PSA
Stock Code : 2492

Walsin Technology Corporation

2026 Annual Shareholders' Meeting Agenda Handbooks

(Translation)

Time : 9:30 a.m. on Friday, June 12, 2026

Location : No. 3, Qingnian Rd., Yangmei Dist., Taoyuan City 326, Taiwan (R.O.C.) (Meeting Room No.E68,China-Motor Training Center)

This document is prepared in accordance with the Chinese version and is for reference only. In the event of any discrepancy between the Chinese version and this content, the Chinese version shall prevail.

Walsin Technology Corporation

2026 Annual Shareholders' Meeting Handbook

Chapter 1. Meeting Procedure and Agenda

Announcements...4
Proposals...5
Extempore Motions or Other Matters ...7
Adjournment ...7

Chapter 2. Attachments

2025 Business Report...8
2025 Consolidated Financial Statements and Parent Company Only Financial Statements...10
Audit Committee's Review Report...32
Shareholding of Directors...34
Plan of Transferring the Repurchased Shares and Implementation Status Of Repurchasing Company's stock...35
Material Transactions with Related Parties in 2025...40

Chapter 3. Regulations

Articles of Association...42
Rules of Procedures for Shareholders' Meetings...48

Walsin Technology Corporation

Procedure and Agenda for 2026 Annual Shareholders' Meeting

I. Time: 9:30 a.m. on Friday, June 12, 2026

II. No. 3, Qingnian Rd., Yangmei Dist., Taoyuan City Taiwan (R.O.C.) (Meeting Room No.E68, China-Motor Training Center)

III. Method for convening the shareholders' meeting: Physical shareholders' meeting

IV. Meeting Agenda:

Meeting called to order
Chairperson in place
Announcements
(1) 2025 Business Report
(2) Audit Committee's Audit Report
(3) The distribution report of compensation of the employees and directors for Year 2025.
(4) Other Matters.
Proposals
(1) Approval of 2025 Business Report and financial statements
(2) Approval of 2025 Earnings Distribution
Extempore Motions or Other Matters
Adjournment

Announcements

Business Report:
The Company's 2025 Business Report and Financial Statements
Please refer to Attachment 1 and 2 on #page8-31# of the Handbook.
Audit Committee's Audit Report:
Please refer to Attachment 3 on #page32-33# of the Handbook.
The distribution report of compensation of the employees and directors for Year 2025.
3.1. In accordance with Article 31 of the Company's Articles, if the Company makes a profit in a fiscal year, 2% to 10% shall be allocated to employee compensation (of which no less than 50% shall be distributed to rank-and-file employees) and no more than 2% shall be allocated to directors' compensation.
3.2. The distribution of employee and director compensation for the Company in 2025 was approved by the Board of Directors. Employee compensation was NT$57,826,746 (of which NT$46,700,746 was distributed to rank-and-file employees) and director compensation was NT$25,700,776, all paid in cash.
Other matters:
(1) Report the Shareholding of Directors
Please refer to Attachment 4 on #page34# of the Handbook for the shareholding of Directors.
The shareholdings of all of the Company's directors have all met the requirement for the statutory shareholding ratio.
(2) Implementation status of repurchasing Company's stock: Please refer to Attachment 5 on #page35-39# of the Handbook for the implementation status of repurchasing Company's stock.
(3) Report on the material transactions between the Company and its related parties in 2025. Please refer to Attachment 6 on #page40-41# of the Handbook.
(4) During the period from March 27, 2026 to April 07, 2026, none of the shareholders holding 1% shares submitted any written proposal to the Company during the period according to Article 172-1 of Company Act.

Proposals

Proposal 1
Proposed by the Board of Directors

Subject: Ratification of the Company's 2025 business report, parent company only financial statements and consolidated financial statements.

Explanation:

a. The aforesaid business report and relevant financial statements have been resolved by the Board of Directors, Financial Statements have been audited by CPA Shih Chin-Chuan and Hong Kuo-Tyan of Deloitte & Touche Taiwan. All of them were submitted to the Audit Committee for audit, which then has audited the same.

b. Please refer to Attachment 1 and 2 of the handbook from page 8.

Resolution:

Proposal 2

Proposed by the Board of Directors

Subject: Adoption of the Proposal for Appropriation of 2025 Earnings

Explanation:

a. The proposal for 2025 appropriation of earnings was already resolved in the 17th Term 6th Board of Directors meeting convened and reviewed by the Audit Committee meeting.

b. The net profit after tax as of year 2025 of the Company is NT$ 2,298,168,423. After setting aside the legal reserve of NT$ 233,158,948 and adding the adjusted undistributed retained earnings is NT$ 29,681,373,068, the total distributable retained earnings is NT$ 31,746,382,543.

c. For the Proposal of earnings distribution, it is calculated based on 485,804,774 shares (including treasury stocks 1,000,000 shares) of the company had issued shares as of the book closure date of April 17, 2026. In the event of changes of the Company's common shares, repurchase or cancellation of treasury stocks or transfer treasury stocks to employees, etc., thereby affecting the number of outstanding shares and then causing the proposed cash distribution per share to change, it is proposed that the Chairman be authorized to adjust the same based on the number of actual shares outstanding on the ex-dividend base date.

d. The above distribution, it is proposed that the Chairman be authorized to determine the ex-dividend date and related matters of cash dividend distribution after resolution is made in this shareholders' meeting. The distribution of the cash dividends shall be rounded down to the nearest New Taiwan Dollar. The aggregate of the remaining cash will be credited to Other Revenue by the Company.

e. The undistributed earnings of year 2025, the company operates for sustainable development and meet the requirements of capital expenditure, therefore, in the future, the Company is planning to use the undistributed earnings to construct or purchase buildings, software or hardware equipment or technology for use in production or operation as needed for its business, and the Company will report to the National Taxation Bureau for the deduction such investment amounts from the undistributed earnings tax base in accordance with Article 23-3 of the Statute of Industrial Innovation.

f. The proposed earnings distribution table is as below:

Walsin Technology Corporation Statement of Earnings Distribution Year 2025
Item	Total	Unit: NT$
Unallocated earnings, beginning of year	29,647,952,011
Less: Adjustments on re-measurement on define benefit plans recognized in retained earnings	(40,719,630)
Add: Disposal of investments in equity instruments at fair value through other comprehensive income	74,140,687
Adjusted unallocated earnings	29,681,373,068
Add: Net profit	2,298,168,423
Less: Legal reserve(10%)	(233,158,948)
Distributable earnings	31,746,382,543
Distribution Item:
Cash Dividends to shareholders	(1,214,511,935)	NT$2.5/per share
Unallocated earnings, end of year	30,531,870,608

Chairman: Chiao, Yu-Heng

Manager: Tseng, Ming-Tsan

Accounting Chief: Yeh, Tse-Kuang

Resolution:

Extempore Motions or Other Matters

Adjournment

[Attachment 1]

WALSIN TECHNOLOGY CORPORATION

Year 2025 Business Report

In retrospect, the global economic development situation in 2025, conditions have been highly volatile and unpredictable. Major economic events—including adjustments to U.S. tariff policies, the resurgence of trade protectionism across countries, and ongoing geopolitical conflicts—have directly and indirectly heightened investors' risk-averse sentiment and intensified instability in global economic growth.

On the industrial front, the rapid rise of AI applications has driven a surge in technological demand, leading to supply shortages in certain industries and raw materials. At the same time, the electronics industry is undergoing a global restructuring of its production and supply chains, reshaping the industrial ecosystem. For non-AI-related industries, however, market conditions remain relatively sluggish, requiring further policy stimulus to sustain demand and maintain industrial balance. Overall, the future outlook still remains mixed.

In the short term, fluctuations in U.S. tariff policies and ongoing geopolitical tensions will continue to introduce significant uncertainties into the global economic environment. Meanwhile, AI-related industries are expected to remain a key driver of global economic growth. Strong global demand for AI and high-performance computing presents favorable opportunities for AI servers and ICT products. As part of the supply chain, the passive components industry may benefit from rising prices of key raw materials, potentially entering a new cycle of structural growth and price increases.

Observing industry developments, recent anti-overcapacity measures in China have also helped curb destructive price competition among peers, allowing the market to return to a more balanced state of supply and demand. The Company has also been proactively planning investments in equipment upgrades, process optimization, quality improvement, and new product development, aiming to maintain its competitive advantage in the upcoming economic upcycle.

The consolidated revenue of the company in Year 2025 increased by about $5\%$ compared to Year 2024, mainly driven by rising demand from the server and AI-related sectors. Although overall revenue grew, net profit margins declined due to price competition in the general consumer electronics market and exchange rate fluctuations. As a result of the final annual settlement, the net profit after tax was NT$2.3 billion, and the earnings per share was NT$4.74.

Here is a summary of WALSIN's 2025 simple income statement as follows:

(In Thousands of New Taiwan Dollars, Except Earnings Per Share)

Item	2025	2024	2025 Growth rate
STATEMENTS OF COMPREHENSIVE INCOME
NET REVENUE	$18,034,483	$16,493,208	9.34%
GROSS PROFIT	1,598,484	1,471,494	8.63%
OPERATING PROFIT	755,151	553,717	36.38%
INCOME BEFORE INCOME TAX	2,486,550	3,287,316	-24.36%
NET INCOME	2,298,168	2,982,507	-22.95%
EARNINGS PER SHARE	4.74	6.15	-22.93%
CONSOLIDATED STATEMENTS OF
NET REVENUE	1,000,000	1,000,000	1.00%
GROSS PROFIT	1,000,000	1,000,000	1.00%
OPERATING PROFIT	1,000,000	1,000,000	1.00%

COMPREHENSIVE INCOME
NET REVENUE	$36,462,792	$34,755,041	4.91%
GROSS PROFIT	6,299,588	6,480,616	-2.79%
OPERATING PROFIT	2,106,005	2,182,197	-3.49%
INCOME BEFORE INCOME TAX	3,723,941	4,963,729	-24.98%
NET INCOME(Attributable to the owner of the company)	2,298,168	2,982,507	-22.95%
EARNINGS PER SHARE	4.74	6.15	-22.93%

Chairman: Chiao Yu-Heng
Manager: Tseng Ming-Tsan
Accounting Chief: Yeh Tse-Kuang

[Attachment 2]

INDEPENDENT AUDITORS' REPORT

The Board of Directors and Shareholders
Walsin Technology Corporation

Opinion

We have audited the accompanying consolidated financial statements of Walsin Technology Corporation and its subsidiaries (collectively referred to as the "Group"), which comprise the consolidated balance sheets as of December 31, 2025 and 2024, and the consolidated statements of comprehensive income, changes in equity and cash flows for the years then ended, and notes to the consolidated financial statements, material accounting policy information (collectively referred to as the "consolidated financial statements").

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

Basis for Opinion

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

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the consolidated financial statements for the year ended December 31, 2025. 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.

