		2,362	Trade
FIQUF	Short	1		91		86	Trade
FIQWF	Short	3		668		699	Trade
FIQXF	Short	90		16,160		16,092	Trade
FIQYF	Long	29		3,060		3,196	Trade
FIQZF	Short	194		10,374		10,418	Trade
FIRAF	Short	36		52,790		55,512	Trade
FIRBF	Short	2		462		476	Trade
FIRCF	Short	2		211		214	Trade
FIRDF	Short	1		82		83	Trade
FIREF	Short	1		250		256	Trade
FIRJF	Long	8		881		892	Trade
FIRLF	Short	5		270		294	Trade
FIRMF	Short	1		870		860	Trade
FIRNF	Short	35		10,470		11,550	Trade
FIROF	Short	2		394		384	Trade
FIRUF	Short	5		3,048		3,065	Trade
FIRVF	Short	40		1,429		1,560	Trade
FIRZF	Short	275		81,459		82,638	Trade
FISAF	Long	19		11,666		11,856	Trade
FISBF	Short	4		175		174	Trade
FISCF	Long	1		41		43	Trade
FISDF	Long	3		1,126		1,131	Trade
FISEF	Short	21		1,171		1,168	Trade
FISFF	Long	2		95		96	Trade
FISJF	Short	1		238		228	Trade

~172~

June 30, 2024

Item	Trading category	Openpositions	Openpositions	Contract size or paid for (received from) premium	Fairvalue	Note
		Long/ Short	Number of contracts
Options contract	SXF FITE FITF FITX FITX CL FTSE HO MGC MNQ MYM RB TU TWN US VIX TXO call TXO call TXO put TXO put TX1 call TX1 put TXO call TXO put TXO put TX2 put	Short Short Long Long Short Long Long Short Long Long Long Short Short Short Long Short Long Short Long Short Short Short Long Long Short Long	32 8 22 470 483 6 2 3 6 48 10 3 5 5 5 7 65 629 227 205 70 1 50 393 230 50	12,148 $ 39,065 43,777 1,978,949 2,174,011 15,861 6,767 10,484 4,503 62,378 6,471 10,260 33,115 12,436 19,350 3,248 926 3,827) ( 2,732 628) ( 428) ( 2) ( 523 1,735 489) ( 430	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 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 Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade Trade 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 futures merchants of trading counterparties when transaction of stock index futures default, so the credit risk of the Segment is low.

~173~

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:

June 30, 2025 USD EUR HKD JPY RMB Others Total Financial assets in foreign currencies Futures guarantee deposits receivable $ 61,189 ($ 1,803) $ 7,530 $ 5,561 $ 10,570 $ 10,010 $ 93,057 Note: As of June 30, 2025, foreign exchange rates of the above currencies to TWD were 1 USD = 29.300 TWD; 1 EUR = 34.350TWD; 1 HKD = 3.732 TWD; 1 JPY = 0.203 TWD; and 1 RMB = 4.091 TWD, respectively.

December 31, 2024 USD EUR HKD JPY RMB Others Total Financial assets in foreign currencies Futures guarantee deposits receivable $ 40,914 $ 1,690 $ 8,996 $ 4,818 $ 12,054 $ 15,065 $ 83,537 Note: As of December 31, 2024, foreign exchange rates of the above currencies to TWD were 1 USD = 32.785 TWD; 1 EUR = 34.140 TWD; 1 HKD = 4.222 TWD; 1 JPY = 0.210 TWD; and 1 RMB = 4.478 TWD, respectively.

June 30, 2024 USD EUR HKD JPY RMB Others Total Financial assets in foreign currencies Futures guarantee deposits receivable $ 52,023 ($ 721) $ 6,667 $ 2,699 $ 12,273 $ 15,640 $ 88,581 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.

~174~

C. The amount, period and uncertainty of liquidity risk, cash flow risk and future cash demand: As of June 30, 2025, 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

ging instrument are regularly evaluated. ivatives in financial statements: Margin deposits for the futures contract
Futures guarantee deposits receivable Excess margin	June 30,2025 December31,2024 5,462,693 $ 3,358,908 $ 3,603,989 $ 2,539,376 $	June 30,2024
		4,132,000 $
		2,187,020 $

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

Net gain (loss) from derivatives - future Excess margin $	3,603,989 2, $	539,376 2,187,020 $
Futures contract gain Option trading gain Futures contract loss Option trading loss Total	Six months ended June 30,2025	Six months ended June 30,2024
	1,084,066 $ 65,242 1,020,649) ( 57,267) ( 71,392 $	843,893 $ 43,497 580,408) ( 51,834) ( 255,148 $

~175~

(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 receivables, operation guaranteed deposits, accounts payable and other 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, 2025 and 2024, 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.

