SINBON Electronics — AGM Information 2025

May 27, 2025

SINBON ELECTRONICS CO., LTD. Year 2025 Annual Meeting Minutes of Shareholders

Time: 9:00 a.m. on Tuesday, May. 27, 2025.

Place: 4F-13, No.79, Sec. 1, Hsin Tai Wu Rd., Hsi Chih Dist., New Taipei City 221, TAIWAN

Total outstanding shares: 240,069,014 shares.

Total shares represented by shareholders present in person or by proxy: 211,282,583 shares.

The percentage of shares held by shareholders present in person or by proxy: 88 %.

Chairman: Joseph Wang (Chairman of the Board)

Recorder: Angela Cheng

Chairperson Remarks (omitted)

Reports on Company Affairs:

1. 2024 Business Report.(appendix 1)

2. Audit and Risk Committee Review Report on the 2024 Financial Statements.(appendix 2)

3. The Status of Domestic Unsecured Convertible Bonds VIII.

4. Remuneration to Employees, Directors.

Proposals:

1. Proposed by the Board

Proposal:

Adoption of the 2024 Business Report and Financial Statements Explanation:

• (1) The Company’s Financial Statements, including the balance sheet, income statement, statement of changes in shareholders’ equity, and

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statement of cash flows, were audited by independent auditors, Lo, Wen Chen and Chen, Ming Hung of Ernst & Young CPA Firm. Also Business Report and Financial Statements have been approved by the Board and examined by the Audit Committee.

• (2) The 2024 Business Report, independent auditors’ audit report, and the above-mentioned Financial Statements are attached appendix 1 and 3.

Resolution: Approval votes 188,563,363, disapproval votes 9,441, and abstention votes 22,709,779 of total votes 211,282,583. The proposal was approved.

2. Proposed by the Board Proposal:

Adoption of the Proposal for Distribution of 2024 Profits Explanation:

• (1) The Board has adopted a Proposal for Distribution of 2022 Profits in accordance with the Company Act and Articles of Incorporation. Please refer to the 2022 PROFIT DISTRIBUTION TABLE below.

• (2) Upon the approval of the Annual Meeting of Shareholders, it is proposed that the Board of Directors be authorized to resolve the ex-dividend date, distribution date, and other relevant issues.

• (3) In the event that, before the distribution record date, the proposed profit distribution is affected by an amendment to relevant laws or regulations, a request by the competent authorities, or a buyback of shares or issuance of new shares for transferring treasury shares to employees or for equity conversion in connection with domestic or overseas convertible corporate bonds or other convertible securities or employee stock options, it is proposed that the Board of Directors be authorized to adjust the cash to be distributed to each share based on the number of actual shares outstanding on the record date for distribution.

• (4) Please refer to the Profit Distribution Table as follows:

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SINBON ELECTRONICS CO., LTD. PROFIT DISTRIBUTION TABLE Year 202

SINBON ELECTRONICS CO., LTD. PROFIT DISTRIBUTION TABLE Year 202
	（Unit: NTD）
Items	Total
Beginning retained earnings	$ 3,654,257,158
Add: Other comprehensive profit(Defined benefit
plan actuarialprofits in 2024)	5,079,742
Add: netprofit after tax	3,528,999,661
Less: 10% legal reserve	(353,407,940)
Add: Special surplus reserve reversal	266,593,367
Distributable net profit	7,101,521,988
Distributable items:
Cash Dividend to shareholders(NT$10.25/share)	(2,460,707,394)
Unappropriated retained earnings	$ 4,640,814,594

Resolution: Approval votes 188,592,416, disapproval votes 9,147, and abstention votes 22,681,020 of total votes 211,282,583. The proposal was approved.

Discussion Matters:

1. Proposed by the Board

Proposal:

Amendment to Articles of Incorporation, please proceed to discuss.. Explanation:

In order to conform to the needs of commercial practice, the company hereby proposes to amend the Articles of Incorporation. Please refer to appendix 4 for details.

Resolution: Approval votes 188,477,488, disapproval votes 9,046, and abstention votes 22,796,049 of total votes 211,282,583. The proposal was approved.

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2.

Proposed by the Board

Proposal:

Proposal for the Company diluting shares in its 100% subsidiary Radbon Electronics Co., Ltd. (hereinafter referred to as “Radbon”) and waiving our participation in Radbon's cash capital increase plan in order to cooperate with Radbon' plan for applying for stock listing on the TWSE/TPEx in the future, please proceed to discuss.

Explanation:

• (I) To support Radbon’s operational development, attract and retain professional talent, and comply with regulations for stock listing applications, the following requirements must be met:

• (1) Prior to applying for stock listing on TWSE/TPEx, the Company’s shareholding in Radbon must be reduced to below 70%.

• (2) At the time of listing, the shares in Radbon held by the Company, its subsidiaries, the said entities’ directors, supervisors, representatives, shareholders holding more than 10% of the Company’s shares, and the said entities’ related parties must not exceed 70% of Radbon’s total issued shares.

• (II) To meet the shareholding dispersion requirements for Radbon’s application for stock listing on TWSE/TPEx, should Radbon conduct one-time or multiple cash capital increases by issuing new shares (if any) before stock listing on TWSE/TPEx, the Company may dispose of its shares and/or waive its rights to subscribe for all or part of the new shares, and may dispose of a portion of its holdings in Radbon in one or multiple tranches in the following ways:

• (1) Waiver of subscription for cash capital increase: The issue price of Radbon's new shares in the cash capital increase shall not be lower than the net asset value per share stated in Radbon's most recent financial statements audited or reviewed by a CPA prior to the board resolution for the cash capital increase. Considering Radbon's operational development and the need to attract and retain professional talent to enhance operational performance, except for 10% to 15% of the shares issued in the cash capital increase reserved for subscription by employees of Radbon and its controlling or subordinate companies meeting certain conditions, and the shares that must be fully allocated for public offering and underwriting in accordance with Article 28-1 of the Securities and Exchange Act and relevant regulations, the Company may waive its right to subscribe for Radbon's new

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shares in the cash capital increase and will urge Radbon to solicit specific individuals to subscribe for the waived shares, with the Company's qualified shareholders, employees of the Company and its affiliates, and strategic or financial investors beneficial to Radbon's operational development prioritized. The Company's qualified shareholders refer to those recorded in the Company's shareholder registry on the most recent book closure date when the shares issued in Radbon's cash capital increase are available for subscription, and whose pro rata shareholding may allow them to subscribe for 1,000 or more new shares of Radbon (at that time, the Company's shareholders may pool their holdings according to relevant procedures). However, the actual issue price of the cash capital increase, the selection of specific subscribers, and the operational schedule shall be subject to the resolution of Radbon's board of directors.

