Slides
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2026/08/25 SinoPac Holdings Analyst Meeting Q2 2026
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This presentation materials distributed herewith may include forward-looking statements. The second quarter of 2026 financial data have been audited. All statements, other than statements of historical facts, that address activities, events or developments that SinoPac Holdings (“SinoPac”) expects or anticipates will or may occur in the future (including but not limited to projections, targets, estimates and business plans) are forward-looking statements. SinoPac’s actual results or developments may differ materially from those indicated by these forward-looking statements as a result of various factors and uncertainties, including but not limited to price fluctuations, actual demand, exchange rate fluctuations, market shares, competition, changes in legal, financial and regulatory frameworks, international economic and financial market conditions, political risks, cost estimates and other risks and factors beyond its control. In addition, SinoPac makes the forward-looking statements referred to herein as of today and undertakes no obligation to update these statements. Disclaimer
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Agenda Executive Summary 1 Financial Highlights 2 – 5 Operating Performance Analysis 6 – 14 Appendix 15 – 28
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SinoPac Holdings and its subsidiaries won 51 awards in 2Q26 (84 awards in 6M26). Some are highlighted below: ◼ SinoPac Holdings was honored by Enterprise Asia at the 2026 Asia Responsible Enterprise Awards (AREA); Chairman Madam Shi-kuan CHEN was awarded Responsible Business Leadership, Corporate Sustainability Reporting Award, Green Leadership Award, Corporate Governance Award, Responsible Digital Practice Award, Sustainable Investment Award, Social Empowerment Award, Investment in People Award, and Health Promotion Award ◼ SinoPac Holdings was honored by Global Views Monthly at ESG Corporate Sustainability Award – Overall Performance – Financial and Insurance Industry ◼ Bank SinoPac was honored by Forbes as World's Best Banks 2026 ◼ Bank SinoPac was honored by FinanceAsia at Best Sustainable Bank in Taiwan, Best Bank for Financial Inclusion in Taiwan, Most Innovative Use of Technology Bank in Taiwan; SinoPac Securities at Domestic Best Broker (Taiwan) - Highly Commended ◼ SinoPac Securities and SinoPac Investment Trust was honored by Taiwan Institute for Sustainable Energy at The 6th Taiwan Sustainable Investment Awards, with Institutional Influence Award - Securities Group - Role Model Award and Institutional Leadership Award - Investment Group - Role Model Award ◼ SinoPac Securities Investment Service was honored by National Enterprise Competitiveness Development Association at The 23rd National Brand Yushan Awards with Best Product – SinoPac AI Insight - A New Tool for the AI Financial Generation Awards and Achievements 1H26 net revenue and net profit hit consecutive record high for the period, driving an annualized ROE of 18.98% Through M&A and organic growth, total assets grew by 30% YoY, while capital level remained solid NII rose on lower funding costs and loan growth; fee on strong WM and brokerage boosted by active market ◼ Total Assets:NT$4.00 trn, +4.6% QoQ, +30.0% YoY , +8.1% YTD ◼ Total Loans: NT$2.10trn, +3.3% QoQ, +25.9% YoY , +8.0% YTD ◼ Capital Adequacy: Group CAR 127%; Bank SinoPac: CET1 ratio 10.8% and CAR: 14.3% 1 Executive Summary NT$Mn 2Q26 QoQ YoY 6M26 YoY Net Revenue 29,082 11.0% 72.3% 55,282 55.5% Net Profit 13,519 23.2% 150.3% 24,493 94.3% NT$Mn 2Q26 QoQ YoY 6M26 YoY Net Interest Income 12,697 6.4% 43.8% 24,628 42.3% Net Fee Income 9,729 5.4% 105.5% 18,960 69.3% Others 6,657 32.2% 100.7% 11,693 66.2%
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2 Financial Highlights: SinoPac Holdings1 Note: 1. All the numbers were based on consolidated financial statements; 2. EPS figures were retrospectively adjusted for stock dividends, but BVPS figures were not adjusted. NT$Mn 2023 2024 2025 6M26 YoY 2Q26 1Q26 QoQ Net Interest Income 24,444 25,792 38,282 24,628 42.3% 12,697 11,931 6.4% Net Fee Income 14,750 19,686 22,344 18,960 69.3% 9,729 9,232 5.4% Other Revenues 14,707 18,946 13,764 11,693 66.2% 6,657 5,036 32.2% Net Revenues 53,901 64,423 74,390 55,282 55.5% 29,082 26,199 11.0% Operating Expenses -28,526 -32,558 -38,657 -24,718 -33.2% -13,147 -11,571 -13.6% Cost-income Ratio 53% 51% 52% 45% -7% 45% 44% 1% PPOP 25,375 31,865 35,733 30,564 79.9% 15,935 14,629 8.9% Provisions -2,304 -4,571 -3,699 -1,840 -66.2% -384 -1,456 73.6% Net Income 19,764 22,229 26,569 24,493 94.3% 13,519 10,974 23.2% ROA 0.74% 0.76% 0.79% 1.28% 0.45% 1.39% 1.18% 0.21% ROE 11.55% 11.29% 11.53% 18.98% 6.63% 20.45% 17.09% 3.36% EPS(NT$)2 1.51 1.66 1.93 1.66 0.72 0.91 0.74 0.17 BVPS(NT$)2 15.22 16.19 17.63 18.29 2.05 18.29 18.31 -0.02 Shares Outstanding (Mn Shares) 12,376 12,686 14,492 14,492 14.2% 14,492 14,492 0.0% Total Assets 2,771,492 3,068,775 3,694,234 3,995,049 30.0% 3,995,049 3,820,349 4.6% Total Equity 188,336 205,383 255,493 264,998 28.6% 264,998 265,425 -0.2% Total Assets /Total Equity (x) 14.72 14.94 14.46 15.08 0.17 15.08 14.39 0.68 CAR 134% 130% 134% 127% -7% 127% 132% -4% DLR 113% 112% 120% 119% 7% 119% 119% 0%
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3 Financial Highlights: Bank SinoPac1 NT$Mn 2023 2024 2025 6M26 YoY 2Q26 1Q26 QoQ Net Interest Income 22,830 23,995 34,391 20,290 26.0% 10,436 9,854 5.9% NIM 0.98% 0.96% 1.27% 1.42% 0.21% 1.44% 1.40% 0.04% Fee Income 6,960 9,193 10,638 7,461 11.9% 2,998 4,463 -32.8% Other Revenues 10,595 12,854 7,534 4,786 0.0% 2,033 2,753 -26.1% Net Revenues 40,384 46,042 52,563 32,537 18.1% 15,467 17,070 -9.4% Operating Expenses -19,069 -21,040 -25,819 -14,273 -8.4% -7,054 -7,220 2.3% Cost-income Ratio 47% 46% 49% 44% -4% 46% 42% 3% PPOP 21,315 25,001 26,745 18,264 27.0% 8,413 9,850 -14.6% Provisions -2,000 -3,709 -2,994 -2,182 -176.3% -1,258 -925 -36.0% Net Income 16,066 17,417 19,526 13,463 20.9% 6,084 7,378 -17.5% ROA 0.65% 0.66% 0.68% 0.89% 0.08% 0.79% 0.99% -0.20% ROE 10.34% 9.73% 10.15% 13.43% 1.40% 11.89% 14.77% -2.88% Total Assets 2,531,382 2,771,059 2,972,676 3,110,500 11.0% 3,110,500 3,059,295 1.7% Total Equity 172,832 185,083 199,570 204,822 8.8% 204,822 205,563 -0.4% Total Assets /Total Equity (x) 14.65 14.97 14.90 15.19 0.30 15.19 14.88 0.30 Total Loans2 1,450,468 1,634,939 1,751,476 1,893,391 11.7% 1,893,391 1,834,787 3.2% Total Deposits 2,032,597 2,285,756 2,451,349 2,539,094 9.9% 2,539,094 2,502,345 1.5% Loan-to-deposit Ratio 71.36% 71.53% 71.45% 74.57% 1.15% 74.57% 73.32% 1.25% NPL Ratio 0.10% 0.17% 0.19% 0.23% -0.01% 0.23% 0.18% 0.05% Coverage Ratio 1350% 828% 769% 618% 3% 618% 795% -177% Reserve-to-loan Ratio 1.36% 1.39% 1.45% 1.40% -0.03% 1.40% 1.42% -0.02% CET1 Ratio 11.23% 10.71% 11.39% 10.78% -0.48% 10.78% 11.22% -0.44% Tier 1 Ratio 12.99% 12.26% 12.97% 12.24% -0.68% 12.24% 12.72% -0.48% CAR 15.61% 14.54% 15.21% 14.27% -0.92% 14.27% 14.84% -0.57% Note: 1. All the numbers were based on consolidated financial statements; 2. Total loans included credit card revolving balance and factoring account receivables but excluded non-accrual loans.
