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SYNNEX TECHNOLOGY INTERNATIONAL
CORPORATION AND SUBSIDIARIES
CONSOLIDATED FINANCIAL STATEMENTS AND
INDEPENDENT AUDITORS' REVIEW REPORT
MARCH 31, 2026 AND 2025

For the convenience of readers and for information purpose only, the auditors’ report and the accompanying financial statements have been translated into English from the original Chinese version prepared and used in the Republic of China. In the event of any discrepancy between the English version and the original Chinese version or any differences in the interpretation of the two versions, the Chinese-language auditors’ report and financial statements shall prevail.

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

MARCH 31, 2026 AND 2025 CONSOLIDATED FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS' REVIEW REPORT TABLE OF CONTENTS

Contents	Page
1. Cover Page	1
2. Table of Contents	2 ~ 3
3. Independent Auditors' Review Report	4 ~ 6
4. Consolidated Balance Sheets	7 ~ 8
5. Consolidated Statements of Comprehensive Income	9 ~ 10
6. Consolidated Statements of Changes in Equity	11
7. Consolidated Statements of Cash Flows	12 ~ 13
8. Notes to the Consolidated Financial Statements	14 ~ 70
(1) HISTORY AND ORGANISATION	14
(2) THE DATE OF AUTHORISATION FOR ISSUANCE OF THE CONSOLIDATED FINANCIAL STATEMENTS AND PROCEDURES FOR AUTHORISATION	14
(3) APPLICATION OF NEW STANDARDS, AMENDMENTS AND INTERPRETATIONS	14 ~ 15
(4) SUMMARY OF MATERIAL ACCOUNTING POLICIES	15 ~ 20

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Contents

(5) CRITICAL ACCOUNTING JUDGEMENTS, ESTIMATES AND KEY SOURCES OF ASSUMPTION UNCERTAINTY 20
(6) DETAILS OF SIGNIFICANT ACCOUNTS 21~50
(7) RELATED PARTY TRANSACTIONS 50~52
(8) PLEDGED ASSETS 53
(9) SIGNIFICANT CONTINGENT LIABILITIES AND UNRECOGNISED CONTRACT COMMITMENTS 53~54
(10) SIGNIFICANT DISASTER LOSS 54
(11) SIGNIFICANT EVENTS AFTER THE BALANCE SHEET DATE 54
(12) OTHERS 54~68
(13) SUPPLEMENTARY DISCLOSURES 69
(14) SEGMENT INFORMATION 69~70

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INDEPENDENT AUDITORS' REVIEW REPORT TRANSLATED FROM CHINESE

PWCR26000045

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

Introduction

We have reviewed the accompanying consolidated balance sheets of Synnex Technology International Corporation and subsidiaries (the "Group") as at March 31, 2026 and 2025, and the related consolidated statements of comprehensive income, of changes in equity and of cash flows for the three months then ended, and notes to the consolidated financial statements, including a summary of material accounting policies. Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and International Accounting Standard 34, "Interim Financial Reporting" that came into effect as endorsed by the Financial Supervisory Commission. Our responsibility is to express a conclusion on these consolidated financial statements based on our reviews.

Scope of review

Except as explained in the following paragraph, we conducted our reviews in accordance with the Standard on Review Engagements 2410, "Review of Financial Information Performed by the Independent Auditor of the Entity" of the Republic of China. A review of consolidated financial statements consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

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Basis for qualified conclusion

As explained in Notes 4(3) and 6(10), the financial statements of certain insignificant consolidated subsidiaries and investments accounted for under the equity method, as well as the amounts included in respect of these subsidiaries and investees and the information, were not reviewed by independent auditors. Total assets of these subsidiaries and the balances of these investments accounted for under the equity method amounted to NT$35,503,688 thousand and NT$32,281,152 thousand, constituting 14% and 16% of the consolidated total assets as at March 31, 2026 and 2025, respectively. Total liabilities amounted to NT$10,536,151 thousand and NT$8,013,171 thousand, constituting 6% and 6% of the consolidated total liabilities as at March 31, 2026 and 2025, respectively. Net income amounted to NT$743,924 thousand and NT$754,486 thousand, constituting 24% and 39% of the net income and the balances of recognised investment profit or loss which is adopting equity method for the three months then ended, respectively, and the comprehensive income and the balances of recognised investment profit or loss and other comprehensive income which is adopting equity method amounted to NT$725,330 thousand and NT$755,421 thousand, constituting 13% and 21% of the consolidated comprehensive income for the three months then ended, respectively.

Qualified conclusion

Except for the adjustments to the financial statements, if any, as might have been determined to be necessary had the financial statements of certain consolidated subsidiaries and investments accounted for under the equity method as well as the information been reviewed by independent auditors as described in the Basis for qualified conclusion section above, based on our reviews, nothing has come to our attention that causes us to believe that the accompanying financial statements do not present fairly, in all material respects, the consolidated financial position of the Group as at March 31, 2026 and 2025, and its consolidated financial performance and its consolidated cash flows for the three months then ended in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and International Accounting Standard 34, "Interim Financial Reporting" that came into effect as endorsed by the

Financial Supervisory Commission.

Yeh, Tsui-Miao

Liang, Yi Chang

For and on behalf of PricewaterhouseCoopers, Taiwan

May 5, 2026

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
MARCH 31, 2026, DECEMBER 31, 2025 AND MARCH 31, 2025
(Expressed in thousands of New Taiwan dollars)

	Assets	Notes	March 31, 2026		December 31, 2025		March 31, 2025
			AMOUNT	%	AMOUNT	%	AMOUNT	%
Current assets
1100	Cash and cash equivalents	6(1)	$ 15,304,988	6	$ 24,422,175	11	$ 17,753,228	9
1110	Current financial assets at fair value through profit or loss	6(2)	10,452,836	4	8,511,301	4	9,591,654	5
1120	Current financial assets at fair value through other comprehensive income	6(3)	9,481,373	4	12,626,472	6	18,570,787	9
1136	Current financial assets at amortised cost	6(4)	2,559,600	1	628,600	-	15,000	-
1150	Notes receivable, net	6(5)	5,469,057	2	5,959,451	3	6,436,132	3
1170	Accounts receivable, net	6(5) and 8	78,876,874	32	69,912,707	32	63,728,826	31
1180	Accounts receivable - related parties, net	6(5) and 7(2)	1,092,766	-	834,346	1	549,002	-
1200	Other receivables	6(7) and 7(2)	4,681,168	2	3,626,779	2	7,392,892	4
1220	Current income tax assets		434,880	-	366,766	-	398,594	-
130X	Inventories	6(8) and 8	56,019,291	23	43,762,538	20	39,068,115	19
1410	Prepayments	6(9)	24,043,784	10	6,861,669	3	3,168,847	1
11XX	Total current assets		208,416,617	84	177,512,804	82	166,673,077	81
Non-current assets
1510	Non-current financial assets at fair value through profit or loss	6(2)	28,251	-	27,409	-	28,116	-
1517	Non-current financial assets at fair value through other comprehensive income	6(3)	8,486,574	3	7,810,268	4	7,323,937	4
1535	Non-current financial assets at amortised cost	6(4) and 8	785,605	-	785,533	-	787,129	-
1550	Investments accounted for under equity method	6(10)	11,487,242	5	11,462,701	5	11,231,035	5
1600	Property, plant and equipment	6(11) and 8	14,555,740	6	14,355,628	7	14,710,748	7
1755	Right-of-use assets	6(12)	948,880	-	963,189	-	884,012	-
1760	Investment property, net	6(14)	931,761	-	912,231	-	953,235	1
1780	Intangible assets	6(15)	626,095	-	628,509	-	649,297	-
1840	Deferred income tax assets	6(34)	1,252,553	1	1,221,455	1	1,295,883	1
1900	Other non-current assets	6(16)	1,744,583	1	1,743,468	1	2,039,356	1
15XX	Total non-current assets		40,847,284	16	39,910,391	18	39,902,748	19
1XXX	Total assets		$ 249,263,901	100	$ 217,423,195	100	$ 206,575,825	100

(Continued)

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
MARCH 31, 2026, DECEMBER 31, 2025 AND MARCH 31, 2025
(Expressed in thousands of New Taiwan dollars)

	Liabilities and Equity	Notes	March 31, 2026		December 31, 2025		March 31, 2025
			AMOUNT	%	AMOUNT	%	AMOUNT	%
Current liabilities
2100	Short-term borrowings	6(17)	$ 56,810,338	23	$ 57,720,366	27	$ 54,978,779	27
2110	Short-term notes and bills payable	6(18)	25,740,000	10	8,800,000	4	1,500,000	1
2120	Current financial liabilities at fair value through profit or loss	6(2)	-	-	1,628	-	-	-
2150	Notes payable		443,740	-	520,459	-	284,984	-
2170	Accounts payable	7(2)	51,010,023	20	39,103,028	18	36,806,486	18
2200	Other payables	6(19) and 7(2)	14,382,447	6	6,944,803	3	12,924,044	6
2230	Current income tax liabilities		1,835,209	1	1,313,972	1	727,017	-
2280	Current lease liabilities		129,570	-	126,538	-	52,586	-
2399	Other current liabilities, others	6(20)	7,378,616	3	3,104,208	1	3,160,412	2
21XX	Total current liabilities		157,729,943	63	117,635,002	54	110,434,308	54
Non-current liabilities
2540	Long-term borrowings	6(21)	2,500,000	1	9,200,000	5	11,800,000	6
2570	Deferred income tax liabilities	6(34)	6,672,160	3	6,786,326	3	6,887,680	3
2580	Non-current lease liabilities		212,396	-	241,474	-	205,155	-
2600	Other non-current liabilities		375,536	-	327,348	-	333,975	-
25XX	Total non-current liabilities		9,760,092	4	16,555,148	8	19,226,810	9
2XXX	Total liabilities		167,490,035	67	134,190,150	62	129,661,118	63
Equity attributable to owners of parent
	Share capital	6(23)
3110	Share capital - ordinary share		16,679,470	7	16,679,470	8	16,679,470	8
3200	Capital surplus	6(24)	13,484,154	5	13,482,574	6	13,482,177	7
	Retained earnings	6(25)
3310	Legal reserve		14,562,414	6	14,562,414	7	13,637,791	7
3320	Special reserve		6,810,603	3	6,810,603	3	7,886,325	4
3350	Unappropriated retained earnings		31,840,744	13	35,381,956	16	27,365,214	13
	Other equity interest	6(26)
3400	Other equity interest		( 4,780,507)	( 2)	( 6,724,727)	( 3)	( 5,193,255)	( 3)
31XX	Total equity attributable to owners of parent		78,596,878	32	80,192,290	37	73,857,722	36
36XX	Non-controlling interest		3,176,988	1	3,040,755	1	3,056,985	1
3XXX	Total equity		81,773,866	33	83,233,045	38	76,914,707	37
	Significant contingent liabilities and unrecognized contract commitments	9
	Significant events after the balance sheet date	11
3X2X	Total liabilities and equity		$ 249,263,901	100	$ 217,423,195	100	$ 206,575,825	100

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

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
THREE MONTHS ENDED MARCH 31, 2026 AND 2025
(Expressed in thousands of New Taiwan dollars, except for earnings per share amounts)

Three months ended March 31

Items	Notes	2026		2025
		AMOUNT	%	AMOUNT	%
4000	Operating revenue	6(27) and 7(2)	$ 126,357,648	100	$ 91,397,776
5000	Operating costs	6(8)(32) and 7(2)	( 120,928,811)	( 96)	( 87,407,318)
5950	Net operating margin		5,428,837	4	3,990,458
	Operating expenses	6(32)
6100	Selling expenses		( 1,623,859)	( 1)	( 1,656,881)
6200	General and administrative expenses		( 246,379)	-	( 251,862)
6450	Impairment loss (impairment gain and reversal of impairment loss) determined in accordance with IFRS	12(2)
	9		( 185,343)	-	( 197,743)
6000	Total operating expenses		( 2,055,581)	( 1)	( 2,106,486)
6900	Operating profit		3,373,256	3	1,883,972
	Non-operating income and expenses
7100	Interest income	6(28)	208,436	-	260,835
7010	Other income	6(29) and 7(2)	203,453	-	247,412
7020	Other gains and losses	6(30)	133,038	-	28,183
7050	Finance costs	6(31)	( 480,193)	-	( 503,475)
7060	Share of profit of associates and joint ventures accounted for using equity method	6(10)
			437,923	-	505,433
7000	Total non-operating income and expenses		502,657	-	538,388
7900	Profit before income tax		3,875,913	3	2,422,360
7950	Income tax expense	6(34)	( 784,782)	( 1)	( 468,324)
8200	Profit for the period		$ 3,091,131	2	$ 1,954,036

(Continued)

Three months ended March 31

	Items	Notes	2026		2025
			AMOUNT	%	AMOUNT	%
	Other comprehensive income
	Components of other comprehensive income that will not be reclassified to profit or loss
8316	Unrealised gains (losses) from investments in equity instruments measured at fair value through other comprehensive income	6(26)
			($ 428,475)	-	($ 440,741)	-
8320	Share of other comprehensive income of associates and joint ventures accounted for using equity method, components of other comprehensive income that will not be reclassified to profit or loss	6(10)(26)
			( 18,594)	-	935	-
8349	Income tax related to components of other comprehensive income that will not be reclassified to profit or loss	6(34)
			( 127,572)	-	-	-
8310	Components of other comprehensive loss that will not be reclassified to profit or loss		( 574,641)	-	( 439,806)	-
	Components of other comprehensive income that will be reclassified to profit or loss
8361	Financial statements translation differences of foreign operations		3,028,639	2	2,049,898	2
8360	Components of other comprehensive income that will be reclassified to profit or loss		3,028,639	2	2,049,898	2
8300	Total other comprehensive income		$ 2,453,998	2	$ 1,610,092	2
8500	Total comprehensive income for the period		$ 5,545,129	4	$ 3,564,128	4
	Profit, attributable to:
8610	Owners of parent		$ 2,954,386	2	$ 1,826,854	2
8620	Non-controlling interest		136,745	-	127,182	-
	Profit for the period		$ 3,091,131	2	$ 1,954,036	2
	Comprehensive income attributable to:
8710	Owners of parent		$ 5,408,896	4	$ 3,444,202	4
8720	Non-controlling interest		136,233	-	119,926	-
	Comprehensive income for the period		$ 5,545,129	4	$ 3,564,128	4
	Earnings per share
9750	Basic earnings per share	6(35)	$ 1.77	$ 1.10
9850	Diluted earnings per share	6(35)	$ 1.77	$ 1.10

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

THREE MONTHS ENDED MARCH 31, 2026 AND 2025

(Expressed in thousands of New Taiwan dollars)

	Equity attributable to owners of the parent
		Retained earnings				Other equity interest			Non-controlling interest
		Share capital - common stock	Capital surplus	Legal reserve	Special reserve	Unappropriated retained earnings	Financial statements translation differences of foreign operations	Unrealised gains (losses) from financial assets measured at fair value through other comprehensive income	Total	Non-controlling interest	Total equity
Three months ended March 31, 2025
Balance at January 1, 2025		$ 16,679,470	$ 13,484,016	$ 13,637,791	$ 7,886,325	$ 32,210,148	($ 1,087,102 )	($ 5,723,501 )	$ 77,087,147	$ 2,937,059	$ 80,024,206
Profit		-	-	-	-	1,826,854	-	-	1,826,854	127,182	1,954,036
Other comprehensive income (loss)	6(26)	-	-	-	-	-	2,057,154	( 439,806 )	1,617,348	( 7,256 )	1,610,092
Total comprehensive income (loss)		-	-	-	-	1,826,854	2,057,154	( 439,806 )	3,444,202	119,926	3,564,128
Appropriations of 2024 earnings	6(25)
Cash dividends		-	-	-	-	( 6,671,788 )	-	-	( 6,671,788 )	-	( 6,671,788 )
Changes in equity of associates and joint ventures accounted for using equity method	6(24)	-	( 2,196 )	-	-	-	-	-	( 2,196 )	-	( 2,196 )
Capital surplus transferred from unclaimed dividends	6(24)	-	357	-	-	-	-	-	357	-	357
Balance at March 31, 2025		$ 16,679,470	$ 13,482,177	$ 13,637,791	$ 7,886,325	$ 27,365,214	$ 970,052	($ 6,163,307 )	$ 73,857,722	$ 3,056,985	$ 76,914,707
Three months ended March 31, 2026
Balance at January 1, 2026		$ 16,679,470	$ 13,482,574	$ 14,562,414	$ 6,810,603	$ 35,381,956	($ 3,309,228 )	($ 3,415,499 )	$ 80,192,290	$ 3,040,755	$ 83,233,045
Profit		-	-	-	-	2,954,386	-	-	2,954,386	136,745	3,091,131
Other comprehensive (loss) income	6(26)	-	-	-	-	( 127,572 )	3,029,151	( 447,069 )	2,454,510	( 512 )	2,453,998
Total comprehensive income (loss)		-	-	-	-	2,826,814	3,029,151	( 447,069 )	5,408,896	136,233	5,545,129
Appropriations of 2025 earnings	6(25)
Cash dividends		-	-	-	-	( 7,005,377 )	-	-	( 7,005,377 )	-	( 7,005,377 )
Changes in equity of associates and joint ventures accounted for using equity method	6(24)		1,580	-	-	( 511 )	-	-	1,069	-	1,069
Disposal of equity instruments at fair value through other comprehensive income by the subsidiary	6(26)	-	-	-	-	637,862	-	( 637,862 )	-	-	-
Balance at March 31, 2026		$ 16,679,470	$ 13,484,154	$ 14,562,414	$ 6,810,603	$ 31,840,744	($ 280,077 )	($ 4,500,430 )	$ 78,596,878	$ 3,176,988	$ 81,773,866

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

THREE MONTHS ENDED MARCH 31, 2026 AND 2025

(Expressed in thousands of New Taiwan dollars)

	Three months ended March 31
	Notes	2026	2025
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before tax		$ 3,875,913	$ 2,422,360
Adjustments
Adjustments to reconcile profit (loss)
Depreciation charges on property, plant and equipment	6(32)	103,633	94,830
Depreciation charges on right-of-use assets	6(32)	37,845	46,076
Depreciation charges on investment property	6(32)	8,359	8,280
Amortization charges on intangible assets	6(32)	7,760	9,848
Impairment loss (impairment gain and reversal of impairment loss) determined in accordance with IFRS 9)	12(2)	185,343	197,743
Net gain on financial assets at fair value through profit or loss	6(30)	( 163,282 )	( 17,002 )
Interest expense	6(31)	480,193	503,475
Interest income	6(28)	( 208,436 )	( 260,835 )
Dividend income	6(29)	( 59,586 )	( 89,165 )
Share of profit of associates accounted for under equity method	6(10)	( 437,923 )	( 505,433 )
Gain on disposal of property, plant and equipment and investment property	6(30)	-	( 3,039 )
Gain on lease modification	6(30)	-	( 59 )
Changes in operating assets and liabilities
Changes in operating assets
Notes and accounts receivable		( 8,757,978 )	6,949,334
Other receivables		( 1,054,389 )	( 1,993,392 )
Inventories		( 12,256,753 )	8,615,644
Prepayments		( 17,182,115 )	( 23,644 )
Long-term notes and overdue receivables		( 216,444 )	( 268,842 )
Long-term lease receivables		7,022	4,585
Changes in operating liabilities
Notes and accounts payable		11,830,276	( 2,310,900 )
Other payables		432,267	( 970,040 )
Other current liabilities		4,274,408	296,939
Other non-current liabilities		( 1,824 )	3,678
Cash (outflow) inflow generated from operations		( 19,095,711 )	12,710,441
Interest paid		( 480,193 )	( 503,475 )
Interest received		208,436	260,835
Dividends received		59,586	89,165
Income tax paid		( 605,615 )	( 363,655 )
Net cash flows (used in) from operating activities		( 19,913,497 )	12,193,311

(Continued)

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

THREE MONTHS ENDED MARCH 31, 2026 AND 2025

(Expressed in thousands of New Taiwan dollars)

	Notes	Three months ended March 31
		2026	2025
CASH FLOWS FROM INVESTING ACTIVITIES
Increase in financial assets at fair value through profit or loss		($ 1,525,985 )	($ 5,941,683 )
Proceeds from gain on non-current financial assets at fair value through other comprehensive income		( 1,001,621 )	( 446 )
Proceeds from disposal of non-current financial assets at fair value through other comprehensive income		3,512,635	-
Acquisition of property, plant and equipment	6(37)	( 11,544 )	( 370,282 )
Proceeds from disposal of property, plant and equipment		904	44,269
Acquisition of investment property	6(14)	-	( 2,797 )
Acquisition of intangible assets	6(15)	( 681 )	( 642 )
Increase in time deposits maturing within three months to a year		( 1,919,700 )	( 15,000 )
Decrease in time deposits maturing within three months to a year		-	3,491,775
Increase in restricted time deposits		( 72 )	( 89 )
Decrease in restricted time deposits		-	15,000
Increase in refundable deposits		( 529 )	( 242 )
Decrease in refundable deposits		1,446	15,214
Increase in other non-current assets		2,362	( 17,021 )
Net cash flows used in investing activities		( 942,785 )	( 2,781,944 )
CASH FLOWS FROM FINANCING ACTIVITIES
Decrease in short-term borrowings	6(36)	( 910,028 )	( 3,776,576 )
Increase (decrease) in short-term notes and bills payable	6(36)	16,940,000	( 6,100,000 )
Increase in long-term borrowings	6(36)	11,590,000	7,050,000
Decrease in long-term borrowings	6(36)	( 18,290,000 )	( 16,200,000 )
Increase in guarantee deposits received	6(36)	106,678	38,725
Decrease in guarantee deposits received	6(36)	( 57,129 )	( 45,823 )
Payments of lease liabilities	6(36)	( 16,279 )	( 25,613 )
Net cash flows from (used in) financing activities		9,363,242	( 19,059,287 )
Effects of changes in foreign exchange rates		2,375,853	1,583,508
Net decrease in cash and cash equivalents		( 9,117,187 )	( 8,064,412 )
Cash and cash equivalents at beginning of period		24,422,175	25,817,640
Cash and cash equivalents at end of period		$ 15,304,988	$ 17,753,228

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

~14~

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

MARCH 31, 2026 AND 2025

(Expressed in thousands of New Taiwan dollars, except as otherwise indicated)

1. HISTORY AND ORGANISATION

Synnex Technology International Corporation (the “Company”) was incorporated in 1988 under the provisions of the Company Act of the Republic of China (R.O.C.). The Company and its subsidiaries (collectively referred herein as the “Group”) are primarily engaged in:

A. Assembly and sale of computers and computer peripherals;
B. Sale of communication products;
C. Sale of consumer electronic products;
D. Sale of semiconductor products;
E. Warehouse and logistics services; and
F. Maintenance and technical services for the products mentioned above.

