Wah Lee Announces Subsidiary Yongheng New Energy's Simple Merger Plan Creditor Notice

1. Date of occurrence: June 8, 2026 (115/06/08) 2. Company name: Yongheng New Energy Co., Ltd. 3. Relationship with the Company (please enter the company or subsidiary): Subsidiary 4. Shareholding ratio: The Company's subsidiary Hengyuan New Energy Co., Ltd. holds 100% equity of Yongheng New Energy Co., Ltd. 5. Reason for occurrence: (1) To promote corporate integration, the board of directors of Hengyuan New Energy Co., Ltd. resolved on June 8, 2026 (115/06/08) to approve the simple merger plan of its wholly-owned subsidiary Yongheng New Energy Co., Ltd. After the merger, Hengyuan New Energy Co., Ltd. will be the surviving company, and Yongheng New Energy Co., Ltd. will be the dissolved company. The merger effective date is July 10, 2026 (115/07/10). Pursuant to Article 75 of the Company Act, all rights and obligations of Yongheng New Energy Co., Ltd. shall be assumed by the surviving company Hengyuan New Energy Co., Ltd. as of the merger effective date. (2) Yongheng New Energy Co., Ltd. is a wholly-owned subsidiary of Hengyuan New Energy Co., Ltd. The simple merger is conducted in accordance with Article 19 of the Business Mergers and Acquisitions Act. It is an organizational restructuring and will not affect shareholders' rights and interests. 6. Response measures: Creditors of Yongheng New Energy Co., Ltd. who have any objection to this merger plan may, during the period from June 9, 2026 to July 9, 2026, submit a written objection, along with supporting documents proving the claim (the objecting creditor bears the burden of proof for the claimed debt), in person or by mail (postmark date shall prevail; mailing address: 11F, No. 369, Fuxing North Road, Songshan District, Taipei City) to Yongheng New Energy Co., Ltd. Failure to object within the period shall be deemed as no objection. 7. Other matters to be stated (if the subject of the event or resolution is a public company, this material information also complies with Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters with material impact on shareholders' equity or securities prices): None