Stock Code: 2440

The content of this annual report and related information about the Company can be found at the following web address: Market Observation Post System: https://mops.twse.com.tw The Company's website: http://www.spaces.com.tw

大空檢高傳真資訊科技股份有限公司

SPACE SHUTTLE HI-TECH CO., LTD.

2025 Annual Report

Publication date: March 31, 2026

I. The Company's spokesperson:

Spokesperson:
Name: Lin, Tzu-Hsin
Title: Head of Finance and Corporate Governance Officer
Phone: (03) 593-5588
Email: [email protected]
Deputy Spokesperson:
Name: Chen, Yi-Hung
Title: Accounting Manager
Phone: (03) 593-5588
Email: [email protected]

II. Addresses and Phone Numbers of Headquarters, Branches, and Factories:

Headquarters
Address: 9th Floor-2, No. 23, Huanke 1st Road, Zhubei City, Hsinchu County, Taiwan
Phone: (03) 593-5588 (Main Line)
Branches: None
Factories: None

III. Stock Transfer Agency:

Name: CTBC Bank Co., Ltd.
Address: 5F., No. 83, Sec. 1, Chongqing S. Rd., Zhongzheng Dist., Taipei City 100, Taiwan (R.O.C)
Phone: (02) 6636-5566 (Main Line)
Website: https://www.ctbcbank.com

IV. CPAs who Audited the Most Recent Annual Financial Report:

CPA: Wang, Hsuan-Hsuan, Chen, Chih-Chung
Firm Name: Ernst & Young Global Limited
Address: 9F., No. 333, Sec. 1, Keelung Rd., Taipei City 11012, Taiwan (R.O.C.)
Phone: (02) 2757-8888 (Main Line)
Website: https://www.ey.com/zh_tw

V. Name and Information of Overseas Securities Trading Venues Method to Access Information on Overseas Securities: None

VI. Company Website: http://www.spaces.com.tw

Table of Contents

I. Letter to Shareholders...1

II. Corporate Governance Report...5
(I) Information of Directors, General Manager, Deputy General Manager, Associate Managers, Department Heads and Branch Managers...5
(II) Compensation Paid to Directors, General Manager, and Deputy General Managers in the Most Recent Year...12
(III) Corporate Governance Implementation...16
(IV) Certified Public Accountant Fee Information Unit: NT$ Thousand...59
(V) Information on Changing Accountants...60
(VI) The Company's Chairman, General Manager, or Manager responsible for financial or accounting affairs who have, within the past year, been employed by the certifying accountant's firm or its affiliated enterprises shall disclose their names, titles, and the period of employment at the certifying accountant's firm or its affiliated enterprises...61
(VII) Changes in shareholding and pledge of shares by directors, managers, and shareholders with more than 10% shareholding in the most recent year and up to the date of publication of the annual report. Where the counterparty of the share transfer or pledge is a related party, the name of the counterparty, the relationship with the company, directors, or shareholders with more than 10% shareholding, and the number of shares acquired or pledged shall be disclosed...61
(VIII) Information on relationships between the top ten shareholders, including related parties, spouses, or relatives within the second degree of kinship...62
(IX) The number of shares held by the Company, its directors, managers, and businesses directly or indirectly controlled by the Company in the same invested enterprise, and combined to calculate the comprehensive shareholding ratio...63

III. Fundraising Status...64
(I) Capital and Shares...64
(II) Status of corporate bonds...68
(III) Status of preferred shares...68
(IV) Status of overseas depository receipts...68
(V) Status of employee stock options...68
(VI) Status of restricted employee shares...68
(VII) Status of new shares issued due to mergers, acquisitions, or transfers of shares from other companies...68
(VIII) Status of implementation of capital allocation plans...68

IV. Business Overview...69
(I) Business Content...69
(II) Market and Production Overview...78
(III) Information on Employees for the Most Recent Two Fiscal Years and Up to the Annual Report Publication Date...83
(IV) Environmental Protection Expenditure Information...83
(V) Labor-Management Relations...84
(VI) Information Security Management...88
(VII) Important Contracts December 31, 2025...90

V. Review and Analysis of Financial Position, Financial Performance, and Risk Factors...91
(I) Financial Position...91
(II) Financial Performance...92
(III) Cash Flow Analysis...93
(IV) Impact of Major Capital Expenditures in the Most Recent Year on Financial and Business Operations...93
(V) Investment Policy in the Most Recent Year, Main Reasons for Profit or Loss, Improvement Plans, and Investment Plans for the Coming Year...93
(VI) Risk Factors...95
(VII) Other important matters...101

VI. Special recorded matters...102
(I) Information regarding affiliated enterprises...102
(II) Most recent year and up to the printing date of the annual report, status of private placement of securities...102
(III) Other necessary supplementary information...102
(IV) Most recent year and up to the printing date of the annual report, in case of events specified in Subparagraph 2, Paragraph 3, Article 36 of the Securities and Exchange Act that affect shareholders rights or securities prices that have significant impacts...102

I. Letter to Shareholders

Ladies and Gentlemen:

In 2025, the Company was affected by macroeconomic fluctuations, as demand in the 3C products and consumer electronics markets was not as strong as before, directly impacting the sales of transmission cable products such as copper wires and wire materials. As a result, the Company's consolidated net revenue for fiscal year 2025 was NT$3,489,466 thousand, a decrease of NT$495,469 thousand or approximately 12.43% compared to NT$3,984,935 thousand in fiscal year 2024. Gross profit from operations was NT$132,718 thousand, a decrease of NT$13,261 thousand compared to fiscal year 2024, with a gross margin of 3.8%. Additionally, total operating expenses for the same year decreased to NT$122,197 thousand, a reduction of NT$53,723 thousand or approximately 30.54% compared to NT$175,920 thousand in the same period of the prior year, resulting in operating income of NT$10,521 thousand. Non-operating income and expenses resulted in a net expenditure of NT$32,812 thousand, primarily composed of financial costs of approximately NT$35,636 thousand. Based on the foregoing, the Company's net loss after tax for fiscal year 2025 was NT$32,637 thousand. Although the losses this year have improved compared to the previous year, the Company's primary business operations are located in mainland China, and it continues to face challenges as China persistently promotes the localization of supply chains, thereby reducing the proportion of procurement from Taiwanese suppliers. In addition, customers are continuously integrating upstream, midstream, and downstream industry chains to enhance operational performance, and are self-developing and producing signal transmission cables to reduce external procurement. Therefore, the Company must continue to strive in its future operations.

Looking ahead, under the America First policy of U.S. President Trump, global economic and political uncertainty has increased, and geopolitical conflicts in certain regions continue to escalate. As a result, the economy in 2026 still faces considerable uncertainty. Nevertheless, the Company will continue to monitor the impact of external international developments on its raw materials and products, and will actively adjust its product mix and deepen its development of niche data transmission cable market customers to enhance overall profitability. At the same time, the Company will improve the efficiency of group capital utilization to maintain operational flexibility, with the aim of creating a win-win-win outcome for all shareholders, employees, and customers, and co-creating value for both the Company and society. We hereby reported the summary of the operational status and business plan in 2025 as follows:

Implementation Results of Business Plan
Unit: NT$ Thousand

Item	2025 Amount	2024 Amount	Increase (Decrease) Amount	Increase (Decrease) Percentage
Operating Revenue	3,489,466	3,984,935	(495,469)	(12.43%)
Gross Operating Profit (Loss)	132,718	145,979	(13,261)	(9.08%)
Operating expenses	(122,197)	(175,920)	(53,723)	(30.54%)
Net Operating Profit (Loss)	10,521	(29,941)	40,462	135.14%
Net Profit (Loss) After Tax	(32,637)	(59,496)	(26,859)	(45.14%)

Budget Execution Status

The Company did not publicly disclose a financial forecast in 2026.

Financial Structure, Debt Servicing Capacity, and Profitability

The Company's overall financial structure, Debt Servicing Capacity, and profitability in 2025 were shown in the following table:

Item		2025	2024
Financial Structure	Debt to Assets Ratio (%)	44.25	46.90
	Long-term Capital to Fixed Assets Ratio (%)	788.63	598.83
Debt Servicing Capacity	Current Ratio (%)	172.15	188.10
	Quick Ratio (%)	127.30	161.27
Profitability	Return on Assets (%)	(0.16)	(2.82)
	Return on Equity (%)	(2.33)	(9.69)
	Net Profit Margin (%)	(0.94)	(1.49)
	Earnings Per Share (NT$)	(0.23)	(0.43)

Research and Development Status

The Company's R&D strategy focuses on quality and speed to meet customer product requirements. In addition to providing products that meet customer needs, the Company continues to collaborate with customers to develop new products, with the aim of entering high value-added product markets beyond the existing 3C information industry, such as medical cables, server cables, and special signal transmission cables. The Company will also continuously refine existing processes to improve production efficiency and explore the use of recycled materials based on the concept of a circular economy. Through sustained focus on product and material development and the refinement and improvement of existing technologies, the Company aims to enhance its capabilities in new product development and design.

Management Strategy and Guidelines for the Current Year

With a commitment to sustainable development, the Company is dedicated to incorporating sustainable product concepts during the product development stage or manufacturing process, while simultaneously enhancing organizational operational efficiency and strengthening inventory management. The Company is also progressively acquiring new equipment to advance toward the goal of intelligent manufacturing, with the aim of leveraging real-time data collected during the production process to improve efficiency and yield rates, thereby rapidly and stably meeting customer product requirements. The Company remains committed to serving customers with enthusiasm, maintaining long-term and stable cooperative relationships with existing customers, while also exploring cooperation opportunities with potential customers.

Impact of External Environment, Regulatory Environment, and Overall Business Environment

The Company's primary production bases and sales markets are located within mainland China. In terms of China's external environment, the United States continues to impose restrictions on China in trade, technology, and tariffs. Internally, China faces debt risks among local governments at various levels, and private consumption has yet to recover significantly. In terms of operations, copper material prices continued to rise repeatedly to new highs last year, which indirectly reduced the efficiency of the Company's capital utilization. Although the Company is committed to intelligent manufacturing and production data analysis to improve yield rates, various environmental and labor regulations in recent years have also been progressively strengthened in their on-the-ground enforcement, leading to increased operating costs. Fluctuations in raw material prices may continue to put pressure on profit margins, and the operating environment faced by the Company in 2026 is expected to remain quite challenging.

Future Development Strategy of the Company

The Company will continue to incorporate the concept of sustainable management into its business operations and product development, actively increasing the utilization rate of recycled raw materials, and striving to practice the circular economy philosophy through improved product design, refined production processes, and the recycling and reuse of scrap and waste materials, with the aim of achieving the goal of sustainable operations. At the same time, the Company continues to strengthen resource integration among group companies, and continuously develops niche products through in-depth understanding of customer needs. For future core business, in addition to continuously strengthening the production and sales of existing information communication transmission cable products, the Company continues to consider how to leverage its core capabilities to enter other potential application industries and markets, in order to expand the company's operational scale and enhance profitability.

We would like to thank all shareholders for their long-term support and contributions. The entire management team will continue to work diligently on strategy formulation and implement various activities in sales, production, research and development, etc. according to these strategies, with the

aim of turning losses into profits in the coming year to reward all shareholders for their support and trust in the management team.

Sincerely wish all our esteemed shareholders, ladies and gentlemen

Best regards and all the best

Space Shuttle Hi-Tech Co., Ltd.

Chairman: Wang, Hsuan-Hui

General Manager: Wang, Chien-Chen

Head of Accounting: Chen, Yi-Hung

II. Corporate Governance Report

(I) Information of Directors, General Manager, Deputy General Manager, Associate Managers, Department Heads and Branch Managers

Director Information

April 28, 2026

Title	Nationality or Place of Registration	Name	Gender Age	Date of Appointment	Term	Date of First Election	Shares Held at Time of Election		Shares Currently Held		Shares Currently Held by Spouse and Minor Children		Shares Held in the Name of Others		Major Experience (Education)	Current Positions Held at the Company and Other Companies	Spouse or Relatives Within Second Degree of Kinship Who Are Managers, Directors or Supervisors			Remarks
							Number of Shares	Shareholding Ratio	Number of Shares	Shareholding Ratio	Number of Shares	Shareholding Ratio	Number of Shares	Shareholding Ratio			Title	Name	Relationship
Chairman	R.O.C	Wang, Hsuan-Hui	Male 51~60	2023.06.21	3 years	103.06.27	6,896,000	4.96%	6,896,000	4.96%	0	0.00%	0	0.00%	Muzha High School of Industrial Technology Mold and Die Technology Department	Chairman of SPACE SHUTTLE HI-TECH CO.,LTD
Chairman of Space Shuttle (HK) Hi-Fi Wire & Cable Industry Co., Limited
Chairman of Dongguan Lucky Fly Conductor Co., Ltd.
Chairman of Dong Guan Hou Jie Xi Tou Space Shuttle Hi-Fi Wire & Cable Co., Ltd.
Director of Xingyang Hopwise Conductor (Kanshan) Co., Ltd.
Director of Hopwise Conductor (Dongguan) Company Limited.	None	None	None	None
Director and Shareholder with over 10% ownership	R.O.C	Wang, Kun-Tien	Male 71~80	2023.06.21	3 years	94.11.30	33,207,685	23.87%	32,570,685	23.41%	11,100,801	7.98%	0	0.00%	Chinese Culture University Department of Electrical Engineering
Chairman of Hong Shuey Industrial Co., Ltd.	Chairman of Hopwise Industrial Limited
Chairman of Xingyang Hopwise Conductor (Kanshan) Co., Ltd.
Chairman of Hopwise Conductor (Dongguan) Company Limited.
Supervisor of Dongguan Lucky Fly Conductor Co., Ltd. Director	Director	Lo, Chin-Hsian	Spouses	None
Director	R.O.C	Lo, Chin-Hsian	Female 71~80	2023.06.21	3 years	94.11.30	11,100,801	7.98%	11,100,801	7.98%	32,570,685	23.41%	0	0.00%	Yuda Commercial High School Business	Director of Space Shuttle Hi-Tech Co., Ltd.	Director	Wang, Kun-Tien	Spouses	None
Director	R.O.C	Lee, Tung-Hsing	Male 61~70	2023.06.21	3 years	100.06.22	22,651	0.02%	22,651	0.02%	0	0.00%	0	0.00%	Kai-Nan Vocational High School Mechanical Department	Chairman of Suzhou Chaolong Machinery Co., Ltd.
Chairman of Chaolong Machinery Co., Ltd.
Chairman of Yingtan Chaolong Intelligent Technology Co., Ltd.
Chairman of Hometom Enterprise Co., Ltd.
Chairman of High Achieve International Limited
Chairman of Haowei Co., Ltd.
Chairman of Hometom (Shenzhen) Electronics Co., Ltd.
Chairman of Hezhou Tongfa Technology Co., Ltd.
Chairman of Hubei Gaohongtong Electronics Technology Co., Ltd.
Chairman of Complete Technology Co., Ltd.
Chairman of Hometom (Suzhou) Electronics Co., Ltd.	None	None	None	None

Title	Nationality or Place of Registration	Name	Gender Age	Date of Appointment	Term	Date of First Election	Shares Held at Time of Election	Shares Currently Held	Shares Currently Held by Spouse and Minor Children	Shares Held in the Name of Others	Major Experience (Education)	Current Positions Held at the Company and Other Companies	Spouse or Relatives Within Second Degree of Kinship Who Are Managers, Directors or Supervisors	Remarks
Number of Shares	Shareholding Ratio	Number of Shares	Shareholding Ratio	Number of Shares	Shareholding Ratio	Number of Shares	Shareholding Ratio	Title	Name	Relationship
Independent Director	R.O.C	Wu, Cheng-Te	Male 61- 70	2023.06.21	3 years	106.06.26	0	0.00%	0	0.00%	0	0.00%	0	0.00%
Independent Director	R.O.C	Chu, Hsiao-Kang	Male 71- 80	2023.06.21	3 years	106.06.26	0	0.00%	0	0.00%	0	0.00%	0	0.00%
Independent Director	R.O.C	Chin, Chih-Yung	Male 61- 70	2023.06.21	3 years	109.06.30	0	0.00%	0	0.00%	0	0.00%	0	0.00%

(1) Major shareholders of the corporate shareholder: None.
(2) Major shareholders of the major corporate shareholders: None.
(3) Disclosure of directors' professional qualifications and independence of independent directors:

Criteria Name	Professional Qualifications and Experience (Note 1 and Note 3)	Independence Status (Note 2)	Concurrent Positions in Other Public Companies Number of Independent Director Positions Concurrently Held in Other Public Companies
Wang, Hsuan-Hui	Has served as the Chairman of the Company for more than 5 years, possessing the work experience required for the Company's business. ☐ Does not have any of the circumstances stipulated in Article 30 of the Company Act.	—	None
Wang, Kun-Tien	Has over 20 years of work experience required for the company's business, serving as the Chairman of, Hoperise Industrial Limited, Hoperise Conductor (Kunshan) Company Limited, Hoperise Conductor (Dongguan) Company Limited, Hong Shuay Industrial Co., Ltd. and as Supervisor of Dongguan Lucky Fly Conductor Co., Ltd. ☐ Does not have any of the circumstances stipulated in Article 30 of the Company Act.	—	None
Lo, Chiu-Hsian	Has at least 5 years of work experience required for the Company's business, and has served as a director of the Company across successive terms. ☐ Does not have any of the circumstances stipulated in Article 30 of the Company Act.	—	None
Lee, Tung-Hsing	Has at least 5 years of work experience required for the Company's business, and has served as Chairman of Suzhou Chaolong Machinery Co., Ltd., Chaolong Machinery Co., Ltd., Yingtan Chaolong Intelligent Technology Co., Ltd., and Hometom Enterprise Co., Ltd., and as a director of the Company. ☐ Does not have any of the circumstances stipulated in Article 30 of the Company Act.	—	None

Criteria Name	Professional Qualifications and Experience (Note 1 and Note 3)	Independence Status (Note 2)	Concurrent Positions in Other Public Companies Number of Independent Director Positions Concurrently Held in Other Public Companies
Wu, Cheng-Te	Is a member of the Audit Committee with expertise in the accounting professional field, serving as the Director of Ching Yang Certified Public Accountants Office for over 20 years. ◎ Does not have any of the circumstances stipulated in Article 30 of the Company Act.	Independent Director of the Company, meeting the criteria for independence. The Independent Director, their spouse, and relatives within the second degree of kinship do not serve as Directors, Supervisors, or employees of the Company or its affiliated enterprises; do not hold any shares of the Company; do not serve as Directors, Supervisors, or employees of companies with specific relationships with the Company; and have not received any compensation for providing commercial, legal, financial, accounting, or other services to the Company or its affiliated enterprises in the past 2 years.	None
Chu, Hsiao-Kang	Is a member of the Audit Committee, served as a lecturer at National Taipei University of Technology for over 20 years, and currently serves as the responsible person of Lipa Trading LLC, USA. ◎ Does not have any of the circumstances stipulated in Article 30 of the Company Act.		None
Chin, Chih-Yung	Is a member of the Audit Committee with expertise in the accounting professional field, previously served as a project manager at Pan Asia International & Co., CPAs, and has served as the Director of Leading Change International CPA Firm for over 5 years. ◎ Does not have any of the circumstances stipulated in Article 30 of the Company Act.		2

(4) Board Diversity and Independence:

A. Board Diversity:

Board Member Diversity Policy:

The Company's Board of Directors composition takes diversity into consideration. In addition to ensuring that Directors who concurrently serve as Company Managers do not exceed one-third of the total number of Director seats, the Company formulates appropriate diversity guidelines based on its own operations, business model, and development needs. These guidelines should include, but not be limited to, standards in the following two major aspects:

a. Basic Conditions and Values: Gender, age, nationality, and culture, etc.
b. Professional Knowledge and Skills: Professional background (such as legal, accounting, industry, finance, marketing, or technology),

professional skills, and industry experience, etc.

Board members should generally possess the knowledge, skills, and qualities necessary to perform their duties. To achieve the ideal goals of corporate governance, the Board of Directors as a whole should possess the following capabilities:

a. Operational judgment ability.
b. Accounting and financial analysis ability.
c. Business management ability.
d. Crisis management ability.
e. Industry knowledge.
f. International market perspective.
g. Leadership ability.
h. Decision-making ability.

Implementation status of the Board of Directors' diversity policy:

Name\Criteria	Nationality	Gender	Age			Tenure of Independent Director		Industry Experience and Professional Capabilities
			51 to 60	61 to 70	71 to 80	Less than 3 years	3 to 9 years	More than 9 years	Operational Judgment	Accounting & Finance	Business Management	Crisis Management	Business Management	Crisis Management	Leadership Skills
Wang, Hsuan-Hui	R.O.C	Male	V						V		V	V	V	V	V
Wang, Kun-Tien	R.O.C	Male			V				V		V	V	V	V	V
Lo, Chiu-Hsian	R.O.C	Female			V				V	V	V	V	V	V	V
Lee, Tung-Hsing	R.O.C	Male		V					V		V	V	V	V	V
Wu, Cheng-Te	R.O.C	Male		V			V		V	V	V	V	V	V	V
Chu, Hsiao-Kang	R.O.C	Male			V		V		V		V	V	V	V	V
Chin, Chih-Yung	R.O.C	Male		V			V		V	V	V	V	V	V	V

The current Board of Directors of the Company consists of 7 directors. The specific management objectives and achievement status of the Board's diversity policy are as follows:

Management Objectives	Achievement Status
Independent directors exceed one-third of the board seats	Currently there are 3 independent director seats (accounting for 43%), which meets the objective.
Directors concurrently serving as company managers should not exceed one-third of the board seats	There are no directors concurrently serving as company managers, which meets the objective.
Include at least one female director	Currently there is 1 female director seat, which meets the objective.
Sufficient diversity in professional knowledge and skills	This objective has been met.

The Company's Board of Directors currently meets the diversity requirements. To accommodate future development needs, we will continue to review the components of director diversity and strengthen the goal of diversifying board membership.

B. Board Independence:

The election process for all directors of the Company is open and fair, in compliance with the Company's "Articles of Association" and "Director Election Procedures," "Corporate Governance Best-Practice Principles," "Regulations Governing Appointment of Independent Directors and Compliance Matters for Public Companies," "Article 14-2 of the Securities and Exchange Act," and other relevant regulations. The current Board of Directors consists of seven directors, including three Independent Directors, who represent 43% of the total board seats. No more than two directors have spousal relationships or are relatives within the second degree of kinship, and there are no circumstances as stipulated in Paragraphs 3 and 4 of Article 26-3 of the Securities and Exchange Act.

C. If the seats of directors of any gender on the Company's Board of Directors do not reach one-third of the total seats, state the reasons and the planned measures to enhance gender diversity on the Board:

Reason: Due to industry characteristics and historical factors, the Company has primarily considered professional abilities and experience when selecting directors in the past, without specifically setting gender ratio requirements.

Measures taken: The Company emphasizes gender equality in the composition of the Board of Directors and aims to increase female director seats to more than one-third of the total. In the future, the Company will actively seek female professionals with industry experience to join the Board of Directors, increase the number of female directors, enhance corporate governance effectiveness, and implement the director diversity policy.