The Company’s shares have been traded on the Taiwan Stock Exchange since December 1995.

2. THE DATE OF AUTHORISATION FOR ISSUANCE OF THE CONSOLIDATED FINANCIAL STATEMENTS AND PROCEDURES FOR AUTHORISATION

These consolidated financial statements were reported to the Board of Directors on May 5, 2026.

3. APPLICATION OF NEW STANDARDS, AMENDMENTS AND INTERPRETATIONS

(1) Effect of the adoption of new issuances of or amendments to International Financial Reporting Standards (“IFRS®”) Accounting Standards that came into effect as endorsed by the Financial Supervisory Commission (“FSC”)

New standards, interpretations and amendments endorsed by the FSC and became effective from 2026 are as follows:

New Standards, Interpretations and Amendments	Effective date by International Accounting Standards Board
Amendments to IFRS 9 and IFRS 7, ‘Amendments to the classification and measurement of financial instruments’	January 1, 2026
Amendments to IFRS 9 and IFRS 7, ‘Contracts referencing nature-dependent electricity’	January 1, 2026
IFRS 17, ‘Insurance contracts’	January 1, 2023
Amendments to IFRS 17, ‘Insurance contracts’	January 1, 2023
Amendment to IFRS 17, ‘Initial application of IFRS 17 and IFRS 9 – comparative information’	January 1, 2023
Annual Improvements to IFRS Accounting Standards—Volume 11	January 1, 2026

The above standards and interpretations have no significant impact to the Group's consolidated financial condition and consolidated financial performance based on the Group's assessment.

(2) Effect of new issuances of or amendments to IFRS Accounting Standards as endorsed by the FSC but not yet adopted by the Group

None.

(3) IFRS Accounting Standards issued by IASB but not yet endorsed by the FSC

New standards, interpretations and amendments issued by IASB but not yet included in the IFRS Accounting Standards as endorsed by the FSC are as follows:

New Standards, Interpretations and Amendments	Effective date by International Accounting Standards Board
Amendments to IFRS 10 and IAS 28, ‘Sale or contribution of assets between an investor and its associate or joint venture’	To be determined by International Accounting Standards Board
IFRS 18, ‘Presentation and disclosure in financial statements’	January 1, 2027(Note)
IFRS 19, ‘Subsidiaries without public accountability: disclosures’	January 1, 2027
Amendments to IFRS 21, ‘The effects of changes in foreign exchange rates’	January 1, 2027

Note : The FSC has announced in a press release on September 25, 2025 that public companies will apply IFRS 18 starting from the fiscal year 2028. Additionally, entities can choose to adopt IFRS 18 earlier based on their requirements after the FSC endorses IFRS 18.

Except for the following, the above standards and interpretations have no significant impact to the Group's financial condition and financial performance based on the Group's assessment. The quantitative impact will be disclosed when the assessment is complete.

IFRS 18, 'Presentation and disclosure in financial statements'

IFRS 18, 'Presentation and disclosure in financial statements' replaces IAS 1. The standard introduces a defined structure of the statement of profit or loss, disclosure requirements related to management-defined performance measures, and enhanced principles on aggregation and disaggregation which apply to the primary financial statements and notes.

4. SUMMARY OF MATERIAL ACCOUNTING POLICIES

The principal accounting policies applied in the preparation of these consolidated financial statements are set out below. These policies have been consistently applied to all the periods presented, unless otherwise stated.

(1) Compliance statement

The consolidated financial statements of the Group have been prepared in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers and the International Accounting Standard 34, 'Interim financial reporting' that came into effect as endorsed by the FSC.

(2) Basis of preparation

A. Except for the following items, these consolidated financial statements have been prepared under the historical cost convention:

(a) Financial assets and financial liabilities (including derivative instruments) at fair value through profit or loss.

(b) Financial assets and liabilities at fair value through other comprehensive income.

(c) Defined benefit liabilities recognized based on the net amount of pension fund assets less present value of defined benefit obligation.

B. The preparation of financial statements in conformity with IFRSs requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the Group’s accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the consolidated financial statements are disclosed in Note 5.

(3) Basis of consolidation

A. Basis for preparation of consolidated financial statements:

(a) All subsidiaries are included in the Group’s consolidated financial statements. Subsidiaries are all entities (including structured entities) controlled by the Group. The Group controls an entity when the Group is exposed, or has rights, to variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. Consolidation of subsidiaries begins from the date the Group obtains control of the subsidiaries and ceases when the Group loses control of the subsidiaries.

(b) Inter-company transactions, balances and unrealized gains or losses on transactions between companies within the Group are eliminated. Accounting policies of subsidiaries have been adjusted where necessary to ensure consistency with the policies adopted by the Group.

(c) Profit or loss and each component of other comprehensive income are attributed to the owners of the parent and to the non-controlling interests. Total comprehensive income is attributed to the owners of the parent and to the non-controlling interests even if this results in the non-controlling interests having a deficit balance.

(d) Changes in a parent’s ownership interest in a subsidiary that do not result in the parent losing control of the subsidiary (transactions with non-controlling interests) are accounted for as equity transactions, i.e. transactions with owners in their capacity as owners. Any difference between the amount by which the non-controlling interests are adjusted and the fair value of the consideration paid or received is recognized directly in equity.

(e) When the Group loses control of a subsidiary, the Group remeasures any investment retained in the former subsidiary at its fair value. That fair value is regarded as the fair value on initial recognition of a financial asset or the cost on initial recognition of the associate or joint venture. Any difference between fair value and carrying amount is recognized in profit or loss. All amounts previously recognized in other comprehensive income in relation to the subsidiary are reclassified to profit or loss on the same basis as would be required if the related assets or liabilities were disposed of. That is, when the Group loses control of a subsidiary, all gains or

~16~

losses previously recognized in other comprehensive income in relation to the subsidiary should be reclassified from equity to profit or loss, if such gains or losses would be reclassified to profit or loss when the related assets or liabilities are disposed of.

B. Subsidiaries included in the consolidated financial statements:

Name of investor	Name of subsidiary	Main business Activities	March 31, 2026	December 31, 2025	March 31, 2025	Description
Synnex Technology International Corporation	Synnex Global Ltd.	Investment holding	100	100	100	Note 1
Synnex Technology International Corporation	Seper Technology Corporation	Sales of 3C products	100	100	100	-
Synnex Technology International Corporation	E-Fan Investments CO., LTD.	Investment holding	100	100	100	-
Synnex Technology International Corporation	Synergy Intelligent Logistics Corporation	Warehouse and logistics services	100	100	100	-
Synnex Technology International Corporation	Synergy Technology Services Corporation	Maintenance and technical services	100	100	100	-
Synnex Technology International Corporation	Bestcom Infotech Corp.	Sales of 3C products	100	100	100	-
Synnex Technology International Corporation	Syntech Asia Ltd.	Sales of semiconductor products	100	100	100	-
Synnex Technology International Corporation	PT. Synnex Metrodata Indonesia and subsidiaries	Sales of 3C products	50	50	50	-
Synnex Technology International Corporation	Synnex Technology International (HK) Ltd. and subsidiaries	Sales of 3C products	100	100	100	-
Synergy Intelligent Logistics Corporation	Synergy Intelligent Logistics (HK) Corporation	Warehouse and logistics services	100	100	100	-
E-Fan Investments CO., LTD.	Leveltech Ltd.	Sales of semiconductor products	100	100	100	-

Ownership(%)

Name of investor	Name of subsidiary	Main business Activities	March 31, 2026	December 31, 2025	March 31, 2025	Description
Bestcom Infotech Corp.	Bizwave Tech Co., Ltd.	Sales of 3C products	100	100	100	-
Synnex Global Ltd.	King's Eye Investments Ltd.	Investment holding	100	100	100	-
Synnex Global Ltd.	Peer Developments Ltd.	Investment holding	100	100	100	-
Synnex Global Ltd.	Synnex Mauritius Ltd.	Investment holding	-	-	100	Note 2
Synnex Global Ltd.	Synnex China Holdings Ltd.	Investment holding	100	100	100	-
Synnex Global Ltd.	Trade Vanguard Global Ltd.	Investment holding	100	100	100	-
King's Eye Investments Ltd.	Synnex Australia Pty. Ltd.	Sales of 3C products	100	100	100	-
King's Eye Investments Ltd.	Synnex New Zealand Ltd.	Sales of 3C products	100	100	100	-
King's Eye Investments Ltd.	Fortune Ideal Ltd.	Real estate investments	100	100	100	Note 3
King's Eye Investments Ltd.	Golden Thinking Ltd.	Real estate investments	100	100	100	Note 3
Peer Developments Ltd.	Lanxiang Technology (Shenzhen) Ltd.	Sales of semiconductor products	100	100	100	-
Synnex China Holdings Ltd.	Synnex Investments (China) Ltd.	Investment holding	100	100	100	-
Synnex Investments (China) Ltd.	Synnex Distributions (China) Ltd.	Sales of 3C products	100	100	100	-
Synnex Investments (China) Ltd.	Synnex (Beijing) Ltd.	Warehouse and logistics services	100	100	100	-
Synnex Investments (China) Ltd.	Synnex (Shanghai) Ltd.	Sales of semiconductor products and warehouse and logistics services	100	100	100	-
Synnex Investments (China) Ltd.	Synnex (Tianjin) Ltd.	Warehouse and logistics services	100	100	100	-

~18~

Ownership(%)

Name of investor	Name of subsidiary	Main business Activities	March 31, 2026	December 31, 2025	March 31, 2025	Description
Synnex Investments (China) Ltd.	Synnex (Chengdu) Ltd.	Warehouse and logistics services	100	100	100	-
Synnex Investments (China) Ltd.	Synnex (Nanjing) Ltd.	Warehouse and logistics services	100	100	100	-
Synnex Investments (China) Ltd.	Synnex (Shenyang) Ltd.	Warehouse and logistics services	100	100	100	-
Synnex Investments (China) Ltd.	Synnex (Hangzhou) Ltd.	Warehouse and logistics services	100	100	100	-
Synnex Investments (China) Ltd.	Synnex (Qingdao) Ltd.	Warehouse and logistics services	100	100	100	-
Synnex Investments (China) Ltd.	Synnex (Guangzhou) Ltd.	Warehouse and logistics services	100	100	100	-
Synnex Investments (China) Ltd.	Synnex (Xi'an) Ltd.	Warehouse and logistics services	100	100	100	-
Synnex Investments (China) Ltd.	Synnex (Suzhou) Ltd.	Warehouse and logistics services	100	100	100	-
Synnex Investments (China) Ltd.	Synnex (Wuhan) Ltd.	Warehouse and logistics services	100	100	100	-
Synnex Investments (China) Ltd.	Synnex (Jinan) Ltd.	Warehouse and logistics services	100	100	100	-
Synnex Investments (China) Ltd.	Synnex (Changsha) Ltd.	Warehouse and logistics services	100	100	100	-
Synnex Investments (China) Ltd.	Synnex (Zhengzhou) Ltd.	Warehouse and logistics services	100	100	100	-
Synnex Investments (China) Ltd.	Synnex (Hefei) Ltd.	Warehouse and logistics services	100	100	100	-
Synnex Investments (China) Ltd.	Synnex (Nanchang) Ltd.	Warehouse and logistics services	100	100	100
Synnex Investments (China) Ltd.	Synnex (Harbing) Ltd.	Warehouse and logistics services	100	100	100	-
Synnex Investments (China) Ltd.	Synnex (Xiamen) Ltd.	Warehouse and logistics services	100	100	100	-
Synnex Investments (China) Ltd.	Synnex Technology Development Ltd.	Sales of 3C products	100	100	100	-
Synnex Investments (China) Ltd.	Jifu Intelligent Logistics Corporation	Warehouse and logistics services	100	100	100	-

The table below listed the abovementioned subsidiaries included in the consolidated financial statements as of March 31, 2026 and 2025 that had been reviewed by the Company's auditors. Other subsidiaries were not reviewed. The subsidiaries included in the consolidated financial statements as of December 31, 2025 had been audited by the Company's auditors and other auditors.

	March 31, 2026	March 31, 2025
Significant consolidated subsidiaries	Synnex Global Ltd.	Synnex Global Ltd.
	Syntech Asia Ltd.	Syntech Asia Ltd.
	Synnex China Holdings Ltd.	Synnex China Holdings Ltd.
	Synnex Investments (China) Ltd.	Synnex Investments (China) Ltd.
	Synnex Distributions (China) Ltd.	Synnex Distributions (China) Ltd.
	Synnex Australia Pty. Ltd.	Synnex Australia Pty. Ltd.
Insignificant consolidated subsidiaries	Seper Technology Corporation	Seper Technology Corporation
	E-Fan Investments CO., LTD.	E-Fan Investments CO., LTD.
	Synergy Intelligent Logistics Corporation	Synergy Intelligent Logistics Corporation
	Bestcom Infotech Corp.	Bestcom Infotech Corp.
	Synnex Technology International (HK) Ltd. and subsidiaries	Synnex Technology International (HK) Ltd. and subsidiaries
	Synnex (Shanghai) Ltd.	Synnex (Shanghai) Ltd.
	Synnex Technology Development Ltd.	Synnex Technology Development Ltd.
	Peer Developments Ltd.	Peer Developments Ltd.
	King's Eye Investments Ltd.	King's Eye Investments Ltd.

Note 1: The subsidiary of the Group, Synnex Global Ltd., as resolved by its board of directors on February 21, 2025, carried out a capital reduction of USD 400,000,000. The effective date of the capital reduction is March 3, 2025. After the reduction, the paid-in capital will be USD 148,250,000.
Note 2: The subsidiary of the Group, Synnex Mauritius Ltd., completed its deregistration process in May 2025.
Note 3: The subsidiaries of the Group, Fortune Ideal Ltd. and Golden Thinking Ltd. are currently non-operational.

C. Subsidiaries not included in the consolidated financial statements: None.
D. Adjustments for subsidiaries with different balance sheet dates: None.
E. Significant restrictions: None.
F. Subsidiaries that have non-controlling interests that are material to the Group: None.

5. CRITICAL ACCOUNTING JUDGEMENTS, ESTIMATES AND KEY SOURCES OF ASSUMPTION UNCERTAINTY

There are no significant changes during this period. Please refer to the Note 5 in the consolidated financial statements for the year 2025.

~21~

6. DETAILS OF SIGNIFICANT ACCOUNTS

(1) Cash and cash equivalents

	March 31, 2026	December 31, 2025	March 31, 2025
Cash on hand and revolving funds	$ 310	$ 312	$ 317
Checking accounts and demand deposits	7,928,323	7,322,840	11,180,487
Time deposits	7,376,355	17,099,023	6,572,424
	$ 15,304,988	$ 24,422,175	$ 17,753,228

A. The Group transacts with a variety of financial institutions all with high credit quality to disperse credit risk, so it expects that the probability of counterparty default is remote.

B. For information regarding cash and cash equivalents pledged as collateral and reclassified as financial assets at amortized cost, please refer to Notes 6(4) and 8.

(2) Financial assets and liabilities at fair value through profit or loss

	March 31, 2026	December 31, 2025	March 31, 2025
Current items:
Financial assets mandatorily measured at fair value through profit or loss
Listed stocks	$ 299,783	$ 163,455	$ 24,212
Financial products	9,895,051	8,229,887	9,391,993
Non-hedging derivatives — forward exchange	672	-	1,847
	10,195,506	8,393,342	9,418,052
Valuation adjustment	257,330	117,959	173,602
	$ 10,452,836	$ 8,511,301	$ 9,591,654
Non-current items:
Financial assets mandatorily measured at fair value through profit or loss
Non-listed stocks	$ 28,738	$ 27,882	$ 28,366
Valuation adjustment	( 487)	( 473)	( 250)
	$ 28,251	$ 27,409	$ 28,116
Current items:
Financial liabilities held for trading
Non-hedging derivatives — forward exchange	$ -	$ 1,628	$ -

A. Amounts recognized in profit or loss in relation to financial assets and liabilities at fair value through profit or loss are listed below:

	Three months ended March 31,
	2026	2025
Financial assets and liabilities at fair value through profit or loss
-Financial products	$ 29,193	$ 29,922
-Equity instruments	132,229	(16,488)
-Derivatives	1,860	3,568
	$ 163,282	$ 17,002

B. The Group entered into contracts relating to derivative financial instruments which were not accounted for under hedge accounting. The information is listed below:

		March 31, 2026
The subsidiaries	Items	Book Value	Nominal Principal (in thousands)
PT. Synnex Metrodata	Forward exchange - buy USD sell IDR Indonesia	$ 672	USD 7,025
		December 31, 2025
The subsidiaries	Items	Book Value	Nominal Principal (in thousands)
PT. Synnex Metrodata	Forward exchange - buy USD sell IDR Indonesia	($ 1,628)	USD 9,898
		March 31, 2025
The subsidiaries	Items	Book Value	Nominal Principal (in thousands)
PT. Synnex Metrodata	Forward exchange - buy USD sell IDR Indonesia	$ 2,121	USD 8,084
PT. Synnex Metrodata	Forward exchange - buy RMB sell IDR Indonesia	( 274)	RMB 26,132
		$ 1,847

The Group undertook forward exchange contracts to hedge risks of foreign currency assets and liabilities arising from fluctuations in exchange rates. However, these forward exchange contracts are not accounted for under hedge accounting.

C. The Group has no financial assets at fair value through profit or loss pledged to others as collateral.
D. Information relating to fair value is provided in Note 12(3).

(3) Financial assets at fair value through other comprehensive income

	March 31, 2026	December 31, 2025	March 31, 2025
Current items:
Equity instruments
Listed stocks	$ 20,304,876	$ 21,521,796	$ 30,302,464
Valuation adjustment	( 10,823,503)	( 8,895,324)	( 11,731,677)
	$ 9,481,373	$ 12,626,472	$ 18,570,787
Non-current items:
Equity instruments
Listed stocks	$ 935,154	$ 935,154	$ 935,633
Non-listed (TSE and OTC) stocks	2,083,524	2,082,223	2,061,637
Valuation adjustment	5,467,896	4,792,891	4,326,667
	$ 8,486,574	$ 7,810,268	$ 7,323,937

A. The Group has elected to classify share investments that are considered to be strategic investments as financial assets at fair value through other comprehensive income.

B. Information relating to the Group’s financial assets at fair value through other comprehensive income recognized as comprehensive (loss) income is provided in the statement of comprehensive income.

C. The Group has no financial assets at fair value through other comprehensive income pledged to others as collateral.

D. Information relating to fair value is provided in Note 12(3).

(4) Financial assets at amortized cost

	March 31, 2026	December 31, 2025	March 31, 2025
Current items:
Time deposits maturing within three months to a year	$ 2,559,600	$ 628,600	$ 1,500
Non-current items:
Pledged time deposits	$ 785,605	$ 785,533	$ 787,129

A. Information on interest income recognized from financial assets measured at amortized cost is provided in Note 6(28).

B. Details of the Group’s financial assets at amortized cost pledged to others as collateral are provided in Note 8.

C. The counterparties of the Group’s investments in certificates of deposit are financial institutions with high credit quality, so the Group expects that the probability of counterparty default is remote.

(5) Notes, accounts and overdue receivable

	March 31, 2026	December 31, 2025	March 31, 2025
Notes receivable	$ 5,489,832	$ 5,985,380	$ 6,461,790
Less: Allowance for uncollectible accounts	( 20,775)	( 25,929)	( 25,658)
	$ 5,469,057	$ 5,959,451	$ 6,436,132
Accounts receivable	$ 79,024,782	$ 69,997,382	$ 63,811,098
Accounts receivable due from related parties	1,092,766	834,346	549,002
Lease receivables (expiring within one year)	153,985	160,911	162,126
	80,271,533	70,992,639	64,522,226
Less: Allowance for uncollectible accounts	( 301,893)	( 245,586)	( 244,398)
	$ 79,969,640	$ 70,747,053	$ 64,277,828
Overdue receivables (recorded as other non-current assets)	$ 5,850,626	$ 5,622,465	$ 4,748,478
Less: Allowance for uncollectible accounts	( 4,340,207)	( 4,122,050)	( 2,982,459)
	$ 1,510,419	$ 1,500,415	$ 1,766,019

Overdue receivables consist primarily of amounts due from customers under bankruptcy proceedings and are stated at their estimated net realizable value. As of March 31, 2026, December 31, 2025 and March 31, 2025, the Group received certain security for a portion of the amounts due.

A. The aging analysis of notes receivable and accounts receivable (including related parties) is as follows:

	March 31, 2026
	Notes receivable	Accounts receivable	Overdue receivables	Total
Not past due	$ 5,489,832	$ 68,552,364	$ -	$ 74,042,196
Up to 60 days past due	-	8,582,258	1,222	8,583,480
61-120 days past due	-	1,387,098	3,574	1,390,672
121-180 days past due	-	560,334	25,677	586,011
More than 181 days past due	-	1,189,479	5,820,153	7,009,632
	$ 5,489,832	$ 80,271,533	$ 5,850,626	$ 91,611,991

	December 31, 2025
	Notes receivable	Accounts receivable	Overdue receivables	Total
Not past due	$ 5,985,380	$ 60,914,155	$ -	$ 66,899,535
Up to 60 days past due	-	6,836,231	2,061	6,838,292
61-120 days past due	-	1,229,656	4,538	1,234,194
121-180 days past due	-	642,760	35,542	678,302
More than 181 days past due	-	1,369,837	5,580,324	6,950,161
	$ 5,985,380	$ 70,992,639	$ 5,622,465	$ 82,600,484
	March 31, 2025
	Notes receivable	Accounts receivable	Overdue receivables	Total
Not past due	$ 6,461,790	$ 55,022,247	$ -	$ 61,484,037
Up to 60 days past due	-	6,557,879	23,684	6,581,563
61-120 days past due	-	1,942,592	68,355	2,010,947
121-180 days past due	-	290,140	70,519	360,659
More than 181 days past due	-	709,368	4,585,920	5,295,288
	$ 6,461,790	$ 64,522,226	$ 4,748,478	$ 75,732,494

The above aging analysis was based on past due date.

