Stock Code: 1802

台湾玻璃工業公司

TAIWAN GLASS IND. CORP.

Handbook for 2026 Annual Meeting of Stockholders

June 12, 2026

玻璃工業貢獻社會

(This English translation is prepared in accordance with the Chinese version and is for reference purposes only. If there is any inconsistency between the Chinese original and this translation, the Chinese version shall prevail.)

TAIWAN GLASS IND. CORP.
2026 Annual Meeting of Stockholders

Table of Contents

Page

Meeting Procedure
Meeting Agenda

Report Items
1. 2025 Business Report 3
2. 2025 Audit Committee’s Review Report and Independent Auditors’ Report 7
3. 2025 Directors’ and Employees’ Remuneration Distribution Report 18
4. 2025 Related Party Transaction Report 19

Ratification Items
1. 2025 Business Report and Financial Statements Report 20
2. 2025 Earning Distribution 29

Motions 30

Appendix
Number of Shares Held by All Directors 31
Earning Distribution Approved by the Board of Directors 32
The Impact of Stock Dividend Issuance on Business Performance and EPS 33
Articles of Incorporation of Taiwan Glass Industry Corporation 34

TAIWAN GLASS IND. CORP.

Procedure for 2026 Annual Meeting of Stockholders

Call the Meeting to Order
Chairman’s Address
Report Items
Ratification Items
Motions
Adjournment

TAIWAN GLASS IND. CORP.

Agenda for 2026 Annual Meeting of Stockholders

Time: 09:00 a.m. on Friday, June 12th, 2026

Location: 1F., No.207, Sec. 2, Tiding Blvd., Neihu Dist., Taipei City 114, Taiwan (R.O.C.)

(This is an in-person meeting.)

Call the Meeting to Order

Chairman’s Address

Report Items

2025 Business Report
2025 Audit Committee’s Review Report and Independent Auditors’ Report
2025 Directors’ and Employees’ Remuneration Distribution Report
2025 Related Party Transaction Report

Ratification Items

2025 Business Report and Financial Statements Report
2025 Earning Distribution

Motions

Adjournment

Rules of Procedure for Stockholders' Meeting

TGI Stockholders' Meeting June 12, 2026

Attendance: Attending stockholders shall present attendance cards with represented shares clearly marked. Stockholders should be issued an official attendance card by the Company, and present original documents to attend the stockholders' meeting. When the Company's stockholders' meeting is held, it may be held by video conference or other methods announced by the competent authority.
Call the meeting to order: The chairperson shall call the meeting to order at the time scheduled for the meeting. In the event that the meeting is attended by stockholders representing less than half of the total issued shares, the chairperson may announce a postponement of the meeting, however, there may not be more than two postponements in total and the total time accumulated in the postponement(s) shall not exceed one hour.
Agenda: In the event that the stockholder meeting is convened by the Board of Directors, the agenda shall be worked out by the Board of Directors. The stockholder meeting shall be duly convened based on the arranged agenda, which shall not be changed unless duly resolved by the stockholder meeting. In the event that the stockholder meeting is convened by a convener beyond the Board of Directors, the provision set forth under the preceding paragraph may apply, mutatis mutandis. The chairperson shall not announce adjournment of the meeting until the agenda in the two preceding paragraphs is completed (including occasional (extemporaneous) motions) unless duly resolved in the meeting.
Speaking: An attending stockholder shall issue and submit a floor note before speaking at the stockholder meeting. The floor note shall expressly describe the subject of his or her opinions, his or her stockholder account number (or the code of the participation certificate), and his or her name so that the chairperson may fix the order of speaking. On the same issue, each stockholder shall not take the floor more than twice and a stockholder shall not speak more than five minutes for each round unless agreed upon by the chairperson. In the event that a juristic (corporate) person is entrusted to participate in a stockholder meeting, that juristic (corporate) person may appoint only one representative to participate in the meeting. In the event that a juristic (corporate) person stockholder appoints two or more representatives to participate in a stockholder meeting, only one representative may speak for the same issue. A stockholder who has submitted a floor note but does not speak is deemed to have not taken the floor. In the event that the actual contents of the stockholder's statement are found inconsistent with the entries of the floor note, the stockholder's spoken statement shall prevail. While an attending stockholder is taking the floor, other stockholder(s) shall not interrupt or interfere with the current floor unless agreed upon by the chairperson and the speaking stockholder. The chairperson shall stop an offender. After a stockholder speaks on the floor, the chairperson may answer either by himself or herself or through a designee.
Discussion: Any issue not for the motion shall not be discussed or vote. Chairperson may declare for stopping discussion in appropriate time. Chairperson may declare for stopping discussion to vote when necessary. In order to keep the order of the meeting place and smooth procedure, chairperson may stop discussion of the issue which is discussed enough after consulting other stockholders.
Vote: Unless otherwise provided for in law and company's articles of incorporation, decisions at the stockholder meeting shall be resolved by a majority vote of the stockholders attending the meeting. An issue is deemed to have been duly resolved after the chairperson enquires from all participants but no objection is heard. The validity of the decision so resolved is equally valid as a decision duly resolved through the balloting process. One vote right for one share. The recording procedure of issues of stockholder meetings shall be processing publicly in stockholder meetings. In the event that an amendment or a substitute comes out of the same issue, the chairperson shall fix the order of balloting in consolidation with the original issue. When one among them is duly resolved, other issue(s) is (are) deemed to have been vetoed and no voting process is required. The ballot inspector(s) and ballot recorder(s) of issues in stockholder meeting shall be appointed by the chairperson, and the ballot inspector(s) shall be selected from the stockholders.
Order of Meeting Place: The rectification (or security) personnel shall wear the "rectification officer" arm-band. The chairperson may instruct the rectification (or security) personnel to help maintain order of the meeting. All present stockholders are obliged to comply with the instruction of chairperson and the rectification (or security) personnel. In the event that a stockholder violates the order of meeting place, chairperson or the rectification (or security) personnel has to take action to stop him or her and ask him or her to leave.
Implement: Any matters insufficiently provided for herein shall be subject to the Company Law, Securities Exchange Act, and other laws and regulations concerned. These Rules and any amendments hereof shall be put into enforcement after being resolved at the stockholder meeting.

Report Item 1

2025 Business Report

TGI Stockholders' Meeting June 12, 2026

Production Report:

| Product | Region | Contents | Yearly Output
Thousand MT |
| --- | --- | --- | --- |
| Flat Glass | Taiwan | • 1 production line of flat glass in Taichung Factory
• 1 production line of flat glass in Lukang Factory
• Total: 2 production lines | 265
(+2.2%) |
| | China | • 11 production lines of flat glass in Kunshan, Chengdu, Tianjin, Dongguan, Qingdao, Donghai, Xianyang and Anhui;
• Total: 11 production lines | 2,638
(+2.2%) |
| Fiberglass Fabric & Fiberglass | Taiwan | • Production line of fiberglass fabric and fiberglass in Taoyuan Factory
• Production line of fiberglass fabric in Lukang Factory | 34
(-27.4%) |
| | China | • 1 production line of fiberglass fabric in Kunshan Factory
• 2 production lines of fiberglass fabric in Chengdu Factory
• 1 production line of fiberglass fabric in Bengbu Factory
• Total: 4 production lines | 48
(+1.5%) |
| Container, Tableware Kitchenware | Taiwan | • 6 production lines of container, tableware and kitchenware glass in Hsinchu Factory | 137
(-4.3%) |
| Autoglass | Taiwan | • Production line of automotive glass in Taichung Factory | 5
(-20.2%) |
| | China | • Production line of automotive glass in Yancheng Factory | 14
(-17.4%) |
| Total | | - | 3,141
(+1.3%) |

Sales Report:

Product	Region	Sales Volume		Sales Amount
		Thousand MT	Compared with 2024	NT$ Million	Compared with 2024
Flat Glass	Taiwan	264	(-6.1%)	4,528	(-3.6%)
	China	2,746	(+3.3%)	19,808	(-15.9%)
	Subtotal	3,010	(+2.4%)	24,336	(-13.8%)
				= US$ 781mil	Percentage of Group's Turnover
56.8%
Fiberglass Fabric & Fiberglass	Taiwan	43	(-15.6%)	6,876	(+55.3%)
	China	69	(-9.1%)	6,545	(+17.8%)
	Subtotal	112	(-11.7%)	13,421	(+34.4%)
				= US$ 430mil	Percentage of Group's Turnover
31.4%
Container, Tableware and Kitchenware	Taiwan	134	(-8.9%)	3,758	(-3.3%)
				= US$ 121mil	Percentage of Group's Turnover
8.8%

Autoglass	Taiwan	5	(-19.4%)	496	(-18.2%)
	China	14	(-20.1%)	795	(-22.0%)
	Subtotal	19	(-19.9%)	1,291	(-20.6%)
				= US$ 41mil	Percentage of Group's Turnover
Total	3,275	(+1.2%)	42,806	(-2.1%)
			= US$ 1,373mil	Domestic 77%
Export 23%
Merge Reversal		-	-	(1,312)
Total after Offset	-	-	41,494	(-2.4%)
			= US$ 1,331mil

Financial Report:

In 2025, the Company benefited from successfully penetrating the AI supply chain with high-end fiberglass fabric and producing key AI components, resulting in a significant increase in operating profit compared to 2024. However, due to intensified market competition and weak downstream market conditions in its investee companies, investment losses were recognized, leading to a net loss after tax for the full year.
Unit: NT$ thousand

Title	2025	2024	Comparison% 2025/2024
Operating Revenue	41,494,382	42,502,810	-2.4%
Operating Income	370,903	(1,286,126)	128.8%
Net Income before Tax	(590,734)	(1,274,968)	53.7%
Net Income after Tax	(706,962)	(1,754,454)	59.7%
Income after Tax Attributable to Stockholders of the Parent	(590,329)	(1,571,562)	62.4%

Status of Budget Implementation:
Unit: NT$ thousand

Title	2025 Budget (*)	2025 Actual Amount	Achievement
Operating Revenue	46,000,000	41,494,382	90.2%
Net Income before Tax	304,000	(590,734)	-
Income after Tax Attributable to Stockholders of the Parent	60,000	(590,329)	-

*Note: This refers to internal budget, with no publication of financial forecast.