• (2) Disposal of Radbon's shares: The price at which the Company disposes of its shares in Radbon shall not be lower than the net asset value per share stated in Radbon's most recent financial statements audited or reviewed by a CPA prior to the board resolution for the disposal (however, if the shares are already traded on the premises of securities firms, the price shall be determined based on the prevailing market price). When the Company disposes of its shares in Radbon, the Company's shareholders recorded in the shareholder registry on the most recent book closure date shall have the priority to subscribe for the shares in proportion to their shareholding at the time of subscription. However, to avoid increased share administration costs, this priority is limited to shareholders whose pro rata shareholding allows them to subscribe for 1,000 or more shares of Radbon based on the shareholder registry on the most recent book closure date. Furthermore, considering Radbon's operational development and the need to attract and retain professional talent to enhance operational performance, if the Company's shareholders waive their subscription rights or undersubscribe, the Chairman is proposed to be authorized to solicit specific individuals to subscribe for the undersubscribed portion. The counterparties to these transactions shall prioritize employees of Radbon, employees of the Company and its affiliates, and strategic or financial investors beneficial to

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Radbon's operational development. The actual transaction price, the selection of transaction counterparties, and the operational schedule shall be proposed to the shareholders' meeting for authorization to the Company's Board of Directors to determine based on prevailing market conditions and Radbon's operational situation, and shall be handled in accordance with the Company's then-current procedures for the acquisition or disposal of assets.

• (III) For the share disposal required for Radbon's application for emerging stock market or stock listing on TWSE/TPEx, the Company shall allocate shares for underwriter subscription and overallotment in accordance with relevant laws and TWSE or TPEx's regulations. The number and price of shares allocated shall be determined in consultation with underwriters based on relevant laws, TWSE or TPEx's regulations, market conditions, and Radbon’s operational situation.

This proposal has been approved by the first Audit and Risk Committee meeting of 2025 and submitted to the Board of Directors for approval. After board approval, it is submitted to the 2025 annual shareholders' meeting for discussion and authorization to the Board of Directors for handling with full authority.

Resolution: Approval votes 188,475,016, disapproval votes 18,998 and abstention votes 22,788,569 of total votes 211,282,583. The proposal was approved.

Other Matters: None.

Questions and Motions: None.

Adjournment

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Appendix 1 The 2024 Business Report

A Letter to Shareholders

To

General Meeting of Shareholders, SINBON Electronics Co., Ltd.

I. Business Policy and Practice:

The Chief Executive Officer and the Vice President of the Company are charged with logistics management while the President is in charge of 2 Business Groups, the R&D Division, Global Supply Chain Management Division, Quality Assurance and Engineering Service Center, Production and Operation Research Management Division, and Operation Performance Management Division. The gravity of business operation covers:

• (I) The research and integrated manufacturing of electronic parts and components: manufacturing of advanced wire harness, PCBA, wireless communication parts and components, and integrated electronic parts and components. The Company has successfully entered into the fields of automotive electronic parts and components, parts and components for electrical medical equipment, semi-conductor equipment, electric automobile and motorcycle, energy storage, and industrial automation.

• (II) Dealership of electronic related parts and components: dealing with the trading of connectors made by HRS of Japan, GPS Module, R/F antennae module, Driver IC and other strategic electronic parts and components.

• (III) The Company seeks to further develop its business territory of electronic parts and components through direct investment, strategic alliance, and mergers & acquisitions. Examples are the investment to establish SINBON Hungary, SINBON USA, SINBON Ohio, SINBON Mexico and Tongluo Science Park which enabled the Company to further push the glocalisation of designing and manufacturing and increase market share.

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The Company wishes to provide customers with total solutions of industrial services integration. Further to the positive development of new products and providing integrated and professional engineering services, the Company also successfully integrated the resources of its overseas subsidiaries through organization re-engineering and integration of information system to yield synergy to its entirety.

• II. Business Highlight in 2024:

• (I) Business Performance:

  • In 2024, the parent company of SINBON had net sale amounting to NT$8,822,729 thousand with gross margin at 27% and operating income amounting to NT$797,056 thousand, and net income of NT$3,529,000 thousand with earnings per share at NT$14.70 after taxation. The consolidated net sale of the whole group amounted to NT$33,087,505 thousand with gross margin at 25% and operating income amounting to NT$3,558,030 thousand, and net income of NT$3,523,445 thousand. With the net loss attributable to non-controlling interests of NT$5,555 thousand, net income attributable to shareholders of the parent company amounted to NT$3,529,000 thousand with earnings per share at NT$14.70 after taxation.

The execution of operation budget:

The operating income plan was achieved at 97.03% with gross margin attainment at 93.88%, and operating income attained at 88.60% as planned. Net income attainment at 99.35% and the profit goal has approximately been achieved as expected.

(II) Profitability analysis:

Profitability analysis:
Item	2024	2023
Return on Assets(%)	16	16
Return on Equity (%)	23	25
Earnings before taxation to paid-in capital ratio(%)	174	166
Netprofit rate(%)	40	35
Earningsper share(NTD)	14.70	13.71

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(III) R&D Outlook:

Year	Result of R&D
2011-2012	Successful development of HDMI,DDR 3, DDR 4, USB and other connectors and additional effort in the development of PV of which Junction Box, PV Connector and Cable have passed the tests of TUV and UL in PV international standard.
2013-2014	Our investee company, DigiO2, a digital medical service firm, engaged in a joint venture with the Remote Care Center of National Taiwan University Hospital in the remote care service project thereby developed the portable medical spraying device of “Brezze®Nebulizer”. This also enabled us to win the 2013 iF gold award in design from Germany.
2015-2016	1. Tablet PC development to DVT stage for SF Express. 2. Development to DVT stage for PC monitoring and control system. 3. EV Charger, EV charging gun, and AC charger pole are achieved at the DVT stage.
2017-2018	1. Assistance to the clients in the USA in the development of smart drug cabinet control line, smart light adjustable window control line. 2. Development of robotic arm control line, electronic fireplace, smart grids and other customized products.
2018-2019	1. Development of the sensor of safety air-bag belt, smart water heater, and parking lot display system. 2. AIOT (Artificial Intelligence of Things), the application system of AI x IoT.

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2020-2021

1. Development of factory use automated data collector. This device can collect data on the status of machine operation and repetitions of the use of tool, and can generate product quantity data in real-time as interface for electronic production report for combining with the IoT technology to upload the data to cloud system in real-time. 2. Development of factory MES system to provide a platform for real-time information that gives assistance to the factory end in keeping production in control and the progress of work, and early warning on equipment maintenance. This helps management staff to improve their work efficiency and tracking the production. 3. Development of image verification system for assisting factory end for confirmation of the line color, line location and content of the label. This helps to eliminate the probability of human error in identification process.