B. As of March 31, 2026, December 31, 2025 and March 31, 2025, accounts receivable and notes receivable were all from contracts with customers. And as of January 1, 2025, the balance of receivables from contracts with customers amounted to $82,412,981.
C. Details of the Group's accounts receivable pledged to others as collateral are provided in Note 8.
D. Certain notes receivable were discounted to banks (pertaining to bankers' acceptance). The Group has payment obligation when the acceptors (acceptance banks) of the notes refuse to pay the notes at maturity. However, if the credit rating of the aforesaid acceptors of the notes is high, in general, the Group does not expect that the acceptors of the notes would refuse to pay for the notes at maturity which met the derecognition criteria for financial assets. As of March 31, 2026, December 31, 2025 and March 31, 2025, the Group has not derecognized any notes receivable (pertaining to bankers' acceptance) that were discounted to banks but not yet matured. As of March 31, 2026, December 31, 2025 and March 31, 2025, the Group had liabilities arising from discounted notes receivable of $74,462, $0 and $0, respectively, which were presented under other payables.
E. Lease receivables Information relating to lease receivables is provided in Note 6(13).
F. Information relating to credit risk of notes and accounts receivable is provided in Note 12(2).

(6) Transfer of financial assets

Transferred financial assets that are derecognised in their entirety

The Group entered into factoring agreements with banks to sell its accounts receivable. Under the agreements, the Group is not obligated to bear the default risk of the transferred accounts receivable but is liable for the losses incurred in any business dispute. The Group does not have any continuing involvement in the transferred accounts receivable. Thus, the Group derecognized the factored accounts receivable, and the related information is as follows:

(Unit: USD thousand)

March 31, 2026

Accounts receivable transferred		Amount derecognized		Facilities	Amount advanced
The Company
$	-	$	-		$	-
	(USD)	-	(USD)	-	USD 65,000	(USD)
Subsidiaries
$	-	$	-	USD 115,000	$	-
	(USD)	-	(USD)	-		(USD)

December 31, 2025

Accounts receivable transferred		Amount derecognized		Facilities	Amount advanced
The Company
$	-	$	-		$	-
	(USD)	-	(USD)	-	USD 165,000	(USD)
Subsidiaries
$	-	$	-	USD 115,000	$	-
	(USD)	-	(USD)	-		(USD)

March 31, 2025

Accounts receivable transferred		Amount derecognized		Facilities	Amount advanced
The Company
$	-	$	-	USD 170,000	$	-
	(USD)	-	(USD)	-		(USD)
Subsidiaries
$	-	$	-	USD 115,000	$	-
	(USD)	-	(USD)	-		(USD)

A. The counterparties of the Group's accounts receivable factoring were domestic financial institutions. As of March 31, 2026, December 31, 2025 and March 31, 2025, the Group had no advanced payments from accounts receivable factoring.
B. Information relating to the commercial papers issued for accounts receivable factoring is provided in Note 9(2).

(7) Other receivables

	March 31, 2026	December 31, 2025	March 31, 2025
Receivables from suppliers	$ 3,654,620	$ 2,989,411	$ 6,595,399
Tax refund receivable	694,723	263,816	446,927
— business tax
Other non-operating receivables, others (including related parties)	331,825	373,552	350,566
	$ 4,681,168	$ 3,626,779	$ 7,392,892

(8) Inventories

	March 31, 2026
	Cost	Allowance for Valuation loss	Book value
Merchandise inventories	$ 56,670,046	($ 673,483)	$ 55,996,563
Inventory in transit	22,728	-	22,728
	$ 56,692,774	($ 673,483)	$ 56,019,291
	December 31, 2025
	Cost	Allowance for Valuation loss	Book value
Merchandise inventories	$ 43,872,985	($ 643,704)	$ 43,229,281
Inventory in transit	533,257	-	533,257
	$ 44,406,242	($ 643,704)	$ 43,762,538
	March 31, 2025
	Cost	Allowance for Valuation loss	Book value
Merchandise inventories	$ 39,724,333	($ 668,064)	$ 39,056,269
Inventory in transit	11,846	-	11,846
	$ 39,736,179	($ 668,064)	$ 39,068,115

A. Information relating to inventories pledged to others as collaterals is provided in Note 8.
B. The cost of inventories recognized as expense for the period:

	Three months ended March 31,
	2026	2025
Cost of inventories sold	$ 120,899,032	$ 87,282,923
Loss on decline in market value	29,779	124,395
	$ 120,928,811	$ 87,407,318

(9) Prepayments

	March 31, 2026	December 31, 2025	March 31, 2025
Prepayments to suppliers	$ 23,909,886	$ 6,766,226	$ 3,014,727
Other	133,898	95,443	154,120
	$ 24,043,784	$ 6,861,669	$ 3,168,847

(10) Investments accounted for under equity method

A. The details are as follows:

	March 31, 2026		December 31, 2025		March 31, 2025
	Book value	Shareholding ratio	Book value	Shareholding ratio	Book value	Shareholding ratio
Associates:
Redington Limited	$ 8,024,996	24.12%	$ 7,942,629	24.12%	$ 7,894,540	24.12%
Synnex FPT Joint Stock Company	1,479,515	47.05%	1,574,337	47.11%	1,442,487	47.11%
Synnex (Thailand) Public Company Ltd.	1,945,648	40.00%	1,911,764	40.00%	1,863,657	40.00%
Other	37,083	20%~40%	33,971	20%~40%	30,351	20%~40%
	$ 11,487,242		$ 11,462,701		$ 11,231,035

B. The above investments, aside from Redington Limited and Synnex (Thailand) Public Company Ltd., are based on the profit/(loss) and share of other comprehensive income recognized under equity method in associate's audited financial statements by the Company's appointed independent auditors. Details are as follows:

	Profit/(loss) of associates
	Three months ended March 31,
	2026	2025
Redington Limited	$ 272,167	$ 361,965
Synnex FPT Joint Stock Company	77,862	70,484
Synnex (Thailand) Public Company Ltd.	84,781	74,429
Other	3,113	( 1,445)
	$ 437,923	$ 505,433
	Share of other comprehensive income of associates
	Three months ended March 31,
	2026	2025
Synnex (Thailand) Public Company Ltd.	($ 18,594)	$ 935

C. Associates

All of the Group's associates were individually immaterial. The carrying amount of the Group's interests in all individually immaterial associates and the Group's share of the operating results are summarized below:

(a) As of March 31, 2026, December 31, 2025 and March 31, 2025, information relating to the carrying amount of the Group's individually immaterial associates is provided in Note 6(10).1.

(b) The Group's share of the operating result is summarised below:

	Three months ended March 31,
	2026	2025
Profit for the period	$ 437,923	$ 505,433
Other comprehensive (loss) income, net of tax	( 18,594)	935
Total comprehensive income	$ 419,329	$ 506,368

(c) The fair value calculated proportionately based on ownership shares of the Group's associates with quoted market prices is as follows:

	March 31, 2026	December 31, 2025	March 31, 2025
Redington Limited	$ 12,835,563	$ 17,967,148	$ 17,840,792
Synnex (Thailand) Public Company Ltd.	$ 3,116,583	$ 3,378,854	$ 3,685,798

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(11) Property, plant and equipment

	2026
	Land and land improvements	Buildings and structures			Utilities equipment	Tools	Other equipment	Construction in progress and equipment to be inspected	Total
	Owner -occupied	Owner -occupied	Lease	Subtotal	Owner -occupied	Owner -occupied	Owner -occupied	Owner -occupied
At January 1
Cost	$ 4,983,920	$ 8,113,748	$ 1,153,418	$ 9,267,166	$ 871,908	$ 1,386,452	$ 394,642	$ 2,409	$ 16,906,497
Accumulated depreciation and impairment	( 654)	( 1,404,331)	( 296,499)	( 1,700,830)	( 290,790)	( 300,301)	( 258,294)	-	( 2,550,869)
	$ 4,983,266	$ 6,709,417	$ 856,919	$ 7,566,336	$ 581,118	$ 1,086,151	$ 136,348	$ 2,409	$ 14,355,628
Opening net book amount	$ 4,983,266	$ 6,709,417	$ 856,919	$ 7,566,336	$ 581,118	$ 1,086,151	$ 136,348	$ 2,409	$ 14,355,628
Additions	549	3,126	-	3,126	-	1,684	2,379	3,806	11,544
Disposals	-	-	-	-	-	( 750)	( 154)	-	( 904)
Reclassifications	-	( 107,586)	108,369	783	-	776	-	( 1,150)	409
Depreciation charge	( 273)	( 49,337)	( 8,011)	( 57,348)	( 14,807)	( 21,508)	( 9,697)	-	( 103,633)
Effect of exchange rate changes	31,662	164,188	27,831	192,019	24,005	44,112	796	102	292,696
Closing net book amount	$ 5,015,204	$ 6,719,808	$ 985,108	$ 7,704,916	$ 590,316	$ 1,110,465	$ 129,672	$ 5,167	$ 14,555,740
At March 31
Cost	$ 5,016,159	$ 8,158,741	$ 1,339,329	$ 9,498,070	$ 899,252	$ 1,438,080	$ 390,707	$ 5,167	$ 17,247,435
Accumulated depreciation and impairment	( 955)	( 1,438,933)	( 354,221)	( 1,793,154)	( 308,936)	( 327,615)	( 261,035)	-	( 2,691,695)
	$ 5,015,204	$ 6,719,808	$ 985,108	$ 7,704,916	$ 590,316	$ 1,110,465	$ 129,672	$ 5,167	$ 14,555,740

2025

	Land	Buildings and structures			Utilities equipment	Tools	Other equipment	Construction in progress and equipment to be inspected	Total
	Owner -occupied	Owner -occupied	Lease	Subtotal	Owner -occupied	Owner -occupied	Owner -occupied	Owner -occupied
At January 1
Cost	$ 5,031,478	$ 6,375,696	$ 1,311,766	$ 7,687,462	$ 451,070	$ 734,405	$ 487,546	$ 2,472,828	$ 16,864,789
Accumulated depreciation and impairment	-	( 1,264,368)	( 301,545)	( 1,565,913)	( 294,503)	( 221,806)	( 313,053)	-	( 2,395,275)
	$ 5,031,478	$ 5,111,328	$ 1,010,221	$ 6,121,549	$ 156,567	$ 512,599	$ 174,493	$ 2,472,828	$ 14,469,514
Opening net book amount	$ 5,031,478	$ 5,111,328	$ 1,010,221	$ 6,121,549	$ 156,567	$ 512,599	$ 174,493	$ 2,472,828	$ 14,469,514
Additions	-	1,474	-	1,474	-	47,842	5,630	177,336	232,282
Disposals	-	-	-	-	( 466)	( 36,183)	( 4,581)	-	( 41,230)
Reclassifications	-	369,095	( 130,743)	238,352	1,290	-	6,413	( 239,642)	6,413
Depreciation charge	-	( 42,188)	( 6,649)	( 48,837)	( 9,807)	( 20,854)	( 15,332)	-	( 94,830)
Effect of exchange rate changes	13,802	43,452	17,170	60,622	2,797	7,869	546	52,963	138,599
Closing net book amount	$ 5,045,280	$ 5,483,161	$ 889,999	$ 6,373,160	$ 150,381	$ 511,273	$ 167,169	$ 2,463,485	$ 14,710,748
At March 31
Cost	$ 5,045,280	$ 6,842,928	$ 1,159,693	$ 8,002,621	$ 455,055	$ 753,454	$ 480,061	$ 2,463,485	$ 17,199,956
Accumulated depreciation and impairment	-	( 1,359,767)	( 269,694)	( 1,629,461)	( 304,674)	( 242,181)	( 312,892)	-	( 2,489,208)
	$ 5,045,280	$ 5,483,161	$ 889,999	$ 6,373,160	$ 150,381	$ 511,273	$ 167,169	$ 2,463,485	$ 14,710,748

A. The Group did not capitalize any borrowing costs in respect of the above-mentioned property, plant and equipment.
B. Details of the Group’s property, plant and equipment pledged to others as collateral are provided in Note 8.

(12) Leasing arrangements—lessee

A. The Group leases various assets including land use rights and buildings. Rental contracts are typically made for periods of 2 to 10 years for buildings and 43 to 50 years for land use rights. Lease terms are negotiated on an individual basis and contain a wide range of different terms and conditions. The lease agreements do not impose covenants, but leased assets may not be used as security for borrowing purposes.
B. The carrying amount of right-of-use assets and the depreciation charge are as follows:

	Land use rights	Buildings	Total
January 1, 2026	$ 612,072	$ 351,117	$ 963,189
Depreciation charge	( 4,685)	( 33,160)	( 37,845)
Effect of exchange rate changes	18,725	4,811	23,536
March 31, 2026	$ 626,112	$ 322,768	$ 948,880
	Land use rights	Buildings	Total
January 1, 2025	$ 629,618	$ 285,653	$ 915,271
Early termination of leases	-	( 1,945)	( 1,945)
Depreciation charge	( 4,631)	( 41,445)	( 46,076)
Effect of exchange rate changes	11,804	4,958	16,762
March 31, 2025	$ 636,791	$ 247,221	$ 884,012

C. Information on profit or loss relating to lease contracts is as follows:

	Three months ended March 31,
	2026	2025
Items affecting profit or loss
Interest expense on lease liabilities	$ 3,607	$ 4,163
Expense on short-term lease contracts	17,782	23,221
Expense on leases of low-value assets	2,651	2,304
Gain (loss) on lease modification	-	( 59)

D. Apart from the cash outflow relating to the lease expense mentioned above, the Group’s cash outflow arising from the payment of lease liabilities amounted is provided in Note 6(36).

(13) Leasing arrangements—lessor

A. The Group leases various assets including office buildings. Rental contracts are typically made for periods of 1 to 10 years. Lease terms are negotiated on an individual basis. To protect the lessor’s ownership rights on the leased assets, all or certain leased assets may not be subleased, sublet and pledged.
B. Finance lease

(a) The Group leases computers and computer peripherals assets to others under a finance lease. Based on the terms of the lease contract, the ownership of the assets will be transferred to

lessees provided that the lessees exercise the purchase option when the leases expire. Information on profit or loss in relation to lease contracts is as follows:

	Three months ended March 31,
	2026	2025
Sales profit (recorded as operating revenue minus operating costs)	$ 12,888	$ 16,577
Finance income from the net investment in the finance lease	3,276	3,571
	$ 16,164	$ 20,148

(b) The maturity analysis of the undiscounted lease payments in the finance lease is as follows:

	March 31, 2026	December 31, 2025	March 31, 2025
Within 1 year	$ 179,272	$ 187,663	$ 190,565
1-5 year(s)	131,705	139,851	154,680
	$ 310,977	$ 327,514	$ 345,245

(c) Reconciliation of the undiscounted lease payments and the net investment in the finance lease is provided as follows:

	March 31, 2026
	Current (listed as accounts receivable)	Non-current (listed as other non-current assets)	Total
Undiscounted lease payments	$ 179,272	$ 131,705	$ 310,977
Unearned finance income	(25,287)	(15,493)	(40,780)
Net investment in the lease	$ 153,985	$ 116,212	$ 270,197
	December 31, 2025
	Current (listed as accounts receivable)	Non-current (listed as other non-current assets)	Total
Undiscounted lease payments	$ 187,663	$ 139,851	$ 327,514
Unearned finance income	(26,752)	(16,617)	(43,369)
Net investment in the lease	$ 160,911	$ 123,234	$ 284,145
	March 31, 2025
	Current (listed as accounts receivable)	Non-current (listed as other non-current assets)	Total
Undiscounted lease payments	$ 190,565	$ 154,680	$ 345,245
Unearned finance income	(28,439)	(18,830)	(47,269)
Net investment in the lease	$ 162,126	$ 135,850	$ 297,976

C. Operating lease

(a) Gain arising from operating lease agreements are as follows:

	Three months ended March 31,
	2026	2025
Rental income	$ 81,931	$ 136,581

(b) The maturity analysis of the lease payments under the operating leases is as follows:

	March 31, 2026	December 31, 2025	March 31, 2025
Within 1 year	$ 270,025	$ 237,751	$ 292,863
1-5 year(s)	508,172	434,048	361,671
Over 5 years	339,500	342,096	166,508
	$ 1,117,697	$ 1,013,895	$ 821,042

(14) Investment property

	2026	2025
	Buildings and structures	Buildings and structures
At January 1
Cost	$ 1,386,709	$ 1,381,922
Accumulated depreciation	( 474,478)	( 440,866)
	$ 912,231	$ 941,056
Opening net book amount	$ 912,231	$ 941,056
Additions	-	2,797
Depreciation charge	( 8,359)	( 8,280)
Net exchange differences	27,889	17,662
Closing net book amount	$ 931,761	$ 953,235
At March 31
Cost	$ 1,428,545	$ 1,410,805
Accumulated depreciation	( 496,784)	( 457,570)
	$ 931,761	$ 953,235

A. Rental income from investment property and direct operating expenses arising from investment property are shown below:

	Three months ended March 31,
	2026	2025
Rental income from investment property	$ 43,783	$ 95,124
Direct operating expenses arising from the investment property that generated rental income during the period	$ 9,185	$ 8,642

B. The fair value of the investment property held by the Group as of March 31, 2026, December 31, 2025 and March 31, 2025 was $1,941,532, $2,883,202 and $2,933,301, respectively, which is calculated based on the present value of rental revenue for the next 10 years and disposal value.

The valuation approach is categorized within level 3 in the fair value hierarchy. The growth rates used are consistent with the forecasts included in market quotation reports and historical experiences. The discount rates used are pre-tax and reflect specific risks relating to the relevant operating segments.

C. The Group has no investment property pledged to others as collateral and capitalization of interests as of March 31, 2026, December 31, 2025 and March 31, 2025.

(15) Intangible assets

	2026
	Computer software cost	Goodwill	Total
At January 1
Cost	$ 176,968	$ 544,754	$ 721,722
Accumulated amortisation	( 93,213)	-	( 93,213)
	$ 83,755	$ 544,754	$ 628,509
Opening net book amount	$ 83,755	$ 544,754	$ 628,509
Additions - acquired separately	681	-	681
Reclassifications	2,066	-	2,066
Amortisation charge	( 7,760)	-	( 7,760)
Net exchange differences	2,599	-	2,599
Closing net book amount	$ 81,341	$ 544,754	$ 626,095
At March 31
Cost	$ 170,902	$ 544,754	$ 715,656
Accumulated amortisation	( 89,561)	-	( 89,561)
	$ 81,341	$ 544,754	$ 626,095

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	2025
	Computer software cost	Goodwill	Total
At January 1
Cost	$ 177,179	$ 554,372	$ 731,551
Accumulated amortisation	( 78,690)	-	( 78,690)
	$ 98,489	$ 554,372	$ 652,861
Opening net book amount	$ 98,489	$ 554,372	$ 652,861
Additions - acquired separately	642	-	642
Reclassifications	4,447	-	4,447
Amortisation charge	( 9,848)	-	( 9,848)
Net exchange differences	1,195	-	1,195
Closing net book amount	$ 94,925	$ 554,372	$ 649,297
At March 31
Cost	$ 174,823	$ 554,372	$ 729,195
Accumulated amortisation	( 79,898)	-	( 79,898)
	$ 94,925	$ 554,372	$ 649,297

A. Amortisation charges on intangible assets were recognised as administrative expenses amounting to $7,760 and $9,848 for the three months ended March 31, 2026 and 2025, respectively.

B. Goodwill is allocated to the Group's cash-generating units:

	March 31, 2026	December 31, 2025	March 31, 2025
Taiwan	$ 239,479	$ 239,479	$ 239,479
Hong Kong	305,275	305,275	305,275
Indonesia	-	-	9,618
	$ 544,754	$ 544,754	$ 554,372

C. Impairment of non-financial assets

Goodwill is allocated to the Group's cash-generating units identified according to operation segment. The recoverable amount of all cash-generating units has been determined based on value-in-use calculations. These calculations use pre-tax cash flow projections based on financial budgets approved by the management covering a five-year period.

The recoverable amount of all cash-generating units calculated using the value-in-use did not exceed their carrying amount, so impairment loss on goodwill was $9,138 for the year ended December 31, 2025.

D. This Group has no intangible assets pledged to others as collateral as of March 31, 2026, December 31, 2025 and March 31, 2025.

(16) Other non-current assets

	March 31, 2026	December 31, 2025	March 31, 2025
Refundable deposits	$ 77,698	$ 77,204	$ 89,782
Long-term notes and overdue receivables	1,510,419	1,500,415	1,766,019
Long-term lease receivables	116,212	123,234	135,850
Others	40,254	42,615	47,705
	$ 1,744,583	$ 1,743,468	$ 2,039,356

For details of long-term lease receivables, please refer to Note 6(13).

(17) Short-term borrowings

	March 31, 2026	December 31, 2025	March 31, 2025
Bank borrowings
Unsecured borrowings	$ 56,520,786	$ 56,699,310	$ 52,621,091
Secured borrowings	289,552	1,021,056	2,357,688
	$ 56,810,338	$ 57,720,366	$ 54,978,779
Interest rate range
Unsecured borrowings	1.88%~5.05%	1.85%~4.63%	1.89%~5.09%
Secured borrowings	5.00%	4.50%~4.58%	5.04%~6.25%
Collateral
Unsecured borrowings	None	None	None
Secured borrowings	Note 8	Note 8	Note 8

Interest expense recognized in profit or loss, please refer to Note 6(31).

(18) Short-term notes and bills payable

	March 31, 2026	December 31, 2025	March 31, 2025
Commercial paper payable	$ 25,740,000	$ 8,800,000	$ 1,500,000
Interest rate range	1.83%~2.00%	1.83%~1.98%	1.97%

The above-mentioned short-term notes and bills payables are issued and accepted by financial institutions. The interest includes costs related to issuance.

