[Lianshangfa] Announcement of Shareholders' Meeting Resolution Approving the Waiver of Non-Compete Restrictions for Newly Appointed Directors and Their Representatives

1. Shareholders' Meeting Resolution Date: 115/06/23

2. Names and Titles of Directors Permitted to Engage in Competitive Activities: (1) Director – Representative of Lianshang Investment Co., Ltd., Mr. Su Yongyi (2) Director – Representative of Lianjie Construction Co., Ltd., Ms. Yang Shu-Mian (3) Director – Representative of Lianjie Construction Co., Ltd., Mr. Li Zhi-Ming (4) Director – Representative of Lianjie Construction Co., Ltd., Ms. Zeng Jin-Qing

3. Approved Competitive Activities: (1) Waiver of non-compete restriction for Director Chairman Su Yongyi serving as Chairman of Lianshang Investment Co., Ltd., Director of Lianjing Investment Co., Ltd., Chairman of Lianshang Industrial Co., Ltd., Chairman of Lianjie Construction Co., Ltd., Supervisor of Meili Construction Co., Ltd., Director of Metropolis Living Development Co., Ltd., Chairman of Dahao Living Co., Ltd., and Supervisor of Lianshang Kenting Co., Ltd. (2) Waiver of non-compete restriction for Director Yang Shu-Mian serving as Director of Lianshang Investment Co., Ltd., Chairman of Lianjing Investment Co., Ltd., Director of Lianting Investment Co., Ltd., Director of Lianshang Industrial Co., Ltd., Chairman of Meili Construction Co., Ltd., Director of Metropolis Living Development Co., Ltd., and Director of Lianshang Kenting Co., Ltd. (3) Waiver of non-compete restriction for Director Li Zhi-Ming serving as Principal of Li Zhi-Ming Architectural Office. (4) Waiver of non-compete restriction for Director Zeng Jin-Qing serving as Principal of Yongxinjiuye Co., Ltd. and Supervisor of Yunzan Construction Co., Ltd.

4. Duration of Approved Competitive Activities: During the term of office as director of the company.

5. Voting Results (as per Article 209 of the Company Act): The resolution was approved by vote. Votes in favor: 144,736,645 Votes opposed: 2,176,417 Invalid votes: 0 Abstentions / Non-votes: 5,929,990

6. Directors Engaging in Competitive Activities with Businesses in Mainland China (if not applicable, enter 'Not Applicable'): Not Applicable.

7. Company Name and Position Held in Mainland China Business: Not Applicable.

8. Address of Mainland China Business: Not Applicable.

9. Business Scope of Mainland China Business: Not Applicable.

10. Impact on the Company's Financial and Business Operations: Not Applicable.

11. Investment Amount and Shareholding Ratio if Directors Invest in Mainland China Business: Not Applicable.

12. Other Matters to be Disclosed: None.