Common Stock Stock Code: 1720

圭達化學製藥股份有限公司
STANDARD CHEM. & PHARM. CO., LTD.

2026

Shareholders' Meeting Handbook

Meeting type: Physical Shareholders' Meeting
Time: 9:30 a.m. on Tuesday, May 12, 2026
Place: No. 154, Kaiyuan Rd., Tuku Village, Sinying District, Tainan City.

Disclaimer

This translated document is prepared in accordance with the Chinese version and is for reference only. In the event of any inconsistency between the English and Chinese versions, the Chinese version shall prevail.

I. Meeting Procedure 1
II. Meeting Agenda 2
III. Report Items 3
IV. Matters Proposed for Ratification 7
V. Matters Proposed for Discussion 9
VI. Extempore Motions 10

Attachments

Business Report 11
Independent Auditors’ Report and Financial Statements 14
Comparison Table for the “Articles of Incorporation” Amendments 37

Appendices

Articles of Incorporation (Before Amendment) 40
Rules and Procedures of Shareholders’ Meeting 47
Directors’ Shares Held at Present 61

I. Meeting Procedure

Standard Chem. & Pharm. Co., Ltd.

Procedure for the 2026 Annual Meeting of Shareholders

Call Meeting to Order
Chairperson Remarks
Report Items
Matters Proposed for Ratification
Matters Proposed for Discussion
Extempore Motions
Adjournment

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II. Meeting Agenda

Agenda of Annual Meeting of Shareholders

Meeting type : Physical Shareholders’ Meeting

Time : 9:30 a.m. on Tuesday, May 12, 2026

Place : No. 154, Kaiyuan Rd., Tuku Village, Sinying District, Tainan City.

Call Meeting to Order
Chairperson Remarks
Report Items
(1) 2025 Business Report
(2) Audit Committee’s Review Report on the 2025 Financial Results
(3) 2025 Annual Report on Remuneration of Employees and Directors
(4) Report on the 2025 Distribution of Cash Dividends
(5) Other Reports
Matters Proposed for Ratification
(1) Ratification of 2025 Business Report and Financial Statements
(2) Ratification of Proposed 2025 Profit Distribution Plan
Matters Proposed for Discussion
(1) Amendment to the “Articles of Incorporation”
(2) Capitalization of Earnings through Issuance of New Shares
(3) Release the Directors of the Company from Non-Competition Restrictions
Extempore Motions
Adjournments

III. Report Items

2025 Business Report

The overall operating results of Standard Chem. & Pharm. Co., Ltd. and its subsidiaries (the "Group") for 2025 are summarized as follows:

(1) Operating Income

The consolidated operating revenue for 2025 was NT$7,023 million, representing an increase of approximately 3.4% compared to 2024.

(2) Gross Profit

The consolidated gross profit for 2025 was NT$2,909 million, representing a decrease of approximately 2.7% compared to 2024, primarily due to changes in product mix and adjustments in production capacity.

(3) Operating Profit

The consolidated operating profit for 2025 was NT$1,363 million, representing a decrease of approximately 2.4% compared to 2024. The decline was mainly attributable to the decrease in gross profit. Although operating expenses decreased by approximately 2.9% compared to the previous year, the reduction was not sufficient to offset the impact of the decrease in gross profit, resulting in an overall decline in operating profit.

(4) Non-operating Income and expenses

The consolidated non-operating income and expenses for 2025 amounted to NT$151,084 thousand, representing a decrease of approximately 34.6% compared to the previous year, primarily due to the impact of exchange rate fluctuations, which resulted in an increase in foreign exchange losses.

In summary, net income for 2025 was NT$1,256 million, representing a decrease of 3.0% compared to 2024. Earnings per share for 2025 were NT$5.19, reflecting a 5.3% increase over the previous year.

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Audit Committee’s review report on the 2025 financial statements

Audit Committee’s Review Report

To Shareholders:

We have reviewed the Company's 2025 Business Report, Financial Statements, and Earnings Appropriation prepared by the Board of Directors. The standalone and consolidated financial statements were audited by PricewaterhouseCoopers Taiwan, to which they issued an unqualified opinion. Business Report, Financial Statements, and Earnings Appropriation has reviewed the abovementioned reports and found no misstatements. We hereby issue this report in accordance with Article 14-4 of the Securities and Exchange Act and Article 219 of the Company Act.

2026 Annual Meeting of Shareholders

Chairman of the Audit Committee: Hwei-Jiung Wang

February 24, 2026

2025 Annual Report on Remuneration of Employees and Directors

Approved by the Board of Directors on February 24, 2026, the distribution of remuneration for employees and directors for 2025 is as follows:

(1) Employee remuneration for 2025 is proposed to be distributed in the amount of NT$10,669,913. The amount accrued in the financial statements was NT$10,786,753. The over-accrued difference of NT$116,840 will be recognized in the profit or loss of 2026.

(2) In accordance with Article 14 of the Securities and Exchange Act and the Company's Articles of Incorporation, not less than 60% of the total employee remuneration shall be allocated to grassroots employees. The proposed amount of remuneration for grassroots employees for 2025 is NT$8,002,435, representing 75% of the total employee remuneration.

(3) Director remuneration for 2025 is distributed in the amount of NT$4,500,000, which is consistent with the amount accrued in the financial statements.

(4) Both the employee and director remuneration will be distributed in cash.

Report on the 2025 Distribution of Cash Dividends

Approved by a special resolution of the Board of Directors on February 25, 2025, the distribution of cash dividends for 2025 is as follows:

(1) Pursuant to Article 26-1 of the Company's Articles of Incorporation, a cash dividend of NT$2.0 per share will be distributed, totaling NT$357,392,178.

(2) Based on shareholders' holdings as recorded in the shareholders' register on the dividend record date, a cash dividend of NT$2.0 per share will be distributed. Amounts will be rounded down to the nearest whole New Taiwan dollar. Any remaining balance of less than NT$1 will be adjusted by the Chairperson through negotiation with specific parties, as authorized by the Board of Directors.

(3) The Chairperson is authorized to separately determine the dividend record date. The actual distribution amount shall be adjusted based on the number of outstanding shares on the record date and the applicable dividend rate.

Other Reports

(1) Pursuant to Article 172-1 of the Company Act, shareholders may submit proposals to the shareholders' meeting. No shareholder proposals were received for this annual shareholders' meeting.

(2) Execution Report on the Improvement Plan for the Overdue Loan Granted by Subsidiary Jiangsu Standard Biotech Pharmaceutical Co., Ltd. to Jiangsu

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Standard-Dia Biopharma Co., Ltd.:

① The outstanding balance of the loan granted by Jiangsu Standard Biotech Pharmaceutical Co., Ltd. (hereinafter referred to as “Jiangsu Standard”) to Jiangsu Standard-Dia Biopharma Co., Ltd. (hereinafter referred to as “Jiangsu Standard-Dia”) has exceeded the originally agreed loan term, and Jiangsu Standard-Dia is expected to be unable to repay the due amount. Accordingly, Jiangsu Standard has filed a petition with the local court for the bankruptcy liquidation of Jiangsu Standard-Dia. The court has accepted the case and the bankruptcy liquidation proceedings are currently in progress. In addition, a full allowance for doubtful accounts has been recognized, and an improvement plan has been established for regular follow-up.

② Prior to the full execution of the improvement plan, the implementation status will be disclosed quarterly and reported to the Board of Directors each quarter for supervision, and the execution status will be presented at the shareholders’ meeting.

③ The Company has recognized the cumulative losses and impairment of receivables under the equity method. As a result, there is no material impact on the Company’s financial position or operations.

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IV. Matters Proposed for Ratification

Proposed by the Board

Proposal:
Ratification of 2025 Business Report and Financial Statements

Explanation:
The 2025 Business Report (please refer to page 11-13) and Financial Statements of the Company (please refer to page 14-36) have been reviewed by the Audit Committee and approved by the Board of Directors.

Resolution:

Proposed by the Board

Proposal:
Proposal for the Distribution of Earnings for 2025, submitted for approval.

Explanation:
The distribution of earnings for 2025 is presented in the table below.

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Standard Chem. & Pharm. Co., Ltd.
Statement of Earnings Distribution
Year 2025

(Unit: NT$)

Item	Amount
After-tax net profit	$ 927,659,098
Add: Adjusted actuarial losses	11,415,599
Less: Disposal of financial assets at fair value through other comprehensive income	(4,458,585)
Less: Adjustment for non-pro rata subscription to newly issued shares of subsidiaries	(1,298,079)
Less: Appropriation to legal reserve	(93,331,803)
Less: Appropriation to special reserve	(106,191,352)
Distributable profit from year 2025	$ 733,794,878
Add: Undistributed earnings from previous period	2,153,465,106
Accumulated undistributed earnings	2,887,259,984
Less: Cash dividends to shareholders (NT$2 per share)	(357,392,178)
Stock dividends to shareholders (NT$1 per share)	(178,696,090)
Undistributed earnings as of the end of the period	$ 2,351,171,716

Note 1: Earning distribution for this year shall be based on the distributable profit from year 2025
Note 2: Actual cash dividend amount per share shall be calculated based on the stock register record shown on the distribution record date

Resolution:

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V. Matters Proposed for Discussion

Proposed by the Board

Proposal:
Amendment to the “Articles of Incorporation”

Explanation:
To accommodate future operational development and capital planning needs, it is proposed to increase the Company’s authorized capital to NT$2.5 billion. Please refer to Attachment 3 on page 37-39 for the comparison table of the proposed amendments.

Resolution:

Proposed by the Board

Proposal:
Capitalization of Earnings through Issuance of New Shares

Explanation:
(1) In order to meet the Company’s operational needs, it is proposed to appropriate NT$178,696,090 from the distributable earnings of 2025 as stock dividends, to be capitalized for the issuance of 17,869,609 new shares with a par value of NT$10 per share. Based on the shareholding recorded in the shareholders’ register on the ex-rights record date, shareholders will be entitled to receive 100 shares for every 1,000 shares held. Fractional shares of less than one share may be consolidated by shareholders within five days prior to the book closure date for the ex-rights through the Company’s stock affairs agent. Any remaining fractional shares that cannot be consolidated into whole shares will be paid in cash based on the par value, rounded to the nearest NT dollar (after deduction of custody book-entry fees or scripless registration fees). The corresponding shares will be authorized for subscription by specific persons at par value as designated by the Chairman.

(2) The new shares to be issued in this capital increase will carry the same rights and obligations as the existing issued shares and will be issued in scripless form.

(3) Upon approval by the shareholders’ meeting and submission to the competent authority for approval, the Board of Directors will be authorized to determine the ex-rights record date, distribution date, and other related matters.

(4) Should any amendments be required by the competent authority in connection with this capital increase, the Board of Directors is authorized to handle such

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amendments accordingly.

Resolution:

Proposed by the Board

Proposal:

Release of Directors from Non-Competition Restrictions

Explanation:

(1) The proposal is conducted pursuant to the Article 209, paragraph 1 of the Company Act.

(2) To meet operational needs, Director Hwei-Jiung Wang may invest in or operate companies engaged in businesses similar or identical to that of the Company, and may serve as a director of such companies. Provided that the Company's interests are not compromised, it is proposed to release him from the non-competition restrictions.

(3) The Director's business activities are listed as follow:

Title	Name	Company and Position
Director	Hwei-Jiung Wang	Botanicure Co., Ltd. — Director

Resolution:

VI. Extempore Motions

VII. Adjournments

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Attachments

Attachment 1:

Standard Chem. & Pharm. Co., Ltd.

2025 Business Report

Business Strategies

The Company focuses on the development of pharmaceutical products. By integrating upstream and downstream resources within the Group, the Company aims to expand its presence in markets such as the United States, Japan, China, and Southeast Asia, with the goal of becoming a world-class pharmaceutical company. The Company’s business strategies for the year are as follows:

(1) Continue to expand R&D investments
(2) Develop core technologies
(3) Actively expand international operations
(4) Strengthen internal management

Implementation Overview

The Company continued to invest in pharmaceutical research and development. In 2025, total R&D expenses amounted to NT$148,491 thousand, representing approximately 4% of total revenue. In addition to developing generic drugs, the Company has also been actively engaged in the development of new drug formulations, new drugs in Taiwan, and the research of innovative drugs on a global scale, aiming to enhance formulation technologies and develop higher value-added pharmaceutical products. To expand international business, in addition to markets in Japan, China, and Southeast Asia, the Company has also submitted ANDA applications to the U.S. FDA, bringing Standard Chem’s high-quality pharmaceutical products to the global market. Meanwhile, the Company continues to strengthen internal management through cost reduction initiatives and ongoing process improvements.

Results of Business Plan Implementation

For the year, the Company reported net revenue of NT$3,334,337 thousand, representing an increase of approximately 3.4% compared to the previous year. Among this, net revenue from human pharmaceuticals amounted to NT$3,209,930 thousand, accounting for 96.3% of total revenue. Net revenue from health supplements amounted to NT$123,337 thousand, representing 3.7% of total revenue, while other revenue totaled NT$1,070 thousand.

The gross profit margin for the year declined compared to the previous year,

primarily due to production capacity adjustments that resulted in fewer production batches. Operating expenses decreased by approximately 5.5% compared to the previous year, while operating profit increased by approximately 2.6%.

