<SEC-DOCUMENT>0000898432-25-000092.txt : 20250205
<SEC-HEADER>0000898432-25-000092.hdr.sgml : 20250205
<ACCEPTANCE-DATETIME>20250205215839
ACCESSION NUMBER:		0000898432-25-000092
CONFORMED SUBMISSION TYPE:	SCHEDULE 13D
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20250205
DATE AS OF CHANGE:		20250205

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Perfect Corp.
		CENTRAL INDEX KEY:			0001899830
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		ORGANIZATION NAME:           	06 Technology
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-93810
		FILM NUMBER:		25595205

	BUSINESS ADDRESS:	
		STREET 1:		14F., NO. 98, MINQUAN RD.
		STREET 2:		XINDIAN DISTRICT
		CITY:			NEW TAIPEI CITY
		STATE:			F5
		ZIP:			231
		BUSINESS PHONE:		886-2-8667-1265

	MAIL ADDRESS:	
		STREET 1:		14F., NO. 98, MINQUAN RD.
		STREET 2:		XINDIAN DISTRICT
		CITY:			NEW TAIPEI CITY
		STATE:			F5
		ZIP:			231

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Chang Alice Hua-Jen
		CENTRAL INDEX KEY:			0001962464
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D

	MAIL ADDRESS:	
		STREET 1:		14F, NO. 98 MINQUAN ROAD
		STREET 2:		XINDIAN DISTRICT
		CITY:			NEW TAIPEI CITY
		STATE:			F5
		ZIP:			231
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13D" xmlns:com="http://www.sec.gov/edgar/common">
<headerData>
<submissionType>SCHEDULE 13D</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001962464</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>



