The SIO generates internal voltages (like 3.3V) to monitor the power button and maintain the CMOS.
Most motherboard vendors (ASUS, Gigabyte, MSI, ASRock) treat their detailed power sequences as intellectual property. Public datasheets for the Super I/O chip (ITE, Nuvoton) or the PCH (Platform Controller Hub) only give vague timing references. The exact sequence—how long the PSU waits for PWR_OK after PS_ON# is pulled low, or the precise delay between VCCIO and VCCSA —is often locked behind NDAs.