【Kwong Shing】Announcement: The Board of Directors Decided Not to Proceed with the Private Placement of Securities Approved at the 2025 Shareholder Meeting

1. Date of change resolution by the Board of Directors: 2026/05/08 2. Date of original plan declaration becoming effective: Not applicable 3. Date of supplementary issuance: Not applicable 4. Reason for change: The company's private placement of securities case was approved at the 2025 annual general meeting of shareholders. The private placement is about to expire in one year, and a suitable strategic investor has not yet been found. Therefore, the Board of Directors resolved not to proceed with it. 5. Previous changes before and after the fundraising plan: Not applicable 6. Expected implementation progress: Not applicable 7. Expected completion date: Not applicable 8. Expected possible benefits: Not applicable 9. Difference from originally expected benefits: Not applicable 10. Impact of this change on shareholders' equity: Not applicable 11. Summary of evaluation opinions from the original lead underwriter: Not applicable 12. Other matters that need to be specified: None.