Tai Duan Announces Shareholders' Meeting Approval to Lift Director's Non-Compete Restriction

1. Shareholders' meeting resolution date: 115/06/23 2. Name and title of director permitted to engage in competitive activities: Independent Director: Cheng, Guangyi 3. Nature of permitted competitive activity: Independent Director at Yongzhang Electric & Machinery Co., Ltd. 4. Duration of permitted competitive activity: During the term of serving as independent director of this company 5. Resolution outcome (voting results explained under Company Act Article 209): Approved by over two-thirds of voting rights from shareholders representing more than half of issued shares 6. Director's name and title if the permitted competitive activity involves business operations in Mainland China (enter 'Not Applicable' otherwise): Not Applicable 7. Company name and position held in such Mainland China business: Not Applicable 8. Address of such Mainland China business: Not Applicable 9. Business operations of such Mainland China business: Not Applicable 10. Impact on the company's financial and business operations: None 11. If the director has invested in such Mainland China business, investment amount and shareholding ratio: Not Applicable 12. Other matters to be disclosed: None