Toda-Sou Announces Shareholders' Meeting Resolution Approving Waiver of Non-Competition Clause for New Directors

1. Shareholders' Meeting Resolution Date: 115/06/26

2. Names and Titles of Directors Permitted to Engage in Competitive Activities:

2-1. Director: Zhang Jin-Feng

2-2. Director: Li Jia-Cheng, Representative of Zhong Ying Investment Development Co., Ltd.

2-3. Director: Zhang Yu-Rou

2-4. Independent Director: Chen Yu-Ge

2-5. Independent Director: Weng Guo-Liang

2-6. Independent Director: Zhao Gui-Xiang

2-7. Independent Director: Li Shu-Juan

3. Approved Competitive Activities:

3-1. Zhang Jin-Feng Chairman and General Manager of Futian Electric Machinery Co., Ltd.

3-2. Li Jia-Cheng, Representative of Zhong Ying Investment Development Co., Ltd. Assistant Vice President, Business Division, China Steel Corporation Director, Chung Lo Steel Corporation Director, Yun Ying Co., Ltd. Director, China Steel Malaysia Sdn. Bhd. Director, China Steel Malaysia Holdings Chairman, China Steel-Nippon Steel Vietnam Joint Venture Director, Tōa Renmei Seitetsu Kabushiki Kaisha Director, Ho-Mao International Co., Ltd.

3-3. Zhang Yu-Rou Financial Specialist, Global BioTech (France-based) Co., Ltd.

3-4. Chen Yu-Ge Managing Partner, Wei Feng United Accounting Firm Independent Director, Baowei Industrial Co., Ltd.

3-5. Weng Guo-Liang General Manager, He Wei Vehicle Technology Co., Ltd.

3-6. Zhao Gui-Xiang Distinguished Professor and Vice President, Department of Electrical Engineering, Dayeh University

3-7. Li Shu-Juan Principal Attorney, Chang Yao International Law Firm

4. Duration of Approval for Competitive Activities: Throughout the term of their directorship at our company.

5. Resolution Outcome (as per Article 209 of the Company Act): This proposal was approved with over half of the issued shares represented in attendance, and more than two-thirds of the voting rights of attending shareholders voted in favor.

6. Directors Engaging in Competitive Activities Related to Businesses in Mainland China (Enter 'Not Applicable' if none): Not Applicable

7. Company Name and Position Held in Such Mainland China Business: Not Applicable

8. Address of Such Mainland China Business: Not Applicable

9. Business Scope of Such Mainland China Business: Not Applicable

10. Impact on Company's Financial and Business Operations: Not Applicable

11. If Directors Have Invested in Such Mainland China Business, Investment Amount and Shareholding Ratio: Not Applicable

12. Other Matters to be Disclosed: None.