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[Hwa Mao] Announcement of Shareholder Meeting Resolution to Lift Non-Competition Restrictions on a New Director

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Hwa Mao announced that its shareholder meeting on May 20, 2026, resolved to lift the non-competition restrictions on Director Chen Lun-Ching. This allows him to concurrently serve as the Chairman of Ju Chin Investment Co., Ltd. and Ju Lun Investment Co., Ltd. The resolution was passed with the approval of 95.42% of the voting rights of shareholders present. The permission is valid for the duration of the 14th Board of Directors' term.

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