VIA Technologies, Inc. and Subsidiaries Consolidated Financial Statements for the Nine Months Ended September 30, 2025 and 2024 and Independent Auditors' Review Report


Deloitte.

Deloitte & Touche

20F, Taipei Nan Shan Plaza No. 100, Songren Rd.,

Xinyi Dist., Taipei 110421, Taiwan

Tel :*886 (2) 2725-9988

Fax:+886 (2) 4051-6888

https://www.deloitte.com.tw

INDEPENDENT AUDITORS' REVIEW REPORT

The Board ofDirectors and Shareholders VIA Technologies, Inc.

Introduction

We have reviewed the accompanying consolidated balance sheets of VIA Technologies, Inc. and its subsidiaries (collectively, the "Group") as of September 30, 2025 and 2024, the related consolidated statements of comprehensive income for the three months ended September 30, 2025 and 2024 and for the nine months ended September 30, 2025 and 2024, the consolidated statements of changes in equity and cash flows for the nine months then ended, and the related notes to the consolidated financial statements, including material accounting policy information (collectively referred to as the "consolidated financial statements"). Management is responsible for the preparation and fair presentation of the 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" endorsed and issued into effect by the Financial Supervisory Commission of the Republic of China. Our responsibility is to express a conclusion on the 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 Standards on Review Engagements of the Republic of China 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity". A review of consolidated financial statements consists ofmaking 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.

Basis for Qualified Conclusion

As disclosed in Note 12 to the consolidated financial statements, the financial statements of some non-significant subsidiaries included in the consolidated financial statements referred to in the first paragraph were not reviewed. As of September 30, 2025 and 2024, the combined total assets of these non-significant subsidiaries were NT$602,494 thousand and NT$625,983 thousand, both representing 2% of the consolidated total assets, and the combined total liabilities of these subsidiaries were NT$l 13,268 thousand and NT$105,196 thousand, both representing 1% of the consolidated total liabilities; for the three months ended September 30, 2025 and 2024, the amounts of combined comprehensive income and loss of these subsidiaries were NT$(7,232) thousand and NT$13,2l7 thousand, respectively, representing (1%) and (72%), respectively, of the consolidated total comprehensive income and loss; for the nine months ended September 30, 2025 and 2024, the amounts of combined comprehensive income and loss of these subsidiaries were NT$(32,716) thousand and NT$38,550 thousand, respectively, representing 3% and 5%, respectively, of the consolidated total comprehensive income and loss. In addition, as disclosed in Note 13 to the consolidated financial statements, the financial statements of associates accounted for using the

equity method in the consolidated financial statements were not reviewed. As of September 30, 2025 and 2024, the aggregate carrying amount of these investments were NT$443,753 thousand and NT$591,842 thousand, respectively, and for the three months ended September 30, 2025 and 2024, the share of comprehensive income and loss of associates accounted for using the equity method was NT$(35,720) thousand and NT$(44,445) thousand, respectively; for the nine months ended September 30, 2025 and 2024, the share of comprehensive income and loss of associates accounted for using the equity method was NT$(135,861) thousand and NT$(86,112) thousand, respectively. Related investments information on subsidiaries and investments accounted for using the equity method stated above shown in Note 39 to the consolidated financial statements was also unreviewed.

Qualified Conclusion

Based on our reviews, except for adjustments, if any, as might have been determined to be necessary had the financial statements of some non-significant subsidiaries and investments accounted for using the equity method as described in the preceding paragraph been reviewed, nothing has come to our attention that caused us to believe that the accompanying consolidated financial statements do not present fairly, in all material respects, the consolidated financial position of the Group as of September 30, 2025 and 2024, its consolidated financial performance for the three months ended September 30, 2025 and 2024, and its consolidated financial performance and its consolidated cash flows for the nine months ended September 30, 2025 and 2024 in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers, and International Accounting Standard 34 "Interim Financial Reporting" endorsed and issued into effect by the Financial Supervisory Commission of the Republic of China.

The engagement partners on the reviews resulting in this independent auditors' review report are Pan-Fa Wang and Chin-Chuan Shih.



Deloitte & Touche Taipei, Taiwan Republic of China

November 11, 2025

Notice to Readers

The accompanying consolidatedfinancial statements are intended only to present the consolidated financial position, financial performance and cash fiows in accordance with accounting principles andpractices generally accepted in the Republic of China and not those of any other jurisdictions. The standards, procedures and practices to review such consolidated financial statements are those generally applied in the Republic of China.

For the convenience of readers, the independent auditors' review report and the accompanying consolidated financial statements have been translated into English from the original Chinese version prepared and used in the Republic of China. If there is any confiict between the English version and the original Chinese version or any difference in the interpretation of the two versions, the Chinese-language independent auditors' review report and consolidated financial statements shall prevail.

VIA TECHNOLOGIES, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(In Thousands of New Taiwan Dollars)

September 30, 2025 December 31, 2024 September 30, 2024

ASSETS

Amount

%

Amount

%

Amount

%

CURRENT ASSETS

Cash and cash equivalents (Note 6)

$ 12,724,603

38

$ 15,638,886

44

$ 16,463,359

45

Financial assets at fair value through profit or loss - current (Note 7)

476,059

1

338,197

1

301,948

1

Financial assets at amortized cost - current (Note 9)

2,340,860

7

3,661,985

10

1,834,245

5

Accounts receivable (Notes 10, 25 and 34)

330,778

1

457,047

1

453,033

1

Other receivables (Notes 10 and 34)

90,252

-

133,483

-

109,787

-

Current tax assets (Note 4)

2,807

-

-

-

-

-

Inventories (Note 11)

2,968,105

9

2,393,646

7

2,614,275

7

Other financial assets - current (Notes 18 and 35)

2,809,096

9

3,071,024

9

2,325,326

6

Other current assets (Note 18)

941,482

3

1,169,408

3

3,665,039

10

Total current assets

22,684,042

68

26,863,676

75

27,767,012

75

NON-CURRENT ASSETS

Financial assets at fair value through profit or loss - non-current (Note 7)

2,145,659

7

2,014,118

6

1,908,254

5

Financial assets at fair value through other comprehensive income - non-current (Note 8)

2,915,136

9

1,974,061

5

1,890,043

5

Financial assets at amortized cost - non-current (Note 9)

292,591

1

262,464

1

262,519

1

Investments accounted for using the equity method (Note 13)

443,753

1

567,514

2

591,842

2

Property, plant and equipment (Notes 14 and 35)

1,961,511

6

2,001,612

5

2,000,946

5

Right-of-use assets (Note 15)

179,183

1

221,930

1

238,699

1

Investment properties, net (Notes 16 and 35)

1,760,806

5

1,857,614

5

1,855,928

5

Intangible assets (Note 17)

285,676

1

145,542

-

171,132

1

Deferred tax assets (Note 4)

123,450

-

109,938

-

104,939

-

Other assets - non-current (Notes 18 and 35)

371,747

1

25,090

-

21,861

-

Total non-current assets

10,479,512

32

9,179,883

25

9,046,163

25

TOTAL

$ 33,163,554

100

$ 36,043,559

100

$ 36,813,175

100

LIABILITIES AND EQUITY

CURRENT LIABILITIES

Short-term bill payable (Note 19)

$ 233,023

1

$ 209,993

1

$ 208,995

1

Financial liabilities at fair value through profit or loss - current (Note 7)

-

-

995

-

2,050

-

Contract liabilities - current (Notes 25 and 34)

7,003,984

21

7,171,568

20

8,181,711

22

Notes payable and accounts payable (Notes 20 and 34)

752,757

2

1,113,563

3

1,032,538

3

Other payables (Notes 21 and 34)

1,620,506

5

1,861,932

5

1,667,864

4

Current tax liabilities (Note 4)

77,115

-

304,043

1

196,119

1

Provisions - current (Note 22)

217,900

1

132,398

-

159,947

-

Lease liabilities - current (Notes 15 and 34)

60,978

-

70,482

-

69,274

-

Current portion of long-term borrowings (Notes 19 and 35)

-

-

160,000

1

740,000

2

Other current liabilities (Notes 21 and 34)

135,276

-

105,511

-

68,813

-

Total current liabilities

10,101,539

30

11,130,485

31

12,327,311

33

NON-CURRENT LIABILITIES

Long-term borrowings (Notes 19 and 35)

899,174

3

1,350,000

4

1,830,000

5

Deferred tax liabilities (Note 4)

208,767

1

202,944

-

199,759

1

Lease liabilities - non-current (Notes 15 and 34)

64,268

-

93,065

-

106,287

-

Net defined benefit liabilities (Note 4)

271,723

1

271,516

1

322,487

1

Other non-current liabilities (Notes 21 and 34)

53,336

-

64,354

-

67,126

-

Total non-current liabilities

1,497,268

5

1,981,879

5

2,525,659

7

Total liabilities

11,598,807

35

13,112,364

36

14,852,970

40

EQUITY ATTRIBUTABLE TO OWNERS OF THE COMPANY (Note 24)