The key audit matter of the Group’s consolidated financial statements for the year ended December 31, 2025 is described as follows:

Revenue Recognition

The Group’s main revenue streams come from MLCC, chip resistors and radio frequency devices.

Revenue from sales of MLCC accounted for a relatively high proportion of the Group’s total revenue, and the gross profit generated from sales in certain operating regions had a significant impact on the Group’s net income. Therefore, we considered the recognition of revenue from MLCC sales in certain operating regions to be a key audit matter of the Group’s consolidated financial statements for the year ended December 31, 2025.

The audit procedures that we performed in response to the abovementioned key audit matter included understanding the design and implementation of key internal controls and selecting samples of revenue items to verify the occurrence of transactions.

Other Matter

We did not audit the consolidated financial statements of some subsidiaries and investments accounted for using the equity method included in the consolidated financial statements of the Group, but such financial statements were audited by other auditors. Our opinion, insofar as it relates to the amounts and the information disclosed for some subsidiaries and investments accounted for using the equity method, is based solely on the audit reports of other auditors. As of December 31, 2025 and 2024, the amounts of total assets of these subsidiaries (including investments accounted for using the equity method) were NT$15,578,327 thousand and NT$13,929,723 thousand, representing 14.92% and 14.03% of the consolidated total assets, respectively. For the years ended December 31, 2025 and 2024, the amounts of consolidated net operating revenue of these subsidiaries were NT$6,998,775 thousand and NT$6,793,802 thousand, representing 19.19% and 19.55% of the consolidated net operating revenue, respectively. The comprehensive income for the years ended December 31, 2025 and 2024 was NT$476,963 thousand and NT$1,049,008 thousand, representing 7.65% and 27.55% of the consolidated comprehensive income; and the share of income (loss) of associates accounted for using the equity method for the years ended December 31, 2025 and 2024 was NT$65,532 thousand and NT$(20,882) thousand, representing 1.05% and (0.55%) of the consolidated comprehensive income.

Other Matter - the Parent Company Only Financial Statements

We have also audited the parent company only financial statements of Walsin Technology Corporation as of and for the years ended December 31, 2025 and 2024 on which we have issued an unmodified opinion with “Other Matter” paragraph.

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

Management is responsible for the preparation and fair presentation of the consolidated financial statements in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers, and International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), IFRIC Interpretations (IFRIC), and SIC Interpretations (SIC) endorsed and issued into effect by the 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 Group’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Group or to cease operations, or has no realistic alternative but to do so.

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

Auditors’ Responsibilities for the Audit of the Consolidated Financial Statements

Our objectives are to obtain reasonable assurance about whether the consolidated financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the Standards on Auditing of the Republic of China will always detect a material misstatement when it exists. Misstatements can arise from fraud or 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 maintain professional skepticism throughout the audit. We also:

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

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

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 the consolidated financial statements for the year ended December 31, 2025 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.

The engagement partners on the audits resulting in this independent auditors’ report are Chin-Chuan Shih and Kuo-Tyan Hong.

Deloitte & Touche
Taipei, Taiwan
Republic of China
February 25, 2026

Notice to Readers

The accompanying consolidated financial statements are intended only to present the consolidated financial position, financial performance 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 applied in the Republic of China.

For the convenience of readers, the independent auditors' report and the accompanying consolidated financial statements have been translated into English from the original Chinese version prepared and used in the Republic of China. If there is any conflict between the English version and the original Chinese version or any difference in the interpretation of the two versions, the Chinese-language independent auditors' report and consolidated financial statements shall prevail.

WALSIN TECHNOLOGY CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

DECEMBER 31, 2025 AND 2024

(In Thousands of New Taiwan Dollars)

	2025		2024
ASSETS	Amount	%	Amount	%
CURRENT ASSETS
Cash and cash equivalents (Notes 4 and 6)	$ 8,160,463	8	$ 7,943,241	8
Financial assets at fair value through profit or loss - current (Notes 4, 7 and 19)	1,736,531	2	708,808	1
Financial assets at fair value through other comprehensive income - current (Notes 4 and 12)	-	-	229,490	-
Financial assets at amortized cost - current (Notes 4 and 8)	2,670,223	2	2,533,850	3
Notes receivable from unrelated parties (Notes 4 and 9)	611,532	1	746,063	1
Trade receivables from unrelated parties (Notes 4 and 9)	10,045,684	10	9,669,867	10
Trade receivables from related parties (Notes 4, 9 and 28)	72,111	-	65,429	-
Finance lease receivables (Note 4)	19,712	-	21,552	-
Other receivables from unrelated parties	962,454	1	866,130	1
Other receivables from related parties (Note 28)	11,938	-	15,005	-
Inventories (Notes 4 and 10)	8,737,688	8	8,082,433	8
Other current assets	413,544	-	384,342	-
Total current assets	33,441,880	32	31,266,210	32
NON-CURRENT ASSETS
Financial assets at fair value through profit or loss - non-current (Notes 4 and 7)	344,859	-	536,818	-
Financial assets at fair value through other comprehensive income - non-current (Notes 4 and 12)	13,466,356	13	10,484,188	11
Financial assets at amortized cost - non-current (Notes 4 and 8)	24,760,871	24	22,912,070	23
Investments accounted for using the equity method (Notes 4 and 13)	12,324,462	12	10,644,720	11
Property, plant and equipment (Notes 4 and 14)	17,581,566	17	20,582,256	21
Right-of-use assets (Notes 4 and 15)	793,286	1	851,477	1
Investment properties (Notes 4 and 16)	336,802	-	336,477	-
Intangible assets (Notes 4 and 17)	381,737	-	471,497	-
Deferred tax assets (Notes 4 and 23)	593,626	1	621,693	1
Guarantee deposits paid (Note 29)	121,206	-	139,125	-
Finance lease receivables - non-current (Note 4)	3,985	-	12,245	-
Other non-current assets (Notes 4 and 20)	276,056	-	396,411	-
Total non-current assets	70,984,812	68	67,988,977	68
TOTAL	$ 104,426,692	100	$ 99,255,187	100
LIABILITIES AND EQUITY
CURRENT LIABILITIES
Short-term borrowings (Note 18)	$ 9,987,418	10	$ 10,737,709	11
Financial liabilities at fair value through profit or loss - current (Notes 4, 7 and 19)	-	-	1,464	-
Notes payable to unrelated parties	247,621	-	236,459	-
Trade payables to unrelated parties	5,013,896	5	4,197,262	4
Trade payables to related parties (Note 28)	51,796	-	50,953	-
Payables for equipment (Note 28)	302,183	-	410,180	-
Other payables (Note 28)	3,673,413	3	3,558,669	4
Current tax liabilities	730,267	1	678,458	1
Lease liabilities - current (Notes 4 and 15)	155,671	-	140,333	-
Current portion of bonds payable (Notes 4 and 19)	688,070	1	675,287	1
Current portion of long-term borrowings (Note 18)	1,255,388	1	3,047,486	3
Other current liabilities (Note 4)	178,135	-	177,103	-
Total current liabilities	22,283,858	21	23,911,363	24
NON-CURRENT LIABILITIES
Long-term borrowings (Notes 4 and 18)	17,800,244	17	15,320,872	16
Current tax liabilities - non-current (Notes 4 and 23)	38,802	-	21,742	-
Deferred tax liabilities (Notes 4 and 23)	761,065	1	905,422	1
Lease liabilities - non-current (Notes 4 and 15)	304,080	1	391,688	-
Long-term payables	10,224	-	18,547	-
Long-term deferred revenue (Note 4)	23,370	-	30,900	-
Net defined benefit liabilities - non-current (Notes 4 and 20)	153,810	-	156,367	-
Guarantee deposits received	261,270	-	221,133	-
Total non-current liabilities	19,352,865	19	17,066,671	17
Total liabilities	41,636,723	40	40,978,034	41
EQUITY ATTRIBUTABLE TO OWNERS OF THE COMPANY (Note 21)
Ordinary shares	4,858,048	5	4,858,048	5
Capital surplus	3,137,789	3	3,161,951	3
Retained earnings
Legal reserve	5,444,709	5	5,140,341	5
Special reserve	1,096,797	1	1,096,797	1
Unappropriated earnings	31,979,541	31	31,118,251	32
Other equity
Exchange differences on translation of the financial statements of foreign operations	(431,011)	(1)	233,190	-
Unrealized gain on financial assets at fair value through other comprehensive income	6,188,037	6	3,273,505	3
Treasury shares	(236,380)	-	(236,380)	-
Total equity attributable to owners of the Company	52,037,530	50	48,645,703	49
NON-CONTROLLING INTERESTS (Note 21)	10,752,439	10	9,631,450	10
Total equity	62,789,969	60	58,277,153	59
TOTAL	$ 104,426,692	100	$ 99,255,187	100

(With Deloitte & Touche audits' report dated February 25, 2026)

WALSIN TECHNOLOGY CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

(In Thousands of New Taiwan Dollars, Except Earnings Per Share)

	2025		2024
	Amount	%	Amount	%
NET SALES (Notes 4, 28 and 35)	$36,462,792	100	$34,755,041	100
COST OF SALES (Notes 10 and 28)	30,163,204	83	28,274,425	81
GROSS PROFIT	6,299,588	17	6,480,616	19
OPERATING EXPENSES
Selling and marketing expenses	1,755,121	5	1,693,193	5
General and administrative expenses	1,452,118	4	1,577,390	5
Research and development expenses	986,344	2	1,027,836	3
Total operating expenses	4,193,583	11	4,298,419	13
PROFIT FROM OPERATIONS	2,106,005	6	2,182,197	6
NON-OPERATING INCOME AND EXPENSES
Interest income	1,544,693	4	1,355,550	4
Rental income	48,565	-	59,331	-
Dividend income	404,701	1	175,969	1
Other income	121,576	-	80,054	-
Gain (loss) on disposal of property, plant and equipment	29,378	-	(995)	-
Gain on disposal of investments	6,424	-	400	-
Gain on financial assets at FVTPL	127,088	-	121,857	-
Other expenses	(63,940)	-	(33,184)	-
Foreign exchange (loss) gain	(635,996)	(2)	1,007,644	3
Interest expense	(553,634)	(1)	(464,791)	(1)
Share of profit of associates accounted for using the equity method (Notes 4 and 13)	589,081	2	479,697	1
Total non-operating income and expenses	1,617,936	4	2,781,532	8
PROFIT BEFORE INCOME TAX FROM CONTINUING OPERATIONS	3,723,941	10	4,963,729	14
INCOME TAX EXPENSE (Notes 4 and 23)	(720,655)	(2)	(1,135,021)	(3)
NET PROFIT FOR THE YEAR	3,003,286	8	3,828,708	11

(Continued)

WALSIN TECHNOLOGY CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

(In Thousands of New Taiwan Dollars, Except Earnings Per Share)

