Kangsu Announces Subsidiary Kangyue Technology's Shareholders Approve Removal of Director Non-Compete Restrictions

1. Shareholders' Meeting Resolution Date: June 24, 2026

2. Names and Titles of Directors Permitted to Engage in Competitive Activities: Director: Xu Jieli, Chen Bochang

3. Scope of Permitted Competitive Activities: Limited to activities that do not impair the interests of the company.

4. Duration of Permitted Competitive Activities: The period during which the individuals serve as directors of Kangyue Technology.

5. Resolution Outcome (Voting Results as per Article 209 of the Company Act): In accordance with Article 209 of the Company Act, the 2026 annual general meeting of Kangyue Technology, held on June 24, 2026, approved the removal of non-compete restrictions for the directors, provided that such competitive activities do not harm the company's interests.

6. Directors Engaging in Competitive Activities Related to Mainland China-based Businesses (Enter 'Not Applicable' if not applicable): Not Applicable

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

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

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

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

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

12. Other Matters to be Disclosed: None