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S.C.P.C Annual Report 2025

Mar 11, 2026

51900_rns_2026-03-11_085ac9bb-db58-4de6-8885-38bbbff45175.pdf

Annual Report

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Standard Chem & Pharm Co., Ltd. Stock Symbol : 1720

2026 Investor Conference 03/12/2026

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免責聲明 Safe Harbor Notice

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本次簡報與討論包含特定預測性的說明,而其內容有關於營運結果、財務狀況,以及對未來事 件的預期。因為此等前瞻性說明是有關於未來事件,而且取決於未來發生時的環境因素,所以必 然含有風險與不確定性。

本公司將不負擔公開更新或修改這些預測性的說明之義務,無論是出現新資訊、未來發生任何 事件,或其他情況。實際結果可能與此等預測性說明推測的內容有重大差異。

In these presentations and discussions, there are certain forward looking statements regarding the results of operation, financial condition and current expectation about future events. As forward-looking statements relate to events and depend on circumstances in the future, they involve risk and uncertainty. We do not undertake any obligation to publicly revise or update any forward looking statements for availability of new information, future events or otherwise. Real result probably differ substantially from those expected in these forward-looking statements.

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1
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© 2026 SCP, Ltd

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Agenda

Introduction of Standard Group

2025 Operating Results

Future Operation Strategy

Environmental, Social, and Governance(ESG)

2

© 2026 SCP, Ltd

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Agenda

Introduction of Standard Group

2025 Operating Results

Future Operation StrategyEnvironmental, Social, and Governance(ESG)

3

© 2026 SCP, Ltd

SCP and Related / Affiliated Com anies p

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Upstream Manufacture Channels
Syn-Tech (1982; 2005
SCP(1967;
Taiwan Biosim(2017)
Over-The-Counter OTC)
Western 1995 listed stock)
medicine
Your Chance
Syngen(1999; 2016 OTC) Souriree(1997)
(Invested in 2013;
2024.03 OTC)
Syngen(1999)
Healthcare Multipower
nutrition (Invested in 2012)
Sun-you(1994)
Medical- Syngen (1999)
devices
Ho Yao Biopharm (2021)
Obtained CRO certification In October 2023
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© 2026 SCP, Ltd
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4
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International Accreditation

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2000
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2009
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2017
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2025
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. The first pharmaceutical company in Taiwan to receive ISO 9001 certification in 1998

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The first TW company to pass US FDA inspection in 2000

Subsequent US FDA GMP inspections : no 483 Last Inspection : 2022/10/31

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Passed JP PMDA GMP inspection in 2018(Follow-up inspection passed in May 2025)

SCP received JP PMDA’s “Certificate of Foreign Drug Manufacturer” in 2008

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2009

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SCP’s API plant passed AU TGA inspection

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2010 SCP passed TW PIC/S GMP inspection 2012 SCP is certified GDP by the T-FDA

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2012 SCP passed K-FDA inspection

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© 2026 SCP, Ltd

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Agenda

Introduction of Standard Group

2025 Operating Results

Future Operation StrategyEnvironmental, Social, and Governance(ESG)

6

© 2026 SCP, Ltd

Consolidated Income Statement

Items 2025 2024 Diff. Annual
changes (%)
(Unless otherwise specified, expressed
in thousands of New Taiwan Dollars)
Operating revenue 7,023,025 6,789,223 233,802 3.4%
Gross profit 2,908,809 2,988,691 (79,882) (2.7%)
Gross profit margin 41.42% 44.02% (2.6%)
Operating expenses 1,546,017 1,592,375 (46,358) (2.9%)
Operating profit 1,362,792 1,396,316 (33,524) (2.4%)
Non-operating income and expenses 151,084 231,043 (79,959) (34.6%)
Profit before income tax 1,513,876 1,627,359 (113,483) (7.0%)
Profit for the year 1,255,529 1,294,310 (38,781) (3.0%)
Profit attributable to Shareholders of
the parent
927,659 880,501 47,158 5.4%
EPS(NTD) 5.19 4.93 0.26 5.4%
2026 SCP, Ltd