Share capital

5,556,009

17

5,552,960

16

5,550,599

15

Capital collected in advance

1,744

-

2,198

-

4,766

-

Capital surplus

7,294,285

22

7,285,029

20

7,283,264

20

Retained earnings

Legal reserve

901,576

3

789,763

2

789,763

2

Special reserve

126,745

-

184,561

1

184,561

1

Unappropriated earnings

6,212,627

19

6,988,293

19

6,306,141

17

Other equity

71,900

-

692,877

2

420,047

1

Total equity attributable to owners of the Company

20,164,886

61

21,495,681

60

20,539,141

56

NON-CONTROLLING INTERESTS (Note 24)

1,399,861

4

1,435,514

4

1,421,064

4

Total equity

21,564,747

65

22,931,195

64

21,960,205

60

TOTAL

$ 33,163,554

100

$ 36,043,559

100

$ 36,813,175

100

The accompanying notes are an integral part of the consolidated financial statements. (With Deloitte & Touche review report dated November 11, 2025)

- 3 -

VIA TECHNOLOGIES, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(In Thousands of New Taiwan Dollars, Except Earnings (Loss) Per Share)

For the Three Months Ended September 30 For the Nine Months Ended September 30

2025 2024 2025 2024

Amount

%

Amount

%

Amount

%

Amount

%

OPERATING REVENUE

(Notes 25 and 34)

$ 2,320,963

100

$ 5,293,325

100

$ 6,497,895

100

$ 10,413,777

100

OPERATING COSTS (Notes 11,

26 and 34)

1,890,097

81

4,048,877

76

4,979,168

76

7,612,359

73

GROSS PROFIT

430,866

19

1,244,448

24

1,518,727

24

2,801,418

27

OPERATING EXPENSES

(Notes 26 and 34)

Selling and marketing expenses

189,293

8

202,222

4

616,911

10

591,972

6

General and administrative

expenses

175,884

8

157,682

3

524,521

8

485,588

4

Research and development

expenses

421,621

18

470,788

9

1,379,547

21

1,444,471

14

Total operating expenses

786,798

34

830,692

16

2,520,979

39

2,522,031

24

(LOSS) PROFIT FROM OPERATIONS

(355,932)

(15)

413,756

8

(1,002,252)

(15)

279,387

3

NON-OPERATING INCOME AND EXPENSES (Notes 13,

26 and 34) Interest income

138,617

6

152,432

3

503,340

8

412,064

4

Other income

95,749

4

59,883

1

200,599

3

190,648

2

Other gains and losses

200,660

8

(140,251)

(3)

(69,572)

(1)

7,354

-

Finance costs

(7,225)

-

(16,420)

-

(25,936)

(1)

(44,830)

(1)

Share of profit or loss of

associates

(39,334)

(2)

(43,790)

(1)

(130,946)

(2)

(88,993)

(1)

Total non-operating income and expenses

388,467

16

11,854

-

477,485

7

476,243

4

PROFIT (LOSS) BEFORE INCOME TAX

32,535

1

425,610

8

(524,767)

(8)

755,630

7

INCOME TAX EXPENSE

(Notes 4 and 27)

(9,614)

-

(113,984)

(2)

(74,557)

(1)

(248,868)

(2)

NET PROFIT (LOSS) FOR THE PERIOD

22,921

1

311,626

6

(599,324)

(9)

506,762

5

OTHER COMPREHENSIVE INCOME OR LOSS (Note 24)

Items that will not be reclassified subsequently to profit or loss:

157,225

7

(125,713)

(2)

148,625

2

(86,888)

(1)

(12,641)

(1)

-

-

(3,731)

-

-

-

Unrealized gain or loss on investments in equity instruments at fair value through other comprehensive income

Income tax relating to items that will not be reclassified to profit or loss

(Continued)

VIA TECHNOLOGIES, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(In Thousands of New Taiwan Dollars, Except Earnings (Loss) Per Share)

For the Three Months Ended September 30 For the Nine Months Ended September 30

2025 2024 2025 2024

Amount % Amount % Amount % Amount %

Items that may be reclassified subsequently to profit or loss:

Exchange differences on

translating foreign operations

Share of the other comprehensive income of

$ 410,050

18

$ (203,605)

(4)

$ (757,198)

(12)

$ 362,238

4

associates 3,614

Other comprehensive

-

(655)

-

(4,915)

-

2,881

-

income or loss for the

period, net of income

tax 558,248

24

(329,973)

(6)

(617,219)

(10)

278,231

3

TOTAL COMPREHENSIVE INCOME OR LOSS FOR THE

PERIOD $ 581,169

NET PROFIT (LOSS)

25

$ (18,347)

-

$ (1,216,543)

(19)

$ 784,993

8

ATTRIBUTABLE TO:

Owners of the Company

$ 20,947

1

$ 294,958

6

$ (610,549)

(9)

$ 435,979

4

Non-controlling interests

1,974

-

16,668

-

11,225

-

70,783

1

$ 22,921

1

$ 311,626

6

$ (599,324)

(9)

$ 506,762

5

TOTAL COMPREHENSIVE INCOME OR LOSS ATTRIBUTABLE TO:

Owners of the Company

$ 554,821

24

$ (5,034)

-

$ (1,231,526)

(19)

$ 739,325

7

Non-controlling interests

26,348

1

(13,313)

-

14,983

-

45,668

1

$ 581,169

25

$ (18,347)

-

$ (1,216,543)

(19)

$ 784,993

8

EARNINGS (LOSS) PER SHARE (Note 28)

From continuing operations

Basic

$ 0.04

$ 0.59

$ (1.10)

$ 0.87

Diluted

$ 0.04

$ 0.58

$ (1.10)

$ 0.87

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

(With Deloitte & Touche review report dated November 11, 2025) (Concluded)

VIA TECHNOLOGIES, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

(In Thousands of New Taiwan Dollars)

BALANCE, JANUARY 1, 2024

Appropriation of 2023 earnings Legal reserve

Special reserve

Cash dividends distributed by the Company

Net profit for the nine months ended September 30, 2024

Other comprehensive income or loss for the nine months ended September 30, 2024 Total comprehensive income or loss for the nine months ended September 30, 2024 Issuance of ordinary shares for cash

Change in capital surplus from investments in associates Share-based payment transaction (Note 29)

Issuance of shares from exercise of employee share options

Changes in percentage of ownership interests in the subsidiary (Note 30) Cash dividends distributed by the subsidiary

BALANCE, SEPTEMBER 30, 2024

BALANCE, JANUARY 1, 2025

Appropriation of 2024 earnings Legal reserve

Special reserve

Cash dividends distributed by the Company

Net (loss) profit for the nine months ended September 30, 2025

Other comprehensive income or loss for the nine months ended September 30, 2025 Total comprehensive income or loss for the nine months ended September 30, 2025 Change in capital surplus from investments in associates

Issuance of shares from exercise of employee share options

Changes in percentage of ownership interests in the subsidiary (Note 30) Recognition of employee share options issued by the subsidiary (Note 29) Cash dividends distributed by the subsidiary

Changes in non-controlling interests BALANCE, SEPTEMBER 30, 2025

Equity Attributable to Owners of the Company

Other Equity Unrealized Gain or

Loss on Financial

Exchange

Assets at Fair Value

Total Equity

Capital Collected in

Retained Earnings

Unappropriated

Differences on

Translating Foreign

Through Other

Comprehensive

Unearned Employee

Attributable to

Owners of the

Non-controlling

Share Capital

Advance

Capital Surplus

Legal Reserve

Special Reserve

Earnings

Operations

Income

Benefits

Company

Interests

Total Equity

$ 4,991,227

$ 4,316

$ 1,270,865

$ 749,725

$ 176,605

$ 5,968,159

$ 222,793

$ (106,092 )

$ (603)

$ 13,276,995

$ 1,426,094

$ 14,703,089

-

-

-

40,038

-

(40,038 )

-

-

-

-

-

-

-

-

-

-

7,956

(7,956 )

-

-

-

-

-

-

-

-

-

-

-

(50,003 )

-

-

-

(50,003 )

-

(50,003 )

-

-

-

-

-

435,979

-

-

-

435,979

70,783

506,762

-

-

-

-

-

-

363,465

(60,119 )

-

303,346

(25,115 )

278,231

-

-

-

-

-

435,979

363,465

(60,119 )

-

739,325

45,668

784,993

550,000

-

5,954,936

-

-

-

-

-

-

6,504,936

-

6,504,936

-

-

51,237

-

-

-

-

-

603

51,840

-

51,840

-

-

482

-

-

-

-

-

-

482

-

482

9,372

450

10,245

-

-

-

-

-

-

20,067

-

20,067

-

-

(4,501 )

-

-

-

-

-

-

(4,501 )

10,677

6,176

-

-

-

-

-

-

-

-

-

-

(61,375 )

(61,375 )

$ 5,550,599

$ 4,766

$ 7,283,264

$ 789,763

$ 184,561

$ 6,306,141

$ 586,258

$ (166,211 )

$ -

$ 20,539,141

$ 1,421,064

$ 21,960,205

$ 5,552,960

$ 2,198

$ 7,285,029

$ 789,763

$ 184,561

$ 6,988,293

$ 897,793

$ (204,916 )

$ -

$ 21,495,681

$ 1,435,514

$ 22,931,195

-

-

-

111,813

-

(111,813 )

-

-

-

-

-

-

-

-

-

-

(57,816 )

57,816

-

-

-

-

-

-

-

-

-

-

-

(111,120 )

-

-

-

(111,120 )

-

(111,120 )

-

-

-

-

-

(610,549 )

