[Wistron] Announcement of the Merger of Subsidiary Xiangyu Technology Co., Ltd. with GEOSAT Aerospace & Technology Inc.

1. Type of merger: Absorption merger
2. Date of event: April 27, 2026
3. Participating companies:
Surviving company: Xiangyu Technology Co., Ltd. (Xiangyu)
Dissolved company: GEOSAT Aerospace & Technology Inc. (GEOSAT)
4. Counterparty: Same as above
5. Relationship: Both are subsidiaries of Wistron (indirectly held 100% and 45.18% respectively).
6. Reason for selecting related party: Group internal restructuring for resource integration; no major impact on shareholder equity.
7. Purpose and conditions:
Purpose: To integrate group resources, expand scale, and enhance synergy and competitiveness.
Conditions: 1 share of GEOSAT common stock will be exchanged for approximately 0.856 shares of Xiangyu common stock.
8. Expected benefits: Enhanced business synergy and strengthened competitiveness.
9. Impact on EPS and net value: Minimal, as it is a structure adjustment.
10. Consideration: Issuance of new common shares by Xiangyu.
11. Exchange ratio basis: Based on the latest audited financial reports and market factors.
12. Fairness opinion from independent expert: Yes, considered reasonable.
13. Auditor/Lawyer: Lian-Jie CPA Firm / James Chan (Zhan Ding-Xun).
14. Professional license number: FSC Cert No. 4818.
15. Expert opinion content: Valuation based on market and income approaches considered the ratio reasonable.
16. Schedule: To be determined by the board after shareholder approval.
17. Rights and obligations: Xiangyu will assume all rights, obligations, and debts of GEOSAT.
18. Basic info:
Xiangyu: Agency sales of smart systems
GEOSAT: UAV products and engineering services
19. Future plans: GEOSAT will be dissolved after the merger; business will continue under Xiangyu.
20. Director information: Disclosed as related party interests given Wistron's ownership.