	2025		2024
	Amount	%	Amount	%
OTHER COMPREHENSIVE INCOME (LOSS)
Items that will not be reclassified subsequently to profit or loss:
Remeasurement of defined benefit plans	$ (44,674)	-	$ 29,815	-
Unrealized gain (loss) on investments in equity instruments at fair value through other comprehensive income	3,318,109	9	(1,633,122)	(5)
Share of the other comprehensive income (loss) of associates accounted for using the equity method	668,600	2	(443,358)	(1)
Income tax expense from remeasurement of defined benefit plans	3,725	-	(972)	-
	3,945,760	11	(2,047,637)	(6)
Items that may be reclassified subsequently to profit or loss:
Exchange differences on translation of the financial statements of foreign operations	(614,283)	(2)	1,687,975	5
Unrealized gain (loss) on investments in debt instruments at fair value through other comprehensive income	21,047	-	(32,736)	-
Share of the other comprehensive (loss) income of associates accounted for using the equity method	(124,737)	-	370,853	1
	(717,973)	(2)	2,026,092	6
Other comprehensive income (loss) for the year, net of income tax	3,227,787	9	(21,545)	-
TOTAL COMPREHENSIVE INCOME FOR THE YEAR	$ 6,231,073	17	$ 3,807,163	11
NET PROFIT ATTRIBUTABLE TO:
Owners of the Company	$ 2,298,168	6	$ 2,982,507	9
Non-controlling interests	705,118	2	846,201	2
	$ 3,003,286	8	$ 3,828,708	11
TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO:
Owners of the Company	$ 4,581,920	13	$ 3,074,806	9
Non-controlling interests	1,649,153	4	732,357	2
	$ 6,231,073	17	$ 3,807,163	11
			(Continued)

WALSIN TECHNOLOGY CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

(In Thousands of New Taiwan Dollars, Except Earnings Per Share)

	2025		2024
	Amount	%	Amount	%
EARNINGS PER SHARE (Notes 4 and 24)
Basic	$ 4.74		$ 6.15
Diluted	$ 4.73		$ 6.08

(With Deloitte & Touche audits’ report dated February 25, 2026) (Concluded)

WALSIN TECHNOLOGY CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024 (In Thousands of New Taiwan Dollars)

	Equity Attributable to Owners of the Company
	Share Capital		Capital Surplus	Retained Earnings		Unappropriated Earnings	Other Equity		Treasury Shares	Total	Non-controlling Interests	Total Equity
	Shares (In Thousands)	Share Capital		Legal Reserve	Special Reserve		Exchange Differences on Translation of the Financial Statements of Foreign Operations	Unrealized Gain (Loss) on Financial Assets at Fair Value Through Other Comprehensive Income
BALANCE, JANUARY 1, 2024	485,804	$ 4,858,043	$ 3,116,412	$ 4,911,739	$ 1,096,797	$ 29,347,656	$ (1,678,514)	$ 5,163,892	$ (236,380)	$ 46,579,645	$ 10,036,131	$ 56,615,776
Appropriation of 2023 earnings (Note 21)
Legal reserve	-	-	-	228,602	-	(228,602)	-	-	-	-	-	-
Cash dividends distributed by the Company	-	-	-	-	-	(1,044,479)	-	-	-	(1,044,479)	-	(1,044,479)
Convertible bonds converted to ordinary shares	1	5	95	-	-	-	-	-	-	100	-	100
Other changes in capital surplus (Note 21)
Change in capital surplus from associates accounted for using the equity method	-	-	14,644	-	-	(34)	-	-	-	14,610	-	14,610
The difference between consideration received or paid and the carrying amount of the subsidiaries' net assets during actual disposal or acquisition (Note 25)	-	-	30,800	-	-	-	-	-	-	30,800	-	30,800
Changes in percentage of ownership interests in subsidiaries	-	-	-	-	-	(9,779)	-	-	-	(9,779)	-	(9,779)
Net profit for the year ended December 31, 2024	-	-	-	-	-	2,982,507	-	-	-	2,982,507	846,201	3,828,708
Other comprehensive income (loss) for the year ended December 31, 2024	-	-	-	-	-	22,803	1,911,704	(1,842,208)	-	92,299	(113,844)	(21,545)
Total comprehensive income (loss) for the year ended December 31, 2024	-	-	-	-	-	3,005,310	1,911,704	(1,842,208)	-	3,074,806	732,357	3,807,163
Non-controlling interests	-	-	-	-	-	-	-	-	-	-	(1,137,038)	(1,137,038)
Disposal of investments in equity instruments designated as at fair value through other comprehensive income (Note 21)	-	-	-	-	-	48,179	-	(48,179)	-	-	-	-
BALANCE, DECEMBER 31, 2024	485,805	4,858,048	3,161,951	5,140,341	1,096,797	31,118,251	233,190	3,273,505	(236,380)	48,645,703	9,631,450	58,277,153
Appropriation of 2024 earnings (Note 21)
Legal reserve	-	-	-	304,368	-	(304,368)	-	-	-	-	-	-
Cash dividends distributed by the Company	-	-	-	-	-	(1,165,931)	-	-	-	(1,165,931)	-	(1,165,931)
Other changes in capital surplus (Note 21)
Change in capital surplus from associates accounted for using the equity method	-	-	(28,749)	-	-	-	-	-	-	(28,749)	-	(28,749)
Changes in percentage of ownership interests in subsidiaries	-	-	4,587	-	-	-	-	-	-	4,587	-	4,587
Net profit for the year ended December 31, 2025	-	-	-	-	-	2,298,168	-	-	-	2,298,168	705,118	3,003,286
Other comprehensive income (loss) for the year ended December 31, 2025	-	-	-	-	-	(40,720)	(664,201)	2,988,673	-	2,283,752	944,035	3,227,787
Total comprehensive income (loss) for the year ended December 31, 2025	-	-	-	-	-	2,257,448	(664,201)	2,988,673	-	4,581,920	1,649,153	6,231,073
Non-controlling interests	-	-	-	-	-	-	-	-	-	-	(528,164)	(528,164)
Disposal of investments in equity instruments designated as at fair value through other comprehensive income (Note 21)	-	-	-	-	-	74,141	-	(74,141)	-	-	-	-
BALANCE, DECEMBER 31, 2025	485,805	$ 4,858,048	$ 3,137,789	$ 5,444,709	$ 1,096,797	$ 31,979,541	$ (431,011)	$ 6,188,037	$ (236,380)	$ 52,037,530	$ 10,752,439	$ 62,789,969

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

(With Deloitte & Touche audits' report dated February 25, 2026)

WALSIN TECHNOLOGY CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

(In Thousands of New Taiwan Dollars)

	2025	2024
CASH FLOWS FROM OPERATING ACTIVITIES
Income before income tax	$ 3,723,941	$ 4,963,729
Adjustments for:
Depreciation expense	4,083,512	4,855,025
Amortization expense	131,489	146,232
Expected credit (reversed) loss recognized on trade receivables	(4,459)	3,741
Interest expense	553,634	464,791
(Gain) loss on lease modification	(9,799)	22
Interest income	(1,544,693)	(1,355,550)
Dividend income	(404,701)	(175,969)
Write-downs of inventories	113,316	52,480
Compensation cost of employee share options	12,204	-
Share of profit of associates accounted for using the equity method	(589,081)	(479,697)
(Gain) loss on disposal of property, plant and equipment	(29,378)	995
Net gain on financial assets at FVTPL	(127,088)	(121,857)
Gain on disposal of investments	(6,424)	(400)
Loss on disposal of intangible assets	76	-
Net loss (gain) on foreign currency exchange	379,710	(585,410)
Impairment loss reversed on property, plant and equipment/investment property	(5,273)	(41,343)
Reclassification of property, plant, and equipment to expense	2,245	-
Changes in operating assets and liabilities
Financial assets mandatorily classified as at fair value through profit or loss	(850,925)	(56,798)
Notes receivable from unrelated parties	134,531	203,077
Trade receivables from unrelated parties	(396,294)	(831,385)
Trade receivables from related parties	(6,682)	(14,557)
Other receivables from unrelated parties	5,091	(193,561)
Other receivables from related parties	3,067	(741)
Inventories	(768,571)	(1,171,933)
Other current assets	(29,202)	140,152
Other non-current assets	53,065	34,637
Notes payable to unrelated parties	11,162	7,072
Trade payables to unrelated parties	820,708	651,267
Trade payables to related parties	843	20,872
Other payables	115,161	199,913
Other current liabilities	1,032	28,027
Other non-current liabilities	(58,514)	(17,668)
Cash generated from operations	5,313,703	6,725,163
Interest received	1,477,066	1,191,014
Dividends received	665,627	423,222
Interest paid	(536,704)	(414,908)
Income tax paid	(773,680)	(1,783,431)
Net cash generated from operating activities	6,146,012	6,141,060
		(Continued)

WALSIN TECHNOLOGY CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024
(In Thousands of New Taiwan Dollars)

	2025	2024
CASH FLOWS FROM INVESTING ACTIVITIES
Disposal of financial assets at fair value through profit or loss	$ 95,820	$ 15,689
Purchase of financial assets at fair value through other comprehensive income	(436,536)	(5,036,614)
Proceeds from financial assets at fair value through other comprehensive income	727,013	-
Purchase of financial assets at amortized cost	(4,587,593)	(718,203)
Acquisition of investments accounted for using the equity method	(654,320)	(1,257)
Payments for property, plant and equipment	(1,032,006)	(1,238,374)
Proceeds from disposal of property, plant and equipment	108,154	31,324
Decrease (increase) in guarantee deposits paid	17,919	(32,860)
Proceeds from capital reduction of investments accounted for using equity method	-	90,440
Payments for intangible assets	(17,461)	(11,967)
Decrease in finance lease receivables	9,336	11,173
Increase in other non-current assets	-	(39,160)
Increase in prepayments for equipment	(37,492)	(30,427)
Net cash used in investing activities	(5,807,166)	(6,960,236)
CASH FLOWS FROM FINANCING ACTIVITIES
(Decrease) increase in short-term borrowings	(874,613)	2,182,653
Repayment of bonds payable	-	(4,798,900)
Increase in long-term borrowings	1,095,211	6,373,657
Repayment of the principal portion of lease liabilities	(160,767)	(166,132)
Cash dividends	(1,165,931)	(1,044,462)
Increase in guarantee deposits received	40,137	43,035
Changes in non-controlling interests	(535,783)	(1,067,531)
Net cash (used in) generated from financing activities	(1,601,746)	1,522,320
EFFECTS OF EXCHANGE RATE CHANGES ON THE BALANCE OF CASH HELD IN FOREIGN CURRENCIES	1,480,122	618,702
NET INCREASE IN CASH AND CASH EQUIVALENTS	217,222	1,321,846
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR	7,943,241	6,621,395
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR	$ 8,160,463	$ 7,943,241
(With Deloitte & Touche audits’ report dated February 25, 2026)		(Concluded)

INDEPENDENT AUDITORS' REPORT

The Board of Directors and Shareholders
Walsin Technology Corporation

Opinion

We have audited the accompanying parent company only financial statements of Walsin Technology Corporation (the “Company”), which comprise the parent company only balance sheets as of December 31, 2025 and 2024, and the parent company only statements of comprehensive income, changes in equity and cash flows for the years then ended, and the notes to the parent company only financial statements, including material accounting policy information (collectively referred to as the “parent company only financial statements”).

