Global leading automotive wheel manufacturer SuperAlloy Industrial Co., Ltd. (SAI, 1563 TT) held its 2026 Annual General Shareholders’ Meeting on May 20^th at 9:10 a.m. in the B1 conference room of its Douliu Plant in Yunlin (No. 80, Sec. 3, Yunke Rd., Douliu City, Yunlin County). The meeting was chaired by Chairman Mr. Huang Tsung-Jung, with shareholders representing 63.38% of total outstanding shares in attendance. During the meeting, the Company reported on the execution of treasury share repurchases and cash dividend distributions, approved the 2025 business report, financial statements, and capital surplus distribution proposal, conducted a re-election of directors, and discussed the cash capital reduction proposal, sharing the Company’s overall operating achievements and future plans with shareholders.

For full-year 2025, SAI reported consolidated revenue of NT$6.977 billion. Due to more conservative order pull-ins from automotive customers compared with the previous year, fixed unit costs increased. In addition, the depreciation of the U.S. dollar against the New Taiwan dollar also affected profitability. Consolidated gross margin reached 21%, consolidated profit before tax totaled NT$395 million, and net profit attributable to parent company shareholders amounted to NT$318 million, with earnings per share (EPS) of NT$1.42.

SAI continues to place strong emphasis on shareholder rights and returns. The Company approved a 2025 earnings distribution proposal to issue a cash dividend of NT$2 per share, consisting of NT$1 from earnings distribution and NT$1 from capital surplus distribution. The earnings payout ratio reached 70.42%, while maintaining a dividend payout ratio above 60% for seven consecutive years, demonstrating the Company’s commitment to sharing operating with shareholders. Based on the closing share price of NT$45 on May 20, the cash dividend yield reached 4.44%.

In addition, shareholders approved a 25% cash capital reduction proposal. Given the Company’s healthy cash position and clear medium-term capital expenditure plans, SAI aims to enhance shareholder return on equity, optimize its capital structure, and improve earnings per share through the capital reduction plan. Under the proposal, shareholders will receive NT$2.5 per share in cash, and the Company’s paid-in capital will be reduced to NT$1.692 billion after the reduction. Combined with the proposed NT$2 cash dividend per share for 2026, shareholders are expected to receive a total cash return of NT$4.5 per share this year.

The shareholders’ meeting also completed a full re-election of directors, including independent directors. Mr. Huang Tsung-Jung was highly recognized and re-elected as Chairman by the newly elected Board of Directors.

Looking ahead to the next phase of growth, SAI remains firmly positioned in its automotive core business while strategically targeting the high-margin, high-entry-barrier market for advanced semiconductor process equipment components. Three years ago, the Company proactively initiated raw material development and process optimization for key front-end semiconductor equipment components and consumables. Today, leveraging four core competitive advantages, SAI is striving to become a leading force within Taiwan’s and the global semiconductor supply chain:

1. Over 30 Years of Aluminum Material Development Expertise
   SAI has more than three decades of forging experience and possesses unique strengths in aluminum alloy material R&D and manufacturing, mastering comprehensive core technologies from material selection and precision forging processes to surface treatment.
2. Playing a Critical “Import Substitution” Role
   Advanced semiconductor front-end process equipment requires extremely stringent material cleanliness and microstructure standards. SAI’s high-purity forged aluminum materials can effectively replace highly imported foreign aluminum materials, helping Taiwan’s semiconductor supply chain deepen localization and reduce external dependence.
3. “Non-China Supply Chain” Trust Advantage Amid Geopolitical Trends
   As the global semiconductor industry accelerates supply chain localization, SAI , as a leading Taiwanese manufacturer, naturally holds a geopolitical trust advantage and is well-positioned to become an ideal partner for major international semiconductor equipment manufacturers, including U.S. and Japanese companies.
4. High Efficiency and Superior Cost Performance
   Through highly efficient production line configurations and proprietary precision forging technologies, SAI can provide aluminum alloy materials closer to near-net-shape finished products than imported raw materials. This significantly shortens customers’ machining and delivery times while also offering strong cost competitiveness.

In addition to continuing to strengthen its global leadership in “lightweight forged wheels” and “green recycled aluminum RESAICAL® wheels” for luxury vehicles, SAI is actively expanding into the market for “key components and consumables used in advanced semiconductor front-end processing equipment.” The Company’s semiconductor business has gradually entered factory certification and sample testing stages, with clearly defined three-phase medium- and long-term operational goals.

Backed by three years of accumulated raw material R&D and validation, SAI has established a solid foundation for trial production of key components and consumables while simultaneously optimizing production lines. The semiconductor business is expected to begin gradually contributing revenue starting this year, with significant growth momentum anticipated in 2027. This new business is expected to become a major growth driver accelerating SAI’s operational momentum from 2026 to 2027.

Ultimately, SAI aims to achieve large-scale mass production and deeper integration into international supply chains, becoming a core supplier to leading global semiconductor equipment manufacturers. Over the next three years, the Company also expects to increase the revenue contribution from non-passenger vehicle applications — including recycled aluminum, semiconductors, advanced industrial applications, and aerospace — from the current 15% to 40%, creating long-term and sustainable growth momentum.

(Appendix) SAI Dividend Policy in Recent Years          Unit: NT$ per share

* Dividend per share will be recalculated based on the number of outstanding shares on the dividend distribution record date.