Issuer: Apex International Co., Ltd.
Issuance date: 2 May 2024

The Taiwan Stock Exchange Corporation announced the 10th Corporate Governance Evaluation results on April 30, 2024. Apex ranked in the top 5% among listed companies for the first time and scored over 100 for the second consecutive year. In the electronics category of market capitalization between NTD 5 billion and NTD 10 billion, Apex also moved up to the top 5% for the first time, becoming the only listed company in the Printed Circuit Board industry to rank in the top 5%. This recognition highlights our efforts in strengthening corporate governance.

In the 10th evaluation, we performed well in all four dimensions of "safeguarding shareholder rights and treating shareholders equally," "strengthening the structure and operation of the board of directors," "enhancing information transparency," and "promoting sustainable development." In terms of "strengthening the structure and operation of the board of directors," Apex already includes a female director in the Board of Directors and established a Sustainable Development Committee, with half of its members being independent directors, thereby enhancing the independence of sustainable governance. Last year, we also obtained ISO 27001 Information Security Management System certification, aligning with international standards, and deepening Apex's sustainable operation framework and strength.

In terms of information transparency, Apex's 2023 Annual General Meeting was broadcast live online, the entire video recording was uploaded to our official website, allowing shareholders who were unable to attend to have access to the meeting content. Regarding information disclosure, Apex announced the Annual Report ahead of the statutory deadline and the Chinese version of financial reports within two months after the end of the fiscal year. Besides, since 2016, we have voluntarily prepared annual ESG reports in Chinese and English. In 2024, we released our first Task Force on Climate-Related Financial Disclosures and Risk Management Report (TCFD), ensuring investors have the right to access information promptly.

In terms of corporate sustainability, Apex has developed green energy and wastewater recycling systems. In 2021, we launched the "Apex Green Project" to enhance our renewable energy and water resource management. In 2023, our solar power generation system reduced carbon emissions by over 3,700 tons, and the wastewater recycling rate is approximately 30%. In addition, we are committed to social welfare, allocating funds annually to support local hospitals, communities, and schools. We also organize activities such as charity fairs, Songkran celebrations, and awarding diligent employees to promote the physical and mental well-being of our employees, creating the happiest workplace that is closest to our employees.

Apex knows that good corporate governance is a crucial cornerstone of sustainable development. We also received international recognition on global ratings. In the Sustainalytics ESG Risk Ratings from Morningstar, we received a low-risk rating. In the 2023 CDP Water Security Questionnaire, we achieved a management-level B score. Additionally, we have received the AREA awards from Enterprise Asia many times. In the future, Apex will continue to strengthen our corporate governance mechanisms, deepen our corporate sustainability development strategies, and collaborate with stakeholders to create a better future.