Everlight Electronics Co., Ltd.

Meeting Minutes for 2026 Annual General Shareholders' Meeting

(Summary Translation)

Meeting Time : 9:00 a.m., June, 9, 2026

Meeting Venue : 3F, No. 469, Zhongyang Rd., Xinzhuang Dist., New Taipei City (Denwell Group, Xinzhuang)

Quorum : 305,649,815 shares (including 305,637,715 share by electronic transmission) were represented by the shareholders and proxies present, which amounted to 68.93% of the Company's 443,393,086 issued and outstanding shares.

Board Members Present : Yin-Fu Yeh, Jung-Chuen Lin, Ya-Hui Lin, Bo-Wen Zhou, Bang-Yan Liu, Ting-Wei Yeh

Attendance : Kai-Bao Shih (Accounting officer), Wen-I Chang (Manager of Legal Dept.), Yu-Ting Hsin (CPA), Meng-Wei Lin (Attorneys-at-Law)

Chairman : Yin-Fu Yeh

Recorder : Kai-Bao Shih

1. Chairman's Speech: (Omitted)

2. Reports Items :

(1) The 2025 Business Report.

Explanation :

The 2025 Business Report is attached hereto as Attachment 1.

(2) Report on Audit Committee's review of the 2025 business report and financial statements.

Explanation :

The Audit Committee's Review Report is attached hereto as Attachment 2 and 3.

(3) Proposal of the proportion of employees' compensation and directors' compensation of 2025.

A. According to the article 20 of Articles of Incorporation-- If the Company has gained profits within a fiscal year, 6% ~ 12% of the profits shall be reserved as the employees' compensation, and compensation for director shall not exceed 1%; employees of subsidiaries of the company meeting certain specific requirements are entitled to receive shares or cash as compensation. The term of certain specific requirements in this Article is authorized to be set by Board of Directors. The amount of employees' compensation mentioned above includes an allocation of no less than 20%, as required by the Securities and Exchange Act, designated for distribution to grassroots employees.

However, in case of the accumulated losses, certain profits shall first be reserved to cover them.

B. We reserve NT$284,559,796 as the employees' compensation and NT$28,077,619 as the directors' compensation.

1. Adoption Items :

(1) The 2025 Business Report and Financial Statements.

(Proposed by the Board of Directors)

The 2025 Business Report and Financial Statements were reviewed by the Audit Committee and approved by the Board of Directors' Meeting on March 11th, 2026.

The 2025 Business Report, Audit Report from the Certified Public Accountant (CPA) and Financial Statements are attached hereto as Attachments 1 and 2.

Resolution :

Number of voting rights of shareholders present at the time of voting are 305,649,815 rights

The voting results indicated that the original proposal has been approved

(2) Proposal for 2025 earnings distribution.

(Proposed by the Board of Directors)

A. Net income after tax in 2025 is NT$2,038,256,591, earnings distribution is complied with the Article of Incorporation.

B. The Board of Director proposed to set aside NT$1,835,647,376 for cash dividends, NT$ 4.14 per share. The Board of Directors authorized the Chairman subject to the approval of Annual General Shareholders' Meeting to set a record date on which the proposed cash dividend would be distributed according to the shareholding ratio of shareholders appeared in the register of shareholders on the designated record date of distribution.

C. Thereafter, if changes in the company's share capital affect the number of

outstanding shares, resulting in a change in the dividend payout ratio, the chairman is authorized to make necessary adjustments at their discretion.

D. In accordance with the related regulations, earnings distribution will be recognized individually, earnings from 2025 will be the priority distribution, retained earnings from previous years will be the distribution of the rest if it is insufficient.
E. Please see the table of earnings distribution as follow.

