【Transcend】Announcement of the Company's Board of Directors' Resolution to Repurchase and Cancel Restricted Stock Units for Employees for Capital Reduction

1. Date of board resolution: 2026/05/07 2. Reason for capital reduction: Employees who were originally allocated restricted stock units are deemed to have forfeited their vesting qualification upon resignation. The company will repurchase their shares at the original issuance price and proceed with cancellation. 3. Capital reduction amount: 240,000 4. Number of shares to be canceled: 24,000 5. Capital reduction ratio: 0.006% 6. Capital after reduction: 431,345,675 shares 7. Scheduled date of shareholders' meeting: Not applicable 8. Estimated number of listed common shares after capital reduction and new share listing: Not applicable 9. Ratio of estimated listed common shares after capital reduction and new share listing to total issued common shares (listed common shares after reduction / total issued common shares after reduction): Not applicable 10. If the estimated number of listed common shares after capital reduction is less than 60 million shares and less than 25% of total issued shares as per items 8 and 9, please explain countermeasures for low stock liquidity: Not applicable 11. Capital reduction record date: 2026/05/08 12. Other matters that need to be specified: None