Starlux Airlines: Announcement of the Board of Directors' Resolution to Issue the First and Second Domestic Unsecured Convertible Bonds

1. Date of board of directors resolution: May 12, 115 (R.O.C. calendar, i.e., 2026/05/12)
2. Name [XX Company's Xth (secured/unsecured) corporate bonds]:
(1) Starlux Airlines Co., Ltd. First Domestic Unsecured Convertible Bonds.
(2) Starlux Airlines Co., Ltd. Second Domestic Unsecured Convertible Bonds.
3. Whether to adopt comprehensive declaration for issuing corporate bonds (Yes/No): No.
4. Total issuance amount: The total face value of the First Domestic Unsecured Convertible Bonds and the Second Domestic Unsecured Convertible Bonds combined shall not exceed NTD 2,000,000 thousand.
5. Face value per bond:
(1) First Domestic Unsecured Convertible Bonds: NTD 100 thousand.
(2) Second Domestic Unsecured Convertible Bonds: NTD 100 thousand.
6. Issuance price:
(1) First Domestic Unsecured Convertible Bonds: Issued at 100% to 101% of the face value.
(2) Second Domestic Unsecured Convertible Bonds: The floor price shall not be lower than 100% of the face value, and the actual total issuance amount will be determined based on the results of the competitive auction.
7. Issuance period:
(1) First Domestic Unsecured Convertible Bonds: 5 years.
(2) Second Domestic Unsecured Convertible Bonds: 5 years.
8. Interest rate:
(1) First Domestic Unsecured Convertible Bonds: Coupon rate 0%.
(2) Second Domestic Unsecured Convertible Bonds: Coupon rate 0%.
9. Type, name, amount, and agreed matters of collateral: Not applicable.
10. Purpose and plan for funds raised:
(1) First Domestic Unsecured Convertible Bonds: Repay bank loans and supplement working capital.
(2) Second Domestic Unsecured Convertible Bonds: Repay bank loans and supplement working capital.
11. Underwriting method:
(1) First Domestic Unsecured Convertible Bonds: Public offering conducted through a book-building process.
(2) Second Domestic Unsecured Convertible Bonds: Public offering conducted through a competitive auction process.
12. Corporate bond trustee: Authorized by the Chairman of the Board to decide.
13. Underwriter or distributor: Yuanta Securities Co., Ltd.
14. Issuing guarantor: Not applicable.
15. Agent for principal and interest repayment: The company's stock transfer agent.
16. Certifying institution: Not applicable.
17. Conversion rules for convertible shares: Related rules are authorized by the Chairman of the Board to decide based on financial market conditions, handled in accordance with relevant laws and regulations, and will be announced separately after being reported to and taking effect with the competent authority.
18. Sell-back conditions: Related rules are authorized by the Chairman of the Board to decide based on financial market conditions, handled in accordance with relevant laws and regulations, and will be announced separately after being reported to and taking effect with the competent authority.
19. Buy-back conditions: Related rules are authorized by the Chairman of the Board to decide based on financial market conditions, handled in accordance with relevant laws and regulations, and will be announced separately after being reported to and taking effect with the competent authority.
20. Stock conversion base date for convertible, exchangeable, or subscription rights: Related rules are authorized by the Chairman of the Board to decide based on financial market conditions, handled in accordance with relevant laws and regulations, and will be announced separately after being reported to and taking effect with the competent authority.
21. Potential dilution of equity for convertible, exchangeable, or subscription rights: Related rules are authorized by the Chairman of the Board to decide based on financial market conditions, handled in accordance with relevant laws and regulations, and will be announced separately after being reported to and taking effect with the competent authority.
22. Other matters that need to be specified: The issuance conditions, issuance schedule, and the establishment or revision of issuance and conversion rules for these First and Second Domestic Unsecured Convertible Bonds, as well as the total amount of funds required for the plan, sources of funds, project items, progress of fund utilization, estimated possible benefits, and other related matters concerning the issuance, if there are changes in laws and regulations, instructions for revision from the competent authority, or a need for establishment or revision due to objective environmental factors, the Chairman of the Board is authorized to handle all matters.