Everlight Electronics Co., Ltd.

| 2025 Table of Earnings Distribution
Unit: NT$ | | |
| --- | --- | --- |
| Item | Amount | |
| | Sub Total | Total |
| Retained earnings in the beginning of 2025 | | 1,155,862,035 |
| 2025 Retained Earnings | | |
| Add: Comprehensive income/loss for the period | (6,675,843) | |
| Add: Adj. for Changes in Invest. Co. Holders' Equity | 0 | |
| Add: Net income after tax of 2025 | 2,038,256,591 | |
| Retained earnings in the end of 2025 | | 2,031,580,748 |
| Earnings available for distribution | | 3,187,442,783 |
| 10% Legal reserve | (203,158,074) | |
| Deductions from equity and provision to special surplus reserve | 26,902,380 | |
| Shareholders' dividends-Cash | (1,835,647,376) | |
| Distribution subtotal | | (2,011,903,070) |
| Undistributed earnings by the end of 2025 | | 1,175,539,713 |

Shares outstanding is 443,393,086 shares.

Chairman: Yin-Fu Yeh

Manager: Yin-Fu Yeh

Chief Accounting Officer: Kai-Bao Shih

Resolution :

Number of voting rights of shareholders present at the time of voting are 305,649,815 rights

The voting results indicated that the original proposal has been approved

4. Discussion Items :

(1) Discussion of cash distribution from capital Surplus

A. The company plans to distribute from its capital surplus, a surplus of NT$159,621,511 obtained from issuing shares at a premium over the face value, at a rate of NT$0.36 per share, calculated up to the unit and rounded down thereafter. The fractional amount will be included in the company's other income. The cash dividends mentioned above will be distributed after approval at the shareholders' meeting. The chairman is authorized to set the ex-dividend date, payment date, and other relevant matters.

B. Thereafter, if changes in the company's share capital affect the number of outstanding shares, resulting in a change in the dividend payout ratio, the chairman is authorized to make necessary adjustments at their discretion.

(2) Discussion of amendment of the "Procedures for acquiring or disposing of assets" of the Company.

In accordance with the Financial Supervisory Commission's ruling No.

1140383333, it is proposed to amend certain provisions of the Company's

"Procedures for Acquisition or Disposal of Assets". For the comparison table of the amended provisions, please refer to Attachment 4.

Number of voting rights of shareholders present at the time of voting are

305,649,815 rights

1. Extempore motions: None.

(All proposals at this Annual General Shareholders' Meeting were passed without shareholder questions.)

1. Meeting Adjourned: 09:20 AM, June 9, 2026

The minutes of the shareholders' meeting records the essentials and results of the proceedings in accordance with Article 183, Item 4 of the Company Law. The contents, procedures and shareholder speeches of the meeting are still subject to the audio records of the meeting.

Attachment 1

Business Report

Preface

In 2025, following the inauguration of President Donald Trump in the United States, global political and economic uncertainties continued to increase. In particular, punitive tariff policies disrupted the existing global trade order and accelerated the restructuring of global supply chains. In addition, the Middle East geopolitical tensions arising from the Israel–Hamas conflict continued to escalate and have gradually developed into a confrontation between the supporting forces behind the two sides, namely the United States and Iran. Such developments further affected global energy transportation, resulting in sharp increases in oil and natural gas prices and, in turn, raising inflation expectations. Amid such uncertainties in the international political and economic environment, Taiwan benefited from growing demand for high-end chips driven by artificial intelligence (AI), which boosted exports and led to significant GDP growth.

Although Everlight did not directly benefit from the rise of AI servers, the Company maintained stable operating performance. In 2025, consolidated revenue amounted to NT$19.64 billion, representing a slight decrease of 6.4% as compared with the previous year. Benefiting from continued product mix optimization and effective cost control, gross margin increased by nearly 1 percentage point to 31%. As a result, operating income for 2025 increased slightly from the previous year to NT$2.46 billion. However, unlike 2024, when non-operating income made a positive contribution, non-operating income in 2025 declined significantly due to exchange rate fluctuations. Accordingly, net income attributable to owners of the parent amounted to NT$2.04 billion, representing a decrease of 31% from the previous year, and basic earnings per share (EPS) were NT$4.60.

