VIVIC CORP.

Vivic Inc. operates in the pleasure boat industry, focusing on yacht sales and related services. Following a change in management at the end of 2018, the company explored various business areas including yacht sales, marine tourism, electric powered yacht development, yacht marina development and operation in Asia, and yacht rental and time share services. In 2022, the company decided to concentrate on yacht sales in Taiwan and other selected global regions, subsequently disposing of all business operations in mainland China. In August 2025, Vivic Inc. further refined its focus to the United States and Southeast Asia, discontinuing its pursuit of the Taiwan market. This decision led to the wind-down and deregistration of Vivic Taiwan, expected to conclude by the end of 2025. Future business activities will primarily be conducted through the company's U.S. entity. Vivic Inc. is the exclusive distributor of Monte Fino yachts in Asia and the Middle East through an agreement with Kha Shing Enterprise Co. The company also distributes Monte Fino yachts in other global territories, excluding those where Kha Shing has granted exclusive distribution rights to another company, such as the United States. Employees in Taiwan are involved in the design, outsourced construction, and distribution of power boats, charter boats, and eco-friendly new energy boats. In collaboration with Kha Shing, Vivic Inc. designs and offers various yacht models differing in size, performance, and function. The company owns its brand name, "VIVIC," and targets affluent yacht operators in the United States and Southeast Asia interested in outdoor yacht recreational activities.