Younger Optics Announces Board Approval of Consolidated Financial Report for First Half of 2026

1. Date of Board Report or Board Resolution: 115/07/24 2. Audit Committee Approval Date: 115/07/24 3. Reporting Period for Financial Report or Self-Compiled Annual Financial Information: Start and End Dates (XXX/XX/XX~XXX/XX/XX): 115/01/01~115/06/30 4. Cumulative Operating Revenue from January 1 to Reporting Period (in NT$ thousands): 1,423,232 5. Cumulative Operating Gross Profit (Loss) from January 1 to Reporting Period (in NT$ thousands): 246,227 6. Cumulative Operating Income (Loss) from January 1 to Reporting Period (in NT$ thousands): (22,366) 7. Cumulative Pre-Tax Net Profit (Loss) from January 1 to Reporting Period (in NT$ thousands): 8,039 8. Cumulative Net Profit (Loss) for the Period from January 1 to Reporting Period (in NT$ thousands): 11,121 9. Cumulative Net Profit (Loss) Attributable to Owners of Parent from January 1 to Reporting Period (in NT$ thousands): 11,121 10. Cumulative Basic Earnings (Loss) Per Share from January 1 to Reporting Period (in NT$): 0.1 11. Total Assets at Period End (in NT$ thousands): 4,455,284 12. Total Liabilities at Period End (in NT$ thousands): 1,609,497 13. Equity Attributable to Owners of Parent at Period End (in NT$ thousands): 2,845,787 14. Other Matters to be Disclosed: Second-quarter consolidated revenue reached NT$738 million, up 7.8% quarter-on-quarter. Shipments by product line compared to the previous quarter: Imaging optics increased 13% due to mass production of new smart home camera lenses; Optical components grew 24% driven by volume production of logistics projection lenses; 3D printing products saw a slight 8% increase as Chinese customers concentrated procurement for short-term tenders in this quarter; Automotive products declined 6% as LiDAR lens customers adjusted inventory for certain models; Micro projector modules continued to shrink as previously disclosed, with shipments down 29% quarter-on-quarter due to competitive technology substitution, in line with expectations. Second-quarter gross margin was 16.4%, down 1.8 percentage points from 18.2% in the prior quarter, primarily due to differences in product sales mix and certain new products being in the early stages of mass production, where capacity and yield are still ramping up, negatively impacting overall gross margin. Looking ahead to the third quarter, with new LiDAR lens models and customer AR glasses entering mass production, shipments of automotive and optical component products are expected to grow. New smart home models will continue to ramp up, but as low-end legacy lenses enter planned phase-out, imaging optics shipments are expected to remain roughly flat compared to the previous quarter. 3D printing product shipments are expected to return to normal levels as tender-related demand is delivered. Overall, third-quarter shipments are projected to be slightly higher or flat compared to the second quarter.