Synnex Technology International Corp. 2025 General Shareholders’ Meeting Minute

Agenda for 2025 General Shareholders’ Meeting of Synnex Technology International Corp.

• I. Time: May 29, 2025 (Thursday) 9:00 am

• II. Location: 1F, No. 209, Section 1, Nangang Road, Taipei City Meeting called to order

• III. Convening Method: Physical shareholders' meeting

• IV. Total outstanding Synnex shares ： 1,667,946,968 shares

• V. Total shares represented by shareholders present in person or by proxy ： 1,452,126,237 shares Percentage of shares held by shareholders present in person or by proxy ： 87.06%

• VI. Chairman ： Miau Feng-Chiang

• VII. Recorder ： Lin Shu-Chen

• VIII. Directors present ： Miau Feng-Chiang 、 Tu Shu-Wu 、 Chou Teh-Chien 、 Tu Shu-Chyuan

• IX. Independent Directors present ： Chung Hui-Min 、 Shen Ling-Long

• X. Attendees ： Lawyer Cheng Hui-Yu 、 Accountants Huang Shih-Chun (Yeh Tsui-Miao represented)

• XI. Announcement to start meeting

• XII. Chairman’s Statements (omitted)

• XIII. Reports

• No. 1 The Company’s 2024 business report is hereby submitted for

• Agenda: inspection.

• Description: Please refer to Attachment 1.

No. 2

The Audit Committee’s review of the Company's 2024 financial Agenda: statements is hereby submitted for inspection.

• Description: Please refer to Attachment 2 and 3.

• No. 3

The report on the Company's 2024 distribution of remuneration to Agenda: employees and directors is hereby submitted for inspection.

• (I) According to Article 38 of the Company's Articles of

• Description: Incorporation, the Company's profit before tax of the year

before deducting remuneration to employees and directors and after making up for losses should be applied towards distributing remuneration to employees for an amount not exceeding 10% and not less than 0.01% of the balance, and to directors for an amount not more than 1% of the balance.

• (II) It is hereby proposed that for the year 2024 NT$1 million (approximately 0.01%) in employee remuneration and NT$10.8 million (approximately 0.1%) in directors' remuneration should be distributed, both of which will be paid in cash.

No. 4

The report on the 2024 distribution of cash dividends from earnings is Agenda: hereby submitted for inspection.

• (I) This proposal is based on Article 38-1 of the Articles of

• Description: Incorporation which authorizes the Board of Directors to resolve to distribute all or part of the dividends and bonus in cash, and report to the shareholders’ meeting.

• (II) A cash dividend of NT$6,671,787,872 is distributed to shareholders at NT$4.0 per share. The cash dividend will be paid up to NT$1, and the amounts below NT$1 will be rounded off. The total amount of dividends distributed to fractional shares less than NT$1 will be included in the Company’s other income.

• (III) This proposal has been approved by the Board of Directors and the Chairman of the Board is authorized to set the ex-dividend base date, distribution date and other related matters; thereafter, if the number of common shares in circulation of the Company changes, resulting in a change in the payout ratio, the Chairman of the Board is also fully authorized to make adjustments.

XIV. Ratifications

No. 1 (Proposed by Board of Directors) Agenda: The Company's 2024 financial statements are hereby submitted for ratification.

• Description: (I) The Company's 2024 business report and financial report have been approved by the Board of Directors and sent to the Audit Committee which has completed the review procedures. For relevant information, please refer to Attachments 1 and 3.

• (II) Please ratify.

Resolution: Voting Results ： Shares represented at the time of voting ： 1,443,969,690

Votes abstained ： 155,427,179 votes 10.76％

RESOLVED, that the above proposal be and hereby was approved as proposed.

No. 2 (Proposed by Board of Directors) Agenda: The Company's 2024 earnings distribution is hereby submitted for ratification.

(I) The Company's 2024 earnings distribution has been approved Description: by the Board of Directors and sent to the Audit Committee which has completed the review procedures. Please refer to Attachment 4.

(II) Please ratify.

Resolution: Voting Results ： Shares represented at the time of voting ： 1,443,969,690

RESOLVED, that the above proposal be and hereby was approved as proposed.

XV. Discussions

No. 1 (Proposed by Board of Directors) Proposed amendment to certain clauses of the Articles of Agenda: Incorporation is submitted for approval.

(I) Proposed amendment to certain clauses of the Articles of Description: Incorporation is prepared in accordance with the actual requirements of the Company. For Comparison Table of Amended Clauses, please refer to Attachment 5. (II) Please resolve.

