Merry Electronics Announces Board Resolution to Cancel and Retire Restricted Stock Units for Employees and Implement Capital Reduction

1. Date of board resolution: 2026/04/29 2. Reason for capital reduction: Due to employees losing eligibility for vested conditions upon resignation/retirement for previously allocated restricted stock units, the company will repurchase and cancel these shares at their original issuance price. 3. Capital reduction amount: NT$1,820,000. 4. Number of shares to be cancelled: 182,000 shares. 5. Capital reduction ratio: 0.072% 6. Capital after reduction: NT$2,536,449,140. 7. Scheduled date of shareholders' meeting: Not applicable. 8. Number of listed common shares after capital reduction and new share listing: Not applicable. 9. Ratio of listed common shares after capital reduction and new share listing to total issued common shares (listed common shares after reduction / total issued common shares after reduction): Not applicable. 10. For cases where the number of listed common shares after capital reduction in the preceding two items is less than 60 million shares and less than 25%, please explain the measures to address low equity liquidity: Not applicable. 11. Record date for capital reduction: 2026/04/30. 12. Other matters to be specified: (1) The company's total issued shares are 253,826,914 shares. This cancellation of restricted stock units amounts to 182,000 shares. The shares after this capital reduction will be 253,644,914 shares. (2) The record date for the capital reduction is April 30, 2026. If there are any changes due to actual operations, the board of directors authorizes the chairman to make adjustments.