Analysis of Profitability:

Title	2025	2024
Return on Total Assets (ROA)	-0.25 %	-1.37 %
Return on Stockholder's Equity (ROE)	-1.39 %	-3.34 %
Ratio of Income before Tax to Paid-in Capital	-2.03 %	-4.38 %
Profit Margin	-1.70 %	-4.13 %
EPS (after Retroactive Adjustment)	NT$ -0.20	NT$ -0.54

2026 Annual Business Plan Outline:

Business Operation Strategy, Law Compliance & Economic Impact Analysis:

In 2025, Taiwan benefited from the AI boom and the growing demand for high-performance computing, which helped drive its economic performance. However, the global environment remains highly challenging and uncertain due to volatile international conditions, including the continuation of U.S. tariff policies, conflicts in the Middle East, and trade issues arising from geopolitical tensions. Despite these uncertainties, the Company continues to move forward steadily.

With respect to external and regulatory risks, factors such as the energy transition and rising raw material costs, tariffs and geopolitical conflicts, as well as an aging population and labor shortages, are expected to constrain economic growth potential. It is anticipated that the government and relevant authorities will strengthen energy independence, maintain stable monetary policies, support enterprises in adopting ESG management and carbon reduction technologies, and expand talent development in AI, semiconductor, and sustainable industries. In addition, easing regulations on the recruitment of highly skilled foreign professionals will enable enterprises to remain competitive and sustain growth amid the restructuring of global supply chains.

In terms of corporate sustainability, the Company has been awarded the Taiwan Corporate Sustainability Awards (TCSA) "Silver Award for ESG Report in the Traditional Manufacturing Industry" for ten consecutive years, along with multiple other ESG recognitions. The Company has implemented ESG management practices and strengthened green production and carbon reduction initiatives. It has completed greenhouse gas inventories for all our factories in Taiwan and obtained third-party verification. Total greenhouse gas emissions decreased by approximately 57,500 metric tons $(-9.44\%)$ compared to the previous year. Heavy fuel oil consumption decreased by $49.23\%$ , total solar power generation across all plants reached 11.48 million kWh, and purchased electricity decreased by 39 million kWh $(-8.1\%)$ . These efforts demonstrate significant achievements in energy conservation and carbon reduction.

Brief of Technology and R&D:

In terms of flat glass production, in response to the continuous rise in raw material and energy costs, the Company has continued to implement cost reduction and efficiency enhancement programs. In alignment with government carbon reduction policies, the Company has replaced outdated equipment with poor energy efficiency and gradually increased the proportion of natural gas usage. At the same time, the Company has strengthened collaboration with external research institutions and introduced AI technologies. Without compromising product quality, AI-driven big data analysis is utilized to further reduce production energy consumption.

The TF2 furnace at the Taichung Factory will undergo a cold repair in 2026. During this period, the Company will simultaneously install the planned waste heat power generation system and natural gas hydrogen production system. In addition, plans are in place to construct a nitrogen-oxygen air separation unit, whereby the oxygen generated during nitrogen production will be fed into the furnace combustion process to improve thermal efficiency and reduce emissions. These measures aim to maximize carbon reduction effectiveness and enhance the competitiveness of flat glass products. The furnace is expected to be reignited and resume operations in the first quarter of 2027.

With the rapid advancement of AI technologies and the surge in computing power demand, the world is entering a new era of high-performance computing. To meet the requirements for high-speed transmission and ultra-low latency of massive data, market demand for high-end substrates is rising significantly. In addition to continuously expanding existing low dielectric constant fiberglass febric production lines, the Company is accelerating the development of advanced products featuring even lower dielectric constants and lower dielectric loss, in order to fully meet the explosive demand from applications such as generative AI, large-scale data centers, autonomous vehicles, and the Internet of Things (IoT).

To address the trend toward thinner IC substrates and the corresponding demand for insulating materials with a low coefficient of thermal expansion (Low CTE), the Company is developing low-CTE fiberglass fabric to prevent warpage or even circuit disconnection caused by differences in thermal expansion between chips and substrates during the packaging process. Newly developed high-strength fiberglass yarn can be applied in aerospace and defense-grade composite materials. In the field of wind power generation, roving products have obtained DNV GL certification, while chopped strand products comply with EU food contact regulations and relevant potable water certifications. Through these efforts, the Company is actively responding to global environmental protection and energy-saving carbon reduction initiatives, contributing to the sustainability of the planet.

Operating Prospects:

Reviewing the Company’s performance in 2025, the Group reported consolidated revenue of NT$41.5 billion and a net loss after tax of NT$590 million. The following is an overview of each business segment:

In the flat glass segment, AI technologies have been introduced to optimize production and reduce energy consumption, thereby lowering production and operating costs and enhancing output efficiency. With the advancement of net-zero carbon emission policies and urban renewal initiatives, the growing demand for high-performance green building materials in Taiwan’s construction market is also expected to drive sales of low-emissivity (Low-E) energy-saving glass.

In the China market, although the government has continued to introduce stimulus policies to revive the real estate sector, demand in the construction segment remains weak, and the oversupply pressure in the float glass market has not been significantly alleviated. The Company is therefore focusing on high-end applications and high value-added energy-saving glass and photovoltaic glass products to address future demand from smart home and automotive markets.

In the fiber business segment, information transmission has fully entered the era of high frequency and high speed. The rapid development of AI and intelligent industries has driven significant growth across the supply chain, and demand for high-quality glass fiber cloth is expected to continue increasing, providing new momentum for the Company’s fiber business. The Company’s low dielectric (Low Dk) and low coefficient of thermal expansion (Low CTE) glass fiber cloth products have been widely certified and adopted by major global customers. In response to market demand, capacity expansion projects are underway at the Taoyuan and Lukang Factory. The Company continues to invest in innovation, R&D, and quality enhancement to better serve its customers.

In the container glass and branded products segment, in the face of low-price competition and tariff challenges, the Company has strengthened distributor partnerships and actively participated in tenders. By offering high-quality and diversified products, it maintains its market competitiveness. Exported heat-resistant products continue to be favored by well-known brands, and flexible pricing strategies have been adopted to mitigate the impact of tariffs. The Company’s own-brand products have received numerous domestic and international design awards, combining aesthetics with functionality, thereby enhancing brand reputation and driving sales growth.

In terms of Shihlien Chemical Industrial Jiangsu Co., Ltd. (SCJ, 43.99% of its shareholding held by Taiwan Glass), due to industry-wide overcapacity in soda ash and ammonium chloride, prices remained at low levels throughout the year. SCJ has actively optimized its production processes, reduced energy consumption, and strived to achieve a balance between production and sales.

Looking ahead to 2026, the Company will focus on innovation and development of new products to deliver customer satisfaction, while strengthening ESG initiatives and accelerating its sustainable transformation. By establishing a low-carbon operating model and fulfilling corporate social responsibility, the Company will work together with all stakeholders—including stockholders, distributors, business partners, customers, and employees—to drive innovation, open new opportunities, meet future challenges, and achieve shared profitability and growth.

Important Sales Policy:

Innovative Technology
Excellent Quality
Cost Efficiency
Reasonable Price
Product Development
Comprehensive Services
6 -

Report Item 2

2025 Audit Committee’s Review Report and Independent Auditors’ Report

Audit committee has reviewed 2025 annual business report and financial statements. The audit committee’s review report and independent auditors’ report are as follows.

Audit Committee’s Review Report

The 2025 financial statements, reviewed by the Audit Committee and resolved by the Board of Directors, have been audited by Ernest & Young CPAs, along with issuing of auditors’ review reports.

The Company’s 2025 business report and earning distribution proposed by the Board of Directors have also been reviewed by the Audit Committee and determined to have complied with relevant requirements of the Company Act. According to Article 219 of the Company Act, we hereby submit this report to 2026 Annual Meeting of Stockholders.

Convener of Audit Committee: Lin, Sheng-Chung
March 9th, 2026

EY安永

安永聯合會計師事務所

11012台北市基隆路一段333號9樓
9F, No. 333, Sec. 1, Keelung Road, Taipei City, Taiwan, R.O.C.

Tel: 886 2 2757 8888
Fax: 886 2 2757 6050
ey.com/zh_tw

Independent Auditors’ Report Translated from Chinese

To Taiwan Glass Industrial Corporation

Opinion

We have audited the accompanying balance sheets of Taiwan Glass Industrial Corporation (the “Company”) as of December 31, 2025 and 2024, and the related statements of comprehensive income, changes in equity and cash flows for the years ended December 31, 2025 and 2024, and notes to the financial statements, including the summary of material accounting policies (collectively “the financial statements”).