2. Information on the General Manager, Deputy General Manager, Associate Managers, and Heads of Departments and Branch Units

April 28, 2026

Title	Nationality	Name	Gender	Date of Appointment	Shares Held		Shares Held by Spouse and Minor Children		Shares Held in the Name of Others		Major Experience (Education)	Current Positions Held at Other Companies	Managers Who Have a Spousal Relationship or Are Within the Second Degree of Kinship			Remarks
					Number of Shares	Shareholding Ratio	Number of Shares	Shareholding Ratio	Number of Shares	Shareholding Ratio			Title	Name	Relationship
General Manager	R.O.C	Wang, Chien-Chen	Male	2023.11.10	0	0.00%	0	0.00%	0	0.00%	Three Poles Senior Industrial Vocational School Electrical Engineering Department Manager of Xingyang Hoperise Conductor (Kunshun) Co., Ltd.	Director of Hoperise Industrial Limited Director of Dong Guan Hou Jie Xi Tou Space Shuttle Hi-Fi Wire & Cable Co., Ltd.	None	None	None	None
Head of Accounting	R.O.C	Chen, Yi-Hung	Male	2018.05.11	1,000	0.00%	0	0.00%	0	0.00%	National Kaohsiung First University of Technology Department of Financial Operation Senior Staff at Reanda Taiwan CPAs	-	None	None	None	None
Corporate Governance Officer	R.O.C	Lin, Tzu-Hsin	Female	2018.05.11	1,000	0.00%	0	0.00%	0	0.00%	Department of Accounting, China University of Technology Director of Lightel Technologies, Inc.	Director of Lightel Technologies Inc. (Juridical-person representative, representing Space Shuttle Hi-Tech Co., Ltd.) Supervisor of Dong Guan Hou Jie Xi Tou Space Shuttle Hi-Fi Wire & Cable Co., Ltd.	None	None	None	None

(II) Compensation Paid to Directors, General Manager, and Deputy General Managers in the Most Recent Year

Compensation of Regular Directors and Independent Directors 2025

Unit: NT$ thousand

Title	Name	Directors' Compensation	The Total Amount of A, B, C and D as a Percentage of Net Income After Tax	Compensation Received by Concurrent Employees	The sum of A, B, C, D, E, F, and G and the ratio to net income after tax	Compensation Received from Invested Businesses Other Than Subsidiaries or from the Parent Company
Remuneration (A)	Pension (B)	Directors' Remuneration (C)	Business Execution Expenses (D)	Salary, Bonus, and Special Expenses (E)	Pension (F)	Employee Remuneration (G)
The Company	All companies in the financial reports	The Company	All companies in the financial reports	The Company	All companies in the financial reports	The Company
Director	Wang, Hsuan-Hui	2,550	2,550	0	0	0
Director	Wang, Kan-Tien	0	0	0	0	0
Director	Lo, Chiu-Hsian	0	0	0	0	0
Director	Lee, Tung-Hsing	0	0	0	0	0
Independent Director	Wu, Cheng-Te	240	240	0	0	0
Independent Director	Chu, Hsiao-Kang	240	240	0	0	0
Independent Director	Chin, Chih-Yung	240	240	0	0	0

Please describe the remuneration policy, system, standards, and structure for Independent Directors, and explain the correlation between the remuneration amount and factors such as responsibilities, risks, and time commitment:
(1) According to law, starting from June 21, 2023, three out of seven Directors in the 16th term are designated as [Independent Directors]. Since Independent Directors have different functions from Directors and Supervisors, to align with market standards and respect their professional expertise, Independent Directors are given a monthly remuneration of $20,000 based on the above considerations. Additionally, Directors (including Independent Directors) receive travel allowances for attending Board of Directors meetings and Shareholders' Meetings, same as Supervisors.
(2) Remuneration Committee members are comprised of a majority of Independent Directors in accordance with regulatory requirements, and they receive transportation allowances for each attendance.
(3) According to the Securities and Exchange Act, an Audit Committee has been established. For the 16th Board of Directors term beginning June 21, 2023, the Audit Committee is composed of all Independent Directors, who receive transportation allowances for each attendance.
(4) In 2025, the company reported a net loss after tax of NT$32,637 thousand, therefore no employee compensation or director remuneration was distributed.
In addition to the disclosures in the above table, remuneration received by company Directors for services provided in the most recent year (such as serving as non-employee consultants for the parent company/all companies in the financial reports/invested businesses): There was no such occurrence this year.
Remuneration of Supervisors: Not applicable as the Company has established an Audit Committee.

Remuneration of General Manager and Deputy General Managers 2025
Unit: NT$ thousand

Title	Name	Salary (A)		Pension (B)		Bonuses and Special Allowances, etc. (C)		Employee Compensation Amount (D)				The Total Amount of A, B, C and D as a Percentage of Net Income After Tax (%)		Compensation Received from Invested Businesses Other Than Subsidiaries or from the Parent Company
		The Company	All companies in the financial reports	The Company	All companies in the financial reports	The Company	All companies in the financial reports	The Company		All companies in the financial reports		The Company	All companies in the financial reports
								Cash Amount	Stock Amount	Cash Amount	Stock Amount
General Manager	Wang, Chien-Chen	980	1,926	0	0	276	276	0	0	0	0	1,256 -3.85%	2,202 -6.75%	0

Remuneration of the Company's Top Five Highest-Paid Executives for 2025
Unit: NT$ thousand

Title	Name	Salary (A)		Pension (B)		Bonuses and Special Disbursements, etc. (C)		Employee Compensation Amount (D)				The Total Amount of A, B, C and D as a Percentage of Net Income After Tax (%)		Compensation Received from Invested Businesses Other Than Subsidiaries or from the Parent Company
		The Company	All companies in the financial reports	The Company	All companies in the financial reports	The Company	All companies in the financial reports	The Company		All companies in the financial reports		The Company	All companies in the financial reports
								Cash Amount	Stock Amount	Cash Amount	Stock Amount
General Manager	Wang, Chien-Chen	980	1,926	0	0	276	276	0	0	0	0	1,256 -3.85%	2,202 -6.75%	0
Head of Accounting	Chen, Yi-Hung	1,010	1,010	0	0	136	136	0	0	0	0	1,146 -3.51%	1,146 -3.51%	0
Corporate Governance Officer	Lin, Tzu-Hsin	983	983	0	0	142	142	0	0	0	0	1,125 -3.45%	1,125 -3.45%	90

5. Names of Managers and Distribution of Employee Compensation

Unit: NT$ Thousand; 2025

	Title	Name	Stock Amount	Cash Amount	Total	Ratio of Total Amount to Net Income After Tax (%)
Manager	General Manager	Wang, Chien-Chen	0	0	0	0.00%
	Head of Accounting	Chen, Yi-Hung
	Corporate Governance Officer	Lin, Tzu-Hsin

The scope of managers, according to the Financial Supervisory Commission's letter No. 1120384295 dated October 4, 2023, is defined as follows:

(1) General Manager and those of equivalent position
(2) Deputy General Manager and those of equivalent position
(3) Associate Manager and those of equivalent position
(4) Finance Department Head
(5) Accounting Department Head
(6) Other persons who have management responsibilities and signing authority for the company

Analysis of the total remuneration paid to the Company's Directors, Supervisors, General Manager, and Deputy General Managers by the Company and all companies included in the consolidated financial statements as a percentage of net income after tax in the last two years, and explanation of the remuneration policy, standards and combination, procedure for determining remuneration, and its correlation with operating performance.

(1) Analysis of the total remuneration paid to the Company's Directors (including Independent Directors), Supervisors, General Manager, and Deputy General Managers as a percentage of net income after tax in the last two years

Title	2025		2024
	The Company	All companies in the financial reports	The Company	All companies in the financial reports
Directors (Independent Directors)	-10.95%	-16.47%	-6.00%	-9.03%
Supervisors (Note 1)	-	-	-	-
General Manager and Deputy General Manager	-3.85%	-11.07%	-2.07%	-6.15%

Note 1: According to the Securities and Exchange Act, an Audit Committee has been established. The term of the 16th Board of Directors commenced on June 21, 2023, consisting of all Independent Directors to form the Audit Committee to replace the authority of supervisors, therefore it is not applicable.

(2) Remuneration policy, standards and composition, procedures for determining remuneration, and their correlation with business performance

A. Based on their responsibilities, the Independent Directors of the Company execute business operations and participate in corporate governance. Director remuneration is paid with reference to industry standards and is authorized to be determined by the Board of Directors.

B. The Company's remuneration policy is stipulated in the Articles of Association, stating that from the pre-tax profit of the current year (the profit before distributing employee compensation and director remuneration), after reserving an amount to cover accumulated losses, if any surplus remains, the following shall be allocated: employee compensation between five percent (5%) and ten percent (10%) inclusive, and thirty percent (30%) of this employee compensation amount shall be allocated to entry-level employees.

No more than 5% (inclusive) as directors' remuneration.
The ratio of employees' remuneration and directors' remuneration shall be first reviewed by the Compensation Committee before being submitted to the Board of Directors for resolution.

C. The overall remuneration items for senior executives at the Deputy General Manager level and above in the Company include basic salary, bonuses, and employee compensation. The basic salary is determined according to the employee's position level and with reference to market industry salary levels. Bonuses and employee compensation are determined based on the Company's operating performance, evaluation of individual work goal achievement, and special contributions. The above salary adjustments or payments are reviewed by the Remuneration Committee before being submitted to the Board of Directors for resolution.

D. The Company will review the remuneration system in a timely manner based on actual operating conditions and relevant regulatory requirements, in order to balance sustainable business operations and risk management.

(III) Corporate Governance Implementation

Board of Directors Operations

In the recent year (2025), the Board of Directors held 5 meetings (A), and the attendance of directors was as follows:

Title	Name	Actual Attendance (B)	Attendance by Proxy	Actual Attendance Rate (%) [B/A]	Remarks
Chairman	Wang, Hsuan-Hui	5	0	100.00%
Director	Wang, Kun-Tien	4	1	80.00%
Director	Lo, Chiu-Hsian	4	1	80.00%
Director	Lee, Tung-Hsing	5	0	100.00%
Independent Director	Wu, Cheng-Te	5	0	100.00%
Independent Director	Chu, Hsiao-Kang	5	0	100.00%
Independent Director	Chin, Chih-Yung	5	0	100.00%
Other matters to be recorded:
1. If any of the following circumstances occur in the operation of the Board of Directors, the date of the board meeting, session, content of the proposal, opinions of all independent directors, and the company's handling of the independent directors' opinions shall be specified:
(1) Matters listed in Article 14-3 of the Securities and Exchange Act.
Board Meeting Date	Session	Proposal Content		Independent Director's Opinion	Company's Handling of Independent Director's Opinion
2025.01.17	The 16th 9th Meeting	The proposal of the Chairman's year-end bonus and performance bonus for 2024.		All independent directors present unanimously approved the proposal without objection.	Not applicable.
2025.03.12	16th Term, 10th Meeting	The Company's 2024 profit and loss appropriation proposal.
		Assessment of the effectiveness of the internal control system and internal control statement.
		The Company's proposal to apply for financing facilities from Taichung Commercial Bank.
		Proposal for the Company to apply for a financing facility from Taiwan SME Bank.
		Proposal for a loan of three million four hundred thousand US dollars to the invested enterprise, Dongguan Lucky Fly Conductor Co., Ltd.
2025.05.11	16th Term, 11th Meeting	The proposal to provide endorsement guarantees for the Company's reinvested enterprise, Dongguan Lucky Fly Conductor Co., Ltd.
2025.08.11	16th Term, 12th Meeting	The proposal to provide endorsement guarantees for the Company's reinvested enterprise, Dongguan Lucky Fly Conductor Co., Ltd.
		The Company's proposal to apply for financing facilities from Changhua Commercial Bank.
2025.11.12	16th	Proposal for the remuneration of Ernst &

	Term, 13th Meeting	Young Global Limited
		Proposal for non-assurance services provided by Ernst & Young Global Limited and its affiliated enterprises.
		Proposal for the Company to apply for working capital financing from CTBC Bank.
		Proposal for the Company to provide endorsement guarantee for Dongguan Lucky Fly Conductor Co., Ltd. (hereinafter referred to as Dongguan Lucky Fly) in applying for financing facilities from financial institutions.
		The proposal to provide endorsement guarantees for the Company's reinvested enterprise, Dongguan Lucky Fly Conductor Co., Ltd.
		Proposal to amend the Company's "Internal Control System."

(2) Apart from the aforementioned matters, there were no other Board resolutions that were opposed or reserved by Independent Directors with records or written statements.

Implementation of recusal by Directors for agenda items with conflicts of interest, which should specify the name of the Director, the content of the proposal, the reason for recusal due to conflict of interest, and the participation in voting.

(1) For the first item of discussion at the 16th 9th Board meeting - Review of the Chairman's 2024 year-end bonus and performance bonus, as this proposal involved Chairman Wang, Hsuan-Hui as an interested party, he recused himself from the discussion and voting in accordance with the law.

Listed and OTC companies should disclose information such as the evaluation cycle and period, scope, method, and content of the Board's self (or peer) evaluation:

The Company has established Rules for Performance Evaluation of Board of Directors approved by the Board of Directors, which clearly stipulates that an internal Board performance evaluation should be conducted annually, and an evaluation should be performed by an external professional independent institution or a team of external experts and scholars once every three years. The evaluation period should be at the end of each year, and the performance evaluation for the current year should be conducted according to the evaluation procedures and indicators. The evaluation results should be reported to the Board of Directors in the first quarter of the following year.

For the implementation of the Board evaluation of the Company, please refer to Note 1.

The goals (such as establishing an Audit Committee, enhancing information transparency, etc.) and implementation assessment for strengthening the functions of the Board of Directors during the current and most recent years:

(1) The Company has elected three Independent Directors at the Annual Shareholders' Meeting on June 21, 2023. Additionally, in accordance with the "Regulations Governing Procedure for Board of Directors Meetings of Public Companies", The Company has established the "Board of Directors Meeting Rules" to comply with relevant regulations for the operation of Board functions.

(2) To enhance information transparency, major resolutions of the Company's Board of Directors and information on Directors' attendance (presence) at Board meetings are disclosed on the Market Observation Post System in accordance with regulations. To enhance information transparency, major resolutions of the Company's Board of Directors and information on Directors' attendance (presence) at Board meetings are disclosed on the Market Observation Post System in accordance with regulations.

(3) The Company fully discloses financial information in its annual report, company website, and the Market Observation Post System.

(4) The Company has established the "Audit Committee" and "Remuneration Committee" to assist the Board of Directors in fulfilling its supervisory responsibilities.

Note 1: Implementation status of the Board of Directors' evaluation:
A. Internal performance evaluation of the Board of Directors for the year 2025

Evaluation Cycle	Evaluation Period	Evaluation Scope	Evaluation Method	Evaluation Content
Conducted annually	January 1, 2025 to December 31, 2025	Entire Board of Directors	Board Internal Self-evaluation	Level of participation in company operations, improving the quality of Board decision-making, Board composition and structure, director selection and continuing education, internal controls. After evaluation, the result is excellent.
	January 1, 2025 to December 31, 2025	Individual Board Members	Board Member Self-evaluation	Grasp of company objectives and missions, awareness of director responsibilities, level of participation in company operations, management of internal relationships and communication, director's professional competence and continuing education, internal controls. After evaluation, the result is excellent.
	January 1, 2025 to December 31, 2025	Functional Committee	Audit Committee Internal Self-evaluation	Level of participation in company operations, awareness of functional committee responsibilities, improvement of functional committee decision-making quality, functional committee composition and member selection, internal controls. Audit Committee: After evaluation, the result is excellent. Remuneration Committee: After evaluation, the result is excellent.
	January 1, 2025 to December 31, 2025	Functional Committee	Internal Self-evaluation of the Remuneration Committee

a. The overall result of the Board of Directors' performance evaluation for 2025 is excellent, with effective overall operations that meet corporate governance requirements. The performance evaluation results of the Board of Directors have been submitted.

March 12, 2026 Board of Directors meeting for reporting.

B. External Evaluation of the Board of Directors' Performance for 2025

The Company has appointed "Taiwan Investor Relations Association" to conduct an external evaluation of the Board of Directors' performance for 2025, assessing the effectiveness and performance of the Company's Board of Directors. This organization and its implementing experts have no business dealings with the Company and maintain independence. And the Board of Directors performance evaluation report was issued on January 27, 2026.

Evaluation Cycle	Evaluation Period	Evaluation Scope	External professional independent institution	Evaluation Method	Evaluation dimensions
Once every three years	January 1, 2025 to December 31, 2025	Entire Board of Directors	Taiwan Investor Relations Association	Written review of related documents, director self-assessment questionnaires, and online interviews	Board composition and professional development, quality of board decisions, board operational effectiveness, internal control and risk management, level of board participation in corporate social responsibility.

a. The results of this board performance external evaluation have been reported to the Board meeting on March 12, 2026, and disclosed on the company website.

Audit Committee Operational Information

(1) Audit Committee Operations:

In the most recent year (2025) the Audit Committee held 5 meetings (A), and the attendance of Independent Directors is as follows:

Title	Name	Actual Attendance (B)	Attendance by Proxy	Actual Attendance Rate (%) (B/A) (Notes 1 and 2)
Independent Director	Wu, Cheng-Te	5	0	100.00%
Independent Director	Chu, Hsiao-Kang	5	0	100.00%
Independent Director	Chin, Chih-Yung	5	0	100.00%
To strengthen corporate governance, the Company established the Audit Committee on June 30, 2020, and re-elected the second Audit Committee in 2023. The Audit Committee is responsible for reviewing the fair presentation of the company's financial statements, the appointment (dismissal) and independence of the certified public accountants, the effective implementation of the company's internal control system, and the company's compliance with relevant laws and regulations.

Note 1: If an Independent Director resigned before the end of the year, the resignation date should be noted in the remarks column, and the actual attendance rate (%) should be calculated based on the period during their tenure

Audit Committee meetings and their actual attendance.

Note 2: If there was a re-election of Independent Directors before the end of the year, both the new and former Independent Directors should be listed, and the status of the Independent

Director as former, new, or re-elected and the date of re-election should be noted in the remarks column. The actual attendance rate (%) is calculated based on the number of Audit Committee meetings during their tenure and their actual attendance.

Other matters to be recorded:

I. If the operation of the Audit Committee has any of the following circumstances, the date of the Audit Committee meeting, the term, the content of the proposal, and the Independent Director objection, reservation, or significant recommendation content, the resolution of the Audit Committee, and the company's handling of the Audit Committee's opinions should be stated.

(I) Matters listed in Article 14-5 of the Securities and Exchange Act.

Audit Committee	Proposal Content	Audit Committee Resolution Result
The 2nd Term 9th Meeting 2025.03.12	1. Evaluation of the effectiveness of the internal control system and the statement of internal control system, hereby submitted for discussion.
2. The Company's 2024 Business Report and Financial Statements have been prepared and completed, hereby submitted for discussion.
3. The Company's 2024 Financial Statements have been audited by Ernst & Young, and are hereby submitted for discussion.
4. The Company's 2024 profit/loss appropriation proposal, hereby submitted for discussion.
5. Proposal to amend certain provisions of the Company's "Articles of Association", which is hereby submitted for discussion.
6. Proposal to provide a loan of US$3.4 million to the invested enterprise Dongguan Lucky Fly Conductor Co., Ltd., hereby submitted for discussion.	Approved by consensus of all attending committee members as solicited by the chairperson, and submitted to the Board of Directors for resolution.	Approved without objection by all attending directors.
The 2nd Term 10th Meeting 2025.05.12	1. The Company's consolidated financial statements for the first quarter of 2025, hereby submitted for discussion.
2. The Company's consolidated financial statements for the first quarter of 2025 have been reviewed and completed by Ernst & Young Global Limited, hereby submitted for discussion.
3. Regarding the proposal to provide endorsement and guarantee for the Company's investee company, Dongguan Lucky Fly Conductor Co., Ltd., hereby submitted for discussion.	Approved by consensus of all attending committee members as solicited by the chairperson, and submitted to the Board of Directors	Approved without objection by all attending directors.

Audit Committee	Proposal Content	Audit Committee Resolution Result	Company's Handling of Audit Committee's Opinions
		for resolution.
The 2nd Term 11th Meeting 2025.08.11	1. The Company's consolidated financial statements for the second quarter of 2025, hereby submitted for discussion. 2. The Company's consolidated financial statements for the second quarter of 2025 have been reviewed and completed by Ernst & Young Global Limited, hereby submitted for discussion. 3. Proposal for the amendment to the Company's "Sustainability Report Preparation and Assurance Operating Procedures," hereby submitted for discussion. 4. Regarding the proposal to provide endorsement and guarantee for the Company's investee company, Dongguan Lucky Fly Conductor Co., Ltd., hereby submitted for discussion.	Approved by consensus of all attending committee members as solicited by the chairperson, and submitted to the Board of Directors for resolution.	Approved without objection by all attending directors.
The 2nd Term 12th Meeting 2025.11.12	1. Regarding the proposal to establish the Company's audit plan for 2026, hereby submitted for discussion. 2. Regarding the Company's consolidated financial statements for the third quarter of 2025, hereby submitted for discussion. 3. The Company's consolidated financial statements for the third quarter of 2025 have been reviewed and completed by Ernst & Young Global Limited, hereby submitted for discussion. 4. The proposal for the evaluation of the independence and suitability of the CPAs certifying the Company's financial reports is hereby submitted for discussion. 5. Regarding the remuneration for Ernst & Young Global Limited, hereby submitted for discussion. 6. Regarding Ernst & Young Global Limited and its affiliated enterprises providing non-assurance services, hereby submitted for discussion. 7. The proposal to amend the Company's "Budget Management Procedures" is hereby submitted for discussion. 8. The proposal to amend the Company's "Regulations Governing Related-Party Transactions" is hereby submitted for discussion. 9. The proposal to amend certain provisions of the Company's "Regulations Governing the Supervision and Management of Subsidiaries" is hereby submitted for discussion. 10. The proposal to amend the Company's "Internal Control System" is hereby submitted for discussion. 11. Regarding the Company's proposal to provide endorsement guarantees for Dongguan Lucky Fly Conductor Co., Ltd. (hereinafter referred to as "Dongguan Lucky Fly") in its application for financing facilities from financial institutions, hereby submitted for discussion. 12. Regarding the proposal to provide endorsement and guarantee for the Company's investee company, Dongguan Lucky Fly Conductor Co., Ltd., hereby submitted for discussion.	Approved by consensus of all attending committee members as solicited by the chairperson, and submitted to the Board of Directors for resolution.	Approved without objection by all attending directors.

(II) Other than the aforementioned matters, resolutions that were not approved by the Audit Committee but were approved by more than two-thirds of all Directors: None.

II. Regarding the implementation of recusal by Independent Directors for agenda items involving conflicts of interest, the names of the Independent Directors, content of the proposals, reasons for recusal due to conflicts of interest, and their participation in voting should be specified: None.

III. Communication between Independent Directors, the Internal Audit Supervisor, and the Accountants:

(I) Communication between Independent Directors

Date	Communication Items	Independent Directors' Recommendations
2025/03/12	Discussion and communication on the audit process of the 2024 annual financial report	No comments

Independent Directors (Audit Committee) and the Certified Public Accountants have direct communication channels, and the communication is good.

(II) Communication between Independent Directors and the audit supervisor:

Date	Communication Items	Independent Directors' Recommendations
2025/03/12	Evaluation of the effectiveness of the internal control system and the Statement of Internal Control System.	No comments
2025/11/12	Planning of the Company's 2026 audit program.	No comments

IV. Annual work focus and operational status:

(I) The responsibilities of the Audit Committee, which serve as the annual work focus, are as follows:

Establishing or amending the internal control system in accordance with Article 14-1 of the Securities and Exchange Act.
Evaluation of the effectiveness of the internal control system.
Establishing or amending procedures for significant financial and business behaviors, including the acquisition or disposal of assets, engagement in derivatives trading, loaning of funds to others, and endorsements and guarantees for others, in accordance with Article 36-1 of the Securities and Exchange Act.
Matters involving directors' personal interests.
Major asset or derivatives transactions.
Major loans, endorsements, or guarantees.
The offering, issuance, or private placement of equity-type securities.
The appointment, dismissal, or compensation of a certified public accountant.
The appointment or dismissal of a financial, accounting, or internal audit supervisor.
Annual financial reports signed or sealed by the Chairman, Manager, and Head of Accounting.
Other major matters as stipulated by the Company or the competent authority.

(II) Operation in 2025: All Audit Committee proposals were reviewed or approved by the Audit Committee, and there were no instances of objections from Independent Directors.

The implementation of corporate governance and its differences from the Corporate Governance Best-Practice Principles for TWSE/TPEx Listed Companies and the reasons thereof:

Evaluation Items	Status of Implementation (Note 1)			Differences from the Corporate Governance Best-Practice Principles for TWSE/TPEx Listed Companies and the Reasons
	Yes	No	Summary Description
1. Has the Company established and disclosed its corporate governance principles based on the "Corporate Governance Best-Practice Principles for TWSE/TPEx Listed Companies"?	V		The Company has established the "Corporate Governance Best Practice Principles" approved by the Board of Directors and posted it in the "Corporate Governance" section of the Company's website. The Corporate Governance section can be accessed at: http://www.spaces.com.tw/zh-tw/factory-6253/重要规章.	None
2. Company's Ownership Structure and Shareholders' Rights	V		(1) To protect shareholders' rights, the Company has appointed a spokesperson, deputy spokesperson, and established a shareholder services unit to handle shareholder-related matters. The Company website includes an "Investor Area" that provides shareholders with relevant information, contact windows for shareholders, and an investor contact mailbox. Shareholders can contact the Company by phone or email, and relevant personnel will handle shareholders' suggestions or disputes. The Investor Area can be accessed at: http://www.spaces.com.tw/zh-tw/factory.	None
(1) Has the Company established internal operating procedures to handle shareholders' suggestions, doubts, disputes and litigation matters, and implemented them accordingly?	V
(2) Does the Company maintain a list of major shareholders who actually control the Company and the ultimate controllers of those major shareholders?	V
(3) Has the Company established and implemented risk control and firewall mechanisms between itself and its affiliated companies?	V
(4) Has the Company established internal regulations prohibiting insiders from trading securities using undisclosed information in the market?	V		(3) Each affiliated company's business, finance, and accounting operations function independently, and are controlled and audited by the parent company. The Company has established "Investment Processing Regulations," "Control Operation Method for Subsidiaries," "Internal Control System," and other relevant regulatory requirements.