-

-

-

(610,549 )

11,225

(599,324 )

-

-

-

-

-

-

(759,276 )

138,299

-

(620,977 )

3,758

(617,219 )

-

-

-

-

-

(610,549 )

(759,276 )

138,299

-

(1,231,526 )

14,983

(1,216,543 )

-

-

10,049

-

-

-

-

-

-

10,049

-

10,049

3,049

(454)

2,986

-

-

-

-

-

-

5,581

-

5,581

-

-

(8,879 )

-

-

-

-

-

-

(8,879 )

(3,222 )

(12,101 )

-

-

5,100

-

-

-

-

-

-

5,100

4,039

9,139

-

-

-

-

-

-

-

-

-

-

(55,545 )

(55,545 )

-

-

-

-

-

-

-

-

-

-

4,092

4,092

$ 5,556,009

$ 1,744

$ 7,294,285

$ 901,576

$ 126,745

$ 6,212,627

$ 138,517

$ (66,617 )

$ -

$ 20,164,886

$ 1,399,861

$ 21,564,747

The accompanying notes are an integral part of the consolidated financial statements. (With Deloitte & Touche review report dated November 11, 2025)

- 6 -

VIA TECHNOLOGIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (In Thousands of New Taiwan Dollars) For the Nine Months Ended

September 30

2025

2024

CASH FLOWS FROM OPERATING ACTIVITIES

(Loss) profit before income tax

$ (524,767)

$ 755,630

Adjustments for:

Depreciation expense

183,845

183,337

Amortization expense

85,167

91,233

Net gain on fair value changes of financial assets and liabilities at

fair value through profit or loss

(325,681)

(64,875)

Finance costs

25,936

44,830

Interest income

(503,340)

(412,064)

Dividend income

(6,057)

(24,574)

Compensation costs of employee share options

9,139

482

Share of profit or loss of associates

130,946

88,993

Loss on disposal of property, plant and equipment

11

365

Loss on changes in fair value of investment properties

-

42,302

Gain on lease modification

(785)

(2,676)

Changes in operating assets and liabilities

Accounts receivable

126,269

(39,998)

Other receivables

11,458

102,764

Inventories

(574,459)

(263,858)

Other current assets

227,926

(3,011,403)

Contract liabilities

(167,584)

5,567,980

Notes and accounts payable

(360,806)

173,136

Other payables

(293,157)

(48,181)

Provisions

85,502

(110,488)

Other current liabilities

29,765

3,559

Net defined benefit liabilities

207

906

Cash (used in) generated from operations

(1,840,465)

3,077,400

Interest received

535,286

417,909

Dividends received

6,057

24,574

Interest paid

(26,514)

(44,052)

Income tax paid

(306,037)

(312,378)

Net cash (used in) generated from operating activities

(1,631,673)

3,163,453

CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of financial assets at fair value through other comprehensive

income

(792,450)

(489,124)

Purchase of financial assets at amortized cost

(572,009)

(2,442,870)

Proceeds from sale of financial assets at amortized cost

1,862,834

979,751

Purchase of financial assets at fair value through profit or loss

(3,554,069)

(989,809)

Proceeds from sale of financial assets at fair value through profit or

loss

3,515,535

952,032

Acquisition of long-term equity investments using equity method

(3,855)

(304,909)

(Continued)

VIA TECHNOLOGIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (In Thousands of New Taiwan Dollars) For the Nine Months Ended

September 30

2025

2024

Payments for property, plant and equipment

$ (114,161)

$ (147,311)

Proceeds from disposal of property, plant and equipment

422

630

Refundable deposits paid

(2,055)

(1,597)

Refundable deposits refunded

119

1,036

Payments for intangible assets

(243,297)

(86,894)

Increase in other financial assets

(7,897)

(2,288,480)

Dividends received from associates

1,804

1,069

Net cash generated from (used in) investing activities 90,921 (4,816,476)

CASH FLOWS FROM FINANCING ACTIVITIES

Increase in short-term bills payable

652,030

208,995

Repayments of short-term bills payable

(629,000)

-

Proceeds from long-term borrowings

49,174

750,000

Repayments of long-term borrowings

(660,000)

(380,000)

Guarantee deposits received

9,349

12,454

Guarantee deposits refunded

(16,970)

(2,186)

Repayment of the principal portion of lease liabilities

(52,667)

(45,297)

Distribution of cash dividends

(111,120)

(50,003)

Proceeds from issuance of ordinary shares

-

6,504,936

Proceeds from exercise of employee share options

5,581

20,067

Partial disposal of interests in the subsidiary without a loss of control

(8,009)

6,176

Dividends paid to non-controlling interests

(55,545)

(61,375)

Net cash (used in) generated from financing activities

(817,177)

6,963,767

EFFECTS OF EXCHANGE RATE CHANGES ON THE BALANCE OF CASH HELD IN FOREIGN CURRENCIES

(556,354)

232,345

NET (DECREASE) INCREASE IN CASH AND CASH

EQUIVALENTS (2,914,283) 5,543,089

CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE

PERIOD 15,638,886 10,920,270

CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD $ 12,724,603 $ 16,463,359

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

(With Deloitte & Touche review report dated November 11, 2025) (Concluded)

VIA TECHNOLOGIES, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2025 AND 2024 (In Thousands of New Taiwan Dollars, Unless Stated Otherwise)
  1. GENERAL INFORMATION

    VIA Technologies, Inc. ("VIA" or the "Company") was incorporated in September 1992, VIA Technologies, Inc. and its subsidiaries (the "Group") under the Company Law of the Republic of China to engage in the programming, designing, manufacturing and selling of semiconductors and PC chipsets.

    The Company's shares have been listed on the Taiwan Stock Exchange since March 1999. In September 2024, the Company increased its share capital and issued Global Depositary Receipts (GDRs), which are listed on the Luxembourg Stock Exchange.

    The consolidated financial statements are presented in the Company's functional currency, the New Taiwan dollar.

  2. APPROVAL OF FINANCIAL STATEMENTS

    The consolidated financial statements were approved by the Company's board of directors on November 11, 2025.

  3. APPLICATION OF NEW, AMENDED AND REVISED STANDARDS AND INTERPRETATIONS

    1. Initial application of the amendments to the International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), IFRIC Interpretations (IFRIC), and SIC Interpretations (SIC) (collectively, the "IFRS Accounting Standards") endorsed and issued into effect by the FSC

      Amendments to IAS 21 "Lack of Exchangeability"

      The initial application of the Amendments to IAS 21 "Lack of Exchangeability" did not have a material impact on the Group's accounting policies.

    2. The IFRS Accounting Standards endorsed by the FSC for application starting from 2026

      New, Amended and Revised Standards and Interpretations

      Effective Date

      Announced by IASB

      Amendments to IFRS 9 and IFRS 7 "Amendments to the Classification and Measurement of Financial Instruments"

      Amendments to IFRS 9 and IFRS 7 "Contracts Referencing Nature-dependent Electricity"

      January 1, 2026

      January 1, 2026

      Annual Improvements to IFRS Accounting Standards - Volume 11 January 1, 2026

      IFRS 17 "Insurance Contracts" (including the 2020 and 2021 amendments to IFRS 17)

      January 1, 2023

      As of the date the consolidated financial statements were authorized for issue, the Group is continuously assessing the possible impact of the application of the amendments on the Group's financial position and financial performance and will disclose the relevant impact when the assessment is completed.

    3. The IFRS Accounting Standards in issue but not yet endorsed and issued into effect by the FSC

      New, Amended and Revised Standards and Interpretations

      Effective Date

      Announced by IASB (Note 1)

      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 IASB

      IFRS 18 "Presentation and Disclosure in Financial Statements" January 1, 2027 (Note 2)

      IFRS 19 "Subsidiaries without Public Accountability: Disclosures" (including the 2025 amendments to IFRS 19)

      January 1, 2027

      Note 1: Unless stated otherwise, the above IFRS Accounting Standards are effective for annual reporting periods beginning on or after their respective effective dates.

      Note 2: On September 25, 2025, the FSC announced that IFRS 18 will take effect starting from January 1, 2028. Domestic entities could elect to apply IFRS 18 for an earlier period after the endorsement of IFRS 18 by the FSC.

      IFRS 18 "Presentation and Disclosure in Financial Statements"

      IFRS 18 will supersede IAS 1 "Presentation of Financial Statements". The main changes comprise:

      1. Items of income and expenses included in the statement of profit or loss shall be classified into the operating, investing, financing, income taxes and discontinued operations categories.

      2. The statement of profit or loss shall present totals and subtotals for operating profit or loss, profit or loss before financing and income taxes and profit or loss.

      3. Provides guidance to enhance the requirements of aggregation and disaggregation: The Group shall identify the assets, liabilities, equity, income, expenses and cash flows that arise from individual transactions or other events and shall classify and aggregate them into groups based on shared characteristics, so as to result in the presentation in the primary financial statements of line items that have at least one similar characteristic. The Group shall disaggregate items with dissimilar characteristics in the primary financial statements and in the notes. The Group labels items as "other" only if it cannot find a more informative label.

      4. Disclosures on Management-defined Performance Measures (MPMs): When in public communications outside financial statements and communicating to users of financial statements management's view of an aspect of the financial performance of the Group as a whole, the Group shall disclose related information about its MPMs in a single note to the financial statements, including the description of such measures, calculations, reconciliations to the subtotal or total specified by IFRS Accounting Standards and the income tax and non-controlling interests effects of related reconciliation items.

