[Andes] Clarification on Commercial Times Report

1. Date of occurrence of the event: 2026/04/16 2. Company name: Andes Technology Corporation 3. Relationship with the company (please enter "the company" or "subsidiary"): The company 4. Reciprocal shareholding ratio: Not applicable 5. Name of mass media: Commercial Times 6. Content of the report: The Commercial Times reported on 04/16 that "Andes Technology's revenue scale this year is expected to see double-digit growth driven by AI, IoT, and consumer electronics applications." 7. Cause of occurrence: (1) The financial forecast information regarding the company's performance mentioned in the media report was not released by the company; it is purely media speculation. For relevant financial and business information, please refer to the content announced by the company on the Market Observation Post System (MOPS). This clarification is hereby made. (2) The company has not officially released financial forecast information. We sincerely remind the investing public that if news not officially released by the company on MOPS causes misunderstanding or loss to the investing public, it is purely the personal financial behavior of the investing public. Investors are advised to be cautious. 8. Countermeasures: Issuing a material message to clarify the report. 9. Any other matters that need to be specified: None.