Evaluation Items	Status of Implementation (Note 1)
	Yes	No	Summary Description
			effectiveness.
3. Composition and Responsibilities of the Board of Directors
(1) Has the Board of Directors established a diversity policy, specific management objectives, and implemented them?	V		(1) The composition of the Company's Board of Directors is diversified, with members generally possessing the knowledge, skills, and qualities necessary to perform their duties, as stipulated in the Company's "Corporate Governance Best-Practice Principles.
The Company currently has 7 members on its Board of Directors; this includes 3 Independent Directors (accounting for 43% of all board members). The Company emphasizes gender equality in the composition of the Board of Directors, with one female director currently serving. Board members possess diverse professional backgrounds and rich management experience, including expertise in business management, leadership decision-making, industry knowledge, international perspective, and financial analysis, which aligns with the Company's policy on board diversity.
The implementation of diversity among Board members is disclosed on the Company's website and the Market Observation Post System.	None
(2) In addition to establishing the Remuneration Committee and Audit Committee as required by law, has the Company voluntarily established other types of functional committees?	V		(2) The Company has established a Remuneration Committee and an Audit Committee as required by regulations. Currently, no other types of functional committees have been established. The Company will establish other functional committees in accordance with legal requirements and timelines in the future.
(3) Has the Company established rules for performance evaluation of the Board of Directors and its evaluation methods, conducted regular performance evaluations annually, reported the evaluation results to the Board of Directors, and used them as reference for individual director compensation and nomination for reappointment?	V		(3) The Company has passed the "Rules for Performance Evaluation of Board of Directors" by Board resolution on January 17, 2020. The Board of Directors' performance evaluation is conducted through internal assessment once a year and external assessment once every three years.
The results of the 2025 internal and external Board of Directors' performance evaluations have been reported to the Board on March 12, 2026.
The results of the Company's Board of Directors' performance evaluation will serve as a reference basis when selecting or nominating directors; and the performance evaluation results of individual directors will be used as a reference basis for determining their individual remuneration.
The implementation of the Company's Board evaluation is disclosed on the Company's website and the Market Observation Post System.
(4) Does the Company regularly evaluate the independence of its certified public accountants?	V		(4) The independence and competency of the certified public accountants (CPAs) are evaluated regularly each year. In addition to the CPAs providing a "declaration of independence," evaluations are also conducted based on the criteria outlined in Note 3. The most recent annual evaluation

Evaluation Items	Status of Implementation (Note 1)			Differences from the Corporate Governance Best-Practice Principles for TWSE/TPEx Listed Companies and the Reasons
	Yes	No	Summary Description
			results were discussed and approved by the Audit Committee on November 12, 2025, and subsequently reported to and approved by the Board of Directors on November 12, 2025.
4. Does the TWSE/TPEx listed company allocate competent and appropriate personnel for corporate governance and designate a Corporate Governance Officer responsible for corporate governance-related matters (including but not limited to providing directors and supervisors with necessary information for business execution, assisting directors and supervisors in legal compliance, handling Board of Directors and Shareholders' Meeting related matters in accordance with law, and preparing minutes of Board of Directors and Shareholders' Meetings?	V		The Company appointed Head of Finance Lin, Tzu-Hsin as the Corporate Governance Officer at the Board meeting on January 16, 2023, responsible for coordinating planning and implementation, assisting directors in performing their duties and enhancing board effectiveness, providing directors with necessary information for business execution, assisting directors in legal compliance, handling Board of Directors and Shareholders' Meeting related matters in accordance with law, preparing minutes of Board of Directors and Shareholders' Meetings, assisting directors with their appointment and continuing education, reporting to the Board of Directors on the results of reviews regarding whether independent directors' qualifications comply with relevant laws and regulations during nomination, election and their tenure, handling matters related to changes in directors, and other matters as stipulated in the Articles of Association or contracts.In 2025, the Corporate Governance Officer completed 12 hours of continuing education, which has been reported to the Market Observation Post System and disclosed on the Company's website as required.Please refer to the Company's website:http://www.spaces.com.tw/→Investor Area →Corporate Governance →Corporate Governance Officer Inquiry.	None
5. Has the company established communication channels with stakeholders (including but not limited to shareholders, employees, customers, and suppliers), set up a Stakeholder Area on the company's website, and appropriately responded to important corporate social responsibility issues of concern to stakeholders?	V		The Company has appointed a spokesperson and deputy spokesperson to handle information and communication-related matters concerning the Company, and has established a Stakeholder Area on the company's website to appropriately respond to issues of concern to stakeholders. The company's website also provides an employee complaint window and mailbox to facilitate open communication channels for employees.http://www.spaces.com.tw/zh-tw/factory.	None
6. Has the company appointed a professional shareholder services agent to handle matters related to shareholders' meetings?	V		The Company has appointed the Transfer Agency Department, CTBC Bank Co., Ltd. as the Company's shareholder services agent to handle matters related to shareholders' meetings.	None

Evaluation Items	Status of Implementation (Note 1)			Differences from the Corporate Governance Best-Practice Principles for TWSE/TPEx Listed Companies and the Reasons
	Yes	No	Summary Description
7. Information Disclosure (1) Has the company established a website to disclose financial, business, and corporate governance information? (2) Has the company adopted other methods of information disclosure (such as establishing an English website, designating specific personnel responsible for the collection and disclosure of company information, implementing a spokesperson system, posting investor conference materials on the company website, etc.)? (3) Does the company announce and file its annual financial reports within two months after the end of the fiscal year, and announce and file its first, second, and third quarter financial reports and monthly operating results before the specified deadlines?	V		(1) The Company website http://www.spaces.com.tw has disclosed relevant information on finance, business, and corporate governance, and is linked to the Market Observation Post System (MOPS) http://mops.twse.com.tw.	None
	V		(2) The Company has set up Chinese- and English-language websites, with dedicated personnel in each department collecting and disclosing relevant information, and has implemented a spokesperson system. Materials related to investor conferences have been placed on the company's website.
	V		(3) The Company currently files financial reports and monthly operating results according to the dates specified in the "List of Matters Required to Be Handled by Issuers of Listed Securities"; it has not yet announced and filed annual financial reports within two months after the end of the fiscal year, nor announced them ahead of the specified deadlines.
8. Is there any other important information that helps to understand the Company's corporate governance operations (including but not limited to employee rights, employee care, investor relations, supplier relations, stakeholder rights, directors' and supervisors' continuing education, implementation of risk management policies and risk measurement standards, implementation of	V		(1) Employee rights and employee care: Established employee welfare committees, elected welfare committee members through employee voting to manage various welfare operations, and in accordance with the Labor Standards Act and Labor Pension Act, allocates and contributes retirement funds and provides group accident insurance and health examinations for employees. (2) Investor relations: The Company convenes shareholders' meetings annually in accordance with the Company Act and relevant laws and regulations, providing shareholders with ample opportunities to ask questions and make proposals. The Company has also appointed a spokesperson to handle shareholder suggestions, inquiries, and disputes. The Company also handles relevant information announcements and reporting matters in accordance with the regulations of the competent authorities, providing timely information that may affect investors' decisions. (3) Supplier relations: The Company emphasizes the reasonableness of procurement prices, making decisions after	None
			compliance, and provides a management plan for the company. The Company also provides a management plan for the company to implement a policy to ensure compliance with the policy. The Company also provides a management plan for the company to implement a policy to ensure compliance with the policy.
9. Is there any other important information that helps to understand the Company's corporate governance operations (including but not limited to employee rights, employee care, investor relations, supplier relations, stakeholder rights, directors' and supervisors' continuing education, implementation of risk management policies and risk measurement standards, implementation of	V		(1) The Company is responsible for the collection and disclosure of the company information, and has implemented a spokesperson system. Materials related to investor conferences have been placed on the company's website.	None

Evaluation Items	Status of Implementation (Note 1)
	Yes	No	Summary Description
customer policies, purchase of liability insurance for directors and supervisors, etc.?			thoroughly comparing product prices, payment terms, delivery schedules, service quality, and other relevant information. The Company also establishes long-term close relationships with suppliers, collaborating cooperatively, building mutual trust and benefits, and jointly pursuing sustainable win-win growth.(4) Stakeholder rights: The Company maintains open communication channels with shareholders, investors, regulatory authorities, banks, employees, customers, suppliers, etc., respects and protects their legitimate rights and interests, and has established a spokesperson communication channel to provide investors and stakeholders with highly transparent financial and business information.(5) Directors' continuing education: The Company periodically provides appropriate information on educational courses for directors, ensuring that all members of the Board of Directors complete at least 3 hours of continuing education courses and file reports upon completion. (Note 2)(6) Implementation of risk management policies and risk measurement standards: The Company has established various management procedures including "Governing the Acquisition and Disposal of Assets," "Operational Procedures for Endorsements/Guarantees," and "funds lending and others operating procedures," which serve as the basis for risk control and risk measurement standards when the Company's implementation units and audit units execute the above-mentioned operations.(7) Implementation of consumer or customer protection policies: To provide comprehensive service and protection for customers, the Company promptly communicates with customers regarding any complaints, understands customer needs to promote effective interaction between the Company and customers, and periodically reviews and improves these processes during production and sales meetings.(8) Status of liability insurance for directors: The Company has purchased liability insurance for its directors.
9. Please explain the improvements made with respect to the corporate governance evaluation results most recently published by the Corporate Governance Center of the Taiwan Stock Exchange Corporation, and propose priority enhancement items and measures for those not yet improved: The Company has reviewed and improved upon the corporate governance evaluation items for which it failed to score and the newly published indicator items.

Note 1: Regardless of whether "Yes" or "No" is selected for operational status, explanations should be provided in the summary description column.
Note 2: Directors' continuing education in 2025: Please refer to the Market Observation Post System [Website: https://mops.twse.com.tw $\rightarrow$ Single Company $\rightarrow$ Corporate Governance $\rightarrow$ Directors/Independent Directors/Supervisors $\rightarrow$ Directors and Supervisors' Attendance at Board Meetings and Continuing Education, and Independent Directors' Current Positions, Experience, and Concurrent Positions (Individual)], and enter the company code to search.
Note 3: Criteria for evaluating auditor independence

Item No.	Evaluation Content	Yes	Whether Independenc e Criteria Are Met
01	The auditor, their spouse, or minor children do not have any investment or shared financial interests with the Company.	✓	Yes
02	The auditor, their spouse, or minor children do not have any lending or borrowing relationships with the Company. However, this restriction does not apply to normal transactions where the client is a financial institution.	✓	Yes
03	The accounting firm has not issued any assurance reports on the effective operation of financial information systems that it designed or helped implement.	✓	Yes
04	The auditor or members of the audit service team are not currently, and have not in the past two years, served as directors, managers, or in positions that would significantly influence the audit case of the Company.	✓	Yes
05	The non-audit services provided to the Company do not directly affect important aspects of the audit case.	✓	Yes
06	The auditor or members of the audit service team have not promoted or brokered stocks or other securities issued by the Company.	✓	Yes
07	The auditor or members of the audit service team have not defended the Company in legal cases or other disputes with third parties, except for business activities permitted by law.	✓	Yes
08	The auditor or members of the audit service team do not have any spousal relationship, direct blood relation, direct relation by marriage, or collateral blood relation within the second degree with the Company's directors, managers, or persons in positions that would significantly influence the audit case.	✓	Yes
09	The jointly practicing accountant who has resigned within the past year has not served as a director, manager, or in a position that would significantly influence the audit case of the Company.	✓	Yes
10	The auditor or members of the audit service team have not received gifts or special favors of significant value from the Company or its directors, managers, or major shareholders.	✓	Yes
11	The auditor is not currently employed by the client or the auditee for regular work, does not receive a fixed salary, and does not serve as a director or supervisor.	✓	Yes
12	The auditor has not provided audit services to the Company for seven consecutive years.	✓	Yes

If the Company has established a Remuneration Committee, its composition, responsibilities, and operational status should be disclosed:

To continuously strengthen corporate governance, the Company established a Remuneration Committee in 2011, and selected three independent members to form the committee. The committee will, with independence, professionalism, and impartiality, evaluate the Company's overall compensation system and the remuneration of directors and managers, and will convene meetings at least twice a year in accordance with the Company's "Remuneration Committee Charter".

(1) Remuneration Committee Member Information

Criteria Identity (Note 1) Name		Professional Qualifications and Experience (Note 2)	Independence Status (Note 3)	Number of Other Public Companies Where Also Serving as a Member of the Remuneration Committee
Independent Director (Convener)	Wu, Cheng-Te	• Has work experience in business, legal, finance, accounting, or areas required for company operations. 1. A professional who has passed the national examination for accountants and holds a certificate. 2. Currently serving as the Director of Ching Yang Certified Public Accountants Office, with 27 years of experience.	• The Independent Director, his/her spouse, and relatives within the second degree of kinship do not serve as directors, supervisors (audit committee members), or employees of the Company or its affiliated enterprises. • Does not hold any shares of the Company. • Does not serve as a director, supervisor (audit committee member), or employee of a company with a specific relationship with the	None
		• Has been a director of the company or its affiliated enterprises. • Has been a director of the company or its affiliated enterprises, or a director of the company's employees.	• Does not serve as a director, supervisor, or employee of a company with a specific relationship with the Company.
Director of the Company	Wu, Cheng-Te	• Has been a director of the company or its affiliated enterprises, or a director of the company or its affiliated enterprises, or a director of the company's employees.	• Does not serve as a director, supervisor, or employee of a company with a specific relationship with the Company.	None
Director of the Company's employees	Wu, Cheng-Te	• Has been a director of the company or its affiliated enterprises, or a director of the company's employees, or a director of the company's employees' employees.	• Does not serve as a director, supervisor, or employee of a company with a specific relationship with the Company.	None

Identity (Note 1) Name	Criteria	Professional Qualifications and Experience (Note 2)	Independence Status (Note 3)	Number of Other Public Companies Where Also Serving as a Member of the Remuneration Committee
		· Does not have any of the circumstances stipulated in Article 30 of the Company Act.	Company. Has not provided business, legal, financial, accounting, or other services to the Company or its affiliated enterprises for compensation in the past 2 years.
Independent Director	Chu, Hsiao-Kang	· Has served as a lecturer in relevant departments of business, law, finance, accounting, or company operations at public or private colleges or universities. 1. Received a Master's degree in Computer & Information from the University of New Haven, USA. 2. Currently serves as the responsible person of Lipa Trading LLC, USA. 3. Previously served as a lecturer at National Taipei University of Technology for 25 years. · Does not have any of the circumstances stipulated in Article 30 of the Company Act.	· The Independent Director, his/her spouse, and relatives within the second degree of kinship do not serve as directors, supervisors (audit committee members), or employees of the Company or its affiliated enterprises. · Does not hold any shares of the Company. · Does not serve as a director, supervisor (audit committee member), or employee of a company with a specific relationship with the Company. Has not provided business, legal, financial, accounting, or other services to the Company or its affiliated enterprises for compensation in the past 2 years.	None
Others	Tseng, Wei-Ting	· Has work experience in business, legal, finance, accounting, or areas required for company operations. 1. A professional who has passed the national examination for accountants and holds a certificate. 2. Currently a practicing CPA at Weiqun CPA Firm with 18 years of experience. · Does not have any of the circumstances stipulated in Article 30 of the Company Act.	· The member, their spouse, and relatives within the second degree of kinship do not serve as directors, supervisors (audit committee members) or employees of the Company or its affiliated enterprises. · Does not hold any shares of the Company. · Does not serve as a director, supervisor (audit committee member), or employee of a company with a specific relationship with the Company. Has not provided business, legal, financial, accounting, or other services to the Company or its affiliated enterprises for compensation in the past 2 years.	None

Note 1: Please specifically describe each Remuneration Committee member's relevant work experience, professional qualifications, experience and independence status in the table. For Independent Directors, you may make a note to refer to relevant content on page XX, Appendix Table 1 Directors and Supervisors Information (1). Please indicate whether the identity is Independent Director or Other (if serving as the Convener, please note this).

Note 2: Professional Qualifications and Experience: Describe the professional qualifications and experience of each individual Remuneration Committee member.

Note 3: Independence Status: Describe the independence status of Remuneration Committee members, including but not limited to whether the member, their spouse, or relatives within the second degree of kinship serve as directors, supervisors, or employees of the Company or its affiliated enterprises; the number and percentage of Company shares held by the member, their spouse, or relatives within the second degree of kinship (or under others' names); whether they serve as directors, supervisors or employees of companies with specific relationships with the Company (refer to Article 6, Paragraph 1, Subparagraphs 5-8 of the Regulations Governing the Appointment and Exercise of Powers by the Remuneration Committee of a Company Whose Stock is Listed on the Stock Exchange or Traded Over the Counter); and the amount of compensation received for providing business, legal, financial, accounting or other services to the Company or its affiliated enterprises in the past 2 years.

(2) Information on the Operation of the Remuneration Committee

A. The Company's Remuneration Committee consists of 3 members.

B. The current term of the committee members: August 10, 2023 to June 20, 2026. In the most recent year, the Remuneration Committee held 2 meetings (A). The qualifications and attendance of committee members are as follows:

Title	Name	Actual Attendance (B)	Attendance by Proxy	Actual Attendance Rate (%) (B/A)
Convener	Wu, Cheng-Te	2	0	100.00%
Committee Member	Tseng, Wei-Ting	2	0	100.00%
Committee Member	Chu, Hsiao-Kang	2	0	100.00%
The powers and duties of the Compensation Committee are as follows and serve as the focus of its annual work
This committee shall faithfully perform the following duties with the care of a good administrator, and submit its recommendations to the Board of Directors for discussion.
1. Regularly review the "Remuneration Committee Charter" and propose recommendations for amendments.
2. Establish and regularly review the policies, systems, standards, and structures for performance evaluation and compensation of the Company's directors and managers.
3. Regularly evaluate the achievement of performance targets by the Company's directors and managers, and based on the results obtained from the performance evaluation standards, determine the content and amount of their individual compensation.
Other matters to be recorded:
1. If the Board of Directors does not adopt or modifies the recommendations of the Remuneration Committee, the date and session of the Board meeting, the content of the proposal, the resolution of the Board, and the Company's handling of the Remuneration Committee's opinions should be specified (if the compensation approved by the Board of Directors is better than the recommendation of the Remuneration Committee, the differences and reasons should be described): There was no such occurrence this year.
2. If any member of the Remuneration Committee has objections or reservations to a resolution and such objection or reservation has been recorded in the minutes or in a written statement, the date of the Remuneration Committee meeting, the session, the content of the proposal, the opinions of all members, and the handling of their opinions shall be specified: There was no such occurrence this year.

(3) The meeting dates, proposal contents, resolution results, and the Company's handling of the Remuneration Committee's opinions in the most recent year:

Date/Session	Proposal Content	Resolution Result	The Company's Handling of the Remuneration Committee's Opinions
2025/01/17【5th Term, 4th Meeting】	The report on the results of the 2024 internal self-evaluation of the Remuneration Committee's performance is hereby submitted for discussion.	After the Chairman consulted with and obtained the consent of all attending committee members, the proposal was approved and will be submitted to the Board of Directors for resolution.	Reported to the Board of Directors and unanimously approved by all directors present.
	The proposal of the Chairman's year-end bonus and performance bonus for 2024 hereby, submitted for discussion.	After the Chairman consulted with all attending committee members, the proposal was unanimously approved and will be submitted to the Board of Directors for discussion and resolution.	Reported to the Board of Directors and unanimously approved by all directors present.
	The proposal of General Manager Wang, Chien-Chen's year-end bonus and performance bonus for 2024, hereby submitted for discussion.	After the Chairman consulted with all attending committee members, the proposal was unanimously approved and will be submitted to the Board of Directors for discussion and resolution.	Reported to the Board of Directors and unanimously approved by all directors present.
	The proposal of Manager Chen, Yi-Hung, Head of Accounting's year-end bonus and performance bonus for 2024, hereby submitted for discussion..	After the Chairman consulted with all attending committee members, the proposal was unanimously approved and will be submitted to the Board of Directors for discussion and resolution.	Reported to the Board of Directors and unanimously approved by all directors present.
	The proposal of Manager Lin, Tzu-Hsin, Head of Finance's year-end bonus and performance bonus for 2024, hereby submitted for discussion.	After the Chairman consulted with all attending committee members, the proposal was unanimously approved and will be submitted to the Board of Directors for discussion and resolution.	Reported to the Board of Directors and unanimously approved by all directors present.

Implementation status of promoting sustainable development and the reasons for any difference with the Sustainable Development Best Practice Principles for TWSE/TPEx Listed Companies:

Implementation items	Implementation status
	Yes	No	Summary Description
1. Has the company established a governance structure to promote sustainable development, set up a dedicated (or part-time) unit to promote sustainable development authorized by the Board of Directors to be handled by senior management, and is the Board of Directors supervising the process?	V		To practice corporate social responsibility and promote economic, environmental, and social progress to achieve sustainable development goals, the Company revised its "Sustainable Development Best Practice Principles" in May 2022, with reference to the competent authority's "Sustainable Development Roadmap for Listed Companies" guidelines:
1. In response to the Company's organizational growth, the "Sustainable Development Operating Procedures" were formulated and approved by the Board of Directors in November 2024. The procedures specify the establishment of a "Sustainable Development Promotion Team" directly under the jurisdiction of the Chairman. According to their specific tasks, the team is divided into the Corporate Governance Group, Sustainable Environment Group, Social Welfare Group, and Sustainable Information Disclosure Group.
2. The promotion program, in addition to establishing responsible units and job duties, will include detailed implementation procedures and continuous monitoring of phase goals, with implementation progress reported to the Board of Directors quarterly.
3. Through the Company's [Sustainable Development Promotion Team], with dedicated efforts referencing the industry standards and material topics published by the GRI, the 2024 Sustainability Report was compiled. After being reported to the Board of Directors, it was published simultaneously on the Market Observation Post System and the Company's official website on August 19, 2025.	No particular variance.
2. Does the company conduct risk assessments on environmental, social, and corporate governance issues related to company operations in accordance with the materiality principle, and establish relevant risk management policies or strategies?	V		The Company has conducted risk assessments on important environmental, social, and corporate governance issues related to company operations based on the materiality principle of corporate sustainable development, and has taken preventive measures.【Governance and Economic Aspect】
Ethical Management, Regulatory Compliance:	No particular variance.

Implementation items	Implementation status
	Yes	No	Summary Description
			1. Regulatory compliance: The Company complies with trade regulations in Taiwan and other regions where it conducts business.
2. The "Ethical Corporate Management Best Practice Principles" are formulated and published on the company's "Regulation System Issuance and Control System" and official website for internal and external stakeholders to access.
• In 2025, a total of 83.46% of internal personnel across the group signed the Ethical Management Compliance Declaration/Integrity Commitment Statement.
3. Strengthening directors' functions: Relevant continuing education topics are planned for directors, providing directors with the latest laws and regulations, system developments, and policies each year.
• In 2025, "Directors' and Officers' (D&O) Liability Insurance" was taken out in accordance with the law to protect them in the event of litigation or claims.
• In 2025, directors' continuing education reached 5.6 hours per person.
4. Stakeholder communication: To maintain smooth communication channels with employees, customers, suppliers, investors, and other stakeholders of the Company, and to respect and safeguard their rightful interests, in addition to allowing access to important Company information at any time through the Company's website and the Market Observation Post System, stakeholders may make contact through the mailbox set up on the official website. The sustainability topics of concern to stakeholders are understood, and dedicated personnel handle and are responsible for responding.
• In 2025, the number of reports received from internal and external stakeholders was 0.
5. A comprehensive internal control system and internal regulations manage various regulatory risks. In addition to conducting internal control assessments independently, the company reviews the audit unit's audit reports quarterly. The Audit Committee shall pay attention to and supervise, while directors shall review deficiencies in the internal control

Implementation items	Implementation status
	Yes	No	Summary Description
			system. Records shall be made, and tracking and implementation of improvements shall be reported to the Board of Directors.
• No significant deficiencies were found in both internal and external audits in 2025.
Information Security:
The Company values information security risk control and protection, deploying a multi-layered information security defense network and implementing strict control measures.
1. The Company strictly adheres to the confidentiality of trade secrets; employees shall not inquire about or collect trade secrets of suppliers or customers that are not related to their own job duties.
2. Information system operations and database access are controlled based on job categories and password levels. Applications must be submitted and approved in accordance with established procedures for network anomaly checks, email system operations, external data transmission, and the borrowing of information equipment.
3. Electronic emails sent or received through the Company's email server are automatically scanned for viruses before being transmitted or received, strengthening and adjusting defense mechanisms in a timely manner.
4. Network security risks rise along with increased market activity; it is imperative to closely monitor these risks and execute maintenance contracts with vendors for critical system resources, thereby preventing the severe consequences brought by hacker intrusions.
5. Personnel are dispatched from time to time to participate in domestic and overseas seminars and information security training courses.
• In view of this, critical information systems establish backup and recovery mechanisms, and implement proper temperature, humidity, and security measures for backup hard drive storage environments.
• During the year, no material information security incidents occurred, and no business interruption was caused by

Implementation items	Implementation status
	Yes	No	Summary Description
			information security incidents.
• The Company established and registered its "Information Security Dedicated Unit" in April 2023 as required by the competent authority, and its personnel completed a total of 6 hours of ESG-related information security and forensics training courses in 2025.

【Social Aspects】
Corporate Social Responsibility:
Following international human rights conventions, and based on the "United Nations Guiding Principles on Business and Human Rights," we have established human rights policies applicable to all employees of current or future subsidiaries, affiliated enterprises, or organizations established in various locations. By incorporating core labor standards into the company's overall operational activities, we have established comprehensive welfare systems and occupational safety and health management systems.
• The "Human Rights Policy" was formulated in 2024, with training sessions arranged regularly to protect the basic human rights of customers, stakeholders, and all employees, while safeguarding both social and Company interests; in 2025, the internal participation rate across the Group reached 13.7%.

【Environmental Aspects】
Climate Change:
In response to the impact of climate change, the Company evaluates the potential risks and opportunities that climate change presents to the company now and in the future, and incorporates these into risk management. We periodically review the risks brought about by climate change, appropriately implement initiatives, actively respond, and report to the Board of Directors according to the regulatory authority's [Sustainability Information] disclosure timeline.
• The 2025 annual reviews have not identified any potential significant risks.