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Q 7

© 2026 SCP, Ltd

Comparison of Quarterly Revenue of Past 5 Years (Consolidated)

0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
2,000,000
Q1
Q2
Q3
Q4
2021
2022
2023
2024
2025
Expressed in thousands of NTD
21
21
22
24
25
23
21 22
24 25
23
21 22
24 25
23
21 22
24
23
25
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
2,000,000
Q1
Q2
Q3
Q4
2021
2022
2023
2024
2025
Expressed in thousands of NTD
21
21
22
24
25
23
21 22
24 25
23
21 22
24 25
23
21 22
24
23
25
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
2,000,000
Q1
Q2
Q3
Q4
2021
2022
2023
2024
2025
Expressed in thousands of NTD
21
21
22
24
25
23
21 22
24 25
23
21 22
24 25
23
21 22
24
23
25
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
2,000,000
Q1
Q2
Q3
Q4
2021
2022
2023
2024
2025
Expressed in thousands of NTD
21
21
22
24
25
23
21 22
24 25
23
21 22
24 25
23
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24
23
25
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
2,000,000
Q1
Q2
Q3
Q4
2021
2022
2023
2024
2025
Expressed in thousands of NTD
21
21
22
24
25
23
21 22
24 25
23
21 22
24 25
23
21 22
24
23
25
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
2,000,000
Q1
Q2
Q3
Q4
2021
2022
2023
2024
2025
Expressed in thousands of NTD
21
21
22
24
25
23
21 22
24 25
23
21 22
24 25
23
21 22
24
23
25
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
2,000,000
Q1
Q2
Q3
Q4
2021
2022
2023
2024
2025
Expressed in thousands of NTD
21
21
22
24
25
23
21 22
24 25
23
21 22
24 25
23
21 22
24
23
25
Q1 Q2 Q3 Q4 Total Growth(%)
2021 1,101,113 1,149,060 1,120,840 1,233,069 4,604,082 +6.9%
2022 1,237,170 1,481,061 1,549,872 1,583,265 5,851,368 +27.1%
2023 1,493,025 1,509,004 1,645,531 1,592,208 6,239,768 +6.6%
2024 1,613,535 1,760,104 1,742,442 1,673,142 6,789,223 +8.8%
2025 1,640,034 1,827,915 1,769,689 1,785,387 7,023,025 +3.4%

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Q

8

© 2026 SCP, Ltd Note: SYN-TECH CHEM. & PHARM. Co., Ltd. is consolidated into the financial report since 2021.12.08

Consolidated Balance Sheet

Items 2025 2025 2024 2024 Diff.
Annual
changes(%)
(Expressed in thousands of NTD) Amount % Amount %
Cash and cash equivalents 1,833,746 15.5% 1,520,128 13.6% 313,618
20.6%
Accounts receivable 1,370,646 11.6% 1,339,410 12.0% 31,236
2.3%
Inventories 1,569,221 13.3% 1,720,381 15.4% (151,160) (8.8%)
Investments 1,769,848 15.0% 1,499,821 13.4% 270,027
18.0%
Property,plant and equipment 4,225,363 35.8% 4,128,811 36.9% 96,552
2.3%
Others 1,027,079 8.7% 966,994 8.7% 60,085
6.2%
Total Assets 11,795,903 **100.0% ** 11,175,545 100.0% 620,358
5.6%
Current Liabilities 2,156,966 18.3% 1,660,932 14.9% 496,034
29.9%
Non-current Liabilities 352,128 3.0% 538,545 4.8% (186,417) (34.6%)
Total liabilities 2,509,094 **21.3% ** 2,199,477 19.7% 309,617
14.1%
Total shareholder’s equity 9,286,809 **78.7% ** 8,976,068 80.3% 310,741
3.5%
2026 SCP, Ltd
Debt Ratio(Liabilities/Assets)
21.3%
19.7%