(19) Other payables

	March 31, 2026	December 31, 2025	March 31, 2025
Dividends payable	$ 7,005,377	$ -	$ 6,671,788
Estimated marketing grant payable	5,145,735	4,445,734	4,100,077
Salary and bonus payable	580,110	871,022	558,326
Accrued expenses – others	493,968	478,838	576,763
Accounts payable—construction	54,032	54,032	63,412
Other payables – others (including related parties)	1,103,225	1,095,177	953,678
	$ 14,382,447	$ 6,944,803	$ 12,924,044

(20) Other current liabilities

	March 31, 2026	December 31, 2025	March 31, 2025
Refund liability – dealers' rebates payable	$ 3,861,982	$ 2,954,981	$ 2,984,821
Advances from customers	3,516,634	149,227	71,045
Other	-	-	104,546
	$ 7,378,616	$ 3,104,208	$ 3,160,412

(21) Long-term borrowings

Type of borrowings	Borrowing period and repayment term	Interest rate range	Collateral	March 31, 2026
Syndicated Loans signed with Mega International Commercial Bank and other 8 banks (ESG-linked KPI loan)	Five years from the date of first drawdown (August 1, 2022)	-	None	$ -
Syndicated Loans signed with Taiwan Cooperative Bank and other 8 banks (ESG-linked KPI loan)	Five years from the date of first drawdown (November 17, 2023)	2.03%	None
				2,500,000
				$ 2,500,000
Less: Long-term liabilities, Current portion				-
				$ 2,500,000
Type of borrowings	Borrowing period and repayment term	Interest rate range	Collateral	December 31, 2025
Syndicated Loans signed with Mega International Commercial Bank and other 8 banks (ESG-linked KPI loan)	Five years from the date of first drawdown (August 1, 2022)	2.03%	None	$ 4,200,000
Syndicated Loans signed with Taiwan Cooperative Bank and other 8 banks (ESG-linked KPI loan)	Five years from the date of first drawdown (November 17, 2023)	2.00%~2.03%	None
				5,000,000
				$ 9,200,000
Less: Long-term liabilities, Current portion				-
				$ 9,200,000

Type of borrowings	Borrowing period and repayment term	Interest rate range	Collateral	March 31, 2025
Syndicated Loans signed with Mega International Commercial Bank and other 8 banks (ESG-linked KPI loan)	Five years from the date of first drawdown (August 1, 2022)	2.03%	None	$ 4,500,000
Syndicated Loans signed with Taiwan Cooperative Bank and other 8 banks (ESG-linked KPI loan)	Five years from the date of first drawdown (November 17, 2023)	2.03%	None
				7,300,000
				$ 11,800,000
Less: Long-term liabilities, Current portion				-
				$ 11,800,000

A. The terms of syndicated borrowing agreement are as follows:

(a) The Company signed a syndicated borrowing agreement on June 23, 2022, with 9 syndicated borrowing banks, including Mega International Commercial Bank as the arranger. The total credit facility amounts to NT$14.4 billion. According to the agreement, the Company may revolve mid-term loans and issue commercial paper on a revolving basis during the credit period, which are five years from the date of first drawdown; the issuance of corporate bonds to guarantee loans cannot be utilized on a revolving basis and its credit period begins from the date the bond proceeds are fully received and can last up to five years. The Company covenants to assess financial ratios, including current ratio, interest coverage ratio, tangible net worth and debt ratio, based on the consolidated financial statements audited by its independent auditors once a year, and to maintain these ratios during the term of the credit facility. The Company's financial statements as of March 31, 2026, December 31, 2025 and March 31, 2025 do not contain any violations of the aforementioned covenants.

(b) The Company signed a syndicated borrowing agreement on June 30, 2023, with 9 syndicated borrowing banks, including Taiwan Cooperative Bank as the arranger. The total credit facility amounts to NT$20.7 billion. According to the agreement, the Company may revolve mid-term loans and issue commercial paper on a revolving basis during the credit period, which are five years from the date of first drawdown. The Company covenants to assess financial ratios, including current ratio, interest coverage ratio, tangible net worth and debt ratio, based on the consolidated financial statements audited by its independent auditors once a year, and to maintain these ratios. The Company's financial statements as of March 31, 2026, December 31, 2025 and March 31, 2025 do not contain any violations of the aforementioned covenants.

B. Information on interest expense recognized in profit or loss is provided in Note 6(31).

(22) Pensions

A. Defined benefit plans

(a) The Company and its domestic subsidiaries have a defined benefit pension plan in accordance with the Labor Standards Law. The pension benefits are paid based on the service years and the average monthly salaries of the last 1 month prior to retirement. The Company contributes monthly an amount equal to 2% of the employees' monthly salaries and wages to the retirement fund deposited with Bank of Taiwan, the trustee, under the name of the independent retirement fund committee. Also, the Company would assess the balance in the aforementioned labor pension reserve account by December 31, every year. If the account balance is insufficient to pay the pension calculated by the aforementioned method to the employees expected to qualify for retirement in the following year, the Company will make contributions to cover the deficit by next March. The subsidiary, PT. Synnex Metrodata Indonesia, also adopted a defined benefit plan.

(b) For the aforementioned pension plan, the Group recognised pension costs of $5,513 and $5,195 for the three months ended March 31, 2026 and 2025, respectively.

(c) Expected contributions to the defined benefit pension plans of the Group for the year ending December 31, 2026 amount to $10,468.

B. Defined contribution plans

(a) No pension plan is established for certain overseas investment holding companies since these companies are not required to have an employee pension plan in accordance with the local legislation. Except for the above, other companies have established a funded defined contribution pension plan and therefore contribute monthly a certain percentage of the employees' monthly salaries and wages to the retirement fund. Except for monthly contributions to the retirement fund, these companies have no further obligations.

(b) The pension costs under defined contribution pension plans of the Group for the three months ended March 31, 2026 and 2025 were $81,396 and $83,251, respectively.

(23) Share capital

A. As of March 31, 2026, the Company's authorized capital was $24,000,000 (including $500,000 reserved for the conversion of employees' stock options which have not been issued), and the paid-in capital was $16,679,470 with a par value of NT$10 (in dollars) per share. Shares yet to be issued can be issued several times by the Board of Directors depending on the demand, and some of them can be distributed in the form of preferred shares. All proceeds from shares issued have been collected.

Movements in the number of the Company's ordinary shares outstanding are as follows: (Unit: shares)

	2026	2025
At January 1 (At March 31)	1,667,946,968	1,667,946,968

B. In 1997 and 1999, the Company issued new shares and Mitac Incorporated and other major

shareholders offered part of their shares to jointly participate in the issuance of global depository shares (GDSs). These GDSs were issued in Europe, Asia and the USA. Each GDS represents 4 shares of ordinary share. After several issuances of GDSs by issuing new shares, the total number of GDSs outstanding as of December 31, 2025 was 7,070 units, representing 28,292 shares of ordinary share. The main terms and conditions of the GDSs are as follows:

(a) Voting rights

The holders of GDSs have no right to directly attend any shareholders' meeting of the Company, vote, or speak. However, when the Depositary receives the same instruction from more than 51% of the holders of GDSs on a proposal, the Depositary shall vote on the proposal as instructed by the holders of GDSs.

(b) Conversion of GDSs

Commencing three months after the initial issuance of GDSs, subject to the terms of the Deposit Agreement and applicable laws of the R.O.C., a holder of GDSs may request the Depositary to redeem and deliver or sell the Company's ordinary share represented by the GDSs.

The holders of GDSs are entitled to receive dividends to the same extent as the holders of ordinary shares.

(24) Capital surplus

Pursuant to the R.O.C. Company Act, capital surplus arising from paid-in capital in excess of par value on issuance of common stocks and donations can be used to cover accumulated deficit or to issue new stocks or cash to shareholders in proportion to their share ownership, provided that the Company has no accumulated deficit. Further, the R.O.C. Securities and Exchange Act requires that the amount of capital surplus to be capitalized mentioned above should not exceed 10% of the paid-in capital each year. Capital surplus should not be used to cover accumulated deficit unless the legal reserve is insufficient.

	2026
	Share premium	Treasury share transactions	Changes in equity of associates and joint ventures	Others	Total
At January 1	$ 12,814,051	$ 340,678	$ 94,206	$ 233,639	$ 13,482,574
Changes in equity of associates and joint ventures	-	-	1,580	-	1,580
At March 31	$ 12,814,051	$ 340,678	$ 95,786	$ 233,639	$ 13,484,154

	2025
	Share premium	Treasury share transactions	Changes in equity of associates and joint ventures	Others	Total
At January 1	$12,814,051	$340,678	$96,005	$233,282	$13,484,016
Changes in equity of associates and joint ventures	-	-	(2,196)	-	(2,196)
Unclaimed dividends	-	-	-	357	357
At March 31	$12,814,051	$340,678	$93,809	$233,639	$13,482,177

(25) Retained earnings

A. The Company's Articles of Incorporation:

(a) If the Company's final accounts show a profit, the current year's earnings shall first be used to pay all taxes, offset prior year's losses, and then 10% of the remaining amount shall be set aside for legal reserve and provision for or reversal of special reserve as required by law. After setting aside or reversing a special reserve in accordance with related laws, the remaining earnings, if any, shall first be appropriated as stock dividends for preferred stock. If there is profit remaining, the Board of Directors shall propose to distribute the balance amount, together with any accumulated non-distributed profit. Where dividends are distributed in the form of stocks, the distribution shall be subject to the approval of the shareholders at the shareholders' meeting. Where dividends are distributed in the form of cash, the Board of Directors is authorized to make such distribution by approval of more than half of directors present at a meeting where more than two-thirds of the directors are in attendance, and the distribution shall also be reported at the shareholders' meeting. The Board of Directors shall determine the shareholders' cash dividend ratio with the consideration of the financial structure of the Company, future earnings situation, and business development; however, the cash dividend ratio may not be less than 15% of the total current dividend distributed to shareholders.

(b) Where the Company incurs no loss, the Board of Directors may draft distribution proposals to distribute part, or all of the legal reserve and capital surplus specified in Article 241 of the Company Act to shareholders. Where dividends are distributed in the form of stocks, the distribution shall be subject to the approval of the shareholders at the shareholders' meeting. Where dividends are distributed in the form of cash, the Board of Directors is authorized to make such distribution by approval of more than half of the directors present at the meeting where more than two-thirds of the directors are in attendance, and the distribution shall also be reported at the shareholders' meeting.

B. The appropriations of 2025 and 2024 earnings had been resolved at the Board of Directors' meeting on March 10, 2026 and resolved at the shareholders' meeting on May 29, 2025, respectively. Details are summarized below:

~43~

Years ended December 31,

	2025		2024
	Amount	Dividends per share (in dollars)	Amount	Dividends per share (in dollars)
Provision for legal reserve	$ 969,250		$ 924,623
(Reversal of) special reserve	(85,876)		(1,075,722)
Cash dividends	7,005,377	4.20	6,671,788	4.00

For the years ended December 31, 2025 and 2024, in accordance with the Company’s Articles of Incorporation, the appropriation of cash dividend was authorized to the Board of Directors. Thus, the financial statements reflect the dividends payable.

(25) Other equity items

	Currency translation	Unrealised gains (losses) on valuation	Total
At January 1, 2026	($ 3,309,228)	($ 3,415,499)	($ 6,724,727)
Revaluation:
-Group	-	( 428,475)	( 428,475)
-Associates	-	( 18,594)	( 18,594)
Revaluation transferred to retained earnings:
-Group	-	( 637,862)	( 637,862)
Currency translation differences:
-Group	3,029,151	-	3,029,151
At March 31, 2026	($ 280,077)	($ 4,500,430)	($ 4,780,507)
	Currency translation	Unrealised gains (losses) on valuation	Total
At January 1, 2025	($ 1,087,102)	($ 5,723,501)	($ 6,810,603)
Revaluation:
-Group	-	( 440,741)	( 440,741)
-Associates	-	935	935
Currency translation differences:
-Associates	2,057,154	-	2,057,154
At March 31, 2025	$ 970,052	($ 6,163,307)	($ 5,193,255)

(26) Operating revenue

Disaggregation of revenue from contracts with customers

The Group derives revenue from the transfer of goods and services over time and at a point in time in the following major product lines:

	Timing of revenue	Three months ended March 31,
		2026	2025
Revenue from 3C and semiconductor products, etc.	At a point in time	$ 125,804,464	$ 90,830,734
Others	Over time	553,184	567,042
		$ 126,357,648	$ 91,397,776
(27) Interest income
		Three months ended March 31,
		2026	2025
Interest income from bank deposits		$ 160,007	$ 163,735
Other interest income		48,429	97,100
		$ 208,436	$ 260,835
(28) Other income
		Three months ended March 31,
		2026	2025
Rental income		$ 81,931	$ 136,581
Dividend income		59,586	89,165
Others		61,936	21,666
		$ 203,453	$ 247,412
(29) Other gains and (losses)
		Three months ended March 31,
		2026	2025
Net gains on financial assets at fair value through profit or loss		$ 163,282	$ 17,002
Net currency exchange losses		( 25,998)	18,091
Gains (losses) on disposal of property, plant and equipment		-	3,039
Related expense charges on investment property		( 9,185)	( 8,642)
Loss (gain) on lease modification		-	59
Others		4,939	( 1,366)
		$ 133,038	$ 28,183
(30) Finance costs
		Three months ended March 31,
		2026	2025
Interest expense on bank borrowings		$ 336,686	$ 458,214
Interest expense on short-term notes and bills payable		139,900	41,098
Interest expense on lease liabilities		3,607	4,163
		$ 480,193	$ 503,475

(31) Expenses by nature

	Three months ended March 31,
	2026	2025
Employee benefit expense	$ 1,181,673	$ 1,215,176
Depreciation expense
Property, plant and equipment	$ 103,633	$ 94,830
Right-of-use assets	37,845	46,076
Investment property	8,359	8,280
Total	$ 149,837	$ 149,186
Amortization charges on intangible assets	$ 7,760	$ 9,848

(32) Employee benefit expense

	Three months ended March 31,
	2026	2025
Wages and salaries	$ 1,003,278	$ 1,036,656
Employee social security expense	56,152	60,083
Pension costs	86,909	88,446
Directors’ remuneration	2,700	2,700
Other personnel expenses	32,634	27,291
	$ 1,181,673	$ 1,215,176

A. The profit distribution method as stipulated in the Articles of Incorporation of the Company is as follows:

(a) According to the profit distribution policy revised in the Articles of Incorporation at the shareholders' meeting on May 29, 2025, the Company shall allocate pre-tax profits of the current year, after deducting employees' and directors' remuneration and rectifying losses. If a surplus remains, it shall set aside employees' remuneration of no more than 10% and not less than 0.01%, with at least 1% allocated to rank-and-file employees' remuneration, and directors' remuneration not exceeding 1%. Employees' remuneration may be distributed in stock or cash, while directors' remuneration shall be distributed in cash. Both require a resolution passed by the Board of Directors with a quorum of at least two-thirds of directors present and the approval of more than half of the directors in attendance. If employees' remuneration is distributed in stock, employees of the Company's subsidiaries who meet certain criteria may also be eligible, with these criteria authorized for determination by the Company's Chairman.

(b) Prior to the revision of the Articles of Incorporation at the shareholders' meeting on May 29, 2025, and according to the profit distribution policy, the Company was required to allocate pre-tax profits of the current year, after deducting employees' and directors' remuneration and rectifying losses. If a surplus remained, it would set aside employees' remuneration of no more than 10% and not less than 0.01%, and directors' remuneration not exceeding 1%. Employees' remuneration could be distributed in stock or cash, while directors' remuneration was to be distributed in cash. Both required a resolution passed by the Board of Directors

with a quorum of at least two-thirds of directors present and the approval of more than half of the directors in attendance. If employees' remuneration was distributed in stock, employees of the Company's subsidiaries who met certain criteria could also be eligible, with these criteria authorized for determination by the Company's Chairman.

B. For the three months ended March 31, 2026 and 2025, employees' compensation (bonus) were accrued at $300 and $300, respectively; directors' remuneration were accrued at $2,700 and $2,700, respectively. The aforementioned amounts were recognised in salary expenses.

The employees' compensation and directors' remuneration were estimated and accrued based on 0.01% and 0.1% of distributable profit of current year for the three months ended March 31, 2026.

For 2025, the employees' compensation and directors' remuneration resolved by the Board of Directors amounted to $1,200 and $10,800, respectively. Consistent with the amount recognized in the consolidated financial statements for the year ended December 31, 2025. As of May 5, 2026, the employees' compensation and directors' remuneration had not yet been distributed.

C. Information about employees' compensation and directors' remuneration of the Company as resolved by the Board of Directors is posted in the "Market Observation Post System" at the website of the Taiwan Stock Exchange.

(33) Income tax

A. Income tax expense

(a) Components of income tax expense:

	Three months ended March 31,
	2026	2025
Current tax:
Current tax on profits for the period	$ 930,905	$ 552,437
Prior period income tax adjustment	261	(38,641)
Total current tax	931,166	513,796
Deferred tax:
Origination and reversal of temporary differences	(146,384)	(45,472)
Income tax expense	$ 784,782	$ 468,324

(b) The income tax (charge)/credit relating to components of other comprehensive income is as follows: :

	Three months ended March 31,
	2026	2025
Fair value changes on disposal of financial assets at fair value through other comprehensive income	($ 127,572)	$ -

(c) For the three months ended March 31, 2026 and 2025, the Group had no income tax charged/(credited) to equity during the period.

B. The Company's income tax returns of 2022 have been assessed and approved by the Tax Authority. Seper Technology Corporation's and Bestcom Infotech Corporation's income tax returns of 2023 have been assessed and approved by the Tax Authority.

As for the remaining domestic subsidiaries, their income tax returns of 2024 have been assessed and approved by the Tax Authority.

C. The deferred tax liabilities recognized by the Group on March 31, 2026, December 31, 2025, and March 31, 2025 when assessing the repatriation of profits from the reinvested company were all $5,669,453.

D. The Group falls within the scope of the Pillar 2 model rules issued by the Organization for Economic Co-operation and Development (OECD). The Pillar 2 legislation has been enacted for the Group's subsidiaries—Synnex Australia Pty. Ltd., Synnex Technology International (HK) Ltd. and PT. Synnex Metrodata Indonesia. As their effective tax rates exceed 17%, no obligation arises to pay top-up tax on the difference between the GloBE effective tax rate and the minimum tax rate of 17%. As of March 31, 2026, the Group has assessed that there are no significant current income tax risks related to these jurisdictions.

(34) Earnings per share

	Three months ended March 31, 2026
	Amount after tax	Weighted average number of ordinary shares outstanding (share in thousands)	Earnings per share (in dollars)
Basic earnings per share
Profit attributable to ordinary shareholders of the parent	$ 2,954,386	1,667,947	1.77
Diluted earnings per share
Profit attributable to ordinary shareholders of the parent	$ 2,954,386	1,667,947
Assumed conversion of all dilutive potential ordinary shares
Employees’ compensation	-	7
Profit attributable to ordinary shareholders of parent plus assumed conversion of all dilutive potential ordinary shares	$ 2,954,386	1,667,954	1.77

~48~

Three months ended March 31, 2025
	Amount after tax	Weighted average number of ordinary shares outstanding (share in thousands)	Earnings per share (in dollars)
Basic earnings per share
Profit attributable to ordinary shareholders of the parent	$ 1,826,854	1,667,947	1.10
Diluted earnings per share
Profit attributable to ordinary shareholders of the parent	$ 1,826,854	1,667,947
Assumed conversion of all dilutive potential ordinary shares
Employees’ compensation	-	7
Profit attributable to ordinary shareholders of parent plus assumed conversion of all dilutive potential ordinary shares	$ 1,826,854	1,667,954	1.10
(Remainder of page intentionally left blank)

(35) Changes in liabilities from financing activities

	Cash dividends payable	Short-term borrowings	Short-term notes and bills payable	Long-term borrowings (including current portion)	Current/ Non-current lease liabilities	Guarantee deposits received
At January 1, 2026	$ -	$ 57,720,366	$ 8,800,000	$ 9,200,000	$ 368,012	$ 132,341
Cash dividends declared	7,005,377	-	-	-	-	-
Increase in loans	-	-	-	11,590,000	-	-
Decrease in loans	- (	910,028)	- (	18,290,000)	-	-
Increase in short-term notes and bills payable	-	-	16,940,000	-	-	-
Payments of lease liabilities	-	-	-	- (	16,279)	-
Increase in guarantee deposits received	-	-	-	-	-	106,678
Decrease in guarantee deposits received	-	-	-	-	-	( 57,129)
Impact of changes in foreign exchange rate	-	-	-	- (	9,767)	464
At March 31, 2026	$ 7,005,377	$ 56,810,338	$ 25,740,000	$ 2,500,000	$ 341,966	$ 182,354
	Cash dividends payable	Short-term borrowings	Short-term notes and bills payable	Long-term borrowings (including current portion)	Current/ Non-current lease liabilities	Guarantee deposits received
At January 1, 2025	$ -	$ 58,755,355	$ 7,600,000	$ 20,950,000	$ 294,555	$ 147,651
Cash dividends declared	6,671,788	-	-	-	-	-
Increase in loans	-	-	-	7,050,000	-	-
Decrease in loans	- (	3,776,576)	- (	16,200,000)	-	-
Decrease in short-term notes and bills payable	-	- (	6,100,000)	-	-	-
Payments of lease liabilities	-	-	-	- (	25,613)	-
Changes in other non-cash items	-	-	-	- (	2,004)	-
Increase in guarantee deposits received	-	-	-	-	-	38,725
Decrease in guarantee deposits received	-	-	-	-	- (	45,823)
Impact of changes in foreign exchange rate	-	-	-	- (	9,197)	1,428
At March 31, 2025	$ 6,671,788	$ 54,978,779	$ 1,500,000	$ 11,800,000	$ 257,741	$ 141,981

(36) Supplemental information of cash flows

A. Investment activities partially paid out by cash :

	Three months ended March 31,
	2026	2025
Purchase of property, plant, and equipment	$ 11,544	$ 232,282
Add : Beginning balance of construction retainage payable (listed as other payables)	54,032	201,412
Less: Ending balance of construction retainage payable (listed as other payables)	( 54,032)	( 63,412)
Cash paid out in current period	$ 11,544	$ 370,282

B. Financing activities that do not affect cash flow

	Three months ended March 31,
	2026	2025
Cash dividends declared but yet to be paid	$ 7,005,377	$ 6,671,788

RELATED PARTY TRANSACTIONS

(1) Names of related parties and relationship

Names of related parties	Relationship with the Group
Associates:
Synnex (Thailand) Public Company Ltd. and its Subsidiaries (Synnex Thailand)	The Company’s investee accounted for using equity method
Redington Limited	The Company’s investee accounted for using equity method
Synnex FPT Joint Stock Company and its Subsidiaries (Synnex FPT)	Indirect subsidiary’s investee accounted for using equity method
Asgard System, Inc.	Indirect investee of subsidiary
Other related parties:
Mitac Incorporated	The Company’s chairperson is the related party’s chairperson
Mitac Information Technology Corporation	The Company’s chairperson is the related party’s director
Mitac International Corporation	The Company’s chairperson is the related party’s chairperson
Mitac Digital Technology Corporation	The Company’s chairperson is the related party’s director
Mitac Computing Technology Corporation	The Company’s chairperson is the related party’s director
Getac Holdings Corporation and its Subsidiaries	The Company’s chairperson is the related party’s director
Lien Hwa Industrial Holdings Corporation	The Company’s chairperson is the related party’s chairperson
UPC Technology Corporation	The Company’s chairperson is the related party’s chairperson
Harbinger III Venture Capital	The Company’s chairperson is the related party’s director
Mitac Communication Co., Ltd.	The related party’s director is the second-degree relative of the Company’s chairperson
Tong Da Investment Corporation	The Company’s director is the related party’s chairperson
Lien Yuan Investment Corp.	The Company’s director is the related party’s chairperson
Jetwell Computer Co., Ltd.	The Company’s subsidiary is the related party’s director

Names of related parties	Relationship with the Group
Zong Yi Information Co., Ltd.	Wholly-owned subsidiary of Jetwell Computer Co., Ltd.
Inforcom Technology Inc.	The Company’s subsidiary is the related party’s director
Din Yen Technology Inc.	Wholly-owned subsidiary of Inforcom Technology Inc.
Udar Digital Inc.	Wholly-owned subsidiary of Inforcom Technology Inc.
Digitimes Inc.	The Company is the related party’s director
Lien Hwa Milling Corporation	The Company’s chairperson is the related party’s director
PT. Mitra Integrasi Informatika (MII)	Subsidiary’s other related party
PT. Metrodata Electronics, Tbk (MTDL)	SMI’s director
PT. Soltius Indonesia (SI)	Subsidiary’s other related party
Packet System Indonesia (PSI)	Subsidiary’s other related party
PT. Sinergi Transformasi Digital (STD)	Subsidiary’s other related party
PT. Cacafly Metrodata Indonesia (CMI)	Subsidiary’s other related party
PT. Aneka Teknologi Utama (ATU)	Subsidiary’s other related party
PT. FPT Metrodata Indonedia (FMI)	Subsidiary’s other related party
All directors, general managers and key management personnel, etc.	The Group’s key management and governance body

(2) Significant related party transactions and balances

A. Operating revenue

	Three months ended March 31,
	2026	2025
Sales of goods:
—Associates	$ 64,848	$ 32,896
—Other related parties	1,153,949	989,252
	$ 1,218,797	$ 1,022,148

Goods are sold based on the price lists in force and terms that would be available to third parties. The Group's collection term for related parties is within credit term of advance sales receipts or 30 to 120 days of the date of billing statement. The collection terms for third parties are within credit term of advance sales receipts, 1 to 180 days after the receipt of shipment and 5 days to 150 days after monthly billings.