Greenhouse Gas Emissions:
1. In June 2023, the 【Greenhouse Gas Inventory Promotion Committee】 was established and approved by resolution of the | |

Implementation items	Implementation status
	Yes	No	Summary Description
			Board of Directors. An annual greenhouse gas inventory is conducted, serving as the basis for actively and continuously promoting energy conservation and carbon reduction programs.
2. To accurately grasp the status of greenhouse gas emissions, in line with the "Sustainable Development Roadmap for Listed Companies," the greenhouse gas inventory timetable is conducted in accordance with the competent authority's regulations. The parent company's inventory results must undergo external verification and be reported to the Board of Directors beginning in 2027, and the subsidiaries' inventory results must complete external verification and be reported to the Board of Directors beginning in 2028.
• Periodic promotion and advocacy of energy conservation and carbon reduction to reduce greenhouse gas emissions.
• The [Greenhouse Gas Inventory Promotion Committee] actively engaged in the Group's internal greenhouse gas inventory in 2024. In 2025, the Committee completed the calculation of the previous year's greenhouse gas emissions, which was submitted to and approved by the Board of Directors, and subsequently disclosed in the Sustainability Report within the same year.
3. Environmental Issues
(1) Has the company established an appropriate environmental management system based on the characteristics of its industry?	V		(1) Establishing an appropriate environmental management system:
The Company's main production base is in mainland China, and its office is located in a commercial office building in the 'Chang Yih Science and Industrial Park,' Hsinchu County. As there are no production operations, the relevant environmental management is handled with reference to the 'Environmental Protection Laws and Regulations.'
1. The Hsinchu head office has no related environmental protection works such as sludge, wastewater, or industrial waste treatment. It nevertheless upholds the principle of cherishing the Earth by implementing energy conservation and carbon reduction, putting into practice waste sorting and resource recycling, with domestic waste handled as prescribed by the park management center.	No particular variance.

Implementation items	Implementation status
	Yes	No	Summary Description
			2. The Administration Department regularly reviews the status of energy conservation and carbon reduction, including the conservation of limited resources such as electricity, for example:
- The air-conditioning units are divided into zones, which can be controlled individually or effectively controlled for the activation status of the entire area through a centralized controller.
- Electrical products bearing energy conservation labels are selected.
- The office lighting design adopts energy-saving LED lighting, meeting environmental protection requirements and achieving energy conservation and electricity-saving benefits.
- Paperless operations are promoted, with operating systems digitized and electronic, minimizing paper waste as much as possible.3. The importance of a sustainable environment is promoted to Company personnel from time to time, fulfilling the corporate environmental protection responsibility.
(2) Is the company committed to improving energy efficiency and using renewable materials with low environmental impact?	V		(2) The Company's operational direction is committed to eliminating resource waste:
The Company uses no renewable energy, relying mainly on externally purchased electricity, with a small portion being gasoline consumption by company vehicles.
1. With a rigorous attitude, we effectively reduce per-capita energy consumption intensity by adopting smart communications technology and energy-saving products. Internally, the Company encourages employees to implement resource recycling and reduced usage to mitigate the impact of climate change.
- The air conditioning is equipped with a Centralized Controller with monitoring display screen.
- The computer room has established a Monitoring Management Platform for effective temperature and humidity monitoring.
- Electrical appliances are purchased with energy-saving	No particular variance.

Implementation items	Implementation status
	Yes	No	Summary Description
			labels and eco-friendly labels.
2. Waste sorting and resource recycling are handled in coordination with the 'Chang Yih Science and Industrial Park.'
3. Environmental protection concepts are promoted and publicized from time to time to reduce environmental burden and the impact on effective energy use.
(3) Has the Company assessed the potential risks and opportunities of climate change to the enterprise now and in the future, and taken corresponding measures?	V		(3) In response to the impact of climate change, the Company assesses from time to time the potential risks and opportunities that climate change poses to its current and future operations, incorporating them into risk management and appropriately implementing related initiatives.
1. The Taiwan head office has no production activities, yet is still broadly affected by the extreme climate triggered by global greenhouse gas emissions; the most direct impact is the insufficient power supply throughout Taiwan in summer, causing unannounced power outages that affect the Company's daily operations. In addition, electricity prices rise along with limited energy, increasing operating costs.
2. Global warming is becoming increasingly serious, and energy consumption is a major factor causing climate change. With a rigorous attitude, we enhance the efficiency of various energy uses, using the annual energy consumption statistics as a reference indicator for promoting energy conservation and carbon reduction programs, effectively reducing per-capita energy consumption intensity and mitigating the impact of climate change.
3. In recent years, due to the overall industry impact caused by climate change, in addition to procuring raw materials and consumables that comply with relevant laws and regulations and environmental protection and safety requirements, the Company has also incorporated corporate sustainable development thinking into its supply chain development considerations.
4. With reference to the competent authority's "Sustainable Development Roadmap for Listed Companies" guidelines,	No particular variance.

Implementation items	Implementation status
	Yes	No	Summary Description
			sustainable development is promoted, climate risks are incorporated into business strategy, and material information is reported to the Board of Directors in accordance with the regulations.
(4) Has the Company calculated the greenhouse gas emissions, water consumption, and total weight of waste for the past two years, and formulated policies for greenhouse gas reduction, water consumption reduction, or other waste management?	V		(4) The Company continues to actively implement energy conservation and carbon reduction initiatives:
1. Regarding the statistical calculation of greenhouse gas emissions, the scope needs to be established;
• Direct emissions from sources owned or controlled by the company.
• Emissions resulting from imported electricity or heat.
• Emissions generated from company activities.
2. In June 2023, the 【Greenhouse Gas Inventory Promotion Committee】 was established, and beginning in 2024, internal greenhouse gas inventories have been conducted;
• The Company conducts external greenhouse gas verification in accordance with the planning schedule of the "Sustainable Development Roadmap for Listed Companies," and submits reports on the quarterly progress of inventory work to the Board of Directors.
• In 2025, the prior year's greenhouse gas inventory inventory list and report were completed and disclosed in the Sustainability Report. After being reported to the Board of Directors, they were published in August of the same year on the Company's official website and the Market Observation Post System.
3. Reduction and Waste Reduction Policy:
• The office is located in the 'Chang Yih Science and Industrial Park.' The computer server room is equipped with an environmental monitoring and management platform that monitors air conditioning, electricity, UPS temperature and humidity, and other environmental conditions. Through the monitoring platform, the operation of each module is effectively controlled, and after eliminating human management factors, unnecessary power consumption can be reduced.
• The office air conditioning is divided into three major	No particular variance.

Implementation items	Implementation status			Differences from the Sustainable Development Best Practice Principles for TWSE/TPEx Listed Companies and reasons
	Yes	No	Summary Description
			zones operated by separate units, each of which can be operated via an 'individual control switch,' saving power consumption in public areas. As the power required for the fans is reduced, the load variation correspondence is better, and the overall air-conditioning comfort is enhanced. It is also equipped with a 'centralized controller' function, through which the air-conditioning operation status of each zone can be clearly grasped via the display screen. With a multifunctional design for whole-area or individual control, efficiency is extremely high. In addition to enhancing office quality, it effectively achieves energy conservation and carbon reduction.

• The office is equipped with a total heat exchanger, a forced ventilation device with energy heat recovery that introduces fresh air indoors and exhausts indoor stale air outdoors. Energy exchange is conducted before the two airflows are discharged, maintaining the original air-conditioning state to the extent possible without changing the indoor temperature, thereby reducing the burden on the air-conditioning equipment caused by introducing outdoor air and achieving energy and electricity conservation.

• The office lighting fully adopts energy-saving LED lighting, meeting environmental protection requirements, with low heat and no flickering, achieving energy conservation and electricity-saving benefits.

• Regular maintenance of all indoor and outdoor air conditioning units throughout the area is conducted to maintain cooling efficiency and reduce power consumption.

• Electricity consumption statistics use data analysis of electricity usage as a basis for future adjustments to electricity use, putting into practice a low-carbon environment; the total electricity consumption in 2025 decreased by 1,880 kWh compared with the total electricity consumption in 2024. | |

Implementation items	Implementation status
	Yes	No	Summary Description
			4. The office is located in the 'Chang Yih Science and Industrial Park,' where a rainwater recycling system is installed within the park to irrigate the park's green spaces and clean roads and ditches, making it an environmentally sustainable green park. The entire park does not have individual water meters for each tenant; water fees are included in the management fees. We continue to promote water conservation.
4. Social Issues
(1) Has the company established relevant management policies and procedures in accordance with relevant regulations and international human rights conventions?	V		(1) To fulfill corporate social responsibility, promote economic, environmental, and social progress to achieve sustainable development goals, the importance of implementing human rights governance cannot be ignored in accordance with ESG standards.
1. The company strictly adheres to labor-related laws and regulations in the locations where it operates, protects the legal rights and interests of employees, and respects and supports the spirit and basic principles of internationally recognized human rights protection, including the "Universal Declaration of Human Rights," "United Nations Global Compact," and the International Labour Organization's "Declaration on Fundamental Principles and Rights at Work."
2. In accordance with the guidelines of the "United Nations Guiding Principles on Business and Human Rights," the Company established its [Human Rights Policy] in December 2024, which has been published on the Company's official website; furthermore, training and awareness programs regarding human rights protection issues are conducted from time to time on an annual basis.
• In 2025, the Group's participation in promotional courses reached 13.7%.
3. In terms of policy, the Company's relevant labor and human rights standards are embedded within regulations such as the [Measures for Personnel Management], the [Gender Equity in Employment Act], and the [Prevention of Sexual Harassment in the Workplace], ensuring that employee	No particular variance.

Implementation items	Implementation status
	Yes	No	Summary Description
			recruitment, evaluation, and promotion are free from any discriminatory treatment based on race, gender, age, or religion. The aforementioned procedures are published on the Company's internal "Regulations Issuance and Control System" and remain accessible to all employees at any time.
(2) Has the company established and implemented reasonable employee welfare measures (including compensation, leave, and other benefits), and appropriately reflected operational performance or results in employee compensation?	V		(2) In terms of employee compensation and benefits, the Company has designed comprehensive personnel management and performance-based reward systems, and promotes diverse welfare programs to attract and retain excellent talent.
1. The Company values gender equity, equal pay, and equal advancement opportunities. In 2025, female employees accounted for 22.02% of the total workforce, and female managers represented 21.43% of all management positions.
2. The Company has added an《Employee Shareholding Trust Plan》, under which each month employees set aside a fixed amount from their salary income according to their job grade, and the Company contributes a matching incentive bonus each month to regularly invest in the Company's stock, retaining good talent and thereby motivating employees to work together with the Company and share in the operating results.
3. Group Insurance: The company, committed to caring for employee health, has planned "Group Insurance" which provides coverage for life insurance, major illnesses, accident insurance, accident medical treatment, accidental injury, hospitalization medical insurance, etc. Employees are enrolled in the insurance upon joining the company, allowing them to enjoy higher quality medical care.
4. Performance Appraisal Method: Through performance evaluation, employee work performance is improved. Based on the achievement of the company's annual operational goals, and after approval by the Chairman, results are announced as a basis for fair and reasonable rewards and penalties.
5. Salary Payment Method: Establishes "holiday bonuses" which are determined based on the external macroeconomic environment and the company's overall operational	No particular variance.

Implementation items	Implementation status
	Yes	No	Summary Description
			performance.
6. Employee Compensation Management Measures:
According to Article 21 of the Company's Articles of Association: The Company shall, from the current year's profit before tax (profit before deducting employee compensation and director compensation), after reserving an amount to cover accumulated losses, if any surplus remains, allocate compensation to reward employees.
(1) 5% (inclusive) to 10% (inclusive) as employee compensation, of which 30% of this employee compensation amount shall be distributed to entry-level employees.

(2) No more than 5% (inclusive) as directors' remuneration. The ratio of employees' remuneration and directors' remuneration shall be first reviewed by the Remuneration Committee before being submitted to the Board of Directors for resolution.
• The Company has no earnings distributable in 2025, and the accumulated losses will be covered in subsequent years. | |
| (3) Does the company provide a safe and healthy working environment for employees, and regularly implement safety and health education for employees? | V | | (3) The Company places great importance on providing a safe and healthy working environment for employees, thus constantly monitoring environmental and equipment safety.
1. The office is located within the "Chang Yih Science and Industrial Park," with security guards controlling all entrances and exits to ensure tenant safety, and card access control systems installed at the office entrance.
2. In accordance with relevant occupational safety and health laws, to prevent disasters, the inspection and reporting of fire safety equipment is conducted once a year by a professional inspection agency.
3. Regarding health management, in addition to regular employee health check-ups, health seminars are also held periodically to improve employees' physical and mental well-being.
• The fire safety equipment inspection and reporting for | No particular variance. |

Implementation items	Implementation status			Differences from the Sustainable Development Best Practice Principles for TWSE/TPEx Listed Companies and reasons
	Yes	No	Summary Description
			2025 was completed on schedule with the Hsinchu County Fire Department in May.
• In August 2025, the Company participated in the fire drill and emergency response exercise conducted by the 'Chang Yih Science and Industrial Park.'
• The number of fire incidents in 2025 was 0.
• The number of occupational accidents in 2025 was 0.
(4) Has the Company established an effective career development training program for employees?	V		(4) The Company periodically analyzes internal salary levels for various positions through external "Salary and Benefits Survey Reports" to provide competitive salary levels. Additionally, to encourage effective employee learning, the Company implements regular job rotation. Externally, in addition to enhancing professional knowledge and legal updates through professional training institutions, the Administration Department periodically arranges reading clubs, with department heads taking turns to teach, aiming for mutual growth between the company and employees, and developing professional capabilities.	No particular variance.
(5) For issues relating to customer health and safety, customer privacy, marketing and labeling of products and services, does the Company follow relevant regulations and international standards, and formulate relevant policies on consumer or customer rights protection and grievance procedures?	V		(5) Protecting the rights and interests of consumers or customers.
1. The Company's main products sold are conductors and bare wires within information transmission cables. The marketing and labeling of products and services comply with relevant laws and regulations and international standards, and are regularly tracked and revised.
2. To ensure and maintain customer health and safety, regular quality, production, sales, and business meetings are held to effectively address customer issues, ensure full internal communication, and respond to customer feedback. 3. In addition to the company profile and product information on the official website, the Company, upholding the principle of integrity and openness, has set up a Stakeholder Area on its website. Should customers have complaints, they may at any time use diverse communication channels such as letters, email, and a dedicated telephone line, and the Company's dedicated person in charge will make contact to handle related issues, protecting consumer rights and interests.	No particular variance.

Implementation items	Implementation status			Differences from the Sustainable Development Best Practice Principles for TWSE/TPEx Listed Companies and reasons
	Yes	No	Summary Description
			• The number of complaints from external stakeholders in 2024 was 0.
(6) Has the Company established a supplier management policy requiring suppliers to comply with relevant regulations on issues such as environmental protection, occupational safety and health, or labor rights, and what is the implementation status?	V		(6) The Company has established a supplier management system in accordance with the requirements of the ISO 9001 quality management system.
1. Telephone calls or plant visits for assessment are conducted from time to time, communicating to suppliers the Company's management policies on environmental protection, occupational safety and health management systems, and human rights protection. Should a supplier be found to have violated the Company's relevant policies or to have an adverse impact on the environment and society, the contract may be terminated or rescinded depending on the severity of the circumstances. Through supply chain management, we communicate the Company's business philosophy and work closely with suppliers to achieve the highest goal of customer satisfaction. Under the commitment to sustainable development of the supply chain, we fulfill our responsibility for environmental and social protection.
2. The Company has established a supplier management policy, requiring suppliers to sign an Environmental Protection Requirement Contact Letter and a Supplier Integrity Obligation Commitment Letter.
• The Company's procurement personnel conduct supplier evaluations each month with respect to suppliers' product (service) quality, price, delivery schedule, HSF (Hazardous Substance Free), etc.
• An evaluation plan is formulated annually, with the supplier evaluation frequency being once a year.
• For suppliers whose procurement amount accounts for 50% of the total procurement amount, the Company has obtained a 100% signing rate of the Supplier Sustainability Commitment Letter.	No particular variance.
5. Does the Company prepare reports that disclose non-financial information, such as sustainability reports, with reference to internationally accepted reporting	V		To realize its sustainable development goals, the Company has established the [Company Sustainable Development Best Practice Principles]. The Sustainability Report is prepared with reference to	No particular variance.

Implementation items	Implementation status
	Yes	No	Summary Description
standards or guidelines? Has the aforementioned report obtained assurance or certification from a third-party verification organization?			the GRI Sustainability Reporting Standards (2021 version) published by the Global Reporting Initiative (GRI) and the government competent authority's requirements under the "Rules Governing the Preparation and Filing of Corporate Sustainability Reports by TWSE Listed Companies," and is aligned with the "United Nations Sustainable Development Goals (SDGs)," reporting to stakeholders with a responsible attitude.
• In November 2024, the 【Sustainable Development Operating Procedures】 were established, and pursuant thereto the [Sustainable Development Promotion Team] was set up. Each team collected the management policies and performance information according to the topics and completed the compilation of the 2024 Sustainability Report. After being reported to the Board of Directors, it was published on August 19, 2025 on the Market Observation Post System and simultaneously on the Company's official website.
• The aforementioned Sustainability Report has not yet obtained third-party verification.
6. If the Company has established its own sustainable development principles based on the "Sustainable Development Best Practice Principles for TWSE/TPEx Listed Companies," please describe any differences between its operation and the established principles:
The Company has established "Sustainable Development Best Practice Principles" to fulfill sustainable development. Its operation is consistent with the spirit and principles of the regulations. Additionally, to provide a basis for planning and implementing sustainable development-related work, the "Sustainable Development Operating Procedures" were established in November 2024, and the "Procedures for the Preparation and Assurance of Sustainability Reports" were established in August 2025, both of which were approved by the Board of Directors for implementation.
• No material variance.
7. Other important information that helps understand the implementation of sustainable development:
(1) The Company implements sustainable development according to the following principles:
• Implement corporate governance.
• Develop sustainable environment.
• Maintain social welfare.
• Strengthening the disclosure of corporate sustainable development information.
(2) The Company values the rights and interests of stakeholders. The company website has established a [Stakeholder Area] to provide a good communication platform to understand stakeholders' reasonable expectations and needs. Whether it's inquiries, complaints, or suggestions regarding economic or environmental issues, the Company adheres to the principle of integrity to properly handle them or propose improvement plans.
(3) In November 2024, the [Sustainable Development Operating Procedures] were formulated, and a Sustainable Development Promotion Team was established under the direct jurisdiction of the Chairman, responsible for supervision and management.
• The committee members of each working team collect domestic and international economic, environmental, and social sustainability topics, understand the topics of concern

Implementation items	Implementation status
	Yes	No	Summary Description
to stakeholders through diverse channels, identify material topics through analysis, and consolidate based on each management policy and effective information.
• The financial data in this report is cited from the consolidated financial statements certified by Ernst & Young. The environmental and social data are compiled by the Company's responsible departments through statistical conversion.
• After the Company's Sustainable Development Promotion Team completed the compilation of the report, it was published on the official website and the Market Observation Post System after being reported to the Board of Directors.

6. Company climate-related information

(1) Implementation status of climate-related information

Item	Implementation status
1. Describe the oversight and governance of climate-related risks and opportunities by the Board of Directors and management.	Climate change is caused by greenhouse gas emissions, therefore, "reducing greenhouse gas emissions" is one of the primary goals of climate risk management actions. To ensure that the Board of Directors has an appropriate understanding of the company's climate-related risks and opportunities, with reference to the regulatory authorities' recommendations on [Climate-related Financial Disclosures], we review and identify risks brought about by climate change for climate-related issues from time to time, and develop appropriate implementation plans based on the scale of the company's organizational development, actively responding to these issues. Other information is reported to the Board of Directors according to the disclosure schedule specified by the regulatory authorities' [Sustainable Development Roadmap for TWSE/TPEx Listed Companies].
• The 2025 annual reviews have not identified any potential significant risks.
2. Describe how the identified climate risks and opportunities affect the company's business, strategy, and finances (short-term, medium-term, long-term).	1. Climate change risks: mainly divided into "Physical risks" arising from direct or indirect losses caused by natural disasters or long-term weather changes due to climate change.
• "Transition risks" arise from the process of being affected by social policies and regulations, and the transition towards a low-carbon economy.
2. The Taiwan head office has no production activities, but is still broadly affected by the climate impact caused by the global greenhouse gas emission effect;
• Short term: The most direct impact of extreme climate is insufficient power supply, causing unannounced power outages that affect the Company's daily operations. In addition, electricity prices rise along with limited energy, increasing operating costs.
• Medium term: Suppliers and customers likewise face physical risks of

Item	Implementation status
3. Describe the financial impact of extreme climate events and transition actions.	climate change to varying degrees, increasing abnormalities or interruptions in production, sales, and transportation, causing marketing impacts. • Long term: Using the goal of low-carbon transition to guide the operating direction, promoting energy conservation and carbon reduction plans with results gradually emerging, leveraging production to introduce green and environmentally friendly products, and linking the upstream and downstream supply chains in response to changes in the supply-demand structure, thereby enhancing corporate competitiveness and putting the sustainability vision into practice.
4. Describe how the process of identifying, assessing, and managing climate risks is integrated into the overall risk management system.	The Company follows relevant regulations and international standards, implements green environmental products, and responds to changes in the supply and demand structure of upstream and downstream supply chains. Aiming at the spirit of ISO14064-1, in June 2023, the Company established the [Greenhouse Gas Inventory Promotion Committee]. In 2024, the Company conducted a greenhouse gas inventory to accurately monitor greenhouse gas emission status, and will subsequently complete the disclosure of the 2025 greenhouse gas inventory in 2026 in accordance with regulatory requirements. Due to long-term and full participation, the increased investment costs have led to higher expenses.
5. If scenario analysis is used to assess resilience to climate change risks, explain the scenarios, parameters, assumptions, analysis factors, and main financial impacts used.	The Company's risk management policy is to control various risks that may be encountered in operational activities within an acceptable range, prevent potential losses, protect employees, safeguard shareholders' rights, and maintain the interests of cooperative suppliers and customers. In response to organizational development, the identification of climate change has been incorporated into management policies and procedures. Currently, assessment and establishment of management processes have not yet been conducted.
6. If there is a transition plan to respond to and manage climate-related risks, describe the content of the plan, and the indicators and targets used to identify and manage physical risks and transition risks.	The Company does not yet use scenario analysis to assess its resilience in the face of climate change risks.
7. If internal carbon pricing is used as a planning tool, explain the basis for price setting.	The Company does not yet have a transition plan to respond to and manage climate-related risks.
8. If climate-related targets have been set, describe the activities covered, greenhouse gas	The Company has not yet planned internal carbon pricing.
	The Company has not yet set climate-related targets. As global warming becomes
9. If the system is not in line with the current state of the economy, explain the current state of the economy.	the system is not in line with the current state of the economy.

Item	Implementation status
emission scopes, planned timeline, annual progress and other information; if carbon offsets or Renewable Energy Certificates (RECs) are used to achieve related targets, explain the source and quantity of the carbon reduction credits offset or the quantity of Renewable Energy Certificates (RECs).	increasingly serious, it is currently referencing the competent authority's guidelines and promotion timetable;
1. In 2023, the 【Greenhouse Gas Inventory Promotion Committee】unit was established. In the first quarter of 2024, overseas subsidiaries were assisted in setting up dedicated units to conduct internal inventories, using the inventory information as the basis for future adjustments to energy conservation and carbon reduction programs.
2. Adopting the domestic and international ISO 14064-1 standard, the corporate greenhouse gas inventory is conducted and disclosed. The scope identification mainly includes:
• Direct greenhouse gas emissions: Greenhouse gas emission sources owned or controlled by the company.
• Indirect greenhouse gas emissions: Those generated from the use of imported electricity, heat, or steam energy.
• Other indirect emissions: Emissions generated from company activities that are not energy-related indirect emissions, but come from emission sources owned or controlled by other companies.
9. Greenhouse gas inventory and assurance status, reduction targets, strategies, and specific action plans (to be additionally filled in 1-1 and 1-2).	As shown in Tables 1-1 and 1-2.

1-1 The company's greenhouse gas inventory and assurance status for the past two years
1-1-1 Greenhouse gas inventory information

Describe the greenhouse gas emissions (tonnes CO2e), intensity (tonnes CO2e/million dollars), and data coverage scope for the past two years.
The Company analyzes the emission statistics by type of emission source
Year	Type of Emission Source	Scope 1 Direct emissions	Scope 2 Energy indirect	Scope 3 Energy other indirect	Total emissions
2024	Metric tons CO2e/year	98.8679	6,669.5173	59,285.5555	66,053.9407
Note: 1. The first greenhouse gas inventory was conducted in 2024, defined as the base year. The scope of the greenhouse gas inventory information covers the head office and incorporates two overseas subsidiaries — Dong Guan Hou Jie Xi Tou Space Shuttle Hi-Fi Wire & Cable Co., Ltd. and Dongguan Lucky Fly Conductor Co., Ltd. This inventory report is disclosed in the ESG report and was published simultaneously on the Market Observation Post System and the Company's official website in August 2025. 2. The 2025 greenhouse gas inventory has completed information collection. It will undergo internal verification through the "Greenhouse Gas Inventory Management Procedure." After this report is completed and reported to the Board of Directors, it is expected to be published in June.

