2025 Performance Highlights (G)

• In 2025, the equity investment business recognized a profit of NT$484 million, achieving the budget target of NT$441 million. Consolidated annual operating revenue reached NT$25.635 billion.

Comply with the SDGs

• SDG 8【SDG8.3；SDG8.9】

Management Policy

Covered material topics

• Economic Performance

Policy

• Operational Performance【Major Business Operations】
• Operational Performance【Investment Projects】
• Operational Performance【Overall Financial Performance】

Management Evaluation System

• Operational Performance【Major Business Operations】
• Operational Performance【Investment Projects】
• Operational Performance【Overall Financial Performance】

Business Performance

To enhance the competitiveness of Taiwan’s port group and strengthen the development of various business operations, the Company continuously undertakes optimization and upgrading of port infrastructure, promotes surrounding traffic improvement measures, and maintains friendly interactions with local communities. Additionally, port infrastructure (hardware) development remains one of the Company’s core operational initiatives.

Port Infrastructure Construction
NT$10.665 billion, achieving 100% of the target.
Keelung Port Wharf Reconstruction Project		Taipei Port Logistics and Warehousing Area Phase III & IV Embankment Construction Project
Taichung Port Reclamation Area Seawall Construction Project		Taichung Port Wharfs 37 and 38 New Construction Project
Taichung Port North Siltation Area Phase IV Improvement Project		Taichung Port Outer Harbor Expansion Project (Phase I)
Kaohsiung Port Third and Fifth Container Terminal Reconstruction Project		Kaohsiung Port Intercontinental Terminal A6 Wharf and Backland Reclamation Project
Kaohsiung Port Wharf Nos. 1–#10 and Adjacent Port Infrastructure and Passenger Terminal Facilities Improvement Project		A total of 22 infrastructure construction projects
In 2025, TIPC continued to advance infrastructure development projects, including wharf reconstruction, seawall and embankment construction, and port area traffic improvements, to enhance the berthing capacity for larger vessels and improve overall port operational efficiency. These projects also increased the availability of developable port land, supporting the growth of logistics, offshore wind power, and other green energy industries. In addition, selected projects incorporated recycled materials and the reuse of excavated earth and rock materials, reducing construction-related carbon emissions and improving resource efficiency. Collectively, these initiatives have strengthened port service capacity and contributed to regional economic development.
Promoting Economic Development and Employment Opportunities in Port Areas through Investment Attraction
In 2025, TIPC successfully attracted investment exceeding NT$65.692 billion.
Total Swiss International Co. Ltd. invested in Warehouse 2-4, Phase 2-1 of the Taipei Port Logistics and Warehousing Area.	Preparatory Office of Haiguang Power Co., Ltd. invested in Land Parcel C in the Taichung Port Low-Development Area.		CPC Corporation, Taiwan invested in the Kaohsiung Port Intercontinental LNG Storage Tank Project.
In 2025, TIPC successfully concluded 23 investment attraction projects, securing approximately NT$65.692 billion in private investment across sectors including container shipping, offshore wind power, green energy, and warehousing and logistics. In parallel with its five-year master plan, TIPC continued to advance port infrastructure development and optimize port area planning and land use, enhancing port service capacity and industrial carrying capability while supporting the development of cross-border smart logistics and low-carbon green energy industries.
Upgrading Kaohsiung Port's Container Terminal In response to the trend toward larger sized vessel, Taiwan International Ports Corporation, Ltd. (TIPC) launched redevelopment projects for the Third and Fifth Container Terminal at Kaohsiung Port in 2024. Upon completion, the upgraded facilities will be capable of accommodating container ships of up to 18,000 TEU and 24,000 TEU, respectively. Berth No. 70 at the Third Container Terminal was handed over for operation in June 2025, while Berth No. 79 at the Fifth Container Terminal was handed over in September 2025. The respective redevelopment projects are expected to be completed in 2027 and 2029, further enhancing Kaohsiung Port's capacity to serve large container ships. In 2025, DNV (Det Norske Veritas) released its first global port ranking, in which Kaohsiung Port ranked ninth worldwide, the port's overall competitiveness in operational performance and infrastructure. Kaohsiung Port Fifth Container Terminal

Passenger Travel, Tourism, and Waterfront Recreation

• Keelung Branch

In 2025, the Keelung Port East and West Cruise Terminal handled 219 cruise ship calls and recorded a total passenger throughput of approximately 993,000, providing domestic and international travelers with enhanced, high-quality passenger services while contributing to local tourism and economic activity in Keelung. To create an open and waterfront-friendly environment, Keelung Port opened the Sky Garden on the third floor of the East Cruise Terminal, offering visitors a scenic recreational space and a popular photo destination overlooking the harbor. To further enrich the visitor experience, the port introduced two vibrant mascot-themed public art installations inspired by widely recognized marine creatures, i.e., a whale and a nautilus rendered in a playful, cartoon-style design with vivid colors. Titled "Whale of Wonder: The Little Girl and the Whale" and "Infinite Wonders in a Nautilus Shell", the installations have become iconic cruise welcome mascots and popular attractions for visitors to the port area.