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Q 9

© 2026 SCP, Ltd

Consolidated Cash Flows

Consolidated Cash Flows
Items 2025 2024 Q
10



(Expressed in thousands of NTD)
Cash at beginning of year 1,520,128
2,036,743
Cash flows from operating activities 1,766,827
1,694,941
Investment (542,247) (192,351)
Acquisition of property, plant and equipment (492,866) (596,477)
Cash dividends (500,349) (482,479)
Short & long-term borrowings 390,973
(749,027)
Others (308,720) (191,222)
Cash at end of year 1,833,746
1,520,128
2026 SCP, Ltd
Free cash flow
(Cash flows from operating activities-Acquisition of property, plant and
equipment)
1,273,961
1,098,464

© 2026 SCP, Ltd

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1720 SCP net rofit after tax and EPS in 2025
p
NTD Thousand NTD
1,000,000 6.00
5.19
900,000 4.93
4.56 4.67 5.00
800,000
3.95
700,000
4.00
600,000
2.93
500,000 3.00
400,000 2.09 1.95 1.90 2.03 2.09 2.11 2.70 2.80
2.50
2.00
1.61 1.73 2.00
300,000 1.47 2.50
1.80
1.60 1.50
200,000 1.50 1.50
1.50 1.00
1.20 2.50
Q
100,000
1.00 1.00
1.00
0 0.00
11
© 2026 SCP, Ltd
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© 2026 SCP, Ltd

1777 SYN-TECH’s net rofit after tax and EPS in 2025 p

NTD Thousand

NTD

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8.82
400,000 9.00
8.00
350,000
6.62
7.00
300,000 6.21 5.87
6.00
5.20 5.27 5.31
250,000 4.93 5.12
5.63
5.00
5.03
200,000
4.00
3.10
150,000
1.99
3.00
2.19 4.00 5.3
1.89
100,000 3.30 4.0
2.00
3.50 3.50
3.00
1.30 3.50 1.75
50,000 2.00 3.00 3.50 1.93 1.00
1.00 0.50
0 0.00
© 2026 SCP, Ltd
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Q

12

© 2026 SCP, Ltd

8279 Syngen’s net profit after tax and EPS in 2025

NTD Thousand

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NTD Thousand NTD
400,000 14.00
11.85
350,000
12.00
10.14 10.02
300,000
10.00
8.77 8.86
250,000 7.86 7.95
8.00
6.43
200,000
5.8
6.00
4.69
150,000
3.76
4.00
100,000
3.50
2.04 4.00
5.00 5.00 5.00 5.00
2.00
50,000
1.00 1.00 2.50
3.00
0.50
0.00 1.00
0 0.00
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13

© 2026 SCP, Ltd

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Agenda

Introduction of Standard Group

2025 Operating Results

Future Operation Strategy

Environmental, Social, and Governance(ESG)

14

© 2026 SCP, Ltd

Future Milestone

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From Taiwan to International From Generics to Better than Generics (BTG)

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© 2026 SCP, Ltd

Revenue Growth Strate - Taiwan gy

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Company EPS 2025 SCP (1720) 5.19 Syn-Tech (1777) 5.87 Syngen (8279) 10.02

  • ⚫ Focusing on four key business areas with excellent operational capabilities and a strong management team.

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Q

  • ➢ Western medicine formulations, APIs, health supplements, and retail chain channels.

16

© 2026 SCP, Ltd

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Si nificant Business Activities in Recent Years g

Taiwan China Japan • • • 6 Products Expected to Launch Cumulative In-House Marketing Authorizations: 3 cases 2 cases (bronchiolitis and in 2026 First-to-Market OAB Product: (Erectile dysfunction, diabetes,and ALS) 1 products • • Accumulated technology CNS: 2 products 2 cases transfer licenses: 3 cases Diabetes drug: 1 Product • • Consistency Evaluation(GQCE) Gastrointestinal: 1 Product 4 cases 1 cases. reviews in progress: Expectorant: 1 Product • • : 3 cases. In Development

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  • Continues to be sold: 2 cases (bronchiolitis and oral anti-inflammatory and pain relief medications.)