Resolution: Voting Results ： Shares represented at the time of voting ： 1,443,969,690

RESOLVED, that the above proposal be and hereby was approved as proposed.

XVI. Extraordinary Motions

XVII. Meeting adjourned

(No inquiries were raised by shareholders at the Shareholders’ Meeting)

Attachment 1

Business Report

2024 will prove to be a year of critical turning point in history! Many countries around the world have experienced drastic geopolitical and economic changes, bringing numerous shocks to the rest of the world. Rather than easing, the ongoing wars have intensified. The high international trade barriers have led to the fragmentation and reorganization of the global economic and trade order. The increased uncertainty in government policies in major countries has further impacted the rapid volatility of the global economy. While the multiple energy price hikes have led to enormous pressure on people’s livelihood and business operations. Alternatively, the world is seeing major technological innovations that only occur once every decade or so. Artificial intelligence (AI), electric vehicles, and a number of new technologies are bringing endless new business opportunities and visions. Innovation has brought forth paradigm shifts, leading to a drastic reshuffling in industries. Confronted by both new opportunities and the turbulent environment, challenges are always around the corner, testing the decision-making ability of business operations!

In 2024, amidst the turbulent environment, Synnex's business and HQ teams strove to achieve breakthroughs and expansions, leading to heightened business scale and strategic layout in the four major product categories. These include the semiconductor business, enterprise solution business, IT consumer business, and mobile device business. In addition, we also saw enormous progress in the Taiwan & China technical service business and the SYN Logistics business, helping to set a record high in the Group's consolidated revenue.

In addition to the breakthroughs in business, we are also starting to see results after implementing digital transformation for six years. Digitalization is in Synnex's genes. Having started computerization in as early as 1984, we have been continuously refining our operational knowledge into computer systems to assist business decisionmaking and help employees to learn. This year marks the 20th anniversary of the HQ Planning & Management Divisions. Established in 2005, it is in charge of building a transnational management mechanism and leading the development and optimization of ERP. In 2014, the Gen 7 system was successfully upgraded, enabling a multinational, diversified Group ERP business model that significantly facilitated our multinational operations. In 2019, Synnex initiated a new phase of digital transformation, introducing AI software to gain insight into market operational patterns through "pattern analysis". We also used "bias analysis" to explore hidden inefficiencies and losses, identifying ineffective operations that consumed channel resources and created unnecessary losses. In 2022, Synnex further optimized the new generation ERP architecture. By accelerating external digital connections with vendors and customers, we provided real-time, transparent and precise operation

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management information to partners throughout our supply chain and facilitated customers to concentrate resources on markets with enhanced efficiency. Internally, we comprehensively connected all eight of our operational systems to thoroughly reduce offline manual work. Besides reducing employees' workload, it also enables their work to be more knowledge-intensive, allowing them to focus on information interpretation and communications. Over the past six years, we have experienced a comprehensive transformation of existing and new awareness, and successfully transformed digital operations, division of labor, and organizational framework, allowing Synnex to achieve a new outlook in operation management and primed to take on the future.

2024 also marks a year of milestones for Synnex Group as we welcomed our ideal headquarters building. Constructed as a pioneering investment, the new building adopts customized specifications including top-notch seismic resistant and electromechanical security measures, optimized internal traffic flow, and humancentered design thinking infused into every detail. It is meant to enrich employees' daily lives with sunlight, fresh air, and water. The exterior facade of the Synnex Tower is inspired by the keystone of a classical vaulted building, symbolizing Synnex's commitment to being the keystone that bridges vendors and customers, achieving steady and continuous growth, and winning long-term trust.

After six years of digital transformation and internal rectification, Synnex's overall operational structure has become more lean, flexible, and agile. With the breath of fresh air ushered in by our new building, 2025 will be a year for Synnex to fully seize the market and strive for momentous growth.

Below are the key operational highlights of 2024:

1. Revenue and profit

Synnex's 2024 consolidated revenue was NT$426 billion, representing 8% growth from the NT$396 billion in 2023. The net profit after tax was NT$9.21 billion, which is an increase of 26% from the NT$7.29 billion in 2023. The after-tax EPS was NT$5.52, which is up 26% from NT$4.37 in 2023.