</filerInfo>
</headerData>
<formData>
<coverPageHeader>
<securitiesClassTitle>Class A Ordinary Shares, par value $0.10 per share</securitiesClassTitle>
<dateOfEvent>06/06/2024</dateOfEvent>
<previouslyFiledFlag>false</previouslyFiledFlag>
<issuerInfo>
<issuerCIK>0001899830</issuerCIK>
<issuerCUSIP>G7006A109</issuerCUSIP>
<issuerName>Perfect Corp.</issuerName>
<address>
<com:street1>14F, No. 98 Minquan Road</com:street1>
<com:street2>Xindian District</com:street2>
<com:city>New Taipei City</com:city>
<com:stateOrCountry>F5</com:stateOrCountry>
<com:zipCode>231</com:zipCode>
</address>
</issuerInfo>
<authorizedPersons>
<notificationInfo>
<personName>Alice H. Chang</personName>
<personPhoneNum>886-2-8667-1105</personPhoneNum>
<personAddress>
<com:street1>c/o Perfect Corp.</com:street1>
<com:street2>14F, No. 98 Minquan Road, Xindian Distri</com:street2>
<com:city>New Taipei City</com:city>
<com:stateOrCountry>F5</com:stateOrCountry>
<com:zipCode>231</com:zipCode>
</personAddress>
</notificationInfo>
</authorizedPersons>
</coverPageHeader>
<reportingPersons>
<reportingPersonInfo>
<reportingPersonCIK>0001962464</reportingPersonCIK>
<reportingPersonName>Chang Alice Hua-Jen</reportingPersonName>
<fundType>PF</fundType>
<citizenshipOrOrganization>F5</citizenshipOrOrganization>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>17385974</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>17385974</sharedDispositivePower>
<aggregateAmountOwned>17385974</aggregateAmountOwned>
<isAggregateExcludeShares>N</isAggregateExcludeShares>
<percentOfClass>17.1</percentOfClass>
<typeOfReportingPerson>IN</typeOfReportingPerson>
<commentContent>Note to Items 8, 10, and 11:  Includes (i) 10,622,620 Class B ordinary shares of the Issuer ("Class B Ordinary Shares") held by GOLDEN EDGE CO., LTD., a British Virgin Islands company in which Alice H. Chang ("Ms. Chang") has a controlling interest, (ii) 4,669,346 Class B Ordinary Shares held by DVDonet.com. Inc., a British Virgin Islands company wholly owned by World Speed Company Limited, (iii) 523,008 Class B Ordinary Shares held by World Speed Company Limited, a British Virgin Islands company wholly owned by Ms. Chang, (iv) 973,744 Class B Ordinary Shares held by Ms. Chang, and (v) 597,256 Class A ordinary shares of the Issuer ("Class A Ordinary Shares", combined with the Class B Ordinary Shares, the "Ordinary Shares") held by Ms. Chang.&#13;
&#13;
Note to Item 13:  The percentage of class of securities is calculated based on 101,848,671 issued and outstanding Ordinary Shares as a single class as of March 20, 2024, being the sum of (i) 85,059,953 Class A Ordinary Shares and (ii)16,788,718 Class B Ordinary Shares, based on the information provided by the Issuer on March 29, 2024 in the Form 20-F filed with the Securities and Exchange Commission. &#13;
&#13;
17.1% represents 66.6% of the total outstanding voting power.  Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B Shares is entitled to ten votes per share on all matters submitted to them for a vote.</commentContent>
</reportingPersonInfo>
<reportingPersonInfo>
<reportingPersonNoCIK>Y</reportingPersonNoCIK>
<reportingPersonName>GOLDEN EDGE CO., LTD.</reportingPersonName>
<fundType>AF</fundType>
<fundType>OO</fundType>
<citizenshipOrOrganization>D8</citizenshipOrOrganization>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>10622620</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>10622620</sharedDispositivePower>
<aggregateAmountOwned>10622620</aggregateAmountOwned>
<isAggregateExcludeShares>N</isAggregateExcludeShares>
<percentOfClass>10.4</percentOfClass>
<typeOfReportingPerson>CO</typeOfReportingPerson>
<commentContent>Note to Items 8, 10, and 11:  Representing 10,622,620 Class B Ordinary Shares held by GOLDEN EDGE CO., LTD., a British Virgin Islands company in which Ms. Chang has a controlling interest.&#13;
&#13;
Note to Item 13:  The percentage of class of securities is calculated based on 101,848,671 issued and outstanding Ordinary Shares as a single class as of March 20, 2024, being the sum of (i) 85,059,953 Class A Ordinary Shares and (ii)16,788,718 Class B Ordinary Shares, based on the information provided by the Issuer on March 29, 2024 in the Form 20-F filed with the Securities and Exchange Commission. &#13;
&#13;
10.4% represents 42.0% of the total outstanding voting power.  Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B Shares is entitled to ten votes per share on all matters submitted to them for a vote.</commentContent>
</reportingPersonInfo>
<reportingPersonInfo>
<reportingPersonNoCIK>Y</reportingPersonNoCIK>
<reportingPersonName>World Speed Company Limited</reportingPersonName>
<fundType>AF</fundType>
<fundType>OO</fundType>
<citizenshipOrOrganization>D8</citizenshipOrOrganization>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>5192354</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>5192354</sharedDispositivePower>
<aggregateAmountOwned>5192354</aggregateAmountOwned>
<isAggregateExcludeShares>N</isAggregateExcludeShares>
<percentOfClass>5.1</percentOfClass>
<typeOfReportingPerson>CO</typeOfReportingPerson>
<commentContent>Note to Items 8, 10, and 11:  Includes (i) 4,669,346 Class B Ordinary Shares held by DVDonet.com. Inc., a British Virgin Islands company wholly owned by World Speed Company Limited; and (ii) 523,008 Class B Ordinary Shares held by World Speed Company Limited. &#13;
&#13;
Note to Item 13:  The percentage of class of securities is calculated based on 101,848,671 issued and outstanding Ordinary Shares as a single class as of March 20, 2024, being the sum of (i) 85,059,953 Class A Ordinary Shares and (ii)16,788,718 Class B Ordinary Shares, based on the information provided by the Issuer on March 29, 2024 in the Form 20-F filed with the Securities and Exchange Commission. &#13;
&#13;
5.1% represents 20.5% of the total outstanding voting power.  Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B Shares is entitled to ten votes per share on all matters submitted to them for a vote.</commentContent>
</reportingPersonInfo>
<reportingPersonInfo>
<reportingPersonNoCIK>Y</reportingPersonNoCIK>
<reportingPersonName>DVDonet.com. Inc.</reportingPersonName>
<fundType>AF</fundType>
<fundType>OO</fundType>
<citizenshipOrOrganization>D8</citizenshipOrOrganization>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>4669346</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>4669346</sharedDispositivePower>
<aggregateAmountOwned>4669346</aggregateAmountOwned>
<isAggregateExcludeShares>N</isAggregateExcludeShares>
<percentOfClass>4.6</percentOfClass>
<typeOfReportingPerson>CO</typeOfReportingPerson>
<commentContent>Note to Items 8, 10, and 11:  Representing 4,669,346 Class B Ordinary Shares held by DVDonet.com. Inc., a British Virgin Islands company.&#13;
&#13;
Note to Item 13:  The percentage of class of securities is calculated based on 101,848,671 issued and outstanding Ordinary Shares as a single class as of March 20, 2024, being the sum of (i) 85,059,953 Class A Ordinary Shares and (ii)16,788,718 Class B Ordinary Shares, based on the information provided by the Issuer on March 29, 2024 in the Form 20-F filed with the Securities and Exchange Commission. &#13;
&#13;
4.6% represents 18.5% of the total outstanding voting power.  Each holder of Class A ordinary shares is entitled to one vote per share and each holder of Class B Shares is entitled to ten votes per share on all matters submitted to them for a vote.</commentContent>
</reportingPersonInfo>
</reportingPersons>
<items1To7>
<item1>
<securityTitle>Class A Ordinary Shares, par value $0.10 per share</securityTitle>
<issuerName>Perfect Corp.</issuerName>
<issuerPrincipalAddress>
<com:street1>14F, No. 98 Minquan Road</com:street1>
<com:street2>Xindian District</com:street2>
<com:city>New Taipei City</com:city>
<com:stateOrCountry>F5</com:stateOrCountry>
<com:zipCode>231</com:zipCode>
</issuerPrincipalAddress>
<commentText>This initial statement on Schedule 13D (this "Schedule 13D") relates to the beneficial ownership interests of the Reporting Persons (as defined below) in the Class A ordinary shares, par value $0.10 per share (the "Class A Ordinary Shares"), of Perfect Corp., a Cayman Islands exempted company with limited liability (the "Issuer"). This Schedule 13D is being filed to supplement the Schedule 13G filed by Ms. Chang on February 10, 2023 ("Schedule 13G"). The principal executive office of the Issuer is 14F, No. 98 Minquan Road, Xindian District, New Taipei City 231, Taiwan.&#13;
&#13;
All references in this Schedule 13D to "Class A Ordinary Shares" or "Shares" include the Class A Ordinary Shares into which the Class B ordinary shares, par value $0.10 per share (the "Class B Ordinary Shares"), is convertible at the election of the Reporting Persons. The Class A Ordinary Shares is a class of securities registered under the Act.</commentText>
</item1>
<item2>
<filingPersonName>This Schedule 13D is being filed by the following persons:&#13;
&#13;
(1)  Alice H. Chang ("Ms. Chang"), Founder, Chairwoman, and Chief Executive Officer of the Issuer, a citizen of R.O.C (Taiwan), whose address of principal business office is Perfect Corp., 14F, No. 98 Minquan Road, Xindian District, New Taipei City 231, Taiwan&#13;
&#13;
(2)  GOLDEN EDGE CO., LTD. ("Golden Edge"), a British Virgin Islands incorporated company with limited liability.&#13;
&#13;
(3)  World Speed Company Limited ("World Speed"), a British Virgin Islands incorporated company with limited liability.&#13;
&#13;
(4)  DVDonet.com. Inc. ("DVDonet"), a British Virgin Islands incorporated company with limited liability.&#13;
&#13;
Each of the foregoing persons is referred to as a "Reporting Person" and collectively as the "Reporting Persons."  Pursuant to a Joint Filing Agreement dated hereof between the Reporting Persons (the "Joint Filing Agreement"), the Reporting Persons have agreed to file this Schedule 13D jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act. A copy of the Joint Filing Agreement is attached hereto as Exhibit 99.1.&#13;
&#13;
Golden Edge is principally engaged in investment holding. The registered address of Golden Edge is Palm Grove House, P.O. Box 438, Road Town, Tortola, British Virgin Islands. Information regarding each director of Golden Edge is set forth on Annex I attached hereto, and Golden Edge does not have any executive officer.  The controlling shareholder of Golden Edge is Ms. Chang, the Founder, Chairwoman, and Chief Executive Officer of the Issuer. &#13;
&#13;
World Speed is principally engaged in investment holding. The registered address of World Speed is Palm Grove House, P.O. Box 438, Road Town, Tortola, British Virgin Islands. Information regarding each director of World Speed is set forth on Annex I attached hereto, and World Speed does not have any executive officer. World Speed is wholly owned by Ms. Chang, the Founder, Chairwoman, and Chief Executive Officer of the Issuer. &#13;
&#13;
DVDonet is principally engaged in investment holding. The registered address of DVDonet is Palm Grove House, P.O. Box 438, Road Town, Tortola, British Virgin Islands. Information regarding each director of DVDonet is set forth on Annex I attached hereto, and DVDonet does not have any executive officer.  DVDonet is wholly owned by World Speed, which is wholly owned by Ms. Chang, the Founder, Chairwoman, and Chief Executive Officer of the Issuer. &#13;
&#13;
During the last five years, none of the Reporting Persons and their respective directors and officers identified in Annex I has been: (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.</filingPersonName>
<principalBusinessAddress>The information set forth or incorporated in Item 2(a) is incorporated by reference in its entirety into this Item 2(b).</principalBusinessAddress>
<principalJob>The information set forth or incorporated in Item 2(a) is incorporated by reference in its entirety into this Item 2(c).</principalJob>
<hasBeenConvicted>The information set forth or incorporated in Item 2(a) is incorporated by reference in its entirety into this Item 2(d).</hasBeenConvicted>
<convictionDescription>The information set forth or incorporated in Item 2(a) is incorporated by reference in its entirety into this Item 2(e).</convictionDescription>
<citizenship>The information set forth or incorporated in Item 2(a) is incorporated by reference in its entirety into this Item 2(f).</citizenship>
</item2>
<item3>
<fundsSource>The information set forth or incorporated in Item 4 is incorporated by reference in its entirety into this Item 3.&#13;
&#13;
Except where otherwise specified in Item 4, the source of funds required for the Acquisition (as defined below) were from Ms. Chang's personal funds.</fundsSource>
</item3>
<item4>
<transactionPurpose>The information set forth in Item 3 is hereby incorporated by reference in this Item 4.&#13;
&#13;
Background&#13;
&#13;
The Issuer is the successor to Provident Acquisition Corp., a special purpose acquisition company with equity securities registered under Section 12(b) of the Act. On October 28, 2022, Ms. Chang, together with the other Reporting Persons, acquired a total of 16,788,718 Class B Ordinary Shares, pursuant to a series of related transactions underlying the business combination between the Issuer and Provident Acquisition Corp., with the Issuer as the surviving corporation.in a merger between the two entities. As further described in Item 6 below, the Class B Ordinary Shares may be converted into an equal number of the Class A Ordinary Shares at Ms. Chang's election.  On October 31, 2022, the Class A Ordinary Shares commenced trading on the NYSE under the symbol "PERF".  Ms. Chang acquired these Class B Ordinary Shares through an exchange of her original equity interests in the underlying business with the Issuer.&#13;
&#13;
Acquisition&#13;
&#13;
On October 27, 2023, Ms. Chang entered into a 10b-5 trading plan (the "10b5-1 Plan").  The amount and timing of any transactions pursuant to the 10b5-1 Plan are determined based on the terms of the 10b5-1 Plan, market conditions and other factors.&#13;
&#13;
The foregoing description of the 10b5-1 Plan is qualified in its entirety by reference to the full text of the 10b5-1 Plan, which is filed as Exhibit 99.2 to this Schedule 13D and incorporated by reference herein.&#13;
&#13;
During the period between June 3 and June 5, 2024, Ms. Chang, pursuant to the 10b5-1 Plan, purchased a total of 597,256 Class A Ordinary Shares at an average price of US$2.36 per share in the open market (the "Acquisition"). The purpose of the Acquisition is to further demonstrate the strong confidence of Ms. Chang, being the Chairwoman, Chief Executive Officer and controlling shareholder of the Issuer, towards the prospects and growth potential of the Issuer, as well as her long-term commitment towards the Issuer. &#13;
&#13;
General &#13;
&#13;
Although none of the Reporting Persons currently has any specific plan or proposal to acquire or dispose of any of the Class A Ordinary Shares or any securities exercisable for or convertible into Class A Ordinary Shares, other than as described herein, each of the Reporting Persons, consistent with her or its respective investment and/or business purposes, at any time and from time to time may directly or indirectly acquire additional Class A Ordinary Shares or its associated rights or securities exercisable for or convertible into Class A Ordinary Shares or dispose of any or all of her or its Class A Ordinary Shares or its respective associated rights or securities exercisable for or convertible into Class A Ordinary Shares depending upon an ongoing evaluation of its investment in such securities, business relationship with the Issuer, applicable legal and/or contractual restrictions, prevailing market conditions, other investment opportunities, liquidity requirements of such Reporting Person and/or other investment considerations. &#13;
&#13;
Ms. Chang, as a director and officer of the Issuer, oversees the Issuer's operations and may engage, directly or indirectly, in communications with one or more other shareholders or other securityholders of the Issuer, one or more officers of the Issuer and/or one or more members of the board of directors of the Issuer and/or one or more representatives of the Issuer regarding the Issuer, including but not limited to its operations. Each of the Reporting Persons, in her or its capacity as a shareholder of the Issuer, may therefore discuss ideas that, if effected, may relate to or result in any of the matters listed in Items 4(a)-(j) of Schedule 13D. &#13;
&#13;
Other than as described above, each of the Reporting Persons report that neither she or it nor, to its knowledge, any of the other persons named in Item 2 of this Schedule 13D, currently has any plan or proposal which relates to, or may result in, any of the matters listed in Items 4(a)-(j) of Schedule 13D, although each of the Reporting Persons may, at any time and from time to time, review or reconsider its position and/or change her or its respective purpose and/or formulate plans or proposals with respect thereto.</transactionPurpose>
</item4>
<item5>
<percentageOfClassSecurities>The information contained in rows 7, 8, 9, 10, 11 and 13 on the cover page of this Schedule 13D and the information set forth or incorporated in Items 3 and 4 of this Schedule 13D is incorporated by reference in its entirety into this Item 5.&#13;
&#13;
The following disclosure assumes that there were 85,059,953 Class A Ordinary Shares and 16,788,718 Class B Ordinary Shares issued and outstanding as of March 20, 2024, based on the information provided by the Issuer on March 29, 2024, in the Form 20-F filed with the Securities and Exchange Commission.&#13;
&#13;
Pursuant to Rule 13d-3 of the rules and regulations promulgated by the SEC pursuant to the Act, the following table summarizes the respective deemed beneficial ownership of the Shares and the voting power held by each Reporting Peron in the Issuer: &#13;
&#13;
Reporting Person:  Alice&#13;
Class A Ordinary Shares:  597,256 Shares&#13;
Class B Ordinary Shares*:  16,788,718 Shares&#13;
Beneficial ownership in the registered class:  17,385,974 Shares&#13;
Percentage of issued share capital of Issuer:  17.1%&#13;
Percentage of voting power in the Issuer:  66.6%&#13;
&#13;
Reporting Person:  Golden Edge&#13;
Class A Ordinary Shares: -&#13;
Class B Ordinary Shares*: 10,622,620 Shares&#13;
Beneficial ownership in the registered class:  10,622,620 Shares&#13;
Percentage of issued share capital of Issuer:  10.4%&#13;
Percentage of voting power in the Issuer:  42/0%&#13;
&#13;
Reporting Person:  World Speed&#13;
Class A Ordinary Shares:  -&#13;
Class B Ordinary Shares*:  5,192,354 Shares&#13;
Beneficial ownership in the registered class:  5,192,354 Shares&#13;
Percentage of issued share capital of Issuer:  5.1%&#13;
Percentage of voting power in the Issuer:  20.5%&#13;
&#13;
Reporting Person:  DVDonet&#13;
Class A Ordinary Shares:  -&#13;
Class B Ordinary Shares*:  4,669,346 Shares&#13;
Beneficial ownership in the registered class:  4,669,346 Shares&#13;
Percentage of issued share capital of Issuer:  4.6%&#13;
Percentage of voting power in the Issuer:  18.5%&#13;
&#13;
Reporting Person:&#13;
Class A Ordinary Shares&#13;
Class B Ordinary Shares*&#13;
Beneficial ownership in the registered class:&#13;
Percentage of issued share capital of Issuer:&#13;
Percentage of voting power in the Issuer:&#13;
&#13;
*Note: Each Class B Ordinary Share is convertible into one Class A Ordinary Share at any time at the election of the respective Reporting Person.</percentageOfClassSecurities>
<numberOfShares>The information contained in rows 7, 8, 9, 10, 11 and 13 on the cover page of this Schedule 13D and the information set forth or incorporated in Items 3 and 4 of this Schedule 13D is incorporated by reference in its entirety into this Item 5.&#13;
&#13;
The information set forth in Items 5(a) is hereby incorporated by reference in this Item 5(b).</numberOfShares>
<transactionDesc>The information contained in rows 7, 8, 9, 10, 11 and 13 on the cover page of this Schedule 13D and the information set forth or incorporated in Items 3 and 4 of this Schedule 13D is incorporated by reference in its entirety into this Item 5.&#13;
&#13;
The Reporting Persons report that none of them, nor to their respective knowledge, any person named in Item 2 of this Schedule 13D, has effected any transactions in the Class A Ordinary Shares during the past 60 days, except as disclosed herein.</transactionDesc>
<listOfShareholders>The information contained in rows 7, 8, 9, 10, 11 and 13 on the cover page of this Schedule 13D and the information set forth or incorporated in Items 3 and 4 of this Schedule 13D is incorporated by reference in its entirety into this Item 5.&#13;
&#13;
No one other than the Reporting Persons has the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of, any of the securities of the Issuer beneficially owned by the Reporting Person as described in Item 5.</listOfShareholders>
<date5PercentOwnership>Not applicable.</date5PercentOwnership>
</item5>
<item6>
<contractDescription>The information set forth in Items 3 and 4 is hereby incorporated by reference in this Item 6. Other than the matters disclosed in this Schedule 13D, none of the Reporting Persons is a party to any contracts, arrangements, understandings, or relationships with respect to any securities of the Issuer, including but not limited to the transfer or voting of any of the securities, finder's fees, joint ventures, loan or option agreements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies. &#13;
&#13;
The rights of the holders of the Class A Ordinary Shares and Class B Ordinary Shares are substantially identical, except for voting and conversion rights.  Each Class B Ordinary Share shall entitle the holder thereof to ten votes on all matters subject to vote at general meetings of the Issuer, and each Class A Ordinary Share shall entitle the holder thereof to one vote on all matters subject to vote at general meetings of the Issuer. In addition, each Class B Ordinary Share is convertible into one Class A Ordinary Share at any time at the option of the holder thereof. Each Class B Ordinary Share shall, automatically and immediately, without any further action from the holder thereof, convert into one Class A Ordinary Share when it ceases being beneficially owned by DVDOnet.com. Inc., Golden Edge Co., Ltd., World Speed Company Limited or Ms. Chang. Class A Ordinary Shares are not convertible into Class B Ordinary Shares under any circumstances.</contractDescription>
</item6>
<item7>
<filedExhibits>Exhibit 99.1:  Joint Filing Agreement&#13;
&#13;
Exhibit 99.2:  Perfect Corporation Stock Purchase Plan for Alice H. Chang (the "10b5-1 Plan") &#13;
&#13;
Exhibit 99.3:  Annex I: Directors and Executive Officers</filedExhibits>
</item7>
</items1To7>
<signatureInfo>
<signaturePerson>
<signatureReportingPerson>Chang Alice Hua-Jen</signatureReportingPerson>
<signatureDetails>
<signature>/s/ Alice H. Chang</signature>
<title>CEO and chairwoman of the Board</title>
<date>02/05/2025</date>
</signatureDetails>
</signaturePerson>
<signaturePerson>
<signatureReportingPerson>GOLDEN EDGE CO., LTD.</signatureReportingPerson>
<signatureDetails>
<signature>/s/ Iris Chen</signature>
<title>Director</title>
<date>02/05/2025</date>
</signatureDetails>
</signaturePerson>
<signaturePerson>
<signatureReportingPerson>World Speed Company Limited</signatureReportingPerson>
<signatureDetails>
<signature>/s/ Liang-Chu Sun</signature>
<title>World Speed Company Limited</title>
<date>02/05/2025</date>
</signatureDetails>
</signaturePerson>
<signaturePerson>
<signatureReportingPerson>DVDonet.com. Inc.</signatureReportingPerson>
<signatureDetails>
<signature>/s/ Liang-Chu Sun</signature>
<title>Director</title>
<date>02/05/2025</date>
</signatureDetails>
</signaturePerson>
</signatureInfo>
</formData>