        Except for the above impact, as of the date the consolidated financial statements were authorized for issue, the Group is continuously assessing the other impacts of the above amended standards and interpretations on the Group's financial position and financial performance and will disclose the relevant impact when the assessment is completed.

  4. SUMMARY OF MATERIAL ACCOUNTING POLICY INFORMATION Statement of Compliance

    These interim consolidated financial statements have been prepared in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers, or other regulations and IAS 34 "Interim Financial Reporting" as endorsed and issued into effect by the FSC. Disclosure information included in these interim consolidated financial statements is less than the disclosure information required in a complete set of annual consolidated financial statements.

    Basis of Preparation

    The consolidated financial statements have been prepared on the historical cost basis except for financial instruments and investment properties which are measured at fair value and net defined benefit liabilities which are measured at the present value of the defined benefit obligation less the fair value of plan assets.

    The fair value measurements, which are grouped into Levels 1 to 3 based on the degree to which the fair value measurement inputs are observable and based on the significance of the inputs to the fair value measurement in its entirety, are described as follows:

    1. Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities;

    2. Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for an asset or liability, either directly (i.e., as prices) or indirectly (i.e., derived from prices); and

    3. Level 3 inputs are unobservable inputs for an asset or liability.

      Basis of Consolidation

      The consolidated financial statements incorporate the financial statements of the Company and the entities controlled by the Company (i.e., its subsidiaries). Income and expenses of subsidiaries acquired or disposed of during the period are included in the consolidated statement of profit or loss and other comprehensive income from the effective dates of acquisitions up to the effective dates of disposals, as appropriate. When necessary, adjustments are made to the financial statements of subsidiaries to bring their accounting policies into line with those used by the Company. All intra-group transactions, balances, income and expenses are eliminated in full upon consolidation. Total comprehensive income of subsidiaries is attributed to the owners of the Company and to the non-controlling interests even if this results in the non-controlling interests having a deficit balance.

      Changes in the Group's ownership interests in subsidiaries that do not result in the Group losing control over the subsidiaries are accounted for as equity transaction. The carrying amounts of the Group's interests and the non-controlling interests are adjusted to reflect the changes in their relative interests in the subsidiaries. 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 and attributed to the owners of the Company.

      See Note 12, Table 6 and Table 7 for the detailed information of subsidiaries (including the percentage of ownership and main business).

      Other Material Accounting Policies

      Except for the following, please refer to the consolidated financial statements for the year ended December 31, 2024.

      1. Retirement benefits

        Pension cost for an interim period is calculated on a year-to-date basis by using the actuarially determined pension cost rate at the end of the prior financial year, adjusted for significant market fluctuations since that time and for significant plan amendments, settlements, or other significant one-off events.

      2. Income tax expense

      Income tax expense represents the sum of the tax currently payable and deferred tax. Interim period income taxes are assessed on an annual basis and calculated by applying to an interim period's pre-tax income the tax rate that would be applicable to expected total annual earnings.

  5. MATERIAL ACCOUNTING JUDGMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In the application of the Group's accounting policies, management is required to make judgments, estimations, and assumptions on the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates.

When developing material accounting estimates, the Group considers the possible impact of US reciprocal tariffs on the cash flow projection, growth rates, discount rates, profitability and other relevant material estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimates are revised if the revisions affect only that period or in the period of the revisions and future periods if the revisions affect both current and future periods. Please refer to the consolidated financial statements for the year ended December 31, 2024.

6. CASH AND CASH EQUIVALENTS

September 30,

2025

December 31,

2024

September 30,

2024

Cash on hand

$ 930

$ 1,176

$ 1,300

Checking accounts and demand deposits

Cash equivalents (investments with original

5,757,139

6,171,840

9,654,009

maturities of less than three months)

Time deposits

6,866,534

9,239,864

6,604,022

Repurchase agreements collateralized by bonds

100,000

226,006

204,028

$ 12,724,603

$ 15,638,886

$ 16,463,359

The market rate intervals of cash equivalents at the end of the reporting period were as follows:

September 30,

2025

December 31,

2024

September 30,

2024

Time deposits

1.58%-4.51%

1.50%-4.95%

1.23%-5.53%

Repurchase agreements collateralized by bonds

1.55%

1.02%-1.50%

1.02%-1.50%

  1. FINANCIAL INSTRUMENTS AT FAIR VALUE THROUGH PROFIT OR LOSS (FVTPL) September 30, 2025 December 31, 2024 September 30, 2024

    Financial assets at FVTPL - current

    Financial assets classified as at FVTPL Non-derivative financial assets

    Domestic listed shares

    $ 469,013

    $ 338,169

    $ 301,905

    Overseas listed shares

    19

    28

    43

    Mutual funds

    7,027

    -

    -

    $ 476,059

    $ 338,197

    $ 301,948

    Financial assets at FVTPL - non-current

    Financial assets mandatorily classified as at

    FVTPL

    Non-derivative financial assets

    Domestic unlisted shares

    $ 69,009

    $ 48,653

    $ 46,811

    Overseas unlisted shares

    1,401,920

    1,496,396

    1,411,676

    Domestic public convertible bonds

    484,380

    -

    -

    Domestic private convertible bonds

    -

    414,447

    411,305

    Overseas private convertible bonds

    15,223

    16,393

    15,825

    Overseas unlisted equity investments

    175,127

    38,229

    22,637

    $ 2,145,659

    $ 2,014,118

    $ 1,908,254

    Financial liabilities at FVTPL - current

    Financial liabilities mandatorily classified as at FVTPL

    Derivative financial liabilities (not under hedge accounting)

    Foreign exchange forward contracts

    $ -

    $ 995

    $ 2,050

    At the end of the reporting period, outstanding foreign exchange forward contracts not under hedge accounting were as follows:

    September 30, 2025: None.

    December 31, 2024 Amount Maturity Date Rate of Exchange

    Buy forward foreign exchange (USD:NTD) USD11,000 2025.01.03 $32.68-$32.69

    September 30, 2024 Amount Maturity Date Rate of Exchange

    Buy forward foreign exchange (USD:NTD) USD4,000 2024.10.11-2024.11.29 $31.54-$32.25

    The Group held derivative financial instruments for trading purpose and earned profit from foreign exchange rate fluctuation.

  2. FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME (FVTOCI)

    September 30,

    2025

    December 31,

    2024

    September 30,

    2024

    Non-current

    Investments in equity instruments at FVTOCI Overseas unlisted shares

    $ 86,521

    $ 123,867

    $ 145,824

    Overseas unlisted equity investments

    2,828,615

    1,850,194

    1,744,219

    $ 2,915,136

    $ 1,974,061

    $ 1,890,043

    These investments in equity instruments are not held for trading. Instead, they are held for medium to long-term strategic purposes. Accordingly, the management elected to designate these investments in equity instruments as at FVTOCI as they believe that recognizing short-term fluctuations in these investments' fair value in profit or loss would not be consistent with the Group's strategy of holding these investments for long-term purposes.

    In accordance with the Q&A issued by the FSC, for the investments in the limited partnership held before June 30, 2023 in which the investment contract stipulates that the limited partnership has a limited duration and whether the duration can be extended is subject to the resolution of partners in the partners' meeting, the Group elected not to retrospectively apply the Q&A "Classification of Investments in a Limited Partnership" issued by the Accounting Research and Development Foundation (ARDF), and therefore the abovementioned investments are still classified as investments in equity instruments at FVTOCI.

  3. FINANCIAL ASSETS AT AMORTIZED COST September 30, 2025 December 31, 2024 September 30, 2024

    Current

    Time deposits with original maturities of more

    than 3 months (a) $ 2,340,860 $ 3,661,985 $ 1,834,245

    Non-Current

    Corporate bonds (b) $ 292,591 $ 262,464 $ 262,519

    The market intervals of time deposits with original maturities of more than 3 months in the bank at the end of the reporting period were as follows:

    September 30,

    2025

    December 31,

    2024

    September 30,

    2024

    Time deposits with original maturities of more than 3 months

    1.34%-4.65%

    1.54%-4.80%

    1.34%-5.30%

    As of September 30, 2025, December 31, 2024 and September 30, 2024, the Group held a repurchase agreement with corporate bonds measured at amortized cost, with a face value of $290,000 thousand,

    $260,000 thousand and $260,000 thousand, respectively. The coupon rate were 3.70%-3.80%, 3.70% and 3.70%, respectively. The effective interest rate were 3.58%-3.68%, 3.58% and 3.58%, respectively.

    The Group invests only in debt instruments that are rated the equivalent of investment grade or higher and have low credit risk for the purpose of impairment assessment. The credit rating information is supplied by independent rating agencies. The Group's exposure and the external credit ratings are continuously monitored. The Group reviews changes in bond yields and other publicly available information and makes an assessment whether there has been a significant increase in credit risk since initial recognition. As of September 30, 2025, the Group has assessed that there are no expected credit losses for the aforementioned debt instruments.