~176~

(C) Hierarchy of fair value estimation of financial instruments

Total 5,465,073 $ 2,117	Level 1 Level 2 5,465,073 $ - $ 2,117 - December 31,2024 June 30,2025	Level 3
		- $ -
Total 3,359,076 $ Total 4,136,411 $ 4,189	Level 1 Level 2 3,359,076 $ - $ Level 1 Level 2 4,136,411 $ - $ 4,189 - June 30,2024	Level 3
		- $ Level 3
		- $ -

~177~

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

IMPLEMENTATION

==> picture [654 x 206] intentionally omitted <==

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

June 30, 2025 June 30, 2024
Article Calculation formula Standard Enforcement
Calculation Ratio Calculation Ratio
Stockholders’ equity 3,078,883 2,096,342 Met the
17 67.09 13.54 ≧1
－
(Total liability futures trader’s equity) 45,892 154,797 requirement
Current assets 7,236,133 5,296,581 Met the
17 157.68 34.22 ≧1
Current liabilities 45,892 154,797 requirement
Stockholders’ equity 3,078,883 2,096,342 ≧60% Met the
22 769.72% 524.09%
Minimum paid-in capital 400,000 400,000 ≧40% requirement
Adjusted net capital 2,081,288 1,062,141 ≧20%
Met the
22 Total amount of customer margins required 111.98% 54.61%
1,858,703 1,944,980 ≧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.

~178~

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)

~179~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT

STATEMENT OF CASH AND CASH EQUIVALENTS

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

	JUNE 30, 2025 (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 Total	Description USD 8 thousands, exchange rate: 29.300 HKD 12 thousands, exchange rate:3.732 CNY 50 thousands, exchange rate:4.091 Maturity Date: July 11, 2025 to April 27, 2026 Interest rates: 0.715%~1.720%	Amount $ 63,131 494 1,696,600 $ 1,760,225	Remark

~180~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENT OF FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS - CURRENT

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of financial instrument	Description	Shares or certificates 40 125 9 5 10 30 30	Par value (dollar)	Total amount	Interest rate(%)	Cost `＄` 27 5,462,693 818 1,483 119 38 37 190 119 2,804 `＄` 5,465,524	Fair value Unit price (dollars) Total amount `＄` - 5,462,693 693 1,256 112 12 1 204 102 2,380 `＄` 5,465,073	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 TXV Call TX1 Call TX1 Put TXO Put TX1 Put TXO Call TXO Put Total	Long Long Long Long Long Long Long								Trade Trade Trade Hedge Hedge Trade Trade

~181~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENT OF FUTURES GUARANTEE DEPOSITS RECEIVABLE JUNE 30, 2025

(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 `＄` 5,303,758 41,841 5,561 182 2,298 ( 1,803 ) 10,570 5,362,407 40,211 20,204 22,117 7,712 7,348 57,381 5,463 ( 2,769 ) 2,694 ＄ 5,462,693	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 USD THB HKD TWD USD	`＄` 1,423 26,912 49 57 ( 53 ) 2,533 755 8,503 1,969 ( 95 )	29.300 0.203 3.732 40.160 34.350 4.091 29.300 0.907 3.732 29.300

~182~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENT OF OTHER RECEIVABLES

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Item	Description Time deposit interest Monetary incentives	Amount $ 10,820 15 $ 10,835	Remark
Interest receivable Other receivable Total

~183~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENT OF CHANGES IN PROPERTY, PLANT AND EQUIPMENT FOR THE SIX MONTHS ENDED JUNE 30, 2025

	FOR THE SIX MONTHS ENDED JUNE 30, 2025	FOR THE SIX MONTHS ENDED JUNE 30, 2025	FOR THE SIX MONTHS ENDED JUNE 30, 2025	FOR THE SIX MONTHS ENDED JUNE 30, 2025
Item	(Expressed in thousands of New Taiwan dollars) Beginning balance Increased Decreased Ending balance $ 9,552 $ 175 $ - $ 9,727 398 - - 398 $ 9,950 175$ - $ 10,125				Collateral	Remark
Computer equipment Leasehold improvements Total	$ 9,552 398	$ 175 -	$ - -	$ 9,727 398	No No
	$ 9,950	175	$ -	$ 10,125

~184~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENT OF CHANGES IN ACCUMULATED DEPRECIATION OF PROPERTY, PLANT AND EQUIPMENT FOR THE SIX MONTHS ENDED JUNE 30, 2025