2. Concrete business results

• (1) The four major product categories have all achieved comprehensive growth. In particular, the semiconductor business has continued to expand the number of customers for its MSP services, thereby reaching new revenue records for four consecutive years and achieving an annual increase of 9%. The Group's enterprise solution business seized AI-related opportunities and achieved record revenue, up 10% from the previous year. The Group's mobile device business actively expanded new products and recruited sales reps, showing a significant revenue increase of 24%, setting a six-year record. Meanwhile, the Group's IT consumer business resisted inventory destocking and sluggish

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demand, and achieved revenue growth of 2%.

• (2) The Taiwan & China "technical service business" continued to expand the number of vendors and the breadth and depth of its services, resulting in a 3% growth. SYN Logistics continued to expand its warehouse service deployed in cloud platform, having served more than 1.6 million households in door-to-door delivery services.

• (3) Our overseas joint ventures also performed well, with the three ASEAN countries (Indonesia, Thailand, and Vietnam) actively expanding their 450 million demographic dividend and continuing to grow strongly, achieving a 16% revenue growth. Revenues in India, the Middle East and North Africa reached a new high for the fourth consecutive year, growing by 9%.

The important production and marketing policies for 2025 are respectively described as follows:

1. In terms of our various businesses, including semiconductor, commercial information, consumer information, communications, recruitment, and cloud service sectors, by utilizing the Management Service Platform (MSP) as a core, we continued to develop and adjust service and business models to enhance service quality and efficiency, driving for business expansion.

2. We actively focused on seizing new opportunities in AI-related applications, green technology, smart mobile office and other fields.

3. Continued to expand the logistics service business and corporate customer technical service business to develop them into fields with high value and growth.

4. Continued to expand the application of AI and smart tools, especially in business decision-making, operational risk control, and operational quality management in order to reduce inefficiencies and losses. This helps us to focus resources on highperforming businesses and improve operating efficiency.

The international situation is unpredictable and challenges will only become more severe in the future. SYNNEX will continue to uphold "stable, continuous, and growth," and constantly enhance our capabilities, stay up-to-date, and steadily move forward. We hope that our shareholders will continue to push us and support us!

Warm regards,

Chairman:Miau, Matthew Feng Chiang President:Tu Shu-Wu

Senior Director of Finance: Lin Tai-Yang

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Attachment 2

Synnex Technology International Corp. Audit Committee's report

The board of directors has prepared and submitted the 2024 business report, financial reports (including consolidated and individual financial reports), and earnings distribution proposal. The board of directors have appointed CPA Huang Shih-Chun and CPA Liang Yi Chang of PricewaterhouseCoopers Taiwan to audit the financial statements, and they have submitted an audit report. The audit committee has reviewed the business report, the financial reports, and the earnings distribution proposal and did not find any instances of noncompliance. According to Article 14-4 of the Securities and Exchange Act and Article 219 of the Company Act, it is hereby submitted for review and perusal.

To

Synnex Technology International Corp. 2025 General Shareholders' Meeting

Synnex Technology International Corp.

Chairman of the Audit Committee: Chung Hui-Min

March 12, 2025

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Attachment 3

INDEPENDENT AUDITORS’ REPORT TRANSLATED FROM CHINESE

PWCR24000462

To the Board of Directors and Shareholders of Synnex Technology International Corporation

Opinion

We have audited the accompanying consolidated balance sheets of Synnex Technology International Corporation and its subsidiaries (the “Group”) as at December 31, 2024 and 2023, and the related consolidated statements of comprehensive income, of changes in equity and of cash flows for the years then ended, and notes to the consolidated financial statements, including a summary of material accounting policies.

In our opinion, based on our audits and the reports of other auditors (see information disclosed in the Other Matter section of our report), the accompanying consolidated financial statements present fairly, in all material respects, the consolidated financial position of the Group as at December 31, 2024 and 2023, 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 the International Financial Reporting Standards, International Accounting Standards, IFRIC Interpretations, and SIC Interpretations as endorsed by the Financial Supervisory Commission.

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 Auditor’s Responsibilities for the Audit of the Consolidated Financial Statements section of our report. We are independent of the Group in accordance with 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 judgement, were of most significance in our audit of the Group’s 2024 consolidated financial statements. These matters were addressed in the context of our audit of the consolidated financial statements as a whole and, in forming our opinion thereon, we do not provide a separate opinion on these matters.

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Key audit matters for the Group’s 2024 consolidated financial statements are stated as follows:

Assessment of allowance for uncollectible accounts

Description

Please refer to Notes 4(10) ＆ (11) for accounting policies adopted for accounts receivable. Please refer to Note 5(2), for critical accounting estimates and key sources of assumption uncertainty of loss allowance for accounts receivable. Please refer to Note 6(5) for details of accounts receivable.