</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exh99-1.htm
<DESCRIPTION>JOINT FILING AGREEMENT
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: K&LGates
         Document created using Broadridge PROfile 25.1.1.5279
         Copyright 1995 - 2025 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <font style="font-family: 'Times New Roman',Times,serif; font-size: 12pt;"> </font>
  <div style="font-family: 'Times New Roman',Times,serif; font-size: 12pt;"><br>
  </div>
  <div style="font-family: 'Times New Roman',Times,serif; font-size: 12pt;"><br>
  </div>
  <div>
    <div style="text-align: right; margin-top: 8pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold;">Exhibit 99.1</div>
    <div style="text-align: center; margin-top: 10pt; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold;">JOINT FILING AGREEMENT</div>
    <div style="text-align: justify; margin-right: 1pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the persons named below
      agree to the joint filing on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the Class A Ordinary Shares of Perfect Corp. and further agree that this Joint Filing Agreement be included as an
      Exhibit to such joint filings.</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif; font-size: 12pt;"><br>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">Dated: February 5, 2025</div>
    <div style="margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif; font-size: 12pt;"><br>
    </div>
    <table cellspacing="0" cellpadding="0" border="0" id="z169537d85f764d338fe352305c892905" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="width: 50%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="1">&#160;</td>
          <td style="vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="3">
            <div style="text-align: justify; margin-bottom: 20pt; font-weight: bold;">Alice H. Chang</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="1">&#160;</td>
          <td style="width: 4%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: justify;">By:</div>
          </td>
          <td style="vertical-align: bottom; border-bottom: 0.5pt solid rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="2">
            <div style="text-align: justify;">/s/ Alice H. Chang</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="1">&#160;</td>
          <td style="width: 4%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">&#160;</td>
          <td style="width: 5%; vertical-align: top; border-top: 0.5pt solid rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: justify;">Name:</div>
          </td>
          <td style="width: 41%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: justify;">Alice H. Chang</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="1">&#160;</td>
          <td style="width: 4%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">&#160;</td>
          <td style="width: 5%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: justify;">Title:</div>
          </td>
          <td style="width: 41%; vertical-align: top;">
            <div style="text-align: justify; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">CEO and chairwoman of the Board</div>
            <div style="font-family: 'Times New Roman',Times,serif; font-size: 12pt;">&#160;</div>
          </td>
        </tr>

    </table>
    <div style="margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 12pt;"><br>
    </div>
    <div style="margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

          <tr>
            <td style="width: 50%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="1">&#160;</td>
            <td style="vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="3">
              <div style="margin: 0px 0px 10pt; font-weight: bold;">GOLDEN EDGE CO., LTD.</div>
              <div> <br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="1">&#160;</td>
            <td style="width: 4%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
              <div style="text-align: justify;">By:</div>
            </td>
            <td style="vertical-align: bottom; border-bottom: 0.5pt solid rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="2">/s/ Iris Chen</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="1">&#160;</td>
            <td style="width: 4%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">&#160;</td>
            <td style="width: 5%; vertical-align: top; border-top: 0.5pt solid rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
              <div style="text-align: justify;">Name:</div>
            </td>
            <td style="width: 41%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">Iris Chen</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="1">&#160;</td>
            <td style="width: 4%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">&#160;</td>
            <td style="width: 5%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
              <div style="text-align: justify;">Title:</div>
            </td>
            <td style="width: 41%; vertical-align: top;">
              <div style="text-align: justify; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">Director</div>
              <div style="font-family: 'Times New Roman',Times,serif; font-size: 12pt;">&#160;</div>
            </td>
          </tr>

      </table>
    </div>
    <div style="margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 12pt;"><br>
    </div>
    <div style="margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