The Board of Directors has approved the distribution of a cash dividend of NT$4.14 per share and a cash distribution from capital surplus of NT$0.36 per share, for a total cash distribution of NT$4.50 per share.

New technique and applications

Invisible light and automotive applications will remain Everlight’s key areas of development in 2026. As AI continues to generate new business opportunities, the demand for reducing labor costs in the manufacturing sector has long existed. Today, however, industrial automation can be integrated with AI to further advance smart manufacturing, thereby increasing demand for robotic arms, collaborative robots, and humanoid robots. In turn, new application opportunities have emerged for Everlight’s sensing components and photocouplers in detection and control modules used in manufacturing environments, creating new growth momentum.

In addition, a number of manufacturers have recently launched smart glasses products, also riding the wave of the AI trend and further expanding the market's imagination for wearable devices. Various market research institutions have forecast multiple-fold growth in smart glasses shipments, and the Company also expects demand for the sensing components used in smart glasses to grow accordingly. Everlight has long cooperated with leading manufacturers in the invisible light component market and has established a solid foundation in this field. Looking ahead, the Company will continue to enhance its research and development efforts in response to market trends and customer needs in order to further expand market presence.

As for the automotive market, although global vehicle sales recorded only slight growth over the past year, and market research institutions generally forecast only marginal growth or flat performance for this year, Everlight's market share in automotive products remains relatively low. Accordingly, the Company will focus on increasing its market share. In the past year, with respect to the headlamp market, which represents the largest share of LED value used in a vehicle, Everlight's newly developed headlamp products have already been adopted by customers, and the Company will continue to promote such products to expand market penetration. In the areas of interior lighting and backlight modules for automotive displays, Everlight's products, including Smart LED ambient lighting and Mini LED backlight modules, have also gained customer recognition. Going forward, the Company will continue to seek broader customer recognition of the quality and pricing of Everlight's automotive products in order to further expand the market.

Summary of 2026 business plan

Looking ahead to 2026, the international landscape remains unsettled, and geopolitical risks have affected not only countries surrounding the Middle East, but have also driven crude oil prices to remain at elevated levels, as oil transportation routes have effectively become bargaining chips in geopolitical negotiations. In addition, damage to infrastructure in oil-producing countries caused by the conflicts suggests that the period of high oil prices is unlikely to end in the short term. As a result, inflation expectations, which had previously come under control, may rise again. Meanwhile, AI tools capable of significantly enhancing productivity have also become a major justification for large-scale workforce reductions by enterprises, thereby increasing the likelihood of stagflation. Accordingly, the global economy in 2026 is expected to become increasingly difficult to predict under the influence of geopolitical factors.

With respect to the LED industry, following the restoration of supply-demand balance, prices have become relatively stable, while product demand and application areas continue to post modest annual growth. In response to changes in market trends, Everlight will leverage its accumulated research and development capabilities and

manufacturing quality to secure customer support, develop new markets, and expand market share. In addition, cost management has always been one of Everlight’s core competitive strengths. The Company will continue to optimize internal processes with the aim of creating greater value for shareholders amid the current volatility in the global political and economic environment.

We sincerely thank all our shareholders for their long-term support and recognition. The Everlight management team will continue to work diligently to create greater value for our shareholders.

And, I wish our shareholders good health and all going well with you.

Chairman:
Manager:
Chief Accounting Officer:

Attachment 2

Independent Auditors' Report

To the Board of Directors of Everlight Electronics Co., Ltd.:

Opinion

We have audited the financial statements of Everlight Electronics Co., Ltd. ("the Company"), which comprise the balance sheets as of December 31, 2025 and 2024, and the statements of comprehensive income, changes in equity and cash flows for the years then ended, and notes to the financial statements, including a summary of material accounting policies.