The Group is primarily engaged in the sale of communication products, consumer electronic products, and semiconductor products. The Group manages the collection of accounts receivable from customers and bears the associated credit risk. The Group assesses impairment of accounts receivable in accordance with IFRS 9, ‘Financial instruments’. The management categorized the accounts receivable assessment into individual provision and group provision. For individually assessed accounts receivable, allowance is recognized on a case-by-case basis. The assessment process is affected by management’s judgement on various factors: customers’ financial conditions, internal credit ratings, historical transaction records, and current economic conditions, etc. For group assessed accounts receivable, assessment process is affected by management’s judgement on historical uncollectible records, current economic conditions and the forward-looking information to assess the default possibility of uncollectible accounts.

As management’s judgement on allowance for uncollectible accounts is relatively subjective and the estimated amount is material to the financial statements, therefore, we indicated that the assessment of allowance for uncollectible accounts as one of the key audit matters.

How our audit addressed the matter

We performed the following audit procedures in relation to the key audit matter:

1. Obtained an understanding of the credit quality of the Group’s customers, assessed the classification of accounts receivable, the policies and the procedures applied in loss allowance provision.

2. For individually assessed accounts, selected and verified samples of managements’ impairment evaluation. Discussed with management the assessment results and evaluated the provision.

3. For accounts assessed as a group, considered historical uncollectible records and the management’s forward-looking adjustment information to determine the provision ratio of allowance for uncollectible accounts. For significant accounts, examined subsequent collections after balance sheet date.

Assessment of allowance for valuation of inventory

Description

Please refer to Note 4(14) for description of accounting policies on allowance for inventory valuation.

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Please refer to Note 5(2) for accounting estimates and assumption uncertainty. Please refer to Note 6(8) for details of inventory items.

For the purpose of meeting diverse customer needs, the Group applied multi-brand and multi-product strategy. However, due to rapid changes in technology, the short life cycle of electronic products, and the price highly affected by market fluctuation, there is a high risk of incurring inventory valuation losses. The Group’s inventory policy on inventory valuation is based on the lower of cost or net realizable value. The net realizable value of inventory was identified on an item-by-item basis. The Group then applied the lower of cost or net realizable value method for recognizing loss on decline in market value.

As management’s judgement on net realizable value of inventory is relatively subjective

and the valuation amount is material to the financial statements, therefore, we indicated that the assessment of allowance for valuation of inventory as one of the key audit matters.

How our audit addressed the matter

We performed the following audit procedures in relation to the key audit matter:

1. Obtained an understanding of the policy applied to the assessment of allowance for valuation of inventory loss. Assessed whether the allowance recognition policy is applied.

2. Obtained net realizable value report for inventory items and verified the systematic logic applied to the calculation. First, tested the assumptions such as: sources of sales or purchases data and relevant supporting estimation documents. Second, recalculated net realizable value item-by-item, then applied the lower of cost or net realizable value method for valuation and examined whether reasonable allowance was recognized.

3. Compared current and previous years’ rate of allowance for valuation of inventory. Reviewed each period’s days sales of inventory in order to assess the recognition of allowance.

Assessment of purchase rebate

Description

Please refer to Note 4(14) for accounting policies adopted for the recognition of purchase rebate. Please refer to Note 5(2) for critical accounting estimates and assumptions applied in the accounting policy for the recognition of purchase rebate.

The Group engages in various purchase contracts for different items with different suppliers. There are various types of rebate programs including incentives for certain purchase volume from vendors, purchase discounts and allowances, participations in special purchase promotions, and subsidies for marketing. The Group estimates rebates that shall be recognized in accordance with the percentage of achievement of the rebate contract terms.

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There are various types of rebate programs, complicated calculations and transactions with different suppliers as well as the manual process involved in the verification and calculation of rebates. All of these aforementioned factors add to the complexity of assessing purchasing rebate. Thus, we indicated that the assessment of purchase rebate as one of the key audit matters.

How our audit addressed the matter

We performed the following audit procedures in relation to the key audit matter:

1. Obtained an understanding and tested the internal controls over the estimation of purchase rebate. Tested the appropriate controls over contractual terms regarding rebates. Checked whether the recognition of rebate amount has been approved by the proper authority.

