[Baihe Co., Ltd.-KY] Announcement of Board Resolution by Subsidiary Vietnam Baihe Co., Ltd. Regarding Cash Capital Increase

1. Date of Board Resolution: May 7, 2026 (115/05/07)
2. Source of Capital Increase Funds: Cash capital increase.
3. Whether to adopt a global filing for new share issuance (Yes, please specify the intended issuance period / No): No
4. Total issuance amount and number of shares for the entire project (if it's a capital increase from retained earnings or reserves, the number of shares issued does not include those allocated to employees):
(1) Total issuance amount: USD 120,000,000
(2) Number of shares issued: 120,000,000 shares
5. For projects adopting global filing for new share issuance, the current issuance amount and number of shares: Not applicable
6. For projects adopting global filing for new share issuance, the remaining amount and number of shares after this issuance: Not applicable
7. Par value per share: Not applicable
8. Issuance price: Not applicable
9. Number of shares subscribed by employees or amount allocated: Not applicable
10. Number of shares for public offering: Not applicable
11. Subscription ratio for existing shareholders or gratuitous distribution ratio: 0%.
12. Treatment of fractional shares and shares not subscribed within the deadline: Not applicable
13. Rights and obligations of new shares issued in this issuance: The rights and obligations of this cash capital increase are the same as the original share rights.
14. Purpose of capital increase funds: Repayment of bank loans.
15. Other matters to be noted:
This capital increase will be fully subscribed by Baihe Co., Ltd. After the increase, Hong Kong Baiqi International Trading Co., Ltd. and Baihe Co., Ltd. will hold 55.49% and 44.51% of Vietnam Baihe Co., Ltd., respectively.
Keywords: Material Information