In our opinion, based on our audits and the report of other auditors (please refer to the Other Matter paragraph), the accompanying parent company only financial statements present fairly, in all material respects, the parent company only financial position of the Company as of December 31, 2025 and 2024, and its parent company only financial performance and its parent company only cash flows for the years then ended in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers.

Basis for Opinion

We conducted our audits in accordance with the Regulations Governing Financial Statement Audit and Attestation Engagements of Certified Public Accountants and 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 Parent Company Only Financial Statements section of our report. We are independent of the Company in accordance with The Norm of Professional Ethics for Certified Public Accountant of the Republic of China, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Key Audit Matters

Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the parent company only financial statements for the year ended December 31, 2025. These matters were addressed in the context of our audit of the parent company only financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.

The key audit matter of the Company’s parent company only financial statements for the year ended December 31, 2025 is described as follows:

Revenue Recognition

The Company’s main revenue streams come from MLCC, chip resistors and radio frequency devices.

Revenue from sales of MLCC accounted for a relatively high proportion of the Company’s total revenue, and the gross profit generated from sales in certain operating regions had a significant impact on the Company’s net income. Therefore, we considered the recognition of revenue from MLCC sales in certain operating regions at a key audit matter of the Company’s parent company only financial statements for the year ended December 31, 2025.

Other Matter

We did not audit the financial statements of some subsidiaries and investments accounted for using the equity method included in the parent company only financial statements of the Company, instead such financial statements were audited by other auditors. Our opinion, insofar as it relates to the amounts and the information disclosed for some subsidiaries and investments accounted for using the equity method, is based solely on the audit reports of other auditors. As of December 31, 2025 and 2024, the share of profit of investments in associates accounted for using the equity method was NT$4,803,511 thousand and NT$3,033,591 thousand, representing 5.98% and 3.97% of the total assets, respectively. The share of income of associates accounted for using the equity method for the years ended December 31, 2025 and 2024 was NT$285,492 thousand and NT$339,488 thousand, representing 6.23% and 11.04% of the comprehensive income, respectively.

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

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

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

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

Auditors’ Responsibilities for the Audit of the Parent Company Only Financial Statements

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

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

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

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

From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the parent company only financial statements for the year ended December 31, 2025 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.

The engagement partners on the audits resulting in this independent auditors' report are Chin-Chuan Shih and Kuo-Tyan Hong.

Deloitte & Touche
Taipei, Taiwan
Republic of China

February 25, 2026

Notice to Readers

The accompanying parent company only financial statements are intended only to present the financial position, financial performance 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 applied in the Republic of China.

For the convenience of readers, the independent auditors' report and the accompanying parent company only financial statements have been translated into English from the original Chinese version prepared and used in the Republic of China. If there is any conflict between the English version and the original Chinese version or any difference in the interpretation of the two versions, the Chinese-language independent auditors' report and parent company only financial statements shall prevail.

WALSIN TECHNOLOGY CORPORATION

PARENT COMPANY ONLY BALANCE SHEETS

DECEMBER 31, 2025 AND 2024

(In Thousands of New Taiwan Dollars)

	2025		2024
ASSETS	Amount	%	Amount	%
CURRENT ASSETS
Cash and cash equivalents (Notes 4 and 6)	$ 420,170	1	$ 996,940	1
Financial assets at fair value through profit or loss - current (Notes 4 and 7)	294,500	-	240,300	-
Notes receivable (Notes 4 and 10)	10,898	-	9,409	-
Trade receivables (Notes 4 and 10)	1,534,468	2	1,186,473	2
Trade receivables from related parties (Notes 4, 10 and 25)	2,296,106	3	2,460,087	3
Other receivables	265,741	-	194,972	-
Other receivables from related parties (Note 25)	30,609	-	413,088	1
Financial assets at amortized cost - current (Notes 4, 9 and 26)	82,083	-	162,439	-
Finance lease receivable - current (Note 4)	14,706	-	15,671	-
Inventories (Notes 4 and 11)	2,132,102	3	1,776,867	3
Other current assets	74,104	-	70,778	-
Total current assets	7,155,487	9	7,527,024	10
NON-CURRENT ASSETS
Financial assets at fair value through other comprehensive income - non-current (Notes 4 and 8)	8,838,213	11	7,372,631	10
Financial assets at fair value through profit or loss - non-current (Notes 4 and 7)	50,000	-	50,000	-
Financial assets at amortized cost - non-current (Notes 4, 9 and 26)	6,753,634	9	6,968,039	9
Investments accounted for using the equity method (Notes 4 and 12)	48,842,173	61	43,545,739	57
Property, plant and equipment (Notes 4 and 13)	8,254,644	10	10,344,001	14
Right-of-use assets (Notes 4 and 14)	209,698	-	217,075	-
Investment properties (Notes 4 and 15)	4,452	-	4,452	-
Computer software (Note 4)	25,275	-	33,284	-
Deferred tax assets (Notes 4 and 21)	202,000	-	193,000	-
Guarantee deposits paid	46,515	-	46,159	-
Finance lease receivables - non-current (Note 4)	6,892	-	22,534	-
Other non-current assets	-	-	90,377	-
Total non-current assets	73,233,496	91	68,887,291	90
TOTAL	$ 80,388,983	100	$ 76,414,315	100
LIABILITIES AND EQUITY
CURRENT LIABILITIES
Short-term borrowings (Note 16)	$ 7,573,000	9	$ 8,340,000	11
Trade payables	1,584,212	2	1,309,758	2
Trade payables to related parties (Note 25)	1,474,616	2	1,350,156	2
Payables for equipment (Note 25)	143,061	-	212,409	-
Other payables (Note 25)	1,572,977	2	1,611,273	2
Lease liabilities - current (Notes 4 and 14)	50,767	-	47,319	-
Current tax liabilities (Notes 4 and 21)	373,458	1	329,538	-
Current portion of long-term borrowings (Notes 4 and 16)	354,167	-	2,010,917	3
Other current liabilities (Note 4)	43,869	-	37,014	-
Total current liabilities	13,170,127	16	15,248,384	20
NON-CURRENT LIABILITIES
Long-term borrowings (Notes 4 and 16)	14,864,000	19	12,149,417	16
Current tax liabilities - non-current (Notes 4 and 21)	38,802	-	21,742	-
Deferred tax liabilities (Notes 4 and 21)	53,964	-	106,964	-
Lease liabilities - non-current (Notes 4 and 14)	176,689	-	196,514	-
Net defined benefit liabilities - non-current (Notes 4 and 18)	47,447	-	41,988	-
Guarantee deposits received	424	-	3,603	-
Total non-current liabilities	15,181,326	19	12,520,228	16
Total liabilities	28,351,453	35	27,768,612	36
EQUITY (Notes 4 and 19)
Share capital
Ordinary shares	4,858,048	6	4,858,048	6
Capital surplus	3,137,789	4	3,161,951	4
Retained earnings
Legal reserve	5,444,709	7	5,140,341	7
Special reserve	1,096,797	1	1,096,797	1
Unappropriated earnings	31,979,541	40	31,118,251	41
Other equity
Exchange differences on translation of the financial statements of foreign operations	(431,011)	(1)	233,190	1
Unrealized gain (loss) on financial assets at fair value through other comprehensive income	6,188,037	8	3,273,505	4
Treasury shares	(236,380)	-	(236,380)	-
Total equity	52,037,530	65	48,645,703	64
TOTAL	$ 80,388,983	100	$ 76,414,315	100

(With Deloitte & Touche audits' report dated February 25, 2026)

WALSIN TECHNOLOGY CORPORATION

PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

(In Thousands of New Taiwan Dollars, Except Earnings Per Share)

	2025		2024
	Amount	%	Amount	%
NET SALES (Notes 4 and 25)	$ 18,034,483	100	$ 16,493,208	100
COST OF SALES (Notes 11 and 25)	16,300,128	90	14,991,627	91
GROSS PROFIT	1,734,355	10	1,501,581	9
(UNREALIZED) REALIZED GAIN ON TRANSACTIONS WITH SUBSIDIARIES	(135,871)	(1)	(30,087)	-
REALIZED GROSS PROFIT	1,598,484	9	1,471,494	9
OPERATING EXPENSES
Selling and marketing expenses	311,414	2	294,490	2
General and administrative expenses	263,850	1	349,219	2
Research and development expenses	268,069	2	274,068	2
Total operating expenses	843,333	5	917,777	6
PROFIT FROM OPERATIONS	755,151	4	553,717	3
NON-OPERATING INCOME AND EXPENSES
Interest income	392,717	2	427,310	3
Rental income	6,820	-	17,719	-
Dividend income (Note 25)	298,698	2	124,019	1
Other income (Note 25)	28,300	-	30,252	-
Gain on disposal of investments	1,195	-	-	-
Gain on financial assets at FVTPL	91,411	1	104,508	1
Other expenses	(2,294)	-	(4,993)	-
(Loss) gain on disposal of property, plant and equipment (Note 25)	(14,568)	-	1,075	-
Foreign exchange (loss) gain, net	(344,677)	(2)	569,102	3
Interest expense	(432,099)	(2)	(365,135)	(2)
Share of profit of subsidiaries and associates accounted for using the equity method (Notes 4 and 12)	1,705,896	9	1,829,742	11
Total non-operating income and expenses	1,731,399	10	2,733,599	17
PROFIT BEFORE INCOME TAX	2,486,550	14	3,287,316	20
INCOME TAX EXPENSE (Notes 4 and 21)	(188,382)	(1)	(304,809)	(2)
NET PROFIT FOR THE YEAR	2,298,168	13	2,982,507	18

(Continued)

WALSIN TECHNOLOGY CORPORATION

PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

(In Thousands of New Taiwan Dollars, Except Earnings Per Share)

	2025		2024
	Amount	%	Amount	%
OTHER COMPREHENSIVE INCOME (LOSS)
Items that will not be reclassified subsequently to profit or loss:
Remeasurement of defined benefit plans	$ (40,720)	-	$ 22,803	-
Unrealized gain on investments in equity instruments at fair value through other comprehensive income	1,467,383	8	(1,240,018)	(7)
Share of the other comprehensive loss of subsidiaries and associates accounted for using the equity method	1,521,290	8	(602,190)	(4)
Items that may be reclassified subsequently to profit or loss:
Share of the other comprehensive income of subsidiaries and associates accounted for using the equity method	(664,201)	(4)	1,911,704	12
Other comprehensive income for the year, net	2,283,752	12	92,299	1
TOTAL COMPREHENSIVE INCOME FOR THE YEAR	$ 4,581,920	25	$ 3,074,806	19
EARNINGS PER SHARE (Notes 4 and 22)
Basic	$ 4.74		$ 6.15
Diluted	$ 4.73		$ 6.08