2022-2023

1. The development, application, and cloud database of the integrated system for the control of smart car IoT & electric bike. 2. Furthering the technology in the research and development of products in the field of Data Capture (including Single& four slot Ethernet Cradle, Vehicle cradle, and Vehicle charger, and essential peripherals of industrial grade terminal) and the nurturing of the engineering and integration capacity. 3. Design and production of semiconductor equipment cabinets. 4. AI warehouse robots for moving materials to the production lines. 5. Development of various kinds of Mobility products, charging connectors for big current battery. 6. Fitness training and Box Build

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	2024-	1. Electric Heavy Bikes. 2. Semiconductor machine precision testing cable assembly. 3. Oil well exploration cable assembly. 4. Transport drone connector and cable assembly. 5. EV PDU electric vehicle module cable. 6. ECG wire.

In 2024, the Group spent NT$1,235,157 thousand on research and development, which was an increase of 22% from the same period of the previous year. Significant effort has been made in the development of IoT, warehouse automation equipment, smart cars, green energy industries, robotic application, smart home and electronic parts and components. Ongoing improvement will be made on factory equipment efficiency. The Group is expected to spend at least NT$300 million or at least 3% of its revenue in research and development every year in the future.

• III. Summary of 2025 Business Plan:

• (I) Business policy in 2025:

  1. Customized heavy-duty,water-proof and weather-resistance electronic wire harness and connector solutions: provide customized wire harness design, with extension to physical design, PCB assembly, Smart Cable and other integrated engineering services. The products will be used in green energy industries, EV charging equipment, high precision equipment, semiconductor equipment cabinet, and different kinds of medical testing equipment. SINBON was engaged in the business of eletromechanical over the years.

  2. Ongoing dealership of electronic parts and components: With years of experience and professional standing in parts and components, The Company provides the customers with consultation service and technical support in different kinds of electronic parts and components, and emerged as the most reliable partner of the customers and agents.

  3. Advocacy and pursuit of ESG sustainability strategy: the Company reorganized the Corporate Social Responsibility

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Committee and established the Sustainability Committee under the direct supervision of the board in 2021. The CEO acts as the Director of this committee. The position of Sustainability Officer has also been created and is in charge of the “Sustainable Development Office” as the designated body for the advocacy and pursuit of ESG sustainability. The Sustainability Committee is consisted of 6 teams charged with the duties of “corporate governance”, “Green SINBON”, “environmental sustainability”, “sustainable supply chain”, “sustainable partnership”, and “value chain operation”. These teams are administered by senior managers of the Company with the expectation of sustaining the upgrade of SINBON in the performance of environmental protection, social participation, and corporate governance in 2024.

1. Active indulgence in product R&D for strengthening competitive power: prepared for the training and development of R&D people for ongoing refinement of R&D and engineering capacity. Further to the supply of innovative customized design to the need of the customers, the Company also seeks to assure quality for the ongoing assistance to customers in upgrading product performance, developing products with high added-value and competitive power.

2. Launching for digital transformation and accelerating factory automation: buildup of smart factory, introducing different factory automation systems. Upgrade production efficiency with stable qualify assurance through integrating the smart and digital process.

3. (II) Important policies of production and sale:

4. Strategic Alliance:

For customized precision connector development and design functions, verification, production and manufacturing, we will cooperate with strategic partners through strategic alliances or investment to meet the special needs of the market and achieve the purpose of business expansion and upstream and downstream integration, and solve the customer's pain points by fast design, early participation, high efficiency and high professional level.

1. Continued performance improvement:

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Through the performance evaluation function of the group to directly manage the indicators and operation performance of all business units of the group.

1. Development of niche products:

The Company provides integrated engineering service to upgrade the added-value of products. The gravity of production and sale rests with the development of niche models and products with challenge. The Company has successfully completed the development of high voltage wire harness for EC, aviation/navigation/vehicle GPS electronic parts and components, portable body signal devices, x-ray machine, MRI devices, porosity testing device, wind power generator, and also actively involved in the development of industrial controllers, semiconductor precision equipment, electronic medical devices, solar power storage and wind power generation, and aviation electronic parts and components.

1. In-depth development of the iMAGIC industry:

The Company aligns with the development trend and is engaged in the development of medical use, automotive, green, industrial, and communication connectors and PCBA, and further the development of the parts and components for automated warehouse system, robotic arms, warehouse moving robots, smart power system, unmanned shops, EV charging module, IoT module electric bikes, and drones.

• IV. The influence of the external competitive environment, regulatory environment and macroeconomic environment:

The last few years was characterized by the tariff issue after the election of the US president, and the ongoing China-US trade war and Ukraine and Russia, the sustained shortage and price surge of raw material supply, wide fluctuation of exchange rate, and international conflicts with unpredictable outcomes. The global supply chain was hardly hit. The challenge to the electronic manufacturers was even stronger. The Company is more confident to responds to the situation easily through global deployment to bolster the management of the supply chain so as to reduce operation risk, provide customers boundary free and zero lead-time service and support. In addition, SINBON seeks to speed up the

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introduction of automated production equipment and AMR, industrial use robotic arms for man-machine coordinated operation to tackle with the global shortage of labor supply. The Company is prepared to respond to any unfavorable situations to minimize the influence.

• V. Development strategy of the Company in the future:

• (I) The Company will continue to go for high growth through the launch of the strategic matrix (existing customers and products, existing customers and new products, and new customers and new products).

• (II) The Company has established a designated body for business development. This body is responsible for keeping track on market situation and the trend of development in the future and also search for next-generation products.

• (III) Continue to upgrade the R&D team and fortify its core know-how, and lay hands on frontier industries as early as possible and continue to challenge for products with challenging sophistication.

• (IV) Strategic Alliance: SINBON has proactively sought strategic alliance or joint venture partners through different channels over the years. This would help to bolster the competitive power of the Company and also provide the customers with total solutions in service through the integration of resources.

• (V) Indulge in sustainability and corporate governance, and voluntarily take part in major ESG rating at global level. SINBON also proactively responds to the SDGs of the United Nations, and gear up with the world for sketching out the strategic road map for sustainability in mid to long-term.

The management team would like to express its gratitude to the shareholders for their support and encouragement, and hopes the shareholders could continue to give supervision and suggestion to the team in the year ahead. As always, SINBON will persist with its corporate philosophy to yield good result for sharing with the shareholders.

To

General Meeting of Shareholders, SINBON Electronics Co., Ltd.

