TECO Clarifies Media Report on April 30, 115

1. Date of factual occurrence: 115/04/30 2. Company name: TECO Electric & Machinery Co., Ltd. 3. Relationship with the company: Parent company 4. Proportion of mutual shareholding: Not applicable 5. Name of broadcasting media: Nikkei Business (Economic Daily) A05 Edition 6. Report content: TECO is accelerating its transformation into a "power and energy service provider," fully deploying AI-related business opportunities, entering the supply chain of major manufacturers like NVIDIA, with a target of doubling group revenue to 100 billion yuan within two to three years. 7. Reason for occurrence: Media report regarding the company's operational information. 8. Response measures: In response to the media report, a clarification is hereby issued. 9. Other matters to be noted: Regarding news reports by newspapers and media on the company's operational status, please refer to the information announced by the company on the Public Information Observatory.