Disclaimer

TruePulse Capital Advisory Co., Ltd. (“TruePulse”) is a corporate and capital markets advisory firm. TruePulse is not a securities broker, securities investment consulting enterprise, securities investment trust enterprise, or other licensed financial institution under the laws and regulations of Taiwan (Republic of China).

The corporate insights, articles, interviews, presentations, videos and other materials published on this website (collectively, the “Website Content”) are provided for the purposes of investor relations, capital markets communications, corporate information dissemination and general informational exchange. Website Content may include the organization, analysis and explanation of publicly available information relating to specific companies, including their operations, financial performance, business models, strategic development, industry trends, competitive environment and other corporate matters. Website Content is not prepared for the purpose of providing securities investment analysis, investment judgment or trading advice.

Issuer-Sponsored Content and Commercial Relationship Disclosure

Certain Corporate Insights and other materials published on this website constitute Issuer-Sponsored Corporate Insight. TruePulse may be engaged by a company covered in such content (the “Covered Company”) to provide corporate insight, investor relations, capital markets communications, Corporate Access or other related advisory services, for which TruePulse receives compensation from the Covered Company.

Accordingly, TruePulse may have a commercial relationship with the relevant Covered Company, and such content should not be regarded as material prepared by an independent research provider having no commercial relationship with the Covered Company. Such commercial relationship and compensation arrangements do not entitle the Covered Company to require TruePulse to reach any particular analytical conclusion or view.

Where appropriate, additional disclosures relating to a particular Covered Company or specific content may be provided in the relevant materials.

Not Investment Advice or a Securities Recommendation

Website Content does not provide any recommendation to buy, sell or hold any security, investment rating, target price, fair value, implied value or value range, upside or downside potential, nor does it apply valuation multiples to derive the value of a specific company’s securities.

Nothing on this website constitutes, or should be construed as, investment advice, a solicitation, offer, recommendation or inducement to buy or sell any security.

Website Content consists of general, non-personalized corporate and capital markets information and is not tailored to the investment objectives, financial circumstances, investment experience or risk tolerance of any particular investor.

No Securities Trading Services

TruePulse provides corporate insight, investor relations, capital markets communications, Corporate Access and other related advisory services.

TruePulse does not accept or transmit securities orders or trading instructions, execute securities transactions on behalf of any investor, or participate in negotiations concerning the price, quantity, timing or other terms of any specific securities transaction.

Information Sources and Forward-Looking Information

Website Content is prepared based on sources that TruePulse considers reliable, including, without limitation, publicly available company information, regulatory disclosures, industry data, publicly available peer information and other third-party sources. While TruePulse exercises reasonable care in preparing such content, TruePulse makes no representation or warranty, express or implied, as to the accuracy, completeness or timeliness of such information.

Website Content may refer to operating targets, financial targets, strategic plans or other forward-looking information publicly disclosed by a company or its management. Such information is presented based on the original public disclosure and does not represent any guarantee or commitment by TruePulse regarding the future operating performance, financial results, securities price or investment return of any company.

Website Content is based on information available as of the date of publication and may be revised as additional public information becomes available or circumstances change.

Limitation of Liability

To the fullest extent permitted by applicable law, TruePulse and its directors, officers, employees and affiliates shall not be liable for any direct, indirect, incidental or consequential loss arising from any investment or other decision made by any person based on the use of, or reliance upon, any information or content published on this website.

Third-Party Information and External Links

This website may reference information provided by third parties or contain links to external websites. Such information and links are provided solely for informational purposes and user convenience. TruePulse does not control such third-party websites and does not endorse or assume responsibility for the accuracy, completeness, availability or other content of such information or websites.

Intellectual Property

Unless otherwise indicated, Website Content and all related intellectual property rights are owned by TruePulse or the applicable rights holder. No part of the Website Content may be reproduced, modified, redistributed or otherwise used for commercial purposes without the prior written consent of TruePulse or the applicable rights holder.