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4 Financial Highlights: King’s Town Bank Note: All the numbers were based on standalone financial statements. NT$Mn 2023 2024 2025 6M26 YoY 2Q26 1Q26 QoQ Net Interest Income 5,211 5,399 6,082 3,194 0.4% 1,648 1,546 6.6% NIM 1.62% 1.72% 1.98% 1.92% -0.15% 1.93% 1.92% 0.01% Fee Income 2,169 2,740 1,982 1,206 18.6% 555 651 -14.8% Other Revenues 2,218 910 360 296 238.1% 170 126 35.2% Net Revenues 9,598 9,049 8,424 4,696 17.8% 2,373 2,323 2.2% Operating Expenses -2,337 -2,323 -2,966 -1,214 30.3% -617 -598 -3.2% Cost-income Ratio 24% 26% 35% 26% -18% 26% 26% 0% PPOP 7,261 6,727 5,458 3,482 55.2% 1,756 1,726 1.8% Provisions -9 -280 452 577 -54.8% 935 -358 361.0% Net Income 6,207 5,024 3,791 3,756 138.6% 2,217 1,539 44.1% ROA 1.67% 1.33% 1.02% 2.02% 1.17% 2.38% 1.69% 0.69% ROE 13.42% 9.59% 6.94% 13.77% 8.15% 16.02% 11.10% 4.92% Total Assets 372,712 380,215 362,927 379,819 6.6% 379,819 365,110 4.0% Total Equity 50,115 54,626 54,641 54,466 -5.1% 54,466 56,229 -3.1% Total Assets / Total Equity (x) 7.44 6.96 6.64 6.97 0.77 6.97 6.49 0.48 Total Loans 233,672 243,091 228,156 242,198 7.5% 242,198 229,291 5.6% Total Deposits 297,829 297,492 291,490 298,744 6.0% 298,744 292,324 2.2% Loan-to-deposit Ratio 78.46% 81.71% 78.27% 81.07% 1.13% 81.07% 78.44% 2.63% NPL Ratio 0.02% 0.02% 0.02% 0.05% 0.04% 0.05% 0.06% -0.01% Coverage Ratio 7571% 6871% 6144% 2685% -5050% 2685% 2408% 277% Reserve-to-loan Ratio 1.55% 1.30% 1.37% 1.47% 0.13% 1.47% 1.51% -0.04% CET1 Ratio 15.84% 16.58% 19.90% 19.92% -0.53% 19.92% 19.90% 0.02% Tier 1 Ratio 15.84% 16.58% 19.90% 19.92% -0.53% 19.92% 19.90% 0.02% CAR 17.00% 17.67% 21.07% 21.16% -0.43% 21.16% 21.03% 0.13%
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5 Financial Highlights: SinoPac Securities NT$Mn 2023 2024 2025 6M26 YoY 2Q26 1Q26 QoQ Recurring Income 9,379 13,027 13,783 11,189 100.9% 6,729 4,460 50.9% Net Interest Income 395 886 1,204 558 -0.3% 301 258 16.7% Net Fee Income 8,238 11,056 11,701 10,636 122.6% 6,378 4,257 49.8% Others 745 1,085 878 -5 -102.0% 50 -54 191.4% Capital Gains 1,384 2,056 2,453 4,047 538.6% 2,609 1,438 81.4% Other Revenues 1,544 1,892 1,929 1,424 38.6% 938 485 93.4% Net Revenues 12,306 16,974 18,165 16,659 130.4% 10,276 6,384 61.0% Operating Expenses -8,300 -10,201 -10,807 -8,166 -73.2% -4,787 -3,379 -41.7% Cost-income Ratio 67% 60% 59% 49% -16% 47% 53% -6% Net Income 3,836 5,831 6,487 7,354 249.4% 4,991 2,363 111.2% ROA 1.95% 2.32% 2.15% 3.67% 2.07% 4.66% 2.74% 1.91% ROE 12.02% 16.08% 16.53% 34.86% 23.38% 45.65% 23.07% 22.58% Total Assets 223,692 279,545 323,830 485,025 92.6% 485,025 374,471 29.5% Total Equity 34,237 38,276 40,230 44,857 25.7% 44,857 42,845 4.7% Total Assets / Total Equity (x) 6.53 7.30 8.05 10.81 3.75 10.81 8.74 2.07 CAR 338% 372% 363% 322% 1% 322% 319% 3% Brokerage market share 4.80% 4.78% 4.91% 5.02% 0.22% 5.00% 5.06% -0.06% Avg. balance of margin trading 18,013 28,253 26,396 47,125 82.3% 55,081 38,300 43.8% Margin trading market share 6.58% 6.99% 7.11% 7.79% 0.66% 7.98% 7.50% 0.48% Note: All the numbers were based on consolidated financial statements.
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6M26 2Q26 6 (+/-) -1,294 818 2,628 539 2,691 -145 2,545 QoQ -18% 65% 111% 239% 24% -59% 23% (+/-) 2,326 3,321 5,249 746 11,642 248 11,889 YoY 21% - 249% 305% 86% 28% 94% SinoPac Holdings: Profit Contribution by Subsidiaries LT Inv. Ratio 43.7% 14.9% 35.9% 5.5% Others SPS KTB BSP 6,085 2,069 4,991 765 13,910 13,519 -391 BSP KTB SPS Others Total LT Inv. Expenses & Tax SPH Net Income NT$Mn 53.6% 13.2% 29.3% 3.9% Others SPS KTB BSP 13,465 3,321 7,354 991 25,130 24,493 -638 BSP KTB SPS Others Total LT Inv. Expenses & Tax SPH Net Income Note: 1. SinoPac Holdings’ net income was its revenue deducted from interest expenses, operating expenses, and tax. 2. (+/-) was the current period deducted from the prior period, and a positive number/percentage change means a positive impact on profit and loss, and vice versa
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2Q26 7 (+/-) 2,883 -1,577 1,072 2,378 167 2,545 QoQ 11% -14% 74% 18% 8% 23% (+/-) 19,738 -6,161 -733 12,844 -955 11,889 YoY 56% -33% -66% 81% -29% 94% SinoPac Holdings: P&L Breakdown NT$Mn 29,082 13,519 -13,147 -2,032-384 15,551 Net Revenues Op exp. Provision Net profit before tax Tax & Others Net Income 55,282 24,493 -24,718 -4,231 -1,840 28,723 Net Revenues Op exp. Provision Net profit before tax Tax & Others Net Income 6M26 Note: 1. All the numbers are presented on consolidated basis. 2. (+/-) was the current period deducted from the prior period, and a positive number/percentage change means a positive impact on profit and loss, and vice versa
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17,305 24,628 11,202 18,960 7,037 11,693 35,543 55,282 6M25 6M26 8,831 9,473 11,505 11,931 12,697 4,735 5,620 5,521 9,232 9,729 3,317 4,813 1,914 5,036 6,657 16,884 19,906 18,940 26,199 29,082 2Q25 3Q25 4Q25 1Q26 2Q26 YoY +55.5% 8 QoQ +11.0% YoY +55.5% 25,792 38,282 45,606 19,686 22,344 30,102 18,946 13,764 18,420 64,423 74,390 94,128 2024 2025 Last 4 Quarters SinoPac Holdings: Net Revenues Breakdown Quarterly Yearly Year-to-date New High! NT$Mn Note: All the numbers were based on consolidated financial statements.
