[Taodi-KY] Announcement of Board Resolution to Conduct Private Placement of Securities

1. Date of the board resolution: 2026/05/15 2. Type of private placement securities: Common shares 3. Target offeree and relationship: Mr. Wang Xun-Fa, Vice Chairman of Jiangsu Caimao (a related enterprise with significant influence). 4. Volume of private placement: Up to 4,000,000 common shares 5. Authorized quota: Up to 4,000,000 common shares 6. Pricing basis and rationality: Pricing will adhere to regulations and account for the 3-year transfer restriction, which is reasonable. 7. Use of funds: Entirely for expanding operational scale and entering the upstream supply chain by establishing a children's clothing production base in Vietnam. 8. Reason for not using public offering: Introducing strategic investors via private placement, which restricts transfer for 3 years, secures long-term collaboration and offers higher agility and timeliness compared to public offerings. 9. Dissenting independent directors: None 10. Actual pricing date: Authorized to the board by the AGM. 11. Reference price calculation: Based on standard regulatory formulas (higher of 1, 3, or 5-day average vs 30-day average). 12. Actual issue price: Must not be lower than the percentage approved by the AGM. 18. Other matters: The establishment of the Vietnam base refers to the acquisition of 40% equity in Dai Phat Garments as per the previously announced MOU.