In terms of non-operating income and expenses, the total decreased by approximately 9.8% compared to the previous year, mainly due to the recognition of foreign exchange losses and a decrease in gains from long-term equity investments.

Overall, the Company recorded net income after tax of NT$927,659 thousand for 2025, representing an increase of approximately 5.4% compared to 2024.

The execution status of the 2025 budget is presented as follows.

4. Operation Summary

Unit: NTD thousand

Items	Amount
Net Sales	3,334,337
Gross Profit	1,575,173
Income from Operations	771,514
Non-operating Income/Expenses	280,183
Income Before Income Tax	1,051,697
Net Income	927,659
Basic Earnings per shares (NTD)	5.19

5. Budget Implementation

Unit: NTD thousand

Items	2025 Budget	2025 Actual	Achievement%
Net sales	3,354,431	3,334,337	99.40
Costs	1,701,314	1,759,164	103.40
Gross Profit	1,653,117	1,575,173	95.29
Operating exp.	852,105	803,659	94.31
Income from Operations	801,012	771,514	96.32
Pre-tax income	1,041,149	1,051,697	101.01

6. Profitability Analysis

Items	Ratio (%)
Return on Total Assets	12.96
Return on Shareholders’ Equity	15.42
Operating income/paid-in capital ratio	43.17
Gain before tax/paid-in capital ratio	58.85
Net Margin	27.82
Basic Earnings per share (NTD)	5.19

7. Research and Development

In 2025, the Company's total R&D expenditure amounted to NT$148,491 thousand. Most of the research technologies were developed in-house, and all new products will apply for pharmaceutical product licenses. In addition to domestic product development, the Company has further strengthened the development of internationally oriented products. The major achievements are summarized as follows:

(1) Domestic pharmaceutical formulations: 6 registration applications were submitted, and 5 approvals were obtained.
(2) International pharmaceutical formulations: 5 registration applications were submitted, and 8 approvals were obtained.
(3) Food products: 1 registration application was submitted, and 1 approval was obtained.
(4) New pharmaceutical products launched: 4 products were successfully mass-produced and launched to the market.
(5) BA/BE studies: 3 applications were submitted, and 5 approvals were obtained.

The Company will continue to invest in the research and development of new formulations and active pharmaceutical ingredients (APIs) in the coming years.

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Attachment 2:

INDEPENDENT AUDITORS' REPORT TRANSLATED FROM CHINESE

To the Board of Directors and Shareholders of STANDARD CHEM. & PHARM. CO., LTD.

Opinion

We have audited the accompanying parent company only balance sheets of STANDARD CHEM. & PHARM. CO., LTD. (the “Company”) as of December 31, 2025 and 2024, and the related parent company only statements of comprehensive income, of changes in equity and of cash flows for the years then ended, 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 reports of other auditors (refer to Other matter section), the accompanying parent company only financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2025 and 2024, and its financial performance and its cash flows for the years then ended in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers.

Basis for opinion

We conducted our audits in accordance with the Regulations Governing Financial Statement 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. Based on our audits and the reports of other auditors, we believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Key audit matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the Company’s 2025 parent company only financial statements.

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 of the Company’s 2025 parent company only financial statements is as follows:

Existence of domestic sales revenue from human medicines

Description

Refer to Note 4(27) for accounting policies on revenue recognition. Revenue is recognized when control of the products has transferred, being when the products are delivered to the customer, the customer has full discretion over the channel and price to sell the products, and there is no unfulfilled obligation that could affect the customer’s acceptance of the products.

The Company is primarily engaged in the manufacturing and sales of human medicines.

The Company’s sales is mainly domestic-based and its customers are numerous, including hospitals, clinics and pharmacies all over the country. Since the sales transactions are numerous and would require a longer period for verification, we considered the existence of domestic sales revenue from human medicines a key audit matter.

How our audit addressed the matter

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

Assessed the consistency and effectiveness of internal control relevant to sales revenue recognition.
Assessed basic information of the major customers, including the details of the chairman and major shareholders, registered address, principal place of business, capital and main business activities, etc.
Selected samples of sales transactions and checked against related supporting documentation, including unit prices, quantities, reasonableness of sales allowance recognition, waybill and subsequent cash collection.

Other matter – Reference to the audits of other auditors

We did not audit the financial statements of the investments accounted for under 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 reports of the other auditors. The balance of these investments accounted for under equity method amounted to $302,640 thousand and $389,749 thousand, constituting 4.05% and 5.67% of total assets as of December 31, 2025 and 2024, respectively, and the share of comprehensive income of subsidiaries, associates and joint ventures accounted for under equity method amounted to ($21,999)

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thousand and (\$6,775) thousand, constituting (3.05%) and (0.67%) of total comprehensive income for the years then ended, respectively.

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

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

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

Those charged with governance, including 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 judgment and professional skepticism throughout the audit. We also:

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

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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.
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 audit. We remain solely responsible for our audit opinion.

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

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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.

Yeh, Fang-Ting

Independent Accountants

Hsu, Huei-Yu

PricewaterhouseCoopers, Taiwan

Republic of China

February 24, 2026

The accompanying parent company only financial statements are not intended to present the financial position and results of operations 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 Taiwan 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.

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STANDARD CHEM. & PHARM. CO., LTD.
PARENT COMPANY ONLY BALANCE SHEETS
DECEMBER 31, 2025 AND 2024
(Expressed in thousands of New Taiwan dollars)

	Assets	Notes	December 31, 2025		December 31, 2024
			AMOUNT	%	AMOUNT	%
Current assets
1100	Cash and cash equivalents	6(1)	$ 344,945	5	$ 300,865	5
1110	Financial assets at fair value through profit or loss - current	5(2) and 6(3)	-	-	1,083	-
1136	Financial assets at amortised cost - current	6(2) and 8	237,401	3	8,000	-
1150	Notes receivable, net	6(5), 7 and 12	87,087	1	91,597	1
1170	Accounts receivable, net	6(5), 7 and 12	659,898	9	622,288	9
1200	Other receivables	7	3,446	-	13,573	-
130X	Inventories	5(2) and 6(6)	731,818	10	755,691	11
1410	Prepayments	7	70,992	1	59,733	1
1479	Other current assets		1,983	-	2,474	-
11XX	Total current assets		2,137,570	29	1,855,304	27
Non-current assets
1510	Financial assets at fair value through profit or loss - non-current	5(2) and 6(3)	7,740	-	7,643	-
1517	Financial assets at fair value through other comprehensive income - non-current	5(2) and 6(4)	391,014	5	483,025	7
1535	Financial assets at amortised cost - non-current	6(2)	90,741	1	-	-
1550	Investments accounted for under equity method	6(7) and 7	3,178,163	42	3,132,078	46
1600	Property, plant and equipment	6(8) and 7	1,310,096	18	1,068,122	16
1755	Right-of-use assets	6(9) and 7	6,882	-	8,684	-
1760	Investment property, net	6(10)	62,343	1	62,558	1
1780	Intangible assets	6(11)	2,352	-	2,567	-
1840	Deferred income tax assets	6(25)	76,884	1	76,632	1
1915	Prepayments for equipment	6(8) and 7	159,447	2	142,844	2
1920	Guarantee deposits paid		40,648	1	22,249	-
1990	Other non-current assets		6,518	-	8,975	-
15XX	Total non-current assets		5,332,828	71	5,015,377	73
1XXX	Total assets		$ 7,470,398	100	$ 6,870,681	100

(Continued)

(Expressed in thousands of New Taiwan dollars)

STANDARD CHEM. & PHARM. CO., LTD.
PARENT COMPANY ONLY BALANCE SHEETS
DECEMBER 31, 2025 AND 2024

	Liabilities and Equity	Notes	December 31, 2025		December 31, 2024
			AMOUNT	%	AMOUNT	%
Current liabilities
2100	Short-term borrowings	6(12)	$ 530,000	7	$ 110,000	2
2130	Contract liabilities - current	6(18)	39,657	1	43,587	1
2150	Notes payable		20,874	-	153,311	2
2170	Accounts payable	7	257,767	3	131,634	2
2200	Other payables	7	279,214	4	262,150	4
2230	Current income tax liabilities	6(25)	74,909	1	106,239	1
2280	Lease liabilities - current	6(9) and 7	5,063	-	5,030	-
2310	Receipts in advance		120	-	320	-
21XX	Total current liabilities		1,207,604	16	812,271	12
Non-current liabilities
2570	Deferred income tax liabilities	6(25)	61,992	1	62,900	1
2580	Lease liabilities - non-current	6(9) and 7	1,941	-	3,811	-
2640	Net defined benefit liabilities - non-current	6(13)	55,469	1	76,632	1
2645	Guarantee deposits received		8,962	-	8,535	-
2670	Other non-current liabilities	6(7)	9,785	-	1,517	-
25XX	Total non-current liabilities		138,149	2	153,395	2
2XXX	Total liabilities		1,345,753	18	965,666	14
Equity
Share capital
3110	Common stock	6(14)	1,786,961	24	1,786,961	26
3200	Capital surplus	6(7)(15)	301,112	4	300,128	4
	Retained earnings	6(4)(7)(16)(17)
3310	Legal reserve		1,055,980	14	964,252	14
3350	Unappropriated retained earnings		3,086,783	41	2,745,543	40
3400	Other equity interest	6(4)(7)(17)	( 106,191)	( 1)	108,131	2
3XXX	Total equity		6,124,645	82	5,905,015	86
	Significant contingent liabilities and unrecognised contract commitments	9
3X2X	Total liabilities and equity		$ 7,470,398	100	$ 6,870,681	100

STANDARD CHEM. & PHARM. CO., LTD.
PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME
FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024
(Expressed in thousands of New Taiwan dollars, except for earnings per share amounts)

Items	Notes	Year ended December 31
		2025		2024
		AMOUNT	%	AMOUNT	%
4000	Operating revenue	6(18) and 7	$ 3,334,337	100	$ 3,225,953	100
5000	Operating costs	6(6)(9)(11)(13)(23)(24) and 7	( 1,759,164)	( 53)	( 1,623,286)	( 50)
5900	Net operating margin		1,575,173	47	1,602,667	50
	Operating expenses	6(9)(11)(13)(23)(24) and 7
6100	Selling expenses		( 485,260)	( 15)	( 482,987)	( 15)
6200	General and administrative expenses		( 169,595)	( 5)	( 183,739)	( 6)
6300	Research and development expenses		( 148,491)	( 4)	( 179,635)	( 6)
6450	Expected credit loss	12	( 313)	-	( 4,330)	-
6000	Total operating expenses		( 803,659)	( 24)	( 850,691)	( 27)
6900	Operating profit		771,514	23	751,976	23
	Non-operating income and expenses
7100	Interest income	6(2)(19)	5,188	-	11,352	-
7010	Other income	6(4)(10)(20) and 7	152,257	5	86,059	3
7020	Other gains and losses	6(3)(7)(21), 7 and 12	( 5,202)	-	38,780	1
7050	Finance costs	6(8)(9)(22) and 7	( 1,857)	-	( 3,418)	-
7070	Share of profit or loss of subsidiaries, associates and joint ventures accounted for under equity method	6(7)
			129,797	4	177,747	6
7000	Total non-operating revenue and expenses		280,183	9	310,520	10
7900	Profit before income tax		1,051,697	32	1,062,496	33
7950	Income tax expense	6(25)	( 124,038)	( 4)	( 181,995)	( 6)
8200	Profit for the year		$ 927,659	28	$ 880,501	27
	Other comprehensive income (loss)
	Components of other comprehensive income (loss) that will not be reclassified to profit or loss
8311	Remeasurement of defined benefit plans	6(13)	$ 12,686	-	$ 38,791	1
8316	Unrealised (loss) gain on valuation of investments in equity instruments measured at fair value through other comprehensive income	6(4)(17)
			( 215,191)	( 6)	88,637	3
8330	Share of other comprehensive income of subsidiaries, associates and joint ventures accounted for under equity method - will not be reclassified to profit or loss	6(7)
			1,312	-	124	-
8349	Income tax related to components of other comprehensive income that will not be reclassified to profit or loss	6(25)
	Components of other comprehensive income (loss) that will be reclassified to profit or loss		( 2,537)	-	( 7,758)	-
8361	Financial statements translation differences of foreign operations	6(7)(17)
8380	Share of other comprehensive income of subsidiaries, associates and joint ventures accounted for under equity method - will be reclassified to profit or loss	6(7)(17)
			162	-	876	-
8300	Total other comprehensive (loss) income for the year		($ 207,366)	( 6)	$ 131,735	4
8500	Total comprehensive income for the year		$ 720,293	22	$ 1,012,236	31
	Earnings per share (in dollars)	6(26)
9750	Basic		$	5.19	$	4.93
9850	Diluted		$	5.18	$	4.92

STANDARD CHEM. & PHARM. CO., LTD.
PARENT COMPANY ONLY STATEMENTS OF CHANGES IN EQUITY
FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024
(Expressed in thousands of New Taiwan dollars)

