Baolu-te KY Announces Shareholder Meeting Resolution to Lift Non-Compete Restrictions for Directors

1. Shareholder Meeting Resolution Date: 115/06/23

2. Names and Titles of Directors Permitted to Engage in Competitive Activities: (1) Director: Ou Zhiwen (2) Director: BRAINTREE Industries Limited Representative: Ke Yongchun (3) Director: GUANG SHUN PETTECHS FIBRE INDUSTRY L.L.C. Representative: Ou Bohao (4) Director: Kunding Green Energy & Environmental Protection Co., Ltd. Representative: Diao Xiuhua (5) Independent Director: Xu Wenguan (6) Independent Director: Lin Huiping (7) Independent Director: Cao Ming (8) Independent Director: Huang Guoming

3. Permitted Competitive Activities: Investing in or operating other companies with business scopes identical or similar to the Company’s, and serving as directors of such companies

4. Duration of Permitted Competitive Activities: During the period of serving as directors of the Company

5. Voting Outcome (as per Article 209 of the Company Act): The resolution was approved as proposed, with votes in favor exceeding the legally required threshold.

6. Names and Titles of Directors Engaging in Competitive Activities in Mainland China-based Businesses (Enter 'Not Applicable' if none): Not Applicable

7. Company Name and Position Held in Mainland China-based Business: Not Applicable

8. Address of Mainland China-based Business: Not Applicable

9. Business Scope of Mainland China-based Business: Not Applicable

10. Impact on the Company’s Financial and Operational Performance: Not Applicable

11. If Directors Have Invested in Mainland China-based Businesses, Investment Amount and Shareholding Ratio: Not Applicable

12. Other Matters to be Disclosed: None