1-1-2 Greenhouse gas assurance information:

Describe the assurance status for the past two years as of the annual report printing date, including the assurance scope, assurance institution, assurance standards, and assurance opinion.

Pursuant to the FSC's "Sustainable Development Roadmap for Listed Companies," the "Sustainable Development Action Plans for TWSE/TPEx-Listed Companies (2023)," and "Item 9 of Appendix 2-2-3 of the Regulations Governing Information to be Published in Annual Reports of Public Companies," the Company, being a TWSE-listed company with paid-in capital of less than NT$5 billion, continues to complete and disclose the consolidated company greenhouse gas inventory and, in 2027, the entity-level company greenhouse gas assurance information, as required. • In accordance with ESG information disclosure, the 2024 inventory information was disclosed and filed in June 2025 in accordance with the Procedures for the Filing of Information by TWSE Listed Companies. The 2025 greenhouse gas inventory has completed information collection. After internal verification through the "Greenhouse Gas Inventory Management Procedure" and reporting to the Board of Directors, it will be published in June in accordance with the regulations.

1-2 Greenhouse gas reduction targets, strategies, and specific action plans:

Describe the greenhouse gas reduction base year and its data, reduction targets, strategies and specific action plans, and the achievement status of reduction targets.
The company's greenhouse gas target strategies and specific plans are disclosed on the Market Observation Post System.

Implementation of Ethical Corporate Management and Differences from the Ethical Corporate Management Best Practice Principles for TWSE/TPEx Listed Companies and the Reasons

Evaluation Items	Implementation Status
	Yes	No	Summary Description
1. Establishment of Ethical Corporate Management Policies and Programs
(1) Has the Company formulated ethical corporate management policies that have been approved by the Board of Directors? Does the Company clearly specify the policies and practices of ethical corporate management in its regulations and external documents, as well as the commitment of the Board of Directors and senior management to actively implement these management policies?	V		(1) To strengthen and implement the Company's business policies;
1. The [Ethical Corporate Management Best Practice Principles] were formulated and approved by the Board of Directors in November 2014. In response to the new version of the Corporate Governance Roadmap published by the competent authority in 2020, they were promptly amended in March 2021, and are complied with by both the Board of Directors and senior management.
2. In performing their duties, the persons listed above shall uphold an active, conscientious, and responsible attitude and emphasize team spirit. The [Code of Ethical Conduct] was formulated in March 2021, and the principle of honesty and good faith is strictly observed.
3. The above norms are published on the Market Observation Post System, the Company's official website, and the Company's internal "Regulation and System Issuance and Control System," serving as an explicit commitment to and implementation of the ethical corporate management policy, with the continued goal of safeguarding shareholders' rights and interests and pursuing corporate sustainable development.
(2) To improve the management of ethical corporate management;
1. The Company has formulated the [Ethical Corporate Management Best Practice Principles] and the [Code of Ethical Conduct] to prevent dishonest conduct, which have been approved by the Board of Directors. As the main mechanism for assessing the risk of dishonest conduct, business activities with a relatively high risk of dishonest conduct within the business scope are regularly analyzed and assessed.
2. To prevent directors, managers, and employees from directly or indirectly offering, accepting, promising, or demanding any improper benefits in the course of performing their duties, or from engaging in other conduct that	No particular variance
	V		any member of the company's business policies.
1. The Company has formulated the [Ethical Corporate Management Best Practice Principles] and the [Code of Ethical Conduct] to prevent dishonest conduct, which have been approved by the Board of Directors. As the main mechanism for assessing the risk of dishonest conduct, business activities with a relatively high risk of dishonest conduct within the business scope are regularly analyzed and assessed.
2. To prevent directors, managers, and employees from directly or indirectly offering, accepting, promising, or demanding any improper benefits in the course of performing their duties, or from engaging in other conduct that	No particular variance

Evaluation Items	Implementation Status			Differences from the Ethical Corporate Management Best Practice Principles for TWSE/TPEx Listed Companies and the Reasons
	Yes	No	Summary Description
(3) Does the Company clearly specify operating procedures, behavior guidelines, disciplinary measures for violations, and grievance systems in its unethical conduct prevention programs, and implement them effectively, while periodically reviewing and revising the aforementioned programs?	V		violates integrity, is unlawful, or breaches fiduciary duty, preventive measures have been adopted and publicized to facilitate compliance and implementation by all personnel. • With reference to the [Ethical Corporate Management Operating Procedures and Conduct Guidelines], the «Statement of Compliance with Ethical Corporate Management» was formulated. The statement covers the prevention of the conduct under each subparagraph of Article 7, Paragraph 2 of the "Ethical Corporate Management Best Practice Principles for TWSE/TPEx Listed Companies." (3) Specifying operating procedures for preventing dishonest conduct; 1. To fulfill corporate social responsibility, the [Ethical Corporate Management Best Practice Principles] were formulated to prevent dishonest conduct. In addition, with reference to the [Ethical Corporate Management Operating Procedures and Conduct Guidelines], the «Statement of Compliance with Ethical Corporate Management» was formulated. Promotion was conducted and the statement was signed to acknowledge understanding and willingness to comply with the relevant norms during the service period, establishing sound corporate governance and risk control mechanisms. 2. The Company's [Measures for Personnel Management] also expressly stipulate operating norms, and the foregoing norms are regularly reviewed and revised. For personnel who may have conflicts of interest in business dealings, the «Employee Self-Discipline Convention» and the «Confidentiality and Non-Competition Agreement» are signed on the day of reporting for duty to prevent conflicts of interest in their duties, with disciplinary measures expressly specified for any violation. • In 2025, the audit unit conducted regular or ad-hoc audits and found no violations of dishonest conduct. • To prevent dishonest conduct, after holding a promotional session in December 2024, employees signed the «Statement of Compliance with Ethical Corporate Management.»	No particular variance

Evaluation Items	Implementation Status			Differences from the Ethical Corporate Management Best Practice Principles for TWSE/TPEx Listed Companies and the Reasons
	Yes	No	Summary Description
			• New employees receive training from the Human Resources Department during the reporting-for-duty stage to cultivate integrity awareness.
• Integrated with the "regular performance appraisal" human resource policy to prevent unethical behavior and move toward sustainable development goals.
3. Complaint system:
• The Company encourages internal and external personnel to report dishonest conduct or improper conduct, granting rewards according to the severity of the reported circumstances.
• A [Stakeholder Area] is set up on the Company's official website to provide a communication platform.
2. Implementation of Ethical Corporate Management
(1) Does the Company assess the integrity records of its business counterparties, and include ethics-related clauses in the contracts it signs with such counterparties?	V		(1) The Company avoids transactions with those having a record of dishonest conduct, and expressly stipulates integrity conduct clauses in commercial contracts;
1. The Company's important legal documents must all be reported through internal memos or consulted with the legal advisor, who provides professional opinions and recommendations.
2. A supplier management system has been established in accordance with the requirements of the ISO 9001 quality management system, expressly stipulating evaluation clauses. Before commercial dealings, an assessment is made of whether the supplier and its customers, suppliers, or other dealing counterparties have a record of dishonest conduct. In addition, suppliers shall not have improper relationship connections with the Company or its plants, and shall conduct business activities in a fair and transparent manner.	No particular variance
(2) Does the Company have a dedicated unit, under the Board of Directors, responsible for promoting ethical corporate management, and does this unit report regularly (at least once a year) to the Board regarding ethical corporate management policies, measures to prevent	V		(2) To establish sound management of ethical corporate management, the Company allocates resources and personnel, with the General Management Office responsible for assisting the Board of Directors and management in formulating and supervising the implementation of ethical corporate	No particular variance

Evaluation Items	Implementation Status
	Yes	No	Summary Description
unethical behavior, and implementation oversight?			management policies and behavioral guidelines, and regularly (at least once a year) or as needed, reporting to the Board of Directors.
• The above responsible units and duties are all specified in the [Ethical Corporate Management Best Practice Principles].
(3) Does the Company have policies to prevent conflicts of interest, provide appropriate channels for declaration, and effectively implement them?	V		(3) Policy for preventing conflicts of interest;
1. The forms of conflicts of interest may be referenced in the [Ethical Corporate Management Best Practice Principles]. With respect to directors and managers, the policy for preventing conflicts of interest has been expressly specified in the [Code of Ethical Conduct].
2. In addition, the Company's [Board of Directors Meeting Rules] all specify clauses regarding directors' recusal due to conflicts of interest. For meeting matters in which a director or the juridical person the director represents has an interest that may be detrimental to the Company's interests, the director may attend and state opinions and respond to questions, but shall not participate in the discussion and voting, and shall recuse himself/herself during discussion and voting, and shall not exercise voting rights on behalf of other directors.
3. All new employees receive training arranged by the Human Resources Department during the reporting-for-duty stage. The [Measures for Personnel Management] stipulate that personnel in positions with conflicts of interest in business dealings shall all sign the "Self-Discipline Convention" and have its implications explained.	No particular variance
(4) Does the Company have effective accounting systems and internal control systems in place to implement ethical corporate management, and does the internal audit unit develop relevant audit plans based on the risk assessment results of unethical behavior to verify compliance with the unethical behavior prevention program, or engage a CPA to conduct such audits?	V		(4) Implementing ethical corporate management;
1. The Company has established an effective accounting system and a dedicated accounting unit.
2. The internal audit unit also conducts various audits according to the next year's audit plan formulated based on the risk assessment results, and reports the audit results and the responsible units' subsequent improvement measures to the Board of Directors and management, in order to implement audit effectiveness, with regular quarterly reports to the Board of Directors.	No particular variance

Evaluation Items	Implementation Status
	Yes	No	Summary Description
(5) Does the Company regularly conduct internal and external training on ethical corporate management?	V		3. The corporate internal control self-assessment must all self-examine the effectiveness of the design and implementation of the internal control system.
• Internal audit personnel conducted regular audits and found no violations of integrity.
(5) The Company's "Ethical Corporate Management Best Practice Principles" are disclosed on the Company's official website / corporate governance section. The Company also from time to time sends personnel to participate in education and training on ethical corporate management, or promotes awareness through Board of Directors and management meetings, to ensure full understanding of the Company's determination, policies, and preventive measures regarding ethical corporate management.
• Participation in externally held ethical corporate management training and promotion totaled 18 person-hours in 2025.	No particular variance
3. Operation of the Company's Whistleblowing System
(1) Does the Company establish specific whistleblowing and reward systems, create accessible whistleblowing channels, and assign appropriate dedicated personnel to handle reported cases?	V		(1) Whistleblower system;
1. If ethical concerns or conflicts of interest are identified, the Company's "Ethical Corporate Management Best Practice Principles," the "Ethics Code" for Directors and Managers, and the "Measures for Personnel Management" all specify relevant regulations and procedures for the whistleblowing system.
2. The Company has established and announced internal independent whistleblowing mailboxes and hotlines on both the company website and internal website, or has commissioned other external independent organizations to provide whistleblowing mailboxes and hotlines for use by both internal and external personnel of the Company.
3. The Company has established a dedicated unit and formulated procedures for handling responsible units and processes based on the personnel involved in the whistleblowing reports.
4. The Company encourages internal personnel to report dishonest or improper conduct, and provides rewards based on the severity of the	No particular variance

Evaluation Items	Implementation Status			Differences from the Ethical Corporate Management Best Practice Principles for TWSE/TPEx Listed Companies and the Reasons
	Yes	No	Summary Description
(2) Has the Company established standard operating procedures for investigating reported matters, subsequent measures to be taken after the investigation is completed, and related confidentiality mechanisms?	V		reported incidents. Internal personnel who make false reports or malicious accusations shall be subject to disciplinary actions, and in serious cases, may be dismissed from their positions.
(2) The acceptance of whistleblowing reports, investigation process, and investigation results should all be documented in writing and preserved for five years. These records may be kept electronically. All personnel involved in the handling and verification process shall maintain the confidentiality of the whistleblower's identity, the reported person, and the content of the report. After the verification process is completed and reported to the responsible supervisor, the human resources department shall completely preserve all relevant information.
• No such incidents occurred in 2025.
(3) The Company has established a confidentiality mechanism for the reporting procedure, ensuring employees know that the Company will make every effort to protect the safety of whistleblowers and prevent them from being subjected to improper treatment due to their reporting.
• No such incidents occurred in 2025.	No particular variance
(3) Does the Company take measures to protect whistleblowers from improper treatment as a result of their whistleblowing?	V			No particular variance
4. Strengthening Information Disclosure
Has the Company disclosed the content of its Ethical Corporate Management Best Practice Principles and implementation results on its website and the Market Observation Post System?	V		The Company has published the "Ethical Corporate Management Best Practice Principles" on its official website and on the Market Observation Post System, disclosing information about the Company's profile, business policies, finances, and other relevant information. In addition to updating the above information on the Company's official website from time to time, an "Investor Relations" section has been established on the website, which also discloses corporate governance compliance with relevant regulations and emphasizes the principles of integrity. All information on the official website is maintained and updated by the respective units, and important announcements are released by the spokesperson.	No particular variance
5. If the Company has established its own Ethical Corporate Management Best Practice Principles based on the "Ethical Corporate Management Best Practice Principles for TWSE/TPEx Listed Companies," please describe any differences between its operation and the established principles:
The Company has established "Ethical Corporate Management Best Practice Principles," and the Company's operations strictly adhere to these established principles, with no significant differences.

Evaluation Items	Implementation Status			Differences from the Ethical Corporate Management Best Practice Principles for TWSE/TPEx Listed Companies and the Reasons
	Yes	No	Summary Description
6. Other important information that helps to understand the Company's ethical corporate management operations: (Such as the Company's review and amendment of its established Ethical Corporate Management Best Practice Principles) The Company will always pay attention to the development of relevant regulations on ethical corporate management of the group, and encourage directors, managers and employees to make suggestions, based on which to review and improve the ethical corporate management policies established by the Company and the measures implemented, in order to enhance the effectiveness of the Company's ethical corporate management implementation. Additionally, a corporate governance section has been established on the website, and information regarding actual operations and other relevant details will be disclosed on the company website and the Market Observation Post System.

Other important information that helps to increase understanding of the Company's corporate governance Implementation: None.
Implementation status of the internal control system

(1) Statement on Internal Control:

Please refer to the Market Observation Post System, [Website: https://mops.twse.com.tw $\rightarrow$ Single Company $\rightarrow$ Corporate Governance $\rightarrow$ Company Rules/Internal Control $\rightarrow$ Internal Control Statement Announcement], enter the year and company code (2440) to search for internal control statement announcements.

https://mopsov.twse.com.tw/mops/web/ajax_t06sg20?parameters=0eb65210d5bdc34ea16e295ccdbad1094fa31aee87661611d3f8c22be a3fb50de1d5d55f2907af83df59ae82756caca37dd8deda6d21048dd6757f91f6feed9efade4567702b1a82869a09fd73fc40586bf9a81f6cee 89d4f9a3841749584b20903dde6a928cc89597c96889484360aaa4be92515fe46e68f9315b3c534a4ef0

(2) If the internal control system is reviewed by a commissioned accountant, the accountant's review report should be disclosed: None.

Important resolutions of the Shareholders' Meeting and Board of Directors in the most recent year and up to the date of the annual report's publication

Shareholders' Meeting/Board of Directors	Date	Important Resolutions
Shareholders' Meeting
2025 Shareholders' Meeting	June 26, 2025	Matters of Ratification:
1. Approved the Company's 2024 Business Report and Financial Statements.
Implementation status: There were no shareholder inquiries. Relevant announcements, filings, and disclosures have been made on the Company's website in accordance with relevant regulations.
2. Approved the Company's 2024 Profit Distribution and Loss Make-up Plan.
Implementation status: There were no shareholder inquiries. Relevant announcements, filings, and disclosures have been made on the Company's website in accordance with relevant regulations.
Matter of Discussion:
1. Proposal to amend certain provisions of the Company's "Articles of Association".
Implementation status: No questions were raised by shareholders; the change of registration was approved and completed by the competent authority on August 15, 2025.
Board of Directors Discussion Items:
The 16th 9th Meeting	January 17, 2025	1. Approved the Chairman's 2024 year-end bonus and performance bonus.
2. Approved General Manager Wang, Chien-Chen's 2024 year-end bonus and performance bonus.
3. Approved the proposal of Manager Chen, Yi-Hung, Head of Accounting's year-end bonus and performance bonus for 2024.
4. Approved the proposal of Manager Lin, Tzu-Hsin, Head of Finance's year-end bonus and performance bonus for 2024.
5. Approved the proposal for the establishment of the Company's "Directions for Compliance Regarding the Setup and Exercise of Powers of the Board of Directors".
6. Approved the amendment of certain provisions of the Company's "Corporate Governance Practice Principles."
7. Approved the 2025 operating budget for Space Shuttle Group.
16th Term, 10th Meeting	March 12, 2025	1. Approved the completion of the Company's annual business report and financial statements for 2024.
2. Approved that the Company's financial statements for 2024 have been audited and certified by Ernst & Young Global Limited.
3. Approved the Company's 2024 profit and loss appropriation proposal.
4. Approved the evaluation of the effectiveness of the internal control system and the Statement of Internal Control.
5. Approved the proposal for the Company to apply for a financing facility from Taichung Commercial Bank.
6. Approved the proposal for the Company to apply for a financing facility from Taiwan SME Bank.
7. Approved the proposal for a loan of three million four hundred thousand US dollars to the invested enterprise, Dongguan Lucky Fly Conductor Co., Ltd.
8. Approved the proposal for the amendment of certain provisions of the Company's "Articles of Association".
9. Approved the proposal for setting the date, location, method, agenda, shareholders' proposal rights, and related matters for the Company's Regular Shareholders' Meeting for 2025.
11th Term, 16th Meeting	May 11, 2025	1. Approved the Company's consolidated financial statements for the first quarter of 2025.
2. Approved the Company's consolidated financial statements for the first

Shareholders' Meeting/Board of Directors	Date	Important Resolutions
		quarter of 2025, which have been reviewed by Ernst & Young Global Limited
3. Approved the proposal to provide endorsement and guarantee for the Company's invested enterprise, Dongguan Lucky Fly Conductor Co., Ltd.
12th Term, 16th Meeting	August 11, 2025	1. Approved the Company's consolidated financial statements for the second quarter of 2025.
2. Approved the Company's consolidated financial statements for the second quarter of 2025, which have been reviewed by Ernst & Young Global Limited
3. Approved the proposal to provide endorsement and guarantee for the Company's invested enterprise, Dongguan Lucky Fly Conductor Co., Ltd.
4. Approved the proposal to apply for financing facility from Changhua Commercial Bank.
13th Term, 16th Meeting	November 12, 2025	1. Approved the Company's consolidated financial statements for the third quarter of 2025.
2. Approved the Company's consolidated financial statements for the third quarter of 2025, which have been reviewed by Ernst & Young Global Limited
3. The proposal for the evaluation of the independence and suitability of the CPAs certifying the Company's financial reports was passed.
4. Approved the proposal for the remuneration of Ernst & Young Global Limited
5. Approved Ernst & Young Global Limited and its affiliated enterprises to provide non-assurance services.
6. Approved the Company's proposal to apply for a working capital financing facility from CTBC Bank.
7. Approved the Company's proposal to provide an endorsement guarantee for Dongguan Lucky Fly Conductor Co., Ltd. (hereinafter referred to as "Dongguan Lucky Fly") in its application for financing facilities from financial institutions.
8. Approved the proposal to provide endorsement and guarantee for the Company's invested enterprise, Dongguan Lucky Fly Conductor Co., Ltd.
9. The scope of grassroots employees was passed.
10. Approved the proposed 2026 audit plan for the Company.
11. The proposal to amend the Company's "Budget Management Procedures" was passed.
12. The proposal to amend the Company's "Regulations Governing Related-Party Transactions" was passed.
13. The proposal to amend certain provisions of the Company's "Regulations Governing the Supervision and Management of Subsidiaries" was passed.
14. The proposal to amend the Company's "Internal Control System" was passed.
16th Term, 14th Meeting	January 17, 2026	1. Approved the Chairman's 2025 year-end bonus and performance bonus.
2. Approved General Manager Wang, Chien-Chen's 2025 year-end bonus and performance bonus.
3. Approved the proposal of Manager Chen, Yi-Hung, Head of Accounting's year-end bonus and performance bonus for 2025.
4. Approved the proposal of Manager Lin, Tzu-Hsin, Head of Finance's year-end bonus and performance bonus for 2025.
5. Approved the 2026 operating budget for Space Shuttle Group.
6. The scope of grassroots employees and the amendment of the 'Internal Control System' were passed.
16th Term, 15th Meeting	March 12, 2026	1. Approved the completion of the Company's 2025 annual business report and financial statements.
2. Approved the proposal for the auditing and certification of the Company's financial statements for 2025 by Ernst & Young Global Limited
3. Approved the proposal for 2025 Deficit Appropriation.
4. Approved the evaluation of the effectiveness of the internal control system and the Statement of Internal Control.
5. Approved the proposal for the Company to apply for a financing facility

Shareholders' Meeting/Board of Directors	Date	Important Resolutions
		from Taiwan SME Bank. 6. Approved the proposal for a loan of three million six hundred thousand US dollars to the invested enterprise, Dongguan Lucky Fly Conductor Co., Ltd. 7. Director of Lightel Technologies Inc. 8. Election of the 17th-term Directors and Independent Directors of the Company. 9. The proposal regarding matters related to the Company's acceptance of shareholder nominations of director (including independent director) candidates for the 2026 General Shareholders' Meeting was passed. 10. Approved the proposal for setting the date, location, method, agenda, shareholders' proposal rights, and related matters for the Company's Regular Shareholders' Meeting for 2026.

Directors or Supervisors who had dissenting opinions on important resolutions passed by the Board of Directors in the most recent year and up to the printing date of the annual report and have records or written statements of such dissenting opinions, and the main content thereof: None.

(IV) Certified Public Accountant Fee Information
Unit: NT$ Thousand

Accounting Firm Name	Name of Accountant	CPA Audit Period	Audit Fee	Non-audit Fee (Note 1)	Total	Remarks
Ernst & Young Global Limited	Wang, Hsuan-Hsuan	2025/01/01-2025/12/31	2,700	200	2,900
	Chen, Chih-Chung

Note 1: Non-audit fee service item: Tax compliance services of NT$200 thousand.

Where the non-audit fees paid to the attesting CPA, the accounting firm of the attesting CPA, and its affiliated enterprises account for more than one quarter of the audit fees: None.
If the company changes its accounting firm and the audit fees paid for the year of change are less than those paid for the fiscal year immediately preceding the change: None.
If the audit fees paid for the current year are more than $10\%$ less than those paid for the previous fiscal year, the company shall disclose the amount, percentage, and reason for the reduction in audit fees: None.

(V) Information on Changing Accountants:

About the Former Accountants

Change Date	The Board of Directors approved on November 12, 2024, with the change effective from the fourth quarter of 2024.
Reason and Explanation for the Change	To meet the future business development and operational management needs of the Company, the Company will no longer continue the appointment.
Explanation of whether the client or the accountant terminated or did not accept the appointment	Parties Involved Situation		CPA	Client
	Voluntarily Terminated the Appointment
	No Longer Accepting (Continuing) the Appointment
Reasons and Opinions for Issuing Audit Reports Other Than Unqualified Opinions in the Past Two Years	None.
Whether There Are Disagreements with the Issuer	Yes		Accounting Principles or Practices
			Financial Report Disclosures
			Audit Scope or Procedures
			Others
	None	*
	Description
Other Disclosure Matters (Items 4 to 7 of Article 10, Paragraph 6, Subparagraph 1 of These Standards That Should Be Disclosed)	Not applicable.

Regarding the Successor Accountant

Name of Accounting Firm	Ernst & Young Global Limited
Name of Accountant	Wang, Hsuan-Hsuan; Chen, Chih-Chung
Date of Appointment	November 12, 2024
Matters and Results of Consultation Regarding Accounting Treatment Methods or Principles for Specific Transactions and Possible Opinions to be Issued on Financial Reports Prior to Appointment	None.
Written Opinion of the Succeeding Accountant on Matters of Disagreement with the Predecessor Accountant	None.

Response Letter from the Predecessor Accountant Regarding Subparagraphs 1 and 2 of Paragraph 6 of Article 10 of These Regulations: None.

(VI) The Company's Chairman, General Manager, or Manager responsible for financial or accounting affairs who have, within the past year, been employed by the certifying accountant's firm or its affiliated enterprises shall disclose their names, titles, and the period of employment at the certifying accountant's firm or its affiliated enterprises: None.

(VII) Changes in shareholding and pledge of shares by directors, managers, and shareholders with more than 10% shareholding in the most recent year and up to the date of publication of the annual report. Where the counterparty of the share transfer or pledge is a related party, the name of the counterparty, the relationship with the company, directors, or shareholders with more than 10% shareholding, and the number of shares acquired or pledged shall be disclosed:

Changes in Shareholding of Directors, Managers, and Major Shareholders

Please refer to the Market Observation Post System (URL: https://mops.twse.com.tw → Single Company → Equity Changes / Securities Issuance → Shareholdings / Pledges / Transfers of Directors, Supervisors and Major Shareholders → Details of Shareholdings of Directors and Supervisors → Shareholdings of Directors and Supervisors) and enter the company code (2440) to query.

https://mopsplus.twse.com.tw/mops/#/web/stapap1

Share Transfer Information: The counterparty is not a related party, no disclosure required.
Share Pledge Information: None.

