Sanyang Industries Announces Shareholder Meeting Resolution to Lift Non-Compete Restrictions for Directors

1. Shareholder Meeting Resolution Date: 115/06/26

2. Names and Titles of Directors Permitted to Engage in Competitive Activities: (1) Director: Wu Qingyuan (2) Director: Wu Lizhu, Representative of Qianjing Investment Co., Ltd. (3) Director: Wu Yicheng, Representative of Qianjing Investment Co., Ltd. (4) Director: Huang Yuchang, Representative of Zhaoyao Investment Co., Ltd. (5) Director: Tian Renhao, Representative of Zhaoyao Investment Co., Ltd. (6) Independent Director: Shi Zhongchuan (7) Independent Director: Chen Fuwei (8) Independent Director: Wei Xinghai

3. Approved Competitive Activities: (1) Director: Wu Qingyuan Taiwan Nonglin Co., Ltd. – Chairman Xiamen SYM Motor Co., Ltd. – Chairman Nanyang Enterprise Co., Ltd. – Chairman Asia Fu Co., Ltd. – Director Asia Fu Energy Storage Co., Ltd. – Director Qingda Investment Co., Ltd. – Chairman Qingzhao Investment Co., Ltd. – Director Haohan Industrial Product Design (Shanghai) Co., Ltd. – Director Chinyang Technology Co., Ltd. – Director Jiuxing Biotech Co., Ltd. – Chairman Jiuding Development & Construction Co., Ltd. – Director

(2) Director: Wu Lizhu, Representative of Qianjing Investment Co., Ltd. Nanyang Enterprise Co., Ltd. – Vice Chairman Nanyang Insurance Agency Co., Ltd. – Chairman Xiamen SYM Motor Co., Ltd. – Director Vietnam Vinh Chau Technology Co., Ltd. – Director Vietnam Manufacturing & Processing Export (Holdings) Co., Ltd. – Non-Executive Director Nanyang Holding Co., Ltd. – Director Shimeng Construction Co., Ltd. – Chairman Sanxin Development & Consulting Co., Ltd. – Director

(3) Director: Wu Yicheng, Representative of Qianjing Investment Co., Ltd. Nanyang Enterprise Co., Ltd. – Director Xiamen Qungeng Industrial Co., Ltd. – Chairman Xiamen SYM Trading Co., Ltd. – Director Haohan Industrial Product Design (Shanghai) Co., Ltd. – Director

(4) Director: Huang Yuchang, Representative of Zhaoyao Investment Co., Ltd. Taiwan Nonglin Co., Ltd. – Director Quanmei Construction Co., Ltd. – Director

(5) Director: Tian Renhao, Representative of Zhaoyao Investment Co., Ltd. Changzhou Nanyang Auto Sales & Service Co., Ltd. – Chairman Samsun Machinery Industry Co., Ltd. – Chairman Xiamen Samsun Machinery Industry Co., Ltd. – Chairman Vietnam Samsun Industry Co., Ltd. – Chairman Jingshan Environmental Protection Technology Co., Ltd. – Chairman Wuding Biotechnology Co., Ltd. – Director Nanyang Enterprise Co., Ltd. – Director Rongzhang Industrial Co., Ltd. – Director Asia Fu Co., Ltd. – Director Asia Fu Energy Storage Co., Ltd. – Director Qiaosong Health Co., Ltd. – Director

(6) Independent Director: Shi Zhongchuan Ingel Technology Co., Ltd. – Independent Director

(7) Independent Director: Chen Fuwei Siwei Co., Ltd. – Independent Director Standard Chartered Bank Taiwan Limited – Independent Director

(8) Independent Director: Wei Xinghai Taiwan Port Construction Co., Ltd. – Independent Director Advantech Co., Ltd. – Independent Director Zyxel Investment Holding Co., Ltd. – Independent Director

4. Duration of Approved Competitive Activities: Throughout their tenure as directors of the company.

5. Resolution Outcome (Pursuant to Article 209 of the Company Act): The resolution was approved by a majority of attending shareholders, with over two-thirds of issued shares represented, passing as proposed.

6. Directors Engaging in Competitive Activities in Mainland China-Based Businesses (Enter 'Not Applicable' if none): (1) Director: Wu Qingyuan (2) Director: Wu Lizhu, Representative of Qianjing Investment Co., Ltd. (3) Director: Wu Yicheng, Representative of Qianjing Investment Co., Ltd. (4) Director: Tian Renhao, Representative of Zhaoyao Investment Co., Ltd.

7. Mainland China-Based Companies and Positions Held: (1) Director: Wu Qingyuan Xiamen SYM Motor Co., Ltd. – Chairman Haohan Industrial Product Design (Shanghai) Co., Ltd. – Director

(2) Director: Wu Lizhu, Representative of Qianjing Investment Co., Ltd. Xiamen SYM Motor Co., Ltd. – Director

(3) Director: Wu Yicheng, Representative of Qianjing Investment Co., Ltd. Xiamen Qungeng Industrial Co., Ltd. – Chairman Xiamen SYM Trading Co., Ltd. – Director Haohan Industrial Product Design (Shanghai) Co., Ltd. – Director

(4) Director: Tian Renhao, Representative of Zhaoyao Investment Co., Ltd. Changzhou Nanyang Auto Sales & Service Co., Ltd. – Chairman Xiamen Samsun Machinery Industry Co., Ltd. – Chairman

8. Addresses of Mainland China-Based Businesses: (1) Xiamen SYM Motor Co., Ltd. No. 99, Xibin Road, Xinglin, Jimei District, Xiamen (2) Haohan Industrial Product Design (Shanghai) Co., Ltd. No. 46, Yuanda Road, Anting Town, Jiading District, Shanghai International Automobile City Parts Industrial Park (3) Xiamen Qungeng Industrial Co., Ltd. No. 99-10, Xibin Road, Jimei District, Xiamen (4) Xiamen SYM Trading Co., Ltd. No. 99-1, Xibin Road, Jimei District, Xiamen (5) Changzhou Nanyang Auto Sales & Service Co., Ltd. No. 23, Zonglu Road, Zhonglou District, Changzhou (6) Xiamen Samsun Machinery Industry Co., Ltd. No. 62-70, Tianyang Road, Jimei District, Xiamen

9. Business Activities of Mainland China-Based Entities: (1) Xiamen SYM Motor Co., Ltd.: Manufacturing and sales of motorcycles and parts (2) Haohan Industrial Product Design (Shanghai) Co., Ltd. Industrial product design (3) Xiamen Qungeng Industrial Co., Ltd. Manufacturing and sales of motorcycle components (4) Xiamen SYM Trading Co., Ltd. Retail and wholesale of motorcycles and parts (5) Changzhou Nanyang Auto Sales & Service Co., Ltd. Retail of automobiles and parts (6) Xiamen Samsun Machinery Industry Co., Ltd. Manufacturing, processing, and trading of motorcycle parts

10. Impact on Company's Financial and Business Operations: None

11. Directors' Investment Amounts and Shareholding Ratios in Mainland China Businesses: None

12. Other Matters to Be Disclosed: None