In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Company as of December 31, 2025 and 2024, and their financial performance and cash flows for the years ended December 31, 2025 and 2024, in conformity with the requirements of the Regulations Governing the Preparation of Financial Reports by Securities Issuers.

Basis for Opinion

We conducted our audits in accordance with the Regulations Governing Financial Statement Audit and Attestation Engagements of Certified Public Accountants and the Standards on Auditing of the Republic of China. Our responsibilities under those standards are further described in the Auditors’ Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the Company in accordance with the Norm of Professional Ethics for Certified Public Accountant of the Republic of China (the “Norm”), and we have fulfilled our other ethical responsibilities in accordance with the Norm. Based on our audits, we believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of 2025 financial statements. These matters were addressed in the context of our audit of the financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.

A member firm of Ernst & Young Global Limited

EY安永

Valuation of Inventories

As of December 31, 2025, the Company’s net inventories amounted to NT$3,956,579 thousand, which is relatively material for the financial statements. The Company is engaged in the manufacturing, processing and sale of various glasses which have a wide range of applications in various sectors such as construction, electronics and consumer products industries. Considering the fact that identification of slow-moving inventories and the assessment of the amount of inventory write-downs require significant management judgement based on market demands, we determined this a key audit matter.

Our audit procedures included, but not limited to, assessing the appropriateness of the accounting policies of evaluating slow-moving and obsolete inventories, including analyzing slow-moving inventory allowance ratio and the net realizable value adopted; understanding and testing the internal controls established by management with respect to the valuation of inventories, including the calculation of net realizable value; examining to relevant documentation and recalculating the loss from price decline to ensure inventories appropriately valuated at lower of cost and net realizable value. Vouching samples against related certificates to verify accuracy of inventory aging.

We also assessed the adequacy of disclosures of inventories. Please refer to Notes 4, 5 and 6 to the Company’s financial statements.

Revenue Recognition

Operating revenues recognized by the Company amounted to NT$15,358,706 thousand for the year ended December 31, 2025. Reflecting different market demands, trade terms of different contracts varied, along with the fact that some of the sales orders included delivery services, management needed to review the sales orders or contracts to determine the performance obligations and the time of their satisfaction, there is a significant risk in revenue recognition. Therefore, we considered this a key audit matter.

Our audit procedures included, but not limited to, assessing the appropriateness of the accounting policy of revenue recognition; evaluating and testing the operating effectiveness of internal controls with respect to revenue recognition; selecting samples to perform tests of details and reviewing related transaction certificates and the significant terms and conditions of contracts to verify the accuracy of the timing of performance obligation satisfaction; confirming significant account receivable balance by sending confirmation letters; selecting samples of transactions from either side of balance sheet date, vouching samples against related certificates and reviewing significant subsequent sales return or discounts transactions to ensure revenue was recognized at appropriate timing.

We also assessed the adequacy of disclosures of operating revenues. Please refer to Notes 4 and 6 to the Company’s financial statements.

A member firm of Ernst & Young Global Limited

EY安永

Responsibilities of Management and Those Charged with Governance for the Financial Statements

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

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

Those charged with governance, including audit committee, are responsible for overseeing the financial reporting process of the Company.

Auditors’ Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the Standards on Auditing of the Republic of China will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

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

Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control of the Company.

A member firm of Ernst & Young Global Limited

EY安永

Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.
Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability to continue as a going concern of the Company. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors’ report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors’ report. However, future events or conditions may cause the Company to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the financial statements, including the accompanying notes, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Company to express an opinion on the financial statements. We are responsible for the direction, supervision and performance of the group audit. We remain solely responsible for our audit opinion.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of 2025 financial statements and are therefore the key audit matters. We describe these matters in our auditors’ report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.

A member firm of Ernst & Young Global Limited

EY安永

Lee, Yu-Ju

Huang, Chien-Che

Ernst & Young, Taiwan

March 9, 2026

Notice to Readers

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

Accordingly, the accompanying parent company only financial statements and report of independent accountants are not intended for use by those who are not informed about the accounting principles or Standards on Auditing of the Republic of China, and their applications in practice. As the financial statements are the responsibility of the management, Ernst & Young cannot accept any liability for the use of, or reliance on, the English translation or for any errors or misunderstandings that may derive from the translation.

A member firm of Ernst & Young Global Limited

EY安永

安永聯合會計師事務所

11012台北市基隆路一段333號9樓
9F, No. 333, Sec. 1, Keelung Road, Taipei City, Taiwan, R.O.C.

Tel: 886 2 2757 8888
Fax: 886 2 2757 6050
ey.com/zh_tw

Independent Auditors’ Report Translated from Chinese

To Taiwan Glass Industrial Corporation

Opinion

We have audited the accompanying consolidated balance sheets of Taiwan Glass Industrial Corporation (the “Company”) and its subsidiaries as of December 31, 2025 and 2024, and the related consolidated statements of comprehensive income, changes in equity and cash flows for the years ended December 31, 2025 and 2024, and notes to the consolidated financial statements, including the summary of material accounting policies (collectively “the consolidated financial statements”).

In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the consolidated financial position of the Company and its subsidiaries as of December 31, 2025 and 2024, and their consolidated financial performance and cash flows for the years ended December 31, 2025 and 2024, in conformity with the requirements of the Regulations Governing the Preparation of Financial Reports by Securities Issuers and International Financial Reporting Standards, International Accounting Standards, interpretations developed by the International Financial Reporting Interpretations Committee or the former Standing Interpretations Committee as endorsed by Financial Supervisory Commission of the Republic of China.

Basis for Opinion

We conducted our audits in accordance with the Regulations Governing Financial Statement Audit and Attestation Engagements of Certified Public Accountants and the Standards on Auditing of the Republic of China. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Consolidated Financial Statements section of our report. We are independent of the Company and its subsidiaries in accordance with the Norm of Professional Ethics for Certified Public Accountant of the Republic of China (the “Norm”), and we have fulfilled our other ethical responsibilities in accordance with the Norm. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of 2025 consolidated financial statements. These matters were addressed in the context of our audit of the consolidated financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.

A member firm of Ernst & Young Global Limited

EY安永

Impairment Valuation of Non-financial assets

As of December 31, 2025, the Company and its subsidiaries’ property, plant and equipment amounted to NTD 41,754,525 thousand, which accounted for 46% of its total assets, which is relatively material for the consolidated financial statements. Due to the market and economic outlook fluctuations in recent years, some operating units operated in losses which indicated that assets may be impaired. Therefore, the management performed impairment test on related cash-generating units and value in use or net fair value were adopted for the recoverable amounts of different cash generating units. As the estimation of the recoverable amount of the related cash-generating unit requires significant management judgment, we determined this a key audit matter.

Our audit procedures included, but not limited to, analyzing the rationality of recoverable amounts used by management, obtaining underlying data of the recoverable amount provided by management (including cash flow forecast, growth rate, real estate and equipment valuation report) and related assumptions and discussing with management; assessing the appraiser’s professional competency, experience and reputation in the related field; using the work of internal expert to assist us in considering the discount rate used by management and reviewing the appraiser's valuation and its estimation process to assess whether the reasonable value in the current real estate market were evaluated based on reasonable and supported assumptions; verifying that the source of the assessment report is relevant and reliable to account for the recoverable amounts for impairment assessment used by management.

We also assessed the adequacy of disclosures of property, plant and equipment. Please refer to Notes 4, 5 and 6 to the Company’s consolidated financial statements.

Valuation of Inventories

As of December 31, 2025, the Company and its subsidiaries net inventories amounted to NTD 10,682,490 thousand, which is relatively material for the consolidated financial statements. The Company and its subsidiaries are engaged in the manufacturing, processing and sale of various glasses which have a wide range of applications in various sectors such as construction, electronics and consumer products industries. Considering the fact that identification of slow-moving inventories and the assessment of the amount of inventory write-downs require significant management judgement based on market demands, we determined this a key audit matter.

We also assessed the adequacy of disclosures of inventories. Please refer to Notes 4, 5 and 6 to the Company’s consolidated financial statements.

A member firm of Ernst & Young Global Limited

EY安永

Revenue Recognition

Operating revenues recognized by the Company and its subsidiaries amounted to NTD 41,494,382 thousand for the year ended December 31, 2025. Reflecting different market demands, trade terms of different contracts varied, along with the fact that some of the sales orders included delivery services, management needed to review the sales orders or contracts to determine the performance obligations and the time of their satisfaction, there is a significant risk in revenue recognition. Therefore, we considered this a key audit matter.

We also assessed the adequacy of disclosures of operating revenues. Please refer to Notes 4 and 6 to the Company’s consolidated financial statements.

Other Matter

We have audited and expressed an unqualified opinion on the parent company only financial statements of the Company as of and for the years ended December 31, 2025 and 2024.

Responsibilities of Management and Those Charged with Governance for the Consolidated Financial Statements

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

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

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

A member firm of Ernst & Young Global Limited

EY安永

Auditors’ Responsibilities for the Audit of the Consolidated Financial Statements

Our objectives are to obtain reasonable assurance about whether the consolidated financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the Standards on Auditing of the Republic of China will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these consolidated financial statements.