          <tr>
            <td style="width: 50%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="1">&#160;</td>
            <td style="vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="3">
              <div style="text-align: justify; margin-bottom: 20pt; font-weight: bold;">World Speed Company Limited</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="1">&#160;</td>
            <td style="width: 4%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
              <div style="text-align: justify;">By:</div>
            </td>
            <td style="vertical-align: bottom; border-bottom: 0.5pt solid rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="2">
              <div style="text-align: justify;">/s/ Liang-Chu Sun</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="1">&#160;</td>
            <td style="width: 4%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">&#160;</td>
            <td style="width: 5%; vertical-align: top; border-top: 0.5pt solid rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
              <div style="text-align: justify;">Name:</div>
            </td>
            <td style="width: 41%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
              <div style="text-align: justify;">Liang-Chu Sun</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="1">&#160;</td>
            <td style="width: 4%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">&#160;</td>
            <td style="width: 5%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
              <div style="text-align: justify;">Title:</div>
            </td>
            <td style="width: 41%; vertical-align: top;">
              <div style="text-align: justify; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">Director</div>
              <div style="font-family: 'Times New Roman',Times,serif; font-size: 12pt;">&#160;</div>
            </td>
          </tr>

      </table>
      <div style="margin-bottom: 10pt;"><br>
      </div>
      <div style="margin-bottom: 10pt;">
        <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

            <tr>
              <td style="width: 50%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="1">&#160;</td>
              <td style="vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="3">
                <div style="margin: 0px 0px 10pt; font-weight: bold;">DVDonet.com. Inc.</div>
                <div> <br>
                </div>
              </td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="1">&#160;</td>
              <td style="width: 4%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
                <div style="text-align: justify;">By:</div>
              </td>
              <td style="vertical-align: bottom; border-bottom: 0.5pt solid rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="2">/s/ Liang-Chu Sun</td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="1">&#160;</td>
              <td style="width: 4%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">&#160;</td>
              <td style="width: 5%; vertical-align: top; border-top: 0.5pt solid rgb(0, 0, 0); font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
                <div style="text-align: justify;">Name:</div>
              </td>
              <td style="width: 41%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">Liang-Chu Sun</td>
            </tr>
            <tr>
              <td style="width: 50%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="1">&#160;</td>
              <td style="width: 4%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">&#160;</td>
              <td style="width: 5%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
                <div style="text-align: justify;">Title:</div>
              </td>
              <td style="width: 41%; vertical-align: top;">
                <div style="text-align: justify; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">Director</div>
                <div style="font-family: 'Times New Roman',Times,serif; font-size: 12pt;">&#160;</div>
              </td>
            </tr>

        </table>
      </div>
      <div style="margin-bottom: 10pt;"><br>
      </div>
      <div style="margin-bottom: 10pt;"><br>
      </div>
    </div>
  </div>
  <font style="font-family: 'Times New Roman',Times,serif; font-size: 12pt;"> </font>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>exh99-2.htm
<DESCRIPTION>PERFECT CORPORATION STOCK PURCHASE PLAN FOR ALICE H. CHANG (THE "10B5-1 PLAN")
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: K&LGates
         Document created using Broadridge PROfile 25.1.1.5279
         Copyright 1995 - 2025 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <font style="font-size: 12pt;"><br>
  </font>
  <div style="text-align: right;"><font style="font-weight: bold; font-size: 12pt;">Exhibit 99.2</font><font style="font-size: 12pt;"><br>
    </font></div>
  <div style="font-size: 12pt;"><br>
  </div>
  <div style="font-size: 12pt;"><br>
    <div style="text-align: center; margin-top: 4.15pt; font-family: 'Times New Roman',serif; font-size: 14pt; font-weight: bold;">Perfect Corporation Stock Purchase Plan for Alice H. Chang</div>
    <div style="margin-top: 0.4pt;"><br>
    </div>
    <div style="text-align: justify; margin-top: 0.05pt; font-family: 'Times New Roman',serif; text-indent: 45pt;">This Stock Purchase Plan (this &#8220;<font style="font-style: italic;">Plan</font>&#8221;) is entered into this 27 day of October, 2023 (&#8220;<font style="font-style: italic;">Adoption Date</font>&#8221;) between Alice H. Chang (the &#8220;<font style="font-style: italic;">Participant</font>&#8221;) and Piper Sandler &amp; Co. (the &#8220;<font style="font-style: italic;">Broker</font>&#8221;).</div>
    <div style="margin-top: 0.2pt;"><br>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman',serif; font-weight: bold;">Recitals</div>
    <div style="margin-top: 0.35pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman',serif; text-indent: 36pt;">The Participant desires to establish this Plan to Purchase shares of common stock (the &#8220;<font style="font-style: italic;">Stock</font>&#8221;), of Perfect Corporation (the &#8220;<font style="font-style: italic;">Issuer</font>&#8221;).</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman',serif; text-indent: 36pt;">The Participant desires to engage the Broker to effect purchases of shares of the Stock in accordance with this Plan.</div>
    <div style="margin-top: 0.05pt;"><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman',serif; text-indent: 36pt;">The Stock is principally traded on the NYSE Consolidated Exchange (the &#8220;<font style="font-style: italic;">Exchange</font>&#8221;).</div>
    <div style="margin-top: 0.25pt;"><br>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman',serif; font-weight: bold;">Agreement</div>
    <div style="margin-top: 0.3pt;"><br>
    </div>
    <div style="margin-top: 0.05pt; font-family: 'Times New Roman',serif; text-indent: 36pt;">Therefore, the Participant and the Broker hereby agree as follows:</div>
    <div style="margin-top: 0.55pt;"><br>
    </div>
    <div style="margin-top: 0.55pt; text-indent: 36pt; text-align: justify;"><font style="font-weight: bold;">1.</font>&#160;&#160;&#160;&#160; The Broker shall use its best efforts, consistent with ordinary principles of best execution, to effect planned transactions in the
      Stock (each, a &#8220;<font style="font-family: 'Times New Roman',serif; font-style: italic;">Planned Transaction</font>&#8221;) pursuant to the instructions set forth on <font style="font-family: 'Times New Roman',serif;"><u>Attachment A</u></font> (the &#8220;<font style="font-family: 'Times New Roman',serif; font-style: italic;">Instructions</font>&#8221;) commencing on the date set forth in the Instructions.</div>
    <div style="margin-top: 0.55pt;"><br>
    </div>
    <div style="text-align: justify; margin-top: 0.05pt; font-family: 'Times New Roman',serif;">Subject to the Instructions, the Broker shall in its sole discretion choose the time(s) at which Planned Transaction(s) shall occur,
      whether to effect a Planned Transaction in bulk purchases or smaller increments depending on market demand and the price at which any Planned Transaction is effected. All shares shall be traded on a not-held basis. The purchase of the Stock pursuant
      to this Plan shall be executed by the Broker without prior consultation with or notice to the Participant. If any of the Instructions, either read separately or read in conjunction with the rest of this Plan, would result in conflicting, ambiguous or
      confusing directions, the Participant hereby authorizes the Broker to use its discretion to effect that portion of the Instructions as the Broker so determines. The Participant shall not attempt to exercise any influence over how, when or whether to
      effect Planned Transactions pursuant to this Plan. The Participant will not, directly or indirectly, communicate any material nonpublic information about the Stock or the Issuer to any employee of Broker other than an investment banking employee.</div>
    <div style="text-align: justify; margin-top: 0.05pt; font-family: 'Times New Roman',serif;"> <br>
    </div>
    <div style="text-align: justify; margin-top: 0.05pt; font-family: 'Times New Roman',serif; text-indent: 36pt;"><font style="font-weight: bold;">2.</font>&#160;&#160;&#160;&#160; This Plan shall become effective on the date hereof and shall
      terminate as described in Attachment A. Notwithstanding the provisions in Attachment A, the Participant may terminate this Plan at any time by providing written notice of termination prior to the requested date of termination.</div>
    <div style="text-align: justify; margin-top: 0.05pt; font-family: 'Times New Roman',serif; text-indent: 36pt;"> <br>
    </div>
    <div style="text-align: justify; margin-top: 0.05pt; font-family: 'Times New Roman',serif; text-indent: 36pt;"><font style="font-weight: bold;">3.</font>&#160;&#160;&#160;&#160; The Participant understands that if the Broker is not able to
      effect part or all of a Planned Transaction due to a market disruption or a legal, regulatory, or contractual restriction applicable to the Broker or due to the exercise of any time/price discretion granted to the Broker under this Plan, then such
      Planned Transaction shall be suspended during such event. The Broker shall effect such Planned Transaction, or part thereof, as promptly as practical after the cessation or termination of such market disruption, applicable restriction, or other
      event, provided that no such Planned Transaction shall be effected after the termination of this Plan.</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="width: 100%;" class="BRPFPageFooter">
        <div style="color: #000000; font-family: 'Times New Roman', 'Times New Roman PSMT', serif; font-size: 9pt;">PSC 10b5-1 Stock Purchase Plan </div>
        <div style="color: #000000; font-family: 'Times New Roman', 'Times New Roman PSMT', serif; font-size: 9pt;">March 2023</div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; margin-top: 4pt; font-family: 'Times New Roman',serif;"> <br>
    </div>
    <div style="text-align: justify; margin-top: 4pt; font-family: 'Times New Roman',serif; text-indent: 36pt;"><font style="font-weight: bold;">4.</font>&#160;&#160;&#160;&#160; The Participant represents and warrants that the Participant:</div>
    <div><br>
    </div>
    <div style="margin-left: 36pt; text-indent: 27pt;">(a)&#160;&#160;&#160;&#160; is not aware of any material nonpublic information with respect to the Stock or the Issuer and during the term of the Plan will not, directly or indirectly, communicate any material nonpublic
      information relating to the Stock or the Issuer;</div>
    <div style="margin-left: 36pt; text-indent: 27pt;"> <br>
    </div>
    <div style="margin-left: 36pt; text-indent: 27pt;">(b)&#160;&#160;&#160;&#160; adopted this Plan in good faith and not as part of a plan or scheme to evade the prohibitions of SEC Rule 10b5-1;\<br>
      <div><br>
      </div>
      <div style="text-align: justify;">(c)&#160;&#160;&#160;&#160; adopted this Plan in compliance with the requirements of SEC Rule 10b5-1; </div>
      <div style="text-align: justify; text-indent: 45pt;"> <br>
      </div>
      <div style="text-align: justify;">(d)&#160;&#160;&#160;&#160; has selected a trading commencement date set forth on the Instructions that complies with the applicable cooling off period under SEC Rule 10b5-1(c)(1)(i)(B).</div>
      <div style="text-align: justify;"> <br>
      </div>
      <div style="text-align: justify;">(e)&#160;&#160;&#160;&#160; has no other outstanding contract, instruction, or plan that would qualify for the affirmative defense under SEC Rule 10b5-1(c)(1) for purchases or sales of Issuer securities, including the Stock, on the open
        market except as permitted by SEC Rule 10b5- 1(c)(1)(ii)(D) and, while this Plan is in effect, will not enter into any such contract, instruction, or plan;</div>
      <div style="text-align: justify;"> <br>
      </div>
      <div style="text-align: justify;">(f)&#160;&#160;&#160;&#160; if this Plan is a single trade arrangement as defined in SEC Rule 10b5- 1(c)(1)(ii)(E) (a &#8220;<font style="font-family: 'Times New Roman',serif; font-style: italic;">Single Trade Plan</font>&#8221;),