Item	(Expressed in thousands of New Taiwan dollars) Beginningbalance Increased Decreased ( $ 4,335) ( $ 1,131) $ - ( 13) ( 40) - ( $ 4,348) ( $ 1,171) $ -	(Expressed in thousands of New Taiwan dollars) Beginningbalance Increased Decreased ( $ 4,335) ( $ 1,131) $ - ( 13) ( 40) - ( $ 4,348) ( $ 1,171) $ -	(Expressed in thousands of New Taiwan dollars) Beginningbalance Increased Decreased ( $ 4,335) ( $ 1,131) $ - ( 13) ( 40) - ( $ 4,348) ( $ 1,171) $ -	Endingbalance ( $ 5,466) ( 53) ( $ 5,519)	Remark
Computer equipment Leasehold improvements Total	( $ 4,335) ( 13)	( $ 1,131) ( 40)			Note 1 Note 2
	( $ 4,348)	( $ 1,171)	$ -

Note 1: The useful lives of computer equipment are 3 to 5 years. Note 2: The useful lives of leasehold improvements are 5 years.

~185~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENT OF CHANGES IN INTANGIBLE ASSETS FOR THE SIX MONTHS ENDED JUNE 30, 2025

	FOR THE SIX MONTHS ENDED JUNE 30, 2025	FOR THE SIX MONTHS ENDED JUNE 30, 2025	FOR THE SIX MONTHS ENDED JUNE 30, 2025
Item	(Expressed in thousands of New Taiwan dollars) Beginning balance Increased Decreased $ 5,529$ 315( $ 1,498)			Ending balance	Remark
Computer software	$ 5,529	$ 315	( $ 1,498)	$ 4,346	Note

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

~186~

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

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

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

~187~

Name of financial instrument	Description Short Short Short Short Short Short	Shares or certificates	PRESIDENT SECURITIES CORPORATION-FUTURES SEGMENT STATEMENT OF FINANCIAL LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS-CURRENT JUNE 30, 2025 (Expressed in thousands of New Taiwan dollars) Fairvalue Changes in the fair value attributable to changes in credit risk Par value (dollar) Total amount Interest rate(%) Cost Unit price (dollars) Total amount `＄` 264 `＄` 200`＄`- 627 715 - 245 224 - 1,287 808 - 108 115 - 65 55 - `＄` 2,596 `＄` 2,117`＄`-	PRESIDENT SECURITIES CORPORATION-FUTURES SEGMENT STATEMENT OF FINANCIAL LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS-CURRENT JUNE 30, 2025 (Expressed in thousands of New Taiwan dollars) Fairvalue Changes in the fair value attributable to changes in credit risk Par value (dollar) Total amount Interest rate(%) Cost Unit price (dollars) Total amount `＄` 264 `＄` 200`＄`- 627 715 - 245 224 - 1,287 808 - 108 115 - 65 55 - `＄` 2,596 `＄` 2,117`＄`-	PRESIDENT SECURITIES CORPORATION-FUTURES SEGMENT STATEMENT OF FINANCIAL LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS-CURRENT JUNE 30, 2025 (Expressed in thousands of New Taiwan dollars) Fairvalue Changes in the fair value attributable to changes in credit risk Par value (dollar) Total amount Interest rate(%) Cost Unit price (dollars) Total amount `＄` 264 `＄` 200`＄`- 627 715 - 245 224 - 1,287 808 - 108 115 - 65 55 - `＄` 2,596 `＄` 2,117`＄`-	Remark
				Total amount	JUNE 30, 2025 (Expressed in thousands of New Taiwan dollars) Fairvalue Interest rate(%) Cost Unit price (dollars) Total amount `＄` 264 `＄` 200 627 715 245 224 1,287 808 108 115 65 55 `＄` 2,596 `＄` 2,117
Options sold TXO Call TXV Put TX1 Call TX1 Put TXO Call TXO Put Total		64 40 100 125 10 10				Trade Trade Trade Trade Trade Trade

~188~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENT OF ACCOUNTS PAYABLE

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Name of client Description Amount Remark Non-related parties: National Taxation Bureau Futures exchange tax $ 184

~189~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENT OF OTHER PAYABLES

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Item Service charge payable Clearance fee payable Salaries payable Bonuses payable Others Total	Description	Amount $ 2,663 1,573 2,466 35,445 1,444 $ 43,591	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.

~190~

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

JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Item Inter-department account Total	Description Futures margin – hedged ( Futures margin – non-hedged Others	Amount $ 8,492,217 ) 12,622,870 3,017 $ 4,133,670	Remark

~191~

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

FOR THE SIX MONTHS ENDED JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Item Gain from derivatives Futures contract gain - non-hedged Futures contract gain - non-hedged Subtotal Option trading gain - non-hedged Option trading gain - non-hedged Subtotal Total Loss from derivatives Futures contract loss - non-hedged Futures contract loss - non-hedged Subtotal Option trading loss - non-hedged Option trading loss - non-hedged Subtotal Total Total	Description Realised Unrealised Realised Unrealised Realised Unrealised Realised Unrealised	Amount	Remark
		`＄` 1,073,982 10,084
		1,084,066
		64,767 475
		65,242
		1,149,308
		( 1,029,524 ) 8,875
		( 1,020,649)
		( 56,908 ) ( 359)
		( 57,267)
		( 1,077,916)
		`＄` 71,392

