Announcement of the CPA's 2025Q1 audit reportwith Material Uncertainty Related to Continuity

1.Date of occurrence of the event:2025/05/08

2.Full text of the CPA audit opinion:

The Board of Directors and Shareholders

Les Enphants Co., Ltd.

Introduction

We have reviewed the accompanying consolidated balance sheets

of Les Enphants Co., Ltd. and its subsidiaries (collectively, the “Group”)

as of March 31, 2025 and 2024, and the related consolidated statements

of comprehensive income, the consolidated statements of changes in equity

and cash flows for the three months then ended, and the related notes to

the consolidated financial statements, including material accounting policy

information (collectively referred to as the “consolidated financial

statements”). Management is responsible for the preparation and fair

presentation of the consolidated financial statements in accordance with

the Regulations Governing the Preparation of Financial Reports by Securities

Issuers and International Accounting Standard 34

“Interim Financial Reporting” endorsed and issued into effect by the

Financial Supervisory Commission of the Republic of China. Our responsibility

is to express a conclusion on the consolidated financial statements based

on our reviews.

Scope of Review

Except as explained in the following paragraph,we conducted our reviews in

accordance with the Standards on Review Engagements of the Republic

of China 2410 “Review of Interim Financial Information Performed by

the Independent Auditor of the Entity”. A review of consolidated financial

statements consists of making inquiries, primarily of persons responsible

for financial and accounting matters, and applying analytical and other

review procedures. A review is substantially less in scope than an audit

and consequently does not enable us to obtain assurance that we would

become aware of all significant matters that might be identified in an

audit. Accordingly, we do not express an audit opinion.

Basis for Qualified Conclusion

As explained in Notes 13, the financial statements

of certain non-significant subsidiaries, included in the consolidated

financial statements were not reviewed. Total assets of these

subsidiaries amounted to NT$42,246 thousand , constituting 1.27%

of the consolidated total assets as at March 31, 2025, respectively,

total liabilities amounted to NT$46,051 thousand, constituting 1.57%

of the consolidated total liabilities as at March 31, 2025, respectively,

and the total comprehensive income amounted to NT$4,274 thousand ,

constituting (3.74%) of the consolidated total comprehensive income

for the three months then ended, respectively.As disclosed in Note 14

to the consolidated financial statements, as of March 31, 2025 and 2024,

the amounts of investments accounted for using the equity method

were NT$127,869 thousand and NT$119,543 thousand, respectively,

and for the three months ended March 31, 2025 and 2024, the

comprehensive income of these equity-method investments

were NT$924 thousand and NT$28 thousand, respectively, which were calculated

on the basis of financial statements that have not been reviewed.As

disclosed in Note 39 to the consolidated financial statements,

the related information of the aforementioned investee enterprises,

as well as the information related to the aforementioned immaterial

subsidiaries and investee companies, has also not been reviewed by

the independent auditors.

Qualified Conclusion

Based on our reviews, except for as might have been determined to be

necessary had the financial statements of the non-significant subsidiaries,

the investments accounted for using the equity method and the relevant

information as described in the preceding paragraph been reviewed,

nothing has come to our attention that caused us to believe that the

accompanying consolidated financial statements do not present fairly,

in all material respects, the consolidated financial position

of the Group as of March 31, 2025 and 2024, and of its consolidated

financial performance and its consolidated cash flows for the three months

ended March 31, 2025 and 2024 in accordance with the Regulations Governing

the Preparation of Financial Reports by Securities Issuers and

International Accounting Standard 34 “Interim Financial Reporting”

endorsed and issued into effect by the Financial Supervisory Commission

of the Republic of China.

Material Uncertainty Related to Going Concern

As described in Note 1 to the consolidated financial statements,

the accumulated deficit of the Group for the year ended March 31, 2025

was NT$676,170 thousand, reaching half of the paid-in capital.

Such amounts indicate that a material uncertainty exists that may cast

significant doubt on the Group’s ability to continue as a going concern.

Management’s plans regarding this matter are also described in Note 1

to the consolidated financial statements. Our opinion is not modified

in respect of this matter.

The engagement partners on the audits resulting in this

independent auditors’report are Shu-chuan Yeh and Ya-ling Wong.

3.Name of the accounting firm:Deloitte & Touche

4.CPA name and auditor certificate No.1:Shu-chuan Yeh NO.0990031652

5.CPA name and auditor certificate No.2:Ya-ling Wong NO.1020025513

6.Date of audit (review) report:2025/05/08

7.Countermeasures:NA

8.Any other matters that need to be specified:NA