	Notes	Common stock	Additional paid-in capital	Capital Surplus			Retained Earnings			Other Equity Interest		Total equity
				Difference between the price for acquisition or disposal of subsidiaries and carrying amount	Change in net equity of associates and joint ventures accounted for under equity method	Others	Legal reserve	Special reserve	Unappropriated retained earnings	Financial statements translation differences of foreign operations	Unrealised gains (losses) from financial assets measured at fair value through other comprehensive income
For the year ended December 31, 2024
Balance at January 1, 2024		$ 1,786,961	$ 152,088	$ 60,898	$ 10,366	$ 534	$878,245	$ 115,935	$ 2,280,812	($ 7,452)	$ 20,629	$ 5,299,016
Profit for the year		-	-	-	-	-	-	-	880,501	-	-	880,501
Other comprehensive income for the year	6(17)	-	-	-	-	-	-	-	30,363	11,941	89,431	131,735
Total comprehensive income for the year		-	-	-	-	-	-	-	910,864	11,941	89,431	1,012,236
Change in net equity of associates and joint ventures 6(7)(15) accounted for under equity method		-	-	-	76,170	-	-	-	-	-	-	76,170
Overdue cash dividends payable	6(15)	-	-	-	-	72	-	-	-	-	-	72
Disposal of financial assets at fair value through other comprehensive income	6(4)(17)	-	-	-	-	-	-	-	6,418	-	( 6,418 )	-
Distribution of 2023 earnings:
Legal reserve		-	-	-	-	-	86,007	-	( 86,007 )	-	-	-
Special reserve	6(16)	-	-	-	-	-	-	( 115,935 )	115,935	-	-	-
Cash dividends	6(16)	-	-	-	-	-	-	-	( 482,479 )	-	-	( 482,479 )
Balance at December 31, 2024		$ 1,786,961	$ 152,088	$ 60,898	$ 86,536	$ 606	$964,252	$ -	$ 2,745,543	$ 4,489	$ 103,642	$ 5,905,015
For the year ended December 31, 2025
Balance at January 1, 2025		$ 1,786,961	$ 152,088	$ 60,898	$ 86,536	$ 606	$964,252	$ -	$ 2,745,543	$ 4,489	$ 103,642	$ 5,905,015
Profit for the year		-	-	-	-	-	-	-	927,659	-	-	927,659
Other comprehensive income (loss) for the year	6(16)	-	-	-	-	-	-	-	11,415	( 3,636 )	( 215,145 )	( 207,366 )
Total comprehensive income (loss) for the year		-	-	-	-	-	-	-	939,074	( 3,636 )	( 215,145 )	720,293
Adjustment for non-proportional subscription to subsidiaries' new shares	6(6)(14)	-	-	-	-	-	-	-	( 1,298 )	-	-	( 1,298 )
Change in net equity of associates and joint ventures accounted for under equity method		-	-	-	878	-	-	-	-	-	-	878
Overdue cash dividends payable	6(14)	-	-	-	-	106	-	-	-	-	-	106
Disposal of financial assets at fair value through other 6(3)(16) comprehensive income		-	-	-	-	-	-	-	( 4,459 )	-	4,459	-
Distribution of 2024 earnings:
Legal reserve		-	-	-	-	-	91,728	-	( 91,728 )	-	-	-
Cash dividends	6(15)	-	-	-	-	-	-	-	( 500,349 )	-	-	( 500,349 )
Balance at December 31, 2025		$ 1,786,961	$ 152,088	$ 60,898	$ 87,414	$ 712	$1,055,91	$ -	$ 3,086,783	$ 853	$ 107,044	$ 6,124,645

STANDARD CHEM. & PHARM. CO., LTD.
PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024
(Expressed in thousands of New Taiwan dollars)

	Notes	Year ended December 31,
		2025	2024
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before tax		$ 1,051,697	$ 1,062,496
Adjustments
Adjustments to reconcile profit (loss)
Net (gain) loss on financial assets at fair value through profit and loss	6(3)(21)
Expected credit loss	12	( 2,679 )	1,702
Reversal of allowance for inventory market price decline	6(6)	313	4,330
Share of profit of subsidiaries, associates and joint ventures accounted for under equity method	6(7)	( 7,045 )	( 3,407 )
Loss on remeasurement of investments	6(7)(21)	( 129,797 )	( 177,747 )
Depreciation	6(8)(9)(10)	6	-
Net (gain) loss on disposal of property, plant and equipment	6(21)	128,437	111,382
Amortisation	6(23)	( 5 )	2
Dividend income	6(20)	9,007	8,743
Interest income	6(19)	( 90,527 )	( 11,603 )
Interest expense	6(22)	5,188 )	11,352 )
Changes in operating assets and liabilities		1,857	3,418
Changes in operating assets
Financial assets at fair value through profit or loss		3,665	1,176
Notes receivable		4,510	17,368
Accounts receivable		( 37,923 )	( 48,123 )
Other receivables		10,717	( 5,060 )
Inventories		30,918	( 48,130 )
Prepayments		( 11,259 )	( 10,833 )
Other current assets		491	1,757
Changes in operating liabilities
Contract liabilities - current		( 3,930 )	8,688
Notes payable		( 127,826 )	10,239
Accounts payable		126,133	( 35,126 )
Other payables		( 4,569 )	11,293
Receipts in advance		( 200 )	( 299 )
Net defined benefit liabilities - non-current		( 8,477 )	( 23,634 )
Cash inflow generated from operations		938,326	867,280
Dividends received		227,443	133,296
Interest received		4,598	14,153
Interest paid		( 1,641 )	( 3,680 )
Income tax paid		( 159,065 )	( 184,981 )
Net cash flows from operating activities		1,009,661	826,068

(Continued)

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STANDARD CHEM. & PHARM. CO., LTD.

PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024
(Expressed in thousands of New Taiwan dollars)

	Notes	Year ended December 31
		2025	2024
CASH FLOWS FROM INVESTING ACTIVITIES
Increase in financial assets at amortised cost - current		($ 229,401)	$ -
Increase in financial assets at amortised cost - non-current		( 90,741)	-
Acquisition of financial assets at fair value through other comprehensive income - non-current		( 153,729)	( 63,055)
Proceeds from disposal of financial assets at fair value through other comprehensive income - non-current	6(4)	30,549	12,504
Acquisition of investments accounted for under equity method	6(7)	( 47,632)	( 55,928)
Cash paid for acquisition of property, plant and equipment	6(27)	( 157,004)	( 159,436)
Interest paid for acquisition of property, plant and equipment	6(8)(22)(27)	( 3,583)	( 2,338)
Proceeds from disposal of property, plant and equipment		5	13,313
Acquisition of intangible assets	6(11)	( 1,159)	( 647)
Increase in prepayments for equipment		( 202,924)	( 153,940)
(Increase) decrease in guarantee deposits paid		( 18,399)	16,042
Increase in other non-current assets		( 5,176)	( 8,859)
Net cash flows used in investing activities		( 879,194)	( 402,344)
CASH FLOWS FROM FINANCING ACTIVITIES
Increase in short-term borrowings	6(28)	1,690,000	660,000
Decrease in short-term borrowings	6(28)	( 1,270,000)	( 1,010,000)
Payments of lease liabilities	6(28)	( 6,517)	( 6,006)
Increase (decrease) in guarantee deposit received	6(28)	427	198
Overdue cash dividends payable	6(15)	52	50
Payments of cash dividends	6(16)	( 500,349)	( 482,479)
Net cash flows used in financing activities		( 86,387)	( 838,633)
Net increase (decrease) in cash and cash equivalents		44,080	414,909
Cash and cash equivalents at beginning of year	6(1)	300,865	715,774
Cash and cash equivalents at end of year	6(1)	$ 344,945	$ 300,865

INDEPENDENT AUDITORS' REPORT TRANSLATED FROM CHINESE
To the Board of Directors and Shareholders of STANDARD CHEM. & PHARM. CO., LTD.

Opinion

We have audited the accompanying consolidated balance sheets of STANDARD CHEM. & PHARM. CO., LTD. and its subsidiaries (collectively referred herein as the "Group") as of December 31, 2025 and 2024, and the related consolidated statements of comprehensive income, of changes in equity and of cash flows for the years then ended, and notes to the consolidated financial statements, including a summary of material accounting policies.

In our opinion, based on our audits and reports of other auditors (refer to Other matter section), the accompanying consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Group as of December 31, 2025 and 2024, and its consolidated financial performance and its consolidated cash flows for the years then ended in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and the International Financial Reporting Standards, International Accounting Standards, IFRIC Interpretations, and SIC Interpretations that came into effect as endorsed by the Financial Supervisory Commission.

Basis for opinion

We conducted our audits in accordance with the Regulations Governing Financial Statement 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 consolidated financial statements section of our report. We are independent of the Group in accordance with the Norm of Professional Ethics for Certified Public Accountants of the Republic of China, and we have fulfilled our other ethical responsibilities in accordance with these requirements. Based on our audits and the reports of other auditors, we believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Key audit matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the Group's 2025 consolidated financial statements. These matters were addressed in the context of our audit of the consolidated financial

~25~

statements as a whole and, in forming our opinion thereon, we do not provide a separate opinion on these matters.

Key audit matter of the Group’s 2025 consolidated financial statements is stated as follows:

Existence of domestic sales revenue from human medicines and dietary supplements

Description

Refer to Note 4(27) for accounting policies on revenue recognition. Revenue is recognised when control of the products has transferred, being when the products are delivered to the customer, the customer has full discretion over the channel and price to sell the products, and there is no unfulfilled obligation that could affect the customer’s acceptance of the products.

The Group is primarily engaged in the manufacturing and sales of human medicines and dietary supplements. The Group’s sales is mainly domestic-based and its customers are numerous, including hospitals, clinics, pharmacies, food and drug administrations all over the country. Since the sales transactions are numerous and would require a longer period for verification, we considered the existence of domestic sales revenue from human medicines and dietary supplements a key audit matter.

How our audit addressed the matter

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

Assessed the consistency and effectiveness of internal control relevant to sales revenue recognition.
Assessed basic information of the major customers, including the details of the chairman and major shareholders, registered address, principal place of business, capital and main business activities, etc.
Selected samples of sales transactions and checked against related supporting documentation, including unit prices, quantities, reasonableness of sales allowance recognition, waybill and subsequent cash collection.

Other matter – Reference to the audits of other auditors

We did not audit the financial statements of certain investments accounted for under 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 reports of the other auditors. The balance of these investments accounted for under equity method amounted to $302,640 thousand and $389,749

~26~

thousand, constituting 2.57% and 3.49% of the consolidated total assets as of December 31, 2025 and 2024, respectively, and the share of comprehensive income of associates and joint ventures accounted for under equity method amounted to ($21,999) thousand and ($6,775) thousand, constituting (2.09%) and (0.47%) of the consolidated total comprehensive income for the years then ended, respectively.

Other matter – Parent company only financial reports

We have audited and expressed an unmodified opinion with other matter paragraph on the parent company only financial statements of STANDARD CHEM. & PHARM. CO., LTD. as of and for the years ended December 31, 2025 and 2024.

Responsibilities of management and those charged with governance for the consolidated financial statements

Management is responsible for the preparation and fair presentation of the consolidated financial statements in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and the International Financial Reporting Standards, International Accounting Standards, IFRIC Interpretations, and SIC Interpretations that came into effect as endorsed by the Financial Supervisory Commission, and for such internal control as management determines is necessary to enable the preparation of consolidated financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the consolidated financial statements, management is responsible for assessing the Group'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 Group or to cease operations, or has no realistic alternative but to do so.

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

Auditors’ responsibilities for the audit of the consolidated financial statements

Our objectives are to obtain reasonable assurance about whether the consolidated 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

~27~

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 consolidated financial statements.

As part of an audit in accordance with the Standards on Auditing of the Republic of China, we exercise professional judgment and professional skepticism throughout the audit. We also:

Identify and assess the risks of material misstatement of the consolidated 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 Group's internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.
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 Group'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 consolidated 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 Group to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the consolidated financial statements, including the disclosures, and whether the consolidated 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 Group to express an opinion on the consolidated financial statements. We are responsible for the direction, supervision and performance of the group audit. We remain solely responsible for our audit opinion.

~28~

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 consolidated 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.

Yeh, Fang-Ting

Independent Accountants

Hsu, Huei-Yu

PricewaterhouseCoopers, Taiwan

Republic of China.

February 24, 2026

The accompanying consolidated financial statements are not intended to present the financial position and results of operations 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 consolidated 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.