2. For the purchase rebates which have been recognized as of the balance sheet date but not yet confirmed by vendors, in addition to performing sampling and testing of evidence regarding confirmed credit notes or other supporting documents, examined whether there exists any incidents of additional significant rebates occurring after balance sheet date that should have been recognized in the books of accounts as of balance sheet date.

3. For the purchase rebates which have been recognized but not yet confirmed by suppliers after balance sheet date, performed details sampling regarding estimation of purchase rebates, obtained supporting documents of the sampled products, and recalculated both estimated amount and recognized amount of purchase debates.

4. Selected samples of significant outstanding rebate receivable accounts and tested subsequent collections after the balance sheet date.

Other matter – Reference to report of other independent auditors

We did not audit the financial statements of certain subsidiaries which were included in the consolidated financial statements of the Group and were audited by other auditors whose reports thereon have been furnished to us, and our opinion expressed herein, in so far as it relates to the amounts and the information disclosed in included in these financial statements, is based solely on the reports of the other auditors. Those subsidiaries’ statements reflect total assets of NT$272 thousand and NT$11,586 thousand, constituting 0% and 0% of the consolidated total assets as of December 31, 2024 and 2023, respectively, and total operating revenues of both NT$0 thousand, both constituting 0% of the consolidated total operating revenues for the years then ended. In addition, as stated in Note 6(9), the financial statements and the information disclosed of certain investments accounted for using equity method were audited by other auditors whose reports thereon have been furnished to us. For the years ended December 31, 2024 and 2023, the recognized net profit of investments accounted for using equity method was NT$1,378,447 thousand and NT$1,281,817 thousand, respectively, constituting 14% and 16% of the consolidated net profits, respectively; the recognized comprehensive income of investments accounted for using equity method was NT$1,506,748 thousand and NT$931,148 thousand, respectively, constituting 9% and 16% of the consolidated comprehensive income, respectively. As of

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December 31, 2024 and 2023, the balance of related investments was NT$9,141,373 thousand and NT$7,826,078 thousand, respectively, constituting 4% and 4% of the consolidated total assets, respectively.

Other matter – Parent company only financial reports

We have audited and expressed an unmodified opinion with other matter section on the parent company only financial statements of Synnex Technology International Corporation as of and for the years ended December 31, 2024 and 2023.

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 the International Financial Reporting Standards, International Accounting Standards, IFRIC Interpretations, and SIC Interpretations that came into effect as endorsed by the Financial Supervisory Commission, 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 orr 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 judgement and professional skepticism throughout the audit. We also:

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• 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 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.

• 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 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

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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.

Huang, Shih-Chun

[Liang Yi Chang ]

For and on behalf of PricewaterhouseCoopers, Taiwan March 12, 2025

------------------------------------------------------------------------------------------------------------------------------The accompanying consolidated financial statements are not intended to present the financial position and results of operations and cash flows in accordance with accounting principles generally accepted in countries and jurisdictions other than the Republic of China. The standards, procedures and practices in the Republic of China governing the audit of such financial statements may differ from those generally accepted in countries and jurisdictions other than the Republic of China. Accordingly, the accompanying consolidated financial statements and independent auditors’ report are not intended for use by those who are not informed about the accounting principles or auditing standards generally accepted in the Republic of China, and their applications in practice.

As the financial statements are the responsibility of the management, PricewaterhouseCoopers cannot accept any liability for the use of, or reliance on, the English translation or for any errors or misunderstandings that may derive from the translation.

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SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars)

(Continued)

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SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars)

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

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SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

YEARS ENDED DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars, except for earnings per share amounts)

(Continued)

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SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

YEARS ENDED DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars, except for earnings per share amounts)

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

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SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY YEARS ENDED DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars)

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

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SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

YEARS ENDED DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollarsz

(Continued)

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SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

YEARS ENDED DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollarsz

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

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INDEPENDENT AUDITORS’ REPORT TRANSLATED FROM CHINESE

PWCR24000461

To the Board of Directors and Shareholders of Synnex Technology International Corporation

Opinion

We have audited the accompanying parent company only balance sheets of Synnex Technology International Corporation (the “Company”) as of December 31, 2024 and 2023, and the related parent company only statements of comprehensive income, of changes in equity and of cash flows for the years then ended, and notes to the parent company only financial statements, including a summary of material accounting policies.

