【Guang Sheng】Announcement from Guang Sheng Co., Ltd. regarding the exercise of bond redemption right for its Domestic Second Unsecured Convertible Corporate Bonds (Abbreviation: Guang Sheng II, Code: 64422) and the termination of OTC trading on June 12, 2026.

Content: Handled in accordance with Article 18 of the Guang Sheng II Issuance and Conversion Regulations.
The issuing company will exercise its bond redemption right from May 13, 2026, to June 11, 2026. The redemption price is 100.0000% of the bond's face value.
1. In accordance with Article 18, Paragraph 1 of the Company's "Domestic Second Unsecured Convertible Corporate Bonds Issuance and Conversion Regulations," if the closing price of the Company's common shares continuously exceeds the current conversion price by 30% (inclusive) for 30 consecutive business days, the Company may, within 30 business days thereafter, send a "Bond Redemption Notice" with a 30-day maturity (the aforementioned period starts from the date of dispatch by the Company, and the maturity date shall be the bond redemption record date, and the aforementioned period shall not be the suspension of conversion period as per Article 9) to bondholders (based on the bondholder roster recorded on the fifth business day before the dispatch date of the "Bond Redemption Notice"; for holders who acquire these convertible bonds due to trading or other reasons thereafter, an announcement will be made). The redemption price is set at the bond's face value, and all bonds will be redeemed in cash. The Company will also request the OTC Exchange to make an announcement.
2. In accordance with Article 18, Paragraph 3 of the Company's "Domestic Second Unsecured Convertible Corporate Bonds Issuance and Conversion Regulations," if bondholders do not reply in writing to the Company's stock transfer agent (effective upon delivery; for mail, based on the postmark) before the bond redemption record date stated in the "Bond Redemption Notice," the Company will redeem all of their convertible bonds in cash at face value within five business days after the bond redemption record date.
3. Matters related to the exercise of the redemption right and the termination of OTC trading for the Company's Domestic Second Unsecured Convertible Corporate Bonds are as follows:
(1) Date of registered mail dispatch of bond redemption notice: May 13, 2026.
(2) Period for notification and acceptance of convertible bond redemption: May 13, 2026, to June 11, 2026.
(3) Convertible bond redemption record date: June 11, 2026.
(4) Date of termination of OTC trading for convertible bonds: June 12, 2026.
(5) Bond redemption payment and payment date: Redemption will be made in cash at face value, and payments will be uniformly made on June 23, 2026, by wire transfer or mailed check to each applicant. Transfer fees (postage) will be directly deducted from the redemption amount.
4. Bond redemption procedures and required documents:
(1) Application form for convertible bond book-entry transfer/redemption/put (application forms can be obtained from securities firms; indicate: redemption, and fill in the holder's bank account for wire transfer and affix the seal of the centralized securities deposit account).
(2) Securities passbook: Apply for bond redemption procedures at the securities firm. The securities firm will submit the application to Taiwan Depository & Clearing Corporation (hereinafter referred to as TDCC). The application will be effective upon receipt by TDCC and cannot be withdrawn.
(3) Creditors may apply for redemption at their securities firm from the business day before the start date of the bond redemption notice, May 13, 2026 (May 12, 2026), until the business day before the maturity date (June 11, 2026), which is June 10, 2026.
5. The Company's stock transfer agent: Taishin Securities Co., Ltd., Stock Transfer Department (Address: B1, No. 96, Section 1, Jianguo North Road, Taipei City; Tel: 02-25048125).
Warning: Investors are advised that those eligible for conversion, if they do not request conversion in writing before June 15, 2026, the Company will redeem all of their bonds in cash at face value.