(With Deloitte & Touche audits' report dated February 25, 2026)

(Concluded)

WALSIN TECHNOLOGY CORPORATION

PARENT COMPANY ONLY STATEMENTS OF CHANGES IN EQUITY

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

(In Thousands of New Taiwan Dollars)

	Share Capital		Capital Surplus	Retained Earnings			Other Equity		Treasury Shares	Total Equity
	Shares (In Thousands)	Share Capital		Legal Reserve	Special Reserve	Unappropriated Earnings	Exchange Differences on Translation of the Financial Statements of Foreign Operations	Unrealized Gain (Loss) on Financial Assets at Fair Value Through Other Comprehensive Income
BALANCE, JANUARY 1, 2024	485,804	$ 4,858,043	$ 3,116,412	$ 4,911,739	$ 1,096,797	$ 29,347,656	$ (1,678,514)	$ 5,163,892	$ (236,380)	$ 46,579,645
Appropriation of the 2023 earnings (Note 19)
Legal reserve	-	-	-	228,602	-	(228,602)	-	-	-	-
Cash dividends distributed by the Company	-	-	-	-	-	(1,044,479)	-	-	-	(1,044,479)
Convertible bonds converted to ordinary shares	1	5	95	-	-	-	-	-	-	100
Other changes in capital surplus (Note 19)
Change in capital surplus from associates accounted for using the equity method	-	-	14,644	-	-	(34)	-	-	-	14,610
The difference between consideration received or paid and the carrying amount of subsidiaries' net assets during actual disposal or acquisition	-	-	30,800	-	-	-	-	-	-	30,800
Changes in percentage of ownership interests in subsidiaries	-	-	-	-	-	(9,779)	-	-	-	(9,779)
Net profit for the year ended December 31, 2024	-	-	-	-	-	2,982,507	-	-	-	2,982,507
Other comprehensive income (loss) for the year ended December 31, 2024	-	-	-	-	-	22,803	1,911,704	(1,842,208)	-	92,299
Total comprehensive income (loss) for the year ended December 31, 2024	-	-	-	-	-	3,005,310	1,911,704	(1,842,208)	-	3,074,806
Disposal of investments in equity instruments designated as at fair value through other comprehensive income	-	-	-	-	-	48,179	-	(48,179)	-	-
BALANCE, DECEMBER 31, 2024	485,805	4,858,048	3,161,951	5,140,341	1,096,797	31,118,251	233,190	3,273,505	(236,380)	48,645,703
Appropriation of the 2024 earnings (Note 19)
Legal reserve	-	-	-	304,368	-	(304,368)	-	-	-	-
Cash dividends distributed by the Company	-	-	-	-	-	(1,165,931)	-	-	-	(1,165,931)
Other changes in capital surplus (Note 19)
Change in capital surplus from associates accounted for using the equity method	-	-	(28,749)	-	-	-	-	-	-	(28,749)
Changes in percentage of ownership interests in subsidiaries	-	-	4,587	-	-	-	-	-	-	4,587
Net profit for the year ended December 31, 2025	-	-	-	-	-	2,298,168	-	-	-	2,298,168
Other comprehensive income (loss) for the year ended December 31, 2025	-	-	-	-	-	(40,720)	(664,201)	2,988,673	-	2,283,752
Total comprehensive income (loss) for the year ended December 31, 2025	-	-	-	-	-	2,257,448	(664,201)	2,988,673	-	4,581,920
Disposal of investments in equity instruments designated as at fair value through other comprehensive income	-	-	-	-	-	74,141	-	(74,141)	-	-
BALANCE, DECEMBER 31, 2025	485,805	$ 4,858,048	$ 3,137,789	$ 5,444,709	$ 1,096,797	$ 31,979,541	$ (431,011)	$ 6,188,037	$ (236,380)	$ 52,037,530

(With Deloitte & Touche audits' report dated February 25, 2026)

WALSIN TECHNOLOGY CORPORATION

PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024 (In Thousands of New Taiwan Dollars)

	2025	2024
CASH FLOWS FROM OPERATING ACTIVITIES
Income before income tax	$ 2,486,550	$ 3,287,316
Adjustments for:
Depreciation expense	2,392,843	2,878,586
Amortization expense	30,504	35,859
Expected credit loss recognized on trade receivables	-	1,000
Net gain on financial assets at FVTPL	(91,411)	(104,508)
Interest expense	432,099	365,135
Interest income	(392,717)	(427,310)
Dividend income	(298,698)	(124,019)
Share of profit of subsidiaries and associates accounted for using the equity method	(1,705,896)	(1,829,742)
Loss (gain) on disposal of property, plant and equipment	14,568	(1,075)
Gain on disposal of investments	(1,195)	-
Reversal of impairment loss recognized on property, plant and equipment and investment property	(14,759)	(41,344)
(Reversed) write-downs of inventories	(51,941)	38,812
Unrealized gross profit on the transactions with associates	135,871	30,087
Realized gain on transactions with associates	(1,552)	(1,552)
Net loss (gain) on foreign currency exchange	281,896	(234,224)
Changes in operating assets and liabilities
Financial assets mandatorily classified as at fair value through profit or loss	37,211	-
Notes receivable from unrelated parties	(1,489)	(2,239)
Trade receivables from unrelated parties	(340,145)	(94,074)
Trade receivables from related parties	157,555	(564,119)
Other receivables from unrelated parties	19,339	(29,916)
Other receivables from related parties	382,479	193,657
Inventories	(303,294)	(259,826)
Other current assets	(3,326)	36,405
Trade payables to unrelated parties	270,635	109,051
Trade payables to related parties	131,736	109,416
Other payables	(42,914)	121,895
Other current liabilities	6,855	5,703
Other non-current liabilities	(4,827)	(3,986)
Cash generated from operations	3,525,977	3,494,988
Interest received	392,846	465,042
Dividend received	814,554	518,740
Interest paid	(430,717)	(330,949)
Income tax paid	(189,402)	(803,969)
Net cash generated from operating activities	4,113,258	3,343,852
		(Continued)

WALSIN TECHNOLOGY CORPORATION

PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024 (In Thousands of New Taiwan Dollars)

	2025	2024
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of financial assets at fair value through other comprehensive income	$ (140,520)	$ (3,501,945)
Proceeds from financial assets at fair value through other comprehensive income	142,321	-
Proceeds from financial assets at amortized cost	14,277	656,867
Purchase of financial assets at fair value through profit or loss	-	(212,940)
Proceeds from financial assets at fair value through profit or loss	-	198,678
Acquisition of long-term equity investment for using the equity method	(3,438,221)	(1,091,391)
Proceeds from long-term equity investment for using the equity method	-	32,757
Proceeds from capital return of investments accounted for using the equity method	-	85,905
Payments for property, plant and equipment	(351,087)	(629,740)
Proceeds from disposal of property, plant and equipment	1,621	3,014
Increase in guarantee deposits paid	(355)	(18,513)
Decrease in finance lease receivables	15,905	15,461
Net cash used in investing activities	(3,756,059)	(4,461,847)
CASH FLOWS FROM FINANCING ACTIVITIES
(Decrease) increase in short-term borrowings	(767,000)	1,400,511
Repayments of bonds payable	-	(4,798,900)
Increase in long-term borrowings	1,057,833	6,209,168
(Decrease) increase in guarantee deposits received	(3,179)	149
Repayment of the principal portion of lease liabilities	(55,692)	(55,404)
Cash dividends	(1,165,931)	(1,044,462)
Net cash (used in) generated from financing activities	(933,969)	1,711,062
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(576,770)	593,067
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR	996,940	403,873
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR	$ 420,170	$ 996,940

(With Deloitte & Touche audits' report dated February 25, 2026) (Concluded)

[Attachment 3]

Audit Committee’s Review Report

To: The 2026 Annual General Shareholders’ Meeting of Walsin Technology Corporation

The Board of Directors has prepared the Company’s 2025 Business Report and Financial Statements. The Financial Statements had been audited by Deloitte & Touche Certified Public Accountants, Chin-Chuan Shih and Kuo-Tyan Hong and has issued an audit report.

The Business Report and Financial Statements have been reviewed and determined to be correct and accurate by the Audit Committee members of Walsin Technology Corporation. According to Article 14-4 of the Securities and Exchange Act and Article 219 of the Company Act, we hereby submit this report.

Walsin Technology Corporation
Chairman of the Audit Committee : Fan Po-Kang

February 25, 2026

Audit Committee’s Review Report

To: The 2026 Annual General Shareholders’ Meeting of Walsin Technology Corporation

The Board of Directors has prepared the Company’s proposal for distribution of the 2025 earnings. The proposal has been reviewed and determined to be correct and accurate by the Audit Committee members of Walsin Technology Corporation. According to Article 14-4 of the Securities and Exchange Act and Article 219 of the Company Act, we hereby submit this report.

Walsin Technology Corporation
Chairman of the Audit Committee : Fan Po-Kang

April 29, 2026

[Attachment 4]

Walsin Technology Corporation
Shareholding of Directors
Apr.14, 2026

Name	Name	Shareholding (shares)	Ratio to all shares outstanding (%)
Chairman of the Board	Chiao Yu-Heng	12,887,461	2.65%
Director	Walsin Lihwa corporation
Representative: Chiao Yu-Cheng	88,902,325	18.30%
Director	Yeh Pei-Chen	0	0
Director	Director:Oliver Co., Ltd.
representative: Ku Li-Chin	2,478,000	0.51%
Independent Director	Fan Po-Kang	0	0
Independent Director	NG Chlen Chun	0	0
Independent Director	Chang Ker-Hsin	0	0
Number of Shares Held by All Directors		104,267,786	21.46%

Note: As of the book closure date(2026.04.14) for the 2026 Annual Shareholders' Meeting, the Company had issued 485,804,774 shares (including treasury stocks 1,000,000 shares) of common stock.

[Attachment 5]

16th Plan (the 2nd time of Year 2021) of Transferring the Repurchased Shares to the Employees

Revised on May 03, 2022

Article 1. For the purpose of encouraging our employees and creating cohesion among the employees, the Company hereby, pursuant to Article 28-2, Paragraph 1, Subparagraph 1 of the Securities and Exchange Act and the Regulations Governing Share Repurchase by Exchange-Listed and OTC-Listed Companies issued by Financial Supervisory Commission R.O.C., establishes the Plan of Transferring the Repurchased Shares to the Employees (the "Plan"). Except as otherwise provided in relevant laws or regulations, all share repurchased and transferred to the employees of the Company shall be implemented in compliance with the Plan.

