Pou Chen Announces Subsidiary High Glory Footwear India to Build Factory via Build-to-Suit Lease

1. Type of Contract: Build-to-Suit Lease 2. Event Date: July 10, 2025 ~ July 10, 2025 3. Board Approval Date: February 14, 2025 4. Other Approval Dates: Not applicable 5. Counterparty and Relationship with the Company: Counterparty: ORBITTAL ELECTROMECH ENGINEERING PROJECTS PRIVATE LIMITED and VIDVEDAA PRIVATE LIMITED, among others Relationship with the Company: None 6. Main Contract Contents (including total contract amount, expected investment amount, contract period, restrictions, and other important terms): Total Contract Amount: USD 109,060,000 Contract Period, Restrictions, and Other Important Terms: As stipulated in the contract 7. Name of Professional Appraisal Firm or Company and Appraisal Result: Not applicable 8. Name of Real Estate Appraiser: Not applicable 9. License Number of Real Estate Appraiser: Not applicable 10. Specific Purpose of Acquisition: For operational needs 11. Dissenting Director's Opinion on the Transaction: None 12. Whether the Transaction is a Related-Party Transaction: No 13. Date of Supervisor Approval or Audit Committee Consent: Not applicable 14. Whether the Appraisal Report is at a Limited, Specific, or Special Price: No or Not applicable 15. Whether the Appraisal Report Has Not Yet Been Obtained: No or Not applicable 16. Reason for Not Obtaining the Appraisal Report: Not applicable 17. Reasons for Significant Differences in Appraisal Results and Auditor's Opinion: Not applicable 18. Name of Accounting Firm: Not applicable 19. Name of Auditor: Not applicable 20. Auditor's License Number: Not applicable 21. Previous Date of Material Information Disclosure on the Same Event: February 14, 2025 22. Other Disclosures: Supplementary announcement: Additional disclosure of counterparties and total contract amount