~29~

STANDARD CHEM. & PHARM. CO., LTD. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
DECEMBER 31, 2025 AND 2024
(Expressed in thousands of New Taiwan Dollars)

	Assets	Notes	December 31, 2025		December 31, 2024
			AMOUNT	%	AMOUNT	%
Current assets
1100	Cash and cash equivalents	6(1)	$ 1,833,746	16	$ 1,520,128	14
1110	Financial assets at fair value through profit or loss - current	6(3)	101,432	1	157,360	2
1136	Financial assets at amortised cost - current	6(2) and 8	449,871	4	134,500	1
1150	Notes receivable, net	6(5), 7 and 12	276,177	2	283,688	3
1170	Accounts receivable, net	6(5), 7 and 12	1,084,909	9	1,039,155	9
1200	Other receivables	7	9,560	-	16,567	-
1220	Current income tax assets	6(27)	253	-	720	-
130X	Inventory	5(2), 6(6)(8)	1,569,221	13	1,720,381	15
1410	Prepayments		134,284	1	126,905	1
1479	Other current assets		2,011	-	2,488	-
11XX	Total current assets		5,461,464	46	5,001,892	45
Non-current assets
1510	Financial assets at fair value through profit or loss - non-current	5(2) and 6(3)	11,653	-	11,267	-
1517	Financial assets at fair value through other comprehensive income - non-current	5(2) and 6(4)	416,522	4	508,242	5
1535	Financial assets at amortised cost - non-current	6(2)	90,741	1	-	-
1550	Investments accounted for under equity method	6(7) and 7	699,629	6	688,452	6
1600	Property, plant and equipment	6(8) and 8	4,225,363	36	4,128,811	37
1755	Right-of-use assets	6(9) and 7	254,755	2	260,641	2
1780	Intangible assets	6(10)(11)	208,433	2	207,731	2
1840	Deferred income tax assets	6(27)	129,565	1	132,264	1
1915	Prepayments for equipment	6(8)	198,274	2	159,487	2
1920	Guarantee deposits paid		48,055	-	28,783	-
1990	Other non-current assets	6(15)	51,449	-	47,975	-
15XX	Total non-current assets		6,334,439	54	6,173,653	55
1XXX	Total assets		$ 11,795,903	100	$ 11,175,545	100

(Continued)

STANDARD CHEM. & PHARM. CO., LTD. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
DECEMBER 31, 2025 AND 2024
(Expressed in thousands of New Taiwan Dollars)

	Liabilities and Equity	Notes	December 31, 2025		December 31, 2024
			AMOUNT	%	AMOUNT	%
Current liabilities
2100	Short-term borrowings	6(12) and 8	$ 660,000	6	$ 110,000	1
2130	Contract liabilities - current	6(20)	99,787	1	94,986	1
2150	Notes payable	7	180,251	2	360,766	3
2170	Accounts payable	7	405,789	3	242,304	2
2200	Other payables	6(13) and 7	591,297	5	573,375	5
2230	Current income tax liabilities	6(27)	133,526	1	195,817	2
2280	Lease liabilities - current	6(9) and 7	25,778	-	23,754	-
2310	Receipts in advance		1,511	-	583	-
2320	Long-term liabilities, current portion	6(14) and 8	59,027	-	59,027	1
2365	Refund liabilities - current	6(20)	-	-	320	-
21XX	Total current liabilities		2,156,966	18	1,660,932	15
Non-current liabilities
2540	Long-term borrowings	6(14) and 8	4,919	-	163,946	1
2570	Deferred income tax liabilities	6(27)	83,658	1	85,494	1
2580	Lease liabilities - non-current	6(9) and 7	199,100	2	203,701	2
2640	Net defined benefit liabilities - non-current	6(15)	55,469	-	76,632	1
2645	Guarantee deposits received		8,982	-	8,772	-
25XX	Total non-current liabilities		352,128	3	538,545	5
2XXX	Total liabilities		2,509,094	21	2,199,477	20
Equity attributable to owners of parent
Share capital
3110	Common stock	6(16)	1,786,961	15	1,786,961	16
3200	Capital surplus	6(7)(17)	301,112	3	300,128	2
	Retained earnings	6(4)(7)(18)(19)
3310	Legal reserve		1,055,980	9	964,252	9
3350	Unappropriated retained earnings		3,086,783	26	2,745,543	25
3400	Other equity interest	6(4)(7)(19)	( 106,191)	( 1)	108,131	1
31XX	Equity attributable to owners of the parent		6,124,645	52	5,905,015	53
36XX	Non-controlling interest	4(3)	3,162,164	27	3,071,053	27
3XXX	Total equity		9,286,809	79	8,976,068	80
	Significant contingent liabilities and unrecognised contract commitments	9
3X2X	Total liabilities and equity		$ 11,795,903	100	$ 11,175,545	100

STANDARD CHEM. & PHARM. CO., LTD. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

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

	Items	Notes	Year ended December 31
			2025		2024
			AMOUNT	%	AMOUNT	%
4000	Operating revenue	6(20) and 7	$ 7,023,025	100	$ 6,789,223	100
5000	Operating costs	6(6)(9)(10)(15)(25)
		(26) and 7	( 4,114,216 )	( 58 )	( 3,800,532 )	( 56 )
5900	Net operating margin		2,908,809	42	2,988,691	44
	Operating expenses	6(9)(10)(15)(25)(2
		6) and 7
6100	Selling expenses		( 849,679 )	( 12 )	( 823,212 )	( 12 )
6200	General and administrative expenses		( 438,531 )	( 6 )	( 469,546 )	( 7 )
6300	Research and development expenses		( 260,357 )	( 4 )	( 288,094 )	( 4 )
6450	Expected credit gains (losses)	12	2,550	-	( 11,523 )	-
6000	Total operating expenses		( 1,546,017 )	( 22 )	( 1,592,375 )	( 23 )
6900	Operating profit		1,362,792	20	1,396,316	21
	Non-operating income and expenses
7100	Interest income	6(2)(21)	29,040	-	37,727	-
7010	Other income	6(4)(22) and 7	147,665	2	157,579	2
7020	Other gains and losses	6(3)(9)(11)(23)(29)
		and 12	( 12,517 )	-	62,165	1
7050	Finance costs	6(8)(9)(24)(29) and
		7	( 8,448 )	-	( 15,069 )	-
7060	Share of loss of associates and joint ventures accounted for under equity method	6(7)
			( 4,656 )	-	( 11,359 )	-
7000	Total non-operating income and expenses		151,084	2	231,043	3
7900	Profit before income tax		1,513,876	22	1,627,359	24
7950	Income tax expense	6(27)	( 258,347 )	( 4 )	( 333,049 )	( 5 )
8200	Profit for the year		$ 1,255,529	18	$ 1,294,310	19

(Continued)

STANDARD CHEM. & PHARM. CO., LTD. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024
(Expressed in thousands of New Taiwan dollars, except for earnings per share amounts)

	Items	Notes	Year ended December 31
			2025		2024
			AMOUNT	%	AMOUNT	%
	Other comprehensive income (loss)
	Components of other comprehensive income (loss) that will not be reclassified to profit or loss
8311	Remeasurement of defined benefit plans	6(15)	$ 18,986	-	$ 41,214	1
8316	Unrealised (loss) gain on valuation of investments in equity instruments measured at fair value through other comprehensive income		( 214,900)	( 3)	90,593	1
8320	Share of other comprehensive loss of associates and joint ventures accounted for under equity method - will not be reclassified to profit or loss		( 229)	-	( 735)	-
8349	Income tax related to components of other comprehensive income that will not be reclassified to profit or loss		( 4,014)	-	( 8,243)	-
	Components of other comprehensive income (loss) that will be reclassified to profit or loss
8361	Financial statements translation differences of foreign operations		( 3,864)	-	12,155	-
8370	Share of other comprehensive income of associates and joint ventures accounted for under equity method - will be reclassified to profit or loss		997	-	191	-
8300	Total other comprehensive (loss) income for the year		($ 203,024)	( 3)	$ 135,175	2
8500	Total comprehensive income for the year		$ 1,052,505	15	$ 1,429,485	21
	Profit attributable to:
8610	Owners of the parent		$ 927,659	13	$ 880,501	13
8620	Non-controlling interest		327,870	5	413,809	6
			$ 1,255,529	18	$ 1,294,310	19
	Total comprehensive income attributable to:
8710	Owners of the parent		$ 720,293	10	$ 1,012,236	15
8720	Non-controlling interest		332,212	5	417,249	6
			$ 1,052,505	15	$ 1,429,485	21
	Earnings per share (in dollars)	6(28)
9750	Basic		$	5.19	$	4.93
9850	Diluted		$	5.18	$	4.92

~33~

STANDARD CHEM. & PHARM. CO., LTD. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

(Expressed in thousands of New Taiwan dollars)

Equity attributable to owners of the parent

	Capital Surplus					Retained Earnings			Other Equity Interest
		Differences between the price for acquisition or disposal of subsidiaries and carrying amount	Change in net equity of associates and joint ventures accounted for under equity method	Others	Legal reserve	Special reserve	Unappropriated retained earnings	Financial statements translation differences of foreign operations	Unrealised gains (losses) from financial assets measured at fair value through other comprehensive income	Total	Non-controlling interest	Total equity
For the year ended December 31, 2024
Balance at January 1, 2024		$ 1,786,961	$ 152,088	$ 60,898	$ 10,366	$ 534	$ 878,245	$ 115,935	$ 2,280,812	($ 7,452)	$ 20,629	$ 5,299,016	$ 2,838,321	$ 8,137,337
Profit for the year		-	-	-	-	-	-	-	880,501	-	-	880,501	413,809	1,294,310
Other comprehensive income for the year	6(19)	-	-	-	-	-	-	-	30,363	11,941	89,431	131,735	3,440	135,175
Total comprehensive income for the year		-	-	-	-	-	-	-	910,864	11,941	89,431	1,012,236	417,249	1,429,485
Change in net equity of associates and joint ventures 6(7)(17) accounted for under equity method		-	-	-	76,170	-	-	-	-	-	-	76,170	-	76,170
Overdue cash dividends payable	6(17)	-	-	-	-	72	-	-	-	-	-	72	23	95
Disposal of financial assets at fair value through other 6(4)(19) comprehensive income		-	-	-	-	-	-	-	6,418	-	( 6,418 )	-	-	-
Distribution of 2023 earnings:
Legal reserve		-	-	-	-	-	86,007	-	( 86,007 )	-	-	-	-	-
Special reserve	6(18)	-	-	-	-	-	-	( 115,935 )	115,935	-	-	-	-	-
Cash dividends	6(18)	-	-	-	-	-	-	-	( 482,479 )	-	-	( 482,479 )	-	( 482,479 )
Change in non-controlling interest		-	-	-	-	-	-	-	-	-	-	-	( 184,540 )	( 184,540 )
Balance at December 31, 2024		$ 1,786,961	$ 152,088	$ 60,898	$ 86,536	$ 606	$ 964,252	$ -	$ 2,745,543	$ 4,489	$ 103,642	$ 5,905,015	$ 3,071,053	$ 8,976,068
For the year ended December 31, 2025
Balance at January 1, 2025		$ 1,786,961	$ 152,088	$ 60,898	$ 86,536	$ 606	$ 964,252	$ -	$ 2,745,543	$ 4,489	$ 103,642	$ 5,905,015	$ 3,071,053	$ 8,976,068
Profit for the year		-	-	-	-	-	-	-	927,659	-	-	927,659	327,870	1,255,529
Other comprehensive income (loss) for the year	6(19)	-	-	-	-	-	-	-	11,415	( 3,636 )	( 215,145 )	( 207,366 )	4,342	( 203,024 )
Total comprehensive income (loss) for the year		-	-	-	-	-	-	-	939,074	( 3,636 )	( 215,145 )	720,293	332,212	1,052,505
Adjustment for non-proportional subscription to subsidiaries' new shares	4(3)	-	-	-	-	-	-	-	( 1,298 )	-	-	( 1,298 )	1,298	-
Change in net equity of associates and joint ventures 6(7)(17) accounted for under equity method		-	-	-	878	-	-	-	-	-	-	878	-	878
Overdue cash dividends payable	6(17)	-	-	-	-	106	-	-	-	-	-	106	60	166
Disposal of financial assets at fair value through other 6(4)(19) comprehensive income		-	-	-	-	-	-	-	( 4,459 )	-	4,459	-	-	-
Distribution of 2024 earnings:
Legal reserve		-	-	-	-	-	91,728	-	( 91,728 )	-	-	-	-	-
Cash dividends	6(18)	-	-	-	-	-	-	-	( 500,349 )	-	-	( 500,349 )	-	( 500,349 )
Change in non-controlling interest		-	-	-	-	-	-	-	-	-	-	-	( 241,657 )	( 241,657 )
Effect of changes in consolidated entities		-	-	-	-	-	-	-	-	-	-	-	( 802 )	( 802 )
Balance at December 31, 2025		$ 1,786,961	$ 152,088	$ 60,898	$ 87,414	$ 712	$ 1,055,980	$ -	$ 3,086,783	$ 853	($ 107,044 )	$ 6,124,645	$ 3,162,164	$ 9,286,809

STANDARD CHEM. & PHARM. CO., LTD. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024
(Expressed in thousands of New Taiwan dollars)

