The board of directors of the Company approves removal of the non compete clause for managers

1. Date of the board of directors resolution: 2025/01/17

2. Name and title of the managerial officer with permission to engage in competitive conduct: CHIANG, YING-I / Vice President of Quality Management Center

3. Items of competitive conduct in which the officer is permitted to engage: Provided the Company's interests are protected

4. Period of permission to engage in the competitive conduct: For the duration of being employed as a manager of the Company

5. Circumstances of the resolution (please describe the results of voting in accordance with Article 32 of the Company Act): All the directors present passed the proposal without objection.

6. If the permitted competitive conduct belongs to the operator of a mainland China enterprise, the name and title of the managerial officer (if it is not the operator of a mainland China enterprise, please enter “N/A” below): CHIANG, YING-I / Vice President of Quality Management Center

7. Company name of the mainland China enterprise and the officer’s position in the enterprise:
XINRUILIAN ELECTRONICS (ZHAOQING) CO., LTD / President
ZHAO QING HENGYANG ELECTRONICS CO., LTD / President

8. Address of the mainland China enterprise:
XINRUILIAN ELECTRONICS (ZHAOQING) CO., LTD: West of Xiaoxiang Town Police Station, Gaoyao District, Zhaoqing City, Guangdong Province

ZHAO QING HENGYANG ELECTRONICS CO., LTD: Xiangxing West Road, Xiaoxiang Town, Gaoyao District, Zhaoqing City, Guangdong Province

9. Operations of the mainland China enterprise:
XINRUILIAN ELECTRONICS (ZHAOQING) CO., LTD: Manufacturing and sales of cooling fans.
ZHAO QING HENGYANG ELECTRONICS CO., LTD: Sales of cooling fans.

10. Impact on the company’s finance and business: None

11. If the managerial officer or director has invested in the mainland China enterprise, the monetary amount of the investment and the officer or director’s shareholding ratio: N/A

12. Any other matters that need to be specified: None