Chairman: Shaw-Shing Wang

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Appendix 2 Audit and Risk Committee Review Report on the 2024 Financial Statements

Review Report of Auditing Committee

March 27, 2025

The Board of Directors prepared the 2024 Separate Financial Statements and Consolidated Financial Statements of SINBON Electronics Co., Ltd., which have been audited by the Independent Auditors from Ernst & Young Taiwan, Lo, Wen Chen,CPA and Ming Hung, Chen,CPA. These statements and the Business Report and Proposal for Distribution of Earnings have been reviewed by the Audit and Risk Committee. In our

opinion, these statements and reports were proper in compliance with the Company Act and other applicable legal rules, and hereby presented

for your approval pursuant to Article 14-4 of the Securities and Exchange Act and Article 219 of the Company Act.

To

General Meeting of Shareholders of SINBON Electronics Co., Ltd.

SINBON Electronics Co., Ltd.

Convener of Audit and Risk Committee,

Ho-Ming, Chen

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Appendix 3 2024 Financial Statements

Independent Auditors’ Report Translated from Chinese

To SINBON Electronics Co., Ltd.

Opinion

We have audited the accompanying consolidated balance sheets of SINBON Electronics Co., Ltd. (the “Company”) and its subsidiaries and its subsidiaries as of 31 December 2024 and 2023, the related consolidated statements of comprehensive income, consolidated statements of changes in equity and cash flows for the years ended 31 December 2024 and 2023, and notes to the consolidated financial statements, including the summary of material accounting policies (collectively “the consolidated financial statements”).

In our opinion, based on our audits and the report(s) of the other auditors (please refer to the Other Metter – Making Reference to the Audits(s) of Other Auditors section of our report), the consolidated financial statements referred to above present fairly, in all material respects, the consolidated financial position of the Company and its subsidiaries as of 31 December 2024 and 2023, and their consolidated financial performance and cash flows for the years ended 31 December 2024 and 2023, in conformity with the requirements of the Regulations Governing the Preparation of Financial Reports by Securities Issuers and International Financial Reporting Standards, International Accounting Standards, Interpretations developed by the International Financial Reporting Interpretations Committee or the former Standing Interpretations Committee as endorsed and became effective by Financial Supervisory Commission of the Republic of China.

Basis for Opinion

We conducted our audits in accordance with the Regulations Governing Financial Statement Audit and Attestation Engagements of Certified Public Accountants and the 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 Company and its subsidiaries in accordance with the Norm of Professional Ethics for Certified Public Accountant of the Republic of China (the “Norm”), and we have fulfilled our other ethical responsibilities in accordance with the Norm. Based on our

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audits and the report(s) of the 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 2024 consolidated financial statements. These matters were addressed in the context of our audit of the consolidated financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.

1. Valuation for inventories

As of 31 December 2024, the Company and its subsidiaries net inventories amounted to NT$7,434,765 thousand. Net inventories accounted for 24% of consolidated total assets, which was considered material in the consolidated statements. As the fluctuation in market demand and the fast-changing technology could cause losses of obsolete and slow-moving inventories, the assessment of the inventory write-downs require significant management judgement. We therefore determined this a key audit matter.

Our audit procedures included, but not limited to, understanding and testing the adequacy of accounting policy around obsolete and slow-moving inventories; evaluating stocktaking plan and selecting important storage locations to observe inventory counts to ensure inventory quantities and status; obtaining inventory aging schedule to test whether inbound and outbound records are accurate; re-calculating the unit cost of inventories; and evaluating and testing net realizable value adopted by management. We also assessed the adequacy of disclosures of financial assets. Please refer to Notes 5 and 6 to the Company and its subsidiaries consolidated financial statements.

2. Impairment of accounts receivable

As of 31 December 2024, gross accounts receivable and loss allowance by the Company and its subsidiaries amounted to NT$8,474,498 thousand and NT$859,588 thousand, respectively. Net accounts receivable accounted for 25% of consolidated total assets. Since the loss allowance of account receivables is measured by the expected credit loss for the duration of the account receivables, it is necessary to divide account receivables into groups in the process of measurement and analyze the application of related assumptions, including appropriate aging intervals and their

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respective loss rate. As the measurement of expected credit loss involves making judgment, analysis and estimates, and the result will affect the net account receivable, we therefore determined this a key audit matter.

Our audit procedures included, but not limited to, analyzing the appropriateness of the grouping of account receivables and confirming whether customers with significantly different credit loss types are grouped by similar risk characteristics. Testing the provision matrix, including evaluating the appropriateness of the aging intervals and the accuracy of the basic data by reviewing the original certificates; testing the related statistics information of loss rate based on the rolling rate within one year. We also assessed the adequacy of disclosures of financial assets. Please refer to Notes 5 and 6 to the Company and its subsidiaries consolidated financial statements.

Other Matter– Making Reference to the Audits of Other Auditors

As explained in Note 4(3), we did not audit the financial statements of certain consolidated subsidiaries, which statements reflected total assets of NT$5,047,863 thousand and NT$7,048,083 thousand, constituting 16% and 23% of consolidated total assets as of 31 December 2024 and 2023, respectively, and total operating revenues of NT$9,113,485 thousand and NT$8,076,344 thousand, constituting 28% and 25% of consolidated operating revenues for the years ended 31 December 2024 and 2023, respectiely. Those financial statements were audited by other auditors, whose reports thereon have been furnished to us, and our opinions expressed herein are based solely on the audit reports of the other auditors. We did not audit the financial statements of certain associates and joint ventures accounted for under the equity method whose statements are based solely on the reports of the other auditors. As explained in Note 6(7), these associates and joint ventures under equity method amounted to NT$908,342 thousand and NT$850,957 thousand, both representing 3% of the total assets as of 31 December 2024 and 2023. The related shares of profits from the associates and joint ventures under the equity method amounted to NT$200,593 thousand and NT$145,464 thousand, both representing 4% of the net income before tax for the years ended 31 December 2024 and 2023, respectively, and the related shares of other comprehensive income (loss) from the associates and joint ventures under the equity method amounted to NT$(22,172) thousand and NT$20,593 thousand, representing (8)% and (14)% of the consolidated other comprehensive income (loss) for the years ended 31 December 2024 and 2023, respectively.

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 requirements of the Regulations Governing the Preparation of Financial Reports by Securities Issuers and International Financial Reporting Standards, International Accounting Standards,

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Interpretations developed by the International Financial Reporting Interpretations Committee or the former Standing Interpretations Committee as endorsed by Financial Supervisory Commission of the Republic of China 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 ability to continue as a going concern of the Company and its subsidiaries, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Company and its subsidiaries or to cease operations, or has no realistic alternative but to do so.

Those charged with governance, including audit committee or supervisors, are responsible for overseeing the financial reporting process of the Company and its subsidiaries.

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 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:

1. 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

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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.

1. 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 internal control of the Company and its subsidiaries.

2. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.

3. 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 ability to continue as a going concern of the Company and its subsidiaries. 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 Company and its subsidiaries to cease to continue as a going concern.

