Yueh Ri Motor Announces Shareholder Meeting Resolution to Lift Non-Competition Restrictions for Directors

Release Date: June 27, 2026 Statement Date: June 26, 2026 Statement Time: 13:37:57 Company Code: 2227 Company Name: Yueh Ri Motor

Subject: Resolution by the Annual Shareholders' Meeting to Lift Non-Competition Restrictions for Directors

Relevant Clause: Clause 21 Event Date: June 26, 2026

Details:

1. Shareholders' Meeting Resolution Date: June 26, 2026

2. Names and Titles of Directors Permitted to Engage in Competitive Activities: (1) Yao Zhen-Xiang, Director (2) Xu Guo-Xing, Director (3) Liao Jian-Shun, Director (4) Tsutsumi Masao, Director (5) Ishizuka Jun, Director

3. Scope of Permitted Competitive Activities: Companies engaged in businesses identical or similar to the company's business scope

4. Duration of Permission: Throughout the period during which the individuals serve as directors of the company

5. Voting Outcome (as per Article 209 of the Company Act): The annual shareholders' meeting approved the lifting of non-competition restrictions for the aforementioned directors, provided that such activities do not harm the company's interests.

6. Directors Engaging in Competitive Activities with Enterprises in Mainland China (if not applicable, state "Not Applicable"): Not Applicable

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

8. Address of Mainland China Enterprise: Not Applicable

9. Business Scope of Mainland China Enterprise: Not Applicable

10. Impact on the Company's Financial and Operational Status: Not Applicable

11. If Directors Have Invested in Mainland China Enterprises, Investment Amount and Shareholding Ratio: Not Applicable

12. Other Matters to be Disclosed: None