In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2025 and 2024, and its financial performance and its 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 Standards on Auditing of the Republic of China. Our responsibilities under those standards are further described in the Auditors' Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the Company in accordance with The Norm of Professional Ethics for Certified Public Accountant of the Republic of China, 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 of 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 financial statements of the current period. These matters were addressed in the context of our audit of the financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters. The key audit matters we judged shall be presented in the financial report as follows:

1. Inventory valuation

Please refer to note 4(g) for accounting policy related to valuation of inventory; note 5 for uncertainty of inventory valuation; and note 6(f) for information regarding inventory and related expenses.

Description of key audit matters:

Due to the impact of product life cycle and industrial competition in electronic industry, the price variability on the inventory of the Company is expected. Therefore, the test of inventory valuation is one of the significant assessment items in our audit procedures.

Audit procedures:

Our principal audit procedures included: assessing the allowance for inventory valuation and obsolescence losses to determine whether the policies of the Company and the accounting policies are applied accordingly, and challenging the adequacy of the Company’s provisions against inventories which we corroborated on a sample basis by testing the appropriateness of ageing listing, understanding the basis for valuation of net realized value used by the management of the Company and selecting appropriate samples to verify the reasonableness of inventory valuation.

1. Revenue recognition

Please refer to note 4(q) for the accounting policy of revenue; and note 6(r) for information regarding revenue recognition.

Description of key audit matters:

The main activities of the Company include manufacturing and selling of products on light-emitting and sensing components. The sales revenue is a key matter in the financial statements, and the amounts and changes of sales revenue may affect the users' understanding of the entire financial statements. Therefore, testing over revenue recognition is one of the significant assessment items in our audit procedures.

Audit Procedures:

Our principal audit procedures included: testing the related controls surrounding the aforementioned sales and collection cycle; testing to verify with relevant documents; as well as selectively conducting external confirmations in order to evaluate the accuracy of the timing of the operating revenue recognition and determine whether related accounting policies are applied appropriately by the Company.

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

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

In preparing the financial statements, management is responsible for assessing the 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.

Auditor's Responsibilities for the Audit of the Financial Statements

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

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

1. Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
2. 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.
3. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management.
4. 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 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.
5. Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
6. Obtain sufficient and appropriate audit evidence regarding the financial information of the investment in other entities accounted for using the equity method to express an opinion on the financial statements. We are responsible for the direction, supervision and performance of the 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 financial statements of the current period 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 audit resulting in this independent auditors’ report are Hsin, Yu-Ting and Kuo, Kuan-Ying.

KPMG

Taipei, Taiwan (Republic of China)
March 11, 2026

Notes to Readers

The accompanying financial statements are intended only to present the financial position, financial performance and cash flows in accordance with the 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 financial statements are those generally accepted and applied in the Republic of China.

The independent auditors’ audit report and the accompanying financial statements are the English translation of the Chinese version prepared and used in the Republic of China. If there is any conflict between, or any difference in the interpretation of the English and Chinese language independent auditors’ audit report and financial statements, the Chinese version shall prevail.

(English Translation of Financial Statements Originally Issued in Chinese)
EVERLIGHT ELECTRONICS CO., LTD.
Balance Sheets
December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars)

See accompanying notes to financial statements.

(English Translation of Financial Statements Originally Issued in Chinese)
EVERLIGHT ELECTRONICS CO., LTD.
Statements of Comprehensive Income
For the years ended December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars Except for Earnings Per Share, which is expressed in New Taiwan Dollars)

See accompanying notes to financial statements.