4. Evaluate the overall presentation, structure and content of the consolidated financial statements, including the accompanying notes, and whether the consolidated financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

5. Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Company and its subsidiaries 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.

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.

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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 2024 consolidated financial statements and are therefore the key audit matters. We describe these matters in our auditor’s 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.

Other

We have audited and expressed an unqualified opinion including an Other Matter Paragraph on the parent company only financial statements of SINBON Electronics Co., Ltd. as of and for the years ended 31 December 2024 and 2023.

/s/Lo, Wen Chen

/s/Chen, Ming Hung

Ernst & Young, Taiwan

6 March 2025

Notice to Readers

The accompanying consolidated financial statements are intended only to present the consolidated financial position, results of operations and cash flows in accordance with accounting principles and practices generally accepted in the Republic of China and not those of any other jurisdictions. The standards, procedures and practices to audit such consolidated financial statements are those generally accepted and applied in the Republic of China.

Accordingly, the accompanying consolidated financial statements and report of independent accountants are not intended for use by those who are not informed about the accounting principles or Standards on Auditing of the Republic of China, and their applications in practice. As the financial statements are the responsibility of the management.

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English Translation of Consolidated Financial Statements Originally Issued in Chinese SINBON ELECTRONICS CO., LTD. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS 31 December 2024 and 2023 (Expressed in Thousands of New Taiwan Dollars) Assets Notes 2023 Current assets Cash and cash equivalents 4,6(1) $5,831,556 $5,767,074 Financial assets at fair value through profit or loss, current 4,6(2) 563,648 297,627 Financial assets measured at amortized cost, current 4 131,283 80,389 Contract assets, current 4,6(17) 310,307 332,941 Notes receivable, net 4,6(3) 2,381,611 1,739,602 Accounts receivable, net 4,6(4) 7,614,910 5,828,540 Other receivables 8 322,216 185,218 Current income tax assets 4 1,962 41,612 Inventories 4,6(5) 7,434,765 10,326,128 Prepayments 332,460 306,262 Other current assets 4,684 113,955 Total current assets 24,929,402 25,019,348 Non-current assets Financial assets at fair value through other comprehensive income, non-current 4,6(6) 382,721 435,533 Investments accounted for using the equity method 4,6(7) 908,342 850,957 Property, plant and equipment 4,6(8) 3,480,515 3,209,845 Right-of-use assets 4,6(19) 290,793 329,008 Other intangible assets 4 64,808 25,404 Deferred tax assets 4,6(23) 232,824 330,006 Other non-current assets 4,6(9) 345,387 382,955 Total non-current assets 5,705,390 5,563,708 Total assets $30,634,792 $30,583,056 (continued) As of 31 December 2024	English Translation of Consolidated Financial Statements Originally Issued in Chinese SINBON ELECTRONICS CO., LTD. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS 31 December 2024 and 2023 (Expressed in Thousands of New Taiwan Dollars) Assets Notes 2023 Current assets Cash and cash equivalents 4,6(1) $5,831,556 $5,767,074 Financial assets at fair value through profit or loss, current 4,6(2) 563,648 297,627 Financial assets measured at amortized cost, current 4 131,283 80,389 Contract assets, current 4,6(17) 310,307 332,941 Notes receivable, net 4,6(3) 2,381,611 1,739,602 Accounts receivable, net 4,6(4) 7,614,910 5,828,540 Other receivables 8 322,216 185,218 Current income tax assets 4 1,962 41,612 Inventories 4,6(5) 7,434,765 10,326,128 Prepayments 332,460 306,262 Other current assets 4,684 113,955 Total current assets 24,929,402 25,019,348 Non-current assets Financial assets at fair value through other comprehensive income, non-current 4,6(6) 382,721 435,533 Investments accounted for using the equity method 4,6(7) 908,342 850,957 Property, plant and equipment 4,6(8) 3,480,515 3,209,845 Right-of-use assets 4,6(19) 290,793 329,008 Other intangible assets 4 64,808 25,404 Deferred tax assets 4,6(23) 232,824 330,006 Other non-current assets 4,6(9) 345,387 382,955 Total non-current assets 5,705,390 5,563,708 Total assets $30,634,792 $30,583,056 (continued) As of 31 December 2024	English Translation of Consolidated Financial Statements Originally Issued in Chinese SINBON ELECTRONICS CO., LTD. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS 31 December 2024 and 2023 (Expressed in Thousands of New Taiwan Dollars) Assets Notes 2023 Current assets Cash and cash equivalents 4,6(1) $5,831,556 $5,767,074 Financial assets at fair value through profit or loss, current 4,6(2) 563,648 297,627 Financial assets measured at amortized cost, current 4 131,283 80,389 Contract assets, current 4,6(17) 310,307 332,941 Notes receivable, net 4,6(3) 2,381,611 1,739,602 Accounts receivable, net 4,6(4) 7,614,910 5,828,540 Other receivables 8 322,216 185,218 Current income tax assets 4 1,962 41,612 Inventories 4,6(5) 7,434,765 10,326,128 Prepayments 332,460 306,262 Other current assets 4,684 113,955 Total current assets 24,929,402 25,019,348 Non-current assets Financial assets at fair value through other comprehensive income, non-current 4,6(6) 382,721 435,533 Investments accounted for using the equity method 4,6(7) 908,342 850,957 Property, plant and equipment 4,6(8) 3,480,515 3,209,845 Right-of-use assets 4,6(19) 290,793 329,008 Other intangible assets 4 64,808 25,404 Deferred tax assets 4,6(23) 232,824 330,006 Other non-current assets 4,6(9) 345,387 382,955 Total non-current assets 5,705,390 5,563,708 Total assets $30,634,792 $30,583,056 (continued) As of 31 December 2024
		2023 $5,831,556 $5,767,074 563,648 297,627 131,283 80,389 310,307 332,941 2,381,611 1,739,602 7,614,910 5,828,540 322,216 185,218 1,962 41,612 7,434,765 10,326,128 332,460 306,262 4,684 113,955 24,929,402 25,019,348 382,721 435,533 908,342 850,957 3,480,515 3,209,845 290,793 329,008 64,808 25,404 232,824 330,006 345,387 382,955 5,705,390 5,563,708 $30,634,792 $30,583,056 2024
Current assets Cash and cash equivalents Financial assets at fair value through profit or loss, current Financial assets measured at amortized cost, current Contract assets, current Notes receivable, net Accounts receivable, net Other receivables Current income tax assets Inventories Prepayments Other current assets Total current assets Non-current assets Financial assets at fair value through other comprehensive income, non-current Investments accounted for using the equity method Property, plant and equipment Right-of-use assets Other intangible assets Deferred tax assets Other non-current assets Total non-current assets Total assets (continued)	4,6(1) 4,6(2) 4 4,6(17) 4,6(3) 4,6(4) 8 4 4,6(5) 4,6(6) 4,6(7) 4,6(8) 4,6(19) 4 4,6(23) 4,6(9)