B. Receivables from related parties

	March 31, 2026	December 31, 2025	March 31, 2025
Accounts receivable:
—Associates	$ 52,482	$ 7,920	$ 31,262
—Other related parties	1,040,284	826,426	517,740
	$ 1,092,766	$ 834,346	$ 549,002

The receivables from related parties arise mainly from sales of goods.

~52~

C. Purchases of goods

	Three months ended March 31,
	2026	2025
Purchases of goods:
—Associates	$ -	$ 11
—Other related parties	22,886	34,547
	$ 22,886	$ 34,558

Goods are purchased from associates on normal commercial terms and conditions. The Group’s payment term for related parties is within 30~60 days of the date of billing statement. The payment term for third parties is within 25~75 days of the date of billing.

D. Payables to related parties

	March 31, 2026	December 31, 2025	March 31, 2025
Accounts payable:
—Associates	$ 11	$ 11	$ 11
—Other related parties	24,767	13,505	34,181
	$ 24,778	$ 13,516	$ 34,192

The payables to related parties arise mainly from purchase transactions.

E. Dividend income

(a) Investments accounted for under the equity method

The details of the dividend income received by the Group due to its investment in related parties (the table shows investment deductions for equity method investments) are as follows:

	Three months ended March 31,
	2026	2025
Synnex FPT	$ 203,520	$ 217,968

(b) Other receivables

As of March 31, 2026, December 31, 2025 and March 31, 2025, the other receivables from the aforementioned transactions are $203,520, $0, and $217,968, respectively.

F. Other transactions

The amount of other payables and other income arising from transactions between the Group and related party transactions are immaterial; therefore, detailed disclosure is not provided.

(3) Key management compensation

	Three months ended March 31,
	2026	2025
Short-term employee benefits	$ 30,917	$ 33,245
Post-employment benefits (Note)	1,335	1,484
Total	$ 32,252	$ 34,729

Note: Benefits are provisions that are not actually distributed.

~53~

8. PLEDGED ASSETS

The Group’s assets pledged as collateral are as follows:

Pledged asset	Book value			Purpose
	March 31, 2026	December 31, 2025	March 31, 2025
Non-current financial assets at amortized cost:
Pledged time deposits	$ 785,605	$ 785,533	$ 787,129	Guarantees for purchases
Property, plant and equipment	678,767	650,102	650,432	Pledged for short-term borrowings
	$ 1,464,372	$ 1,435,635	$ 1,437,561

9. SIGNIFICANT CONTINGENT LIABILITIES AND UNRECOGNISED CONTRACT COMMITMENTS

(1) Contingencies

On November 13, 2017, Unisplendour Digital (Suzhou) Group Co. Ltd. (Unisplendour Digital) filed a sales dispute against Synnex Distributions (China) Ltd. in Suzhou Xiangcheng People’s Court in the People’s Republic of China. In the complaint, Unisplendour Digital claimed the goods it received were not the subject matter of the contract and requested for a refund of the payment. On January 22, 2018, the Court dismissed the complaint on the ground that the law enforcement has initiated an investigation. In August 2020, Unisplendour Digital refiled the complaint to claim for compensation of RMB 28,926 thousand, RMB 17,401 thousand and RMB 5,593 thousand and a default fine for breach of contract on the ground that the law enforcement has cancelled the investigation. The Company lost the abovementioned case based on the judgement of final instance by the Suzhou Xiangcheng People’s Court in the People’s Republic of China. Therefore, the Group has fully paid the related compensations and default fine in May 2022 and filed a motion for retrial in August 2022. The petition for retrial was dismissed in December 2025. The case has been closed.

(2) Commitments

A. As of March 31, 2026, December 31, 2025 and March 31, 2025, the individual financing endorsement guarantee limits within the Group were $68,447,047, $66,117,381 and $79,315,439, and the amounts used were $17,557,865, $12,538,009 and $10,428,526, respectively.

B. As of March 31, 2026, December 31, 2025 and March 31, 2025, the Group issued promissory notes to guarantee the suppliers’ credit limit amounting to $4,261,985, $4,561,614 and $3,038,303, respectively, for inventory purchases.

C. As of March 31, 2026, December 31, 2025 and March 31, 2025, the promissory notes issued by the Group as required under its accounts receivable guarantee contracts were US$55,000, US$155,000 and US$155,500 thousand, respectively.

D. Capital expenditure contracted for at the balance sheet date but not yet incurred is as follows:

	March 31, 2026	December 31, 2025	March 31, 2025
Property, plant and equipment	$ -	$ -	$ 129,491

March 31, 2025: It refers to the contract commitments of the Group to acquire the logistics center

in Melbourne.

10. SIGNIFICANT DISASTER LOSS

None.

11. SIGNIFICANT EVENTS AFTER THE BALANCE SHEET DATE

None.

12. OTHERS

(1) Capital management

The Group’s objectives when managing capital are to safeguard the Group’s ability to continue as a going concern in order to provide returns for shareholders and to maintain an optimal capital structure to reduce the cost of capital. In order to maintain or adjust the capital structure, the Group may adjust the amount of dividends paid to shareholders, return capital to shareholders, issue new shares, or sell assets to reduce debt. The Group monitors capital on the basis of the net borrowing ratio. This ratio is calculated as net borrowings divided by shareholders’ equity. Net borrowings are calculated as all amounts of short-term borrowings, short-term notes and bills payable, and long-term borrowings less all amounts of cash and cash equivalents, financial products at fair value through profit or loss, and time deposits maturing over three months as shown in the consolidated balance sheet. Shareholders’ equity is calculated as total equity as shown in the consolidated balance sheet.

The net borrowing ratios as of March 31, 2026, December 31, 2025 and March 31, 2025 were 70%, 51% and 53%, respectively.

(2) Financial instruments

A. Financial instruments by category

Please refer to the consolidated balance sheets and related information in Note 6 for the Group’s financial assets (cash and cash equivalents, current financial assets at fair value through profit or loss, current financial assets at fair value through other comprehensive income, current financial assets at amortized cost, notes receivable, accounts receivable (including related parties), other receivables, non-current financial assets at fair value through other comprehensive income, non-current financial assets at amortized cost, other non-current assets-refundable deposits, other non-current assets-long-term notes and overdue receivables and other non-current assets-long-term lease receivables) and financial liabilities (short-term borrowings, short-term notes and bills payable, current financial liabilities at fair value through profit or loss, notes payable, accounts payable, other payables, other current liabilities-refund liability, long-term borrowings (including current portion), lease liabilities (current and non-current)).

	March 31, 2026	December 31, 2025	March 31, 2025
Financial instruments
Other non-current liabilities
-guarantee deposits received	$ 182,354	$ 132,341	$ 141,981

B. Financial risk management policies

(a) The Group’s activities expose it to a variety of financial risks: market risk (including foreign exchange risk, interest rate risk and price risk), credit risk and liquidity risk.

(b) Risk management is carried out by a central treasury department (Group treasury) under policies approved by the Board of Directors. Group treasury identifies, evaluates, and hedges financial risks in close co-operation with the Group’s operating units. The Board provides written principles for overall risk management, as well as written policies covering specific areas and matters, such as foreign exchange risk, interest rate risk, credit risk, use of derivative and non-derivative financial instruments, and investment of excess liquidity.

C. Significant financial risks and degrees of financial risks

(a) Market risk

Foreign exchange risk

i. The Group operates internationally and is exposed to foreign exchange risk arising from the transactions of the Company and its subsidiaries used in various functional currency, primarily with respect to the USD and RMB. Foreign exchange risk arises from future commercial transactions and recognized assets and liabilities.

ii. Management has set up a policy to require group companies to manage their foreign exchange risk against their functional currency. The companies are required to hedge their entire foreign exchange risk exposure with the Group treasury.

iii. The Group hedges foreign exchange risk by using foreign exchange forward contracts. However, these contracts are not accounted for under hedge accounting. The contracts are recorded as financial assets or liabilities at fair value through profit or loss. Please refer to Note 6(2).

iv. The Group’s businesses involve some non-functional currency operations (the Company’s and certain subsidiaries’ functional currency: NTD; other certain subsidiaries’ functional currency: RMB, USD and AUD). The information on assets and liabilities denominated in foreign currencies whose values would be materially affected by the exchange rate fluctuations is as follows:

~55~

March 31, 2026

	Foreign currency amount (in thousands)	Exchange rate	Book value (NTD)
(Foreign currency: functional currency)
Financial assets
Monetary items
USD:NTD	428,363	32.00	$ 13,707,616
USD:HKD	81,634	7.84	2,610,471
USD:AUD	17,232	1.46	551,338
NZD:USD	16,676	0.57	304,170
USD:IDR	16,542	16,949.15	529,344
HKD:RMB	382,981	0.88	1,563,817
RMB:NTD	394,239	4.63	1,826,190
Non-monetary items
INR:NTD	23,575,194	0.340400	$ 8,024,996
THB:NTD	1,989,008	0.978200	1,945,648
VND:USD	1,216,896,331	0.000038	1,479,515
Financial liabilities
Monetary items
USD:NTD	705,547	32.00	$ 22,577,504
USD:HKD	31,998	7.84	1,023,224
USD:AUD	19,564	1.46	625,950
USD:RMB	7,022	6.91	224,669
USD:IDR	15,648	16,949.15	500,736
RMB:HKD	116,019	1.13	537,156
RMB:IDR	78,404	2,453.87	365,548

	December 31, 2025
	Foreign currency amount (in thousands)	Exchange rate	Book value (NTD)
(Foreign currency: functional currency)
Financial assets
Monetary items
USD:NTD	558,938	31.43	$17,567,421
USD:HKD	144,618	7.78	4,544,421
USD:AUD	9,025	1.50	283,656
NZD:USD	11,378	0.58	207,414
RMB:HKD	136,603	1.11	613,767
USD:IDR	17,340	16,666.67	544,996
HKD:RMB	533,972	0.90	2,156,667
AUD:USD	4,946	0.67	104,153
RMB:NTD	33,051	4.49	148,537
Non-monetary items
INR:NTD	22,422,419	0.349800	$7,942,629
THB:NTD	1,909,483	1.001900	1,911,764
VND:USD	1,318,164,673	0.000038	1,574,337
Financial liabilities
Monetary items
USD:NTD	549,807	31.43	$17,280,434
USD:HKD	116,743	7.78	3,668,489
USD:AUD	10,025	1.50	315,086
USD:RMB	7,719	6.99	242,608
USD:IDR	25,976	16,666.67	816,426
RMB:HKD	152,869	1.11	868,853

March 31, 2025

	Foreign currency amount (in thousands)	Exchange rate	Book value (NTD)
(Foreign currency: functional currency)
Financial assets
Monetary items
USD:NTD	417,757	31.70	$ 13,242,897
USD:HKD	102,453	7.77	6,734,055
USD:AUD	19,673	1.44	350,063
NZD:USD	16,695	0.64	328,544
RMB:HKD	61,515	1.11	973,901
USD:IDR	19,746	15,151.52	555,321
HKD:RMB	607,327	0.90	2,148,587
AUD:USD	7,753	0.63	162,455
Non-monetary items
INR:NTD	20,273,600	0.389400	$ 7,894,540
THB:NTD	1,850,886	1.006900	1,863,657
VND:USD	1,112,219,425	0.000039	1,442,487
Financial liabilities
Monetary items
USD:NTD	512,569	33.26	$ 17,048,045
USD:HKD	132,505	7.78	4,406,939
USD:AUD	23,260	1.60	773,511
USD:IDR	19,230	16,666.67	639,590
RMB:HKD	67,510	1.07	308,707

v. For the total exchange gain (loss), including realized and unrealized, arising from significant foreign exchange variation on the monetary items held by the Group for the three months ended March 31, 2026 and 2025, please refer to Note 6(30).

vi. Analysis of foreign currency market risk arising from significant foreign exchange variation:

	Three months ended March 31, 2026
	Sensitivity analysis
	Degree of variation	Effect on profit or loss	Effect on other comprehensive income
(Foreign currency: functional currency)
Financial assets
Monetary items
USD:NTD	1%	$ 137,076	$ -
USD:HKD	1%	26,105	-
USD:AUD	1%	5,513	-
NZD:USD	1%	3,042	-
USD:IDR	1%	5,293	-
HKD:RMB	1%	15,638	-
RMB:NTD	1%	18,262
Monetary items
USD:NTD	1%	($ 225,775)	$ -
USD:HKD	1%	( 10,232)	-
USD:AUD	1%	( 6,260)	-
USD:RMB	1%	( 2,247)	-
USD:IDR	1%	( 5,007)	-
RMB:HKD	1%	( 5,372)	-
RMB:IDR	1%	( 3,655)	-

Three months ended March 31, 2025

	Sensitivity analysis
	Degree of variation	Effect on profit or loss	Effect on other comprehensive income
(Foreign currency: functional currency)
Financial assets
Monetary items
USD:NTD	1%	$ 175,674	$ -
USD:HKD	1%	67,341	-
USD:AUD	1%	3,501	-
NZD:USD	1%	3,285
RMB:HKD	1%	9,739	-
USD:IDR	1%	5,553	-
HKD:RMB	1%	21,486	-
AUD:USD	1%	1,625	-
Financial liabilities
Monetary items
USD:NTD	1%	($ 170,480)	$ -
USD:HKD	1%	( 44,069)	-
USD:AUD	1%	( 7,735)	-
USD:IDR	1%	( 6,396)	-
RMB:HKD	1%	( 3,087)	-

Price risk

i. The Group's equity instruments, which are exposed to price risk, are the held financial assets at fair value through profit or loss and financial assets at fair value through other comprehensive income. To manage the price risk arising from investments in equity instruments, the Group diversifies its portfolio in accordance with the limits set by the Group.

ii. The Group primarily invests in equity instruments issued by domestic and foreign companies. The prices of equity instruments would be affected by the uncertainty of the future value of underlying investments. If the prices of these equity instruments had increased/decreased by 1% with all other variables held constant, post-tax profit for the three months ended March 31, 2026 and 2025 would have increased/decreased by $104,811 and $96,198, respectively, as a result of gains/losses on equity instruments at fair value through profit or loss. Other components of equity would have increased/decreased by $179,679 and $258,974, respectively, as a result of gains/losses from equity instruments at fair value through other comprehensive income.

Cash flow and fair value interest rate risk

i. The Group’s interest rate risk arises mainly from short-term borrowings with variable rates, which expose the Group to cash flow interest rate risk. During the three months ended March 31, 2026 and 2025, the Group’s borrowings at variable rate were mainly denominated in NTD, USD, and AUD.

ii. The Group’s borrowings are measured at amortized cost. The borrowings are periodically contractually repriced and to that extent are also exposed to the risk of future changes in market interest rates.

iii. If the borrowing interest rates had increased/decreased by 0.25% with all other variables held constant, interest expense for the three months ended March 31, 2026 and 2025 would have decreased/increased by $50,735 and $49,622, respectively. The main factor is the changes in interest expense resulting from floating-rate borrowings.

(b) Credit risk

i. Credit risk refers to the risk of financial loss to the Group arising from default by the clients or counterparties of financial instruments on the contract obligations. The main factor is that counterparties could not repay in full the notes receivable, accounts receivable (including related parties and lease receivables (expiring within one year)) and overdue receivables based on the agreed terms.

ii. The Group manages their credit risk taking into consideration the entire group’s concern. According to the Group’s credit policy, the Group is responsible for managing and analyzing the credit risk for each of their new clients before standard payment and delivery terms and conditions are offered. Internal risk control assesses the credit quality of the customers, taking into account their financial position, past experience and other factors. Individual risk limits are set based on internal or external ratings. The utilization of credit limits is regularly monitored.

iii. If the contract payments were past due over 30 days based on the terms, there has been a significant increase in credit risk on that instrument since initial recognition after taking into consideration the historical experiences.

iv. In accordance with historical collections and customers’ credit rating levels, the default occurs when the contract payments are past due over certain periods classified based on the credit rating of customers.

v. The Group classifies customers’ accounts receivable and lease receivables in accordance with credit rating of customer. The Group applies the modified approach using loss rate method to estimate expected credit loss.

vi. The Group will continue executing the recourse procedures to secure their rights on those defaulted financial assets. The Group wrote-off the financial assets, which cannot be reasonably expected to be recovered, after initiating recourse procedures. However, the Group will continue executing the recourse procedures to secure their rights.

~61~

vii. The Group used the forward-looking considerations to adjust historical and timely information to assess the default possibility of notes receivable, accounts receivable (including related parties and lease receivables (expiring within one year)) and overdue receivables. The assessment is as follows:

	Group provision	Individual provision				Total
		Group A	Group B	Group C	Group D
At March 31, 2026
Expected loss rate	0.2%-0.4%	15%	50%	75%	100%
Total book value	$85,761,365	$1,426,376	$209,151	$773,704	$3,441,395	$91,611,991
Loss allowance	($ 322,668)	($ 213,957)	($ 104,575)	($ 580,280)	($ 3,441,395)	($ 4,662,875)
	Group provision	Individual provision				Total
		Group A	Group B	Group C	Group D
At December 31, 2025
Expected loss rate	0.2%-0.45%	15%	50%	75%	100%
Total book value	$76,978,019	$1,371,069	$275,620	$788,795	$3,186,981	$82,600,484
Loss allowance	($ 271,515)	($ 205,662)	($ 137,810)	($ 591,597)	($ 3,186,981)	($ 4,393,565)
	Group provision	Individual provision				Total
		Group A	Group B	Group C	Group D
At March 31, 2025
Expected loss rate	0.2%-0.45%	15%	50%	75%	100%
Total book value	$70,984,016	$1,698,043	$339,550	$611,630	$2,099,255	$75,732,494
Loss allowance	($ 270,056)	($ 254,706)	($ 169,775)	($ 458,723)	($ 2,099,255)	($ 3,252,515)

viii. Movements in relation to the Group applying the modified approach to provide loss allowance for notes receivable, accounts receivable (including related parties and lease receivables (expiring within one year)) and overdue receivables are as follows:

	2026
	Notes receivable	Accounts receivable	Overdue receivables	Total
At January 1	$ 25,929	$ 245,586	$ 4,122,050	$ 4,393,565
Provision for (reversal of) impairment loss	( 5,849)	75,850	115,342	185,343
Write-offs	-	( 25,368)	( 11,717)	( 37,085)
Effect of exchange rate changes	695	5,825	114,532	121,052
At March 31	$ 20,775	$ 301,893	$ 4,340,207	$ 4,662,875
	2025
	Notes receivable	Accounts receivable	Overdue receivables	Total
At January 1	$ 22,114	$ 262,932	$ 2,720,564	$ 3,005,610
Provision for (reversal of) impairment loss	3,099	( 12,194)	206,838	197,743
Write-offs	-	-	( 5)	( 5)
Effect of exchange rate changes	445	( 6,340)	55,062	49,167
At March 31	$ 25,658	$ 244,398	$ 2,982,459	$ 3,252,515

i. Cash flow forecasting is performed in the operating entities of the Group and aggregated by Group treasury. Group treasury monitors rolling forecasts of the Group's liquidity requirements to ensure it has sufficient cash to meet operational needs.

ii. Surplus cash held by the operating entities over and above balance required for working capital management is transferred to the Group treasury. Group treasury invests surplus cash in interest-bearing demand deposits, time deposits, money market deposits, and marketable securities, choosing instruments with appropriate maturities or sufficient liquidity to provide sufficient headroom as determined by the above-mentioned forecasts.

iii. The Group's derivative and non-derivative financial liabilities are classified into relevant maturity groups based on the remaining period from the balance sheet date to the contractual maturity date. Except for those maturing within a year whose contractual undiscounted cash flows approximate the amounts presented in the balance sheet, the remaining contractual undiscounted cash flows of non-derivative financial liabilities are disclosed in the table below:

Non-derivative financial liabilities

March 31, 2026	Less than 1 year	Over 1 year	Total
Lease liabilities (current/non-current)	$ 140,290	$ 231,338	$ 371,628
Guarantee deposits received	-	182,354	182,354
Long-term borrowings (including current portion)	50,782	2,582,922	2,633,704
December 31, 2025	Less than 1 year	Over 1 year	Total
Lease liabilities (current/non-current)	$ 132,632	$ 258,679	$ 391,311
Guarantee deposits received	-	132,341	132,341
Long-term borrowings (including current portion)	179,449	9,426,469	9,605,918
March 31, 2025	Less than 1 year	Over 1 year	Total
Lease liabilities (current/non-current)	$ 66,363	$ 247,955	$ 314,318
Guarantee deposits received	-	141,981	141,981
Long-term borrowings (including current portion)	239,618	12,312,214	12,551,832

(3) Fair value information

A. The different levels in which the inputs to valuation techniques are used to measure fair value of financial and non-financial instruments have been defined as follows:

Level 1: Quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date. A market is regarded as active where transactions for the asset or liability take place with sufficient frequency and volume to provide pricing information on an ongoing basis. The fair value of the Group's investment in listed stocks is included in Level 1.

Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. The fair value of the Group's investment in unlisted stocks and derivative instruments is included in Level 2.

Level 3: Unobservable inputs for the asset or liability. The fair value of the Group's investment in equity instruments and private equity fund investment without active market is included in Level 3.

B. Fair value information of investment property at cost is provided in Note 6(14).

C. Financial instruments not measured at fair value

The carrying amounts of the Group's financial instruments not measured at fair value (including cash and cash equivalents, notes receivable, accounts receivable (including related parties), other receivables, current financial assets at amortized cost, non-current financial assets at amortized cost, other non-current assets-refundable deposits, other non-current assets-long-term notes and overdue receivables, other non-current assets-long-term lease receivables, short-term borrowings, short-term notes and bills payable, notes payable, accounts payable, other payables, other current liabilities-refund liability, long-term borrowings(including current portion), and other non-current liabilities-guarantee deposits received) are approximate to their fair values.

D. The related information of financial and non-financial instruments measured at fair value by level on the basis of the nature, characteristics and risks of the assets and liabilities is as follows:

(a) The related information of natures of the assets and liabilities is as follows:

March 31, 2026	Level 1	Level 2	Level 3	Total
Assets:
Recurring fair value measurements
Current financial assets at fair value through profit or loss
Equity securities	$ 539,275	$ -	$ -	$ 539,275
Financial products	-	9,912,889	-	9,912,889
Forward exchange contracts	-	672	-	672
Non-current financial assets at fair value through profit or loss
Equity securities	-	-	28,251	28,251
Current financial assets at fair value through other comprehensive income
Equity securities	9,481,373	-	-	9,481,373
Non-current financial assets at fair value through other comprehensive income
Equity securities	1,601,266	137,735	6,747,573	8,486,574
	$11,621,914	$10,051,296	$6,775,824	$28,449,034

December 31, 2025	Level 1	Level 2	Level 3	Total
Assets:
Recurring fair value measurements
Current financial assets at fair value through profit or loss
Equity securities	$270,719	$-	$-	$270,719
Financial products	-	8,240,582	-	8,240,582
Non-current financial assets at fair value through profit or loss
Equity securities	-	-	27,409	27,409
Current financial assets at fair value through other comprehensive income
Equity securities	12,626,472	-	-	12,626,472
Non-current financial assets at fair value through other comprehensive income
Equity securities	1,451,505	162,509	6,196,254	7,810,268
	$14,348,696	$8,403,091	$6,223,663	$28,975,450
Liabilities:
Recurring fair value measurements
Financial liabilities at fair value through profit or loss
Forward exchange contracts	$-	$1,628	$-	$1,628
March 31, 2025	Level 1	Level 2	Level 3	Total
Assets:
Recurring fair value measurements
Current financial assets at fair value through profit or loss
Equity securities	$190,976	$-	$-	$190,976
Financial products	-	9,398,831	-	9,398,831
Forward exchange contracts	-	1,847	-	1,847
Non-current financial assets at fair value through profit or loss
Private equity fund	-	-	28,116	28,116
Current financial assets at fair value through other comprehensive income
Equity securities	18,570,787	-	-	18,570,787
Non-current financial assets at fair value through other comprehensive income
Equity securities	1,290,480	135,214	5,898,243	7,323,937
	$20,052,243	$9,535,892	$5,926,359	$35,514,494

(b) The methods and assumptions the Group used to measure fair value are as follows:

i. For the instruments the Group used market quoted prices as their fair values (that is, Level 1), listed shares are measured at closing price at the balance sheet date.

ii. Except for financial instruments with active markets, the fair value of other financial instruments is measured by using valuation techniques or by reference to counterparty quotes. The fair value of financial instruments measured by using valuation techniques can be referred to current fair value of instruments with similar terms and characteristics in substance, discounted cash flow method, or other valuation methods, including calculation by applying model using market information available at the consolidated balance sheet date.

iii. When assessing non-standard and low-complexity financial instruments, the Group adopts valuation technique that is widely used by market participants. The inputs used in the valuation method to measure these financial instruments are normally observable in the market.

iv. The output of valuation model is an estimated value and the valuation technique may not be able to capture all relevant factors of the Group's financial and non-financial instruments. Therefore, the estimated value derived using valuation model is adjusted accordingly with additional inputs, such as model risk or liquidity risk and etc. In accordance with the Group's management policies and relevant control procedures relating to the valuation models used for fair value measurement, management believes adjustment to valuation is necessary in order to reasonably represent the fair value of financial and non-financial instruments in the consolidated balance sheet. The inputs and pricing information used during valuation are carefully assessed and adjusted based on current market conditions.

v. Forward exchange contracts are usually valued based on the current forward exchange rate.

vi. The Group takes into account adjustments for credit risks to measure the fair value of financial and non-financial instruments to reflect credit risk of the counterparty and the Group's credit quality.

E. For the three months ended March 31, 2026 and 2025, there was no transfer between Level 1 and Level 2.

~66~

F. The following chart is the movement of Level 3 for the three months ended March 31, 2026 and 2025:

	2026	2025
	Non-derivative equity instrument	Non-derivative equity instrument
At January 1	$ 6,223,663	$ 6,216,493
Gains and losses recognised in other comprehensive income
Recorded as unrealised gains (losses) on valuation of investments in equity instruments measured at fair value through other comprehensive income	550,833	(291,220)
Effect of exchange rate changes	1,328	1,086
At March 31	$ 6,775,824	$ 5,926,359

G. Financial quality management segment is in charge of valuation procedures for fair value measurements being categorised within Level 3, which is to verify independent fair value of financial instruments. Such assessment is to ensure the valuation results are reasonable by applying independent information to make results close to current market conditions, confirming the resource of information is independent, reliable, in line with other resources, and represented as the exercisable price, frequently calibrating valuation model, performing back-testing, updating inputs used to the valuation model, and making any other necessary adjustments to the fair value.

H. The following is the quantitative information of significant unobservable inputs of changes in significant unobservable inputs to valuation model used in Level 3 fair value measurement:

	Fair value at March 31, 2026	Valuation technique	Significant unobservable input	Range (weighted average)	Relationship of inputs to fair value
Non-derivative equity instrument:
Unlisted shares	$ 176,845	Market comparable companies	Discount for lack of marketability	0.7	The higher the discount for lack of marketability, the lower the fair value
Unlisted shares	6,598,979	Net asset value	Not applicable	-	Not applicable
Total	$ 6,775,824
	Fair value at December 31, 2025	Valuation technique	Significant unobservable input	Range (weighted average)	Relationship of inputs to fair value
Non-derivative equity instrument:
Unlisted shares	$ 208,615	Market comparable companies	Discount for lack of marketability	0.7	The higher the discount for lack of marketability, the lower the fair value
Unlisted shares	6,015,049	Net asset value	Not applicable	-	Not applicable
Total	$ 6,223,664

I. The Group has carefully assessed the valuation models and assumptions used to measure fair value. However, using different valuation models or assumptions may result in different measurement. The following is the effect of profit or loss or of other comprehensive income from financial assets and liabilities categorized within Level 3 if the inputs to valuation models have changed:

	Fair value at March 31, 2025	Valuation technique	Significant unobservable input	Range (weighted average)	Relationship of inputs to fair value
Non-derivative equity instrument:
Unlisted shares	$ 155,417	Market comparable companies	Discount for lack of marketability	0.7	The higher the discount for lack of marketability, the lower the fair value
Unlisted shares	5,770,942	Net asset value	Not applicable	-	Not applicable
Total	$ 5,926,359
	March 31, 2026
---	---	---	---	---	---
	Input	Change	Recognised in profit or loss		Recognised in other comprehensive income
			Favourable change	Unfavourable change	Favourable change
Financial assets
Equity instrument	Discount for lack of marketability	± 10%	$ -	$ -	$ 17,685
Equity instrument	Net asset value	± 1%	$ 283	($ 283)	$ 65,707
			December 31, 2025
			Recognised in profit or loss		Recognised in other comprehensive income
	Input	Change	Favourable change	Unfavourable change	Favourable change
Financial assets
Equity instrument	Discount for lack of marketability	± 10%	$ -	$ -	$ 20,862
Equity instrument	Net asset value	± 1%	$ 274	($ 274)	$ 59,876
			March 31, 2025
			Recognised in profit or loss		Recognised in other comprehensive income
	Input	Change	Favourable change	Unfavourable change	Favourable change
Financial assets
Equity instrument	Discount for lack of marketability	± 10%	$ -	$ -	$ 15,542
Equity instrument	Net asset value	± 1%	$ 281	($ 281)	$ 57,428

~69~

13. SUPPLEMENTARY DISCLOSURES

(1) Significant transactions information

A. Loans to others: Please refer to table 1.
B. Provision of endorsements and guarantees to others: Please refer to table 2.
C. Holding of significant marketable securities at the end of the period (not including subsidiaries, associates, and joint ventures): Please refer to table 3.
D. Purchases or sales of goods from or to related parties reaching $100 million or 20% of paid-in capital or more: Please refer to table 4.
E. Receivables from related parties reaching $100 million or 20% of paid-in capital or more: Please refer to table 5.
F. Significant inter-company transactions during the reporting periods: Please refer to table 6.

(2) Information on investees

Names, locations, and other information of investee companies (not including investees in Mainland China): Please refer to table 7.

(3) Information on investments in Mainland China

A. Basic information: Please refer to table 8.
B. Significant transactions, either directly or indirectly through a third area, with investee companies in the Mainland Area: Please refer to table 6.

14. SEGMENT INFORMATION

(1) General information

The Group operates in the distribution industry and is primarily engaged in the sale of 3C and semiconductor products. Given the characteristics of the industry the Group operates in, the Board of Directors and management team set up operating strategies and allocate resources based on the operating performance of IT/Telecom business and semiconductor business.

(2) Measurement of segment information

The Chief Operating Decision-Maker of the Group evaluates the performance of the operating segments based on the operating profit (loss). This measurement basis includes operating revenue achievement percentage, gross profit achievement percentage, operating income achievement percentage, etc. The Chief Operating Decision-Maker reviews the conditions of overspending or underspending monthly, so as to assess the rationality of resources depletion.

(3) Segment information

The segment information provided to the Chief Operating Decision-Maker for the reportable segments is as follows:

Three months ended March 31, 2026

	IT/Telecom business	Semiconductor business	Reconciliation	Total
Revenue from external customers	$ 77,727,241	$ 48,630,407	$ -	$ 126,357,648
Inter-segment revenue	2,527,069	4,818,537	( 7,345,606)	-
Segment revenue	$ 80,254,310	$ 53,448,944	($ 7,345,606)	$ 126,357,648
Segment profit	$ 1,916,648	$ 1,456,608	$ -	$ 3,373,256

Three months ended March 31, 2025

	IT/Telecom business	Semiconductor business	Reconciliation	Total
Revenue from external customers	$ 57,279,755	$ 34,118,021	$ -	$ 91,397,776
Inter-segment revenue	1,475,142	2,721,888	( 4,197,030)	-
Segment revenue	$ 58,754,897	$ 36,839,909	($ 4,197,030)	$ 91,397,776
Segment profit	$ 1,366,676	$ 517,296	$ -	$ 1,883,972

(4) Reconciliation for segment income (loss)

A. Sales between segments is carried out at arm's length. The revenue from external customers reported to the Chief Operating Decision-Maker is measured in a manner consistent with that in the statement of comprehensive income. A reconciliation of reportable segment (loss) income and the income/(loss) before tax from continuing operations is provided as follows:

	Three months ended March 31,
	2026	2025
Reportable segment profit	$ 3,373,256	$ 1,883,972
Total non-operating income and expenses	502,657	538,388
Income before tax	$ 3,875,913	$ 2,422,360

B. The amounts provided to the Chief Operating Decision-Maker with respect to total assets are measured in a manner consistent with those in the balance sheet, and the Group's reportable segment assets equal to total assets, and thus the reconciliation is not required.

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

Loans to others

Three months ended March 31, 2026

Expressed in thousands of NTD

(Except as otherwise indicated)

Table 1

No.	Creditor	Borrower	General ledger account	Is a related party	Maximum outstanding balance during the three months ended March 31, 2026 (Note 9)	Balance at March 31, 2026	Actual amount drawn down	Interest rate	Nature of loan	Amount of transactions with the borrower	Reason for short-term financing	Allowance for doubtful accounts	Collateral Item	Value	Limit on loans granted to a single party	Ceiling on total loans granted	Footnote
0	Synnex Technology International Corporation	Super Technology Corporation	Other receivables	Y	$ 1,000,000	$ 1,000,000	$ -	-	(Note 1)	$ -	Operating turnover	$ -	-	$ -	$ 31,438,751	$ 31,438,751	(Note 2)
0	Synnex Technology International Corporation	Bestcom Infotech Corp.	Other receivables	Y	10,000,000	10,000,000	6,645,358	1.91–1.92%	(Note 1)	-	Operating turnover	-	-	-	31,438,751	31,438,751	(Note 2)
0	Synnex Technology International Corporation	E-Fan Investments CO., LTD.	Other receivables	Y	500,000	500,000	-	-	(Note 1)	-	Operating turnover	-	-	-	31,438,751	31,438,751	(Note 2)
0	Synnex Technology International Corporation	Synnex Global Ltd.	Other receivables	Y	3,199,500	3,199,500	-	-	(Note 1)	-	Operating turnover	-	-	-	31,438,751	31,438,751	(Note 2)
1	Synnex Global Ltd.	Synnex Technology International Corporation	Other receivables	Y	9,598,500	9,598,500	2,741,972	-	(Note 1)	-	Operating turnover	-	-	-	80,719,234	115,313,191	(Note 3)
1	Synnex Global Ltd.	Synnex A/S Ltd.	Other receivables	Y	28,795,500	28,795,500	25,169,027	-	(Note 1)	-	Operating turnover	-	-	-	80,719,234	115,313,191	(Note 3)
1	Synnex Global Ltd.	Levetech Ltd.	Other receivables	Y	1,599,750	1,599,750	874,487	-	(Note 1)	-	Operating turnover	-	-	-	80,719,234	115,313,191	(Note 3)
1	Synnex Global Ltd.	Synnex Technology International (HK) Ltd.	Other receivables	Y	6,399,000	6,399,000	-	-	(Note 1)	-	Operating turnover	-	-	-	80,719,234	115,313,191	(Note 3)
1	Synnex Global Ltd.	Synnex Australia Pty. Ltd.	Other receivables	Y	2,223,000	2,196,000	-	-	(Note 1)	-	Operating turnover	-	-	-	80,719,234	115,313,191	(Note 3)
1	Synnex Global Ltd.	Synnex New Zealand Ltd.	Other receivables	Y	571,500	548,700	301,785	-	(Note 1)	-	Operating turnover	-	-	-	80,719,234	115,313,191	(Note 3)
1	Synnex Global Ltd.	Synnex China Holdings Ltd.	Other receivables	Y	3,231,495	3,231,495	3,155,359	-	(Note 1)	-	Operating turnover	-	-	-	80,719,234	115,313,191	(Note 3)
2	Synnex Investments (China) Ltd.	Synnex (Nanchang) Ltd.	Other receivables	Y	277,740	277,740	264,316	1.65%	(Note 1)	-	Operating turnover	-	-	-	18,430,236	18,430,236	(Note 4)
2	Synnex Investments (China) Ltd.	Synnex (Harbing) Ltd.	Other receivables	Y	291,627	291,627	256,910	1.65%	(Note 1)	-	Operating turnover	-	-	-	18,430,236	18,430,236	(Note 4)
2	Synnex Investments (China) Ltd.	Synnex(Changsha) Ltd.	Other receivables	Y	231,450	231,450	210,157	1.65%	(Note 1)	-	Operating turnover	-	-	-	18,430,236	18,430,236	(Note 4)
2	Synnex Investments (China) Ltd.	Synnex (Jinan) Ltd.	Other receivables	Y	194,418	194,418	162,478	1.65%	(Note 1)	-	Operating turnover	-	-	-	18,430,236	18,430,236	(Note 4)
2	Synnex Investments (China) Ltd.	Synnex (Beijing) Ltd.	Other receivables	Y	833,220	833,220	484,008	1.65%	(Note 1)	-	Operating turnover	-	-	-	18,430,236	18,430,236	(Note 4)
2	Synnex Investments (China) Ltd.	Synnex Distributions (China) Ltd.	Other receivables	Y	10,183,800	10,183,800	4,166,100	1.65%	(Note 1)	-	Operating turnover	-	-	-	18,430,236	18,430,236	(Note 4)
2	Synnex Investments (China) Ltd.	Synnex (Hefei) Ltd.	Other receivables	Y	159,701	159,701	78,693	1.65%	(Note 1)	-	Operating turnover	-	-	-	18,430,236	18,430,236	(Note 4)
2	Synnex Investments (China) Ltd.	Synnex (Tianjin) Ltd.	Other receivables	Y	41,661	41,661	32,403	1.65%	(Note 1)	-	Operating turnover	-	-	-	18,430,236	18,430,236	(Note 4)
2	Synnex Investments (China) Ltd.	Synnex (Xiamen) Ltd.	Other receivables	Y	43,976	43,976	-	0.00%	(Note 1)	-	Operating turnover	-	-	-	18,430,236	18,430,236	(Note 4)
2	Synnex Investments (China) Ltd.	Synnex (ZhenZhou) Ltd.	Other receivables	Y	37,032	37,032	18,516	1.65%	(Note 1)	-	Operating turnover	-	-	-	18,430,236	18,430,236	(Note 4)
2	Synnex Investments (China) Ltd.	Synnex (Shenyang) Ltd.	Other receivables	Y	23,145	23,145	16,109	1.65%	(Note 1)	-	Operating turnover	-	-	-	18,430,236	18,430,236	(Note 4)
	Synnex Investments (China) Ltd.	LanXiang Technology (Shenzhen) Ltd.	Other receivables	Y	925,800	925,800	-	0.00%	(Note 1)	-	Operating turnover	-	-	-	18,430,236	18,430,236	(Note 4)

Table 1, Page 1

No.	Creditor	Borrower	General ledger account	Is a related party	Maximum outstanding balance during the three months ended March 31, 2026 (Note 9)	Balance at March 31, 2026	Actual amount drawn down	Interest rate	Nature of loan	Amount of transactions with the borrower	Reason for short-term financing	Allowance for doubtful accounts	Collateral Item Value	Limit on loans granted to a single party	Ceiling on total loans granted	Footnote
3	Trade Vanguard Global Ltd.	Synnex Distributions (China) Ltd.	Other receivables	Y	$ 19,904,700	$ 19,904,700	$ 16,988,430	-	(Note 1)	$ -	Operating turnover	$ -	-	$ -	$ 46,126,119	$ 46,126,119
3	Trade Vanguard Global Ltd.	Synnex Technology International (HK) Ltd.	Other receivables	Y	4,629,000	4,629,000	558,173	-	(Note 1)	-	Operating turnover	-	-	-	46,126,119	46,126,119
3	Trade Vanguard Global Ltd.	Synnex Investments (China) Ltd.	Other receivables	Y	3,703,200	3,703,200	3,147,720	-	(Note 1)	-	Operating turnover	-	-	-	46,126,119	46,126,119
4	E-Fan Investments CO., LTD.	Synnex Technology International Corporation	Other receivables	Y	111,000	111,000	-	-	(Note 1)	-	Operating turnover	-	-	-	161,576	161,576
5	Golden Thinking Ltd.	Synnex Global Ltd.	Other receivables	Y	1,333,800	1,317,600	-	-	(Note 1)	-	Operating turnover	-	-	-	1,853,190	1,853,190