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

Identify and assess the risks of material misstatement of the consolidated financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control of the Company and its subsidiaries.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.
Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the ability to continue as a going concern of the Company and its subsidiaries. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors’ report to the related disclosures in the consolidated financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors’ report. However, future events or conditions may cause the Company and its subsidiaries to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the consolidated financial statements, including the accompanying notes, and whether the consolidated financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

A member firm of Ernst & Young Global Limited

EY安永

Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Company and its subsidiaries to express an opinion on the consolidated financial statements. We are responsible for the direction, supervision and performance of the group audit. We remain solely responsible for our audit opinion.

From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of 2025 consolidated financial statements and are therefore the key audit matters. We describe these matters in our auditor's report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.

Lee, Yu-Ju

Huang, Chien-Che

Ernst & Young, Taiwan
March 9, 2026

Notice to Readers

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

Accordingly, the accompanying consolidated financial statements and report of independent accountants are not intended for use by those who are not informed about the accounting principles or Standards on Auditing of the Republic of China, and their applications in practice. As the financial statements are the responsibility of the management, Ernst & Young cannot accept any liability for the use of, or reliance on, the English translation or for any errors or misunderstandings that may derive from the translation.

A member firm of Ernst & Young Global Limited

18 -

Report Item 3

2025 Directors' and Employees' Remuneration Distribution Report

TGI's net loss before tax of 2025 is NT$ 526,720,000. According to Article 26 of Articles of Incorporation, the remuneration of directors and employees will not be distributed.

Report Item 4

2025 Related Party Transaction Report

With the unanimous consent of all directors present at the board meeting held on November 4, 2024, the board has approved the proposal to conduct transactions in 2025 with an equity-method investee, Shihlien Chemical Industrial Jiangsu Co., Ltd. (hereinafter referred to as SCJ). The transaction limit is set at 10% of the consolidated net operating revenue for 2025, amounting to NT$41,494,382 thousand.

During the full year of 2025, the Group's actual purchase amount from SCJ was NT$1,191,465 thousand, accounting for 2.87% of the consolidated net operating revenue for 2025. This did not exceed the limit of NT$4,149,438 thousand and was conducted in accordance with the transaction pricing principles approved by the Board of Directors.

The details of the actual transactions for 2025 are as follows:

Company Name	Transaction Item	Actual Purchase Amount in 2025	Transaction Terms
Shihlien Chemical Industrial Jiangsu Co., Ltd. (SCJ)	Purchase of soda ash, mirabilite, etc.	NT$1,191,465 thousand	Purchase prices were negotiated by both parties with reference to market conditions; payment terms are comparable to those of general suppliers, with payment due three months after delivery.

19 -

Ratification Item 1
(Motion from TGI Board of Directors)

2025 Business Report and Financial Statements Report

For Business Report, please refer to Report Item 1.
Financial Statements, including Consolidated and Parent Company Only Balance Sheet, Income Statements, Statement of Changes in Equity and Cash Flow Statement, are attached as follows.

Resolution:

20 -

English Translation of Financial Statements Originally Issued in Chinese
TAIWAN GLASS INDUSTRIAL CORPORATION
PARENT COMPANY ONLY BALANCE SHEETS
December 31, 2023 and 2024
(Expressed in Thousands of New Taiwan Dollars)

ASSETS	NOTE	As of December 31,				LIABILITIES AND EQUITY	NOTE	As of December 31,
		2025	%	2024	%			2025	%	2024	%
Current assets						Current liabilities
Cash and cash equivalents	4,6(1)	$3,091,627	4	$1,891,890	3	Short-term loans	6(11), 7	$3,100,000	4	$1,500,000	2
Notes receivable, net	4,6(2), 6(18)	145,767	-	148,361	-	Short-term bills payable	6(12)	4,067,909	6	4,069,058	6
Accounts receivable, net	4,6(3), 6(18), 7, 12(11)	3,509,939	5	1,794,678	3	Current contract liabilities	6(17)	682,522	1	714,960	1
Other receivables, net	4,6(4), 6(18)	44,346	-	46,048	-	Accounts payable	7	892,435	1	848,904	1
Other receivables-related parties	4,6(4), 6(18), 7	487,151	1	1,661,597	2	Other payables	7	1,289,428	2	1,003,204	2
Current tax assets	4	7,588	-	4,238	-	Current provisions	4,6(15)	70,297	-	-	-
Inventories, net	4,6(5)	3,936,579	5	3,785,377	5	Current lease liabilities	4,6(20), 7	32,916	-	45,254	-
Prepayments	7	481,649	1	533,260	1	Current portion of long-term loans	6(13), 7	4,593,333	6	8,080,000	11
Other current financial assets	8	8,046	-	4,296	-	Other current liabilities		101,710	-	49,050	-
Total current assets		11,732,692	16	9,860,745	14	Total current liabilities		14,830,550	20	16,310,430	23
Non-current assets						Non-current liabilities
						Long-term loans	6(13), 7	9,363,333	13	5,820,000	8
Non-current financial assets at fair value through other comprehensive income	4,6(6)	447,432	1	440,615	1	Deferred tax liabilities	4,6(24)	616,231	1	422,473	1
						Non-current lease liabilities	4,6(20), 7	30,949	-	58,343	-
Investments accounted for using the equity method	4,6(7)	42,531,789	59	45,264,876	64	Deposits-in		2,200	-	2,361	-
Property, plant and equipment	4,6(8), 8	15,602,485	22	14,214,342	20	Total non-current liabilities		10,012,713	14	6,303,177	9
Right-of-use assets	4,6(9), 6(20), 7	73,023	-	112,328	-	Total liabilities		24,843,263	34	22,613,607	32
Deferred tax assets	4,6(24)	271,483	-	294,419	-
Net defined benefit non-current assets	4,6(14)	1,561,064	2	619,245	1	Capital	6(16)
Other non-current assets	4,6(10), 6(18)	223,164	-	234,708	-	Common stock		29,080,608	40	29,080,608	41
Total non-current assets		60,711,040	84	61,180,533	86	Additional paid-in capital	6(16)	1,895,238	3	1,925,218	3
						Retained earnings	6(16)
						Legal reserve		7,383,663	10	7,383,663	10
						Special reserve		5,102,550	7	5,102,550	7
						Unappropriated retained earnings		6,397,921	9	6,352,734	9
						Total retained earnings		18,884,134	26	18,838,947	26
						Other components of equity
						Exchange differences on translation of foreign operations	4	(2,328,987)	(3)	(1,470,761)	(2)
						Unrealized gains and losses on financial assets at fair value through other comprehensive income		69,476	-	62,659	-
						Total other components of equity		(2,259,511)	(3)	(1,408,102)	(2)
						Total equity		47,600,469	66	48,436,671	68
Total assets		$72,443,732	100	$71,050,278	100	Total liabilities and equity		$72,443,732	100	$71,050,278	100

The accompanying notes are an integral part of the parent company only financial statements.

English Translation of Financial Statements Originally Issued in Chinese

TAIWAN GLASS INDUSTRIAL CORPORATION

PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME

For the years ended December 31, 2025 and 2024

(Expressed in Thousands of New Taiwan Dollars Except Earnings Per Share Information)

	Note	For the years ended December 31,
		2025		2024
		Amount	%	Amount	%
Operating revenues	4, 6(17), 7	$15,358,706	100	$13,101,893	100
Operating costs	6(5), 6(10), 6(14), 6(15), 6(20), 6(21), 7	(11,743,989)	(76)	(10,563,166)	(81)
Gross profit		3,614,717	24	2,538,727	19
Unrealized intercompany profit (loss)		(20,900)	-	140,110	1
Realized intercompany profit		(140,110)	(1)	(60,908)	-
Net gross profit		3,453,707	23	2,617,929	20
Operating expenses	6(10), 6(14), 6(18), 6(20), 6(21), 7
Selling and marketing expenses		(1,525,035)	(10)	(1,541,332)	(12)
General and administrative expenses		(320,443)	(2)	(301,896)	(2)
Research and development expenses		(87,218)	(1)	(57,598)	-
Expected credit losses	6(18)	(4,839)	-	(7,446)	-
Subtotal		(1,937,535)	(13)	(1,908,272)	(14)
Net amount of other revenues and gains and expenses and losses	6(19), 7	3,221	-	(1,139)	-
Operating income		1,519,393	10	708,518	6
Non-operating income and expenses
Interest income	6(22)	65,147	-	20,284	-
Other income	6(22), 7	172,117	1	171,804	1
Other gains and losses	6(22)	(124,428)	(1)	(29,524)	-
Finance costs	4, 6(22), 7	(473,117)	(3)	(496,820)	(4)
Share of (loss) income of subsidiaries, associates and joint ventures for under equity method	4	(1,685,832)	(11)	(1,906,368)	(15)
Subtotal		(2,046,113)	(14)	(2,240,624)	(18)
(Loss) from continuing operations before income tax		(526,720)	(4)	(1,532,106)	(12)
Income tax (expense) benefit	4, 6(24)	(63,609)	-	(39,456)	-
Net (loss) from continuing operations		(590,329)	(4)	(1,571,562)	(12)
Other comprehensive income	4, 6(23)
Other comprehensive income that will not be reclassified subsequently:
Remeasurement of defined benefit obligation		794,297	5	(8,490)	-
Unrealized gains on equity instruments investments at fair value through other comprehensive income		6,817	-	101,062	1
Share of other comprehensive income of subsidiaries, associates and joint ventures for under equity method		78	-	783	-
Income tax related to components of other comprehensive income that will not be reclassified subsequently		(158,859)	(1)	1,698	-
Other comprehensive income that will be reclassified subsequently:
Share of other comprehensive gains (losses) of subsidiaries, associates and joint ventures for under equity method		(861,274)	(5)	2,358,123	18
Income tax related to components of other comprehensive income that will be reclassified subsequently		-	-	-	-
Total other comprehensive (loss) income, net of tax		(218,941)	(1)	2,453,176	19
Total comprehensive (loss) income		$(809,270)	(5)	$881,614	7
Earnings per share (NT$)	6(25)
Earnings per share-basic		$(0.20)		$(0.54)
Diluted earnings per share

The accompanying notes are an integral part of the parent company only financial statements.

