#TOPPANHoldings

The execution date of the second installment of the share transfer of consolidated subsidiary Giantplus is undecided, and arbitration has been filed with a Taiwanese arbitration institution based on the transfer agreement. The first installment of the transfer was completed on January 20, 2025.

As of December 31, 2025, TOPPAN Holdings Co., Ltd. is the largest shareholder with a 22.09% voting rights ownership. Transactions with the TOPPAN Group are conducted properly, ensuring the Company's independence.