PSC — Interim / Quarterly Report 2022

Aug 24, 2022

==> picture [336 x 28] intentionally omitted <==

2022.08.24

==> picture [249 x 86] intentionally omitted <==

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

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

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

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

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

Global Economic Overview

Global inflation continues to fester, with prices rising steadily.

• The IMF lowered its forecast for global economic growth in 2022 to 3.2% (down 0.4%).

• The problem of rising raw material prices and the imbalance between supply and demand persists.

• Fed raises interest rates to fight inflation. U.S. dollar continues to strengthen.

• The FED raised interest rates by another three yards in mid-July and has raised nine yards this year.

• The U.S. dollar index exceeded 108 in mid-July, hitting a new high in nearly 20 years.

China's economic development hit by lockdown policy.

==> picture [9 x 11] intentionally omitted <==

• China reported in mid-July that its Q2 GDP was 0.4%, declining 4.8% from Q1.

• The Chinese government has responded to global inflation with loose monetary policy and enacts fiscal stimulus.

Taiwan cut economic growth rate and PMI index tightened.

==> picture [9 x 11] intentionally omitted <==

• GDP growth for 2022 was revised down to 3.76%. (down 0.15%).

• The manufacturing PMI was 47.8%, decreasing 5.8% from the previous month.

==> picture [6 x 227] intentionally omitted <==

2

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

==> picture [720 x 16] intentionally omitted <==

Brief Introduction

Capital

NTD 145.58 Billion

Number of employees

1,689

==> picture [93 x 129] intentionally omitted <==

Date of Incorporation 1988.12.17

==> picture [110 x 186] intentionally omitted <==

Product and Services

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

Number of Branches 31

Affiliated Companies

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

3

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

Consolidated Balance Sheets

ITEM	2022 Q2%2021 Q2%
Current AssetsNon-Current Assets	87,00491%143,65594%8,6889%8,6986%
Total Assets	95,692100%152,353100%66,752100%121,684100%1840%1330%
Current LiabilitiesNon-Current Liabilities
Total Liabilities	66,936100%121,817100%14,55851%13,99846%14,19849%16,53854%
Capital Common StockOther Equity
Total Equity	Unit：Million NTD28,756100%30,536100%

4

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

Consolidated Income Statement

ITEM	2022 Q2%2021 Q2%
Revenues	2,556100%7,086100%2,698105%3,89355%
Operating ExpensesOperating IncomeOther Income and CostsIncome Before TaxIncome Tax Expense
	-142-5%3,19345%1024%2323%
	-40-1%3,42548%1235%3865%
Net Income	-163-6%3,03943%-93-4%1172%
Other Comprehensive IncomeTotal Comprehensive Income
	-256-10%3,15645%
EPS(NTD)	-0.11-2.09-

Unit：Million NTD

5

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

Same Period of 5 Years Operating Performances

100 MIL

==> picture [518 x 224] intentionally omitted <==

----- Start of picture text ----- 150營收 Revenue 淨利 Net Income 116.2295.8110071.4257.7440.1136.155023.74 25.5612.180-1.63-502018 2019 2020 2021 2022 Q2 YEAR----- End of picture text -----

資料來源：公開資訊觀測站

6

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

Business Development

==> picture [32 x 38] intentionally omitted <==

Brokera e Business g

Business profile

Both Securities Lending and Non-Restricted Purpose Loan grew significantly compared with the same period last year.

Marketing activities

Plan the “PSC Lazy Share Investment" regular deposit marketing campaign, and encourage young investors to enter the market through small monthly investments. Interested friends are welcome to click the link below for information.

==> picture [117 x 102] intentionally omitted <==

Business development

Dollar cost averaging service will be provided in August this year. Assisting investors achieve regular investment and steady financial management.

==> picture [33 x 37] intentionally omitted <==

Pro rietar p y Trading

Operations strategy

The department strictly implements the stop loss and substantially reduces the shareholding level, which effectively narrowed the losses in Q2.

Future Outlook

It is expected that under the influence of the global inventory adjustment, Taiwanese electronics manufacturers will also be relatively weak in performance.

==> picture [171 x 90] intentionally omitted <==

7

PSC Lazy Share Investment: President Securities Corporation | Tel : (02)8172-4668 | Add: No.8, Dongxing Rd., Songshan Dist., Taipei City , Taiwan https://eservices.pscnet.com.tw/dm/RegularQuota/index.php

Business Development

==> picture [32 x 38] intentionally omitted <==

Fixed Income Dealing

Treasury holdings

The recent bond market is facing a serious short trend, the bond department has substantially reduced foreign Treasury holdings.

Operations strategy

The bond department is expected to accumulate positions gradually as trading opportunities emerge.

==> picture [128 x 77] intentionally omitted <==

==> picture [33 x 38] intentionally omitted <==

Underwritin Business g

Underwriting performance

The underwriting market share declined compared with the same period last year, mainly due to the sluggish market conditions in the first half of this year .

Underwriting strategy

It is expected that there will be underwriting of SPO cases in the second half of the year, and the market share will rebound significantly.

==> picture [136 x 90] intentionally omitted <==

8

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

Business Development Wealth Management

Quantitative Trading

Business profile

Investment trust

The loss amount of the department has been significantly narrowed.

Non-discretionary Money Trust grew steadily, accounting for 4.46% of the market and ranked No. 8.

Net value per share ranked No. 3. Market making business ranked No. 4.

Business development

Operations strategy

Foreign Bond and Offshore Structured Notes have achieved outstanding results in this year. Both sales and revenue grew by double digits compared with the same period last year.

In the second half of this year, we will increase the proportion of non-directional strategy trading to cope with the impact of market volatility.

Financial Product Business

Market share

Share Options Business maintains ranked No.3. Structured Notes ranked No. 4.

Issue of call (put) warrants ranked No. 1.

ETN Business

The issued ETNs cover high dividends, 5G, electric vehicles, semiconductors and technology stocks in foreign markets, with a wide range of products.

==> picture [195 x 73] intentionally omitted <==

9

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

Vision of Sustainability

Four core value of P.S.C

==> picture [704 x 245] intentionally omitted <==

----- Start of picture text ----- C O R EComfortableness Opportunity Responsibility EqualityProvide real-time Inclusive Nurturing Keepassistance to social / financing / talents promotingeconomic Corporate social genderunderprivileged. responsibility equality----- End of picture text -----

10

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

Environmental Protection

==> picture [128 x 127] intentionally omitted <==

==> picture [172 x 124] intentionally omitted <==

ISO 14064-1

==> picture [174 x 126] intentionally omitted <==

Greenhouse Gas Inventory Certificated by SGS Obtained at July, 2022

Low-Carbon

CO2 emissions per capita 6.4% ↓

==> picture [126 x 125] intentionally omitted <==

ISO 14001

Environmental Management System Obtained at June, 2022

Sustainable

Management

Water Resources 12.36%↓ Waste 5% ↓ Energy 4.5% ↓

==> picture [117 x 117] intentionally omitted <==

ISO 14001 Green Purchase

CSR commitment of supplier Signed over 90.42%

Environmental Safety commitment of construction Signed over 94%

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

11

Q&A

==> picture [454 x 37] intentionally omitted <==