Kishioku-KY Announces Shareholders' Resolution to Lift Non-Compete Restrictions for Newly Appointed Directors

1. Shareholders' Meeting Resolution Date: June 23, 2026

2. Names and Titles of Directors Permitted to Engage in Competitive Activities: (1) Director: Hsieh, Hung-Chiung (2) Director: Li Yi Co., Ltd. Representative: Lin, Ming-Tsai (3) Director: Cheng, Chih-Fa (4) Director: Chou, Shan-Shan (5) Independent Director: Lin, Tsai-Fu (6) Independent Director: Su, Chiu-Hsia (7) Independent Director: Cheng, Wang-Shou

3. Permitted Competitive Activities: Directors may engage in activities falling within the company's business scope, either for themselves or on behalf of others, provided such activities do not harm the company's interests.

4. Duration of Permitted Competitive Activities: Throughout the term of their directorship at the company.

5. Resolution Outcome (Voting Results per Article 209 of the Company Act): The resolution to lift the non-compete restrictions for the above directors was approved by shareholders representing more than one-half of the issued shares, with over two-thirds of the voting rights of attending shareholders in favor.

6. Directors Engaging in Competitive Activities with Businesses in Mainland China (Enter 'Not Applicable' if not applicable): (1) Director: Hsieh, Hung-Chiung (2) Director: Li Yi Co., Ltd. Representative: Lin, Ming-Tsai

7. Company Names and Positions Held in Mainland China Businesses: (1) Director: Hsieh, Hung-Chiung - Chuan Yuan (China) Machinery Co., Ltd.: Chairman - Chuan Yuan Environmental Technology (Yangzhou) Co., Ltd.: Chairman - Zhejiang Chuanyan Environmental Technology Co., Ltd.: Director - Chuanneng Carbonhe (Beijing) Environmental Technology Co., Ltd.: Director

(2) Director: Li Yi Co., Ltd. Representative: Lin, Ming-Tsai - Yangzhou Heiwei Environmental Equipment Co., Ltd.: Chairman - Pinghu Heiwei Environmental Equipment Co., Ltd.: Chairman

8. Addresses of Mainland China Businesses: (1) Director: Hsieh, Hung-Chiung - Chuan Yuan (China) Machinery Co., Ltd.: No. 2399, Xinming Road, Pinghu Economic Development Zone, Zhejiang Province - Chuan Yuan Environmental Technology (Yangzhou) Co., Ltd.: No. 3-1, Weichai Avenue, Beishan Automotive Industry Park, Hanjiang District, Yangzhou City, Jiangsu Province - Zhejiang Chuanyan Environmental Technology Co., Ltd.: 1st Floor, Office Building, No. 2399, Xinming Road, Pinghu Economic Development Zone, Zhejiang Province - Chuanneng Carbonhe (Beijing) Environmental Technology Co., Ltd.: Room 1704, 17th Floor, Building 1, No. 1 Yard, Jinghai 6th Road, Beijing Economic-Technological Development Area (Tongzhou), Beijing

(2) Director: Li Yi Co., Ltd. Representative: Lin, Ming-Tsai - Yangzhou Heiwei Environmental Equipment Co., Ltd.: No. 18, Yunhe Road, Gongdao Town, Hanjiang District, Yangzhou City - Pinghu Heiwei Environmental Equipment Co., Ltd.: No. 2399, Xinming Road, Pinghu Economic Development Zone, Pinghu City, Zhejiang Province

9. Business Operations of Mainland China Entities: (1) Director: Hsieh, Hung-Chiung - Chuan Yuan (China) Machinery Co., Ltd.: Manufacturing and sales of environmental equipment - Chuan Yuan Environmental Technology (Yangzhou) Co., Ltd.: Manufacturing and sales of environmental equipment - Zhejiang Chuanyan Environmental Technology Co., Ltd.: Development and sales of intelligent software for environmental equipment - Chuanneng Carbonhe (Beijing) Environmental Technology Co., Ltd.: Sales of sludge drying equipment

(2) Director: Li Yi Co., Ltd. Representative: Lin, Ming-Tsai - Yangzhou Heiwei Environmental Equipment Co., Ltd.: Manufacturing and sales of blowers - Pinghu Heiwei Environmental Equipment Co., Ltd.: Manufacturing and sales of blowers

10. Impact on the Company's Financial and Business Operations: None

11. Investment Amounts and Shareholding Ratios if Directors Have Invested in Mainland China Businesses: Director: Li Yi Co., Ltd. Representative: Lin, Ming-Tsai - Yangzhou Heiwei Environmental Equipment Co., Ltd.: Investment of USD 1,200,000 / Shareholding ratio: 100% - Pinghu Heiwei Environmental Equipment Co., Ltd.: Investment of USD 108,885 / Shareholding ratio: 15.555%

12. Other Matters to Be Disclosed: None