• Kaohsiung Branch

1. During 2025, the Kaohsiung Port Cruise Terminal accommodated 48 cruise ship calls and recorded a total passenger throughput of 142,307 passenger visits, providing enhanced and high-quality passenger services for domestic and international travelers while attracting visitors and boosting tourism in Kaohsiung. The terminal also opened its ground-floor outdoor area and the third-floor Rhythm of the Sea Plaza to the public. Complemented by large-scale musical instrument-themed art installations and panoramic harbor views, these spaces offer visitors the opportunity to experience the distinct daytime and nighttime scenery of Kaohsiung Port.
2. On April 27, 2025, the Kaohsiung Port Cruise Terminal (No.20) hosted the “Parent-Child Green Time” family secondhand market event, promoting the reuse of old items, environmental protection, and the spirit of sustainability.
3. On April 27, 2025, the Kaohsiung Port Cruise Terminal (No.20) hosted the “2025 Smart Port City: Happiness and Sustainability Forum and Exhibition”, bringing together AI-enabled disaster prevention technologies and exchanges among government, industry, and academia to foster a safer and more people-friendly port environment.

Operational Performance

Main Business Operations

TIPC carried out various operational businesses, achieving a consolidated operating revenue of NT$25.635 billion in 2025. The main operating activities include berthing, tugging, cargo handling, warehousing, and development investments, with target achievement rates as follows:

Achievement Rates for Main Business Operations(Unit: NT$ thousand)

Note:

(1)    Berthing Services: The increase in berthing service volume was primarily attributable to the growing demand for offshore wind installation and service vessels calling at ports in line with the offshore wind farm construction schedules.
(2)    Towage Services: The decrease in tug service volume was mainly due to certain offshore wind vessels being equipped with dynamic positioning (DP) systems, which reduced the number of tug deployments required under applicable operating procedures and consequently lowered total tug service hours.
(3)    Cargo Handling Services: Cargo handling volume declined primarily as a result of domestic industrial restructuring and uncertainties surrounding U.S. tariff policies, which dampened import and export activity. To address these challenges, TIPC continues to enhance port operating facilities, improve cargo-handling service quality, and implement marketing incentive programs to attract shipping alliance services and stabilize cargo throughput across Taiwan's port cluster.
(4)    Warehousing Services: Warehousing service volume increased mainly due to demand from offshore wind developers for the storage of wind power–related cargo within port areas in line with offshore wind farm construction schedules.
(5)    Development Investment: Mainly due to the additional leasing of development properties.

Consolidated revenue in the past three years

Equity Investment Items

In accordance with the TIPC Guidelines for Equity Investment Operations, TIPC develops equity investment businesses as an important measure for diversification and to enhance overall group synergy. TIPC regularly tracks the operational performance of each investment business, discussing and supervising their outcomes through business communication platforms.

Performance of investment in enterprises for 2025(Unit: NT$thousand)

Overall Financial Performance

The Company formulates an annual financial capital management plan based on the "Guidelines in Financial Capital Utilization and Management" and "Financial Capital Utilization and Management Operating Procedures" covering capital planning, return targets, financial asset allocation limits, and transaction authorization levels. Upon approval by the Board of Directors, relevant financial asset operations are executed accordingly.

The Company continuously collects and analyzes macroeconomic and industry information and maintains good interaction with financial institutions in order to grasp market dynamics in real time. Through weekly Capital Utilization Working Group meetings, investment strategies are discussed. If market changes differ from expectations, investment strategies are iteratively reviewed through these meetings, and financial perf ormance is tracked through monthly capital utilization analysis reports.

In the Guidelines in Financial Capital Utilization and Management, the Company sets investment specifications for different financial products to control overall investment risk. All investments are reviewed for compliance according to specifications, and at least one internal audit is conducted each year. Review and improvement plans will be proposed according to audit opinions to ensure effective operation of the management mechanism. In recent years, internal audits have found no deficiencies.

In 2025, consolidated operating revenue reached NT$25.635 billion and net income after tax was NT$9.619 billion, representing growth of 2.99% and 18.30%, respectively, compared to 2024.

2023-2025 Operating Revenue & Profit before Income Tax of TIPC

Asset Revitalization

The Company actively promotes its investment plans by formulating solicitation strategies based on market demand. In accordance with its internal  guidelines for investment solicitation, it enhances asset value and generates additional revenue through a range of approaches, including development, investment, and leasing. Since the second half of 2017, a total of 93 underutilized properties have been listed under the oversight of the Ministry of Transportation and Communications' Task Force for the Inventory and Revitalization of Land Owned by State-Owned Enterprises. As of the end of 2025, investment solicitation was successfully completed for one land parcel with a total area of 881 m² during the reporting year.

Taking into account the development conditions and permitted uses of individual sites, the Company actively engages with potential investors and develops investment solicitation plans that align with market demand. In 2025, land in the Xingfu Section of Kaohsiung City was leased for use as a parking lot. For the remaining sites, the Company will continue to engage with prospective investors to explore investment opportunities and enhance returns from asset utilization. Pending long-term development, these sites will be utilized on a short-term lease basis.