(VIII)Information on relationships between the top ten shareholders, including related parties, spouses, or relatives within the second degree of kinship:

April 28, 2026; Unit: Shares

NAME (NOTE 1)	SHARES HELD BY THE INDIVIDUAL		SHARES HELD BY SPOUSE AND MINOR CHILDREN		SHARES HELD IN THE NAME OF OTHERS		NAMES AND RELATIONSHIPS OF THE TOP TEN SHAREHOLDERS WHO ARE RELATED PARTIES, SPOUSES, OR RELATIVES WITHIN THE SECOND DEGREE OF KINSHIP. (NOTE 3)		REMARKS
	Number of Shares	Shareholding Ratio	Number of Shares	Shareholding Ratio	Number of Shares	Shareholding Ratio	Name (or Title)	Relationship
Wang, Kun-Tien	32,570,685	22.41%	11,100,801	7.98%	0	0.00%	Lo, Chiu-Hsian Wang Hsiao-Han	Spouses father and daughter relationship	None
Lo, Chiu-Hsian	11,100,801	7.98%	32,570,685	22.41%	0	0.00%	Wang, Kun-Tien Wang Hsiao-Han	Spouses mother and daughter relationship	None
Wang, Hsuan-Hui	6,896,000	4.96%	0	0.00%	0	0.00%	None	None	None
Unixtar Technology, Inc.	5,855,541	4.21%	0	0.00%	0	0.00%	Chiu Chiu-Lin	Legal Representative	None
Chiu Chiu-Lin	1,048,461	0.75%	0	0.00%	0	0.00%	Unixtar Technology, Inc.	Legal Representative	None
Shao Chiu-Chieh	5,585,000	4.01%	0	0.00%	0	0.00%	None	None	None
Hong Shuay Industrial Co., Ltd.	5,217,000	3.75%	0	0.00%	0	0.00%	Wang Hsiao-Han	Juridical person Representative	None
Wang, Hsiao-Han	3,730,000	2.68%	0	0.00%	0	0.00%	Wang, Kun-Tien Lo, Chiu-Hsian Hong Shuay Industrial Co., Ltd.	Parents Parents Legal Representative	None
First Venture Capital Co.,Ltd.	3,094,709	2.22%	0	0.00%	0	0.00%	Li Chien-Chung	Juridical person Representative	None
Li Chien-Chung	0	0.00%	0	0.00%	0	0.00%	First Venture Capital Co.,Ltd.	Legal Representative	None
Ho Yu-Cheng	2,663,785	1.91%	0	0.00%	0	0.00%	None	None	None
Lin Hsin-Yu	2,628,876	1.89%	0	0.00%	0	0.00%	None	None	None

Note 1: The top ten shareholders should all be listed. For corporate shareholders, the name of the corporate shareholder and the name of its representative should be listed separately.
Note 2: The calculation of shareholding ratio refers to the calculation of shareholding ratio under one's own name, spouse's name, minor children's name, or using the name of others.
Note 3: For the aforementioned shareholders, including legal entities and natural persons, their relationships with each other should be disclosed in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers.

(IX) The number of shares held by the Company, its directors, managers, and businesses directly or indirectly controlled by the Company in the same invested enterprise, and combined to calculate the comprehensive shareholding ratio

Comprehensive Shareholding Ratio
Unit: Thousand shares; %

Invested Enterprise	The Company's Investment		Investment by Directors, Supervisors, Managers, and Directly or Indirectly Controlled Businesses		Comprehensive Investment
	Number of Shares	Shareholding Ratio	Number of Shares	Shareholding Ratio	Number of Shares	Shareholding Ratio
SPACE SHUTTLE HI-TECH CO.,LTD.	8,000	100.00%	—	—	8,000	100.00%
Space Shuttle (HK) Hi-Fi Wire & Cable Industry Co., Limited	130,221	100.00%	—	—	130,221	100.00%
Dongguan Lucky Fly Conductor Co., Ltd.	—	—	—	100.00%	—	100.00%
Dong Guan Hou Jie Xi Tou Space Shuttle Hi-Fi Wire & Cable Co., Ltd.	—	—	—	100.00%	—	100.00%
SPACE SHUTTLE HI-TECH CO.,LTD. (Seychelles)	—	—	—	19.00% (Note 1)	—	19.00%
Dongguan City Man Zhuo Industry Co., LTD.	—	—	—	17.53% (Note 2)	—	17.53%

Note 1: In November 2015, the consolidated company sold 81% of the equity of its holding company SPACE SHUTTLE HI-TECH CO., LTD. (Seychelles), reducing the shareholding ratio from 100% to 19%. The disposal price of US$552 thousand (equivalent to NT$18,004 thousand) was fully recovered in 2015. Due to the loss of influence over the company, it is now measured at cost.
Note 2: In December 2013, the consolidated company sold 20% of its equity, reducing the shareholding ratio from 50% to 30%; in March 2016, due to not participating in a cash capital increase of US$2,460 thousand, the shareholding ratio was reduced from 30% to 19.15%; in 2021, due to not participating in a capital increase of US$628 thousand, the shareholding ratio was reduced from 19.15% to 17.53%.

III. Fundraising Status

(I) Capital and Shares

Source of Capital

March 31, 2026

Month/Year	Issue Price (NT$)	Authorized Capital		Paid-in Capital		Remarks
		Number of Shares (in thousands)	Amount (in thousands)	Number of Shares (in thousands)	Amount (in thousands)	Source of Capital	Capital Offset by Assets Other Than Cash	Others
1985.10	10	200	2,000	200	2,000	Initial Capital	None	—
1988.04	10	1,000	10,000	1,000	10,000	Cash capital increase of NT$8,000,000	None	—
1989.04	10	4,000	40,000	4,000	40,000	Cash capital increase of NT$30,000,000	None	—
1994.07	10	9,500	95,000	9,500	95,000	Cash capital increase of NT$55,000,000	None	—
1995.07	10	19,500	195,000	19,500	195,000	Cash capital increase of NT$100,000,000	None	—
1996.07	10	39,500	395,000	39,500	395,000	Cash capital increase of NT$200,000,000	None	—
1997.07	10	90,000	900,000	58,000	580,000	Cash capital increase of NT$185,000,000	None	—
1998.07	10	90,000	900,000	80,000	800,000	Earnings converted to capital increase of NT$72,500,000 Capital surplus converted to capital increase of NT$43,500,000 Cash capital increase of NT$104,000,000	None	1998.01.10 Approval from Letter No. 58924 of the Securities and Exchange Commission, Ministry of Finance
1999.07	10	125,000	1,250,000	92,500	925,000	Earnings converted to capital increase of NT$120,000,000 Employee bonuses converted to capital increase of NT$5,000,000	None	1999.06.22 Letter No. 57169 of the Securities and Exchange Commission, Ministry of Finance
2000.07	10	150,000	1,500,000	107,000	1,072,000	Earnings converted to capital increase of NT$138,750,000 Employee bonuses converted to capital increase of NT$8,250,000	None	2000.06.27 Letter No. 55191 of the Securities and Exchange Commission, Ministry of Finance
2001.09	10	250,000	2,500,000	150,000	1,500,000	Earnings converted to capital increase of NT$160,800,000 Employee bonuses converted to capital increase of NT$8,000,000 Cash capital increase of NT$259,200,000	None	2001.06.08 Letter No. 133886 of the Securities and Exchange Commission, Ministry of Finance
2002.09	10	250,000	2,500,000	157,758	1,577,580	Earnings converted to capital increase of NT$75,000,000 Employee bonuses converted to capital increase of NT$2,580,000	None	2002.07.05 Letter No. 0910136867 of the Securities and Exchange Commission, Ministry of Finance
2003.08	10	250,000	2,500,000	196,807	1,968,072	Earnings converted to capital increase of NT$80,561,540 Conversion of convertible corporate bonds into 30,993 thousand shares	None	2003.07.01 Letter No. 0920129115 of the Securities and Exchange Commission, Ministry of Finance
2004.03	10	250,000	2,500,000	231,405	2,314,050	Conversion of convertible corporate bonds into 34,598 thousand shares	None	—

Month/Year	Issue Price (NT$)	Authorized Capital		Paid-in Capital		Remarks
		Number of Shares (in thousands)	Amount (in thousands)	Number of Shares (in thousands)	Amount (in thousands)	Source of Capital	Capital Offset by Assets Other Than Cash	Others
2004.08	10	350,000	3,500,000	232,024	2,320,240	Authorized capital increase of 100,000 thousand shares Conversion of convertible corporate bonds into 619 thousand shares	None	-
2005.11	10	350,000	3,500,000	234,704	2,347,044	Conversion of convertible corporate bonds into 2,680,842 shares	None	2005.11.10 Letter No. 09401217970 of the Ministry of Economic Affairs
2005.11	10	350,000	3,500,000	334,704	3,347,044	Private placement cash capital increase of NT$1,000,000,000	None	2005.11.15 Letter No. 09401218990 of the Ministry of Economic Affairs
2006.01	10	420,000	4,200,000	363,795	3,637,953	Private placement cash capital increase of NT$290,909,090	None	2006.01.26 Letter No. 09501004720 of the Ministry of Economic Affairs
2006.04	10	420,000	4,200,000	328,840	3,288,403	Private placement cash capital increase of NT$350,000,000 Capital reduction of NT$699,549,800	None	2006.04.11 Letter No. 09501064410 of the Ministry of Economic Affairs
2006.09	10	420,000	4,200,000	216,929	2,169,293	Capital reduction of NT$1,119,109,540	None	2006.09.08 Letter No. 09501203150 of the Ministry of Economic Affairs
2006.12	10	420,000	4,200,000	244,929	2,449,293	Private placement cash capital increase of NT$280,000,000	None	2006.12.12 Letter No. 09501276330 of the Ministry of Economic Affairs
2007.09	10	420,000	4,200,000	167,877	1,678,771	Capital reduction of NT$770,522,830	None	2007.09.04 Letter No. 09601214300 of the Ministry of Economic Affairs
2008.07	10	420,000	4,200,000	173,307	1,733,074	Earnings conversion to capital increase of NT$54,303,130	None	2008.07.21 Letter No. 09701175490 of the Ministry of Economic Affairs
2008.08	10	420,000	4,200,000	193,307	1,933,074	Cash capital increase of NT$200,000,000	None	2008.08.07 Letter No. 09701197960 of the Ministry of Economic Affairs
2009.01	10	420,000	4,200,000	184,468	1,844,684	Cancellation of treasury shares resulting in capital reduction of NT$88,390,000	None	2009.01.19 Letter No. 09701331570 of the Ministry of Economic Affairs
2009.08	10	420,000	4,200,000	139,117	1,391,173	Capital reduction of NT$453,511,380	None	2009.08.05 Letter No. 09801174990 of the Ministry of Economic Affairs

Types of Shares
March 31, 2026; Unit: Shares

Types of Shares	Authorized Capital					Remarks
	Outstanding Shares (Note)			Unissued Shares	Total
Registered Common Shares	Listed	Unlisted (Note 1)	Subtotal
	103,664,333	35,452,938	139,117,271	280,882,729	420,000,000	Listed

Note 1: Refers to privately placed common shares.

List of Major Shareholders: (Names, Number of Shares Held, and Ownership Percentage of Shareholders with Ownership of 5% or More, or the Top 10 Shareholders)

Shares Major Shareholder Name	Shares Held	Shareholding Ratio
Wang, Kun-Tien	32,570,685	23.41%
Lo, Chiu-Hsian	11,100,801	7.98%
Wang, Hsuan-Hui	6,896,000	4.96%
Unixtar Technology, Inc.	5,855,541	4.21%
Shao Chiu-Chieh	5,585,000	4.01%
Hong Shuay Industrial Co., Ltd.	5,217,000	3.75%
Wang, Hsiao-Han	3,730,000	2.68%
First Venture Capital Co., Ltd.	3,094,709	2.22%
Ho Yu-Cheng	2,663,785	1.91%
Lin Hsin-Yu	2,628,876	1.89%

Dividend Policy and Implementation Status (The Proposed Dividend Distribution for the Current Period Should Be Disclosed)

(1) Dividend Policy as Stipulated in the Articles of Association:

A. The Company should allocate its annual profit before tax (profit before distributing employee compensation and director remuneration) after retaining an amount to cover any losses after retaining an amount to cover any accumulated losses, if there is still a surplus, the following shall be allocated:

a. 5% (inclusive) to 10% (inclusive) as employee compensation, of which 30% of this employee compensation amount shall be distributed to entry-level employees.

b. No more than 5% (inclusive) as directors' remuneration.

The ratio of employees' remuneration and directors' remuneration shall be first reviewed by the Compensation Committee before being submitted to the Board of Directors for resolution.

The remuneration of the employees in the preceding two paragraphs shall be in the form of stock or cash, and shall be subject to a resolution approved by more than two-thirds of the Directors present and by more than half of the Directors present, and shall be reported to the shareholders' meeting.

The recipients of employees' remuneration in the form of stock or cash include employees of controlling or subordinate companies who meet certain conditions, and these conditions shall be determined by the Board of Directors.

B. If the Company has profits in its annual final accounts, it shall first pay taxes, offset accumulated losses from previous years, and then set aside 10% as legal reserve. Special reserves shall be allocated or reversed in accordance with laws or regulations of the competent authority. If there is still a surplus, the

remaining balance, plus the unappropriated retained earnings from previous years, shall be proposed by the Board of Directors for distribution and submitted to the Shareholders' Meeting for resolution.

The distribution ratio of the Company's cash dividends and stock dividends will be adjusted based on future capital requirements and profitability to ensure sustainable and steady business development. Profit distribution may be made in the form of cash dividends or stock dividends; however, if distributed as stock dividends, the proportion should not exceed fifty percent (50%) of the total dividends.

(2) The Proposed Dividend Distribution for This Shareholders' Meeting:

The Company has no distributable earnings for 2025, and its accumulated losses will be carried forward to be covered in future years.

The Impact of the Proposed Stock Dividends Without Compensation on the Company's Business Performance and Earnings Per Share: Not applicable.
Employee, Director, and Supervisor Compensation

(1) The percentage or range of employee, director, and supervisor compensation as stated in the Articles of Association.

The allocation is based on the percentages stipulated in Articles 21 and 22 of the Company's Articles of Association. Please refer to the explanation in section (7).

(2) The basis for estimating the employee, director, and supervisor compensation amounts for the current period, the calculation basis for the number of shares for employee compensation distributed in stock, and the accounting treatment if there is a difference between the actual distribution amount and the estimated amount:

A. The Company did not distribute employee compensation in stock for 2025
B. If the Company distributes employee compensation in shares, the calculation basis for the number of shares, and if there is a difference between the actual distribution amount and the estimated amount: The calculation basis for the number of shares for employee compensation distributed in stock is based on the closing price on the day before the Board of Directors' resolution to issue new shares, taking into consideration the effect of ex-rights and ex-dividend. If there is subsequently a difference between the estimated amount and the actual distribution amount, it will be treated as a change in accounting estimate and adjusted in the books in the year of distribution.

(3) The distribution of compensation approved by the Board of Directors:

A. The amount of employee compensation and director compensation distributed in cash or shares. If there is a difference from the estimated amount recognized

as an expense for the year, the difference, reason, and handling situation should be disclosed: There is no distribution for this year, so this is not applicable.

B. The Company's Board of Directors resolved on March 12, 2026 that there is no distributable surplus.

C. The amount of employee compensation distributed in shares and its proportion to the sum of the after-tax net profit and total employee bonuses in the current individual or separate financial reports: Not applicable.

(4) The actual distribution of employee bonuses, director and supervisor compensation in the previous year (including the number of shares distributed, amount, and share price), and if there is a difference from the recognized employee, director, and supervisor compensation, the difference, reason, and handling situation should be described: None.

Status of the Company's repurchase of its own shares: None.

(II) Status of corporate bonds: None.

(III) Status of preferred shares: None.

(IV) Status of overseas depository receipts: None.

(V) Status of employee stock options: None.

(VI) Status of restricted employee shares: None.

(VII) Status of new shares issued due to mergers, acquisitions, or transfers of shares from other companies: None.

(VIII) Status of implementation of capital allocation plans: None.

IV. Business Overview

(I) Business Content

Business Scope

(1) Main content of business operations:

A. Electronic Components Manufacturing Industry
B. Data Storage and Processing Equipment Manufacturing Industry
C. Wired Communication Mechanical Equipment Manufacturing Industry
D. Wire and Cable Manufacturing Industry
E. Machinery Equipment Manufacturing Industry
F. Office Machinery Manufacturing Industry
G. Secondary Copper Processing Industry
H. Electrical Appliance Wholesale Industry
I. Precision Instrument Wholesale Industry
J. Information Software Wholesale Industry
K. Electronic Materials Wholesale Industry
L. Electrical Appliance Retail Industry
M. Precision Instrument Retail Industry
N. Information Software Retail Industry
O. Electronic Materials Retail Industry
P. Manufacturing Export Industry
Q. Information Software Service Industry
R. Electronic Information Supply Service Industry
S. Except for licensed businesses, businesses that are not prohibited or restricted by law may be operated

(2) Main products and business proportion:

The Company's main product revenue and business proportion for the year 2025 are as follows: Unit: NT$ Thousand

	Revenue Amount	Business Proportion
Transmission Cable	277,496	7.95%
Assembly Product	0	0.00%
Copper Wires	3,211,970	92.05%
Total	3,489,466	100.00%

(3) The Company's current products (services) items:

The Company has cultivated the field of communications transmission cables for many years. By virtue of its exquisite refined-copper conductor processing technology, it has established a quality competitive advantage superior to market standards. In operations, the Company adopts a dual-track strategy of "steady foundation, precise transformation," with products and services covering the following:

A. Core refined-copper conductor products

Using mature and stable process technology, the Company produces refined-copper wire with high conductivity and low-loss characteristics. The Company's product quality is highly recognized by the market. In addition to supporting internal cable assembly needs, it is also a key material supplier to many high-end electronic component manufacturers, serving as the Company's most solid operating foundation.

B. Niche-type specialty cable components

Cross-disciplinary industrial application cables, with the Company's proprietary high-quality conductor technology as the core, avoid the highly competitive red-ocean market and focus on developing specialty cable products applied in high-threshold industries, covering fields such as automotive electronics, medical equipment, aerospace, marine industry, and underwater detection equipment. The products feature high stability and excellent environmental tolerance.

C. AI and high-frequency, high-speed transmission cables

Next-generation information and communications transmission solutions. In response to the development of the AI industry and the upgrade needs of terminal devices, the Company co-develops with customers transmission cables dedicated to AI phones and AI PCs, and provides high-frequency shielded cables compliant with the PCIe high-speed transmission specifications. By continuously raising the product technology threshold, the Company strengthens its competitive advantage in the high-speed transmission application market.

D. Drag chain cables for automated equipment and customized solutions

Highly flexible and durable industrial dynamic transmission applications. The Company actively develops drag-chain-dedicated cable products to support customers' applications in computer numerical control (CNC) equipment and various automated production systems. The product design emphasizes characteristics such as high bending resistance, fatigue resistance, and

long-term stable operation, to meet the stringent requirements of equipment in high-speed reciprocating motion environments. At the same time, the Company has a high degree of customization capability, providing self-manufacturing, customer-supplied material integration, and overall cable application solutions according to customer needs, helping customers optimize system design and enhance equipment operating efficiency, and expanding diverse industrial application fields.

(4) Production and Planned Development of New Products and Services

The Company takes "high-purity refined-copper conductor processing" as its technical core, continuously deepening the vertical integration of wire and cable. Facing changes in the 3C market and price competition within the industry, the R&D strategy will fully shift from traditional communications cables toward application fields with high conductivity, low loss, and high flexibility as core values.

A. Next-generation high-frequency, high-speed transmission cables (supporting high-frequency stability with precision conductors)

In response to the ultimate requirements for signal attenuation imposed by AI computing and 8K audio-video streaming, the Company has introduced high-frequency precision production and inspection equipment, with key R&D items as follows:

High-frequency cable development: Utilizing the low-resistance characteristics of refined-copper conductors, the Company develops high-frequency cables with a high signal-to-noise ratio for SFP 20G, 100G, and even 200G, and simultaneously extends the technology to high-reliability products such as precision industrial control and marine electronics cables.
Next-generation standard certification: Targeting international mainstream standards such as USB 4.0, DisplayPort 2.1, and HDMI 2.1. By optimizing the conductor stranding process and precision cable arrangement technology, the high integrity of signals is ensured even under ultra-high-speed transmission.
High-frequency shielding and network communications: For the communication needs of VDSL (30MHz) and 5G infrastructure, high-frequency cables with excellent shielding performance and low return loss characteristics are developed to meet the stringent specifications of next-generation network communications.

B. Smart manufacturing and AI robotics dynamic applications (fatigue resistance

of refined-copper conductors)

For AI smart production environments, the physical advantages of refined-copper conductors under high-frequency motion are leveraged:

Highly flexible robotic arm cables: Developing refined-copper composite cables with extremely high bending resistance, torsion resistance, and high conductivity to support the long-term, high-frequency dynamic operation needs of AI robots.
Industrial drag chain and CNC equipment cables: Optimizing the conductor structure design, strengthening fatigue-resistance characteristics, and providing the most stable power and signal transmission for automated production lines.

C. Specialty environment and green energy applications (diverse evolution of conductor materials)

Utilizing refined-copper processing technology to extend the development of specialty-material cables and avoid the red-ocean market:

Specialty-material composite applications: Including Teflon high-temperature cables, corrosion-resistant marine electronics cables, and halogen-free and low-smoke zero-halogen (LSZH) environmentally friendly cables in response to the trend of environmental sustainability.
Niche-type terminals: Developing micro refined-copper conductor cables applied in VR (virtual reality), wearable devices, and medical equipment, meeting the needs for light weight and high sensitivity.

D. Transformation strategy: from a material base toward systematic solutions

The Company has launched a transformation plan and has now demonstrated concrete results:

Vertical technology integration: By virtue of its proprietary refined-copper conductor technology advantages, developing highly competitive automotive electronic connecting cables, GPS navigation cables, and gaming machine cables.
Collaborative development model: Transforming from a single cable supplier into an overall application solution provider. Cooperating with customers to transform TV/NV and game console cables toward high-speed, high-frequency, introducing high-frequency dedicated equipment, and actively participating in the early-stage development of customers' next-generation products.
Industry Overview

(1) Current Status and Development of the Industry

The Company initially focused on signal transmission cables and cable assemblies for computers, communications, and consumer electronics products as its core business. As the industry has evolved, the Company has actively promoted a vertical integration strategy, extending upstream to the refined-copper processing field, thereby ensuring the quality stability and supply resilience of key raw materials. Connecting cables, serving as the bridge for interconnection within and between electronic devices, have become indispensable key components in the electronics industry.

Computer connecting cable field: Covering desktop PC and notebook series, including display signal cables, RF high-frequency coaxial cables, high-temperature electronic cables, various external peripherals (keyboard, mouse, network, monitor) connecting cables, as well as home theater and cloud server connecting cables.
Communications and consumer electronics: Including hands-free earphone cable assemblies, charger cable assemblies, automotive linkage cable assemblies, home video game console and digital home theater connecting cables, etc.

As electronic devices develop toward being "light and thin," connecting cables must not only possess high-speed transmission capability but also, through high-frequency stable structural design and refined-copper conductor processing technology, meet the dual demands of next-generation devices for physical space constraints and high execution performance.

As the USB 4.0 transmission standard and the Type-C interface become the market mainstream and obtain support and introduction from major terminal brand manufacturers, USB 4.0 Type-C will become a key market technology. The Company has actively positioned itself in this industry chain, regarding it as an important driving force for promoting operational growth.

Facing the challenges that the maturation of wireless transmission technology poses to the traditional 3C field, data transmission needs have further extended to emerging fields such as the Internet of Things (IoT), the Internet of Vehicles, wearable devices, and automated warehouse robot wiring harnesses. Since wired transmission possesses cost advantages, high signal stability, and the irreplaceability of high-speed transmission, it is anticipated that the market will continue to maintain rigid demand for high-quality signal transmission cable assemblies in the future.

