[Tung Ho Steel] Announcement regarding the election of directors (including independent directors)

1. Date of change: 2026/05/22 2. Type of personnel change (corporate director, corporate supervisor, independent director, individual director or individual supervisor): Corporate director, independent director 3. Title and name of the predecessor: (1) Director: Mao Sheng Investment Co., Ltd., Representative: Hou Chieh-teng (2) Director: Mao Sheng Investment Co., Ltd., Representative: Tung Po-hsun (3) Director: Ho Chao Investment Co., Ltd., Representative: Hou Yu-shu (4) Director: Han Lei Investment Co., Ltd., Representative: Huang Chih-ming (5) Director: Liang Cheng Investment Co., Ltd., Representative: Chen Pao-ho (6) Director: Hou Yen-liang (7) Independent Director: Liu Te-ming (8) Independent Director: Liu Chi-kang (9) Independent Director: Liu Chia-wen 4. Resume of the predecessor: (1) Hou Chieh-teng: Chairman of Tung Ho Steel Enterprise Corp. (2) Tung Po-hsun: Director of Tung Ho Steel Enterprise Corp. (3) Hou Yu-shu: Vice Chairman of Tung Ho Steel Enterprise Corp. (4) Huang Chih-ming: Director of Tung Ho Steel Enterprise Corp. (5) Chen Pao-ho: Director of Tung Ho Steel Enterprise Corp. (6) Hou Yen-liang: Director of Tung Ho Steel Enterprise Corp. (7) Liu Te-ming: Independent Director of Tung Ho Steel Enterprise Corp. (8) Liu Chi-kang: Independent Director of Tung Ho Steel Enterprise Corp. (9) Liu Chia-wen: Independent Director of Tung Ho Steel Enterprise Corp. 5. Title and name of the successor: (1) Director: Mao Sheng Investment Co., Ltd., Representative: Hou Chieh-teng (2) Director: Mao Sheng Investment Co., Ltd., Representative: Lin Chi (3) Director: Ho Chao Investment Co., Ltd., Representative: Hou Yu-shu (4) Director: Ho Chao Investment Co., Ltd., Representative: Gu Kuan-ren (5) Director: Han Lei Investment Co., Ltd., Representative: Huang Chih-ming (6) Director: Chi Cheng Investment Co., Ltd., Representative: Chen Pao-ho (7) Director: Muchuan Global Capital Co., Ltd., Representative: Hou Yen-liang (8) Independent Director: Liu Chi-kang (9) Independent Director: Liu Chia-wen (10) Independent Director: Sun Ming-te (11) Independent Director: Ke Wen-ling 6. Resume of the successor: (1) Hou Chieh-teng: Chairman of Tung Ho Steel Enterprise Corp. (2) Lin Chi: Consultant of Tung Ho Steel Enterprise Corp. (3) Hou Yu-shu: Vice Chairman of Tung Ho Steel Enterprise Corp. (4) Gu Kuan-ren: Consultant of Tung Ho Steel Enterprise Corp. (5) Huang Chih-ming: Director of Tung Ho Steel Enterprise Corp. (6) Chen Pao-ho: Director of Tung Ho Steel Enterprise Corp. (7) Hou Yen-liang: Director of Tung Ho Steel Enterprise Corp. (8) Liu Chi-kang: Independent Director of Tung Ho Steel Enterprise Corp. (9) Liu Chia-wen: Independent Director of Tung Ho Steel Enterprise Corp. (10) Sun Ming-te: Director of the Economic Forecasting Center, Taiwan Institute of Economic Research (11) Ke Wen-ling: Chairman and Spokesperson of Tung Ming Holdings (Cayman) Co., Ltd. 7. Reason for change: Expiration of term 8. Details of change: Re-election upon expiration of term 9. Shareholding at the time of election for the successor: (1) Director: Mao Sheng Investment Co., Ltd., Representative: Hou Chieh-teng, 65,122,877 shares (2) Director: Mao Sheng Investment Co., Ltd., Representative: Lin Chi, 65,122,877 shares (3) Director: Ho Chao Investment Co., Ltd., Representative: Hou Yu-shu, 62,835,750 shares (4) Director: Ho Chao Investment Co., Ltd., Representative: Gu Kuan-ren, 62,835,750 shares (5) Director: Han Lei Investment Co., Ltd., Representative: Huang Chih-ming, 3,387,285 shares (6) Director: Chi Cheng Investment Co., Ltd., Representative: Chen Pao-ho, 7,580,433 shares (7) Director: Muchuan Global Capital Co., Ltd., Representative: Hou Yen-liang, 4,200,000 shares (8) Independent Director: Liu Chi-kang, 0 shares (9) Independent Director: Liu Chia-wen, 0 shares (10) Independent Director: Sun Ming-te, 0 shares (11) Independent Director: Ke Wen-ling, 0 shares 10. Previous term: 2023/05/30 - 2026/05/29 11. Effective date of the new term: 2026/05/22 - 2029/05/21 12. Percentage of change in directors during the same term: Not applicable 13. Percentage of change in independent directors during the same term: Not applicable 14. Percentage of change in supervisors during the same term: Not applicable 15. Changes in more than one-third of directors: Yes 16. Other matters: None