	Notes	Year ended December 31
		2025	2024
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before tax		$ 1,513,876	$ 1,627,359
Adjustments
Adjustments to reconcile profit (loss)
Net gain on financial assets at fair value through profit or loss	6(3)(23)
		( 15,734 )	( 178 )
Expected credit (gain) loss	12	( 2,550 )	11,523
Reversal of allowance for inventory market price decline	6(6)	( 8,816 )	( 6,901 )
Share of loss of associates and joint ventures accounted for under equity method	6(7)
		4,656	11,359
Loss on disposal of investments	6(23)	-	846
Loss on remeasurement of investments	6(23)(29)	6	-
Depreciation	6(8)(9)(25)	413,040	385,589
Net loss on disposal of property, plant and equipment	6(23)	1,093	5,472
Property, plant and equipment transferred to expense	6(8)	395	533
Gain from lease modification	6(9)(23)	( 35 )	-
Amortisation	6(25)	20,932	19,149
Impairment loss on intangible assets	6(10)(11)(23)	400	-
Dividend income	6(22)	( 93,478 )	( 12,751 )
Interest income	6(21)	( 29,040 )	( 37,727 )
Interest expense	6(24)	8,448	15,069
Changes in operating assets and liabilities
Changes in operating assets
Financial assets at fair value through profit or loss		71,276	26,446
Notes receivable		7,490	2,665
Accounts receivable		( 43,183 )	( 74,279 )
Other receivables		7,041	136,743
Inventories		147,244	( 105,612 )
Prepayments		( 7,379 )	( 23,816 )
Other current assets		477	3,075
Other non-current assets		( 6,956 )	( 2,717 )
Changes in operating liabilities
Contract liabilities - current		4,801	11,776
Notes payable		( 173,103 )	5,623
Accounts payable		163,485	( 26,844 )
Other payables		( 6,649 )	49,737
Receipts in advance		928	( 123 )
Refund liabilities - current		( 320 )	320
Net defined benefit liabilities - non-current		( 2,177 )	( 21,401 )
Cash inflow generated from operations		1,976,168	2,000,935
Dividends received		93,478	40,395
Interest received		29,006	40,088
Interest paid		( 8,503 )	( 15,535 )
Income tax paid		( 323,322 )	( 370,942 )
Net cash flows from operating activities		1,766,827	1,694,941

(Continued)

~36~

STANDARD CHEM. & PHARM. CO., LTD. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

(Expressed in thousands of New Taiwan dollars)

	Notes	Year ended December 31
		2025	2024
CASH FLOWS FROM INVESTING ACTIVITIES
Increase in financial assets at amortised cost - current		($ 315,371)	($ 74,000)
Increase in financial assets at amortised cost - non-current		( 90,741)	-
Acquisition of financial assets at fair value through other comprehensive income - non-current		( 153,729)	( 83,055)
Proceeds from disposal of financial assets at fair value through other comprehensive income - non-current	6(4)	30,549	12,504
Acquisition of investments accounted for under equity method	6(7) and 7	( 12,955)	( 47,800)
Cash paid for acquisition of property, plant and equipment	6(29)	( 243,992)	( 410,813)
Interest paid for acquisition of property, plant and equipment	6(8)(24)(29)	( 3,583)	( 2,338)
Proceeds from disposal of property, plant and equipment		878	15,586
Acquisition of intangible assets	6(10)	( 14,047)	( 5,469)
Increase in prepayments for equipment		( 245,291)	( 183,326)
(Increase) decrease in guarantee deposits paid		( 19,272)	16,035
Increase in other non-current assets		( 4,505)	( 9,016)
Net cash outflow from changes in consolidated entities	6(29)	( 1,107)	-
Net cash flows used in investing activities		( 1,073,166)	( 771,692)
CASH FLOWS FROM FINANCING ACTIVITIES
Increase in short-term borrowings	6(30)	2,151,154	1,092,509
Decrease in short-term borrowings	6(30)	( 1,601,154)	( 1,782,509)
Payments of lease liabilities	6(30)	( 27,444)	( 24,828)
Decrease in long-term borrowings	6(30)	( 159,027)	( 59,027)
Increase (decrease) in guarantee deposit received	6(30)	210	3,527
Overdue cash dividends payable	6(17)	166	95
Payments of cash dividends	6(18)	( 500,349)	( 482,479)
Decrease in non-controlling interests		( 241,657)	( 184,540)
Net cash flows used in financing activities		( 378,101)	( 1,444,306)
Effects of foreign exchange		( 1,942)	4,442
Net increase (decrease) in cash and cash equivalents		313,618	( 516,615)
Cash and cash equivalents at beginning of year	6(1)	1,520,128	2,036,743
Cash and cash equivalents at end of year	6(1)	$ 1,833,746	$ 1,520,128

~37~

Attachment 3:

Standard Chem. & Pharm. Co., Ltd.

Comparison Table of the Articles of Incorporation Before and After Amendment

Amended provisions	Current provisions	Remark
Article 5: The total authorized capital of the Company shall be NT$2.5 billion, divided into 250,000,000 shares, with a par value of NT$10 per share. The Board of Directors is authorized to issue the shares in installments in accordance with applicable laws and regulations.	Article 5: The total authorized capital of the Company shall be NT$2.0 billion, divided into 200,000,000 shares, with a par value of NT$10 per share. The Board of Directors is authorized to issue the shares in installments in accordance with applicable laws and regulations.	Revised in consideration of operational conditions and management needs.
Article 30: These Operational Procedures were promulgated on Jun 8, 1967
Amended for first time on April 25, 1968
Amended for second time on March 30, 1970
Amended for third time on March 23, 1972
Amended for fourth time on November 30, 1980
Amended for fifth time on August 20, 1982
Amended for sixth time on October 21, 1983
Amended for seventh time on September 25, 1985
Amended for eighth time on November 23, 1987
Amended for ninth time on June 1, 1988
Amended for tenth time on September	Article 30: These Operational Procedures were promulgated on Jun 8, 1967
Amended for first time on April 25, 1968
Amended for second time on March 30, 1970
Amended for third time on March 23, 1972
Amended for fourth time on November 30, 1980
Amended for fifth time on August 20, 1982
Amended for sixth time on October 21, 1983
Amended for seventh time on September 25, 1985
Amended for eighth time on November 23, 1987
Amended for ninth time on June 1, 1988
Amended for tenth time on September	Newly Added Date of Amendment

Amended provisions	Current provisions	Remark
20, 1989
Amended for eleventh time on October 5, 1990
Amended for twelfth time on October 19, 1991
Amended for thirteenth time on October 09, 1992
Amended for fourteenth time on March 05, 1993
Amended for fifteenth time on June 19, 1993
Amended for sixteenth time on June 06, 1994
Amended for seventeenth time on April 08, 1995
Amended for eighteenth time on May 28, 1996
Amended for nineteenth time on May 22, 1998
Amended for twentieth time on May 26, 2000
Amended for twenty-first time on May 26, 2000
Amended for twenty-second time on May 23, 2001
Amended for twenty-third time on May 29, 2002
Amended for twenty-fourth time on May 30, 2006
Amended for twenty-fifth time on June 18, 2008
Amended for twenty-sixth time on June 9, 2009
Amended for twenty-seventh time on June 9, 2010
Amended for twenty-eighth time on June 15, 2011	20, 1989
Amended for eleventh time on October 5, 1990
Amended for twelfth time on October 19, 1991
Amended for thirteenth time on October 09, 1992
Amended for fourteenth time on March 05, 1993
Amended for fifteenth time on June 19, 1993
Amended for sixteenth time on June 06, 1994
Amended for seventeenth time on April 08, 1995
Amended for eighteenth time on May 28, 1996
Amended for nineteenth time on May 22, 1998
Amended for twentieth time on May 26, 2000
Amended for twenty-first time on May 26, 2000
Amended for twenty-second time on May 23, 2001
Amended for twenty-third time on May 29, 2002
Amended for twenty-fourth time on May 30, 2006
Amended for twenty-fifth time on June 18, 2008
Amended for twenty-sixth time on June 9, 2009
Amended for twenty-seventh time on June 9, 2010
Amended for twenty-eighth time on June 15, 2011

~38~

Amended provisions	Current provisions	Remark
Amended for twenty-ninth on June 6, 2012	Amended for twenty-ninth on June 6, 2012
Amended for thirtieth on June 18, 2013	Amended for thirtieth on June 18, 2013
Amended for thirty-first time on June 17, 2014	Amended for thirty-first time on June 17, 2014
Amended for thirty-second time on June 17,2016	Amended for thirty-second time on June 17,2016
Amended for thirty-third time on June 19, 2019	Amended for thirty-third time on June 19, 2019
Amended for thirty-fourth time on June 17, 2020	Amended for thirty-fourth time on June 17, 2020
Amended for thirty-fifth on August 24, 2021	Amended for thirty-fifth on August 24, 2021
Amended for thirty-sixth time on June 21, 2022	Amended for thirty-sixth time on June 21, 2022
Amended for thirty-seventh time on May 29, 2025	Amended for thirty-seventh time on May 29, 2025
Amended for thirty-eighth time on May 12, 2026

~39~

Appendices

Appendices 1

Articles of Incorporation of STANDARD CHEM. & PHARM.CO., LTD.

Chapter 1 General Provisions

Article 1: The Company is organized according to the provisions of the Company Act and is named as "STANDARD CHEM. & PHARM. CO., LTD.

Article 2: The Company engages in the following businesses:

C110010 Beverage Manufacturing
F102040 Wholesale of nonalcoholic Beverages
C199990 Manufacture of Other Food Products Not Elsewhere Classified
F102170 Wholesale of Foods and Groceries
F203010 Retail sale of Food Products and Groceries
C201010 Feed Manufacturing
F103010 Wholesale of Animal Feeds
F202010 Retail Sale of Feeds
C801110 Fertilizer Manufacturing
F107050 Wholesale of Fertilizer
F207050 Retail Sale of Manure
C802041 Drugs and Medicines Manufacturing
F108021 Wholesale of Western Pharmaceutical
F208021 Retail Sale of Western Pharmaceutical
C802051 Chinese Medicine Manufacturing
F108011 Wholesale of Traditional Chinese Medicine
F208011 Retail Sale of Chinese Medicine
C802100 Cosmetics Manufacturing
F108040 Wholesale of Cosmetics
F208040 Retail Sale of Cosmetics
CE01010 General Instrument Manufacturing
CF01011 Medical Materials and Equipment Manufacturing
F108031 Wholesale of Drugs, Medical Goods
F208031 Retail sale of Medical Equipment
C802060 Veterinary Drug Manufacturing
F107070 Wholesale of Veterinary Drugs
F207070 Retail Sale of Veterinary Drugs
F401010 International Trade
H701040 Specific Area Development

H701060 New Towns, New Community Development
I103060 Management Consulting
F399040 Retail Sale No Storefront
J701040 Recreational Activities Venue
J801030 Athletics and Recreational Sports Stadium
J802010 Sports Training
ZZ99999 All business activities that are not prohibited or restricted by law, except those that are subject to special approval.

Article 3: The Company is located in Tainan City and may, pursuant to a resolution adopted at the meeting of the Board of Directors, set up branch offices within or outside the territory of the Republic of China when deemed necessary.

Article 4: The Company may provide external guarantee for its business needs.

Chapter 2 Capital Stock

Article 5: The total capital of the Company shall be in the amount of 2 billion NTD, divided into 200 million shares of 10 NTD each, which the Board of Directors is authorized to issue in installments in accordance with the law.

Article 6: The Company's share certificates shall be in registered form, signed or sealed and numbered by the directors on behalf of the Company, and shall be issued upon certification by a bank authorized by law to act as a certifying officer for the issuance of share certificates.

The shares issued by the Company may be printed jointly or without printing, and shall be registered or kept by a centralized securities depository.

Article 7: The name transfer of shares shall cease within 60 days prior to the regular shareholders' meeting, within 30 days prior to the shareholders' meeting or within 5 days prior to the base date of the Company's decision to distribute dividends and bonuses or other benefits.

Article 8: The Company's stock transactions are subject to the relevant regulations of the competent authorities.

Chapter 3 Shareholders' Meeting

Article 9: Shareholders meetings of the Company are of two kinds: (1) regular meeting and (2) special meeting. Regular meetings shall be convened at least once a year by the Board of Directors according to the law within six months after the close of each fiscal year. Special meetings shall be convened whenever necessary according to the laws and regulations.

Article 10: Each shareholder shall be notified of the dates, places and reasons at least 30 days before the regular meeting and 15 days before the special meeting.

Article 10-1: The Company's shareholders' meetings may be held by video conference or other forms as announced by the authorities of the Central Government.

Article 11: In case a shareholder is unable to attend a shareholders' meeting for any reason, he/she may appoint a proxy to attend the meeting by presenting a document issued by the Company stating the scope of authority, with the shareholder's signature and seal on it. The authority to vote by proxy shall

~41~

be governed by the Company Act and relevant laws and regulations.

Article 12: Unless otherwise provided in the Company Act, the chairman of the shareholders' meeting shall be the president of the Company. In the absence of the president, his or her proxy shall be governed by the provisions of the Company Act; if the meeting is convened by someone other than the board of directors, it shall be governed by the provisions of the Company Act.

Article 13: Each shareholder of the Company is entitled to one vote for each share held, with the exception of those who are not entitled to vote in accordance with Article 179 of the Company Act.

Article 14: Unless otherwise provided for in the Company Act, a meeting of shareholders shall proceed only if attended by shareholders representing more than one-half of the total outstanding capital stock of the Company. Resolutions of a shareholders meeting shall be made at the meeting with the concurrence of a majority of the votes held by the shareholders present at the meeting.

Article 15: The minutes of the shareholders' meeting shall be prepared, signed or sealed by the chairman, and distributed to the shareholders within 20 days after the meeting, and the preceding minutes shall be distributed by means of an announcement posted on the Market Observation Post System. The minutes of the meeting shall contain the year, month, date, place, the name of the chairman and the method of resolution, as well as the main points of the proceedings and the results thereof. The minutes shall be kept at the Company together with the signature book of the shareholders present and the proxy form for attendance.

