[Richpower] Shareholder Meeting Announcement on Waiver of Non-Compete Obligations for New Directors

1. Date of Shareholder Meeting Resolution: May 22, 2026 2. Directors Granted Non-Compete Waiver: Director: Guo Shoufu (Representative of Chenwei Energy) Director: Lin Kunhuang (Representative of Chenwei Energy) Director: Bu Qingfan (Representative of Chenwei Energy) Director: Hao Xiapeng Independent Director: Chen Ruizhu Independent Director: Wang Xuqi Independent Director: Jiang Chengrong 3. Permitted Business Scope: Companies with business scopes identical or similar to ours. 4. Permitted Period: During their tenure as directors. 5. Resolution Status: Approved with 37,977,886 votes in favor (98.57% of attendance). 6. Concurrent positions in Mainland China: Applicable to Directors Guo, Lin, and Bu. 7. Selected Concurrent Positions: Guo Shoufu: Legal Representative/GM of Kunshan Fuji Jin Electronics Co., Ltd.; Director of Changzhou Xinwei Auto Investment Co., Ltd. Lin Kunhuang: Holds various executive roles including Director/Chairman/GM across subsidiaries like Fugang Electronics (Dongguan/Kunshan) and Fuchang Electronics. Bu Qingfan: Legal Representative/GM of Fugang Electronics (Dongguan); holds various supervisory and director roles in affiliated companies.