(2) Industry Upstream, Midstream, and Downstream Relationships

The information technology industry is a capital-intensive industry that requires a higher level of precision and leading technological standards compared to other industries. Therefore, the degree of division of labor and specialization in this industry is unparalleled across all sectors. Taiwan's information industry has a very complete upstream, midstream, and downstream division system. The Company is a professional manufacturer of cables and connection lines, positioned in the midstream of the domestic electronics industry, and the related industries it influences are quite extensive. The correlation of related industries is as follows:

Upstream Industry	Midstream Industry	Downstream Industry
Metal, Electroplating, Plastic Materials	Connector Design, Assembly, and Manufacturing	Various Electronic Products

(3) Various Development Trends and Competitive Situations of Products

A. Various Development Trends of Products

a. Build-to-Order production: Although information and communications transmission cables possess international electrical standards, the core processes such as stranding, winding, gathering, and braiding often vary in response to customers' special needs. By virtue of the flexibility of its refined-copper conductor processing technology, the Company provides tailor-made production services for various transmission specifications, responding with a customization orientation to the market characteristic that production cannot be standardized — this being the inevitable future direction of the industry.
b. Development of automotive wiring: Benefiting from the rapid growth of the global automotive industry, the demand for wiring harness processing has been driven. With the increase in automotive electrification, the evolution of hybrid and electric vehicle technology, and the future addition of autonomous driving technology, the industry outlook is optimistic. The Company actively invests in automotive wiring R&D, capturing the high-growth automotive application market.
c. Establishing a dedicated high-frequency workshop: The Company has specially set up a high-frequency dedicated production line, focusing on next-generation high-frequency transmission standards such as USB 3.1 and USB 4.0, and simultaneously investing in the research and development of high-end medical products to ensure technological leadership under stringent specifications.
d. Accelerating diversified product positioning: In response to market

competition, the Company is actively optimizing its product structure and accelerating expansion into new fields. The output proportion of high-value-added products such as automotive electronic wiring harnesses and industrial drag-chain-dedicated cables is strategically increased to ensure competitive advantage across diverse fields.

B. Product Competition Situation

Facing the shortened life cycle of electronic products and intense price competition within the industry, product profit pressure is increasing day by day. In the intensely competitive environment, in addition to implementing cost control and strictly adhering to quality standards, the Company adopts the following core competitive strategies:

Core technology and material control: Actively adjusting operating strategies, deepening the core technology of cable development, and strengthening control over refined-copper conductor materials to ensure that products possess excellent electrical performance and stability.
Total Solution: Providing customers with complete solutions from R&D to production, accurately grasping market trends and product know-how, thereby maintaining high-quality and high-efficiency output of information and communications transmission cables and cable assemblies.

3. Technology and Research & Development Overview

(1) Most recent annual research and development expenses invested up to the printing date of the annual report: Unit: NT$ Thousand

Item	2025	January to March 2026
R&D expenses	6,905	1,625

(2) Recently developed successful technologies or products up to the printing date of the annual report:

Research and Development Results Summary	Research and Development Results Applications
USB 3.1 long-length	The Company has cooperated with customers to develop 2-meter-long USB 3.1 coaxial cables, currently in the sampling stage.
HDMI 2.2(CAT-4)	The upgraded version of HDMI2.1, with a transmission rate of 96Gbps, supporting resolution up to 12K 120Hz. Successfully developed in cooperation with customers. This specification is subsequently undergoing verification by multiple customers.
USB4 GEN3 GEN4	USB4 GEN4 was successfully developed in-house in 2022. These two products have strict high-frequency requirements, and we offer two types of signal cables: coaxial and twisted

| | pair.
The coaxial version has more mature technology and higher yield rates; the twisted-pair version has also begun mass production. |
| --- | --- |
| Drag chain cable | Currently undergoing sampling in cooperation with customers. |
| Active Optical Cable (AOC) | Developing this product in cooperation with customers. |
| Ultra-thin coaxial medical cable | The Company has cooperated with customers to produce a 38AWG medical cable, with the specification (7/0.04 tin-plated alloy copper 1C+S+PFA)6+7/0.05TA*4C+A+ETFE+B, currently in mass production. |

Long and Short-term Business Development Plans

The Company adopts a dual-track development strategy of "steady foundation, precise transformation." With high-purity refined-copper conductor processing technology as its core competitiveness, on the one hand it secures the stranded copper wire market that accounts for over 90% of its revenue, and on the other hand actively extends into the high-value-added specialty cable field to avoid the low-margin competition of the traditional 3C industry.

(1) Short-term Business Development Plans:

A. Deepening high-frequency technology and capacity deployment:

Expanding the production scale of DisplayPort 2.1 and USB 3.1, and conducting process improvements and technological deepening for USB 4.0.
Utilizing the low-resistance characteristics of refined-copper conductors to develop high-frequency cables with high signal-to-noise ratios for SFP 20G, 100G, and even 200G, targeting the AI server and high-speed computing markets.

B. Optimizing market positioning and supply chain collaboration:

Strengthening strategic cooperation with well-known major manufacturers in the industry chain to indirectly obtain cable orders from globally leading brands and enhance product penetration.
For the HDMI 2.1 and USB 4.0 series products, formulating clear OEM/ODM and channel market competition strategies.

C. Cross-disciplinary application certification and development:

Leveraging the advantage of IATF 16949 certification to fully strive for automotive electronic wiring harness cooperation projects.
Accelerating the renovation of dedicated medical workshops and actively introducing ISO 13485 medical certification, with the goal of enhancing the revenue proportion of medical cables.

D. Forward-looking specification positioning:
- Investing in the development of high-frequency, high-speed cables for servers of PCIe 5.0, 6.0, and above, expanding the sales scope and enhancing profit margins.

(2) Long-term Business Development Plan:
A. Expanding the specialty environment niche market:
- Targeting special application fields such as marine electronics, high-temperature cables, and underwater equipment, utilizing refined-copper processing technology to develop composite cables with high stability and excellent environmental tolerance.
- Developing micro refined-copper conductor cables applied in VR (virtual reality) and wearable devices, meeting the physical requirements for light weight and high sensitivity.
B. Deepening AI robotics dynamic applications:
- In response to the growth trend of the robot cable market, developing refined-copper composite cables with extremely high bending resistance and torsion resistance.
- For industrial drag chains and CNC equipment, optimizing the conductor structure to strengthen fatigue-resistance characteristics, providing the most stable power and signal transmission solutions for automated production lines.
C. Transforming into a systematic solution provider:
- Transforming from a single wire/cable supplier into a Total Solution provider, actively participating in the early-stage R&D of customers' next-generation products.
- Strengthening marketing efforts and industry strategic alliances to enhance market share in high-quality signal transmission cable assemblies globally.
D. Organizational effectiveness and talent sustainability:
- Improving functions and strengthening the cultivation of technical talent, reducing employee turnover to support diversified operating goals.
- Continuously promoting energy conservation and consumption reduction and process simplification, enhancing work proactivity and operating effectiveness, and implementing lean management.

(II) Market and Production Overview

Market Analysis

(1) Main product sales regions and market share:

The Company's current products are centered on the Asian market. By virtue of its stable supply chain and technological advantages, it has established an extremely high level of brand trust within the region. Throughout the Group's transformation process, high-quality refined-copper conductors have always held a core strategic position. By vertically integrating upstream precision wire-drawing technology, the Company not only ensures the raw material purity of its niche-type cables but also, in the information transmission and specialty equipment cable markets, uses high-quality conductors as the cornerstone of differentiated competition, successfully advancing from traditional manufacturing to a high-value-added precision component supplier.

(2) Main product market's future supply, demand, and growth potential:

As the world enters the era of AI computing, the market demand for high-speed, high-frequency transmission is showing explosive growth:

AI terminals and high-speed transmission: As the PCIe high-speed transmission specifications inside AI PCs, AI phones, and servers continue to upgrade, the requirements for conductors' electrical performance are becoming increasingly stringent. The Company's high-quality copper conductors can effectively reduce signal attenuation and meet the needs of terminal demanders.
Industrial automation and CNC equipment: For the Industry 4.0 wave, the Company's newly added drag chain product line is specially designed for highly dynamic environments. In the industrial robot and precision CNC machine tool markets, the demand for cables with high bending resistance and long-life characteristics has steadily climbed, and the market demand will also become a new growth engine for the Company.
Emerging applications driving demand: In addition to the information industry, the technical thresholds of medical equipment and special environment monitoring cables also support the long-term premium space of the niche-type market.

(3) Competitive Advantages:

In the intense market competition, the Company stands out by virtue of the following core advantages:

Quality control strength surpassing market standards: Possessing complete

laboratory testing equipment and a whole-process control system, with product consistency and reliability superior to general market suppliers, capable of meeting the stringent inspection of special markets and medical-equipment-grade applications.

High customization and integration capability: Possessing strong self-manufacturing and customer-supplied material integration capacity, capable of co-developing with customers cable structures meeting special-scenario needs. From adjusting the characteristics of the raw material copper to the coating design of the finished cable, providing one-stop, highly flexible solutions.
R&D and delivery efficiency: The continuously refining R&D team can quickly respond to changes in new communication protocols, cooperating with customers to ensure that customers can obtain market-leading technical support at the early stage of product development.

(4) Favorable and Unfavorable Factors for Development Prospects and Response Strategies

A. Favorable factors:

Driven by the AI industry wave: The global AI infrastructure and terminal replacement wave drive enormous demand for high-frequency, high-speed transmission cables.
Popularization of network infrastructure: Cloud computing and big data analytics continue to penetrate all industries, supporting the long-term growth of the communications cable market.
Industrial technology transfer effect: As core technology diffuses and is applied across multiple fields, the application scenarios of high-margin specialty cables are expanding day by day.

B. Unfavorable factors and response strategies:

Geopolitics and energy costs: Affected by the turbulent situation in the Middle East in 2026, global energy costs have risen, and the prices of key metals (copper, tin) have fluctuated drastically, increasing the uncertainty of production costs.
Response measures: Implementing a dynamic pricing mechanism and hedging strategies, and strengthening real-time monitoring of international raw material trends.
Global economic regionalization and inflationary pressure: Trade barriers and inflation may suppress some terminal consumer demand.

Response measures: Continuously adjusting the product structure, tilting resources toward niche-type products with higher bargaining power. At the same time, by optimizing production processes and reducing losses, the operating cost pressure is offset, and a long-term, stable, and flexible procurement plan is established with the supply chain.

(5) Impact of the Global Economic Environment:

The Company's operations are closely linked to global economic dynamics. Facing the complex, multidimensional environment of 2026, it is mainly driven and challenged by the following factors:

Cost fluctuations triggered by regional geopolitics: The instability of the situation in the Middle East in 2026 directly led to higher global energy prices, thereby driving up the production and logistics costs of the manufacturing industry. At the same time, the international metals market (particularly key conductor raw materials such as copper and tin) was disrupted by geopolitical factors, with increased frequency and magnitude of price fluctuations. The Company effectively mitigates the impact of the cost end through optimized procurement and dynamic inventory management, as well as the premium capability of high-quality niche products.
Counter-trend growth of AI infrastructure investment: Despite the inflationary pressure facing the global economy, enterprises' capital expenditure on AI computing power centers and automated equipment remains strong. This "AI rigid demand" offsets the weakness of the traditional consumer electronics market, driving the continued expansion of demand for the Company's high-quality refined-copper conductors and high-speed transmission cables, becoming a stabilizer for overall operations.
Economic regionalization and supply chain localization trends: As global trade protectionism rises, supply chains are shifting from "globalization" toward "regionalization." The Company's strategic deployment of deeply cultivating the core Asian market enables it to maintain flexibility amid geo-economic shifts, and to consolidate supply chain resilience through deep cooperation with large regional enterprises.
Monetary policy and exchange rate changes: The interest rate policies adopted by major economies to address inflation have led to intensified volatility in the exchange rate market. The Company continues to monitor exchange rate trends and adopts robust financial hedging tools and natural hedging strategies to ensure the stability of cross-border trade settlements and reduce the interference of the external financial environment on corporate profits.

2. Main Products' Important Uses and Manufacturing Processes

(1) Important Uses:

Product Categories	Product Main Uses
Lan cable	Used for Digital signal transmission between computers or between computers and central processing units.
HDMI1.4 & 2.0	Used in high-frequency transmission interfaces for digital TVs, DVD players, set-top boxes, and other digital audio-visual products.
HDMI 2.1	An upgraded version of HDMI2.0, used for displays with 4K resolution or higher
HDMI 2.2	An upgraded version of HDMI2.1, used for 8K, 12K displays
UL Multi-core Wire Types	General electronic and electrical equipment, internal wiring.
USB 2.0 cable types	Cable material that connects computers to various peripheral systems, simplified into common wire material.
USB 3.0 cable types	Transmission of large-volume video, data storage, images, etc.
USB 3.1 & USB4.0 & TYPE-C CABLE types	Upgraded version of 3.0, transmission of large-volume video, data storage, images, etc.
VR coaxial cable	VR video transmission cable.
Thunderbolt3 & 4 & 5	Transmission of large-volume video, data storage, images, etc.
DP1.2 & 1.4	DisplayPort, through the definition of electronic protocol specifications, can be easily applied to panel timing controllers, graphics processors, media processors, and display controllers, etc.
DP2.0	An upgraded version of DisplayPort 1.4, with higher bandwidth and feature requirements
DP2.1	An upgraded version of DisplayPort 2.0, with higher bandwidth and feature requirements
Ultra-thin coaxial medical cable	42AWG ultra-thin coaxial medical cable
SFP & QSFP(400G)	Used for servers.
Mini SAS	Used for servers, base stations, etc.
PCIE5.0 & 6.0	Used for high-performance computers and solid-state drives
Fiber optic composite cable (AOC)	A new type of access method that integrates fiber optics and copper power lines
Drag chain cable	Robot arm, special swing-type cables
Automotive cable	Used for signal transmission inside automobiles.
Medical cable	Used for medical equipment, can achieve biocompatibility level.
Braided shield	Used for DJI drones, available in two types: tinned copper wire braided shield and PET braided shield

(2) Cable production process:

Main raw material supply status

Copper material is the main raw material of the Company, with the main suppliers being Jiangxi Copper, Kaneda, and Sci Copper (Guangzhou) Co., Ltd., etc. The main raw material supply fluctuates with international market trends, therefore the Company uses the principle of appropriate timing, quantity, and price for its main raw materials, securing the most stable suppliers as sources of supply.

Names, amounts, and proportions of suppliers/customers who accounted for more than $10\%$ of purchases (sales) in either of the last two years, and explanation for any changes. However, due to contractual agreements prohibiting the disclosure of customer names, or if the trading partner is an individual and not a related party, code names may be used instead.

(1) Information on suppliers who accounted for more than ten percent of total purchases in either of the last two years Unit: NT$ Thousand

	2024				2025				2026 up to the first quarter
Item	Name	Amount	Percentage of annual net purchases [%]	Item	Name	Amount	Percentage of annual net purchases [%]	Item	Name	Amount	Percentage of annual net purchases [%]	Item
1	Jiangxi Copper	1,533,326	41.83%	None	Jiangxi Copper	1,877,941	55.47%	None	Jiangxi Copper	436,281	56.22%	None
2	Kaneda	1,518,980	41.44%	None	Sci Copper	1,283,502	37.91%	None	Sci Copper	163,740	21.10%	None
3	Sci Copper	457,647	12.49%	None	Kaneda	60,876	1.80%	None	Kaneda	106,606	13.74%	None
4	Others	155,284	4.24%	-	Others	163,015	4.82%	-	Others	69,371	8.94%	-
	Net purchases	3,665,237	100%	-	Net purchases	3,385,335	100%	-	Net purchases	775,998	100.00%	-

Explanation of the reasons for the increase or decrease in change: Kaneda's procurement proportion decreased from $41.44\%$ to $1.80\%$ , owing to its unstable product quality. Therefore, the Company adjusted the procurement proportion and transferred most orders to Sci Copper to maintain product quality.

(2) Sales customers accounting for more than $10\%$ of total sales in any of the last two years:

	2024				2025				2026 up to the first quarter
Item	Name	Amount	Ratio to annual net purchases/ sales [%]	Relationship with the issuer	Name	Amount	Ratio to annual net sales [%]	Relationship with the issuer	Name	Amount	Ratio to net sales for the current year up to the previous quarter [%]	Relationship with the issuer
1	Hezhou Zhong Ju	336,151	8.44%	None	Hezhou Zhong Ju	366,741	10.51%	None	Hezhou Zhong Ju	91,704	9.08%	None
	Others	3,648,784	91.56%	-	Others	3,122,724	89.49%	-	Others	917,968	90.92%	-
	Net sales	3,984,935	100.00%	-	Net sales	3,489,466	100.00%	-	Net sales	1009672	100.00%	-

Explanation of the reasons for the increase or decrease in change: Hezhou Zhong Ju's sales proportion rose from $8.44\%$ to $10.51\%$ , mainly because, although total revenue declined in 2025, Hezhou Zhong Ju's orders increased.

(III) Information on Employees for the Most Recent Two Fiscal Years and Up to the Annual Report Publication Date

Year		2024	2025	Up to March 31, 2026
Number of Employees	Management Level and	30	29	29
	General Staff	184	180	176
	Production Line	191	177	175
	Total	405	386	380
Average Age		49.57	50.45	50.70
Average Years of Service		15.38	16.20	16.55
Distribution of Educational Background	Doctoral Degree	0.00%	0.00%	0.00%
	Master's Degree	0.25%	0.26%	0.26%
	College Degree	9.13%	8.55%	8.69%
	High School	23.46%	24.35%	24.47%
	Below High School	67.16%	66.84%	66.58%

(IV) Environmental Protection Expenditure Information

The Company's main production bases are located in Mainland China, and its office is situated in Building B, a commercial office building in the Chang Yih Science and Industrial Park in Zhubei City, Hsinchu County. As there are no production operations, the Hsinchu headquarters has no related environmental engineering for sludge, wastewater, industrial waste, etc. However, the Company still upholds the principle of protecting the Earth by implementing energy conservation, carbon reduction, and waste sorting, and complies with the Chang Yih Science and Industrial Park's domestic waste removal. Therefore, as of March 31, 2026, the Company has not suffered any losses or penalties due to environmental pollution.

【Energy-Saving and Carbon Reduction Measures】:

The office has established a computer room with an environmental monitoring management platform to monitor air conditioning, power, UPS, temperature and humidity, etc. Through this monitoring platform, the operation of various modules is effectively controlled, significantly reducing electricity consumption.
The office air conditioning system is divided into three main operational zones: general office area, executive offices, and meeting rooms. Each zone can be individually controlled, which saves electricity consumption during operation. The lower power requirements for the fans result in better adaptation to load variations, improving overall environmental comfort. Additionally, a centralized controller has been implemented, which uses a display screen to clearly monitor the operational status of air conditioning in each zone. The centralized controller allows for turning all units on or off with just one button, or controlling them individually. This multi-functional design is highly efficient and enhances office quality.

The office is equipped with a total heat exchanger, which is a forced ventilation system with energy heat recovery capability. It draws fresh air into the interior while expelling stale indoor air to the outside. When activated at appropriate times, it improves indoor air quality. Before the two air streams are expelled, they undergo energy exchange, maintaining the original air conditioning state and minimizing changes to indoor temperature. This reduces the burden on air conditioning equipment caused by introducing outdoor air, thereby achieving energy and electricity conservation.
We advocate that power must be turned off after work, and promote the idea that everyone is responsible for energy conservation. Therefore, colleagues from each department have initiated voluntary penalties for not turning off lights after work, effectively enhancing energy-saving results.
The use of multifunction copiers that incorporate fax capabilities effectively improves energy saving and carbon reduction while reducing paper usage, promoting environmental protection functionality.
From the outset of office decoration and lighting design, consideration was given to using energy-saving and LED lighting throughout, meeting environmental protection requirements with low heat emission and no flickering, achieving energy-saving benefits.

(V) Labor-Management Relations

The Company's various employee welfare measures, continuing education, training, retirement system and their implementation, as well as labor-management agreements and various measures for protecting employee rights and interests: All are implemented according to respective policies.

(1) Employee Welfare Measures:

A. The "Employee Welfare Committee" allocates welfare funds monthly, regularly distributes birthday gifts, Labor Day (May 1st), Mid-Autumn Festival and Chinese New Year gifts (or cash gifts), and provides various welfare subsidies such as marriage, childbirth, injury/illness, and funeral allowances.

B. Insurance Benefits: With the aim of caring for employee health and managing risks proactively, the Company has implemented a [Group Insurance] plan. The protection provided by the group insurance can be divided into life insurance, critical illness coverage, and accident insurance, with benefits including accident medical treatment and hospitalization medical insurance. Employees are enrolled in the insurance immediately upon joining the company, providing comprehensive medical care.

C. Activity Organization:

Organization of birthday parties to create a pleasant company atmosphere

and foster a positive working environment.

Annual employee trips and year-end banquets are organized to help employees maintain a good work-life balance after their hard work. Family members are invited to participate, which not only enhances interpersonal relationships among employees but also increases interaction between employees and their families, achieving welfare benefits that meet employee needs.

D. To enhance employee welfare, help employees achieve long-term savings, ensure stability in their future lives, increase employees' sense of participation in the company, and enable employees to hold company stock and share in the results of business operations. The company has established an [Employee Stock Ownership Plan] and formulated the "Employee Shareholding Trust Implementation Measures," where employees make fixed monthly contributions according to their job levels, and the company provides matching incentive funds with each monthly salary based on the employee's contribution. The personal contributions and company incentive funds are automatically adjusted according to the "Employee Contribution Grade Table" in Article 5 of these Implementation Measures.

(2) Establishing a fair and reasonable [Salary and Compensation System]:

A. For those with the same work or value, equal salary treatment should be provided, without differences based on gender or ethnicity.

B. Formulated the "Performance Appraisal Method" through a periodic, systematic evaluation system to reward colleagues who demonstrate excellent work performance and hard work, achieving individual and team goals.

C. A fair evaluation system serves as the basis for reasonable rewards and punishments, as well as promotions and demotions, which can improve employee work performance and further boost morale.

D. Holiday bonuses and dividend distribution are provided according to the distribution standards in the "Salary Payment Method," "Performance Appraisal Method," and "Employee Dividend Method."

(3) Retirement System: Established the "Employee Retirement Method" according to the relevant retirement provisions in the "Labor Standards Act" and "Labor Pension Act" to protect workers' rights and strengthen the employer-employee relationship.

A. Each year, an actuary is regularly commissioned to calculate retirement benefits based on the service years and age of employees under the old retirement system, and in accordance with the law, 2% of monthly salary is allocated to the "labor pension reserve funds account" as retirement reserves.

Additionally, in March of each year, employees eligible for retirement in that year are identified, and by the end of the month, the full amount of retirement benefits for the year is deposited into the "labor pension reserve funds account.

B. A letter was submitted to the competent authority proposing the total amount of the labor retirement reserve conditions, sufficient to cover the labor retirement pension for years of service under the old system. Pursuant to Article 3 of the 【Regulations for the Allocation and Management of the Labor Retirement Reserve】, an application was made to suspend allocation starting in 2025 and was approved.

C. Established the "Supervisory Committee of Business Entities' Labor Retirement Reserve," consisting of six committee members representing both labor and management, who are re-elected every four years to review matters related to labor retirement reserve fund contributions, deposits, expenditures, and payments.

(4) Training System:

A. Pre-employment Training: Helps employees understand the organizational structure, management policies, corporate spirit, and general management regulations of the enterprise.

B. Internal Training: Conducts employee and departmental educational training periodically, providing staff with relevant training in skills, knowledge, management, and other areas.

C. External Training: Provides employees with opportunities and funding to participate in training, with the expectation that each employee can contribute their knowledge, improve work quality and level, enhance their work skills, and create overall profits for the company.

(5) Health Management: Regularly organizes employee health examinations and periodically holds health seminars to care for and improve employees' physical and mental health.

(6) Providing a Safe and Comfortable Working Environment:

A. Environmental Cleanliness Management:

With reference to the 【Occupational Safety and Health Act】, the 'Chang Yih Science and Industrial Park' management center conducts cleaning and disinfection works each quarter, keeping the environment free of bacteria and protecting the health of office personnel and visitors.
Additionally, office drinking water facilities regularly replace water dispenser filters and conduct water quality tests to ensure the quality of

drinking water for employees.

Office air conditioning main units and outdoor units are regularly maintained and cleaned to keep the office air fresh and reduce electricity consumption.
The park's water towers are cleaned every six months by professional cleaning contractors.

B. Regular Equipment Inspection: In accordance with the relevant "Occupational Safety and Health Act" to prevent disasters, fire safety equipment inspection reports are conducted once a year by professional inspection institutions, and all improvements are completed and reported within the timeframe regulated by the governing authorities to ensure employee safety.

C. The Company's work areas are all covered by commercial fire insurance and public liability insurance.

(7) The Company's employee rights system is designed in accordance with labor laws, and clearly stipulates reporting and disciplinary regulations, which are detailed in the "Measures for Personnel Management." In addition to announcing to all colleagues, these are also available for browsing at any time in the company's public "Regulations Issuance and Management System," to help everyone understand their rights, obligations, and management matters. Both employers and employees are committed to establishing standards for professional ethics.

(8) Labor-management agreement matters: As the number of personnel belonging to the Taiwan head office does not meet the requirement for forming a labor union, no collective agreement has been signed. Labor-management meetings are currently held regularly in accordance with the law to promote labor-management communication.

Losses incurred due to labor disputes in the most recent year and up to the date of the annual report's printing, as well as disclosure of current and potential future estimated amounts and response measures. If a reasonable estimate cannot be made, the facts regarding why it cannot be reasonably estimated should be explained:

In the most recent year and up to the date of the annual report's printing, the Company has not experienced any losses due to labor disputes. The Company has always valued employee rights, and maintains harmonious labor-management relations. It is estimated that both parties will continue to maintain a good communication environment in the future, regularly hold labor-management meetings, negotiate in good faith to reach consensus, and work together toward common goals to prevent various labor issues.

(VI) Information Security Management

Description of information security risk management framework, information security policy, specific management plans, and resources invested in information security management.