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2,646,863 2,886,358 8,224 8,805 9,488 9,854 10,436 2Q25 3Q25 4Q25 1Q26 2Q26 Interest earning assets FX Swap gains NII 10,058 9,6689,220 10,52910,207 -2.3bps QoQ -2.6bps -0.3bps +3.6bps -0.1bps QoQ +5.90% +3.15% 含Fx Swap gains +1.07% 9 Bank SinoPac: NIM & Spread Bank SinoPac: Interest Earning Assets & NII Bank SinoPac: NIM & Spread NT$Mn Note: All the numbers were based on consolidated financial statements. 3.49% 3.44% 3.47% 3.44% 3.41% 1.85% 1.81% 1.74% 1.63% 1.62% 1.64% 1.64% 1.73% 1.81% 1.79% 1.23% 1.30% 1.36% 1.40% 1.44% 1.38% 1.43% 1.44% 1.45% 1.45% 2Q25 3Q25 4Q25 1Q26 2Q26 Loan Deposit Spread NIM NIM(Including Fx Swap gains)
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79.7% 76.5% 75.8% 75.7% 10.4% 12.8% 13.6% 13.6% 2.8% 3.0% 3.1% 3.2% 7.1% 7.7% 7.5% 7.5% 2024 2025 1Q26 2Q26 TWD USD RMB Others 26.5% 26.4% 26.4% 26.7% YTD +8.1% +5.4% +4.1% +9.2% +14.3% 10 Bank SinoPac: Loan Structure1 Bank SinoPac: Loan by Customer Bank SinoPac: Loan by Currency NT$Mn Note: 1. All the numbers were based on consolidated financial statements; 2. Total loans included credit card revolving balance and factoring account receivables but excluded non-accrual loans. SME Loans / Total Loans 448,733 439,132 486,643 502,103 433,452 463,041 484,799 505,669 687,515 723,856 734,911 753,381 65,240 125,447 128,434 132,238 1,634,939 1,751,476 1,834,787 1,893,391 2024 2025 1Q26 2Q26 Non-SME SME Individual Consumer
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63.8% 67.1% 67.3% 65.4% 28.7% 25.2% 24.6% 25.8% 4.1% 4.3% 4.8% 4.9% 3.4% 3.4% 3.3% 3.9% 2024 2025 1Q26 2Q26 TWD USD RMB Others 50.7% 52.0% 52.5% 53.9% YTD +3.6% -10.5% +13.8% +9.6% +1.5% 11 Bank SinoPac: Deposit Portfolio Note: All the numbers were based on consolidated financial statements. 858,502 942,549 983,413 1,032,884 299,309 330,970 331,230 336,099 527,008 475,646 485,325 541,319 600,937 702,184 702,377 628,791 2,285,756 2,451,349 2,502,345 2,539,094 2024 2025 1Q26 2Q26 NTD Demand FX Demand FX Time NTD Time Demand deposit / Total deposit Bank SinoPac: Deposit by Products Bank SinoPac: Deposit by Currency NT$Mn
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12 QoQ -28% -264% -39% -4% 54% YoY 62% -140% 24% 27% 184% 6M26YoY 33% -111% 35% 13% 135% SinoPac Holdings: Fee Income 1,463 68 781 302 2,120 1,779 33 576 239 2,994 1,303 4 696 212 3,307 3,324 17 1,578 402 3,911 2,377 -27 969 385 6,025 4,735 5,620 5,521 9,232 9,729 Wealth Management Credit Card Loan Fx and Others Securities 2Q25 3Q25 4Q25 1Q26 2Q26 Net Fee Income 1Q26 2Q26 2Q25 3Q25 4Q25 QoQ +5.4% YoY +105.5% Note: All the numbers were based on consolidated financial statements. YTD Fee Income Mix NT$Mn 38% 17% 6% 38% 6M25 30% 13% 5% 52% 6M26 Securities Fx and Others Loan Credit Card Wealth Management YoY +69.3% 11,202 18,960
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13 16,884 19,906 18,940 26,199 29,082 9,380 9,819 10,280 11,571 13,147 56% 49% 54% 44% 45% 2Q25 3Q25 4Q25 1Q26 2Q26 35,543 55,282 18,558 24,718 52% 45% 6M25 6M26 64,423 74,390 94,128 32,558 38,657 44,818 51% 52% 48% 2024 2025 Last 4 Quarters SinoPac Holdings: Operating Expense Quarterly Yearly Year-to-date NT$Mn Note: All the numbers were based on consolidated financial statements.
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1.43% 1.39% 1.45% 1.42% 1.40% 14 Bank SinoPac: Asset Quality 3,897 3,979 3,273 3,252 4,247 23,943 23,861 25,167 25,847 26,225 0.23% 0.23% 0.19% 0.18% 0.23% -0.80% 1.20% - 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 12,000 13,000 14,000 15,000 16,000 17,000 18,000 19,000 20,000 21,000 22,000 23,000 24,000 25,000 26,000 27,000 28,000 29,000 30,000 31,000 32,000 33,000 2Q25 3Q25 4Q25 1Q26 2Q26 NPL Reserve NPL Ratio 614.39% 599.70% 768.93% 794.88% 617.52% Coverage Ratio Reserve/ Loan Ratio Note: 1. All the numbers were reported on regulator’s definition and based on consolidated basis. 2. All the numbers excluded credit card revolving balance and factoring account receivables. NT$Mn Bank SinoPac: Asset Quality1,2
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Appendix 1/14 15 NT$ Mn 2024 2025 2Q25 3Q25 4Q25 1Q26 2Q26 QoQ(%) YoY(%) YTD(%) Assets: Cash and cash equivalents, net 41,541 31,877 37,431 34,669 31,877 41,779 58,388 39.75 55.99 83.16 Due from the central bank and call loans to banks, net 154,822 271,089 195,560 245,498 271,089 283,061 283,989 0.33 45.22 4.76 Financial assets at fair value through profit or loss 163,695 188,873 120,500 135,988 188,873 193,958 207,034 6.74 71.81 9.62 Financial assets at fair value through other comprehensive income 385,260 460,376 360,880 402,074 460,376 467,434 421,234 -9.88 16.72 -8.50 Debt instrument investments measured at amortized cost 309,768 348,958 323,292 310,254 348,958 358,647 353,278 -1.50 9.28 1.24 Securities purchased under agreements to resell 106,566 102,717 93,399 83,540 102,717 61,263 88,153 43.89 -5.62 -14.18 Receivables, net 163,301 179,363 150,859 161,762 179,363 218,183 283,476 29.93 87.91 58.05 Current tax assets 436 291 332 386 291 452 388 -14.19 16.91 33.37 Assets classified as held for sale, net 0 12,259 0 0 12,259 0 0 - - -100.00 Discounts and loans, net 1,608,209 1,944,988 1,668,685 1,702,488 1,944,988 2,033,972 2,101,289 3.31 25.92 8.04 Investments accounted for using the equity method, net 1,044 1,084 984 1,045 1,084 1,124 1,166 3.74 18.51 7.58 Other financial assets, net 75,612 74,791 55,569 86,960 74,791 76,437 112,928 47.74 103.22 50.99 Investment property, net 2,146 2,345 2,138 2,108 2,345 2,320 2,317 -0.14 8.36 -1.22 Property, plant and equipment, net 13,595 18,831 13,614 13,708 18,831 18,813 18,795 -0.10 38.05 -0.20 Right-of-use assets 3,935 4,501 4,468 4,418 4,501 4,482 4,614 2.94 3.28 2.51 Intangible assets, net 2,279 12,988 7,876 8,236 12,988 12,729 12,615 -0.89 60.17 -2.87 Deferred tax assets 2,433 3,835 3,668 3,497 3,835 3,466 3,809 9.91 3.85 -0.67 Other assets, net 34,134 35,066 32,717 33,170 35,066 42,228 41,578 -1.54 27.08 18.57 Total Assets 3,068,775 3,694,234 3,071,972 3,229,802 3,694,234 3,820,349 3,995,049 4.57 30.05 8.14 Liabilities and equity Liabilities Deposits from the central bank and banks 86,467 136,951 92,424 82,207 136,951 123,115 116,620 -5.28 26.18 -14.85 Commercial paper payable, net 70,671 124,589 32,583 92,225 124,589 138,736 155,434 12.04 377.05 24.76 Financial liabilities at fair value through profit or loss 78,251 65,538 86,633 75,451 65,538 72,037 77,169 7.12 -10.92 17.75 Securities sold under agreement to repurchase 77,125 54,862 69,493 58,165 54,862 81,768 93,727 14.63 34.87 70.84 Payables 64,562 88,735 87,040 88,272 88,735 104,486 168,562 61.32 93.66 89.96 Current tax liabilities 2,821 3,224 3,540 2,766 3,224 4,555 3,954 -13.19 11.70 22.65 Liabilities related to assets classified as held for sale 0 10,417 0 0 10,417 0 0 - - -100.00 Deposit and remittances 2,271,907 2,730,044 2,297,444 2,407,348 2,730,044 2,779,617 2,815,449 1.29 22.55 3.13 Bonds payable 68,782 63,932 62,134 62,842 63,932 62,784 64,809 3.23 4.31 1.37 Short-term borrowings 6,643 7,998 5,598 5,120 7,998 11,258 21,559 91.51 285.09 169.54 Long-term borrowings 9,389 4,111 5,904 4,517 4,111 3,735 43 -98.84 -99.26 -98.94 Liabilities component of preferred stocks 18 18 18 18 18 18 18 0.00 0.00 0.00 Provisions 2,945 2,883 2,751 2,743 2,883 2,935 2,851 -2.89 3.61 -1.11 Other financial liabilities 98,611 121,842 94,485 106,573 121,842 138,491 179,846 29.86 90.34 47.61 Lease liabilities 3,495 4,097 4,038 4,010 4,097 4,066 4,211 3.58 4.29 2.80 Deferred tax liabilities 1,789 2,015 1,739 1,666 2,015 2,439 2,812 15.30 61.67 39.57 Other liabilities 19,914 14,878 18,244 17,126 14,878 22,191 20,290 -8.57 11.22 36.37 Total liabilities 2,863,392 3,436,135 2,864,070 3,011,050 3,436,135 3,552,231 3,727,357 4.93 30.14 8.48 Capital stock 126,859 144,923 131,172 131,172 144,923 144,923 147,822 2.00 12.69 2.00 Capital surplus 6,129 26,827 6,131 6,131 26,827 26,827 26,827 0.00 337.56 0.00 Retained earnings 78,086 89,927 75,965 83,738 89,927 101,559 96,761 -4.72 27.38 7.60 Other equity -5,691 -6,184 -7,236 -4,261 -6,184 -7,885 -6,412 NA -11.39 NA Total equity attributable to owners of the parent 205,383 255,493 206,031 216,780 255,493 265,425 264,998 -0.16 28.62 3.72 Non-controlling interests 0 2,606 1,871 1,972 2,606 2,693 2,694 0.01 43.97 3.37 TOTAL 3,068,775 3,694,234 3,071,972 3,229,802 3,694,234 3,820,349 3,995,049 4.57 30.05 8.14 Yearly Results SPH's Balance Sheet (Consolidated) Quarterly Results
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Appendix 2/14 16 NT$Mn BSP KTB SPS Trust Leasing Others Sum Adj. Items SPH (consolidated) (consolidated) (Consolidated) (Consolidated) (Consolidated) Assets: Cash and cash equivalents, net 44,041 2,606 17,431 487 647 5,333 70,545 -12,157 58,388 Due from the central bank and call loans to banks, net 240,316 43,673 0 0 0 0 283,989 0 283,989 Financial assets at fair value through profit or loss 87,770 6,279 109,647 11 0 3,328 207,034 0 207,034 Financial assets at fair value through other comprehensive income 356,946 49,884 13,904 0 0 499 421,234 0 421,234 Debt instrument investments measured at amortized cost 324,171 29,107 0 0 0 0 353,278 0 353,278 Securities purchased under agreements to resell 79,543 0 8,609 0 0 0 88,153 0 88,153 Receivables, net 78,070 3,382 194,636 40 7,373 5,028 288,530 -5,054 283,476 Current tax assets 1,328 0 351 22 318 2,544 4,563 -4,175 388 Discounts and loans, net 1,857,932 238,710 0 0 5,056 0 2,101,699 -410 2,101,289 Investments accounted for using the equity method, net 0 0 0 1,099 0 315,635 316,735 -315,569 1,166 Other financial assets, net 4,807 82 107,139 100 3,772 0 115,899 -2,971 112,928 Investment property, net 532 230 146 0 5,535 0 6,444 -4,128 2,317 Property, plant and equipment, net 10,816 4,894 2,202 7 255 21 18,196 599 18,795 Right-of-use assets 3,161 167 752 27 141 459 4,706 -92 4,614 Intangible assets, net 7,946 19 911 4 6 13 8,901 3,714 12,615 Deferred tax assets 2,138 368 884 4 361 71 3,827 -18 3,809 Other assets, net 10,980 1,898 28,412 121 148 51 41,610 -32 41,578 Total Assets 3,110,500 381,299 485,025 1,923 23,613 332,983 4,335,341 -340,292 3,995,049 Liabilities and equity Liabilities Deposits from the central bank and banks 97,349 19,271 0 0 0 0 116,620 0 116,620 Commercial paper payable, net 0 0 110,261 0 7,823 37,351 155,434 0 155,434 Financial liabilities at fair value through profit or loss 27,303 108 49,758 0 0 0 77,169 0 77,169 Securities sold under agreement to repurchase 59,737 3,814 30,177 0 0 0 93,727 0 93,727 Payables 38,572 3,357 115,021 47 258 16,362 173,617 -5,054 168,562 Current tax liabilities 1,763 602 1,140 9 43 4,589 8,147 -4,192 3,954 Deposit and remittances 2,530,122 298,754 0 0 0 0 2,828,877 -13,427 2,815,449 Bonds payable 52,810 0 7,000 0 0 5,000 64,809 0 64,809 Short-term borrowings 678 0 12,330 0 8,550 0 21,559 0 21,559 Long-term borrowings 0 0 0 0 453 0 453 -410 43 Liabilities component of preferred stocks 0 0 0 0 0 18 18 0 18 Provisions 2,245 161 322 22 27 73 2,851 0 2,851 Other financial liabilities 79,694 0 101,852 0 0 0 181,546 -1,700 179,846 Lease liabilities 3,289 174 761 27 495 526 5,273 -1,062 4,211 Deferred tax liabilities 1,595 83 836 130 165 4 2,812 0 2,812 Other liabilities 7,828 509 10,708 0 1,264 14 20,324 -33 20,290 Total liabilities 2,902,984 326,833 440,168 236 19,078 63,938 3,753,237 -25,880 3,727,357 Share capital 119,145 11,112 17,322 1,420 4,681 150,522 304,201 -156,380 147,822 Capital surplus 15,581 55 523 2 0 26,829 42,991 -16,164 26,827 Retained earnings 76,132 39,349 24,615 236 -84 98,089 238,338 -141,577 96,761 Other equity -6,036 3,949 2,397 29 -63 -6,395 -6,119 -293 -6,412 Total equity attributable to owners parent 204,822 54,466 44,857 1,687 4,535 269,045 579,411 -314,413 264,998 Non-controlling interests 2,694 0 0 0 0 0 2,694 0 2,694 TOTAL 3,110,500 381,299 485,025 1,923 23,613 332,983 4,335,341 -340,292 3,995,049 Balance Sheet of SPH and its subsidiaries for the 6 months ended Jun. 30, 2026
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Appendix 3/14 17 NT$ Mn 2024 2025 2Q25 3Q25 4Q25 1Q26 2Q26 QoQ(%) YoY(%) 6M25 6M26 YoY(%) Interest revenue 83,959 94,373 22,421 22,951 25,901 25,970 27,281 5.05 21.67 45,522 53,251 16.98 Interest expense -58,167 -56,091 -13,590 -13,478 -14,395 -14,039 -14,584 -3.88 -7.31 -28,217 -28,623 -1.44 Net interest Income 25,792 38,282 8,831 9,473 11,505 11,931 12,697 6.41 43.77 17,305 24,628 42.32 Net revenues other than interest Commissions and fee revenues, net 19,686 22,344 4,735 5,620 5,521 9,232 9,729 5.38 105.45 11,202 18,960 69.26 Gains on financial assets and liabilities at fair value through profit or loss 15,767 11,087 1,609 3,997 2,512 4,047 6,120 51.21 280.39 4,578 10,167 122.08 Realized gain (loss) on financial assets at fair value through other comprehensive income 1,656 1,269 321 800 -136 254 473 86.38 47.28 605 727 20.10 Net gain arising from derecognition of financial assets measured at amortised cost 39 -141 13 13 11 8 -132 -1,796.61 -1,106.89 -165 -124 24.60 Share of profit (loss) of associates and joint ventures accounted for using equity method 73 60 23 17 13 12 29 152.38 26.65 30 41 36.11 Foreign exchange gains, net 623 1,494 1,269 -251 55 335 -208 -162.05 -116.37 1,691 127 -92.49 (Impairment losses) reversal gains on assets -256 -928 -100 -11 -781 32 -57 -275.92 43.36 -136 -25 81.91 Rental revenue 218 225 55 55 61 59 59 0.16 8.00 109 118 7.91 Other revenues, net 812 697 128 