23 -

English Translation of Financial Statements Originally Issued in Chinese
TAIWAN GLASS INDUSTRIAL CORPORATION
PARENT COMPANY ONLY STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY
For the years ended December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars)

	Capital	Capital Surplus	Legal Reserve	Special Reserve	Unappropriated Retained Earnings	Exchange Differences on Translation of Foreign Operations	Unrealized Gains and Losses on Financial Assets at Fair Value through Other Comprehensive Income	Total Equity
Balance as of January 1, 2024	$29,080,608	$1,925,218	$7,383,663	$5,102,550	$7,930,305	$(3,828,884)	$(38,403)	$47,555,057
Net (loss) in 2024					(1,571,562)			(1,571,562)
Other comprehensive income, net of tax in 2024					(6,009)	2,358,123	101,062	2,453,176
Total comprehensive income	-	-	-	-	(1,577,571)	2,358,123	101,062	881,614
Balance as of December 31, 2024	$29,080,608	$1,925,218	$7,383,663	$5,102,550	$6,352,734	$(1,470,761)	$62,659	$48,436,671
Balance as of January 1, 2025	$29,080,608	$1,925,218	$7,383,663	$5,102,550	$6,352,734	$(1,470,761)	$62,659	$48,436,671
Net (loss) in 2025					(590,329)			(590,329)
Other comprehensive loss, net of tax in 2025					635,516	(861,274)	6,817	(218,941)
Total comprehensive loss	-	-	-	-	45,187	(861,274)	6,817	(809,270)
Difference between consideration and carrying amount of subsidiaries acquired or disposed		(29,980)				3,048		(26,932)
Balance as of December 31, 2025	$29,080,608	$1,895,238	$7,383,663	$5,102,550	$6,397,921	$(2,328,987)	$69,476	$47,600,469

The accompanying notes are an integral part of the parent company only financial statements.

English Translation of Financial Statements Originally Issued in Chinese
TAIWAN GLASS INDUSTRIAL CORPORATION
PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS
For the years ended December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars)

	For the years ended December 31,
	2025	2024
Cash flows from operating activities:
(Loss) before income tax	$(526,720)	$(1,532,106)
Adjustments:
Depreciation	1,640,031	1,287,401
Amortization	1,717	3,492
Expected credit losses	4,839	7,446
Interest expense	473,117	496,820
Interest income	(65,147)	(20,284)
Dividend income	(19,748)	(12,173)
Share of loss of subsidiaries, associates and joint ventures	1,685,832	1,906,368
(Gains) losses on disposal of property, plant and equipment	(3,221)	1,139
(Gains) on disposal of non-current assets classified as held for sale	(129,242)	-
Unrealized intercompany profit (loss)	20,900	(140,110)
Realized intercompany loss (profit)	140,110	60,908
Changes in assets and liabilities:
Notes receivable	2,594	46,722
Accounts receivable	(1,720,100)	(200,845)
Other receivables	(34,928)	5,995
Inventories	(171,202)	139,825
Prepayments	51,611	(33,946)
Other current assets	(3,750)	(2,317)
Contract liabilities	(32,438)	288,601
Accounts payable	43,531	263,111
Other payable	86,378	133,604
Provisions	70,297	-
Advanced receipts	-	(618)
Other current liabilities	52,660	12,747
Net defined benefit liability	(148,122)	(134,450)
Cash inflow generated from operations	1,418,999	2,577,330
Interests received	65,147	20,284
Dividends received	19,748	12,173
Interests paid	(472,384)	(489,863)
Income tax (paid) refund	(9,124)	8,599
Net cash flows provided by operating activities	1,022,386	2,128,523
Cash flows from investing activities:
Proceeds from capital reduction of investments accounted for using equity method	1,235,047	944,962
Proceeds from disposal of non-current assets held for sale	135,220	-
Acquisition of property, plant classified as and equipment, excluding capitalized borrowing cost	(2,821,894)	(1,509,598)
Capitalized borrowing costs from self-constructed assets	(28,681)	(11,691)
Proceeds from disposal of property, plant and equipment	13,025	465
Increase in refundable deposits	-	(60,375)
Decrease in refundable deposits	63,160	-
Increase in other receivables due from related parties	(23,971)	-
Acquisition of intangible assets	(3,490)	(3,594)
Net cash flows (used in) investing activities	(1,431,584)	(639,831)
Cash flows from financing activities:
Increase in short-term loans	10,700,000	6,650,000
Decrease in short-term loans	(9,100,000)	(7,100,000)
Increase in short-term bills payable	17,520,000	16,320,000
Decrease in short-term bills payable	(17,520,000)	(16,320,000)
Proceeds from long-term loans	8,536,666	4,700,000
Repayments of long-term loans	(8,480,000)	(5,081,970)
Decrease in deposits-in	(161)	(733)
Payments of lease liabilities	(47,314)	(47,910)
Cash dividends paid	(256)	(1,981)
Net cash flows provided by (used in) financing activities	1,608,935	(882,594)
Net increase in cash and cash equivalents	1,199,737	606,098
Cash and cash equivalents at the beginning of the year	1,891,890	1,285,792
Cash and cash equivalents at the end of the year	$3,091,627	$1,891,890

The accompanying notes are an integral part of the parent company only financial statements.

24 -

English Translation of Consolidated Financial Statements Originally Issued in Chinese
TAPFAN GLASS INDUSTRIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars)

ASSETS	NOTE	As of December 31,				LIABILITIES AND EQUITY	NOTE	As of December 31,
		2025	%	2024	%			2025	2024
Current assets						Current liabilities
Cash and cash equivalents	4, 6(1)	$8,735,559	10	$8,632,705	10	Short-term loans	6(14), 7, 8	$7,386,412	8	$5,325,038	6
Current Financial assets at fair value through profit or loss	4, 6(2)	2,034,579	2	2,007,417	2	Short-term bills payable	6(15)	4,067,909	4	4,069,058	5
						Current contract liabilities	4, 6(22)	1,359,373	1	1,332,937	1
Current Financial assets at amortized cost	4, 6(3)	326,745	-	173,819	-	Notes payable	7	1,151,164	1	1,412,581	2
Current contract assets	4, 6(22), 6(23)	62,570	-	41,792	-	Accounts payable		6,006,746	7	6,345,375	7
Notes receivable, net	4, 6(4), 6(14), 6(23), 7, 8	6,455,291	7	7,122,574	8	Accounts payable to related parties	7	987,680	1	1,114,842	1
Accounts receivable, net	4, 6(5), 6(23), 7, 12(11)	6,875,668	8	5,032,901	6	Other payables	6(16)	2,368,558	3	2,253,053	2
Other receivables, net	4, 6(6), 6(23), 7	110,432	-	91,984	-	Other payables to related parties	6(16), 7	837,850	1	1,083,882	1
Current tax assets	4	12,023	-	50,965	-	Current income tax liabilities	4	94,841	-	56,165	-
Inventories, net	4, 6(7)	10,682,490	12	11,094,995	12	Current provisions	4, 6(20)	70,297	-	-	-
Prepayments	6(8)	1,305,389	1	1,514,109	2	Current lease liabilities	4, 6(25), 7	39,462	-	50,959	-
Other current financial assets	8	733,415	1	628,464	1	Current portion of long-term loans	6(17), 7	4,593,333	5	8,080,000	9
Other current assets, others		7,970	-	3,977	-	Other current liabilities, others	7	118,566	-	71,391	-
Total current assets		37,342,131	41	36,395,702	41	Total current liabilities		29,082,191	31	31,195,281	34
						Non-current liabilities
						Long-term loans	6(17), 7	9,363,333	11	5,820,000	7
						Deferred tax liabilities	4, 6(29)	903,750	1	759,935	1
						Non-current lease liabilities	4, 6(25), 7	45,161	-	61,158	-
						Long-term deferred revenue	4, 6(18)	932,712	1	999,386	1
Non-current assets						Deposits-in	7	173,267	-	172,704	-
						Total non-current liabilities		11,418,223	13	7,813,183	9
Non-current financial assets at fair value through other comprehensive income	4, 6(9)	447,432	1	440,615	-	Total liabilities		40,500,414	44	39,008,464	43
Non-current assets at amortized cost	4, 6(1)	-	-	136,825	-
Investments accounted for using the equity method	4, 6(10)	6,534,645	7	7,258,821	8
Property, plant and equipment	4, 6(11), 7, 8	41,754,525	46	42,172,590	47
Right-of-use assets	4, 6(25), 7	2,340,239	3	2,482,495	3
Intangible assets	4, 6(12), 6(27)	4,708	-	3,349	-	Capital	6(21)
Deferred tax assets	4, 6(29)	362,760	-	364,715	-	Common stock		29,080,608	32	29,080,608	32
Refundable deposits	7	239,381	-	329,508	-	Additional paid-in capital	4, 6(21), 6(31)	1,895,238	2	1,925,218	2
Other net defined benefit assets	4, 6(19)	1,564,199	2	621,373	1	Retained earnings	6(21)
Other non-current assets, other	4, 6(13), 6(23)	235,305	-	169,739	-	Legal reserve		7,383,663	8	7,383,663	8
Total non-current assets		53,483,194	59	53,980,030	59	Special reserve		5,102,550	6	5,102,550	6
						Unappropriated retained earnings		6,397,921	7	6,352,734	7
						Total retained earnings		18,884,134	21	18,838,947	21
						Other components of equity
						Exchange differences on translation of foreign operations	4	(2,328,987)	(2)	(1,470,761)	(1)
						Unrealized gains and losses on financial assets at fair value through other comprehensive income		69,476	-	62,659	-
						Total other components of equity		(2,259,511)	(2)	(1,408,102)	(1)
						Total equity attributable to stockholders of the parent		47,600,469	53	48,436,671	54
						Non-controlling interests	6(21)	2,724,442	3	2,930,597	3
						Total equity		50,324,911	56	51,367,268	57
Total assets		$90,825,325	100	$90,375,732	100	Total liabilities and equity		$90,825,325	100	$90,375,732	100

