San Neng-KY Announces Approval of Non-Compete Waiver for Executive at Key Subsidiary San Neng Wuxi Co., Ltd.

1. Board Resolution Date: 115/06/26

2. Name and Title of Executive Permitted to Engage in Competitive Activities: Hua Weiqin, General Manager of San Neng Wuxi Co., Ltd.

3. Permitted Competitive Activities: Concurrently serving as director, supervisor, or manager in companies with similar or identical business nature to the company

4. Duration of Permitted Competitive Activities: During the period of serving as an executive at the company

5. Resolution Outcome (Voting Results per Article 32 of the Company Act): Unanimously approved by all attending directors

6. Name and Title of Executive if the Permitted Competitive Activity Involves Businesses in Mainland China (Enter 'Not Applicable' if not applicable): Hua Weiqin, General Manager of San Neng Wuxi Co., Ltd.

7. Company Name and Position Held in the Mainland China Business: (1) Supervisor at Wuxi Skyer Trading Co., Ltd. (2) Director at San Neng Bakery Ware (Guangzhou) Co., Ltd.

8. Address of the Mainland China Business: (1) Wuxi Skyer Trading Co., Ltd.: No. 316, Youyi North Road, Xishan District, Wuxi City, Jiangsu Province (2) San Neng Bakery Ware (Guangzhou) Co., Ltd.: Building 11, Phase II, Huachuang Animation Industrial Park, Jinshan Village, Shiqi Town, Panyu District, Guangzhou City, Guangdong Province

9. Business Scope of the Mainland China Business: (1) Wuxi Skyer Trading Co., Ltd.: Sale of bakery tools, raw ingredients, packaging materials, and cake decoration supplies (2) San Neng Bakery Ware (Guangzhou) Co., Ltd.: Sale of bakery tools, raw ingredients, and packaging materials

10. Impact on the Company's Financial and Operational Performance: None

11. If the Executive has Invested in the Mainland China Business, Investment Amount and Shareholding Ratio: None

12. Other Matters to be Disclosed: None