  4. ACCOUNTS RECEIVABLE AND OTHER RECEIVABLES

September 30,

December 31,

September 30,

2025

2024

2024

Accounts receivable

Accounts receivable

$ 346,208

$ 475,171

$ 469,384

Accounts receivable - related parties

3,529

1,241

2,817

Less: Allowance for impairment loss

(18,959)

(19,365)

(19,168)

$ 330,778

$ 457,047

$ 453,033

Other receivables

Other receivables - related parties

$ 1,221

$ 1,432

$ 5,801

Interest receivable

51,044

82,817

37,024

Others

37,987

49,234

66,962

$ 90,252

$ 133,483

$ 109,787

Receivables

The average credit period of sales

of

goods was 60 to 90 days.

In determining the

recoverability of

receivables, the Group considers any changes in the credit quality of the receivable from the date the credit was initially granted to the end of the reporting period. The Group adopted a policy of only dealing with entities that have good credit rating and obtaining sufficient collateral, where appropriate, as a means of mitigating the risk of financial loss from defaults. Credit rating information is obtained from publicly available financial information or the Group's own trading records to rate its major customers. The Group's exposure and the credit ratings of its counterparties are continuously monitored, and the aggregate value of transactions concluded is spread amongst approved counterparties.

Before accepting any new customer, the Group evaluates the potential customer's credit quality and defines the credit limits and ratings of the customers. The Group evaluates the financial performance periodically for the adjustment of credit limits once a year.

The Group uses lifetime expected loss provision for all trade receivables. The expected credit losses on trade receivables are estimated using a provision matrix by reference to past default experience of the debtor and an analysis of the debtor's current financial position, adjusted for general economic conditions of the industry in which the debtor operates and an assessment of both the current as well as the forecast direction of economic conditions at the reporting date. As the Group's historical credit loss experience does not show significantly different loss patterns for different customer segments, the provision for loss allowance based on past due status is not further distinguished according to the Group's different customer base.

The Group writes off accounts receivable when there is information indicating that the debtor is in severe financial difficulty and there is no realistic prospect of recovery. For accounts receivable that have been written off, the Group continues to engage in enforcement activity to attempt to recover the receivables due. Where recoveries are made, these are recognized in profit or loss.

The following table details the loss allowance of accounts receivable (including related parties) based on the Group's provision matrix.

September 30, 2025

Not Past Due

Less than 60 Days

61 to 90 Days

Over 90 Days

Total

Expected credit loss rate

0.50%-10%

10%-30%

30%-50%

100%

Gross carrying amount

$ 315,879

$ 30,464

$ 2,989

$ 405

$ 349,737

Loss allowance (Lifetime

ECLs)

(7,921)

(9,139)

(1,494)

(405)

(18,959)

Amortized cost

$ 307,958

$ 21,325

$ 1,495

$ -

$ 330,778

December 31, 2024

Not Past Due

Less than 60 Days

61 to 90 Days

Over 90 Days

Total

Expected credit loss rate

0.50%-10%

10%-30%

30%-50%

100%

Gross carrying amount

$ 456,694

$ 18,982

$ 139

$ 597

$ 476,412

Loss allowance (Lifetime

ECLs)

(13,004)

(5,695)

(69)

(597)

(19,365)

Amortized cost

$ 443,690

$ 13,287

$ 70

$ -

$ 457,047

September 30, 2024

Not Past Due

Less than 60 Days

61 to 90 Days

Over 90 Days

Total

Expected credit loss rate

0.50%-10%

10%-30%

30%-50%

100%

Gross carrying amount

$ 435,620

$ 36,222

$ 288

$ 71

$ 472,201

Loss allowance (Lifetime

ECLs)

(8,086)

(10,867)

(144)

(71)

(19,168)

Amortized cost

$ 427,534

$ 25,355

$ 144

$ -

$ 453,033

The above aging schedule was based on the past due days.

The movements of the loss allowance of accounts receivable (including related parties) were as follows:

For the Nine Months Ended

September 30

2025

2024

Balance on January 1

$ 19,365

$ 19,004

Foreign exchange gains and losses

(406)

164

Balance on September 30

$ 18,959

$ 19,168

11.

INVENTORIES

September 30,

2025

December 31,

2024

September 30,

2024

Merchandise

$ 119,080

$ 136,803

$ 135,003

Finished goods

399,938

523,492

338,083

Work-in-process

1,608,149

913,586

1,196,654

Raw materials

840,938

819,765

944,535

$ 2,968,105

$ 2,393,646

$ 2,614,275

The cost of inventories recognized as cost of goods sold for the three months ended September 30, 2025 and for the nine months ended September 30, 2025 were $(13,280) thousand and $170 thousand, and

$1,338 thousand and $982 thousand, respectively, due to the devaluation and obsolescence of inventories and loss on physical inventory write-downs were reversed.

The cost of inventories recognized as cost of goods sold for the three months ended September 30, 2024 and for the nine months ended September 30, 2024 were $31,987 thousand and $34,355 thousand, respectively, and inventory write-downs were reversed.

  1. SUBSIDIARIES

    1. Subsidiaries included in consolidated financial statements:

      % of Ownership

      September 30,

      December 31,

      September 30,

      Investor

      Investee

      Main Businesses

      2025

      2024

      2024

      Remark

      VIA Technologies, Inc.

      VIABASE CO., LTD

      International investment

      100.00

      100.00

      100.00

      VIATECH CO., LTD

      International investment

      100.00

      100.00

      100.00

      TUNGBASE TECHNOLOGIES

      International investment

      -

      100.00

      100.00

      1), 10)

      LTD.

      VIA AI Auto, Co., Ltd

      International investment

      100.00

      -

      -

      1), 10)

      VIA Innoverse Inc.

      Manufacturing and selling of

      100.00

      100.00

      100.00

      1)

      communication and electronic parts Vate Technology Co., Ltd. Integrated circuit chip testing and

      packaging services

      VIA Intelligent Automotive, Inc. Manufacturing and selling of electronic

      parts

      VIA Labs, Inc. Manufacturing and selling of electronic parts, wholesale of materials, information software processing services

      VIA Next Technologies, Inc. Manufacturing electronic parts and

      information software processing services

      Brillify Tech Inc. Manufacturing and selling of electronic parts, wholesale of materials, and information software processing services

      66.28 66.28 66.28 1)

      100.00 100.00 100.00 1)

      55.81 55.67 55.71 2), 3)

      100.00 100.00 100.00

      100.00 - - 1), 6)

      (Continued)

      Investor Investee Main Businesses

      September 30,

      2025

      % of Ownership December 31,

      2024

      September 30,

      2024 Remark

      VIA Labs, Inc. VIA Labs USA, Inc. Contract testing and sales marketing

      support

      VIA Labs (Shenzhen) Co., Ltd. Integrated circuit chip testing and

      technical support

      VIA Labs (Beijing), Inc. Integrated circuit chip testing and

      technical support

      100.00 100.00 100.00

      100.00 100.00 100.00

      99.00 99.00 99.00

      HuiLink Technologies (Xiamen) CO., Ltd.

      Integrated circuit chip testing and technical support

      55.00 55.00 55.00 4)

      VIA Labs (Shenzhen) Co., Ltd.

      VIA Labs (Beijing), Inc. Integrated circuit chip testing and

      technical support

      1.00 1.00 1.00

      VIA Next Technologies, Inc. VIA Next Technologies

      (Shanghai) Co., Ltd.

      VNCHIP TECHNOLOGIES PTE. LTD.

      VNCHIP TECHNOLOGIES, INC.

      Manufacturing electronic parts and

      information software processing services

      IC design and technology development services, manufacture and sales.

      IC design and technology development services, manufacture and sales.

      100.00 100.00 100.00

      100.00 100.00 100.00 5)

      100.00 - - 7)

      Brillify Tech Inc. Brillify Tech Gmbh Manufacturing electronic parts wholesale

      of materials, and information software processing services

      100.00 - - 11)

      VIA AI Auto CO., LTD. TUNGBASE TECHNOLOGIES

      LTD.

      VIATECH CO., LTD. VIA TECHNOLOGIES (HK)

      INC. LTD.

      International investment 100.00 - - 1), 10)

      International investment 100.00 100.00 100.00

      VIABASE CO., LTD. IP-FIRST LLC Designing and manufacturing of CPU and

      licensing of microprocessor-related intellectual property

      100.00 100.00 100.00

      VIA USA, Inc. International investment 100.00 100.00 100.00

      VIA Japan K.K. Manufacturing, researching, developing and selling of integrated circuits and other semiconductor devices.

      100.00 100.00 100.00

      T.C. Connection Corporation International investment 100.00 100.00 100.00

      TECHBASE CO., LTD International investment 100.00 100.00 100.00

      TUNGBASE TECHNOLOGIES LTD.

      VIA CPU Platform Co., Ltd. 1. International investment

      2. Selling of PC chipsets

      VIA AI Auto, Inc. Intelligent Automotive Solutions and technology development services, manufacture and sales

      100.00 100.00 100.00

      100.00 - - 12)

      VIA USA, Inc. VIA Technologies, Inc. Selling and designing PC chipsets 100.00 100.00 100.00

      VIA Cyrix, Inc. Designing, manufacturing and selling of CPU

      100.00 100.00 100.00

      VIA CPU Platform Inc. Selling and designing PC chipsets 100.00 100.00 100.00

      VIA TECHNOLOGIES (HK) INC. LTD.

      VIA Technologies (Shenzhen) Co., Ltd.

      VIA Technologies (China) Co., Ltd.