193 179 290 373 28.50 190.65 325 663 104.13 Total net revenues 64,423 74,390 16,884 19,906 18,940 26,199 29,082 11.00 72.25 35,543 55,282 55.53 Bad debt expenses and guarantee liability provisions -4,571 -3,699 -219 -966 -1,626 -1,456 -384 73.63 -75.66 -1,107 -1,840 -66.23 Operating expenses -32,558 -38,657 -9,380 -9,819 -10,280 -11,571 -13,147 -13.63 -40.17 -18,558 -24,718 -33.20 Employee benefits expense -20,648 -24,160 -5,852 -6,374 -5,872 -7,946 -8,773 -10.40 -49.92 -11,915 -16,719 -40.32 Depreciation and amortization -2,501 -2,879 -687 -692 -814 -784 -962 -22.75 -40.07 -1,373 -1,746 -27.19 Others -9,409 -11,618 -2,841 -2,754 -3,594 -2,841 -3,413 -20.13 -20.11 -5,270 -6,253 -18.66 Bad debts and guarantee liability provisions & Operating expenses -37,129 -42,356 -9,598 -10,785 -11,906 -13,027 -13,532 -3.87 -40.98 -19,665 -26,558 -35.06 Income (loss) before income tax 27,295 32,034 7,285 9,121 7,034 13,172 15,551 18.06 113.46 15,879 28,723 80.89 Income tax (benefit) expense -5,066 -5,273 -1,779 -1,163 -999 -2,157 -2,040 5.41 -14.66 -3,111 -4,197 -34.93 Profit (loss) for the period 22,229 26,761 5,506 7,958 6,035 11,015 13,510 22.65 145.39 12,768 24,526 92.09 Profit or loss from discontinued operations 0 4 0 0 4 1 21 1,712.07 - 0 22 - Profit (loss) 22,229 26,765 5,506 7,958 6,039 11,017 13,531 22.83 145.77 12,768 24,548 92.26 Attributable to Profit(loss), attributable to owners of parent 22,229 26,569 5,401 7,938 6,028 10,974 13,519 23.20 150.29 12,603 24,493 94.34 Profit(loss), attributable to non-controlling interests - 195 104 19 11 43 12 -71.37 -88.20 165 55 -66.43 Yearly Results Quarterly Results YTD Results SPH's P&L (Consolidated)
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Appendix 4/14 18 NT$Mn BSP KTB SPS Trust Leasing Others Sum Adj. Items SPH (consolidated) (consolidated) (Consolidated) (Consolidated) (Consolidated) Interest revenue 44,796 5,054 2,820 6 657 8 53,342 -91 53,251 Interest expense -24,506 -1,858 -1,761 0 -216 -396 -28,737 115 -28,623 Net interest Income 20,290 3,197 1,059 6 442 -388 24,605 23 24,628 Net revenues other than interest Commissions and fee revenues, net 7,461 1,328 10,008 177 -2 0 18,972 -12 18,960 Gains on financial assets and liabilities at fair value through profit or loss 4,190 254 4,754 1 0 969 10,167 0 10,167 Realized gain (loss) on financial assets at fair value through other comprehensive income 399 149 178 0 0 0 727 0 727 Net gain arising from derecognition of financial assets measured at amortised cost -124 0 0 0 0 0 -124 0 -124 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0 0 40 0 25,131 25,171 -25,130 41 Foreign exchange gains, net 263 -175 39 0 -1 0 127 0 127 (Impairment losses) reversal gains on assets -20 -5 0 0 0 0 -25 0 -25 Rental revenue 41 9 11 0 144 0 205 -87 118 Other revenues, net 37 30 610 0 11 1 688 -25 663 Total net revenues 32,537 4,786 16,660 223 594 25,713 80,513 -25,231 55,282 Bad debt expenses and guarantee liability provisions -2,182 577 -14 0 -221 0 -1,840 0 -1,840 Operating expenses -14,273 -1,294 -8,167 -133 -337 -450 -24,654 -64 -24,718 Employee benefits expense -9,251 -745 -6,164 -86 -166 -307 -16,719 0 -16,719 Depreciation and amortization -1,120 -76 -310 -7 -99 -37 -1,648 -98 -1,746 Others -3,902 -474 -1,693 -40 -72 -107 -6,287 34 -6,253 Bad debts and guarantee liability provisions & Operating expenses -16,456 -718 -8,180 -133 -557 -450 -26,494 -64 -26,558 Income (loss) before income tax 16,081 4,068 8,480 90 36 25,263 54,019 -25,295 28,723 Income tax (benefit) expense -2,563 -600 -1,126 -18 -26 135 -4,197 0 -4,197 Profit (loss) for the period 13,518 3,468 7,354 73 10 25,398 49,821 -25,295 24,526 Profit or loss from discontinued operations 0 288 0 0 0 0 288 -266 22 Profit (loss) 13,518 3,756 7,354 73 10 25,398 50,109 -25,561 24,548 Attributable to Profit(loss), attributable to owners of parent 13,463 3,756 7,354 73 10 25,398 50,054 -25,561 24,493 Profit(loss), attributable to non-controlling interests 55 0 0 0 0 0 55 0 55 P&L of SPH and its subsidiaries for the 6 months ended Jun. 30, 2026
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Appendix 5/14 19 NT$Mn 2024 2025 2Q25 3Q25 4Q25 1Q26 2Q26 QoQ(%) YoY(%) YTD(%) Assets Cash and cash equivalents 35,045 22,093 26,390 27,937 22,093 31,241 44,041 40.97 66.89 99.34 Due from the central bank and call loans to banks 154,822 236,835 195,560 245,498 236,835 246,484 240,316 -2.50 22.89 1.47 Financial assets at fair value through profit or loss 81,596 64,531 66,456 59,179 64,531 84,976 87,770 3.29 32.07 36.01 Financial assets at fair value through other comprehensive income 367,563 409,312 341,688 383,536 409,312 402,807 356,946 -11.39 4.47 -12.79 Debt instrument investments measured at amortized cost 309,768 329,315 323,292 309,843 329,315 332,311 324,171 -2.45 0.27 -1.56 Securities purchased under agreements to resell 91,615 88,776 78,773 69,834 88,776 50,684 79,543 56.94 0.98 -10.40 Receivables, net 72,507 67,772 62,379 67,862 67,772 69,762 78,070 11.91 25.15 15.20 Current tax assets 1,347 1,213 1,274 1,322 1,213 1,374 1,328 -3.40 4.17 9.43 Discounts and loans, net 1,603,410 1,715,324 1,664,111 1,697,898 1,715,324 1,802,770 1,857,932 3.06 11.65 8.31 Other financial assets, net 24,354 1,528 5,186 1,580 1,528 1,590 4,807 202.30 -7.30 214.67 Investment property, net 583 546 580 553 546 533 532 -0.18 -8.28 -2.58 Property, plant and equipment, net 10,430 10,779 10,460 10,557 10,779 10,798 10,816 0.17 3.41 0.34 Right-of-use assets 2,909 3,090 3,262 3,180 3,090 3,054 3,161 3.51 -3.10 2.28 Intangible assets, net 1,777 7,768 7,376 7,724 7,768 7,884 7,946 0.80 7.73 2.29 Deferred tax assets 1,702 2,600 2,716 2,630 2,600 2,194 2,138 -2.55 -21.30 -17.77 Other assets, net 11,628 11,192 12,188 9,885 11,192 10,832 10,980 1.37 -9.91 -1.89 Total 2,771,059 2,972,676 2,801,693 2,899,017 2,972,676 3,059,295 3,110,500 1.67 11.02 4.64 Liabilities and Equity Liabilities Deposits from the central bank and banks 86,467 128,992 92,424 82,207 128,992 116,272 97,349 -16.28 5.33 -24.53 Financial liabilities at fair value through profit or loss 37,311 25,509 37,004 23,729 25,509 28,822 27,303 -5.27 -26.22 7.03 Securities sold under agreement to repurchase 32,914 17,226 25,359 16,735 17,226 39,009 59,737 53.14 135.57 246.78 Payables 27,853 31,026 30,834 37,404 31,026 30,632 38,572 25.92 25.09 24.32 Current tax liabilities 1,352 1,392 2,160 1,308 1,392 2,068 1,763 -14.72 -18.36 26.69 Deposit and remittance 2,276,482 2,442,303 2,301,108 2,411,931 2,442,303 2,493,445 2,530,122 1.47 9.95 3.60 Bank debentures 53,785 54,933 53,136 53,844 54,933 53,785 52,810 -1.81 -0.61 -3.87 Short-term borrowings 0 1,012 1,142 882 1,012 886 678 -23.43 -40.62 -32.99 Long-term borrowings 0 14 58 310 14 0 0 - -100.00 -100.00 Provisions 2,374 2,286 2,236 2,254 2,286 2,307 2,245 -2.70 0.40 -1.82 Other financial liabilities 55,084 57,396 52,589 59,696 57,396 71,658 79,694 11.21 51.54 38.85 Lease liabilities 3,022 3,214 3,384 3,313 3,214 3,173 3,289 3.65 -2.82 2.33 Deferred tax liabilities 1,252 1,268 1,292 1,288 1,268 1,662 1,595 -4.07 23.44 25.76 Other liabilities 8,080 3,928 8,870 6,504 3,928 7,320 7,828 6.94 -11.74 99.32 Total liabilities 2,585,976 2,770,500 2,611,597 2,701,406 2,770,500 2,851,039 2,902,984 1.82 11.16 4.78 Stockholders' equity of parent company Capital stock 103,782 110,735 110,735 110,735 110,735 110,735 119,145 7.59 7.59 7.59 Capital surplus 15,581 15,581 15,581 15,581 15,581 15,581 15,581 0.00 0.00 0.00 Retained earnings 73,136 78,849 70,119 75,118 78,849 86,784 76,132 -12.27 8.58 -3.45 Other equity -7,416 -5,596 -8,211 -5,795 -5,596 -7,538 -6,036 NA NA NA Total equity 185,083 199,570 188,226 195,640 199,570 205,563 204,822 -0.36 8.82 2.63 Non-controlling interests 0 2,606 1,871 1,972 2,606 2,693 2,694 0.01 43.97 3.37 TOTAL 2,771,059 2,972,676 2,801,693 2,899,017 2,972,676 3,059,295 3,110,500 1.67 11.02 4.64 Quarterly ResultsYearly Results BSP's Balance Sheet (Consolidated)
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Appendix 6/14 20 NT$ Mn 2024 2025 2Q25 3Q25 4Q25 1Q26 2Q26 QoQ(%) YoY(%) 6M25 6M26 YoY(%) Interest revenue 78,058 86,189 21,034 21,558 22,085 21,937 22,859 4.21 8.68 42,545 44,796 5.29 Interest expense -54,062 -51,798 -12,811 -12,753 -12,597 -12,083 -12,424 -2.82 3.02 -26,448 -24,506 7.34 Net interest Income 23,995 34,391 8,224 8,805 9,488 9,854 10,436 5.90 26.90 16,097 20,290 26.04 Net revenues other than interest Commissions and fee revenues, net 9,193 10,638 2,463 2,467 1,503 4,463 2,998 -32.82 21.72 6,668 7,461 11.90 Gains on financial assets and liabilities at fair value through profit or loss 11,767 6,423 365 2,267 1,521 2,332 1,857 -20.37 408.54 2,635 4,190 59.03 Gain (loss) on investment property 14 0 0 0 0 0 0 - - 0 0 - Realized gain (loss) on financial assets at fair value through other comprehensive income 1,226 658 240 254 -79 99 300 201.76 24.75 482 399 -17.17 Net gain arising from derecognition of financial assets measured at amortised cost 39 -141 13 13 11 8 -132 -1,796.61 -1,106.89 -165 -124 24.60 Foreign exchange gains, net -63 1,612 1,668 -347 -65 220 43 -80.32 -97.40 2,025 263 -87.00 (Impairment losses) reversal gains on assets -254 -933 -101 -10 -787 36 -56 -254.00 44.83 -136 -20 85.63 Rental revenue 86 84 21 21 21 21 20 -0.49 -2.49 42 41 -2.37 Other revenues, net 39 -167 -88 -8 -61 36 0 -99.75 100.10 -98 37 137.41 Total net revenues 46,042 52,563 12,805 13,461 11,552 17,070 15,467 -9.39 20.79 27,550 32,537 18.10 (Reversal of)Allowance for doubtful accounts and guarantees -3,709 -2,994 -29 -897 -1,307 -925 -1,258 -36.05 -4,244.19 -790 -2,182 -176.29 Operating expenses -21,040 -25,819 -6,634 -6,564 -6,091 -7,220 -7,054 2.30 -6.32 -13,164 -14,273 -8.43 Employee benefits expense -12,661 -15,404 -4,026 -4,000 -3,165 -4,811 -4,440 7.71 -10.28 -8,239 -9,251 -12.28 Depreciation and amortization -1,785 -2,126 -514 -514 -587 -558 -562 -0.66 -9.38 -1,026 -1,120 -9.24 Others -6,594 -8,288 -2,094 -2,049 -2,339 -1,850 -2,051 -10.87 2.02 -3,899 -3,902 -0.07 (Reversal of)Allowance for doubtful accounts and guarantees & Operating expenses -24,750 -28,812 -6,663 -7,461 -7,398 -8,144 -8,311 -2.05 -24.74 -13,954 -16,456 -17.93 Income (loss) before income tax 21,292 23,751 6,142 6,001 4,155 8,926 7,156 -19.83 16.50 13,596 16,081 18.28 Income tax (benefit) expense -3,876 -4,030 -1,106 -990 -745 -1,504 -1,059 29.61 4.23 -2,295 -2,563 -11.68 Profit (loss) 17,417 19,721 5,036 5,011 3,410 7,421 6,097 -17.85 21.06 11,301 13,518 19.62 Attributable to Profit(loss), attributable to owners of parent 17,417 19,526 4,932 4,992 3,399 7,378 6,084 -17.53 23.37 11,136 13,463 20.90 Profit(loss), attributable to non-controlling interests 0 195 104 19 11 43 12 -71 -88 165 55 -66 Yearly Results Quarterly Results YTD Results BSP's P&L (Consolidated)
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Appendix 7/14 21 NT$Mn 2024 2025 2Q25 3Q25 4Q25 1Q26 2Q26 QoQ(%) YoY(%) YTD(%) Assets Cash and cash equivalents 3,753 2,654 2,514 2,728 2,654 2,444 2,374 -2.90 -5.57 -10.58 Due from the central bank and call loans to banks 23,509 33,227 29,918 31,339 33,227 35,571 42,664 19.94 42.61 28.40 Financial assets at fair value through profit or loss 41,430 29,517 39,816 35,521 29,517 15,201 6,279 -58.69 -84.23 -78.73 Financial assets at fair value through other comprehensive income 45,874 41,377 35,123 40,903 41,377 48,734 49,843 2.28 41.91 20.46 Debt instrument investments measured at amortized cost 13,378 19,470 13,898 16,691 19,470 26,336 29,107 10.52 109.43 49.50 Receivables, net 1,306 1,572 3,361 1,396 1,572 2,309 1,945 -15.76 -42.11 23.74 Assets classified as held for sale 0 1,643 0 0 1,643 0 0 - - -100.00 Discounts and loans, net 239,967 225,061 222,436 222,343 225,061 225,871 238,710 5.68 7.32 6.06 Investments accounted for using equity method,net 3,830 430 2,071 2,101 430 449 452 0.70 -78.18 5.10 Other financial assets, net 0 2 1 0 2 0 3 606.50 269.84 90.74 Investment property, net 18 242 18 18 242 230 230 -0.12 1202.14 -4.79 Property, plant and equipment, net 4,994 4,857 5,049 5,054 4,857 4,875 4,878 0.04 -3.40 0.42 Right-of-use assets 231 200 236 214 200 179 159 -11.10 -32.63 -20.15 Deferred tax assets 291 315 291 426 315 375 368 -1.78 26.47 16.80 Other assets, net 1,632 2,361 1,457 1,490 2,361 2,532 2,806 10.84 92.67 18.85 Total 380,215 362,927 356,188 360,225 362,927 365,110 379,819 4.03 6.63 4.65 Liabilities and Equity Liabilities Deposits from the central bank and banks 16,365 7,959 9,022 9,741 7,959 6,843 19,271 181.63 113.61 142.15 Financial liabilities at fair value through profit or loss 16 26 19 23 26 174 108 -37.96 461.98 308.81 Securities sold under agreement to repurchase 8,770 5,844 3,782 2,686 5,844 5,592 3,814 -31.81 0.83 -34.75 Payables 1,576 1,952 2,500 4,338 1,952 2,615 1,871 -28.46 -25.18 -4.15 Current tax liabilities 741 424 861 498 424 580 593 2.14 -31.18 39.65 Deposit and remittance 297,504 291,504 281,956 282,376 291,504 292,324 298,770 2.21 5.96 2.49 Provisions 156 133 147 146 133 161 161 0.43 9.72 21.15 Lease liabilities 238 207 244 222 207 187 167 -10.83 -31.71 -19.61 Deferred tax liabilities 51 58 65 61 58 60 83 37.74 26.80 42.23 Other liabilities 170 178 175 179 178 345 516 49.67 194.39 189.85 Total liabilities 325,589 308,287 298,772 300,270 308,287 308,881 325,354 5.33 8.90 5.54 Stockholders' equity of parent company Capital stock 11,112 11,112 11,112 11,112 11,112 11,112 11,112 0.00 0.00 0.00 Capital surplus 55 55 55 55 55 55 55 0.00 0.00 0.00 Retained earnings 39,385 39,184 40,893 41,892 39,184 40,722 39,349 -3.37 -3.78 0.42 Other equity 4,074 4,289 5,356 6,895 4,289 4,339 3,949 -8.98 -26.27 -7.93 Total equity 54,626 54,641 57,416 59,955 54,641 56,229 54,466 -3.14 -5.14 -0.32 KTB's Balance Sheet (Standalone) Yearly Results Quarterly Results
