2024 Annual Report

Stock code: 3013

Published April 30, 2025

This annual report is also available on: https://http://mops.twse.com.tw/

https://http://www.uneec.com/

1. Spokesperson:

   Name: Chuang Chia-Ying

   Title: Assistant Vice President, Finance Division TEL: (02)2797-3999

   E-mail: Sophia_Chuang@tw.uneec.com Acting Spokesperson:

   Name: Su Chung-Ching

   Title: Manager, Finance Division TEL: (02)2797-3999

   E-mail: mitch_su@tw.uneec.com

2. Address and contact number of the headquarter, branches and factory sites Headquarter: 2F, No. 27, Section 6, Minquan East Road, Neihu District, Taipei City (02)2797-3999

   Factory: No. 18, Songjiang North Road, Zhongli District, Taoyuan City (03)452-5599

3. Share administration agency:

   Name: Agency Department of CTBC Bank Co., Ltd.

   Address: 5F, No. 83, Section 1, Chongqing South Road, Zhongzheng District, Taipei City TEL: (02)6636-5566

   https://http://www.ctbcbank.com

4. Auditors of the latest financial statements: Name of firm: KPMG

   Name of CPAs: Michelle Wang, Yvette Chien

   Address: 68F, No. 7, Section 5, Xinyi Road, Xinyi District, Taipei City TEL: (02)8101-6666

   https://http://www.kpmg.com.tw

5. Name of overseas exchange where securities are listed, and method of inquiry: Not applicable

6. Company website:

   https://http://www.uneec.com/

   Table of Contents

   One. Letter to Shareholders

   1. 2024 Business results

      1. Financial performance 1

      2. Research and development progress 2

   2. Summary of 2025 business plan

      1. Operational guidelines 2

      2. Research and development plans 2

      3. Expected sales volume and basis 3

   3. Future development strategies 3

   4. Impacts of the competitive environment, regulatory environment,

and the overall business environment 4

Two. Corporate Governance Report

1. Background information of Directors, Supervisors, President, Vice Presidents, Assistant Vice Presidents, and the heads of various departments and branches

   1. Directors and supervisors. 6

   2. Background information of the President, Vice Presidents,

      Assistant Vice Presidents, and heads of departments and branch offices 11

2. Remuneration paid to directors, supervisors, the President, and Vice Presidents in the most recent year 13

   1. Remuneration paid to directors, supervisors, the President, and

      Vice Presidents in the last year 13

   2. Disclosure of compensations to the five top-paid managers, if any of the circumstances listed in Item 2-1 or Item 2-5,

      Subparagraph 3, Article 10 of the guidelines apply 18

   3. Amount of compensation paid in the last 2 years by the Company and all companies included in the consolidated financial statements to the Company's directors, supervisors, President, and Vice Presidents, and their respective percentages to standalone or separate net income, as well as the policies, standards, and packages by which they were paid, the procedures through which compensations were determined, and

      their association with business performance and future risks 19

3. Corporate governance

   1. Functionality of board of directors 22

   2. Functionality of the Audit Committee 25

   3. Deviation and causes of deviation from Corporate Governance

      Best-Practice Principles for TWSE/TPEX Listed Companies 29

   4. Disclose the composition, responsibilities, and functioning of remuneration committee or nomination committee, if available 47

   5. Sustainable development practices; deviation from Sustainable Development Best Practice Principles for TWSE/TPEx Listed

      Companies, and reasons thereof 51

   6. Climate-related information 77

   7. Implementation of ethical management, and deviation and causes of deviation from Ethical Corporate Management Best

      Practice Principles for TWSE/TPEX Listed Companies 86

   8. Other information material to understanding corporate

      governance within the Company 96

   9. Internal control 97

   10. Major resolutions passed in shareholder meetings and board of directors meetings in the most recent year up until the

       publication date of annual report 99

   11. Documented opinions or declarations made by directors or supervisors against board resolutions in the most recent year,

       up till the publication date of this annual report 100

4. Disclosure of auditors' remuneration

   1. Disclosure of audit fee and non-audit fee paid to the auditor, accounting firm, and affiliated companies, and details of

      non-audit services 100

   2. Change of accounting firm that resulted in the reduction of audit remuneration from the previous year; disclose audit remuneration before and after the change and the cause of such

      change 100

   3. In the case of any reduction in audit remuneration by more amount than 10% compared to the previous year, please state

      the amount, the percentage and reason of such variation 101

5. Change of auditor

   1. Information relating to the former auditor 101

   2. Information relating to the succeeding auditor 101

   3. The former CPA's response to the items referred to in Subparagraphs 1 and 2-3, Paragraph 6, Article 10 of the

      Standards 101

6. The Company's chairman, general manager, or managers responsible for financial or accounting affairs has worked in the firm to which

   the CPA belongs or its affiliated companies within the past year 102

7. Details of shares transferred or pledged by directors, supervisors, managers and shareholders with more than 10% ownership interest in the last year, up till the publication date of this annual report

   1. Details of shares transferred or pledged by directors, supervisors, managers, or shareholders with more than 10%

      ownership interest 102

   2. Disclosure of shares transferred to related parties 103

   3. Disclosure of shares pledged to related parties 103

8. Relationship information, if among the 10 largest shareholders any one is a related party, or is the spouse or a relative within the second

   degree of kinship of another 103

9. Investments jointly held by the Company, the Company's directors, supervisors, managers, and enterprises directly or indirectly controlled by the Company; disclose shareholding in aggregate of the above

parties 104

Three. Funding Status

1. Capital and outstanding shares

   1. Source of capital 106

   2. List of major shareholders 109

   3. Dividend policy and implementation status of the Company

      1. Dividend policy 109

      2. Dividend distribution proposed for the next annual general

         meeting 109

      3. Expected change in dividend policy 109

   4. Impacts of proposed stock dividends on the Company's business performance and earnings per share 109

   5. Remuneration of employees, directors and supervisors

      1. Percentage and range of employees'/directors'/supervisors' remuneration stated in the Articles of Incorporation 110

      2. Basis of calculation for employee/director/supervisor remuneration and share-based compensations; and accounting treatments for any discrepancies between the amounts

         estimated and the amounts paid 110

      3. Remuneration passed by the Board of Directors 110

      4. Employee/director/supervisor remuneration paid in the

         previous year 110

   6. Shares repurchased by the Company 111

2. Corporate bonds (including offshore corporate bonds), preferred shares, overseas depository receipts, employee stock options, restricted employee shares, and merger/acquisition/divestment or exchange of shares

   1. Corporate bonds 111

   2. Preferred shares, overseas depository receipts, employee stock options, restricted employee shares, or

      merger/acquisition/divestment through exchange of shares 113

3. Progress on planned use of fund 113

Four. Business Overview

1. Operations

   1. Scope of business 114

   2. Industry overview 115

   3. Technological research and development 116

   4. Long and short-term business plans 116

2. Market and sales overview

   1. Market analysis 117