Nien Hsing: 15th First Board of Directors Elects New Chairman

1. Date of Board Resolution or Change: June 16, 2026 2. Position: Chairman 3. Former Incumbent Name: Chen Wei-Han (Representative of corporate director Pan Da Investment Co., Ltd.) 4. Former Incumbent Resume: Chairman of Nien Hsing Textile Co., Ltd. 5. New Appointee Name: Chen Wei-Han (Representative of corporate director Pan Da Investment Co., Ltd.) 6. New Appointee Resume: Chairman of Nien Hsing Textile Co., Ltd. 7. Nature of Change: Term Expiration 8. Reason for Change: Regular re-election upon term expiration 9. Effective Date of New Appointment: June 16, 2026 10. Other Matters to be Disclosed: None.

This announcement qualifies as material information under Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act, as it pertains to a publicly listed company and may significantly affect shareholder rights or stock prices.