China Steel announces its subsidiary Dragon Steel Corporation's corporate representative director change and over one-third of directors' change

1. Date of Change: 115/04/29 2. Type of Appointee or Personnel Change (Please enter Corporate Director, Corporate Supervisor, Independent Director, Natural Person Director, or Natural Person Supervisor): Corporate Director 3. Title and Name of Former Appointee: China Steel Corporation Representative: Zheng Jizhao 4. Brief Resume of Former Appointee: Executive Vice President, China Steel Corporation 5. Title and Name of New Appointee: China Steel Corporation Representative: Liu Hongyi 6. Brief Resume of New Appointee: Technical Vice President, China Steel Corporation 7. Type of Change (Please enter 'Resignation', 'Dismissal', 'Term Expiration', 'Deceased', or 'New Appointment'): Resignation 8. Reason for Change: Re-appointment of Corporate Representative Director 9. Number of Shares Held by New Appointee at the Time of Appointment: Director: China Steel Corporation (Representative Liu Hongyi) 8,612,586,123 shares 10. Original Term (e.g., xx/xx/xx ~ xx/xx/xx): 112/09/28~115/09/27 11. Effective Date of New Appointment: 115/04/30 12. Percentage Change of Directors in the Same Term: 3/5 13. Percentage Change of Independent Directors in the Same Term: 0 14. Percentage Change of Supervisors in the Same Term: 0 15. Does the Change Affect Over One-Third of the Directors (Please enter Yes or No): Yes 16. Other Matters to be Specified (If the subject of the event or resolution is a public company or above, this material information also complies with Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act regarding matters that have a material impact on shareholders' equity or securities prices): None.