Exhibit 99.2 Chunghwa Telecom Co., Ltd. and Subsidiaries Consolidated Financial Statements for the Years Ended December 31, 2024 and 2023 and Independent Auditors' Report REPRESENTATION LETTER The entities that are required to be included in the consolidated financial statements of affiliates in accordance with the "Criteria Governing Preparation of Affiliation Reports, Consolidated Business Reports and Consolidated Financial Statements of Affiliated Enterprises" for the year ended December 31, 2024 are all ...

Group 1 - Chunghwa Telecom filed its 2024 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission, which is available online [1] - The company is Taiwan's largest integrated telecommunications services provider, offering mobile services, fixed-line services, and ICT business [2] - Chunghwa Telecom is expanding into innovative technology services and has been recognized for its ESG practices with various awards [2] Group 2 - The company provides information and communication technology services to corporate customers, leveraging big data, information security, cloud computing, and IDC capabilities [2] - Hard copies of the complete audited financial statements can be requested free of charge by contacting the company [1]

Regulatory Changes - The NCC announced a reduction in the "monthly rental fee of broadband network circuit" by "3.32% minus annual growth rate of the Consumer Price Index (CPI)" effective from April 1, 2024[18]. - The upper limits on the termination rate for voice service over mobile networks will decrease from NT$0.407 to NT$0.330 per minute from 2025 to 2028, representing an aggregate decrease of about 19%[19]. - The company is subject to extensive regulation under the ROC Telecommunications Management Act, which may limit its flexibility to respond to market conditions[17]. - The company may face administrative penalties if it fails to comply with the cybersecurity requirements set forth by the Cyber Security Management Act[29]. - The government of the ROC has established the National Financial Stabilization Fund to support the securities market, which may affect the market price of the company's shares[68]. - The company may be sanctioned for violations of foreign ownership limits, which could adversely affect its ability to obtain financing[69]. Financial Performance - In 2024, Chunghwa Telecom reported revenues of NT$230.0 billion (US$7.0 billion) and a consolidated net income of NT$38.5 billion (US$1.2 billion), with basic earnings per share of NT$4.79 (US$0.15)[87]. - Capital expenditures for 2024 totaled NT$28.8 billion (US$0.9 billion)[88]. - The company has recognized an impairment loss reversal of NT$139.2 million (US$4.2 million) for investment properties in 2024, indicating a recovery in asset value[42]. - The company's financial results under Taiwan IFRSs may differ materially from those reported under IFRSs for SEC filings[65]. - The company faces risks from potential health concerns related to mobile handsets and base stations, which could reduce customer usage and impact revenue[49]. - The company is subject to various legal proceedings that could expose it to substantial liabilities, potentially affecting its financial condition[57]. Market Dynamics - The telecommunications industry in Taiwan has seen a decrease in mobile network operators from five to three following a merger in December 2023, increasing market concentration[23]. - The company faces intensified low-price strategies from cable operators, with bundled prices being about 10% to 20% lower than its offerings[25]. - The company is focusing on promoting high-quality 5G services to increase mobile service revenues, but faces competition from aggressive pricing strategies by other operators[24]. - The overall mobile services market in Taiwan experienced a revenue increase of 1.9% in 2024, driven by steady 5G migration and recovery of roaming services[135]. Technological Investments - Significant capital expenditures are planned to upgrade telecommunications technologies and services, particularly in response to the high-bandwidth requirements of digital convergence services[38]. - The company aims to expand its ICT services and has initiated the construction of data centers and cloud services in collaboration with major public cloud providers[97]. - The company is expanding its IDC business by building AIDCs to meet the growing demand for AI applications, indicating a strategic focus on emerging technologies[163]. - The company has invested in 31 submarine cables, with a total invested capacity exceeding 29 Tbps as of December 31, 2024[200]. Customer and Market Share - As of December 31, 2024, the company had approximately 1.1 million mobile customers, holding a market share of approximately 38.0% in total mobile customers and 40.4% in mobile service revenues in Taiwan[127]. - The company maintained a local telephone service market share of approximately 91.4% from 2022 to 2024, although revenues from local telephone services decreased from 10.5% of total revenues in 2022 to 8.7% in 2024[148]. - The company has a 70% market share in IDC services in Taiwan, reinforcing its position as the largest IDC services provider[121]. - The company holds over 70% market share in the IDC business in Taiwan, positioning itself as the leading IDC service provider[186]. Environmental Initiatives - The Climate Change Response Act aims for net-zero emissions by 2050, with potential regulatory fees starting in 2025 for industries exceeding 25,000 tonnes of CO2e emissions[33]. - The company aims for a 50% reduction in scope 1 and 2 carbon emissions by 2030 compared to 2020 levels and plans to use 100% renewable energy for its data centers by 2030 and for the entire company by 2040[35]. Operational Challenges - Interruptions in electricity or water supply could significantly harm the company's operations and financial condition[58][59]. - The company must attract and retain skilled personnel to maintain its competitive edge, with increasing demands for qualified talent in the telecommunications industry[60]. - The company's principal executive offices and substantially all assets are located in Taiwan, with nearly all revenues derived from operations in Taiwan, making it vulnerable to political risks and changes in ROC governmental policies[61]. Strategic Developments - The company has established an AI 2.0 Corporate Strategy Committee to build AI governance principles, although the effectiveness of these measures against cyber threats is uncertain[28]. - The establishment of Chunghwa Telecom Europe GmbH in Germany in July 2024 aims to expand business opportunities in the European market[116]. - An investment of US$30 million in Taiwania Hive Technology Fund L.P. was approved in February 2024 to capitalize on digital transformation trends in Southeast Asia[115]. - The company plans to explore opportunities in equity investments and strategic acquisitions to enhance core competitiveness in AI, 5G, and cybersecurity sectors[117]. Subscriber Growth - Total internet subscribers in Taiwan increased from 6,897,000 in 2022 to 7,097,000 in 2023, and is projected to reach 7,398,000 in 2024, representing a growth of approximately 2.9% year-over-year[146]. - HiNet FTTx subscribers grew from 3,479,000 in 2022 to 3,526,000 in 2023, with a forecast of 3,591,000 in 2024, indicating a steady increase[146]. - The number of home Wi-Fi devices rented increased by 36.8% year-over-year, indicating strong demand for Wi-Fi services[146].