        has not entered into a Single Trade Plan during the prior 12-month period except as permitted by SEC Rule 10b5-1(c)(1)(ii)(D)(3) for certain sell-to-cover transactions.</div>
      <div style="text-align: justify;"> <br>
      </div>
      <div style="text-align: justify;">(g)&#160;&#160;&#160;&#160; is not subject to any legal, regulatory, or contractual restriction or undertaking that would prevent the Broker from conducting the Planned Transactions in accordance with this Plan;</div>
      <div style="text-align: justify;"> <br>
      </div>
      <div style="text-align: justify;">(h)&#160;&#160;&#160;&#160; owns free and clear of any liens, claims, encumbrances or other restrictions the shares of Stock to be purchased under this Plan subject, in the case of shares of Stock underlying stock options to be
        exercised pursuant to this Plan, only to the compliance by the Participant with the exercise provisions of such options;</div>
      <div style="text-align: justify;"> <br>
      </div>
      <div style="text-align: justify;">(i)&#160;&#160;&#160;&#160; is or is not an affiliate of the Issuer for purposes of SEC Rule 144 as indicated on the Instructions;</div>
      <div style="text-align: justify;"> <br>
      </div>
      <div style="text-align: justify;">(j)&#160;&#160;&#160;&#160; is currently able to purchase and sell shares of Stock in accordance with the Issuer&#8217;s insider-trading policies and has obtained the approval of the Issuer&#8217;s General Counsel (or other appropriate compliance
        officer) to enter into this Plan at this time which approval is evidenced below by the Issuer&#8217;s acknowledgement hereof.</div>
      <br>
    </div>
    <div style="text-indent: 36pt; text-align: justify;"><font style="font-weight: bold;">5.</font>&#160;&#160;&#160;&#160; The Participant shall immediately notify the Broker if the Participant becomes subject to a legal, regulatory, or contractual restriction or undertaking
      that would prevent the Broker from making Planned Transactions under this Plan, and, in such a case, the Participant and the Broker shall cooperate to amend or otherwise revise this Plan to take account of the restriction or undertaking (but neither
      party shall be obligated to take any action that would be inconsistent with SEC Rule 10b5-1(c)).</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="width: 100%;" class="BRPFPageFooter">
        <div style="color: #000000; font-family: 'Times New Roman', 'Times New Roman PSMT', serif; font-size: 9pt;">PSC 10b5-1 Stock Purchase Plan </div>
        <div style="color: #000000; font-family: 'Times New Roman', 'Times New Roman PSMT', serif; font-size: 9pt;">March 2023</div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 36pt; text-align: justify;"><font style="font-weight: bold;">6.</font>&#160;&#160;&#160;&#160; It is the parties&#8217; intent that this Plan comply with the requirements of SEC Rule 10b5-1(c)(1) and this Plan shall be interpreted to comply with the
      requirements thereof. Any provision of this Plan that cannot be construed in accordance with Rule 10b5-1(c) shall be void.</div>
    <div> <br>
    </div>
    <div style="text-indent: 36pt; text-align: justify;"><font style="font-weight: bold;">7.</font>&#160;&#160;&#160;&#160; The Participant acknowledges that the Issuer may suspend the Planned Transactions at such times and for such periods as may be advisable to ensure
      compliance with, among other things, applicable securities laws and regulations, rules of the Exchange, or contractual or accounting requirements in connection with acquisitions or dispositions by the Issuer or the Issuer&#8217;s purchases or sales of its
      securities. Any such suspension shall be communicated to the Broker in writing by the Issuer&#8217;s General Counsel or other appropriate compliance officer and shall contain an acknowledgment that such suspension is being made in accordance with Rule
      10b5-1(c).</div>
    <div> <br>
    </div>
    <div style="text-indent: 36pt; text-align: justify;"><font style="font-weight: bold;">8.</font>&#160;&#160;&#160;&#160; The Broker agrees not to use any information about the Planned Transactions in connection with purchases or sales of, or trading in, any securities of
      the Issuer, or derivative securities thereof, or provide other people with such information or recommend that other people buy or sell securities based upon such information.</div>
    <div> <br>
    </div>
    <div style="text-indent: 36pt; text-align: justify;"><font style="font-weight: bold;">9.</font>&#160;&#160;&#160;&#160; The Participant agrees to make, or to assist the Issuer in making, all filings required under Sections 13(d) and 16 of the Securities Exchange Act of
      1934 (<font style="font-family: 'Times New Roman',serif; font-style: italic;">e.g.</font>, Forms 4 and 5) with respect to the Planned Transactions. The Broker shall have no responsibility for any such filings. However, as a
      courtesy to the Participant, the Broker will use its reasonable best efforts to notify the designated individuals of the Issuer of the relevant trade details of any Planned Transaction no later than 24 hours from the date of execution of such Planned
      Transaction. The Broker will notify the individual(s) designated on the Instructions by email.</div>
    <div> <br>
    </div>
    <div style="text-indent: 36pt; text-align: justify;"><font style="font-weight: bold;">10.</font>&#160;&#160;&#160; The Participant agrees that the Issuer, in its discretion, may publicly disclose the existence and terms of this Plan.</div>
    <div> <br>
    </div>
    <div style="text-indent: 36pt; text-align: justify;"><font style="font-weight: bold;">11.</font>&#160;&#160;&#160; All share numbers and dollar amounts set forth in this Plan shall automatically be adjusted to reflect stock splits, stock dividends, and similar events
      occurring after the date hereof.</div>
    <div> <br>
    </div>
    <div style="text-indent: 36pt; text-align: justify;"><font style="font-weight: bold;">12.</font>&#160;&#160;&#160; The Participant may trade in securities of the Issuer in addition to the Planned Transaction, provided that the Participant complies with the
      insider-trading policies of the Issuer and applicable regulatory requirements and the Participant does not enter into or alter a corresponding or hedging transaction or position with respect to the Planned Transactions. The Participant agrees to
      promptly notify the Broker of any transaction in the Stock by the Participant other than a Planned Transaction pursuant to this Plan.</div>
    <div> <br>
    </div>
    <div style="text-indent: 36pt; text-align: justify;"><font style="font-weight: bold;">13.</font>&#160;&#160;&#160; This Plan may be amended only by a writing executed by the Participant and the Broker that is acknowledged by the Issuer. Any such written amendment
      modifying or changing the amount, price, or timing of the purchase of Stock under this Plan shall contain the Participant&#8217;s representation that the Participant knows of no material nonpublic information regarding the Stock or the Issuer as of the
      date thereof and that the amendment is adopted in good faith and not as part of a plan or scheme to evade the prohibitions of SEC Rule 10b5-1.</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
      <br>
    </div>
    <div><br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="width: 100%;" class="BRPFPageFooter">
        <div style="color: #000000; font-family: 'Times New Roman', 'Times New Roman PSMT', serif; font-size: 9pt;">PSC 10b5-1 Stock Purchase Plan </div>
        <div style="color: #000000; font-family: 'Times New Roman', 'Times New Roman PSMT', serif; font-size: 9pt;">March 2023</div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="margin-top: 0.05pt;"><br>
    </div>
    <div style="text-align: center; margin-top: 4.5pt; font-family: 'Times New Roman',serif;">[Signature Page Follows]</div>
    <div style="text-align: center; margin-top: 4.5pt; font-family: 'Times New Roman',serif;"> <br>
    </div>
    <div style="text-align: center; margin-top: 4.5pt; font-family: 'Times New Roman',serif;"> <br>
    </div>
    <div style="text-align: center; margin-top: 4.5pt; font-family: 'Times New Roman',serif;"> <br>
    </div>
    <div style="text-align: center; margin-top: 4.5pt; font-family: 'Times New Roman',serif;"> <br>
    </div>
    <div style="text-align: center; margin-top: 4.5pt; font-family: 'Times New Roman',serif;"> <br>
    </div>
    <div style="text-align: center; margin-top: 4.5pt; font-family: 'Times New Roman',serif;"> <br>
    </div>
    <div style="text-align: center; margin-top: 4.5pt; font-family: 'Times New Roman',serif;"> <br>
    </div>
    <div style="text-align: center; margin-top: 4.5pt; font-family: 'Times New Roman',serif;"><br>
      <br>
      <div><br>
      </div>
      <div><br>
        <br>
        <div><br>
        </div>
        <div><br>
        </div>
        <div><br>
        </div>
        <div><br>
        </div>
        <div><br>
        </div>
        <div><br>
        </div>
        <div><br>
        </div>
        <div><br>
        </div>
        <div><br>
        </div>
        <br>
      </div>
      <br>
    </div>
    <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="width: 100%;" class="BRPFPageFooter">
        <div style="color: #000000; font-family: 'Times New Roman', 'Times New Roman PSMT', serif; font-size: 9pt;">PSC 10b5-1 Stock Purchase Plan </div>
        <div style="color: #000000; font-family: 'Times New Roman', 'Times New Roman PSMT', serif; font-size: 9pt;">March 2023</div>
      </div>
      <div class="BRPFPageBreak" style="page-break-after: always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0px; height: 2px; color: rgb(0, 0, 0); background-color: rgb(0, 0, 0); clear: both;"></div>
    </div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman',serif; text-indent: 36pt;">IN WITNESS WHEREOF, the undersigned have signed this Plan as of the date first written above.</div>
    <div style="margin-top: 0.1pt; font-family: 'Times New Roman',serif;"><br>
    </div>
    <div style="font-family: 'Times New Roman',Times,serif; font-size: 10pt;">
      <table cellspacing="0" cellpadding="0" border="0" style="width: 100%;" id="z60c6057761904bb79e85323e17a01e6b">