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English Translation of Consolidated Financial Statements Originally Issued in Chinese SINBON ELECTRONICS CO., LTD. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS(Continued) 31 December 2024 and 2023 (Expressed in Thousands of New Taiwan Dollars) Liabilities and Equity Notes 2023 Current liabilities Short-term loans 4,6(10) $2,738,302 $2,552,289 Financial liabilities at fair value through profit or loss, current 4,6(11) 50 1,488 Contract liabilities, current 4,6(17) 2,408,967 5,227,827 Notes payable 609,005 672,579 Accounts payable 5,258,039 4,141,159 Other payables 6(12) 1,883,795 1,770,085 Current tax liabilities 4 513,248 400,576 As of 31 December 2024	English Translation of Consolidated Financial Statements Originally Issued in Chinese SINBON ELECTRONICS CO., LTD. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS(Continued) 31 December 2024 and 2023 (Expressed in Thousands of New Taiwan Dollars) Liabilities and Equity Notes 2023 Current liabilities Short-term loans 4,6(10) $2,738,302 $2,552,289 Financial liabilities at fair value through profit or loss, current 4,6(11) 50 1,488 Contract liabilities, current 4,6(17) 2,408,967 5,227,827 Notes payable 609,005 672,579 Accounts payable 5,258,039 4,141,159 Other payables 6(12) 1,883,795 1,770,085 Current tax liabilities 4 513,248 400,576 As of 31 December 2024	English Translation of Consolidated Financial Statements Originally Issued in Chinese SINBON ELECTRONICS CO., LTD. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS(Continued) 31 December 2024 and 2023 (Expressed in Thousands of New Taiwan Dollars) Liabilities and Equity Notes 2023 Current liabilities Short-term loans 4,6(10) $2,738,302 $2,552,289 Financial liabilities at fair value through profit or loss, current 4,6(11) 50 1,488 Contract liabilities, current 4,6(17) 2,408,967 5,227,827 Notes payable 609,005 672,579 Accounts payable 5,258,039 4,141,159 Other payables 6(12) 1,883,795 1,770,085 Current tax liabilities 4 513,248 400,576 As of 31 December 2024
		2023 $2,738,302 $2,552,289 50 1,488 2,408,967 5,227,827 609,005 672,579 5,258,039 4,141,159 1,883,795 1,770,085 513,248 400,576 2024
Current liabilities Short-term loans Financial liabilities at fair value through profit or loss, current Contract liabilities, current Notes payable Accounts payable Other payables Current tax liabilities	4,6(10) 4,6(11) 4,6(17) 6(12) 4
Lease liabilities, current Bonds payable, current portion Long-term loans, current portion	4,6(19) 4,6(13) 4	67,407 89,041 803,321 799,113 1,533 14,797
Other current liabilities Total current liabilities Non-current liabilities Long-term loans	4	69,750 139,474 14,353,417 15,808,428 476 2,061
Deferred tax liabilities Lease liabilities, non-current Long-term deferred revenue Net defined benefit obligation, non-current Other non-current liabilities-others Capital Common stock Additional Paid-in Capital Retained earnings Legal reserve Special reserve Unappropriated earnings Other components of equity	4,6(23) 4,6(19) 4,6(14) 4,6(15) 6(16) 6(16) 4	615,478 576,058 178,387 198,741 13,325 13,217 23,902 40,530 2,202 233 833,770 830,840 15,187,187 16,639,268 2,400,690 2,400,332 3,079,453 3,064,782 2,344,142 2,015,862 401,040 270,696 7,188,336 6,417,199 9,933,518 8,703,757
Exchange differences on translation of foreign operations (171,945) (528,593) Unrealized gains or losses measured at fair value 38,855 127,553 (133,090) (401,040) Equity attributable to the parent company 15,280,571 13,767,831 Non-controlling interests 4,6(16) 167,034 175,957 Total equity 15,447,605 13,943,788 Total liabilities and equity $30,634,792 $30,583,056 (The accompanyingnotes are an integralpart of the consolidated financial statements)

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Notes 2024 2023 Operating revenues 4,6(17) $33,087,505 $32,762,285 Operating costs 6(5.20) (24,846,763) (24,356,555) Gross profit-net 8,240,742 8,405,730 For theyears ended 31 December English Translation of Consolidated Financial Statements Originally Issued in Chinese SINBON ELECTRONICS CO., LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME For the years ended 31 December 2024 and 2023 (Expressed in Thousands of New Taiwan Dollars, Except for Earnings per Share)	Notes 2024 2023 Operating revenues 4,6(17) $33,087,505 $32,762,285 Operating costs 6(5.20) (24,846,763) (24,356,555) Gross profit-net 8,240,742 8,405,730 For theyears ended 31 December English Translation of Consolidated Financial Statements Originally Issued in Chinese SINBON ELECTRONICS CO., LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME For the years ended 31 December 2024 and 2023 (Expressed in Thousands of New Taiwan Dollars, Except for Earnings per Share)	Notes 2024 2023 Operating revenues 4,6(17) $33,087,505 $32,762,285 Operating costs 6(5.20) (24,846,763) (24,356,555) Gross profit-net 8,240,742 8,405,730 For theyears ended 31 December English Translation of Consolidated Financial Statements Originally Issued in Chinese SINBON ELECTRONICS CO., LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME For the years ended 31 December 2024 and 2023 (Expressed in Thousands of New Taiwan Dollars, Except for Earnings per Share)
		2024 2023 $33,087,505 $32,762,285 (24,846,763) (24,356,555) 8,240,742 8,405,730
	4,6(17) 6(5.20)
Operating expenses Sales and marketing expenses General and administrative expenses Research and development expenses Expected credit losses Subtotal Operating income Non-operating income and expenses Interest income Other income Other gains and losses Finance costs Share of profit or loss of associates and joint ventures in equity method Subtotal Income from continuing operations before income tax Income tax expense Net income Other comprehensive income (loss) Remeasurements of defined benefit plans Unrealized (losses) gains from equity instruments measured at fair value through other comprehensive income Share of other comprehensive (loss) income of associates and joint ventures which will not be reclassified subsequently to profit or loss Income tax related to items that may not be reclassified subsequently Items that may be reclassified subsequently to profit or loss Exchange differences on translation of foreign operations Share of other comprehensive income (loss) of associates and joint ventures which may be reclassified subsequently to profit or loss Income tax related to items that may be reclassified subsequently Total other comprehensive income (loss), net of tax Total comprehensive income Net income attributable to: Stockholders of the parent Non-controlling interests Comprehensive income (loss) attributable to: Stockholders of the parent Non-controlling interests Earnings per share (NTD) Earnings per share-basic Earnings per share-diluted (The accompanyingnotes are an integralpart of the conso Items that will not be reclassified subsequently to profit or loss	6(20),7 4,6(18) 6(21) 4,6(7) 4,6(23) 6(22) 6(7) 6(7) 6(24) lidated financ	(1,685,180) (1,760,691) (1,730,383) (1,484,964) (1,235,157) (1,011,828) (31,992) (751,384) (4,682,712) (5,008,867) 3,558,030 3,396,863 90,177 55,455 410,094 317,064 343,503 105,301 (56,661) (101,960) 200,593 145,464 987,706 521,324 4,545,736 3,918,187 (1,022,291) (826,295) 3,523,445 3,091,892 5,646 (2,111) (53,745) 13,047 (34,391) 24,958 (1,129) 422 433,836 (216,783) 12,219 (4,365) (84,122) 39,371 278,314 (145,461) $3,801,759 $2,946,431 $3,529,000 $3,283,914 (5,555) (192,022) $3,523,445 $3,091,892 $3,802,026 $3,152,463 (267) (206,032) $3,801,759 $2,946,431 $14.70 $13.71 $14.55 $13.58 ial statements)