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Appendix 8/14 22 NT$ Mn 2024 2025 2Q25 3Q25 4Q25 1Q26 2Q26 QoQ(%) YoY(%) 6M25 6M26 YoY(%) Interest revenue 10,178 10,006 2,690 2,343 2,384 2,463 2,589 5.14 -3.72 5,279 5,052 -4.29 Interest expense -4,779 -3,924 -957 -916 -912 -917 -941 -2.69 1.67 -2,096 -1,858 11.35 Net interest Income 5,399 6,082 1,732 1,427 1,472 1,546 1,648 6.59 -4.85 3,183 3,194 0.36 Net revenues other than interest Commissions and fee revenues, net 2,740 1,982 539 479 486 651 555 -14.75 2.96 1,017 1,206 18.61 Gains on financial assets and liabilities at fair value through profit or loss -4 822 256 238 166 -13 266 2,185.12 3.84 418 254 -39.36 Realized gain (loss) on financial assets at fair value through other comprehensive income 137 -1,054 -799 154 -136 98 50 -48.86 106.30 -1,071 149 113.89 Share of profit (loss) of associates and joint ventures accounted for using equity method 621 26 4 7 8 13 27 108.80 522.19 11 40 254.67 Foreign exchange gains, net 195 -9 -116 57 65 23 -198 -953.72 -70.29 -132 -175 -32.77 (Impairment losses) reversal gains on assets -70 550 371 1 2 -3 -2 30.04 -100.56 547 -5 -100.92 Other revenues, net 31 25 8 4 8 7 26 290.08 239.11 13 33 153.61 Total net revenues 9,049 8,424 1,995 2,366 2,071 2,323 2,373 2.16 18.96 3,986 4,696 17.82 (Reversal of)Allowance for doubtful accounts and guarantees -280 452 1,687 -605 -219 -358 935 361.04 -44.60 1,275 577 -54.78 Operating expenses -2,323 -2,966 -1,161 -640 -585 -598 -617 -3.22 46.88 -1,742 -1,214 30.27 Employee benefits expense -1,205 -1,835 -865 -335 -311 -332 -354 -6.47 59.11 -1,189 -686 42.33 Depreciation and amortization -127 -129 -32 -33 -34 -33 -34 -3.31 -7.00 -62 -67 -8.06 Others -990 -1,002 -264 -271 -240 -233 -229 1.44 13.30 -491 -462 5.87 (Reversal of)Allowance for doubtful accounts and guarantees & Operating expenses -2,602 -2,514 526 -1,244 -803 -956 318 133.26 -39.57 -466 -638 -36.73 Income (loss) before income tax 6,447 5,910 2,521 1,122 1,268 1,368 2,691 96.78 6.75 3,519 4,059 15.32 Income tax (benefit) expense -1,423 -1,067 -719 -125 -52 -116 -474 -307.46 34.05 -891 -591 33.69 Profit (loss) for the period 5,024 4,843 1,802 997 1,216 1,251 2,217 77.18 23.03 2,629 3,468 31.93 Profit or loss from discontinued operations 0 -1,051 -858 2 2 288 0 -100.00 100.00 -1,055 288 127.26 Profit (loss) 5,024 3,791 943 999 1,218 1,539 2,217 44.07 135.00 1,574 3,756 138.63 KTB's P&L (Standalone) Yearly Results Quarterly Results YTD Results
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Appendix 9/14 23 4Q24NT$Mn 2024 2025 2Q25 3Q25 4Q25 1Q26 2Q26 QoQ(%) YoY(%) YTD(%) Assets: Current assets 269,877 312,715 239,178 271,140 312,715 360,491 468,694 30.02 95.96 49.88 Cash and cash equivalents 8,366 8,033 12,157 8,922 8,033 11,292 17,431 54.36 43.38 117.00 Financial assets at fair value through profit or loss 79,884 92,191 51,655 74,199 92,191 90,993 109,529 20.37 112.04 18.81 Securities purchased under agreements to resell 14,951 13,941 14,626 13,707 13,941 10,579 8,609 -18.62 -41.14 -38.25 Margin loans receivable 59,191 64,717 47,128 53,635 64,717 79,653 109,918 38.00 133.23 69.84 Other current assets 107,485 133,833 113,611 120,677 133,833 167,973 223,207 32.88 96.47 66.78 Non-current assets 9,668 11,115 12,702 11,695 11,115 13,980 16,331 16.81 28.57 46.93 Financial assets at cost 2,061 2,500 2,116 2,495 2,500 2,930 2,503 -14.58 18.28 0.10 Properties and equipments, net 2,882 3,060 2,993 3,023 3,060 3,047 3,085 1.24 3.09 0.82 Intangible & other assets 4,725 5,555 7,594 6,177 5,555 8,003 10,743 34.23 41.47 93.40 Total assets 279,545 323,830 251,880 282,835 323,830 374,471 485,025 29.52 92.56 49.78 Liabilities and stockholders' equity Liabilities Current liabilities 231,293 277,463 208,220 238,384 277,463 325,447 431,553 32.60 107.26 55.54 Liabilities for bonds with attached repurchase agreements 44,211 31,791 44,134 41,430 31,791 37,167 30,177 -18.81 -31.62 -5.08 Futures traders' equity 42,277 59,047 40,492 45,443 59,047 61,487 90,163 46.64 122.67 52.70 Notes payable and accounts payable 27,088 45,885 35,398 40,591 45,885 63,484 100,240 57.90 183.18 118.46 Other current liabilities 117,717 140,741 88,196 110,920 140,741 163,309 210,972 29.19 139.21 49.90 Non-current liabilities 9,975 6,137 7,974 5,896 6,137 6,179 8,615 39.44 8.04 40.39 Total liabilities 241,269 283,599 216,194 244,280 283,599 331,626 440,168 32.73 103.60 55.21 Capital stock 16,648 16,892 16,892 16,892 16,892 16,892 17,322 2.54 2.54 2.54 Capital surplus 523 523 523 523 523 523 523 0.00 0.00 0.00 Retained earnings 19,513 20,918 16,889 19,434 20,918 23,383 24,615 5.27 45.75 17.67 Other items of equity 1,592 1,897 1,382 1,706 1,897 2,046 2,397 17.13 73.49 26.35 Total equity 38,276 40,230 35,686 38,555 40,230 42,845 44,857 4.69 25.70 11.50 TOTAL 279,545 323,830 251,880 282,835 323,830 374,471 485,025 29.52 92.56 49.78 SPS's Balance Sheet (Consolidated) YTD ResultsYearly Results Quarterly Results
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Appendix 10/14 Note: SPS’s numbers are based on accounting rules of securities firms. 24 NT$Mn 2024 2025 2Q25 3Q25 4Q25 1Q26 2Q26 QoQ(% ) YoY(% ) 6M25 6M26 YoY(% ) Net interest income 886 1,204 265 340 304 258 301 16.72 13.36 560 558 -0.30 Net fee income 11,056 11,701 2,388 3,278 3,645 4,257 6,378 49.83 167.06 4,777 10,636 122.65 Gains (Losses) on sales of securities, net 7,659 8,458 -1,127 3,849 5,877 12,118 19,738 62.89 1851.87 -1,268 31,856 2612.06 Dividend income 1,238 1,367 211 801 196 224 355 58.41 68.46 369 579 56.85 Gains (Losses) on warrant issued, net 331 141 -65 48 77 -163 -110 32.23 -70.92 16 -273 -1801.94 Gains (Losses) from futures transactions -2,603 -758 2,315 472 -4,065 -5,795 -12,742 -119.89 -650.35 2,836 -18,537 -753.61 Gains (Losses) from options transactions 123 15 4 0 20 -2 11 618.57 199.93 -6 9 252.56 Gains (Losses) from derivative instruments transactions -1,759 -1,778 146 -999 -961 -880 -2,674 -203.81 -1927.62 182 -3,554 -2053.33 Gains (Losses) from SBL transactions -1,896 -7,133 0 -2,168 -4,592 -1,760 -992 -6,546 -559.81 -201.97 -781 -7,538 -865.79 Gains (Losses) from valuation of operating securities -699 2,815 1,435 1,963 1,148 -3,299 4,542 237.68 216.58 -296 1,243 519.84 Other operating income 747 204 -374 181 210 173 85 -51.16 122.63 -187 258 237.97 Non-operating income-net 1,892 1,929 492 493 409 485 938 93.41 90.71 1,027 1,424 38.62 Total net revenues 16,974 18,165 3,524 5,835 5,100 6,384 10,276 60.97 191.60 7,230 16,659 130.43 Operating expenses -10,201 -10,807 0 -2,407 -2,912 -3,179 -3,379 -4,787 -41.66 -98.85 -4,716 -8,166 -73.16 loss on uncollectible accounts -7 3 2 4 -4 -13 0 97.84 -115.38 3 -14 -598.02 Pre-tax income (loss) 6,766 7,361 1,118 2,928 1,917 2,991 5,488 83.48 390.73 2,516 8,480 236.98 Income tax benefit (expense) -935 -874 -217 -211 -252 -628 -498 20.80 -128.96 -411 -1,126 -173.63 Net income (Loss) 5,831 6,487 901 2,717 1,665 2,363 4,991 111.21 453.86 2,105 7,354 249.36 YTD Results SPS's P&L (Consolidated) Yearly Results Quarterly Results