Article 2. Type of shares to be transferred, and content of and the restrictions on the rights. The shares to be transferred to the employees are common shares. Except as otherwise provided in relevant laws or regulations or in this Plan, the rights and obligations embedded thereon are the same with other common shares of the Company.

Article 3. Transfer period. In accordance with the provisions herein, transfer the repurchased shares to employees in one time or several times within 5 years from the date of share-repurchase.

Article 4. Transferee’s eligibility. The transferees of this method are based on the principle that the full-time employees of the company and the full-time employees of the company's domestic and overseas subsidiaries who took up the job before the stock subscription date. In addition, the employee’s subscription ratio and number of shares are determined based on their job title, salary, years of service, performance, and their contribution to the company, and take into account the total number of shares purchased by the company at the base date of subscription and the number of shares subscribed by a single employee. And factors such as the upper limit of the number of shares subscribed by a single employee are principles. The qualifications of the transferee in the preceding paragraph and the number of shares that can be subscribed will be in accordance with the relevant laws and regulations at the time of the transfer, and in consideration of the company’s operational needs and business development strategies and guidelines. The human resources department will draw up a proposal in accordance with the preceding principles to meet the rules of Compensation Committee Organization. Managers with standardized organizational procedures of the Compensation Committee shall submit them to the Compensation Committee for review and approval by the board of directors, non-managers are reviewed by the Audit Committee and approved by the Board of Directors. The domestic and overseas subsidiaries mentioned in Paragraph 1 refer to the subsidiaries in which the company directly or indirectly holds more than 50% of the voting shares of the same invested company.

Article 5. The procedure of the Plan
(1) In accordance with the resolution of the Board, the Company shall make the announcements, filings and repurchase the shares of the Company within the execution period.
(2) Regarding the employee’s stock subscription base date, the criteria for the number

of shares to be subscribed, the subscription payment period, the content of rights and other operational matters, the human resources department of the company shall make a proposal except for the qualifications of the transferee and the number of shares to be subscribed in accordance with Article 4, the remainder shall be approved by the board of directors.

(3) If the employee fails to subscribe and make the payment at the expiration of the payment period, it shall be handled in accordance with the provisions of the preceding paragraph.

(4) Count the actual number of shares being paid for subscription and process the registration of the transfer of shares.

Article 6 The agreed transfer price per share

For the repurchase shares being transferred to the employees, the transfer price is the actual average repurchase price of the repurchased shares. However, before the transfer, if there is an increase or decrease in the company's issued ordinary shares, the transfer price may be adjusted within the range of the increase or decrease ratio of the issued shares.

Transfer price adjustment formula:

The adjusted conversion price = the average price actually repurchased x (the total number of ordinary shares at the time the company's repurchased shares are executed ÷ the total number of ordinary shares before the company transfers the repurchased shares to employees)

Article 7 Rights and obligations of shares after transfer

After the repurchased shares have been transferred and registered under employees' names on the Company's Shareholders' Rosters, unless otherwise specified, the rights and obligations associated with the shares are the same as the other common shares

Article 8. Other related rights and obligations of the Company and employee

For the shares transferred according to the Plan, the taxes and fees incurred shall be handled in accordance with the laws and regulations at the time of the transfer and the company's related operations.

Article 9. These measures will become effective after the resolution of the board of directors. In the future, if there are changes due to changes in laws or regulations or changes approved by the competent authority or changes based on the objective environment, they may be reported to the board of directors for revision.

Article 10. The enactment and any amendment of the Plan shall be reported to the shareholders' meeting.

Article 11. These measures were established on March 25, 2021, and were first revised on May 3, 2022.

17th Plan(the third time of Year 2021) of Transferring the Repurchased Shares to the Employees

Revised on May 03, 2022

Article 3. Transfer period. In accordance with the provisions herein, transfer the repurchased shares to employees in one time or several times within 5 years from the date of share-repurchase.

of shares to be subscribed, the subscription payment period, the content of rights and other operational matters, the human resources department of the company shall make a proposal, except for the qualifications of the transferee and the number of shares to be subscribed in accordance with Article 4, the remainder shall be approved by the board of directors.

(3) If the employee fails to subscribe and make the payment at the expiration of the payment period, it shall be deemed as a waiver of his/her subscription right. The balance of the under-subscription shall be handled in accordance with the provisions of the preceding paragraph.

(4) Count the actual number of shares being paid for subscription and process the registration of the transfer of shares.

Article 6 The agreed transfer price per share

Transfer price adjustment formula:

Article 7 Rights and obligations of shares after transfer

Article 8. Other related rights and obligations of the Company and employee

Article 10. The enactment and any amendment of the Plan shall be reported to the shareholders' meeting.

Article 11. These measures were established on May 03, 2021, and were first revised on May 3, 2022.

Walsin Technology Corporation

Implementation Status of Repurchasing Company's Stock

Date:2026/04/30

Number of Times	16^{th} (the 2nd time of Year 2021)	17^{th} (the third time of Year 2021)
Board of Directors Resolution date:	Mar. 25, 2021
The 16^{th} meeting of the 15^{th} Board of Directors	May 03, 2021
The 17^{th} meeting of the 15^{th} Board of Directors
Purpose of Repurchase	Shares Transferred to Employees	Shares Transferred to Employees
Expected number of shares bought back	Common stock 600,000 shares	Common stock 400,000 shares
Repurchase price range	NT$240 to NT$252 per share	NT$230 to NT$252 per share
Actual Repurchase Period	Mar.26, 2021 to Apr. 01, 2021	May 04, 2021 to June 15, 2021
Actual number of shares bought back	Common stock 600,000 shares	Common stock 400,000 shares
Actual total amount of shares bought back	NT$151,104,443	NT$85,275,824
Average repurchase price per share	NT$251.84	NT$213.19
Number of shares transferred to employees	600,000 common shares that have expired but not been transferred and will be cancelled.	Not yet transferred
Note	none	none

[Attachment 6]

Walsin Technology Corporation

Material Transactions with Related Parties in 2025

The Company's material transactions with its related parties for the purchase or sale of goods, professional services or technical services, as well as for the acquisition or disposal of real estate or its right-of-use assets, or for the acquisition or disposal of assets other than real estate or its right-of-use assets, with the transaction amount reaching or exceeding 20% of the Company's paid-in capital, 10% of its total assets, or NT$300 million, are listed as follows:

Date of Board Approval : 2025/05/05

Item and Nature of the Subject Matter	Shares of Walsin Electronics (5) Pte. Ltd.
Actual Transaction Amount	US$59,000,000
Counterparty	Walsin Electronics (5) Pte. Ltd.
Relationship between the Counterparty and the Company	The counterparty is a wholly-owned subsidiary of the Company
Original Acquisition Date and Price, the Original Counterparty, and its Relationship with the Company and Related Parties Thereof	Origianl Date of Acquisition: N/A
Original Price: N/A
Original Counterparty: N/A
The Original Counterparty’s Relationship with the Company and Related Parties Thereof: N/A
Purpose, Necessity and Anticipated Benefit of the Acquisition or Disposal of Assets	Long-term capital investment
Reason for Choosing the Related Party as a Counterparty	Capital injection
Valuation Report/CPA’S Opinion	N/A
Transaction Restrictions and Other Important Provisions	None

Date of Board Approval : 2025/08/07

Name and Nature of the Subject Matter	Lease subject matter (plant) located at No.566, Gaoshi Road, Gaoshanli, Yangmei District, Taoyuan City
Actual Transaction Amount	NT$584 thousand
Counterparty	Walsin Lihwa Corporation
Relationship between the Counterparty and the Company	The trading counterparty holds 18.3% equity of the company.
Original Acquisition Date and Price, the Original Counterparty, and its Relationship with the Company and Related Parties Thereof	Origianl Date of Acquisition: N/A
Original Price: N/A
Original Counterparty: N/A
The Original Counterparty’s Relationship with the Company and Related Parties Thereof: N/A
Purpose, Necessity and Anticipated Benefit of the Acquisition or Disposal of Assets	For use as plant.
Reason for Choosing the Related Party as a Counterparty	Due to business needs, the company intends to increase the leased area.
Valuation Report/CPA’S Opinion	N/A
Transaction Restrictions and Other Important Provisions	Transaction Restrictions: Should be used legally and not allow for sublease. (But sublease to related companies is allowed)

Date of Board Approval : 2025/08/07

Item and Nature of the Subject Matter	Shares of Walsin Electronics (S) Pte. Ltd.
Actual Transaction Amount	US$20,000,000
Counterparty	Walsin Electronics (S) Pte. Ltd.
Relationship between the Counterparty and the Company	The counterparty is a wholly-owned subsidiary of the Company
Original Acquisition Date and Price, the Original Counterparty, and its Relationship with the Company and Related Parties Thereof	Original Date of Acquisition: N/A
Original Price: N/A
Original Counterparty: N/A
The Original Counterparty’s Relationship with the Company and Related Parties Thereof: N/A
Purpose, Necessity and Anticipated Benefit of the Acquisition or Disposal of Assets	Long-term capital investment
Reason for Choosing the Related Party as a Counterparty	Capital injection
Valuation Report/CPA'S Opinion	N/A
Transaction Restrictions and Other Important Provisions	None

[Regulation 1]

Articles of Association of Walsin Technology Corporation

Amended and approved by the annual shareholders' meeting on Jun. 17, 2025

Chapter I General Principles

Article 1. The Company is organized in accordance with the Company Act and named as Walsin Technology Corporation.

Article 2. The following is the business scope of the company:

a. Manufacturing, processing, and selling of semiconductor components.
b. Manufacturing, processing, and selling of diode & photodiode products.
c. Manufacturing, processing, and selling of semiconductor & photodiode materials.
d. Providing semiconductor engineering, design, and technical services.
e. Authorized reseller and distributor of electronic and photodiode products from domestic/international manufacturers.
f. Manufacturing, processing, and selling of precision ceramics powder metallurgy.
g. Manufacturing, processing, and selling of chip resistor, capacitor, and inductor.
h. Manufacturing, processing, and selling of nickel hydrogen battery and lithium ion battery (rechargeable battery).
i. Operating import/export trade and distribution businesses (authorized businesses excluded).
j. CC01080 Electronic Parts and Components Manufacturing
k. CC01990 Other Electrical Engineering and Electronic Machinery Equipment Manufacturing
l. F119010 Wholesale of Electronic Materials.
m. F219010 Retail Sale of Electronic Materials.
n. ZZ99999 All business items that are not prohibited or restricted by law, except those that are subject to special approval.

Article 2-1. The Company may provide endorsements/guarantees to external parties for business needs.

Article 2-2. The total amount of the Company's investments in other companies is not subject to the restriction of 40% of the Company's paid-up capital.

Article 3. The Company set up its headquarters in Taipei City. When necessary, it may set up branch offices or factories domestically or abroad with a resolution by the Board of Directors.

