8422 Canwell: Board Approves Issuance of Third Domestic Unsecured Convertible Bonds

Announcement Date: July 3, 2026 Statement Date: July 2, 2026 Statement Time: 17:14:39 Company Code: 8422 Company Name: Canwell*

Subject: Announcement of the Board of Directors' Resolution to Issue the Third Domestic Unsecured Convertible Bonds Applicable Clause: Clause 11 Factual Date: July 2, 2026

Details: 1. Board Resolution Date: July 2, 2026 2. Name (XX Company's Xth Secured/Unsecured Corporate Bond): Canwell Corporation Third Domestic Unsecured Convertible Corporate Bond 3. Whether the issuance of corporate bonds is under a blanket filing (Yes/No): No 4. Total Issuance Amount: Maximum face value of NT$2.5 billion 5. Face Value per Unit: NT$100,000 6. Issue Price: Minimum issue price not below 100% of face value; actual issue price determined by auction results 7. Term: 5 years 8. Interest Rate: 0% annual coupon rate 9. Type, Name, Amount, and Terms of Collateral: Not applicable 10. Use of Proceeds and Funding Plan: Investment in subsidiaries and repayment of bank loans 11. Underwriting Method: Public offering via auction; authorized Chairman or designated personnel to jointly determine with lead underwriter 12. Bond Trustee: CTBC Bank Co., Ltd. 13. Underwriter or Distributor: CTBC Securities Co., Ltd. 14. Issuance Guarantor: Not applicable 15. Agent for Principal and Interest Payments: Taishin Securities Co., Ltd., Shareholder Services Department (Company's share agency) 16. Visa Institution: The third domestic unsecured convertible bond is issued in dematerialized form; not applicable 17. Conversion Terms for Convertible Shares: To be determined in accordance with relevant laws and regulations, subject to regulatory approval, and announced separately 18. Put Option Terms: To be determined in accordance with relevant laws and regulations, subject to regulatory approval, and announced separately 19. Call Option Terms: To be determined in accordance with relevant laws and regulations, subject to regulatory approval, and announced separately 20. Share Conversion Benchmark Date (if convertible, exchangeable, or subscription rights attached): To be determined in accordance with relevant laws and regulations, subject to regulatory approval, and announced separately 21. Potential Dilution of Equity (if convertible, exchangeable, or subscription rights attached): To be determined in accordance with relevant laws and regulations, subject to regulatory approval, and announced separately 22. Rationality and Necessity of Fundraising after Cash Capital Reduction (applicable if cash capital reduction was conducted in the fundraising year or previous year): Not applicable 23. Other Matters to be Stated: (1) After the filing becomes effective with the competent authority, the Chairman is authorized to set the issuance date and apply for over-the-counter trading at the Taiwan OTC Exchange. (2) Due to the rapidly changing capital market financing environment, to ensure timely determination of issuance terms and execution, the Chairman or designated personnel are authorized to fully handle any revisions to the issuance amount, terms, issuance and conversion methods, total funding required, funding sources, project items, fund utilization progress, expected benefits, and other related matters, if required by regulatory authorities, legal amendments, or changes in objective conditions. (3) To facilitate the issuance process of the third domestic unsecured convertible bond financing plan, the Chairman or designated personnel are authorized to approve and sign all related issuance documents on behalf of the company and handle all issuance procedures.