      Selling of CPU and PC chipset 100.00 100.00 100.00

      Selling of CPU and PC chipset 100.00 100.00 100.00

      VIA Technologies (Shenzhen)

      Co., Ltd.

      HuiLink Technologies (Xiamen)

      Co., Ltd.

      Integrated circuit chip testing and

      technical support

      45.00 45.00 45.00 4)

      VIA Technologies (China) Co., Ltd.

      Beijing VIA YongHong Property Co., Ltd.

      Property management 100.00 100.00 100.00

      VIA Innoveres (GX) Co., Ltd. Educational Smart Products Services and

      Sales

      80.00 - - 8)

      TECHBASE CO., LTD. S3 Graphics (HK) Limited International investment 100.00 100.00 100.00

      S3 Graphics, Inc. Selling and designing PC chipsets - 100.00 100.00 9)

      S3 Graphics (HK) Limited VIA Technologies (Shanghai)

      Co., Ltd.

      Selling of graphics chipset 100.00 100.00 100.00

      Manufacturing, researching, developing

      100.00

      100.00

      100.00

      and selling integrated circuit chips

      Designing, manufacturing and selling of

      100.00

      100.00

      100.00

      CPU

      Contract technical service support of CPU

      100.00

      100.00

      100.00

      Selling and manufacturing of CPU

      100.00

      100.00

      100.00

      VIA Technologies (Shanghai) Co., Ltd.

      VIA CPU Platform (Shanghai) Co., Ltd.

      VIA CPU Platform Co., Ltd. Centaur Technology, Inc.

      VIA CPU Platform (HK) Limited

      VIA CPU Platform Trading (HK) Limited

      (Concluded)

      Remark:

      1. Non-significant subsidiaries; its financial statements have not been reviewed.

      2. For the nine months ended September 30, 2025 and 2024, VLI employees exercised share options, and the Company acquired 159 thousand common shares of VLI for $13,895 thousand in cash in April 2025. Please refer to Notes 29 and 30 for the changes in shareholdings,.

      3. Subsidiaries that have material non-controlling interests.

      4. VIA Labs, Inc. and VIA Technologies (Shenzhen) Co., Ltd. invested RMB20,350 thousand and RMB16,650 thousand, respectively, in March 2024, and established HuiLink Technologies (Xiamen) Co., Ltd. with a 55% and 45% shareholding, respectively.

      5. VIA Next Technologies, Inc. invested SGD200 thousand in August 2024 and established VNCHIP TECHNOLOGIES PTE. LTD. with a 100% shareholding.

      6. VIA Technologies, Inc. invested NT$5,000 thousand in March 2025 and established Brillify Tech Inc. with a 100% shareholding.

      7. VIA Next Technologies, Inc. invested US$50 thousand in July 2025 and established VNCHIP TECHNOLOGIES, INC. with a 100% shareholding.

      8. VIA Innoveres (GX) Co., Ltd. was established in December 2024. In February 2025, VIA Technologies (China) Co., Ltd. invested RMB4,000 thousand with a 80% shareholding.

      9. The liquidation of S3 Graphics, Inc. was completed in March 2025.

      10. VIA Technologies, Inc. invested US$50 thousand in July 2025 and established VIA AI Auto, Co., Ltd. In the same month, the Company completed a reorganization of the investment structure of TUNGBASE TECHNOLOGIES LTD. The investment holding was transferred from VIA Technologies, Inc. to VIA AI Auto, Co., Ltd. in July 2025.

      11. Brillify Tech, Inc. invested EUR25 thousand in August 2025 and established Brillify Tech Gmbh with a 100% shareholding.

      12. TUNGBASE TECHNOLOGIES LTD. invested US$50 thousand in July 2025 and established VIA AI Auto, Inc. with a 100% shareholding.

      Significant transactions between and among the companies have been eliminated in the consolidated financial statements.

    2. Subsidiaries excluded from consolidated financial statements: None.

    3. Details of subsidiaries that have material non-controlling interests:

      Proportion of Ownership and Voting Rights Held by Non-controlling Interests

      Name of Subsidiary Principal Place of Business

      September 30,

      2025

      December 31,

      2024

      September 30,

      2024

      VIA Labs, Inc. Taiwan 44.19% 44.33% 44.29%

      Profit Allocated to

      Non-controlling Interests

      For the Nine Months Ended Accumulated Non-controlling Interests Name of September 30 September 30, December 31, September 30,

      Subsidiary 2025 2024 2025 2024 2024

      VIA Labs, Inc. $ 22,047 $ 58,673 $ 1,226,628 $ 1,255,747 $ 1,242,839

      Summarized financial information in respect of each of the Group's subsidiaries that have material non-controlling interests is set out below. The summarized financial information below represents amounts before intragroup eliminations.

      VIA Labs, Inc. and its subsidiaries

      September 30,

      2025

      December 31,

      2024

      September 30,

      2024

      Current assets

      $ 1,295,319

      $ 1,978,392

      $ 2,058,994

      Non-current assets

      2,422,141

      1,809,819

      1,736,617

      Current liabilities

      (809,631)

      (855,645)

      (893,978)

      Non-current liabilities

      (82,677)

      (28,971)

      (21,861)

      Equity

      $ 2,825,152

      $ 2,903,595

      $ 2,879,772

      Equity attributable to: Owners of VIA

      $ 1,598,524

      $ 1,647,848

      $ 1,636,933

      Non-controlling interests of VIA Labs, Inc.

      1,226,628

      1,255,747

      1,242,839

      $ 2,825,152

      $ 2,903,595

      $ 2,879,772

      For the Nine Months Ended

      September 30

      2025

      2024

      Revenue

      $ 1,141,731

      $ 1,333,450

      Profit for the period

      $ 32,295

      $ 131,201

      Other comprehensive (loss) income for the period

      4,061

      (46,437)

      Total comprehensive (loss) income for the period

      $ 36,356

      $ 84,764

      Profit attributable to: Owners of VIA

      $ 10,248

      $ 72,528

      Non-controlling interests of VIA Labs, Inc.

      22,047

      58,673

      $ 32,295

      $ 131,201

      Total comprehensive income attributable to: Owners of VIA

      $ 10,747

      $ 47,665

      Non-controlling interests of VIA Labs, Inc.

      25,609

      37,099

      $ 36,356

      $ 84,764

      Cash (outflow) inflow from: Operating activities

      $ 3,571

      $ 397,170

      Investing activities

      (452,220)

      (564,560)

      Financing activities

      (62,767)

      138,674

      Effects of exchange rate change on the balance of cash held in

      foreign currencies

      (10,562)

      5,932

      Net cash outflow

      $ (521,978)

      $ (22,784)

  2. INVESTMENTS ACCOUNTED FOR USING THE EQUITY METHOD

    September 30,

    2025

    December 31,

    2024

    September 30,

    2024

    Investment in associates

    $ 443,753

    $ 567,514

    $ 591,842

    Investments in Associates

    September 30,

    2025

    December 31,

    2024

    September 30,

    2024

    Associates that are not individually material VIA Telecom Co., Ltd.

    $ 66,464

    $ 71,021

    $ 67,311

    Intumit Inc.

    38,300

    27,828

    27,644

    iDOT Computers, Inc.

    -

    -

    -

    Catchplay Media Holdings Ltd.

    -

    -

    -

    Shengchuang Intelligent Education (Shandong)

    Co., Ltd.

    19,359

    18,115

    17,067

    HLJ Technology Co., Ltd.

    315,830

    450,550

    479,820

    VIA Innoveres (Chongqing) Co., Ltd.

    3,800

    -

    -

    $ 443,753

    $ 567,514

    $ 591,842

    Refer to Table 6 "Information on Investees" and Table 7 "Information on Investments in Mainland China" for the nature of activities, principal place of business and country of incorporation of the associate.

    Investments in associates are accounted for using the equity method.

    1. Aggregate information of the not individually material associate is set out below:

      For the Three Months Ended

      September 30

      For the Nine Months Ended

      September 30

      2025

      2024

      2025

      2024

      The Group's share of:

      Net loss for the period

      $ (39,334)

      $ (43,790)

      $ (130,946)

      $ (88,993)

      Other comprehensive income

      or loss

      3,614

      (655)

      (4,915)

      2,881

      Total comprehensive income or loss for the period

      $ (35,720)

      $ (44,445)

      $ (135,861)

      $ (86,112)

      In February 2024, Intumit Inc. underwent a capital increase, and the Group acquired $4,909 thousand.

      The Group subscribed the private equity for 30,000 thousand shares of common stock in HLJ Technology Co., Ltd. through a private placement in March 2024 for $300,000 thousand in cash, resulting in a 36.03% ownership and gaining significant influence over the company. According to the Securities and Exchange Act, the private placement shares cannot be transferred for three years.

      The Group invested RMB900 thousand in July 2025 and established VIA Innoverse (Chongqing) Co., Ltd. with a 30% shareholding.