Chunghwa Telecom Co., Ltd. (NYSE:CHT) Q4 2024 Earnings Conference Call January 23, 2025 2:00 AM ET Company Participants Rong-Shy Lin - President Audrey Hsu - Chief Financial Officer Angela Tsai - Assistant Vice President of Investor Relations Conference Call Participants Operator Good afternoon, ladies and gentlemen, welcome to Chunghwa Telecom conference call for the company's fourth quarter 2024 operating results. During the presentation, all lines will be on listen-only mode. When the briefing is finish ...

TAIPEI, Jan. 23, 2025 /PRNewswire/ -- Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) ("Chunghwa" or "the Company") today reported its un-audited operating results for the fourth quarter of 2024. All figures were prepared in accordance with Taiwan-International Financial Reporting Standards ("T-IFRSs") on a consolidated basis. (Comparisons throughout the press release, unless otherwise stated, are made with regard to the prior year period.) Fourth Quarter 2024 Financial Highlights Total revenue increas ...

Core Viewpoint - Chunghwa Telecom has outlined its strategic focus for 2025, emphasizing sustainable growth through innovation in ICT services, AI applications, and digital resilience while addressing market demands and national policies [2][4][8]. Financial Guidance - The company expects total revenue for 2025 to increase by NT$ 2.71 to NT$ 3.71 billion, or 1.2% to 1.6%, reaching NT$ 232.74 to NT$ 233.74 billion compared to 2024 [4][9]. - Operating costs and expenses are projected to rise by NT$ 4.31 to NT$ 4.38 billion, or 2.4%, totaling NT$ 187.58 to NT$ 187.65 billion [5][9]. - Income from operations is anticipated to decrease by NT$ 0.16 to NT$ 1.58 billion, or -0.3% to -3.4%, resulting in NT$ 45.30 to NT$ 46.72 billion [6][9]. Strategic Focus Areas - Chunghwa Telecom will concentrate on three strategic pillars: "Sustainable Future," "Smart Empowerment," and "Digital Resilience," with six key themes driving growth: "Sustainability Opportunities," "AI Applications," "Resilience Enhancement," "Next-Generation Networks," "Reinvestments," and "Asset Revitalization" [2][3]. - The company aims to enhance user value and increase Average Revenue Per User (ARPU) through cross-sector collaboration and addressing customer needs [2][3]. Market Strategies - The three business groups—Consumer, Enterprise, and International—will focus on market expansion and collaboration to explore new opportunities [3]. - The technical divisions will develop energy-efficient, all-photonic networks while enhancing data governance and deploying advanced technologies [3]. Capital Expenditure - Acquisition of Property, Plant, and Equipment is expected to rise by NT$ 3.37 billion to NT$ 32.36 billion, driven by investments in AI data centers, submarine cables, and 5G deployment [7][9]. Management Philosophy - The management philosophy emphasizes simplification, pragmatism, and intelligence to ensure stable growth and establish a strong presence in emerging markets and technologies [8].

1 © Chunghwa Telecom 3Q 2024 Operating Results November 6, 2024 Disclaimer © Chunghwa Telecom STATEMENT REGARDING UNAUDITED FINANCIAL INFORMATION The unaudited financial information under T-IFRSs in this presentation is preliminary and subject to adjustments and modifications. Adjustments and modifications to the financial statements may be identified during the course of the audit /review work, which could result in significant differences from this preliminary unaudited financial information. NOTE CONCERN ...

Start Time: 03:00 January 1, 0000 3:39 AM ET Chunghwa Telecom Co., Ltd. (NYSE:CHT) Q3 2024 Earnings Call November 06, 2024, 03:00 AM ET Company Participants Rong-Shy Lin - President Audrey Hsu - CFO Angela Tsai - Assistant VP, IR Conference Call Participants Sara Wang - UBS Operator Good afternoon, ladies and gentlemen. Welcome to Chunghwa Telecom Conference Call for the Company's Third Quarter 2024 Operating Results. During the presentation, all lines will be on listen-only mode. And when the briefing is f ...

TAIPEI, Nov. 6, 2024 /PRNewswire/ -- Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) ("Chunghwa" or "the Company") today reported its un-audited operating results for the third quarter of 2024. All figures were prepared in accordance with Taiwan-International Financial Reporting Standards ("T-IFRSs") on a consolidated basis. (Comparisons throughout the press release, unless otherwise stated, are made with regard to the prior year period.) Third Quarter 2024 Financial Highlights Total revenue increased b ...

Press Release Nokia and Chunghwa Telecom prepare for 5G-Advanced era with expansion deal New deal readies Chunghwa Telecom for 5G-Advanced era with enhanced, energy-efficient AirScale solutions including Nokia's state-of-the-art Habrok Massive MIMO radios. Utilizes Nokia's intelligent AI-powered MantaRay solutions portfolio for enhanced network monitoring and optimization. 28 October 2024 Espoo, Finland – Nokia today announced that it has been selected by Chunghwa Telecom (CHT), in a one-year extension deal ...