Article 4. The company's announcement is handled in accordance with the regulations of the securities authority.

Chapter II Shares

Article 5. The total capital of the company is set at NT$8 billion, divided into 800 million shares, and each share is NT$10 par value. Authorize the board of directors to issue it in installments

In the event that the company's shares can be repurchased by the company in accordance with the law, the board of directors shall be authorized to do so in accordance with the law.

If the company intends to transfer the repurchased shares to employees at a price lower than the average price of the actual repurchased shares, it shall be approved by the general meeting of shareholders representing more than half of the total issued shares and more than two-thirds of the voting rights of the present shareholders.

Article 6. The Company may be exempted from printing share certificates if such shares have been registered with a securities depository enterprise.

Article 7. (Deleted)

Article 8. Shares which are transferred, lost or destroyed shall be handled in accordance with the Company Act and the relevant regulatory requirements.

Article 9. (Deleted)

Article 10. (Deleted)

Article 11. If the stocks are exchanged or reissued, the company may charge the cost of production.

Chapter III Shareholders' Meetings

Article 12. The shareholders' meetings of the Company are classified into two types. The general shareholders' meetings shall be annually convened by the Board within 6 months from the end of each fiscal year in accordance with the relevant laws and regulations. The special shareholders' meetings shall be convened in accordance with the relevant laws and regulations, whenever is necessary.

Article 13. The convening of regular and special meetings of shareholders shall be governed by the Company Act and the meeting proceedings shall be governed by the Company's rules and procedures governing Shareholders' meetings.

When the company's shareholders' meeting is held, it may be held by video conference or other methods announced by the central competent authority.

Article 14. If a shareholder is unable to attend the shareholders' meeting in person, shareholders may appoint proxies to attend Shareholders' meetings pursuant to the Company Act and the "Rules Governing the Use of Proxies for Attendance at Shareholders' meetings of PublicCompanies" promulgated by the competent authority by submitting proxy form printed and distributed by the Company and specifying the scope of authority therein.

Article 15. Unless otherwise provided for by law, the voting right of the Company's shareholders is based on one-share-one-vote.

Article 16. Unless otherwise regulated by law, a shareholders' meeting resolution is passed when more than 50% of all outstanding shares are represented in the meeting, and voted in favor by more than 50% of all voting rights represented at the meeting.

Article 17. The resolutions of the shareholders' meeting shall be prepared in the minutes, recording the time and date of the meeting, the venue, the name of the chairman, the number of shares present, the number of voting rights and the resolutions, and the minutes shall be distributed to each shareholder within 20 days after the chairman's signature or seal. The dissemination of the proceedings of the preceding paragraph can be done by public announcement.

Chapter IV Board of Directors and the Audit Committee

Article 18. The Company shall have 7 to 9 directors including, at least 3 independent directors. The Board of Director is authorized to determine the number of directors. Directors shall be

elected by adopting candidates nomination system as specified in Article 192-1 of the Company Act; the shareholder may elect the directors among the list of candidates.

The nomination of directors and related announcement or other relevant matters shall comply with the relevant laws and regulations of Company Act, Securities and Exchange Act, and etc.

The election of directors shall be in accordance with the election of directors of the Company. Unless otherwise stipulated in the decree, independent directors and non-independent directors shall be elected at one time, and their names shall be calculated separately. The term of office is three years.

Regardless of the company's earnings, the company is entitled to a fixed remuneration, and the number of authorized directors shall, in accordance with the recommendations of the Remuneration Commission, have regard to the degree of participation of the company and the value of the salary, and shall, in the light of domestic and foreign standards to decided. All directors shall hold no less than the number of shares specified by the competent authorities in accordance with the law.

In compliance with Article 14-4 of the Securities and Exchange Act, the Company shall establish an audit committee in replacement of the supervisors, which shall consist of all independent directors. The audit committee or the members of the audit committee shall be responsible for the responsibilities of supervisors specified under the Company Act, the Security and Exchange Act and other relevant regulations. The duties, rules of meeting, and other matters shall be in accordance with the relevant rules of the competent securities authority.

Within the Directors' terms of office, the Company may purchase liability insurance for the Directors' liability which shall be taken within the scope of their business according to laws, with reference to the standard of the industry domestic or abroad.

Article 18-1. More than half of the directors of the company shall not have following relations:

a. Spouse relationship
b. Relatives within the second class.

Article 19. When the vacancy of directors reaches one-third, the board of directors shall convene a by-election at an extraordinary meeting of shareholders within 60 days and its term of office shall be limited to the duration of the original term of office.

Article 20. The directors organize the board of directors and elect one of the chairman from each other in accordance with the law. Unless otherwise provided by laws and regulations, the chairman of the board of directors is the chairman of the shareholders meeting and the board of directors internally, and represents the company externally. The directors may also elect a vice chairman from each other.

Article 21. Unless otherwise stipulated by the Company Law, the board of directors must have more than half of the directors present, and its resolutions shall be implemented with the consent of more than half of the directors present.

Article 22. When the chairman asks for leave or is unable to exercise his powers for some reason, if the vice chairman has been appointed, the vice chairman shall act as his agent. If the vice chairman also asks for leave or cannot exercise his powers for some reason, the chairman shall designate a director to act as his representative. If an agent is not designated, the directors shall elect one person to act as an agent.

Article 23. The rights of the board of directors are as follows:

Review of important company rules.
Review of company business policy.
Preparation of company budget and final accounts.
The drafting of the company's surplus distribution or loss recovery plan.

The drafting of the company's capital increase or decrease is plan.
According to the law, the appointment and removal of important company personnel who are required by the board of directors.
Review of the company's business report.
The company's important property and real estate purchase and disposal plan.
Other powers granted by laws, regulations, and shareholders' meetings.

Article 24. (Deleted)

Article 25. (Deleted)

Article 26. Board Meetings shall be convened by the Chairman. The reasons for convening a Board meeting shall be notified to each Director at least 7 days in advance. However, in the event of an emergency, the meeting may be convened at any time. The meeting of the notice may be delivered in written, fax, or electronic form. Unless otherwise provided by the Company Act. A Director may authorize another Director as his/her proxy in attending a Board meeting. However, one proxy can only represent one other Director during a meeting.

Chapter V Managers

Article 27. The company has a president and several vice presidents. The management team takes the resolution of the board of directors to comprehensively manage all the company's business. The appointment, dismissal and remuneration are carried out by the resolution of the board of directors.

The powers of the manager of the company are stipulated by the appointment contract.

Article 28. (Deleted)

Article 29. The company may hire several consultants after the resolution of the board of directors.

Chapter VI Accounting

Article 30. At the end of the fiscal year of the company, the board of directors shall compile the following lists and send them to the audit committee for review 30 days before the shareholders meeting, and submit them to the shareholders meeting for approval, but the audit committee may entrust an accountant on behalf of the company to verify it when handling the previous business.

Business report.
Financial statements.
Proposal for surplus distribution or loss recovery.

Article 31. If the company makes a profit during the fiscal year, it shall allocate 2% to 10% as employee compensation (not less than 50% of the employees compensation amount shall be allocated to rank-and-file employees), which shall be distributed in stocks or cash. The board of directors shall be approved by more than two-thirds of the directors present and more than half of the present directors. The resolution is implemented and reported to the shareholders meeting. Employees include employees of affiliated companies who meet certain conditions. The company is able to increase the amount of profit, and the board of directors resolves to allocate no more than 2% as directors' remuneration.

However, when the company still has accumulated losses, it shall reserve the compensation amount in advance, and then allocate employees' compensation -

rank-and-file employees compensation and director compensation in proportion to the preceding paragraph.

When the company's fiscal year's final accounts have current surpluses, in addition to the legal provisions for income tax and making up previous years' losses, 10% of the statutory surplus reserve should be raised first, but this is not the case when the statutory surplus reserve has reached the total capital of the company. After the special surplus reserve is allocated or converted in accordance with the laws or regulations of the competent authority, the special surplus reserve may be set aside according to the business needs of the company. If there is a balance and the accumulated undistributed surplus, the board of directors shall draft a surplus distribution proposal. The shareholders' meeting shall be submitted to a resolution to distribute shareholder dividends.

Article 31-1. In addition to the distribution of the company's earnings in accordance with the provisions of Article 31 of the company's articles of association, the principle that the proportion of stock dividends shall not exceed 50% of the shareholders' dividends distributed in the current year, and the rest shall be paid in cash dividends; However, when the company obtains sufficient funds to meet the annual funding needs, the above-mentioned cash distribution ratio may be increased to 100% at discretion. As listed in the preceding paragraph, the company may decide the most appropriate dividend policy and payment method based on the actual operating conditions of the current year and the capital budget plan for the next year.

Chapter VII Supplementary Provisions

Article 32. The company's organizational rules and rules for handling matters are separately formulated.

Article 33. Any matters not specified in the Articles of Association shall be handled in accordance with the Company Act. relevant regulations.

Article 34. The Articles of Association was established on July 6, 1970. The 1st amendment was made on May. 28, 1971. The 2nd amendment was made on Oct. 26, 1971. The 3rd amendment was made on Dec. 15, 1972. The 4th amendment was made on Nov. 21, 1973. The 5th amendment was made on Jul. 20, 1974. The 6th amendment was made on Jul. 10, 1975. The 7th amendment was made on Apr. 20, 1977. The 8th amendment was made on Apr. 21, 1977. The 9th amendment was made on Jun. 20, 1978. The 10th amendment was made on Jun. 18, 1979. The 11th amendment was made on Sep. 11, 1979. The 12th amendment was made on Sep. 24, 1980. The 13th amendment was made on Aug. 16, 1989. The 14th amendment was made on May. 2, 1990. The 15th amendment was made on Mar. 28, 1991. The 16th amendment was made on May. 21, 1992. The 17th amendment was made on Jul. 17, 1992. The 18th amendment was made on Aug. 18, 1993. The 19th amendment was made on Jun. 4, 1994. The 20th amendment was made on Apr. 21, 1995. The 21st amendment was made on Sep. 26, 1995. The 22th amendment was made on May. 2, 1997. The 23th amendment was made on Jun. 8, 1998.

The 24th amendment was made on Jun. 24, 1999. The 25th amendment was made on Oct. 29, 1999. The 26th amendment was made on Jun. 26, 2000. The 27th amendment was made on May. 29, 2001. The 28th amendment was made on Jun. 12, 2002. The 29th amendment was made on Jun. 20, 2003. The 30th amendment was made on Apr. 30, 2004. The 31st amendment was made on Apr. 30, 2004. The 32th amendment was made on Jun. 23, 2005. The 33th amendment was made on Jun. 23, 2006. The 34th amendment was made on May. 30, 2007. The 35th amendment was made on Jun. 19,

The 36th amendment was made on Jun. 19, 2009. The 37th amendment was made on Jun. 25, 2010. The 38th amendment was made on Jun. 13, 2011. The 39th amendment was made on Jun. 18, 2013. The 40th amendment was made on Jun. 23, 2014. The 41th amendment was made on Jun. 22, 2016. The 42th amendment was made on Jun. 28, 2018 (Among them, Article 18 has been effective since the Year 2019, and the rest shall take effect after the resolution of the shareholders meeting). The 43th amendment was made on Jun. 19, 2019. The 44th amendment was made on Jun. 15, 2022. The 45th amendment was made on Jun. 17, 2025. Effective after the resolution of the shareholders meeting, the amendment is also the same.

