Taihuo Announces Board Election of New Chairman

1. Date of Board Resolution or Change: 115/06/23 2. Position (Please specify 'Chairman' or 'CEO'): Chairman 3. Former Incumbent's Name: Fuli Investment Co., Ltd., Representative: Li Tai-Chi 4. Former Incumbent's Resume: Li Tai-Chi / Chairman of Taihuo Development Co., Ltd. 5. New Appointee's Name: Li Chun-Yung 6. New Appointee's Resume: Li Chun-Yung / Chairman of Taihuo Investment Co., Ltd., Chairman of Taiyou International Co., Ltd. 7. Nature of Change (Please enter 'Resignation', 'Dismissal', 'End of Term', 'Position Adjustment', 'Redundancy', 'Retirement', 'Deceased', or 'New Appointment'): End of Term 8. Reason for Change: Comprehensive board reshuffle. 9. Effective Date of New Appointment: 115/06/23 10. Other Matters to be Disclosed (If the subject is a publicly issued company or above, this major information also qualifies as a matter under Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act that significantly affects shareholders' rights or securities prices): None. Keyword: Major Information