          <tr>
            <td style="width: 50%; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
            <td style="width: 5%; font-family: 'Times New Roman',serif; font-size: 12pt;" rowspan="1" colspan="2">PARTICIPANT</td>
          </tr>
          <tr>
            <td style="width: 50%; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
            <td style="width: 5%; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
            <td style="width: 45%; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
            <td style="width: 5%; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
            <td style="width: 45%; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; font-family: 'Times New Roman',serif; font-size: 12pt; padding-bottom: 1px;" rowspan="1">&#160;</td>
            <td style="width: 5%; border-bottom: 1px solid rgb(0, 0, 0);" rowspan="1" colspan="2">/s/ Alice H. Chang</td>
          </tr>
          <tr>
            <td style="width: 50%; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
            <td style="width: 5%;" rowspan="1" colspan="2">
              <div style="font-family: 'Times New Roman',serif; font-size: 12pt;">Alice H. Chang</div>
              <div style="font-family: 'Times New Roman',serif; font-size: 12pt;">&#160; <br>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; font-family: 'Times New Roman',serif; font-size: 12pt;" rowspan="1">&#160;</td>
            <td style="width: 5%; font-family: 'Times New Roman',serif; font-size: 12pt;" rowspan="1" colspan="2">PIPER SANDLER &amp; CO.</td>
          </tr>
          <tr>
            <td style="width: 50%; font-family: 'Times New Roman',serif; font-size: 12pt;" rowspan="1">&#160;</td>
            <td style="width: 5%; font-family: 'Times New Roman',serif; font-size: 12pt;" rowspan="1">&#160;</td>
            <td style="width: 45%; font-family: 'Times New Roman',serif; font-size: 12pt;" rowspan="1">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; font-family: 'Times New Roman',serif; font-size: 12pt;" rowspan="1">&#160;</td>
            <td style="width: 5%; font-family: 'Times New Roman',serif; font-size: 12pt;" rowspan="1">&#160;</td>
            <td style="width: 45%; font-family: 'Times New Roman',serif; font-size: 12pt;" rowspan="1">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; padding-bottom: 1px; font-family: 'Times New Roman',serif; font-size: 12pt;" rowspan="1">&#160;</td>
            <td style="width: 5%; padding-bottom: 1px; font-family: 'Times New Roman',serif; font-size: 12pt;" rowspan="1">&#160;</td>
            <td style="width: 45%; border-bottom: 1px solid rgb(0, 0, 0); font-family: 'Times New Roman',serif; font-size: 12pt;" rowspan="1">/s/ Jay A. Hershey </td>
          </tr>
          <tr>
            <td style="width: 50%; padding-bottom: 1px; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
            <td style="width: 5%; padding-bottom: 1px; font-family: 'Times New Roman',serif; font-size: 12pt;">By:<br>
            </td>
            <td style="width: 45%; border-bottom: 1px solid rgb(0, 0, 0); font-family: 'Times New Roman',serif; font-size: 12pt;"> Jay A. Hershey <br>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; padding-bottom: 1px; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
            <td style="width: 5%; padding-bottom: 1px; font-family: 'Times New Roman',serif; font-size: 12pt;">Its:<br>
            </td>
            <td style="width: 45%; font-family: 'Times New Roman',serif; font-size: 12pt; text-align: left; border-bottom: 1px solid rgb(0, 0, 0);">
              <div>Managing Director, CVS</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
            <td style="width: 5%; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
            <td style="width: 45%; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
          </tr>

      </table>
    </div>
    <div style="margin-top: 0.1pt; font-family: 'Times New Roman',serif;"><br>
    </div>
    <div style="margin-top: 0.1pt; font-family: 'Times New Roman',serif;"><br>
    </div>
  </div>
  <div style="font-family: 'Times New Roman',Times,serif;"><font style="font-family: 'Times New Roman',serif; font-size: 12pt;">Acknowledged by: <br>
    </font>
    <div style="font-family: 'Times New Roman',serif; font-size: 12pt;"><br>
    </div>
    <div style="font-family: 'Times New Roman',serif; font-size: 12pt;">PERFECT CORPORATION</div>
    <div style="font-family: 'Times New Roman',serif; font-size: 12pt;"><br>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" id="zeb954495fd0540e595a40da0d013b6b9">

          <tr>
            <td style="width: 5%; font-family: 'Times New Roman',serif; font-size: 12pt;" rowspan="1">&#160;</td>
            <td style="width: 45%; font-family: 'Times New Roman',serif; font-size: 12pt;" rowspan="1">&#160;</td>
            <td style="width: 50%; font-family: 'Times New Roman',serif; font-size: 12pt;" rowspan="1">&#160;</td>
          </tr>
          <tr>
            <td style="width: 5%; padding-bottom: 1px; font-family: 'Times New Roman',serif; font-size: 12pt;" rowspan="1">&#160;</td>
            <td style="width: 45%; border-bottom: 1px solid rgb(0, 0, 0); font-family: 'Times New Roman',serif; font-size: 12pt;" rowspan="1">/s/ Daniel Lee </td>
            <td style="width: 50%; padding-bottom: 1px; font-family: 'Times New Roman',serif; font-size: 12pt;" rowspan="1">&#160;</td>
          </tr>
          <tr>
            <td style="width: 5%; padding-bottom: 1px; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>By: <br>
              </div>
            </td>
            <td style="width: 45%; border-bottom: 1px solid rgb(0, 0, 0); font-family: 'Times New Roman',serif; font-size: 12pt;">Daniel Lee</td>
            <td style="width: 50%; padding-bottom: 1px; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; padding-bottom: 1px; font-family: 'Times New Roman',serif; font-size: 12pt;">Its:<br>
            </td>
            <td style="width: 45%; border-bottom: 1px solid rgb(0, 0, 0); font-family: 'Times New Roman',serif; font-size: 12pt;">General Counsel <br>
            </td>
            <td style="width: 50%; padding-bottom: 1px; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
            <td style="width: 45%; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
            <td style="width: 50%; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 5%; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
            <td style="width: 45%; font-family: 'Times New Roman',serif; font-size: 12pt;">
              <div>&#160;</div>
            </td>
            <td style="width: 50%; font-family: 'Times New Roman',serif;">
              <div>&#160;</div>
            </td>
          </tr>

      </table>
    </div>
    <div style="font-family: 'Times New Roman',serif;"><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <br>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
      <div id="BRPFPageFooter">
        <div>
          <div style="color: #000000; font-family: 'Times New Roman', 'Times New Roman PSMT', serif; font-size: 9pt;">PSC 10b5-1 Stock Purchase Plan </div>
          <div style="color: #000000; font-family: 'Times New Roman', 'Times New Roman PSMT', serif; font-size: 9pt;">March 2023</div>
        </div>
      </div>
      <div style="page-break-after: always;" class="BRPFPageBreak">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: right; font-size: 12pt;"><u><font style="font-weight: bold;">Attachment A</font></u><br>
    </div>
    <br>
    <div style="text-align: center; font-size: 12pt;">INSTRUCTIONS</div>
    <div style="font-size: 12pt;"><br>
    </div>
    <div>
      <div style="font-size: 12pt;">This Attachment A is incorporated into and made part of the Stock Purchase Plan between the Participant and the Broker. All capitalized terms used but not otherwise defined herein shall have the meanings given to them
        elsewhere in the Plan.</div>
      <div style="font-size: 11pt;"><br>
      </div>
      <table cellspacing="0" cellpadding="5" border="0" id="zc9c3d3e1ed5e4e7183720ebb649654c3" style="width: 100%;">