[Regulation 2]

Walsin Technology Corporation
Rules of Procedures for Shareholders' Meetings

Amended and approved by the annual shareholders' meeting on Jun. 15, 2022

The rules of procedures for this Corporation's shareholders meetings (including physical shareholders meeting and video shareholder meeting) should be handled in accordance with these rules. Matters not stipulated in these rules should be handled in accordance with relevant laws and regulations and the company's articles of association.
Whenever the Rules refer to shareholders, they include the shareholders as well as any representative attending as their proxy.

If a shareholders meeting is convened by the board of directors, the meeting shall be chaired by the chairperson of the board according to the company Act 208. When the chairman of the board is on leave or for any reason unable to exercise the powers of the chairman, the chairman shall appoint one of the directors to act as chair, or, where the chairman does not make such a designation, the managing directors or the directors shall select from among themselves one person to serve as chair. If the shareholders' meeting is convened by a convener other than the board of directors, the chairman shall be the convener. If there are two or more conveners, one of the other conveners shall be elected.

When a director serves as chair, as referred to in the preceding paragraph, the managing director or director shall be one who has held that position for six months or more and who understands the financial and business conditions of the company. The same shall be true for a representative of a juristic person director that serves as chair.

This Corporation shall specify in its shareholders meeting notices the time during which shareholder attendance registrations will be accepted, the place to register for attendance, and other matters for attention.

The time during which shareholder attendance registrations will be accepted, as stated in the preceding paragraph, shall be at least 30 minutes prior to the time the meeting commences. The place at which attendance registrations are accepted shall be clearly marked and a sufficient number of suitable personnel assigned to handle the registrations.

Shareholders and their proxies (collectively, "shareholders") shall attend shareholders meetings based on attendance cards, sign-in cards, or other certificates of attendance. This Corporation may not arbitrarily add requirements for other documents beyond those showing eligibility to attend presented by shareholders. Solicitors soliciting proxy forms shall also bring identification documents for verification.

On the day of a shareholders meeting, this Corporation shall compile in the prescribed format a statistical statement of the number of shares obtained by solicitors through solicitation and the number of shares represented by proxies, and shall make an express disclosure of the same at the place of the shareholders meeting.

This Corporation, beginning from the time it accepts shareholder attendance registrations, shall make an uninterrupted audio and video recording of the registration procedure, the proceedings of the shareholders meeting, and the voting and vote counting procedures.

The recorded materials of the preceding paragraph shall be retained for at least one year. If, however, a shareholder files a lawsuit pursuant to Article 189 of the Company Act, the recording shall be retained until the conclusion of the litigation.

The number of shares attending is calculated based on the sign-in card handed in by the shareholders at the time of sign-in plus the written or electronic shareholding of the voting rights. Attending shareholders (or proxies) are requested to wear attendance cards and hand

in the sign-in card to sign in on their behalf. If the sign-in card is handed over to the company, it shall be deemed that the shareholder or agent on the sign-in card is present in person, and the company is not liable Responsibility identified.

The chairman shall call the meeting to order at the appointed meeting time and announce the relevant information such as the number of non-voting rights and the number of shares present.

However, when the attending shareholders do not represent a half of the total number of issued shares, the chair may announce a postponement, provided that no more than two such postponements, for a combined total of no more than one hour, may be made.

If the agenda of the shareholders meeting is convened by the board of directors, it shall be set by the board of directors; if it is convened by a person other than the board of directors who has the right to convene, it shall be set by the convener, and relevant proposals (including temporary motions and amendments to the original proposal) shall be adopted voted on one by one. For the resolution of the proposal, the meeting shall be conducted according to the scheduled agenda. The meeting shall not be changed unless it is resolved by the shareholders meeting. The scheduled agenda shall not be declared adjourned unless the meeting is resolved by the shareholders meeting.

When the chairman of the shareholders meeting announces the adjournment of the meeting in violation of the rules of procedure, The shareholders are able to elect one person as the chairman with a majority of the voting rights of the shareholders present and continue the meeting.

5-1 Appointment or dismissal of directors, change of articles of association, capital reduction, application for suspension of public offerings, directors' competition license, capital increase from surplus, capital increase from public reserves, company dissolution, merger, division, or the first paragraph of Article 185 of the Company Law. The main content of the matter should be listed and explained in the reason for the convening, and it cannot be proposed by a temporary motion; the main content can be placed on the website designated by the securities authority or the company, and its website should be included in the notice.

If the reason for convening the shareholders' meeting has stated that the directors shall be fully re-elected with the appointment date stated. After the re-election of the shareholders' meeting is completed, the same meeting shall not change the appointment date by ad hoc motion or other means.

Shareholders holding more than 1% of the total number of issued shares can submit a proposal of shareholders' meeting to the Company in writing. The proposal, acceptance, review, etc. are handled in accordance with the Company Act and relevant laws and regulations.

Prior to the date for issuance of notice of a shareholders meeting, this Corporation shall inform the proposing shareholders who submitted proposals of the proposal screening results, and shall list in the meeting notice the proposals that conform to the provisions of this article. At the shareholders meeting the board of directors shall explain the reasons for exclusion of any shareholder proposals in the agenda. The shareholders of the proposal shall attend the shareholders' meeting in person or entrust others to participate in the discussion of the proposal.

Before speaking, an attending shareholder must specify on a speaker's slip the subject of the speech, his/her shareholder account number (or attendance card number), and account name. The order in which shareholders speak will be set by the chair.

A shareholder in attendance who has submitted a speaker's slip but does not actually speak shall be deemed to have not spoken. When the content of the speech does not correspond to the subject given on the speaker's slip, the spoken content shall prevail. Shareholders do not

ask whether the agent is aware of the content of the power of attorney or other methods, and the statement or vote made by the agent shall prevail.

The explanation of the proposal is limited to five minutes, and each person is limited to three minutes for discussion of questions and answers. However, with the permission of the chairman, it may be extended once, and the limit is still three minutes.
Except with the consent of the chair, a shareholder may not speak more than twice on the same proposal, and a single speech may not exceed 5 minutes.
When discussing a proposal, the chairman may declare the end of the discussion within an appropriate period. If necessary, he may also declare the suspension of the discussion. The chairman shall put the vote to the end. In addition, the chair shall arrange an adequate amount of time for voting.
When a legal person is entrusted to attend the shareholders' meeting, the legal person can only appoint one representative to attend; when a legal person shareholder appoints two or more representatives to attend the shareholders' meeting, only one person may be allowed to speak the same proposal.
If the shareholder's speech is overtime or beyond the agenda, the chairman may stop his speech.
When the shareholders give the speech, other shareholders shall not interfere with the speech except with the consent of the chairman and the speaking shareholder, and the chairman shall stop the offender.
After the shareholders have spoken, the chairman may personally or designate relevant personnel to reply.
Unless otherwise stipulated in the Company Law and Articles of Association, the voting of the proposal shall be carried out with the approval of a majority of the voting rights of the shareholders present.

The counting of votes for shareholders' meetings or election proposals shall be done in a public place at the shareholders' meeting, and after the counting of votes is completed, the voting results shall be announced on the spot, including statistical weights, and recorded.

The voting rights of shareholders are calculated based on the voting rights of their representatives. When the company convenes a shareholder meeting, it shall adopt electronic means and may adopt a written method to exercise its voting rights; when it exercises its voting rights in writing or electronic means, its exercise method shall be stated in the notice of the shareholders meeting. Shareholders who exercise voting rights in writing or electronically are deemed to have attended the shareholders meeting in person. However, the provisional motion and the amendment to the original proposal of the shareholders meeting shall be deemed as abstention.

Shareholders shall exercise their voting rights in writing or electronically in accordance with the provisions of the Company Law and the "Guidelines for the Handling of Share Affairs of Companies Offering Public Shares".

When there are amendments or alternatives to the same proposal that do not coexist with the original proposal, the chairman shall determine the order of voting together with the original proposal. If one of the proposals has been passed by the statutory or the number of voting rights specified in the articles of association, the others cannot coexist. The motion is deemed to be vetoed and needless to be a vote.

When there's a directors election in the shareholders' meeting, it shall be conducted in accordance with the relevant election rules set by the company, and shall announce the results of the election on the spot, including the list of elected directors and the number of election rights and the list of directors who are not elected and the number of election rights obtained.

The chair may put the meeting in recess at appropriate times.

During a shareholders' meeting, in the event of an air raid alarm or other act of force majeure, the chair shall immediately declare the meeting ceased, and order all present to take appropriate proactive measures to evacuate, then when the cause for the cessation of the meeting ends, the chair may determine whether to resume the meeting.
These Rules shall take effect after approval by the shareholder meeting and the same procedure shall apply when they are amended.

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WTC — AGM Information 2026

52123_rns_2026-05-12_eec546f1-777f-4ae2-a013-4e21e35ac5dc.pdf

Walsin Technology Corporation

2026 Annual Shareholders' Meeting Agenda Handbooks

Walsin Technology Corporation

Table of Contents

Chapter 1. Meeting Procedure and Agenda

Chapter 2. Attachments

Chapter 3. Regulations

Walsin Technology Corporation

Procedure and Agenda for 2026 Annual Shareholders' Meeting

Announcements

Extempore Motions or Other Matters

WALSIN TECHNOLOGY CORPORATION

Revenue Recognition

Other Matter

Other Matter - the Parent Company Only Financial Statements

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

WALSIN TECHNOLOGY CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

WALSIN TECHNOLOGY CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

WALSIN TECHNOLOGY CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

WALSIN TECHNOLOGY CORPORATION AND SUBSIDIARIES

INDEPENDENT AUDITORS' REPORT

Opinion

Basis for Opinion

Key Audit Matters

Revenue Recognition

Other Matter

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

Auditors’ Responsibilities for the Audit of the Parent Company Only Financial Statements

Notice to Readers

WALSIN TECHNOLOGY CORPORATION

PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME

FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024

WALSIN TECHNOLOGY CORPORATION

WALSIN TECHNOLOGY CORPORATION

PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024 (In Thousands of New Taiwan Dollars)

Audit Committee’s Review Report

Audit Committee’s Review Report

Walsin Technology Corporation

Implementation Status of Repurchasing Company's Stock

Chapter III Shareholders' Meetings

Chapter IV Board of Directors and the Audit Committee

Chapter V Managers

Chapter VI Accounting

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WTC AGM Information 2026