(English Translation of Financial Statements Originally Issued in Chinese)
EVERLIGHT ELECTRONICS CO., LTD.
Statements of Changes in Equity
For the years ended December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars)

Balance at January 1, 2024
Appropriation and distribution of retained earnings:
Legal reserve
Special reserve
Cash dividends of ordinary share
Profit for the year
Other comprehensive income for the year
Total comprehensive income for the year
Charges in equity of associates and joint ventures accounted for using equity method
Others
Balance at December 31, 2024
Appropriation and distribution of retained earnings:
Legal reserve
Special reserve
Cash dividends of ordinary share
Profit for the year
Other comprehensive income for the year
Total comprehensive income for the year
Others
Balance at December 31, 2025

Independent Auditors' Report

To the Board of Directors of Everlight Electronics Co., Ltd.:

Opinion

We have audited the consolidated financial statements of Everlight Electronics Co., Ltd. and its subsidiaries (“the Group”), which comprise the consolidated balance sheet as of December 31, 2025 and 2024, the consolidated statement of comprehensive income, changes in equity and cash flows for the years then ended, and notes to the consolidated financial statements, including a summary of material accounting policies.

In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Group as at 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 with the International Financial Reporting Standards ("IFRSs"), International Accounting Standards ("IASs"), Interpretations developed by the International Financial Reporting Interpretations Committee ("IFRIC") or the former Standing Interpretations Committee ("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 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 of 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 of the current period. 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 matters we judged shall be presented in the financial report as follows:

1. Inventory valuation

Please refer to note 4(h) for accounting policy related to valuation of inventory; note 5 for uncertainty of inventory valuation; and note 6(f) for information regarding inventory and related expenses.

Due to the impact of product life cycle and industrial competition in electronic industry, the price variability on the inventory of the Group is expected. Therefore, the test of inventory valuation is one of the significant assessment items in our audit procedures.

Audit procedures:

Our principal audit procedures included: assessing the allowance for inventory valuation and obsolescence losses to determine whether the policies of the Group and the accounting policies are applied accordingly, and challenging the adequacy of the Group’s provisions against inventories which we corroborated on a sample basis by testing the appropriateness of ageing listing, understanding the basis for valuation of net realized value used by the management of the Group and selecting appropriate samples to verify the reasonableness of the inventory valuation.

1. Revenue recognition

Please refer to note 4(q) for the accounting policy of revenue; and note 6(v) for information regarding revenue recognition.

The main activities of the Group include manufacturing and selling of products on light-emitting and sensing components. The sales revenue is a key matter in the consolidated financial statements, and the amounts and changes of sales revenue may affect the users' understanding of the entire financial statements. Therefore, testing over revenue recognition is one of the significant assessment items in our audit procedures.

Audit Procedures:

Our principal audit procedures included: testing the related controls surrounding the aforementioned sales and collection cycle; testing to verify with relevant documents; as well as selectively conducting external confirmations in order to evaluate the accuracy of the timing of the operating revenue recognition and determine whether related accounting policies are applied appropriately by the Group.

Other Matter

Everlight Electronics Co., Ltd. has additionally prepared its parent company only financial statements as of and for the years ended December 31, 2025 and 2024, on which we have issued an unmodified opinion.

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 Regulations Governing the Preparation of Financial Reports by Securities Issuers and with the IFRSs, IASs, IFRC, 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.

Auditor's 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 auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the Standards on Auditing of the Republic of China will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these consolidated financial statements.

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

1. Identify and assess the risks of material misstatement of the consolidated financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material 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.
2. 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.

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

4. 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 auditor's 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 auditor's report. However, future events or conditions may cause the Group to cease to continue as a going concern.

5. 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.

6. Obtain sufficient and appropriate audit evidence regarding the financial information of the 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 of the current period and are therefore the key audit matters. We describe these matters in our auditor's report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.

The engagement partners on the audit resulting in this independent auditors' report are Hsin, Yu-Ting and Kuo, Kuan-Ying.

KPMG

Taipei, Taiwan (Republic of China)

March 11, 2026

Notes to Readers

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

The independent auditors' audit report and the accompanying consolidated financial statements are the English translation of the Chinese version prepared and used in the Republic of China. If there is any conflict between, or any difference in the interpretation of the English and Chinese language independent auditors' audit report and consolidated financial statements, the Chinese version shall prevail.