In our opinion, based on our audits and the reports of other auditors (see information disclosed in the Other Matter section of our report), 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, 2024 and 2023, 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 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 Accountants 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 judgement, were of most significance in our audit of the Company’s 2024 parent company only financial statements. 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, we do not provide a separate opinion on these matters.

Key audit matters in relation to the parent company only financial statements for the year ended December 31, 2024 are stated as follows:

Assessment of allowance for uncollectible accounts

Description

Please refer to Notes 4(9) and (10) for accounting policies adopted for accounts receivable. Please refer to Note 5(2), for critical accounting estimates and key sources of assumption uncertainty of loss allowance for accounts receivable. Please refer to Note 6(5) for details of accounts receivable.

The Company is primarily engaged in the sale of communication products, consumer electronic products, electronic products and semiconductor products. The Company manages the collection of

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accounts receivable from customers and bears the associated credit risk. The Company assesses impairment of accounts receivable in accordance with IFRS 9, ‘Financial instruments’. The management categorized the accounts receivable assessment into individual provision and group provison. For individually assessed accounts receivable, allowance is recognised on a case by case basis. The assessment process is affected by management’s judgment on various factors: customers’ financial conditions, internal credit ratings, historical transaction records, and current economic conditions, etc. For group assessed accounts receivable, assessment process is affected by management’s judgment on historical uncollectibility records, current economic conditions and the forecastability information to assess the default possibility of uncollectible accounts.

As management’s judgement on allowance for uncollectible accounts is relatively subjective and the estimated amount is material to the financial statements, therefore, we indicated that the assessment of allowance for uncollectible accounts as one of the key audit matters.

How our audit addressed the matter

We performed the following audit procedures in relation to the key audit matter:

1. Obtained an understanding of the credit quality of the Company’s customers, assessed the classification of accounts receivable, the policies and the procedures applied in loss allowance provision.

2. For individually assessed accounts, selected and verified samples of managements’ impairment evaluation. Discussed with management the assessment results and evaluated the provision.

3. For accounts assessed as a group, considered historical uncollectibility records and the management’s forecastability adjustment information to determine the provision ratio of allowance for uncollectible accounts. For significant accounts, examined subsequent collections after balance sheet date.

Assessment of allowance for valuation of inventory

Description

Please refer to Note 4(13) for description of accounting policies on allowance for inventory valuation. Please refer to Note 5(2) for accounting estimates and assumption uncertainty. Please refer to Note 6(8) for details of inventory items.

For the purpose of meeting diverse customer needs, the Company applied multi-brand and multiproduct strategy. However, due to rapid changes in technology, the short life cycle of electronic products, and the price highly affected by market fluctuation, there is a high risk of incurring inventory valuation losses. The Company’s inventory policy on inventory valuation is based on the lower of cost or net realisable value. The net relisable value of inventory was identified on an itemby-item basis. The Company then applied the lower of cost or net realisable value method for recognizing loss on decline in market value.

As management’s judgement on net realisable value of inventory is relatively subjective and the valuation amount is material to the financial statements, therefore, we indicated that the assessment of allowance for valuation of inventory as one of the key audit matters.

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How our audit addressed the matter

We performed the following audit procedures in relation to the key audit matter:

1. Obtained an understanding of the policy applied to the assessment of allowance for valuation of inventory loss. Assessed whether the allowance recognition policy is applied.

2. Obtained net realisable value report for inventory items and verified that a systematic logic applied to the calculation. First, tested the assumptions such as: sources of sales or purchases data and relevant supporting estimation documents. Second, recalculated net realisable value item-by-item, then applied the lower of cost or net realisable value method for valuation and examined whether reasonable allowance was recognised.

3. Compared current and previous years’ rate of allowance for valuation of inventory. Reviewed each period’s days sales of inventory in order to assess the recognition of allowance.

Assessment of purchase rebate

Description

Please refer to Note 4(13) for accounting policies adopted for the recognition of purchase rebate. Please refer to Note 5(2) for critical accounting estimates and assumptions applied in the accounting policy for the recognition of purchase rebate.

The Company engages in various purchase contracts for different items with different suppliers. There are various types of rebate programs including incentives for certain purchase volume from vendors, purchase discounts and allowances, participations in special purchase promotions, and subsidies for marketing. The Company estimates rebates that shall be recognized in accordance with the percentage of achievement of the rebate contract terms.

There are various types of rebate programs, complicated calculations and transactions with different suppliers as well as the manual process involved in the verification and calculation of rebates. All of these aforementioned factors add to the complexity of assessing purchasing rebate. Thus, we indicated that the assessment of purchase rebate as one of the key audit matters.