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

English Translation of Consolidated Financial Statements Originally Issued in Chinese
TAIWAN GLASS INDUSTRIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
For the years ended December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars Except Earnings Per Share Information)

	Note	For the years ended December 31,
		2025		2024
		Amount	%	Amount	%
Operating revenues	4,6(22), 7	$41,494,382	100	$42,502,810	100
Operating costs	6(7), 6(12), 6(19), 6(20), 6(25), 6(26), 7	(36,679,677)	(88)	(38,830,680)	(91)
Gross profit		4,814,705	12	3,672,130	9
Operating expenses	6(12), 6(19), 6(23), 6(25), 6(26), 7
Selling and marketing expenses		(2,638,314)	(7)	(2,695,324)	(7)
General and administrative expenses		(1,368,096)	(3)	(1,331,945)	(3)
Research and development expenses		(878,630)	(2)	(956,530)	(2)
Expected credit losses	6(23)	(17,713)	-	(2,327)	-
Subtotal		(4,902,753)	(12)	(4,986,126)	(12)
Net amount of other revenues and gains and expenses and losses	6(24), 7	458,951	1	27,870	-
Operating income(loss)		370,903	1	(1,286,126)	(3)
Non-operating income and expenses	4,6(10), 6(12), 6(23), 6(27), 6(31), 7
Interest income		118,892	-	104,036	-
Other income		596,631	2	754,940	2
Other gains and losses		(447,010)	(1)	(291,886)	(1)
Finance costs		(599,762)	(2)	(642,445)	(1)
Expected credit losses		(1,040)	-	(7,800)	-
Share of income of associates and joint ventures		(629,348)	(2)	94,313	-
Subtotal		(961,637)	(3)	11,158	-
(Loss) from continuing operations before income tax		(590,734)	(2)	(1,274,968)	(3)
Income tax (expense) benefit	4,6(29)	(116,228)	-	(479,486)	(1)
Net (loss) from continuing operations		(706,962)	(2)	(1,754,454)	(4)
Other comprehensive income	4,6(10), 6(19), 6(28)
Other comprehensive income that will not be reclassified subsequently:
Remeasurement of defined benefit obligation		794,409	2	(7,365)	-
Unrealized gains (losses) on equity instruments investment at fair value through other comprehensive income		6,817	-	101,062	-
Income tax related to components of other comprehensive income that will not be reclassified subsequently		(158,881)	-	1,473	-
Other comprehensive income that will be reclassified subsequently:
Exchange differences on translation of foreign operations		(820,478)	(2)	2,183,105	5
Share of other comprehensive income of associates and joint ventures		(94,828)	-	333,119	1
Income tax related to components of other comprehensive income that will be reclassified subsequently		-	-	-	-
Total other comprehensive (loss) income, net of tax		(272,961)	-	2,611,394	6
Total comprehensive income		$(979,923)	(2)	$856,940	2
Net loss attributable to :
Stockholders of the parent		$(590,329)	(2)	$(1,571,562)	(4)
Non-controlling interests		(116,633)	-	(182,892)	-
		$(706,962)	(2)	$(1,754,454)	(4)
Comprehensive (loss) income attributable to:
Stockholders of the parent		$(809,270)	(2)	$881,614	2
Non-controlling interests		(170,653)	-	(24,674)	-
		$(979,923)	(2)	$856,940	2
Earnings per share (NTD)	6(30)
Earnings per share-basis		$(0.20)		$(0.54)

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

27 -

English Translation of Consolidated Financial Statements Originally Issued in Chinese
TAIWAN GLASS INDUSTRIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY
For the years ended December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars)

EQUITY ATTRIBUTABLE TO THE PARENT COMPANY
	Capital	Capital surplus	Legal Reserve	Special Reserve	Unappropriated Retained Earnings	Exchange Differences on Translation of Foreign Operations	Unrealized Losses on Financial Assets at Fair Value through Other Comprehensive Income	Total	Non-controlling Interests	Total Equity
Balance as of 1 January 2024	$29,080,608	$1,925,218	$7,383,663	$5,102,550	$7,930,305	$(3,828,884)	$(38,403)	$47,555,057	$3,155,525	$50,710,582
Net loss in 2024					(1,571,562)			(1,571,562)	(182,892)	(1,754,454)
Other comprehensive income, net of tax in 2024					(6,009)	2,358,123	101,062	2,453,176	158,218	2,611,394
Total comprehensive income	-	-	-	-	(1,577,571)	2,358,123	101,062	881,614	(24,674)	856,940
Changes in non-controlling interests									(200,254)	(200,254)
Balance as of December 31, 2024	$29,080,608	$1,925,218	$7,383,663	$5,102,550	$6,352,734	$(1,470,761)	$62,659	$48,436,671	$2,930,597	$51,367,268
Balance as of January 1, 2025	$29,080,608	$1,925,218	$7,383,663	$5,102,550	$6,352,734	$(1,470,761)	$62,659	$48,436,671	$2,930,597	$51,367,268
Net loss in 2025					(590,329)			(590,329)	(116,633)	(706,962)
Other comprehensive loss, net of tax in 2025					635,516	(861,274)	6,817	(218,941)	(54,020)	(272,961)
Total comprehensive loss	-	-	-	-	45,187	(861,274)	6,817	(809,270)	(170,653)	(979,923)
Difference between consideration and carrying amount of subsidiaries acquired or disposed		(29,980)				3,048		(26,932)	(35,502)	(62,434)
Balance as of December 31, 2025	$29,080,608	$1,895,238	$7,383,663	$5,102,550	$6,397,921	$(2,328,987)	$69,476	$47,600,469	$2,724,442	$50,324,911

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

English Translation of Consolidated Financial Statements Originally Issued in Chinese
TAIWAN GLASS INDUSTRIAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
For the years ended December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars)

	For the years ended December 31,
	2025	2024
Cash flows from operating activities:
(Loss) before income tax	$(590,734)	$(1,274,968)
Adjustments:
Adjustments to reconcile profit (loss):
Depreciation (including right-of-use assets)	4,535,035	4,702,653
Amortization	2,192	4,858
Expected credit losses	18,753	10,127
(Gains) on financial liabilities at fair value through profit	(34,843)	(98,187)
Interest expenses	599,762	642,445
Interest income	(118,892)	(104,036)
Dividend income	(19,748)	(12,173)
Share of profit or loss of associates and joint ventures accounted for using equity method	629,348	(94,313)
(Gains) on disposal of property, plant and equipment	(458,951)	(27,870)
(Gains) on disposal of non-current assets classified as held for sale	(129,242)	-
Losses on disposal of investments	-	29,835
Impairment loss on non-financial assets	-	30,612
Changes in operating assets and liabilities:
Financial assets at fair value through profit or loss, mandatorily measured at fair value	(30,001)	2,127,652
Contract assets	(21,137)	95,201
Notes receivable	668,829	1,529,473
Accounts receivable	(1,856,501)	(1,094,032)
Other receivables	(18,871)	140,560
Inventories	412,505	149,935
Prepayments	208,720	(186,853)
Other current assets	(3,993)	161
Current other financial assets	(104,951)	234,978
Other operating assets	(14,319)	1,334
Contract liabilities	26,436	127,892
Notes payable	(261,417)	306,740
Accounts payable	(465,791)	(922,348)
Other payable	36,530	223,717
Provisions	70,297	-
Other current liabilities	47,175	(46,979)
Net accrued pension liability	(148,417)	(134,748)
Long-term deferred revenue	(45,995)	(78,980)
Cash inflow generated from operations	2,931,779	6,282,686
Interests received	118,892	104,036
Dividends received	19,748	12,173
Interests paid	(600,910)	(641,337)
Income tax paid	(51,721)	(500,160)
Net cash flows provided by operating activities	2,417,788	5,257,398
Cash flows from investing activities:
Acquisition of financial assets at amortized cost	(16,101)	-
Disposal of financial assets at amortized cost	-	76,380
Disposal of subsidiaries	-	125,076
Proceeds from disposal of non-current assets held for sale	135,220	-
Acquisition of property, plant classified as and equipment, excluding capitalized borrowing costs	(4,700,865)	(4,030,876)
Proceeds from disposal of property, plant and equipment	625,167	47,569
Increase in refundable deposits	-	(120,562)
Decrease in refundable deposits	90,127	-
Acquisition of intangible assets	(3,575)	(4,132)
Dividends received	-	395,722
Interest paid for constructing plant	(47,089)	(38,215)
Net cash flows (used in) investing activities	(3,917,116)	(3,549,038)
Cash flows from financing activities:
Increase in short-term loans	12,196,264	8,168,427
Decrease in short-term loans	(10,071,707)	(7,697,389)
Increase in short-term bills payable	17,520,000	16,320,000
Decrease in short-term bills payable	(17,520,000)	(16,320,000)
Proceeds from long-term loans	8,536,666	4,700,000
Repayments of long-term loans	(8,480,000)	(5,441,072)
Increase in deposits-in	563	23,427
Increase in other payables to related parties	91,655	236,121
Decrease in other payable to related parties	(296,877)	(155,141)
Payments of lease liabilities	(55,227)	(53,861)
Decrease in other non-current liabilities	-	(20,599)
Cash dividends paid	(256)	(1,981)
Changes in non-controlling interests	(62,434)	(156,038)
Net cash flows from provided by (used in) financing activities	1,858,647	(398,106)
Effects of exchange rate changes on cash and cash equivalents	(256,465)	648,929
Net increase in cash and cash equivalents	102,854	1,959,183
Cash and cash equivalents at the beginning of the year	8,632,705	6,673,522
Cash and cash equivalents at the end of the year	$8,735,559	$8,632,705