Chapter 4 Directors and Audit Committee

Article 16: The Company shall have five to nine directors, who shall be nominated by candidates and elected by the shareholders' meeting from a list of candidates for a term of three years, and shall be eligible for re-election.

The total shareholding of all directors and supervisors shall be in accordance with the regulations of the competent securities authorities.

In accordance with Article 14-2 of the Securities and Exchange Act, the number of independent directors of the Company shall not be less than three and shall not be less than one-fifth of the number of directorships.

The professional qualifications, shareholdings, restrictions on part-time employment, nomination and election of independent directors and other matters to be followed shall be in accordance with the relevant regulations of the competent securities authorities.

The Company has established an Audit Committee since the 19th Board of Directors, which is composed of independent directors, with at least three members, one of whom is the convener, and at least one of whom is specialized in accounting or finance.

The exercise of the Audit Committee's authority, organizational procedures and other matters to be followed shall be in accordance with relevant laws and regulations or the Company's regulations.

On the establishment date of the Audit Committee, the Supervisors shall be dismissed immediately and the relevant provisions of the Articles of Incorporation regarding the Supervisors shall cease to be effective

~42~

immediately.

To enhance the function of decision-making and strengthen the management mechanism, the Company may establish various functional committees, and the organizational procedures of each committee shall be determined by the board of directors' meeting.

Article 17: If a director's term expires without re-election, the director's executive duties will be extended until the re-election takes place.

Article 18: The Directors shall constitute the Board of Directors and shall elect one Chairman (and one vice Chairman) of the Board from among themselves by a majority at a meeting attended by at least two-thirds of the Directors. The Chairman shall externally represent the Company. In the case of an emergency, the Board of Directors may be convened at any time, and notice of such convening may be given in writing, by E-Mail, or by electronic means such as facsimile.

Article 19: If the number of directors' vacancies reaches one-third, the board of directors shall convene an interim meeting of shareholders within 60 days to hold a by-election, provided that the term of office of the directors to be elected shall be limited to fill the original term of office.

Article 20: Unless otherwise provided in the Company Act, a resolution of the Board of Directors shall be made by a majority of the directors present with the consent of a majority of the directors present. If a director is unable to attend the meeting for any reason, the director may appoint a proxy to attend the meeting for another director by listing the scope of authority to convene the meeting, but limited to the extent that one person shall be appointed by one person.

Article 21: The minutes of the board of directors' meetings shall be made, signed or sealed by the chairman, and distributed to the directors within 20 days after the meeting. The minutes shall record the main points of the proceedings and their results, and shall be kept in the Company together with the signature book of the attending directors and the proxy statement of attendance.

Article 22: Remuneration shall be paid to the directors of the Company for the performance of their duties for the Company, regardless of the Company's profit or loss. The Board of Directors is authorized to determine their remuneration based on their participation in the Company's operations and the value of their contributions, in accordance with the general standards of the industry.

Article 22-1: The Company shall provide liability insurance to the directors during their term of office to cover their liability under the law for the execution of their business, and the Board of Directors is authorized to make the determination of such insurance.

Article 23: The Board of Directors is authorized to exercise discretion and flexibility in determining the amount of the Company's transferable investments, which are not subject to the Company Act restriction that the total amount of transferable investments shall not exceed $40\%$ of the Company's paid-in capital.

~43~

Chapter 5 Managerial Officials

Article 24: The Company may appoint managerial officials, who shall be appointed and dismissed in accordance with the provisions of the Company Act, and who shall have the right to manage and sign the Company's affairs within the scope of the Company's Articles of Incorporation.

Chapter 6 Accounting

Article 25: After the close of each fiscal year, a report on operations, financial statements and proposals concerning appropriation of net profits or making up losses shall be prepared by the Board of Directors, and shall be submitted to the regular meeting of shareholders for acceptance.

Business Report 2. Financial Statements 3. Proposals for appropriation of earnings or loss.

Article 26: On the basis of the Company's profit for the year (i.e., income before taxation before the distribution of employee remuneration and directors' remuneration as described below), the Company shall distribute the remaining balance, if any, after making up its deficit in the following manner:

1% to 10% of the remaining balance is allocated as employee remuneration. Among the total employee remuneration, no less than 60% shall be distributed to grassroots employees.
No more than 3% of the remaining balance is allocated as directors' remuneration.

Employee remuneration may be in the form of stock or cash, and may be granted to employees of the controlling or subordinate companies who satisfy certain criteria.

The aforementioned director's remuneration may be paid in cash only.

The distribution of employee remuneration and director's remuneration shall be reported to the board of directors by the remuneration committee, and shall be made by a resolution of the board of directors with at least two-thirds of the directors present and a majority of the directors present, and shall be reported to the shareholders' meeting.

Article 26-1: Given the variable industrial environment in which the Company operates and the stable growth stage of its corporate life cycle, and considering the Company's future capital needs and long-term financial planning, as well as meeting shareholders' needs for cash inflows, the Company's annual earnings, if any, are distributed in the following order:

To pay taxes and contributions
To make up losses
Set aside 10% of the earnings as legal reserve. However, if the legal reserve has reached the amount of paid-in capital, it shall not be used for this purpose
Special reserve is provided or reversed in accordance with the law
At least 10% of the accumulated undistributed earnings of the previous year shall be set aside as dividends to shareholders, of which no less than 20% shall be cash dividends; however, if the cash dividends are less than NT$0.50 per share, stock dividends may be paid instead by resolution of the shareholders' meeting.

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If the dividends mentioned above are paid in the form of new shares, they shall be distributed after a resolution is submitted to the shareholders' meeting.

The Company authorizes the Board of Directors, with the presence of at least two-thirds of the directors and the approval of a majority of the directors present, to distribute all or part of the dividends and bonuses, capital surplus or legal reserve in the form of cash and report to the shareholders' meeting.

Chapter 7 Supplementary Provisions

Article 27: The Articles of Incorporation and procedures of the Company shall be otherwise determined by the Board of Directors.

Article 28: In regard to all matters not provided for in these Articles of Incorporation, the Company Act and other regulations shall govern.

Article 29: The Articles of Incorporation shall be implemented after the resolution of the shareholders' meeting and the approval of the competent government office, and shall be the same in case of any changes.

Article 30: These Operational Procedures were promulgated on Jun 8, 1967
Amended for first time on April 25, 1968
Amended for second time on March 30, 1970
Amended for third time on March 23, 1972
Amended for fourth time on November 30, 1980
Amended for fifth time on August 20, 1982
Amended for sixth time on October 21, 1983
Amended for seventh time on September 25, 1985
Amended for eighth time on November 23, 1987
Amended for ninth time on June 1, 1988
Amended for tenth time on September 20, 1989
Amended for eleventh time on October 5, 1990
Amended for twelfth time on October 19, 1991
Amended for thirteenth time on October 09, 1992
Amended for fourteenth time on March 05, 1993
Amended for fifteenth time on June 19, 1993
Amended for sixteenth time on June 06, 1994
Amended for seventeenth time on April 08, 1995
Amended for eighteenth time on May 28, 1996
Amended for nineteenth time on May 22, 1998
Amended for twentieth time on May 26, 2000
Amended for twenty-first time on May 26, 2000
Amended for twenty-second time on May 23, 2001
Amended for twenty-third time on May 29, 2002
Amended for twenty-fourth time on May 30, 2006
Amended for twenty-fifth time on June 18, 2008
Amended for twenty-sixth time on June 9, 2009
Amended for twenty-seventh time on June 9, 2010
Amended for twenty-eighth time on June 15, 2011
Amended for twenty-ninth on June 6, 2012
Amended for thirtieth on June 18, 2013
Amended for thirty-first time on June 17, 2014

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Amended for thirty-second time on June 17, 2016
Amended for thirty-third time on June 19, 2019
Amended for thirty-fourth time on June 17, 2020
Amended for thirty-fifth on August 24, 2021
Amended for thirty-sixth time on June 21, 2022
Amended for thirty-seventh time on May 29, 2025

Standard Chem. & Pharm. Co., Ltd.
Representative: Tzu-Ting, Fan

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Appendices 2

Standard Chem. & Pharm. Co., Ltd.

Rules of Procedure for Shareholders Meetings

Article 1: The rules of procedures for the Company’s shareholders meetings, except as otherwise provided by law, regulation, or the articles of incorporation, shall be as provided in these Rules.

Article 2: Convening shareholders meetings and shareholders meeting notices

Unless otherwise provided by law or regulation, this Corporation's shareholders meetings shall be convened by the board of directors.

When a company holds a virtual shareholder meeting, it should be stipulated in the company's articles of association, except as otherwise provided in the Regulations Governing the Administration of Shareholder Services of Public Companies. A resolution for the virtual shareholder meeting must be passed by the board of directors, and it shall be executed only when it is agreed upon by two-thirds or more of the directors present and the majority of the attending directors, as required by the board of directors.

Changes to how this Corporation convenes its shareholders meeting shall be resolved by the board of directors, and shall be made no later than mailing of the shareholders meeting notice. This Corporation shall prepare electronic versions of the shareholders meeting notice and proxy forms, and the origins of and explanatory materials relating to all proposals, including proposals for ratification, matters for deliberation, or the election or dismissal of directors or supervisors, and upload them to the Market Observation Post System (MOPS) before 30 days before the date of a regular shareholders meeting or before 15 days before the date of a special shareholders meeting. This Corporation shall prepare electronic versions of the shareholders meeting agenda and supplemental meeting materials and upload them to the MOPS before 21 days before the date of the regular shareholders meeting or before 15 days before the date of the special shareholders meeting. In addition, before 15 days before the date of the shareholders meeting, this Corporation shall also have prepared the shareholders meeting agenda and supplemental meeting materials and made them available for review by shareholders at any time. The meeting agenda and supplemental materials shall also be displayed at this Corporation and the professional shareholder services agent designated thereby.

This Corporate shall make the meeting agenda and supplemental meeting materials in the preceding paragraph available to shareholders for review in the following manner on the date of the shareholders meeting:

a. For physical shareholders meetings, to be distributed on-site at the meeting.

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b. For hybrid shareholders meetings, to be distributed on-site at the meeting and shared on the virtual meeting platform.
c. For virtual-only shareholders meetings, electronic files shall be shared on the virtual meeting platform.

The reasons for convening a shareholders meeting shall be specified in the meeting notice and public announcement. With the consent of the addressee, the meeting notice may be given in electronic form.
Election or dismissal of directors, amendments to the articles of incorporation, reduction of capital, application for the approval of ceasing its status as a public company, approval of competing with the company by directors, surplus profit distributed in the form of new shares, reserve distributed in the form of new shares, the dissolution, merger, or demerger of the corporation, or any matter under Article 185, paragraph 1 of the Company Act, Articles 26-1 and 43-6 of the Securities Exchange Act, Articles 56-1 and 60-2 of the Regulations Governing the Offering and Issuance of Securities by Securities Issuers shall be set out and the essential contents explained in the notice of the reasons for convening the shareholders meeting. None of the above matters may be raised by an extraordinary motion.
Where re-election of all directors as well as their inauguration date is stated in the notice of the reasons for convening the shareholders meeting, after the completion of the re-election in said meeting such inauguration date may not be altered by any extraordinary motion or otherwise in the same meeting.
A shareholder holding one percent or more of the total number of issued shares may submit to this Corporation a proposal for discussion at a regular shareholders meeting. The number of items so proposed is limited to one only, and no proposal containing more than one item will be included in the meeting agenda. When the circumstances of any subparagraph of Article 172-1, paragraph 4 of the Company Act apply to a proposal put forward by a shareholder, the board of directors may exclude it from the agenda. A shareholder may propose a recommendation for urging the corporation to promote public interests or fulfill its social responsibilities, provided procedurally the number of items so proposed is limited only to one in accordance with Article 172-1 of the Company Act, and no proposal containing more than one item will be included in the meeting agenda.
Prior to the book closure date before a regular shareholders meeting is held, this Corporation shall publicly announce its acceptance of shareholder proposals in writing or electronically, and the location and time period for their submission; the period for submission of shareholder proposals may not be less than 10 days.
Shareholder-submitted proposals are limited to 300 words, and no proposal containing more than 300 words will be included in the meeting agenda. The shareholder making the proposal shall be present in person or by proxy at the regular shareholders meeting and

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take part in discussion of the proposal.

Prior to the date for issuance of notice of a shareholders meeting, this Corporation shall inform the shareholders who submitted proposals of the proposal screening results, and shall list in the meeting notice the proposals that conform to the provisions of this article. At the shareholders meeting the board of directors shall explain the reasons for exclusion of any shareholder proposals not included in the agenda.
The venue for a shareholders meeting shall be the premises of this Corporation, or a place easily accessible to shareholders and suitable for a shareholders meeting. The meeting may begin no earlier than 9 a.m. and no later than 3 p.m. Full consideration shall be given to the opinions of the independent directors with respect to the place and time of the meeting.

The restrictions on the place of the meeting shall not apply when this Corporation convenes a virtual-only shareholders meeting.

Article 3: Shareholders' Attendance, Proxy, and Authorization.