(1) Information Security Risk Management Framework

(2) Information Security Policy

The Company is committed to building a safe, stable, and trustworthy information and communications service environment. To comply with the «Cyber Security Management Act», the Company proactively collects and analyzes domestic and international information security regulatory trends, regularly reviews and revises internal management procedures, and ensures the compliance and implementation of various information security measures. In terms of hardware defense and resilience, the Company has established a physical protection system including server room access control, an uninterruptible power supply (UPS), regular data backup, and offsite backup, and has formulated a comprehensive disaster recovery plan (DRP). In terms of software control, the Company implements rigorous access permission and password management, and combines firewall technology with regular vulnerability scanning to proactively defend against malicious attacks and virus threats, ensuring the high stability and security of information systems.

(3) Specific Management Plan

Permission and access governance: Implementing the "Principle of Least Privilege" according to job duties, granting only the access necessary to perform business.

Endpoint maintenance and updates: Enforcing the regular updating and patch distribution of personal computer operating systems, eliminating system vulnerabilities and strengthening protection capability.

Personnel information security awareness: Signing relevant operating norms and a non-disclosure agreement (NDA) upon hiring, clearly stipulating employees' information security obligations, and continuously conducting information

security education and training.

System monitoring and auditing: Performing daily checks of equipment service status and applications to ensure normal system operation, and implementing real-time handling of abnormalities.

Data integrity protection: Strengthening the tracking of internal data access history to ensure the accuracy and security of information storage, strictly preventing improper human operation or illegal access.

Compliant system operation: Ensuring that various information and communications security measures all comply with the operating mechanism of the Information Security Management System (ISMS).

(4) Resources Invested in Information Security Management

Boundary defense and monitoring: Deploying high-performance firewalls, antivirus systems, and email filtering systems to reduce the threat of external malicious attacks.

Environment and server room management: Establishing a server room environment monitoring system to grasp environmental variables such as power, temperature, and humidity in real time.

Physical security control: Configuring digital access control and round-the-clock monitoring systems to strengthen physical protection capacity.

Operational flexibility optimization: Introducing a virtualized operating environment to enhance management effectiveness and the rapid response capability for system post-disaster reconstruction.

List the losses suffered due to major information security incidents in the most recent fiscal year and up to the printing date of the annual report, their potential impacts, and response measures. If reasonable estimation is not possible, the fact that it cannot be reasonably estimated should be stated.

The Company has not experienced any major information security incidents.

(VII) Important Contracts December 31, 2025

Contract Type	Parties Involved	Contract Duration	Main Content	Restrictive Clauses
Endorsemen t Guarantee	CTBC Bank	2025.11~2026.11	Endorsement and guarantee limit of NT$722,890 thousand.	Note 1
Endorsemen t Guarantee	Changhua Commercial Bank	2025.08~2026.08	Endorsement and guarantee limit of NT$220,010 thousand.	Note 1
Endorsemen t Guarantee	Chang Hwa Commercial Bank, Ltd.	2025.11~2026.11	Endorsement and guarantee limit of NT$223,580 thousand.	Note 1
Purchase Contract	Sci Copper (Guangzhou) Co., Ltd.	2025.01~2025.12	Purchase of copper wire.	Contract
Purchase Contract	Iangxi Copper (Shenzhen) International Investment Holdings Co.,Ltd.	2025.01~2025.12	Purchase of copper wire.	Contract
Purchase Contract	Guangdong Jintian COPPER Co., Ltd.	2025.02~2025.12	Purchase of copper wire.	Contract

Restrictions: The Company undertakes the following:
Note 1: Guaranteed target is a 100% indirectly invested subsidiary (Dongguan Lucky Fly Conductor Co., Ltd.).

V. Review and Analysis of Financial Position, Financial Performance, and Risk Factors

(I) Financial Position

Analysis basis: Items with an increase/decrease ratio of 20% or more and an amount change of NT$10,000,000 or more

Unit: NT$1,000; %

Item\Year	2025	2024	Difference
			Amount	%
Current Assets	2,005,592	1,856,991	148,601	8.00%
Non-current Assets	822,297	454,324	367,973	80.99%
Total Assets	2,827,889	2,311,315	516,574	22.35%
Current liabilities	1,165,031	987,212	177,819	18.01%
Non-current liabilities	86,333	96,841	(10,508)	(10.85%)
Total Liabilities	1,251,364	1,084,053	167,311	15.43%
Capital	1,391,173	1,391,173	0	0.00%
Capital surplus	5,109	5,109	0	0.00%
Retained earnings	(225,873)	(193,407)	(32,466)	(16.79%)
Other Equity Items	406,116	24,387	381,729	1565.30%
Total Equity Attributable to Owners of the Parent	1,576,525	1,227,262	349,263	28.46%
Non-controlling Interests	0	0	0	0.00%
Total equity	1,576,525	1,227,262	349,263	28.46%
Total liabilities and equity	2,827,889	2,311,315	516,574	22.35%
Explanation of the main reasons for changes, their impact, and future response plans: 1. The increases in items such as non-current assets, other equity, total equity, and total liabilities and equity were mainly due to the initial TPEx listing of the investee company Lightel Technologies Inc. on November 17, 2025, with the Company conducting valuation based on its market price. 2. The increase in total assets was mainly due to the valuation of the aforementioned investee company Lightel Technologies Inc. based on its market price following its TPEx listing; in addition, inventory also increased compared with the prior year, mainly because the Company increased its inventory stocking volume in anticipation of continued rises in copper prices in the future.

(II) Financial Performance

Analysis of Financial Performance for the Last Two Years

Analysis basis: Items with an increase/decrease ratio of 20% and a change amount of NT$10,000 thousand or more. Unit: NT$ thousand; %

Item	2025	2024	Increase (Decrease) Amount	Variation ratio (%)	Item No.
Operating Revenue	3,489,466	3,984,935	(495,469)	(12.43%)
Operating costs	3,356,748	3,838,956	(482,208)	(12.56%)
Gross profit from operations	132,718	145,979	(13,261)	(9.08%)
Operating expenses	(122,197)	(175,920)	(53,723)	(30.54%)	1
Income from operations	10,521	(29,941)	40,462	135.14%	1
Non-operating income and expenses	(32,812)	(9,816)	22,996	234.27%	2
Income before income tax	(22,291)	(39,757)	(17,466)	(43.93%)	3
Income Tax Expense	(10,346)	(19,739)	(9,393)	(47.59%)	4
Net income for the period	(32,637)	(59,496)	(26,859)	(45.14%)	3
Other comprehensive income for the period (net)	381,900	53,929	327,971	608.15%	5
Total comprehensive income for the period	349,263	(5,567)	354,830	6373.81%	5
Explanation for change ratio analysis: 1. The decrease in operating expenses and the increase in operating income in 2025 were mainly due to the proper control of various expenses. 2. The increase in non-operating losses in 2025 was mainly due to the increase in exchange losses caused by international exchange rate fluctuations. 3. The substantial decrease in the pre-tax loss and the loss for the period in 2025 compared with the prior year was mainly due to the proper control of expenses. 4. The decrease in income tax in 2025 was mainly due to the decline in operating revenue. 5. The increase in total comprehensive income and other comprehensive income for the period in 2025 was mainly due to the initial TPEx listing of the investee company Lightel Technologies Inc. on November 17, 2025, with the Company conducting valuation based on its market price.

Expected sales volume and its basis. Unit: KM, TON

Main products	Annual budgeted sales volume
Transmission Cable	26,493
Copper Wires	12,002

Possible impact on the company's future financial operations and response plan: No significant impact.

(III) Cash Flow Analysis

Liquidity analysis for the last two years (changes of 20% or more)

Item	2025	2024	Change Ratio %
Cash Flow Ratio %	(15.74)	(24.81)	36.56%
Cash Flow Adequacy Ratio %	(70.15)	(25.26)	(177.71%)
Cash Reinvestment Ratio %	(14.17)	(18.28)	22.45%
Explanation for change ratio analysis:
1. The cash flow ratio and cash reinvestment ratio improved compared with the prior year, mainly because various expenses were properly controlled, and the net cash outflow from operating activities in 2025 narrowed compared with 2024.

Improvement plan for insufficient liquidity: Not applicable.
Cash Flow Liquidity Analysis for the Coming Year

Beginning Cash Balance	Projected Net Cash Flow from Operating Activities for the Entire Year	Projected Cash Inflow (Outflow) Volume for the Entire Year	Projected Cash Surplus (Deficit) Amount	Remedial Measures for Cash Shortfall
				Investment Plan	Financial Management Plan
283,306	-835	-15,204	268,102	-	-
1. Analysis of Cash Flow Changes for the Coming Year:
a. Operating activities: A cash outflow is expected, mainly due to the increase in accounts receivable along with revenue growth.
b. Investing activities: A cash inflow is expected, mainly due to the reduction of some non-current financial assets to replenish working capital.
c. Financing activities: A cash outflow is expected, mainly due to the repayment of bank principal and interest.
2. Remedial Measures for Projected Cash Shortfall and Liquidity Analysis: Not applicable.

(IV) Impact of Major Capital Expenditures in the Most Recent Year on Financial and Business Operations: None.

(V) Investment Policy in the Most Recent Year, Main Reasons for Profit or Loss, Improvement Plans, and Investment Plans for the Coming Year:

Investment Policy:

The Company's investment policy is to continue deepening its presence in the Greater China region, enter into high value-added wire and cable assemblies, closely monitor copper market price fluctuations, make batch purchases to diversify risks, maintain good relationships with suppliers and customers, and constantly monitor the significant impacts of exchange rate risks and interest rate changes on the company.

Main Reasons for Profit or Loss Unit: NT$ Thousand

Investment Companies	Main Business Activities	Annual Recognized Investment Gain/Loss	Main Reasons for Profit or Loss
SPACE SHUTTLE HI-TECH CO.,LTD.	General Investment	10,481	Mainly due to the recognition of the profit of the reinvested company.
Space Shuttle (HK) Hi-Fi Wire & Cable Industry Co., Limited	General Investment and Trading	(2,557)	Although the loss this year decreased substantially compared with previous years, the Company still showed a loss this year due to the decrease in non-operating income.
Dong Guan Hou Jie Xi Tou Space Shuttle Hi-Fi Wire & Cable Co., Ltd.	Production and Sales of Information Transmission Cables	5,169	Mainly due to the proper control of expenses.
Dongguan Lucky Fly Conductor Co., Ltd.	Production and Sales of Copper Wire	10,502	Mainly due to the continued rise in copper prices and the proper control of expenses.

Improvement Plan:

(1) The company's operational strategy continues to establish a low total cost competitive strategy, improving manufacturing efficiency, reducing quality abnormalities, and enhancing the company's quality, value in the value chain, and industry image through timely and effective data management.

(2) With a commitment to sustainable development, the Company is dedicated to incorporating sustainable product concepts during the product development stage or manufacturing process, while simultaneously enhancing organizational operational efficiency and strengthening inventory management.

(3) Strive to enter the supply chains of other world-class manufacturers, and continue to expand the proportion of existing world-class manufacturer supply chains, improving our product quality standards and company reputation.

(4) Actively develop wires for automotive use, server use, industrial automation, medical applications and related wire assemblies, while continuously developing high value-added wire materials and wire assemblies to meet customers' new product design requirements.

(5) Periodically replace old equipment to improve the production efficiency of machinery and equipment.

(6) In response to global development trends and to fulfill corporate social responsibility, the Company increases the proportion of green products in R&D, introduces the concept of sustainable management, actively increases the utilization rate of recycled raw materials, and through means such as improved product design, refined production processes, and the recycling and reuse of scrap materials, strives to put into practice the operating philosophy of the circular economy.

(7) In the future, continue to pay close attention to information related to exchange rate and interest rate fluctuations, grasp exchange rate trends in a timely manner, and appropriately respond based on global macroeconomics, exchange rates, interest rates, and future funding requirements to hedge against exchange rate and interest rate variation risks, thereby reducing their impact on the profit and loss of the Company and its subsidiaries.

Investment Plan for the Coming Year: None.

(VI) Risk Factors

The impact of interest rates, exchange rate changes, and inflation on the Company's profits and losses, and future response measures:

(1) Interest rate changes: Interest rate changes mainly affect the capital cost of the Company's operating activities. The finance unit continuously monitors the interest rate trends of the global money market and conducts dynamic management in combination with market supply and demand conditions. By optimizing the borrowing currency combination and flexibly adjusting the borrowing period and interest calculation method, overall interest expenses are ensured to be within an effective control range.

(2) Exchange rate changes: The Company's exchange rate risk mainly arises from the valuation differences between the functional currency (New Taiwan Dollar) and foreign currency assets generated by investing activities.

Current risk status: Based on the operational support needs of the Group's regional deployment, the parent company holds a certain proportion of specific foreign currency (RMB) asset positions.
This position mainly consists of "operational fund lending" and the "liquidity positions" for maintaining daily operations. As it involves the Group's long-term development structure and local regulatory requirements, such positions have a high degree of operational rigidity. Although easily affected by exchange rate valuation fluctuations, through proactive position adjustment, the overall proportion has been significantly reduced, and the sensitivity to the Company's profit and loss is within a controllable range.
Response measures: The Company strictly adheres to the principle of "natural hedging," balancing foreign currency asset and liability positions in operating and financing activities.
For net risk exposure that cannot be offset, the finance unit will prudently assess the international political and economic situation (such as the linkage impact of geopolitics on exchange rates) and, when necessary, adopt

appropriate financial instruments for hedging in accordance with the "Procedures for Engaging in Derivatives Trading."

(3) Inflation situation: Recently, affected by geopolitical tensions and global trade protectionism, the prices of energy and core metal materials (such as copper and tin) have fluctuated, triggering supply chain bottlenecks and inflation concerns.

Response measures: The Company adopts a "value chain optimization" strategy, tracking material market fluctuations in real time and implementing a price linkage mechanism between the procurement end and the sales end.
At the same time, through refined wire-drawing and stranding process management and enhanced material yield and energy use efficiency, the cost inflation pressure is effectively mitigated, ensuring the stability of the profit structure.
Policies, main reasons for profit or loss, and future response measures for engaging in high-risk, highly leveraged investments, lending funds to others, endorsements/guarantees, and derivatives transactions:

Based on the company's stable and pragmatic business philosophy, there is no engagement in high-risk, highly leveraged investments.

For lending funds to others and providing endorsements/guarantees, the company has established "Funds Lending and Others Operating Procedures" and "Operational Procedures for Endorsements/Guarantees" as the basis for control.

The Company's maximum limit for loans of funds to others in 2025 is NT$508,062 thousand. The actual balance of funds lent to others in 2025 and as of the printing date of the annual report is NT$106,862 thousand and NT$115,182 thousand, respectively. The recipients of these funds are wholly-owned subsidiaries directly or indirectly invested by the Company and its subsidiaries.

The Company's maximum limit for endorsements and guarantees in 2025 is NT$1,270,155 thousand. The balance of endorsements and guarantees in 2025 and as of the printing date of the annual report is NT$1,166,480 thousand and NT$1,191,050 thousand, respectively. The recipients of the Company's endorsements and guarantees are mainly wholly-owned subsidiaries indirectly invested by the Company.

For derivatives transactions, the Company engages in such transactions in accordance with the "Procedures for Engaging in Derivatives Trading". The main derivatives financial product transactions are forward exchange hedging transactions, and as of the printing date of the annual report, the company has not engaged in any derivatives financial product transactions.

Future Research and Development Plans and Expected R&D Expenses:

(1) Continuous process optimization for high-frequency products such as USB4, DP2.1, HDMI2.1, HDMI2.2, Thunderbolt3, 4, 5, PCIE5.0&6.0.

(2) Machinery and equipment updates.

(3) Continuous improvement and upgrading of the company's systems, accelerating the development of automotive cables, medical cables, drag chain cables, fiber optic composite cables, and special cables.

(4) Other special cable types (such as: braided mesh, ultra-thin coaxial medical cables, cables for robots, cables for servers, VR coaxial cables, PCIE5.0&6.0, etc.) will continue to be developed according to business needs.

(5) Expected R&D expenses to be invested in the future:

Unit: NT$ Thousand

Item	2025	2026 (estimated)
R&D expenses	6,905	6,489
Net operating revenue	3,489,466	4,116,672
Percentage of net operating revenue	0.20%	0.16%

Impact of major domestic and foreign policy and legal changes on the company's finances and business, and responsive measures:

The Company's daily operations are all conducted in strict compliance with relevant domestic and international laws and regulations. In addition to keeping abreast of the latest regulations of Taiwan's FSC and the TWSE at all times, the Company also continuously monitors the development trends of trade policies and environmental protection regulations (such as RoHS and REACH) related to the global electronic cable industry. As of now, the Company has not experienced any significant impact on its finances or business operations due to major domestic or foreign policy and legal changes.

Countermeasures:

Professional consultation and information collection: The finance and administration units pay attention at all times to any major domestic and international policy developments and regulatory changes that may affect the Company's finances, and through close consultation with professional advisors such as lawyers and accountants, accurately assess the potential impact of regulatory changes on the Company.
Dynamic strategy adjustment: Collecting relevant information and, after assessment by internal and external experts, providing it to the management level as a reference

for decision-making, in order to adjust the Company's relevant operating and regulatory compliance strategies in a timely manner.

Strengthening compliance resilience: Regularly implementing internal compliance review procedures to ensure that various product technical specifications (such as the high-quality conductor process) continue to comply with the latest international standards, strengthening the Company's robust operating capability in an environment of regulatory change.
Impact of technological changes (including information security risks) and industry changes on the company's finances and business, and responsive measures:

As AI terminal devices (such as AI phones and AI PCs) and the high-performance computing (HPC) trend rise, the market demand for high-conductivity, low-loss, high-quality copper conductors is increasing day by day. With high-quality refined-copper processing as its operating core, the Company possesses a robust production scale and mature process technology, and its product quality is highly recognized by customers, sufficient to address the challenges of technological change. Currently, technological change has had no material adverse impact on the Company's financial and business operations; on the contrary, it has brought growth opportunities for high-end products.

Countermeasures:

Refining core advantages and consolidating the financial foundation: Continuously optimizing the refined-copper wire-drawing and stranding processes, maintaining stable market supply capability and strengthening the quality reputation. By virtue of quality control superior to the market, consolidating the profit foundation and, through procurement strategies and enhanced production efficiency, effectively mitigating the impact of raw material price fluctuations.
Deepening AI and high-frequency transmission deployment: Utilizing proprietary high-quality conductor technology to collaborate with customers in developing dedicated cables for AI phones, AI PCs, and PCIe high-speed, high-frequency transmission; at the same time, actively cultivating the niche markets of specialty cables such as automotive, medical, aerospace, and underwater equipment, shifting the operating focus from traditional fields toward high-value-added applications, ensuring a high degree of competitive resilience in the technology wave.
Developing automation and customized solutions: Actively developing high-quality drag chain cables, providing cable solutions with wear-resistant and bending-resistant characteristics for the high-flexibility needs of computer numerical control (CNC) machine tools and automated production equipment. At the same time, the Company provides flexible self-manufacturing and "customer-supplied" (OEM/ODM)** solutions, capable of providing precise

alignment according to customers' specific application scenarios for various products, meeting the stringent requirements of the Industry 4.0 era for a high degree of customization and equipment stability.

In terms of information and communications security risks, the Company has established a comprehensive network security and computer protection system, fully implementing information and communications security management. In terms of technical defense, by deploying high-performance firewalls and email filtering systems, external malicious attacks and spam threats are effectively blocked. For critical infrastructure such as core servers, security vulnerability patching and full-system backups are regularly performed to ensure system stability and data integrity.

In terms of management norms, personnel information security education and training and internal management procedures are continuously promoted to strengthen the information security protection awareness of all employees. The Company also regularly reviews the effectiveness and appropriateness of its information security policies, and through the cyclical optimization of technical and management aspects, integrates information security risk management into daily operations, striving to maintain the Company's operational resilience and information security.

Impact of corporate image changes on corporate crisis management and responsive measures: Not applicable.
Expected benefits, potential risks, and responsive measures for mergers and acquisitions: Not applicable.
Expected benefits, potential risks, and responsive measures for plant expansion: Not applicable.
Risks faced from concentrated purchases or sales:
Sales concentration:

For many years, the Company has not had any single customer accounting for more than $10\%$ of total sales. This fiscal year, sales to Hezhou Zhongju accounted for $10.51\%$ of total sales; therefore, there is no risk of sales concentration.

Purchase concentration:

Suppliers accounting for more than $10\%$ of the total procurement amount are all copper material (the main material for information transmission cables) suppliers; the main suppliers are Jiangxi Copper and Sci Copper. Currently, the copper material market in mainland China is an oligopolistic market, and copper prices fluctuate with international market trends. Therefore, in addition to focusing on supply quality, we closely monitor international copper market price fluctuations,

establish copper inventory when prices are low, and maintain stable supply quantities. However, to diversify our material sources, apart from directly purchasing copper cathodes and drawing them into fine copper wires ourselves, the Company continues to develop other material sources to enhance production control capabilities and add value.

Impact, Risks and Concerns from Significant Transfer or Changes in Shareholding of Directors or Major Shareholders Holding More than 10 Percent of Shares

Countermeasures:

(1) Directors' shareholding ratio:

Year	Capital	Increase (Decrease) Percentage	Number of shares held by directors	Percentage of capital
2024	139,117,271	-0.77%	49,128,137	35.31%
2025	139,117,271	-0.05%	49,065,137	35.27%

(2) There has been no large-scale transfer of shares, so there is no risk affecting the company.

Changes in management control and their impact, risks, and countermeasures to the company: None.
Litigation or non-litigation events: The company should disclose any significant litigation, non-litigation, or administrative disputes that have been decided or are still pending for the company and its directors, supervisors, general manager, de facto responsible persons, major shareholders with more than 10% shareholding, and subsidiaries, if the outcome may have a significant impact on shareholders' equity or securities prices. The disclosure should include the facts in dispute, the amount involved, the date the litigation began, the main parties involved, and the status as of the printing date of the annual report: None.
Other significant risks and countermeasures:

Information security risk assessment analysis:

The Company is committed to building an efficient and secure computer network protection system to ensure the security of core operating information and confidential data. In terms of information protection and emergency backup planning, we implement server room access control, uninterruptible power supply deployment, regular data backup and offsite storage, and formulate a comprehensive disaster recovery plan to ensure uninterrupted operations.

In terms of management mechanisms, hierarchical permissions and password control are strictly enforced for programs, files, and system access. To address the increasingly

100

severe information security threats, we adopt multi-layered technical defenses, including deploying firewalls to block viruses and network attacks, and regularly performing system vulnerability scanning and patching. Through the continuous optimization of technical and management aspects, the Company ensures that its network protection possesses the latest timeliness, maintaining the high stability and security of the overall information system.

(VII) Other important matters: None

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VI. Special recorded matters

(I) Information regarding affiliated enterprises:

Please refer to the Market Observation Post System, [website https://mops.twse.com.tw → Single Company → Electronic Document Download → Affiliated Enterprises Three Statements Section], enter the company code (2440) to query information related to affiliated enterprises.

https://mopsov.twse.com.tw/mops/web/t57sb01_q10

(II) Most recent year and up to the printing date of the annual report, status of private placement of securities: None.

(III) Other necessary supplementary information: None.

(IV) Most recent year and up to the printing date of the annual report, in case of events specified in Subparagraph 2, Paragraph 3, Article 36 of the Securities and Exchange Act that affect shareholders rights or securities prices that have significant impacts: None.

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Space Shuttle Hi-Tech Co., Ltd.

Person in charge: Wang, Hsuan-Hui

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大空檢高傳真資訊科技股份有限公司

2025 Annual Report

Budget Execution Status

Financial Structure, Debt Servicing Capacity, and Profitability

Research and Development Status

Management Strategy and Guidelines for the Current Year

Impact of External Environment, Regulatory Environment, and Overall Business Environment

Future Development Strategy of the Company

II. Corporate Governance Report

2. Information on the General Manager, Deputy General Manager, Associate Managers, and Heads of Departments and Branch Units

5. Names of Managers and Distribution of Employee Compensation

B. External Evaluation of the Board of Directors' Performance for 2025

6. Company climate-related information

(1) Implementation status of climate-related information

(3) Various Development Trends and Competitive Situations of Products

A. Various Development Trends of Products

B. Product Competition Situation

3. Technology and Research & Development Overview

2. Main Products' Important Uses and Manufacturing Processes

(VI) Information Security Management

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SPACE SHUTTLE — Annual Report 2025

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大空檢高傳真資訊科技股份有限公司

2025 Annual Report

Budget Execution Status

Financial Structure, Debt Servicing Capacity, and Profitability

Research and Development Status

Management Strategy and Guidelines for the Current Year

Impact of External Environment, Regulatory Environment, and Overall Business Environment

Future Development Strategy of the Company

II. Corporate Governance Report

2. Information on the General Manager, Deputy General Manager, Associate Managers, and Heads of Departments and Branch Units

5. Names of Managers and Distribution of Employee Compensation

B. External Evaluation of the Board of Directors' Performance for 2025

6. Company climate-related information

(1) Implementation status of climate-related information

(3) Various Development Trends and Competitive Situations of Products

A. Various Development Trends of Products

B. Product Competition Situation

3. Technology and Research & Development Overview

2. Main Products' Important Uses and Manufacturing Processes

(VI) Information Security Management

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