          <tr>
            <td style="background-color: #D4D4D4; border-left: 1px solid #000000; border-right: 1px solid #000000; border-top: 1px solid #000000; width: 100%; font-size: 11pt;" colspan="2">
              <div style="text-align: center;">Participant/Plan Information</div>
            </td>
          </tr>
          <tr>
            <td style="width: 35.02%; font-size: 11pt; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div>Participant Name:</div>
            </td>
            <td style="width: 64.98%; font-size: 11pt; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
              <div>Alice H. Chang</div>
            </td>
          </tr>
          <tr>
            <td style="width: 35.02%; font-size: 11pt; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div>Participant [check one]:</div>
            </td>
            <td style="width: 64.98%; font-size: 11pt; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
              <div>is &#9746; is not &#9744; an affiliate of the Issuer for purposes of Rule 144</div>
            </td>
          </tr>
          <tr>
            <td style="width: 35.02%; font-size: 11pt; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div>Adoption Date of Stock Sale Plan</div>
            </td>
            <td style="width: 64.98%; font-size: 11pt; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
              <div>October 27, 2023</div>
            </td>
          </tr>
          <tr>
            <td style="background-color: #D4D4D4; border-left: 1px solid #000000; border-right: 1px solid #000000; border-top: 1px solid #000000; width: 100%;" colspan="2">
              <div style="text-align: center; font-size: 11pt;">Plan Period</div>
              <div style="text-align: center; font-size: 11pt;">(See Section 2 and 4(d) of the Plan)</div>
            </td>
          </tr>
          <tr>
            <td style="width: 35.02%; text-align: left; vertical-align: top; font-size: 11pt; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div>Commencement Date: January 26, 2024</div>
            </td>
            <td style="width: 64.98%; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
              <div style="font-size: 11pt;">For affiliates:</div>
              <div style="font-size: 11pt;">&#9744; the later of:</div>
              <div style="margin-left: 27pt; font-size: 11pt;">i)&#160;January 26, 2024, which is at least 90 days after adoption date or</div>
              <div style="margin-left: 36pt; text-indent: -9pt; font-size: 11pt;">ii)&#160;two business day after filing the Form 10-Q or Form 10-K covering the fiscal quarter, up to a maximum of 120 days;</div>
              <div style="font-size: 11pt;">&#9744; [DATE], which is 120 days after the adoption date;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 35.02%; font-size: 11pt; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0);">
              <div>The Termination Date of the Plan shall be the earliest to occur of the death of the Participant or any event indicated to the right</div>
            </td>
            <td style="width: 64.98%; border-top: 1px solid rgb(0, 0, 0); border-left: 1px solid rgb(0, 0, 0); border-right: 1px solid rgb(0, 0, 0);">
              <div style="font-size: 11pt;">&#9744; aggregate buying proceeds of $2,000,000 having been consumed;</div>
              <div style="font-size: 11pt;">&#9744; 3-month after commencement date</div>
            </td>
          </tr>
          <tr>
            <td style="background-color: #D4D4D4; border-left: 1px solid #000000; border-right: 1px solid #000000; border-top: 1px solid #000000; width: 100%; font-size: 11pt;" colspan="2">
              <div style="text-align: center;">Planned Transactions</div>
            </td>
          </tr>
          <tr>
            <td style="width: 100%; border-width: 1px; border-style: solid; border-color: rgb(0, 0, 0);" colspan="2">
              <div style="font-size: 11pt;"><u>Trading Parameters:</u></div>
              <div style="font-size: 11pt;">&#160;</div>
              <div style="font-size: 11pt; text-indent: -9pt; margin-left: 27pt;">(1)&#160;Broker shall not purchase any Shares for a price greater than $4.00 per share.</div>
              <div style="font-size: 11pt; text-indent: -9pt; margin-left: 27pt;">&#160;</div>
              <div style="font-size: 11pt; text-indent: -9pt; margin-left: 27pt;">(2)&#160;The daily market order shares limit is lower of 10,000 shares or 25% of ADTV, which refers to the average daily trading volume as defined in SEC Rule 10b-18 (the &#8220;Daily
                Market Order Amount Limit&#8221;).</div>
              <div style="font-size: 11pt; text-indent: -9pt; margin-left: 27pt;">&#160;</div>
              <div style="font-size: 11pt; text-indent: -9pt; margin-left: 27pt;">(3)&#160;Other than the Daily Market Order Amount Limit and the $2,000,000 aggregate limit, there shall be no restriction on the dollar amount of Shares repurchased for less than
                $4.000 per share.</div>
              <div style="font-size: 11pt; text-indent: -9pt; margin-left: 27pt;">&#160;</div>
              <div style="font-size: 11pt; text-indent: -9pt; margin-left: 27pt;">(4)&#160;Broker shall NOT effect any block trade, including the block purchases defined in SEC Rule 10b-18.</div>
              <div style="font-size: 11pt; text-indent: -9pt; margin-left: 27pt;"> <br>
              </div>
              <div style="font-size: 11pt; text-indent: -9pt; margin-left: 27pt;">&#160;&#160; <br>
              </div>
              <div style="font-size: 11pt; text-indent: -9pt; margin-left: 27pt;">&#160;&#160; <br>
              </div>
              <div style="font-size: 11pt; text-indent: -9pt; margin-left: 27pt;">&#160;&#160; <br>
              </div>
              <div style="font-size: 11pt; text-indent: -9pt; margin-left: 27pt;">&#160;&#160; <br>
              </div>
              <div style="font-size: 11pt; text-indent: -9pt; margin-left: 27pt;">&#160;&#160; <br>
              </div>
              <div style="font-size: 11pt; text-indent: -9pt; margin-left: 27pt;">&#160;&#160; <br>
              </div>
              <div style="font-size: 11pt; text-indent: -9pt; margin-left: 27pt;">&#160;&#160; <br>
              </div>
            </td>
          </tr>

      </table>
      <div style="font-size: 11pt;"><br>
      </div>
    </div>
  </div>
</body>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <font style="font-size: 12pt;"><br>
  </font>
  <div style="width: 100%;" class="BRPFPageFooter">
    <div style="color: #000000; font-family: 'Times New Roman', 'Times New Roman PSMT', serif; font-size: 9pt;">PSC 10b5-1 Stock Purchase Plan </div>
    <div style="color: #000000; font-family: 'Times New Roman', 'Times New Roman PSMT', serif; font-size: 9pt;">March 2023</div>
  </div>
</body>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <br>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.3
<SEQUENCE>4
<FILENAME>exh99-3.htm
<DESCRIPTION>ANNEX I - DIRECTORS AND EXECUTIVE OFFICERS
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: K&LGates
         Document created using Broadridge PROfile 25.1.1.5279
         Copyright 1995 - 2025 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <font style="font-family: 'Times New Roman',Times,serif; font-size: 12pt;"> </font>
  <div style="font-family: 'Times New Roman',Times,serif; font-size: 12pt;"><br>
  </div>
  <div style="font-family: 'Times New Roman',Times,serif; font-size: 12pt; text-align: right;"><font style="font-weight: bold; font-size: 11pt;">Exhibit 99.3</font><font style="font-size: 11pt;"><br>
    </font> </div>
  <font style="font-size: 11pt;"> </font>
  <div style="font-family: 'Times New Roman',Times,serif; font-size: 12pt;"><font style="font-size: 11pt;"><br>
    </font> </div>
  <font style="font-size: 11pt;"> </font>
  <div style="font-family: 'Times New Roman',Times,serif; font-size: 12pt;"><font style="font-size: 11pt;"><br>
    </font> </div>
  <font style="font-size: 11pt;"> </font>
  <div><font style="font-size: 11pt;"> </font>
    <div style="text-align: center; margin-right: 98.75pt; margin-left: 98.25pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt; font-weight: bold;">ANNEX I</div>
    <font style="font-size: 11pt;"> </font>
    <div style="text-align: center; margin-right: 98.75pt; margin-left: 98.25pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif; font-size: 12pt; font-weight: bold;"><font style="font-size: 11pt;">Directors and Executive Officers<br>
      </font> </div>
    <font style="font-size: 11pt;"> </font>
    <div style="text-align: justify; margin-right: 13.9pt; margin-left: 5.9pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt; font-weight: bold;">Golden Edge</div>
    <font style="font-size: 11pt;"> </font>
    <div style="text-align: justify; margin-right: 13.9pt; margin-left: 5.9pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">The names of the directors of Golden Edge and their principal occupations are set
      forth below and Golden Edge does not have any executive officer. The business address of their directors is Palm Grove House, P.O. Box 438, Road Town, Tortola, British Virgin Islands.</div>
    <font style="font-size: 11pt;"> </font>
    <table cellspacing="0" cellpadding="0" id="z1c1a3bd2648249d8ad7d724b9a0ce797" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="width: 18.93%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="border-bottom: 0.5pt solid black;">
              <div style="text-align: center; margin-right: 1pt; font-weight: bold; font-size: 11pt;">Name</div>
            </div>
          </td>
          <td style="width: 20.06%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="border-bottom: 0.5pt solid black;">
              <div style="text-align: center; margin-right: 1pt; font-weight: bold; font-size: 11pt;">Position</div>
            </div>
          </td>
          <td style="width: 25.36%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="border-bottom: 0.5pt solid black;">
              <div style="text-align: center; margin-right: 1pt; font-weight: bold; font-size: 11pt;">Present Principal Occupation</div>
            </div>
          </td>
          <td style="width: 20.8%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="border-bottom: 0.5pt solid black;">
              <div style="text-align: center; margin-right: 1pt; font-weight: bold; font-size: 11pt;">Citizenship</div>
            </div>
          </td>
          <td style="width: 14.84%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="border-bottom: 0.5pt solid black;">
              <div style="text-align: center; margin-right: 1pt; font-weight: bold; font-size: 11pt;">Shares Beneficially owned in the Issuer</div>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 18.93%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: justify; margin-right: 1pt; font-weight: bold; font-size: 11pt;">Directors:</div>
          </td>
          <td style="width: 20.06%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
          <td style="width: 25.36%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
          <td style="width: 20.8%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
          <td style="width: 14.84%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 18.93%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="margin-right: 1pt; font-size: 11pt;">Iris Chen</div>
          </td>
          <td style="width: 20.06%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">Director</div>
          </td>
          <td style="width: 25.36%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">Management</div>
          </td>
          <td style="width: 20.8%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">Republic of China</div>
          </td>
          <td style="width: 14.84%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">69,932</div>
          </td>
        </tr>
        <tr>
          <td style="width: 18.93%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="margin-right: 1pt; font-size: 11pt;">Yi-Chen Huang</div>
          </td>
          <td style="width: 20.06%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">Director</div>
          </td>
          <td style="width: 25.36%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">Management</div>
          </td>
          <td style="width: 20.8%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">Republic of China</div>
          </td>
          <td style="width: 14.84%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">4,567,425<sup>(1)</sup></div>
          </td>
        </tr>