How our audit addressed the matter

We performed the following audit procedures in relation to the key audit matter:

1. Obtained an understanding and tested the internal control over the estimation of purchase rebate. Tested the appropriate controls over contractual terms regarding rebates. Checked whether the recognition of rebate amount has been approved by the proper authority.

2. For the purchase rebates which have been recognized as of the balance sheet date but not yet confirmed by vendors, in addition to performing sampling and testing of evidence regarding confirmed credit notes or other supporting documents, examined whether there exists any incidents of additional significant rebates occuring after balance sheet date that should have been recognized in the books of accounts as of balance sheet date.

3. For the purchase rebates which have been recognized but not yet confirmed by suppliers after balance sheet date, performed details sampling regarding estimation of purchase rebates, obtained supporting documents of the sampled products, and recalculated both estimated amount and recognized amount of purchase debates.

4. Selected samples of significant outstanding rebate receivable accounts and tested subsequent collections after the balance sheet date.

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Other matter – Reference to report of other independent auditors

We did not audit the financial statements of certain investments accounted for using equity method which were included in the parent company’s individual financial statements of the Company and were audited by other auditors whose reports thereon have been furnished to us, and our opinion expressed herein, in so far as it relates to the amounts and the investments accounted for using equity method is based solely on the reports of the other auditors.

As of December 31, 2024 and 2023, the balance of investments accounted for using equity method of certain subsidiaries was NT$9,522,059 thousand and NT$8,224,154 thousand, respectively, constituting 5% and 5% of the parent company only total assets, respectively. For the years ended December 31, 2024 and 2023, the recognised net profit of investments accounted for using equity method was NT$1,378,804 thousand and NT$1,303,847 thousand, respectively, constituting 15% and 18% of the parent company only net profits, respectively; for the years ended December 31, 2024 and 2023, the recognised comprehensive income of investments accounted for using equity method was NT$1,507,105 thousand and NT$953,178 thousand, respectively, constituting 15% and 19% of the parent company only 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 judgement and professional skepticism throughout the audit. We also:

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• 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 appropriate audit evidence regarding the financial information of the 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.

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 parent company only 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.

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Huang, Shih-Chun

[Liang Yi Chang ]

For and on behalf of PricewaterhouseCoopers, Taiwan March 12, 2025

The accompanying parent company only financial statements are not intended to present the financial position and results of operations and cash flows in accordance with accounting principles generally accepted in countries and jurisdictions other than the Republic of China. The standards, procedures and practices in the Republic of China governing the audit of such financial statements may differ from those generally accepted in countries and jurisdictions other than the Republic of China. Accordingly, the accompanying parent company only financial statements and independent auditors’ report are not intended for use by those who are not informed about the accounting principles or auditing standards generally accepted in the Republic of China, and their applications in practice.

As the financial statements are the responsibility of the management, PricewaterhouseCoopers cannot accept any liability for the use of, or reliance on, the English translation or for any errors or misunderstandings that may derive from the translation.

INDEPENDENT AUDITORS’ REPORT TRANSLATED FROM CHINESE

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SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION

PARENT COMPANY ONLY BALANCE SHEETS DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars)

(Continued)

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SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION PARENT COMPANY ONLY BALANCE SHEETS

DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars)

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

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SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION

PARENT COMPANY ONLY STATEMENTS OF COMPREHENSIVE INCOME

YEARS ENDED DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars, except for earnings per share amounts)

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

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SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION PARENT COMPANY ONLY STATEMENTS OF CHANGES IN EQUITY YEARS ENDED DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars)

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

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SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS YEARS ENDED DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars)

(Continued)

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

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SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION PARENT COMPANY ONLY STATEMENTS OF CASH FLOWS YEARS ENDED DECEMBER 31, 2024 AND 2023

(Expressed in thousands of New Taiwan dollars)

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

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Attachment 4

Synnex Technology International Corp. 2024 Annual Surplus Distribution

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Attachment 5

Synnex Technology International Corp. Comparison Table of Amended Clauses of Articles of Incorporation

