Radiant Opto-Electronics: Announcement of Subsidiary's Over-Limit Loan Improvement Plan

Radiant Opto-Electronics announced an improvement plan for its subsidiary's over-limit loan. The event occurred on April 9, 2026. The company name is NIL Technology ApS, a subsidiary of Radiant Opto-Electronics. As of the end of February 2026, NIL Technology ApS's loans to its subsidiaries NILT Switzerland GmbH and NILT SINGAPORE PTE. LTD. exceeded individual and total limits. In response, the Financial Supervisory Commission issued a letter on March 30, 2026, requiring the parent company to supervise the subsidiary in formulating an improvement plan, announcing it in the Public Information Observation Post's significant news, and reporting its execution quarterly to the Board of Directors and at the shareholder meeting. The improvement measures include: (1) Radiant Opto-Electronics' audit committee and board approved the improvement plan on April 1, 2026. RADIANT OPTO-ELECTRONICS (SINGAPORE) PTE. LTD. plans to lend EUR 4.6 million to NILT Switzerland GmbH by June 30, 2026, to repay its debt to NIL Technology ApS, thereby improving the over-limit situation. (2) The execution status will be reported at the 2026 shareholder meeting, and quarterly announcements and board reports will continue until the improvement plan is completed.