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PersistentBrilliantFocusInnovation ANNUAL REPORT2024 COMPANY PROFILE The Comba Group was established in 1997, and Comba Telecom SystemsHoldings Limited (the “Company”), a globally recognized leader in wirelesscommunication solutions renowned for its cutting-edge R&D, advancedmanufacturing capabilities, and comprehensive service network, was listed onthe Main Board of the Hong Kong Stock Exchange in 2003, as well as on theMain Board of the Singapore Exchange Securities Trading Limited in 2023.Leading through innovative technology, the Company offers a comprehensivesuite of products and solutions, including base station antennas & subsystems,network products, services, and wireless transmission, serving customersworldwide. The Company has established its R&D headquarters based in GuangzhouScience City and has applied approximately 5,900 patents globally. Its globalmanufacturing base, located in Guangzhou Economic and TechnologicalDevelopment District, covers an area of approximately 80,000 square meters. The Company has established more than 30 offices in Chinese Mainland andmore than 20 overseas offices worldwide, providing products and services inmore than 100 countries and regions. 24681123284468808586878991931945 Cricket Square Hutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands 8W611 Suntera (Cayman) Limited Suite 3204 Unit 2A Block 3Building D, P.O. Box 1586Gardenia Court Camana BayGrand Cayman KY1-1100Cayman Islands 183171712–1716 36 Robinson Road#20-01 City HouseSingapore 068877 1 83 9918 ComFlex MAX 1,000 2.0 300MHzRU-TDDDAS 30% AIGSMA2024GLOMO 5G-A 5G 2024 3.39 4,528,263,00024.3%A3.3911.3% FPTP2.020% 5G-A MOBILE EXPERTSDAS2024ComFlex MAXOpenRAN 9.2%440,063,000403,097,0009.7%6.7% 4,528,263,0005,981,974,00024.3% 36.2%347,701,000545,148,0007.7%9.1% 30.8%428,155,000619,089,0009.5%10.3% 32.8%747,056,0001,112,140,00016.5%18.6% 7.9%2,208,117,0002,398,087,00048.8%40.1% 76.1%178,750,000746,581,0003.9%12.5% ETL Company LimitedETL178,421,00013.0%157,831,0003.9%2.6%ETL 25.3%1,912,775,0002,561,451,00042.2%42.8% 29.6%1,171,116,0001,662,687,00025.9%27.8%1.9 21.7%874,837,0001,117,997,00019.3%18.7% 25.7%129,351,000174,120,0002.9%2.9% 42.9%935,042,0001,637,280,00020.7%27.4% 23.6%627,188,000507,415,00013.9%8.5% 8.2%409,436,000446,059,0009.0%7.5%AI5G 4.0%471,540,000491,308,00010.4%8.2% 42.7%31,264,00054,534,0000.7%0.9%835,561,0001,443,610,000 5,9005,800 5.1%554,012,000583,638,00012.2%9.8% 11.3%8.8% 80.8%374,726,000207,230,0008.3%3.5% 5G5G-A(AI)AI5G-A 14,856,00039,051,00030,629,00033,127,00015,773,0005,924,000 564,191,0006,696,000 5G-A2.1G NR5G6005G-A6G 2.0(HelifeedTM) Open RAN4G/5G 5G5G++MEP+AIFLeX55G+5G+5G 5GDAS(Small Cells)ComFlex MAX 5G202420255G2024202520265G2.6G5G-A 5G 5G5G+3C5G-A5G5G+ 1,376,444,000934,874,0002,550,801,000143,731,000285,988,00046,263,000106,855,0001,416,410,0002,714,337,000666,588,000417,602,00079,494,00056,978,000173,479,000 244225310%20%612345325122117 26 16,000,000 (1) (2) 11.3%8.8% A10.6%142,000,000 3.17 78.7%89.3% 686,235,0002.98 282,000,0000.103.05 3.050.10150,000,00080,000,000PrimeChoice Investments LimitedWise Logic InvestmentsLimited 62,664,000152,581,000 294,320,000359,619,000 4,300ETL1,1005,100ETL1,2001,130,918,0001,070,859,000 6843Prime ChoiceInvestments Limited 6642Wise Logic InvestmentsLimited 41 5027Rockhampton ManagementTOM 67 3912 5630CHRIS CHONG & C THO LLPVallianz Holdings LimitedSingapore Institute of Directors (SID)(SID-SRAD) 44EMBA20 1720 51(FCPAi)(CFE) 5433 50IT26 42 C3 C1 3.10(2) (1) (2) (3) 3.2915 C1 8 (i) (ii) (iii) 27%30%33%35% 1.2.3. 3.133.13 43%20% 3,0691,28029% 3,512,000452,000441,000 COSO(ERM)ESG 8084 13.51(2)78W61118317M 8W611ir.ctshl2342@comba-telecom.com(852) 2636 6861(852) 2637 0966 8W611ir.ctshl2342@comba-telecom.com(852) 2636 6861(852) 2637 0966 2. 1. 3. 3.1 •• ••• i.ii.iii.iv.v.vi.vii. 3.2 • 3.3 3.6 •• • • 3.4 •www.comba-telecom.com • 3.7 • • 3.5 • 4012 C2202420242023 ESG ESG ESGESGESG 5G ESGESG (SBTi) ESG 2024EcoVadis ISO140012024 100% 1.EMFAC-HK Vehicle Emission CalculationMOBILE6Particulate Emission Factor 2. 3. 4. 5.20232024 6.20242023 (Waste Electrical and Electronic Equipment, WEEE) IPCC1.51.5SBTi2030 ISO 14001 2024203184ISO 5000119%14% 202412 314,349 ISO45001SA8000 320241,115 1100% 2202412 3144 4(AED) 3202449 8 412 2024100% 20One Comba 1,000 1 IT 2 3 4 2024191 5 OJT (On the job Training) 6I SaaSi2024122,0002,80015 2024 SA8000ISO14001 ISO45001CSRCSR 50099% RoHS202438 OECD(CFSI)CMRT98% RoHSRoHSRoHS186 1.2.3.4. ISO9001TL9000 RoHS (Restriction of Hazardous Substancesin electrical and electronic equipment)RoHSRoHS 2020 200220245,9004,000Comba51 202422024Comba20232024(GB/T 29490-2023) 3C(CCEE)(CCIB)(EMC)(UL) 100%2024348D VI IT 202428625087%1,8301,76096% E-Learning 20245229 2024 2024113.7 1 11221945 4 85193 5 194 1,137,000 380,474,0001,467,931,0