1438 Sandi Development

Disclosure Date: 1150626 Statement Date: 1150625 Statement Time: 172019 Company Code: 1438 Company Name: Sandi Development Subject: Announcement of the resolution passed at the 115th Annual General Meeting to lift non-compete restrictions on directors and their representatives. Applicable Clause: Clause 21 Factual Date: 1150625 Details: 1. Shareholders' Meeting Resolution Date: 115/06/25 2. Names and Titles of Directors Permitted to Engage in Competitive Activities: Director: Representative of Luying Investment Co., Ltd.: Chung Yu-Lin Representative of Luying Investment Co., Ltd.: Hsiao Yi-Fan 3. Nature of Permitted Competitive Activities: Engaging in business activities within the company's defined scope of operations. 4. Duration of Permitted Competitive Activities: During the period of serving as a director of the company. 5. Resolution Outcome (Voting Results under Company Act Article 209): Approved by the 115th Annual General Meeting in accordance with Article 209 of the Company Act. 6. Names and Titles of Directors Engaging in Competitive Activities Related to Businesses in Mainland China (Enter "Not Applicable" if not applicable): Not Applicable 7. Company Name and Position Held in Such Mainland China Business: Not Applicable 8. Address of Such Mainland China Business: Not Applicable 9. Business Activities of Such Mainland China Business: Not Applicable 10. Impact on the Company's Financial and Operational Status: None 11. If Directors Have Invested in Such Mainland China Business, Investment Amount and Shareholding Ratio: Not Applicable 12. Other Matters to be Disclosed: None