~192~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT

STATEMENT OF EMPLOYEE BENEFITS, DEPRECIATION, AMORTIZATION, AND OTHER OPERATING EXPENSES FOR THE SIX MONTHS ENDED JUNE 30, 2025

(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 30,2025 $ 30,729 3,478 740 1,130 1,171 1,498 73,725 $ 112,471	Six months ended June 30,2024 $ 105,263 2,310 722 790 1,012 2,054 47,476 $ 159,627	Remark

Note `：`

For the six months ended June 30, 2025 and 2024, the Segment had 21 and 19 employees, respectively. There were no directors concurrently serving as employees during both periods.

~193~

PRESIDENT SECURITIES CORPORATION - FUTURES SEGMENT STATEMENT OF OTHER GAINS AND LOSSES FOR THE SIX MONTHS ENDED JUNE 30, 2025

(Expressed in thousands of New Taiwan dollars)

Item Financial income Net currency exchange loss Monetary incentives from TAIFEX Others Total	Description (	Amount Remark $ 13,956 14,450 ) 5,570 478 $ 5,554	Remark

~194~

AI assistant

PSC — Audit Report / Information 2025

52209_rns_2025-12-26_0e920d4b-9cd3-461e-a57a-636516aed99e.pdf

PRESIDENT SECURITIES CORPORATION

PARENT COMPANY ONLY FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS’

REPORT

INDEPENDENT AUDITORS’ REPORT TRANSLATED FROM CHINESE

Opinion

Basis for opinion

Key audit matters

Fair value measurement of unlisted stocks without active market

Description

How our audit addressed the matter

Other matter – Reference to the audits of other auditors

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

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

PRESIDENT SECURITIES CORPORATION PARENT COMPANY ONLY BALANCE SHEETS JUNE 30, 2025, DECEMBER 31, 2024 AND JUNE 30, 2024

PRESIDENT SECURITIES CORPORATION PARENT COMPANY ONLY BALANCE SHEETS JUNE 30, 2025, DECEMBER 31, 2024 AND JUNE 30, 2024

PRESIDENT SECURITIES CORPORATION PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME SIX MONTHS ENDED JUNE 30, 2025 AND 2024

PRESIDENT SECURITIES CORPORATION PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME SIX MONTHS ENDED JUNE 30, 2025 AND 2024

PRESIDENT SECURITIES CORPORATION

PARENT COMPANY ONLY STATEMENTS OF CHANGES IN EQUITY SIX MONTHS ENDED JUNE 30, 2025 AND 2024

PRESIDENT SECURITIES CORPORATION

PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS

SIX MONTHS ENDED JUNE 30, 2025 AND 2024

PRESIDENT SECURITIES CORPORATION

PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS

SIX MONTHS ENDED JUNE 30, 2025 AND 2024

PRESIDENT SECURITIES CORPORATION

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED JUNE 30, 2025 AND 2024

1. HISTORY AND ORGANIZATION

2) Effect of new issuances of or amendments to IFRS Accounting Standards as endorsed by

the FSC but not yet adopted by the Company

4. SUMMARY OF MATERIAL ACCOUNTING POLICIES

1) Compliance statement

3) Employee benefits

4) Income tax

5. CRITICAL ACCOUNTING JUDGEMENTS, ESTIMATES AND KEY SOURCES OF ASSUMPTION UNCERTAINTY

6. DETAILS OF SIGNIFICANT ACCOUNTS

1) Cash and cash equivalents

2) Financial assets at fair value through profit or loss

3) Financial assets at fair value through other comprehensive income

4) Bonds purchased under resale agreements

5) Margin loans receivable

6) Receivable of securities business money lending

7) Accounts receivable

8) Other receivables

9) Other current assets

10) Transfer of financial assets

11) Offsetting financial assets and financial liabilities

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

(1) Financial assets

June 30, 2024

(2) Financial liabilities

December 31, 2024

June 30, 2024

12) Investments accounted for under the equity method

Balance sheet

13) Property and equipment

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

16) Investment property

17) Intangible assets

Six months ended June 30, 2025

18) Other non-current assets

19) Short-term loans

20) Commercial papers payable

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

22) Bonds sold under repurchase agreements

23) Accounts payable

24) Other payables

25) Other financial liabilities - current

26) Other liabilities - non-current

27) Pension plan

B. Defined contribution plans:

28) Equity/Subsequent Events

A. Common stock

C. Legal reserve

30) Brokerage handling fee revenue

31) Revenues from underwriting business

PSC Audit Report / Information 2025