When the government or a juristic person is a shareholder, it may be represented by more than one representative at a shareholders meeting. When a juristic person is appointed to attend as proxy, it may designate only one person to represent it in the meeting.
For each shareholders meeting, a shareholder may appoint a proxy to attend the meeting by providing the proxy form issued by this Corporation and stating the scope of the proxy's authorization.
A shareholder may issue only one proxy form and appoint only one proxy for any given shareholders meeting, and shall deliver the proxy form to this Corporation before five days before the date of the shareholders meeting. When duplicate proxy forms are delivered, the one received earliest shall prevail unless a declaration is made to cancel the previous proxy appointment.
After a proxy form has been delivered to this Corporation, if the shareholder intends to attend the meeting in person or to exercise voting rights by correspondence or electronically, a written notice of proxy cancellation shall be submitted to this Corporation before two business days before the meeting date. If the cancellation notice is submitted after that time, votes cast at the meeting by the proxy shall prevail.
If, after a proxy form is delivered to this Corporation, a shareholder wishes to attend the shareholders meeting online, a written notice of proxy cancellation shall be submitted to this Corporation two business days before the meeting date. If the cancellation notice is submitted after that time, votes cast at the meeting by the proxy shall prevail.
In the event of a virtual shareholders meeting, shareholders wishing to attend the meeting online shall register with this Corporation two days before the meeting date. In the event of a virtual shareholders meeting, this Corporation shall upload the meeting agenda book,

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annual report and other meeting materials to the virtual meeting platform at least 30 minutes before the meeting starts, and keep this information disclosed until the end of the meeting.

In the event of a virtual shareholders meeting, this Corporation shall upload the meeting agenda book, annual report and other meeting materials to the virtual meeting platform at least 30 minutes before the meeting starts, and keep this information disclosed until the end of the meeting.

Article 3-1: Convening virtual shareholders meetings and particulars to be included in shareholders meeting notice

To convene a virtual shareholders meeting, this Corporation shall include the follow particulars in the shareholders meeting notice:

How shareholders attend the virtual meeting and exercise their rights.
Actions to be taken if the virtual meeting platform or participation in the virtual meeting is obstructed due to natural disasters, accidents or other force majeure events, at least covering the following particulars:

a. To what time the meeting is postponed or from what time the meeting will resume if the above obstruction continues and cannot be removed, and the date to which the meeting is postponed or on which the meeting will resume.
b. Shareholders not having registered to attend the affected virtual shareholders meeting shall not attend the postponed or resumed session.
c. In case of a hybrid shareholders meeting, when the virtual meeting cannot be continued, if the total number of shares represented at the meeting, after deducting those represented by shareholders attending the virtual shareholders meeting online, meets the minimum legal requirement for a shareholder meeting, then the shareholders meeting shall continue. The shares represented by shareholders attending the virtual meeting online shall be counted towards the total number of shares represented by shareholders present at the meeting, and the shareholders attending the virtual meeting online shall be deemed abstaining from voting on all proposals on meeting agenda of that shareholders meeting.
d. Actions to be taken if the outcome of all proposals have been announced and extraordinary motion has not been carried out.

To convene a virtual-only shareholders meeting, appropriate alternative measures available to shareholders with difficulties in attending a virtual shareholders meeting online shall be specified. Except for the circumstances specified in Article 44-9, paragraph 6 of the Regulations Governing the Administration of Shareholder Services of Public Companies, At least the shareholders should be provided with connection equipment and necessary assistance, and the period during which shareholders may apply

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to the company and other relevant matters to be noted should be stated.

Article 4: Shareholder attendance registration process

This Corporation shall specify in its shareholders meeting notices the time during which attendance registrations for shareholders, solicitors and proxies (collectively "shareholders") will be accepted, the place to register for attendance, and other matters for attention.
The time during which shareholder attendance registrations will be accepted, as stated in the preceding paragraph, shall be at least 30 minutes prior to the time the meeting commences. The place at which attendance registrations are accepted shall be clearly marked and a sufficient number of suitable personnel assigned to handle the registrations. For virtual shareholders meetings, shareholders may begin to register on the virtual meeting platform 30 minutes before the meeting starts. Shareholders completing registration will be deemed as attend the shareholders meeting in person.
Shareholders shall attend shareholders meetings based on attendance cards, sign-in cards, or other certificates of attendance. This Corporation may not arbitrarily add requirements for other documents beyond those showing eligibility to attend presented by shareholders. Solicitors soliciting proxy forms shall also bring identification documents for verification.
This Corporation shall furnish the attending shareholders with an attendance book to sign, or attending shareholders may hand in a sign-in card in lieu of signing in.
This Corporation shall furnish attending shareholders with the meeting agenda book, annual report, attendance card, speaker's slips, voting slips, and other meeting materials. Where there is an election of directors or supervisors, pre-printed ballots shall also be furnished.

Article 5: Chairman and Attendees of the Shareholders' Meeting

If a shareholders meeting is convened by the board of directors, the meeting shall be chaired by the chairperson of the board. When the chairperson of the board is on leave or for any reason unable to exercise the powers of the chairperson, the chairperson shall appoint one of the directors to act as chair. Where the chairperson does not make such a designation, the directors shall select from among themselves one person to serve as chair.
When a managing director or a director serves as chair, as referred to in the preceding paragraph, the managing director or director shall be one who has held that position for six months or more and who understands the financial and business conditions of the company. The same shall be true for a representative of a juristic person director that serves as chair.
It is advisable that shareholders meetings convened by the board of directors be chaired

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by the chairperson of the board in person and attended by a majority of the directors, at least one supervisor in person, and at least one member of each functional committee on behalf of the committee. The attendance shall be recorded in the meeting minutes.

If a shareholders meeting is convened by a party with power to convene but other than the board of directors, the convening party shall chair the meeting. When there are two or more such convening parties, they shall mutually select a chair from among themselves.
This Corporation may appoint its attorneys, certified public accountants, or related persons retained by it to attend a shareholders meeting in a non-voting capacity.
When this Corporation convenes a virtual-only shareholders meeting, both the chair and secretary shall be in the same location, and the chair shall declare the address of their location when the meeting is called to order.

Article 6: Calculation of Shareholding for Attendance at Shareholders' Meeting

Attendance at shareholders meetings shall be calculated based on numbers of shares. The number of shares in attendance shall be calculated according to the shares indicated by the attendance book and sign-in cards handed in, and the shares checked in on the virtual meeting platform, plus the number of shares whose voting rights are exercised by correspondence or electronically.
On the day of a shareholders meeting, this Corporation shall compile in the prescribed format a statistical statement of the number of shares obtained by solicitors through solicitation, the number of shares represented by proxies and the number of shares represented by shareholders attending the meeting by correspondence or electronic means, and shall make an express disclosure of the same at the place of the shareholders meeting. In the event a virtual shareholders meeting, this Corporation shall upload the above meeting materials to the virtual meeting platform at least 30 minutes before the meeting starts, and keep this information disclosed until the end of the meeting.

During this Corporation's virtual shareholders meeting, when the meeting is called to order, the total number of shares represented at the meeting shall be disclosed on the virtual meeting platform. The same shall apply whenever the total number of shares represented at the meeting and a new tally of votes is released during the meeting.

The chair shall call the meeting to order at the appointed meeting time and disclose information concerning the number of nonvoting shares and number of shares represented by shareholders attending the meeting. However, when the attending shareholders do not represent a majority of the total number of issued shares, the chair may announce a postponement, provided that no more than two such postponements, for a combined total of no more than one hour, may be made. If the quorum is not met after two postponements and the attending shareholders still represent less than one third of the total number of issued shares, the chair shall declare the meeting adjourned. In the event

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of a virtual shareholders meeting, this Corporation shall also declare the meeting adjourned at the virtual meeting platform.

If the quorum is not met after two postponements as referred to in the preceding paragraph, but the attending shareholders represent one third or more of the total number of issued shares, a tentative resolution may be adopted pursuant to Article 175, paragraph 1 of the Company Act; all shareholders shall be notified of the tentative resolution and another shareholders meeting shall be convened within one month. In the event of a virtual shareholders meeting, shareholders intending to attend the meeting online shall re-register to this Corporation in accordance with Article 3.
When, prior to conclusion of the meeting, the attending shareholders represent a majority of the total number of issued shares, the chair may resubmit the tentative resolution for a vote by the shareholders meeting pursuant to Article 174 of the Company Act.

Article 7: Documentation of a shareholders meeting by audio or video

This Corporation, beginning from the time it accepts shareholder attendance registrations, shall make an uninterrupted audio and video recording of the registration procedure, the proceedings of the shareholders meeting, and the voting and vote counting procedures. The recorded materials of the preceding paragraph shall be retained for at least one year. If, however, a shareholder files a lawsuit pursuant to Article 189 of the Company Act, the recording shall be retained until the conclusion of the litigation. Where a shareholders meeting is held online, this Corporation shall keep records of shareholder registration, sign-in, check-in, questions raised, votes cast and results of votes counted by this Corporation, and continuously audio and video record, without interruption, the proceedings of the virtual meeting from beginning to end.

The information and audio and video recording in the preceding paragraph shall be properly kept by this Corporation during the entirety of its existence, and copies of the audio and video recording shall be provided to and kept by the party appointed to handle matters of the virtual meeting.

In case of a virtual shareholders meeting, this Corporation is advised to audio and video record the back-end operation interface of the virtual meeting platform.

Staff handling administrative affairs of a shareholders meeting shall wear identification cards or arm bands.
The chair may direct the proctors or security personnel to help maintain order at the meeting place. When proctors or security personnel help maintain order at the meeting place, they shall wear an identification card or armband bearing the word "Proctor."
At the place of a shareholders meeting, if a shareholder attempts to speak through any device other than the public address equipment set up by this Corporation, the chair may prevent the shareholder from so doing.

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When a shareholder violates the rules of procedure and defies the chair's correction, obstructing the proceedings and refusing to heed calls to stop, the chair may direct the proctors or security personnel to escort the shareholder from the meeting.

Article 8: Discussion of proposals

If a shareholders meeting is convened by the board of directors, the meeting agenda shall be set by the board of directors. Votes shall be cast on each separate proposal in the agenda (including extraordinary motions and amendments to the original proposals set out in the agenda). The meeting shall proceed in the order set by the agenda, which may not be changed without a resolution of the shareholders meeting.
The provisions of the preceding paragraph apply mutatis mutandis to a shareholders meeting convened by a party with the power to convene that is not the board of directors.
The chair may not declare the meeting adjourned prior to completion of deliberation on the meeting agenda of the preceding two paragraphs (including extraordinary motions), except by a resolution of the shareholders meeting. If the chair declares the meeting adjourned in violation of the rules of procedure, the other members of the board of directors shall promptly assist the attending shareholders in electing a new chair in accordance with statutory procedures, by agreement of a majority of the votes represented by the attending shareholders, and then continue the meeting.
The chair shall allow ample opportunity during the meeting for explanation and discussion of proposals and of amendments or extraordinary motions put forward by the shareholders; when the chair is of the opinion that a proposal has been discussed sufficiently to put it to a vote, the chair may announce the discussion closed, call for a vote, and schedule sufficient time for voting.

Article 9: Shareholder speech

Before speaking, an attending shareholder must specify on a speaker's slip the subject of the speech, his/her shareholder account number (or attendance card number), and account name. The order in which shareholders speak will be set by the chair.
A shareholder in attendance who has submitted a speaker's slip but does not actually speak shall be deemed to have not spoken. When the content of the speech does not correspond to the subject given on the speaker's slip, the spoken content shall prevail.
Except with the consent of the chair, a shareholder may not speak more than twice on the same proposal, and a single speech may not exceed 5 minutes. If the shareholder's speech violates the rules or exceeds the scope of the agenda item, the chair may terminate the speech.
When an attending shareholder is speaking, other shareholders may not speak or interrupt unless they have sought and obtained the consent of the chair and the shareholder that has

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the floor; the chair shall stop any violation.

When a juristic person shareholder appoints two or more representatives to attend a shareholders meeting, only one of the representatives so appointed may speak on the same proposal.
After an attending shareholder has spoken, the chair may respond in person or direct relevant personnel to respond.
Where a virtual shareholders meeting is convened, shareholders attending the virtual meeting online may raise questions in writing at the virtual meeting platform from the chair declaring the meeting open until the chair declaring the meeting adjourned. No more than two questions for the same proposal may be raised. Each question shall contain no more than 200 words. The regulations in paragraphs 1 to 5 do not apply.
As long as questions so raised in accordance with the preceding paragraph are not in violation of the regulations or beyond the scope of a proposal, it is advisable the questions be disclosed to the public at the virtual meeting platform.

Article 10: Calculation of voting shares and recusal system

Voting at a shareholders meeting shall be calculated based on the number of shares.
With respect to resolutions of shareholders meetings, the number of shares held by a shareholder with no voting rights shall not be calculated as part of the total number of issued shares.
When a shareholder is an interested party in relation to an agenda item, and there is the likelihood that such a relationship would prejudice the interests of this Corporation, that shareholder may not vote on that item, and may not exercise voting rights as proxy for any other shareholder.

The number of shares for which voting rights may not be exercised under the preceding paragraph shall not be calculated as part of the voting rights represented by attending shareholders.

With the exception of a trust enterprise or a shareholder services agent approved by the competent securities authority, when one person is concurrently appointed as proxy by two or more shareholders, the voting rights represented by that proxy may not exceed three percent of the voting rights represented by the total number of issued shares. If that percentage is exceeded, the voting rights in excess of that percentage shall not be included in the calculation.

