Filing Details

Sea Meadow House Blackburne Highway P.O.Box 116,Road Town Tortola, British Virgin Islands

Principal Business: A special purpose vehicle set up for the purpose of holding shares of Perfect Corp. Class A Ordinary Shares on behalf of Perfect Corp. employees who have exercised their stock options. Address of Principal Office: Sea Meadow House, Blackburne Highway, P.O.Box 116,Road Town, Tortola, British Virgin Islands

During the last five years, none of Perfect AA and its directors and officers identified in Schedule I below has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). SCHEDULE I Directors and Executive Officers of Perfect AA The names of the directors of Perfect AA and their principal occupations are set forth below and Perfect AA does not have any executive officer. The business address of the director is 14F, No. 98 Minquan Road, Xindian District, New Taipei City 231, Taiwan (R.O.C.). Name: Liang-Chu Sun Position; Director Present Principal Occupation: Director Citizenship: R.O.C. (Taiwan) Shares Beneficially owned in the Issuer: 5,300

During the last five years, none of Perfect AA and its directors and officers identified in Schedule I has been: a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which, he, she or it was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, Federal or State securities laws or finding any violation with respect to such laws. Schedule I set forth in Item 2(d) above is hereby incorporated by reference in this Item 2(e).

Not applicable.

The information set forth or incorporated in Item 4 is incorporated by reference in its entirety into this Item 3. Perfect AA is a British Virgin Islands company that holds Class A Ordinary Shares of the Issuer on behalf of employees who have exercised their stock options granted to them under employee benefits plans of the Issuer (the "ESOP Participants"). The information set forth in this Item 3 is qualified in their entirety by reference to the documents themselves, which are filed as Exhibit 99.1 and Exhibit 99.2, to this Schedule 13D and is incorporated by reference herein.

Other than as described above, the Reporting Person reports that neither it nor, to its knowledge, any of the other persons named in Item 2 of this Schedule 13D, has any current plan or proposal which relates to, or may result in, any of the matters listed in Items 4(a)-(j) of Schedule 13D, although the Reporting Person may, at any time and from time to time, review or reconsider its position and/or change its purpose and/or formulate plans or proposals with respect thereto. The information set forth in this Item 4 is qualified in their entirety by reference to the documents themselves, which are filed as Exhibit 99.1 and Exhibit 99.2, to this Schedule 13D and is incorporated by reference herein.

The information contained in rows 7, 8, 9, 10, 11 and 13 on the cover page of this Schedule 13D and the information set forth or incorporated in Items 3 and 4 of this Schedule 13D is incorporated by reference in its entirety into this Item 5(a) and 5(b). The following disclosure assumes that there were 101,848,671 issued and outstanding Ordinary Shares as a single class, being the sum of (i) 85,059,953 Class A Ordinary Shares and (ii)16,788,718 Class B Ordinary Shares, as disclosed by the Issuer in the Form 20-F filed with the Securities and Exchange Commission on March 29, 2024. Pursuant to Rule 13d-3 of the rules and regulations promulgated by the SEC pursuant to the Exchange Act, the Reporting Person may be deemed to beneficially own up to an aggregate of 3,806,804 Class A Ordinary Shares, representing approximately 3.7% of the total issued and outstanding Ordinary Shares as a single class, and 1.5% of the total voting power of the Issuer, respectively, as disclosed by the Issuer in the Form 20-F filed with the Securities and Exchange Commission on March 29, 2024. This number is comprised solely of Class A Ordinary Shares held by the Reporting Person on behalf of employees who have exercised their stock options of the Issuer. These shares are voted in accordance with the instructions of the individual ESOP Participants on all matters requiring the vote of shareholders of the Issuer. In addition, any decision to sell shares allocated to the account of an ESOP Participant shall be made and executed by the ESOP Participant themselves, through their individual sub-account under Perfect AA's main account, which is established with a broker. The Reporting Person may vote shares with respect to which no directions are received. The Reporting Person may, under certain limited circumstances, forfeit Shares held for the account of an ESOP Participant. Hence, notwithstanding the arrangement described above, the Reporting Person may be deemed to share voting power and disposition power with the ESOP Participants over their respective Shares.

The information set forth in Item 5(a) above is hereby incorporated by reference in this Item 5(b).

The information contained in rows 7, 8, 9, 10, 11 and 13 on the cover page of this Schedule 13D and the information set forth or incorporated in Items 3 and 4 of this Schedule 13D is incorporated by reference in its entirety into this Item 5(c). The Reporting Person reports that neither it, nor to its knowledge, any person named in Item 2 of this Schedule 13D, has effected any transactions in the Class A Ordinary Shares during the past 60 days, except as disclosed herein.

The information contained in rows 7, 8, 9, 10, 11 and 13 on the cover page of this Schedule 13D and the information set forth or incorporated in Items 3 and 4 of this Schedule 13D is incorporated by reference in its entirety into this Item 5(d). No one other than the Reporting Person has the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of, any of the securities of the Issuer beneficially owned by the Reporting Person as described in Item 5.

Not applicable.

The information set forth in Items 3 and 4 is hereby incorporated by reference in this Item 6. Other than the matters disclosed in this Schedule 13D, the Reporting Person is not a party to any contracts, arrangements, understandings, or relationships with respect to any securities of the Issuer, including but not limited to the transfer or voting of any of the securities, finder's fees, joint ventures, loan or option agreements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.

Exhibit 99.1: Perfect Corp. 2021 Stock Compensation Plan (incorporated by reference to Exhibit 10.13 of the Issuer's Registration Statement on Form F-4 (File No. 333-263841) filed with the Securities and Exchange Commission on September 29, 2022), https://www.sec.gov/Archives/edgar/data/1899830/000110465922037704/tm228803d2_ex10-13.htm. Exhibit 99.2: Amendment to Perfect Corp. 2021 Stock Compensation Plan (incorporated by reference to Exhibit 10.13 to the Form F-1 filed on December 12, 2022 (File no. 333-268057)), https://www.sec.gov/Archives/edgar/data/1899830/000110465922112496/tm2227810d2_ex10-13.htm.