Note 1: Short-term financing.
Note 2: Limit on loans granted to a single party by Synnex Technology International Corporation and ceiling on total loans granted:
a) Limit on loans granted to a single party is $40\%$ of the net assets value per the latest audited or reviewed financial statements of Synnex Technology International Corporation.
b) Ceiling on total loans granted to all parties is $40\%$ of the net assets value per the latest audited or reviewed financial statements of Synnex Technology International Corporation.
Note 3: Limit on loans granted to a single party by Synnex Global Ltd. and ceiling on total loans granted:
a) Ceiling on loans granted to parties whose shares held by the Company over $80\%$ is $40\%$ of the net assets value per the latest audited or reviewed financial statements of the Company. Limit on loans granted to a single party is $40\%$ of the aforementioned net assets value.
b) Ceiling on loans granted to parties whose shares held by the Company under $80\%$ is $20\%$ of the net assets value per the latest audited or reviewed financial statements of the Company. Limit on loans granted to a single party is $5\%$ of the aforementioned net assets value.
c) Ceiling on loans granted to the Company's parent company and non-Taiwanese companies whose voting rights are directly and indirectly held by the Company's parent company is $100\%$ of the net assets value based on the latest audited or reviewed financial statements of the Company. Limit on loans granted to a single party is $70\%$ of the aforementioned net assets value.
d) Ceiling on loans granted to Taiwanese subsidiaries which were wholly-owned by the Company's parent company is $10\%$ of the net assets based on the latest audited or reviewed financial statements of the Company. Limit on loans granted to a single party is $10\%$ of the aforementioned net assets value.
Note 4: Limit on loans granted to a single party by Synnex Investments (China) Ltd. and ceiling on total loans granted:
a) Ceiling on loans granted to parties whose shares held by the Company over $80\%$ is $40\%$ of the net assets value per the latest audited or reviewed financial statements of the Company. Limit on loans granted to a single party is $40\%$ of the aforementioned net assets value.
b) Ceiling on loans granted to parties whose shares held by the Company under $80\%$ is $20\%$ of the net assets value per the latest audited or reviewed financial statements of the Company. Limit on loans granted to a single party is $5\%$ of the aforementioned net assets value.
c) Ceiling on loans granted to parties whose voting rights are directly or indirectly held by the Company and which are located outside Taiwan is $100\%$ of the net assets value per the latest audited or reviewed financial statements of the Company. Limit on loans granted to a single party is $100\%$ of the aforementioned net assets value.
Note 5: Limit on loans granted to a single party by Trade Vanguard Global Ltd. and ceiling on total loans granted:
a) Ceiling on loans granted to parties whose shares held by the Company over $80\%$ is $40\%$ of the net assets value per the latest audited or reviewed financial statements of the Company. Limit on loans granted to a single party is $40\%$ of the aforementioned net assets value.
b) Ceiling on loans granted to parties whose shares held by the Company under $80\%$ is $20\%$ of the net assets value per the latest audited or reviewed financial statements of the Company. Limit on loans granted to a single party is $5\%$ of the aforementioned net assets value.
c) Ceiling on loans granted to parties whose voting rights are directly or indirectly held by the Company and which are located outside Taiwan is $220\%$ of the net assets value per the latest audited or reviewed financial statements of the Company. Limit on loans granted to a single party is $220\%$ of the aforementioned net assets value.
Note 6: Limit on loans granted to a single party by E-Fan Investments CO., LTD. and ceiling on total loans granted:
a) Ceiling on loans granted to the subsidiaries which were held by the Company over $80\%$ equity interests is $40\%$ of the net assets based on the latest audited or reviewed financial statements of the Company. Limit on loans granted to a single party is $40\%$ of the aforementioned net assets value.
b) Ceiling on loans granted to the subsidiaries which were held by the Company less than $80\%$ equity is $20\%$ of the net assets based on the latest audited or reviewed financial statements of the Company. Limit on loans granted to a single party is $5\%$ of the aforementioned net assets value.
c) Ceiling on loans granted to the Company's parent company and Taiwan subsidiaries whose equity were wholly held by the Company is $40\%$ of the net assets based on the latest audited or reviewed financial statements of the Company. Limit on loans granted to a single party is $40\%$ of the aforementioned net assets value.
Note 7: Limit on loans granted to a single party by Golden Thinking Ltd. and ceiling on total loans granted:
a) Ceiling on loans granted to parties whose shares held by the Company over $80\%$ is $40\%$ of the net assets value per the latest audited or reviewed financial statements of the Company. Limit on loans granted to a single party is $40\%$ of the aforementioned net assets value.
b) Ceiling on loans granted to parties whose shares held by the Company under $80\%$ is $20\%$ of the net assets value per the latest audited or reviewed financial statements of the Company. Limit on loans granted to a single party is $5\%$ of the aforementioned net assets value.
c) Ceiling on loans granted to the Company's ultimate parent company and non-Taiwanese companies whose voting rights are directly and indirectly held by the Company's ultimate parent company is $1000\%$ of the net assets value based on the latest audited or reviewed financial statements of the Company. Limit on loans granted to a single party is $1000\%$ of the aforementioned net assets value.
Note 8: Translated into New Taiwan Dollars using the exchange rate of US: NT=1:31.995.
Note 9: The limit on loans balance are resolved by the Board of Directors.

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

Provision of endorsements and guarantees to others

Three months ended March 31, 2026

Table 2

Expressed in thousands of NTD

(Except as otherwise indicated)

Number	Endorser/guarantor	Company name	Party being endorsed/guaranteed		Limit on endorsements/guarantees provided for a single party	Maximum outstanding endorsement/guarantee amount as of March 31, 2026	Outstanding endorsement/guarantee amount at March 31, 2026	Actual amount drawn down	Amount of endorsements/guarantees secured with collateral	Ratio of accumulated endorsement/guarantee amount to net asset value of the endorser/guarantor company	Ceiling on total amount of endorsements/guarantees provided / Note 1)	Provision of endorsements/guarantees by parent company to subsidiary	Provision of endorsements/guarantees by subsidiary to parent company	Provision of endorsements/guarantees to the party in Mainland China
			Relationship with the endorser/guarantor	Synnex Global Ltd.
0	Synnex Technology International Corporation	Synnex Global Ltd.	B. The endorser/guarantor parent company owns directly and indirectly more than 50% voting shares of the endorsed /guaranteed subsidiary.	$ 78,596,878	$ 17,277,300	$ 17,277,300	$ 976,333	-	22%	$ 157,193,756	Y	N	N	(Note 1)
0	Synnex Technology International Corporation	Trade Vanguard Global Ltd.	B. The endorser/guarantor parent company owns directly and indirectly more than 50% voting shares of the endorsed /guaranteed subsidiary.	78,596,878	1,599,750	1,599,750	-	-	2%	157,193,756	Y	N	N	(Note 1)
0	Synnex Technology International Corporation	Syntech Asia Ltd.	B. The endorser/guarantor parent company owns directly and indirectly more than 50% voting shares of the endorsed /guaranteed subsidiary.	78,596,878	21,225,483	21,225,483	10,152,371	-	27%	157,193,756	Y	N	N	(Note 1)
0	Synnex Technology International Corporation	Leveltech Ltd.	B. The endorser/guarantor parent company owns directly and indirectly more than 50% voting shares of the endorsed /guaranteed subsidiary.	78,596,878	447,930	447,930	114,183	-	1%	157,193,756	Y	N	N	(Note 1)
0	Synnex Technology International Corporation	Synnex Technology International (HK) Ltd.	B. The endorser/guarantor parent company owns directly and indirectly more than 50% voting shares of the endorsed /guaranteed subsidiary.	78,596,878	10,379,178	10,379,178	1,420,051	-	13%	157,193,756	Y	N	N	(Note 1)
0	Synnex Technology International Corporation	Synnex Distributions (China) Ltd.	B. The endorser/guarantor parent company owns directly and indirectly more than 50% voting shares of the endorsed /guaranteed subsidiary.	78,596,878	3,486,624	3,486,624	1,880,656	-	4%	157,193,756	Y	N	Y	(Note 1)
0	Synnex Technology International Corporation	LanXiang Technology (Shenzhen) Ltd.	B. The endorser/guarantor parent company owns directly and indirectly more than 50% voting shares of the endorsed /guaranteed subsidiary.	78,596,878	277,740	277,740	277,740	-	-	157,193,756	Y	N	Y	(Note 1)
0	Synnex Technology International Corporation	Synnex Australia Pty. Ltd.	B. The endorser/guarantor parent company owns directly and indirectly more than 50% voting shares of the endorsed /guaranteed subsidiary.	78,596,878	8,379,988	8,334,635	1,759,248	-	11%	157,193,756	Y	N	N	(Note 1)
0	Synnex Technology International Corporation	Synnex New Zealand Ltd.	B. The endorser/guarantor parent company owns directly and indirectly more than 50% voting shares of the endorsed /guaranteed subsidiary.	78,596,878	659,089	641,007	313,955	-	1%	157,193,756	Y	N	N	(Note 1)
0	Synnex Technology International Corporation	Seper Technology Corporation	B. The endorser/guarantor parent company owns directly and indirectly more than 50% voting shares of the endorsed /guaranteed subsidiary.	78,596,878	2,000,000	2,000,000	663,328	-	3%	157,193,756	Y	N	N	(Note 1)
1	Synnex Investments (China) Ltd.	Synnex Distributions (China) Ltd.	B. The endorser/guarantor parent company owns directly and indirectly more than 50% voting shares of the endorsed /guaranteed subsidiary.	18,430,236	2,777,400	2,777,400	-	-	15%	18,430,236	N	N	Y	(Note 2)

Note 1: Endorser/ guarantor: Synnex Technology International Corporation
a) Limit on endorsements and guarantees provided for a single party is 100% of the net assets value per the latest audited or reviewed financial statements of the Company.
b) Ceiling on total endorsements and guarantees provided for all parties is 200% of the net assets value per the latest audited or reviewed financial statements of the Company.
Note 2: Endorser/ guarantor: Synnex Investments (China) Ltd.
a) Limit on endorsements and guarantees provided for a single party is 100% of the net assets value per the latest audited or reviewed financial statements of Synnex Investments (China) Ltd..
b) Ceiling on total endorsements and guarantees provided for all parties is 100% of the net assets value per the latest audited or reviewed financial statements of Synnex Investments (China) Ltd..

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

Holding significant of marketable securities at the end of the period (not including subsidiaries, associates, and joint ventures)

March 31, 2026

Table 3
Expressed in thousands of NTD
(Except as otherwise indicated)

Securities held by	Marketable securities	Relationship with the securities issuer	General ledger account	As of March 31, 2026				Footnote
				Number of shares	Book value	Ownership (%)	Fair value
Synnex Technology International Corporation	UPC Technology Corporation	The issuer's chairperson is the same as the Company's chairperson	Non-current financial assets at fair value through other comprehensive income	68,992,033	$ 869,300	5.18%	$ 869,300
Synnex Technology International Corporation	Mitac Incorporated	The issuer's chairperson is the same as the Company's chairperson	Non-current financial assets at fair value through other comprehensive income	74,763,853	6,251,507	18.58%	6,251,507
Bestcom Infotech Corp.	Jetwell Computer Co., Ltd.	Bestcom Infotech Corp. is the issuer's director	Non-current financial assets at fair value through other comprehensive income	3,645,066	559,518	8.34%	559,518
Synnex Technology International Corporation and its subsidiaries	Common shares of listed and non-listed companies		Non-current financial assets at fair value through other comprehensive income		806,249		806,249	(Note)
Total					$ 8,486,574		$ 8,486,574
Peer Developments Ltd.	TD Synnex Corporation	None	Current financial assets at fair value through other comprehensive income	1,047,895	$ 5,656,408	1.30%	$ 5,656,408
Peer Developments Ltd.	Concentrix Corporation	None	Current financial assets at fair value through other comprehensive income	4,369,475	3,824,965	7.16%	3,824,965
Total					$ 9,481,373		$ 9,481,373

Table 3, Page 1

Securities held by	Marketable securities	Relationship with the securities issuer	General ledger account	As of March 31, 2026				Footnote
				Number of shares	Book value	Ownership (%)	Fair value
E-Fan Investments CO., LTD.	Common shares of listed companies	None	Current financial assets at fair value through profit or loss	3,430,000	$ 301,840	0.20%	$ 301,840
Synnex (Shanghai) Ltd.	Chao Zhao Jin No.7007	None	Current financial assets at fair value through profit or loss	-	1,064,575	-	1,064,575
Synnex Investments (China) Ltd.	Xinding 60-Day Holding No. 1C; Agricultural Bank “Anxin - Linglong” interbank negotiable certificate of deposit; and the Deposit Enhancement Series 3 wealth management product	None	Current financial assets at fair value through profit or loss	-	2,103,896	-	2,103,896
Synnex Distributions (China) Ltd.	Industrial Bank “Golden Snowball - Stable Gain Daily Income No. 1” + Xinyin Wealth Management “Anying Elephant Fixed Income - Stable Return 7-Day Holding No. 3, Class C”	None	Current financial assets at fair value through profit or loss	-	6,065,848	-	6,065,848
Synnex Technology International Corporation and its subsidiaries	Listed Company Common Stock and Financial Products		Current financial assets at fair value through profit or loss	-	916,005	-	916,005	(Note)
Total					$ 10,452,164		$ 10,452,164
Synnex (Shanghai) Ltd.	Non-listed Common Stock		Non-current financial assets at fair value through other comprehensive income		$ 28,251		$ 28,251	(Note)

Note: Balances with a carrying amount less than NT$300 million at the end of the period are aggregated and disclosed.

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

Purchases or sales of goods from or to related parties reaching NT$100 million or 20% of paid-in capital or more

Three months ended March 31, 2026

Table 4

Expressed in thousands of NTD

(Except as otherwise indicated)

Purchaser/seller	Counterparty	Relationship with the counterparty	Transaction				Differences in transaction terms compared to third party transactions		Notes/accounts receivable (payable)
			Purchases (sales)	Amount	Percentage of total purchases (sales)	Credit term	Unit price	Credit term	Balance	Percentage of total notes/accounts receivable (payable)
Synnex Technology International Corporation	Syntech Asia Ltd.	Direct wholly-owned subsidiary	(Sales)	($ 1,809,618)	(12%)	60 days	Standard selling price and collection terms	Insignificant difference	$ 3,961,218	29%
Synnex Technology International Corporation	Syntech Asia Ltd.	Direct wholly-owned subsidiary	Purchases	2,239,006	14%	60 days	Standard purchasing price and payment terms	Insignificant difference	( 206,920)	(1%)
Synnex Technology International Corporation	Seper Technology Corporation	Direct wholly-owned subsidiary	Purchases	166,756	1%	30 days	Standard purchasing price and payment terms	Insignificant difference	( 1,870)	-
Synnex Technology International Corporation	Getac Holdings Corporation and its Subsidiaries	Other related party	(Sales)	( 345,446)	(2%)	120 days	Standard selling price and collection terms	Insignificant difference	355,424	3%
Seper Technology Corporation	Synnex Technology International Corporation	Parent company	(Sales)	( 166,756)	(10%)	30 days	Standard selling price and collection terms	Insignificant difference	1,870	-
Bestcom Infotech Corp.	Jetwell Computer Co., Ltd.	Other related party	(Sales)	( 144,169)	(2%)	60 days	Standard selling price and collection terms	Insignificant difference	130,896	3%
Synnex Technology International (HK) Ltd. And its subsidiaries	Synnex Distributions (China) Ltd.	An affiliate	(Sales)	( 1,549,114)	(20%)	90 days after receipt of goods	Standard selling price and collection terms	Insignificant difference	494,630	14%
Synnex Technology International (HK) Ltd. And its subsidiaries	Syntech Asia Ltd.	An affiliate	Purchases	307,015	8%	30 days	Standard selling price and collection terms	Insignificant difference	( 60,204)	(1%)
Syntech Asia Ltd.	Synnex Technology International Corporation	Parent company	(Sales)	( 2,239,006)	(5%)	60 days	Standard selling price and collection terms	Insignificant difference	206,920	1%
Syntech Asia Ltd.	Synnex Technology International Corporation	Parent company	Purchases	1,809,618	4%	60 days	Standard purchasing price and payment terms	Insignificant difference	( 3,961,218)	(56%)
Syntech Asia Ltd.	Synnex Technology International (HK) Ltd. And its subsidiaries	An affiliate	(Sales)	( 307,015)	(1%)	30 days	Standard selling price and collection terms	Insignificant difference	60,204	-
Syntech Asia Ltd.	LanXiang Technology (Shenzhen) Ltd.	An affiliate	(Sales)	( 389,956)	(1%)	90 days	Standard selling price and collection terms	Insignificant difference	222,738	2%
Synnex Distributions (China) Ltd.	Synnex Technology International (HK) Ltd. And its subsidiaries	An affiliate	Purchases	1,549,114	6%	90 days after receipt of goods	Standard purchasing price and payment terms	Insignificant difference	( 494,630)	(5%)
PT. Synnex Metrodata Indonesia	PT. Mitra Integrasi Informatika	Other related party	(Sales)	( 292,485)	(3%)	30 days	Standard selling price and collection terms	Insignificant difference	164,563	3%

Table 4, Page 1

Purchaser/seller	Counterparty	Relationship with the counterparty	Transaction				Differences in transaction terms compared to third party transactions		Notes/accounts receivable (payable)
			Purchases (sales)	Amount	Percentage of total purchases (sales)	Credit term	Unit price	Credit term	Balance	Percentage of total notes/accounts receivable (payable)
PT. Synnex Metrodata Indonesia	PT. Aneka Teknologi Utama	Other related party	(Sales)	($ 123,343)	(1%)	30 days	Standard selling price and collection terms	Insignificant difference	$ 80,381	1%
LanXiang Technology (Shenzhen) Ltd.	Syntech Asia Ltd.	An affiliate	Purchases	389,956	22%	90 days	Standard purchasing price and payment terms	Insignificant difference	( 222,738)	(28%)

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

Receivables from related parties reaching NT$100 million or 20% of paid-in capital or more

March 31, 2026

Table 5
Expressed in thousands of NTD
(Except as otherwise indicated)

Creditor	Counterparty	Relationship with the counterparty	Balance as at March 31, 2026	Turnover rate	Overdue receivables		Amount collected subsequent to the balance sheet date	Allowance for doubtful accounts
					Amount	Action taken
Synnex Technology International Corporation	Syntech Asia Ltd.	Direct wholly-owned subsidiary	$ 6,289,074	5.20	$ -	-	$ 3,937,422	$ -
Synnex Technology International Corporation	Bestcom Infotech Corp.	Direct wholly-owned subsidiary	397,052	5.20	-	-	21,470	-
Synnex Technology International Corporation	Getac Holdings Corporation and its Subsidiaries	Other related party	355,424	5.20	-	-	2,684	-
Syntech Asia Ltd.	Synnex Technology International Corporation	Parent company	206,920	12.76	-	-	98,135	-
Syntech Asia Ltd.	LanXiang Technology (Shenzhen) Ltd.	An affiliate	223,628	12.76	-	-	23	-
King's Eye Investments Ltd.	Synnex FPT	Related party	203,520	-	-	-	-	-
Peer Developments Ltd.	Synnex Global Ltd.	Parent company	4,030,953	-	-	-	-	-
Golden Thinking Ltd.	Synnex Australia Pty. Ltd.	An affiliate	1,299,805	-	-	-	-	-
Fortune Ideal Ltd.	Synnex Australia Pty. Ltd.	An affiliate	172,372	-	-	-		-
Synnex Technology International (HK) Ltd. And its subsidiaries	Synnex Global Ltd.	An affiliate	3,856,070	-	-	-	509,065	-
Synnex Technology International (HK) Ltd. And its subsidiaries	Synnex Distributions (China) Ltd.	An affiliate	710,218	8.62	-	-	290,959	-
Synnex Distributions (China) Ltd.	Synnex Technology International (HK) Ltd. And its subsidiaries	An affiliate	1,565,239	3.53	-	-	45,458	-
Synnex Technology Development Ltd.	Synnex Distributions (China) Ltd.	Parent company	340,648	-	-	-	18,099	-
PT. Synnex Metrodata Indonesia	PT. Mitra Integrasi Informatika	Other related party	164,563	5.99	-	-	15,361	-

Note : Refer to table 1 for the details of the accounts receivable arising from loans to others.

Table 5, Page 1

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

Significant inter-company transactions during the reporting periods

Three months ended March 31, 2026

Expressed in thousands of NTD

(Except as otherwise indicated)

Table 6

Number (Note 1)	Company name	Counterparty	Relationship	Transaction
				General ledger account	Amount	Transaction terms	Percentage of consolidated total operating revenues or total assets (Note 2)
0	Synnex Technology International Corporation	Syntech Asia Ltd.	Parent company to directly wholly-owned subsidiary	Sales	$ 1,809,618	The same with third parties	1%
0	Synnex Technology International Corporation	Syntech Asia Ltd.	Parent company to directly wholly-owned subsidiary	Accounts receivable	3,961,218	The same with third parties	2%
0	Synnex Technology International Corporation	Syntech Asia Ltd.	Parent company to directly wholly-owned subsidiary	Other receivables	1,984,412	Note 9	1%
0	Synnex Technology International Corporation	Syntech Asia Ltd.	Parent company to directly wholly-owned subsidiary	Other receivables	343,444	Note 6	-
0	Synnex Technology International Corporation	Syntech Asia Ltd.	Parent company to directly wholly-owned subsidiary	Other revenue	353,265	Note 5 - 7	-
0	Synnex Technology International Corporation	Bestcom Infotech Corp.	Parent company to directly wholly-owned subsidiary	Other receivables	379,383	Note 4 - 6 - 8	-
1	Seper Technology Corporation	Synnex Technology International Corporation	Directly wholly-owned subsidiary to parent company	Sales	166,756	The same with third parties	-
2	Peer Developments Ltd.	Synnex Global Ltd.	Indirectly wholly-owned subsidiary to directly wholly-owned subsidiary	Other receivables	4,030,953	-	3%
3	Syntech Asia Ltd.	Synnex Technology International Corporation	Directly wholly-owned subsidiary to parent company	Sales	2,239,006	The same with third parties	2%
3	Syntech Asia Ltd.	Synnex Technology International Corporation	Directly wholly-owned subsidiary to parent company	Accounts receivable	206,920	The same with third parties	-
3	Syntech Asia Ltd.	LanXiang Technology (Shenzhen) Ltd.	Directly wholly-owned subsidiary to indirectly wholly-owned subsidiary	Sales	389,956	The same with third parties	-
3	Syntech Asia Ltd.	LanXiang Technology (Shenzhen) Ltd.	Directly wholly-owned subsidiary to indirectly wholly-owned subsidiary	Accounts receivable	222,738	The same with third parties	-
3	Syntech Asia Ltd.	Synnex Technology International (HK) Ltd. and its subsidiaries	Directly wholly-owned subsidiary to directly wholly-owned subsidiary	Sales	307,015	The same with third parties	-
4	Golden Thinking Ltd.	Synnex Australia Pty. Ltd.	Indirectly wholly-owned subsidiary to indirectly wholly-owned subsidiary	Other receivables	1,299,805	-	1%
5	Fortune Ideal Ltd.	Synnex Australia Pty. Ltd.	Indirectly wholly-owned subsidiary to indirectly wholly-owned subsidiary	Other receivables	172,372	-	-
6	Synnex Technology International (HK) Ltd. and its subsidiaries	Synnex Global Ltd.	Directly wholly-owned subsidiary to directly wholly-owned subsidiary	Other receivables	3,856,070	-	2%
6	Synnex Technology International (HK) Ltd. and its subsidiaries	Synnex Distributions (China) Ltd.	Directly wholly-owned subsidiary to indirectly wholly-owned subsidiary	Sales	1,549,114	The same with third parties	1%
6	Synnex Technology International (HK) Ltd. and its subsidiaries	Synnex Distributions (China) Ltd.	Directly wholly-owned subsidiary to indirectly wholly-owned subsidiary	Accounts receivable	494,630	The same with third parties	-

Table 6, Page 1

				Transaction
Number (Note 1)	Company name	Counterparty	Relationship	General ledger account	Amount	Transaction terms	Percentage of consolidated total operating revenues or total assets (Note 2)
6	Synnex Technology International (HK) Ltd. and its subsidiaries	Synnex Distributions (China) Ltd.	Directly wholly-owned subsidiary to indirectly wholly-owned subsidiary	Other receivables	$ 215,588	-	-
6	Synnex Technology International (HK) Ltd. and its subsidiaries	Synnex Distributions (China) Ltd.	Directly wholly-owned subsidiary to indirectly wholly-owned subsidiary	Other revenue	630,311	-	-
7	Synnex Distributions (China) Ltd.	Synnex Technology International (HK) Ltd. and its subsidiaries	Indirectly wholly-owned subsidiary to directly wholly-owned subsidiary	Other receivables	1,563,791	-	1%
8	Synnex Technology Development Ltd.	Synnex Distributions (China) Ltd.	Indirectly wholly-owned subsidiary to indirectly wholly-owned subsidiary	Other receivables	340,648	-	-

Note 1: The numbers filled in for the transaction company in respect of inter-company transactions are as follows:
(1)Parent company is '0'.
(2)The subsidiaries are numbered in order starting from '1'.
Note 2: Percentage of total consolidated revenues or total assets is calculated using the total consolidated assets at the end of the period when the subject of transaction is an asset/liability, and is calculated using total consolidated revenues during the period when the subject of transaction is a revenue/expense.
Note 3: It is not disclosed for individual transaction below $100 million.
Note 4: Represents parent company's dividends receivables from subsidiaries.
Note 5: For information relating to endorsements and guarantees between the Company and subsidiaries, please refer to table 2 Provision of endorsements and guarantees to others.
Note 6: It was the Company's technical service receivable from related parties.
Note 7: Represents technical service revenue from the Company's provision of technical service to related parties.
Note 8: The Company's rent receivable from related parties.
Note 9: It was from subsidiaries for purchases made on their behalf by the Parent.
Note 10: In addition to the transactions listed in the table above, sales between Synnex Technology International (HK) Ltd. and its subsidiaries amounted to $564,326 and accounts receivable amounted to $144,217.