    </table>
    <font style="font-size: 11pt;"> </font>
    <div style="font-family: 'Times New Roman',Times,serif; font-size: 12pt;"><font style="font-size: 11pt;"><br>
      </font> </div>
    <font style="font-size: 11pt;"> </font>
    <div>
      <table cellspacing="0" cellpadding="0" id="z4cfbf45a49764ad8893a8ec2bc7b066c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; vertical-align: top; text-align: right; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
              <div style="text-align: left; font-size: 10pt;">(1)</div>
            </td>
            <td style="width: auto; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
              <div style="text-align: justify; font-size: 10pt;">Represents (i) 233,609 Class A Ordinary Shares directly held by Yi-Chen Huang; and (ii) 4,333,816 Class A Ordinary Shares held by Ideal Max Management Limited, a British Virgin Islands
                company wholly owned by Yi-Chen Huang over which Yi-Chen Huang has sole voting power and sole dispositive power.</div>
            </td>
          </tr>

      </table>
    </div>
    <font style="font-size: 11pt;"> </font>
    <div style="font-family: 'Times New Roman',Times,serif; font-size: 12pt;"><font style="font-size: 11pt;"><br>
      </font> </div>
    <font style="font-size: 11pt;"> </font>
    <div style="text-align: justify; margin-right: 13.9pt; margin-left: 5.9pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt; font-weight: bold;">World Speed</div>
    <font style="font-size: 11pt;"> </font>
    <div style="text-align: justify; margin-right: 13.9pt; margin-left: 5.9pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">The name of the director of World Speed and their principal occupations are set
      forth below and World Speed does not have any executive officer. The business address of their director is Palm Grove House, P.O. Box 438, Road Town, Tortola, British Virgin Islands.</div>
    <font style="font-size: 11pt;"> </font>
    <table cellspacing="0" cellpadding="0" id="z32ffbef79e3f4773a35bf03ec6f34997" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="width: 20.4%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="border-bottom: 0.5pt solid black;">
              <div style="text-align: center; margin-right: 1pt; font-weight: bold; font-size: 11pt;">Name</div>
            </div>
          </td>
          <td style="width: 19.1%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="border-bottom: 0.5pt solid black;">
              <div style="text-align: center; margin-right: 1pt; font-weight: bold; font-size: 11pt;">Position</div>
            </div>
          </td>
          <td style="width: 24.2%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="border-bottom: 0.5pt solid black;">
              <div style="text-align: center; margin-right: 1pt; font-weight: bold; font-size: 11pt;">Present Principal Occupation</div>
            </div>
          </td>
          <td style="width: 19.8%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="border-bottom: 0.5pt solid black;">
              <div style="text-align: center; margin-right: 1pt; font-weight: bold; font-size: 11pt;">Citizenship</div>
            </div>
          </td>
          <td style="width: 16.4%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="2">
            <div style="border-bottom: 0.5pt solid black;">
              <div style="text-align: center; margin-right: 1pt; font-weight: bold; font-size: 11pt;">Shares Beneficially owned in the Issuer</div>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 20.4%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: justify; margin-right: 1pt; font-weight: bold; font-size: 11pt;">Director:</div>
          </td>
          <td style="width: 19.1%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
          <td style="width: 24.2%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
          <td style="width: 19.8%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
          <td style="width: 16.4%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;" colspan="2">&#160;</td>
        </tr>
        <tr>
          <td style="width: 20.4%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="margin-right: 1pt; font-size: 11pt;">Liang-Chu Sun</div>
          </td>
          <td style="width: 19.1%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">Director</div>
          </td>
          <td style="width: 24.2%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">Management</div>
          </td>
          <td style="width: 19.8%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">Republic of China</div>
          </td>
          <td style="width: 16.4%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;" colspan="2">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">NA</div>
          </td>
        </tr>
        <tr>
          <td style="width: 20.4%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="font-size: 11pt;">Yi-Chen Huang</div>
          </td>
          <td style="width: 19.1%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">Director</div>
          </td>
          <td style="width: 24.2%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">Management</div>
          </td>
          <td style="width: 19.8%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">Republic of China</div>
          </td>
          <td style="width: 14.1%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">4,567,425<sup>(2)</sup></div>
          </td>
          <td style="width: 2.3%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 20.4%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
          <td style="width: 19.1%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
          <td style="width: 24.2%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
          <td style="width: 19.8%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
          <td style="width: 16.4%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;" colspan="2">&#160;</td>
        </tr>

    </table>
    <font style="font-size: 11pt;"> </font>
    <div>
      <table cellspacing="0" cellpadding="0" id="z49e3c5fadea14335b74a3033e0686495" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; vertical-align: top; text-align: right; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
              <div style="text-align: left; font-size: 10pt;">(2)</div>
            </td>
            <td style="width: auto; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
              <div style="text-align: justify; font-size: 10pt;">Represents (i) 233,609 Class A&#160;Ordinary Shares directly held by Yi-Chen Huang; and (ii) 4,333,816 Class A Ordinary Shares held by Ideal Max Management Limited.</div>
            </td>
          </tr>

      </table>
    </div>
    <font style="font-size: 11pt;"> </font>
    <div style="text-align: justify; margin-right: 13.9pt; margin-left: 5.9pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt; font-weight: bold;"><br>
      DVDonet</div>
    <font style="font-size: 11pt;"> </font>
    <div style="text-align: justify; margin-right: 13.9pt; margin-left: 5.9pt; margin-bottom: 12pt; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">The name of the director of DVDonet and their principal occupations are set forth
      below and DVDonet does not have any executive officer. The business address of their director is Palm Grove House, P.O. Box 438, Road Town, Tortola, British Virgin Islands.</div>
    <font style="font-size: 11pt;"> </font>
    <table cellspacing="0" cellpadding="0" id="z1abc1b8a297d4748b17ecbe58f6597e2" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="width: 18.15%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="border-bottom: 0.5pt solid black;">
              <div style="text-align: center; margin-right: 1pt; font-weight: bold; font-size: 11pt;">Name</div>
            </div>
          </td>
          <td style="width: 19.12%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="border-bottom: 0.5pt solid black;">
              <div style="text-align: center; margin-right: 1pt; font-weight: bold; font-size: 11pt;">Position</div>
            </div>
          </td>
          <td style="width: 24.38%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="border-bottom: 0.5pt solid black;">
              <div style="text-align: center; margin-right: 1pt; font-weight: bold; font-size: 11pt;">Present Principal Occupation</div>
            </div>
          </td>
          <td style="width: 20.22%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="border-bottom: 0.5pt solid black;">
              <div style="text-align: center; margin-right: 1pt; font-weight: bold; font-size: 11pt;">Citizenship</div>
            </div>
          </td>
          <td style="width: 18.14%; vertical-align: bottom; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="border-bottom: 0.5pt solid black;">
              <div style="text-align: center; margin-right: 1pt; font-weight: bold; font-size: 11pt;">Shares Beneficially owned in the Issuer</div>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 18.15%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: justify; margin-right: 1pt; font-weight: bold; font-size: 11pt;">Director:</div>
          </td>
          <td style="width: 19.12%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
          <td style="width: 24.38%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
          <td style="width: 20.22%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
          <td style="width: 18.14%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 18.15%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="margin-right: 1pt; font-size: 11pt;">Liang-Chu Sun</div>
          </td>
          <td style="width: 19.12%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">Director</div>
          </td>
          <td style="width: 24.38%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">Management</div>
          </td>
          <td style="width: 20.22%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">Republic of China</div>
          </td>
          <td style="width: 18.14%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">NA</div>
          </td>
        </tr>
        <tr>
          <td style="width: 18.15%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="margin-right: 1pt; font-size: 11pt;">Yi-Chen Huang</div>
          </td>
          <td style="width: 19.12%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">Director</div>
          </td>
          <td style="width: 24.38%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">Management</div>
          </td>
          <td style="width: 20.22%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">Republic of China</div>
          </td>
          <td style="width: 18.14%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
            <div style="text-align: center; margin-right: 1pt; font-size: 11pt;">4,567,425<sup>(3)</sup></div>
          </td>
        </tr>
        <tr>
          <td style="width: 18.15%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
          <td style="width: 19.12%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
          <td style="width: 24.38%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
          <td style="width: 20.22%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
          <td style="width: 18.14%; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 11pt;">&#160;</td>
        </tr>

    </table>
    <font style="font-size: 11pt;"> </font>
    <div>
      <table cellspacing="0" cellpadding="0" id="z190f1a11416f4f1f8f5a709a598fe032" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 18pt; vertical-align: top; text-align: right; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
              <div style="text-align: left; font-size: 10pt;">(3)</div>
            </td>
            <td style="width: auto; vertical-align: top; font-family: 'Times New Roman',Times,serif; font-size: 12pt;">
              <div style="text-align: justify; font-size: 10pt;">Represents (i) 233,609 Class A Ordinary Shares directly held by Yi-Chen Huang; and (ii) 4,333,816 Class A Ordinary Shares held by Ideal Max Management Limited.</div>
            </td>
          </tr>

      </table>
    </div>
    <font style="font-size: 11pt;"> </font>
    <div style="font-family: 'Times New Roman',Times,serif; font-size: 12pt;"><br>
    </div>
  </div>
  <font style="font-family: 'Times New Roman',Times,serif; font-size: 12pt;"> </font>
</body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