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Appendix 11/14 Note: Loans portfolio includes non-accrual loans. 25 NT$Mn Items 2024 2025 2Q25 3Q25 4Q25 1Q26 2Q26 QoQ(%) YoY(%) YTD(%) Corporate loans Manufacturing 178,788 190,407 178,387 185,647 190,407 214,259 212,084 -1.02 18.89 11.38 Electronics Indusrty 38,937 43,443 38,943 39,419 43,443 47,876 56,078 17.13 44.00 29.08 Raw Materials 56,337 66,513 57,098 62,700 66,513 73,560 73,225 -0.46 28.24 10.09 Conventional industry 83,514 80,451 82,345 83,528 80,451 92,823 82,782 -10.82 0.53 2.90 FI & security house & insurance 111,064 101,005 97,688 99,355 101,005 113,201 120,599 6.54 23.45 19.40 Installment & leasing 22,579 22,761 23,728 26,439 22,761 26,547 31,228 17.63 31.61 37.20 Construction & real estate 198,589 195,910 197,546 193,515 195,910 196,772 204,650 4.00 3.60 4.46 Wholesales/retail 68,493 73,438 72,437 73,267 73,438 84,850 88,454 4.25 22.11 20.45 Service industry 96,835 126,871 111,837 122,321 126,871 132,817 138,437 4.23 23.78 9.12 Logistics and warehousiing 27,932 32,898 32,580 34,969 32,898 36,121 39,555 9.51 21.41 20.23 Hospitality 6,046 6,255 6,001 6,480 6,255 6,821 7,487 9.75 24.75 19.69 Other services 62,857 87,718 73,256 80,872 87,718 89,875 91,395 1.69 24.76 4.19 Energy and Water 135,644 146,761 141,053 146,559 146,761 156,516 163,054 4.18 15.60 11.10 State-owned company 36,717 8,634 17,017 9,561 8,634 10,922 7,564 -30.74 -55.55 -12.40 Others 25,494 27,210 26,610 26,644 27,210 28,903 32,319 11.82 21.45 18.78 Factoring 9,375 9,940 5,771 6,158 9,940 7,396 10,251 38.61 77.62 3.13 Sub total 883,578 902,938 872,073 889,465 902,938 972,183 1,008,639 3.75 15.66 11.71 Individual loans Mortgage loans 686,185 723,905 706,196 718,008 723,905 735,054 753,109 2.46 6.64 4.03 Car loans 1,865 683 1,174 903 683 517 384 -25.72 -67.32 -43.82 Others 0 36 0 0 36 110 672 511.79 NA 1,766.68 Sub total 688,051 724,624 707,371 718,911 724,624 735,681 754,165 2.51 6.62 4.08 Consumer loans Unsecured loans and others 58,196 118,131 110,174 114,754 118,131 120,233 123,080 2.37 11.71 4.19 Credit card 7,217 7,462 7,173 8,267 7,462 7,306 9,315 27.49 29.85 24.83 Sub total 65,413 125,593 117,347 123,021 125,593 127,540 132,394 3.81 12.82 5.42 Total 1,637,041 1,753,155 1,696,791 1,731,397 1,753,155 1,835,403 1,895,198 3.26 11.69 8.10 Quarterly ResultsYearly Results BSP's Loan Breakdown (Consolidated)
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Appendix 12/14 Note: Loans portfolio includes non-accrual loans and is on a consolidated basis. 26 NT$Mn 2024 2025 2Q25 3Q25 4Q25 1Q26 2Q26 QoQ(%) YoY(%) 6M25 6M26 YoY(%) NPL 90-days NPLs - beginning 1,426 3,839 3,992 3,897 3,979 3,273 3,252 -0.65 -18.55 3,839 3,273 -14.74 New NPL influx 3,900 5,794 2,076 1,794 922 864 2,369 174.03 14.11 3,078 3,233 5.03 NPL recovery 1,486 3,388 1,373 409 1,258 429 373 -12.93 -72.81 1,721 802 -53.43 Write-offs 1,156 2,972 798 1,303 370 457 1,000 118.85 25.33 1,298 1,457 12.24 90-days NPLs - ending 2,685 3,273 3,897 3,979 3,273 3,252 4,247 30.60 8.97 3,897 4,247 8.97 Total reserves for loans 22,219 25,167 23,943 23,861 25,167 25,847 26,225 1.46 9.53 23,943 26,225 9.53 Provisions for loan loss 3,757 3,970 238 982 1,497 1,107 1,416 27.86 494.79 1,491 2,523 69.27 Recovery - Loan 444 759 184 153 254 210 194 -7.41 5.31 352 403 14.68 NPL ratio 0.17% 0.19% 0.23% 0.23% 0.19% 0.18% 0.23% 0.05% -0.01% 0.23% 0.23% -0.01% Coverage ratio 827.65% 768.93% 614.39% 599.69% 768.93% 794.88% 617.52% -177.36% 3.13% 614.39% 617.52% 3.13% BSP's Loan Asset Quality YTD ResultsYearly Results Quarterly Results
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Appendix 13/14 27 NT$Mn YTD Results 2024 2025 2Q25 3Q25 4Q25 1Q26 2Q26 QoQ(%) YoY(%) 6M25 6M26 YoY(%) Wealth management 5,832 6,825 1,385 1,689 992 2,973 2,076 -30.16 49.90 4,143 5,049 21.86 Mutual funds* 2,661 2,675 488 780 566 1,028 998 -2.91 104.53 1,328 2,026 52.52 Trust & custodian bank 770 784 190 190 210 213 262 22.93 37.78 384 476 23.86 Life insurance 2,339 3,311 691 705 201 1,719 800 -53.46 15.77 2,404 2,519 4.81 Property insurance 61 55 16 14 15 12 16 28.79 1.25 27 28 3.64 Loan fees 2,714 2,901 781 576 435 1,171 601 -48.65 -23.03 1,891 1,773 -6.23 Corporate loans 2,380 2,578 702 491 349 1,093 505 -53.75 -28.00 1,738 1,598 -8.02 Individual & consumer loans 248 239 60 63 65 58 70 20.86 15.39 111 127 14.68 Factoring & A/R financing 86 84 19 21 21 21 26 25.82 38.59 42 47 12.72 Credit card -26 134 68 33 4 17 -27 -264.10 -139.65 97 -11 -110.95 Others 672 778 228 168 72 303 348 14.93 52.25 537 650 21.03 Import & export service 295 305 77 75 77 82 86 5.56 12.67 153 168 9.75 Guarantees & acceptances 181 202 48 49 54 65 63 -1.81 32.50 98 128 30.11 Others 196 271 104 44 -58 156 198 26.73 90 286 354 23.94 Total fee income 9,193 10,638 2,463 2,467 1,503 4,463 2,998 -32.82 21.72 6,668 7,461 11.90 * : including overseas bonds Quarterly ResultsYearly Results BSP's Fee Breakdown (Consolidated)
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Appendix 14/14 28 NT$Mn 2024 2025 2Q25 3Q25 4Q25 1Q26 2Q26 QoQ(%) YoY(%) 6M25 6M26 YoY(%) Credit card business Cards in force(thousand) 2,239 2,479 2,398 2,446 2,479 2,523 2,553 1.21% 6.47% 2,398 2,553 6.47% Active cards(thousand) 1,346 1,546 1,504 1,529 1,546 1,539 1,521 -1.17% 1.15% 1,504 1,521 1.15% Account receivables 21,501 23,409 22,720 25,212 23,409 22,836 28,762 25.95% 26.60% 22,720 28,762 26.60% Revolving balance 3,712 3,815 3,672 3,750 3,815 3,785 3,722 -1.68% 1.36% 3,672 3,722 1.36% Total consumption 148,685 179,318 42,481 49,079 45,719 43,965 50,702 15.33% 19.35% 84,519 94,667 12.01% Avg spending per card(NT$) 116,822 119,166 28,314 32,170 29,648 28,615 33,164 15.90% 17.13% 57,274 61,768 7.85% Asset quality NPL ratio(90-day past due) 0.16% 0.14% 0.14% 0.14% 0.14% 0.14% 0.13% -0.01% -0.01% 0.14% 0.13% -0.01% Coverage ratio 424.28% 472.50% 439.48% 421.00% 472.50% 483.28% 466.72% -16.56% 27.24% 439.48% 466.72% 27.24% Write-offs 240 235 57 57 63 52 54 3.89% -5.10% 115 105 -7.99% Net charge off ratio -0.01% -0.10% -0.30% -0.21% -0.10% -0.12% -0.10% 0.02% 0.20% -0.30% -0.10% 0.20% BSP's Credit Card Business Yearly Results Quarterly Results YTD Results