      The Group discontinued its financial support to iDOT Computers, Inc. and Catchplay Media Holdings Ltd. for the nine months ended September 30, 2025 and 2024, and consequently, discontinued recognition of its share of losses of those associates. The Group's share of loss of its associates is limited to its interest in these associates. The amounts of unrecognized share of loss of those associates for the nine months ended September 30, 2025 and 2024, both for the reporting periods and cumulatively, were as follows:

      For the Nine Months Ended

      September 30

      2025

      2024

      Unrecognized share of losses of associates for the period

      $ (4,623)

      $ (4,386)

      Accumulated unrecognized share of losses of associates

      $ (30,325)

      $ (25,022)

      For the nine months ended September 30, 2025 and 2024, the investments were accounted for using the equity method and the share of profit or loss and other comprehensive income of those investments were calculated based on financial statements which have not been reviewed. Management believes there is no material impact on the equity method of accounting or the calculation of the share of profit or loss and other comprehensive income from the financial statements of those associates which have not been reviewed.

      14.

      PROPERTY, PLANT AND EQUIPMENT

      September 30,

      December 31,

      September 30,

      2025

      2024

      2024

      Assets used by the Group

      $ 1,942,696

      $ 1,982,199

      $ 1,981,333

      Assets leased under operating leases

      18,815

      19,413

      19,613

      $ 1,961,511

      $ 2,001,612

      $ 2,000,946

      a.

      Assets used by the Group

      Land

      Buildings and Improvements

      Machinery and Equipment

      Instrument Equipment

      Others

      Property in Construction

      Total

      Cost

      Balance on January 1, 2025

      $ 865,123

      $ 1,490,048

      $ 777,124

      $ 342,966

      $ 764,356

      $ 234

      $ 4,239,851

      Additions

      -

      1,007

      33,443

      3,867

      41,404

      29,619

      109,340

      Disposal

      -

      -

      (16,410 )

      (6,484 )

      (3,316 )

      -

      (26,210 )

      Reclassification

      -

      -

      7,077

      -

      -

      (7,077 )

      -

      Effect of foreign currency exchange differences

      -

      (35,320 )

      (1,067 )

      (3,349 )

      (13,591 )

      -

      (53,327 )

      Balance on September 30, 2025

      $ 865,123

      $ 1,455,735

      $ 800,167

      $ 337,000

      $ 788,853

      $ 22,776

      $ 4,269,654

      Accumulated depreciation and impairment

      Balance on January 1, 2025

      $ -

      $ 731,139

      $ 594,828

      $ 287,458

      $ 644,227

      $ -

      $ 2,257,652

      Depreciation expenses

      -

      21,581

      42,099

      17,581

      47,705

      -

      128,966

      Disposal

      -

      -

      (16,261 )

      (6,484 )

      (3,032 )

      -

      (25,777 )

      Effect of foreign currency exchange differences -

      (12,090 )

      (1,819 )

      (3,117 )

      (16,857 )

      -

      (33,883 )

      Balance on September 30, 2025 $ -

      $ 740,630

      $ 618,847

      $ 295,438

      $ 672,043

      $ -

      $ 2,326,958

      Carrying amount on December 31, 2024 and

      January 1, 2025 $ 865,123

      $ 758,909

      $ 182,296

      $ 55,508

      $ 120,129

      $ 234

      $ 1,982,199

      Carrying amount on September 30, 2025 $ 865,123

      $ 715,105

      $ 181,320

      $ 41,562

      $ 116,810

      $ 22,776

      $ 1,942,696

      Cost

      Balance on January 1, 2024

      $ 865,123

      $ 1,442,546

      $ 702,695

      $ 334,139

      $ 750,072

      $ 5,175

      $ 4,099,750

      Additions

      -

      9,118

      44,165

      8,759

      79,626

      1,987

      143,655

      Disposal

      -

      -

      (17,506 )

      (1,663 )

      (4,459 )

      -

      (23,628 )

      Reclassification

      -

      -

      4,988

      -

      187

      (5,175 )

      -

      Effect of foreign currency exchange differences

      -

      23,491

      1,478

      1,196

      16,236

      -

      42,401

      Balance on September 30, 2024

      $ 865,123

      $ 1,475,155

      $ 735,820

      $ 342,431

      $ 841,662

      $ 1,987

      $ 4,262,178

      (Continued)

      Land

      Buildings and

      Improvements

      Machinery and

      Equipment

      Instrument

      Equipment

      Others

      Property in

      Construction

      Total

      Accumulated depreciation and impairment

      Balance on January 1, 2024

      $ -

      $ 695,516

      $ 547,079

      $ 261,517

      $ 647,642

      $ -

      $ 2,151,754

      Depreciation expenses

      -

      21,299

      34,911

      21,530

      51,061

      -

      128,801

      Disposal

      -

      -

      (17,506 )

      (1,280 )

      (3,847 )

      -

      (22,633 )

      Effect of foreign currency exchange differences

      -

      6,625

      122

      1,146

      15,030

      -

      22,923

      Balance on September 30, 2024

      $ -

      $ 723,440

      $ 564,606

      $ 282,913

      $ 709,886

      $ -

      $ 2,280,845

      Carrying amount on December 31, 2023 and January 1, 2024

      $ 865,123

      $ 747,030

      $ 155,616

      $ 72,622

      $ 102,430

      $ 5,175

      $ 1,947,996

      Carrying amount on September 30, 2024

      $ 865,123

      $ 751,715

      $ 171,214

      $ 59,518

      $ 131,776

      $ 1,987

      $ 1,981,333

      (Concluded)

      The above items of property, plant and equipment are depreciated on a straight-line basis over the estimated useful life as follows:

      Buildings and improvements 5-55 years

      Machinery and equipment 3-8 years

      Instrument equipment 3-5 years

      Others 2-8 years

      The major component parts of the buildings held by the Group included plant structures and power supplies, etc., which are depreciated over their estimated useful lives of 50 to 55 years and 5 years, respectively.

    2. Assets leased under operating leases

      For the Nine Months Ended

      September 30

      2025

      2024

      Buildings

      Cost

      Balance on January 1 and September 30

      $ 68,356

      $ 68,356

      Accumulated depreciation

      Balance on January 1

      $ 48,943

      $ 48,042

      Depreciation expenses

      598

      701

      Balance on September 30

      $ 49,541

      $ 48,743

      Carrying amount, beginning of period

      $ 19,413

      $ 20,314

      Carrying amount, end of period

      $ 18,815

      $ 19,613

      Operating leases relate to leases of buildings and improvements with lease terms of 10 years. The lessees do not have bargain purchase options to acquire the assets at the expiry of the lease periods.

      The maturity analysis of lease payments receivable under operating lease payments was as follows:

      September 30,

      2025

      December 31,

      2024

      September 30,

      2024

      Year 1

      $ 6,240

      $ 6,240

      $ 6,240

      Year 2

      6,240

      6,240

      6,240

      Year 3

      6,240

      6,240

      6,240

      Year 4

      1,820

      6,240

      6,240

      Year 5

      -

      260

      1,820

      Year 6 onwards

      -

      -

      -

      $ 20,540

      $ 25,220

      $ 26,780

      The above items of property, plant and equipment leased under operating leases are depreciated on a straight-line basis over their estimated useful lives as follows:

      Buildings and improvements

      Plant structures 50 years

      Power supplies 25 years

      Engineering systems 5 years

    3. There were no capitalized interests for the nine months ended September 30, 2025 and 2024.

    4. Refer to Note 35 for the carrying amount of property, plant and equipment pledged as collateral.

    5. The land and building rented to third parties were classified as investment properties, refer to Note 16.

  1. LEASE ARRANGEMENTS

    a. Right-of-use assets

    September 30,

    2025

    December 31,

    2024

    September 30,

    2024

    Carrying amount

    Land

    $ 96,661

    $ 104,640

    $ 105,245

    Buildings

    80,706

    110,738

    123,517

    Machinery

    1,816

    6,552

    9,937

    $ 179,183

    $ 221,930

    $ 238,699

    As of September 30, 2025, December 31, 2024 and September 30, 2024, the right-of-use assets - lands are land use rights located in mainland China and leasehold land in Hsinchu Science Park.

    For the Three Months Ended

    September 30

    For the Nine Months Ended

    September 30

    2025

    2024

    2025

    2024

    Additions to right-of-use assets

    $ 22,574

    $ 12,359

    Depreciation charge for right-of-use assets Land

    $ 1,207

    $ 1,246

    $ 3,674

    $ 3,726

    Buildings

    14,861

    15,689

    45,872

    46,317

    Machinery

    1,579

    1,717

    4,735

    3,792

    $ 17,647

    $ 18,652

    $ 54,281

    $ 53,835

    Except for the aforementioned addition and recognized depreciation, the Group did not have significant sublease or impairment of right-of-use assets during the nine months ended September 30, 2025 and 2024.

    b. Lease liabilities

    September 30,

    2025

    December 31,

    2024

    September 30,

    2024

    Carrying amount

    Current

    $ 60,978

    $ 70,482

    $ 69,274

    Non-current

    $ 64,268

    $ 93,065

    $ 106,287

    Range of discount rates for lease liabilities was as follows:

    September 30,

    2025

    December 31,

    2024

    September 30,

    2024

    Land

    1.70%

    1.70%

    1.70%

    Buildings

    1.60%-8.00%

    1.60%-8.00%

    1.60%-8.00%

    Machinery

    1.70%-3.22%

    1.70%-3.22%

    1.70%

    c. Material leasing activities and terms

    The Group leases certain buildings for use as offices with lease terms of 1 to 20 years. The Group does not have bargain purchase options to acquire the leasehold buildings at the end of the lease terms. In addition, the Group is prohibited from subleasing or transferring all or any portion of the underlying assets without the lessor's consent.

    d. Other lease information

    Lease arrangements under operating leases for the leasing of investment properties and freehold property, plant and equipment are set out in Notes 14 and 16.