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

Information on investees

Three months ended March 31, 2026

Table 7

Expressed in thousands of NTD

(Except as otherwise indicated)

Investor	Investee	Location	Main business activities	Initial investment amount		Shares held as at March 31, 2026			Net profit (loss) of the investee for the three months ended March 31, 2026	Investment income(loss) recognised by the Company for the three months ended March 31, 2026	Footnote
				Balance as at March 31, 2026	Balance as at March 31, 2025	Number of shares	Ownership (%)	Book value
Synnex Technology International Corporation	Synnex Global Ltd.	British Virgin Islands	Investment holding	$ 2,594,516	$ 2,594,516	148,250,000	100.00	$ 115,313,191	$ 232,817	$ 232,817
Synnex Technology International Corporation	Bestcom Infotech Corp.	Taiwan	Sales of 3C products	1,677,762	1,677,762	103,203,296	100.00	2,608,134	177,695	177,695
Synnex Technology International Corporation	E-Fan Investments CO., LTD.	Taiwan	Investment holding	1,145,384	1,145,384	22,500,000	100.00	403,939	112,612	112,612
Synnex Technology International Corporation	Synergy Intelligent Logistics Corporation	Taiwan	Warehouse and logistics services	50,000	50,000	5,000,000	100.00	147,265	34,320	34,320
Synnex Technology International Corporation	Seper Technology Corporation	Taiwan	Sales of 3C products	150,426	150,426	15,000,000	100.00	195,282	28,285	28,285
Synnex Technology International Corporation	Synergy Technology Services Corporation	Taiwan	Maintenance and technical services	100,000	100,000	10,000,000	100.00	108,689	7,279	7,279
Synnex Technology International Corporation	Syntech Asia Ltd.	Hong Kong	Sales of semiconductor products	43,474	43,474	300,000	100.00	3,641,490	656,589	656,589
Synnex Technology International Corporation	Synnex Technology International (HK) Ltd. and its subsidiaries	Hong Kong	Sales of 3C products	290,107	290,107	60,000,000	100.00	4,148,590	785,889	785,889
Synnex Technology International Corporation	PT. Synnex Metrodata Indonesia	Indonesia	Sales of 3C products	3,038,867	3,038,867	150,000	50.00	3,162,835	273,489	136,745
Synnex Technology International Corporation	Redington Limited	India	Sales of 3C products	11,995,229	11,995,229	188,591,880	24.12	8,024,996	1,128,387	272,167
Synnex Technology International Corporation	Synnex (Thailand) Public Company Ltd.	Thailand	Sales of 3C products	1,403,052	1,403,052	338,939,513	40.00	1,945,648	210,933	84,781
E-Fan Investments CO., LTD.	Leveltech Ltd.	Hong Kong	Sales of semiconductor products	28,520	28,520	750,000	100.00	118,432	14,097	-	Note 1
Synergy Intelligent Logistics Corporation	Synergy Intelligent Logistics (HK) Corporation	Hong Kong	Warehouse and logistics services	7,338	7,338	1,500,000	100.00	10,151	(9)	-	Note 1

Table 7, Page 1

Investor	Investee	Location	Main business activities	Initial investment amount		Shares held as at March 31, 2026			Net profit (loss) of the investee for the three months ended March 31, 2026	Investment income(loss) recognised by the Company for the three months ended March 31, 2026	Footnote
				Balance as at March 31, 2026	Balance as at March 31, 2025	Number of shares	Ownership (%)	Book value
Synnex Global Ltd.	King's Eye Investments Ltd.	British Virgin Islands	Investment holding	$ 1,998,952	$ 1,998,952	62,477,000	100.00	$ 12,566,104	$ 446,477	-	Note 1
Synnex Global Ltd.	Synnex China Holdings Ltd.	British Virgin Islands	Investment holding	3,205,899	3,205,899	100,200,000	100.00	15,274,877	(371,848)	-	Note 1
Synnex Global Ltd.	Peer Developments Ltd.	British Virgin Islands	Investment holding	1,001,444	1,001,444	30,200,001	100.00	14,111,595	66,626	-	Note 1
Synnex Global Ltd.	Trade Vanguard Global Ltd.	British Virgin Islands	Investment holding	23,996,250	23,996,250	660,000,000	100.00	20,965,431	(974)	-	Note 1
King's Eye Investments Ltd.	Synnex Australia Pty. Ltd.	Australia	Sales of 3C products	949,772	949,772	233,250,000	100.00	10,154,905	352,817	-	Note 1
Synnex Global Ltd.	Synnex Australia Pty. Ltd.	Australia	Sales of 3C products	5,483,943	5,346,764	-	-	5,483,943	-	-	Note 2
King's Eye Investments Ltd.	Synnex New Zealand Ltd.	New Zealand	Sales of 3C products	32,699	32,699	8,075,224	100.00	273,423	15,799	-	Note 1
Synnex Global Ltd.	Synnex New Zealand Ltd.	New Zealand	Sales of 3C products	182,627	184,499	-	-	182,627	-	-	Note 2
King's Eye Investments Ltd.	Synnex FPT Joint Stock Company	Vietnam	Sales of 3C products	853,673	853,673	55,854,748	47.05	1,479,515	165,276	-	Note 1
King's Eye Investments Ltd.	Fortune Ideal Ltd.	Hong Kong	Real estate	59,206	59,206	14,500,000	100.00	223,686	-	-	Note 1
King's Eye Investments Ltd.	Golden Thinking Ltd.	Hong Kong	Real estate	114,330	114,330	28,000,000	100.00	185,319	-	-	Note 1
Synnex Global Ltd.	Golden Thinking Ltd.	Hong Kong	Real estate	1,114,337	1,086,463	-	-	1,114,337	-	-	Note 2
Synnex Global Ltd.	Synnex Investments (China) Ltd.	China	Investment holding	10,305,590	10,305,590	-	-	10,305,590	-	-	Note 2
Synnex Global Ltd.	Synnex Distributions (China) Ltd.	China	Sales of 3C products	4,911,233	4,911,233	-	-	4,911,233	-	-	Note 2
Synnex Global Ltd.	Synnex (Shanghai) Ltd.	China	Sales of semiconductor products and Warehouse and logistics services	1,055,835	1,055,835	-	-	1,055,835	-	-	Note 2

Table 7, Page 2

Investor	Investee	Location	Main business activities	Initial investment amount		Shares held as at March 31, 2026			Net profit (loss) of the investee for the three months ended March 31, 2026	Investment income(loss) recognised by the Company for the three months ended March 31, 2026	Footnote
				Balance as at March 31, 2026	Balance as at March 31, 2025	Number of shares	Ownership (%)	Book value
Bestcom Infotech Corp.	Bizwave Tech Co., Ltd.	Taiwan	Sales of 3C products	$ 19,940	$ 19,940	2,000,000	100.00	$ 28,396	$ -	$ -	Note 1
Bestcom Infotech Corp.	Asgard System, Inc.	Taiwan	Sales of 3C products	19,956	19,956	2,400,000	20.00	37,083	15,565	-	Note 1
Bestcom Infotech Corp.	I-Direction Co., Ltd.	Taiwan	Sales of 3C products	8,000	8,000	800,000	40.00	-	-	-	Note 1

Note 1: Investment income (loss) is not disclosed as the profit or loss of the investees of the Company's directly wholly-owned subsidiaries was recognised by each investor company.
Note 2: The investment amount is an amount for long-term investment.

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

Information on investments in Mainland China

Three months ended March 31, 2026

Expressed in thousands of NTD

(Except as otherwise indicated)

Table 8

Investee in Mainland China	Main business activities	Paid-in capital (Note 10)	Investment method (Note 1)	Accumulated amount of remittance from Taiwan to Mainland China as of January 1, 2026	Amount remitted from Taiwan to Mainland China/ Amount remitted back to Taiwan for the three months ended March 31, 2026 (Note 10)		Accumulated amount of remittance from Taiwan to Mainland China as of March 31, 2026	Net income of investee for the three months ended March 31, 2026	Ownership held by the Company (direct or indirect)	Investment income (loss) recognised by the Company for the three months ended March 31, 2026 (Note 3)	Book value of investments in Mainland China as of March 31, 2026	Accumulated amount of investment income remitted back to Taiwan as of March 31, 2026	Footnote
					Remitted to Mainland China	Remitted back to Taiwan
Laser International Trading (Shanghai) Company Ltd.	International trade	$ 31,995	2	$ 31,995	$ -	$ -	$ 31,995	$ 822	100.00	$ 822	$ 207,183	-	(Note 2) (Note 4)
Hi Food (Shanghai) Co., Ltd.	Manufacture and sales of food	639,900	2	57,591	-	-	57,591	-	10.00	-	57,591	-	(Note 2) (Note 5)
Synnex Investments (China) Ltd.	Investment holding	6,399,000	2	6,399,000	-	-	6,399,000	( 172,024)	100.00	( 172,024)	18,430,236	-	(Note 2) (Note 6)
Synnex Distributions (China) Ltd.	Sales of 3C products	10,558,350	2	10,558,350	-	-	10,558,350	- 306,787	100.00	- 306,787	19,291,416	-	(Note 2) (Note 6)
Synnex (Shanghai) Ltd.	Sales of semiconductor products and warehouse and logistics services	703,890	2	703,890	-	-	703,890	18,387	100.00	18,387	1,229,327	-	(Note 2) (Note 6)
Synnex (Beijing) Ltd.	Warehouse and logistics services	287,955	2	287,955	-	-	287,955	( 943)	100.00	( 943)	159,864	-	(Note 2) (Note 6)
Synnex (Nanjing) Ltd.	Warehouse and logistics services	159,975	2	159,975	-	-	159,975	( 169)	100.00	( 169)	169,742	-	(Note 2) (Note 6)
Synnex (Chengdu) Ltd.	Warehouse and logistics services	159,975	2	159,975	-	-	159,975	1,852	100.00	1,852	211,992	-	(Note 2) (Note 6)
Synnex (Shenyang) Ltd.	Warehouse and logistics services	95,985	2	95,985	-	-	95,985	11	100.00	11	110,183	-	(Note 2) (Note 6)
Synnex (Tianjin) Ltd.	Warehouse and logistics services	143,978	2	143,978	-	-	143,978	( 917)	100.00	( 917)	70,054	-	(Note 2) (Note 6)
Synnex (Hangzhou) Ltd.	Warehouse and logistics services	159,975	2	159,975	-	-	159,975	886	100.00	886	176,292	-	(Note 2) (Note 6)
Synnex (Qingdao) Ltd.	Warehouse and logistics services	159,975	2	159,975	-	-	159,975	631	100.00	631	154,275	-	(Note 2) (Note 6)
Synnex (Guangzhou) Ltd.	Warehouse and logistics services	383,940	2	383,940	-	-	383,940	2,638	100.00	2,638	374,382	-	(Note 2) (Note 6)
Synnex (Xi'an) Ltd.	Warehouse and logistics services	127,980	2	127,980	-	-	127,980	664	100.00	664	139,801	-	(Note 2) (Note 6)
Synnex (Suzhou) Ltd.	Warehouse and logistics services	191,970	2	191,970	-	-	191,970	( 709)	100.00	( 709)	180,210	-	(Note 2) (Note 6)
Synnex (Wuhan) Ltd.	Warehouse and logistics services	159,975	2	159,975	-	-	159,975	211	100.00	211	151,330	-	(Note 2) (Note 6)
Synnex (Jinan) Ltd.	Warehouse and logistics services	159,975	2	159,975	-	-	159,975	( 3,912)	100.00	( 3,912)	185,002	-	(Note 2) (Note 6)
Synnex (Zhengzhou) Ltd.	Warehouse and logistics services	159,975	2	159,975	-	-	159,975	486	100.00	486	141,048	-	(Note 2) (Note 6)
Synnex (Changsha) Ltd.	Warehouse and logistics services	127,980	2	127,980	-	-	127,980	( 1,847)	100.00	( 1,847)	44,996	-	(Note 2) (Note 6)
Synnex (Hefei) Ltd.	Warehouse and logistics services	195,170	2	195,170	-	-	195,170	( 700)	100.00	( 700)	140,132	-	(Note 2) (Note 6)

Table 8, Page 1

Investee in Mainland China	Main business activities	Paid-in capital (Note 10)	Investment method (Note 1)	Accumulated amount of remittance from Taiwan to Mainland China as of January 1, 2026	Amount remitted from Taiwan to Mainland China Amount remitted back to Taiwan for the three months ended March 31, 2026 (Note 10)		Accumulated amount of remittance from Taiwan to Mainland China as of March 31, 2026	Net income of investee for the three months ended March 31, 2026	Ownership held by the Company (direct or indirect)	Investment income (loss) recognised by the Company for the three months ended March 31, 2026 (Note 3)	Book value of investments in Mainland China as of March 31, 2026	Accumulated amount of investment income remitted back to Taiwan as of March 31, 2026	Footnote
					Remitted to Mainland China	Remitted back to Taiwan
Synnex (Nanchang) Ltd.	Warehouse and logistics services	$ 127,980	2	$ 127,980	$ -	$ -	$ 127,980	($ 2,761)	100.00	($ 2,761)	($ 45,760)	-	(Note 2) (Note 6)
Synnex (Harbing) Ltd.	Warehouse and logistics services	159,975	2	159,975	-	-	159,975	( 2,879)	100.00	( 2,879)	10,113	-	(Note 2) (Note 6)
Synnex (Xiamen) Ltd.	Warehouse and logistics services	191,970	2	191,970	-	-	191,970	281	100.00	281	154,400	-	(Note 2) (Note 6)
Synnex Technology Development (Beijing) Ltd.	Sales of 3C products	236,242	2	-	-	-	-	33,229	100.00	33,229	385,974	-	(Note 2) (Note 7)
LanXiang Technology (Shenzhen) Ltd.	Sales of semiconductor products	150,377	2	150,377	-	-	150,377	24,906	100.00	24,906	605,348	-	(Note 2) (Note 8)
Jifu Intelligent Logistics Corporation	Warehouse and logistics services	231,610	2	231,610	-	-	231,610	5,849	100.00	5,849	269,413	-	(Note 6) (Note 11)
				$ 21,287,521	$ -	$ -	$ 21,287,521

Note 1: Investment methods are classified into the following three categories; fill in the number of category each case belongs to:
(1) Directly invest in a company in Mainland China.
(2) Through investing in an existing company in the third area, which then invested in the investee in Mainland China.
(3) Others.
Note 2: Indirect investment in PRC through existing companies located in the third area. Partial capital of Synnex (Nanjing) Ltd. and Synnex (Shenyang) Ltd. were invested by indirect wholly-owned subsidiary, and total membership contributions are US$1,500 and US$3,000 thousand, respectively. Due to the Company's restructuring in November 2008, the entire capital of Synnex Distributions (China) Ltd., Synnex (Shanghai) Ltd., Synnex (Beijing) Ltd., Synnex (Nanjing) Ltd. and Synnex (Chengdu) Ltd., amounting to US$13,000, US$22,000, US$9,000, US$1,000 and US$2,000 thousand, respectively, was changed to be owned by Synnex Investments (China) Ltd. Total membership contribution is US$47,000 thousand.
Note 3: Investment income (loss) for the three months ended March 31, 2026 were recognised based on the financial statements which were reviewed by independent auditors. based on the financial statements
Note 4: Laser International Trading (Shanghai) Company Ltd. is a $100\%$ owned subsidiary of Groupware Solutions Ltd., which is a wholly-owned subsidiary of Synnex Technology International (HK) Ltd. Synnex Technology International (HK) Ltd. is an direct wholly-owned subsidiary of the Company. Total membership contribution is US$1,000 thousand.
Note 5: Hi Food (Shanghai) Co., Ltd. is a $10\%$ owned invested company of Hi Food Co., Ltd. Hi Food Co., Ltd. is $10\%$ indirectly owned by the Company. Total membership contribution is US$1,800 thousand.
Note 6: Synnex Investments (China) Ltd. is a $100\%$ owned subsidiary of Synnex China Holdings Ltd. Synnex China Holdings Ltd. is an indirect wholly-owned subsidiary of the Company. Total membership contribution is US$200,000 thousand. Additionally, Synnex Investments (China) Ltd. reinvested in other subsidiaries in Mainland China. Total membership contribution is translated into New Taiwan Dollars using the exchange rate of US$1:NT$31.995.
Note 7: Synnex Technology Development (Beijing) Ltd. is a $100\%$ owned subsidiary of Synnex Distributions (China) Ltd. Synnex Distributions (China) Ltd. is an indirect wholly-owned subsidiary of the Company. Total membership contribution is RMB$50,000 thousand.
Note 8: LianXiang Technology (Shenzhen) Ltd. is a $100\%$ owned subsidiary of Peer Developments Ltd. Peer Developments Ltd. is an indirect wholly-owned subsidiary of the Company. Total membership contribution is US$4,700 thousand.
Note 9: Synnex Distributions (China) Ltd. is a $100\%$ owned subsidiary of Synnex Investments (China) Ltd. Synnex Investments (China) Ltd. is an indirect wholly-owned subsidiary of the Company. Total membership contribution is USD$100,000 thousand.
Note 10: Translated into New Taiwan Dollars using the exchange rates of US$1:NT$31.995 and RMB$1:NT$4.6322
Note 11: Jifu Intelligent Logistics Corporation is a $100\%$ owned subsidiary of Synnex Investments (China) Ltd. Synnex Investments (China) Ltd. is an indirect wholly-owned subsidiary of the Company. Total membership contribution is RMB$50,000 thousand.

Company name	Accumulated amount of remittance from Taiwan to Mainland China as of March 31, 2026	Investment amount approved by the Investment Commission of the Ministry of Economic Affairs (MOEA)	Ceiling on investments in Mainland China imposed by the Investment Commission of MOEA
Synnex Technology International Corporation(Note)	$ 21,287,521	$ 25,935,147	$ 49,064,320

Note: The ceiling is calculated based on the Tai-Tsai-Tseng (1) Letter No. 006130 issued by the Securities and Futures Commission, Ministry of Finance, Executive Yuan (90), effective November 16, 2001.

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SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION — Interim / Quarterly Report 2026

52019_rns_2026-06-18_b6ef5975-7a6b-40b5-bec6-37c597ffedfe.pdf

INDEPENDENT AUDITORS' REVIEW REPORT TRANSLATED FROM CHINESE

Introduction

Scope of review

Basis for qualified conclusion

Qualified conclusion

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

THREE MONTHS ENDED MARCH 31, 2026 AND 2025

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

THREE MONTHS ENDED MARCH 31, 2026 AND 2025

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

THREE MONTHS ENDED MARCH 31, 2026 AND 2025

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

MARCH 31, 2026 AND 2025

1. HISTORY AND ORGANISATION

2. THE DATE OF AUTHORISATION FOR ISSUANCE OF THE CONSOLIDATED FINANCIAL STATEMENTS AND PROCEDURES FOR AUTHORISATION

3. APPLICATION OF NEW STANDARDS, AMENDMENTS AND INTERPRETATIONS

4. SUMMARY OF MATERIAL ACCOUNTING POLICIES

5. CRITICAL ACCOUNTING JUDGEMENTS, ESTIMATES AND KEY SOURCES OF ASSUMPTION UNCERTAINTY

6. DETAILS OF SIGNIFICANT ACCOUNTS

(1) Cash and cash equivalents

(2) Financial assets and liabilities at fair value through profit or loss

(12) Leasing arrangements—lessee

(13) Leasing arrangements—lessor

(25) Retained earnings

(25) Other equity items

(26) Operating revenue

(33) Income tax

8. PLEDGED ASSETS

9. SIGNIFICANT CONTINGENT LIABILITIES AND UNRECOGNISED CONTRACT COMMITMENTS

(1) Contingencies

(2) Commitments

10. SIGNIFICANT DISASTER LOSS

11. SIGNIFICANT EVENTS AFTER THE BALANCE SHEET DATE

12. OTHERS

(1) Capital management

(2) Financial instruments

A. Financial instruments by category

Price risk

13. SUPPLEMENTARY DISCLOSURES

14. SEGMENT INFORMATION

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION AND SUBSIDIARIES

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SYNNEX TECHNOLOGY INTERNATIONAL CORPORATION Interim / Quarterly Report 2026