“We endeavor to provide worldwide users with an enjoyable and convenient life experience.”  

The year 2024 was a year filled with both challenges and opportunities, with the international landscape undergoing constant change, including regional conflicts, geopolitical tensions, rapid progress in the field of AI., and At the same time, critical issues such as energy transition and climate finance highlighted at the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29). As a responsible global corporate citizen, PixArt pursues business growth and development, while actively fulfilling its commitment to sustainable development. The Company implements sound corporate governance, deepens its commitment to environmental sustainability, prioritizes employee health and safety, and strives to create a diverse, inclusive, and friendly workplace culture.

From an economic perspective, PixArt experienced strong growth in 2024, driven by the recovery in demand for computers and consumer electronics, robust sales of gaming mice, and increased shipments of new products. As a result, consolidated operating revenue reached NT$8,362,273 thousand, representing a year-on-year increase of 43.1% and marking the second-highest in the Company's history. In terms of profitability, favorable changes in product portfolio, on-going cost optimization, and beneficial exchange rates movements contributed to a significant increase in gross profit margin from 57.6% in the previous year to 62.0% in 2024. This marks the first breakthrough of gross profit margin in excess of 60% and setting a new historical high for the Company.

As part of its commitment to robust corporate governance, the ESG Committee continues to drive initiatives that address stakeholders' expectations and concerns on key sustainability and ethical issues. The Committee has embedded the United Nations' 17 Sustainable Development Goals (SDGs) into the Company's core strategic framework. In collaboration with the Sustainability Promotion Task Force, the committee regularly reviews and establishes sustainability goals and management policies tailored to each relevant issue. Together, they implement ESG initiatives such as: securing thirdparty certification and audit under the Responsible Business Alliance (RBA) Validated Assessment Program (VAP) in 2024. Continuously strengthening the functions of the Board of Directors and other committees. Requiring all employees to uphold o ethical corporate governance standards and adhere to a formal Code of Conduct., Promoting education and training programs to reinforce compliance and awareness across key areas.

PixArt has long demonstrated a strong commitment to social responsibility, with a particular focus on supporting disadvantaged groups in the community. With corporate resources and active involvement from employees, we collaborate with suppliers to amplify our positive influence. These include celebrating Christmas with children from remote rural villages for six consecutive years, as well as organizing beach cleaning activities for eight consecutive years.

In terms of environment sustainability, we have aligned our greenhouse gas (GHG) inventory and reduction targets in accordance with the Science Based Targets initiative (SBTis). We continue to implement energy conservation and carbon reduction measures, achieving significant progress. Specifically, Scopes 1 and 2 GHG emissions (per capita) have decreased by over 10% compared to the previous year, demonstrating meaningful progress along our path to achieving Net Zero emissions by 2050.

In the future, we remain committed to pursue corporate growth while actively addressing global challenges. We will continue to uphold our ESG responsibilities by: promoting ethical corporate management, strengthening corporate governance, advancing lowcarbon economic transformation and ecosystem protection, and fostering a happy and inclusive workplace, collaborating with stakeholders to build a more resilient and sustainable future. Through these efforts, we aim to enhance social well-being and contribute to long-term value creation for both enterprise and the community.