(English Translation of Consolidated Financial Statements Originally Issued in Chinese)
EVERLIGHT ELECTRONICS CO., LTD. AND SUBSIDIARIES
Consolidated Balance Sheets
December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars)

See accompanying notes to consolidated financial statements.

(English Translation of Consolidated Financial Statements Originally Issued in Chinese)

EVERLIGHT ELECTRONICS CO., LTD. AND SUBSIDIARIES

Consolidated Statements of Comprehensive Income

For the years ended December 31, 2025 and 2024

(Expressed in Thousands of New Taiwan Dollars Except for Earnings Per Share, which is expressed in New Taiwan Dollars)

See accompanying notes to consolidated financial statements.

(English Translation of Consolidated Financial Statements Originally Issued in Chinese) EVERLIGHT ELECTRONICS CO., LTD. AND SUBSIDIARIES Consolidated Statements of Changes in Equity For the years ended December 31, 2025 and 2024 (Expressed in Thousands of New Taiwan Dollars)

(English Translation of Consolidated Financial Statements Originally Issued in Chinese) EVERLIGHT ELECTRONICS CO., LTD. AND SUBSIDIARIES

Consolidated Statements of Cash Flows

For the years ended December 31, 2025 and 2024

(Expressed in Thousands of New Taiwan Dollars)

Attachment 3

Everlight Electronics Co., Ltd.

Audit Committee’s Review Report

The board of directors has prepared and submitted the Company’s 2025 Business Report, Financial Statements and Proposal for Earnings Distribution of the Company for the year 2025. Yu,Ting-Hsin CPA and Kuo,Kuang-Ying CPA of KPMG have also audited the financial statements and issued the auditors’ report. The Business Report, Financial Statements and Proposal for Earnings Distribution of the Company for the year 2025 have been reviewed and determined to be correct and accurate by the Audit Committee members of Everlight Electronics Co., Ltd. According to article 14-4 of the Securities and Exchange Act and Article 219 of the Company Act, we hereby submit the report.

Hereto

2026 Annual General Shareholders’ General Meeting

Chairman of the Audit Committee: Jung-Chun, Lin

Date: March 11th, 2026

Attachment 4

Comparison Table for the” Procedures for acquiring or disposing of assets” Before and After Version

1. Where equipment or right-of-use assets thereof for business use are acquired or disposed of, and furthermore the transaction counterparty is not a related party, and the transaction amount meets any of the following criteria:
   A. For a public company whose paid-in capital is less than NT$10 billion, the transaction amount reaches NT$500 million or more.
   B. For a public company whose paid-in capital is NT$10 billion or more, the transaction amount reaches NT$1 billion or more.

(Omitted) | Standards for Mandatory Announcement & Report
(Omitted)

1. Where equipment or right-of-use assets thereof for business use are acquired or disposed of, and furthermore the transaction counterparty is not a related party, and the transaction amount meets any of the following criteria:
   A. For a public company whose paid-in capital is less than NT$10 billion, the transaction amount reaches NT$500 million or more.
   B. For a public company whose paid-in capital is NT$10 billion or more but less than NT$50 billion, the transaction amount reaches NT$1 billion or more.
   C. For a public company with paid-in capital of NT$50 billion or more, where the transaction amount reaches 5% or more of the company’s paid-in capital.

(Omitted)

1. For a public company with paid-in capital of NT$50 billion or more, any trading of government bonds, ordinary corporate bonds, and general bank debentures not involving equity rights (excluding subordinated bonds) on a stock exchange or at the business place of a securities firm, which does not fall under any of the circumstances set out in the proviso to Subparagraph 8, and where the counterparty to the transaction is not a related party, if the transaction amount reaches 5% or more of the company’s paid-in capital. | Amended in accordance with FSC Securities Issuance Order No. 1140383333. |
   | | 7. Where an asset transaction other than any | 8. Where an asset transaction other than any | |