After marking the eighth consecutive year of growth, at a 30%+ Y/Y increase in 2025, the secular Al trend should, we expect, continue to drive MPl's revenue. We expect MPI's revenue to grow at a 66% CAGR, 2025-28e, mainly helped by improving mix in probe cards and increasing shipment in the equipment segment, mainly helped by CPO. saes jeaot jo +%ot) spies aqod jesuan Suipnou! 'anuanau +oy :spie aqoud . as of 2025), and rapidly rising contribution from MEMS probe cards (9% of 2025e total revenue) for Al chips. We expect MEMS probe cards will be the growth catalyst thanks to the strong Al chip growth trend, with MPl's revenue exposure Equipment segment, including photonic automation, advanced semi test, and thermal system, accounted for 19% of 2025 total revenue (e.g., wafer probers used in R&D and engineering, automation modules, thermal chucks and environmental control systems). Besides the existing demand coming from R&D and applications such as LED and aerospace, we expect CPO-related testing demand, including wafer-level and die-level testing, to be the key growth driver for MPl's total revenue. We thus expect equipment to account for 24% of MPl's total revenue in