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Cash dividends Special reserve Other changes in additional paid-in capital Change in equity of associates and joint ventures accounted for using equity method Net income in 2023 Other comprehensive income (loss), net of tax in 2023 Total comprehensive income (loss) Conversion of convertible bonds Difference between consideration and carrying amount of subsidiaries acquired or disposed Changes in ownership equity of subsidiary Changes in non-controlling interests Disposal of investments in equity instruments designated at fair value through other comprehensive income Net income in 2024 Other comprehensive income (loss), net of tax in 2024 Total comprehensive income (loss) Conversion of convertible bonds Disposal of investments accounted for using the equity method Changes in ownership equity of subsidiary Changes in non-controlling interests Disposal of investments in equity instruments designated at fair value through other comprehensive income Balance as of 1 January 2023 Appropriation and distribution of 2022 retained earnings Legal reserve Special reserve Balance as of 31 December 2024 Balance as of 31 December 2023 Balance as of 1 January 2024 Appropriation and distribution of 2023 retained earnings Legal reserve Cash dividends		English Transl S CO	ation of Consolidated INBON ELECTRONI NSOLIDATED STAT For the years end (Expressed in Tho	EquityAttrib Financial Statemen CS CO., LTD. AN EMENTS OF CH ed 31 December 20 usands of New Tai	utable to the P ts Originally Is D SUBSIDIARI ANGES IN EQU 24 and 2023 wan Dollars)	arent Company sued in Chinese ES ITY				Non- Controlling Interests Total Equity
	Cap	ital	Additional Paid-in Capital	R	etained earnin	gs	Other comp	onents of equity	Total
	Common stock	Certificate of Entitlement to New Shares from Convertible Bond		Legal Reserve	Special Reserve	Unappropriated Earnings	Exchange Differences on Translation of Foreign Operations	Unrealized Gains (Losses) on Equity Instruments Measured at Fair Value Through Other Comprehensive Income
	$2,365,841 C S	$19,200	$3,067,205 2,595	$1,727,300 288,562	$381,975 (111,279)	$5,342,675 (288,562) (2,030,999) 111,279 3,283,914 (1,689)	$(359,257) (169,336)	$88,560 39,574	$12,633,499 - (2,030,999) - 2,595 3,283,914 (131,451)	$839,565 $13,473,064 - (2,030,999) - 2,595 (192,022) 3,091,892 (14,010) (145,461)
	-	-	-	-	-	3,282,225	(169,336)	39,574	3,152,463	(206,032) 2,946,431
	34,491	(19,200)	327,639 24,715 (357,372)			581		(581)	342,930 24,715 (357,372) -	342,930 24,715 (357,372) (457,576) (457,576) -
	$2,400,332	$-	$3,064,782	$2,015,862	$270,696	$6,417,199	$(528,593)	$127,553	$13,767,831	$175,957 $13,943,788
	$2,400,332	$ -	$3,064,782	$2,015,862 328,280	$270,696 130,344	$6,417,199 (328,280) (130,344) (2,304,318) 3,529,000 4,517	$(528,593) 356,645	$127,553 (88,136)	$13,767,831 - - (2,304,318) 3,529,000 273,026	$175,957 $13,943,788 - - (2,304,318) (5,555) 3,523,445 5,288 278,314
	-	-	-	-	-	3,533,517	356,645	(88,136)	3,802,026	(267) 3,801,759
	358		9,406 (47) 5,312			56 506	3	(56) (506)	9,764 (44) 5,312 -	9,764 (44) 5,312 (8,656) (8,656) -
	$2,400,690	$-	$3,079,453	$2,344,142	$401,040	$7,188,336	$(171,945)	$38,855	$15,280,571	$167,034 $15,447,605
		(The accompa	nyingnotes are an inte	gralpart of the co	nsolidated finan	cial statements)

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English Translation of Consolidated Financial Statements Originally Issued in Chinese SINBON ELECTRONICS CO., LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS For the years ended 31 December 2024 and 2023 (Expressed in Thousands of New Taiwan Dollars)

Cash flows from operating activities: Net income before tax Adjustments Adjustments to reconcile profit (loss) Depreciation Amortization Expected credit loss Gains of financial assets/liabilities at fair value through profit or loss Interest expense Interest income Dividend income Share-based payments Share of profit of associates and joint ventures Losses on disposal of property, plant and equipment Losses on disposal of intangible assets Gains on disposal of investments Impairment loss on non-financial assets Amortization of deferred government grants Losses on disposal of right-of-use assets Changes in operating assets and liabilities: Decrease (increase) in contract assets (Increase) decrease in notes receivable (Increase) decrease in accounts receivable (Increase) decrease in other receivables Decrease in inventories, net (Increase) decrease in prepayments Decrease (increase) in other current assets (Decrease) increase in contract liabilities (Decrease) increase in notes payable Increase (decrease) in accounts payable Increase (decrease) in other payables (Decrease) increase in other current liabilities Decrease in net defined benefit liability Cash generated from operations Interest received Dividends received Interest paid Income taxes paid Net cash provided by operating activities