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  • Contracts in progress: 2 cases

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  • In Development: 4 cases

  • CDMO Under Discussion 1 cases

  • • New in-licensed drug: Q

  • 1 cases (Gout) 17

  • 2026 Global Marketing Team: Taiwan team: 180 members

  • Vietnam team: 25members Philippines team: 19 members

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© 2026 SCP, Ltd

International Market Expansion and Collaboration Model

International Market Expansion

  • Primary sales markets: Southeast Asian countries, South Korea, Japan, and China.

  • Actively expanding into Europe, the U.S., and Canada.

Licensing Collaboration

  • Adopting a diversified collaboration approach by licensing registered products to local partners for sales.

  • Seeking original brand agency rights to enhance competitiveness in the Taiwan market.

CDMO / CMO

  • In recent years, collaboration with major Japanese pharmaceutical companies on CDMO projects has laid a solid foundation for SCP presence in the Japanese market.

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Q

  • Actively pursuing additional CDMO / CMO partnerships to continuously drive revenue growth.

18

© 2026 SCP, Ltd

China’s Generic Pharmaceutical Market –

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Transformation Toward Higher Quality and Differentiation

Market Overview

Policy Direction: High-Quality Development

  • Operational Challenges: Policy and Pricing Pressure

  • NMPA emphasizes quality and efficiency in generic drug consistency evaluation

  • Ongoing expansion of centralized procurement intensifies price competition

  • • Regulatory review and technical requirements becoming more stringent

  • Strengthened quality supervision for products selected under centralized procurement

  • Market Orientation: Encouraging Differentiated Products

  • Increasing project risks and uncertainties

  • Industry Transformation: Rapid Growth of Innovative Drugs

  • Four batches of recommended generic drug lists have been released

  • Focus on products with expiring patents and insufficient supply

  • Parallel development of innovative R&D and overseas licensing

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Q

  • Market shifting from price competition to value competition

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© 2026 SCP, Ltd

China’s Generic Pharmaceutical Market – O ortunities for SCP pp

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Strategic Response and Growth Drivers

  • Focus on high-quality and high-barrier products to avoid low-price competition.

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  • Strengthen API strategic alliances to enhance supply stability and cost advantages.

  • Establish a differentiated positioning of “Manufactured in Taiwan, Imported into China.”

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© 2026 SCP, Ltd

U.S. Generic Pharmaceutical Market

Market Overview

Project Economics Challenges

Rising Drug Pricing Policy and Market Pressure

  • Accelerating price erosion shortens the investment payback periodProduct selection and differentiation capabilities have become critical success factors.

  • Drug pricing continues to receive significant political and policy attention. Following the implementation of the Inflation Reduction Act (IRA), market expectations for pricing have become more conservative.

  • Intensifying Market Competition

Increasingly Stringent Regulatory and Quality Requirements

  • The FDA has raised expectations for data integrity and regulatory compliancePostlaunch supply reliability and quality track record have become key partnership thresholds.

  • Fierce competition among first generics, with faster price erosion after product launch.The number of market entrants and timing of entry are key factors determining project economics.

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© 2026 SCP, Ltd

U.S. Generic Pharmaceutical Market – O ortunities for SCP pp

Strategic Initiatives

  • Leverage patent challenges and proprietary patent portfolio to establish dual market entry barriers and strengthen market exclusivity.

  • Adopt a multi-regional partnering strategy to diversify market and pricing risks and extend the investment payback period.

  • Form strategic alliances with API manufacturers to enhance cost competitiveness and supply stability.

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© 2026 SCP, Ltd

Japan’s Generic Pharmaceutical Market – AG and Bio-AG Pricin Polic Ad ustments g y j Generic Pharmaceutical Reform: AG and Bio-AG Pricing Policy Adjustments

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Current System: Priced in line with generic drug pricing rules

  • AG products have the same ingredients, API, excipients, and manufacturing process as the originator drugs and currently hold a dominant market share.

  • Current pricing: AG at 50% of the originator drug price; Bio-AG at 70%.

  • After Reform: Same pricing as originator drugs

  • Market reshuffling expected: As the pricing advantage of AG products diminishes, generic manufacturers with strong in-house R&D capabilities or superior cost control may regain market share.