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

28 -

Ratification Item 2
(Motion from TGI Board of Directors)
2025 Earning Distribution
Explanation: The Earning Distribution is as follows.
Resolution:
TGI Stockholders’ Meeting June 12, 2026
Unit: NT$

Item	Amount
	Subtotal	Total
Un-appropriated Retained Earnings at Beginning		6,352,734,125
Add: Consolidated Income and Loss (The Actuarial Income and Loss after Determining Welfare Plan (2025))	635,515,834
2025 Net Loss After Tax	(590,329,068)	45,186,766
Allowance Items:
Legal Reserve 10%	(4,518,677)	(4,518,677)
Subtotal of Distributable Net Profit		6,393,402,214
Dividends Distribution 2,908,060,800 shares NT$0/@ share
Bonus of Stockholders – Stock NT$ 0/@ share	0
-Cash NT$0/@ share	0	0
Un-appropriated Retained Earnings		6,393,402,214

29 -

30 -
Motions:

Appendix I:

Number of Shares Held by All Directors

TGI Stockholders' Meeting June 12, 2026

Title	Corporate Representative	Appointment Date	Term	Number of Shares Held on Appointment Date		Number of Shares Held Up to the Date of Book Closure
				Shares	Rate (%)	Shares	Rate (%)
Chairman	Lin, P. F.	July 7, 2024 to July 6, 2027	3 years	20,603,512	0.71%	20,603,512	0.71%
Director	Lin, P. S.			14,897,934	0.51%	14,897,934	0.51%
	Lin, P. C.			6,191,002	0.21%	6,191,002	0.21%
	Lim, H. T.			10,337,628	0.36%	10,337,628	0.36%
	Peng, C. H.			10,000	0.00034%	10,000	0.00034%
	Tai Hong Investment Corp. Hsu, L. L.			420,137,922	14.44%	420,137,922	14.44%
	Tai Hong Investment Corp. Lin, C. H.
	Tai Hong Investment Corp. Lin, C. Y.
	Ho Ho Investment Corp. Lin, C. M.			402,748,231	13.84%	402,748,231	13.84%
	Lien, S. W.			25,000	0.00086%	25,000	0.00086%
Independent Director	Lin, S. C.			0	0%	0	0%
	Lin, Z. Y.			0	0%	0	0%
	Wang, Y. C.			0	0%	0	0%
	Chen, H. M.	June 11, 2025 to July 6, 2027	2 years	0	0%	0	0%
	Lin, M. L.			0	0%	0	0%
Total Number of Shares Held by 15 Directors				874,951,229	30.09%	874,951,229	30.09%

Note: 1. Total Issued Shares:
2. Legal Shares of Directors:
2,908,060,800 shares (100.0%)
87,241,824 shares (3.0%)

32 -

Appendix II:
Earning Distribution Approved by the Board of Directors

Not applicable since no earning distribution will be made for 2025.

33 -

Appendix III:
The Impact of Stock Dividend Issuance on Business Performance and EPS

The 2025 financial forecast of the Company is still not necessary to be disclosed up to the date of Stockholders’ Meeting.

Appendix IV:
Articles of Incorporation of Taiwan Glass Industry Corporation
Amended on June 11, 2025

Chapter I. General Provisions

Article 1
The Company is named Taiwan Glass Industry Corporation and is incorporated under the provisions on joint stock company limited set forth in the Republic of China (ROC) Company Law.

Article 2
The business scope of the Company is as follows:
1. C901020 Glass and Glass Made Products Manufacturing
2. F106050 Wholesale of Pottery, Porcelain and Glassware
3. F107990 Wholesale of Other Chemical Products
4. F207990 Retail Sale of Other Chemical Products
5. CB01010 Machinery and Equipment Manufacturing
6. F401010 International Trade
7. E801040 Glass Construction
8. F105050 Wholesale of Furniture, Bedclothes Kitchen Equipment and Fixtures
9. F205040 Retail sale of Furniture, Bedclothes, Kitchen Equipment and Fixtures
10. F106020 Wholesale of Articles for Daily Use
11. F206020 Retail Sale of Articles for Daily Use
12. I501010 Product Designing
13. F213050 Retail Sale of Metrological Instruments
14. F213010 Retail Sale of Household Appliance
15. F501060 Restaurants
16. ZZ99999 -- besides permitted business, the Company is allowed to operate business that is not prohibited by any laws.

Article 2-1
The Company may provide endorsement and guarantee and act as a guarantor.

Article 3
The Company’s overseas investment is not subject to the limitation stipulated in Article 13 of R.O.C Company Law.

Article 4
The Company is located in Taipei City and sets its factory in Hsinchu City, Taichung City, Taoyuan City and Changhua County, and sets its sand quarry and sand washing factory in Miaoli County, and may form either domestic or foreign branches if necessary.

Article 5
(Delete)

Chapter II. Shares

Article 6
The total capital of the Company amounts to NT$30 billion, which is represented by 3 billion shares of NT$10 par value per share. The shares are to be issued in several times authorized by the Board of Directors.

Article 7
The share certificates issued by the Company are in registered form and are issued in accordance with the Company Act and other relevant laws and regulations. Shares issued in accordance with the preceding paragraph are exempt from printing of stock certificates, but the shares should be registered with a centralized securities depository.

34 -

Article 8
The stockholders shall inform the Company about their true names and addresses, and submit their signature cards to the Company for recordation. All claims for dividends and bonuses, exercising of stockholders rights or contacts in writing with the Company shall be authenticated by the said seals.

Article 9
All transfer of stocks, pledge of rights, loss, succession, gift, loss of seal, amendment of seal, and similar stock transaction conducted by stockholders of the Company shall follow the “Guidelines for Stock Operations for Public Companies” unless specified otherwise by law and securities regulations.

Article 10
(Delete)

Article 11
Stock transfer registrations shall be suspended sixty days preceding each regular stockholders’ meeting, thirty days preceding a temporary stockholders’ meeting, or five days preceding the base day for distribution to stockholders of dividends, bonuses, or other privileges as determined by the Company.

Chapter III. Stockholders’ Meetings

Article 12
The regular meeting is to be called once every year and summoned by the Board of Directors in the Company within six months of the close of each fiscal year. If necessary, a temporary meeting may be summoned in accordance with the laws.

Article 12-1
The Company’s stockholders’ meeting can be held by means of visual communication network or other methods promulgated by the central competent authority.

Article 13
The chairman of the Board of Directors in the Company shall be the chairperson of a stockholders’ meeting. In case that the chairman of the Board asks for leave or fails to perform his duty due to certain reason, the chairperson may designate one of the directors to represent him; in the event he has not designated any representative, the directors shall elect one from among themselves to represent him.

Article 14
Stockholders shall have one vote for each share they hold. The Company owns shares held by law, but no voting rights. When a stockholder is unable to attend a stockholders’ meeting, he/she may delegate a proxy to attend it on behalf of him by completing a power-of-attorney, specifying the scope of authorization.

Article 15
The meeting of the stockholders may be held if attended by more than one-half of total stockholders. Unless otherwise provided by law, resolutions of stockholders’ meeting require the presence of stockholders who represent more than one-half of the totals issued shares of the Company and shall be adopted by a majority vote of the stockholders present.

35 -

Chapter IV. Directors

Article 16
The Company shall have nine to fifteen directors, including more than three independent directors to be elected by the stockholders’ meeting from among stockholders with disposing capacity.
However, the total ratio of the name-bearing shares held by all directors shall not be less than five percentage of paid-in capital of the Company.
Directors shall be elected by adopting candidates’ nomination system, the nomination of directors and related announcement shall comply with the relevant regulations of the law
The stockholders who held more than one percent of the total number of issued shares could summit the nomination of the candidates and necessary documents comply with relevant regulations in writing during the public announcement of the Company, and the number of the director nomination shall not exceed the number of directors to be elected; likewise, the number of candidates nominated by the Board of Directors shall not exceed the number of directors to be elected.

Article 17
The term of office for directors shall be three years, and all directors shall be eligible for re-election.