Article 11: Voting, monitoring and vote counting

A shareholder shall be entitled to one vote for each share held, except when the shares are restricted to shares or are deemed non-voting shares under Article 179, paragraph 2 of the Company Act.

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When this Corporation holds a shareholder meeting, it shall adopt exercise of voting rights by electronic means and may adopt exercise of voting rights by correspondence. When voting rights are exercised by correspondence or electronic means, the method of exercise shall be specified in the shareholders meeting notice. A shareholder exercising voting rights by correspondence or electronic means will be deemed to have attended the meeting in person, but to have waived his/her rights with respect to the extraordinary motions and amendments to original proposals of that meeting.
A shareholder intending to exercise voting rights by correspondence or electronic means under the preceding paragraph shall deliver a written declaration of intent to this Corporation before two days before the date of the shareholders meeting. When duplicate declarations of intent are delivered, the one received earliest shall prevail, except when a declaration is made to cancel the earlier declaration of intent.

After a shareholder has exercised voting rights by correspondence or electronic means, in the event the shareholder intends to attend the shareholders meeting in person or online, a written declaration of intent to retract the voting rights already exercised under the preceding paragraph shall be made known to this Corporation, by the same means by which the voting rights were exercised, before two business days before the date of the shareholders meeting. If the notice of retraction is submitted after that time, the voting rights already exercised by correspondence or electronic means shall prevail. When a shareholder has exercised voting rights both by correspondence or electronic means and by appointing a proxy to attend a shareholders meeting, the voting rights exercised by the proxy in the meeting shall prevail.

Except as otherwise provided in the Company Act and in this Corporation's articles of incorporation, the passage of a proposal shall require an affirmative vote of a majority of the voting rights represented by the attending shareholders. At the time of a vote, for each proposal, the chair or a person designated by the chair shall first announce the total number of voting rights represented by the attending shareholders, followed by a poll of the shareholders. After the conclusion of the meeting, on the same day it is held, the results for each proposal, based on the numbers of votes for and against and the number of abstentions, shall be entered into the MOPS.
When there is an amendment or an alternative to a proposal, the chair shall present the amended or alternative proposal together with the original proposal and decide the order in which they will be put to a vote. When any one among them is passed, the other proposals will then be deemed rejected, and no further voting shall be required.
Vote monitoring and counting personnel for the voting on a proposal shall be appointed by the chair, provided that all monitoring personnel shall be shareholders of this Corporation.
Vote counting for shareholders meeting proposals or elections shall be conducted in

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public at the place of the shareholders meeting. Immediately after vote counting has been completed, the results of the voting, including the statistical tallies of the numbers of votes, shall be announced on-site at the meeting, and a record made of the vote.

The election of directors at a shareholders meeting shall be held in accordance with the applicable election and appointment rules adopted by this Corporation, and the voting results shall be announced on-site immediately, including the names of those elected as directors and the numbers of votes with which they were elected, and the names of directors not elected and number of votes they received.

The ballots for the election referred to in the preceding paragraph shall be sealed with the signatures of the monitoring personnel and kept in proper custody for at least one year. If, however, a shareholder files a lawsuit pursuant to Article 189 of the Company Act, the ballots shall be retained until the conclusion of the litigation.

When this Corporation convenes a virtual shareholders meeting, after the chair declares the meeting open, shareholders attending the meeting online shall cast votes on proposals and elections on the virtual meeting platform before the chair announces the voting session ends or will be deemed abstained from voting.
In the event of a virtual shareholders meeting, votes shall be counted at once after the chair announces the voting session ends, and results of votes and elections shall be announced immediately.
When this Corporation convenes a hybrid shareholders meeting, if shareholders who have registered to attend the meeting online in accordance with Article 3 decide to attend the physical shareholders meeting in person, they shall revoke their registration two days before the shareholders meeting in the same manner as they registered. If their registration is not revoked within the time limit, they may only attend the shareholders meeting online.
When shareholders exercise voting rights by correspondence or electronic means, unless they have withdrawn the declaration of intent and attended the shareholders meeting online, except for extraordinary motions, they will not exercise voting rights on the original proposals or make any amendments to the original proposals or exercise voting rights on amendments to the original proposal.

Article 12: Recess and resumption of a shareholders meeting

When a meeting is in progress, the chair may announce a break based on time considerations. If a force majeure event occurs, the chair may rule the meeting temporarily suspended and announce a time when, in view of the circumstances, the meeting will be resumed.
If the meeting venue is no longer available for continued use and not all of the items (including extraordinary motions) on the meeting agenda have been addressed, the

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shareholders meeting may adopt a resolution to resume the meeting at another venue.

A resolution may be adopted at a shareholders meeting to defer or resume the meeting within five days in accordance with Article 182 of the Company Act.

Article 13: Minutes of the meeting

Matters relating to the resolutions of a shareholders meeting shall be recorded in the meeting minutes. The meeting minutes shall be signed or sealed by the chair of the meeting and a copy distributed to each shareholder within 20 days after the conclusion of the meeting. The production and distribution of meeting minutes can be announced through the MOPS.
The meeting minutes shall accurately record the year, month, day, and place of the meeting, the chair's full name, the methods by which resolutions were adopted, and a summary of the deliberations and their voting results (including the number of voting rights), and disclose the number of voting rights won by each candidate in the event of an election of directors or supervisors. The minutes shall be retained for the duration of the existence of this Corporation.
Where a virtual shareholders meeting is convened, in addition to the particulars to be included in the meeting minutes as described in the preceding paragraph, the start time and end time of the shareholders meeting, how the meeting is convened, the chair's and secretary's name, and actions to be taken in the event of disruption to the virtual meeting platform or participation in the meeting online due to natural disasters, accidents or other force majeure events, and how issues are dealt with shall also be included in the minutes.
When convening a virtual-only shareholder meeting, other than compliance with the requirements in the preceding paragraph, this Corporation shall specify in the meeting minutes alternative measures available to shareholders with difficulties in attending a virtual-only shareholders meeting online.
In the event of a virtual shareholders meeting, this Corporation shall disclose real-time results of votes and election immediately after the end of the voting session on the virtual meeting platform according to the regulations, and this disclosure shall continue at least 15 minutes after the chair has announced the meeting adjourned.

Article 14: Public disclosure

If there are matters regarding resolutions of shareholders' meetings that involve significant information as prescribed by laws or regulatory authorities, this Corporation shall upload the content of such resolution to the MOPS within the prescribed time period.

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Article 15 : Handling of disconnection

In the event of a virtual shareholders meeting, this Corporation may offer a simple connection test to shareholders prior to the meeting, and provide relevant real-time services before and during the meeting to help resolve communication technical issues.
In the event of a virtual shareholders meeting, when declaring the meeting open, the chair shall also declare, unless under a circumstance where a meeting is not required to be postponed to or resumed at another time under Article 44-20, paragraph 4 of the Regulations Governing the Administration of Shareholder Services of Public Companies, if the virtual meeting platform or participation in the virtual meeting is obstructed due to natural disasters, accidents or other force majeure events before the chair has announced the meeting adjourned, and the obstruction continues for more than 30 minutes, the meeting shall be postponed to or resumed on another date within five days, in which case Article 182 of the Company Act shall not apply.
For a meeting to be postponed or resumed as described in the preceding paragraph, shareholders who have not registered to participate in the affected shareholders meeting online shall not attend the postponed or resumed session.
For a meeting to be postponed or resumed under the second paragraph, the number of shares represented by, and voting rights and election rights exercised by the shareholders who have registered to participate in the affected shareholders meeting and have successfully signed in the meeting, but do not attend the postpone or resumed session, at the affected shareholders meeting, shall be counted towards the total number of shares, number of voting rights and number of election rights represented at the postponed or resumed session.
During a postponed or resumed session of a shareholders meeting held under the second paragraph, no further discussion or resolution is required for proposals for which votes have been cast and counted and results have been announced, or list of elected directors.
When this Corporation convenes a hybrid shareholders meeting, and the virtual meeting cannot continue as described in second paragraph, if the total number of shares represented at the meeting, after deducting those represented by shareholders attending the virtual shareholders meeting online, still meets the minimum legal requirement for a shareholder meeting, then the shareholders meeting shall continue, and not postponement or resumption thereof under the second paragraph is required.
Under the circumstances where a meeting should continue as in the preceding paragraph, the shares represented by shareholders attending the virtual meeting online shall be counted towards the total number of shares represented by shareholders present at the meeting, provided these shareholders shall be deemed abstaining from voting on all proposals on meeting agenda of that shareholders meeting.

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When postponing or resuming a meeting according to the second paragraph, this Corporation shall handle the preparatory work based on the date of the original shareholders meeting in accordance with the requirements listed under Article 44-20, paragraph 7 of the Regulations Governing the Administration of Shareholder Services of Public Companies.
For dates or period set forth under Article 12, second half, and Article 13, paragraph 3 of Regulations Governing the Use of Proxies for Attendance at Shareholder Meetings of Public Companies, and Article 44-5, paragraph 2, Article 44-15, and Article 44-17, paragraph 1 of the Regulations Governing the Administration of Shareholder Services of Public Companies, this Corporations shall handle the matter based on the date of the shareholders meeting that is postponed or resumed under the second paragraph.

Article 16 :

To convene a virtual-only shareholders meeting, appropriate alternative measures available to shareholders with difficulties in attending a virtual shareholders meeting online shall be specified. Except for the circumstances specified in Article 44-9, paragraph 6 of the Regulations Governing the Administration of Shareholder Services of Public Companies, At least the shareholders should be provided with connection equipment and necessary assistance, and the period during which shareholders may apply to the company and other relevant matters to be noted should be stated.

Article 17:

Any matters not specified in these regulations shall be handled in accordance with the provisions of the Company Act, relevant laws and regulations, and the Articles of Incorporation of this company.

Article 18:

These regulations shall come into effect after being passed by the shareholders' meeting, and the same applies to any amendments made to them.

Article 19:

These Operational Procedures were promulgated on August 24, 2021.

Amended for first time on June 20, 2023

Amended for 2nd time on June 20, 2024.

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Appendices 3

Standard Chem. & Pharm. Co., Ltd.

Shareholding of Directors

The Company has issued 178,696,089 shares of common stock.
Minimum shareholding required for all directors and shareholdings recorded in the shareholders' register:

Title	Minimum share required	Shares record per register
Directors	10,721,766	26,608,440

Book closure date: 2026/3/14~2026/5/12

Directors shareholding record table: 2026/3/13

Position	Name	Shares per register	Shareholding ratio (%)
Chairman	Tzu-Ting Fan	11,766,604	6.58
Director	Fan Dao Nan Foundation
Representative: Chin-Tsai Fan	5,623,881	3.14
Director	Tsuey-Wen Yeh	9,124,669	5.10
Director	Yuan-Teh Lee	-	-
Director	Wen-Jang Lin	93,286	0.05
Independent Director	Hwei-Jiung, Wang	-	-
Independent Director	Shao-Zong, Liu	-	-
Independent Director	Lawrence C. Lee	-	-
Independent Director	Yi-Zhen Zhang	-	-
Total		26,608,440	14.87

The total shareholding of all directors of the Company meets the statutory minimum shareholding requirement.

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S.C.P.C — AGM Information 2026

51900_rns_2026-04-10_2992b2ba-5cfc-46a0-b5bf-b506481d8318.pdf

2026

Shareholders' Meeting Handbook

Disclaimer

Table of Contents

Attachments

Appendices

II. Meeting Agenda

Agenda of Annual Meeting of Shareholders

Audit Committee’s Review Report

Resolution:

Proposal:

Explanation:

Resolution:

Attachments

Attachment 1:

Standard Chem. & Pharm. Co., Ltd.

2025 Business Report

4. Operation Summary

5. Budget Implementation

6. Profitability Analysis

7. Research and Development

Attachment 2:

Opinion

Basis for opinion

Key audit matters

Existence of domestic sales revenue from human medicines

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

STANDARD CHEM. & PHARM. CO., LTD.

Opinion

Basis for opinion

Key audit matters

Existence of domestic sales revenue from human medicines and dietary supplements

Description

How our audit addressed the matter

Other matter – Reference to the audits of other auditors

Other matter – Parent company only financial reports

Responsibilities of management and those charged with governance for the consolidated financial statements

Auditors’ responsibilities for the audit of the consolidated financial statements

STANDARD CHEM. & PHARM. CO., LTD. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

STANDARD CHEM. & PHARM. CO., LTD. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

STANDARD CHEM. & PHARM. CO., LTD. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

Attachment 3:

Appendices

Appendices 1

Articles of Incorporation of STANDARD CHEM. & PHARM.CO., LTD.

Chapter 1 General Provisions

Chapter 2 Capital Stock

Chapter 3 Shareholders' Meeting

Chapter 4 Directors and Audit Committee

Chapter 7 Supplementary Provisions

Article 4: Shareholder attendance registration process

Article 5: Chairman and Attendees of the Shareholders' Meeting

Article 6: Calculation of Shareholding for Attendance at Shareholders' Meeting

Article 7: Documentation of a shareholders meeting by audio or video

Article 8: Discussion of proposals

Article 9: Shareholder speech

Article 13: Minutes of the meeting

Article 14: Public disclosure

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S.C.P.C AGM Information 2026