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Q

23

© 2026 SCP, Ltd

Japan’s Generic Pharmaceutical Market – O ortunities for SCP pp

Market Positioning and Differentiation Strategy

1. Establish deep collaborations and strategic alliances with API manufacturers to ensure stable supply and effective cost control.

2. Focus on high-margin generic drugs by avoiding originator patents and filing applications at the earliest opportunity, while pursuing formulation differentiation to meet the needs of an aging market.

“ Centering on technology and R&D, the Company focuses on differentiated generic drugs and strengthens cost and supply chain competitiveness through strategic alliances with API manufacturers.By partnering with CDMO collaborators, it aims to expand production capacity and broaden its presence in the Japanese market.”

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© 2026 SCP, Ltd

Revenue Growth Strate - China gy

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Strategy

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Achievements in getting licenses

  • Own brand and tech transfer simultaneously

  • 3 cases for tech transfer

    • 3 case for import license
  • CDMO

  • Expand the number of collaborative projects and pharmaceutical companies

NMPA Consistency Evaluation

 1 cases submitted for evaluation

Medium-term targets

  • Self-developed products submission

  • Tech transfer profit sharing revenue

Project initiation/Research in progress

Cooperation

  • Tech-transfer

  • 3 cases in progress

  • Joint ownership of License

  • Cooperative production and marketing

  • Profit-sharing Partnerships

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© 2026 SCP, Ltd

Revenue Growth Strate - Ja an gy p

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Strategy

Collaboration Model

  • Distribution of Originator Innovative Drugs.

  • CDMO / CMO

  • Collaboration with Japanese Pharmaceutical Companies in Other Markets.

  • Japan marketing partner

  • Strategic Alliances / Vertical Integration with API Manufacturers

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Current State

On Going

  • 2 items continue sales

  • CDMO/CMO

  • 2 under PMDA review

  • Common items for China/ Southeast Asia/ Japan are under discussion

  • 4 products currently under development

  • Actively pursuing CMO partnerships and innovative drug licensing

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Revenue Growth Strate - U.S. gy

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Strategy

Collaboration Model

  • Distribution of Originator Innovative Drugs.

  • CDMO: Partner holds the license

  • Strategic Alliances with API

and manages commercialization

  • Vertical Integration with Syn-Tech and API Operations

  • CMO

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Current State

On Going

  • 2 items continue sales

  • (Lipid-Lowering Therapy, ALS)

  • CDMO/CMO

  • 2 Products in Development; Actively Seeking Partners

  • Actively pursuing innovative drug distribution opportunities

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Strate ies for Addressin Globalization Challen es
g g g
Agency for
Strategic Alliance Self-Challenge First-to-File
Branded Drugs
Strengthen Supply Complex / Patent- Gaining the Early Fulfilling Market
Stability and Cost Challenged Market Entry Needs for
Advantage Generics Advantage Pharmaceuticals
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Agenda

Introduction of Standard Group2025 Operating Results

Future Operation Strategy

Environmental, Social, and Governance(ESG)

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Net Zero Emissions and Sustainable Develo ment p

Energy Management

Waste Management

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• Engaged qualified waste disposal and recycling companies for waste removal and resource recovery. • A waste disposal plan is submitted in accordance with regulations and implemented upon official approval.Only legally registered waste transporters and treatment facilities with Class A certification are selected for handling and processing.

  • Replacement of 180 T5 fluorescent grid ceiling lights with LED panel lights.

  • Upgrade of 25HP fixed-speed air compressor to 30HP variablespeed air compressor at the Liquid High Plant.

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  • By implementing regular maintenance, conducting wastewater quality testing, improving system parameters, and optimizing water production conditions, we effectively reduce carbon emissions, enhance cost efficiency, and conserve energy.

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Water Resource Management

  • Optimize production processes and product design to reduce water usage and enhance production efficiency.

  • Give priority to the use of water-saving equipment to reduce water loss.