Article 18
The chairman shall be elected among the directors and on behalf of the Company presided over all the business.

Article 19
The Board of Directors shall be established at least quarterly and convened by the chairman of the Board of Directors. The convened notice of the Board of Directors shall be in the written notice, fax, or e-mail. When a director is unable to attend the meeting of the Board of Directors, he may appoint another director to attend on his behalf of the meeting of the Board of Directors. The chairman shall have the right to execute documents in accordance with the resolutions of the Board of Directors when the Board is not in session. Except as provided in Article 185 of the Company Law, other matters related to the sale, setting, creation of mortgage, and cancellation of real estates shall be decided by the Board of Directors.

Article 20
In compliance with laws and regulations, the Company shall establish an Audit Committee, which shall consist of all independent directors.

Article 21
(Delete)

Article 22
(Delete)

Article 23
The Board of Directors is authorized to prescribe remuneration to chairman and directors according to the extent of their contribution and participation to the Company.

Chapter V. Managers

Article 24
The Company shall have one president and several vice presidents according to the organization and the need of business of the Company. The appointment, dismissal and remuneration of president and vice presidents shall be authorized by the Board of Directors.

36 -

Chapter VI. Final accounts of revenue and earnings distribution

Article 25
At the end of a fiscal year, the Board of Directors shall prepare and deliver the following statements and reports to Audit Committee for auditing purposes and submit to the general stockholders meeting for recognition.
1. The business report.
2. The financial statements.
3. Motions relating to the earnings distribution or appropriation to cover loss.

Article 26
If there is any profit in the annual revenue, the Company shall allocate one point five percent (1.5%) of the net profit to employees as remuneration, with not less than fifty percent (50%) of this amount designated for grassroots employees, and not more than one point five percent (1.5%) of the net profit to directors as remuneration. If there is any accumulated deficit, the amount of restitution shall be reserved first.

Article 26-1
If there is any profit after annual accounting, it shall be allocated with the following order.
1. To restitute deficits.
2. To allocate ten percent (10%) of net profits to a legal reserve. If the legal reserve has reached the amount of Capital, it is no limitation.
3. To allocate special reserve.
4. After allocation of Item 1~3 above mentioned, If there is any net profit remaining, the Board of Directors shall prepare a distribution proposal and submit to the stockholders' meeting for resolution.

For sound financial planning, appropriate dividend strategies shall be made according to the annual actual operating situation, Capital budget of next annual, and the necessary of supporting capital by profits for sustainable operation and development. After deducted Item 1 to 3 above from Income, the dividends and bonuses above mentioned shall not be lower than 50% of the earnings. Only when the dividends and bonuses is lower than 1% of capital, it can be resolved to transfer all of them to retained earnings and not to be distributed. The rate of distributing cash dividends shall not be lower than 20% of total dividends.

Article 27
Until the accumulated legal capital reserve has equaled the total share of capital, may stop appropriating by the resolution in the stockholders' meeting.

Chapter VII. Appendix

Article 28
The internal organization of the Company and the detailed procedures of business operation were adopted separately.

Article 28-1
The rules of stockholders' meeting in the Company comply with regulations of Financial Supervisory Commission, Executive Yuan, R.O.C.

Article 29
In regard to all matters not provided for in these Articles of Incorporation, the Company Law of the Republic of China shall govern.

Article 30
The present Articles of Incorporation was adopted on August 25, 1964.
The first Amendment was on August 25, 1966.
The second Amendment was on October 29, 1966.
The third Amendment was on September 16, 1967.
The fourth Amendment was on February 29, 1968.
The fifth Amendment was on July 5, 1968.
The sixth Amendment was on April 5, 1969.
The seventh Amendment was on April 14, 1970.
The eighth Amendment was on May 8, 1971.
The ninth Amendment was on March 31, 1973.

The tenth Amendment was on April 27, 1974.
The eleventh Amendment was on February 1, 1975.
The twelfth Amendment was on April 30, 1975.
The thirteenth Amendment was on April 21, 1976.
The fourteenth Amendment was on March 31, 1977.
The fifth Amendment was on March 18, 1978.
The sixteenth Amendment was on March 28, 1979.
The seventeenth Amendment was on March 1, 1980.
The eighteenth Amendment was on August 15, 1980.
The nineteenth Amendment was on March 28, 1981.
The twentieth Amendment was on March 27, 1982.
The twenty-first Amendment was on March 19, 1983.
The twenty-second Amendment was on March 17, 1984.
The twenty-third Amendment was on March 28, 1985.
The twenty-fourth Amendment was on September 7, 1985.
The twenty-fifth Amendment was on March 21, 1986.
The twenty-sixth Amendment was on March 14, 1987.
The twenty-seventh Amendment was on July 6, 1987.
The twenty-eighth Amendment was on March 19, 1988.
The twenty-ninth Amendment was on March 18, 1989.
The thirtieth Amendment was on March 17, 1990.
The thirty-first Amendment was on March 12, 1991.
The thirty-second Amendment was on March 25, 1992.
The thirty-third Amendment was on March 26, 1993.
The thirty-fourth Amendment was on April 1, 1994.
The thirty-fifth Amendment was on March 31, 1995.
The thirty-sixth Amendment was on March 28, 1996.
The thirty-seventh Amendment was on March 28, 1997.
The thirty-eighth Amendment was on May 8, 1998.
The thirty-ninth Amendment was on April 28, 2000.
The fortieth Amendment was on March 30, 2001.
The forty-first Amendment was on May 31, 2002.
The forty-second Amendment was on May 28, 2003.
The forty-third Amendment was on May 13, 2004.
The forty-fourth Amendment was on April 29, 2005.
The forty-fifth Amendment was on June 9, 2006.
The forty-sixth Amendment was on June 8, 2007.
The forty-seventh Amendment was on June 11, 2008.
The forty-eighth Amendment was on June 10, 2009.
The forty-ninth Amendment was on May 26, 2010.
The fiftieth Amendment was on May 25, 2011.
The fifty-first Amendment was on June 5, 2012.
The fifty-second Amendment was on June 10, 2013.
The fifty-third Amendment was on June 9, 2014.
The fifty-fourth Amendment was on June 9, 2015.
The fifty-fifth Amendment was on June 17, 2016.
The fifty-sixth Amendment was on June 5, 2020.
The fifty-seventh Amendment was on July 2, 2021.
The fifty-eighth amendment on June 9, 2022.
The fifty-ninth amendment on June 7, 2024.
The sixtieth amendment on June 11, 2025.

38 -

AI assistant

TGI AGM Information 2026

51924_rns_2026-05-12_237c9e75-f7fa-447a-8e72-83761340a64c.pdf

台湾玻璃工業公司

TAIWAN GLASS IND. CORP.

Handbook for 2026 Annual Meeting of Stockholders

Financial Report:

Business Operation Strategy, Law Compliance & Economic Impact Analysis:

Brief of Technology and R&D:

Independent Auditors’ Report Translated from Chinese

Opinion

Basis for Opinion

Key Audit Matters

Valuation of Inventories

Revenue Recognition

Responsibilities of Management and Those Charged with Governance for the Financial Statements

Auditors’ Responsibilities for the Audit of the Financial Statements

Notice to Readers

Independent Auditors’ Report Translated from Chinese

Opinion

Basis for Opinion

Key Audit Matters

Impairment Valuation of Non-financial assets

Valuation of Inventories

Revenue Recognition

Other Matter

Responsibilities of Management and Those Charged with Governance for the Consolidated Financial Statements

Auditors’ Responsibilities for the Audit of the Consolidated Financial Statements

Notice to Readers

2025 Business Report and Financial Statements Report

English Translation of Financial Statements Originally Issued in Chinese

TAIWAN GLASS INDUSTRIAL CORPORATION

PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME

Chapter I. General Provisions

Chapter II. Shares

Chapter III. Stockholders’ Meetings

Chapter VI. Final accounts of revenue and earnings distribution

Chapter VII. Appendix

AI assistant

TGI — AGM Information 2026

51924_rns_2026-05-12_237c9e75-f7fa-447a-8e72-83761340a64c.pdf

台湾玻璃工業公司

TAIWAN GLASS IND. CORP.

Handbook for 2026 Annual Meeting of Stockholders

Financial Report:

Business Operation Strategy, Law Compliance & Economic Impact Analysis:

Brief of Technology and R&D:

Independent Auditors’ Report Translated from Chinese

Opinion

Basis for Opinion

Key Audit Matters

Valuation of Inventories

Revenue Recognition

Responsibilities of Management and Those Charged with Governance for the Financial Statements

Auditors’ Responsibilities for the Audit of the Financial Statements

Notice to Readers

Independent Auditors’ Report Translated from Chinese

Opinion

Basis for Opinion

Key Audit Matters

Impairment Valuation of Non-financial assets

Valuation of Inventories

Revenue Recognition

Other Matter

Responsibilities of Management and Those Charged with Governance for the Consolidated Financial Statements

Auditors’ Responsibilities for the Audit of the Consolidated Financial Statements

Notice to Readers

2025 Business Report and Financial Statements Report

English Translation of Financial Statements Originally Issued in Chinese

TAIWAN GLASS INDUSTRIAL CORPORATION

PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME

Chapter I. General Provisions

Chapter II. Shares

Chapter III. Stockholders’ Meetings

Chapter VI. Final accounts of revenue and earnings distribution

Chapter VII. Appendix

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