Yuanta/P-shares Taiwan Top 50 ETF Units Thailand Depository Receipt Repr 0.01 Sh (Ticker: TAIWAN19) is an exchange-traded depositary receipt issued by Yuanta Securities (Thailand) Company Limited and listed on the Stock Exchange of Thailand. The instrument operates within the financial services and capital markets sector, offering Thai institutional and retail investors fractional, Thai Baht-denominated direct exposure to the performance of the Yuanta/P-shares Taiwan Top 50 ETF (TWSE: 0050), an underlying fund managed by Taipei-headquartered Yuanta Securities Investment Trust Co., Ltd., which was founded in 1992 and launched the underlying ETF in 2003. The underlying ETF tracks the FTSE TWSE Taiwan 50 Index, encompassing the fifty largest capitalization and most liquid public companies listed on the Taiwan Stock Exchange. Through its underlying structure, the depositary receipt provides diversified portfolio exposure across systematic industry segments; semiconductor fabrication, design, and packaging; consumer electronics and computer hardware assembly; telecommunications, networking, and digital infrastructure; commercial banking, insurance, and diversified financial services; and basic industrial materials, precision machinery, and chemicals. Its principal underlying constituents include global technology leaders such as Taiwan Semiconductor Manufacturing Company Limited (TSMC), MediaTek Inc., Hon Hai Precision Industry Co., Ltd. (Foxconn), Delta Electronics, Inc., and United Microelectronics Corporation, alongside premier Taiwanese financial institutions. In recent developments, Yuanta Securities (Thailand) has expanded its international depositary receipt program on the Stock Exchange of Thailand to meet surging regional demand for cross-border technology and artificial intelligence supply chain investments; enhanced local liquidity and market-making operations for Thai Baht-denominated foreign instruments; broadened distribution through digital and mobile trading platforms in partnership with Thai commercial brokers; and strengthened strategic operational collaboration with parent entity Yuanta Financial Holding Co., Ltd. to widen cross-border investment accessibility across Southeast Asia. The issuer is headquartered in Bangkok, Thailand, and manages market operations domestically while providing investment access focused on the Taiwanese equity market.