Tatung Announces Planned Increase in Stake in Subsidiary Tatung Global Holdings Co., Ltd.

## Press Release Information
Title: 【Tatung】Announcement of the Company's Plan to Increase its Stake in its Subsidiary Tatung Global Holdings Co., Ltd.

### 1. Name and Nature of the Subject Matter (for preferred shares, the agreed terms of issue such as dividend rate should also be specified)
Name of the subject matter: Tatung Global Holdings Co., Ltd.
Nature of the subject matter: Common shares

### 2. Date of Occurrence of the Event
115/5/12~115/5/12

### 3. Date of Board of Directors' Resolution
May 12, 115 (Republic of China calendar)

### 4. Other Approval Dates
Not applicable

### 5. Quantity, Unit Price, and Total Transaction Amount
Transaction quantity: 27.25 million shares (estimated)
Transaction unit price: NTD 100 (estimated)
Total transaction amount: NTD 2.725 billion (estimated)

### 6. Counterparty of the Transaction and its Relationship with the Company (if the counterparty is a natural person and not a related party of the company, disclosure of their name may be omitted)
Counterparty: Tatung Global Holdings Co., Ltd.
Relationship with the company: A subsidiary of the company

### 7. If the counterparty is a related party, the reason for selecting the related party as the transaction counterparty, the previous owner of the transferred asset, the relationship between the previous owner and the company and the counterparty, the date of the previous transfer, and the transfer amount should also be announced
Long-term investment

### 8. If the owner of the transaction subject matter has been a related party of the company within the past five years, the date and price of acquisition and disposal by the related party, and the relationship with the company at the time of the transaction should also be announced
Not applicable

### 9. Matters related to the disposal of claims (including the type of collateral attached to the claims being disposed of, and if the claims disposed of belong to related party claims, the name of the related party and the book value of the related party's claims disposed of this time should also be announced)
Not applicable

### 10. Disposal gains (or losses) (not applicable for acquisition of securities) (for those previously deferred, a table explaining the recognition status should be provided)
Not applicable

### 11. Delivery or Payment Terms (including payment period and amount), Contractual Restrictions, and Other Important Agreements
Cash and equity injection, no contractual restrictions or other important agreements

### 12. Method of determining this transaction, reference basis for price determination, and decision-making unit
The equity value is adopted as the transfer price, and its equity value has obtained a fairness opinion from an accountant and has been approved by the company's board of directors.

### 13. Net asset value per share of the target company for acquisition or disposal of securities
Not applicable

### 14. As of now, the quantity, amount, shareholding ratio, and restrictions on rights (such as pledge status) of the securities held (including this transaction)
Quantity held: 27.35 million shares
Amount held: NTD 2.726 billion
Shareholding ratio: 100%
Restricted status: None

### 15. As of now, the proportion of investment in securities (including this transaction) listed in Article 3 of the "Regulations Governing the Acquisition and Disposal of Assets by Public Companies" to the total assets and equity attributable to owners of the parent in the company's most recent financial report, and the amount of working capital in the most recent financial report (Note 2)
Proportion to total assets in the company's most recent financial report: 75.18%
Proportion to equity attributable to owners of the parent in the company's most recent financial report: 166.08%
Working capital in the most recent financial report: NTD 8,690,161 thousand

### 16. Broker and Brokerage Fees
Not applicable

### 17. Specific purpose or use of acquisition or disposal
Long-term investment

### 18. Opinions of dissenting directors on this transaction
None

### 19. This transaction is a related party transaction
Yes

### 20. Date of approval by supervisors or audit committee
May 12, 115 (Republic of China calendar)

### 21. Accountant's opinion on this transaction is not unreasonable
No

### 22. Accounting Firm Name
Xin-You Certified Public Accountants

### 23. Accountant's Name
Lin Chang-You

### 24. Accountant's Professional License Number
Financial Supervisory Commission Certificate No. 4562

### 25. Does it involve changes in operating model
No

### 26. Explanation of changes in operating model
Not applicable

### 27. Transaction status with the counterparty in the past year and expected next year
Not applicable

### 28. Source of funds
Not applicable

### 29. Date of previous significant announcement regarding the same event
Not applicable

### 30. Other explanatory matters
- Handled in accordance with the company's authority limits and disposal procedures.
- This proposed capital increase to Tatung Global Holdings Co., Ltd. will be made through cash capital increase and equity valuation of investment companies. The above information is calculated based on the net value of the investment company's self-reported financial statements as of 115/3/31. The actual transaction's equity value will be based on the net value of the most recent financial statements.
- The company will make a cash capital increase of NTD 225 million and inject the equity value of its wholly-owned subsidiaries - Tatung America Inc., Tatung Japan Co., Ltd., Tatung Thailand Co., Ltd., Tatung Sustainable Development Singapore Holdings Pte. Ltd., and Tatung Singapore Electric Co., Ltd., totaling approximately NTD 2.5 billion. The total amount for this capital increase is approximately NTD 2.725 billion and will be carried out in phases.