Forthe years ended 31 December

2024 2023 $4,545,736 $3,918,187 608,404 512,546 36,752 45,061 31,992 751,384 (270,549) (2,371) 56,661 101,960 (90,177) (55,455) (89,784) (44,764) 1,569 - (200,593) (145,464) 3,056 3,495 23 - (18,056) - - 12,604 (369) (364) - 45 22,634 (332,941) (642,009) 17,549 (1,818,497) 557,671 (136,296) 161,060 2,891,363 1,930,017 (26,198) 370,042 107,732 (49,503) (2,818,858) 247,131 (63,574) 73,317 1,116,880 (2,109,114) 112,713 (109,674) (69,724) 80,080 (10,982) (15,082) 3,279,849 5,917,417 90,174 55,452 89,784 44,764 (41,691) (86,035) (818,618) (737,288) 2,599,498 5,194,310

(Continued)

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2024 2023 Cash flows from investing activities: (1,708) (75,000) - 11,351 Acquisition of financial assets measured at amortized cost (50,894) (80,389) Proceeds from disposal of financial assets at fair value through profit or loss 3,091 - Proceeds from disposal of investments accounted for using equity method 25,104 - Acquisition of property, plant and equipment (713,116) (603,673) Proceeds from disposal of property, plant and equipment 28,914 32,919 (Increase) decrease in other intangible assets (39,427) 3,414 (Increase) decrease in other non-current assets (26,381) 88,062 Dividends received from investee company 113,944 96,010 Proceeds from disposal of right-of-use assets - 24,878 Net cash used in investing activities (660,473) (502,428) Cash flows from financing activities: Increase (decrease) in short-term loans 186,013 (905,396) Decrease in long-term loans (14,849) (4,724) Cash dividends paid (2,304,318) (2,030,999) Increase in deposits received 1,969 - Cash payments for the principal portion of the lease liability (101,045) (107,156) Change in non-controlling interests (3,098) (790,233) Net cash used in financing activities (2,235,328) (3,838,508) Effect of exchange rate changes on cash and cash equivalents 360,785 (195,057) Net increase in cash and cash equivalents 64,482 658,317 Cash and cash equivalents at beginning of period 5,767,074 5,108,757 Cash and cash equivalents at end of period $5,831,556 $5,767,074 CONSOLIDATED STATEMENTS OF CASH FLOWS(Continued) SINBON ELECTRONICS CO., LTD. AND SUBSIDIARIES English Translation of Consolidated Financial Statements Originally Issued in Chinese Acquisition of financial assets at fair value through other comprehensive income (Expressed in Thousands of New Taiwan Dollars) For the years ended 31 December 2024 and 2023 Forthe years ended 31 December Proceeds from capital reduction of financial assets at fair value through other comprehensive income
	2024 2023 (1,708) (75,000) - 11,351 (50,894) (80,389) 3,091 - 25,104 - (713,116) (603,673) 28,914 32,919 (39,427) 3,414 (26,381) 88,062 113,944 96,010 - 24,878 (660,473) (502,428) 186,013 (905,396) (14,849) (4,724) (2,304,318) (2,030,999) 1,969 - (101,045) (107,156) (3,098) (790,233) (2,235,328) (3,838,508) 360,785 (195,057) 64,482 658,317 5,767,074 5,108,757 $5,831,556 $5,767,074

(The accompanying notes are an integral part of the consolidated financial statements)

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Appendix 4 Amendment to Articles of Incorporation

	After the Amendment	Before the Amendment	Description
	Article 21-1 The independent directors shall be elected from among directors of the Company set forth as above provided that the number of independent directors shall not be less than three persons, and independent directors shall comprise at least one-third of the total number of board members. …..	Article 21-1 The independent directors shall be elected from among directors of the Company set forth as above provided that the number of independent directors shall not be less than three persons. …..	In order to comply with the Regulations update on Article 4 of the Taiwan Stock Exchange Corporation Operation Directions for Compliance with the Establishment of Board of Directors by TWSE Listed Companies and the Board's Exercise of Powers.
	Article 33 The Company, when the general final accounting of the fiscal year shows a profit, shall be allocated as per the following percentages: (1) 1% to 15% as employee bonus; and (2) not more than 3% as remuneration to directors; Prior years’ operation losses shall be reserved first. The employee bonus mentioned in the preceding Paragraph includes the bonus to non-executive employees.No less than 10% of the aforementioned allocated amount shall be reserved as compensation for non-executive employees. …..	Article 33 The Company, when the general final accounting of the fiscal year shows a profit, shall be allocated as per the following percentages: (1) 1% to 15% as employee bonus; and (2) not more than 3% as remuneration to directors; Prior years’ operation losses shall be reserved first. …..	In order to comply with the Regulations update on Article 14 (6) of the Securities and Exchange Act.
	Article 36 ….. The 27h amendment on May 30, 2022. The 28h amendment on May 27, 2025.	Article 36 ….. The 27h amendment on May 30, 2022.	Correspondenceto the amendment date.

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Appendix 5 Shareholding of Directors and Independent Directors

SINBON Electronics Co., Ltd.

Book closure date: March 29, 2025

Position	Name	Date elected	Shareholdingwhile elected	Shareholdingwhile elected	Shareholdingwhile elected		Current shareholding	Current shareholding	Remarks
			Type	Shares	Shareholding ratio(%)	Type	Shares	Shareholding ratio(%)
Chairman	Wang, Shaw-Shing	May 30, 2024	C	6,508,062	2.71%	C	7,508,062	2.71%
Director	Liang, Wei-Ming	May 30, 2024	C	506,107	0.21%	C	406,107	0.17%
Director	Agrocy Research Inc. Rep: Wang, Zhao-Liang	May 30, 2024	C	3,806,421	1.59%	C	3,806,421	1.59%
Director	Tai-Yi Investment Co., Ltd. Rep: Wang, Wei-Chung	May 30, 2024	C	4,190,000	1.75%	C	4,190,000	1.75%
Director	Kuo-Shian Investment Co., Ltd. Rep: Wang,Kuo-Hong	May 30, 2024	C	2,266,000	0.94%	C	2,266,000	0.94%
Director	Huang,Wen-Sen	May 30, 2024	C	235,602	0.10%	C	235,602	0.10%
Independent Director	Chi-Lin, Wea	May 30, 2024	C	0	0.00%	C	0	0.00%
Independent Director	Chen,Ho-Min	May 30, 2024	C	0	0.00%	C	0	0.00%
Independent Director	Mu-Hsiao, Liu	May 30, 2024	C	0	0.00%	C	0	0.00%
Independent Director	Mu-Hsiao, Liu	May 30, 2024	C	0	0.00%	C	0	0.00%
	Note 1:Total Issued shares:239,056,037shares on Apr. 01, 2023(book closure date) Total Issued shares:240,033,159shares on Apr. 01, 2024(book closure date) Note 2:Total Issued shares:240,069,014shares on March. 29, 2025(book closure date) Note 3: The minimum required combined shareholding of all directors by law:12,000,000shares The combined shareholding of all directors on the book closure date:17,412,192shares Note 4: The shares held by independent directors shall not be counted in the calculation of director shareholdings.

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