  • Treated wastewater from the wastewater treatment plant Q

  • was supplied to the Environmental Protection Bureau for street cleaning, providing 304 tons of water in 2025.

  • Ensure regular maintenance and inspection of pipelines to minimize water leakage and wastage.

  • Periodically disclose the company's water consumption to raise employee awareness on the importance of conserving water resources.

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Awarded the Taiwan BIO Awards – Outstandin Com an of the Year g p y

Awarded the Gold Award 3 times (2014, 2021, and 2025)

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Recognized as an Outstanding Enterprise for Green Procurement

Invited to the Tainan City Environmental Protection Excellence Awards Ceremony (Dec. 18, 2025) and honored as the 2024 Outstanding Green Procurement Enterprise of Tainan City.

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Protectin the Ocean : Beach Cleanu Activit g p y

⚫ For two consecutive years, employees have voluntarily initiated beach cleanup activities, with a total of 108 participants. A cumulative 1,092 meters of shoreline were cleaned, and 126 kilograms of trash were removed.

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Social Care and En a ement - Fan Dao Nan Foundation g g

Introduction to the foundation

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  • Established in 1987

  • Endowment Fund: NT$202.26 Million

  • Annual Budget: NT$14 Million

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Principal Activities

  • Cultural and educational development activities

  • Public education affairs

  • Children’s education and happiness

  • Scholarships and Talent Cultivation

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Rewards and Honors Received

  • 2011: Special Recognition Award – Ministry of Education

  • 2012: Tainan City Govt. Grant for Scholarship Program

  • 2013: National Special Selection Award for

After-School Program – Dept. of Education

  • 2022: Group Award on Social Education Contribution by Ministry Of Education

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Social Care and Community Engagement Social Care and Community Engagement Social Care and Community Engagement Social Care and Community Engagement Social Care and Community Engagement Social Care and Community Engagement
2025 Social Welfare Contributions: NT$13.91 million
Scholarships Hope After-school Class Sunflower Wednesdays

High school :
8 schools, totaled 144 students

Middle school :
Weekday afternoons Every Wednesday afternoons
59 schools, totaled 785 students 21 schools, 1,018 students 8 Schools, 410 students

Elementary school :
233 schools, totaled 2,629 students
NTD 7.72 million NTD 1.19 million NTD 0.40 million
Other Sponsorships Meal-Assistance Charity

Sponsor 17 public welfare
organizations. Provided 6,630 meals SCP Children’s Drawing
(Chi Po-lin Foundation、Tainan City Social
Affairs Bureau – Child and Youth Savings
Competition NTD 0.54 million
SCP National Table Tennis
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Account Program, Donations for Typhoon
Danas Relief – Xinying District Office, Yijhu
Township Office, and others)
Competition NTD 2.11 million
(Estimated Expenses)
© NTD 1.31 million
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Social Care and Engagement -
The 40th SCP Children's Drawin Com etition
g p
⚫ Held on September 27, 2025, at Wanpi World Safari Zoo, with 530 participating
students and 576 accompanying teachers and parents, totaling 1,106 people.
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Kindergarten Category - Lower Grade Category - Middle Grade Category - Upper Grade Category -
Gold Award Gold Award Gold Award Gold Award
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Social Care and Engagement - The 40th SCP National Table Tennis Com etition p

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A total of 293 teams and 2,177 participants competed in the event held for three consecutive days starting December 5, 2025, at the Tainan Municipal Xinying Stadium.

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Social Care and Engagement - Senior Gym - Dotcom S orts & Health Center p

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Year 2025

  • ⚫ Total usage reached 170,226 visits.

  • ⚫ Held 42 “Healthy and Active Living” seminars (Including 28 physical fitness classes and 14 health seminars), providing nutritional care education, strength training, and fitness programs for the elderlyAwarded the Sustainable Operations.

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  • ⚫ Awarded the 2024 Tainan City Public Health Bureau Silver Club Program – Sustainable Management Award.

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Social Care and Engagement - Annual Blood Donation Drive with Grou Em lo ees p p y

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⚫ 196,000 cc of Blood Donated Over the Past Three Years

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