    For the Three Months Ended

    September 30

    For the Nine Months Ended

    September 30

    2025

    2024

    2025

    2024

    Expenses relating to short-term leases

    $ 1,675

    $ 1,224

    $ 7,558

    $ 3,542

    Expenses relating to low-value

    asset leases

    $ 1,728

    $ 525

    $ 4,653

    $ 1,592

    Total cash outflow for leases

    $ 69,832

    $ 57,645

    The Group leases certain office equipment assets which qualify as short-term leases and low-value asset leases. The Group has elected to apply the recognition exemption and thus, did not recognize right-of-use assets and lease liabilities for these leases.

  2. INVESTMENT PROPERTIES For the Nine Months Ended

    September 30

    2025

    2024

    Balance on January 1

    $ 1,857,614

    $ 1,831,972

    Loss on changes in fair value of investment properties

    -

    (42,302)

    Effect of foreign currency exchange differences

    (96,808)

    66,258

    Balance on September 30

    $ 1,760,806

    $ 1,855,928

    The investment properties were leased out for 1 to 10 years. All lease contracts contain market review clauses applicable to contract renewals. The lessee does not have a bargain purchase option to acquire the investment property at the expiry of the lease period.

    The maturity analysis of lease payments receivable under operating leases of investment properties on September 30, 2025, December 31, 2024 and September 30, 2024 was as follows:

    September 30,

    2025

    December 31,

    2024

    September 30,

    2024

    Year 1

    $ 89,416

    $ 128,745

    $ 98,653

    Year 2

    52,243

    45,920

    58,815

    Year 3

    5,361

    19,478

    37,305

    Year 4

    -

    -

    330

    Year 5

    -

    -

    -

    Year 6 onwards

    -

    -

    -

    $ 147,020

    $ 194,143

    $ 195,103

    The fair values of investment properties with a carrying amount as of December 31, 2024 and 2023 were based on the valuations carried out by independent qualified professional appraisers, Jin Sheng Lin and Xuan-You Chen from Prudential Cross-Strait Real Estate Appraisers Firm, members of certified ROC real estate appraisers, who concluded that the fair values were reasonable.

    The fair value of investment properties was estimated using unobservable inputs (Level 3). The movements in the fair value were as follows:

    Taiwan

    Beijing

    Total

    Balance on January 1, 2025

    Recognized in other comprehensive income (exchange differences on translating foreign

    operations)

    $ 262,668

    -

    $ 1,594,946

    (96,808)

    $ 1,857,614

    (96,808)

    Balance on September 30, 2025

    $ 262,668

    $ 1,498,138

    $ 1,760,806

    Balance on January 1, 2024

    Recognized in loss (gain arising from the change in fair value of investment property)

    Unrealized

    $ 250,986

    -

    $ 1,580,986

    (42,302)

    $ 1,831,972

    (42,302)

    Recognized in other comprehensive income

    (exchange differences on translating foreign operations)

    -

    66,258

    66,258

    Balance on September 30, 2024

    $ 250,986

    $ 1,604,942

    $ 1,855,928

    The fair value of investment properties was measured using the income approach. The significant assumptions used were stated below. The increase in estimated future net cash inflows, or the decrease in discount rates would result in increase in the fair value.

    September 30,

    2025

    December 31,

    2024

    September 30,

    2024

    Expected future cash inflows

    $ 2,939,808

    $ 3,105,994

    $ 3,139,808

    Expected future cash outflows

    (257,826)

    (273,766)

    (274,058)

    Expected future cash inflows, net

    $ 2,681,982

    $ 2,832,228

    $ 2,865,750

    Discount rate

    3.33%-5.28%

    3.33%-5.28%

    3.10%-5.45%

    The market rentals for comparable properties in the area where the investment property is located were between $1 thousand and $3 thousand per ping (per 3.3 square meters).

    Most investment properties had been leased out under operating leases. Please refer to Note 26(b) for information on the generation of rental income. The disposal value of investment properties were

    $1,744,128 thousand, $1,836,864 thousand and $1,887,389 thousand under the income approach on September 30, 2025, December 31, 2024 and September 30, 2024, respectively.

    The expected future cash inflows generated by investment property included rental income, interest income on rental deposits and disposal value. The rental income was extrapolated using the Group's current rental, taking into account the annual rental growth rate; the income analysis covers a 10-year period, the interest income on rental deposits was extrapolated using the Group's current rental, taking into account the annual rental growth rate; the time deposit interest rate for a 1-year; the disposal value was determined using the direct capitalization method under the income approach. The expected future cash outflows incurred by investment property included expenditure such as land value taxes, house taxes, maintenance costs, administrative expenses and insurance premium. These expenditures were extrapolated on the basis of the current level of expenditures, taking into account the future adjustment to the government-announced land value, the tax rate promulgated under the House Tax Act.

    The discount rate was determined by reference to the interest rate for 2-year time deposits as posted by Chunghwa Post Co., Ltd., plus 0.75%, and any asset-specific risk premiums between 0.86% and 2.81%.

    The investment properties held by the Group were all own interest. The investment properties pledged as collateral for bank borrowings were set out in Note 35.

  3. INTANGIBLE ASSETS

    2025

    Patents and Others

    Computer Software

    Total

    Cost

    Balance on January 1, 2025

    $ 43,239

    $ 917,681

    $ 960,920

    Acquisition

    170,101

    55,298

    225,399

    Disposal

    (17,922)

    (64,222)

    (82,144)

    Effect of foreign currency exchange differences

    (22)

    (3,057)

    (3,079)

    Balance on September 30, 2025

    $ 195,396

    $ 905,700

    $ 1,101,096

    Accumulated amortization and impairment

    Balance on January 1, 2025

    $ (42,991)

    $ (772,387)

    $ (815,378)

    Amortization

    (5,212)

    (79,955)

    (85,167)

    Disposal

    17,922

    64,222

    82,144

    Effect of foreign currency exchange differences

    26

    2,955

    2,981

    Balance on September 30, 2025

    $ (30,255)

    $ (785,165)

    $ (815,420)

    Carrying amount on December 31,2023 and

    January 1, 2025

    $ 248

    $ 145,294

    $ 145,542

    Carrying amount on September 30, 2025

    $ 165,141

    $ 120,535

    $ 285,676

    2024

    Patents and Others

    Computer Software

    Total

    Cost

    Balance on January 1, 2024

    $ 43,220

    $ 823,551

    $ 866,771

    Acquisition

    -

    98,901

    98,901

    Disposal

    -

    (65,215)

    (65,215)

    Effect of foreign currency exchange differences

    15

    1,938

    1,953

    Balance on September 30, 2024

    $ 43,235

    $ 859,175

    $ 902,410

    (Continued)

    2024

    Accumulated amortization and impairment

    Patents and Others

    Computer Software

    Total

    Balance on January 1, 2024

    $ (42,948)

    $ (660,484)

    $ (703,432)

    Amortization

    (28)

    (91,205)

    (91,233)

    Disposal

    -

    65,215

    65,215

    Effect of foreign currency exchange differences

    (4)

    (1,824)

    (1,828)

    Balance on September 30, 2024

    $ (42,980)

    $ (688,298)

    $ (731,278)

    Carrying amount on December 31,2023 and

    January 1, 2024

    $ 272

    $ 163,067

    $ 163,339

    Carrying amount on September 30, 2024

    $ 255

    $ 170,877

    $ 171,132

    (Concluded)

    The above items of intangible assets are amortized on a straight-line basis over the estimated useful life of the asset:

    Patents

    Computer software

    3-10 years

    2-5 years

    18.

    OTHER ASSETS

    September 30,

    2025

    December 31,

    2024

    September 30,

    2024

    Other financial assets (a)

    $ 3,090,006

    $ 3,082,109

    $ 2,336,411

    Prepayments of purchases of materials (b)

    781,681

    919,040

    3,480,298

    Prepayments for Intangible Assets

    75,028

    -

    -

    Prepaid expense

    56,544

    71,777

    51,537

    Excess value-added tax paid

    45,906

    37,828

    56,900

    Value-added tax receivable

    30,378

    118,815

    39,892

    Temporary payment

    26,973

    21,948

    36,412

    Refundable deposits

    15,809

    14,005

    10,776

    $ 4,122,325

    $ 4,265,522

    $ 6,012,226

    Current

    Other financial assets

    $ 2,809,096

    $ 3,071,024

    $ 2,325,326

    Other assets

    $ 941,482

    $ 1,169,408

    $ 3,665,039

    Non-current Other assets

    $ 371,747

    $ 25,090

    $ 21,861

    1. The market interest rates of other financial assets at September 30, 2025, December 31, 2024 and September 30, 2024 were 0.75% to 4.20%, 0.75% to 4.80% and 0.76% to 4.80%, respectively.

    2. The prepayment is mainly for the prepayment of materials and the manufacturer's payment.

    3. The amount of other financial assets pledged by the Group as collateral for the bank borrowing, purchased from suppliers or customs security for imported raw materials, please refer to Note 35.

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VIA Technologies Inc. published this content on December 24, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on December 24, 2025 at 08:29 UTC.