PSC — Interim / Quarterly Report 2021

Jun 28, 2021

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2021.06.28

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

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

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

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

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

2021 H1 Overview

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Same period of 2-Years Consolidated Revenues
100 Mil NTD 22
25
13
15 10 10
5 5 5
3 3
5
(4)
Jan Feb Mar Apr May
(5)
2020 2021
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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

Condensed Financial Statements

Condensed Balance Sheets Condensed Income Statements

	2021 Q1 2020 Q1 87,723 52,255 11,580 9,862 99,303 62,117 68,706 36,193 148 145 68,854 36,338 13,998 13,724 16,451 12,055 30,449 25,779		2021 Q1 2020 Q1
Current Assets Non-Current Assets		Revenues	2,436 68 154 229 1,272 853
		Operating Expenditures Operating Expenses Operating Income Other Income and Costs Income Before Tax Income Tax Expense
Total Assets
Current Liabilities Non-Current Liabilities			1,010 (1,014) 96 71
			1,106 (943) 157 (20)
Total Liabilities
Capital Common Stock Other Equity		Net Income	949 (923) 93 2
		Other Comprehensive Income Total Comprehensive Income
			1,042 (921)
Total Equity		EPS(NTD)	0.68 (0.66)

Unit：Million NTD

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

Same period of 5-Years Operating Performances

100 Mil NTD

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30.00
24.36
25.00
19.04
20.00 17.82
15.00
9.24 9.49
7.22 9.54
10.00
5.00 1.13
0.68
0.00
-5.00 -9.24
-10.00
-15.00
2017 Q1 2018 Q1 2019 Q1 2020 Q1 2021 Q1 Year
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Revenue Net Income
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President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan

Income of Income rose much because of Commission high volume of trading Fee

Securities Loan & Loan balance rise Non-restricted Purpose continuously Loan

1. Increase in friends of Line by 108% compared with the corresponding period last year Digital 2. Young fans in Instagram account for Marketing 70% 3. Increase in YouTube subscription by 90% compared with the corresponding period last year Increase in income of Investment investment link Discretionary investment- Link product by oriented link Product 92.6% compared product raised Business with the 600 millions corresponding period last year COVID-19 1. Demand of medical and corporate client insurance business Impact 2. Demand of dealing on mobile

Business Development

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Proprietary
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Brokerage
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Income
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Demand rebounded after the European and American epidemics slowed down and Taiwanese firms benefited from the need to transfer orders and replenish. The Proprietary department fully grasped the mainstream stocks, and the profit performance was great.

Q1 Performance

Cut down the numbers of positions, keep strong ones and eliminate the weak ones, supplement by futures hedging positions to reduce risk

COVID-19 Impact

	Business				Fixed Income Brokerage－
	Focus				International Bonds
				Strengthen
				mainstream High-NI
	Develop	currency sovereign debt and credit individual and corporate client
				debt trading business License
				capabilities
	Search for new				Foreign Commission fee
	fixed income				exchange related
	products				~~5~~ business businesses

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

	Q1 Performance 2021Q1 set a new high in the same period in the past five years. As of May, it has been profitable for more than 2020	Q1 Performance 2021Q1 set a new high in the same period in the past five years. As of May, it has been profitable for more than 2020			Business Performance RankedNo.2in securities firm concurrently engaged in futures brokerage	Business Performance RankedNo.2in securities firm concurrently engaged in futures brokerage
	Market Share 2020 Q1 0.96% 2021 Q1 3.82%				Program transaction Quantitative Arbitrage Strategies For Futures
		Meet the SPO Looking for high-				And ETFs
	Develop	fundraising needs quality companies
		of listed companies to go public				Futures And Options Oversea Futures Actuals
	Structured Products ETN Equity Options	Quantitative Trading SWOT Underwriting Business Wealth Management Financial Product Business The sales volume of the overall structured products maintain stably the top 5 in the market 1. Numbers of warrants ranked No.1 in the market 2. Developing Asia Semiconductor Index ETN and Electric Vehicle Concept Stock Index 3. Adjust issuing strategy Market share 34.62% Ranked No.1 in the market Business Development				Market Making Business Arbitrage Trading Business Department Goal Optimizing the control of risks and IT systems for long-term surplus Business Performance Trust level, numbers of opening and market share are better than last year Business Developing High-level Asset Customers Small Denomination s Bonds
	COVID-19 Impact	Increases the difficulty of hedging in warrant Increase of strategic trading arbitrage opportunities				(Including Loosening Laws) Plan to add more issuing institutions of offshore structured products.

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

Cov-19 Response team

The administration department set up an epidemic task force on January 30, 2020. Predicting the impacts of epidemic outbreaks and develop response

measures to maintain the normal operation of the

company.

Staggered work schedules

1. The employees began to work remotely and work from home on May 19.

2. Adjust attendance times to reduce contact with people.

3. Reduce headcount to less than 50%.

Epidemic prevention and control

1. Entrance control and temperature measurement are implemented at the gate.

2. Place disinfectant alcohol on all floors.

3. All companies carry out irregular cleaning and disinfection.

Staff and visitors management

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1. Conduct daily temperature checks and report their health status.

2. Control the status of going abroad during the epidemic prevention period.

3. Cancellation of guest visits and change to video calls.

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Epidemic prevention Conference and measures of PSC employee training

In order to avoid cross-floor contact with colleagues, internal meetings and educational training will be conducted via online video.

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Vaccination programme

To encourage staff to vaccinate, the company provides a subsidy for vaccination and two days of paid time off as benefit.

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

Q&A

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