Kai Fund Announces Board Resolution by Subsidiary CDIB Capital to Invest in M37 Offshore Fund Ltd.

1. Name and nature of the subject matter (for preferred shares, specify terms such as dividend rate): Series A shares of M37 Offshore Fund Ltd.

2. Date of occurrence: 115/06/25

3. Number of trading units, unit price, and total transaction amount: (1) Number of units and unit price: USD 1,000 per share, totaling up to 20,000 shares. (2) Total transaction amount: Not exceeding USD 20 million.

4. Counterparty and its relationship with the company (if the counterparty is an individual and not a related party, name disclosure may be omitted): (1) Counterparty: M37 Offshore Fund Ltd. (2) Relationship with the company: Not a related party

5. If the counterparty is a related party, state the reason for selection, previous owner, relationships among previous owner, company, and counterparty, transfer date, and amount: Not applicable

6. If the ownership of the subject matter was held by a related party of the company within the past five years, disclose the date, price, and relationship at the time of acquisition and disposal: Not applicable

7. Matters related to the disposal of claims (including types of collateral attached to disposed claims; if claims are against related parties, disclose names and book value): Not applicable

8. Gain (or loss) from disposal (not applicable for acquisition of securities) (if deferred, provide a table showing recognition): Not applicable

9. Delivery or payment terms (including payment periods and amounts), contractual restrictions, and other important agreements: As per contract terms

10. Decision-making method for this transaction, reference basis for price determination, and decision-making unit: (1) Decision-making method and pricing reference: Mutual agreement (2) Decision-making unit: Board of Directors

11. Net asset value per share of the securities-issuing company: 35,798.00

12. Whether the private placement reference price differs from the per-share transaction price by more than 20%: Not applicable

13. Cumulative holdings of these securities (including this transaction) to date in terms of quantity, amount, ownership percentage, and restricted rights (e.g., pledge status): (1) Cumulative quantity: Up to 20,000 shares (2) Cumulative amount: Not exceeding USD 20 million (3) Ownership percentage: Approximately 5.1% (4) Restricted rights: None

14. Proportion of private placement securities investment (including this transaction) to total assets and equity attributable to owners of the parent in the latest financial statements, and amount of working capital in the latest financial statements: (1) Proportion to total assets: 0.69% (2) Proportion to equity attributable to owners of the parent: 0.83% (3) Working capital amount: Not applicable

15. Manager and brokerage fees: None

16. Specific purpose or use of the acquisition or disposal: For investment business development needs

17. Dissenting opinions from directors regarding this transaction: None

18. Whether this transaction is a related-party transaction: No

19. Date of board approval: Not applicable

20. Date of auditor approval or audit committee consent: Not applicable

21. Whether the accountant issued an adverse opinion: No

22. Name of accounting firm: Yang Chih & Associates

23. Name of accountant: Hu Xiang-Ning

24. Accountant's license number: Zhongshi CPA License No. 0191

25. Other disclosures: 1) Calculated using the USD to NTD exchange rate of 1:31.475 as of 115/06/05. 2) GM is the abbreviation for CDIB Global Markets Limited. 3) This transaction will be conducted in stages.