Taihuo Announces Full Board Election and Director Changes Exceeding One-Third

1. Date of Change: 2026/06/23 2. Category of Appointed or Changed Personnel (please enter: corporate director, corporate supervisor, independent director, individual director, or individual supervisor): corporate director, independent director, individual director 3. Former Titles and Names: (1) Director: Li Taiqi, representative of Fuli Investment Co., Ltd. (2) Director: Li Junyong (3) Director: Li Dongying, representative of Baoli Investment Co., Ltd. (4) Director: Li Chengjun, representative of Huabin Co., Ltd. (5) Independent Director: Wu Jiaxun (6) Independent Director: Fan Hongshu (7) Independent Director: Lin Bingxian 4. Former Resumes: (1) Director: Li Taiqi / Chairman of Taihuo Development Co., Ltd. (2) Director: Li Junyong / Vice Chairman of Taihuo Development Co., Ltd. (3) Director: Li Dongying / Chairman of Yongli Investment Co., Ltd. (4) Director: Li Chengjun / Chairman of Jiasheng Development Co., Ltd. (5) Independent Director: Wu Jiaxun / Independent Director of Taihuo Development Co., Ltd., Independent Director of Taitung & Co., Ltd. (6) Independent Director: Fan Hongshu / Independent Director of Taihuo Development Co., Ltd., Professor and Associate Dean of the College of Management, Fu Jen Catholic University; Director of Taiwan Tiger Airways Co., Ltd. (7) Independent Director: Lin Bingxian / Chairman of Zhengxing Investment Co., Ltd., General Manager of Yongxing Securities Co., Ltd. 5. New Titles and Names: (1) Director: Li Junyong (2) Director: Wu Jiaxun, representative of Fuli Investment Co., Ltd. (3) Director: Li Dongying, representative of Baoli Investment Co., Ltd. (4) Director: Zhao Yixian (5) Independent Director: Fan Hongshu (6) Independent Director: Ye Zhishang (7) Independent Director: Wu Shoulu 6. New Resumes: (1) Director: Li Junyong / Chairman of Taihuo Investment Co., Ltd., Chairman of Taiyou International Co., Ltd. (2) Director: Wu Jiaxun, representative of Fuli Investment Co., Ltd. / Independent Director of Taihuo Development Co., Ltd., Independent Director of Taitung & Co., Ltd. (3) Director: Li Dongying / Chairman of Yongli Investment Co., Ltd. (4) Director: Zhao Yixian / Director of Lihua Wool Industry Co., Ltd., Director of Tongxie Electronics Co., Ltd. (5) Independent Director: Fan Hongshu / Independent Director of Taihuo Development Co., Ltd., Professor and Associate Dean of the College of Management, Fu Jen Catholic University; Director of Taiwan Tiger Airways Co., Ltd. (6) Independent Director: Ye Zhishang / Partner Lawyer at Fachao International Law Firm (7) Independent Director: Wu Shoulu / Chairman of Yongxing Securities Co., Ltd. 7. Nature of Change (please enter 'resignation', 'dismissal', 'end of term', 'deceased', or 'new appointment'): end of term 8. Reason for Change: Full board election due to expiration of term. 9. Shareholding at Time of Appointment: (1) Director: Li Junyong, 1,039,229 shares (2) Director: Wu Jiaxun (representative of Fuli Investment Co., Ltd.), 9,796,744 shares (3) Director: Li Dongying (representative of Baoli Investment Co., Ltd.), 8,500,167 shares (4) Director: Zhao Yixian, 155,000 shares (5) Independent Director: Fan Hongshu, 0 shares (6) Independent Director: Ye Zhishang, 0 shares (7) Independent Director: Wu Shoulu, 0 shares 10. Original Term: 2023/06/19 ~ 2026/06/23 11. Effective Date of New Appointment: 2026/06/23 12. Director Turnover Rate During Same Term: Not applicable 13. Independent Director Turnover Rate During Same Term: Not applicable 14. Supervisor Turnover Rate During Same Term: Not applicable 15. More than one-third of directors changed (yes or no): yes 16. Other Matters to be Disclosed: None