Reasons for Amended provisions Before amendment amendment Article 38 Article 38 Amended in In order to provide incentive to employees In order to provide incentive to employees accordance with actual and the management team, the Company's and the management team, the Company's requirements net income before tax before deducting net income before tax before deducting of the remuneration to employees and Directors remuneration to employees and Directors and Company. and after making up for losses in the current after making up for losses in the current fiscal fiscal year should be applied to pay year should be applied to pay remuneration to remuneration to employees in an amount not employees in an amount not exceeding 10% exceeding 10% and not less than 0.01% of the and not less than 0.01% of the balance, and to balance (with at least 1% allocated as Directors for an amount not more than 1% of compensation distributions for non- the balance. Employee remuneration may be executive employees) , and to Directors for distributed in stock or cash and director an amount not more than 1% of the balance. remuneration may be distributed in cash Employee remuneration may be distributed subject to a resolution adopted by a majority in stock or cash and director remuneration vote at a meeting of the board of directors may be distributed in cash subject to a attended by two-thirds of the total number of resolution adopted by a majority vote at a directors. meeting of the board of directors attended by two-thirds of the total number of directors.

Employee remuneration may be distributed Employee remuneration may be distributed in stock; remuneration may also be in stock; remuneration may also be distributed for employees of controlled or distributed for employees of controlled or affiliated companies that meet the criteria. affiliated companies that meet the criteria. The chairman of the board is authorized to The chairman of the board is authorized to set such criteria. set such criteria.

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Amended provisions Before amendment Article 41 Article 41 The Articles of Incorporation were drafted The Articles of Incorporation were drafted and agreed upon by all founders on and agreed upon by all founders on September 1, 1988. It officially takes effect September 1, 1988. It officially takes effect after the approval of the competent after the approval of the competent authority; the same applies to any authority; the same applies to any amendments. The 1st amendment was made amendments. The 1st amendment was on September 27, 1990. The 2nd amendment made on September 27, 1990. The 2nd was made on June 18, 1991. The 3rd amendment was made on June 18, 1991. amendment was made on April 6, 1992. The The 3rd amendment was made on April 6, 4th amendment was made on March 18, 1992. The 4th amendment was made on 1993. The 5th amendment was made on March 18, 1993. The 5th amendment was October 22, 1993. The 6th amendment was made on October 22, 1993. The 6th made on May 11, 1994. The 7th amendment amendment was made on May 11, 1994. was made on May 20, 1995. The 8th The 7th amendment was made on May 20, amendment was made on March 28, 1996. 1995. The 8th amendment was made on The 9th amendment was made on April 18, March 28, 1996. The 9th amendment was 1997. The 10th amendment was made on made on April 18, 1997. The 10th April 18, 1997. The 11th amendment was amendment was made on April 18, 1997. made on May 13, 1998. The 12th amendment The 11th amendment was made on May 13, was made on May 7, 1999. The 13th 1998. The 12th amendment was made on amendment was made on May 2, 2000. The May 7, 1999. The 13th amendment was 14th amendment was made on May 11, made on May 2, 2000. The 14th amendment 2001. The 15th amendment was made on was made on May 11, 2001. The 15th May 21, 2002. The 16th amendment was amendment was made on May 21, 2002. made on May 28, 2003. The 17th amendment The 16th amendment was made on May 28, was made on June 10, 2005. The 18th 2003. The 17th amendment was made on amendment was made on June 13, 2007. The June 10, 2005. The 18th amendment was 19th amendment was made on June 11, made on June 13, 2007. The 19th 2008. The 20th amendment was made on amendment was made on June 11, 2008. June 17, 2010. The 21st amendment was The 20th amendment was made on June 17, made on June 10, 2011. The 22nd 2010. The 21st amendment was made on amendment was made on June 13, 2012. The June 10, 2011. The 22nd amendment was 23rd amendment was made on June 11, made on June 13, 2012. The 23rd 2014. The 24th amendment was made on amendment was made on June 11, 2014. June 12, 2015. The 25th amendment was The 24th amendment was made on June 12, made on June 8, 2016. The 26th amendment 2015. The 25th amendment was made on was made on June 7, 2017. The 27th June 8, 2016. The 26th amendment was amendment was made on June 12, 2018. The made on June 7, 2017. The 27th amendment 28th amendment was made on June 6, 2019. was made on June 12, 2018. The 28th The 29th amendment was made on June 12, amendment was made on June 6, 2019. The 2020. The 30th amendment was made on 29th amendment was made on June 12, May 30, 2022. The 31th amendment was 2020. The 30th amendment was made on made on May 31, 2024. The 32th May 30, 2022. The 31th amendment was amendment was made on May 29, 2025. made on May 31, 2024

Reasons for amendment Added number of amendments and amendment dates.

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