Century Steel: The company's Board of Directors resolved to conduct a cash capital increase and issue common shares

1. Date of Board of Directors' resolution: 2026/05/12
2. Source of capital increase funds: Cash capital increase by issuing new shares
3. Whether to adopt shelf registration for new share issuance (Yes, please also specify the planned issuance period / No): No
4. Total issuance amount and number of shares for the entire project (if it is a capital increase from earnings or capital reserves, the number of shares does not include those allocated to employees):
Up to 20,000 thousand common shares
5. For shelf registration of new share issuance, the amount and number of shares for this issuance: Not applicable
6. For shelf registration of new share issuance, the remaining amount and number of shares after this issuance: Not applicable
7. Par value per share: NTD 10
8. Issuance price: The actual issuance price and total fundraising amount will be determined by the Chairman within the price range authorized by the Board of Directors, in accordance with relevant laws and regulations and market conditions, after obtaining approval from the competent authority.
9. Number of shares subscribed by employees or allocation amount: 15% of the total issued shares, amounting to 3,000,000 shares (upper limit)
10. Number of shares for public sale: 10% of the total issued shares, amounting to 2,000,000 shares (upper limit)
11. Subscription ratio for existing shareholders or free allocation ratio: 75% of the total issued shares, amounting to 15,000,000 shares
12. Handling of odd lots and unsubscribed shares after the deadline: For odd lots or fractional shares unsubscribed by existing shareholders and employees, and for existing shareholders who fail to combine shares before the deadline, the Chairman is authorized to find specific persons to subscribe at the issuance price.
13. Rights and obligations of new shares issued this time: Same as originally issued common shares.
14. Use of funds from this capital increase: To repay the principal and interest compensation of the seventh and eighth unsecured convertible corporate bonds upon exercise of the put option.
15. Other matters to be specified: After this cash capital increase proposal is approved by the competent authority, the Chairman is authorized to set the record date for subscription, the capital increase record date, and handle related matters concerning this capital increase.